Renovated 4-Unit Apartment
For Sale
Contact for pricing
1928 Southern Ave, Memphis, TN 38104
Two-building apartment property offers controlled access, updated interiors, and enclosed outdoor areas.
Property Size4,307 SF
Lot Size0.35 Acres
Days on Market145
Property Features for 1928 Southern Ave
General Information
Standard status
Active
Size
4,307 SF
Total Parking Spaces
12
Lot size
0.35 Acres
Property subtype
Multifamily
Additional Details
Multifamily Units
4
Amenities
controlled access
security cameras
outdoor recreation space
covered awnings
Building Details
Year Renovated
2022
Buildings
2
Listing Agency:
Crye-Leike Commercial Memphis
Listed By:
Wilson W. McCloy · License #324376
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 5:37PM
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 quadplex comprises four apartments across two primary buildings totaling approximately 4,307sq. ft. The interiors were renovated in 2022 and include quartz and granite countertops, stainless steel appliances, fully tiled floors, and in-wall electric fireplaces in the Southern Ave units. Floor plans vary, with open layouts and contemporary finishes throughout.
The property occupies a +/- .347 acre lot with 12 parking spaces and additional ground identified for a future expansion building. Controlled entry is supported by a wrought iron and brick security fence measuring 5’+, security cameras, sensor-activated lighting, and an automated gate. Two enclosed yard areas and covered awnings provide dedicated outdoor space.
Located 0.39 miles from the Cooper-Young neighborhood, the property is positioned near the University of Memphis, Memphis Medical District, Overton Square, Crosstown, Broad Avenue Arts, and Downtown Memphis.
The property occupies a +/- .347 acre lot with 12 parking spaces and additional ground identified for a future expansion building. Controlled entry is supported by a wrought iron and brick security fence measuring 5’+, security cameras, sensor-activated lighting, and an automated gate. Two enclosed yard areas and covered awnings provide dedicated outdoor space.
Located 0.39 miles from the Cooper-Young neighborhood, the property is positioned near the University of Memphis, Memphis Medical District, Overton Square, Crosstown, Broad Avenue Arts, and Downtown Memphis.
Key Highlights
- Four‑unit quadplex renovated in 2022
- Two primary buildings totaling approximately 4,307sq. ft.
- +/- .347 acre lot with 12 parking spaces and excess ground for expansion
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
541
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Two-building apartment property offers controlled access, updated interiors, and enclosed outdoor areas.
Where is this quadplex located?
The property is located at 1928 Southern Ave Memphis, TN.
What are key features of this property?
This property features: Four‑unit quadplex renovated in 2022; Two primary buildings totaling approximately 4,307sq. ft.; +/- .347 acre lot with 12 parking spaces and excess ground for expansion
