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Shelby County, TN Multifamily Properties for Sale

44 results
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Bulk Multifamily Investment Opportunity
$436,900

Bulk Multifamily Investment Opportunity

3789 Fairoaks Ave, Memphis, TN 38122

Four Memphis properties for sale as a portfolio.

  • Portfolio of four income‑producing properties offered in bulk.
  • Properties are professionally managed by Lubin.
  • Strong rental income: Combined current rent totaling $4490/month.
  • Leases in place for multiple properties extending to 2025 and 2026.
  • Recent updates: One property features a new roof and HVAC system installed in 2021.
Updated: Feb 19
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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 Triplex Investment Opportunity
$425,000

Memphis Triplex Investment Opportunity

Triplex with three units, great for rental income.

2006 Felix Ave, Memphis, TN 38104
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Memphis Townhome-Style Apartment Complex
$650,000
38,128 SF

Memphis Townhome-Style Apartment Complex

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

4390 Kamali Ave, Memphis, TN 38128
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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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Renovated Triplex Near University
$295,000

Renovated Triplex Near University

Recently renovated triplex near the University of Memphis.

743 Shotwell St, Memphis, TN 38111
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Memphis Four-Unit Apartment Building
$196,700

Memphis Four-Unit Apartment Building

All-brick four-unit apartment building in Memphis, Tennessee.

1431 Latham St, Memphis, TN 38106
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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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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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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 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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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
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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
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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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Downtown Memphis Multifamily Property
$625,000
7,710 SF

Downtown Memphis Multifamily Property

Multifamily property located in Downtown Memphis.

712 N 5Th St, Memphis, TN 38107
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Downtown Memphis Redevelopment Opportunity
Contact for pricing

Downtown Memphis Redevelopment Opportunity

Two six-story warehouse buildings for sale in Downtown Memphis.

62 E.h. Crump Blvd, Memphis, TN 38106
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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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South Main Arts District Portfolio
Contact for pricing
15,000 SF

South Main Arts District Portfolio

Portfolio in vibrant South Main Arts District with diverse potential.

345-365 S Main St, 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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Spacious Duplex Near I-40
Contact for pricing

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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Shelby County, TN Multifamily Properties Investment Opportunities Market Analysis

Explore 1662 multifamily properties for sale in Shelby County, TN, showcased through 44 active listings on our real estate platform. These investment opportunities span a total of 111,113,205 square feet of properties for sale, with an estimated market value of $1,261,904,000.

Sale prices for multifamily properties in Shelby County, TN start at $50,000, averaging $1,154,532, 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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