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

  (901) 617-7346

  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

  (901) 657-2311

  929 N Mcneil St, Memphis, TN 38107
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  /2

  $78,000

  $22K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  931 Carrolton Ave, Memphis, TN 38127

  Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $850/mo. Professionally managed. Lease expires on 5/14/27

  

  Caleb Hall

  Keller Williams

  (901) 445-6629

  931 Carrolton Ave, Memphis, TN 38127
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  /15

  $149,977

  $98K PRICE DROP

  • Land
  • 2.96 Acres
  • $50,668 per Acre

  5259 Stage Rd, Memphis, TN 38134

  PRIME R-10 DEVELOPMENT OPPORTUNITY2.96 Acres | 5259 Stage Road$149,977 | 6-12 Home SitesTHE NUMBERS SPEAK FOR THEMSELVESLand cost per lot: $20,625 to $41,250 depending on density (6 to 12 homes)In a market where Bartlett median home prices hit $353,900 and inventory sits at only 202 homes, can you afford to pass on land at these prices?Quick ROI scenario (10

  

  Jason Miller

  eXp Realty

  (901) 621-8540

  5259 Stage Rd, Memphis, TN 38134
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  /2

  $110,000

  $17K PRICE DROP

  • 4 Beds
  • 1 Bath
  • 1,600+ Sq Ft

  951 Joel Ave, Memphis, TN 38127

  Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $850/mo. Professionally managed. Lease expires on 4/2/27

  

  Caleb Hall

  Keller Williams

  (901) 617-7556

  951 Joel Ave, Memphis, TN 38127
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  /2

  $92,000

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  991 Joel Ave, Memphis, TN 38127

  Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $750/mo. Professionally managed. Lease expires on 4/2/27

  

  Caleb Hall

  Keller Williams

  (901) 460-9062

  991 Joel Ave, Memphis, TN 38127
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  /2

  $68,250

  $1K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 600+ Sq Ft

  3021 Sunrise St, Memphis, TN 38127

  Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Easy to show. Has been professionally managed.

  

  Caleb Hall

  Keller Williams

  (901) 660-3495

  3021 Sunrise St, Memphis, TN 38127
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  /2

  $78,000

  $28K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  894 Par Ave, Memphis, TN 38127

  Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $750/mo. Professionally managed. Lease expires on 8/31/25

  

  Caleb Hall

  Keller Williams

  (901) 660-9748

  894 Par Ave, Memphis, TN 38127
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  /2

  $370,000

  • 5 Beds
  • 3.5 Baths
  • 3,301 Sq Ft

  8905 Lindstrom Dr, Cordova, TN 38016

  Highlights: Strong cash flow – $4,000+ monthly rental income Spacious two-story brick home Multiple rentable rooms Established rental setup Great investment opportunity

  

  Bang Nguyen

  REMAX Experts

  (901) 899-1095

  8905 Lindstrom Dr, Cordova, TN 38016
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  /39

  $1,450,000

  $50K PRICE DROP

  • 10 Beds
  • 7.5 Baths
  • 6,011 Sq Ft

  309 N Mclean Blvd, Memphis, TN 38112

  McLean Manor is a beautifully renovated and fully furnished property in the heart of Midtown, offering a rare opportunity. 309 N. McLean blends modern updates with classic charm, featuring thoughtfully designed interiors, stylish finishes, and a layout ideal for comfortable living and hosting. The home has been completely updated, with attention to detail throughout, and is being sold fully

  

  Corey Steinberg

  River City Land Co., LLC

  (901) 675-7373

  309 N Mclean Blvd, Memphis, TN 38112
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  /2

  $78,000

  $23K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  942 Frayser Cir, Memphis, TN 38127

  Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $80/mo. Professionally managed. Lease expires on 4/1/27

  

  Caleb Hall

  Keller Williams

  (901) 456-7014

  942 Frayser Cir, Memphis, TN 38127
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  /2

  $76,000

  $37K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  908 Par Ave, Memphis, TN 38127

  Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $700/mo. Professionally managed. Lease expires on 5/30/25

  

  Caleb Hall

  Keller Williams

  (901) 808-8026

  908 Par Ave, Memphis, TN 38127
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  /9

  $65,000

  • 2 Beds
  • 1 Bath
  • 715 Sq Ft

  2344 Warren St, Memphis, TN 38106

  Turnkey investment opportunity in the heart of South Memphis! This renovated 3-bedroom, 1-bath home at 2344 Warren St, Memphis, TN 38106 is cash-flow ready with projected rental income of $950 per month. Priced at just $65,000, this property offers strong returns for both new and seasoned investors. Features include updated flooring, fresh paint, spacious living areas, and a large yard.

