2012 Carnes Ave, Memphis, TN 38114
Property image
Property image
FOR SALE

$209,900

Original price: $229,900
  • Studio
  • 3,486 sqft

2012 Carnes Ave, Memphis, TN 38114

Midtown
Est. Mortgage $1,364/mo*
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Home Highlights

Multi-Family
Built in 1925
$60/sqft

Local Information

  • Map ViewExplore the area around 2012 Carnes Ave.
  • Schools2 Preschool Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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!
Last check for updates: about 17 hours ago
Listing Provided by: Christopher Mosby, (901) 830-7200
ResiAmerica Inc, (901) 730-8044
Source: RealTracs MLS as distributed by MLS GRID, MLS#3129745
Also Listed on MAAR, RealTracs MLS as distributed by MLS GRID, MAAR.

Home Details for 2012 Carnes Ave

Active Status

MLS Status: Active

Interior Features

Dimensions and Layout
Living Area: 3486 Square Feet
Appliances & Utilities
Laundry: Individual
Heating & Cooling
Has CoolingAir Conditioning: GasNo Heating
Windows, Doors, Floors & Walls
Flooring: Wood, Tile
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Wood, Tile
View
No View

Exterior Features

Exterior Home Features
Roof: OtherNo Private Pool
Parking & Garage
No Attached Garage
Frontage
Not on Waterfront

Days on Market

Days on Market: 136

Property Information

Year Built
Year Built: 1925
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: QuadruplexArchitecture: Quadruplex
Building
Construction Materials: BrickNot a New ConstructionAttached To Another Structure
Property Information
Parcel Number: 031107 00011

Price & Status

Price
List Price: $209,900Price Per Sqft: $60
Status Change & Dates
Possession Timing: Immediate

Location

Direction & Address
City: MemphisCommunity: Flower Garden

Agent Information

Listing Agent
Listing ID: 3129745

Building

Building Area
Building Area: 3486 Square Feet

Community

Not Senior Community

Lot Information

Lot Area: 6525 sqft

Business

Expense
Tenant Pays: Electricity, Water, Gas

Miscellaneous

Mls Number: 3129745Attribution Contact: 9018307200

Around this home

Neighborhood Overview

Midtown
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Midtown

At least 447 Trulia users voted on each feature.

