Description
This fully renovated 6-unit multifamily property is located just minutes south of Downtown Memphis. Each unit is a spacious 2-bedroom, appealing to a strong and stable tenant base. Recent upgrades include a new roof, electrical, plumbing, windows, and flooring. The property generates $5,400 in scheduled monthly rental income. A turnkey asset offering immediate cash flow with upside in a growing submarket.
Details
| MLS # | 10219672 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1965 |
| Days On Site | 124 |
| Listing Provided By | Crye-Leike Commercial | Jeffrey Moore |
Features
| Story(s) | 2 |
|---|---|
| Units | 6 |
| Building(s) | 1 |
Exterior
| Roof | Shingle/Shake |
|---|---|
| Construction | Brick/Veneer |
| Foundation | Slab |
Parking
| Parking Facility | Asphalt/Blacktop |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38126 |
| Area | South Bluffs | Downtown |
| Subarea | 745E |
| Community Name | GRAHAM |
| Listing VS Median (in GRAHAM) | |
Price: $589,000 low | high Med: $0 On site: 124 low | high Med: | |
Market Activity 38126
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38126 |
| Area | South Bluffs | Downtown |
| Subarea | 745E |
| Community Name | GRAHAM |
| Listing VS Median (in GRAHAM) | |
Price: $589,000 low | high Med: $0 On site: 124 low | high Med: | |
Nearby Listings (Within 1/10 mile)
Price: $441K - $736K
sqft: 0 - 0
Listing Updated: August 17, 2026 at 5:16:44 PM PDT