Memphis Multifamily for Sale - Midtown

MADISON EAST APARTMENTS 2780 Madison Avenue, Memphis, TN 38111 64 Units Built 1967 Proforma Cap Rate 7.75% Proforma Cash on Cash 8.35% (or 10.5% with 2 year IO) * * Proforma. Based on Agency Financing ALSO AVAILABLE: 3 Duplex / 3 SF Home Portfolio offering opportunity to control entire city block! (See Document Center and OM for Pricing and Details) LOCATION HIGHLIGHTS Strategically positioned midway between the densely developed employment anchors of East and Midtown Memphis. Near Existing Job Anchors 105,000+ Jobs combined in Midtown’s Medical District and Downtown’s Central Business District Convenient to 110,000+ Jobs White Collar Office Hub surrounding the I-240/Poplar node in East Memphis. Close to Thousands of New Jobs near Health Care Expansion Over $14.2 Billion in medical campus expansion underway and in planning for St. Jude Children's Hospital and the newly announced Regional One Health hospital campus Emerging Market for Artificial Intelligence Coupled with the Memphis regions’ logistics empire, the emerging sector of AI spearheaded by Elon Musk’s xAI’s expansion into the city, is expected to mushroom Memphis’ economy. By some sources, xAI’s $20 Billion investment is poised to exceed $50 Billion when considering hardware, infrastructure, and operational expenditures. INVESTMENT HIGHLIGHTS Consistent Historical Operations: Stable 90%+ occupancy. Well-maintained, newly paved with perimeter fencing, 66% of units are updated with upgraded baths, new flooring, refaced/refinished cabinets, while 34% of Legacy Units offer untapped value-add potential. High Demand and ROI: Apartment fundamentals improved in Q1 as demand outpaced supply. Increased renter retention and tapering construction favor multifamily performance over the longer term. Coupled with rising job opportunities [new 1000-job Amazon facility, xAI, and ongoing health care expansion], and with high homeownership costs, Memphis is poised to see an unprecedented demand for rentals, offering stronger cash flow potential for investors with significant appreciation to follow.

Property Subtype:

Apartment

Date on Market:

2025-05-06

Memphis Office for Sale - East

Colliers is pleased to bring to market 668 Colonial Road, Memphis, TN 38117, a 5,958 sf single story office building. Positioned in the heart of East Memphis, 668 Colonial Road is fully leased, with three-tenants offering a turn key investment with stable income, minimal management needs, and long-term upside.

Date on Market:

2025-04-16

Nashville Office for Sale - Downtown

Opportunity to own a commercial building in one of the most walkable communities in Nashville Germantown is one of Nashville’s oldest and most unique neighborhoods known for its historical architecture ±3,752 SF Stand-alone commercial building Fully restored historic home blends the charm of its pre-1860 origins with modern comforts Many of the original features such as the brick, beams, floors, and windows have been meticulously preserved Deatched accessory dwelling unit (DADU) with a two-car garage provides both parking and an excellent income opportunity New deck was recently added MUN zoning with a Historic Preservation Overlay (Link to Zoning Table) Located across from the renowned 5th & Taylor restaurant Site is within walking distance of several highly touted restaurants, eclectic retail boutiques, and First Horizon Park Surrounded by numerous high profile developments Nestled minutes from downtown Nashville

Date on Market:

2025-02-19

Knoxville Land for Sale - South

Motivated Sellers. Great opportunity for a multitude of uses. Start with sale of timber, clear areas that apply to your project. Agriculture zoning includes: houses, duplex, church, school, library, museum; farming includes dairy, poultry, processing, commercial agriculture and horticulture; garage apartments, mobile homes but not mobile home parks, portable sawmills, roadside stands; Signs including billboards and advertising structures; public utilities; homes; demolition landfills less than 1 acre; day care homes and group homes. Uses permitted on review: Aircraft landing, hangars and equipment, sanitary landfill, cemetery, dog kennel, golf course, indoor storage, livery stables, lodging and boarding houses, rifle range, veterinary clinic, animal hospital, public park, public and private commercial sports playing fields, commercial mulching operation, composting facility, paintball, storage of school buses, retail sales of agricultural products, rural retreats, public safety facilities. More uses could be possible with rezoning. Buyer to confirm uses with city. Property has greenbelt status. Maintain with 15 acres of woodland.

