# 261 KEEL Ave, Memphis, TN 38107 > **TL;DR:** multi-family, $784,000 ($140/sqft), built 1968, 5,616 sqft. Est. $4,193/mo. Listed 28 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $784,000 | | Price/sqft | $140 | | Square Feet | 5,616 | | Year Built | 1968 | | Property Type | Multi-Family (Apartment) | | Status | Active | | Days on Market | 28 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $3,964 | | Estimated Insurance | $229 | | **Total** | **$4,193** | ## Property Highlights - Built in 1968 ## Description ### Agent 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. ## Location - **Address:** 261 KEEL Ave, Memphis, TN 38107 - **County:** Shelby - **Neighborhood:** GREENLAW - **Coordinates:** 35.16148, -90.040351 - **Google Maps:** https://www.google.com/maps?q=35.16148,-90.040351 ## Listing Agent - **Name:** Jeffrey Moore - **Brokerage:** Crye Leike, Inc. - **Broker Phone:** (901) 756-8900 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/261-Keel-Ave_Memphis_TN_38107_M73829-37982?f=listhub&s=MAARTN&m=10231609&c=propsimple) ## Photos ![261 KEEL Ave - Photo 1](http://lh.rdcpix.com/b2524ac807053d697f0034f30d37b4b3l-f2124593627r.jpg) ![261 KEEL Ave - Photo 2](http://lh.rdcpix.com/b2524ac807053d697f0034f30d37b4b3l-f2636939261r.jpg) ![261 KEEL Ave - Photo 3](http://lh.rdcpix.com/b2524ac807053d697f0034f30d37b4b3l-f399140963r.jpg) ![261 KEEL Ave - Photo 4](http://lh.rdcpix.com/b2524ac807053d697f0034f30d37b4b3l-f2010699079r.jpg) ![261 KEEL Ave - Photo 5](http://lh.rdcpix.com/b2524ac807053d697f0034f30d37b4b3l-f500862171r.jpg) ![261 KEEL Ave - Photo 6](http://lh.rdcpix.com/b2524ac807053d697f0034f30d37b4b3l-f2920147552r.jpg) ![261 KEEL Ave - Photo 7](http://lh.rdcpix.com/b2524ac807053d697f0034f30d37b4b3l-f4080037231r.jpg) ![261 KEEL Ave - Photo 8](http://lh.rdcpix.com/b2524ac807053d697f0034f30d37b4b3l-f2868467477r.jpg) ![261 KEEL Ave - Photo 9](http://lh.rdcpix.com/b2524ac807053d697f0034f30d37b4b3l-f329858131r.jpg) ![261 KEEL Ave - Photo 10](http://lh.rdcpix.com/b2524ac807053d697f0034f30d37b4b3l-f2590227702r.jpg) ![261 KEEL Ave - Photo 11](http://lh.rdcpix.com/b2524ac807053d697f0034f30d37b4b3l-f3185645782r.jpg) ![261 KEEL Ave - Photo 12](http://lh.rdcpix.com/b2524ac807053d697f0034f30d37b4b3l-f2998568043r.jpg) ![261 KEEL Ave - Photo 13](http://lh.rdcpix.com/b2524ac807053d697f0034f30d37b4b3l-f1890733318r.jpg) ![261 KEEL Ave - Photo 14](http://lh.rdcpix.com/b2524ac807053d697f0034f30d37b4b3l-f576231862r.jpg) ![261 KEEL Ave - Photo 15](http://lh.rdcpix.com/b2524ac807053d697f0034f30d37b4b3l-f990045687r.jpg) --- **MLS#:** 10231609 | **Updated:** 2026-10-20 **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/261-keel-ave-memphis-tn-38107-afd6a6c95ecb4829a2eeeeb550235424) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/261-keel-ave-memphis-tn-38107-afd6a6c95ecb4829a2eeeeb550235424#listing", "url": "https://www.propertysimple.ai/listing/261-keel-ave-memphis-tn-38107-afd6a6c95ecb4829a2eeeeb550235424", "name": "261 KEEL Ave, Memphis, TN 38107", "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. 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