South Memphis Homes for Sale

/11
$130,000
- 4 Beds
- 2 Baths
- 1,000+ Sq Ft
1562 Victor St, Memphis, TN 38106

Rehab partially completed. Property being sold as-is. Some updates have been started, but the project is unfinished. Good potential for investors or buyers looking to complete the work. Buyer to do their own due diligence. No repairs or warranties offered.

Walter Jones

BEST Real Estate Company

(901) 673-3800

1562 Victor St, Memphis, TN 38106
Explore South Memphis
/12
$30,000
- 2 Beds
- 1 Bath
- 600+ Sq Ft
271 Bertha Ave, Memphis, TN 38106

Excellent Investment Opportunity - This brick home offers great potential as a 2-bedroom, 1-bath fixer-upper located in a quiet cove. Ideal for investors or buyers seeking a value-add property. Home is vacant, easy to show, and ready for your vision. Don’t miss this chance—act quickly!

Katrina Smith

Keller Williams

(901) 665-8211

271 Bertha Ave, Memphis, TN 38106
/7
$7,000
- Land
- 0.18 Acre
- $38,889 per Acre
20 W Davant Ave, Memphis, TN 38109

Unlock the Potential of this ideally Vacant Land situated Minutes from Downtown in a Visbile and Accessible area. Zoned for Commercial Mixed - Use, this parcel offers a rare opprtunity for Commercial and or Residential Development. Start your New Build today!!! Provide Valid Proof of Funds. Drive by and take a look!!! ***Cash Buyers Only please*** ~~Sorry No Wholesalers and No Creative

Tara Woodley

Zach Taylor Real Estate

(901) 668-5659

20 W Davant Ave, Memphis, TN 38109
/22
$127,000
- 2 Beds
- 1 Bath
- 1,000+ Sq Ft
407 S Parkway E, Memphis, TN 38106

Cozy home boasts 2-bedrooms, 1-bath perfect for a small family or couple. Inside be greeted by a nicely renovated kitchen, tile flooring, new cabinets & countertops, kitchen appliances included. Diningroom provides an inviting space to gather with loved ones. Highlight of the home is the remodeled bathroom, tile flooring & modern fixtures. Throughout you'll find Stylish laminate floors that are

Patricia Richmond-Young

Coldwell Banker Collins-Maury

(901) 627-3278

407 S Parkway E, Memphis, TN 38106
/2
$9,500
- Land
- 0.19 Acre
- $50,000 per Acre
776 Bullington Ave, Memphis, TN 38106

Vacant lot, on which to build your next home, in established neighborhood. Buyer to verify all utilities and perform any and all due diligence prior to closing. Selling AS IS -WHERE IS. Must be purchased as a package with the following: 774 Bullington Ave 758 Bullington Ave 808 Bullington Ave

Danielle Cook

Coldwell Banker Collins-Maury

(901) 582-5814

776 Bullington Ave, Memphis, TN 38106
/2
$9,500
- Land
- 0.19 Acre
- $50,000 per Acre
774 Bullington Ave, Memphis, TN 38106

Vacant lot. Great for a new build. Buyer to verify all utilities and perform any and all due diligence prior to closing. Selling AS IS -WHERE IS. Investors this is your chance to add to or build your portfolio. Must be purchased as a package with the following: 776 Bullington Ave 758 Bullington Ave 808 Bullington Ave

Danielle Cook

Coldwell Banker Collins-Maury

(901) 668-8569

774 Bullington Ave, Memphis, TN 38106
/2
$9,500
- Land
- 0.19 Acre
- $50,000 per Acre
758 Bullington Ave, Memphis, TN 38106

Vacant Lot. Great for a new build. Buyer to verify all utilities and perform any and all due diligence prior to closing. Selling AS IS -WHERE IS. Investors this is your chance to add to or build your portfolio! Must be purchased as a package with the following: 776 Bullington Ave 774 Bullington Ave 808 Bullington Ave

Danielle Cook

Coldwell Banker Collins-Maury

(901) 660-4944

758 Bullington Ave, Memphis, TN 38106
/2
$20,000
- 3 Beds
- 1 Bath
- 1,600+ Sq Ft
808 Bullington Ave, Memphis, TN 38106

Buyer to verify all utilities and perform any and all due diligence prior to closing. Selling AS IS -WHERE IS. Investors this is your chance to add to or build your portfolio. Must be purchased as a package with the following: 774 Bullington Ave 776 Bullington Ave 758 Bullington Ave

Danielle Cook

Coldwell Banker Collins-Maury

(901) 657-2156

808 Bullington Ave, Memphis, TN 38106
/2
$6,000
- Land
- 0.10 Acre
- $60,000 per Acre
356 Cambridge Ave, Memphis, TN 38106

Lot ready to be developed. Just drive by.

