Building Details

Year Built 1964

Buildings 1

Stories 2

Units 6

Listing Agency: Crye-Leike Commercial Memphis Show Phone

Listed By: Jeffrey Moore · License #TN 250330

Source: Crexi

Added: Mar 4 Changed: Aug 11 Last Checked: Aug 21 at 10:54PM

Report an Issue

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.

This multifamily property features six units and is situated in the Midtown area of Memphis, Tennessee, a few blocks from Overton Park. The property is suitable for residential income purposes and is located in the heart of Midtown Memphis. The property has a size of 9365 square feet.

Key Highlights

• 6‑unit multi family property
• Located in the heart of Midtown Memphis
• Just a few blocks from Overton Park

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Electrical Service Dental Office Home Appliance Store Storage Facility (Bike/Boat/Book/etc) 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

1,548

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Dollar Tree NNN Retail Property

1246 Lamar Ave, Memphis, TN 38104

$1,193,000

8,320 SF

View details

Historic Mixed-Use Property

126 Monroe Ave, Memphis, TN 38103

$875,000

10,187 SF

View details

Freestanding Retail Redevelopment Building

2029 Union Avenue, Memphis, TN 38104

$525,000

7,094 SF

View details

Freestanding Office Units

2004 Exeter, Memphis, TN 38138

$599,000

2,000 SF

View details

Four-Tenant NNN Retail Center

2094 Frayser Blvd, Memphis, TN 38127

$524,285

2,950 SF

View details

Restaurant Building in Wolfchase Area

7990 Horizon Center Blvd, Memphis, TN 38133

$1,200,000

7,774 SF

View details

Drive-Thru Coffee Kiosk NNN

1698 Poplar Ave, Memphis, TN 38112

$1,805,000

806 SF

View details

Retail Flex Building

6949 Stage Rd, Memphis, TN 38133

$900,000

5,600 SF

View details

Absolute NNN Wendy’s Restaurant

6781 E Shelby Dr, Memphis, TN 38141

$2,172,276

2,646 SF

View details

Two-Story Freestanding Flex Facility

299 North Cleveland Street, Memphis, TN 38104

$3,200,000

41,945 SF

View details

Office Condo Units C8 and C9

109 N Main St, Memphis, TN 38103

$250,000

7,774 SF

View details

Industrial Distribution Building

3817 Air Park St, Memphis, TN 38118

$800,000

16,625 SF

View details

Frequently Asked Questions

What type of property is this?

Apartment building - Six-unit multifamily property in the heart of Midtown Memphis.

Where is this apartment building located?

The property is located at 1905 Jefferson Ave Memphis, TN.

What is the asking price?

The asking price for this property is $695,000.

What are key features of this property?

This property features: 6‑unit multi family property; Located in the heart of Midtown Memphis; Just a few blocks from Overton Park