Investment - Homes for Sale in Memphis, TN

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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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  $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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  $223,000

  • 4 Beds
  • 2 Baths
  • 1,694 Sq Ft

  1182 Dorothy Place, Memphis, TN 38104

  Turn-key duplex just minutes from everything Memphis has to offer! Each side mirrors the other, creating balance and ease of ownership. With leases in place until August 2026, you can enjoy peace of mind knowing your investment is already secured immediate cash flow. Only 8 minutes to vibrant Downtown Memphis and 7 minutes to the dynamic Crosstown Concourse, yet tucked away in a settled, quiet

  Tamara Manuel BenchMark REALTORS, LLC

  1182 Dorothy Place, Memphis, TN 38104
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  $173,000

  $2K PRICE DROP

  • 5 Beds
  • 2 Baths
  • 1,993 Sq Ft

  1004 N Highland St, Memphis, TN 38122

  PRIME INVESTMENT PACKAGE DEAL: Three income-producing properties (1004-1006 Highland Ave, 1096-1098 Gordon Ave, and 540-542 Berclair RD) for 520,000. Generating $5700 monthly with long-term tenants already in place, offering immediate cash flow and steady returns. Ideal for investors, SOLD AS A PACKAGE ONLY.

  Elizabeth Castillo BEST Real Estate Company

  1004 N Highland St, Memphis, TN 38122
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  /2

  $119,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,511 Sq Ft

  2714 Nix Cove, 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 rentalamount of $1,250/month, month to month. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language willbe accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  2714 Nix Cove, Memphis, TN 38127
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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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  /6

  $139,874

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

  4195 Cedartree Dr, Memphis, TN 38141

  TENANT OCCUPIED BACK ON MARKET BUYER FINANCING What a great start to Homeownership or to build your portfolio!!! This beautifully renovated 2 bedroom 2 FULL bath town home (END UNIT) QUALIFIES for 100% financing & DPA programs. Close to shopping, restaurants & entertainment in both Memphis & Desoto County...this would make the PERFECT home or investment! Downstairs features a family room with a

  Tijuana Wallace Keller Williams

  4195 Cedartree Dr, Memphis, TN 38141
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  /4

  $110,000

  • 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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  $99,900

  • 3 Beds
  • 1 Bath
  • 1,118 Sq Ft

  3627 Trudy Cove, Memphis, TN 38128

  Great opportunity in a quiet Memphis neighborhood! This home features a functional layout with comfortable living space and strong potential for updates or investment. Situated on a spacious lot with a convenient location near schools, shopping, dining, and major roadways for easy access across the city. Ideal for investors or first-time buyers looking to add value. Don’t miss the potential this

  Christopher Stjernholm Trelora Realty

  3627 Trudy Cove, Memphis, TN 38128
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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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  /2

  $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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  /2

  $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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  $225,000

  $14K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,995 Sq Ft

  2377 Jackson Ave, Memphis, TN 38108

  Updated 3 bed, 2 bath home filled with thoughtful upgrades throughout. Original hardwood floors add warmth and character, while the inviting front porch sets the tone from the moment you arrive. Inside, you’ll find beautiful built-ins for added charm and storage, a well-appointed kitchen with stainless appliances and great cabinet space, and updated bathrooms featuring classic subway tile and

  Ashley Tinker Reid, REALTORS

  2377 Jackson Ave, Memphis, TN 38108
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  $254,900

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

  699 Shotwell St, Memphis, TN 38111

  Rare investment opportunity with built in income! Excellent option for homeowners and investors alike. Beautifully updated 3br/2ba house, 2br/1ba detached garage apartment, and studio with 1 bathroom. This home is located in the heart of the University District. The garage apartment is currently occupied at $945 a month. Great for student rental within walking distance to U of M and close to

  Crystal Mitchell Renshaw Company, REALTORS

  699 Shotwell St, Memphis, TN 38111
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  $144,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,232 Sq Ft

  4305 Creekbed Cove, Memphis, TN 38141

  Motivated seller offering an occupied, income-producing investment property—currently rented at $1,169/month with lease through 4/30/2026. Available individually or as part of a portfolio with strong-performing assets. 4566 Fawn Hollow Cv. listed at $160,000 and rented at $1425. Sold AS-IS. Do not disturb tenant. Inspection granted with accepted offer. Great opportunity to expand your rental

