Michelle Smith
Sells Houses
REALTOR®, Affiliated Broker, SNP, SRS,PSA,ABR
BEDS4
BATHS1 full 1 partial
MLS#10213688
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONINDIAN HILLS
NEIGHBORHOODMitchell-Westwood
Property Description
ATTENTION INVESTORS! Welcome to 556 Melton Avenue! A stong investment opportunity generating an estimated monthly cash flow of $257.82 with a projected 8.59% cash-on-cash return. Ta spacious 4-bedroom, 1.5-bath home offering comfort and functionality. The property features hardwood and tile flooring throughout, central heat and air with climate control, and window coverings. The kitchen includes a vent hood with space for appliances, and the home also offers a fenced yard for outdoor enjoyment. Don't miss out! Financials available upon request. TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Leased through 7/31/2026 at $1,275/month.
Property Features
Property Type: Residential - Single Family
Cooling: Central
Heating: Central
Home Style: Traditional
Lot Size: 0.16 Acres
Year Built: 1968
Feature Descriptions
Bed and Bath: All Bedrooms Down
Days on Site: 120
Exterior: Porch
Floors/ Ceilings: Hardwood Throughout
Living/ Dining Room: Separate Living Room, Separate Dining Room
Lot: Level
Parking/ Storage: Driveway/Pad
Total Rooms: 7
Listed By / Shown By
Listed By
Agency Name: Foundation Property Management
Shown By
Agent Name: Michelle Smith
Agent Phone: (901) 570-0141
Agency Title: Crye-Leike Real Estate Services
Source: MAAR MLS
Estimate Your Payment
Estimated Payment
$ 297.03 per month $262.62 Principal & Interest $0.00 Property Tax (data not provided by mls) $34.42 Homeowner's InsuranceChange Payment Information
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556 Melton Ave | MLS# 10213688
This single family home located at 556 Melton Ave, Memphis, TN 38109 is currently listed for sale with an asking price of $118,000. This property was built in 1968 and has 4 bedrooms and 1 full and 1 partial baths. Melton Ave is located in the INDIAN HILLS subdivision. Search INDIAN HILLS real estate on michellesmith.crye-leike.com today.