Investment - Homes for Sale in Memphis, TN

• 

  

  /2

  $8,000

  • Land
  • 1.7 Acres
  • $4,706 per Acre

  0 Felton Rd, Memphis, TN 38128

  Excellent opportunity to build in a developed neighborhood. These two adjacent lots offer approximately 1.7 acres combined (just under an acre each), providing plenty of space for your vision. Whether you’re considering a custom home, investment build, or future development, this property offers flexibility and potential in a convenient Memphis location. Purchase one lot or secure both for added

  Daniel Demers Sell Your Home Services, LLC

  0 Felton Rd, Memphis, TN 38128
• 

  

  /2

  $28,850

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  1404 Preston St, Memphis, TN 38106

  PRICE REDUCED OWNER MOTIVATED! GREAT INVESTMENT OR FIRST TIME HOMEBUYERS. HOME BEING SOLD AS-IS WHERE-IS WITH NO EXPRESSED WARRANTIES. SELLER(S) HAS OTHER PROPERTIES. IF YOUR BUYER SHOULD PURCHASE BOTH PROPERTIES AT 1 TIME SELLER(S) WILL OFFER A DISCOUNT CHECKOUT 3909 FIZER (LAND) CALL NOW, SELLERS ARE MOTIVATED

  Helen Jackson Good Shepherds Realty & Invest

  1404 Preston St, Memphis, TN 38106
• 

  

  

  /18

  $169,000

  • 2 Beds
  • 1 Bath
  • 927 Sq Ft

  3174 Chisca Ave, Memphis, TN 38111

  Complete renovation in 2021! This charming 2-bedroom, 1-bath home with all appliances included is the perfect opportunity for a first-time homeowner or investor. Ideally located just minutes from the University of Memphis and all the dining, shopping, and entertainment of Highland Row. The home was fully renovated in 2021 and features a new roof, new central HVAC system, and an updated kitchen

  Horace Profit 4 Success Realty, LLC

  3174 Chisca Ave, Memphis, TN 38111
• 

  

  

  /12

  $130,000

  • 2 Beds
  • 1 Bath
  • 883 Sq Ft

  4672 Given Ave, Memphis, TN 38122

  Great investment opportunity. Active lease in place. Do not disturb tenant. Inspection to be made once offer has been accepted. Currently leased at $1,200 with a lease expiration of 10/31/2026. No creative finance offers. No sign in yard. Property is 2 bedrooms, 1 bathroom, spacious living room that opens to dining area. Fully kitchen with stove, fridge dishwasher, washer and dryer. The primary

  Jon Dickens The Firm

  4672 Given Ave, Memphis, TN 38122
• 

  

  /2

  $124,900

  • 3 Beds
  • 1 Bath
  • 1,070 Sq Ft

  4844 Newton Dr, Memphis, TN 38109

  Welcome to 4844 Newton, a solid 3 bedroom, 1 bath investment property with a long-term, reliable tenant already in place and wishing to remain after the sale. Currently rented at $1,150/month, this home delivers immediate cash flow with minimal interruption. A perfect fit for investors seeking stable income in a strong rental market. Serious inquiries only. Proof of funds required for all

  Jessica Wright Key Connect Group, LLC

  4844 Newton Dr, Memphis, TN 38109
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  /3

  $35,000

  • 2 Beds
  • 1 Bath
  • 700 Sq Ft

  123 W Frank Ave, Memphis, TN 38109

  2BR/1BA Investment Opportunity! This AS-IS property features a brand-new roof, providing a strong start for your next rehab project. The interior needs a full renovation, offering the perfect blank slate to add value and customize finishes. Ideal for investors or contractors looking to capitalize on a solid structure. Rental comps in the area average around $800 p/mo.

  James Johnson Crestcore Realty, LLC

  123 W Frank Ave, Memphis, TN 38109
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  /6

  $134,900

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  4064 Reed Ave, Memphis, TN 38108

  Investors only! This property could be a great addition to your investment portfolio. Property is professionally managed. No sign. No wholesalers, no assignments, no creative financing, no owner financing, no blind offers! Cash or conventional offers only! DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Owner/Agent

  James Wachob Foundation Property Management

  4064 Reed Ave, Memphis, TN 38108
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  /2

  $9,000

  • Land
  • 0.08 Acre
  • $112,500 per Acre

  0 S Lauderdale St, 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 in areas experiencing continued revitalization and strong rental demand. Portfolio includes the following

