1261 Central Avenue

Memphis, TN 38104

Property Details

1261 Central Ave, Memphis, TN 38104

Units: 6

3 Studio

2 One Bedroom

1 Two Bedroom

Price: $510,000

Charming 1917 Multifamily Property with Strong Rental History—Fully Occupied!

Discover a rare investment opportunity with this classic 6-unit multifamily property, located in a desirable neighborhood and brimming with historic charm. Built in 1917, this well-maintained property offers a diverse unit mix that appeals to a variety of tenants, ensuring steady cash flow.

Property Features:

3 Studio Apartments: Perfect for single professionals or students.

2 One-Bedroom Apartments: Ideal for couples or small households.

1 Two-Bedroom Apartment: Great for families or roommates.

100% fully rented with consistent rental income.

Additional Highlights:
Timeless Architecture: Original details maintain the charm of the early 20th century while offering modern functionality.

Prime Location: Situated in a sought-after area with easy access to local amenities, public transportation, schools, and employment hubs.

Strong ROI Potential: Steady occupancy and desirable unit mix make this property a lucrative addition to any investor’s portfolio.

Whether you’re a seasoned investor or just starting out, this multifamily property combines character, stability, and opportunity. Don’t miss your chance to own a piece of history while enjoying reliable income!

Kelly Day Realtor

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1261 Central Ave, Memphis, TN 38104, USA

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