Homes for Sale in 38127

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  /32

  $79,900

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,004 Sq Ft

  794 Margie Dr, Memphis, TN 38127

  Charming 3-bedroom, 1-bath ranch in a quiet Memphis neighborhood! This single-story home features a spacious living room, functional kitchen, and an attached carport. Perfect for first-time buyers or investors, the property offers easy access to I-240 and local amenities. Don’t miss this opportunity to own a piece of Shelby County real estate!

  Alexis Martz Trelora Realty

  794 Margie Dr, Memphis, TN 38127
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  /16

  $37,500

  $3K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,287 Sq Ft

  1002 Creston Ave, Memphis, TN 38127

  3 bed, 1 bath home situated on a large lot in the growing Frayser area—perfect for investors looking to add value. This property offers strong upside potential with the right renovation and vision. While the home requires a full rehab, its layout and lot size provide an excellent foundation for a long-term rental or resale project. Conveniently located near major employers, shopping, and everyday

  Lawson Roberts Renshaw Company, REALTORS

  1002 Creston Ave, Memphis, TN 38127
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  /4

  $97,000

  • 2 Beds
  • 1 Bath
  • 616 Sq Ft

  695 Marsh Ave, Memphis, TN 38127

  Turnkey investment opportunity at 695 Marsh Ave in Memphis. This two bedroom, one bathroom property is tenant occupied with immediate cash flow. Interior has been renovated and interior photos are available upon request. Current rent is $993 per month with a 10% late fee after the 5th. Lease is in place from 01/20/2026 through 01/19/2027 providing stable, predictable income. Tenant is responsible

  Jose Adan Leal Garcia Fast Track Realty, LLC

  695 Marsh Ave, Memphis, TN 38127
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  /40

  $95,000

  $5K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,275 Sq Ft

  4100 Cliffdale St, Memphis, TN 38127

  Turnkey investment opportunity in the heart of 38127! This tenant-occupied 3-bedroom, 1.5-bath home offers immediate cash flow with a current rental rate of $1,050/month. Featuring a functional layout and a convenient carport, this property is ideal for investors looking to expand their portfolio with a performing asset. Located in a stable rental area with consistent demand, this home provides

  Caleb Parr Renshaw Company, REALTORS

  4100 Cliffdale St, Memphis, TN 38127
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  /12

  $129,900

  $5K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,187 Sq Ft

  919 Chesterton Dr, Memphis, TN 38127

  Turnkey investment opportunity with immediate cash flow! This tenant-occupied property generates $1,350/month, with a tenant in place since October 2025, providing stable income and reduced vacancy risk. Located in an unincorporated area with low county taxes, helping maximize investor returns. Ideal for both new and seasoned investors, with potential eligibility for various financing options,

  David Truong eXp Realty, LLC

  919 Chesterton Dr, Memphis, TN 38127
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  /34

  $94,900

  $10K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,463 Sq Ft

  3251 Aden St, Memphis, TN 38127

  Welcome to this inviting 3-bedroom, 1-bathroom traditional home located in the established Frayser community. This property offers a practical layout with a spacious living room that flows into a dedicated dining area, perfect for family gatherings. The interior features neutral tones and durable flooring throughout, providing a move-in-ready canvas for its next owner.

  Christopher Stjernholm Trelora Realty

  3251 Aden St, Memphis, TN 38127
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  /8

  $88,500

  • 2 Beds
  • 1 Bath
  • 744 Sq Ft

  2034 Driftwood Ave, Memphis, TN 38127

  INVESTERS ONLY. Tenant occupied property being marketed to investors. This can be a great addition to your rental portfolio. Property is Professionally managed by Reedy and Company. This 2 bed 1bath home is rented at $925/mo. Many homes in this area are being rehabbed and sold for more money. No sign. PLEASE DO NOT APPROACH OR DISTURB TENANT. Make all offers contingent on an interior inspection.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2034 Driftwood Ave, Memphis, TN 38127
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  /2

  $99,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,027 Sq Ft

  3244 Baskin St, Memphis, TN 38127

  Welcome to 3244 Baskin Street in Memphis! This 3-bedroom, 1-bath property offers a solid opportunity for investors looking to grow their portfolio. Featuring a functional layout with comfortable living space and well-sized bedrooms, this home is well-suited for consistent rental income and long-term value. The spacious yard provides additional potential for improvements and added returns.

