Investment - Homes for Sale in Memphis, TN

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  /28

  $254,900

  $35K PRICE DROP

  • 6 Beds
  • 3,411 Sq Ft

  2012 Carnes Ave, Memphis, TN 38114

  Located in a solid rental area, this 4-plex property offers excellent income potential. The property features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, making it a versatile addition to any investment portfolio. One of the 2-bedroom units was previously rented to a Section 8 tenant for $945 per month, demonstrating strong rental demand. With full occupancy, this property has

  Chris Mosby ResiAmerica, Inc.

  2012 Carnes Ave, Memphis, TN 38114
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  /2

  $6,800

  $4K PRICE DROP

  • Land
  • 3,484 Sq Ft
  • $85,000 per Acre

  1317 S Wellington St, 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

  1317 S Wellington St, Memphis, TN 38106
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  /39

  $436,900

  • 6 Beds
  • 1,159 Sq Ft

  3789 Fairoaks Ave, Memphis, TN 38122

  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 $895, lease expires 7/31/2026, 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

  3789 Fairoaks Ave, Memphis, TN 38122
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  /3

  $86,000

  $3K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,046 Sq Ft

  1907 Kingsley Ave, Memphis, TN 38127

  This property is leased at $895 per month (10,740 annually) through 03/2028, with a cash-on-cash return of 5.37% and a monthly cash flow of $136.66. "All investment figures are estimates and verified independently by buyer." A classic brick ranch on a spacious lot with strong long-term appeal. This 3-bedroom, 1.5-bath home offers approximately 1,046 SF, hardwood flooring, a functional

  James Wachob Foundation Property Management

  1907 Kingsley Ave, Memphis, TN 38127
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  /2

  $38,900

  • Land
  • 5,662 Sq Ft
  • $299,231 per Acre

  500 E Georgia Ave, Memphis, TN 38126

  Excellent opportunity for builders or future homeowners! This property provides a great foundation for your next project, whether you’re looking to build a personal residence or an investment home. Located near downtown Memphis, this lot offers convenient access to shopping, dining, schools, and major roadways. Positioned in an area experiencing new growth and revitalization, it’s the right mix

  Jonathan Nunez Fast Track Realty, LLC

  500 E Georgia Ave, Memphis, TN 38126
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  /34

  $94,900

  • 3 Beds
  • 1 Bath
  • 1,297 Sq Ft

  2328 Millbrook Ave, Memphis, TN 38127

  Charming 3BR/1BA brick ranch on a spacious corner lot in Northwood Manor. Features original hardwoods, a functional layout, and a front-load garage. Large, level backyard ideal for entertaining. Convenient access to shopping and transit. Move-in ready or perfect for investment!

  Alexis Martz Trelora Realty

  2328 Millbrook Ave, Memphis, TN 38127
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  /20

  $190,000

  $25K PRICE DROP

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

  3739 Spottswood Ave, Memphis, TN 38111

  Tenant occupied - no showings without an accepted contract. This is a great investment opportunity. Currently, it rents for $1,750 a month, and the lease will end on 7/31/2025. It can be sold separately or as a package deal along with 582 Watson St.

  Crystal Mitchell Renshaw Company, REALTORS

  3739 Spottswood Ave, Memphis, TN 38111
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  /2

  $98,000

  • 3 Beds
  • 1 Bath
  • 816 Sq Ft

  293 Carbon Rd, Memphis, TN 38109

  Great investment opportunity in this rental income producing house. It has 2 bedrooms and 1 baths. Currently renting for $950 per month. so as not to disturb tenants inspection scheduled after an accepted offer.

  Harry Samuels Pinnacle Realty

  293 Carbon Rd, Memphis, TN 38109
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  /2

  $120,000

  • 3 Beds
  • 4 Baths
  • 1,100 Sq Ft

  2319 Shasta Ave, Memphis, TN 38108

  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

  2319 Shasta Ave, Memphis, TN 38108
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  /21

  $184,900

  • 3 Beds
  • 1 Bath
  • 1,428 Sq Ft

  212 Leath St, Memphis, TN 38105

  A Great Investment Opportunity. If you're looking for your next project this is it. Downtown location near the medical district with lots of opportunity. In the center of everything you would need. The opportunities currently in downtown consist of downtown revitalization, historic renovations, and the potential for high-yield, residential, or commercial projects in a business-friendly area. TN

