Investment - Homes for Sale in Memphis, TN

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  /24

  $115,000

  • 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

  

  Jordan Ray

  eXp Realty, LLC

  (901) 660-9403

  686 Delta Rd, Memphis, TN 38109
• Explore Memphis

• 

  

  

  /18

  $124,900

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

  3159 Overton Crossing St, Memphis, TN 38127

  Welcome to 3159 Overton Crossing Street — a spacious 3-bedroom, 1-bath home in Memphis. This property features a functional floor plan with a bright living area, an eat-in kitchen, and generous bedroom sizes. The large backyard offers plenty of space for outdoor enjoyment or future landscaping. Recent updates include fresh paint and flooring, giving the home a move-in ready feel while still

  

  Paul Hearn

  eXp Realty

  (901) 445-6776

  3159 Overton Crossing St, Memphis, TN 38127
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  /13

  $105,000

  • 2 Beds
  • 1 Bath
  • 600+ Sq Ft

  3215 University St, Memphis, TN 38127

  Welcome to your future favorite home, or investment property. This beautifully updated two-bedroom, one-bath home blends modern finishes with fresh upgrades, all nestled in a friendly Memphis neighborhood. With two comfy bedrooms and modern bathroom elegantly renovated with a clean, contemporary feel. Light-filled living spaces that feel cozy but current ideal for relaxing, working, or hosting.

  

  Vivian Denogean

  Fast Track Realty, LLC

  (901) 673-7739

  3215 University St, Memphis, TN 38127
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  /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

  

  Caleb Hall

  Keller Williams

  (901) 673-2392

  3176 Benjestown Rd, Memphis, TN 38127
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  /15

  $40,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  1399 South Ave, Memphis, TN 38106

  INVESTOR SPECIAL!!! Great Investment Property. The primary house will need some work done to the interior and exterior. The 36x12 workshop and the large yard are highlights of the property. The property is convenient to shopping, restaurants, and schools. A streetlight was added in September of 2025 which adds extra lighting and security. Cash or Conventional only.

  

  Ken Cannon

  Crye-Leike of MS, Inc.

  (901) 445-8926

  1399 South Ave, Memphis, TN 38106
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  /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. Tenant Occupied. No showings without accepted offer. Current rent is $850/mo. Professionally managed. Lease expires on 12/31/25

  

  Caleb Hall

  Keller Williams

  (901) 668-6238

  851 Floyd Ave, Memphis, TN 38127
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  /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. Tenant Occupied. No showings without accepted offer. Current rent is $800/mo. Professionally managed. Lease expires on 8/30/25

  

  Caleb Hall

  Keller Williams

  (901) 673-2982

  854 Carrolton Ave, Memphis, TN 38127
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  /12

  $47,000

  • 2 Beds
  • 1.5 Baths
  • 840 Sq Ft

  5190 Flowering Peach Dr, Memphis, TN 38115

  Great investment opportunity. Book a showing today.

  

  Katrina Smith

  Keller Williams

  (901) 883-7035

  5190 Flowering Peach Dr, Memphis, TN 38115
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  /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

  

  Caleb Hall

  Keller Williams

  (901) 445-6629

  931 Carrolton Ave, Memphis, TN 38127
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  /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

  

  Caleb Hall

  Keller Williams

  (901) 617-7556

  951 Joel Ave, Memphis, TN 38127
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  /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

  

  Caleb Hall

  Keller Williams

  (901) 460-9062

  991 Joel Ave, Memphis, TN 38127
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  /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.

  

  Caleb Hall

  Keller Williams

  (901) 660-3495

  3021 Sunrise St, Memphis, TN 38127
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  /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

  

  Caleb Hall

  Keller Williams

  (901) 660-9748

  894 Par Ave, Memphis, TN 38127
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  /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

  

  Caleb Hall

  Keller Williams

  (901) 456-7014

  942 Frayser Cir, Memphis, TN 38127
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  /2

  $145,000

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

  1218 Ethel St, Memphis, TN 38114

  Great investment opportunity! Each unit offers 3 bedrooms and 2 bathrooms. Some repairs are needed to bring these spacious units to their full potential, making them ideal for any investor portfolio. Inspection day Nov. 1, 2025, 10am-11:30 am. All offers must include proof of funds. This unit can be sold individually or as a package with 1239 Ethel and 1218 Ethel.

