Investment - Homes for Sale in Memphis, TN

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  /14

  $135,000

  • 3 Beds
  • 1 Bath
  • 1,489 Sq Ft

  516 Jeanne Dr, Memphis, TN 38109

  Renovated in 2024, this income-producing property is a strong opportunity for investors seeking a turnkey, rent-ready asset with professional management already in place. The home offers a functional layout featuring a spacious living area, updated finishes, and well-sized bedrooms designed for comfortable living. Exterior highlights include a large backyard and ample parking, adding to long-term

  

  Amy Woods

  Crye-Leike, Inc., REALTORS

  516 Jeanne Dr, Memphis, TN 38109
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  /31

  $100,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,203 Sq Ft

  929 N Mcneil St, Memphis, TN 38107

  Beautiful 2BR/1BA home offers a great investment opportunity in the Vollintine-Evergreen area. Featuring approx. 1,203 sq. ft. of living space, this property includes a separate living room, central heating and cooling.The large backyard provides great space for relaxing, gardening, pets, or future projects. Conveniently located near Rhodes College, Crosstown Concourse, Overton Park, and popular

  

  Edwin Scruggs

  BHHS Taliesyn Realty

  929 N Mcneil St, Memphis, TN 38107
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  /21

  $66,000

  • Land
  • 3.77 Acres
  • $17,507 per Acre

  Lakehurst Dr, Memphis, TN 38128

  Discover the potential of this beautiful 3.77 acre wooded property located on Lakehurst Drive in the Forest Lake Neighborhood in Memphis, Tennessee. Featuring mature timber and a peaceful natural setting, this Shelby County property offers an excellent opportunity to build your dream home, create a private retreat, or invest in land with outstanding potential.Conveniently located just

  Payton Shinault Smalltown Hunting Properties & Real Estate

  Lakehurst Dr, Memphis, TN 38128
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  /7

  $825,000

  • Land
  • 58.2 Acres
  • $14,175 per Acre

  0 Tchulahoma Rd Unit 26568470, Memphis, TN 38118

  Positioned in a rapidly expanding logistics and distribution corridor in South Memphis, Tennessee, this 58.2 acre tract on Tchulahoma Road in Shelby County offers an outstanding development and investment opportunity near one of the region's most active industrial hubs. Located just 0.6 miles from the Amazon Distribution Center and approximately 6.1 miles from Memphis International Airport, the

  Shane Martin Smalltown Hunting Properties & Real Estate

  0 Tchulahoma Rd Unit 26568470, Memphis, TN 38118
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  $449,000

  • 3 Beds
  • 2.5 Baths
  • 2,518 Sq Ft

  107 Madison Ave Unit 401, Memphis, TN 38103

  Experience the charm of classic city living in this top-floor, 3 bed,2.5 bath walk-up on Main Street—reminiscent of iconic New York-style residences, full of character & elevated views. Situated in the vibrant heart of Downtown Memphis, this one-of-a-kind condo offers spectacular cityscape vistas through floor-to-ceiling windows & immerses you in the rich, authentic feel of a bygone era. Inside,

  Tracie Gaia BHHS McLemore & Co., Realty

  107 Madison Ave Unit 401, Memphis, TN 38103
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  /40

  $140,000

  $12K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 1,825 Sq Ft

  2688 Browning Ave, Memphis, TN 38114

  WANT TO MAKE MONEY OWNING AN AIRBNB? HERES YOUR CHANCE! Welcome to 2688 Browning Ave! This charming 4-bedroom, 3-bath traditional home offers a polished and versatile layout! Step inside to a freshly painted interior featuring two bedrooms on the main level for added convenience. The inviting living area is highlighted by a cozy brick fireplace and new windows that fill the home with natural

  James Wachob Foundation Property Management

  2688 Browning Ave, Memphis, TN 38114
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  /26

  $399,900

  • 5 Beds
  • 3.5 Baths
  • 3,040 Sq Ft

  1609 Eastmoreland Ave, Memphis, TN 38104

  Welcome to elegance with this stunning 5-bedroom, 3.5-bath historic home that perfectly blends classic character with modern comfort. Featuring soaring ceilings, beautiful hardwood floors, and an enclosed sunroom, this home offers warmth, charm, and abundant living space. The kitchen and formal dining room are ideal for entertaining family and friends. The versatile third floor, comes complete

  Chris Mosby ResiAmerica, Inc.

