Investment - Homes for Sale in Memphis, TN

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  $125,000

  • 2 Beds
  • 1.5 Baths
  • 1,703 Sq Ft

  2202 Central Ave, Memphis, TN 38104

  Great Midtown Memphis Investment Opportunity! Seller says "Sell it!"

  Lance Walker Walker Auctions

  2202 Central Ave, Memphis, TN 38104
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  /14

  $175,000 New Construction

  • 4 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  3703 Parfet Cove, Memphis, TN 38128

  MHA RENT $1650-$1750 per month- Great Investment!- Brand new 4BR 2Bath with Carport- Maintenance free siding- LVT floors- Full 1 Year Builder Warranty. House currently under construction, to be completed in 90 days. Photos are of finished home- same building and floor plan. Photos to be updated upon completion. Accepting early preconstruction offers. No Wholesalers or owner financed offers.

  Brett Bernard The Stamps Real Estate Company

  3703 Parfet Cove, Memphis, TN 38128
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  /12

  $63,750

  • 3 Beds
  • 1 Bath
  • 1,134 Sq Ft

  2025 Clarksdale Ave, Memphis, TN 38108

  Opportunity knocks! This 3-bedroom, 1-bath gem is nestled in a neighborhood undergoing exciting revitalization, making it a smart buy for homeowners and investors alike. Most renovations are already complete, offering a fresh and inviting interior while leaving room for your personal touch. This home is being sold as-is and priced for a quick sale. Whether you're looking to settle in a growing

  Cassandra Bell-Warren 4 Success Realty, LLC

  2025 Clarksdale Ave, Memphis, TN 38108
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  /2

  $85,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  2764 Burns Ave, Memphis, TN 38114

  Investment opportunity. Seller is liquidating her portfolio. Tenant occupied. Please do not disturb tenants. All appts will be made thru the agent. 2 bdrm & 1 Bthrm home with lots of potential. Long term Tenant has been paying $600. a month. She's also selling 2768 Burns Ave. & 2481 Kimball Ave. She will possible offer a package deal. Please call me for more details.

  Francyetta Seward C21 Patterson & Assoc. Real Es

  2764 Burns Ave, Memphis, TN 38114
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  /2

  $50,000

  • 3 Beds
  • 1 Bath
  • 864 Sq Ft

  736 Alaska St, Memphis, TN 38107

  **** GREAT INVESTMENT**** 3 BEDROOMS, 1 BATH, EAT IN KITCHEN & LIVING ROOM LOT SIZE: 46X96 (NICE SIZE LOT)

  Mary Owens Crye-Leike, Inc., REALTORS

  736 Alaska St, Memphis, TN 38107
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  /2

  $10,000

  • Land
  • 0.29 Acre
  • $34,483 per Acre

  71 E Geeter Rd, Memphis, TN 38109

  Great lot for development or investment located in a residential area.

  Kelbert Fagan Crye-Leike, Inc., REALTORS

  71 E Geeter Rd, Memphis, TN 38109
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  /3

  $134,900

  • 3 Beds
  • 2 Baths
  • 1,562 Sq Ft

  3956 Argonne St, Memphis, TN 38127

  Fantastic investment opportunity in the Shelby area. This 3br/2 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $1,280/month. The lease ends on 05/31/26. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3956 Argonne St, Memphis, TN 38127
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  /31

  $180,000

  • 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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  /13

  $99,900

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  2705 Mcmurray St, Memphis, TN 38118

  Terrific investment opportunity. Tenant occupied, cash flowing and professionally managed home. Currently rented for $955/mo with a $925 deposit on file. Lease expires 05/31/26. Do not approach or disturb tenant, no showings without an accepted offer. No wholesale, assignment, seller finance or creative finance. ONLINE VIDEO AVAILABLE UPON REQUEST. Seller also selling: 3243 13 Colony #2B.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2705 Mcmurray St, Memphis, TN 38118
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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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  /2

  $75,000

  • 3 Beds
  • 1 Bath
  • 1,299 Sq Ft

  1398 Leflore Place, Memphis, TN 38106

  This three-bedroom home is a strong investment opportunity offering reliable monthly rental income of $750. The property is tenant-occupied and already cash flowing, providing immediate returns for the new owner. With a practical layout and consistent rental history, this home is well positioned as a low-maintenance addition to any portfolio. Ideal for both first-time and seasoned investors, this

