Investment - Homes for Sale in Memphis, TN

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  $185,000

  • 4 Beds
  • 4 Baths
  • 2,709 Sq Ft

  996 University St, Memphis, TN 38107

  Great Occupied investment Opportunity! Duplex! This property is currently occupied by a tenant in one unit who is paying $895 per month and is on a lease from 4/15/2026 until 4/14/2028. The other unit is occupied by a tenant who has been in the home since 2020 and is on a lease until 4/30/26 - They are paying $885 per month and have been sent a renewal but it is not signed yet. There is

  Alex Evans Reedy & Company, REALTORS

  996 University St, Memphis, TN 38107
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  $120,000

  • 4 Beds
  • 1.5 Baths
  • 1,234 Sq Ft

  599 Blackhawk Rd, Memphis, TN 38109

  INVESTERS ONLY. Tenant occupied 4 bed 1.5 bath home. Rent is $1177/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 4973 Longtree, 4395 Ann Arbor, and 80 E. Bodley

  Tyler Tapley Crye-Leike, Inc., REALTORS

  599 Blackhawk Rd, Memphis, TN 38109
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  $129,900

  • 3 Beds
  • 1 Bath
  • 965 Sq Ft

  646 Leacrest Ave, Memphis, TN 38109

  You wouldn't be looking at this if you weren't searching for a new home—and congratulations, you may have just found it. Welcome to this refreshed 3-bedroom, 1-bath home in Chickasaw Village, offering the perfect blend of comfort, value, and opportunity. Whether you're a first-time homebuyer or an expanding family looking for more space, this move-in ready home is ready for its next chapter.

  Laszlo Nguyen Heckler eXp Realty, LLC

  646 Leacrest Ave, Memphis, TN 38109
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  $105,000

  $15K PRICE DROP

  • 4 Beds
  • 1 Bath
  • 1,158 Sq Ft

  741 E Trigg Ave, Memphis, TN 38106

  Meticulously renovated from top to bottom, this turnkey investment property is the perfect addition to any new or seasoned investor's portfolio. Nearly every major component has been updated, including a new roof, HVAC system and water heater, giving you peace of mind and minimal maintenance cost for years to come. The interior has been beautifully refreshed, creating a space tenants will love.

  Jacob Laurence Keller Williams

  741 E Trigg Ave, Memphis, TN 38106
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  $173,700

  • Land
  • 29.6 Acres
  • $5,868 per Acre

  0 Hawkins Mill Rd Unit 10136864, Memphis, TN 38127

  Tremendous investment opportunity for those looking to build! HUGE parcel of land in a popular area of 38127, directly behind Hawkins Mill Elementary. This is near the new Amazon & Nike facilities. Affordable price per acre, frontage along Hawkins. Over 29 acres offered. Could be a great development one day. There was additional adjacent acreage that was recently bought by another owner so a lot

  Tyler Tapley Crye-Leike, Inc., REALTORS

  0 Hawkins Mill Rd Unit 10136864, Memphis, TN 38127
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  $20,500

  $15K PRICE DROP

  • Land
  • 7,840 Sq Ft
  • $113,889 per Acre

  1040 Rozelle St, Memphis, TN 38114

  Opportunity to build your next investment property or home.

  Andre Pruitt TRG Real Estate Services, LLC

  1040 Rozelle St, Memphis, TN 38114
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  $94,500

  • 3 Beds
  • 2.5 Baths
  • 1,366 Sq Ft

  5523 Quail Thicket Dr, Memphis, TN 38134

  Turnkey investment opportunity! This tenant-occupied 3-bedroom, 2.5-bath townhome is currently generating $1,200 per month in rental income, offering immediate cash flow for investors. Located in the established Quail Run Townhomes community, this approximately 1,365-square-foot home features a spacious two-story floor plan, a fireplace, covered parking, and a private fenced patio.

  Tanika Bland BEST Real Estate Company

  5523 Quail Thicket Dr, Memphis, TN 38134
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  $159,900

  • 3 Beds
  • 2 Baths
  • 1,615 Sq Ft

  3618 Shoreham Dr, Memphis, TN 38118

  Fantastic investment opportunity. Seller has 7 properties for sale. 6 SFH & 1 Duplex. This property is on a month-to-month lease at $969/mo. Providing immediate cash flow while you plan your future value-add strategy. Please do not disturb the tenant. Property being sold as-is. No wholesalers, or creative financing. Showings/Inspections after contract. This property is currently being

  Benjamin Reed Reed & Associates of Tenn, LLC

  3618 Shoreham Dr, Memphis, TN 38118
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  $27,500

  • Land
  • 6,969 Sq Ft
  • $171,875 per Acre

  0 Jennette St, Memphis, TN 38126

  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 Jennette St, Memphis, TN 38126
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  $199,000

