Find, analyze, and compare Memphis, IN single-family investment properties, including off-market opportunities and single-family homes with value-add potential. Memphis offers a diverse housing market of townhouses and single-family residences (SFRs) with opportunities for long-term rentals (LTRs). Single-family home housing market trends indicate that Memphis could be a good market for investors, where undervalued properties could provide opportunities for passive rental income or long-term appreciation. Property Intel by Whitepages makes it easy to uncover off-market single-family properties in Memphis, Indiana, compare city and neighborhood benchmarks, and access owner contact information to help you find the best townhouses and single-family homes for your investment strategy.
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.
$413K - $429K
Est. Value
4 beds • 3 baths • 1,670 sq ft
Last Sold: $278K in 2015 • Built: 2014
$472K - $490K
Est. Value
4 beds • 3 baths • 2,237 sq ft
Last Sold: $380K in 2022 • Built: 2022
$194K - $202K
Est. Value
3 beds • 1 bath • 2,025 sq ft
Last Sold: $88K in 2013 • Built: 1926
$237K - $248K
Est. Value
3 beds • 2.5 baths • 1,826 sq ft
Last Sold: $224K in 2018 • Built: 2009
$346K - $361K
Est. Value
3 beds • 2 baths • 3,368 sq ft
Last Sold: $342K in 2021 • Built: 2021
$267K - $280K
Est. Value
3 beds • 2 baths • 1,608 sq ft
Last Sold: $281K in 2021 • Built: 2003
$183K - $190K
Est. Value
3 beds • 2 baths • 1,854 sq ft
Built: 1935
$288K - $300K
Est. Value
4 beds • 2.5 baths • 2,156 sq ft
Last Sold: $140K in 2010 • Built: 1966
$229K - $240K
Est. Value
3 beds • 2 baths • 1,984 sq ft
Last Sold: $228K in 2021 • Built: 2020
$362K - $374K
Est. Value
4 beds • 2.5 baths • 1,658 sq ft
Last Sold: $249K in 2014 • Built: 2013
$148K - $153K
Est. Value
3 beds • 2 baths • 1,348 sq ft
Last Sold: $279K in 2023 • Built: 2002
$243K - $258K
Est. Value
3 beds • 2 baths • 1,800 sq ft
Last Sold: $119K in 2012 • Built: 1985
$277K - $291K
Est. Value
3 beds • 2 baths • 1,652 sq ft
Last Sold: $175K in 2013 • Built: 1998
$222K - $231K
Est. Value
3 beds • 2 baths • 1,415 sq ft
Last Sold: $123K in 2016 • Built: 2005
$808K - $842K
Est. Value
5 beds • 3.5 baths • 2,598 sq ft
Built: 1968
$250K - $267K
Est. Value
3 beds • 2.5 baths • 2,108 sq ft
Last Sold: $307K in 2023 • Built: 2007
$232K - $240K
Est. Value
3 beds • 1 bath • 1,200 sq ft
Built: 1961
$246K - $262K
Est. Value
3 beds • 2 baths • 1,253 sq ft
Last Sold: $89.8K in 2009 • Built: 1992
$350K - $369K
Est. Value
4 beds • 2.5 baths • 2,758 sq ft
Last Sold: $195K in 2010 • Built: 2007
$299K - $313K
Est. Value
4 beds • 2.5 baths • 1,896 sq ft
Built: 1965
$393K - $406K
Est. Value
4 beds • 3 baths • 3,429 sq ft
Last Sold: $353K in 2019 • Built: 2015
$241K - $252K
Est. Value
4 beds • 2 baths • 2,168 sq ft
Built: 2012
$145K - $152K
Est. Value
3 beds • 1 bath • 1,080 sq ft
Last Sold: $177K in 2021 • Built: 1982
$202K - $215K
Est. Value
3 beds • 1.5 baths • 1,360 sq ft
Last Sold: $145K in 2016 • Built: 2015
$180K - $187K
Est. Value
3 beds • 2 baths • 1,350 sq ft
Last Sold: $130K in 2016 • Built: 2010
$201K - $208K
Est. Value
3 beds • 2 baths • 1,325 sq ft
Last Sold: $135K in 2015 • Built: 2015
$388K - $406K
Est. Value
5 beds • 3 baths • 2,668 sq ft
Last Sold: $394K in 2021 • Built: 2011
$151K - $159K
Est. Value
3 beds • 1 bath • 1,053 sq ft
Last Sold: $227K in 2022 • Built: 1976
$351K - $368K
Est. Value
Crystal Springs
4 beds • 3 baths • 2,223 sq ft
Last Sold: $255K in 2020 • Built: 2004
$194K - $203K
Est. Value
3 beds • 2 baths • 1,516 sq ft
Last Sold: $175K in 2014 • Built: 2012