  Austin Rowe Onward Real Estate

  0 S Lauderdale St, Memphis, TN 38103
• 

  

  /19

  $129,900

  • 3 Beds
  • 2 Baths
  • 1,176 Sq Ft

  2593 Durham Ave, Memphis, TN 38127

  New Listing in Frayser – Move-In Ready! Great opportunity for both investors and owner-occupants! This 3 bedroom, 2 bath home sits on a nice quiet street in Frayser and offers comfortable living with practical updates. The home features central heat and air, a brand new water heater, fresh interior paint, and newly refreshed landscaping that adds great curb appeal. Enjoy the fenced-in yard,

  Caleb Parr Renshaw Company, REALTORS

  2593 Durham Ave, Memphis, TN 38127
• 

  

  /5

  $134,900

  • 3 Beds
  • 2 Baths
  • 1,074 Sq Ft

  2505 Durham Ave, Memphis, TN 38127

  Fantastic investment opportunity in the Shelby area. This 3br/2 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $1,259/month. The lease ends on 1/31/27. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  2505 Durham Ave, Memphis, TN 38127
• 

  

  /3

  $47,000

  • 2 Beds
  • 1 Bath
  • 1,272 Sq Ft

  1250 S Orleans St, Memphis, TN 38106

  Charming 2BR/1BA home in South Memphis, just minutes from Stax and the heart of Soulsville. Built in 1943, this property features hardwood flooring, a separate living room, dining area, and a welcoming front porch. Some rehab has already been completed, offering a head start for investors or homeowners looking to add personal touches. Situated on a 4,356 sq ft lot with 36x131.75 dimensions, this

  Curtis Bleeker KAIZEN Realty, LLC

  1250 S Orleans St, Memphis, TN 38106
• 

  

  /11

  $90,000

  • 2 Beds
  • 1.5 Baths
  • 1,148 Sq Ft

  141 N Auburndale St, Memphis, TN 38104

  A great investment opportunity!!! Rare find in Midtown! 2 BR/1.5 Bath Condo! Move In Ready !!!

  Lilian Nguyen KAIZEN Realty, LLC

  141 N Auburndale St, Memphis, TN 38104
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  /20

  $170,000

  • 3 Beds
  • 2 Baths
  • 1,800+ Sq Ft

  3313 Earl Dr, Memphis, TN 38128

  Great Investment Opportunity in Raleigh! This all-brick, 3-bedroom, 1.5-bath home is a fantastic investment opportunity in a prime location! Situated near shopping centers, grocery stores, and just minutes from Nike and the newly developed Amazon Warehouse—a major addition to the area—this property offers both convenience and potential. Inside, you'll find original hardwood floors in the living

  Lesia Harris REMAX Experts

  3313 Earl Dr, Memphis, TN 38128
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  /8

  $127,800

  • 3 Beds
  • 1.5 Baths
  • 1,200+ Sq Ft

  3516 Suzanne Dr, Memphis, TN 38127

  Terrific investment opportunity. Professionally managed and cash flowing property. Deposit is $900. Rent is $1278/mo. Lease is m2m. Professionally managed by Renshaw. Lease and ledger are available upon request. Seller has multiple properties for sale. Can buy individucally or in bulk. All properties are professionally managed. The addresses are 3667 Southland, 1364 Viscoscia, 3263 Sunrise, 3516

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3516 Suzanne Dr, Memphis, TN 38127
• 

  

  /19

  $749,000

  • 16 Beds
  • 5,562 Sq Ft

  291 Greenlaw Ave, Memphis, TN 38105

  This 8 unit property features 8 - 2 bedroom units with central heating and air. The property is located just north of downtown Memphis in an area experiencing significant growth and redevelopment. It sits just north of St Jude Children's Research Hospital which is currently undergoing a $500,000 expansion. This continued investment is bringing increased employment and housing demand to the area.

  Jeffrey Moore Crye-Leike Commercial

  291 Greenlaw Ave, Memphis, TN 38105
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  /11

  $99,900

  • 3 Beds
  • 1 Bath
  • 1,000+ 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; leased through May 31, 2026.

  Camela Henke Enterprise, REALTORS

  1198 Canary Ln, Memphis, TN 38109
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  /20

  $109,500

  • 2 Beds
  • 1 Bath
  • 1,000 Sq Ft

  3757 Faxon Ave, Memphis, TN 38122

  Lovely move-in ready 2br 1ba in Berclair now available! This would make an excellent investment opportunity or an owner/occupant. The owner just did a refresh if the inside. Vacant, easy to show! This is an opportunity zone and qualifies for 100% financing if you're an owner/occupant!

