Investment - Homes for Sale in Memphis, TN

• 

  

  

  /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
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  /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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  /14

  $209,999

  • 3 Beds
  • 1 Bath
  • 1,390 Sq Ft

  1251 Lamar Ave, Memphis, TN 38104

  Home completed updated! Set your appointment for your new home or next investment property. Close to downtown and all colleges/universities. This would make a great home for first-time buyers or college students.

  Andre Pruitt TRG Real Estate Services, LLC

  1251 Lamar Ave, Memphis, TN 38104
• 

  

  /2

  $75,000

  • 2 Beds
  • 1 Bath
  • 744 Sq Ft

  3780 Norris Ave, Memphis, TN 38111

  Well-maintained single-family home, ideal for a family or as an investment property. The property is located in the 38111 area, near shopping malls, restaurants, the University of Memphis, and local entertainment. Heating: Gas forced air furnace. Home includes all appliances. Please do not disturb tenants. Key details: - 2 bedrooms, 1 bathroom - Currently cash-flowing at $640/month - Lease ends

  Donnie Morrow eXp Realty, LLC

  3780 Norris Ave, Memphis, TN 38111
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  /12

  $108,000

  • 2 Beds
  • 1.5 Baths
  • 1,333 Sq Ft

  3725 Wax Myrtle Dr, Memphis, TN 38115

  This property has a projected monthly rent of $975. Well-positioned investment opportunity featuring a functional layout and solid bones. Recent updates enhance overall appeal, while the property remains in fair condition with visible wear consistent with age. Ideal for investors seeking to add value through cosmetic improvements and strategic upgrades. Conveniently located with strong rental and

  James Wachob Foundation Property Management

  3725 Wax Myrtle Dr, Memphis, TN 38115
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  /2

  $12,000

  $4K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 640 Sq Ft

  1255 Lion St, Memphis, TN 38107

  Investment special! Great opportunity to renovate, rebuild, or add to your investment portfolio. Property is being sold AS-IS. This investment property is located just minutes from downtown and it is conveniently located near major highways

  Geraldine Lewis Keller Williams

  1255 Lion St, Memphis, TN 38107
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  /18

  $1,568,000

  • 50 Beds
  • 946 Sq Ft

  32 N Belvedere Blvd Unit 32-3, Memphis, TN 38104

  Investment Opportunity in Midtown Memphis! Seller is selling 19 individual units (42 total bedrooms & 19 bathrooms). Properties are professionally managed and seller is interested in a bulk sale buyer to buy all 19 doors. Monthly current rent is $17,410 per monthly and each individual unit has a $160 per monthly HOA fee. There are five 3 bedroom units, thirteen 2 bedroom units, and 1 one bedroom

  Tyler Tapley Crye-Leike, Inc., REALTORS

  32 N Belvedere Blvd Unit 32-3, Memphis, TN 38104
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  /40

  $104,900

  • 3 Beds
  • 4 Baths
  • 1,125 Sq Ft

  2797 Montague Ave, Memphis, TN 38114

  Cash-Flowing Investment Opportunity! Currently tenant occupied at $1050/mo. Long-Term tenant in place. Lease is m2m. No showings without accepted offer.

  Caleb Parr Renshaw Company, REALTORS

  2797 Montague Ave, Memphis, TN 38114
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  /23

  $159,900

  • 3 Beds
  • 2 Baths
  • 1,717 Sq Ft

  1613 Locust St, Memphis, TN 38108

  Fantastic opportunity to own this 3-bedroom, 2-bathroom home that's only one year old! This move-in-ready property features durable luxury vinyl plank flooring, elegant light fixtures, and an open-concept floor plan designed for comfortable everyday living and entertaining. Enjoy the privacy-fenced backyard and covered patio, providing the perfect space for relaxing or hosting family and friends.

  Chris Mosby ResiAmerica, Inc.

  1613 Locust St, Memphis, TN 38108
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  /9

  $129,950

  • 3 Beds
  • 1 Bath
  • 1,350 Sq Ft

  3437 Coleman Ave, Memphis, TN 38122

  New Price. Vacant call appointment center. Moving in ready, New Floor, New Paint inside out and New HVAC SYSTEM. Call your realtor for private showing. Proof of fund or preapproval. Near shopping centers and restaurants. Easy access to Sam Cooper Blvd. and I-40. Good for owner occupant or investment purpose.

