Investment - Homes for Sale in Memphis, TN

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  /40

  $95,000

  $5K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,275 Sq Ft

  4100 Cliffdale St, Memphis, TN 38127

  Turnkey investment opportunity in the heart of 38127! This tenant-occupied 3-bedroom, 1.5-bath home offers immediate cash flow with a current rental rate of $1,050/month. Featuring a functional layout and a convenient carport, this property is ideal for investors looking to expand their portfolio with a performing asset. Located in a stable rental area with consistent demand, this home provides

  Caleb Parr Renshaw Company, REALTORS

  4100 Cliffdale St, Memphis, TN 38127
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  /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
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  /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 $795, lease expires 9/30/2026, 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
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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
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  /30

  $199,950

  $40K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 1,540 Sq Ft

  3470 Guernsey Ave, Memphis, TN 38122

  Renovated 4br/3ba. All furnishings included, (all appliances, furniture, and fixtures). Perfect for family or investment property. Convenient to all shopping and dining.

  KC Lam Cordova Realty, Inc.

  3470 Guernsey Ave, Memphis, TN 38122
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  /4

  $5,500

  • Land
  • 4,791 Sq Ft
  • $50,000 per Acre

  2207 Clarksdale Ave, Memphis, TN 38108

  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

  2207 Clarksdale Ave, Memphis, TN 38108
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  /3

  $9,999

  $2K PRICE DROP

  • Land
  • 7,405 Sq Ft
  • $58,818 per Acre

  1743 Eldridge Ave, Memphis, TN 38108

  Prime build-ready lot—freshly demo’d and cleared, utilities nearby, and ready for your next new construction or investment project! Located in a neighborhood surrounded by redevelopment, this site is ideal for builders, developers, or investors seeking a strong ROI. All the groundwork is done—just bring your plans and start building. Perfect opportunity for a custom home, multi-unit build, or

  Patrice Williams-Wooten Keller Williams

  1743 Eldridge Ave, Memphis, TN 38108
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  /2

  $20,000

  • Land
  • 3,484 Sq Ft
  • $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
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  /16

  $39,990

  • 3 Beds
  • 1 Bath
  • 1,287 Sq Ft

  1002 Creston Ave, Memphis, TN 38127

  3 bed, 1 bath home situated on a large lot in the growing Frayser area—perfect for investors looking to add value. This property offers strong upside potential with the right renovation and vision. While the home requires a full rehab, its layout and lot size provide an excellent foundation for a long-term rental or resale project. Conveniently located near major employers, shopping, and everyday

  Lawson Roberts Renshaw Company, REALTORS

  1002 Creston Ave, Memphis, TN 38127
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  /6

  $85,500

  • 3 Beds
  • 1 Bath
  • 1,113 Sq Ft

  2618 Supreme Ave, Memphis, TN 38114

  Investment opportunity! This 3 bed 1 bath brick home is tenant occupied with rent at $867/mo. With plenty of parking, a large fenced backyard and a large storage building, this home is ready for a new owner. Long term tenant wants to stay.

  Becca Dickerson Sowell, Realtors

  2618 Supreme Ave, Memphis, TN 38114
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  /2

  $9,000

  $2K PRICE DROP

  • Land
  • 8,712 Sq Ft
  • $45,000 per Acre

  664 Lucy Ave, Memphis, TN 38106

  Portfolio List Price: $185,000 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

  Austin Rowe Onward Real Estate

  664 Lucy Ave, Memphis, TN 38106
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  /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
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  /12

  $134,900

  • 3 Beds
  • 1.5 Baths
  • 1,187 Sq Ft

  919 Chesterton Dr, Memphis, TN 38127

  Turnkey investment opportunity with immediate cash flow! This tenant-occupied property generates $1,350/month, with a tenant in place since October 2025, providing stable income and reduced vacancy risk. Located in an unincorporated area with low county taxes, helping maximize investor returns. Ideal for both new and seasoned investors, with potential eligibility for various financing options,

  David Truong eXp Realty, LLC

  919 Chesterton Dr, Memphis, TN 38127
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  /15

  $135,000

  • 1 Bath
  • 595 Sq Ft

  731 Litty Ct Unit 105, Memphis, TN 38103

  Charming fully furnished studio condo in the coveted South Bluffs community featuring stunning Mississippi River views. Bright open floor plan with large windows, updated finishes, and in-unit washer/dryer. Enjoy gated access, assigned covered parking, and a community pool. Ideally located steps from Tom Lee Park, Beale Street, and South Main Arts District. Perfect for downtown living, a second

  Lakesha Lilly Leatherwood The Home Partners Realty

  731 Litty Ct Unit 105, Memphis, TN 38103
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  /9

  $80,000

  $35K PRICE DROP

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

  1322 Sardis St, Memphis, TN 38106

  Investors—Add This One to Your Portfolio! This well-maintained brick home is located just minutes from the downtown area. It features three bedrooms, one bathroom, a new roof, and new windows, offering peace of mind and reduced maintenance costs. Tenant-occupied—please do not disturb. This property is a solid investment opportunity with strong potential for rental income.