  1609 Eastmoreland Ave, Memphis, TN 38104
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  /2

  $80,000

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

  948 Pearce 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

  948 Pearce St, Memphis, TN 38107
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  /17

  $173,900

  • 2 Beds
  • 2 Baths
  • 1,068 Sq Ft

  269 Looney Ave, Memphis, TN 38107

  Conveniently located near Downtown Memphis, this move-in ready 2-bedroom, 1-bath home offers easy access to I-240, the Medical District, major employers, shopping, dining, and entertainment. Recent updates include modern fixtures and finishes throughout. Enjoy a private, fenced courtyard perfect for relaxing or entertaining, along with gated parking for added security and peace of mind. Interior

  Dawn Kinard Welch Realty, LLC

  269 Looney Ave, Memphis, TN 38107
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  /2

  $150,000

  • 3 Beds
  • 1.5 Baths
  • 1,354 Sq Ft

  4577 Bogart St, Memphis, TN 38116

  Add a performing rental to your portfolio with this 3-bedroom, 1.5-bath home offering approximately 1,355 square feet of living space. Currently leased at $1,200 per month, this property provides immediate income from day one, making it an attractive option for both seasoned and first-time investors. The home features a functional floor plan, spacious living areas, and a large lot with room to

  Garth Ward eXp Realty, LLC

  4577 Bogart St, Memphis, TN 38116
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  /14

  $209,900

  $30K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 1,730 Sq Ft

  33 N Merton St, Memphis, TN 38112

  Recently renovated and in move-in condition, this home features a fenced yard and is conveniently located just off Poplar Avenue. Enjoy a prime location in Memphis, just minutes from the University of Memphis, the medical and arts districts, the Memphis Zoo, as well as an abundance of shopping, dining, and entertainment options. Easy access to Interstate 40 makes commuting simple and convenient.

  Chris Mosby ResiAmerica Inc

  33 N Merton St, Memphis, TN 38112
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  /9

  $135,000

  • 3 Beds
  • 2 Baths
  • 1,092 Sq Ft

  818 Crockett St, Memphis, TN 38107

  Renovated 3 BD 2 bath, New HVAC, New hot water tank and most windows replaced Perfect for Investors to add an additional rental to your investment portfolio. This charming property features fresh interior paint, new flooring, updated kitchen and baths, turnkey property with great potential. Large yard and conveniently located. Don't miss out on this opportunity.

  Chastity Wamble Moss Real Estate

  818 Crockett St, Memphis, TN 38107
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  $349,999

  • 3 Beds
  • 2.5 Baths
  • 1,771 Sq Ft

  137 Fleets Island Dr, Memphis, TN 38103

  Welcome to 137 Fleets Island! This beautifully maintained 3-bedroom, 2.5-bath home is tucked away at the end of the street, offering less traffic, added privacy, and a quiet setting. Inside, enjoy granite kitchen countertops and subway tile backsplash, plus a brand-new built-in microwave (2026), refrigerator (2026), and dishwasher (2025). The interior and exterior has been completely painted. A

  Quintavius Burdette REMAX Experts

  137 Fleets Island Dr, Memphis, TN 38103
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  /4

  $12,500

  • Land
  • 20,908 Sq Ft
  • $26,042 per Acre

  3024 Sax Rd, Memphis, TN 38109

  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

  3024 Sax Rd, Memphis, TN 38109
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  /3

  $250,000

  • 6 Beds
  • 4 Baths
  • 3,323 Sq Ft

  3334 Fairbanks St, Memphis, TN 38128

  Spacious duplex investment opportunity in the Raleigh area featuring two units, each offering 3 bedrooms and 2 baths. Current scheduled monthly income is $2,600. Both units are tenant occupied — please do not disturb tenants. Great opportunity for investors looking to expand their portfolio with additional duplexes coming available soon in the area. Conveniently located near shopping, dining, and

  Debbie Nixon Crye-Leike, Inc., REALTORS

  3334 Fairbanks St, Memphis, TN 38128
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  /11

  $144,900

  • 2 Beds
  • 2 Baths
  • 1,360 Sq Ft

  4788 Bowen Ave, Memphis, TN 38122

  Great investment opportunity with consistent rental income . Currently vacant and many updates have been made. Listing agent owns property. Call Earl for an appointment or any questions.AS-IS. More pictures to be added.

