Homes for Sale in 38106

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  /4

  $75,000

  • 3 Beds
  • 1 Bath
  • 4,225 Sq Ft

  1401 Michigan St, Memphis, TN 38106

  Attention investors! This residential property is now available being sold as-is. This property offer strong value-add potential for fix-and-flip, rental portfolios, or long-term hold strategies. The following properties can be bought at a discounted rate: 1393 Michigan St 1399 Michigan St 1401 Michigan St Buy one or bundle all three for a potential discounted package deal. Highlights: • Sold

  Evelyn McCormick C21 Patterson & Assoc. Real Es

  1401 Michigan St, Memphis, TN 38106
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  /18

  $18,000

  $2K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,042 Sq Ft

  1461 E Waldorf Ave, Memphis, TN 38106

  Opportunity awaits with this well-built 3-bedroom, 1-bath brick home located in a desirable area with strong investment potential. The property features a solid structure and a newish roof, providing a great starting point for your renovation vision. While the interior needs a rehab, the home offers excellent potential for investors, flippers, or buyers looking to renovate and create their ideal

  Donnie Morrow eXp Realty, LLC

  1461 E Waldorf Ave, Memphis, TN 38106
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  /9

  $18,000

  • Land
  • 7,405 Sq Ft
  • $105,882 per Acre

  1539 Marjorie St, Memphis, TN 38106

  Discover the perfect opportunity to build your dream home or investment property. This lot offers convenient access to existing plumbing and electricity, saving you time and money during development. The property provides easy access to major roads, schools, and local amenities—ideal for both homeowners and builders.

  Danielle Adkins Harris Realty Services

  1539 Marjorie St, Memphis, TN 38106
• 

  

  /2

  $87,000

  • 2 Beds
  • 1 Bath
  • 989 Sq Ft

  1817 S Wellington St, Memphis, TN 38106

  Recently updated, new floors, all rooms freshly painted, new central heat and air unit, washer and dryer connections, off street parking, close to schools and public transportation, large corner lot, 2 bedrooms plus bonus room that could be used as an office or child's bedroom

  Howard Averyhart The Peyton Co., Inc., REALTORS

  1817 S Wellington St, Memphis, TN 38106
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  /14

  $15,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,056 Sq Ft

  1353 Mcmillan St, Memphis, TN 38106

  Seller started the renovations but decided to sell it now due to other projects. New roof, new duct work, new windows, new floor beams. Seller also has new furnace that he will provide the new buyer and all the sheetrock stays with the house.

  Keino Spring Harris & Harris Realty Group

  1353 Mcmillan St, Memphis, TN 38106
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  /32

  $224,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,403 Sq Ft

  1708 Glenview Ave, Memphis, TN 38106

  Welcome to this beautifully renovated 3-bedroom, 2-bath home located in one of Memphis’s charming historic districts. This move-in-ready property blends classic character with modern updates, offering the best of both worlds. The home features a spacious open layout, updated flooring, and a fully remodeled kitchen with contemporary finishes perfect for everyday living and entertaining. Both

  Fred Sengstacke KAIZEN Realty, LLC

  1708 Glenview Ave, Memphis, TN 38106
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  /2

  $47,500

  • 6 Beds
  • 2 Baths
  • 1,946 Sq Ft

  1178 E Mclemore Ave, Memphis, TN 38106

  Investor Special – 1178 E McLemore Ave, Memphis, TN Brick duplex featuring 3 bedrooms and 1 bathroom on each side. Property needs a full rehab and is being sold as-is. Strong value-add opportunity with solid rental potential once renovated. Great addition to an investor’s portfolio or a perfect project for a seasoned rehabber.

