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Listed price in listed location currency (USD).
$272,500

000

MLS® 10217408

Overview

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage No
Taxes 
Days Active 0
Lot Size 
Approx. Age 1958
MLS® Number 10217408

Property Address: 259 Maryland Ave, Memphis, TN, 38126-5003

Average square foot calculated using Size range provided by listing agent.

Description

Professionally managed and newly built four unit investment property offering a compelling blend of stability and upside in a fast growing part of Memphis - see for yourself on Google Maps. The property features modern construction and a new roof etc. This building features one 2 bedroom unit and 3 studio apartments. Two units are currently leased for $1925 total, providing immediate income, while two additional units are ready to be marketed at approximately $875/month. Once fully occupied, the property offers strong projected cash flow and attractive returns for investors seeking newer multifamily assets in Memphis.
MLS® Number10217408
Laundry LevelNone
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1958
Basement
DrivewayGravel
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Building and Land

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 23, 2026List Date
$272,500List Price

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