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 - Duplex in Memphis This 2 bed, 1 bath per side duplex is being sold as-is and is perfect for investors looking to add value and maximize rental income. The exterior is already completed with new siding, new roof, and new windows. Strong rental demand in the area makes this an excellent opportunity to rehab and hold, or renovate and resell. PROPERTY BEING SOLD AS IS. Seller will not connect utilities
Great Investment Opportunity - Duplex in Memphis This 2 bed, 1 bath per side duplex is being sold as-is and is perfect for investors looking to add value and maximize rental income. The exterior is already completed with new siding, paint, new roof, and new windows. Strong rental demand in the area makes this an excellent opportunity to rehab and hold, or renovate and resell. PROPERTY BEING SOLD AS IS. Seller will not connect utilities
Exceptional Investment Opportunity in 38112! Just 3 minutes from the newly developed Tillman Cove Apartments and Lester Community Center, this updated duplex is ideally situated in the heart of the Binghampton Redevelopment District. Each unit features 2 bedrooms and 1 bathroom, with fresh paint and brand-new flooring throughout. Both units are occupied with a total rent income of $1,700. Unit 1 - Occupied at $800/per month with a lease expiration of 7 31 26. Unit 2 - Occupied at $900/per month with a lease expiration of 8 7 26. 3113 & 3115 Yale Avenue are also for sale by the same owner!!!
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 80% occupied. Annual scheduled rents of $38,820, with potential of $42,000 annual rents. Investors only, please call for more information! This unit is part of a package of 18 properties.
Investor Special in Cooper Young Area! Updated duplex with updated kitchen and bathroom and hardwood flooring throughout. Total rent on both units is $1925. Currently occupied! Professionally managed. Duplex less than a mile from Cooper Young area in midtown. Seller will pay up to $3000 buyer agent bonus on top of co-op if under contract by December 1, 2025. Call listing agent for details! Walk through contingent on accepted offer. Do not Disturb tenants!
Exceptional Investment Opportunity in 38112! Just 3 minutes from the newly developed Tillman Cove Apartments and Lester Community Center, this updated duplex is ideally situated in the heart of the Binghampton Redevelopment District. Each unit features 2 bedrooms and 1 bathroom, with fresh paint and brand-new flooring throughout. Both units became vacant as of September 2025 and are currently being marketed at $925 per month. 3113 & 3115 Yale Avenue are also for sale by the same owner!!!!
Turn-key duplex just minutes from everything Memphis has to offer! Each side mirrors the other, creating balance and ease of ownership. With leases in place until August 2026, you can enjoy peace of mind knowing your investment is already secured immediate cash flow. Only 8 minutes to vibrant Downtown Memphis and 7 minutes to the dynamic Crosstown Concourse, yet tucked away in a settled, quiet community, this property is perfect for anyone looking to start or expand their portfolio! Please do not disturb/approach tenants. Buyer to verify room sizes.
Two Zero-lot line attached homes in the Lagrange Park PUD being sold together as a duplex. 2 parcels selling together. Great Investment Opportunity in the University of Memphis area. The 648 side is renovated; Furniture is negotiable.
Location! Location!Steps from Overton Square-Restaurants Entertainment-Shops-Movie Theater-Overton Park & Shell Concerts-One Owner Duplex-BOTH UNITS 2 BR 2 Baths-1 Covered Parking Spot for Each Unit+Street Parking-ONE LEVEL-Selling "AS IS" Unit 2-Immediate Occupancy Available-Unit 1- Month to Month-Call Listing Agent for More Details!
Updated Duplex in Eastern Heights â?? Prime Investment Opportunity in 38112! Located just 8 minutes from Midtown and 13 minutes from Downtown Memphis, this recently renovated duplex sits in the heart of the Binghampton Redevelopment District. Each unit offers 2 bedrooms and 1 bathroom, with fresh paint and new flooring throughout. One unit is currently leased at $900/month through 11/30/2025, while the other is vacant and actively marketed at the same rate. 50% Occupied â?? Immediate income potential! PLEASE DO NOT DISTURB THE TENANT(S)!!!
Located on vibrant Madison Avenue just steps from Overton Square, this renovated 5-unit multifamily property offers excellent rental income potential. The main house features 4 spacious units, plus a separate apartment above the garage. Major updates include 2017 renovations: new HVAC & a new roof in 2019. Several units have been modernized with updated flooring, countertops, and appliances. Added conveniences include an onsite laundry room. Call listing agent for info, do not disturb tenants.
