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1211 CANFIELD AVE Memphis, TN $ 45,000
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1211 CANFIELD AVE
$ 45,000
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1211 CANFIELD AVE

Memphis, TN, 38127
$ 45,000
Bedrooms3 Baths1.0 Sq 900

Monthly Estimate*

$ 277

1211 CANFIELD AVE, Memphis, TN 38127 - Image 1

Single Family Home for sale in Memphis, TN

for $45,000 with 3 bedrooms and 1 full bath. This 900 square foot home was built in 1954 on a lot size of 0.32.

Turnkey investment opportunity with strong projected rental potential at an estimated $675/month ($8,100 annually), offering immediate upside for investors. Estimated monthly cash flow of $211.40 with a projected 14.29% cash-on-cash return (pro forma). INVESTORS—this is a value-add opportunity! This vacant 3BR/1BA home features a spacious living area, galley kitchen, and generously sized backyard. Property includes a 1-year-old AC system, 1-year-old heating system, and a 1-year-old water heater, reducing near-term maintenance concerns. Property requires TLC and is being sold AS-IS, making it ideal for renovation, repositioning, or portfolio expansion. VACANT PROPERTY – Easy to show. No wholesalers, assignments, or creative financing. Financials available upon request.

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Single Family Active

Price

$ 45,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 880

Style

Traditional

Lot Size

0.32

Year Built

1954

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10218074
Features
General
Heating Central
Cooling Central
Status Active Active
Full Baths 1
Half Baths 0
Legal Subdivision Name FRAYSER MANOR
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 726C Frayser/Whitney
Parcel Number 070013 00029
Sale/Rent For Sale
Status Detail 0
Year Built 1954
Directions From Frayser Blvd head South to Ridgecrest St then head West to Canfield Ave. The house is on the left.
City Memphis
DOM 47
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Interior
Living Room Eat-In Kitchen
Beds 3
Total Baths 1
Number of Rooms 5
Downstairs Bedrooms 3
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Exterior
Pool None
Lot 93
Lot Size Area 0.32
Lot Size 71X202
Lot Description Level
Misc. Exterior Porch
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* Excluded Features
List By
Foundation Property Management

Broker

Affordability Calculator

$350
Per Month
79%
21%
0%
Monthly Principal & Interest
$277
Monthly Property Taxes
$73
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
3/31/2026$45,000 Listed Price

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1211 CANFIELD AVE, Memphis, TN, 38127 is a Single Family Home for sale at $45,000 with 900 sqft and a lot size of 0.32. 1211 CANFIELD AVE has 3 bedrooms, 1.0 baths, and was built in 1954. The property's zip code is 38127 which is in Memphis, TN

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