2342 Parkway Pl Memphis, TN 38112
Property size:
20,924 SF- Added:
- Dec 11, 2024
- Days on Market:
- 370
Property Features for 2342 Parkway Pl
General Information
- Property type
- Multifamily properties
- Square Feet
- 20,924 SF
- Lot Size
- 44,431 SF
Building Details
- Year Renovated
- 2022
- Buildings
- 3
- Stories
- 2
- Units
- 32
HighLights
- 32‑unit Class A multifamily property in Midtown Memphis, recently renovated.
- Prime location near Overton Park, Overton Square, and major employment centers including the Medical District and Downtown CBD.
- 2022 full‑scale renovation with updated interiors (cabinetry, countertops, appliances, baths) and exteriors (roof, windows, parking, landscaping).
- 92% occupancy with average rent of $1,072 ($1.65/SF).
- Offered at $4,100,000 ($128,125/unit), presenting significant upside potential due to below‑market rents.
Current Use by Public Records
Parkway Place Apartments
Apartment Building
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.9811404
- Latitude
- 35.1495485
Nearby Similar for Sale
FAQs
Where is this multifamily property located?
The property is located at 2342 Parkway Pl Memphis, TN.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: 32-unit Class A multifamily property in Midtown Memphis, recently renovated.; Prime location near Overton Park, Overton Square, and major employment centers including the Medical District and Downtown CBD.; 2022 full-scale renovation with updated interiors (cabinetry, countertops, appliances, baths) and exteriors (roof, windows, parking, landscaping).