Property Subtype:

Agricultural

Date on Market:

2025-02-04

Murfreesboro Land for Sale - Rutherford County

Property size: 2.98 acres or 129,808 sf Zoning: Commercial Highway (CH) Sale price $2,000,000 or $15.41/sf Ideal uses Service-oriented businesses such as: daycare, senior living, medical, school or church

Property Subtype:

Commercial

Date on Market:

2024-09-13

Jackson Land for Sale

Located in Jackson Fastest growing Development Corridors part of the Sterling Farms Mixed Use corridor. This lot has Bypass Visibility.. Zone SC 1. Great opportunity for Build to suit. Average Daily Traffic Count over 30,000 daily. This area has Residential, Multifamily, Retail, Restaurants, Professional Office and Medial.. 1.5 miles North of Interstate 40 and Exit 82.

Property Subtype:

Commercial

Date on Market:

2024-06-28

Lexington Land for Sale

A RARE opportunity to purchase a 6.60 acre site just off Interstate 40 at Exit 101 with interstate visibility. Located halfway between Memphis and Nashville. Take advantage of West Tennessee's growth from Elon Musk's xAI supercomputer headquarters in Memphis to Ford’s BlueOval City manufacturing campus in Stanton (Haywood County). Located within the Henderson County limits and currently has no zoning designation which allows for a wide range of uses. Located off Highway 104 which is one of the main traffic arteries into the City of Lexington. Immediate Interstate 40 access and located 19 miles from the city of Jackson. Location off Interstate 40 provides a great site for any commercial, industrial, residential development or industrial outside storage. The size and location of these sites provides a great opportunity for any company's offsite or "just-in-time" storage facility, a commercial and military aviation parts supplier, a development and construction company, a materials holding yard, industrial distribution facility, light manufacturing facility, flex warehouse development, truck storage, a hospital system, truck stop, truck storage, self-storage, truck parking, fuel center, automotive supplier, church buildings, education buildings, major mixed-use development, hotels, motels, all types of residential development, multifamily developer, retail development, an auto or capital-equipment dealership, county/civic use, recreation/sports fields, RV sales, West TN regional auto auction, State of TN use, vocational training facility, private school, a Farmers Market, a Tennessee Farmers Cooperative, farming and SO MUCH MORE!!! The size and location of this site provides a great opportunity for any company's offsite or "just-in-time" storage facility, a materials holding yard, industrial distribution facility, light manufacturing, flex warehouse development, truck storage, self-storage, fuel center, automotive supplier, church buildings, education buildings, small mixed-use development, hotels, motels, all types of residential development, retail development, an auto or capital-equipment dealership, county/civic use, recreation/sports fields, RV sales, State of TN use, vocational training facility, private school, Farmers Co-op and SO MUCH MORE!!! Great location for industrial outside storage, supply chain services to suppliers, transportation management, integrated logistics, carrier and shipment management, component sub-assembly, warehousing, material handling and so much more! Ford scraps plans for electric pickup at BlueOval City, turns to gas-powered truck models: https://tennesseelookout.com/2025/12/16/ford-scraps-plans-for-electric-pickup-at-blueoval-city-turns-to-gas-powered-truck-models/

Property Subtype:

Commercial

Date on Market:

