Residential Income

Tennessee Residential Income Properties for Sale

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Memphis, TN Nashville, TN Chattanooga, TN Knoxville, TN Jackson, TN Kingsport, TN Sevierville, TN Johnson City, TN
1,379 properties
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Renovated Quadplex with Mountain Views
Updated: Aug 22
Renovated Quadplex with Mountain Views

4222 Dollys Drive, Sevierville, TN 37876

$1,845,000
6,360 sqft 1.41 AC lot
6,360‑square‑foot quadplex on 1.41 acres
Units A, B and C: 3BR/2.5BA townhome layouts; Unit D: 2BR/2BA
Potential conversion above Unit C into a 5th unit of approximately 1400sqft
Long‑range Smoky Mountain views from the rear of each unit
New metal roof, HVACs, hot water heaters, smart locks and upgraded plumbing
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Four-Unit Duplex Package
Updated: Aug 26
Four-Unit Duplex Package

1063 - 1065 & 1085 - 1087 Craig Drive, Milan, TN 38358

$580,000
4,479 sqft 0.64 AC lot
Two duplex buildings with 4 total units and 4,479 square feet
0.64‑acre property at 1063 - 1065 & 1085 - 1087 Craig Drive, Milan, TN 38358
Current leases are in place through 2027
Separate gas and electric meters allow tenants to pay their own utilities
New architectural shingle roof on the 1063‑1065 duplex
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Four-Duplex Multifamily Property
Four-Duplex Multifamily Property

3229 Blue Springs Road, Strawberry Plains, TN 37871

$1,250,000
7,984 sqft 1.30 AC lot

Eight-unit income property on 1.3 acres with commercial zoning and seven leased units.

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Apartment Property With Main House
Apartment Property With Main House

605 S Lake Dr, Oneida, TN 37841

$525,000
7,576 sqft 3.60 AC lot

Multiple rental units accompany a three-bedroom, two-bath main house on a spacious lake-area site.

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4-Property Short-Term Rental Portfolio
4-Property Short-Term Rental Portfolio

4137 Watson, Pigeon Forge, TN 37863

$2,300,000
5,731 sqft 2.48 AC lot

Furnished vacation-rental holdings with established guest reviews, central amenities, and operating history across Pigeon Forge and Sevierville.

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Turnkey Furnished Short-Term Rental Cabins
Turnkey Furnished Short-Term Rental Cabins

1828 Beach Front Drive, Sevierville, TN 37876

$1,800,000
6,108 sqft 0.83 AC lot

Three newer-construction, fully furnished cabins built in 2023, offered as a package with existing rental revenue.

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Updated Three-Unit Triplex
Updated Three-Unit Triplex

835 Tremont Street, Chattanooga, TN 37405

$550,000
2,953 sqft 0.23 AC lot

1920 property with varied unit layouts, private outdoor areas, rear parking, a detached garage, and basement storage.

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Mixed-Use Property with Restaurant
Mixed-Use Property with Restaurant

7386 Mount Carmel Rd, Decaturville, TN 38329

$650,000
6,400 sqft 1.38 AC lot

6,400-square-foot property combines a grocery market, family restaurant, billiards room, apartments, outdoor seating, and equipment storage.

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5-Unit Short-Term Rental Property
5-Unit Short-Term Rental Property

109/115 E Glenwood Ave, Knoxville, TN 37917

$1,099,900
4,907 sqft 0.28 AC lot

Two renovated neighboring buildings offer private entrances, in-unit laundry, and shared off-street parking near Downtown Knoxville.

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46-Unit Apartment Portfolio
46-Unit Apartment Portfolio

3439 SOUTHERN Ave, Memphis, TN 38111

$1,900,000
7,000 sqft

Six-building multifamily property near the University of Memphis.

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Furnished Quadplex with Mountain Views
Furnished Quadplex with Mountain Views

549 S Crest Rd, Chattanooga, TN 37404

$985,000
4,420 sqft

Four furnished units include full kitchens, laundry appliances, and spacious living and dining areas.

