18 N 2nd St

Memphis, TN 38103

$900,000
Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
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per Sq. Ft.
a view of a large white building
a view of a hallway with wooden floor and glass door
a view of a room with furniture and a chandelier
a living room with furniture and a mirror
a living room with furniture and a rug
a room with furniture and a flat screen tv
a living room with furniture rug and window
a living room with furniture and a flat screen tv
a kitchen with a sink appliances and cabinets
a view of a hallway with interior of the house
a living room with furniture flowerpot and window
a living room with furniture and a chandelier
a car parked in front of a building

Description

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:...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.
  1. Listed by Darlene Butler • The Peyton Co., Inc., REALTORS
  2. Listed by Michelle Shelton • The Peyton Co., Inc., REALTORS

Property Details for 18 North 2nd Street

Area
745A
MAAR Subdivision Name
Unknown
Legal Subdivision Name
Unknown
LISTING UPDATED: 08/05/2025 02:02 PM

Property Details for 18 North 2nd Street

StatusActive
MLS #10201822
Days on Market200
Taxes$16,766 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Other (See REMARKS)
Year Built1903
Lot Size0.08 AC / 3,675 SF
CountyShelby County

Location

Listing Courtesy of The Peyton Co., Inc., REALTORS
Add your commute

Building Information for 18 North 2nd Street

Stories2Residences6Year Built1903Building Size-Lot Size0.08 AC / 3,675 SF

Payment Calculator

$5,784 per month

30 year fixed, 6.15% Interest

Principal and Interest

$4,386

Property Taxes

$1,397

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 18 North 2nd Street

Summary
Location and General Information
  • Address: 18 N SECOND ST
  • Address Search Number: 18
  • Directions: Building is between Madison Ave and Court St. Across the street from Court Square Park.
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 07-22-2025
  • Geo Zoom Level: 16.00
  • Map Coordinate: A
  • MLS Map Num: South Bluffs/Downtown
Taxes and HOA Information
  • Hot Water: Other (See REMARKS)
  • LVT Date: 07-22-2025
  • Annual Insurance Expenses: $5,211
Property
Lot Information
  • Lot Size: 24.75X148.5
  • Lot Num: 352
  • Parcel ID: 002025 00010
Property and Assessments
  • Foundation: Slab
  • Service Type: Full Service Listing
Interior and Exterior Features
Exterior Features
  • Roof: Other (See REMARKS)
Interior Features
  • Appliances / Equipment: Refrigerator, Range/Oven (Freestanding), Disposal
  • Floors/Ceilings: Hardwood Throughout, Vinyl Floor
Multi Family
Multi-Family Information
  • Num of 1 Bedroom Units: 2
  • Num of 2 Bedroom Units: 2
  • Num of 3 Bedroom Units: 0
  • Num of Efficiency Studio Units: 1
  • Num of Buildings: 1
  • Num Other Units: 0
  • Assumption: Must Qualify, No Assumption, No Escalation
  • Construction: Brick/Veneer
  • Cooling Systems: Central
  • Existing Financing: Clear
  • Heating Systems: Central
  • Laundry: Washer in Unit
  • Miscellaneous Exterior: Security Lighting
  • Operating Expenses: Insurance, Repairs/Maintenance, Some Utilities, Taxes
  • Parking Facility: More Than 1 Per Unit
  • Possession: Negotiable
  • Sale Includes: Building and Land
  • Source Of Info: Tax Return
  • Tenant Pays: Electric, Gas, Heating, Some Utilities
  • Type Units: 1 BR - 1 Bath, 2 BR - 1 Bath, Efficiency/Studio

Property History for 18 North 2nd Street

DateEvent & SourcePriceAppreciation
Jul 22, 2025

Listed (Active)

MAARMLS #10201822

$900,000—
Jul 2, 2002

Sold (Public Record)

Public Record #97085830

$100,000—
DateEvent & SourcePrice
07/22/2025

Listed (Active)

MAARMLS #10201822

$900,000
07/02/2002

Sold (Public Record)

Public Record #97085830

$100,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 18 North 2nd Street

Taxable ValueLand$60,480Additions$308,160Total$368,640
Tax Record2024$24,276 ($2,023 / month)
Home Facts
Baths1Total Finished SqFt9,800 SqFtAbove Grade Finished SqFt9,800 SqFtStories1Lot Size3,659 SqFtStyleOffice BuildingYear Built1903Year Renovated1985ZoningCBDCountySHELBYAPN002-025- - -00010Fireplace TypeHas Fireplace

Schools near 18 North 2nd Street

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Downtown Elementary School
Public - PK to 5
B T Washington High School
Public - 6 to 12
Manassas High School
Public - 9 to 12
Memphis Business Academy Hickory Hill Middle School
Charter - 6 to 8
Rating
School
Distance
Downtown Elementary School
PublicPK to 5

B T Washington High School
Public6 to 12

Manassas High School
Public9 to 12

Memphis Business Academy Hickory Hill Middle School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 18 North 2nd Street, Memphis, TN 38103

18 North 2nd Street is a multi-family home for sale in Memphis, TN 38103. This property was listed for sale on July 22, 2025 by The Peyton Co., Inc., REALTORS, it's currently listed at $900,000. It has been on the market for a total of 200 days and was last sold on July 2, 2002. This listing's school district is Shelby County Schools. Nearby schools include Downtown Elementary School, B T Washington High School and Manassas High School. 18 North 2nd Street is a 0-bed, 0-bath, multi-family home built in 1903.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Peyton Co., Inc., REALTORS

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR and Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the MAAR and Central West Tennessee Association of Realtors logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by MAAR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.