Memphis TN Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Year built:
1930
Baths:
MLS#:
10181788
Subdivision:
HOLLYLAND

ADDITIONAL INFORMATION

Bundle sale of 3 properties. (2431 Gentry Ave,Memphis, TN 38108).(301 N Manassas St,Memphis, TN 38105). (295 N Manassas St,Memphis, TN 38105)

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1959
Baths:
MLS#:
10181225
Subdivision:
FAIRFAX

ADDITIONAL INFORMATION

Calling all investors! Here is a package deal at over 50% Occupancy and 0.9% rent ratio as it sits. Could easily be 1% rent ratio when fully occupied.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1959
Baths:
MLS#:
10181224
Subdivision:
FAIRFAX

ADDITIONAL INFORMATION

Calling all investors! Here is a package deal at over 50% Occupancy and 0.9% rent ratio as it sits. Could easily be 1% rent ratio when fully occupied.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1953
Baths:
MLS#:
10181222
Subdivision:
HYDE PARK BLK D

ADDITIONAL INFORMATION

Calling all investors! Here is a package deal at over 50% Occupancy and 0.9% rent ratio as it sits. Could easily be 1% rent ratio when fully occupied.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1952
Baths:
MLS#:
10181115
Subdivision:
WILLIAMS SPRINGDALE

ADDITIONAL INFORMATION

Calling all investors! Here is a package deal at over 50% Occupancy and 0.9% rent ratio as it sits. Could easily be 1% rent ratio when fully occupied.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1952
Baths:
MLS#:
10181107
Subdivision:
SOUTH BUNGALOW PARK

ADDITIONAL INFORMATION

Calling all investors! Here is a package deal at over 50% Occupancy and 0.9% rent ratio as it sits. Could easily be 1% rent ratio when fully occupied.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1955
Baths:
MLS#:
10180511
Subdivision:
HYDE PARK BLK E

ADDITIONAL INFORMATION

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1955
Baths:
MLS#:
10171771
Subdivision:
MONARCH HOMES

ADDITIONAL INFORMATION

Wonderful Investment opportunity! Brick duplex for sale (1 bedroom 1 bathroom on each side with central heat & air) Seller installed a new roof within the last 3 years! Could be a great investment property and both sides rented for over $1150 total rent ($575 per side). Left side was just rehabbed in Spring 2024. ONLINE VIDEO AVAILABLE UPON REQUEST! Seller is also selling 1794-1796 N. Hollywood can buy individually or in bulk. Professionally managed.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1928
Baths:
MLS#:
10167555
Subdivision:
BELMONT PARK BLK 1

ADDITIONAL INFORMATION

Excellent investment opportunity! Vacant Duplex--1 bed / 1 bath unit on each side. ARV is $110K once rehabbed with total rent at $1150 or more once rented. Property needs work but could be worth a lot of money once rehabbed. Great buy & hold rental or could refinance it or flip once rehabbed. We have an ONLINE VIDEO available upon request! Cash offers only, Seller is also selling 2289-2291 Dexter, 1794-1796 (duplexes) Can buy individually or in bulk. No creative or owner financing.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1958
Baths:
MLS#:
10162322
Subdivision:
S HYDE PARK

ADDITIONAL INFORMATION

Duplex in investor area - will be sold as-is. No blind offers, house is open to show - contact listing agent for instructions. Both sides were rehabbed, and set up for central heat/air. Current condition is due to some vandalism, and price has been greatly reduced to reflect that. Each side has a market rent of around $650, for total of $1300 - there are several on this block to show that potential! No assignable offers or seller-financing. No blind offers, buyer must see property.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1970
Baths:
MLS#:
10157565
Subdivision:
NORWOOD

ADDITIONAL INFORMATION

FULLY REHABBED DUPLEX BRINGING IN $1700/MONTH! New windows, new kitchens, bathrooms, flooring, paint, electrical/plumbing and new roof! New HVAC, with central heat and air - very rare in this style of duplex! This is a quickly-growing area for investors, just a few minutes away from the interstate, new apartments going up, and the Overton Park area! Turnkey solution for investors that want good income, this is bringing in $950 on one side and $750 on the other, both Sec. 8! No assignments

Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1956
Baths:
MLS#:
10120816
Subdivision:
WILLIAMS SPRINGDALE

ADDITIONAL INFORMATION

Multi-family with 27 units located in Vollintine / Springdale area of Memphis, TN. Unit mix includes: 3 bedrooms (4), 2 bedrooms (15), and 1 bedroom units (8). Owners have replaced sewer lines, repaired concrete walkways & stairs, welding work on upstairs railings to bring to code, parking lot paved, and removed some trees. Roof 2017 and Indiviually Metered. 4 - 5 units need complete renovation. Do not disturb Tenants / Community. Call Listing Agent for Information.

