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Investment - Homes for Sale in Memphis, TN

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  • /25

    $170,000

    • 3 Beds
    • 1.5 Baths
    • 1,451 Sq Ft

    3965 Plymouth Ave, Memphis, TN 38128

    Fully renovated 3-bedroom, 1.5 bath home offering approximately 1,451 square feet of comfortable living space in the Raleigh area. Recent updates include refinished hardwood flooring, upgraded kitchen & bath finishes, modern fixtures, refreshed interior paint, & much more. The property also features a fenced-in backyard, providing added privacy & outdoor usability. Improvements create a

    Agent Photo

    Jordan Ray

    eXp Realty, LLC

    (901) 763-8447

    3965 Plymouth Ave, Memphis, TN 38128
  • /2

    $115,000

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

    1075 Kney St, Memphis, TN 38107

    This is a a perfect starter home / Investment property. Home has been renovated and is move in ready! 3 bedrooms/1 bathroom

    Agent Photo

    Leaser Coleman

    Empire Realty, LLC

    (901) 582-7113

    1075 Kney St, Memphis, TN 38107
  • /24

    $235,000

    • 3 Beds
    • 2 Baths
    • 1,658 Sq Ft

    1428 Snowden Ave, Memphis, TN 38107

    Located in the historic Speedway Terrace district, this beautifully renovated 3-bedroom, 2-bath home offers the perfect blend of character and modern updates. The spacious layout features updated finishes throughout and a massive upstairs bonus room ideal for a second living area, office, game room, or additional sleeping space. The fenced-in backyard provides privacy and room for outdoor

    Agent Photo

    Jordan Ray

    eXp Realty, LLC

    (901) 446-1749

    1428 Snowden Ave, Memphis, TN 38107
  • /2

    $65,000

    • 3 Beds
    • 1 Bath
    • 1,070 Sq Ft

    2938 Conti Cove, Memphis, TN 38127

    A great investment property to rehab. Great location in a quite cove. Make your best offer.

    Agent Photo

    Jo Mathes

    Pinnacle Realty

    (901) 445-7715

    2938 Conti Cove, Memphis, TN 38127
  • /17

    $80,000 Open Sun 2PM - 4PM

    • 3 Beds
    • 1.5 Baths
    • 1,364 Sq Ft

    3420 Gladstone Cove, Memphis, TN 38128

    Rancher with 3 bedrooms and 1.5 baths. 2 carport areas, one on front and one in back. Cul-de-sac lot. Fenced back yard. Property needs a little love but it has a great floorplan. Open kitchen dining room and a large extra room that could be utilized as a 4th bedroom of family room. Great first time buyer property with some sweat equity, rehab loan to bring up to your quality and standards or a

    Agent Photo

    Christy Cj Pace

    Pace Probity Asset Management

    (901) 657-1289

    3420 Gladstone Cove, Memphis, TN 38128
  • /24

    $100,000

    • 3 Beds
    • 1 Bath
    • 948 Sq Ft

    686 Delta Rd, Memphis, TN 38109

    Get up to $25,000 toward your first home! Move in with the City of Memphis' Citywide DPA program! Charming 3-bedroom, 1-bathroom home offering 948 square feet of comfortable living space on a peaceful street. This well-maintained property presents an excellent opportunity for first-time buyers ready to put down roots or savvy investors seeking solid returns. The thoughtfully designed layout

    Agent Photo

    Jordan Ray

    eXp Realty, LLC

    (901) 660-9403

    686 Delta Rd, Memphis, TN 38109
  • /21

    $220,000

    • 2 Beds
    • 2 Baths
    • 1,572 Sq Ft

    1220 Snowden Ave, Memphis, TN 38107

    Located in the Speedway Terrace Historic District, this classic 1912 Craftsman bungalow duplex with Victorian Folk influence offers both historic character & income potential in the heart of Memphis. The property is a duplex with 2 fully furnished units, each has 1 bed/1 bath, and is currently operating as a short-term rental, providing immediate revenue opportunity. Rich in early-20th-century

    Agent Photo

    Jordan Ray

    eXp Realty, LLC

    (901) 780-7542

    1220 Snowden Ave, Memphis, TN 38107
  • /2

    $76,000

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

    598 Orchard Ave, Memphis, TN 38127

    Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Now vacant as of 1/31/26. Professionally managed.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 660-2613

    598 Orchard Ave, Memphis, TN 38127
  • /23

    $160,000

    • 3 Beds
    • 2 Baths
    • 1,205 Sq Ft

    4575 Buffer Dr, Memphis, TN 38128

    Welcome home. This cozy 3 bed, 2 bath home is ideal for an investment property or owner occupant. The living room features high vaulted ceilings with a fireplace as the center piece, and has access to the covered patio. It features central heating and air, plus ceiling fans in each room, LVP flooring throughout, updated bathrooms, a pantry in the kitchen, a breakfast bar, and a nice sized shed in

