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Investment - Homes for Sale in Memphis, TN

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  • /7

    $439,900

    $35K PRICE DROP
    • 9 Beds
    • 4,427 Sq Ft

    1235 Vinton Ave, Memphis, TN 38104

    Fantastic investment opportunity in the Shelby area. This Fourplex is in the 38104 area. All four units are occupied. Unit 1 - $1,260 - 10/31/2026 Unit 2 - $1,395 - 04/30/2027 Unit 3 - Vacant Unit 4 - $875 - 09/30/2027 No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    1235 Vinton Ave, Memphis, TN 38104
  • /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
  • /12

    $125,000

    • 4 Beds
    • 2 Baths
    • 1,209 Sq Ft

    1167 Fiber Rd, Memphis, TN 38109

    Excellent investment opportunity featuring 4 bedrooms, 2 bathrooms, and approximately 1,209 sq ft of living space. This property offers strong rental potential with estimated monthly income ranging from $1,150–$1,275. A great option for investors looking to add cash-flow potential to their portfolio. Spacious layout, solid income opportunity, and long-term investment value make this property one

    James Johnson Crestcore Realty, LLC

    1167 Fiber Rd, Memphis, TN 38109
  • /5

    $99,000

    $6K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,670 Sq Ft

    3382 Frayser School Dr, Memphis, TN 38127

    Currently leased at $1,165/month through 01/31/2027. Well-maintained investment property featuring a newer roof, updated HVAC, refreshed kitchen, durable flooring, and updated baths. Convenient to Frayser-Corning Elementary, Grandview Heights Middle, Trezevant High, Superlo Foods, Frayser Village Shopping Center, Frayser Park, Interstate 40, and major employers including Amazon and Nike

    James Wachob Foundation Property Management

    3382 Frayser School Dr, Memphis, TN 38127
  • /20

    $159,900

    $40K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,400+ Sq Ft

    582 Watson St, Memphis, TN 38111

    This is a great investment opportunity. Was currently rented for $1,575 a month. It can be sold separately or as a package deal along with 3739 Spottswood.

    Crystal Mitchell Renshaw Company, REALTORS

    582 Watson St, Memphis, TN 38111
  • /26

    $60,000

    • 2 Beds
    • 1 Bath
    • 1,032 Sq Ft

    810 N 7th St, Memphis, TN 38107

    Great investment opportunity in Memphis’ Uptown area! This 2-bedroom, 1-bath home features a roof approximately 5 years old and a water heater approximately 3 years old. Surrounded by ongoing development and revitalization, the property offers excellent potential for investors looking to renovate, rent, or hold for future appreciation. Vacant and easy to show—schedule your showing today!

    Elliot Cerezo The Home Partners Realty

    810 N 7th St, Memphis, TN 38107
  • /32

    $358,000

    • 2 Beds
    • 2.5 Baths
    • 1,522 Sq Ft

    127 W Carolina Ave, Memphis, TN 38103

    Fully renovated 2BR/2.5BA corner-unit townhome in a prime Downtown Memphis location. Features include engineered hardwood floors throughout, all new electrical, a two sided gas fireplace, and a private 2-car garage. The kitchen and bathrooms have been completely updated with high-end finishes, including a custom coffee niche, and meticulous attention to detail, making this property truly move-in

    Tyler Bowman Weichert, REALTORS-BenchMark

    127 W Carolina Ave, Memphis, TN 38103
  • /21

    $289,000

    • 6 Beds
    • 3 Baths
    • 3,738 Sq Ft

    173 N Willett St, Memphis, TN 38104

    Investor Special – DUPLEX – sold “as-is” – This stunning 1920s hewn-stone duplex is a true gem in the heart of Midtown’s desirable Evergreen District. Set just blocks from the lush greenspaces of Overton Park and Williamson Park, this historic property offers timeless charm and outstanding investment potential. Spanning approximately 3,820 square feet, the duplex features 5 bedrooms and 3

    Jeanette Lin Pinnacle Realty

    173 N Willett St, Memphis, TN 38104
  • /14

    $299,000

    $11K PRICE DROP
    • 6 Beds
    • 4 Baths
    • 2,385 Sq Ft

    1725 Ontario Ave, Memphis, TN 38127

    BRAND NEW DUPLEX! To be completed April 15, 2026. 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. Photos are of model duplex with the same floor plan.

