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For sale
  • $900,000

    18 N 2nd St, Memphis, TN 38103

    --beds
    --baths
    --sqft
    : 
    Multi Family
    Built in 1903
    -- sqft lot
    $842,200 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Outstanding visibility
    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.
    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#: 10201822MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 18 N 2nd St.

    Next available tour time:Today at 11:30am

    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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