  Earl Dillard Dillard Realty

  4788 Bowen Ave, Memphis, TN 38122
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  /5

  $30,000

  $20K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 864 Sq Ft

  736 Alaska St, Memphis, TN 38107

  **** GREAT INVESTMENT**** 3 BEDROOMS, 1 BATH, EAT IN KITCHEN & LIVING ROOM ****** CAUTION******* CAUTION****** ******ONE ROOM IS DAMADGED FROM FALLEN BRANCH****** **** "CASH SALE/ AS IS " **BUYER MUST REMOVE ALL ITEMS FROM HOUSE **** THE COMMUNITY IS BEING REVITALIZED. **** ***PLEASE DO ALL INSPECTIONS UP FRONT. BEFORE SENDING OFFERS. ***

  Mary Owens Crye-Leike, Inc., REALTORS

  736 Alaska St, Memphis, TN 38107
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  /2

  $12,000

  • Land
  • 1,306 Sq Ft
  • $400,000 per Acre

  891 Keel Ave, Memphis, TN 38107

  Great opportunity to build on this residential lot located at 891 Keel Ave in Memphis, TN 38107. Whether you’re a builder, investor, or future homeowner, this property offers solid potential for new construction or your next investment project. Situated with convenient access to major roadways and surrounding Memphis areas, this lot provides a great chance to bring your vision to life. With

  Jonathan Nunez Fast Track Realty, LLC

  891 Keel Ave, Memphis, TN 38107
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  $175,000

  $25K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,092 Sq Ft

  1519 S White Station Rd, Memphis, TN 38117

  Fresh 3/2 in the heart of Colonial Acres. The tenants have vacated giving you a great blank canvas to make your own. Inside, you’ll find a smooth, functional layout with 2022 flooring throughout and an updated kitchen from 2022 with good storage and easy flow to the dining and living spaces. The natural light throughout makes the home feel open and comfortable. The lot is level with mature trees

  Amanda Lott BHHS McLemore & Co., Realty

  1519 S White Station Rd, Memphis, TN 38117
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  /2

  $80,000

  • 3 Beds
  • 1 Bath
  • 1,100 Sq Ft

  2607 Barron Ave, Memphis, TN 38114

  PLEASE DO NOT DISTURB THE TENANT. Fantastic investment opportunity or addition to your rental portfolio! Built in 1932, this classic 3-bedroom, 1-bath single-family home offers 1,100 sq. ft. of comfortable living space on a generous 0.25-acre lot (50x218) in the Cherokee subdivision (Barron Heights). Featuring a highly functional 6-room, single-story layout with all 3 bedrooms on the main level,

  Curtis Bleeker KAIZEN Realty, LLC

  2607 Barron Ave, Memphis, TN 38114
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  /7

  $130,000

  $15K PRICE INCREASE

  • 3 Beds
  • 1.5 Baths
  • 1,281 Sq Ft

  2577 Achaean Ave, Memphis, TN 38127

  Wonderful investment property. If you are looking to start a portfolio or experienced investor this is the 3 bed 2 bathroom property for you. Long term tenant in place. NO SHOWING WITHOUT AN ACCEPTED CONTRACT. PROPERTY BEING SOLD AS-IS. No wholesale.