  James Johnson Crestcore Realty, LLC

  4305 Creekbed Cove, Memphis, TN 38141
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  $885,000

  $15K PRICE DROP

  • 6 Beds
  • 9,800 Sq Ft

  18 N 2nd St, Memphis, TN 38103

  Exceptional Mixed-Use Investment Opportunity in Downtown Memphis Located in the vibrant heart of Downtown Memphis, this high-value mixed-use complex presents a rare opportunity to invest in a stable and strategically positioned property. Boasting outstanding visibility and consistent foot traffic, the site is just steps from iconic landmarks, including the renowned Peabody Hotel. Key highlights:

  Darlene Butler The Peyton Co., Inc., REALTORS

  18 N 2nd St, Memphis, TN 38103
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  $18,000

  • Land
  • 7,405 Sq Ft
  • $105,882 per Acre

  1539 Marjorie St, Memphis, TN 38106

  Discover the perfect opportunity to build your dream home or investment property. This lot offers convenient access to existing plumbing and electricity, saving you time and money during development. The property provides easy access to major roads, schools, and local amenities—ideal for both homeowners and builders.

  Danielle Adkins Harris Realty Services

  1539 Marjorie St, Memphis, TN 38106
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  $69,900

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 936 Sq Ft

  689 Baltimore St, Memphis, TN 38114

  Excellent investment opportunity in Orange Mound. Seller just did a rent ready.

  Caleb Parr Renshaw Company, REALTORS

  689 Baltimore St, Memphis, TN 38114
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  $59,900

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,110 Sq Ft

  1338 Dunnavant St, Memphis, TN 38106

  Charming 2bed 1bath home with a good floorplan, large fenced yard, located minutes away from multiple parks and the interstate. This can be a great Primary residence or investment property. Home is located on a quiet street. Offered at an excellent price. Many homes in this area are being rehabbed and sold for more money. ONLINE VIDEO AVALABLE ON REQUEST. CASH OFFERS ONLY. Please do all

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1338 Dunnavant St, Memphis, TN 38106
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  $29,999

  • Land
  • 5,662 Sq Ft
  • $230,762 per Acre

  307 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

  307 Leath St, Memphis, TN 38105
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  /2

  $48,500

  • 3 Beds
  • 1 Bath
  • 936 Sq Ft

  1366 Eloise Rd, Memphis, TN 38106

  This vacant property is ready for a new owner and a renovation. This is a great investment opportunity in a prime area for growth. This property is ready for a new owner to realize it's full potential. Call for a private showing!

  Joshua Cooper Sowell, Realtors

  1366 Eloise Rd, Memphis, TN 38106
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  /17

  $45,000

  $35K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 2,290 Sq Ft

  1490 Lockhaven Ave, Memphis, TN 38106

  "Online auction only" 4-bedroom 2.5 bathrooms brick exterior on dead end street. large parking pad. Great investment property to add to your portfolio

  Ed Engelke United Real Estate Mid South

  1490 Lockhaven Ave, Memphis, TN 38106
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  /2

  $9,000

  $2K PRICE DROP

  • Land
  • 7,405 Sq Ft
  • $52,941 per Acre

  1612 Winston Dr, Memphis, TN 38127

  ?? Build Your Dream Home on This Prime Vacant Lot! ?? ?? Location: Subdivision ANS, Winston Dr ?? Lot Size: 7,800 SQ FT (Approx. 65.39 ft x 60 ft x 142 ft x 116 ft) ?? Total Acres: 0.179 This beautiful, ready-to-build lot is waiting for you! With 7,800 square feet, you'll have plenty of space to create your perfect home or investment property. Nestled in the desirable ANS Subdivision on Winston

  Jerry Harris TRG Real Estate Services, LLC

  1612 Winston Dr, Memphis, TN 38127
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  $186,500

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,199 Sq Ft

  1744 Dearing Rd, Memphis, TN 38117

  Great Investment Opportunity - Immediate Income! No yard sign ~ Please do not disturb the tenants. This home blends classic charm with modern updates. This property has a living room and a bonus family room. The primary bedroom is a nice retreat, and the two additional bedrooms provide versatility for guests, home office, or a personal gym. Enjoy outdoor living in the spacious backyard, where the