Jo Mathes

Pinnacle Realty

(901) 633-1405

356 Cambridge Ave, Memphis, TN 38106
/2
$9,000
- Land
- 0.10 Acre
- $90,000 per Acre
120 Dover Ave, Memphis, TN 38106

Great investment opportunity in a quiet neighborhood. This .10-acre land parcel offers a blank slate to design and build a home tailored to your unique preferences.

Katrina Smith

Keller Williams

(901) 673-3792

120 Dover Ave, Memphis, TN 38106
/22
$50,000
- 2 Beds
- 1 Bath
- 600+ Sq Ft
613 Wicks Ave, Memphis, TN 38126

This is a perfect investor property. Nice 2 bedroom brick home with 1 bath located close to downtown and on a bus line. First time home buyers welcome.

Oliver Peyton

The Peyton Co., Inc., REALTORS

(901) 351-8692

613 Wicks Ave, Memphis, TN 38126
/22
$7,500
- Land
- 0.12 Acre
- $62,500 per Acre
1584 Victor St, Memphis, TN 38106

Owner Financing Available - This 0.12 acre lot is located in Memphis, Tennessee and the address is 1584 Victor Street, Memphis, TN 38106.Memphis, Tennessee, is a vibrant city on the Mississippi River, rich in history, culture, and Southern charm. Known as the birthplace of blues, soul, and rock 'n' roll, Memphis has been a major influence on American music and cultural heritage. With a

Benjamin Davis

1584 Victor St, Memphis, TN 38106
/6
$197,000
- 10 Beds
- 8 Baths
- 3,200+ Sq Ft
488 Laclede Ave, Memphis, TN 38126

AS-IS opportunity for investors. This is a great cash-flowing property! The large home has been converted into a rooming house. Fully rented, this property can generate approximately $5,000 per month in cash flow.

Virgil Pryor Harris Realty Services

488 Laclede Ave, Memphis, TN 38126
/24
$135,000
- 3 Beds
- 2 Baths
- 1,400+ Sq Ft
303 Fields Ave, Memphis, TN 38109

This 3 bed, 2 bath home offers peace of mind with a brand-new roof, HVAC, water heater, exterior paint, privacy fence, and all-new kitchen appliances. The layout features two oversized bedrooms, including one with double closets and a spacious walk-in. Enjoy the generous backyard, perfect for relaxing, entertaining, or letting kids and pets play. Seller is open to including large furniture items

Gloria De Leon Fast Track Realty, LLC

303 Fields Ave, Memphis, TN 38109
/12
$130,000
- 3 Beds
- 2 Baths
- 800+ Sq Ft
646 E Davant Ave, Memphis, TN 38106

Fully Renovated & Move-In Ready! Don't miss this beautifully renovated 3-bedroom, 2-bath home that checks all the boxes! From the brand-new plumbing and electrical systems to the new roof, flooring, cabinets, new windows, and new HVAC unit (to be installed before closing)—this home offers peace of mind and modern comfort. The seller has thoughtfully added a second bathroom, making this an ideal

Melody Martin 4 Success Realty, LLC

646 E Davant Ave, Memphis, TN 38106
/17
$90,000
- 3 Beds
- 1 Bath
- 1,000+ Sq Ft
2001 Benton St, Memphis, TN 38106

Home has recently been renovated throughout with new interior painting. new roof installed, blinds throughout. Great started home or investment home

Anna Kelly Trinity Management, LLC

2001 Benton St, Memphis, TN 38106
/17
$125,000
- 3 Beds
- 2 Baths
- 1,000+ Sq Ft
661 E Mallory Ave, Memphis, TN 38106

Great Investment property, Great Income earning property! 3 Bedroom 2 Bath home.

