Memphis TN Multi Family for Sale
$485,000
3970 SOUTHLAWN Ave Memphis, TN 38111
- Type:
- Apartment Building
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1965
- Baths:
- MLS#:
- 10187235
- Subdivision:
- PHILPOTS GETWELL
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Courtesy: RE PROS LLC
Reed Rickenbach
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!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1954
- Baths:
- MLS#:
- 10186648
- Subdivision:
- Normandy Circle Revised Plan
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Courtesy: Crye-Leike Commercial
901-758-5670
Jeffrey Moore
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.
$364,900
743 SHOTWELL St Memphis, TN 38111
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1945
- Baths:
- MLS#:
- 10182591
- Subdivision:
- ELM COVE
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Courtesy: Reed & Associates of Tenn, LLC
901-758-1133
Phillip Kemp
ADDITIONAL INFORMATION
Renovated Tri-plex with a 3 bed / 1 bath unit + 2 efficiency units. Renovations include: all new plumbing - water lines to the meter, PEX lines throughout, new pvc sewer lines, new tankless water heaters. HVAC is new. 3 bed unit has forced heat/air. The efficiency units have new mini splits. New electrical panels. New outlets and switches. Wood floors, vinyl plank, and sealed/painted concrete floors throughout. All bathrooms and kitchens have been fully remodeled. New Interior and exterior paint throughout. 1 efficiency unit is tenant occupied. Do not disturb tenants.
$6,240,000
3455 PRUETT Ct Memphis, TN 38111
- Type:
- Townhouse
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1972
- Baths:
- MLS#:
- 10180977
- Subdivision:
- WOODLAND STATION
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Courtesy: Woodyard Realty Corp
901-767-1998
Steven Woodyard
ADDITIONAL INFORMATION
52 of 66 spacious two-story condo townhomes featuring refrigerator, stove, disposal, dishwasher, three large walk-in closets, and private patios with common laundry area. Fenced and gated parking with tons of interior and exterior upgrades taking this property to the next level! Please call listing agent for more details or to view. Do not disturb tenants.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1938
- Baths:
- MLS#:
- 10178198
- Subdivision:
- CUNNINGHAM
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Courtesy: Memphis Metro Realty
Randall Weatherall
ADDITIONAL INFORMATION
INVESTOR CHANCE for duplex VERY close to the University of Memphis and Highland Strip developments! Each side is a 2/1, with one being occupied for $850 currently and the other is in need of a little cleanup. PRICED TO MOVE - GREAT AREA! Building should rent for $1700-1800/month. Both units have central heat/air and were rehabbed in the last 2 years by Seller. A lot of potential with this one, so get with your agent and check out the vacant side for yourself! No seller-financing/assignments.
$179,000
2695 MILTON Ave Memphis, TN 38111
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- 10168880
- Subdivision:
- TREZEVANT
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Courtesy: Paradigm21 Realty
Crystal Mitchell
ADDITIONAL INFORMATION
Your dual-living dream! With a spacious 3-bed/2-bath unit on one side and a cozy 1-bed/1-bath on the other, versatile living or income potential. Enjoy functional layouts, a shared backyard, and a prime location. Perfect for families or savvy investors, don't miss out on this opportunity. One side in great condition one side needs complete rehab.
$125,900
767 SEMMES St Memphis, TN 38111
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1930
- Baths:
- MLS#:
- 10167112
- Subdivision:
- PARKDALE
View additional info
Courtesy: Crye-Leike, Inc., REALTORS
901-756-8900
Tyler Tapley
ADDITIONAL INFORMATION
Are you an investor seeking a solid income property or a savvy homeowner looking to "house-hack? With one side currently rented below market at $785 (market rents $800â??$850) and the other side freshly vacant, this property offers immediate earning potential. Recent updates include: minisplit, new flooring, fresh paint, updated kitchens and baths. DO NOT DISTURB TENANTS.
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 38111 has a population of 634,139. Memphis 38111 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 38111 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 38111 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.