Share This Listing

Message

936 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

592 Patterson St
Memphis, TN 38111
Southernwood Apartments · Multifamily Property For Sale · 11 Units

Investment Highlights

  • Near The University of Memphis
  • Central Heating & Air
  • Updated Kitchens & Baths

Executive Summary

This 12 unit multi family is located next to the University of Memphis. Great mix of units that include Studios, 1-br & 2-br.

Property Facts

Price Per Unit $87,000
Sale Type Investment
No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.31 AC
Building Size 8,981 SF
Average Occupancy 100%
No. Stories 2
Year Built 1965
Parking Ratio 1.93/1,000 SF
Opportunity Zone Yes
Zoning RU-3

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Disposal
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Smoke Free
  • Trash Pickup - Curbside
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 $875.00 785
2+1 5 $875.00 850
  • Listing ID: 39672328

  • Date on Market: 3/5/2026

  • Last Updated:

  • Address: 592 Patterson St, Memphis, TN 38111

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}