2024-06-17

Cedar Grove Land for Sale

A RARE opportunity to purchase a large 38.48 acre site along Interstate 40 at Exit 101 with interstate visibility. Located halfway between Memphis and Nashville. Take advantage of West Tennessee's growth from Elon Musk's xAI supercomputer headquarters in Memphis to Ford’s BlueOval City manufacturing campus in Stanton (Haywood County). Located within the Henderson County limits and currently has no zoning designation which allows for a wide range of uses. Located off Highway 104 which is one of the main traffic arteries into the city of Lexington. Immediate Interstate 40 access and located 19 miles from the city of Jackson. Location off Interstate 40 provides a great site for any commercial, industrial, residential development or industrial outside storage. The size and location of this site provides a great opportunity for any company's offsite or "just-in-time" storage facility, a materials holding yard, industrial distribution facility, light manufacturing, flex warehouse development, truck storage, truck parking, self-storage, fuel center, automotive supplier, church buildings, education buildings, major mixed-use development, hotels, motels, all types of residential development, retail development, an auto or capital-equipment dealership, county/civic use, recreation/sports fields, RV sales, West TN regional auto auction, State of TN use, vocational training facility, private school, Farmers Co-op and SO MUCH MORE!!! Ford scraps plans for electric pickup at BlueOval City, turns to gas-powered truck models https://tennesseelookout.com/2025/12/16/ford-scraps-plans-for-electric-pickup-at-blueoval-city-turns-to-gas-powered-truck-models/

Property Subtype:

Industrial

Date on Market:

2024-06-17

Cedar Grove Land for Sale

A RARE opportunity to purchase a large 51.94 acre site along Interstate 40 at Exit 101 with interstate visibility. Located halfway between Memphis and Nashville. Take advantage of West Tennessee's growth from Elon Musk's xAI supercomputer headquarters in Memphis to Ford’s BlueOval City manufacturing campus in Stanton (Haywood County). Located within the Henderson County limits and currently has no zoning designation which allows for a wide range of uses. Located off Highway 104 which is one of the main traffic arteries into the City of Lexington. Immediate Interstate 40 access and located 19 miles from the city of Jackson. Location off Interstate 40 provides a great site for any commercial, industrial, residential development or industrial outside storage. The size and location of this site provides a great opportunity for any company's offsite or "just-in-time" storage facility, IOS (industrial outside storage), a materials holding yard, industrial distribution facility, light manufacturing, flex warehouse development, truck storage, truck parking, self-storage, fuel center, automotive supplier, church buildings, education buildings, major mixed-use development, hotels, motels, all types of residential development, retail development, an auto or capital-equipment dealership, county/civic use, recreation/sports fields, RV sales, West TN regional auto auction, State of TN use, vocational training facility, private school, Farmers Co-op and SO MUCH MORE!!! Great location for supply chain services to suppliers, transportation management, integrated logistics, carrier and shipment management, component sub-assembly, warehousing, material handling and so much more! Ford scraps plans for electric pickup at BlueOval City, turns to gas-powered truck models https://tennesseelookout.com/2025/12/16/ford-scraps-plans-for-electric-pickup-at-blueoval-city-turns-to-gas-powered-truck-models/

Property Subtype:

Commercial

Date on Market:

2024-06-15

Lebanon Land for Sale - Wilson County

Property Subtype:

Residential

Date on Market:

2024-05-31

Huntsville Multifamily for Sale

Excellent Condition, Brick, Former Medical Office now STR/VRBO/AirBnB (could easily be converted to Multi-Family) property near Brimstone and Royal Blue ATV parks. Purchased and first floor renovated into two 1500sf rental suites in 2022. Each suite has three bedrooms and two full bathrooms with laundry facilities, kitchen, dining and living room. All furniture included. Turn key rental property. Basement is an additional 3024 sf of unfinished space, where you can add either two more rental units or owner living quarters. Each unit currently rents for an average of $300/night. Property is currently managed through Brimstone Property Management. Ample parking for your multiple tenants and trucks with trailers.

Property Subtype:

Apartment

Date on Market:

2024-05-24

Lebanon Land for Sale - Wilson County

Property is located just off I 40 @ exit 236, surrounded by retail & medical office and in a high growth area with approximately 3000 +- new homes at this interchange either under construction or approved part of which is anchored by a Del Web senior living community.

Property Subtype:

Commercial

Date on Market:

2023-12-26

Lebanon Land for Sale - Wilson County

Site is 4.17 +- acres , is located in Lebanon Market Place with great visibility from S Hartman, is surrounded by retail & Medical Offices with approximately 5000+- new homes either under construction or approved at this exit off I 40, part of which is anchored by Del Web senior living.Other new developments across the street include Sams & Target

Property Subtype:

Commercial

Date on Market:

2023-12-26

Morristown Land for Sale

Located in the growing West Morristown submarket just 2 minutes from Andrew Johnson Highway, this site is in an ideal location for development of market rent multifamily, 55 and over housing, senior living, affordable housing or any number of other beneficial uses.

