Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Memphis, TN
Fix & Flip
Listed for sale 2 days ago
$ 130,000
ROI
27.3
Cash Flow/m
274- 2 Bed
- 1 Bath
- 1872 sft
1740 Brown Ave, Memphis, TN, 38107
Listed for sale 3 days ago
$ 150,400
ROI
31.8Cash Flow/m
502- 2 Bed
- 3 Bath
- 1296 sft
3093 Littlefield Cv, Memphis, TN, 38119
$ 439,000
ROI
22.1Cash Flow/m
292- 4 Bed
- 2 Bath
- 2932 sft
253 Windover Grove Dr, Memphis, TN, 38111
$ 260,000
ROI
30.9Cash Flow/m
803- 3 Bed
- 3 Bath
- 1753 sft
1514 Granville Ln, Memphis, TN, 38104
Why Invest in Memphis, Tennessee?
Townhouses in Memphis, TN offer strong investment potential with affordable entry points and steady rental demand. Investors benefit from cap rates around 8-10% and average rents near $1,400 monthly. Renter occupancy exceeds 50%, supported by job growth in logistics and healthcare. Annual appreciation hovers at 2-3%, with positive cash flow averaging $400 per unit. Housing inventory is rising, creating opportunities for value-add townhouse purchases.
9.5%
Avg. ROI
8.2%
Rental Yield
9.1%
Cap Rate
$420/mo
Avg. Cash Flow
$1420/mo
Avg. Rent
2.4%
1Y Appreciation
Frequently Asked Questions
Yes, townhouses offer high cap rates of 9% and strong cash flow due to 52% renter occupancy. Affordable prices around $200k entry make them accessible. Steady job growth sustains demand.
Find Your Perfect Investment Property in Memphis, Tennessee
Explore investment opportunities by strategy, performance, or property type
