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    Memphis, TN Residential Income Properties for Sale

    41 results
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    Renovated Home Plus Rental Unit
    $129,900

    Renovated Home Plus Rental Unit

    564 W Peebles Rd, Memphis, TN 38109

    Two homes on one lot, renovated and income-producing.

    • Two Homes on One Lot: Main renovated 2BR/1BA home plus separate 1BR/1BA rental unit.
    • Instant Rental Income: Currently leased at $500/month.
    • Renovated Main Home: Updated kitchen and bath.
    • Central Heat & Air: Provides comfort in the main house.
    • Low‑Maintenance Brick Exterior: Reduces upkeep.
    Updated: Jan 19
    View details
    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 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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    Memphis Triplex Investment Opportunity
    $437,750

    Memphis Triplex Investment Opportunity

    Triplex with three units, great for rental income.

    2006 Felix Ave, Memphis, TN 38104
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    Portfolio of Four Investment Properties
    $436,900

    Portfolio of Four Investment Properties

    Four Memphis investment properties available for bulk purchase.

    3789 Fairoaks Ave, Memphis, TN 38122
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    Fully Occupied Memphis Apartment Complex
    $550,000

    Fully Occupied Memphis Apartment Complex

    Renovated 10-unit apartment building with strong rental history in Memphis.

    486 E Georgia Ave, 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 Building For Sale
    $204,900

    Memphis Apartment Building For Sale

    Four-unit apartment building in Memphis, Tennessee, being sold as-is.

    1431 Latham St, Memphis, TN 38106
    View details
    Renovated Fourplex in Memphis
    $225,000

    Renovated Fourplex in Memphis

    Turnkey fourplex with immediate income potential in Memphis, Tennessee.

    1086 S Bellevue Blvd, Memphis, TN 38106
    View details
    Memphis Rooming House Opportunity
    $172,000

    Memphis Rooming House Opportunity

    Well-kept 10-bedroom rooming house in Memphis, Tennessee.

    488 Laclede Ave, Memphis, TN 38126
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    Memphis Triplex with Extra Lots
    $149,000

    Memphis Triplex with Extra Lots

    Income-producing triplex with two extra lots in Memphis.

    279 W Person Ave, Memphis, TN 38109
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    Memphis Fourplex Near Union Station
    $399,800

    Memphis Fourplex Near Union Station

    Charming, fully leased fourplex near development, great investment opportunity.

    1009 Rozelle St, Memphis, TN 38114
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    Central Gardens Multifamily Investment
    $525,000

    Central Gardens Multifamily Investment

    Five-unit building in desirable Central Gardens neighborhood.

    1450 Peabody Ave, Memphis, TN 38104
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    Commercial Property with Apartment, Offices
    $225,900

    Commercial Property with Apartment, Offices

    Commercial property featuring offices, apartment, and storage basement.

    3682 Millbranch Rd, Memphis, TN 38116
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    Memphis Apartment Building with Potential
    $379,000

    Memphis Apartment Building with Potential

    Six-unit apartment building in Memphis, Tennessee, with renovation potential.

    487 Williams Ave, Memphis, TN 38126
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    Memphis Fourplex Investment Opportunity
    $215,000

    Memphis Fourplex Investment Opportunity

    Vacant fourplex in Memphis, TN, with income potential.

    1627 Barton St, Memphis, TN 38106
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    Spacious Duplex Near I-40
    $259,000

    Spacious Duplex Near I-40

    Duplex with owner-occupancy option, near shopping and I-40.

    2217 Goldbrier Ln, Memphis, TN 38134
    View details
    Memphis Duplex: Investor Opportunity
    $145,000

    Memphis Duplex: Investor Opportunity

    Tenant-occupied duplex in Memphis, Tennessee, recently updated and cash-flowing.

    2336 Boyle Ave, Memphis, TN 38114
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    Downtown Memphis Townhome at Carolina
    $349,999

    Downtown Memphis Townhome at Carolina

    Updated 2BR, 2.5BA townhome near downtown Memphis.

    89 W Carolina Ave W, Memphis, TN 38103
    View details
    Updated Condo in Fountain Square
    $190,000

    Updated Condo in Fountain Square

    Updated 3-bedroom, 2.5-bathroom condo in Germantown's Fountain Square community.

    6617 S Poplar Woods Cir, Germantown, TN 38138
    View details
    Downtown Memphis Studio Condo
    $109,000

    Downtown Memphis Studio Condo

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

    720 Litty Ct, Memphis, TN 38103
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    Downtown Memphis Condo with Amenities
    $335,000

    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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    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
    View details
    Condo Near Overton Park
    $99,500

    Condo Near Overton Park

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

    3080 Walnut Grove Rd, Memphis, TN 38111
    View details

    Memphis, TN Residential Income Properties Investment Opportunities Market Analysis

    Explore 1530 residential income properties for sale in Memphis, TN, showcased through 41 active listings on our real estate platform. These investment opportunities span a total of 98,758,458 square feet of properties for sale, with an estimated market value of $1,158,020,900.

    Prices for residential income properties in Memphis, TN start at $50,000, averaging $1,082,262, and reaching up to $29,820,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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    Browse Residential income properties for Sale Near Memphis, TN

    Popular Searches in Memphis, TN

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    Most Searched ZIP Codes in Memphis, TN

    • 38103
    • 38126
    • 38104
    • 38106
    • 38107
    • 38128
    • 38133
    • 38109
    • 38112
    • 38118
    • 38111
    • 38116

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