South Memphis Homes for Sale

• 

  

  /2

  $95,000

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,008 Sq Ft

  1541 Patton St, Memphis, TN 38106

  This home has been renovated and is move in ready! This would make a nice first time buyer home. Three bedrooms and two bathrooms.

  

  Leaser Coleman

  Empire Realty, LLC

  1541 Patton St, Memphis, TN 38106
• Explore South Memphis

• 

  

  

  /15

  $75,000

  $15K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,200 Sq Ft

  318 Simpson Ave, Memphis, TN 38106

  Schedule your viewing for this renovated 2 bed, 1 bath home. It would make an awesome investment property or owner occupant new home. It features fresh paint throughout, an updated kitchen and bathroom, and luxury vinyl plank throughout. The electrical and plumbing have been updated with all new fixtures. It has new windows and blinds. It's loceated conveniently close to LeMoyne-Owen College,

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  318 Simpson Ave, Memphis, TN 38106
• 

  

  /2

  $70,000

  • 2 Beds
  • 1 Bath
  • 720 Sq Ft

  163 W Mckellar Ave, Memphis, TN 38109

  Great investment opportunity! Property is currently tenant-occupied with monthly rent of $785, providing income from day one and performing above the 1% rule based on the current asking price. Property may be purchased individually or as part of a package with additional investment properties located at 2859 Invergarry Memphis, TN 38128, and 4081 Berkshire Avenue, Memphis, TN 38108. Seller will

  

  Vivian Denogean

  Fast Track Realty, LLC

  163 W Mckellar Ave, Memphis, TN 38109
• 

  

  /2

  $6,000

  $2K PRICE DROP

  • Land
  • 7,405 Sq Ft
  • $35,294 per Acre

  268 W Mckellar Ave, Memphis, TN 38109

  

  Tonya McDowell

  The Stamps Real Estate Company

  268 W Mckellar Ave, Memphis, TN 38109
• 

  

  /2

  $47,000

  $8K PRICE DROP

  • 2 Beds
  • 1 Bath

  2001 Belmar St, Memphis, TN 38106

  Great for investors. Roof is under 2 years of age. Property vacant so just go and show.

  

  Nicole Sykes

  The Home Partners Realty

  2001 Belmar St, Memphis, TN 38106
• 

  /2

  $4,000

  • Land
  • 6,969 Sq Ft
  • $25,000 per Acre

  358 E Lucy Ave, Memphis, TN 38106

  

  Africa McCloy

  Crye-Leike, Inc., REALTORS

  358 E Lucy Ave, Memphis, TN 38106
• 

  

  /13

  $70,000

  $3K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 974 Sq Ft

  1561 Preston St, Memphis, TN 38106

  Here's a perfect opportunity to purchase a cash flowing property.Calling all investors! This income-producing 3-bedroom, 1-bath home is the perfect addition to your rental portfolio. Featuring strong cash flow potential, spacious living areas, and a functional floor plan, this property is already set up to generate consistent monthly income. Property is occupied by a tenant at $695 per mo. ***DO

  

  Tara Woodley

  Zach Taylor Real Estate

  1561 Preston St, Memphis, TN 38106
• 

  /2

  $125,000

  • 5 Beds
  • 2 Baths
  • 1,412 Sq Ft

  345 S Parkway E, Memphis, TN 38106

  Charming 3-bedroom, 1-bath home offering approximately 1,412 square feet of living space. This property features a spacious living area, updated exterior with attractive black-and-white curb appeal, ample parking, and a large lot with mature trees. Conveniently located near Downtown Memphis, schools, parks, shopping, and major transportation routes. Whether you're a first-time homebuyer looking

  

  Leaser Coleman

  Empire Realty, LLC

  345 S Parkway E, Memphis, TN 38106
• 

  

  /8

  $89,000

  • 2 Beds
  • 1 Bath
  • 1,076 Sq Ft

  1487 Swift St, Memphis, TN 38109

  Renovated in 2023, this income-producing property is an excellent opportunity for investors seeking a rent-ready asset with professional management already in place. Featuring a functional floor plan with a spacious living room, separate dining area, decorative fireplace, and a dedicated laundry room, this home also offers a covered front porch and a large backyard—appealing features for

  

  Amy Woods

  Crye-Leike, Inc., REALTORS

  1487 Swift St, Memphis, TN 38109
• 

  /2

  $4,000

  • Land
  • 7,405 Sq Ft
  • $23,529 per Acre

  349 Simpson Ave, Memphis, TN 38106

  

  Africa McCloy

  Crye-Leike, Inc., REALTORS

  349 Simpson Ave, Memphis, TN 38106
• 

  /2

  $6,000

  • Land
  • 4,356 Sq Ft
  • $60,000 per Acre

  356 Cambridge Ave, Memphis, TN 38106

  Lot ready to be developed. Just drive by.

