Homes for Sale in 38127

• 

  

  /2

  $78,000

  $23K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  942 Frayser Cir, 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 $80/mo. Professionally managed. Lease expires on 4/1/27

  

  Caleb Hall

  Keller Williams

  (901) 456-7014

  942 Frayser Cir, Memphis, TN 38127
• 

  

  

  /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

  (901) 660-9588

  1133 Saunders Ave, Memphis, TN 38127
• 

  

  /2

  $76,000

  $37K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  908 Par 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 $700/mo. Professionally managed. Lease expires on 5/30/25

  

  Caleb Hall

  Keller Williams

  (901) 808-8026

  908 Par Ave, Memphis, TN 38127
• 

  

  /2

  $81,000

  $26K PRICE DROP

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

  835 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 $750/mo. Professionally managed. Lease expires on 4/1/27

  

  Caleb Hall

  Keller Williams

  (901) 883-7699

  835 Restbrook Ave, Memphis, TN 38127
• 

  

  /2

  $93,000

  $29K PRICE INCREASE

  • 3 Beds
  • 1 Bath
  • 1,200+ Sq Ft

  1033 Cindy Ln, 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 $750/mo. Professionally managed. Lease expires on 10/31/25

  

  Caleb Hall

  Keller Williams

  (901) 446-4082

  1033 Cindy Ln, Memphis, TN 38127
• 

  /2

  $79,000

  $25K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  918 Joel 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 $750/mo. Professionally managed. Lease expires on 4/1/27

  

  Caleb Hall

  Keller Williams

  (901) 621-7520

  918 Joel Ave, Memphis, TN 38127
• 

  /2

  $140,000

  • 4 Beds
  • 1.5 Baths
  • 1,708 Sq Ft

  2381 Hillside Ave, Memphis, TN 38127

  Move-in ready 4-bedroom, 1.5-bath home offering approximately 1,700 square feet of living space on a spacious 0.33-acre lot. This property features a functional floor plan with generously sized bedrooms and comfortable living areas, making it ideal for both homeowners and investors. The home includes a large yard with plenty of space for outdoor activities, along with convenient covered parking.

  

  Caleb Hall

  Keller Williams

  (901) 698-3192

  2381 Hillside Ave, Memphis, TN 38127
• 

  /2

  $114,000

  $4K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,200+ Sq Ft

  828 Floyd 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 $875/mo. Professionally managed. Lease expires on 4/1/2027.

  

  Caleb Hall

  Keller Williams

  (901) 902-5053

  828 Floyd Ave, Memphis, TN 38127
• 

  /2

  $104,990

  $20K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,005 Sq Ft

  916 Carrolton Ave, Memphis, TN 38127

  Do not disturb tenant! Home currently under two year lease. Perfect investment property with solid tenant!

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 445-8464

  916 Carrolton Ave, Memphis, TN 38127
• 

  /2

  $74,000

  $4K PRICE DROP

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

  607 Burlington Cir, 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 7/31/2026

  

  Caleb Hall

  Keller Williams

  (901) 675-6680

  607 Burlington Cir, 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
• 

  

  /3

  $134,900

  • 3 Beds
  • 2 Baths
  • 1,562 Sq Ft

  3956 Argonne St, Memphis, TN 38127

  Fantastic investment opportunity in the Shelby area. This 3br/2 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $1,280/month. The lease ends on 05/31/26. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3956 Argonne St, Memphis, TN 38127
• 

  

  /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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  /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
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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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  /34

  $99,900

  $5K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,681 Sq Ft

  1947 Tulsa Ave, Memphis, TN 38127

  This 1,681 sq. ft. single-story residence in the Minor Terrace subdivision offers a versatile and spacious layout. The interior features four well-proportioned bedrooms and two full bathrooms, including a primary suite with a tile-floored bathroom and a 27x11 family rm. The heart of the home includes an updated kitchen and a separate den that provides flexible space for a home office, recreation,

  Alexis Martz Trelora Realty

  1947 Tulsa 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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  /12

  $125,000

  $5K PRICE DROP

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

  3471 Gowan Dr, Memphis, TN 38127

  Welcome to 3471 Gowan Drive, Memphis, TN 38127! This charming 3-bedroom, 2-bath home combines comfort and style. Enjoy a bright, open living area with hard-surface flooring, a modern kitchen with large shaker-style cabinets and space for appliances, and a spacious fenced backyard perfect for entertaining. Additional features include a 2-car garage and central heat and air for year-round comfort.