Jeff Goff Keller Williams

661 E Mallory Ave, Memphis, TN 38106
/12
$125,000
- 2 Beds
- 2 Baths
- 1,200+ Sq Ft
96 Modder Ave, Memphis, TN 38109

Check out this super cute 2 bedroom, 2 full bathroom home located in the heart of South Memphis—just minutes from downtown! Perfect for a first-time homebuyer or savvy investor, this property is already tenant-occupied with a lease in place through August 2025, offering immediate rental income potential. Recent updates make this home even more attractive! Prime location near downtown Tenant lease

Chinna Prude-Anderson C21 Patterson & Assoc. Real Es

96 Modder Ave, Memphis, TN 38109
/21
$85,000
- 2 Beds
- 1 Bath
- 1,200+ Sq Ft
1848 Wynton St, Memphis, TN 38106

This charming home features a spacious family room, two comfortable bedrooms, and a versatile bonus room that could serve as a third bedroom, office, or playroom. The home includes one full bath and a flexible space off the kitchen—perfect for a cozy den, family gatherings, or movie nights. Freshly painted with stylish modern light fixtures throughout, the home offers a bright, clean, and

Jay McMiller RE/MAX Realty Group

1848 Wynton St, Memphis, TN 38106
/2
$77,000
- 4 Beds
- 2 Baths
- 1,400+ Sq Ft
944 Alice Ave, Memphis, TN 38106

Tenant Occupied with longterm tenants, no viewings without accepted contract. New roof, new windows, new paint, new flooring.

Marceline Williams LPT Realty, LLC

944 Alice Ave, Memphis, TN 38106
/19
$95,000
- 2 Beds
- 1 Bath
- 1,000+ Sq Ft
2048 Benton St, Memphis, TN 38106

Charming 2-bedroom, 1-bath home with direct backyard access to The Links at Pine Hill Golf Course! This property is full of potential—perfect for investment or as your next renovation project. Inside, you'll find a separate living room and dining room, laminate flooring in the main living areas, and cozy carpet in the bedrooms. The home also includes washer and dryer connections for added

Linitra Washington KAIZEN Realty, LLC

2048 Benton St, Memphis, TN 38106
/3
$88,750
- 4 Beds
- 2 Baths
- 1,800+ Sq Ft
24 W Norwood Ave, Memphis, TN 38109

Investors! Welcome to a lovely 4 Bed/2 Bath rental that is cash flowing at $1,250 per month! Located close to entertainment and commerce, this neighborhood is prime for growth. The current lease runs through 09/30/2025, so don't miss this opportunity to expand your portfolio! This unit is part of a package of 18 properties.

Trey McElroy Sowell, Realtors

24 W Norwood Ave, Memphis, TN 38109
/11
$85,000
- 3 Beds
- 1 Bath
- 1,200+ Sq Ft
538 E Davant Ave, Memphis, TN 38106

This 3 Bedroom 1 Bath home has great potential for an owner occupant or investor. The long term Tenant is renting from Month to Month. It features hardwood flooring, 10 ft ceilings, a fireplace, large rooms and a great front porch. The HVAC is 3 yrs old, Plumbing was upgraded 5 yrs. ago, The Kitchen and Bathroom has been renovated. This home is being sold "As Is" but is in good condition. Due to

Chauncey Burton Keller Williams

538 E Davant Ave, Memphis, TN 38106
/10
$83,000
- 2 Beds
- 1 Bath
- 600+ Sq Ft
361 Jacklyn Ave, Memphis, TN 38106

Great investment property. Motivated seller. Perfect for first time homeowner.

