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 43 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
518 HARAHAN Rd Memphis, TN Buyer failed to close! Their loss is your opportunity! Terrific opportunity to own an upda...	4 beds \| 4 baths \| 1,922 sq.ft.	$135,000	Airbnb cash on cash: 6.41% Traditional cash on cash: 9.63% Airbnb Rental Income: $1611 Traditional Rental Income: $1571 Airbnb ROI: 6.41% Traditional ROI: 9.63%
1055 TREADWELL St Memphis, TN Drive only. DO NOT DISTURB TENANT!! Good looking 2 bedroom, 1 bath on each side painted br...	4 beds \| 2 baths \| 1,738 sq.ft.	$160,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 10.76% Airbnb Rental Income: $882 Traditional Rental Income: $1952 Airbnb ROI: 1.56% Traditional ROI: 10.76%
3117 PACIFIC Ave Memphis, TN INVESTORS ONLY! Fully rented brick duplex....each side rented at $550 (total rent is $1100...	4 beds \| 2 baths \| 1,739 sq.ft.	$135,000	Airbnb cash on cash: 2% Traditional cash on cash: 9.87% Airbnb Rental Income: $882 Traditional Rental Income: $1566 Airbnb ROI: 2% Traditional ROI: 9.87%
3743 GIVEN Ave Memphis, TN Great investment opportunity in a desirable area! This well-maintained duplex is listed at...	4 beds \| 2 baths \| 1,956 sq.ft.	$215,000	Airbnb cash on cash: 5.56% Traditional cash on cash: 8.59% Airbnb Rental Income: $2014 Traditional Rental Income: $2106 Airbnb ROI: 5.56% Traditional ROI: 8.59%
3045 ALLISON Ave Memphis, TN Renovated rental property with an active lease in place. Currently leased at $650 & $675 m...	4 beds \| 2 baths \| 1,779 sq.ft.	$158,270	Airbnb cash on cash: 7.07% Traditional cash on cash: 5.2% Airbnb Rental Income: $1895 Traditional Rental Income: $1107 Airbnb ROI: 7.07% Traditional ROI: 5.2%
1481 OAKLAWN St Memphis, TN All Brick Duplex ~~2 Bedroom 1 bath on each side~~ Newer paint, flooring, kitchens and bat...	4 beds \| 2 baths \| 1,355 sq.ft.	$114,900	Airbnb cash on cash: 3.61% Traditional cash on cash: 10.43% Airbnb Rental Income: $1168 Traditional Rental Income: $1542 Airbnb ROI: 3.61% Traditional ROI: 10.43%
1394 CHADWICK Cir Memphis, TN Updated duplex offering two separate units, each featuring 2 bedrooms and 1 bathroom. Both...	4 beds \| 2 baths \| 1,824 sq.ft.	$186,000	Airbnb cash on cash: 2.44% Traditional cash on cash: 6.81% Airbnb Rental Income: $1168 Traditional Rental Income: $1557 Airbnb ROI: 2.44% Traditional ROI: 6.81%
1464 PEABODY Ave Memphis, TN This exceptional duplex, designed for optimal flow, features well-placed bedrooms and bath...	6 beds \| 4 baths \| 4,398 sq.ft.	$495,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 5% Airbnb Rental Income: $1168 Traditional Rental Income: $3385 Airbnb ROI: -0.61% Traditional ROI: 5%
1507 OAKWOOD St Memphis, TN Welcome to 1507/1509 Oakwood, a great duplex investment opportunity offering income potent...	4 beds \| 2 baths \| 1,357 sq.ft.	$119,900	Airbnb cash on cash: 2.47% Traditional cash on cash: 11.1% Airbnb Rental Income: $882 Traditional Rental Income: $1544 Airbnb ROI: 2.47% Traditional ROI: 11.1%
2428 VOLLINTINE Ave Memphis, TN INVESTORS ONLY! Solid cash flowing duplex that would make an excellent addition to your po...	2 beds \| 2 baths \| 1,224 sq.ft.	$148,000	Airbnb cash on cash: 6.95% Traditional cash on cash: 3.89% Airbnb Rental Income: $1895 Traditional Rental Income: $956 Airbnb ROI: 6.95% Traditional ROI: 3.89%
