155 Merton

About this property

Turnkey duplex investment in Memphis! Both units were completely renovated before the current tenants moved in, and both are occupied by long-term Section 8 tenants with dependable, government-backed rent. Current rents are $997 and $1,238, for $2,235/month or $26,820/year gross. Nothing to fix and no vacancy to fill, so you collect rent from day one. It’s a great fit for investors who want a hands-off addition to their portfolio. No showings without an accepted offer. Cash or conventional financing only. No seller financing or creative financing.