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Multifamily Property Near Cooper-Young
New
For Sale
$74,000

2174-2176 Carnes Ave, Memphis, TN 38114

Existing multifamily improvements with utilities currently disconnected and offered in as-is condition.

Property Size2,666 SF
Price / SF$27.76
Days on Market3

Property Features for 2174-2176 Carnes Ave

General Information

Standard status Active
Size 2,666 SF
Property subtype Multi-Family

Building Details

Year Built 1964
Listing Agency: C21 Patterson & Assoc. Real Es
Listed By: John Quinn · License #3298267
Source: Johnquinnrealestate
Added: Sep 13 Changed: Sep 14 Last Checked: Sep 15 at 7:10AM

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 C21 Patterson & Assoc. Real Es

Investment Insights

Based on property information with market context.

This multifamily property contains 2,666 square feet and was built in 1964. The offering is conveyed AS IS, WHERE IS, with utilities currently turned off. Extreme caution is advised when entering, and access is through the side entrance at the key box location.

The property is located at 2174-2176 Carnes Ave in Memphis, near shopping and dining in Cooper-Young. The address and existing multifamily classification provide the primary context for evaluating the asset.

Key Highlights

  • 2,666‑square‑foot multifamily property
  • Built in 1964
  • Located at 2174‑2176 Carnes Ave, Memphis, TN 38114

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Dental Office Kitchen & Bath Showroom HVAC Service Electrical Service (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

660
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Existing multifamily improvements with utilities currently disconnected and offered in as-is condition.
Where is this multifamily property located?
The property is located at 2174-2176 Carnes Ave Memphis, TN.
What is the asking price?
The asking price for this property is $74,000.
What are key features of this property?
This property features: 2,666‑square‑foot multifamily property; Built in 1964; Located at 2174‑2176 Carnes Ave, Memphis, TN 38114
More about this property
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