  $6K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,579 Sq Ft

  1457 S Cooper St, Memphis, TN 38114

  Turnkey duplex investment opportunity with both units currently leased, producing $1,440/month in gross rental income. This cash-flowing property offers immediate income from day one with established tenants already in place, minimizing vacancy risk and providing a smooth transition for the next owner. Ideally positioned in Midtown Memphis, just minutes from the vibrant districts of Cooper-Young

  Eric Earles Fast Track Realty, LLC

  1457 S Cooper St, Memphis, TN 38114
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  $7,500

  • Land
  • 2,178 Sq Ft
  • $150,000 per Acre

  0 Red Oak Ave, Memphis, TN 38112

  Great opportunity to build a home or investment property on this vacant lot in Memphis. Buyer to verify lot dimensions, zoning, utilities, and any building requirements. Convenient access to major roadways and local amenities.

  Crystal Mitchell Renshaw Company, REALTORS

  0 Red Oak Ave, Memphis, TN 38112
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  $114,900

  • 3 Beds
  • 1 Bath
  • 979 Sq Ft

  4224 Arrowhead Rd, Memphis, TN 38118

  Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38118 area. Cash flowing with a monthly rental amount of $1,100/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

  4224 Arrowhead Rd, Memphis, TN 38118
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  $75,000

  $5K PRICE DROP

  • Land
  • 3.9 Acres
  • $19,231 per Acre

  0 W Shelby Dr, Memphis, TN 38109

  Prime opportunity to acquire approximately 3.9 acres of commercially zoned mixed-use land in Southwest Memphis! Located on West Shelby Drive with approximately 270 feet of road frontage, this property offers excellent visibility and accessibility for a variety of development opportunities. Positioned near the intersection of Shelby Drive and Weaver Road and directly across from Dalstrom Park,

  April Davis KAIZEN Realty, LLC

  0 W Shelby Dr, Memphis, TN 38109
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  $90,000

  • 3 Beds
  • 1 Bath
  • 962 Sq Ft

  2190 Gayle Ave, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $995 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

  2190 Gayle Ave, Memphis, TN 38127
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  $17,000

  • Land
  • 5,662 Sq Ft
  • $130,769 per Acre

  1141 Breedlove St, Memphis, TN 38107

  Great Investment opportunity!! Jump in on the ground floor of the huge development project slated for Klondike. Northside High School is being transformed by a 78 million redevelopment into a community hub, very similar to Crosstown's revival.

  Michelle Koeppen Ware Jones, REALTORS

  1141 Breedlove St, Memphis, TN 38107
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  $65,000

  • 2 Beds
  • 1 Bath
  • 840 Sq Ft

  1616 Harmen St, Memphis, TN 38108

  Attention Investors and Rehabbers! Opportunity awaits at 1616 Harmen St. This property needs substantial renovation but offers strong upside potential for those looking to add value. Conveniently located near major transportation routes, including I-40, this home could be an excellent addition to an investment portfolio, rental inventory, or fix-and-flip project. Sold as-is. Cash or renovation

  Silvana Piadade eXp Realty, LLC

  1616 Harmen St, Memphis, TN 38108
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  $49,900

  • 2 Beds
  • 2 Baths
  • 955 Sq Ft

  2789 Sonora Dr Unit 1, Memphis, TN 38115

  Turnkey investment opportunity! This tenant-occupied 2-bedroom, 2-bath condo is generating $850 per month in rental income and is ideal for investors looking to add to their portfolio. Located in The Hamlets community, this one-level condo offers approximately 960 square feet, a functional floor plan and patio. The HOA covers exterior maintenance, helping reduce ownership responsibilities.

  Tanika Bland BEST Real Estate Company

  2789 Sonora Dr Unit 1, Memphis, TN 38115
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  $300,000

  $99K PRICE DROP

  • 5 Beds
  • 2.5 Baths
  • 6,819 Sq Ft

  1108 Whitehaven Ln, Memphis, TN 38116

  Fantastic opportunity for a unique Whitehaven property with lots of options. Sitting on 1.1 acres you will find 3 houses. The main house features 5 bedrooms and 2.5 baths at over 4000 sq ft. There are 2 large dens, separate living room, sitting parlor and a private office off the primary suite. 3 fireplaces add to the elegance. A formal dining room for entertaining. A covered patio overlooks the

  Jason Gaia BHHS McLemore & Co. Realty

  1108 Whitehaven Ln, Memphis, TN 38116
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  $85,000

  • 3 Beds
  • 2 Baths
  • 1,409 Sq Ft

  3592 N Trezevant St, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $755 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

