2012 Carnes Ave, Memphis, TN 38114

$209,900
3,486
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$209,900
Price Change
▼ $20,000 1786998527
MLS#
3129745
Status
PENDING
Type
Multifamily
City
Memphis
County
Shelby
Living Area
3,486
Year Built
1925
DOM
137

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!

Additional Information

Cooling
Gas
Living Area
3,486
Lot Dimensions
50 X 130.5
Subdivision
Flower Garden
Year Built
1925

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Agent: Christopher Mosby | chrismosby@gmail.com

Office: ResiAmerica Inc | 9017308044

board logo

Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.