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Duplexes for Sale in Memphis, TN

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  • /40

    $140,000

    • 4 Beds
    • 2 Baths
    • 1,300 Sq Ft

    1535 Standridge St, Memphis, TN 38108

    Turnkey move-in ready duplex for sale in 38108! Each side has 2 bed/1 bath units and can be rented as high as $750/month creating an opportunity for $1,500/month in gross rental income which exceeds the 1% rule! Great opportunity for building your portfolio with massive cashflow or a house-hack for those starter investors looking to offset their mortgage payment using VA or FHA with little to

    Agent Photo

    Jordan Ray

    eXp Realty, LLC

    (901) 668-7641

    1535 Standridge St, Memphis, TN 38108
  • /27

    $373,000

    • 5 Beds
    • 2,580 Sq Ft

    1531 Court Ave, Memphis, TN 38104

    Very solid multi-family investment opportunity in 38104! This property is currently configured & operating as a triplex, though it is zoned as a duplex, presenting a unique opportunity for investors. The 1st unit features 2 beds/2 baths, the 2nd unit offers 2 beds/1 bath, and the 3rd unit includes 1 bed/1 bath. The property is presently being utilized as a short-term rental, generating strong

    Agent Photo

    Jordan Ray

    eXp Realty, LLC

    (901) 699-4915

    1531 Court Ave, Memphis, TN 38104
  • /40

    $748,000

    • 6 Beds
    • 4 Baths
    • 3,000+ Sq Ft

    2283 Young Ave, Memphis, TN 38104

    The ideal Memphis short term rental has hit the market! "The Graffiti House" is a brand new build and very active short term rental duplex. Two units that can sleep up to 18! Built in stylish bunk beds, custom graffiti on inside and outside walls, a balcony on top of Young Ave next to all the action. Your guests will be able to easily walk to all that is Cooper Young, the Liberty Bowl, and the

    Agent Photo

    Corey Steinberg

    River City Land Co., LLC

    (901) 780-7814

    2283 Young Ave, Memphis, TN 38104
  • /21

    $218,000

    • 2 Beds
    • 2 Baths
    • 1,572 Sq Ft

    1220 Snowden Ave, Memphis, TN 38107

    Located in the Speedway Terrace Historic District, this classic 1912 Craftsman bungalow duplex with Victorian Folk influence offers both historic character & income potential in the heart of Memphis. The property is a duplex with 2 fully furnished units, each has 1 bed/1 bath, and is currently operating as a short-term rental, providing immediate revenue opportunity. Rich in early-20th-century

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    Jordan Ray

    eXp Realty, LLC

    (901) 780-7542

    1220 Snowden Ave, Memphis, TN 38107
  • /40

    $450,000

    • 5 Beds
    • 4 Baths
    • 3,998 Sq Ft

    201 Stonewall St, Memphis, TN 38112

    Timeless Southern Charm Meets Modern Income Potential! Discover this exquisite 1916 Craftsman duplex at 201 Stonewall in the heart of Midtown Memphis' prestigious Historic Evergreen District. 4K sq ft of gracious living space, this Southern classic boasts gleaming hardwood floors, stunning leaded glass windows, soaring 10-ft ceilings and expansive front porches & upper/lower patios framed by

    Agent Photo

    Todd Adams

    Keller Williams

    (901) 673-8108

    201 Stonewall St, Memphis, TN 38112
  • /37

    $140,000

    • 4 Beds
    • 2 Baths
    • 1,300 Sq Ft

    1531 Standridge St, Memphis, TN 38108

    Turnkey move-in ready duplex for sale in 38108! Each side has 2 bed/1 bath units and can be rented as high as $750/month creating an opportunity for $1,500/month in gross rental income which exceeds the 1% rule! Great opportunity for building your portfolio with massive cashflow or a house-hack for those starter investors looking to offset their mortgage payment using VA or FHA with little to

    Agent Photo

    Jordan Ray

    eXp Realty, LLC

    (901) 899-1159

    1531 Standridge St, Memphis, TN 38108
  • /40

    $525,000

    • 6 Beds
    • 4 Baths
    • 4,398 Sq Ft

    1464 Peabody Ave, Memphis, TN 38104

    This exceptional duplex, designed for optimal flow, features well-placed bedrooms and bathrooms. It exudes character with unique architectural details, spacious living areas, and a large kitchen. Located just five minutes from the medical and dental schools, and ten minutes from the University of Memphis Law School, it’s ideally situated. The upstairs unit offers three bedrooms, two bathrooms, a

