Refine Search
Sort by
$125,000
2 Beds 1.1 Baths 10227099 MLS
Both properties are leased at $995 until 08/12/2026 and the at $1,000 until 05/31/2028. Well-maintained investment property featuring a functional layout, hard-surface flooring, central HVAC, and a spacious yard. Located in the Hickory Ridge area with convenient access to major employers including FedEx and Memphis International Airport. Nearby Hickory Ridge Elementary, Kroger, Hickory Ridge Crossing, Lichterman Nature Center, Methodist Le Bonheur Germantown Hospital, and I-240 enhance long-term rental appeal by providing tenants with everyday conveniences, employment access, healthcare, shopping, recreation, and commuting options. (As-Is Sale) Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

3698-3700 Firethorne Dr, Memphis

Listing courtesy of Foundation Property Management.

$325,000
1 Beds 1 Baths 10227066 MLS
Own 11 rental units on a single parcel, consisting of five duplexes and one detached single family home. This unique investment offers immediate cash flow with exceptional value add potential. The property includes ten 1 bedroom, 1 bath units with separate living rooms, kitchens, and bedroom. The sixth building has been converted into a single family residence, providing added flexibility. With renovations, improved management, and lease up efforts, a savvy investor can increase occupancy, raise rents, boost net operating income, and significantly enhance the property's value. Whether you're looking to expand your portfolio or build long term wealth, this is a rare opportunity to unlock strong cash flow and appreciation through strategic improvements.

244 Richmond Ave Unit #1-6, Memphis

Listing courtesy of eXp Realty, LLC.

$139,900
2 Beds 1 Baths 10227055 MLS
INVESTORS ONLY! Wonderful 4 bedroom 2 bathroom brick duplex that was fully rehabbed in 2021! Each unit is a 2/1 with central heat and air. ONLINE VIDEO AVAILABLE UPON REQUEST. This property is on a corner lot and has covered parking and would be a great addition to your investment portfolio. The right side unit (2043 Lamar) is leased at $920/mo. & the left side unit (2045 Lamar) is currently vacant but it has been rehabbed in 2026 & it is being marketed for rent. Property is professionally managed (lease, ledger, repair history available upon request). This duplex is estimated at over 2,000 square feet so it is quite large and appears to be in overall nice condition. Total rent is estimated at over $1800 once fully leased. Seller is also selling 39 E. Frank, Memphis, TN (can buy individually or in bulk). No wholesalers, no assignments, no sign in the yard. Make offers contingent on interior inspection.

2043 Lamar Ave, Memphis

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

$320,000
3 Beds 1 Baths 10226746 MLS
Charming historic duplex offering an exceptional investment or owner-occupant opportunity! Each unit features 3 spacious bedrooms, 1 renovated bath, updated kitchen, large living room with built-in shelving, separate dining room, and an appliance package including washer and dryer. Private balconies/patio, newer central heat and air, and a recently conditioned roof add to the appeal. Current rents offer upside potential for increased income. One lease expires in September, creating an ideal opportunity for an owner-occupant to live in one unit while generating rental income from the other. Full of character, generous room sizes, and outstanding curb appeal. Please do not disturb tenants.

1333 Harbert Ave, Memphis

Listing courtesy of Harbur Realty.

$125,000
2 Beds 1 Baths 10226129 MLS
TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Property is rented for $1,530/month total gross monthly rent. Unit 1 (Oxford Side) is rented for $800/month. Unit 2 (Bingham Side) is rented for $730/month. No showings without an accepted contract. Make offers contingent on inspection. Great opportunity for building your portfolio with massive cashflow! Being sold in a Memphis investor portfolio which includes 5655 Encino Cove, Apt 1, 38115; 5660 Los Gatos Dr, Apt 2, 38115, 5698 Los Gatos Dr, Apt 101, 38115; 2800 Mojave Pl, Apt 173, 38115; 2829 Sonora Dr, Apt 2, 38115; & 2567 Oxford Ave. That's 5 condos in the Hamlets & 1 duplex in Binghampton. The seller would like to sell all properties as a package but they can be sold individually as well. Contact a local realtor to make your offer today!

2567 Oxford Ave, Memphis

Listing courtesy of eXp Realty, LLC.

$130,000
2 Beds 1 Baths 10225448 MLS
Duplex with immediate, in-place income — both 2 bed / 1 bath units are currently leased, one at $800/month through 02/02/2027 and the other at $700/month through 02/10/2028, for $1,500 in combined monthly rent from day one. Totaling 4 bedrooms, 2 bathrooms, and approximately 1,634 square feet, each side offers a kitchen with shaker cabinetry and tile backsplash, separate living and dining rooms, and LVP flooring. Located in Southeast Memphis near major distribution employers including an Amazon fulfillment center and Nike, and minutes from Memphis International Airport, the area sees steady rental demand. A solid addition for an investor seeking a multi-unit property with current income and long-term portfolio value. Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

4481-4483 Sumners Wells Rd, Memphis

Listing courtesy of Foundation Property Management.

$625,000
4 Beds 2 Baths 10225137 MLS
HOUSE HACK OPPORTUNITY in sought after High Point Terrace neighborhood!! This updated duplex offers 8 beds, 4 baths, and 2,876 sq. ft. of living space across two income-producing units. Unit 486 is currently tenanted, generating rental income at $2,200/mo thru 12/31/26, while the other side is ready for an owner-occupant to move right in and offset their mortgage. Enjoy hard-surface flooring, bright living areas, and shaker-style kitchen cabinetry throughout. Additional highlights include central heat and air, a 2-car garage, and a large fenced backyard. DO NOT DISTURB TENANT Financials available upon request. No wholesalers, assignments, or creative financing! PROFESSIONALLY MANAGED IN-HOUSE

484-486 High Point Ter, Memphis

Listing courtesy of Foundation Property Management.

$150,000
2 Beds 1 Baths 10224990 MLS
Discover an outstanding investment opportunity with this fully renovated duplex at 1621 & 1623 Oakwood Street in Memphis! Whether you're looking to expand your rental portfolio or invest in an income-producing property, this move-in-ready duplex checks all the boxes. Both units have been beautifully updated with fresh interior and exterior paint, luxury vinyl plank flooring, new kitchen cabinets, countertops, sinks, lighting, and new water heaters. The bathrooms feature new vanities, toilets, fixtures, and updated finishes, while new closet shelving adds extra storage. Each unit offers a spacious great room, kitchen, two bedrooms, and one full bath. Major improvements include a new roof and windows (2024/2025), storm doors, and a new front porch, providing peace of mind for years to come. With modern updates throughout and low-maintenance features, this turnkey duplex is ready for tenants and an excellent addition to any real estate investment portfolio.

1621 Oakwood St, Memphis

Listing courtesy of eXp Realty.

Some or all of the listings displayed may not belong to the firm whose website is being visited

© 2026 Georgia MLS. All rights reserved. Information Deemed Reliable But Not Guaranteed.