#10195439, Listing Office: KAIZEN Realty, LLC
1662 Ranmar Dr Memphis, TN 38016
Property details
About 1662 Ranmar Dr
Great investment opportunity! This tenant-occupied, cash-flowing 3-bedroom, 2-bath home is currently rented for $1,437 per month, with a lease in place until March 5, 2026. The property is being sold with the tenant in place, making it a seamless addition to your investment portfolio. Showings will be scheduled only after an accepted offer to respect the tenant's privacy, and all photos were taken prior to tenant placement.
Highlights
Summary
- Full Bathrooms: 2
- Flooring Type: Wood Laminate Floors, Tile
- Total Bedroom Count: 3
- Parking: Other (See REMARKS)
- Exterior: Other (See REMARKS)
- Architectural Style: Traditional
- Heating: Central
- Cooling: Central Air
- List Price: $215,000
- Lot: Level
- Directions: Take exit 12C toward Nashville onto I-40 E. Take exit 16 toward Germantown onto TN-177 S Turn left onto Dexter Rd. Turn right onto Dexter Ln. Turn right onto Palm Springs Dr. Turn right onto Ranmar Dr.
- Year Built: 1991
- Stories: 1
- Lot Size: 0.1 Acres
- MLS Number: 10189899
- Office Name: BEST Real Estate Company
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Last updated on: 5/1/2025, 6:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$215,000
1662 Ranmar Dr
$2,553
closing credit¹
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Price information
Property sales
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Nearby schools
5
Chimneyrock Elementary School
Public District PK-5
0.5 mi
•8601 Chimneyrock Blvd
6
Riverwood Elementary School
Public Magnet PK-5
0.7 mi
•1330 Stern Ln
5
Memphis School of Excellence Elementary Cordova
Public Charter KG-5
0.9 mi
•8360 Macon Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $62,286. Residents of Memphis, TN typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
Living in Memphis, TN
Memphis features a comprehensive transport infrastructure that includes a public transit system serving residents and visitors alike. The city's layout and road network facilitate easy commuting by car, with major highways connecting Memphis to surrounding areas. While certain neighborhoods are known for their walkability, the city as a whole is continuously working to improve pedestrian and bike paths to enhance accessibility and encourage eco-friendly modes of transport.
The community benefits from a well-rounded selection of services, including a network of public and private schools that cater to educational needs at all levels. Healthcare facilities are distributed throughout the city, offering a range of services from routine care to specialized treatments. Public libraries serve as valuable resources for residents, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and unique boutiques.
Memphis is celebrated for its vibrant music scene and rich cultural heritage, which are integral to the city's character. The community prides itself on being the home of blues, soul, and rock 'n' roll, with landmarks such as Beale Street and the annual Memphis in May festival highlighting its musical legacy. The city's character is further defined by its friendly residents and a sense of small-town camaraderie amidst its urban setting.
Memphis offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from charming historic bungalows to sleek contemporary new builds. The housing landscape is varied, with a mix of older homes that reflect the city's rich history and newer developments that cater to modern living preferences. While the homeownership rate is robust, there is also a healthy rental market that provides options for those not looking to buy.
About 1662 Ranmar Dr
The listing price of 1662 Ranmar Dr property is $215,000.
The property 1662 Ranmar Dr is a house located in Memphis, Tennessee, 38016.
Active Listing: 1662 Ranmar Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1662 Ranmar Dr are: Chimneyrock Elementary School (GreatSchools Rating 5/10), Riverwood Elementary School (GreatSchools Rating 6/10), Memphis School of Excellence Elementary Cordova (GreatSchools Rating 5/10), Cordova Middle School (GreatSchools Rating 2/10), Kate Bond Middle School (GreatSchools Rating 3/10), Dexter Middle School (GreatSchools Rating 5/10), Cordova High School (GreatSchools Rating 4/10), Bartlett High School (GreatSchools Rating 7/10), Houston High School (GreatSchools Rating 8/10).
The property at 1662 Ranmar Dr has 3 bedrooms and 2 bathrooms.
The year of construction for 1662 Ranmar Dr is 1991.
This home is located at 1662 Ranmar Dr in Memphis, TN and zip code 38016. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 12, 2025 and is currently priced at $215,000.
In March 2025, from all listings sold in Memphis, TN there were more than 46 sold above asking price, over 216 sold below and more than 105 were sold right at the asked price. The inventory of homes for sale in Memphis, TN between February and March 2025 increased by 14.8%.