Memphis, TX Residential income properties for sale

Updated: May 8

Memphis, TX Duplex Investment

1217 Montgomery Street, Memphis, TX 79245

$40,000

1,404 sqft 0.12 AC lot

Bricked exterior duplex built in 1930
Duplex layout with a 1 bed, 1 bath on each side
Rear covered carport parking
Composition roof
Original main sewer line has been replaced

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Memphis, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Residential Income Portfolio

33 Package Property, Tulia, TX 79088

$1,799,000

37,990 sqft 0.20 AC lot

Cash-flowing rental package with reported 94% occupancy and an 8.5% cap rate across multiple properties.

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New Amarillo Multifamily Investment Opportunity

4150 Clive Avenue, Amarillo, TX 79118

$650,000

4,992 sqft 1.02 AC lot

Two duplexes on one lot in a new subdivision.

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Duplex with Two Rented Homes

210 N Floyd Avenue, Tulia, TX 79088

$99,995

2,238 sqft 0.36 AC lot

Two separate homes on one lot offer central HVAC, porches, and a fully remodeled second residence, both currently rented.

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Amarillo KOA Journey Campground

1100 Folsom Rd, Amarillo, TX 79108

$5,600,000

Established RV campground on I-40 corridor with income potential.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Development Tract Split by Railroad

TBD Country Club Drive, Childress, TX 79201

$470,000

94.00 AC lot

Large contiguous tract within city limits offering commercial/light industrial and residential development options.

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Development Land Near Lake Scott

Farm To Market Road 2042, Childress, TX 79201

$532,500

71.00 AC lot

71 acres near Childress, TX, ideal for residential development.

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Cleared Triple Lot in Recreation Area

Pampa Street lot: 493-495, Howardwick, TX 79226

Contact for pricing

0.23 AC lot

Ready-to-build, cleared land with municipal water access and paved road access in a lakeside recreation community.

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Residential Development Land in Childress

1000 Avenue C NE, Childress, TX 79201

$120,000

2.07 AC lot

2.07 acre residential development opportunity with city utilities.

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Memphis, TX Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Memphis, TX on our real estate platform. These investment opportunities span a total of 1,404 square feet of properties for sale, with an estimated market value of $40,000.

Sale prices for residential income properties in Memphis, TX start at $40,000, averaging $40,000, and reaching up to $40,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
79245	$120K

Neighborhood

Average Price

79245

$120K

Memphis, TX Residential Income Properties for Sale

1217 Montgomery Street, Memphis, TX 79245