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 70 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
1577 Court Ave Memphis, TN Prime Midtown triplex - live in one, rent the other two! Located at 1577 Court Ave, this i...	10 beds \| N/A baths \| 3,408 sq.ft.	$374,500	Airbnb cash on cash: -1.13% Traditional cash on cash: 1.39% Airbnb Rental Income: $575 Traditional Rental Income: $1176 Airbnb ROI: -1.13% Traditional ROI: 1.39%
1086 S Bellevue Blvd Memphis, TN This renovated fourplex offers an immediate income stream with two units currently leased ...	4 beds \| N/A baths \| 2,816 sq.ft.	$225,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 4.76% Airbnb Rental Income: $575 Traditional Rental Income: $1437 Airbnb ROI: -0.62% Traditional ROI: 4.76%
518 Harahan Rd Memphis, TN Terrific opportunity to own an updated and cash flowing duplex! This professionally manage...	4 beds \| 2 baths \| 1,922 sq.ft.	$135,000	Airbnb cash on cash: 2.79% Traditional cash on cash: 9.63% Airbnb Rental Income: $1048 Traditional Rental Income: $1571 Airbnb ROI: 2.79% 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: 4.72% Traditional cash on cash: 10.76% Airbnb Rental Income: $1463 Traditional Rental Income: $1952 Airbnb ROI: 4.72% Traditional ROI: 10.76%
1072 S Barksdale St Memphis, TN This is a brand newly renovated, beautifully finished fourplex (with buildable bonus lot)....	7 beds \| N/A baths \| 2,850 sq.ft.	$499,000	Airbnb cash on cash: -1.55% Traditional cash on cash: 0.34% Airbnb Rental Income: $575 Traditional Rental Income: $1176 Airbnb ROI: -1.55% Traditional ROI: 0.34%
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: 5.74% Traditional cash on cash: 9.87% Airbnb Rental Income: $1463 Traditional Rental Income: $1566 Airbnb ROI: 5.74% Traditional ROI: 9.87%
635 Mcwhirter Ave Memphis, TN BOTH UNITS ARE TENANT OCCUPIED!!! DO NOT DISTURB THE TENANTS!!!! All offers must be accept...	4 beds \| 2 baths \| 1,769 sq.ft.	$109,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 11.94% Airbnb Rental Income: $663 Traditional Rental Income: $1577 Airbnb ROI: 0.44% Traditional ROI: 11.94%
339 Marianna St Memphis, TN Fabulous, well maintained 2 Unit Duplex with 2 BR/1.5 BA on each side. Prime location near...	4 beds \| 2 baths \| 2,738 sq.ft.	$460,000	Airbnb cash on cash: 1.17% Traditional cash on cash: 5.64% Airbnb Rental Income: $1599 Traditional Rental Income: $3072 Airbnb ROI: 1.17% Traditional ROI: 5.64%
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 \| 9,100 sq.ft.	$999,000	Airbnb cash on cash: -0.67% Traditional cash on cash: 0.15% Airbnb Rental Income: $1027 Traditional Rental Income: $1428 Airbnb ROI: -0.67% Traditional ROI: 0.15%
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: 3.31% Traditional cash on cash: 8.59% Airbnb Rental Income: $1463 Traditional Rental Income: $2106 Airbnb ROI: 3.31% 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: 5.44% Traditional cash on cash: 5.2% Airbnb Rental Income: $1599 Traditional Rental Income: $1107 Airbnb ROI: 5.44% Traditional ROI: 5.2%
1481 Oaklawn St Memphis, TN Rare opportunity! This newly renovated duplex features attractive curb appeal and is ideal...	4 beds \| 2 baths \| 1,355 sq.ft.	$184,000	Airbnb cash on cash: 4.79% Traditional cash on cash: 7.07% Airbnb Rental Income: $1599 Traditional Rental Income: $1542 Airbnb ROI: 4.79% Traditional ROI: 7.07%
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: 1.99% Traditional cash on cash: 5% Airbnb Rental Income: $2612 Traditional Rental Income: $3385 Airbnb ROI: 1.99% Traditional ROI: 5%
1954 Manila Ave Memphis, TN Great investment opportunity with income already in place! 1954 Manila Ave is a triplex fe...	5 beds \| N/A baths \| N/A	$465,000	Airbnb cash on cash: -1.68% Traditional cash on cash: 1.37% Airbnb Rental Income: $575 Traditional Rental Income: $1616 Airbnb ROI: -1.68% Traditional ROI: 1.37%
