Memphis TN Multi Family for Sale
$1,988,000
508 S MAIN St Memphis, TN 38103
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- 10174028
- Subdivision:
- MERCHANTS C.P.&S CO
View additional info
Courtesy: Crye-Leike, Inc., REALTORS
901-766-9004
Chris Garland
ADDITIONAL INFORMATION
2 BUILDINGS AT 508-510 S MAIN ST - 508 S. Main: Approx. 9,400 sf. It is a 3 story building with finished basement office space and rooftop observation room and deck - 1st floor is retail space. 2nd floor is a 2 bedroom 2 bath apartment. 3rd Floor is a 2 bedroom 2 bath apartment. 510 S Main: Approx. 4,700 sf. It is a 2 story building- 1st floor is retail in the front and a studio apartment in the rear. The 2nd floor is a 3 bedroom 2 Bath apartment. NO LEASES, THIS WAS 100% OWNER OCCUPIED
All information provided is deemed reliable but is not guaranteed and should be independently verified. Such information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site is courtesy of the Memphis Area Association of Realtors Internet Data Exchange Program. Copyright 2024 Memphis Area Association of REALTORS. All rights reserved.
Memphis Real Estate
The median home value in Memphis, TN is $148,300. This is lower than the county median home value of $206,500. The national median home value is $338,100. The average price of homes sold in Memphis, TN is $148,300. Approximately 40.23% of Memphis homes are owned, compared to 45.77% rented, while 14% are vacant. Memphis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Memphis real estate agent to arrange a tour today!
Memphis, Tennessee 38103 has a population of 634,139. Memphis 38103 is less family-centric than the surrounding county with 19.26% of the households containing married families with children. The county average for households married with children is 25.11%.
The median household income in Memphis, Tennessee 38103 is $43,981. The median household income for the surrounding county is $55,015 compared to the national median of $69,021. The median age of people living in Memphis 38103 is 34.2 years.
Memphis Weather
The average high temperature in July is 90.9 degrees, with an average low temperature in January of 30.3 degrees. The average rainfall is approximately 54.1 inches per year, with 3 inches of snow per year.