Memphis TN Multi Family for Sale
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1958
- Baths:
- MLS#:
- 10185606
- Subdivision:
- S HYDE PARK
View additional info
Courtesy: CrestCore Realty MphsBrokerage
Dean Harris
ADDITIONAL INFORMATION
Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No blind offers and no wholesaler or assignment of contract offers will be accepted.
$126,000
2946 GRENADIER Cv Memphis, TN 38127
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1973
- Baths:
- MLS#:
- 10185230
- Subdivision:
- SCHOOLFIELD-ST ELMO
View additional info
Courtesy: CrestCore Realty MphsBrokerage
Dean Harris
ADDITIONAL INFORMATION
Investment opportunity in the Shelby area. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.
$195,000
1020 BOSTON St Memphis, TN 38114
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1956
- Baths:
- MLS#:
- 10185250
- Subdivision:
- FRATERNAL HEIGHTS
View additional info
Courtesy: Keller Williams
901-221-5100
Caleb Hall
ADDITIONAL INFORMATION
Triplex for sale in Memphis, TN. Unit one is two bedroom, one bath, needs some rehab. Unit #2 is a two bed, one bath is fully rehabbed. Unit 3 is a 3 bedroom, 1.5 bath fully rehabbed. Previous rents were 850/850/1050
$120,000
2312 NORMAN Ave Memphis, TN 38108
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1950
- Baths:
- MLS#:
- 10185303
- Subdivision:
- MAYFIELD
View additional info
Courtesy: Foundation Property Management
James Wachob
ADDITIONAL INFORMATION
Great Occupied Investment Opportunity! This Duplex property is 2 bed 1 bath per side, fully occupied, $1250 per month, $650 and $600 per month until 9/22/2026 and 4/14/2025 with multi-year tenant. This property was newly renovated in 2024, new LVP flooring, kitchen upgrades including new appliances on one side, fresh painted cabinets, new counter tops, bathroom updated and fresh paint. Your cash flowing investment opportunity awaits. Do not disturb tenants, No wholesale or creative financing offers. No showings without an accepted offer. Freshly renovated, updates include new HVAC system, new hot water heater, granite kitchen countertops, new cabinets, new flooring, and freshly painted throughout.
$1,280,000
972 PEABODY Ave Memphis, TN 38104
- Type:
- Apartment
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1963
- Baths:
- MLS#:
- 10185043
- Subdivision:
- PEABODY
View additional info
Courtesy: Woodyard Realty Corp
901-767-1998
Worth Woodyard
ADDITIONAL INFORMATION
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1922
- Baths:
- MLS#:
- 10184699
- Subdivision:
- MEACHAM RE BLK 23
View additional info
Courtesy: Marx-Bensdorf, REALTORS
901-682-1868
Andrea Hayes
ADDITIONAL INFORMATION
Building with 3 units in desirable Central Gardens. Close to everything! Strong rental history with happy, long-term tenants. Two units with 2 bedrooms down and one unit with 3 bedrooms upstairs. Two of the units have been recently renovated. Each unit features all appliances, central heat & air, in-suite washer/dryer, original hardwood floors, a spacious front porch, and convenient parking in the rear. Tall ceilings + lots of midtown charm. New roof 2021. Tenants pay all utilities + the low expenses make this a great cash flowing property. Current gross rent: $4,050. Please DO NOT disturb tenants. Drive-by only!
$539,901
512 MCELROY Rd Memphis, TN 38120
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1985
- Baths:
- MLS#:
- 10184658
- Subdivision:
- BRUCE ELLINGTON RESUB LOTS 2&3
View additional info
Courtesy: 901, REALTORS
Dylan Johnson
ADDITIONAL INFORMATION
"RARE FIND! Appraisal in hand for $565,000 from 2023. Instant Equity. UNBELIEVABLE OPPORTUNITY to purchase a home divided into TWO units. Both sides are 3 bedrooms with 2 baths with almost 2k feet of living space! HUGE income potential. Live in one and rent the other. Rent them both or have multiple families living together... endless possibilities in this highly desirable neighborhoods with easy access to local parks, shopping, and dining. You will not find another opportunity like this in the neighborhood with gorgeous new buildings going up around it, this is gold mine. Both sides very nicely updated and clean. Featuring spacious living areas filled with natural light, a beautifully updated kitchen with stainless steel appliances This charming residence combines modern comforts with classic Southern charm."
$159,999
1303 E TRIGG Ave Memphis, TN 38106
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- 10184614
- Subdivision:
- CRESENT LAND CO
View additional info
Courtesy: Franchise Realty, LLC
901-308-2819
Randall Garrett
ADDITIONAL INFORMATION
4 unit apartment complex recently fully renovated and leased. Total rents are $2,825 per month. Please do not disturb tenants.