  • 92 % Say there are sidewalks

  • 87 % Say it's dog friendly

  • 78 % Say car is needed

  • 77 % Say parking is easy

  • 77 % Say yards are well-kept

  • 73 % Say it's walkable to restaurants

  • 71 % Say streets are well-lit

  • 65 % Say there's holiday spirit

  • 59 % Say neighbors are friendly

  • 57 % Say it's walkable to grocery stores

  • 56 % Say kids play outside

  • 54 % Say they plan to stay for at least 5 years

  • 47 % Say people would walk alone at night

  • 43 % Say it's quiet

  • 41 % Say there are community events

  • 36 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Leilani Hanna
    "Why is the street view blurred grrr! We are looking to move "
    0
    Flag
  • Jordan Purdham
    "The best part about Memphis’ lack of growth is the lack of traffic. Commutes are easy if your car is able to withstand poor roads and you are willing to look both ways before proceeding at a green light"
    2
    Flag
  • Finley Flanagan
    "There are a lot of families in the neighborhood. The kids love to play outside. Like with any Memphis neighborhood though, the streets can turn rough very quickly. "
    2
    Flag
  • Nicole Priola
    "I can’t wait to move out of Memphis this is a nice neighborhood but this city is dysfunctional. I cannot wait to move "
    25
    Flag
  • Nicole Priola
    "Love the proximity to the Overton Park and Overton Square. The neighborhood is walkable with old trees. "
    9
    Flag
  • Allanchandler
    "Historical area lived here for 20 years. The house has been in my family since 1926. the homes are older, but they’re well maintained."
    6
    Flag
  • Mollie Daughety
    "Midtown is full of dog friendly businesses, dog parks, and dog related events. It’s honestly out of the norm to find a rental in the area that’s not dog friendly and it’s nice to get to know your neighbors on walks or at the dog parks."
    2
    Flag
  • Jordan H
    "Less short term rental options and lower rental costs. A good amount of crime still happens in midtown"
    15
    Flag
  • Trulia User
    "Crosstown concourse is great for the neighborhood. Great walking area also. Also great in between from downtown and midtown. "
    3
    Flag
  • Trulia User
    "We are the Best Kept Secret in Midtown. Annesdale Snowden Subdivision. The evening is great time for walking and dog walking. "
    2
    Flag
  • Trulia User
    "Lived in this area for 25+ years. Great place to live. Lots to do and nice neighbors and lifestyle. "
    8
    Flag
  • Trulia User
    "People walk their dog's often and seem to create dog walking friend groups in the neighborhood. The low traffic volume in the neighborhood seems very safe for walking. "
    2
    Flag
  • Trulia User
    "there is a police department in the area. there are schools in the area. there a library in the neighborhood. Corner stores in the neighborhood. laundry mates are in the neighborhood near by."
    0
    Flag
  • Trulia User
    "lots of different characters around the Mid- town area it's a lot of restaurants stores friendly people there's always something to do over there they have parks for kids dogs the real nice community"
    1
    Flag
  • Jordan Maxwell
    "There is nothing but trash and broken glass all around the complex but especially on the walk outside of the gates. If you want to get to a good walking neighborhood, your dog needs shoes. Also, no one picks up after their pet here and the management doesn't have any waste stations despite charging a lot to have pets here."
    2
    Flag
  • Trulia User
    "There's a bus stop right by the complex that takes you North but it's easy to connect to get downtown or closer to the not crappy part of midtown"
    0
    Flag
  • Trulia User
    "i don’t commute anywhere but from what i’ve heard it’s a pleasant drive. i enjoy driving in midtown because there are tons of trees"
    0
    Flag
  • Celes P.
    "The people around me are great nice quit respectful genuine people I love seeing them walk there pets and jog through very beautiful neighborhood "
    18
    Flag
  • Wren L. M.
    "Most apartments are very pet-friendly. Lots of friendly dog owners around and nice neighborhoods to walk in. "
    4
    Flag
  • Mlryland
    "There are Lots of dogs in the neighborhood, so many places to sniff when we are walking. Parks are nearby too"
    2
    Flag
  • Mlryland
    "Lots of dogs, interesting places to walk... but sidewalks are terrible. A downfall of a city that places sidewalk responsibility on homeowners."
    1
    Flag
  • Kempton D.
    "Dog owners would love the environment and the community. It’s very quiet, calm and collective. I have many friends who stay in midtown and I also work in midtown. "
    0
    Flag
  • Jabari.medici
    "It is central to everywhere. It is close to downtown without all the congestion. Great open spaces but homely feeling"
    16
    Flag
  • Jordan P.
    "The sidewalks and streets are always full of people, families, and dogs walking around, playing, and saying hi to each other. You never know who you might run into or meet. It’s all the more wonderful because grocery stores, restaurants, and the city are all so close!"
    3
    Flag
  • Abigail A. H.
    "Concerts and art galleries, walks in the park. Lots of kids and pets, schools and churches. Just wish there was public transit."
    1
    Flag
  • Aleathea C.
    "There really isn’t anything to worry about around here but I think you’ll love the neighborhood if you come explore"
    1
    Flag
  • Londonvwood
    "Festivals and gatherings like crawfish festival and Cooper young festival. Everybody is friendly everywhere you go."
    1
    Flag
  • Mosesasher22
    "I love the culture. The historic districts, I love how friendly the people are and how close knit everyone is. Snowden is great school and my son loves it. "
    10
    Flag
  • Rhonda P.
    "Cooper and young festival and every holloween, the entire neighborhood pass out candy to the kids. this "
    0
    Flag
  • Reynoldsk444
    "It’s a pretty good neighborhood and it’s safe however it’s in an busy area so it’s always loud and a lot of traffic."
    1
    Flag
  • Dan
    "Nearly every home owner decorates for Christmas. And a lot of neighbors walk, especially in the evening to look at the lights. "
    2
    Flag
  • Tmargette
    "I love midtown. It has a great energy and feel to it. There is a big art community here, and lots of restaurants and bars. "
    0
    Flag
  • T.T.S.
    "Perfect 10 to 15 minutes anywhere in Memphis from Midtown the heart of the city. Yet you are nearby things in walking distance which is what I LOVE ABOUT Midtown!"
    0
    Flag
  • Justohsokayla
    "Commute isn’t optimal. But that’s just Memphis and Shelby County as a whole. The public transit throughout the city is unreliable and make it difficult to be punctual anywhere without being, two hours at a minimum, early. Makes it difficult to schedule around. "
    0
    Flag
  • LisaGail
    "We live in the Evergreen Historic District and we absolutely love it! Great neighborhood for families. "
    0
    Flag
  • Jermar B.
    "Great quiet neighborhood for family and children... great neighbors and nice people. I highly recommend the neighborhood for families of all sizes.."
    0
    Flag
  • Kass N.
    "easy commute to almost anywhere in memphis, traffic not bad at all! I work on Summer Ave and it's a 10 min commute"
    0
    Flag
  • Frederick T.
    "The only problem is that there are too many homeless people hanging around and going through your garbage."
    5
    Flag
  • Clare S.
    "Farmers markets, art markets, public events at the park, zoo events, levett shell concerts. The people are friendly and welcoming. "
    1
    Flag
  • Roxana V.
    "Family neighborhood. Quiet. Stores nearby. I love it to live here. A lot of things to do with children. "
    2
    Flag

