1284 ROYAL OAKS CV Memphis, TN $ 130,000
1284 ROYAL OAKS CV
$ 130,000
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1284 ROYAL OAKS CV

Memphis, TN, 38116
$ 130,000
Bedrooms3 Baths2.0 Sq 1,587

Monthly Estimate*

$ 821

1284 ROYAL OAKS CV, Memphis, TN 38116 - Image 1
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Single Family Home for sale in Memphis, TN

for $130,000 with 3 bedrooms and 2 full baths. This 1,587 square foot home was built in 1973 on a lot size of 0.07.

Professionally managed investment opportunity generating immediate cash flow! This tenant-occupied property is ideal for out-of-state investors seeking a stable, low-maintenance asset in the Memphis market. The home is currently leased at $1,200 per month, with the rent increasing to $1,250 beginning January 2027, and the existing lease runs through January 21, 2028, providing reliable income and minimizing vacancy risk. With professional property management already in place, a long-term tenant, and built-in rental growth, this is an excellent opportunity to add a cash-flowing asset to your portfolio with a seamless ownership transition. Please do not disturb the residents.

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Single Family Active

Price

$ 130,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 1,527

Style

Traditional

Lot Size

0.07

Year Built

1973

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10225834

Features
General
Heating Central
Cooling Central
Fireplaces 1
Status Active Active
Full Baths 2
Half Baths 0
Legal Subdivision Name THE HILLS
Style Traditional
Stories Count 2
County Shelby
Class Residential
Type Attached Single Family
Area 764B Whitehaven/Graceland
Parcel Number 078037 A00067
Sale/Rent For Sale
Status Detail 0
Year Built 1973
Directions Take the exit for Airways Boulevard then continue to Winchester Road and turn right. Follow Winchester for a short distance then turn left onto Hermitage Drive. Continue until you reach Royal Oaks Co
City Memphis
DOM 0
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Interior
Dining Room 6x8
Living Room Separate Living Room
Beds 3
Total Baths 2
Number of Rooms 5
Downstairs Bedrooms 1
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Exterior
Pool None
Lot 12
Lot Size Area 0.07
Lot Size 31X105
Lot Description Level
Misc. Exterior Wrought Iron Security Drs
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* Excluded Features
List By
Cb Properties Of Memphis, Llc

Broker

Affordability Calculator

$948
Per Month
87%
13%
0%
Monthly Principal & Interest
$821
Monthly Property Taxes
$127
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/10/2026$130,000 Listed Price

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1284 ROYAL OAKS CV, Memphis, TN, 38116 is a Single Family Home for sale at $130,000 with 1,587 sqft and a lot size of 0.07. 1284 ROYAL OAKS CV has 3 bedrooms, 2.0 baths, and was built in 1973. The property's zip code is 38116 which is in Memphis, TN