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Condominium Income Property

585 E PARKWAY PKY 6 Memphis, TN 38104

585 E PARKWAY PKY 6, Memphis, TN, 38104
$1,980,000
For Sale
$1,980,000

Concrete midtown condo community with 34 total units and an 18-unit HOA control interest offered for sale.

Days on Market16

Property Features for 585 E PARKWAY PKY 6

General Information

Standard status
Active
Property subtype
Multi-Family

Building Details

Year Built
1948
Listing agency
Listed by Will Bowling
Source Fayetterealtyllc.idxbroker
Added: Jul 6 Updated: Jul 20 at 8:33PM Checked: Jul 21 at 2:56AM

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 Will Bowling


Investment Insights

Based on property information with market context.

This for-sale condo income property is located in the Harbert Place community and is described as a classic midtown condominium setting with concrete construction and a courtyard-style layout. The offering involves an 18 out of 34 units interest, providing control of the HOA, and centers on multiple 2-bedroom, 1-bath condo units.

The property is tucked just off East Parkway in Memphis and is presented as having convenient access to restaurants, entertainment, downtown, and nearby campuses including CBU and the University of Memphis. An HOA is in place to support community maintenance.

Seller financing is also noted as available.

Key Highlights

  • Concrete midtown condo community built in 1948 with 34 total units
  • 18‑unit HOA control interest at 585 E Parkway South; 18 of 34 units provide HOA control
  • Harbert Place community with a quiet, courtyard‑style setting

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Dental Office Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home Nursing Home (Bike/Boat/Book/etc) Store Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Concrete midtown condo community with 34 total units and an 18-unit HOA control interest offered for sale.
Where is this apartment building located?
The property is located at 585 E PARKWAY PKY 6 Memphis, TN.
What is the asking price?
The asking price for this property is $1,980,000.
What are key features of this property?
This property features: Concrete midtown condo community built in 1948 with 34 total units; 18‑unit HOA control interest at 585 E Parkway South; 18 of 34 units provide HOA control; Harbert Place community with a quiet, courtyard‑style setting
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