Investment - Homes for Sale in Memphis, TN

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  /12

  $120,450

  • 3 Beds
  • 2 Baths
  • 1,089 Sq Ft

  3878 Windermere Rd, Memphis, TN 38128

  Rented for $1150/mo, this cash-flowing investment property is ready for a new owner. With 3 beds, 2 full baths and a large corner lot, this home has it all. Conveniently located in Raleigh near the Nike and Amazon shipping fulfillment facilities, there will be a large tenant pool to choose for the foreseeable future.

  Joshua Cooper Sowell, Realtors

  3878 Windermere Rd, Memphis, TN 38128
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  /12

  $94,500

  $20K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,094 Sq Ft

  2612 Union Ave, Memphis, TN 38112

  Investor opportunity at 2612 Union! ~ Add this investment to your portfolio. ~ This property is a true jewel and a great addition to any investment portfolio. It comes with a long-term tenant of over 15 years, offering immediate rental income and stability. Recent improvements include a new roof, wood siding, and exterior paint in 2024. Current monthly rent is $650, with potential rental income

  Juliette Moore Crye-Leike, Inc., REALTORS

  2612 Union Ave, Memphis, TN 38112
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  /2

  $80,000

  • 2 Beds
  • 1 Bath
  • 600+ Sq Ft

  676 Looney Ave, Memphis, TN 38107

  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

  676 Looney Ave, Memphis, TN 38107
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  /12

  $119,890

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,181 Sq Ft

  2993 S Perkins Rd, Memphis, TN 38118

  Welcome to this charming 3-bedroom/2-bath home, offering a convenient central Memphis location just minutes from the interstate, shopping, and dining. Inside, you'll find beautiful hardwood floors throughout much of the home, a spacious living room, and a functional layout designed for comfortable living. Outside, the fully fenced backyard provides plenty of space for pets to roam, while the

  Brad Beall Crye-Leike, Inc., REALTORS

  2993 S Perkins Rd, Memphis, TN 38118
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  /2

  $90,000

  • 3 Beds
  • 1.5 Baths
  • 1,164 Sq Ft

  2093 Belover Dr, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $900 per month. This asset can also be purchased as part of a larger investment package totaling $3,766,500, providing an exceptional opportunity for buyers seeking a strong portfolio addition.

  Fred Sengstacke KAIZEN Realty, LLC

  2093 Belover Dr, Memphis, TN 38127
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  /2

  $85,000

  • 3 Beds
  • 1 Bath
  • 1,072 Sq Ft

  2201 Theda Ave, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $595 per month. This asset can also be purchased as part of a larger investment package totaling $3,766,500, providing an exceptional opportunity for buyers seeking a strong portfolio addition.

  Fred Sengstacke KAIZEN Realty, LLC

  2201 Theda Ave, Memphis, TN 38127
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  /21

  $60,000

  $15K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 768 Sq Ft

  1495 Maplewood St, Memphis, TN 38108

  Investment opportunity in Memphis, Tennessee! This home has been completely gutted offering peace of mind with major system updates completed. Originally a 2-bedroom, 1-bath home, it has been thoughtfully reconfigured to a 2-bedroom, 1.5-bath layout, maximizing functionality within its 768 sq ft footprint. Recent upgrades include new flooring throughout, brand-new windows, updated kitchen with

  April Davis KAIZEN Realty, LLC

  1495 Maplewood St, Memphis, TN 38108
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  /2

  $164,900

  • 4 Beds
  • 2 Baths
  • 1,462 Sq Ft

  4335 Macon Rd, Memphis, TN 38122

  Great investment opportunity or future place to call home! This charming 4-bedroom, 2-bath brick home offers timeless character with thoughtful updates throughout. Currently tenant-occupied, this home presents an excellent opportunity for investors seeking immediate rental income or buyers looking to secure a home with occupancy available at a later date. Don't miss your chance to own this

  Jeff Goff Keller Williams

  4335 Macon Rd, Memphis, TN 38122
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  /18

  $125,000

  $14K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 1,032 Sq Ft

  1727 Ridge Oak Place Unit 1723, Memphis, TN 38120

  Beautifully renovated 2-bedroom, 1.5-bath townhouse with a private fenced patio in the desirable Whispering Oaks community. Whether you're looking for a primary residence or an investment opportunity, this move-in-ready home is a must-see. The spacious interior features gorgeous flooring throughout, a welcoming living area with a built-in entertainment cabinet, and a dining room complete with a