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Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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 2024 Memphis Area Association of REALTORS. All rights reserved.



Memphis Real Estate

The median home value in Memphis, TN is $82,100. This is lower than the county median home value of $131,400. The national median home value is $219,700. The average price of homes sold in Memphis, TN is $82,100. Approximately 39.83% of Memphis homes are owned, compared to 44.06% rented, while 16.11% 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 38108 has a population of 654,723. Memphis 38108 is less family-centric than the surrounding county with 20.26% of the households containing married families with children. The county average for households married with children is 25.49%.

The median household income in Memphis, Tennessee 38108 is $38,230. The median household income for the surrounding county is $48,415 compared to the national median of $57,652. The median age of people living in Memphis 38108 is 33.7 years.

Memphis Weather

The average high temperature in July is 91.3 degrees, with an average low temperature in January of 31 degrees. The average rainfall is approximately 54.3 inches per year, with 3.2 inches of snow per year.

Memphis Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    102
    30-day change

Memphis Schools and Demographics

Education near Memphis, TN

Metric City County
High School Graduates 84.53 87.6
College Degree - 2 year 5.7 6.41
College Degree - 4 year 25.45 30.58
Graduate Degree 6.66 8.32
Expenditures per Student 8,579 10,186
Students per Teacher 16.1 18.7

Elementary Schools near Memphis, TN

School Grades Students P/T Ratio ZIP
Aurora Collegiate Academy KG - 03 175 14.8 38122
Berclair Elementary PK - 05 616 15 38122
Brewster Elementary PK - 05 484 14.7 38112
Cornerstone Prep - Lester Campus PK - 05 488 14.8 38112
Douglass Elementary/Middle PK - 08 486 12.5 38108
Grahamwood Elementary PK - 06 1,025 16.6 38122
Jackson Elementary PK - 05 401 17.7 38108
Kingsbury Elementary PK - 06 625 14.5 38108
Promise Academy KG - 05 483 19.5 38108
Springdale Elementary PK - 05 295 11.8 38108
Treadwell Elementary PK - 05 726 19.3 38122
Wells Station Elementary PK - 05 771 14.3 38108

Middle Schools near Memphis, TN

School Grades Students P/T Ratio ZIP
Cypress Middle School 06 - 08 0 38108
Kingsbury Middle School 06 - 08 649 20.3 38122
KIPP Memphis Collegiate Middle 05 - 08 265 18.9 38108
KIPP Memphis Middle Academy 05 - 07 298 18.6 38108
Lester Prep. 06 - 06 81 13.5 38112
Lester School 07 - 08 156 14.4 38112
Memphis Academy of Health Sciences 06 - 08 325 16.7 38108
Shannon Elementary PK - 05 0 38108
Treadwell Middle School 06 - 08 421 23.6 38122

High Schools near Memphis, TN

School Grades Students P/T Ratio ZIP
Douglass High School 09 - 12 531 15.6 38108
Kingsbury High School 09 - 12 1,151 21.2 38122
KIPP Memphis Collegiate High School 09 - 12 394 20.1 38108
MCS Prep. School - Northeast 09 - 12 0 0 38122

Ungraded Schools near Memphis, TN

School Grades Students P/T Ratio ZIP
* Kingsbury Vocational School 10 - 12 0 0 38122
Memphis Rise Academy 06 - 12 95 19 38122
Memphis Virtual School 06 - 12 97 8.1 38108
Snowden School PK - 10 1,529 17.8 38112

Demographics near Memphis, TN 38108

Metric Zip Code City
Neighborhood Type Suburban
Population 654,723 937,847
Population Density 2,063 1,228
Median Age 33.7 35.3
People per Household 2.6 2.6
Median Household Income 38,230 48,415
Average Income per Capita 23,629 28,117