Homes for Sale in 38127

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  /5

  $6,500

  • Land
  • 6,969 Sq Ft
  • $40,625 per Acre

  2492 Smith Ridge Rd, Memphis, TN 38127

  This prime vacant lot is your golden ticket to homeownership or smart investing in the up-and-coming Frayser neighborhood! Priced to move, this spacious parcel of approximately 0.16 acres delivers a ready-to-build foundation in an established area showing real momentum. Right next door? A stunning new construction home completed in 2023, signaling fresh energy, rising values, and proof that

  Rebecca Edwards Keller Williams

  2492 Smith Ridge Rd, Memphis, TN 38127
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  /12

  $95,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,134 Sq Ft

  5378 Beaverton Dr, Memphis, TN 38127

  INVESTERS ONLY!!! Nice 3 bedroom 1 bathroom home currently being rented for $850/mo. Home was substantially rehabbed in 2026 and is in good condition. Brick exterior and roof appears to be in good shape. This property is professionally managed and has NO CITY TAXES. This could be a great addition to your portfolio. No sign in the yard. Please do not disturb or approach the tenant.ONLINE VIDEO

  Tyler Tapley Crye-Leike, Inc., REALTORS

  5378 Beaverton Dr, Memphis, TN 38127
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  /39

  $399,999

  $60K PRICE DROP

  • 4 Beds
  • 3.5 Baths
  • 2,851 Sq Ft

  6224 Benjestown Rd, Memphis, TN 38127

  Back on the market with a price improvement! Extensively renovated with over $100,000 in upgrades, this property has been thoughtfully transformed inside and out. The open layout creates a smooth transition between the main living areas, offering a welcoming and functional design. The kitchen is a standout with brand-new appliances, a 6-burner gas range, and a pot filler that adds both style and

  Elisha Fritz The Home Partners Realty

  6224 Benjestown Rd, Memphis, TN 38127
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  /18

  $119,900

  • 3 Beds
  • 1 Bath
  • 970 Sq Ft

  1680 Haywood Ave, Memphis, TN 38127

  Property is rented at $995 through 3/31/27. Property received a full renovation in late 2023. Notable updates include new HVAC (2023), new roof (2023), new water heater (gas - 2023), fully renovated kitchen and hall bath. Full scope of work available upon request. Tenant ledger available upon signed contract.

  Adam Thornton Marathon REALTORS, LLC

  1680 Haywood Ave, Memphis, TN 38127
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  /3

  $35,000

  • Land
  • 26,136 Sq Ft
  • $58,333 per Acre

  1133 Saunders Ave, Memphis, TN 38127

  Looking for investor, business owners or home owners. Nice level lot. Will take all cash. Drive by and take a look.

  

  Jo Mathes

  Pinnacle Realty

  1133 Saunders Ave, Memphis, TN 38127
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  /2

  $79,900

  • 2 Beds
  • 1 Bath
  • 726 Sq Ft

  1999 Sipes Ave, Memphis, TN 38127

  Investment opportunity waiting for you! Professionally managed and tenant occupied home. Property is currently rented for $700/mo. Video walk through available upon request. Do not approach or disturb tenant. No showings without an accepted offer.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1999 Sipes Ave, Memphis, TN 38127
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  /14

  $119,900

  • 3 Beds
  • 1 Bath
  • 1,006 Sq Ft

  5319 Braden Dr, Memphis, TN 38127

  INVESTORS ONLY!!! Lovely 3bed 1 bath home just rented out. This could be a great addition to your portfolio. Home was substantially repaired in 2023. Roof, A/C, and water heater should all be less than 5 years old. No sign in the yard. Please do not disturb or approach the tenant. Professionally managed --- Leases, ledgers repair history available upon request. NO SHOWINGS WITHOUT AN ACCEPTED

  Tyler Tapley Crye-Leike, Inc., REALTORS

  5319 Braden Dr, Memphis, TN 38127
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  /5

  $99,900

  • 3 Beds
  • 1 Bath
  • 860 Sq Ft

  827 Par Ave, Memphis, TN 38127

  INVESTORS ONLY!!! Lovely 3bed 1 bath home currently rented at $950/mo. This could be a great addition to your portfolio. Home was substantially rehabbed in 2022. Roof, A/C, and water heater should all be less than 10 years old. No sign in the yard. Please do not disturb or approach the tenant. Professionally managed --- Leases, ledgers repair history available upon request. NO SHOWINGS WITHOUT AN

