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Listing Detail - Nashville Home and Farms

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Memphis, TN 38122 4010 SUMMER AVE

$599,000

4010 SUMMER AVE Memphis, TN - Image 14010 SUMMER AVE Memphis, TN - Image 24010 SUMMER AVE Memphis, TN - Image 3
12 more
4010 SUMMER AVE Memphis, TN - Image 44010 SUMMER AVE Memphis, TN - Image 54010 SUMMER AVE Memphis, TN - Image 64010 SUMMER AVE Memphis, TN - Image 74010 SUMMER AVE Memphis, TN - Image 84010 SUMMER AVE Memphis, TN - Image 94010 SUMMER AVE Memphis, TN - Image 104010 SUMMER AVE Memphis, TN - Image 114010 SUMMER AVE Memphis, TN - Image 124010 SUMMER AVE Memphis, TN - Image 134010 SUMMER AVE Memphis, TN - Image 144010 SUMMER AVE Memphis, TN - Image 154010 SUMMER AVE Memphis, TN - Image 16
Presented By: Crye-Leike, Inc., REALTORS
  • MLS# 10220598
  • 05/01/2026
  • Request Tour
  • Request Info
  • Beds • 18
  • Baths • 6
  • SQFT • 5,488

Home Details

FIRE SALE !! 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. Ideal for investors seeking stable returns, low overhead, and long-term appreciation. Opportunities like this are increasingly difficult to find in today’s market. Don’t miss out on this rare investment. Contact me today for additional details or to schedule a private showing.
Presented By: Crye-Leike, Inc., REALTORS

Interior Features for 4010 SUMMER AVE

Bedrooms

# 1 Bedroom Units0
# 2 Bedroom Units
# 3 Bedroom Units6

Other Interior Features

Total # of Units6
# Efficiency/Studio Units0
# Other Units
FLOORS/CEILINGSHardwood Throughout, Tile
Hot WaterElectrical, Public Sewer

General for 4010 SUMMER AVE

Annual City Tax5518
Annual County Tax5751
Area752F
AreaKingsbury
COOLING SYSTEMSCentral
CityMemphis
ClassMulti-Family
ConstructionBrick/Veneer
CountyShelby
DOM41
DirectionsFrom Sam Cooper, turn right onto Graham, then right onto Summer. The property will be on your right.
HEATING SYSTEMSCentral
Laundry Y/NConnections
Legal Subdivision NameBRATTAIN RAYMOND
OPERATING EXPENSESManagement
Parcel Number055069 00049
RoofComposition, Shingle/Shake
Sale/RentFor Sale
Service TypeFull Service Listing
StatusActive
StatusActive
Status Detail0
Stories Count2
TypeApartment Building
Year Built1960

Exterior for 4010 SUMMER AVE

FoundationSlab
LotN PT 18
Lot Size14350
Number of Buildings1
Parking FacilityAsphalt/Blacktop

Additional Details

Price History

Anthony Martin

Agent | Owner
Price $599,000
MLS#10220598
List Date 05/01/2026
Property Type Multi-Family
Phone (731) 616-9391
Request Tour
Request Info
Visit My Website

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