Joyce Wright
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BEDS0
BATHS
SQUARE FEET3,486
MLS#3129745
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONFLOWER GARDEN
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
Lot Size: 50 X 130.5
Roof Type: Other
Stories: 2.0
Taxes: $2,534
Year Built: 1925
Feature Descriptions
Days on Site: 185
Exterior: Brick
Flooring: Wood, Tile
Laundry: Individual
Lot Dimensions: 50 X 130.5
Parcel#: 031107 00011
Units: 4
Listed By / Shown By
Listed By
Agency Name: ResiAmerica Inc
Agency Phone: 9017308044
Shown By
Agent Name: Joyce Wright
Agent Phone: (615) 948-8416
Agency Title: Crye-Leike Real Estate Services
Source: Nashville MLS
Estimate Your Payment
Estimated Payment
$ 739.53 per month $467.15 Principal & Interest $211.17 Property Tax $61.22 Homeowner's InsuranceChange Payment Information
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2012 Carnes Ave | MLS# 3129745
This multi-family property located at 2012 Carnes Ave, Memphis, TN 38114 is currently listed for sale with an asking price of $209,900. Search Memphis real estate on joycewright.crye-leike.com today.