Memphis TN Multi Family for Sale
$3,120,000
2038 SOUTHERN Ave Memphis, TN 38114
- Type:
- Apartment
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1960
- Baths:
- MLS#:
- 10181972
- Subdivision:
- COOPER
View additional info
Courtesy: Woodyard Realty Corp
901-767-1998
Worth Woodyard
ADDITIONAL INFORMATION
Newly renovated in 2022! The property is stabilized and turn-key. In Memphis' historic Cooper Young district: a hot spot for restaurants, bars, and the arts. Renovation included new flooring, updated kitchens, fully-finished bathrooms, exterior finished, and beautiful landscaping. All units equipped with stacked washer/dryers. Please call listing agent for details or showing. Do not disturb tenants!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1959
- Baths:
- MLS#:
- 10181225
- Subdivision:
- FAIRFAX
View additional info
Courtesy: eXp Realty, LLC
Donnie Morrow
ADDITIONAL INFORMATION
Calling all investors! Here is a duplex at 50% Occupancy. Could easily be 1% rent ratio when fully occupied.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1959
- Baths:
- MLS#:
- 10181224
- Subdivision:
- FAIRFAX
View additional info
Courtesy: eXp Realty, LLC
Donnie Morrow
ADDITIONAL INFORMATION
Calling all investors! Here is a duplex at 50% Occupancy. Could easily be 1% rent ratio when fully occupied.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1953
- Baths:
- MLS#:
- 10181222
- Subdivision:
- HYDE PARK BLK D
View additional info
Courtesy: eXp Realty, LLC
Donnie Morrow
ADDITIONAL INFORMATION
Calling all investors! This duplex could easily be 1% rent ratio when fully occupied.
$315,000
644 DICKINSON St Memphis, TN 38107
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1966
- Baths:
- MLS#:
- 10181052
- Subdivision:
- MORIARTYS DICKINSON ST
View additional info
Courtesy: Epique Realty
Wendi Weber
ADDITIONAL INFORMATION
Check out this Awesome Duplex located in Vollintine- Evergreen Historic district! Newly Renovated and close to food and entertainment as well as Rhodes College, this location is perfect! This duplex is also located on the Greenline!! Come Check it out!
$179,900
5693 MYERS Rd Memphis, TN 38115
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1973
- Baths:
- MLS#:
- 10181003
- Subdivision:
- HERITAGE COLONY 1ST ADDN REV BLK B
View additional info
Courtesy: Keller Williams
901-261-7900
Jacob Laurence
ADDITIONAL INFORMATION
This cash-flowing duplex would be the perfect addition to a rental portfolio. Both sides currently occupied. Market rent is $1,200 each side for $2,400/month total. Priced well below the 1% rule, this property would be cash flow positive from day 1. Additional pictures available on request. No showings until accepted contract.
$115,000
825 HILTON St Memphis, TN 38114
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1955
- Baths:
- MLS#:
- 10181002
- Subdivision:
- EAST END PLACE
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Courtesy: Tri-Leake Realty
901-323-1246
Duane Kinnard
ADDITIONAL INFORMATION
Brick duplex in Orange Mound ready for investors to secure cash flow! Each side is 1/1 and move in ready. Market rent is around $650-$750 per unit. Seller will take preference over cash offers without contingencies.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1940
- Baths:
- MLS#:
- 10180984
- Subdivision:
- DILATUSH AND ROBERTS OAKLAWN
View additional info
Courtesy: Memphis Metro Realty
Randall Weatherall
ADDITIONAL INFORMATION
Orange Mound duplex, ready for you to update and CASHFLOW! One side is occupied for $620 until 1/31/25 and the other can be fixed up and rented for $800! Do the work and get them both up to $800+/side for great cashflow in an area with a lot of upward momentum in recent years. Priced to allow for repairs to vacant side, ARV $175,000 Vacant side is available for showing. Get with your agent to schedule today! No assignable/wholesaler offers or seller-financing offers - none will be considered.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1952
- Baths:
- MLS#:
- 10181115
- Subdivision:
- WILLIAMS SPRINGDALE
View additional info
Courtesy: eXp Realty, LLC
Donnie Morrow
ADDITIONAL INFORMATION
Calling all investors! Here is a duplex at 50% Occupancy.. Could easily be 1% rent ratio when fully occupied!
$80,000
1810 KERR Ave Memphis, TN 38114
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1955
- Baths:
- MLS#:
- 10181111
- Subdivision:
- J P CLANCY
View additional info
Courtesy: eXp Realty, LLC
Donnie Morrow
ADDITIONAL INFORMATION
Calling all investors! Here is a duplex at 50% Occupancy and 0.9% rent ratio as it sits. Could easily be 1% rent ratio when fully occupied.
$80,000
1479 ORIOLE St Memphis, TN 38108
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1952
- Baths:
- MLS#:
- 10181107
- Subdivision:
- SOUTH BUNGALOW PARK
View additional info
Courtesy: eXp Realty, LLC
Donnie Morrow
ADDITIONAL INFORMATION
Calling all investors! Here is a fully occupied duplex at 1% rent ratio!
$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
View additional info
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.
$155,000
1112 RYDER Ave Memphis, TN 38106
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- 10180804
- Subdivision:
- COLLIER
View additional info
Courtesy: Assured Real Estate Services
901-590-1527
Sherita McCray
ADDITIONAL INFORMATION
his property is 75% renovated. The seller is highly motivated to sell and is seeking your highest and best offer. The triplex consists of two units with 2 bedrooms and 1 bath each, and one efficiency unit with new roof, windows, plumbing, drains
$227,000
796 ATLANTIC St Memphis, TN 38112
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1948
- Baths:
- MLS#:
- 10180795
- Subdivision:
- POPE
View additional info
Courtesy: Fast Track Realty, LLC
901-767-8770
Christy Palmer
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.
