Investment - Homes for Sale in Memphis, TN

• 

  

  

  /18

  $200,000

  • 4 Beds
  • 2 Baths
  • 1,475 Sq Ft

  2428 Lamar Cir, Memphis, TN 38114

  COMPLETELY RENOVATED duplex Unique investment opportunity for 2 rentals. Option to live on one side and rent out the other OR perfect for an in-law suite when family needs to be close by. This can be a fantastic addition to your investment portfolio. 1 side occupied, $800 monthly rent, tenant pays utilities. Minutes from Cooper-Young area. Recent 2022 renovation included: New roof, Electrical

  LaJuana Miller KAIZEN Realty, LLC

  2428 Lamar Cir, Memphis, TN 38114
• 

  

  

  /33

  $109,900

  • 3 Beds
  • 2 Baths
  • 1,353 Sq Ft

  4055 Kimball Ave, Memphis, TN 38111

  Well-maintained 3-bedroom, 2-bath home offering comfortable living with a functional layout and plenty of space to make your own. This property features inviting living areas, spacious bedrooms, and a kitchen designed for everyday convenience. Whether you’re a first-time buyer, downsizing, or searching for an investment opportunity, this home offers great potential and value. Don’t miss your

  Christopher Stjernholm Trelora Realty

  4055 Kimball Ave, Memphis, TN 38111
• 

  

  

  /15

  $69,900

  • 3 Beds
  • 2.5 Baths
  • 1,435 Sq Ft

  3218 Thirteen Colony Mall Unit 1A, Memphis, TN 38115

  MULTIPLE PROPERTY PORTFOLIO CAN ONLY BE BOUGHT IN BULK, TOTAL PRICE IS 436,900. Four investment properties available. Seller is seeking bulk offers. 3218 Thirteen Colony Mall #1A -- 3 beds, 2.1 baths, currently rented at $795, lease expires 9/30/2026, recent repairs, in good condition, HOA is $225/mo. 1936 Frisco -- 3 beds, 1 bath, new roof and hvac in 2021, currently rented for $795/mo. lease is

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3218 Thirteen Colony Mall Unit 1A, Memphis, TN 38115
• 

  

  

  /5

  $215,000

  • 4 Beds
  • 2 Baths
  • 1,334 Sq Ft

  1551 Cane Rd, Memphis, TN 38106

  Incredible equity or investment opportunity! This modern, single-story home was built in 2022 and features a beautiful brick veneer exterior. Inside, find an open-concept floor plan combining a separate living room, eat-in kitchen, and laminate wood floors. Boasting 4 bedrooms and 2 full baths (including a private primary suite), it offers 1,334 sq ft of comfortable living space. External

  Amirio Armour Armour and Associates Realty L

  1551 Cane Rd, Memphis, TN 38106
• 

  

  

  /35

  $395,000

  • 4 Beds
  • 2 Baths
  • 2,902 Sq Ft

  270 Hawthorne St, Memphis, TN 38112

  Prime duplex in the heart of Midtown offering a fully operational, turnkey Airbnb/VRBO opportunity w/ revenue history available upon request. This versatile property is perfect for an owner-occupant looking to live in one unit while short-term renting the other, or it can be operated as a full-time income-producing investment. The property is offered fully furnished, allowing for a seamless

  Lynda Baddour Ware Jones, REALTORS

  270 Hawthorne St, Memphis, TN 38112
• 

  

  /30

  $199,950

  $40K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 1,540 Sq Ft

  3470 Guernsey Ave, Memphis, TN 38122

  Renovated 4br/3ba. All furnishings included, (all appliances, furniture, and fixtures). Perfect for family or investment property. Convenient to all shopping and dining.

  KC Lam Cordova Realty, Inc.