217 N HOLLYWOOD St Memphis, TN Fully remodeled duplex in 38112 with endless possibilities. Both units are fully furnished...	2 beds \| 2 baths \| 1,230 sq.ft.	$240,000	Airbnb cash on cash: 1.64% Traditional cash on cash: 2.36% Airbnb Rental Income: $1168 Traditional Rental Income: $949 Airbnb ROI: 1.64% Traditional ROI: 2.36%
857 N BINGHAM St Memphis, TN Buyer failed to close! Their loss is your opportunity! Great investment opportunity! Two d...	4 beds \| 2 baths \| 2,300 sq.ft.	$235,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 8.27% Airbnb Rental Income: $1168 Traditional Rental Income: $2245 Airbnb ROI: 1.7% Traditional ROI: 8.27%
865 N BINGHAM St Memphis, TN Buyer failed to close! Their loss is your opportunity! Duplex investment available in terr...	4 beds \| 2 baths \| 1,296 sq.ft.	$125,000	Airbnb cash on cash: 4.3% Traditional cash on cash: 11.72% Airbnb Rental Income: $1168 Traditional Rental Income: $1677 Airbnb ROI: 4.3% Traditional ROI: 11.72%
3025 WAYNOKA Ave Memphis, TN New construction duplex in the heart of Memphis! 3023-3025 Waynoka Ave features two units,...	4 beds \| 2 baths \| 1,738 sq.ft.	$269,900	Airbnb cash on cash: 4.06% Traditional cash on cash: 6.52% Airbnb Rental Income: $1895 Traditional Rental Income: $2017 Airbnb ROI: 4.06% Traditional ROI: 6.52%
201 STONEWALL St Memphis, TN Seller Offers: 2-1 rate buy down or 3% towards buyer closing costs: *Bonus: this property ...	5 beds \| 4 baths \| 3,998 sq.ft.	$424,999	Airbnb cash on cash: 0.76% Traditional cash on cash: 8.75% Airbnb Rental Income: $1895 Traditional Rental Income: $4571 Airbnb ROI: 0.76% Traditional ROI: 8.75%
3176 YALE Ave Memphis, TN Updated Duplex in Eastern Heights - Prime Investment Opportunity in 38112! Located just 8 ...	4 beds \| 2 baths \| 1,650 sq.ft.	$162,900	Airbnb cash on cash: 6.38% Traditional cash on cash: 8.79% Airbnb Rental Income: $1895 Traditional Rental Income: $1766 Airbnb ROI: 6.38% Traditional ROI: 8.79%
2452 SARATOGA Ave Memphis, TN INVESTOR ALERT! Turnkey, tenant-occupied duplex with strong cash flow, exceeding the 1% ru...	2 beds \| 2 baths \| 1,107 sq.ft.	$120,000	Airbnb cash on cash: 9.24% Traditional cash on cash: 8.78% Airbnb Rental Income: $1895 Traditional Rental Income: $1337 Airbnb ROI: 9.24% Traditional ROI: 8.78%
2525 ROZELLE St Memphis, TN Income-producing duplex with upside at 2525 Rozelle! Each side offers 3 bedrooms and 1.5 b...	6 beds \| 4 baths \| 2,280 sq.ft.	$199,900	Airbnb cash on cash: 3.52% Traditional cash on cash: 9.01% Airbnb Rental Income: $1611 Traditional Rental Income: $2195 Airbnb ROI: 3.52% Traditional ROI: 9.01%
766 ROLAND St Memphis, TN ___ Seller requires acceptable offer prior to showing. ______. Well-maintained duplex in t...	4 beds \| 4 baths \| 2,895 sq.ft.	$399,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 5.59% Airbnb Rental Income: $1168 Traditional Rental Income: $3004 Airbnb ROI: -0.34% Traditional ROI: 5.59%
2301 MADISON Ave Memphis, TN Fully occupied - do not disturb tenants - no showings until contract acceptance. Large Mid...	6 beds \| 3 baths \| 3,926 sq.ft.	$395,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 5.51% Airbnb Rental Income: $1168 Traditional Rental Income: $2900 Airbnb ROI: -0.2% Traditional ROI: 5.51%
