Triplex with Mixed One- and Two-Bedroom
For Sale
$465,000
1954 MANILA Ave, Memphis, TN 38114
MULTI_FAMILY - Memphis, TN
Property SizeContact for details
Days on Market98
Property Features for 1954 MANILA Ave
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Subdivision
McLaughlin
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
5305
Building Details
Year built
1911
Listing Agency:
Keller Williams · Keller Williams Realty
(662) 892-4000
Listed By:
Brennan Bynum · License #S-56131
(901) 626-7701
Added: May 7
Changed: Aug 2
Last Checked: Aug 12 at 3:06AM
MLS# 10221042
Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This triplex at 1954 Manila Ave in Memphis, TN 38114 includes three residential units configured as one 1 bedroom / 1 bath apartment and two 2 bedroom / 1 bath apartments. Two units are currently tenant occupied, providing income in place, and one vacant unit is available for showings.
Built in 1911, the property offers multiple living configurations within a single building, which can appeal to both owner-occupants seeking an available unit and investors looking for straightforward unit-mix diversity.
The vacant unit presents an immediate opportunity to view the space in person and plan for its next tenancy, while the two occupied units continue generating rental income on day one.
Built in 1911, the property offers multiple living configurations within a single building, which can appeal to both owner-occupants seeking an available unit and investors looking for straightforward unit-mix diversity.
The vacant unit presents an immediate opportunity to view the space in person and plan for its next tenancy, while the two occupied units continue generating rental income on day one.
Key Highlights
- Triplex at 1954 Manila Ave, Memphis, TN 38114
- Unit mix: one 1 bed/1 bath and two 2 bed/1 bath units
- Two units tenant occupied with income already in place
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
541
Businesses Nearby
Explore this area
Business Placement
Demographics for 38114, TN
23,559
Population
12,252
Households
1.9
Avg Household Size
38
Median Age
14%
College-Educated
82%
High-School Grad
7.6 sq mi
ZIP Area
3,100
Density / Sq Mi
$32,080
Median Household Income
$28,570
Median Earnings
$897
Median Rent
$79,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex built in 1911 with one 1 bed/1 bath unit and two 2 bed/1 bath units; two occupied, one vacant.
Where is this triplex located?
The property is located at 1954 MANILA Ave Memphis, TN.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Triplex at 1954 Manila Ave, Memphis, TN 38114; Unit mix: one 1 bed/1 bath and two 2 bed/1 bath units; Two units tenant occupied with income already in place
