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$225,000
2 Beds 1 Baths 10217651 MLS
Cash-flowing duplex in the sought-after Volintine Evergreen Historic District — live in one unit while the other helps cover your mortgage, or hold both as a turnkey investment. Each unit offers 2 bedrooms, 1 bath, and a functional layout, and both are now leased on new 1-year terms, delivering immediate, documented rental income from day one — $1,950/month combined. Approx. $30K+ in recent improvements — including HVAC ductwork, sewer line replacement, foundation reinforcement, exterior paint, and electrical updates — reduce near-term capital needs and add confidence for buyers and lenders alike. VA buyers may qualify using the second unit's actual, signed-lease rental income. Conveniently located near major roadways, schools, and everyday amenities. May be part of a larger multifamily portfolio — contact listing agent for details.

1072 N Evergreen St, Memphis

Listing courtesy of Real Estate Agency.

$445,000
3 Beds 1.1 Baths 10217112 MLS
Timeless Southern Charm Meets Modern Income Potential! Discover this exquisite 1916 Craftsman duplex at 201 Stonewall in the heart of Midtown Memphis' prestigious Historic Evergreen District. 4K sq ft of gracious living space, this Southern classic boasts gleaming hardwood floors, stunning leaded glass windows, soaring 10-ft ceilings and expansive front porches & upper/lower patios framed by iconic four-post columns. Updated w/ contemporary flair while honoring its original Craftsman elegance; perfect blend of historic character and today's comforts. Ideal for investors or owner-occupants: reside in one and rent the other to offset your mortgage or lease both for strong cash flow. Could be an Airbnb/VRBO, negotiate for a fully furnished offer w/ personal property available "as-is" for seamless turnkey operation. Rare bonus: Verified double lot offers prime subdivision potential to add another duplex. Walkability to shopping, Overton Park, Memphis Zoo, theaters, hospitals, colleges.

201 Stonewall St, Memphis

Listing courtesy of Keller Williams.

$199,000
2 Beds 1 Baths 10216892 MLS
Turnkey duplex investment opportunity with both units currently leased, producing $1,440/month in gross rental income. This cash-flowing property offers immediate income from day one with established tenants already in place, minimizing vacancy risk and providing a smooth transition for the next owner. Ideally positioned in Midtown Memphis, just minutes from the vibrant districts of Cooper-Young Historic District, Overton Square and Downtown Memphis, the location benefits from strong, consistent rental demand. Whether you're expanding your portfolio or acquiring a stable income-producing asset in a high-demand rental corridor, this duplex presents a compelling opportunity. Tenant leases and financials available upon request. Showings coordinated with tenants with appropriate notice. Stove and fridges are currently provided in each unit.

1457 S Cooper St, Memphis

Listing courtesy of Fast Track Realty, LLC.

$254,250
2 Beds 1 Baths 10215926 MLS
Turn-key duplex investment opportunity just minutes from Rhodes College, Memphis Zoo, and the heart of Midtown. Ideal for investors seeking strong rental income or owner-occupants looking to offset their mortgage. Each unit previously rented for $1,400 per month, offering excellent income potential. Both sides are currently vacant, giving you the flexibility to set new rents, place tenants, or live in one unit while renting the other. Fully renovated in 2022, updates include a new roof, HVAC systems, refinished hardwood floors, and beautifully updated kitchens and baths. Major systems have been upgraded, making this a true move-in ready property. Prime location near dining, parks, and entertainment also offers strong short-term rental potential. A versatile opportunity to house hack or grow your portfolio.

1868/1870 Vollintine Ave, Memphis

Listing courtesy of Renshaw Company, REALTORS.

$375,000
2 Beds 1 Baths 10215683 MLS
Prime duplex in the heart of Midtown offering a fully operational, turnkey Airbnb/VRBO opportunity w/ revenue history available upon request. This versatile property is perfect for an owner-occupant looking to live in one unit while short-term renting the other, or it can be operated as a full-time income-producing investment. The property is offered fully furnished, allowing for a seamless transition for the next owner. Thoughtfully updated, the 2022 renos include refreshed BAs, stylish chandelier light fixtures, & Kitch upgrades featuring a gas range, dishwsher, & charming retro effiecienct refrigerator. These improvements blend modern convenience w/ character & appeal. Located in a highly desirable Midtown setting close to restaurants, entertainment, & neighborhood attractions, this property offers both lifestyle & investment potential. The approximate rental income is $1,850 per month, making it an excellent opportunity opportunity in one of the city’s most sought-after areas.

270 Hawthorne St, Memphis

Listing courtesy of Ware Jones, REALTORS.

$339,850
4 Beds 3 Baths 10215322 MLS
Rare mixed-use corner property in the heart of Midtown Memphis offering exceptional flexibility for investors, business owners, & owner-occupants with rental income. May Qualify for the First Time Home Buyers Program with down payment assistance. This fully renovated property consists of two units totaling approximately 3,934 square feet & is currently classified as multifamily residential, with prior Special Use Permit approval for commercial use. 2417 has 6 spacious rms, full kitchen, laundry rm. & 3 full ba. 2421 has 4 spacious rms, full kit, laundry, 1 full bath & 2 half ba. near Memphis Zoo, Rhodes College & convenient access to Downtown Memphis, excellent street visibility make this location ideal for commercial or residential use. great possibility for Multi Family use, Daycare or office space. ATT: all rms has Plumbing & Closets CALL NOW FOR YOUR PRIVATE SHOWING

2417 Jackson Ave, Memphis

Listing courtesy of Good Shepherds Realty & Invest.

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