Homes for Sale in 38118

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  /29

  $94,500

  • 3 Beds
  • 2 Baths
  • 1,400+ Sq Ft

  4787 Townhouse Way, Memphis, TN 38118

  Newly Renovated Condo located in East Memphis. Section 8 Tenant in place for $997, MHA Approved on 9/30/25. Property is 3 Bedrooms 2 baths, 1 Bedroom downstairs and 2 Upstairs. Property was Purchased in a Tax Sale, Seller has owned the property less than a Year (Buyer Must close with Saddle Creek Only) Title Insurance can possibly be Purchased with an Attached Risk Endorsement Policy. This

  

  Tara Woodley

  Zach Taylor Real Estate

  (901) 295-3713

  4787 Townhouse Way, Memphis, TN 38118
• 

  

  /2

  $65,000

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

  4721 Queens Lace Ct Unit 56, Memphis, TN 38118

  Back on the Market! This nice 2-bedroom, 2-bathroom condo offers a spacious and functional layout. Currently tenant-occupied with reliable renters in place that's been there for 10 years. it’s a turnkey investment with immediate rental income potential. The unit features an open living room and dining room area, kitchen, in-unit laundry, and ample natural light throughout. Both bedrooms are

  

  Vashti Parson

  C21 Patterson & Assoc. Real Es

  (901) 673-8122

  4721 Queens Lace Ct Unit 56, Memphis, TN 38118
• 

  

  

  /3

  $210,000 New Construction

  • 4 Beds
  • 2 Baths
  • 1,451 Sq Ft

  5253 Zodiac Rd, Memphis, TN 38118

  First-time homebuyer alert! This newly constructed home is available exclusively to first-time homebuyers. No investors. 4-bedroom, 2-bath home with a 1-year builder warranty located in a quiet neighborhood in the Oakhaven area. Features 9-foot ceilings, wood laminate flooring throughout, and a storage room in the carport. The range/oven, dishwasher, and microwave will be installed before

  Tammy Coleman Legendary Realty

  5253 Zodiac Rd, Memphis, TN 38118
• 

  

  

  /13

  $99,900

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  2705 Mcmurray St, Memphis, TN 38118

  Terrific investment opportunity. Tenant occupied, cash flowing and professionally managed home. Currently rented for $955/mo with a $925 deposit on file. Lease expires 05/31/26. Do not approach or disturb tenant, no showings without an accepted offer. No wholesale, assignment, seller finance or creative finance. Seller also selling: 3110 Aden, 3243 13 Colony #2B, 2705 McMurray, 1753 S Winston.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2705 Mcmurray St, Memphis, TN 38118
• 

  

  

  /4

  $60,000

  • 2 Beds
  • 2 Baths
  • 1,092 Sq Ft

  3607 Orange Blossom Ct Unit 66, Memphis, TN 38118

  East Memphis condo perfect for investors or owner occupants! Property is currently tenant occupied but they will vacate at closing! Minutes from the Airport and Industrial/logistic facilities for employment! Please make all offers contingent upon inspection!

  Duane Kinnard Tri-Leake Realty

  3607 Orange Blossom Ct Unit 66, Memphis, TN 38118
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  /9

  $139,500

  • 3 Beds
  • 2 Baths
  • 1,324 Sq Ft

  2747 Merle St, Memphis, TN 38118

  **OCCUPIED PROPERTY**DO NOT DISTURB** Freshley rehabbed rental for sale. New roof, HVAC, Kitchen, Windows, Bath fixtures and more. This property is currently rented at $1,175.00. No showings without bound contract. EMD is $2500 due 2 days after contract is bound, to be held by Saddle Creek Title in Memphis, max of 7 days inspection. Pics are from just before the rehab was fully completed.

  Daniel Sturdivant Bluff City Management, LLC

  2747 Merle St, Memphis, TN 38118
• 

  

  /12

  $65,000

  • 3 Beds
  • 1 Bath
  • 1,000+ Sq Ft

  3394 Point Pleasant Ave, Memphis, TN 38118

  Great potential in this brick, living room, kitchen, three bedrooms, 1 bath and a large fenced back yard ideal for family fun and bar b ques. Don't miss this jewel!

  Carol Tate Tate Realty and Construction

  3394 Point Pleasant Ave, Memphis, TN 38118
• 

  

  /5

  $134,000

  • 3 Beds
  • 2 Baths
  • 1,400+ Sq Ft

  3758 Oak Shade Cove, Memphis, TN 38118

  Great investment opportunity! Property was renovated in 2023 with updated LVP flooring, new doors and interior paint. This property is turn key with a tenant in place. Please do not disturb tenant.

