2012 CARNES AVE Memphis, TN $ 274,900
2012 CARNES AVE
$ 274,900
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2012 CARNES AVE

Memphis, TN, 38114
$ 274,900
Bedrooms6 Baths4.0 Sq 3,411

Monthly Estimate*

$ 1,715

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Multi-Family Home for sale in Memphis, TN

for $274,900 with 6 bedrooms and 4 full baths. This 3,411 square foot home was built in 1925.

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!

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Multi-Family Active

Price

$ 274,900

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 2,534

Style

Fourplex

Year Built

1925

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10208512

Features
General
Roof Shingle/Shake
Construction Brick
Status Active Active
Legal Subdivision Name FLOWER GARDEN
Stories Count 2
County Shelby
Class Multi-Family
Laundry Y/N Connections
Type Fourplex
Area 748C South Memphis/Glenview
Parcel Number 031107 00011
Sale/Rent For Sale
Status Detail 0
Year Built 1925
Directions From Airways and Lamar west on Lamar towards S Parkway E right on Carnes Ave property is on the left
City Memphis
DOM 47
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Exterior
Foundation Partial Basement
Lot 133-134
Number of Buildings 1
Lot Size 50 X 130.5
Parking Facility Asphalt/Blacktop Concrete
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Interior
Hot Water Public Water
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* Excluded Features
List By
Resiamerica, Inc.

Broker

Affordability Calculator

$1,926
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,715
Monthly Property Taxes
$211
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
Pricing History
DatePricePrice ChangeDescription
12/4/2025$274,900 -5.17% Price Down
10/26/2025$289,900 Listed Price

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2012 CARNES AVE, Memphis, TN, 38114 is a Multi-Family Home for sale at $274,900 with 3,411 sqft. 2012 CARNES AVE has 6 bedrooms, 4.0 baths, and was built in 1925. The property's zip code is 38114 which is in Memphis, TN