Located in a solid rental area, this 4-plex property offers excellent income potential. The property features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, making it a versatile addition to any investment portfolio. One of the 2-bedroom units was previously rented to a Section 8 tenant for $945 per month, demonstrating strong rental demand. With full occupancy, this property has the potential to generate $3,200+ in monthly income. Conveniently situated near Downtown Memphis, Midtown, and major freeway access, this property provides easy access to dining, shopping, and employment centers. Donâ??t miss this great opportunity to own an income-producing multi-family property!
Solid brick Duplex in the historic Orange Mound community! Each side has 2br and 1 bath, window units for ac and wall heaters. One side occupied at $775 with a long term tenant, the other side is vacant and will need some finishing touches with flooring and paint. Please do not disturb tenants and make all offers contingent upon inspection. Also in a reasonable vicinity to schools, Orange Mound Library and Orange Mound Community Center.
Investor Opportunity! All-brick duplex fully updated in 2020 with a new roof, HVAC, flooring, kitchen, and bathrooms. Each side offers 1 bedroom and 1 bathroom. The left side is currently vacant, while the right side is tenant-occupied under MHA, paying $1,000 per month on a yearly lease that expires in May 2026. The right side is occupied and will not be available for showings until an accepted offer is in place. Videos and photos of the occupied unit are available upon request.
Great investment opportunity! Each unit offers 3 bedrooms and 2 bathrooms. Some repairs are needed to bring these spacious units to their full potential, making them ideal for any investor portfolio. Inspections only after accepted offer. All offers must include proof of funds. This unit can be sold individually or as a package with 1239 Ethel and 1218 Ethel.
Great investment opportunity! Each unit offers 3 bedrooms and 2 bathrooms. Some repairs are needed to bring these spacious units to their full potential, making them ideal for any investor portfolio. Inspections only after accepted offer. All offers must include proof of funds. This unit can be sold individually or as a package with 1240 Ethel and 1218 Ethel.
Great investment opportunity! Each unit offers 3 bedrooms and 2 bathrooms. Some repairs are needed to bring these spacious units to their full potential, making them ideal for any investor portfolio. Inspections only after accepted offer. All offers must include proof of funds. This unit can be sold individually or as a package with 1239 Ethel and 1218 Ethel.
Charming Brick Tri-Plex in Historic Glenview â?? Updated and Ready to Rent Located in the heart of the Historic Glenview area, this beautifully updated brick tri-plex is an incredible opportunity for investors or owner-occupants seeking rental income. The property is currently vacant, offering immediate flexibility and income potential. This tri-plex features three unique units: A 1-bedroom, 1-bath unit A 2-bedroom unit with 1 bath and a flex space A spacious 2-bedroom unit upstairs Completely updated within the last three years, this property boasts modern finishes while maintaining its classic charm. Its prime location in a desirable neighborhood adds to its appeal, making it a fantastic addition to any rental portfolio or multi-family investment strategy. **7 day 1st Look Restrictions**
Looking for your chance to own a fantastic investment property in Memphis? Wonderful renovated triplex has been a successful Air BnB and short term rental! You could also turn into long term rentals and/or owner occupant/house hacking! Two units have 2BD/1BA with full kitchen, living room and dining area. One unit is 1BD/1BA with full kitchen, living room and dining area. Furnishings are available for purchase to make this truly turn key!
COMPLETELY RENOVATED duplex Unique investment opportunity, Live on one side and rent out the other or perfect for an in-law suite when family needs to be close by. This can be a fantastic addition to your investment portfolio. Minutes from Cooper-Young area. Recent 2022 renovation included: New roof, amazing new kitchens & new baths, new flooring, new lighting, fresh paint inside & out. Take a look at those photos! Private gated parking in back. Text listing agent for interior videos. This is a property you will be proud to own! Call agent for more info.
Fully Renovated Duplex! This beautifully updated property features two separate units, each offering 2 bedrooms and 1 bathroom. Both units have undergone extensive renovations, including new floor framing, kitchens, and bathrooms, along with all-new plumbing. A new HVAC system, as well as the attic insulation and roof. Each unit also has completely new interior electrical wiring for improved efficiency and safety. One side of the duplex is currently rented for $950 per month, providing immediate rental income. This property is a great investment opportunity or ideal for owner-occupants looking to live in one unit and rent out the other!
Back on market!!! Duplex in Orange Mound will need complete cosmetic restoration. Plumbing/gas connections are intact but may require new electric. Thereâ??s a nonprofit that owns a majority of the surrounding vacant lots and other improvements in the area. Less than 5 minutes away from Orange Mound Community Center and Chrisitan Brothers University. 10 minutes to U of M and the airport.
7BEDS/4BATH w/ newer roof! Located near the Central Gardens Historic District & Cooper Young. This charming fourplex is a prime investment opportunity! Fully leased and tons of character! The property features THREE two-bedroom units & ONE one-bedroom unit, each offering hardwood floors. With the $20M Union Station development underway nearbyâ??including new townhomes and a 5-story hotelâ??this area is set for significant appreciation. Perfectly positioned for investors seeking long-term growth, this fourplex combines historic appeal with the potential for increased future value. Donâ??t miss your chance to invest in this rapidly evolving area! Stove, Refrigerator, Washer & Dryer included.
Rare Opportunity ! Newly Renovated Duplex ! Beautiful curb appeal. Great area ! One side tenant occupied. Rental income $975 per month. Close to dining and entertainment ! Call for appointment today !
Welcome to 1609-1611 Hugenot Street, a solid income-producing duplex located in the heart of Memphis, TN 38114. Each unit features 2 bedrooms and 1 bathroom, offering comfortable living space with classic charm and practical updatesâ??perfect for both investors and owner-occupants. The property boasts great curb appeal with a well-kept lawn, mature trees, and a welcoming front porch. Inside, each unit is filled with natural light and includes amenities such as tile flooring, air conditioning, climate control, window coverings, and mirrors. The fenced backyard offers added privacy and functionality. TENANTED PROPERTY: DO NOT APPROACH TENANTS. NO SHOWINGS WITHOUT ACCEPTED OFFER. 1609 - Leased at $750/month through 2/1/2027. 1611 - Leased at $775/month through 4/3/2027.

Memphis is located in Tennessee. Memphis, Tennessee 38114has a population of 634,139. Memphis 38114 is less family-centric than the surrounding county with 19.26% 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 38114 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 38114 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.