About This Home

This 0-bedroom, 0-bathroom multi-family at 478 E GEORGIA Ave E in Memphis, TN is listed for $925,000 ($106 per sqft). Built in 1966, the home offers 8,750 sqft of living space on a N/A lot.

Key Features

  • Built in 1966

Property Details

1966
Listing Description

This 14 unit is located near the downtown area. It represents a unique opportunity for an experienced rehab investor. Most of the rehab work has been done. Rehab was from the studs out and includes new electrical and plumbing. The units are all 2 bedrooms. Current rents average 695/mo . Market rents are a minimum of 895. Call listing agent to make arrangements to show. Drive by only, please. Have lender that will finance 90% including rehab costs...

Monthly Cost Estimate

$4,947/mo

20% down · 6.5% · 30 years

Principal$669
Interest$4,008
Insurance$270

Estimates only. Actual payments may vary.

Location

478 E GEORGIA Ave E

Memphis, TN 38126

JOHN BROWN

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 478 E GEORGIA Ave E is listed at $925,000 ($106/sqft). The estimated monthly payment is $4,947 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1966.

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# 10232457· Source: Memphis Area Association of Realtors®· 12 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.

478 E GEORGIA Ave E, Memphis, TN 38126

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