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Multifamily Property
For Sale
$119,900

961 N Highland St, Memphis, TN 38122

Built in 1967 near commercial and industrial activity.

Property SizeContact for details
Days on Market12

Property Features for 961 N Highland St

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1967
Listing Agency: CrestCore Realty MphsBrokerage
Listed By: Dean Harris
Source: Bryanrealty
Added: Sep 4 Changed: Sep 12 Last Checked: Sep 14 at 1:16PM

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 CrestCore Realty MphsBrokerage

Investment Insights

Based on property information with market context.

This multifamily property was built in 1967 and is located at 961 N Highland St in Memphis, Tennessee. The surrounding area is described as being near commercial and industrial activity, providing a nearby mix of commerce and employment uses.

Key Highlights

  • Built in 1967
  • Located at 961 N Highland St, Memphis, TN 38122
  • Near commercial and industrial activity

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy (Bike/Boat/Book/etc) Store Bakery Carpet & Flooring 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.

Location Intelligence

Trade Area within ½ mile

236
Businesses Nearby

Demographics for 38122, TN

26,432
Population
10,201
Households
2.6
Avg Household Size
33
Median Age
22%
College-Educated
74%
High-School Grad
6.8 sq mi
ZIP Area
3,887
Density / Sq Mi
$45,456
Median Household Income
$32,760
Median Earnings
$1,127
Median Rent
$108,200
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?
Multifamily property - Built in 1967 near commercial and industrial activity.
Where is this multifamily property located?
The property is located at 961 N Highland St Memphis, TN.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: Built in 1967; Located at 961 N Highland St, Memphis, TN 38122; Near commercial and industrial activity
More about this property
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