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Studio to 3 Bedroom Homes for Sale in South Memphis

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  • /2

    $55,000

    • 3 Beds
    • 1 Bath
    • 1,192 Sq Ft

    2100 Riverside Blvd, Memphis, TN 38109

    Charming 3BR/1BA home with new roof and recent updates! Ideal for owner-occupant or investor seeking strong rental returns. Great location near downtown and amenities. Vacant and ready for quick closing. Don’t miss this affordable opportunity!

    Agent Photo

    Rasheedah Jones

    Dreamteam Realty Co

    (901) 617-4676

    2100 Riverside Blvd, Memphis, TN 38109
  • /34

    $94,000

    • 3 Beds
    • 2 Baths
    • 2,233 Sq Ft

    790 E Mallory Ave, Memphis, TN 38106

    Brick 3BR/2BA + bonus room home on a spacious corner lot with tons of potential. Perfect opportunity for investors or buyers looking for a renovation project. Home features a large living room, separate dining room, original hardwood floors, a spacious kitchen footprint, and a separate laundry/mudroom area. Exterior highlights include mature trees, a long driveway, and a detached 2-car garage.

    Agent Photo

    Angela Watson

    Skyline Realty

    (901) 460-6150

    790 E Mallory 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.

    Agent Photo

    Oliver Peyton

    The Peyton Co., Inc., REALTORS

    (901) 668-7003

    613 Wicks Ave, Memphis, TN 38126
  • /15

    $185,000 New Construction

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

    351 Edith Ave, Memphis, TN 38126

    Welcome to your dream home in the heart of Memphis! This stunning new construction offers 3 spacious bedrooms and 2 modern bathrooms, thoughtfully designed with an open-concept layout perfect for entertaining and everyday living. Step into a light-filled living space that flows seamlessly with sleek finishes. Enjoy morning coffee on the charming covered front porch and unwind in the evenings on

    Agent Photo

    Tammy Taylor

    KAIZEN Realty, LLC

    (901) 676-6721

    351 Edith Ave, Memphis, TN 38126
  • /23

    $185,000 New Construction

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

    355 Edith Ave, Memphis, TN 38126

    Welcome to your dream home in the heart of Memphis! This stunning new construction offers 3 spacious bedrooms and 2 modern bathrooms, thoughtfully designed with an open-concept layout perfect for entertaining and everyday living. Step into a light-filled living space that flows seamlessly with sleek finishes. Enjoy morning coffee on the charming covered front porch and unwind in the evenings on

    Agent Photo

    Tammy Taylor

    KAIZEN Realty, LLC

    (901) 582-6570

    355 Edith Ave, Memphis, TN 38126
  • /19

    $225,000 New Construction

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

    352 Gaston Ave, Memphis, TN 38126

    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 light-filled living space that flows

    Agent Photo

    Tammy Taylor

    KAIZEN Realty, LLC

    (901) 617-3884

    352 Gaston Ave, Memphis, TN 38126
  • /23

    $185,000 New Construction

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

    372 Edith Ave, Memphis, TN 38126

    Welcome to your dream home in the heart of Memphis! This stunning new construction offers 3 spacious bedrooms and 2 modern bathrooms, thoughtfully designed with an open-concept layout perfect for entertaining and everyday living. Step into a light-filled living space that flows seamlessly with sleek finishes. Enjoy morning coffee on the charming covered front porch and unwind in the evenings on

    Agent Photo

    Tammy Taylor

    KAIZEN Realty, LLC

    (901) 621-3508

    372 Edith Ave, Memphis, TN 38126
  • /2

    $210,000 New Construction

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

    1380 S Orleans St, Memphis, TN 38106

    New Homes • Modern Living • Prime Location (Updated Pictures Coming Soon) Be part of a vibrant new community in the heart of South Memphis! Lincoln Park Subdivision features: Single-family homes & duplexes to include 2–3 bedrooms / 2–2.5 bathrooms. Open-space Park with walking trail Minutes from Downtown & Medical District Enjoy an airy, welcoming atmosphere designed for comfort and connection.

    Agent Photo

    Tammy Taylor

    KAIZEN Realty, LLC

    (901) 657-4454

    1380 S Orleans St, Memphis, TN 38106
  • /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

    $55,000

    • 3 Beds
    • 1 Bath
    • 977 Sq Ft

    784 Tampa Ave, Memphis, TN 38106

    Welcome to 784 Tampa Ave, Memphis, TN 38106, a cozy and affordable home located in the heart of South Memphis. This property offers a great opportunity for homeowners or investors looking for value and convenience. Property sold as-is