  James Wachob Foundation Property Management

  3471 Gowan Dr, Memphis, TN 38127
• 

  /2

  $105,000

  • 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
• 

  

  /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
• 

  /2

  $99,000

  • 4 Beds
  • 2 Baths
  • 1,790 Sq Ft

  3802 University Cove, Memphis, TN 38127

  Great investment opportunity. This brick property is the ideal project for those looking to remodel and maximize value. It's a home with great potential that needs some repairs, perfect for customizing to your liking. Owner Financing is available! ¡Contamos con Financiamiento de Dueño (Seller Financing) disponible!

  Trevor Day My Casa My House

  3802 University Cove, 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
• 

  

  /15

  $98,000

  $12K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 953 Sq Ft

  2955 Tudor St, Memphis, TN 38127

  Great Investment Opportunity!!!

  Ashleigh Lovan Keller Williams

  2955 Tudor St, Memphis, TN 38127
• 

  

  /13

  $98,000

  • 3 Beds
  • 1 Bath
  • 876 Sq Ft

  2581 Callie Rd, Memphis, TN 38127

  GREAT INVESTMENT OPPORTUNITY! Tenant-occupied 3BR/1BA home generating $975/month, with lease secured through 5/31/2027. Tenant is current with rent and pays like clockwork. Move in on 5/8/2025. Fully renovated in 2023, including new roof, HVAC, carpet, cabinetry, window fixtures, and more. Professionally managed—tenant ledger and maintenance report available upon request. Please do not disturb

  Jeremy Veldman KAIZEN Realty, LLC

  2581 Callie Rd, Memphis, TN 38127
• 

  

  /20

  $98,500

  $31K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,439 Sq Ft

  1503 Haywood Ave, Memphis, TN 38127

  Occupied Home Sits on Little Less than a 1/2 Acre, Offers Closed in Exterior Room for Outside Entertaining, with small Fish Pond. Washroom. Recently Renovated Kitchen. Living Room and Oversized Den. Conveniently Located with Easy Access to Millington and Downtown Memphis. No Wholesalers - No Assignment Options. Motivated Seller !

  Jason Hunter Hunter Management, LLC

  1503 Haywood Ave, Memphis, TN 38127
• 

  

  /32

  $99,900

  • 3 Beds
  • 1 Bath
  • 1,481 Sq Ft

  2224 Wellons Ave, Memphis, TN 38127

  Spacious 3-bedroom, 1-bathroom brick ranch in the heart of Frayser on 0.29 acres. This 1,481 sq. ft. single-story home features a functional floor plan with all bedrooms on the main level. Inside, you will find gleaming dark hardwoods throughout the main living areas and carpeted bedrooms for comfort. The home also features a dedicated laundry room with washer and dryer hookups for convenience.

  Alexis Martz Trelora Realty

  2224 Wellons Ave, Memphis, TN 38127
• 

  

  /10

  $105,000

  • 3 Beds
  • 2 Baths
  • 1,340 Sq Ft

  2888 Mercer Dr, Memphis, TN 38127

  Property is being sold in an as is condition, and the condition is unknown and may include defects, possible health or safety hazards, or debris, or be located in a Special Flood Hazard Area. Proof of Funds Required. The seller requires that the high bidder be able to demonstrate proof of funds or financing pre-qualification within 24 hours of the auction. Buyer must obtain a pre-qualification

  JERRY EMERSON KING Williams & Williams Real Estate Auctions

  2888 Mercer Dr, Memphis, TN 38127
• 

  

  /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
• 

  

  /32

  $99,900

  $5K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,150 Sq Ft

  2588 Wellons Ave, Memphis, TN 38127

  Move-in ready 3BR, 1.5BA brick ranch in Memphis. This 1,150 sq. ft. home features a cozy fireplace, fresh paint, and updated flooring throughout. Efficient layout includes a primary bedroom with private half-bath and a spacious eat-in kitchen. Situated on a level lot with central HVAC and off-street parking. Conveniently located near local schools—perfect for homeowners or investors. Sold as-is.

