Address
433 Dixie Rd, Memphis, TN
Price
$ 119,000
Property Attributes
  • MLS#10203698
  • TypeSingle Family
  • Listing Status Active
  • CountySHELBY
  • CityMemphis
  • AreaMitchell-Westwood
  • NeighborhoodALTA HEIGHTS
  • Zip38109
  • StyleTraditional
  • Year Built1963
  • Taxes$ 528
  • Price$ 119,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage920
  • Lot Size0.21 Acres
Data Source:
Memphis MLS (MAAR)
Property Description

TURNKEY INVESTMENT OPPORTUNITY! This tenant-occupied 2-bedroom, 1-bath home is currently rented for $900/month through 02/25/2028, providing immediate rental income with an established tenant already in place. The home offers a functional floor plan and convenient parking, making it a solid addition to an investment portfolio. Whether you’re an experienced investor looking to grow your portfolio or purchasing your first rental property, this income-producing home offers an attractive opportunity at an affordable price point. Please do not disturb the tenant. No showings without an accepted offer. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE Owner/Agent

Price History
8/15/2025 Listed $537,000
9/2/2025 78$119,000
9/11/2025 14$103,000

General Features

Heating Central
Cooling Central
Status Active
Full Baths 1
Legal Subdivision Name ALTA HEIGHTS 1ST
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 762A
Parcel Number 075016 00009
Status Active
Annual City Tax 256
Annual County Tax 272
Sale/Rent For Sale
Area Mitchell/Westwood
Service Type Full Service Listing
Neighborhood Association None
Year Built 1963
Directions From W Brooks Rd,go North on Alta Rd,turn left onto Dixie Rd; property on left.
City Memphis
DOM 388

Interior Features

Living Room Other (See Remarks),Washer/Dryer Connections
Beds 2
Total Baths 1
Number of Rooms 5
Heated SqFt 800-999
Downstairs Bedrooms 2
FLOORS/CEILINGS Marble/Terrazzo,Other (See REMARKS),Vinyl/Luxury Vinyl Floor

Exterior Features

Pool None
Lot 1
Lot Size Area 0.21
Lot Size 67X201
Parking Display No
Lot Description Level
PARKING/STORAGE Driveway/Pad,Other (See REMARKS)
EXTERIOR/WINDOWS Other (See Remarks),Vinyl Siding,Wood Window(s)
Misc. Exterior Porch,Other (See REMARKS)

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 38109

Price
AVG $110K
$120K
Taxes
AVG $1,201
$528
Year Built
AVG 1962
1963
Visits
AVG 82
230
Data Provided by Inside Real Estate®