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150 Court Ave

Downtown Memphis, Memphis, TN
Floors
3
Total Size
10,148 sqft
Lot Size
0 acres
Year Constructed
1920
Building Class
B

The Macro Neighborhood: Downtown Memphis

The typical asking rate per listing is in the $10's per square foot per year. The Downtown Memphis submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 9% decline in rent.

Compared to the rest of the Memphis market, the Downtown Memphis submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Median Rate Median Size
Downtown Memphis $19
/sqft/yr
2,700
sqft
Median Rate Median Size
Memphis $20
/sqft/yr
2,620
sqft

Median Rate over Time in Downtown Memphis