Multifamily

Memphis, TX Multifamily Properties for Sale

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Estelline, TX Childress, TX Clarendon, TX
Memphis, TX Duplex Investment
Updated: May 8
Memphis, TX Duplex Investment

1217 Montgomery Street, Memphis, TX 79245

$40,000
1,404 sqft 0.12 AC lot
Bricked exterior duplex built in 1930
Duplex layout with a 1 bed, 1 bath on each side
Rear covered carport parking
Composition roof
Original main sewer line has been replaced
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Memphis, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

New Amarillo Multifamily Investment Opportunity
New Amarillo Multifamily Investment Opportunity

4150 Clive Avenue, Amarillo, TX 79118

$650,000
4,992 sqft 1.02 AC lot

Two duplexes on one lot in a new subdivision.

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Duplex with Two Rented Homes
Duplex with Two Rented Homes

210 N Floyd Avenue, Tulia, TX 79088

$99,995
2,238 sqft 0.36 AC lot

Two separate homes on one lot offer central HVAC, porches, and a fully remodeled second residence, both currently rented.

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Amarillo KOA Journey Campground
Amarillo KOA Journey Campground

1100 Folsom Rd, Amarillo, TX 79108

$5,600,000

Established RV campground on I-40 corridor with income potential.

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Two-Home Income Property
Two-Home Income Property

210 N Floyd Ave, Tulia, TX 79088

$99,995
2,238 sqft

Two separately rented homes on one lot offer flexible living and rental income potential for investors or owners.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Land Near Reservoir
Residential Land Near Reservoir

Molly Bee, Howardwick, TX 79226

Contact for pricing
0.43 AC lot

Land near the Reservoir with utilities available for building.

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Land Near Reservoir in Howardwick
Land Near Reservoir in Howardwick

136 Dixie Drive, Howardwick, TX 79226

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0.12 AC lot

Unimproved land near the Reservoir, suitable for building or mobile home.

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Land Available in McLean, TX
Land Available in McLean, TX

S Main Street, Mclean, TX 79057

Contact for pricing
0.13 AC lot

Unimproved lot with utilities available for building or mobile home.

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Residential Land in Borger, TX
Residential Land in Borger, TX

700 Platt Street, Borger, TX 79007

Contact for pricing
0.14 AC lot

Land available for sale with utilities, suitable for building.

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Memphis, TX Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Memphis, TX on our real estate platform. These investment opportunities span a total of 1,404 square feet of properties for sale, with an estimated market value of $40,000.

Sale prices for multifamily properties in Memphis, TX start at $40,000, averaging $40,000, and reaching up to $40,000 — 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

Duplexes 1

Demographics Overview

Population 2,291
Population Growth (5Y) -4.5%
Median Household Income $46,667
College Educated 21.7%

High-Yield Neighborhoods for Investment

Identify Memphis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
79245 $120K

Taxes & Financing

Tax Rate (average for all types) 2.07%
Property Tax per SF $24.35 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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