Multi Family homes for sale & real estate in 38122, TN

Multi Family Home for sale in 38122, TN:

Contact 9018319661 for showings. Turnkey duplex, fully occupied and producing $1,775/month in gross rent ($21,300 annually). Both units are leased, so the income starts day one. Major capital items are already handled: roof replaced approximately 2 years ago and water heater approximately 2 years old. Ideal for an investor adding to a rental portfolio or a first-time buyer looking for existing cash flow. Sold subject to existing leases. One of six investment properties available from the same seller: 3133/35 Nathan Ave (38112), 3239 Nathan Ave (38112), 1624 Mary Dr (38111), 2933 N Radford (38114), 4498 Suncrest (38127), 821 Carol Ann (38127). Buy individually or as a package.

Multi Family Home for sale in 38122, TN:

Fully renovated duplex near the University of Memphis! Each unit features 2 bedrooms and 1 bathroom with extensive updates throughout, including a new roof, new windows, luxury vinyl plank flooring, fresh paint, updated light fixtures and ceiling fans, new kitchen cabinets, granite countertops, and renovated bathrooms with new vanities and modern finishes. Whether you're looking to add a turnkey investment to your portfolio or house hack by living in one unit and renting the other, this property offers an excellent opportunity in a convenient Memphis location close to shopping, dining, and campus amenities.

Multi Family Home for sale in 38122, TN:

Ready for a renovated cash-flowing apartment complex for your portfolio? This 3-buildings complex contains 22 Total Units, 20-Two Bedroom Units and 2-One Bedroom Units. Recent renovations help make this a easy lift even lenders will love! New Floors, New Paint, Updated Plumbing which includes new Sewer Line, new appliances, window units & more! Great location just 14 minutes to downtown Memphis. 20 Minutes to Memphis Airport and near high performing schools, shopping and Expressway. Call me direct for more information.

Multi Family Home for sale in 38122, TN:

New construction duplex in the heart of Memphis! 3074-3076 Waynoka Ave features two units, each offering 2 bedrooms and 1 bathroom. Both sides showcase durable LVP flooring, granite countertops, and thoughtfully selected bathroom vanities that add a modern touch. Perfect for investors looking to add a low-maintenance asset to their portfolio or for an owner-occupant seeking to house hack. Don’t miss this turnkey opportunity!

Multi Family Home for sale in 38122, TN:

4332 Melinda is a well-maintained 8-unit multifamily property located in the established Berclair area. The property features spacious 2-bedroom, 1.5-bath units equipped with stoves, refrigerators, washers, and dryers. The property is positioned directly across from an elementary school, enhancing neighborhood appeal. Currently 100% occupied, the property offers immediate and stable cash flow with scheduled monthly rental income of $6,630. Please do not disturb residents, drive by only.

Multi Family Home for sale in 38122, TN:

Buyer failed to close! Their loss is your opportunity! Duplex investment available in terrific condition! This property is rented for a combined rent of $1395/mo! Professionally managed this property has a had a ton of updates and repairs over the past few years. No showings without an accepted offer. Do not approach or disturb tenants. No creative or seller finance or wholesale. Seller has multiple duplexes on Bingham that can be bought individually or in bulk.