Address
578 Mckinley St, Memphis, TN
Price
$ 195,000
Property Attributes
  • MLS#10230145
  • TypeSingle Family
  • Listing Status Active
  • CountySHELBY
  • CityMemphis
  • AreaSouth Bluffs-Downtown
  • NeighborhoodWILLIAMS
  • Zip38126
  • StyleTraditional
  • Year Built1912
  • Taxes$ 674
  • Price$ 195,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1822
  • Lot Size0.1 Acres
Data Source:
Memphis MLS (MAAR)
Property Description

ATTENTION INVESTORS!! Selling under appraised value!! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 3-bedroom, 2-bath single-family home is currently generating $1,150/ month in rental income, with the current lease running through 05/19/2028. An opportunity to purchase an income-producing property with a tenant already in place. Please do not disturb the tenant. No showings without an accepted offer. NO wholesale, assignment, or creative financing offers will be accepted. Financials available upon request. Professionally Managed IN-HOUSE

Price History
9/10/2026 Listed $195,000

General Features

Heating Wall Unit
Cooling Window Unit(s)
Status Active
Full Baths 2
Legal Subdivision Name WILLIAMS
Style Traditional
Stories Count 1.5
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 745E
Parcel Number 011028 00002
Status Active
Annual City Tax 330
Annual County Tax 344
Sale/Rent For Sale
Area South Bluffs/Downtown
Service Type Full Service Listing
Neighborhood Association None
Year Built 1912
Directions From Vance Ave go South on Boyd St,head West onto St Paul Ave and South on McKinley St; property on left.
City Memphis
DOM 8

Interior Features

Living Room Separate Living Room,Separate Dining Room,Updated/Renovated Kitchen
Beds 3
Total Baths 2
Number of Rooms 7
FLOORS/CEILINGS Part Hardwood,Vinyl/Luxury Vinyl Floor

Exterior Features

Pool None
Lot PTS49+51
Lot Size Area 0.1
Lot Size 40X115
Parking Display No
Lot Description Level
PARKING/STORAGE Street Parking Only
EXTERIOR/WINDOWS Brick Veneer
Misc. Exterior Porch,Balcony

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 38126

Price
AVG $140K
$200K
Taxes
AVG $1,032
$674
Year Built
AVG 1949
1912
Visits
AVG 40
2
Data Provided by Inside Real Estate®

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