South Memphis Houses for Sale

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  /12

  $64,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  2010 Martin Cir, Memphis, TN 38106

  Cash-Only Investor Special – Rental Ready with Key Upgrades Already Done! This updated 3BR, 1BA ranch-style home sits on a corner lot in South Memphis w/major improvements already complete. Refinished hardwood floors, fresh interior & exterior paint, new ceiling fans, plantation shutters & new interior doors — a strong foundation for a flip or buy-and-hold strategy. Upgraded kitchen w/new

  Melissa Blume Thompson eXp Realty

  2010 Martin Cir, Memphis, TN 38106
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  /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
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  /9

  $115,000

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

  1322 Sardis St, Memphis, TN 38106

  Investors—Add This One to Your Portfolio! This well-maintained brick home is located just minutes from the downtown area. It features three bedrooms, one bathroom, a new roof, and new windows, offering peace of mind and reduced maintenance costs. Tenant-occupied—please do not disturb. This property is a solid investment opportunity with strong potential for rental income.

  Area Mays KAIZEN Realty, LLC

  1322 Sardis St, Memphis, TN 38106
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  /11

  $40,000

  • 4 Beds
  • 2 Baths
  • 1,600+ Sq Ft

  1630 Latham St, Memphis, TN 38106

  Attn: Investors,1636, 1640, 1644 Latham are lots included in sale price. Lots are located next door to the property, all 3 lots in a row ends at the white pipe sticking out from ground. this 5 bedroom 2 bath house. Needs a lot of TLC. Make an offer. Seller will take the best offer.

  Juanita Jackson KAIZEN Realty, LLC

  1630 Latham St, Memphis, TN 38106
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  /15

  $115,126

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

  1578 Kansas St, Memphis, TN 38109

  Price Reduced. Investors don’t miss this charming home that blends comfort, convenience, and value! Step into the enclosed front screen porch—perfect for relaxing year-round. Inside, you’ll find three spacious bedrooms and two full bathrooms, along with beautiful hardwood flooring throughout. The home features a brand-new HVAC unit and new vinyl windows, offering energy efficiency and peace of

  Area Mays KAIZEN Realty, LLC

  1578 Kansas St, Memphis, TN 38109
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  /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
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  /6

  $22,500

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

  1557 Preston St, Memphis, TN 38106

  Investor Special! Large home that is being offered at a great price. Property needs repairs but could be worth a lot of money once fixed up. Home has a nice floor plan, hardwood floors, fireplace, and huge kitchen. ONLINE VIDEO AVAILABLE UPON REQUEST. Please go view the house and then make your offer with no inspection or financing contingencies. Seller is not interested in owner financing,

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1557 Preston St, Memphis, TN 38106
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  /3

  $64,625

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

  109 E Utah Ave, Memphis, TN 38106

  Investors! Welcome to a lovely 3 Bed/1 Bath rental that is cash flowing at $725 per month! Located close to entertainment and commerce, this neighborhood is prime for growth. The current lease runs through 06/30/2026, so don't miss this opportunity to expand your portfolio! This unit is part of a package of 18 properties.

  Trey McElroy Sowell, Realtors

  109 E Utah Ave, Memphis, TN 38106
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  /6

  $67,250

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  90 E Trigg Ave, Memphis, TN 38106

  Investors! Welcome to a lovely 2 Bed/1 Bath rental that is cash flowing at $850 per month! Located close to entertainment and commerce, this neighborhood is prime for growth. The current lease runs through 11/30/2025, so don't miss this opportunity to expand your portfolio! This unit is part of a package of 18 properties.

  Trey McElroy Sowell, Realtors

  90 E Trigg Ave, Memphis, TN 38106
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  /6

  $57,750

  • 2 Beds
  • 1 Bath
  • 600+ Sq Ft

  1305 Adelaide St, Memphis, TN 38106

  Don't miss out on a spectacular deal! Currently vacant, this 2B/1Ba home just South of Downtown Memphis is ready for your final touches. Partial rehab was completed in 2022 to include new paint, mostly new flooring, new central heat and air, and a new hot water tank. New electrical June 2025. Located steps away from a public park, check out this unique opportunity today! This unit is part of a

  Trey McElroy Sowell, Realtors

  1305 Adelaide St, Memphis, TN 38106
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  /4

  $313,895

  • 10 Beds
  • 3,772 Sq Ft

  1025 S Wellington St, Memphis, TN 38126

  Centrally located near Downtown Memphis, LeMoyne-Owen College, and the Stax Museum, this 5-Unit Garden apartment is sure to impress! New iron stairs on both ends were replaced March 2024. New roof, plumbing, electrical, and mechanical work completed January 2022. Currently 80% occupied. Annual scheduled rents of $38,820, with potential of $42,000 annual rents. Investors only, please call for more

  Trey McElroy Sowell, Realtors

  1025 S Wellington St, Memphis, TN 38126
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  /13

  $60,000

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

  541 E Trigg Ave, Memphis, TN 38106

  Back on the market. Great investment opportunity in Soulsville/Lemoyne-Owen College area with over 2000 sqft. Front furnace installed in Nov 2021. Property has plenty of potential. Needs cosmetic work. PROPERTY BEING SOLD AS-IS.

