Multi Family homes for sale & real estate in University District, TN

Multi Family Home for sale in University District, TN:

Investor Opportunity! All-brick duplex fully updated in 2020 with a new roof, HVAC, flooring, kitchen, and bathrooms. Each side offers 1 bedroom and 1 bathroom. The left side is currently vacant, while the right side is tenant-occupied under MHA, paying $1,000 per month on a yearly lease that expires in May 2026. The right side is occupied and will not be available for showings until an accepted offer is in place. Videos and photos of the occupied unit are available upon request.

Multi Family Home for sale in University District, TN:

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 detached garage with a 1-bedroom, 1-bath apartment above, offering even more flexibility for rental income or guest accommodations. Each unit is individually designed to maximize livability and function while keeping maintenance simple. Whether you’re expanding your rental portfo

Multi Family Home for sale in University District, TN:

Excellent investment opportunity! Some units need work/rehab. Each unit is metered. Roof is less than three years old. Some units have two year old water heaters. Renovation in 2022/2023. MHA contracts in hand.

Multi Family Home for sale in University District, TN:

Located in a solid rental area, this 4-plex property offers excellent income potential. The property features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, making it a versatile addition to any investment portfolio. One of the 2-bedroom units was previously rented to a Section 8 tenant for $945 per month, demonstrating strong rental demand. With full occupancy, this property has the potential to generate $3,200+ in monthly income. Conveniently situated near Downtown Memphis, Midtown, and major freeway access, this property provides easy access to dining, shopping, and employment centers. Don’t miss this great opportunity to own an income-producing multi-family property!

Multi Family Home for sale in University District, 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.