Memphis TN Multi Family for Sale

ADDITIONAL INFORMATION

Large duplex in Midtown that is for sale! Would be wonderful for an owner occupant home buyer wanting to live in one side and rent the other unit out, or for an investor wanting to rent both units. Top unit is currently rented to a tenant paying $1040 per month, bottom unit is available to live in or rent it out! Could be an excellent primary residence, investment property, or Airbnb! ONLINE VIDEO AVAILABLE UPON REQUEST. Property has washer/dryer hookups, large front porch, wood floors, and a basement. No sign, please do not disturb or approach tenants, please make your offer contingent on inspections.

ADDITIONAL INFORMATION

5-unit apartment building for sale near UofM! Property has 5 fully upgraded units (to include new appliances, vinyl floor, new HVAC). 4 of 5 units occupied and tenants are current. 5th unit is being held vacant for showings to potential buyers only. Current rent roll is $4,240 with a potential rent of $6,050. Current management can stay in place. Add this asset to your portfolio today!

ADDITIONAL INFORMATION

Completely renovated charming duplex 2BR/1BA on each side. This layout blends comfort and style. This home features sleek quartz counter tops in the kitchen, providing both elegance and durability. The spacious living areas are perfect for relaxing or entertaining. With convenient parking located in the back, youâ??ll have easy access to your vehicle. Enjoy the best of both worlds with a peaceful setting while being close to local amenities and minutes from Downtown and Midtown. Don't miss out on this lovely and well-maintained property!

ADDITIONAL INFORMATION

This classic midtown 4 plex has been recently rehabbed. The units are large 1 bedrooms with central heating and air. The property has been operated as a short term rental with Air B & B with average monthly rental of over 3000 per month per unit. Drive by only. Please do not disturb residents.

ADDITIONAL INFORMATION

Whitehaven Gem with 3 Unique Structures on Over an Acre! This incredible property offers unmatched versatility, featuring three separate structures. The primary residence boasts 1 bedroom with an attached office, custom closet, and full bath on the main level. Enjoy the expansive first-floor layout with two massive dens and a parlor room. Upstairs, youâ??ll find 3 additional bedrooms, a full bath, and a study. Attached to the primary residence is a 3-bedroom, 1-bath home with its own kitchen and living roomâ??perfect for a guesthouse or rental income (no direct access to the main house). Additionally, a standalone 1-bedroom, 1-bath duplex with separate utilities adds even more potential. The outdoor space features a charming gazebo, a backyard terrace, and ample parking. Whether youâ??re looking for multi-generational living, rental income, or a unique home with plenty of room, this property is brimming with endless possibilities.

ADDITIONAL INFORMATION

7BEDS/4BATH w/ newer roof! Located near the Central Gardens Historic District & Cooper Young. This charming fourplex is a prime investment opportunity! Fully leased and tons of character! The property features THREE two-bedroom units & ONE one-bedroom unit, each offering hardwood floors. With the $20M Union Station development underway nearbyâ??including new townhomes and a 5-story hotelâ??this area is set for significant appreciation. Perfectly positioned for investors seeking long-term growth, this fourplex combines historic appeal with the potential for increased future value. Donâ??t miss your chance to invest in this rapidly evolving area! Stove, Refrigerator, Washer & Dryer included.

ADDITIONAL INFORMATION

Newly renovated 6 bedroom Triplex. New attic insulation, new water heaters, door and window weather stripping, new floors, air conditioners. Units are washer and dryer assessable with nice size living room and kitchen. Great investment opportunity. Currently 100% rented. Two leases expire January 2026, the third unit lease expires November 2025. Monthly rental is $2,270. Inside photos available upon request. Professionally managed.

ADDITIONAL INFORMATION

Rare Opportunity ! Newly Renovated Duplex ! Beautiful curb appeal. Great area ! One side tenant occupied. Rental income $975 per month. Close to dining and entertainment ! Call for appointment today !

ADDITIONAL INFORMATION

This duplex consistsof a 3 bedroom 1 bath unit and a 2 bedroom 1 bath unit. The projected monthly rents are 1500 and 1200 per month. The property was owner occupied and is currently vacant. It is located across from Galloway Golf Course.

ADDITIONAL INFORMATION

Location, location, location ! Midtown duplex is within walking distance of Overton Park, Broad Ave restaurants, and multiple new apartment buildings. 1 bedroom/ 1 bath on each side 1669 total sf per tax assessor record. Both sides are vacant so it's ready for your remodeling. Unit 1 has power on currently, and will need cosmetic repairs. Unit 2 had a kitchen fire, so it will need a COMPLETE renovation. Work that has been completed on Unit 2 include: brand new vinyl windows all around, new electrical panel installed and inspected and power is on to the panel with a temp outlet. Unpainted brick exterior is in good shape. Double driveways and lot size 50 x 125. Fully boarded up and new security chain link fence on the property. Sold as-is, prefer closing within 21 days $1,000 Earnest Money. POF required with all offers.

