Homes for Sale in 38127

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  /31

  $5,500,000

  • 136 Beds
  • 61,458 Sq Ft

  3236 Millington Rd, Memphis, TN 38127

  Welcome to Urban Bayou Apartments! By far the nicest complex in this fast developing area. Immediate Cash Flow, turn key, garden style apartment complex. 76 units, 16 1 bedroom and 60 2 bedroom with a total of 10 buildings including a laundry facility and maintenance building. 1st floor units have tile flooring/2nd floor units have LVP. Currently 66 of the units are rented - fully rented

  Jordan Schieffler Ware Jones, REALTORS

  3236 Millington Rd, Memphis, TN 38127
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  $75,000

  • 3 Beds
  • 1 Bath
  • 951 Sq Ft

  3596 Julia St, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $665 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

  3596 Julia St, Memphis, TN 38127
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  $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
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  $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
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  /25

  $140,000

  • 3 Beds
  • 2 Baths
  • 1,313 Sq Ft

  2753 E Skyline Cir, Memphis, TN 38127

  Welcome to this updated home located in the Woodland Hills subdivision of Memphis’ Frayser area. This home features new carpet in the bedrooms and easy-to-maintain tile flooring throughout the living room, kitchen, and bathroom. The backyard offers added privacy with a new fence, creating a great space for relaxing, entertaining, or enjoying time outdoors. Situated in a quiet residential setting

  Anthony Mannie KAIZEN Realty, LLC

  2753 E Skyline Cir, Memphis, TN 38127
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  $115,000

  $15K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,297 Sq Ft

  2179 Stephanie Ave, Memphis, TN 38127

  Turnkey 3BR/1BA Investment Home in Frayser — Vacant, being marketed at $1150/mo. Would make an excellent investment opportunity with it being recently renovated. Please note: No seller financing or creative financing — cash or conventional financing only

  Caleb Parr Renshaw Company, REALTORS

  2179 Stephanie Ave, Memphis, TN 38127
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  /4

  $58,000

  • Land
  • 5,662 Sq Ft
  • $446,154 per Acre

  5033 Carterville Place, Memphis, TN 38127

  FIVE residential parcels being offered as a package for only $58,000!! This package includes Properties located at: 301 Flynn Rd. Memphis 38109 5033 Carterville Pl. Memphis 38127 5041 Carterville Pl. Memphis 38127 2065 Pamela Dr. Memphis 38127 1229 Gausco Rd. Memphis 38106 (the two partials on Carterville are adjoining) This package presents a great opportunity for investors, builders or buyers

  Rolanda Smith eXp Realty, LLC

  5033 Carterville Place, Memphis, TN 38127
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  /2

  $149,900

  • 4 Beds
  • 2.5 Baths
  • 1,732 Sq Ft

  1243 Darm Ave, Memphis, TN 38127

  Do Not Disturb Tenant!!!!!! 4-bedroom 2 full bath and 1 half bath home with section 8 tenant paying $1575 a month. Home was fully renovated in 2024.Property is being sold as is where is. No showings until after offer has been accepted.

  Fred Sengstacke KAIZEN Realty, LLC

  1243 Darm Ave, Memphis, TN 38127
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  /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
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  $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 offers comfort, style, and value all in one inviting package. Featuring 3 bedrooms and 2 full baths, the layout is perfect for everyday living with room to grow. Enjoy laminate flooring throughout, giving each space a clean and polished look. The modern kitchen includes beautiful granite countertops and large shaker cabinets,

  Tanika Bland BEST Real Estate Company

  4431 Ryan St, Memphis, TN 38127
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  /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 $939.75/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
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  /5

  $85,000

  • 3 Beds
  • 1 Bath
  • 921 Sq Ft

  2220 Hillside Ave, Memphis, TN 38127

  PLEASE DO NOT DISTURB THE TENANT Fantastic investor special or addition to your rental portfolio in Frayser! Built in 1957, this classic 3-bedroom, 1-bath single-family home offers 921 sq. ft. of living space and sits on a deep 0.36-acre lot (80x199) with mature trees. Featuring a highly functional 6-room, single-story layout with all 3 bedrooms on the main level, this property is full of

  Curtis Bleeker KAIZEN Realty, LLC

  2220 Hillside Ave, Memphis, TN 38127
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  /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
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  /2

  $80,000

  • 3 Beds
  • 1 Bath
  • 920 Sq Ft

  2932 Letrec Cove, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $740 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

  2932 Letrec Cove, Memphis, TN 38127
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  /2

  $134,900

  • 3 Beds
  • 2 Baths
  • 1,026 Sq Ft

  646 Creekstone Cir, Memphis, TN 38127

  Welcome to 646 Creekstone Circle, Memphis, TN! This beautifully maintained home is move-in ready and packed with updates. Freshly painted and remodeled within the last three years, it offers a modern feel while maintaining a warm and inviting atmosphere. Whether you're a first-time homebuyer, looking to upgrade, or searching for your next investment, this home is sure to impress. Enjoy

  Kim Laughter-Foley Laughter Realty, Inc

  646 Creekstone Cir, Memphis, TN 38127
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  $69,900

  $25K PRICE DROP

  • 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!