  Dawn Kinard Welch Realty, LLC

  1744 Dearing Rd, Memphis, TN 38117
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  /15

  $69,900

  • 3 Beds
  • 2 Baths
  • 1,796 Sq Ft

  4440 Coleman Rd, Memphis, TN 38128

  True investment opportunity with high upside. This manufactured home in Memphis is for investors looking at a value-add project with strong potential. The home needs work, but the numbers make sense for a renovation project or rental portfolio addition. Features a spacious layout, a functional interior flow, and easy access to nearby amenities and services. Sold AS IS

  Jennifer Clark Tiger Realty

  4440 Coleman Rd, Memphis, TN 38128
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  /15

  $109,900

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

  810 Northaven Dr, Memphis, TN 38127

  Great Investment Property! County Taxes Only! Professionally Managed! Investors only, tenant occupied don't disturb tenants.Pictures are before tenant moved in. 3bd/1bath renovated in 2022 with new tile floors, updated bathroom, new cabinets & countertops in kitchen, and fenced corner lot. Currently rented at $1050 and tenant in lease until 8/2026. Could be a great investment to your portfolio or

  Monica Bynum Crye-Leike, Inc., REALTORS

  810 Northaven Dr, Memphis, TN 38127
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  $215,000

  • 3 Beds
  • 1.5 Baths
  • 1,547 Sq Ft

  2800 Spring Hill Dr, Memphis, TN 38127

  Discover this beautifully renovated gem! This charming 3 spacious bedrooms and 2 baths has been fully updated with plenty of living space. Step inside to an open-concept kitchen that flows seamlessly; perfect for entertaining or cozy family gatherings. The home features modern, updated appliances throughout, blending contemporary comfort with classic charm. Outside, enjoy a generous

  Marcus Boles Epique Realty

  2800 Spring Hill Dr, Memphis, TN 38127
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  $99,900

  • 3 Beds
  • 1 Bath
  • 979 Sq Ft

  1422 Abernathy Rd, Memphis, TN 38116

  Discover this fantastic investment or starter home opportunity in the heart of the Whitehaven community! This solid 3-bedroom, 1 bathroom brick ranch offers a spacious 979 sq. ft. layout with a separate living room, dining area, and a cozy den perfect for family gatherings. The home sits on a generous, level lot with a fully fenced backyard, offering plenty of privacy and space for outdoor

  Christopher Stjernholm Trelora Realty

  1422 Abernathy Rd, Memphis, TN 38116
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  /16

  $215,000

  • 8 Beds
  • 2,704 Sq Ft

  1627 Barton St, Memphis, TN 38106

  INVESTORS ONLY! Fully Vacant Quadplex for sale. Being offered at a great price with low maintenance exterior. Property has undergone significant repairs. ONLINE VIDEO AVAILABLE UPON REQUEST. Each unit is 2 bedrooms and 1 bathroom (target rent is $700-$1000 per unit). It appears each unit has its own electric, gas, and water meters and tenants pay all utilities (PLEASE CONFIRM) This could generate

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1627 Barton St, Memphis, TN 38106
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  $156,000

  $13K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,269 Sq Ft

  4589 Range Line Rd, Memphis, TN 38127

  Charming 4-Bedroom, 2-Bath Home – Perfect for Living or Investing Welcome to this well-maintained 4-bedroom, 2-bathroom home offering 1,269 sq ft of comfortable living space. Whether you’re searching for the perfect primary residence or a smart investment property, this home checks all the boxes. Step inside to find a bright and inviting layout designed for easy living. The home’s low-maintenance

  Princess Parker Crye-Leike, Inc., REALTORS

  4589 Range Line Rd, Memphis, TN 38127
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  $375,000

  $25K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 2,147 Sq Ft

  668 Hawthorne St, Memphis, TN 38107

  Welcome to 668 Hawthorne St. — a 2022-built, fully furnished, turnkey property currently operating as a successful Airbnb in the heart of Memphis. Whether you're looking for a ready-to-go short-term rental investment or a beautifully furnished primary residence, this home delivers flexibility and opportunity. The sale includes all furnishings, making this a seamless transition for the next owner.