    Brett Bernard The Stamps Real Estate Company

    1725 Ontario Ave, Memphis, TN 38127
  • /17

    $39,900

    • 4 Beds
    • 1 Bath
    • 1,008 Sq Ft

    243 1st Ave, Memphis, TN 38109

    Property has lots of upside potential for investment either for rental or rehab & sell. Property is sold "as is" for cash. No financing offers will be accepted. No wholesalers, assignments or blind offers. Property is vacant and easy to show. Contact Broker Bay or listing agent for access information. Property has central heat, hardwood floors & walk-out basement.

    Lowell Brister Leco Realty, Inc.

    243 1st Ave, Memphis, TN 38109
  • /4

    $94,900

    • 3 Beds
    • 2 Baths
    • 1,103 Sq Ft

    4550 Spring Glen Dr, Memphis, TN 38128

    Fantastic investment opportunity in the Shelby area. This 3br/2 bath single-family home is in the 38128 area. Cash flowing with a monthly rental amount of $835/month. The lease ends on 02/28/2027. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    4550 Spring Glen Dr, Memphis, TN 38128
  • /2

    $98,000

    • 2 Beds
    • 1 Bath
    • 886 Sq Ft

    2775 Windsor Pkwy, Memphis, TN 38127

    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. Over

    Harry Samuels Pinnacle Realty

    2775 Windsor Pkwy, Memphis, TN 38127
  • /38

    $365,000

    $4K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 2,247 Sq Ft

    1852 Lyndale Ave, Memphis, TN 38107

    Welcome to this charming 3-bedroom, 2-bath home in one of Midtown's most convenient locations. Enjoy your morning coffee on the inviting front porch, then take advantage of being just a short walk to Rhodes College, Cafe Eclectic, and the Memphis Zoo. Crosstown Concourse is only five minutes away, offering restaurants, shopping, and entertainment nearby. Being sold fully furnished, this property

    Michael Jacques Reid, REALTORS

    1852 Lyndale Ave, Memphis, TN 38107
  • /19

    $263,900

    $5K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 2,196 Sq Ft

    7057 Hillshire Dr, Memphis, TN 38133

    Beautifully updated home in a convenient Memphis location! This property underwent a major renovation in 2022 featuring updated flooring, paint, kitchen, bathrooms, fixtures, and more. Big-ticket improvements include a new roof and water heater installed in 2022, providing peace of mind for years to come. The functional floor plan offers comfortable living space with plenty of natural light

    Thomas Zettergren Premier Realty Group, LLC

    7057 Hillshire Dr, Memphis, TN 38133
  • /17

    $66,000

    • Land
    • 3.77 Acres
    • $17,507 per Acre

    00 Lakehurst Drive Dr, Memphis, TN 38128

    DISCOVER THE POTENTIAL OF THIS BEAUTIFUL 3.77± ACRE WOODED PROPERTY LOCATED ON LAKEHURST DRIVE IN THE FOREST LAKE NEIGHBORHOOD IN MEMPHIS, TENNESSEE. Featuring mature timber and a peaceful natural setting, this Shelby County property offers an excellent opportunity to build your dream home, create a private retreat, or invest in land with outstanding potential. Conveniently located just feet from

    Payton Shinault Small Town Hunting Properties

    00 Lakehurst Drive Dr, Memphis, TN 38128
  • /23

    $150,000

    • 4 Beds
    • 2 Baths
    • 1,151 Sq Ft

    1621 Oakwood St, Memphis, TN 38108

    Discover an outstanding investment opportunity with this fully renovated duplex at 1621 & 1623 Oakwood Street in Memphis! Whether you're looking to expand your rental portfolio or invest in an income-producing property, this move-in-ready duplex checks all the boxes. Both units have been beautifully updated with fresh interior and exterior paint, luxury vinyl plank flooring, new kitchen cabinets,

