Investment - Homes for Sale in Memphis, TN

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  /7

  $140,000

  $29K PRICE DROP

  • Land
  • 7.1 Acres
  • $19,718 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

  $2K PRICE DROP

  • Land
  • 3,484 Sq Ft
  • $112,500 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
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  /2

  $9,000

  $2K PRICE DROP

  • Land
  • 3,484 Sq Ft
  • $112,500 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
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  /2

  $9,000

  $2K PRICE DROP

  • Land
  • 3,484 Sq Ft
  • $112,500 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
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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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  /40

  $520,000

  $5K 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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  /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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  /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

  $140,000

  $35K PRICE DROP

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

  3540 Marion Ave, Memphis, TN 38111

  30k price reduction! Incredible investment opportunity available with tremendous cash flow and huge potential upside! Property is currently rented for $1375/mo. 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 significant rehab done in the

  William Haynes Crye-Leike, Inc., REALTORS

  3540 Marion Ave, Memphis, TN 38111
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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

  $14,500

  • Land
  • 5,662 Sq Ft
  • $111,538 per Acre

  4850 Stage Rd, Memphis, TN 38128

  Looking for a chance to own a property that can be developed as residential or commercial? Here is your chance to buy it. With plenty of road frontage this just may be the spot for next investment!

  James Hooker Tiger Realty

  4850 Stage Rd, Memphis, TN 38128
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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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  /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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  /4

  $20,000

  • Land
  • 34,848 Sq Ft
  • $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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  /2

  $9,000

  $2K PRICE DROP

  • Land
  • 5,227 Sq Ft
  • $75,000 per Acre

  258 Gaston 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

  258 Gaston Ave, Memphis, TN 38106
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  $285,000

  $25K PRICE DROP

  • Land
  • 3.46 Acres
  • $82,370 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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  /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

  $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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  /22

  $149,900

  $10K PRICE DROP

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

  1531 Netherwood Ave, Memphis, TN 38106

  ATTENTION INVESTORS!! Turnkey, income-producing asset with a secured long-term tenant in place. Leased at $1,195/month through 3/31/2028, delivering consistent cash flow of $1,195/month and a 4.49% cash-on-cash return. Major capital improvements include a new 30-year architectural roof, double-pane aluminum windows, 2024 water heater, updated kitchen with new countertops and fixtures, and a

  James Wachob Foundation Property Management

  1531 Netherwood Ave, Memphis, TN 38106
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  $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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  /2

  $9,000

  $2K PRICE DROP

  • Land
  • 3,049 Sq Ft
  • $128,571 per Acre

  0 Mississippi Blvd, 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

  0 Mississippi Blvd, Memphis, TN 38106
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  /2

  $320,000

  $30K PRICE DROP

  • Land
  • 10,890 Sq Ft
  • $1,280,000 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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  /35

  $89,900

  • 3 Beds
  • 1 Bath
  • 1,000 Sq Ft

  3367 Redcliff Dr, Memphis, TN 38128

  3-bed, 1-bath brick ranch in Spring Valley. Features a functional floor plan, central HVAC, and an attached 1-car carport. Situated on a level lot with mature trees near Austin Peay Hwy. Move-in ready primary home or turnkey investment.

  Tiffany Jones Trelora Realty

  3367 Redcliff Dr, Memphis, TN 38128
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  /2

  $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
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  /2

  $4,200

  • Land
  • 4,791 Sq Ft
  • $38,182 per Acre

  2234 Clayton Ave, Memphis, TN 38108

  Discover this prime vacant lot in the established neighborhood of Memphis, Shelby County—perfect for your next investment or dream home build. Spanning approximately 0.11 acres (4,791 sq ft. zoned RU-1 for single-family use). This cleared parcel offers flexibility for residential development in a convenient urban location with easy access to local amenities, employment hubs, and transportation.

  Betty McGaughey eXp Realty, LLC

  2234 Clayton Ave, Memphis, TN 38108
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  /11

  $59,000

  $6K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 1,216 Sq Ft

  3748 Station Way Unit E3, Memphis, TN 38115

  Look no further! Cash flowing investment opportunity with Section 8 tenant in place at $1,026/month with year lease. No showings without accepted offer. Seller offers 5237 Flowering Peach for sale in the same complex and is also occupied with Section 8 tenant. No sign in yard.

