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    Germantown, TN Multifamily Properties for Sale

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    Southaven, MS Olive Branch, MS Horn Lake, MS Nesbit, MS Walls, MS Piperton, TN Lake Cormorant, MS Jackson, MS
    119 properties
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    Tenant-Occupied Duplex For Sale
    Updated: Jun 22
    Tenant-Occupied Duplex For Sale

    3038-3040 SINCLAIR St, Memphis, TN 38127

    $125,000
    1,375 sqft
    Duplex built in 1961
    Both units are 2 bed / 1 bath
    3038 Sinclair is tenant occupied at $725/mo through July 26, 2026
    3040 Sinclair is vacant and ready to show for a new tenant
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    This listing looks promising.

    Here's a quick look at some key insights for

    3038-3040 SINCLAIR St, Memphis, TN 38127

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $11K
      Annual

    • Price @ 7% Cap

      $156K
      Above asking
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    Turnkey Duplex with Covered Parking
    Updated: Jul 2
    Turnkey Duplex with Covered Parking

    82 N REMBERT St, Memphis, TN 38104

    $575,000
    3,147 sqft
    Duplex built in 2022
    Each unit offers 3 bedrooms and 2.5 bathrooms
    Open‑concept living and dining area in each unit
    Separate breakfast room in each unit
    Gated driveway with covered parking and two dedicated spaces per unit
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    19-Unit Multifamily Apartment Building
    19-Unit Multifamily Apartment Building

    32 N BELVEDERE Blvd, Memphis, TN 38104

    $1,568,000
    946 sqft

    Professionally managed 19-unit property with parking and washer/dryer connections, available for bulk purchase.

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    Turnkey Renovated Duplex Property
    Turnkey Renovated Duplex Property

    1621 OAKWOOD St, Memphis, TN 38108

    $150,000
    1,151 sqft

    Fully renovated duplex offers two updated units with modern finishes, bringing a move-in-ready option for rental buyers.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Apartment Conversion Opportunity
    Apartment Conversion Opportunity

    6020 Shelby Oaks Drive, Memphis, TN 38134

    $2,000,000
    41,280 sqft

    Vacant hospitality property with an apartment redevelopment concept, including a newly installed roof and existing elevator infrastructure.

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    Turnkey Duplex Income Property
    Turnkey Duplex Income Property

    155-157 N MERTON St, Memphis, TN 38112

    $236,000
    1,725 sqft

    Fully renovated duplex with two 2-bedroom, 1-bath units and current monthly rental income.

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    Upper/Lower Duplex with Patios
    Upper/Lower Duplex with Patios

    1337 HARBERT Ave, Memphis, TN 38104

    $339,900
    3,178 sqft

    Upper and lower units each offer three bedrooms, one bath, and a private patio with long-term leases in place.

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    Well-Maintained Duplex
    Well-Maintained Duplex

    217 N MCLEAN Blvd, Memphis, TN 38112

    $399,000
    3,860 sqft

    Well-maintained duplex in a historic district, offering income property ownership in a convenient Memphis area.

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    Renovated Multifamily Community in Midtown
    Renovated Multifamily Community in Midtown

    170 North Hollywood Street, Memphis, TN 38112

    $5,900,000
    49,222 sqft

    Renovated 52-unit multifamily property in Midtown Memphis.

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    Gated Townhome Community in Memphis
    Gated Townhome Community in Memphis

    1961-1970 REMBERT Pl, Memphis, TN 38104

    $1,650,000
    1,116 sqft

    Fully occupied, renovated townhomes near Overton Square. Perfect for investors.

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    New Construction Duplex
    New Construction Duplex

    3025 WAYNOKA Ave, Memphis, TN 38111

    $269,900
    1,738 sqft

    Turnkey new-build duplex with two 2-bedroom, 1-bath units, featuring LVP floors and granite countertops.

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    Mixed-Use Religious Duplex Property
    Mixed-Use Religious Duplex Property

    1293 LAMAR AVE, Memphis, TN 38104

    $1,200,000
    1,614 sqft 0.82 AC lot

    Duplex fronting a major corridor with adjoining church and meeting facilities, offering flexible space for community and commercial uses.

