Homes for Sale in 38109

• 

  

  

  /8

  $89,000

  • 2 Beds
  • 1 Bath
  • 1,076 Sq Ft

  1487 Swift St, Memphis, TN 38109

  Renovated in 2023, this income-producing property is an excellent opportunity for investors seeking a rent-ready asset with professional management already in place. Featuring a functional floor plan with a spacious living room, separate dining area, decorative fireplace, and a dedicated laundry room, this home also offers a covered front porch and a large backyard—appealing features for

  

  Amy Woods

  Crye-Leike, Inc., REALTORS

  1487 Swift St, Memphis, TN 38109
• 

  

  

  /30

  $115,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 908 Sq Ft

  476 Jenson Rd, Memphis, MS 38109

  Investment opportunity in Memphis! This 2-bedroom, 1-bath home offers strong rental potential with estimated rents approaching $800–$1,000/month. Featuring a functional layout, spacious lot, and convenient access to major roads, this property is ideal for investors looking to add to their portfolio or first-time buyers seeking an affordable entry point into homeownership. With demand for rental

  Jay McMiller Bespoke Realty

  476 Jenson Rd, Memphis, MS 38109
• 

  

  

  /34

  $79,900

  $15K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,097 Sq Ft

  4067 Grantham Rd, Memphis, TN 38109

  Constructed in 1953, this 1,097 sqft single-story residence features a brick and vinyl exterior situated on a spacious 0.395-acre corner lot. The interior floor plan includes 3 bedrooms and 2 bathrooms, highlighted by original hardwood flooring throughout the main living areas and bedrooms. The kitchen provides a functional workspace and includes a 6x9 breakfast nook, which leads to a dedicated

  Carl Purifoy Trelora Realty

  4067 Grantham Rd, Memphis, TN 38109
• 

  

  

  /39

  $59,900

  $30K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 952 Sq Ft

  4274 Deerland St, Memphis, TN 38109

  Perfectly positioned for investors or first-time buyers! This 3-bedroom, 1-bath ranch in Chickasaw Village offers effortless single-level living on a spacious level lot. Highlights include a functional eat-in kitchen, a durable slab foundation, and an attached carport with extra storage. Low-maintenance and high-potential

  Thee Gaines Trelora Realty

  4274 Deerland St, Memphis, TN 38109
• 

  

  

  /15

  $114,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,316 Sq Ft

  309 Inwood Dr, Memphis, TN 38109

  Welcome to this well-maintained 3-bedroom, 2 full bathroom home in desirable Whitehaven, offering easy access to I-55 and nearby DeSoto County. Perfectly situated on a corner lot, this home combines convenience, space, and modern updates. Inside, you’ll find a renovated kitchen and bathrooms featuring new cabinets, countertops, and updated vanities. Hardwood floors run through most of the home,

  Ben Strauch Skyline Realty

  309 Inwood Dr, Memphis, TN 38109
• 

  

  /29

  $130,000

  $30K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,198 Sq Ft

  3066 Redbud Rd, Memphis, TN 38109

  Investment opportunity with two separate units and strong rent potential!! Unit 3066 has been updated and is 3 bedrooms and 2 baths, offering increased livable space (Bonus Room) and higher rent capacity. Unit 3068 requires repairs and updates. After renovations, each unit is projected to lease for approximately $1,400–$1,550 per month with Section 8, based on current area rental rates. Property

  Donnie Morrow eXp Realty, LLC

  3066 Redbud Rd, Memphis, TN 38109
• 

  

  /14

  $69,000

  • 3 Beds
  • 2 Baths
  • 1,402 Sq Ft

  386 Mcfarland Dr, Memphis, TN 38109

  HANDYMAN SPECIAL. 3 bedroom, 2 bathroom, 1,400 sq ft house loaded with potential! Fenced-in lot, 1 car garage, spacious interior, fenced-in backyard with storage shed, would make an excellent starter home or long-term rental property! Needs a full renovation. Mold and water intrusion in the back of the home – be aware and wear a respirator when viewing the property. Seller selling as is. Pictures

  Jeremy Veldman KAIZEN Realty, LLC

  386 Mcfarland Dr, Memphis, TN 38109
• 

  

  /10

  $135,000

  $10K PRICE DROP

  • 4 Beds
  • 1 Bath
  • 1,298 Sq Ft

  5133 Stacey Rd, Memphis, TN 38109

  Investor special! Tenant occupied paying $1,150 with lease ending 02/28/2026. This 4-bedroom, 1-bath home is full of potential and ready for your vision. Being sold as-is, this property offers a great opportunity for a fix-and-flip or long-term rental. Spacious layout with solid bones, generous lot size, and strong rental potential.

