Investment - Homes for Sale in Memphis, TN

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  /20

  $97,000

  $18K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,000 Sq Ft

  1075 Kney St, Memphis, TN 38107

  This is a perfect starter home / Investment property. Home has been renovated and is move in ready! 3 bedrooms/1 bathroom. First month's rent waived!! Book a tour today!

  

  Leaser Coleman

  Empire Realty, LLC

  1075 Kney St, Memphis, TN 38107
• Explore Memphis

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  /35

  $120,000

  • 2 Beds
  • 1 Bath
  • 1,454 Sq Ft

  3960 Pikes Peak Ave, Memphis, TN 38108

  Spacious 2-bedroom home offering exceptional storage and flexible living space! The oversized family room features a cozy fireplace and three large closets, providing endless possibilities for additional living, hobby, or workspace. Built-in lighted cabinetry and multiple walk-in closets throughout the home add abundant storage and organization. Enjoy relaxing on the welcoming front porch or the

  

  Sherry Harbur

  Harbur Realty

  3960 Pikes Peak Ave, Memphis, TN 38108
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  /35

  $400,000

  • 4 Beds
  • 3 Baths
  • 2,378 Sq Ft

  1947 Peabody Ave, Memphis, TN 38104

  Located in the heart of Central Gardens, one of Memphis' most historic and sought-after neighborhoods, this 4BR/3BA home offers the perfect blend of character, flexibility, and location. Whether you're searching for a primary residence or an investment property, this floor plan delivers. The main level features two bedrooms, a dedicated office, and spacious living areas, while upstairs offers two

  

  Max Rubenstein

  Marx-Bensdorf, REALTORS

  1947 Peabody Ave, Memphis, TN 38104
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  /39

  $1,450,000

  $50K PRICE DROP

  • 10 Beds
  • 7.5 Baths
  • 6,011 Sq Ft

  309 N Mclean Blvd, Memphis, TN 38112

  McLean Manor is a beautifully renovated and fully furnished property in the heart of Midtown, offering a rare opportunity. 309 N. McLean blends modern updates with classic charm, featuring thoughtfully designed interiors, stylish finishes, and a layout ideal for comfortable living and hosting. The home has been completely updated, with attention to detail throughout, and is being sold fully

  

  Corey Steinberg

  River City Land Co., LLC

  309 N Mclean Blvd, Memphis, TN 38112
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  /33

  $65,000

  $5K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,140 Sq Ft

  3983 Grahamdale Cir Unit 3983A, Memphis, TN 38122

  Townhouse-style 2-BR, 2-BA condo in a convenient Memphis location offers a functional and inviting floorplan. Updates include new carpet and laminate flooring, providing a fresh interior feel. The kitchen features a pantry, breakfast bar that opens to the main living areas for everyday living and entertaining. The spacious great room includes a fireplace adding warmth and character. Outdoor r

  

  Sherry Harbur

  Harbur Realty

  3983 Grahamdale Cir Unit 3983A, Memphis, TN 38122
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  /27

  $370,000

  $5K PRICE DROP

  • 5 Beds
  • 2,580 Sq Ft

  1531 Court Ave, Memphis, TN 38104

  Very solid multi-family investment opportunity in 38104! This property is currently configured & operating as a triplex, though it is zoned as a duplex, presenting a unique opportunity for investors. The 1st unit features 2 beds/2 baths, the 2nd unit offers 2 beds/1 bath, and the 3rd unit includes 1 bed/1 bath. The property is presently being utilized as a short-term rental, generating strong

  

  Jordan Ray

  eXp Realty, LLC

  1531 Court Ave, Memphis, TN 38104
• 

  

  /19

  $140,000

  $50K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,246 Sq Ft

  3094 Park Ave, Memphis, TN 38111

  COMMERCIAL ZONING + ENDLESS POTENTIAL! This fully renovated property offers a unique opportunity for investors, entrepreneurs, or owner-occupants seeking flexibility and long-term value. Inside features 3 bedrooms, walk-in closets, a separate laundry room, upstairs storage, and ceiling fans throughout. Major updates include an HVAC system only 3 years old, two hot water tanks, a new privacy

  

  Katrina Smith

  Keller Williams

  3094 Park Ave, Memphis, TN 38111
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  /15

  $40,000

  • 2 Beds
  • 2 Baths
  • 960 Sq Ft

  5655 Encino Cove Unit 1, Memphis, TN 38115

  Investment opportunity with tremendous upside! This condo is available for showings! Property was in the middle of renovations before the seller decided to sell, leaving only a few finishing touches and remaining materials for the next owner. Complete the cleanup, install the microwave, mirror, and shower heads, and this unit could be turnkey and rent-ready for up to $850 per month. A great

