Homes for Sale in 38118

• 

  

  /2

  $114,900

  • 3 Beds
  • 1 Bath
  • 979 Sq Ft

  4224 Arrowhead Rd, Memphis, TN 38118

  Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38118 area. Cash flowing with a monthly rental amount of $1,100/month. The lease ends on 2/28/2027. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  4224 Arrowhead Rd, Memphis, TN 38118
• 

  

  

  /18

  $139,900

  • 3 Beds
  • 2 Baths
  • 1,319 Sq Ft

  3151 Craig St, Memphis, TN 38118

  Welcome to this updated Parkway Village home offering space, style, and low-maintenance living. This 3-bedroom, 2-bathroom residence features a functional layout designed for comfort and everyday convenience. The large eat-in kitchen provides plenty of room for dining and gathering, with French doors leading to the patio and treed backyard, creating an ideal space for indoor-outdoor living. LVP

  Ben Strauch Skyline Realty

  3151 Craig St, Memphis, TN 38118
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  /38

  $192,000

  • 4 Beds
  • 2.5 Baths
  • 2,210 Sq Ft

  3087 Dothan St, Memphis, TN 38118

  ATTENTION INVESTORS! Here's a property loaded with potential! Tenant-occupied 4-bedroom, 2.5-bathroom home generating $1,825/month, with lease renewal scheduled for 4/1/2026. The property features a den with fireplace, separate living room, eat-in kitchen with pass-through to the den, spacious primary bedroom with private courtyard access, and a circular driveway providing ample parking. Plenty

  Jeremy Veldman KAIZEN Realty, LLC

  3087 Dothan St, Memphis, TN 38118
• 

  

  

  /8

  $154,900

  • 3 Beds
  • 1.5 Baths
  • 1,706 Sq Ft

  3092 Dothan St, Memphis, TN 38118

  Les Jones Brookfield Properties, Inc.

  3092 Dothan St, Memphis, TN 38118
• 

  

  /2

  $214,900

  • 4 Beds
  • 2 Baths
  • 1,455 Sq Ft

  3171 Celt Cove, Memphis, TN 38118

  2026 New Construction! Welcome to this beautiful 4 bedroom, 2 bath home offering over 1,400 square feet of modern living space. This thoughtfully designed property features luxury vinyl plank flooring throughout, granite countertops, stylish cabinetry, and contemporary finishes. The open layout provides a comfortable flow between living and dining areas, while the bathrooms showcase well-placed

  Joshua Moss KAIZEN Realty, LLC

  3171 Celt Cove, Memphis, TN 38118
• 

  

  /20

  $209,900

  • 5 Beds
  • 2 Baths
  • 1,215 Sq Ft

  3220 Gina Dr, Memphis, TN 38118

  This wonderful property features 5 spacious bedrooms and 2 full bathroom, ideal for large families or as an investment opportunity. It offers a very spacious kitchen with black and white finishes, seamlessly integrated into the living areas, creating a warm, inviting, and functional open-concept layout. Additionally, the home includes a fully fenced yard, providing added privacy and security

  Itzel Sanchez Bustamante Keller Williams

  3220 Gina Dr, Memphis, TN 38118
• 

  

  /19

  $140,000

  • 3 Beds
  • 1 Bath
  • 1,092 Sq Ft

  4405 Aloha Ave, Memphis, TN 38118

  Welcome home to this charming, beautifully remodeled 3-bedroom, 1-bath residence featuring a versatile bonus room, perfect for a home office, playroom, or guest space. Step inside to discover updated finishes, fresh paint, and modern touches throughout, creating a warm and inviting atmosphere. Enjoy the spacious backyard, ideal for entertaining, gardening, or even future expansion possibilities.

  Cristina Camacho Fast Track Realty, LLC

  4405 Aloha Ave, Memphis, TN 38118
• 

  

  /11

  $115,900

  • 5 Beds
  • 1 Bath
  • 1,152 Sq Ft

  2665 Marlene St, Memphis, TN 38118

  TENANT OCCUPIED DO NOT DISTURB TENANT. LEASED FOR $1250/MO. TILL 12/31/2027. SUBMIT YOUR OFFER AFTER ACCEPTANCE WE WILL GET YOU INSIDE FOR YOUR INSPECTION. Beautiful ranch style brick home with 5 bedrooms...or 4 bedrooms plus a family room, Carport! Nice size backyard--fenced!

