For Sale
House for sale at 261 Keel Ave, Memphis, TN 38107 | MLS# 10231609 | Listing updated on 2026-10-08
Photo 1 of House for sale at 261 Keel Ave, Memphis, TN 38107 | MLS# 10231609 | Listing updated on 2026-10-08
Photo 2 of House for sale at 261 Keel Ave, Memphis, TN 38107 | MLS# 10231609 | Listing updated on 2026-10-08
Photo 3 of House for sale at 261 Keel Ave, Memphis, TN 38107 | MLS# 10231609 | Listing updated on 2026-10-08
Photo 4 of House for sale at 261 Keel Ave, Memphis, TN 38107 | MLS# 10231609 | Listing updated on 2026-10-08
11+
Beds Icon

Street View

$784,000

Monthly Est:$3,902

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon5,616sqft

261 Keel Ave, Memphis, TN 38107

$3,902/moEst:

Get Pre-Approved

  • Apartment

  • Built in 1968

  • $-- HOA

  • -- sqft lot

  • $140/sq.ft

Description

This 8-unit opportunity is located north of downtown in the Uptown area.St. Jude's huge expansion continues to create an increased demand for housing in the area. All units are 2BR's with stoves, refrigerators, washers and dryers. The scheduled monthly rents are 6,570. Rents are below market due to over 20 years of ownership. This provides an opportunity to increase rents without major capital improvements. The retiring owner is ready to do a deal with a serious buyer. Drive by only, please.

  • Houzeo last checked: 4 minutes ago
  • Listing updated: October 8, 2026 at 5:52 pm
  • Listing Provided by: Jeffrey Moore (901) 277-0477 | Crye-Leike Commercial (901) 758-5670
  • Source: Memphis MLS (MAARMLS)-TN | MLS#: 10231609 Memphis MLS (MAARMLS)-TN

Part of

Building
261 Keel Ave
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Property Details

  • Status

    Active

  • Type

    Condominium

  • No. of Stories

    2

  • County

    Shelby County

  • City

    Memphis

  • Neighborhood

    Uptown

  • Year Built

    1968

  • HOA Fees

    -

  • Finished Area

    5,616 sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Memphis MLS (MAARMLS)

  • MLS Number

    10231609

  • MLS Status

    Active

  • Days on Market

    6

  • Cumulative Days on Market

    6

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Flooring

    Tile

  • Heating

    Central

  • Appliances

    Range/oven (freestanding), Refrigerator

  • Cooling

    1 Window Unit Per Unit

Construction

  • Year Built

    Year Built: 1968

  • Home type

    Apartment

  • Construction Materials

    Brick/veneer

  • Foundation Details

    Slab

  • Roof

    Composition

Utilities & Energy

  • Parking Features

    Asphalt/blacktop

  • Laundry Features

    Dryer In Unit, Washer In Unit

Other Features

  • Tenant Pays

    Other (call La)

  • Subdivision Name

    Greenlaw

Price History

DateEventPrice

10/08/2026

Source: mls_logoMemphis MLS (MAARMLS)-TN #10231609

Listed for Sale

$784,000 -1.01%

$140/sqft

05/12/2026

Source: mls_logoMemphis MLS (MAARMLS)-TN #10220503

Off Market

$792,000

$141/sqft

Getting Around 261 Keel Ave

Bike Score®

Bike Score

Bikeable

55/100

Walk Score®

Walk Score

Somewhat Walkable

68/100

Transit Score®

Transit Score

Good Transit

52/100

Data provided by Redfin

Based on information from the Memphis Area Association of REALTORS(R) (alternatively, from the Memphis Area Association of REALTORS® MLS) through Oct 09, 2026, 12:15AM. 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.