1357 SALEM ST

Memphis, TN
$ 74,900 Beds 3 Baths 1 Sq 1,000
Monthly Estimate* How much can I afford?

Attention investors! Check out this cash flowing investment opportunity. This property is already occupied and cash flowing for $715/Month with a lease expiring on 5/31/2022. Do not disturb the tenants; no inspections until under contract. Make your offer contingent upon your inspection.

Single Family

  • Price
  • $ 74,900
  • Lot Size
  • 6,098 SqFt
  • Bedrooms
  • 3
  • Sqr Footage
  • 1,000
  • Full Bathrooms
  • 1
  • Year Built
  • 1948
  • Half Bathrooms
  • 0
  • City, Zip
  • Memphis
  • Taxes
  • $ 587
  • County
  • SHELBY
  • Style
  • Area
  • Kingsbury
  • MLS#
  • 10111999
  • Zip
  • 38122
Listing Provided by: CrestCore Realty MphsBrokerage
Data Source: Memphis MLS (MAAR) - 87 - TN

Features

General

Area 752C
Beds 3
City Memphis
Class Residential
Cooling Other (See REMARKS)
Full Baths 1
Heating Other (See REMARKS)
Legal Subdivision Name FAIR OAKS TERRACE
Listing Area Kingsbury
Neighborhood Association None
Pool Y/N None
Service Type Full Service Listing
Status Active
Status Active
Stories 1
Style Other (See Remarks)
Type Detached Single Family
Year Built 1948

Interior Features

Downstairs Bedrooms 3
Floors/ceilings Other (See REMARKS)
Heated SqFt 1000-1199
Living Room Other (See Remarks)
Number of Rooms 5

Exterior Features

Exterior/windows Other (See Remarks)
Lot Description Other (See Remarks)
Lot Size 54X116
Misc. Exterior Other (See REMARKS)
Parking/storage Other (See REMARKS)

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

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Bartlett, TN office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

11/3/2021 Listed $79,900
11/30/2021 7% - $74,900

Property vs Zip Code Average in 38122

Price
AVG $160K
$70K
Taxes
AVG $1,114
$587
Visits
AVG 24
9
Year Built
AVG 1945
1948
Walkscore
AVG 45
31
Data Provided by Walkscore ® not using MLS data

Map

1357 SALEM ST Memphis, TN is a Single Family Home for sale at $74900 with 1000 sqft and a lot size of 6,098 SqFt Acre(s). 1357 SALEM ST Memphis has 3 bedrooms, 1 baths and was built in 1948. The property's zip code is 38122 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site 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.