116-Unit Apartment
For Sale
Contact for pricing
412 Overton Park Avenue, Memphis, TN 38105
Four adjacent communities can be acquired individually or together as a multifamily portfolio.
Property SizeContact for details
Days on Market19
Property Features for 412 Overton Park Avenue
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
116
Building Details
Buildings
5
Stories
2
Units
116
Listing Agency:
Woodyard Realty Corporation
(901) 767-1998
Listed By:
Lea Heilig · License #TN 291983
Source:
Crexi
Added: Aug 6
Changed: Aug 21
Last Checked: Aug 23 at 1:01PM
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 Woodyard Realty Corporation
Investment Insights
Based on property information with market context.
This multifamily offering includes 116 apartment units across four adjacent communities: The Victorian, Overton Place Studios, Gardens I, and Gardens II. The properties are available individually or as a combined portfolio, providing multiple acquisition configurations. The business plan includes phased interior renovations, leasing of down units, and operational efficiencies across the communities.
Located at 412 Overton Park Avenue in Memphis, the portfolio is one block from Crosstown Concourse, a mixed-use destination with more than 55 businesses, healthcare providers, restaurants, arts organizations, educational institutions, office employers, and entertainment venues. The surrounding district combines residential, commercial, institutional, and cultural uses in a walkable setting. The communities share ownership with Crosstown Concourse and offer a presence within Midtown Memphis.
Located at 412 Overton Park Avenue in Memphis, the portfolio is one block from Crosstown Concourse, a mixed-use destination with more than 55 businesses, healthcare providers, restaurants, arts organizations, educational institutions, office employers, and entertainment venues. The surrounding district combines residential, commercial, institutional, and cultural uses in a walkable setting. The communities share ownership with Crosstown Concourse and offer a presence within Midtown Memphis.
Key Highlights
- 116 apartment units across four adjacent communities
- The Victorian includes 32 units
- Overton Place Studios includes 32 units
Property Analytics
Property Profile
Current Use
Lease Details
116
Residential units
Location Intelligence
Trade Area within ½ mile
1,960
Businesses Nearby
Explore this area
Business Placement
Demographics for 38105, TN
6,232
Population
4,145
Households
1.5
Avg Household Size
39
Median Age
22%
College-Educated
81%
High-School Grad
1.7 sq mi
ZIP Area
3,666
Density / Sq Mi
$29,316
Median Household Income
$34,969
Median Earnings
$928
Median Rent
$75,400
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 - Four adjacent communities can be acquired individually or together as a multifamily portfolio.
Where is this apartment building located?
The property is located at 412 Overton Park Avenue Memphis, TN.
What is the asking price?
The asking price for this property is $5,150,000.
What are key features of this property?
This property features: 116 apartment units across four adjacent communities; The Victorian includes 32 units; Overton Place Studios includes 32 units
