Action Realty McNairy
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$154,900

2293 Hometown

Memphis, TN 38133
2Beds
1.1Baths
1986Year Built

About this property

This property is leased at $1,300 per month ($15,600 annually) through 06/18/2027, with a cash-on-cash return of 3.28% and a monthly cash flow of $123.49." Turnkey investment opportunity with strong appeal and long-term durability. This fully renovated property features a new 30-year architectural roof, all-new HVAC system with a 3-ton Carrier unit, and durable LVP/tile flooring throughout—minimizing future capital expenses. Interior upgrades include refreshed kitchen with new countertops, sink, and cabinetry updates, plus renovated bathrooms with updated fixtures and electrical safety improvements. Additional enhancements such as a new water heater, smart locks, fresh paint, updated lighting, and improved windows support tenant retention and operational efficiency. A low-maintenance asset ideal for immediate cash flow or portfolio expansion. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE Owner/Agent

Property details

MLS #
10223044
Type
Residential
County
Shelby
Listed
2026-06-03
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 17, 2026 11:30 PM.