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    Memphis, TN Residential Income Properties for Sale

    66 results
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    New
    Turnkey Multifamily in Memphis, TN
    $349,000

    Turnkey Multifamily in Memphis, TN

    1304 Horace St, Memphis, TN 38106

    Fully leased 6-unit apartment building with strong cash flow.

    • Turnkey 6‑unit multifamily property, ready for immediate income.
    • Fully leased with new 12‑month agreements in place.
    • Strong cash flow with future rent optimization potential.
    • All units are 2BD/1BA.
    • Enjoy convenient access to shopping, grocery, and transit lines.
    Last Update: Dec 3
    View details
    New
    Memphis Fourplex Investment Opportunity
    $215,000

    Memphis Fourplex Investment Opportunity

    1627 Barton St, Memphis, TN 38106

    Vacant fourplex in Memphis, TN, with income potential.

    • Fully vacant quadplex: Immediate income potential upon renovation and tenant placement.
    • Each unit has 2 bedrooms and 1 bathroom: Desirable unit configuration for renters.
    • Potential for high rental income: Target rent of $700-$1000 per unit.
    • Low maintenance exterior: Reduces ongoing maintenance costs.
    • Separate utility meters for each unit (electric, gas, water): Tenants pay all utilities, reducing landlord expenses (confirmation needed).
    Last Update: Dec 3
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    New
    Central Gardens Multifamily Investment
    $545,000

    Central Gardens Multifamily Investment

    Five-unit building in desirable Central Gardens neighborhood.
    1450 Peabody Ave, Memphis, TN 38104
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    New
    Spacious Duplex Near I-40
    $259,000

    Spacious Duplex Near I-40

    Duplex with owner-occupancy option, near shopping and I-40.
    2217 Goldbrier Ln, Memphis, TN 38134
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    New
    Memphis Duplex: Investor Opportunity
    $145,000

    Memphis Duplex: Investor Opportunity

    Tenant-occupied duplex in Memphis, Tennessee, recently updated and cash-flowing.
    2336 Boyle Ave, Memphis, TN 38114
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    New
    Memphis Garden Apartment Building
    $312,895

    Memphis Garden Apartment Building

    Centrally located 5-unit apartment building near Downtown Memphis.
    1025 S Wellington St, Memphis, TN 38126
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    Tenant-Occupied Duplex For Sale
    $155,000

    Tenant-Occupied Duplex For Sale

    Duplex generating $1,790 monthly income, ideal for investors.
    3536 Christine Rd, Memphis, TN 38118
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    Memphis Triplex with Extra Lots
    $149,000

    Memphis Triplex with Extra Lots

    Income-producing triplex with two extra lots in Memphis.
    279 W Person Ave, Memphis, TN 38109
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    Renovated Memphis Fourplex For Sale
    $315,000

    Renovated Memphis Fourplex For Sale

    Renovated fourplex in Memphis, TN with Section 8 tenants.
    285 Lucy Ave, Memphis, TN 38106
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    Memphis Rooming House Opportunity
    $172,000

    Memphis Rooming House Opportunity

    Well-kept 10-bedroom rooming house in Memphis, Tennessee.
    488 Laclede Ave, Memphis, TN 38126
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    Downtown Memphis Townhome at Carolina
    $349,999

    Downtown Memphis Townhome at Carolina

    Updated 2BR, 2.5BA townhome near downtown Memphis.
    89 W Carolina Ave W, Memphis, TN 38103
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    Memphis Fourplex Near Union Station
    $399,800

    Memphis Fourplex Near Union Station

    Charming, fully leased fourplex near Central Gardens and Cooper Young.
    1009 Rozelle St, Memphis, TN 38114
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    Memphis Apartment Building with Potential
    $379,000

    Memphis Apartment Building with Potential

    Six-unit apartment building in Memphis, Tennessee, with renovation potential.
    487 Williams Ave, Memphis, TN 38126
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    Commercial Property with Apartment, Memphis
    $225,900

    Commercial Property with Apartment, Memphis

    Commercial space with offices, storage, and attached apartment.
    3682 Millbranch Rd, Memphis, TN 38116
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    Memphis Triplex Investment Opportunity
    $485,000

    Memphis Triplex Investment Opportunity

    Triplex with three units, income potential, convenient location.
    2006 Felix Ave, Memphis, TN 38104
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    Memphis Apartment Building Investment Opportunity
    $1,250,000

    Memphis Apartment Building Investment Opportunity

    Multifamily property in Memphis, TN with renovation and MHA contracts.
    3250 Guernsey Ave, Memphis, TN 38112
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    Renovated Home Plus Rental Unit
    $139,900

    Renovated Home Plus Rental Unit

    Two homes on one lot, renovated and income-producing.
    564 W Peebles Rd, Memphis, TN 38109
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    Memphis Apartment Complex Near Midtown
    $900,000

    Memphis Apartment Complex Near Midtown

    27-unit apartment complex near Midtown Memphis with renovation potential.
    2116 Howell Ave, Memphis, TN 38108
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    Renovated Fourplex in Memphis
    $225,000

    Renovated Fourplex in Memphis

    Turnkey fourplex with immediate income potential in Memphis, Tennessee.
    1086 S Bellevue Blvd, Memphis, TN 38106
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    Renovated Apartment Building in Memphis
    $355,000

    Renovated Apartment Building in Memphis

    Updated 5-unit apartment building with strong rental potential.
    1281 Lion St, Memphis, TN 38107
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    Updated Condo in Fountain Square
    $190,000

    Updated Condo in Fountain Square

    Updated 3-bedroom, 2.5-bathroom condo in Germantown's Fountain Square community.
    6617 S Poplar Woods Cir, Germantown, TN 38138
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    Downtown Memphis Studio Condo
    $109,000

    Downtown Memphis Studio Condo

    Studio condo in gated community, downtown Memphis, near South Main.
    720 Litty Ct, Memphis, TN 38103
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    Downtown Memphis Condo with Amenities
    $335,000

    Downtown Memphis Condo with Amenities

    Exclusive condo with stunning views and comprehensive amenities in Memphis.
    655 Riverside Dr, Memphis, TN 38103
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    Downtown Condo with River Views
    $259,000

    Downtown Condo with River Views

    Two-bedroom condo with Mississippi River views and modern updates.
    200 Wagner Pl, Memphis, TN 38103
    View details

    Memphis, TN Residential Income Properties Investment Opportunities Market Analysis

    Explore 1531 residential income properties for sale in Memphis, TN, showcased through 66 active listings on our real estate platform. These investment opportunities span a total of 100,457,298 square feet of properties for sale, with an estimated market value of $1,159,208,885.

    Prices for residential income properties in Memphis, TN start at $50,000, averaging $1,080,343, and reaching up to $29,820,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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    Browse Residential income properties for Sale Near Memphis, TN

    Popular Searches in Memphis, TN

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    Most Searched ZIP Codes in Memphis, TN

    • 38126
    • 38104
    • 38128
    • 38133
    • 38103
    • 38107
    • 38112
    • 38106
    • 38109
    • 38118
    • 38105
    • 38116

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