18 N 2nd St Memphis, TN 38103
Downtown Memphis NeighborhoodEstimated payment $5,613/month
Total Views
2,406
6
Beds
--
Bath
9,800
Sq Ft
$92
Price per Sq Ft
Highlights
- 0.08 Acre Lot
- Efficiency Studio
- 2-minute walk to Court Square
- Wood Flooring
- Central Heating and Cooling System
About This Home
Exceptional Mixed-Use Investment Opportunity in Downtown Memphis Located in the vibrant heart of Downtown Memphis, this high-value mixed-use complex presents a rare opportunity to invest in a stable and strategically positioned property. Boasting outstanding visibility and consistent foot traffic, the site is just steps from iconic landmarks, including the renowned Peabody Hotel. Key highlights: ...Prime Location: Surrounded by cultural, commercial, and entertainment hubs ...High Foot Traffic: Ideal for retail, dining, and service-oriented tenants ...Flexible Zoning: Supports a variety of uses to maximize ROI Strong Investment Potential: Proven stability and long-term growth prospects Whether you're seeking a flagship retail space, dynamic office suites, or residential development potential, this property offers unmatched versatility and prominence in one of Memphis’s most desirable districts.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,631
Year Built
- Built in 1903
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 24.75x148.5
Parking
- Over 1 Space Per Unit
Home Design
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 9,800 Sq Ft Home
- 2-Story Property
- Efficiency Studio
- Washer
Kitchen
- Free-Standing Range
- Disposal
Flooring
- Wood
- Vinyl
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 002025 00010
Community Details
Overview
Security
- Security Lighting
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,631 | $368,640 | $60,480 | $308,160 |
| 2024 | $8,631 | $254,600 | $43,200 | $211,400 |
| 2023 | $15,509 | $254,600 | $43,200 | $211,400 |
| 2022 | $15,509 | $254,600 | $43,200 | $211,400 |
| 2021 | $15,691 | $254,600 | $43,200 | $211,400 |
| 2020 | $16,964 | $234,120 | $43,200 | $190,920 |
| 2019 | $16,964 | $234,120 | $43,200 | $190,920 |
| 2018 | $6,590 | $84,280 | $43,200 | $41,080 |
| 2017 | $2,366 | $57,560 | $43,200 | $14,360 |
| 2016 | $2,515 | $57,560 | $0 | $0 |
| 2014 | $1,536 | $0 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | For Sale | $900,000 | -- | $92 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $1,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $100,000 | -- | |
| Warranty Deed | $75,000 | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $338,585 | Commercial | |
| Previous Owner | $305,906 | Commercial | |
| Previous Owner | $90,000 | Commercial | |
| Previous Owner | $394,089 | Construction | |
| Previous Owner | $101,874 | Seller Take Back | |
| Previous Owner | $206,000 | Commercial | |
| Previous Owner | $460,768 | Commercial | |
| Previous Owner | $47,476 | Commercial | |
| Previous Owner | $50,000 | Unknown | |
| Previous Owner | $145,518 | Commercial | |
| Closed | $117,613 | No Value Available |
Source: Public Records
Similar Homes in Memphis, TN
Source: Memphis Area Association of REALTORS®
MLS Number: 10201822
APN: 00-2025-0-0010
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