Memphis Investment Analysis

Investment Property in Memphis, TN

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Memphis, TN Real Estate Investment Performance

PROPERTY SALE PRICE

$209,774

Median

1,857

Avg/Sq.ft.
CASH ON CASH RETURN

7.00%

Traditional

4.00%

Airbnb
NUMBER OF PROPERTIES

4,643

Investment

1,215

Airbnb

237

Traditional

29%

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
$125,900
MLS 10225227
Berclair-Highland Heights
Other
4 beds 2 baths 882 sq.ft.
CAP RATE Trad. 10.77% Airbnb 10.38%
Investment Properties for Sale
$159,900
MLS 10230589
Parkway Village-Oakhaven
Other
4 beds 2 baths 1,559 sq.ft.
CAP RATE Trad. 10.89% Airbnb 10.28%
Investment Properties for Sale
$95,000
MLS 10214303
Downtown
Other
2 beds 1 baths 732 sq.ft.
CAP RATE Trad. 5.87% Airbnb 10.48%
Investment Properties for Sale
$160,000
MLS 10233541
East Memphis
Other
4 beds 2 baths 1,523 sq.ft.
CAP RATE Trad. 10.76% Airbnb 10.20%
Investment Properties for Sale
$122,000
MLS 10221975
Shelby Forest-Frayser
Other
3 beds 2 baths 1,330 sq.ft.
CAP RATE Trad. 12.30% Airbnb 10.29%
Investment Properties for Sale
$125,000
MLS 10228416
Shelby Forest-Frayser
Other
3 beds 1 baths 989 sq.ft.
CAP RATE Trad. 9.19% Airbnb 10.26%
Investment Properties for Sale
$98,000
MLS 10220638
White Haven-Coro Lake
Other
3 beds 1 baths 816 sq.ft.
CAP RATE Trad. 12.34% Airbnb 10.34%
Investment Properties for Sale
$125,000
MLS 10228430
Shelby Forest-Frayser
Other
3 beds 2 baths 1,110 sq.ft.
CAP RATE Trad. 7.07% Airbnb 10.21%

Single Family Houses for Sale in Memphis, TN

Investment Properties for Sale
$140,000
MLS 10226998
Shelby Forest-Frayser
Single Family Residential
3 beds 2 baths 1,313 sq.ft.
CAP RATE Trad. 10.99% Airbnb 9.12%
Investment Properties for Sale
$143,910
MLS 10231204
East Memphis
Single Family Residential
3 beds 1 baths 966 sq.ft.
CAP RATE Trad. 8.54% Airbnb 8.33%
Investment Properties for Sale
$143,000
MLS 10233830
Parkway Village-Oakhaven
Single Family Residential
3 beds 2 baths 1,400 sq.ft.
CAP RATE Trad. 6.52% Airbnb 7.80%
Investment Properties for Sale
$98,000
MLS 10230492
Raleigh
Single Family Residential
3 beds 2 baths 1,245 sq.ft.
CAP RATE Trad. 12.47% Airbnb 7.64%
Investment Properties for Sale
$127,700
MLS 10232267
White Haven-Coro Lake
Single Family Residential
3 beds 1 baths 960 sq.ft.
CAP RATE Trad. 8.08% Airbnb 7.50%
Investment Properties for Sale
$210,000
MLS 10216907
Parkway Village-Oakhaven
Single Family Residential
4 beds 2 baths 2,019 sq.ft.
CAP RATE Trad. 6.50% Airbnb 7.31%
Investment Properties for Sale
$154,900
MLS 10233479
White Haven-Coro Lake
Single Family Residential
4 beds 2 baths 1,642 sq.ft.
CAP RATE Trad. 12.07% Airbnb 7.35%
Investment Properties for Sale
$219,999
MLS 10232367
East Memphis
Single Family Residential
4 beds 2 baths 1,320 sq.ft.
CAP RATE Trad. 6.70% Airbnb 7.11%

Multi Family Houses for sale in Memphis, TN

Investment Properties for Sale
$120,000
MLS 10231640
Midtown
Multi Family
2 beds 2 baths 1,107 sq.ft.
CAP RATE Trad. 9.14% Airbnb 9.62%
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 7.29%
Investment Properties for Sale
$148,000
MLS 10233703
Midtown
Multi Family
2 beds 2 baths 1,224 sq.ft.
CAP RATE Trad. 4.01% Airbnb 7.18%
Investment Properties for Sale
$144,000
MLS 10230238
East Memphis
Multi Family
4 beds 2 baths 1,606 sq.ft.
CAP RATE Trad. 10.63% Airbnb 6.94%
Investment Properties for Sale
$135,000
MLS 10215388
White Haven-Coro Lake
Multi Family
4 beds 4 baths 1,922 sq.ft.
CAP RATE Trad. 9.98% Airbnb 6.64%
Investment Properties for Sale
$162,900
MLS 10217394
Midtown
Multi Family
4 beds 2 baths 1,650 sq.ft.
CAP RATE Trad. 9.06% Airbnb 6.57%
Investment Properties for Sale
$215,000
MLS 10208734
Berclair-Highland Heights
Multi Family
4 beds 2 baths 1,956 sq.ft.
CAP RATE Trad. 8.78% Airbnb 5.68%
Investment Properties for Sale
$148,000
MLS 10224990
Berclair-Highland Heights
Multi Family
4 beds 2 baths 1,151 sq.ft.
CAP RATE Trad. 8.25% Airbnb 4.92%