  John Quinn REMAX Experts

  3758 Oak Shade Cove, Memphis, TN 38118
• 

  

  /15

  $105,000

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

  3165 Maple Hill Dr, Memphis, TN 38118

  3 bed 2 bath brick house with attached carport. Overall good condition but needs cosmetic updates and misc other repairs. Private fenced backyard. Central heat and air. More than 1200 sf. Great Kitchen/ hearth room combo. Covered front porch. One level home.

  James Anson Underwood Crye-Leike, Inc., REALTORS

  3165 Maple Hill Dr, Memphis, TN 38118
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  /6

  $350,000

  • Land
  • 2.64 Acres
  • $132,576 per Acre

  3549 Winchester Rd, Memphis, TN 38118

  2.65 Commercial Acres in VICTORY HEIGHTS on Winchester Rd

  Jason Miller eXp Realty, LLC

  3549 Winchester Rd, Memphis, TN 38118
• 

  /2

  $75,000

  • Land
  • 9.02 Acres
  • $8,315 per Acre

  00 Tchulahoma Rd, Memphis, TN 38118

  9.02 acres of land off Tchulahoma Rd! This wooded lot is in a prime location, just minutes from the airport, Mississippi state line, and Amazon Plant. Great opportunity for a developer or a homebuilder looking to grow in a perfectly located area. Drive by and check it out!

  Juan Torres Fast Track Realty, LLC

  00 Tchulahoma Rd, Memphis, TN 38118
• 

  /2

  $97,000

  • 3 Beds
  • 1.5 Baths
  • 1,154 Sq Ft

  2831 Redwing Rd, Memphis, TN 38118

  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. Leased at $850 per month on a month-to-month basis. No creative or owner financed offers. No wholesalers or assignments. Do not disturb or approach

  James Wachob Foundation Property Management

  2831 Redwing Rd, Memphis, TN 38118
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  /9

  $69,000

  • 2 Beds
  • 1.5 Baths
  • 1,429 Sq Ft

  4729 Wild Plum Ct Unit 112, Memphis, TN 38118

  AWESOME INVESTOR OPPORTUNITY!! 2 Bed , 1.5 bath. This property has been refurbished and ready for your family or tenant. This property can be bought as a package deal with 4729 Wild Plum Ct, which is directly next door. PROPERTY IS BEING SOLD AS-IS

  Kevin Brown eXp Realty, LLC

  4729 Wild Plum Ct Unit 112, Memphis, TN 38118
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  /30

  $129,900

  • 3 Beds
  • 2 Baths
  • 1,051 Sq Ft

  4066 Berrywood Ave, Memphis, TN 38118

  This ranch style home features 3 beds, 2 bath. Boasting great bones and endless potential. Sit on the front porch enjoying the outdoors. Great for an investor or first time homebuyer. Seller will have new condenser installed with acceptable offer and working on getting window replaced.

  Alexis Martz Trelora Realty

  4066 Berrywood Ave, Memphis, TN 38118
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  /2

  $55,000

  • Land
  • 0.82 Acre
  • $67,073 per Acre

  3646 Democrat Rd, Memphis, TN 38118

  This .82 Acre lot is being sold along with 3628 Democrat for a package deal. Regular shaped and zoned RU-3 which allow for various uses including SFH, Multifamily Homes, Manufactured homes, Assist Living and more. Contact me for more information. Bring all offers

  John Cornes Braden, Braden & Braden LLC

  3646 Democrat Rd, Memphis, TN 38118
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  /40

  $170,000

  • 4 Beds
  • 2.5 Baths
  • 2,000+ Sq Ft

  3745 Tchulahoma Rd, Memphis, TN 38118

  This well-maintained 4-bedroom, 2.5-bath home offers generous living space and flexible layout options perfect for families or rental potential. The fourth bedroom includes its own private full bath—ideal for use as a mother-in-law suite or guest quarters. Enjoy the comfort of a formal living room, formal dining room, and a cozy den with a fireplace. A dedicated laundry room adds everyday

