Action Realty McNairy
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$210,000

803 Marechalneil

Memphis, TN 38114
4Beds
2Baths
2025Year Built

About this property

This property is leased at $1,800 per month ($21,600 annually) through 04/19/2027, with a cash-on-cash return of 6.27% and a monthly cash flow of $308.46. "All investment figures are estimates and verified independently by buyer." Turnkey investment opportunity with strong rental potential. This well-maintained home features recent updates including refreshed interior finishes, updated flooring, and modernized kitchen and bath elements that enhance both appeal and functionality. The property shows solid overall condition with only light cosmetic improvements needed, making it ideal for investors seeking immediate or near-term returns. Spacious layout, ample natural light, and a practical floor plan add to its long-term desirability and tenant appeal. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

Property details

MLS #
10221332
Type
Residential
County
Shelby
Listed
2026-05-12
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.