Address
513 Tonto Rd, Memphis, TN
Price
$ 75,000
Property Attributes
  • MLS#10230417
  • TypeSingle Family
  • Listing Status Active
  • CountySHELBY
  • CityMemphis
  • AreaCoro Lake
  • NeighborhoodCHICKASAW VILLAGE 3RD ADD
  • Zip38109
  • StyleTraditional
  • Year Built1963
  • Taxes$ 1365
  • Price$ 75,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage978
  • Lot Size0.17 Acres
Data Source:
Memphis MLS (MAAR)
Property Description

ATTENTION INVESTORS! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 3-bedroom, 1-bath single-family home is currently generating $975/ month in rental income, with the current lease running through 05/31/2027. 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
9/14/2026 Listed $75,000

General Features

Heating Central
Cooling Central
Status Active
Full Baths 1
Legal Subdivision Name CHICKASAW VILLAGE 3RD ADDN
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 765A
Parcel Number 075147 00003
Status Active
Annual City Tax 668
Annual County Tax 697
Sale/Rent For Sale
Area Coro Lake
Service Type Full Service Listing
Neighborhood Association None
Year Built 1963
Directions From Blues Hwy,go West onto Tonto Rd; property on left.
City Memphis
DOM 6

Interior Features

Living Room Eat-In Kitchen
Beds 3
Total Baths 1
Number of Rooms 6
FLOORS/CEILINGS Vinyl/Luxury Vinyl Floor

Exterior Features

Pool None
Lot 9
Lot Size Area 0.17
Lot Size 63X123
Parking Display C1A
Lot Description Some Trees
# Covered Parking Spaces 1
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Brick Veneer
Misc. Exterior Brick/Ironed Fence

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
AVG $110K
$80K
Taxes
AVG $1,228
$1,365
Year Built
AVG 1963
1963
Visits
AVG 80
1
Data Provided by Inside Real Estate®

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