16-Unit Apartment
New
For Sale
$1,295,000
1707 Ontario Ave, Memphis, TN 38127
Every residence has two bedrooms, with renovations completed in 2022.
Property Size27,776 SF
Price / SF$46.62
Days on Market2
Property Features for 1707 Ontario Ave
General Information
Standard status
Active
Size
27,776 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
16 x 2BR
Multifamily Units
16
Additional Details
Asking Price
$1,295,000
Building Details
Year Built
1974
Year Renovated
2022
Buildings
1
Listing Agency:
Crye-Leike, Inc., Realtors
Listed By:
The Eric Crutcher Sales Team
(901) 212-2414
Source:
Doorstep-realty
Added: Oct 2
Changed: Oct 3
Last Checked: Oct 3 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 Crye-Leike, Inc., Realtors
Investment Insights
Based on property information with market context.
This 16-unit apartment building in Memphis was constructed in 1974 and contains 27,776 square feet. Each apartment has two bedrooms, and renovations were completed in 2022. The property is fully occupied, with management available to continue in place.
The building is located at 1707 Ontario Ave in Memphis, Tennessee. Its current occupancy and unit configuration are established features of the property.
The building is located at 1707 Ontario Ave in Memphis, Tennessee. Its current occupancy and unit configuration are established features of the property.
Key Highlights
- 16 apartment units, all with two bedrooms
- 27,776 square feet
- Renovations completed in 2022
Property Analytics
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Current Use
Lease Details
16
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
160
Businesses Nearby
Explore this area
Business Placement
Demographics for 38127, TN
40,679
Population
17,560
Households
2.3
Avg Household Size
33
Median Age
11%
College-Educated
83%
High-School Grad
37.8 sq mi
ZIP Area
1,076
Density / Sq Mi
$37,768
Median Household Income
$31,790
Median Earnings
$1,104
Median Rent
$82,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Every residence has two bedrooms, with renovations completed in 2022.
Where is this apartment building located?
The property is located at 1707 Ontario Ave Memphis, TN.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 16 apartment units, all with two bedrooms; 27,776 square feet; Renovations completed in 2022
