18 N 2nd St Memphis, TN 38103
Downtown Memphis NeighborhoodEstimated payment $5,709/month
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.
Property Details
Home Type
- Multi-Family
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
Community Details
- 6 Units
- Insurance Expense $5,767
- Security Lighting
Listing and Financial Details
- Assessor Parcel Number 002025 00010
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $9,916 | $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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/09/2026 03/09/26 | Price Changed | $885,000 | -1.7% | $90 / Sq Ft |
| 07/22/2025 07/22/25 | For Sale | $900,000 | -- | $92 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $338,585 | Commercial | |
| Previous Owner | $101,874 | Seller Take Back | |
| Previous Owner | $145,518 | Commercial |
Source: Memphis Area Association of REALTORS®
MLS Number: 10201822
APN: 00-2025-0-0010
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Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.
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