Investment - Homes for Sale in Memphis, TN

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  /27

  $89,900

  • 3 Beds
  • 1 Bath
  • 1,039 Sq Ft

  2792 Jolson Ave, Memphis, TN 38114

  Nice home that would be a great primary residence or investment property! Seller is offering $5000 in closing cost assistance with acceptable offer. Home has central heating and air with fresh interior paint, solid surface, durable flooring. Nice floor plan with 3 bedrooms and a big backyard. FHA/VA/ Conventional offers welcome. Many homes in this area have been remodeled and sold for more money.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2792 Jolson Ave, Memphis, TN 38114
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  /40

  $175,000

  $25K 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
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  /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
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  /16

  $499,000

  $76K PRICE DROP

  • 6 Beds
  • 6 Baths
  • 3,147 Sq Ft

  82 N Rembert St, Memphis, TN 38104

  Turnkey investment opportunity! Built in 2022, this well-maintained duplex is ready to generate income from day one. Each unit features 3 bedrooms, 2.5 baths, a spacious open-concept living and dining area, a separate breakfast room, and modern finishes throughout. Tenants will appreciate the gated driveway leading to covered parking, with two dedicated spaces per unit. One unit is currently

  Jennifer Williams Hobson, REALTORS

  82 N Rembert St, Memphis, TN 38104
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  /2

  $120,000

  • 4 Beds
  • 1.5 Baths
  • 1,149 Sq Ft

  2757 Lake Park Rd, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $1,400 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

  2757 Lake Park Rd, Memphis, TN 38127
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  /19

  $49,900

  $10K PRICE DROP

  • 2 Beds
  • 2.5 Baths
  • 1,431 Sq Ft

  5583 Gates Cove Unit 44, Memphis, TN 38115

  Nice 2 bedroom 2.5 bathroom condo in Fox Meadows area that is priced to sell! THIS PROPERTY COULD EASILY BE CONVERTED TO A 3 BEDROOM! ONLINE VIDEO AVAILABLE UPON REQUEST. This property has several nice features including an OPEN FLOOR PLAN (Perfect for entertaining), covered parking, durable vinyl plank flooring, nice light fixtures, tile backsplash in kitchen, fenced backyard, etc. Current

  Tyler Tapley Crye-Leike, Inc., REALTORS

  5583 Gates Cove Unit 44, Memphis, TN 38115
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  /12

  $85,000

  $45K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,292 Sq Ft

  3471 Gowan Dr, Memphis, TN 38127

  Currently leased at $1,100 per month through 02/19/2027. Well-maintained 3-bedroom, 2-bath home offering 1,292 sq. ft. of functional living space. Features include hard-surface flooring, spacious living and dining areas, a kitchen with shaker-style cabinetry, central heat and air, and a 2-car garage. The large fenced backyard provides added outdoor space, while recent improvements contribute to

  James Wachob Foundation Property Management

  3471 Gowan Dr, Memphis, TN 38127
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  /7

  $114,000

  $55K PRICE DROP

  • Land
  • 7.1 Acres
  • $16,056 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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  /7

  $129,000

  • 4 Beds
  • 2 Baths
  • 1,368 Sq Ft

  3571 Daggett Rd, Memphis, TN 38109

  Welcome to this renovated 4-bedroom, 2-bathroom home featuring updates completed in 2025. The property is currently tenant occupied with a lease extending through September 2026 at $1,580/month. Buyers are encouraged to conduct their own due diligence regarding rental income, expenses, and investment considerations.

  Tiffany Jones Trelora Realty

  3571 Daggett Rd, Memphis, TN 38109
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  /10

  $129,900

  • 3 Beds
  • 1.5 Baths
  • 1,142 Sq Ft

  4848 Neely Rd, Memphis, TN 38109

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $1,275 per month and is on a lease from 12/01/2020 - 06/30/2027. 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

  4848 Neely Rd, Memphis, TN 38109
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  /2

  $87,500

  • 3 Beds
  • 1.5 Baths
  • 1,158 Sq Ft

  3620 Brookmeade St, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $800 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

  3620 Brookmeade St, Memphis, TN 38127
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  /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
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  /2

  $109,900

  • 3 Beds
  • 1 Bath
  • 918 Sq Ft

  2877 Brewer Ave, Memphis, TN 38114

  Expand your investment portfolio with this excellent rental opportunity. Situated in a desirable rental market, this property offers convenient access to shopping, dining, major employers, and other local amenities. Please note that wholesale offers and contract assignments will not be considered.