    Agent Photo

    Leigh Martin

    Hobson, REALTORS

    (901) 599-2570

    1464 Peabody Ave, Memphis, TN 38104
  • /12

    $135,000

    • 2 Beds
    • 2 Baths
    • 1,107 Sq Ft

    2452 Saratoga Ave, Memphis, TN 38114

    INVESTOR ALERT! Turnkey, tenant-occupied duplex with strong cash flow, exceeding the 1% rule. Both units leased at $700/month. Memphis continues to attract investor demand due to affordable price points and solid rent-to-price ratios. No assignable offers. No seller financing. Drive by only. Do not disturb tenants. Showings only with accepted contract.

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    Walter Jones

    BEST Real Estate Company

    (901) 883-6784

    2452 Saratoga Ave, Memphis, TN 38114
  • /11

    $70,000

    • 2 Beds
    • 2 Baths
    • 1,395 Sq Ft

    2365 Dexter Ave, Memphis, TN 38108

    Check out this awesome value-add investment! This duplex features 1 bed and 1 bath on each side. 2365 is tenant occupied at $600/month and 2367 needs minimal work to be move-in ready. 2365 (right side) can be viewed once a contract is in place...do not disturb occupants. Schedule your viewing for 2367(left side) today and add this one to your portfolio. No seller financing, no wholesalers, no

    Agent Photo

    Haydn Wiseman

    Cahltrep Realty, LLC

    (901) 883-7871

    2365 Dexter Ave, Memphis, TN 38108
  • /12

    $244,000

    • 4 Beds
    • 3 Baths
    • 1,932 Sq Ft

    2023 Young Ave, Memphis, TN 38104

    Investor alert in the heart of Midtown Memphis! ?? 2023 Young Ave – Duplex 2/2 and 2/1 ?? Currently renting for $2,202/month total ?? Strong rental demand area Located just minutes from Cooper-Young Historic District, this property sits in one of the most walkable and desirable pockets of Memphis. Close to dining, nightlife, and everything Midtown has to offer. ? Income-producing property ? Prime

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    Austin Hall

    Evernest Too, LLC

    (901) 676-8798

    2023 Young Ave, Memphis, TN 38104
  • /26

    $54,900

    • 3 Beds
    • 2 Baths
    • 962 Sq Ft

    2397 Shasta Ave, Memphis, TN 38108

    This property is being SOLD AS IS. Great Property with Good Bones and Perfect for Invest Property is rented for or, Cash Flowing; $850 per month. Property was built as a Duplex and could be converted at some point. Property is rented. ***DO NOT DISTURB TENANT*** A Soft rehab was done when the Seller Purchased it. No Wholesalers, No Seller Financing and No Creative Financing. *** CASH Offers Only,

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    Tara Woodley

    Zach Taylor Real Estate

    (901) 459-2102

    2397 Shasta Ave, Memphis, TN 38108
  • /12

    $439,000

    • 8 Beds
    • 4 Baths

    3310 Tutwiler Ave, Memphis, TN 38122

    Brand New Construction in Berclair for sale! Duplex is a 4 bed and 2 bath on each side with the projected rents at $1795 a side. Ideal for an investor looking for new construction with low maintenance or even a house hacker. Open floor plan with the master downstairs and 3 beds upstairs. All new kitchen appliances with high end finishes in the kitchen and bathrooms. Call listing agent today!

