Investment - Homes for Sale in Memphis, TN

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  /8

  $114,900

  • 3 Beds
  • 1 Bath
  • 1,019 Sq Ft

  509 Deerskin Dr, Memphis, TN 38109

  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. Professionally managed,

  Jeremy Veldman KAIZEN Realty, LLC

  509 Deerskin Dr, Memphis, TN 38109
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  /2

  $7,500

  • Land
  • 8,276 Sq Ft
  • $39,474 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

  $109,000

  • Land
  • 5.45 Acres
  • $20,000 per Acre

  0 Billy Maher Rd, Memphis, TN 38135

  Strategic Build Site or Land Investment: 5.45 Acres on Billy Maher Rd, Bartlett, TN 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,

  William Patton National Land Realty, LLC

  0 Billy Maher Rd, Memphis, TN 38135
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  /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. 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 done in the

  William Haynes Crye-Leike, Inc., REALTORS

  3430 Hendricks Ave, Memphis, TN 38111
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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
• 

  

  /23

  $189,000

  • 3 Beds
  • 2 Baths
  • 1,480 Sq Ft

  3820 Lucerne Dr, Memphis, TN 38115

  Fantastic investment opportunity. Seller has 7 properties for sale. 6 SFH & 1 Duplex. This property is leased at $1,390/mo. through 2/28/2027. 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

  3820 Lucerne Dr, Memphis, TN 38115
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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

  $8,500

  • Land
  • 6,969 Sq Ft
  • $53,125 per Acre

  1235 Dunnavant St, Memphis, TN 38106

  Residential lot situated in a convenient Memphis location. Great opportunity for residential development or investment. Near to schools, shopping, dining, and major transportation routes.

  Jonathan Minerick homecoin.com

  1235 Dunnavant St, Memphis, TN 38106
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  /2

  $115,000

  • 2 Beds
  • 1 Bath
  • 1,028 Sq Ft

  3541 Stuart Rd, Memphis, TN 38111

  Charming East Memphis home featuring 2 bedrooms, 1 bath, spacious living areas, and plenty of natural light. Conveniently located near the University of Memphis, shopping, dining, and parks. Perfect for a first-time buyer, downsizer, or investment opportunity.

  Mary Wardlaw Keller Williams

  3541 Stuart Rd, Memphis, TN 38111
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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

  $419,900

  $20K 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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  /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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  /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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  /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

  $7,650

  $3K PRICE DROP

  • Land
  • 9,147 Sq Ft
  • $36,429 per Acre

  654 Regent Place Unit 18, 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

  654 Regent Place Unit 18, Memphis, TN 38106
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  /22

  $194,900

  • 3 Beds
  • 2 Baths
  • 1,652 Sq Ft

  6312 Raleigh Lagrange Rd, Memphis, TN 38134

  Ready for your next project? This house needs a little of everything to bring it back to life, but the bones are great. Ideal for investors looking for their next buy and hold. Will make a great investment property. Sellers are investors and have never seen the property. Property is priced below market to reflect needed updates. Utilities have been requested. Buyers to perform their due

  Ryan Flannery Premier Realty Group, LLC

  6312 Raleigh Lagrange Rd, Memphis, TN 38134
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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

  $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. 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

  812 Normal Cir, Memphis, TN 38111
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  /2

  $75,000

  $5K 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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  /14

  $44,900

  $5K PRICE DROP

  • 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
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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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  /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

  $144,999

  $127K PRICE DROP

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

  4080 E Whitehaven Park Cir, Memphis, TN 38116

  This property is leased at $1,555 per month ($18,660 annually) through 12/21/2026, with a cash-on-cash return of 6.73% and a monthly cash flow of $253.72. "All investment figures are estimates and verified independently by buyer." Investor-ready single-family residence offering strong rental potential and solid fundamentals. The home features a functional floor plan with spacious living areas,

