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    Memphis, MO
    Residential Income

    Memphis, MO Residential Income Properties for Sale

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    Arbela, MO Luray, MO Bloomfield, IA Edina, MO Lancaster, MO Kahoka, MO Hurdland, MO Greentop, MO
    Renovated Apartment Building
    Updated: Nov 11, 2024
    Renovated Apartment Building

    232 S Market St, Memphis, MO 63555

    Contact for pricing
    6,120 sqft
    Six‑unit apartment building totaling 6,120 sq ft
    HUD‑approved property at 232 S Market St, one block south of the Memphis square
    Unit mix includes one 2‑bedroom, 2‑bath apartment and five 1‑bedroom, 1‑bath apartments
    Three units renovated in 2022 with updated interiors, windows, cabinetry, appliances, flooring, and fixtures
    New rubber roof installed in 2022
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 1 Active listings in Memphis, MO, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 Off-Market properties to explore as potential leads, plus 1 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.

    Motel Property with Redevelopment Potential
    Motel Property with Redevelopment Potential

    905 S Washington Street, Bloomfield, IA

    $1,200,000
    3.50 AC lot

    Existing motel improvements feature brick and block construction with public water and sewer service.

    View details
    Occupied Two-Unit Duplex
    Occupied Two-Unit Duplex

    402 S Columbia Street, Bloomfield, IA 52537

    $149,000
    1,044 sqft

    Two two-bedroom, one-bath units are occupied, with tenants responsible for utilities.

    View details
    2020 Two-Unit Ranch Duplex
    2020 Two-Unit Ranch Duplex

    1305 N Green Street, Kirksville, MO 63501

    $239,900

    Single-level units provide two bedrooms, one full bath, central air conditioning, and electric heat.

    View details
    Duplex With Updated Interiors
    Duplex With Updated Interiors

    410 E Buchanan, Kirksville, MO 63501

    $65,000

    Separately metered duplex with one occupied unit and a vacant lower residence ready for occupancy or leasing.

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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 Bowers Addition
    Residential Lot in Bowers Addition

    Meadow Lane, Kirksville, MO 63501

    $34,500
    0.67 AC lot

    Spacious residential lot in Kirksville's desirable Bowers Addition.

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    Off-Market Properties in Memphis, MO

    Consider similar Off-Market properties in Memphis, MO. 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.

    232 Market St
    Multifamily properties

    232 Market St, Memphis, MO 63555

    Value Estimation by Request
    6,120 sqft 0.11 AC lot
    View details
    424 Market St
    Multifamily properties

    424 Market St, Memphis, MO 63555

    Value Estimation by Request
    0.46 AC lot
    View details
    Market St
    APARTMENT HOUSE (UNDER 5 UNITS)

    Market St, Memphis, MO 63555

    $270,000
    Estimated value
    12,040 sqft 0.19 AC lot
    View details
    Knott St
    APARTMENT HOUSE (UNDER 5 UNITS)

    Knott St, Memphis, MO 63555

    $445,000
    Estimated value
    480 sqft 7.20 AC lot
    View details
    Market
    APARTMENT HOUSE (UNDER 5 UNITS)

    Market, Memphis, MO 63555

    $230,000
    Estimated value
    2,432 sqft 0.05 AC lot
    View details
    Memphis, MO 63555
    APARTMENT HOUSE (UNDER 5 UNITS)

    Memphis, MO 63555

    $525,000
    Estimated value
    1,152 sqft 0.63 AC lot
    View details
    Memphis, MO 63555
    APARTMENT HOUSE (UNDER 5 UNITS)

    Memphis, MO 63555

    $230,000
    Estimated value
    2,200 sqft 0.66 AC lot
    View details

    Memphis, MO Residential Income Properties Market Trends and Statistics

    Explore 8 residential income properties for sale in Memphis, MO on our real estate platform. These investment opportunities span a total of 6,120 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Multifamily properties 1

    Demographics Overview

    Population 3,193
    Population Growth (5Y) +0.9%
    Median Household Income $65,096
    College Educated 23.1%

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