  Jay McMiller RE/MAX Realty Group

  3745 Tchulahoma Rd, Memphis, TN 38118
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  /32

  $165,000

  • 3 Beds
  • 2 Baths
  • 1,291 Sq Ft

  5128 Jessie Lee Ln, Memphis, TN 38118

  Step into this beautifully maintained and thoughtfully updated 3-bedroom, 2-bathroom home nestled in a peaceful, tree-lined neighborhood. With recent upgrades this home blends classic comfort with modern functionality — perfect for a first-time homebuyer, a small family, or an investor looking for a turnkey rental. Roof replaced (2020) — peace of mind for years to come! Energy-efficient windows

  John Payne BEST Real Estate Company

  5128 Jessie Lee Ln, Memphis, TN 38118
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  /3

  $84,900

  • 3 Beds
  • 1 Bath
  • 1,000+ Sq Ft

  3509 Pine Ridge Ln, Memphis, TN 38118

  Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No blind offers and no wholesaler or assignment of contract offers will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3509 Pine Ridge Ln, Memphis, TN 38118
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  /4

  $150,000

  • Land
  • 0.53 Acre
  • $283,019 per Acre

  4150 E Shelby Dr, Memphis, TN 38118

  Lot located on end of Damascus at Shelby Dr. Good frontage with natural drainage. Adjacent to an industrial office. Access to gas/water/elec. Owner would like to sell one, two or all three parcels together. Make us an offer.

  Jimmie Tapley Crye-Leike, Inc., REALTORS

  4150 E Shelby Dr, Memphis, TN 38118
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  /10

  $69,000

  • 3 Beds
  • 1.5 Baths
  • 1,429 Sq Ft

  4731 Wild Plum Ct Unit 112, Memphis, TN 38118

  AWESOME INVESTOR OPPORTUNITY!! 3bedroom 1.5 bath This property has been freshly renovated and ready for your family or tenant. This can be bought as a package deal with 4731 Wild Plum Ct which is directly next door. PROPERTY IS BEING SOLD AS-IS.

  Kevin Brown eXp Realty, LLC

  4731 Wild Plum Ct Unit 112, Memphis, TN 38118
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  /10

  $75,000

  • Land
  • 3.12 Acres
  • $24,038 per Acre

  4825 American Way, Memphis, TN 38118

  3.12 acres right in the action! Directly off of American Way and S Perkins intersection, this lot is wooded and currently zoned CMU-2. This size lot may be the last of its kind in this area so get it while you can! Surrounded by business to the N and a nice residential neighborhood to the S, this lot has dedicated access via Westmeade St. Experienced developers - here's your chance to build your

  Randall Weatherall Memphis Metro Realty

  4825 American Way, Memphis, TN 38118
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  /20

  $149,900

  • 3 Beds
  • 2.5 Baths
  • 1,901 Sq Ft

  5275 Scottsdale Ave Unit 9, Memphis, TN 38118

  Welcome to this beautifully remodeled townhouse, a true rare jewel offering over 1,900 square feet of thoughtfully designed living space. Step inside to discover three spacious bedrooms and two and a half baths, along with 2 distinct living areas that make this home truly special — a separate living room, dining room, and a cozy hearth room that adds warmth and charm you’ll fall in love with.

  Kenya Harrison Infinity Group REALTORS, Inc.

  5275 Scottsdale Ave Unit 9, Memphis, TN 38118
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  /18

  $95,000

  • 3 Beds
  • 2.5 Baths
  • 1,600+ Sq Ft

  3629 Chesterwood Dr Unit 77, Memphis, TN 38118

  Fantastic spacious 3 Bedroom 2 1/2 Bath Townhome w/covered parking. Fully renovated!!! Fenced patio enclosed with new fence., security doors. Home is tenant occupied, and on month-to-month lease. This home is great for first time home buyers.

  Janice Mathis eXp Realty, LLC

  3629 Chesterwood Dr Unit 77, Memphis, TN 38118
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  /2

  $1,000,000

  • Land
  • 20.24 Acres
  • $49,407 per Acre

  0 Arnold Rd Unit 10181858, Memphis, TN 38118

  Discover a remarkable opportunity to acquire 20+ acres of prime land located just minutes away from Memphis Airport and FedEx World Hub, also offering easy access to railways and major highways. Ample space for various development possibilities, don’t miss this unique chance to own a substantial piece of land in Memphis.

