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5-Unit Multifamily Property
New
For Sale
$360,000

95 North Willett Street, Memphis, TN 38104

The five-unit property has been used for short-term rentals and may also suit long-term leasing.

Property SizeContact for details
Days on Market5

Property Features for 95 North Willett Street

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 5

Building Details

Year Built 1910
Buildings 1
Units 5
Listing Agency: Woodyard Realty Corporation
Listed By: Worth Woodyard · License #356099
Source: Woodyardrealty
Added: Oct 1 Changed: Oct 3 Last Checked: Oct 4 at 7:13AM

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.

This multifamily property contains 5 units and was built in 1910. Its existing use has been short-term rentals, with long-term leasing also identified as an option.

The property is at 95 North Willett Street in Memphis. Overton Square and Cooper-Young are described as nearby destinations, and the Medical District is noted as accessible for commuting.

Key Highlights

  • 5‑unit multifamily property
  • Built in 1910
  • Short‑term rental use; long‑term leasing is also identified as an option

Property Analytics

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Current Use

Tucker Buys Houses ... Real Estate Agency

Suggested Use

Top Pick HVAC Service Electrical Service Grocery & Convenience Store Carpet & Flooring Store Pet Grooming Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

2,589
Businesses Nearby

Demographics for 38104, TN

22,584
Population
14,315
Households
1.6
Avg Household Size
38
Median Age
52%
College-Educated
93%
High-School Grad
5.0 sq mi
ZIP Area
4,517
Density / Sq Mi
$56,452
Median Household Income
$48,300
Median Earnings
$1,073
Median Rent
$301,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - The five-unit property has been used for short-term rentals and may also suit long-term leasing.
Where is this apartment building located?
The property is located at 95 North Willett Street Memphis, TN.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: 5‑unit multifamily property; Built in 1910; Short‑term rental use; long‑term leasing is also identified as an option
More about this property
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