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Map
$2,286,588*
●
Multifamily -
Off Market
2342 PARKWAY
Memphis, TN 38112
Studio
0 Bath
$1,440,000 - $1,758,000
Reference Base Price*
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
Tremendous Value-Add portfolio of 2 Apartments, 32 Units in
Midtown/Overton Square, a very desirable area. Huge Upside for
Buyer. 2342 Parkway Pl & 2345 Forrest Ave. Partially leased at
~$400/mo., w/ Renovations rents can be increased by +$450 to
$850/mo. Across from Overton Park, Tenants can walk to Levitt
Shell, Zoo, Overton Square, & Cooper Young, Brooks Museum,
Entertainment, Rhodes/CBU, Restaurants, & Shopping! High Traffic of
>36,000 adt. New developments nearby. Don't miss out on
this!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$4,507
HOA Dues
-
Year Built
-
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 21, 2020 | No longer available | - | |
| No longer available | |||
| Oct 27, 2019 | Price Decreased |
$1,599,000
↓ $100K
(5.9%)
|
|
| Price Decreased | |||
| Jul 31, 2019 | Listed | $1,699,000 | |
| Listed | |||
Property Highlights
2342 PARKWAY
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
07/31/2019
|
|
Studio
|
-
|
-
|
$1,699,000
Studio
-
|
-
-
|
-
|
-
|
Building Info
