# 259 MARYLAND Ave, Memphis, TN 38126

> **TL;DR:** residential multi family, $224,000 ($48/sqft), built 1958, 4,662 sqft. Est. $1,198/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $224,000 |
| Price/sqft | $48 |
| Square Feet | 4,662 |
| Year Built | 1958 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,133 |
| Estimated Insurance | $65 |
| **Total** | **$1,198** |

## Property Highlights

- Built in 1958

## Description

### Agent 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.

## Location

- **Address:** 259 MARYLAND Ave, Memphis, TN 38126
- **County:** Shelby
- **Neighborhood:** Cocke Caroline J
- **Coordinates:** 35.122574, -90.053369
- **Google Maps:** https://www.google.com/maps?q=35.122574,-90.053369

## Listing Agent

- **Name:** Caleb Parr
- **Brokerage:** Renshaw Company, REALTORS
- **Phone:** 9014840478

## Primary Photo

![259 MARYLAND Ave - Primary Photo](http://lh.rdcpix.com/7665c962b26777c85ae166c183bc76f1l-f1007196172r.jpg)

*21 total photos available on [listing page](https://www.propertysimple.ai/listing/259-maryland-ave-memphis-tn-38126-10225727)*

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**MLS#:** 10225727 | **Updated:** 2026-08-02
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/259-maryland-ave-memphis-tn-38126-10225727)

---

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