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.
For sale
$900,000
18 N 2nd St, Memphis, TN 38103
--beds
--baths
--sqft
Est.:
Multi Family
Built in 1903
-- sqft lot
$842,200 Zestimate®
$--/sqft
$-- HOA
What's special
Outstanding visibility
- 17 days
- on Zillow |
- 291 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: August 05, 2025 at 11:25am
Listed by:
Darlene Butler,
The Peyton Co., Inc., REALTORS 901-345-5555,
Michelle R Shelton,
The Peyton Co., Inc., REALTORS
Source: MAAR,MLS#: 10201822

Travel times
Tour with a buyer's agent
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Facts & features
Interior
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Refrigerator, Range/Oven (Freestanding), Disposal
- Laundry: Washer in Unit
Features
- Flooring: Hardwood, Vinyl
Property
Parking
- Parking features: More Than 1 Per Unit
Features
- Stories: 2
Lot
- Size: 3,675.38 Square Feet
- Dimensions: 24.75 x 148.5
Details
- Parcel number: 002025 00010
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick Veneer
- Foundation: Slab
- Roof: Other (See REMARKS)
Condition
- Year built: 1903
Community & HOA
Community
- Security: Security Lights
- Subdivision: Unknown
Location
- Region: Memphis
Financial & listing details
- Tax assessed value: $636,500
- Annual tax amount: $16,766
- Date on market: 7/22/2025
- Listing terms: Conventional
- Lease term: 12 Months
- Tenant pays: Some Utilities, Heating, Gas, Electricity
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