  3592 N Trezevant St, Memphis, TN 38127
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  $465,000

  $24K PRICE DROP

  • 5 Beds

  1954 Manila Ave, Memphis, TN 38114

  Great investment opportunity with income already in place! 1954 Manila Ave is a triplex featuring one 1 bedroom / 1 bath unit and two 2 bedroom / 1 bath units. Two units are currently tenant occupied, offering immediate rental income, while one vacant unit is available for showings — perfect for owner-occupants or investors looking to set their own rental rate. Convenient location with strong

  Brennan Bynum Keller Williams

  1954 Manila Ave, Memphis, TN 38114
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  $125,000

  • 4 Beds
  • 2 Baths
  • 1,300 Sq Ft

  5001 Frankie Ln, Memphis, TN 38109

  AINVESTOR"S SPECIAL!!! TENANT in place with rental income. A cute home, an excellent investment property opportunity or for a buyer looking for the perfect fixer upper. A split bedroom floorplan, with 2 bedrooms down and 2 bedrooms upstairs. Seller has done a minor refresh with new interior paint and new laminate flooring. Five minutes from the interstate and local shopping. A block away from the

  Linitra Washington KAIZEN Realty, LLC

  5001 Frankie Ln, Memphis, TN 38109
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  $91,400

  $9K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,162 Sq Ft

  3246 Chisca Ave, Memphis, TN 38111

  Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38111 area. Cash flowing with a monthly rental amount of $1,040/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

  3246 Chisca Ave, Memphis, TN 38111
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  $135,000

  $5K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,108 Sq Ft

  3755 Fairmont Ave, Memphis, TN 38122

  Turnkey duplex investment opportunity at 3755 Fairmont in Memphis! This income-producing property features two units, one unit is currently rented at $650/month, delivering immediate cash flow from day one. Ideal for investors seeking steady returns, the property offers strong rental demand in a consistently performing market. Each unit provides comfortable living space, making it attractive to

  Stephen Akindona Kairos Realty

  3755 Fairmont Ave, Memphis, TN 38122
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  $4,000

  • Land
  • 5,227 Sq Ft
  • $33,333 per Acre

  258 Gaston Ave, Memphis, TN 38106

  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 inareas experiencing continuedrevitalization and strong rental demand. Portfolio includes the following properties:

  Austin Rowe Onward Real Estate

  258 Gaston Ave, Memphis, TN 38106
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  $7,000

  $3K PRICE DROP

  • Land
  • 4,791 Sq Ft
  • $63,636 per Acre

  1191 Wellington St, Memphis, TN 38106

  Mature neighborhood with no HOA requirement. Package deal with 1201 & 1187 Wellington. This corner lot has plenty of potential for your next investment. Bring your offer.

  Stephanie Moss BEST Real Estate Company

  1191 Wellington St, Memphis, TN 38106
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  $295,000

  • Land
  • 11,325 Sq Ft
  • $1,134,615 per Acre

  114 Founders Ln, Memphis, TN 38103

  Prime opportunity to build your dream home or investment property in the heart of Downtown Memphis! This .26-acre corner lot is ideally situated on Founders Lane, offering the perfect balance of urban convenience and serene living. Enjoy stunning river views and easy access to Memphis' best attractions, including the Mississippi Riverfront, Bass Pro Shops, and the lively Beale Street district.

  Sherry Cole John Green & Co., REALTORS

  114 Founders Ln, Memphis, TN 38103
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  $75,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 797 Sq Ft

  1509 Fairfax St, Memphis, TN 38108

  Freshly painted and nicely rehabbed starter home or investment property. Move-in ready & easy to show.

  Jessie Lucas Niter & Associates

  1509 Fairfax St, Memphis, TN 38108
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  $145,000

  • 5 Beds
  • 1.5 Baths
  • 2,074 Sq Ft

  865 N Belvedere Blvd, Memphis, TN 38107

  Attention investors, renovators, and fixer-uppers! Unlock the potential of this historic gem in the sought-after Vollintine-Evergreen Historic District. This home offers spacious rooms, soaring ceilings, original hardwood floors throughout, and tile flooring in the kitchen. The kitchen and bathrooms are ready for renovation, providing the perfect opportunity to add value. 3 bedrooms, one bath,

  Lois Dennison Crye-Leike, Inc., REALTORS

  865 N Belvedere Blvd, Memphis, TN 38107
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  $85,000

  • 3 Beds
  • 2.5 Baths
  • 1,398 Sq Ft

  1776 First Green Dr Unit 21, Memphis, TN 38116

  Spacious Move-In Ready Condo! Ideal as a starter home or investment property, this newly refurbished condo offers plenty of living space and is vacant and ready for immediate occupancy. Features include a large den with fireplace, kitchen with eat-in bar, 3 bedrooms, and 2.5 bathrooms. Laminate flooring runs throughout the home, with tile flooring in the kitchen and bathrooms. HVAC replaced in