    Michael Nix eXp Realty, LLC

    784 Tampa Ave, Memphis, TN 38106
  • /3

    $180,000

    • 3 Beds
    • 2 Baths
    • 1,347 Sq Ft

    620 Williams Ave, Memphis, TN 38126

    Veronique Horton Keller Williams

    620 Williams Ave, Memphis, TN 38126
  • /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
  • /2

    $75,000

    • 3 Beds
    • 1 Bath
    • 1,299 Sq Ft

    1398 Leflore Place, Memphis, TN 38106

    This three-bedroom home is a strong investment opportunity offering reliable monthly rental income of $950. The property is tenant-occupied and already cash flowing, providing immediate returns for the new owner. With a practical layout and consistent rental history, this home is well positioned as a low-maintenance addition to any portfolio. Ideal for both first-time and seasoned investors,

    Terrance Hill eXp Realty, LLC

    1398 Leflore Place, Memphis, TN 38106
  • /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
  • /12

    $89,900

    • 3 Beds
    • 1 Bath
    • 1,080 Sq Ft

    1656 Barton St, Memphis, TN 38106

    Discover this freshly updated 3 bedroom, 1 bathroom single story home offering a clean, move-in-ready feel from the moment you walk in. The interior has been refreshed with new paint throughout, giving the home a bright and welcoming vibe. The living area flows easily into the kitchen, creating a functional layout perfect for everyday living. All three bedrooms offer comfortable space and

    Garth Ward eXp Realty, LLC

    1656 Barton 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
  • /9

    $99,900

    • 3 Beds
    • 2 Baths
    • 1,157 Sq Ft

    224 Ingle Ave, Memphis, TN 38109

    Step into this beautifully renovated 3-bedroom, 2-bath home offering modern upgrades, stylish finishes, and a layout designed for comfortable living. Every detail has been refreshed, from flooring and paint to kitchen and bath updates, making it truly move-in ready. Perfectly located near local shopping and dining, this home also provides quick access to the interstate and is just minutes from

    Gene Adams Realty International, Inc.

    224 Ingle Ave, Memphis, TN 38109
  • /30

    $109,000

    • 3 Beds
    • 1.5 Baths
    • 1,158 Sq Ft

    757 Alice Ave, Memphis, TN 38106

    This home offers a great opportunity for both first-time buyers willing to put in some work and investors looking for a solid project. This 3 bedroom fixer features a functional layout with plenty of room to update and make it your own. With repairs and cosmetic upgrades, the home can quickly build equity or serve as a strong rental or flip. Ideal for a cash deal, it’s investor friendly while

    Daniel Demers Sell Your Home Services, LLC

    757 Alice Ave, 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
  • /2

    $59,900

    • 3 Beds
    • 2 Baths
    • 1,548 Sq Ft

    672 E Davant Ave, Memphis, TN 38106

    Great investment home that needs some work. Currently boarded.

    Joe King Marathon REALTORS, LLC

    672 E Davant Ave, Memphis, TN 38106
  • /22

    $270,000 New Construction

    • 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
  • /2

    $220,000 New Construction

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

    1067 Shaw Place, Memphis, TN 38126

    Welcome to Shaw Place Development—a new residential community in South Memphis . Located directly across from LeMoyne-Owen College and just minutes from the Stax Museum and The Soulsville Charter School, this community blends affordable luxury with modern elegance. There is still time to select your lot and customize your finishes. Whether you're a first-time homebuyer or looking to downsize

    Charlene Bailey Exit Realty Blues City

    1067 Shaw Place, Memphis, TN 38126
  • /14

    $169,900 New Construction

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

    770 Cherokee Ave, Memphis, TN 38106

    Beautiful new construction in a very nice and quiet block of South Memphis. The home features three bedrooms and two full bathrooms, a primary bedroom, a spacious laundry room, a large open-concept living room, dining room, and a kitchen with soft-close shaker cabinets, quartz countertops, a large island, and a separate pantry.

    Jonathan Minerick homecoin.com

    770 Cherokee Ave, Memphis, TN 38106
  • /9

    $119,900

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

    1318 Glenn St, Memphis, TN 38106

    Welcome to your dream home reimagined! This beautifully remodeled residence blends modern elegance with timeless charm, offering the perfect balance of comfort, style, and functionality. Featuring 3 bedrooms and 2 full bathrooms. New flooring, Cabinets, all updated bathrooms and much more. Schedule a showing today!

    Ali Nawaz KAIZEN Realty, LLC

    1318 Glenn St, Memphis, TN 38106
  • /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
  • /2

    $33,300

    • 3 Beds
    • 1.5 Baths
    • 1,635 Sq Ft

    1239 S Wellington St, Memphis, TN 38106

    “This property is subject to the Freddie Mac First Look Initiative. The Freddie Mac First Look Initiative limits offers from being entertained during the first 20 days of listing to owner occupant and non-profit buyers. Investor offers will be responded to after the first look period ends on 01/08/2026.” 3 bedroom, 1.5 baths, needs updating, sold as-is.

