Located at 2081 Meadowview Lane in Memphis, Tennessee, this four-bedroom, two-bath home offers 2,472 square feet, a two-car garage, and no HOA. Built in 1969, the property needed a new roof, a new furnace and AC, a new water heater, and an updated electrical panel before it could serve as a dependable rental. The $66,500 renovation covered the systems, exterior, and interior work needed to make that happen.
Memphis investors looking for turnkey properties in established neighborhoods will find this home’s combination of size and system upgrades appealing. Larger homes with reliable infrastructure attract long-term residents, and that’s the foundation this project was built on.
The work started with the systems that matter most, then moved through the exterior and interior.
Key improvements included:
Major systems: A new roof, furnace, AC unit, and water heater were installed. Licensed contractors completed the plumbing, HVAC, and electrical repairs, including an updated electrical panel.
Exterior updates: The property was pressure washed and repainted on siding, trim, doors, and shutters. Damaged wood and siding were replaced, and a new front-right fence and gate were installed with a double-sided latch.
Kitchen and bathrooms: The kitchen received new countertops, a backsplash, a vent-a-hood, and fresh cabinet paint with new hardware. Both bathrooms were fully updated with new tile flooring, tile shower surrounds, vanity tops, and fixtures.
Interior finishes: All walls, ceilings, trim, and doors were repainted. New blinds, doorknobs, smoke detectors, and light fixtures were installed, and the den and bedrooms received ceiling fans.
Final touches: The driveway was poured new, all locks were rekeyed, the garage door was repaired, and a full cleaning ensured move-in readiness.
All the work listed and more was completed with a final rehab budget of $66,500, resulting in a fully updated, systems-sound property built to perform reliably.
See the transformation for yourself: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. Larger properties like this one serve families well, and updated systems keep them competitive.
For investors building passive income portfolios, Memphis offers accessible entry points and reliable fundamentals.
Bottom Line
2081 Meadowview Lane 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.