Memphis · Commercial sale
MVP Real Estate Holdings buys 1903 S Parkway E in Memphis for $1.48 million
An apartment complex at 1903 S Parkway E, Memphis sold for $1,475,000 on October 6, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $1,475,000
- Sold
- October 6, 2026
- Property type
- Apartment complex
- Lot size
- 199,287 sq ft
The apartment complex at 1903 S Parkway E in Memphis sold for $1,475,000, 48% above its $998,400 market value on record, according to the Shelby County Assessor of Property's sales records.
The sale took place on October 6, 2026, according to the sales records. The record lists MVP Real Estate Holdings LLC as the buyer.
The Assessor's records show a 4.58-acre lot. The last sale on record was $1,020,000 in 2019. The 2026 price was 45% above that amount.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Shelby County?
By our estimate, the seller's two largest charges, not counting prorations, were $350 for the settlement / closing fee and $45 for the wire / courier / payoff processing. Who pays what follows Shelby County custom.
How much did the seller net?
By our estimate, the seller netted about $1,467,840. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $1,477,955 at closing. That covers the full price and closing costs.
Source: Shelby County Assessor of Property, qualified sales (Shelby County ReGIS), document 26088352. Property details: Shelby County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
