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Memphis Medical District High-Rise Apartments
For Sale
$13,500,000

750 Adams Ave., Memphis, TN 38105

Two high-rise buildings with 200 units and retail suites.

Property SizeContact for details
Days on Market121

Property Features for 750 Adams Ave.

General Information

Standard status Active
Property subtype Multifamily

Building Details

Year Built 1962
Listing Agency: Woodyard Realty Corporation
Listed By: Steve Woodyard · License #TN #217464
Source: Woodyardrealty
Added: May 18 Changed: Sep 11 Last Checked: Sep 14 at 9:15AM

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.

Located in the heart of Memphis, The Helix at the District Apartments comprises two modern high-rise buildings, one 11-story and one 10-story, featuring 200 residential units. The unit mix includes studios, one-bedroom, two-bedroom, and three-bedroom apartments, along with three ground-floor retail suites. The property occupies a high-visibility location in the heart of the Memphis Medical District, strategically positioned between Midtown and Downtown. The location provides immediate access to major retailers such as Kroger, Home Depot, CVS, and Walgreens. Surrounded by some of Memphis’s largest employment anchors, The Helix sits within walking distance of St. Jude Children’s Research Hospital, Le Bonheur Children’s Hospital, Regional One Health, and the University of Tennessee Health Science Center (UTHSC). Collectively, these institutions employ more than 112,000 professionals across healthcare, research, and technology sectors. The surrounding area offers culture, entertainment, and convenience, with attractions such as the National Civil Rights Museum, Beale Street Entertainment District, and the Mississippi River Park nearby. The location is suited for multifamily, office, or live-work re-use opportunities within one of Memphis’s growth corridors.

Key Highlights

  • Prime location in the heart of the Memphis Medical District, between Midtown and Downtown.
  • Walking distance to major employers: St. Jude, Le Bonheur, Regional One Health, and UTHSC (over 112,000 employees).
  • 200 residential units (studios, 1, 2, and 3‑bedroom apartments) in two modern high‑rise buildings.

Property Analytics

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Current Use

Asian Americans for Tennessee Community Center Signatureboutique Clothing Store

Suggested Use

Top Pick Electrical Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Butcher Carpet & Flooring Store Pet Grooming Service

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

3,130
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Two high-rise buildings with 200 units and retail suites.
Where is this apartment building located?
The property is located at 750 Adams Ave. Memphis, TN.
What is the asking price?
The asking price for this property is $13,500,000.
What are key features of this property?
This property features: Prime location in the heart of the Memphis Medical District, between Midtown and Downtown.; Walking distance to major employers: St. Jude, Le Bonheur, Regional One Health, and UTHSC (over 112,000 employees).; 200 residential units (studios, 1, 2, and 3‑bedroom apartments) in two modern high‑rise buildings.
More about this property
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