Property Subtype:

Agricultural

Date on Market:

2023-09-18

Dickson Land for Sale - Dickson County

A great highly-visible site along Highway 70 E for an auto, storage, retail, medical, hotel or office location! Zoned “B-3, Highway Commercial District”. 2022 Annual Average Daily Traffic Count in front of the site is 14,379 vehicles. All utilities are located at the site. 445’ feet of road frontage along Highway 70 E. +/- .10 miles to Highway 96. +/- 1.1 miles to TriStar Horizon Medical Center. +/- 2 miles to Historic Downtown Dickson. Visibility and access provides an excellent location for a possible "down-zoning residential development".

Property Subtype:

Commercial

Date on Market:

2023-09-11

Memphis Land for Sale - 385 Corridor

Park Like Setting: 8 +/- acres in East Memphis, zoned R-15. Could be approved for OG, office general. Older home on the property, in disrepair. All utilities are connected. 1.5 +/- acre retention pond, professionally stocked with bass, bream, catfish. *We often see wild deer, wild turkey, wild rabbits, owls, geese, ducks, on the property. *modest shed, 2 stall barn, back lot was a horse corral. *older 4bedroom, 3bath home w/ pool in disrepair. Property is surrounded by commercial property: FedEx International, Regions Bank, Hampton by Hilton, Apple Grove Senior Living Adult Day Care, Medical Offices, upscale apartments, TPC Southwind Golf Course, Homewood Suites. Within a mile: Top Golf, Costco, Dick's, Wells Fargo, Kroger, Sam's Club, Lowe's, Walgreens, Circle K, Chase Bank, Olive Garden, Whataburger, Carmax, Toyota, Walmart Super Center.

Property Subtype:

Commercial

Date on Market:

2023-08-21

Madison Land for Sale - Rivergate/Hendersonville

STR Zoned MUL-A Zoning which allows for 73 Single Family Townhomes PADS TO BE BUILT ( RAW LAND READY TO BUILD FULLY APPROVED) text and call Jay Nelson eXp Realty for more info 615-939-6570 THESE ARE ZONED FOR COMMERCIAL SHORT TERM RENTAL PROPERTIES

Property Subtype:

Commercial

Date on Market:

2022-09-08

Ocoee Land for Sale

Prime Site for B&B or Commercial Development. Next to Picturesque Ocoee River and near Hiawassee River, Cherokee National Forest and Big Frog Wilderness

Property Subtype:

Commercial

Date on Market:

2019-11-11

Nashville Portfolio of properties for Sale - Airport South

Incredible opportunity in the heart of Berry Hill to purchase an acre of undeveloped land along with a five-unit Airbnb complex that was just built in 2019 629 W. Iris: 5 Airbnb Units Totaling ±13,462 SF 623 W. Iris: 1-Acre lot

Property Subtype:

Mixed Types

Date on Market:

2025-08-27

Cookeville Land for Sale

The development site is situated at the NW corner of the intersection of  Interstate 40 and Tennessee Avenue at Exit 283. Site offers Approximately 2,884 feet of frontage/visibility along I-40 with an additional 698+ feet frontage along the I-40 West Bound on ramp and approximately 809’ frontage along Hawkins Crawford Road. Zoning Designation: Commercial – Industrial (CI) Mixed Use zoning designation and General Commercial (CG). CI and CG allow for a wide array of uses to include Regional Commercial, Industrial, Medical, Lodging, Restaurant, Multifamily and  Retail trade. The entire site is situated within a QOZ. I-40 Exit 283 AADT 53,413 vpd (Kalibrate Technologies Q3 2022) •Cookeville, TN is home to Tennessee Tech University and Cookeville Regional Medical Center •Cookeville, TN is in the top 10 fastest growing micropolitan markets in the nation •Putnam County is the County seat for 14 surrounding Counties with a trade area reaching over 220,000 •No state income tax •Property to be delivered with water, sewer and gas •On the subject site is the future home of Hyundai of Cookeville (under construction) and the Putnam County, TN Convention Center is just north of the Subject Site

