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988 MICHAEL CV Memphis, TN $ 167,000
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988 MICHAEL CV
$ 167,000
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988 MICHAEL CV

Memphis, TN, 38116
$ 167,000
Bedrooms3 Baths1.1 Sq 1,366

Monthly Estimate*

$ 1,054

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Single Family Home for sale in Memphis, TN

for $167,000 with 3 bedrooms and 1 full bath, 1 half bath. This 1,366 square foot home was built in 1951 on a lot size of 0.57.

Why search for your next investment when this one is already working? This beautifully renovated three-bedroom, one-and-a-half-bath home offers 1,366 square feet of refreshed living space, a spacious and functional layout, separate living and dining areas, central heating and air, and an expansive half-acre lot. Best of all, the property is currently leased for $1,650 per month through August 15, 2027, providing immediate rental income with a tenant already in place. Add this portfolio-ready opportunity to your collection before another investor does! Tenant occupied; please do not disturb. This property is 1 of 30 in the portfolio for sale.

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Single Family Active

Price

$ 167,000

Bedrooms

3

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 1,539

Style

Traditional

Lot Size

0.57

Year Built

1951

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10229965
Features
General
Heating Central
Cooling Central
Fireplaces 1
Status Active Active
Full Baths 1
Half Baths 1
Legal Subdivision Name LACEY MOSBYS WHITEHAVEN PARK 1ST ADDN
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 763F Whitehaven/Graves
Parcel Number 077030 00020
Sale/Rent For Sale
Status Detail 0
Year Built 1951
Directions From Elvis Presley Boulevard travel west on Raines Road. Turn right onto Michael Road then turn left onto Michael Cove. Continue to 988 Michael Cove.
City Memphis
DOM 2
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Interior
Dining Room 0
Living Room Other (See Remarks)
Beds 3
Total Baths 1.1
Number of Rooms 7
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Exterior
Pool None
Lot 102
Lot Size Area 0.57
Lot Size 52X193
Lot Description Level
Misc. Exterior Other (See REMARKS)
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* Excluded Features
List By
Keller Williams

Broker

Affordability Calculator

$1,183
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,054
Monthly Property Taxes
$128
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
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Pricing History
DatePricePrice ChangeDescription
9/8/2026$167,000 Listed Price

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988 MICHAEL CV, Memphis, TN, 38116 is a Single Family Home for sale at $167,000 with 1,366 sqft and a lot size of 0.57. 988 MICHAEL CV has 3 bedrooms, 1.1 baths, and was built in 1951. The property's zip code is 38116 which is in Memphis, TN

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