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    Shelby County, TN Apartment Buildings for Sale

    29 results
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    Memphis Apartment Building with Potential
    $369,000

    Memphis Apartment Building with Potential

    487 Williams Ave, Memphis, TN 38126

    Six-unit apartment building in Memphis with renovation potential.

    • Six‑unit apartment building with income potential.
    • Approximately $140,000 in renovations completed by the owner.
    • Sewer line replaced (March 2025).
    • Two units are vacant and move‑in ready.
    • All six units have been refurbished.
    Updated: Feb 26
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    Memphis Townhome-Style Apartment Complex
    $650,000
    38,128 SF

    Memphis Townhome-Style Apartment Complex

    4390 Kamali Ave, Memphis, TN 38128

    21-unit multifamily property in Memphis, TN, with renovation potential.

    • Value‑add opportunity through renovation of 21 townhome‑style units.
    • As‑is purchase with potential for significant equity gain.
    • Projected ARV of $1.16 million in 2024.
    • Each unit features 2 bedrooms and 1.5 baths.
    • Central heat and air setup in each unit.
    Updated: Jan 17
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    Memphis Garden Apartment Building
    $310,000

    Memphis Garden Apartment Building

    Five-unit apartment building near Downtown Memphis, 80% occupied.

    1025 S Wellington St, Memphis, TN 38126
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    Memphis Apartment Building For Sale
    $1,095,000

    Memphis Apartment Building For Sale

    Memphis apartment building with renovation and MHA contracts.

    3250 Guernsey Ave, Memphis, TN 38112
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    Memphis Apartment Complex Near Midtown
    $900,000

    Memphis Apartment Complex Near Midtown

    27-unit apartment complex near Midtown Memphis with renovation potential.

    2116 Howell Ave, Memphis, TN 38108
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    Midtown Apartment Building with Retail
    Contact for pricing

    Midtown Apartment Building with Retail

    Seven-unit apartment building with retail space in Midtown.

    569 North Mclean Blvd, Memphis, TN 38112
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    Downtown Memphis Mixed-Use Development Site
    Contact for pricing

    Downtown Memphis Mixed-Use Development Site

    Prime downtown location with retail and residential development potential.

    48 South Front St, Memphis, TN 38103
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    500-Unit Community Value-Add Opportunity
    Contact for pricing

    500-Unit Community Value-Add Opportunity

    500-unit community near Germantown Parkway, Memphis. Value-add potential.

    9135 Morning Ridge Rd, Cordova, TN 38016
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    Memphis Multifamily Portfolio Opportunity
    Contact for pricing

    Memphis Multifamily Portfolio Opportunity

    Two properties near each other with value-add and tax abatement.

    4537 Mill Stream Dr, Memphis, TN 38116
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    196-Unit Multifamily Community Frontage
    Contact for pricing

    196-Unit Multifamily Community Frontage

    196-unit multifamily community with frontage on Germantown Parkway.

    7965 Humphreys Hill Dr, Cordova, TN 38016
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    Cordova Development Opportunity For Sale
    Contact for pricing

    Cordova Development Opportunity For Sale

    New development with retail and residential opportunities in Cordova, Tennessee.

    Swc Walnut Grv Rd & Houston Levee Rd, Cordova, TN 38018
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    Downtown Condo with River Views
    $259,000

    Downtown Condo with River Views

    Two-bedroom condo with Mississippi River views and modern updates.

    200 Wagner Pl, Memphis, TN 38103
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    Downtown Memphis Studio Condo
    Contact for pricing

    Downtown Memphis Studio Condo

    Studio condo in gated community, downtown Memphis, near South Main.

    720 Litty Ct, Memphis, TN 38103
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    Updated Condo in Quaint Community
    $254,900

    Updated Condo in Quaint Community

    Updated 2 bed, 1.5 bath condo with community amenities.

    2240 Germantown Sq W, Germantown, TN 38138
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    Downtown Memphis Townhome at Carolina
    Contact for pricing

    Downtown Memphis Townhome at Carolina

    Updated 2BR, 2.5BA townhome near downtown Memphis.

    89 W Carolina Ave W, Memphis, TN 38103
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    Downtown Memphis Condo with Amenities
    Contact for pricing

    Downtown Memphis Condo with Amenities

    Exclusive condo with stunning views and comprehensive amenities in Memphis.

    655 Riverside Dr, Memphis, TN 38103
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    Condo Near Overton Park
    Contact for pricing

    Condo Near Overton Park

    Condo with gated parking, pool, and in-unit laundry hookups.

    3080 Walnut Grove Rd, Memphis, TN 38111
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    Uptown Memphis 5-Unit Apartment Building
    $499,500

    Uptown Memphis 5-Unit Apartment Building

    Renovated 5-unit apartment building, excellent investment.

    712 5Th St, Memphis, TN 38107
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    Downtown Memphis Highrise Redevelopment
    $3,700,000
    101,200 SF

    Downtown Memphis Highrise Redevelopment

    12-Story Office Tower, Adaptive Reuse Potential

    147 Jefferson Ave, Memphis, TN 38103
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    Memphis Multifamily Investment Opportunity
    $2,000,000

    Memphis Multifamily Investment Opportunity

    16-Unit Apartment Building, High Occupancy

    528 Parkway, Memphis, TN 38112
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    2342 Parkway Pl
    $4,100,000
    20,924 SF

    2342 Parkway Pl

    Multifamily properties • 20,924 SF

    2342 Parkway Pl, Memphis, TN 38112
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    Memphis Multifamily Investment Opportunity
    $12,000,000
    135,320 SF

    Memphis Multifamily Investment Opportunity

    171-Unit Apartment Complex, High Potential

    3130 Mendenhall Rd, Memphis, TN 38115
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    Shelby County, TN Apartment Buildings Investment Opportunities Market Analysis

    Explore 1531 apartment buildings for sale in Shelby County, TN, showcased through 29 active listings on our real estate platform. These investment opportunities span a total of 89,440,625 square feet of properties for sale, with an estimated market value of $1,229,600,000.

    Sale prices for two-family homes in Shelby County, TN start at $50,000, averaging $1,184,585, and reaching up to $29,820,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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