Homes for Sale in 38106

• 

  

  /2

  $7,000

  $3K PRICE DROP

  • Land
  • 4,356 Sq Ft
  • $70,000 per Acre

  1201 Wellington St, Memphis, TN 38106

  Mature neighborhood with no HOA requirement. This lot has plenty of potential for your next investment. Don't miss out. Motivated Seller!

  Stephanie Moss BEST Real Estate Company

  1201 Wellington St, Memphis, TN 38106
• 

  

  

  /12

  $95,000

  $12K PRICE INCREASE

  • 3 Beds
  • 1 Bath
  • 912 Sq Ft

  904 N Ball Rd, Memphis, TN 38106

  3-bedroom, 1-bath home that's perfect for a first-time homebuyer or a great addition to your investment portfolio. This move-in-ready property features fresh interior paint, new flooring, a gas stove, and a 1-car garage. Situated on a spacious lot, it offers plenty of room to enjoy both indoors and out.

  Antonio Walton The Home Partners Realty

  904 N Ball Rd, Memphis, TN 38106
• 

  

  /2

  $7,000

  • Land
  • 3,920 Sq Ft
  • $77,778 per Acre

  1391 College St, Memphis, TN 38106

  This area is more than an address—it’s the heartbeat of culture and soul. From the legendary Stax Museum and iconic Beale Street to the inspiring National Civil Rights Museum, every corner hums with history, music, and meaning. Just miles away: Mississippi Boulevard Christian Church + Meharry Medical College launch a $310M Midtown makeover—big growth is coming! Parcel # - 014037 00009

  Karen Walker Epique Realty

  1391 College St, Memphis, TN 38106
• 

  

  /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
• 

  

  /2

  $85,000

  • 3 Beds
  • 1 Bath
  • 916 Sq Ft

  1650 Shadowlawn Blvd, Memphis, TN 38106

  Investor opportunity! This 3-bedroom, 1-bath home offers excellent potential as a rental, flip, or addition to your investment portfolio. Recent improvements include new windows, a new roof, updated plumbing, and new HVAC and water heater units. The interior has been taken down to the studs, with flooring and wall materials removed, providing a blank canvas for your renovation vision. Sheetrock

  Keaia Gray MLE Realty, LLC

  1650 Shadowlawn Blvd, Memphis, TN 38106
• 

  

  /17

  $125,000

  $10K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 1,135 Sq Ft

  790 S Parkway E, Memphis, TN 38106

  Beautifully updated 4 bedroom, 3 bath home featuring new flooring throughout, fresh interior paint, and stylish updates to both the kitchen and bathroom. The bright and inviting floor plan offers comfortable living spaces with modern finishes while maintaining plenty of character. The updated kitchen provides a functional layout with an attractive design, and the renovated bathroom adds a fresh,

  Crystal Mitchell Renshaw Company, REALTORS

  790 S Parkway E, Memphis, TN 38106
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  /2

  $50,000

  • 2 Beds
  • 1 Bath
  • 780 Sq Ft

  1489 Lockhaven Ave, Memphis, TN 38106

  Great investment opportunity in Memphis! This charming 2-bedroom, 1-bathroom traditional home features 780 square feet of potential and sits on a manageable 50x130 lot. Built in 1959, the property includes a spacious driveway/pad, and a yard with mature trees. Conveniently located with quick access to I-240 and local transit. Property is being sold completely as-is, offering a fantastic blank

  Zonnareeka Brown Norman, REALTORS

  1489 Lockhaven Ave, Memphis, TN 38106
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  /2

  $5,000

  • Land
  • 2,178 Sq Ft
  • $100,000 per Acre

  1318 James St, Memphis, TN 38106

  Seller also selling 0 James (Parcel ID: 026028 00025) and 1312 James (Parcel ID: 026028 00024), can buy in bulk or individually. No Creative Or Owner Financed Offers. No Wholesale Or Assignment.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1318 James St, Memphis, TN 38106
• 

  /2

  $7,000

  $3K PRICE DROP

  • Land
  • 1,742 Sq Ft
  • $175,000 per Acre

  443 Simpson Ave, Memphis, TN 38106

  Mature neighborhood with no HOA requirement. This lot has plenty of potential for your next investment. Can be purchased as a package.

