Listing Agency: Hewgley Commercial Real Estate

Listed By: Thomas Hewgley · License #AR SA00081367

Source: Crexi

Added: Aug 27 Changed: Sep 13 Last Checked: Sep 14 at 7:46AM

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Investment Insights

Based on property information with market context.

This multifamily portfolio combines single-family homes with triplex properties. The holdings are situated in Memphis near the Downtown and Midtown areas, offering a mix of residential property formats within the city.

Key Highlights

• Mix of single‑family homes and triplex properties
• Holdings situated near Memphis’ Downtown and Midtown areas

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Kitchen & Bath Showroom Hair Salon

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

223

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Multifamily property - Portfolio includes homes and triplex properties near Downtown and Midtown Memphis.

Where is this multifamily property located?

The property is located at 1345 Gold Avenue Memphis, TN.

What is the asking price?

The asking price for this property is $595,000.

What are key features of this property?

This property features: Mix of single‑family homes and triplex properties; Holdings situated near Memphis’ Downtown and Midtown areas