  Tyler Tapley Crye-Leike, Inc., REALTORS

  827 Par Ave, Memphis, TN 38127
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  /9

  $94,900

  • 3 Beds
  • 1 Bath
  • 1,043 Sq Ft

  5323 Plover Dr, Memphis, TN 38127

  INVESTORS ONLY!!! Lovely 3bed 1 bath home currently rented at $841/mo. This could be a great addition to your portfolio. No sign in the yard. Please do not disturb or approach the tenant. Professionally managed --- Leases, ledgers repair history available upon request. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. No wholesalers, no assignments, no creative financing or subject to offers please. Seller

  Tyler Tapley Crye-Leike, Inc., REALTORS

  5323 Plover Dr, Memphis, TN 38127
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  /2

  $139,000

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,426 Sq Ft

  2934 N Trezevant St, Memphis, TN 38127

  ATTENTION INVESTORS! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 3-bedroom, 2-bath single-family home is currently generating $1,135/ month in rental income, with the current lease running through 04/30/2027. An opportunity to purchase an income-producing property with a tenant already in place. Please do not disturb the

  James Wachob Foundation Property Management

  2934 N Trezevant St, Memphis, TN 38127
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  /10

  $75,000

  • 3 Beds
  • 1 Bath
  • 1,035 Sq Ft

  4499 Range Line Rd, Memphis, TN 38127

  ATTENTION INVESTORS! PRICE REDUCED! GREAT CASH FLOW OPPORTUNITY! Tenant-occupied 3BR/1BA home renting for $895/month with a stable long-term tenant and lease through May 2026. Renovated in 2022 with new floors, updated kitchen and bath, fresh paint, and much more! Water heater replaced in 2024; roof approx. 5 years old. Professionally managed, maintenance report and tenant ledger available upon

  Jeremy Veldman KAIZEN Realty, LLC

  4499 Range Line Rd, Memphis, TN 38127
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  /12

  $85,000

  $45K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,292 Sq Ft

  3471 Gowan Dr, Memphis, TN 38127

  ATTENTION INVESTORS! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 3-bedroom, 2-bath single-family home is currently generating $1,100/ month in rental income, with the current lease running through 02/19/2027. An opportunity to purchase an income-producing property with a tenant already in place. Please do not disturb the

  James Wachob Foundation Property Management

  3471 Gowan Dr, Memphis, TN 38127
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  /10

  $93,000

  • 3 Beds
  • 1 Bath
  • 890 Sq Ft

  2536 Sunny Hill Dr, Memphis, TN 38127

  ATTENTION INVESTORS! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 3-bedroom, 1-bath single-family home is currently generating $895/ month in rental income, with the current lease running through 05/17/2027. An opportunity to purchase an income-producing property with a tenant already in place. Please do not disturb the tenant.

  James Wachob Foundation Property Management

  2536 Sunny Hill Dr, Memphis, TN 38127
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  /2

  $125,000

  $15K PRICE INCREASE

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

  3566 Ladue St, Memphis, TN 38127

  This property is ready. Hardwood throughout, upgraded units, heating and air and roof. 3 bedrooms and 1.5 baths. Don’t miss this next opportunity to live in established brick home with large picture window, large backyard and shed.

  Marceline Williams LPT Realty, LLC

  3566 Ladue St, Memphis, TN 38127
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  /8

  $89,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,046 Sq Ft

  3162 Periwinkle 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 $1,095/month, month to month. The property has central heating and cooling. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted. Property to be sold as-is

  Dean Harris CrestCore Realty MphsBrokerage

  3162 Periwinkle St, Memphis, TN 38127
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  /7

  $60,000

  • 4 Beds
  • 1 Bath
  • 1,272 Sq Ft

  2984 Benjestown Rd, Memphis, TN 38127

  Four bedroom one bathroom home on quiet street that is being offered at a great price. Property being sold as-is, cash offers only. This home could be worth a lot of money once rehabbed. Super convenient location that is near stores, restaurants, and other amenities. Many homes in this area are being rehabbed and sold for more money. Could be a great primary residence or investment property. Home

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2984 Benjestown Rd, Memphis, TN 38127
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  /29

