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Shelby County, TN Apartment Buildings for Sale

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46-Unit Apartment Portfolio
Updated: Aug 31
46-Unit Apartment Portfolio

3439 SOUTHERN Ave, Memphis, TN 38111

$1,900,000
7,000 sqft
46 apartment units across six buildings
Unit mix includes 35 two‑bedroom, one‑bath units and 11 one‑bedroom, one‑bath units
81 total bedrooms and 46 bathrooms
Within walking distance of the University of Memphis
Buildings constructed in 1966
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Renovated Townhome Apartment Community
Updated: Apr 24
Renovated Townhome Apartment Community

1961-1970 REMBERT Pl, Memphis, TN 38104

$1,600,000
1,116 sqft
Renovation completed in 2019; improvements include windows, roof, flooring, granite countertops, and stainless steel appliances
Each residence features 2 beds/2.5 baths with two upper‑level bedrooms and full baths
2 dedicated parking spaces per residence with asphalt parking and updated exterior lighting
Gated townhome‑style apartment community at 1961‑1970 REMBERT Pl, Memphis, TN 38104
RU‑3 zoning with no HOA or deed restrictions
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5-Unit Garden Apartment Building
5-Unit Garden Apartment Building

1025 S WELLINGTON St, Memphis, TN 38126

$292,500
3,772 sqft

Garden apartment property with updated roof, plumbing, electrical, and mechanical systems.

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46-Unit Apartment Portfolio
46-Unit Apartment Portfolio

3439 Southern Ave, Memphis, TN 38111

$1,900,000
7,000 sqft

Multifamily asset within walking distance of the University of Memphis.

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21-Unit Townhome-Style Apartment Building
21-Unit Townhome-Style Apartment Building

4390 KAMALI Ct, Memphis, TN 38128

$625,000
20,956 sqft

Two-bedroom layouts include one-and-a-half baths, laundry connections, and individual water shut-off valves.

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Renovated 5-Unit Apartment Building
Renovated 5-Unit Apartment Building

712 N FIFTH St, Memphis, TN 38107

$444,900
3,202 sqft

Fully electric property with updated building systems and two Section 8 leases.

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5-Unit Apartment Building
5-Unit Apartment Building

1515 MADISON Ave, Memphis, TN 38104

$380,000
3,166 sqft

Gated parking and on-site laundry support the existing rental configuration.

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Apartment Buildings with Recent Improvements
Apartment Buildings with Recent Improvements

1239 Agnes Pl, Memphis, TN 38104

$550,000
6,777 sqft

Two-building multifamily property with six renovated units and updated electrical service.

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27-Unit Apartment Building
27-Unit Apartment Building

2116 HOWELL Ave, Memphis, TN 38108

$900,000
16,416 sqft

Individually metered apartments with recent site and building improvements.

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10-Bedroom Apartment Building
10-Bedroom Apartment Building

488 LACLEDE Ave, Memphis, TN 38126

$150,000
3,301 sqft

Currently vacant, with tenants on standby.

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Renovated 6-Unit Apartment Building
Renovated 6-Unit Apartment Building

957 S Wellington St, Memphis, TN 38126

$589,000
4,212 sqft

Renovated multifamily property with six two-bedroom units and updated building systems.

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Renovated 6-Unit Apartment Building
Renovated 6-Unit Apartment Building

487 WILLIAMS Ave, Memphis, TN 38126

$369,000
4,200 sqft

Apartment property with refurbished units, a replaced sewer line, and a mix of occupied, available, and soon-to-be-vacant residences.

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5-Unit Garden Apartment Building
5-Unit Garden Apartment Building

1025 S Wellington St, Memphis, TN 38126

$292,500
3,772 sqft

Garden-style multifamily property with recent building-system upgrades and current occupancy across its apartment units.

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22-Unit Apartment Complex
22-Unit Apartment Complex

1744 N Graham St, Memphis, TN 38108

$1,380,000
16,488 sqft

Three buildings offer renovated interiors and updated plumbing, appliances, flooring, and paint.

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Madison East Renovated Apartments
Madison East Renovated Apartments

2780 Madison Avenue, Memphis, TN 38111

$4,995,000
70,832 sqft

The Memphis multifamily property dates to 1967 and received renovation work in 1980.

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28-Unit Apartment Building Package
28-Unit Apartment Building Package

1-3636 Spottswood Ave, Memphis, TN 38114

$2,250,000
916 sqft

Three-building condo package with every unit leased and shuttle service stopping at the property.

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Renovated Multifamily Community in Midtown
Renovated Multifamily Community in Midtown

170 North Hollywood Street, Memphis, TN 38112

$5,700,000
49,222 sqft

Renovated 52-unit multifamily property in Midtown Memphis.

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12-Unit Brick Apartment Building
12-Unit Brick Apartment Building

1500 Madison Avenue, Memphis, TN 38104

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14,598 sqft

Three-story brick apartments with established multifamily use and substantial renovation requirements across most units.

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Casa del Rey Apartment Building
Casa del Rey Apartment Building

634 Brister Street, Memphis, TN 38111

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9,750 sqft

Apartment property at 634 Brister Street, built in 1965.

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51-Unit Apartment Portfolio
51-Unit Apartment Portfolio

347 South Front Street, Memphis, TN 38103

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53,208 sqft

Two adjacent Memphis properties operate together within the South Main Arts District’s downtown residential and commercial setting.

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14-Unit Apartment Building
14-Unit Apartment Building

1861 CORNING AVE, Memphis, TN 38127

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13,365 sqft

Multifamily property with consistent two-bedroom, one-bathroom unit layouts and established tenant occupancy.

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University Highlands Apartment Building
University Highlands Apartment Building

3417 Spottswood Avenue, Memphis, TN 38111

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30,744 sqft

Apartment property in Memphis with an established operating history and 1985 construction.

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Renovated 10-Unit Apartment Property
Renovated 10-Unit Apartment Property

3917 Dunn Avenue, Memphis, TN 38111

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8,380 sqft

Updated multifamily asset with modernized systems, in-unit laundry, and refreshed kitchen finishes.

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8-Unit Multifamily Property
8-Unit Multifamily Property

291 Greenlaw Ave, Memphis, TN 38105

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7,042 sqft

Eight two-bedroom units with central heating and air are offered in this for-sale multifamily property.

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Shelby County, TN Apartment Buildings Market Trends and Statistics

Explore 73 apartment buildings for sale in Shelby County, TN, showcased through 73 active listings on our real estate platform. These investment opportunities span a total of 622,519 square feet of properties for sale, with an estimated market value of $109,225,399.

Sale prices for two-family homes in Shelby County, TN start at $150,000, averaging $2,952,037, and reaching up to $23,500,000 — 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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