  Tony Cai eXp Realty, LLC

  0 Arnold Rd Unit 10181858, Memphis, TN 38118
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  /9

  $210,000 New Construction

  • 4 Beds
  • 2 Baths
  • 1,400+ Sq Ft

  5273 Zodiac Rd, Memphis, TN 38118

  New construction. This home is available exclusively to first-time homebuyers. No investors. 4-bedroom, 2-bath home with a 1-year builder warranty located in a quiet neighborhood in the Oakhaven area. Features 9-foot ceilings, wood laminate flooring throughout, storage room in the carport. Downpayment assistance is available. Home is near the park, which is great for leisure walks and family

  Tammy Coleman Legendary Realty

  5273 Zodiac Rd, Memphis, TN 38118
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  /31

  $380,000

  • 4 Beds
  • 2 Baths
  • 2,200+ Sq Ft

  3461 Holman Place, Memphis, TN 38118

  Welcome to this renovated multi-functional 4br 2ba property with flexible layout options to fit your multi usage/business idea. Zoned Commercial. 4br 2b, kitchen, living room, dining room, and laundry closet. Detached brick 30x60 garage/shop w/ two 16ft bay doors. Ample front and back space for parking and equipment storage. Great for a small service business in the back, mechanic repair shop,

  Ana Trujillo Trujillo Realty

  3461 Holman Place, Memphis, TN 38118
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  /8

  $129,900

  • 3 Beds
  • 1 Bath
  • 1,146 Sq Ft

  4511 Sumners Wells Rd, Memphis, TN 38118

  Great 3-bedroom 2 bath home with great price. A must see.

  Fred Sengstacke KAIZEN Realty, LLC

  4511 Sumners Wells Rd, Memphis, TN 38118
• 

  

  /30

  $134,900

  • 4 Beds
  • 1.5 Baths
  • 1,044 Sq Ft

  3860 Castleman St, Memphis, TN 38118

  This lovely 4-bedroom, 1.5 -bath ranch-style home greets you with a large front yard and inviting curb appeal. Inside, you'll find a comfortable layout ideal for everyday living. Perfect for first-time buyers or anyone seeking single-story convenience, this home blends comfort, charm, and modern touches.

  Alexis Martz Trelora Realty

  3860 Castleman St, Memphis, TN 38118
• 

  

  /14

  $195,000

  • 3 Beds
  • 2 Baths
  • 1,804 Sq Ft

  3472 Castleman St, Memphis, TN 38118

  PRICE JUST REDUCED!!! This very spacious home 3-bedroom,2 bath, huge den, separate dining room, living room, huge office, eat-in kitchen, laundry room, fenced back yard for privacy. Central A.C only one year old. New paint inside and outside, sewage system, flooring and window Blinds throughout the home, less than 2 years old. Bathroom updated. The camera, monitor and desk will be left. Wooddale

  Dorothy Bolden Destiny Realty Services

  3472 Castleman St, Memphis, TN 38118
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  /26

  $140,000

  • 4 Beds
  • 2 Baths
  • 1,928 Sq Ft

  5190 Cottonwood Rd, Memphis, TN 38118

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $1,205 per month and is on a lease until 10/31/2026. 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

  5190 Cottonwood Rd, Memphis, TN 38118
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  /28

  $60,000

  • 2 Beds
  • 1.5 Baths
  • 1,126 Sq Ft

  3554 Morning Dew Ct Unit 11, Memphis, TN 38118

  This condo is located in a great location! It's just minutes from the Memphis Airport, Mississippi state line, Whitehaven area expressway and more! This would make a great rental or first time home for a buyer! It has fresh paint, new LVP flooring, new countertops, light fixtures, new refrigerator and dishwasher! Seller has done most of the renovation, but there is still some work to be done.

  Verna Littleton Fast Track Realty, LLC

  3554 Morning Dew Ct Unit 11, Memphis, TN 38118
• 

  

  /15

  $137,000

  • 3 Beds
  • 2.5 Baths
  • 1,800+ Sq Ft

  5281 Scottsdale Ave Unit 6, Memphis, TN 38118

  Move in Ready or Rent ready. 3 bedrooms, 2.5 baths. Open concept.

