28
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$254,900
Est. payment /mo
Active
2012 CARNES AVE Memphis, TN 38114
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Subdivision Flower Garden
MLS Listing ID 10208512
Year Built 1925
Annual Tax Amount $2,534
Property Sub-Type Fourplex
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!
Location
State TN
County Shelby
Area South Memphis/Glenview
Interior
Heating Baseboard, Floor Furnace
Cooling Gas
Flooring Hardwood Throughout, Tile
Laundry Connections
Exterior
Parking Features Asphalt/Blacktop, Concrete
Roof Type Shingle/Shake
Building
Story 2
Foundation Partial Basement
Water Public Water
Listed by Christopher Mosby • ResiAmerica, Inc.
NEARBY SCHOOL & BUSINESS
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