Investment - Homes for Sale in Memphis, TN

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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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  $525,000

  • Land
  • 3.34 Acres
  • $157,186 per Acre

  5151 Hacks Cross Rd, Memphis, TN 38125

  Unlock one of the most strategically positioned land opportunities in Southeast Shelby County. This 3.34-acre parcel on Hacks Cross Road offers exceptional visibility, strong traffic counts, and direct access to one of the region’s fastest-growing commercial corridors. This tract sits in a high-demand zone where Collierville, Memphis, and unincorporated Shelby County converge—an area known for

  Daryl Lewis Infinity Group REALTORS, Inc.

  5151 Hacks Cross Rd, Memphis, TN 38125
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  $54,900

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 990 Sq Ft

  770 E Davant Ave, Memphis, TN 38106

  Brick home that is priced to sell. Long driveway, hardwood floors, painted cabinets, big bedrooms, nice floorplan. This home could be very nice once rehabbed. Could be a great primary residence or investment property. Many homes in this area are being rehabbed and sold for more money. Cash offers only. ONLINE VIDEO AVAILABLE UPON REQUEST. No wholesales, no assignments.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  770 E Davant Ave, Memphis, TN 38106
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  /5

  $65,000

  • 2 Beds
  • 2 Baths
  • 1,102 Sq Ft

  3990 Grahamdale Cir Unit 3990A, Memphis, TN 38122

  Great investment opportunity! This tenant-occupied, Section 8 condo offers immediate cash flow with current monthly rental income of $1,200. Located in the established Grahamwood Condominiums, this spacious 2-bedroom, 2-bath unit features approximately 1,140 square feet, a functional two-story floor plan, private patio, and assigned parking. Conveniently located near shopping, dining, major

  Tanika Bland BEST Real Estate Company

  3990 Grahamdale Cir Unit 3990A, Memphis, TN 38122
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  $95,000

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 946 Sq Ft

  3342 Ashland St, Memphis, TN 38127

  Currently leased at $895 per month through 03/10/2028. Investor-ready single-family home offering strong rental appeal and long-term value potential. Features a functional layout, durable finishes, bright living spaces, and practical kitchen and bath areas with recent seller improvements. The exterior offers solid curb appeal and a usable yard, creating a low-maintenance investment opportunity.

  James Wachob Foundation Property Management

  3342 Ashland St, Memphis, TN 38127
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  $115,000

  • 2 Beds
  • 1 Bath
  • 1,145 Sq Ft

  1797 Dupont Ave, Memphis, TN 38127

  Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1.5 baths. Currently renting for $1,495 per month. so as not to disturb tenants inspection scheduled after an accepted offer.

  Harry Samuels Pinnacle Realty

  1797 Dupont Ave, Memphis, TN 38127
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  /4

  $4,500

  • Land
  • 4,791 Sq Ft
  • $40,909 per Acre

  136 W Norwood Ave, Memphis, TN 38109

  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

  136 W Norwood Ave, Memphis, TN 38109
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  /28

  $254,250

  $6K PRICE DROP

  • 4 Beds
  • 2 Baths

  1868 Vollintine Ave, Memphis, TN 38107

  Turn-key duplex investment opportunity just minutes from Rhodes College, Memphis Zoo, and the heart of Midtown. Ideal for investors seeking strong rental income or owner-occupants looking to offset their mortgage. Fully renovated in 2022, updates include a new roof, HVAC systems, refinished hardwood floors, and beautifully updated kitchens and baths. Major systems have been upgraded, making this

  Caleb Parr Renshaw Company, REALTORS

  1868 Vollintine Ave, Memphis, TN 38107
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  $80,000

  • 3 Beds
  • 1 Bath
  • 854 Sq Ft

  4530 Beacon Hill Dr, Memphis, TN 38127

  Why rent when you can own? This well-maintained one-level home offers an affordable opportunity to enjoy the benefits of home ownership without taking on a major renovation project. The spacious layout is designed for everyday living, with durable new luxury vinyl plank flooring in the main living areas and plenty of natural light throughout. The kitchen has been refreshed with new cabinets and

  Melissa Blume Thompson eXp Realty

  4530 Beacon Hill Dr, Memphis, TN 38127
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  /27

  $145,900

  $2K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,456 Sq Ft

  4386 Melwood St, Memphis, TN 38109

  Looking for a move-in ready home with updates, space, and exciting growth all around? This beautifully updated 4-bedroom, 2-bath home in the heart of Westwood is one you don't want to miss! Renovated kitchen, Updated bathrooms Brand new roof, Spacious floor plan Huge yard perfect for entertaining, gardening, or family gatherings Covered parking for added convenience Location Highlights: Situated

