Homes for Sale near Magnolia Elementary School

• 

  

  

  /14

  $45,000

  • 3 Beds
  • 1 Bath
  • 1,260 Sq Ft

  1025 Chelsea Ave, Memphis, TN 38107

  Value-add opportunity with solid rental upside! This property offers ample space and a flexible layout ideal for investors looking to renovate and maximize returns. Significant cosmetic and/or mechanical updates may be needed, making this a strong candidate for a rehab-to-rent or BRRRR strategy. Located near key employment centers and major corridors, the area supports steady rental demand. After

  Zakiyyah Langford MLE Realty, LLC

  1025 Chelsea Ave, Memphis, TN 38107
• 

  

  

  /31

  $229,900

  • 4 Beds
  • 3 Baths
  • 2,165 Sq Ft

  3612 Hazelhedge Dr, Memphis, TN 38116

  Cash-flowing 2025 fully renovated property with government-backed income stream! This tenant-occupied home is currently rented at $1,839 per month, with most of the payment secured through the Section 8 program — a major strength for investors seeking consistent and predictable returns. Immediate income, established tenancy, and minimal downtime risk make this a smart portfolio addition.

  Adam Thornton Marathon REALTORS, LLC

  3612 Hazelhedge Dr, Memphis, TN 38116
• 

  

  

  /15

  $104,900

  • 2 Beds
  • 1 Bath
  • 763 Sq Ft

  2717 Frisco Ave, Memphis, TN 38114

  Turnkey investment opportunity in Memphis! This property was fully renovated in 2024, featuring a new roof, new furnace, completely updated kitchen and bathroom, and new LVT flooring throughout. Major systems are already in great shape with AC replaced in 2019 and water heater in 2017. Currently tenant occupied at $850/month, with rent 100% paid by the Section 8 program, providing reliable,

  Adam Thornton Marathon REALTORS, LLC

  2717 Frisco Ave, Memphis, TN 38114
• 

  

  

  /30

  $114,900

  • 3 Beds
  • 2 Baths
  • 996 Sq Ft

  3084 Pershing Ave, Memphis, TN 38112

  Beautifully renovated 3 bed, 2 full bath turn-key home featuring a spacious laundry room and large driveway with ample parking. Extra-large backyard perfect for entertaining or pets. Prime central location just minutes to the University of Memphis, Memphis Zoo, and Memphis International Airport. Completely renovated in 2021 and freshly updated again in 2026 for peace of mind. Ideal primary

  Daniel Demers Sell Your Home Services, LLC

  3084 Pershing Ave, Memphis, TN 38112
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  /13

  $232,000

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

  1551 Cane Rd, Memphis, TN 38106

  ?? Beautiful 4-Bedroom Modern Home in South Memphis Welcome to 1551 Cane Ave, Memphis, TN 38106 — a stunning, newer construction single-family residence built in 2022 that blends modern comfort with practical design. Step inside to an open-concept floor plan that connects the living room, dining area and kitchen — perfect for everyday living and entertaining. The kitchen features updated finishes

  Daphne Battle Signature Realty, LLC

  1551 Cane Rd, Memphis, TN 38106
• 

  

  /24

  $185,000

  • 2 Beds
  • 1 Bath
  • 1,177 Sq Ft

  826 N Willett St, Memphis, TN 38107

  Step into the cutest VE bungalow on a well-kept Midtown street! Convenient to Rhodes College, Willett would be a great home for owner occupants or students alike. Enjoy relaxing on the inviting front porch, then head inside to bright, spacious living areas and an awesome kitchen with appliances and a walk-in pantry. Both bedrooms are large, and the original bathroom is bright and clean. There is

  Ashleigh Bettis Bluff City Realty Group, LLC

  826 N Willett St, Memphis, TN 38107
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  /4

  $225,000

  • 3 Beds
  • 2 Baths
  • 1,179 Sq Ft

  2892 Douglass Ave, Memphis, TN 38114

  Fully rehabbed in 2022! Tenant occupied until 2028 at $1350/month. No showings or inspections without an accepted contract. 2022 rehab included-All new electrical wiring, outlets, switches, and panel. All new plumbing supply and drain lines, HVAC system, insulation throughout, drywall, trim, and interior doors. Fully renovated kitchen with new cabinets, countertops, backsplash, and fixtures.