    Agent Photo

    Haydn Wiseman

    Cahltrep Realty, LLC

    (901) 660-9808

    4575 Buffer Dr, Memphis, TN 38128
  • /29

    $225,000

    • 4 Beds
    • 4 Baths
    • 2,167 Sq Ft

    3635 Faxon Ave, Memphis, TN 38122

    CLEAN! FULLY OCCUPIED. This duplex has two fabulous happy renters!$2200 a month coming in monthly from the great current renters. WONDERFUL DUPLEX IN A GOOD LOCATION. Turnkey investment!!! Fully occupied with dependable tenants ($1100 & $1100/month), including one long term renter. Exceptionally maintained, sharp, and clean throughout. Tenants are happy.

    Agent Photo

    Kendra Bell

    Crye-Leike, Inc., REALTORS

    (901) 295-3267

    3635 Faxon Ave, Memphis, TN 38122
  • /2

    $324,999

    • 3 Beds
    • 2 Baths
    • 1,261 Sq Ft

    1360 Island Town Dr, Memphis, TN 38103

    Incredible investment opportunity! Turnkey w/long-term tenant. Located in the Island View subdivision of scenic Mud Island, this inviting 1 story home offers comfort, charm & convenience. 3BD 2BA, open floor plan w/ vaulted great room highlighted by a cozy fireplace. Kitchen flows seamlessly into dining area that bridges the heart of the home. Primary suite has vaulted ceiling, walk-in closet &

    Agent Photo

    April Bryan

    Bryan Realty Group

    (901) 716-7658

    1360 Island Town Dr, Memphis, TN 38103
  • /2

    $113,250

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    3633 Early St, Memphis, TN 38127

    Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $725/mo. Professionally managed. Lease expires on 8/30/25

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 617-7953

    3633 Early St, Memphis, TN 38127
  • /2

    $139,999

    • 8 Beds
    • 4 Baths
    • 2,784 Sq Ft

    1218 Ethel St, Memphis, TN 38114

    Great investment opportunity! Each unit offers 4 bedrooms and 2 bathrooms. Some repairs are needed to bring these spacious units to their full potential, making them ideal for any investor portfolio. All offers must include proof of funds. This unit can be sold individually or with 1218 Ethel.

    Agent Photo

    Rasheedah Jones

    Dreamteam Realty Co

    (901) 660-4250

    1218 Ethel St, Memphis, TN 38114
  • /2

    $93,500

    • 2 Beds
    • 1 Bath
    • 792 Sq Ft

    831 Alice Ave, Memphis, TN 38106

    Awesome investment property! Tenant occupied at $1175/month until July 31, 2026. Professionally managed by RJ Property Management. Lease and ledger are available upon request. Seller has another property for sale and will sell individually or as a package. The other address is 663 Lucy Ave. Both properties occupied. Do not disturb tenants. No viewings until accepted offer in place. NO seller

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    Haydn Wiseman

    Cahltrep Realty, LLC

    (901) 660-9423

    831 Alice Ave, Memphis, TN 38106
  • /40

    $399,700

    • 14 Beds
    • 3,264 Sq Ft

    1009 Rozelle St, Memphis, TN 38114

    7BEDS/4BATH w/ newer roof! Located near the Central Gardens Historic District & Cooper Young. This charming fourplex is a prime investment opportunity! Fully leased and tons of character! The property features THREE two-bedroom units & ONE one-bedroom unit, each offering hardwood floors. With the $20M Union Station development underway nearby—including new townhomes and a 5-story hotel—this area

    Agent Photo

    Catrell Maclin

    KAIZEN Realty, LLC

    (901) 554-4100

    1009 Rozelle St, Memphis, TN 38114
  • /2

    $90,000

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

    3267 Millington Rd, Memphis, TN 38127

    Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $700/mo. Professionally managed. Lease expires on 9/20/25

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 446-3468

    3267 Millington Rd, Memphis, TN 38127
  • /14

    $120,000

    • 3 Beds
    • 1 Bath
    • 900 Sq Ft

    3290 Valley Stream Cove, Memphis, TN 38128

    Very solid investment opportunity in 38128! Completely renovated in 2024 prior to tenant move-in! TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Property is rented for $1,150/month & the lease expires 1/1/2027. Section 8 tenant. Copy of the lease available upon request. No showings without an accepted contract. Make offers contingent on inspection. Listing photos & video taken after