  $69,900

  $20K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,270 Sq Ft

  2036 Saint Elmo Ave, Memphis, TN 38127

  Charming 3-bedroom home in Frayser! Welcome to 2036 St Elmo Ave, a cozy 1-story home featuring 3 comfortable bedrooms and 1 full bath. This property offers a functional layout, bright living spaces, and a spacious yard perfect for outdoor enjoyment. Conveniently located near schools, shopping, and major routes, it’s a great option for first-time buyers or investors looking for a solid addition to

  Thee Gaines Trelora Realty

  2036 Saint Elmo Ave, Memphis, TN 38127
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  /4

  $79,900

  • 2 Beds
  • 1 Bath
  • 889 Sq Ft

  1573 Jay Cove, Memphis, TN 38127

  INVESTORS ONLY! Tenant occupied 2 bed 1 bath home. Currently rented at $885/mo. This could be a great addition to your rental portfolio. Professionally managed by Mid South Home Rentals. Seller also selling 3483 Julia ($89,900). Can buy in bulk or individually. Make all offers contingent on interior access (no showings until an accepted offer). No sign in the yard. Please do not disturb or

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1573 Jay Cove, Memphis, TN 38127
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  /10

  $119,000

  $7K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,030 Sq Ft

  901 Chesterton Dr, Memphis, TN 38127

  This property is leased at $975 per month through 02/05/2027. Comprehensively renovated with a focus on durability and efficiency, this property offers strong long-term rental appeal. Key improvements include a new HVAC condenser, fully updated kitchen with new cabinetry and fixtures, repaired and refreshed flooring, and extensive interior drywall and paint work. Exterior upgrades feature full

  James Wachob Foundation Property Management

  901 Chesterton Dr, Memphis, TN 38127
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  /15

  $85,000

  $5K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 1,476 Sq Ft

  3091 Range Line Rd Unit 6, Memphis, TN 38127

  Mortgage around $700/month. (no HOA) 3 bedrooms and 2 full bathrooms upstairs. The main floor has two living areas, ideal for relaxing or entertaining, along with a convenient half bath for guests. Close to the interstate for commuters and close to Nike and Amazon for any employees looking to be owner occupants. Open for renters/investors.

  Alicia Taylor The Home Partners Realty

  3091 Range Line Rd Unit 6, Memphis, TN 38127
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  /2

  $85,000

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,077 Sq Ft

  2610 Derbyshire Ave, Memphis, TN 38127

  INVESTORS ONLY! Tenant Occupied property that is currently rented at $939.75/mo. Professionally managed. This can be a great addition to your investment portfolio. (Lease, Ledger available upon request.) No Sign, Make all offers contingent on interior inspection, no Wholesalers, no Assignments, no owner financing or subject to offers will be considered.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2610 Derbyshire Ave, Memphis, TN 38127
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  /39

  $239,000

  $11K PRICE DROP

  • 1 Bed
  • 3,055 Sq Ft

  3590 Thomas St, Memphis, TN 38127

  A landmark could be yours. The Frayser Bauhaus is now available for purchase. DREAM IT. Are you dreaming of a live/work space where you can live an authentic life that integrates your passions and your pastimes, your work and your leisure? The unique layout of the Frayser Bauhaus makes it ideal as a home + studio for any creative or service professional. BUILD IT. Are you looking for the perfect

  Margaret Mikkelsen Marx-Bensdorf, REALTORS

  3590 Thomas St, Memphis, TN 38127
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  /2

  $47,500

  $8K PRICE DROP

  • Land
  • 1.31 Acres
  • $36,260 per Acre

  3539 Schoolfield Rd, Memphis, TN 38127

  Location Location Location! This lot is now available! A little over an acre of land. Suitable for many uses. Not far from Nike and Amazon. Don't miss out on this opportunity! BRING ALL OFFERS!!!** Parcel: 072106-00039C

  Brittan Robbins Real Broker

  3539 Schoolfield Rd, Memphis, TN 38127
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  /2

  $9,000

  $2K PRICE DROP

  • Land
  • 7,405 Sq Ft
  • $52,941 per Acre

  1612 Winston Dr, Memphis, TN 38127

  ?? Build Your Dream Home on This Prime Vacant Lot! ?? ?? Location: Subdivision ANS, Winston Dr ?? Lot Size: 7,800 SQ FT (Approx. 65.39 ft x 60 ft x 142 ft x 116 ft) ?? Total Acres: 0.179 This beautiful, ready-to-build lot is waiting for you! With 7,800 square feet, you'll have plenty of space to create your perfect home or investment property. Nestled in the desirable ANS Subdivision on Winston

