Investment - Homes for Sale in Memphis, TN

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  /3

  $63,000

  • 2 Beds
  • 1 Bath
  • 782 Sq Ft

  3204 Millwood Rd, Memphis, TN 38109

  INVESTORS ONLY! Tenant occupied property being sold as-is. This home has 2 bedrooms and 1 bathroom and is currently being rented at $900 per month. This home could be a great addition to your investment portfolio. Many homes in this area are being rehabbed and sold for more money. Excellent BRRRR opportunity. Long term tenant who wants to stay. No sign in the yard, please do not disturb or

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3204 Millwood Rd, Memphis, TN 38109
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  /3

  $140,000

  • 4 Beds
  • 2 Baths
  • 1,635 Sq Ft

  1170 Shadowline Dr, Memphis, TN 38109

  Great opportunity to add to your investment portfolio. This low-maintenance brick 4 bedroom, 2 bath home is tenant occupied and professionally managed. Current tenant has been in place since February 2018 at $1,250/month with a security deposit of $895. Lease is in place through February 28, 2027. Property is being sold as-is with tenant in place. Showings will be scheduled after an accepted

  Camela Henke Enterprise, REALTORS

  1170 Shadowline Dr, Memphis, TN 38109
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  /21

  $315,000

  • 6 Beds
  • 3 Baths
  • 3,440 Sq Ft

  3327 Homewood Dr, Memphis, TN 38128

  Rare opportunity to make your very own! Home sits on close to 1.4 acres in the Lakewood Hills subdivision. Neighborhood with lake access. Over 3400 square feet. 6 bedroom home. Selling as-is. Great bones. Great investment opportunity!

  Ashley Tinker Reid, REALTORS

  3327 Homewood Dr, Memphis, TN 38128
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  /2

  $80,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 916 Sq Ft

  1650 Shadowlawn Blvd, Memphis, TN 38106

  Investor opportunity! This 3-bedroom, 1-bath home offers excellent potential as a rental, flip, or addition to your investment portfolio. Recent improvements include new windows, a new roof, updated plumbing, and new HVAC and water heater units. The interior has been taken down to the studs, with flooring and wall materials removed, providing a blank canvas for your renovation vision. Sheetrock

  Keaia Gray MLE Realty, LLC

  1650 Shadowlawn Blvd, Memphis, TN 38106
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  /2

  $19,900

  • Land
  • 22,651 Sq Ft
  • $38,269 per Acre

  2956 Peggy Rd, Memphis, TN 38128

  Bring your vision to life with this residential lot located at 2956 Peggy Road, Memphis, TN 38128. Whether you're looking to build your dream home, develop your next investment property, or expand your real estate portfolio, this property offers an excellent opportunity to bring your plans to life. Situated on approximately 0.516 acres, this generously sized lot provides plenty of room to create

  Jonathan Nunez Fast Track Realty, LLC

  2956 Peggy Rd, Memphis, TN 38128
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  /21

  $127,000

  • 3 Beds
  • 2.5 Baths
  • 1,731 Sq Ft

  5415 Burton Church Cove Unit 13, Memphis, TN 38134

  Great first time buyer home or investment opportunity in the Highlands of Bartlett. This well-maintained 3-bedroom, 2.5-bath home is in good condition and offers strong potential for a rental portfolio or future resale. Convenient Bartlett location with easy access to shopping, dining, and major routes. Buyers should independently verify school assignments and eligibility.

  Terrance Hill eXp Realty, LLC

  5415 Burton Church Cove Unit 13, Memphis, TN 38134
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  /32

  $135,000

  $25K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 771 Sq Ft

  2195 Poplar Ave Unit 303, Memphis, TN 38104

  Welcome to effortless living in the heart of Memphis! This beautifully maintained condo offers the perfect blend of comfort, convenience, and low-maintenance lifestyle. Step inside to find a spacious and inviting layout filled with natural light, featuring an open living and dining area ideal for both relaxing and entertaining. The kitchen provides ample cabinetry and workspace, while the bedroom

  Justin Lance Keller Williams

  2195 Poplar Ave Unit 303, Memphis, TN 38104
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  /25

  $119,000

  • 3 Beds
  • 1.5 Baths
  • 1,237 Sq Ft

  3581 Gowan Dr, Memphis, TN 38127

  Why buy a fixer-upper when you can move right in? This beautifully updated 3-bedroom home is the perfect opportunity for a first-time homebuyer or investor seeking a turnkey property. Renovations include brand-new luxury vinyl plank flooring throughout, new kitchen cabinets and countertops, a beautifully renovated bathroom, fresh interior and exterior paint, updated lighting, and modern finishes

