Memphis TN Multi Family for Sale

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Type:
Apartment Building
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1966
Baths:
MLS#:
10179962
Subdivision:
JOHN BROWN

ADDITIONAL INFORMATION

Don't miss out on this recently renovated 5-unit apartment complex located in the downtown area. The interiors and exteriors have been completelyupdated, including new flooring, paint, kitchens, and bathroom and accessories. It is ready for tenant occupancy and will be a great addition to your portfolio.

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1957
Baths:
MLS#:
10179153
Subdivision:
OVERTON AND GROSVENOR

ADDITIONAL INFORMATION

Four Plex can be delivered vacant. Standard renovations have been made to make property rent ready to current seller liking. Rent roll available upon request. Current /Previous rent $700-$775 Potential rent amount can be raised to $875-$900 contact listing agent for access and more photos. Please send all offers.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
10178749
Subdivision:
WILLIAMS

ADDITIONAL INFORMATION

Investor Special. Price includes two properties offered together. Single family home with over 1800 sq footage. Lower level semi-renovated. Second property is a duplex. Great Properties to add to a rental portfolio. Easy to show with the exception of the tenant occupied side. 3 minutes from Fed Forum in downtown Memphis. The two address for sale are 574 and 578 McKinley.

Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.7 Acres
Year built:
1959
Baths:
MLS#:
10176771
Subdivision:
TAPP BLK 57

ADDITIONAL INFORMATION

This is a rare gem in downtown Memphis. The units are all 1-bedroom with modern amenities including in-units washers & dryers. Upgrades include new roof, electrical and flooring. The scheduled monthly rental income is $26,394. Drive by only. Please do not disturb residents.

Type:
Apartment Building
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.27 Acres
Year built:
1967
Baths:
MLS#:
10163331
Subdivision:
SHEPHERD BLK 59

ADDITIONAL INFORMATION

Great upside and redevelopment opportunity on this value-add complex. Within walking distance to the FedEx forum and downtown Memphis. Over $1B in planned developments nearby. Now is the time to buy this one! All units are 2/1 and all brick. New Roof and decking. Tenents pay all utilities ex. water. Some renovations recently completed. Contact me today for more information!

Type:
Apartment Building
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.19 Acres
Year built:
1910
Baths:
MLS#:
10131361
Subdivision:
Shepherd BLK 59

ADDITIONAL 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 38126 has a population of 654,723. Memphis 38126 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 38126 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 38126 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

    41
    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
A B Hill Elementary PK - 05 285 12.7 38106
Alton Elementary PK - 05 339 14.7 38106
Belle Forest Community School PK - 05 1,153 20.9 38115
Bruce Elementary PK - 05 339 14.5 38104
Caldwell-Guthrie Elementary PK - 05 531 16.1 38107
Carnes Elementary PK - 05 262 17.5 38105
Circles of Success Learning Academy KG - 05 246 27.3 38106
Cordova Elementary PK - 05 678 15.4 38106
Cummings School PK - 08 577 15.8 38106
Florida-Kansas Elementary PK - 05 266 15.8 38106
Hamilton Elementary PK - 05 560 17.5 38106
Ida B Wells Academy KG - 08 203 11.3 38126
Idlewild Elementary KG - 05 471 16 38104
KIPP Memphis Collegiate Elementary KG - 02 353 16.8 38107
Larose Elementary PK - 05 409 16.4 38126
Lincoln Elementary PK - 05 295 15.7 38106
Macon-Hall Elementary PK - 05 1,156 18.7 38016
Memphis College Preparatory KG - 04 288 15.2 38105
Peabody Elementary PK - 05 407 14.6 38104
Vollentine Elementary PK - 05 291 13.9 38107

Middle Schools near Memphis, TN

School Grades Students P/T Ratio ZIP
City University Boys Preparatory 06 - 08 73 12.2 38106
Colonial Middle School 06 - 08 1,092 17.4 38117
Corry Middle School 06 - 08 0 38106
Dubois High School of Teacher Education 09 - 12 0 38106
Dubois Middle of Leadership Public Policy 06 - 08 120 22.6 38106
Hamilton Middle School 06 - 08 411 15.9 38106
Hickory Ridge Middle School 06 - 08 902 19 38115
Highland Oaks Middle 06 - 08 786 20.1 38125
Kate Bond Middle 06 - 08 1,213 20.6 38133
South Side Middle 06 - 08 300 16.7 38106
Vance Middle School 06 - 08 0 38126
White Station Middle School 06 - 08 1,312 18.2 38120

High Schools near Memphis, TN

School Grades Students P/T Ratio ZIP
B T Washington High School 06 - 12 583 16.3 38126
Bolton High School 09 - 12 1,878 20.3 38002
City University School of Liberal Arts 09 - 12 290 18.9 38106
Cordova High School 09 - 12 2,039 21 38016
Dubois High of Leadership Public Policy 09 - 12 14 5.2 38106
Germantown High School 09 - 12 2,001 21.9 38138
Hamilton High School 09 - 12 725 25 38106
Hollis F. Price Middle College High School 09 - 12 117 9.8 38126
MCS Prep. School - Southwest 09 - 12 0 0 38106
Memphis Health Careers Academy 09 - 12 92 8.8 38106
White Station High School 08 - 12 2,330 22.8 38117
Whitehaven High School 09 - 12 1,852 19.6 38116

Ungraded Schools near Memphis, TN

School Grades Students P/T Ratio ZIP
* East Career Technology Center 07 - 12 0 0 38111
* Kansas Career and Technical Center 09 - 12 0 38106
* Kingsbury Vocational School 10 - 12 0 0 38122
* Memphis Adult High School 09 - 12 362 36.2 38111
* Sheffield Career and Technical Center 10 - 12 0 0 38118
* Southwest Career and Technical School 10 - 12 0 0 38109
* Trezevant Career and Technical School 09 - 12 0 0 38127
Avon Lenox School KG - 12 137 10.5 38117
Freedom Preparatory Academy 06 - 10 472 18.1 38109
Martin Luther King Transition Center KG - 12 867 86.7 38126
Memphis Academy of Science Engineering Middle/High 06 - 12 389 21.6 38103
Memphis Rise Academy 06 - 12 95 19 38122
Memphis School of Excellence 06 - 12 452 19.1 38141
Memphis Virtual School 06 - 12 97 8.1 38108
New Consortium of Law and Business 06 - 12 219 14.4 38134
Shrine School PK - 12 133 9.5 38118
Snowden School PK - 10 1,529 17.8 38112
Soulsville Charter School 06 - 12 632 14.7 38106
Woodstock High School 06 - 10 339 20.1 38053

Demographics near Memphis, TN 38126

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