  

  Austin Hall

  Evernest Too, LLC

  (901) 640-3080

  2344 Warren St, Memphis, TN 38106
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  /30

  $449,999

  • 7 Beds
  • 3,402 Sq Ft

  1825 Castalia St, Memphis, TN 38114

  New to the market! This turnkey and fully occupied 7-unit apartment complex is a great addition to a Memphis portfolio or an excellent opportunity for an investor entering the market.Six of the seven units have been renovated within the last two years. All units are currently under long-term leases with a total monthly rent of $4,524 (meeting the 1% rule).Each unit includes air conditioning

  

  Vivian Denogean

  Fast Track Realty, LLC

  (901) 704-0468

  1825 Castalia St, Memphis, TN 38114
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  /2

  $81,000

  $26K PRICE DROP

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

  835 Restbrook Ave, Memphis, TN 38127

  Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $750/mo. Professionally managed. Lease expires on 4/1/27

  

  Caleb Hall

  Keller Williams

  (901) 883-7699

  835 Restbrook Ave, Memphis, TN 38127
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  /2

  $93,000

  $29K PRICE INCREASE

  • 3 Beds
  • 1 Bath
  • 1,200+ Sq Ft

  1033 Cindy Ln, Memphis, TN 38127

  Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $750/mo. Professionally managed. Lease expires on 10/31/25

  

  Caleb Hall

  Keller Williams

  (901) 446-4082

  1033 Cindy Ln, Memphis, TN 38127
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  /34

  $250,000

  • 4 Beds
  • 2 Baths
  • 1,988 Sq Ft

  3719 Battlefield Cove, Memphis, TN 38128

  Welcome to this beautifully refreshed 4-bedroom, 2-bathroom single-family home (approx. 1,988–2,000 sq ft), built in 1974 and situated on a spacious lot in a convenient Memphis location. Step inside to find a completely modernized interior featuring brand new flooring throughout, fresh interior paint in neutral tones, and updated light fixtures and door handles that add a contemporary touch. The

  

  Daniel Johnson

  SimpliHOM

  (901) 673-9328

  3719 Battlefield Cove, Memphis, TN 38128
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  /10

  $1,176,000

  • 4 Beds

  20 N Belvedere Blvd, Memphis, TN 38104

  Mid-Term Rental Investment Opportunity – 20-24 N. Belvedere Blvd, Memphis, TN 38104 Turnkey cash-flowing asset in the heart of Midtown Memphis! This 12-unit multifamily property is currently operating as a successful mid-term rental portfolio, generating an impressive $12,000–$14,000 per month in rental revenue. The property offers a mix of furnished units and is ideally positioned near Memphis'

  

  Austin Hall

  Evernest Too, LLC

  (901) 586-0591

  20 N Belvedere Blvd, Memphis, TN 38104
• 

  /2

  $79,000

  $25K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  918 Joel Ave, Memphis, TN 38127

  Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $750/mo. Professionally managed. Lease expires on 4/1/27

  

  Caleb Hall

  Keller Williams

  (901) 621-7520

  918 Joel Ave, Memphis, TN 38127
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  /4

  $122,900

  • 3 Beds
  • 2 Baths
  • 1,066 Sq Ft

  804 Keel Ave, Memphis, TN 38107

  Turnkey single-family rental opportunity in the growing North Memphis market! This well-maintained home at 804 Keel Ave, Memphis, TN is currently tenant occupied and generating $1,175 per month in rental income, making it an ideal cash-flow investment for both new and experienced investors. Listed at $122,900, this property offers strong rental performance with immediate income potential from day