  Amanda Kirkman KAIZEN Realty, LLC

  5133 Stacey Rd, Memphis, TN 38109
• 

  

  /31

  $79,900

  $20K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,070 Sq Ft

  4094 Double Tree Rd, Memphis, TN 38109

  Welcome to this charming gem in the heart of Memphis! Nestled within a vibrant community, this delightful single-story home seamlessly blends classic charm with modern comforts. Built in 1971, the well-maintained residence offers 1,070 square feet of cozy living space designed for both relaxation and entertaining. Step inside to find an inviting living room bathed in natural light that leads

  Thee Gaines Trelora Realty

  4094 Double Tree Rd, Memphis, TN 38109
• 

  /2

  $89,900

  • 3 Beds
  • 1 Bath
  • 824 Sq Ft

  3524 Ashford Rd, Memphis, TN 38109

  Fantastic investment opportunity in Shelby County. This 3br/1 bath single-family home is in the 38109 area. This investment property is occupied and cash flowing right now. Lease details available upon request. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3524 Ashford Rd, Memphis, TN 38109
• 

  /2

  $109,900

  • 3 Beds
  • 1 Bath
  • 1,100 Sq Ft

  416 Carbon Cove, Memphis, TN 38109

  Low maintenance brick home with newer roof, fenced yard in a cove. Tenant occupied...DO NOT disturb tenant. Under lease until August 2027. Inspections will be scheduled once a contract is in place. No wholesalers/assignments. Professionally managed by Reedy & Company.

  Weesie Percer Keller Williams

  416 Carbon Cove, Memphis, TN 38109
• 

  

  /10

  $159,900

  New Construction $10K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,500 Sq Ft

  382 Carbon Dr, Memphis, TN 38109

  house is currently being rented by section 8 for $1500 montly

  Markey Granberry C21 Patterson & Assoc. Real Es

  382 Carbon Dr, Memphis, TN 38109
• 

  

  /8

  $98,000

  • 3 Beds
  • 1 Bath
  • 938 Sq Ft

  247 Modder Ave, Memphis, TN 38109

  Tenant-occupied 3BR/1BA home generating $950/month with lease secured through 7/31/2026. Fully renovated in 2023, including a new roof, HVAC, carpet, cabinetry, window fixtures, and more. Professionally managed, tenant ledger and maintenance report available upon request. Please do not disturb tenant.

  Jeremy Veldman KAIZEN Realty, LLC

  247 Modder Ave, Memphis, TN 38109
• 

  

  /13

  $127,500

  • 3 Beds
  • 1 Bath
  • 898 Sq Ft

  370 Lillian Dr, Memphis, TN 38109

  Georgia Torrance Torrance Real Estate

  370 Lillian Dr, Memphis, TN 38109
• 

  

  /4

  $10,000

  • Land
  • 11,761 Sq Ft
  • $37,037 per Acre

  380 Outer Pkwy, Memphis, TN 38109

  Great corner lot opportunity for investors, builders, or future homeowners. Zoned for single-family residential. Drive by anytime to view.

  Larry Jackson KAIZEN Realty, LLC

  380 Outer Pkwy, Memphis, TN 38109
• 

  /2

  $45,000

  • Land
  • 1.01 Acres
  • $44,554 per Acre

  5155 Tully Rd, Memphis, TN 38109

  Secluded 1 acre wooded lot! Can be one parcel or go through zoning to create three parcels for new homestead!

