Shelby County, Memphis, TN 38122

Acquire a 5-property, 21-unit multifamily portfolio in Memphis, Tennessee, for $1,325,000 — approximately $63,095 per unit. The portfolio offers a combination of in-place rental income and lease-up potential, including two duplexes fully renovated in 2026 and currently rent ready. PROPERTY / Units / Occupancy / Monthly Scheduled Rent 3385 Vernon Ave / 2 2/2 / $1,530 1344 Hyde Park Blvd / 2 / Vacant / $1,500 projected 1869 Marjorie St / 2 / Vacant / $1,500 projected 702 N Dunlap St / 3 / 3/3 / $2,000 2103–2107 Imogene St/ 12 / 10/12 / $7,460 Investment Highlights: Asking Price: $1,325,000 Total Units: 21 across 5 properties Price Per Unit: Approximately $63,095 Current Scheduled Gross Rent: $10,990/month | $131,880/year Projected Gross Rent After Lease-Up: $15,690/month | $188,280/year Vacancy Upside: Six vacant units, including four renovated duplex units projected at $750/month each and two Imogene units marketed at $850/month each Renovations: Two duplexes fully renovated in 2026 and rent ready Seller-Indicated Aggregate Property Values: $1,578,000, approximately $253,000 above the asking price, subject to independent verification A compelling multifamily opportunity for investors seeking scale, existing rental income, and additional income potential through lease-up and rent optimization. For More Information / To Lock It Up: Contact Alex: [contact details hidden]