  3470 Guernsey Ave, Memphis, TN 38122
• 

  

  /4

  $5,500

  • Land
  • 4,791 Sq Ft
  • $50,000 per Acre

  2207 Clarksdale Ave, Memphis, TN 38108

  CASH ONLY – Investor/Builder Opportunity! Unlock the potential of 9 residential lots offered as a package for $60,500. This is a rare chance to secure multiple infill parcels across Memphis with strong upside for new construction or long-term investment. Ideal for builders looking to scale quickly or investors seeking affordable entry points with room for appreciation. Properties included: Glen

  Silvana Piadade eXp Realty, LLC

  2207 Clarksdale Ave, Memphis, TN 38108
• 

  /2

  $198,000

  $23K PRICE INCREASE

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

  1039 Lagrange Ave, Memphis, TN 38107

  This property is leased at $1,500 per month ($18,000 annually) through 07/31/2026. "All investment figures are estimates and verified independently by buyer." Investor-ready opportunity in a desirable Memphis rental corridor. This well-maintained home features a functional layout with comfortable living spaces, durable finishes, and strong natural light throughout. Recent updates enhance

  James Wachob Foundation Property Management

  1039 Lagrange Ave, Memphis, TN 38107
• 

  

  /3

  $9,999

  $2K PRICE DROP

  • Land
  • 7,405 Sq Ft
  • $58,818 per Acre

  1743 Eldridge Ave, Memphis, TN 38108

  Prime build-ready lot—freshly demo’d and cleared, utilities nearby, and ready for your next new construction or investment project! Located in a neighborhood surrounded by redevelopment, this site is ideal for builders, developers, or investors seeking a strong ROI. All the groundwork is done—just bring your plans and start building. Perfect opportunity for a custom home, multi-unit build, or

  Patrice Williams-Wooten Keller Williams

  1743 Eldridge Ave, Memphis, TN 38108
• 

  /2

  $20,000

  • Land
  • 3,484 Sq Ft
  • $250,000 per Acre

  305 Ayers St, Memphis, TN 38105

  Vacant lot for sale on Ayers Rd near the downtown and Harbor Town corridors. Generous 0.08-acre buildable parcel located near neighborhood amenities, restaurants, and local retail. Zoned R-6 with paved street frontage and utilities available at the line (buyer to verify). Excellent opportunity for new construction or investment.

  Joshua Moss KAIZEN Realty, LLC

  305 Ayers St, Memphis, TN 38105
• 

  

  /16

  $34,990

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,287 Sq Ft

  1002 Creston Ave, Memphis, TN 38127

  3 bed, 1 bath home situated on a large lot in the growing Frayser area—perfect for investors looking to add value. This property offers strong upside potential with the right renovation and vision. While the home requires a full rehab, its layout and lot size provide an excellent foundation for a long-term rental or resale project. Conveniently located near major employers, shopping, and everyday

  Lawson Roberts Renshaw Company, REALTORS

  1002 Creston Ave, Memphis, TN 38127
• 

  

  /6

  $85,500

  • 3 Beds
  • 1 Bath
  • 1,113 Sq Ft

  2618 Supreme Ave, Memphis, TN 38114

  Investment opportunity! This 3 bed 1 bath brick home is tenant occupied with rent at $867/mo. With plenty of parking, a large fenced backyard and a large storage building, this home is ready for a new owner. Long term tenant wants to stay.

  Becca Dickerson Sowell, Realtors

  2618 Supreme Ave, Memphis, TN 38114
• 

  /2

  $7,650

  $3K PRICE DROP

  • Land
  • 8,712 Sq Ft
  • $38,250 per Acre

  664 Lucy Ave, Memphis, TN 38106

  Portfolio List Price: $185,000 Rare opportunity to acquire a portfolio of infill land parcels across established and growing Memphis neighborhoods, ideal for new construction, build-to-rent communities, or long-term investment. Several parcels are clustered, allowing for scalable or phased development strategies in areas experiencing continued revitalization and strong rental demand. Portfolio

  Austin Rowe Onward Real Estate

  664 Lucy Ave, Memphis, TN 38106
• 

  

