Highlands Elite Real Estate
Properties/Memphis, TN

$209,900

2012 CARNES AVE
Memphis, TN 38114 · Shelby County, TN · FLOWER GARDEN
Listing courtesy of ResiAmerica Inc · Updated 3 days ago
3,486 sqft

About this home

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!

Year built
1925
Property type
House
$/sqft
$60
Days on market
137
MLS #
3129745
Status
Pending
County
Shelby County, TN
Lot size

Features

Location

2012 CARNES AVE, Memphis, TN 38114

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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the Upper Cumberland Association of REALTORS®, the source of this information. Properties may be listed by brokerages other than Highlands Elite Real Estate.