Homes for Sale in 38127

• 

  

  /2

  $9,500

  • Land
  • 0.58 Acre
  • $16,379 per Acre

  2237 Clifton Ave, Memphis, TN 38127

  Deep single lot, with trees on the property, sewer tap for the property included (savings of appx. $12,500 with the city and build approval ready). Preferred to be sold with other properties in the package (all properties: 2237 Clifton (lot), 0(2241) Clifton (lot), 2251 Clifton (lot), 2257 Clifton (As-is SFR), 2271 Clifton (double lot), 2774 Mt Terrace (double lot)). Refer to the attached photo

  Tomo Oblak BEST Real Estate Company

  2237 Clifton Ave, Memphis, TN 38127
• 

  

  /2

  $99,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  1872 Portland Ave, Memphis, TN 38127

  Tenant Occupied Investment Opportunity~Tenant Occupied with Current Lease Through 9/30/25 for $975~Property Renovated in 2020~Renovations Included New Furnace & New Central AC~Property Currently Professionally Managed by Local PM Company~Please Do Not Disturb Tenant~No Showings Without Accepted Offer~Write Offer Contingent on Viewing/Inspections

  Jennifer Carstensen Real Estate Agency

  1872 Portland Ave, Memphis, TN 38127
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  /17

  $85,500

  • 5 Beds
  • 2 Baths
  • 1,800+ Sq Ft

  2257 Clifton Ave, Memphis, TN 38127

  This is an As-Is Single Family House spanning over 1,925 SqFt and with 5 bedrooms and two bathrooms, this is a great Fix and Flip, BRRRR or Homeowner fixup opportunity. Property was previously reframed inside, has no sheetrock, flooring or appliances in the structure at the moment. This is an owner agent listing, feel free to contact BrokerBay for showings. Property is located on a large 0.59 lot

  Tomo Oblak BEST Real Estate Company

  2257 Clifton Ave, Memphis, TN 38127
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  /11

  $89,900

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

  4499 Range Line Rd, Memphis, TN 38127

  Investment Property at the 1% Rule! Well-maintained 3-bedroom, 1-bathroom home currently leased to a reliable long-term tenant at $895/month, with a renewed lease in place through May 2026. The property underwent a full renovation in 2022, and a new water heater was installed in 2024. Professionally managed, with maintenance records and tenant ledger available upon request. Please do not disturb

  Jeremy Veldman KAIZEN Realty, LLC

  4499 Range Line Rd, Memphis, TN 38127
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  /16

  $120,000

  • 3 Beds
  • 1.5 Baths
  • 1,600+ Sq Ft

  3603 Bigelow St, Memphis, TN 38127

  Back on the market and better than before! Charming 3-bedroom, 1.5 -bath home located in the heart of the Frayser community. This well-maintained property features a bright sun room, a dedicated office space, and a spacious living area perfect for relaxing or entertaining. The kitchen comes fully equipped with appliances that will remain with the home. Schedule your showing today!

  Charlita Foulks Harris Realty Services

  3603 Bigelow St, Memphis, TN 38127
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  /32

  $125,000

  • 5 Beds
  • 18,098 Sq Ft

  3205 E Shirley Cir, Memphis, TN 38127

  Vacant Tri-Plex now available. Both 1br 1ba units are rent ready. The 3br unit needs renovated. Vacant, easy to show! Selling As-Is. No owner/creative financing.

  Caleb Parr Renshaw Company, REALTORS

  3205 E Shirley Cir, Memphis, TN 38127
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  /7

  $75,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  3101 Saint Charles Dr, Memphis, TN 38127

  Excellent opportunity for first time home buyer or investors looking to add to their portfolio of rental. This property offers immediate cash flow potential and a long-term value. This is a very nice 2 bed, 1 bath house, it is completely fenced. The roof is 4 years old. It has central heat and air (the air side is not cooling) not sure why. All this house needs is a little TLC !!!!!

  Timothy Stewart KAIZEN Realty, LLC

  3101 Saint Charles Dr, Memphis, TN 38127
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  /8

  $74,900

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

  3413 Mountain Terrace St, Memphis, TN 38127

  What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be

  Dean Harris CrestCore Realty MphsBrokerage

  3413 Mountain Terrace St, Memphis, TN 38127
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  /2

  $9,500

  • Land
  • 0.32 Acre
  • $29,688 per Acre

  935 N Frayser Cir, Memphis, TN 38127

  Beautiful lot in the heart of Frayser. Great place to build your new home. This property is also available as a package with 946 Floyd Avenue & 861 Greendale Circle, for a 3-Lot Package deal (Call for package pricing). Drive by today, and see the attractive, quiet neighborhood. Within walking distance of Westside Elementary and Middle School.

