5-Unit Apartment
New
For Sale
$340,000
1173 Vance Avenue, Memphis, TN 38104
The Memphis property is currently operated as short-term rentals, with the option to shift to long-term leasing.
Property SizeContact for details
Days on Market5
Property Features for 1173 Vance Avenue
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
5
Building Details
Year Built
1920
Buildings
1
Units
5
Listing Agency:
Woodyard Realty Corporation
Listed By:
Worth Woodyard · License #356099
(901) 273-6648
Source:
Woodyardrealty
Added: Oct 1
Changed: Oct 3
Last Checked: Oct 4 at 8:12AM
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
Investment Insights
Based on property information with market context.
This five-unit apartment property in Memphis was built in 1920 and is currently used for short-term rentals. Long-term leasing is another stated operating option.
Overton Square and Cooper-Young are identified as nearby destinations, and the property is described as offering access to the Medical District.
Overton Square and Cooper-Young are identified as nearby destinations, and the property is described as offering access to the Medical District.
Key Highlights
- Five‑unit apartment property
- Built in 1920
- Currently used for short‑term rentals; long‑term leasing is an alternative
Property Analytics
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Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
2,855
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - The Memphis property is currently operated as short-term rentals, with the option to shift to long-term leasing.
Where is this apartment building located?
The property is located at 1173 Vance Avenue Memphis, TN.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Five‑unit apartment property; Built in 1920; Currently used for short‑term rentals; long‑term leasing is an alternative
