Memphis TN Multi Family for Sale
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1940
- Baths:
- MLS#:
- 10192256
- Subdivision:
- FAIRVIEW PARK S/D
View additional info
Courtesy: BEST Real Estate Company
Stephanie Moss
ADDITIONAL INFORMATION
LOOK NO MORE! WHAT A GREAT INVESTMENT TO ADD TO YOUR PORTFOLIO. COMPLETE TURN-KEY DUPLEX! One side occupied with a long-term tenant monthly income $675. Other side vacant and completely updated in March 2025. New kitchen, flooring, bathrooms, paint, water heaters, HVAC systems. This one won't last! NO WHOLESALERS OR ASSIGNMENTS.
$360,000
1915 PEABODY Ave Memphis, TN 38104
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1948
- Baths:
- MLS#:
- 10192238
- Subdivision:
- YOUNG
View additional info
Courtesy: Sowell, Realtors
901-278-4380
Becca Dickerson
ADDITIONAL INFORMATION
1 story duplex up on the hill on Peabody in Central Gardens. 2br/ 1ba on each side, fully renovated w/ gas ranges, dishwasher, frig, disposal W/D stacked in renovated baths. Hardwood floors, fireplaces each unit, front patios and a rear private space for each unit. Fully fenced. New sewer, newer roof, AC's, HVAC . This is a gem! Newly painted exterior. A truly wonderful, walkable neighborhood. This would be a great space for roommates. close to the medical district.
$100,000
1513 CELLA St Memphis, TN 38114
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1949
- Baths:
- MLS#:
- 10192218
- Subdivision:
- CELLA CIRCLE
View additional info
Courtesy: BenchMark REALTORS, LLC
901-692-9253
Leon Dickson Jr.
ADDITIONAL INFORMATION
DO NOT DISTURB TENANTS. MAKE OFFER CONTINGENT ON INSPECTION. EACH UNIT HAS 1 BED/ 1 BATH AND EAT IN KITCHEN.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1972
- Baths:
- MLS#:
- 10192215
- Subdivision:
- HERITAGE COLONY 1ST ADDN REV BLK C
View additional info
Courtesy: Purple Reign Realty
Stephanie Lewis
ADDITIONAL INFORMATION
Discover this "As IS' well-maintained duplex featuring two spacious 3-bedroom, 2-bathroom units. One side has recent upgrades, enhancing its appeal and value, while both units are in good condition. With a total monthly rental income of $2,620, this property ensures immediate returns. Benefit from stability with a long-term tenant on an extended lease in one unit and flexibility with a month-to-month tenant in the other. Please note, showings are available only after contract acceptance. This is an ideal opportunity for both new and seasoned investors seeking a profitable addition to their portfolio.
$3,350,000
3251 OLD GETWELL Rd Memphis, TN 38118
- Type:
- Apartment
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 3.97 Acres
- Year built:
- 1973
- Baths:
- MLS#:
- 10192160
- Subdivision:
- BROOK HOLLOW COMMERCIAL
View additional info
Courtesy: Crye-Leike Commercial
901-758-5670
Jeffrey Moore
ADDITIONAL INFORMATION
This 48-unit property is a value add opportunity located near East Memphis. There are 43-3/BR units and 5-2/BR units. The scheduled monthly income is 45509 per month at full occupancy. 12 units are remaining to be rehabbed. Drive by only. Please do not disturb residents.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1927
- Baths:
- MLS#:
- 10192118
- Subdivision:
- NORFLEET HOME PL
View additional info
Courtesy: Broker South Realty
Sam Hanks
ADDITIONAL INFORMATION
Brick Duplex sits on deep corner lot (48x120). Total sq ft 1508 per tax assessor record. 2 bedroom, 1 bath on one side, 1 bedroom,1 bath on 2nd side. Original hardwood floors in living room and bedroom. Tile floors in kitchen and baths. Each side has a covered front porch. Both front and back yards are fenced. Has a detached 2 car garage, currently used as a storage building. Been continuously rented out for over 10 years by a local owner. Last rented for $650 2br, and $500 for the 1 br. Both sides currently vacant, property is in need of renovation inside and out. Discounted asking price for a quick sale. Proof of funds and $2,000 EM required
$524,900
321 N MCNEIL St Memphis, TN 38112
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1927
- Baths:
- MLS#:
- 10192112
- Subdivision:
- WILLODINE
View additional info
Courtesy: Enterprise, REALTORS
901-867-1000
Camela Henke
ADDITIONAL INFORMATION
Beautifully updated six bedroom six bath Midtown Duplex in the highly sought after Evergreen District. The home has an electric gate with remote opening to give access to ample gated parking in the back. Each floor is a separate unit with the bottom unit currently tenant occupied and the upper unit move in ready. Each unit boasts three bedrooms, three bathrooms, spacious living rooms, dining areas, updated kitchens with peninsula, separate laundry areas, and a split floor plan. Bottom unit has a covered front porch area and the upper unit features a covered balcony in the front and deck area for grilling in the back - perfect for entertaining or simply relaxing under the stars after a long day. Don't miss this opportunity to own your own home with an income producing unit in such a convenient location that is just minutes away from Crosstown Concourse, Overton Square, Cooper-Young, and Down Town.
