Seller Financing
Address
1864 Macaulay Ave, Memphis, TN
Price
$ 155,000
Property Attributes
- MLS#10225239
- TypeSingle Family
- Listing Status Active
- CountySHELBY
- CityMemphis
- AreaFrayser - North
- NeighborhoodGEORGIAN HILLS BLK E
- Zip38127
- StyleTraditional
- Year Built1957
- Taxes$ 1281
- Price$ 155,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1467
- Lot Size0.27 Acres
Data Source:
Memphis MLS (MAAR)
Property Description
ATTENTION INVESTORS! Tenant occupied property that would make an excellent addition to your rental portfolio. This 4 bedroom, 2 bathroom brick home is rented for $1,525/month to a Section 8 tenant with a lease secured until June 30, 2027. Tenant moved in July 1, 2025 and just renewed their lease for another 12 months. Roof, AC Condenser, Furnace replaced July 2020. Water heater replaced September 2022. Home was refreshed in 2025 and features new carpet, fresh paint, a spacious living room and bonus room that can serve as a 4th bedroom, covered parking and a spacious fenced-in backyard. Priced to sell near the desired 1% Rule. Seller is also selling 3962 Sloan St and 2919 Bede Rd (you can buy them individually or in bulk). Please do not disturb the tenant. Tenant ledger, lease and maintenance report are available upon request. No wholesalers, assignments or creative or owner financing.
| Price History | |
|---|---|
| 7/2/2026 | Listed $155,000 |
General Features
| Heating | Central |
|---|---|
| Cooling | Central |
| Status | Active |
| Full Baths | 2 |
| Legal Subdivision Name | GEORGIAN HILLS BLK E |
| Style | Traditional |
| Stories Count | 1 |
| County | Shelby |
| Class | Residential |
| Type | Detached Single Family |
| Condo | No |
| Area | 725C |
| Parcel Number | 071005 00021 |
| Status | Active |
| Annual City Tax | 627 |
| Annual County Tax | 654 |
| Sale/Rent | For Sale |
| Area | Frayser - North |
| Service Type | Full Service Listing |
| Neighborhood Association | None |
| Year Built | 1957 |
| Directions | Get on I-240 E. Take exit 3 to merge onto N Watkins St. Merge onto N Watkins St. Turn right onto St Elmo Ave. Turn left onto Argonne St. Turn left onto Macaulay Ave. |
| City | Memphis |
| DOM | 71 |
Interior Features
| Dining Room | 10x10 |
|---|---|
| Living Room | Eat-In Kitchen |
| Living Room Dimensions | 10x10 |
| Beds | 3 |
| Total Baths | 2 |
| Number of Rooms | 7 |
| Downstairs Bedrooms | 3 |
| FLOORS/CEILINGS | Part Carpet |
Exterior Features
| Pool | None |
|---|---|
| Lot | 54 |
| Lot Size Area | 0.27 |
| Lot Size | 80X150 |
| Parking Display | N1 |
| Lot Description | Level |
| # Covered Parking Spaces | 1 |
| PARKING/STORAGE | Driveway/Pad |
| EXTERIOR/WINDOWS | Other (See Remarks) |
| Misc. Exterior | Patio |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 38127
Price
Taxes
Year Built
Visits
Copyright © 2026 Memphis Area Association of REALTORS®. The 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 that the consumer may be interested in purchasing. Information deemed reliable, but not guaranteed. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
MLS United® - All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for 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.
North Central West Virginia Real Estate Information; All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
