1861 Corning Ave, Memphis, TN 38127

$700,000
  • 1861 Corning Ave, Memphis, TN 38127 Main Photo

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New to the Market Active
BEDS28 BATHS MLS#10222979
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONKencor NEIGHBORHOODFrayser - North

Property Description

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.

1861 Corning Ave | MLS# 10222979

This multi-family property located at 1861 Corning Ave, Memphis, TN 38127 is currently listed for sale with an asking price of $700,000. Search Frayser - North real estate on www.wesellthesip.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: 1 Window Unit per Unit
Heating: Gas
Roof Type: Shingle/Shake
Stories: 2.0
Year Built: 1964

Feature Descriptions

Floors/ Ceilings: Vinyl Floor
Units: 14

Listed By / Shown By

Listed By

Agency Name: Grand Point Realty, LLC

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Source: MAAR MLS

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Estimated Payment

$ 1,762.06 per month $1,557.90 Principal & Interest $0.00 Property Tax (data not provided by mls) $204.17 Homeowner's Insurance

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