Homes for Sale near Melrose High School

• 

  

  

  /40

  $239,900

  $30K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 2,147 Sq Ft

  725 Loeb St, Memphis, TN 38111

  This top to bottom renovated home presents so many opportunities to investors and owner occupants alike. It could be a productive rooming house, group home, student housing, airbnb, or many more options. This home features fresh paint throughout, new LVP flooring throughout, updated/renovated bathrooms, a new kitchen, new fixtures, additional parking added, and a nice deck just outside the side

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  725 Loeb St, Memphis, TN 38111
• 

  Explore Melrose High School

• 

  

  

  /19

  $165,000

  $25K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,246 Sq Ft

  3094 Park Ave, Memphis, TN 38111

  COMMERCIAL ZONING + ENDLESS POTENTIAL! This fully renovated property offers a unique opportunity for investors, entrepreneurs, or owner-occupants seeking flexibility and long-term value. Inside features 3 bedrooms, walk-in closets, a separate laundry room, upstairs storage, and ceiling fans throughout. Major updates include an HVAC system only 3 years old, two hot water tanks, a new privacy

  

  Katrina Smith

  Keller Williams

  3094 Park Ave, Memphis, TN 38111
• 

  

  

  /17

  $209,901

  • 2 Beds
  • 1 Bath
  • 1,200 Sq Ft

  708 Loeb St, Memphis, TN 38111

  APPLIANCES INCLUDED (w/ acceptable offer) Adorable home just minutes from the University of Memphis! Stunning real hardwood floors have been freshly refinished and stained throughout. The kitchen features beautiful wood countertops, an electric stove, and dishwasher, plus a convenient laundry room. Step outside to a huge fenced backyard with two fire pits, a patio, and a charming porch

  

  Dylan Johnson

  901, REALTORS

  708 Loeb St, Memphis, TN 38111
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  /23

  $174,900

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,542 Sq Ft

  1009 McEvers Rd, Memphis, TN 38111

  Just minutes from the University of Memphis. The property features a handicap-accessible front ramp, offering added convenience and accessibility. Rental Details: ?? Market Rent: $1,260/month ?? Section 8 Welcome: Approved rental rate up to $1,780 ? Accessibility: Handicap ramp at front entrance ?? Location Perk: Near the University of Memphis ?? Type: Single-family residential home This home is

  

  Austin Hall

  Evernest Too, LLC

  1009 McEvers Rd, Memphis, TN 38111
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  /14

  $79,900

  $6K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 667 Sq Ft

  635 Patterson St Unit 4, Memphis, TN 38111

  Walking distance to the University of Memphis and local resturants. Upstairs units. 1 bedroom/1 bath. Bedroom and living area is spacious. Sliding door with outside patio area. Parking spaces included. Laundry facilities at complex. Condo fees only $130/mo. HOA replaces all this roofs and repaved the parking lot in 2025.

  

  Scott Carrier

  Keller Williams

  635 Patterson St Unit 4, Memphis, TN 38111
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  /2

  $78,000

  • 2 Beds
  • 1 Bath
  • 744 Sq Ft

  1373 Semmes St Unit 2, Memphis, TN 38114

  INVESTORS ONLY!! DO NOT DISTURB TENANT. Nice2/1 brick unit 2 is for sale only. currently rented for $800/months. House is in great condition. Showings only with an accepted offer. Tenant is month to month. No wholesalers, no assignments, no creative financing or subject to offers please. Seller also selling 1023 Springdale, 3562 Fuller, & 766 Los Angeles (Can buy individually or in bulk).

  

  Charlene Bailey

  Bespoke Realty

  1373 Semmes St Unit 2, Memphis, TN 38114
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  /35

  $285,000

  • 6 Beds
  • 1,514 Sq Ft

  3569 Douglass Ave, Memphis, TN 38111

  Great investment opportunity in Colonial Heights. 3 units Main unit is 3 bedroom 2 bath. Second is 2 bed 1 bath, Third is 1 bed 1 bath.

