Homes for Sale in 38127

• 

  

  

  /15

  $99,900

  • 3 Beds
  • 2 Baths
  • 988 Sq Ft

  3296 Madewell St, 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

  3296 Madewell St, Memphis, TN 38127
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  /2

  $90,000

  • 3 Beds
  • 1 Bath
  • 962 Sq Ft

  2190 Gayle Ave, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $995 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

  2190 Gayle Ave, Memphis, TN 38127
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  /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
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  /2

  $85,000

  • 3 Beds
  • 2 Baths
  • 1,409 Sq Ft

  3592 N Trezevant St, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $755 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

  3592 N Trezevant St, Memphis, TN 38127
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  /2

  $127,000

  $8K PRICE DROP

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

  1522 Frayser Blvd, Memphis, TN 38127

  Great opportunity. Large Frayser available 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. Could be a great opportunity for an investor or savvy owner occupant. Property needs some light repairs but is in good general condition.

  William Haynes Crye-Leike, Inc., REALTORS

  1522 Frayser Blvd, Memphis, TN 38127
• 

  

  /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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  /15

  $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
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  /2

  $90,000

  • 3 Beds
  • 1.5 Baths
  • 1,429 Sq Ft

  3101 Signal St, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $650 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

  3101 Signal St, Memphis, TN 38127
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  /2

  $95,000

  • 3 Beds
  • 1 Bath
  • 1,844 Sq Ft

  3680 Irma St Unit 70764, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $885 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

  3680 Irma St Unit 70764, Memphis, TN 38127
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  /2

  $99,000

  • 3 Beds
  • 1.5 Baths
  • 1,031 Sq Ft

  3553 Gowan Dr, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $1,100 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

  3553 Gowan Dr, 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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  /3

  $109,900

  $15K PRICE DROP

  • 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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  /2

  $90,000

  • 3 Beds
  • 1 Bath
  • 1,074 Sq Ft

  3621 University St, Memphis, TN 38127

  Robert Anderson Grace Realty Company

  3621 University St, Memphis, TN 38127
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  /2

  $115,000

  • 2 Beds
  • 1 Bath
  • 1,145 Sq Ft

  1797 Dupont Ave, Memphis, TN 38127

  Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1.5 baths. Currently renting for $1,495 per month. so as not to disturb tenants inspection scheduled after an accepted offer.

  Harry Samuels Pinnacle Realty

  1797 Dupont Ave, Memphis, TN 38127
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  /2

  $94,900

  • 3 Beds
  • 2 Baths
  • 1,129 Sq Ft

  2439 Durham 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

  2439 Durham Ave, Memphis, TN 38127
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  /12

  $80,000

  • 3 Beds
  • 1 Bath
  • 854 Sq Ft

  4530 Beacon Hill Dr, Memphis, TN 38127

  Why rent when you can own? This well-maintained one-level home offers an affordable opportunity to enjoy the benefits of home ownership without taking on a major renovation project. The spacious layout is designed for everyday living, with durable new luxury vinyl plank flooring in the main living areas and plenty of natural light throughout. The kitchen has been refreshed with new cabinets and

  Melissa Blume Thompson eXp Realty

  4530 Beacon Hill Dr, Memphis, TN 38127
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  /19

  $74,900

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,043 Sq Ft

  5037 Blacksmith Dr, Memphis, TN 38127

  Charming 3-bedroom, 1-bath home in Memphis featuring a functional layout with comfortable living spaces and updated flooring that includes wood laminate and carpeted areas. The kitchen offers convenient access to the dining and living areas, creating an easy flow for everyday living. Spacious bedrooms provide flexibility for family, guests, or a home office. The property includes public water and

  Carl Purifoy Trelora Realty

  5037 Blacksmith Dr, Memphis, TN 38127
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  /2

  $84,000

  $6K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,135 Sq Ft

  1964 Clifton Ave, Memphis, TN 38127

  Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1 baths. Currently renting for $750.00 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over 15 other rental houses available also.

  Harry Samuels Pinnacle Realty

  1964 Clifton Ave, Memphis, TN 38127
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  /2

  $90,000

  • 4 Beds
  • 1 Bath
  • 1,168 Sq Ft

  3673 Suzanne Dr, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $1,100 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

  3673 Suzanne Dr, 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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  /17

  $158,000

  • 3 Beds
  • 2 Baths
  • 1,666 Sq Ft

  3108 Mensi St, Memphis, TN 38127

  TURNKEY INVESTMENT OPPORTUNITY! This tenant-occupied 3-bedroom, 2-bath home is currently rented for $1,395/month through 4/28/2027, providing immediate rental income with an established tenant already in place. The home offers a functional floor plan and convenient parking, making it a solid addition to an investment portfolio. Whether you’re an experienced investor looking to grow your portfolio

  James Wachob Foundation Property Management

  3108 Mensi St, Memphis, TN 38127
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  /2

  $125,000

  • Land
  • 14,810 Sq Ft
  • $367,647 per Acre

  955 Circle Rd, Memphis, TN 38127

  Great opportunity to acquire three adjacent parcels being sold together: 945 N Circle Rd, 949 N Circle Rd, and 955 N Circle Cir, Memphis, TN 38127. Offering approximately 1+ acre of combined land, this assemblage provides excellent potential for investors, builders, developers, or those seeking additional space for future development. Conveniently located in North Memphis with easy access to

  Ali Nawaz KAIZEN Realty, LLC

  955 Circle Rd, Memphis, TN 38127
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  /32

  $59,900

  $25K 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!

