#10189902, Listing Office: REMAX Experts
862 S Lauderdale St S Memphis, TN 38126
Property details
About 862 S Lauderdale St S
Investor Special! This cash cow is tenant occupied with rent at $1200 a month. The home has fully renovated with new tile floors, new paint, fully updated bathrooms/ kitchen, new roof and plumbing! Add this asset with over a 13% cap rate to your portfolio today!
Highlights
Summary
- MLS Number: 10168024
- Office Name: Tiger Realty
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Last updated on: 3/6/2025, 1:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$99,500
862 S Lauderdale St S
$1,182
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
3
A. B. Hill Elementary School
Public District PK-5
1.0 mi
•345 E Olive Ave
3
Memphis Delta Preparatory
Public Charter KG-5
1.0 mi
•1237 College St
5
Circles of Success Learning Academy
Public Charter KG-5
1.2 mi
•867 S Parkway E
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 $25,116. Residents of Memphis, TN typically earn less than $<35k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 862 S Lauderdale St S
This home is located at 862 S Lauderdale St S in Memphis, TN and zip code 38126 in the South Memphis neighborhood. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 16, 2024 and is currently priced at $99,500.
While more than 57 listings in Memphis, TN in February 2025 were sold above asking price, there were more than 73 listings sold at asking price, and more than 205 were sold below. Between January and February 2025, Memphis, TN real estate market has seen increase in the number of listings by 13.5%. The median list price of listings available in February 2025 was $185,000, while the average time on the real estate market was 67 days.