Sign up to get new listings emailed daily! JOIN SIGN IN
(615) 870-9082
(615) 870-9082 Email (615) 870-9082
Jai Lipscomb
REALTOR®, ABR, Broker
Refine Search

4010 Summer Ave, Memphis, TN 38122

$685,000
SAVE TOUR THIS HOME
  • 4010 Summer Ave, Memphis, TN 38122 Main Photo

17 Total Photos [Click to View All]

Featured Listing New to the Market Active
BEDS18 BATHS MLS#10220598
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONRAYMOND BRATTAIN NEIGHBORHOODKingsbury
TOUR THIS HOME
Call / TEXT TO ME / Map Listing / Print / Share / Email

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 by Crye-Leike, Inc., REALTORS, with an asking price of $685,000. Search Kingsbury real estate on jailipscomb.crye-leike.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: 3
Floors/ Ceilings: Hardwood Throughout, Tile
Units: 6

Listed By / Shown By

Listed By

Agency Name: Crye-Leike, Inc., REALTORS

agent picture

Shown By

Agent Name: Jai Lipscomb
Agent Phone: (615) 870-9082

Source: MAAR MLS

Estimate Your Payment

Estimated Payment

$ 1,724.30 per month $1,524.51 Principal & Interest $0.00 Property Tax (data not provided by mls) $199.79 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Jai Lipscomb
Jai Lipscomb Cell: (615) 870-9082 Email Me
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 05/04/2026. The listing information on this page last changed on 05/04/2026. 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 Mon 05/04/2026 12:16:21 AM EST) or MAAR MLS (last updated Mon 05/04/2026 12:13:00 AM EST) or RealTracs (last updated Mon 05/04/2026 12:05:34 AM EST). Real estate listings held by brokerage firms other than Crye-Leike Real Estate Services 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.
Privacy Policy / DMCA Notice / ADA Accessibility
Federal Housing Equal Opportunity Realtor
This site is hosted, designed and copyright © 1994 - 2026 by Delta Media Group, Inc. -- Patent Pending --
  

Login to My Homefinder

Forgot Password

Register

Pixel