Investment - Homes for Sale in Memphis, TN

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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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  /2

  $99,000

  • 2 Beds
  • 1 Bath
  • 919 Sq Ft

  1794 Mcmillan St, Memphis, TN 38106

  Wonderful Investment Opportunity ~ Currently Tenant Occupied for $960/Month ~ Tenant's Current Lease Expired August 31 ~ Please Do Not Disturb Tenants ~ Write Offer Contingent on Inspection/Showing

  Jennifer Carstensen Real Estate Agency

  1794 Mcmillan St, Memphis, TN 38106
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  /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
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  /2

  $225,000

  • 2 Beds
  • 2 Baths

  1746 Lawrence Ave, Memphis, TN 38112

  Nice investment opportunity in a fantastic midtown Evergreen Historic District location! Duplex with 1 bedroom and 1 bath in each side. Good rental history. Walk to Overton Park. Current rent is $850 and $750. Perfect for an owner/occupant on one side and rent the other!

  Rip Haney Marx-Bensdorf, REALTORS

  1746 Lawrence Ave, Memphis, TN 38112
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  /6

  $184,800

  • 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
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  /8

  $109,900

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,019 Sq Ft

  509 Deerskin Dr, Memphis, TN 38109

  PRICE JUST REDUCED! GREAT INVESTMENT OPPORTUNITY! Tenant-occupied 3BR/1BA brick home generating $950/month with a stable, long-term tenant in place. Lease secured through 8/31/2026; tenant since 8/16/2024. Fully renovated in 2024, including a new roof, AC condenser, furnace and A-coil, water heater, plus plumbing and electrical updates. No maintenance issues reported in the past two years.

  Jeremy Veldman KAIZEN Realty, LLC

  509 Deerskin Dr, Memphis, TN 38109
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  /2

  $4,000

  $4K PRICE DROP

  • Land
  • 8,276 Sq Ft
  • $21,053 per Acre

  1786 Grand Opera Rd, Memphis, TN 38106

  Vacant lot, build a home or investment home on this corner lot located in a established neighborhood! Previously home to a residence, this lot offers excellent potential for new construction with existing utility access nearby. Conveniently situated and ready for your vision, the property provides a great opportunity for builders, investors, or future homeowners looking to create something new in

  Chastity Wamble Moss Real Estate

  1786 Grand Opera Rd, Memphis, TN 38106
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  /19

  $89,000

  $20K PRICE DROP

  • Land
  • 5.45 Acres
  • $16,330 per Acre

  0 Billy Maher Rd, Memphis, TN 38135

  Positioned in a highly desirable and rapidly growing pocket of Northeast Shelby County, this 5.45-acre vacant tract represents an exceptional opportunity for a custom residential build, a private family estate, or a strategic land investment. The property features a fairly level and entirely wooded topography, offering a blanket of mature trees that provides an excellent natural privacy buffer

  William Patton National Land Realty, LLC

  0 Billy Maher Rd, Memphis, TN 38135
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  /17

  $143,000

  $2K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,080 Sq Ft

  3286 Amselle Cir, Memphis, TN 38127

  Turnkey Investment Opportunity! Tenant-occupied with a 1-year lease in place at $1,400/month, providing immediate rental income. This 3-bedroom, 1-bath home features a renovated interior with updated finishes, offering a low-maintenance asset for investors. Major updates include a newer roof and appliances approximately 2 years old, helping minimize near-term expenses. The open kitchen and dining

  Elisha Fritz The Home Partners Realty

  3286 Amselle Cir, Memphis, TN 38127
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  /17

  $175,000

  $4K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,353 Sq Ft

  4834 Given Ave, Memphis, TN 38122

  Well maintained updated 3 bedroom, 1 bath home. Hardwood and tile floors throughout. Large den 21x17 added to the back of the home. Current tenant uses part of it as a dining area. Kitchen with updated counters, painted cabinets, gas stove and washer/dryer connections. Decking in back and storage room. 1 car carport. New roof in 2023. New HVAC in 2022. Close to shopping, Chick-fila and famous

