Orange Mound Foreclosure Home for Sale

/28
$254,900

$35K PRICE DROP
- 6 Beds
- 3,411 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
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Home Prices in Orange Mound, TN

The median home sale price in Orange Mound, Memphis is $85,000, down 15% year-over-year. Homes in Orange Mound sell in 67 days on average, compared to the national average of 58 days.

Home Price Trends

Median Sale Price $85,000	Median Single Family Sale Price $110,000
Median 2 Bedroom Sale Price $78,000	Median 1 Bedroom Sale Price $77,000
Average Price Per Sq Ft $101	Number of Homes for Sale 85
Last 12 months Home Sales 133	Months of Supply 7.70
Median List Price $120,000	Median Change From 1st List Price 8%
Median Home Sale Price YoY Change -15%

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