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Investment - Homes for Sale in Memphis, TN

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  • /8

    $94,900

    • 3 Beds
    • 1 Bath
    • 1,046 Sq Ft

    3162 Periwinkle St, Memphis, TN 38127

    Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $1,095/month, month to month. The property has central heating and cooling. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    3162 Periwinkle St, Memphis, TN 38127
  • /2

    $9,000

    • Land
    • 0.12 Acre
    • $75,000 per Acre

    829 Porter St Unit 29&30, Memphis, TN 38126

    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 includes the following

    Austin Rowe Onward Real Estate

    829 Porter St Unit 29&30, Memphis, TN 38126
  • /3

    $135,000

    • 3 Beds
    • 1.5 Baths
    • 1,298 Sq Ft

    3104 Kingsgate Ave, Memphis, TN 38118

    INVESTERS ONLY!!! Hot investment opportunity. Tenant occupied 3bed 1.5bath BRICK home currently rented at $1100/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, 3889

    Tyler Tapley Crye-Leike, Inc., REALTORS

    3104 Kingsgate Ave, Memphis, TN 38118
  • /2

    $120,000

    • 2 Beds
    • 1 Bath
    • 864 Sq Ft

    3591 Kearney Ave, Memphis, TN 38111

    Incredible investment opportunity available with tremendous cash flow and huge potential upside! This property is currently rented for $945/mo. 21 property package available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied. Many of these homes have had significant rehab done in the past few years. This could be an amazing

    William Haynes Crye-Leike, Inc., REALTORS

    3591 Kearney Ave, Memphis, TN 38111
  • /2

    $85,000

    • 6 Beds
    • 3 Baths
    • 1,591 Sq Ft

    1401 N Lexington Cir, Memphis, TN 38107

    Investor opportunity! 1401 N Lexington Circle is being offered as part of a package deal—perfect for buyers looking to expand their portfolio with a solid addition. This property presents great potential for rental income, long-term appreciation, or value-add improvements. Situated in a convenient location with easy access to major roads, shopping, and everyday essentials, it offers strong appeal

    Lauren Cansler Crye-Leike, Inc., REALTORS

    1401 N Lexington Cir, Memphis, TN 38107
  • /6

    $184,900

    • 3 Beds
    • 1 Bath
    • 1,017 Sq Ft

    1185 Wrenwood St, Memphis, TN 38122

    This all brick 2- bedroom, 1 bonus room, 1 bath neighborhood home is being offered together with five other income producing single-family homes. The home is rented for $1,200.00 per month. This is a pristine opportunity for a new investor to enter into the Rental / Investment real estate space or a "bundle deal" for a seasoned investor - Steady Income and Great Returns! Home can use a

    Derrick Brown Independence Realty&Investment

    1185 Wrenwood St, Memphis, TN 38122
  • /18

    $160,000

    • 4 Beds
    • 2 Baths
    • 1,739 Sq Ft

    161 Eastview Dr, Memphis, TN 38111

    Great investment opportunity at 161/163 Eastview, Memphis, TN 38111. This duplex features two units, each offering 2 bedrooms and 1 bathroom, with comfortable and functional layouts. Both units are currently tenant-occupied: Unit 161 – Rented for $1,000/month until 7/31/2026 Unit 163 – Rented for $950/month The property offers solid rental potential and is located in an established neighborhood

    James Wachob Foundation Property Management

    161 Eastview Dr, Memphis, TN 38111
  • /11

    $115,000

    • 3 Beds
    • 1 Bath
    • 1,260 Sq Ft

    3705 Suzanne Dr, Memphis, TN 38127

    Prime Investment Opportunity in Frayser, TN! This 3-bedroom, 1-bathroom brick home is a solid addition to any rental portfolio. Located in Frayser, this property offers strong rental potential and consistent cash flow opportunities. With its durable brick construction, low-maintenance exterior, and practical layout, this home is ideal for long-term returns. Property is sold AS-IS. Unit needs a

