27-Unit Apartment
For Sale
$900,000
2116 HOWELL Ave, Memphis, TN 38108
MULTI_FAMILY - Memphis, TN
Property Size16,416 SF
Price / SF$54.82
Days on Market309
Property Features for 2116 HOWELL Ave
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Subdivision
WILLIAMS SPRINGDALE
Standard status
Active
Size
16,416 SF
Taxes and HOA fees
Tax Annual Amount
2252
Building Details
Year built
1956
Listing Agency:
BHHS Taliesyn Realty · Berkshire Hathaway HomeServices
(901) 466-4000
Listed By:
Leslie Pickett · License #S-55847
(601) 479-3474
Added: Sep 29, 2025
Changed: Aug 2
Last Checked: Aug 3 at 11:06AM
MLS# 10206651
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.
Investment Insights
Based on property information with market context.
This 27-unit apartment complex is located at 2116 Howell Ave in Memphis, TN 38108. The property was built in 1956 and totals 16,416 square feet. Units are individually metered. The unit mix includes 3-bedroom units (4), 2-bedroom units (15), and 1-bedroom units (8). Several exterior and building components have been addressed over time, including replaced sewer lines, concrete work on walkways and stairs, welding work on upstairs railings to bring them to code, and roof replacement in 2017. The parking lot was paved in 2022, and some trees were removed.
The property is described as being just minutes from downtown and in proximity to Midtown, with KIPP Collegiate School next door. Drive by property only, and the property is being sold as-is. The seller notes that 4 to 5 units need complete renovation.
The property is described as being just minutes from downtown and in proximity to Midtown, with KIPP Collegiate School next door. Drive by property only, and the property is being sold as-is. The seller notes that 4 to 5 units need complete renovation.
Key Highlights
- Individually metered 27‑unit apartment complex totaling 16,416 SF
- Unit mix: 4 three‑bedroom, 15 two‑bedroom, and 8 one‑bedroom units
- Roof replaced in 2017
Property Analytics
Property Profile
Current Use
Lease Details
27
Residential units
Location Intelligence
Trade Area within ½ mile
351
Businesses Nearby
Explore this area
Business Placement
Demographics for 38108, TN
17,051
Population
7,881
Households
2.2
Avg Household Size
34
Median Age
11%
College-Educated
73%
High-School Grad
7.6 sq mi
ZIP Area
2,244
Density / Sq Mi
$35,435
Median Household Income
$32,126
Median Earnings
$921
Median Rent
$62,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Individually metered 27-unit apartment complex with a mix of 1-, 2-, and 3-bedroom units.
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: Individually metered 27‑unit apartment complex totaling 16,416 SF; Unit mix: 4 three‑bedroom, 15 two‑bedroom, and 8 one‑bedroom units; Roof replaced in 2017
