11

Midtown Memphis Multifamily Homes & Duplexes for Sale

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  • /36

    $550,000

    • Studio
    • 3,528 Sq Ft

    196 N Mcneil St, Memphis, TN 38112

    This beautiful home with historical charm is Perfectly situated in (Historic Evergreen Community) just minutes from the downtown area and the nearby medical district. Two floors with Separate entrances. You can occupy one floor as your residence and rent the other floor for income. 1st flr currently rented for $2500.00 M2M. Renovated in 2020 and New Roof 2023 and Zoned commercial can be

    Dorothy Cole Grand Point Realty, LLC

    196 N Mcneil St, Memphis, TN 38112
  • /32

    $219,000

    • 3 Beds
    • 2 Baths
    • 3,031 Sq Ft

    1792 Forest Ave Unit 1, 2 & 3, Memphis, TN 38112

    Great location & an old stately home rich in history, back in the day. Pretty details still in tact but needs a significant amount of work! Duplex with a Backhouse needs FULL REHAB. If you have vision & resources...this one could be your project. Could make a great rental, near the college. Upstairs currently has 1 bedroom Downstairs has 2 bedrooms, Backhouse has 2 bedrooms Cash buyers

    Michelle Koeppen Ware Jones, REALTORS

    1792 Forest Ave Unit 1, 2 & 3, Memphis, TN 38112
  • /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
  • /20

    $400,000

    • 6 Beds
    • 3,421 Sq Ft

    95 N Willett St, Memphis, TN 38104

    Just minutes from the energy of Overton Square and the eclectic charm of Cooper-Young, this 5-unit multifamily property offers unmatched access to Memphis’ best dining, nightlife, and cultural experiences. Commuting to the Medical District is quick and convenient. Please call listing agent for info and showings, do not disturb tenants.

    Worth Woodyard Woodyard Realty Corp

    95 N Willett St, Memphis, TN 38104
  • /27

    $499,900

    • 4 Beds
    • 3 Baths
    • 2,901 Sq Ft

    75 N Auburndale St, Memphis, TN 38104

    This fully occupied duplex-style property features two separate rental units with strong rental history and reliable cash flow ($3,900/mo!). The main unit is a spacious 2-story, 4 bed / 3 bath home currently leased at $2,600/month. The detached carriage house offers a 1 bed / 1 bath layout with separate living and dining areas, plus a dedicated laundry room, currently leased at $1,300/month.

    Adam Thornton Marathon REALTORS, LLC

    75 N Auburndale St, Memphis, TN 38104
  • /15

    $759,000

    • 4 Beds
    • 4,306 Sq Ft

    196 N Auburndale St, Memphis, TN 38112

    This classic fourplex is located in the heart of Midtown! The units are lare 1 bedroom and 1 bath. The total scheduled monthly income is . Drive by only. Please do not disturb tenants.

    Jeffrey Moore Crye-Leike Commercial

    196 N Auburndale St, Memphis, TN 38112
  • /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
  • /2

    $800,000

    • 16 Beds
    • 9,350 Sq Ft

    191 N Avalon St, Memphis, TN 38112

    This charming building sits on 0.43 acres of land and is perfect for investors looking to expand their portfolio in Memphis. The property features four 2 br/1 ba and four 2 br/2 ba units. Each unit boasts modern amenities and spacious layouts, ensuring comfort and convenience for tenants. Conveniently located near shops, restaurants, and entertainment options, this property offers residents

    Steve Woodyard Woodyard Realty Corp

    191 N Avalon St, Memphis, TN 38112
  • /26

    $225,000

    • 1 Bed
    • 1 Bath

    98 N Mclean Blvd, Memphis, TN 38104

    Turn-key duplex in the heart of Midtown, just blocks from Overton Park, Overton Square, and Minglewood Hall. Both 1BR/1BA units have been updated and feature all appliances, central heat and air, and off-street parking—a rare find in this area. The 2022 roof adds peace of mind, and modern updates make this a low-maintenance investment or an ideal owner-occupant opportunity. With a prime location

    Tracy Kirkley Crye-Leike, Inc., REALTORS

    98 N Mclean Blvd, Memphis, TN 38104
  • /25

    $735,000

    • 8 Beds
    • 4,394 Sq Ft

    155 N Tucker St, Memphis, TN 38104

    Awesome rare recently renovated 4 unit building in Midtown! Literally across the street from Overton Park. This is a highly desirable area that has been performing as an airbnb and comes with 4 fully furnished units ready to be taken over by the new owner. Airbnb management is in place and can be seamlessly transitioned. New owner can also sell furniture and rent as a traditional LTR rental or

    Stephen Akindona Kairos Realty

    155 N Tucker St, Memphis, TN 38104
  • /16

    $259,900

    • 2 Beds
    • 2 Baths
    • 2,227 Sq Ft

    68 N Willett St, Memphis, TN 38104

    Large duplex in Midtown that is for sale! Would be wonderful for an owner occupant home buyer wanting to live in one side and rent the other unit out, or for an investor wanting to rent both units. Top unit is currently rented to a tenant paying $1040 per month, bottom unit is available to live in or rent it out! Could be an excellent primary residence, investment property, or Airbnb! ONLINE

    Tyler Tapley Crye-Leike, Inc., REALTORS

    68 N Willett St, Memphis, TN 38104

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
$299,000
Median Townhouse Sale Price
$425,000
Median 2 Bedroom Sale Price
$162,000
Median 1 Bedroom Sale Price
$140,000
Average Price Per Sq Ft
$161
Number of Homes for Sale
75
Last 12 months Home Sales
74
Months of Supply
12.20
Median List Price
$350,000
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
3%
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