Action Realty McNairy
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$205,900

7083 Gleneagles

Memphis, TN 38141
3Beds
2Baths
1988Year Built

About this property

This property is leased at $1,550 per month through 06/11/2027, with a cash-on-cash return of 4.23% and a monthly cash flow of $204.40. Well-maintained 3BR investment property with solid updates focused on durability and long-term performance. Major improvements include updated HVAC system, newer roof, and upgraded flooring throughout, reducing near-term capital expenses. Interior enhancements feature fresh paint, updated lighting, and improved kitchen and bath components for added tenant appeal. Exterior has been refreshed with repairs and landscaping for clean curb appeal. Functional layout with low-maintenance finishes, making this a strong option for consistent rental income and long-term hold. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE Owner/Agent

Property details

MLS #
10220375
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 9:30 AM.