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3893 Pikes Peak Ave
Memphis, TN 38108
Multifamily Property For Sale
·
38 Units
Investment Highlights
- Recently renovated in 2023 — buildings and units are in excellent condition
- Priced to sell at $3,500,000 — attractive value for savvy investors
- On-site laundry facility providing valuable supplemental monthly income
Property Facts
| No. Units | 38 | Lot Size | 2.55 AC |
| Property Type | Multifamily | Building Size | 32,700 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1972/2023 |
| Zoning | RU-3 | ||
| No. Units | 38 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.55 AC |
| Building Size | 32,700 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1972/2023 |
| Zoning | RU-3 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Dining Room
- Freezer
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Free
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
| 2+1 | 16 | - | - |
| 3+1.5 | 14 | - | - |
Property Taxes
| Parcel Number | 06-2056-0-0163 | Improvements Assessment | $773,200 |
| Land Assessment | $69,240 | Total Assessment | $842,440 |
Property Taxes
Parcel Number
06-2056-0-0163
Land Assessment
$69,240
Improvements Assessment
$773,200
Total Assessment
$842,440
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