  Jerry Harris TRG Real Estate Services, LLC

  1612 Winston Dr, Memphis, TN 38127
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  /14

  $299,000

  $11K PRICE DROP

  • 6 Beds
  • 4 Baths
  • 2,385 Sq Ft

  1725 Ontario Ave, Memphis, TN 38127

  BRAND NEW DUPLEX! To be completed April 15, 2026. Interiors are modern and stylish featuring 3 Bedrooms, 2 full baths. Granite counter tops, large master BR, walk in closets, large master bath, glass shower, separate tub, LVT flooring, maintenance free exterior. PERFECT Cash Flow Investment. No wholesalers- No owner finance offers. Photos are of model duplex with the same floor plan.

  Brett Bernard The Stamps Real Estate Company

  1725 Ontario Ave, Memphis, TN 38127
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  /14

  $299,000

  $11K PRICE DROP

  • 6 Beds
  • 4 Baths
  • 2,385 Sq Ft

  1724 Ontario Ave, Memphis, TN 38127

  BRAND NEW DUPLEX! To be completed April 15, 2026. Interiors are modern and stylish featuring 3 Bedrooms, 2 full baths. Granite counter tops, large master BR, walk in closets, large master bath, glass shower, separate tub, LVT flooring, maintenance free exterior. PERFECT Cash Flow Investment. No wholesalers- No owner finance offers.

  Brett Bernard The Stamps Real Estate Company

  1724 Ontario Ave, Memphis, TN 38127
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  /2

  $43,000

  • Land
  • 19,602 Sq Ft
  • $95,556 per Acre

  3294 Mountain Terrace, Memphis, TN 38127

  Darnell McCurdy Crye-Leike, Inc., REALTORS

  3294 Mountain Terrace, Memphis, TN 38127
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  /2

  $69,900

  $1K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  842 Restbrook Ave, Memphis, TN 38127

  Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $800/mo. Professionally managed. Lease expires on 11/30/25.

  

  Caleb Hall

  Keller Williams

  842 Restbrook Ave, Memphis, TN 38127
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  /10

  $110,000

  $15K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3075 Debby St, Memphis, TN 38127

  ATTENTION INVESTORS! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 3-bedroom, 1-bath single-family home is currently generating $975/ month in rental income, with the current lease running through 03/03/2027. An opportunity to purchase an income-producing property with a tenant already in place. Please do not disturb the tenant.

  James Wachob Foundation Property Management

  3075 Debby St, Memphis, TN 38127
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  /2

  $19,000

  $1K PRICE DROP

  • Land
  • 14,374 Sq Ft
  • $57,576 per Acre

  877 Whitney Ave, Memphis, TN 38127

  This is a bulk package of 3 parcels to be sold together only. 883 Whitney Parcel ID# 069024 00002 and 877 Whitney Parcel ID# 069024 0000, and 2955 Northgate St Parcel ID# 069021 00006

  Michelle Shelton The Peyton Co., Inc., REALTORS

  877 Whitney Ave, Memphis, TN 38127
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  /2

  $4,000

  $1K PRICE DROP

  • Land
  • 17,424 Sq Ft
  • $10,000 per Acre

  2955 Northgate St, Memphis, TN 38127

  This is a bulk package of 3 parcels to be sold together only. 883 Whitney Parcel ID# 069024 00002 and 877 Whitney Parcel ID# 069024 0000, and 2955 Northgate St Parcel ID# 069021 00006

  Michelle Shelton The Peyton Co., Inc., REALTORS

  2955 Northgate St, Memphis, TN 38127
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  /2

  $24,000

  $1K PRICE DROP

  • Land
  • 32,234 Sq Ft
  • $32,432 per Acre

  883 Whitney Ave, Memphis, TN 38127

  This is a bulk package of 3 parcels to be sold together only. 883 Whitney Parcel ID# 069024 00002 and 877 Whitney Parcel ID# 069024 0000, and 2955 Northgate St Parcel ID# 069021 00006