  Jimmie Tapley Crye-Leike, Inc., REALTORS

  2665 Marlene St, Memphis, TN 38118
• 

  

  /15

  $174,900

  • 3 Beds
  • 2.5 Baths
  • 1,582 Sq Ft

  4999 Tradewind Terrace, Memphis, TN 38118

  Completely renovated and move-in ready, this beautifully updated 3 bedroom, 2.5 bathroom home offers the perfect blend of modern finishes, major system upgrades, and long-term value. With approximately 1,566 square feet of thoughtfully refreshed space, nearly every surface has been improved — including all new windows, new HVAC system, new flooring throughout, fresh interior and exterior paint,

  Will Morgan Marathon REALTORS, LLC

  4999 Tradewind Terrace, Memphis, TN 38118
• 

  

  /8

  $115,000

  • 3 Beds
  • 1 Bath
  • 950 Sq Ft

  3076 Jean Dr, Memphis, TN 38118

  Good looking 3 bedroom brick home! New carpet; like new furnace. Nice, large yard. Can be owner occupant or good income producing property! For OWNER occupants see attached info for City of Memphis down payment assistance program! Up to $25K in assistance! MOTIVATED SELLER!!

  Jimmie Tapley Crye-Leike, Inc., REALTORS

  3076 Jean Dr, Memphis, TN 38118
• 

  

  /5

  $159,900

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

  3480 Cloudland Dr, Memphis, TN 38118

  Home has been renovated with new 30 year arc roof. New flooring, paint new appliances. Ready to move in! New Ac unit and coil installed before closing. New hot water tank

  Isaac Fisher Redkey Realty

  3480 Cloudland Dr, Memphis, TN 38118
• 

  

  /13

  $199,500

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

  3472 Castleman St, Memphis, TN 38118

  

  William Mitchell

  Crye-Leike, Inc., REALTORS

  (901) 460-3596

  3472 Castleman St, Memphis, TN 38118
• 

  

  /3

  $94,900

  • 2 Beds
  • 1 Bath
  • 844 Sq Ft

  2741 Margot St, Memphis, TN 38118

  Fantastic investment opportunity in the Shelby area. This 2br/1 bath single-family home is in the 38118 area. Cash flowing with a monthly rental amount of $995/month. The lease ends on 8/31/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  2741 Margot St, Memphis, TN 38118
• 

  

  /28

  $154,900

  • 3 Beds
  • 2 Baths
  • 1,483 Sq Ft

  3195 Beauchamp Dr, Memphis, TN 38118

  Charming one-story home featuring 3 bedrooms and 2 full baths. Functional floor plan with comfortable living space, conveniently located near schools, shopping, and major roadways. Great opportunity for homeowners or investors.

  Alexis Martz Trelora Realty

  3195 Beauchamp Dr, Memphis, TN 38118
• 

  /2

  $51,000

  • Land
  • 2.98 Acres
  • $17,114 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
• 

  

  /9

  $100,000

  • 3 Beds
  • 1 Bath
  • 1,024 Sq Ft

  3421 Piney Woods Ave, Memphis, TN 38118

  3 bedroom 1 bath home in East Whitehaven Park being sold as-is. 10 min from the Memphis internation Airport and FedEx. 15 min from Graceland. Solid bones, needs TLC.

  Jason Miller eXp Realty, LLC

  3421 Piney Woods Ave, Memphis, TN 38118
• 

  /2

  $214,000 New Construction

  • 3 Beds
  • 2 Baths
  • 1,410 Sq Ft

  3118 Arrendale St, Memphis, TN 38118

  New construction, fully completed and never occupied. This home features a 3 bedroom, 2 bathroom layout with 1161 heated sq ft. Move-in ready. Contact the listing agent for floor plans, additional details, or to schedule a showing.

  Cesar Lara Fast Track Realty, LLC

  3118 Arrendale St, Memphis, TN 38118
• 

  

  /27

  $135,000

  • 4 Beds
  • 1.5 Baths
  • 1,153 Sq Ft

  3733 Brompton Rd, Memphis, TN 38118

  INVESTERS ONLY!!! Tenant occupied 4 Bedroom 1.5 Bath home with covered parking currently rented at $1195/mo. Home has a large front porch, REHABBED in late 2025, huge primary bedroom with attached bathroom, and a large back yard (no neighbor behind). This could be a great addition to your rental portfolio. Professionally managed by Renshaw. No sign in the yard. Please do not disturb or approach

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3733 Brompton Rd, Memphis, TN 38118
• 

  

  /15

  $135,999

  • 3 Beds
  • 2 Baths
  • 1,149 Sq Ft

  3204 Applewood Cove, Memphis, TN 38118

  3204 Applewood Cv is an immaculately maintained home located in a quiet cove in 38118. The home has updates with the flooring, paint and bathroom and has a storage room attached to the carport as well as a shed in a nice sized backyard. This home is ready to be called home to family!! Call me today for a private tour!

