Description
Six 1/1 units with $50k annual gross income potential. Steps away from St. Jude main campus and perfectly positioned to provide housing to the staff that keep such a great mission going! 5/6 units occupied. Market rents between $550-$695. Lot's of meat on the bones to make this the star of your real estate investment portfolio. No wholesales, creative financing. Do not disturb tenants. Showings with accepted contract for sale (make contingent on inspection).
Details
| MLS # | 10226944 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1953 |
| Days On Site | 45 |
| Listing Provided By | Revid Property Management, LLC | August Pacente |
Features
| Units | 6 |
|---|---|
| Building(s) | 1 |
Exterior
| Roof | Shingle/Shake |
|---|---|
| Construction | Brick |
| Foundation | Slab |
Parking
| Parking Facility | Offsite/Street |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38105 |
| Area | Harbor Town | Downtown |
| Subarea | 741E |
| Community Name | CARRINGTONS LANE AVE |
| Listing VS Median (in CARRINGTONS LANE AVE) | |
Price: $249,000 low | high Med: $0 On site: 45 low | high Med: | |
Market Activity 38105
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38105 |
| Area | Harbor Town | Downtown |
| Subarea | 741E |
| Community Name | CARRINGTONS LANE AVE |
| Listing VS Median (in CARRINGTONS LANE AVE) | |
Price: $249,000 low | high Med: $0 On site: 45 low | high Med: | |
Nearby Listings (Within 1/10 mile)
Price: $186K - $311K
sqft: 0 - 0
Listing Updated: July 25, 2026 at 6:05:48 PM PDT