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Priced at $1,850,000, this 20-unit multifamily apartment building sits in the vibrant Midtown Memphis neighborhood. The asset represents a residential investment in one of the city's most established submarkets, known for its historic character and proximity to the medical district and local cultural amenities. The property structure is well-positioned for an investor seeking to maintain a steady rental footprint in a supply-constrained urban environment. Midtown serves as a central hub for the Memphis metropolitan area, benefiting from steady demand from students, healthcare professionals, and urban dwellers who prioritize walkability and access to downtown. This apartment building offers a stable base for a residential portfolio, providing potential for long-term income generation within a dense, infill location. Proximity to major transit routes ensures connectivity to the wider regional economy, supporting consistent occupancy potential for this unit count.
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