    James Johnson Crestcore Realty, LLC

    3705 Suzanne Dr, Memphis, TN 38127
  • /12

    $250,000

    • 4 Beds
    • 2 Baths
    • 1,770 Sq Ft

    936 Brownlee Rd, Memphis, TN 38116

    GREAT INVESTMENT OPPORTUNITY!!! A 4-bedroom, 2 -bath home offering 1,770 sq ft of potential in the heart of Whitehaven. This property is ideal for investors or savvy buyers looking for their next renovation project. The home features a spacious layout, attached garage, and sits in a convenient location near shopping, dining, and easy expressway access, making it a great long-term rental or flip

    Arlexus Holmes BHHS Taliesyn Realty

    936 Brownlee Rd, Memphis, TN 38116
  • /13

    $208,000

    • 3 Beds
    • 2 Baths
    • 1,178 Sq Ft

    7061 Texel Cove, Memphis, TN 38133

    Owner/Agent Welcome to this beautifully updated 3-bedroom, 2-bath home in a convenient Memphis location! Freshly transformed with brand-new luxury vinyl plank flooring throughout, the interior feels bright and modern. All-new interior paint creates a clean, move-in-ready canvas, while gorgeous new granite countertops elevate the kitchen with style and durability. Step outside to discover a fresh

    Michael Stansbury Weichert REALTOR-SPM

    7061 Texel Cove, Memphis, TN 38133
  • /2

    $72,000

    • 2 Beds
    • 1 Bath
    • 825 Sq Ft

    3430 Hendricks Ave, Memphis, TN 38111

    Incredible investment opportunity available with tremendous cash flow and huge potential upside! This home is rented for $725/mo with a market rent of $1000/mo. 21 property package available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied. Many of these homes have had significant rehab done in the past few years. This could

    William Haynes Crye-Leike, Inc., REALTORS

    3430 Hendricks Ave, Memphis, TN 38111
  • /14

    $117,900

    • 2 Beds
    • 2 Baths
    • 1,104 Sq Ft

    1757 Farrington St, Memphis, TN 38109

    ATTENTION INVESTORS! Tenant-occupied property that would make an excellent addition to your investment portfolio. This fully renovated 3-bedroom, 2-bathroom home (converted from a duplex) rents for $975/month, with a lease in place through 6/30/2026. Tenant is current with an excellent payment history. Renovations completed in summer 2024 include a brand-new roof, HVAC, furnace, water heater,

    Jeremy Veldman KAIZEN Realty, LLC

    1757 Farrington St, Memphis, TN 38109
  • /2

    $50,000

    • Land
    • 0.38 Acre
    • $131,579 per Acre

    951 N 7th St, Memphis, TN 38107

    Great investment opportunity in an up and coming neighborhood.

    Joshua Moss KAIZEN Realty, LLC

    951 N 7th St, Memphis, TN 38107
  • /2

    $159,900

    • 4 Beds
    • 2 Baths
    • 1,751 Sq Ft

    2635 Tutwiler Ave, Memphis, TN 38112

    Fantastic investment opportunity in the Shelby area. This 4br/2 bath Duplex is in the 38112 area. Cash flowing with a monthly rental amount of $840 & $815 /month. The lease ends on MTM & 02/28/26. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    2635 Tutwiler Ave, Memphis, TN 38112
  • /11

    $155,000

    • 3 Beds
    • 2 Baths
    • 1,820 Sq Ft

    929 N Watkins St, Memphis, TN 38107

    This is a Short Sale. This home will be sold As-Is. Great investment oppurtunity. Needs minimal work. Short sale buyer approval is required and can take months for approval, no financing, no creative deal structuring, no sight unseen offers.

    Gabrielle Rowe eXp Realty, LLC

    929 N Watkins St, Memphis, TN 38107
  • /2

    $105,000

    • 3 Beds
    • 1 Bath
    • 1,333 Sq Ft

    132 Majuba Ave, Memphis, TN 38109

    Excellent investment opportunity in Memphis, TN featuring three 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, offering

    Bridget Jordan Epique Realty

    132 Majuba Ave, Memphis, TN 38109
  • /22

    $144,800

    • 4 Beds
    • 2 Baths
    • 1,564 Sq Ft

    2442 Manchester Rd, Memphis, TN 38114

    Newly renovated 4br 2ba! Solid surface flooring throughout! Updated kitchen and baths. Central heat and air! Vacant, easy to show! Would make an excellent investment opportunity or owner/occupant! Backs up to Alcy Elementary school!

