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Buy& Hold (Rental): (4 Units) 3042 McAdoo Avenue, Memphis, TN 38112 + SOLD

Updated: Jan 20

Multifamily Investment Opportunity

Acquisition Price


4 Bedrooms - 4 Bathrooms - 2,460 SF

Great opportunity to add a nice income producing asset to your portfolio. This property is located in the solid rental market of Memphis, TN. Value add is in increasing rents, tenants are currently paying $400-450/month. Total Monthly Income is $1,700/month. Roof is 8 years old. No central HVAC. Electrical has been updated in 3 of 4 units. All existing major items have recently been brought up to current code requirements.For more information or to schedule a showing please email us at

"Brick by Brick"


Work: 313-307-6616

All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. *Realtors add your fee on top*

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