178

South Memphis Homes for Sale

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  • /14

    $204,900

    • 8 Beds
    • 2,480 Sq Ft

    1431 Latham St, Memphis, TN 38106

    Property being sold as is - where is. Great investment opportunity on this all brick 4 unit apartment building. All units are 2 bedroom 1 bath units. Some units have wood floors, vinyl floors or concrete floors. All units have the same floor plan. Building offers parking in the rear!

    Matt Wood Chamberwood Realty Group

    1431 Latham St, Memphis, TN 38106
  • /14

    $120,000

    • 3 Beds
    • 2 Baths
    • 1,470 Sq Ft

    825 Roanoke Ave, Memphis, TN 38106

    Renting MHA $1200- Beautiful fully remodeled 3/2 with warranty. House features 2 original fireplaces with original Victorian tile. Original refinished hardwood Oak floors, new kitchen, and baths. New roof, railings, hot water heater, furnace, and condenser. No wholesalers or owner finance offers- Do not disturb tenants- inspection with accepted offer only.

    Brett Bernard The Stamps Real Estate Company

    825 Roanoke Ave, 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
  • /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

    $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
  • /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
  • /12

    $39,000

    • 3 Beds
    • 1 Bath
    • 863 Sq Ft

    100 Silverage Ave, Memphis, TN 38109

    This could be a great investment property for someone looking to secure a home or trying to build a rental portfolio. This property has 3 bedrooms and 1 bathroom. This property is not real bad shape. Just need some TLC. is being SOLD AS-IS.

    Francyetta Seward C21 Patterson & Assoc. Real Es

    100 Silverage Ave, Memphis, TN 38109
  • /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
  • /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
  • /6

    $50,000

    • Land
    • 0.4 Acre
    • $125,000 per Acre

    583 E E H Crump Blvd, Memphis, TN 38126

    COMMERCIAL OPPORTUNITY! Vacant parcel available on major/busy street. Excellent visibility and multiple uses (Zoning Code: CMU-1-Commercial Mixed Use-1). Could be great for parking or storage and amazing price. Large amount of commercial businesses and users along this stretch. Lot of activity/ motorists drive by this property daily. Cash offers only! Buyer will need to confirm all zoning and

    Tyler Tapley Crye-Leike, Inc., REALTORS

    583 E E H Crump Blvd, Memphis, TN 38126
  • /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
  • /2

    $120,000

    • 3 Beds
    • 1 Bath
    • 1,423 Sq Ft

    125 E Mckellar 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

    125 E Mckellar Ave, Memphis, TN 38109
  • /2

    $115,000

    • 3 Beds
    • 1 Bath
    • 1,333 Sq Ft

    132 Majuba 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

    132 Majuba Ave, Memphis, TN 38109
  • /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
  • /20

    $125,000

    • 4 Beds
    • 2 Baths
    • 1,451 Sq Ft

    423 Laclede Ave, Memphis, TN 38126

    Great Investment Opportunity! This 4 bedroom, 2 bathroom home offers solid potential for a rental portfolio or a profitable flip. Featuring a functional layout with a comfortable living area and well-sized bedrooms. This property is ready for your personal touches. Whether you’re looking to renovate or hold as a long-term rental, the possibilities are endless. Conveniently located near local

    Jeff Goff Keller Williams

    423 Laclede Ave, Memphis, TN 38126
  • /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
  • /2

    $43,800

    • Land
    • 1.02 Acres
    • $42,941 per Acre

    0 Lakeview Rd, Memphis, TN 38116

    Great 1 acre LOT to build your dream home.

    Corey Mayhorn BEST Real Estate Company

    0 Lakeview Rd, Memphis, TN 38116
  • /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

    $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
  • /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
  • /2

    $89,500

    • 3 Beds
    • 2 Baths
    • 1,289 Sq Ft

    862 S Lauderdale St, Memphis, TN 38126

    This investment property is seeking to be the newest addition to a lucky investors portfolio! currently rented at $1200 a month with no renovation needed. Home was completely updated from a 2 year old roof, new plumbing, and updated kitchen. What are you waiting for? No wholesale or assignment offers

    James Hooker Tiger Realty

    862 S Lauderdale St, Memphis, TN 38126
  • /16

    $215,000

    • 8 Beds
    • 2,704 Sq Ft

    1627 Barton St, Memphis, TN 38106

    INVESTORS ONLY! Fully Vacant Quadplex for sale. Being offered at a great price with low maintenance exterior. Property has undergone significant repairs. ONLINE VIDEO AVAILABLE UPON REQUEST. Each unit is 2 bedrooms and 1 bathroom (target rent is $700-$1000 per unit). It appears each unit has its own electric, gas, and water meters and tenants pay all utilities (PLEASE CONFIRM) This could generate

    Tyler Tapley Crye-Leike, Inc., REALTORS

    1627 Barton St, Memphis, TN 38106
  • /20

    $135,000

    • 3 Beds
    • 2 Baths
    • 1,683 Sq Ft

    1196 Willie Mitchell Blvd, Memphis, TN 38106

    This home is a great opportunity for a short term rental located close to the Stax Museum. Home features 3 bedrooms, 2 bathrooms and includes the lot next to it. The open floor plan connects the living areas, while natural light creates a warm atmosphere. The renovated kitchen features modern lighting and updated appliances. House was previously a 4 bedroom and can easily be converted back.

