485 Alexander St, Memphis, TN 38111

Updated top to bottom, this Craftsman charmer near the University of Memphis is move-in ready OR investor ready! Currently a successful Airbnb that grossed $28,000+ Jan-Sept 2026 (seller-provided statements available; buyer to verify income and STR permitting), and seller is willing to convey furnishings for a turnkey start. The split, one level, 3BR/2BA plan has an en suite primary, refinished hardwoods, smooth ceilings, a cozy fireplace, and natural light galore. The kitchen has new cabinetry, granite, subway tile backsplash, and gas cooking, plus a separate laundry room. Big-ticket updates: new black-on-black windows, HVAC, electrical, lighting, PVC plumbing, and a newer roof. Outside: professional landscaping, a HUGE fenced backyard, storage shed, and double gate to park behind. Close to campus, shopping, and interstates. Ask about 0% down, DPA, and grants that may be available (subject to buyer qualification). See it today!