583 N FIFTH ST

$115,000
583 N FIFTH ST, Memphis, TN 38105
583 N FIFTH ST

583 N FIFTH ST

$115,000

Investors, this updated professionally managed 4BD/1.5BA home is generating $995/month on a month-to-month lease -- immediate income with full flexibility to renew or renegotiate on your timeline. Key updates already in place: central air & heat, updated bathrooms, LVP flooring, and a new stove. Less deferred maintenance, more attractive to quality tenants. Situated on a 0.24-acre lot minutes from Downtown Memphis, St. Jude, the Medical District, and the Uptown corridor -- one of Memphis's most active reinvestment areas. Easy access to I-40 and I-240. Do not disturb tenant. Showings by appointment with accepted offer and proof of funds. Photos reflect pre-tenancy condition. Property is currently tenant-occupied.
Aaron Ivey
Aaron Ivey Contact
Alyssa Ivey
Alyssa Ivey Contact

Features & Amenities

Interior

Total Bedrooms 4
Total Bathrooms 2
Full Bathrooms 1
Half Bathrooms 1
Other Interior Features Vinyl/Luxury Vinyl Floor, Separate Dining Room, Separate Living Room, All Bedrooms Down, Full Bath Down, Half Bath Down

Exterior

Stories 1
POOL None
Lot Features Level
Parking Street Parking Only
Heat type Central
Air Conditioning Central
Substructure Slab
Other Exterior Features Sidewalks

Area & Lot

Status Sold
Date Sold July 28, 2026
LIVING SPACE 1,247 Sq.Ft.
LOT SIZE 10,018.8 Sq.Ft.
MLS® ID 10224245
Type Residential
Year Built 1996
Neighborhood Memphis
Architecture Styles Traditional
School District AutoFill (MAARdata) or Public Records (Cnty Assessor Site)

Financial

SALES PRICE $115,000
REAL ESTATE TAXES $719/yr
Memphis

Memphis

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