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.
3/1 Down and 1/1 Up Duplex. Fully Occupied. $1845 total rent. Tennants pay own utilities. Do not disturb tennants. Make contract contingent on viewing.
Discover the perfect blend of space, charm, and investment opportunity in Shelbyville, TN, in a rare duplex offering in a quiet, established neighborhood with no HOA and ...
This triplex offers a straightforward opportunity to acquire a cash-flowing asset in a high-demand rental pocket. Situated on a quiet roundabout road just off W Crest Rd,...
**All-Brick Duplex | Individually Metered | Investor & Owner-Occupant Opportunity** This all-brick duplex located at 894 & 896 Locust Dr. can be added to any investment p...
*BANK OWNED INVESTMENT OPPORTUNITY WITH TWO LOTS AND A QUADPLEX SETUP!* Located at 2105 & 2107 Kirby Ave, this unique RN-3 zoned property offers a great opportunity fo...
Charming 1916 duplex located just minutes from downtown Springfield, offering both historic character and flexible potential. This property is currently tenant-occupied o...
GREAT INVESMENT OPPORTUNITY. 2 BED, 1 BATH. BUILT IN 2006. TENANTS IN PLACE. LOCATED IN THE HEART OF TRENTON KY. CALL FOR FULL DETAILS.
PRICE IMPROVEMENT! -This versatile riverside cabin, situated on the bank of the Duck River, works well as a duplex or as a single family home (see also MLS 3232509). It h...
Quadplex with great proximity to downtown Manchester, TN. The two bottom floor units are leased, the top two units are empty, and need remodeling.
1309 A and B Pierce Rd Madison TN. Renovated duplex in a great location in Madison with new hardy board siding, roof, decking, insulation and gutters (2024). Great lookin...
All Brick DUPLEX - 200 & 202 South Roosevelt Street - Both sides presently rented and making money! 202 tenant been there over 10 years. Total income 1750 per mo. ...
Charming Brick Cottage with Proven Airbnb Success on 1.6 Acres Welcome to this lovely brick cottage offering the perfect blend of peaceful country living and income-pr...
Great opportunity to own a well-positioned duplex close to Fort Campbell! Each side features 2 bedrooms and 1 bathroom, offering a practical layout for tenants or an owne...
Greenland presents a refreshed 4-plex opportunity positioned directly next to a park, offering both lifestyle appeal and strong investment potential. Recently updated wit...
This spacious duplex is priced to sell and offers a great McMinnville location. Two bedrooms and one bath with laundry room. Open floor plan for kitchen and living room a...
Fully leased triplex with four bedrooms, two baths downstairs for $1,195 a month; three bedrooms, one bath upstairs for $845 a month; and two bedrooms, one bath for $795 ...
Great duplex in perfect location...convenient to Tims Ford lake, Twin Creeks marina and downtown Winchester! One side had an extensive overhaul in 2025. Both sides are cu...
Nice, clean, renovated duplex that's in good shape. Located close to downtown, Crossland Ave., and Madison Street. Each unit is currently rented out, with Byers & Harvey ...
ATTENTION INVESTORS! Unique 1 BR/1 BA duplex--income potential located in Winchester, TN near downtown area, custom cabinets, stainless Whirlpool appliances, minutes to ...
Investor opportunity in the heart of Cornersville! This historic antebellum tri-plex sits on a spacious 0.5 acre lot and offers a unique chance to step into real estate i...
Don't miss this unique triplex investment opportunity featuring units located at 115 Sarah Street, 117 Sarah Street, and 310 Braden Street. The property consists of two 2...
Investment opportunity in a convenient McMinnville location\. This duplex features two separate units and recent improvements, including a new roof and individual mini\-s...
THE PERFECT WAY TO START AN INVESTMENT PORTFOLIO. 2 UNIT BUILDING WITH LONG TERM TENANTS, CLOSE TO MANY COMMUNITIES THAT WILL CREATE LOTS OF DEMAND FOR OCCUPANCY. EACH UN...