  James Wachob Foundation Property Management

  3244 Baskin St, Memphis, TN 38127
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  /2

  $105,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,020 Sq Ft

  1863 Willow Wood Ave, Memphis, TN 38127

  Welcome to 1863 Willow Wood Avenue in Memphis! This 3-bedroom, 1-bath property offers a strong opportunity for investors seeking a solid addition to their portfolio. Featuring a functional layout with spacious living areas and well-sized bedrooms, this home is well-suited for steady rental income and long-term value. The property also includes a sizable yard with potential for future improvements

  James Wachob Foundation Property Management

  1863 Willow Wood Ave, Memphis, TN 38127
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  /33

  $79,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 990 Sq Ft

  4177 University St, Memphis, TN 38127

  Welcome to this charming 1970s ranch featuring a timeless brick and vinyl exterior. The front of the home is highlighted by a series of large, arched windows that flood the interior with natural light. Inside, you will find original hardwood flooring throughout the main living areas and all three bedrooms. The floor plan features a seamless flow between the kitchen and dining areas, creating an

  Christopher Stjernholm Trelora Realty

  4177 University St, Memphis, TN 38127
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  /5

  $102,000

  $3K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,670 Sq Ft

  3382 Frayser School Dr, Memphis, TN 38127

  Solid 3-bedroom, 1.5-bath brick ranch built in 1957 with approximately 1,600 sq ft, featuring hardwood, tile and carpet floors, a carport, and a generous 0.38-acre lot in the vibrant Frayser neighborhood. TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Leased through 01/31/2027 at $1,165/month.

  James Wachob Foundation Property Management

  3382 Frayser School Dr, Memphis, TN 38127
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  /35

  $94,900

  $5K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 1,401 Sq Ft

  2495 Hargrove Ave, Memphis, TN 38127

  Welcome to this functional ranch-style home featuring a versatile floor plan and plenty of living space. A proper 11x4 foyer entry leads into the interior, where you will find durable tile flooring throughout the main areas and comfortable carpet in the bedrooms. This residence includes a spacious 15x13 bonus room within the living area, providing extra room for the perfect flex space. The

  Tiffany Jones Trelora Realty

  2495 Hargrove Ave, Memphis, TN 38127
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  /34

  $79,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,026 Sq Ft

  2525 Wellons Ave, Memphis, TN 38127

  Welcome to this well-crafted 1990s ranch-style home, featuring a durable, mostly brick exterior accented with low-maintenance vinyl. The interior welcomes you with timeless hardwood flooring that flows throughout the three bedrooms and common areas. This traditional floor plan offers distinct, separate spaces for the living room, formal dining area, and a functional kitchen, providing a sense of

  Christopher Stjernholm Trelora Realty

  2525 Wellons Ave, Memphis, TN 38127
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  /3

  $86,000

  $3K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,046 Sq Ft

  1907 Kingsley Ave, Memphis, TN 38127

  3-bedroom, 1.5-bath ranch built in 1957 with approximately 1,046 sq ft, hardwood flooring throughout, a carport, and a generous ~0.29-acre lot in the Frayser neighborhood. TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Leased through 03/2028 at $895/month.

  James Wachob Foundation Property Management

  1907 Kingsley Ave, Memphis, TN 38127
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  /3

  $91,000

  $3K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,277 Sq Ft

  1688 Haywood Ave, Memphis, TN 38127

  Welcome to 1688 Haywood AVE! This charming 3-bedroom, 1.5-bath single-story brick home built in 1958 with approximately 1,200 sq ft, hardwood floors, large windows for natural light, and a spacious 0.31-acre lot in the Moores Land/Frayser neighborhood. TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Leased through 5/06/2026 at $995/month.

  James Wachob Foundation Property Management

  1688 Haywood Ave, Memphis, TN 38127
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  /19

  $79,900

  $3K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,021 Sq Ft

  2189 Lisa Ave, Memphis, TN 38127

  This 3-bedroom, 1-bath home is a fantastic opportunity in a well-established Memphis neighborhood. Conveniently located this property offers easy access to everything you need. This property is perfect for first-time buyers looking for affordability and opportunity in the Memphis market. Don’t miss your chance to own this promising property!