  Thee Gaines Trelora Realty

  2328 Millbrook Ave, Memphis, TN 38127
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  /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
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  /7

  $105,000

  • 3 Beds
  • 1 Bath
  • 980 Sq Ft

  4310 Mountain Terrace St, Memphis, TN 38127

  Come home and bring your family. New laminate floors in all bedrooms and living room, New paint. 3 bedrooms, Living room, dining room, laundry room, carport and spacious backyard.

  Marceline Williams LPT Realty, LLC

  4310 Mountain Terrace St, Memphis, TN 38127
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  /2

  $700,000

  • 28 Beds

  1861 Corning Ave, Memphis, TN 38127

  Investment opportunity in North Memphis with immediate cash flow and value add potential. This property is currently stabilized and producing income, offering investors the opportunity to acquire an asset with upside through rent growth and continued management. Current rents are below market in several units, creating the potential to increase revenue over time while maintaining occupancy.

  Dylan Patel Grand Point Realty, LLC

  1861 Corning Ave, Memphis, TN 38127
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  /2

  $90,000

  • 3 Beds
  • 2 Baths
  • 1,208 Sq Ft

  3476 Brookmeade St, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $900 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

  3476 Brookmeade St, Memphis, TN 38127
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  /2

  $101,770

  • 3 Beds
  • 1.5 Baths
  • 1,602 Sq Ft

  5088 Breckenwood Dr, Memphis, TN 38127

  Expand your investment portfolio with this excellent rental opportunity. Situated in a desirable rental market, this property offers convenient access to shopping, dining, major employers, and other local amenities. Please note that wholesale offers and contract assignments will not be considered.

  Dean Harris CrestCore Realty MphsBrokerage

  5088 Breckenwood Dr, Memphis, TN 38127
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  /15

  $64,900

  $15K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,253 Sq Ft

  3285 Beechmont St, Memphis, TN 38127

  This property is situated in a predominantly residential pocket of the Frayser area in North Memphis, known for its established single-family homes, mature streetscapes, and a generally quiet, neighborhood-focused setting. The location offers practical access to everyday conveniences, including nearby schools, local shops, and essential services along major routes like Frayser Blvd and Thomas St,

  Thee Gaines Trelora Realty

  3285 Beechmont St, Memphis, TN 38127
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  $120,000

  • 3 Beds
  • 1.5 Baths
  • 1,351 Sq Ft

  2521 Saint Elmo Ave, Memphis, TN 38127

  Great opportunity for a wonderful home with an open floor plan. Big living area and a huge kithcen with beautiful mahogany cabinets, fresh paint in and out plus 3 bedrooms and 1.5 baths all at a great price. Seller to install new heat and air and new carpet just prior to closing. Don't miss this.

  Jimmie Tapley Crye-Leike, Inc., REALTORS

  2521 Saint Elmo Ave, Memphis, TN 38127
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  /2

  $94,000

  $1K PRICE DROP

  • 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
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  /6

  $135,000

  • 3 Beds
  • 1 Bath
  • 816 Sq Ft

  4412 Ryan St, Memphis, TN 38127

  Turnkey investment opportunity with immediate cash flow! This 3BR/1BA home offers approximately 816 SF. Professionally managed and generating stable income from day one, this property is an excellent addition to any rental portfolio. Convenient location near schools, shopping, and major roadways.

  Jonathan Minerick homecoin.com

  4412 Ryan St, Memphis, TN 38127
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  /5

  $89,900

  • 4 Beds
  • 1 Bath
  • 1,057 Sq Ft

  644 Northaven Dr, Memphis, TN 38127

  Property is tenant occupied and income producing. No showings until contract is in place. Roof approximately 6 years old. Monthly rent: $750

  LaJuana Miller KAIZEN Realty, LLC

  644 Northaven Dr, Memphis, TN 38127
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  /15

  $85,000

  $5K PRICE DROP

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

  3091 Range Line Rd Unit 6, Memphis, TN 38127

  Mortgage around $700/month. (no HOA) 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 employees looking to be owner occupants. Open for renters/investors.

  Alicia Taylor The Home Partners Realty

  3091 Range Line Rd Unit 6, Memphis, TN 38127
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  /18

  $18,995

  $11K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 864 Sq Ft

  4500 Sunny Cove, Memphis, TN 38127

  Come get the best deal in Memphis. This property is sold as-is. No blind offers or assignments will be accepted. This one will go quick. Make an offer before it's too late.

