18 N 2nd St, Memphis, TN 38103
Property image
Property image
FOR SALE

$885,000

  • Studio
  • 9,800 sqft

18 N 2nd St, Memphis, TN 38103

Downtown
Est. Mortgage $5,489/mo*
Get Pre-Qualified

Home Highlights

Multi-Family
Built in 1903
$90/sqft

Local Information

  • Map ViewExplore the area around 18 N 2nd St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique: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.
Last check for updates: about 6 hours ago
Listing courtesy of Darlene Butler
The Peyton Co., Inc., REALTORS, (901) 345-5555
Michelle R Shelton
The Peyton Co., Inc., REALTORS, (901) 345-5555
Source: MAAR, MLS#10201822
Also Listed on MAAR.

Home Details for 18 N 2nd St

Interior Features

Dimensions and Layout
Living Area: 9800 Square Feet
Appliances & Utilities
Appliances: Refrigerator, Range/Oven (Freestanding), DisposalDisposalLaundry: Washer in UnitRefrigerator
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Windows, Doors, Floors & Walls
Flooring: Hardwood, Vinyl
Levels, Entrance, & Accessibility
Stories: 2Floors: Hardwood, Vinyl
Security
Security: Security Lights

Exterior Features

Exterior Home Features
Roof: Other See REMARKSFoundation: Slab
Parking & Garage
Parking: More Than 1 Per Unit

Days on Market

Cumulative Days on Market: 359Days on Market: 180+

Property Information

Year Built
Year Built: 1903
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Other (See REMARKS)Architecture: Other (See REMARKS)
Building
Construction Materials: Brick Veneer
Property Information
Parcel Number: 002025 00010

Price & Status

Price
List Price: $885,000Price Per Sqft: $90
Status Change & Dates
Possession Timing: Negotiable

Active Status

MLS Status: Active

Location

Direction & Address
City: MemphisCommunity: Unknown

Agent Information

Listing Agent
Listing ID: 10201822

Lot Information

Lot Area: 3675.375 sqft

Offer

Listing Terms: Conventional

Business

Expense
Tenant Pays: Some Utilities, Heating, Gas, Electricity

Miscellaneous

Mls Number: 10201822Living Area Range Units: Square Feet

Around this home

Neighborhood Overview

Downtown
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Downtown

At least 264 Trulia users voted on each feature.

