Memphis Investment Analysis

Investment Property in Memphis, TN

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Memphis, TN Real Estate Investment Performance

PROPERTY SALE PRICE

$209,774

Median

1,872

Avg/Sq.ft.
CASH ON CASH RETURN

6.00%

Traditional

2.00%

Airbnb
NUMBER OF PROPERTIES

4,643

Investment

1,172

Airbnb

237

Traditional

21%

Airbnb occupancy rate

Redfin Housing market insights powered by Redfin

1,398

Number of homes sold

46

Median days on market

96%

Average sale-to-list price ratio

37%

Percentage of listings with price drops

4,643

Active listings count

2,604

New listings count

5.9

Months of supply

Memphis, TN Properties Rental Prices

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Investment Properties for Sale in Memphis, TN

Investment Properties for Sale
$98,900
MLS 10219031
Downtown
Single Family Residential
3 beds 1 baths 1,174 sq.ft.
CAP RATE Trad. 9.34% Airbnb 10.20%
Investment Properties for Sale
$99,000
MLS 10216446
Midtown
Single Family Residential
4 beds 1 baths 1,066 sq.ft.
CAP RATE Trad. 12.33% Airbnb 9.82%
Investment Properties for Sale
$99,900
MLS 10222400
Downtown
Single Family Residential
3 beds 1 baths 1,696 sq.ft.
CAP RATE Trad. 10.95% Airbnb 9.80%
Investment Properties for Sale
$188,900
MLS 10223595
East Memphis
Single Family Residential
4 beds 2 baths 2,156 sq.ft.
CAP RATE Trad. 10.85% Airbnb 9.42%
Investment Properties for Sale
$105,000
MLS 10225806
Downtown
Single Family Residential
3 beds 1 baths 1,039 sq.ft.
CAP RATE Trad. 12.46% Airbnb 9.46%
Investment Properties for Sale
$204,500
MLS 10212132
Raleigh
Single Family Residential
5 beds 2 baths 1,754 sq.ft.
CAP RATE Trad. 6.99% Airbnb 9.17%
Investment Properties for Sale
$80,000
MLS 10213873
East Memphis
Single Family Residential
3 beds 1 baths 962 sq.ft.
CAP RATE Trad. 11.17% Airbnb 9.48%
Investment Properties for Sale
$94,900
MLS 10214008
Shelby Forest-Frayser
Single Family Residential
3 beds 1 baths 1,043 sq.ft.
CAP RATE Trad. 9.12% Airbnb 9.01%

Single Family Houses for Sale in Memphis, TN

Investment Properties for Sale
$98,900
MLS 10219031
Downtown
Single Family Residential
3 beds 1 baths 1,174 sq.ft.
CAP RATE Trad. 9.34% Airbnb 10.20%
Investment Properties for Sale
$99,000
MLS 10216446
Midtown
Single Family Residential
4 beds 1 baths 1,066 sq.ft.
CAP RATE Trad. 12.33% Airbnb 9.82%
Investment Properties for Sale
$99,900
MLS 10222400
Downtown
Single Family Residential
3 beds 1 baths 1,696 sq.ft.
CAP RATE Trad. 10.95% Airbnb 9.80%
Investment Properties for Sale
$188,900
MLS 10223595
East Memphis
Single Family Residential
4 beds 2 baths 2,156 sq.ft.
CAP RATE Trad. 10.85% Airbnb 9.42%
Investment Properties for Sale
$105,000
MLS 10225806
Downtown
Single Family Residential
3 beds 1 baths 1,039 sq.ft.
CAP RATE Trad. 12.46% Airbnb 9.46%
Investment Properties for Sale
$204,500
MLS 10212132
Raleigh
Single Family Residential
5 beds 2 baths 1,754 sq.ft.
CAP RATE Trad. 6.99% Airbnb 9.17%
Investment Properties for Sale
$80,000
MLS 10213873
East Memphis
Single Family Residential
3 beds 1 baths 962 sq.ft.
CAP RATE Trad. 11.17% Airbnb 9.48%
Investment Properties for Sale
$94,900
MLS 10214008
Shelby Forest-Frayser
Single Family Residential
3 beds 1 baths 1,043 sq.ft.
CAP RATE Trad. 9.12% Airbnb 9.01%

