Real Estate Investment Properties for Sale in Memphis, TN

Looking for investment property in Memphis, TN with high ROI ?

Explore a variety of short-term homes & houses in Memphis, TN. Invest wisely with VRBO & Memphis, TN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Multi Family for Sale in Memphis, TN

Search for Multi Family for Sale in Memphis, Tennessee. Browse all of Mashvisor’s Multi Family listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 53 Multi Family listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3176 YALE Memphis, TN Updated Duplex in Eastern Heights â Prime Investment Opportunity in 38112! Located just ...	4 beds \| 2 baths \| N/A	$178,900	Airbnb cash on cash: 0.36% Traditional cash on cash: 10.52% Airbnb Rental Income: $756 Traditional Rental Income: $2170 Airbnb ROI: 0.36% Traditional ROI: 10.52%
1641 Forrest Ave Memphis, TN Experience the pinnacle of Midtown living in this beautifully renovated multi-family townh...	4 beds \| 2 baths \| N/A	$515,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 4.24% Airbnb Rental Income: $1900 Traditional Rental Income: $3287 Airbnb ROI: 0.3% Traditional ROI: 4.24%
1431 Latham Dr Memphis, TN MULTIPLE OFFER NOTICE ** Seller has multiple offers on the property. Property is being sol...	8 beds \| N/A baths \| N/A	$204,900	Airbnb cash on cash: 1.69% Traditional cash on cash: 3.81% Airbnb Rental Income: $1410 Traditional Rental Income: $1399 Airbnb ROI: 1.69% Traditional ROI: 3.81%
1086 S Bellevue Blvd Memphis, TN This renovated fourplex offers an immediate income stream with one unit currently leased f...	4 beds \| N/A baths \| N/A	$225,000	Airbnb cash on cash: -0.24% Traditional cash on cash: 4.44% Airbnb Rental Income: $756 Traditional Rental Income: $1437 Airbnb ROI: -0.24% Traditional ROI: 4.44%
279 W Person Ave Memphis, TN Triplex + Two Extra Lots! Excellent income-producing property located in the heart of Memp...	4 beds \| N/A baths \| N/A	$149,000	Airbnb cash on cash: 4.89% Traditional cash on cash: 8.09% Airbnb Rental Income: $1410 Traditional Rental Income: $1443 Airbnb ROI: 4.89% Traditional ROI: 8.09%
1481 OAKLAWN Memphis, TN Rare opportunity! This newly renovated duplex features attractive curb appeal and is ideal...	4 beds \| 2 baths \| N/A	$184,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 9.66% Airbnb Rental Income: $835 Traditional Rental Income: $2023 Airbnb ROI: 0.99% Traditional ROI: 9.66%
2012 Carnes Ave Memphis, TN For more information, contact Jeffrey Moore at (901) 277-0477. Visit http://www.crye-leike...	6 beds \| N/A baths \| 279 sq.ft.	$254,900	Airbnb cash on cash: 0.26% Traditional cash on cash: 6.71% Airbnb Rental Income: $835 Traditional Rental Income: $2059 Airbnb ROI: 0.26% Traditional ROI: 6.71%
3117 Pacific Ave Memphis, TN For more information, contact Tyler Tapley at (901) 871-1290. Visit http://www.crye-leike....	4 beds \| 2 baths \| N/A	$135,000	Airbnb cash on cash: 2.07% Traditional cash on cash: 7.24% Airbnb Rental Income: $855 Traditional Rental Income: $1194 Airbnb ROI: 2.07% Traditional ROI: 7.24%
804 Keel Ave Memphis, TN For more information, contact Tyler Tapley at (901) 871-1290. Visit http://www.crye-leike....	3 beds \| 2 baths \| N/A	$124,900	Airbnb cash on cash: 6.17% Traditional cash on cash: 11.41% Airbnb Rental Income: $1410 Traditional Rental Income: $1616 Airbnb ROI: 6.17% Traditional ROI: 11.41%
3255 Macon Rd Memphis, TN Great investment opportunity in a strong rental area of Memphis. This well-maintained dupl...	3 beds \| 2 baths \| N/A	$135,000	Airbnb cash on cash: 4.65% Traditional cash on cash: 10.26% Airbnb Rental Income: $1306 Traditional Rental Income: $1626 Airbnb ROI: 4.65% Traditional ROI: 10.26%
564 W Peebles Rd Memphis, TN Unique 2-for-1 Opportunity â Renovated Home + Rental Unit! Donât miss this rare chance...	3 beds \| N/A baths \| N/A	$129,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.19% Airbnb Rental Income: $null Traditional Rental Income: $1179 Airbnb ROI: N/A Traditional ROI: 7.19%
2375 Forrest Ave Memphis, TN Fully renovated, turnkey multifamily property in Midtown Memphis just minutes from Overton...	4 beds \| N/A baths \| N/A	$695,940	Airbnb cash on cash: -1.05% Traditional cash on cash: 0.21% Airbnb Rental Income: $756 Traditional Rental Income: $1259 Airbnb ROI: -1.05% Traditional ROI: 0.21%
