565 HEMSLEY AVE Memphis, TN $ 199,500
565 HEMSLEY AVE
$ 199,500
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565 HEMSLEY AVE

Memphis, TN, 38109
$ 199,500
Bedrooms4 Baths2.0 Sq 1,423

Monthly Estimate*

$ 1,228

565 HEMSLEY AVE, Memphis, TN 38109 - Image 1
565 HEMSLEY AVE, Memphis, TN 38109 - Image 2
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565 HEMSLEY AVE, Memphis, TN 38109 - Image 9
565 HEMSLEY AVE, Memphis, TN 38109 - Image 10

Single Family Home for sale in Memphis, TN

for $199,500 with 4 bedrooms and 2 full baths. This 1,423 square foot home was built in 2024 on a lot size of 0.17.

Turnkey investment opportunity with tenant in place paying $1,800/month through 12/26/2026, generating $21,600 in annual gross rental income. Estimated monthly cash flow of $225.54 with a projected 4.80% cash-on-cash return. Professionally managed and stabilized asset offering immediate income. Tenant-occupied 4-bedroom, 2-bath home featuring major capital improvements including a 2-year-old roof, condenser, furnace, and water heater, helping minimize maintenance costs. Functional layout, spacious lot, and convenient location near schools, shopping, and major roadways support strong long-term rental demand. No wholesalers, assignments, or creative financing! TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Financials available upon request.

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Single Family Active

Price

$ 199,500

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 2,561

Style

Traditional

Lot Size

0.17

Year Built

2024

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10219466

Features
General
Heating Central
Cooling Central
Status Active Active
Full Baths 2
Half Baths 0
Legal Subdivision Name WHITEHAVEN MEADOWS
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 767C Whitehaven/Fairley
Parcel Number 076141 00007
Sale/Rent For Sale
Status Detail 0
Year Built 2024
Directions From Tulane Rd head west to Howard dr then head south to Frankie Ln then head west to Hemsley Ave. The house is on the left.
City Memphis
DOM 40
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Interior
Living Room Separate Dining Room Separate Living Room
Beds 4
Total Baths 2
Number of Rooms 6
Downstairs Bedrooms 4
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Exterior
Pool None
Lot 149
Lot Size Area 0.17
Lot Size 60X130
Lot Description Level
Misc. Exterior Porch
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* Excluded Features
List By
Foundation Property Management

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Affordability Calculator

$1,442
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,228
Monthly Property Taxes
$213
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
Pricing History
DatePricePrice ChangeDescription
4/17/2026$199,500 Listed Price

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565 HEMSLEY AVE, Memphis, TN, 38109 is a Single Family Home for sale at $199,500 with 1,423 sqft and a lot size of 0.17. 565 HEMSLEY AVE has 4 bedrooms, 2.0 baths, and was built in 2024. The property's zip code is 38109 which is in Memphis, TN