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Homes for Sale in 38127

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  • /2

    $149,900

    • 4 Beds
    • 2 Baths
    • 1,418 Sq Ft

    3943 Point Church Rd, Memphis, TN 38127

    Do Not Disturb Tenant!!!!!! 4-bedroom 2 full bath home with section 8 long standing tenant paying $1600 a month. Home was fully renovated in 2024.Property is being sold as is where is. No showings until after offer has been accepted.

    Fred Sengstacke KAIZEN Realty, LLC

    3943 Point Church Rd, Memphis, TN 38127
  • /7

    $75,000

    • 3 Beds
    • 1 Bath
    • 1,218 Sq Ft

    1823 Cedarhurst Ave, Memphis, TN 38127

    Fantastic investment opportunity in the heart of Frayser! Built in 1939, this solid 3-bedroom, 1-bath single-family home offers 1,218 sq. ft. of comfortable living space situated on a nice 50x160 lot. Featuring a functional single-story layout with all 3 bedrooms on the main level, this property makes an excellent turnkey addition to any rental portfolio. Conveniently located with quick access to

    Curtis Bleeker KAIZEN Realty, LLC

    1823 Cedarhurst Ave, Memphis, TN 38127
  • /25

    $84,900

    • 3 Beds
    • 1 Bath
    • 1,282 Sq Ft

    4146 Overton Crossing St, Memphis, TN 38127

    This 3-bedroom, 1-bathroom mid-century brick ranch in Memphis offers 1,282 square feet of single-story living. Designed with function in mind, the single-level slab floor plan features six distinct rooms, beginning with a spacious and inviting front living area. The heart of the home flows into a dedicated kitchen and dining space, perfect for daily meals and gathering. All three bedrooms are

    Carl Purifoy Trelora Realty

    4146 Overton Crossing St, Memphis, TN 38127
  • /2

    $120,000

    • 4 Beds
    • 1.5 Baths
    • 1,149 Sq Ft

    2757 Lake Park Rd, Memphis, TN 38127

    Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $1,400 per month. This asset can also be purchased as part of a larger investment package totaling $3,766,500, providing an exceptional opportunity for buyers seeking a strong portfolio addition.

    Fred Sengstacke KAIZEN Realty, LLC

    2757 Lake Park Rd, Memphis, TN 38127
  • /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
  • /16

    $92,000

    • 3 Beds
    • 2 Baths
    • 1,086 Sq Ft

    685 Mcwhirter Ave, Memphis, TN 38127

    Welcome home to this well-maintained 3-bedroom, 2-bath home offering affordable living with numerous recent updates already completed for you! You'll appreciate the many new improvements, including a hot water heater, blinds, kitchen faucet, toilets, vent covers, attic ladder, and freshly updated grout in both bathrooms. This move-in ready home has been lovingly cared for and provides a

    Stephanie Moulder Groome & Co.

    685 Mcwhirter Ave, Memphis, TN 38127
  • /2

    $87,500

    • 3 Beds
    • 1.5 Baths
    • 1,158 Sq Ft

    3620 Brookmeade St, Memphis, TN 38127

    Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $800 per month. This asset can also be purchased as part of a larger investment package totaling $3,766,500, providing an exceptional opportunity for buyers seeking a strong portfolio addition.

    Fred Sengstacke KAIZEN Realty, LLC

    3620 Brookmeade St, Memphis, TN 38127
  • /2

    $60,000

    • 3 Beds
    • 1 Bath
    • 1,001 Sq Ft

    759 Brandywine Blvd, Memphis, TN 38127

    Great opportunity to own a solid 3-bedroom, 1-bath investment property. Perfect for rental income or a fix-and-flip project. Features include a spacious layout, potential for upgrades, and a strong rental market nearby. Don’t miss out on this promising investment. Please include proof of funds.

    Lakesha Lilly Leatherwood The Home Partners Realty

    759 Brandywine Blvd, Memphis, TN 38127
  • /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
  • /2

    $103,900

    $1K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,516 Sq Ft

    1946 Willow Wood Ave, Memphis, TN 38127

    Incredible investment opportunity available with tremendous cash flow and huge potential upside! This home is rented for $995/mo with a market rent of $1200/mo. Multiple properties available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied AND have value add upside. Many of these homes have had significant rehab done in the

    William Haynes Crye-Leike, Inc., REALTORS

    1946 Willow Wood Ave, Memphis, TN 38127
  • /2

    $80,000

    • 3 Beds
    • 1 Bath
    • 1,159 Sq Ft

    1512 Frayser Blvd, Memphis, TN 38127

    Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $725 per month. This asset can also be purchased as part of a larger investment package totaling $3,766,500, providing an exceptional opportunity for buyers seeking a strong portfolio addition.

