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This Multifamily Property is no longer advertised on LoopNet.com.

1245 Peabody Ave
Memphis, TN 38104

Multifamily Property For Sale · 6 Units

Investment Highlights

  • Booming Midtown Memphis
  • Recently Renovated
  • Combination of 2 Bedroom and Studio Units
  • Just South of Methodist Hospital
  • New Roof , New Electrical , New Mechanicals
  • Ideal for Long Term and Short Term Rentals

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class C
Lot Size 0.19 AC
Building Size 5,016 SF
Average Occupancy 33%
No. Stories 2
Year Built/Renovated 1900/2022
Parking Ratio 1.59/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 2 $1,350 800
Studios 4 $1,000 550

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-6006-0-0003
Land Assessment
$4,200
Improvements Assessment
$46,680
Total Assessment
$50,880

zoning

Zoning Code OL(HP)
OL(HP)
  • Listing ID: 29703869

  • Date on Market: 10/4/2023

  • Last Updated:

  • Address: 1245 Peabody Ave, Memphis, TN 38104

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