  /27

  $275,000

  • 8 Beds
  • 2,700 Sq Ft

  1493 Gaither St, Memphis, TN 38106

  Greenland presents a refreshed 4-plex opportunity positioned directly next to a park, offering both lifestyle appeal and strong investment potential. Recently updated with new flooring, fresh paint, and a clean, modernized feel throughout, each unit is move-in ready and primed for increased rents. Prior to renovations, units averaged just under $800/month, leaving clear upside for improved

  Garth Ward eXp Realty, LLC

  1493 Gaither St, Memphis, TN 38106
• 

  

  /12

  $129,900

  $5K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,187 Sq Ft

  919 Chesterton Dr, Memphis, TN 38127

  Turnkey investment opportunity with immediate cash flow! This tenant-occupied property generates $1,350/month, with a tenant in place since October 2025, providing stable income and reduced vacancy risk. Located in an unincorporated area with low county taxes, helping maximize investor returns. Ideal for both new and seasoned investors, with potential eligibility for various financing options,

  David Truong eXp Realty, LLC

  919 Chesterton Dr, Memphis, TN 38127
• 

  

  /10

  $89,900

  • 2 Beds
  • 2 Baths
  • 1,373 Sq Ft

  1515 Semmes St, Memphis, TN 38114

  Investor opportunity in 38114!! 2bedroom 2 full bathroom home with additional potential to create a 3rd bedroom. Sold AS-IS. Great opportunity for a fix and flip or buy-and-hold investment. Owner-occupants looking to customize and renovate. Bring your vision and unlock the potential of this property. Ideal for investors looking for their next project. Contact Candice Freeman for all showings and

  Candice Freeman Keller Williams

  1515 Semmes St, Memphis, TN 38114
• 

  

  /15

  $135,000

  • 1 Bath
  • 595 Sq Ft

  731 Litty Ct Unit 105, Memphis, TN 38103

  Charming fully furnished studio condo in the coveted South Bluffs community featuring stunning Mississippi River views. Bright open floor plan with large windows, updated finishes, and in-unit washer/dryer. Enjoy gated access, assigned covered parking, and a community pool. Ideally located steps from Tom Lee Park, Beale Street, and South Main Arts District. Perfect for downtown living, a second

  Lakesha Lilly Leatherwood The Home Partners Realty

  731 Litty Ct Unit 105, Memphis, TN 38103
• 

  

  /13

  $114,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,196 Sq Ft

  1545 Oakwood St, Memphis, TN 38108

  Turnkey investment opportunity with immediate cash flow! This fully renovated 3-bedroom, 2-bath home is tenant occupied and currently generating $1,300 per month, offering strong returns from day one. With a list price of $115,00, and almost a 14% gross ROI, this is a great option for investors seeking solid ROI and positive cash flow. Renovated from the studs, updates include new electrical,

  Mark Wilson Coldwell Banker Collins-Maury

  1545 Oakwood St, Memphis, TN 38108
• 

  

  /39

  $274,000

  $138K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 2,808 Sq Ft

  1319 Peach Ave Unit 1319,1321,1323,1325, Memphis, TN 38104

  PRIME INVESTMENT OPPURTUNITY IN THE HEART OF MEMPHIS!!! 3 TENANT OCCUPIED DUPLEX UNITS: PACKAGE DEAL There are 6....1BEDROOM 1 BATH units. 1319 Peach Ave (MLS #10219788) and 1327 Peach Ave (10219779) Long term tenants on a lease through 12/31/26. Exceptional opportunity to own very well maintained property near Crosstown Concourse. These income-producing properties also include fenced backyards.

  Chastity Wamble Moss Real Estate

  1319 Peach Ave Unit 1319,1321,1323,1325, Memphis, TN 38104
• 

  

  /6

  $76,000

  $21K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 1,338 Sq Ft

  1841 Quail Path Cove, Memphis, TN 38134

  Spacious 2-bedroom, 1.5-bath townhouse offering a strong investment opportunity for buy-and-hold investors seeking steady cash flow. Currently tenant-occupied with tenant rights in place. Showings available upon an accepted offer, subject to inspection.

