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1677 Walker Ave, Memphis, photo 1
1677 Walker Ave, Memphis, photo 2
1677 Walker Ave, Memphis, photo 3
1677 Walker Ave, Memphis, photo 4
1677 Walker Ave, Memphis, photo 5

1677 Walker Ave

1677 Walker Ave

Memphis, TN 38114

Single FamilyCash FlowingNo Mortgage
Share price$29.00
Avg yield7.36%
Current yield7.36%
CommunityDiscuss this property with investors and the property manager

About

Single-family home located in Memphis, Tennessee. 1940s-built 4-bedroom home on a 6,534 sq ft lot, fully renovated in 2021. The property is currently occupied on a month-to-month lease at $1,266 per month. The DAO authorized representative is Gottfather (Discord user).

Live Property Financials: 1677 Walker Ave, Memphis, TN 38114

Property Management Agreement: 1677 Walker Ave, Memphis, TN 38104

S&P Lending Protocol: Live Worksheet

Property Management

S&P Property Management, LLC

Founded in October 2025, S&P Property Management, LLC is a member-managed PM business run by discord users "LaPlebDeLaPleb" & "The Scout". LaPlebDeLaPleb and The Scout bring a combined 13 years of experience investing in capital markets and 6 years of active engagement within the Lofty ecosystem. Their complementary expertise spans professional lending, financial consulting, the design and delivery of online courses and workshops, hospitality operations, and logistics management.

About this offering

Total Property Value$213,684.95
Equity
$202,085
Debt
None
Closing Costs$1,500
LLC Formation$600
Operating Reserve
$2,374.12

The Market

Memphis, TN

Memphis is a major logistics hub, home to FedEx’s global headquarters and superhub along with major rail, river, and interstate connections. St. Jude Children’s Research Hospital and a strong healthcare sector add to the job base. Its music heritage, Mississippi River setting, and a cost of living well below the national average make it an affordable place to own, and a large renter population supports steady demand.

Property Updates

UpdateJul 14, 2026

No additional details provided.

S&P Property Management LLC

UpdateJun 13, 2026

No additional details provided.

S&P Property Management LLC

UpdateApr 23, 2026
  • Legal notice of unpaid county property taxes was received through company mail, taxes were unpaid through 2024 & 2025, totaling $2,686.58, which were covered from escrows and operating reserves. The previous escrow figures were not based on city/ county tax. As such, the escrow balance each month will be adjusting match coverage of both city and county taxes.

  • The tenant has signed a 2-yr lease to remain in the property, for the foreseeable future, year 1 of the lease will be at $1300.00/mo, and $1350.00/mo in year 2.

  • Spring Maintenance costs totaled $620 in service costs, this was to address repairs for the HVAC, furnace and air duct clean-out along with home inspection

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Share price

$29.007.36% yield