Search
Four-Unit Apartment Building
For Sale
Contact for pricing
Pending

162 Clark Pl, Memphis, TN 38104

Four two-bedroom residences offer hardwood flooring, central heating and air, updated kitchens and baths, plus washers and dryers.

Property Size4,355 SF
Days on Market335

Property Features for 162 Clark Pl

General Information

Standard status Pending
Size 4,355 SF
Property subtype Multifamily
Occupancy 50%
Investment Type Value Add

Units

Unit Mix 4 x 2BR
Multifamily Units 4

Amenities

hardwood floors
central heating and air
updated kitchens and baths
washers and dryers

Building Details

Year Built 1928
Buildings 1
Units 4
Listing Agency: Crye-Leike Commercial Memphis
Listed By: Jeffrey Moore · License #TN 250330
Source: Crexi
Added: Sep 30, 2025 Changed: Aug 29 Last Checked: Aug 29 at 9:06PM

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 Crye-Leike Commercial Memphis

Investment Insights

Based on property information with market context.

Built in 1928, this 4,355-square-foot quadplex contains four spacious two-bedroom units. Interior features include hardwood floors, central heating and air, updated kitchens and bathrooms, and washers and dryers. Two units have been recently renovated and are currently vacant for showings.

The property is located at 162 Clark Pl in Memphis, Tennessee 38104, within the Midtown area. Its four-unit configuration and established residential improvements provide a clearly defined multifamily asset with existing unit-level amenities.

Key Highlights

  • Four‑unit quadplex with four two‑bedroom units
  • 4,355 square feet with a 1928 construction date
  • Hardwood floors throughout the units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store Pet Grooming Service 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.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

2,557
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Four two-bedroom residences offer hardwood flooring, central heating and air, updated kitchens and baths, plus washers and dryers.
Where is this quadplex located?
The property is located at 162 Clark Pl Memphis, TN.
What are key features of this property?
This property features: Four‑unit quadplex with four two‑bedroom units; 4,355 square feet with a 1928 construction date; Hardwood floors throughout the units
(901) 277-0477 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message