  Alissa Fowler CrestCore Realty MphsBrokerage

  2892 Douglass Ave, Memphis, TN 38114
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  /35

  $122,900

  • 1 Bed
  • 1 Bath
  • 792 Sq Ft

  109 N Main St Unit 412, Memphis, TN 38103

  This is a great opportunity to own a piece of downtown history! 1BD/1BA unit in The Claridge House is an easy retreat in the walkable Central Business District. The condo features newer installed vinyl flooring for easy maintenance, stainless appliances, an open kitchen design with a breakfast bar that allows natural light from the north-facing windows to filter in, neutral paint and finishes,

  Ashley Bonds Marx-Bensdorf, REALTORS

  109 N Main St Unit 412, Memphis, TN 38103
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  /40

  $564,000

  • 3 Beds
  • 3.5 Baths
  • 2,818 Sq Ft

  200 Wagner Place Unit 1407 & 1408, Memphis, TN 38103

  Seller offering a $10,000 rate buydown! Stunning condo with beautiful Mississippi River and bridge views, in Waterford Plaza! Come see this breathtaking home nestled high up on the 14th floor of the building with the best location Downtown. Natural hardwood floors throughout with specialized Herringbone pattern in Living & Dining areas. Two SubZero Refrigerators included, plus a wet bar with

  Mike Parker The Firm

  200 Wagner Place Unit 1407 & 1408, Memphis, TN 38103
• 

  

  /14

  $159,500

  • 3 Beds
  • 1 Bath
  • 1,017 Sq Ft

  2922 Walker Ave, Memphis, TN 38111

  Charming 2 bedroom, 1 bathroom home featuring brand new flooring and fresh interior paint throughout. This move-in ready property offers a bright, refreshed feel and comfortable living spaces perfect for first-time buyers, downsizers, or investors. Owner/agent.

  Qazi Ahmad Renshaw Company, REALTORS

  2922 Walker Ave, Memphis, TN 38111
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  /6

  $125,000

  • 4 Beds
  • 2 Baths
  • 1,862 Sq Ft

  1111 N Watkins St, Memphis, TN 38107

  This beautifully renovated Klondike home offers a chance to build roots, not just equity. Owner-occupant buyers may purchase for $125,000 through the Klondike Community Land Trust, a community-based model that keeps homes affordable over time, or buy at $175,000 at market rate with no restrictions. The Community Land Trust option includes a simple application, brief homebuyer training, and

  Randall Garrett Franchise Realty, LLC

  1111 N Watkins St, Memphis, TN 38107
• 

  

  /23

  $84,500

  • 3 Beds
  • 1 Bath
  • 1,315 Sq Ft

  123 E Fernwood Ave, Memphis, TN 38109

  Property is currently rented at $950/month. Property was recently renovated. Please do not disturb tenants.

  Jabari Bailey The Bailey Company Realty, Inc

  123 E Fernwood Ave, Memphis, TN 38109
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  /16

  $127,500

  • 5 Beds
  • 1.5 Baths
  • 1,741 Sq Ft

  578 N Hollywood St, Memphis, TN 38112

  Large classic New Orleans style home...in move in condition! 5 bedrooms and 1.5 baths with a remodeled kitchen and baths. Central air and furnace! New carpet! New kitchen counter top! New water heater! Great family home or income producing property. Leased for $1500 per month--2 year lease; from 4/1/2026. MOTIVATED SELLER!! No Seller financing offers; no blind offers.

  Jimmie Tapley Crye-Leike, Inc., REALTORS

  578 N Hollywood St, Memphis, TN 38112
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  /3

  $10,000

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

  1329 Michigan St, Memphis, TN 38106

  Prime opportunity to build in an established South Memphis neighborhood! This vacant residential lot offers a great opportunity for builders, investors, or future homeowners looking to create something new. Conveniently located with easy access to major roadways, schools, and local amenities. Utilities available in the area (buyer to verify). Whether you're planning a primary residence or

  Donnie Morrow eXp Realty, LLC

  1329 Michigan St, Memphis, TN 38106
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  /2

  $170,000

  • 4 Beds
  • 2 Baths
  • 1,405 Sq Ft

  3540 Marion Ave, Memphis, TN 38111

  Incredible investment opportunity available with tremendous cash flow and huge potential upside! Property is currently rented for $1375/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. This could be an amazing

