Investment - Homes for Sale in Memphis, TN

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  /16

  $70,000

  $35K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 1,399 Sq Ft

  1845 Quail Valley Cove, Memphis, TN 38134

  Priced to sell. Take a look at this investment opportunity. Tenant occupied. Can be sold with tenant or without tenant. Please don't disturb the tenant. No showings until offer accepted. Please make an Offer subject to inspection. Current rent is $975.00 lease ended in February 2026. Tenant would like to stay. Investors look at your opportunity to add to your invest portfolio or become a new

  Lisa Nelson Exit Wise Master-Builders Real

  1845 Quail Valley Cove, Memphis, TN 38134
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  /2

  $40,000

  • Land
  • 2,178 Sq Ft
  • $800,000 per Acre

  46 Angelus St, Memphis, TN 38104

  Incredible opportunity to own two adjoining lots in the heart of Midtown — 46 and 52 Angelus St. These properties are surrounded by new construction and located next door to a stunning modern condo building. The area continues to grow rapidly, making this a perfect location for your next development project or investment. Centrally located and just minutes from dining, shopping, and entertainment

  Crystal Mitchell Renshaw Company, REALTORS

  46 Angelus St, Memphis, TN 38104
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  /6

  $174,800

  • 2 Beds
  • 1 Bath
  • 841 Sq Ft

  973 Maria St, Memphis, TN 38122

  This all brick 2-bedroom 1 bath Berclair neighborhood home is being offered together with five other income producing single-family homes. 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 is in need of mid-level rehab. This home is vacant. Owner has

  Derrick Brown Independence Realty&Investment

  973 Maria St, Memphis, TN 38122
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  /16

  $149,900

  • 5 Beds
  • 2 Baths
  • 1,902 Sq Ft

  3764 Cazassa Rd, Memphis, TN 38116

  Expand your investment portfolio with this excellent rental opportunity. Situated in a desirable rental market, this property offers convenient access to shopping, dining, major employers, and other local amenities. Please note that wholesale offers and contract assignments will not be considered.

  Dean Harris CrestCore Realty MphsBrokerage

  3764 Cazassa Rd, Memphis, TN 38116
• 

  

  /2

  $30,000

  • 4 Beds
  • 1 Bath
  • 918 Sq Ft

  791 Alma St, Memphis, TN 38107

  Property being sold as is. Great investment opportunity, close to downtown .

  Lee Williams Keller Williams

  791 Alma St, Memphis, TN 38107
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  /9

  $125,000

  • 4 Beds
  • 2 Baths
  • 1,248 Sq Ft

  869 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 $1395/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

  869 N Bingham St, Memphis, TN 38108
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  /4

  $115,000

  • 2 Beds
  • 1 Bath
  • 1,078 Sq Ft

  3333 Park Ave, Memphis, TN 38111

  GREAT INVESTMENT OPPORTUNITY!!! Tenant-occupied investment opportunity in Memphis's Park Grove subdivision, minutes from the University of Memphis. This 2 bedroom, 1 bath home sits on a 0.19 acre lot with a paying $1,040, month-to-month tenant in place at closing, no vacancy downtime for a buy-and-hold investor. Sold as-is. Property is tenant-occupied, no showings prior to an accepted offer,

  Faith Risser Groome & Co.

  3333 Park Ave, Memphis, TN 38111
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  /2

  $55,000

  Pre-Foreclosure

  • 2 Beds
  • 1.5 Baths
  • 1,126 Sq Ft

  3554 Morning Dew Ct Unit 11, Memphis, TN 38118

  Welcome to 3554 Morning Dew Ct, Memphis, TN 38118! Located in the peaceful Parkway Village neighborhood, this charming single-family home offers a delightful blend of comfort and convenience. Enjoy easy access to major roads such as Perkins Rd and Winchester Rd, placing you just minutes away from an array of shopping, dining, and entertainment options. While this home is a fixer-upper, it already

