Memphis Homes with Other (See REMARKS) Subtype

Memphis Homes with Other (See REMARKS) Subtype

Welcome to Memphis, Tennessee – a city rich in history, culture, and Southern charm! Nestled in Shelby County, Memphis is renowned for its vibrant music scene, mouthwatering barbecue, and warm hospitality. Whether you're strolling down Beale Street, visiting the iconic Graceland, or enjoying the serene beauty of the Mississippi River, there's something for everyone in this dynamic city.

Memphis boasts a diverse array of neighborhoods, each with its own unique character and charm. From the historic homes in Midtown to the modern developments in Downtown, the city's real estate market offers a variety of options for every lifestyle. If you're exploring homes with the "Other" subtype, you're in for a treat! This category includes a range of properties, from charming bungalows to contemporary lofts, giving you the flexibility to find a space that truly reflects your personality and needs.

The Memphis housing market is not only diverse but also affordable compared to many major cities across the nation. This makes it an ideal location for first-time homebuyers, families, and investors alike. With its strong sense of community, excellent schools, and a plethora of recreational activities, Memphis is a place where you can truly feel at home.

In addition to its appealing real estate options, Memphis offers a rich tapestry of cultural experiences, including world-class museums, art galleries, and festivals that celebrate the city's heritage. So, whether you’re looking to settle down or invest, Memphis is the perfect city to call home. Explore the possibilities and discover your dream home in this vibrant Southern gem!

Newest Memphis Homes with Other (See REMARKS) Subtype

$2,250,000
10227177 MLS
DO NOT DISTURB TENANTS - 28 Condo Package - Imperial Arms majority owner opportunity. All units are currently leased. Taxes & sq ftg represent Unit #1 in the 3636 Bldg. 3636 Bldg includes 15 units, 3640 Bldg includes 4 units & 3646 Bldg includes 9 units. Total of 28 units = (2) 3 BR, (25) 2 BR & (1) 1 BR units. HOA fees offset owner's insurance & grounds maintenance expenses. This listing is under one property address. Roof ~6 yrs old. The property is located walking distance to U of M campus & The Blue Line Shuttle stops at the condo property. Photos w/furnishings are digitally staged & representative of a typical unit.

3636 Spottswood Ave Unit #1, Memphis

Listing courtesy of Crye-Leike, Inc., REALTORS.

$236,000
10226455 MLS
Fully renovated duplex offering an excellent turnkey investment opportunity. Renovated in 2023, this property features two 2-bedroom, 1-bath units with a total of 1,725 SF. Providing immediate rental income totaling $2,235 per month. Built in 1947 and updated with modern finishes while maintaining its character. A great opportunity to add a cash-flowing property to your investment portfolio.

155-157 N Merton St, Memphis

Listing courtesy of homecoin.com.

$199,900
10224308 MLS
3 of 4 units rented! Rent is $650/month for all units, plus each tenant pays $150/month towards utilities. The property is a duplex up front (Units 1 and 2) with two ADUs in the rear (3 & 4). Unit 4 was just rehabbed and is ready for leasing now. Unit 3 was just rehabbed when the tenant moved out last year according to owner. Units 1 & 2 were done in 2023 and 2024, so it's ready for several years of profitable ownership for you! Seller is selling to move funds to local market. No seller financing/assignable offers will be accepted. This 4-unit property is located just off of Summer Ave and Sam Cooper Blvd, just E of Midtown - it is proving to be a fantastic area for investors, with stable tenants for the price range, and nice room for appreciation. Small multifamily is rare here, so consider this one if you're interested at all! There may not be another chance for a while once it's gone!

3468 Bowen Ave, Memphis

Listing courtesy of Memphis Metro Realty.

$575,000
10223928 MLS
Turnkey STR positioned near Overton Park in Midtown Memphis, The Crestmere Estate at offers a luxury hospitality asset with investment potential. The property includes a 4BR/2.5BA Tudor main home plus a 2BR/1BA detached guesthouse with downstairs storage that is plumbed, heated/cooled, creating a flexible 6BR/3.5BA layout for short-term rental use. Resort-style outdoor spaces include a renovated gunite heated saltwater pool, bluestone decking, courtyard, fountains, iron gates, and a landscaped double lot, full third-floor attic with high ceilings, and a basement wine cellar. Seller-stated STR performance includes an average occupancy of about 70%, $100K-$120K in annual revenue, and approx. $20K in future bookings included with sale. STR business available for an additional fee, including website, Hostfully, Turno, PriceLabs, chatbots, Breezeway, furnishings, linens, towels, pool supplies, & listing opportunities on Airbnb, Booking.com, VRBO. Contact listing agent for business details.

180 Crestmere Pl, Memphis

Listing courtesy of BHHS McLemore & Co. Realty.

$285,000
10222084 MLS
Great investment opportunity in Colonial Heights. 3 units Main unit is 3 bedroom 2 bath. Second is 2 bed 1 bath, Third is 1 bed 1 bath.

3569 Douglass Ave, Memphis

Listing courtesy of eXp Realty, LLC.