635 Mcwhirter Ave Memphis, TN TENANT OCCUPIED!!!! DO NOT DISTURB TENANTS!!!! All offers must be approved prior to any ...	4 beds \| 2 baths \| N/A	$125,000	Airbnb cash on cash: 4.62% Traditional cash on cash: 10.34% Airbnb Rental Income: $1292 Traditional Rental Income: $1577 Airbnb ROI: 4.62% Traditional ROI: 10.34%
2484 Union Ave #1-2 Memphis, TN Great turnkey investment for savvy investor. Already leased and ready for new owner. Main...	4 beds \| 4 baths \| N/A	$425,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 6.12% Airbnb Rental Income: $1900 Traditional Rental Income: $3444 Airbnb ROI: 0.98% Traditional ROI: 6.12%
1009 Rozelle St Memphis, TN 7BEDS/4BATH w/ newer roof! Located near the Central Gardens Historic District & Cooper You...	14 beds \| N/A baths \| N/A	$399,800	Airbnb cash on cash: -0.56% Traditional cash on cash: 0.59% Airbnb Rental Income: $835 Traditional Rental Income: $936 Airbnb ROI: -0.56% Traditional ROI: 0.59%
68 N Willett St Memphis, TN Large duplex in Midtown that is for sale! Would be wonderful for an owner occupant home bu...	4 beds \| 3 baths \| N/A	$225,999	Airbnb cash on cash: -0.54% Traditional cash on cash: 5.22% Airbnb Rental Income: $835 Traditional Rental Income: $1737 Airbnb ROI: -0.54% Traditional ROI: 5.22%
2006 Felix Ave Memphis, TN Excellent investment opportunity! This triplex offers three separate living units, each wi...	4 beds \| N/A baths \| N/A	$437,750	Airbnb cash on cash: -1.05% Traditional cash on cash: 1.12% Airbnb Rental Income: $835 Traditional Rental Income: $1397 Airbnb ROI: -1.05% Traditional ROI: 1.12%
339 Marianna St Memphis, TN Fabulous, well maintained 2 Unit Duplex with 2 BR/1.5 BA on each side. Prime location nea...	4 beds \| 2 baths \| N/A	$460,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 5.39% Airbnb Rental Income: $756 Traditional Rental Income: $3072 Airbnb ROI: -0.72% Traditional ROI: 5.39%
3484 Vernon Ave Memphis, TN Nice Duplex available. Great Investment earning property with 2 bedrooms/1 bath on the Lef...	3 beds \| 2 baths \| N/A	$139,900	Airbnb cash on cash: -0.14% Traditional cash on cash: 9.6% Airbnb Rental Income: $584 Traditional Rental Income: $1605 Airbnb ROI: -0.14% Traditional ROI: 9.6%
3547 Spottswood Ave Memphis, TN A great opportunity in the U of M area. Updated Duplex featuring a 2 bedroom 1 bath unit w...	3 beds \| 2 baths \| N/A	$155,500	Airbnb cash on cash: 0.31% Traditional cash on cash: 8.12% Airbnb Rental Income: $808 Traditional Rental Income: $1645 Airbnb ROI: 0.31% Traditional ROI: 8.12%
3107 YALE Memphis, TN Exceptional Investment Opportunity in 38112! Just 3 minutes from the newly developed Tillm...	4 beds \| 2 baths \| N/A	$155,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 10.05% Airbnb Rental Income: $504 Traditional Rental Income: $1840 Airbnb ROI: -0.81% Traditional ROI: 10.05%
179 Vance Ave Memphis, TN Multifamily**AIRBNB**This place is HUGE with 9000 sqft. 2 Units. Each Unit is 7 bedroo...	N/A beds \| N/A baths \| N/A	$1,249,000	Airbnb cash on cash: -0.91% Traditional cash on cash: -0.29% Airbnb Rental Income: $1079 Traditional Rental Income: $1428 Airbnb ROI: -0.91% Traditional ROI: -0.29%
2659 Whitman Ave Memphis, TN Great Investment Opportunity! This duplex currently has one side occupied and one side tha...	4 beds \| 2 baths \| N/A	$194,900	Airbnb cash on cash: 0.85% Traditional cash on cash: 7.4% Airbnb Rental Income: $835 Traditional Rental Income: $1719 Airbnb ROI: 0.85% Traditional ROI: 7.4%
3743 Given Ave Memphis, TN Great investment opportunity in a desirable area! This well-maintained duplex is listed at...	4 beds \| 2 baths \| N/A	$215,000	Airbnb cash on cash: 2.39% Traditional cash on cash: 8.31% Airbnb Rental Income: $1306 Traditional Rental Income: $2106 Airbnb ROI: 2.39% Traditional ROI: 8.31%
105 N Holmes St Memphis, TN Excited to offer this fully remodeled, turn-key duplex showcasing quality craftsmanship an...	4 beds \| 2 baths \| N/A	$249,000	Airbnb cash on cash: 2% Traditional cash on cash: 6.91% Airbnb Rental Income: $1425 Traditional Rental Income: $2154 Airbnb ROI: 2% Traditional ROI: 6.91%