  Caleb Parr Renshaw Company, REALTORS

  3757 Faxon Ave, Memphis, TN 38122
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  /12

  $120,000

  • 2 Beds
  • 2 Baths
  • 1,915 Sq Ft

  1345 Tutwiler Ave, Memphis, TN 38107

  As-is, Excellent investment opportunity in the desirable Crosstown Community.This 2-bedroom, 2-bath home offers a basement and lots of space! Being sold as-is, it's ideal for investors or buyers looking to renovate and maximize rental income. This home is being sold as-is and will require some renovations. Whether you're expanding your portfolio or seeking a fixer-upper in a growing area, 1345

  Anthony Glenn KAIZEN Realty, LLC

  1345 Tutwiler Ave, Memphis, TN 38107
• 

  

  /11

  $100,000

  • 3 Beds
  • 1 Bath
  • 812 Sq Ft

  364 Elder Rd, Memphis, TN 38109

  Investor opportunity! Tenant-occupied 3-bedroom, 1-bath single-family home generating rental income! This property is being sold with a tenant in place, making it a great addition to an investment portfolio. Interior access will be provided during the inspection period after contract acceptance. Property is being sold as-is. Buyer to verify all information deemed important.

  Donnie Morrow eXp Realty, LLC

  364 Elder Rd, Memphis, TN 38109
• 

  

  /22

  $259,000

  • 4 Beds
  • 3 Baths
  • 2,313 Sq Ft

  1840 Young Ave, Memphis, TN 38114

  Welcome to 1840 Young Ave, a prime investment opportunity nestled in the heart of Memphis's highly sought-after Cooper-Young neighborhood. The first floor unit is move-in ready, boasting beautiful original hardwood floors, an updated kitchen, and modern bathrooms, making it an instant and attractive rental. The second floor unit is a blank canvas full of potential, giving you the perfect

  Sabaria Dean Fast Track Realty, LLC

  1840 Young Ave, Memphis, TN 38114
• 

  

  /20

  $74,900

  • 3 Beds
  • 1 Bath
  • 1,276 Sq Ft

  1936 Frisco Ave, Memphis, TN 38114

  MULTIPLE PROPERTY PORTFOLIO CAN ONLY BE BOUGHT IN BULK, TOTAL PRICE IS 436,900. Four investment properties available. Seller is seeking bulk offers. 3218 Thirteen Colony Mall #1A -- 3 beds, 2.1 baths, currently rented at $895, lease expires 7/31/2026, recent repairs, in good condition, HOA is $225/mo. 1936 Frisco -- 3 beds, 1 bath, new roof and hvac in 2021, currently rented for $795/mo. lease is

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1936 Frisco Ave, Memphis, TN 38114
• 

  

  /5

  $85,000

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

  2220 Hillside Ave, Memphis, TN 38127

  Updated 3BR/1BA Investment Gem in Frayser! Quiet street, solid cash flow, and major upgrades: electrical, plumbing, HVAC, roof, and driveway. Features tile shower, spacious bedrooms, and central heat/air. Lot spans 0.36 acres with driveway pad. Ideal for investors or first-time buyers. Part of a 4-property package deal: • 1660 S Wellington St – $79,000 • 1823 Cedarhurst Ave – $83,000 • 2607

  Curtis Bleeker KAIZEN Realty, LLC

  2220 Hillside Ave, Memphis, TN 38127
• 

  /2

  $89,900

  • 4 Beds
  • 1 Bath
  • 1,085 Sq Ft

  1766 Eldridge Ave, Memphis, TN 38108

  Great Investment opportunity!. This 4 bedroom 1 bath home is currently rented and is ready to be added to your portfolio. Don't miss your opportunity to invest in this established neighborhood. This home has been recently renovated!

  Matt Holder Burch Realty Group

  1766 Eldridge Ave, Memphis, TN 38108
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  /2

  $5,000

  • Land
  • 0.09 Acre
  • $55,556 per Acre

  1301 Englewood St, Memphis, TN 38106

  Ready to Build Don’t miss this prime residential lot at 1301 Englewood the perfect spot for your dream home or your next investment property. This lot offers great potential in a growing area, giving you the opportunity to design and build exactly what you need.

