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North Memphis Multifamily Homes & Duplexes for Sale

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  • /4

    $95,000

    • 2 Beds
    • 2 Baths
    • 1,080 Sq Ft

    853 N Dunlap St, Memphis, TN 38107

    Excellent investment opportunity! This fully occupied duplex features two 1BR/1BA units, each with long-term tenants and steady rental income. Recent improvements include a new roof, offering peace of mind for years to come. Conveniently located just minutes from Downtown Memphis and with easy access to major expressways and amenities, this property is positioned for continued growth and value.

    Rasheedah Jones Dreamteam Realty Co

    853 N Dunlap St, Memphis, TN 38107
  • /7

    $164,900

    • 4 Beds
    • 2 Baths
    • 1,660 Sq Ft

    754 Breedlove St, Memphis, TN 38107

    Income-producing duplex. Both units are 2BR/1BA. Do not disturb tenants. No showings without an accepted offer. The lease for unit 1 ends 3/31/2026,and tenant pays $850/mo. The lease for unit 2 ends 11/30/25, and tenant pays $795/month.

    Adam Grisham Bluff City Realty Group, LLC

    754 Breedlove St, Memphis, TN 38107
  • /16

    $355,000

    • 7 Beds
    • 3,654 Sq Ft

    1281 Lion St, Memphis, TN 38107

    Renovated 5-Unit Apartment Building! Fully updated property offering a mix of well-designed units with modern finishes. Recent renovations include updated flooring, kitchens, and bathrooms, creating a move-in ready experience for tenants and minimal upkeep for the new owner. Strong rental potential with separate utilities and low maintenance exterior. Ideal addition to an investment portfolio or

    Jessica Niter Keller Williams

    1281 Lion St, Memphis, TN 38107
  • /20

    $162,500

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

    778 N Montgomery St, Memphis, TN 38107

    Price drop with motivated seller. This newly renovated gem is 7 minutes from downtown and 7 minutes from midtown. It comes completed renovated with new roof, HVAC and water heater. Property has passed all code enforcement inpsections and will qualify for FHA, VA, conventional loans, etc. Near the Northside High project meant to generate value to the area. Home next door refinanced for $195k.

    Jerry Duckett eXp Realty, LLC

    778 N Montgomery St, Memphis, TN 38107
  • /9

    $155,000

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

    750 Alaska St, Memphis, TN 38107

    **INVESTOR SPECIAL** The home features contemporary finishes, including laminate wood flooring. The kitchen comes equipped with a dishwasher and refrigerator. Parking is available with a detached setup and off-street options. Conveniently located within walking distance of Crosstown Concourse, and is just minutes away from Overton Park and downtown Memphis.

    Erika Davis Epique Realty

    750 Alaska St, Memphis, TN 38107
  • /21

    $179,900

    • 2 Beds
    • 1 Bath

    909 Lewis St Unit 911, Memphis, TN 38107

    Investors Only. Tenant occupied duplex for sale! 100% occupied fully rented duplex. Don't disturb tenants! Rehabbed Home. Rent is $1850/mo. Could be a great addition to your rental portfolio if you are an investor. Seller selling multiple properties in addition to this property and some of the homes have Section 8 tenants (Government Subsidized) with guaranteed rents in place (please ask and

    Tyler Tapley Crye-Leike, Inc., REALTORS

    909 Lewis St Unit 911, Memphis, TN 38107
  • /2

    $94,900

    • 2 Beds
    • 2 Baths
    • 1,062 Sq Ft

    829 N Dunlap St, Casper, TN 82609

    Fantastic investment opportunity in the Shelby area. This 2br/2 bath Duplex is in the 38107 area. Cash flowing with a monthly rental amount of $700 and $595/month. The lease ends on 09/13/2025 and 11/30/2025. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    829 N Dunlap St, Casper, TN 82609
  • /2

    $589,000

    • 28 Beds

    860 N 7th St, Memphis, TN 38107

    This 14-unit apartment complex features 2-bedroom, 1-bathroom units, with 6 rented on a month-to-month basis and the rest vacant. While the property requires some work, an engineering report is available to outline necessary repairs and improvements, and interior/exterior photos can be provided for review. This presents a great opportunity for an investor to add value through renovations and

    Elizabeth Gavarrete Fast Track Realty, LLC

    860 N 7th St, Memphis, TN 38107
  • /2

    $75,000

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

    784 Looney Ave, Memphis, TN 38107

    Property tenant occupied. Great investment opportunity in the Uptown Memphis area. Sold as is. Part of a package of homes can be sold individually or together: 948 Pearce, 506 Sixth, 671 McDavitt, 676 Looney, 680 Looney, 688 Looney, 692 Looney, 784 Looney, 876 N Third, 2227 Clayton, and 226 Chelsea ave. No wholesaler or assignment of contract offers will be accepted.

    Virgil Pryor Harris Realty Services

    784 Looney Ave, Memphis, TN 38107
  • /22

    $295,000

    • 11 Beds
    • 3,780 Sq Ft

    249 Caldwell Ave, Memphis, TN 38107

    Cynthia Murrell The Regal Group

    249 Caldwell Ave, Memphis, TN 38107

Why Live in North Memphis

North Memphis is a neighborhood undergoing significant revitalization, with efforts led by organizations like the Klondike Smokey City Community Development Corporation and the Community Redevelopment Agency. The area features a mix of older homes, including single-family bungalows and Craftsman-style houses dating from the early 1900s to the early 2000s. While more than 60% of residents rent their homes, there are opportunities for homeownership and investment properties, particularly due to its proximity to downtown and the Concourse. Education is provided by Memphis-Shelby County schools, with The Collegiate School of Memphis being a highly rated private option. North Memphis offers several parks and recreation centers, such as Lucille Price Park, New Chicago Park, and Booker T. Washington Park, along with indoor courts at Davis Wells Community Center. Dining options include Cozy Corner Restaurant, Grind City Brewing Company, and Soul & Spirit Brewery, with additional eateries and entertainment at Crosstown Concourse just 2 miles away. The Slave Haven Underground Railroad Museum, though currently closed due to fire damage, is a significant historical site with ongoing restoration efforts. Public transit is accessible via three bus lines, and the neighborhood is well-connected by sidewalks and ramps to Interstates 40 and 69, making Memphis International Airport reachable in about 13 miles.

Home Trends in North Memphis, TN

Housing Trends

Median Sale Price
$78,000
Median Single Family Sale Price
$80,000
Median 2 Bedroom Sale Price
$82,000
Average Price Per Sq Ft
$78
Number of Homes for Sale
37
Last 12 months Home Sales
68
Months of Supply
6.50
Median List Price
$105,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
28%
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