  David Anthony KAIZEN Realty, LLC

  1841 Quail Path Cove, Memphis, TN 38134
• 

  /2

  $65,000

  • 1 Bed
  • 1 Bath
  • 600+ Sq Ft

  2227 Clayton Ave, Memphis, TN 38108

  Property tenant occupied. Great investment opportunity in the Uptown Memphis area. Sold as is. Part of a package of homes can be sold individually or together: 948 Pearce, 506 Sixth, 671 McDavitt, 676 Looney, 680 Looney, 688 Looney, 692 Looney, 784 Looney, 876 N Third, 2227 Clayton, and 226 Chelsea ave. No wholesaler or assignment of contract offers will be accepted.

  Virgil Pryor Harris Realty Services

  2227 Clayton Ave, Memphis, TN 38108
• 

  /2

  $214,900

  • 5 Beds
  • 6 Baths
  • 3,342 Sq Ft

  5294 Scottsdale Ave, Memphis, TN 38118

  Fantastic investment opportunity. Seller has 7 properties for sale. 6 SFH & 1 Duplex. This duplex is 5294 is a 3BR, 2.5 bath leased at $1,000/mo. through 4/30/2027 and 5296 is a 2BR, 2.5 bath leased at $766/mo. on a month-to-month. Providing immediate cash flow while you plan your future value-add strategy. Please do not disturb the tenant. Property being sold as-is. No wholesalers, or creative

  Benjamin Reed Reed & Associates of Tenn, LLC

  5294 Scottsdale Ave, Memphis, TN 38118
• 

  

  /10

  $137,740

  $62K PRICE DROP

  • 5 Beds
  • 3.5 Baths
  • 2,200+ Sq Ft

  4915 Foxhall Cove, Memphis, TN 38118

  Five-bedroom, 3.5-bathroom fixer-upper located on a quiet cul-de-sac. This spacious home offers a large floorplan, ideal for those looking to transform it into a flip project or investment property. With plenty of potential, this is a great opportunity for the right buyer.

  Robert Salmons Entera Realty

  4915 Foxhall Cove, Memphis, TN 38118
• 

  /2

  $7,650

  $3K PRICE DROP

  • Land
  • 7,405 Sq Ft
  • $45,000 per Acre

  496 E Alston Ave, Memphis, TN 38126

  Portfolio List Price: $185,000 Rare opportunity to acquire a portfolio of infill land parcels across established and growing Memphis neighborhoods, ideal for new construction, build-to-rent communities, or long-term investment. Several parcels are clustered, allowing for scalable or phased development strategies in areas experiencing continued revitalization and strong rental demand. Portfolio

  Austin Rowe Onward Real Estate

  496 E Alston Ave, Memphis, TN 38126
• 

  

  /11

  $53,000

  $17K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 738 Sq Ft

  756 Alma St, Memphis, TN 38107

  Great investment opportunity. Taken down to the studs and remodeled in 2013. Needs cosmetic updates but the bones are good. Currently configured as a one-bedroom, but enough room to wall back off a second bedroom. Tall, smooth ceilings. Spacious great room. Additional lot next door included has plenty of room to build out, or to build another home. Appliances, including two refrigerators, can

  Christian Townsend Renshaw Company, REALTORS

  756 Alma St, Memphis, TN 38107
• 

  

  /23

  $1,650,000

  • 14 Beds
  • 1,116 Sq Ft

  1961 Rembert Place Unit 1961,1962, 1963, 196, Memphis, TN 38104

  100% OCCUPIED + A GATED TOWNHOME COMMUNITY in one of the most sought after investment areas in the Greater Memphis Area! A stone's throw from Chick-Fil-A and the vibrant Overton Square, this fully renovated (2019) complex features new windows, roof, flooring, granite countertops, stainless steel appliances, asphalt parking, gate, and more. All units are 2 beds/2.5 baths with a spacious

  Ashley Wisch eXp Realty, LLC

  1961 Rembert Place Unit 1961,1962, 1963, 196, Memphis, TN 38104
• 

  

