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291 Greenlaw Ave
Memphis, TN 38105
291 Greenlaw Ave. · Multifamily Property For Sale · 8 Units

Investment Highlights

  • Located North of Booming Downtown Memphis
  • Central Heating & Air
  • Great Value Add Opportunity
  • All 2 Bedroom Units
  • Good Corner Location

Executive Summary

This 8 unit property features 8 - 2 bedroom units with central heating and air. The property is located just north of downtown Memphis in an area experiencing significant growth and redevelopment. It sits just north of St Jude Children's Research Hospital which is currently undergoing a $500,000 expansion. This continued investment is bringing increased employment and housing demand to the area. This is a rare value add opportunity. The scheduled monthly rents are $6,000 per month.

Property Facts

Price Per Unit $130,193 CAD
Sale Type Investment
No. Units 8
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Low-Rise
Lot Size 0.25 AC
Building Size 7,042 SF
Average Occupancy 88%
No. Stories 2
Year Built 1960
Opportunity Zone Yes

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 8 $1,008 CAD 880
  • Listing ID: 39789291

  • Date on Market: 2026-03-16

  • Last Updated:

  • Address: 291 Greenlaw Ave, Memphis, TN 38105

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