  Stephanie Moss BEST Real Estate Company

  443 Simpson Ave, Memphis, TN 38106
• 

  /2

  $120,000

  • 3 Beds
  • 1 Bath
  • 925 Sq Ft

  1511 Mcmillan St, Memphis, TN 38106

  Investor Special! Excellent investment opportunity in Memphis, TN featuring six single-family homes being offered individually or as a portfolio. Properties are being listed separately but may be purchased together as an investment package. 346 Modder Ave – Currently tenant-occupied, providing immediate cash flow. 132 Majuba St – Currently vacant and will require some repairs prior to occupancy,

  Bridget Jordan Epique Realty

  1511 Mcmillan 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
• 

  

  /3

  $37,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,272 Sq Ft

  1250 S Orleans St, Memphis, TN 38106

  Charming 2BR/1BA home in South Memphis, just minutes from Stax and the heart of Soulsville. Built in 1943, this property features hardwood flooring, a separate living room, dining area, and a welcoming front porch. Some rehab has already been completed, offering a head start for investors or homeowners looking to add personal touches. Situated on a 4,356 sq ft lot with 36x131.75 dimensions, this

  Curtis Bleeker KAIZEN Realty, LLC

  1250 S Orleans St, Memphis, TN 38106
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  /10

  $225,000

  • 4 Beds
  • 2,816 Sq Ft

  1086 S Bellevue Blvd, Memphis, TN 38106

  This renovated fourplex offers an immediate income stream with two units currently leased for $600 per month each. An excellent opportunity for investors looking to expand their portfolio in a strong rental market. With two units occupied and two available, there is a clear path to increasing the property's overall cash flow.The potential for significant rental income and the low purchase price

  Andres Zuluaga KAIZEN Realty, LLC

  1086 S Bellevue Blvd, Memphis, TN 38106
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  /2

  $5,000

  $5K PRICE DROP

  • Land
  • 3,920 Sq Ft
  • $55,556 per Acre

  1533 S Orleans St, Memphis, TN 38106

  Builders/Investors get your building plan underway! Buyer to conduct all due diligence, selling AS-IS WHERE-IS. PLEASE contact listing agent for more information on this & other active lots

  Dawn Kinard Welch Realty, LLC

  1533 S Orleans St, Memphis, TN 38106
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  /6

  $26,500

  • 3 Beds
  • 1 Bath
  • 1,032 Sq Ft

  1410 Hemlock St, Memphis, TN 38106

  Awesome Investor opportunity. Don't miss adding this to your portfolio. Being Sold AS-IS NO WHOLESALE, or Creative Financing PROPERTY IS BEING SOLD AS-IS, WHERE IS

  Kevin Brown eXp Realty, LLC

  1410 Hemlock 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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  /2

  $5,000

  • Land
  • 2,178 Sq Ft
  • $100,000 per Acre

  0 James St, Memphis, TN 38106

  Seller also selling 1318 James (Parcel ID: 026028 00021) and 1312 James (Parcel ID: 026028 00024), can buy in bulk or individually. No Creative Or Owner Financed Offers. No Wholesale Or Assignment.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  0 James St, Memphis, TN 38106
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  /8

  $106,000

  • 2 Beds
  • 2 Baths
  • 1,106 Sq Ft

  1869 S Lauderdale St, Memphis, TN 38106

  ATTENTION INVESTORS! BACK ON MARKET! Seller is ready to make a deal. This single family house is rented for $1,060/month to a long-term tenant who just renewed their lease until 6/30/2027. Tenant has occupied the home since 6/22/2022 and is under professional management. Home was totally renovated in April 2022 including- brand new roof, AC condenser, furnace & A-coil and water heater, remodeled

  Jeremy Veldman KAIZEN Realty, LLC

  1869 S Lauderdale St, Memphis, TN 38106
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  /2

  $6,000

  • Land
  • 2,613 Sq Ft
  • $100,000 per Acre

  1511 Patton St, Memphis, TN 38106

  Vacant level lot for sale, utilities available. Seller offering owner finance at $1,000 down and starting at $269 a month. Individually sold but part of package of lots. Buyer responsible for any endorsement fees.

  Virgil Pryor Harris Realty Services

  1511 Patton St, Memphis, TN 38106
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  /9

  $79,900

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 960 Sq Ft

  2601 Darlene St, Memphis, TN 38106

  Lovely 3bed 1bath home with covered parking, durable laminate flooring, central heat and air and a nice floorplan. Home is in good shape, needs some cosmetic repairs, but once fixed up this could be worth substantially more. Roof looks to be in good condition. This could be a great long term rental, or a great long term residence. No Creative Or Owner Financed Offers. No Wholesale Or Assignment.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2601 Darlene St, Memphis, TN 38106
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  /8

  $29,000

  • 2 Beds
  • 1 Bath
  • 1,060 Sq Ft

  1516 Raven Ave, Memphis, TN 38106

  This is a great opportunity for your INVESTORS!!! Home has been cleaned out; needs a full rehab!

