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Three-Unit Residential Property
For Sale
$275,000

37 S MCLEAN Blvd, Memphis, TN 38104

Multi-Family, Memphis, TN

Property Size3,507 SF
Price / SF$78.41
Days on Market22

Property Features for 37 S MCLEAN Blvd

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning RU-4
Subdivision IDLEWILD
Standard status Active
Size 3,507 SF

Taxes and HOA fees

Tax Annual Amount 1577

Building Details

Year built 1908
Listing Agency: Sowell, Realtors
Listed By: Sue King
Added: Oct 1 Changed: Oct 21 Last Checked: Oct 22 at 7:06AM
MLS# 10231731

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 3,507-square-foot triplex contains three apartments: a two-bedroom, one-bath unit and a one-bedroom, one-bath unit on the lower level, plus an upstairs three-bedroom, one-and-a-half-bath unit. Interior features include hardwood floors, updated kitchens and baths, central air and heat, laundry in one apartment, and high ceilings. The building dates to 1908 and is offered in as-is condition with repairs needed.

The property is in Midtown Memphis at 37 S McLean Blvd. A shared gate and driveway serve this property and 42 S. McLean, with parking available. Zoning is RU-4.

Key Highlights

  • Three apartments with 1-, 2-, and 3‑bedroom layouts
  • 3,507 square feet; built in 1908
  • Hardwood floors, updated kitchens and baths, and central air and heat

Property Analytics

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Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,606
Businesses Nearby

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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three occupied apartments offer a mix of one-, two-, and three-bedroom layouts in Midtown Memphis.
Where is this triplex located?
The property is located at 37 S MCLEAN Blvd Memphis, TN.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Three apartments with 1-, 2-, and 3‑bedroom layouts; 3,507 square feet; built in 1908; Hardwood floors, updated kitchens and baths, and central air and heat
More about this property
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