  Terrance Hill eXp Realty, LLC

  1398 Leflore Place, Memphis, TN 38106
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  /2

  $10,000

  • Land
  • 0.12 Acre
  • $83,333 per Acre

  749 Bullington Ave, 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 in areas experiencing continued revitalization and strong rental demand. Portfolio includes the following

  Austin Rowe Onward Real Estate

  749 Bullington Ave, Memphis, TN 38106
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  /2

  $130,000

  • 3 Beds
  • 1 Bath
  • 962 Sq Ft

  1236 Darlow St, Memphis, TN 38122

  Charming 3 bed 1 bath home in 38122. Features a bright living area, functional kitchen, and spacious bedrooms. Large yard perfect for outdoor living. Conveniently located near shopping, dining, schools, and major roads. Great starter or investment property. Currently occupied on a month to month lease, do not disturb tenants. Offers must be submitted before any showings.

  Cesar Lara Fast Track Realty, LLC

  1236 Darlow St, Memphis, TN 38122
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  /30

  $1,050,000

  • 34 Beds

  3250 Guernsey Ave, Memphis, TN 38112

  Excellent investment opportunity! Pictures taken over the last year. Some units still need work/rehab. Each unit is metered. Roof is less than three years old. Some units have two year old water heaters. Renovation in 2022/2023/2025. MHA contracts in hand.

  Frank Colvett REMAX Experts

  3250 Guernsey Ave, Memphis, TN 38112
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  /3

  $10,000

  • Land
  • 0.08 Acre
  • $125,000 per Acre

  1329 Michigan St, Memphis, TN 38106

  Prime opportunity to build in an established South Memphis neighborhood! This vacant residential lot offers a great opportunity for builders, investors, or future homeowners looking to create something new. Conveniently located with easy access to major roadways, schools, and local amenities. Utilities available in the area (buyer to verify). Whether you're planning a primary residence or

  Donnie Morrow eXp Realty, LLC

  1329 Michigan St, Memphis, TN 38106
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  $120,000

  • 3 Beds
  • 1 Bath
  • 1,285 Sq Ft

  2310 Theda Ave, Memphis, TN 38127

  ***PRICE CORRECTION*** Great addition to your investment portfolio. Three bedroom, one bath with an additional room that could potentially be used as a 4th bedroom. Large master suite with walk in closet. Large covered back patio. Covered parking in front. Substantially remodeled since 2023 including bathroom, kitchen cabinets and countertops, interior paint, doors, window latches and drain line.

  William Haynes Crye-Leike, Inc., REALTORS

  2310 Theda Ave, Memphis, TN 38127
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  /7

  $189,900

  • 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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  /10

  $134,900

  • 3 Beds
  • 1 Bath
  • 1,056 Sq Ft

  2272 Hubbard Ave, Memphis, TN 38108

  Beautifully and Fully renovated!!! Nothing to do but move in or add to your investment portfolio! New roof. New kitchen. New baths. Fresh Paint inside & out. New windows. New HVAC system. New flooring throughout. New lighting. Schedule your appointment today!

  LaJuana Miller KAIZEN Realty, LLC

  2272 Hubbard Ave, Memphis, TN 38108
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  /2

  $84,900

  • 4 Beds
  • 2 Baths
  • 1,425 Sq Ft

  698 E Mclemore Ave, Memphis, TN 38106

  Fantastic investment opportunity in the Shelby area. This 4br/2 bath Duplex is in the 38106 area. With a monthly rental amount of $370 & $615/month. MTM and other unit lease ends on 2/28/26. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  698 E Mclemore Ave, Memphis, TN 38106
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  /9

  $116,000

  • 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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  /11

  $120,000

  • 3 Beds
  • 2.5 Baths
  • 1,479 Sq Ft

  4639 Addington Dr, Memphis, TN 38128

  Investors only! Wonderful opportunity to buy this 3 bedroom 2.5 bathroom home in Raleigh area. Home has a nice floor plan with large den, plus primary bedroom & private bathroom downstairs and 2 large bedrooms upstairs. ONLINE VIDEO AVAILABLE UPON REQUEST. Cash or hard money offers only. No wholesalers, no assignments, no blind offers. Please do all inspections up front. This property is being

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4639 Addington Dr, Memphis, TN 38128
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  /2

  $10,000

  • Land
  • 0.11 Acre
  • $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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  /2