  Oksana Piven BEST Real Estate Company

  3581 Gowan Dr, Memphis, TN 38127
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  /2

  $80,000

  • 3 Beds
  • 1 Bath
  • 1,048 Sq Ft

  3446 Kensett Dr, 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

  3446 Kensett Dr, Memphis, TN 38127
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  /24

  $198,000

  $1K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,392 Sq Ft

  755 N Mcneil St, Memphis, TN 38107

  Welcome home to this beautifully renovated home offering the perfect blend of historic Memphis character and modern updates. Located in the desirable Vollintine area, this move-in-ready home has been thoughtfully updated from top to bottom. Enjoy peace of mind with a new roof, new HVAC system, fully renovated kitchen and bathroom, while preserving timeless features including original hardwood

  Koby Drake Keller Williams

  755 N Mcneil St, Memphis, TN 38107
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  /15

  $139,999

  $3K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,142 Sq Ft

  4378 Sherrycrest Cove, Memphis, TN 38128

  NEW ROOF INSTALLED 5-5-2026. OWNER FINANCING AVAILABLE - CALL AGENT FOR MORE INFORMATION. Welcome to 4387 Sherry crest – a charming, move-in ready home perfect for first-time buyers, families, or investors! This well-maintained property features 3 spacious bedrooms and 2 full bathrooms, offering comfort and functionality. Enjoy cooking in the updated kitchen with stylish farm-style countertops,

  Mahmoud 'Mac' El-Aina Pinnacle Realty

  4378 Sherrycrest Cove, Memphis, TN 38128
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  /7

  $118,000

  $7K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,126 Sq Ft

  3447 Cook Rd, Memphis, TN 38109

  Price reduction! Fully renovated home in South Memphis near Downtown and the Airport. Ideal for an investor looking to add a cash-flowing, low-maintenance investment property to their portfolio. Call the listing agent for more information.

  Bradley Puckett CB Properties of Memphis, LLC

  3447 Cook Rd, Memphis, TN 38109
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  /6

  $250,000

  • 3 Beds
  • 2 Baths
  • 9,428 Sq Ft

  1733 Bender Rd, Memphis, TN 38116

  Excellent investment opportunity on approximately 4 acres! This unique property features two residences plus a detached garage currently being used as an appliance shop, offering endless potential. The main home offers 3 bedrooms and 2 bathrooms plus 2 additional rooms. Second building is a 2 bedroom and 2 bath. Ideal for investors, rental income, or those needing space for a home-based business.

  Irwin Montgomery TRG Real Estate Services, LLC

  1733 Bender Rd, Memphis, TN 38116
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  /2

  $85,000

  • 3 Beds
  • 1.5 Baths
  • 1,220 Sq Ft

  3567 Brookmeade St, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $750 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

  3567 Brookmeade St, Memphis, TN 38127
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  /13

  $180,000

  $5K PRICE DROP

  • 5 Beds
  • 2.5 Baths
  • 1,800 Sq Ft

  3160 Rochester Rd, Memphis, TN 38109

  Brand-new 2025 construction with a tenant in place, generating $1,777/month—an ideal turnkey investment opportunity. This 5-bedroom, 2.5-bath home offers approximately 1,800 heated sq. ft. with an open-concept layout, polished concrete floors, modern finishes, and a spacious kitchen overlooking the living area. Conveniently located near downtown Memphis, shopping, schools, and major highways.

  Jonathan Minerick homecoin.com

  3160 Rochester Rd, Memphis, TN 38109
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  /2

  $27,500

  • Land
  • 6,534 Sq Ft
  • $183,333 per Acre

  644 Walker Ave, 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

  644 Walker Ave, Memphis, TN 38126
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  /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
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  /22

  $69,900

  • 2 Beds
  • 1 Bath
  • 852 Sq Ft

  1450 South Ave, Memphis, TN 38106

  Opportunity awaits! This all-brick 2-bedroom, 1-bath home is full of potential for investors, flippers, or buyers looking to renovate and build equity. Major improvements have already been completed, including a roof approximately 2 years old, along with updated plumbing and electrical. The home is ready for your personal touch and offers the chance to customize flooring, kitchen, paint, and

  Gabriell Thomas Keller Williams

  1450 South Ave, Memphis, TN 38106
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  /23

  $70,000

  • 2 Beds
  • 1 Bath
  • 1,120 Sq Ft

  123 S Parkway E, Memphis, TN 38106

  Great Investment Opportunity to add to your rental portfolio. Previously rented for $1,000. Selling AS IS, Preferable Cash Only or Conventional Financing. No Wholesale/Assignment Contracts. Some repairs are needed but mostly cosmetic, hot water heater 4 years old per owner. No Blind Offers, please view property prior to making an offer.

