Memphis, TN Multifamily for Sale

Mendenhall Estates, Shelby
$90,000
For Sale
5
Bed
5
Bath
Multifamily, Updated 2 days ago
$1,527 / mo
Expenses
0%
Cap Rate
Real Estate Tax: 127.25 to 1527
Orange Mound Civic Orgganization, Depot Planning District, Shelby
$190,000
For Sale
Stu
0
Bath
Multifamily, Updated 5 days ago
No data
Expenses
0%
Cap Rate
Listed 8 weeks ago
Hollywood-Hyde Park-Springdale, Shelby
$70,000
For Sale
4
Bed
2
Bath
Multifamily, Updated 5 days ago
$860 / mo
Expenses
No data
Cap Rate
Listed 1 week ago
Joffre, Jackson - University Area, Shelby
$70,000
For Sale
Stu
0
Bath
Multifamily, Updated 1 week ago
No data
Expenses
No data
Cap Rate
Listed 4 weeks ago
Winchester Park, North Memphis, Shelby
$439,000
For Sale
Stu
0
Bath
Multifamily, Updated 5 days ago
No data
Expenses
No data
Cap Rate
Listed 5 weeks ago
Grahamwood, Shelby
$200,000
For Sale
Stu
0
Bath
Multifamily, Updated 1 week ago
No data
Expenses
No data
Cap Rate
Listed 3 weeks ago
Binghampton-Lester, Jackson - University Area, Shelby
$35,000
For Sale
4
Bed
2
Bath
Multifamily, Updated 1 week ago
$1,566 / mo
Expenses
0%
Cap Rate
Price dropped $5,000
Hein Park, Midtown, Shelby
$299,000
For Sale
5
Bed
2
Bath
Multifamily, Updated 1 week ago
$5,660 / mo
Expenses
0%
Cap Rate
Real Estate Tax: 471.67 to 5660
Binghampton-Lester, Jackson - University Area, Shelby
$87,900
For Sale
2
Bed
2
Bath
Multifamily, Updated 1 week ago
$1,641 / mo
Expenses
0%
Cap Rate
Real Estate Tax: 136.75 to 1641
Rhodes Hollywood Springdale Partnership, Midtown, Shelby
$29,500
For Sale
6
Bed
4
Bath
Multifamily, Updated 1 week ago
$1,327 / mo
Expenses
No data
Cap Rate
Real Estate Tax: 110.58 to 1327
Rhodes Hollywood Springdale Partnership, Midtown, Shelby
$29,500
For Sale
6
Bed
3
Bath
Multifamily, Updated 1 week ago
$1,327 / mo
Expenses
No data
Cap Rate
Real Estate Tax: 110.58 to 1327
Binghampton-Lester, Jackson - University Area, Shelby
$192,000
For Sale
Stu
0
Bath
Multifamily, Updated 1 week ago
$1,492 / mo
Expenses
0%
Cap Rate
Real Estate Tax: 124.33 to 1492
North Memphis, Shelby
$2,628,000
For Sale
Stu
0
Bath
Multifamily, Updated 1 week ago
No data
Expenses
No data
Cap Rate
Listed 5 weeks ago
Prospect Park - Rayner - Eloise Block Club, Depot Planning District, Shelby
$19,950
For Sale
2
Bed
2
Bath
Multifamily, Updated 1 week ago
$1,129 / mo
Expenses
No data
Cap Rate
Price dropped $1,950
North Memphis, Shelby
$690,000
For Sale
Stu
0
Bath
Multifamily, Updated 1 week ago
No data
Expenses
0%
Cap Rate
Price increased $70,000
South Memphis Planning Dist, Shelby
$55,000
For Sale
Stu
0
Bath
Multifamily, Updated 1 week ago
No data
Expenses
No data
Cap Rate
Listed 7 weeks ago
South Memphis Planning Dist, Shelby
$55,000
For Sale
Stu
0
Bath
Multifamily, Updated 1 week ago
No data
Expenses
No data
Cap Rate
Listed 7 weeks ago
South Memphis Alliance & Regrowth Team, South Memphis Planning Dist, Shelby
$105,000
For Sale
Stu
0
Bath
Multifamily, Updated 1 week ago
No data
Expenses
No data
Cap Rate
Listed 1 week ago
Evergreen Historic District, Midtown, Shelby
$250,000
For Sale
4
Bed
2
Bath
Multifamily, Updated 1 week ago
$5,128 / mo
Expenses
0%
Cap Rate
Real Estate Tax: 427.33 to 5128
Depot Planning District, Shelby
$115,000
For Sale
Stu
0
Bath
Multifamily, Updated 1 week ago
$2,064 / mo
Expenses
0%
Cap Rate
Real Estate Tax: 172 to 2064
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Largest Recent Price Drops
1500 WELLINGTON -$15,000 (-42.9%)
1313 EMPIRE -$2,000 (-20.0%)
293 N BELLEVUE BLVD N -$14,000 (-14.1%)
3190 COLEMAN -$5,000 (-12.5%)
4447 SUMNERS WELLS RD -$6,500 (-11.8%)
Largest Recent Price Drops
2018-11-13
-$15,000 (-42.9%)
5 Bed / 3 Bath
2018-10-06
-$2,000 (-20.0%)
3 Bed / 2 Bath
-$14,000 (-14.1%)
Stu / 0 Bath
2019-01-04
-$5,000 (-12.5%)
4 Bed / 2 Bath
-$6,500 (-11.8%)
Stu / 0 Bath
2018-10-04
-$78,000 (-11.2%)
Stu / 0 Bath
-$6,000 (-9.2%)
Stu / 0 Bath
2019-01-06
-$1,950 (-8.9%)
2 Bed / 2 Bath
-$4,500 (-7.6%)
Stu / 0 Bath
2019-01-01
-$600 (-2.7%)
2 Bed / 2 Bath
2018-11-08
-$1,000 (-2.3%)
2 Bed / 2 Bath
2018-09-12
-$1,000 (-2.2%)
2 Bed / 2 Bath
2018-12-16
-$5,100 (-0.8%)
Stu / 0 Bath
-$500 (-0.6%)
4 Bed / 2 Bath
Memphis currently has 1,248 residential homes for sale on the market. The median list price is $105,000 or $75 / ft². These listings range from $49,900 in the lower quartile to $229,825 in the upper quartile. The average home currently for sale in Memphis is around 56 years old and 0 ft². There are currently 160 studio, 15 one-bedroom, 155 two-bedroom, 541 three-bedroom, and 377 four+ bedroom listings for sale.
A more detailed breakdown of sizes and prices is below:
Median
Bedrooms Price Price / ft²
Studio $45,625 $0
1 BR $189,900 $0
2 BR $63,500 $126
3 BR $85,000 $30
4+ BR $229,900 $105