  Joshua Moss KAIZEN Realty, LLC

  1178 E Mclemore Ave, Memphis, TN 38106
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  /2

  $88,500

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 792 Sq Ft

  831 Alice Ave, Memphis, TN 38106

  Awesome investment property! Tenant occupied at $1175/month until July 31, 2026. Professionally managed by RJ Property Management. Lease and ledger are available upon request. Seller has another property for sale and will sell individually or as a package. The other address is 663 Lucy Ave. Both properties occupied. Do not disturb tenants. No viewings until accepted offer in place. NO seller

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  (901) 660-9423

  831 Alice Ave, Memphis, TN 38106
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  /6

  $99,000

  $10K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,611 Sq Ft

  1165 Cannon St, Memphis, TN 38106

  PRICE REDUCED!! Step into this fully renovated 4-bedroom, 1-bath. With new HVAC, roofing, electrical and plumbing completed in "2025". The home features modern updates with fresh maintenance free exterior. The interior layout flows beautifully from the living area into a stylish kitchen with updated cabinetry, and plenty of counter space. Spacious bedrooms and updated bathroom. Move-in ready.

  Stephanie Moss BEST Real Estate Company

  1165 Cannon St, Memphis, TN 38106
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  /17

  $109,000

  $10K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,100 Sq Ft

  1448 Menager Rd, Memphis, TN 38106

  This home has been renovated and has lots of space. Directly behind Hamilton High School. This property is great for a family or investor.

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 883-7341

  1448 Menager Rd, Memphis, TN 38106
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  /2

  $70,000

  • 2 Beds
  • 1 Bath
  • 835 Sq Ft

  2340 Hernando Rd, Memphis, TN 38106

  2 bedroom, 1 bath home with a spacious backyard. Tenant-occupied Section 8 rental producing $1,150/month in guaranteed income with a stable tenant in place. Tenant utilizes an additional room as a third bedroom, though it is not officially classified. Interior access permitted only after an accepted contract, contingent upon interior inspection, to minimize disruption to the tenant. Please do not

  LaTonya Hammond Lawrence Johnson, REALTORS

  2340 Hernando Rd, Memphis, TN 38106
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  /2

  $95,000

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,008 Sq Ft

  1541 Patton St, Memphis, TN 38106

  This home has been renovated and is move in ready! This would make a nice first time buyer home. Three bedrooms and two bathrooms.

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 669-3692

  1541 Patton St, Memphis, TN 38106
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  /2

  $65,000

  $50K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,267 Sq Ft

  1388 Preston St, Memphis, TN 38106

  This is a nice family home on a corner lot with a large covered porch.

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 479-0734

  1388 Preston St, Memphis, TN 38106
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  /2

  $18,000

  • Land
  • 8,276 Sq Ft
  • $94,737 per Acre

  1117 S Somerville St, Memphis, TN 38106

  Lachoya Thompson C21 Patterson & Assoc. Real Es

  1117 S Somerville St, Memphis, TN 38106
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  /2

  $160,000

  $25K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,654 Sq Ft

  1505 Netherwood Ave, Memphis, TN 38106

  This well built home is spacious, has a long driveway with a two car carport. Ideal for a family needing space. Four bedrooms / two bathrooms, kitchen with separate dining, move in ready!

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 589-4777

  1505 Netherwood Ave, Memphis, TN 38106
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  /2

  $92,000

  • 3 Beds
  • 1 Bath
  • 1,222 Sq Ft

  1478 Effie Rd, Memphis, TN 38106

  DO NOT DISTURB TENANT!!! INVESTOR SPECIAL!! This is a 3-bedroom and 1 bath home. This home has been freshly painted with new installed laminate flooring. The roof is less than 3 years old.

