Susan East
Join Sign In

556 Melton Ave, Memphis, TN 38109

$118,000
  • 556 Melton Ave, Memphis, TN 38109 Main Photo

11 Total Photos [Click to View All]

Active
BEDS4 BATHS1 full 1 partial MLS#10213688
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONINDIAN HILLS NEIGHBORHOODMitchell-Westwood

Property Description

ATTENTION INVESTORS! Welcome to 556 Melton Avenue! A stong investment opportunity generating an estimated monthly cash flow of $257.82 with a projected 8.59% cash-on-cash return. Ta spacious 4-bedroom, 1.5-bath home offering comfort and functionality. The property features hardwood and tile flooring throughout, central heat and air with climate control, and window coverings. The kitchen includes a vent hood with space for appliances, and the home also offers a fenced yard for outdoor enjoyment. Don't miss out! Financials available upon request. TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Leased through 7/31/2026 at $1,275/month.

556 Melton Ave | MLS# 10213688

This single family home located at 556 Melton Ave, Memphis, TN 38109 is currently listed for sale with an asking price of $118,000. This property was built in 1968 and has 4 bedrooms and 1 full and 1 partial baths. Melton Ave is located in the INDIAN HILLS subdivision. Search INDIAN HILLS real estate on susaneast.crye-leike.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central
Heating: Central
Home Style: Traditional
Lot Size: 0.16 Acres
Year Built: 1968

Feature Descriptions

Bed and Bath: All Bedrooms Down
Days on Site: 116
Exterior: Porch
Floors/ Ceilings: Hardwood Throughout
Living/ Dining Room: Separate Dining Room, Separate Living Room
Lot: Level
Parking/ Storage: Driveway/Pad
Total Rooms: 7

Listed By / Shown By

Listed By

Agency Name: Foundation Property Management

Shown By

Agent Name: Susan East
Agent Phone: (901) 482-0018
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: MAAR MLS

Estimate Your Payment

Estimated Payment

$ 297.03 per month $262.62 Principal & Interest $0.00 Property Tax (data not provided by mls) $34.42 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel