Investment - Homes for Sale in Memphis, TN

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  $119,900

  • 3 Beds
  • 1 Bath
  • 1,350 Sq Ft

  4898 Dianne Dr, Memphis, TN 38116

  Nestled in the vibrant Red Oaks neighborhood of South Memphis, 4898 Dianne Dr offers timeless mid-century appeal, perfect for investors or owner-occupants. This single-family gem spans ~1,300 sq ft with 3 cozy bedrooms—ideal for comfortable living or a savvy investment.

  Matt Holt Premier Realty Group, LLC

  4898 Dianne Dr, Memphis, TN 38116
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  $7,500

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

  26 E Bodley Ave, Memphis, TN 38109

  Great Investment Property - Selling in "AS-IS" Condition.

  Lesia Harris REMAX Experts

  26 E Bodley Ave, Memphis, TN 38109
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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

  $525,000

  • 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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  /2

  $40,000

  • Land
  • 0.11 Acre
  • $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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  $118,500

  • 2 Beds
  • 1 Bath
  • 1,400+ Sq Ft

  1274 Railton Rd, Memphis, TN 38111

  Investment property. Property to be SOLD AS IS NO REPAIRS. This two-bedroom bath offers a formal living and dining combination, an eat-in kitchen, and a large den that could be converted into a primary bedroom and bath. Updates, interior painted, new carpet, and new kitchen cabinets in 2022. Tenant Occupied 12 month lease

  Patricia Didlake Didlake Realty Group, LLC

  1274 Railton Rd, Memphis, TN 38111
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  /4

  $20,000

  • Land
  • 0.8 Acre
  • $25,000 per Acre

  29 Felton Rd, Memphis, TN 38128

  Prime vacant residential lot on Felton Rd in North Memphis! Perfect spot to build your dream home, a rental property, or hold as a long-term investment. Flat, open parcel with utilities nearby and easy access to Hwy 51, downtown Memphis, parks, and schools. Located in a quiet, growing neighborhood with strong demand for new construction. Buyer to verify zoning, utilities, and lot dimensions.

  Ralph Harvey List With Freedom.Com, Inc.

  29 Felton Rd, Memphis, TN 38128
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  /14

  $299,900

  • Land
  • 3.46 Acres
  • $86,676 per Acre

  4777 Horn Lake Rd, Memphis, TN 38109

  Attention investors and developers! This exceptional 3.46-acre commercial property offers endless possibilities. Zoned CMU-1, the site allows for a variety of commercial, retail, office, and residential developments, making it a lucrative investment opportunity.Whether you’re looking to redevelop, expand, or build from the ground up, this property provides the flexibility needed to maximize its

  Jonathan Nunez Fast Track Realty, LLC

  4777 Horn Lake Rd, Memphis, TN 38109
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  /2

  $23,500

  • Land
  • 0.11 Acre
  • $213,636 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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  /3

  $130,000

  • 3 Beds
  • 1 Bath
  • 1,236 Sq Ft

  1047 N Highland St, Memphis, TN 38122

  Charming 3-Bedroom Home with a Two Car Garage. Investment opportunity. Tenant occupied home. Tenant is currently paying $1265/mo. Professionally managed (Lease, ledger, and repair history available upon request). This could be a great addition to your rental portfolio and could be a great long term hold. Do not approach or disturb tenant. No showings without an accepted offer.

  Timothy Smith REMAX Experts

  1047 N Highland St, Memphis, TN 38122
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  /23

  $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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  /5

  $70,000

  • 3 Beds
  • 1 Bath
  • 1,052 Sq Ft

  3211 Ford Rd, Memphis, TN 38109

  Possible investment property; fixer upper

  James Harvey Jr Keller Williams

  3211 Ford Rd, Memphis, TN 38109
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  $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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  /2

  $350,000

  • Land
  • 0.25 Acre
  • $1,400,000 per Acre

  430 N Front St, Memphis, TN 38103

  Location, location, location! This rare 0.25-acre vacant lot sits in the heart of Downtown Memphis, offering endless possibilities for development or investment. Whether you're looking to build residential units, a commercial space, or a mixed-use property, this lot puts you right in the center of everything Memphis has to offer. Whether you're a local developer or an out-of-town investor, this

  Jennifer Moore Fast Track Realty, LLC

  430 N Front St, Memphis, TN 38103
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  /9

  $185,000

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

  3524 James Rd, Memphis, TN 38128

  Large 5 acre residential lot that can be converted to commercial use. Great investment opportunity for development.