    Agent Photo

    Jordan Ray

    eXp Realty, LLC

    (901) 563-3598

    3290 Valley Stream Cove, Memphis, TN 38128
  • /12

    $100,000

    • 4 Beds
    • 1.5 Baths
    • 1,138 Sq Ft

    1001 Canary Ln, Memphis, TN 38109

    Forget the "fixer-upper" nightmares—this is a Fresh Start. Once a disaster zone, this property has been stripped of the junk and prepped for a total transformation. We’ve cleared the canvas so you can paint the profit. The Heavy Lifting is Done: New Roof & Eaves: Recently replaced to seal the envelope and protect your investment. Clean Slate: All broken appliances, rotted cabinets, and old

    Agent Photo

    Jason Miller

    eXp Realty, LLC

    (901) 909-4120

    1001 Canary Ln, Memphis, TN 38109
  • /8

    $229,000

    • 3 Beds
    • 2 Baths
    • 1,406 Sq Ft

    2774 Breezy Ridge Trail, Cordova, TN 38016

    Current Rent: $1,980/month Lease Term: Secured through June 30, 2026 Tenant-Occupied: Immediate rental income from day one Property Highlights: Strong, consistent cash flow Lease in place—no vacancy concerns Desirable location in Memphis Ideal for both seasoned and first-time investors Sit back and collect income with this hassle-free investment property. With a reliable tenant already in place,

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    Austin Hall

    Evernest Too, LLC

    (901) 668-7394

    2774 Breezy Ridge Trail, Cordova, TN 38016
  • /2

    $130,000

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

    518 Burlington Cir, Memphis, TN 38127

    Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Vacant as of 1/31/26

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 665-3175

    518 Burlington Cir, Memphis, TN 38127
  • /3

    $11,500

    • Land
    • 0.11 Acre
    • $104,545 per Acre

    2212 Marble Ave, Memphis, TN 38108

    Builders/Investors this one is for YOU!!! Prime vacant corner lot located at 2212 Marble Ave. Suitable for new construction or investment. This lot is located in an established neighborhood with easy access to schools, shopping, and major roadways. Don't miss this opportunity to build in a thriving community

    Agent Photo

    Nicole Sykes

    The Home Partners Realty

    (901) 719-0580

    2212 Marble Ave, Memphis, TN 38108
  • /2

    $102,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    908 Restbrook Ave, Memphis, TN 38127

    Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $725/mo. Professionally managed. Lease expires on 4/24/26

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 617-7626

    908 Restbrook Ave, Memphis, TN 38127
  • /2

    $92,500

    • 2 Beds
    • 1 Bath
    • 600+ Sq Ft

    1045 Carrolton Ave, Memphis, TN 38127

    Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $800/mo. Professionally managed. Lease expires on 4/4/26

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 657-1902

    1045 Carrolton Ave, Memphis, TN 38127
  • /2

    $102,000

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft

    3176 Benjestown Rd, Memphis, TN 38127

    Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $775/mo. Professionally managed. Lease expires on 8/30/25

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 673-2392

    3176 Benjestown Rd, Memphis, TN 38127
  • /2

    $109,000

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

    851 Floyd Ave, Memphis, TN 38127

    Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Vacant as of 1/31/26

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 668-6238

    851 Floyd Ave, Memphis, TN 38127
  • /15

    $400,000

    • Land
    • 9.31 Acres
    • $42,965 per Acre

    3794 Horn Lake Rd, Memphis, TN 38109

    Welcome to 9.3 acres of natural beauty! This property is filled with mature hardwoods and offers a versatile landscape with a mix of open space in the front and serene wooded areas in the back. Its prime location provides quick access to Downtown Memphis, North Mississippi, and Tunica casinos—all within easy driving distance. With plenty of road frontage and secluded sections, this land is ideal

    Agent Photo

    Ken Cannon

    Crye-Leike of MS, Inc.

    (901) 403-8274

    3794 Horn Lake Rd, Memphis, TN 38109
  • /2

    $123,000

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

    854 Carrolton Ave, Memphis, TN 38127

    Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Vacant as of 1/31/26.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 673-2982

    854 Carrolton Ave, Memphis, TN 38127
  • /31

    $110,000

    • 2 Beds
    • 1 Bath
    • 1,203 Sq Ft

    929 N Mcneil St, Memphis, TN 38107

    Beautiful 2BR/1BA home offers a great investment opportunity in the Vollintine-Evergreen area. Featuring approx. 1,203 sq. ft. of living space, this property includes a separate living room, central heating and cooling.The large backyard provides great space for relaxing, gardening, pets, or future projects. Conveniently located near Rhodes College, Crosstown Concourse, Overton Park, and popular

    Agent Photo

    Edwin Scruggs

    BHHS Taliesyn Realty

    (901) 657-2311

    929 N Mcneil St, Memphis, TN 38107
  • /12

    $44,500

    • 2 Beds
    • 1.5 Baths
    • 840 Sq Ft

    5190 Flowering Peach Dr, Memphis, TN 38115

    Great investment opportunity. Book a showing today.