  • 85 % Say there are sidewalks

  • 76 % Say car is needed

  • 72 % Say it's dog friendly

  • 71 % Say streets are well-lit

  • 64 % Say it's walkable to restaurants

  • 64 % Say there's holiday spirit

  • 60 % Say parking is easy

  • 56 % Say yards are well-kept

  • 48 % Say it's quiet

  • 45 % Say kids play outside

  • 43 % Say neighbors are friendly

  • 43 % Say they plan to stay for at least 5 years

  • 40 % Say people would walk alone at night

  • 38 % Say it's walkable to grocery stores

  • 37 % Say there are community events

  • 22 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Samantha Dahmer
    "Private schools or public in the suburbs for parents moving from out of state to the Memphis area. School buses are about the only public transit. "
    0
    Flag
  • Trulia User
    "Little grass to walk and lots of speeding cars not paying attention to lights pedestrians and animals "
    0
    Flag
  • Samantha Dahmer
    "Public schools outside of Memphis are great, surrounding suburbs. If you live in Memphis city limits, try private schools."
    0
    Flag
  • Trulia User
    "There are different things the children can play, parks, you can go downtown and the pretty lights on different cars, prowlers, you can go riding on school buses for entertainment, here music with different lights on the bus, Beal street is open. There plenty of security around the city. When it is dark keep your children close to your side and enjoy yourselves."
    2
    Flag
  • Trulia User
    "The neighborhood seems very nice. Everything was clean. The houses very organized. The grass was nice. The mail ran on time. The people seemed to be very friendly. Also there was not any Home owners association fees. Everybody seemed to a gravitational community."
    9
    Flag
  • Jeremy F.
    "We have a variety of Festivals and events that celebrate the culture of the south. There are live music, great food, and games to play."
    6
    Flag
  • Lonneystar
    "People are friendly and willing to offer directions or information about the area. There are many stores and restaurants nearby. "
    1
    Flag
  • Alan B.
    "Dog park and parks are nearby. It is very walkable to most parks. There does however, seem to be an abundance of dog waste left around the city"
    2
    Flag
  • Emma L.
    "There is a giant, nice new dog park with a space for large dogs and a space for smaller dogs. There’s a little by river walk that’s wide enough for you to pass another dog, and tons of grass for them to run around in."
    5
    Flag
  • Alyssa R.
    "St Jude marathons, close to downtown, uptown, midtown, cooper young, Overton square area which have events monthly"
    2
    Flag
  • Shannon F.
    "Mississippi River views- quiet, privacy. Feeling of security and community amongst all neighbors. Neighbors are friendly. "
    2
    Flag
  • Juantena J.
    "I like where I live...a lot of places are very close. I can walk to the grocery store and Walgreens. I'm not use to living in the "City" so hearing the police sirens and ambulances too, I've gotten use to it"
    4
    Flag
  • Luh C.
    "Be strong and take care of what need to be done as in responsibility. Provide strive for greatness. "
    3
    Flag
  • Ebony C.
    "Not sure because I don’t own any pets and have no desire to do so. However there is a dog park downtown and other park areas "
    2
    Flag
  • Parker R.
    "Heavy traffic area, not awesome for walking your dog. Taking your dog down by the river is nice though, which is a short-ish walk away or a very short drive."
    1
    Flag
  • Hunny P.
    "Right by the river. Peaceful and calm environment. If you do get bored, night life is right around the corner. You get it all without sacrificing the peace and ambience "
    29
    Flag
  • Chloe S.
    "12 minutes to midtown. Not terrible traffic really. 5 minutes to West Memphis, AR. Roads are very easy to navigate"
    2
    Flag
  • Hunny P.
    "Accessible to parks and events. Quiet even though it is next to the street. Dog parks around the corner, food and grocery around the corner. You can take peaceful walks on the bridge. Amazing view"
    1
    Flag
  • Jaimie W.
    "Walking around or using a scooter down town, particularly south main is safe. Outside park areas available. "
    0
    Flag
  • Becky L. B.
    "South main arts district and business constantly expanding the area so our downtown can grow. Is residential in a downtown atmosphere. "
    18
    Flag
  • Murrellneal48
    "Dogs always have fun being walked by there owner. So to make a long story short. They are always very happy to be walked by there owner. And play with children."
    0
    Flag
  • Chauncey R.
    "My commute is pretty decent. I’m in the middle of everything and really don’t have to leave the house. The only downside is there is no grocery store in the area."
    1
    Flag
  • Danielle R.
    "Trolley nights on Main Street are very popular. Farmers market on Saturday mornings, new initiatives on Beale street landing on the river"
    0
    Flag
  • Goldmike99
    "Love living downtown good people not great for kids. Dog walkers is are all over and people are so friendly."
    9
    Flag
  • Goldmike99
    "A lot of people walk there dogs downtown and plenty of small places. Also small dog parks local in the area."
    0
    Flag
  • Evans.bran
    "It’s actually great for dog owners as long as they are leashed. There is plenty of places to walk them."
    0
    Flag
  • Alyssa R.
    "close to downtown, hospitals, Mississippi River, Overton Square, Midtown, Cooper Young, West Memphis, "
    3
    Flag
  • Elijah D.
    "One of the safest areas of downtown. Living next to the river is a huge plus and wonderful for children and those with pets. Bugs are a problem though if you don’t mind them too much "
    8
    Flag
  • Gayle M.
    "My neighborhood is fun and has a lot of great restaurants & entertainment nearby. But it can be sketchy after dark."
    0
    Flag
  • De-Mi W.
    "Great family environment! Great grocery store, school, restaurants and much more! The scenery is so beautiful! "
    0
    Flag
  • Norton2352
    "Lots of dog walkers- shops and cool nightlife- young people like the area- low crime rate- close to my church and my daughters family "
    1
    Flag
  • Niyungeko J.
    "It is important as a parents to chose an area that's safe for the kids to play without having to worry about anything. An area that's close to the park and it's safe. Also do house shopping wuth kids and get kids views of the houses as it will give you an ideas and add your ideas and their ideas to compromise"
    0
    Flag
  • Brian C.
    "Extremely easy access to the interstate so most trips are only 20-25 minutes. New traffic light at Georgia and Riverside makes the left turn a breeze to make now."
    0
    Flag
  • rae h
    "The traffic is bad 7-9am and 4-6pm which is typical everywhere. but any other time is pretty quiet but there is almost never parking anywhere. ever."
    0
    Flag
  • Tylersmith1031
    "I love downtown Memphis; it’s nice up incoming area. It’s exciting seeing Memphis become America’s next modernized renovated big city right before my eyes. "
    0
    Flag
  • JohnnyG
    "I've lived in this neighborhod for over three years and I've never had a problem. The people are nice and friendly I I feel safe walking at night."
    12
    Flag
  • Lisa A. D.
    "Close to the River, close to the bluffs, Secure, gated, some noise from special events or some weekends for the most part it is quite"
    0
    Flag