  Kevin Brown eXp Realty, LLC

  2577 Achaean Ave, Memphis, TN 38127
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  /2

  $85,000

  • 3 Beds
  • 1 Bath
  • 1,124 Sq Ft

  1724 Claire Ave, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $825 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

  1724 Claire Ave, Memphis, TN 38127
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  /7

  $60,000

  • 4 Beds
  • 1 Bath
  • 1,272 Sq Ft

  2984 Benjestown Rd, Memphis, TN 38127

  Four bedroom one bathroom home on quiet street that is being offered at a great price. Property being sold as-is, cash offers only. This home could be worth a lot of money once rehabbed. Super convenient location that is near stores, restaurants, and other amenities. Many homes in this area are being rehabbed and sold for more money. Could be a great primary residence or investment property. Home

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2984 Benjestown Rd, Memphis, TN 38127
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  /4

  $19,500

  $6K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 588 Sq Ft

  748 King Rd, Memphis, TN 38109

  Property is currently not habitable and requires a full renovation or rebuild. Situated adjacent to newly constructed homes, this property offers strong upside potential for investors, builders, or developers looking to capitalize on the area's continued growth. Ideal for a fix-and-flip, new construction, or long-term investment. Serious inquiries only.

  Terrance Hill eXp Realty, LLC

  748 King Rd, Memphis, TN 38109
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  /7

  $65,000

  • 5 Beds
  • 2 Baths
  • 2,222 Sq Ft

  1314 S Willett St, Memphis, TN 38106

  This duplex was converted in a church. It can be converted back to a duplex. Property need a new roofand additional cosmetic work. Great investment for a rental

  Sonja Hester Progressive Realty Services

  1314 S Willett St, Memphis, TN 38106
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  /8

  $62,833

  $16K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,312 Sq Ft

  3755 Cambridge Station Dr Unit N1, Memphis, TN 38115

  Package sale 3755 3bed/1.5 bath & 3760 Cambridge Station Dr. 2bed/1.5 bath. Tenant occupied in 3755, great investment opportunity or home purchase. Call agent for more information and showings.

  John Cornes CCIM Braden, Braden & Braden LLC

  3755 Cambridge Station Dr Unit N1, Memphis, TN 38115
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  /7

  $180,000

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,024 Sq Ft

  3741 Faxon Ave, Memphis, TN 38122

  Turnkey investment opportunity in the heart of Memphis. This renovated 3 bedroom 2 bathroom property at 3741 Faxon Ave is tenant occupied and currently leased at $1,445 per month through 01-01-2028, providing strong and stable cash flow from day one. The tenant has a $1,445 security deposit in place, adding an extra layer of protection for the new owner. This is a great option for investors

  Jose Adan Leal Garcia Fast Track Realty, LLC

  3741 Faxon Ave, Memphis, TN 38122
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  /18

  $230,000

  • 3 Beds
  • 2 Baths
  • 1,275 Sq Ft

  7341 Hillshire Dr, Memphis, TN 38133

  CHECK IT OUT TODAY!! This fully renovated property is completely move-in ready and filled with thoughtful updates. The home boasts fresh new exterior and interior paint, clean new blinds throughout, and charming updated landscaping that gives it immediate curb appeal. Inside, you will find bright, light-filled living spaces designed for easy everyday living and seamless entertaining. Whether you

  Jamie Green River City Land Co., LLC

  7341 Hillshire Dr, Memphis, TN 38133
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  /18

  $65,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,151 Sq Ft

  1373 Vicoscia Ave, Memphis, TN 38127

  Great Investment Home! This Beautiful brick home features 3 bedrooms, 1 full bath, with a Huge fenced in backyard.

  Marilyn Taylor Crye-Leike, Inc., REALTORS

  1373 Vicoscia Ave, Memphis, TN 38127
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  $111,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,036 Sq Ft

  603 Western Park Dr, Memphis, TN 38109

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $845 per month and is on a lease from 5/1/2025 until 4/30/2026. A renewal has been sent to the tenant, but they have not signed it yet. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

  Alex Evans Reedy & Company, REALTORS

  603 Western Park Dr, Memphis, TN 38109
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  /27

  $249,000

  • 6 Beds
  • 3,225 Sq Ft

  734 Lane Ave, Memphis, TN 38105

  Six 1/1 units with $50k annual gross income potential. Steps away from St. Jude main campus and perfectly positioned to provide housing to the staff that keep such a great mission going! 5/6 units occupied. Market rents between $550-$695. Lot's of meat on the bones to make this the star of your real estate investment portfolio. No wholesales, creative financing. Do not disturb tenants. Showings

  Gus Pacente Revid Property Management, LLC

  734 Lane Ave, Memphis, TN 38105
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  /25

  $149,900

  • 4 Beds
  • 2 Baths
  • 2,206 Sq Ft

  3381 Sunnyfield Cove, Memphis, TN 38118

  Single story brick duplex. Unit 3383 is vacant and has 2 bedrooms and one full bath. Unit 3381 is tenant occupied, leasing for 905.00 per month, leased till 02/04/2027, has 2 bedrooms and one full bath. Great investment property. There is parking for each unit on the side of the duplex - designated drive way.

