Cooper-Young Redevelopment
For Sale
$699,000
1051 S COOPER ST, Memphis, TN 38104
Three houses on one parcel in Cooper-Young for sale.
Property SizeContact for details
Days on Market652
Property Features for 1051 S COOPER ST
General Information
Standard status
Active
Property subtype
Commercial/Industrial
Taxes and HOA fees
Annual Taxes
$2,737
Building Details
Year Built
1920
Listing Agency:
Braden, Braden & Braden LLC
(901) 268-8333
Listed By:
John C Cornes · License #303183
(901) 268-8333
Source:
Exitrealty
Added: Oct 29, 2024
Changed: Aug 8
Last Checked: Aug 8 at 6:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Braden, Braden & Braden LLC
Investment Insights
Based on property information with market context.
This offering presents a rare opportunity for landlords and developers in the Cooper-Young neighborhood. Three houses are available for sale as a package on a single parcel. The property offers potential for redevelopment into multifamily, mixed-use, or retail spaces. Located in Cooper-Young, recognized as one of America's best neighborhoods, the site is within walking distance of retail establishments, restaurants, and Liberty Park. Its location is centrally situated within Memphis.
Key Highlights
- Redevelopment Opportunity: Suitable for multifamily, mixed‑use, or retail development.
- Three Houses on One Parcel: Sold as a package, offering immediate rental income or development potential.
- Prime Location in Cooper‑Young: Voted one of the best neighborhoods in America.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,095
Businesses Nearby
Explore this area
Business Placement
Demographics for 38104, TN
22,584
Population
14,315
Households
1.6
Avg Household Size
38
Median Age
52%
College-Educated
93%
High-School Grad
5.0 sq mi
ZIP Area
4,517
Density / Sq Mi
$56,452
Median Household Income
$48,300
Median Earnings
$1,073
Median Rent
$301,100
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?
Commercial land - Three houses on one parcel in Cooper-Young for sale.
Where is this commercial land located?
The property is located at 1051 S COOPER ST Memphis, TN.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Redevelopment Opportunity: Suitable for multifamily, mixed‑use, or retail development.; Three Houses on One Parcel: Sold as a package, offering immediate rental income or development potential.; Prime Location in Cooper‑Young: Voted one of the best neighborhoods in America.