  Area Mays KAIZEN Realty, LLC

  1322 Sardis St, Memphis, TN 38106
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  /13

  $115,000

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,196 Sq Ft

  1545 Oakwood St, Memphis, TN 38108

  Turnkey investment opportunity with immediate cash flow! This fully renovated 3-bedroom, 2-bath home is tenant occupied and currently generating $1,300 per month, offering strong returns from day one. With a list price of $115,00, and almost a 14% gross ROI, this is a great option for investors seeking solid ROI and positive cash flow. Renovated from the studs, updates include new electrical,

  Mark Wilson Coldwell Banker Collins-Maury

  1545 Oakwood St, Memphis, TN 38108
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  /39

  $274,000

  $138K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 2,808 Sq Ft

  1319 Peach Ave Unit 1319,1321,1323,1325, Memphis, TN 38104

  PRIME INVESTMENT OPPURTUNITY IN THE HEART OF MEMPHIS!!! 3 TENANT OCCUPIED DUPLEX UNITS: PACKAGE DEAL There are 6....1BEDROOM 1 BATH units. 1319 Peach Ave (MLS #10219788) and 1327 Peach Ave (10219779) Long term tenants on a lease through 12/31/26. Exceptional opportunity to own very well maintained property near Crosstown Concourse. These income-producing properties also include fenced backyards.

  Chastity Wamble Moss Real Estate

  1319 Peach Ave Unit 1319,1321,1323,1325, Memphis, TN 38104
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  $76,000

  $21K PRICE DROP

  • 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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  /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

  $142,000

  $58K PRICE DROP

  • 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

  $9,000

  $2K PRICE DROP

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

  496 E Alston Ave, Memphis, TN 38126

  Portfolio List Price: $185,000 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

  Austin Rowe Onward Real Estate

  496 E Alston Ave, Memphis, TN 38126
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  /11

  $53,000

  $17K PRICE DROP

  • 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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  /23

  $1,650,000

  • 14 Beds
  • 1,116 Sq Ft

  1961 Rembert Place Unit 1961,1962, 1963, 196, Memphis, TN 38104

  100% OCCUPIED + A GATED TOWNHOME COMMUNITY in one of the most sought after investment areas in the Greater Memphis Area! A stone's throw from Chick-Fil-A and the vibrant Overton Square, this fully renovated (2019) complex features new windows, roof, flooring, granite countertops, stainless steel appliances, asphalt parking, gate, and more. All units are 2 beds/2.5 baths with a spacious

  Ashley Wisch eXp Realty, LLC

  1961 Rembert Place Unit 1961,1962, 1963, 196, Memphis, TN 38104
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  /2

  $10,000

  • Land
  • 7,840 Sq Ft
  • $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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  /2

  $100,000

  • 2 Beds
  • 1 Bath
  • 850 Sq Ft

  1862 Dupont Ave, Memphis, TN 38127

  Great investment opportunity in this rental income producing house. It has 2 bedrooms and 1 baths. Currently renting for $1,200 per month. so as not to disturb tenants inspection scheduled after an accepted offer.

  Harry Samuels Pinnacle Realty

  1862 Dupont Ave, Memphis, TN 38127
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  /17

  $209,900

  $9K PRICE DROP

  • 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. 24-48 notice required to show. No owner financing, assignments or creative offers.

  Flor Bernal Crye-Leike, Inc., REALTORS

  6605 Red Birch Dr, Memphis, TN 38115
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  /2

  $85,000

  $10K PRICE DROP

  • 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

  $124,900

  $15K PRICE DROP

  • 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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  /2

  $115,000

  $5K PRICE DROP

  • 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

  $9,000

  $2K PRICE DROP

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

  496 E Alston Ave Unit 28, Memphis, TN 38126

  Portfolio List Price: $185,000 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

  Austin Rowe Onward Real Estate

  496 E Alston Ave Unit 28, Memphis, TN 38126
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  /19

  $173,000

  $2K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,659 Sq Ft

  540 Berclair Rd, Memphis, TN 38122

  PRIME INVESTMENT PACKAGE DEAL: Three income-producing properties (1004-1006 Highland Ave, 1096-1098 Gordon Ave, and 540-542Berclair 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

  540 Berclair Rd, Memphis, TN 38122
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  /28

  $254,900

  $35K PRICE DROP

  • 6 Beds
  • 3,411 Sq Ft

  2012 Carnes Ave, Memphis, TN 38114

  Located in a solid rental area, this 4-plex property offers excellent income potential. The property features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, making it a versatile addition to any investment portfolio. One of the 2-bedroom units was previously rented to a Section 8 tenant for $945 per month, demonstrating strong rental demand. With full occupancy, this property has

  Chris Mosby ResiAmerica, Inc.

  2012 Carnes Ave, Memphis, TN 38114
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  /2

  $8,000

  $3K PRICE DROP

  • Land
  • 3,484 Sq Ft
  • $100,000 per Acre

  1317 S Wellington St, Memphis, TN 38106

  Portfolio List Price: $185,000 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

  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

  $38,900

  • Land
  • 5,662 Sq Ft
  • $299,231 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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  /34

  $94,900

  • 3 Beds
  • 1 Bath
  • 1,297 Sq Ft

  2328 Millbrook Ave, Memphis, TN 38127

  Charming 3BR/1BA brick ranch on a spacious corner lot in Northwood Manor. Features original hardwoods, a functional layout, and a front-load garage. Large, level backyard ideal for entertaining. Convenient access to shopping and transit. Move-in ready or perfect for investment!

  Alexis Martz Trelora Realty

  2328 Millbrook Ave, Memphis, TN 38127
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  /20

  $190,000

  $25K PRICE DROP

  • 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 582 Watson St.

  Crystal Mitchell Renshaw Company, REALTORS

  3739 Spottswood Ave, Memphis, TN 38111
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  /2

  $98,000

  • 3 Beds
  • 1 Bath
  • 816 Sq Ft

  293 Carbon Rd, Memphis, TN 38109

  Great investment opportunity in this rental income producing house. It has 2 bedrooms and 1 baths. Currently renting for $950 per month. so as not to disturb tenants inspection scheduled after an accepted offer.

  Harry Samuels Pinnacle Realty

  293 Carbon Rd, Memphis, TN 38109

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