27

Studio to 2 Bedroom Homes for Sale in South Memphis

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  • /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.

    Agent Photo

    Oliver Peyton

    The Peyton Co., Inc., REALTORS

    (901) 668-7003

    613 Wicks Ave, Memphis, TN 38126
  • /22

    $27,997

    • Land
    • 0.72 Acre
    • $38,885 per Acre

    280 Bullington Ave Unit Memphis TN 38106, Memphis, TN 38106

    Owner Financing Available - This 0.72 acre lot is located in Memphis, Tennessee and the address is 280 Bullington Avenue, 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 LandDirectUSA.com

    280 Bullington Ave Unit Memphis TN 38106, Memphis, TN 38106
  • /2

    $25,000

    • 2 Beds
    • 1 Bath
    • 600+ Sq Ft

    245 Kirk Ave, Memphis, TN 38109

    House needs complete renovation. House has been gutted to the floor joists. (Proceed with Caution) . House has no utilities etc.

    Jabari Bailey The Bailey Company Realty, Inc

    245 Kirk Ave, Memphis, TN 38109
  • /8

    $117,900

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

    1869 S Lauderdale St, Memphis, TN 38106

    Turnkey Investment Opportunity! This beautifully updated single-family home is leased to a dependable long-term tenant at $1,000/month through June 2026. Renovations completed in April 2022 include a brand new roof, AC condenser, furnace & A-coil, water heater, plus a modern kitchen and remodeled bathrooms. Professionally managed with well-documented maintenance and tenant history. Showings with

    Jeremy Veldman KAIZEN Realty, LLC

    1869 S Lauderdale St, Memphis, TN 38106
  • /2

    $95,000

    • 2 Beds
    • 1 Bath
    • 718 Sq Ft

    346 Modder Ave, Memphis, TN 38109

    Excellent investment opportunity in Memphis, TN featuring three 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, offering

    Bridget Jordan Epique Realty

    346 Modder Ave, Memphis, TN 38109
  • /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
  • /22

    $85,000

    • 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
  • /20

    $77,000 Coming Soon

    • 2 Beds
    • 2 Baths

    103 Lucy Ave, Memphis, TN 38106

    "Investment opportunity! 2-bed, 2-bath house with long-term paying tenants. Also available as part of a 5-home package deal, all leased to a business serving the mentally challenged. All homes are on the same street next door to each other. 97, 103,111,119, and 123 Lucy Ave, plus some vacant lots for sale. Don't miss this unique chance!". Call for now before it's sold.

    larrian currie One Stop Global Realty

    103 Lucy Ave, Memphis, TN 38106
  • /4

    $15,000

    • 2 Beds
    • 1 Bath
    • 600+ Sq Ft

    2076 Farrington St, Memphis, TN 38109

    Investment property available. Distressed home near many industrial facilities / employers. Property has curb cut. Cash offers preferred. Please do due diligence before submitting an offer. No creative or owner financed offers. No wholesale or assignment

    William Haynes Crye-Leike, Inc., REALTORS

    2076 Farrington St, Memphis, TN 38109
  • /17

    $77,000 Coming Soon

    • 2 Beds
    • 2 Baths

    119 Lucy Ave, Memphis, TN 38106

    "Investment opportunity! 2-bed, 2-bath house with long-term paying tenants. Also available as part of a 5-home package deal, all leased to a business serving the mentally challenged. All homes are on the same street next door to each other. 97, 103,111,119, and 123 Lucy Ave, plus some vacant lots for sale. Don't miss this unique chance!". Call for now before it's sold.

    larrian currie One Stop Global Realty

    119 Lucy Ave, Memphis, TN 38106
  • /23

    $99,975

    • 2 Beds
    • 1 Bath
    • 1,061 Sq Ft

    726 E Gage Ave, Memphis, TN 38106

    Property selling as follows: As-Is Where-Is. Entire house has been renovated. New wood fence around property. This cute house just got a makeover! It has a new roof, so it’s all set for any weather. Inside, there are two bedrooms and one bathroom, all redone and looking great. The floors are new everywhere in the house, making it feel fresh. The kitchen has shiny new appliances, ready for you to

    KC Lam Cordova Realty, Inc.

