2012 Carnes Ave, Memphis, TN 38114

Memphis
Local realty services provided by:ERA Chappell & Associates Realty & Rental
2012 Carnes Ave,Memphis, TN 38114
$209,900
  • - Beds
  • - Baths
  • 3,486 sq. ft.
  • Multi-family
  • Pending
Listed by: christopher mosby
Office: resiamerica inc
MLS#:3129745
Source:NASHVILLE

Price summary

  • Price:$209,900
  • Price per sq. ft.:$60.21

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!

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Home facts

  • Year built:1925
  • Subdivision & Development:FLOWER GARDEN
  • Listing ID #:3129745
  • Added:229 day(s) ago
  • Updated:October 01, 2026 at 09:05 AM

Rooms and interior

  • Flooring:Tile
  • Living area:3,486 sq. ft.

Heating and cooling

  • Cooling:Gas

Structure and exterior

  • Year built:1925
  • Building area:3,486 sq. ft.
  • Construction Materials:Brick
  • Levels:2 Story

Finances and disclosures

  • Price:$209,900
  • Price per sq. ft.:$60.21
  • Tax amount:$2,534
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