  

  Austin Hall

  Evernest Too, LLC

  (901) 668-5033

  804 Keel Ave, Memphis, TN 38107
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  /8

  $89,000

  • 2 Beds
  • 1 Bath
  • 1,076 Sq Ft

  1487 Swift St, Memphis, TN 38109

  Renovated in 2023, this income-producing property is an excellent opportunity for investors seeking a rent-ready asset with professional management already in place. Featuring a functional floor plan with a spacious living room, separate dining area, decorative fireplace, and a dedicated laundry room, this home also offers a covered front porch and a large backyard—appealing features for

  

  Amy Woods

  Crye-Leike, Inc., REALTORS

  (901) 883-6119

  1487 Swift St, Memphis, TN 38109
• 

  /2

  $139,000

  $16K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,621 Sq Ft

  1472 E Holmes Rd, Memphis, TN 38116

  Investor Opportunity – Turnkey Rental with Long-Term Tenant Located at 1472 E Holmes Rd, Memphis, TN, this income-producing property is a solid addition to any rental portfolio. Currently generating $1,185/month in rent, this home offers immediate cash flow with a reliable tenant in place for over 10 years—a rare and valuable advantage for investors seeking stability. This property minimizes

  

  Austin Hall

  Evernest Too, LLC

  (901) 446-1177

  1472 E Holmes Rd, Memphis, TN 38116
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  /18

  $419,999

  $10K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 2,601 Sq Ft

  1413 Island Town Dr, Memphis, TN 38103

  Investment opportunity! Check out the curb appeal on this one! Welcome to this stunning home in the picturesque Riverpoint subdivision on scenic Mud Island. NEW ROOF! This absolutely adorable 3 BD + bonus, 2.5 BA property is ready to welcome you. The main level features a spacious open layout w/wood floors, 9’ ceilings, great room, & an inviting eat-in kitchen w/island bar seating, walk-in

  

  April Bryan

  Bryan Realty Group

  (901) 621-8189

  1413 Island Town Dr, Memphis, TN 38103
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  /9

  $25,000

  $13K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  2139 Lyon Ave, Memphis, TN 38108

  Fantastic Investment Opportunity In Hyde Park neighborhood! AS-IS! No wholesalers! No seller financing! Cash or Hard Money offers only! The seller is looking for offers with no inspection contingencies since the property is vacant and can be viewed anytime. Rental rates for the area are $750 - $1,100/month. VIDEO AVAILABLE UPON REQUEST!

  

  Jordan Ray

  eXp Realty, LLC

  (901) 668-8973

  2139 Lyon Ave, Memphis, TN 38108
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  /2

  $140,000

  • 4 Beds
  • 1.5 Baths
  • 1,708 Sq Ft

  2381 Hillside Ave, Memphis, TN 38127

  Move-in ready 4-bedroom, 1.5-bath home offering approximately 1,700 square feet of living space on a spacious 0.33-acre lot. This property features a functional floor plan with generously sized bedrooms and comfortable living areas, making it ideal for both homeowners and investors. The home includes a large yard with plenty of space for outdoor activities, along with convenient covered parking.

  

  Caleb Hall

  Keller Williams

  (901) 698-3192

  2381 Hillside Ave, Memphis, TN 38127
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  /3

  $9,000

  • Land
  • 4,791 Sq Ft
  • $81,818 per Acre

  2212 Marble Ave, Memphis, TN 38108

  Builders/Investors this one is for YOU!!! Prime vacant corner lot located at 2212 Marble Ave. Suitable for new construction or investment. This lot is located in an established neighborhood with easy access to schools, shopping, and major roadways. Don't miss this opportunity to build in a thriving community

  

  Nicole Sykes

  The Home Partners Realty

  (901) 673-8707

  2212 Marble Ave, Memphis, TN 38108
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  /2

  $100,000

  $20K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,200+ Sq Ft

  1060 Forrest Ave, Memphis, TN 38105

  Great investment opportunity-Investors this is one for the books! Located Downtown and minutes from the Medical District. As-Is Sale. Bring all offers!

