Fernando Fernandez
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981 FLOYD AVE, Memphis, TN 38127

Sold: $63,000
Sold on: Jul 1st, 2026
Sold: $63,000
Sold on: Jul 1st, 2026
BEDS2 BATHS1 full MLS#10209663
STATUSClosed REPRESENTEDBoth PROPERTY TYPEResidential - Single Family


Property Description

Excellent investment opportunity! This well-maintained 2-bedroom, 1-bath home is currently tenant-occupied and generating $795/month in rental income, offering immediate cash flow for a new owner. The functional layout features easy-care tile flooring, a bright living area, and an efficient kitchen. Outside, the property includes a large, level yard. HVAC brand new-- August 2025. Conveniently located near shopping, schools, and major thoroughfares, this property is a smart addition to any investment portfolio. Do not disturb tenant. Showings available with accepted offer.

Property Features

Cooling: Central
Days on Market: 229
Heating: Central
Lot Size: 0.32 Acres
Roof Type: Composition Shingles
Year Built: 1952

Feature Descriptions

Additional Rooms: Laundry Closet
Bed and Bath: All Bedrooms Down
Exterior: Patio
Exterior/ Windows: Wood/Composition
Floors/ Ceilings: Vinyl/Luxury Vinyl Floor
Living/ Dining Room: Separate Den, Separate Dining Room
Lot: Level
Master Bedroom: Level 1
Parking/ Storage: Driveway/Pad
Total Rooms: 5
Water/ Sewer: Public Sewer, Public Water

Room Sizes

Primary Bedroom: 12x11
Bedroom 2: 11x10
Dining Area: 0
Den/ Great Room: 15x10
Kitchen: 9x9
Living room: 0

Listed By / Sold By

agent picture

Listed By

Agency Name: Crye-Leike, Inc., REALTORS

Shown By

Agent Name: Fernando Fernandez
Agent Phone: (901) 240-4675

Sold By

Agency Name: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Agent Name: Anna Bishop

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