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    Individually Metered Apartment Complex Title is generated by Realmo AI

    2116 HOWELL Ave, Memphis, TN 38108

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    For Sale
    $900,000

    MULTI_FAMILY - Memphis, TN

    Type:Apartment
    Property size:
    16,416 SF
    Price / SF:
    $54/SF
    Added:
    Sep 29, 2025
    Days on Market:
    262
    Last Refresh:
    Jun 17 at 5:06 am

    Property Features for 2116 HOWELL Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    Size
    16,416 SF

    Taxes and HOA fees

    Tax Annual Amount
    2252

    Building Details

    Year built
    1956

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    Listing Contact
    Leslie Pickett
    Leslie Pickett

    Listing agent Leslie Pickett License #S-55847

    Listing office BHHS Taliesyn Realty 465 Jack Kramer Dr., Ste 1, Memphis, TN

    Listing date Sep 29, 2025

    MLS# 10206651 Listing URL

    Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 27‑unit apartment complex near Midtown Memphis and minutes from downtown
    • Unit mix: 4 three‑bedroom units, 15 two‑bedroom units, and 8 one‑bedroom units
    • Individually metered units
    • Recent updates include sewer line replacements, walkway and stair concrete work, and welding/railings brought to code
    • Parking lot was paved in 2022 and the roof was replaced in 2017
    • As‑is sale; 4–5 units need complete renovation

    Overview

    This property is a 27-unit apartment complex featuring a unit mix of four 3-bedroom units, fifteen 2-bedroom units, and eight 1-bedroom units. The complex is individually metered. Recent improvements include sewer line replacement, concrete work on walkways and stairs, welding work on upstairs railings to bring them to code, and a paved parking lot completed in 2022. The roof was replaced in 2017. Some work remains, as 4 to 5 units need complete renovation. The property is being sold as-is, and prospective parties are instructed to drive by only.

    The building is located near Midtown Memphis and is described as minutes from downtown. The property is next door to KIPP Collegiate School. No additional access, frontage, or traffic details were provided.

    For buyers or investors seeking a multifamily asset with individually metered units, the existing rental mix provides immediate unit diversity across one-, two-, and three-bedroom configurations. With a portion of the units requiring full renovation, the property may appeal to operators prepared for value-add work while leveraging the documented exterior and systems updates, including roof replacement and more recent site improvements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.986772
    Latitude
    35.167704

    FAQs

    What type of property is this?
    Apartment building - 27-unit apartment complex with individually metered units and a mix of one-, two-, and three-bedroom layouts.
    Where is this apartment building located?
    The property is located at 2116 HOWELL Ave Memphis, TN.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: 27‑unit apartment complex near Midtown Memphis and minutes from downtown; Unit mix: 4 three‑bedroom units, 15 two‑bedroom units, and 8 one‑bedroom units; Individually metered units
    More about this property
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