123 MAJUBA AVE Memphis, TN ^$ 239,900

123 MAJUBA AVE

^$ 239,900

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123 MAJUBA AVE

Memphis, TN, 38109

^$ 239,900

Bedrooms4 Baths4.0 Sq 2,100

Monthly Estimate*

^$ 1,477

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Multi-Family Home for sale in Memphis, TN

for $239,900 with 4 bedrooms and 4 full baths. This 2,100 square foot home was built in 1950.

All units are occupied. All units had a full rehab in 2024 - new roof, appliances (ovens, microwaves, stackable washer/dryer in all units), sewer lines, major electric and plumbing work completed, hvac units, new light fixtures, bath and kitchen renovations (except for existing kitchen cabinets), and new concrete parking was poured. Great income producing property!

Multi-Family Active

Price

^$ 239,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 681

Style

Fourplex

Year Built

1950

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10213536

Features

General

Roof Composition

Construction Brick/Veneer

Status Active Active

Legal Subdivision Name SPION KOP BLK 12

Stories Count 1

County Shelby

Class Multi-Family

Laundry Y/N Dryer in Unit Washer in Unit

Type Fourplex

Area 747A South Memphis/61 Hwy

Parcel Number 035042 00003

Sale/Rent For Sale

Status Detail 0

Year Built 1950

Directions From I-240 W take exit 7 for US 61/N 3rd St and merge right. Turn left on Mallory. Turn right on Kansas. Turn left on Majuba. Property will be on your left.

City Memphis

DOM 0

Exterior

Foundation Slab

Lot 6&7

Number of Buildings 2

Lot Size 100X100

Parking Facility 1 Per Unit Concrete

Interior

Hot Water Electrical Public Sewer Public Water

* Excluded Features

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Memphis Property Management Pr

Broker

Affordability Calculator

$1,534

Per Month

Monthly Principal & Interest: $1,477
Monthly Property Taxes: $57
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Multi-family listings in Memphis, TN

Average List Price ^$288,295

Percent of Sale Price 20%

About Memphis, TN

651,785 Population

-6% Since 2002

^$38,338 Median Income

35.39 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

460623 Elementary School

460624 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
1/23/2026	$239,900		Listed Price

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123 MAJUBA AVE, Memphis, TN, 38109 is a Multi-Family Home for sale at $239,900 with 2,100 sqft. 123 MAJUBA AVE has 4 bedrooms, 4.0 baths, and was built in 1950. The property's zip code is 38109 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

Some or all of the listings displayed may not belong to the firm whose website is being visited.

The information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing.

Data is updated as of 1/23/2026.

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123 MAJUBA AVE

Multi-Family Home for sale in Memphis, TN

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