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Homes for Sale in 38109

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  • /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
  • /37

    $24,300

    $5K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 858 Sq Ft

    5085 Clinton Rd, Memphis, TN 38109

    2 bed / 1 bath rental property with strong upside potential. Property is tenant-occupied on a month-to-month lease (currently paying $500/month) and would likely stay if the buyer chooses. Full rehab needed – ideal for experienced investors looking for their next project. Great opportunity to add value and maximize returns.

    Henry Pineda Fast Track Realty, LLC

    5085 Clinton Rd, Memphis, TN 38109
  • /2

    $5,000

    $7K PRICE DROP
    • Land
    • 16,117 Sq Ft
    • $13,514 per Acre

    41 E Brooks Rd, Memphis, TN 38109

    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

    41 E Brooks Rd, Memphis, TN 38109
  • /5

    $295,000

    • 4 Beds
    • 2.5 Baths
    • 2,481 Sq Ft

    5270 Solitaire Way, Memphis, TN 38109

    Beautiful home in Diamond Estate Subdivision. Quiet relaxing area. Subdivision has walking trail, pond, and available club house with a gym and other amenities. You don't want to miss out.

    Donita Ingram-Brim Doorstep Realty

    5270 Solitaire Way, 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
  • /2

    $90,000

    $5K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 718 Sq Ft

    346 Modder Ave, Memphis, TN 38109

    Excellent investment opportunity in Memphis, TN featuring three 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, offering

    Bridget Jordan Epique Realty

    346 Modder Ave, Memphis, TN 38109
  • /7

    $140,000

    $29K PRICE DROP
    • Land
    • 7.1 Acres
    • $19,718 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
  • /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
  • /3

    $9,600

    • Land
    • 29,185 Sq Ft
    • $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
  • /30

    $74,900

    $25K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 988 Sq Ft

    4212 Falcon Dr, Memphis, TN 38109

    Welcome home! This well-maintained 3-bedroom, 1-bath single-family home offers comfortable living and a generously sized backyard—perfect for outdoor gatherings, pets, or simply relaxing. Schedule a showing today.

    Alexis Martz Trelora Realty

    4212 Falcon Dr, Memphis, TN 38109
  • /2

    $275,000

    $124K PRICE DROP
    • Land
    • 52.56 Acres
    • $5,232 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
  • /14

    $285,000

    $25K PRICE DROP
    • Land
    • 3.46 Acres
    • $82,370 per Acre

    4777 Horn Lake Rd, Memphis, TN 38109

    Attention investors and developers! This exceptional 3.46-acre commercial property offers endless possibilities. Zoned CMU-1, the site allows for a variety of commercial, retail, office, and residential developments, making it a lucrative investment opportunity.Whether you’re looking to redevelop, expand, or build from the ground up, this property provides the flexibility needed to maximize its

    Jonathan Nunez Fast Track Realty, LLC

    4777 Horn Lake Rd, Memphis, TN 38109
  • /8

    $130,000

    • 3 Beds
    • 1 Bath
    • 1,100 Sq Ft

    3678 Glenburee Cove, Memphis, TN 38109

    Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $1118 per month and is on a lease from 4/1/2024 until 3/31/2027. 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

    3678 Glenburee Cove, 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
  • /36

    $119,900

    $5K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 2,666 Sq Ft

    61 E Fernwood Ave, Memphis, TN 38109

    Discover the enduring appeal of this 1940s-built 1.5-story residence, a 2 bed (with bonus rm!) 2 ba home that stands as a testament to quality craftsmanship and thoughtful design. Spanning a versatile layout on a level lot framed by mature perimeter trees, this well maintained property boasts gorgeous original hardwood flooring throughout the main level, creating a warm and timeless aesthetic.

    Christopher Stjernholm Trelora Realty

    61 E Fernwood Ave, Memphis, TN 38109
  • /25

    $205,000

    • 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
  • /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
  • /15

    $88,500

    $4K 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
  • /37

    $15,900

    $6K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 744 Sq Ft

    337 W Person Ave, Memphis, TN 38109

    2-bedroom, 1-bathroom single-family home offers a prime opportunity for investors looking to add value. Built in 1913, this property sits on a 3,180 sq ft lot and features 744 sq ft of living space. The home is in heavy repair condition and will require a full rehab. There are items currently on the property that the seller would prefer to leave behind, offering flexibility for the next owner’s

    Henry Pineda Fast Track Realty, LLC

    337 W Person Ave, Memphis, TN 38109
  • /2

    $90,000

    $5K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,256 Sq Ft

    4413 Bluebell St, Memphis, TN 38109

    Welcome to 4413 Bluebell Street! This 3-bedroom, 1.5-bath home offers spacious, well-lit rooms with neutral paint tones throughout. The living room features ample natural light and a ceiling fan for added comfort. The kitchen includes white cabinetry and plenty of counter space, flowing into the adjacent dining area. Bathrooms have practical fixtures and a convenient half bath. Flooring combines

    James Wachob Foundation Property Management

    4413 Bluebell St, Memphis, TN 38109
  • /10

    $124,499

    $6K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 868 Sq Ft

    185 Vernelle Ave, Memphis, TN 38109

    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 a crisp, like-new look throughout. Outside, the upgrades

