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Investment - Homes for Sale in Memphis, TN

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  • /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
  • /2

    $120,000

    • 2 Beds
    • 1 Bath
    • 1,257 Sq Ft

    537 E Davant Ave, Memphis, TN 38106

    Investor Opportunity/Future Homeowner Potential/Renovation in Progress Unlock the potential of this promising property located in the heart of South Memphis. Whether you're an investor looking for your next value-add project, a landlord seeking to expand your rental portfolio, or a first-time homebuyer ready to customize your future home, this property offers a unique opportunity. Renovations are

    Cindricka Arrington eXp Realty, LLC

    537 E Davant Ave, Memphis, TN 38106
  • /3

    $300,000

    • Land
    • 3.4 Acres
    • $88,235 per Acre

    0 Warford St, Memphis, TN 38018

    Great opportunity for Real Estate Developers and Investment Groups!! Check out this green way land that offers scenic views plus a paved trail pathway for pedestrians and bicycle traffic. This area offers water quality, as it filters from deep Memphis Aquifer. This area gives you a natural and gentle waterway! Can be used for fishing, paddling, and kayaking. This property is aligned with the

    Tihesheia Johnson The Home Partners Realty

    0 Warford St, Memphis, TN 38018
  • /2

    $27,500

    • Land
    • 6,534 Sq Ft
    • $183,333 per Acre

    600 Walker Ave, Memphis, TN 38126

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

    Chinna Prude C21 Patterson & Assoc. Real Es

    600 Walker Ave, Memphis, TN 38126
  • /4

    $125,000

    • 3 Beds
    • 2 Baths
    • 1,576 Sq Ft

    396 Edith Ave, Memphis, TN 38126

    Great Investment Opportunity or for a Homeowner. New Roof & Central HVAC! New Paint on Exterior! All Showings/Inspections after accepted offers. Currently Tenant Occupied. Tenants Rights in place. Please Do Not Disturb Tenants. BEWARE OF DOG IN BACKYARD

    Connie Jones Keller Williams

    396 Edith Ave, Memphis, TN 38126
  • /2

    $119,900

    • 2 Beds
    • 1 Bath
    • 824 Sq Ft

    3335 Cicalla Ave, Memphis, TN 38122

    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

    3335 Cicalla Ave, Memphis, TN 38122
  • /15

    $109,000

    $10K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,031 Sq Ft

    1540 Duke St, Memphis, TN 38108

    Whether you're searching for a new home or an investment property, this fully renovated 3-bedroom home offers outstanding value. Recent updates provide modern finishes and peace of mind, while the efficient floor plan maximizes every square foot. For owner-occupants, this move-in ready home offers affordable living in the Berclair area, featuring updated interiors, durable brick construction, and

    Jacob Laurence Keller Williams

    1540 Duke St, Memphis, TN 38108
  • /2

    $100,000

    • 3 Beds
    • 1 Bath
    • 980 Sq Ft

    2509 Derbyshire Ave, Memphis, TN 38127

    Welcome to Frayser! This three-bedroom home is located in the heart of an established neighborhood and features vinyl floors throughout, making it easy to keep this space clean. The kitchen is equipped with an electric stove and refrigerator. A separate laundry closet gives you the convenience you need. Here's your opportunity to own your first home or your first investment property. Why continue

    Shanita Johnson SAIJ Real Estate Company

    2509 Derbyshire Ave, Memphis, TN 38127
  • /2

    $5,000

    • Land
    • 3,049 Sq Ft
    • $71,429 per Acre

    0 Mississippi Blvd, 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

    0 Mississippi Blvd, Memphis, TN 38106
  • /4

    $44,900

    • 4 Beds
    • 2.5 Baths
    • 1,564 Sq Ft

    720 Lucille Ave, Memphis, TN 38106

    Fantastic opportunity to add this property to your investment portfolio! This 4-bedroom, 2.5-bathroom home offers a convenient location near major roadways, shopping, dining, and entertainment. The property provides excellent potential for investors looking to expand their rental portfolio. Property is being sold AS-IS and will be sold occupied. Please do not disturb the tenants.