    Caleb Parr Renshaw Company, REALTORS

    2442 Manchester Rd, Memphis, TN 38114
  • /15

    $104,900

    • 2 Beds
    • 1 Bath
    • 763 Sq Ft

    2717 Frisco Ave, Memphis, TN 38114

    Turnkey investment opportunity in Memphis! This property was fully renovated in 2024, featuring a new roof, new furnace, completely updated kitchen and bathroom, and new LVT flooring throughout. Major systems are already in great shape with AC replaced in 2019 and water heater in 2017. Currently tenant occupied at $850/month, with rent 100% paid by the Section 8 program, providing reliable,

    Adam Thornton Marathon REALTORS, LLC

    2717 Frisco Ave, Memphis, TN 38114
  • /2

    $10,000

    • Land
    • 0.21 Acre
    • $47,619 per Acre

    654 Regent Place Unit 18, Memphis, TN 38106

    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 includes the following

    Austin Rowe Onward Real Estate

    654 Regent Place Unit 18, Memphis, TN 38106
  • /12

    $85,000

    • 2 Beds
    • 1 Bath
    • 999 Sq Ft

    1558 Tayner St, Memphis, TN 38108

    Solid, fully rehabbed, 2-bedroom, 1 bathroom investment property located in the established Douglas Park area of Memphis. This property offers strong rental potential and is ideal for investors looking to add a cash-flowing asset to their portfolio. Functional layout with spacious bedrooms, a comfortable living area, and a full bath. Property features ceiling fans in bedrooms, a new water heater

    James Johnson Crestcore Realty, LLC

    1558 Tayner St, Memphis, TN 38108
  • /4

    $129,000

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

    1049 Hale Rd, Memphis, TN 38116

    1053 & 1049 Hale Ave – Memphis, TN Investment opportunity featuring two homes being sold together on one parcel. One unit is currently tenant-occupied providing immediate rental income, while the second unit is vacant and ready for updates or owner occupancy. Both properties are separately metered for utilities. This property offers flexibility for investors seeking a value-add opportunity or

    Ricky Cooper Realty Capital Management, LLC

    1049 Hale Rd, Memphis, TN 38116
  • /2

    $17,000

    • 2 Beds
    • 2 Baths
    • 1,050 Sq Ft

    2215 Hunter Ave, Memphis, TN 38108

    2215 Hunter Ave is a single-family home offered as part of a multi-property investment package—an excellent opportunity to build or expand your portfolio. This property presents strong potential for rental income and future appreciation, making it a smart addition to any investment strategy. Positioned in a convenient location near key amenities, shopping, and major roadways, it offers appeal for

    Lauren Cansler Crye-Leike, Inc., REALTORS

    2215 Hunter Ave, Memphis, TN 38108
  • /15

    $70,000

    • 3 Beds
    • 1.5 Baths
    • 1,354 Sq Ft

    5237 Flowering Peach Dr Unit Q7, Memphis, TN 38115

    Look no further! Cash flowing investment opportunity with Section 8 tenant in place at $1,350/month with year lease. No showings without accepted offer. Seller offers 3748 Station Way for sale in same complex and is also occupied with Section 8 tenant. No sign in yard.

    Frank Colvett REMAX Experts

    5237 Flowering Peach Dr Unit Q7, Memphis, TN 38115
  • /2

    $120,000

    • 2 Beds
    • 1 Bath
    • 1,136 Sq Ft

    812 Normal Cir, Memphis, TN 38111

    Incredible investment opportunity available with tremendous cash flow and huge potential upside! This home is currently rented for $1095/mo with a market rent of $1200/mo. 21 property package available. Homes can be bought individually or in bulk. Total portfolio list price is $2.525M, total current rent is $17,785/mo, total est market rent is $26,365, est ARV of full package is $3.155M. All

    William Haynes Crye-Leike, Inc., REALTORS

    812 Normal Cir, Memphis, TN 38111
  • /2

    $49,900

    • 2 Beds
    • 1 Bath
    • 1,030 Sq Ft

    3075 Lotus Rd, Memphis, TN 38109

    NICE BRICK 2 BEDROOM 1 BATH HOME THAT SITS ON A LARGE LOT. THIS HOUSE HAS SOME UPDATING COMPLETED AND IDEA FOR A EMPTY NESTER OR SMALL FAMILY. GREAT INVESTMENT TO ADD TO YOUR INVESTMENT PORTFOLIO AND IDEA RENTAL FOR 38109. GAS, SHOPPING, INTERSTATE 2 MINUTES FROM THE PROPERTY.

