Search
Multifamily Apartment Building
For Sale
$16,500,000

543 North Mendenhall Road, Memphis, TN 38122

For-sale multifamily apartment building located on North Mendenhall Road in Memphis, Tennessee.

Property SizeContact for details
Days on Market35

Property Features for 543 North Mendenhall Road

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: Jul 8 Changed: Jul 23 Last Checked: Aug 11 at 5:01AM

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 offered as a residential income property and is presented as an apartment-style asset. The property is located at 543 North Mendenhall Road in Memphis, TN 38122.

The available information characterizes the building in general terms as an “other apartment building” and a multifamily residential income property. No unit count, square footage, or specific property improvements are provided in the listing details you shared.

Key Highlights

  • Multifamily apartment building built in 1962
  • For‑sale multifamily property on North Mendenhall Road in Memphis, Tennessee

Property Analytics

Current Use

Mendenhall Garden Apartments Apartment Building

Suggested Use

Top Pick Law Firm Dental Office Spa & Massage Center Real Estate Agency Parking Lot & Garage Electrical Service

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

219
Businesses Nearby

Demographics for 38122, TN

26,432
Population
10,201
Households
2.6
Avg Household Size
33
Median Age
22%
College-Educated
74%
High-School Grad
6.8 sq mi
ZIP Area
3,887
Density / Sq Mi
$45,456
Median Household Income
$32,760
Median Earnings
$1,127
Median Rent
$108,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - For-sale multifamily apartment building located on North Mendenhall Road in Memphis, Tennessee.
Where is this apartment building located?
The property is located at 543 North Mendenhall Road Memphis, TN.
What is the asking price?
The asking price for this property is $16,500,000.
What are key features of this property?
This property features: Multifamily apartment building built in 1962; For‑sale multifamily property on North Mendenhall Road in Memphis, Tennessee
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message