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    Shelby County, TN Residential Income Properties for Sale

    70 results
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    Renovated Fourplex in Memphis
    $225,000

    Renovated Fourplex in Memphis

    1086 S Bellevue Blvd, Memphis, TN 38106

    Turnkey fourplex with immediate income potential in Memphis, Tennessee.

    • Immediate income stream from existing tenant ($600/month).
    • Opportunity to increase cash flow by leasing remaining three units.
    • Turnkey property requiring minimal immediate effort.
    • Strong rental market location.
    • Suitable for both new and experienced investors.
    Updated: Oct 12, 2025
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    Memphis Rooming House Opportunity
    $172,000

    Memphis Rooming House Opportunity

    488 Laclede Ave, Memphis, TN 38126

    Well-kept 10-bedroom rooming house in Memphis, Tennessee.

    • 10‑bedroom rooming house offers significant income potential.
    • Well‑kept condition suggests lower maintenance costs.
    • Tenants on standby provide immediate occupancy potential.
    • Efficient layout maximizes space and functionality.
    • Built in 1912, the property may have unique architectural details.
    Updated: Nov 20, 2025
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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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    Memphis Fourplex Near Union Station
    $399,800

    Memphis Fourplex Near Union Station

    Charming, fully leased fourplex near development, great investment opportunity.

    1009 Rozelle St, Memphis, TN 38114
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    Central Gardens Multifamily Investment
    $525,000

    Central Gardens Multifamily Investment

    Five-unit building in desirable Central Gardens neighborhood.

    1450 Peabody Ave, Memphis, TN 38104
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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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    Memphis Multifamily Investment Opportunity
    $204,900

    Memphis Multifamily Investment Opportunity

    Four-unit apartment building in Memphis, Tennessee, being sold as-is.

    1431 Latham St, Memphis, TN 38106
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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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    Commercial Property with Apartment, Offices
    $225,900

    Commercial Property with Apartment, Offices

    Commercial property featuring offices, apartment, and storage basement.

    3682 Millbranch Rd, Memphis, TN 38116
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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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    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 Fourplex Investment Opportunity
    $215,000

    Memphis Fourplex Investment Opportunity

    Vacant fourplex in Memphis, TN, with income potential.

    1627 Barton St, Memphis, TN 38106
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    Memphis Triplex Investment Opportunity
    $460,750

    Memphis Triplex Investment Opportunity

    Triplex with three units, income potential, convenient location.

    2006 Felix Ave, Memphis, TN 38104
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    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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    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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    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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    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
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    Condo Near Overton Park
    $99,500

    Condo Near Overton Park

    Condo with gated parking, pool, and in-unit laundry hookups.

    3080 Walnut Grove Rd, Memphis, TN 38111
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    Low-Maintenance Condo with Modern Kitchen
    $249,900

    Low-Maintenance Condo with Modern Kitchen

    Charming 2-bedroom condo with updated kitchen and convenient amenities.

    1753 Appling Oaks Cir, Cordova, TN 38016
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    Updated Condo in Quaint Community
    $254,900

    Updated Condo in Quaint Community

    Updated 2 bed, 1.5 bath condo with community amenities.

    2240 Germantown Sq W, Germantown, TN 38138
    View details

    Shelby County, TN Residential Income Properties Investment Opportunities Market Analysis

    Explore 1655 residential income properties for sale in Shelby County, TN, showcased through 70 active listings on our real estate platform. These investment opportunities span a total of 119,864,409 square feet of properties for sale, with an estimated market value of $1,282,139,890.

    Prices for residential income properties in Shelby County, TN start at $50,000, averaging $1,156,122, 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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    Residential income properties by market

    Browse Residential income properties for Sale Near Shelby, TN

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