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Multifamily Property with Central HVAC
For Sale
$125,000

3698-3700 Firethorne Dr, Memphis, TN 38115

The property combines hard-surface flooring, central HVAC, and a spacious yard.

Property Size2,124 SF
Price / SF$58.85
Days on Market32

Property Features for 3698-3700 Firethorne Dr

General Information

Standard status Active
Size 2,124 SF
Property subtype Multi-Family

Additional Details

Highway Access Yes

Building Details

Year Built 1973
Listing Agency: Lawrence Johnson, Realtors
Listed By: John Quinn · License #3298267
Source: Johnquinnrealestate
Added: Jul 30 Changed: Aug 29 Last Checked: Aug 29 at 9:04AM

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 Lawrence Johnson, Realtors

Investment Insights

Based on property information with market context.

This 2,124-square-foot multifamily property was built in 1973 and features a functional interior arrangement with hard-surface flooring and central HVAC. A spacious yard adds outdoor area to the property, which is being offered in as-is condition.

The address is in Memphis’s Hickory Ridge area, with access to FedEx, Memphis International Airport, I-240, Kroger, Hickory Ridge Crossing, Hickory Ridge Elementary, Lichterman Nature Center, and Methodist Le Bonheur Germantown Hospital. These nearby employment, shopping, education, recreation, healthcare, and transportation destinations provide a range of surrounding services and access points.

Key Highlights

  • 2,124‑square‑foot multifamily property
  • Built in 1973
  • Functional layout with hard‑surface flooring

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Bakery Gym & Fitness Center Catering Service Veterinary Clinic

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

481
Businesses Nearby

Demographics for 38115, TN

40,076
Population
19,179
Households
2.1
Avg Household Size
30
Median Age
14%
College-Educated
87%
High-School Grad
8.6 sq mi
ZIP Area
4,660
Density / Sq Mi
$42,931
Median Household Income
$32,997
Median Earnings
$1,129
Median Rent
$129,700
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 - The property combines hard-surface flooring, central HVAC, and a spacious yard.
Where is this multifamily property located?
The property is located at 3698-3700 Firethorne Dr Memphis, TN.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 2,124‑square‑foot multifamily property; Built in 1973; Functional layout with hard‑surface flooring
More about this property
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