  Linda Woods Bell KAIZEN Realty, LLC

  123 S Parkway E, Memphis, TN 38106
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  /2

  $100,000

  • 4 Beds
  • 1.5 Baths
  • 1,482 Sq Ft

  3968 N Trezevant St, Memphis, TN 38127

  Investors Investors! This 4 bedroom 1.5 bath corner lot, completely gutted and ready for your vision. Located in a well-established Frayser neighborhood, this home offers excellent potential for renovation and added value. If you're looking for your next investment project this property is full of possibilities.

  Lisa Townsend BEST Real Estate Company

  3968 N Trezevant St, Memphis, TN 38127
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  /2

  $90,000

  • 3 Beds
  • 1 Bath
  • 875 Sq Ft

  1839 Dupont Ave, Memphis, TN 38127

  Great investment opportunity in this rental income producing house. It has 2 bedrooms and 1 baths. Currently renting for $1,190 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

  1839 Dupont Ave, Memphis, TN 38127
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  /2

  $27,500

  • Land
  • 3,484 Sq Ft
  • $343,750 per Acre

  640 Walker Ave, 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

  640 Walker Ave, Memphis, TN 38126
• 

  /2

  $27,500

  • Land
  • 6,098 Sq Ft
  • $196,429 per Acre

  1626 Rayburn St, Memphis, TN 38106

  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

  1626 Rayburn St, Memphis, TN 38106
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  /18

  $112,500

  • 3 Beds
  • 1.5 Baths
  • 1,005 Sq Ft

  1675 Haywood Ave, Memphis, TN 38127

  Investment opportunity. Tenant occupied property available for sale. INVESTORS ONLY! Brick home with three bedrooms, one and a half baths and covered parking on a quiet street. Professionally managed, lease and ledger available upon request. Currently rented for $1095/mo. Seller is also has 449 Fernwood, 1247 Vistaview Cove, 3245 Sinclair (can buy these homes individually or in a bulk sale

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1675 Haywood Ave, Memphis, TN 38127
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  /13

  $105,000

  • 2 Beds
  • 1 Bath
  • 1,211 Sq Ft

  3764 Healey Rd, Memphis, TN 38111

  Tenant occupied – do not disturb tenant. Charming brick home featuring 2 bedrooms, 1 bathroom, and a detached garage with bonus space above. Situated on a spacious lot in a convenient Memphis location, this property offers a strong investment opportunity with immediate rental income potential and long-term upside. Contact listing agent for additional information.

  Palmer Gardner CrestCore Realty MphsBrokerage

  3764 Healey Rd, Memphis, TN 38111
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  /2

  $80,000

  • 3 Beds
  • 1 Bath
  • 1,021 Sq Ft

  3829 Kipling Ave, Memphis, TN 38128

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $775 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

  3829 Kipling Ave, Memphis, TN 38128
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  /2

  $99,900

  • 4 Beds
  • 2 Baths
  • 1,440 Sq Ft

  5356 Beaverton Dr, Memphis, TN 38127

  4 bedroom, 2 full bath investment property. Property is tenant occupied. Do not disturb tenant.

  LaJuana Miller KAIZEN Realty, LLC

  5356 Beaverton Dr, Memphis, TN 38127
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  /2

  $105,000

  • 3 Beds
  • 1 Bath
  • 1,430 Sq Ft

  3685 Irma St, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $1,250 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

  3685 Irma St, Memphis, TN 38127
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  /2

  $7,000

  $3K PRICE DROP

  • Land
  • 1,742 Sq Ft
  • $175,000 per Acre

  443 Simpson Ave, Memphis, TN 38106

  Mature neighborhood with no HOA requirement. This lot has plenty of potential for your next investment. Can be purchased as a package.