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Mixed-Use Building with Lofts
Mixed-Use Building with Lofts

16,18,20 6th Street, Bristol, TN 37620

$1,200,000
10,350 sqft

Six lofts and three leased commercial spaces combine residential and business uses in downtown Bristol.

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Lakefront Campground Property
Lakefront Campground Property

246 Cherokee Boat Dock Road, Mooresburg, TN 37811

$1,100,000
1,200 sqft 3.40 AC lot

Residential-zoned campground with lake frontage, RV sites, bathhouse, and a flexible three-bedroom building.

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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

151 Covington Ln, Dickson, TN 37055

$789,900
5,491 sqft 5.10 AC lot

Income-producing property combines renovated apartments, commercial space, and acreage under commercial zoning without an HOA.

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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

7386 Mount Carmel Road, Decaturville, TN 38329

$650,000
6,400 sqft 1.38 AC lot

Market, restaurant, billiards, and residential space combine within a flexible commercial property.

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Fully Renovated 8-Unit Apartment Building
Fully Renovated 8-Unit Apartment Building

183 Campbell Street, Jackson, TN 38301

$1,250,000
5,724 sqft 0.34 AC lot

Move-in-ready, fully renovated units with split HVAC systems in a two-story brick multifamily building.

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46-Unit Apartment Portfolio
46-Unit Apartment Portfolio

3439 Southern Ave, Memphis, TN 38111

$1,900,000
7,000 sqft

Multifamily asset within walking distance of the University of Memphis.

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6-Unit Brick Apartment Building
6-Unit Brick Apartment Building

Mc Donald, TN 37353

$599,000
3,888 sqft 1.00 AC lot

Individual unit metering supports a straightforward utility arrangement, with residents paying their own utilities and ownership covering trash service.

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Renovated Apartment Building With Dual Kitchens
Renovated Apartment Building With Dual Kitchens

1021 31st Ave, N, Nashville, TN 37209

$1,049,901
4,129 sqft

Fully updated brick property near Tennessee State University with flexible room-rental and shared-living configurations.

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Duplex with Separate Guest Home
Duplex with Separate Guest Home

486 Steer Creek Road, Tellico Plains, TN 37385

$649,000
2,140 sqft

Separate guest residence, oversized garage, and storage buildings expand the property's residential and utility options.

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Lakefront Campground with Marina History
Lakefront Campground with Marina History

246 Cherokee Boat Dock Road, Mooresburg, TN 37811

$1,100,000
1,200 sqft 3.40 AC lot

Peninsula-style campground with established RV sites, shoreline improvements, and an office building adaptable to several property uses.

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Two-Home Multifamily Property
Two-Home Multifamily Property

1670 /1680 Goodfield Rd, Decatur, TN 37322

$540,000
4,428 sqft

Two updated residences share a level acreage setting with flexible living layouts and separate gravel driveways.

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Multifamily Property with 19 Rooms
Multifamily Property with 19 Rooms

459 N Main St, Lexington, TN 38351

$950,000
9,888 sqft

Multiple rooms, bathrooms, sinks, HVAC systems, and parking support evaluation of residential income or hospitality uses.

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Historic Riverfront Apartment Building
Historic Riverfront Apartment Building

2000 Netherland Inn Road, Kingsport, TN 37660

$1,149,000
10,034 sqft 0.60 AC lot

Income-focused multifamily asset with updated units and riverfront views near downtown Kingsport amenities.

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Tennessee Residential Income Properties Market Trends and Statistics

Explore 1379 residential income properties for sale in Tennessee, showcased through 1379 active listings on our real estate platform. These investment opportunities span a total of 5,056,587 square feet of properties for sale, with an estimated market value of $1,013,317,506.

Sale prices for residential income properties in Tennessee start at $30,000, averaging $944,377, and reaching up to $35,250,000 — 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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