$350,000
94 N MCLEAN Blvd Memphis, TN 38104
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1925
- Baths:
- MLS#:
- 10192075
- Subdivision:
- PHILIPS-TOWNE FINAL PLAN
View additional info
Courtesy: Crye-Leike, Inc., REALTORS
901-521-9736
Tracy Kirkley
ADDITIONAL INFORMATION
Turn-key triplex in the heart of Midtown, just minutes from Overton Park, Overton Square, and Minglewood Hall. This well-maintained property features three updated units: a 2BR/1BA front unit, a 1BR/1BA unit, and a 1BR/1.5BA unit. Each unit comes equipped with all appliances, central heat and air, covered porches, and off-street parkingâ??a rare convenience in this highly desirable area. Many recent updates have been made. The 2022 roof adds to the propertyâ??s value, making it a low-maintenance investment. With its prime location and strong rental potential, this triplex is perfect for investors or owner-occupants looking to house-hack while generating passive income. PLEASE NOTE: Duplex next door at 98 N McLean is also for sale ($225,000). Buy one or buy both!
$250,000
98 N MCLEAN Blvd Memphis, TN 38104
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1925
- Baths:
- MLS#:
- 10192059
- Subdivision:
- PHILIPS-TOWNE FINAL PLAN
View additional info
Courtesy: Crye-Leike, Inc., REALTORS
901-521-9736
Tracy Kirkley
ADDITIONAL INFORMATION
Turn-key duplex in the heart of Midtown, just blocks from Overton Park, Overton Square, and Minglewood Hall. Both 1BR/1BA units have been updated and feature all appliances, central heat and air, and off-street parkingâ??a rare find in this area. The 2022 roof adds peace of mind, and modern updates make this a low-maintenance investment or an ideal owner-occupant opportunity. With a prime location near dining, entertainment, and green spaces, this property offers strong rental potential in one of Memphisâ??s most sought-after neighborhoods. Whether you're looking to expand your portfolio or take advantage of house-hacking, this duplex is a fantastic opportunity. PLEASE NOTE: Triplex next door at 94 N McLean is also for sale ($350,000). Buy one or buy both!
$510,000
2006 FELIX Ave Memphis, TN 38104
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1912
- Baths:
- MLS#:
- 10192018
- Subdivision:
- J J WILLIAMS
View additional info
Courtesy: KAIZEN Realty, LLC
901-221-4041
Kathy Mills
ADDITIONAL INFORMATION
Turnkey Triplex in Cooper Young area. The main house offers a beautifully furnished spacious 2bdrm, 1ba apt downstairs with an open floor plan that's great for entertaining, and is decorated with modern furnishings throughout. The upstairs offers a 1bdrm, 1ba apt with a separate entrance on the side. The 3rd apt is a 1Bdrm, 1Ba with 1745 sq ft and is over the detached garage with its own private entrance. Parking in back. Step outside and immerse yourself in the vibrant Cooper Young scene, with easy access to award-winning restaurants, unique shops, and the lively atmosphere of the Cooper Young Festival, all while being a short drive from downtown Memphis. Is currently used as an Airbnb. All furnishings and appliances stay. This property is ready for you!
