Homes for Sale in 38118

• 

  

  

  /19

  $149,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,404 Sq Ft

  4253 Cottonwood Rd, Memphis, TN 38118

  Great opportunity for homeowners or investors! This vacant property is move-in ready and offers strong potential as a primary residence or rental investment. Conveniently located with easy access to shopping, dining, and major roadways. Whether you’re looking for your next home or a property to add to your portfolio, this one is worth a look. Schedule your showing today!

  

  Blake Clothier

  Premier Realty Group, LLC

  (901) 899-6659

  4253 Cottonwood Rd, Memphis, TN 38118
• 

  

  

  /16

  $133,000

  • 3 Beds
  • 1.5 Baths
  • 1,072 Sq Ft

  3048 Watson St, Memphis, TN 38118

  Adorable home is waiting for you to be its new owner! This 3 bed/1.5 bath home offers separate living and dining space, large fenced in yard with newer shed, 1 year old roof, covered back patio, and so much more!

  

  Carrie Stewart

  Regency Realty, LLC

  (901) 437-5135

  3048 Watson St, Memphis, TN 38118
• 

  

  

  /9

  $100,000

  • 3 Beds
  • 1 Bath
  • 1,024 Sq Ft

  3421 Piney Woods Ave, Memphis, TN 38118

  3 bedroom 1 bath home in East Whitehaven Park being sold as-is. 10 min from the Memphis internation Airport and FedEx. 15 min from Graceland. Solid bones, needs TLC.

  

  Jason Miller

  eXp Realty, LLC

  (901) 668-6751

  3421 Piney Woods Ave, Memphis, TN 38118
• 

  

  /2

  $53,000

  $2K PRICE INCREASE

  • 2 Beds
  • 2 Baths
  • 1,000+ Sq Ft

  4721 Queens Lace Ct Unit 56, Memphis, TN 38118

  Back on the Market! Motivated seller! Bring all offers! This nice 2-bedroom, 2-bathroom condo offers a spacious and functional layout. The unit features an open living room and dining room area, kitchen, in-unit laundry, and ample natural light throughout. Both bedrooms are generously sized.

  

  Vashti Parson

  C21 Patterson & Assoc. Real Es

  (901) 673-8122

  4721 Queens Lace Ct Unit 56, Memphis, TN 38118
• 

  

  

  /3

  $100,000

  • 4 Beds
  • 2 Baths
  • 1,901 Sq Ft

  3562 Fuller Rd, Memphis, TN 38118

  INVESTORS ONLY!! DO NOT DISTURB TENANT. Nice 4/2 sits on two lots currently rented for $1150/months. House is in great condition. Showings only with an accepted offer. Tenant is month to month. No wholesalers, no assignments, no creative financing or subject to offers please. Seller also selling 1023 Springdale, 1373 Semmes unit 2 & 766 Los Angeles (Can buy individually or in bulk).

  

  Charlene Bailey

  Bespoke Realty

  (901) 446-0869

  3562 Fuller Rd, Memphis, TN 38118
• 

  

  /6

  $275,000

  $75K PRICE DROP

  • Land
  • 2.64 Acres
  • $104,167 per Acre

  3549 Winchester Rd, Memphis, TN 38118

  2.65 Commercial Acres in VICTORY HEIGHTS on Winchester Rd

  

  Jason Miller

  eXp Realty, LLC

  (901) 519-2396

  3549 Winchester Rd, Memphis, TN 38118
• 

  /2

  $179,550

  • 4 Beds
  • 1 Bath
  • 1,160 Sq Ft

  4299 Knight Arnold Rd, Memphis, TN 38118

  Renovated rental property with an active lease in place. Currently leased at $1,100 month to month. No creative financing offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 657-4013

  4299 Knight Arnold Rd, Memphis, TN 38118
• 

  

  /29

  $89,000

  $1K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,471 Sq Ft

  4787 Townhouse Way, Memphis, TN 38118

  *** Do Not Disturb Tenant*** Newly Renovated Condo located in East Memphis. Section 8 Tenant in place for $997, MHA Approved on 9/30/25. Property is 3 Bedrooms 2 baths, 1 Bedroom downstairs and 2 Upstairs. Property was Purchased in a Tax Sale, Seller has owned the property less than a Year (Buyer Must close with Saddle Creek Only) Title Insurance can possibly be Purchased with an Attached Risk

  