Condos for Sale in Memphis, TN

Investment Properties for Sale
$110,000
MLS 10232036
East Memphis
Condo/Coop
2 beds 2 baths 918 sq.ft.
CAP RATE Trad. 7.10% Airbnb 7.39%
Investment Properties for Sale
$195,000
MLS 10232432
East Memphis
Condo/Coop
3 beds 2 baths 1,509 sq.ft.
CAP RATE Trad. 8.36% Airbnb 5.42%
Investment Properties for Sale
$195,000
MLS 10232024
East Memphis
Condo/Coop
3 beds 2 baths 1,443 sq.ft.
CAP RATE Trad. 7.23% Airbnb 5.38%
Investment Properties for Sale
$159,900
MLS 10211217
Downtown
Condo/Coop
2 beds 2 baths 913 sq.ft.
CAP RATE Trad. 7.96% Airbnb 5.38%
Investment Properties for Sale
$202,500
MLS 10229601
East Memphis
Condo/Coop
3 beds 3 baths 1,834 sq.ft.
CAP RATE Trad. 9.07% Airbnb 5.04%
Investment Properties for Sale
$139,900
MLS 10228115
Berclair-Highland Heights
Condo/Coop
3 beds 3 baths 1,651 sq.ft.
CAP RATE Trad. 8.09% Airbnb 4.74%
Investment Properties for Sale
$220,000
MLS 10233005
East Memphis
Condo/Coop
3 beds 2 baths 1,440 sq.ft.
CAP RATE Trad. 6.30% Airbnb 4.66%
Investment Properties for Sale
$227,000
MLS 10226437
East Memphis
Condo/Coop
3 beds 2 baths 1,673 sq.ft.
CAP RATE Trad. 5.21% Airbnb 4.50%

Townhouses for Sale in Memphis, TN

Investment Properties for Sale
$125,000
MLS 10230739
Hickory Ridge-South Riverdale
Townhouse
2 beds 2 baths 914 sq.ft.
CAP RATE Trad. 6.14% Airbnb 9.39%
Investment Properties for Sale
$84,995
MLS 10233095
East Memphis
Townhouse
2 beds 2 baths 1,490 sq.ft.
CAP RATE Trad. 10.24% Airbnb 7.84%
Investment Properties for Sale
$189,900
MLS 10230395
Cordova
Townhouse
3 beds 3 baths 1,483 sq.ft.
CAP RATE Trad. 8.46% Airbnb 6.56%
Investment Properties for Sale
$214,900
MLS 10229902
Cordova
Townhouse
3 beds 3 baths 1,824 sq.ft.
CAP RATE Trad. 8.65% Airbnb 5.40%
Investment Properties for Sale
$159,900
MLS 10233253
Hickory Ridge-South Riverdale
Townhouse
3 beds 2 baths 1,451 sq.ft.
CAP RATE Trad. 7.84% Airbnb 5.43%
Investment Properties for Sale
$215,000
MLS 10227276
East Memphis
Townhouse
3 beds 3 baths 1,546 sq.ft.
CAP RATE Trad. 7.43% Airbnb 4.82%
Investment Properties for Sale
$219,900
MLS 10232053
East Memphis
Townhouse
3 beds 2 baths 1,625 sq.ft.
CAP RATE Trad. 7.20% Airbnb 4.68%
Investment Properties for Sale
$222,000
MLS 10232869
East Memphis
Townhouse
3 beds 3 baths 1,710 sq.ft.
CAP RATE Trad. 8.11% Airbnb 4.63%

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
$76 per night Airbnb occupancy rate 45%
Guesthouse 1 · 1 · 2
Rental Income: $1,032 per month
4.78
1473
Private Safe Hideaway in Prime Midtown Location
$68 per night Airbnb occupancy rate 40%
Guest suite 1 · 1 · 3
Rental Income: $833 per month
4.98
991
Clean & Serene Studio - easy on/off interstate
$184 per night Airbnb occupancy rate 36%
Guest suite 1 · 1 · 3
Rental Income: $2,024 per month
4.87
984
Boho Groove - urban studio with relaxing backyard
$146 per night Airbnb occupancy rate 47%
Apartment 1 · 1 · 3
Rental Income: $2,093 per month
4.9
915
Cozy Duplex in "Historically Hip" Cooper-Young
$124 per night Airbnb occupancy rate 54%
House 2 · 1 · 5
Rental Income: $2,025 per month
4.92
873
Private Rustic Carriage House
$77 per night Airbnb occupancy rate 50%
Entire guesthouse 1 · 1 · 2
Rental Income: $1,181 per month
4.78
865
The Blue Heron-elegant urban studio in city center
$93 per night Airbnb occupancy rate 35%
Apartment 1 · 1 · 4
Rental Income: $1,000 per month
4.89
855
Relaxing apt by Overton Square and Overton Park.
$92 per night Airbnb occupancy rate 35%
Entire guesthouse 1 · 1 · 4
Rental Income: $989 per month
4.89
822

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
Kingsport $279,000 6% 2% $1,927 $1,510 513 28%
Johnson City $375,000 5% 3% $2,115 $1,528 383 30%
Jonesborough $439,000 4% 1% $2,115 $1,503 183 25%
Bristol $275,000 5% 3% $1,710 $1,665 173 27%
View all tennessee cities

Vacation Rentals for Sale in tennessee

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