  Cassandra Bell-Warren 4 Success Realty, LLC

  4386 Melwood St, Memphis, TN 38109
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  $92,000

  • 2 Beds
  • 1 Bath
  • 747 Sq Ft

  2545 Spottswood Ave, Memphis, TN 38114

  Turnkey cash flowing investment opportunity. Generating $1,000 per month with lease in place until 4/2027. Annual gross income 12,000 offering approximately 12.6 percent gross yield at current list price. Fully renovated. New A/C and Furnace. Low maintenance asset positioned for immediate return.Perfect for DSCR LOAN Option or Cash Buyer. Owner Financing Available ***DO NOT DISTURB TENANT*** Sold

  Tiffany Brown The Home Partners Realty

  2545 Spottswood Ave, Memphis, TN 38114
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  $109,900

  $15K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,105 Sq Ft

  3463 Tutwiler Ave, Memphis, TN 38122

  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

  3463 Tutwiler Ave, Memphis, TN 38122
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  /13

  $236,000

  • 4 Beds
  • 1,725 Sq Ft

  155 N Merton St, Memphis, TN 38112

  Fully renovated duplex offering an excellent turnkey investment opportunity. Renovated in 2023, this property features two 2-bedroom, 1-bath units with a total of 1,725 SF. Providing immediate rental income totaling $2,235 per month. Built in 1947 and updated with modern finishes while maintaining its character. A great opportunity to add a cash-flowing property to your investment portfolio.

  Jonathan Minerick homecoin.com

  155 N Merton St, Memphis, TN 38112
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  /2

  $84,000

  $6K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,135 Sq Ft

  1964 Clifton Ave, Memphis, TN 38127

  Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1 baths. Currently renting for $750.00 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over 15 other rental houses available also.

  Harry Samuels Pinnacle Realty

  1964 Clifton Ave, Memphis, TN 38127
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  $86,400

  $9K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 844 Sq Ft

  2741 Margot St, Memphis, TN 38118

  Fantastic investment opportunity in the Shelby area. This 2br/1 bath single-family home is in the 38118 area. Cash flowing with a monthly rental amount of $995/month. The lease ends on 8/31/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  2741 Margot St, Memphis, TN 38118
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  $199,000

  $26K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 2,854 Sq Ft

  1577 North Pkwy, Memphis, TN 38112

  Fully leased duplex offering immediate cash flow in a prime Midtown Memphis location. This well-maintained property features two income-producing units with strong rental history and stable tenants in place. Each unit offers functional layouts with comfortable living spaces, making it an attractive and reliable addition to any portfolio. Located along N Parkway with convenient access to Overton

  Palmer Gardner CrestCore Realty MphsBrokerage

  1577 North Pkwy, Memphis, TN 38112
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  $90,000

  • 4 Beds
  • 1 Bath
  • 1,168 Sq Ft

  3673 Suzanne 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

  3673 Suzanne Dr, Memphis, TN 38127
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  $12,000

  • Land
  • 3,484 Sq Ft
  • $150,000 per Acre

  762 Leath St, Memphis, TN 38107

  Great opportunity to build on this residential lot located at 762 Leath St, in Memphis, TN 38107. Whether you’re a builder, investor, or future homeowner, this property offers solid potential for new construction or your next investment project. Situated with convenient access to major roadways and surrounding Memphis areas, this lot provides a great chance to bring your vision to life. With

  Jonathan Nunez Fast Track Realty, LLC

  762 Leath St, Memphis, TN 38107
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  $180,000

  • Land
  • 14,810 Sq Ft
  • $529,412 per Acre

  1412 Madison Ave, Memphis, TN 38104

  Priced to sell! This lot is located in one of Midtown Memphis’ most recognizable and heavily traveled corridors, offering excellent visibility and consistent traffic ideal for business development or future investment. The property may be purchased individually or as part of a package with 1400 Madison Avenue. The total asking price for both properties (1400 & 1412 Madison Ave) is $455,000.

  Benjamin Winston KAIZEN Realty, LLC

  1412 Madison Ave, Memphis, TN 38104
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  $4,500

  • Land
  • 4,356 Sq Ft
  • $45,000 per Acre

  0 Person W Unit 10218028, Memphis, TN 38109

  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

  0 Person W Unit 10218028, Memphis, TN 38109
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  /2

  $5,000

  • Land
  • 3,484 Sq Ft
  • $62,500 per Acre

  0 S Lauderdale St Unit 10227597, Memphis, TN 38103

  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

  0 S Lauderdale St Unit 10227597, Memphis, TN 38103
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  $12,000

  • Land
  • 3,049 Sq Ft
  • $171,429 per Acre

  0 Mccomb Ave, Memphis, TN 38107

  Vacant lot for sale! Located on McComb Ave, this parcel offers a buildable site in a residential neighborhood. Close to local amenities and major roads. Buyer to verify zoning, utilities, and permitted uses. Perfect for new construction or investment.

