2012 CARNES AVE, Memphis, TN 38114
2012 CARNES AVE, Memphis, TN 38114
2012 CARNES AVE, Memphis, TN 38114
28
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Listed by Christopher Mosby • ResiAmerica Inc
$254,900
Est. payment /mo
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3,486 SqFt
Active

2012 CARNES AVE Memphis, TN 38114

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,486 sqft

Price per Sqft $73

Subdivision Flower Garden

MLS Listing ID 3129745

Year Built 1925

Annual Tax Amount $2,534

Lot Dimensions 50 X 130.5

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 County

Interior

Cooling Gas

Flooring Wood, Tile

Fireplace N

Exterior

View Y/N false

Roof Type Other

Private Pool false

Building

Story 2

Structure Type Brick

New Construction false

Others

Senior Community false


RealTracs IDX

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To say MK went above and beyond is a understatement. We drove over 300 miles in the only 2 days we had to look for homes. When a seller failed to disclose extremely important information until 2days prior to closing she fought for me. To say that she was relentless in searching, again is a understatement. Words cannot express how grateful I am to her and the team that backs her behind the scenes. There isn’t a high enough star rating to give MK and her team, we were beyond blessed to have her work/fight for us.

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MK Hughes

MK Hughes

Agent | License ID: 341737

+1(615) 788-1932

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2012 CARNES AVE