  Court Satterfield Faith Management & Realty Grou

  1727 Ridge Oak Place Unit 1723, Memphis, TN 38120
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  /5

  $1,400,000

  • Land
  • 39.85 Acres
  • $35,132 per Acre

  0 Highway 64 Hwy, Unincorporated, TN 38002

  This expansive 39.85-acre property presents a rare opportunity with incredible potential. Currently zoned for farming, it offers the possibility for rezoning, with residential development on one side and commercial property on the other. The land consists of two parcels—one measuring 13.25 acres and the other 26.59 acres—both within the Green Belt, providing valuable tax benefits. Utilities,

  Michael Bryan Bryan Realty Group

  0 Highway 64 Hwy, Unincorporated, TN 38002
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  /2

  $27,500

  • Land
  • 3,484 Sq Ft
  • $343,750 per Acre

  0 Mcadoo St, Memphis, TN 38128

  SOLD AS A PACKAGE DEAL! Attention investors, builders, and developers! Don't miss this unique opportunity to acquire 17 parcels of land being offered as one package. Whether you're looking to expand your investment portfolio, develop multiple homesites, or secure land for future growth, this package offers incredible potential. Included Parcels: 813 Coahoma 964 Wellington 951 Driver 650 Jeanette

  Chinna Prude C21 Patterson & Assoc. Real Es

  0 Mcadoo St, Memphis, TN 38128
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  /2

  $125,000

  • 4 Beds
  • 2 Baths
  • 1,296 Sq Ft

  865 N Bingham St, Memphis, TN 38108

  Buyer failed to close! Their loss is your opportunity! Duplex investment available in terrific condition! This property is rented for a combined rent of $1550/mo! Professionally managed this property has a had a ton of updates and repairs over the past few years. No showings without an accepted offer. Do not approach or disturb tenants. No creative or seller finance or wholesale. Seller has

  William Haynes Crye-Leike, Inc., REALTORS

  865 N Bingham St, Memphis, TN 38108
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  /18

  $70,000

  • 2 Beds
  • 1 Bath
  • 956 Sq Ft

  1574 Leland St, Memphis, TN 38106

  Investor Opportunity!!! Calling all cash buyers, landlords, and investors! This 2-bedroom, 1-bathroom home offers a great opportunity to add to your portfolio or start investing in the Memphis market. The property needs a little TLC but has strong upside potential and can be rented for $1,200+ per month. Located in a quiet neighborhood with friendly neighbors and just 10 minutes from Downtown

  Arlexus Holmes BHHS Taliesyn Realty

  1574 Leland St, Memphis, TN 38106
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  /3

  $86,600

  • 3 Beds
  • 1.5 Baths
  • 1,254 Sq Ft

  1551 Victor St, Memphis, TN 38106

  Move-in ready and cash-flowing! Welcome to this completely renovated 3-bedroom, 2-bath home boasting renovation throughout. Situated in a convenient Memphis location, this property features new upgrades, Currently occupied by 1-year lease paying $1,200/month, this home offers instant passive income from a stable, long-term occupant. Don't miss out on this hassle-free, turn-key addition to your

  Christine Abston REMAX Experts

  1551 Victor St, Memphis, TN 38106
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  /30

  $190,000

  • 3 Beds
  • 2 Baths
  • 1,796 Sq Ft

  3102 Scotland Rd, Memphis, TN 38128

  Whether you're a first-time homebuyer, looking to downsize, or searching for a great investment opportunity, this move-in-ready property is one you don't want to miss. Schedule your private showing today and see why 3102 Scotland Street could be your next home!