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 turnkey investment for savvy investor. Already leased and ready for new owner. Main house has 3 br 3.5 baths, all with en-suite baths. Great for roommates as there is one large suite upstairs and 2 suites on the main level. Huge rooms in the main house. Always easy to lease with the flexible floorplan. Main house leases for $2700 per month which includes utilities. Owner converted the basement into a 1 bedroom apartment with a full kitchen and laundry room. It has a sep. entrance. Currently leased for $1200 per month which includes utilities. Access to basement from main house. Floorplan attached. Avg utilities were $312.00 for 2024. Tenants are responsible for paying anything over $400.00 for utilities. There is a double garage behind gated driveway and room for 4 more cars.
**Price Correction**Investor Opportunity! Donâ??t miss this chance to add this Triplex property to your rental portfolio. Whether you're a seasoned investor or just getting started, this property offers solid potential. Tenant occupied, please do not disturb tenants.
Fantastic investment opportunity in the Shelby area. This 2br/2 bath Duplex is in the 38107 area. Cash flowing with a monthly rental amount of $700 and $595/month. The lease ends on 09/13/2025 and 11/30/2025. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.
BACK ON THE MARKET! Investment opportunity in Memphis! This duplex offers 3 bedrooms and 1.5 bathrooms with durable vinyl flooring and stylish granite countertops. The property is currently vacant, making it ready for immediate occupancy at closing. Priced to sell, this is an excellent chance for investors or buyers seeking income potential in a strong rental market. Donâ??t miss out on this value-packed property!
Do not disturb tenant. Converted duplex into a spacious single family residence. Generates $2490 in rent per month. $1800 security deposit to convey at closing. Lease through 7/31/27. Showing only with accepted offer.
This charming Duplex is right across the street from Overton Park and Zoo! Each unit is 1bed 1bath (2bed, 2bath total). Unit #2388 is currently vacant, while Unit #2390 is rented for $700/mo. Property is professionally managed. ONLINE VIDEO AVAILABLE UPON REQUEST. Home has hardwood floors, gas cooking, large backyard, and tons of other amenities. Seller will make lender required repairs. Could be a great option for a buyer wanting to House Hack (live in one side and rent the other side out). Great Airbnb/ VRBO option as well. FHA/ VA/ Conventional offers welcome!
This 4 unit mid town building has that classic midtown charm. There are 4 large 2 bedroom units with hardwood floors, central heating and air, updated kitchens and baths and washers and dryers. The current rents are under market. The market rents are 1200 per month minimum per unit. Currently , the rents are 825 and 700. 2 recently renovated units are currently vacant and available for showing. Please do not disturb residents.
Fantastic investment opportunity or ideal owner-occupant setup! This updated duplex features (2) 1BR/1BA units, each with spacious living rooms and kitchens (12x11 & 12x10). Both units boast luxury vinyl plank flooring in living and bedroom areas, tile in kitchens and baths, plus modern kitchens and updated baths with tile surrounds. Additional highlights include double-pane vinyl windows, ceiling fans, covered front porch and security doors. Huge backyard! Previously rented for $850 per side, this property offers strong rental potential or the chance to live in one unit while generating income from the other.
Unique 2-for-1 Opportunity â?? Renovated Home + Rental Unit! Donâ??t miss this rare chance to own two homes on one lot! The front property is a beautifully renovated 2BR/1BA featuring an updated kitchen and bath, central heat & air, low-maintenance brick exterior, and a charming front porch to enjoy. Behind it sits a separate 1BR/1BA home currently occupied on a month-to-month lease at $500/month, providing instant rental income. Whether youâ??re looking for a primary residence with supplemental income or a solid investment property, this setup is hard to beat. With fresh updates, strong rental potential, and a versatile layout, this property delivers both comfort and cash flow!
New Construction Duplex Opportunity in 38111! Donâ??t miss your chance to own a brand-new duplex just about a month away from completion! Each unit features 2 bedrooms and 1 bathroom. Projected MHA rental income is $1,100â??$1,300 per side, offering strong cash flow potential in a high-demand area. Located only about two miles from the University of Memphis, shopping, and public transit, this is a turnkey investment in a growing rental market.

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.