Multi Family homes for sale & real estate in 38150, TN

Multi Family Home for sale in 38150, 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 38150, TN:

Investment Opportunity! Fourplex in progress near downtown Memphis, conveniently located near the VA office. This approximately 3,055-square-foot property is designed for four 2-bedroom, 1-bath units, offering potential for multiple rental income streams. Seller reports approximately 80% framing completion, roof structure in place with shingles remaining, and plumbing rough-in and top-out completed and passed. Architectural plans are available for an additional $2,500. Seller also reports approval for a $20,000 DMC grant, subject to buyer verification of availability, eligibility, and terms. Seller estimates a potential finished value near $400,000. Buyer to independently verify square foot

Multi Family Home for sale in 38150, TN:

Your opportunity to own a beautiful historic apartment building in the Annesdale Snowden Historic District in the heart of midtown. This building features 6 units ranging from studios to two bedrooms. Contact an agent today for more information or to schedule a viewing.

Multi Family Home for sale in 38150, TN:

Value-add multifamily opportunity in Midtown Memphis! This 8-unit property features a desirable mix of four studios and four- 1 bedroom 1 bath units. Four units are currently occupied $750-$900 The remaining four units consist of two studios and two- 1 bedroom units and are partially renovated and in need of completion Property offers an opportunity for an investor to complete renovations, improve operations, and stabilize the asset. Offered at ~$56,000 a door. Conveniently located near Downtown Memphis, Medical District, and Midtown amenities. Property being sold As-Is. Please do not disturb tenants.

Multi Family Home for sale in 38150, 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 38150, 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