Homes for Sale in 38127

• 

  

  

  /15

  $110,000

  $20K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,155 Sq Ft

  5096 Belfast Dr, Memphis, TN 38127

  SIGNIFICANT PRICE REDUCTION- PRICED FOR A QUICK SALE !!Great-looking rehab - perfect for a first-time buyer (ask about USDA financing) or a smart investment opportunity. The seller has completed major updates, including a brand-new dimensional roof, fresh interior and exterior paint, new A/C condenser and furnace A-coil, updated fans and light fixtures, plus a new stove, microwave, and hot water

  

  Steve Boysen

  Crye-Leike, Inc., REALTORS

  5096 Belfast Dr, Memphis, TN 38127
• 

  

  /2

  $98,500

  $31K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,301 Sq Ft

  2016 Lauretta Ave, Memphis, TN 38127

  REDUCED! REDUCED TO SALE NOW!!! Nice home for Owner Occupant or Investor. Lauretta is being "Sold As Is', mostly cosmetic. With a fresh coat of paint and minor repairs, the property's value could increase by $150,000. Offering 4 bedrooms & 2 baths, LR and eat-in kitchen. Central H/A, H/W Tank replaced in 2023, wrought iron doors, patio with an entertaining Backyard & 1-Car Carport. What a Great

  Erma Williams Crye-Leike, Inc., REALTORS

  2016 Lauretta Ave, Memphis, TN 38127
• 

  

  

  /8

  $99,000

  $18K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,412 Sq Ft

  3731 Helmwood St, Memphis, TN 38127

  Great starter home with 3 bedrooms, 1.5 baths, plus a Living room, den, and an extra room that can be a sun room or multi-purpose room. The low price is also great if you're looking for an investment property. This home has a deck on the back plus 2 storage spaces. Large fenced back yard. Just needs updating and a little love from a new owner. Backup purposes. Contract falling out.

  Vanessa Marshall BenchMark REALTORS, LLC

  3731 Helmwood St, Memphis, TN 38127
• 

  

  

  /35

  $84,900

  $15K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,112 Sq Ft

  3691 Ardmore St, Memphis, TN 38127

  This beautiful 3 bedroom 1 bathroom home is equipped with plenty of storage space. This home comes equipped with vinyl plank flooring , a stand-up bar area inside the kitchen, a laundry room with washer and dryer connections, spacious-dining and living area with all bedrooms spacious enough for queen-sized beds. One bedroom even includes an antique built-in bookshelf for the convenience of space

  Tiffany Jones Trelora Realty

  3691 Ardmore St, Memphis, TN 38127
• 

  

  

  /7

  $130,000

  $15K PRICE INCREASE

  • 3 Beds
  • 1.5 Baths
  • 1,281 Sq Ft

  2577 Achaean Ave, Memphis, TN 38127

  Wonderful investment property. If you are looking to start a portfolio or experienced investor this is the 3 bed 2 bathroom property for you. Long term tenant in place. NO SHOWING WITHOUT AN ACCEPTED CONTRACT. PROPERTY BEING SOLD AS-IS. No wholesale.

  Kevin Brown eXp Realty, LLC

  2577 Achaean Ave, Memphis, TN 38127
• 

  

  /18

  $150,000

  • 3 Beds
  • 1 Bath
  • 1,778 Sq Ft

  1274 Frayser Blvd, Memphis, TN 38127

  Charming property located at 1274 Frayser Road offering great potential for homeowners or investors alike. This home features a spacious layout, ample yard space, and convenient access to nearby schools, shopping, and major roadways. With a little vision, this property can truly shine. Schedule your showing today!

  Shekila Shields KAIZEN Realty, LLC

  1274 Frayser Blvd, Memphis, TN 38127
• 

  

  /15

  $88,950

  $10K PRICE INCREASE

  • 2 Beds
  • 1 Bath
  • 1,480 Sq Ft

  2800 Mountain Terrace St, Memphis, TN 38127

  Spacious two bedrooms and 1 bath single family house in Frayser area on a huge 1.3 acre wooded lot available at a discounted price! The home features two bedrooms in addition to a large family room with a handsome fireplace which can be used as a third bedroom. Original hardwood floors are level and in excellent condition (recently refinished). Updated ceiling fans and lighting fixtures in most

  Sam Hanks Broker South Realty

  2800 Mountain Terrace St, Memphis, TN 38127
• 

  /2

  $124,900

  $4K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,339 Sq Ft

  2287 Pamela Dr, Memphis, TN 38127

  Being sold “as-is,” this charming 3-bedroom, 1.5-bath home is tucked away in a quiet court surrounded by other homes being beautifully updated—making it a great opportunity for homeowners and investors alike. Recently renovated, this home features fresh, modern finishes throughout, while still leaving room to make it your own. Don’t miss your chance to own this hidden gem in an up-and-coming

  

  Kyle Couvion

  Reid, REALTORS

  2287 Pamela Dr, Memphis, TN 38127
• 

  

  /13

  $85,000

  • 3 Beds
  • 2 Baths
  • 1,600 Sq Ft

  3240 N Watkins St, Memphis, TN 38127

  Great opportunity! This property is currently zoned for commercial use and is ready to operate, but it can be converted to residential use by making interior modifications to meet residential code requirements. This property already features many important updates, including a new roof, HVAC system, water heater, fresh interior and exterior paint, an updated electrical system with new interior

