Investorlift

Tennessee, TN

Tennessee, TN

Tennessee, TN

$12,000 · MEMPHIS, TN 38106
Works for flippers · Works for landlords

Available

$12,000Asking price

2 bd · 1 ba · 810 sq ft · built 1912

MEMPHIS, TN 38106

Contract on file

via InvestorLift Classic

2 views · listed Oct 12

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $100,000
Asking price: −$12,000
RepairsMiddle of our estimate, $24,000 – $43,500: −$33,750
Loan, holding, closing20% down, 12% interest, 2 points, 74 days: −$3,786
Profit50.5% of ARV · flippers want 10%+: $50,464
Works

Works for a flipper up to $49,000.

KINGDOM HOMES

Emalee Kauth

No reviews yet

Comps

Sales

Rents

ARV $100,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

KINGDOM HOMES

Emalee Kauth

No reviews yet

Seller Description

Property Details/Condition:

2 Beds, 1 bath, 810 sqft
Occupancy: Vacant
Roof: ~2 years
HVAC: None
Year built: 1912
Other Property Notes:
- Fire damage in back bedroom, smoke damage throughout
- Needs new electrical service
- New PEX plumbing, subfloor, LVT, sheetrock

Comps:

ARV: $100,000

1467 S Montgomery St, Memphis, TN 38106
- 2 Beds, 1 Bath
- 784 sqft
- SOLD FOR $104,800
- SOLD ON 5/13/2026

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ARV $100,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $38,000.

The sales behind this value are shown to members.

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Investorlift
TN
Memphis
38106
MEMPHIS, TN 38106

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