    Andrew Akins CB Properties of Memphis, LLC

    3310 Tutwiler Ave, Memphis, TN 38122
  • /3

    $250,000

    • 6 Beds
    • 4 Baths
    • 3,323 Sq Ft

    3334 Fairbanks St, Memphis, TN 38128

    Spacious duplex investment opportunity in the Raleigh area featuring two units, each offering 3 bedrooms and 2 baths. Current scheduled monthly income is $2,600. Both units are tenant occupied — please do not disturb tenants. Great opportunity for investors looking to expand their portfolio with additional duplexes coming available soon in the area. Conveniently located near shopping, dining, and

    Debbie Nixon Crye-Leike, Inc., REALTORS

    3334 Fairbanks St, Memphis, TN 38128
  • /8

    $169,900

    • 2 Beds
    • 2 Baths
    • 1,224 Sq Ft

    2428 Vollintine Ave, Memphis, TN 38108

    INVESTORS ONLY! Turnkey, cash-flowing duplex generating $1,500/month ($750 per unit) with leases in place through the end of the year. Both tenants are current and have a consistent payment history. Property was fully renovated in 2023, including a new roof, AC, furnace, water heater, plumbing, electrical updates, and cosmetic improvements. Professionally managed—tenant ledger and maintenance

    Jeremy Veldman KAIZEN Realty, LLC

    2428 Vollintine Ave, Memphis, TN 38108
  • /16

    $189,900

    • 4 Beds
    • 2 Baths
    • 1,753 Sq Ft

    166 Roberta Dr, Memphis, TN 38112

    Brick exterior; New roof Floorplans are a mirror image on each side of the duplex. Currently rented on both sides for well under market value at @$880/mo Convenient to all midtown fun, schools, and amenities. DO NOT DISTURB TENANTS. Tours only with proof of funds and accepted offer. Floorplan measurements approximate.

    Stephanie Taylor Sowell, Realtors

    166 Roberta Dr, Memphis, TN 38112
  • /7

    $55,000

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

    2161 Howell Ave, Memphis, TN 38108

    Nice, brick building with 2 x 1/1 units with off-street parking all makes for a great combo to win long-term with this duplex! Both sides are fixed up and rent-ready with one side having new LVP flooring. Once they're occupied, it should be making a combined $1000/month - returns you don't see very often anymore! With $499/month income right now, this one should be profitable from day 1 for you!

    Randall Weatherall Memphis Metro Realty

    2161 Howell Ave, Memphis, TN 38108
  • /4

    $159,900

    • 4 Beds
    • 2 Baths
    • 1,748 Sq Ft

    2641 Tutwiler Ave, Memphis, TN 38112

    Fantastic investment opportunity in the Shelby area. This 4br/2 bath Duplex is in the 38112 area. Unit 2641 occupied for $840/month. The lease ends on 7/31/2026. Unit 2643 is occupied for $839/month. The lease ends on 2/28/2027. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    2641 Tutwiler Ave, Memphis, TN 38112
  • /7

    $249,900

    • 4 Beds
    • 2 Baths
    • 1,952 Sq Ft

    44 N Holmes St, Memphis, TN 38111

    Turnkey Duplex in White Station School District – Strong Income + Recent Updates. Welcome to 44/46 North Holmes Street, a well-maintained duplex located in the highly desirable White Station school district (Buyer to verify school zones independently), a sought-after area. Each unit features 2 bedrooms and 1 bathroom, with bright, functional living spaces and durable hard-surface flooring

    James Wachob Foundation Property Management

    44 N Holmes St, Memphis, TN 38111
  • /8

    $170,000

    • 2 Beds
    • 2 Baths
    • 1,075 Sq Ft

    490 Belt Line St, Memphis, TN 38111

    Projected rents approx $925 per unit ($1,850 total) meeting the 1% rule. Fully renovated duplex in the Beltline area near the University of Memphis and Christian Brothers University. Updates include new roof, windows, water heaters, central HVAC, updated kitchens and baths. Both units vacant and ready for lease-up. Covered parking for both units. Ideal for investors or owner-occupants.

    Derek Shaw Progressive Realty Services

    490 Belt Line St, Memphis, TN 38111
  • /19

    $189,900

    • 4 Beds
    • 2 Baths
    • 1,620 Sq Ft

    375 Pope St, Memphis, TN 38112

    Investors!! Immaculate and beautifully renovated income producing duplex with 2 bed and 1 bath on each side. One side is rented for $1075/month and the other is $1050/month with 1 year leases. The property is located in the newly renovated Sam Cooper/Tillman/Broad area and comes with stainless steel stove and microwave and washer and dryer. This property produces over $2000/month and is priced