    Melissa Blume Thompson eXp Realty

    1621 Oakwood St, Memphis, TN 38108
  • /2

    $4,500

    • Land
    • 5,227 Sq Ft
    • $37,500 per Acre

    1462 Standridge St, Memphis, TN 38108

    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

    1462 Standridge St, Memphis, TN 38108
  • /4

    $4,500

    • Land
    • 10,018 Sq Ft
    • $19,565 per Acre

    2129 Yazoo St, Memphis, TN 38106

    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

    2129 Yazoo St, Memphis, TN 38106
  • /37

    $205,000

    • 4 Beds
    • 2 Baths
    • 1,987 Sq Ft

    958 Maury St, Memphis, TN 38107

    TURNKEY 4BR/2BA! Currently Operated as a Short-Term Rental! Near Rhodes College, Midtown, & Downtown! This renovated cutie is the perfect investment or a great home for owner occupants! Kitchen with granite countertops, updated bathrooms, hardwood floors throughout main living areas and bedrooms. Enjoy gatherings in the spacious living room, dining, and den area. Great privacy in the fenced

    Monica Bynum Crye-Leike, Inc., REALTORS

    958 Maury St, Memphis, TN 38107
  • /21

    $185,000

    • 2 Beds
    • 1 Bath
    • 1,022 Sq Ft

    3522 Stuart Rd, Memphis, TN 38111

    Well maintained investment property in the Sherwood Forest neighborhood. Front house has 2bedrooms - 1bath, living and dining room adequate living space. Back house offers 2-stories 1bedroom, 1bath full size kitchen laundry area and a walk out deck Great rental or AirBNB. Front house is currently tenant occupied.

    Karen Gray REMAX Experts

    3522 Stuart Rd, Memphis, TN 38111
  • /5

    $105,000

    $15K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,684 Sq Ft

    2340 Mcgowan Dr, Memphis, TN 38127

    Investment opportunity with great potential! This property offers good bones, hardwood floors throughout, and a large backyard. Renovations and updates are needed to maximize its full potential, making it an excellent opportunity for investors looking to add value. Property is being sold as-is.

    Nicholas Bolding Keller Williams

    2340 Mcgowan Dr, Memphis, TN 38127
  • /20

    $115,000

    $25K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,361 Sq Ft

    864 Dickinson St, Memphis, TN 38107

    Fantastic investment opportunity. 8 year tenant just vacated. This will rent quickly. 3 Br, Den w/fp, living room or formal dining room, eat-in kitchen. CH/A (in storage). Sold as-is. Located in historic Vollentine/Evergreen neighborhood. Near Crosstown Concourse and Rhodes University. Huge back yard and big deck off back door. Large covered front porch. Large parking area in back yard. Move-in

    JILL BERRY J.D. Marks, Inc., REALTORS

    864 Dickinson St, Memphis, TN 38107
  • /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 7/31/2026. 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
  • /16

    $249,500

    • 4 Beds
    • 2 Baths
    • 1,653 Sq Ft

    8241 Trinity Rd, Cordova, TN 38018

    Welcome to 8241 Trinity Rd, a beautifully maintained home in a highly convenient Southeast Memphis location. This property offers a functional floor plan with spacious living areas, abundant natural light, and comfortable bedrooms. The kitchen provides ample cabinet and counter space, making it ideal for everyday living and entertaining. Enjoy a generous backyard with plenty of room for outdoor

    April Hua Elm RE Investment

    8241 Trinity Rd, Cordova, TN 38018
  • /2

    $99,900

    $10K PRICE DROP
    • 4 Beds
    • 1 Bath
    • 1,375 Sq Ft

    1748 Eldridge Ave, Memphis, TN 38108

    Fantastic investment opportunity in the Shelby area. This 4br/1 bath single-family home is in the 38108 area. Cash flowing with a monthly rental amount of $1,050/month. Lease ends on 4/30/2027. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    1748 Eldridge Ave, Memphis, TN 38108
  • /10

    $103,500

    $14K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 882 Sq Ft

    580 Blackhawk Rd, Memphis, TN 38109

    Special financing and grants available for this great property!!! Wonderful home for sell at a great improved price. Well maintained three bedroom one bathroom home in a great location. This home features NO carpet, large back yard, vinyl and tile flooring throughout, low maintenance brick exterior, modern light fixtures and so much more.This home qualifies for great financing and forgivable

