Find, analyze, and compare Memphis, IN investment properties, including off-market opportunities and residential homes with value-add potential. Memphis offers a diverse housing market with single-family homes, and vacant properties. Investors can explore potential investment opportunities for long-term rentals (LTRs) throughout Indiana. Explore housing market trends in Memphis, where up-and-coming neighborhoods may offer potential for passive rental income and other investment strategies. Property Intel by Whitepages makes it easy to analyze market trends, uncover off-market properties, compare neighborhood benchmarks, and access owner contact information to help you find the best investment properties in Memphis, IN for your real estate goals.
In Memphis, the median property value currently stands at $279,024, reflecting a 5.45% year-over-year increase based on recent sales. The 5-year appreciation forecast estimates values reaching $476,110 (a 70.63% gain). The housing market includes a total of 1,860 houses.The median home in Memphis has 1,742 square feet of living space, priced at a median of $173 per square foot with a median year built of 2001. For long-term rental properties in Memphis, the median annual gross rental income is $25,800 (or
$2,150/month) with estimated operating expenses of
$6,235, resulting in an approximate gross cap rate of 6.5%.
Property Intel by Whitepages helps investors and homeowners explore the Memphis area
by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps.
These tools support research into investment properties, including foreclosure data
and off-market listings in Memphis, IN.
$243K - $258K
Est. Value
3 beds • 2 baths • 1,800 sq ft
Last Sold: $119K in 2012 • Built: 1985
$262K - $273K
Est. Value
4 beds • 2 baths • 1,558 sq ft
Built: 2001
$288K - $300K
Est. Value
4 beds • 2.5 baths • 2,156 sq ft
Last Sold: $140K in 2010 • Built: 1966
$413K - $429K
Est. Value
4 beds • 3 baths • 1,670 sq ft
Last Sold: $278K in 2015 • Built: 2014
$222K - $231K
Est. Value
3 beds • 2 baths • 1,415 sq ft
Last Sold: $123K in 2016 • Built: 2005
$272K - $282K
Est. Value
3 beds • 2 baths • 1,602 sq ft
Last Sold: $180K in 2014 • Built: 2015
$246K - $262K
Est. Value
3 beds • 2 baths • 1,253 sq ft
Last Sold: $89.8K in 2009 • Built: 1992
$241K - $252K
Est. Value
4 beds • 2 baths • 2,168 sq ft
Built: 2012
$362K - $374K
Est. Value
4 beds • 2.5 baths • 1,658 sq ft
Last Sold: $249K in 2014 • Built: 2013
$237K - $248K
Est. Value
3 beds • 2.5 baths • 1,826 sq ft
Last Sold: $224K in 2018 • Built: 2009
$229K - $240K
Est. Value
3 beds • 2 baths • 1,984 sq ft
Last Sold: $228K in 2021 • Built: 2020
$277K - $291K
Est. Value
3 beds • 2 baths • 1,652 sq ft
Last Sold: $175K in 2013 • Built: 1998
$183K - $190K
Est. Value
3 beds • 2 baths • 1,854 sq ft
Built: 1935
$201K - $208K
Est. Value
3 beds • 2 baths • 1,325 sq ft
Last Sold: $135K in 2015 • Built: 2015
$202K - $215K
Est. Value
3 beds • 1.5 baths • 1,360 sq ft
Last Sold: $145K in 2016 • Built: 2015
$232K - $240K
Est. Value
3 beds • 1 bath • 1,200 sq ft
Built: 1961
$808K - $842K
Est. Value
5 beds • 3.5 baths • 2,598 sq ft
Built: 1968
$151K - $159K
Est. Value
3 beds • 1 bath • 1,053 sq ft
Last Sold: $227K in 2022 • Built: 1976
$250K - $267K
Est. Value
3 beds • 2.5 baths • 2,108 sq ft
Last Sold: $307K in 2023 • Built: 2007
$194K - $202K
Est. Value
3 beds • 1 bath • 2,025 sq ft
Last Sold: $88K in 2013 • Built: 1926
$351K - $368K
Est. Value
Crystal Springs
4 beds • 3 baths • 2,223 sq ft
Last Sold: $255K in 2020 • Built: 2004
$299K - $313K
Est. Value
4 beds • 2.5 baths • 1,896 sq ft
Built: 1965
$350K - $369K
Est. Value
4 beds • 2.5 baths • 2,758 sq ft
Last Sold: $195K in 2010 • Built: 2007
$148K - $153K
Est. Value
3 beds • 2 baths • 1,348 sq ft
Last Sold: $279K in 2023 • Built: 2002
$393K - $406K
Est. Value
4 beds • 3 baths • 3,429 sq ft
Last Sold: $353K in 2019 • Built: 2015
$346K - $361K
Est. Value
3 beds • 2 baths • 3,368 sq ft
Last Sold: $342K in 2021 • Built: 2021
$180K - $187K
Est. Value
3 beds • 2 baths • 1,350 sq ft
Last Sold: $130K in 2016 • Built: 2010
$145K - $152K
Est. Value
3 beds • 1 bath • 1,080 sq ft
Last Sold: $177K in 2021 • Built: 1982
$388K - $406K
Est. Value
5 beds • 3 baths • 2,668 sq ft
Last Sold: $394K in 2021 • Built: 2011
$267K - $280K
Est. Value
3 beds • 2 baths • 1,608 sq ft
Last Sold: $281K in 2021 • Built: 2003
