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259 Maryland Ave

Memphis, TN 38126
  • $250,000
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 10196503
Price Reduced
UPDATED: 131 min ago
$250,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

Description

Great opportunity for a turnkey four plex! Owner has done a great job renovating. New roof, new flooring, tile, kitchens, and bathrooms. 2 bedroom 1 bath rented at 1150, 1 bedroom renting for $820, and 2 studios offered at $820. Utilities paid by owner and included in the rent.

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© 2025 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gowen Property Group | Keller Williams Realty. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2025-06-13T00:04:18.507.
www.gowenpropertygroup.com/homes/163723830
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259 Maryland Ave Memphis, TN 38126

  • Price: $250,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 131 min ago
  • MLS #: 10196503
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1958
Built
Neighborhood:
Cocke
County:
Shelby
Area:
South Bluffs/Downtown
Property Description
Great opportunity for a turnkey four plex! Owner has done a great job renovating. New roof, new flooring, tile, kitchens, and bathrooms. 2 bedroom 1 bath rented at 1150, 1 bedroom renting for $820, and 2 studios offered at $820. Utilities paid by owner and included in the rent.
Exterior Features

Buildings 1 Construction Brick Foundation Slab Lot Size 42X111 Parking Facility Gravel Roof Composition

Interior Features

Appliances Equipment Range/Oven (Freestanding)Refrigerator Cooling Systems Individual Cooling Floors And Ceilings Vinyl Floor Heating Systems CentralGas Hot Water ElectricalGas Laundry None

Property Features

1 Bedroom Units 0 2 Bedroom Units 2 3 Bedroom Units 0 Amenities Other (See REMARKS) Annual City Tax 218 Annual County Tax 231 Assumption Other (Call LA) Efficiency Studio Units 2 Existing Financing Other (See REMARKS) Gross Potential Annual Rent 43320 Legal Subdivision Name COCKE CAROLINE J Lot Number 16 Multifamily Type Fourplex New Financing Conventional Operating Expenses InsuranceRepairs/Maintenance Other Units 0 Percent Occupancy 50 Possession At Closing Sale Includes All AppliancesBuilding and Land Source Of Info LeasesRent Roll Tenant Pays All Utilities Type Of Leases Year Type Of Units 1 BR - 1 Bath2 BR - 1+ BathsEfficiency/Studio

Listing information © 2025 Memphis Area Association of REALTORS®.
Listing provided courtesy of Woodyard Realty Corp: 901-767-1998.



© 2025 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gowen Property Group | Keller Williams Realty. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2025-06-13T00:04:18.507.
 
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Gowen Property Group | Keller Williams Realty
5847 Getwell Rd, Bldg B1
Southhaven MS, 38672