This duplex consists of a 3 bedroom 1 bath unit and a 2 bedroom 1 bath unit. The projected monthly rents are 1500 and 1200 per month. The property was owner occupied and is currently vacant. It is located across from Galloway Golf Course.
5-unit apartment complex offered in East Memphis! Property has a rent roll of $4,240 with a potential rent of $6,050. Building consists of 5 2-bedroom 1-bath units (one of which being a two-story townhome). Central heat/air & laundry hookups. Close to both UofM campuses. One unit has been left vacant for showings, all others are rented. Contact your agent to add this property to your investment portfolio today!
Location, location, location ! Midtown duplex is within walking distance of Overton Park, Broad Ave restaurants, and multiple new apartment buildings. 1 bedroom/ 1 bath on each side 1669 total sf per tax assessor record. Both sides are vacant so it's ready for your remodeling. Unit 2 had a kitchen fire, so it will need a COMPLETE renovation. Work that has been completed on Unit 2 include: brand new vinyl windows all around, new electrical panel installed and inspected and power is on to the panel with a temp outlet. Unpainted brick exterior is in good shape. Double driveways and lot size 50 x 125. Fully boarded up and new security chain link fence on the property. Sold as-is, prefer closing within 21 days $1,000 Earnest Money. POF required with all offers.
Brick construction with a new roof , updated kitchen, appliances included. Growing neighborhood with increasing in rent and rental demand. Easy access to public transportation and interstate. Walking distance to schools and parks. Please provide (POF)proof of funds. Investment Highlights Asking price$125,000 $18,000 gross annual income. potential cashflow $1500.Long term tenants, low vacancy rate and consistent cashflow. No property management fees
This updated duplex has over $60,000 in improvements since 2022. Currently configured as 3 units, the property offers flexibility to function as a single household while maintaining the potential to be easily converted back to 4 units with minimal changes. The downstairs unit features two front entries with 2 beds and 1 bath on each side. The two upstairs units each include 2 beds, 1 bath, living space, and kitchen, accessible via front and back stairways. Offering great flexibility, this property is ideal for future tenants or owner-occupants and investors alike.
Great investment on this brick 2 story duplex located in Annesdale area. Pre qualified buyers only> Can not show without accepted offer and proof of funds. Both units are long term renters. Selling AS IS
Opportunity for Investors! Bring your vision to life with this duplex and transform it into a money-making asset! Whether youâ??re looking to generate passive income or grow your portfolio, this property is your blank canvas. Letâ??s make your investment goals a reality. AS IS
This duplex is located northeast of the Uptown area of Downtown Memphis. The units are 2 Bedroom 1 bath. The scheduled monthly rents are a total of 1224 per month. Drive by only . Please do not disturb residents
Good investment opportunity priced right. 6/10 units have been renovated with new flooring and fresh paint. New roof put on a year ago. Window units and wall heaters. Rent for unrenovated units $525 Renovated units are renting for 750-$950 (VA Vouchers)
Great chance for investors to get a nice, cashflowing duplex - $1100/month in rent! Units were rehabbed prior to leasing and should be in great shape! Owner says the roof is within 10 years, maybe newer, slab foundation and brick exterior all check a lot of boxes for investors! The two leases are newer, but both are current as of listing. Each side is rented for $550 and one lease ends 7/31/25, other 9/30/25. No showings until accepted contract, buyer to verify all facts. No seller-financing and no wholesaler/assignable offers.
Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No blind offers and no wholesaler or assignment of contract offers will be accepted.
2212 is occupied by a long term tenant. 2210 just became vacant and on the rental market. It can be seen until a new tenant is secured. 2212 is well maintained but will need some cosmetic updating upon vacancy. 2210 was updated a few years ago. 2212 rents always on time. Call for more details.
Investors welcome!!! Turn key tri-plex has 3 units. (2) 2br/1ba per unit and (1) 1br/1ba unit. All units is currently vacant. Property is being sold "AS IS" seller will not make any repairs.
Investor opportunity! This 6-unit apartment building features six units leased at $800 each! Each unit has 2 bedrooms and 1 bathroom, and the property offers ample tenant parking. The roof was replaced in 2019, and central heat and air were updated in 2018. The sale includes an additional lot at 487 Walker Ave. Property is being sold as-is.
Investment opportunity in the Shelby area. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.
Triplex for sale in Memphis, TN. Unit one is two bedroom, one bath, needs some rehab. Unit #2 is a two bed, one bath is fully rehabbed. Unit 3 is a 3 bedroom, 1.5 bath fully rehabbed.
