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516 Jeanne Dr, Memphis, TN 38109

$135,000.00
  • 516 Jeanne Dr, Memphis, TN 38109 Main Photo

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Active
BEDS3 BATHS1 full MLS#10219710
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONWHITEHAVEN PARK 5TH ADD

Property Description

Renovated in 2024, this income-producing property is a strong opportunity for investors seeking a turnkey, rent-ready asset with professional management already in place. The home offers a functional layout featuring a spacious living area, updated finishes, and well-sized bedrooms designed for comfortable living. Exterior highlights include a large backyard and ample parking, adding to long-term tenant appeal. Currently tenant-occupied and professionally managed by Mid South Best Rentals, this property provides immediate cash flow and a seamless transition for the new owner. The lease will remain in place, with all tenant rights transferring ?making this a true hassle-free investment opportunity. Drive-by only; do not disturb tenant.

Property Features

Property Type: Residential - Single Family
Cooling: Central
Days on Market: 71
Fireplaces: 1
Heating: Central
Home Style: Traditional
Lot Size: 0.36 Acres
Roof Type: Composition Shingles
Year Built: 1953

Feature Descriptions

Bed and Bath: All Bedrooms Down,1 or More BR Down, Renovated Bathroom
Exterior: Porch
Exterior/ Windows: Brick Veneer
Fireplace: Decorative Only
Floors/ Ceilings: Part Carpet, Textured Ceiling
Living/ Dining Room: Separate Living Room
Lot: Some Trees
Lot Dimensions: 0
Master Bedroom: Level 1
Parking/ Storage: Driveway/Pad
Total Rooms: 6
Water/ Sewer: Public Sewer, Public Water

Listed By / Shown By

Listed By

Agency Name: Crye-Leike, Inc., REALTORS

Shown By

Agency Name: RE/MAX Preferred & Auction
Agent Name: Michael Miller Broker / Principal Auctioneer
Agent Phone: (270) 792-1093

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Estimated Payment

$ 576.38 per month $537.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $39.38 Homeowner's Insurance

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Disclaimer: 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 consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/30/2026. The listing information on this page last changed on 06/30/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Southern Kentucky MLS (last updated Tue 06/30/2026 5:54:57 PM EST) or My State MLS (last updated Tue 06/30/2026 7:30:19 PM EST) or (last updated Tue 06/30/2026 7:32:52 PM EST). Real estate listings held by brokerage firms other than RE/MAX Preferred & Auction may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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