SteveBoysen

196 APPLEVILLE CV, Memphis, TN 38109

Sold: $65,000
Sold on: Jul 31st, 2026
Sold: $65,000
Sold on: Jul 31st, 2026
BEDS4 BATHS1 full 1 partial MLS#10226741
STATUSClosed PROPERTY TYPEResidential - Single Family


Property Description

This property is a prime candidate for a delayed BRRRR strategy. Acquire this asset at an aggressive price point and capitalize on the built-in equity. With a total project basis of $110,000 and an ARV of $155,000, this deal provides an estimated $45,000 in forced appreciation once the renovation is complete. Benefit from consistent, low-maintenance income while you finalize your renovation plans. This asset allows you to hold for cash flow today and pivot to a high-equity exit or refinance strategy in early 2027, right as we enter peak rental season.

Property Features

Cooling: Central
Days on Market: 20
Heating: Central
Lot Size: 0.17 Acres
Year Built: 1971

Feature Descriptions

Bed and Bath: All Bedrooms Down
Exterior/ Windows: Brick Veneer
Living/ Dining Room: Separate Living Room
Lot: Level
Parking/ Storage: Driveway/Pad
Total Rooms: 7

Listed By / Sold By

Listed By

Agency Name: Advantage Property Management

Shown By

Agent Name: Steve Boysen
Agent Phone: (901) 493-0373
Agency Title: Crye-Leike Real Estate Services

Sold By

Agency Name: Advantage Property Management
Agency Phone: 901-347-3148
Agent Name: Sherry Roberts

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/01/2026. The listing information on this page last changed on 08/01/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 08/01/2026 12:31:14 AM EST) or MAAR MLS (last updated Sat 08/01/2026 12:27:59 AM EST). Real estate listings held by brokerage firms other than Crye-Leike Real Estate Services may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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