  William Haynes Crye-Leike, Inc., REALTORS

  3540 Marion Ave, Memphis, TN 38111
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  /4

  $159,900

  • 4 Beds
  • 2 Baths
  • 1,748 Sq Ft

  2641 Tutwiler Ave, Memphis, TN 38112

  Fantastic investment opportunity in the Shelby area. This 4br/2 bath Duplex is in the 38112 area. Unit 2641 occupied for $840/month. The lease ends on 7/31/2026. Unit 2643 is occupied for $839/month. The lease ends on 2/28/2027. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  2641 Tutwiler Ave, Memphis, TN 38112
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  /20

  $134,900

  • 2 Beds
  • 1 Bath
  • 873 Sq Ft

  556 Lundee St, Memphis, TN 38111

  Fantastic investment opportunity in the Shelby area. This 2br/1 bath single-family home is in the 38111 area. Cash flowing with a monthly rental amount of $995/month. Currently on MTM. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  556 Lundee St, Memphis, TN 38111
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  /2

  $170,000

  • 3 Beds
  • 2 Baths
  • 1,278 Sq Ft

  3588 Kearney Ave, Memphis, TN 38111

  Incredible investment opportunity available with tremendous cash flow and huge potential upside! This property is currently rented for $1450/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. This could be an amazing

  William Haynes Crye-Leike, Inc., REALTORS

  3588 Kearney Ave, Memphis, TN 38111
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  /7

  $474,900

  • 9 Beds
  • 4,427 Sq Ft

  1235 Vinton Ave, Memphis, TN 38104

  Fantastic investment opportunity in the Shelby area. This Fourplex is in the 38104 area. All four units are occupied. Unit 1 - $1,260 - 10/31/2026 Unit 2 - $1,295 - 02/28/2026 Unit 3 - Vacant Unit 4 - $875 - 09/30/2027 No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  1235 Vinton Ave, Memphis, TN 38104
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  /23

  $200,000

  • 2 Beds
  • 2 Baths
  • 1,567 Sq Ft

  638 Peyton Cir, Memphis, TN 38107

  Cute two/three bedroom home. Fresh exterior paint, new carpet, it's move in ready. Great for a first time home buyer, someone downsizing, or an investor. Located near St Jude Hospital and the Pyramid; nice view of the Pyramid from balcony.

  Harold Haskin Crye-Leike, Inc., REALTORS

  638 Peyton Cir, Memphis, TN 38107
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  /32

  $599,000

  • 3 Beds
  • 3.5 Baths
  • 2,644 Sq Ft

  466 Wagner Place, Memphis, TN 38103

  Welcome to 466 Wagner Place a sophisticated downtown Memphis residence offering the perfect blend of luxury, location, and lifestyle. Featuring 3 spacious bedrooms and 3.5 beautifully appointed bathrooms, this home is designed for those who appreciate elevated city living. Step inside to discover light-filled interiors, modern finishes, and an open, functional layout ideal for both entertaining

  Channing Shaw Emmett Baird Realty, LLC

  466 Wagner Place, Memphis, TN 38103
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  /3

  $149,900

  • 4 Beds
  • 2 Baths
  • 1,344 Sq Ft

  961 N Highland St, Memphis, TN 38122

  Fantastic investment opportunity in the Shelby area. Cash flowing with a monthly rental amount of $750 & $875/month. The lease ends on 07/31/2026 & 08/31/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  961 N Highland St, Memphis, TN 38122
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  /4

  $299,900

  • 10 Beds
  • 3,772 Sq Ft

  1025 S Wellington St, Memphis, TN 38126

  Centrally located near Downtown Memphis, LeMoyne-Owen College, and the Stax Museum, this 5-Unit Garden apartment is sure to impress! New iron stairs on both ends were replaced March 2024. New roof, plumbing, electrical, and mechanical work completed January 2022. Currently 80% occupied. Annual scheduled rents of $38,820, with potential of $42,000 annual rents. Investors only, please call for more

  Joshua Cooper Sowell, Realtors

  1025 S Wellington St, Memphis, TN 38126
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  /38

  $325,000

  • 2 Beds
  • 2 Baths
  • 1,712 Sq Ft

  655 S Riverside Dr Unit 202, Memphis, TN 38103

  Experience luxury living in the heart of downtown in a beautifully updated and freshly painted 2 BD, 2 BA condo. River tower at South Bluffs is one of Downtown Memphis' most prestigious and secure buildings. This spacious unit offers an open living area with abundant natural light, stunning river views with both bedrooms featuring walk-out balconies. Plus balconies and windows have custom remote

