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Property view

115 E DEMPSTER AVE, 
Memphis, TN 38109

$49,500


4

Beds


1

Bath


-

Sq Ft


Single Family

Active

Listed by

Jen Carstensen

Real Estate Agency

901-625-5200

Last updated:

June 15, 2025, 10:43 AM

MLS#

10198883

Source:

TN MAAR

About This Home

115 E DEMPSTER AVE

4-bedroom, 1-bath investment property priced at just $49,500. With an estimated $27,000 in repairs, this home is ideal for investors seeking a solid value-add project with strong cash flow potential. Key Highlights: Located in Memphis’ 38109 ZIP — a high-demand rental area minutes from Downtown, Surrounded by active investor activity and long-term community growth, Section 8 rental comps in the area average $1,400/month, with consistent demand for 4-bedroom units. This property offers a chance to build equity and generate reliable rental income in a growing submarket. Perfect for a buy-and-hold investor or someone looking to build a small rental portfolio. Being sold as-is.

Home Facts

Single Family

1 Bath

4 Bedrooms

Built in 1936

Price Summary

49,500

MLS #:

10198883

Last Updated:

June 15, 2025, 10:43 AM

Added:

12 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1


Structure

Structure

Architectural Style:

Traditional

Year Built:

1936


Lot

Lot Size (Sq. Ft):

7,405


Finances & Disclosures

Finances

Price:

$49,500

Source:TN MAAR
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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.