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Orange Mound Foreclosure Home for Sale

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  • 2012 Carnes Ave, Memphis, TN 38114
    2012 Carnes Ave, Memphis, TN 38114
    2012 Carnes Ave, Memphis, TN 38114
    /28

    $254,900

    • 3,486 Sq Ft

    2012 Carnes Ave, Memphis, TN 38114

    Located in a solid rental area, this 4-plex property offers excellent income potential. The property features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, making it a versatile addition to any investment portfolio. One of the 2-bedroom units was previously rented to a Section 8 tenant for $945 per month, demonstrating strong rental demand. With full occupancy, this property has

    Chris Mosby ResiAmerica Inc

    2012 Carnes Ave, Memphis, TN 38114
Tennessee Shelby County Memphis Orange Mound

Foreclosure Homes for Sale in Orange Mound, Memphis

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Home Trends in Orange Mound, TN

On average, homes in Orange Mound, Memphis sell after 64 days on the market compared to the national average of 54 days. The median sale price for homes in Orange Mound, Memphis over the last 12 months is $85,000, down 16% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$85,000
Median Single Family Sale Price
$103,000
Median 2 Bedroom Sale Price
$99,000
Average Price Per Sq Ft
$99
Number of Homes for Sale
64
Last 12 months Home Sales
137
Months of Supply
5.60
Median List Price
$119,250
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
-16%
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Based on information submitted to the MLS GRID

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