2006 FELIX AVE Memphis, TN $ 460,750
2006 FELIX AVE
$ 460,750
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2006 FELIX AVE

Memphis, TN, 38104
$ 460,750
Bedrooms4 Baths3.0 Sq 1,211

Monthly Estimate*

$ 2,874

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Multi-Family Home for sale in Memphis, TN

for $460,750 with 4 bedrooms and 3 full baths. This 1,211 square foot home was built in 1912.

Excellent investment opportunity! This triplex offers three separate living units, each with its own charm and income potential. The main level features a 2-bedroom, 1-bath unit with a comfortable layout and easy access to the shared outdoor areas. Upstairs, you’ll find a 1-bedroom, 1-bath unit with a private side entrance—ideal for added privacy or tenant convenience. In addition, there’s a detached garage with a 1-bedroom, 1-bath apartment above, offering even more flexibility for rental income or guest accommodations. Each unit is individually designed to maximize livability and function while keeping maintenance simple. Whether you’re expanding your rental portfolio or searching for a multi-unit property to live in while generating income, this triplex delivers solid potential. Conveniently located near shopping, dining, and main commuter routes, it’s a great find for investors seeking reliable returns and long-term value.

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Multi-Family Active

Price

$ 460,750

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 4,664

Style

Triplex

Year Built

1912

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10208871

Features
General
Roof Composition
Construction Wood/Composition
Status Active Active
Legal Subdivision Name J J WILLIAMS
Stories Count 1.5
County Shelby
Class Multi-Family
Laundry Y/N Connections
Type Triplex
Area 746K Central Gardens
Parcel Number 031122 00041
Sale/Rent For Sale
Status Detail 0
Year Built 1912
Directions From I-55 N/I-69 N exit 29 merge onto Lamar Ave left onto S McLean Blvd right onto Felix Ave. Home will be on the left.
City Memphis
DOM 39
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Exterior
Foundation Conventional/Crawl Space
Lot 36
Number of Buildings 2
Lot Size 71X146
Parking Facility Concrete
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Interior
Hot Water Gas Public Sewer Public Water
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* Excluded Features
List By
Keller Williams

Broker

Affordability Calculator

$3,263
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,874
Monthly Property Taxes
$389
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
12/9/2025$460,750 -5.00% Price Down
10/31/2025$485,000 Listed Price

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2006 FELIX AVE, Memphis, TN, 38104 is a Multi-Family Home for sale at $460,750 with 1,211 sqft. 2006 FELIX AVE has 4 bedrooms, 3.0 baths, and was built in 1912. The property's zip code is 38104 which is in Memphis, TN