Multi Family homes for sale & real estate in 38105, TN

Multi Family Home for sale in 38105, TN:

Completely renovated in 2026, this unique 5 unit plus an office space multifamily in the Historic Uptown Area of Downtown Memphis was a church converted to 2 bed and 1 bath units. The revitalized neighborhood is central to many Memphis businesses, entertainment and landmarks. Trendy restaurants and breweries nearby offer family-friendly environments. Updated kitchens, bathrooms, new flooring, HVAC, new windows and roof less than 5 years old provide a great investment opportunity with little maintenance. Total rent currently is $3925 with recent updates provide room to raise rents and further value. Low taxes and owner pay water but electric and gas in tenant's name. Call listing agent today

Multi Family Home for sale in 38105, TN:

Amazing opportunity to buy this wonderful duplex steps away from Crosstown Concourse in Midtown. This duplex is being marketed to savvy investors. Each unit is 2 bedrooms 1 bath. Unit 1 is currently rented at $945 per month and Unit 2 is currently rented for $850 per month. Interior photos are from before tenants moved in, some are virtually staged as well. This is a wonderful long term area and is seeing a lot of growth & activity. Could be a great AirBnb, or long term rental. This property features newer AC units, updated electrical and newer windows on the larger side. FHA/VA/ Conventional offers welcome! No owner financing, no creative financing, no owner financing offers please.

Multi Family Home for sale in 38105, TN:

This 8-unit opportunity is located north of downtown in the Uptown area. St. Jude's huge expansion continues to create an increased demand for housing in the area. All units are 2BR's with stoves, refrigerators, washers and dryers. The scheduled monthly rents are 6,570. Rents are below market due to over 20 years of ownership. This provides an opportunity to increase rents without major capital improvements. The retiring owner is ready to do a deal with a serious buyer. Drive by only, please.

Multi Family Home for sale in 38105, TN:

Price Reduced — Motivated Seller! This 5 unit offers investors an opportunity to acquire a well-positioned property in Memphis’ growing Uptown area. The units are 2BR with central heating and air, plus stove, refrigerator, washer and dryer— The property currently generates $4,255 per month in scheduled rents and is located near the expanding St. Jude campus, positioning the property to benefit from the increased demand for housing in the area. Drive by only please.

Multi Family Home for sale in 38105, TN:

MOTIVATED SELLER !!!!! Investor Alert!! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. With 1 bedroom and 1 bath on each side, this duplex generates $1,150 a month in combined rental income. There are tenants already in place. Please do not disturb tenants. No showings without an accepted offer. Make offer contingent on inspection. NO wholesale, assignment or creative financing offers will be accepted. Financials available upon request.

Multi Family Home for sale in 38105, TN:

Investment property being sold AS IS.