  

  Tammy Taylor

  KAIZEN Realty, LLC

  (901) 660-5421

  1060 Forrest Ave, Memphis, TN 38105
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  /2

  $114,000

  $4K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,200+ Sq Ft

  828 Floyd Ave, Memphis, TN 38127

  Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $875/mo. Professionally managed. Lease expires on 4/1/2027.

  

  Caleb Hall

  Keller Williams

  (901) 902-5053

  828 Floyd Ave, Memphis, TN 38127
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  /2

  $104,990

  $20K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,005 Sq Ft

  916 Carrolton Ave, Memphis, TN 38127

  Do not disturb tenant! Home currently under two year lease. Perfect investment property with solid tenant!

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 445-8464

  916 Carrolton Ave, Memphis, TN 38127
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  /39

  $225,000

  • 2 Beds
  • 2 Baths
  • 1,544 Sq Ft

  2040 Courtland Place, Memphis, TN 38104

  Welcome to 2040 Courtland Place, a meticulously maintained duplex nestled on a quiet street in the highly sought-after Idlewild Historic District. Offering flexibility, charm, and an unbeatable location, each side features a 1-bed, 1-bath layout, creating the perfect opportunity to live in one unit while generating rental income from the other, or easily convert the property into a single-family

  

  Zachary Churchey

  Churchey Realty

  (901) 665-0540

  2040 Courtland Place, Memphis, TN 38104
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  /2

  $74,000

  $4K PRICE DROP

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

  607 Burlington Cir, Memphis, TN 38127

  Buyer failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $800/mo. Professionally managed. Lease expires on 7/31/2026

  

  Caleb Hall

  Keller Williams

  (901) 675-6680

  607 Burlington Cir, Memphis, TN 38127
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  /19

  $149,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,404 Sq Ft

  4253 Cottonwood Rd, Memphis, TN 38118

  Great opportunity for homeowners or investors! This vacant property is move-in ready and offers strong potential as a primary residence or rental investment. Conveniently located with easy access to shopping, dining, and major roadways. Whether you’re looking for your next home or a property to add to your portfolio, this one is worth a look. Schedule your showing today!

  

  Blake Clothier

  Premier Realty Group, LLC

  (901) 899-6659

  4253 Cottonwood Rd, Memphis, TN 38118
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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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  /47

  $305,000

  • 2 Beds
  • 2 Baths
  • 2,220 Sq Ft

  1620 S Raymar Cove, Cordova, TN 38016

  Welcome to 1620 South Ryamar Cove, located in the desirable Dexter Way 55+ gated community in Shelby County, Tennessee. This well-maintained 1.5-story home offers approximately 2,220 square feet of comfortable, low-maintenance living.The thoughtfully designed floor plan features two bedrooms and two full bathrooms, with both bedrooms conveniently located on the main level. You'll find

  Smalltown Estate Smalltown Hunting Properties & Real Estate

  1620 S Raymar Cove, Cordova, TN 38016
• 

  /2

  $34,500

  • 3 Beds
  • 1 Bath
  • 1,353 Sq Ft

  1509 Preston St, Memphis, TN 38106

  This vacant property is ready for a new owner and a full overhaul. This is a great investment opportunity in a prime area for growth. Previously rented long term for $600/mo, this property is ready for a new owner to realize it's full potential. Call for a private showing!

  Joshua Cooper Sowell, Realtors

  1509 Preston St, Memphis, TN 38106
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  /34

  $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
• 

  

  /40

  $152,000

  • 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
• 

  /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
• 

  

  /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
• 

  

  /8

  $115,000

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

  404 Stoneham Rd, Memphis, TN 38109

  This property is leased at $1,050 per month ($12,600 annually) through 02/28/2027, with a cash-on-cash return of 5.50% and a monthly cash flow of $156.83. "All investment figures are estimates and verified independently by buyer." Investor-ready opportunity in a stable Memphis rental market. This well-maintained home features a functional layout with comfortable living areas, durable finishes,

  James Wachob Foundation Property Management

  404 Stoneham Rd, Memphis, TN 38109

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