Refine Search
Map
Sort by
$144,900
2 Beds ⋅ 1 Baths ⋅ 10228758 MLS
Great investment opportunity to own an income-producing duplex with immediate cash flow and additional upside potential. One unit is currently rented for $1,000 per month, while the other unit is vacant and fully renovated, offering the opportunity to secure a new tenant at a potentially higher market rent. The flexible setup makes this property ideal for investors looking to add a cash-flowing duplex to their portfolio or for a future owner-occupant looking to live in one unit while generating rental income from the other. Listed at just $144,900, this property offers an attractive combination of existing income, rental upside, and long-term investment potential. PLEASE DO NOT DISTURB TENANTS. The occupied unit will not be available for showings until an accepted offer is in place. The vacant unit is available to show. Call Broker Bay for showings on the vacant unit and listing agent with any questions.

961 N Dunlap St, Memphis

Listing courtesy of Weichert, REALTORS-BenchMark.

$209,900
2 Beds ⋅ 1 Baths ⋅ 10228637 MLS
Fully renovated duplex near the University of Memphis! Each unit features 2 bedrooms and 1 bathroom with extensive updates throughout, including a new roof, new windows, luxury vinyl plank flooring, fresh paint, updated light fixtures and ceiling fans, new kitchen cabinets, granite countertops, and renovated bathrooms with new vanities and modern finishes. Whether you're looking to add a turnkey investment to your portfolio or house hack by living in one unit and renting the other, this property offers an excellent opportunity in a convenient Memphis location close to shopping, dining, and campus amenities.

3054 Waynoka Ave, Memphis

Listing courtesy of KAIZEN Realty, LLC.

$209,900
2 Beds ⋅ 1 Baths ⋅ 10228625 MLS
Newly renovated Turnkey Duplex in 2025 being professionally managed by Reedy and Company Realtors who would like to continue management. Roof less than 3 years old, HVAC and Water heater 1 year old. Over $75,000 in renovations completed in 2025. 2412 side rented at $1,000 per month until 02/28/2027 and is current. 2414 vacant easy to show.

2412 Vollintine Ave, Memphis

Listing courtesy of Reedy & Company, REALTORS.

$324,999
3 Beds ⋅ 1 Baths ⋅ 10228595 MLS
Rare investment opportunity in Memphis's Central Gardens area: a fully tenant-occupied duplex offering established rental income and true turnkey appeal. Built in 1910, offering approx. 2,588 SF with two spacious 3BR/1BA units, each with a combined living/dining layout and separate closed kitchen. Flooring mix of hardwood, LVP, tile, carpet, and laminate. Downstairs unit renovated with all-new appliances, updated kitchen, new flooring, fresh paint, and updated bath; upstairs unit received fresh paint, new dishwasher, energy-efficient windows, and updated bath. All owner-owned appliances (refrigerator, range/oven, dishwasher, washer, dryer, vent hood) convey. Fenced yard, driveway parking, walkable location near Midtown. Currently producing $2,900/month combined rental income with active leases in place. Annual termite treatment maintained. Listing agent must accompany all showings; tenant-occupied, advance notice required, mornings preferred.

1517 Court Ave, Memphis

Listing courtesy of Real Estate Agency.

$150,000
1 Beds ⋅ 1 Baths ⋅ 10228410 MLS
Fully renovated income-producing duplex offering an excellent opportunity for investors seeking a low-maintenance, cash-flowing asset in a central Memphis location. Just minutes from both downtown and midtown, this all-brick property completed a major renovation in 2023 and is ready to perform from day one. Each side features a comfortable 1 bedroom / 1 bathroom layout with central heat and air. The units are mirror-matched at $915/month each, for a gross potential rent of $1,830/month ($21,960/year). One side is already leased to a tenant in place at $915, while the opposite side is currently being marketed at the same rate — giving a new owner immediate income plus upside as the second unit leases up. The property is professionally managed, making it an ideal fit for hands-off and out-of-state investors who want a stabilized asset without the day-to-day operational burden. No showings without accepted offer. No creative/seller finance

893 Pearce St, Memphis

Listing courtesy of Renshaw Company, REALTORS.

$209,900
3 Beds ⋅ 2 Baths ⋅ 10228238 MLS

925 N Parkway Pky, Memphis

Listing courtesy of Renshaw Company, REALTORS.

$345,000
3 Beds ⋅ 1 Baths ⋅ 10228036 MLS
Great Duplex in Central Gardens. Upstairs unit is 3 bedrooms / 2 baths with sunroom, large living room & laundry room. Downstairs is 3 bedrooms / 1 bath and laundry. Bottom unit is now vacant and upstairs is month to month long term tenant. Parking in back. Roof one year old. Listed as a Duplex and a Single Family Home in the MLS.