  William Maben- Memphis Commercial Lots Epique Realty

  3554 Morning Dew Ct Unit 11, Memphis, TN 38118
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  /24

  $70,000

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,600+ Sq Ft

  3626 Outland Rd Unit 86, Memphis, TN 38118

  Perfect investment property for those looking to expand their portfolio. This 3-bedroom, 2-bathroom home needs a little TLC to maximize its potential. It is tenant occupied with no lease term, Please do not disturb the tenants and Schedule your Showing Today. The roof was replaced a 1 1/2 year ago. This home is also ideal for first-time homebuyers or anyone looking to simply downsize. This is

  Anayeli Vargas Centric Realty LLC

  3626 Outland Rd Unit 86, Memphis, TN 38118
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  /35

  $300,000

  • 4 Beds
  • 4 Baths
  • 2,496 Sq Ft

  5659 Hinton Place, Memphis, TN 38119

  Excellent investment opportunity! Well-maintained duplex in Colonial Acres featuring two 2-bedroom, 1.5-bath units. One unit is vacant and rent-ready with an updated kitchen, fresh interior paint, and new carpet in the bedrooms, providing an ideal opportunity for an owner-occupant or immediate lease-up. The second unit is occupied by a month-to-month tenant ($1,295/month), offering current income

  Chad Woelke Heritage Homes Co.

  5659 Hinton Place, Memphis, TN 38119
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  /13

  $72,990

  • 2 Beds
  • 1 Bath
  • 891 Sq Ft

  3129 Northgate St, Memphis, TN 38127

  Great opportunity for homeowners or investors! This cozy 2-bedroom, 1-bath home sits on a spacious lot and offers plenty of potential to make it your own. Whether you're looking for a primary residence or an addition to your investment portfolio, this property is worth a look. Conveniently located with easy access to schools, shopping, and major roadways. Schedule your showing today!

  Darrell Person eXp Realty, LLC

  3129 Northgate St, Memphis, TN 38127
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  /12

  $329,000

  • 4 Beds
  • 2 Baths
  • 2,036 Sq Ft

  2780 Elmore Park Rd, Memphis, TN 38134

  Add this one to your Investment Portfolio! Great Home, Great Area!! 4 Bedrooms, 2 Full Baths with a Bonus Room. All Hardwood & Tile. This home is Occupied by a Tenant and An Accepted Contract will be needed to Schedule a Showing DO NOT CALL THE SELLERS

  Sheila Ridgway 901, REALTORS

  2780 Elmore Park Rd, Memphis, TN 38134
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  /2

  $144,900

  • 3 Beds
  • 1.5 Baths
  • 1,177 Sq Ft

  4891 Ortie Dr, Memphis, TN 38109

  Whether you're looking to expand your investment portfolio or purchase a move-in-ready home, this newly renovated 3-bedroom, 2-bath property is a fantastic opportunity! Currently tenant-occupied, it offers immediate rental income for investors. Nestled in a quiet cove, the home features attractive landscaping, a covered carport, and a fenced backyard that's perfect for outdoor enjoyment. With

  Jeff Goff Keller Williams

  4891 Ortie Dr, Memphis, TN 38109
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  /2

  $20,000

  • Land
  • 12,632 Sq Ft
  • $68,966 per Acre

  1061 S Willett St, Memphis, TN 38107

  Great opportunity to build a home or investment property on this vacant lot in Memphis. Buyer to verify lot dimensions, zoning, utilities, and any building requirements. Convenient access to major roadways and local amenities. The adjacent lot at 1059 S Willett St is also available for purchase.