  

  Jordan Ray

  eXp Realty, LLC

  5655 Encino Cove Unit 1, Memphis, TN 38115
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  /13

  $79,900

  • 3 Beds
  • 1 Bath
  • 1,022 Sq Ft

  498 Tuton Cove, Memphis, TN 38109

  Calling all investors and handy homeowners! This property offers incredible potential with only minimal work needed to make it shine. Whether you're looking to add a valuable asset to your investment portfolio or create your dream home, this is the opportunity you've been waiting for. Bring your vision and creativity—this home is a blank canvas ready for your personal touch. Don't miss your

  

  Jo Mathes

  Pinnacle Realty

  498 Tuton Cove, Memphis, TN 38109
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  /36

  $110,000

  • 1 Bed
  • 1 Bath
  • 433 Sq Ft

  109 N Main St Unit 1202, Memphis, TN 38103

  Welcome to downtown Memphis living at its finest in Claridge House! This spacious studio condominium offers a surprisingly open and comfortable floor plan featuring a separate kitchen, full-size bath, walk-in closet, and charming exposed brick accent wall that adds character and warmth. Enjoy river views from your unit and experience the convenience of low-maintenance condo living in the heart of

  

  Sherry Harbur

  Harbur Realty

  109 N Main St Unit 1202, Memphis, TN 38103
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  /7

  $159,000

  • 3 Beds
  • 1.5 Baths
  • 1,078 Sq Ft

  5115 Aureen Dr, Memphis, TN 38109

  ?? Investment Opportunity – 5115 Aureen, Memphis, TN Looking to add a cash-flowing property to your portfolio? This tenant-occupied investment property at 5115 Aureen, Memphis, TN is available for $159,000 and currently rents for $1,350 per month, providing immediate income from day one. ? Current Rent: $1,350/month ? Purchase Price: $159,000 ? Tenant Occupied – Start collecting rent at closing ?

  

  Austin Hall

  Evernest Too, LLC

  5115 Aureen Dr, Memphis, TN 38109
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  /24

  $160,000

  $10K PRICE DROP

  • 4 Beds
  • 1 Bath
  • 1,094 Sq Ft

  1008 S Willett St, Memphis, TN 38114

  Don't miss out on this updated/renovated 4 bedroom, 1 bath home. Featuring fresh paint inside and out, a completely new kitchen and bathroom, along with LVP throughout, this home is move-in ready and waiting on you. Centrally located, it has fast access to the interstate, Central Gardens, Midtown, Cooper-Young, and Glenview areas, with Downtown only a few more minutes away. Whether you're looking

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  1008 S Willett St, Memphis, TN 38114
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  /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

  

  Jason Miller

  eXp Realty, LLC

  1001 Canary Ln, Memphis, TN 38109
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  /37

  $40,000

  $2K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,108 Sq Ft

  2157 Wabash Ave, Memphis, TN 38114

  AS IS Sale-Calling all Investors and Flippers! This 3-bedroom, 1.5-bath home is packed with potential and located on a quiet dead-end street, offering privacy and minimal traffic. Perfect for your next renovation project or buy-and-hold investment. This property needs work but has solid upside for the right buyer. Home features One Full Bath + 1 Half Bath, located on Quiet Dead End Street, Great

  

  Tara Woodley

  Zach Taylor Real Estate

  2157 Wabash Ave, Memphis, TN 38114
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  /10

  $99,901

  • 3 Beds
  • 1.5 Baths
  • 1,139 Sq Ft

  3183 Benjestown Rd, Memphis, TN 38127

  Rare investment opportunity to buy under 100K. Currently rented through 2027. Recently updated and renovated. Property is being offered as a package of 3 properties, all under 100K each.