  Myles Wilson Keller Williams

  5155 Tully Rd, Memphis, TN 38109
• 

  

  /10

  $103,500

  $14K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 882 Sq Ft

  580 Blackhawk Rd, Memphis, TN 38109

  Special financing and grants available for this great property!!! Wonderful home for sell at a great improved price. Well maintained three bedroom one bathroom home in a great location. This home features NO carpet, large back yard, vinyl and tile flooring throughout, low maintenance brick exterior, modern light fixtures and so much more.This home qualifies for great financing and forgivable

  William Haynes Crye-Leike, Inc., REALTORS

  580 Blackhawk Rd, Memphis, TN 38109
• 

  

  /9

  $75,000

  $5K PRICE DROP

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

  0 W Shelby Dr, Memphis, TN 38109

  Prime opportunity to acquire approximately 3.9 acres of commercially zoned mixed-use land in Southwest Memphis! Located on West Shelby Drive with approximately 270 feet of road frontage, this property offers excellent visibility and accessibility for a variety of development opportunities. Positioned near the intersection of Shelby Drive and Weaver Road and directly across from Dalstrom Park,

  April Davis KAIZEN Realty, LLC

  0 W Shelby Dr, Memphis, TN 38109
• 

  

  /5

  $82,900

  $7K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 960 Sq Ft

  3798 Ford Rd, Memphis, TN 38109

  This property will make a great first rental property or add to your rental portfolio! This property is perfect for DSCR financing! The section 8 tenant has been in the home since the owner purchased it in 2019! The monthly rent is $825 which is in line with the 1% rule that most investors look for. The lease is up 9/26/2026. This home is professionally managed. It is 3 minutes from Levi

  Verna Littleton Fast Track Realty, LLC

  3798 Ford Rd, Memphis, TN 38109
• 

  

  /4

  $12,500

  • Land
  • 20,908 Sq Ft
  • $26,042 per Acre

  3024 Sax Rd, Memphis, TN 38109

  CASH ONLY – Investor/Builder Opportunity! Unlock the potential of 9 residential lots offered as a package for $60,500. This is a rare chance to secure multiple infill parcels across Memphis with strong upside for new construction or long-term investment. Ideal for builders looking to scale quickly or investors seeking affordable entry points with room for appreciation. Properties included: Glen

  Silvana Piadade eXp Realty, LLC

  3024 Sax Rd, Memphis, TN 38109
• 

  

  /5

  $4,500

  • Land
  • 9,583 Sq Ft
  • $20,455 per Acre

  244 W Davant Ave, Memphis, TN 38109

  CASH ONLY – Investor/Builder Opportunity! Unlock the potential of 9 residential lots offered as a package for $60,500. This is a rare chance to secure multiple infill parcels across Memphis with strong upside for new construction or long-term investment. Ideal for builders looking to scale quickly or investors seeking affordable entry points with room for appreciation. Properties included: Glen

  Silvana Piadade eXp Realty, LLC

  244 W Davant Ave, Memphis, TN 38109
• 

  

  /4

  $4,500

  • Land
  • 10,018 Sq Ft
  • $19,565 per Acre

  2129 Yazoo St, Memphis, TN 38106

  CASH ONLY – Investor/Builder Opportunity! Unlock the potential of 9 residential lots offered as a package for $60,500. This is a rare chance to secure multiple infill parcels across Memphis with strong upside for new construction or long-term investment. Ideal for builders looking to scale quickly or investors seeking affordable entry points with room for appreciation. Properties included: Glen

  Silvana Piadade eXp Realty, LLC

  2129 Yazoo St, Memphis, TN 38106
• 

  

  /4

  $4,500

  • Land
  • 4,791 Sq Ft
  • $40,909 per Acre

  136 W Norwood Ave, Memphis, TN 38109

  CASH ONLY – Investor/Builder Opportunity! Unlock the potential of 9 residential lots offered as a package for $60,500. This is a rare chance to secure multiple infill parcels across Memphis with strong upside for new construction or long-term investment. Ideal for builders looking to scale quickly or investors seeking affordable entry points with room for appreciation. Properties included: Glen

  Silvana Piadade eXp Realty, LLC

  136 W Norwood Ave, Memphis, TN 38109
• 

  