  Horace Profit 4 Success Realty, LLC

  541 E Trigg Ave, Memphis, TN 38106
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  /8

  $45,000

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

  1866 Kansas St, Memphis, TN 38109

  Ready to show and go.Needs a little TLC. Great opportunity!!

  kadestrick russell Russells Development

  1866 Kansas St, Memphis, TN 38109
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  /10

  $625,000

  • 20 Beds
  • 4,800 Sq Ft

  1034 Patton St, Memphis, TN 38106

  Investment Opportunity – Rental Property Package – $1,483,000 Being sold as a package! Total Price: $1,483,000 This portfolio includes: One 10-Unit Apartment Complex for $625,000 9 Single Family Homes at $78,000 each 2 Condos at $78,000 each All Single Family Homes and Condos are currently rented — instant cash flow! Package Includes: 3718 Denver St 2574 Sunny Hill Dr 1052 Seattle St 1403

  Jeffery Sample eXp Realty, LLC

  1034 Patton St, Memphis, TN 38106
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  /14

  $49,670

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

  1264 Mississippi Blvd, Memphis, TN 38106

  THIS IS A RESIDENTIAL HOME, THAT'S IN A COMMERCIAL AREA, 3 BD.RM, 1 BA., SEP. LIV. RM, KIT, AND LAUNDRY RM. WITH PREMINANT STAIRS LEADING UP TO EXPANDABLE AREA IN ATTIC IT ALSO HAS A BASEMENT FOR YOUR USE. IT GIVES YOU ALL TYPES OF POSSIBILITIES AND POTENTIALS. LOCATED AROUND BEAUTY SHOPS, YMCA, FUNERAL HOME, APPROX. 1 BLOCK FROM 4 WAY GRILL & STAX RECORDING STIDIO JUST USE YOUR AMAGINATION,

  Helen Jackson Good Shepherds Realty & Invest

  1264 Mississippi Blvd, Memphis, TN 38106
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  /15

  $165,000

  • 3 Beds
  • 2 Baths
  • 1,400+ 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 or patio relaxation. Great for 1st time homebuyers or investors. Potential rent $1200/mth. ** Showings to start Sept 15th.**

  Toyraine Smith Grand Point Realty, LLC

  760 E Mckellar Ave, Memphis, TN 38106
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  /10

  $390,000

  • 12 Beds
  • 4,200 Sq Ft

  487 Williams Ave, Memphis, TN 38126

  6-UNIT APARTMENT BUILDING LOADED WITH POTENTIAL! Owner has put ~$140,000 in renovations into the building over his tenure of ownership including- refurbishing all 6 units and replacing the sewer (March 2025). 2 units rented, 2 units moving out soon, 2 units vacant and need clean out and refresh to make rent ready. Wall heaters need to be repaired or replaced. Building being sold 'as is.'

  Jeremy Veldman KAIZEN Realty, LLC

  487 Williams Ave, Memphis, TN 38126
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  /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
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  /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
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  /39

  $635,000

  • 12 Beds
  • 5,664 Sq Ft

  1572 Hanauer St, Memphis, TN 38109

  Great opportunity for a new or seasoned investor looking to get into multi-family investing. 8-One BR/1BA & 2-Two BR/1 BA units for a total of 10. Most units have been renovated, 4 from the studs up with mechanical, electric and plumbing. All roofs less than 4 years old. Tenants pay for all utilities, owner pays for water & outside house lights. Great location, 10 minutes to Memphis Airport &

  John Cornes Braden, Braden & Braden LLC

  1572 Hanauer St, Memphis, TN 38109
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  /3

  $65,999

  • 3 Beds
  • 1 Bath
  • 1,800+ Sq Ft

  376 S Parkway E, Memphis, TN 38106

  SOLD AS IS

  John Amaefula REMAX Experts

  376 S Parkway E, Memphis, TN 38106
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  /7

  $39,000

  • 2 Beds
  • 1 Bath
  • 600+ Sq Ft

  1540 Gabay St, Memphis, TN 38106

  Nice cozy home tucked away on a decent street! Occupied by a long term tenant paying $725! Property Will need updated plumbing as well as cosmetic repairs! Property will be delivered vacant.