2305 MADISON Ave Memphis, TN Fully occupied - do not disturb tenants - no showings until contract acceptance. Large Mid...	6 beds \| 3 baths \| 3,940 sq.ft.	$395,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 5.2% Airbnb Rental Income: $1168 Traditional Rental Income: $2749 Airbnb ROI: -0.1% Traditional ROI: 5.2%
1594 N PARKWAY Ave Memphis, TN Well maintained duplex with covered parking near Crosstown Concourse. Special financing in...	4 beds \| 2 baths \| 2,118 sq.ft.	$299,000	Airbnb cash on cash: -0.48% Traditional cash on cash: 5.95% Airbnb Rental Income: $743 Traditional Rental Income: $2239 Airbnb ROI: -0.48% Traditional ROI: 5.95%
217 N MCLEAN Blvd Memphis, TN Large duplex in Evergreen Historic District. Convenient to Overton Park. Well maintained.	6 beds \| 4 baths \| 3,860 sq.ft.	$395,000	Airbnb cash on cash: -0.86% Traditional cash on cash: 8.8% Airbnb Rental Income: $743 Traditional Rental Income: $4006 Airbnb ROI: -0.86% Traditional ROI: 8.8%
1503 EASTMORELAND Ave Memphis, TN Fantastic Central Gardens duplex featuring extensive updates in both units. The right-side...	4 beds \| 4 baths \| 3,264 sq.ft.	$409,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 6.3% Airbnb Rental Income: $1168 Traditional Rental Income: $3315 Airbnb ROI: -0.3% Traditional ROI: 6.3%
703 N EVERGREEN St Memphis, TN Excellent investment opportunity in the heart of Midtown! This duplex features spacious un...	6 beds \| 4 baths \| 3,469 sq.ft.	$300,000	Airbnb cash on cash: 2.03% Traditional cash on cash: 11.96% Airbnb Rental Income: $1602 Traditional Rental Income: $3950 Airbnb ROI: 2.03% Traditional ROI: 11.96%
1621 OAKWOOD St Memphis, TN Discover an outstanding investment opportunity with this fully renovated duplex at 1621 & ...	4 beds \| 2 baths \| 1,151 sq.ft.	$148,000	Airbnb cash on cash: 4.77% Traditional cash on cash: 7.98% Airbnb Rental Income: $1381 Traditional Rental Income: $1417 Airbnb ROI: 4.77% Traditional ROI: 7.98%
1746 LAWRENCE Ave Memphis, TN Nice investment opportunity in a fantastic midtown Evergreen Historic District location! D...	2 beds \| 2 baths \| N/A	$199,900	Airbnb cash on cash: 1.54% Traditional cash on cash: 4.82% Airbnb Rental Income: $1168 Traditional Rental Income: $1408 Airbnb ROI: 1.54% Traditional ROI: 4.82%
244 RICHMOND Ave #1-6 Memphis, TN Just Reduced for quick sale! Own 11 rental units on a single parcel, consisting of five du...	2 beds \| 2 baths \| 6,552 sq.ft.	$249,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 3.19% Airbnb Rental Income: $885 Traditional Rental Income: $1393 Airbnb ROI: -0.4% Traditional ROI: 3.19%
1333 HARBERT Ave Memphis, TN Charming historic duplex offering an exceptional investment or owner-occupant opportunity!...	6 beds \| 2 baths \| 3,199 sq.ft.	$320,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 4.64% Airbnb Rental Income: $1602 Traditional Rental Income: $2153 Airbnb ROI: 1.29% Traditional ROI: 4.64%
2022 COURTLAND Pl Memphis, TN Rare Midtown duplex opportunity just minutes from all the restaurants, entertainment and c...	4 beds \| 2 baths \| 1,682 sq.ft.	$295,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 4.67% Airbnb Rental Income: $1168 Traditional Rental Income: $1918 Airbnb ROI: 0.59% Traditional ROI: 4.67%
