Listed by Crye-Leike Commercial Memphis
$1,900,000
1903 S Parkway
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 39,088
Units 46
Pro-Forma Cap Rate 3.9%
Pro-Forma NOI $74,090
Price per SqFt $49
Broker Co-Op Yes
Year Built 1948
Acreage 4.280
Multifamily | 46 Units | $41,304/unit
Marketing description
Great midtown Memphis value add opportunity. Very peaceful working class apartment community minutes away from Cooper-young and everything midtown has to offer.
Listing Contacts
Listed by Crye-Leike Commercial Memphis
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Zoning
RU-1 ResidentialTwo FamilyResidential Urban 1
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View all 168 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
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