  KC Lam Cordova Realty, Inc.

  3437 Coleman Ave, Memphis, TN 38122
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  /2

  $27,500

  • Land
  • 6,969 Sq Ft
  • $171,875 per Acre

  649 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

  649 Walker Ave, Memphis, TN 38126
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  /2

  $85,000

  • 3 Beds
  • 1 Bath
  • 975 Sq Ft

  3605 Suzanne Dr, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $992 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

  3605 Suzanne Dr, Memphis, TN 38127
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  /2

  $85,000

  • 3 Beds
  • 1 Bath
  • 1,018 Sq Ft

  3668 Suzanne Dr, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $1,000 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

  3668 Suzanne Dr, Memphis, TN 38127
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  /2

  $29,000

  • Land
  • 6,969 Sq Ft
  • $181,250 per Acre

  0 Arnold Cove, Memphis, TN 38118

  Build your next home or investment on this desirable 0.169-acre residential lot located at the end of a quiet cul-de-sac in an established Memphis neighborhood. With public water and public sewer available, the property is well-positioned for future residential construction. Its end-of-cul-de-sac location for added privacy, minimal traffic, and an attractive setting for a custom home.

  Steven Koleno Beycome Brokerage Realty LLC

  0 Arnold Cove, Memphis, TN 38118
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  /6

  $174,800

  • 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
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  /2

  $85,000

  • 3 Beds
  • 1 Bath
  • 1,298 Sq Ft

  1484 Paullus Ave, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $760 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

  1484 Paullus Ave, Memphis, TN 38127
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  /6

  $157,000

  • 4 Beds
  • 2 Baths
  • 1,413 Sq Ft

  1609 Hugenot St, Memphis, TN 38114

  Currently leased at $775/month per unit — Unit 1609 through 05/01/2028, Unit 1611 through 04/03/2027. Excellent opportunity to acquire a duplex in the historic Orange Mound area of Memphis. Built as a true 2-unit property, each side offers a functional 2BR/1BA layout with strong rental appeal. The property features classic character, hardwood flooring, abundant natural light, central HVAC, and a

  James Wachob Foundation Property Management

  1609 Hugenot St, Memphis, TN 38114
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  /2

  $5,000

  • Land
  • 9,147 Sq Ft
  • $23,810 per Acre

  654 Regent Place, 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 inareas experiencing continuedrevitalization and strong rental demand. Portfolio includes the following properties:

  Austin Rowe Onward Real Estate

  654 Regent Place, Memphis, TN 38106
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  /38

  $225,000

  $5K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,223 Sq Ft

  2957 S Pondside Dr, Memphis, TN 38119

  TOWNHOMES are the way to go! Dont simply buy, Seek a lifestyle that blends convenience, efficiency, flexibility, security, and modern updates into one exceptional living experience. Gated Community Residence- Thoughtfully updated and full of value, this 2BR/2BA home combines today's most desirable upgrades with the opportunity to personalize the finishing touches. The renovated kitchen opens to

  Tara Bradley Crye-Leike, Inc., REALTORS

  2957 S Pondside Dr, Memphis, TN 38119
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  /40

  $94,900

  $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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  /5

  $215,000

  • 4 Beds
  • 2 Baths
  • 1,334 Sq Ft

  1551 Cane Rd, Memphis, TN 38106

  Incredible equity or investment opportunity! This modern, single-story home was built in 2022 and features a beautiful brick veneer exterior. Inside, find an open-concept floor plan combining a separate living room, eat-in kitchen, and laminate wood floors. Boasting 4 bedrooms and 2 full baths (including a private primary suite), it offers 1,334 sq ft of comfortable living space. External

  Amirio Armour Armour and Associates Realty L

  1551 Cane Rd, Memphis, TN 38106
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  /35

  $375,000

  $20K PRICE DROP

  • 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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  /2

  $45,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 907 Sq Ft

  188 Charter Ave, Memphis, TN 38109

  This property is in a prime location and is a great investment opportunity! This property is for sale in its as is condition.