  James Wachob Foundation Property Management

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

  $55,000

  • 3 Beds
  • 1 Bath
  • 1,131 Sq Ft

  799 Cherokee Ave, Memphis, TN 38106

  This property has a projected monthly rent of $1,075 ($12,900 annually), an estimated cash-on-cash return of 31.45%, and an expected monthly cash flow of $530.79. "all investment figures are estimates and verified independently by buyer" Solid investment opportunity in a growing Memphis rental corridor. This 3BR/1BA single-story home offers a bright, functional layout with durable hard surface

  James Wachob Foundation Property Management

  799 Cherokee Ave, Memphis, TN 38106
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  /23

  $209,900

  $10K 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
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  /2

  $95,000

  $10K PRICE INCREASE

  • 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. 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 done in the past few years.

  William Haynes Crye-Leike, Inc., REALTORS

  3471 Heckle Ave, Memphis, TN 38111
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  /11

  $29,900

  $20K PRICE DROP

  • 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! Priced to SELL so you can get in and do your work! 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 loans. NO seller-financing or

  Randall Weatherall Memphis Metro Realty

  1263 Newark Ave, Memphis, TN 38106
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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
• 

  

  /22

  $294,900

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,503 Sq Ft

  6361 Fairway Heights Cove, Memphis, TN 38135

  Fantastic home for the price!! Beautiful brick home in cove. Would make a great starter home, investment or downsizing. Fenced back yard + landscaped front yard w/ extra storage shed. Laminate wood floors + refrigerator + washer/dryer included. Large primary with lux bath. Split bedrooms #investment #firsthomebuyer #downsize New microwave

  Karen Taylor Chamberwood Realty Group

  6361 Fairway Heights Cove, Memphis, TN 38135
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  /7

  $114,900

  $3K PRICE DROP

  • 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
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  /34

  $84,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 981 Sq Ft

  4587 Appleville St, Memphis, TN 38109

  One-story home featuring 3 bedrooms and 1 full bathroom. This property offers a simple, functional layout with comfortable living spaces, a bright kitchen area, and well-proportioned bedrooms. The home provides great potential for personalization or investment, with a manageable floor plan and easy upkeep. Conveniently located near local amenities, schools, and major roadways, this property is a

  Alexis Martz Trelora Realty

  4587 Appleville St, Memphis, TN 38109
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  /2

  $262,900

  • 3 Beds
  • 2.5 Baths
  • 1,602 Sq Ft

  678 Uptown St, Memphis, TN 38107

  Located in the heart of Downtown Memphis' residential district, this 3-bedroom, 2.5-bath home offers an excellent opportunity for both investors and future homeowners. Enjoy convenient access to Danny Thomas Boulevard, downtown dining, entertainment, medical centers, and major employers. Whether you're looking to renew the current lease and add to your investment portfolio or personalize the home

  Dawn Kinard Welch Realty, LLC

  678 Uptown St, Memphis, TN 38107
• 

  

  /13

  $275,000

  • 6 Beds
  • 4 Baths
  • 3,212 Sq Ft

  2225 Goldbrier Ln, Memphis, TN 38134

  This is a Fantastic Investment Opportunity. 2225-2227 Goldbrier is a Well Maintained Turnkey 6 Bedroom / 4 Full Bath Duplex in a Settled, Quite community in 38134. Each Unit Has 3 Bedrooms and 2 Full Baths. Leases in Place for Both Units for Immediate Cashflow. Perfect for Anyone Looking to Expand their Portfolio. Please Do Not Disturb or Approach Tenants.

  Sheila Ridgway 901, REALTORS

  2225 Goldbrier Ln, Memphis, TN 38134
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  /5

  $99,900

  $5K PRICE DROP

  • 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
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  /2

  $7,650

  $3K PRICE DROP

  • Land
  • 11,761 Sq Ft
  • $28,333 per Acre

  1303 S Orleans St Unit 9, 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

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

  

  /19

  $69,900

  $15K PRICE DROP

  • 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
• 

  /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
• 

  /2

  $7,650

  $3K PRICE DROP

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

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

  

  /26

  $194,900

  New Construction $5K PRICE DROP

  • 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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