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BEDS6
BATHS
MLS#10208512
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONFLOWER GARDEN
NEIGHBORHOODSouth Memphis-Glenview
Property Description
Located in a solid rental area, this 4-plex property offers excellent income potential. The property features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, making it a versatile addition to any investment portfolio. One of the 2-bedroom units was previously rented to a Section 8 tenant for $945 per month, demonstrating strong rental demand. With full occupancy, this property has the potential to generate $3,200+ in monthly income. Conveniently situated near Downtown Memphis, Midtown, and major freeway access, this property provides easy access to dining, shopping, and employment centers. Don't miss this great opportunity to own an income-producing multi-family property!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Gas
Heating: Floor Furnace, Baseboard
Roof Type: Shingle/Shake
Stories: 2.0
Year Built: 1925
Feature Descriptions
Days on Site: 128
Floors/ Ceilings: Hardwood Throughout, Tile
Units: 4
Listed By / Shown By
Listed By
Agency Name: ResiAmerica, Inc.
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: MAAR MLS
Estimate Your Payment
Estimated Payment
$ 641.64 per month $567.30 Principal & Interest $0.00 Property Tax (data not provided by mls) $74.35 Homeowner's Insurance
2012 Carnes Ave | MLS# 10208512
This multi-family property located at 2012 Carnes Ave, Memphis, TN 38114 is currently listed for sale with an asking price of $254,900. Search South Memphis-glenview real estate on www.clcommercialrealestate.com today.