  $89,000

  • 3 Beds
  • 1 Bath
  • 926 Sq Ft

  3270 Abbottsford Ave, Memphis, TN 38128

  Incredible investment opportunity available with tremendous cash flow and huge potential upside! This home is rented for $875/mo with a market rent of $1200. Tenant in place since 2020. 21 property package available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied. Many of these homes have had significant rehab done in the

  William Haynes Crye-Leike, Inc., REALTORS

  3270 Abbottsford Ave, Memphis, TN 38128
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  /2

  $10,000

  • Land
  • 0.17 Acre
  • $58,824 per Acre

  0 E Alston Ave, 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 in areas experiencing continued revitalization and strong rental demand. Portfolio includes the following

  Austin Rowe Onward Real Estate

  0 E Alston Ave, Memphis, TN 38126
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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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  /30

  $339,000

  • 4 Beds
  • 2 Baths
  • 1,926 Sq Ft

  1023 Forrest Ave, Memphis, TN 38105

  Come see this TURN KEY READY-Fully renovated 4-bedroom, 2-bath home located between Uptown and Crosstown. This adorable home has been used as a profitable Short term rental. The renovations includes all-new plumbing, electrical, HVAC systems, water heater, roof, windows, and flooring throughout. Interior features granite countertops, new kitchen appliances(that convey),washer and dryer, updated

  Mallory Salemi Epique Realty

  1023 Forrest Ave, Memphis, TN 38105
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  /2

  $90,000

  • 2 Beds
  • 1 Bath
  • 718 Sq Ft

  346 Modder Ave, Memphis, TN 38109

  Excellent investment opportunity in Memphis, TN featuring three single-family homes being offered individually or as a portfolio. Properties are being listed separately but may be purchased together as an investment package. 346 Modder Ave – Currently tenant-occupied, providing immediate cash flow. 132 Majuba St – Currently vacant and will require some repairs prior to occupancy, offering

  Bridget Jordan Epique Realty

  346 Modder Ave, Memphis, TN 38109
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  /10

  $105,000

  • 3 Beds
  • 1 Bath
  • 967 Sq Ft

  2512 Kenner Ave, Memphis, TN 38114

  GREAT INVESTMENT OPPORTUNITY! This 3 bedroom, 1 bathroom brick home is rented for $1,000/month, to a stable long-term tenant who has occupied the house for 5 years. Lease is good until 5/31/2026. Home was totally refurbished in 2020 and an annual inspection was completed in August 2025 (report available upon request). Another opportunity to add a stable cash flowing asset to your portfolio!

  Jeremy Veldman KAIZEN Realty, LLC

  2512 Kenner Ave, Memphis, TN 38114
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  /30

  $117,500

  • 3 Beds
  • 2 Baths
  • 996 Sq Ft

  3084 Pershing Ave, Memphis, TN 38112

  Beautifully renovated 3 bed, 2 full bath turn-key home featuring a spacious laundry room and large driveway with ample parking. Extra-large backyard perfect for entertaining or pets. Prime central location just minutes to the University of Memphis, Memphis Zoo, and Memphis International Airport. Completely renovated in 2021 and freshly updated again in 2026 for peace of mind. Ideal primary

  Daniel Demers Sell Your Home Services, LLC

  3084 Pershing Ave, Memphis, TN 38112
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  /13

  $50,000

  • 2 Beds
  • 1 Bath
  • 870 Sq Ft

  755 Whitney Ave, Memphis, TN 38127

  Great investment opportunity!! Updated bathroom, low taxes. Property is tenant occupied and income producing, $695 monthly, lease ends 10/31/2026. No showings without accepted offer. No wholesalers, no seller financing available. Do not disturb tenant! Fantastic addition to your portfolio!

  LaJuana Miller KAIZEN Realty, LLC

  755 Whitney Ave, Memphis, TN 38127
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  /7

  $159,000

  • Land
  • 7.1 Acres
  • $22,394 per Acre

  0 S Third Unit 8, Memphis, TN 38109

  Located along iconic S Third St/US-61, also known as historic Blues Highway, this 7.1-acre tract presents a rare opportunity to secure a highly visible, well-positioned piece of land in one of Memphis’s most recognizable corridors. With approximately 353 feet of frontage along S Third St and about 1,137 feet of frontage on Westview Rd, the property offers outstanding access, strong street

