About This Home

This 0-bedroom, 0-bathroom multi-family at 261 KEEL Ave in Memphis, TN is listed for $784,000 ($140 per sqft). Built in 1968, the home offers 5,616 sqft of living space on a N/A lot.

Key Features

  • Built in 1968

Property Details

1968
Listing Description

This 8-unit opportunity is located north of downtown in the Uptown area.St. Jude's huge expansion continues to create an increased demand for housing in the area. All units are 2BR's with stoves, refrigerators, washers and dryers. The scheduled monthly rents are 6,570. Rents are below market due to over 20 years of ownership. This provides an opportunity to increase rents without major capital improvements. The retiring owner is ready to do a deal with a serious buyer. Drive by only, please.

Monthly Cost Estimate

$4,193/mo

20% down · 6.5% · 30 years

Principal$567
Interest$3,397
Insurance$229

Estimates only. Actual payments may vary.

Location

261 KEEL Ave

Memphis, TN 38107

GREENLAW

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 261 KEEL Ave is listed at $784,000 ($140/sqft). The estimated monthly payment is $4,193 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1968.

This property is listed by Jeffrey Moore.

JM

Jeffrey Moore

Agent at Crye Leike, Inc.

Listed by Crye Leike, Inc. · Broker phone: (901) 756-8900 · View on Broker Site · Broker website

MLS# 10231609· Source: Memphis Area Association of Realtors®· 25 days on PropertySimple

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.

261 KEEL Ave, Memphis, TN 38107

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