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Triplex for Sale in Memphis, TN

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  • /9

    $149,000

    • 4 Beds
    • 1,512 Sq Ft

    279 W Person Ave, Memphis, TN 38109

    Triplex + Two Extra Lots! Excellent income-producing property located in the heart of Memphis. This opportunity includes the main triplex plus two adjacent lots, offering additional value and long-term potential for development or expansion. Two units are currently rented for a combined $1,490 per month, and the third unit is being marketed for $695, bringing total potential gross rents to $2,185

    Agent Photo

    Walter Jones

    BEST Real Estate Company

    (901) 883-6567

    279 W Person Ave, Memphis, TN 38109
  • /2

    $13,500

    • Land
    • 0.12 Acre
    • $112,500 per Acre

    1538 Standridge St, Memphis, TN 38108

    Lot dimensions are 40x135, 0.124 acres, can accommodate up to a triplex. Professionally demolished, leveled, and ready for your ideas! Cash offers only, no contract assignments, and quick close preferred. Please do all due diligence before presenting an offer.

    Tyler Bowman Weichert, REALTORS-BenchMark

    1538 Standridge St, Memphis, TN 38108
  • /37

    $460,750

    • 4 Beds
    • 1,211 Sq Ft

    2006 Felix Ave, Memphis, TN 38104

    Excellent investment opportunity! This triplex offers three separate living units, each with its own charm and income potential. The main level features a 2-bedroom, 1-bath unit with a comfortable layout and easy access to the shared outdoor areas. Upstairs, you’ll find a 1-bedroom, 1-bath unit with a private side entrance—ideal for added privacy or tenant convenience. In addition, there’s a

    Jeff Goff Keller Williams

    2006 Felix Ave, Memphis, TN 38104
  • /19

    $249,999

    • 7 Beds
    • 3 Baths
    • 2,800+ Sq Ft

    1920 Oliver Ave, Memphis, TN 38104

    Endless Potential just blocks from Cooper-Young. This spacious 2,800 sq ft home offers numerous opportunities for investors and homeowners alike. Whether you're looking to keep it’s triplex living, rent by the room, explore renovations and the short-term rental market, or even redesign it as a custom single-family residence, the layout and location make it an ideal canvas for your vision. The

    Nick Bowen Keller Williams

    1920 Oliver Ave, Memphis, TN 38104
  • /2

    $180,000

    • 3 Beds
    • 2,225 Sq Ft

    2369 Lamar Ave, Memphis, TN 38114

    Discover a proven cash-flowing triplex at 2369 Lamar Ave, featuring three 1-bed, 1-bath units with past rents of $500, $550, and $600. This property has been one of the seller’s consistent cash cows, delivering steady returns in a high-demand rental corridor. With strong rental history, simple upkeep, and solid tenant appeal, this is the perfect addition to any buy-and-hold portfolio. Serious

    Jessica Wright Key Connect Group, LLC

    2369 Lamar Ave, Memphis, TN 38114
  • /25

    $499,000

    • 5 Beds
    • 2,884 Sq Ft

    1954 Manila Ave, Memphis, TN 38114

    Looking for your chance to own a fantastic investment property in Memphis? Wonderful renovated triplex has been a successful Air BnB and short term rental! You could also turn into long term rentals and/or owner occupant/house hacking! Two units have 2BD/1BA with full kitchen, living room and dining area. One unit is 1BD/1BA with full kitchen, living room and dining area. Furnishings are

    Anna Acosta Snyder Centric Realty LLC

    1954 Manila Ave, Memphis, TN 38114

Home Trends in Memphis, TN

Housing Trends

Median Sale Price
$202,900
Median Single Family Sale Price
$200,000
Median Townhouse Sale Price
$399,499
Median 2 Bedroom Sale Price
$154,950
Median 1 Bedroom Sale Price
$144,900
Average Price Per Sq Ft
$133
Number of Homes for Sale
2,083
Last 12 months Home Sales
6,151
Months of Supply
4.10
Median List Price
$210,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
7%
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