  Cesar Lara Fast Track Realty, LLC

  2189 Lisa Ave, Memphis, TN 38127
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  /2

  $97,500

  • 3 Beds
  • 1 Bath
  • 1,100 Sq Ft

  3740 Ladue St, Memphis, TN 38127

  Immediate cash flow from this occupied 3-bed, 1-bath rental leased at $975/month to a long-term tenant in place since 2016. Lease runs through April 2026 for stable income and low vacancy risk. Ideal add to a buy-and-hold portfolio. Property sold AS-IS. Please do not disturb the tenant. Inspection can be scheduled once an accepted offer is in place.

  James Johnson Crestcore Realty, LLC

  3740 Ladue St, Memphis, TN 38127
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  /12

  $124,900

  • 3 Beds
  • 1.5 Baths
  • 1,364 Sq Ft

  3641 Gillie St, Memphis, TN 38127

  Do not miss this wonderful opportunity in Berclair! This property has a fresh rehab and would be suitable for an owner occupant or an investor. The property is centrally located near tons of jobs and commerce and you can be anywhere in the city in 15 min. No wholesaler or assignment of contract offers will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3641 Gillie St, Memphis, TN 38127
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  /12

  $99,900

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 952 Sq Ft

  3278 N Watkins St, Memphis, TN 38127

  This property would be great for an owner-occupant or an investor in the area. Freshly rehabbed and ready for a move-in! This property is near jobs, commerce and shopping and easy access to Highway 240. No wholesaler or assignment of contract offers will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3278 N Watkins St, Memphis, TN 38127
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  /2

  $45,000

  • 3 Beds
  • 1 Bath
  • 900 Sq Ft

  1211 Canfield Ave, Memphis, TN 38127

  INVESTORS here is your chance to purchase a value add property!! This 3bd 1ba home offers a spacious living area, gally kitchen, and a generously sized backyard. Property needs TLC/work and is being sold AS-IS—don’t miss this opportunity!

  James Wachob Foundation Property Management

  1211 Canfield Ave, Memphis, TN 38127
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  /11

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,082 Sq Ft

  2232 Amethyst Cove, Memphis, TN 38127

  Excellent investment opportunity in the desirable Georgian Woods Subdivision! Situated on a premium corner lot in a quiet cove, this property offers strong rental appeal and long-term value. Recently updated in 2025, the home features modern luxury vinyl plank (LVP) flooring, updated countertops, sleek black hardware, and a new water heater, providing a fresh and low-maintenance interior. The

  Trevor Wallace Crye-Leike, Inc., REALTORS

  2232 Amethyst Cove, Memphis, TN 38127
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  /2

  $103,750

  • 3 Beds
  • 1 Bath
  • 1,125 Sq Ft

  760 Margie Dr, Memphis, TN 38127

  Welcome to 760 Margie Drive, a charming and well-maintained home tucked away in a serene setting in Memphis, TN 38127. Featuring 3 bedrooms and 1 bathroom, the layout is both functional and cozy, providing a warm and welcoming atmosphere for everyday living. This property offers an excellent opportunity for investors seeking immediate rental income. Whether you're looking to expand your portfolio

  James Wachob Foundation Property Management

  760 Margie Dr, Memphis, TN 38127
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  /14

  $135,000

  $4K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,858 Sq Ft

  1908 Macaulay Ave, Memphis, TN 38127

  3BR 2Bath1858 Sq Ft, well maintained home. Has a large yard, in a great neighborhood next to Georgian Park! Currently rented $1,200 per month, with lease expiring November 2026. DO NOT DISTURB TENANT!

  Brett Bernard The Stamps Real Estate Company

  1908 Macaulay Ave, Memphis, TN 38127
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  /5

  $10,000

  • Land
  • 9,147 Sq Ft
  • $47,619 per Acre

  0 Glen Rd Unit 10217949, Memphis, TN 38127

  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

  0 Glen Rd Unit 10217949, Memphis, TN 38127
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  /5

  $10,000

  • Land
  • 14,810 Sq Ft
  • $29,412 per Acre

  2517 Henderson St, Memphis, TN 38127

  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

  2517 Henderson St, Memphis, TN 38127
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  /33

  $89,900

  $10K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,418 Sq Ft

  3773 Schoolfield Rd, Memphis, TN 38127

  Charming brick veneer home in a well-established Frayser neighborhood. Features 3 bedrooms, 1.5 baths, spacious living areas, and a functional kitchen. Enjoy a level, landscaped lot with fenced backyard, front porch, and rear patio—perfect for outdoor living. Includes 2-car garage and additional storage. Convenient location near schools, parks, and major roadways. Move-in ready and full of

