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20-Unit Apartment Building
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139 N Claybrook St, Memphis, TN 38104

Unit mix includes one- and two-bedroom residences with central heating and cooling.

Property SizeContact for details
Days on Market143

Property Features for 139 N Claybrook St

General Information

Standard status Active
Property subtype Multifamily
Zoning RU-3

Units

Unit Mix 16 x 1BR, 4 x 2BR
Multifamily Units 20

Building Details

Year Built 1967
Year Renovated 2025
Buildings 1
Stories 2
Units 20
Listing Agency: Myers Commercial Real Estate
Listed By: Melanie Myers Bland · License #TN 288335
Source: Crexi
Added: Apr 14 Changed: Aug 31 Last Checked: Aug 31 at 2:25AM

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 Myers Commercial Real Estate

Investment Insights

Based on property information with market context.

This 20-unit apartment property contains sixteen one-bedroom residences and four two-bedroom residences. Improvements include new tile flooring, updated kitchens, renovated or partially updated bathrooms, exterior doors, and security doors. Work at 141 N Claybrook includes new windows, doors, upgraded electrical panels, and new central heating and cooling systems, with nine of the ten units planned for full renovation. Each residence has central heat and AC using gas systems.

The property comprises 139 N Claybrook St and 141 N Claybrook St in Midtown Memphis and was built in 1967. Six units are occupied, with a seventh prospective tenant in the approval process. Professional management is in place under a six percent management fee, while ownership pays house electric and water and residents pay their individual utilities. The property is zoned RU-3.

Key Highlights

  • 20 units: sixteen one‑bedroom and four two‑bedroom residences
  • Renovation features include new tile flooring, updated kitchens, bathrooms, exterior doors, and security doors
  • At 141 N Claybrook, nine of ten units will be fully renovated

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service HVAC Service Home Appliance Store (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service

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

20
Residential units

Location Intelligence

Trade Area within ½ mile

2,888
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Unit mix includes one- and two-bedroom residences with central heating and cooling.
Where is this apartment building located?
The property is located at 139 N Claybrook St Memphis, TN.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 20 units: sixteen one‑bedroom and four two‑bedroom residences; Renovation features include new tile flooring, updated kitchens, bathrooms, exterior doors, and security doors; At 141 N Claybrook, nine of ten units will be fully renovated
More about this property
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