  Lisa Nelson Exit Wise Master-Builders Real

  212 Leath St, Memphis, TN 38105
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  /10

  $85,000

  • 3 Beds
  • 2 Baths
  • 1,112 Sq Ft

  4963 Rosefield Rd, Memphis, TN 38118

  Priced at just $85,000, this investment opportunity is a hidden gem in a well-maintained neighborhood. With 1,100 square feet of functional living space, this home offers two separate living areas a formal living room plus a den perfect for relaxing, entertaining, or setting up a home office. Exterior seems to need little to no work. Inside, the home is ready for your personal touch with cosmetic

  Jasmine Owens The Home Partners Realty

  4963 Rosefield Rd, Memphis, TN 38118
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  /3

  $85,000

  • 3 Beds
  • 1 Bath
  • 1,226 Sq Ft

  832 Kippley St, Memphis, TN 38112

  Great Investment property, this 3 Bedrooms one Bath Home. Selling As Is.

  Lucille Wallace Integrated Assets

  832 Kippley St, Memphis, TN 38112
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  /9

  $125,000

  • 4 Beds
  • 1 Bath
  • 1,159 Sq Ft

  3789 Fairoaks Ave, Memphis, TN 38122

  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 $895, lease expires 7/31/2026, 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

  3789 Fairoaks Ave, Memphis, TN 38122
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  /2

  $68,499

  • 4 Beds
  • 1 Bath
  • 1,326 Sq Ft

  1149 Raymond St, Memphis, TN 38114

  Ownership and Investment Opportunity available in Orange Mound Community. Home includes 4 BD, 1BA, separate living and dining room areas, with an additional room. Home comes with additional outdoor space. Home is being sold As-Is. Need Repairs. Opportunity for Renovations and Updating. Close to entertainment venues, shopping, and public transportion.

  Charmaine Hayslett KAIZEN Realty, LLC

  1149 Raymond St, Memphis, TN 38114
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  /28

  $112,500

  • 3 Beds
  • 1.5 Baths
  • 1,131 Sq Ft

  3245 Sinclair St, Memphis, TN 38127

  Investment opportunity. Tenant occupied property available for sale. Investors only. Brick home with three bedrooms, one and a half baths and covered parking on a quiet street. Professionally managed, lease and ledger available upon request. Currently rented for $1095/mo. Seller is also has 449 Fernwood, 1675 Haywood, 1247 Vistaview, (can buy these homes in bulk or individually). Property was

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3245 Sinclair St, Memphis, TN 38127
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  /2

  $700,000

  • 28 Beds

  1861 Corning Ave, Memphis, TN 38127

  Investment opportunity in North Memphis with immediate cash flow and value add potential. This property is currently stabilized and producing income, offering investors the opportunity to acquire an asset with upside through rent growth and continued management. Current rents are below market in several units, creating the potential to increase revenue over time while maintaining occupancy.

  Dylan Patel Grand Point Realty, LLC

  1861 Corning Ave, Memphis, TN 38127
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  /13

  $62,500

  • 3 Beds
  • 2 Baths
  • 1,400+ Sq Ft

  3243 Thirteen Colony Mall Unit 2B, Memphis, TN 38115

  Great investment opportunity. Tenant occupied, cash flowing and professionally managed rental property available. Currently rented for $965/mo with a $955 security deposit on file. Gated parking. $225 HOA fee. Brick exterior. Lease expires 9/30/26. Do not approach or disturb tenant, no showings without an accepted offer. No wholesale, assignment, seller finance or creative finance. Seller also

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3243 Thirteen Colony Mall Unit 2B, Memphis, TN 38115
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  /11

  $29,900

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 806 Sq Ft

  1594 Maplewood St, Memphis, TN 38108

  Vacant, easy to show. Home is in need of renovations. Would make an excellent investment opportunity. Cash/Hard Money only

  Caleb Parr Renshaw Company, REALTORS

  1594 Maplewood St, Memphis, TN 38108
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  /13

  $127,900

  • 3 Beds
  • 1 Bath
  • 1,005 Sq Ft

  5071 Neely Rd, Memphis, TN 38109

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $995 per month and is on a lease from 08/04/2025 - 08/03/2026. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

  Alex Evans Reedy & Company, REALTORS

  5071 Neely Rd, Memphis, TN 38109
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  /23

  $79,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 864 Sq Ft

  4518 Suncrest Dr, Memphis, TN 38127

  Hurry and come see this beautifully updated home with luxury touches throughout! Recently remodeled with new flooring, an updated kitchen, and a roof less than four years old, this property is move-in ready and perfect as a personal residence or income-producing investment. Conveniently located near shopping and major routes - a great find in the Frayser area! Home is currently occupied, please

