$1,543

closing credit¹

5246 Lochinvar Dr Memphis, TN 38116

$129,900
3 beds
1 full
0.3 acres
House

Property details

About 5246 Lochinvar Dr

Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38116 area. Cash flowing with a monthly rental amount of $1,095/month. Currently on month to month. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

Highlights

Home typeSingle Family Residence
HeatingOther
StatusActive
CoolingOther
Lot size0.35 Acres
Year built1955
ParkingOther (See REMARKS)
MLS #10178261
WaterfrontOther

Summary

  • MLS Number: 10178261
  • Office Name: CrestCore Realty MphsBrokerage

Copyright© 2025 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 is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 5:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$129,900

5246 Lochinvar Dr

$1,543

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

4

Oakshire Elementary School

Public District PK-5

0.2 mi

1765 E Holmes Rd

3

Holmes Road Elementary School

Public District PK-5

1.2 mi

1083 E Holmes Rd

5

Whitehaven Elementary STEM

Public Magnet PK-5

1.3 mi

4783 Elvis Presley Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $42,500. Most Memphis, TN residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

43%
<35k
53%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

38%
Single, No Kids
27%
Single, with Kids
17%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
13%
12-17 yrs old
23%
18-34 yrs old
42%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • NHRA Drag RacingNHRA Drag Racing
  • Horse RacesHorse Races

Where do the neighbors shop?

  • BurlingtonBurlington
  • Big LotsBig Lots
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Golden CorralGolden Corral
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Adult StandardsAdult Standards
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5246 Lochinvar Dr

This home is located at 5246 Lochinvar Dr in Memphis, TN and zip code 38116 in the Whitehaven neighborhood. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 1, 2024 and is currently priced at $129,900.

Memphis, TN housing market in January 2025 saw over 33 listings sold above listed price, more than 72 sold at listed price and over 166 sold below. The number of homes for sale in Memphis, TN increased by 11.7% between December and January 2025.

From Rocket Homes Real Estate and based on county public records data.

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