  /13

  $189,900

  • 3 Beds
  • 2 Baths
  • 1,319 Sq Ft

  4003 Lehi Dr, Memphis, TN 38128

  Turnkey investment opportunity in Raleigh! This recently renovated 3BR/2BA brick home is tenant occupied with strong cash flow and a long-term tenant already in place. Current tenant just renewed at $1,995/month, making this a perfect addition to any rental portfolio. Updates include roof, HVAC, flooring, light fixtures, plus renovated kitchen and bathrooms. Exterior features include

  Caleb Parr Renshaw Company, REALTORS

  4003 Lehi Dr, Memphis, TN 38128
• 

  /2

  $10,000

  • Land
  • 7,840 Sq Ft
  • $55,556 per Acre

  0 Clifton Ave, Memphis, TN 38127

  Vacant residential lot on Clifton Ave in Memphis, TN. Located in an established neighborhood close to parks, schools, and local amenities. Ideal for building or investment. Easy access to major roads. Buyer to verify zoning, utilities, and build requirements.

  Joshua Moss KAIZEN Realty, LLC

  0 Clifton Ave, Memphis, TN 38127
• 

  

  /14

  $22,900

  • 4 Beds
  • 2 Baths
  • 1,811 Sq Ft

  1617 Latham St, Memphis, TN 38106

  Opportunity awaits with this spacious two-story home located just minutes from downtown Memphis. Featuring a generous floor plan and plenty of potential, this property is ideal for investors, flippers, or buyers looking to renovate and add value. The home is being sold strictly AS-IS and requires repairs and updates throughout. Cash buyers are preferred, and the seller is seeking a quick closing.

  Chris Mosby ResiAmerica, Inc.

  1617 Latham St, Memphis, TN 38106
• 

  

  /13

  $150,000

  • 3 Beds
  • 2 Baths
  • 1,432 Sq Ft

  4936 Warrington Rd, Memphis, TN 38118

  This property is leased at $1,250 per month ($15,000 annually) through 04/20/2027. "All investment figures are estimates and verified independently by buyer." Well-maintained brick home offering a strong addition to any investment portfolio. This 3-bedroom, 2-bath property features approximately 1,432 square feet of living space with a functional layout designed for long-term appeal. The home

  James Wachob Foundation Property Management

  4936 Warrington Rd, Memphis, TN 38118
• 

  /2

  $60,000

  • 3 Beds
  • 1 Bath
  • 1,080 Sq Ft

  954 Joseph Place, Memphis, TN 38107

  Lovely 3 bedroom brick home that was built in 1992. Immediate occupancy! This home is priced to sell. Could be worth a lot of money once rehabbed. Many homes in this area are being rehabbed and sold for more money. Excellent fix and flip opportunity. Could be a great primary residence or investment property. Property being sold as-is, seller won't make repairs. Cash offers only! Please do all

  Tyler Tapley Crye-Leike, Inc., REALTORS

  954 Joseph Place, Memphis, TN 38107
• 

  /2

  $100,000

  • 2 Beds
  • 1 Bath
  • 850 Sq Ft

  1862 Dupont Ave, Memphis, TN 38127

  Great investment opportunity in this rental income producing house. It has 2 bedrooms and 1 baths. Currently renting for $1,200 per month. so as not to disturb tenants inspection scheduled after an accepted offer.

  Harry Samuels Pinnacle Realty

  1862 Dupont Ave, Memphis, TN 38127
• 

  

  /17

  $209,900

  $9K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,460 Sq Ft

  6605 Red Birch Dr, Memphis, TN 38115

  Income-producing investment property with a month-to-month lease and a $1200.00 monthly rental income. Strong cash-flow opportunity, great addition to any portfolio. Property can be delivered vacant at closing. 24-48 notice required to show. No owner financing, assignments or creative offers.