  Tara Woodley

  Zach Taylor Real Estate

  (901) 445-9162

  4787 Townhouse Way, Memphis, TN 38118
• 

  /2

  $180,880

  • 3 Beds
  • 2 Baths
  • 1,758 Sq Ft

  4154 Arrowhead Rd, Memphis, TN 38118

  Renovated rental property with an active lease in place. Currently leased at $835 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 589-5118

  4154 Arrowhead Rd, Memphis, TN 38118
• 

  

  /7

  $825,000

  • Land
  • 58.2 Acres
  • $14,175 per Acre

  0 Tchulahoma Rd Unit 26568470, Memphis, TN 38118

  Positioned in a rapidly expanding logistics and distribution corridor in South Memphis, Tennessee, this 58.2 acre tract on Tchulahoma Road in Shelby County offers an outstanding development and investment opportunity near one of the region's most active industrial hubs. Located just 0.6 miles from the Amazon Distribution Center and approximately 6.1 miles from Memphis International Airport, the

  Shane Martin Smalltown Hunting Properties & Real Estate

  0 Tchulahoma Rd Unit 26568470, Memphis, TN 38118
• 

  /2

  $135,000

  • 4 Beds
  • 2 Baths
  • 1,600 Sq Ft

  3416 Swanson St, Memphis, TN 38118

  Spacious 4-bedroom, 2-bath home featuring a bright kitchen and cozy breakfast area, comfortable living room, and welcoming den with fireplace. The private primary suite offers a separate vanity and shower. Perfect for comfortable everyday living and entertaining guests. ISO investor to assume income-producing rental & take possession with notice. Photos are prior to tenant occupancy approximately

  Amanda Bryant Glenn Rutherford Company, Inc.

  3416 Swanson St, Memphis, TN 38118
• 

  

  /20

  $119,900

  • 4 Beds
  • 2 Baths
  • 1,553 Sq Ft

  3958 Bishops Bridge Rd, Memphis, TN 38118

  Charming and spacious 1.5-story traditional home in the established Oakhaven community. This 1,553 sq. ft. residence features 4 generously sized bedrooms and 2 full bathrooms, offering a versatile layout perfect for growing families. The main level includes a formal living room, a cozy den, and two bedrooms. Upstairs, find two additional bedrooms for added privacy. Enjoy original character with

  Tiffany Jones Trelora Realty

  3958 Bishops Bridge Rd, Memphis, TN 38118
• 

  /2

  $151,000

  • 3 Beds
  • 2 Baths
  • 1,719 Sq Ft

  2988 Clearbrook St, Memphis, TN 38118

  Occupied home for sale in Parkway Village! Long standing tenant that is professionally managed. Home rents for $1150 and a housing tenant. Tenant has been there over 10 years! Ideal for an investor looking for a cash flowing property in a desirable Memphis neighborhood! Call listing agent for details. Do not disturb tenants. Access upon accepted offer.

  Andrew Akins CB Properties of Memphis, LLC

  2988 Clearbrook St, Memphis, TN 38118
• 

  

  /13

  $99,900

  $3K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  2705 Mcmurray St, Memphis, TN 38118

  Terrific investment opportunity. Tenant occupied, cash flowing and professionally managed home. Currently rented for $955/mo with a $925 deposit on file. Lease expires 05/31/26. Do not approach or disturb tenant, no showings without an accepted offer. No wholesale, assignment, seller finance or creative finance. ONLINE VIDEO AVAILABLE UPON REQUEST. Seller also selling: 3243 13 Colony #2B.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2705 Mcmurray St, Memphis, TN 38118
• 

  

  /9

  $25,000

  • Land
  • 1.3 Acres
  • $19,231 per Acre

  . Jackson Pit Rd, Memphis, TN 38118

  Residential lot call for more info

  Itzel Sanchez Bustamante Keller Williams

  . Jackson Pit Rd, Memphis, TN 38118
• 

  

  /15

  $65,000

  • 2 Beds
  • 1.5 Baths
  • 1,218 Sq Ft

  3111 Linda Dr, Memphis, TN 38118

  2 bedroom, 1.5 bath home being sold as is

  Amy Hill Fast Track Realty, LLC

  3111 Linda Dr, Memphis, TN 38118
• 

  

  /21

  $224,900

  $2K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,606 Sq Ft

  3116 Domar St, Memphis, TN 38118

  Parkway Village designer flat, fully renovated top to bottom. White oak floors, black-frame windows, ample closets and pantry, chef's kitchen with breakfast bar, black hardware throughout, open concept living, 15-foot textured ceilings, spacious laundry room, and private backyard access. No MEP and roofing detail left behind! James Hardie siding enclosing a masterful gem of the neighborhood.

