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3 Beds
1 Bath
959 sqft

$119,900

821 CAROL ANN CV, Memphis TN, 38127

Price per sqft$125.03
Built in1972
Property size959 sqft
Property typeResidential

Overview

Active

Listed Sep 19, 2026

Updated 2 weeks ago

call 9018319661 to view Cash-flowing investment property with a tenant already in place at $995/month on a lease through 3/31/2028 — no vacancy, no turnover costs, income from day one. Fully renovated in 2026 with all the big-ticket items already handled: Roof — less than one year old HVAC — brand new Water heater — brand new This is the kind of property that lets an investor skip the capex headaches for years. The major systems are done, the tenant is secured, and the lease runs well into 2028. Part of a 6-Property Portfolio The seller is divesting his entire Memphis portfolio. 821 Carol Ann can be purchased individually or bundled with the rest of the package: 3133/5 Nathan Ave — 38112 1624 Mary Dr — 38111 4498 Suncrest — 38127 821 Carol Ann — 38127 2933 N Radford — 38114 3239 Nathan Ave — 38112 Ideal for an investor looking to scale quickly with stabilized, renovated assets across established Memphis rental submarkets. Buy one, buy several, or take the whole package.

$798/mo

Est. mortgage payment based on a $119,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
10230767

Interior Features

Bedrooms
3
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.16 Acres

Other Property Details

Association Fee Frequency
Yearly
MLS provider logo

Listed by Abdullah Abunasrah with eXp Realty, LLC
Listing Contact: 901-831-9661 

The IDX display contains information sourced from the Memphis Area Association of REALTORS® as of 10/3/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered. Some or all of the listings displayed may not belong to the firm whose website is being visited. Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. 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 consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.

©2026 Memphis Area Association of REALTORS® all rights reserved.

Data last updated on 10/3/2026 at 4:35 AM UTC

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