  Kim Rasche KAIZEN Realty, LLC

  4834 Given Ave, Memphis, TN 38122
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  /2

  $27,500

  • Land
  • 3,049 Sq Ft
  • $392,857 per Acre

  951 Driver 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

  951 Driver St, Memphis, TN 38128
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  /30

  $115,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 908 Sq Ft

  476 Jenson Rd, Memphis, MS 38109

  Investment opportunity in Memphis! This 2-bedroom, 1-bath home offers strong rental potential with estimated rents approaching $800–$1,000/month. Featuring a functional layout, spacious lot, and convenient access to major roads, this property is ideal for investors looking to add to their portfolio or first-time buyers seeking an affordable entry point into homeownership. With demand for rental

  Jay McMiller Bespoke Realty

  476 Jenson Rd, Memphis, MS 38109
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  /2

  $20,500

  $15K PRICE DROP

  • Land
  • 7,840 Sq Ft
  • $113,889 per Acre

  1040 Rozelle St Unit 58-59, Memphis, TN 38114

  Opportunity to build your next investment property or home.

  Andre Pruitt TRG Real Estate Services LLC

  1040 Rozelle St Unit 58-59, Memphis, TN 38114
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  /13

  $117,900

  • 5 Beds
  • 2.5 Baths
  • 2,235 Sq Ft

  449 Fernwood Ave, Memphis, TN 38106

  INVESTORY ONLY! Tenant occupied and professionally managed home. This could be a great addition to your investment portfolio. Currently rent for $1520/mo with a $1395 deposit on file. Lease ends 3/31/27. Large home. Many homes in this area are being rehabbed and sold for more money. Lease, ledger, and payment/repair history are available upon request. Do not approach or disturb tenant. No

  Tyler Tapley Crye-Leike, Inc., REALTORS

  449 Fernwood Ave, Memphis, TN 38106
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  /38

  $409,900

  $30K PRICE DROP

  • 5 Beds
  • 3 Baths
  • 2,558 Sq Ft

  216 German Park Cove, Cordova, TN 38018

  Fully renovated 5BR/3BA home tucked away on a quiet cove in a desirable Cordova location just moments from Shelby Farms Park. This highly well maintained property features a flexible floor plan with 3 bedrooms downstairs, making it ideal for families, guests, or multi-generational living. The renovated kitchen opens to an additional 15x10 flex space perfect for a keeping/hearth room, office,

  Tyler Bowman Weichert, REALTORS-BenchMark

  216 German Park Cove, Cordova, TN 38018
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  /11

  $111,000

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,045 Sq Ft

  3450 Kensett Dr, Memphis, TN 38127

  Move-in ready and conveniently located, this charming 3-bedroom, 1-bath home offers comfort, flexibility, and numerous recent updates. One of the bedrooms is currently being used as a cozy den, creating a versatile space that can serve as a second living area, home office, or easily transition back into a bedroom. Inside, you’ll find updated flooring throughout, an updated kitchen, and a

  Sharon Brown Crye-Leike, Inc., REALTORS

  3450 Kensett Dr, Memphis, TN 38127
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  /2

  $10,000

  • Land
  • 43,124 Sq Ft
  • $10,101 per Acre

  126 W Brooks Rd, Memphis, TN 38109

  Great lot for development or investment!

  Kelbert Fagan Crye-Leike, Inc., REALTORS

  126 W Brooks Rd, Memphis, TN 38109
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  /17

  $1,150,000

  $100K PRICE DROP

  • 23 Beds

  1044 Delmar Ave, Memphis, TN 38105

  Great investment opportunity! Gated Delmar-Lema Village with 23 units near the Medical District. 7% pro forma cap rate. 1 bed/1 bath units with extensive capital improvements: LVP flooring, interior paint, new plumbing, stainless steel appliances, central heat and A/C, and more. All exteriors have fresh paint and newer roofing. Entire perimeter is fenced with solar powered double entry security

  Dominey Shaw Myers Cobb Realtors, LLC

  1044 Delmar Ave, Memphis, TN 38105
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  /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. Both units are on month to month. 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
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  /24

  $109,500

  $6K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 2,284 Sq Ft

  1351 E Mallory Ave, Memphis, TN 38106

  Income-producing investment opportunity in Memphis! This tenant-occupied property offers immediate rental income and is an excellent addition to any investment portfolio. Well-maintained and currently occupied, providing a turnkey opportunity for investors seeking cash flow. Please do not disturb tenant. Property is being sold as-is. Conveniently located near schools, shopping, dining, and major

