Memphis TN Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1950
Baths:
MLS#:
10181436
Subdivision:
CRUMP GUTHRIE SCOTT AVE BLK 4

ADDITIONAL INFORMATION

Terrific investment opportunity!!! This brick duplex is well situation and ready to start making you money! Two beds, one bath on each side with separate living room. New carpet and new interior paint! Currently professionally managed and being marketed for rent for $700/side. Online video available upon request. No wholesale, assignment or seller financing.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1948
Baths:
MLS#:
10180795
Subdivision:
POPE

ADDITIONAL INFORMATION

ATTN Investors!!! This property is a duplex and a free standing detached unit in the back. THREE units, each featuring 2 bedrooms and 1 full bath. All three units have been renovated! Front duplex is currently vacant. Back unit is tenant occupied and rented at $650/mo (below market rent). Please do not disturb tenant. Each unit can be rented for $800+/month with a combined rent potential of $2400+ per month. Professionally managed.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1961
Baths:
MLS#:
10180564
Subdivision:
JOHN D SPILLER RE S/D OF LOT 15 WOODLAND

ADDITIONAL INFORMATION

One Level Duplex in Evergreen with 2 bedrooms, 1 bath on both sides. Identical floorplan on each side. Hardwood floors in both units with smooth ceilings. The kitchen has a dishwasher, gas range, refrigerator, and stackable washer and dryer. Spacious units with Living Room and Dining Room. Washer/Dryer in kitchen. 2 Parking spaces in back. Long-term tenants are month-to-monthâ??24-hour notice is required. PLEASE DO NOT DISTURB TENANTS.

Type:
Apartment Building
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1924
Baths:
MLS#:
10179790
Subdivision:
MISSES HANSON

ADDITIONAL INFORMATION

This 16-unit apartment building offers a range of studio to 2-bedroom apartments. Perfect for investors seeking steady rental income in a prime location. Each unit provides comfortable living spaces, all appliances including a washer and dryer, and consistently offers high occupancy rates. Donâ??t miss out on this promising addition to your portfolio!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1922
Baths:
MLS#:
10179786
Subdivision:
HAWTHORNE PL

ADDITIONAL INFORMATION

PRICE REDUCTION!!! This lovely brick Tudor Revival duplex in Evergreen Historic District is ready for new owners! Neighborhood is walking distance to Overton Park and the Memphis Zoo. Comes complete with refinished hardwood floors, charming built-ins, lots of storage, windows with great light, decorative fireplace, central HVAC and more. Washer and dryer in each unit, and gas stove and fridge. Non-smoking building. To be sold As-Is, seller doesnâ??t want to make repairs.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1965
Baths:
MLS#:
10179058
Subdivision:
HILLCREST

ADDITIONAL INFORMATION

INVESTORS ONLY! Fully rented brick duplex....each side rented at $550 (total rent is $1100). Long term tenants are currently MTM. Roof is 2 years old. Tenants pay all utilities. Each unit has 2 bedrooms & central heat & air plus gas cooking. Online video available upon request. Could be an excellent addition to your rental portfolio. No blind offers, no creative or owner financed offers. No wholesale or assignment.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1962
Baths:
MLS#:
10177948
Subdivision:
AMALIA

ADDITIONAL INFORMATION

100% OCCUPIED DUPLEX in 38112, Binghampton Redevelopment District! This duplex was fully renovated in 2022, it has a new roof, sheetrock, fascia & soffit, windows, doors, paint, flooring, remodeled kitchens & bathrooms, Central HVAC/Heat [Caged condensers], electric hot water heaters. Exterior cameras & sensor lights included in sale. Both units are occupied with updated lease agreements. Please ask the listing agent for specifics! PLEASE DO NOT bother the tenants!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1950
Baths:
MLS#:
10177472
Subdivision:
SUMMER AVENUE

ADDITIONAL INFORMATION

Newly renovated corner lot duplex in Binghampton currently being advertised for rent at $750/mo per side. Cash offers preferred and easy to show.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1960
Baths:
MLS#:
10176735
Subdivision:
N BINGHAMTON BLK F

ADDITIONAL INFORMATION

Calling all investors, this recently renovated single-story brick duplex consists of two, 2 bedroom / 1 bathroom units (each 672 sq ft) that feature updated kitchens, new HVAC and laminate floors. Both units are currently occupied, including Tenant 1 Lease through 8/31/2025 and Tenant 2 Lease through 3/31/2025 with monthly rental payments of $755 and $735 respectively. Located on the edge of Midtown Memphis in the up-and-coming Binghampton neighborhood. Please do not disturb tenants.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1932
Baths:
MLS#:
10175159
Subdivision:
CRUMP GUTHRIE SCOTT AVE BLK 1

ADDITIONAL INFORMATION

Experience this versatile multi-family property with 1322 sqft of living space on a 6296 sqft lot. Each unit has received new roofs, siding, windows, doors, and electrical upgrades. The front unit includes new kitchen cabinets, updated bathroom, and refinished hardwood floors. The back unit features a complete rehab, including a new hot water heater, full kitchen, and smart door lock. Both units benefit from exterior enhancements and new fencing. Donâ??t miss outâ??schedule a showing now.

Type:
Apartment Building
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.19 Acres
Year built:
1920
Baths:
MLS#:
10175116
Subdivision:
WILLODINE

ADDITIONAL INFORMATION

Rare opportunity to purchase a completely turn-key triplex in a fantastic Midtown Location. the entire building has been updated inside and out over the last 5 years. updates include completely rebuilt front porch, new roof, new HVAC, new water service and waste lines to street, new electric wiring and panels... New kitchens, wonderful spaces, all units have dedicated laundry, off street parking, so much more, a true showplace! Do not disturb tenants, no showings without a signed contract.

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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 38112 has a population of 654,723. Memphis 38112 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 38112 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 38112 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

    99
    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
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
Early Childhood Program Partnering Centers PK - PK 0 38112
Idlewild Elementary KG - 05 471 16 38104
Kingsbury Elementary PK - 06 625 14.5 38108
Peabody Elementary PK - 05 407 14.6 38104
Promise Academy KG - 05 483 19.5 38108
Wells Station Elementary PK - 05 771 14.3 38108

Middle Schools near Memphis, TN

School Grades Students P/T Ratio ZIP
Bellevue Middle School 06 - 08 458 19.1 38104
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
Maxine Smith Steam Academy 06 - 08 138 9.9 38104
Memphis Academy of Health Sciences 06 - 08 325 16.7 38108
Shannon Elementary PK - 05 0 38108

High Schools near Memphis, TN

School Grades Students P/T Ratio ZIP
Central High School 09 - 12 1,635 21.5 38104
Douglass High School 09 - 12 531 15.6 38108
KIPP Memphis Collegiate High School 09 - 12 394 20.1 38108
MCS Prep. School - Northwest 08 - 12 218 14.5 38104
Middle College High School 09 - 12 236 15.7 38104

Ungraded Schools near Memphis, TN

School Grades Students P/T Ratio ZIP
Memphis Virtual School 06 - 12 97 8.1 38108
Snowden School PK - 10 1,529 17.8 38112

Demographics near Memphis, TN 38112

Metric Zip Code City
Neighborhood Type City Neighborhood
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