1698 EDWARD AVE, MEMPHIS, TN 38107
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At a glance
This off-market house in Memphis, TN has 3 beds, 1 bath, 1,412 sq ft and an asking price of $72,000. ARV is about $153,000. Tagged as a wholesale opportunity. Posted Apr 8, 2026.
houseListed Apr 8, 2026Subject to: no
Property overview
1698 EDWARD AVE, 38107
3
Bedrooms
1
Bathrooms
1,412
Sq ft
1948
Year built
Rehab level
CosmeticLightModerateHeavyComplete
Indicated: Heavy
Property access
Occupancy
Vacant
- Parking
- Street
- A/C
- Electric
- Construction
- Any
Full listing copy (as provided)
Third Party Appraisal in hand at $153,000. In-house financing is Available! 100% Loan To Cost at 2pts and 12% interest. Loan amount to be $135,110. $1,195 Rent. 3 bed. 1 Bath. 1,412 square feet. Built in 1948. $1,388 in annual taxes. $957 annual insurance. $72,000 sales price. $153,000 After Repair Value. $63,110 Renovation, which includes material, labor, and a $3,000 GC fee. (See Scope, click the link below). Minimal flood zone. B- class area. Your purchase price plus renovations is $135,110 with a target rent of $1,195, that's a 7.11% Cap Rate with $17,890 in equity!
Realtor commission
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Commission
Commission Offered
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Timeline
Posted Apr 8, 2026 · Updated Apr 8, 2026
Strategy: Wholesale