  

  Jason Miller

  eXp Realty, LLC

  3569 Douglass Ave, Memphis, TN 38111
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  /2

  $176,890

  • 2 Beds
  • 2 Baths
  • 1,320 Sq Ft

  3051 Park Ave, Memphis, TN 38111

  Renovated rental property with an active lease in place. Currently leased at $1,200 with a lease expiration of 09/31/2026. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  3051 Park Ave, Memphis, TN 38111
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  /2

  $143,640

  • 3 Beds
  • 1 Bath
  • 1,119 Sq Ft

  3803 Rhodes Ave, Memphis, TN 38111

  Renovated rental property with an active lease in place. Currently leased at $1,150 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  3803 Rhodes Ave, Memphis, TN 38111
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  /37

  $42,000

  • 3 Beds
  • 1.5 Baths
  • 1,108 Sq Ft

  2157 Wabash Ave, Memphis, TN 38114

  Calling all Investors and Flippers! This 3-bedroom, 1.5-bath home is packed with potential and located on a quiet dead-end street, offering privacy and minimal traffic. Perfect for your next renovation project or buy-and-hold investment. This property needs work but has solid upside for the right buyer. Home features One Full Bath + 1 Half Bath, located on Quiet Dead End Street, Great Investment

  

  Tara Woodley

  Zach Taylor Real Estate

  2157 Wabash Ave, Memphis, TN 38114
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  /19

  $117,900

  $2K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 935 Sq Ft

  829 Josephine St, Memphis, TN 38114

  Welcome home to this charming renovated 2 BR + 1 Bath home with modern updates throughout. This move-in ready home features fresh interior & exterior paint, new vinyl wood flooring, and updated interior & exterior light fixtures. The kitchen has been refreshed with white shaker cabinets & new countertops, offering a clean and functional space. The bathroom includes a new vanity and updated

  

  Raychel Day

  Renshaw Company, REALTORS

  829 Josephine St, Memphis, TN 38114
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  /11

  $130,000

  $5K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,107 Sq Ft

  2452 Saratoga Ave, Memphis, TN 38114

  INVESTOR ALERT! Turnkey, tenant-occupied duplex with strong cash flow, exceeding the 1% rule. Both units leased at $700/month. Memphis continues to attract investor demand due to affordable price points and solid rent-to-price ratios. No assignable offers. No seller financing. Drive by only. Do not disturb tenants. Showings only with accepted contract.

  

  Walter Jones

  BEST Real Estate Company

  2452 Saratoga Ave, Memphis, TN 38114
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  /16

  $99,901

  $15K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 918 Sq Ft

  2877 Brewer Ave, Memphis, TN 38114

  PRICE DROP! One Percent (1%) Rule still alive in Memphis! Completely remodeled micro-mansion paying rented making cashflow. . Special financing for first time investors available with 20% down, ask listing firm for details.

  

  Pablo Pereyra

  901, REALTORS

  2877 Brewer Ave, Memphis, TN 38114
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  /29

  $205,000

  • 3 Beds
  • 2 Baths
  • 1,264 Sq Ft

  3561 Kearney Ave, Memphis, TN 38111

  This charming 3-bedroom, 2-full bathroom home at 3561 Kearney Ave in Memphis, TN, offers a blend of classic character and modern updates. The open floor plan features hardwood floors throughout, complemented by a renovated kitchen with stainless steel appliances, 14-inch tile flooring, and 40-inch tall wall cabinets. A cozy breakfast nook adds to the home's appeal. The spacious master bedroom

  

  Kimmer Plunk

  Centric Realty LLC

  3561 Kearney Ave, Memphis, TN 38111
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  /18

  $187,900

  $2K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,064 Sq Ft

  3579 Carnes Ave, Memphis, TN 38111

  Charming 2 bedroom 1 Bath cottage located on a safe street walking distance to the U of M campus. This home has been totally renovated 4 years ago for the owners son to attend College. Features include a totally New Kitchen and bathroom. New floors, smoothed ceilings, New hot water heater, New heating and Air, New Electrical panel. Outside of the house was completly painted with a New roof. The

  

  John Stamps

  The Stamps Real Estate Company

  3579 Carnes Ave, Memphis, TN 38111
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  /2

  $90,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,325 Sq Ft

  3014 Spottswood Ave, Memphis, TN 38111

  TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Property is rented for $995/month, lease ends 6/2/2027. Cash tenant. Copy of the lease available upon request. No showings without an accepted contract. Make offers contingent on inspection. Contact a local realtor and make your offer today!

