Investment - Homes for Sale in Memphis, TN

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  /6

  $97,000

  • 2 Beds
  • 1.5 Baths
  • 1,338 Sq Ft

  1841 Quail Path Cove, Memphis, TN 38134

  Spacious 2-bedroom, 1.5-bath townhouse offering a strong investment opportunity for buy-and-hold investors seeking steady cash flow. Currently tenant-occupied with tenant rights in place. Showings available upon an accepted offer, subject to inspection.

  David Anthony KAIZEN Realty, LLC

  1841 Quail Path Cove, Memphis, TN 38134
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  /27

  $120,000

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

  858 Eyers Rd, Memphis, TN 38109

  RECENTLY REHABBED & READY TO GO! Painted brick home with 3 bedrooms and 2 bathrooms that is tenant occupied. This is a turnkey investment sale that is currently rented at $850. Professionally managed property (lease, ledger, work order and payment history available upon request). ONLINE VIDEO AVAILABLE UPON REQUEST. Nice floor plan with large kitchen and den plus huge primary bathroom. Seller

  Tyler Tapley Crye-Leike, Inc., REALTORS

  858 Eyers Rd, Memphis, TN 38109
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  /5

  $139,900

  • 3 Beds
  • 1 Bath
  • 1,045 Sq Ft

  5061 Stacey Rd, Memphis, TN 38109

  TENANT-OCCUPIED INVESTMENT PROPERTY! Charming 3BR/1BA home generating $1,095/month with a recently renewed lease through 2/28/2027. Situated on a quiet street, the property features a functional, low-maintenance layout ideal for long-term tenancy. Professionally managed, truly turnkey income. Maintenance report and tenant ledger available upon request. Please do not disturb tenant.

  Jeremy Veldman KAIZEN Realty, LLC

  5061 Stacey Rd, Memphis, TN 38109
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  /2

  $65,000

  • 1 Bed
  • 1 Bath
  • 600+ Sq Ft

  2227 Clayton Ave, Memphis, TN 38108

  Property tenant occupied. Great investment opportunity in the Uptown Memphis area. Sold as is. Part of a package of homes can be sold individually or together: 948 Pearce, 506 Sixth, 671 McDavitt, 676 Looney, 680 Looney, 688 Looney, 692 Looney, 784 Looney, 876 N Third, 2227 Clayton, and 226 Chelsea ave. No wholesaler or assignment of contract offers will be accepted.

  Virgil Pryor Harris Realty Services

  2227 Clayton Ave, Memphis, TN 38108
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  /10

  $145,000

  • 5 Beds
  • 3.5 Baths
  • 2,200+ Sq Ft

  4915 Foxhall Cove, Memphis, TN 38118

  Five-bedroom, 3.5-bathroom fixer-upper located on a quiet cul-de-sac. This spacious home offers a large floorplan, ideal for those looking to transform it into a flip project or investment property. With plenty of potential, this is a great opportunity for the right buyer.

  Robert Salmons Entera Realty

  4915 Foxhall Cove, Memphis, TN 38118
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  /2

  $10,000

  • Land
  • 0.17 Acre
  • $58,824 per Acre

  496 E Alston Ave, Memphis, TN 38126

  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

  496 E Alston Ave, Memphis, TN 38126
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  /11

  $60,000

  • 1 Bed
  • 1 Bath
  • 738 Sq Ft

  756 Alma St, Memphis, TN 38107

  Great investment opportunity. Taken down to the studs and remodeled in 2013. Needs cosmetic updates but the bones are good. Currently configured as a one-bedroom, but enough room to wall back off a second bedroom. Tall, smooth ceilings. Spacious great room. Additional lot next door included has plenty of room to build out, or to build another home. Appliances, including two refrigerators, can

  Christian Townsend Renshaw Company, REALTORS

  756 Alma St, Memphis, TN 38107
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  /11

  $89,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3969 Ridgedale St, Memphis, TN 38127

  Turnkey investment property with tenant in place paying $995/month ($11,940 annually). Lease secured through June 8, 2027, providing stable and immediate cash flow for investors. 3969 Ridgedale Street is a well-maintained 3-bedroom, 1-bath home featuring hard-surface flooring throughout, a bright and spacious living area, and an updated kitchen with shaker cabinets and space for appliances. The

  James Wachob Foundation Property Management

  3969 Ridgedale St, Memphis, TN 38127
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  /2

  $10,000

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

  0 Clifton Ave, Memphis, TN 38127

  Vacant residential lot on Clifton Ave in Memphis, TN. Located in an established neighborhood close to parks, schools, and local amenities. Ideal for building or investment. Easy access to major roads. Buyer to verify zoning, utilities, and build requirements.

