Homes for Sale in 38109

• 

  

  

  /10

  $129,900

  • 3 Beds
  • 1.5 Baths
  • 1,142 Sq Ft

  4848 Neely Rd, Memphis, TN 38109

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $1,275 per month and is on a lease from 12/01/2020 - 06/30/2027. 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

  4848 Neely Rd, Memphis, TN 38109
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• 

  

  

  /18

  $89,900

  • 3 Beds
  • 1 Bath
  • 934 Sq Ft

  4243 Brookway St, Memphis, TN 38109

  Charming 3-bedroom, 1-bath single-family home offering approximately 910 sq. ft. of living space on a spacious lot. This well-maintained residence features a functional floor plan with a bright living area, comfortable bedrooms, and ample outdoor space for entertaining, gardening, or future improvements. Covered parking adds convenience, while the large backyard provides endless possibilities.

  LaQuita Jordan Trelora Realty

  4243 Brookway St, Memphis, TN 38109
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  /7

  $84,900

  $8K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,004 Sq Ft

  950 Norfleet Ave, Memphis, TN 38109

  INVESTERS ONLY!!! Tenant occupied 3bed 2 bath home currently rented for $1035/mo. Home is professionally managed by Reedy. This could be a great addition to your portfolio. Roof was replaced in 2023. No sign in the yard. Please do not disturb or approach the tenant. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. No Creative Or Owner Financed Offers. No Wholesale Or Assignment.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  950 Norfleet Ave, Memphis, TN 38109
• 

  

  

  /32

  $89,900

  • 3 Beds
  • 1 Bath
  • 960 Sq Ft

  4928 Manson Rd, Memphis, TN 38109

  This low-maintenance 3-bedroom, 1-bathroom conventional frame home features 960 square feet of highly functional interior living space optimized for straightforward upkeep. The floor plan includes durable hardwood flooring, dedicated utility hookups, and integrated forced-air climate systems. The exterior profile presents a massive 0.39-acre lot with extensive rear yard depth, delivering

  Carl Purifoy Trelora Realty

  4928 Manson Rd, Memphis, TN 38109
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  /31

  $89,900

  $10K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,032 Sq Ft

  3608 Cane Ridge Dr, Memphis, TN 38109

  Cozy 3-bedroom, 1.5-bathroom single-family home located in the desirable Southland Hills subdivision. This traditional 1,032 sq. ft. residence features a blend of wood laminate and tile flooring, a spacious dine-in kitchen, and an updated bathroom. Exterior highlights include durable brick veneer and aluminum/steel siding, a chain-fenced yard, and a convenient 1-car front-load garage with an

  Thee Gaines Trelora Realty

  3608 Cane Ridge Dr, Memphis, TN 38109
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  /2

  $38,900

  $1K PRICE DROP

  • Land
  • 2.43 Acres
  • $16,008 per Acre

  0 E Holmes Rd Unit 10222370, Memphis, TN 38109

  Terrance Hill eXp Realty, LLC

  0 E Holmes Rd Unit 10222370, 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
• 

  

  /28

  $109,999

  • 3 Beds
  • 1 Bath
  • 1,053 Sq Ft

  856 White Clover Ln, Memphis, TN 38109

  Don't miss this inviting 1-story home featuring 3 bedrooms, 1 bathroom, and a 1-car attached carport. The functional floor plan offers comfortable living spaces with plenty of potential to make it your own. The bright living area provides a welcoming space for relaxing or entertaining, while the kitchen offers ample cabinet and counter space for everyday convenience. The generously sized bedrooms

  Vicki Testerman Mainstay Brokerage, LLC

  856 White Clover Ln, Memphis, TN 38109
• 

  

  /15

  $89,900

  • 3 Beds
  • 1 Bath
  • 1,196 Sq Ft

  2 E Paxton Ln, Memphis, TN 38109

  Well-maintained 3-bedroom, 1-bath single-story home offering approximately 1,196 square feet of functional living space. This inviting residence features a bright and spacious living room, an eat-in kitchen with abundant cabinetry and generous workspace, and a practical floor plan that maximizes comfort and efficiency. Outside, the generous lot provides a large backyard with plenty of space for

  Carl Purifoy Trelora Realty

  2 E Paxton Ln, Memphis, TN 38109
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  /10

  $47,900

  $4K PRICE DROP

  • Land
  • 3.31 Acres
  • $14,471 per Acre

  1163 W Raines Rd, Memphis, TN 38109

  Prime Development Opportunity | 3.31 Acres *Boundaries- For illustrative purposes only. Drawn boundaries are approximate Rare opportunity to secure 3.31 acres with direct access to Main Street, making it an excellent candidate for residential development or a custom private estate. With approximate lot dimensions of 300 x 400, this parcel offers ample space and flexibility for a variety of future

