Homes for Sale in 38127

• 

  

  

  /5

  $70,000

  • Land
  • 7.03 Acres
  • $9,957 per Acre

  0 N Circle Rd N Unit 10214617, Unincorporated, TN 38127

  Opportunity to own 7.03 acres of land in Shelby county. The lot is zoned R-8 Residential Single Family

  Sharon Carther BEST Real Estate Company

  0 N Circle Rd N Unit 10214617, Unincorporated, TN 38127
• 

  

  

  /9

  $75,000

  • 5 Beds
  • 1 Bath
  • 1,391 Sq Ft

  1112 Dellwood Ave, Memphis, TN 38127

  Over 2 acres at the corner of Whitney and Dellwood in Frayser. A 5 bedrooms, 1 bath house is on the property. The property will not likely go FHA, only cash or possibly conventional. Do not go to the property without an appointment. No wholesale, assignments or creative financing.

  Stephanie Moulder Groome & Co.

  1112 Dellwood Ave, Memphis, TN 38127
• 

  

  

  /18

  $112,500

  • 3 Beds
  • 1.5 Baths
  • 1,005 Sq Ft

  1675 Haywood Ave, 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, 1247 Vistaview Cove, 3245 Sinclair (can buy these homes individually or in a bulk sale

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1675 Haywood Ave, Memphis, TN 38127
• 

  

  

  /12

  $89,900

  • 3 Beds
  • 2 Baths
  • 1,002 Sq Ft

  3998 Schoolfield Cove, Memphis, TN 38127

  Quiet cove living in Frayser! This 3-bedroom, 2-bathroom ranch-style home features a functional open floor plan with a spacious 16x13 great room. Situated on a manageable slab foundation, the interior offers low-maintenance single-story living. The private lot is perfect for first-time buyers or investors looking for a solid addition to their portfolio. Conveniently located near local schools

  Alexis Martz Trelora Realty

  3998 Schoolfield Cove, Memphis, TN 38127
• 

  

  

  /19

  $119,800

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,176 Sq Ft

  2593 Durham Ave, Memphis, TN 38127

  New Listing in Frayser – Move-In Ready! Great opportunity for both investors and owner-occupants! This 3 bedroom, 2 bath home sits on a nice quiet street in Frayser and offers comfortable living with practical updates. The home features central heat and air, a brand new water heater, fresh interior paint, and newly refreshed landscaping that adds great curb appeal. Enjoy the fenced-in yard,

  Caleb Parr Renshaw Company, REALTORS

  2593 Durham Ave, Memphis, TN 38127
• 

  

  /5

  $134,900

  • 3 Beds
  • 2 Baths
  • 1,074 Sq Ft

  2505 Durham 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 $1,259/month. The lease ends on 1/31/27. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  2505 Durham Ave, Memphis, TN 38127
• 

  

  /30

  $158,000

  $4K PRICE DROP

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

  3858 Ajanders Dr, Memphis, TN 38127

  Welcome home! This charming 4-bedroom ranch offers comfort, space, and versatility--perfect for first-time buyers or anyone ready to settle in. Abundant natural light and brand-new windows throughout create a bright, welcoming atmosphere. The open floorplan is ideal for everyday living, with a spacious living room flowing seamlessly into the kitchen and adjoining dining nook, making it easy to

  Phil Hopewell Results MLS REALTORS

  3858 Ajanders Dr, Memphis, TN 38127
• 

  /2

  $300,000

  • Land
  • 4.48 Acres
  • $66,964 per Acre

  2444 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 4bedrooms and 2 baths. The property would also make a great subdivision. Build

  Amanda Lott BHHS McLemore & Co., Realty

  2444 Frayser Blvd, Memphis, TN 38127
• 

  

  /14

  $115,000

  • 3 Beds
  • 1 Bath
  • 1,038 Sq Ft

  3936 Ajanders Dr, Memphis, TN 38127

  Cute 3 Bedroom 1 Bath Brick home with Covered parking ~Big Kitchen ~~Fresh paint, Laminate and tile flooring~~ Large rooms ~~Fenced yard~~Central Heat and Air

