Project Overview:
Property: 913 Meagher St, Memphis, TN 38108
Neighborhood: Hyde Park, Memphis
Property Type: Single Family Residence (SFR)
Specs: 4 Beds / 2 Baths | 1,680 SqFt
Year Built: 1948
The Challenge: Selling a 1948 Home with Deferred Maintenance
Located in the historic Hyde Park, Memphis neighborhood, this spacious 1,680 sq. ft. property had incredible potential but needed significant work. Built in 1948, the 4-bedroom, 2-bath home faced a common issue in the 38108 zip code: it required a modern cosmetic overhaul to be competitive on the retail market.
For the seller, listing this home with a traditional real estate agent would have been costly and time-consuming. The challenges included:
- High Renovation Costs: Updating the kitchen, bathrooms, and flooring to meet 2024 standards.
- Time Delays: Waiting months for bank inspections and financing approvals.
- Fees: Losing thousands in realtor commissions and closing fees.
The owner needed a reliable Memphis cash home buyer who could see past the clutter and repairs.
The Solution: A Fast, Fair Cash Offer from Spencer Buys Houses
Spencer Buys Houses provided a tailored solution that removed the stress of selling. As local Memphis real estate investors, we understand the value of Hyde Park properties and were able to act quickly.
Our “As-Is” buying process offered specific benefits for this transaction:
- Sold strictly “As-Is”: We purchased the home in its exact current condition. The seller did not have to pay for repairs, painting, or cleaning.
- Market Knowledge: Leveraging our in-depth understanding of the North Memphis market, we provided a competitive cash offer promptly.
- Zero Out-of-Pocket Costs: We covered all standard closing costs and charged zero commissions, ensuring the seller retained a higher percentage of the sale price.
The Result: Quick Closing and Neighborhood Revitalization
This transaction was a win-win. The seller walked away with cash in hand without the headache of a traditional sale, and Spencer Buys Houses acquired a great property ready for revitalization. We are excited to restore this classic 1948 home, improving the property value and contributing to the growth of the Hyde Park community.
Need to Sell Your House Fast in Hyde Park, Memphis, TN?
Do you own a property in Hyde Park, Midtown, or anywhere in the Greater Memphis area? Whether you are dealing with an inherited house, major repairs, foreclosure, or simply want to downsize without the hassle, we are here to help.
We Buy Houses in Memphis in any condition. Skip the repairs, skip the agents, and choose a guaranteed cash offer.
Get Your No-Obligation Cash Offer Today!
📞 Call or Text Us: (901)-979-9848 👉 Click Here to Get Started: Get My Fair Cash Offer.
Spencer Shadrach is the founder of Spencer Buys Houses, a trusted home-buying company based in Memphis, TN. With over a decade of experience in real estate, Spencer is passionate about helping local homeowners sell their properties quickly and stress-free—no agents, no fees, and no repairs needed. Known for his honest approach and fair cash offers, Spencer has earned a reputation as one of the most reliable house buyers in Memphis. When he’s not guiding sellers through smooth closings, you’ll find him giving back to the Memphis community or spending time with his family.