Homes for Sale in 38127

• 

  

  

  /17

  $125,000

  • 3 Beds
  • 1.5 Baths
  • 1,689 Sq Ft

  3642 Gillie St, Memphis, TN 38127

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $1100 per month and is on a lease from 1/02/2026 until 7/1/2027. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

  Alex Evans Reedy & Company, REALTORS

  3642 Gillie St, Memphis, TN 38127
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• 

  

  /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

  $300,000

  • 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

  $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
• 

  

  

  /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
• 

  

  /18

  $189,900

  • 3 Beds
  • 2 Baths
  • 2,230 Sq Ft

  2496 James Rd, Memphis, TN 38127

  Welcome to 2496 James Road, a beautifully renovated 3 bedroom, 2 bath home offering 2,230 square feet of stylish, move in ready living. From the moment you step inside, you'll appreciate the fresh modern finishes, bright open layout, and thoughtful updates that make this home both inviting and functional. Designed with everyday living and entertaining in mind, the spacious floor plan flows

  Jonathan Nunez Fast Track Realty, LLC

  2496 James Rd, Memphis, TN 38127
• 

  

  /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
• 

  

  /12

  $118,000

  • 3 Beds
  • 1 Bath
  • 1,026 Sq Ft

  2559 Wellons Ave, Memphis, TN 38127

  Move in ready Brick home, fresh interior, and new roof in a growing neighborhood. Excellent starter home or addition to your rental portfolio. Don't miss out on this great opportunity!

  Brett Bernard The Stamps Real Estate Company

  2559 Wellons Ave, 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
• 

  /2

  $109,000

  • 4 Beds
  • 2 Baths
  • 1,769 Sq Ft

  635 Mcwhirter Ave, Memphis, TN 38127

  BOTH UNITS ARE TENANT OCCUPIED!!! DO NOT DISTURB THE TENANTS!!!! All offers must be accepted prior to any inspections. Please call the listing agent for information and showing instructions. 635 McWirter cureently rents for $600 a month and 637 McWhirter rents for $785 a month. Offer instructions are in the documents tab. Listing agent to hold earnest money.

  Henry Booth Omni, REALTORS

  635 Mcwhirter 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

  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
• 

  /2

  $125,000

  • 4 Beds
  • 2 Baths
  • 1,220 Sq Ft

  2662 Orman Ave, Memphis, TN 38127

  Please do not disturb tenant. 4br/2ba home with access to everything you desire in the area. Detached garage for parking or additional storage. Fenced backyard.

  Aaron Edwards Real Broker

  2662 Orman Ave, 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
• 

  /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
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  /36

  $139,900

  • 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!

  Alexis Martz Trelora Realty

  3391 Seaforth Dr, 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
• 

  

  /11

  $175,000

  • 4 Beds
  • 2 Baths
  • 1,380 Sq Ft

  4443 Suncrest Dr, Memphis, TN 38127

  INVESTORS!- Brand new construction with 1 yr. builder warranty- Market rent-$1650.00-Year 1 Zero CAPX! Get involved in a growing and gentrifying investment market, take advantage of cash flow and equity growth. No wholesalers or owner finance offers.

  Brett Bernard The Stamps Real Estate Company

  4443 Suncrest Dr, 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
• 

  

  /7

  $99,900

  • 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.

  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
• 

  

  /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

  $126,000

  • 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

  $94,900

  • 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.

  Tiffany Jones Trelora Realty

  3902 Edenburg Dr, Memphis, TN 38127
• 

  

  /13

  $115,000

  • 3 Beds
  • 1 Bath
  • 988 Sq Ft

  3553 Julia St, Memphis, TN 38127

  Currently leased at $975 per month through 03/05/2028. Well-maintained brick home offering a strong addition to any investment portfolio. This 3-bedroom property features durable hard-surface flooring throughout, a bright and functional layout, central heat and air, and an updated kitchen with modern shaker-style cabinetry. The spacious fenced backyard provides added outdoor appeal and includes

  James Wachob Foundation Property Management

  3553 Julia St, Memphis, TN 38127
• 

  

  /25

  $173,000

  $2K 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

  $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
• 

  

  /13

  $124,500

  $11K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,217 Sq Ft

  2638 Hawkins Mill Rd, Memphis, TN 38127

  Charming, move-in ready 3-bedroom, 2-bath home in a well-established neighborhood known for its friendly community and convenient living. Perfect for first-time buyers or those looking to downsize without sacrificing comfort, this home offers both functionality and room to grow. Recent updates provide peace of mind, including an 8-year-old roof, interior A/C unit less than 5 years old, and a hot

  Pat Edwards-Sipp BenchMark REALTORS, LLC

  2638 Hawkins Mill Rd, Memphis, TN 38127
• 

  /2

  $15,000

  • Land
  • 31,363 Sq Ft
  • $20,833 per Acre

  00 Blackburn Ave, Memphis, TN 38127

  This lot is on the right. The other lot next to is also available and can be purchased together as a package deal or separately. Both can be built on and have access to all major public utilities. Show anytime. Sign in area with lots.

