4010 Summer Ave, Memphis, TN, 38122
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Property Details
18
Multi-Family
Description
Property Details: • Type: Multi-Family • Bedrooms: 18 • Bathrooms: 0 • Square Feet: [object Object]
Description: Fully occupied 6-unit multifamily on Summer Ave! PRIME LOCATION! Renovated in 2020, each unit offers 3BR layouts—rare and in high demand, supporting strong tenant retention and consistent income. Major upgrades include new roof, updated plumbing, full electrical rewire, and all HVAC systems and water heaters replaced, delivering a true turnkey, low-maintenance asset. Currently generating approx. $75,000 annually, exceeding the 1% rule with immediate cash flow from day one. Prime location with quick access to Interstate 40 and near Grahamwood Elementary School, increasing tenant demand. Strong rental corridor with excellent accessibility. Ideal for investors seeking stable returns, low
Location
Address
4010 Summer Ave, Memphis, TN, 38122
City
Memphis
Features and Finishes
Year Built: 1960; [object Object]; [object Object]; [object Object]
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