  Duane Kinnard Tri-Leake Realty

  1540 Gabay St, Memphis, TN 38106
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  /13

  $115,000

  • 2 Beds
  • 1 Bath
  • 1,641 Sq Ft

  33 E Fernwood Ave, Memphis, TN 38109

  Investment opportunity. Professionally managed and tenant occupied DUPLEX. Each unit is 2 bedrooms and 1 bathroom and brick exterior (4 bedrooms 2 full bathrooms total). Addresses are 33 & 35 E. Fernwood. The market rent is probably $900 or more per unit ($1800 or more) and the current rent is $1045. Property is fully rented out and professionally managed (leases, ledgers, repair history in

  Tyler Tapley Crye-Leike, Inc., REALTORS

  33 E Fernwood Ave, Memphis, TN 38109
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  /3

  $40,000

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

  268 E Alston Ave, Memphis, TN 38126

  RENOVATIONS NEEDED!! Unlock exceptional potential with this investor special, situated less than 5 minutes from the vibrant heart of Downtown Memphis! This 3-bedroom, 1-bathroom property, available vacant at closing, presents an ideal blank slate for your next lucrative rental venture. Imagine the possibilities within easy reach of top-tier restaurants, diverse entertainment options, the historic

  Clarenda Hurd Keller Williams

  268 E Alston Ave, Memphis, TN 38126
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  /25

  $210,000

  • 4 Beds
  • 2 Baths
  • 2,600+ Sq Ft

  246 Lucerne Place, Memphis, TN 38126

  Just under 5 minutes from the fast-growing Downtown Memphis—This extremely spacious 4 bed, 2 bath property offers a prime opportunity with some updates already completed, giving you a head start on renovations. Home boasts a separate living room, den, dining room, and sitting area. Whether you're new to investing or adding to your portfolio, this high-potential property deserves your attention

  Clarenda Hurd Keller Williams

  246 Lucerne Place, Memphis, TN 38126
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  /25

  $189,900

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

  362 Edith Ave, Memphis, TN 38126

  This fully renovated 4-bedroom, 2-bathroom home is a true gem in the up-and-coming Soulsville neighborhood. From brand new siding and fresh exterior paint to updated plumbing, electrical, and flooring, every detail has been thoughtfully upgraded. The remodeled kitchen features modern finishes while the luxury bathrooms offer high end tile and a walk in shower in the primary. With four new

  Tyler Bowman Weichert, REALTORS-BenchMark

  362 Edith Ave, Memphis, TN 38126
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  /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
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  /6

  $170,000

  • 1 Bed
  • 1 Bath
  • 600+ Sq Ft

  1783 Bismark St, Memphis, TN 38109

  Modern elegance meets affordable luxury in this architectural gem with soaring ceilings, glass stair railings, and designer finishes. The inimitable master suite features a wine & coffee bar and opens to a resort-style swim-out pool. Enjoy a gourmet kitchen with custom cabinetry, high-end appliances, and a bold statement island, while sunlit living spaces and rich textures create a warm,

  Ralph Harvey List With Freedom.Com, Inc.

  1783 Bismark St, Memphis, TN 38109
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  /17

  $300,000

  • 8 Beds
  • 2,700 Sq Ft

  760 Richmond Ave, Memphis, TN 38106

  Perfect for House-Hackers or Savvy Investors! This updated four-plex features 4 spacious 2 bed / 1 bath units, making it an ideal opportunity to live in one unit while renting out the others. Previosuly renovated inside and out! Featuring fresh exterior paint, updated flooring, modern fixtures, and more. Can potentially generate $4,720/month with full occupancy on section 8. Each unit is

  Jonathan Nunez Fast Track Realty, LLC

  760 Richmond Ave, Memphis, TN 38106
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  /13

  $122,400

  • 5 Beds
  • 2.5 Baths
  • 2,200+ Sq Ft

  449 Fernwood Ave, Memphis, TN 38106

  INVESTORY ONLY! Tenant occupied and professionally managed home. This could be a great addition to your investment portfolio. Currently rent for $1470/mo with a $1395 deposit on file. Lease ends 3/31/26. Large home. Many homes in this area are being rehabbed and sold for more money. Lease, ledger, and payment/repair history are available upon request. Do not approach or disturb tenant. No

  Tyler Tapley Crye-Leike, Inc., REALTORS

  449 Fernwood Ave, Memphis, TN 38106
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  /4

  $15,500

  • 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
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  /2

  $35,000

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

  749 E Trigg Ave, Memphis, TN 38106

  Investment Opportunity! Property being sold AS-IS. Add this house to your portfolio today!