    William Haynes Crye-Leike, Inc., REALTORS

    580 Blackhawk Rd, Memphis, TN 38109
  • /2

    $27,500

    • Land
    • 3,049 Sq Ft
    • $392,857 per Acre

    0 Rayburn St, Memphis, TN 38106

    SOLD AS A PACKAGE DEAL! Attention investors, builders, and developers! Don't miss this unique opportunity to acquire 17 parcels of land being offered as one package. Whether you're looking to expand your investment portfolio, develop multiple homesites, or secure land for future growth, this package offers incredible potential. Included Parcels: 813 Coahoma 964 Wellington 951 Driver 650 Jeanette

    Chinna Prude C21 Patterson & Assoc. Real Es

    0 Rayburn St, Memphis, TN 38106
  • /2

    $149,900

    $10K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,286 Sq Ft

    4566 Fawn Hollow Cove, Memphis, TN 38141

    Motivated seller offering an occupied, income-producing investment property—currently rented at $1,425/month with an active lease through 9/30/2026. Available individually or as part of a portfolio with strong-performing assets. 4305 Creekbed Cv. listed at $155,000 rented at $1169 and 4529 Country Brook Dr. listed at $150,000 and rented at $1350. Sold AS-IS. Do not disturb tenant. Inspection

    James Johnson Crestcore Realty, LLC

    4566 Fawn Hollow Cove, Memphis, TN 38141
  • /10

    $110,000

    $10K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,156 Sq Ft

    2100 Stovall Ave, Memphis, TN 38108

    Fully renovated home that is perfect for your next investment. Freshly painted, new floors, water heater, roof and many other upgrades. Schedule your showing today. Property is rented for $950

    Keino Spring Harris & Harris Realty Group

    2100 Stovall Ave, Memphis, TN 38108
  • /11

    $139,900

    $9K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,357 Sq Ft

    1507 Oakwood St, Memphis, TN 38108

    1507/1509 Oakwood - Turnkey Duplex Investment Opportunity Well-maintained and recently updated duplex offering immediate income potential. One side is currently rented at $775/month, and the other side is vacant with a prospective tenant expected to move in within the next couple of weeks at approximately $800/month. This property has been fixed up and is positioned for strong cash flow with

    Jonathan Nunez Fast Track Realty, LLC

    1507 Oakwood St, Memphis, TN 38108
  • /19

    $195,000

    $15K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,380 Sq Ft

    803 Marechalneil St, Memphis, TN 38114

    Currently leased at $1,800 per month through 04/19/2027. Turnkey investment opportunity with strong rental potential. This well-maintained home features recent updates including refreshed interior finishes, updated flooring, and modernized kitchen and bath elements that enhance both appeal and functionality. The property shows solid overall condition with only light cosmetic improvements needed,

    James Wachob Foundation Property Management

    803 Marechalneil St, Memphis, TN 38114
  • /2

    $95,000

    $14K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    3696 Parfet Cove, Memphis, TN 38128

    Currently leased at $955 per month through 02/28/2027. Investor opportunity featuring a well-maintained 3-bedroom, 1-bath home with a functional single-level layout. This property offers a low-maintenance design, separate dining area, central heat and air, and a traditional floor plan that supports everyday living. The home appears to be in solid condition with good curb appeal and a clean,

    James Wachob Foundation Property Management

    3696 Parfet Cove, Memphis, TN 38128
  • /29

    $130,000

    $30K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,198 Sq Ft

    3066 Redbud Rd, Memphis, TN 38109

    Investment opportunity with two separate units and strong rent potential!! Unit 3066 has been updated and is 3 bedrooms and 2 baths, offering increased livable space (Bonus Room) and higher rent capacity. Unit 3068 requires repairs and updates. After renovations, each unit is projected to lease for approximately $1,400–$1,550 per month with Section 8, based on current area rental rates. Property