  Jay McMiller Bespoke Realty

  3102 Scotland Rd, Memphis, TN 38128
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  /27

  $420,000

  • 6 Beds
  • 3 Baths
  • 3,536 Sq Ft

  1852 Tutwiler Ave, Memphis, TN 38107

  Great investment opportunity! This duplex offers immediate income potential with one side already occupied by a month-to-month tenant paying $680/month, while the other unit is vacant and ready for an owner-occupant or a new tenant. Live in one unit and let the rental income help offset your mortgage, or lease the vacant side to maximize cash flow. Conveniently located with easy access to

  David Truong eXp Realty, LLC

  1852 Tutwiler Ave, Memphis, TN 38107
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  /9

  $100,000

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,149 Sq Ft

  761 Marywood St, Memphis, TN 38106

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $950 per month and is on a lease from 11/25/2024 until 11/30/2025. This tenant is currently on a month-to-month lease. A renewal has been sent to the tenant, but they have not signed it yet. There is professional property management in place with Reedy and Company. No wholesale or creative

  Alex Evans Reedy & Company, REALTORS

  761 Marywood St, Memphis, TN 38106
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  /19

  $215,000

  • 4 Beds
  • 2 Baths
  • 1,956 Sq Ft

  3743 Given Ave, Memphis, TN 38122

  Great investment opportunity in a desirable area! This well-maintained duplex is listed at $215,000.00 and features two tenant-occupied units. Strong rental history and steady income make this an excellent addition to any investment portfolio.

  Flor Bernal Crye-Leike, Inc., REALTORS

  3743 Given Ave, Memphis, TN 38122
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  /17

  $164,000

  • 3 Beds
  • 1.5 Baths
  • 1,656 Sq Ft

  3962 Sloan St, Memphis, TN 38118

  ATTENTION INVESTORS!! This brick home is rented for $1,525/month to a Section 8 tenant with a lease secured until January 31, 2027. Home features spacious living room, updated eat-in kitchen, 3 spacious bedrooms and a large bonus room in back (could be marketed as a 4 bedroom for rental), back deck and large fenced-in backyard. Renovated in November 2025. Crawlspace is encapsulated. Laminate

  Jeremy Veldman KAIZEN Realty, LLC

  3962 Sloan St, Memphis, TN 38118
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  /40

  $249,800

  • 2 Beds
  • 2 Baths
  • 1,526 Sq Ft

  107 S Court Ave Unit 202, Memphis, TN 38103

  Live in the Heart of Downtown Memphis in this Completely Renovated and Completely Furnished 2 Bedroom 2 Full Bath Condo off South Main Street. Kitchen with Granite Counter Tops, Stainless-Steel Appliances, an Ice Maker, 2 Wine Coolers and More. Please visit to see all the Amenities and all of the Furnishings that stays with the Condo and included in the Price! Office Area off of the Living Area.

  Joseph Doughton KAIZEN Realty, LLC

  107 S Court Ave Unit 202, Memphis, TN 38103
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  /2

  $85,000

  • 3 Beds
  • 1 Bath
  • 1,315 Sq Ft

  1340 Vicoscia Ave, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $775 per month. This asset can also be purchased as part of a larger investment package totaling $3,766,500, providing an exceptional opportunity for buyers seeking a strong portfolio addition.

  Fred Sengstacke KAIZEN Realty, LLC

  1340 Vicoscia Ave, Memphis, TN 38127
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  /30

  $235,000

  • 2 Beds
  • 2.5 Baths
  • 1,650 Sq Ft

  615 Denmark Dr Unit 202, Memphis, TN 38103

  Experience convenient downtown Memphis living. This spacious 2- bedroom. 2.5 bath condo offers a comfortable layout in an ideal location near Riverside Drive and the Mississippi River. Enjoy easy access to the best of downtown Memphis, including Beale Street, restaurants, entertainment, nightlife, parks, and the riverfront. Whether you're looking for a primary residence, a weekend getaway, or an

  Tracy Jackson Ray Keller Williams

  615 Denmark Dr Unit 202, Memphis, TN 38103
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  /2

  $92,000

  • 2 Beds
  • 1 Bath
  • 813 Sq Ft

  2203 Stovall Ave, Memphis, TN 38108

  Investment opportunity. 3 bedr. 1 bath. .$1,200 per month rent

  Harry Samuels Pinnacle Realty

  2203 Stovall Ave, Memphis, TN 38108
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  /18

  $140,000

  • 4 Beds
  • 1.5 Baths
  • 1,396 Sq Ft

  3772 Voltaire Ave, Memphis, TN 38128

  Welcome home to this move-in-ready, single-story property featuring 4 bedrooms / 1.5 bathrooms w/ an office all conveniently located on one level with new interior paint! Step inside to discover a fresh and functional layout highlighted by low-maintenance luxury vinyl plank flooring throughout the main living spaces and two of the bedrooms. The remaining two bedrooms feature brand-new carpet and