  Flor Bernal Crye-Leike, Inc., REALTORS

  6605 Red Birch Dr, Memphis, TN 38115
• 

  /2

  $85,000

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,077 Sq Ft

  2610 Derbyshire Ave, Memphis, TN 38127

  INVESTORS ONLY! Tenant Occupied property that is currently rented at $939/mo. Professionally managed. This can be a great addition to your investment portfolio. (Lease, Ledger available upon request.) No Sign, Make all offers contingent on interior inspection, no Wholesalers, no Assignments, no owner financing or subject to offers will be considered.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2610 Derbyshire Ave, Memphis, TN 38127
• 

  

  /20

  $125,000

  • 3 Beds
  • 1.5 Baths
  • 1,191 Sq Ft

  3063 Christine Rd, Memphis, TN 38118

  INVESTERS ONLY!!! Hot investment opportunity. Tenant occupied 3bed 1.5bath BRICK home currently rented at $1229.50/mo. This could be a great addition to your rental portfolio. Professionally managed property by Renshaw. No sign in the yard. Please do not disturb or approach the tenant. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Seller selling 2860 Castleman St, 3011 Christine Rd, 3733 Brompton Rd,

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3063 Christine Rd, Memphis, TN 38118
• 

  /2

  $130,000

  • 3 Beds
  • 2 Baths
  • 1,217 Sq Ft

  635 E Mallory Ave, Memphis, TN 38106

  Investor Special! Excellent investment opportunity in Memphis, TN featuring six single-family homes being offered individually or as a portfolio. Properties are being listed separately but may be purchased together as an investment package. 346 Modder Ave – Currently tenant-occupied, providing immediate cash flow. 132 Majuba St – Currently vacant and will require some repairs prior to occupancy,

  Bridget Jordan Epique Realty

  635 E Mallory Ave, Memphis, TN 38106
• 

  /2

  $115,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,423 Sq Ft

  125 E Mckellar Ave, Memphis, TN 38109

  Investor Special! Excellent investment opportunity in Memphis, TN featuring six single-family homes being offered individually or as a portfolio. Properties are being listed separately but may be purchased together as an investment package. 346 Modder Ave – Currently tenant-occupied, providing immediate cash flow. 132 Majuba St – Currently vacant and will require some repairs prior to occupancy,

  Bridget Jordan Epique Realty

  125 E Mckellar Ave, Memphis, TN 38109
• 

  /2

  $7,650

  $3K PRICE DROP

  • Land
  • 7,405 Sq Ft
  • $45,000 per Acre

  496 E Alston Ave Unit 28, Memphis, TN 38126

  Portfolio List Price: $185,000 Rare opportunity to acquire a portfolio of infill land parcels across established and growing Memphis neighborhoods, ideal for new construction, build-to-rent communities, or long-term investment. Several parcels are clustered, allowing for scalable or phased development strategies in areas experiencing continued revitalization and strong rental demand. Portfolio

  Austin Rowe Onward Real Estate

  496 E Alston Ave Unit 28, Memphis, TN 38126
• 

  

  /19

  $173,000

  $2K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,659 Sq Ft

  540 Berclair Rd, Memphis, TN 38122

  PRIME INVESTMENT PACKAGE DEAL: Three income-producing properties (1004-1006 Highland Ave, 1096-1098 Gordon Ave, and 540-542Berclair RD) for 520,000. Generating $5700 monthly with long-term tenants already in place, offering immediate cash flow and steady returns. Ideal for investors, SOLD AS A PACKAGE ONLY.

  Elizabeth Castillo BEST Real Estate Company

  540 Berclair Rd, Memphis, TN 38122
• 

  /2

  $8,800

  • Land
  • 3,049 Sq Ft
  • $125,714 per Acre

  1377 Dow Place, Memphis, TN 38106

  Residential lot located in an established area of Memphis. Suitable opportunity for new construction or investment purposes. Convenient access to schools, shopping, dining, and major roadways.

  Jonathan Minerick homecoin.com

  1377 Dow Place, Memphis, TN 38106

Showing Results 361 - 400, Page 10 of 16