2116 HOWELL Ave Memphis, TN 38108

This property is a 27-unit apartment complex featuring a unit mix of four 3-bedroom units, fifteen 2-bedroom units, and eight 1-bedroom units. The complex is individually metered. Recent improvements include sewer line replacement, concrete work on walkways and stairs, welding work on upstairs railings to bring them to code, and a paved parking lot completed in 2022. The roof was replaced in 2017. Some work remains, as 4 to 5 units need complete renovation. The property is being sold as-is, and prospective parties are instructed to drive by only.

The building is located near Midtown Memphis and is described as minutes from downtown. The property is next door to KIPP Collegiate School. No additional access, frontage, or traffic details were provided.

For buyers or investors seeking a multifamily asset with individually metered units, the existing rental mix provides immediate unit diversity across one-, two-, and three-bedroom configurations. With a portion of the units requiring full renovation, the property may appeal to operators prepared for value-add work while leveraging the documented exterior and systems updates, including roof replacement and more recent site improvements.