This duplex consistsof 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.
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 1 has power on currently, and will need cosmetic repairs. 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
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
Great opportunity to grab a tenanted cash flowing property. Two unit duplex with a 1/1 on each side. 265 unit is recently vacant and easy to show - 263 unit is $750/mo. 5+ year tenant. Interiors are clean and ready, only needs some minor exterior maintenance. Easy to maintain and easy to own. Appliances included. Hardwood floors. Central HVAC. 2 car carport. Will make a great addition to any portfolio. Feel free to reach out with questions. Seller is not interested in owner financed offers, creative financing, subject to offers, and no wholesalers or assignments please.
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
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.
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.
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.
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.
This elegant duplex in the heart of Central Gardens is open and spacious with lots of character and architectural details. Lovely hardwood floors, high ceilings, great moldings, beautiful sunrooms, lots of natural light, plus covered parking.
This is a brand newly renovated, beautifully finished fourplex (with buildable bonus lot). Features two, lovely partially furnished duplexes with granite counters, stainless steel appliances, all tile floors and modern decor throughout. Lot is secured with wrought iron access-controlled gate, camera & automated lighting system and the location is .39 miles from Cooper-Young and right up the street from the new $56M Liberty Park mixed use development. A great Midtown-convenient asset!
Well performing duplex. Both units are 2 bed, 1 bath. Tenants pay all utilities and provide appliances. Both units are rented at $650.
Great duplex in Vollintine. One side renovated in 2023, the other just renovated. Tenants at $550 and $595. Both units are 1 bed, 1 bath. Tenants pay all utilities and provide appliances.
Renovated mid-2024! 2 bedrooms/1 bath on each side. Duplex for double income at a great price. Rent $795 per unit. Great investment opportunity! Low maintenance and easy to manage. Do not approach or disturb tenants. No showings until offer has been accepted.
Renovation is now complete. We are now marketing for lease. Gross potential rent is $3,610/month. Complete turnkey investment. Start making money day one!
Vacant. Be careful. Show with caution. Marked as dangerous building by City of Memphis. Possibly salvageable. Possibly a full demo. There is fire damage in the rear. Short sale. All offers will be presented by buyer to the lender.
Investors only! Duplex for sale (1 bed /1bath) each side. ONLINE VIDEO AVAILABLE UPON REQUEST. One unit is occupied at $550 & rented at $525 ($1075 total rent). Property is professionally managed (lease & ledger available). Recent renovations include: window ac units, new paint, new flooring on one side (LVP), new cabinets on one side, new water heater on one side, new doors & knobs. ONLINE VIDEO AVAILABLE UPON REQUEST. Don't approach or disturb tenants no showings without an accepted offer. Seller isn't interested in creative financing or owner financing. No wholesalers or assignments please.
Three of four occupied - current rents are $475+$100/month for rent and utilities. Unit 3 is $685+$123.25/mon, and unit 1 is getting $800+125 in utilities. Investors, here is your chance to get a 4-unit complex in a HOT part of town - close to Summer Ave., Berclair, Midtown and a lot of jobs! This spot has had a huge come-up in the last few years, with new businesses, apartment buildings, and city betterment initiatives going on nearby. Get in while it's affordable and reap the rewards for years to come with a cashflowing property offered at a killer price! 4 units total, 1 eff., 2 x 1/1 units, and 1 x 2/1 unit with a common laundry. Market rent for vacant unit is $850 per month with $100-125/unit utility billback in lease. 1 unit is vacant.
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.