  Darnell McCurdy Crye-Leike, Inc., REALTORS

  935 N Frayser Cir, Memphis, TN 38127
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  /3

  $9,500

  • Land
  • 0.38 Acre
  • $25,000 per Acre

  861 Greendale Cir, Memphis, TN 38127

  Beautiful lot in the heart of Frayser. Great place to build your new home. This property is also available as a package with 946 Floyd Avenue & 935 Frayser Circle, for a 3-Lot Package deal (Call for package pricing). Drive by today, and see the attractive, quiet neighborhood. Within walking distance of Westside Elementary and Middle School.

  Darnell McCurdy Crye-Leike, Inc., REALTORS

  861 Greendale Cir, Memphis, TN 38127
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  /3

  $11,000

  • Land
  • 0.35 Acre
  • $31,429 per Acre

  946 Floyd Ave, Memphis, TN 38127

  Beautiful lot in the heart of Frayser. Great place to build your new home. This property is also available as a package with 861 Greendale Circle & 935 Frayser Circle, for a 3-Lot Package deal (Call for package pricing). Drive by today, and see the attractive, quiet neighborhood. Within walking distance of Westside Elementary and Middle School.

  Darnell McCurdy Crye-Leike, Inc., REALTORS

  946 Floyd Ave, Memphis, TN 38127
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  /22

  $135,500

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

  3314 Frayser View Dr, Memphis, TN 38127

  RENTED for $1350 per month! Tenant pays all utilities! Great for cash flow Turn Key Rental Investment Property Owner provides 1 year warranty that covers everything. Something other turn key properties aren't offering. Home has been tastefully and completely remodeled. Will provide great returns for years to come. Add this to your portfolio today!

  Alissa Anderson KAIZEN Realty, LLC

  3314 Frayser View Dr, Memphis, TN 38127
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  /10

  $149,900

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

  1737 Warner Ave, Memphis, TN 38127

  Only 2 years old! Open plan with 3 Bedrooms, 2 Full Bathrooms, a separate laundry room with cabinets, smooth ceilings, a kitchen with a full compliment of appliances, vinyl plank flooring, energy efficient windows, LED light fixtures, a covered front porch and more in an establish neighborhood!

  Terry Thomas Burch Realty Group

  1737 Warner Ave, Memphis, TN 38127
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  /32

  $9,900

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

  1940 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 blind offers and no wholesaler or assignment of contract offers will be accepted. *Fire-damaged property*

  Dean Harris CrestCore Realty MphsBrokerage

  1940 Pinedale Ave, Memphis, TN 38127
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  /4

  $5,000

  • Land
  • 0.21 Acre
  • $23,810 per Acre

  0 Durham Ave, Memphis, TN 38127

  Great opportunity for investor/builder. Listed below appraised value. Lots 03 and 04 available.

  Brittan Robbins Real Broker

  0 Durham Ave, Memphis, TN 38127
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  /2

  $129,900

  • 3 Beds
  • 1 Bath
  • 1,400+ Sq Ft

  2714 Nix Cove, 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 $1,250/month. Currently on month to month. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  2714 Nix Cove, Memphis, TN 38127
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  /9

  $129,900

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

  2011 Lauretta Ave, Memphis, TN 38127

  Turnkey Investment with Instant Cash Flow! Fully renovated and leased with a seasoned tenant in place, this property is professionally managed by a trusted local investment firm. Inside, you’ll find bright, spacious living with hard-surface flooring, an upgraded kitchen, and modernized bathrooms. Tenant in Place: Currently leased at $1,195/month through 9/3/27. Management: Professional property

  James Wachob Foundation Property Management

  2011 Lauretta Ave, Memphis, TN 38127
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  /12

  $125,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3276 Ashland St, Memphis, TN 38127

  Fully renovated and tenanted. This home offers INSTANT CASHFLOW, strong curb appeal & freshly painted inside and out, updated landscaping, Inside features all-new flooring, upgraded kitchen and bathroom, brand-new HVAC, NEW water heater. This property is perfect for investors seeking reliable, long-term income. Professional Property Management, in place. TENANTED PROPERTY: DO NOT APPROACH OR

  James Wachob Foundation Property Management

  3276 Ashland St, Memphis, TN 38127
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  /5

  $119,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  5382 Beaverton Dr, Memphis, TN 38127

  This fully renovated, move-in ready investment opportunity features extensive exterior upgrades such as complete painting, new roofing, smart locks, and landscaping improvements; interior enhancements including new luxury vinyl plank flooring, a modern HVAC system, and updated fixtures; a kitchen and bathroom overhaul with new cabinets, countertops, and fixtures; and final touches that include a

