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$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.

$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.

$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.

$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.

$885,000
10201822 MLS
Exceptional Mixed-Use Investment Opportunity in Downtown Memphis Located in the vibrant heart of Downtown Memphis, this high-value mixed-use complex presents a rare opportunity to invest in a stable and strategically positioned property. Boasting outstanding visibility and consistent foot traffic, the site is just steps from iconic landmarks, including the renowned Peabody Hotel. Key highlights: ...Prime Location: Surrounded by cultural, commercial, and entertainment hubs ...High Foot Traffic: Ideal for retail, dining, and service-oriented tenants ...Flexible Zoning: Supports a variety of uses to maximize ROI Strong Investment Potential: Proven stability and long-term growth prospects Whether you're seeking a flagship retail space, dynamic office suites, or residential development potential, this property offers unmatched versatility and prominence in one of Memphis’s most desirable districts.

18 N Second St, Memphis

Listing courtesy of The Peyton Co., Inc., REALTORS.

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