  Alexis Martz Trelora Realty

  3773 Schoolfield Rd, Memphis, TN 38127
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  /35

  $84,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,078 Sq Ft

  4989 Mike Dr, Memphis, TN 38127

  This durable brick residence, built in 1972, offers a spacious 1,078 sqft floor plan with 3 bedrooms and 1 bathroom. The interior is designed for easy maintenance with tile flooring throughout the entire home and classic vertical wood paneling. The layout features both a formal living room and a substantial 13x13 family room, providing ample space for peaceful home life. The living area is

  Christopher Stjernholm Trelora Realty

  4989 Mike Dr, Memphis, TN 38127
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  /18

  $119,000

  $9K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,026 Sq Ft

  5163 Broken Oak Dr, Memphis, TN 38127

  Price improvement on this adorable 3 bedroom 1 bath!!! Amazing opportunity with all the work done and extras included at this price and fully renovated. Move in ready! Freshly painted inside and out. Do you want a home where you are paying for your own place instead of paying a landlord? Come and check this one out. You will see 3 photos with furniture and more that are virtually staged. This

  Saprina Bowman Crye-Leike, Inc., REALTORS

  5163 Broken Oak Dr, Memphis, TN 38127
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  /31

  $89,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,092 Sq Ft

  608 Northaven Dr, Memphis, TN 38127

  This classic 1,092 sqft brick residence, built in 1971, offers a functional 3-bedroom, 1-bathroom layout in the Northaven community. The interior features original hardwood flooring throughout the main living areas and bedrooms, providing a timeless and durable finish. The home includes a dedicated driveway for convenient off-street parking. The exterior space is a highlight, featuring a large

  Alexis Martz Trelora Realty

  608 Northaven Dr, Memphis, TN 38127
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  /33

  $84,900

  $5K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,148 Sq Ft

  3150 Parham St, Memphis, TN 38127

  Charming 3-bedroom, 1.5-bath home at 3150 Parham! This well-maintained, single-story residence features a comfortable layout with spacious living areas and a functional kitchen. The backyard offers plenty of space for outdoor activities or entertaining. Conveniently located near schools, shopping, and major roadways, this home is perfect for first-time buyers or investors looking for a great

  Tiffany Jones Trelora Realty

  3150 Parham St, Memphis, TN 38127
• 

  

  /19

  $117,000

  $8K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 992 Sq Ft

  2158 Pueblo Ave, Memphis, TN 38127

  Take advantage of powerful homebuyer programs that can make ownership more affordable than ever, including potential 0% down payment options & first-time buyer assistance through CCM Smart Start with up to $5,250 available as a grant that does not have to be repaid. Located in one of the quietest pockets of Frayser in 38127, this move-in ready 3-bedroom, 1-bath home offers just under 1,000 square

  

  Jordan Ray

  eXp Realty, LLC

  (901) 660-5595

  2158 Pueblo Ave, Memphis, TN 38127
• 

  

  /15

  $229,500

  • Land
  • 356 Acres
  • $645 per Acre

  0 Overton Crossing St, Memphis, TN 38127

  Big Oaks Hunting Club has one equity share available for purchase, offering a rare opportunity to own part of a premium, multi-species hunting property just inside the city of Memphis. Big Oaks provides the unique chance to hunt deer, turkey, and ducks all on the same tract, a combination that is hard to find this close to town. The kicker is location: Big Oaks sits only 10 miles from East

  Fargason Erb Burch Realty Group, LLC

  0 Overton Crossing St, Memphis, TN 38127
• 

  

  /23

  $128,000

  $12K PRICE DROP

  • 6 Beds
  • 3 Baths
  • 2,744 Sq Ft

  3273 Steele St, Memphis, TN 38127

  Investor Special, Spacious 6-bedroom, 2-bath home situated on a corner lot. This property is perfect for investors or savvy buyers looking for a fixer-upper with strong upside. This home does need repairs and is being sold As Is, making it an ideal opportunity for those ready to bring their vision to life. There is also a unique opportunity to purchase this home as part of a package deal with two