  Thee Gaines Trelora Realty

  794 Margie Dr, Memphis, TN 38127
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  /2

  $74,000

  • 2 Beds
  • 1 Bath
  • 968 Sq Ft

  1715 Whitney Ave, Memphis, TN 38127

  Fantastic Frayser Investment Opportunity on a Sprawling Lot! Investors and savvy buyers, don't miss out on 1715 Whitney Avenue! This solid 1949-built detached single-family home features 2 comfortable bedrooms, 1 bathroom, and a functional 5-room layout stretching across 968 sq. ft. of living space. A massive selling point for this property is the incredible 0.40-acre lot ($100 \times 175$ ft),

  Curtis Bleeker KAIZEN Realty, LLC

  1715 Whitney Ave, Memphis, TN 38127
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  /2

  $90,000

  • 3 Beds
  • 1 Bath
  • 1,004 Sq Ft

  3679 Suzanne Dr, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $1,014 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

  3679 Suzanne Dr, 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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  /24

  $160,000

  • 3 Beds
  • 2 Baths
  • 1,985 Sq Ft

  3312 University St, Memphis, TN 38127

  Turnkey investment opportunity. Tenant already in place through April 2027 and rented at $1,285/month. This 3BR/2BA home with 1,985 SF was fully renovated in 2022, including new roof, updated mechanicals, and all interior finishes. Low-maintenance property ideal for an investor seeking immediate cash flow and long-term rental potential. Spacious layout, updated condition, and established tenancy

  Chad Woelke Heritage Homes Co.

  3312 University St, Memphis, TN 38127
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  /15

  $120,900

  $9K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 936 Sq Ft

  4301 University St, Memphis, TN 38127

  Discover this beautiful three-bedroom, one-bath home, fully renovated from top to bottom 1 year ago. This property features a brand-new roof, fresh paint inside and out, and stylish new light fixtures.Laminate flooring in the kitchen and throughout all the bedrooms, enhancing the home's modern appeal. The renovated bathroom offers both style and comfort. Situated on a charming corner lot, this

  Fred Sengstacke KAIZEN Realty, LLC

  4301 University St, Memphis, TN 38127
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  /2

  $99,000

  • 3 Beds
  • 1 Bath
  • 1,430 Sq Ft

  3920 Schoolfield Rd, Memphis, TN 38127

  Attention investors! Add immediate rental income to your portfolio with this tenant-occupied 3-bedroom, 1-bath investment property. Currently leased at $1,100 per month through the Housing Choice Voucher Program (Section 8), this home offers an opportunity to acquire an income-producing asset with an existing tenant in place. Lease and program documentation available for review. Please make all

  Alyssa Ivey eXp Realty

  3920 Schoolfield Rd, Memphis, TN 38127
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  /15

  $97,500

  $32K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,220 Sq Ft

  3491 Hallbrook St, Memphis, TN 38127

  Beautiful home for first time home buyers. New windows, interior doors, new tile flooring, some hardwood floors, updated bathroom, updated kitchen, new patio, freshly painted interior and exterior. very large backyard great for family gatherings.

  Michelle Batts KAIZEN Realty, LLC

  3491 Hallbrook St, Memphis, TN 38127
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  /15

  $64,900

  $15K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,088 Sq Ft

  2743 Woodlawn Terrace, Memphis, TN 38127

  Move in ready! 3 Bedroom 2 bath home with updated Kitchen and baths! Laminate floors thru out. Private Shaded large lot. Ready to add to your portfolio~~ will not go FHA.

  Scott Housewirth Crye-Leike Inc., REALTORS

  2743 Woodlawn Terrace, Memphis, TN 38127
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  /2

  $85,000

  • 3 Beds
  • 2 Baths
  • 1,381 Sq Ft

  3501 Brookmeade St, Memphis, TN 38127

  Showings will be permitted only after an accepted offer. The property currently rents for $750 per month. This asset can also be purchased as part of a larger investment package totaling $3,166,500, providing an exceptional opportunity for buyers seeking a strong portfolio addition.

  Fred Sengstacke KAIZEN Realty, LLC

  3501 Brookmeade St, Memphis, TN 38127
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  /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
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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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  /12

  $125,000

  • 3 Beds
  • 2 Baths
  • 1,110 Sq Ft

  2482 Redvers Ave, Memphis, TN 38127

  Tenant-Occupied 3BR/2BA Investment Property at 2482 Redevers — $1,100/mo Cash-flowing single-family rental with a tenant already in place paying $1,100/month, offering investors immediate income with no lease-up period required. This 3 bedroom / 2 bathroom home delivers a desirable layout that appeals to a broad tenant pool — supporting strong occupancy and dependable long-term demand. With a

  Caleb Parr Renshaw Company, REALTORS

  2482 Redvers Ave, 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

  $133,500

  • 3 Beds
  • 1 Bath
  • 1,025 Sq Ft

  5162 Broken Oak Dr, Memphis, TN 38127

  INVESTORS ONLY! Tenant occupied property that would make an excellent addition to your portfolio. Charming 3 bedroom brick home rented for $995/month with a lease secured until 12/31/2026. Tenant moved in 12/19/2025. Home was completely renovated in 2024 including new roof, new HVAC, new water heater, new carpet, paint, bathroom and kitchen updates and more! Professional management in place,

  Jeremy Veldman KAIZEN Realty, LLC

  5162 Broken Oak Dr, Memphis, TN 38127
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  /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
• 

  

  /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
• 

  

  /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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