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4010 Summer Ave, Memphis, TN 38122

$685,000
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BEDS18 BATHS MLS#10220598
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONRAYMOND BRATTAIN
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Property Description

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.

4010 Summer Ave | MLS# 10220598

This multi-family property located at 4010 Summer Ave, Memphis, TN 38122 is currently listed for sale with an asking price of $685,000. Search Memphis real estate on jblome.realestateinbowlinggreen.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central
Heating: Central
Roof Type: Composition, Shingle/Shake
Stories: 2.0
Year Built: 1960

Feature Descriptions

Days on Site: 33
Floors/ Ceilings: Hardwood Throughout, Tile
Units: 6

Listed By / Shown By

Listed By

Agency Name: Crye-Leike, Inc., REALTORS

Shown By

Agent Name: Jessica Blome
Agent Phone: (270) 790-9360
Agency Title: CRYE-LEIKE Executive Realty

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Estimated Payment

$ 4,077.34 per month $3,877.55 Principal & Interest $0.00 Property Tax (data not provided by mls) $199.79 Homeowner's Insurance

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1278 Campbell Lane
Bowling Green, KY 42104
(270) 790-9360
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/03/2026. The listing information on this page last changed on 06/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 06/03/2026 1:25:52 PM EST) or Southern Kentucky MLS (last updated Wed 06/03/2026 11:55:08 AM EST) or SCKY MLS (last updated Wed 06/03/2026 12:13:12 PM EST). Real estate listings held by brokerage firms other than CRYE-LEIKE Executive Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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