  Daniel Demers Sell Your Home Services, LLC

  3116 Domar St, Memphis, TN 38118
• 

  

  /32

  $169,500

  • 3 Beds
  • 2 Baths
  • 1,291 Sq Ft

  5128 Jessie Lee Ln, Memphis, TN 38118

  Step into this beautifully maintained and thoughtfully updated 3-bedroom, 2-bathroom home nestled in a peaceful, tree-lined neighborhood. With recent upgrades this home blends classic comfort with modern functionality — perfect for a first-time homebuyer, a small family, or an investor looking for a turnkey rental. Roof replaced (2020) — peace of mind for years to come! Energy-efficient windows

  John Payne BEST Real Estate Company

  5128 Jessie Lee Ln, Memphis, TN 38118
• 

  

  /8

  $136,000

  • 3 Beds
  • 1 Bath
  • 1,034 Sq Ft

  3399 Beech Grove Rd, Memphis, TN 38118

  INVESTORS ONLY! Turnkey, tenant-occupied property generating $1,050/month with lease secured through 10/31/2026. Tenant has occupied the property since October 2024, with automatic lease renewal unless either party provides notice to terminate. Fully renovated in summer 2023, including new roof, HVAC, water heater, updated plumbing and electrical, and cosmetic upgrades. Professionally

  Jeremy Veldman KAIZEN Realty, LLC

  3399 Beech Grove Rd, Memphis, TN 38118
• 

  

  /39

  $130,000

  • 3 Beds
  • 1 Bath
  • 1,402 Sq Ft

  3083 Cherry Rd, Memphis, TN 38118

  per seller roof about 3 years old, water heater is about 2 years old, 3 bedrooms + an extra room could be a 4th room, now is 1 bath (seller said used to have the half restroom.)

  Ngoc Quach Germantown Properties

  3083 Cherry Rd, Memphis, TN 38118
• 

  

  /27

  $79,900

  • 2 Beds
  • 1 Bath
  • 1,002 Sq Ft

  3451 Birdsong Ferry Rd, Memphis, TN 38118

  Charming 2-bedroom, 1-bath single-family home offering 1002 sqft of comfortable, one-level living in a convenient Memphis location. Features include a spacious living area, functional kitchen with dining space, covered carport parking, and a large yard with room to enjoy the outdoors. Conveniently located near shopping, dining, schools, and major roadways for an easy commute.

  Tiffany Jones Trelora Realty

  3451 Birdsong Ferry Rd, Memphis, TN 38118
• 

  

  /22

  $144,900

  • 3 Beds
  • 2 Baths
  • 1,487 Sq Ft

  3332 Clearbrook St, Memphis, TN 38118

  Move-in ready 3-bed, 2-bath ranch in Parkway Village. Features a spacious living room, formal dining, and cozy den with a fireplace. Highlights include original hardwoods and a large level lot. Includes a 2-car attached carport with storage. Convenient to schools and transit. Great for first-time buyers or investors.

  Alexis Martz Trelora Realty

  3332 Clearbrook St, Memphis, TN 38118
• 

  /2

  $120,000

  • 3 Beds
  • 1 Bath
  • 1,026 Sq Ft

  3822 E Victory Heights Ln, Memphis, TN 38118

  INVESTORS: LOOK NO FURTHER! Long term tenant. This is part of an eight home package (1641 Graham; 1658, 1662 and 1674 Sailors; 3822, 3679, 3685, 3671 Victory Heights). Units may be sold individually. Unit is occupied at $950.00 per month. Priced to SELL!!!!!

  Frank Colvett REMAX Experts

  3822 E Victory Heights Ln, Memphis, TN 38118
• 

  /2

  $200,200

  • 4 Beds
  • 4 Baths
  • 2,699 Sq Ft

  3614 Tchulahoma Rd, Memphis, TN 38118

  Great investment opportunity with this spacious 4 bedroom property featuring 2 full baths and 2 half baths, thoughtfully divided with 2 bedrooms and 1.5 baths on each side. Ideal layout for tenants, offering functional and comfortable living spaces. Property is professionally managed, providing a seamless experience for investors. Being sold with tenants in place. Showings will be scheduled after

  Camela Henke Enterprise, REALTORS

  3614 Tchulahoma Rd, Memphis, TN 38118
• 

  

  /9

  $129,900

  • 4 Beds
  • 1 Bath
  • 1,088 Sq Ft

  3114 Cherry Rd, Memphis, TN 38118

  Beautiful 4 bedroom 1 bath home with large back yard on a quite street. Home has great charm a must see.

