Investment - Homes for Sale in Memphis, TN

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  /26

  $155,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,110 Sq Ft

  2969 Danville Rd, Memphis, TN 38118

  This stunning 1,110-square-foot residence has been updated to offer a superior living experience. Featuring 3 bedrooms & 1 full bathroom on a 0.19-acre lot, this home is the ultimate find for first-time buyers or investors seeking a turnkey rental acquisition. The interior shines with basic modern finishes, while the exterior provides a spacious, fully fenced-in backyard. Located in a

  

  Jordan Ray

  eXp Realty, LLC

  (901) 660-2038

  2969 Danville Rd, Memphis, TN 38118
• Explore Memphis

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  /11

  $105,000

  $10K 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

  (901) 582-7113

  1075 Kney St, Memphis, TN 38107
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  /24

  $230,000

  $10K PRICE DROP

  • 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

  

  Jordan Ray

  eXp Realty, LLC

  (901) 446-1749

  1428 Snowden Ave, Memphis, TN 38107
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  /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.

  

  Jo Mathes

  Pinnacle Realty

  (901) 445-7715

  2938 Conti Cove, Memphis, TN 38127
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  /33

  $70,000

  • 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

  (901) 267-5170

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

  $373,000

  $2K 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

  (901) 699-4915

  1531 Court Ave, Memphis, TN 38104
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  /21

  $218,000

  $2K PRICE DROP

  • 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

  

  Jordan Ray

  eXp Realty, LLC

  (901) 780-7542

  1220 Snowden Ave, Memphis, TN 38107
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  /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) 716-7658

  1360 Island Town Dr, Memphis, TN 38103
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  /2

  $104,000

  $9K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3633 Early St, 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 $725/mo. Professionally managed. Lease expires on 8/30/25

  

  Caleb Hall

  Keller Williams

  (901) 617-7953

  3633 Early St, Memphis, TN 38127
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  /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

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  (901) 660-9423

  831 Alice Ave, Memphis, TN 38106
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  /23

  $209,900

  • 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) 231-1599

  1731 Sea Isle Rd, Memphis, TN 38117
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  /2

  $89,000

  $20K PRICE DROP

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

  3267 Millington Rd, 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 $700/mo. Professionally managed. Lease expires on 9/20/25

  

  Caleb Hall

  Keller Williams

  (901) 446-3468

  3267 Millington Rd, Memphis, TN 38127
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  /14

  $112,500

  $8K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 900 Sq Ft

  3290 Valley Stream Cove, Memphis, TN 38128

  Turnkey property exceeding the 1% rule! Very solid investment opportunity in 38128! This property features a 3 bed/1 bath with a 1-car garage which is rare for the location and drives tenant demand! 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

  

  Jordan Ray

  eXp Realty, LLC

  (901) 563-3598

  3290 Valley Stream Cove, Memphis, TN 38128
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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

  (901) 909-4120

  1001 Canary Ln, Memphis, TN 38109
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  /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,

  

  Austin Hall

  Evernest Too, LLC

  (901) 668-7394

  2774 Breezy Ridge Trail, Cordova, TN 38016
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  /2

  $96,000

  $34K PRICE DROP

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

  518 Burlington Cir, Memphis, TN 38127

  Back on market, buyer failed financing. Priced at appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Vacant as of 1/31/26

  

  Caleb Hall

  Keller Williams

  (901) 665-3175

  518 Burlington Cir, Memphis, TN 38127
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  /3

  $10,500

  $7K PRICE DROP

  • Land
  • 4,791 Sq Ft
  • $95,455 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

  

  Nicole Sykes

  The Home Partners Realty

  (901) 719-0580

  2212 Marble Ave, Memphis, TN 38108
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  /2

  $88,000

  $14K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  908 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 $725/mo. Professionally managed. Lease expires on 4/24/26

  

  Caleb Hall

  Keller Williams

  (901) 617-7626

  908 Restbrook Ave, Memphis, TN 38127
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  /2

  $89,999

  $3K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 600+ Sq Ft

  1045 Carrolton 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 4/4/26

  

  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

  

  Caleb Hall

  Keller Williams

  (901) 673-2392

  3176 Benjestown Rd, Memphis, TN 38127
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  /2

  $113,000

  $10K PRICE DROP

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

  854 Carrolton 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. Vacant as of 1/31/26.

  

  Caleb Hall

  Keller Williams

  (901) 673-2982

  854 Carrolton Ave, 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

  (901) 617-7346

  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

  (901) 657-2311

  929 N Mcneil St, Memphis, TN 38107
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  /2

  $78,000

  $22K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  931 Carrolton 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 $850/mo. Professionally managed. Lease expires on 5/14/27

  

  Caleb Hall

  Keller Williams

  (901) 445-6629

  931 Carrolton Ave, Memphis, TN 38127
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  /15

  $149,977

  $98K PRICE DROP

  • 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

  

