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Multifamily Apartment Building
For Sale
$2,520,000

50 South Morrison Street & 100 N Cooper St., Memphis, TN 38104

For-sale multifamily property offered at two Memphis addresses.

Property SizeContact for details
Days on Market48

Property Features for 50 South Morrison Street & 100 N Cooper St.

General Information

Standard status Active
Property subtype Multifamily

Building Details

Year Built 1962
Listing Agency: Woodyard Realty Corporation
Listed By: Steve Woodyard · License #TN #217464
Source: Woodyardrealty
Added: Jun 25 Changed: Aug 7 Last Checked: Aug 11 at 4:59AM

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 for-sale multifamily apartment building is presented as an income-oriented residential asset under the Other multifamily property category. The offering includes two listed addresses, 50 South Morrison Street and 100 N Cooper St., indicating a property presence at both locations within the same overall offering.

The addresses provided place the asset in Memphis, Tennessee. Prospective buyers should review the site configuration and how the two addresses relate to the underlying buildings and units, as no additional building counts, unit mix, or physical details were provided in the listing information.

For investors and owner-operators seeking a residential income property, this offering may fit as a portfolio add or acquisition candidate where the due diligence focus can include confirming property boundaries, unit configuration, and any operational considerations tied to the two address locations. Because the available information does not specify amenities, condition, or financial details, buyers should plan to evaluate the property through inspections, rent roll review, and documentation of current leases and property improvements before making a purchase decision.

Key Highlights

  • Multifamily property built in 1962

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick HVAC Service Home Appliance Store (Bike/Boat/Book/etc) Store Pet Grooming Service Food Market Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,025
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - For-sale multifamily property offered at two Memphis addresses.
Where is this multifamily property located?
The property is located at 50 South Morrison Street & 100 N Cooper St. Memphis, TN.
What is the asking price?
The asking price for this property is $2,520,000.
What are key features of this property?
This property features: Multifamily property built in 1962
More about this property
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