Homes for Sale in 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
• 

  

  /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
• 

  

  

  /17

  $65,000 Coming Soon

  • 3 Beds
  • 2 Baths
  • 1,685 Sq Ft

  4797 Myrlen Dr, Memphis, TN 38118

  Great investment with cash flow. Welcome to this charming 3-bedroom, 2-bath condo nestled in the heart of East Memphis! Each bedroom is generously sized, and the two full bathrooms provide convenience for all. Enjoy the outdoors with a private, fenced-in patio – perfect for relaxing or hosting gatherings. With two covered parking spaces. Home is leased for $1,000 a month, lease ends 03/2026.

  larrian currie One Stop Global Realty

  4797 Myrlen Dr, 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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  /3

  $89,900

  • 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
• 

  

  /10

  $30,000

  • 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. NO WHOLESALE OR BLIND OFFERS Pipe burst during ice storm. Repair was done and condo dried out sheetrock wasn't replaced.

  Kevin Brown eXp Realty, LLC

  4731 Wild Plum Ct Unit 112, Memphis, TN 38118
• 

  

  /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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  /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

  $117,000

  • 3 Beds
  • 2 Baths
  • 1,094 Sq Ft

  4778 Daphne Rd, Memphis, TN 38118

  Great opportunity for a homeowner looking for an affordable place to call their own. This well-priced home in a convenient Memphis location offers comfortable living space and a practical layout that makes it easy to settle in and make it your own. Whether you're a first-time buyer looking to stop renting or someone searching for a solid, budget-friendly home, this property is a great option.

  Ashley Claunch Premier Realty Group, LLC

  4778 Daphne Rd, Memphis, TN 38118
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  /30

  $129,900

  • 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
• 

  /2

  $80,000

  • 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
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  /28

  $55,000 Pre-Foreclosure

  • 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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  /15

  $136,500

  • 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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  /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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  /3

  $65,000

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

  3606 Orange Blossom Ct Unit 61, Memphis, TN 38118

  Cozy and charming 2 bed 2 bath condo. This home has a pantry, laundry area, living room with fireplace, dining area and private patio. This home has additional parking on the front.

  Kimberly Leake Tri-Leake Realty

  3606 Orange Blossom Ct Unit 61, Memphis, TN 38118
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  /34

  $109,900

  • 3 Beds
  • 1 Bath
  • 1,044 Sq Ft

  4033 Clearpool Circle Rd, Memphis, TN 38118

  This 1,044 sqft residence, built in 1950, features a traditional 3-bedroom, 1-bathroom interior in the Parkway Village area. Original hardwood flooring spans the living spaces, accented by a character-filled arched entryway that leads from the living room into the kitchen and dining area. The living room is anchored by a focal point stone and large brick fireplace. The kitchen and dining room are

  Tiffany Jones Trelora Realty

  4033 Clearpool Circle Rd, Memphis, TN 38118
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  /12

  $179,900

  • 3 Beds
  • 2 Baths
  • 1,645 Sq Ft

  3442 Knight Rd, Memphis, TN 38118

  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

  3442 Knight Rd, Memphis, TN 38118
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  /2

  $49,000

  • Land
  • 2.98 Acres
  • $16,443 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
• 

  

  /7

  $125,000

  • 4 Beds
  • 2 Baths
  • 1,634 Sq Ft

  4466 Sumners Wells Rd, Memphis, TN 38118

  Cash flowing duplex with gross rents of $1390 per month. Brick 2br/1ba per side with CH/A; Rent roll attached to listing. Also available from same owner 4460-62 Sumners Wells Rd. Both duplexes are side by side and sold as is. This property has been professionally managed by Leco Realty for many years. Please drive by and do not disturb tenants. Make offers subject to inspections and sold subject

  Lowell Brister Leco Realty, Inc.

  4466 Sumners Wells Rd, 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
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  /6

  $129,900

  • 3 Beds
  • 2 Baths
  • 1,179 Sq Ft

  3151 Maple Hill Dr, Memphis, TN 38118

  Calling all investors! Home is for sale in Whitehaven. Currently managed and occupied by a tenant. Good cash flowing property! Tenant pays $1195 and lease ends in October 2026. AC 2020, Furnace 2017, and roof 10+ years. Call listing agent for details. Do not disturb tenants. Access upon accepted offer.

  Andrew Akins CB Properties of Memphis, LLC

  3151 Maple Hill Dr, Memphis, TN 38118
• 

  

  /23

  $189,000

  • 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
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  /8

  $116,900

  • 3 Beds
  • 1 Bath
  • 1,146 Sq Ft

  4511 Sumners Wells Rd, Memphis, TN 38118

  Investor Opportunity!!!!! Great 3-bedroom 2 bath home. Do not disturb tenant. How is rented for $1300.00. Home will be sold as is where is. Will not be allowed to view inside the property until offer is accepted.