  Crystal Mitchell Renshaw Company, REALTORS

  1061 S Willett St, Memphis, TN 38107
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  /3

  $8,000

  $2K PRICE DROP

  • Land
  • 4,356 Sq Ft
  • $80,000 per Acre

  996 Marble Ave, Memphis, TN 38107

  Vacant residential lot located at 996 Marble Avenue in Memphis, TN, nestled between two existing homes in an established neighborhood. This 1,228 sq ft lot offers an affordable opportunity for a new build or investment project. Utilities are nearby, and the lot is surrounded by residential properties, making it well-suited for infill development. Conveniently located near local amenities,

  Donnie Morrow eXp Realty, LLC

  996 Marble Ave, Memphis, TN 38107
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  /2

  $5,000

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

  739 Mississippi Blvd, 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

  739 Mississippi Blvd, Memphis, TN 38126
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  /15

  $15,000

  $1K PRICE DROP

  • Land
  • 19,166 Sq Ft
  • $34,091 per Acre

  2915 Woodlawn Terrace, Memphis, TN 38127

  Discover the potential of this residential lot located in an established North Memphis neighborhood. Whether you're looking to build your next home or add to your investment portfolio, this vacant parcel offers a great opportunity with convenient access to major roadways, schools, shopping, and downtown Memphis.

  Courtney Clark Keller Williams

  2915 Woodlawn Terrace, Memphis, TN 38127
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  /2

  $6,000

  • Land
  • 2,613 Sq Ft
  • $100,000 per Acre

  135 W Mckellar Ave, Memphis, TN 38109

  Vacant lot, flat, perfect for building your dream home or an investment property!

  Laszlo Nguyen Heckler eXp Realty, LLC

  135 W Mckellar Ave, Memphis, TN 38109
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  /2

  $20,000

  • Land
  • 19,166 Sq Ft
  • $45,455 per Acre

  646 E Alston Ave, Memphis, TN 38126

  Great investment opportunity. Nearly half an acre only about 5 minutes from down town.

  Joshua Moss KAIZEN Realty, LLC

  646 E Alston Ave, Memphis, TN 38126
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  /2

  $4,000

  • Land
  • 5,227 Sq Ft
  • $33,333 per Acre

  258 Gaston Ave Unit 6, Memphis, TN 38106

  Rare opportunity to acquire a portfolio of infill land parcels across established and growing Memphis neighborhoods,ideal for new construction, build-to-rent communities, or long-term investment. Several parcels are clustered, allowing for scalable or phased development strategies inareas experiencing continuedrevitalization and strong rental demand. Portfolio includes the following properties:

  Austin Rowe Onward Real Estate

  258 Gaston Ave Unit 6, Memphis, TN 38106
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  /2

  $85,000

  • 3 Beds
  • 1 Bath
  • 1,430 Sq Ft

  4025 Woodburn Dr, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $700 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

  4025 Woodburn Dr, Memphis, TN 38127
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  /30

  $359,900

  • 5 Beds
  • 2.5 Baths
  • 2,949 Sq Ft

  359 S Fenwick Rd, Memphis, TN 38111

  Don't miss this incredible opportunity to own a spacious 5-bedroom, 2.5-bath home in a convenient Memphis location! Minutes from Simmons Bank Liberty Stadium, the University of Memphis, downtown, shopping, dining, and interstate access. This home features a flexible floor plan with 2 bedrooms downstairs and 3 bedrooms upstairs, this home offers plenty of room for a growing family, guests, or

  Chris Mosby ResiAmerica, Inc.

  359 S Fenwick Rd, Memphis, TN 38111
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  /38

  $160,000

  $15K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,166 Sq Ft

  6420 Saginaw Rd, Memphis, TN 38134

  Opportunity awaits! This 3-bd., 2-bth home offers solid potential for the buyer ready to add their personal touch. Featuring a functional floor plan and generous living space, this property is ready for updates and improvements to make it shine again. Whether you’re looking for your next investment, rental property, or renovation project, this home presents an excellent chance to build equity.