  

  Pablo Pereyra

  901, REALTORS

  3183 Benjestown Rd, Memphis, TN 38127
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  /14

  $135,000

  • 3 Beds
  • 1 Bath
  • 1,489 Sq Ft

  516 Jeanne Dr, Memphis, TN 38109

  Renovated in 2024, this income-producing property is a strong opportunity for investors seeking a turnkey, rent-ready asset with professional management already in place. The home offers a functional layout featuring a spacious living area, updated finishes, and well-sized bedrooms designed for comfortable living. Exterior highlights include a large backyard and ample parking, adding to long-term

  

  Amy Woods

  Crye-Leike, Inc., REALTORS

  516 Jeanne Dr, Memphis, TN 38109
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  /31

  $100,000

  $10K PRICE DROP

  • 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

  

  Edwin Scruggs

  BHHS Taliesyn Realty

  929 N Mcneil St, Memphis, TN 38107
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  /11

  $220,000

  • 2 Beds
  • 1 Bath
  • 1,113 Sq Ft

  3575 Galloway Ave, Memphis, TN 38122

  High Point Terrace Charm Meets Modern Potential! Whether you’re looking to scale your investment portfolio or lock down your very first home, this solid brick cottage delivers the ultimate blend of location and value. Situated right in the high-demand pocket near the University of Memphis and the Greenline, this 2 BR / 1 BA property is a turnkey asset or a perfect cozy retreat. Inside Features:

  

  Steve Luong

  eXp Realty, LLC

  3575 Galloway Ave, Memphis, TN 38122
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  /4

  $850,000

  • Land
  • 6.78 Acres
  • $125,369 per Acre

  0 Hacks Cross Rd, Memphis, TN 38125

  Prime 6.78-acre development opportunity in a highly visible location on Hacks Cross Road! With the entire frontage facing Hacks Cross, this property offers outstanding potential for commercial development, investment, or future mixed-use opportunities (subject to zoning). Conveniently located just past the Shell gas station and directly in front of Hacks Crossing neighborhood, the site benefits

  

  Kyle Couvion

  Reid, REALTORS

  0 Hacks Cross Rd, Memphis, TN 38125
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  /2

  $349,999

  $20K PRICE DROP

  • 5 Beds
  • 3.5 Baths
  • 3,301 Sq Ft

  8905 Lindstrom Dr, Cordova, TN 38016

  Highlights: Strong cash flow – $4,000+ monthly rental income Spacious two-story brick home Multiple rentable rooms Established rental setup Great investment opportunity

  

  Bang Nguyen

  REMAX Experts

  8905 Lindstrom Dr, Cordova, TN 38016
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  /9

  $65,000

  • 2 Beds
  • 1 Bath
  • 715 Sq Ft

  2344 Warren St, Memphis, TN 38106

  Turnkey investment opportunity in the heart of South Memphis! This renovated 3-bedroom, 1-bath home at 2344 Warren St, Memphis, TN 38106 is cash-flow ready with projected rental income of $950 per month. Priced at just $65,000, this property offers strong returns for both new and seasoned investors. Features include updated flooring, fresh paint, spacious living areas, and a large yard.

  

  Austin Hall

  Evernest Too, LLC

  2344 Warren St, Memphis, TN 38106
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  /10

  $1,176,000

  • 4 Beds

  20 N Belvedere Blvd, Memphis, TN 38104

  Mid-Term Rental Investment Opportunity – 20-24 N. Belvedere Blvd, Memphis, TN 38104 Turnkey cash-flowing asset in the heart of Midtown Memphis! This 12-unit multifamily property is currently operating as a successful mid-term rental portfolio, generating an impressive $12,000–$14,000 per month in rental revenue. The property offers a mix of furnished units and is ideally positioned near Memphis'

  

  Austin Hall

  Evernest Too, LLC

  20 N Belvedere Blvd, Memphis, TN 38104
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  /23

  $235,000

  • 3 Beds
  • 2 Baths
  • 1,818 Sq Ft

  5369 Heritage Ave, Memphis, TN 38115

  Welcome to 5369 Heritage Ave., a beautifully updated home that’s move-in ready and offers an excellent opportunity for both homeowners and investors. Recent improvements provide a fresh, modern feel while preserving the home’s character, making it easy to envision yourself living here or adding it to your rental portfolio. The functional floor plan offers comfortable living spaces, spacious

  

  Blake Clothier

  Premier Realty Group, LLC

  5369 Heritage Ave, Memphis, TN 38115
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  /4

  $119,900

  $3K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,066 Sq Ft

  804 Keel Ave, Memphis, TN 38107

  Turnkey single-family rental opportunity in the growing North Memphis market! This well-maintained home at 804 Keel Ave, Memphis, TN is currently tenant occupied and generating $1,175 per month in rental income, making it an ideal cash-flow investment for both new and experienced investors. Listed at $122,900, this property offers strong rental performance with immediate income potential from day

  