  Alexis Martz Trelora Realty

  2588 Wellons Ave, Memphis, TN 38127
• 

  /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
• 

  

  /13

  $97,000

  $13K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,104 Sq Ft

  3470 Denver St, Memphis, TN 38127

  This is a 3 bedroom and 1.5 bathroom home. House needs work. House has tile throughout, modern fixtures and great potential with some TLC. Oversized backyard. Has was recently occupied by tenant and now is vacant. The home has been professionally managed. Don't miss this great investment opportunity. Home is being sold in as is condition.

  Ashley Campbell Advantage Property Management

  3470 Denver St, Memphis, TN 38127
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  /35

  $104,900

  • 3 Beds
  • 1.5 Baths
  • 1,481 Sq Ft

  3556 Brookmeade St, Memphis, TN 38127

  This 3-bedroom, 1.5-bath brick ranch offers 1,481 sq ft of well-distributed living space on a generous 0.32-acre level lot. The interior features a functional layout with hardwood flooring and a spacious kitchen/dining area. Centrally located in the established Brookmeade Gardens area with easy access to I-40, this home is ideal for a primary residence or an investment opportunity.

  Christopher Stjernholm Trelora Realty

  3556 Brookmeade St, Memphis, TN 38127
• 

  /2

  $100,000

  • 2 Beds
  • 1 Bath
  • 850 Sq Ft

  1862 Dupont Ave, Memphis, TN 38127

  Great investment opportunity in this rental income producing house. It has 2 bedrooms and 1 baths. Currently renting for $1,200 per month. so as not to disturb tenants inspection scheduled after an accepted offer.

  Harry Samuels Pinnacle Realty

  1862 Dupont Ave, Memphis, TN 38127
• 

  

  /36

  $99,900

  • 2 Beds
  • 2 Baths
  • 1,574 Sq Ft

  2055 Burnham Ave, Memphis, TN 38127

  Traditional 1,574 sq. ft. home featuring a durable vinyl exterior and an architectural roof. This property sits on a spacious 0.69-acre lot, providing extra privacy with no neighbor on one side. The interior layout includes a large living room that offers flexibility for conversion into a third bedroom. The home also features a 1-car attached carport and a driveway for off-street parking.

  Alexis Martz Trelora Realty

  2055 Burnham Ave, Memphis, TN 38127
• 

  

  /4

  $97,000

  $28K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,000+ Sq Ft

  5423 Breckenwood Dr, Memphis, TN 38127

  Property is Tenant Occupied. Section 8 tenant, $1205 monthly rent. Fantastic incoming producing property to add to your portfolio! No wholesalers, no Assignment Buyers, no creative financing will be accepted. ***DO NOT DISTURB TENANT*** Make all offers contingent upon inspections.

  LaJuana Miller KAIZEN Realty, LLC

  5423 Breckenwood Dr, 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
• 

  

  /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
• 

  

  /24

  $199,900

  • 3 Beds
  • 2 Baths
  • 1,806 Sq Ft

  1150 Finch Dr, Memphis, TN 38127

  A Hidden GEM! Charming 3 bedroom (possible 4) 2 bath home located in a quiet singular entry (one way in and out) neighborhood. Separate living room and dining room areas. Dining room and Hearth room feature custom built-ins and recessed lighting. Expansive Hearth room with fireplace and walk-in pantry. Kitchen features double oven, electric stove-top, and mounted microwave. Home has cameras

  Linitra Washington KAIZEN Realty, LLC

  1150 Finch Dr, Memphis, TN 38127
• 

  

  /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
• 

  /2

  $39,900

  • Land
  • 13,503 Sq Ft
  • $128,710 per Acre

  3097 Harvester Ln, Memphis, TN 38127

  Nice lot to build a home. The size is .31 acre. Easy to Go and Show

  Tamisha Draper KAIZEN Realty, LLC

  3097 Harvester Ln, Memphis, TN 38127

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