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Listing Detail - Nashville Home and Farms

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Memphis, TN 38127 1861 CORNING AVE

Presented By: Grand Point Realty, LLC
  • MLS# 10222979
  • 06/02/2026
  • Request Tour
  • Request Info
  • Beds • 28
  • Baths • 14

Home Details

Investment opportunity in North Memphis with immediate cash flow and value add potential. This property is currently stabilized and producing income, offering investors the opportunity to acquire an asset with upside through rent growth and continued management. Current rents are below market in several units, creating the potential to increase revenue over time while maintaining occupancy. Conveniently located near major employment corridors, retail amenities, and transportation routes. Ideal for investors seeking a cash flowing asset with the ability to improve returns through strategic rent adjustments and operational efficiencies. Financial information, rent roll, and additional property details available upon request.
Presented By: Grand Point Realty, LLC

Interior Features for 1861 CORNING AVE

Bedrooms

# 1 Bedroom Units0
# 2 Bedroom Units14
# 3 Bedroom Units

Other Interior Features

Total # of Units14
# Efficiency/Studio Units0
# Other Units
FLOORS/CEILINGSVinyl Floor
Hot WaterOther (See REMARKS)

General for 1861 CORNING AVE

Annual City Tax6516
Annual County Tax6792
Area7250
AreaFrayser - North
COOLING SYSTEMS1 Window Unit per Unit
CityMemphis
ClassMulti-Family
ConstructionBrick
CountyShelby
DOM114
DirectionsFrom Downtown Memphis, take Watkins St. north past Frayser Blvd. Turn right (east) onto Corning Ave. Continue east on Corning Ave to the property at 1861 Corning Ave on the right.
HEATING SYSTEMSGas
Laundry Y/NNone
Legal Subdivision NameKencor
OPERATING EXPENSESOther (Call LA)
Percent Occupancy93
RoofShingle/Shake
Sale/RentFor Sale
Service TypeFull Service Listing
StatusActive
StatusActive
Status Detail0
Stories Count2
TypeApartment Building
Year Built1964

Exterior for 1861 CORNING AVE

FoundationSlab
Lot Size0.85
Number of Buildings1
Parking FacilityAsphalt/Blacktop

Additional Details

Price History

Anthony Martin

Agent | Owner
Price $700,000
MLS#10222979
List Date 06/02/2026
Property Type Multi-Family
Request Tour
Request Info
Visit My Website

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