  

  Jo Mathes

  Pinnacle Realty

  356 Cambridge Ave, Memphis, TN 38106
• 

  

  /16

  $102,000

  $8K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,241 Sq Ft

  663 Lucy Ave, Memphis, TN 38106

  This renovated 3 bed, 1 bath home features fresh paint and LVP throughout. It offers a covered front porch and nice sized shaded back yard, which would be great for entertaining. It has brand new wiring and fixtures throughout that should be trouble free for years to come. This property is in the heart of Soulsville just around the corner from The Stax Museum, the Stax Music Academy, and

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  663 Lucy Ave, Memphis, TN 38106
• 

  /2

  $6,000

  $2K PRICE DROP

  • Land
  • 7,405 Sq Ft
  • $35,294 per Acre

  267 W Mckellar Ave, Memphis, TN 38109

  Buyer to do their own due diligence. Please drive by the lot and feel free to walk the property. Cash offers only please. No seller financing.

  

  Tonya McDowell

  The Stamps Real Estate Company

  267 W Mckellar Ave, Memphis, TN 38109
• 

  /2

  $85,000

  $30K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,267 Sq Ft

  1388 Preston St, Memphis, TN 38106

  This is a nice family home on a corner lot with a large covered porch.

  

  Leaser Coleman

  Empire Realty, LLC

  1388 Preston St, Memphis, TN 38106
• 

  

  /12

  $210,000

  New Construction

  • 3 Beds
  • 2.5 Baths
  • 1,519 Sq Ft

  1392 S Orleans St, Memphis, TN 38106

  New Homes in the Heart of South Memphis Find the perfect blend of modern comfort and prime location at Lincoln Park. These thoughtfully designed homes offer: 3 spacious bedrooms 2.5 bathrooms Covered front porch and patio Stainless steel appliances Community Park with walking trail Easy access to Downtown Memphis and the Medical District Each home has the same floor plan with varying upgraded

  

  Tammy Taylor

  KAIZEN Realty, LLC

  1392 S Orleans St, Memphis, TN 38106
• 

  

  /13

  $210,000

  New Construction

  • 3 Beds
  • 2.5 Baths
  • 1,519 Sq Ft

  1380 S Orleans St, Memphis, TN 38106

  New Homes in the Heart of South Memphis Find the perfect blend of modern comfort and prime location at Lincoln Park. These thoughtfully designed homes offer: 3 spacious bedrooms 2.5 bathrooms Covered front porch and patio Stainless steel appliances Community Park with walking trail Easy access to Downtown Memphis and the Medical District Each home has same floor plan with varying upgraded

  

  Tammy Taylor

  KAIZEN Realty, LLC

  1380 S Orleans St, Memphis, TN 38106
• 

  

  /14

  $210,000

  New Construction

  • 3 Beds
  • 2.5 Baths
  • 1,519 Sq Ft

  1372 S Orleans St, Memphis, TN 38106

  New Homes in the Heart of South Memphis Find the perfect blend of modern comfort and prime location at Lincoln Park. These thoughtfully designed homes offer: 3 spacious bedrooms 2.5 bathrooms Covered front porch and patio Stainless steel appliances Community Park with a walking trail Easy access to Downtown Memphis and the Medical District Each home has the same floor plan with varying upgraded

  

  Tammy Taylor

  KAIZEN Realty, LLC

  1372 S Orleans St, Memphis, TN 38106
• 

  

  /22

  $220,000

  New Construction

  • 3 Beds
  • 2 Baths
  • 1,557 Sq Ft

  1067 Shaw Place, Memphis, TN 38126

  Welcome home to this beautifully constructed 3 bedroom, 2 bathroom residence in a new home community located in Memphis’ historic Soulsville neighborhood. Designed for modern living, the home features an open and inviting floor plan, stylish finishes, a contemporary kitchen with quality cabinetry and countertops, and a spacious primary suite with a private bath. Energy efficient construction

  

  Rasheedah Jones

  Dreamteam Realty Co

  1067 Shaw Place, Memphis, TN 38126
• 

  