    Anna Palazola Crye-Leike, Inc., REALTORS

    720 Lucille Ave, Memphis, TN 38106
  • /2

    $150,000

    • Land
    • 3,484 Sq Ft
    • $1,875,000 per Acre

    0 Broad Ave, Memphis, TN 38112

    Location! Location! Location! Don’t miss this rare opportunity to own four contiguous lots in the heart of Memphis along the highly sought-after Broad Ave corridor. This listing includes all four parcels: 037026 00037, 037026 00038, 037026 00039, and 037026 00040—offering a prime footprint for your next investment or development project. Positioned near the vibrant Broad Avenue Arts District,

    Crystal Mitchell Renshaw Company, REALTORS

    0 Broad Ave, Memphis, TN 38112
  • /2

    $85,000

    • 3 Beds
    • 1 Bath
    • 1,064 Sq Ft

    4214 Bayliss Ave, Memphis, TN 38108

    Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $750 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

    4214 Bayliss Ave, Memphis, TN 38108
  • /25

    $144,900

    $40K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,509 Sq Ft

    1248 Meda St, Memphis, TN 38114

    Great investment. This duplex has been very well maintained. 1248 and 1250 Meda have both been remodeled within the last two years. Both attached properties are vacant. Easy to show. Call broker bay to schedule all showings.

    Justin Yarbrough JASCO Realty

    1248 Meda St, Memphis, TN 38114
  • /8

    $925,000

    • Land
    • 34,848 Sq Ft
    • $1,156,250 per Acre

    386 E Pontotoc Ave, Memphis, TN 38126

    PRIME DEVELOPMENT OPPORTUNITY in the heart of downtown Memphis. This is a combination of 3 lots, totaling ±34,670 square foot (±0.8 acre). The site is ideally located at 4th & Pontotoc, near Fed Ex Forum and one block from Beale Street within the Sports & Entertainment District. Zoned for mixed-use and residential development, the property is well-suited for a boutique infill project including

    Bruce Johnson mlsAssist

    386 E Pontotoc Ave, Memphis, TN 38126
  • /2

    $5,000

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

    1317 S Wellington St, 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

    1317 S Wellington St, Memphis, TN 38106
  • /7

    $38,000

    $7K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    525 E Dison Ave, Memphis, TN 38106

    Home is being sold AS-IS, seller will not do any repairs. Some repairs started but are not completed. Great investment opportunity. Cash offers only.

    Esther Guy BenchMark REALTORS, LLC

    525 E Dison Ave, Memphis, TN 38106
  • /20

    $159,900

    • 3 Beds
    • 2 Baths
    • 1,029 Sq Ft

    4235 Wagon Trail Cove, Memphis, TN 38109

    Welcome home to this soft contemporary open floor plan! This home has been updated with the following features: 25 year architectural roofing New circuit breaker box and wiring through the home Updated gas lines and plumbing throughout New HVAC unit New 40 Gallon Gas Water Heater Energy Efficient Windows High End Appliances (washer/dryer, stainless steel range oven, dishwasher and refrigerator)

    Reginald Williams BROC Properties

    4235 Wagon Trail Cove, Memphis, TN 38109
  • /2

    $135,000

    • 6 Beds
    • 2 Baths
    • 2,600+ Sq Ft

    876 N 3rd St, 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

    876 N 3rd St, Memphis, TN 38107
  • /6

    $150,000

    $10K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,218 Sq Ft

    4644 Huckleberry Cove, Memphis, TN 38109

    Price Reduction! Fully renovated investment opportunity ready for a long-term hold. This property has been updated throughout, offering a clean, low-maintenance asset for any investor looking to add to their portfolio. With strong rental demand in the area, this home is well-positioned to produce consistent cash flow with minimal upfront work. Ideal for both seasoned investors and those looking

    Bradley Puckett CB Properties of Memphis, LLC

    4644 Huckleberry Cove, Memphis, TN 38109
  • /2

    $5,000

    • Land
    • 8,712 Sq Ft
    • $25,000 per Acre

    664 Lucy Ave Unit 54, 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

    664 Lucy Ave Unit 54, Memphis, TN 38106
  • /18

    $70,000

    • 2 Beds
    • 1 Bath
    • 744 Sq Ft

    3077 Beaumont Ave Unit 35, Memphis, TN 38114

    Currently leased at $875 per month through 09/05/2027. Brick single-level home offering 2 bedrooms, 1 bathroom, and 744 square feet of living space. Interior features fresh gray paint, wood-style flooring throughout, crown molding, and white trim. The kitchen includes white cabinetry, a gas range, and vent hood, with a stacked washer and dryer on-site. Updated bathroom with tub-shower surround.