Cynthia Edwards Grand Point Realty, LLC

361 Jacklyn Ave, Memphis, TN 38106
/11
$80,000
- 3 Beds
- 2 Baths
- 1,000+ Sq Ft
253 Silverage Ave, Memphis, TN 38109

Nice 3 bedroom 2 bathroom home with new interior paint, new laminate flooring, large front porch, security doors, and a nice floor plan. This could be a great long term rental or primary residence. It is minutes from downtown. Home is currently vacant but also being marketed to rent. ONLINE VIDEO AVAILABLE UPON REQUEST. Cash offers only. Very nice floor plan with one bedroom having its own

Tyler Tapley Crye-Leike, Inc., REALTORS

253 Silverage Ave, Memphis, TN 38109
/11
$86,999
- 2 Beds
- 1 Bath
- 800+ Sq Ft
1661 Cameron St, Memphis, TN 38106

This well-maintained all-brick, two-bedroom home is in good condition, with a new roof, updated flooring, renovated bathroom and central heating (Renovated in 2023). Currently tenant-occupied, generating $900 per month. Do not disturb tenant. No showings without an accepted offer. The home also features a spacious living room with a wood-burning fireplace, large eat-in kitchen and one bath.

Victoria Brown 4 Success Realty, LLC

1661 Cameron St, Memphis, TN 38106
/10
$95,000
- 2 Beds
- 1 Bath
- 600+ Sq Ft
1666 Victor St, Memphis, TN 38106

This 700 sq ft, 2 bed, 1 bath home has been completely renovated from the floor up. New Security Cameras, New Roof, New Siding, New Windows, New Electrical, New Plumbing, New Doors, New Full Bath & a New Kitchen. HVAC Units & Water Heater are in storage and will be installed the day of closing. If you are an owner occupant and have a 560+ Credit Score with a W2 pay stub we can refer you to a

Matthew Cates Collaborate Real Estate Group

1666 Victor St, Memphis, TN 38106
/2
$85,000
- 2 Beds
- 1 Bath
- 1,000+ Sq Ft
112 E Fernwood Ave, Memphis, TN 38109

Investor Special! Priced to sell with tenant in place. Tenant pays $945 and leased through August 2026. Home is professionally managed. HVAC 2021, roof 10 years old, and HWH 2020. Call listing agent for details. Need offer before view. Do not disturb tenants!

Andrew Akins CB Properties of Memphis, LLC

112 E Fernwood Ave, Memphis, TN 38109
/2
$89,900
- 2 Beds
- 1 Bath
- 800+ Sq Ft
1420 Cameron St, Memphis, TN 38106

GREAT PROPERTY FOR INVESTMENT, HAS A SEPERATE BUILDING THAT CAN BE CONVERTED FOR ADDITIONAL LIVING.

Rosa Anderson Adaro Realty, Inc.

1420 Cameron St, Memphis, TN 38106
/15
$15,000
- 3 Beds
- 2 Baths
- 1,922 Sq Ft
1272 S Orleans St, Memphis, TN 38106

Attention investors and DIY enthusiasts! Multiple exit strategies: finish this remodel then either flip, rent or move in! Home being sold as is. Cash preferred but will consider financed all offers. Seller is assisted by an Attorney in Fact. Do not knock on door or approach house without prior communication.

Dustin Hepburn Rebuilt Brokerage LLC

1272 S Orleans St, Memphis, TN 38106
/15
$70,000
- 2 Beds
- 1 Bath
- 1,000+ Sq Ft
1194 Latham St, Memphis, TN 38106

Attention Investors! Don’t miss this turnkey investment opportunity with a tenant already in place. This well-maintained home features 2 bedrooms, 1 bathroom, a cozy living room, and a functional kitchen. Recent updates include a new roof (2022), new flooring in the kitchen and bathroom, new kitchen cabinets, and a newly updated waterline. The property also boasts a large fenced-in backyard,

Area Mays KAIZEN Realty, LLC

1194 Latham St, Memphis, TN 38106
/6
$20,000
- 2 Beds
- 1 Bath
- 1,400+ Sq Ft
1060 S Lauderdale St, Memphis, TN 38126

Located just down the street from LeMoyne-Owen College, Soulsville and around the corner from New Construction homes, this property offers tremendous potential for an owner-occupant or investor. Over 1,400 SF you can renovate to immediate value. No wholesale offers This property is a burnout Call me for more information.

John Cornes Braden, Braden & Braden LLC

1060 S Lauderdale St, Memphis, TN 38126
/2
$15,000
- Land
- 0.07 Acre
- $214,286 per Acre
481 E E H Crump Blvd, Memphis, TN 38126

Commercial Mixed use vacant lot close to Downtown Memphis! Good location for a business located on a high traffic street with easy access to expressway. Minutes from downtown Memphis, LeMoyne-Owen College, Four Way Grill, Stax Museum and minutes from the Arkansas bridge. Call your favorite agent today!

