Action Realty McNairy
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$158,000

3108 Mensi

Memphis, TN 38127
3Beds
2Baths
1950Year Built

About this property

This property is leased at $1,395 per month through 4/28/2027, with a cash-on-cash return of 5.82% and a monthly cash flow of $223.26. Fully renovated with a focus on durability and long-term performance, this property offers strong rental appeal with major system upgrades and modern finishes. Key improvements include a new 30-year architectural roof, brand-new HVAC system with condenser and furnace, and updated kitchen featuring new cabinets, countertops, and fixtures. Bathrooms have been fully renovated with new tile, vanities, and fixtures. Additional enhancements include new LVP and tile flooring, fresh interior and exterior paint, updated lighting, and a new water heater, creating a clean, low-maintenance, turnkey asset. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE Owner/Agent

Property details

MLS #
10220371
Type
Residential
County
Shelby
Listed
2026-04-28
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.