  /19

  $220,000

  New Construction $5K PRICE INCREASE

  • 3 Beds
  • 2 Baths
  • 1,450 Sq Ft

  352 Gaston Ave, Memphis, TN 38126

  NEW DEVELOPMENT-LUXURY AFFORDABLE HOME! Welcome to your dream home in the heart of Memphis! This stunning new construction home features three spacious bedrooms and two modern bathrooms, thoughtfully designed with an open-concept layout that is perfect for entertaining and everyday living. Talk about entertainment...Check out the custom-built-in media wall to add to the upgrades. Step into a

  

  Tammy Taylor

  KAIZEN Realty, LLC

  352 Gaston Ave, Memphis, TN 38126
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  /12

  $52,500

  $2K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 943 Sq Ft

  90 E Trigg Ave, Memphis, TN 38106

  Investor Opportunity on this freshly remodeled home! New tenant with 1 year lease through 4/30/27. Rent is $695/mo. Professionally managed. Located close to entertainment and commerce, this neighborhood is prime for growth.

  Joshua Cooper Sowell, Realtors

  90 E Trigg Ave, Memphis, TN 38106
• 

  /2

  $5,000

  • Land
  • 4,356 Sq Ft
  • $50,000 per Acre

  598 Williams Ave, Memphis, TN 38126

  Great opportunity to build on a vacant residential lot in Memphis. Convenient location with easy access to shopping, dining, and major roadways. Buyer to verify lot size, utilities, zoning, and any building requirements.

  Crystal Mitchell Renshaw Company, REALTORS

  598 Williams Ave, Memphis, TN 38126
• 

  

  /7

  $85,000

  $5K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,050 Sq Ft

  1672 Clancy St, Memphis, TN 38106

  Two doors are always better than one! This brick duplex sits nicely on a corner lot. One side is rented at $685 and the lease ends 05/01/2027. The other side is vacant and ready to rent! It is also being marketed to rent for $685. There is a property management company in place. Close on this one and immediately start receiving rental income! Located minutes from downtown, midtown and expressway.

  Verna Littleton Fast Track Realty, LLC

  1672 Clancy St, Memphis, TN 38106
• 

  

  /15

  $125,000

  • 2 Beds
  • 1.5 Baths
  • 1,210 Sq Ft

  1532 Barton St, Memphis, TN 38106

  Newly Renovated Property! Great opportunity for an investor or homebuyer! The property is currently unoccupied and readily available for viewing. This property is currently being professionally managed by Reedy and Company. Whether you're an owner-occupant or investor, this opportunity is open to you. No wholesale or creative financing offers.

  Alex Evans Reedy & Company, REALTORS

  1532 Barton St, Memphis, TN 38106
• 

  /2

  $250,000

  • Land
  • 16,552 Sq Ft
  • $657,895 per Acre

  184 South Pkwy E, Memphis, TN 38104

  Corner of South Parkway E and Third Street. Approximately 1/3 Acre.

  Vicki Blackwell Crye-Leike, Inc., REALTORS

  184 South Pkwy E, Memphis, TN 38104
• 

  /2

  $5,000

  $2K PRICE DROP

  • Land
  • 6,969 Sq Ft
  • $31,250 per Acre

  268 E Olive Ave, Memphis, TN 38106

  Builders/Investors get your building plan underway! Buyer to conduct all due diligence, selling AS-IS WHERE-IS. PLEASE contact listing agent for more information on this & other active lots

  Dawn Kinard Welch Realty, LLC

  268 E Olive Ave, Memphis, TN 38106
• 

  

  /5

  $4,500

  • Land
  • 9,583 Sq Ft
  • $20,455 per Acre

  244 W Davant Ave, Memphis, TN 38109

  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

  244 W Davant Ave, Memphis, TN 38109
• 

  /2

  $75,000

  $20K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 718 Sq Ft

  346 Modder Ave, Memphis, TN 38109

  Investor Special! Excellent investment opportunity in Memphis, TN featuring six single-family homes being offered individually or as a portfolio. Properties are being listed separately but may be purchased together as an investment package. 346 Modder Ave – Currently tenant-occupied, providing immediate cash flow. 132 Majuba St – Currently vacant and will require some repairs prior to occupancy,