  

  Jordan Ray

  eXp Realty, LLC

  3014 Spottswood Ave, Memphis, TN 38111
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  /5

  $215,000

  • 4 Beds
  • 2 Baths
  • 1,656 Sq Ft

  1352 S Cooper St, Memphis, TN 38114

  INVESTORS ONLY! Solid cash flowing duplex that would make an excellent addition to your portfolio! Rented for $1,700 total ($850 per side). Unit 1352- lease expires 12/31/2026, tenant moved in 12/20/2022. Unit 1354- lease expires 3/31/2027, tenant moved in 3/4/2025. Both tenants are current and have been excellent payers. Property was totally renovated in 2022 including brand new roof, HVAC,

  Jeremy Veldman KAIZEN Realty, LLC

  1352 S Cooper St, Memphis, TN 38114
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  /5

  $14,995

  • Land
  • 10,890 Sq Ft
  • $59,980 per Acre

  0 Dublin Dr Unit LOTS 20 & 21 LAST TW, Memphis, TN 38114

  Buyers/investors build your personal home or brand-new rental property on this beautiful green lot! This is truly the promised land of opportunity and no other area compares to this exclusive subdivision in Magnolia. Last lot for sale in this subdivision! Private showings available.

  Mitanni Spruill The Spruill Agency, LLC

  0 Dublin Dr Unit LOTS 20 & 21 LAST TW, Memphis, TN 38114
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  /29

  $109,900

  • 3 Beds
  • 2 Baths
  • 1,404 Sq Ft

  1136 Goodman St, Memphis, TN 38111

  Charming and well-located home in the heart of Memphis! This property offers a fantastic opportunity for homeowners or investors alike. Conveniently situated near shopping, dining, and major roadways, with easy access to the University of Memphis area. Spacious layout with great natural light and plenty of potential to make it your own. Don’t miss this opportunity to own in an established

  Alexis Martz Trelora Realty

  1136 Goodman St, Memphis, TN 38111
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  /16

  $110,000

  • 2 Beds
  • 1 Bath
  • 1,241 Sq Ft

  3816 Allandale Ln, Memphis, TN 38111

  This well-maintained 2-bedroom, 1-bath property is a fantastic investment opportunity, featuring a reliable, long-term tenant who has called it home for over 10 years. The tenant is in good standing and currently pays $875 per month, offering immediate, consistent income from day one. Even better, the rent is below market value, presenting clear potential for future increases and improved

  Tracy Jefferson Regency Realty, LLC

  3816 Allandale Ln, Memphis, TN 38111
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  /40

  $209,900

  $15K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,765 Sq Ft

  21 N Fenwick Rd, Memphis, TN 38111

  This charming home in the desirable Chickasaw Gardens area has so much to offer! Surrounded by beautiful mature trees, the property features a large fenced backyard that’s perfect for relaxing, entertaining or enjoying the outdoors. Inside, you’ll find beautiful hardwood floors, fresh modern paint & an abundance of natural light throughout. The spacious kitchen is truly the heart of the home,

  Brook Loper 901 Properties

  21 N Fenwick Rd, Memphis, TN 38111
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  /10

  $95,000

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 967 Sq Ft

  2512 Kenner Ave, Memphis, TN 38114

  PRICE JUST REDUCED!! GREAT INVESTMENT OPPORTUNITY! This 3 bedroom, 1 bathroom brick home is rented for $1,000/month, to a stable long-term tenant who has occupied the house for 5 years. Lease is good until 5/31/2026. Home was totally refurbished in 2020 and an annual inspection was completed in August 2025 (report available upon request). Another opportunity to add a stable cash flowing asset to

  Jeremy Veldman KAIZEN Realty, LLC

  2512 Kenner Ave, Memphis, TN 38114
• 

  

  /22

  $155,000

  • 2 Beds
  • 1 Bath
  • 912 Sq Ft

  3529 Marion Ave, Memphis, TN 38111

  Move-in ready and beautifully updated, this charming 2-bedroom, 1-bath home offers comfort, convenience, and versatility in a prime location near the college - University of Memphis. In addition to the two spacious bedrooms, the home features a flex room that can easily serve as a 3rd bedroom, home office, study space, or bonus room, making it ideal for a variety of lifestyles. Tasteful updates