  Austin Hall

  Evernest Too, LLC

  804 Keel Ave, Memphis, TN 38107
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  /16

  $89,000

  • 3 Beds
  • 2 Baths
  • 1,470 Sq Ft

  4801 James Kent Ct, Memphis, TN 38118

  ?? INVESTMENT OPPORTUNITY – 4801 James Kent Ct, Memphis, TN Investor alert! Don't miss this unique split-level townhouse in Memphis offering immediate rental income with additional upside. ?? Asking Price: $85,000 obo Investment Highlights: Bottom floor currently tenant-occupied at $750/month Split-townhouse layout provides excellent flexibility for investors Opportunity to increase cash flow

  

  Austin Hall

  Evernest Too, LLC

  4801 James Kent Ct, Memphis, TN 38118
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  /18

  $325,000

  • 4 Beds
  • 3 Baths
  • 2,142 Sq Ft

  1185 Wheaton St, Memphis, TN 38117

  ? Fully Renovated East Memphis Beauty – 1185 Wheaton St, Memphis, TN ? Welcome home to 1185 Wheaton St, where timeless charm meets modern style! This beautifully renovated 4-bedroom, 3-bath home has been updated from top to bottom and is ready for its next owner. ?? Property Highlights: • Fully renovated with high-end finishes throughout • Spacious open living and dining areas filled with natural

  

  Austin Hall

  Evernest Too, LLC

  1185 Wheaton St, Memphis, TN 38117
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  /24

  $130,000

  • 4 Beds
  • 2 Baths
  • 1,630 Sq Ft

  3554 Tutwiler Ave, Memphis, TN 38122

  Opportunity is knocking! Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this charming duplex is packed with potential. Situated on a spacious. lot, this property offers approximately 1,630 square feet with a total of 4 bedrooms and 2 bathrooms, providing flexibility for a variety of living or investment strategies.

  

  Bang Nguyen

  REMAX Experts

  3554 Tutwiler Ave, Memphis, TN 38122
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  /16

  $99,901

  • 3 Beds
  • 1 Bath
  • 1,102 Sq Ft

  1561 W Dianne Cir, Memphis, TN 38114

  Rare investment opportunity to buy under 100K. Currently rented through 2027. Recently updated and renovated. Property is being offered as a package of 3 properties, all under 100K each. Reach to our listing firm 901 REALTORS, for this and other great properties in the Memphis Area.

  

  Pablo Pereyra

  901, REALTORS

  1561 W Dianne Cir, Memphis, TN 38114
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  /27

  $189,999

  $9K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,260 Sq Ft

  7 N Alicia Dr, Memphis, TN 38112

  Great Investment opportunity: 2 bed, 1 updated bath, updated kitchen, ac/plumbing /electrical in working order. *Seller is looking for a quick close. "As Is" Purchase. *Open Floor Plan. Fireplace in great room. Very Nice Updated Kitchen, SS gas stove, SS dishwasher, SS refrigerator. Custom built in whisky barrel bar. Bathroom is very custom, lots of shower heads, nice vanity, large toilet. This

  

  Todd Adams

  Keller Williams

  7 N Alicia Dr, Memphis, TN 38112
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  /19

  $139,900

  $20K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,404 Sq Ft

  4253 Cottonwood Rd, Memphis, TN 38118

  Great opportunity for homeowners or investors! This vacant property is move-in ready and offers strong potential as a primary residence or rental investment. Conveniently located with easy access to shopping, dining, and major roadways. Whether you’re looking for your next home or a property to add to your portfolio, this one is worth a look. Schedule your showing today!

  

  Blake Clothier

  Premier Realty Group, LLC

  4253 Cottonwood Rd, Memphis, TN 38118
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  /11

  $100,000

  $25K PRICE INCREASE

  • 2 Beds
  • 2 Baths
  • 1,395 Sq Ft

  2365 Dexter Ave, Memphis, TN 38108

  Check out this awesome value-add investment! This duplex features 1 bed and 1 bath on each side. Total monthly rent is $1200/month. Both sides have new heat/cool window units. No viewing until a contract is in place...do not disturb occupants. No seller financing, no wholesalers, no creative financing.