  Sarah Flack The Firm

  668 Hawthorne St, Memphis, TN 38107
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  $79,000

  $11K PRICE DROP

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

  988 Michael Cove, Memphis, TN 38116

  Opportunity knocks with this income-producing property priced well below market value due to the repairs and updates needed. Being sold AS IS this 3-bedroom, 1.5-bath home already has a long-term tenant in place, offering immediate cash flow from day one. Currently rented at $950/month, the tenant has occupied the property since March 2015 and is currently on a month-to-month lease with a strong

  Deborah Williams 4 Success Realty, LLC

  988 Michael Cove, Memphis, TN 38116
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  /21

  $114,850

  • 2 Beds
  • 2 Baths
  • 1,320 Sq Ft

  1737 S Trezevant St, Memphis, TN 38114

  Great opportunity to own an income producing duplex in prime location close to FedEx and Memphis Airport. Convenient to bus line and shopping. Renovated bathroom, laminated floors and more. Great investment for anyone seeking steady income.

  Douglas Bentley Good Shepherds Realty & Invest

  1737 S Trezevant St, Memphis, TN 38114
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  /23

  $170,000

  • 2 Beds
  • 1 Bath
  • 1,355 Sq Ft

  1640 Cranford Rd, Memphis, TN 38117

  Great investment property. Tenant occupied. 2 bedroom with a flex third bedroom. 24 hr notice needed for showtimes. Property to be sold as-is.

  Josh WILSON MEMPHIS Moss Real Estate

  1640 Cranford Rd, Memphis, TN 38117
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  $79,000

  $21K PRICE DROP

  • Land
  • 6,098 Sq Ft
  • $564,286 per Acre

  2529 Harvard Ave, Memphis, TN 38112

  Vacant residential lot in an established Midtown location near the University of Memphis. Ideal for new construction or investment. Convenient access to Poplar Ave, shopping, dining, and major routes. Buyer to verify zoning, utilities, lot dimensions, and building requirements. Property sold AS-IS. Vacant lot. Drive by anytime.

  Cesar Lara Fast Track Realty, LLC

  2529 Harvard Ave, Memphis, TN 38112
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  /2

  $79,900

  • 2 Beds
  • 1 Bath
  • 726 Sq Ft

  1999 Sipes Ave, Memphis, TN 38127

  Investment opportunity waiting for you! Professionally managed and tenant occupied home. Property is currently rented for $700/mo. Video walk through available upon request. Do not approach or disturb tenant. No showings without an accepted offer.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1999 Sipes Ave, Memphis, TN 38127
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  $10,000

  • Land
  • 4,356 Sq Ft
  • $100,000 per Acre

  1201 Wellington St, Memphis, TN 38106

  Mature neighborhood with no HOA requirement. This lot has plenty of potential for your next investment. Don't miss out. Motivated Seller!

  Stephanie Moss BEST Real Estate Company

  1201 Wellington St, Memphis, TN 38106
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  /23

  $187,000

  • 3 Beds
  • 1 Bath
  • 1,160 Sq Ft

  4838 Quince Rd, Memphis, TN 38117

  Welcome to this cozy and quaint 3-bedroom , 1-bath home nestled in the heart of Colonial Acres! Tons of charm and natural light, New roof and a separate laundry area for added convenience. The spacious backyard is a gardener’s dream—perfect for cultivating your own outdoor oasis—and even includes a chicken coop that can remain for buyers looking to embrace a more sustainable lifestyle. Whether

  Amanda Kirkman KAIZEN Realty, LLC

  4838 Quince Rd, Memphis, TN 38117
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  /19

  $250,000

  • 4 Beds
  • 2 Baths
  • 1,790 Sq Ft

  1824 Lyndale Ave, Memphis, TN 38107

  Fully Renovated Midtown Gem Near Rhodes College & Memphis Zoo! Welcome to this beautifully updated 4-bedroom, 2-bath home ideally located in the heart of Midtown—just minutes from Downtown Memphis and within walking distance to local restaurants, shopping, and everyday conveniences. Enjoy an active lifestyle with a scenic walking trail located directly across the street. This home has been

  Caleb Parr Renshaw Company, REALTORS

  1824 Lyndale Ave, Memphis, TN 38107
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  /16

  $156,498

  • 2 Beds
  • 2 Baths
  • 1,386 Sq Ft

  4204 Hickory Grove Dr, Memphis, TN 38141

  An excellent opportunity for homeownership or expanding your investment portfolio! This well-maintained 2-bedroom, 2 full-bath end-unit townhome qualifies for 100% financing and down payment assistance programs (buyer to verify eligibility). Conveniently located near shopping, restaurants, and entertainment, this property offers versatility as a primary residence or investment. The main level

  Patricia Richmond-Young Coldwell Banker Collins-Maury

  4204 Hickory Grove Dr, Memphis, TN 38141

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