  Mary Williams Coldwell Banker Collins-Maury

  3529 Marion Ave, Memphis, TN 38111
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  /36

  $681,000

  $62K PRICE DROP

  • 4 Beds
  • 3.5 Baths
  • 3,034 Sq Ft

  2938 Garden Ln, Memphis, TN 38111

  A masterpiece of timeless design, blending classic Memphis charm with modern luxury in the heart of Chickasaw Gardens. Just a stone’s throw from the neighborhood lake and scenic nature trails, this thoughtfully renovated home offers an exceptional lifestyle in one of Memphis’ most beautiful and welcoming communities. A refinished original staircase banister sets the tone, complemented by

  Brittany Cobb Myers Cobb Realtors, LLC

  2938 Garden Ln, Memphis, TN 38111
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  /21

  $209,900

  • 2 Beds
  • 1 Bath
  • 900 Sq Ft

  149 S Holmes St, Memphis, TN 38111

  This charming cottage conveniently located in the Buntyn neighborhood, ideally situated between Midtown and East Memphis and just minutes from the University of Memphis. This central location offers easy access to local dining, shopping, entertainment, and major employers while maintaining being a part of an established residential community. Inside, the home has been recently painted throughout,

  Stephanie Taylor Sowell, Realtors

  149 S Holmes St, Memphis, TN 38111
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  /26

  $409,000

  • 2 Beds
  • 2 Baths
  • 2,396 Sq Ft

  585 S Greer St Unit 302, Memphis, TN 38111

  WELCOME TO BEAUTIFULLY RENOVATED COUNTRY CLUB TOWER! This 2 bedroom 2 bath condo features a spacious split bedroom plan designed for privacy. Featuring a new HVAC system, the residence includes separate living and dining rooms, as well as a cozy den, providing plenty of space for relaxing and entertaining Both bedrooms offer generous walk-in closets, while elegant hardwood floors and marble

  Carol Stout Ware Jones, REALTORS

  585 S Greer St Unit 302, Memphis, TN 38111
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  /10

  $80,000

  • 2 Beds
  • 1.5 Baths
  • 1,054 Sq Ft

  675 Miles Dr, Memphis, TN 38111

  OWNER FINANCING AVAILABLE! Great Investment Opportunity! Gated Community! 2 Bedroom Townhouse. Common Laundry Room. Two Blocks from the University of Memphis. 1 Block from The Highland Strip with Food, Bars and Shopping. Cosmetic work needed, but a Steal at this price. Sold "as is". Other properties available. Could be sold as a package deal.

  Danny Lipsey Keller Williams

  675 Miles Dr, Memphis, TN 38111
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  /26

  $279,900

  $10K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,734 Sq Ft

  130 S Greer St, Memphis, TN 38111

  This charming 3-bedroom, 1.5-bath home in one of Memphis’s most sought-after historic neighborhoods. Enjoy your morning coffee on the front porch, then step inside to a spacious layout featuring a large den perfect for entertaining. Outside, a beautiful deck overlooks a serene Koi pond — your own private retreat. A workshop out back gives hobbyists and DIYers all the space they need. Ideally

  Stephanie Taylor Sowell, Realtors

  130 S Greer St, Memphis, TN 38111
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  /17

  $139,900

  • 3 Beds
  • 2 Baths
  • 1,419 Sq Ft

  1563 Railton Rd, Memphis, TN 38111

  Wonderful & Charming 3BR/2BA Home. Huge Primary Bedroom & Ample Natural Light Throughout. Spacious Kitchen w/Lots of Cabinet Space, Granite Counters & Beautiful Tiled Floors Throughout. Move-In Ready w/Thoughtful Updates Throughout. Renovated bathrooms. Inviting Large Living Room w/Abundant Light & Spacious Dining Room Perfect for Entertaining. Ideally Located Just Minutes from The University of

  Frank Newson BEST Real Estate Company

  1563 Railton Rd, Memphis, TN 38111
• 

  

  /16

  $140,000

  $35K PRICE DROP

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

  3540 Marion Ave, Memphis, TN 38111

  30k price reduction! Awesome opportunity available in Colonial Heights just moments from the University of Memphis. This four bedroom two bathroom home could make a great home, rental or flip! Priced below ARV! This property features low maintenance vinyl flooring, modern light fixtures, a true primary suite, a great looking roof, and a great back yard. Multiple properties available. Homes can be

