$224,000
259 Maryland Avenue
Details
APN 013033 00004
Property Type Multifamily
Square Footage 1,560
Net Rentable (SqFt) 4
Units 4
Occupancy 25%
Tenancy Multi
Broker Co-Op True
Class C
Year Built 1958
Year Renovated 2022
Buildings 1
Stories 1
Lot Size (SqFt) 4,662
Zoning 3-4 family
Parking Spaces 4 per key
Multifamily | 4 Units | $56,000/unit
Marketing description
Investor dream! Rare chance to acquire this 4 unit building features three 1-bedroom/1-bath units and one 2-bedroom/1-bath unit — all recently
updated with new flooring, updated cabinetry, and modern finishes throughout. New roof. Window security bars with interior release mechanisms installed. One unit is
currently occupied at $825/month, providing immediate income from day one. The remaining three units are vacant, and cleared. Located in a growing area of Memphis
— we encourage prospective buyers to take a look around on Google Maps and see the new construction and development activity in the surrounding neighborhood.
Schedule your showing today.
Listing Contacts
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Zoning
RU-3 ResidentialMulti FamilyResidential Urban 3
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 168 uses
View all 168 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?
