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David Harbin
Owner Broker
REALTOR®, Broker
(731) 926-1737
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433 Dixie Rd, Memphis, TN 38109

$119,000
  • 433 Dixie Rd, Memphis, TN 38109 Main Photo

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Active
BEDS2 BATHS1 full MLS#10203698
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONALTA HEIGHTS NEIGHBORHOODMitchell-Westwood

Property Description

ATTENTION INVESTORS!! Fully renovated, turnkey rental with long-term tenant in place. Leased at $900/month through 2/25/2028, delivering consistent cash flow of $900/month and a 5.81% cash-on-cash return. Major improvements include a new 30-year architectural roof, new HVAC condenser, upgraded electrical system (converted from fuse box), and full interior/exterior renovation. Interior upgrades feature luxury vinyl plank flooring, an updated kitchen with new countertops and fixtures, and a refreshed bathroom with new vanity and toilet. Additional enhancements include new lighting, smart locks, and exterior improvements. Low-maintenance asset positioned for stable returns and long-term portfolio growth. No wholesalers, assignments, or creative financing! DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Owner/Agent

433 Dixie Rd | MLS# 10203698

This single family home located at 433 Dixie Rd, Memphis, TN 38109 is currently listed for sale with an asking price of $119,000. This property was built in 1963 and has 2 bedrooms and 1 full baths. Dixie Rd is located in the ALTA HEIGHTS subdivision. Search ALTA HEIGHTS real estate on davidharbin.crye-leike.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central
Heating: Central
Home Style: Traditional
Lot Size: 0.21 Acres
Year Built: 1963

Feature Descriptions

Bed and Bath: All Bedrooms Down, Other (See Remarks)
Days on Site: 275
Exterior: Porch, Other (See REMARKS)
Exterior/ Windows: Other (See Remarks), Vinyl Siding, Wood Window(s)
Floors/ Ceilings: Marble/Terrazzo, Other (See REMARKS), Vinyl/Luxury Vinyl Floor
Living/ Dining Room: Other (See Remarks), Washer/Dryer Connections
Lot: Level
Parking/ Storage: Driveway/Pad, Other (See REMARKS)
Total Rooms: 5

Listed By / Shown By

Listed By

Agency Name: Foundation Property Management

Shown By

Agent Name: David Harbin
Agent Phone: (731) 926-1737
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: MAAR MLS

Estimate Your Payment

Estimated Payment

$ 299.55 per month $264.84 Principal & Interest $0.00 Property Tax (data not provided by mls) $34.71 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/18/2026. The listing information on this page last changed on 05/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 05/18/2026 12:00:55 AM EST) or MAAR MLS (last updated Sun 05/17/2026 11:57:53 PM EST). Real estate listings held by brokerage firms other than Crye-Leike Real Estate Services may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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