  Terrance Hill eXp Realty, LLC

  1163 W Raines Rd, Memphis, TN 38109
• 

  /2

  $90,000

  $20K PRICE DROP

  • Land
  • 11.53 Acres
  • $7,806 per Acre

  4487 Weaver Rd S, Memphis, TN 38109

  EXCELLENT FOR NEW HOME CONSTRUCTION........GREAT FRONTAGE ON WEAVER ROAD......(2) PARCELS ALMOST 12 ACRES.... .25 ACRES ALREADY CLEARED AND READY FOR BUILDING.

  Georgia Torrance Torrance Real Estate

  4487 Weaver Rd S, Memphis, TN 38109
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  /31

  $79,900

  $20K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 976 Sq Ft

  624 Mohawk Ave, Memphis, TN 38109

  Move-in ready 3BR/1BA gem in Chickasaw Village! Featuring fresh paint, updated kitchen and bath, and classic hardwood floors. This efficient layout offers a low-maintenance crawl space foundation and central HVAC. Perfectly situated near T.O. Fuller State Park—ideal for first-time buyers or investors seeking a turnkey rental.

  Thee Gaines Trelora Realty

  624 Mohawk Ave, Memphis, TN 38109
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  /25

  $187,500

  $18K PRICE DROP

  • 5 Beds
  • 2 Baths
  • 2,073 Sq Ft

  5054 Gull Rd, Memphis, TN 38109

  Charming home nestled in a peaceful, well-established community—perfect for the savvy homebuyer! This beautiful gem features an open floor plan and stunning flooring throughout the living areas. With 5 spacious bedrooms, it offers plenty of space for family and guests. Residents enjoy exclusive access to Cora Lake, a private community lake dedicated solely to homeowners in the subdivision, where

  Lakesha Lilly Leatherwood The Home Partners Realty

  5054 Gull Rd, Memphis, TN 38109
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  /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
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  /11

  $125,000

  • 3 Beds
  • 1 Bath
  • 808 Sq Ft

  3567 Daggett Rd, Memphis, TN 38109

  Looking for an affordable home or your next investment opportunity? This 3-bedroom, 1-bath home offers several recent updates, including fresh interior paint, a new roof (2023), water heater (2023), and new attic insulation for improved energy efficiency. Previously rented for $1,350 per month, this property has a proven rental history and strong income potential. The seller will install a new

  Lisa Hendrickson Groome & Co.

  3567 Daggett Rd, Memphis, TN 38109
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  /13

  $118,500

  • 3 Beds
  • 1 Bath
  • 1,147 Sq Ft

  223 Charter Ave, Memphis, TN 38109

  Investor's Dream! Don't miss this newly renovated (2023) income producing property featuring 3 bedrooms and 1 bathroom. Currently tenant occupied at $1,000 per month, with the lease in place through November 30, 2026, providing immediate cash flow for investors. Conveniently located within walking distance of public transportation, grocery stores, and nearby schools, including Geeter K-8 School

  Raven Henderson KAIZEN Realty, LLC

  223 Charter Ave, Memphis, TN 38109
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  /2

  $127,900

  • 3 Beds
  • 1 Bath
  • 1,058 Sq Ft

  79 E Shelby Dr, Memphis, TN 38109

  This home was renovated 3 years ago. This is perfect for a first time home buyer, or investor, looking to make good rental income. Tenant just moved out. Will be ready to show starting 04/21/2025.

  Joye Martin Miller Martin Realty

  79 E Shelby Dr, Memphis, TN 38109
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  /15

  $75,000

  $18K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 744 Sq Ft

  4753 Berta Rd, Memphis, TN 38109

  If you’re looking to grow your real estate portfolio, this freshly painted, recently updated two-bedroom, one-bath home might be just what you need. It features a roomy backyard with plenty of space to expand and is also a great choice for an owner-occupant.

