$25,000

Property | , Memphis, TN 38109

Memphis, TN 38109
AvailableFix and Flip
Property | , Memphis, TN 38109 - Image 1
Available
1 / 4
4Beds
2Baths
1,316Sq Ft
1951Year Built

Why Buy?

ARV

$140,500

Estimated Potential Profit

$40,744

Rehab

$73,000

Assignment fee

$5,000

The Numbers

Asking Price

$25,000

ARV

$140,500

EMD

$1,000

ARV Comps

Comp 1

1855 Kansas St, Memphis, TN 38109

Beds3 BedsBaths2 BathsSquare Feet1,150 sq ftYear BuiltBuilt 1950

Sale Price

$118,000

Date Sold

August 14th 2026

Distance

0.5 miles

Comp 2

267 W Burdock Ave, Memphis, TN 38109

Beds4 BedsBaths2 BathsSquare Feet1,444 sq ftYear BuiltBuilt null

Sale Price

$154,300

Date Sold

February 2nd 2026

Distance

0.8 miles

Comp 3

1519 Hanauer St, Memphis, TN 38109

Beds3 BedsBaths2 BathsSquare Feet1,302 sq ftYear BuiltBuilt null

Sale Price

$138,800

Date Sold

March 9th 2026

Distance

0.8 miles

Disclosure: The sale is contingent on court approval.

Disclosure: Seller disclosed an EPA summons on the property, with a May 2027 court date.

Deposit: $1,000 to Saddle Creek Title, LLC within 24 to 48 hours of signing an assignment.

Map

Subject Property | Buy Box CartelSubject PropertyComparable Property | Buy Box CartelComps

Deal summary

Fix & Flip SFH in Memphis, TN 38109 – $25,000

4 bed · 2 bath · 1316 sqft · built 1951 · Shelby County

Disclosure: The sale is contingent on court approval. • Disclosure: Seller disclosed an EPA summons on the property, with a May 2027 court date. • Deposit: $1,000 to Saddle Creek Title, LLC within 24 to 48 hours of signing an assignment. • Escrow: Saddle Creek Title, LLC. Close on or before November 18, 2026. Vacant; entry is a boarded front door, no lockbox.

ARV $140,500 · est. rehab $73,000