  Dean Harris CrestCore Realty MphsBrokerage

  2877 Brewer Ave, Memphis, TN 38114
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  /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
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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, 4973 Longtree, and 80 E. Bodley (Can

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4395 Ann Arbor Ln, Memphis, TN 38128
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  /2

  $60,000

  • 3 Beds
  • 1 Bath
  • 1,001 Sq Ft

  759 Brandywine Blvd, Memphis, TN 38127

  Great opportunity to own a solid 3-bedroom, 1-bath investment property. Perfect for rental income or a fix-and-flip project. Features include a spacious layout, potential for upgrades, and a strong rental market nearby. Don’t miss out on this promising investment. Please include proof of funds.

  Lakesha Lilly Leatherwood The Home Partners Realty

  759 Brandywine Blvd, Memphis, TN 38127
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  /2

  $200,200

  • 4 Beds
  • 4 Baths
  • 2,699 Sq Ft

  3614 Tchulahoma Rd, Memphis, TN 38118

  Great investment opportunity with this spacious 4 bedroom property featuring 2 full baths and 2 half baths, thoughtfully divided with 2 bedrooms and 1.5 baths on each side. Ideal layout for tenants, offering functional and comfortable living spaces. Property is professionally managed, providing a seamless experience for investors. Being sold with tenants in place. Showings will be scheduled after

  Camela Henke Enterprise, REALTORS

  3614 Tchulahoma Rd, Memphis, TN 38118
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  /2

  $40,000

  • Land
  • 4,791 Sq Ft
  • $363,636 per Acre

  52 Angelus St, Memphis, TN 38104

  Incredible opportunity to own two adjoining lots in the heart of Midtown — 46 and 52 Angelus St. These properties are surrounded by new construction and located next door to a stunning modern condo building. The area continues to grow rapidly, making this a perfect location for your next development project or investment. Centrally located and just minutes from dining, shopping, and entertainment

  Crystal Mitchell Renshaw Company, REALTORS

  52 Angelus St, Memphis, TN 38104
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  /2

  $119,500

  $6K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,168 Sq Ft

  4797 Northfield Cir, Memphis, TN 38128

  Terrific investment opportunity! Tenant occupied, currently rented for $1295/mo. Professionally managed. Home has been well maintained with some recent repairs and a good looking roof. Three bedroom, two bathroom with central heat and air and low maintenance vinyl siding. Conveniently located near schools, shopping and John F. Kennedy Park. Multiple properties for sale, can be bought in bulk or

  William Haynes Crye-Leike, Inc., REALTORS

  4797 Northfield Cir, Memphis, TN 38128
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  /4

  $159,900

  • 4 Beds
  • 2 Baths
  • 1,748 Sq Ft

  2641 Tutwiler Ave, Memphis, TN 38112

  Fantastic investment opportunity in the Shelby area. This 4br/2 bath Duplex is in the 38112 area. Unit 2641 occupied for $840/month. The lease ends on 7/31/2026. Unit 2643 is occupied for $839/month. The lease ends on 2/28/2027. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  2641 Tutwiler Ave, Memphis, TN 38112
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  /2

  $158,900

  • 2 Beds
  • 2 Baths
  • 1,355 Sq Ft

  930 East Dr, Memphis, TN 38108

  Charming 1940 bungalow featuring 2 bedrooms and 2 baths in a convenient Memphis location. Situated near Jackson Avenue and East Parkway, this home offers easy access to Midtown, North Memphis, Overton Park, Sam Cooper Boulevard, downtown, with lots of shopping, dining and entertainment options. Whether you're looking to expand your investment portfolio or create a place to call home, this

  Dawn Kinard Welch Realty, LLC

  930 East Dr, Memphis, TN 38108
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  /2

  $97,000

  • 4 Beds
  • 1 Bath
  • 1,256 Sq Ft

  1700 Warner Ave, Memphis, TN 38127

  Great investment opportunity in this rental income producing house. It has 4 bedrooms and 1 baths. Currently renting for $1,300 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over 14 other rental houses available also.

