Transformation Tuesday: From Run-Down to Rent-Ready

This beautifully renovated Memphis home is a perfect example of what it means to invest with confidence. Located in a quiet, established neighborhood, 1791 Homedale Avenue offers a spacious layout with three bedrooms, two bathrooms, and over 1,600 square feet of living space — making it ideal for long-term residents.

Originally built in 1962, this property has been thoughtfully updated to meet the needs of today’s residents while maintaining the charm that older Memphis homes are known for. It’s a strong addition to any growing portfolio and a great opportunity for investors seeking dependable, long-term performance.

The Rehab Breakdown

Our renovation team completed a full scope of work to ensure this property meets REI Nation’s high standards for quality and consistency. The updates focused on improving functionality, comfort, and curb appeal — all key to attracting and retaining great residents.

Some of the most significant improvements included:

• Full plumbing updates, including new lines and a new water heater, ensuring reliability and reduced maintenance for years to come.
• Electrical upgrades throughout the home for safety and efficiency.
• Cosmetic enhancements, including fresh interior paint, updated fixtures, and modern finishes to give the property a clean, move-in-ready look.
• New flooring to create a cohesive, durable foundation for everyday living.
• Roof and HVAC improvements to maximize energy efficiency and protect the property long term.
• Yard and exterior work to boost curb appeal and provide a welcoming first impression for residents.

With a total rehab investment of $61,000, these improvements transformed the home into a high-performing, low-maintenance turnkey property designed to deliver consistent returns.

See the transformation for yourself:

Why Invest in Memphis?

Memphis continues to stand out as one of the most reliable markets for turnkey real estate investing. The city’s strong job market, affordable housing, and steady population growth contribute to a healthy demand for quality rental homes.

Neighborhoods like this one are seeing ongoing appreciation and stable rental performance — exactly what investors look for in a sustainable market. With its combination of affordability, economic stability, and a strong rental base, Memphis remains a cornerstone city in REI Nation’s portfolio.

Bottom Line

1791 Homedale Avenue is more than just a renovated property — it’s a carefully managed investment designed for long-term success. With thoughtful updates, expert management from Premier Property Management Group, and the support of the REI Nation team, this home is ready to perform for years to come.

Want to learn how to add a property like this to your portfolio?  Visit REI Nation and schedule a call with one of our Portfolio advisors today.

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