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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!

Features
Heating System:
Floor Furnace, Baseboard
Cooling System:
Gas
FOUNDATION:
Partial Basement
Parking Facility:
Concrete, Asphalt/blacktop
Address Map
Country:
US
State:
TN
County:
Shelby
City:
Memphis
Subdivision:
FLOWER GARDEN
Zipcode:
38114
Street:
CARNES
Street Number:
2012
Street Suffix:
AVE
Floor Number:
0
Longitude:
W90° 0' 16.2''
Latitude:
N35° 6' 48.9''
Directions:
From Airways and Lamar, west on Lamar towards S Parkway E, right on Carnes Ave, property is on the left
MLS Addon
Agent ID:
4261
Status:
Active
Type:
Fourplex
# of Stories:
2
Multi-Family 1 Bedroom Units:
2
Multi-Family 2 Bedroom Units:
2
Multi-Family 3 Bedroom Units:
0
Lot Size:
50 X 130.5

Multi-family For Sale

2012 CARNES AVE, Memphis, Tennessee 38114

0 Bedrooms
0 Bathrooms
0 Sqft
$209,900
Listing ID #10208512
Basic Details
Property Type :
Multi-family
Listing Type :
For Sale
Listing ID :
10208512
Price :
$209,900
Bedrooms :
0
Bathrooms :
0
Half Bathrooms :
0
Square Footage :
0 Sqft
Year Built :
1925
Lot Area :
0 Acre
Status :
Active
Days On Market :
260
Contact Agent