3045 Allison Ave Memphis, TN Renovated rental property with an active lease in place. Currently leased at $650 & $675 m...	4 beds \| 2 baths \| N/A	$158,270	Airbnb cash on cash: 0.76% Traditional cash on cash: 4.73% Airbnb Rental Income: $835 Traditional Rental Income: $1107 Airbnb ROI: 0.76% Traditional ROI: 4.73%
2033 Young Ave Memphis, TN Fully renovated multifamily asset located in the heart of the highly desirable Cooper-Youn...	5 beds \| N/A baths \| N/A	$826,995	Airbnb cash on cash: -1.81% Traditional cash on cash: -0.16% Airbnb Rental Income: $504 Traditional Rental Income: $1505 Airbnb ROI: -1.81% Traditional ROI: -0.16%
963 New York St Memphis, TN 963 New York Street is a fully renovated, turnkey multifamily property in the heart of Coo...	4 beds \| N/A baths \| N/A	$638,400	Airbnb cash on cash: -1.2% Traditional cash on cash: 0.72% Airbnb Rental Income: $504 Traditional Rental Income: $1376 Airbnb ROI: -1.2% Traditional ROI: 0.72%
1481 Oaklawn St Memphis, TN 1481 Oaklawn St, Memphis, TN 38114 \| Multi Family	4 beds \| 2 baths \| N/A	$184,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 6.57% Airbnb Rental Income: $756 Traditional Rental Income: $1542 Airbnb ROI: 0.28% Traditional ROI: 6.57%
1312 Faxon Ave Memphis, TN 1312 Faxon Ave, Memphis, TN 38104 \| Multi Family	3 beds \| N/A baths \| 1,512 sq.ft.	$146,500	Airbnb cash on cash: 0.77% Traditional cash on cash: 7.69% Airbnb Rental Income: $756 Traditional Rental Income: $1411 Airbnb ROI: 0.77% Traditional ROI: 7.69%
1053 Fleece Pl Memphis, TN 1053 Fleece Pl, Memphis, TN 38104 \| Multi Family	4 beds \| 2 baths \| N/A	$229,900	Airbnb cash on cash: 0.2% Traditional cash on cash: 5.11% Airbnb Rental Income: $835 Traditional Rental Income: $1576 Airbnb ROI: 0.2% Traditional ROI: 5.11%
1450 Oaklawn St Memphis, TN 1450 Oaklawn St, Memphis, TN 38114 \| Multi Family	3 beds \| 2 baths \| N/A	$130,000	Airbnb cash on cash: 1.08% Traditional cash on cash: 7.13% Airbnb Rental Income: $756 Traditional Rental Income: $1198 Airbnb ROI: 1.08% Traditional ROI: 7.13%
1005-1007 Rozelle St Memphis, TN 1005-1007 Rozelle St, Memphis, TN 38114 \| Multi Family	4 beds \| 2 baths \| N/A	$210,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 5.74% Airbnb Rental Income: $835 Traditional Rental Income: $1576 Airbnb ROI: 0.37% Traditional ROI: 5.74%
756 Garland St Memphis, TN 756 Garland St, Memphis, TN 38107 \| Multi Family	4 beds \| 2 baths \| N/A	$245,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 4.7% Airbnb Rental Income: $835 Traditional Rental Income: $1576 Airbnb ROI: 0.08% Traditional ROI: 4.7%
2525 Rozelle Rd Memphis, TN 2525 Rozelle Rd, Memphis, TN 38114 \| Multi Family	6 beds \| 2 baths \| N/A	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.26% Airbnb Rental Income: $null Traditional Rental Income: $1716 Airbnb ROI: N/A Traditional ROI: 6.26%
2369 Lamar Ave Memphis, TN 2369 Lamar Ave, Memphis, TN 38114 \| Multi Family	3 beds \| N/A baths \| N/A	$179,900	Airbnb cash on cash: 0.71% Traditional cash on cash: 4.28% Airbnb Rental Income: $835 Traditional Rental Income: $1117 Airbnb ROI: 0.71% Traditional ROI: 4.28%
5655 Myers Rd Memphis, TN 5655 Myers Rd, Memphis, TN 38115 \| Multi Family	4 beds \| 2 baths \| N/A	$185,000	Airbnb cash on cash: 2.6% Traditional cash on cash: 6.57% Airbnb Rental Income: $1246 Traditional Rental Income: $1549 Airbnb ROI: 2.6% Traditional ROI: 6.57%
334 N Mclean St N Memphis, TN 334 N Mclean St N, Memphis, TN 38112 \| Multi Family	12 beds \| N/A baths \| N/A	$885,000	Airbnb cash on cash: -1.54% Traditional cash on cash: -0.2% Airbnb Rental Income: $504 Traditional Rental Income: $1333 Airbnb ROI: -1.54% Traditional ROI: -0.2%
2617 Hale Ave Memphis, TN 2617 Hale Ave, Memphis, TN 38112 \| Multi Family	4 beds \| 2 baths \| N/A	$250,000	Airbnb cash on cash: -1.12% Traditional cash on cash: 4.46% Airbnb Rental Income: $504 Traditional Rental Income: $1549 Airbnb ROI: -1.12% Traditional ROI: 4.46%
829 N Dunlap St Memphis, TN 829 N Dunlap St, Memphis, TN 38107 \| Multi Family	2 beds \| 2 baths \| N/A	$90,000	Airbnb cash on cash: 8.49% Traditional cash on cash: 7.8% Airbnb Rental Income: $1414 Traditional Rental Income: $929 Airbnb ROI: 8.49% Traditional ROI: 7.8%

