Property Description

ATTENTION INVESTORS!! 5138 Chantilly Dr, Memphis, TN 38127 is a fully renovated 3BR/2BA, 1,190 SF income-producing property offering strong, stable cash flow. Currently leased at $1,195/month through 5/10/2028, with a 5.87% cash-on-cash return. Major improvements include a NEW 3-ton Carrier HVAC system, NEW roof (<5 years old), and NEW flooring throughout (tile/LVP). Interior has been fully updated with fresh paint, trim, doors, lighting, and fixtures. The kitchen features new countertops, sink, faucet, and refreshed cabinets, while both bathrooms include new tile, tubs/wall surrounds, toilets, and updated plumbing fixtures. Additional upgrades include a new water heater, select new windows, smart locks, and exterior repairs to siding, fencing, driveway, and landscaping. DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. No wholesalers, assignments, or creative financing! Owner/Agent

Property Features