Memphis TN Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1973
Baths:
MLS#:
10178549
Subdivision:
SCHOOLFIELD-ST ELMO

ADDITIONAL INFORMATION

Unit 3817 offers 3 beds, 1 bath, leased at $770/month. Unit 3815 has 2 beds, 1 bath, listed at $800/month and is currently vacant. Both units feature updates: LVP flooring, fresh paint, new lighting, new HVAC condensers, and a new water heater within the last 2 years. Professionally managed, ideal for investors or owner-occupants seeking a house hack opportunity. Live in one side and rent out the other. Eligible for FHA, VA, and Conventional lending. Don't miss this income-generating gem!

Type:
Apartment Building
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1964
Baths:
MLS#:
10177207
Subdivision:
Willis

ADDITIONAL INFORMATION

Newly renovated 9- 2 bed/1 bath units 1695 Ontario Ave Great location in the Frayser Area 9 mins from Downtown 4 miles from Midtown 2 mins from Frayser Park which is a 40-acre park with a playground, pavilion, 1.5-mile walking trail, outdoor pool, tennis center, open field space and the Ed Rice Community Center. Stove and Refrigerator included Laundry Facility on site 89% occupied

Type:
Apartment Building
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1974
Baths:
MLS#:
10177214
Subdivision:
Willis

ADDITIONAL INFORMATION

Newly renovated 16- 2 bed/1 bath units 1695 Ontario Ave Great location in the Frayser Area 9 mins from Downtown 4 miles from Midtown 2 mins from Frayser Park which is a 40-acre park with a playground, pavilion, 1.5-mile walking trail, outdoor pool, tennis center, open field space and the Ed Rice Community Center. Stove and Refrigerator included

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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 38127 has a population of 654,723. Memphis 38127 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 38127 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 38127 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

    143
    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
Brookmeade Elementary PK - 05 316 16 38127
Corning Achievement Elementary PK - 05 312 18.4 38127
Denver Elementary PK - 05 596 19.9 38127
Frayser Achievement Elementary PK - 05 336 19.8 38127
Georgian Hills Achievement Elementary School PK - 05 358 21.1 38127
Hawkins Mill Elementary PK - 05 346 18.2 38127
Lucie E. Campbell Elementary PK - 05 369 16.8 38127
Northaven Elementary School PK - 08 351 9.8 38127
Westside Elementary PK - 05 319 15.9 38127
Whitney Achievement Elementary School PK - 05 446 22.5 38127

Middle Schools near Memphis, TN

School Grades Students P/T Ratio ZIP
Georgian Hills Middle School 06 - 08 310 18.8 38127
Grandview Heights Middle 06 - 08 703 32.7 38127
Westside Achievement Middle School 06 - 08 369 19.4 38127
Westside Middle 07 - 08 0 38127

High Schools near Memphis, TN

School Grades Students P/T Ratio ZIP
Martin Luther King Preparatory High School 09 - 12 602 38127
Memphis Business Academy High School 09 - 12 383 20.2 38127
Pathways in Education - TN 07 - 12 221 22.1 38127
Trezevant High School 09 - 12 578 30.4 38127

Ungraded Schools near Memphis, TN

School Grades Students P/T Ratio ZIP
* Trezevant Career and Technical School 09 - 12 0 0 38127

Demographics near Memphis, TN 38127

Metric Zip Code City
Neighborhood Type Suburban
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