486 E GEORGIA AVE, Memphis, TN 38126
486 E GEORGIA AVE, Memphis, TN 38126
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$490,000

$550,000

10.9%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 02/27/2026

Key Details

Sold Price $490,000

Property Type Multi-Family

Sub Type Apartment Complex

Listing Status Sold

Purchase Type For Sale

Subdivision John Brown

MLS Listing ID 10212188

Sold Date 02/27/26

Year Built 1966

Annual Tax Amount $1,164

Property Sub-Type Apartment Complex

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.

Location

State TN

County Shelby

Area South Bluffs/Downtown

Interior

Heating Gas

Cooling None

Flooring 8 Feet, Tile, Vinyl Floor

Equipment Smoke Detector(s)

Laundry None

Exterior

Parking Features Concrete

Roof Type Composition

Building

Foundation Slab

Water Gas

Others

Acceptable Financing Conventional

Listing Terms Conventional

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Listed by Terrance A Hill • eXp Realty, LLC
Bought with Dylan Patel • Grand Point Realty, LLC

Nearby Locations

Venus Miller

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