BEDS3
BATHS1 full 1 partial
MLS#10220379
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONALTA VISTA (NORTH) 4TH ADD
NEIGHBORHOODFrayser-Whitney
Property Description
ATTENTION INVESTORS!! 3166 Mensi St is a fully renovated turnkey 3BR/1.5BA, 1,589 SF investment property designed for strong, stable cash flow. With a target rent of $1,395/month and a 6.25% cash-on-cash return, this asset delivers immediate income potential with minimal maintenance concerns. Lease in place through June 14, 2027, providing long-term stability. Major improvements include a NEW architectural roof (<1 year old), NEW HVAC system (condenser and furnace), full interior and exterior renovation with fresh paint, trim, doors, and lighting, a completely updated kitchen with new cabinets, countertops, sink, and fixtures, and fully renovated bathrooms featuring new tile, vanities, tubs, and toilets. Additional upgrades include new flooring throughout (tile/LVP), a new 40-gallon water heater, select new windows, and smart lock entry for added durability and efficiency. No wholesalers, assignments, or creative financing! Owner/Agent
Property Features
Property Type: Residential - Single Family
Cooling: Central
Fireplaces: 1
Heating: Central
Home Style: Traditional
Lot Size: 0.34 Acres
Year Built: 1956
Feature Descriptions
Bed and Bath: All Bedrooms Down, Vinyl/Luxury Vinyl Floor
Days on Site: 1
Exterior: Patio
Exterior/ Windows: Brick Veneer
Floors/ Ceilings: Vinyl/Luxury Vinyl Floor
Living/ Dining Room: Separate Living Room, Separate Dining Room, Washer/Dryer Connections, Vinyl/Luxury Vinyl Floor
Lot: Level
Parking/ Storage: Driveway/Pad
Total Rooms: 7
Listed By / Shown By
Listed By
Agency Name: Foundation Property Management
Shown By
Agent Name: Kathryn Garland
Agent Phone: (901) 644-8751
Agency Title: Crye-Leike Real Estate Services
Source: MAAR MLS
Estimate Your Payment
Estimated Payment
$ 389.92 per month $344.74 Principal & Interest $0.00 Property Tax (data not provided by mls) $45.18 Homeowner's InsuranceChange Payment Information
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3166 Mensi Rd | MLS# 10220379
This single family home located at 3166 Mensi Rd, Memphis, TN 38127 is currently listed for sale with an asking price of $154,900. This property was built in 1956 and has 3 bedrooms and 1 full and 1 partial baths. Mensi Rd is located in the ALTA VISTA (NORTH) 4TH ADD subdivision. Search ALTA VISTA (NORTH) 4TH ADD real estate on www.kathryngarland.com today.