2012 CARNES AVE, Memphis, TN 38114
- $209,900
- 3,486
- SqFt
- List Price
- $209,900
- Price Change
- ▼ $20,000 1786998455
- MLS#
- 3129745
- Days on Market
- 132
- Property Type
- Multifamily
- Sqft. of Residence
- 3,486
- County
- Shelby County
- Status
- ACTIVE
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!
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Additional Information
- Construction Type
- Brick
- Cooling System
- Gas
- Floor Types
- Wood, Tile
- Laundry
- Individual
- Living Area
- 3,486
- Lot Dimensions
- 50 X 130.5
- Number Of Stories
- 2
- Roofing Material
- Other
- Subdivision
- Flower Garden
- Tax Amount
- $2,534
- Year Built
- 1925
- Type
- Multifamily
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Listing courtesy of ResiAmerica Inc.
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