Memphis, TX Multifamily properties for sale

Updated: May 8

Brick Duplex with Rear Carport

1217 Montgomery Street, Memphis, TX 79245

$40,000

1,404 sqft 0.12 AC lot

0.12‑acre lot size
1,404 SF duplex
Brick exterior with composition roof
Built in 1930
Carport parking with covered spaces in the rear

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Memphis, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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.

Brick Quadplex on Corner Lot

110 BROADWAY Avenue, Groom, TX 79039

$145,000

2,600 sqft

Four occupied apartments offer a mix of one- and two-bedroom floor plans.

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Six-Duplex Multifamily Property

801-901 S Kiowa Street, Wheeler, TX 79096

$3,750,000

1.72 AC lot

Foam-insulated rental homes offer garages, fenced yards, and a two- and three-bedroom unit mix.

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Four-Unit Apartment Property

110 Broadway Avenue, Groom, TX 79039

$145,000

2,600 sqft

Corner-lot quadplex with a varied unit mix and all apartments currently occupied.

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Mobile Home & RV Park Site

1200 S Stanley Street, Wheeler, TX 79096

$73,000

Established site layout at a mobile home & RV park property in Wheeler, Texas.

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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

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

136 Dixie Drive, Howardwick, TX 79226

Contact for pricing

0.12 AC lot

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

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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 average $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.

Neighborhood	Average Price
79245	$40K

Neighborhood

Average Price

79245

$40K

Memphis, TX Multifamily Properties for Sale

1217 Montgomery Street, Memphis, TX 79245