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486 E GEORGIA AVE Memphis, TN $ 550,000
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$ 550,000 Get more info
486 E GEORGIA AVE
$ 550,000
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486 E GEORGIA AVE

Memphis, TN, 38126
$ 550,000
Bedrooms20 Baths10.0 Sq 6,150

Monthly Estimate*

$ 3,431

486 E GEORGIA AVE, Memphis, TN 38126 - Image 1
486 E GEORGIA AVE, Memphis, TN 38126 - Image 2

Multi-Family Home for sale in Memphis, TN

for $550,000 with 20 bedrooms and 10 full baths. This 6,150 square foot home was built in 1966.

Investment opportunity in a fully renovated and fully occupied 10-unit apartment building. Each unit offers 2 bedrooms and 1 bathroom with space. Strong rental history and consistent occupancy make this an ideal acquisition for any investor. All tenants are on flexible month-to-month leases, giving a new owner multiple options for strategy and repositioning. No showings without an accepted offer. Please do not disturb tenants.

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Multi-Family Active

Price

$ 550,000

Bedrooms

20

Full Bath

10

Property Type

Multi-Family

Taxes

$ 1,164

Style

Apartment Complex

Year Built

1966

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10207217
Features
General
Roof Composition
Construction Brick
Status Active Active
Legal Subdivision Name JOHN BROWN
County Shelby
Class Multi-Family
Laundry Y/N None
Type Apartment Complex
Area 745E South Bluffs/Downtown
Parcel Number 011016 00027C
Sale/Rent For Sale
Status Detail 0
Year Built 1966
Directions South on Mississippi Blvd and left onto Georgia.
City Memphis
DOM 40
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Exterior
Foundation Slab
Lot PTS 4-10*
Number of Buildings 2
Lot Size .35
Parking Facility Concrete
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Interior
Hot Water Gas
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* Excluded Features
List By
Exp Realty, Llc

Broker

Affordability Calculator

$3,528
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,431
Monthly Property Taxes
$97
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
10/7/2025$550,000 Listed Price

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486 E GEORGIA AVE, Memphis, TN, 38126 is a Multi-Family Home for sale at $550,000 with 6,150 sqft. 486 E GEORGIA AVE has 20 bedrooms, 10.0 baths, and was built in 1966. The property's zip code is 38126 which is in Memphis, TN

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