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North Memphis Multifamily Homes & Duplexes for Sale

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  • /20

    $170,000

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

    778 N Montgomery St, Memphis, TN 38107

    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. Please note that there maybe an extended contract period for FHA Loans. Near the Northside High project meant to generate value to the area. Home next door refinanced for $195k. Priced to sell.

    Jerry Duckett eXp Realty, LLC

    778 N Montgomery St, Memphis, TN 38107
  • /12

    $34,500

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

    977 Lee Ave, Memphis, TN 38107

    Discover the potential of this 2 bedroom 1 bath home located in a transforming community. This full rehab project is perfect for investors or visionaries looking to bring new life to a classic home. This is a chance to get in early and create something special. Dont miss out- schedule a viewing today !!!

    Cassandra Bell-Warren 4 Success Realty, LLC

    977 Lee Ave, Memphis, TN 38107
  • /9

    $161,000

    • 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
  • /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
  • /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

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
$499,999
Median Single Family Sale Price
$495,000
Median 2 Bedroom Sale Price
$360,000
Average Price Per Sq Ft
$351
Number of Homes for Sale
3
Last 12 months Home Sales
3
Months of Supply
12.00
Median List Price
$460,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%
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