Memphis TN Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1964
Baths:
MLS#:
10184184
Subdivision:
Fairfax

ADDITIONAL INFORMATION

Well performing duplex. Both units are 2 bed, 1 bath. Tenants pay all utilities and provide appliances. Both units are rented at $650.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1950
Baths:
MLS#:
10184183
Subdivision:
Boots & Turner Springdale Park

ADDITIONAL INFORMATION

Great duplex in Vollintine. One side renovated in 2023, the other just renovated. Tenants at $550 and $595. Both units are 1 bed, 1 bath. Tenants pay all utilities and provide appliances.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1953
Baths:
MLS#:
10184006
Subdivision:
NORWOOD

ADDITIONAL INFORMATION

Both units tenant-occupied. Do no approach or disturb tenants. No showings until offer has been accepted.

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

ADDITIONAL INFORMATION

Bundle sale of 3 properties. $780K (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 duplex at 50% Occupancy. 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 duplex at 50% Occupancy. 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! This duplex 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 duplex at 50% Occupancy.. 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 fully occupied duplex at 1% rent ratio!

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 $148,300. 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 $148,300. 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 38108 has a population of 634,139. Memphis 38108 is less family-centric than the surrounding county with 19.26% 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 38108 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 38108 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.

Memphis Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    109
    30-day change

Memphis Schools and Demographics

Education near Memphis, TN

Metric City County
High School Graduates 86.61 89.28
College Degree - 2 year 5.63 6.34
College Degree - 4 year 27.09 33.31
Graduate Degree 7.31 9.69
Expenditures per Student 12,225 12,225
Students per Teacher 15.8 15.8

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 634,139 929,178
Population Density 1,998 1,217
Median Age 34.2 35.7
People per Household 2.5 2.6
Median Household Income 43,981 55,015
Average Income per Capita 28,258 33,287