Investing in Memphis....

I'm reading that Memphis is a becoming a great place for someone to invest. Question is in a nicer area (not prime) how much can one find 2-4 unit properties for? Also what is market rent for these types of properties with respective bed and bath count. Thanks....
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August 23 2009 - Memphis
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Answers (2)

I would highly suggest contacting a Realtor if you are considering investing in Memphis especially if you are not familiar with the city. I have investment property in Memphis and the Realtors I use for them are top notch! I would be happy to talk to you about it and point you in the right direction. (858)412-6632.

Sincerely,

Bobby Graham

Graham~Lombardi Real Estate Team
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May 07 2010
You will find the great majority of duplexes and 4 plexes in the core city area, especially Midtown.  There is a wide range of prices for ($30K-300K), with rents starting at around  $450(1BR/1BA) -with the sky being the limit on higher end properties in good locations.
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August 23 2009
 
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