9-Unit Apartment
New
For Sale
$1,250,000
229 N Dunlap St, Memphis, TN 38105
The property includes nine one-bedroom apartments, with eight units renovated and designated parking on the combined parcels.
Property Size4,176 SF
Lot Size0.55 Acres
Price / SF$299.33
Days on Market4
Property Features for 229 N Dunlap St
General Information
Standard status
Active
Size
4,176 SF
Lot size
0.55 Acres
Property subtype
Multi-Family
Units
Unit Mix
9 x 1BR/1BA
Multifamily Units
9
Building Details
Year Built
1956
Buildings
1
Listing Agency:
Kaizen Realty, LLC
Listed By:
The Eric Crutcher Sales Team
(901) 212-2414
Source:
Doorstep-realty
Added: Sep 24
Changed: Sep 26
Last Checked: Sep 26 at 7:19AM
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 Kaizen Realty, LLC
Investment Insights
Based on property information with market context.
This 9-unit apartment property contains 4,176 square feet, with each residence configured as a one-bedroom, one-bathroom unit. Eight apartments have been renovated with updated electrical breakers, cabinetry, central heat, electric utilities, LVP flooring, PEX plumbing, tile tub surrounds, toilets, vanities, water heaters, and windows. Firewalls separate each group of three units, and the roof was replaced 4-5 years ago. Designated parking is included.
The building and adjacent parcel comprise 23,958 square feet of land. The property is located across from Le Bonheur Children's Hospital in Memphis.
The building and adjacent parcel comprise 23,958 square feet of land. The property is located across from Le Bonheur Children's Hospital in Memphis.
Key Highlights
- 9 apartments, each configured as a one‑bedroom, one‑bathroom unit
- 4,176‑square‑foot building on 23,958 square feet of combined land
- Eight of nine units renovated
Property Analytics
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Current Use
Lease Details
9
Residential units
Location Intelligence
Trade Area within ½ mile
2,501
Businesses Nearby
Explore this area
Business Placement
Demographics for 38105, TN
6,232
Population
4,145
Households
1.5
Avg Household Size
39
Median Age
22%
College-Educated
81%
High-School Grad
1.7 sq mi
ZIP Area
3,666
Density / Sq Mi
$29,316
Median Household Income
$34,969
Median Earnings
$928
Median Rent
$75,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - The property includes nine one-bedroom apartments, with eight units renovated and designated parking on the combined parcels.
Where is this apartment building located?
The property is located at 229 N Dunlap St Memphis, TN.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 9 apartments, each configured as a one‑bedroom, one‑bathroom unit; 4,176‑square‑foot building on 23,958 square feet of combined land; Eight of nine units renovated