    726 E Gage Ave, Memphis, TN 38106
  • /2

    $35,670

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft

    1404 Preston St, Memphis, TN 38106

    PRICE REDUCED OWNER MOTIVATED! GREAT INVESTMENT OR FIRST TIME HOMEBUYERS. HOME BEING SOLD AS-IS WHERE-IS WITH NO EXPRESSED WARRANTIES. SELLER(S) HAS OTHER PROPERTIES. IF YOUR BUYER SHOULD PURCHASE BOTH PROPERTIES AT 1 TIME SELLER(S) WILL OFFER A DISCOUNT CHECKOUT 3909 FIZER (LAND) CALL NOW, SELLERS ARE MOTIVATED

    Helen Jackson Good Shepherds Realty & Invest

    1404 Preston St, Memphis, TN 38106
  • /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
  • /8

    $99,900

    • 2 Beds
    • 1 Bath
    • 977 Sq Ft

    1346 Mcmillan St, Memphis, TN 38106

    Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $855 per month and is on a lease from 10/01/2025 - 09/30/2026. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

    Alex Evans Reedy & Company, REALTORS

    1346 Mcmillan St, Memphis, TN 38106
  • /20

    $85,000

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

    276 E Alston Ave, Memphis, TN 38126

    This spacious 2br/1ba home offers a fantastic opportunity for both first time homebuyers or investors! This home has been renovated throughout including new roof, new HVAC system, flooring, fencing, and much more. With minimal cosmetic touch up needed. Located in near downtown Memphis. Minutes away from West Memphis, historical Beal Street, schools, shopping, and highways. This property will also

    Deborah Sutherland Fast Track Realty, LLC

    276 E Alston Ave, Memphis, TN 38126
  • /22

    $77,000 Coming Soon

    • 2 Beds
    • 2 Baths

    111 Lucy Ave, Memphis, TN 38106

    "Investment opportunity! 2-bed, 2-bath house with long-term paying tenants. Also available as part of a 5-home package deal, all leased to a business serving the mentally challenged. All homes are on the same street next door to each other. 97, 103,111,119, and 123 Lucy Ave, plus some vacant lots for sale. Don't miss this unique chance!". Call for now before it's sold.

    larrian currie One Stop Global Realty

    111 Lucy Ave, Memphis, TN 38106
  • /11

    $48,000

    • 1 Bed
    • 1 Bath
    • 600+ Sq Ft

    331 W Dison Ave, Memphis, TN 38109

    Excellent opportunity to buy this property at a great price. This home has low maintenance vinyl siding and a nice floor plan. ONLINE VIDEO AVAILABLE UPON REQUEST. Cash offers only! Home needs minor repairs but it is rent ready (for the most part). Could be a great primary residence or investment property. Please do inspections prior to submitting the offer (no blind offers). Most homes in

    Tyler Tapley Crye-Leike, Inc., REALTORS

    331 W Dison Ave, Memphis, TN 38109
  • /27

    $77,000 Coming Soon

    • 2 Beds
    • 2 Baths

    97 Lucy Ave, Memphis, TN 38106

    "Investment opportunity! 2-bed, 2-bath house with long-term paying tenants. Also available as part of a 5-home package deal, all leased to a business serving the mentally challenged. All homes are on the same street next door to each other—97, 103,111,119, and 123 Lucy Ave, plus some vacant lots for sale. Don't miss this unique chance!". Call for now before it's sold.

    larrian currie One Stop Global Realty

    97 Lucy Ave, Memphis, TN 38106
  • /11

    $88,000

    • 2 Beds
    • 1 Bath
    • 834 Sq Ft

    442 Jacklyn Ave, Memphis, TN 38106

    Welcome to this quaint cozy two bedroom home! This home features a spacious living room and dining room right off of the kitchen, two spacious bedroom, a nice full bathroom and separate storage room in the back. Owner has done optional upgrades including new lighting package, tile floors in kitchen and bathroom and new laminate flooring in the storage room. Large backyard provide ample space

