Courtesy: Broker South Realty
Sam Hanks
"Location, location and LOCATION! Spacious duplex at Vollintine-Evergreen available at discounted price! Two bedrooms/ one bath each side with a total 1939 square feet per assessor records. 50 feet by 131 feet elevated lot with a long driveway and backyard is 90 percent fenced in. Neighborhood has many renovated houses. Unpainted brick exterior is in good shape. Will need a COMPLETE exterior and interior renovation but the neighborhood is worth the money! A total trashout on both sides is done. Electric safety inspection is completed for 897 Willett so that new owner will be able to start renovation with power immediately.
Courtesy: Franchise Realty, LLC
Randall Garrett
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!
Courtesy: Heritage Homes Co.
Adam Underwood
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.
Courtesy: Crye-Leike, Inc., REALTORS
Tyler Tapley
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.
Courtesy: Memphis Metro Realty
Randall Weatherall
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. Anchor tenant in place that keeps the property looking good and clean. The two rear ADUs are occupied currently and the front duplex is vacant and ready for tenants. Current rents are $475+$100/month for rent and utilities. Other is $685+$123.25/mon. Market rents for vacant units is $750 and $850 per month with $100-125/unit utility billback in lease. 2 units are vacant because current owner does not like Sec. 8 - if you aim for thatt, they should be filled pretty quickly!
Courtesy: Crye-Leike, Inc., REALTORS
James Anson Underwood
Cash offers only on this property- Terrific opportunity to tighten up this duplex to have an investment property within walking distance to shopping and restaurants and the Liberty Bowl. This property does need some improvements (some sheetrock, electric, paint and kitchen work) but the guts are solid and the location is great. 2 beds 1 bath on one side, and 2 beds and 2 baths on the other side. Rent range for side 1 should be $1000-1100 and rent range for side 2 should be $1200-1300. This property is temporarily boarded up.
Courtesy: Fast Track Realty, LLC
Jonathan Nunez
This well-maintained duplex is an excellent investment opportunity, featuring two separate units, each with 1 bedrooms and 1 bath. Both units are currently occupied by reliable tenants, ensuring a steady rental income.
Courtesy: Sowell, Realtors
Trey McElroy
DO NOT DISTURB TENANTS--Centrally located near Downtown Memphis, LeMoyne-Owen College, and the Stax Museum, this 5-Unit Garden apartment is sure to impress. New iron stairs on both ends were replaced March 2024. New roof, plumbing, electrical, and mechanical work completed January 2022. Currently 100% occupied. Annual scheduled rents of $38,820, with potential of $42,000 annual rents. Investors only, please call for more information!
Courtesy: Renshaw Company, REALTORS
Caleb Parr
This Midtown Home Is Sure To Please! This Home Can Be Used For Single Family or Multi Family. Currently Has 3 Units,1 (1 bedroom 1 bath), 2 (2 bedrooms, 1 bath), Kitchens, Hardwood Floors, NO Carpet, & Lots of Storage! This was a successful short term rental previously. Seller no longer travels back to Memphis for work, so they've decided to sell. Possibility of assumable VA loan w/3.375% interest rate. Vacant, easy to show!
Courtesy: Crye-Leike, Inc., REALTORS
Benny Carter
Solid investment opportunity. Long term tenants in place. Showings and inspections allowed only after offer is accepted, no exceptions. Do not disturb the tenants; buyer to verify all schools. Please drive by. No sign in yard. New exterior trim/ paint in 2020 as well as new 30 year roof in 2020.
Courtesy: Sowell, Realtors
Linda Sowell
This is a rare opportunity to own a new duplex that is conveniently located in walkable neighborhood near the Cleveland Concourse. Each unit has an open floor plan with high ceilings ,spacious rooms , nice finishes and very high ceiling. The quality construction is evident with so much attention to detail. There is ample parking. This property is perfect for an owner occupant or an investor looking for turnkey units. Very attractive facade that blends well with the neighborhood. 4 bedrooms 2 baths up and 3 bedrooms 2 baths down. Great kitchens. Special financing is available for owner occupant with no income limit!