  Jonathan Minerick homecoin.com

  1301 Englewood St, Memphis, TN 38106
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  /6

  $174,900

  • 2 Beds
  • 1 Bath
  • 1,188 Sq Ft

  2312 Wellons Ave, Memphis, TN 38127

  This beautiful brick 3-bedroom 1 bath Frayser neighborhood home is being offered together with five other income producing single-family homes. This is a pristine opportunity for a new investor to enter into the Rental / Investment real estate space or a "bundle deal" for a seasoned investor - Steady Income and Great Returns! The home is currently vacant and in need of mid-level rehab for no

  Derrick Brown Independence Realty&Investment

  2312 Wellons Ave, Memphis, TN 38127
• 

  

  /13

  $145,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  2974 Waverly Ave, Memphis, TN 38111

  Investors only! This property could be a great addition to your investment portfolio. Property is professionally managed. No sign. No wholesalers, no assignments, no creative financing, no owner financing, no blind offers! Cash or conventional offers only! DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Owner/Agent

  James Wachob Foundation Property Management

  2974 Waverly Ave, Memphis, TN 38111
• 

  

  /25

  $76,000

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

  1823 Cedarhurst Ave, Memphis, TN 38127

  Charming 3BR/1BA Colonial in Frayser with updated laminate and vinyl flooring throughout—no carpet! This single-story home features a spacious living/dining combo, central gas heat, and a large 7,840 sq ft lot with mature trees and a 2-car driveway pad. Located near Frayser Park and local amenities. Part of a 4-property investment package: 2220 Hillside Ave ($100K), 2607 Barron Ave ($497K), and

  Curtis Bleeker KAIZEN Realty, LLC

  1823 Cedarhurst Ave, Memphis, TN 38127
• 

  /2

  $87,000

  • 3 Beds
  • 1 Bath
  • 980 Sq Ft

  880 Rutgers Rd, Memphis, TN 38106

  Investment Property

  James Harvey Jr Keller Williams

  880 Rutgers Rd, Memphis, TN 38106
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  /7

  $115,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4503 Beacon Hill Dr, Memphis, TN 38127

  Welcome to 4503 Beacon Hill Drive! This tenant-occupied 3-bedroom, 1-bath home features hard surface flooring throughout, a spacious living area, and a modern kitchen with large shaker cabinets. All bedrooms are on one level, with a separate dining area and central heat and air for year-round comfort. Enjoy a large fenced backyard and a driveway pad for off-street parking. Don't miss this one!!

  James Wachob Foundation Property Management

  4503 Beacon Hill Dr, Memphis, TN 38127
• 

  

  /18

  $200,000

  • 4 Beds
  • 2 Baths
  • 1,475 Sq Ft

  2428 Lamar Cir, Memphis, TN 38114

  COMPLETELY RENOVATED duplex Unique investment opportunity for 2 rentals. Option to live on one side and rent out the other OR perfect for an in-law suite when family needs to be close by. This can be a fantastic addition to your investment portfolio. 1 side occupied, $800 monthly rent, tenant pays utilities. Minutes from Cooper-Young area. Recent 2022 renovation included: New roof, Electrical

  LaJuana Miller KAIZEN Realty, LLC

  2428 Lamar Cir, Memphis, TN 38114
• 

  

  /15

  $69,900

  • 3 Beds
  • 2.5 Baths
  • 1,435 Sq Ft

  3218 Thirteen Colony Mall Unit 1A, Memphis, TN 38115

  MULTIPLE PROPERTY PORTFOLIO CAN ONLY BE BOUGHT IN BULK, TOTAL PRICE IS 436,900. Four investment properties available. Seller is seeking bulk offers. 3218 Thirteen Colony Mall #1A -- 3 beds, 2.1 baths, currently rented at $895, lease expires 7/31/2026, recent repairs, in good condition, HOA is $225/mo. 1936 Frisco -- 3 beds, 1 bath, new roof and hvac in 2021, currently rented for $795/mo. lease is

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3218 Thirteen Colony Mall Unit 1A, Memphis, TN 38115
• 

  

  /16

  $225,999

  • 4 Beds
  • 3 Baths
  • 2,227 Sq Ft

  68 N Willett St, Memphis, TN 38104

  Large duplex in Midtown that is for sale! Would be wonderful for an owner occupant home buyer wanting to live in one side and rent the other unit out, or for an investor wanting to rent both units. Top unit is currently rented to a tenant paying $1040 per month, bottom unit is available to live in or rent it out! Could be an excellent primary residence, investment property, or Airbnb! ONLINE

