NOT LISTED FOR SALE

2238 Howell Ave Memphis, TN 38108

Hyde Park Neighborhood
110 Beds
-- Bath
36,250 Sq Ft
2.29 Acres

Last Sold November 28, 2022

Last sale price $1,250,000 $34 Per Sq Ft

122 Days on Market

Highlights

  • 2.29 Acre Lot
  • Laundry Facilities
  • Vinyl Flooring
  • Central Heating and Cooling System

About This Home

As of November 2022

This 60 unit building is a value add opportunity located less than 5 minutes north of booming Midtown Memphis. The property is a hundred percent vacant and needs major rehab. There are 50-2BR units and 10-1BR units. The total scheduled monthly income is 39960. Drive by only please. Make offer contingent on inspection.

Last Agent to Sell the Property

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 02/08/2022

Crye-Leike Commercial

Last Buyer's Agent

Jeffrey Moore

Crye-Leike Commercial License #250330 Listed on: 02/08/2022

Crye-Leike Commercial

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1957

Lot Details

  • 2.29 Acre Lot

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 36,250 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for some utilities
  • Assessor Parcel Number 042037 00191

Community Details

Overview

  • 5 Buildings
  • 60 Units
  • Sam Dattels Springdale Apartments Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $37,250
  • Utility Expense $10,080
  • Operating Expense $117,430

Property Details

Home Type

Apartment

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Apartment Building
  • MAAR Subdivision Name: SPRINGDALE APARTMENTS
  • Freestanding: Yes
  • List Price Per Sq Ft: 58
  • Number Of Stories: 2
  • Estimated Sq Ft: 36250
  • Year Built: 1957
  • Construction: Brick/Veneer
  • List Price Per Unit: 35000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Floors/Ceilings: Vinyl Floor

Exterior Features

  • Foundation: Slab
  • Roof: Shingle/Shake

Garage/Parking

  • Parking Facility: Asphalt/Blacktop

Utilities

  • Hot Water: Electrical
  • Cooling Systems: Central
  • Heating Systems: Central
  • Laundry: Common Laundry

Association/Amenities

  • Amenities: Leasing Office

Lot Info

  • Lot Number: 1
  • Acreage: 2.29
  • Lot Size: 270.47+164/300 X 350/300
  • Improved Sq Ft: 36250
  • Land Sq Ft: 99839

Rental Info

  • Actual Annual Rent: 431568
  • Leaseable Sq Ft: 36250
  • Tenant Pays: Some Utilities
  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: 042037 00191

Multi Family

  • Total Number Of Units: 60
  • Number2 Bedroom Units: 50
  • Type of Unit: 1 BR - 1 Bath, 2 BR - 1 Bath

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2022 11/28/22 Sold $1,250,000 -40.5% $34 / Sq Ft
06/10/2022 06/10/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $2,100,000 -- $58 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Moore

    Seller's Agent in 2022

    Jeffrey Moore

    Crye-Leike

    (901) 409-5671

    8 in this area

    81 Total Sales

    Jeffrey Moore
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10126203

Memphis Area Association of REALTORS®
Tennessee Shelby County Memphis 38108 Hyde Park

2238 Howell Ave, Memphis, TN

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® Listing content and images Copyright 2025 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
Some or all of the listings displayed may not belong to the firm whose website is being visited.

Nearby Homes