  Sharon Turner Lawrence Johnson, REALTORS

  4753 Berta Rd, Memphis, TN 38109
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  /2

  $84,900

  $10K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,256 Sq Ft

  4413 Bluebell St, Memphis, TN 38109

  Currently leased at$1,050/month on a month to month term. Investor-ready opportunity in a consistent Memphis rental market. This well-maintained home features a functional layout with comfortable living spaces, durable finishes, and good natural light throughout. Recent updates enhance efficiency and help reduce ongoing maintenance. The kitchen offers ample cabinetry and practical flow, while the

  James Wachob Foundation Property Management

  4413 Bluebell St, Memphis, TN 38109
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  /10

  $123,199

  $7K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 868 Sq Ft

  185 Vernelle Ave, Memphis, TN 38109

  Improved Pricing: Turnkey ready. Tenant occupied paying $1225. This fully renovated home delivers modern comfort and standout value from the moment you arrive. Inside, you’ll find an updated kitchen with fresh finishes, a remodeled bathroom, and brand-new LVP flooring that ties the space together with a clean, contemporary feel. The entire home (interior and exterior) has been painted, giving it

  Victoria Brown 4 Success Realty, LLC

  185 Vernelle Ave, Memphis, TN 38109
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  /12

  $125,000

  • 4 Beds
  • 2 Baths
  • 1,209 Sq Ft

  1167 Fiber Rd, Memphis, TN 38109

  Excellent investment opportunity featuring 4 bedrooms, 2 bathrooms, and approximately 1,209 sq ft of living space. This property offers strong rental potential with estimated monthly income ranging from $1,150–$1,275. A great option for investors looking to add cash-flow potential to their portfolio. Spacious layout, solid income opportunity, and long-term investment value make this property one

  James Johnson Crestcore Realty, LLC

  1167 Fiber Rd, Memphis, TN 38109
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  /2

  $30,500

  $42K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 992 Sq Ft

  1483 Swift St, Memphis, TN 38109

  BACK ON MARKET: 2 bedrooms brick home. Owner wants to retire. Selling As IS. Bring reasonable offers please. Drive by and make an offer contingent upon a satisfactory showing or inspection. Need a little TLC

  Christine Abston REMAX Experts

  1483 Swift St, Memphis, TN 38109
• 

  

  /14

  $76,500

  • 2 Beds
  • 2 Baths
  • 1,232 Sq Ft

  1748 Kansas St, Memphis, TN 38109

  Terrific opportunity to own this duplex and the one next to it! Each side is 1 bedroom & 1 bathroom plus a den area (total of 2 bedrooms and 2bathrooms per duplex) plus seller is selling the duplex next door as well (1744-1746 Kansas). You can buy all four doors/dwellings for an outstanding price. Solid brick construction which means low maintenance exterior. Cash offers only. Estimated market

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1748 Kansas St, Memphis, TN 38109
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  /17

  $39,900

  • 4 Beds
  • 1 Bath
  • 1,008 Sq Ft

  243 1st Ave, Memphis, TN 38109

  Property has lots of upside potential for investment either for rental or rehab & sell. Property is sold "as is" for cash. No financing offers will be accepted. No wholesalers, assignments or blind offers. Property is vacant and easy to show. Contact Broker Bay or listing agent for access information. Property has central heat, hardwood floors & walk-out basement.

  Lowell Brister Leco Realty, Inc.

  243 1st Ave, Memphis, TN 38109
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  /32

  $84,900

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,025 Sq Ft

  645 Parkrose Rd, Memphis, TN 38109

  Charming single-story home featuring 3 bedrooms and 1 full bath in an established Memphis neighborhood. This property offers a functional layout with an eat-in kitchen, spacious living area, attached carport, and a level lot with driveway parking. This property is being sold AS-IS.

  Carl Purifoy Trelora Realty

  645 Parkrose Rd, Memphis, TN 38109
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  /8

  $95,000

  $25K PRICE DROP

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

  4826 Leonard Rd, Memphis, TN 38109

  4 bedroom 1.5 Bath Home~~with No Maintenance exterior and Single carport~~ Central HVAC~~Luxury Vinyl Thru-out~~Being sold thru Auction Means only~~ 5% Buyer premium charged to buyer at closing.

  Scott Housewirth Crye-Leike Inc., REALTORS

  4826 Leonard Rd, Memphis, TN 38109
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  /2

  $17,500

  $3K PRICE DROP

  • Land
  • 9,583 Sq Ft
  • $79,545 per Acre

  1040 Fields Rd, Memphis, TN 38109

  Builders / Investors get your building plans ready! Lot sold "AS IS / WHERE IS." Buyer to conduct due diligence. Please submit Approval / Proof of Funds with offer. NO WHOLESALE OFFER OR TRANSFER OF CONTRACT. **Forbid showing and negotiation with seller.** Adjacent lot 1036 Fields Rd is for sale.

