Listing Agency: Braden, Braden & Braden CRE Show Phone

Listed By: Curtis Braden · License #TN-284224

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 7:15PM

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Investment Insights

Based on property information with market context.

This solid-brick, garden-style apartment complex includes units that are ready for renovation. The property offers an existing multifamily configuration in the Beale Street area of Memphis, with improvement work contemplated in the source information.

The complex is within walking distance of the city’s entertainment area and minutes from FedEx Forum. City bus service is also available nearby, providing transit access from the property. The address is 596 S Danny Thomas Blvd, Memphis, TN 38126.

Key Highlights

• Solid‑brick, garden‑style apartment complex
• Units ready for renovation
• Located in the historic Beale Street area

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Furniture & Home Goods Hair Salon (Bike/Boat/Book/etc) Store HVAC Service Pet Grooming Service Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,057

Businesses Nearby

Explore this area Business Placement

Demographics for 38126, TN

5,717

Population

3,260

Households

1.8

Avg Household Size

32

Median Age

14%

College-Educated

82%

High-School Grad

1.9 sq mi

ZIP Area

3,009

Density / Sq Mi

$30,825

Median Household Income

$32,396

Median Earnings

$794

Median Rent

$59,000

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Renovation-ready apartments near Beale Street and Memphis entertainment venues, with city bus service nearby.

Where is this apartment building located?

The property is located at 596 S Danny Thomas Blvd Memphis, TN.

What are key features of this property?

This property features: Solid‑brick, garden‑style apartment complex; Units ready for renovation; Located in the historic Beale Street area