  Joye Martin Miller Martin Realty

  1516 Raven Ave, Memphis, TN 38106
• 

  

  /5

  $215,000

  • 4 Beds
  • 2 Baths
  • 1,334 Sq Ft

  1551 Cane Rd, Memphis, TN 38106

  Incredible equity or investment opportunity! This modern, single-story home was built in 2022 and features a beautiful brick veneer exterior. Inside, find an open-concept floor plan combining a separate living room, eat-in kitchen, and laminate wood floors. Boasting 4 bedrooms and 2 full baths (including a private primary suite), it offers 1,334 sq ft of comfortable living space. External

  Amirio Armour Armour and Associates Realty L

  1551 Cane Rd, Memphis, TN 38106
• 

  /2

  $94,000

  $14K 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
• 

  /2

  $5,000

  $6K PRICE DROP

  • Land
  • 8,712 Sq Ft
  • $25,000 per Acre

  664 Lucy Ave, Memphis, TN 38106

  Portfolio List Price: $185,000 Rare opportunity to acquire a portfolio of infill land parcels across established and growing Memphis neighborhoods, ideal for new construction, build-to-rent communities, or long-term investment. Several parcels are clustered, allowing for scalable or phased development strategies in areas experiencing continued revitalization and strong rental demand. Portfolio

  Austin Rowe Onward Real Estate

  664 Lucy Ave, Memphis, TN 38106
• 

  

  /27

  $265,000

  $10K PRICE DROP

  • 8 Beds
  • 2,700 Sq Ft

  1493 Gaither St, Memphis, TN 38106

  Greenland presents a refreshed 4-plex opportunity positioned directly next to a park, offering both lifestyle appeal and strong investment potential. Recently updated with new flooring, fresh paint, and a clean, modernized feel throughout, each unit is move-in ready and primed for increased rents. Prior to renovations, units averaged just under $800/month, leaving clear upside for improved

  Garth Ward eXp Realty, LLC

  1493 Gaither St, Memphis, TN 38106
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  /2

  $80,000

  • 3 Beds
  • 1 Bath
  • 1,113 Sq Ft

  1497 Mississippi Blvd, Memphis, TN 38106

  Add a stable, income-generating property to your portfolio. This 3-bedroom, 1-bath home is currently occupied by a reliable tenant at $825/month. With a lease term running through September 30, 2026, this asset offers immediate, predictable cash flow with zero vacancy downtime.

  Terry White Advantage Property Management

  1497 Mississippi Blvd, Memphis, TN 38106
• 

  

  /21

  $270,000

  New Construction $5K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 1,750 Sq Ft

  1109 Walker Ave, Memphis, TN 38106

  Be the first to own one of 4 newly custom designed homes nestled in a well-established neighborhood in the heart of historic South Memphis. Close to the LeMoyne-Owen College campus & under a mile from the iconic Stax Museum, this home offers a unique opportunity to enjoy modern living in a culturally rich & historic area. This home offers over 1,700 sq ft of thoughtfully designed living space,

  James Harvey Jr Keller Williams

  1109 Walker Ave, Memphis, TN 38106
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  /2

  $130,000

  • 3 Beds
  • 2 Baths
  • 1,217 Sq Ft

  635 E Mallory Ave, Memphis, TN 38106

  Investor Special! Excellent investment opportunity in Memphis, TN featuring six single-family homes being offered individually or as a portfolio. Properties are being listed separately but may be purchased together as an investment package. 346 Modder Ave – Currently tenant-occupied, providing immediate cash flow. 132 Majuba St – Currently vacant and will require some repairs prior to occupancy,

  Bridget Jordan Epique Realty

  635 E Mallory Ave, Memphis, TN 38106
• 

  

  /3

  $7,000

  • Land
  • 20,037 Sq Ft
  • $15,217 per Acre

  0 Kerr Ave Unit 10225669, Memphis, TN 38106

  Vacant land

  Latonya Wilson Keller Williams

  0 Kerr Ave Unit 10225669, Memphis, TN 38106
• 

  /2

  $5,000

  $6K PRICE DROP

  • Land
  • 3,484 Sq Ft
  • $62,500 per Acre

  1317 S Wellington St, Memphis, TN 38106

  Portfolio List Price: $185,000 Rare opportunity to acquire a portfolio of infill land parcels across established and growing Memphis neighborhoods, ideal for new construction, build-to-rent communities, or long-term investment. Several parcels are clustered, allowing for scalable or phased development strategies in areas experiencing continued revitalization and strong rental demand. Portfolio