    Fred Sengstacke KAIZEN Realty, LLC

    1512 Frayser Blvd, Memphis, TN 38127
  • /38

    $135,900

    • 3 Beds
    • 1.5 Baths
    • 1,026 Sq Ft

    2986 Lake Park Rd, Memphis, TN 38127

    Newly renovated Turnkey property from 2025 being professionally managed by Reedy and Company Realtor's who would like to continue management. 1 year old HVAC, Water heater, Roof less than 8 years old. Over $45,000 worth of renovations completed in 2025. Detailed renovation scope available upon request. Email Mark@memphisinvestmentproperties and Alex@memphisinvestmentproperties for more

    Mark Hart Reedy & Company, REALTORS

    2986 Lake Park Rd, Memphis, TN 38127
  • /8

    $65,000

    $24K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 744 Sq Ft

    2034 Driftwood Ave, Memphis, TN 38127

    PRICE REDUCED!! Excellent investment opportunity (definitely satisfies the 1% rule for investors!) 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

    Tyler Tapley Crye-Leike, Inc., REALTORS

    2034 Driftwood Ave, Memphis, TN 38127
  • /11

    $99,900

    • 3 Beds
    • 1.5 Baths
    • 1,475 Sq Ft

    3613 Brookmeade St, Memphis, TN 38127

    Take advantage of this outstanding income-producing investment! This rental property is located in a high-demand area with easy access to retail, restaurants, employment centers, and everyday conveniences, making it an attractive option for tenants. A fantastic addition to any investment portfolio. Please note that assignment contracts and wholesale offers will not be accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    3613 Brookmeade St, Memphis, TN 38127
  • /23

    $110,000

    • 4 Beds
    • 1.5 Baths
    • 2,176 Sq Ft

    1817 Baldwin Ave, Memphis, TN 38127

    Whether you're looking to expand your investment portfolio or purchase your first home, this property is worth a look! This spacious 4-bedroom, 1.5-bath home is conveniently located just minutes from Millington and sits on a generously sized corner lot. Inside, you'll find neutral paint colors throughout, a large den, a separate living room, and a dedicated laundry room, offering plenty of space

    Verna Littleton Fast Track Realty, LLC

    1817 Baldwin Ave, Memphis, TN 38127
  • /28

    $102,000

    • 3 Beds
    • 1.5 Baths
    • 1,029 Sq Ft

    3996 Mountain Terrace St, Memphis, TN 38127

    This inviting home features 3 bedrooms, 1.5 bathrooms, and a 2-car attached carport with a functional layout designed for everyday living. The spacious living areas provide flexibility for relaxing, entertaining, or creating a home office or hobby space. With its practical floor plan and excellent potential, this home is ready for you to make it your own with a little TLC. More photos coming -

    Vicki Testerman Mainstay Brokerage, LLC

    3996 Mountain Terrace St, Memphis, TN 38127
  • /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
  • /5

    $99,000

    $6K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,670 Sq Ft

    3382 Frayser School 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 $1,165/ month in rental income, with the current lease running through 01/31/2027. An opportunity to purchase an income-producing property with a tenant already in place. Please do not disturb the

    James Wachob Foundation Property Management

    3382 Frayser School Dr, Memphis, TN 38127
  • /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
  • /30

    $119,900

    $20K PRICE DROP
    • 4 Beds
    • 1 Bath
    • 1,725 Sq Ft

    3391 Seaforth Dr, Memphis, TN 38127

    Spacious 4 bedroom, 1-bath brick home in Memphis. Featuring over 1,800 sq ft of living space, this residence includes a functional kitchen, cozy fireplace, and a versatile layout with a separate dining room. Enjoy a large, fenced backyard with a patio and an attached 1-car garage. Conveniently located near local schools and amenities. Perfect for those needing extra space and flexibility!

