Multifamily Apartment
1060-1066 & 1070-1076 Merriwether Avenue, Memphis, TN 38105
For Sale
$2,275,000
For-sale multifamily apartment buildings offering residential income housing in Memphis, Tennessee.
Property SizeContact for details
Days on Market143
Property Features for 1060-1066 & 1070-1076 Merriwether Avenue
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Units
Listing Agency:
Woodyard Realty Corporation
Listed By:
Steve Woodyard · License TN #217464
(901) 277-7731
Source:
Woodyardrealty
Added: Jun 25
Changed: Nov 12
Last Checked: Nov 12 at 6:15AM
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 Woodyard Realty Corporation
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Investment Insights
Based on property information with market context.
This offering includes multifamily apartment buildings presented as a residential income property for buyers seeking an ownership position in apartment housing. The transaction is structured for sale, and the property is comprised of multiple addresses within the same offering: 1060–1066 and 1070–1076 Merriwether Avenue.
The buildings are located at 1060-1066 & 1070-1076 Merriwether Avenue in Memphis, Tennessee 38105. Prospective buyers can review the specific building features and supporting documents during their due diligence to determine how the assets fit within their underwriting and operating strategy.
As a multifamily, this property may appeal to investors and operators looking to acquire apartment-based residential income real estate. Buyers typically evaluate factors such as unit mix, current and historical occupancy, rent roll performance, and the condition of building systems and common areas, along with any available property management or operating history. During review, confirm all income and expense details, lease terms, and any physical or regulatory considerations that may affect operations. Because the listing information provided is limited, interested parties are encouraged to request the full offering materials to assess the buildings more completely and to support a final investment decision.
The buildings are located at 1060-1066 & 1070-1076 Merriwether Avenue in Memphis, Tennessee 38105. Prospective buyers can review the specific building features and supporting documents during their due diligence to determine how the assets fit within their underwriting and operating strategy.
As a multifamily, this property may appeal to investors and operators looking to acquire apartment-based residential income real estate. Buyers typically evaluate factors such as unit mix, current and historical occupancy, rent roll performance, and the condition of building systems and common areas, along with any available property management or operating history. During review, confirm all income and expense details, lease terms, and any physical or regulatory considerations that may affect operations. Because the listing information provided is limited, interested parties are encouraged to request the full offering materials to assess the buildings more completely and to support a final investment decision.
Key Highlights
- Multifamily apartment buildings for sale in Memphis, Tennessee
- Year built: 1965
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
2,558
Businesses Nearby
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Business Placement
Demographics for 38105, TN
6,232
Population
4,145
Households
1.5
Avg Household Size
39
Median Age
22%
College-Educated
81%
High-School Grad
1.7 sq mi
ZIP Area
3,666
Density / Sq Mi
$29,316
Median Household Income
$34,969
Median Earnings
$928
Median Rent
$75,400
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Memphis, TN
Properties on Market for Apartment buildings in Memphis
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - For-sale multifamily apartment buildings offering residential income housing in Memphis, Tennessee.
Where is this apartment building located?
The property is located at 1060-1066 & 1070-1076 Merriwether Avenue Memphis, TN.
What is the asking price?
The asking price for this property is $2,275,000.
What are key features of this property?
This property features: Multifamily apartment buildings for sale in Memphis, Tennessee; Year built: 1965