  Sherita McCray Assured Real Estate Services

  1478 Effie Rd, Memphis, TN 38106
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  /3

  $10,000

  • Land
  • 3,484 Sq Ft
  • $125,000 per Acre

  1329 Michigan St, Memphis, TN 38106

  Prime opportunity to build in an established South Memphis neighborhood! This vacant residential lot offers a great opportunity for builders, investors, or future homeowners looking to create something new. Conveniently located with easy access to major roadways, schools, and local amenities. Utilities available in the area (buyer to verify). Whether you're planning a primary residence or

  Donnie Morrow eXp Realty, LLC

  1329 Michigan St, Memphis, TN 38106
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  /4

  $75,000

  • 3 Beds
  • 2 Baths
  • 972 Sq Ft

  1448 Valse Rd, Memphis, TN 38106

  INVESTERS ONLY!!! Tenant occupied 3bed 2 bath home that is currently rented at $1171 per month. Owner self manages this property, this could be a great addition to your rental portfolio. No sign in the yard. Please do not disturb or approach the tenant. LEASE AND LEDGER AVAILABLE UPON REQUEST. No Creative or Owner Financed Offers. No Wholesale or Assignment. Property was substantially rehabbed in

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1448 Valse Rd, Memphis, TN 38106
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  /26

  $189,900

  $15K PRICE DROP

  • 5 Beds
  • 3 Baths
  • 2,021 Sq Ft

  1555 S Wellington St, Memphis, TN 38106

  New Renovation of 5 Bedroom/3 Bathroom, YES! 5 BEDS & 3 FULL BATHS! All on one level! Seller went above and beyond! You must see to believe this terrific floor plan! New easy care plank flooring & fresh paint throughout. NEW roof & HVAC, plus custom kitchen featuring new cabinets, new stainless steel appliances and quartz countertops. Beautiful new primary suite includes large walk-in shower. Use

  Bruce Milner eXp Realty, LLC

  1555 S Wellington St, Memphis, TN 38106
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  /14

  $90,000

  $25K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,026 Sq Ft

  1532 Silver St, Memphis, TN 38106

  Property has been vandalized. Cash or hard money only. Will need all systems replaced. Selling as-is

  Caleb Parr Renshaw Company, REALTORS

  1532 Silver St, Memphis, TN 38106
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  /5

  $5,500

  • Land
  • 5,662 Sq Ft
  • $42,308 per Acre

  661 Eads Ave, Memphis, TN 38106

  This prime vacant lot presents an incredible opportunity for savvy buyers, investors, or builders ready to shape their vision in the heart of historic South Memphis! Priced affordably, this cleared parcel offers a generous canvas—approximately 0.13 acres—with easy access to major highways, quick commutes to vibrant Downtown Memphis, and proximity to the city's iconic landmarks, music scene, and

  Rebecca Edwards Keller Williams

  661 Eads Ave, Memphis, TN 38106
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  /17

  $49,900

  $10K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,224 Sq Ft

  1081 Talley Place, Memphis, TN 38106

  Investor special in the heart of 38106! Duplex at 1079 & 1081 Talley Place offering two 1BR/1BA units, each featuring a separate entrance, great room, kitchen and private bedroom layout. Property includes wrought iron security doors, chain fenced backyard and individual front entries. Ideal opportunity for buy-and-hold investors, rental portfolio expansion, or value-add renovation project. Strong

  Melissa Blume Thompson eXp Realty

  1081 Talley Place, Memphis, TN 38106
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  /2

  $70,000

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 850 Sq Ft

  1409 Gold Ave, Memphis, TN 38106

  PERFECT FOR AN INVESTOR-TENANT OCCUPIED WITH A 24-HOUR NOTICE TO SHOW; TENANT WITH NEW LEASE PAYING $1,000 A MONTH. PROPERTY HAS BEEN RENOVATED. CAN BE SOLD AS A PACKAGE WITH 1402 GOLD ST, 2394 WARREN ST AND 3552 MOUNTAIN TERRACE.

  Brooke Boone Harris & Harris Realty Group

  1409 Gold Ave, Memphis, TN 38106
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  /2

  $60,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 715 Sq Ft

  2394 Warren St, Memphis, TN 38106

  PERFECT FOR AN INVESTOR-TENANT OCCUPIED WITH A 24-HUR NOTICE TO SHOW; LONG-TERM TENANT PAYING A MONTH, AND THE PROPERTY WAS RENOVATED PRIOR RO TENANT MOVING IN! DO NOT DISTURB TENANT!!! CAN BE SOLD AS A PACKAGE WITH 1402 GOLD AVE, 1409 GOLD AVE AND 3552 MOUNTAIN TERRACE ST.