    James Wachob Foundation Property Management

    3077 Beaumont Ave Unit 35, Memphis, TN 38114
  • /2

    $99,900

    $20K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,400+ Sq Ft

    3672 Maid Marian Ln, Memphis, TN 38111

    Fantastic investment opportunity in the Shelby area. This 2br/2 bath single-family home is in the 38111 area. Cash flowing with a monthly rental amount of $935/month. The lease ends on 02/28/2027. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    3672 Maid Marian Ln, Memphis, TN 38111
  • /17

    $184,900

    • 3 Beds
    • 1 Bath
    • 1,428 Sq Ft

    206 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

    206 Leath St, Memphis, TN 38105
  • /5

    $75,000

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

    692 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

    692 Looney Ave, Memphis, TN 38107
  • /34

    $64,900

    $20K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 936 Sq Ft

    3663 Mountain Terrace St, Memphis, TN 38127

    Solid 3BR/1BA brick home in Northgrove Village. Features 936 sq. ft. of efficient living space on a level, 0.21-acre lot. Strong investment potential with a gable roof, composition shingles, and central HVAC. Conveniently located near Austin Peay Hwy and local retail. Sold as-is—perfect for a rental portfolio or first-time flipper.

    Thee Gaines Trelora Realty

    3663 Mountain Terrace St, Memphis, TN 38127
  • /23

    $503,000

    $24K PRICE DROP
    • 5 Beds
    • 3.5 Baths
    • 2,996 Sq Ft

    31 S Morrison St, Memphis, TN 38104

    Price Improved! Now is the perfect time to own this beautifully updated Midtown Memphis home. Welcome to 31 S Morrison St, where classic charm meets modern comfort. This spacious home features 5 bedrooms, 3.5 baths, bright open living areas, and an updated kitchen with stylish finishes and modern appliances. Enjoy a private backyard and an unbeatable location just minutes from Overton Square,

    Bernard Evans 4 Success Realty, LLC

    31 S Morrison St, Memphis, TN 38104
  • /11

    $44,900

    $4K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 900 Sq Ft

    292 Decatur St, Memphis, TN 38105

    Great investment opportunity! This 2-bedroom, 1-bath home offers strong potential for rental or renovation. Property is being sold as-is and priced accordingly. Ideal for investors or buyers looking for value. Convenient location with quick access to downtown, medical district, and major highways. Cash or conventional financing.

    Donnie Morrow eXp Realty, LLC

    292 Decatur St, Memphis, TN 38105
  • /32

    $110,000

    • 1 Bed
    • 1 Bath
    • 757 Sq Ft

    6692 Whispering Oak Place Unit 2, Memphis, TN 38120

    Perfect Buyer's First Purchase or Investment Opportunity! Updated/Renovated--Move-In Ready! Updates include: all new LVT flooring (no carpet), all new kitchen cabinets to include pantry, ss appliances, new linen closet in bath, and new lighting fixtures. Nice size den and separate LR/DR combination which would make perfect office or flex space. Enclosed Balcony w/ double entrance for lots of

    Lisa Fitzgerald Main Street, REALTORS

    6692 Whispering Oak Place Unit 2, Memphis, TN 38120
  • /14

    $299,000

    $11K PRICE DROP
    • 6 Beds
    • 4 Baths
    • 2,385 Sq Ft

    1724 Ontario Ave, Memphis, TN 38127

    BRAND NEW DUPLEX! To be completed April 15, 2026. Interiors are modern and stylish featuring 3 Bedrooms, 2 full baths. Granite counter tops, large master BR, walk in closets, large master bath, glass shower, separate tub, LVT flooring, maintenance free exterior. PERFECT Cash Flow Investment. No wholesalers- No owner finance offers.

    Brett Bernard The Stamps Real Estate Company

    1724 Ontario Ave, Memphis, TN 38127
  • /7

    $129,400

    • 4 Beds
    • 1 Bath
    • 2,040 Sq Ft

    575 E Dison Ave, Memphis, TN 38106

    Rare investment opportunity in Memphis! This spacious 5-bedroom, 1-bath brick home is a cash-flowing rental property with a long-term tenant currently paying $1,650/month. Ideal for investors looking to add a stabilized income-producing asset to their portfolio. Features include hardwood flooring, updated interior paint, large living spaces, separate dining area, generous natural light, and a

    Oksana Piven BEST Real Estate Company

    575 E Dison Ave, Memphis, TN 38106
  • /2

    $85,000

    • 3 Beds
    • 1.5 Baths
    • 1,247 Sq Ft

    1772 Atlas St, Memphis, TN 38108

    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

    1772 Atlas St, Memphis, TN 38108
  • /21

    $49,900

    • 2 Beds
    • 1 Bath
    • 819 Sq Ft

    3202 Old Horn Lake Rd, Memphis, TN 38109

    Wonderful opportunity to buy this 2 brick bedroom 1 bathroom home with large detached garage! No neighbor behind you or on one side of you (very private). Home has a large, covered front porch plus hardwood floors, and spacious bedrooms and kitchen. Could be a great primary residence or investment property. Many homes on this street have been rehabbed and sold for more money. Convenient location