  Bridget Jordan Epique Realty

  346 Modder Ave, Memphis, TN 38109
• 

  /2

  $8,500

  • Land
  • 6,534 Sq Ft
  • $56,667 per Acre

  265 E Alston Ave, Memphis, TN 38126

  Investors & Builders ~ Great area for new construction and re-development. Buyer to do any and all due diligence deemed necessary. Selling "AS-IS /WHERE-IS" - There are 7 total lots that can be bundled. 264 / 269 E Alston - 1297 College - 1816 Kerr - 1884 Hearst - 260 Lucerne

  Dawn Kinard Welch Realty, LLC

  265 E Alston Ave, Memphis, TN 38126
• 

  

  /4

  $10,000

  • Land
  • 11,761 Sq Ft
  • $37,037 per Acre

  380 Outer Pkwy, Memphis, TN 38109

  Great corner lot opportunity for investors, builders, or future homeowners. Zoned for single-family residential. Drive by anytime to view.

  Larry Jackson KAIZEN Realty, LLC

  380 Outer Pkwy, Memphis, TN 38109
• 

  /2

  $5,500

  • Land
  • 3,049 Sq Ft
  • $78,571 per Acre

  1818 Farrington St, Memphis, TN 38109

  Cleared vacant land for sale, ready for development with level terrain and convenient street access. Owner financing options available. All offers welcome. Previously bought in tax sale. Buyer responsible for endorsement fee.

  Virgil Pryor Harris Realty Services

  1818 Farrington St, Memphis, TN 38109
• 

  

  /12

  $74,900

  • 3 Beds
  • 1 Bath
  • 831 Sq Ft

  1654 Ely St, Memphis, TN 38106

  Great opportunity for an investor or first-time homebuyer! This 3-bedroom, 1-bath home offers excellent potential with minimal work needed. The property is being sold AS-IS and was recently rented through the Section 8 Housing Choice Voucher Program for approximately $1,000 per month, making it an attractive option for investors seeking rental income. Whether you're looking to expand your rental

  Chris Mosby ResiAmerica, Inc.

  1654 Ely St, Memphis, TN 38106
• 

  

  /11

  $85,000

  • 3 Beds
  • 1 Bath
  • 774 Sq Ft

  1565 Havana St, Memphis, TN 38106

  This one is super cute and clean~~ 3 Bedroom 1 bath ~~New Laminate wood floors, fresh paint, updated kitchen and bath. Ready to move in! Great addition to your portfolio!.

  Scott Housewirth Crye-Leike Inc., REALTORS

  1565 Havana St, Memphis, TN 38106
• 

  

  /14

  $76,500

  • 2 Beds
  • 2 Baths
  • 1,232 Sq Ft

  1748 Kansas St, Memphis, TN 38109

  Terrific opportunity to own this duplex and the one next to it! Each side is 1 bedroom & 1 bathroom plus a den area (total of 2 bedrooms and 2bathrooms per duplex) plus seller is selling the duplex next door as well (1744-1746 Kansas). You can buy all four doors/dwellings for an outstanding price. Solid brick construction which means low maintenance exterior. Cash offers only. Estimated market

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1748 Kansas St, Memphis, TN 38109
• 

  

  /22

  $270,000

  New Construction $5K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 1,750 Sq Ft

  1111 Walker Ave, Memphis, TN 38106

  Be the first to own one of 4 newly custom designed homes nestled in a well-established neighborhood in the heart of historic South Memphis. Close to the LeMoyne-Owen College campus & under a mile from the iconic Stax Museum, this home offers a unique opportunity to enjoy modern living in a culturally rich &historic area. This home offers over 1,700 sq ft of thoughtfully designed living space,

  James Harvey Jr Keller Williams

  1111 Walker Ave, Memphis, TN 38106
• 

  

  /17

  $28,900

  $11K PRICE DROP

  • 4 Beds
  • 1 Bath
  • 1,008 Sq Ft

  243 1st Ave, Memphis, TN 38109

  Property has lots of upside potential for investment either for rental or rehab & sell. Property is sold "as is" for cash. No financing offers will be accepted. No wholesalers, assignments or blind offers. Property is vacant and easy to show. Contact Broker Bay or listing agent for access information. Property has central heat, hardwood floors & walk-out basement.

  Lowell Brister Leco Realty, Inc.

