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Multifamily Homes & Duplexes for Sale in 38115

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  • /17

    $125,000

    • 2 Beds
    • 2 Baths
    • 1,000+ Sq Ft

    6295 Kirby Downs Dr, Memphis, TN 38115

    Super cute 2 bedroom 2 bathroom brick home that is in MOVE-IN CONDITION in Hickory Hill area. Great ranch style property with no stairs and big backyard (pet friendly). Home has new interior paint, new exterior paint, new mirrors, new light fixtures, new plumbing fixtures and several other upgrades (water heater and roof are believed to be less than 6 years old). FHA/VA/ Conventional offers

    Tyler Tapley Crye-Leike, Inc., REALTORS

    6295 Kirby Downs Dr, Memphis, TN 38115
  • /3

    $140,000

    • 3 Beds
    • 2 Baths
    • 1,000+ Sq Ft

    5511 Emerald Hills Dr, Memphis, TN 38115

    Cashflowing investment property with new roof and some systems update. Tenant in place (Do not disturb). This 3-bedroom, 2-bathroom, 1,200 square foot home offers a strong opportunity for both new and experienced investors. The property is tenant-occupied and generating rental income of over $1,100 per month. Please do not disturb the tenant. Recent updates include a new roof and improvements

    Terrance Hill eXp Realty, LLC

    5511 Emerald Hills Dr, Memphis, TN 38115
  • /17

    $155,000

    • 2 Beds
    • 1 Bath
    • 1,000+ Sq Ft

    3682 Hyacinth Dr, Memphis, TN 38115

    Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $1200 per month and is on a lease from 8/01/2023 until 07/31/2026. This property was newly renovated in 2023 and a new furnace, central A/C, hot water heater, and roof were installed at that time. There is professional property management in place with Reedy and Company. No wholesale or creative

    Mark Hart Reedy & Company, REALTORS

    3682 Hyacinth Dr, Memphis, TN 38115
  • /13

    $62,500

    • 3 Beds
    • 2 Baths
    • 1,400+ Sq Ft

    3243 Thirteen Colony Mall Unit 2B, Memphis, TN 38115

    Great investment opportunity. Tenant occupied, cash flowing and professionally managed rental property available. Currently rented for $925/mo with a $955 security deposit on file. Gated parking. $225 HOA fee. Brick exterior. Lease expires 9/30/25. Do not approach or disturb tenant, no showings without an accepted offer. No wholesale, assignment, seller finance or creative finance. Seller also

    Tyler Tapley Crye-Leike, Inc., REALTORS

    3243 Thirteen Colony Mall Unit 2B, Memphis, TN 38115
  • /13

    $115,000

    • 2 Beds
    • 1.5 Baths
    • 1,200+ Sq Ft

    3725 Wax Myrtle Dr, Memphis, TN 38115

    Investor Opportunity – 3725 Wax Myrtle Dr., Memphis, TN This 2-bedroom, 1.1-bath condo is a fantastic addition to any investment portfolio, offering instant cash flow with a tenant already in place. Leased through 10/31/2025 at $975/month, this property provides steady income from day one. The well-maintained interior features a spacious living and dining area, a functional kitchen with ample

    James Wachob Foundation Property Management

    3725 Wax Myrtle Dr, Memphis, TN 38115
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