Introduction:
Project: The Deerland Street Acquisition Location: Memphis, TN (Whitehaven – Zip Code 38109.
We are excited to announce that Spencer Buys Houses has just successfully closed on another new property! This case study outlines our recent transaction at 4373 Deerland St in the popular Whitehaven community of Memphis.
Project At A Glance
| Status | JUST CLOSED |
| Property Type | Single Family Residence (SFR) |
| Specs | 3 Beds / 1 Bath / 1,200 SqFt |
| Location | Whitehaven, Memphis, TN 38109 |
| The Goal | Seller needed a fast, guaranteed sale without making repairs. |
| The Outcome | Successful off-market cash closing. |
The Challenge: Selling an Older Home Quickly in Memphis
This newly acquired property at Deerland St is a classic 1965 ranch-style home centrally located in the Whitehaven neighborhood of Memphis. While the 1,200 sq ft, 3-bedroom/1-bathroom structure had good bones, selling an older property via traditional methods can be challenging.
The previous owner needed a solution that the traditional real estate market couldn’t offer. Listing the house with an agent would have meant:
- Expensive upfront costs for repairs, painting, and modernization to attract retail buyers.
- The stress of keeping the house pristine for intrusive showings and open houses.
- Uncertainty surrounding buyer financing, appraisals, and potential inspection roadblocks.
The seller needed certainty, speed, and a transaction that didn’t require them to invest more money into the property.
The Solution: A Direct Cash Offer from Spencer Buys Houses
At Spencer Buys Houses, we are local Memphis cash home buyers. We act quickly when new properties come to our attention in neighborhoods like Whitehaven (38109).
Our approach to closing this new property was simple and transparent:
- Local Market Analysis: We quickly evaluated the property’s potential based on current Whitehaven market trends.
- The “As-Is” Commitment: We provided a fair, competitive cash offer to buy the house exactly in its current condition. The seller was not required to fix anything or even clean out the property.
- Guaranteed Closing: Because we buy houses with cash, we eliminated the need for bank appraisals and mortgage contingencies, ensuring the deal would close on the seller’s timeline.
The Result: Another Successful Closing in Whitehaven
We are thrilled to have closed this deal on Deerland St. This transaction highlights our ability to move quickly in the Memphis, TN real estate market.
- For the Seller: They walked away with cash in hand, avoiding months of stress, Realtor commissions, and repair costs.
- For Spencer Buys Houses: We acquired a fantastic new property that we will revitalize, improving the value of the surrounding Whitehaven neighborhood.
Do You Need to Sell a House Fast in Memphis?
The situation with this new property on Deerland St is very common. Many Memphis homeowners find themselves needing to sell a house that needs work, inherit a property they don’t want, or simply want to convert equity into cash quickly without the hassle of the open market.
If you own a home in Whitehaven (38109) or anywhere in the Greater Memphis area and want a fair, fast, all-cash offer, we are here to help.
Get Your Fair Cash Offer Today!
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.