  Scott Housewirth Crye-Leike Inc., REALTORS

  3936 Ajanders Dr, Memphis, TN 38127
• 

  

  /26

  $145,000

  $20K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 2,746 Sq Ft

  1429 Greendale Ave, Memphis, TN 38127

  SPACIOUS!! Bring your buyers to see this 4BR, 2BA home. Beautiful brick exterior with large covered front porch. Large rooms, Living/Dining combo, large eat-in kitchen and Bonus TV Room. All on one floor...carpet thru-out! Perfect home for entertaining.Being sold as is.

  John Payne BEST Real Estate Company

  1429 Greendale Ave, Memphis, TN 38127
• 

  

  /8

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,243 Sq Ft

  3969 N Trezevant St, Memphis, TN 38127

  INVESTORS ONLY – TURNKEY CASH FLOW! Solid 3-bedroom, 1-bath brick property generating $995/month in rental income with a long-term, reliable tenant in place. Lease renewed through 10/31/2026, with a proven on-time payment history since 2017. Low-maintenance brick exterior, spacious eat-in kitchen, comfortable living room, three well-sized bedrooms, and desirable corner lot. Professionally managed

  Jeremy Veldman KAIZEN Realty, LLC

  3969 N Trezevant St, Memphis, TN 38127
• 

  

  /23

  $128,000

  $12K PRICE DROP

  • 6 Beds
  • 3 Baths
  • 2,744 Sq Ft

  3273 Steele St, Memphis, TN 38127

  Investor Special, Spacious 6-bedroom, 2-bath home situated on a corner lot. This property is perfect for investors or savvy buyers looking for a fixer-upper with strong upside. This home does need repairs and is being sold As Is, making it an ideal opportunity for those ready to bring their vision to life. There is also a unique opportunity to purchase this home as part of a package deal with two

  Candice Hardaway Keller Williams

  3273 Steele St, Memphis, TN 38127
• 

  /2

  $110,000

  • 3 Beds
  • 1.5 Baths
  • 1,187 Sq Ft

  3566 Ladue St, Memphis, TN 38127

  This property is ready. Hardwood throughout, upgraded units, heating and air and roof. 3 bedrooms and 1.5 baths. Don’t miss this next opportunity to live in established brick home with large picture window, large backyard and shed.

  Marceline Williams LPT Realty, LLC

  3566 Ladue St, Memphis, TN 38127
• 

  

  /6

  $174,800

  • 2 Beds
  • 1 Bath
  • 1,188 Sq Ft

  2312 Wellons Ave, Memphis, TN 38127

  This beautiful brick 3-bedroom 1 bath Frayser neighborhood home is being offered together with five other income producing single-family homes. This is a pristine opportunity for a new investor to enter into the Rental / Investment real estate space or a "bundle deal" for a seasoned investor - Steady Income and Great Returns! The home is currently vacant and in need of mid-level rehab for no

  Derrick Brown Independence Realty&Investment

  2312 Wellons Ave, Memphis, TN 38127
• 

  

  /27

  $109,000

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,216 Sq Ft

  3646 Overton Crossing St, Memphis, TN 38127

  Nicely upkept and recently updated 3 Bed 2 Bath home perfect for investors looking to add to their portfolio. LVP flooring throughout, ring doorbell camera, range, new gas water tank, new furnace, newer condnsor and coil. Large corner lot with partially fenced yard and plenty of parking. Currently rented MHA on a new lease January 2026.

