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    Shelby County, TN Residential Income Properties for Sale

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    Brick Duplex
    Brick Duplex

    2606 Deadrick Ave, Memphis, TN 38114

    $95,000
    919 sqft

    Two-unit residential income property with one-bedroom, one-bath layouts on each side.

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    4-Unit Multifamily Building in Progress
    4-Unit Multifamily Building in Progress

    226 E ALSTON Ave, Memphis, TN 38126

    $185,000

    Plans show four two-bedroom, one-bath units, with framing and plumbing work completed to reported milestones.

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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    1515 Madison Ave, Memphis, TN 38104

    Contact for pricing
    3,166 sqft

    Four units occupy the main structure, while a fifth sits above the garage alongside on-site laundry and gated parking.

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    25-Unit Apartment Property
    25-Unit Apartment Property

    1695 ONTARIO Ave, Memphis, TN 38127

    $1,695,000

    The two residential buildings may be acquired as a package or individually, with current management prepared to continue.

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    Southern Place Apartment Building
    Southern Place Apartment Building

    3465 Southern Ave, Memphis, TN 38111

    $1,667,500

    Established multifamily property with the option to acquire individually or alongside a five-property apartment portfolio.

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    Multifamily Apartment Building
    Multifamily Apartment Building

    625 Brister St., Memphis, TN 38111

    $1,980,000

    For sale multifamily apartment building at 625 Brister St., Memphis, Tennessee.

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    Apartment Conversion Opportunity
    Apartment Conversion Opportunity

    6020 Shelby Oaks Dr., Memphis, TN 38134

    $1,500,000

    Vacant hospitality property with an apartment redevelopment concept, including a newly installed roof and existing elevator infrastructure.

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    Multifamily Apartment Buildings
    Multifamily Apartment Buildings

    1060-1066 & 1070-1076 Merriwether Avenue, Memphis, TN 38105

    $2,275,000

    For-sale multifamily apartment buildings offering residential income housing in Memphis, Tennessee.

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    Condominium Income Property
    Condominium Income Property

    585 E PARKWAY PKY 6, Memphis, TN 38104

    $1,980,000

    Concrete midtown condo community with 34 total units and an 18-unit HOA control interest offered for sale.

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    Two-Unit Duplex with Rear Parking
    Two-Unit Duplex with Rear Parking

    1051 LAGRANGE Ave, Memphis, TN 38107

    $85,000
    1,404 sqft

    Each residence offers one bedroom, one bath, and central heating and air.

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    Multifamily Apartment Building
    Multifamily Apartment Building

    50 South Morrison Street & 100 N Cooper St., Memphis, TN 38104

    $2,520,000

    For-sale multifamily property offered at two Memphis addresses.

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    Commercial Land with Existing Building
    Commercial Land with Existing Building

    3604 Midland Ave, Memphis, TN 38111

    $350,000

    Former fraternity house near the University of Memphis, offered as-is with substantial repairs needed.

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    Renovated Duplex
    Renovated Duplex

    869 PEARCE St, Memphis, TN 38107

    $150,000

    Two-unit residential property with professional management already established.

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    14-Unit Apartment Building
    14-Unit Apartment Building

    1861 Corning Ave, Memphis, TN 38127

    $700,000

    Multifamily property with consistent two-bedroom, one-bathroom unit layouts and established tenant occupancy.

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    5-Unit Multifamily Property
    5-Unit Multifamily Property

    95 North Willett Street, Memphis, TN 38104

    $340,000

    The five-unit property has been used for short-term rentals and may also suit long-term leasing.

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    5-Unit Apartment Building
    5-Unit Apartment Building

    1173 Vance Avenue, Memphis, TN 38104

    $340,000

    The Memphis property is currently operated as short-term rentals, with the option to shift to long-term leasing.

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    Evergreen Terrace Apartment Building
    Evergreen Terrace Apartment Building

    1796 Poplar Avenue, Memphis, TN 38104

    $3,200,000

    Multi-residence property renovated in 2020 with an established Midtown setting.

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    19-Unit Apartment Building Portfolio
    19-Unit Apartment Building Portfolio

    32 N BELVEDERE BLVD #32-3, Memphis, TN 38104

    $1,533,000

    Unit mix includes one-, two-, and three-bedroom apartments with on-site parking and washer/dryer connections.

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    Live-Work Property with Office Use
    Live-Work Property with Office Use

    2151 Monroe Ave, Memphis, TN 38104

    $399,000

    RU-1 zoning includes a BOA variance permitting light office use.

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    Brick Two-Unit Duplex
    Brick Two-Unit Duplex

    5573 Apple Blossom Dr, Memphis, TN 38115

    $148,000

    Each side offers two bedrooms and one-and-a-half bathrooms in a professionally managed rental property.

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    Gated 23-Unit Apartment Building
    Gated 23-Unit Apartment Building

    1044 Delmar Ave, Memphis, TN 38105

    $1,150,000

    Updated one-bedroom apartments with central HVAC, perimeter fencing, and solar-powered controlled access.

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    Renovated Vacant Triplex
    Renovated Vacant Triplex

    1353 Harbert Ave, Memphis, TN 38104

    $340,000

    Three-unit residential property with updated major systems, private outdoor space, and rear off-street parking.

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    Triplex with Mixed Unit Layout
    Triplex with Mixed Unit Layout

    1954 MANILA Ave, Memphis, TN 38114

    $447,400

    Three-unit residential property with an established occupancy profile and one unit available for inspection.

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    Colonial Village Apartment Building
    Colonial Village Apartment Building

    2227 Airways Boulevard, Memphis, TN 38114

    $1,900,000

    Established multifamily asset built in 1963 near major employers.

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