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734 Lane AveMemphis, TN 38105

CARRINGTONS LANE AVE · Shelby County

$249,000List price
6Beds
3,225Sq Ft
1953Year built
11 weeks agoOn market

Description

Six 1/1 units with $50k annual gross income potential. Steps away from St. Jude main campus and perfectly positioned to provide housing to the staff that keep such a great mission going! 5/6 units occupied. Market rents between $550-$695. Lot's of meat on the bones to make this the star of your real estate investment portfolio. No wholesales, creative financing. Do not disturb tenants. Showings with accepted contract for sale (make contingent on inspection).

Property Information

Property type
Residential Income
Year built
1953
Building area
3,225 Sq Ft
Lot size
11,520 Sq Ft
Days on market
78
MLS® Listing#
10226944

Property Features

Appliances
Electric Water Heater · Gas Water Heater
Heating
Natural Gas
Flooring
Tile · Hardwood · Vinyl
Parking
Off Street
Laundry
None
Construction
Brick
Foundation
Slab
Roof
Shingle

Financial Details

Annual taxes
$2,794
Parcel number
001130 00010

Directions

From North Parkway and Manassas head south down Manassas. Turn west down Lane. Property is on the north side of the street. Last before St. Jude.

Listing Courtesy: Revid Property Management, LLC - 9017257766

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Memphis Area Association of REALTORS®. IDX information is provided exclusively 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. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Memphis Area Association of REALTORS®. All Rights Reserved.

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