Out of the 1,248 listings that are currently on the market, there are 25 condos, 964 houses, 79 townhouses, and 48 multifamilies. Our real-time inventory refreshes every hour, so that you see the best new inventory available on the market.

This search area is located within Shelby County, Tennessee. Shelby County, Tennessee has 936,990 residents in 349,956 households. The median age of this county is 35.1 with a majority of inhabitants unmarried. At least 56.19% of those living in this county currently own their homes. Roughly 8.75% of population here speak a language other than English at home.

The median income in this county is $46,854, with an employment rate of 58.9%. It tends to take those living in Shelby County, Tennessee an average of 22.8 minutes to get to work, with a majority commuting by car. Out of the total population of those 25 and older, 11.48% have a master’s or above, 18.69% have a bachelor’s, and 26.75% have a high school degree.

More broadly, Shelby County, Tennessee is a part of the Memphis, TN - MS - AR Urban Area. The Memphis, TN - MS - AR Urban Area has around 1,074,615 residents, or 400,028 households with a median age of 34.8. Residents in this urban area have a median income of $47,101 and a home ownership rate of 56.72%.

Searching on Zillow Memphis, Trulia, or Realtor.com? RealtyHop has the most comprehensive mortgage and property record data to help you make the best buying decision.

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Maintenance
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Property Taxes
Tax Year: 2018
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