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    2116 Howell Ave Memphis, TN 38108

    For Sale
    $900,000

    Apartment Complex - Memphis, TN

    Days on Market:
    54
    Last Refresh:
    Dec 5 at 4:06 pm

    Property Features for 2116 Howell Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Year built
    1956
    Architectural style
    Other

    Berkshire Hathaway HomeServices Taliesyn Realty (901) 466-4000 [email protected]

    Listing agent Leslie Pickett (901) 466-4000

    Listing date Oct 13, 2025

    MLS# 10206651 Listing URL

    Copyright © 2025 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.

    Overview

    Memphis Apartment Complex Near Midtown

    This 27-unit apartment complex is located in proximity to the Midtown area of Memphis and minutes from downtown, next door to Kipp Collegiate School. The unit mix includes 4 three-bedroom units, 15 two-bedroom units, and 8 one-bedroom units. Updates to the property include replaced sewer lines, concrete work on walkways and stairs, welding work on upstairs railings to bring them up to code, and the removal of some trees. The parking lot was paved in 2022, and the roof was replaced in 2017. The units are individually metered. Four to five units require complete renovation. The property is being sold as is for a cash purchase.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9868927
    Latitude
    35.1674591

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    FAQs

    What type of property is this?
    Apartment building - 27-unit apartment complex near Midtown Memphis with renovation potential.
    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: - Proximity to Midtown Memphis and Downtown.; - 27-unit apartment complex with a mix of unit sizes (1, 2, and 3 bedroom units).; - Recent updates including parking lot paved (2022) and roof replaced (2017).
    (901) 466-4000
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2116 Howell Ave Memphis, TN 38108
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