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799 CHEROKEE AVE Memphis, TN $ 55,000
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799 CHEROKEE AVE
$ 55,000
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799 CHEROKEE AVE

Memphis, TN, 38106
$ 55,000
Bedrooms3 Baths1.0 Sq 1,131

Monthly Estimate*

$ 339

799 CHEROKEE AVE, Memphis, TN 38106 - Image 1

Single Family Home for sale in Memphis, TN

for $55,000 with 3 bedrooms and 1 full bath. This 1,131 square foot home was built in 1958 on a lot size of 0.17.

Turnkey investment opportunity with projected rent of $1,075/month ($12,900 annually). Estimated monthly cash flow of $530.79 with a projected 31.45% cash-on-cash return. Professionally managed and ready for your next tenant. 799 Cherokee Ave features hard surface flooring throughout, a bright living area, upgraded kitchen with shaker cabinets, central heat and air, and a large fenced backyard. Strong rental appeal with durable, low-maintenance features. Property needs TLC and is being sold AS IS. Seller will not connect utilities. NO WHOLESALERS, ASSIGNMENTS, OR CREATIVE FINANCING.

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Single Family Active

Price

$ 55,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 321

Style

Traditional

Lot Size

0.17

Year Built

1958

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10221846
Features
General
Heating Central
Cooling Central
Status Active Active
Full Baths 1
Half Baths 0
Legal Subdivision Name LOUIS MILLERS CHEROKEE AVE OF LOT 11 BL
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 747B South Memphis/61 Hwy
Parcel Number 034046 00013
Sale/Rent For Sale
Status Detail 0
Year Built 1958
Directions From Marjorie St head west to Cherokee Ave. The house is on the left.
City Memphis
DOM 11
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Interior
Living Room Separate Dining Room Separate Living Room
Beds 3
Total Baths 1
Number of Rooms 6
Downstairs Bedrooms 3
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Exterior
Pool None
Lot 2
Lot Size Area 0.17
Lot Size 159X95
Lot Description Level
Misc. Exterior Patio
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* Excluded Features
List By
Foundation Property Management

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Affordability Calculator

$365
Per Month
93%
7%
0%
Monthly Principal & Interest
$339
Monthly Property Taxes
$27
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
5/18/2026$55,000 Listed Price

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799 CHEROKEE AVE, Memphis, TN, 38106 is a Single Family Home for sale at $55,000 with 1,131 sqft and a lot size of 0.17. 799 CHEROKEE AVE has 3 bedrooms, 1.0 baths, and was built in 1958. The property's zip code is 38106 which is in Memphis, TN

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