$1,350,000
1680 KANSAS St Memphis, TN 38109
- Type:
- Apartment Building
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1954
- Baths:
- MLS#:
- 10191974
- Subdivision:
- SOUTH MEMPHIS LAND CO
View additional info
Courtesy: Sell901 Real Estate
Zach Thomas
ADDITIONAL INFORMATION
Welcome to Sunny Grove! This is a 22-unit fully occupied property with two buildings and one graveled parking lot. Spanning 3 addresses (1680 Kansas St, 1686 Kansas St and 1683 Kansas), it is a turnkey, renovated, cash-flowing property to a VA-Funded Nonprofit for veterans in need. 3-year lease is in place! $15k/mo in rental income, utilities reimbursed, maintenance reimbursed, no Capex needed! What an opportunity! Oh and the non profit provides onsite management, handles tenant turnover, and maintenance requests. All units have been updated to meet VA requirements and both buildings have newer roofs. Laundry onsite. This property is already delivering a fantastic ROI and long term cash flow. It's now your time to reap the benefits! Rent rolls, financials, and records available upon request. Inspections with due diligence. Text or Call agent for additional information and questions.
$219,000
3335 FAIRBANKS St Memphis, TN 38128
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1974
- Baths:
- MLS#:
- 10191842
- Subdivision:
- RALEIGH HEIGHTS REV SEC A
View additional info
Courtesy: Crye-Leike Commercial
901-758-5670
Jeffrey Moore
ADDITIONAL INFORMATION
This 2 unit property is located in a great Raleigh location! There are 3 bedrooms and 2 baths within each unit. The scheduled monthly income is 2,300 per month. Drive by only. Please do not disturb residents. Must be acquired with 5 other duplexes located at: 3299, 3315, 3334, 3344 & 3363 Fairbanks St.
$175,000
686 WESTVIEW Rd Memphis, TN 38109
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1970
- Baths:
- MLS#:
- 10191710
- Subdivision:
- WESTWOOD DOWNS
View additional info
Courtesy: Foundation Property Management
James Wachob
ADDITIONAL INFORMATION
This 4,2 duplex has undergone a full renovation, top to bottom, to make turnkey ready. Both sides are tenanted at $750 a month, providing instant cash flow.
$139,900
1133 GERARD Pl Memphis, TN 38107
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1956
- Baths:
- MLS#:
- 10191663
- Subdivision:
- COLBYS
View additional info
Courtesy: Fast Track Realty, LLC
901-767-8770
Jonathan Nunez
ADDITIONAL INFORMATION
This 2-bedroom, 1-bathroom duplex has been recently updated with fresh paint and new wood laminate flooring throughout. The property offers a clean and refreshed look, making it a great option for tenants or an owner-occupant. Conveniently located near local amenities, this duplex is a solid investment opportunity.
