Investment - Homes for Sale in Memphis, TN

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  /19

  $165,000

  $25K 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
• Explore Memphis

• 

  

  

  /21

  $215,000

  $5K 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

  1220 Snowden Ave, Memphis, TN 38107
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  /11

  $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
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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

  2938 Conti Cove, Memphis, TN 38127
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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

  $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

  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
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  /2

  $95,000

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  1013 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 3/30/26

  

  Caleb Hall

  Keller Williams

  1013 Par Ave, Memphis, TN 38127
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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

  $115,000

  • 3 Beds
  • 1 Bath
  • 1,402 Sq Ft

  599 Lester St, Memphis, TN 38112

  FIXER UPPER – COMMERCIAL ZONING in 38112! 3BR/1BA home with strong investment potential. Property is being sold with an additional .137-acre adjacent parcel—totaling approx. .274 acres—offering great opportunity for investors or builders to redevelop, expand, or create their own vision. Property sold AS-IS.

  

  Katrina Smith

  Keller Williams

  599 Lester St, Memphis, TN 38112
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  /15

  $150,000

  • 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
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  /2

  $79,000

  $37K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  885 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 3/10/26

  

  Caleb Hall

  Keller Williams

  885 Restbrook Ave, Memphis, TN 38127
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  /2

  $70,000

  $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
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  /2

  $100,000

  $1K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3553 Randolph 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 $850/mo. Professionally managed. Lease expires on 12/31/25

  

  Caleb Hall

  Keller Williams

  3553 Randolph St, Memphis, TN 38127
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  /2

  $75,000

  $1K PRICE DROP

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

  598 Orchard 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. Now vacant as of 1/31/26. Professionally managed.

  

  Caleb Hall

  Keller Williams

  598 Orchard Ave, Memphis, TN 38127
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  /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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  /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

  3633 Early St, Memphis, TN 38127
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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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  /2

  $88,500

  $5K PRICE DROP

  • 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

  831 Alice Ave, Memphis, TN 38106
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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

  3267 Millington Rd, Memphis, TN 38127
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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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  /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

  $42,000

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

  2157 Wabash Ave, Memphis, TN 38114

  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 Investment

  

  Tara Woodley

  Zach Taylor Real Estate

  2157 Wabash Ave, Memphis, TN 38114
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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

  2774 Breezy Ridge Trail, Cordova, TN 38016
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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

  908 Restbrook Ave, Memphis, TN 38127
• 

  /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

  1045 Carrolton Ave, Memphis, TN 38127
• 

  

  /25

  $89,000

  • 1 Bed
  • 1 Bath
  • 442 Sq Ft

  109 N Main St Unit 507, Memphis, TN 38103

  Welcome to the historic Claridge House! This lovely 5th-floor studio offers charm, convenience, and incredible amenities in one of downtown's most iconic buildings. The thoughtfully designed space features an adorable kitchen, vaulted ceilings, and a Murphy bed that maximizes both comfort and functionality. Enjoy access to an indoor pool, exercise room, and an unreal rooftop deck with

  

  Chasity Blackburn

  Blackburn & Co

  109 N Main St Unit 507, Memphis, TN 38103
• 

  /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

  3176 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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  /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

  931 Carrolton Ave, Memphis, TN 38127
• 

  

  /19

  $145,000

  • 2 Beds
  • 2 Baths
  • 1,055 Sq Ft

  4388 Forest Valley Dr, Memphis, TN 38141

  Welcome to 4388 Forest Valley Dr, a charming and well-maintained townhome nestled in a convenient Southeast Memphis location. This inviting home features a functional floor plan with comfortable living spaces designed for everyday living. Enjoy low-maintenance ownership while still having the space and feel of a traditional home. Whether you’re a first-time buyer, looking to downsize, or

  

  Blake Clothier

  Premier Realty Group, LLC

  4388 Forest Valley Dr, Memphis, TN 38141
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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

  5259 Stage Rd, Memphis, TN 38134
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  /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

  951 Joel Ave, Memphis, TN 38127
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  /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

  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

  3021 Sunrise St, Memphis, TN 38127
• 

  /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

  894 Par Ave, Memphis, TN 38127
• 

  /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
• 

  /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

  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

  908 Par Ave, Memphis, TN 38127

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