Property Description

Calling all Mulit-family developers/investors! Prime Multifamily Development Opportunity!

Exceptional opportunity to acquire a 0.90-acre multifamily development site in Memphis. Zoned RU-3 (Multifamily Residential), this property is ideally suited for apartment, townhome, or other multifamily residential development. The site previously accommodated a 28-unit garden-style apartment complex, making it an attractive redevelopment opportunity with a proven history of multifamily use.

All major utilities are already available on-site, including MLGW electric, gas, water, and Memphis City Sewer, helping reduce development costs and streamline the construction process. Whether you're looking to build a new apartment community or capitalize on the growing demand for quality housing in Memphis, this property offers an excellent foundation for your next project.

Conveniently located with easy access to major thoroughfares, employment centers, shopping, and dining, 2955 Barron Ave. provides developers and investors with an outstanding opportunity to create much-needed multifamily housing in a well-established area.

Property Features