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$254,900 - 2012 Carnes Ave, Memphis

-
Bedrooms
-
Baths
3,486
SQ. Feet
1925
Year Built

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!

Essential Information

  • MLS® #:
    3129745
  • Price:
    $254,900
  • Bathrooms:
    0.00
  • Square Footage:
    3,486
  • Acres:
    0.00
  • Year Built:
    1925
  • Type:
    Residential Income
  • Status:
    Under Contract - Not Showing

Community Information

  • Address:
    2012 Carnes Ave
  • Subdivision:
    FLOWER GARDEN
  • City:
    Memphis
  • County:
    Shelby County, TN
  • State:
    TN
  • Zip Code:
    38114

Interior

  • Cooling:
    Gas
  • # of Stories:
    2

Exterior

  • Roof:
    Other
  • Construction:
    Brick

Additional Information

  • Date Listed:
    October 25th, 2025
  • Days on Market:
    149

Listing Details

  • Listing Office:
    Resiamerica Inc

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Disclaimer: All information is believed to be accurate but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal.

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Listing information last updated on April 30th, 2026 at 10:10am CDT.