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Investment - Homes for Sale in Memphis, TN

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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
  • /33

    $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
  • /13

    $99,900

    $3K PRICE DROP
    • 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
  • /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
  • /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
  • /13

    $173,000

    $2K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,841 Sq Ft

    1096 Gordon St, Memphis, TN 38122

    PRIME INVESTMENT PACKAGE DEAL: Three income-producing properties (1004-1006 Highland Ave, 1096-1098 Gordon Ave, and 540-542Berclair RD) for 520,000. Generating $5700 monthly with long-term tenants already in place, offering immediate cash flow and steady returns. Ideal for investors, SOLD AS A PACKAGE ONLY.

    Elizabeth Castillo BEST Real Estate Company

    1096 Gordon St, Memphis, TN 38122
  • /14

    $179,900

    • 8 Beds
    • 2,480 Sq Ft

    1431 Latham St, Memphis, TN 38106

    Property being sold as is - where is. Great investment opportunity on this all brick 4 unit apartment building. All units are 2 bedroom 1 bath units. Some units have wood floors, vinyl floors or concrete floors. All units have the same floor plan. Building offers parking in the rear!

    Matt Wood Chamberwood Realty Group

    1431 Latham St, Memphis, TN 38106
  • /2

    $7,650

    $3K PRICE DROP
    • Land
    • 5,227 Sq Ft
    • $63,750 per Acre

    749 Bullington Ave, Memphis, TN 38106

    Portfolio List Price: $185,000 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

    Austin Rowe Onward Real Estate

    749 Bullington Ave, Memphis, TN 38106
  • /2

    $130,000

    $15K PRICE DROP
    • 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
  • /3

    $10,000

    • Land
    • 3,484 Sq Ft
    • $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
  • /8

    $79,000

    • 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. 3bed/1.5bath Call agent for more information and showings.

    John Cornes Braden, Braden & Braden LLC

    3755 Cambridge Station Dr Unit N1, Memphis, TN 38115
  • /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
  • /6

    $200,000

    $15K PRICE DROP
    • 4 Beds
    • 1 Bath
    • 1,537 Sq Ft

    2553 Snowden Ave, Memphis, TN 38112

    Residential lot located in Memphis with convenient access to schools, shopping, dining, and major roadways. Great opportunity for new construction or investment purposes.

    Jonathan Minerick homecoin.com

    2553 Snowden Ave, Memphis, TN 38112
  • /18

    $70,000

    • 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
  • /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
  • /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
  • /2

    $99,000

    $5K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,027 Sq Ft

    3244 Baskin St, Memphis, TN 38127

    This property is leased at $900 per month ($10,800 annually) through 04/16/2028, with a cash-on-cash return of 3.96% and a monthly cash flow of $103.16. "All investment figures are estimates and verified independently by buyer." Investor-ready opportunity in a consistent Memphis rental corridor. This well-kept home features a functional layout with comfortable living spaces, durable finishes, and

    James Wachob Foundation Property Management

    3244 Baskin St, Memphis, TN 38127
  • /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. Multiple properties available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied AND have value add upside. Many of these homes have had

    William Haynes Crye-Leike, Inc., REALTORS

    3270 Abbottsford Ave, Memphis, TN 38128
  • /2

    $7,650

    $3K PRICE DROP
    • Land
    • 7,405 Sq Ft
    • $45,000 per Acre

    0 E Alston Ave, Memphis, TN 38126

    Portfolio List Price: $185,000 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

    Austin Rowe Onward Real Estate

    0 E Alston Ave, Memphis, TN 38126
  • /3

    $8,200

    • Land
    • 13,939 Sq Ft
    • $25,625 per Acre

    186 E Biscayne Rd, Memphis, TN 38109

    Vacant lot located within the city limits. Great opportunity for future development or investment. Buyer to verify all pertinent information.

    Crystal Mitchell Renshaw Company, REALTORS

    186 E Biscayne Rd, Memphis, TN 38109
  • /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
  • /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
  • /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 Regency Realty, LLC

    3816 Allandale Ln, Memphis, TN 38111
  • /14

    $164,900

    $10K 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
  • /40

    $190,000

    $10K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,594 Sq Ft

    3588 Bowen Ave, Memphis, TN 38122

    Welcome to this charming, fully renovated duplex offering exceptional flexibility and investment potential. Each side features 2 spacious bedrooms and 1 beautifully updated bathroom, creating comfortable and modern living spaces throughout. Live comfortably in one unit while generating rental income from the other, or lease both sides to maximize your return. Don't miss your chance to own a