  Joshua Moss KAIZEN Realty, LLC

  0 Clifton Ave, Memphis, TN 38127
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  /2

  $60,000

  • 3 Beds
  • 1 Bath
  • 1,080 Sq Ft

  954 Joseph Place, Memphis, TN 38107

  Lovely 3 bedroom brick home that was built in 1992. Immediate occupancy! This home is priced to sell. Could be worth a lot of money once rehabbed. Many homes in this area are being rehabbed and sold for more money. Excellent fix and flip opportunity. Could be a great primary residence or investment property. Property being sold as-is, seller won't make repairs. Cash offers only! Please do all

  Tyler Tapley Crye-Leike, Inc., REALTORS

  954 Joseph Place, Memphis, TN 38107
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  /19

  $139,000

  • 3 Beds
  • 2 Baths
  • 1,393 Sq Ft

  3650 Given Ave, Memphis, TN 38122

  Fantastic investment opportunity in the Berclair area. Property is updated but needs a little TLC and repairs to get ready for rental. Vacant, easy to show. Investors will enjoy market rent around $1400/month. Owner is willing to sell 3543 Given Ave (down the street) as a package deal. No wholesaler offers or offers with assignment of contract language.

  Haider Tiwana KAIZEN Realty, LLC

  3650 Given Ave, Memphis, TN 38122
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  /17

  $219,000

  • 3 Beds
  • 2 Baths
  • 1,460 Sq Ft

  6605 Red Birch Dr, Memphis, TN 38115

  Income-producing investment property with a month-to-month lease and a $1200.00 monthly rental income. Strong cash-flow opportunity, great addition to any portfolio. Property can be delivered vacant at closing. Incentive alert seller will contribute up to 3% of the purchase price toward buyer's closing costs with an acceptable offer. 24-48 notice required to show

  Flor Bernal Crye-Leike, Inc., REALTORS

  6605 Red Birch Dr, Memphis, TN 38115
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  /2

  $85,000

  • 3 Beds
  • 1 Bath
  • 1,077 Sq Ft

  2610 Derbyshire Ave, Memphis, TN 38127

  INVESTORS ONLY! Tenant Occupied property that is currently rented at $939/mo. Professionally managed. This can be a great addition to your investment portfolio. (Lease, Ledger available upon request.) No Sign, Make all offers contingent on interior inspection, no Wholesalers, no Assignments, no owner financing or subject to offers will be considered.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2610 Derbyshire Ave, Memphis, TN 38127
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  /21

  $129,900

  • 3 Beds
  • 1.5 Baths
  • 916 Sq Ft

  4187 Boyce Ave, Memphis, TN 38111

  Incredible opportunity to own a renovated home under $150,000. Perfect for a first-time buyer or investment property. This 3 bedroom, 1.5 bath home features a huge backyard plus an extra driveway and rear pad ideal for a future shop or workshop. Fresh exterior paint and updated landscaping create great curb appeal. Inside, the home has been completely refreshed with new paint throughout and all

  Camela Henke Enterprise, REALTORS

  4187 Boyce Ave, Memphis, TN 38111
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  /20

  $125,000

  • 3 Beds
  • 1.5 Baths
  • 1,191 Sq Ft

  3063 Christine Rd, Memphis, TN 38118

  INVESTERS ONLY!!! Hot investment opportunity. Tenant occupied 3bed 1.5bath BRICK home currently rented at $1229.50/mo. This could be a great addition to your rental portfolio. Professionally managed property by Renshaw. No sign in the yard. Please do not disturb or approach the tenant. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Seller selling 2860 Castleman St, 3011 Christine Rd, 3733 Brompton Rd,

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3063 Christine Rd, Memphis, TN 38118
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  /28

  $110,000

  • 3 Beds
  • 1.5 Baths
  • 1,613 Sq Ft

  936 Chesterton Dr, Memphis, TN 38127

  Great Owner occupant or Investment Opportunity! This charming 3-bedroom, 1.5-bath home is ready for its new owner. Enjoy a traditional layout featuring a separate living room, dining room, and a spacious den—perfect for relaxing or entertaining. Situated on a large corner lot, the property offers a fenced backyard and a patio ideal for outdoor gatherings. Additional highlights include a one-car

  Tina Andrade Fast Track Realty, LLC

  936 Chesterton Dr, Memphis, TN 38127
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  /2

  $115,000

  • 3 Beds
  • 1 Bath
  • 1,423 Sq Ft

  125 E Mckellar Ave, Memphis, TN 38109

  Excellent investment opportunity in Memphis, TN featuring three 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, offering