  Fred Sengstacke KAIZEN Realty, LLC

  4511 Sumners Wells Rd, Memphis, TN 38118
• 

  

  /9

  $125,000

  • 4 Beds
  • 2 Baths
  • 1,634 Sq Ft

  4460 Sumners Wells Rd, Memphis, TN 38118

  Cash flowing duplex with gross rents of $1225 per month. Brick 2br/1ba per side with CH/A. Newer roof; Rent roll attached to listing. Also available from same owner 4466-68 Sumners Wells Rd. Both duplexes are side by side. This property has been professionally managed by Leco Realty for many years. Please drive by and do not disturb tenants. Make offers subject to inspections and sold subject to

  Lowell Brister Leco Realty, Inc.

  4460 Sumners Wells Rd, Memphis, TN 38118
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  /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
• 

  

  /13

  $210,000 New Construction

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

  5259 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

  5259 Zodiac Rd, 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
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  /33

  $114,900

  • 3 Beds
  • 1.5 Baths
  • 935 Sq Ft

  4725 Lofts Rd, Memphis, TN 38118

  Cozy 3-bed, 1.5-bath Memphis home in Parkway Village-Oakhaven! 935 sq ft of comfortable living on a 6,969?sq?ft lot. Bright living space, functional kitchen, and flexible dining area. Driveway parking, great location near schools, shopping, and highways. Perfect for first-time buyers or investors—move in or rent out with ease!

  Tiffany Jones Trelora Realty

  4725 Lofts Rd, Memphis, TN 38118
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  /9

  $60,000

  • 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 NO BLIND OFFERS OR WHOLESALE.

  Kevin Brown eXp Realty, LLC

  4729 Wild Plum Ct Unit 112, Memphis, TN 38118
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  /4

  $150,000

  • Land
  • 0.54 Acre
  • $277,778 per Acre

  4140 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

  4140 E Shelby Dr, Memphis, TN 38118
• 

  /2

  $74,000

  • Land
  • 9.02 Acres
  • $8,204 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
• 

  

  /8

  $112,500

  • 3 Beds
  • 1 Bath
  • 950 Sq Ft

  3076 Jean Dr, Memphis, TN 38118

  Good looking 3 bedroom brick and frame home. New carpet, new faucet and new water heater. Good tenants on a 2 year lease at $1200 per month. Make ofers subject to inspection.

  Jimmie Tapley Crye-Leike, Inc., REALTORS

  3076 Jean Dr, Memphis, TN 38118
• 

  

  /13

  $140,000

  • 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 $5500 BUYER BONUS TOWARD BUYER CLOSING COST, BUY DOWN, HOME WARRANTY, OR APPLIANCE ALLOWANCE AT CLOSING.

  Fredrick Cunningham Keller Williams

  5147 Walton Lake, Memphis, TN 38118
• 

  

  /40

  $119,900

  • 3 Beds
  • 1 Bath
  • 1,046 Sq Ft

  4528 Sugar Creek Rd, 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

  4528 Sugar Creek Rd, Memphis, TN 38118
• 

  /2

  $210,000 New Construction

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

  5283 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

  5283 Zodiac Rd, Memphis, TN 38118
• 

  /2

  $49,000

  • Land
  • 2.98 Acres
  • $16,443 per Acre

  3366 E Shelby Dr Unit 1, 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 Unit 1, 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 $1045/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
• 

  

  /5

  $225,000

  • 4 Beds
  • 2 Baths
  • 2,019 Sq Ft

  4845 Summerview Ave, Memphis, TN 38118

  Welcome to this beautifully newly renovated 4-bedroom, 2-bath ranch-style home that perfectly blends modern updates with comfortable living. From the moment you arrive, you’ll appreciate the home’s inviting curb appeal and thoughtfully updated interior.

  Marquela Jones BenchMark REALTORS, LLC

  4845 Summerview Ave, Memphis, TN 38118
• 

  

  /7

  $825,000

  • Land
  • 58.81 Acres
  • $14,028 per Acre

  5425 Tchulahoma Rd, Memphis, TN 38118

  POSITIONED IN A RAPIDLY EXPANDING LOGISTICS AND DISTRIBUTION CORRIDOR IN SOUTH MEMPHIS, TENNESSEE, THIS 58.2± ACRE TRACT ON TCHULAHOMA ROAD IN SHELBY COUNTY OFFERS AN OUTSTANDING DEVELOPMENT AND INVESTMENT OPPORTUNITY NEAR ONE OF THE REGION’S MOST ACTIVE INDUSTRIAL HUBS. Located just 0.6± miles from the Amazon Distribution Center and approximately 6.1 miles from Memphis International Airport, the

  Stephen Martin Small Town Hunting Properties

  5425 Tchulahoma Rd, Memphis, TN 38118

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