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Midtown Memphis Multifamily Homes & Duplexes for Sale

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  • /20

    $549,000

    • 8 Beds
    • 4,355 Sq Ft

    162 Clark Place Unit 4, Memphis, TN 38104

    This 4 unit mid town building has that classic midtown charm. There are 4 large 2 bedroom units with hardwood floors, central heating and air, updated kitchens and baths and washers and dryers. The current rents are under market. The market rents are 1200 per month minimum per unit. Currently , the rents are 825 and 700. 2 recently renovated units are currently vacant and available for showing.

    Jeffrey Moore Crye-Leike Commercial

    162 Clark Place Unit 4, Memphis, TN 38104
  • /21

    $269,000

    • 3 Beds
    • 2 Baths
    • 2,200+ Sq Ft

    1519 N Parkway, Memphis, TN 38112

    Sanctuary in the heart of city. This 3br/2ba home plus bonus boasts tons of natural light with large windows. You will love this gorgeous oversized kitchen and island with granite countertops and farm sink. Hardwood floors throughout. Beautiful renovated bathrooms. There is plenty of space in this home with a finished basement and storage room in the back. Gated parking!

    Crystal Mitchell Renshaw Company, REALTORS

    1519 N Parkway, Memphis, TN 38112

Why Live in Midtown Memphis

Midtown Memphis is known for its eclectic character, combining historical residential streets with a vibrant entertainment district centered around Overton Square. This area features a variety of dining options, including the renowned Bar-B-Q Shop and Lafayette’s Music Room, where live music is a nightly occurrence. Overton Square also hosts numerous boutiques and theaters, such as Playhouse On The Square and Hattiloo Theatre, making it a cultural hub with plenty of things to do. The neighborhood's homes, many over a century old, range from grand Greek Revival estates to modest bungalows, often within historic districts that may require regulatory approval for exterior renovations. Overton Park, a 340-acre green space, offers a golf course, hiking trails, and the Memphis Zoo, alongside the Memphis Brooks Museum of Art. Annual events like the Crawfish Festival and Memphis Flyer Margarita Festival add to the community spirit. Convenient transportation options include Interstate 40 and Interstate 69, as well as the Main Street Trolley, which connects residents to downtown Memphis. Memphis International Airport is 8 miles away, though residents may experience some overhead noise from planes.

Home Trends in Midtown Memphis, TN

Housing Trends

Median Sale Price
$320,000
Median Single Family Sale Price
$312,450
Median Townhouse Sale Price
$423,000
Median 2 Bedroom Sale Price
$199,900
Median 1 Bedroom Sale Price
$153,000
Average Price Per Sq Ft
$165
Number of Homes for Sale
71
Last 12 months Home Sales
79
Months of Supply
10.80
Median List Price
$350,000
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
4%
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