  Fred Sengstacke KAIZEN Realty, LLC

  3114 Cherry Rd, Memphis, TN 38118
• 

  

  /5

  $103,000

  • 3 Beds
  • 1.5 Baths
  • 1,078 Sq Ft

  5357 Cosmos Cove, Memphis, TN 38118

  Investor Special! This 3 bedroom, 1.5 bath property offers a great opportunity for investors or buyers looking to add value. Home needs cosmetic updates and is priced below market to reflect the work needed to bring it back to life. Spacious layout with strong potential for rental income or resale. Tenant currently occupies the property and is scheduled to vacate at the end of June 2026, making

  Cassandra Bell-Warren 4 Success Realty, LLC

  5357 Cosmos Cove, Memphis, TN 38118
• 

  /2

  $55,000

  $55K PRICE DROP

  • Land
  • 35,719 Sq Ft
  • $67,073 per Acre

  3646 Democrat Rd, Memphis, TN 38118

  This .82 Acre lot is being sold along with 3628 Democrat for a package deal. Regular shaped and zoned RU-3 which allow for various uses including SFH, Multifamily Homes, Manufactured homes, Assist Living and more. Contact me for more information. Bring all offers

  John Cornes Braden, Braden & Braden LLC

  3646 Democrat Rd, Memphis, TN 38118
• 

  

  /19

  $225,000

  New Construction $11K PRICE INCREASE

  • 4 Beds
  • 2 Baths
  • 1,410 Sq Ft

  3118 Arrendale St, Memphis, TN 38118

  New construction, fully completed and never occupied. This home features a 3 bedroom, 2 bathroom layout with 1161 heated sq ft. Move-in ready. Contact the listing agent for floor plans, additional details, or to schedule a showing.

  Cesar Lara Fast Track Realty, LLC

  3118 Arrendale St, Memphis, TN 38118
• 

  

  /10

  $179,000

  • 3 Beds
  • 2 Baths
  • 1,617 Sq Ft

  4580 Cottonwood Rd, Memphis, TN 38118

  Completely updated home in Parkway Village ideal for an owner occupant or first-time home buyer. Will go Conventional, FHA or VA. With the recent updates, the new owner is moving into a low maintenance home. Could also be ideal for an investor looking to add to their portfolio a cash flowing property! Call listing agent today for details.

  Andrew Akins CB Properties of Memphis, LLC

  4580 Cottonwood Rd, Memphis, TN 38118
• 

  /2

  $90,000

  • 2 Beds
  • 1 Bath
  • 640 Sq Ft

  3679 Victory Heights Ln S, Memphis, TN 38118

  INVESTORS: LOOK NO FURTHER! Long term tenant. This is part of an eight home package (1641 Graham; 1658, 1662 and 1674 Sailors; 3822, 3679, 3685, 3671 Victory Heights). Units may be sold individually. Unit is occupied at $900.00 per month. Priced to SELL!!!!!

  Frank Colvett REMAX Experts

  3679 Victory Heights Ln S, Memphis, TN 38118
• 

  

  /3

  $130,000

  • 3 Beds
  • 1.5 Baths
  • 1,548 Sq Ft

  3131 Curtis St, Memphis, TN 38118

  This property is leased at $1,245 per month through 3/31/2027, with a cash-on-cash return of 6.10% and a monthly cash flow of $198.30. "All investment figures are estimates and verified independently by buyer." Turnkey investment opportunity featuring a spacious 3-bedroom, 1.5-bath layout with approximately 1,548 SF of living space. This well-maintained brick home offers durable construction,

  James Wachob Foundation Property Management

  3131 Curtis St, Memphis, TN 38118
• 

  /2

  $130,000

  • 4 Beds
  • 1 Bath
  • 1,188 Sq Ft

  3671 S Victory Heights Ln, Memphis, TN 38118

  INVESTORS: LOOK NO FURTHER! Long term tenant. This is part of an eight home package (1641 Graham; 1658, 1662 and 1674 Sailors; 3822, 3679, 3685, 3671 Victory Heights). Units may be sold individually. Unit is occupied at $1,300.00 per month. Priced to SELL!!!!!

