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    Shelby County, TN Residential Income Properties for Sale

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    Memphis, TN Nashville, TN Knoxville, TN
    110 listings
    East Memphis Multifamily Investment Opportunity
    $914,900
    7,232 SF
    East Memphis Multifamily Investment Opportunity

    160 HAYDEN Pl, Memphis, TN 38111

    Renovated 10-unit property near Walnut Grove Road.
    • Immediate cash flow: Generating over $8,600 per month in rental income.
    • Newly renovated 10‑unit multifamily property.
    • High occupancy rate: Approximately 80% occupied.
    • Value‑add potential through lease‑up and rent optimization.
    • Highly accessible location near major employment centers, shopping, dining, and transportation.
    Updated: May 29
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    Gated Townhome Community in Memphis
    $1,650,000
    1,116 SF
    Gated Townhome Community in Memphis

    1961-1970 REMBERT Pl, Memphis, TN 38104

    Fully occupied, renovated townhomes near Overton Square. Perfect for investors.
    • 100% Occupied & Fully Renovated (2019): Immediate income generation with modern updates.
    • Prime Location: Heart of Midtown Memphis, near Overton Square, Overton Park, Memphis Zoo, and the Medical District.
    • No HOA or Deed Restrictions: Ideal for long‑term or short‑term rentals (Airbnb).
    • Gated Community: Enhanced security and privacy for residents.
    • Unit Features: 2 beds/2.5 baths with updated kitchens (granite, stainless steel), new flooring, and dedicated parking.
    Updated: Apr 24
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    19-Unit Multifamily Apartment Building
    $1,568,000
    946 SF
    19-Unit Multifamily Apartment Building

    Professionally managed 19-unit property with parking and washer/dryer connections, available for bulk purchase.

    32 N BELVEDERE Blvd, Memphis, TN 38104

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    Move-In Ready Central Gardens Duplex
    $329,000
    2,532 SF
    Move-In Ready Central Gardens Duplex

    Move-in ready duplex with separately metered units, updated finishes, and generous outdoor space for flexible living.

    1983 HARBERT Ave, Memphis, TN 38104

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    Midtown Triplex Income Opportunity
    $374,900
    3,408 SF
    Midtown Triplex Income Opportunity

    Three-unit triplex configuration offers a house-hack option with rental income potential in a central Midtown setting.

    1577 COURT Ave, Memphis, TN 38104

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    Turnkey Duplex with Long-Term Tenants
    $165,000
    3,033 SF
    Turnkey Duplex with Long-Term Tenants

    Two leased units with 2018 renovations and in-place tenants through 2026 in Memphis, TN.

    5429 JASMINE Cv, Memphis, TN 38115

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    Historic Craftsman Duplex in Midtown
    $450,000
    3,998 SF
    Historic Craftsman Duplex in Midtown

    1916 duplex in Memphis' Historic Evergreen District.

    201 STONEWALL St, Memphis, TN 38112

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    Historic Hewn-Stone Duplex
    $295,000
    3,738 SF
    Historic Hewn-Stone Duplex

    1920s duplex with hardwood floors and spacious units featuring five bedrooms and three bathrooms, offered for sale as-is.

    173 N WILLETT St, Memphis, TN 38104

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    Renovated Duplex with Two Leases
    $215,000
    1,656 SF
    Renovated Duplex with Two Leases

    Renovated duplex with two current tenants and staggered lease expirations through 2027.

    1352 S COOPER St, Memphis, TN 38114

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    Five-Unit Multifamily Property
    $425,000
    3,166 SF
    Five-Unit Multifamily Property

    Five-unit complex with gated parking and on-site laundry, offering rental income potential and live-in flexibility.

    1515 MADISON Ave, Memphis, TN 38104

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    Memphis Garden Apartment Building
    $299,400
    3,772 SF
    Memphis Garden Apartment Building

    Five-unit apartment building near Downtown Memphis, recently renovated.

    1025 S WELLINGTON St, Memphis, TN 38126

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    Memphis Duplex with Leased Units
    $189,900
    1,606 SF
    Memphis Duplex with Leased Units

    Turnkey duplex generating income with long-term tenants in place.

    3151 HIGHLAND PARK Pl, Memphis, TN 38111

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    Renovated Fourplex Near Liberty Park
    $499,000
    2,850 SF
    Renovated Fourplex Near Liberty Park

    Newly renovated fourplex near Cooper-Young and Liberty Park development.

    1072 S BARKSDALE St, Memphis, TN 38114

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    Memphis Multifamily Property For Sale
    $120,000
    Memphis Multifamily Property For Sale

    Multifamily property with upgrades and rental income potential.

    564 W PEEBLES Rd, Memphis, TN 38109

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    Townhome-Style Multifamily Community
    $650,000
    20,956 SF
    Townhome-Style Multifamily Community

    Renovation-ready 21-unit multifamily with two-bedroom layouts and in-unit washer/dryer connections.

    4390 KAMALI Ct, Memphis, TN 38128

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    Refreshed 4-Plex Next to Park
    $275,000
    2,700 SF
    Refreshed 4-Plex Next to Park

    Updated 4-plex with income potential near park in Memphis.

    1493 GAITHER St, Memphis, TN 38106

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    Memphis Duplex Investment Opportunity
    $274,000
    2,808 SF
    Memphis Duplex Investment Opportunity

    Tenant-occupied duplexes near Crosstown Concourse, a prime investment location.

    1319 PEACH Ave, Memphis, TN 38104

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    Two-Unit Duplex Income Property
    $178,900
    2,025 SF
    Two-Unit Duplex Income Property

    Well maintained duplex with recent major updates, offering one unit ready to show and another currently rented.

    3312 POWELL Ave, Memphis, TN 38122

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    Cash-Flowing Duplex in Memphis
    $144,900
    1,694 SF
    Cash-Flowing Duplex in Memphis

    Turnkey duplex generating $1,460/month with long-term tenants.

    508 E DISON Ave, Memphis, TN 38106

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    Occupied Duplex Investment Opportunity
    $185,000
    2,709 SF
    Occupied Duplex Investment Opportunity

    Duplex in Memphis, TN with tenants and professional management.

    996 UNIVERSITY St, Memphis, TN 38107

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    Cash Flowing Duplex in Memphis
    $159,900
    1,802 SF
    Cash Flowing Duplex in Memphis

    Fully renovated duplex generating $1,725 monthly income, long-term tenants.

    948 SPRINGDALE St, Memphis, TN 38108

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    Triplex with Three Rental Units
    $475,000
    Triplex with Three Rental Units

    Triplex with one 1-bedroom and two 2-bedroom units, including two tenant-occupied rentals and one vacant unit.

    1954 MANILA Ave, Memphis, TN 38114

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    Mobile Home Park and Restaurant
    $300,000
    Mobile Home Park and Restaurant

    Mobile home park with leased restaurant and tenant-occupied units on busy road frontage.

    3023 LAMAR Ave, Memphis, TN 38114

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    Memphis Duplex Investment Opportunity
    $138,000
    1,340 SF
    Memphis Duplex Investment Opportunity

    Tenant-occupied duplexes near Crosstown Concourse, a prime investment location.

    1327 PEACH Ave, Memphis, TN 38104

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    Shelby County, TN Residential Income Properties Investment Opportunities Market Analysis

    Explore 110 residential income properties for sale in Shelby County, TN, showcased through 110 active listings on our real estate platform. These investment opportunities span a total of 478,741 square feet of properties for sale, with an estimated market value of $46,827,669.

    Sale prices for residential income properties in Shelby County, TN start at $44,900, averaging $624,368, and reaching up to $12,000,000 — 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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