Great Occupied Investment Opportunity! This Duplex property is 2 bed 1 bath per side, fully occupied, $1250 per month, $650 and $600 per month until 9/22/2026 and 4/14/2025 with multi-year tenant. This property was newly renovated in 2024, new LVP flooring, kitchen upgrades including new appliances on one side, fresh painted cabinets, new counter tops, bathroom updated and fresh paint. Your cash flowing investment opportunity awaits. Do not disturb tenants, No wholesale or creative financing offers. No showings without an accepted offer. Freshly renovated, updates include new HVAC system, new hot water heater, granite kitchen countertops, new cabinets, new flooring, and freshly painted throughout.
Newly renovated 8-unit apartment building, fully occupied with low maintenance. Tenants cover utilities and trash. Secure, quiet building with easy leasing and additional income from appliance rentals. Prime location just minutes from Downtown Memphis, St. Jude, and the Snuff District redevelopment. A fantastic investment opportunity in a high-demand area! DO NOT DISTURB TENANTS!
Newly Renovated (1) bedroom (1) bath Duplex per side! A great opportunity for an investor or homebuyer! The property is currently vacant and advertised for rent for $950/mo per side. New stove and refrigerator provided per tenant. Whether you're an owner-occupant or investor, this opportunity is open to you. No wholesale or creative financing offers.
In the heart of a blossoming neighborhood, this "As-Is" duplex stands as a promising investment with untapped potential. Each unit offers a cozy 1-bedroom, 1-bath setup with a welcoming kitchen and spacious great room, generating about $750 in monthly rent per unit. The excitement builds with a partially framed third unit upstairs, perfectly suited for an easy conversion to a triplex. Imagine the added income and value as the neighborhood continues to evolve around you. Whether you're a seasoned investor or just stepping into the market, this property offers a rare blend of stability and potential. Answer the knock of opportunityâ??this could be the key to your next success.
Building with 3 units in desirable Central Gardens. Close to everything! Strong rental history with happy, long-term tenants. Two units with 2 bedrooms down and one unit with 3 bedrooms upstairs. Two of the units have been recently renovated. Each unit features all appliances, central heat & air, in-suite washer/dryer, original hardwood floors, a spacious front porch, and convenient parking in the rear. Tall ceilings + lots of midtown charm. New roof 2021. Tenants pay all utilities + the low expenses make this a great cash flowing property. Current gross rent: $4,050. Please DO NOT disturb tenants. Drive-by only!
"RARE FIND! Appraisal in hand for $565,000 from 2023. Instant Equity. UNBELIEVABLE OPPORTUNITY to purchase a home divided into TWO units. Both sides are 3 bedrooms with 2 baths with almost 2k feet of living space! HUGE income potential. Live in one and rent the other. Rent them both or have multiple families living together... endless possibilities in this highly desirable neighborhoods with easy access to local parks, shopping, and dining. You will not find another opportunity like this in the neighborhood with gorgeous new buildings going up around it, this is gold mine. Both sides very nicely updated and clean. Featuring spacious living areas filled with natural light, a beautifully updated kitchen with stainless steel appliances This charming residence combines modern comforts with classic Southern charm."
4 unit apartment complex recently fully renovated and leased. Total rents are $2,825 per month. Please do not disturb tenants.
Discover an incredible investment opportunity in this unique duplex, expertly converted into a quadplex. Each unit is being sold furnished and offers an inviting atmosphere for future residents. Every floor plan is slightly different- one studio, one 1/1, one 2/1, and one 2/1.5. The full basement provides additional storage for all. Multiple units are currently being used as an Airbnb. Property was recently at 100% occupancy with previous combined rents totaled $6750 per month. Situated in Central Gardens, this quad is designed for steady income and low vacancy rates. This building underwent extensive renovations in 2018 featuring updates that include refinished hardwoods, updated kitchens and baths, updated electric and plumbing and a brand new driveway. Additional parking available in the rear. Earnest money payable to and held by Shelley Rothman, GCEM. Email all offers to BOTH listing agents. Advanced notice required on all showings.
Memphis is located in Tennessee. Memphis, Tennessee has a population of 634,139. Memphis is less family-centric than the surrounding county with 18.89% of the households containing married families with children. The county average for households married with children is 25.11%.
The median household income in Memphis, Tennessee is $43,981. The median household income for the surrounding county is $55,015 compared to the national median of $69,021. The median age of people living in Memphis is 34.2 years.
The average high temperature in July is 90.9 degrees, with an average low temperature in January of 30.3 degrees. The average rainfall is approximately 54.1 inches per year, with 3 inches of snow per year.