  /4

  $4,500

  • Land
  • 4,356 Sq Ft
  • $45,000 per Acre

  0 Person W Unit 10218028, Memphis, TN 38109

  CASH ONLY – Investor/Builder Opportunity! Unlock the potential of 9 residential lots offered as a package for $60,500. This is a rare chance to secure multiple infill parcels across Memphis with strong upside for new construction or long-term investment. Ideal for builders looking to scale quickly or investors seeking affordable entry points with room for appreciation. Properties included: Glen

  Silvana Piadade eXp Realty, LLC

  0 Person W Unit 10218028, Memphis, TN 38109
• 

  

  /8

  $135,000

  • 4 Beds
  • 1 Bath
  • 1,092 Sq Ft

  3198 Millwood Rd, Memphis, TN 38109

  Tenant Occupied. Please Do not disturb Tenant Beautifully renovated home. Brand New Floors and paint. This home has a huge backyard for gatherings and/or entertaining. Spacious home with lots of upgrades.

  Rodney Porter Assured Real Estate Services

  3198 Millwood Rd, Memphis, TN 38109
• 

  /2

  $49,900

  • Land
  • 1.02 Acres
  • $48,922 per Acre

  305 Nicolet Dr, Memphis, TN 38109

  BUILD YOUR DREAM HOME, HERE!!! 305 NICOLET IS AN EXCEPTIONAL 1.02 ACRE LOT NESTLED IN A GATED COMMUNITY. IF PRIVACY, SECURITY, AND A COMMUNITY THAT VALUES THEIR NEIGHBORS, 305 NICOLET IS WHERE YOU WANT TO BUILD!!

  Lori Miller 4 Success Realty, LLC

  305 Nicolet Dr, Memphis, TN 38109
• 

  

  /9

  $111,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,036 Sq Ft

  603 Western Park Dr, Memphis, TN 38109

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $845 per month and is on a lease from 5/1/2025 until 4/30/2026. 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 financing offers. No showings without an accepted offer.

  Alex Evans Reedy & Company, REALTORS

  603 Western Park Dr, Memphis, TN 38109
• 

  

  /6

  $100,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,300 Sq Ft

  287 George St, Memphis, TN 38109

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $995 per month and is on a lease from 10/01/2025 - 09/30/2026. 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

  287 George St, Memphis, TN 38109
• 

  

  /40

  $69,900

  $25K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,040 Sq Ft

  4983 Appleville St, Memphis, TN 38109

  This well-maintained 1,040 sqft residence in the Whitehaven Meadows community features a functional 3-bed, 1-bath interior. Built in 1972, the home is finished with original hardwood flooring throughout the living areas and bedrooms. The kitchen includes durable tile flooring and dedicated washer and dryer hookups for added convenience. The exterior is constructed of a classic brick and vinyl

  Carl Purifoy Trelora Realty

  4983 Appleville St, Memphis, TN 38109
• 

  

  /33

  $74,900

  $25K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,215 Sq Ft

  4378 Hawkeye St, Memphis, TN 38109

  This 1,215-square-foot brick veneer residence in the Westwood Heights subdivision features a practical three-bedroom, 1.5-bathroom layout. Original hardwood flooring runs throughout the interior, including the primary suite which contains a private half-bathroom. Built in 1970, the home sits on a 0.171-acre level lot characterized by a grass lawn and several mature shade trees. The entire

  Thee Gaines Trelora Realty

  4378 Hawkeye St, Memphis, TN 38109
• 

  

  /13

  $122,900

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,005 Sq Ft

  5071 Neely Rd, Memphis, TN 38109

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $995 per month and is on a lease from 08/04/2025 - 08/03/2026. 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

  5071 Neely Rd, Memphis, TN 38109
• 

  

  /3

  $140,000

  • 4 Beds
  • 2 Baths
  • 1,635 Sq Ft

  1170 Shadowline Dr, Memphis, TN 38109

  Great opportunity to add to your investment portfolio. This low-maintenance brick 4 bedroom, 2 bath home is tenant occupied and professionally managed. Current tenant has been in place since February 2018 at $1,250/month with a security deposit of $895. Lease is in place through February 28, 2027. Property is being sold as-is with tenant in place. Showings will be scheduled after an accepted

  Camela Henke Enterprise, REALTORS

  1170 Shadowline Dr, Memphis, TN 38109
• 

  

  /15

  $49,500

  $16K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 840 Sq Ft

  3044 Green Rd, Memphis, TN 38109

  ***PRICE IMPROVEMENT*** Great opportunity available. This property has been rehabbed in the past few years and with a little TLC could make a great home or investment property. This property has newer fixture, flooring, windows and more. Property needs clean up and cosmetics. Located just minutes from Downtown, this home offers easy access to local amenities. Online video available upon request.

