Multi Family homes for sale & real estate in 38165, TN

Multi Family Home for sale in 38165, 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 38165, TN:

Income, upside and seller flexibility minutes from Downtown Memphis. This 6-unit features all 2-bedroom units with scheduled rents of $5,400 per month. The seller is currently turning over the tenant base, giving an incoming investor the opportunity to establish a stronger tenant profile, improve operations and position the asset for increased cash flow. To make the transition even more attractive, the seller is open to providing a short term credit for any vacant unit.

Multi Family Home for sale in 38165, TN:

MOTIVATED SELLER !!!!! Investor Alert!! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. With 1 bedroom and 1 bath on each side, this duplex generates $1,150 a month in combined rental income. There are tenants already in place. Please do not disturb tenants. No showings without an accepted offer. Make offer contingent on inspection. NO wholesale, assignment or creative financing offers will be accepted. Financials available upon request.

Multi Family Home for sale in 38165, 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 38165, 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 38165, 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.