  Michael Valenza eXp Realty, LLC

  3646 Overton Crossing St, Memphis, TN 38127
• 

  

  /32

  $79,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,176 Sq Ft

  1456 Rolling Hills Dr, Memphis, TN 38127

  Welcome to this charming 3-bedroom, 1-bath home located in a quiet Memphis neighborhood. Inside, you'll find a spacious living room filled with natural light and a functional layout that flows easily into the kitchen and dining area. The kitchen offers ample cabinet space and room for everyday meals. All three bedrooms provide comfortable living space, while the full bathroom features a

  Christopher Stjernholm Trelora Realty

  1456 Rolling Hills Dr, Memphis, TN 38127
• 

  

  /7

  $115,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4503 Beacon Hill Dr, Memphis, TN 38127

  Welcome to 4503 Beacon Hill Drive! This tenant-occupied 3-bedroom, 1-bath home features hard surface flooring throughout, a spacious living area, and a modern kitchen with large shaker cabinets. All bedrooms are on one level, with a separate dining area and central heat and air for year-round comfort. Enjoy a large fenced backyard and a driveway pad for off-street parking. Don't miss this one!!

  James Wachob Foundation Property Management

  4503 Beacon Hill Dr, Memphis, TN 38127
• 

  

  /40

  $95,000

  $5K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,275 Sq Ft

  4100 Cliffdale St, Memphis, TN 38127

  Turnkey investment opportunity in the heart of 38127! This tenant-occupied 3-bedroom, 1.5-bath home offers immediate cash flow with a current rental rate of $1,050/month. Featuring a functional layout and a convenient carport, this property is ideal for investors looking to expand their portfolio with a performing asset. Located in a stable rental area with consistent demand, this home provides

  Caleb Parr Renshaw Company, REALTORS

  4100 Cliffdale St, Memphis, TN 38127
• 

  /2

  $10,000

  • Land
  • 25,264 Sq Ft
  • $17,241 per Acre

  0 Blackburn Ave Unit 10213663, Memphis, TN 38127

  This lot is the first lot 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

  0 Blackburn Ave Unit 10213663, Memphis, TN 38127
• 

  

  /16

  $37,500

  $3K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,287 Sq Ft

  1002 Creston Ave, Memphis, TN 38127

  3 bed, 1 bath home situated on a large lot in the growing Frayser area—perfect for investors looking to add value. This property offers strong upside potential with the right renovation and vision. While the home requires a full rehab, its layout and lot size provide an excellent foundation for a long-term rental or resale project. Conveniently located near major employers, shopping, and everyday

  Lawson Roberts Renshaw Company, REALTORS

  1002 Creston Ave, Memphis, TN 38127
• 

  

  /6

  $75,000

  $20K PRICE DROP

  • 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
• 

  

  /12

  $129,900

  $5K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,187 Sq Ft

  919 Chesterton Dr, Memphis, TN 38127

  Turnkey investment opportunity with immediate cash flow! This tenant-occupied property generates $1,350/month, with a tenant in place since October 2025, providing stable income and reduced vacancy risk. Located in an unincorporated area with low county taxes, helping maximize investor returns. Ideal for both new and seasoned investors, with potential eligibility for various financing options,

  David Truong eXp Realty, LLC

  919 Chesterton Dr, Memphis, TN 38127
• 

  /2

  $5,909

  • Land
  • 25,700 Sq Ft
  • $10,015 per Acre

  0 Chandler St, Memphis, TN 38127

  Angelita Parham KAIZEN Realty, LLC

  0 Chandler St, Memphis, TN 38127
• 

  

  /23

  $194,500

  • 3 Beds
  • 2 Baths
  • 1,582 Sq Ft

  2460 Woodvale Dr, Memphis, TN 38127

  Lovely, updated, and move-in ready home on a spacious corner lot! Open concept living room, great room, and dining room with plenty of natural light. New paint and fixtures throughout. New luxury vinyl plank flooring throughout. Updated eat-in kitchen with cabinets for days. Remodeled bathrooms. Separate laundry room with washer/dryer included. Two-car carport with large storage room. Come have a

  Christian Townsend Renshaw Company, REALTORS

  2460 Woodvale Dr, Memphis, TN 38127
• 

  