  William Haynes Crye-Leike, Inc., REALTORS

  3540 Marion Ave, Memphis, TN 38111
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  /12

  $185,000

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

  853 Hanley St, Memphis, TN 38114

  Beautiful property in a great location! RENTED MHA $1849.00 per month- New home built in 2024 in growing market near university of Memphis- 4 Bed, 2 Bath home features polished concrete floors- 5 panel doors- modern lighting, bath rooms and interior finishes. DO NOT DISTURB TENANT

  Brett Bernard The Stamps Real Estate Company

  853 Hanley St, Memphis, TN 38114
• 

  

  /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
• 

  

  /16

  $124,900

  • 3 Beds
  • 1 Bath
  • 925 Sq Ft

  1018 Goodman St, Memphis, TN 38111

  Beautiful 3 bedroom, 1 bathroom home with a functional layout and plenty of charm. Features include spacious living areas, updated finishes, and a bright kitchen with ample cabinet space. Enjoy a large backyard perfect for entertaining, relaxing, or pets. Conveniently located near shopping, dining, and schools. Great opportunity for a first time buyer, investor, or anyone looking for affordable

  Crystal Mitchell Renshaw Company, REALTORS

  1018 Goodman St, Memphis, TN 38111
• 

  /2

  $22,500

  $1K PRICE DROP

  • Land
  • 4,791 Sq Ft
  • $204,545 per Acre

  801 Cella St, Memphis, TN 38114

  Great lot! Ready to build your next home or investment property.

  Crystal Mitchell Renshaw Company, REALTORS

  801 Cella St, Memphis, TN 38114
• 

  /2

  $121,900

  • 3 Beds
  • 2 Baths
  • 1,182 Sq Ft

  765 Grand St, Memphis, TN 38114

  All investors are invited to review the property located at 765 Grand Street, Memphis, TN 38114. The lender has approved a new buyer to assume the existing loan. The property consists of 3 bedrooms and 2 bathrooms. Please note that the home is currently unfinished from the remodel. The seller prefers to sell the property as-is. The listing open to the idea roll in the seller commission into deal

  Trevor Day My Casa My House

  765 Grand St, Memphis, TN 38114
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  /3

  $129,900

  • 3 Beds
  • 2 Baths
  • 1,000+ Sq Ft

  3465 Spottswood Ave, Memphis, TN 38111

  Terrific investment opportunity! Professionally managed and tenant occupied home for sale. Hard to find 3 bedroom 2 bathroom home with bonus room (at this price point). Currently rented for $950/mo with a $950 security deposit on file (rental upside since it is a 3/2 with a bonus room). Lease ends 2/28/26. Home is steps away from the University of Memphis and is a great long term hold. Values are

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3465 Spottswood Ave, Memphis, TN 38111
• 

  /2

  $160,000

  $15K PRICE DROP

  • 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
• 

  

  /13

  $110,000

  $19K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,218 Sq Ft

  1084 Rutland Rd, Memphis, TN 38114

  Price Improvement! Investor special in East Memphis! Ideal for any investor looking for a flip opportunity or BRRRR deal. Recently vacated. All capex items replaced in 2020. Call listing agent for details. Access upon accepted offer. Do not disturb tenants.

  Andrew Akins CB Properties of Memphis, LLC

  1084 Rutland Rd, Memphis, TN 38114
• 

  

  /20

  $175,000

  $25K PRICE DROP

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

  582 Watson St, Memphis, TN 38111

  Tenant occupied - no showings without an accepted contract. This is a great investment opportunity. Currently, it rents for $1,575 a month, and the lease will end on 12/31/2025. It can be sold separately or as a package deal along with 3739 Spottswood.

  Crystal Mitchell Renshaw Company, REALTORS

  582 Watson St, Memphis, TN 38111
• 

  

  /24

  $100,000

  • 2 Beds
  • 1 Bath
  • 858 Sq Ft

  3646 Spottswood Ave Unit 9, Memphis, TN 38111

  Come see this 2 bedroom, 1 bath condo near the University of Memphis before school starts! This ground floor, single-story unit is perfect for an owner occupant or an investor. Anchored by the University, property values will always be stable. The previous owner has installed new floors and applied fresh paint throughout. The current owner has replaced the water heater! Allappliances remain. This

  Jenna Williamson Green Bee Real Estate

  3646 Spottswood Ave Unit 9, Memphis, TN 38111

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