Property Attributes
- MLS#10218482
- TypeSingle Family
- Listing Status Active
- CountySHELBY
- CityUnincorporated
- AreaNorthaven
- NeighborhoodCEDARWOOD SEC A
- Zip38127
- StyleTraditional
- Year Built1973
- Taxes$ 550
- Price$ 129,900
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms1
- Sqr Footage1187
- Lot Size0.18 Acres
Data Source:
Memphis MLS (MAAR)
Property Description
Turnkey investment opportunity with immediate cash flow! This tenant-occupied property generates $1,350/month, with a tenant in place since October 2025, providing stable income and reduced vacancy risk. Located in an unincorporated area with low county taxes, helping maximize investor returns. Ideal for both new and seasoned investors, with potential eligibility for various financing options, including no-ratio loan programs for qualified buyers (contact agent for details). Property includes a 1-year home warranty through America’s Preferred Home Warranty—choose your own contractor. Tenant occupied—do not disturb. Interior inspection to be completed during due diligence after accepted contract. Call or text listing agent for more information. **SPECIAL FHA FINANCING AVAILABLE THROUGH DATI MORTGAGE LLC!** Self-employed buyers may have options to qualify using a **self-prepared Profit & Loss (P&L) or VOE**, subject to applicable FHA guidelines, lender underwriting, and borrower credit
| Price History | |
|---|---|
| 4/4/2026 | Listed $134,900 |
| 5/20/2026 | 4$129,900 |
General Features
| Heating | Central |
|---|---|
| Cooling | Central |
| Status | Active |
| Full Baths | 1 |
| Half Baths | 1 |
| Legal Subdivision Name | CEDARWOOD SEC A |
| Style | Traditional |
| Stories Count | 1 |
| County | Shelby |
| Class | Residential |
| Type | Detached Single Family |
| Condo | No |
| Area | 722A |
| Parcel Number | D0134 Q00008 |
| Status | Active |
| Annual County Tax | 550 |
| Sale/Rent | For Sale |
| Area | Northaven |
| Service Type | Full Service Listing |
| Neighborhood Association | None |
| Year Built | 1973 |
| Directions | From Downtown Memphis,take I-40 W toward Nashville. Exit at Watkins St (Exit 2A) and turn right onto Watkins St. Continue north,then turn left onto Thomas St. Turn right onto Chesterton Dr. The prope |
| City | Unincorporated |
| DOM | 167 |
Interior Features
| Living Room | Separate Living Room |
|---|---|
| Beds | 3 |
| Total Baths | 1.1 |
| Number of Rooms | 6 |
| Downstairs Bedrooms | 3 |
| FLOORS/CEILINGS | Hardwood Throughout |
Exterior Features
| Pool | None |
|---|---|
| Lot | 8 |
| Lot Size Area | 0.18 |
| Lot Size | 60X137 |
| Parking Display | C1A |
| Lot Description | Level |
| # Covered Parking Spaces | 1 |
| PARKING/STORAGE | Driveway/Pad |
| EXTERIOR/WINDOWS | Brick Veneer |
| Misc. Exterior | Wrought Iron Security Drs |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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