  Michael Bryan Bryan Realty Group

  3524 James Rd, Memphis, TN 38128
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  /2

  $49,900

  • Land
  • 1.02 Acres
  • $48,922 per Acre

  305 Nicolet Dr, Memphis, TN 38109

  If your client wants an exceptional 1 full acre of land to build their new dream home in a quiet, beautiful and GATED community, this is where they want to build. This land is well worth the investment. Remember: IT IS ABSOLUTELY BEAUTIFUL AND A PERFECT PLACE TO BUILD A DREAM HOME IN A SECURE, MATURE & WELCOMING COMMUNITY!!

  Lori Miller 4 Success Realty, LLC

  305 Nicolet Dr, Memphis, TN 38109
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  $165,000

  • 1 Bed
  • 1.5 Baths
  • 938 Sq Ft

  4400 Poplar Ave Unit 45, Memphis, TN 38117

  Welcome to The Marsonne! Investment opportunity with this first floor flat that is currently tenant occupied in this gated community. The perfect East Memphis location in a gated community with an inground pool and a charming courtyard. 1 assigned covered parking space and 1 uncovered parking space with plenty of guest parking spaces. Do not disturb tenant.

  Adam Watson Keller Williams

  4400 Poplar Ave Unit 45, Memphis, TN 38117
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  $59,900

  • 3 Beds
  • 2 Baths
  • 1,548 Sq Ft

  672 E Davant Ave, Memphis, TN 38106

  Great investment home that needs some work. Currently boarded.

  Joe King Marathon REALTORS, LLC

  672 E Davant Ave, Memphis, TN 38106
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  /2

  $80,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  680 Looney Ave, Memphis, TN 38107

  Vacant. 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

  680 Looney Ave, Memphis, TN 38107
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  /17

  $110,000

  • 4 Beds
  • 2 Baths
  • 1,363 Sq Ft

  1898 E Mclemore Ave, Memphis, TN 38114

  Lovely 3 bedroom 2 bathroom home that also has a fourth room (that could be a bonus room or fourth bedroom). Nice home that has central heat and air. Very rare to find this many bedrooms and bathrooms being offered at such a great price. Home needs minor repairs but overall in nice shape, could qualify for a loan. ONLINE VIDEO AVAILABLE UPON REQUEST. Very convenient location with large front

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1898 E Mclemore Ave, Memphis, TN 38114
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  /20

  $200,000

  • 2 Beds
  • 2 Baths
  • 1,400+ Sq Ft

  582 Watson St, Memphis, TN 38111

  Tenant occupied - no showings without an accepted contract. This is a great investment opportunity. Currently, it rents for $1,575 a month, and the lease will end on 12/31/2025. It can be sold separately or as a package deal along with 572 Watson, 3739 Spottswood, and 3863 Spottswood.

  Crystal Mitchell Renshaw Company, REALTORS

  582 Watson St, Memphis, TN 38111
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  /2

  $29,900

  • Land
  • 0.11 Acre
  • $271,818 per Acre

  1311 Faxon Ave, Memphis, TN 38104

  Vacant Lot in Speedway Terrace – Prime Investment Opportunity! Surrounded by multiple new construction projects, this lot is in a rapidly growing area just 8 minutes from Downtown Memphis and 2 minutes from the Crosstown Concourse Building with some new build homes selling for $240K+. Please reach out today if interested!

  Joshua Moss KAIZEN Realty, LLC

  1311 Faxon Ave, Memphis, TN 38104
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  /3

  $299,000

  • 6 Beds
  • 4 Baths

  1725 Ontario Ave, Memphis, TN 38127

  BRAND NEW DUPLEX! To be completed in 90 days. Interiors are modern and stylish featuring 3 Bedrooms, 2 full baths. Granite counter tops, large master BR, walk in closets, large master bath, glass shower, separate tub, LVT flooring, maintenance free exterior. PERFECT Cash Flow Investment. No wholesalers- No owner finance offers.

  Brett Bernard The Stamps Real Estate Company

  1725 Ontario Ave, Memphis, TN 38127
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  /2

  $127,000

  • 3 Beds
  • 2 Baths
  • 1,555 Sq Ft

  1108 Semmes St, Memphis, TN 38111

  A rare find! This 3 bed, 2 bath home offers space, character, and opportunity in a growing community. Featuring vaulted ceilings, a true primary suite, an oversized dining area, and a functional galley kitchen—this one truly stands out. A great fit for anyone searching for their next home or a smart addition to an investment plan. Portfolio opportunity available. No wholesale offers.