  James Wachob Foundation Property Management

  5382 Beaverton Dr, Memphis, TN 38127
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  /2

  $89,900

  • 2 Beds
  • 1 Bath
  • 600+ Sq Ft

  3982 Overton Crossing St, Memphis, TN 38127

  Fantastic investment opportunity in the Shelby area. This 2br/1 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $800/month. The lease ends on 03/31/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3982 Overton Crossing St, Memphis, TN 38127
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  /2

  $119,900

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

  1975 Wellons Ave, 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 $1,100/month. The lease ends on 01/30/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  1975 Wellons Ave, Memphis, TN 38127
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  /14

  $59,900

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  2046 Portland Ave, Memphis, TN 38127

  NEW PRICE !! Totally Renovated Home in move in condition. New Roof, New Hardwood Floors, New Paint Inside and Outside and New Hot Water Heater. Owner to Install 3 New A/C Units. Kitchen has been updated!

  Joseph Doughton KAIZEN Realty, LLC

  2046 Portland Ave, Memphis, TN 38127
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  /3

  $7,000

  • Land
  • 0.16 Acre
  • $43,750 per Acre

  2492 Smith Ridge Rd, Memphis, TN 38127

  An incredible opportunity to own a spacious lot in a developing area full of potential. A beautiful new construction home just sold next door, proving the growing value of this neighborhood. Whether you're an investor or future homeowner, this lot offers the perfect blank canvas. Don’t miss your chance to secure land in an area on the rise.

  Shanice Williams KAIZEN Realty, LLC

  2492 Smith Ridge Rd, Memphis, TN 38127
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  /39

  $300,000

  • 6 Beds
  • 3 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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  /14

  $89,900

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

  1337 Haywood Ave, Memphis, TN 38127

  Awesome 3/1 in Frayser - perfect for investors and owner-occupants both! The house is in good shape as it sits and just had a deep clean and new paint AND flooring throughout! Seller will credit Buyer for new condenser at closing, with quote provided upon request. It's a nice-sized brick 3-bed with a carport in a very hot rental area - great for portfolios looking to grow or a first home to

  Randall Weatherall Memphis Metro Realty

  1337 Haywood Ave, Memphis, TN 38127
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  /6

  $90,000

  • 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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  /9

  $25,000

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

  3072 Saint Croix Place Unit 91, Memphis, TN 38127

  Investor special! This 3 bed, 1.5 bath townhouse is being sold AS-IS and is perfect for those looking to renovate and add value. Some remodeling has already been started, giving you a head start on the transformation. Property needs work and is not move-in ready—ideal for cash buyers only. With the right vision and updates, this home has great potential. Don’t miss this opportunity to bring it

  LaKendrea Hall Epique Realty

  3072 Saint Croix Place Unit 91, Memphis, TN 38127
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  /13

  $25,000

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

  3076 Saint Croix Place Unit 92, Memphis, TN 38127

  Investor special! This 3 bed, 1.5 bath townhouse is being sold AS-IS and is perfect for those looking to renovate and add value. Some remodeling has already been started, giving you a head start on the transformation. Property needs work and is not move-in ready—ideal for cash buyers only. With the right vision and updates, this home has great potential. Don’t miss this opportunity to bring it

  LaKendrea Hall Epique Realty

  3076 Saint Croix Place Unit 92, Memphis, TN 38127
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  /13

  $240,000

  • 4 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  1681 Frayser Blvd, Memphis, TN 38127

  No expense was spared in its renovation, resulting in a home of unparalleled quality, convenience and luxury with a full basketball court. This 4 bedroom, 2 bathroom home is nestled in the North Alta Vista Subdivision in Frayser, Tennessee. This home boast a modern kitchen full of new appliances along with cabinets with soft close doors. A new roof and new privacy fence has been installed. This

  Janet Mims eXp Realty, LLC

  1681 Frayser Blvd, Memphis, TN 38127
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  /18

  $419,400

  • 3 Beds
  • 2.5 Baths
  • 2,800+ Sq Ft

  6007 Island Forty Rd, Memphis, TN 38127

  Tucked away in the peaceful Shelby Forest area, this beautifully maintained home offers space, comfort, and flexibility. With multiple living areas, oversized bedrooms, and a layout made for both everyday living and entertaining, there’s room for everyone. The home has been lovingly cared for and is truly move-in ready—offering updated finishes, thoughtful details, and timeless charm throughout.