  Bridget Jordan Epique Realty

  125 E Mckellar Ave, Memphis, TN 38109
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  /2

  $10,000

  • Land
  • 0.17 Acre
  • $58,824 per Acre

  496 E Alston Ave Unit 28, Memphis, TN 38126

  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

  496 E Alston Ave Unit 28, Memphis, TN 38126
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  /2

  $9,000

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

  1317 S Wellington St, 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

  1317 S Wellington St, Memphis, TN 38106
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  /39

  $436,900

  • 6 Beds
  • 1,159 Sq Ft

  3789 Fairoaks Ave, Memphis, TN 38122

  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

  3789 Fairoaks Ave, Memphis, TN 38122
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  /2

  $39,000

  • Land
  • 0.13 Acre
  • $300,000 per Acre

  500 E Georgia Ave, Memphis, TN 38126

  Excellent opportunity for builders or future homeowners! This property provides a great foundation for your next project, whether you’re looking to build a personal residence or an investment home. Located near downtown Memphis, this lot offers convenient access to shopping, dining, schools, and major roadways. Positioned in an area experiencing new growth and revitalization, it’s the right mix

  Jonathan Nunez Fast Track Realty, LLC

  500 E Georgia Ave, Memphis, TN 38126
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  /20

  $190,000

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

  3739 Spottswood Ave, Memphis, TN 38111

  Tenant occupied - no showings without an accepted contract. This is a great investment opportunity. Currently, it rents for $1,750 a month, and the lease will end on 7/31/2025. It can be sold separately or as a package deal along with 572 Watson St, 582 Watson St, and 3863 Spottswood Ave.

  Crystal Mitchell Renshaw Company, REALTORS

  3739 Spottswood Ave, Memphis, TN 38111
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  /9

  $125,000

  • 4 Beds
  • 1 Bath
  • 1,159 Sq Ft

  3789 Fairoaks Ave, Memphis, TN 38122

  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

  3789 Fairoaks Ave, Memphis, TN 38122
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  /6

  $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 fresh lease in place. Annual gross income 12,000 offering approximately 12.6 percent gross yield at current list price. Fully renovated with private pay tenant secured. Low maintenance asset positioned for immediate return. Perfect for DSCR LOAN Option or Cash Buyer. ***DO NOT DISTURB TENANT*** Sold As-is.

  Tiffany Brown Keller Williams

  2545 Spottswood Ave, Memphis, TN 38114
• 

  

  /13

  $62,500

  • 3 Beds
  • 2 Baths
  • 1,400+ Sq Ft

  3243 Thirteen Colony Mall Unit 2B, Memphis, TN 38115

  Great investment opportunity. Tenant occupied, cash flowing and professionally managed rental property available. Currently rented for $925/mo with a $955 security deposit on file. Gated parking. $225 HOA fee. Brick exterior. Lease expires 9/30/26. Do not approach or disturb tenant, no showings without an accepted offer. No wholesale, assignment, seller finance or creative finance. Seller also

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3243 Thirteen Colony Mall Unit 2B, Memphis, TN 38115
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  /11

  $33,900

  • 2 Beds
  • 1 Bath
  • 806 Sq Ft

  1594 Maplewood St, Memphis, TN 38108

  Vacant, easy to show. Home is in need of renovations. Would make an excellent investment opportunity. Cash/Hard Money only

  Caleb Parr Renshaw Company, REALTORS

  1594 Maplewood St, Memphis, TN 38108
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  /13

  $127,900

  • 3 Beds
  • 1 Bath
  • 1,005 Sq Ft

  5071 Neely Rd, Memphis, TN 38109

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $995 per month and is on a lease from 08/04/2025 - 08/03/2026. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

  Alex Evans Reedy & Company, REALTORS

  5071 Neely Rd, Memphis, TN 38109
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  /14

  $250,000

  • 2 Beds
  • 1,641 Sq Ft

  370 S Fenwick Rd, Memphis, TN 38111

  Great investment opportunity! Property has long been stabilized with long term tenants. Property also has new roof. Easy turnkey opportunity. Call agent for showings. Rents are $800 and $850 for 1 bed rooms, and $750 for the studio. Cash offers only- property is currently legal non conforming use and needs a special use permit.

  Worth Woodyard Woodyard Realty Corp

  370 S Fenwick Rd, Memphis, TN 38111
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  /23

  $79,900

  • 3 Beds
  • 1 Bath
  • 864 Sq Ft

  4518 Suncrest Dr, Memphis, TN 38127

  Hurry and come see this beautifully updated home with luxury touches throughout! Recently remodeled with new flooring, an updated kitchen, and a roof less than four years old, this property is move-in ready and perfect as a personal residence or income-producing investment. Conveniently located near shopping and major routes - a great find in the Frayser area! Home is currently occupied, please

  Melody Mitchell TRUST REALTY GROUP

  4518 Suncrest Dr, Memphis, TN 38127
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  /2

  $95,000

  • 3 Beds
  • 1 Bath
  • 1,430 Sq Ft

  3674 Mountain Terrace St, Memphis, TN 38127

  Incredible investment opportunity available with tremendous cash flow and huge potential upside! This home is currently rented for $1050/mo with a market rent of $1200/mo. 21 property package available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied. Many of these homes have had significant rehab done in the past few years.

