Memphis Homes with Apartment Building Subtype

Memphis Homes with Apartment Building Subtype

Welcome to Memphis, Tennessee – a city where rich history meets modern living! Nestled in Shelby County, Memphis is a vibrant hub known for its soulful music, mouthwatering barbecue, and friendly Southern charm. Whether you’re strolling down Beale Street, exploring the iconic Sun Studio, or enjoying a peaceful afternoon at the Memphis Botanic Garden, this city offers a unique blend of culture and community.

If you’re considering a move to Memphis, the real estate market is as diverse as its residents. One of the most appealing options for homebuyers and investors alike is the charming homes with apartment building subtypes. These properties offer a fantastic opportunity for those looking to maximize their investment while enjoying the benefits of living in a bustling urban environment.

Imagine owning a multi-family home that not only provides you with a comfortable living space but also generates rental income. These homes often feature spacious layouts, modern amenities, and are located in desirable neighborhoods that are close to schools, parks, and local attractions. Whether you’re interested in a historic duplex in Midtown or a contemporary triplex in East Memphis, there’s a variety of options to suit your lifestyle and investment goals.

Memphis is more than just a place to live; it’s a community filled with warmth and opportunity. With a growing job market, a rich cultural scene, and a lower cost of living compared to many other cities, it’s no wonder that more people are choosing to call Memphis home. Discover the potential of Memphis real estate today and find your perfect home with apartment building subtypes in this dynamic city!

Newest Memphis Homes with Apartment Building Subtype

Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No wholesaler or assignment of contract offers will be accepted.

3969 Southlawn Ave, Memphis

Listing courtesy of CrestCore Realty MphsBrokerage.

Fully electric 5-unit multifamily property with 3 occupied units generating $2,718/month in rental income. Property was fully renovated approximately 5 years ago with new roof, HVAC systems, water heaters, and flooring. Two units are currently leased through Section 8. Two vacant units offer additional income potential. Do not disturb tenants. No showings until accepted offer.

712 N Fifth St, Memphis

Listing courtesy of Renshaw Company, REALTORS.

This Midtown property consists of 8 one-bedroom units. Each featuring central Hvac, range, refrigerator, and in-unit washer and dryers—amenities that continue to support strong tenant demand and retention. Significant renovations have been completed throughout the property, minimizing near-term capital expenditure requirements for a new owner. The current scheduled income is $6,928 per month providing a steady revenue stream. Please do not disturb residents..Drive by only please

1616 Monroe Ave, Memphis

Listing courtesy of Crye-Leike Commercial.

Fourplex near Crosstown Concourse. Fully occupied.

520 N Mcneil St, Memphis

Listing courtesy of Sowell, Realtors.

Investment opportunity in North Memphis with immediate cash flow and value add potential. This property is currently stabilized and producing income, offering investors the opportunity to acquire an asset with upside through rent growth and continued management. Current rents are below market in several units, creating the potential to increase revenue over time while maintaining occupancy. Conveniently located near major employment corridors, retail amenities, and transportation routes. Ideal for investors seeking a cash flowing asset with the ability to improve returns through strategic rent adjustments and operational efficiencies. Financial information, rent roll, and additional property details available upon request.

1861 Corning Ave, Memphis

Listing courtesy of Grand Point Realty, LLC.

Centrally located near Downtown Memphis, LeMoyne-Owen College, and the Stax Museum, this 5-Unit Garden apartment is sure to impress! New iron stairs on both ends were replaced March 2024. New roof, plumbing, electrical, and mechanical work completed January 2022. Currently 80% occupied. Annual scheduled rents of $38,820, with potential of $42,000 annual rents. Investors only, please call for more information!

1025 S Wellington St, Memphis

Listing courtesy of Sowell, Realtors.

706 N. Fifth Street presents a rare opportunity to acquire a renovated 5-unit multifamily property just north of the rapidly expanding St. Jude Children's Research Hospital campus, which is undergoing a $500 million expansion. Recent improvements include a new roof, updated electrical, new windows, water heaters, kitchen cabinets, and granite countertops throughout the property. Units are equipped with washers and dryers, stoves, and refrigerators. Drive by only.Please do not disturb residents.

706 N Fifth Ave, Memphis

Listing courtesy of Crye-Leike Commercial.

1283 E. Raines is a 16-unit opportunity featuring 12 two-bedroom units and 4 one-bedroom units. The property offers central heating and air along with stoves and refrigerators in units. Conveniently situated just minutes from FedEx, UPS, the Memphis International Airport, and Graceland, the location benefits from strong employment drivers and steady rental demand. The scheduled monthly rents are 12895/mo. Please do not disturb residents, drive by only.

