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4-Unit Quadplex
For Sale
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412 E McLemore Ave, Memphis, TN 38106

Two units are available for rent, and the property is offered in its existing condition.

Property SizeContact for details
Days on Market144

Property Features for 412 E McLemore Ave

General Information

Standard status Active
Property subtype Retail
Occupancy 50%

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4
Listing Agency: Braden, Braden & Braden CRE
Listed By: Kristina Jackson · License #TN 371367
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 10:50PM

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 Braden, Braden & Braden CRE

Investment Insights

Based on property information with market context.

This four-unit quadplex includes a consistent layout across the property, with each unit offering two bedrooms and one bathroom. The building is offered as-is, allowing the next owner to evaluate the property in its current condition.

Occupancy is currently 50%, with two units becoming available for rent last week. The property is located at 412 E McLemore Ave in Memphis, Tennessee.

Key Highlights

  • Four residential units, each with 2 bedrooms and 1 bathroom
  • Current occupancy is 50%
  • Two units became available for rent last week

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Gym & Fitness Center Kitchen & Bath Showroom

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
50%
Occupancy

Location Intelligence

Trade Area within ½ mile

400
Businesses Nearby

Demographics for 38106, TN

22,394
Population
11,630
Households
1.9
Avg Household Size
41
Median Age
12%
College-Educated
83%
High-School Grad
10.4 sq mi
ZIP Area
2,153
Density / Sq Mi
$29,818
Median Household Income
$30,101
Median Earnings
$915
Median Rent
$66,400
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?
Quadplex - Two units are available for rent, and the property is offered in its existing condition.
Where is this quadplex located?
The property is located at 412 E McLemore Ave Memphis, TN.
What are key features of this property?
This property features: Four residential units, each with 2 bedrooms and 1 bathroom; Current occupancy is 50%; Two units became available for rent last week
More about this property
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