  Lloyd Patterson C21 Patterson & Assoc. Real Es

  3204 Applewood Cove, Memphis, TN 38118
• 

  

  /8

  $199,900

  • 3 Beds
  • 2 Baths
  • 1,571 Sq Ft

  3829 Leven Cove, Memphis, TN 38118

  Private Financing Available w/ 3-10% Down* $1,695/mo Monthly Payment (Rent or Loan) Move-in for $5,900! (Lease Purchase) Or... Own for $19,900 Down (Private Finance) Seller Concessions offered! Website: www.slowpad.com *All terms negotiable. Hablamos español.

  Phil Hopewell Results MLS REALTORS

  3829 Leven Cove, Memphis, TN 38118
• 

  

  /20

  $125,000

  • 3 Beds
  • 1.5 Baths
  • 1,191 Sq Ft

  3063 Christine Rd, Memphis, TN 38118

  INVESTERS ONLY!!! Hot investment opportunity. Tenant occupied 3bed 1.5bath BRICK home currently rented at $1229.50/mo. This could be a great addition to your rental portfolio. Professionally managed property by Renshaw. No sign in the yard. Please do not disturb or approach the tenant. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Seller selling 2860 Castleman St, 3011 Christine Rd, 3733 Brompton Rd,

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3063 Christine Rd, Memphis, TN 38118
• 

  

  /3

  $135,000

  • 3 Beds
  • 1.5 Baths
  • 1,298 Sq Ft

  3104 Kingsgate Ave, Memphis, TN 38118

  INVESTERS ONLY!!! Hot investment opportunity. Tenant occupied 3bed 1.5bath BRICK home currently rented at $1100/mo. This could be a great addition to your rental portfolio. Professionally managed property by Renshaw. No sign in the yard. Please do not disturb or approach the tenant. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Seller selling 2860 Castleman St, 3011 Christine Rd, 3733 Brompton Rd, 3889

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3104 Kingsgate Ave, Memphis, TN 38118
• 

  

  /26

  $125,000

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

  3011 Christine Rd, Memphis, TN 38118

  Excellent investment opportunity. INVESTORS ONLY. TENANT OCCUPIED! Professionally managed property by Renshaw, tenant occupied property currently rented for $1,045/mo. 3 beds, 1 & half bathrooms, covered parking. Property is located at the end of cove in a nice area. Conveniently located near Oakhaven Elm & High. DO NOT APPROACH OR DISTURB TENANT, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. NO

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3011 Christine Rd, Memphis, TN 38118
• 

  

  /3

  $180,000

  • 4 Beds
  • 2 Baths
  • 1,986 Sq Ft

  2860 Castleman St, Memphis, TN 38118

  INVESTERS ONLY!!! Tenant occupied 4bed 2bath brick home rented at $1425/mo. This could be a great addition to your rental portfolio. No sign in the yard. Please do not disturb or approach the tenant. Professionally managed by Renshaw. BULK SALE ONLY, can be bought in 4-6 property packages, but cannot be bought individually. Seller selling 2860 Castleman St, 3011 Christine Rd, 3733 Brompton Rd,

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2860 Castleman St, Memphis, TN 38118
• 

  /2

  $179,550

  • 4 Beds
  • 1 Bath
  • 1,160 Sq Ft

  4299 Knight Arnold Rd, Memphis, TN 38118

  Renovated rental property with an active lease in place. Currently leased at $1,100 month to month. No creative financing offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 657-4013

  4299 Knight Arnold Rd, Memphis, TN 38118
• 

  /2

  $180,880

  • 3 Beds
  • 2 Baths
  • 1,758 Sq Ft

  4154 Arrowhead Rd, Memphis, TN 38118

  Renovated rental property with an active lease in place. Currently leased at $835 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 589-5118

  4154 Arrowhead Rd, Memphis, TN 38118
• 

  

  /9

  $169,500

  • 3 Beds
  • 2 Baths
  • 1,999 Sq Ft

  4947 Demeter Cove, Memphis, TN 38118

  MULTIPLE PROPERTY PORTFOLIO CAN ONLY BE BOUGHT IN BULK, TOTAL PRICE IS 436,900 Four investment properties available. Seller is seeking bulk offers. Investors only! 3218 Thirteen Colony Mall #1A -- 3 beds, 2.1 baths, currently rented at $895, lease expires 7/31/2026, recent repairs, in good condition, HOA is $225/mo. 1936 Frisco -- 3 beds, 1 bath, new roof and hvac in 2021, currently rented for

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4947 Demeter Cove, Memphis, TN 38118
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  /32

