Explore Tennessee multi-family properties for sale and discover exceptional investment opportunities throughout Tennessee. From duplexes and triplexes to apartment buildings, townhome communities, and income-producing rental properties, Tennessee offers a strong and growing multi-family real estate market for investors, developers, and buyers seeking long-term rental income and appreciation potential.
Multi-family properties in Tennessee may include duplexes, triplexes, fourplexes, apartment complexes, mixed-use properties, student housing, vacation rental portfolios, and residential income properties in desirable markets including Knoxville, Nashville, Chattanooga, Gatlinburg, Pigeon Forge, and Sevierville. Buyers can often find properties with strong rental demand, multiple income streams, updated units, convenient locations, and access to shopping, dining, schools, healthcare, entertainment, universities, and major employment centers.
Tennessee’s growing population, strong tourism industry, and business-friendly environment continue to make multi-family real estate an attractive investment option. Whether you’re searching for a small residential income property, a large apartment complex, or a vacation rental investment portfolio, Tennessee offers outstanding opportunities for cash flow, long-term appreciation, and portfolio growth.
Start your investment property search today with TN Real Estate & Auction, your trusted local experts in Tennessee investment real estate and multi-family properties. With personalized service, deep market expertise, and access to the latest listings, TN Real Estate & Auction is your go-to source for Tennessee multi-family properties for sale.
Building A: 2-story townhome quad. 3 bed, 1.5 bath, 1 car garage and 2 assigned uncovered spots, each. Very well maintained. New roof 2019. New HVACs: A1 2022, A2 2022, A...
Lot 8/Building B. Seller is willing to consider up to 30,000.00 towards closing cost, incentives, and inspection/appraisal repair allowance with full listing price offer....
Lot 2/Building H. Seller credits and concessions available! 2-story townhome quad. 3 bed, 1.5 bath, 1 car garage and 2 assigned uncovered spots, each. Very well maintaine...
FOUR Units in Cleveland's Stratford Village. Consistent rental history. Well maintained, and conveniently located minutes to I75. Units 37, 38, 39, and 40 are being sol...
Discover the possibilities with this well-maintained triplex in the heart of Inglewood, offering a fantastic opportunity for investors and owner-occupants alike. Enjoy co...
New Price! Excellent opportunity to own a duplex in the desirable Crieve Hall area! This property features two separate units, each offering two bedrooms, one full bathro...
Rare 10-pad mobile home community on US Highway 41 in Kimball, TN.100% occupied and priced at a 10.9% cap rate on trailing 2026 performance. This income-producing manufac...
NEW CONSTRUCTION QUADPLEX IN TULLAHOMA! 1 middle unit available. End units are rented. This NEW 2-bedroom, 2-bath unit offers affordable living with convenience. Enjoy ...
Home has never been used for rental, but could easily live in one side and rent the other side, or rent both sides! This truly unique property offers two completely priv...
Presenting a rare opportunity to own a turnkey duplex directly across from highly sought-after Normal Park School in the heart of North Chattanooga. Blending seamlessly w...
Investment opportunity in a convenient Chattanooga location! 1026 Greenslake Road is a quadplex featuring four spacious, two-story units, each offering approximately 1,20...
This is a great turn key investment property! All 4 units are 2 bedroom 1 bathroom with laundry. Property is currently being rented short term on Airbnb's platform.
Hard to find, 3 bedroom, 100% occupied, turnkey Quadplex with garage! The property features four well-designed & well-maintained units, each w/ 3 bedrooms & 1.5 baths. Co...
DO NOT WALK PROPERTY OR TALK TO TENANTS!!! "Opportunity Zone" and HPR Deeded. Property was built as a duplex and has 2 water meters and 2 electric meters. Each unit has...
TURNKEY SIX-PLEX + 100% OCCUPIED + PRIME CLARKSVILLE LOCATION! Don’t miss this incredible opportunity to own an all-brick, income-producing investment property located ju...
Welcome to 1717 Manning Drive, an exquisite residence conveniently located off Needmore Road in the heart of Clarksville, TN, offering an unparalleled blend of space and...
Three (3) HOMES plus a DUPLEX, sitting on 13+/- acres. Yearly rental income does not include the largest home (106 Allen Rd), currently owner occupied. Addresses include...