  

  Africa McCloy

  Crye-Leike, Inc., REALTORS

  3240 N Watkins St, Memphis, TN 38127
• 

  

  /3

  $124,900

  • 3 Beds
  • 1 Bath
  • 971 Sq Ft

  3302 N Watkins St, Memphis, TN 38127

  Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $1005/month. The lease ends on 4/30/2027. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3302 N Watkins St, Memphis, TN 38127
• 

  /2

  $10,000

  • Land
  • 7,840 Sq Ft
  • $55,556 per Acre

  0 Clifton Ave, Memphis, TN 38127

  Excellent opportunity for investors or builders to develop on this Memphis lot. Ideal for a new construction rental or resale property, with a convenient location close to everyday amenities and easy access to major highways.

  Crystal Mitchell Renshaw Company, REALTORS

  0 Clifton Ave, Memphis, TN 38127
• 

  

  /32

  $69,900

  $15K 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
• 

  

  /16

  $29,990

  $10K 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

  $94,900

  $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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  /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

  Currently leased at $900 per month through 04/16/2028. Investor-ready opportunity in a consistent Memphis rental corridor. This well-kept home features a functional layout with comfortable living spaces, durable finishes, and good natural light throughout. Recent updates improve overall efficiency and help minimize ongoing maintenance. The kitchen offers practical design with ample cabinetry,

  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

  Currently leased at $1,150/month on a month-to-month term. Investor-friendly opportunity in a stable Memphis rental market. This well-maintained home offers a functional layout with comfortable living spaces, durable flooring, and good natural light throughout. Recent updates enhance efficiency and help minimize maintenance. The kitchen features ample cabinetry and practical flow, while the

  James Wachob Foundation Property Management

  1863 Willow Wood Ave, Memphis, TN 38127
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  /33

  $64,900

  $25K 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
• 

  

  /5

  $102,000

  $3K PRICE DROP

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

  3382 Frayser School Dr, Memphis, TN 38127

  Currently leased at $1,165 per month through 01/31/2027. Turnkey investment opportunity with strong potential. This well-maintained property features recent updates including a newer roof, updated HVAC system, refreshed kitchen finishes, and durable flooring throughout. Bathrooms have been improved with modern fixtures, adding to the home’s overall appeal. The property presents in solid condition

  James Wachob Foundation Property Management

  3382 Frayser School Dr, Memphis, TN 38127
• 

  

  /3

  $86,000

  $3K PRICE DROP

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

  1907 Kingsley Ave, Memphis, TN 38127

  This property is leased at $895 per month through 03/2028. A classic brick ranch on a spacious lot with strong long-term appeal. This 3-bedroom, 1.5-bath home offers approximately 1,046 SF, hardwood flooring, a functional single-level layout, covered parking, and central HVAC. The property presents a solid exterior with mature landscaping and established neighborhood surroundings. Interior spaces

  James Wachob Foundation Property Management

  1907 Kingsley Ave, Memphis, TN 38127
• 

  

  /3

  $91,000

  $3K PRICE DROP

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

  1688 Haywood Ave, Memphis, TN 38127

  Currently leased at $995 per month through 05/06/2026 A classic brick exterior, hardwood floors, and functional single-story layout with 3 bedrooms and 1.5 baths. Large windows provide abundant natural light, while the spacious lot offers added flexibility and long-term appeal. The property appears to be in solid overall condition with a well-maintained exterior and clean interior spaces.

  James Wachob Foundation Property Management

  1688 Haywood Ave, Memphis, TN 38127
• 

  

  /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
• 

  /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
• 

  /2

  $44,000

  $1K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 900 Sq Ft

  1211 Canfield Ave, Memphis, TN 38127

  Home being sold AS IS and needs TLC/work. Seller will not connect utilities. Photos reflect the property's potential. This property has a projected monthly rent of $675. Investor opportunity with strong potential! This 3BR/1BA home offers ~900 SF on a generous lot with a functional layout, bright living area, eat-in kitchen, and hard-surface flooring throughout. Recent updates include HVAC,

  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
• 

  /2

  $103,750

  • 3 Beds
  • 1 Bath
  • 1,125 Sq Ft

  760 Margie Dr, Memphis, TN 38127

  Currently leased at $950 per month through 03/03/2027. Investor-friendly opportunity in a stable Memphis rental market. This well-maintained home features a functional layout with bright living areas, durable flooring, and updated finishes that support low maintenance ownership. Recent improvements enhance efficiency and long-term value. The kitchen offers ample cabinetry and practical flow,

  James Wachob Foundation Property Management

  760 Margie Dr, Memphis, TN 38127
• 

  

  /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
• 

  

  /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
• 

  

  /35

  $74,900

  $20K 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
• 

  

  /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
• 

  

  /31

  $69,900

  $30K 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
• 

  

  /19

  $115,000

  $10K 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

  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
• 

  

  /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
• 

  

  /20

  $93,999

  $76K 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,

  Vicki Testerman 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

Showing Results 121 - 160, Page 4 of 7