Skip to main content
Property Description

Fully occupied 6-unit multifamily on Summer Ave! PRIME LOCATION! Renovated in 2020, each unit offers 3BR layouts—rare and in high demand, supporting strong tenant retention and consistent income. Major upgrades include new roof, updated plumbing, full electrical rewire, and all HVAC systems and water heaters replaced, delivering a true turnkey, low-maintenance asset. Currently generating approx. $75,000 annually, exceeding the 1% rule with immediate cash flow from day one. Prime location with quick access to Interstate 40 and near Grahamwood Elementary School, increasing tenant demand. Strong rental corridor with excellent accessibility. Ideal for investors seeking stable returns, low overhead, and long-term appreciation. Opportunities like this are increasingly difficult to find in today’s market. Don’t miss out on this rare investment. Contact me today for additional details or to schedule a private showing.

Features
: Central
: Central
: Slab
: Asphalt/blacktop
Address Map
US
TN
Shelby
Memphis
BRATTAIN RAYMOND
38122
SUMMER
4010
AVE
0
W90° 4' 23''
N35° 8' 58.4''
From Sam Cooper, turn right onto Graham, then right onto Summer. The property will be on your right.
MLS Addon
18183
Active
: Apartment Building
2
0
0
6
14350

Multi-family For Sale

4010 SUMMER AVE, Memphis, Tennessee 38122

0 Bedrooms
0 Bathrooms
0 Sqft
$685,000
Listing ID #10220598
Basic Details
Property Type : Multi-family
Listing Type : For Sale
Listing ID : 10220598
Price : $685,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 0 Sqft
Year Built : 1960
Lot Area : 0 Acre
Status : Active
Days On Market : 0
Agent info
Covington Realty & Auction
Contact Agent