$1,980,000
10221145 MLS
??? PRIME MIDTOWN MEMPHIS OFF-MARKET CONDOS – 585 E PARKWAY SOUTH 18 out of 34 units means that you control the HOA. Seller Financing is available. $1,980,000 ?? 585 E Parkway South, Memphis, TN 38104 – Classic Midtown condos with concrete construction tucked just off East Parkway in the Harbert Place community. Great access to restaurants, entertainment, downtown, and campuses like CBU and University of Memphis. ?? Property Opportunity Discover multiple off-market 2-bed, 1-bath condos at this address — perfect for investors, first-time buyers, or rental portfolios. These units are not currently on the public MLS but estimated values range in the $105K – $120K area for off-market units, with potential upside after cosmetic updates. ?? Why This Is a Great Buy ? Midtown location with strong rental demand ? Quiet, courtyard-style property ? Off-market means less competition & negotiation leverage ? Near universities, dining, nightlife, and parks ? HOA provides community maintenance w/

585 E Parkway Pky Unit #6, Memphis

Listing courtesy of Evernest Too, LLC.

$119,000
2 Beds ⋅ 1 Baths ⋅ 10220910 MLS
TWO FOR ONE SPECIAL! Front house is 2bed 1bath, PLUS there is a rear detached 1bed 1bath unit rented for $400/mo. Seller has done a lot of repairs/upgrades in main home including: New Kitchen (new countertops, new tile, new cabinets) fresh interior/exterior paint, new flooring, upgraded bathrooms. Home qualifies for special 100% financing for owner occupant buyers. FHA/VA/Conventional offers welcome! Seller also selling 2229 Zanone, 2442 Manchester, 2701 Frayser, and 560 Peebles Rd (can buy in bulk or individually).

564 W Peebles Rd, Memphis

Listing courtesy of Crye-Leike, Inc., REALTORS.

$565,000
3 Beds ⋅ 2 Baths ⋅ 10219720 MLS
Beautiful historic property located in the highly desirable Evergreen Historic District. This versatile home is configured as a duplex and offers excellent income potential. The front unit features 3 bedrooms and 2 full bathrooms, while the rear unit offers 2 bedrooms and 2 full bathrooms. Both units include their own kitchens and living rooms, providing flexible living and rental options. With classic architectural charm, spacious layouts, and strong potential for long-term rental or short-term rental such as Airbnb, this property is a rare opportunity in one of Memphis’s most established and sought-after neighborhoods. Conveniently located near Midtown dining, entertainment, medical districts, and Downtown Memphis

508 Stonewall St, Memphis

Listing courtesy of C21 Patterson & Assoc. Real Es.

$1,568,000
10219684 MLS
Investment Opportunity in Midtown Memphis! Seller is selling 19 individual units (42 total bedrooms & 19 bathrooms). Properties are professionally managed and seller is interested in a bulk sale buyer to buy all 19 doors. Monthly current rent is $17,410 per monthly and each individual unit has a $160 per monthly HOA fee. There are five 3 bedroom units, thirteen 2 bedroom units, and 1 one bedroom unit at the properties. Units have been well maintained and only one unit is vacant as of April 2026. Seller continues to upgrade & repair existing inventory as needed. Three bedroom units are renting for as much as $1325 monthly and two bedrooms are renting for as much as $1200 monthly. This could be a great addition to your rental portfolio. Existing management company is in place and will gladly continue to manage. Units include parking and washer/dryer connections on site. Stabilized pro forma is attached and included! ONLINE VIDEO AVAILABLE UPON REQUEST.

32 N Belvedere Blvd Unit #32-3, Memphis

Listing courtesy of Crye-Leike, Inc., REALTORS.

$80,000
10218992 MLS
Great opportunity to establish your business in a lively North Memphis community! Property features include fresh interior and exterior paint, a new small kitchen and laundry area, a new water heater, a new HVAC system, new interior light fixtures, a replaced exterior door, a secure fenced lot, a wooden deck, a new roof, and parking available for about 10 cars. Zoned CMU-1, a variety of retail and office uses are permitted. Also, it can be converted to a residential property by making interior modifications to meet residential code requirements.

3240 N Watkins St, Memphis

Listing courtesy of Crye-Leike, Inc., REALTORS.

$380,000
10218073 MLS
Location! Location! Location! Mins from Midtown and Downtown. DON'T DISTURB TENANTS! This 5 unit complex is a great rental with gated parking. The main building includes 4 units and over the garage is another unit. The complex includes an on site laundry facility. ONLINE VIDEO AVAILABLE UPON REQUEST. Home is professionally managed! This home qualifies for FHA/VA/ and Conventional financing (you can live in one unit and rent out the others aka house hack). There were updates to the complex in 2017 and 2019 which included a new roof, HVAC, and some units have updated flooring and appliances. Rents & Leases are: Unit #1- $950 lease ends 7/31/26, Unit #2- $1,025 lease ends 7/31/26, Unit #3- $750 lease ends 3/28/27, and Units #4 & 5 are currently vacant. No wholesalers, assignments, or creative financing.

1515 Madison Ave, Memphis

Listing courtesy of Crye-Leike, Inc., REALTORS.

$1,299,000
10218058 MLS
Discover endless possibilities in this impressive 20,700-square-foot commercial property, designed to accommodate a variety of business ventures. Situated on a spacious lot with abundant on-site parking, this two-story facility offers flexibility, functionality, and a prime location for your next enterprise. Inside, you’ll find large open rooms that can be easily customized to fit your vision. With its expansive square footage and versatile floor plan, this property is ideal for numerous uses including a funeral home, multi-purpose event or banquet facility, community center, medical or educational institution, or professional office complex.

3320 Austin Peay Hwy, Memphis

Listing courtesy of 4 Success Realty, LLC.

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