    Lloyd Patterson C21 Patterson & Assoc. Real Es

    375 Pope St, Memphis, TN 38112
  • /17

    $49,900

    • 2 Beds
    • 2 Baths
    • 1,224 Sq Ft

    1081 Talley Place, Memphis, TN 38106

    Investor special in the heart of 38106! Duplex at 1079 & 1081 Talley Place offering two 1BR/1BA units, each featuring a separate entrance, great room, kitchen and private bedroom layout. Property includes wrought iron security doors, chain fenced backyard and individual front entries. Ideal opportunity for buy-and-hold investors, rental portfolio expansion, or value-add renovation project. Strong

    Melissa Blume Thompson eXp Realty

    1081 Talley Place, Memphis, TN 38106
  • /10

    $299,000

    • 6 Beds
    • 4 Baths
    • 2,385 Sq Ft

    1725 Ontario Ave, Memphis, TN 38127

    BRAND NEW DUPLEX! To be completed April 15, 2026. Interiors are modern and stylish featuring 3 Bedrooms, 2 full baths. Granite counter tops, large master BR, walk in closets, large master bath, glass shower, separate tub, LVT flooring, maintenance free exterior. PERFECT Cash Flow Investment. No wholesalers- No owner finance offers.

    Brett Bernard The Stamps Real Estate Company

    1725 Ontario Ave, Memphis, TN 38127
  • /40

    $299,999

    • 4 Beds
    • 2 Baths
    • 2,291 Sq Ft

    2528 Union Ave, Memphis, TN 38112

    Duplex opportunity in a prime Midtown location offering strong investment potential and excellent condition. Well-maintained property featuring two residential units with functional layouts and strong rental appeal. Recent improvements include a new roof, newer HVAC systems (approx. 1 year old), updated electrical panels, and exterior paint (approx. 1 year old). Both units feature updated light

    Erica Martin Real Estate Agency

    2528 Union Ave, Memphis, TN 38112
  • /16

    $239,999

    • 4 Beds
    • 2 Baths
    • 1,842 Sq Ft

    1072 N Evergreen St, Memphis, TN 38107

    Unique opportunity to own a duplex in the Volintine Evergreen Historic District—live in one unit while generating income from the other. Each unit offers 2 bedrooms and 1 bath with a functional layout. Ideal for owner-occupants or buyers interested in house hacking. Both units are currently tenant-occupied. Recent improvements include HVAC ductwork, sewer line replacement, foundation

    Erica Martin Real Estate Agency

    1072 N Evergreen St, Memphis, TN 38107
  • /35

    $179,900

    • 4 Beds
    • 2 Baths
    • 1,895 Sq Ft

    756 Garland St, Memphis, TN 38107

    WANT TO MAKE MONEY OWNING AN AIRBNB? HERES YOUR CHANCE! Just mins away from Rhodes College and Crosstown Concourse! Charming and full of character, this well-maintained duplex currently operating as a successful Airbnb blends classic details with comfortable, flexible living spaces. Each unit offers bright interiors, updated flooring, neutral tones, and plenty of natural light. Cozy yet

    James Wachob Foundation Property Management

    756 Garland St, Memphis, TN 38107
  • /11

    $139,900

    • 4 Beds
    • 2 Baths
    • 1,357 Sq Ft

    1507 Oakwood St, Memphis, TN 38108

    1507/1509 Oakwood - Turnkey Duplex Investment Opportunity Well-maintained and recently updated duplex offering immediate income potential. One side is currently rented at $775/month, and the other side is vacant with a prospective tenant expected to move in within the next couple of weeks at approximately $800/month. This property has been fixed up and is positioned for strong cash flow with

    Jonathan Nunez Fast Track Realty, LLC

    1507 Oakwood St, Memphis, TN 38108
  • /9

    $185,000

    • 4 Beds
    • 4 Baths
    • 2,709 Sq Ft

    996 University St, Memphis, TN 38107

    Great Occupied investment Opportunity! Duplex! This property is currently occupied by a tenant in one unit who is paying $895 per month and is on a lease from 4/15/2026 until 4/14/2028. The other unit is occupied by a tenant who has been in the home since 2020 and is on a lease until 4/30/26 - They are paying $885 per month and have been sent a renewal but it is not signed yet. There is

