4-Unit Multifamily Building in
New
For Sale
$185,000
226 E ALSTON Ave, Memphis, TN 38126
Multi-Family, Memphis, TN
Property Size3,055 SF
Price / SF$60.56
Days on Market2
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Property Features for 226 E ALSTON Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Subdivision
JAMES LEE CURTIS PLACE
Standard status
Active
Building Details
Year built
1930
Listing Agency:
BHHS Taliesyn Realty · Berkshire Hathaway HomeServices
Listed By:
Arlexus Holmes
(901) 466-4000
Added: Oct 14
Last Checked: Oct 15 at 4:06PM
MLS# 10232440
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.
Investment Insights
Based on property information with market context.
This multifamily property is being developed as four two-bedroom, one-bath units across approximately 3,055 square feet. Seller-reported construction progress includes about 80% framing completion, a roof structure with shingles still to be installed, and completed plumbing rough-in and top-out work that has passed. Architectural plans are available. The property is offered as-is, and the reported construction details and unit configuration should be independently verified.
The building is near downtown Memphis and the VA office, at 226 E Alston Ave. It was built in 1930.
The building is near downtown Memphis and the VA office, at 226 E Alston Ave. It was built in 1930.
Key Highlights
- Four planned units, each with 2 bedrooms and 1 bath
- Approximately 3,055 square feet
- Seller reports approximately 80% framing completion
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
574
Businesses Nearby
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Business Placement
Demographics for 38126, TN
5,717
Population
3,260
Households
1.8
Avg Household Size
32
Median Age
14%
College-Educated
82%
High-School Grad
1.9 sq mi
ZIP Area
3,009
Density / Sq Mi
$30,825
Median Household Income
$32,396
Median Earnings
$794
Median Rent
$59,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Plans show four two-bedroom, one-bath units, with framing and plumbing work completed to reported milestones.
Where is this quadplex located?
The property is located at 226 E ALSTON Ave Memphis, TN.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Four planned units, each with 2 bedrooms and 1 bath; Approximately 3,055 square feet; Seller reports approximately 80% framing completion
