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860 N 7th St
Memphis, TN 38107 North Memphis

$700,000 USD

Apartments For Sale  •  10,500 SF

Property Details

• Property Type Apartments
• Total Building Size 10,500 SF
• Lot Size 0.49 AC
• Building Class C
• Year Built 1965
• Zoning MDR

45 Transit Score

71 Walk Score

Highlights

Five units are currently occupied with rental payments backed by the Memphis Housing Authority.

Memphis Housing Authority payment standards often exceed traditional street rents.

Nine vacant units provide an immediate opportunity to increase asset value through lease-up.

All 14 units feature identical two-bedroom, one-bathroom floor plans, enabling streamlined management and maintenance.

The building comprises approximately 10,500 square feet and is situated on a 0.49-acre lot.

Public Transportation

Commuter Rail	Drive	Walk	Distance
Central Station (Riverfront Loop - Memphis Area Transit Authority Trolley (MataTrolley))	6 min	-	2.9 mi
Airport	Drive	Walk	Distance
Memphis International	23 min	-	11.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	8
Type:	Surface
Included in Rent:	Yes