  /35

  $94,900

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,112 Sq Ft

  3691 Ardmore St, Memphis, TN 38127

  This beautiful 3 bedroom 1 bathroom home is equipped with plenty of storage space. This home comes equipped with vinyl plank flooring , a stand-up bar area inside the kitchen, a laundry room with washer and dryer connections, spacious-dining and living area with all bedrooms spacious enough for queen-sized beds. One bedroom even includes an antique built-in bookshelf for the convenience of space

  Tiffany Jones Trelora Realty

  3691 Ardmore St, Memphis, TN 38127
• 

  

  /4

  $115,000

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

  4001 Point Church Rd, Memphis, TN 38127

  Amazing opportunity to buy a 3 bedroom 2 full bath property near Amazon & Nike Distribution centers. Property has vinyl siding on the exterior. Currently tenant occupied and income producing, $925 monthly rent, Section 8 tenant, Month to Month. Do not disturb Tenant. Make offers contingent on inspections. No showings until contract is in place. No seller financing available, no wholesalers.

  LaJuana Miller KAIZEN Realty, LLC

  4001 Point Church Rd, Memphis, TN 38127
• 

  /2

  $119,500

  $6K PRICE DROP

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

  635 Mcwhirter Ave, Memphis, TN 38127

  TENANT OCCUPIED!!!! DO NOT DISTURB TENANTS!!!! All offers must be approved prior to any insspections. Offer instructions are in the documents. 635 McWhirter rents for $600 a month 637 McWhirter rents for $780 a month

  Henry Booth Omni, REALTORS

  635 Mcwhirter Ave, Memphis, TN 38127
• 

  

  /9

  $143,000

  New Construction

  • 3 Beds
  • 2 Baths
  • 863 Sq Ft

  4431 Ryan St, Memphis, TN 38127

  Affordable living in an established neighborhood—this newly built home brings comfort, style, and value together in one inviting package. Offering 4 bedrooms and 2 full baths, this thoughtful layout is perfect for everyday living and room to grow. You’ll love the wood laminate flooring throughout, bringing a clean and polished look to every space. The modern kitchen features beautiful granite

  Tanika Bland BEST Real Estate Company

  4431 Ryan St, Memphis, TN 38127
• 

  /2

  $85,000

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,077 Sq Ft

  2610 Derbyshire Ave, Memphis, TN 38127

  INVESTORS ONLY! Tenant Occupied property that is currently rented at $939/mo. Professionally managed. This can be a great addition to your investment portfolio. (Lease, Ledger available upon request.) No Sign, Make all offers contingent on interior inspection, no Wholesalers, no Assignments, no owner financing or subject to offers will be considered.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2610 Derbyshire Ave, Memphis, TN 38127
• 

  

  /18

  $150,000

  • 3 Beds
  • 1 Bath
  • 1,778 Sq Ft

  1274 Frayser Blvd, Memphis, TN 38127

  Charming property located at 1274 Frayser Road offering great potential for homeowners or investors alike. This home features a spacious layout, ample yard space, and convenient access to nearby schools, shopping, and major roadways. With a little vision, this property can truly shine. Schedule your showing today!

  Shekila Shields KAIZEN Realty, LLC

  1274 Frayser Blvd, Memphis, TN 38127
• 

  /2

  $24,000

  $1K PRICE DROP

  • Land
  • 32,234 Sq Ft
  • $32,432 per Acre

  883 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

  883 Whitney Ave, Memphis, TN 38127
• 

  

  /23

  $95,001

  $11K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 925 Sq Ft

  1972 Whitney Ave, Memphis, TN 38127

  Investor or Owner Occupant Cute renovated 3 bedroom 1 bath home. NEW vinyl floorings, Fresh paint interior and exterior. NEW HVAC, NEW lighting, NEW washer connections and dryer vent. Large oversized yard fenced in front yard and back yard. Driveway and street parking. Priced to sell. Great addition to your portfolio.