  Harry Samuels Pinnacle Realty

  1700 Warner Ave, Memphis, TN 38127
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  /12

  $35,000

  • 2 Beds
  • 1 Bath
  • 806 Sq Ft

  1594 Maplewood St, Memphis, TN 38108

  Vacant, easy to show. Home is in need of renovations. Would make an excellent investment opportunity. Owner finance term at 10% down 2 points at 7.5% interest. Interest only payments.

  Caleb Parr Renshaw Company, REALTORS

  1594 Maplewood St, Memphis, TN 38108
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  /28

  $109,999

  • 3 Beds
  • 1 Bath
  • 1,053 Sq Ft

  856 White Clover Ln, Memphis, TN 38109

  Don't miss this inviting 1-story home featuring 3 bedrooms, 1 bathroom, and a 1-car attached carport. The functional floor plan offers comfortable living spaces with plenty of potential to make it your own. The bright living area provides a welcoming space for relaxing or entertaining, while the kitchen offers ample cabinet and counter space for everyday convenience. The generously sized bedrooms

  Vicki Testerman Mainstay Brokerage, LLC

  856 White Clover Ln, Memphis, TN 38109
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  /20

  $134,900

  • 2 Beds
  • 1 Bath
  • 873 Sq Ft

  556 Lundee St, Memphis, TN 38111

  Fantastic investment opportunity in the Shelby area. This 2br/1 bath single-family home is in the 38111 area. Cash flowing with a monthly rental amount of $995/month. Currently on MTM. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  556 Lundee St, Memphis, TN 38111
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  /2

  $80,000

  • 3 Beds
  • 1 Bath
  • 1,159 Sq Ft

  1512 Frayser Blvd, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $725 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

  1512 Frayser Blvd, Memphis, TN 38127
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  /17

  $299,900

  $20K PRICE DROP

  • 12 Beds
  • 3,888 Sq Ft

  736 Richmond Ave, Memphis, TN 38106

  Investor opportunity! Six unit multifamily property consisting of 6 2bed/1bath units with approximately 3,888 total square feet. Each unit has individual utilities, helping reduce owner expenses. Six units offer upside: 4 are currently under rented & 2 are vacant. There is immediate value add and potential to boost cash flow! Units #1, #3, and #5 have been renovated, adding to the property’s

  Jonathan Nunez Fast Track Realty, LLC

  736 Richmond Ave, Memphis, TN 38106
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  /14

  $139,900

  $15K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 816 Sq Ft

  4390 Willow Rd, Memphis, TN 38117

  Cute and Cozy Bungalow Lifestyle. Check out this recently rehabbed home! 2 bed/1 bath, very nicely done! In the sought after neighborhood of Colonial Acres. Great starter home, empty nesters, or Investment. Currently tenant occupied, Showings available upon accepted offer to purchase.

  Rene stehle Keller Williams

  4390 Willow Rd, Memphis, TN 38117
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  /2

  $22,500

  $1K PRICE DROP

  • Land
  • 4,791 Sq Ft
  • $204,545 per Acre

  801 Cella St, Memphis, TN 38114

  Great lot! Ready to build your next home or investment property.

  Crystal Mitchell Renshaw Company, REALTORS

  801 Cella St, Memphis, TN 38114
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  /33

  $80,000

  • 2 Beds
  • 1 Bath
  • 1,248 Sq Ft

  2601 Jackson Ave, Memphis, TN 38108

  Welcome to this prime investment opportunity located on an expansive one-third acre+ corner lot. The property currently features a two-bedroom, one-bath bungalow that offers the option to either fully renovate and restore or to redevelop the site entirely. Zoning variance and initial plan approvals are already in place for the construction of a four-plex multifamily residential building. The

  Michael Valenza eXp Realty, LLC

  2601 Jackson Ave, Memphis, TN 38108
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  /3

  $129,900

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

  3465 Spottswood Ave, Memphis, TN 38111

  Terrific investment opportunity! Professionally managed and tenant occupied home for sale. Hard to find 3 bedroom 2 bathroom home with bonus room (at this price point). Currently rented for $950/mo with a $950 security deposit on file (rental upside since it is a 3/2 with a bonus room). Lease ends 2/28/26. Home is steps away from the University of Memphis and is a great long term hold. Values are

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3465 Spottswood Ave, Memphis, TN 38111
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  /6

