46-Unit Apartment
3459 Southern Avenue, Memphis, TN 38111
For Sale
Contact for pricing
Multifamily property with a stated 10.00% cap rate.
Property SizeContact for details
Days on Market59
Property Features for 3459 Southern Avenue
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Additional Details
Cap Rate
Multifamily Units
Listing Agency:
Pinnacle Realty
Listed By:
Jeanette Lin · License TN #318772
(901) 335-7447
Source:
Crexi
Added: Sep 17
Changed: Nov 7
Last Checked: Nov 12 at 5:31AM
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 Pinnacle Realty
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Investment Insights
Based on property information with market context.
This Memphis apartment property comprises 46 units and is presented with a 10.00% cap rate. The property is located at 3459 Southern Avenue in Memphis, Tennessee.
Key Highlights
- 46‑unit apartment property
- 10.00% cap rate
- 3459 Southern Avenue, Memphis, TN 38111
Property Analytics
Who owns this building?
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Lease Details
46
Residential units
Location Intelligence
Trade Area within ½ mile
774
Businesses Nearby
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Business Placement
Demographics for 38111, TN
40,533
Population
20,084
Households
2
Avg Household Size
34
Median Age
38%
College-Educated
89%
High-School Grad
9.8 sq mi
ZIP Area
4,136
Density / Sq Mi
$52,806
Median Household Income
$33,449
Median Earnings
$1,077
Median Rent
$165,200
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Memphis, TN
Properties on Market for Apartment buildings in Memphis
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with a stated 10.00% cap rate.
Where is this apartment building located?
The property is located at 3459 Southern Avenue Memphis, TN.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 46‑unit apartment property; 10.00% cap rate; 3459 Southern Avenue, Memphis, TN 38111
