Four-Unit
New
For Sale
$642,000
25 N Tucker St, Memphis, TN 38104
Current occupants hold leases with terms ranging from one to two years.
Property Size5,104 SF
Price / SF$125.78
Days on Market2
Property Features for 25 N Tucker St
General Information
Standard status
Active
Size
5,104 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Midtown Memphis Development Corp.
Additional Details
Multifamily Units
4
Tenant in Place
Yes
Building Details
Year Built
1920
Listing Agency:
Small Town Hunting Properties
Listed By:
Stacia Rosatti
(901) 270-9019
Source:
Staciarosatti
Added: Oct 23
Last Checked: Oct 23 at 4:07AM
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 Small Town Hunting Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This four-unit property in Midtown Memphis contains 5,104 square feet and is offered as-is as part of a package with 33 N Tucker St. Existing lease terms range from one to two years; one unit has a two-year lease.
The property is a five-minute bike ride from the Shell, the Brooks Museum, Overton Park and the zoo.
The property is a five-minute bike ride from the Shell, the Brooks Museum, Overton Park and the zoo.
Key Highlights
- Four‑unit property totaling 5,104 square feet
- Offered as‑is with 33 N Tucker St as a package
- Lease terms range from 1–2 years; one unit has a 2‑year lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,044
Cap Rate
6.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$860,880
$860.9K
Cap Rate 7%
$614,914
$614.9K
Cap Rate 9%
$478,267
$478.3K
Market Conditions
NOI Build-Up for 5,104 SF
Gross rent
$65.5K $12.84/SF
− Vacancy
−$4.0K −$0.79/SF
EGI
$61.5K $12.05/SF
− OpEx
−$18.4K −$3.61/SF
NOI
$43.0K $8.43/SF
Area
Memphis, TN
Vacancy
6.17%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$860,880
Cap Rate 7%
$614,914
Cap Rate 9%
$478,267
Alternative Uses
Best Use
Multifamily LT 5
$614.9K
$538.1K – $717.4K
NOI $43,044 @ 7.0% cap · market cap 6.70%
Second Best
Apartment 5plus
$544.4K
$476.4K – $635.2K
NOI $38,111 @ 7.0% cap · market cap 5.94%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,592 @ 7.0% cap · market cap 16.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,442
Businesses Nearby
Explore this area
Business Placement
Demographics for 38104, TN
22,584
Population
14,315
Households
1.6
Avg Household Size
38
Median Age
52%
College-Educated
93%
High-School Grad
5.0 sq mi
ZIP Area
4,517
Density / Sq Mi
$56,452
Median Household Income
$48,300
Median Earnings
$1,073
Median Rent
$301,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Current occupants hold leases with terms ranging from one to two years.
Where is this quadplex located?
The property is located at 25 N Tucker St Memphis, TN.
What is the asking price?
The asking price for this property is $642,000.
What are key features of this property?
This property features: Four‑unit property totaling 5,104 square feet; Offered as‑is with 33 N Tucker St as a package; Lease terms range from 1–2 years; one unit has a 2‑year lease
