27-Unit Apartment
For Sale
$900,000
2116 HOWELL Ave, Memphis, TN 38108
Multi-Family, Memphis, TN
Property Size16,416 SF
Price / SF$54.82
Days on Market336
Property Features for 2116 HOWELL Ave
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Subdivision
WILLIAMS SPRINGDALE
Standard status
Active
Size
16,416 SF
Taxes and HOA fees
Tax Annual Amount
2252
Building Details
Year built
1956
Listing Agency:
BHHS Taliesyn Realty · Berkshire Hathaway HomeServices
(901) 466-4000
Listed By:
Leslie Pickett · License #S-55847
(601) 479-3474
Added: Sep 29, 2025
Changed: Aug 19
Last Checked: Aug 30 at 9:06AM
MLS# 10206651
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.
Built in 1956, this 27-unit apartment property contains 16,416 square feet and offers a mix of four 3-bedroom units, 15 2-bedroom units, and eight 1-bedroom units. Each unit is individually metered. Several capital projects have been completed, including sewer line replacement, walkway and stair concrete work, railing repairs, tree removal, and a parking lot replacement in 2022. The roof was replaced in 2017.
The property is next to Kipp Collegiate School, with access to the Midtown area of Memphis and downtown within a short drive. Four to five units require complete renovation, and the property is being offered in its current condition. Showings are limited to drive-by viewing.
The property is next to Kipp Collegiate School, with access to the Midtown area of Memphis and downtown within a short drive. Four to five units require complete renovation, and the property is being offered in its current condition. Showings are limited to drive-by viewing.
Key Highlights
- 27‑unit apartment property with 16,416 square feet
- Unit mix includes 4 three‑bedroom, 15 two‑bedroom, and 8 one‑bedroom units
- Individually metered units
Property Analytics
Property Profile
Current Use
Lease Details
27
Residential units
Location Intelligence
Trade Area within ½ mile
351
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Individually metered apartments with recent site and building improvements.
Where is this apartment building located?
The property is located at 2116 HOWELL Ave Memphis, TN.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 27‑unit apartment property with 16,416 square feet; Unit mix includes 4 three‑bedroom, 15 two‑bedroom, and 8 one‑bedroom units; Individually metered units
