4010 SUMMER AVE Memphis, TN $ 685,000
4010 SUMMER AVE
$ 685,000
Recently Listed
Share Save

4010 SUMMER AVE

Memphis, TN, 38122
$ 685,000
Bedrooms18 Baths6.0 Sq 5,488

Monthly Estimate*

$ 4,218

4010 SUMMER AVE, Memphis, TN 38122 - Image 1
4010 SUMMER AVE, Memphis, TN 38122 - Image 2
4010 SUMMER AVE, Memphis, TN 38122 - Image 3
4010 SUMMER AVE, Memphis, TN 38122 - Image 4
4010 SUMMER AVE, Memphis, TN 38122 - Image 5
4010 SUMMER AVE, Memphis, TN 38122 - Image 6
4010 SUMMER AVE, Memphis, TN 38122 - Image 7
4010 SUMMER AVE, Memphis, TN 38122 - Image 8
4010 SUMMER AVE, Memphis, TN 38122 - Image 9
4010 SUMMER AVE, Memphis, TN 38122 - Image 10
4010 SUMMER AVE, Memphis, TN 38122 - Image 11
4010 SUMMER AVE, Memphis, TN 38122 - Image 12
4010 SUMMER AVE, Memphis, TN 38122 - Image 13
4010 SUMMER AVE, Memphis, TN 38122 - Image 14
4010 SUMMER AVE, Memphis, TN 38122 - Image 15
4010 SUMMER AVE, Memphis, TN 38122 - Image 16
4010 SUMMER AVE, Memphis, TN 38122 - Image 17

Multi-Family Home for sale in Memphis, TN

for $685,000 with 18 bedrooms and 6 full baths. This 5,488 square foot home was built in 1960.

Fully occupied 6-unit multifamily on Summer Ave! PRIME LOCATION! Renovated in 2020, each unit offers 3BR layouts—rare and in high demand, supporting strong tenant retention and consistent income. Major upgrades include new roof, updated plumbing, full electrical rewire, and all HVAC systems and water heaters replaced, delivering a true turnkey, low-maintenance asset. Currently generating approx. $75,000 annually, exceeding the 1% rule with immediate cash flow from day one. Prime location with quick access to Interstate 40 and near Grahamwood Elementary School, increasing tenant demand. Strong rental corridor with excellent accessibility. Ideal for investors seeking stable returns, low overhead, and long-term appreciation. Opportunities like this are increasingly difficult to find in today’s market. Don’t miss out on this rare investment. Contact me today for additional details or to schedule a private showing.

See more

Multi-Family Active

Price

$ 685,000

Bedrooms

18

Full Bath

6

Property Type

Multi-Family

Taxes

$ 11,269

Style

Apartment Building

Year Built

1960

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10220598

Features
General
Roof Composition Shingle/Shake
Construction Brick/Veneer
Status Active Active
Legal Subdivision Name BRATTAIN RAYMOND
Stories Count 2
County Shelby
Class Multi-Family
Laundry Y/N Connections
Type Apartment Building
Area 752F Kingsbury
Parcel Number 055069 00049
Sale/Rent For Sale
Status Detail 0
Year Built 1960
Directions From Sam Cooper turn right onto Graham then right onto Summer. The property will be on your right.
City Memphis
DOM 0
See more
Exterior
Foundation Slab
Lot N PT 18
Number of Buildings 1
Lot Size 14350
Parking Facility Asphalt/Blacktop
See more
Interior
Hot Water Electrical Public Sewer
See more
* Excluded Features
List By
Crye-Leike, Inc., Realtors

Broker

Affordability Calculator

$5,157
Per Month
82%
18%
0%
Monthly Principal & Interest
$4,218
Monthly Property Taxes
$939
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/1/2026$685,000 Listed Price

Map


See all

4010 SUMMER AVE, Memphis, TN, 38122 is a Multi-Family Home for sale at $685,000 with 5,488 sqft. 4010 SUMMER AVE has 18 bedrooms, 6.0 baths, and was built in 1960. The property's zip code is 38122 which is in Memphis, TN