Residential Income

Tennessee Residential Income Properties for Lease

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Memphis, TN Nashville, TN Knoxville, TN Chattanooga, TN Clarksville, TN Johnson City, TN Kingsport, TN Jackson, TN
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Updated Residential Income Property
Updated: Sep 14
Updated Residential Income Property

16804 HWY 64, Somerville, TN 38068

$1,250/Mo
3,200 sqft
3,200 square feet of residential income property
Two‑bedroom apartment with two full bathrooms
Recently updated kitchen with large island and extensive cabinet space
Open living room and dining area floorplan
Recently upgraded HVAC system
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Eight-Unit Apartment Building
Updated: Sep 21
Eight-Unit Apartment Building

420 Wheatley Street, Kingsport, TN 37660

$880,000/Mo
7,864 sqft 0.57 AC lot
8 units across 7,864 square feet on 0.57 acres
Unit mix includes (2) 3‑bed/1‑bath, (4) 2‑bed/1‑bath, and (2) 1‑bed/1‑bath apartments
All 8 units reported 100% occupied by long‑term tenants
Additional 421 sq. ft. storage area
Individually metered power with public water and public sewer
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Eight-Unit Apartment Building
Eight-Unit Apartment Building

420 Wheatley St, Kingsport, TN 37660

Contact for pricing
7,864 sqft  Built 1971

Fully occupied apartments offer varied floor plans, separately metered power, and on-site parking.

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Mixed-Use Property in Upcoming Area
Mixed-Use Property in Upcoming Area

1939 Central Ave, Chattanooga, TN 37408

$28 SF/Yr
52,200 sqft  Built 2024

Mixed-use property in Chattanooga's Southside with commercial and residential spaces.

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Lewisburg Duplex with Hardwood Floors
Lewisburg Duplex with Hardwood Floors

527 Maple St, Lewisburg, TN 37091

$800/Mo
Built 1952

One-bedroom duplex in Lewisburg with a large backyard.

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Modern Condo in East Nashville
Modern Condo in East Nashville

2115 Yeaman Pl #414, Nashville, TN 37206

East Nashville
$1,595/Mo
Built 2008

Sleek 1-bedroom condo with city views and modern amenities.

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East Nashville Mixed-Use Development
East Nashville Mixed-Use Development

660 Joseph Avenue, Nashville, TN 37207

East Nashville
Contact for pricing
8,165 sqft

Mixed-use development in East Nashville, one mile from downtown.

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Mixed-Use Development in Midtown Memphis
Mixed-Use Development in Midtown Memphis

Central Avenue, Memphis, TN 38104

Midtown Memphis Development Corp.
Contact for pricing

Retail, dining, office, and residential spaces in Midtown Memphis.

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Three-Bedroom Apartment
Three-Bedroom Apartment

403 N 1st St N, Pulaski, TN 38478

$900/Mo
1,500 sqft  Built 1928

The upper-floor unit includes a full bath, washer and dryer hookups, and a kitchen with appliances.

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9 active listings match your search: Residential Income for lease in Tennessee. Based on your search, we've also compiled 1,293 Potential Opportunities for your consideration: 1,293 properties for sale.

Similar Spaces for Sale in Tennessee

Consider Similar Space for Sale. We found 1293 Spaces matching your search parameters.

19-Unit Apartment Property
19-Unit Apartment Property

1778 Fort Henry Drive, Kingsport, TN 37664

$1,400,000
19 units  8,236 sqft  4 buildings  Built 1969  1.12 acres  Furnished
Road access

Four buildings include furnished accommodations, a detached residence, and unfinished space identified for potential unit expansion.

Utilities to site  35 spaces  17 x studio/one-bedroom  1 x 2BR/2BA  1 x 3BR/2BA
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17-Unit Apartment Building
17-Unit Apartment Building

2215 Buffalo Tr, Morristown, TN 37814

$1,200,000
17 units  9,503 sqft  Built 1935  1.95 acres
8.3% cap rate  Highway access  Road access

Residents pay water and electric charges through separately metered service.

Utilities to site
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4-Unit Quadplex
4-Unit Quadplex

9105 Woodpark Lane, Knoxville, TN 37923

$699,900
4 units  5,656 sqft  1 building  Built 1978  0.25 acres
100% occupied  Road access

Four residences offer two distinct bedroom and bathroom layouts in West Knoxville.

2 x 2BR/2BA  2 x 3BR/2.5BA
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Mobile Home and RV Park Portfolio
Mobile Home and RV Park Portfolio

401, 412 Pippin Rd, Cookeville, TN 38501

$785,500
7,000 sqft  2.2 acres

Two properties combine mobile homes, an RV space, rental lots, and a site-built residence.