  Melody Mitchell TRUST REALTY GROUP

  4518 Suncrest Dr, Memphis, TN 38127
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  /7

  $95,000

  • 3 Beds
  • 1 Bath
  • 1,465 Sq Ft

  776 Newell St, Memphis, TN 38111

  This property presents a unique investment opportunity for savvy investors. Recently affected by a fire, the interior has been completely gutted, and the studs have been repaired, providing a clean slate for renovation. The home is prepped and ready for sheetrock and flooring, offering the potential to customize the space to suit your vision. Whether you're looking to fix and flip or fix and

  Shekila Shields KAIZEN Realty, LLC

  776 Newell St, Memphis, TN 38111
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  /2

  $95,000

  • 3 Beds
  • 1 Bath
  • 1,430 Sq Ft

  3674 Mountain Terrace St, Memphis, TN 38127

  Incredible investment opportunity available with tremendous cash flow and huge potential upside! This home is currently rented for $1050/mo with a market rent of $1200/mo. Multiple properties available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied AND have value add upside. Many of these homes have had significant rehab

  William Haynes Crye-Leike, Inc., REALTORS

  3674 Mountain Terrace St, Memphis, TN 38127
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  /2

  $7,650

  $3K PRICE DROP

  • Land
  • 4,356 Sq Ft
  • $76,500 per Acre

  477 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

  477 E Alston Ave, Memphis, TN 38126
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  /29

  $149,900

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 993 Sq Ft

  1557 Hope St, Memphis, TN 38111

  Welcome to 1557 Hope St, a beautifully fully renovated 3 bedroom, 2 bath home offering modern style, comfort, and excellent investment potential. This move-in ready property features fresh paint, updated flooring, modern fixtures, and a bright, inviting layout designed for both everyday living and entertaining. The renovated kitchen showcases stylish finishes, updated cabinetry, and beautiful

  Jonathan Nunez Fast Track Realty, LLC

  1557 Hope St, Memphis, TN 38111
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  /15

  $55,000

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 840 Sq Ft

  3044 Green Rd, Memphis, TN 38109

  ***PRICE IMPROVEMENT*** Great opportunity available. This property has been rehabbed in the past few years and with a little TLC could make a great home or investment property. This property has newer fixture, flooring, windows and more. Property needs clean up and cosmetics. Located just minutes from Downtown, this home offers easy access to local amenities. Online video available upon request.

  William Haynes Crye-Leike, Inc., REALTORS

  3044 Green Rd, Memphis, TN 38109
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  /6

  $135,000

  • 3 Beds
  • 1 Bath
  • 816 Sq Ft

  4412 Ryan St, Memphis, TN 38127

  Turnkey investment opportunity with immediate cash flow! This 3BR/1BA home offers approximately 816 SF. Professionally managed and generating stable income from day one, this property is an excellent addition to any rental portfolio. Convenient location near schools, shopping, and major roadways.

  Jonathan Minerick homecoin.com

  4412 Ryan St, Memphis, TN 38127
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  /6

  $127,500

  • 3 Beds
  • 1.5 Baths
  • 1,075 Sq Ft

  4127 Cedarwood Cove, Memphis, TN 38118

  ATTENTION INVESTORS! This 3 bedroom, 1.5 bathroom mostly brick home is rented for $1,335 to a Section 8 tenant with a lease that is good until 10/31/2026. Home was refreshed with a Rent Ready renovation in 2025, Furnace was replaced in November 2022, Water Heater was replaced in June 2025. Stable cash flow and a good blend of investor and owner occupants in the area make this an attractive

  Jeremy Veldman KAIZEN Realty, LLC

  4127 Cedarwood Cove, Memphis, TN 38118
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  /5

  $5,500

  • Land
  • 5,662 Sq Ft
  • $42,308 per Acre

  661 Eads Ave, Memphis, TN 38106

  This prime vacant lot presents an incredible opportunity for savvy buyers, investors, or builders ready to shape their vision in the heart of historic South Memphis! Priced affordably, this cleared parcel offers a generous canvas—approximately 0.13 acres—with easy access to major highways, quick commutes to vibrant Downtown Memphis, and proximity to the city's iconic landmarks, music scene, and

  Rebecca Edwards Keller Williams

  661 Eads Ave, Memphis, TN 38106
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  /2

  $113,000

  $12K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,350 Sq Ft

  961 Aubra Rd, Memphis, TN 38111

  This property is leased at $990 per month ($11,880 annually) through 07/04/2026. "All investment figures are estimates and verified independently by buyer." Well-maintained 2BR/1BA residence offering a strong blend of comfort and efficiency, ideal for investors seeking a low-maintenance asset. Interior features hardwood and tile flooring throughout, ceiling fans, and window coverings, creating a

