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Downtown Memphis House for Sale

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    $900,000

    • 6 Beds
    • 9,800 Sq Ft

    18 N 2nd St, Memphis, TN 38103

    Great Value Add Mix-Use Complex Located in the heart of downtown Memphis, 18 N. Second St. presents a rare opportunity to invest in a highly stable Complex. This prime property offers exceptional visibility, high foot traffic, and proximity to key landmarks such as Court Park, AutoZone Park, the Peabody Hotel, Charlie Vergos' Rendezvous and the vibrant South Main Arts District. With flexible

    Darlene Butler The Peyton Co., Inc., REALTORS

    18 N 2nd St, Memphis, TN 38103

Why Live in Downtown Memphis

Downtown Memphis is a lively neighborhood infused with the sounds of blues and rock music, complemented by the aroma of coffee shops. The area features revitalized historic buildings that house restaurants and residential spaces, adorned with colorful murals. Residents have access to cultural and entertainment venues, including the historic South Main District and Beale Street, known for its contributions to Rock n Roll and Blues music. The neighborhood offers a mix of rental apartments and a few condominiums, such as Claridge House and Waterford Plaza, with amenities like secured entry and rooftop decks. There are numerous things to do in Downtown Memphis, from attending events like the World Championship Barbecue Cooking Contest to enjoying community activities at local parks. Monthly South Main Trolley Nights bring live music and open houses to Main Street. Cultural centers, including the National Civil Rights Museum and the Stax Museum of American Soul Music, offer exhibitions and workshops. Dining options range from barbecue joints like Blues City Café to upscale restaurants like The Majestic Grille. Residents can shop at the farmers market, City Market, and Walgreens, with larger stores like Kroger nearby. Outdoor activities include walking along Tom Lee Park and kayaking at Mud Island Park. Public transit is available through the Memphis Area Transit Authority, and Memphis International Airport is about 11 miles away. Environmental cleanup efforts are addressing past contamination issues.

Home Trends in Downtown Memphis, TN

Housing Trends

Median Sale Price
$357,655
Median Single Family Sale Price
$357,655
Average Price Per Sq Ft
$139
Number of Homes for Sale
0
Last 12 months Home Sales
4
Months of Supply
0.00
Median List Price
$357,905
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
4%
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