Property Subtype:

Commercial

Date on Market:

2024-05-23

Memphis Office for Sale - Midtown

Date on Market:

2023-09-13

Nashville Land for Sale - Airport South

Premium Retail, Office, Medical and Multifamily Residential Sites available for Sale, Ground Lease or Build-To-Suit. Please inquire for availability. Century Farms is a 300+ acre, mixed-use, master-planned development of great local and regional impact, located along Interstate 24 in Southeast Davidson County, bisected by a brand new Exit 60 interchange in one of the fastest growing areas of Nashville. Century Farms is home to an HCA Healthcare Freestanding ER and adjacent medical office, Nashville SC Team Headquarters (Nashville's Major League Soccer franchise), A 2,000-employee CHS Healthcare office, a 100% leased Tanger Outlet Center with 70+ national retail brands, Thornton's Gas, Arby's, Chipotle, PNC Bank, Panera Bread, Ideal Dental, XFINITY Store, Whataburger, Tropical Smoothie Cafe, Shake Shack and 1,000+ upscale multifamily units. Other tenants currently in permitting or construction include Springhill Suites, Townplace Suites, Hampton Inn, Home2 Suites, Texas Roadhouse, Chick-Fil-A, PopStroke by Tiger Woods, Wilson Bank, Chick-Fil-A, and several hundred more upscale apartment units, with more announcements to come soon.

Property Subtype:

Commercial

Date on Market:

2017-12-16

Memphis Retail for Sale - Airport

For Sale: Historic Vehicle Shop with Duplex | 1136 Marlin Rd., Memphis, TN 38116. Own a piece of Memphis history and carry on the automotive tradition started by one of Elvis Presley’s most trusted friends. Asking Price: $510,000 Step into a piece of Memphis automotive history with this exceptional Vehicle Shop and Duplex property in Whitehaven, once home to the renowned Billy Strawn Transmission Shop — founded and operated by Billy Strawn, the legendary mechanic personally trusted by Elvis Presley, who affectionately called him “The Honest Man.” This rare offering includes two combined lots totaling approximately 1.021 acres, featuring: -Vehicle Shop: ±4,800 SF with 5 service bays, 7 lifts, a private office and reception/lobby, storage with roll-up curtain, mezzanine overlooking the shop, and 18’ clear height to center. The space is ideal for any auto repair, specialty, or performance shop seeking a turn-key setup. -Duplex: ±2,000 SF currently leased for $1,200/month on a month-to-month basis, providing immediate income or an opportunity to convert to additional office or operational space. The property will be delivered vacant at closing, allowing for full control and customization. Positioned in Whitehaven, minutes from Graceland and key commercial corridors, this property combines strong functionality, versatile income potential, and a storied connection to Memphis’ cultural legacy. Highlights: 5 Bays | 7 Lifts | 2 Restrooms Office + Lobby Area Mezzanine with Shop View 18’ Ceiling Height 2 Combined Lots (±1.021 acres) Duplex Income or Office Conversion Opportunity (Read more about Billy Strawn, Elvis, & this Auto Shop here: https://memphismagazine.com/features/local-treasures-billy-strawn/)

Date on Market:

2025-11-07

Oak Ridge Multifamily for Sale - Anderson County

Fantastic investment opportunity in Oak Ridge! This duplex features one spacious 2-bedroom, 1-bath unit, and one 3-bedroom, 1-bath unit, each with new LVP flooring and washer/dryer hookups for added convenience. Both units currently occupied and under lease totaling $2,500 monthly income. The units offer functional layouts with plenty of natural light. The property includes a shared yard space, perfect for outdoor enjoyment or tenant gatherings. Conveniently located near local amenities, schools, and shopping, this property is ideal for investors or owner-occupants seeking rental income. Don't miss this chance to own a versatile duplex in a desirable area!

Property Subtype:

Multi Family

Date on Market:

2025-10-21