Action Realty McNairy
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$119,000

433 Dixie

Memphis, TN 38109
2Beds
1Baths
800-999Sq Ft
1963Year Built

About this property

This property is leased at $900 per month through 02/25/2028, with a cash-on-cash return of 5.81% and a monthly cash flow of $175.52. Fully renovated rental opportunity designed for long-term durability and low maintenance. Major upgrades include a new roof with 30-year architectural shingles, updated HVAC system with new condenser, luxury vinyl plank flooring throughout, and a fully refreshed kitchen with new countertops and cabinet finishes. Additional improvements feature updated electrical components, modern lighting, renovated bathroom fixtures, and fresh interior/exterior paint. Exterior enhancements and landscaping cleanup complete this turnkey asset, ready for immediate income potential. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE Owner/Agent

Property details

MLS #
10203698
Type
Residential
County
Shelby
Listed
2025-08-15
Map
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Listing courtesy of Foundation Property Management · 901-633-1484 · © 2026 Memphis Area Association of REALTORS®

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Copyright© 2026 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.

Listing data last updated Jun 10, 2026 8:30 AM.