$400,000
750 CHELSEA Dr Memphis, TN 38107
- Type:
- Apartment
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1965
- Baths:
- MLS#:
- 10191595
- Subdivision:
- ROBERTSON S/D
View additional info
Courtesy: Crye-Leike, Inc., REALTORS
901-260-5844
Stephanie Bobo
ADDITIONAL INFORMATION
Easy access to local shops, restaurants, and major highways. Enjoy the convenience of being just minutes away from downtown Memphis while having a quiet and serene place to call home. Additional amenities include on-site laundry facilities, gated parking This 4 unit building is located just east of Booming Downtown Memphis and just minutes from the Bass Pro Pyramid Development Project. The unit are all 2 bedroom. The scheduled monthly rents are 1000-1400 per month per unit. G. 3525 (3 units rented) possible 4700 at current rents U. Owner pays water ( avg $35mo) Renters pay lights, gas and trash N. 1325 (75% occupied) A. 400K M. Grass and leaves $30 M. Self management O. 75% occupied
$253,900
1635 MONROE Ave Memphis, TN 38104
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1922
- Baths:
- MLS#:
- 10191522
- Subdivision:
- INGLESIDE BLK 2
View additional info
Courtesy: BHHS Taliesyn Realty
901-466-4000
David Lorrison
ADDITIONAL INFORMATION
Perfect turnkey investment in the sweet spot of Midtown walk everywhere! Duplex rarely goes vacant and fully leased with a total monthly income of $2050.00 Don't let this classic bungalow with all appliances and central HVAC. One unit one just went vacant so easy to show call listing agent for appointment.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1950
- Baths:
- MLS#:
- 10191350
- Subdivision:
- TREZEVANT ST
View additional info
Courtesy: Tri-Leake Realty
901-323-1246
Duane Kinnard
ADDITIONAL INFORMATION
Duplex in Orange Mound will need complete cosmetic restoration. Plumbing/gas connections are intact but may require new electric. Thereâ??s a nonprofit that owns a majority of the surrounding vacant lots and other improvements in the area. Less than 5 minutes away from Orange Mound Community Center and Chrisitan Brothers University. 10 minutes to U of M and the airport.
$135,000
187 EASTVIEW Dr Memphis, TN 38111
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1948
- Baths:
- MLS#:
- 10191323
- Subdivision:
- EASTHIGH GARDENS
View additional info
Courtesy: KAIZEN Realty, LLC
901-221-4041
Jimmy Kennedy
ADDITIONAL INFORMATION
East Memphis Duplex for sale. Unit 189 is currently rented by long time tenant for $550. Unit 187 is being marketed for rent at $800. Hardwood throughout, central heat and air. Great addition to any portfolio. Professionally managed by local property manager. No wholesale or owner finance offers please.
$4,900,000
3081 ST CHARLES Ave Memphis, TN 38127
- Type:
- Apartment
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1968
- Baths:
- MLS#:
- 10191309
- Subdivision:
- ALTA VISTA
View additional info
Courtesy: Braden, Braden & Braden LLC
901-881-2070
Curtis Braden
ADDITIONAL INFORMATION
We are pleased to present Whitney Manor Apartments, a premier value-add investment opportunity comprising 96 units. Currently, approximately 70 of these units have been fully renovated, with the property operating at about 52% occupancy. Upon completion of the remaining renovations, we anticipate a swift lease-up period that will significantly enhance rental income, thereby maximizing investor returns. This is an incredible opportunity to invest in a property with solid fundamentals and substantial upside potential.
$128,000
2679 WOODLAWN Ter Memphis, TN 38127
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1957
- Baths:
- MLS#:
- 10191112
- Subdivision:
- RUGBY
View additional info
Courtesy: Crye-Leike, Inc., REALTORS
901-756-8900
William Haynes
ADDITIONAL INFORMATION
Great investment opportunity! Tenant occupied, cash flowing and professionally managed DUPLEX! Currently rented for $900/$500. Nice corner lot. Long time tenants. Do not approach or disturb tenants. No showings without an accepted offer. No wholesale or assignment. No seller or creative finance. .
$110,000
3002 ELBERT Cv Memphis, TN 38127
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1973
- Baths:
- MLS#:
- 10191099
- Subdivision:
- SCHOOLFIELD-ST ELMO
View additional info
Courtesy: eXp Realty, LLC
Timothy Nix
ADDITIONAL INFORMATION
Excellent opportunity for investors or a first time buyer. Live in one side and rent out the other. Please Do Not approach or disturb tenants. One side is tenant occupied and rented for $600.00 a month. Other side has been Completely Updated and ready for New Tenant or Owner. Please use attached disclosures, and offer information sheet when making an offer. No sign in the yard. Will update more pictures shortly of the empty updated side. Seller is also selling 2998-3000 Elbert Cv and would Perfer to sell both together.
