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259 MARYLAND AVE, Memphis, TN 38126

Memphis
Local realty services provided by:CENTURY 21 Home First Realtors
259 MARYLAND AVE,Memphis, TN 38126
$272,500
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: caleb parr
Office: renshaw company, realtors
MLS#:10217408
Source:TN_MAAR

Price summary

  • Price:$272,500

About this home

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 $799/month & $1050/month. Once fully occupied, the property offers strong projected cash flow and attractive returns for investors seeking newer multifamily assets in Memphis.

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Home facts

  • Year built:1958
  • Listing ID #:10217408
  • Added:10 day(s) ago
  • Updated:April 03, 2026 at 10:47 AM

Rooms and interior

  • Flooring:Vinyl Floor

Heating and cooling

  • Heating:Wall Heat

Structure and exterior

  • Roof:Composition
  • Year built:1958
  • Foundation Description:Slab

Finances and disclosures

  • Price:$272,500
  • Tax amount:$3,443
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