Building Details

Units 5

Listing Agency: NAI Saig Company

Listed By: Reynolds Willis · License #TN 362806 Show Phone

Source: Crexi

Added: Aug 9, 2022 Changed: Aug 25 Last Checked: Sep 3 at 12:20PM

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Investment Insights

Based on property information with market context.

This is a completely renovated 5-unit apartment building located in Uptown. Each unit features 2 bedrooms and 1 bathroom. Renovations include LVT flooring downstairs, carpet upstairs, LVP, all new electrical, plumbing, HVAC units, a new roof, windows, and millwork/cabinetry, as well as new sheet rock.

Key Highlights

• Completely renovated building with new electrical, plumbing, HVAC units, and roof.
• Five 2‑bedroom/1‑bathroom apartments.
• Located in Uptown.

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Big Box & Wholesale Store Spa & Massage Center Skin Care Clinic 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

645

Businesses Nearby

Explore this area Business Placement

Demographics for 38107, TN

15,655

Population

8,093

Households

1.9

Avg Household Size

37

Median Age

24%

College-Educated

87%

High-School Grad

5.4 sq mi

ZIP Area

2,899

Density / Sq Mi

$36,393

Median Household Income

$34,958

Median Earnings

$999

Median Rent

$128,600

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Apartment building - Completely renovated 5-unit apartment building in Uptown.

Where is this apartment building located?

The property is located at 712 N 5th St Memphis, TN.

What is the asking price?

The asking price for this property is $625,000.

What are key features of this property?

This property features: Completely renovated building with new electrical, plumbing, HVAC units, and roof.; Five 2‑bedroom/1‑bathroom apartments.; Located in Uptown.