    Karla Fayne Keller Williams

    3588 Bowen Ave, Memphis, TN 38122
  • /30

    $324,900

    $25K PRICE DROP
    • 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
  • /2

    $80,000

    $15K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 718 Sq Ft

    346 Modder Ave, Memphis, TN 38109

    Investor Special! Excellent investment opportunity in Memphis, TN featuring six 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,

    Bridget Jordan Epique Realty

    346 Modder Ave, Memphis, TN 38109
  • /10

    $95,000

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

    2512 Kenner Ave, Memphis, TN 38114

    PRICE JUST REDUCED!! 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

    Jeremy Veldman KAIZEN Realty, LLC

    2512 Kenner Ave, Memphis, TN 38114
  • /12

    $115,000

    $15K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,292 Sq Ft

    3471 Gowan Dr, Memphis, TN 38127

    This property is leased at $1,100 per month ($13,200 annually) through 02/19/2027., with a cash-on-cash return of 6.00% and a monthly cash flow of $174.02. "All investment figures are estimates and verified independently by buyer." Investor-friendly single-family opportunity in a stable Memphis market location, offering strong rental appeal and long-term upside. The home features a practical

    James Wachob Foundation Property Management

    3471 Gowan Dr, Memphis, TN 38127
  • /7

    $125,000

    $44K PRICE DROP
    • Land
    • 7.1 Acres
    • $17,606 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
  • /2

    $7,650

    $3K PRICE DROP
    • Land
    • 3,484 Sq Ft
    • $95,625 per Acre

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

    Portfolio List Price: $185,000 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

    Austin Rowe Onward Real Estate

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

    $7,650

    $3K PRICE DROP
    • Land
    • 3,484 Sq Ft
    • $95,625 per Acre

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

    Portfolio List Price: $185,000 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

    Austin Rowe Onward Real Estate

    1102 S Orleans St Unit S PT 7, Memphis, TN 38126
  • /21

    $167,000

    • 3 Beds
    • 1 Bath
    • 942 Sq Ft

    1563 Marcia Rd, Memphis, TN 38117

    Welcome to Colonial Acres! This 3-bedroom, 1-bath home offers a great opportunity in one of East Memphis' most established neighborhoods. Original hardwood floors add character and charm, while the functional layout makes the most of the home's space. Situated on a large lot, there's plenty of room to enjoy the outdoors, garden, or create your ideal backyard retreat. A covered carport provides

    Wendy Fortner eXp Realty

    1563 Marcia Rd, Memphis, TN 38117
  • /2

    $7,650

    $3K PRICE DROP
    • Land
    • 3,484 Sq Ft
    • $95,625 per Acre

    707 S Lauderdale St, Memphis, TN 38126

    Portfolio List Price: $185,000 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

    Austin Rowe Onward Real Estate

    707 S Lauderdale St, Memphis, TN 38126
  • /17

    $127,900

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

    752 Castle St, Memphis, TN 38107

    Recently renovated 3 bedroom, 2 full bathroom home priced affordably and move-in ready! Updates include all new flooring, insulation, exterior improvements, and a beautifully renovated kitchen featuring new countertops, cabinets, and flooring. Both full bathrooms have been updated, including a private primary bathroom. Roof is only 2 years old and the home features central gas heat. Whether

    Tyler Bowman Weichert, REALTORS-BenchMark

    752 Castle St, Memphis, TN 38107
  • /2

    $90,000

    • 2 Beds
    • 1 Bath
    • 1,197 Sq Ft

    1584 Carpenter St, Memphis, TN 38108

    Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1 baths. Currently renting for $1,450 per month. so as not to disturb tenants inspection scheduled after an accepted offer.

    Harry Samuels Pinnacle Realty

    1584 Carpenter St, Memphis, TN 38108
  • /40

    $510,000

    $15K PRICE DROP
    • 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
  • /10

    $80,000

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

    675 Miles Dr, Memphis, TN 38111

    OWNER FINANCING AVAILABLE! 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
  • /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, 4973 Longtree, and 80 E. Bodley (Can

    Tyler Tapley Crye-Leike, Inc., REALTORS

    4395 Ann Arbor Ln, Memphis, TN 38128
  • /17

    $125,000

    • 3 Beds
    • 1.5 Baths
    • 1,689 Sq Ft

    3642 Gillie St, Memphis, TN 38127

    Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $1100 per month and is on a lease from 1/02/2026 until 7/1/2027. 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

    3642 Gillie St, Memphis, TN 38127

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