    Thee Gaines Trelora Realty

    3391 Seaforth Dr, Memphis, TN 38127
  • /11

    $99,900

    • 4 Beds
    • 2 Baths
    • 1,260 Sq Ft

    2789 Alpena Ave, Memphis, TN 38127

    INVESTORS ONLY! Tenant occupied 4 bed 2 bath home being offered at a great price. Currently rented at $1075/mo. This could be a great addition to your rental portfolio. Home is professionally managed (lease, ledger, repair history available upon request). Make all offers contingent on interior access (no showings until an accepted offer). No sign in the yard. Please do not disturb or approach the

    Tyler Tapley Crye-Leike, Inc., REALTORS

    2789 Alpena Ave, Memphis, TN 38127
  • /2

    $98,000

    • 2 Beds
    • 1 Bath
    • 886 Sq Ft

    2775 Windsor Pkwy, Memphis, TN 38127

    Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1 baths. Currently renting for $1,450 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over

    Harry Samuels Pinnacle Realty

    2775 Windsor Pkwy, Memphis, TN 38127
  • /17

    $139,500

    • 4 Beds
    • 1 Bath
    • 1,350 Sq Ft

    3587 Hallbrook St, Memphis, TN 38127

    This beautifully updated 4-bedroom, 1-bath home blends timeless character with modern updates and is ready for its new owner. From the moment you arrive, you'll appreciate the fresh exterior paint, inviting curb appeal, covered carport, and mature shade trees. Inside, you'll find original hardwood floors throughout most of the home, complemented by fresh paint, updated lighting, and an abundance

    Shae Roberts Advantage Property Management

    3587 Hallbrook St, Memphis, TN 38127
  • /16

    $42,500

    • 3 Beds
    • 1.5 Baths
    • 1,721 Sq Ft

    460 Fox Valley Dr, Memphis, TN 38127

    Owner/agent - selling as is where is Call to schedule a showing

    Reginald Williams BROC Properties

    460 Fox Valley Dr, Memphis, TN 38127
  • /5

    $105,000

    $15K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,684 Sq Ft

    2340 Mcgowan Dr, Memphis, TN 38127

    Investment opportunity with great potential! This property offers good bones, hardwood floors throughout, and a large backyard. Renovations and updates are needed to maximize its full potential, making it an excellent opportunity for investors looking to add value. Property is being sold as-is.

    Nicholas Bolding Keller Williams

    2340 Mcgowan Dr, Memphis, TN 38127
  • /2

    $84,900

    • 3 Beds
    • 1 Bath
    • 962 Sq Ft

    2304 Slocum Ave, Memphis, TN 38127

    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 wholesaler or assignment of contract offers will be accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    2304 Slocum Ave, Memphis, TN 38127
  • /7

    $74,900

    $25K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 854 Sq Ft

    1937 Pinedale Ave, Memphis, TN 38127

    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 wholesaler or assignment of contract offers will be accepted. Has a brand-new roof and a new HVAC system installed in 2025. Selected window replacements and the entire interior has been freshly painted. Seller is willing to contribute

    Dean Harris CrestCore Realty MphsBrokerage

    1937 Pinedale Ave, Memphis, TN 38127
  • /8

    $125,000

    • 2 Beds
    • 1.5 Baths
    • 1,369 Sq Ft

    3100 Signal St, Memphis, TN 38127

    ATTENTION INVESTORS! This 3 bedroom, 1 bathroom brick home was recently refreshed and is rented for $1,050/month. Lease is good until 11/30/2026. Tenant is current with rent and pays on time each month. Home features spacious den with fireplace, 1 car garage, walk up attic for convenient storage, large back yard, convenient location and many other amenities that will keep this home in consistent

    Jeremy Veldman KAIZEN Realty, LLC

    3100 Signal St, Memphis, TN 38127
  • /12

    $122,000

    • 3 Beds
    • 2 Baths
    • 1,330 Sq Ft

    4109 Knob Dr, Memphis, TN 38127

    GREAT INVESTOR OPPORTUNITY!!! NEW ROOF, NEW PAIINT, NEW LIGHT FIXTURES, NEW HVAC, NW WATER HEATER, NEW FLOORING, AND MORE.

    Fredrick Cunningham Keller Williams

    4109 Knob Dr, Memphis, TN 38127
  • /2

    $115,000

    $20K PRICE INCREASE
    • 2 Beds
    • 1 Bath
    • 816 Sq Ft

    3517 N Watkins St, Memphis, TN 38127

    Investment opportunity. 3 bedr. 1 bath. .$1,450 per month rent

    Harry Samuels Pinnacle Realty

    3517 N Watkins St, Memphis, TN 38127
  • /2

    $20,000

    • Land
    • 1.75 Acres
    • $11,429 per Acre

    0 N Watkins St Unit 10222153, Unincorporated, TN 38053

    0 North Watkins Road, Memphis, TN = 1.75 Acres of Prime Hardwood Forest – Unincorporated Shelby County Discover your own private retreat on this stunning 1.75-acre parcel of mature hardwood forest. Tucked away yet conveniently located with excellent frontage on North Watkins Road, this versatile property offers endless opportunities for the outdoor enthusiast, investor, or builder. This heavily

