Multi Family homes for sale & real estate in Shelby County, TN

Multi Family Home for sale in Shelby County, TN:

Great turnkey investment for savvy investor. Already leased and ready for new owner. Main house has 3 br 3.5 baths, all with en-suite baths. Great for roommates as there is one large suite upstairs and 2 suites on the main level. Huge rooms in the main house. Always easy to lease with the flexible floorplan. Main house leases for $2700 per month which includes utilities. Owner converted the basement into a 1 bedroom apartment with a full kitchen and laundry room. It has a sep. entrance. Currently leased for $1200 per month which includes utilities. Access to basement from main house. Floorplan attached. Avg utilities were $312.00 for 2024. Tenants are responsible for paying anything over $

Multi Family Home for sale in Shelby County, TN:

Great Investment Opportunity! This duplex currently has one side occupied and one side that is ready for an investor to rent out. Unit 2661 is occupied by a tenant who is on a lease until 12/31/2025 and they are paying $750 per month. This property was newly renovated in 2021, and a new furnace, central A/C, and hot water heater were installed at that time. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

Multi Family Home for sale in Shelby County, TN:

Imperial Arms majority owner selling 28 units as a package deal. Taxes & sq ftg represent Unit #1 in the 3636 Bldg. 3636 Bldg includes 15 units, 3640 Bldg includes 4 units & 3646 Bldg includes 9 units. Total of 28 units = (2) 3 BR, (25) 2 BR & (1) 1 BR units. HOA fees offset all owner's insurance & grounds maintenance expenses. This listing is under one property address. Roof 5 years old. The property is located walking distance to U of M campus & The Blue Line Shuttle stops at the condo bldg. This property is located in the U of M Master growth plan area. Photos w/ furnishings are digitally staged & representative of a typical unit. Do Not Disturb Tenant

Multi Family Home for sale in Shelby County, TN:

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. Please do not disturb residents.