Refine Search
Sort by
$300,000
2 Beds 1.1 Baths 10223875 MLS
Excellent investment opportunity! Well-maintained duplex in Colonial Acres featuring two 2-bedroom, 1.5-bath units. Both units are rent-ready. One unit has with an updated kitchen, fresh interior paint, and new carpet in the bedrooms. The second unit has tile in the kitchen and bathrooms and LVP throughout the rest of the unit. Both units share a fenced backyard, providing outdoor space for tenants to enjoy. Ideal opportunity for investment income with an appreciating asset, or an ideal opportunity to House Hack, living in one unit while renting the other unit to offset monthly expenses! Conveniently located near shopping, dining, and major commuter routes. This property offers excellent potential for investors or savvy owner occupants!

5659 Hinton Pl, Memphis

Listing courtesy of Heritage Homes Co..

$399,000
2 Beds 1.1 Baths 10223710 MLS
Well-maintained duplex in the heart of Midtown offering strong rental income and long-term potential. With scheduled rents totaling over $3,000/month, this property is ideal for investors or buyers looking to house hack—live in one unit while offsetting expenses with rental income from the other. Each unit features bright, inviting interiors with hardwood floors, abundant natural light, and classic brick accents that add warmth and character. Kitchens and baths offer clean, neutral finishes, appealing to a wide range of tenants. Spacious living areas and functional layouts support comfortable living and strong rental appeal. The property offers additional potential for future value enhancement, including the possibility of a condo conversion for resale (subject to buyer verification and approvals), along with flexibility for various rental strategies. Conveniently located in a beautiful neighborhood near Midtown’s dining, shopping, and entertainment.

766 Roland St, Memphis

Listing courtesy of mlsAssist.

$195,000
2 Beds 1 Baths 10223549 MLS
PRICE JUST REDUCED $10K!! SELLER IS READY TO MAKE A DEAL. ATTENTION INVESTORS! Solid cash flowing duplex that would make an excellent addition to your portfolio! Rented for $1,700 total ($850 per side). Unit 1352- lease expires 12/31/2026, tenant moved in 12/20/2022. Unit 1354- lease expires 3/31/2027, tenant moved in 3/4/2025. Both tenants are current and have been excellent payers. Property was totally renovated in 2022 including brand new roof, HVAC, water heater, exterior paint, kitchen and bathroom updates, cosmetic updates, and more. Maintenance report and tenant ledgers available upon request. Professionally managed, please do not disturb tenant. No wholesale, creative, or seller financing offers.

1352 S Cooper St, Memphis

Listing courtesy of KAIZEN Realty, LLC.

$140,000
2 Beds 1 Baths 10223548 MLS
Currently leased at $775/month per unit — Unit 1609 through 05/01/2028, Unit 1611 through 04/03/2027. ATTENTION INVESTORS! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 4-bedroom, 2-bath multi-family home is currently generating $1,550/ month in combined rental income, with the current lease running through 05/01/2028 and 04/03/2027. An opportunity to purchase an income-producing property with a tenant already in place. Please do not disturb the tenant. No showings without an accepted offer. NO wholesale, assignment or creative financing offers will be accepted. Financials available upon request. Professionally Managed IN-HOUSE

1609-1611 Hugenot St, Memphis

Listing courtesy of Foundation Property Management.

$225,000
1 Beds 1 Baths 10222762 MLS
Fantastic opportunity in the heart of Midtown! Whether you are looking to owner occupy one side and rent the other or add a solid investment property to your portfolio, this duplex is full of potential. Both sides are identical and offer 1 bedroom, 1 bath, gas cooking and heat, plus all appliances remain including 2 window units per side. With approximately 1,472 total square feet, the property offers comfortable living spaces and plenty of parking. Located in one of Memphis’ most desirable areas, surrounded by great local restaurants and shopping and just minutes from Downtown Memphis. Rare chance to own an income producing property at a reasonable price point in an upscale Midtown neighborhood. Perfect for investors, first time investors or buyers looking to offset their mortgage with rental income. Last rented for $1100 per side.

378 N Willett St, Memphis

Listing courtesy of BHHS McLemore & Co., Realty.

$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.

$424,999
3 Beds 1.1 Baths 10217112 MLS
Seller Offers: 2-1 rate buy down or 3% towards buyer closing costs: *Bonus: this property has a verified double lot that offers a prime subdivision potential to add another duplex. The 1916 Craftsman duplex at 201 Stonewall in the heart of Midtown Memphis' Historic Evergreen District. 4K sq ft of living space, this Southern classic w/ original 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. Walkability to shopping, Overton Park, Memphis Zoo, theaters, hospitals, colleges.

201 Stonewall St, Memphis

Listing courtesy of Keller Williams.

$215,000
1 Beds 1 Baths 10216091 MLS
Located in the Speedway Terrace Historic District, this classic 1912 Craftsman bungalow duplex with Victorian Folk influence offers both historic character & income potential in the heart of Memphis. The property is a duplex with 2 fully furnished units, each has 1 bed/1 bath, and is currently operating as a short-term rental, providing immediate revenue opportunity. Rich in early-20th-century architectural charm, the home showcases the timeless appeal of Memphis’ historic bungalow design while offering flexible investment possibilities. Positioned near local amenities, restaurants, & major employment centers, this property is ideal for investors looking to capitalize on Memphis’ strong rental demand. Whether you continue operating it as a short-term rental or convert to a long-term strategy, opportunities to own a fully furnished duplex in Speedway Terrace are rare. Don’t miss the chance to secure an income-producing historic property in one of Memphis’ most distinctive neighborhoods.

1220 Snowden Ave, Memphis

Listing courtesy of eXp Realty, LLC.

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.