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22-Unit Apartment Complex
For Sale
$1,250,000

1744 N Graham St, Memphis, TN 38108

Three buildings offer renovated interiors and updated plumbing, appliances, flooring, and paint.

Property Size16,488 SF
Price / SF$75.81
Days on Market63

Property Features for 1744 N Graham St

General Information

Standard status Active
Size 16,488 SF
Property subtype Residential Income
Listing Agency: Braden, Braden & Braden LLC
Listed By: John Cornes · License #303183
Source: Exprealty
Added: Aug 7 Changed: Oct 2 Last Checked: Oct 7 at 1:15PM

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 Braden, Braden & Braden LLC

Investment Insights

Based on property information with market context.

This apartment complex includes three buildings with 22 total units: 20 two-bedroom residences and two one-bedroom residences. The property contains 16,488 square feet and has received improvements including new flooring, fresh paint, updated plumbing, a new sewer line, new appliances, and window units.

The property is located at 1744 N Graham St in Memphis, approximately 14 minutes from downtown Memphis and 20 minutes from Memphis Airport. Schools, shopping, and an expressway are nearby, adding convenient access to everyday services and regional transportation.

Key Highlights

  • 22 total units: 20 two‑bedroom units and 2 one‑bedroom units
  • Three‑building apartment complex with 16,488 square feet
  • Recent improvements include new floors, new paint, and updated plumbing

Property Analytics

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Current Use

North Graham Apartments Apartment Complex

Suggested Use

Top Pick Dental Office Spa & Massage Center Pharmacy Hair Salon Electrical Service Building Supply

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

247
Businesses Nearby

Demographics for 38108, TN

17,051
Population
7,881
Households
2.2
Avg Household Size
34
Median Age
11%
College-Educated
73%
High-School Grad
7.6 sq mi
ZIP Area
2,244
Density / Sq Mi
$35,435
Median Household Income
$32,126
Median Earnings
$921
Median Rent
$62,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Three buildings offer renovated interiors and updated plumbing, appliances, flooring, and paint.
Where is this apartment building located?
The property is located at 1744 N Graham St Memphis, TN.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 22 total units: 20 two‑bedroom units and 2 one‑bedroom units; Three‑building apartment complex with 16,488 square feet; Recent improvements include new floors, new paint, and updated plumbing
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