1695 Ontario Ave

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25 UNITS | 100% OCCUPIED | OWNER FINANCING AVAILABLE! Excellent opportunity to acquire two fully occupied multifamily buildings totaling 25 units (16 + 9) in Memphis. All units feature 2 bedrooms and 1 bathroom, generating approximately $276,000 in annual base rental income at current rents. Immediate income with established tenants and professional property management already in place and willing to remain. Potential for additional revenue growth. Ideal for investors looking to expand their portfolio or acquire a stabilized, income-producing multifamily asset. Owner financing available with acceptable terms. Purchase both buildings together or inquire about individual purchase options. Contact the listing broker for rent roll, financials, financing details and additional information. Owner/Agent.

Listing courtesy of RP Newman Realty LLC © 2026 Memphis Area Association of REALTORS®. The information provided is for the consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but not guaranteed. Some or all of the listings displayed may not belong to the firm whose website is being visited and may not represent all properties offered for sale through the MAAR Multiple Listing Service. Data last updated: Friday, October 2nd, 2026 at 02:56:28 PM.
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Price:$1,695,000
Address:1695 Ontario Ave
City:Memphis
County:Shelby
State:Tennessee
Zip Code:38127
MLS:10231501
Year Built:1974

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