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Multifamily Property
For Sale
$134,900

2859 Nathan Ave, Memphis, TN 38112

Multifamily asset in Memphis, Tennessee, constructed in 1962 and positioned near commerce and industry.

Property SizeContact for details
Days on Market21

Property Features for 2859 Nathan Ave

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1962
Listing Agency: CrestCore Realty MphsBrokerage
Listed By: Dean Harris
Source: Bryanrealty
Added: Aug 13 Changed: Aug 30 Last Checked: Sep 1 at 9:18PM

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 CrestCore Realty MphsBrokerage

Investment Insights

Based on property information with market context.

This multifamily property at 2859 Nathan Ave in Memphis, Tennessee, was constructed in 1962. The asset is offered for sale and provides a residential income property profile for buyers evaluating rental holdings.

The property is situated near commercial and industrial activity, placing it within an area described as having access to multiple types of commerce and industry. Its established construction date and multifamily classification provide the primary known characteristics for review.

Key Highlights

  • Multifamily property at 2859 Nathan Ave, Memphis, TN 38112
  • Built in 1962
  • Located near commerce and industry

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Pet Grooming Service Florist Parking Lot & Garage Locksmith Computer & Electronic Repair

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

1,232
Businesses Nearby

Demographics for 38112, TN

16,970
Population
7,425
Households
2.3
Avg Household Size
32
Median Age
38%
College-Educated
85%
High-School Grad
4.8 sq mi
ZIP Area
3,535
Density / Sq Mi
$52,639
Median Household Income
$29,576
Median Earnings
$969
Median Rent
$206,900
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 - Multifamily asset in Memphis, Tennessee, constructed in 1962 and positioned near commerce and industry.
Where is this multifamily property located?
The property is located at 2859 Nathan Ave Memphis, TN.
What is the asking price?
The asking price for this property is $134,900.
What are key features of this property?
This property features: Multifamily property at 2859 Nathan Ave, Memphis, TN 38112; Built in 1962; Located near commerce and industry
More about this property
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