Multi Family homes for sale & real estate in 38127, TN

Multi Family Home for sale in 38127, 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 38127, 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 38127, 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 38127, TN:

Investor Special – DUPLEX – sold “as-is” – This stunning 1920s hewn-stone duplex is a true gem in the heart of Midtown’s desirable Evergreen District. Set just blocks from the lush greenspaces of Overton Park and Williamson Park, this historic property offers timeless charm and outstanding investment potential. Spanning approximately 3,820 square feet, the duplex features 5 bedrooms and 3 bathrooms across its spacious layout. Classic hardwood floors, generous living areas, and the enduring character of 1920s craftsmanship create warm, inviting spaces that tenants love. Zoned commercial yet perfectly suited for residential use, this property has a proven t

Multi Family Home for sale in 38127, 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 38127, 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