Share this with your friends
+19018339734
Legendary Realty
486 E Georgia Ave, Memphis, TN 38126
- $490,000
- Sold Price
- $490,000
- List Price
- $550,000
- Closing Date
- Feb 27, 2026
- MLS#
- 10212188
- Property Type
- Multifamily
- Lot Size
- 0
- Status
- CLOSED
Property Description
Investment opportunity in a fully renovated and fully occupied 10-unit apartment building. Each unit offers 2 bedrooms and 1 bathroom with space. Strong rental history and consistent occupancy make this an ideal acquisition for any investor. All tenants are on flexible month-to-month leases, giving a new owner multiple options for strategy and repositioning. No showings without an accepted offer. Please do not disturb tenants.
Additional Information
- Actual Annual Rent
- 53800
- Annual City Tax
- 565
- Annual County Tax
- 599
- Construction
- Brick
- Foundation
- Slab
- Hot Water
- Gas
- Legal Subdivision
- John Brown
- Lot
- PTS 4-10*
- Lot Size
- 0
- New Financing
- Conventional
- Occupancy
- 100
- Parking Facility
- Concrete
- Roof
- Composition
- Subdivision
- JOHN BROWN
- Subtype
- Apartment Complex
- Tenant Pays
- All Utilities
- Year Built
- 1966
How much is your home worth?
...get instant property value now!
Mortgage Calculator
Listing courtesy of eXp Realty, LLC. Selling Office: Grand Point Realty, LLC.
Some or all of the listings displayed may not belong to the firm whose website is being visited
Copyright© 2026 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.