5-Unit Apartment
For Sale
$385,968
4034 Berkshire Ave, Memphis, TN 38108
Five two-bedroom units feature central HVAC, stoves, and refrigerators.
Property SizeContact for details
Days on Market111
Property Features for 4034 Berkshire Ave
General Information
Standard status
Active
Property subtype
Residential Income
Units
Unit Mix
5 x 2BR
Multifamily Units
5
Listing Agency:
Crye-Leike Commercial
(901) 277-0477
Listed By:
Jeffrey Moore · License #250330
(901) 277-0477
Source:
Exprealty
Added: May 12
Changed: Aug 29
Last Checked: Aug 29 at 11:01PM
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 Crye-Leike Commercial
Investment Insights
Based on property information with market context.
This 5-unit apartment building contains five two-bedroom residences, each equipped with central heating and air, a stove, and a refrigerator. The property is positioned as a multifamily rental asset with existing scheduled rental income.
The apartments are located at 4034 Berkshire Ave in Memphis, Tennessee. Current scheduled monthly rental income is 3815/mo. The property information also identifies potential for increased rents without major capital expense. Resident privacy is requested, with drive-by viewing only.
The apartments are located at 4034 Berkshire Ave in Memphis, Tennessee. Current scheduled monthly rental income is 3815/mo. The property information also identifies potential for increased rents without major capital expense. Resident privacy is requested, with drive-by viewing only.
Key Highlights
- 5‑unit multifamily property
- Five 2‑bedroom apartment units
- Central heating and air in every unit
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
261
Businesses Nearby
Explore this area
Business Placement
Demographics for 38108, TN
17,051
Population
7,881
Households
2.2
Avg Household Size
34
Median Age
11%
College-Educated
73%
High-School Grad
7.6 sq mi
ZIP Area
2,244
Density / Sq Mi
$35,435
Median Household Income
$32,126
Median Earnings
$921
Median Rent
$62,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five two-bedroom units feature central HVAC, stoves, and refrigerators.
Where is this apartment building located?
The property is located at 4034 Berkshire Ave Memphis, TN.
What is the asking price?
The asking price for this property is $385,968.
What are key features of this property?
This property features: 5‑unit multifamily property; Five 2‑bedroom apartment units; Central heating and air in every unit