  Tiffany Jones Trelora Realty

  3381 Sunnyfield Cove, Memphis, TN 38118
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  /2

  $85,000

  • 3 Beds
  • 1 Bath
  • 900 Sq Ft

  1712 Corning Ave, Memphis, TN 38127

  Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1 baths. Currently renting for $895 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

  1712 Corning Ave, Memphis, TN 38127
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  /2

  $10,000

  • Land
  • 4,791 Sq Ft
  • $90,909 per Acre

  2521 Dexter Ave, Memphis, TN 38108

  Prime Vacant Lot Opportunity in Memphis! Don’t miss this excellent opportunity to own a spacious vacant lot located at 2521 Dexter Road in the heart of Memphis, TN. This property offers the perfect setting to build your dream home or investment property in an established residential area. Zoned for single-family use, the lot provides convenient access to nearby schools, parks, shopping, and major

  Maurice Savage Sr TRG Real Estate Services, LLC

  2521 Dexter Ave, Memphis, TN 38108
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  /9

  $65,000

  $8K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 965 Sq Ft

  761 Harahan Rd, Memphis, TN 38109

  Investment Opportunity! 3-bedroom, 1-bath home offering strong rental potential and immediate income opportunity. Tenant/owner-ready with a functional layout, low-maintenance appeal, and proven rental demand. A great addition to any investment portfolio or starter rental property.

  Terrance Hill eXp Realty, LLC

  761 Harahan Rd, Memphis, TN 38109
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  /2

  $75,000

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

  784 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

  784 Looney Ave, Memphis, TN 38107
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  /5

  $4,500

  • Land
  • 9,583 Sq Ft
  • $20,455 per Acre

  244 W Davant Ave, Memphis, TN 38109

  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

  244 W Davant Ave, Memphis, TN 38109
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  /16

  $110,000

  • 2 Beds
  • 1 Bath
  • 1,241 Sq Ft

  3816 Allandale Ln, Memphis, TN 38111

  This well-maintained 2-bedroom, 1-bath property is a fantastic investment opportunity, featuring a reliable, long-term tenant who has called it home for over 10 years. The tenant is in good standing and currently pays $875 per month, offering immediate, consistent income from day one. Even better, the rent is below market value, presenting clear potential for future increases and improved

  Tracy Jefferson Crye-Leike, Inc., REALTORS

  3816 Allandale Ln, Memphis, TN 38111
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  /14

  $145,000

  $30K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,317 Sq Ft

  1664 Nelson Ave, Memphis, TN 38114

  Located in the vibrant Cooper-Young area, this charming 3-bedroom, 2-bath home sits on a corner lot directly across from a park, offering both character and convenience in one of Memphis’ most sought-after and growing communities. This home features a welcoming wrap-around porch, perfect for relaxing and enjoying the neighborhood atmosphere. Inside, you’ll find a living room, formal dining room,

  Ben Strauch Skyline Realty

  1664 Nelson Ave, Memphis, TN 38114
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  /7

  $75,000

  • 3 Beds
  • 1 Bath
  • 1,218 Sq Ft

  1823 Cedarhurst Ave, Memphis, TN 38127

  Fantastic investment opportunity in the heart of Frayser! Built in 1939, this solid 3-bedroom, 1-bath single-family home offers 1,218 sq. ft. of comfortable living space situated on a nice 50x160 lot. Featuring a functional single-story layout with all 3 bedrooms on the main level, this property makes an excellent turnkey addition to any rental portfolio. Conveniently located with quick access to

  Curtis Bleeker KAIZEN Realty, LLC

  1823 Cedarhurst Ave, Memphis, TN 38127

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