Verna Littleton Fast Track Realty, LLC

481 E E H Crump Blvd, Memphis, TN 38126
/15
$765,000
- 18 Beds
- 6,516 Sq Ft
361 Walker Ave, Memphis, TN 38126

Attention Investors! Don’t miss this incredible opportunity to own a fully updated apartment unit with excellent cash flow potential. This two-bedroom, one-bathroom unit features new vinyl windows, new flooring, new countertops, and fresh paint throughout, making it a turnkey investment. Some tenants have been in place for several years, providing immediate rental income and long-term stability.

Area Mays KAIZEN Realty, LLC

361 Walker Ave, Memphis, TN 38126
/14
$71,000
- 3 Beds
- 1 Bath
- 800+ Sq Ft
1434 Cameron St, Memphis, TN 38106

Sturdy South Memphis brick house perfect for Investors or a family looking to build sweat equity! Property was previously rented on section 8 for $1300/months, but could also be leased traditionally around $1000-$1200. Everything in stable condition minus a few cosmetics. No central hvac but window units and wall heater could serve this home well. Decent size back yard with a detached garage

Duane Kinnard Tri-Leake Realty

1434 Cameron St, Memphis, TN 38106
/3
$7,500
- 2 Beds
- 1 Bath
- 1,000+ Sq Ft
26 E Bodley Ave, Memphis, TN 38109

Great Investment Property - Selling in "AS-IS" Condition.

Lesia Harris REMAX Experts

26 E Bodley Ave, Memphis, TN 38109
/12
$72,500
- 3 Beds
- 1 Bath
- 800+ Sq Ft
2010 Martin Cir, Memphis, TN 38106

Attention Investors: Flip it, Rent it, Hold it — This South Memphis Gem Has Options. This 3-bedroom, 1-bath ranch sits on a spacious, corner, fenced-in lot with mature trees, 8 security cameras, and a metal carport that includes built-in storage. Inside, you’ll find plantation shutters, hardwood floors, and a living/dining combo bathed in natural light. The kitchen brand new cabinets and durable

Melissa Blume Thompson eXp Realty

2010 Martin Cir, Memphis, TN 38106
/11
$110,000
- 3 Beds
- 2 Baths
- 800+ Sq Ft
160 Silverage Ave, Memphis, TN 38109

Step into this freshly renovated 3-bedroom, 2-bath home where every detail has been thoughtfully updated. Featuring brand-new cabinets, modern flooring, and a bright, inviting layout, this home is perfect for those looking for style and comfort. With renovated bathrooms and a fresh, neutral color palette throughout, all that’s left is to move in and make it yours.

Jonathan Nunez Fast Track Realty, LLC

160 Silverage Ave, Memphis, TN 38109
/11
$52,000
- 3 Beds
- 1 Bath
- 1,200+ Sq Ft
318 Cambridge Ave, Memphis, TN 38106

Recently renovated 3-bedroom, 1-bath home located near downtown Memphis. Features include new flooring, fresh interior paint, upgraded electric panel, electric tankless water heater, and central gas heat. Kitchen includes new cabinets and washer/dryer hookups. Property has one walk-in closet. Plumbing fully upgraded to PEX. New 4-inch sewer line installed from house to road. Tenant-occupied;

Curtis Bleeker KAIZEN Realty, LLC

318 Cambridge Ave, Memphis, TN 38106
/6
$14,000
- Land
- 0.17 Acre
- $82,353 per Acre
42 W Mallory Ave, Memphis, TN 38109

Property Highlights: Located in the New South Memphis subdivision, this level lot offers a 50 x 150 ft footprint—ideal for a custom home, rental property, or long-term investment. No existing structures on the property—ready for development with utilities at the property. Situated in a residential area with easy access to downtown Memphis. Nearby schools, parks, and local amenities. Lot

Ken Cannon Crye-Leike of MS, Inc.