  Tyler Tapley Crye-Leike, Inc., REALTORS

  68 N Willett St, Memphis, TN 38104
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  /35

  $395,000

  • 4 Beds
  • 2 Baths
  • 2,902 Sq Ft

  270 Hawthorne St, Memphis, TN 38112

  Prime duplex in the heart of Midtown offering a fully operational, turnkey Airbnb/VRBO opportunity w/ revenue history available upon request. This versatile property is perfect for an owner-occupant looking to live in one unit while short-term renting the other, or it can be operated as a full-time income-producing investment. The property is offered fully furnished, allowing for a seamless

  Lynda Baddour Ware Jones, REALTORS

  270 Hawthorne St, Memphis, TN 38112
• 

  /2

  $20,000

  • Land
  • 0.08 Acre
  • $250,000 per Acre

  305 Ayers St, Memphis, TN 38105

  Vacant lot for sale on Ayers Rd near the downtown and Harbor Town corridors. Generous 0.08-acre buildable parcel located near neighborhood amenities, restaurants, and local retail. Zoned R-6 with paved street frontage and utilities available at the line (buyer to verify). Excellent opportunity for new construction or investment.

  Joshua Moss KAIZEN Realty, LLC

  305 Ayers St, Memphis, TN 38105
• 

  /2

  $10,000

  • Land
  • 0.2 Acre
  • $50,000 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 in areas experiencing continued revitalization and strong rental demand. Portfolio includes the following

  Austin Rowe Onward Real Estate

  664 Lucy Ave, Memphis, TN 38106
• 

  

  /27

  $275,000

  • 8 Beds
  • 2,700 Sq Ft

  1493 Gaither St, Memphis, TN 38106

  Greenland presents a refreshed 4-plex opportunity positioned directly next to a park, offering both lifestyle appeal and strong investment potential. Recently updated with new flooring, fresh paint, and a clean, modernized feel throughout, each unit is move-in ready and primed for increased rents. Prior to renovations, units averaged just under $800/month, leaving clear upside for improved

  Garth Ward eXp Realty, LLC

  1493 Gaither St, Memphis, TN 38106
• 

  

  /9

  $165,000

  • 4 Beds
  • 1 Bath
  • 1,872 Sq Ft

  803 Ledbetter Ave, Memphis, TN 38109

  Fantastic investment opportunity in the Westwood area. This 4br/1 bath single-family home has been recently updated in 2025. Great for an investor or first time homebuyer. Cash flowing with a monthly rental amount of $1495. No wholesaler offers or offers with assignment of contract language will be accepted.TENANT OCCUPIED, PLEASE DO NOT APPROACH OR DISTURB TENANTS

  DonAngela Johnson Crye-Leike, Inc., REALTORS

  803 Ledbetter Ave, Memphis, TN 38109
• 

  

  /22

  $179,900

  • 3 Beds
  • 2 Baths
  • 1,264 Sq Ft

  4450 Longtree Cove, Memphis, TN 38128

  Great Opportunity in Raleigh! Well-maintained 3-bedroom, 2-bath brick home located in the Raleigh area, featuring a 2-car attached garage and a functional layout perfect for both homeowners and investors alike. Built in 1999, this property offers solid surface flooring throughout for easy maintenance and durability. The updated kitchen provides a modern touch and opens nicely into the main living

  Caleb Parr Renshaw Company, REALTORS

  4450 Longtree Cove, Memphis, TN 38128
• 

  

  /9

  $34,990

  • 3 Beds
  • 1 Bath
  • 1,250 Sq Ft

  3251 Sinclair St, Memphis, TN 38127

  This is a 3-bedroom, 1-bath brick, ranch style home located on a well-kept street in the heart of Frayser. This property offers great bones and tons of potential for investors or looking to add value. With some TLC and updates, this home could easily shine again as a strong rental or long-term hold. The layout is functional, the exterior is solid brick, and the surrounding homes show pride of

  Lawson Roberts Renshaw Company, REALTORS

  3251 Sinclair St, Memphis, TN 38127
• 

  

  /20

  $44,900

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  3067 Morningside St, Memphis, TN 38127

  Investment Opportunity in Frayser Located just off Thomas and Whitney, this 2-bedroom, 1-bath home sits on a good-sized corner lot with a single carport and backyard storage shed. The property offers easy access to Hwy 51 and I-40, making it a convenient location for future use. Home is being sold as-is, in current condition and will not qualify for most financing. Buyers are encouraged to view

  Ben Strauch Skyline Realty

  3067 Morningside St, Memphis, TN 38127

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