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259 MARYLAND AVE Memphis, TN $ 272,500
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259 MARYLAND AVE
$ 272,500
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259 MARYLAND AVE

Memphis, TN, 38126
$ 272,500
Bedrooms1 Baths4.0 Sq 1,560

Monthly Estimate*

$ 1,678

259 MARYLAND AVE, Memphis, TN 38126 - Image 1
259 MARYLAND AVE, Memphis, TN 38126 - Image 2
259 MARYLAND AVE, Memphis, TN 38126 - Image 3
259 MARYLAND AVE, Memphis, TN 38126 - Image 4
259 MARYLAND AVE, Memphis, TN 38126 - Image 5
259 MARYLAND AVE, Memphis, TN 38126 - Image 6
259 MARYLAND AVE, Memphis, TN 38126 - Image 7
259 MARYLAND AVE, Memphis, TN 38126 - Image 8
259 MARYLAND AVE, Memphis, TN 38126 - Image 9

Multi-Family Home for sale in Memphis, TN

for $272,500 with 1 bedroom and 4 full baths. This 1,560 square foot home was built in 1958.

Professionally managed and newly built four unit investment property offering a compelling blend of stability and upside in a fast growing part of Memphis - see for yourself on Google Maps. The property features modern construction and a new roof etc. This building features one 2 bedroom unit and 3 studio apartments. Two units are currently leased for $1925 total, providing immediate income, while two additional units are ready to be marketed at approximately $875/month. Once fully occupied, the property offers strong projected cash flow and attractive returns for investors seeking newer multifamily assets in Memphis.

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Multi-Family Active

Price

$ 272,500

Bedrooms

1

Full Bath

4

Property Type

Multi-Family

Taxes

$ 3,443

Style

Fourplex

Year Built

1958

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10217408
Features
General
Roof Composition
Construction Brick
Status Active Active
Legal Subdivision Name Cocke Caroline J
County Shelby
Class Multi-Family
Laundry Y/N None
Type Fourplex
Area 745. South Bluffs/Downtown
Parcel Number 013033 00004
Sale/Rent For Sale
Status Detail 0
Year Built 1958
Directions From downtown take Crump Blvd east. Turn left onto Danny Thomas Blvd then right onto Maryland Ave. Home will be on the right.
City Memphis
DOM 0
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Exterior
Foundation Slab
Number of Buildings 1
Lot Size 42X111
Parking Facility Gravel
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Interior
Hot Water Electrical
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* Excluded Features
List By
Renshaw Company, Realtors

Broker

Affordability Calculator

$1,965
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,678
Monthly Property Taxes
$287
Monthly 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
460623 Elementary School
460624 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
3/23/2026$272,500 Listed Price

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259 MARYLAND AVE, Memphis, TN, 38126 is a Multi-Family Home for sale at $272,500 with 1,560 sqft. 259 MARYLAND AVE has 1 bedrooms, 4.0 baths, and was built in 1958. The property's zip code is 38126 which is in Memphis, TN

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