Investor Portfolio Opportunity Unique opportunity to acquire a 16-unit residential investment portfolio consisting of 5 buildings located in Ashland City and Kingston Sp...
Turnkey Duplex Investment in North Chattanooga with Strong Income & Upside Potential Exceptional opportunity to own a well-maintained duplex in the highly sought-after No...
Turnkey Duplex Investment in North Chattanooga with Strong Income & Upside Potential Exceptional opportunity to own a well-maintained duplex in the highly sought-after...
Charming income-producing duplex nestled on a quiet, tree-lined street in desirable Bellevue. This well-maintained multi-family home offers an excellent opportunity for b...
Make your next home part of your investment strategy at 1711 Golf Street. Located in East Nashville’s established Inglewood neighborhood, this two-unit property offers an...
FANTASTIC INVESTMENT OPPORTUNITY with immediate income potential & room to grow! Situated on approximately 1.2 acres, this unique property features 5 apartment units plus...
RARE INVESTMENT OPPORTUNITY IN JEFFERSON CITY! Opportunities to purchase a 6-plex in Berkley Court do not come along often. This proven income-producing property has an e...
RARE INVESTMENT OPPORTUNITY IN JEFFERSON CITY! Opportunities to purchase a 6-plex in Berkley Court do not come along often. This proven income-producing property has an e...
An exceptional opportunity to acquire PinHook Cottages, a fully entitled, shovel-ready residential development positioned in the rapidly growing Antioch submarket, just o...
Five-unit, two-story all-brick townhome building in Knollwood Hills. 4,368 SF; all units 2 BR / 1.5 BA with washer and dryer included. Each unit is separately metered and...
Great opportunity for personal living or investment & in great location: Custom brick duplex, each side has 3 bedrooms / 2.5 baths. Each also has kitchen, living room, de...
New construction triplex in the heart of Morristown. Super income potential.
Rare duplex opportunity in the highly sought-after Normal Park school district! Ideally located just a short walk from the shops, restaurants, and entertainment of Frazie...
Six one bedroom / one bath units. 4 units occupied. 2 empty. Has a coin operated washer dryer. Do not disturb tenants.
A rare opportunity to create multiple income streams under one roof, just 10 minutes from East Nashville. Each level of this property offers its own distinct rental or li...
Great Investment Opportunity in Crossville, TN! Excellent income-producing property located at 649 Sparta Dr, Crossville, TN 38555! This investment opportunity features a...
NEW ROOF in 2025!! One big ticket item off your plate. Excellent investment opportunity with this well-maintained quadplex offering immediate income potential and room fo...
916 offers a fully developed four unit multi-family building with immediate income potential.
WELCOME TO 1505 OLD HWY 46 S — NOT JUST A HOME, BUT YOUR NEXT BIG OPPORTUNITY TO HOUSE HACK! This unique duplex-style property offers TWO separate living spaces, each wit...
Nestled amidst the vibrant green expanses of a serene horse pasture, these two charming cabins promise an idyllic escape in the heart of nature. Each cabin, thoughtfully ...
Remodeled 7-Unit Opportunity -- Two-Building Complex in Prime Norris Lake Area Investors, don't miss this turnkey income property with strong upside. This recently upd...
Updated, well maintained, and income producing! Unit A is currently vacant and easy to show. Units include kitchen appliances, durable laminate flooring, and back patios ...
Many creative possibilities for an investor or owner-occupant in this unique multi family property. Corner lot brick duplex with nice trees, large driveway, lots of space...
3-year-old duplex in like-new condition!! Location, Location, Location! This is an outstanding investment opportunity for any buyer looking to own a low-maintenance mov...
This 100% occupied, turnkey Quadplex offers strong income-producing opportunity in a prime Clarksville location! The property features four well-designed & well-maintaine...
Rare opportunity to own a fully renovated, income-producing duplex in the heart of Bellevue. Offering approximately 2,340 square feet, this property features two spaciou...
4- 2 Bedroom, 1.5 Bath. Great investment opportunity!
Modern Duplex Investment Opportunity in the Heart of Buena Vista! Built in 2020, 1520 16th Ave N is a beautifully built duplex that combines modern finishes, thoughtful l...
Photos coming soon! Property MUST be sold with 288 Northridge Dr as a package. This fourplex offers outstanding potential for rental income in a convenient location in Cl...