  

  Rasheedah Jones

  Dreamteam Realty Co

  (901) 563-5042

  1218 Ethel St, Memphis, TN 38114
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  /2

  $109,900

  • 4 Beds
  • 2 Baths
  • 1,350 Sq Ft

  181 Hayden Place, Memphis, TN 38111

  Great investment opportunity with strong upside potential. This partially renovated duplex features modern updates throughout, with most much work already completed. Both units offer refreshed kitchens and bathrooms, updated interiors that provide a strong foundation for finishing the project. With just a few final touches needed, this property is ideal for investors looking for rental income or

  

  Rasheedah Jones

  Dreamteam Realty Co

  (901) 563-3123

  181 Hayden Place, Memphis, TN 38111
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  /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

  

  Caleb Hall

  Keller Williams

  (901) 808-8026

  908 Par Ave, Memphis, TN 38127
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  /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.

  

  Caleb Hall

  Keller Williams

  (901) 883-7699

  835 Restbrook Ave, Memphis, TN 38127
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  /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

  

  Caleb Hall

  Keller Williams

  (901) 446-4082

  1033 Cindy Ln, Memphis, TN 38127
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  /2

  $104,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  918 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 $725/mo. Professionally managed. Lease expires on 1/30/26

  

  Caleb Hall

  Keller Williams

  (901) 621-7520

  918 Joel Ave, Memphis, TN 38127
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  /4

  $95,000

  • 2 Beds
  • 2 Baths
  • 1,080 Sq Ft

  853 N Dunlap St, Memphis, TN 38107

  Excellent investment opportunity! This fully occupied duplex features two 1BR/1BA units, each with long-term tenants and steady rental income. Recent improvements include a new roof, offering peace of mind for years to come. Conveniently located just minutes from Downtown Memphis and with easy access to major expressways and amenities, this property is positioned for continued growth and value.

  

  Rasheedah Jones

  Dreamteam Realty Co

  (901) 621-8159

  853 N Dunlap St, Memphis, TN 38107
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  /9

  $25,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  2139 Lyon Ave, Memphis, TN 38108

  Fantastic Investment Opportunity In Hyde Park neighborhood! AS-IS! No wholesalers! No seller financing! Cash or Hard Money offers only! The seller is looking for offers with no inspection contingencies since the property is vacant and can be viewed anytime. Rental rates for the area are $750 - $1,100/month. VIDEO AVAILABLE UPON REQUEST!

  

  Jordan Ray

  eXp Realty, LLC

  (901) 668-8973

  2139 Lyon Ave, Memphis, TN 38108
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  /34

  $260,000

  • 3 Beds
  • 2 Baths
  • 1,491 Sq Ft

  3118 Cowden Ave, Memphis, TN 38111

  Great opportunity in the Joffre Area Civic Association. This well-kept 3BR/2BA home offers approx. 1,500 sq. ft. with hardwood floors, a separate living room, dining room, and a den for added space. The primary bedroom features an 11x10 bath with a walk-in closet. Washer, dryer, and refrigerator remain as-is. Roof and HVAC are only three years old, new hot water heater in 2025.The garage is for

  

  Thomas Henze

  Hobson, REALTORS

  (901) 716-3996

  3118 Cowden Ave, Memphis, TN 38111
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  /2

  $100,000

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

  1060 Forrest Ave, Memphis, TN 38105

  Great investment opportunity-Investors this is one for the books! Located Downtown and minutes from the Medical District. As-Is Sale. Bring all offers!

  

  Tammy Taylor

  KAIZEN Realty, LLC

  (901) 660-5421

  1060 Forrest Ave, Memphis, TN 38105
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  /2

  $118,000

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

  828 Floyd 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 $825/mo. Professionally managed. Lease expires on 3/30/26.

  

  Caleb Hall

  Keller Williams

  (901) 902-5053

  828 Floyd Ave, Memphis, TN 38127
• 

  /2

  $103,000

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

  3294 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 $900/mo. Professionally managed. Lease expires on 1/30/26

  

  Caleb Hall

  Keller Williams

  (901) 676-8719

  3294 Benjestown Rd, Memphis, TN 38127
• 

  /2

  $78,000

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

  607 Burlington 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 7/31/2026

  

  Caleb Hall

  Keller Williams

  (901) 675-6680

  607 Burlington Cir, Memphis, TN 38127
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  /20

  $103,000

  • 2 Beds
  • 1.5 Baths
  • 1,044 Sq Ft

  2344 N Orchid Dr Unit 33, Memphis, TN 38114

  This well maintained 2 bed, 1.5 bath condo in Orchid Manor was completely renovated and updated in 2022. With all of the upgrades done, it will be an awesome investment property for the new owner or fantastic owner occupant property. It has new bathrooms, an updated kitchen with appliances, low maintenance vinyl plank flooring in the the living area and kitchen, with carpet in the bedrooms. The