  Candice Hardaway Keller Williams

  3273 Steele St, Memphis, TN 38127
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  /11

  $110,000

  $15K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,547 Sq Ft

  1871 Thrift Ave, Memphis, TN 38127

  Welcome to 1871 Thrift Ave, a charming single-story home full of potential and character. This 3-bedroom, 1-bath. Inside, you’ll find generously sized rooms, including comfortable bedrooms and a dining area, perfect for gatherings and everyday living. New plumbing, New roof, and New electric. The owner is offering a unique investment opportunity with the option to purchase this home as part of a

  Candice Hardaway Keller Williams

  1871 Thrift Ave, Memphis, TN 38127
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  /11

  $82,000

  $8K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 866 Sq Ft

  892 Restbrook Ave, Memphis, TN 38127

  Low Maintenance Home with a Recent Roof ~ New HVAC ~ Vinyl Siding ~ No Carpet ~ Ready for a First Time Homebuyer or Investor ~ Updated Bath with Tile ~ Plenty of Kitchen Cabinets with new countertops ~ Fresh Paint ~ Market rent $950~ Reach out for a video ~ Owner/agent.

  Taj Schuerman Keller Williams Realty

  892 Restbrook Ave, Memphis, TN 38127
• 

  

  /16

  $145,000

  • 4 Beds
  • 1 Bath
  • 1,100 Sq Ft

  4362 Suncrest Dr, Memphis, TN 38127

  This is a turnkey property ready for an owner/occupant or a landlord. Newly renovated completed in 2026. All new roof, HVAC, mechanicals, appliances, electrical, plumbing, sheetrock and paint.

  Geoffrey Diaz 901, REALTORS

  4362 Suncrest Dr, Memphis, TN 38127
• 

  

  /20

  $139,500

  $30K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,235 Sq Ft

  3277 Ashland St, Memphis, TN 38127

  Charming one-story home featuring 3 bedrooms and 1 bathroom with a functional and comfortable layout. The living area offers plenty of natural light, creating a warm and inviting space for everyday living. The kitchen provides ample cabinet and counter space, ideal for meal preparation and gatherings. Spacious bedrooms offer flexibility for a variety of needs. Enjoy relaxing on the front porch,

  Rochele Minerd Mainstay Brokerage, LLC

  3277 Ashland St, Memphis, TN 38127
• 

  

  /11

  $149,900

  • 4 Beds
  • 2 Baths
  • 1,296 Sq Ft

  3844 Ajanders Dr, Memphis, TN 38127

  **********Tenant occupied – please do not disturb tenant. No showings without an accepted offer. ************ Well-maintained 4-year-old home conveniently located near major employers including Nike and Amazon. This 4-bedroom, 2-bath home features an open-concept living area that flows seamlessly into the kitchen, complete with a center island ideal for meal prep and gathering. The home also

  Ben Strauch Skyline Realty

  3844 Ajanders Dr, Memphis, TN 38127
• 

  

  /25

  $156,000

  $13K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,269 Sq Ft

  4589 Range Line Rd, Memphis, TN 38127

  Charming 4-Bedroom, 2-Bath Home – Perfect for Living or Investing Welcome to this well-maintained 4-bedroom, 2-bathroom home offering 1,269 sq ft of comfortable living space. Whether you’re searching for the perfect primary residence or a smart investment property, this home checks all the boxes. Step inside to find a bright and inviting layout designed for easy living. The home’s low-maintenance

  Princess Parker Crye-Leike, Inc., REALTORS

  4589 Range Line Rd, Memphis, TN 38127
• 

  

  /17

  $79,900

  • 3 Beds
  • 1 Bath
  • 870 Sq Ft

  2551 Dakar Ave, Memphis, TN 38127

  Lovely 3 bedroom 1bathroom home in 38127 community that is in nice condition, and ready for you to buy! There is a lot of exciting development in this area (Tons of new construction... large amount of growth and activity nearby). Home has central heat and air, new interior paint (2026), large driveway, new landscaping (2026), new roof (2023), new water heater (2025), big backyard, and in a very

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2551 Dakar Ave, Memphis, TN 38127

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