42 W Mallory Ave, Memphis, TN 38109

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Tennessee Shelby County Memphis South Memphis

Why Live in South Memphis

South Memphis, often referred to as Soulsville, is a neighborhood with a rich history rooted in soul music, highlighted by the Stax Museum, which stands as a symbol of the community's cultural heritage. The area is undergoing significant changes, with newly constructed apartments and housing communities replacing older public housing projects. Many homes in South Memphis are ranch-style properties from the 1950s and 1960s, with some being sold to investors and others to owner-occupants. The neighborhood is served by Memphis-Shelby County Schools, with Soulsville Charter School being a standout option due to its high graduation rate. Local attractions include Martin Luther King Jr. Riverside Park, which offers playgrounds, walking trails, and a lake, and the Carlisle S. Page Arboretum, home to about 1,500 trees. The Green Leaf Learning Farm provides after-school programs focused on gardening and culinary arts. Dining options are plentiful, with The Four Way being a notable soul food restaurant with historical significance. Southgate Shopping Center caters to shopping needs, and the neighborhood's proximity to downtown Memphis, just 3 miles away, ensures quick access to top attractions and major employers. Community organizations like the Soulsville Foundation and The Knowledge Quest are actively working to uplift the area.

Learn more about living in South Memphis

Frequently Asked Questions

Is South Memphis a good place to live?

South Memphis is a good place to live. South Memphis is considered car-dependent and somewhat bikeable with some transit options. South Memphis is a suburban neighborhood. South Memphis has 14 parks for recreational activities. It is fairly sparse in population with 3.5 people per acre and a median age of 40. The average household income is $38,124 which is below the national average. College graduates make up 10.8% of residents. A majority of residents in South Memphis are renters, with 60.7% of residents renting and 39.3% of residents owning their home. A local real estate agent serving South Memphis can help you decide if this neighborhood is the right one for you. Learn more on our South Memphis neighborhood guide.

How much do you need to make to afford a house in South Memphis?

The median home price in South Memphis is $335,700. If you put a 20% down payment of $67,100 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,740 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $75K a year to afford the median home price in South Memphis. The average household income in South Memphis is $38K.

What are the best public schools in South Memphis?

The best public schools that serve South Memphis are:

Hollis F. Price Middle College High School has a B Niche grade, a student teacher ratio of 7:1 and an average review score of 3.8.
Booker T. Washington Middle & High School has a C Niche grade, a student teacher ratio of 14:1 and an average review score of 4.6.
Mitchell High School has a C- Niche grade, a student teacher ratio of 18:1 and an average review score of 3.8.

What are the best private schools in South Memphis?

The best private schools that serve South Memphis are:

Grace-St. Luke's Episcopal School has an A- Niche grade, a student teacher ratio of 8:1 and an average review score of 3.8.
Immaculate Conception Cathedral School has a B+ Niche grade, a student teacher ratio of 8:1 and an average review score of 3.6.
St. Augustine Catholic School has a student teacher ratio of 15:1.

What are the most popular zip codes in South Memphis, Memphis, TN?

The most popular zip codes in South Memphis, Memphis, TN include 38106, 38109, 38104, 38016 and 38126.

What are the most popular neighborhoods near South Memphis, Memphis, TN?

The most popular neighborhoods near South Memphis, Memphis, TN are Southeast Memphis, South Main, South City, Downtown Memphis and Annesdale.

Are home prices dropping in South Memphis?

Yes, home prices in South Memphis are down 35% in the last 12 months.

Home Trends in South Memphis, TN

On average, homes in South Memphis, Memphis sell after 91 days on the market compared to the national average of 70 days. The median sale price for homes in South Memphis, Memphis over the last 12 months is $277,500, down 29% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$277,500

Median Single Family Sale Price

$425,000

Median Townhouse Sale Price

$349,950

Median 2 Bedroom Sale Price

$180,000

Median 1 Bedroom Sale Price

$325,000

Average Price Per Sq Ft

$238

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

1.90

Median List Price

$335,700

Median Change From 1st List Price

Median Home Sale Price YoY Change

-29%

How to Buy a Home How to Finance a Home How to Sell a Home

South Memphis Real Estate Listings

South Memphis New Construction Homes

More About Living in South Memphis

Homes in Nearby Neighborhoods

Homes in Nearby Cities

Homes in Nearby Counties

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