261 Keel Ave, Memphis, TN 38107
- $792,000
- List Price
- $792,000
- MLS#
- 10220503
- Property Type
- Multifamily
- Lot Size
- 98.750X148.5
- Status
- ACTIVE
Property Description
261 Keel is an 8-unit multifamily property featuring all 2-bedroom units. Each unit includes central heat and essential appliances: stove, refrigerator, washer, and dryer. Located just north of St. Jude in the growing Uptown area. The property offers scheduled monthly income of $6,570. An attractive opportunity for investors seeking stable rental income near Downtown Memphis. Please do not disturb residents — drive by only.
Additional Information
- Actual Annual Rent
- 78840
- Annual City Tax
- 856
- Annual County Tax
- 892
- Annual Insurance Expense
- 6248
- Construction
- Brick
- Foundation
- Slab
- Hot Water
- Electrical
- Legal Subdivision
- Greenlaw
- Lot
- 214&215
- Lot Size
- 98.750X148.5
- New Financing
- Conventional
- Occupancy
- 100
- Parking Facility
- Asphalt/Blacktop, Concrete
- Roof
- Shingle/Shake, Pitched
- Stories
- 2
- Subdivision
- GREENLAW
- Subtype
- Apartment Building
- Tenant Pays
- Some Utilities
- Year Built
- 1968
Mortgage Calculator
Listing courtesy of Crye-Leike Commercial.
Some or all of the listings displayed may not belong to the firm whose website is being visited
Copyright© 2026 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.