    Jeremy Veldman KAIZEN Realty, LLC

    442 Jacklyn Ave, Memphis, TN 38106
  • /5

    $79,000

    • 2 Beds
    • 1 Bath
    • 1,000+ Sq Ft

    1660 S Wellington St, Memphis, TN 38106

    Investor alert! 1660 S Wellington St is a 2-bed, 1-bath brick home in South Memphis with hardwood floors, central heat, and a fenced backyard on a spacious 0.24-acre lot. Built in 1926, this traditional-style property offers 1,100 sq ft of potential and sits on a quiet street near local amenities. Features include a fireplace, separate living/dining rooms, and wrought iron security doors. Vacant

    Curtis Bleeker KAIZEN Realty, LLC

    1660 S Wellington St, Memphis, TN 38106
  • /25

    $77,000 Coming Soon

    • 2 Beds
    • 2 Baths

    123 Lucy Ave, Memphis, TN 38106

    "Investment opportunity! 2-bed, 2-bath house with long-term paying tenants. Also available as part of a 5-home package deal, all leased to a business serving the mentally challenged. All homes are on the same street next door to each other. 97, 103,111,119, and 123 Lucy Ave, plus some vacant lots for sale. Don't miss this unique chance!". Call for now before it's sold.

    larrian currie One Stop Global Realty

    123 Lucy Ave, Memphis, TN 38106
  • /24

    $114,900

    • 1 Bed
    • 1 Bath
    • 823 Sq Ft

    1202 Middle Dr Unit 101, Memphis, TN 38106

    Beautifully updated 1-bedroom, 1-bath condo in a prime East Memphis location. This home has been completely repainted and features new waterproof luxury vinyl plank flooring throughout. The remodeled kitchen offers granite countertops, new stainless steel stove, vent hood, and matching brushed nickel cabinet hardware. Updated light fixtures, ceiling fans, door hardware, and plumbing fixtures

    Camela Henke Enterprise, REALTORS

    1202 Middle Dr Unit 101, Memphis, TN 38106
  • /10

    $79,000

    • 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
  • /7

    $54,900

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft

    396 Fernwood Ave, Memphis, TN 38106

    Great Investment Property! Bring all offers. Tenant occupied, long term tenant for $700 per month. PLEASE DO NOT DISTURB TENANTS,SHOWINGS AND INSPECTIONS CONTINGENT UPON WRITTEN OFFER ONLY.

    Stacy Hobson J Hunter Realty

    396 Fernwood Ave, Memphis, TN 38106
  • /26

    $115,000

    • 2 Beds
    • 1 Bath
    • 792 Sq Ft

    1872 Benning St, Memphis, TN 38106

    Stunning Fully Rehabbed 2-Bedroom Retreat in a Serene Neighborhood Discover your dream home in this meticulously renovated 2-bedroom, 1-bath gem, nestled in a peaceful, family-friendly neighborhood. Perfect for a small family, a bachelor, or a downsizing couple, this charming residence blends modern luxury with timeless character. Step inside to find gleaming original hardwood floors that add

    Betty McGaughey eXp Realty, LLC

    1872 Benning St, Memphis, TN 38106
  • /2

    $85,000

    • 2 Beds
    • 1 Bath
    • 1,047 Sq Ft

    987 Rutgers Rd, Memphis, TN 38106

    Investment Property.

    James Harvey Jr Keller Williams

    987 Rutgers Rd, Memphis, TN 38106
  • /12

    $118,000

    • 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

Home Trends in South Memphis, TN

Housing Trends

Median Sale Price
$56,558
Median Single Family Sale Price
$77,000
Median Townhouse Sale Price
$30,000
Median 2 Bedroom Sale Price
$115,000
Median 1 Bedroom Sale Price
$114,900
Average Price Per Sq Ft
$65
Number of Homes for Sale
90
Last 12 months Home Sales
136
Months of Supply
7.90
Median List Price
$85,000
Median Change From 1st List Price
14%
Median Home Sale Price YoY Change
3%
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