Memphis Fix and Flip. Hot Property in 38117

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Memphis Fix and Flip. Hot Property in 38117

Investor · San Francisco, CA · Member since 2013 · 147 posts · 97 votes
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Contract for Sale for:

1397 S. White Station Rd. , Memphis, TN 38117

Purchase Price: 84.9k

3 bedrooms 1.5 baths

1548 Sqft

Built 1954

In a highly desired area for a retail buyer, this 3/1.5 1548 sqft single story brick house with 1-car garage will be an east flip. Property in VERY good condition, has newer roof, newer furnace, hardwood floors and needs only minor updates to attract a retail buyer. This one will move FAST. There are a lot of of activity in the area including multiple comparable sales in the 130-150k range. Private Money Loan may be available for a strong buyer. Property is still occupied by the owner. Please do not disturb. Photos Link (76)

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After Repair Value: 130-135k
Recent Comparable Sales:

- 5038 Whitewater Cv, Memphis, TN 38117 3 beds 1.5 baths 1,185 sqft $135,000 Sold on 10/19/15

- 1446 Wheaton St, Memphis, TN 38117 3 beds 2 baths 1,541 sqft $149,000 Sold on 11/13/15

- 1429 Walton Rd, Memphis, TN 38117 3 beds 1.5 baths 1,453 sqft $138,000 Sold on 06/10/15

- 5258 Dorset Dr, Memphis, TN 38117 3 beds 2 baths 1,686 sqft $137,900 Sold on 11/23/15

- 1409 Wheaton St, Memphis, TN 38117 3 beds 2 baths 1,569 sqft $133,000 Sold on 09/30/15

- 1462 Wheaton St, Memphis, TN 38117 3 beds 2 baths 1,595 sqft $132,000 Sold on 09/23/15

- 1422 Wheaton St, Memphis, TN 38117 3 beds 2 baths 1,617 sqft $142,000 Sold on 09/18/15


Access: Please call (901) 602-7874 or email to [email protected]

*This property is shown pending on the MLS because we have it under contract.

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*All properties Subject to errors, omissions, deletions, additions, cancellation. All properties sold as is, where is with absolutely no representations written or oral. Buyer is to do their own independent due diligence. Property will not be considered under contract until signed contract and deposit received with all contingencies removed. Sales price is net to seller.

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