  Venytra Stephens Keller Williams

  1351 E Mallory Ave, Memphis, TN 38106
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  /15

  $134,000

  • 2 Beds
  • 1 Bath
  • 1,254 Sq Ft

  941 Galloway Ave, Memphis, TN 38105

  Tenant occupied *DO NOT ENTER* Excellent opportunity to own a well-maintained 2-bedroom, 1-bath home conveniently located just minutes from Downtown Memphis, the Medical District, and major commuter routes. Featuring a functional floor plan, spacious living areas, and a large yard, this property offers great potential as a primary residence or investment opportunity. Whether you're looking to

  Colin Scoggins CrestCore Realty MphsBrokerage

  941 Galloway Ave, Memphis, TN 38105
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  /2

  $80,000

  $35K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,333 Sq Ft

  132 Majuba 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

  132 Majuba Ave, Memphis, TN 38109
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  /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
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  /2

  $80,000

  • 3 Beds
  • 2 Baths
  • 1,859 Sq Ft

  1551 Waverly Ave, Memphis, TN 38106

  ATTENTION INVESTORS! Great value-add opportunity! Bring your vision to this spacious home featuring 3 large bedrooms and 2 full bathrooms with separate living room and dining room, generous room sizes. Wheather you are looking for your next renovation project or a long term investment, this property offers an excellent opportunity to add value. Sold as is!

  April Mallory KAIZEN Realty, LLC

  1551 Waverly Ave, Memphis, TN 38106
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  /2

  $100,000

  • 3 Beds
  • 1.5 Baths
  • 1,091 Sq Ft

  5640 Pathway Cir, Memphis, TN 38115

  Expand your investment portfolio with this excellent rental opportunity in 38115. This 3 bedroom 1.1 bath home is currently tenant-occupied generating $975 per month. PLEASE DO NOT DISTURB TENANTS. Property access will only be provided after an offer has been accepted. Please note that wholesale offers, owner financing, or contract assignments will not be considered.

  Jason Hopkins 4 Success Realty, LLC

  5640 Pathway Cir, Memphis, TN 38115
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  /20

  $1,074,000

  • 31 Beds
  • 10,304 Sq Ft

  1088 National St, Memphis, TN 38122

  National is a 15-unit investment opportunity with a 14-unit multifamily plus a separate 3-bedroom single-family. The units are all 2-bedrooms equipped with central heating and air, along with stoves and refrigerators. The single-family home offers central heating and air, a stove, refrigerator, and washer and dryer for added tenant appeal. Current scheduled gross monthly income is $10,900,

  Jeffrey Moore Crye-Leike Commercial

  1088 National St, Memphis, TN 38122
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  /2

  $80,000

  • 3 Beds
  • 2 Baths
  • 1,368 Sq Ft

  3704 Brookmeade St, 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

  3704 Brookmeade St, Memphis, TN 38127
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  /2

  $5,000

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

  1102 S Orleans 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

  1102 S Orleans St, Memphis, TN 38126
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  /2

  $68,000

  $12K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 658 Sq Ft

  832 Maywood St, Memphis, TN 38114

  Great investment opportunity in the Historic Orange Mound Community! Property is currently cash flowing at $800/mo until 10/26! Perfect opportunity to secure a stable asset where you could easily make updates to raise the rent to $900-$1000! Also within walking distance to Melrose High School! Please dot disturb tenants and make all offers contingent upon inspection!

  Duane Kinnard Tri-Leake Realty

  832 Maywood St, Memphis, TN 38114
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  /5

  $725,000

  • Land
  • 3.13 Acres
  • $231,629 per Acre

  0 Appling Rd Unit 10224095, Cordova, TN 38018

  Prime location! #+ acres to build on in sought after area. Rare opportunity to own a build-ready lot with much of the pre-development work already completed! Save valuable time and expense with a final plat, landscape plan, building code summary, grading and drainage plan, boundary and topographic survey, and site electrical plan already available. Floor plans are also included, providing a head

  Jim Norman Keller Williams

  0 Appling Rd Unit 10224095, Cordova, TN 38018
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  /2

  $29,000

  • Land
  • 6,969 Sq Ft
  • $181,250 per Acre

  0 Arnold Cove Unit 150, Memphis, TN 38118

  Build your next home or investment on this desirable 0.169-acre residential lot located at the end of a quiet cul-de-sac in an established Memphis neighborhood. With public water and public sewer available, the property is well-positioned for future residential construction. Its end-of-cul-de-sac location for added privacy, minimal traffic, and an attractive setting for a custom home.