Market trends in Midtown

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$192K
$2.75KMoM
Sale-to-List Price
97.8%
0.3%MoM
Price per sq ft
$125
$7MoM
Available listings
487
26MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1800 Foster Ave, Memphis, TN
0.40
Multi-Family Home
$251,500
03/02/26
-
2,613
1394 Chadwick Cir, Memphis, TN
0.48
Multi-Family Home
$190,000
03/24/26
4
2
1,820
1360 Chadwick Cir, Memphis, TN
0.44
Multi-Family Home
$175,000
12/03/25
4
2
1,780
1378 Chadwick Cir, Memphis, TN
0.48
Multi-Family Home
$165,000
11/24/25
4
2
1,820
1231 Meda St, Memphis, TN
0.33
Multi-Family Home
$184,900
07/31/26
2
2
1,280
2275 Longstreet Dr, Memphis, TN
0.41
Multi-Family Home
$131,251
06/09/26
4
2
1,968
1009 Rozelle St, Memphis, TN
0.71
Multi-Family Home
$353,000
05/08/26
-
3,264

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
2008 Waverly Ave, Memphis, TN 38114
0.06
$204,000
3
2
1,450
Recently Sold
2027 E McLemore Ave, Memphis, TN 38114
0.09
$212,100
3
2
1,268
Off Market
2037 E McLemore Ave, Memphis, TN 38114
0.10
$206,000
3
2
1,483
Off Market
2049 E McLemore Ave #75, Memphis, TN 38114
0.11
-
-
-
-
Off Market
2036 E McLemore Ave NE, Memphis, TN 38114
0.13
$175,500
2
2
1,246
Off Market
1181 Tanglewood St, Memphis, TN 38114
0.11
$122,800
3
1
1,310
Off Market
1151 Tanglewood St, Memphis, TN 38114
0.13
$255,000
3
1
1,632
Recently Sold
2004 E McLemore Ave, Memphis, TN 38114
0.12
$118,100
2
1
-
Off Market
1985 McLemore St #4, Memphis, TN 38114
0.10
$236,700
3
2
-
Off Market
1985 McLemore St, Memphis, TN 38114
0.10
$258,800
3
2
1,778
Off Market
2054 E McLemore Ave, Memphis, TN 38114
0.14
$212,500
3
2
1,445
Off Market

Price and Tax history

DateEventPrice
Aug 17, 2026
Source: MAAR #10208512
PriceChange
$209,900
Price decreased by 9%
Jul 23, 2026
Source: MAAR #10208512
PriceChange
$229,900
Price decreased by 10%
May 4, 2026
Source: MAAR #10208512
PendingToActive
$254,900
Apr 9, 2026
Source: MAAR #10208512
Pending
$254,900
Jan 22, 2026
Source: MAAR #10208512
PriceChange
$254,900
Price decreased by 7%

LGBTQ Local Legal Protections

Christopher Mosby, ResiAmerica Inc, (901) 730-8044
Agent Phone: (901) 830-7200
Based on information submitted to the MLS GRID as of 2026-09-17 14:43:20 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

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Frequently asked questions about 2012 Carnes Ave

  • What is the estimated monthly payment for 2012 Carnes Ave?
    Based on a $209,900 list price with 20% down at today's rates, the estimated monthly payment for 2012 Carnes Ave in Memphis, TN is approximately $1,380 (about $1,137 principal & interest, $168 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 2012 Carnes Ave compare to homes in Memphis?
    2012 Carnes Ave in Memphis, TN is listed at $209,900, about 9% above the $192K median sale price in Memphis.
  • What do residents say about the Midtown neighborhood?
    Residents describe the Midtown neighborhood in Memphis, TN as pedestrian-friendly, dog-friendly, and easy to park in. See homes for sale in Midtown, Memphis.
  • What are the closest schools to 2012 Carnes Ave?
    The closest schools to 2012 Carnes Ave in Memphis, TN are Alcy Elementary School (Pre-K, rated 3/10), Central High School (rated 4/10), Hanley K-8 (Pre-K/Elementary/Middle, rated 4/10).
  • Does 2012 Carnes Ave have air conditioning?
    Yes, 2012 Carnes Ave in Memphis, TN has air conditioning.
  • Does 2012 Carnes Ave have laundry facilities?
    Yes, 2012 Carnes Ave in Memphis, TN has laundry facilities.
2012 Carnes Ave, Memphis, TN 38114 is a studio, 3,486 sqft multi-family built in 1925. 2012 Carnes Ave is located in Midtown, Memphis. This property is currently available for sale and was listed by RealTracs MLS as distributed by MLS GRID on Feb 13, 2026. The MLS # for this home is MLS# 3129745.