  Chastity Wamble Moss Real Estate

  655 S Riverside Dr Unit 202, Memphis, TN 38103
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  /6

  $15,500

  • 2 Beds
  • 1 Bath
  • 650 Sq Ft

  1772 Riverside Blvd, Memphis, TN 38109

  Brick 2 bedroom 1 bathroom home on corner lot available for sale! Convenient location just minutes from downtown. Can't beat this price. Many homes in this area are being rehabbed and sold for more money. Home has an open floor plan plus a friends entrance (perfect for entertaining). Home has hardwood floors and needs repairs but could be worth a lot once fixed up. This could be a great primary

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1772 Riverside Blvd, Memphis, TN 38109
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  /14

  $140,000

  • 2 Beds
  • 1 Bath
  • 883 Sq Ft

  4635 Monaco Rd, Memphis, TN 38117

  Terrific Colonial Acres opportunity! This lovely 3/1 home features adorable curb appeal, beautiful hardwood floors throughout, updated lights and fixtures, a terrific floor plan, a great back yard and so much more! The property was remodeled in 2024 and is being offered at a great price! Seller has multiple properties for sale: Please see documents for details.

  William Haynes Crye-Leike, Inc., REALTORS

  4635 Monaco Rd, Memphis, TN 38117
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  /25

  $188,000

  • 2 Beds
  • 2 Baths
  • 2,146 Sq Ft

  580 S Greer St, Memphis, TN 38111

  Wonderful Chickasaw Gardens Location, Original tile entry and Entry closet/mail room. Large Living Room with Natural Wood Floors. Kitchen has new stainless refrigerator, Stove, Microwave and granite ctops. Large Dining Room with Laundry room with hook ups for W & D. Large bedrooms with ample closet space. Big backyard with covered backporch area. Detached One Car Carport or Storage room.

  Jennifer Boyd Heritage Homes Co.

  580 S Greer St, Memphis, TN 38111
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  /12

  $120,000

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

  1345 Tutwiler Ave, Memphis, TN 38107

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

  Anthony Glenn KAIZEN Realty, LLC

  1345 Tutwiler Ave, Memphis, TN 38107
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  /4

  $75,000

  • 3 Beds
  • 2 Baths
  • 972 Sq Ft

  1448 Valse Rd, Memphis, TN 38106

  INVESTERS ONLY!!! Tenant occupied 3bed 2 bath home that is currently rented at $1171 per month. Owner self manages this property, this could be a great addition to your rental portfolio. No sign in the yard. Please do not disturb or approach the tenant. LEASE AND LEDGER AVAILABLE UPON REQUEST. No Creative or Owner Financed Offers. No Wholesale or Assignment. Property was substantially rehabbed in

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1448 Valse Rd, Memphis, TN 38106
• 

  

  /26

  $205,000

  • 4 Beds
  • 3 Baths
  • 2,021 Sq Ft

  1555 S Wellington St, Memphis, TN 38106

  New Renovation of 5 Bedroom/3 Bathroom, YES! 5 BEDS & 3 FULL BATHS! All on one level! Seller went above and beyond! You must see to believe this terrific floor plan! New easy care plank flooring & fresh paint throughout. NEW roof & HVAC, plus custom kitchen featuring new cabinets, new stainless steel appliances and quartz countertops. Beautiful new primary suite includes large walk-in shower. Use

  Bruce Milner eXp Realty, LLC

  1555 S Wellington St, Memphis, TN 38106
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  /15

  $42,500

  • 1 Bed
  • 1 Bath
  • 686 Sq Ft

  2868 Choctaw Ave, Memphis, TN 38114

  Investors! Welcome to a lovely 1 Bed/1 Bath rental that is cash flowing at $695 per month! Located close to entertainment and commerce, this neighborhood is prime for growth. The current lease is for $725/mo and runs through 10/31/2026, so don't miss this opportunity to expand your portfolio!

