2012 Carnes Ave

Memphis, TN 38114

$274,900
Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
a swimming pool in front of the house
a front view of a house with a yard
a front view of a house
a house view with a outdoor space
a view of a house with backyard
a kitchen with a stove a sink and a window
a view of a hallway with wooden floor
a view of an empty room with wooden floor and a window
a view of an empty room with wooden floor and a window
an empty room with wooden floor and windows
an empty room with wooden floor and windows
an empty room with wooden floor and windows
a bathroom with a sink toilet and shower
an empty room with windows
a kitchen with wooden cabinets and a stove top oven
a kitchen with a sink a stove top oven a refrigerator and a window
a kitchen with a stove and a refrigerator
a bathroom with a sink a toilet a mirror and shower
an empty room with wooden floor and windows
an empty room with wooden floor and windows
an empty room with wooden floor and windows
a kitchen with a stove and a refrigerator
an empty room with wooden floor and windows
a bathroom with a sink and a toilet
a view of an empty room with wooden floor and a window
a kitchen with a refrigerator and white cabinets
a white refrigerator freezer and a stove sitting inside of a kitchen

Description

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 the potential to generate $3,200+ in monthly income. Conveniently situated near Downtown Memphis, Midtown,...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 the potential to generate $3,200+ in monthly income. Conveniently situated near Downtown Memphis, Midtown, and major freeway access, this property provides easy access to dining, shopping, and employment centers. Don’t miss this great opportunity to own an income-producing multi-family property!
  1. Listed by Christopher Mosby • ResiAmerica, Inc.

Property Details for 2012 Carnes Avenue

Area
748C
MAAR Subdivision Name
FLOWER GARDEN
Legal Subdivision Name
FLOWER GARDEN
LISTING UPDATED: 12/04/2025 10:42 AM

Property Details for 2012 Carnes Avenue

StatusActive
MLS #10208512
Days on Market56
Taxes$2,534 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fourplex
Year Built1925
Lot Size0.15 AC / 6,525 SF
CountyShelby County

Location

Listing Courtesy of ResiAmerica, Inc.
Add your commute

Building Information for 2012 Carnes Avenue

Stories2Residences4Year Built1925Building Size-Lot Size0.15 AC / 6,525 SF

Payment Calculator

$1,570 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,358

Property Taxes

$211

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2012 Carnes Avenue

Summary
Location and General Information
  • Address: 2012 CARNES AVE
  • Address Search Number: 2012
  • Directions: From Airways and Lamar, west on Lamar towards S Parkway E, right on Carnes Ave, property is on the left
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 10-26-2025
  • Geo Zoom Level: 16.00
  • Map Coordinate: C
  • MLS Map Num: South Memphis/Glenview
Taxes and HOA Information
  • Hot Water: Public Water
  • LVT Date: 10-25-2025
Property
Lot Information
  • Lot Size: 50 X 130.5
  • Lot Num: 133-134
  • Parcel ID: 031107 00011
Property and Assessments
  • Foundation: Partial Basement
  • Service Type: Full Service Listing
Interior and Exterior Features
Exterior Features
  • Roof: Shingle/Shake
Interior Features
  • Floors/Ceilings: Hardwood Throughout, Tile
Multi Family
Multi-Family Information
  • Num of 1 Bedroom Units: 2
  • Num of 2 Bedroom Units: 2
  • Num of 3 Bedroom Units: 0
  • Num of Efficiency Studio Units: 0
  • Num of Buildings: 1
  • Num Other Units: 0
  • Assumption: No Assumption, Other (Call LA)
  • Construction: Brick
  • Cooling Systems: Gas
  • Existing Financing: Other (See REMARKS)
  • Heating Systems: Baseboard, Floor Furnace
  • Laundry: Connections
  • Operating Expenses: Other (Call LA)
  • Parking Facility: Asphalt/Blacktop, Concrete
  • Possession: At Closing
  • Sale Includes: Some Appliances
  • Source Of Info: Current Records
  • Tenant Pays: All Utilities
  • Type Units: 1 BR - 1 Bath, 2 BR - 1 Bath