    Agent Photo

    Katrina Smith

    Keller Williams

    (901) 883-7035

    5190 Flowering Peach Dr, Memphis, TN 38115
  • /2

    $99,500

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    931 Carrolton Ave, Memphis, TN 38127

    Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $750/mo. Professionally managed. Lease expires on 5/30/25

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 445-6629

    931 Carrolton Ave, Memphis, TN 38127
  • /15

    $149,977

    • Land
    • 2.96 Acres
    • $50,668 per Acre

    5259 Stage Rd, Memphis, TN 38134

    PRIME R-10 DEVELOPMENT OPPORTUNITY2.96 Acres | 5259 Stage Road$149,977 | 6-12 Home SitesTHE NUMBERS SPEAK FOR THEMSELVESLand cost per lot: $20,625 to $41,250 depending on density (6 to 12 homes)In a market where Bartlett median home prices hit $353,900 and inventory sits at only 202 homes, can you afford to pass on land at these prices?Quick ROI scenario (10

    Agent Photo

    Jason Miller

    eXp Realty

    (901) 621-8540

    5259 Stage Rd, Memphis, TN 38134
  • /2

    $127,000

    • 4 Beds
    • 1 Bath
    • 1,600+ Sq Ft

    951 Joel Ave, Memphis, TN 38127

    Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $800/mo. Professionally managed. Lease expires on 8/30/25

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 617-7556

    951 Joel Ave, Memphis, TN 38127
  • /2

    $101,500

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    991 Joel Ave, Memphis, TN 38127

    Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $700/mo. Professionally managed. Lease expires on 9/30/25

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 460-9062

    991 Joel Ave, Memphis, TN 38127
  • /2

    $144,500

    • 2 Beds
    • 1 Bath
    • 1,158 Sq Ft

    1727 Crump Ave, Memphis, TN 38107

    Investment property on nice street. DO NOT DISTURB OR APPROACH TENANTS. Two bed, one bath home on level large lot with detached garage. Needs updating, great location, close to parks, shopping, restaurants and medical facilities. Seller pays $1200 per month and would like to stay.

    Agent Photo

    Margie Oneal

    REMAX Experts

    (901) 716-5896

    1727 Crump Ave, Memphis, TN 38107
  • /2

    $69,250

    • 2 Beds
    • 1 Bath
    • 600+ Sq Ft

    3021 Sunrise St, Memphis, TN 38127

    Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Easy to show. Has been professionally managed.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 660-3495

    3021 Sunrise St, Memphis, TN 38127
  • /2

    $106,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    894 Par Ave, Memphis, TN 38127

    Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $750/mo. Professionally managed. Lease expires on 8/31/25

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 660-9748

    894 Par Ave, Memphis, TN 38127
  • /2

    $79,000

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft

    942 Frayser Cir, Memphis, TN 38127

    Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $800/mo. Professionally managed. Lease expires on 5/30/25

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 456-7014

    942 Frayser Cir, Memphis, TN 38127
  • /2

    $112,500

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    908 Par Ave, Memphis, TN 38127

    Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $700/mo. Professionally managed. Lease expires on 5/30/25

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 808-8026

    908 Par Ave, Memphis, TN 38127
  • /2

    $107,000

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

    835 Restbrook Ave, Memphis, TN 38127

    Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $725/mo. Professionally managed. Lease expires on 1/31/26.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 883-7699

    835 Restbrook Ave, Memphis, TN 38127
  • /2

    $94,000

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

    1033 Cindy Ln, Memphis, TN 38127

    Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $750/mo. Professionally managed. Lease expires on 10/31/25

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 446-4082

    1033 Cindy Ln, Memphis, TN 38127

Showing Results 1 - 40, Page 1 of 14

Home Trends in Memphis, TN

Housing Trends

Median Sale Price
$203,000
Median Single Family Sale Price
$197,700
Median Townhouse Sale Price
$405,000
Median 2 Bedroom Sale Price
$149,000
Median 1 Bedroom Sale Price
$140,154
Average Price Per Sq Ft
$133
Number of Homes for Sale
2,347
Last 12 months Home Sales
6,718
Months of Supply
4.20
Median List Price
$209,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
7%
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