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Homes for Sale in 38109

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  • /9

    $114,999

    • 3 Beds
    • 1 Bath
    • 988 Sq Ft

    5142 Fairley Rd, Memphis, TN 38109

    Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $855 per month and is on a lease from 5/14/2025 to 5/13/2027. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

    Alex Evans Reedy & Company, REALTORS

    5142 Fairley Rd, Memphis, TN 38109
  • /34

    $74,900

    • 3 Beds
    • 1 Bath
    • 1,078 Sq Ft

    4391 Shadowline Cove, Memphis, TN 38109

    Charming, cozy, and move-in ready, this 3-bedroom, 1-bath home at 4391 Shadowline Cove in Memphis exudes warmth and character. Sunlight fills the open living spaces, creating an inviting atmosphere throughout. The kitchen offers ample cabinet and counter space with an easy flow into the dining and living areas, making everyday living effortless and enjoyable. The primary bedroom serves as a

    Alexis Martz Trelora Realty

    4391 Shadowline Cove, Memphis, TN 38109
  • /33

    $74,900

    • 3 Beds
    • 1 Bath
    • 854 Sq Ft

    896 Pawnee Ave, Memphis, TN 38109

    Alexis Martz Trelora Realty

    896 Pawnee Ave, Memphis, TN 38109
  • /12

    $39,000

    • 3 Beds
    • 1 Bath
    • 863 Sq Ft

    100 Silverage Ave, Memphis, TN 38109

    This could be a great investment property for someone looking to secure a home or trying to build a rental portfolio. This property has 3 bedrooms and 1 bathroom. This property is not real bad shape. Just need some TLC. is being SOLD AS-IS.

    Francyetta Seward C21 Patterson & Assoc. Real Es

    100 Silverage Ave, Memphis, TN 38109
  • /39

    $129,000

    • 2 Beds
    • 2 Baths
    • 1,278 Sq Ft

    417 Charter Ave, Memphis, TN 38109

    This is a must see. This home has been very cozy well maintained. It was previously a three-bedroom home. However, two of the bedrooms were combined into one very, very large primary bedroom. There is an additional small outbuilding behind this home that can be used as a man cave or she shed. And there's more. A large storage shed in the very back. This neighborhood is nice and quiet, and near

    Darnell McCurdy Crye-Leike, Inc., REALTORS

    417 Charter Ave, Memphis, TN 38109
  • /25

    $109,900

    • 3 Beds
    • 1 Bath
    • 1,180 Sq Ft

    695 Harahan Rd, Memphis, TN 38109

    Welcome Home!!! A charming 3-bedroom, 1-bathroom residence with nearly 1,200 sq ft of living space. Ideal for first-time buyers or investors looking for value. Reach out to schedule your private showing.

    Devarrio Lakes Keller Williams

    695 Harahan Rd, Memphis, TN 38109
  • /11

    $40,000

    • 3 Beds
    • 1 Bath
    • 1,147 Sq Ft

    57 W Frank Ave, Memphis, TN 38109

    Investor special! This property has been completely gutted and is ready for your next renovation project. The hard work of demo is already done — now it’s a blank canvas for your vision. Whether you’re looking to flip, rent, or rebuild, this home offers endless potential. Sold as-is. Bring your tools and creativity to transform this property into your next investment success!

    Jeff Goff Keller Williams

    57 W Frank Ave, Memphis, TN 38109
  • /9

    $149,000

    • 4 Beds
    • 1,512 Sq Ft

    279 W Person Ave, Memphis, TN 38109

    Triplex + Two Extra Lots! Excellent income-producing property located in the heart of Memphis. This opportunity includes the main triplex plus two adjacent lots, offering additional value and long-term potential for development or expansion. Two units are currently rented for a combined $1,490 per month, and the third unit is being marketed for $695, bringing total potential gross rents to $2,185

