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2012 Carnes Ave, Memphis, TN 38114

$209,900
•
  • —

    bed

  • —

    bath

  • 3,486

    Sqft ($60/Sqft)

Multi-family pending
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About 2012 Carnes Ave

Property type Multi-family
Neighborhood
Year built 1925
HOA fee $0/month
Movoto estimate
Rental estimate
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!
Listed by
Listing Agent - Christopher Mosby
Listing Office - ResiAmerica Inc
Source: RealTracs mls logo
MLS#3129745 • last updated 1 month ago
Movoto checked RealTracs for data 8 minutes ago
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Overview
Cooling/AC Gas
Levels/Style Quadruplex, Two, 2
Type Residential Income
MLS # 3129745
Living Area 3486, Square Feet
Property Tax $ 2534
Year Built 1925
Interior
Laundry Individual
Exterior
Roof Other
Construction Brick
Location
Subdivision FLOWER GARDEN
Directions From Airways And Lamar, West On Lamar Towards S Parkway E, Right On Carnes Ave, Property Is On The Left
APN 31107 11
Multifamily Details
# of Units Total 4
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N/A
Hamilton School
public Grades PK, K-8
Shelby County Schools
5/10
Alcy Elementary School
public Grades PK, K-5
Shelby County Schools
3/10
Central High School
public Grades 9-12
Shelby County Schools
Source: GreatSchools.org © 2026. All rights reserved.

Around Castalia - Parkway Block Club

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56/100
Walk
67/100
Family
83/100
Dining
93/100
Pet
  • Real Estate
  • TN
  • Shelby County
  • Memphis
  • 38114
  • Castalia - Parkway Block Club
  • 2012 Carnes Ave

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