$579,000
1464 PEABODY Ave Memphis, TN 38104
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1915
- Baths:
- MLS#:
- 10184439
- Subdivision:
- KIMBROUGHS UNION AVE
View additional info
Courtesy: Sowell, Realtors
901-278-4380
Linda Sowell
ADDITIONAL INFORMATION
This elegant duplex in the heart of Central Gardens is open and spacious with lots of character and architectural details. Lovely hardwood floors, high ceilings, great moldings, beautiful sunrooms, lots of natural light, plus covered parking.
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1922
- Baths:
- MLS#:
- 10184196
- Subdivision:
- MCLAUGHLIN
View additional info
Courtesy: Crye-Leike, Inc., REALTORS
901-756-8900
Africa McCloy
ADDITIONAL INFORMATION
This is a brand newly renovated, beautifully finished fourplex (with buildable bonus lot). Features two, lovely partially furnished duplexes with granite counters, stainless steel appliances, all tile floors and modern decor throughout. Lot is secured with wrought iron access-controlled gate, camera & automated lighting system and the location is .39 miles from Cooper-Young and right up the street from the new $56M Liberty Park mixed use development. A great Midtown-convenient asset!
$124,000
1510 N MERTON St Memphis, TN 38108
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1964
- Baths:
- MLS#:
- 10184184
- Subdivision:
- Fairfax
View additional info
Courtesy: Prime Real Estate Group
Jessica Sewell
ADDITIONAL INFORMATION
Well performing duplex. Both units are 2 bed, 1 bath. Tenants pay all utilities and provide appliances. Both units are rented at $650.
$114,000
2161 HOWELL Ave Memphis, TN 38108
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1950
- Baths:
- MLS#:
- 10184183
- Subdivision:
- Boots & Turner Springdale Park
View additional info
Courtesy: Prime Real Estate Group
Jessica Sewell
ADDITIONAL INFORMATION
Great duplex in Vollintine. One side renovated in 2023, the other just renovated. Tenants at $550 and $595. Both units are 1 bed, 1 bath. Tenants pay all utilities and provide appliances.
$149,999
1423 BOXWOOD St Memphis, TN 38108
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1953
- Baths:
- MLS#:
- 10184006
- Subdivision:
- NORWOOD
View additional info
Courtesy: Bryan Realty Group
Michael Bryan
ADDITIONAL INFORMATION
Renovated mid-2024! Duplex for double income at a great price. Rent $795 per unit. Both units tenant-occupied. Do not approach or disturb tenants. No showings until offer has been accepted.
$299,999
259 MARYLAND Ave Memphis, TN 38126
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1958
- Baths:
- MLS#:
- 10183964
- Subdivision:
- COCKE CAROLINE J
View additional info
Courtesy: Franchise Realty, LLC
901-308-2819
Randall Garrett
ADDITIONAL INFORMATION
Renovation is now complete. We are now marketing for lease. Gross potential rent is $3,610/month. Complete turnkey investment. Start making money day one!
- Type:
- Apartment Building
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1962
- Baths:
- MLS#:
- 10183900
- Subdivision:
- HARVEY
View additional info
Courtesy: Heritage Homes Co.
901-755-2000
Adam Underwood
ADDITIONAL INFORMATION
Vacant. Be careful. Show with caution. Marked as dangerous building by City of Memphis. Possibly salvageable. Possibly a full demo. There is fire damage in the rear. Short sale. All offers will be presented by buyer to the lender.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1954
- Baths:
- MLS#:
- 10183910
- Subdivision:
- CRESCENT LAND CO
View additional info
Courtesy: Crye-Leike, Inc., REALTORS
901-756-8900
Tyler Tapley
ADDITIONAL INFORMATION
Investors only! Duplex for sale (1 bed /1bath) each side. ONLINE VIDEO AVAILABLE UPON REQUEST. One unit is occupied at $550 & rented at $525 ($1075 total rent). Property is professionally managed (lease & ledger available). Recent renovations include: window ac units, new paint, new flooring on one side (LVP), new cabinets on one side, new water heater on one side, new doors & knobs. ONLINE VIDEO AVAILABLE UPON REQUEST. Don't approach or disturb tenants no showings without an accepted offer. Seller isn't interested in creative financing or owner financing. No wholesalers or assignments please.
$250,000
3468 BOWEN Ave Memphis, TN 38122
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.23 Acres
- Year built:
- 1925
- Baths:
- MLS#:
- 10183809
- Subdivision:
- HIGHLAND HEIGHTS BLK 14
View additional info
Courtesy: Memphis Metro Realty
Randall Weatherall
ADDITIONAL INFORMATION
Three of four occupied - current rents are $475+$100/month for rent and utilities. Unit 3 is $685+$123.25/mon, and unit 1 is getting $800+125 in utilities. Investors, here is your chance to get a 4-unit complex in a HOT part of town - close to Summer Ave., Berclair, Midtown and a lot of jobs! This spot has had a huge come-up in the last few years, with new businesses, apartment buildings, and city betterment initiatives going on nearby. Get in while it's affordable and reap the rewards for years to come with a cashflowing property offered at a killer price! 4 units total, 1 eff., 2 x 1/1 units, and 1 x 2/1 unit with a common laundry. Market rent for vacant unit is $850 per month with $100-125/unit utility billback in lease. 1 unit is vacant.