  243 1st Ave, Memphis, TN 38109
• 

  

  /6

  $9,900

  • 3 Beds
  • 1 Bath
  • 1,511 Sq Ft

  126 Lucy Ave, Memphis, TN 38106

  The property is sold As-Is, Where-Is. Seller has no knowledge, buyer should perform their due diligence and make their own assessments. THIS IS LARGE MAJORITY BRICK HOME LOCATED ON THE END OF A COVED STREET. WITH SOME TLC THIS PROPERTY COULD BECOME A DIAMOND IN THE ROUGH.

  Juan Brooks Process Realty Services

  126 Lucy Ave, Memphis, TN 38106
• 

  /2

  $5,000

  $5K PRICE DROP

  • Land
  • 3,484 Sq Ft
  • $62,500 per Acre

  1401 Latham St, Memphis, TN 38106

  Builders/Investors get your building plan underway! Buyer to conduct all due diligence, selling AS-IS WHERE-IS. PLEASE contact listing agent for more information on this & other active lots

  Dawn Kinard Welch Realty, LLC

  1401 Latham St, Memphis, TN 38106
• 

  

  /4

  $4,500

  • Land
  • 10,018 Sq Ft
  • $19,565 per Acre

  2129 Yazoo St, Memphis, TN 38106

  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

  2129 Yazoo St, Memphis, TN 38106
• 

  

  /8

  $39,900

  • 3 Beds
  • 1 Bath
  • 1,248 Sq Ft

  417 E Olive Ave, Memphis, TN 38106

  Vacant, easy to show. The home needs renovations. Brick exterior. No seller/creative financing.

  Caleb Parr Renshaw Company, REALTORS

  417 E Olive Ave, Memphis, TN 38106
• 

  

  /3

  $45,500

  • 3 Beds
  • 2 Baths
  • 1,928 Sq Ft

  872 Stafford Ave, Memphis, TN 38106

  Large 3/2 with 10ft ceilings in Soulsville Complete Rehab, but Diamond in the Rough Investor Special !!!

  Reginald RL Pruitt The Peyton Co., Inc., REALTORS

  872 Stafford Ave, Memphis, TN 38106

Showing Results 1 - 40, Page 1 of 6

Why Live in South Memphis

South Memphis, often referred to as Soulsville, has a rich history rooted in soul music, highlighted by the Stax Museum, which stands as a symbol of the community's cultural heritage. The neighborhood is undergoing significant changes, with newly constructed apartments and housing communities replacing older public housing projects. Community organizations like the Soulsville Foundation and The Knowledge Quest are actively working to uplift the area. 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. Memphis-Shelby County Schools serves the community through A. B. Hill Elementary School, Riverview Middle Schools, Hamilton High School and Soulsville Charter School. Local attractions include Martin Luther King Jr. Riverside Park, which offers playgrounds and walking trails around a lake, and the verdant Carlisle S. Page Arboretum. The Green Leaf Learning Farm offers after-school gardening and culinary arts programs. 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, about 3 miles away, ensures quick access to major employers.

Learn more about living in South Memphis

South Memphis, Memphis, TN Home Prices vs. Nearby Neighborhoods

	South Memphis	Southeast Memphis	South City	Westwood
Median Home Price	$88,250	$99,901	$87,000	$109,900
Median Sale Price	$63,950 +7% YoY	$75,500 +1% YoY	$65,000 -2% YoY	$99,000 +14% YoY
Median Single Family Price	$75,000	$82,850	$65,000	$100,000
Median Townhouse Price	$19,500	$173,000	$245,000	--
Median Condo Price	$169,900	$215,000	--	$165,000
Total Active Listings	100 listings	97 listings	2 listings	97 listings
Market Conditions	8 Months of Supply Buyer's Market	6 Months of Supply Balanced Market	5 Months of Supply Balanced Market	7 Months of Supply Buyer's Market

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 4.0 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 61% of residents renting and 39% 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 $88,250. If you put a 20% down payment of $17,600 and had a 30-year fixed mortgage with an interest rate of 6.71%, your estimated principal and interest payment would be $460 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $20K a year to afford the median home price in South Memphis. Learn how much home you can afford with our Home Affordability Calculator. 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 10:1 and an average review score of 3.8.
• Booker T. Washington Middle & High School has a C Niche grade, a student teacher ratio of 11:1 and an average review score of 4.3.
• Mitchell High School has a C- Niche grade, a student teacher ratio of 16:1 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 3.7.
• St. Augustine Catholic School has a student teacher ratio of 15:1.
• Creative Life Preparatory School has a student teacher ratio of 4:1.

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, 38126 and 38128.

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, Annesdale and Westwood.