Description
Greenland presents a refreshed 4-plex opportunity positioned directly next to a park, offering both lifestyle appeal and strong investment potential. Recently updated with new flooring, fresh paint, and a clean, modernized feel throughout, each unit is move-in ready and primed for increased rents. Prior to renovations, units averaged just under $800/month, leaving clear upside for improved returns. Tenants will enjoy immediate access to green space, adding desirability and long-term retention value. Whether you're expanding your portfolio or stepping into multifamily ownership, Greenland combines location, updates, and income potential in one compelling asset.
Details
| MLS # | 10217289 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1970 |
| Days On Site | 162 |
| Listing Provided By | eXp Realty, LLC | Garth Ward |
Features
| Story(s) | 2 |
|---|---|
| Units | 4 |
| Building(s) | 1 |
Exterior
| Roof | Composition |
|---|---|
| Construction | Brick |
| Foundation | Slab |
Parking
| Parking Facility | Asphalt/Blacktop, Concrete |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38106 |
| Area | South Memphis | 61 Hwy |
| Subarea | 747B |
| Community Name | GREENLAND HEIGHTS |
| Listing VS Median (in GREENLAND HEIGHTS) | |
Price: $255,000 low | high Med: $0 On site: 162 low | high Med: | |
Market Activity 38106
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38106 |
| Area | South Memphis | 61 Hwy |
| Subarea | 747B |
| Community Name | GREENLAND HEIGHTS |
| Listing VS Median (in GREENLAND HEIGHTS) | |
Price: $255,000 low | high Med: $0 On site: 162 low | high Med: | |
Nearby Listings (Within 1/10 mile)
Price: $191K - $318K
sqft: 0 - 0
Listing Updated: August 28, 2026 at 4:18:05 PM PDT