925 N WILLETT St Memphis, TN Can you say two doors? Investors love duplexes and what's not to love about this wonderful...	2 beds \| 2 baths \| 1,692 sq.ft.	$140,000	Airbnb cash on cash: 2.96% Traditional cash on cash: 10.6% Airbnb Rental Income: $1168 Traditional Rental Income: $1810 Airbnb ROI: 2.96% Traditional ROI: 10.6%
289 KENILWORTH Pl Memphis, TN Outstanding Historic District Location w/ UP/Down Duplex! Has been In Current Owner's Fami...	6 beds \| 3 baths \| 3,576 sq.ft.	$575,000	Airbnb cash on cash: 2.47% Traditional cash on cash: 5.61% Airbnb Rental Income: $2945 Traditional Rental Income: $3948 Airbnb ROI: 2.47% Traditional ROI: 5.61%
1386 KIMBALL Cv Memphis, TN ATTENTION INVESTORS! Solid cash flowing duplex that would make an excellent addition to yo...	4 beds \| 2 baths \| 1,606 sq.ft.	$144,000	Airbnb cash on cash: 6.71% Traditional cash on cash: 10.27% Airbnb Rental Income: $1880 Traditional Rental Income: $1869 Airbnb ROI: 6.71% Traditional ROI: 10.27%
699 S BARKSDALE St Memphis, TN Lovely duplex is Central Gardens. Each unit has 2 bedrooms and 1 bath. private back yards,...	4 beds \| 2 baths \| 2,179 sq.ft.	$369,900	Airbnb cash on cash: 0.83% Traditional cash on cash: 3.78% Airbnb Rental Income: $1602 Traditional Rental Income: $2169 Airbnb ROI: 0.83% Traditional ROI: 3.78%
3133 NATHAN Ave Memphis, TN Contact for showings. Turnkey duplex, fully occupied and producing $1,775/month in gross r...	4 beds \| 2 baths \| 1,676 sq.ft.	$170,000	Airbnb cash on cash: 2.19% Traditional cash on cash: 9.11% Airbnb Rental Income: $1168 Traditional Rental Income: $1906 Airbnb ROI: 2.19% Traditional ROI: 9.11%
3677 HILLBROOK St Memphis, TN Great investment opportunity in an established Memphis neighborhood. This 1970 built, 4 si...	4 beds \| 2 baths \| 1,940 sq.ft.	$170,000	Airbnb cash on cash: 4.75% Traditional cash on cash: 10.44% Airbnb Rental Income: $1611 Traditional Rental Income: $2076 Airbnb ROI: 4.75% Traditional ROI: 10.44%
2412 VOLLINTINE Ave Memphis, TN Newly renovated Turnkey Duplex in 2025 being professionally managed by Reedy and Company R...	3 beds \| 2 baths \| 1,505 sq.ft.	$209,900	Airbnb cash on cash: 1.64% Traditional cash on cash: 6.48% Airbnb Rental Income: $1168 Traditional Rental Income: $1748 Airbnb ROI: 1.64% Traditional ROI: 6.48%
3113 YALE Ave Memphis, TN Turnkey investment opportunity in the Binghampton area! This 2-unit duplex offers a total ...	4 beds \| 2 baths \| 1,620 sq.ft.	$165,000	Airbnb cash on cash: 2.56% Traditional cash on cash: 9.75% Airbnb Rental Income: $1168 Traditional Rental Income: $1915 Airbnb ROI: 2.56% Traditional ROI: 9.75%
431 EVERGREEN Dr N Memphis, TN Upscale Duplex Living Bring your owner-occupant clients to this charming and beautifully u...	6 beds \| 4 baths \| 3,928 sq.ft.	$429,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 6.99% Airbnb Rental Income: $1602 Traditional Rental Income: $3781 Airbnb ROI: 0.43% Traditional ROI: 6.99%
1320 FAXON Ave Memphis, TN Amazing opportunity to buy this wonderful duplex steps away from Crosstown Concourse in Mi...	4 beds \| 2 baths \| 1,819 sq.ft.	$170,000	Airbnb cash on cash: 6.17% Traditional cash on cash: 10.32% Airbnb Rental Income: $1895 Traditional Rental Income: $2064 Airbnb ROI: 6.17% Traditional ROI: 10.32%