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Four-Unit Townhome Quadplex
Four-Unit Townhome Quadplex

1502 E 13th Street, Chattanooga, TN 37404

Highland Park Neighborhood Association
$998,000
4 units  4,880 sqft  Built 2022  0.3 acres  Multi-tenant
100% occupied / $78,240 gross income

Completed in 2022, the property includes off-street parking and alley access.

Sprinklered
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Mobile Home and RV Park
Mobile Home and RV Park

401 Pippin Rd, Cookeville, TN 38501

$570,500
7 units  7,000 sqft  Built 1980  2.2 acres

Park property with mobile homes, an RV space, a tiny home, and additional rental sites.

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Five-Unit Apartment Building
Five-Unit Apartment Building

5129 Bluff City Highway, Bluff City, TN 37618

$599,000
5 units  8,000 sqft  1 building  Built 1980  brick  0.57 acres

Income-producing multifamily property with varied unit layouts, private utility responsibility, and washer/dryer hookups throughout.

1 x 3BR/2BA  4 x 2BR/1BA  Washer/dryer hookups
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16-Unit Apartment Building Portfolio
16-Unit Apartment Building Portfolio

204 E Watauga Avenue, Johnson City, TN 37601

$1,590,000
16 units  8,942 sqft  3 buildings  Built 1920  Multi-tenant
100% occupied

Fully occupied multifamily portfolio with professional management and updated apartment interiors.

15 x 1BR/1BA  1 x 3BR/1BA  Laundry room
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Quadplex and Duplex Portfolio
Quadplex and Duplex Portfolio

6672 Roan Creek Road, Butler, TN 37640

$989,000
8 units  7,435 sqft  3 buildings  Built 2002 / renov 2024  3.31 acres

All residences have two-bedroom, one-bathroom layouts and individual washer and dryer hookups.

8 x 2BR/1BA  Washer & dryer hook-up
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28-Unit Apartment Building
28-Unit Apartment Building

303 S Poplar St, Paris, TN 38242

$1,800,000
28 units  15,750 sqft  1 building  3-story  Built 1940  0.78 acres

Residents have access to on-site laundry, while office and maintenance areas support property operations.

13 x studio  10 x 1BR/1BA  4 x 2BR/1BA  1 x 2BR/1.5BA  On-site laundry facilities  Parking
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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

305 S Church St., Livingston, TN 38570

$575,000
5,760 sqft  0.09 acres  1 building  Built 1936  brick

Street-level commercial space is paired with three upstairs rental apartments and a rear gravel parking area.

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2-Unit Duplex with Transferable STVR Permits
2-Unit Duplex with Transferable STVR Permits

1605 Mitchell Avenue, Chattanooga, TN 37408

Fort Negley Neighborhood Association
$950,000
2 units  3,677 sqft  Built 1950  brick  0.14 acres
Highway access  Road access

Two residences offer separate kitchens and entrances, with a connecting door for combined use.

6 spaces  1 x 3BR/2.5BA  1 x 4BR/2BA  Separate front porches  Laundry hookups  Tankless water heater  Pass-through door
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3-Unit Triplex with Attached Garages
3-Unit Triplex with Attached Garages

Avenue B, Alcoa, TN 37701

$989,700
3 units  4,200 sqft  Built 2026  0.22 acres

Each residence has an open main-level living area, three upstairs bedrooms, and its own attached garage.

3 x 3BR/2.5BA
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Three-Story Triplex with Generator
Three-Story Triplex with Generator

1557 CENTRAL Ave, Memphis, TN 38104

Central Gardens Association
$589,000
3 units  5,778 sqft  1 building  3-story  Built 1925

Corner-lot property with distinct floor plans on each level and a full-home generator.

Full home generator
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Two-Home Multifamily Property
Two-Home Multifamily Property

306 & 310 Teague Lane, Sevierville, TN 37862

$4,300,000
2 units  14,507 sqft  2 buildings  Built 1995

Two custom residences share city water, sewer, and natural gas service in a wooded Sevierville setting.

Utilities to site  1 x 6-bedroom residence  1 x 5-bedroom residence  Covered front porch  Masonry gas fireplace  Built-in speakers  Central vacuum  High-speed internet
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Tennessee Residential income properties Market Trends and Statistics

Explore Residential income properties leasing options in Tennessee with 9 listings featured on our commercial real estate exchange. The current inventory includes 80,793 square feet of properties with an estimated lease value of $28.

Estimated lease rates for Residential income properties in Tennessee average $28 SF/Yr.
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