1901 Linden Ave, Memphis

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

$159,900
3 Beds ⋅ 1.1 Baths ⋅ 10227590 MLS
Great Occupied Investment Opportunity! Duplex! This property is currently occupied by a tenant in one unit who is paying $820 per month and is on a lease from 4/27/2020 until 5/31/2027. The other unit is occupied by a tenant who has been in the home since 2018 and is on a lease until 10/31/26. They are paying $755 per month. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

3213 Forest Brook Dr, Memphis

Listing courtesy of Reedy & Company, REALTORS.

$76,500
1 Beds ⋅ 1 Baths ⋅ 10227550 MLS
Terrific opportunity to own this duplex and the one next to it! Each side is 1 bedroom & 1 bathroom plus a den area (total of 2 bedrooms and 2bathrooms per duplex) plus seller is selling the duplex next door as well (1744-1746 Kansas). You can buy all four doors/dwellings for an outstanding price. Solid brick construction which means low maintenance exterior. Cash offers only. Estimated market rents are $600-$750 per door. ONLINE VIDEO AVAILABLE UPONREQUEST. It appears all utilities are separated but please confirm.

1748 Kansas Ave, Memphis

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

$76,500
1 Beds ⋅ 1 Baths ⋅ 10227548 MLS
Terrific opportunity to own this duplex and the one next to it! Each side is 1 bedroom & 1 bathroom plus a den area (total of 2 bedrooms and 2 bathrooms per duplex) plus seller is selling the duplex next door as well (1748-1750 Kansas). You can buy all four doors/dwellings for an outstanding price. Solid brick construction which means low maintenance exterior. Cash offers only. Estimated market rents are $600-$750 per door. ONLINE VIDEO AVAILABLE UPON REQUEST. It appears all utilities are separated but please confirm.

1744 Kansas Ave, Memphis

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

$150,000
2 Beds ⋅ 1 Baths ⋅ 10227526 MLS
Cash flowing duplex near downtown! This property was recently renovated. Each side rented at $795/mo. Professional management already in place! No showings without accepted offer. Do not disturb tenants, drive by only.

869 Pearce St, Memphis

Listing courtesy of Renshaw Company, REALTORS.

$225,000
1 Beds ⋅ 1 Baths ⋅ 10227129 MLS
Nice investment opportunity in a fantastic midtown Evergreen Historic District location! Duplex with 1 bedroom and 1 bath in each side. Good rental history. Walk to Overton Park. Current rent is $850 and $750. Perfect for an owner/occupant on one side and rent the other!

1746 Lawrence Ave, Memphis

Listing courtesy of Marx-Bensdorf, REALTORS.

$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.

$214,900
2 Beds ⋅ 1 Baths ⋅ 10226838 MLS
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.

2483 Harvard Ave, Memphis

Listing courtesy of CrestCore Realty MphsBrokerage.

$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.

$65,000
4 Beds ⋅ 1 Baths ⋅ 10226522 MLS
This duplex was converted in a church. It can be converted back to a duplex. Property need a new roofand additional cosmetic work. Great investment for a rental

1314 S Willett St, Memphis

Listing courtesy of Progressive Realty Services.

$194,500
1 Beds ⋅ 1 Baths ⋅ 10226042 MLS
Fully occupied and completely renovated Duplex in Orange Mound near the U of M! Each side is 1 Bed and 1 Bath. Duplex is a complete renovation in 2022 with new windows, all new exterior wood, new roof, new HWT, new flooring, lighting and electrical! Duplex also has updated kitchens and bathrooms. Great curb appeal in a quiet East Memphis neighborhood! Each side rented for $760! Call listing agent for details!

788 Brower St, Memphis

Listing courtesy of CB Properties of Memphis, LLC.

$130,000
2 Beds ⋅ 1 Baths ⋅ 10225448 MLS
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 $1,500/ month in combined rental income, with the current lease running through 02/10/2028 on one side and the other through 02/02/2027. 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

4481-4483 Sumners Wells Rd, Memphis

Listing courtesy of Foundation Property Management.

$475,000
3 Beds ⋅ 2.1 Baths ⋅ 10225305 MLS
Turnkey investment opportunity! Built in 2022, this well-maintained duplex is ready to generate income from day one. Each unit features 3 bedrooms, 2.5 baths, a spacious open-concept living and dining area, a separate breakfast room, and modern finishes throughout. Tenants will appreciate the gated driveway leading to covered parking, with two dedicated spaces per unit. One unit is currently tenant-occupied, providing immediate rental income, while the vacant unit is available for showings. The occupied unit may be viewed during the inspection period following an accepted offer. A low-maintenance, newer construction investment that's ready to work for you!

82 N Rembert St, Memphis

Listing courtesy of Hobson, REALTORS.

