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2375 Forrest Ave
Memphis, TN 38112
Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- Wahers & Dryers
- Totally Renovated
- Near Overton Park
EXECUTIVE SUMMARY
2375 Forrest Avenue is a fully renovated, turnkey multifamily property located in Midtown Memphis just minutes from Overton Park. The property features well-appointed one-bedroom units with central heating and air, in-units washers and dryers, and modern finishes throughout. Currently operating 100% as a successful Airbnb short-term rentals, the property offers strong in-place income and consistent demand from travelers, medical professionals, and visiting executives. All furniture and appliances convey with the sale, making 2375 Forrest a true turnkey investment opportunity in one of Memphis' most desirable and walkable neighborhoods.
PROPERTY FACTS
| Price Per Unit | $173,985 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| No. Units | 4 | Building Size | 4,075 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1922 |
| Zoning | R-MM | ||
| Price Per Unit | $173,985 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 4,075 SF |
| No. Stories | 2 |
| Year Built | 1922 |
| Zoning | R-MM |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $2,125 | 18,519 |
PROPERTY TAXES
| Parcel Number | 03-3001-0-0042 | Improvements Assessment | $64,520 |
| Land Assessment | $13,800 | Total Assessment | $78,320 |
PROPERTY TAXES
Parcel Number
03-3001-0-0042
Land Assessment
$13,800
Improvements Assessment
$64,520
Total Assessment
$78,320
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