  Daniel Hawkins KAIZEN Realty, LLC

  188 Charter Ave, Memphis, TN 38109
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  /18

  $208,900

  • 3 Beds
  • 1.5 Baths
  • 1,813 Sq Ft

  1951 Colfax Ave, Memphis, TN 38116

  Opportunity awaits with this spacious brick home featuring timeless character and solid construction. The property offers multiple living areas, generous-sized bedrooms, original hardwood flooring throughout much of the home, two bathrooms, and a functional floor plan ready for your personal updates. The kitchen provides cabinetry, generous counter space, and an adjoining dining area. Large

  Kelvin Lake C21 Patterson & Assoc. Real Es

  1951 Colfax Ave, Memphis, TN 38116
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  /2

  $75,000

  • 3 Beds
  • 1 Bath
  • 951 Sq Ft

  3596 Julia St, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $665 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

  3596 Julia St, Memphis, TN 38127
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  /3

  $9,500

  $3K PRICE DROP

  • Land
  • 7,405 Sq Ft
  • $55,882 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

  $27,990

  $12K PRICE DROP

  • 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
• 

  /2

  $25,000

  • 2 Beds
  • 1 Bath
  • 493 Sq Ft

  2066 Lowell Ave, Memphis, TN 38114

  Calling all investors, builders, and visionaries! This property sits on an impressive 0.88-acre lot, offering endless possibilities for your next project. Whether you're looking to renovate, expand, build new (subject to local zoning and approvals), or add to your investment portfolio, this spacious lot provides the flexibility you've been searching for. With nearly an acre of land, there's ample

  Shuntez Davis Keller Williams

  2066 Lowell Ave, Memphis, TN 38114
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  /27

  $255,000

  $20K PRICE DROP

  • 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

  $129,900

  $5K PRICE DROP

  • 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
• 

  

  /23

  $174,950

  • 2 Beds
  • 1.5 Baths
  • 1,052 Sq Ft

  1947 Madison Ave Unit 2, Memphis, TN 38104

  Complete renovation in 2022, including electrical panel, hot water heater, HVAC, all new appliances, upgraded HVAC duct work (replaced with metal). Both bathrooms gutted and rebuilt, additional insulation added, all lights/fans upgraded, all door knobs/hinges replaced, all trim/walls repaired, sanded, painted. Luxury additions include heated floor and curbless shower in main bath, convection oven

  Elisabeth Buckner 901 Real Estate Services

  1947 Madison Ave Unit 2, Memphis, TN 38104
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  /10

  $84,900

  $5K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,373 Sq Ft

  1515 Semmes St, Memphis, TN 38114

  NEW PRICE! Investor opportunity with plenty potential in 38114!! 2bedroom 2 full bathroom home with additional potential to create a 3rd bedroom. Sold AS-IS. Great opportunity for a fix and flip or buy-and-hold investment. Property needs repairs and updating. Owner-occupants looking to customize and renovate. Bring your contractor and your vision and unlock the potential of this property. Ideal

  Candice Freeman Keller Williams

  1515 Semmes St, Memphis, TN 38114
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  /2

  $5,000

  • Land
  • 5,227 Sq Ft
  • $41,667 per Acre

  749 Bullington 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 inareas experiencing continued revitalization and strong rental demand. Portfolio includes the following properties:

  Austin Rowe Onward Real Estate

  749 Bullington Ave, Memphis, TN 38106
• 

  

  /25

  $140,000

  • 3 Beds
  • 2 Baths
  • 1,313 Sq Ft

  2753 E Skyline Cir, Memphis, TN 38127

  Welcome to this updated home located in the Woodland Hills subdivision of Memphis’ Frayser area. This home features new carpet in the bedrooms and easy-to-maintain tile flooring throughout the living room, kitchen, and bathroom. The backyard offers added privacy with a new fence, creating a great space for relaxing, entertaining, or enjoying time outdoors. Situated in a quiet residential setting

  Anthony Mannie KAIZEN Realty, LLC

  2753 E Skyline Cir, Memphis, TN 38127
• 

  

  /13

  $114,900

  $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
• 

  

  /20

  $214,900

  • 3 Beds
  • 2 Baths
  • 1,448 Sq Ft

  2630 Mossy Rock Cove, Memphis, TN 38133

  Ready for your next project? This house needs a little of everything to bring it back to life, but the bones are great. Ideal for investors looking for their next buy and hold. Will make a great investment property. Sellers are investors and have never seen the property. Property is priced below market to reflect needed updates. Utilities have been requested. Buyers to perform their due

  Ryan Flannery Premier Realty Group, LLC

  2630 Mossy Rock Cove, Memphis, TN 38133

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