  Shaneathia Armstrong C21 Patterson & Assoc. Real Es

  1108 Semmes St, Memphis, TN 38111
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  /13

  $105,000

  • 3 Beds
  • 1 Bath
  • 876 Sq Ft

  2581 Callie Rd, Memphis, TN 38127

  GREAT INVESTMENT OPPORTUNITY! This 3 bedroom, 1 bathroom home is rented for $975/month and under professional management. Lease is good until 5/31/2026. Tenant moved in 5/8/2025. Totally renovated in 2023 including new roof, new HVAC, new carpet, cabinets, window fixtures, and much more! Tenant ledger and maintenance report available upon request. Please do not disturb tenant.

  Jeremy Veldman KAIZEN Realty, LLC

  2581 Callie Rd, Memphis, TN 38127
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  $160,000

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

  4563 Violet Ave, Memphis, TN 38122

  This Charming Single-Family home offers a smart investment or comfortable residence in a convenient Memphis location. The efficient floor plan maximizes living space, and the location places you moments from the Summer Ave, everyday shopping, schools, and major connectors for an easy commute. Currently rented for $1,000/month on a month-to-month lease, the property will be delivered vacant at

  Saber Alshoja Fast Track Realty, LLC

  4563 Violet Ave, Memphis, TN 38122
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  /20

  $220,000

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

  4136 Hampton Manor Ln, Memphis, TN 38128

  Welcome to 4136 Hampton Manor Cove! A spacious and well-appointed 4-bedroom, 2.5-bath single-family home located in the heart of Memphis, TN 38128. This beautifully maintained property offers a perfect blend of comfort, style, and investment potential. With generous living spaces, modern updates, and a thoughtful layout, this home is ideal for families or as a high-yield rental opportunity.

  James Wachob Foundation Property Management

  4136 Hampton Manor Ln, Memphis, TN 38128
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  $46,250

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  1883 Cedarhurst Ave, Memphis, TN 38127

  Lovely 2 bedroom 1 bathroom home with covered parking being offered at a great price. Seller has made several repairs already and home has a nice floor plan. Could be a great primary residence, investment property, buy & hold rental, or BRRRR property. ONLINE VIDEO AVAILABLE UPON REQUEST. Cash offers only. Many homes in this area are being rehabbed & sold for more money (house on same street sold

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1883 Cedarhurst Ave, Memphis, TN 38127
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  $90,000

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

  3791 Marvin St, Memphis, TN 38127

  INVESTORS ONLY! Tenant occupied property that is on a corner lot. Charming 3Bed 1Bath home that is currently being rented at $800/mo. Home is professionally managed by a local management company. Many homes in this area are being rehabbed and sold for more money. This is a great investment property to add to any portfolio. Seller is also selling 3271 Morningside ($50k), 2933 N Radford ($85k),

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3791 Marvin St, Memphis, TN 38127
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  /13

  $90,000

  • 3 Beds
  • 1 Bath
  • 980 Sq Ft

  2807 Alpena Ave, Memphis, TN 38127

  Great starter home, first time buyers or Investment Property 3/1, hardwood floors, Tile Kitchen & Bath newer, Stove provided at closing, Seller to give $1000 for buyer concession on exterior painting. Gas stove, Gas HWT, Roof aprox 10 years old Selling As Is.

  Jennifer Boyd Heritage Homes Co.

  2807 Alpena Ave, Memphis, TN 38127
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  $76,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  3597 Baine Ave, Memphis, TN 38111

  Investor opportunity in Highland Heights! This 2-bed, 1-bath brick home offers approx. 875 sq ft of living space on a 7,405 sq ft lot. Built in 1953, it features wood laminate and tile flooring, central HVAC, a fenced yard, and driveway parking. Currently rented for $850/month. Property is offered as part of a discounted investment package with: • 48 W Belle Haven Rd – $76,000 • 140 Cedar Ave –

  Curtis Bleeker KAIZEN Realty, LLC

  3597 Baine Ave, Memphis, TN 38111
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  /15

  $108,975

  • 2 Beds
  • 1 Bath
  • 953 Sq Ft

  2955 Tudor St, Memphis, TN 38127

  Great Investment Opportunity!!!