  William Haynes Crye-Leike, Inc., REALTORS

  3044 Green Rd, Memphis, TN 38109
• 

  

  /20

  $101,000

  • 3 Beds
  • 1 Bath
  • 1,036 Sq Ft

  1088 Western Park Dr, Memphis, TN 38109

  Nice upscale family home.

  Shirley Kay Harris Crye-Leike, Inc., REALTORS

  1088 Western Park Dr, Memphis, TN 38109
• 

  

  /7

  $118,000

  $7K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,126 Sq Ft

  3447 Cook Rd, Memphis, TN 38109

  Price reduction! Fully renovated home in South Memphis near Downtown and the Airport. Ideal for an investor looking to add a cash-flowing, low-maintenance investment property to their portfolio. Call the listing agent for more information.

  Bradley Puckett CB Properties of Memphis, LLC

  3447 Cook Rd, Memphis, TN 38109
• 

  

  /12

  $100,000

  • 4 Beds
  • 1.5 Baths
  • 1,138 Sq Ft

  1001 Canary Ln, Memphis, TN 38109

  Forget the "fixer-upper" nightmares—this is a Fresh Start. Once a disaster zone, this property has been stripped of the junk and prepped for a total transformation. We’ve cleared the canvas so you can paint the profit. The Heavy Lifting is Done: New Roof & Eaves: Recently replaced to seal the envelope and protect your investment. Clean Slate: All broken appliances, rotted cabinets, and old

  

  Jason Miller

  eXp Realty, LLC

  1001 Canary Ln, Memphis, TN 38109
• 

  

  /15

  $92,500

  $22K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,180 Sq Ft

  4597 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

  4597 Windward Dr, Memphis, TN 38109
• 

  

  /7

  $114,000

  $55K PRICE DROP

  • Land
  • 7.1 Acres
  • $16,056 per Acre

  0 S Third Unit 8, Memphis, TN 38109

  Located along iconic S Third St/US-61, also known as historic Blues Highway, this 7.1-acre tract presents a rare opportunity to secure a highly visible, well-positioned piece of land in one of Memphis’s most recognizable corridors. With approximately 353 feet of frontage along S Third St and about 1,137 feet of frontage on Westview Rd, the property offers outstanding access, strong street

  Elijah King Coldwell Banker Commercial Kinard Realty

  0 S Third Unit 8, Memphis, TN 38109
• 

  

  /14

  $115,000

  $15K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,495 Sq Ft

  3499 Rochester Rd, Memphis, TN 38109

  Turn-key opportunity for a homeowner or investor! This well-maintained home features new carpet and fresh interior paint, making it move-in ready. Major updates in 2018 include the roof, HVAC (AC/Furnace), and A-coil replaced. The home offers 3 bedrooms and 2 full baths, along with a spacious great room that provides plenty of room for relaxing or entertaining. Ample living space makes it perfect

  Catherine Horton Crye-Leike, Inc., REALTORS

  3499 Rochester Rd, Memphis, TN 38109
• 

  /2

  $250,000

  $149K PRICE DROP

  • Land
  • 52.56 Acres
  • $4,756 per Acre

  0 E Holmes Rd Unit 10216573, Memphis, TN 38109

  Amazing opportunity where Memphis meets Southaven over 52 prime acres available for you to make an amazing neighborhood or home site! This sale includes two parcels 094400 00118 and 094400 00117

  Channing Shaw Emmett Baird Realty, LLC

  0 E Holmes Rd Unit 10216573, Memphis, TN 38109

Showing Results 161 - 200, Page 5 of 7