    Alex Evans Reedy & Company, REALTORS

    996 University St, Memphis, TN 38107
  • /2

    $60,000

    • 2 Beds
    • 2 Baths
    • 1,050 Sq Ft

    1234 Smith Ave, Memphis, TN 38107

    Versatile duplex offering one bed/one bath per side, each with $500–$600 rent potential. Stay as a duplex or combine into one home. Perfect for savvy investors or DIY buyers! Ideal for investors seeking rental income or buyers looking to customize. Sold “as is”; All showings require 24–48-hour notice; do not disturb current tenants

    Camilla Moss KAIZEN Realty, LLC

    1234 Smith Ave, Memphis, TN 38107
  • /12

    $460,000

    • 4 Beds
    • 4 Baths
    • 2,738 Sq Ft

    339 Marianna St, Memphis, TN 38111

    Fabulous, well maintained 2 Unit Duplex with 2 BR/1.5 BA on each side. Prime location near Chickasaw Garden Park & between both colleges CBU & UofM Perfect for Owner/Occupied, Mother-in-Law or Investor. Marianna is not a 'Thru Street' therefore enjoys a Neighorhood Watch. Parking is in Rear. Room sizes are estimates. New Roof, New Fence, New Hot water heater. Currently 100% leased. Owner requests

    Bobbie Wright Weichert, REALTORS-BenchMark

    339 Marianna St, Memphis, TN 38111
  • /28

    $199,000

    • 4 Beds
    • 2 Baths
    • 1,579 Sq Ft

    1457 S Cooper St, Memphis, TN 38114

    Turnkey duplex investment opportunity with both units currently leased, producing $1,440/month in gross rental income. This cash-flowing property offers immediate income from day one with established tenants already in place, minimizing vacancy risk and providing a smooth transition for the next owner. Ideally positioned in Midtown Memphis, just minutes from the vibrant districts of Cooper-Young

    Eric Earles Fast Track Realty, LLC

    1457 S Cooper St, Memphis, TN 38114
  • /6

    $175,000

    • 4 Beds
    • 2 Baths
    • 1,536 Sq Ft

    3654 Kearney Ave, Memphis, TN 38111

    Awesome East Memphis Duplex for sale! One side rented ($850/mo.), the other will be vacant effective Feb 2026. Very close to the University of Memphis. Great long-term investment property. Or you could live in one side and collect rent in the other (house hack). FHA, VA, Conventional offers welcome. This is a great location with a large yard. ONLINE VIDEO AVALAIABLE UPON REQUEST. Property is

    Tyler Tapley Crye-Leike, Inc., REALTORS

    3654 Kearney Ave, Memphis, TN 38111
  • /7

    $140,000

    • 2 Beds
    • 2 Baths
    • 1,108 Sq Ft

    3755 Fairmont Ave, Memphis, TN 38122

    Turnkey duplex investment opportunity at 3755 Fairmont in Memphis! This income-producing property features two units, one unit is currently rented at $650/month, delivering immediate cash flow from day one. Ideal for investors seeking steady returns, the property offers strong rental demand in a consistently performing market. Each unit provides comfortable living space, making it attractive to

    Stephen Akindona Kairos Realty

    3755 Fairmont Ave, Memphis, TN 38122
  • /2

    $105,000

    • 2 Beds
    • 2 Baths
    • 960 Sq Ft

    1463 Effie Rd, Memphis, TN 38106

    DO NOT DISTURB THE TENANTS!!! Looking to add to your portfolio. This duplex brings in $1200 a month ($600 each side) This 1-bedroom and 1-bath duplex has tenants on both sides. These units were freshly painted about a year ago.