  Latonya Wilson Keller Williams

  00 Blackburn Ave, Memphis, TN 38127
• 

  

  /16

  $115,000

  $5K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,016 Sq Ft

  2380 Hillside Ave, Memphis, TN 38127

  Great brick home with a fully fenced large yard, features a 2-car carport with a spacious storage room. Acclaim double hung windows installed in 2025 in bedrooms, half bath and living room, aluminum storm door installed in 2023, and beautiful hardwood floors throughout living room, hallway and primary bedroom and 2nd bedroom. Roof is 6 years old. Refrigerator and stove to remain AS-IS (working

  Ana Ortiz Perales REMAX Experts

  2380 Hillside Ave, Memphis, TN 38127
• 

  /2

  $127,000

  $8K PRICE DROP

  • 5 Beds
  • 2 Baths
  • 1,877 Sq Ft

  1522 Frayser Blvd, Memphis, TN 38127

  Terrific investment opportunity! Tenant occupied, currently rented for $1395/mo. Professionally managed. Home has been well maintained with some recent repairs and a good looking roof. Five bedroom, two bathroom brick property with central heat and air and extra large parking pad. Conveniently located near schools, parks and Ed Rice Community Center. Multiple properties for sale, can be bought in

  William Haynes Crye-Leike, Inc., REALTORS

  1522 Frayser Blvd, 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
• 

  

  /10

  $93,000

  • 3 Beds
  • 1 Bath
  • 890 Sq Ft

  2536 Sunny Hill Dr, Memphis, TN 38127

  Currently leased at $895 per month through 05/17/2027. This well-maintained single-family home offers a functional layout with bright living spaces and durable finishes throughout. Recent updates enhance long-term efficiency and reduce maintenance needs, including improvements to key interior systems and finishes. The kitchen provides ample cabinetry and practical flow, while the exterior

  James Wachob Foundation Property Management

  2536 Sunny Hill Dr, Memphis, TN 38127
• 

  

  /18

  $165,000

  New Construction

  • 4 Beds
  • 2 Baths
  • 1,319 Sq Ft

  4367 Suncrest Dr, Memphis, TN 38127

  $5000 BUYER CREDIT for closing costs and prepaids!!! BRAND NEW CONSTRUCTION! INVESTOR SPECIAL! Low maintenance. 4 bed 2bathroom in a great location! One year Builder's Warranty included. Hardi-Plank exterior, Double Insulated Windows. Interior features include Low Maintenance stained concrete floors, custom kitchen cabinets and bathroom vanities with granite counter-tops, upgraded plumbing and

  Brett Bernard The Stamps Real Estate Company

  4367 Suncrest Dr, Memphis, TN 38127
• 

  

  /10

  $125,000

  $15K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,298 Sq Ft

  3832 Lake Park Cove, Memphis, TN 38127

  Your Perfect 4-Bedroom Investment Property Awaits. This spacious, 4-bedroom, 2-bathroom home, built in 2021, is a must-see for investors. Boasting an open floor plan, this home is ready for immediate move-in and easy to lease. Situated in a rapidly growing area, Frayser is undergoing nearly $60 million in new developments, including a brand-new high school that will elevate the neighborhood’s

  Anna Bishop Crye-Leike, Inc., REALTORS

  3832 Lake Park Cove, Memphis, TN 38127
• 

  

  /17

  $75,000

  $5K PRICE DROP

  • 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
• 

  

  /8

  $75,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4522 Sunny View Dr, Memphis, TN 38127

  Currently leased at $815 per month through 05/09/2027. Turnkey investment opportunity featuring a well-maintained 3-bedroom, 1-bath home with timeless appeal and strong rental potential. Interior highlights include beautiful hardwood floors, a bright and inviting living area, central heat and air, window coverings, and an efficient floor plan designed for comfortable living. The property shows

  James Wachob Foundation Property Management

  4522 Sunny View Dr, 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

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