Multi Family Houses for sale in Memphis, TN

Investment Properties for Sale
$125,000
MLS 10216782
Midtown
Multi Family
4 beds 2 baths 1,296 sq.ft.
CAP RATE Trad. 12.18% Airbnb 7.58%
Investment Properties for Sale
$135,000
MLS 10214213
Berclair-Highland Heights
Multi Family
4 beds 2 baths 1,739 sq.ft.
CAP RATE Trad. 10.23% Airbnb 5.94%
Investment Properties for Sale
$158,270
MLS 10213388
Midtown
Multi Family
4 beds 2 baths 1,779 sq.ft.
CAP RATE Trad. 5.36% Airbnb 5.61%
Investment Properties for Sale
$144,900
MLS 10214152
Midtown
Multi Family
4 beds 2 baths 1,509 sq.ft.
CAP RATE Trad. 8.46% Airbnb 5.45%
Investment Properties for Sale
$150,000
MLS 10224990
Berclair-Highland Heights
Multi Family
4 beds 2 baths 1,151 sq.ft.
CAP RATE Trad. 8.12% Airbnb 5.34%
Investment Properties for Sale
$184,000
MLS 10213592
Midtown
Multi Family
4 beds 2 baths 1,355 sq.ft.
CAP RATE Trad. 7.26% Airbnb 4.92%
Investment Properties for Sale
$315,000
MLS 10224879
Midtown
Multi Family
6 beds 4 baths 3,469 sq.ft.
CAP RATE Trad. 11.53% Airbnb 4.80%
Investment Properties for Sale
$160,000
MLS 10221230
Berclair-Highland Heights
Multi Family
4 beds 2 baths 1,738 sq.ft.
CAP RATE Trad. 11.09% Airbnb 4.87%

Condos for Sale in Memphis, TN

Investment Properties for Sale
$76,000
MLS 10214432
Berclair-Highland Heights
Condo/Coop
2 beds 1 baths 1,338 sq.ft.
CAP RATE Trad. 6.98% Airbnb 5.70%
Investment Properties for Sale
$122,000
MLS 10220835
Berclair-Highland Heights
Condo/Coop
1 beds 1 baths 944 sq.ft.
CAP RATE Trad. 7.73% Airbnb 4.99%
Investment Properties for Sale
$109,000
MLS 10219550
Hickory Ridge-South Riverdale
Condo/Coop
3 beds 2 baths 1,518 sq.ft.
CAP RATE Trad. 12.34% Airbnb 4.98%
Investment Properties for Sale
$135,000
MLS 10202412
Berclair-Highland Heights
Condo/Coop
1 beds 1 baths 1,075 sq.ft.
CAP RATE Trad. 7.19% Airbnb 4.48%
Investment Properties for Sale
$80,000
MLS 10216449
East Memphis
Condo/Coop
2 beds 1 baths 1,054 sq.ft.
CAP RATE Trad. 6.63% Airbnb 4.49%
Investment Properties for Sale
$90,000
MLS 10216452
East Memphis
Condo/Coop
2 beds 1 baths 1,054 sq.ft.
CAP RATE Trad. 5.78% Airbnb 3.88%
Investment Properties for Sale
$174,900
MLS 10223343
East Memphis
Condo/Coop
3 beds 2 baths 1,410 sq.ft.
CAP RATE Trad. 5.74% Airbnb 3.63%
Investment Properties for Sale
$79,500
MLS 10220120
East Memphis
Condo/Coop
1 beds 1 baths 667 sq.ft.
CAP RATE Trad. 10.18% Airbnb 3.44%

Townhouses for Sale in Memphis, TN

Investment Properties for Sale
$120,000
MLS 10224231
Hickory Ridge-South Riverdale
Townhouse
2 beds 2 baths 1,340 sq.ft.
CAP RATE Trad. 11.76% Airbnb 4.22%
Investment Properties for Sale
$359,000
MLS 10218901
East Memphis
Townhouse
4 beds 2 baths 1,963 sq.ft.
CAP RATE Trad. 5.91% Airbnb 4.02%
Investment Properties for Sale
$156,000
MLS 10209692
Hickory Ridge-South Riverdale
Townhouse
2 beds 2 baths 1,386 sq.ft.
CAP RATE Trad. 9.35% Airbnb 3.37%
Investment Properties for Sale
$424,000
MLS 10217379
East Memphis
Townhouse
3 beds 2 baths 2,932 sq.ft.
CAP RATE Trad. 2.48% Airbnb 3.23%
Investment Properties for Sale
$192,400
MLS 10219714
Hickory Ridge-South Riverdale
Townhouse
2 beds 2 baths 1,619 sq.ft.
CAP RATE Trad. 7.05% Airbnb 2.19%
Investment Properties for Sale
$250,000
MLS 10226283
Midtown
Townhouse
3 beds 2 baths 1,753 sq.ft.
CAP RATE Trad. 7.72% Airbnb 1.86%
Investment Properties for Sale
$230,000
MLS 10225672
Hickory Ridge-South Riverdale
Townhouse
2 beds 2 baths 1,223 sq.ft.
CAP RATE Trad. 2.65% Airbnb 1.67%
Investment Properties for Sale
$299,000
MLS 10198176
Midtown
Townhouse
3 beds 2 baths 1,760 sq.ft.
CAP RATE Trad. 6.78% Airbnb 1.57%