  Jason Miller

  eXp Realty

  (901) 621-8540

  5259 Stage Rd, Memphis, TN 38134
• 

  /2

  $110,000

  $17K PRICE DROP

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

  951 Joel 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 $850/mo. Professionally managed. Lease expires on 4/2/27

  

  Caleb Hall

  Keller Williams

  (901) 617-7556

  951 Joel Ave, Memphis, TN 38127
• 

  /2

  $92,000

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  991 Joel 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 $750/mo. Professionally managed. Lease expires on 4/2/27

  

  Caleb Hall

  Keller Williams

  (901) 460-9062

  991 Joel Ave, Memphis, TN 38127
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  /2

  $68,250

  $1K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 600+ Sq Ft

  3021 Sunrise St, 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. 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

  $78,000

  $28K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  894 Par 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 $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

  $370,000

  • 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

  (901) 899-1095

  8905 Lindstrom Dr, Cordova, TN 38016
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  /39

  $1,500,000

  • 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

  (901) 675-7373

  309 N Mclean Blvd, Memphis, TN 38112
• 

  /2

  $78,000

  $23K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  942 Frayser Cir, 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 $80/mo. Professionally managed. Lease expires on 4/1/27

  

  Caleb Hall

  Keller Williams

  (901) 456-7014

  942 Frayser Cir, Memphis, TN 38127
• 

  /2

  $76,000

  $37K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  908 Par 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 $700/mo. Professionally managed. Lease expires on 5/30/25

  

  Caleb Hall

  Keller Williams

  (901) 808-8026

  908 Par Ave, Memphis, TN 38127
• 

  

  /30

  $449,999

  • 7 Beds
  • 3,402 Sq Ft

  1825 Castalia St, Memphis, TN 38114

  New to the market! This turnkey and fully occupied 7-unit apartment complex is a great addition to a Memphis portfolio or an excellent opportunity for an investor entering the market.Six of the seven units have been renovated within the last two years. All units are currently under long-term leases with a total monthly rent of $4,524 (meeting the 1% rule).Each unit includes air conditioning

  

  Vivian Denogean

  Fast Track Realty, LLC

  (901) 704-0468

  1825 Castalia St, Memphis, TN 38114
• 

  /2

  $81,000

  $26K PRICE DROP

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

  835 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 $750/mo. Professionally managed. Lease expires on 4/1/27

  

  Caleb Hall

  Keller Williams

  (901) 883-7699

  835 Restbrook Ave, Memphis, TN 38127
• 

  /2

  $93,000

  $29K PRICE INCREASE

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

  1033 Cindy Ln, 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 $750/mo. Professionally managed. Lease expires on 10/31/25

  

  Caleb Hall

  Keller Williams

  (901) 446-4082

  1033 Cindy Ln, Memphis, TN 38127
• 

  /2

  $79,000

  $25K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  918 Joel 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 $750/mo. Professionally managed. Lease expires on 4/1/27

  

  Caleb Hall

  Keller Williams

  (901) 621-7520

  918 Joel Ave, Memphis, TN 38127
• 

  

  /8

  $89,000

  • 2 Beds
  • 1 Bath
  • 1,076 Sq Ft

  1487 Swift St, Memphis, TN 38109

  Renovated in 2023, this income-producing property is an excellent opportunity for investors seeking a rent-ready asset with professional management already in place. Featuring a functional floor plan with a spacious living room, separate dining area, decorative fireplace, and a dedicated laundry room, this home also offers a covered front porch and a large backyard—appealing features for

  

  Amy Woods

  Crye-Leike, Inc., REALTORS

  (901) 883-6119

  1487 Swift St, Memphis, TN 38109
• 

  /2

  $149,000

  $6K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,621 Sq Ft

  1472 E Holmes Rd, Memphis, TN 38116

  Investor Opportunity – Turnkey Rental with Long-Term Tenant Located at 1472 E Holmes Rd, Memphis, TN, this income-producing property is a solid addition to any rental portfolio. Currently generating $1,185/month in rent, this home offers immediate cash flow with a reliable tenant in place for over 10 years—a rare and valuable advantage for investors seeking stability. This property minimizes

  

  Austin Hall

  Evernest Too, LLC

  (901) 446-1177

  1472 E Holmes Rd, Memphis, TN 38116
• 

  

  /18

  $419,999

  $10K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 2,601 Sq Ft

  1413 Island Town Dr, Memphis, TN 38103

  Investment opportunity! Check out the curb appeal on this one! Welcome to this stunning home in the picturesque Riverpoint subdivision on scenic Mud Island. NEW ROOF! This absolutely adorable 3 BD + bonus, 2.5 BA property is ready to welcome you. The main level features a spacious open layout w/wood floors, 9’ ceilings, great room, & an inviting eat-in kitchen w/island bar seating, walk-in

  

  April Bryan

  Bryan Realty Group

  (901) 621-8189

  1413 Island Town Dr, Memphis, TN 38103

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