    Juan Brooks Process Realty Services

    3075 Lotus Rd, Memphis, TN 38109
  • /26

    $125,000

    • 3 Beds
    • 1.5 Baths
    • 1,000 Sq Ft

    3011 Christine Rd, Memphis, TN 38118

    Excellent investment opportunity. INVESTORS ONLY. TENANT OCCUPIED! Professionally managed property by Renshaw, tenant occupied property currently rented for $1045/mo. 3 beds, 1 & half bathrooms, covered parking. Property is located at the end of cove in a nice area. Conveniently located near Oakhaven Elm & High. DO NOT APPROACH OR DISTURB TENANT, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. NO

    Tyler Tapley Crye-Leike, Inc., REALTORS

    3011 Christine Rd, Memphis, TN 38118
  • /18

    $159,900

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

    4080 E Whitehaven Park Cir, Memphis, TN 38116

    Turnkey investment opportunity with tenant in place paying $1,555/month ($18,660 annually), providing immediate cash flow for investors. Welcome to 4080 E Whitehaven Park Circle, a well-maintained 4-bedroom, 2-bath home in an established Memphis neighborhood. The property features durable LVP flooring throughout with tile in the kitchen and bathrooms, a bright and open living area, and an updated

    James Wachob Foundation Property Management

    4080 E Whitehaven Park Cir, Memphis, TN 38116
  • /2

    $85,000

    • 2 Beds
    • 1 Bath
    • 720 Sq Ft

    3471 Heckle Ave, Memphis, TN 38111

    Incredible investment opportunity available with tremendous cash flow and huge potential upside! Current rent is $895/mo, market rent is $975/mo. 21 property package available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied. Many of these homes have had significant rehab done in the past few years. This could be an amazing

    William Haynes Crye-Leike, Inc., REALTORS

    3471 Heckle Ave, Memphis, TN 38111
  • /11

    $49,900

    • 2 Beds
    • 1 Bath
    • 831 Sq Ft

    1263 Newark Ave, Memphis, TN 38106

    Investment property in South Memphis - ready to be fixed up and rented out! Does need a rehab after tenant left last month and has been priced accordingly. Property is available for showings, so get with your agent to show! Market rent should be in the $900 range, possibly more if Sec. 8. Property will be conveyed AS-IS. Seller makes no warranties. Property will not qualify for any conventional

    Randall Weatherall Memphis Metro Realty

    1263 Newark Ave, Memphis, TN 38106
  • /40

    $420,000

    • 2 Beds
    • 2.5 Baths
    • 1,913 Sq Ft

    49 Vance Ave, Memphis, TN 38103

    Downtown living at its best—furnished 2BR/2.5BA townhome offering lifestyle + investment freedom: NO HOA and NO STR limits (Airbnb ok). Featured on HGTV’s Reno My Rental w/ Memphis designer Carmeon Hamilton. Open-concept living/dining, great natural light, and ample storage incl. dedicated closet in attached 2-car covered garage. Private rooftop terrace w/ semi-permanent canopy for year-round

    Laurie McBride Connors Ware Jones, REALTORS

    49 Vance Ave, Memphis, TN 38103
  • /7

    $117,900

    • 3 Beds
    • 1 Bath
    • 849 Sq Ft

    896 Leacrest Ave, Memphis, TN 38109

    Completely renovated home with resident on a 2-year lease at $915 in year 1 and $965 in year 2. Home was turnkey in 2026 to help minimize investor risk. Our repairs & updates make this a great investment property to maximize cash flow. Can be bought individually or part of a package of fully renovated homes. Need a Quick Sell? We are always looking to buy homes "as is" without inspection and will