    Sam Hanks Broker South Realty

    1239 S Wellington St, Memphis, TN 38106
  • /15

    $158,000

    • 3 Beds
    • 2 Baths
    • 1,516 Sq Ft

    760 E Mckellar Ave, Memphis, TN 38106

    Newly renovated in 2024, this 3 bedroom/ 2 full bath home is a MUST SEE! A yard lover's dream with plenty of room for backyard entertaining, patio relaxation, or adding additional living space. The home includes a 1 car garage, separate den, dining room and laundry room in addition to all wood floorings throughout the home. Great for 1st time homebuyers or investors.

    Toyraine Smith Grand Point Realty, LLC

    760 E Mckellar 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
  • /19

    $135,000

    • 3 Beds
    • 1 Bath
    • 1,158 Sq Ft

    641 E Mckellar Ave, Memphis, TN 38106

    Home has been totally renovated , with re-finished hardwood floor , updated bathroom . Home has 3 br down and an extra room upstairs that could be study or game room.

    Trina Payne Performance, REALTORS

    641 E Mckellar Ave, Memphis, TN 38106
  • /4

    $50,000

    • 3 Beds
    • 1.5 Baths
    • 1,400+ Sq Ft

    1661 Humber St, Memphis, TN 38106

    3 bedroom 1.5 Bath Home. Looking for a fixer upper. Ask About Financing that can cover for Purchase and Renovations. Selling As Is. Seller is also Selling 2 more lots on the same street, 1661 Humber (Lot with Framed work) and 1658 Humber (Vacant lot). Let us know if you have any questions!

    Courtney Staples Keller Williams

    1661 Humber St, 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
  • /11

    $38,000

    • 3 Beds
    • 1 Bath
    • 1,147 Sq Ft

    57 W Frank Ave, Memphis, TN 38109

    Investor special! This property has been completely gutted and is ready for your next renovation project. The hard work of demo is already done — now it’s a blank canvas for your vision. Whether you’re looking to flip, rent, or rebuild, this home offers endless potential. Sold as-is. Bring your tools and creativity to transform this property into your next investment success!

    Jeff Goff Keller Williams

    57 W Frank Ave, Memphis, TN 38109
  • /4

    $30,000

    • 3 Beds
    • 1 Bath
    • 1,357 Sq Ft

    830 Alida Ave, Memphis, TN 38106

    Investor Special! Burnout property — do not enter, unsafe inside. View from exterior only and make your best offer! Cash or hard money buyers — proof of funds required with all offers. Sold as-is.

    Jay McMiller RE/MAX Realty Group

    830 Alida Ave, Memphis, TN 38106
  • /2

    $145,000

    • 3 Beds
    • 1 Bath
    • 1,372 Sq Ft

    385 Walker Ave, Memphis, TN 38126

    This home has already undergone significant updates and is ready for the next owner to complete the finishing touches. Much of the hard work is done—simply bring your vision to finish out the remaining areas and make it your own. Whether you’re an investor looking for your next project or a buyer wanting to customize a nearly completed renovation, this property offers exceptional potential at a

    Allison Brents 901, REALTORS

    385 Walker Ave, Memphis, TN 38126
  • /2

    $87,000

    • 3 Beds
    • 1 Bath
    • 980 Sq Ft

    880 Rutgers Rd, Memphis, TN 38106

    Investment Property

    James Harvey Jr Keller Williams

    880 Rutgers Rd, Memphis, TN 38106
  • /17

    $134,900

    • 3 Beds
    • 1 Bath
    • 1,059 Sq Ft

    190 E Fernwood Ave, Memphis, TN 38109

    This beautiful home has been completely updated from top to bottom! It features a new 30-year architectural roof, fresh paint inside and out, updated lighting, and beautiful commercial-grade, low-maintenance waterproof LVP flooring. The bathroom has been fully renovated with new tile, vanity, tub, mirror, and lighting. The kitchen boasts brand-new cabinets with soft-close drawers, new

    Wei Zhai eXp Realty, LLC

    190 E Fernwood Ave, Memphis, TN 38109
  • /16

    $44,900

    • 3 Beds
    • 1 Bath
    • 1,200+ Sq Ft

    177 Modder Ave, Memphis, TN 38109

    Calling all investors! HUGE PRICE DROP....Great Opportunity. This home is for sale! Needs repairs but could be worth a lot of money once fixed up. Some repairs have been completed and the electrical is currently on! Can fix it up and sell for a lot of money or keep it and live in it. Many homes in this area are being rehabbed & sold for more money! ONLINE VIDEO AVAILABLE UPON REQUEST. No

    Tyler Tapley Crye-Leike, Inc., REALTORS

    177 Modder Ave, Memphis, TN 38109

Showing Results 1 - 40, Page 1 of 2

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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