  Koby Drake Keller Williams

  4500 Sunny Cove, Memphis, TN 38127
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  /19

  $225,900

  $4K PRICE DROP

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

  2850 Manndale Dr, 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 Manndale Dr, Memphis, TN 38127
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  /2

  $85,000

  • 3 Beds
  • 1 Bath
  • 993 Sq Ft

  3579 Ladue St, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $825 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

  3579 Ladue St, Memphis, TN 38127
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  /22

  $120,000

  • 3 Beds
  • 1.5 Baths
  • 1,094 Sq Ft

  3090 Spring Hill Dr, Memphis, TN 38127

  Move-In Ready & Fully Renovated! Perfect for first time home buyers! Welcome home to this beautifully renovated 3-bedroom, 1.5-bath home offering modern style, quality updates, and exceptional value. Step inside to discover an open, inviting interior featuring luxury vinyl plank flooring, granite countertops, refinished cabinetry, and a completely remodeled bathroom with contemporary finishes.

  Mario Jaramillo Highland Realty Services

  3090 Spring Hill Dr, Memphis, TN 38127
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  /2

  $90,000

  • 3 Beds
  • 1.5 Baths
  • 1,164 Sq Ft

  2093 Belover Dr, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $900 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

  2093 Belover Dr, Memphis, TN 38127
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  /2

  $85,000

  • 3 Beds
  • 1 Bath
  • 1,072 Sq Ft

  2201 Theda Ave, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $595 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

  2201 Theda Ave, Memphis, TN 38127
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  /12

  $110,000

  • 3 Beds
  • 1 Bath
  • 1,285 Sq Ft

  2310 Theda Ave, Memphis, TN 38127

  Great addition to your investment portfolio. Three bedroom, one bath with an additional room that could potentially be used as a 4th bedroom. Large master suite with walk in closet. Large covered back patio. Covered parking in front. Substantially remodeled since 2023 including bathroom, kitchen cabinets and countertops, interior paint, doors, window latches and drain line. Currently tenant

  William Haynes Crye-Leike, Inc., REALTORS

  2310 Theda Ave, Memphis, TN 38127
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  $375,000

  • Land
  • 5.86 Acres
  • $63,993 per Acre

  5155 Benjestown Rd, Memphis, TN 38127

  34.67 acres are included in this incredible opportunity featuring four parcels being sold together in one transaction. The property is zoned Conservation Agriculture, which supports sustainable living, crop cultivation, gardening, livestock, and other low-impact agricultural uses while preserving the natural landscape. This property is perfect for building a custom barndominium, creating a family

  Jessica Niter The Home Partners Realty

  5155 Benjestown Rd, Memphis, TN 38127
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  /13

  $154,900

  • 3 Beds
  • 1.5 Baths
  • 1,589 Sq Ft

  3166 Mensi St, Memphis, TN 38127

  TURNKEY INVESTMENT OPPORTUNITY! This tenant-occupied 3-bedroom, 2-bath home is currently rented for $1,395/ month through 06/14/2027, 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

  James Wachob Foundation Property Management

  3166 Mensi St, Memphis, TN 38127
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  /8

  $80,000

  $5K PRICE DROP

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

  3005 Sunrise St, Memphis, TN 38127

  ATTENTION INVESTORS! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 2-bedroom, 1-bath single-family home is currently generating $900/ month in rental income, with the current lease running through 07/10/2027. 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

  3005 Sunrise St, Memphis, TN 38127
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  /20

  $64,900

  $25K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 997 Sq Ft

  3624 Mountain Terrace St, Memphis, TN 38127

  Located in a quiet, established part of northern Memphis, Tennessee. The surrounding area has a calm, low-traffic atmosphere with a mix of local streets and everyday community activity. It offers convenient access to nearby schools, small businesses, and essential services, along with main roads that connect efficiently to other parts of the city. The location reflects the broader character of

  Thee Gaines Trelora Realty

  3624 Mountain Terrace St, Memphis, TN 38127
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  /2

  $85,000

  • 3 Beds
  • 1 Bath
  • 1,315 Sq Ft

  1340 Vicoscia Ave, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $775 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

  1340 Vicoscia Ave, Memphis, TN 38127
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  /2

  $64,900

  $24K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,296 Sq Ft

  5260 Cedar Bluff Dr, Memphis, TN 38127

  currently tenant-occupied, with tenants paying $600 per month on a month-to-month basis.Please do not disturb the tenants.No interior showings will be allowed until an offer has been accepted.

  Fred Sengstacke KAIZEN Realty, LLC

  5260 Cedar Bluff Dr, Memphis, TN 38127

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