478 E GEORGIA AVE E Memphis, TN ^$ 925,000

478 E GEORGIA AVE E

^$ 925,000

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478 E GEORGIA AVE E

Memphis, TN, 38126

^$ 925,000

Bedrooms28 Baths14.0 Sq 8,750

Monthly Estimate*

^$ 6,389

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Multi-Family Home for sale in Memphis, TN

for $925,000 with 28 bedrooms and 14 full baths. This 8,750 square foot home was built in 1966.

This 14 unit is located near the downtown area. It is a unique opportunity for an experienced rehab investor. Most of the rehab work has been done. Rehab was from the studs out and includes new electrical and plumbing. The units are all 2 bedrooms. Current rents average 695/mo . Market rents are a minimum of 895. Call listing agent to make arrangements to show. Drive by only, please.

Multi-Family Active

Price

^$ 925,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 7,122

Style

Apartment Building

Year Built

1966

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10232457

Features

General

Roof Composition

Construction Brick/Veneer

Status Active Active

Legal Subdivision Name JOHN BROWN

Stories Count 2

County Shelby

Class Multi-Family

Laundry Y/N None

Type Apartment Building

Area 745E South Bluffs/Downtown

Parcel Number 011016 00029C

Sale/Rent For Sale

Status Detail 0

Year Built 1966

Directions From Downtown Memphis Go (S) on Danny Thomas (S) past Mississippi to Georgia. Go (E) on Georgia to 478 E. Georgia

City Memphis

DOM 0

Exterior

Foundation Slab

Lot 12 &PT3*

Number of Buildings 1

Lot Size 78/252 IRR X 178 + 8.5/323

Parking Facility Asphalt/Blacktop

Interior

Hot Water Electrical

* Excluded Features

List By

Crye-Leike Commercial

Broker

Affordability Calculator

$6,982

Per Month

Monthly Principal & Interest: $6,389
Monthly Property Taxes: $594
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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

Trends
Schools

Multi-family listings in Memphis, TN

Average List Price ^$374,072

Percent of Sale Price 60%

About Memphis, TN

651,785 Population

-6% Since 2002

^$38,338 Median Income

35.39 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

460623 Elementary School

460624 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/15/2026	$925,000		Listed Price

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478 E GEORGIA AVE E, Memphis, TN, 38126 is a Multi-Family Home for sale at $925,000 with 8,750 sqft. 478 E GEORGIA AVE E has 28 bedrooms, 14.0 baths, and was built in 1966. The property's zip code is 38126 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

Some or all of the listings displayed may not belong to the firm whose website is being visited.

The information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing.

Data is updated as of 10/15/2026.

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478 E GEORGIA AVE E

Multi-Family Home for sale in Memphis, TN

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