  Frank Colvett REMAX Experts

  3748 Station Way Unit E3, Memphis, TN 38115
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  /30

  $860,000

  • 34 Beds

  3250 Guernsey Ave, Memphis, TN 38112

  BRING ALL OFFERS!!!! 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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  /2

  $160,000

  $15K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,278 Sq Ft

  3588 Kearney Ave, Memphis, TN 38111

  Incredible investment opportunity available with tremendous cash flow and huge potential upside! This property is currently rented for $1450/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

  3588 Kearney Ave, Memphis, TN 38111
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  /7

  $474,900

  • 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 - $1,295 - 02/28/2026 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
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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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  /16

  $93,900

  $6K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 875 Sq Ft

  891 Par Ave, Memphis, TN 38127

  Move-In ready, renovated 3br 1ba close to shopping/dining in Frayser. This would make an excellent investment opportunity, or owner/occupant! Solid surface flooring, updated kitchen and bath. Updated light fixtures! Turn-Key! Vacant, easy to show!

  Caleb Parr Renshaw Company, REALTORS

  891 Par Ave, Memphis, TN 38127
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  /20

  $175,000

  $25K PRICE DROP

  • 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 3739 Spottswood.

  Crystal Mitchell Renshaw Company, REALTORS

  582 Watson St, Memphis, TN 38111
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  /2

  $9,000

  $2K PRICE DROP

  • Land
  • 5,662 Sq Ft
  • $69,231 per Acre

  1047 Latham St, 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

  1047 Latham St, Memphis, TN 38106
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  /17

  $49,900

  $10K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,224 Sq Ft

  1081 Talley Place, Memphis, TN 38106

  Investor special in the heart of 38106! Duplex at 1079 & 1081 Talley Place offering two 1BR/1BA units, each featuring a separate entrance, great room, kitchen and private bedroom layout. Property includes wrought iron security doors, chain fenced backyard and individual front entries. Ideal opportunity for buy-and-hold investors, rental portfolio expansion, or value-add renovation project. Strong

  Melissa Blume Thompson eXp Realty

  1081 Talley Place, Memphis, TN 38106
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  /10

  $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.

  Brett Bernard The Stamps Real Estate Company

  1725 Ontario Ave, Memphis, TN 38127
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  /20

  $79,900

  • 3 Beds
  • 1 Bath
  • 1,343 Sq Ft

  1511 Elkwood St, Memphis, TN 38111

  Great opportunity for rental investment or fix & flip in 38111. New roof in 2024. Property in need of rehab but structurally sound. Large den on back with covered patio. Owner is selling AS IS for cash. No blind offers, wholesalers, or assignment contracts will be considered. Close Trak, Greg Ziskind, Attorney to hold earnest money and close for seller. 5860 Ridgeway Center Pkwy. Ste. 101

  Lowell Brister Leco Realty, Inc.

  1511 Elkwood St, Memphis, TN 38111
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  /40

  $299,999

  • 4 Beds
  • 2 Baths
  • 2,291 Sq Ft

  2528 Union Ave, Memphis, TN 38112

  Duplex opportunity in a prime Midtown location offering strong investment potential and excellent condition. Well-maintained property featuring two residential units with functional layouts and strong rental appeal. Recent improvements include a new roof, newer HVAC systems (approx. 1 year old), updated electrical panels, and exterior paint (approx. 1 year old). Both units feature updated light

  Erica Martin Real Estate Agency

  2528 Union Ave, Memphis, TN 38112
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  /2

  $150,000

  • 3 Beds
  • 2 Baths
  • 1,663 Sq Ft

  777 S Prescott St, Memphis, TN 38111

  Calling all investors, tenant occupied property currently rented at $1345 a month with lease sending 04/30/2026, with professional management in place. Add this spacious 3 bed/ 2 bath home with garage to your investment portfolio for only 150k in East Memphis.

  Amanda Kirkman KAIZEN Realty, LLC

  777 S Prescott St, Memphis, TN 38111
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  /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
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  /31

  $229,000

  • 2 Beds
  • 2 Baths
  • 1,038 Sq Ft

  95 Marne St, Memphis, TN 38111

  Open House Saturday, May 9th - 11am -1pm. Prime Memphis location with unbeatable convenience—less than 5 minutes to the University of Memphis. Located north of campus and close to dining, shopping, and everyday amenities, plus convenient to the UT Health Science Center. Renovated 2 bed / 2 bath cottage with charm throughout—plantation shutters, arched doorways, plank wood ceilings, and hardwood

  Theresa Cook eXp Realty, LLC

  95 Marne St, Memphis, TN 38111

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