  Joshua Cooper Sowell, Realtors

  2868 Choctaw Ave, Memphis, TN 38114
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  /9

  $219,900

  • 4 Beds
  • 1 Bath
  • 1,019 Sq Ft

  1079 Tunstall St, Memphis, TN 38114

  Investors- Opportunity knocks with this tenant occupied- 4 bedroom 1 bathroom home. Fully renovated in 2023 and rented for $1,8000/mo!!! Conveniently located. This could be a great addition to your rental portfolio. Investors only. Tenant occupied. DO NOT APPROACH OR DISTURB TENANT, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. NO WHOLESALE OR ASSIGNMENTS.

  Meatha Haynes Tapley Crye-Leike, Inc., REALTORS

  1079 Tunstall St, Memphis, TN 38114
• 

  

  /22

  $189,900

  • 3 Beds
  • 2 Baths
  • 1,340 Sq Ft

  1449 Lyndale Ave, Memphis, TN 38107

  **ASK ABOUT FORGIVABLE GRANT / LOWERED INTEREST RATE THROUGH RENASANT BANK!** Welcome to 1449 Lyndale Ave — a beautifully renovated 1920 bungalow blending historic charm with modern peace of mind. This 3-bedroom, 2-bath home offers approximately 1,300 square feet of completely updated, turnkey living. Major improvements include new roof, windows, and a full interior renovation in 2021, plus new

  Sarah Flack The Firm

  1449 Lyndale Ave, Memphis, TN 38107
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  /14

  $114,900

  • 3 Beds
  • 1 Bath
  • 1,026 Sq Ft

  1532 Silver St, Memphis, TN 38106

  Fully Renovated & Move-In Ready! Welcome to this beautifully renovated 3 bedroom, 1 bath brick home situated on a spacious corner lot. Renovated from top to bottom, this home offers peace of mind and modern finishes throughout. Step inside to find solid surface LVP flooring and tile throughout — no carpet! The updated kitchen features stylish finishes and flows seamlessly into the living spaces,

  Caleb Parr Renshaw Company, REALTORS

  1532 Silver St, Memphis, TN 38106
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  /36

  $200,000

  • 2 Beds
  • 1 Bath
  • 1,435 Sq Ft

  1016 S Cox St, Memphis, TN 38104

  Charming, corner lot bungalow in Cooper Young, just a stone's throw from your favorite hangouts! Curl up on the porch swing with a book in hand or mosey around the corner for some live music, this home offers both quiet living and the ability to keep a pulse on the action. Kitchen features SS appliances, generous cabinet and counter space, and tons of natural light. Renovated bathroom with

  Mary Jeffrey Crye-Leike, Inc., REALTORS

  1016 S Cox St, Memphis, TN 38104
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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
• 

  

  /10

  $150,000

  • 3 Beds
  • 1 Bath
  • 1,348 Sq Ft

  3625 Bowen Ave, Memphis, TN 38122

  Great investment opportunity. Active lease in place with long term tenant since 2020. Do not disturb tenant. Inspection to be made once offer has been accepted. Currently leased at $1,000 with a lease expiration of 12/31/2026.No creative finance offers. No sign in yard. Property is 3 bedrooms, 1 bathroom, hardwood floors in all living areas and bedrooms. Laminate floors in kitchen and tile in

  Jon Dickens The Firm

  3625 Bowen Ave, Memphis, TN 38122
• 

  

  /21

  $103,900

  • 1 Bed
  • 1 Bath
  • 653 Sq Ft

  720 Litty Ct Unit 102, Memphis, TN 38103

  This chic Studio, 1-bath condo in the Carolina Lofts offers the perfect blend of style and convenience. The home features an abundance of natural light, all appliances, granite, hardwood flooring and 9' ceilings. Located on the first floor, you’re steps away from the coveted South Main Arts District, Tom Lee Park, and all of downtown Memphis’s best dining and entertainment. The condo has

  Thomas Blanche Northpoint Asset Management, L

  720 Litty Ct Unit 102, Memphis, TN 38103
• 

  

  /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
• 

  

  /26

  $185,000

  • 4 Beds
  • 1.5 Baths
  • 2,508 Sq Ft

  985 Forrest Ave, Memphis, TN 38105

  Step into a home filled with history and character, just waiting for your personal touch. This 4-bedroom, 1.5-bath property features original hardwood floors, central HVAC, a spacious formal dining room, dedicated office space, and a screened-in porch perfect for relaxing evenings. The fenced backyard adds privacy and room to enjoy the outdoors. With great bones and tons of potential, this home

  Tina Andrade Fast Track Realty, LLC

  985 Forrest Ave, Memphis, TN 38105

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