  Frank Colvett REMAX Experts

  3671 S Victory Heights Ln, Memphis, TN 38118
• 

  

  /35

  $129,900

  • 3 Beds
  • 2 Baths
  • 1,280 Sq Ft

  3372 Spring Shadow Dr, Memphis, TN 38118

  Contemporary 3-bedroom, 2-bathroom ranch in the established Easthaven community. This move-in-ready 1,316 sq. ft. home features a functional open layout, cozy stone fireplace, and a private 1-car garage. Situated on a manageable 0.18-acre lot with a timeless partial-stone exterior. Ideal for those seeking a blend of classic Memphis charm and modern convenience. Schedule your showing today!

  Alexis Martz Trelora Realty

  3372 Spring Shadow Dr, Memphis, TN 38118
• 

  /2

  $159,900

  • 3 Beds
  • 2 Baths
  • 1,615 Sq Ft

  3618 Shoreham Dr, Memphis, TN 38118

  Fantastic investment opportunity. Seller has 7 properties for sale. 6 SFH & 1 Duplex. This property is on a month-to-month lease at $969/mo. Providing immediate cash flow while you plan your future value-add strategy. Please do not disturb the tenant. Property being sold as-is. No wholesalers, or creative financing. Showings/Inspections after contract. This property is currently being

  Benjamin Reed Reed & Associates of Tenn, LLC

  3618 Shoreham Dr, Memphis, TN 38118
• 

  /2

  $114,900

  • 3 Beds
  • 1 Bath
  • 979 Sq Ft

  4224 Arrowhead Rd, Memphis, TN 38118

  Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38118 area. Cash flowing with a monthly rental amount of $1,100/month. The lease ends on 2/28/2027. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  4224 Arrowhead Rd, Memphis, TN 38118
• 

  

  /17

  $65,000

  Coming Soon

  • 3 Beds
  • 2 Baths
  • 1,685 Sq Ft

  4797 Myrlen Dr, Memphis, TN 38118

  Great investment with cash flow. Welcome to this charming 3-bedroom, 2-bath condo nestled in the heart of East Memphis! Each bedroom is generously sized, and the two full bathrooms provide convenience for all. Enjoy the outdoors with a private, fenced-in patio – perfect for relaxing or hosting gatherings. With two covered parking spaces. Home is leased for $1,000 a month, lease ends 03/2026.

  larrian currie One Stop Global Realty

  4797 Myrlen Dr, Memphis, TN 38118
• 

  

  /9

  $150,000

  $15K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,253 Sq Ft

  3011 Beauchamp Dr, Memphis, TN 38118

  Solid investment opportunity in Memphis. This 3 bedroom 1.5 bathroom property at 3011 Beauchamp Dr is tenant occupied and currently rented for $984.95 per month, providing immediate income for an investor looking to add to their portfolio. With steady cash flow already in place, this property offers a practical option for both new and experienced investors seeking rental income. Located in an

  Jose Adan Leal Garcia Fast Track Realty, LLC

  3011 Beauchamp Dr, Memphis, TN 38118
• 

  

  /23

  $129,900

  • 3 Beds
  • 2 Baths
  • 1,470 Sq Ft

  4998 Penwood Cove, Memphis, TN 38118

  Beautifully maintained 3-bedroom, 2-bath home nestled in a quiet cove in Memphis! This charming property features a spacious living area, functional kitchen with ample cabinet space, comfortable bedrooms, and an attached 2-car garage. Conveniently located near shopping, dining, schools, and major roadways.

  Tiffany Jones Trelora Realty

  4998 Penwood Cove, Memphis, TN 38118
• 

  /2

  $139,000

  • 3 Beds
  • 1 Bath
  • 864 Sq Ft

  3554 Venable Rd, Memphis, TN 38118

  Great investment opportunity in the Oakhaven area. This brick property features 3 bedrooms, 1 bathroom, and an attached carport, making it the ideal project for those looking to remodel and maximize value. It's a home with great potential that needs some repairs, perfect for customizing to your liking. Owner Financing is available! Gran oportunidad de inversión en la zona de Oakhaven. Esta

  Trevor Day My Casa My House

  3554 Venable Rd, Memphis, TN 38118
• 

  

  /23

  $152,500

  • 3 Beds
  • 1.5 Baths
  • 1,113 Sq Ft

  3687 Bedford Ln, Memphis, TN 38118

  Welcome to this beautifully updated 3-bedroom, 1.5-bath home offering exceptional value for first-time buyers, downsizers, and investors alike. The spacious living and dining room combination provides plenty of room for entertaining and everyday living. Recent updates include new lower kitchen cabinets, faux marble countertops, new sink with gooseneck faucet, white subway tile backsplash, updated

  Bryant Smith THE PROFESSIONAL AGENCY

  3687 Bedford Ln, Memphis, TN 38118

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