Multi Family homes for sale & real estate in 38109, TN

Multi Family Home for sale in 38109, TN:

Appraisal can be provided with an accepted contract. Both roofs replaced 2023 & 2024, all rotted wood removed and painted 2023. Upgraded weather head and breaker box for rear building in 2026. We have renovated 6 unit. Replace fire escape on main building rear exit. Do not disturb tenants.

Multi Family Home for sale in 38109, TN:

Centrally located near Downtown Memphis, LeMoyne-Owen College, and the Stax Museum, this 5-Unit Garden apartment is sure to impress! New iron stairs on both ends were replaced March 2024. New roof, plumbing, electrical, and mechanical work completed January 2022. Currently 80% occupied. Annual scheduled rents of $38,820, with potential of $42,000 annual rents. Investors only, please call for more information!

Multi Family Home for sale in 38109, TN:

Large duplex that is priced to sell! Current owner has made some exterior repairs/upgrades while owning the property (new interior paint, rotted wood repair, and installed a roof). .. but interior will need major repairs. Once rehabbed this could be a tremendous money maker. This home is on a nice street and is begging for your personal touch! Cash offers only. Please do all inspections up front. No wholesalers, no assignments.

Multi Family Home for sale in 38109, TN:

Own 11 rental units on a single parcel, consisting of five duplexes and one detached single family home. This unique investment offers immediate cash flow with exceptional value add potential. The property includes ten 1 bedroom, 1 bath units with separate living rooms, kitchens, and bedroom. The sixth building has been converted into a single family residence, providing added flexibility. With renovations, improved management, and lease up efforts, a savvy investor can increase occupancy, raise rents, boost net operating income, and significantly enhance the property's value. Whether you're looking to expand your portfolio or build long term wealth, this is a rare opportunity to unlock str

Multi Family Home for sale in 38109, TN:

Duplex in the highly desirable Cooper-Young neighborhood! One unit is vacant now, with the other becoming vacant in September. Perfect for investors, owner-occupants, or house hackers. No leases or tenants to inherit, giving the next owner maximum flexibility to occupy, renovate, or re-lease. Hardwood floors and classic Cooper-Young character with strong long-term rental potential. Nearby homes sell for $250–400K+. A rare opportunity to buy into one of Memphis’ most sought-after neighborhoods at an attractive price point. Call listing agent for details and schedule a showing today!

Multi Family Home for sale in 38109, TN:

This duplex was converted in a church. It can be converted back to a duplex. Property need a new roofand additional cosmetic work. Great investment for a rental