259 MARYLAND AVE Memphis, TN $ 224,000
259 MARYLAND AVE
$ 224,000
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259 MARYLAND AVE

Memphis, TN, 38126
$ 224,000
Bedrooms5 Baths4.0 Sq 4,662

Monthly Estimate*

$ 1,414

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Multi-Family Home for sale in Memphis, TN

for $224,000 with 5 bedrooms and 4 full baths. This 4,662 square foot home was built in 1958.

Investor dream! Rare chance to acquire this 4 unit building features three 1-bedroom/1-bath units and one 2-bedroom/1-bath unit — all recently updated with new flooring, updated cabinetry, and modern finishes throughout. New roof. Window security bars with interior release mechanisms installed. One unit is currently occupied at $825/month, providing immediate income from day one. The remaining three units are vacant, and cleared. Located in a growing area of Memphis — we encourage prospective buyers to take a look around on Google Maps and see the new construction and development activity in the surrounding neighborhood. Schedule your showing today.

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Multi-Family Active

Price

$ 224,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 3,443

Style

Fourplex

Year Built

1958

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10225727

Features
General
Roof Composition
Construction Brick
Status Active Active
Legal Subdivision Name Cocke Caroline J
Stories Count 1
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 Memphis take Danny Thomas Blvd south then turn left onto E Georgia Ave. Turn right onto Mississippi Blvd then left onto Maryland Ave. Continue to 259 Maryland Ave Memphis TN 38126. The
City Memphis
DOM 0
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Exterior
Foundation Slab
Number of Buildings 0
Lot Size 42X111
Parking Facility Gravel
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Interior
Hot Water Other (See REMARKS)
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* Excluded Features
List By
Renshaw Company, Realtors

Broker

Affordability Calculator

$1,701
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,414
Monthly Property Taxes
$287
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/9/2026$224,000 Listed Price

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259 MARYLAND AVE, Memphis, TN, 38126 is a Multi-Family Home for sale at $224,000 with 4,662 sqft. 259 MARYLAND AVE has 5 bedrooms, 4.0 baths, and was built in 1958. The property's zip code is 38126 which is in Memphis, TN