  Greg Renfrow NextHome Cornerstone Realty

  5281 Scottsdale Ave Unit 6, Memphis, TN 38118
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  /7

  $129,000

  • 3 Beds
  • 1.5 Baths
  • 1,200+ Sq Ft

  4876 Cottonwood Rd, Memphis, TN 38118

  Back on Market - REDUCED PRICE $ Investor Dream... House in Good Condition just need a little TLC No FHA or VA contracts As-Is Sale owner will not make repairs... Need AC Service and new water heater. Occupied by owner...no lock box, Make offer subject to Inspection Do not approach property without appointment

  ANTHONY WILLOUGHBY Germantown Luxury Homes, LLC

  4876 Cottonwood Rd, Memphis, TN 38118
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  /9

  $149,900

  • 3 Beds
  • 2 Baths
  • 1,297 Sq Ft

  3082 Bluffdale St, Memphis, TN 38118

  Available now! Great home for homeowner or investor. Newly renovated. Spacious eat-in kitchen with dining room, separate living room, hardwood throughout, 2 car carport, large fenced-in backyard. Convenient location. House has just been freshly painted (Nov 2025) and cleaned and is move-in ready! Call today!

  Jeremy Veldman KAIZEN Realty, LLC

  3082 Bluffdale St, Memphis, TN 38118
• 

  /2

  $55,000

  • Land
  • 2.98 Acres
  • $18,456 per Acre

  3366 E Shelby Dr, Memphis, TN 38118

  Prime Development Opportunity with 2.98 Acres in Memphis~Rare opportunity for Developers, Builders, and Investors Alike~Versatile Property Offers the Perfect Setting for Residential Construction, Small Community Development, or Other Creative Projects~Just Minutes from Mississippi’s Vibrant Shopping, Dining, and Retail Hubs~Zoned for Residential and Flexible Use

  Jennifer Carstensen Real Estate Agency

  3366 E Shelby Dr, Memphis, TN 38118
• 

  

  /23

  $209,000

  • 3 Beds
  • 2 Baths
  • 1,754 Sq Ft

  3331 Chancellor St, Memphis, TN 38118

  Welcome home to this charming 3-bedroom, 2-bath brick beauty offering comfort, character and convenience all in one. Step inside to find hardwood floors flowing throughout the main living spaces, creating a warm and inviting atmosphere. The well-designed floor plan includes a cozy living area. The separate laundry room adds extra functionality and keeps daily tasks tucked away. Outside, enjoy a

  Samantha Ward Fast Track Realty, LLC

  3331 Chancellor St, Memphis, TN 38118
• 

  

  /15

  $195,000

  • 3 Beds
  • 1.5 Baths
  • 1,614 Sq Ft

  4789 Judy Lynn Ave, Memphis, TN 38118

  SELLER WILL PAY UP TO $5,000 TOWARDS BUYERS CLOSING COSTS AND PREPAIDS! COMPLETELY RENOVATED HOME. Brand new roof, brand new air conditioning condenser, BRAND NEW FULLY RENOVATED KITCHEN WITH NEW CABINETS AND GRANITE COUNTER TOPS. Brand new stainless steel gas range/oven, vent-a-hood, dishwasher, and food disposal. All new light and plumbing fixtures throughout. Beautiful refinished hard wood

  Brett Bernard The Stamps Real Estate Company

  4789 Judy Lynn Ave, Memphis, TN 38118
• 

  

  /22

  $139,000

  • 3 Beds
  • 1 Bath
  • 1,220 Sq Ft

  3788 Bishops Bridge Rd, Memphis, TN 38118

  Welcome to this 3 bed, 1 bath home featuring a great layout with a spacious eat-in kitchen, a large living room ideal for entertaining, and a generous laundry room/pantry for extra storage and convenience. The covered porch provides additional gathering space and overlooks a big backyard with a sizable storage shed. Located across the street from a school with quick access to the interstate, the

  Lawson Roberts Renshaw Company, REALTORS

  3788 Bishops Bridge Rd, Memphis, TN 38118
• 

  /2

  $55,000

  • Land
  • 0.82 Acre
  • $67,073 per Acre

  3628 Democrat Rd, Memphis, TN 38118

  This .82 Acre lot is being sold along with 3628 Democrat for a package deal. Regular shaped and zoned RU-3 which allow for various uses including SFH, Multifamily Homes, Manufactured homes, Assist Living and more. Contact me for more information. Bring all offers

  John Cornes Braden, Braden & Braden LLC

  3628 Democrat Rd, Memphis, TN 38118
• 

  

  /24

  $149,900

  • 3 Beds
  • 1.5 Baths
  • 1,131 Sq Ft

  3193 Rendezvous Ln, Memphis, TN 38118

  Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No blind offers and no wholesaler or assignment of contract offers will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3193 Rendezvous Ln, Memphis, TN 38118

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