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    Updated Four-Unit Apartment Building
    Updated Four-Unit Apartment Building

    259 MARYLAND Ave, Memphis, TN 38126

    $224,000
    4,662 sqft

    Four-unit multifamily with updated interiors, a new roof, and three vacant units ready for immediate leasing.

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    Historic Hewn-Stone Duplex
    Historic Hewn-Stone Duplex

    173 N WILLETT St, Memphis, TN 38104

    $295,000
    3,738 sqft

    1920s duplex with hardwood floors and spacious units featuring five bedrooms and three bathrooms, offered for sale as-is.

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    Apartment Complex Near University
    Apartment Complex Near University

    665 E Pontotoc Ave, Memphis, TN 38126

    $649,000
    5,600 sqft

    Apartment complex near universities with redevelopment potential.

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    Well-Maintained Duplex for Sale
    Well-Maintained Duplex for Sale

    766 ROLAND St, Memphis, TN 38104

    $399,000
    2,895 sqft

    Two-family duplex with bright hardwood interiors and neutral kitchens, offering scheduled combined rents above $3,000 monthly.

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    Turnkey Central Gardens Duplex
    Turnkey Central Gardens Duplex

    1503 EASTMORELAND Ave, Memphis, TN 38104

    $425,000
    3,264 sqft

    Fully updated duplex with 2024 and 2025 renovations, including new kitchen appliances and multiple interior upgrades.

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    Large Multifamily Property Near FedEx
    Large Multifamily Property Near FedEx

    179 Vance Avenue, Memphis, TN 38103

    $999,000
    9,000 sqft

    Two-unit multifamily property with parking near FedEx Forum.

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    Renovated Duplex Investment
    Renovated Duplex Investment

    1352 S COOPER St, Memphis, TN 38114

    $205,000
    1,656 sqft

    Renovated duplex with two current tenants and documented lease terms through 2027.

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    Midtown Memphis Multifamily Investment Property
    Midtown Memphis Multifamily Investment Property

    1905 Jefferson Ave, Memphis, TN 38104

    $695,000
    9,365 sqft

    Six-unit multifamily property in the heart of Midtown Memphis.

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    Duplex Income Property
    Duplex Income Property

    703 N EVERGREEN St, Memphis, TN 38107

    $315,000
    3,469 sqft

    Two-unit duplex with hardwood floors, large living areas, and natural light at a Memphis Midtown address.

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    Historic Duplex in Speedway Terrace
    Historic Duplex in Speedway Terrace

    1220 Snowden Ave, Memphis, TN 38107

    $215,000
    1,572 sqft

    Classic 1912 Craftsman duplex, income potential in the heart of Memphis.

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    Fully Renovated Duplex Opportunity
    Fully Renovated Duplex Opportunity

    3588 BOWEN Ave, Memphis, TN 38122

    $190,000
    1,594 sqft

    Turnkey duplex with two renovated two-bedroom, one-bath units for flexible owner-occupancy or rental income.

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    Downtown Memphis Condo For Sale
    Downtown Memphis Condo For Sale

    107 S Ct Ave, Memphis, TN 38103

    $225,000
    1,527 sqft

    Spacious 2-bedroom, 2-bath condo in the heart of Memphis.

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    Germantown, TN Multifamily Properties Market Trends and Statistics

    Explore 119 multifamily properties for sale in Germantown, TN, showcased through 119 active listings on our real estate platform. These investment opportunities span a total of 531,149 square feet of properties for sale, with an estimated market value of $51,425,499.

    Sale prices for multifamily properties in Germantown, TN start at $44,900, averaging $627,140, and reaching up to $12,000,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Garden apartment buildings 1
    Small apartment buildings 1

    Demographics Overview

    Population 42K
    Population Growth (5Y) +2.5%
    Median Household Income $147,307
    College Educated 69.7%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Shelby County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Shelby County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Germantown fall within the 100,000+ square foot range.

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    Browse Multifamily properties for Sale Near Germantown, TN

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    Most Searched ZIP Codes in Germantown, TN

    • 38104
    • 38107
    • 38112
    • 38114
    • 38122
    • 38106
    • 38111
    • 38126
    • 38108
    • 38127
    • 38103
    • 38115

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