2502 Saint Elmo Ave, Memphis, TN 38127

Building Details

Year Built

1973

Listing office d***@woodyardrealty.com Show Phone

Listing date Jun 25, 2026

Source Woodyardrealty

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 David Dorris

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Overview

Beacon Manor Apartments is an apartment building offered for sale by Woodyard Realty Corporation. The property is currently approximately 25% occupied, with the remaining roughly 75% of units vacant. The vacant units are described as ranging from medium turnover to full rehab or renovation, and the broker can provide additional details on the physical condition of the asset.

The property is located at 2502 Saint Elmo Ave in Memphis, Tennessee. Prospective buyers should plan to review the unit condition and renovation scope directly, given the mix of turnover and full rehab/renovation described for the vacant inventory.

This offering may be of interest to buyers and operators looking for a multifamily repositioning opportunity where renovation work can be planned across a substantial portion of the building’s current vacancy. Because the information provided indicates wide variability in unit readiness, due diligence around unit-by-unit condition and the extent of rehabilitation will be important for underwriting and operational planning.

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Accounting Firm Daycare Center Auto Repair Shop Pharmacy

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

Location Insight

• Map
• Local Demand

City

Memphis

County

Shelby

State

Tennessee

Longitude

-89.98065

Latitude

35.233685

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FAQs

What type of property is this?

Apartment building - For-sale apartment building with low current occupancy and a large portion of units needing renovation.

Where is this apartment building located?

The property is located at 2502 Saint Elmo Ave Memphis, TN.

What is the asking price?

The asking price for this property is $1,300,000.

What are key features of this property?

This property features: Beacon Manor Apartments apartment building in Memphis, TN; Built in 1973; Currently ~25% occupied