  Jamie Green River City Land Co., LLC

  3772 Voltaire Ave, Memphis, TN 38128
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  /18

  $109,000

  • 2 Beds
  • 1 Bath
  • 768 Sq Ft

  3186 Alta Rd, Memphis, TN 38109

  Charming and move in ready! This updated 2 bedroom, 1 bathroom home offers the perfect blend of comfort and convenience. Inside, you'll find fresh updates throughout, creating a bright and inviting space that's ready for its next owner. Step outside to enjoy the spacious backyard, perfect for entertaining, pets, gardening, or simply relaxing after a long day. Whether you're a first time home

  Crystal Mitchell Renshaw Company, REALTORS

  3186 Alta Rd, Memphis, TN 38109
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  /11

  $120,000

  $5K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 1,032 Sq Ft

  6710 Majestic Oak Place Unit 6710, Memphis, TN 38120

  2 bd/1.5 bath. End unit w/gated patio. 1032 sq ft. Master bath & eat-in kitchen area have been renovated. Storage space. Good HVAC unit. 5-year-old roof. All appliances included! Condo living w/3pools, beautifully landscaped grounds & community laundry! Nice walking trails, bridges and sitting areas. Pet friendly community. Condo. Investment property. Tenant occupied. Do not disturb tenant.

  Jason Wallace Keller Williams Realty

  6710 Majestic Oak Place Unit 6710, Memphis, TN 38120
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  /17

  $65,000

  • 3 Beds
  • 2 Baths
  • 1,685 Sq Ft

  4797 Myrlen Dr, Memphis, TN 38118

  Great investment with cash flow. Welcome to this charming 3-bedroom, 2-bath condo nestled in the heart of East Memphis! Each bedroom is generously sized, and the two full bathrooms provide convenience for all. Enjoy the outdoors with a private, fenced-in patio – perfect for relaxing or hosting gatherings. With two covered parking spaces. Home is leased for $1,000 a month, lease ends 03/2026.

  larrian currie One Stop Global Realty

  4797 Myrlen Dr, Memphis, TN 38118
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  /5

  $100,000

  • Land
  • 38,768 Sq Ft
  • $112,360 per Acre

  2567 Frisco Ave, Memphis, TN 38114

  Exceptional 0.894 acre development opportunity. Zoned CMU-3, this expansive parcel offers endless possibilities for commercial, retail, or mixed-use projects. Highly accessible Memphis location, this generous footprint provides the space and flexible zoning you need to bring your next big development to life. Don't miss out on this prime investment!

  John Cornes CCIM Braden, Braden & Braden LLC

  2567 Frisco Ave, Memphis, TN 38114
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  /2

  $85,000

  • 3 Beds
  • 2 Baths
  • 983 Sq Ft

  3667 Suzanne Dr, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $675 per month. This asset can also be purchased as part of a larger investment package totaling $3,766,500, providing an exceptional opportunity for buyers seeking a strong portfolio addition.

  Fred Sengstacke KAIZEN Realty, LLC

  3667 Suzanne Dr, Memphis, TN 38127
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  /8

  $149,900

  • 2 Beds
  • 2 Baths
  • 1,078 Sq Ft

  1657 Southern Ave, Memphis, TN 38114

  Dont miss your opportunity to grab this Duplex Investment property near the University of Memphis. One side that is currently occupied and the seller is working to occupy the other side at market rent. This property is centrally located near tons of jobs and commerce with the ability to be anywhere in the city in 15 minutes. Unit 1657 is occupied with monthly rent of $795.00, lease ends on

  Dean Harris CrestCore Realty MphsBrokerage

  1657 Southern Ave, Memphis, TN 38114
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  /12

  $45,000

  $5K PRICE DROP

  • 4 Beds
  • 1 Bath
  • 1,062 Sq Ft

  783 Speed St, Memphis, TN 38107

  Fantastic investment opportunity in the Shelby area. No showings without an accepted offer. No wholesale offers or offers with assignment of contract language will be accepted

