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1861 CORNING AVE, Memphis, TN 38127

Memphis
Local realty services provided by:CENTURY 21 Home First Realtors
1861 CORNING AVE,Memphis, TN 38127
$700,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: dylan patel
Office: grand point realty, llc.
MLS#:10222979
Source:TN_MAAR

Price summary

  • Price:$700,000

About this home

Investment opportunity in North Memphis with immediate cash flow and value add potential. This property is currently stabilized and producing income, offering investors the opportunity to acquire an asset with upside through rent growth and continued management. Current rents are below market in several units, creating the potential to increase revenue over time while maintaining occupancy. Conveniently located near major employment corridors, retail amenities, and transportation routes. Ideal for investors seeking a cash flowing asset with the ability to improve returns through strategic rent adjustments and operational efficiencies. Financial information, rent roll, and additional property details available upon request.

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Home facts

  • Year built:1964
  • Subdivision & Development:Kencor
  • Listing ID #:10222979
  • Added:101 day(s) ago
  • Updated:September 12, 2026 at 11:16 AM

Rooms and interior

  • Flooring:Vinyl Floor

Heating and cooling

  • Cooling:1 Window Unit per Unit
  • Heating:Gas

Structure and exterior

  • Roof:Shingle/Shake
  • Year built:1964
  • Foundation Description:Slab
  • Levels:2 Story

Finances and disclosures

  • Price:$700,000
  • Tax amount:$13,308
Listing content and images Copyright© 2026 Memphis Area Association of REALTORS®. Some or all of the listings displayed may not belong to the firm whose website is being visited. 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 consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it. TN_MAAR Member Broker: Connie Farina

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