  Brooke Boone Harris & Harris Realty Group

  2394 Warren St, Memphis, TN 38106
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  /7

  $95,000

  • 2 Beds
  • 1 Bath
  • 732 Sq Ft

  1534 Gabay St, Memphis, TN 38106

  INVESTORS ONLY! Tenant-occupied rental property generating $770/month with a stable long-term tenant that has occupied the property since 2021. Truly turnkey—nothing to do but collect rent. Professionally managed with lease, ledger, and maintenance records available upon request. Seller is also offering 654 Nonconnah and 3399 Beech Grove; properties may be purchased individually or as a package.

  Jeremy Veldman KAIZEN Realty, LLC

  1534 Gabay St, Memphis, TN 38106
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  /2

  $95,000

  $13K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,313 Sq Ft

  1379 Quinn Ave, Memphis, TN 38106

  DPA accepted. This is your opportunity to own your home.

  Andre Pruitt TRG Real Estate Services, LLC

  1379 Quinn Ave, Memphis, TN 38106
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  /11

  $34,900

  $15K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 831 Sq Ft

  1263 Newark Ave, Memphis, TN 38106

  Investment property in South Memphis - ready to be fixed up and rented out! Priced to SELL so you can get in and do your work! Property is available for showings, so get with your agent to show! Market rent should be in the $900 range, possibly more if Sec. 8. Property will be conveyed AS-IS. Seller makes no warranties. Property will not qualify for any conventional loans. NO seller-financing or

  Randall Weatherall Memphis Metro Realty

  1263 Newark Ave, Memphis, TN 38106
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  /2

  $6,900

  • Land
  • 4,791 Sq Ft
  • $62,727 per Acre

  1115 Walk Place, Memphis, TN 38106

  Build small houses or big houses. Its doesn't matter along as you build. Drive by today and make him an offer. Thanks. Acres .11 * 1115 Walk Pl.; land has utilities, water and sewage access

  Christine Abston REMAX Experts

  1115 Walk Place, Memphis, TN 38106
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  /2

  $6,900

  • Land
  • 4,791 Sq Ft
  • $62,727 per Acre

  1103 Walk Place, Memphis, TN 38106

  Build small houses or big houses. Its doesn't matter along as you build. Drive by today and make him an offer. Thanks. Acres .11 * 1103 Walk Pl., land has utilities, water and sewage access

  Christine Abston REMAX Experts

  1103 Walk Place, Memphis, TN 38106
• 

  /2

  $6,900

  • Land
  • 4,791 Sq Ft
  • $62,727 per Acre

  1119 Walk Place, Memphis, TN 38106

  lots, .11 acres* 1119 Walk Pl (026075 00019); Build small houses or big houses. Its doesn't matter along as you build. Drive by today and make him an offer. Thanks. Acres .11 * 1119 Walk Pl (026075 00019); land has utilities, water and sewage access

  Christine Abston REMAX Experts

  1119 Walk Place, Memphis, TN 38106
• 

  /2

  $6,900

  • Land
  • 4,791 Sq Ft
  • $62,727 per Acre

  1107 Walk Place, Memphis, TN 38106

  Build small houses or big houses. Its doesn't matter along as you build. Drive by today and make him an offer. Thanks. Acres .11 * 1107 Walk Pl. ; land has utilities, water and sewage access

  Christine Abston REMAX Experts

  1107 Walk Place, Memphis, TN 38106
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  /2

  $105,000

  • 2 Beds
  • 2 Baths
  • 960 Sq Ft

  1463 Effie Rd, Memphis, TN 38106

  DO NOT DISTURB THE TENANTS!!! Looking to add to your portfolio. This duplex brings in $1200 a month ($600 each side) This 1-bedroom and 1-bath duplex has tenants on both sides. These units were freshly painted about a year ago.

