Memphis TN Multi Family for Sale
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1952
- Baths:
- MLS#:
- 10188122
- Subdivision:
- FLIPPIN
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Courtesy: Crye-Leike, Inc., REALTORS
901-756-8100
Mae Moore
ADDITIONAL INFORMATION
Duplex...needs total rehab/good investment
$220,000
781 LEVI Rd Memphis, TN 38109
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1955
- Baths:
- MLS#:
- 10186753
- Subdivision:
- KABAKOFF
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Courtesy: BEST Real Estate Company
Shirley Rhynes-Hawkins
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.
$91,000
232 VAAL Ave Memphis, TN 38109
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1960
- Baths:
- MLS#:
- 10185608
- Subdivision:
- SPION KOP BLK 3
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Courtesy: Memphis Metro Realty
Randall Weatherall
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.
$130,000
284 INGLE Ave Memphis, TN 38109
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1955
- Baths:
- MLS#:
- 10182311
- Subdivision:
- RIVERSIDE
View additional info
Courtesy: BEST Real Estate Company
Stephanie Moss
ADDITIONAL INFORMATION
LOOK NO MORE! WHAT A GREAT INVESTMENT TO ADD TO YOUR PORTFOLIO. COMPLETELY RENOVATED DUPLEX! Both sides occupied with a positive monthly income $1,348. 1yr lease in place for both tenants. Both sides were completely renovated in June 2024. New kitchen, flooring, bathrooms, paint, water heaters, HVAC systems. This one won't last! NO WHOLESALERS OR ASSIGNMENTS.
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 $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 38109 has a population of 634,139. Memphis 38109 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 38109 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 38109 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.