$550,000
319 GARLAND St Memphis, TN 38104
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2024
- Baths:
- MLS#:
- 10183130
- Subdivision:
- GARLAND PL
View additional info
Courtesy: Sowell, Realtors
901-278-4380
Linda Sowell
ADDITIONAL INFORMATION
This is a rare opportunity to own a new duplex that is conveniently located in walkable neighborhood near the Cleveland Concourse. Each unit has an open floor plan with high ceilings ,spacious rooms , nice finishes and very high ceiling. The quality construction is evident with so much attention to detail. There is ample parking. This property is perfect for an owner occupant or an investor looking for turnkey units. Very attractive facade that blends well with the neighborhood. 4 bedrooms 2 baths up and 3 bedrooms 2 baths down. Great kitchens. Special financing is available for owner occupant with no income limit!
$370,000
1706 TUTWILER Ave Memphis, TN 38107
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1927
- Baths:
- MLS#:
- 10182758
- Subdivision:
- UNIVERSITY PARK BLK 7
View additional info
Courtesy: Crye-Leike, Inc., REALTORS
901-754-0800
Tammy Bunnell
ADDITIONAL INFORMATION
The perfect scenario you might ask? Have someone pay part of your mortgage while they live on the other side of this great duplex. All of the units are large, with hardwood floors, central heat and air, updated baths and kitchens. Washer/Dryer, and fridge stay in each unit. Near Rhodes College, Medical School, and The College of Southern Optometry. DO NOT DISTURB NEIGHBORS *Please give 24 hour notice for showing Current rent is 1300 each side.
$399,900
1304 HORACE St Memphis, TN 38106
- Type:
- Apartment Building
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1960
- Baths:
- MLS#:
- 10182732
- Subdivision:
- SLAGER & ROSENHEIM
View additional info
Courtesy: Renshaw Company, REALTORS
901-820-4367
Caleb Parr
ADDITIONAL INFORMATION
Renovated cash-flowing 6 unit apartment building now available. 5 of the 6 units are occupied. Unit 1 $931 (Section 8), Unit 3 $600 (this is long term tenant, unit has not been renovated), Unit 4 $750, Unit 5 $750, Unit 6 $997 (Section 8). Separately metered units. Brand new catwalk/stairs
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1973
- Baths:
- MLS#:
- 10182586
- Subdivision:
- EAST WHITEHAVEN PARK
View additional info
Courtesy: Memphis Metro Realty
Randall Weatherall
ADDITIONAL INFORMATION
This is a hot investment street, with a ton of potential tenants and increasing rents/values as the neighborhood is being turnkeyed. The neighborhood is close to the airport and several distribution centers with a strong need for workforce housing. Currently, these are rented for $1575 combined, with 4447 rented for $875 until 6/30/25 & 4449 for $700 until 1/31/2025. Fixed up, both units should rent in the $900 range, allowing for some great long-term income and an awesome reason to add it to your portfolio! Buyer to verify all facts; no showings until accepted offer. Do not disturb tenants. No assignable/wholesaler offers will be accepted. No seller-financing, so do not ask or offer; it will be rejected. Seller is selling all in Memphis market to invest in local market.
$895,000
23 S MORRISON St Memphis, TN 38104
- Type:
- Apartment Building
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.2 Acres
- Year built:
- 2021
- Baths:
- MLS#:
- 10182486
- Subdivision:
- GREENLAND PL
View additional info
Courtesy: Crye-Leike Commercial
901-758-5670
Jeffrey Moore
ADDITIONAL INFORMATION
This newer triplex consists of 3 large 2 bedroom 2 bath units with lots of modern amenities including modern kitchens and washers and dryers and balconies. The scheduled monthly income is 6300 per monthl. Drive by only Please do not disturb residents.
$995,000
78 N REMBERT St Memphis, TN 38104
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Year built:
- 2020
- Baths:
- MLS#:
- 10182485
- Subdivision:
- EAST END PARK PLACE
View additional info
Courtesy: Crye-Leike Commercial
901-758-5670
Jeffrey Moore
ADDITIONAL INFORMATION
This newer 4 plex consists of all large 2 bedroom 2 bath units with lots of modern amenities, including washers and dryers and modern kitchens . The scheduled monthly income is 7200 per month. Drive by only. Please do not disturb residents.
$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.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1974
- Baths:
- MLS#:
- 10182105
- Subdivision:
- TODDS CREEK COVE REV
View additional info
Courtesy: Keller Williams
901-221-5100
Caleb Hall
ADDITIONAL INFORMATION
Fully renovated to make a great house hack or investment! No subject to. End buyers only.
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 $186,500. 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 $186,500. 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 has a population of 634,139. Memphis is less family-centric than the surrounding county with 18.89% 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 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 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.