1248 Meda St Memphis, TN Great investment. This duplex has been very well maintained. 1248 and 1250 Meda have both ...	4 beds \| 2 baths \| 1,509 sq.ft.	$144,900	Airbnb cash on cash: 5.28% Traditional cash on cash: 8.19% Airbnb Rental Income: $1599 Traditional Rental Income: $1562 Airbnb ROI: 5.28% Traditional ROI: 8.19%
1868/1870 Vollintine Ave Memphis, TN Turn-key duplex investment opportunity just minutes from Rhodes College, Memphis Zoo, and ...	4 beds \| 2 baths \| N/A	$254,250	Airbnb cash on cash: 2.42% Traditional cash on cash: 4.29% Airbnb Rental Income: $1599 Traditional Rental Income: $1591 Airbnb ROI: 2.42% Traditional ROI: 4.29%
2428 Vollintine Ave Memphis, TN INVESTORS ONLY! Turnkey, cash-flowing duplex generating $1,500/month ($750 per unit) with ...	2 beds \| 2 baths \| 1,224 sq.ft.	$162,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 3.28% Airbnb Rental Income: $712 Traditional Rental Income: $956 Airbnb ROI: -0.13% Traditional ROI: 3.28%
857 N Bingham St Memphis, TN Great investment opportunity! Two duplexes available in terrific condition! These properti...	4 beds \| 2 baths \| 2,300 sq.ft.	$235,000	Airbnb cash on cash: 3.32% Traditional cash on cash: 8.27% Airbnb Rental Income: $1599 Traditional Rental Income: $2245 Airbnb ROI: 3.32% Traditional ROI: 8.27%
865 N Bingham St Memphis, TN Duplex investment available in terrific condition! This property is rented for a combined ...	4 beds \| 2 baths \| 1,296 sq.ft.	$125,000	Airbnb cash on cash: 7.29% Traditional cash on cash: 11.72% Airbnb Rental Income: $1599 Traditional Rental Income: $1677 Airbnb ROI: 7.29% 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: 3.09% Traditional cash on cash: 6.52% Airbnb Rental Income: $1599 Traditional Rental Income: $2017 Airbnb ROI: 3.09% Traditional ROI: 6.52%
201 Stonewall St Memphis, TN Timeless Southern Charm Meets Modern Income Potential! Discover this exquisite 1916 Crafts...	5 beds \| 3 baths \| 3,998 sq.ft.	$445,000	Airbnb cash on cash: 2.11% Traditional cash on cash: 8.31% Airbnb Rental Income: $2612 Traditional Rental Income: $4571 Airbnb ROI: 2.11% Traditional ROI: 8.31%
1493 Gaither St Memphis, TN Greenland presents a refreshed 4-plex opportunity positioned directly next to a park, offe...	N/A beds \| N/A baths \| 2,850 sq.ft.	$265,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 3.33% Airbnb Rental Income: $1027 Traditional Rental Income: $1317 Airbnb ROI: 0.73% Traditional ROI: 3.33%
949 S Cox St Memphis, TN Attention INVESTORS! Excellent opportunity in the heart of Midtown! Beautifully renovated ...	4 beds \| 2 baths \| 1,853 sq.ft.	$309,900	Airbnb cash on cash: 2.01% Traditional cash on cash: 5.58% Airbnb Rental Income: $1599 Traditional Rental Income: $2184 Airbnb ROI: 2.01% Traditional ROI: 5.58%
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.	$130,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 8.06% Airbnb Rental Income: $712 Traditional Rental Income: $1337 Airbnb ROI: 0.6% Traditional ROI: 8.06%
3920 Kimball Ave Memphis, TN Kimball is a 4 unit building with all 2 bedrooms. The units have central heating and air, ...	8 beds \| N/A baths \| 3,268 sq.ft.	$391,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.32% Airbnb Rental Income: $null Traditional Rental Income: $1411 Airbnb ROI: N/A Traditional ROI: 2.32%
3569 Douglass Ave Memphis, TN Great investment opportunity in Colonial Heights. 3 units Main unit is 3 bedroom 2 bath. S...	6 beds \| N/A baths \| 1,514 sq.ft.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.48% Airbnb Rental Income: $null Traditional Rental Income: $886 Airbnb ROI: N/A Traditional ROI: 1.48%