    Agent Photo

    Walter Jones

    BEST Real Estate Company

    (901) 883-6567

    279 W Person Ave, Memphis, TN 38109
  • /34

    $330,000

    • 3 Beds
    • 2 Baths
    • 1,704 Sq Ft

    1395 ToMcO Cove, Memphis, TN 38109

    This waterfront lake home is a fisherman's paradise. Your buyers will love fishing from their very own dock or going out on their own pontoon boat, which seats 8 people, comes w/a fish finder, radio, bimini top, boat cover, trailer & several life jackets. Seller hates to move but got to move closer to job. In 2022 this house was renovated into a smart house, w/soft close drawers, farmhouse sink,

    Sherrie Anderson Crye-Leike, Inc., REALTORS

    1395 ToMcO Cove, Memphis, TN 38109
  • /2

    $130,000

    • 4 Beds
    • 1.5 Baths
    • 1,160 Sq Ft

    4826 Leonard Rd, Memphis, TN 38109

    PROPERTY BEING SOLD WITH NO INTERIOR ACCESS PRIOR TO CLOSE**DO NOT TRESSPASS OR CONTACT OCCUPANTS**House is being sold AS-IS thru Auction Means~~4 bedroom 1.5 Baths, with Single carport.

    Scott Housewirth Crye-Leike Inc., REALTORS

    4826 Leonard Rd, Memphis, TN 38109
  • /2

    $12,000

    • Land
    • 0.36 Acre
    • $33,333 per Acre

    208 E Biscayne Rd, Memphis, TN 38109

    Great opportunity to build or invest in South Memphis! Level lot in a quiet neighborhood, just minutes from I-55 and downtown. Convenient to schools, parks, and local amenities. Perfect for a new build, rental, or long-term hold.

    Joshua Moss KAIZEN Realty, LLC

    208 E Biscayne Rd, Memphis, TN 38109
  • /2

    $113,680

    • 3 Beds
    • 1.5 Baths
    • 1,634 Sq Ft

    887 Bramblewood Ln, Memphis, TN 38109

    Can be purchased as part of a 7-home portfolio. Great opportunity for investors. Tenant occupied. No showings on Thursdays. Tenant prefers to be present for all showings. 2-hour notice required.

    Shaneathia Armstrong C21 Patterson & Assoc. Real Es

    887 Bramblewood Ln, Memphis, TN 38109
  • /10

    $134,000

    • Land
    • 15 Acres
    • $8,933 per Acre

    3731 Horn Lake Rd, Memphis, TN 38109

    15 ACRES in prime location off of 61 ready to be built on! Zoned Residential so Build your dream home today on this most;y cleared 15 acres!! Investors and builders also a great development opportunity. 24 kVA transformer installed on the property with a utility shed for power supply.

    Ashlyn Clark Keller Williams

    3731 Horn Lake Rd, Memphis, TN 38109
  • /10

    $99,000

    • 3 Beds
    • 1 Bath
    • 1,021 Sq Ft

    493 Tonawanda Cove, Memphis, TN 38109

    This great investor opportunity is located in a quiet cove in the Westwood area. The vacant 3-bedroom, 1-bath home will be sold AS-IS. The unit will need a little TLC to get it into market shape but the detached "double" garage that is over 644 square feet is something to see.

    James Johnson Crestcore Realty, LLC

    493 Tonawanda Cove, Memphis, TN 38109
  • /15

    $85,900

    • 2 Beds
    • 1 Bath
    • 968 Sq Ft

    1349 Longcrest Rd, Memphis, TN 38109

    Cash-Flowing investment opportunity by Coro Lake in Whitehaven. Leased through October 2026! Tenant paying $900/mo. No showings without accepted offer.

    Caleb Parr Renshaw Company, REALTORS

    1349 Longcrest Rd, Memphis, TN 38109
  • /41

    $34,900

    • Land
    • 5.34 Acres
    • $6,536 per Acre

    S Weaver Rd, Memphis, TN 38109

    Build your future on this R-6 zoned (Residential Single-Family) property near Memphis!With public water and sewer available, and electricity at the nearest street, this property is ready for development. No HOA or deed restrictions mean you have the freedom to design your ideal home or investment project. It’s also subdividable, offering excellent potential for growth.Enjoy the

    Luke Harris Country Land Sellers

    S Weaver Rd, Memphis, TN 38109
  • /2

    $172,900 New Construction

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

    589 Gilleas Rd, Memphis, TN 38109

    New construction! 3 Bedrooms, 2 Baths, large lot, central AC/Heat, all electric appliances etc...

