Multi Family homes for sale & real estate in 38108, TN

Multi Family Home for sale in 38108, TN:

DUPLEX in the University/Midtown area with 1 side currently leased at $1,500 pr mnth. This side-by-side duplex has separate driveways and 2 residential units. Each side offers a practical layout with a living room, dining area, 1 bed on the main level and 2 bedrooms up. Both units have central heat and air. The existing monthly rent provides an immediate income stream, while the second unit offers additional rental upside. For an investor, the property offers the opportunity to increase rental income. For an owner-occupant, live in 1 side and use the income from the other side to offset the monthly cost of ownership. The property is within reach of the UOM, Rhodes College, Crosstown, Midto

Multi Family Home for sale in 38108, TN:

Great Investment Opportunity this spacious corner lot duplex is located in Vollintine Evergreen subdivision being SOLD AS-IS! The units are both 3-BR 2 full bath has central AC/Heat with new windows. The market rents monthly are $1,400 a month once renovated. Please do not disturb tenants on left side of property. The right side is vacant and can be viewed the left side is occupied rented at $975.00 on month to month.

Multi Family Home for sale in 38108, TN:

Fully occupied multifamily investment opportunity just minutes from Downtown Memphis! This fourplex features four 2-bedroom/1-bath units with current scheduled rents totaling $3,275 per month/$39,300 annually. Recent improvements include the addition of washer/dryers for tenant convenience. The property also offers gated parking, with tenants responsible for electric, gas and trash and owner paying water. Conveniently located near shopping, dining and major highways with easy access to Downtown Memphis and the Bass Pro Pyramid. Offered at $399,999, this income-producing property provides an opportunity to add an established, fully occupied multifamily asset to your investment portfolio.

Multi Family Home for sale in 38108, TN:

Great investment opportunity to own an income-producing duplex with immediate cash flow and additional upside potential. One unit is currently rented for $1,000 per month, while the other unit is vacant and fully renovated, offering the opportunity to secure a new tenant at a potentially higher market rent. The flexible setup makes this property ideal for investors looking to add a cash-flowing duplex to their portfolio or for a future owner-occupant looking to live in one unit while generating rental income from the other. Listed at just $144,900, this property offers an attractive combination of existing income, rental upside, and long-term investment potential. PLEASE DO NOT DISTURB TENA

Multi Family Home for sale in 38108, TN:

Fully renovated income-producing duplex offering an excellent opportunity for investors seeking a low-maintenance, cash-flowing asset in a central Memphis location. Just minutes from both downtown and midtown, this all-brick property completed a major renovation in 2023 and is ready to perform from day one. Each side features a comfortable 1 bedroom / 1 bathroom layout with central heat and air. The units are mirror-matched at $915/month each, for a gross potential rent of $1,830/month ($21,960/year). One side is already leased to a tenant in place at $915, while the opposite side is currently being marketed at the same rate — giving a new owner immediate income plus upside as the sec

Multi Family Home for sale in 38108, TN:

Cash flowing duplex near downtown! This property was recently renovated. Each side rented at $795/mo. Professional management already in place! No showings without accepted offer. Do not disturb tenants, drive by only.