42-Unit Apartment
For Sale
Contact for pricing
Pending
56 S Main St, Memphis, TN 38103
Apartment property offered separately or within a larger multifamily portfolio.
Property SizeContact for details
Days on Market144
Property Features for 56 S Main St
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Asking Price
$5,125,000
Multifamily Units
42
Listing Agency:
Woodyard Realty Corporation
(901) 767-1998
Listed By:
Lea Heilig · License #TN 291983
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 11:21PM
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.
The Washburn is a 42-unit apartment property at 56 S Main St in Memphis, Tennessee. The asset is available as an individual acquisition or as part of a three-property multifamily portfolio totaling 93 units.
The broader offering also includes The Printer’s Alley and Annex Lofts, which together account for the remaining 51 units in the portfolio. Property financials and an offering memorandum are available through the referenced brokerage website.
The broader offering also includes The Printer’s Alley and Annex Lofts, which together account for the remaining 51 units in the portfolio. Property financials and an offering memorandum are available through the referenced brokerage website.
Key Highlights
- 42‑unit apartment property
- Available individually or within a three‑property multifamily portfolio
- Combined portfolio totals 93 units
Property Analytics
Property Profile
Current Use
Lease Details
42
Residential units
Location Intelligence
Trade Area within ½ mile
3,542
Businesses Nearby
Explore this area
Business Placement
Demographics for 38103, TN
14,739
Population
8,811
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
95%
High-School Grad
2.7 sq mi
ZIP Area
5,459
Density / Sq Mi
$75,763
Median Household Income
$60,918
Median Earnings
$1,575
Median Rent
$380,900
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 - Apartment property offered separately or within a larger multifamily portfolio.
Where is this apartment building located?
The property is located at 56 S Main St Memphis, TN.
What are key features of this property?
This property features: 42‑unit apartment property; Available individually or within a three‑property multifamily portfolio; Combined portfolio totals 93 units
