1487 SWIFT ST Memphis, TN $ 89,000
1487 SWIFT ST
$ 89,000
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1487 SWIFT ST

Memphis, TN, 38109
$ 89,000
Bedrooms2 Baths1.0 Sq 1,076

Monthly Estimate*

$ 548

1487 SWIFT ST, Memphis, TN 38109 - Image 1
1487 SWIFT ST, Memphis, TN 38109 - Image 2
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Single Family Home for sale in Memphis, TN

for $89,000 with 2 bedrooms and 1 full bath. This 1,076 square foot home was built in 1938 on a lot size of 0.11.

Renovated in 2023, this income-producing property is an excellent opportunity for investors seeking a rent-ready asset with professional management already in place. Featuring a functional floor plan with a spacious living room, separate dining area, decorative fireplace, and a dedicated laundry room, this home also offers a covered front porch and a large backyard—appealing features for long-term tenant retention. Currently marketed for lease at $825 per month and managed by Mid South Best Rentals, providing a seamless transition for the new owner. Any lease secured prior to closing will remain in place, with all tenant rights transferring to the buyer, making this a true turnkey investment opportunity. Drive-by only at this time. Interior access will be provided after an accepted offer. Offers to include a contingency for Buyer’s satisfactory visual inspection. Inquire for details.

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Single Family Active

Price

$ 89,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 1,403

Style

Traditional

Lot Size

0.11

Year Built

1938

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10219709

Features
General
Heating Central
Cooling Central
Status Active Active
Full Baths 1
Half Baths 0
Legal Subdivision Name FORDHURST
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 747A South Memphis/61 Hwy
Parcel Number 035003 00006
Sale/Rent For Sale
Status Detail 0
Year Built 1938
Directions From S Third St & S Parkway head west on S Parkway E. In approximately 1 mile turn left onto Swift St. The property is on the right.
City Memphis
DOM 2
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Interior
Living Room Separate Living Room Updated/Renovated Kitchen
Beds 2
Total Baths 1
Fireplace Decorative Only
Number of Rooms 5
Downstairs Bedrooms 2
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Exterior
Foundation Conventional
Pool None
Lot S PT 17
Lot Size Area 0.11
Water & Sewer Public Water Public Sewer
Lot Size 50X105
Lot Description Some Trees
Misc. Exterior Wrought Iron Security Drs Porch
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* Excluded Features
List By
Crye-Leike, Inc., Realtors

Broker

Affordability Calculator

$665
Per Month
82%
18%
0%
Monthly Principal & Interest
$548
Monthly Property Taxes
$117
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
4/20/2026$89,000 Listed Price

Map


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1487 SWIFT ST, Memphis, TN, 38109 is a Single Family Home for sale at $89,000 with 1,076 sqft and a lot size of 0.11. 1487 SWIFT ST has 2 bedrooms, 1.0 baths, and was built in 1938. The property's zip code is 38109 which is in Memphis, TN