Market trends in Downtown

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$159K
$10.37KMoM
Sale-to-List Price
—
Price per sq ft
$120
$3MoM
Available listings
384
3MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
508 S Main St, Memphis, TN
0.92
Multi-Family Home
$1,500,000
10/29/25
-
9,000
486 E Georgia Ave, Memphis, TN
1.14
Multi-Family Home
$490,000
02/27/26
-
6,150
670 Bethel Ave, Memphis, TN
1.49
Multi-Family Home
$188,000
09/26/25
-
3,144
494 Walker Ave, Memphis, TN
1.79
Multi-Family Home
$180,000
05/20/26
-
2,800

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
107 Court Ave #302, Memphis, TN 38103
0.02
$179,000
2
2
1,498
Off Market
127 Madison Ave #401, Memphis, TN 38103
0.06
$292,000
2
2
-
Off Market
123 S Court Ave #401, Memphis, TN 38103
0.05
$278,900
2
2
2,412
Off Market
123 S Court Ave #601, Memphis, TN 38103
0.04
$357,100
1
2
2,412
Off Market
127 Madison Ave #1701, Memphis, TN 38103
0.06
$794,900
3
3
3,065
For Sale
127 Madison Ave #602, Memphis, TN 38103
0.06
$215,000
2
2
1,500
For Sale
127 Madison Ave #201, Memphis, TN 38103
0.06
$199,900
2
2
1,400
For Sale
123 S Court Sq #501, Memphis, TN 38103
0.05
$275,000
2
2
2,412
Recently Sold
107 Court Ave #202, Memphis, TN 38103
0.06
$249,800
2
2
1,526
For Sale
107 Court Ave #203, Memphis, TN 38103
0.06
$179,900
2
2
1,459
For Sale
107 S Court Sq #202, Memphis, TN 38103
0.07
$180,400
2
2
-
Off Market

Price and Tax history

DateEventPrice
Mar 9, 2026
Source: MAAR #10201822
PriceChange
$885,000
Price decreased by 2%
Jul 22, 2025
Source: MAAR #10201822
Listed For Sale
$900,000
Jul 2, 2002
Source: N/A
Sold
$100,000
Aug 5, 1999
Source: N/A
Sold
$75,000

LGBTQ Local Legal Protections

Darlene Butler, The Peyton Co., Inc., REALTORS, (901) 345-5555
Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. 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 consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
Some or all of the listings displayed may not belong to the firm whose website is being visited.

Similar Homes You May Like

Skip to last item
Skip to first item

New Listings near 18 N 2nd St

Skip to last item
Skip to first item

Frequently asked questions about 18 N 2nd St

  • What is the estimated monthly payment for 18 N 2nd St?
    Based on a $885,000 list price with 20% down at today's rates, the estimated monthly payment for 18 N 2nd St in Memphis, TN is approximately $5,570 (about $4,787 principal & interest, $708 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 18 N 2nd St compare to homes in Memphis?
    18 N 2nd St in Memphis, TN is listed at $885,000, about 455% above the $159K median sale price in Memphis.
  • What do residents say about the Downtown neighborhood?
    Residents describe the Downtown neighborhood in Memphis, TN as pedestrian-friendly, dog-friendly, and walkable to restaurants. See homes for sale in Downtown, Memphis.
  • What are the closest schools to 18 N 2nd St?
    The closest schools to 18 N 2nd St in Memphis, TN are Downtown Elementary School (Pre-K, rated 2/10), Manassas High School (rated 3/10), Memphis Grizzlies Preparatory Charter School (Elementary/Middle, rated 7/10).
  • Does 18 N 2nd St have air conditioning?
    Yes, 18 N 2nd St in Memphis, TN has air conditioning.
  • Does 18 N 2nd St have laundry facilities?
    Yes, 18 N 2nd St in Memphis, TN has laundry facilities.
18 N 2nd St, Memphis, TN 38103 is a studio, 9,800 sqft multi-family built in 1903. 18 N 2nd St is located in Downtown, Memphis. This property is currently available for sale and was listed by MAAR on Jul 22, 2025. The MLS # for this home is MLS# 10201822.