ADDITIONAL INFORMATION

Brick construction with a new roof , updated kitchen, appliances included. Growing neighborhood with increasing in rent and rental demand. Easy access to public transportation and interstate. Walking distance to schools and parks. Please provide (POF)proof of funds. Investment Highlights Asking price$125,000 $18,000 gross annual income. potential cashflow $1500.Long term tenants, low vacancy rate and consistent cashflow. No property management fees

ADDITIONAL INFORMATION

Great investment on this brick 2 story duplex located in Annesdale area. Pre qualified buyers only> Can not show without accepted offer and proof of funds. Both units are long term renters. Selling AS IS

ADDITIONAL INFORMATION

Opportunity for Investors! Bring your vision to life with this duplex and transform it into a money-making asset! Whether youâ??re looking to generate passive income or grow your portfolio, this property is your blank canvas. Letâ??s make your investment goals a reality. AS IS

ADDITIONAL INFORMATION

This duplex is located northeast of the Uptown area of Downtown Memphis. The units are 2 Bedroom 1 bath. The scheduled monthly rents are a total of 1224 per month. Drive by only . Please do not disturb residents

ADDITIONAL INFORMATION

Good investment opportunity priced right. 6/10 units have been renovated with new flooring and fresh paint. New roof put on a year ago. Window units and wall heaters. Rent for unrenovated units $525 Renovated units are renting for 750-$950 (VA Vouchers)

ADDITIONAL INFORMATION

Great chance for investors to get a nice, cashflowing duplex - $1100/month in rent! Units were rehabbed prior to leasing and should be in great shape! Owner says the roof is within 10 years, maybe newer, slab foundation and brick exterior all check a lot of boxes for investors! The two leases are newer, but both are current as of listing. Each side is rented for $550 and one lease ends 7/31/25, other 9/30/25. No showings until accepted contract, buyer to verify all facts. No seller-financing and no wholesaler/assignable offers.

ADDITIONAL INFORMATION

Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No blind offers and no wholesaler or assignment of contract offers will be accepted.

ADDITIONAL INFORMATION

Investment opportunity in the Shelby area. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

ADDITIONAL INFORMATION

Triplex for sale in Memphis, TN. Unit one is two bedroom, one bath, needs some rehab. Unit #2 is a two bed, one bath is fully rehabbed. Unit 3 is a 3 bedroom, 1.5 bath fully rehabbed. Previous rents were 850/850/1050

ADDITIONAL INFORMATION

Great Occupied Investment Opportunity! This Duplex property is 2 bed 1 bath per side, fully occupied, $1250 per month, $650 and $600 per month until 9/22/2026 and 4/14/2025 with multi-year tenant. This property was newly renovated in 2024, new LVP flooring, kitchen upgrades including new appliances on one side, fresh painted cabinets, new counter tops, bathroom updated and fresh paint. Your cash flowing investment opportunity awaits. Do not disturb tenants, No wholesale or creative financing offers. No showings without an accepted offer. Freshly renovated, updates include new HVAC system, new hot water heater, granite kitchen countertops, new cabinets, new flooring, and freshly painted throughout.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Newly Renovated (1) bedroom (1) bath Duplex per side! A great opportunity for an investor or homebuyer! One side is currently vacant and advertised for rent for $950. The other side is occupied with tenant on a 1yr lease term. Each unit comes with stove and refrigerator. Whether you're an owner-occupant or investor, this opportunity is open to you. No wholesale or creative financing offers.

ADDITIONAL INFORMATION

In the heart of a blossoming neighborhood, this "As-Is" duplex stands as a promising investment with untapped potential. Each unit offers a cozy 1-bedroom, 1-bath setup with a welcoming kitchen and spacious great room, generating about $750 in monthly rent per unit. The excitement builds with a partially framed third unit upstairs, perfectly suited for an easy conversion to a triplex. Imagine the added income and value as the neighborhood continues to evolve around you. Whether you're a seasoned investor or just stepping into the market, this property offers a rare blend of stability and potential. Answer the knock of opportunityâ??this could be the key to your next success.

ADDITIONAL INFORMATION

Building with 3 units in desirable Central Gardens. Close to everything! Strong rental history with happy, long-term tenants. Two units with 2 bedrooms down and one unit with 3 bedrooms upstairs. Two of the units have been recently renovated. Each unit features all appliances, central heat & air, in-suite washer/dryer, original hardwood floors, a spacious front porch, and convenient parking in the rear. Tall ceilings + lots of midtown charm. New roof 2021. Tenants pay all utilities + the low expenses make this a great cash flowing property. Current gross rent: $4,050. Please DO NOT disturb tenants. Drive-by only!

ADDITIONAL INFORMATION

"RARE FIND! Appraisal in hand for $565,000 from 2023. Instant Equity. UNBELIEVABLE OPPORTUNITY to purchase a home divided into TWO units. Both sides are 3 bedrooms with 2 baths with almost 2k feet of living space! HUGE income potential. Live in one and rent the other. Rent them both or have multiple families living together... endless possibilities in this highly desirable neighborhoods with easy access to local parks, shopping, and dining. You will not find another opportunity like this in the neighborhood with gorgeous new buildings going up around it, this is gold mine. Both sides very nicely updated and clean. Featuring spacious living areas filled with natural light, a beautifully updated kitchen with stainless steel appliances This charming residence combines modern comforts with classic Southern charm."