  Stephanie Moss BEST Real Estate Company

  443 Simpson Ave, Memphis, TN 38106
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  /2

  $71,500

  • 3 Beds
  • 2.5 Baths
  • 1,937 Sq Ft

  3341 Kirby Trees Place Unit 24, Memphis, TN 38115

  Excellent investment opportunity! This tenant-occupied 3-bedroom, 2.5-bath condo offers immediate rental income with a current tenant paying $1,100 per month. Located in the established Kirby Oaks Condominium community, the property features approximately 1,854 square feet, a spacious two-story floor plan, and is conveniently located near shopping, restaurants, and major commuter routes. The HOA

  Tanika Bland BEST Real Estate Company

  3341 Kirby Trees Place Unit 24, Memphis, TN 38115
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  /19

  $130,000

  • 3 Beds
  • 2 Baths
  • 1,172 Sq Ft

  2851 Carnes Ave, Memphis, TN 38114

  Welcome to 2851 Carnes Ave in Memphis, TN 38114, a fully renovated, one-level home that is move-in ready and also offers strong potential as an investment property. This 3-bedroom, 2-bath home feels fresh, bright, and easy to enjoy from the moment you walk in. Updates include new flooring, new interior and exterior paint, new lighting fixtures, new windows, and new interior and exterior doors,

  Melissa Blume Thompson eXp Realty

  2851 Carnes Ave, Memphis, TN 38114
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  /34

  $64,900

  $20K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 840 Sq Ft

  928 Leacrest Ave, Memphis, TN 38109

  Solid investment or starter home opportunity. This residence features central heat/air and a detached carport. Functional floor plan with a conventional foundation. Conveniently located near major transit for easy commuting. Move-in ready and priced to sell.

  Thee Gaines Trelora Realty

  928 Leacrest Ave, Memphis, TN 38109
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  /13

  $174,900

  • 4 Beds
  • 2 Baths
  • 1,680 Sq Ft

  1862 Dearing Rd, Memphis, TN 38117

  East Memphis renovation opportunity with tons of potential! Located in the sought-after 38117 area, this 4-bedroom, 2-bath brick home is ready for someone with the vision to bring it back to life. The home offers a flexible layout, hardwood flooring, fireplace, carport, and a nice-sized lot, providing a strong starting point for a renovation. Whether you re looking for your next investment

  Courtney Read Vylla Home

  1862 Dearing Rd, Memphis, TN 38117
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  /2

  $110,000

  • 3 Beds
  • 1 Bath
  • 1,324 Sq Ft

  3682 N Trezevant St, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $1,347 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

  3682 N Trezevant St, Memphis, TN 38127
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  /2

  $120,000

  • 3 Beds
  • 1 Bath
  • 925 Sq Ft

  1511 Mcmillan St, Memphis, TN 38106

  Investor Special! Excellent investment opportunity in Memphis, TN featuring six single-family homes being offered individually or as a portfolio. Properties are being listed separately but may be purchased together as an investment package. 346 Modder Ave – Currently tenant-occupied, providing immediate cash flow. 132 Majuba St – Currently vacant and will require some repairs prior to occupancy,

  Bridget Jordan Epique Realty

  1511 Mcmillan St, Memphis, TN 38106
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  /21

  $99,900

  • 5 Beds
  • 2 Baths
  • 2,169 Sq Ft

  530 Marianna St, Memphis, TN 38111

  This property is being sold AS-IS and presents an excellent opportunity for an investor or owner-occupant looking to renovate and add value. This spacious two-story home features 5 bedrooms, 2 full bathrooms, hardwood floors, a classic brick exterior, a welcoming front porch, and a chain-link fenced yard. Conveniently located just minutes from Simmons Bank Liberty Stadium (Liberty Bowl), less

  Chris Mosby ResiAmerica, Inc.

  530 Marianna St, Memphis, TN 38111
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  /7

  $35,000

  $14K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,120 Sq Ft

  3209 13 Colony Mall Unit 2B, Memphis, TN 38115

  Don't miss this fantastic investment opportunity! This recently updated 2BR/2BA condo comes with assigned covered carport parking and a stable tenant in place, paying $900/month. The tenant holds a Section 8 voucher, ensuring consistent rental income as the full rent is covered. The lease renews on 06/26, providing immediate cash flow for the savvy investor. New hot water heater. This property is

  Stephanie Lewis Purple Reign Realty

  3209 13 Colony Mall Unit 2B, Memphis, TN 38115
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  /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
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  /3

  $37,000

  $10K PRICE DROP

  • 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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