575 E DISON AVE, Memphis, TN 38106
LONGVIEW HEIGHTS 5TH ADDITION · Shelby County
Key Facts
Description
Rare investment opportunity in Memphis! This spacious 5-bedroom, 1-bath brick home is a cash-flowing rental property with a long-term tenant currently paying $1,650/month. Ideal for investors looking to add a stabilized income-producing asset to their portfolio. Features include hardwood flooring, updated interior paint, large living spaces, separate dining area, generous natural light, and a functional kitchen layout. The property offers strong rental appeal with its size and layout, making it attractive for continued long-term occupancy. Conveniently located near major roads, Downtown Memphis, shopping, schools, and employment areas. Do not disturb tenant. Property is being marketed as an investment property only. Immediate income from day one.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Traditional
Year Built
1955
Stories
1
Living Area
2,040 sq ft
Lot Size
0.17 acres
Days on Market
11
MLS® Listing#
10224447
Property Features
Interior
Exterior
Cooling
Heating
Flooring
Pool
Parking
Lot Features
Construction
Other Structures
Financial Details
Annual Taxes
$1,317
Parcel Number
049036 00002
Directions
From I-240 take Exit 24 toward Lamar Ave. Turn north on Mississippi Blvd, then east on E Dison Ave. Property located on the left at 575 E Dison Ave.
Affordability Calculator
$25,880
Estimated monthly payment
$689/mo
Principal $103,520 · Est. interest $144,420 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Memphis, TN
- 74
- Median Days on Market
- 1,436
- Median Sq Ft
- $125
- Median Price / Sq Ft
- 2,878
- Active Listings
- Its price per sq ft is 49% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Memphis, TN.
Location
Points of Interest in Memphis, TN
Showing the Memphis area map.
Nearby Schools
Lincoln Elementary School
Elementary · 0.3 mi away
Aihc School of Biblical Studies
School · 0.4 mi away
South Side Middle
School · 0.4 mi away
Alton Elementary
Elementary · 0.6 mi away
Circles of Success Learning Academy
School · 0.8 mi away
A. B. Hill Elementary
Elementary · 0.8 mi away
Memphis Delta Preparatory
Elementary · 1.1 mi away
Southwest Success Academy
School · 1.1 mi away
St Augustine Catholic School
School · 1.2 mi away
Soulsville Charter School
Secondary · 1.3 mi away
Hollis F. Price Middle College
Secondary School · 1.3 mi away
Ida B Wells Academy
School · 1.4 mi away
G. W. Carver College & Career Academy
Secondary School · 1.4 mi away
Florida Kansas Elementary School
Elementary · 1.4 mi away
Hamilton Middle School
Elementary · 1.5 mi away
Hamilton High School
Secondary · 1.5 mi away
Cummings Elementary School
Elementary · 1.5 mi away
Hamilton Elementary
Elementary · 1.6 mi away
Riverview K-8 School
Elementary · 1.6 mi away
Larose Elementary School
Elementary · 1.6 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 54 W FRANK AVE, Memphis, TN | $91,000 | 3 | — | 1,211 |
| 1688 HAYWOOD AVE, Memphis, TN | $91,000 | 3 | — | 1,277 |
| 3246 CHISCA AVE, Memphis, TN | $91,400 | 3 | — | 1,162 |
| 4597 WINDWARD DR, Memphis, TN | $92,500 | 3 | — | 1,180 |
| 1941 E MCLEMORE AVE, Memphis, TN | $92,500 | 3 | — | 1,272 |
| 3532 KALLAHER AVE, Memphis, TN | $92,900 | 3 | — | 1,436 |
Moving Cost Estimate
EXIT Agents in Memphis
Listing Courtesy: BEST Real Estate Company - 901-407-2177