    Tyler Tapley Crye-Leike, Inc., REALTORS

    3202 Old Horn Lake Rd, Memphis, TN 38109
  • /17

    $84,000

    • 2 Beds
    • 1 Bath
    • 768 Sq Ft

    213 W Norwood Ave, Memphis, TN 38109

    ATTENTION INVESTORS! Tenant-occupied 2BR/1BA brick home generating $795/month with lease secured through 3/31/2027. Fully renovated in 2022, including a new roof, HVAC, water heater, and cosmetic updates throughout. Stable, income-producing property and a great addition to any investment portfolio. Professionally managed, tenant ledger and maintenance report available upon request. Please do not

    Jeremy Veldman KAIZEN Realty, LLC

    213 W Norwood Ave, Memphis, TN 38109
  • /11

    $125,000

    • 3 Beds
    • 1 Bath
    • 1,082 Sq Ft

    2232 Amethyst Cove, Memphis, TN 38127

    Excellent investment opportunity in the desirable Georgian Woods Subdivision! Situated on a premium corner lot in a quiet cove, this property offers strong rental appeal and long-term value. Recently updated in 2025, the home features modern luxury vinyl plank (LVP) flooring, updated countertops, sleek black hardware, and a new water heater, providing a fresh and low-maintenance interior. The

    Trevor Wallace Crye-Leike, Inc., REALTORS

    2232 Amethyst Cove, Memphis, TN 38127
  • /5

    $199,900

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

    3197 Covington Pike, Memphis, TN 38128

    No showing until after accepted offer. Tenant in place, PLEASE DO NOT DISTURB TENANTS!! Currently an investment property with tenants in place. Welcome to this well-maintained 3-bedroom, 2-bath home located in Raleigh Ridge Park. This attractive brick home features a 2-car carport, security doors, and a detached exterior storage building for additional storage space. Inside, you'll find wood

    Chris Peaks Crye-Leike, Inc., REALTORS

    3197 Covington Pike, Memphis, TN 38128
  • /31

    $265,000

    $10K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,809 Sq Ft

    4170 Tutwiler Ave, Memphis, TN 38122

    Completely renovated 3 bed, 2 bath in the heart of Grahamwood! This move in ready home blends modern updates with everyday comfort, making it perfect for any homeowner or an investor looking for a turnkey Airbnb opportunity. Features include updated finishes throughout, spacious living areas, a garage, and a layout designed for easy living and entertaining. Conveniently located near shopping,

    Philip Blayde Keller Williams

    4170 Tutwiler Ave, Memphis, TN 38122
  • /13

    $97,000

    • 4 Beds
    • 1.5 Baths
    • 1,899 Sq Ft

    4170 Lansford Dr, Memphis, TN 38128

    Lovely 4 bedroom 1.1 bathroom home with HARDWOOD floors, covered parking and a large backyard. Home has a nice floorplan with plenty of space. Seller replaced the sewer line in 2023 and made several other repairs (that come with a warranty). The downstairs has a huge play area that is heated and cooled (could be a great 4th bedroom, play room etc). This property could be a great long term

    Tyler Tapley Crye-Leike, Inc., REALTORS

    4170 Lansford Dr, Memphis, TN 38128
  • /16

    $120,000

    • 3 Beds
    • 2 Baths
    • 1,492 Sq Ft

    3263 Braemar Dr, Memphis, TN 38128

    Don't miss this opportunity to own a property with tremendous potential. Whether you're an investor looking for your next renovation project or a buyer ready to add your own personal touches, this property offers a great value. The home is being sold as-is, and the seller will make no repairs. With the right vision, this property could be transformed into a fantastic primary residence, rental

    Alex Evans Reedy & Company, REALTORS

    3263 Braemar Dr, Memphis, TN 38128
  • /2

    $95,000

    $5K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 875 Sq Ft

    1831 Dupont Ave, Memphis, TN 38127

    Great investment opportunity in this rental income producing house. It has 2 bedrooms and 1 baths. Currently renting for $1,250 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over 15 other rental houses available also.

    Harry Samuels Pinnacle Realty

    1831 Dupont Ave, Memphis, TN 38127

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