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Memphis, TN Multifamily Properties for Sale

34 results
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Renovated Fourplex in Memphis
$225,000

Renovated Fourplex in Memphis

1086 S Bellevue Blvd, Memphis, TN 38106

Turnkey fourplex with immediate income potential in Memphis, Tennessee.

  • Immediate income stream from existing tenant ($600/month).
  • Opportunity to increase cash flow by leasing remaining three units.
  • Turnkey property requiring minimal immediate effort.
  • Strong rental market location.
  • Suitable for both new and experienced investors.
Updated: Oct 12, 2025
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Memphis Triplex with Extra Lots
$149,000

Memphis Triplex with Extra Lots

279 W Person Ave, Memphis, TN 38109

Income-producing triplex with two extra lots in Memphis.

  • Income‑producing triplex with potential for $2,185 gross monthly rent.
  • Includes two adjacent lots for future development or expansion.
  • Located in the heart of Memphis.
  • Two units currently rented for a combined $1,490 per month.
  • Strong upside potential in an area with steady rental demand.
Updated: Nov 23, 2025
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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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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 Multifamily Investment Opportunity
$204,900

Memphis Multifamily Investment Opportunity

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

1431 Latham St, Memphis, TN 38106
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Memphis Apartment Building Investment Opportunity
$1,250,000

Memphis Apartment Building Investment Opportunity

Multifamily property in Memphis, TN with renovation and MHA contracts.

3250 Guernsey Ave, Memphis, TN 38112
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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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Renovated Home Plus Rental Unit
$139,900

Renovated Home Plus Rental Unit

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

564 W Peebles Rd, Memphis, TN 38109
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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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Memphis Triplex Investment Opportunity
$460,750

Memphis Triplex Investment Opportunity

Triplex with three units, income potential, convenient location.

2006 Felix Ave, Memphis, TN 38104
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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
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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
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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
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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
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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 Mixed-Use Gem
Contact for pricing
62,950 SF

Downtown Memphis Mixed-Use Gem

62,950 SF Warehouse & Apartments

62 E.h. Crump Blvd, Memphis, TN 38106
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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, TN Multifamily Properties Investment Opportunities Market Analysis

Explore 1523 multifamily properties for sale in Memphis, TN, showcased through 34 active listings on our real estate platform. These investment opportunities span a total of 94,922,564 square feet of properties for sale, with an estimated market value of $1,151,611,985.

Prices for multifamily properties in Memphis, TN start at $50,000, averaging $1,083,360, 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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