  Ashton Freeman Keller Williams

  783 Speed St, Memphis, TN 38107
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  /6

  $174,800

  • 2 Beds
  • 1 Bath
  • 800 Sq Ft

  967 Maria St, Memphis, TN 38122

  This cozy 2-bedroom 1 bath Berclair neighborhood home is being offered together with five other income producing single-family homes. This home is next door to 973 Maria for streamlined management! 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 has a

  Derrick Brown Independence Realty&Investment

  967 Maria St, Memphis, TN 38122
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  /8

  $80,000

  • 3 Beds
  • 1 Bath
  • 1,131 Sq Ft

  1370 E Alcy Rd, Memphis, TN 38106

  DO NOT DISTURB TENANT. Inspection with accepted offer only. Completely renovated interior. Great investment property.

  Anna Kelly Trinity Management, LLC

  1370 E Alcy Rd, Memphis, TN 38106
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  /14

  $163,000

  $13K PRICE DROP

  • 6 Beds
  • 2 Baths
  • 1,650 Sq Ft

  3176 Yale Ave, Memphis, TN 38112

  Updated Duplex in Eastern Heights – Prime Investment Opportunity in 38112! Located just 8 minutes from Midtown and 13 minutes from Downtown Memphis, this recently updated duplex sits in the heart of the Binghampton Redevelopment District. Each unit offers 2 bedrooms and 1 bathroom, with fresh paint, updates and individual driveways. Unit 1 is currently leased at $900/month through 11/30/2026 &

  Raven Henderson KAIZEN Realty, LLC

  3176 Yale Ave, Memphis, TN 38112
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  /7

  $125,000

  • 4 Beds
  • 2 Baths
  • 1,375 Sq Ft

  3038 Sinclair St, Memphis, TN 38127

  This duplex is prime for investment opportunity! Both units are 2 bed/1 bath. 3038 Sinclair is tenant occupied for $725/mo through July 26th, 2026. 3040 Sinclair can be shown since it's vacant and ready for a new tenant! Call for your private showing today!

  Joshua Cooper Sowell, Realtors

  3038 Sinclair St, Memphis, TN 38127
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  /2

  $80,000

  • 3 Beds
  • 1 Bath
  • 953 Sq Ft

  3630 Denver St, Memphis, TN 38127

  Showings will be permitted only after an accepted offer. The property currently rents for $725 per month. This asset can also be purchased as part of a larger investment package totaling $3,166,500, providing an exceptional opportunity for buyers seeking a strong portfolio addition.

  Fred Sengstacke KAIZEN Realty, LLC

  3630 Denver St, Memphis, TN 38127
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  /2

  $5,000

  • Land
  • 3,484 Sq Ft
  • $62,500 per Acre

  707 S Lauderdale St, 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 inareas experiencing continuedrevitalization and strong rental demand. Portfolio includes the following properties:

  Austin Rowe Onward Real Estate

  707 S Lauderdale St, Memphis, TN 38126
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  /8

  $89,900

  $10K PRICE DROP

  • 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. Property to be sold as-is

  Dean Harris CrestCore Realty MphsBrokerage

  3162 Periwinkle St, Memphis, TN 38127
• 

  /2

  $27,500

  • Land
  • 7,840 Sq Ft
  • $152,778 per Acre

  473 Walker Ave, Memphis, TN 38126

  SOLD AS A PACKAGE DEAL! Attention investors, builders, and developers! Don't miss this unique opportunity to acquire 17 parcels of land being offered as one package. Whether you're looking to expand your investment portfolio, develop multiple homesites, or secure land for future growth, this package offers incredible potential. Included Parcels: 813 Coahoma 964 Wellington 951 Driver 650 Jeanette

  Chinna Prude C21 Patterson & Assoc. Real Es

  473 Walker Ave, Memphis, TN 38126
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  /24

  $100,000

  $30K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,140 Sq Ft

  1355 Doris Ave, Memphis, TN 38106

  Fresh paint inside and out, striking curb appeal, and brand-new Owens Corning architectural roof offering both style and peace of mind. Welcome to Ironwood. Inside, the home has been thoughtfully updated with fresh interior paint, a blend of beautifully refinished original hardwoods and new flooring, all-new modern lighting, updated hardware, and designer touches throughout. The showstopping

  Garth Ward eXp Realty, LLC

  1355 Doris Ave, Memphis, TN 38106

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