  Sherita McCray Assured Real Estate Services

  1463 Effie Rd, Memphis, TN 38106
• 

  

  /22

  $89,900

  $25K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,256 Sq Ft

  1848 Wynton St, Memphis, TN 38106

  MOVE-IN READY! 3 BEDRROOMS AND 1 BATH UPDATED HOME WITH A NEW 30 YEAR ARCHITECTURAL ROOF ~ LOW MAINTENANCE EXTERIOR SIDING ~DETACHED GARAGE/WORKSHOP ~ NEW WINDOW SHUTTERS ~ GREAT CURB APPEAL ~ LARGE 60X150 LOT~ NEWLY FRESHLY PAINTED INTERIOR~ UPDATED KITCHEN W/ GAS COOKTOP AND UPDATED CERAMIC TILE FLOORING ~ SPACIOUS LAUNDRY AREA ~ LIVING ROOM W/52’ CEILING FAN ~ UPDATED FULL BATH W/ NEW VANITY,

  Jonathan Bunch BEST Real Estate Company

  1848 Wynton St, Memphis, TN 38106
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  /7

  $125,000

  $10K PRICE DROP

  • Land
  • 2.16 Acres
  • $57,870 per Acre

  867 E Alcy Rd, Memphis, TN 38106

  Improved 2.16 acres featuring utilities in place, elevated terrain, and partial clearing, located in a private, quiet rural area just minutes from Graceland and major interstate access—a rare combination of peaceful seclusion and prime connectivity.

  Tina Dugan Keller Williams

  867 E Alcy Rd, Memphis, TN 38106
• 

  /2

  $80,000

  • 3 Beds
  • 1 Bath
  • 1,273 Sq Ft

  1493 E Alcy Rd, Memphis, TN 38106

  Property is situated in an established area with nearby retail, services, and major roadways. Property is being sold as-is. Buyer to verify all information deemed important.

  CeCe Baker BHHS McLemore & Co., Realty

  1493 E Alcy Rd, Memphis, TN 38106
• 

  /2

  $15,000

  $5K PRICE DROP

  • Land
  • 6,098 Sq Ft
  • $107,143 per Acre

  1615 Southern Ave, Memphis, TN 38114

  Nice Lot! Come build your new house!

  Myles Wilson Keller Williams

  1615 Southern Ave, Memphis, TN 38114
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  /7

  $78,000

  $37K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,582 Sq Ft

  1439 Pillow St, Memphis, TN 38106

  Make this your next rental property! Located walking distance to two schools, five minutes from the expressway and ten minutes from Midtown and Downtown! There have been several updates to this property such as new roof in 2022, fresh paint, new plumbing, 5 year old water heater, new front door and security door, new flooring, new kitchen cabinets, new sink , new light fixtures just to name a

  Verna Littleton Fast Track Realty, LLC

  1439 Pillow St, Memphis, TN 38106
• 

  

  /3

  $80,000

  • Land
  • 7,405 Sq Ft
  • $470,588 per Acre

  1200 Cannon St, Memphis, TN 38106

  Build Your Dream Home Here! Fantastic opportunity to own a manageable 0.17-acre lot. Once the parcel is ready for your vision, offering a perfect canvas for a custom single-family residence."

  Javonne Grandison eXp Realty, LLC

  1200 Cannon St, Memphis, TN 38106
• 

  /2

  $15,000

  $5K PRICE INCREASE

  • Land
  • 6,098 Sq Ft
  • $107,143 per Acre

  1579 Southern Ave, Memphis, TN 38114

  Nice lot! Come build your new house!

  Myles Wilson Keller Williams

  1579 Southern Ave, Memphis, TN 38114
• 

  /2

  $15,000

  $5K PRICE INCREASE

  • Land
  • 6,098 Sq Ft
  • $107,143 per Acre

  1585 Southern Ave, Memphis, TN 38114

  Nice Lot! Come build your new house!

  Myles Wilson Keller Williams

  1585 Southern Ave, Memphis, TN 38114

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