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