    Myles Wilson Keller Williams

    589 Gilleas Rd, Memphis, TN 38109
  • /3

    $9,600

    • Land
    • 0.67 Acre
    • $14,328 per Acre

    999 W Raines Rd, Memphis, TN 38109

    Large vacant lot that is ready for your home plans. You have so many possibilities to make this over 1/2 an acre lot your own!

    Rebecca Edwards Keller Williams

    999 W Raines Rd, Memphis, TN 38109
  • /6

    $12,000

    • Land
    • 0.21 Acre
    • $57,143 per Acre

    0 Clower Rd, Memphis, TN 38109

    Raw Land, wooded, next to residential homes.

    Laszlo Nguyen Heckler eXp Realty, LLC

    0 Clower Rd, Memphis, TN 38109
  • /4

    $10,000

    • 3 Beds
    • 1 Bath
    • 616 Sq Ft

    705 Flynn Rd, Memphis, TN 38109

    Burned down, build your own home or rental property.

    Laszlo Nguyen Heckler eXp Realty, LLC

    705 Flynn Rd, Memphis, TN 38109
  • /11

    $29,400

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

    1587 Florida St, Memphis, TN 38109

    Value add opportunity! Rehab was started but not completed — materials are still on-site and ready for the next investor to pick up where things left off. The home has solid bones and a flexible layout featuring around 6 rooms, offering plenty of creative exit strategies whether you plan to flip, rent, or BRRRR. Has great potential once finished. Seller owns many properties and is open to

    Elliot Cerezo The Home Partners Realty

    1587 Florida St, Memphis, TN 38109
  • /8

    $165,000

    • 3 Beds
    • 2 Baths
    • 1,559 Sq Ft

    4628 Windward Dr, Memphis, TN 38109

    Newly Renovated Property! Great opportunity for an investor or homebuyer! The property is currently unoccupied and readily available for viewing. This property is currently being professionally managed by Reedy and Company. Whether you're an owner-occupant or investor, this opportunity is open to you. No wholesale or creative financing offers.

    Alex Evans Reedy & Company, REALTORS

    4628 Windward Dr, Memphis, TN 38109
  • /3

    $63,500

    • 2 Beds
    • 1 Bath
    • 782 Sq Ft

    3204 Millwood Rd, Memphis, TN 38109

    INVESTORS ONLY! Tenant occupied property being sold as-is. This home has 2 bedrooms and 1 bathroom and is currently being rented at $900 per month. This home could be a great addition to your investment portfolio. Many homes in this area are being rehabbed and sold for more money. Excellent BRRRR opportunity. Long term tenant who wants to stay. No sign in the yard, please do not disturb or

    Tyler Tapley Crye-Leike, Inc., REALTORS

    3204 Millwood Rd, Memphis, TN 38109
  • /9

    $165,000

    • 4 Beds
    • 1 Bath
    • 1,872 Sq Ft

    803 Ledbetter Ave, Memphis, TN 38109

    Fantastic investment opportunity in the Westwood area. This 4br/1 bath single-family home has been recently updated in 2025. Great for an investor or first time homebuyer. Cash flowing with a monthly rental amount of $1495. No wholesaler offers or offers with assignment of contract language will be accepted.TENANT OCCUPIED, PLEASE DO NOT APPROACH OR DISTURB TENANTS

    DonAngela Johnson Crye-Leike, Inc., REALTORS

    803 Ledbetter Ave, Memphis, TN 38109
  • /5

    $25,000

    • 4 Beds
    • 1 Bath
    • 1,233 Sq Ft

    4728 Berta Rd, Memphis, TN 38109

    This frame home has 4 bed 1 bath and offers an investors blank canvas. The home will need to be trashed out and we have a crew that can help. This will be @ buyer expense. The seller is selling the home as is where is. Easy to show. The home is priced to sell and the home won't last long. Must view the interior before seller will accept offer. Buyer must provide proof of funds with all offers.

