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Renovated Uptown 5-Unit Apartment Building
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712 N 5th St, Memphis, TN 38107

Completely renovated 5-unit apartment building in Uptown.

Property SizeContact for details
Days on Market1533

Property Features for 712 N 5th St

General Information

Standard status Active
Class B
Property subtype Multifamily

Building Details

Units 5
Listing Agency: NAI Saig Company
Listed By: Reynolds Willis · License #TN 362806
Source: Crexi
Added: Aug 9, 2022 Changed: Oct 12 Last Checked: Oct 16 at 8:17AM

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 NAI Saig Company

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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

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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

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
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

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.
(901) 526-3100 Call to check price and availability
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