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Multifamily Homes & Duplexes for Sale in 38126

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  • /15

    $675,000

    • 18 Beds
    • 6,516 Sq Ft

    361 Walker Ave, Memphis, TN 38126

    Reduced Price - Attention Investors! Don’t miss this incredible opportunity to own a fully updated 9-apartment unit with excellent cash flow potential. This two-bedroom, one-bathroom unit features new vinyl windows, new flooring, new countertops, and fresh paint throughout, making it a turnkey investment. Some tenants have been in place for several years, providing immediate rental income and

    Area Mays KAIZEN Realty, LLC

    361 Walker Ave, Memphis, TN 38126
  • /4

    $313,895

    • 10 Beds
    • 3,772 Sq Ft

    1025 S Wellington St, Memphis, TN 38126

    Centrally located near Downtown Memphis, LeMoyne-Owen College, and the Stax Museum, this 5-Unit Garden apartment is sure to impress! New iron stairs on both ends were replaced March 2024. New roof, plumbing, electrical, and mechanical work completed January 2022. Currently 80% occupied. Annual scheduled rents of $38,820, with potential of $42,000 annual rents. Investors only, please call for more

    Trey McElroy Sowell, Realtors

    1025 S Wellington St, Memphis, TN 38126
  • /10

    $390,000

    • 12 Beds
    • 4,200 Sq Ft

    487 Williams Ave, Memphis, TN 38126

    6-UNIT APARTMENT BUILDING LOADED WITH POTENTIAL! Owner has put ~$140,000 in renovations into the building over his tenure of ownership including- refurbishing all 6 units and replacing the sewer (March 2025). 2 units rented, 2 units moving out soon, 2 units vacant and need clean out and refresh to make rent ready. Wall heaters need to be repaired or replaced. Building being sold 'as is.'

    Jeremy Veldman KAIZEN Realty, LLC

    487 Williams Ave, Memphis, TN 38126
  • /13

    $195,000

    • 4 Beds
    • 2,460 Sq Ft

    877 Polk Ave, Memphis, TN 38126

    Investor special on this 4plex offers an excellent investment opportunity. Each unit features 1 bedroom and 1 bathroom, with standard renovations completed to make the property rent-ready. The property is being sold as-is and can be delivered vacant, providing flexibility for the new owner. Previously appraised for $215k and is back on the market due to no fault of the seller. Currently, one unit

    Cali Neal KAIZEN Realty, LLC

    877 Polk Ave, Memphis, TN 38126
  • /13

    $550,000

    • 20 Beds
    • 6,150 Sq Ft

    486 E Georgia Ave, Memphis, TN 38126

    Fully Renovated & Fully Occupied 10 Unit Apartment Building~Each Apartment is 2BR/1BA~Each Unit Recently Renovated~All Tenants on Month-to-Month Lease~No Showings without Accepted Offer~Please Do Not Disturb Tenants

    Jennifer Carstensen Real Estate Agency

    486 E Georgia Ave, Memphis, TN 38126
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