  Michelle Amen Reed & Associates of Tenn, LLC

  6420 Saginaw Rd, Memphis, TN 38134
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  /2

  $5,000

  • Land
  • 9,147 Sq Ft
  • $23,810 per Acre

  654 Regent Place Unit 18, Memphis, TN 38106

  Rare opportunity to acquire a portfolio of infill land parcels across established and growing Memphis neighborhoods,ideal for new construction, build-to-rent communities, or long-term investment. Several parcels are clustered, allowing for scalable or phased development strategies inareas experiencing continuedrevitalization and strong rental demand. Portfolio includes the following properties:

  Austin Rowe Onward Real Estate

  654 Regent Place Unit 18, Memphis, TN 38106
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  /5

  $10,000

  • Land
  • 9,147 Sq Ft
  • $47,619 per Acre

  0 Glen Rd Unit 10217949, Memphis, TN 38127

  CASH ONLY – Investor/Builder Opportunity! Unlock the potential of 9 residential lots offered as a package for $60,500. This is a rare chance to secure multiple infill parcels across Memphis with strong upside for new construction or long-term investment. Ideal for builders looking to scale quickly or investors seeking affordable entry points with room for appreciation. Properties included: Glen

  Silvana Piadade eXp Realty, LLC

  0 Glen Rd Unit 10217949, Memphis, TN 38127
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  /2

  $5,000

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

  739 Mississippi Blvd Unit 42, 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

  739 Mississippi Blvd Unit 42, Memphis, TN 38126
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  /10

  $109,000

  $1K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,200 Sq Ft

  2295 Poe Ave, Memphis, TN 38114

  Completely renovated and turnkey! This 3-bedroom, 2-bath home is a great opportunity for investors or buyers seeking a move-in-ready property. Currently tenant-occupied and generating $1,000 per month in rental income. Recent updates include major improvements throughout, offering peace of mind and low-maintenance ownership. Features a functional floor plan, updated kitchen and baths, fresh

  Mark Wilson Coldwell Banker Collins-Maury

  2295 Poe Ave, Memphis, TN 38114
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  /20

  $110,000

  • 3 Beds
  • 1 Bath
  • 1,099 Sq Ft

  1822 Cedarhurst Ave, Memphis, TN 38127

  Down payment assistance available for this great home for qualified buyers. Perfect for an owner occupant or to add to your investment portfolio. Features fresh paint throughout plus new carpet in the living room and three bedrooms. New wood flooring in formal dining room and kitchen. Kitchen has the washer connection with dryer in the attached storage room. Home has new HVAC system and water

  Nancy Moore Crye-Leike, Inc., REALTORS

  1822 Cedarhurst Ave, Memphis, TN 38127
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  /11

  $122,000

  $3K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,217 Sq Ft

  944 Birch St, Memphis, TN 38108

  Terrific investment rehab opportunity!! This property could be worth a lot of money once fixed up. Property needs flooring and cosmetic repairs but could be a great rental or flip. Featuring covered parking, an open floor plan, a fantastic layout and exposed wood beams. This home has so much character & charm including circular front door, newer windows, 2 fully updated bathrooms, newer lighting

  William Haynes Crye-Leike, Inc., REALTORS

  944 Birch St, Memphis, TN 38108
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  /14

  $94,900

  $15K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 963 Sq Ft

  506 E Shelby Dr, Memphis, TN 38109

  Don't miss this charming 3 bedroom brick ranch featuring an attached carport. The inviting layout offers comfortable living spaces with plenty of potential to make it your own. The bright living room provides a welcoming place to relax or entertain, while the kitchen offers ample cabinet and counter space for everyday convenience. The generously sized bedrooms provide flexibility for guests, a

  Adam Woodring Mainstay Brokerage, LLC

  506 E Shelby Dr, Memphis, TN 38109
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  /2

  $5,000

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

  1102 S Orleans St Unit S PT 7, 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 Unit S PT 7, Memphis, TN 38126
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  /2

  $80,000

  • 2 Beds
  • 1 Bath
  • 1,136 Sq Ft

  1422 Wrenwood St, Memphis, TN 38122

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $735 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

