14-Unit Apartment
860 N 7th St Memphis, TN 38107
For Sale
Contact for pricing
A 14-unit apartment building totaling 10,500 SF with nine vacant units and five currently leased by voucher tenants.
Property Size10,500 SF
Price / SF$66.67
Days on Market176
Property Features for 860 N 7th St
General Information
- Standard status
- Active
- Size
- 10,500 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1965
Listing Agency:
Sands Investment Group Philadelphia
Listed By:
Tom Gorman · License #PA RM424383
Source:
Crexi
Added: Jan 29
Changed: Jul 23
Last Checked: Jul 23 at 1:27PM
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 Sands Investment Group Philadelphia
Investment Insights
Based on property information with market context.
This 10,500 SF, 14-unit apartment building is being offered for sale. The property includes five units occupied by Memphis Housing Authority (MHA) voucher tenants, with rental income supported by public funding.
In addition to the current occupancy, there are nine vacant units, providing a lease-up opportunity for a new owner seeking to enhance cash flow.
The listing is presented by Sands Investment Group for buyers interested in a multifamily asset with both in-place income and near-term value-add through unit occupancy.
In addition to the current occupancy, there are nine vacant units, providing a lease-up opportunity for a new owner seeking to enhance cash flow.
The listing is presented by Sands Investment Group for buyers interested in a multifamily asset with both in-place income and near-term value-add through unit occupancy.
Key Highlights
- 14‑unit apartment building totaling 10,500 SF
- Nine vacant units provide immediate lease‑up potential
- Five units are currently leased by Memphis Housing Authority (MHA) voucher tenants
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - A 14-unit apartment building totaling 10,500 SF with nine vacant units and five currently leased by voucher tenants.
Where is this apartment building located?
The property is located at 860 N 7th St Memphis, TN.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 14‑unit apartment building totaling 10,500 SF; Nine vacant units provide immediate lease‑up potential; Five units are currently leased by Memphis Housing Authority (MHA) voucher tenants