Courtesy: Crye-Leike, Inc., REALTORS
Tammy Bunnell
The perfect scenario you might ask? Have someone pay part of your mortgage while they live on the other side of this great duplex. All of the units are large, with hardwood floors, central heat and air, updated baths and kitchens. Washer/Dryer, and fridge stay in each unit. Near Rhodes College, Medical School, and The College of Southern Optometry. DO NOT DISTURB NEIGHBORS *Please give 24 hour notice for showing Current rent is 1300 each side.
Courtesy: Paradigm21 Realty
Taylor Lewis
Back on the market after original contract couldn't obtain financing!!! Wonderful investment opportunity. Two 2/1 units. One rented at $1100/month with a wonderful tenant. The other currently vacant, but ready to rent. Both sides could rent for $1300+. Meets 1% rule. Lots of opportunity for appreciation and development in the area. No assignments. No wholesalers.
Courtesy: Green Bee Real Estate
Jenna Williamson
**PRICE REDUCED** Historic triplex planted in the heart of Midtown Memphis! Super deep lot and all new major systems (Roof, HVAC, water heater)! The well-built house boasts 3 units: one studio, one 1br/1ba with a pergola patio, and one 2br/1 ba with a balcony! Expand your portfolio or become an owner occupant to cover your monthly payment with rent from the other 2 units! This property qualifies for multiple down payment assistance programs for owner occupant buyers. This property has TONS of upside for pushing rents above $3k a month, for the seasoned investor. Each unit is ready to rent! Call the listing agents today for more information.
Courtesy: Memphis Metro Realty
Randall Weatherall
This property is currently under contract. This is a hot investment street, with a ton of potential tenants and increasing rents/values as the neighborhood is being turnkeyed. The neighborhood is close to the airport and several distribution centers with a strong need for workforce housing. The duplex was fixed up a few years ago, with a newer roof and should have newer mechanicals. The other side is on the market now for a tenant. Both units should rent in the $900, allowing for some great long-term income and an awesome reason to add it to your portfolio! Buyer to verify all facts; no showings until accepted offer. Do not disturb tenants. No assignable/wholesaler offers will be accepted. No seller-financing, so do not ask or offer; it will be rejected. Seller is selling all in Memphis market to invest in local market. Selling with 3 other duplexes and will split.
Courtesy: Memphis Metro Realty
Randall Weatherall
This is a hot investment street, with a ton of potential tenants and increasing rents/values as the neighborhood is being turnkeyed. The neighborhood is close to the airport and several distribution centers with a strong need for workforce housing. Currently, these are rented for $1575 combined, with 4447 rented for $875 until 6/30/25 & 4449 for $700 until 1/31/2025. Fixed up, both units should rent in the $900 range, allowing for some great long-term income and an awesome reason to add it to your portfolio! Buyer to verify all facts; no showings until accepted offer. Do not disturb tenants. No assignable/wholesaler offers will be accepted. No seller-financing, so do not ask or offer; it will be rejected. Seller is selling all in Memphis market to invest in local market. Selling with 3 other duplexes and will split.
Courtesy: Memphis Metro Realty
Randall Weatherall
This property is under contract. Really nice duplex, updated a few years ago, looking for a new investor owner. Add this one to your portfolio and get a great property with really nice outlook given its proximity to the University of Memphis! Current rents are $650 and $687.95/month, both tenants month-to-month. Cashflow now and try to get those rents up over the next few years for even better monthly income! These are right in the Highland Strip area, which is undergoing huge gentrification as the U of M grows. Buyer to verify all facts; no showings until accepted offer. Do not disturb tenants. No assignable/wholesaler offers will be accepted. No seller-financing, so do not ask or offer; it will be rejected. Seller is selling all in Memphis market to invest in local market. Selling with 3 other duplexes and will split.
Courtesy: Reed & Associates of Tenn, LLC
Phillip Kemp
Renovated Tri-plex with a 3 bed / 1 bath unit + 2 efficiency units. Renovations include: all new plumbing - water lines to the meter, PEX lines throughout, new pvc sewer lines, new tankless water heaters. HVAC is new. 3 bed unit has forced heat/air. The efficiency units have new mini splits. New electrical panels. New outlets and switches. Wood floors, vinyl plank, and sealed/painted concrete floors throughout. All bathrooms and kitchens have been fully remodeled. New Interior and exterior paint throughout. 1 efficiency unit is tenant occupied. Do not disturb tenants.
