Multi–family Homes in Memphis | Reonomy

Multi–family Homes in Memphis

Unlock property data on 7,611 multi–family homes in Memphis. Search through Memphis property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Reonomy attracts a large community of Memphis commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in multi–family homes.

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Memphis multi-family home sold prices and values

Values and sold prices (last 24 months) United States Tennessee Memphis
Average price/sqft -- -- --
Average sold price $913,491 $960,505 $477,810
Median sold price $121,295 $131,037 $52,989
Number of sales 531,699 8,208 1,618
Number of sales over $250k 182,893 2,527 308
Number of sales over $1m 50,632 767 105
Number of sales over $10m 7,994 139 17
Average total tax amount $12,718 $10,302 $8,707
Average assessed value $596,669 $263,267 $123,528
Average market value $805,999 $674,503 $350,751

Memphis multi-family home property averages

Property averages United States Tennessee Memphis
Average lot size 93,608 sf 62,918 sf 39,255 sf
Median lot size 6,947 sf 14,669 sf 8,974 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1949 1971 1954
Average number of units 9 9 8
Median number of units 2 2 2

Memphis multi-family home total supply

Supply United States Tennessee Memphis
Number of parcels 4,358,871 54,046 7,648
Aggregate lot acerage 11,019,704 63,838 5,778
Aggregate building area -- -- --
Aggregate units 28,825,841 375,880 54,858

Memphis multi-family home industrial mortgages

Debt United States Tennessee Memphis
Number of mortgages 11,105,446 77,092 11,231
Average value of mortgages $1,666,996 $2,753,393 $1,684,653

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