    Donnie Morrow eXp Realty, LLC

    3066 Redbud Rd, Memphis, TN 38109
  • /2

    $115,000

    $20K PRICE INCREASE
    • 2 Beds
    • 1 Bath
    • 816 Sq Ft

    3517 N Watkins St, Memphis, TN 38127

    Investment opportunity. 3 bedr. 1 bath. .$1,450 per month rent

    Harry Samuels Pinnacle Realty

    3517 N Watkins St, Memphis, TN 38127
  • /7

    $175,000

    • 3 Beds
    • 1 Bath
    • 1,027 Sq Ft

    4524 Flamingo Rd, Memphis, TN 38117

    Great home in Colonial Acres! 3 BR, 1 BA with 1,027 sqft with hardwood floors throughout. HVAC replaced in 2024. Condenser 2021, Roof 2020, Appliances 2022, Hot Water Heater 2023. Turnkey rental investment home priced right. Monthly rent is $1,500 with potential for more. DO NOT DISTURB TENANTS. Inspections will be scheduled with accepted contract. Current tenant lease ends July 31, 2026. Call

    Robert Hyde Ware Jones, REALTORS

    4524 Flamingo Rd, Memphis, TN 38117
  • /13

    $210,000

    • 3 Beds
    • 2 Baths
    • 1,934 Sq Ft

    5355 Rock Ridge Rd S, Memphis, TN 38134

    Add this one to your Investment Portfolio! Great Home, Great Area!! 3 Bedrooms, 2 Full Baths with a Bonus Room. All Hardwood & Tile. This home is Occupied by a Tenant and An Accepted Contract will be needed to Schedule a Showing.

    Sheila Ridgway 901, REALTORS

    5355 Rock Ridge Rd S, Memphis, TN 38134
  • /12

    $60,000

    • 2 Beds
    • 1 Bath
    • 810 Sq Ft

    105 N Belvedere Blvd Unit 6, Memphis, TN 38104

    Awesome opportunity in Midtown for an investor or owner occupant! This second-story condo features gas cooking and in-unit washer and dryer. For those looking for an investment property, this unit was previously rented for $1,075 per month. PACKAGE OPPORTUNITY! Seller would consider selling with: 45 N Belvedere #108, tenant occupied paying $550 per month on a month-to-month lease listed for $40k;

    Lauren Waites Real Estate Agency

    105 N Belvedere Blvd Unit 6, Memphis, TN 38104
  • /13

    $185,000

    $13K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,260 Sq Ft

    1774 Crump Ave Unit A, Memphis, TN 38107

    Investor Opportunity – Income-Producing Duplex Great investment opportunity! These duplex features two 1BR/1BA units. One unit is currently occupied on a month-to-month lease generating $550 on a year lease, providing immediate rental income, while the second unit is vacant and move-in ready. Ideal for investors or owner-occupants looking to live in one unit and rent the other. Convenient layout

    LaTonya Hammond Lawrence Johnson, REALTORS

    1774 Crump Ave Unit A, Memphis, TN 38107
  • /40

    $225,000

    • 2 Beds
    • 2 Baths
    • 1,472 Sq Ft

    378 N Willett St, Memphis, TN 38112

    Fantastic opportunity in the heart of Midtown! Whether you are looking to owner occupy one side and rent the other or add a solid investment property to your portfolio, this duplex is full of potential. Both sides are identical and offer 1 bedroom, 1 bath, gas cooking and heat, plus all appliances remain including 2 window units per side. With approximately 1,472 total square feet, the property

    Amanda Lott BHHS McLemore & Co., Realty

    378 N Willett St, Memphis, TN 38112
  • /10

    $114,975

    $3K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,290 Sq Ft

    2574 Saint Elmo Ave, Memphis, TN 38127

    New Lease to begin on 07/15/2026 until 07/14/2027 at $1,100. This modernized 3-bedroom, 1.5-bath home offers immediate rental income. Features include hard-surface flooring, an updated kitchen with shaker-style cabinets, bright living areas, and a fenced backyard. Conveniently located near Southwest Tennessee Community College, Libertas School of Memphis, grocery stores, neighborhood parks, and

    James Wachob Foundation Property Management

    2574 Saint Elmo Ave, Memphis, TN 38127

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