1283 E Raines Ave, Memphis

Listing courtesy of Crye-Leike Commercial.

National is a 15-unit investment opportunity with a 14-unit multifamily plus a separate 3-bedroom single-family. The units are all 2-bedrooms equipped with central heating and air, along with stoves and refrigerators. The single-family home offers central heating and air, a stove, refrigerator, and washer and dryer for added tenant appeal. Current scheduled gross monthly income is $10,900, providing immediate cash flow. Please do not disturb tenants, drive by only.

1088 National Ave, Memphis

Listing courtesy of Crye-Leike Commercial.

Berkshire is a 5 unit multi family property in the Berkshire area. The units are all 2 bedroom with central heating and air, stoves and refrigerators. The scheduled monthly rental income is 3815/mo. There is some upside in rents creating all value add opportunity without a major capital expense. Please do not disturb residents, drive by only.

4034 Berkshire Ave, Memphis

Listing courtesy of Crye-Leike Commercial.

Kimball is a 4 unit building with all 2 bedrooms. The units have central heating and air, stoves and refrigerators. The scheduled monthly rental income is 3220/mo providing some upside for a value add opportunity. Please do not disturb residents, drive by only.

3920 Kimball Ave, Memphis

Listing courtesy of Crye-Leike Commercial.

Millbranch is a 20-unit multifamily community featuring 2-bedroom units with central heating and air. Each unit is equipped with stoves and refrigerators, offering residents comfortable and functional living accommodations. Ideally located just minutes from FedEx, UPS, Memphis International Airport, and Graceland, the property benefits from strong employment and tourism drivers. The scheduled monthly rental income is $14,950 per month. Please do not disturb residents, drive by only.

3721 Millbranch Rd, Memphis

Listing courtesy of Crye-Leike Commercial.

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Emanuel Martinez

Emanuel Martinez is not your average REALTOR®. With an exuberant spirit and a deep love for Memphis, he brings a refreshing and exciting energy to the world of real estate. Emanuel is a full-time REALTOR®, licensed to serve buyers and sellers in the vibrant regions of Tennessee, Mississippi, and Georgia. His dedication to his clients is unparalleled. As an Affiliate Broker with KAIZEN REALTY and a proud member of the prestigious Multi-Million Dollar Club, Emanuel has proven his exceptional skills and expertise in the industry. He has earned an impressive array of certifications, including ABR, RENE, SRES, AHWD, PSA, and MRP, showcasing his commitment to professional growth, continuous education, and uncompromising integrity. But Emanuel's talents extend beyond the realm of real estate transactions. With a background in Single-Family/Multi-Family Property Management, he has helped numerous investors and homeowners achieve their life goals through strategic real estate ventures. Drawing from his extensive experience in sales and management, Emanuel brings a unique blend of confidence and comfort to his clients, ensuring they are in the best hands possible. Emanuel's vision reaches far beyond individual transactions. He is driven by a passion to create strong and stable communities by assisting both buyers and sellers. With a deep understanding of the market and a profound appreciation for the value of your business, Emanuel is the ideal partner for all your real estate needs. When you choose Emanuel as your trusted advisor, the possibilities are truly endless. "I measure my success by the quality of personalized service I provide and the happiness and satisfaction of my clients." These words from Emanuel perfectly encapsulate his unwavering commitment to delivering exceptional service and ensuring the happiness and satisfaction of every client. Your real estate journey is his top priority. Are you ready to embark on an exciting and rewarding real estate adventure? Don't hesitate to reach out to Emanuel. He brings a perfect blend of elegance, fun, excitement, and professionalism to the table. With Emanuel by your side, the possibilities are boundless. Give him a call today DIRECT to 901-800-8268 and let him help you turn your real estate dreams into a reality! Credentials Realtors that have met strict educational and practical requirements set by the Real Estate Buyer's Agent Council (REBAC) Relays to the public that those certified have been professionally trained in and are sensitive to a wide range of cultural issues Knowledgeable on reverse mortgages, real estate planning, 1031 exchanges, and housing options and have been educated on all aspects of 50+ buying and selling. REALTORS who the MRP (Military Relocation Professional) certification know how to work with military personnel and veterans to find housing solutions that best meet their needs. If you are considering selling your home, work with a Seller's Representative Specialist (SRS). REALTORS with the SRS Designation after their name have met specific educational and practical experience criteria in representing sellers, and can guide you through a successful transaction. The certification is awarded to REALTORS who have completed strict and educational training that gives REALTORS skills in pricing properties, creating comparative market analysis, working with appraisers, and guiding clients through the anxieties and misperceptions they may have about home value. The certification is awarded to REALTORS who have completed strict and educations training that gives REALTORS the tips and tools to be skillful advocates for their clients.

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