
878 W Marigold Ln Memphis, TN 38109
Westwood NeighborhoodEstimated payment $1,415/month
About This Home
Turnkey 5-Property Portfolio – Fully Renovated & Cash Flowing! Exceptional investment opportunity! This income producing 5-property package is fully updated and tenant-occupied, with all tenants on Section 8 paying $1,850 per month per property, offering guaranteed rent and reliable long-term cash flow. Each home has been recently renovated and is well-maintained, making this a hassle-free, turnkey addition to any real estate portfolio. Perfect for investors seeking stable, consistent returns. Package; 910 Bramblewood, 2169 Mourfield, 878 W Marigold, 681 Parkrose, 1790 Wendy.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $621
Year Built
- Built in 2009
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 80x164
Home Design
- Traditional Architecture
Interior Spaces
- 1,200-1,399 Sq Ft Home
- 1,300 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 2 Full Bathrooms
Community Details
- Westwood Downs Subdivision
Listing and Financial Details
- Assessor Parcel Number 075140 00047
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $621 | $32,575 | $2,575 | $30,000 |
2024 | $621 | $18,325 | $2,300 | $16,025 |
2023 | $1,116 | $18,325 | $2,300 | $16,025 |
2022 | $1,116 | $18,325 | $2,300 | $16,025 |
2021 | $1,129 | $18,325 | $2,300 | $16,025 |
2020 | $848 | $11,700 | $2,300 | $9,400 |
2019 | $848 | $11,700 | $2,300 | $9,400 |
2018 | $848 | $11,700 | $2,300 | $9,400 |
2017 | $481 | $11,700 | $2,300 | $9,400 |
2016 | $469 | $10,725 | $0 | $0 |
2014 | $469 | $10,725 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/01/2025 08/01/25 | For Sale | $250,000 | -- | $208 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | None Available | |
Quit Claim Deed | $2,025 | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $48,750 | Commercial |
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Source: Memphis Area Association of REALTORS®
MLS Number: 10202858

APN: 07-5140-0-0047
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