Residential Income

Memphis, IN Residential Income Properties for Sale

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Charlestown, IN Henryville, IN Sellersburg, IN
Prime Location Commercial Land
Updated: Oct 6, 2019
Prime Location Commercial Land

5706 Greenland Unit Lot A, Memphis, IN 47143

$673,000
Great location right off I‑65
Ideal for multifamily, shopping strip center, fast food restaurant
Minutes from downtown Louisville
Additional parcels available (listing # 2019011301, 2019011327)
Guest Facilities: 3
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Land Near I-65, Memphis
Updated: Oct 6, 2019
Land Near I-65, Memphis

Memphis-Bluelick, Memphis, IN 47143

$1,430,000
Great location right off I‑65
Ideal for multifamily development
Suitable for shopping strip center
Suitable for fast food restaurant
Minutes from downtown Louisville
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Land Near I-65, Memphis, IN
Land Near I-65, Memphis, IN

Memphis-Bluelick Road, Memphis, IN 47143

$690,000

Prime land ideal for various commercial and residential developments.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 Active listings in Memphis, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

5-Unit Apartment Building
5-Unit Apartment Building

1011 Vincennes Street, New Albany, IN 47150

$575,000
5,356 sqft · 0.22 AC lot

Individually climate-controlled units with varied layouts, including a 3-bedroom option, in a five-unit rental building.

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Renovated Multifamily Property in Indiana
Renovated Multifamily Property in Indiana

309 East Spring Street, New Albany, IN 47150

$4,700,000

52-unit multifamily property in New Albany, Indiana, renovated in 2019.

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Flats at Greentree Apartments
Flats at Greentree Apartments

1632 Greentree Blvd, Clarksville, IN 47129

$3,100,000

Stabilized multifamily property in Clarksville, Indiana with recent renovations.

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Clarksville Site for Development
Clarksville Site for Development

2.346 Acre Clarksville Site, Clarksville, IN 47129

$1,000,000
2.35 AC lot

2.346-acre site suitable for hotel, restaurant, retail, or apartments.

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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 Lot in Southern Hills
Residential Lot in Southern Hills

0.55 +/- AC Southern Hills Drive, Borden, IN 47106

Contact for pricing
0.55 AC lot

Building lot in lake community, build your dream home.

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Wooded Residential Building Lot
Wooded Residential Building Lot

Henryville Otisco Road, Otisco, IN 47163

$165,000
14.90 AC lot

Wooded 14.9-acre lot with 225 feet of road frontage and significant depth, suited for a homesite with privacy.

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Wooded Land with Road Frontage
Wooded Land with Road Frontage

Henryville Otisco Road, Otisco, IN 47163

$165,000
14.90 AC lot

Wooded 14.9-acre lot in Agri/Residential zoning with 225 feet of road frontage for home-site planning.

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Residential Lot in Floyds Knobs
Residential Lot in Floyds Knobs

S Skyline Court lot: 17, Floyds Knobs, IN 47119

$74,000
1.45 AC lot

Residential land in Woods of Skyline subdivision, Floyds Knobs.

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Off-Market Properties in Memphis, IN

Consider similar Off-Market properties in Memphis, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

117 Main St
APARTMENT HOUSE (UNDER 5 UNITS)

117 Main St, Memphis, IN 47143-8703

Value Estimation by Request
3,901 sqft · 0.64 AC lot
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Memphis, IN Residential Income Properties Market Trends and Statistics

Explore 4 residential income properties for sale in Memphis, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,793,000.

Sale prices for residential income properties in Memphis, IN start at $673,000, averaging $931,000, and reaching up to $1,430,000 — 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

Multifamily properties 3

Demographics Overview

Population 3,775
Population Growth (5Y) +25.3%
Median Household Income $133,147
College Educated 35.4%

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
47143 $931K

Taxes & Financing

Tax Rate (average for all types) 1.57%
Property Tax per SF $46.25 per SF
Tax Rate vs County Average 0.49 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Clark County

New Delisted

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