This Multifamily Property is no longer advertised on LoopNet.com.

605-607 E Mclemore Ave
Memphis, TN 38106
Mclemore Apartments · Multifamily Property For Sale · 36 Units

Investment Highlights

  • Value add multifamily with development potential
  • Opportunity Zone

Property Facts

No. Units 36
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.34 AC
Building Size 22,776 SF
Average Occupancy 69%
No. Stories 2
Year Built 1963
Parking Ratio 1.26/1,000 SF
Zoning R-6 - Commercial

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 36 $650.00 630

Property Taxes

Property Taxes

Parcel Number
02-5042-0-0007
Land Assessment
$12,840
Improvements Assessment
$60,000
Total Assessment
$72,840
  • Listing ID: 26682543

  • Date on Market: 9/21/2022

  • Last Updated:

  • Address: 605-607 E Mclemore Ave, Memphis, TN 38106

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