    Micah Layman Ware Jones, REALTORS

    4728 Berta Rd, Memphis, TN 38109
  • /31

    $169,900

    • 3 Beds
    • 1.5 Baths
    • 1,288 Sq Ft

    4512 Applegate Rd, Memphis, TN 38109

    Price Improvement! Flexible buyer assistance with a competitive offer! Immaculate and Move-In Ready! Beautifully refreshed home showcasing refinished original hardwood floors, a bright open kitchen with new white shaker cabinets, marble look countertops, and modern tile baths with sleek black fixtures. The spacious kitchen is perfect for cooking and entertaining, while the private side yard

    Agent Photo

    Walter Jones

    BEST Real Estate Company

    (901) 657-3722

    4512 Applegate Rd, Memphis, TN 38109
  • /2

    $8,900

    • Land
    • 0.18 Acre
    • $49,444 per Acre

    0 Riverside Dr, Memphis, TN 38109

    Marceline Williams LPT Realty, LLC

    0 Riverside Dr, Memphis, TN 38109
  • /2

    $8,900

    • Land
    • 0.13 Acre
    • $68,462 per Acre

    342 Fields Ave, Memphis, TN 38109

    Marceline Williams LPT Realty, LLC

    342 Fields Ave, Memphis, TN 38109
  • /9

    $99,000

    • 4 Beds
    • 2 Baths
    • 1,330 Sq Ft

    228 Kirk Ave, Memphis, TN 38109

    Beautifully updated duplex offering 2 bedrooms and 1 bathroom each unit across a total of 1,325 sqft. One unit occupied with a section 8 tenant paying $912/mo. The other unit is vacant and ready to be rented out. Each side has been thoughtfully renovated with brand new vinyl flooring, modern tile work, and fully updated bathrooms. Fresh paint inside and out enhances its curb appeal, while new

    Caleb Parr Renshaw Company, REALTORS

    228 Kirk Ave, Memphis, TN 38109
  • /16

    $125,000

    • 3 Beds
    • 2 Baths
    • 1,494 Sq Ft

    54 Bonita Dr, Memphis, TN 38109

    Check out this 3-bedroom, 2-bath home featuring a living room, dining room, and a spacious den/great room. Enjoy wood flooring and carpet in select areas. Perfect for an owner-occupant or a great addition to your investment portfolio!

    Chinna Prude-Anderson C21 Patterson & Assoc. Real Es

    54 Bonita Dr, Memphis, TN 38109
  • /2

    $4,200

    • Land
    • 0.08 Acre
    • $52,500 per Acre

    47 W Gage Ave, Memphis, TN 38109

    Cleared vacant land for sale, ready for development with level terrain and convenient street access. Seller financing options available

    Virgil Pryor Harris Realty Services

    47 W Gage Ave, Memphis, TN 38109
  • /17

    $134,900

    • 3 Beds
    • 1 Bath
    • 1,059 Sq Ft

    190 E Fernwood Ave, Memphis, TN 38109

    This beautiful home has been completely updated from top to bottom! It features a new 30-year architectural roof, fresh paint inside and out, updated lighting, and beautiful commercial-grade, low-maintenance waterproof LVP flooring. The bathroom has been fully renovated with new tile, vanity, tub, mirror, and lighting. The kitchen boasts brand-new cabinets with soft-close drawers, new

    Wei Zhai eXp Realty, LLC

    190 E Fernwood Ave, Memphis, TN 38109
  • /15

    $510,000

    • 5 Beds
    • 4.5 Baths
    • 6,395 Sq Ft

    318 Nicolet Dr, Memphis, TN 38109

    Wow, what a hidden Gem! As a realtor for 21 years. I was amazed with the details of this home combined with the land. Wow, a previous custom built 1 owner home for this price. 3 fireplaces, 2 bonus rooms, one huge over sized closet in the master bedroom, along with a secondary closet, master bedroom suite, each bedroom has either its own bathroom or one attached to it, over 6000 square feet in a