  Joshua Moss KAIZEN Realty, LLC

  0 Mccomb Ave, Memphis, TN 38107
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  /20

  $209,900

  • 4 Beds
  • 2 Baths
  • 1,710 Sq Ft

  3545 Kearney Ave, Memphis, TN 38111

  LOOKING FOR A HOME OR INVESTMENT NEAR THE UNIVERSITY OF MEMPHIS? CHECK OUT THIS ONE TO SEE IF IT'S WHAT YOUR LOOKING FOR. THIS HOME HAS FENCED IN BACKYARD AND A LOT OF SPACE ON INSIDE. THIS HOME IS 3 MINUTES FROM THE CAMPUS OF THE UNIVERSITY OF MEMPHIS AND RESTURANTS, SHOPPING, ENTERTAINMENT ARE ALL WITHIN WALKING DISTANCE OF THIS HOME. SHOW AND BRING AN OFFER, SELLER WILLING TO WORK WITH

  Juan Brooks Process Realty Services

  3545 Kearney Ave, Memphis, TN 38111
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  /2

  $200,000

  • Land
  • 15.09 Acres
  • $13,254 per Acre

  0 Raleigh Lagrange Rd Unit 10223415, Memphis, TN 38134

  15 acres within Memphis! Perfect investment opportunity for builders! Access to land through neighborhood. Convenient location with easy access to shopping, dining, and major roadways. Buyer to verify lot size, utilities, zoning, and any building requirements.

  Casey McCarroll Sowell, Realtors

  0 Raleigh Lagrange Rd Unit 10223415, Memphis, TN 38134
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  $99,900

  • 3 Beds
  • 1 Bath
  • 1,068 Sq Ft

  1198 Canary Ln, Memphis, TN 38109

  Tenant-occupied 3 bed with a charming brick exterior. Inside, your tenant will enjoy low-maintenance plank flooring in kitchen and living areas, tile in the baths and cozy carpet in the bedrooms. The fenced backyard offers space for entertaining friends and family. This property is an excellent addition to any investment portfolio, with a tenant in place. Professionally managed for added peace of

  Camela Henke Enterprise, REALTORS

  1198 Canary Ln, Memphis, TN 38109
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  /13

  $39,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,050 Sq Ft

  2495 Winnona Ave, Memphis, TN 38108

  This great investment will not last long. Easy to view. Plenty of space with 2 living rooms. With all offers please submit proof of funds or commitment letter. The seller would prefer buyer view interior before making any offers. The kitchen is an open floor plan.

  Micah Layman Ware Jones, REALTORS

  2495 Winnona Ave, Memphis, TN 38108
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  /23

  $184,900

  • 3 Beds
  • 1 Bath
  • 1,424 Sq Ft

  222 Leath St, Memphis, TN 38105

  A Great Investment Opportunity. If you're looking for your next project this is it. Downtown location near the medical district with lots of opportunity. In the center of everything you would need. The opportunities currently in downtown consist of downtown revitalization, historic renovations, and the potential for high-yield, residential, or commercial projects in a business-friendly area. TN

  Lisa Nelson Exit Wise Master-Builders Real

  222 Leath St, Memphis, TN 38105
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  /2

  $74,000

  • 2 Beds
  • 1 Bath
  • 968 Sq Ft

  1715 Whitney Ave, Memphis, TN 38127

  Fantastic Frayser Investment Opportunity on a Sprawling Lot! Investors and savvy buyers, don't miss out on 1715 Whitney Avenue! This solid 1949-built detached single-family home features 2 comfortable bedrooms, 1 bathroom, and a functional 5-room layout stretching across 968 sq. ft. of living space. A massive selling point for this property is the incredible 0.40-acre lot ($100 \times 175$ ft),

  Curtis Bleeker KAIZEN Realty, LLC

  1715 Whitney Ave, Memphis, TN 38127
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  $99,000

  $11K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 858 Sq Ft

  3636 Spottswood Ave Unit 3, Memphis, TN 38111

  INVESTMENT OPPORTUNITY! This 2 bd/1ba condo is currently tenant occupied. Rented for $1150/mo. Right across the street from the University of Memphis! LVP throughout, new water heater, fresh paint, new cabinets, and electrical outlets have been updated. Start cash flowing right away. Showings only with an acceptable offer.

  Kelly Day SimpliHOM

  3636 Spottswood Ave Unit 3, Memphis, TN 38111
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  $90,000

  • 3 Beds
  • 1 Bath
  • 1,004 Sq Ft

  3679 Suzanne Dr, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $1,014 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

  3679 Suzanne Dr, Memphis, TN 38127
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  /2

  $60,274

  • 3 Beds
  • 1 Bath
  • 962 Sq Ft

  2404 Hernando Rd, Memphis, TN 38106

  Investment opportunity. Current tenants (2) have lived in home for approximately 2 years.