$359,000
1818 TUTWILER Ave Memphis, TN 38107
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1925
- Baths:
- MLS#:
- 10180653
- Subdivision:
- UNIVERSITY PARK BLK 3
View additional info
Courtesy: Ware Jones, REALTORS
Michelle Koeppen
ADDITIONAL INFORMATION
Fabulous Rhodes college Duplex in the perfect location! Original red brick duplex with large rooms, sensible floor plan, tons of light, nice millwork, original hardwood floors & best of all...generous front porches for entertaining friends and neighbors. These two living areas have separate entrances, appliances & washer & dryers just off the kitchen area, covered parking at rear entrance. Meticulously maintained property and great investment opportunity near beautiful Rhodes College.
$500,000
1261 CENTRAL Ave Memphis, TN 38104
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1917
- Baths:
- MLS#:
- 10180386
- Subdivision:
- SNOWDEN HOMESTEAD
View additional info
Courtesy: SimpliHOM
Kelly Day
ADDITIONAL INFORMATION
Beautiful 6 unit multifamily in the heart of midtown with easy access to the medical district, dining, shopping and entertainment. Fully occupied with value add opportunity with cosmetic upgrades. A must see for any investor.
$210,000
2428 LAMAR Cir Memphis, TN 38114
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1947
- Baths:
- MLS#:
- 10180200
- Subdivision:
- CHARLES H FREEBURGS 1ST ADDITION 10 LAMA
View additional info
Courtesy: KAIZEN Realty, LLC
901-221-4041
LaJuana Miller
ADDITIONAL INFORMATION
COMPLETELY RENOVATED duplex. LIVE on one side and COLLECT rent on the other!! Unique investment opportunity for an owner occupant OR for an investor looking for a turn-key property! Fantastic Addition to your investment portfolio. Minutes from Cooper-Young area. New roof, amazing new kitchens & new baths, new flooring, new lighting, fresh paint inside & out. Take a look at those photos! Private gated parking in back. This is a property you will be proud to own! Call agent for more info.
$1,975,000
1044 DELMAR Ave Memphis, TN 38105
- Type:
- Flat
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1912
- Baths:
- MLS#:
- 10179938
- Subdivision:
- HARVEY
View additional info
Courtesy: Myers Cobb Realtors, LLC
Dominey Shaw
ADDITIONAL INFORMATION
Delmar-Lema Historic District Village w/ 23 units & gated near the Medical District. Units are 1 bed/1 bath & have renovated interiors w/ LVP flooring, fresh paint, & central HVAC. Exteriors have fresh paint & newer roofing. Entire perimeter is fenced & a solar powered entry gate has been installed. Just blocks from the VA Hospital, LeBonheur Children's Hospital, Regional One, & close to downtown Memphis. Surrounding area currently being revitalized w/ many new & upcoming developments!
$2,000,000
528 E PARKWAY Ave Memphis, TN 38112
- Type:
- Apartment Building
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1924
- Baths:
- MLS#:
- 10179790
- Subdivision:
- MISSES HANSON
View additional info
Courtesy: Pinnacle Realty
Jeanette Lin
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
View additional info
Courtesy: Sowell, Realtors
901-278-4380
Trey McElroy
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.
$105,000
1869 MARJORIE St Memphis, TN 38106
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1946
- Baths:
- MLS#:
- 10179167
- Subdivision:
- WOODLAND BLK 3
View additional info
Courtesy: KAIZEN Realty, LLC
901-221-4041
Cali Neal
ADDITIONAL INFORMATION
Duplex 2/1 each side appr. 800sqft each door. Renter ready, renovations have been made to current sellers standards. Previous rent $700-$750. Can go up to $900 for Area. Large corner lot with nice size kitchens. Currently vacant and easy to show. Please send all offers
$199,000
877 POLK Ave Memphis, TN 38126
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1957
- Baths:
- MLS#:
- 10179153
- Subdivision:
- OVERTON AND GROSVENOR
View additional info
Courtesy: KAIZEN Realty, LLC
901-221-4041
Cali Neal
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.
$149,750
3117 PACIFIC Ave Memphis, TN 38112
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1965
- Baths:
- MLS#:
- 10179058
- Subdivision:
- HILLCREST
View additional info
Courtesy: Crye-Leike, Inc., REALTORS
901-756-8900
Tyler Tapley
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.
$150,000
976 PEABODY Ave Memphis, TN 38104
- Type:
- Apartment Building
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1900
- Baths:
- MLS#:
- 10179247
- Subdivision:
- PEABODY
View additional info
Courtesy: Woodyard Realty Corp
901-767-1998
Worth Woodyard
ADDITIONAL INFORMATION
Great renovation opportunity. Estimate 80-100k total needed in renovation cost. Four HUGE well laid out one bedrooms. Estimated rent potential of $800/month after renovation. Call agent for showing.
$175,000
574 MCKINLEY St Memphis, TN 38126
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1900
- Baths:
- MLS#:
- 10178749
- Subdivision:
- WILLIAMS
View additional info
Courtesy: Crye-Leike, Inc., REALTORS
901-754-0800
Tara Bradley
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 which income generating. 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.
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 $185,000. 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 $185,000. 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.