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  (901) 621-5079

  2344 N Orchid Dr Unit 33, Memphis, TN 38114
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  /16

  $156,498

  • 2 Beds
  • 2 Baths
  • 1,386 Sq Ft

  4204 Hickory Grove Dr, Memphis, TN 38141

  An excellent opportunity for homeownership or expanding your investment portfolio! This well-maintained 2-bedroom, 2 full-bath end-unit townhome qualifies for 100% financing and down payment assistance programs (buyer to verify eligibility). Conveniently located near shopping, restaurants, and entertainment, this property offers versatility as a primary residence or investment. The main level

  

  Patricia Richmond-Young

  Coldwell Banker Collins-Maury

  (901) 668-8148

  4204 Hickory Grove Dr, Memphis, TN 38141
• 

  /2

  $110,000

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

  4825 Bridgedale Ave, Memphis, TN 38118

  Great Investment Property! Being sold AS-IS! No wholesalers! ARV is $175K. Market rents are $1,400 - $1,600. Drive by ONLY! Tenant occupied. DO NOT DISTURB THE TENANT! Leased at $1,150/month until 3/31/2026. Cash tenant. Make offers contingent on inspection. Copy of the lease & ledger available upon request. Make your offer today!

  

  Jordan Ray

  eXp Realty, LLC

  (901) 504-3843

  4825 Bridgedale Ave, Memphis, TN 38118
• 

  /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 &

  

  April Bryan

  Bryan Realty Group

  (901) 665-4549

  1360 Island Town Dr, Memphis, TN 38103
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  /23

  $219,900

  • 4 Beds
  • 2 Baths
  • 1,615 Sq Ft

  1731 Sea Isle Rd, Memphis, TN 38117

  At over 1600 square feet this move-in ready, renovated home features 4 bedrooms and 2 bathrooms, offering a comfortable living space with a den and living room. Enjoy fresh updates throughout, including the brand new bathrooms x2, the brand new kitchen, a freshly painted interior and exterior, new LVP flooring and refinished hardwoods throughout, and a new furnace and water heater. It also

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  (901) 519-2805

  1731 Sea Isle Rd, Memphis, TN 38117
• 

  /2

  $82,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  603 Burlington 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 $750/mo. Professionally managed. Lease expires on 7/30/25.

  

  Caleb Hall

  Keller Williams

  (901) 665-2674

  603 Burlington Cir, Memphis, TN 38127
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  /15

  $120,750

  • 4 Beds
  • 1 Bath
  • 1,399 Sq Ft

  778 N Merton St, Memphis, TN 38112

  778 N Merton Memphis, TN 38112 $120,750 Excellent cash-flowing investment opportunity in Memphis! This 4 bedroom, 1 bathroom property is tenant-occupied and currently renting for $1,175 per month, providing immediate rental income from day one. The home offers a spacious floor plan with strong rental demand, making it a solid addition to any buy-and-hold portfolio. Also, this home offers a

  

  Austin Hall

  Evernest Too, LLC

  (901) 665-3104

  778 N Merton St, Memphis, TN 38112
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  /2

  $5,500

  • Land
  • 0.1 Acre
  • $55,000 per Acre

  120 Dover Ave, Memphis, TN 38106

  Great investment opportunity in a quiet neighborhood. This .10-acre land parcel offers a blank slate to design and build a home tailored to your unique preferences.

  

  Katrina Smith

  Keller Williams

  (901) 673-3792

  120 Dover Ave, Memphis, TN 38106
• 

  /2

  $92,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  923 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 $750/mo. Professionally managed. Lease expires on 8/30/25

  

  Caleb Hall

  Keller Williams

  (901) 808-8522

  923 Joel Ave, Memphis, TN 38127
• 

  /2

  $103,750

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

  1030 Floyd 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 $950/mo. Professionally managed. Lease expires on 1/30/26

  

  Caleb Hall

  Keller Williams

  (901) 669-4348

  1030 Floyd Ave, Memphis, TN 38127
• 

  /2

  $145,000

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

  1240 Ethel St, Memphis, TN 38114

  Great investment opportunity! Each unit offers 3 bedrooms and 2 bathrooms. Some repairs are needed to bring these spacious units to their full potential, making them ideal for any investor portfolio. Inspection day Nov 1, 2025 10-11:30 am This unit can be sold individually or as a package with 1239 Ethel and 1218 Ethel.

  

  Rasheedah Jones

  Dreamteam Realty Co

  (901) 665-7724

  1240 Ethel St, Memphis, TN 38114
• 

  /2

  $109,500

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

  803 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 $1,100/mo. Professionally managed. Lease expires on 3/30/26

  

  Caleb Hall

  Keller Williams

  (901) 668-6064

  803 Par Ave, Memphis, TN 38127
• 

  /2

  $86,500

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

  3643 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 $750/mo. Professionally managed. Lease expires on 8/30/25

  

  Caleb Hall

  Keller Williams

  (901) 582-8529

  3643 Early St, Memphis, TN 38127

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