About This Home

This 0-bedroom, 0-bathroom residential multi family at 259 MARYLAND Ave in Memphis, TN is listed for $224,000 ($48 per sqft). Built in 1958, the home offers 4,662 sqft of living space on a N/A lot.

Key Features

  • Built in 1958

Property Details

1958
Listing Description

Investor dream! Rare chance to acquire this 4 unit building features three 1-bedroom/1-bath units and one 2-bedroom/1-bath unit - all recently updated with new flooring, updated cabinetry, and modern finishes throughout. New roof. Window security bars with interior release mechanisms installed.

One unit is currently occupied at $825/month, providing immediate income from day one. The remaining three units are vacant, and cleared. Located in a growing area of Memphis - we encourage prospective buyers to take a look around on Google Maps and see the new construction and development activity in the surrounding neighborhood. Schedule your showing today.

Monthly Cost Estimate

$1,198/mo

20% down · 6.5% · 30 years

Principal$162
Interest$971
Insurance$65

Estimates only. Actual payments may vary.

Location

259 MARYLAND Ave

Memphis, TN 38126

Cocke Caroline J

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 259 MARYLAND Ave is listed at $224,000 ($48/sqft). The estimated monthly payment is $1,198 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1958.

This property is listed by Caleb Parr and can be reached at 9014840478.

CP

Caleb Parr

Agent at Renshaw Company, REALTORS

(901) 484-0478

Listed by Renshaw Company, REALTORS · View on Broker Site

MLS# 10225727· Source: listhub· 1 day on market

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

259 MARYLAND Ave, Memphis, TN 38126

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