    Andrew Akins CB Properties of Memphis, LLC

    896 Leacrest Ave, Memphis, TN 38109
  • /5

    $99,900

    • 3 Beds
    • 1 Bath
    • 1,192 Sq Ft

    2765 Walnut Rd, Memphis, TN 38128

    Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38128 area. Cash flowing with a monthly rental amount of $895/month. The lease ends on 2/28/2027. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    2765 Walnut Rd, Memphis, TN 38128
  • /2

    $10,000

    • Land
    • 0.27 Acre
    • $37,037 per Acre

    1303 S Orleans St Unit 9, Memphis, TN 38106

    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 includes the following

    Austin Rowe Onward Real Estate

    1303 S Orleans St Unit 9, Memphis, TN 38106
  • /21

    $79,900

    • 3 Beds
    • 1 Bath
    • 1,013 Sq Ft

    3762 Berry Ln, Memphis, TN 38128

    This 3-bedroom, 1-bath brick home offers a great opportunity as a rental investment or starter home for a first-time buyer. The property features durable luxury vinyl flooring and a low-maintenance brick exterior. Per the MLS history, the home previously rented for $1,195 per month and underwent a rehabilitation approximately three years ago. While some minor work is needed, the property presents

    Chris Mosby ResiAmerica, Inc.

    3762 Berry Ln, Memphis, TN 38128
  • /9

    $125,000

    • 3 Beds
    • 4 Baths
    • 1,981 Sq Ft

    903 Mosby Rd, Memphis, TN 38116

    BEING SOLD AS-IS..great investment property

    Sonja Hester Progressive Realty Services

    903 Mosby Rd, Memphis, TN 38116
  • /2

    $179,900

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

    3600 Tutwiler Ave, Memphis, TN 38122

    Located in the Berclair neighborhood is this 3 bedroom 2 bathroom home that is currently rented out and lease expires 1-31-2027. Current monthly rent with credit of $1,550. Professionally managed. Showings with accepted offer. Make this solid home part of your investment portfolio!!

    Curt Davis KAIZEN Realty, LLC

    3600 Tutwiler Ave, Memphis, TN 38122
  • /14

    $239,900

    • 3 Beds
    • 2.5 Baths
    • 1,730 Sq Ft

    33 N Merton St, Memphis, TN 38112

    Recently renovated and in move-in condition, this home features a fenced yard and is conveniently located just off Poplar Avenue. Enjoy a prime location in Memphis, just minutes from the University of Memphis, the medical and arts districts, the Memphis Zoo, as well as an abundance of shopping, dining, and entertainment options. Easy access to Interstate 40 makes commuting simple and convenient.

    Chris Mosby ResiAmerica, Inc.

    33 N Merton St, Memphis, TN 38112
  • /6

    $85,000

    • 2 Beds
    • 1.5 Baths
    • 1,000+ Sq Ft

    2481 Kimball Ave, Memphis, TN 38114

    Investment opportunity. Seller is liquidating her portfolio. Tenant occupied. Please do not disturb tenants. All appts will be made thru the agent. 2 bdrm & 1 Bthrm home with lots of potential. Long term Tenant has been paying $600. a month. She's also selling 2768 Burns Ave. & 2764 Burns Ave. She will possible offer a package deal. Please call me for more details.

    Francyetta Seward C21 Patterson & Assoc. Real Es

    2481 Kimball Ave, Memphis, TN 38114
  • /2

    $9,000

    • Land
    • 0.08 Acre
    • $112,500 per Acre

    735 Mississippi Blvd Unit 43, Memphis, TN 38126

    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 includes the following

    Austin Rowe Onward Real Estate

    735 Mississippi Blvd Unit 43, Memphis, TN 38126
  • /26

    $195,000 New Construction

    • 4 Beds
    • 2 Baths
    • 1,246 Sq Ft

    788 N Hollywood St, Memphis, TN 38112

    Rare Opportunity! Brand-New Construction Just Minutes from the Memphis Zoo & Rhodes College! This impressive 4-bedroom, 2-bath, all-on-one-level new construction home offers modern living in an unbeatable location — and at only $200,000, it’s nearly unheard of for a brand-new 4BR/2BA in Memphis! Step inside to an open, functional layout featuring quality finishes, a spacious kitchen, and

    Caleb Parr Renshaw Company, REALTORS

    788 N Hollywood St, Memphis, TN 38112

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