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123 Majuba Ave Memphis, TN 38109

Sponsored
For Sale
$239,900

Fourplex - Memphis, TN

Days on Market:
5
Last Refresh:
Jan 27 at 1:06 am

Property Features for 123 Majuba Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active

Building Details

Year built
1950
Architectural style
Other

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Listing Contact
Nickie Langley-Permenter

Memphis Property Management Professionals, MPMP, LLC (901) 756-5776

Listing agent Nickie Langley-Permenter (901) 756-5776

Listing date Jan 23, 2026

MLS# 10213536 Listing URL

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Recently Renovated Memphis Fourplex

This multifamily property in Memphis, Tennessee, is a fourplex where all units are currently occupied. The property underwent a full rehabilitation in 2024, which included a new roof, new appliances (ovens, microwaves, and stackable washer/dryers in all units), new sewer lines, major electric and plumbing work, new HVAC units, new light fixtures, and bath and kitchen renovations (with the exception of existing kitchen cabinets). New concrete parking has also been poured. This residential income property is located in Memphis, TN, and presents a strong income-producing opportunity.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Memphis
County
Shelby
State
Tennessee
Longitude
-90.0669696
Latitude
35.0968844

FAQs

What type of property is this?
Quadplex - Fully renovated fourplex in Memphis, Tennessee with strong income potential.
Where is this quadplex located?
The property is located at 123 Majuba Ave Memphis, TN.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: - Fully rehabbed in 2024 including new roof, appliances, sewer lines, electric, plumbing, HVAC, light fixtures, bath and kitchen renovations (except cabinets), and concrete parking.; - All units are occupied, providing immediate income.; - New appliances in all units: ovens, microwaves, and stackable washer/dryers.
More about this property
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