  Dianne Wilson-Hayden Crye-Leike, Inc., REALTORS

  2404 Hernando Rd, Memphis, TN 38106
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  $160,000

  • 3 Beds
  • 2 Baths
  • 1,985 Sq Ft

  3312 University St, Memphis, TN 38127

  Turnkey investment opportunity. Tenant already in place through April 2027 and rented at $1,285/month. This 3BR/2BA home with 1,985 SF was fully renovated in 2022, including new roof, updated mechanicals, and all interior finishes. Low-maintenance property ideal for an investor seeking immediate cash flow and long-term rental potential. Spacious layout, updated condition, and established tenancy

  Chad Woelke Heritage Homes Co.

  3312 University St, Memphis, TN 38127
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  $12,000

  • Land
  • 2,178 Sq Ft
  • $240,000 per Acre

  0 Red Oak St, Memphis, TN 38112

  Vacant residential parcel. Buildable lot with nearby homes and community amenities. Convenient location near local shopping, schools, and transportation. Utilities available nearby (buyer to verify). Ideal for custom home building or investment.

  Joshua Moss KAIZEN Realty, LLC

  0 Red Oak St, Memphis, TN 38112
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  $144,900

  • 3 Beds
  • 2 Baths
  • 1,294 Sq Ft

  4991 Penwood Cove, Memphis, TN 38118

  Welcome to well-maintained all-brick home tucked away on a quiet cove in the heart of Memphis. Thoughtfully renovated approximately four years ago, this home offers the peace of mind that comes with major updates already completed, including a *new roof and HVAC system*, allowing the next owner to focus on enjoying their new home rather than costly repairs. Inside, you'll find a functional layout

  Marija Tomic ResiAmerica, Inc.

  4991 Penwood Cove, Memphis, TN 38118
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  $159,900

  • 4 Beds
  • 2 Baths
  • 1,742 Sq Ft

  2629 Tutwiler Ave, Memphis, TN 38112

  Fantastic investment opportunity in the Shelby area. This 4br/2 bath Duplex is in the 38112 area. Unit 2629 is Vacant. Unit 2631 is occupied for $839/month. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  2629 Tutwiler Ave, Memphis, TN 38112
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  $240,000

  $30K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 2,294 Sq Ft

  3280 Carnes Ave, Memphis, TN 38111

  Great investment opportunity!!! Fully renovated and move-in ready, this spacious home at 3280 Carnes offers 4 bedrooms plus a bonus room that could easily serve as a 5th bedroom. With two full bathrooms downstairs and a convenient half bath upstairs, the layout provides flexibility for families, guests, or work-from-home needs. Recent updates include fresh interior paint, new windows, and two

  Eric Earles Fast Track Realty, LLC

  3280 Carnes Ave, Memphis, TN 38111
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  /2

  $139,900

  • 3 Beds
  • 1.5 Baths
  • 1,321 Sq Ft

  3048 Kingsgate Ave, Memphis, TN 38118

  Fantastic investment opportunity. Seller has 7 properties for sale. 6 SFH & 1 Duplex. This property is leased at $985/mo. through 10/31/2026. 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

  3048 Kingsgate Ave, Memphis, TN 38118
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  $124,900

  • 2 Beds
  • 1 Bath
  • 912 Sq Ft

  1456 N Hollywood St, Memphis, TN 38108

  ADORABLE BUNGALOW, completely renovated in 2022. 2 bedroom with a bonus space. 2022 Renovation includes: New roof, new kitchen, newbathroom, new central HVAC system, beautiful new flooring, new lighting, new wood privacy fence with room to park in the fenced area, new windows and Securitydoors. Fantastic addition to your investment portfolio or excellent home for a buyer. Make your appointment

  LaJuana Miller KAIZEN Realty, LLC

  1456 N Hollywood St, Memphis, TN 38108
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  $204,900

  $5K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 2,232 Sq Ft

  5011 Lake Valley Cove, Memphis, TN 38141

  Ready for your next project? This house just needs a little updating, cleaning, and refreshing to bring it back to life. Ideal for DIY homeowners who are not afraid of a little sweat equity or investors looking for their next buy-and-hold. It will make a great investment property. Sellers are investors and have never seen the property. The property is priced below market to reflect needed

  Ryan Flannery Premier Realty Group, LLC

  5011 Lake Valley Cove, Memphis, TN 38141
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  /2

  $5,000

  • Land
  • 8,712 Sq Ft
  • $25,000 per Acre

  664 Lucy 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

  664 Lucy Ave, Memphis, TN 38106

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