  Ashleigh Lovan Keller Williams

  2955 Tudor St, Memphis, TN 38127
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  /21

  $148,000

  • 3 Beds
  • 2.5 Baths
  • 1,600+ Sq Ft

  5995 Lofty Oak Rd, Memphis, TN 38115

  GREAT INVESTMENT OPPORTUNITY! INVESTORS ONLY, DO NOT DISTURB TENANT. SFH Rented for $1,425/month, professionally managed. Lease expires 7/31/2025. Tenant moved in 7/31/2024. Completely renovated in May 2024 including brand new AC condenser, brand new furnace & A-coil. Spacious kitchen with brand new counter tops, large master bedroom, refurbished bathrooms with tile surround shower, attached

  Jeremy Veldman KAIZEN Realty, LLC

  5995 Lofty Oak Rd, Memphis, TN 38115
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  $185,000

  • 4 Beds
  • 2 Baths
  • 1,513 Sq Ft

  2859 Carnes Ave, Memphis, TN 38114

  This fully remodeled 4 bedroom, 2 bath home was taken down to the studs and redone with care. Modern finishes throughout featuring a bright, open floor plan, a beautifully updated kitchen, and stunning, luxury tile bathrooms! This home is truly move-in ready. Perfect for students, families, or investors looking for a turnkey opportunity in a prime location. Just 5 minutes from the University of

  Valencia Murray Keller Williams

  2859 Carnes Ave, Memphis, TN 38114
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  $120,000

  • 3 Beds
  • 1 Bath
  • 1,008 Sq Ft

  493 Deerskin Dr, Memphis, TN 38109

  PRIME investment opportunity with this CASHFLOWING property. This brick home features hard surface floors, updated kitchen and bathroom, newer working HVAC, freshly painted interior, large fenced in yard, and gated parking area. House has good size bedrooms with an ideal layout. This property is in great shape and ready to be added to your portfolio. Professional management company already in

  Carlye Tulley eXp Realty, LLC

  493 Deerskin Dr, Memphis, TN 38109
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  /18

  $179,900

  • 3 Beds
  • 2 Baths
  • 1,635 Sq Ft

  5322 Adney Gap Cove, Memphis, TN 38134

  Ready for your next project? This house needs a little of everything to bring it back to life, but the bones are great. Ideal for investors looking for their next buy and hold. Will make a great investment property. Sellers are investors and have never seen the property. Property is priced below market to reflect needed updates. Utilities have been requested. Buyers to perform their due

  Ryan Flannery Premier Realty Group, LLC

  5322 Adney Gap Cove, Memphis, TN 38134
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  /22

  $85,000

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

  2048 Benton St, Memphis, TN 38106

  Charming 2-bedroom, 1-bath home with direct backyard access to The Links at Pine Hill Golf Course! This property is full of potential—perfect for investment or as your next renovation project. Inside, you'll find a separate living room and dining room, laminate flooring in the main living areas, and cozy carpet in the bedrooms. The home also includes washer and dryer connections for added

  Linitra Washington KAIZEN Realty, LLC

  2048 Benton St, Memphis, TN 38106
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  /2

  $550,000

  • 20 Beds
  • 6,150 Sq Ft

  486 E Georgia Ave, Memphis, TN 38126

  Investment opportunity in a fully renovated and fully occupied 10-unit apartment building. Each unit offers 2 bedrooms and 1 bathroom with space. Strong rental history and consistent occupancy make this an ideal acquisition for any investor. All tenants are on flexible month-to-month leases, giving a new owner multiple options for strategy and repositioning. No showings without an accepted offer.

  Terrance Hill eXp Realty, LLC

  486 E Georgia Ave, Memphis, TN 38126
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  /2

  $109,150

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3696 Parfet Cove, Memphis, TN 38128

  Welcome to 3696 Parfet Cove. This charming 3-bedroom, 1-bathroom home presents a solid investment opportunity. Located on a quiet cove, the property features a functional layout, low-maintenance design, and strong rental appeal. With a stable tenant in place and consistent cash flow, this is a turnkey addition to any investment portfolio. TENANTED PROPERTY – DO NOT APPROACH OR DISTURB TENANTS. No

  James Wachob Foundation Property Management

  3696 Parfet Cove, Memphis, TN 38128
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  $140,000

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

  1992 Driftwood Ave, Memphis, TN 38127

  Great Investment Opportunity! This fully rehabbed 3-bedroom, 2-bath home is already tenant-occupied, making it an excellent turnkey investment. Property tours are available only with an accepted offer. Don’t miss out on this income-producing opportunity! Do not disturb tenant

  Erika Dean Agba Crye-Leike, Inc., REALTORS

  1992 Driftwood Ave, Memphis, TN 38127

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