  Austin Rowe Onward Real Estate

  1317 S Wellington St, Memphis, TN 38106
• 

  /2

  $7,500

  • Land
  • 3,484 Sq Ft
  • $93,750 per Acre

  1297 College St, Memphis, TN 38106

  Investors & Builders ~ Great area for new construction and re-development. Buyer to do any and all due diligence deemed necessary. Selling "AS-IS / WHERE-IS"

  Dawn Kinard Welch Realty, LLC

  1297 College St, Memphis, TN 38106
• 

  

  /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
• 

  

  /18

  $185,000

  • 4 Beds
  • 2 Baths
  • 1,860 Sq Ft

  754 E Trigg Ave, Memphis, TN 38106

  *INVESTOR ALERT* Cash flowing at $1,650/mo with 2/yr lease until 2028! Full rehab completed in 2025. An inviting Midtown gem just minutes from the vibrant Cooper-Young district! This charming 4-bedroom, 2-bath DUPLEX offers 1,800+ square feet of stylish living space, perfect for those seeking comfort and convenience in one of Memphis’s most sought-after neighborhoods. You’ll also find local

  Marcus Boles Epique Realty

  754 E Trigg Ave, Memphis, TN 38106
• 

  

  /3

  $65,999

  $4K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,800+ Sq Ft

  376 S Parkway E, Memphis, TN 38106

  SOLD AS IS

  John Amaefula REMAX Experts

  376 S Parkway E, Memphis, TN 38106
• 

  /2

  $15,000

  • Land
  • 4,791 Sq Ft
  • $136,364 per Acre

  1643 S Carnegie St, Memphis, TN 38106

  Excellent building opportunity; lot in a prime location. Ideal for builders and ready for your new project to begin; Convenient street access; Previously bought in tax sale. buyer responsible for endorsement fee; existing utility access nearby.

  Sherrie Nolen D. C. A. Realty, LLC

  1643 S Carnegie St, Memphis, TN 38106
• 

  

  /18

  $70,000

  • 2 Beds
  • 1 Bath
  • 956 Sq Ft

  1574 Leland St, Memphis, TN 38106

  Investor Opportunity!!! Calling all cash buyers, landlords, and investors! This 2-bedroom, 1-bathroom home offers a great opportunity to add to your portfolio or start investing in the Memphis market. The property needs a little TLC but has strong upside potential and can be rented for $1,200+ per month. Located in a quiet neighborhood with friendly neighbors and just 10 minutes from Downtown

  Arlexus Holmes BHHS Taliesyn Realty

  1574 Leland St, Memphis, TN 38106
• 

  

  /9

  $105,000

  • 3 Beds
  • 2 Baths
  • 1,149 Sq Ft

  761 Marywood St, Memphis, TN 38106

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $950 per month and is on a lease from 11/25/2024 until 11/30/2025. This tenant is currently on a month-to-month lease. A renewal has been sent to the tenant, but they have not signed it yet. There is professional property management in place with Reedy and Company. No wholesale or creative

  Alex Evans Reedy & Company, REALTORS

  761 Marywood St, Memphis, TN 38106
• 

  /2

  $5,000

  $6K PRICE DROP

  • Land
  • 8,712 Sq Ft
  • $25,000 per Acre

  664 Lucy Ave Unit 54, Memphis, TN 38106

  Portfolio List Price: $185,000 Rare opportunity to acquire a portfolio of infill land parcels across established and growing Memphis neighborhoods, ideal for new construction, build-to-rent communities, or long-term investment. Several parcels are clustered, allowing for scalable or phased development strategies in areas experiencing continued revitalization and strong rental demand. Portfolio

  Austin Rowe Onward Real Estate

  664 Lucy Ave Unit 54, Memphis, TN 38106
• 

  

  /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
• 

  /2

  $7,000

  • Land
  • 4,791 Sq Ft
  • $63,636 per Acre

  1420 College St, Memphis, TN 38106

  From family outings to the Stax Museum and walks down iconic Beale Street to meaningful visits at the National Civil Rights Museum, your weekends will be filled with rich experiences that both entertain and inspire. Plus, with schools, parks, and a true neighborhood feel, 38106 offers a vibrant yet comfortable place for your family of three to grow, learn, and thrive. Don't sleep on this! pc#

  Karen Walker Epique Realty

  1420 College St, Memphis, TN 38106

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