Condo Investment Properties for Sale in Memphis, TN
290- 1 Bed
- 2 Bath
- 1201 sft
208- - Bed
- 1 Bath
- 595 sft
300- 2 Bed
- 2 Bath
- 1304 sft
506- 1 Bed
- 1 Bath
- 720 sft
Why Invest in Memphis, Tennessee?
Memphis condo investments offer strong potential for steady cash flow in a market with increasing inventory and affordable entry points. The city's rental demand supports reliable yields, bolstered by modest home value appreciation projected at 0.9% into 2026. With median home values around $198k-$247k, condos provide accessible opportunities for investors targeting cap rates near 7-9%. Renter-occupied housing remains high at about 50%, driven by stable employment and migration trends. Overall, Memphis stands out for its slow but positive recovery, ideal for long-term holds.
Frequently Asked Questions
Yes, with projected 0.9% appreciation and strong rental yields around 7%, condos offer steady returns. Increasing inventory provides buying opportunities. Stable demand from renters makes them resilient.
Find Your Perfect Investment Property in Memphis, Tennessee
Explore investment opportunities by strategy, performance, or property type
