Located at 2039 Oakvalley Road in Memphis, Tennessee, this four-bedroom, two-bath home offers 2,411 square feet and a two-car garage. Built in 1971, the property needed a new roof, water heater, furnace, and AC, along with plumbing and electrical repairs and a full interior refresh. The $69,500 renovation addressed those systems first, then turned to the exterior and finishes.
Memphis’s established neighborhoods hold steady demand for family-sized rentals. Once the core systems were replaced and the interior was updated, this home was ready to lease and perform reliably.
The Rehab Breakdown
The work started with the systems that matter most, then moved through the exterior and interior.
Key improvements included:
Major systems: A new roof, water heater, furnace, and AC were installed. Licensed contractors completed the plumbing, HVAC, and electrical repairs.
Exterior updates: The property and garage floor were pressure washed, and the gutters were cleaned and repaired. Damaged wood and siding were replaced, and the trim, doors, and shutters were repainted.
Kitchen and bathrooms: The kitchen received new countertops, a vent-a-hood, and a fire extinguisher, along with painted cabinets and new hardware. Both bathrooms were updated with new sink and cabinet combos, tile shower surrounds, and fixtures.
Interior finishes: All walls, ceilings, trim, doors, and closets were painted. New carpet went into the bedrooms and stairs, and vinyl plank covers the kitchen, bathrooms, laundry, and living areas.
Final touches: Front and rear security doors were installed, all locks were rekeyed, the yard was landscaped, and a final construction cleaning ensured move-in readiness.
All the work listed and more was completed with a final rehab budget of $69,500, resulting in a fully updated, systems-sound property built to perform reliably.
See the transformation for yourself:
-Nov-02-2026-05-21-51-5844-PM.png?width=605&height=605&name=Transformation%20Tuesday%20(2)-Nov-02-2026-05-21-51-5844-PM.png)
-Nov-02-2026-05-21-51-6131-PM.png?width=605&height=605&name=Transformation%20Tuesday%20(3)-Nov-02-2026-05-21-51-6131-PM.png)
-Nov-02-2026-05-21-51-7449-PM.png?width=600&height=600&name=Transformation%20Tuesday%20(4)-Nov-02-2026-05-21-51-7449-PM.png)
Why Invest in Memphis, TN?
Memphis continues to attract turnkey investors seeking affordable markets with steady rental demand. The city’s economic base and population stability support consistent performance for well-maintained homes. Family-sized properties like this one serve long-term residents well, and updated systems keep them competitive.
For investors building passive income portfolios, Memphis offers accessible entry points and reliable fundamentals.
Bottom Line
2039 Oakvalley Road shows how a thorough, well-sequenced renovation turns an older home into a dependable turnkey investment in Memphis.
Ready to invest in Memphis? Contact our team to discuss opportunities where smart renovation delivers lasting returns.
.png)
