4 months on rocket

5246 Lochinvar Dr, Memphis, TN, 38116

$129,900

Home List Price

$1,543*

Closing Credit

3 Bedrooms
1 Full Bath
House

Location

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5246 Lochinvar Dr, Memphis$129,900

Buyer Closing Credits

$1,543*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOther (See REMARKS)
Year Built1955
HeatingOther
CoolingOther
WaterfrontOther
MLS #10178261
Lot Size0.35 Acres
StatusActive

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Other (See Remarks)
  • Year Built: 1955
  • Stories: 1

Listing Office:

  • Office Name: CrestCore Realty MphsBrokerage

Interior Features

Interior Information:

  • Flooring Type: Other (See REMARKS)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Other
  • Exterior: Other (See REMARKS)

Parking Information:

  • Parking: Other (See REMARKS)

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.35 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: SOUTH ON LOCHINVAR FROM HOLMES.

Price Information

Listing Price Info

Price Summary:

  • List Price: $129,900
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Housing Market Comparison

See how this home compares to others in Memphis, TN.

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Memphis, TN

City

Med. Sold Price

$183K

# of Sold Homes

362

5246 Lochinvar Dr vs Memphis

138 DAYS ON ROCKET

$129,900

-$53.1K Less

KEY TAKEAWAY

This property is $53.1K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10178261

Listing Office:

  • Office Name: CrestCore Realty MphsBrokerage

Copyright© 2024 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: 12/18/2024, 4:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$716

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$456

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4386405
4
/10

  • Oakshire Elementary School

  • 1765 E Holmes Rd

  • 0.22 miles

  • Public District Grades PK-5

school-card-donut-4386406
3
/10

  • Holmes Road Elementary School

  • 1083 E Holmes Rd

  • 1.21 miles

  • Public District Grades PK-5

school-card-donut-4386407
5
/10

  • Whitehaven Elementary STEM

  • 4783 Elvis Presley Blvd

  • 1.32 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5246 Lochinvar Dr

What is the listing price of this property?

The listing price of 5246 Lochinvar Dr property is $129,900.

What type of property is this?

The property 5246 Lochinvar Dr is a house located in Memphis, Tennessee, 38116.

Is this property for sale now?

Active Listing: 5246 Lochinvar Dr is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5246 Lochinvar Dr has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 5246 Lochinvar Dr is 1955.

Rocket Homes›Tennessee›Shelby County›Memphis›38116›5246 Lochinvar Dr

This home is located at 5246 Lochinvar Dr in Memphis, TN and zip code 38116 in the Whitehaven neighborhood. This home, which was built in 1955, sits on a 0.35 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 01, 2024 and is currently priced at $129,900.

Memphis, TN housing market in November 2024 saw over 45 listings sold above listed price, more than 98 sold at listed price and over 218 sold below. The inventory of homes for sale in Memphis, TN between October 2024 and November 2024 increased by 6.8%.

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

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