    Sherita McCray Assured Real Estate Services

    1463 Effie Rd, Memphis, TN 38106
  • /28

    $259,900

    • 4 Beds
    • 2 Baths

    1868 Vollintine Ave, Memphis, TN 38107

    Turn-key duplex investment opportunity just minutes from Rhodes College, Memphis Zoo, and the heart of Midtown. Ideal for investors seeking strong rental income or owner-occupants looking to offset their mortgage. Each unit previously rented for $1,400 per month, offering excellent income potential. Both sides are currently vacant, giving you the flexibility to set new rents, place tenants, or

    Caleb Parr Renshaw Company, REALTORS

    1868 Vollintine Ave, Memphis, TN 38107
  • /3

    $145,000

    • 5 Beds
    • 2 Baths
    • 1,946 Sq Ft

    3422 Tutwiler Ave, Memphis, TN 38122

    Turnkey duplex offering strong income potential. One unit features 2 bedrooms and 1 bath, while the other offers 3 bedrooms and 1 bath, providing flexible rental options. Both units were updated in 2025 prior to current tenants moving in, including fresh interior and exterior paint, updated countertops, new flooring, and other modern touches. Property is currently tenant occupied and cash

    Michael Valenza eXp Realty, LLC

    3422 Tutwiler Ave, Memphis, TN 38122
  • /2

    $225,000

    • 4 Beds
    • 3 Baths
    • 2,854 Sq Ft

    1577 North Pkwy, Memphis, TN 38112

    Fully leased duplex offering immediate cash flow in a prime Midtown Memphis location. This well-maintained property features two income-producing units with strong rental history and stable tenants in place. Each unit offers functional layouts with comfortable living spaces, making it an attractive and reliable addition to any portfolio. Located along N Parkway with convenient access to Overton

    Palmer Gardner CrestCore Realty MphsBrokerage

    1577 North Pkwy, Memphis, TN 38112
  • /2

    $223,000

    • 4 Beds
    • 2 Baths
    • 1,694 Sq Ft

    1182 Dorothy Place, Memphis, TN 38104

    Turn-key duplex just minutes from everything Memphis has to offer! Each side mirrors the other, creating balance and ease of ownership. With leases in place until August 2026, you can enjoy peace of mind knowing your investment is already secured immediate cash flow. Only 8 minutes to vibrant Downtown Memphis and 7 minutes to the dynamic Crosstown Concourse, yet tucked away in a settled, quiet

    Tamara Manuel BenchMark REALTORS, LLC

    1182 Dorothy Place, Memphis, TN 38104
  • /40

    $240,000

    • 2 Beds
    • 2 Baths
    • 1,230 Sq Ft

    217 N Hollywood St, Memphis, TN 38112

    Fully remodeled duplex in 38112 with endless possibilities. Both units are fully furnished and decorated, ready for short term or long term rental. Recent upgrades include new electrical service, new kitchens and bathrooms, new roof, new HVAC, new water lines, new water heater, refinished hardwood floors, and fresh exterior paint with new lighting. Located near Midtown, Overton Park, the Memphis

    Cesar Lara Fast Track Realty, LLC

    217 N Hollywood St, Memphis, TN 38112
  • /2

    $159,900

    • 4 Beds
    • 2 Baths
    • 1,742 Sq Ft

    2629 Tutwiler Ave, Memphis, TN 38112

    Fantastic investment opportunity in the Shelby area. This 4br/2 bath Duplex is in the 38112 area. Unit 2629 occupied for $848/month. Unit 2631 is occupied for $839/month. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    2629 Tutwiler Ave, Memphis, TN 38112
  • /35

    $390,000

    • 5 Beds
    • 3 Baths
    • 2,948 Sq Ft

    31 S Cox St, Memphis, TN 38104

    Great Midtown duplex opportunity just one block from Overton Square! The downstairs unit features 3 bedrooms and 2 baths, while the upstairs unit offers 2 bedrooms and 1 bath with a sunroom. This is perfect for rental income or multi-generational living. There is a fenced backyard with a covered deck, and the front porch is a nice size with a swing to meet your neighbors. A large two-car garage

    Tammy Bunnell Crye-Leike, Inc., REALTORS

    31 S Cox St, Memphis, TN 38104

Showing Results 1 - 40, Page 1 of 3

Home Trends in Memphis, TN

Housing Trends

Median Sale Price
$205,000
Median Single Family Sale Price
$199,500
Median Townhouse Sale Price
$420,000
Median 2 Bedroom Sale Price
$150,000
Median 1 Bedroom Sale Price
$140,000
Average Price Per Sq Ft
$133
Number of Homes for Sale
2,485
Last 12 months Home Sales
6,641
Months of Supply
4.50
Median List Price
$210,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
8%
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