  Jeremy Veldman KAIZEN Realty, LLC

  1776 First Green Dr Unit 21, Memphis, TN 38116
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  $170,000

  • 2 Beds
  • 1 Bath
  • 1,367 Sq Ft

  3524 James Rd, Memphis, TN 38128

  Rare opportunity to own 5 acres in Memphis! This charming 2-bedroom, 1-bath home offers endless possibilities for those seeking privacy, room to expand, or the opportunity to build a custom dream home (subject to applicable approvals). Whether you're dreaming of creating your own private estate, enjoying room to garden and entertain, or simply embracing the peace and serenity of country-style

  Jason Wallace Keller Williams Realty

  3524 James Rd, Memphis, TN 38128
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  $114,900

  • 3 Beds
  • 1.5 Baths
  • 1,642 Sq Ft

  4938 Cromwell Ave, Memphis, TN 38118

  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

  4938 Cromwell Ave, Memphis, TN 38118
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  $125,000

  $15K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,298 Sq Ft

  3832 Lake Park Cove, Memphis, TN 38127

  Your Perfect 4-Bedroom Investment Property Awaits. This spacious, 4-bedroom, 2-bathroom home, built in 2021, is a must-see for investors. Boasting an open floor plan, this home is ready for immediate move-in and easy to lease. Situated in a rapidly growing area, Frayser is undergoing nearly $60 million in new developments, including a brand-new high school that will elevate the neighborhood’s

  Anna Bishop Crye-Leike, Inc., REALTORS

  3832 Lake Park Cove, Memphis, TN 38127
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  $150,000

  $15K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,253 Sq Ft

  3011 Beauchamp Dr, Memphis, TN 38118

  Solid investment opportunity in Memphis. This 3 bedroom 1.5 bathroom property at 3011 Beauchamp Dr is tenant occupied and currently rented for $984.95 per month, providing immediate income for an investor looking to add to their portfolio. With steady cash flow already in place, this property offers a practical option for both new and experienced investors seeking rental income. Located in an

  Jose Adan Leal Garcia Fast Track Realty, LLC

  3011 Beauchamp Dr, Memphis, TN 38118
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  $90,000

  • 3 Beds
  • 1.5 Baths
  • 1,429 Sq Ft

  3101 Signal St, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $650 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

  3101 Signal St, Memphis, TN 38127
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  $95,000

  • 3 Beds
  • 1 Bath
  • 1,844 Sq Ft

  3680 Irma St Unit 70764, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $885 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

  3680 Irma St Unit 70764, Memphis, TN 38127
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  /2

  $99,000

  • 3 Beds
  • 1.5 Baths
  • 1,031 Sq Ft

  3553 Gowan Dr, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $1,100 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

  3553 Gowan Dr, Memphis, TN 38127
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  $99,900

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 858 Sq Ft

  3622 N Lloyd Cir, Memphis, TN 38108

  Discover 3622 N Lloyd Cir, a 2-bedroom, 1-bathroom home that’s already generating income at $1,100 per month. The current tenant is in place, giving investors a smooth, hassle-free start with instant cash flow. A practical layout and great investment fundamentals, this home is an excellent option for those looking to grow their portfolio or secure a property with built-in income.

  Jonathan Nunez Fast Track Realty, LLC

  3622 N Lloyd Cir, Memphis, TN 38108
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  $75,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4522 Sunny View Dr, Memphis, TN 38127

  Currently leased at $815 per month through 05/09/2027. Turnkey investment opportunity featuring a well-maintained 3-bedroom, 1-bath home with timeless appeal and strong rental potential. Interior highlights include beautiful hardwood floors, a bright and inviting living area, central heat and air, window coverings, and an efficient floor plan designed for comfortable living. The property shows

  James Wachob Foundation Property Management

  4522 Sunny View Dr, Memphis, TN 38127
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  /2

  $7,000

  $3K PRICE DROP

  • Land
  • 3,049 Sq Ft
  • $100,000 per Acre

  1187 Wellington St, Memphis, TN 38106

  This vacant lot offers the perfect spot for your next investment. Package deal with 1191 & 1201 Wellington. Conveniently located just minutes from Downtown Memphis. Bring your offer today.

  Stephanie Moss BEST Real Estate Company

  1187 Wellington St, Memphis, TN 38106
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  $109,900

  $15K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 971 Sq Ft

  3302 N Watkins St, Memphis, TN 38127

  Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $1005/month. The 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

  3302 N Watkins St, Memphis, TN 38127

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