Courtesy: Coldwell Banker Collins-Maury
Jeanne Billings
Single family conversion. Currently a duplex w/ existing floorplan designed to return to a single family home if desired. Fabulous craftsman style with wrap around porch, painted brick, double pane windows, enormous courtyard, pergola, Koi pond, screened porch, iron gates, oversized 2 car garage-workshop w/ rear alley entrance. Upstairs apartment has separate outdoor entrance secured by an iron gate & driveway parking, 2 BR's 1 BA, office, den, kitchen, pantry, laundry & fireplace . One utility meter. Level 1 has 1 BR but office was a 2nd BR. Half bath has room to add a shower(Pantry). Primary BR has ensuite BA, private screened porch, laundry walk-in closet. Chef's kitchen, courtyard views, office or 2nd bedroom, huge foyer area & den w/ fireplace. Additional private patio accessible by sliding doors off the den.. Whole house generator, partial basement, dual HVAC. Hardwood floors throughout the first level. Original staircase can be replaced. behind the bookcase.
Courtesy: Crye-Leike Commercial
Jeffrey Moore
This newer triplex consists of 3 large 2 bedroom 2 bath units with lots of modern amenities including modern kitchens and washers and dryers and balconies. The scheduled monthly income is 6300 per monthl. Drive by only Please do not disturb residents.
Courtesy: Crye-Leike Commercial
Jeffrey Moore
This newer 4 plex consists of all large 2 bedroom 2 bath units with lots of modern amenities, including washers and dryers and modern kitchens . The scheduled monthly income is 7200 per month. Drive by only. Please do not disturb residents.
Courtesy: Woodyard Realty Corp
Worth Woodyard
200k PRICE REDUCTION! PACKAGE DEAL ONLY- MOTIVATED SELLER- PACKAGE PRICE $899,000 1329 Harbert (9 units) MLS #10182438 must be included in sale. Location location location! Situated in the hearts of bourgeoning Midtown Memphis, walkable to coffee shops, restaurants and retailers, 2 miles from Overton Park and the Memphis zoo, and just 4 miles from the University of Memphis, this 5 unit historic building is the investment opportunity youâ??ve been looking for. It has been recently renovated in 2023. This is being sold as a package deal with the 1329 Harbert two doors down for a total of 14 doors for $899,000, which is the best deal in Memphis.
Courtesy: Woodyard Realty Corp
Worth Woodyard
200k PRICE REDUCTION! PACKAGE DEAL ONLY- MOTIVATED SELLER- PACKAGE PRICE $899,000 1319 Harbert (5 units) MLS #10182439 must be included in sale. Location location location! Situated in the hearts of bourgeoning Midtown Memphis, walkable to coffee shops, restaurants and retailers, 2 miles from Overton Park and the Memphis zoo, and just 4 miles from the University of Memphis, this 9 unit historic building is the investment opportunity youâ??ve been looking for. It has been recently renovated in 2023. This is being sold as a package deal with 1319 Harbert (5 units) two doors down for a total of 14 doors for $899,000, which is the best deal in Memphis.
Courtesy: Crye-Leike, Inc., REALTORS
Jarret Kilpatrick
Buy these condos Individually or as a Discounted Package! Hereâ??s your chance to add two cash-flowing assets to your real estate portfolio. These 2-bedroom, 1-bath condos are available individually or as a package deal, offering a $10,000 discount when purchased together. The HOA payment for one of the units is $160/ month but includes water, trash and landscaping services. The units have dedicated off street parking for both units and each unit already has property management and tenants already in place. The property on 105 n Belvedere unit #6 is renting for $1,050/ month. The property at 45 n Belvedere unit 108 is renting for $550/month. Contact for more info on lease duration and expenses.
Courtesy: BEST Real Estate Company
Stephanie Moss
LOOK NO MORE! WHAT A GREAT INVESTMENT TO ADD TO YOUR PORTFOLIO. COMPLETELY RENOVATED DUPLEX! One side occupied $699 mthly. 1yr lease in place. The other side is rent ready and vacant. Both sides were completely renovated in June 2024. New kitchen, flooring, bathrooms, paint, water heaters, HVAC systems. This one won't last! NO WHOLESALERS OR ASSIGNMENTS.
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.
