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1954 Manila Ave

Memphis, TN 38114
  • $475,000
  • STATUS: Active
  • ON SITE: 33 Days
  • MLS #: 10221042
Price Reduced
UPDATED: 34 min ago
$475,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1911
County:

School Ratings & Info

Description

Great investment opportunity with income already in place! 1954 Manila Ave is a triplex featuring one 1 bedroom / 1 bath unit and two 2 bedroom / 1 bath units. Two units are currently tenant occupied, offering immediate rental income, while one vacant unit is available for showings — perfect for owner-occupants or investors looking to set their own rental rate. Convenient location with strong income potential and multiple living configurations. Whether you're looking to expand your investment portfolio or get started in multi-family ownership, this property offers great upside and opportunity!

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© 2026 Memphis Area Association of REALTORS®. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Red Sea Realty Co LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2026-06-10T14:03:34.18.
www.redsearealtyco.com/homes/176218787
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1954 Manila Ave Memphis, TN 38114

  • Price: $475,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 34 min ago
  • MLS #: 10221042
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1911
Built
Neighborhood:
Cooper Young
County:
Shelby
Area:
Central Gardens
Property Description
Great investment opportunity with income already in place! 1954 Manila Ave is a triplex featuring one 1 bedroom / 1 bath unit and two 2 bedroom / 1 bath units. Two units are currently tenant occupied, offering immediate rental income, while one vacant unit is available for showings — perfect for owner-occupants or investors looking to set their own rental rate. Convenient location with strong income potential and multiple living configurations. Whether you're looking to expand your investment portfolio or get started in multi-family ownership, this property offers great upside and opportunity!
Exterior Features

Buildings 1 Construction Vinyl Siding Foundation Slab Lot Size 50x128 Misc Exterior SidewalksWood Fence Parking Facility 1 Per Unit Roof Shingle/Shake

Interior Features

Cooling Systems Central Floors And Ceilings Hardwood ThroughoutTile Heating Systems Central Hot Water Public SewerPublic Water Laundry Connections

Property Features

1 Bedroom Units 1 2 Bedroom Units 2 3 Bedroom Units 0 Annual City Tax 5090 Annual County Tax 5305 Assumption No Assumption Efficiency Studio Units 0 Existing Financing Conventional Fixed Legal Subdivision Name McLaughlin Lot Number 171 Multifamily Type Triplex New Financing Conventional Operating Expenses Management Other Units 0 Possession Negotiable Sale Includes Other (See REMARKS) Source Of Info Current RecordsOwner Tenant Pays All UtilitiesPet DepostSecurity Deposit Type Of Leases Year Type Of Units 1 BR - 1 Bath2 BR - 1 Bath

Listing information © 2026 Memphis Area Association of REALTORS®.
Listing provided courtesy of Keller Williams: 662-892-4000.



© 2026 Memphis Area Association of REALTORS®. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Red Sea Realty Co LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2026-06-10T14:03:34.18.
 
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Red Sea Realty Co LLC
6812 Crumpler Blvd, Suite 104
Olive Branch MS, 38654