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Renovated Vacant Triplex
For Sale
$340,000

1353 Harbert Ave, Memphis, TN 38104

Three-unit residential property with updated major systems, private outdoor space, and rear off-street parking.

Property SizeContact for details
Days on Market32

Property Features for 1353 Harbert Ave

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 1 x 2BR/2BA, 2 x 1BR/1BA
Multifamily Units 3

Additional Details

Utilities to Site Yes

Amenities

large backyard

Building Details

Year Built 1912
Buildings 1
Listing Agency: Grand Point Realty, LLC
Listed By: Taylor Shaw · License #364814
Source: Bryanrealty
Added: Jul 29 Changed: Aug 28 Last Checked: Aug 29 at 11:35AM

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 Grand Point Realty, LLC

Investment Insights

Based on property information with market context.

This triplex contains one 2BR/2BA residence and two 1BR/1BA residences, providing a clear three-unit configuration. The property is delivered fully vacant, allowing the next owner to establish occupancy from the outset. Plumbing, electrical, and HVAC systems have been replaced, and the building has been fully renovated. The improvements are supported by a large backyard and rear off-street parking. Utility service includes 2 gas and 1 electric connection. Built in 1912, the property offers a combination of historic construction and recent system upgrades for residential income use or an owner-occupant arrangement.

Key Highlights

  • Three‑unit layout with one 2BR/2BA unit and two 1BR/1BA units
  • Delivered fully vacant
  • Brand‑new plumbing, electrical, and HVAC systems

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Home Appliance Store Florist Pet Grooming Service Cafe & Coffee Shop

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

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,360
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit residential property with updated major systems, private outdoor space, and rear off-street parking.
Where is this triplex located?
The property is located at 1353 Harbert Ave 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: Three‑unit layout with one 2BR/2BA unit and two 1BR/1BA units; Delivered fully vacant; Brand‑new plumbing, electrical, and HVAC systems
More about this property
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