  Wonda McGowan McGowan Homes & R/E Services

  1040 Fields Rd, Memphis, TN 38109
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  /10

  $40,000

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,600+ Sq Ft

  3043 Sax Rd, Memphis, TN 38109

  Investor Special – Motivated Seller! This property sits on a large lot and is being sold AS-IS. It’s a full rehab opportunity for the right buyer with vision! Whether you’re looking for your next flip, rental project, or a chance to build equity from the ground up, this home is priced to move. Seller did replace the roof

  Tanika Bland BEST Real Estate Company

  3043 Sax Rd, Memphis, TN 38109
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  /3

  $95,000

  • 3 Beds
  • 1 Bath
  • 1,115 Sq Ft

  4612 Newton Dr, Memphis, TN 38109

  INVESTORS ONLY!!! Lovely 3bed 1bath Brick home currently rented for $895/mo with covered parking. This could be a great addition to your portfolio. Professionally managed. No sign in yard, please do not disturb tenants. Lease and Ledger available upon request. ONLINE VIDEO AVAILABLE UPON REQUEST. No creative or owner financed offers. No wholesale or assignment.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4612 Newton Dr, Memphis, TN 38109
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  /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
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  /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
• 

  /2

  $27,500

  • Land
  • 3,049 Sq Ft
  • $392,857 per Acre

  0 Rayburn St, Memphis, TN 38106

  SOLD AS A PACKAGE DEAL! Attention investors, builders, and developers! Don't miss this unique opportunity to acquire 17 parcels of land being offered as one package. Whether you're looking to expand your investment portfolio, develop multiple homesites, or secure land for future growth, this package offers incredible potential. Included Parcels: 813 Coahoma 964 Wellington 951 Driver 650 Jeanette

  Chinna Prude C21 Patterson & Assoc. Real Es

  0 Rayburn St, Memphis, TN 38106
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  /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
• 

  /2

  $90,000

  $20K PRICE DROP

  • Land
  • 10,890 Sq Ft
  • $360,000 per Acre

  4539 Weaver Rd SW, Memphis, TN 38109

  TWO (2) PARCELS....OVER 12 ACRES..... GREAT LOCATION FOR BUILDING NEW AFFORDAABLE HOUSING IN SOUTHWEST SHELBY COUNTYT..... EXCELLENT FRONTAGE!!! PRICE REDUCED!!!

  Georgia Torrance Torrance Real Estate

  4539 Weaver Rd SW, Memphis, TN 38109
• 

  

  /3

  $120,000

  • 4 Beds
  • 1.5 Baths
  • 1,234 Sq Ft

  599 Blackhawk Rd, Memphis, TN 38109

  INVESTERS ONLY. Tenant occupied 4 bed 1.5 bath home. Rent is $1177/mo. Professionally managed. This is a great investment property to add to any portfolio. Lease and ledger available upon request. No Creative or Owner Financed Offers. No Wholesale or Assignment. No sign in the yard. Please do not disturb or approach the tenant. Seller also selling 4973 Longtree, 4395 Ann Arbor, and 80 E. Bodley

  Tyler Tapley Crye-Leike, Inc., REALTORS

  599 Blackhawk Rd, Memphis, TN 38109
• 

  

  /6

  $129,900

  • 3 Beds
  • 1 Bath
  • 965 Sq Ft

  646 Leacrest Ave, Memphis, TN 38109

  You wouldn't be looking at this if you weren't searching for a new home—and congratulations, you may have just found it. Welcome to this refreshed 3-bedroom, 1-bath home in Chickasaw Village, offering the perfect blend of comfort, value, and opportunity. Whether you're a first-time homebuyer or an expanding family looking for more space, this move-in ready home is ready for its next chapter.

  Laszlo Nguyen Heckler eXp Realty, LLC

  646 Leacrest Ave, Memphis, TN 38109
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  /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
• 

  

  /14

  $154,900

  • 3 Beds
  • 2 Baths
  • 1,327 Sq Ft

  4995 Stacey Rd, Memphis, TN 38109

  This property is leased at $1,225 per month through 04/27/2028. Fully renovated 3BR property built for long-term performance and low maintenance. Major upgrades include a new 30-year architectural roof, brand-new 3-ton HVAC system, and new LVP/tile flooring throughout. Kitchen has been completely updated with new cabinets, countertops, sink, and fixtures, while both bathrooms feature new

  James Wachob Foundation Property Management

  4995 Stacey Rd, Memphis, TN 38109
• 

  

  /31

  $157,900

  New Construction

  • 3 Beds
  • 2 Baths
  • 1,292 Sq Ft

  4231 Wanatah St, Memphis, TN 38109

  This is the second in a series of six coming to the market this year. Features 3 bedrooms, 2 baths, laminate flooring, tile bathrooms, ceiling fans, Central HVAC, recessed lighting, and neutral colors on the interior. Show and Sell today. Underwritten Commitment Letter and $1000 EM to be provided with all offers.

  Daryl Lewis Infinity Group REALTORS, Inc.

  4231 Wanatah St, 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

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