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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
$215,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: terrance hill
Office: exp realty, llc.
MLS#:10232910
Source:TN_MAAR

Price summary

  • Price:$215,000

About this home

Great investment opportunity to own an updated fourplex with **immediate rental income and additional cash flow potential!** This multifamily property features a newer roof, updated flooring, tile, kitchens, and bathrooms. Two units are currently occupied, generating **$1,275 per month ($15,300 annually)** in gross rental income. The two vacant units present an opportunity to increase rental revenue through additional leasing, potentially strengthening the property's overall cash flow. Ideal for investors looking to expand their portfolios with an income-producing property that offers existing rental income, value-added potential, and room for future growth.

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Home facts

  • Year built:1958
  • Subdivision & Development:COCKE
  • Listing ID #:10232910
  • Added:1 day(s) ago
  • Updated:October 21, 2026 at 08:59 PM

Rooms and interior

  • Flooring:Vinyl Floor

Structure and exterior

  • Roof:Composition
  • Year built:1958
  • Foundation Description:Slab
  • Levels:1 Story

Finances and disclosures

  • Price:$215,000
  • Tax amount:$3,443
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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