  1422 Wrenwood St, Memphis, TN 38122
• 

  /2

  $95,000

  • 3 Beds
  • 1.5 Baths
  • 1,119 Sq Ft

  2310 Pamela Dr, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $1298 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

  2310 Pamela Dr, Memphis, TN 38127
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  /3

  $170,000

  • 3 Beds
  • 2 Baths
  • 1,365 Sq Ft

  3889 Birchmeadow Cove, Memphis, TN 38115

  INVESTERS ONLY!!! Hot investment opportunity. Tenant occupied 3bed 2bath home rented at $1370/mo. This could be a great addition to your rental portfolio. Professionally managed property by Renshaw. LEASE AND LEDGER AVAILABLE UPON REQUEST. 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,

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3889 Birchmeadow Cove, Memphis, TN 38115
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  /15

  $109,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,293 Sq Ft

  2919 Bede Rd, Memphis, TN 38128

  Charming 3-Bedroom Home in Scenic Hills, near Raleigh Memphis! Home features large living room, separate dining room, spacious eat-in kitchen, detached 2-car garage and spacious backyard ideal for family outdoor activities and gatherings. Recently refreshed including new paint and new laminate flooring in the front bedroom. Roof was replaced in December 2023, Water Heater was replaced in February

  Jeremy Veldman KAIZEN Realty, LLC

  2919 Bede Rd, Memphis, TN 38128
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  /11

  $129,900

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

  3484 Vernon Ave, Memphis, TN 38122

  Fantastic investment opportunity in the Shelby area. This 2br/2 bath Duplex home is in the 38122 area. Unit 3484 is occupied for $775, lease ends on 05/31/2027, Unit 3486 is occupied for $700, lease ends on 07/31/2028. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3484 Vernon Ave, Memphis, TN 38122
• 

  

  /16

  $129,900

  $5K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 882 Sq Ft

  3548 Kruger Rd, Memphis, TN 38108

  Under $150,000! Nice 4bed/2bath with spacious backyard for entertaining or pets. Interior has been freshly painted with LVP flooring throughout. Nice living room/dining room combination. Home features gas cooking, updated light fixtures, and updated bathrooms. This could be a great primary residence or investment property. No blind offers, wholesalers, or assignments. Home qualifies for 100%

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3548 Kruger Rd, Memphis, TN 38108
• 

  /2

  $85,000

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

  3901 Aqua Cove, Memphis, TN 38127

  This 3 Bedroom, 1.5 Bath home is located in a quiet cove. It's currently being used as an Income Producing Investment with a Lessee in place. A great investment for rental or a nice starter home as well. Call for the additional details regarding this investment.

  Gregory Fleming Townsend & Fleming, Inc.

  3901 Aqua Cove, Memphis, TN 38127
• 

  

  /16

  $169,000

  $10K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,414 Sq Ft

  1529 Dardon Ave, Memphis, TN 38116

  Well-maintained 4-bedroom, 2-bath home nestled in the desirable 38116 area! This beautifully updated property features fresh paint and refinished hardwood floors, offering a clean and inviting feel throughout. The home boasts a warm and functional layout, an attached side garage, washer and dryer hookups, and a storage building in the large backyard—perfect for relaxing, entertaining, or making a

  Thomas Zettergren Premier Realty Group, LLC

  1529 Dardon Ave, Memphis, TN 38116
• 

  

  /15

  $199,900

  • 3 Beds
  • 2 Baths
  • 1,716 Sq Ft

  2099 Shenandoah Dr, Memphis, TN 38134

  Ready for your next project? This house just needs a little updating, cleaning, and refreshing to bring it back to life. Ideal for DIY homeowners who are not afraid of a little sweat equity or investors looking for their next buy-and-hold. It will make a great investment property. Sellers are investors and have never seen the property. The property is priced below market to reflect needed

  Ryan Flannery Premier Realty Group, LLC

  2099 Shenandoah Dr, Memphis, TN 38134

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