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261 Keel Ave
Memphis, TN 38107 Uptown Memphis

$792,000 USD

Apartments For Sale • 5,616 SF

Property Details

Property Type Apartments
Total Building Size 5,616 SF
Lot Size 0.34 AC
Building Class C
Year Built 1968
Cap Rate 7.85 %

40 Transit Score

60 Walk Score

                
                    Highlights
                
                                All 2-bedroom Units
                            
                                Close to St. Jude Hospital
                            
                                Washers & Dryers

Financial Summary (Proforma)

Net Operating Income: $62,145 USD (2026)

Cap Rate:	7.85 %
Total Expenses:	$23,775 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Central Station (Riverfront Loop - Memphis Area Transit Authority Trolley (MataTrolley))	5 min	-	2.6 mi
Airport	Drive	Walk	Distance
Memphis International	18 min	-	11.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Jeffrey Moore 901-277-0477 Crye-Leike Commercial

261 Keel Ave Memphis, TN 38107 Uptown Memphis