2053 Linden Ave Memphis, TN This 4 unit multifamily property is fully occupied with a consistent rental history. Recen...	3 beds \| N/A baths \| 2,279 sq.ft.	$380,000	Airbnb cash on cash: -0.98% Traditional cash on cash: 1.91% Airbnb Rental Income: $575 Traditional Rental Income: $1317 Airbnb ROI: -0.98% Traditional ROI: 1.91%
1352 S Cooper St Memphis, TN PRICE JUST REDUCED $10K!! SELLER IS READY TO MAKE A DEAL. ATTENTION INVESTORS! Solid cash ...	4 beds \| 2 baths \| 1,656 sq.ft.	$205,000	Airbnb cash on cash: 3.28% Traditional cash on cash: 7.34% Airbnb Rental Income: $1599 Traditional Rental Income: $1933 Airbnb ROI: 3.28% Traditional ROI: 7.34%
766 Roland St Memphis, TN Well-maintained duplex in the heart of Midtown offering strong rental income and long-term...	4 beds \| 2 baths \| 2,895 sq.ft.	$399,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 5.59% Airbnb Rental Income: $1599 Traditional Rental Income: $3004 Airbnb ROI: 0.62% Traditional ROI: 5.59%
3588 Bowen Ave Memphis, TN Welcome to this charming, fully renovated duplex offering exceptional flexibility and inve...	4 beds \| 2 baths \| 1,594 sq.ft.	$190,000	Airbnb cash on cash: 3.09% Traditional cash on cash: 7.91% Airbnb Rental Income: $1463 Traditional Rental Income: $1900 Airbnb ROI: 3.09% Traditional ROI: 7.91%
5659 Hinton Pl Memphis, TN Excellent investment opportunity! Well-maintained duplex in Colonial Acres featuring two 2...	4 beds \| 2 baths \| 2,496 sq.ft.	$300,000	Airbnb cash on cash: 3.42% Traditional cash on cash: 8.03% Airbnb Rental Income: $2199 Traditional Rental Income: $2947 Airbnb ROI: 3.42% Traditional ROI: 8.03%
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.	$400,000	Airbnb cash on cash: 3% Traditional cash on cash: 5.43% Airbnb Rental Income: $2612 Traditional Rental Income: $2900 Airbnb ROI: 3% Traditional ROI: 5.43%
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.	$400,000	Airbnb cash on cash: 0.84% Traditional cash on cash: 5.12% Airbnb Rental Income: $1599 Traditional Rental Income: $2749 Airbnb ROI: 0.84% Traditional ROI: 5.12%
520 N Mcneil St Memphis, TN Fourplex near Crosstown Concourse. Fully occupied.	4 beds \| N/A baths \| 3,202 sq.ft.	$375,000	Airbnb cash on cash: -0.92% Traditional cash on cash: 1.62% Airbnb Rental Income: $575 Traditional Rental Income: $1186 Airbnb ROI: -0.92% Traditional ROI: 1.62%
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: 2.06% Traditional cash on cash: 5.95% Airbnb Rental Income: $1599 Traditional Rental Income: $2239 Airbnb ROI: 2.06% 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.	$399,000	Airbnb cash on cash: 3.31% Traditional cash on cash: 8.7% Airbnb Rental Income: $2612 Traditional Rental Income: $4006 Airbnb ROI: 3.31% Traditional ROI: 8.7%
1503 Eastmoreland Ave Memphis, TN Fantastic Central Gardens duplex featuring extensive updates in both units. The right-side...	4 beds \| 2 baths \| 3,264 sq.ft.	$409,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 6.03% Airbnb Rental Income: $1599 Traditional Rental Income: $3315 Airbnb ROI: 0.57% Traditional ROI: 6.03%
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.	$315,000	Airbnb cash on cash: 4.73% Traditional cash on cash: 11.35% Airbnb Rental Income: $2612 Traditional Rental Income: $3950 Airbnb ROI: 4.73% Traditional ROI: 11.35%
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.	$150,000	Airbnb cash on cash: 5.17% Traditional cash on cash: 7.87% Airbnb Rental Income: $1463 Traditional Rental Income: $1417 Airbnb ROI: 5.17% Traditional ROI: 7.87%
5668 Hinton Place Dr Memphis, TN MOTIVATED SELLER !!!!!Investor Alert!!This Duplex located in the Sea Isle/Park area is par...	6 beds \| 3 baths \| 2,954 sq.ft.	$250,000	Airbnb cash on cash: 2.91% Traditional cash on cash: N/A Airbnb Rental Income: $2014 Traditional Rental Income: $0 Airbnb ROI: 2.91% Traditional ROI: N/A