Top Memphis, TN Neighborhoods - Real Estate Market Analysis

Shelby Forest-Frayser
PROPERTY PRICE

$199,000

Median for city
CAP RATE

7.62%

Traditional

18.08%

Airbnb
RENTAL INCOME

$ 1,376

Traditional

$ 2,761

Airbnb

58%

Airbnb occupancy rate
Downtown
PROPERTY PRICE

$199,000

Median for city
CAP RATE

6.66%

Traditional

8.02%

Airbnb
RENTAL INCOME

$ 2,162

Traditional

$ 2,785

Airbnb

43%

Airbnb occupancy rate
Berclair-Highland Heights
PROPERTY PRICE

$199,000

Median for city
CAP RATE

6.26%

Traditional

6.95%

Airbnb
RENTAL INCOME

$ 958

Traditional

$ 1,695

Airbnb

58%

Airbnb occupancy rate
Cordova
PROPERTY PRICE

$199,000

Median for city
CAP RATE

3.71%

Traditional

5.72%

Airbnb
RENTAL INCOME

$ 1,470

Traditional

$ 2,122

Airbnb

42%

Airbnb occupancy rate
Raleigh
PROPERTY PRICE

$199,000

Median for city
CAP RATE

6.68%

Traditional

19.70%

Airbnb
RENTAL INCOME

$ 984

Traditional

$ 7,971

Airbnb

53%

Airbnb occupancy rate
Parkway Village-Oakhaven
PROPERTY PRICE

$199,000

Median for city
CAP RATE

5.92%

Traditional

11.48%

Airbnb
RENTAL INCOME

$ 927

Traditional

$ 1,556

Airbnb

38%

Airbnb occupancy rate
East Memphis
PROPERTY PRICE

$199,000

Median for city
CAP RATE

5.54%

Traditional

5.81%

Airbnb
RENTAL INCOME

$ 2,060

Traditional

$ 2,238

Airbnb

50%

Airbnb occupancy rate
Midtown
PROPERTY PRICE

$199,000

Median for city
CAP RATE

5.77%

Traditional

6.89%

Airbnb
RENTAL INCOME

$ 1,355

Traditional

$ 2,177

Airbnb

48%

Airbnb occupancy rate
River Oaks-Kirby-Balmoral
PROPERTY PRICE

$199,000

Median for city
CAP RATE

5.16%

Traditional

3.99%

Airbnb
RENTAL INCOME

$ 2,098

Traditional

$ 2,127

Airbnb

63%

Airbnb occupancy rate
Hickory Ridge-South Riverdale
PROPERTY PRICE

$199,000

Median for city
CAP RATE

7.44%

Traditional

3.53%

Airbnb
RENTAL INCOME

$ 1,910

Traditional

$ 1,359

Airbnb

40%

Airbnb occupancy rate

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Airbnb Vacation Rentals in Memphis, TN

The Memphis Farmhouse  Cottage
$74 per night Airbnb occupancy rate 41%
Entire guesthouse 1 · 1 · 2
Rental Income: $931 per month
4.78
1463
Private Safe Hideaway in Prime Midtown Location
$74 per night Airbnb occupancy rate 40%
Guest suite 1 · 0 · 3
Rental Income: $900 per month
4.98
965
Clean & Serene Studio - easy on/off interstate
$157 per night Airbnb occupancy rate 30%
Guest suite 1 · 1 · 3
Rental Income: $1,426 per month
4.87
961
Boho Groove - urban studio with relaxing backyard
$132 per night Airbnb occupancy rate 34%
Apartment 1 · 1 · 3
Rental Income: $1,375 per month
4.9
898
Cozy Duplex in "Historically Hip" Cooper-Young
$126 per night Airbnb occupancy rate 37%
House 2 · 1 · 5
Rental Income: $1,418 per month
4.92
859
Private Rustic Carriage House
$83 per night Airbnb occupancy rate 38%
Guesthouse 1 · 0 · 2
Rental Income: $955 per month
4.79
843
The Blue Heron-elegant urban studio in city center
$146 per night Airbnb occupancy rate 19%
Apartment 1 · 1 · 4
Rental Income: $864 per month
4.89
841
Relaxing apt by Overton Square and Overton Park.
$100 per night Airbnb occupancy rate 28%
Entire guesthouse 1 · 1 · 4
Rental Income: $867 per month
4.88
814

Real Estate Investment Analysis - Other Cities in tennessee

City Name Property price Cash on cash return Rental Income No. of Properties Airbnb Occupancy Rate
Median traditional Airbnb traditional Airbnb
Murfreesboro $474,900 2% 1% $2,028 $1,695 1,596 27%
Kingsport $299,000 5% 1% $2,024 $1,283 510 23%
Johnson City $383,333 4% 2% $2,114 $1,816 354 21%
Jonesborough $442,500 4% 1% $2,142 $1,583 210 24%
Bristol $275,500 5% 2% $1,796 $1,461 191 23%
View all tennessee cities

Vacation Rentals for Sale in tennessee

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