  Elijah King Coldwell Banker Commercial Kinard Realty

  0 S Third Unit 8, Memphis, TN 38109
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  /2

  $9,000

  • Land
  • 0.08 Acre
  • $112,500 per Acre

  0 S Lauderdale St Unit S PT 7, Memphis, TN 38103

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

  Austin Rowe Onward Real Estate

  0 S Lauderdale St Unit S PT 7, Memphis, TN 38103
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  /2

  $10,000

  • Land
  • 0.08 Acre
  • $125,000 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 in areas experiencing continued revitalization and strong rental demand. Portfolio includes the following

  Austin Rowe Onward Real Estate

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

  $9,000

  • Land
  • 0.08 Acre
  • $112,500 per Acre

  707 S Lauderdale St, 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 in areas experiencing continued revitalization and strong rental demand. Portfolio includes the following

  Austin Rowe Onward Real Estate

  707 S Lauderdale St, Memphis, TN 38126
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  /2

  $35,000

  • Land
  • 0.43 Acre
  • $81,395 per Acre

  1097 W Raines Rd, Memphis, TN 38109

  Prime Vacant Lot in Southwest Memphis! Discover an excellent opportunity to build in a well-established residential area of Memphis. Located on W Raines Road, this vacant lot offers great visibility, convenient access, and a versatile layout suitable for your next home, rental property, or long-term investment. This level, buildable parcel features road frontage on a paved street, with nearby

  Darnell McCurdy Crye-Leike, Inc., REALTORS

  1097 W Raines Rd, Memphis, TN 38109
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  /40

  $520,000

  • 4 Beds
  • 2.5 Baths
  • 2,770 Sq Ft

  400 E Pontotoc Ave, Memphis, TN 38126

  Welcome to 400 E Pontotoc Ave a beautifully positioned property offering exceptional flexibility for both homeowners and investors alike. This residence blends charm, functionality, and opportunity, making it ideal as a primary home, long-term rental, or investment asset. Thoughtfully designed living spaces provide comfort and ease, while the property’s layout supports multiple lifestyle or

  Channing Shaw Emmett Baird Realty, LLC

  400 E Pontotoc Ave, Memphis, TN 38126
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  /9

  $80,000

  • 2 Beds
  • 1.5 Baths
  • 1,054 Sq Ft

  675 Miles Dr, Memphis, TN 38111

  Great Investment Opportunity! Gated Community! 2 Bedroom Townhouse. Common Laundry Room. Two Blocks from the University of Memphis. 1 Block from The Highland Strip with Food, Bars and Shopping. Cosmetic work needed, but a Steal at this price. Sold "as is". Other properties available. Could be sold as a package deal.

  Danny Lipsey Keller Williams

  675 Miles Dr, Memphis, TN 38111
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  /2

  $75,000

  • 4 Beds
  • 2 Baths
  • 1,597 Sq Ft

  1345 Gold Ave, Memphis, TN 38106

  Outstanding opportunity for investors seeking a property that is already cash flowing with a tenant in place. Currently leased at $1,100 per month, this home provides immediate income and stability from day one. The property is, making it well positioned for consistent returns. With professional management available if needed, this is a true turnkey investment that allows for a smooth and

  Terrance Hill eXp Realty, LLC

  1345 Gold Ave, Memphis, TN 38106
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  /3

  $170,000

  • 3 Beds
  • 2 Baths
  • 1,720 Sq Ft

  4395 Ann Arbor Ln, Memphis, TN 38128

  INVESTERS ONLY! Tenant occupied 3 bed 2 bath home. Rent is $1000/mo. Professionally managed. This is a great investment property to add to any portfolio. Lease and ledger available upon request. No Creative or Owner Financed Offers. No Wholesale or Assignment. No sign in the yard. Please do not disturb or approach the tenant. Seller also selling 599 Blackhawk, 4394 Janssen, 4973 Longtree, 4395

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4395 Ann Arbor Ln, Memphis, TN 38128
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  /2

  $170,000

  • 4 Beds
  • 2 Baths
  • 1,405 Sq Ft

  3540 Marion Ave, Memphis, TN 38111

  Incredible investment opportunity available with tremendous cash flow and huge potential upside! Property is currently rented for $1375/mo. 21 property package available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied. Many of these homes have had significant rehab done in the past few years. This could be an amazing

  William Haynes Crye-Leike, Inc., REALTORS

  3540 Marion Ave, Memphis, TN 38111

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