$240,000
4 Beds ⋅ 2.2 Baths ⋅ 10225089 MLS
MOTIVATED SELLER !!!!!Investor Alert!! Fresh Paint, New Carpet, New Toilets and flooring. This Duplex located in the Sea Isle/Park area is part of a portfolio of 2 properties offered in the Memphis area. Each side of duplex is a 2 bed, 1.5 bath. One Side Currently rented with long term tenant. Seller can sell properties as a package or single. One side is currently rented! Immediate Income! Can only see the one side until a contract is accepted because of the tenant. No wholesale or creative financing. Other properties : 6690 Whitten Pine, 5265 Annadale Dr Property sold AS IS , WHERE IS

5668 Hinton Place Dr, Memphis

Listing courtesy of eXp Realty, LLC.

$149,000
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.

$300,000
3 Beds ⋅ 2 Baths ⋅ 10224879 MLS
Excellent investment opportunity in the heart of Midtown! This duplex features spacious units with generous bedrooms, large living areas, hardwood floors, abundant natural light, and classic Memphis charm. Ideal for investors or owner-occupants looking to offset their mortgage with rental income. Conveniently located just minutes from Downtown, Crosstown Concourse, Overton Park, Rhodes College, dining, shopping, and entertainment. Whether you're expanding your portfolio or purchasing your first income-producing property, 703 N. Evergreen offers location, character, and outstanding investment potential. Schedule your showing today!

703 N Evergreen St, Memphis

Listing courtesy of Keller Williams.

$409,000
2 Beds ⋅ 1.1 Baths ⋅ 10224637 MLS
Fantastic Central Gardens duplex featuring extensive updates in both units. The right-side unit was fully renovated in 2024, and the left-side unit in 2025. Renovations include fresh paint throughout, new LVP flooring downstairs, quartz kitchen countertops, new oven/range, dishwasher, and refrigerator. The 2024 renovation also included new can lighting downstairs and a new water heater. Turnkey investment opportunity in one of Midtown’s most desirable neighborhoods.Both units fully rented for $1695 per month

1503 Eastmoreland Ave, Memphis

Listing courtesy of Hobson, REALTORS.

$104,999
2 Beds ⋅ 1 Baths ⋅ 10224519 MLS
This duplex is prime for investment opportunity! Both units are 2 bed/1 bath. 3038 Sinclair is tenant occupied for $725/mo through July 26th, 2026. 3040 Sinclair can be shown since it's vacant and ready for a new tenant! Call for your private showing today!

3038-3040 Sinclair St, Memphis

Listing courtesy of Sowell, Realtors.

$190,000
2 Beds ⋅ 1 Baths ⋅ 10224482 MLS
Cash Flowing Duplex! Currently tenant occupied both sides for Unit 1 $997/month and Unit 2 $1074/month with VA tenants. HVAC system was replaced last year in both units. Don't miss out on this great opportunity.

884 Breedlove St, Memphis

Listing courtesy of The Stamps Real Estate Company.

$295,000
2 Beds ⋅ 1 Baths ⋅ 10224227 MLS
Rare Midtown duplex opportunity just minutes from all the restaurants, entertainment and charm of Cooper Young and Overton Square! This adorable painted brick duplex offers two 2-bedroom units and is ideal for an owner occupant looking to offset expenses or an investor seeking a solid addition to a rental portfolio. One side is currently rented. Built to last, the property features hardwood floors and smooth ceilings throughout, central heat and air, and well-maintained baths. All appliances remain, making this a truly turnkey opportunity. Outside, enjoy a huge shaded, fenced backyard complete with two storage sheds, one for each unit, and a spacious side deck perfect for relaxing or entertaining. The roof is only 5 years old, adding peace of mind for years to come. Located on a great street.

2022 Courtland Pl, Memphis

Listing courtesy of BHHS McLemore & Co., Realty.

$399,000
3 Beds ⋅ 2 Baths ⋅ 10224110 MLS
Large duplex in Evergreen Historic District. Convenient to Overton Park. Well maintained.

217 N Mclean Blvd, Memphis

Listing courtesy of Sowell, Realtors.

$299,000
2 Beds ⋅ 1 Baths ⋅ 10224102 MLS
Well maintained duplex with covered parking near Crosstown Concourse. Special financing incentives available to owner occupants, including below market interest rates and up to $7,500 toward down payment or closing costs. 100% financing with no PMI.

1594 N Parkway Ave, Memphis

Listing courtesy of Sowell, Realtors.

$400,000
3 Beds ⋅ 2 Baths ⋅ 10224045 MLS
Fully occupied - do not disturb tenants - no showings until contract acceptance. Large Midtown duplex within walking distance to Overton Square and Overton Park.

2305 Madison Ave, Memphis

Listing courtesy of Sowell, Realtors.

$400,000
3 Beds ⋅ 2 Baths ⋅ 10224041 MLS
Fully occupied - do not disturb tenants - no showings until contract acceptance. Large Midtown duplex within walking distance to Overton Square and Overton Park.

2301 Madison Ave, Memphis

Listing courtesy of Sowell, Realtors.

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.