Your search for investment property begins and ends here

Multi Family for Sale in Memphis, TN

3176 YALE

Memphis, TN

4 beds | 2 baths | N/A

$178,900

Airbnb cash on cash: 0.36%

Traditional cash on cash: 10.52%

Airbnb Rental Income: $756

Traditional Rental Income: $2170

Airbnb ROI: 0.36%

Traditional ROI: 10.52%

1641 Forrest Ave

Memphis, TN

4 beds | 2 baths | N/A

$515,000

Airbnb cash on cash: 0.3%

Traditional cash on cash: 4.24%

Airbnb Rental Income: $1900

Traditional Rental Income: $3287

Airbnb ROI: 0.3%

Traditional ROI: 4.24%

1431 Latham Dr

Memphis, TN

8 beds | N/A baths | N/A

$204,900

Airbnb cash on cash: 1.69%

Traditional cash on cash: 3.81%

Airbnb Rental Income: $1410

Traditional Rental Income: $1399

Airbnb ROI: 1.69%

Traditional ROI: 3.81%

1086 S Bellevue Blvd

Memphis, TN

4 beds | N/A baths | N/A

$225,000

Airbnb cash on cash: -0.24%

Traditional cash on cash: 4.44%

Airbnb Rental Income: $756

Traditional Rental Income: $1437

Airbnb ROI: -0.24%

Traditional ROI: 4.44%

279 W Person Ave

Memphis, TN

4 beds | N/A baths | N/A

$149,000

Airbnb cash on cash: 4.89%

Traditional cash on cash: 8.09%

Airbnb Rental Income: $1410

Traditional Rental Income: $1443

Airbnb ROI: 4.89%

Traditional ROI: 8.09%

1481 OAKLAWN

Memphis, TN

4 beds | 2 baths | N/A

$184,000

Airbnb cash on cash: 0.99%

Traditional cash on cash: 9.66%

Airbnb Rental Income: $835

Traditional Rental Income: $2023

Airbnb ROI: 0.99%

Traditional ROI: 9.66%

2012 Carnes Ave

Memphis, TN

6 beds | N/A baths | 279 sq.ft.

$254,900

Airbnb cash on cash: 0.26%

Traditional cash on cash: 6.71%

Airbnb Rental Income: $835

Traditional Rental Income: $2059

Airbnb ROI: 0.26%

Traditional ROI: 6.71%

3117 Pacific Ave

Memphis, TN

4 beds | 2 baths | N/A

$135,000

Airbnb cash on cash: 2.07%

Traditional cash on cash: 7.24%

Airbnb Rental Income: $855

Traditional Rental Income: $1194

Airbnb ROI: 2.07%