1173 Vance Ave - Apartments FOR SALE


Memphis, TN 38104- Midtown Memphis
$380,000 USD
901-273-6648
1173 Vance Ave, Memphis, TN for Sale
$380,000 USD
Apartments - FOR SALE
1/29
null | Request Cap Rate

1173 Vance Ave
Memphis, TN 38104
Midtown Memphis


OVERVIEW

Prime Midtown Investment Opportunity! Just minutes from the energy of Overton Square and the eclectic charm of Cooper-Young, this 5-unit multifamily property offers unmatched access to Memphis’ best dining, nightlife, and cultural experiences. Its central location also makes commuting to the Medical District quick and convenient, with thousands of new jobs fueling future growth. Whether you continue its short-term rental use (Airbnb/VRBO) or convert to stable long-term leases, this property presents incredible flexibility and income potential in one of Memphis’ most sought-after neighborhoods.

FOR SALE DETAILS

PRICE

$380,000 USD

PRICE/SF

$94 USD /SF

# OF UNITS

5

PRICE/UNIT

$76,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,971 SF

ZONING

RMM

APN/PARCEL ID

01-8047-0-0005

ASK ABOUT THIS PROPERTY

Worth WoodyardWoodyard Realty CorporationMore Info
901-273-6648

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Worth WoodyardWoodyard Realty CorporationMore Info
901-273-6648

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.