South Memphis Multifamily Homes & Duplexes for Sale

Investors only! This brick Duplex is already fully rented, 100% occupied. The addresses are 1580 and 1582 Marjorie. The units are both 2BED, 1BATH each. 1580 is rented for $450 per month and 1582 is rented for $445 per month. Do not approach or disturb tenants. No showings without an accepted offer. Seller is also selling 1623/1625 Galveston ($120k), and 2250 Oldfield ($130k). This could be an

Tyler Tapley Crye-Leike, Inc., REALTORS

Reduced Price - Attention Investors! Don’t miss this incredible opportunity to own a fully updated 9-apartment unit with excellent cash flow potential. This two-bedroom, one-bathroom unit features new vinyl windows, new flooring, new countertops, and fresh paint throughout, making it a turnkey investment. Some tenants have been in place for several years, providing immediate rental income and

Area Mays KAIZEN Realty, LLC

Centrally located near Downtown Memphis, LeMoyne-Owen College, and the Stax Museum, this 5-Unit Garden apartment is sure to impress! New iron stairs on both ends were replaced March 2024. New roof, plumbing, electrical, and mechanical work completed January 2022. Currently 80% occupied. Annual scheduled rents of $38,820, with potential of $42,000 annual rents. Investors only, please call for more

Trey McElroy Sowell, Realtors

6-UNIT APARTMENT BUILDING LOADED WITH POTENTIAL! Owner has put ~$140,000 in renovations into the building over his tenure of ownership including- refurbishing all 6 units and replacing the sewer (March 2025). 2 units rented, 2 units moving out soon, 2 units vacant and need clean out and refresh to make rent ready. Wall heaters need to be repaired or replaced. Building being sold 'as is.'

Jeremy Veldman KAIZEN Realty, LLC

Great opportunity for a new or seasoned investor looking to get into multi-family investing. 8-One BR/1BA & 2-Two BR/1 BA units for a total of 10. Most units have been renovated, 4 from the studs up with mechanical, electric and plumbing. All roofs less than 4 years old. Tenants pay for all utilities, owner pays for water & outside house lights. Great location, 10 minutes to Memphis Airport &

John Cornes Braden, Braden & Braden LLC

Investment opportunity. Professionally managed and tenant occupied DUPLEX. Each unit is 2 bedrooms and 1 bathroom and brick exterior (4 bedrooms 2 full bathrooms total). Addresses are 33 & 35 E. Fernwood. The market rent is probably $900 or more per unit ($1800 or more) and the current rent is $1045. Property is fully rented out and professionally managed (leases, ledgers, repair history in

Tyler Tapley Crye-Leike, Inc., REALTORS

Beautifully updated duplex offering 4 bedrooms and 2 bathrooms across a total of 1,325 sqft. Located just a short 3-minute drive from McKellar Lake, this property combines convenience with charm. Each side has been thoughtfully renovated with brand new vinyl flooring, modern tile work, and fully updated bathrooms. Fresh paint inside and out enhances its curb appeal, while new windows provide

Kevin Gioia Beycome Brokerage Realty LLC

Perfect for House-Hackers or Savvy Investors! This updated four-plex features 4 spacious 2 bed / 1 bath units, making it an ideal opportunity to live in one unit while renting out the others. Previosuly renovated inside and out! Featuring fresh exterior paint, updated flooring, modern fixtures, and more. Can potentially generate $4,720/month with full occupancy on section 8. Each unit is

Jonathan Nunez Fast Track Realty, LLC

Four 1-Bedroom, 1-Bathroom Units are an excellent investment opportunity! Each unit is move-in ready with central heating and air conditioning. Separate gas and water connections for each unit; Individual washer and dryer connections; Dedicated parking pads for all units; New roof, electrical, and plumbing; Newly installed windows for energy efficiency; Low maintenance! ALL of the units are

Tonji Cromwell eXp Realty, LLC

Tenant Occupied! Do not disturb tenants! Offers Contingent Upon Inspections. Grab this Renovated Quadplex! 2bed/1bath with 2 occupied Section 8 tenants and 2 vacant units (CAN BE VIEWED). One unit is rented at $950 and the other one is $1050. This complex was renovated in 2023. Roof, Exterior & Interior painted, Updated Laminate Flooring, Renovated Kitchens & Baths, New Light Fixtures, Each Unit

Monica Bynum Crye-Leike, Inc., REALTORS

BACK ON THE MARKET!!! NO FAULT OF THE SELLER OR THE PROPERTY!! LOOK NO MORE! WHAT A GREAT INVESTMENT TO ADD TO YOUR PORTFOLIO. COMPLETELY RENOVATED DUPLEX! Both sides occupied with a positive monthly income $1,348. 1yr lease in place for both tenants. Both sides were completely renovated in June 2024. New kitchen, flooring, bathrooms, paint, water heaters, HVAC systems. This one won't last! NO

Stephanie Moss BEST Real Estate Company

Investor special with upside potential! This 4-unit multifamily property in South Memphis is 100% occupied and generating approx. $22,800 in annual NOI. Renovated in 2016, offering updated systems and layout improvements. Great location minutes from Downtown, the STAX Museum, and major transit routes. One unit remains vacant, allowing for rental upside or light owner/occupant conversion. Class D

Lyndon Baskin Harris & Harris Realty Group

Great investment opportunity in South Memphis! This 4-unit multifamily is fully occupied and brings in approx. $24,600 in annual net operating income. Renovated in 2016 with updated systems. Located minutes from Downtown, the STAX Museum, and historic Soulsville. Each unit is separately metered, and the property is professionally managed. Steady income in an area experiencing revitalization makes

Lyndon Baskin Harris & Harris Realty Group

4 Plex nestled in the heart of Memphis, Total Renovated, New windows, updated roof, updated kitchen with new appliances Each units has 2 bd 1 full bath great room common area in back and parking in front. interior and exterior have been painted throughout, New Stairs to access Upper Units!

Lachoya Thompson C21 Patterson & Assoc. Real Es