  James Wachob Foundation Property Management

  961 Aubra Rd, Memphis, TN 38111
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  /17

  $599,000

  $86K PRICE DROP

  • 18 Beds
  • 5,488 Sq Ft

  4010 Summer Ave, Memphis, TN 38122

  FIRE SALE !! Fully occupied 6-unit multifamily on Summer Ave! PRIME LOCATION! Renovated in 2020, each unit offers 3BR layouts—rare and in high demand, supporting strong tenant retention and consistent income. Major upgrades include new roof, updated plumbing, full electrical rewire, and all HVAC systems and water heaters replaced, delivering a true turnkey, low-maintenance asset. Currently

  Anna Palazola Crye-Leike, Inc., REALTORS

  4010 Summer Ave, Memphis, TN 38122
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  /2

  $7,650

  $3K PRICE DROP

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

  0 E Alston Ave Unit 29, 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

  0 E Alston Ave Unit 29, Memphis, TN 38126
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  /5

  $114,900

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

  1690 Berkshire Ave, Memphis, TN 38108

  INVESTORS ONLY! Great investment opportunity. Tenant occupied and professionally managed home for sale. Could be a great addition to your rental portfolio. Currently rented for $875/mo. Lease expires 6/30/26. ONLINE VIDEO AVAILABLE UPON REQUEST. Roof looks good, exterior is low maintenance siding. Long term tenant who loves living there and wants to stay. Home has central heat and window units

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1690 Berkshire Ave, Memphis, TN 38108
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  /35

  $400,000

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

  49 Vance Ave, Memphis, TN 38103

  Live in the heart of Historic South Main or add a versatile investment property to your portfolio! With no rental restrictions, this unique townhouse-style home is ideal as an Airbnb, long-term rental, or owner-occupied residence minutes from restaurants, shops and entertainment. The ground floor features a private home office or flex space conveniently located off the attached 2-car garage.

  Amanda Lott BHHS McLemore & Co., Realty

  49 Vance Ave, Memphis, TN 38103
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  /2

  $7,650

  $3K PRICE DROP

  • Land
  • 3,484 Sq Ft
  • $95,625 per Acre

  1077 S Orleans St Unit 3, 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

  1077 S Orleans St Unit 3, Memphis, TN 38126
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  /2

  $7,650

  $3K PRICE DROP

  • Land
  • 3,484 Sq Ft
  • $95,625 per Acre

  735 Mississippi Blvd, 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

  735 Mississippi Blvd, Memphis, TN 38126
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  /20

  $170,000

  • 3 Beds
  • 2.5 Baths
  • 1,927 Sq Ft

  2292 Foxmoor Ln Unit 60, Cordova, TN 38016

  This property is leased at $1,595 per month through 03/04/2028, with a cash-on-cash return of 5.18% and a monthly cash flow of $211.64. "All investment figures are estimates and verified independently by buyer." Well-maintained townhome-style condo offering strong rental appeal. This 3-bedroom, 2.5-bath layout features durable flooring, neutral paint, and updated interior finishes. The kitchen

  James Wachob Foundation Property Management

  2292 Foxmoor Ln Unit 60, Cordova, TN 38016
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  /3

  $75,000

  • 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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  /2

  $135,000

  $25K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,394 Sq Ft

  3682 Kearney Ave, Memphis, TN 38111

  20k Price reduction! Incredible investment opportunity available with tremendous cash flow and huge potential upside! This property is currently rented for $1195/mo with a market rent of $1500/mo. Multiple properties available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied AND have value add upside. Many of these homes

  William Haynes Crye-Leike, Inc., REALTORS

  3682 Kearney Ave, Memphis, TN 38111
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  /2

  $135,000

  • 3 Beds
  • 2 Baths
  • 1,295 Sq Ft

  3255 Macon Rd, Memphis, TN 38122

  Great investment opportunity in a strong rental area of Memphis. This well-maintained duplex offers two separate units. One unit has two bedrooms and one bath and is currently rented for $775 per month. The other unit has one bedroom and one bath and is rented at $575 per month. Both have been updated recently. Ideal for investors seeking solid cash flow. Professionally managed and ready to

  Michael Valenza eXp Realty, LLC

  3255 Macon Rd, Memphis, TN 38122
• 

  /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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