For Sale
House for sale at 1861 Corning Ave, Memphis, TN 38127 | MLS# 10222979 | Listing updated on 2026-06-02
Beds Icon

Street View

$700,000

Monthly Est:$3,484

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon--sqft

1861 Corning Ave, Memphis, TN 38127

$3,484/moEst:

Get Pre-Approved

  • Apartment

  • Built in 1964

  • $-- HOA

  • -- sqft lot

  • --/sqft

Description

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.

  • Houzeo last checked: 11 minutes ago
  • Listing updated: June 2, 2026 at 6:48 pm
  • Listing Provided by: Dylan Patel (901) 826-8712 | Grand Point Realty, LLC (901) 878-5255
  • Source: Memphis MLS (MAARMLS)-TN | MLS#: 10222979 Memphis MLS (MAARMLS)-TN

Part of

Building
1861 Corning Ave
No reviews yet

Property Details

  • Status

    Active

  • Type

    Condominium

  • No. of Stories

    2

  • County

    Shelby County

  • City

    Memphis

  • Neighborhood

    Frayser

  • Year Built

    1964

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Memphis MLS (MAARMLS)

  • MLS Number

    10222979

  • MLS Status

    Active

  • Days on Market

    128

  • Cumulative Days on Market

    9

Continue Your Journey in App

Find your dream home, receive real-time updates, and many more!

Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Flooring

    Vinyl Floor

  • Heating

    Gas

  • Cooling

    1 Window Unit Per Unit

Construction

  • Year Built

    Year Built: 1964

  • Home type

    Apartment

  • Construction Materials

    Brick

  • Foundation Details

    Slab

  • Roof

    Shingle/shake

Utilities & Energy

  • Parking Features

    Asphalt/blacktop

  • Laundry Features

    None

Other Features

  • Tenant Pays

    Some Utilities

  • Subdivision Name

    Kencor

Price History

DateEventPrice

06/02/2026

Source: mls_logoMemphis MLS (MAARMLS)-TN #10222979

Listed for Sale

$700,000

$0/sqft

Based on information from the Memphis Area Association of REALTORS(R) (alternatively, from the Memphis Area Association of REALTORS® MLS) through Oct 08, 2026, 11:15PM. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose website is being visited. Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it. © 2025 Memphis Area Association of REALTORS®. All Rights Reserved.

Angela Fowler Real Estate, LLC | 423.320.4620
Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736

Advertising Broker: Angela Fowler | Angela Fowler Real Estate, LLC.