  William Haynes Crye-Leike, Inc., REALTORS

  3674 Mountain Terrace St, Memphis, TN 38127
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  /2

  $9,000

  • Land
  • 0.1 Acre
  • $90,000 per Acre

  477 E Alston Ave, Memphis, TN 38126

  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

  477 E Alston Ave, Memphis, TN 38126
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  /15

  $65,000

  • 3 Beds
  • 1 Bath
  • 840 Sq Ft

  3044 Green Rd, Memphis, TN 38109

  Great opportunity available. This property has been rehabbed in the past few years and with a little TLC could make a great home or investment property. This property has newer fixture, flooring, windows and more. Property needs clean up and cosmetics. Located just minutes from Downtown, this home offers easy access to local amenities. Online video available upon request. No wholesale, no seller

  William Haynes Crye-Leike, Inc., REALTORS

  3044 Green Rd, Memphis, TN 38109
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  /5

  $5,500

  • Land
  • 0.13 Acre
  • $42,308 per Acre

  661 Eads Ave, Memphis, TN 38106

  This prime vacant lot presents an incredible opportunity for savvy buyers, investors, or builders ready to shape their vision in the heart of historic South Memphis! Priced affordably, this cleared parcel offers a generous canvas—approximately 0.13 acres—with easy access to major highways, quick commutes to vibrant Downtown Memphis, and proximity to the city's iconic landmarks, music scene, and

  Rebecca Edwards Keller Williams

  661 Eads Ave, Memphis, TN 38106
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  /10

  $370,000

  • 4 Beds
  • 3 Baths
  • 3,520 Sq Ft

  1891 South Pkwy E, Memphis, TN 38114

  Beautifully renovated historic home along South Parkway East offering charm, space, and versatility. Ideal as a primary residence, long-term rental, or short-term investment. Conveniently located minutes from Midtown, the University of Memphis, Rhodes College, Christian Brothers University, and downtown. Spacious living areas, classic architectural details, and modern updates make this home a

  Courtney Clark Keller Williams

  1891 South Pkwy E, Memphis, TN 38114
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  /28

  $89,000

  • 3 Beds
  • 1.5 Baths
  • 2,392 Sq Ft

  2423 Saint Elmo Ave, Memphis, TN 38127

  Great investment property! Just needs a little TLC! Being sold AS IS! This property has so much potential! Almost 2400, huge .66 acre corner lot, 3 Bedrooms, 1.5 Bathrooms, Living room, Den, Huge basement, one car garage, etc..... Hurry and schedule your private showing before it's gone!

  Myles Wilson Keller Williams

  2423 Saint Elmo Ave, Memphis, TN 38127
• 

  /2

  $10,000

  • Land
  • 0.17 Acre
  • $58,824 per Acre

  0 E Alston Ave Unit 29, Memphis, TN 38126

  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 E Alston Ave Unit 29, Memphis, TN 38126
• 

  /2

  $110,000

  • 3 Beds
  • 1 Bath
  • 1,818 Sq Ft

  3675 Mountain Terrace St, Memphis, TN 38127

  tenant occupied investment property, do not disturb tenant. Tenant's rights apply. showings only permitted with accepted offer. current rent is $825.00 per month. Tenant is month to month

  Justin Thorne HomePlace Real Estate

  3675 Mountain Terrace St, Memphis, TN 38127
• 

  

  /7

  $68,000

  • 2 Beds
  • 1 Bath
  • 882 Sq Ft

  3742 Berry Ln, Memphis, TN 38128

  Rent ready investment property available. This home has been renovated with new roof, new HVAC (furnace, AC unit, and a hot water tank will all be installed at closing.)

  Crystal Mitchell Renshaw Company, REALTORS

  3742 Berry Ln, Memphis, TN 38128
• 

  

  /5

  $114,900

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

  1690 Berkshire Ave, Memphis, TN 38108

  INVESTORS ONLY! Great investment opportunity. Tenant occupied and professionally managed home for sale. Could be a great addition to your rental portfolio. Currently rented for $875/mo. Lease expires 6/30/26. ONLINE VIDEO AVAILABLE UPON REQUEST. Roof looks good, exterior is low maintenance siding. Long term tenant who loves living there and wants to stay. Home has central heat and window units

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1690 Berkshire Ave, Memphis, TN 38108
• 

  /2

  $10,000

  • Land
  • 0.08 Acre
  • $125,000 per Acre

  1077 S Orleans St Unit 3, Memphis, TN 38126

  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

  1077 S Orleans St Unit 3, Memphis, TN 38126

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