Buy the property, build the income, serve the community
Explore discounted Memphis investment properties with fix-and-flip, buy-and-hold, and special needs housing potential. Qualified buyers may also receive guidance on connecting with nonprofit and agency partners that place tenants and may provide dependable rental support.
Discounted Investment Opportunities
Properties priced with room for repairs, equity growth, rental income, or resale profit.
Multiple Exit Strategies
Evaluate fix-and-flip, traditional rental, refinance, rent-by-the-bed, and special needs housing options.
Non-Profit Partnership Guidance
Learn how qualified housing providers may connect with organizations that refer tenants and coordinate rental assistance.
Three Memphis Properties. Multiple Ways to Create Income.
Review the purchase price, estimated repairs, projected value, rental possibilities, and recommended exit strategies for each opportunity.
308 W. Fields Avenue
- Asking price: $37,500 – Reasonable cash offers considered.
- Estimated repairs: $40,000–$57,500
- Estimated ARV: $114,000
- Potential strategies: Fix-and-flip, buy-and-hold, or specialized housing
193 McKellar
2 beds | 1 bath | Vacant
Moderate-rehab opportunity positioned for a traditional rental, resale, or rent-by-the-bed strategy.
- Asking price: $32,500 – Reasonable cash offers considered.
- Estimated repairs: $35,000–$40,000
- Estimated ARV: $95,000–$100,000
- Potential rent: Up to $1,800 monthly gross through a two-bed rental model
187 McKellar
2 beds | 1 bath | Approximately 1000 Sq. Ft.
Move-in-ready rental opportunity requiring only selected updates and modifications.
- Purchase price: $75,000 – Reasonable cash offers considered.
- Estimated improvements: $5,000
- Estimated market value: $105,000
- Projected rent: $1,100 per month or by the bed $900 per bed Non-Profit Program
- Potential strategy: Traditional rental or special needs housing
Looking for Rental Income With a Community Impact?
Some properties may be suitable for housing programs serving veterans, individuals with disabilities, people transitioning from homelessness, or other special-needs populations. Flowers and Associates can help qualified investors evaluate the property, understand the numbers, and explore potential nonprofit or agency relationships.
These are not just distressed properties. They are investment opportunities with several possible income strategies and potential community-housing applications.
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SPEAK WITH JOHNATHON – 901-621-3544