Your search for investment property begins and ends here

Multi Family for Sale in Memphis, TN

1577 Court Ave

Memphis, TN

10 beds | N/A baths | 3,408 sq.ft.

$374,500

Airbnb cash on cash: -1.13%

Traditional cash on cash: 1.39%

Airbnb Rental Income: $575

Traditional Rental Income: $1176

Airbnb ROI: -1.13%

Traditional ROI: 1.39%

1086 S Bellevue Blvd

Memphis, TN

4 beds | N/A baths | 2,816 sq.ft.

$225,000

Airbnb cash on cash: -0.62%

Traditional cash on cash: 4.76%

Airbnb Rental Income: $575

Traditional Rental Income: $1437

Airbnb ROI: -0.62%

Traditional ROI: 4.76%

518 Harahan Rd

Memphis, TN

4 beds | 2 baths | 1,922 sq.ft.

$135,000

Airbnb cash on cash: 2.79%

Traditional cash on cash: 9.63%

Airbnb Rental Income: $1048

Traditional Rental Income: $1571

Airbnb ROI: 2.79%

Traditional ROI: 9.63%

1055 Treadwell St

Memphis, TN

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

$160,000

Airbnb cash on cash: 4.72%

Traditional cash on cash: 10.76%

Airbnb Rental Income: $1463

Traditional Rental Income: $1952

Airbnb ROI: 4.72%

Traditional ROI: 10.76%

1072 S Barksdale St

Memphis, TN

7 beds | N/A baths | 2,850 sq.ft.

$499,000

Airbnb cash on cash: -1.55%

Traditional cash on cash: 0.34%

Airbnb Rental Income: $575

Traditional Rental Income: $1176

Airbnb ROI: -1.55%

Traditional ROI: 0.34%

3117 Pacific Ave

Memphis, TN

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

$135,000

Airbnb cash on cash: 5.74%

Traditional cash on cash: 9.87%

Airbnb Rental Income: $1463

Traditional Rental Income: $1566

Airbnb ROI: 5.74%

Traditional ROI: 9.87%

635 Mcwhirter Ave

Memphis, TN

4 beds | 2 baths | 1,769 sq.ft.

$109,000

Airbnb cash on cash: 0.44%

Traditional cash on cash: 11.94%

Airbnb Rental Income: $663

Traditional Rental Income: $1577

Airbnb ROI: 0.44%

Traditional ROI: 11.94%

339 Marianna St

Memphis, TN

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

$460,000

Airbnb cash on cash: 1.17%

Traditional cash on cash: 5.64%

Airbnb Rental Income: $1599

Traditional Rental Income: $3072

Airbnb ROI: 1.17%