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1954 MANILA AVE Memphis, TN $ 489,000
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1954 MANILA AVE
$ 489,000
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1954 MANILA AVE

Memphis, TN, 38114
$ 489,000
Bedrooms5 Baths3.0

Monthly Estimate*

$ 3,011

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Multi-Family Home for sale in Memphis, TN

for $489,000 with 5 bedrooms and 3 full baths. This home was built in 1911.

Great investment opportunity with income already in place! 1954 Manila Ave is a triplex featuring one 1 bedroom / 1 bath unit and two 2 bedroom / 1 bath units. Two units are currently tenant occupied, offering immediate rental income, while one vacant unit is available for showings — perfect for owner-occupants or investors looking to set their own rental rate. Convenient location with strong income potential and multiple living configurations. Whether you're looking to expand your investment portfolio or get started in multi-family ownership, this property offers great upside and opportunity!

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Multi-Family Active

Price

$ 489,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 10,395

Style

Triplex

Year Built

1911

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10221042
Features
General
Roof Shingle/Shake
Construction Vinyl Siding
Status Active Active
Legal Subdivision Name McLaughlin
Stories Count 1.5
County Shelby
Class Multi-Family
Laundry Y/N Connections
Type Triplex
Area 746K Central Gardens
Parcel Number 031116 00033
Sale/Rent For Sale
Status Detail 0
Year Built 1911
Directions From I-240 take the exit toward Lamar Ave/Hwy 78 and continue south on Airways Blvd. Turn onto Manila Ave and the property will be on your left at 1954 Manila Ave.
City Memphis
DOM 13
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Exterior
Foundation Slab
Lot 171
Number of Buildings 1
Lot Size 50x128
Parking Facility 1 Per Unit
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Interior
Hot Water Public Sewer Public Water
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* Excluded Features
List By
Keller Williams

Broker

Affordability Calculator

$3,877
Per Month
78%
22%
0%
Monthly Principal & Interest
$3,011
Monthly Property Taxes
$866
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
5/7/2026$489,000 Listed Price

Map

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1954 MANILA AVE, Memphis, TN, 38114 is a Multi-Family Home for sale at $489,000. 1954 MANILA AVE has 5 bedrooms, 3.0 baths, and was built in 1911. The property's zip code is 38114 which is in Memphis, TN

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