Triplex

Memphis, TN Triplexes for Sale

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Southaven, MS Olive Branch, MS Horn Lake, MS Walls, MS Lake, MS Nesbit, MS Piperton, TN Lake Cormorant, MS
8 properties
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Residential Triplex
Updated: May 11
Residential Triplex

1577 COURT Ave, Memphis, TN 38104

$374,500
3,408 sqft
Three‑unit residential triplex
3,408 square feet of property size
Built in 1910
Owner‑occupant setup with two additional rental units
Located at 1577 COURT Ave, Memphis, TN 38104
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1577 COURT Ave, Memphis, TN 38104

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Triplex with Mixed Unit Layout
Updated: May 21
Triplex with Mixed Unit Layout

3569 DOUGLASS Ave, Memphis, TN 38111

$280,000
1,514 sqft
Three‑unit triplex configuration
1,514 square feet of property size
Unit mix includes 3 bedrooms and 2 baths, 2 bedrooms and 1 bath, and 1 bedroom and 1 bath
Built in 1920
Located at 3569 DOUGLASS Ave, Memphis, TN 38111
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Triplex with Mixed Unit Layout
Triplex with Mixed Unit Layout

1954 MANILA Ave, Memphis, TN 38114

$465,000

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

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Triplex With Varied Unit Mix
Triplex With Varied Unit Mix

3569 Douglass Ave, Memphis, TN 38111

$280,000
1,514 sqft

Three residential units offer a combination of two-, three-, and one-bedroom layouts in Memphis.

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Memphis Triplex Investment Opportunity
Memphis Triplex Investment Opportunity

1531 Court Ave, Memphis, TN 38103

$363,000
2,580 sqft

Triplex in 38104, currently operating as short-term rental.

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Three-Unit Multifamily Property
Three-Unit Multifamily Property

702 N DUNLAP ST, Memphis, TN 38107

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2,536 sqft

Three-unit multifamily property offered for sale with total size of 2,536 square feet.

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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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Renovated Triplex Investment
Renovated Triplex Investment

1664 South Lauderdale Street, Memphis, TN 38106

$165,000

Freshly renovated triplex in South Memphis with rental income potential and access to public transportation and shopping.

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 8 Active listings in Memphis, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Brick Triplex With Ranch Layout
Brick Triplex With Ranch Layout

2210 Clark Street, Jonesboro, AR 72401

$319,900
2,380 sqft 0.32 AC lot

Three residential units feature consistent two-bedroom layouts, central climate control, and durable stained concrete flooring.

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Triplex With Highway Visibility
Triplex With Highway Visibility

775 & 785 Christie Street, Dyersburg, TN 38024

$94,900
3,945 sqft 0.82 AC lot

Metal-sided property on public utilities with garage and open parking areas.

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All-Brick Triplex
All-Brick Triplex

2210 Clark St, Jonesboro, AR 72401

$319,900

Three two-bedroom units provide one bath each, stained concrete floors, and a broad appliance package.

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Triplex with Porch
Triplex with Porch

907 Central Street, Dyersburg, TN 38024

$30,000

Vacant property with varied exterior materials, central climate control, appliance packages, a porch, and a deck.

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Memphis, TN Triplexes Market Trends and Statistics

Explore 8 triplexes for sale in Memphis, TN, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 11,552 square feet of properties for sale, with an estimated market value of $2,267,500.

Sale prices for three-family homes in Memphis, TN start at $165,000, averaging $323,928, and reaching up to $465,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 102
Apartment buildings 58
Quadplexes 8
Short term rental properties 8
Triplexes 8

Demographics Overview

Population 718K
Population Growth (5Y) -3.1%
Median Household Income $61,271
College Educated 18.4%

High-Yield Neighborhoods for Investment

Identify Memphis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
38106 $165K
38111 $219.5K
38104 $362.3K
38114 $482K

Taxes & Financing

Tax Rate (average for all types) 5.80%
Property Tax per SF $85.96 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Shelby County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Shelby County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Memphis fall within the 100,000+ square foot range.

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