Your search for investment property begins and ends here

Multi Family for Sale in Memphis, TN

518 HARAHAN Rd

Memphis, TN

4 beds | 4 baths | 1,922 sq.ft.

$135,000

Airbnb cash on cash: 6.41%

Traditional cash on cash: 9.63%

Airbnb Rental Income: $1611

Traditional Rental Income: $1571

Airbnb ROI: 6.41%

Traditional ROI: 9.63%

1055 TREADWELL St

Memphis, TN

4 beds | 2 baths | 1,738 sq.ft.

$160,000

Airbnb cash on cash: 1.56%

Traditional cash on cash: 10.76%

Airbnb Rental Income: $882

Traditional Rental Income: $1952

Airbnb ROI: 1.56%

Traditional ROI: 10.76%

3117 PACIFIC Ave

Memphis, TN

4 beds | 2 baths | 1,739 sq.ft.

$135,000

Airbnb cash on cash: 2%

Traditional cash on cash: 9.87%

Airbnb Rental Income: $882

Traditional Rental Income: $1566

Airbnb ROI: 2%

Traditional ROI: 9.87%

3743 GIVEN Ave

Memphis, TN

4 beds | 2 baths | 1,956 sq.ft.

$215,000

Airbnb cash on cash: 5.56%

Traditional cash on cash: 8.59%

Airbnb Rental Income: $2014

Traditional Rental Income: $2106

Airbnb ROI: 5.56%

Traditional ROI: 8.59%

3045 ALLISON Ave

Memphis, TN

4 beds | 2 baths | 1,779 sq.ft.

$158,270

Airbnb cash on cash: 7.07%

Traditional cash on cash: 5.2%

Airbnb Rental Income: $1895

Traditional Rental Income: $1107

Airbnb ROI: 7.07%

Traditional ROI: 5.2%

1481 OAKLAWN St

Memphis, TN

4 beds | 2 baths | 1,355 sq.ft.

$114,900

Airbnb cash on cash: 3.61%

Traditional cash on cash: 10.43%

Airbnb Rental Income: $1168

Traditional Rental Income: $1542

Airbnb ROI: 3.61%

Traditional ROI: 10.43%

1394 CHADWICK Cir

Memphis, TN

4 beds | 2 baths | 1,824 sq.ft.

$186,000

Airbnb cash on cash: 2.44%

Traditional cash on cash: 6.81%

Airbnb Rental Income: $1168

Traditional Rental Income: $1557

Airbnb ROI: 2.44%

Traditional ROI: 6.81%

1464 PEABODY Ave

Memphis, TN

6 beds | 4 baths | 4,398 sq.ft.

$495,000

Airbnb cash on cash: -0.61%

Traditional cash on cash: 5%

Airbnb Rental Income: $1168

Traditional Rental Income: $3385

Airbnb ROI: -0.61%