  Steven Koleno Beycome Brokerage Realty, LLC

  0 Arnold Cove Unit 150, Memphis, TN 38118
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  /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
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  /3

  $95,000

  • 2 Beds
  • 1 Bath
  • 811 Sq Ft

  3444 Hester Ave, Memphis, TN 38111

  Terrific investment opportunity with tremendous cash flow. Well maintained home in a desirable East Memphis neighborhood. Currently rented for $1285/mo to a great long term tenant, this property performs well over rate 1% mark! Tenant occupied, no showings without an accepted offer. Do not approach or disturb tenant.

  William Haynes Crye-Leike, Inc., REALTORS

  3444 Hester Ave, Memphis, TN 38111
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  /8

  $107,000

  • 3 Beds
  • 1 Bath
  • 902 Sq Ft

  2240 Verse Cove, Memphis, TN 38127

  ATTENTION INVESTORS! Tenant-occupied 3BR/1BA brick home generating $950/month with lease secured through 4/30/2027. Tenant is current and has maintained an excellent payment history since move-in. Fully renovated in 2022, including a new roof, HVAC, water heater, flooring, kitchen and bathroom updates, and more. Stable, income-producing property and a great addition to any investment portfolio.

  Jeremy Veldman KAIZEN Realty, LLC

  2240 Verse Cove, Memphis, TN 38127
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  /18

  $215,000

  • 4 Beds
  • 2 Baths
  • 1,300 Sq Ft

  3377 Lamphier Ave, Memphis, TN 38122

  Turnkey Memphis Rental Portfolio! 4 newly built (within 3 yrs) single-family homes, ~1,300 SF, 4BR/2BA each, 100% occupied and cash-flowing now. Current gross income $74,160/yr, projected $85,972 by Yr 5. Combined appraised value $862K. Energy-efficient construction, minimal CapEx, consistent floor plans across all four homes. Ideal for investors seeking stabilized cash flow, a 1031 exchange, or

  Jerry Harris TRG Real Estate Services, LLC

  3377 Lamphier Ave, Memphis, TN 38122
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  /23

  $189,900

  $30K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,505 Sq Ft

  668 Stonewall St, Memphis, TN 38107

  Welcome to this charming 3-bedroom, 2-bath home in Memphis, TN 38107, located in the rapidly growing North Memphis area just minutes from Downtown Memphis! This spacious home offers approximately 1,500 square feet of living space, making it an ideal option for first-time homebuyers, investors, or those looking for a turnkey rental property. Step inside to find a functional floor plan with a

  Eric Crutcher Doorstep Realty

  668 Stonewall St, Memphis, TN 38107
• 

  

  /22

  $39,900

  $10K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,130 Sq Ft

  2068 Benford St, Memphis, TN 38109

  3bed 2bath home being priced to sell. Home has a fourth room that could be a bonus bedroom or office. Previous owner made several repairs/upgrades. Home has a nice front porch, large kitchen, big laundry room, several built in bookcases, tile backsplash in kitchen, security doors. Many homes in this area have been rehabbed and sold for more money. Roof appears to be in good shape. This home could

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2068 Benford St, Memphis, TN 38109
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  /2

  $149,900

  • 3 Beds
  • 2 Baths
  • 1,533 Sq Ft

  3454 Mckenzie St, Memphis, TN 38118

  Fantastic investment opportunity. Seller has 7 properties for sale. 6 SFH & 1 Duplex. This property is on a month-to-month lease at $969/mo. 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 financing. Showings/Inspections after contract. This property is currently being

  Benjamin Reed Reed & Associates of Tenn, LLC

  3454 Mckenzie St, Memphis, TN 38118
• 

  /2

  $194,900

  • 3 Beds
  • 2 Baths
  • 1,929 Sq Ft

  4180 Runningbrook Cir, Memphis, TN 38141

  Great investment opportunity or the perfect place to call home! This spacious property offers plenty of room, featuring a large bonus room that can be used as a playroom, media room, home office, or additional living space. Conveniently located just minutes from schools, shopping, and everyday amenities. The inviting den features a cozy fireplace, while wood laminate flooring flows throughout the

  Jeff Goff Keller Williams

  4180 Runningbrook Cir, Memphis, TN 38141
• 

  /2

  $4,000

  • Land
  • 5,227 Sq Ft
  • $33,333 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 inareas experiencing continuedrevitalization and strong rental demand. Portfolio includes the following properties:

  Austin Rowe Onward Real Estate

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

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