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Four-Unit Residential Income Property
For Sale
$340,000

2053 Linden Av.e, Memphis, TN 38104

Four-unit multifamily with three 1-bedroom units and one studio, located near Midtown among single-family homes.

Property SizeContact for details
Days on Market177

Property Features for 2053 Linden Av.e

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 4

Building Details

Year Built 1912
Units 4
Listed By: Worth Woodyard
Source: Woodyardrealty
Added: Mar 17 Changed: Sep 7 Last Checked: Sep 8 at 4:38AM

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 Worth Woodyard

Investment Insights

Based on property information with market context.

This four-unit residential income property includes three 1-bedroom units and one studio. The building is offered with scheduled monthly income listed at $3,840 per month. Prospective buyers should plan for drive-by viewing only; residents are not to be disturbed.

The property is located in the heart of Midtown, surrounded by single-family homes. The available information does not specify any additional building features or upgrades.

The current unit mix is straightforward for tenants seeking either 1-bedroom layouts or studio living within the same property.

Key Highlights

  • 4‑unit multifamily with three 1‑bedroom units and one studio
  • Year built: 1912
  • Monthly scheduled rent listed as $3,840/month

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Dental Office HVAC Service Electrical Service Storage Facility Home Appliance Store Auto Parts Store

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

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,301
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Four-unit multifamily with three 1-bedroom units and one studio, located near Midtown among single-family homes.
Where is this quadplex located?
The property is located at 2053 Linden Av.e 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: 4‑unit multifamily with three 1‑bedroom units and one studio; Year built: 1912; Monthly scheduled rent listed as $3,840/month
More about this property
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