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1744 N Graham St
Memphis, TN 38108
Graham Manor Apartments · Multifamily Property For Sale
·
22 Units
INVESTMENT HIGHLIGHTS
- Substaintial recent renovations
- Active and evolving neighborhood
- Turn-Key
- Occupancy steadily rising as all units are now fully renovated
EXECUTIVE SUMMARY
1744 N Graham is a 22-unit multifamily property in the heart of Berclair, one of Memphis’s most active and evolving neighborhoods. The property consists of 20 two-bedroom units and 2 one-bedroom units, with current occupancy at 86% and rising quickly as renovated units are leased. The seller has made significant capital improvements including updated plumbing, new appliances, fresh exterior paint, roofing enhancements, and upgraded window units. Located just minutes from I-40, Poplar Avenue, and the University of Memphis, this property offers strong rental demand in a neighborhood known for its affordability and central access. With much of the heavy lifting complete, 1744 N Graham is well-positioned for continued lease-up and long-term cash flow.
Please reach out to Dylan Patel at (901) 826-8712 for further information!
Please reach out to Dylan Patel at (901) 826-8712 for further information!
PROPERTY FACTS
| Price Per Unit | $59,091 | Lot Size | 0.72 AC |
| Sale Type | Investment | Building Size | 15,000 SF |
| No. Units | 22 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1964/2025 |
| Apartment Style | Garden | Parking Ratio | 2.67/1,000 SF |
| Building Class | C | ||
| Zoning | C - Commercial | ||
| Price Per Unit | $59,091 |
| Sale Type | Investment |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.72 AC |
| Building Size | 15,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1964/2025 |
| Parking Ratio | 2.67/1,000 SF |
| Zoning | C - Commercial |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | 400 |
| 2+1 | 20 | - | 500 |
PROPERTY TAXES
| Parcel Number | 06-2048-0-0001C | Improvements Assessment | $244,480 |
| Land Assessment | $25,120 | Total Assessment | $269,600 |
PROPERTY TAXES
Parcel Number
06-2048-0-0001C
Land Assessment
$25,120
Improvements Assessment
$244,480
Total Assessment
$269,600
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