    Victoria Brown 4 Success Realty, LLC

    185 Vernelle Ave, Memphis, TN 38109
  • /2

    $60,000

    $12K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 992 Sq Ft

    1483 Swift St, Memphis, TN 38109

    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
  • /13

    $120,000

    • 4 Beds
    • 2 Baths
    • 1,260 Sq Ft

    560 W Peebles Rd, Memphis, TN 38109

    Really nice 4bed 2bath home. Home has brand new kitchen (new kitchen counter tops, new sink, new tile, new cabinets) Tons of space for buyers. Brick and stone exterior with a nice front porch. Another awesome bonus---This home qualifies for special 100% financing for owner occupant buyers! FHA/VA/ Conventional offers welcome! Seller also selling 2229 Zanone, 2442 Manchester, and 2701 Frayser, and

    Tyler Tapley Crye-Leike, Inc., REALTORS

    560 W Peebles Rd, Memphis, TN 38109
  • /10

    $45,000

    • 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
  • /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
  • /13

    $65,900

    $14K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 648 Sq Ft

    2105 Farrington St, Memphis, TN 38109

    Michelle Batts KAIZEN Realty, LLC

    2105 Farrington St, Memphis, TN 38109
  • /5

    $67,000

    $13K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 674 Sq Ft

    2059 Rile St, Memphis, TN 38109

    Owner/Agent – Investor Special! Turnkey rental tenant occupied paying $997/month and is month to month. This beautifully renovated 2-bedroom home features brand new vinyl flooring, updated lighting, central air & heating system, a new water heater, and a fenced-in yard. A solid investment opportunity with guaranteed income from day one! Showings with an accepted offer. Seller will not consider

    Victoria Brown 4 Success Realty, LLC

    2059 Rile St, Memphis, TN 38109
  • /29

    $160,000

    • 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
  • /14

    $154,900

    • 3 Beds
    • 1 Bath
    • 1,327 Sq Ft

    4995 Stacey Rd, Memphis, TN 38109

    ATTENTION INVESTORS!! Turnkey, income-producing asset with tenant in place. Currently leased at $1,225/month through 4/27/2028, with projected rent of $1,295/month, delivering $1,295/month in cash flow and a 4.34% cash-on-cash return. Major improvements include a new 30-year architectural roof, new 3-ton HVAC system, new 30-gallon water heater, and a fully renovated kitchen with new cabinets,

    James Wachob Foundation Property Management

    4995 Stacey Rd, Memphis, TN 38109
  • /6

    $164,700

    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... Construction will be completed within 30 days of an accepted offer.

    Myles Wilson Keller Williams

    589 Gilleas Rd, Memphis, TN 38109
  • /2

    $7,500

    $5K PRICE DROP
    • Land
    • 15,681 Sq Ft
    • $20,833 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
  • /9

    $80,000

    • Land
    • 3.9 Acres
    • $20,513 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
  • /15

    $88,000

    • 3 Beds
    • 1 Bath
    • 854 Sq Ft

    4282 Westmont Rd, Memphis, TN 38109

    This well maintained home is perfect for starters. Hardwood floors in hall and bedrooms, beautiful title in kitchen, carpet in Livingroom. C/A and heat, fenced in back yard, washer & Dryer connections. This home is move in ready.

    Joe Payne The Peyton Co., Inc., REALTORS

    4282 Westmont Rd, Memphis, TN 38109
  • /13

    $125,000

    • 4 Beds
    • 2 Baths
    • 1,300 Sq Ft

    5001 Frankie Ln, Memphis, TN 38109

    AINVESTOR"S SPECIAL!!! TENANT in place with rental income. A cute home, an excellent investment property opportunity or for a buyer looking for the perfect fixer upper. A split bedroom floorplan, with 2 bedrooms down and 2 bedrooms upstairs. Seller has done a minor refresh with new interior paint and new laminate flooring. Five minutes from the interstate and local shopping. A block away from the

    Linitra Washington KAIZEN Realty, LLC

    5001 Frankie Ln, Memphis, TN 38109
  • /4

    $14,998

    $10K PRICE DROP
    • Land
    • 7,405 Sq Ft
    • $88,224 per Acre

    538 King Rd, Memphis, TN 38109

    A great lot in an up and coming area! Foundation from old building still on lot for easy building! Drive out anytime!

    Amy Patterson Crye-Leike, Inc., REALTORS

    538 King Rd, Memphis, TN 38109
  • /4

    $15,000

    $5K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 600+ Sq Ft

    2076 Farrington St, Memphis, TN 38109

    Investment property available. Distressed home near many industrial facilities / employers. Property has curb cut. Cash offers preferred. Please do due diligence before submitting an offer. No creative or owner financed offers. No wholesale or assignment

    William Haynes Crye-Leike, Inc., REALTORS

    2076 Farrington St, Memphis, TN 38109
  • /22

    $153,900

    • 3 Beds
    • 2 Baths
    • 1,349 Sq Ft

    4445 Don St, Memphis, TN 38109

    Step into this beautifully refreshed 3-bedroom, 2-bath home in the heart of Memphis! Featuring new carpet, fresh paint, and an inviting updated screened in patio perfect for relaxing or entertaining, this home is move-in ready and full of charm. Enjoy a spacious layout with comfortable living areas and a backyard ideal for gatherings. Whether you’re a first-time buyer or looking to upgrade, this

    Tia Jennings Keller Williams

    4445 Don St, Memphis, TN 38109
  • /2

    $6,500

    $7M PRICE DROP
    • Land
    • 7,405 Sq Ft
    • $38,235 per Acre

    136 E Dempster Ave, Memphis, TN 38109

    REDUCED PRICE!!! Land on this nice corner lot is available for a new home build, as one is being built across from this lot. There was a house on the lot many years ago.

    Tjuania Redmond Lawrence Johnson, REALTORS

    136 E Dempster Ave, Memphis, TN 38109

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