  Michelle Shelton The Peyton Co., Inc., REALTORS

  883 Whitney Ave, Memphis, TN 38127
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  /2

  $295,000

  $5K PRICE DROP

  • Land
  • 4.48 Acres
  • $65,848 per Acre

  2444 Frayser Blvd, Memphis, TN 38127

  Unique opportunity to own 4.48 treed, rolling acres with 2 homes that could definitely be income producing. One house is 2 bed 1 bath approx. 1200 sq feet, built in the 1930's has never been empty. Other house can not been seen from the street is nearly 3500 sq ft all on one level and was built in the 60's. It offers 4bedrooms and 2 baths. The property would also make a great subdivision. Build

  Amanda Lott BHHS McLemore & Co., Realty

  2444 Frayser Blvd, Memphis, TN 38127
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  /36

  $295,000

  $5K PRICE DROP

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

  2436 Frayser Blvd, Memphis, TN 38127

  Unique opportunity to own 4.48 treed, rolling acres with 2 homes that could definitely be income producing. One house is 2 bed 1 bath approx. 1200 sq feet, built in the 1930's has never been empty. Other house can not been seen from the street is nearly 3500 sq ft all on one level and was built in the 60's. It offers 4 bedrooms and 2 baths. The property would also make a great subdivision. Build

  Amanda Lott BHHS McLemore & Co., Realty

  2436 Frayser Blvd, Memphis, TN 38127
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  /6

  $75,000

  $20K PRICE DROP

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

  3382 Ardmore St, Memphis, TN 38127

  Built in 1938, this stone exterior home features a large front porch, 3 bedrooms, 1 full, and one half bath. Many updates throughout the home with some left to finalize. Home also features a fully fenced front and back yard with wood fencing. This home is in an established area with great potential!

  Donnie Morrow eXp Realty, LLC

  3382 Ardmore St, Memphis, TN 38127
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  /15

  $109,900

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

  810 Northaven Dr, Memphis, TN 38127

  Great Investment Property! County Taxes Only! Professionally Managed! Investors only, tenant occupied don't disturb tenants.Pictures are before tenant moved in. 3bd/1bath renovated in 2022 with new tile floors, updated bathroom, new cabinets & countertops in kitchen, and fenced corner lot. Currently rented at $1050 and tenant in lease until 8/2026. Could be a great investment to your portfolio or

  Monica Bynum Crye-Leike, Inc., REALTORS

  810 Northaven Dr, Memphis, TN 38127
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  /2

  $100,000

  $20K PRICE DROP

  • Land
  • 33,976 Sq Ft
  • $128,205 per Acre

  2777 Frayser Blvd, Memphis, TN 38127

  Great Location. Suitable for many uses. Not far from Nika and Amazon. Don't miss out on this opportunity! **SCHEDULE YOUR PRIVATE SHOWING TODAY! BRING ALL OFFERS!!!** Also offering 2793 Frayser Parcel: 072107-00066 and 2811 Frayser Parcel: 072107-00068

  Timika Montes de Oca Adaro Realty, Inc.

  2777 Frayser Blvd, Memphis, TN 38127
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  /8

  $75,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4522 Sunny View Dr, Memphis, TN 38127

  ATTENTION INVESTORS! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 3-bedroom, 1-bath single-family home is currently generating $815/ month in rental income, with the current lease running through 05/09/2027. An opportunity to purchase an income-producing property with a tenant already in place. Please do not disturb the tenant.

  James Wachob Foundation Property Management

  4522 Sunny View Dr, Memphis, TN 38127
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  /8

  $80,000

  $5K PRICE DROP

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

  3005 Sunrise St, Memphis, TN 38127

  ATTENTION INVESTORS! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 2-bedroom, 1-bath single-family home is currently generating $900/ month in rental income, with the current lease running through 07/10/2027. An opportunity to purchase an income-producing property with a tenant already in place. Please do not disturb the tenant.

  James Wachob Foundation Property Management

  3005 Sunrise St, Memphis, TN 38127
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  /4

  $35,000

  $5K PRICE DROP

  • Land
  • 1.02 Acres
  • $34,314 per Acre

  3429 Range Line Rd, Memphis, TN 38127

  Beautiful lot in the city limits. High traffic area with the possibility of changing to commercial use. Motivated Seller BRING ALL OFFERS!!!

  Timika Montes de Oca Adaro Realty, Inc.

  3429 Range Line Rd, Memphis, TN 38127

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