  $175,000

  • 4 Beds
  • 3 Baths
  • 1,849 Sq Ft

  3274 Gaylord Ln, Memphis, TN 38118

  A Memphis gem with flexible living and split bedroom plan. This spacious 4-bedroom, 3-bath Memphis home is move-in ready and waiting for new energy. Newly refinished hardwood floors, fresh paint throughout, and a brand-new dishwasher, this property welcomes the next family home. The plumbing has already been replaced (to the street), offering peace of mind for years to come. Enjoy a flexible

  

  Sherry Harbur

  Harbur Realty

  (901) 660-4209

  3274 Gaylord Ln, Memphis, TN 38118
• 

  /2

  $109,900

  • 3 Beds
  • 1 Bath
  • 983 Sq Ft

  3037 Brisdane St, Memphis, TN 38118

  Awesome rental chance in a really solid investment neighborhood - right off of S Perkins, by the interstate in Parkway Village! The tenant has been in the home since before the current owner purchased it, so it's been an awesome performer for him! Selling to clear up IRA funds for a new investment. No interior photos available, interior condition unknown, but good enough to pass MHA annuals.

  Randall Weatherall Memphis Metro Realty

  3037 Brisdane St, Memphis, TN 38118
• 

  

  /20

  $145,000

  • 3 Beds
  • 1.5 Baths
  • 1,320 Sq Ft

  5094 Jessie Lee Ln, Memphis, TN 38118

  Charming Parkway Village Home! This well-maintained 3-bedroom, 1.5-bath home features a spacious den with fireplace, an eat-in kitchen, and a separate living room. Enjoy hardwood floors throughout, three generously sized bedrooms, a dedicated laundry room, and a large fenced backyard. The owner has invested over $30K in renovations this year, including a brand-new electrical panel, fresh interior

  Jeremy Veldman KAIZEN Realty, LLC

  5094 Jessie Lee Ln, Memphis, TN 38118
• 

  

  /3

  $31,500

  • Land
  • 0.7 Acre
  • $45,000 per Acre

  3725 Cherry Rd, Memphis, TN 38118

  Commercial vacant lot in Memphis, TN with EMP (Light Employment) zoning. This 0.7-acre parcel is well suited for office space, flex/light industrial use, or commercial parking. All utilities are available for hookup, including public sewer, public water, and electric. Convenient location with easy access to major roadways, making it a strong option for owner-users or investors.

  Sophia Cordova Fink Property Solutions

  3725 Cherry Rd, Memphis, TN 38118
• 

  

  /24

  $150,000

  • 3 Beds
  • 2 Baths
  • 1,546 Sq Ft

  5303 Sunray Dr, Memphis, TN 38118

  Jay McMiller RE/MAX Realty Group

  5303 Sunray Dr, Memphis, TN 38118
• 

  

  /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
• 

  

  /15

  $173,900

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

  4789 Judy Lynn Ave, Memphis, TN 38118

  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 floors and LVP vinyl Plank flooring. Storm windows, low maintenance vinyl

  Brett Bernard The Stamps Real Estate Company

  4789 Judy Lynn Ave, Memphis, TN 38118
• 

  

  /15

  $146,500

  • 3 Beds
  • 1.5 Baths
  • 1,113 Sq Ft

  3687 Bedford Ln, Memphis, TN 38118

  Welcome to this impeccably maintained, move-in ready home—an ideal opportunity for first-time buyers and savvy investors alike. This charming residence features 3 bedrooms and 1.5 baths, offering ample space for comfortable living. Enjoy a large living and dining room combo, perfect for entertaining or relaxing evenings at home. The kitchen and baths are finished with large-format tile, while

  Bryant Smith The Professional Agency

  3687 Bedford Ln, Memphis, TN 38118
• 

  

  /13

  $139,000

  • 2 Beds
  • 2.5 Baths
  • 1,577 Sq Ft

  5147 Walton Lake, Memphis, TN 38118

  THIS LAKE VIEW BEAUTY NESTLED IN WALTON LAKE SUBDIVISION HAS LOTS OF CHARISMA AND COMFORT WITH HUGE ROOMS. LOTS OF UPGRADES AND IMPROVEMENTS. RELAX ON THE REAR COVERED PRIVATE PATIO WITH A BEAUTIFUL VIEW OF THE LAKE. SELLER TO GIVE A $5000 BUYER BONUS TOWARD BUYER CLOSING COST, BUY DOWN, OR APPLIANCE ALLOWANCE AT CLOSING.

  Fredrick Cunningham Keller Williams

  5147 Walton Lake, Memphis, TN 38118
• 

  

  /30

  $124,900

  • 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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  /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
• 

  

  /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
• 

  

  /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

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