New Listing
$784,000
 $4,209 est/mo Sourced by Back At You

261 Keel Ave,Memphis, TN 38107

Memphis, TN 38107

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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

Details

MLS #10231609
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1968
Days On Site6
Listing Provided ByCrye-Leike Commercial | Jeffrey Moore

Features

Story(s)2
Units8
Building(s)1

Interior

Appliances Or EquipmentRefrigerator, Range/Oven (Freestanding)

Exterior

RoofComposition
ConstructionBrick/Veneer
FoundationSlab

Parking

Parking FacilityAsphalt/Blacktop

Area Information

StateTN
CountyShelby
CityMemphis
Zip Code38107
AreaHarbor Town | Downtown
Subarea741C
Community NameGREENLAW
Listing VS Median (in GREENLAW)
Price:
$784,000
low | high
Med:
$0
On site:
6
low | high
Med:
Sourced by Back At You

Market Activity 38107

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Learn More About This Property

StateTN
CountyShelby
CityMemphis
Zip Code38107
AreaHarbor Town | Downtown
Subarea741C
Community NameGREENLAW
Listing VS Median (in GREENLAW)
Price:
$784,000
low | high
Med:
$0
On site:
6
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $588K - $980K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
602 LOONEY AVE Property Photo 1
$875,000
602 Looney Ave
Memphis, TN 38107
Listing Updated: October 2, 2026 at 11:07:50 AM PDT