$110,000
2998 ELBERT Cv Memphis, TN 38127
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1973
- Baths:
- MLS#:
- 10191098
- Subdivision:
- SCHOOLFIELD ST ELMO
View additional info
Courtesy: eXp Realty, LLC
Timothy Nix
ADDITIONAL INFORMATION
Excellent Opportunity for investors. Tenant occupied. Do Not approach or disturb tenants.No sign in the yard.Drive by only, and submit offer Contingent on seeing the interior only after accepted contract. Duplex has 2 bed 1 bath on each side.One Side is currently rented for $650.00. Other side is rented for $585.00.Please use attached disclosures, and offer information sheet when making an offer. Seller is also selling 3002-3004 Elbert Cv and would Perfer to sell both together.
$219,000
1738 EDWARD Ave Memphis, TN 38107
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1951
- Baths:
- MLS#:
- 10191069
- Subdivision:
- JOHN E TAYLORS RE
View additional info
Courtesy: Keystone Realty, LLC
901-553-4237
Bradford Long
ADDITIONAL INFORMATION
Completely renovated brick duplex in the Vollintine Evergreen Historic District! New roof, electrical, hvac, plumbing, cabinets and flooring! One side is currently rented through Section 8 for $992/month (Guaranteed rent!) with other side being marketed for $1100/month. Each side is a spacious 975 sqft that feels more like a 2 bed/1 bath home than a unit in a duplex. New concrete driveway on each side! Quiet street that is rapidly appreciating! Accepted offer before showing. Owner/agent listing
$300,000
123 MAJUBA Dr Memphis, TN 38109
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1957
- Baths:
- MLS#:
- 10190953
- Subdivision:
- SPION KOP BLK 12
View additional info
Courtesy: eXp Realty, LLC
Tonji Cromwell
ADDITIONAL INFORMATION
Four 1-Bedroom, 1-Bathroom Units are an excellent investment opportunity! Each unit is move-in ready with central heating and air conditioning. Separate gas and water connections for each unit; Individual washer and dryer connections; Dedicated parking pads for all units; New roof, electrical, and plumbing; Newly installed windows for energy efficiency; Low maintenance! ALL of the units are occupied, rent is $700/month. This property promises a reliable cash flow and a well-maintained, low-effort investment!
$199,000
1022 N SECOND St Memphis, TN 38107
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1959
- Baths:
- MLS#:
- 10190917
- Subdivision:
- CEDAR ST S/D
View additional info
Courtesy: Keystone Realty, LLC
901-553-4237
Bradford Long
ADDITIONAL INFORMATION
Fully occupied brick triplex in rapidly appreciating area of Uptown! This investment property is located directly across from Grind City Brewery and surrounded by an area teeming with new construction and revitalization! Gross rents currently at $1868 ($675, $603, and $590) with lower rents set to increase to $675 at lease renewals. Units can also be turned over and rented section 8 for $1000+ per unit! Lots of value add and appreciation potential! Accepted offer before inspection. Owner/agent listing
All information provided is deemed reliable but is not guaranteed and should be independently verified. Such information being provided is 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. The data relating to real estate for sale on this web site is courtesy of the Memphis Area Association of Realtors Internet Data Exchange Program. Copyright 2025 Memphis Area Association of REALTORS. All rights reserved.
Memphis Real Estate
The median home value in Memphis, TN is $195,000. This is lower than the county median home value of $206,500. The national median home value is $338,100. The average price of homes sold in Memphis, TN is $195,000. Approximately 40.23% of Memphis homes are owned, compared to 45.77% rented, while 14% are vacant. Memphis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Memphis real estate agent to arrange a tour today!
Memphis, Tennessee has a population of 634,139. Memphis is less family-centric than the surrounding county with 18.89% of the households containing married families with children. The county average for households married with children is 25.11%.
The median household income in Memphis, Tennessee is $43,981. The median household income for the surrounding county is $55,015 compared to the national median of $69,021. The median age of people living in Memphis is 34.2 years.
Memphis Weather
The average high temperature in July is 90.9 degrees, with an average low temperature in January of 30.3 degrees. The average rainfall is approximately 54.1 inches per year, with 3 inches of snow per year.