1.58+-acres with Mobile Home and Commercial Garage. Mobile Home is located toward the rear of the property with a spacious shop building positioned along the road frontag...
Turn-key, income-producing duplex with both units currently leased and generating consistent cash flow. Each unit is equipped with a stove, refrigerator, and microwave, o...
Turn-key, income-producing duplex with both units currently leased and generating consistent cash flow. Each unit is equipped with a stove, refrigerator, and microwave, o...
Great investment property, located in cul de sac. All brick! Two units with central heating and cooling, one with a brand new unit. Large, private back yard. Located clos...
This income-producing property generates a combined monthly rental income of $1,950, delivering immediate cash flow for investors from day one. Currently configured as a ...
Investment opportunity conveniently located near I-24, offering quick access to downtown Chattanooga, Volkswagen, Topgolf, shopping, dining, and other area amenities. Thi...
Investment opportunity in Paris, TN! This recently updated duplex features two separate units, each offering 2 bedrooms and 1 full bath. Both sides provide functional liv...
REDUCED $37,000! CALL TODAY Commercially zoned duplex in the downtown area,A side is completely renovated A AND B ARE BOTH VACANT NOW. B side is Fixer Upper, great for i...
Located in a solid rental area, this 4-plex property offers excellent income potential. The property features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units,...
Investor Special! Excellent location. The front unit is 2 Bedroom/ 1 bath. The back 2 units are both 1 bedroom/ 1 bath. The middle unit is currently occupied but they h...
Look up and down Curtis Street and you'll see the story. Most of the duplexes that used to line this block are gone, replaced by new construction. This is one of the last...
🏡 Turnkey Duplex Investment Opportunity in Jackson, TN! 💰 Don’t miss this excellent income-producing property featuring two spacious 2-bedroom, 1-bath units with a combi...
🏡 Turnkey Duplex Investment Opportunity in Jackson, TN! 💰 Don’t miss this excellent income-producing property featuring two spacious 2-bedroom, 1-bath units with a combi...
This is the kind of deal investors look for: already leased, recently renovated multi-building property in the heart of Downtown Cleveland generating monthly rental incom...
Great Investment Opportunity! This 4-unit multi-family property offers strong rental potential and plenty of future upside. Live in one and rent out the others. The build...
Investment opportunity in a convenient Hopkinsville location! This five-unit multifamily property at 700 E 7th St offers an excellent opportunity for investors seeking re...
Great investment opportunity with strong rental history! Located in the heart of downtown at 702 S Clay St, this 6-unit apartment building offers consistent income and hi...
TWO DUPLEXES (4 units total). 30047 and 30065 Bankston Rd. Investment opportunity 30 mins from Huntsville. Each Unit is 650ft2 with 1 Bath / 1 Bed. Good bones. Great ren...
Fully occupied duplex ready for it's next owner. Each side is a 1bd/1ba roughly 700sf. Gross rent was just shy of $14,500 for the past 12 months. Makes for a great portfo...
Calling All Investors! Exceptional Value-Add Opportunity with Cash Flow Don't miss this rare opportunity to acquire a recently renovated, income-producing property in a ...
Rare Opportunity! Commercial road frontage along Morgan County Hwy. Presenting a prime opportunity for expansion or redevelopment. There are 3 existing structures, 1) Sin...
LIVE ONSITE & ONLINE ABSOLUTE REAL ESTATE AUCTION – THURSDAY, NOVEMBER 5TH AT 4 PM! Excellent investment opportunity at 6670 Tennessee St, Baxter, TN, conveniently locate...
Don’t miss this auction on Saturday, Oct. 17th at 11 am for a rare opportunity on this commercial property with loads of potential! Selling live & online! It is currently...
ABSOLUTE AUCTION! SELLING TO THE HIGHEST BIDDER WITH NO MINIMUM RESERVE! LIVE ON - SITE AUCTION THURSDAY SEPTEMBER 24TH AT 11:00AM CST. Preview day of auction 10:00am-11:...
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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.