Address
194 E Biscayne Rd, Memphis, TN
Price
$ 124,900
Property Attributes
- MLS#10224807
- TypeSingle Family
- Listing Status Active
- CountySHELBY
- CityMemphis
- AreaWhitehaven-Graves
- NeighborhoodBARTON HEIGHTS 1ST ADD
- Zip38109
- StyleTraditional
- Year Built1956
- Taxes$ 789
- Price$ 124,900
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1165
- Lot Size0.32 Acres
Data Source:
Memphis MLS (MAAR)
Property Description
VA/FHA Approved home! Seller offering rate buy down on DSCR loans for this property and a 1 year everything warranty also 4 bed, 2 bath brick home in Memphis fully renovated, this property is generating income from day one. No rehab costs, no holding costs while you wait on repairs, just collect the rent checks from the property manager! This home is rented at $1195 on an annual Section 8 lease putting your potential gross yield in the 10-12% range at asking price. (do your own due diligence) Solid numbers for a single-family buy and hold. The brick construction means low exterior maintenance and durability that newer vinyl sided homes can't match. Updates are already done, so your capital goes toward acquiring the asset, not fixing it. Memphis continues to attract investors with its low entry prices, strong rental demand, and landlord-friendly Tennessee laws like no rent control, straightforward eviction process, and no state income tax.
| Price History | |
|---|---|
| 6/26/2026 | Listed $130,000 |
| 8/20/2026 | 4$124,900 |
General Features
| Heating | Wall Unit |
|---|---|
| Cooling | No Cooling |
| Status | Active |
| Full Baths | 2 |
| Legal Subdivision Name | BARTON HEIGHTS 1ST ADDN |
| Style | Traditional |
| Stories Count | 1 |
| County | Shelby |
| Class | Residential |
| Type | Detached Single Family |
| Condo | No |
| Area | 763A |
| Parcel Number | 050122 00009 |
| Status | Active |
| Annual City Tax | 386 |
| Annual County Tax | 403 |
| Sale/Rent | For Sale |
| Area | Whitehaven/Graves |
| Service Type | Full Service Listing |
| Neighborhood Association | None |
| Year Built | 1956 |
| Directions | Blues Hwy to Biscayne Rd. E to home |
| City | Memphis |
| DOM | 84 |
Interior Features
| Dining Room | 10x10 |
|---|---|
| Living Room | Eat-In Kitchen,Vinyl/Luxury Vinyl Floor |
| Living Room Dimensions | 12x12 |
| Beds | 4 |
| Total Baths | 2 |
| Number of Rooms | 6 |
| Downstairs Bedrooms | 4 |
| FLOORS/CEILINGS | Vinyl/Luxury Vinyl Floor |
Exterior Features
| Pool | None |
|---|---|
| Lot | 312 |
| Lot Size Area | 0.32 |
| Lot Size | 70X200 |
| Parking Display | No |
| Lot Description | Wooded |
| PARKING/STORAGE | Driveway/Pad,On-Street Parking |
| EXTERIOR/WINDOWS | Brick Veneer |
| Misc. Exterior | Porch |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 38109
Price
Taxes
Year Built
Visits
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MLS United® - All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