  Zahra Sultan eXp Realty, LLC

  749 E Trigg Ave, Memphis, TN 38106
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  /11

  $75,000

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

  1659 Gaither St, Memphis, TN 38106

  Big house in popular investment area! Just had a nice rehab completed and a fresh tenant for $1025 on a yearly lease. Price increased to account for $13,500 rehab that wrapped up last month - new flooring, carpet, paint, various repairs to prep for the tenant. For the price, you can finally get a deal that makes sense in this market! Buyer to verify all facts. NO wholesaler offers or

  Randall Weatherall Memphis Metro Realty

  1659 Gaither St, Memphis, TN 38106
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  /7

  $45,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  525 E Dison Ave, Memphis, TN 38106

  Home is being sold AS-IS, seller will not do any repairs. Some repairs started but are not completed. Great investment opportunity. Cash offers only.

  Esther Guy BenchMark REALTORS, LLC

  525 E Dison Ave, Memphis, TN 38106
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  /6

  $125,000

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

  1663 Humber St, Memphis, TN 38106

  Tenant in place for instant cash flow—this turnkey investment offers prime access to highways, schools, and shopping, making it ideal for small families and high rental demand. Recent upgrades include a brand-new HVAC system with updated ductwork and thermostat, a refreshed kitchen with new countertops, sink, faucet, and shelving, and modernized bathrooms with updated fixtures and tile flooring.

  James Wachob Foundation Property Management

  1663 Humber St, Memphis, TN 38106
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  /13

  $269,900

  • 4 Beds
  • 2,106 Sq Ft

  123 Majuba Ave, Memphis, TN 38109

  Four 1-Bedroom, 1-Bathroom Units are an excellent investment opportunity! Each unit is move-in ready with central heating and air conditioning. Separate gas and water connections for each unit; Individual washer and dryer connections; Dedicated parking pads for all units; New roof, electrical, and plumbing; Newly installed windows for energy efficiency; Low maintenance! ALL of the units are

  Tonji Cromwell eXp Realty, LLC

  123 Majuba Ave, Memphis, TN 38109
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  /16

  $135,000

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

  478 E Davant Ave, Memphis, TN 38106

  This home has been renovated and ready for a new owner. It has three bedrooms and one and a half bathrooms. Located on a corner lot.

  Esther Guy BenchMark REALTORS, LLC

  478 E Davant Ave, Memphis, TN 38106
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  /4

  $119,900

  • 2 Beds
  • 1 Bath

  1772 Preston St, Memphis, TN 38106

  Investors Only. Tenant occupied property for sale! Don't disturb tenants! Rehabbed Home. Rent is $1200/mo. Could be a great addition to your rental portfolio if you are an investor. Seller selling multiple properties in addition to this property and some of the homes have Section 8 tenants (Government Subsidized) with guaranteed rents in place (please ask and verify prior to making offer)!

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1772 Preston St, Memphis, TN 38106
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  /6

  $149,000

  • 4 Beds
  • 1.5 Baths
  • 1,000+ Sq Ft

  260 W Davant Ave, Memphis, TN 38109

  Investors Only. Tenant occupied property for sale! Don't disturb tenants! Rehabbed Home. Rent is $1500/mo. Could be a great addition to your rental portfolio if you are an investor. Seller selling multiple properties in addition to this property and some of the homes have Section 8 tenants (Government Subsidized) with guaranteed rents in place (please ask and verify prior to making offer)!

  Tyler Tapley Crye-Leike, Inc., REALTORS

  260 W Davant Ave, Memphis, TN 38109
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  /11

  $329,000

  • 8 Beds
  • 2,500 Sq Ft

  285 Lucy Ave, Memphis, TN 38106

  Tenant Occupied! Do not disturb tenants! Offers Contingent Upon Inspections. Grab this Renovated Quadplex! 2bed/1bath with 2 occupied Section 8 tenants and 2 vacant units (CAN BE VIEWED). One unit is rented at $950 and the other one is $1050. This complex was renovated in 2023. Roof, Exterior & Interior painted, Updated Laminate Flooring, Renovated Kitchens & Baths, New Light Fixtures, Each Unit

  Monica Bynum Crye-Leike, Inc., REALTORS

  285 Lucy Ave, Memphis, TN 38106

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