    Jeanette Lin Pinnacle Realty

    0 N Watkins St Unit 10222153, Unincorporated, TN 38053
  • /2

    $58,000

    • Land
    • 6,969 Sq Ft
    • $362,500 per Acre

    5041 Carterville Place, Memphis, TN 38127

    FIVE residential parcels being offered as a package for only $58,000!! This package includes Properties located at: 301 Flynn Rd. Memphis 38109 5033 Carterville Pl. Memphis 38127 5041 Carterville Pl. Memphis 38127 2065 Pamela Dr. Memphis 38127 1229 Gausco Rd. Memphis 38106 (the two partials on Carterville are adjoining) This package presents a great opportunity for investors, builders or buyers

    Rolanda Smith eXp Realty, LLC

    5041 Carterville Place, Memphis, TN 38127
  • /11

    $155,000

    • 3 Beds
    • 1.5 Baths
    • 1,482 Sq Ft

    3294 Lockmeade Dr, Memphis, TN 38127

    Renovated, New windows, Roof, and Paint. Property is currently being rented. Owner is selling As-Is, No Owner Financing.

    Ruby Cardenas Keller Williams

    3294 Lockmeade Dr, Memphis, TN 38127
  • /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
  • /6

    $84,900

    $10K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,061 Sq Ft

    3902 Edenburg Dr, Memphis, TN 38127

    This well-maintained 1963 residence features a comfortable layout, original character, and a spacious, fully-fenced backyard perfect for outdoor living. Conveniently located near major highways, shopping, and dining, this home is ready for your personal touch.

    Carl Purifoy Trelora Realty

    3902 Edenburg Dr, Memphis, TN 38127
  • /10

    $108,999

    $9K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,290 Sq Ft

    2574 Saint Elmo Ave, 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 $1,100/ month in rental income, with the current lease running through 07/14/2027. An opportunity to purchase an income-producing property with a tenant already in place. Please do not disturb the

    James Wachob Foundation Property Management

    2574 Saint Elmo Ave, Memphis, TN 38127
  • /25

    $170,000

    $5K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,337 Sq Ft

    2367 Kingsley Ave, Memphis, TN 38127

    Don't miss out on this fully renovated brick 3 bed, 2 bath home with a spacious detached workshop in the backyard. Perfect for anyone needing a workspace, extra storage, or the potential to finish it out as an additional unit. Inside, the home features an updated open-concept kitchen, fully remodeled bathrooms, and new vinyl plank flooring. It covers all of your needs with a walk-in pantry closet

    Juan Torres Fast Track Realty, LLC

    2367 Kingsley Ave, Memphis, TN 38127
  • /2

    $11,000

    • Land
    • 15,681 Sq Ft
    • $30,556 per Acre

    0 Woodlawn Terrace, Memphis, TN 38127

    Residential lot 56 with great potential in a convenient location. Buyer to verify zoning, utilities, and intended use. Lot 57 also for sale.

    Crystal Mitchell Renshaw Company, REALTORS

    0 Woodlawn Terrace, Memphis, TN 38127
  • /2

    $173,700

    • Land
    • 29.6 Acres
    • $5,868 per Acre

    0 Hawkins Mill Rd Unit 10136864, Memphis, TN 38127

    Tremendous investment opportunity for those looking to build! HUGE parcel of land in a popular area of 38127, directly behind Hawkins Mill Elementary. This is near the new Amazon & Nike facilities. Affordable price per acre, frontage along Hawkins. Over 29 acres offered. Could be a great development one day. There was additional adjacent acreage that was recently bought by another owner so a lot

    Tyler Tapley Crye-Leike, Inc., REALTORS

    0 Hawkins Mill Rd Unit 10136864, Memphis, TN 38127
  • /2

    $58,000

    • Land
    • 14,374 Sq Ft
    • $175,758 per Acre

    2065 Pamela Dr, Memphis, TN 38127

    FIVE residential parcels being offered as a package for only $58,000. This package includes Properties located at: 301 Flynn Rd. Memphis 38109 5033 Carterville Pl. Memphis 38127 5041 Carterville Pl. Memphis 38127 2065 Pamela Dr. Memphis 38127 1229 Gausco Rd. Memphis 38106 (the two partials on Carterville are adjoining) This package presents a great opportunity for investors, builders or buyers

    Rolanda Smith eXp Realty, LLC

    2065 Pamela Dr, Memphis, TN 38127

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