Property History for 2012 Carnes Avenue

DateEvent & SourcePriceAppreciation
Dec 4, 2025

Price Change

MAARMLS #10208512

$274,900—
Oct 23, 2025

Price Change

MAARMLS #10208512

$289,900—
Oct 23, 2025

Listed (Active)

MAARMLS #10208512

$274,900—
Aug 16, 2025

Temporarily Off Market

MAARMLS #10190241

—
May 21, 2025

Price Change

MAARMLS #10190241

$425,000—
May 8, 2025

Price Change

MAARMLS #10190241

$428,900—
Apr 29, 2025

Price Change

MAARMLS #10190241

$437,100—
Mar 31, 2025

Price Change

MAARMLS #10190241

$439,500—
Mar 20, 2025

Price Change

MAARMLS #10190241

$455,000—
Feb 17, 2025

Price Change

MAARMLS #10190241

$458,900—
Feb 17, 2025

Price Change

MAARMLS #10190241

$455,000—
Feb 17, 2025

Price Change

MAARMLS #10190241

$439,500—
Feb 17, 2025

Price Change

MAARMLS #10190241

$437,100—
Feb 17, 2025

Price Change

MAARMLS #10190241

$428,900—
Feb 17, 2025

Listed (Active)

MAARMLS #10190241

$425,000—
Oct 17, 2024

Permanently Off Market

MAARMLS #10181831

—
Sep 23, 2024

Listed (Active)

MAARMLS #10181831

$485,000—
Jul 19, 2024

Permanently Off Market

MAARMLS #10171416

—
May 23, 2024

Price Change

MAARMLS #10171416

$485,890—
May 1, 2024

Price Change

MAARMLS #10171416

$485,900—
May 1, 2024

Listed (Active)

MAARMLS #10171416

$485,890—
Feb 8, 2024

Permanently Off Market

MAARMLS #10164240

—
Jan 18, 2024

Listed (Active)

MAARMLS #10164240

$489,900—
Jan 13, 2024

Permanently Off Market

MAARMLS #10155994

—
Oct 20, 2023

Listed (Active)

MAARMLS #10155994

—
Oct 11, 2023

Permanently Off Market

MAARMLS #10155994

—
Sep 20, 2023

Price Change

MAARMLS #10155994

$494,500—
Sep 5, 2023

Price Change

MAARMLS #10155994

$495,000—
Sep 5, 2023

Listed (Active)

MAARMLS #10155994

$494,500—
Aug 31, 2023

Permanently Off Market

MAARMLS #10149896

—
Jul 19, 2023

Contract Out

MAARMLS #10149896

—
Jun 11, 2023

Listed (Active)

MAARMLS #10149896

$499,000—
Jun 3, 2023

Permanently Off Market

MAARMLS #10148287

—
May 18, 2023

Listed (Active)

MAARMLS #10148287

$495,000—
Mar 7, 2023

Sold

MAARMLS #10138857

$206,000—
Mar 2, 2023

Sold (Public Record)

Public Record #1507323330

$206,000—
Dec 16, 2022

Contract Signed

MAARMLS #10138857

—
Dec 7, 2022

Listed (Active)

MAARMLS #10138857

$245,000—
Dec 23, 2013

Temporarily Off Market

MAARMLS #3275010

—
Jun 22, 2013

Listed (Active)

MAARMLS #3275010

$71,000—
DateEvent & SourcePrice
12/04/2025

Price Change

MAARMLS #10208512

$274,900
10/23/2025

Price Change

MAARMLS #10208512

$289,900
10/23/2025

Listed (Active)

MAARMLS #10208512

$274,900
08/16/2025

Temporarily Off Market

MAARMLS #10190241

—
05/21/2025

Price Change

MAARMLS #10190241

$425,000
05/08/2025

Price Change

MAARMLS #10190241

$428,900
04/29/2025

Price Change

MAARMLS #10190241

$437,100
03/31/2025

Price Change

MAARMLS #10190241

$439,500
03/20/2025

Price Change

MAARMLS #10190241

$455,000
02/17/2025

Price Change

MAARMLS #10190241

$458,900
02/17/2025

Price Change

MAARMLS #10190241

$455,000
02/17/2025

Price Change

MAARMLS #10190241

$439,500
02/17/2025

Price Change

MAARMLS #10190241

$437,100
02/17/2025

Price Change

MAARMLS #10190241

$428,900
02/17/2025

Listed (Active)

MAARMLS #10190241

$425,000
10/17/2024

Permanently Off Market

MAARMLS #10181831

—
09/23/2024

Listed (Active)

MAARMLS #10181831

$485,000
07/19/2024

Permanently Off Market

MAARMLS #10171416

—
05/23/2024

Price Change

MAARMLS #10171416

$485,890
05/01/2024

Price Change

MAARMLS #10171416

$485,900
05/01/2024

Listed (Active)

MAARMLS #10171416

$485,890
02/08/2024

Permanently Off Market

MAARMLS #10164240

—
01/18/2024

Listed (Active)

MAARMLS #10164240

$489,900
01/13/2024

Permanently Off Market

MAARMLS #10155994

—
10/20/2023

Listed (Active)

MAARMLS #10155994

—
10/11/2023

Permanently Off Market

MAARMLS #10155994

—
09/20/2023

Price Change

MAARMLS #10155994

$494,500
09/05/2023

Price Change

MAARMLS #10155994

$495,000
09/05/2023

Listed (Active)

MAARMLS #10155994

$494,500
08/31/2023

Permanently Off Market

MAARMLS #10149896

—
07/19/2023

Contract Out

MAARMLS #10149896

—
06/11/2023

Listed (Active)

MAARMLS #10149896

$499,000
06/03/2023

Permanently Off Market

MAARMLS #10148287

—
05/18/2023

Listed (Active)

MAARMLS #10148287

$495,000
03/07/2023

Sold

MAARMLS #10138857

$206,000
03/02/2023

Sold (Public Record)

Public Record #1507323330

$206,000
12/16/2022

Contract Signed

MAARMLS #10138857

—
12/07/2022

Listed (Active)

MAARMLS #10138857

$245,000
12/23/2013

Temporarily Off Market

MAARMLS #3275010

—
06/22/2013

Listed (Active)

MAARMLS #3275010

$71,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2012 Carnes Avenue

Taxable ValueLand$6,160Additions$55,960Total$62,120
Tax Record2024$4,091 ($341 / month)
Home Facts
Baths1Total Finished SqFt3,486 SqFtAbove Grade Finished SqFt3,486 SqFtStories1Lot Size958 SqFtStyleMulti-Family Res (5+ Units)Year Built1925Year Renovated1970ZoningRU-1CountySHELBYAPN031-107- - -00011Fireplace TypeHas Fireplace

Schools near 2012 Carnes Avenue

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Alcy Elementary School
Public - PK to 5
Hamilton School
Public - PK to 8
Central High School
Public - 9 to 12
Memphis School of Excellence Cordova
Charter - 6 to 12
Rating
School
Distance
Alcy Elementary School
PublicPK to 5

Hamilton School
PublicPK to 8

Central High School
Public9 to 12

Memphis School of Excellence Cordova
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 2012 Carnes Avenue, Memphis, TN 38114

2012 Carnes Avenue is a multi-family home for sale in Memphis, TN 38114. This property was listed for sale on October 23, 2025 by ResiAmerica, Inc., it's currently listed at $274,900. It has been on the market for a total of 56 days and was last sold on March 7, 2023. This listing's school district is Shelby County Schools. Nearby schools include Alcy Elementary School, Hamilton School and Central High School. 2012 Carnes Avenue is a 0-bed, 0-bath, multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ResiAmerica, Inc.

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR and Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the MAAR and Central West Tennessee Association of Realtors logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by MAAR and Central West Tennessee Association of Realtors. Listing information Copyright© 2025 MLS of MAAR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.