  Tootie Trouy RE/MAX Right Way

  6007 Island Forty Rd, Memphis, TN 38127
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  /12

  $120,000

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

  2464 Rammesses Ave, Memphis, TN 38127

  Excellent investment with tenants already in place paying $1075. 3br/2ba. Do Not Disturb Tenants. Also see 4120 Mountain Terrace

  Jason Wallace Keller Williams Realty

  2464 Rammesses Ave, Memphis, TN 38127
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  /17

  $130,000

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

  4120 Mountain Terrace St, Memphis, TN 38127

  Excellent investment with tenants already in place paying $1100. 3br/2ba. Do Not Disturb Tenants. Also see 2464 Rammesses AV

  Jason Wallace Keller Williams Realty

  4120 Mountain Terrace St, Memphis, TN 38127
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  /7

  $100,000

  • 3 Beds
  • 1 Bath
  • 1,798 Sq Ft

  2679 Woodlawn Terrace, Memphis, TN 38127

  Price correction! Awesome investment opportunity! This could be an excellent multifamily addition to your portfolio. Seller is open to seller finance with acceptable offer. Tenant occupied and professionally managed DUPLEX! Currently rented for $900/$550. Nice corner lot. Long time tenants. Do not approach or disturb tenants. No showings without an accepted offer. No wholesale or assignment.

  William Haynes Crye-Leike, Inc., REALTORS

  2679 Woodlawn Terrace, Memphis, TN 38127
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  /11

  $89,900

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

  3817 Townsend Ave, Memphis, TN 38127

  Come take a look at your new home or your new investment rental property! This home offers many upgrades, such as a brand new toilet, new carpets, new BEAUTIFUL walls in the living room area. It has havoc, as well as window units to keep you very cool on a steamy, hot day! New roof 4 years ago. New kitchen floors 1 year ago. This home has been very well kept by the owner. Quiet

  Cherelle Tatum REMAX Experts

  3817 Townsend Ave, Memphis, TN 38127
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  /9

  $92,000

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

  3110 Aden St, Memphis, TN 38127

  Great investment opportunity. Tenant occupied, cash flowing and professionally managed property. Currently rented for $880/mo with a $850 security deposit. Lease expires 3/31/2026. Do not approach or disturb tenant. No showings without an accepted offer. No wholesale, assignment, seller finance or creative finance. Seller also selling: 3110 Aden, 3243 13 Colony #2B, 2705 McMurray, 1753 S Winston.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3110 Aden St, Memphis, TN 38127
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  /26

  $89,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  3186 W Shirley Cir, Memphis, TN 38127

  Nestled in a quiet, well-established neighborhood, this beautifully maintained 2-bedroom, 1-bathroom home offers the perfect blend of comfort and convenience. With spacious living areas, an inviting floor plan, and a generous backyard, this home is ideal for both relaxing and entertaining.

  Michael McCord Exit Realty Blues City

  3186 W Shirley Cir, Memphis, TN 38127
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  /2

  $99,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  827 Par Ave, 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 $950/month. The lease ends on 02/28/2025. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  827 Par Ave, Memphis, TN 38127
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  /21

  $49,900

  • Land
  • 2.14 Acres
  • $23,318 per Acre

  3618 N Watkins St, Memphis, TN 38127

  PRICE REDUCED! Get 2 lots for the price of ONE! Great opportunity to secure a high traffic location for your business! This spot offers great visibility for your retail business, restaurant, car lot, nail shop, you name it! The location is the former home of Bergeron's Flower Shop, so it's believed to already be set up to have utilities running to it. Buyer to confirm. This lot MUST be sold with

  Kesha Hamilton Keller Williams

  3618 N Watkins St, Memphis, TN 38127
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  /14

  $199,000

  • 3 Beds
  • 2 Baths
  • 1,400+ Sq Ft

  4457 Benjestown Rd, Memphis, TN 38127

  Country living, almost 6 acres of fenced and cross fenced. Animals on the property, Nice garden area, great for raising chickens, one paddock for a horse and 2 stalls. Easement driveway to your neighbor. Quiet area that is close to downtown Memphis as well as Millington. The driveway has 2 homes, mobile home and land begins on the left.

  Laurie Scott John Green & Co., REALTORS

  4457 Benjestown Rd, Memphis, TN 38127
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  /31

  $117,500

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

  3245 Sinclair St, Memphis, TN 38127

  Investment opportunity. Tenant occupied property available for sale. Investors only. Brick home with three bedrooms, one and a half baths and covered parking on a quiet street. Professionally managed, lease and ledger available upon request. Currently rented for $1095/mo. Seller is also has 449 Fernwood, 1675 Haywood, 1247 Vistaview, (can buy these homes in bulk or individually). Property was

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3245 Sinclair St, Memphis, TN 38127

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