$10,000

closing credit¹

528 E Parkway Ave Memphis, TN 38112

$2,000,000
Multi-Family

Property details

About 528 E Parkway Ave

This 16-unit apartment building offers a range of studio to 2-bedroom apartments. Perfect for investors seeking steady rental income in a prime location. Each unit provides comfortable living spaces, all appliances including a washer and dryer, and consistently offers high occupancy rates. Don’t miss out on this promising addition to your portfolio!

Highlights

Home typeMulti Family
HeatingCentral
StatusActive
CoolingCentral Air
Year built1924
ParkingAsphalt/Blacktop
MLS #10179790

Summary

  • MLS Number: 10179790
  • Office Name: Pinnacle Realty

Copyright© 2025 Memphis Area Association of REALTORS. The 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 that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 4:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of building exterior

$2,000,000

528 E Parkway Ave

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

5

William H. Brewster Elementary School

Public Magnet PK-5

0.5 mi

2605 Sam Cooper Blvd

5

Springdale Elementary School

Public Magnet PK-5

0.7 mi

880 N Hollywood St

3

Cornerstone Preparatory - Lester Campus

Public Charter PK-5

1.2 mi

320 Carpenter St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $17,273. Residents of Memphis, TN typically earn less than $<35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

81%
<35k
19%
35k-100k
0%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

59%
Single, No Kids
27%
Single, with Kids
9%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
10%
12-17 yrs old
22%
18-34 yrs old
40%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Golden CorralGolden Corral
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 528 E Parkway Ave in Memphis, TN and zip code 38112 in the Binghampton / Lester neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $2,000,000.

In December 2024 more than 61 listings in Memphis, TN were sold above the asking price. During the same period more than 97 listings were sold at asking price, while more than 237 were sold below. The number of listings in Memphis, TN increased by 1.5% between November and December 2024. In December 2024 median list price was $190,593 and the average listing age was 67 days.

From Rocket Homes Real Estate and based on county public records data.

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