Anna Palazola
4010 Summer Ave Memphis, TN 38122
PRICED AT $685,000
Listing Details
- $685,000
- MLS# 10220598
- Type Multi Unit - Multiple
- Status Active
- 18 Bedrooms
- 1960 Year Built
Description
Fully occupied 6-unit multifamily on Summer Ave! PRIME LOCATION! Renovated in 2020, each unit offers 3BR layouts?rare and in high demand, supporting strong tenant retention and consistent income. Major upgrades include new roof, updated plumbing, full electrical rewire, and all HVAC systems and water heaters replaced, delivering a true turnkey, low-maintenance asset. Currently generating approx. $75,000 annually, exceeding the 1% rule with immediate cash flow from day one. Prime location with quick access to Interstate 40 and near Grahamwood Elementary School, increasing tenant demand. Strong rental corridor with excellent accessibility....read more
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/26/2026. The listing information on this page last changed on 05/26/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 05/26/2026 12:00:40 AM EST) or GAMLS (last updated Mon 05/25/2026 11:15:02 PM EST) or CARMLS (last updated Mon 05/25/2026 11:55:18 PM EST) or RCAR MLS (last updated Mon 05/25/2026 11:57:09 PM EST) or MAAR MLS (last updated Mon 05/25/2026 11:57:03 PM EST) or FMLS (last updated Mon 05/25/2026 11:43:29 PM EST) or East Tennessee REALTORS (last updated Mon 05/25/2026 11:54:36 PM EST) or RealTracs (last updated Mon 05/25/2026 11:55:33 PM EST) or Arkansas CARMLS (last updated Mon 05/25/2026 11:26:43 PM EST) or GSMAR MLS (last updated Mon 05/25/2026 9:14:31 PM EST) or Baldwin County MLS (last updated Mon 05/25/2026 11:51:15 PM EST) or Tennesse Virginia MLS (last updated Mon 05/25/2026 11:54:15 PM EST) or Emerald Coast MLS (last updated Mon 05/25/2026 11:55:17 PM EST) or Northeast Oklahoma Real Estate (last updated Mon 05/25/2026 11:23:50 PM EST) or Southern Kentucky MLS (last updated Mon 05/25/2026 9:54:30 PM EST) or SOMO MLS (last updated Mon 05/25/2026 11:56:49 PM EST) or North Georgia MLS (last updated Mon 05/25/2026 10:47:15 PM EST) or Golden Triangle MLS (last updated Mon 05/25/2026 11:58:09 PM EST) or MLS United (last updated Mon 05/25/2026 11:56:11 PM EST) or Lakeway MLS (last updated Mon 05/25/2026 11:51:21 PM EST) or Batesville MLS (last updated Mon 05/25/2026 11:59:57 PM EST) or North Central Mississippi MLS (last updated Mon 05/25/2026 9:34:24 PM EST) or Hot Springs MLS (last updated Mon 05/25/2026 8:27:42 PM EST) or Huntsville/Valley MLS (last updated Mon 05/25/2026 10:58:04 PM EST) or Shoals MLS (last updated Mon 05/25/2026 8:31:32 PM EST) or Tupelo MLS (last updated Mon 05/25/2026 11:42:37 PM EST) or NEAKBOR MLS (last updated Mon 05/25/2026 11:10:31 PM EST) or EAKBOR MLS (last updated Mon 05/25/2026 11:53:05 PM EST) or CWTAR MLS (last updated Mon 05/25/2026 9:13:03 PM EST) or NWAKBOR MLS (last updated Mon 05/25/2026 11:59:13 PM EST) or Upper Cumberland MLS (last updated Mon 05/25/2026 11:59:39 PM EST) or Hattiesburg MLS (last updated Mon 05/25/2026 10:59:12 PM EST) or Puerto Rico MLS (last updated Mon 05/25/2026 11:55:10 PM EST). Real estate listings held by brokerage firms other than Crye-Leike Real Estate Services may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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