  $100,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,300 Sq Ft

  287 George St, Memphis, TN 38109

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $995 per month and is on a lease from 10/01/2025 - 09/30/2026. 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

  287 George St, Memphis, TN 38109
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  /8

  $65,000

  $24K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 744 Sq Ft

  2034 Driftwood Ave, Memphis, TN 38127

  PRICE REDUCED!! Excellent investment opportunity (definitely satisfies the 1% rule for investors!) Tenant occupied property being marketed to investors. This can be a great addition to your rental portfolio. Property is Professionally managed by Reedy and Company. This 2 bed 1bath home is rented at $925/mo. Many homes in this area are being rehabbed and sold for more money. No sign. PLEASE DO NOT

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2034 Driftwood Ave, Memphis, TN 38127
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  /11

  $125,000

  • 3 Beds
  • 1 Bath
  • 808 Sq Ft

  3567 Daggett Rd, Memphis, TN 38109

  Looking for an affordable home or your next investment opportunity? This 3-bedroom, 1-bath home offers several recent updates, including fresh interior paint, a new roof (2023), water heater (2023), and new attic insulation for improved energy efficiency. Previously rented for $1,350 per month, this property has a proven rental history and strong income potential. The seller will install a new

  Lisa Hendrickson Groome & Co.

  3567 Daggett Rd, Memphis, TN 38109
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  /2

  $10,000

  • Land
  • 7,405 Sq Ft
  • $58,824 per Acre

  1197 Wilson St, Memphis, TN 38106

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

  Jonathan Minerick homecoin.com

  1197 Wilson St, Memphis, TN 38106
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  /11

  $99,900

  • 3 Beds
  • 1.5 Baths
  • 1,475 Sq Ft

  3613 Brookmeade St, Memphis, TN 38127

  Take advantage of this outstanding income-producing investment! This rental property is located in a high-demand area with easy access to retail, restaurants, employment centers, and everyday conveniences, making it an attractive option for tenants. A fantastic addition to any investment portfolio. Please note that assignment contracts and wholesale offers will not be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3613 Brookmeade St, Memphis, TN 38127
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  /25

  $159,900

  • 4 Beds
  • 2 Baths
  • 1,350 Sq Ft

  2235 Shannon Ave, Memphis, TN 38108

  Great investment opportunity. The seller started to renovations. Some repairs still needed. Own your first investment. Can be sold separate or as a package.

  Lisa Nelson Exit Wise Master-Builders Real

  2235 Shannon Ave, Memphis, TN 38108
• 

  

  /23

  $110,000

  • 4 Beds
  • 1.5 Baths
  • 2,176 Sq Ft

  1817 Baldwin Ave, Memphis, TN 38127

  Whether you're looking to expand your investment portfolio or purchase your first home, this property is worth a look! This spacious 4-bedroom, 1.5-bath home is conveniently located just minutes from Millington and sits on a generously sized corner lot. Inside, you'll find neutral paint colors throughout, a large den, a separate living room, and a dedicated laundry room, offering plenty of space

  Verna Littleton Fast Track Realty, LLC

  1817 Baldwin Ave, Memphis, TN 38127
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  /16

  $225,000

  $25K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,842 Sq Ft

  1072 N Evergreen St, Memphis, TN 38107

  Cash-flowing duplex in the sought-after Volintine Evergreen Historic District — live in one unit while the other helps cover your mortgage, or hold both as a turnkey investment. Each unit offers 2 bedrooms, 1 bath, and a functional layout, and both are now leased on new 1-year terms, delivering immediate, documented rental income from day one — $1,950/month combined. Approx. $30K+ in recent

  Erica Martin Real Estate Agency

  1072 N Evergreen St, Memphis, TN 38107
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  /28

  $215,000

  • 3 Beds
  • 1.5 Baths
  • 1,176 Sq Ft

  5113 Helene Rd, Memphis, TN 38117

  Great investment opportunity! This newly remodeled 3-bedroom, 1.5-bath home features fresh paint throughout and an updated, move-in-ready interior. A great opportunity for an investor looking to add a tenant-occupied property to their rental portfolio. Property is being sold subject to tenant’s rights. Please do not disturb the tenant. All showings and access must be coordinated in accordance

  Dustie Zvolanek Red Maple Realty

  5113 Helene Rd, Memphis, TN 38117

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