RENTED FOR $1150 PERMONTH -EXCEEDS the 1% Rule- Really great 3 bedroom, 2 bath property. Long Term Tenant in soaring rental market. Current Market value $132,000, sold as is. Excellent addition to your portfolio, listing based on 1% investment rule. Home was beautifully remodeled and well maintained by long term tenant. Large ½ Acre lot, formal living and dining, fully remodeled kitchen and baths, hardwood floors and tile. Do not miss out on this cash-flowing opportunity!
Sold for $110,000 on 07/15/25
$110,000
2562 Saint Elmo Ave, Memphis, TN 38127
3beds
1,492sqft
Single Family Residence
Built in 1968
0.53 Acres Lot
$108,300 Zestimate®
$74/sqft
$1,307 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 21, 2025 at 08:49am
Listed by:
Brett A Bernard,
The Stamps Real Estate Company
Bought with:
Kimberly Simmons
Tally Real Estate Group, LLC
Source: MAAR,MLS#: 10187602
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Hardwood Floor
- Level: First
- Dimensions: 0 x 0
Bedroom 2
- Features: Hardwood Floor
- Level: First
Bedroom 3
- Features: Hardwood Floor
- Level: First
Dining room
- Features: Separate Dining Room
- Dimensions: 0 x 0
Kitchen
- Features: Updated/Renovated Kitchen, Eat-in Kitchen, Breakfast Bar
Living room
- Features: Separate Living Room
- Dimensions: 0 x 0
Den
- Dimensions: 0 x 0
Heating
- Central
Cooling
- Central Air
Features
- All Bedrooms Down, 1 or More BR Down, Primary Down, Renovated Bathroom, Full Bath Down, Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
- Flooring: Part Hardwood, Wood Laminate Floors, Tile
- Number of fireplaces: 1
Interior area
- Total interior livable area: 1,492 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway/Pad
- Covered spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 1
- Exterior features: Other (See REMARKS)
- Pool features: None
- Fencing: Wood,Wood Fence
Lot
- Size: 0.53 Acres
- Dimensions: 156 x 151
- Features: Some Trees, Level
Details
- Parcel number: 071049 00005
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick Veneer
- Foundation: Slab
Condition
- New construction: No
- Year built: 1968
Community & neighborhood
Location
- Region: Memphis
- Subdivision: Brookmeade Gardens
Other
Other facts
- Listing terms: Conventional,FHA,VA Loan