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Listing Detail - Nashville Home and Farms

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Memphis, TN 38107 261 KEEL AVE

$792,000

261 KEEL AVE Memphis, TN - Image 1261 KEEL AVE Memphis, TN - Image 2261 KEEL AVE Memphis, TN - Image 3
10 more
261 KEEL AVE Memphis, TN - Image 4261 KEEL AVE Memphis, TN - Image 5261 KEEL AVE Memphis, TN - Image 6261 KEEL AVE Memphis, TN - Image 7261 KEEL AVE Memphis, TN - Image 8261 KEEL AVE Memphis, TN - Image 9261 KEEL AVE Memphis, TN - Image 10261 KEEL AVE Memphis, TN - Image 11261 KEEL AVE Memphis, TN - Image 12261 KEEL AVE Memphis, TN - Image 13261 KEEL AVE Memphis, TN - Image 14
Presented By: Crye-Leike Commercial
  • MLS# 10220503
  • 04/30/2026
  • Request Tour
  • Request Info
  • Beds • 16
  • Baths • 8
  • SQFT • 5,616

Home Details

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.
Presented By: Crye-Leike Commercial

Interior Features for 261 KEEL AVE

Bedrooms

# 1 Bedroom Units0
# 2 Bedroom Units8
# 3 Bedroom Units

Other Interior Features

Total # of Units8
Improved SqFt5616
# Efficiency/Studio Units0
# Other Units
FLOORS/CEILINGSTile
Hot WaterElectrical

General for 261 KEEL AVE

Annual City Tax856
Annual County Tax892
Annual Insurance Expenses6248
Annual Operating Expenses11542
Area741C
AreaHarbor Town/Downtown
COOLING SYSTEMS1 Window Unit per Unit
CityMemphis
ClassMulti-Family
ConstructionBrick
CountyShelby
DOM41
DirectionsTake Danny Thomas (N) past Poplar to A.W. Willis. Go (W) on A.W. Willis to 5th Street. Go (N) on 5th Street to Keel. Go (E) on Keel. Property is on the southeast corner of Keel and 5th Street.
HEATING SYSTEMSCentral
Laundry Y/NDryer in Unit, Washer in Unit
Legal Subdivision NameGREENLAW
OPERATING EXPENSESInsurance, Some Utilities, Repairs/Maintenance, Taxes
Parcel Number001084 00001C
Percent Occupancy100
RoofPitched, Shingle/Shake
Sale/RentFor Sale
Service TypeFull Service Listing
StatusActive
StatusActive
Status Detail0
Stories Count2
TypeApartment Building
Year Built1968

Exterior for 261 KEEL AVE

FoundationSlab
Land SqFt14723
Lot214&215
Lot Size98.750X148.5
Number of Buildings1
Parking FacilityAsphalt/Blacktop, Concrete

Additional Details

Price History

Anthony Martin

Agent | Owner
Price $792,000
MLS#10220503
List Date 04/30/2026
Property Type Multi-Family
Phone (731) 616-9391
Request Tour
Request Info
Visit My Website

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