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  2365 Dexter Ave, Memphis, TN 38108
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  /16

  $135,000

  • 2 Beds
  • 1 Bath
  • 802 Sq Ft

  1121 Will Scarlet Rd, Memphis, TN 38111

  Charming, easy-care living in the heart of Sherwood Forest! This move-in-ready 2-bedroom, 1-bathroom home features a functional 802 sq. ft. layout with 5 total rooms, offering a comfortable and cozy flow throughout. Enjoy low-maintenance single-story living complete with covered carport parking. Situated on a 50x120 lot in a prime Memphis location close to local amenities, the University of

  

  Ken Patrick

  Collier REALTORS

  1121 Will Scarlet Rd, Memphis, TN 38111
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  /15

  $110,000

  $20K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,155 Sq Ft

  5096 Belfast Dr, Memphis, TN 38127

  BACK ON THE MARKET AT NO FAULT OF THE SELLER!! SIGNIFICANT PRICE REDUCTION- PRICED FOR A QUICK SALE !!Great-looking rehab - perfect for a first-time buyer (ask about USDA financing) or a smart investment opportunity. The seller has completed major updates, including a brand-new dimensional roof, fresh interior and exterior paint, new A/C condenser and furnace A-coil, updated fans and light

  

  Steve Boysen

  Crye-Leike, Inc., REALTORS

  5096 Belfast Dr, Memphis, TN 38127
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  /15

  $275,000

  • 3 Beds
  • 2.5 Baths
  • 1,800 Sq Ft

  2211 Stone Stream Cove, Cordova, TN 38016

  ?? **Just Listed – Fully Renovated in Memphis!** ? ?? **2211 Stone Stream, Memphis, TN** ?? **Offered at $275,000** Welcome home to this **beautifully renovated** property that's move-in ready from top to bottom! Every detail has been thoughtfully updated, offering modern finishes, stylish design, and the peace of mind that comes with a fresh renovation. ? **Property Highlights:** ?? Fully

  

  Austin Hall

  Evernest Too, LLC

  2211 Stone Stream Cove, Cordova, TN 38016
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  /16

  $100,000

  • 3 Beds
  • 1 Bath
  • 865 Sq Ft

  3678 Neely Rd, Memphis, TN 38109

  This recently renovated investment property is section 8 tenant occupied at $995/mo and ready to be added to your portfolio. With fresh interior paint, new carpet, and low maintenance exterior is ideal for a new or seasoned investor. No wholesalers or creative financing.

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  3678 Neely Rd, Memphis, TN 38109
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  /15

  $75,000

  $15K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,200 Sq Ft

  318 Simpson Ave, Memphis, TN 38106

  Schedule your viewing for this renovated 2 bed, 1 bath home. It would make an awesome investment property or owner occupant new home. It features fresh paint throughout, an updated kitchen and bathroom, and luxury vinyl plank throughout. The electrical and plumbing have been updated with all new fixtures. It has new windows and blinds. It's loceated conveniently close to LeMoyne-Owen College,

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  318 Simpson Ave, Memphis, TN 38106
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  /15

  $157,500

  $8K PRICE INCREASE

  • 4 Beds
  • 2 Baths
  • 1,392 Sq Ft

  2283 Cassie Ave, Memphis, TN 38127

  Turnkey investment opportunity in Memphis with a tenant already in place paying $1,575 per month. Seller is offering a rate buydown for qualified DSCR buyers, creating an attractive financing opportunity. Additionally, a 1-year home warranty is included. Tenant is responsible for all utilities and landscaping, helping simplify ownership and property management. The home was completely renovated

  

  Alissa Anderson

  KAIZEN Realty, LLC

  2283 Cassie Ave, Memphis, TN 38127
• 

  /2

  $69,900

  $1K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  842 Restbrook Ave, Memphis, TN 38127

  Buyer Failed financing, price under appraised value. Part of a 39 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 11/30/25.

  

  Caleb Hall

  Keller Williams

  842 Restbrook Ave, Memphis, TN 38127
• 

  

  /25

  $320,000

  • 6 Beds
  • 2 Baths
  • 3,199 Sq Ft

  1333 Harbert Ave, Memphis, TN 38104

  Charming historic duplex offering an exceptional investment or owner-occupant opportunity! Each unit features 3 spacious bedrooms, 1 renovated bath, updated kitchen, large living room with built-in shelving, separate dining room, and an appliance package including washer and dryer. Private balconies/patio, newer central heat and air, and a recently conditioned roof add to the appeal. Current

  

  Sherry Harbur

  Harbur Realty

  1333 Harbert Ave, Memphis, TN 38104
• 

  

  /35

  $285,000

  • 6 Beds
  • 1,514 Sq Ft

  3569 Douglass Ave, Memphis, TN 38111

  Great investment opportunity in Colonial Heights. 3 units Main unit is 3 bedroom 2 bath. Second is 2 bed 1 bath, Third is 1 bed 1 bath.

  

  Jason Miller

  eXp Realty, LLC

  3569 Douglass Ave, Memphis, TN 38111

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