    Joseph Jackson BenchMark REALTORS, LLC

    318 Nicolet Dr, Memphis, TN 38109
  • /9

    $108,000

    • 3 Beds
    • 1 Bath
    • 938 Sq Ft

    247 Modder Ave, Memphis, TN 38109

    GREAT INVESTMENT OPPORTUNITY! This 3 bedroom, 1 bathroom home is rented for $950/month and under professional management. Lease is good until 7/31/2026. Totally renovated in 2023 including new roof, new HVAC, new carpet, cabinets, window fixtures, and much more! Tenant ledger and maintenance report available upon request. Please do not disturb tenant.

    Jeremy Veldman KAIZEN Realty, LLC

    247 Modder Ave, Memphis, TN 38109
  • /11

    $106,500

    • 3 Beds
    • 2 Baths
    • 936 Sq Ft

    160 Silverage Ave, Memphis, TN 38109

    Step into this freshly renovated 3-bedroom, 2-bath home where every detail has been thoughtfully updated. Featuring brand-new cabinets, modern flooring, and a bright, inviting layout, this home is perfect for those looking for style and comfort. With renovated bathrooms and a fresh, neutral color palette throughout, all that’s left is to move in and make it yours. Investor Bonus: Tenants are

    Jonathan Nunez Fast Track Realty, LLC

    160 Silverage Ave, Memphis, TN 38109
  • /2

    $24,900

    • Land
    • 1.64 Acres
    • $15,183 per Acre

    4087 Weaver Rd, Memphis, TN 38109

    Build your dream home on this beautiful 1.64-acre lot! The property offers plenty of space for your custom home, shop, or pool — with room to breathe and enjoy country living just minutes from town. Utilities available at the road and site is ready for construction. Bring your plans and make this your forever homesite!

    Agent Photo

    Paul Perry

    Crye-Leike of MS

    (901) 295-3633

    4087 Weaver Rd, Memphis, TN 38109
  • /8

    $105,000

    • 4 Beds
    • 1 Bath
    • 1,124 Sq Ft

    344 Dixie Rd, Memphis, TN 38109

    LARGE LOT WITH A STORAGE SHED, LARGE PATIO AND FOUR BEDROOMS. PRICED TO SELL. AC WILL BE INSTALLED AT CLOSING.

    Agent Photo

    Stephen Mansour

    KAIZEN Realty, LLC

    (901) 673-2612

    344 Dixie Rd, Memphis, TN 38109
  • /15

    $140,000

    • 3 Beds
    • 1.5 Baths
    • 1,174 Sq Ft

    3492 Neely Rd, Memphis, TN 38109

    Agent Photo

    Jo Mathes

    Pinnacle Realty

    (901) 660-9214

    3492 Neely Rd, Memphis, TN 38109
  • /16

    $199,999

    • 5 Beds
    • 3 Baths
    • 2,600 Sq Ft

    4886 Bilco Ave, Memphis, TN 38109

    Charming split-level home located in the Coro Lake Subdivision of Westwood. This 5 bedroom 3 full bath home offers a functional layout with spacious living areas, the kitchen and living room are open with plenty of natural light. Downstairs you will find a very spacious second living are with double doors that lead out to a nice sized patio, A huge backyard and a large deck that's great for

    Tracy Jackson Ray Keller Williams

    4886 Bilco Ave, Memphis, TN 38109
  • /9

    $118,000

    • 3 Beds
    • 1 Bath
    • 894 Sq Ft

    4233 Glenbrook Dr, Memphis, TN 38109

    INVESTORS ONLY! MULTIPLE PROPERTY PORTFOLIO Seller prefers bulk offers but will look at individual offers. Tenant occupied property available for sale. Professionally managed by Foundation Property Management. Lease and ledger available upon request. Currently rented for $1,040/month through 6/30/2027. No creative or owner financed offers. No wholesalers or assignments. Do not disturb or approach

    James Wachob Foundation Property Management

    4233 Glenbrook Dr, Memphis, TN 38109

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