Photos coming soon! Property MUST be sold with 284 Northridge Dr as a package. This fourplex offers outstanding potential for rental income in a convenient location in Cl...
Excellent Investment Opportunity in Red Bank! This fully occupied, cash-flowing quadruplex offers an outstanding opportunity to add a turnkey income-producing property to...
Updated, well maintained, income producing! Unit D is currently vacant and easy to show. Units feature durable laminate flooring, kitchen appliances, and a deck in the ba...
**REDUCED** Amazing opportunity to buy two full size houses in one transaction! This is a unique property that sits on over 9 acres. The two homes have been connected ...
920 features a single finished unit, alongside a spacious 2,000 sq ft, 8-bed/2-bath unit awaiting renovation Combined, these properties showcase strong cash flow and sign...
Seize a premier investment opportunity in the heart of Clarksville with this meticulously maintained 4 unit complex. Built in 2009 and located on a prominent lot within t...
Roof replaced in 2023
INVESTMENT OPPORTUNITY IN GALLATIN! Rare opportunity to purchase two income-producing properties located side-by-side within the Gallatin city limits. This package includ...
620 Westminster Dr presents a rare duplex investment opportunity in the heart of Franklin, where multifamily properties seldom become available. Located just 5 minutes fr...
Investment Opportunity on 6.51+/- Acres in Dade County, Georgia! Discover a rare chance to own five income-producing rental cabins nestled among the trees on 6.51± privat...
Discover a rare 2024 duplex in Gallatin that lives like new and works beautifully as a house hack or straight investment. Each side offers 3 bedrooms, 2 and a half baths,...
Don’t miss this excellent opportunity to add an income-producing fourplex to your investment portfolio. This multifamily property features four units, with three currentl...
Investment opportunity meets modern living in the heart of Fayetteville! Built in 2023, this exceptional triplex offers the perfect blend of immediate cash flow and owner...
Excellent Investment Opportunity! This unique listing includes two properties with a total of 7 rental units. The first property, 303 Jefferson Ave, features four units—t...
Excellent opportunity in the heart of Donelson! This all-brick duplex offers approximately 1,912 square feet on a spacious .36-acre lot with two separate living spaces, p...
For Sale: 2353 Highway 107, Unicoi, TN 37692 Fully Rented Triplex + Micro RV/Tiny Home Park Opportunity on the River! Welcome to 2353 Highway 107, a dream investment ...
Brand-new construction duplex by Generational Home Builders: live in one side and let the other help pay your mortgage! SELLER IS OFFERING UP TO *** $21,596 *** IN CONCES...
NEW CONSTRUCTION DUPLEX NEAR, FORT CAMPBELL, DOWNTOWN CLARKSVILLE & APSU! Discover modern comfort and smart design in this brand-new duplex, perfectly situated near Downt...
Income-producing quadplex located in an established neighborhood at the end of a cul-de-sac! This property offers a great opportunity for an investor or an owner-occupant...
$10,000 Flex Cash Offered! Rare opportunity to own a fully renovated. Offering approximately 3,168 square feet, this property features two spacious units, each with 3 bed...
Discover a rare, highly adaptable property offering immense value as a turnkey multi-family investment or a spacious multi-generational estate. This smartly designed dupl...
Unlock immediate value with this substantially updated triplex located at 1309 Jones Ave. This property is primed for investors looking for a hassle-free addition to thei...
Now this is something special! Come see what opportunity looks like in Oneida, TN—close to the golf course and airport. There are endless possibilities here! Imagine your...
Income producing duplex. No updates needed. Photos are of the 2611 Side. 2609 in the same condition.
Investment opportunity in a prime Antioch location! This well-maintained renovated duplex offers immediate income potential with one unit occupied and one unit vacant for...
Do not disturb tenants , inside pictures to follow. All 3 units are in good shape. Only qualified buyers to view inside.
OFFERING $20,000 TOWARDS BUYER CONCESSIONS! Use your VA or FHA loan to get your investment journey started! Awesome new construction duplex located minutes from Fort Camp...
*** NEW PRICE *** ALL 4 units currently occupied with immediate INCOME! 3 of the 4 tenants have been in their units between 5 and 13 years! ADDITIONAL access building wit...
Interior showings prefered to be conducted once an accepted sales agreement is in place. 24 hour notice to residents is required. Previous owner was meticulous with main...
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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.