  Suzanne Smith Enterprise, REALTORS

  1972 Whitney Ave, Memphis, TN 38127
• 

  

  /3

  $86,000

  $3K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,046 Sq Ft

  1907 Kingsley Ave, Memphis, TN 38127

  3-bedroom, 1.5-bath ranch built in 1957 with approximately 1,046 sq ft, hardwood flooring throughout, a carport, and a generous ~0.29-acre lot in the Frayser neighborhood. TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Leased through 03/2028 at $895/month.

  James Wachob Foundation Property Management

  1907 Kingsley Ave, Memphis, TN 38127
• 

  

  /34

  $94,900

  • 3 Beds
  • 1 Bath
  • 1,297 Sq Ft

  2328 Millbrook Ave, Memphis, TN 38127

  Charming 3BR/1BA brick ranch on a spacious corner lot in Northwood Manor. Features original hardwoods, a functional layout, and a front-load garage. Large, level backyard ideal for entertaining. Convenient access to shopping and transit. Move-in ready or perfect for investment!

  Alexis Martz Trelora Realty

  2328 Millbrook Ave, Memphis, TN 38127
• 

  

  /28

  $112,500

  • 3 Beds
  • 1.5 Baths
  • 1,131 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
• 

  

  /23

  $79,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 864 Sq Ft

  4518 Suncrest Dr, Memphis, TN 38127

  Hurry and come see this beautifully updated home with luxury touches throughout! Recently remodeled with new flooring, an updated kitchen, and a roof less than four years old, this property is move-in ready and perfect as a personal residence or income-producing investment. Conveniently located near shopping and major routes - a great find in the Frayser area! Home is currently occupied, please

  Melody Mitchell TRUST REALTY GROUP

  4518 Suncrest Dr, Memphis, TN 38127
• 

  /2

  $95,000

  • 3 Beds
  • 1 Bath
  • 1,430 Sq Ft

  3674 Mountain Terrace St, Memphis, TN 38127

  Incredible investment opportunity available with tremendous cash flow and huge potential upside! This home is currently rented for $1050/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

  William Haynes Crye-Leike, Inc., REALTORS

  3674 Mountain Terrace St, Memphis, TN 38127
• 

  

  /15

  $90,000

  • 3 Beds
  • 2.5 Baths
  • 1,476 Sq Ft

  3091 Range Line Rd Unit 6, Memphis, TN 38127

  Mortgage around $700/month. Area qualifies for NO DOWNPAYMENT programs. 5 condos available. Discover comfort and convenience in this condo (with no HOA) that has 3 bedrooms and 2 full bathrooms upstairs. The main floor has two living areas, ideal for relaxing or entertaining, along with a convenient half bath for guests. Close to the interstate for commuters and close to Nike and Amazon for any

  Alicia Taylor The Home Partners Realty

  3091 Range Line Rd Unit 6, Memphis, TN 38127
• 

  

  /19

  $225,900

  $4K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,242 Sq Ft

  2850 Mandale Ave, Memphis, TN 38127

  Fully renovated 3-bedroom, 1.5 bath home with designer finishes throughout and a spacious private backyard. All major systems have been recently upgraded, including a new HVAC system, new roof, new windows, and new flooring. The chef’s kitchen features all new cabinets, quartz countertops, a new backsplash, brass hardware, a gas stove with a stainless vent hood. The renovated full bath is

  Juan Torres Fast Track Realty, LLC

  2850 Mandale Ave, Memphis, TN 38127
• 

  /2

  $79,852

  $14K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,054 Sq Ft

  3564 England St, Memphis, TN 38127

  Charming 3-bedroom, 1-bath brick home featuring a single-car carport and classic curb appeal. This property is currently leased at $1,000 per month through July 31, 2026, offering immediate rental income for investors. Please note: the home is occupied — do not disturb tenant. To minimize disruption, interior showings will be permitted only after an accepted contract, contingent upon interior

  LaTonya Hammond Lawrence Johnson, REALTORS

  3564 England St, Memphis, TN 38127

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