    Cristian Amparan The Home Partners Realty

    1196 Willie Mitchell Blvd, Memphis, TN 38106
  • /2

    $6,475

    • Land
    • 0.12 Acre
    • $53,958 per Acre

    1615 Barton St, Memphis, TN 38106

    Looking to add to your portfolio? This parcel is Perfectly priced to be snatched up by the savvy buyer. Don't let this plot pass you by!

    Nikki Rainey Epique Realty

    1615 Barton St, Memphis, TN 38106
  • /2

    $8,475

    • Land
    • 0.15 Acre
    • $56,500 per Acre

    1621 Barton St, Memphis, TN 38106

    Looking to add to your portfolio? This parcel is Perfectly priced to be snatched up by the savvy buyer. Don't let this plot pass you by!

    Nikki Rainey Epique Realty

    1621 Barton St, Memphis, TN 38106
  • /11

    $25,000

    • 5 Beds
    • 2.5 Baths
    • 2,694 Sq Ft

    1065 S 4th St, Memphis, TN 38126

    Large home being offered at a significant discount. This home has 5 bedrooms and could be worth a lot of money once fixed up. Home is located on a quiet street. Handyman special! Lot of money for the price (excellent price per square foot). Possible Fix and Flip Opportunity. Cash offers only. No neighbor on one side. Please do inspections up front. Seller is also selling 2389 Park (Commercial),

    Tyler Tapley Crye-Leike, Inc., REALTORS

    1065 S 4th St, Memphis, TN 38126
  • /2

    $275,000

    • 5 Beds
    • 3,200 Sq Ft

    1199 Latham St, Memphis, TN 38106

    Fully renovated income producing property. There are 4 units that are all currently occupied. The 2BR/1BA is $785/month. The other 1BR/1BA units are $750/month. All units have been updated with new floors, fresh paint, new appliances, updated electrical and updated sewer to the street. New roof on the building. No showings without accepted offer. Write an offer contingent on viewing/inspections.

    Maddie Jackson Real Estate Agency

    1199 Latham St, Memphis, TN 38106
  • /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
  • /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
  • /7

    $24,500

    • Land
    • 0.72 Acre
    • $34,028 per Acre

    280 Bullington Ave, Memphis, TN 38106

    Opportunity is here! 7 lots available on 1 parcel. If you're looking to develop & build in this area then look no further. Lots 6, 7, 8, 9, 10, 11, 12 and the East 5 feet of Lot 13. Location is near Stax Museum. Don't let this chance pass you by~

    Angela Cage Harris & Harris Realty Group

    280 Bullington Ave, Memphis, TN 38106
  • /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
  • /13

    $30,000

    • 4 Beds
    • 3 Baths
    • 1,942 Sq Ft

    1373 Mcmillan St, Memphis, TN 38106

    Matt Mitchell Reid, REALTORS

    1373 Mcmillan St, Memphis, TN 38106
  • /36

    $139,500

    • 4 Beds
    • 2.5 Baths
    • 1,746 Sq Ft

    306 S Parkway E, Memphis, TN 38106

    Check out this move-in ready and completely renovated, impressive 4-bedroom, 2.5-bath home offering over 1,700 square feet of beautifully updated living space and the peace of mind buyers are looking for. The home features brand-new major systems throughout, including electrical, plumbing, roof, flooring, air conditioner, water heater, and more! The open-concept layout creates a bright, welcoming

    Andres Garcia Fast Track Realty, LLC

    306 S Parkway E, Memphis, TN 38106
  • /32

    $185,000

    • 3 Beds
    • 2.5 Baths
    • 1,873 Sq Ft

    866 Williams Ave E, Memphis, TN 38126

    Welcome home! This spacious, move-in ready 3BR, 2.5BA home is in excellent condition and full of updates. Step inside to a bright 2-story foyer that leads into a comfortable great room—perfect for relaxing after a long day. The eat-in kitchen features ample counter space, pantry, and stainless steel appliances including range, oven, microwave, dishwasher, and refrigerator. Enjoy your morning

    Melissa Blume Thompson eXp Realty

    866 Williams Ave E, Memphis, TN 38126
  • /2

    $4,700

    • Land
    • 0.18 Acre
    • $26,111 per Acre

    1607 S Lauderdale St, Memphis, TN 38106

    Cleared vacant land for sale, ready for development with level terrain and convenient street access. Owner financing options available. All offers welcome.

    Virgil Pryor Harris Realty Services

    1607 S Lauderdale 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
  • /9

    $149,000

    • 4 Beds
    • 1,512 Sq Ft

    279 W Person Ave, Memphis, TN 38109

    Triplex + Two Extra Lots! Excellent income-producing property located in the heart of Memphis. This opportunity includes the main triplex plus two adjacent lots, offering additional value and long-term potential for development or expansion. Two units are currently rented for a combined $1,490 per month, and the third unit is being marketed for $695, bringing total potential gross rents to $2,185

    Agent Photo

    Walter Jones

    BEST Real Estate Company

    (901) 883-6567

    279 W Person 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

    $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
  • /20

    $107,500

    • 3 Beds
    • 1.5 Baths
    • 1,586 Sq Ft

    732 E Davant Ave, Memphis, TN 38106

    This spacious layout features 3 oversized bedrooms, a separate den used an oversized bedroom, formal dining, and a cozy living room with fireplace. Hardwood floors and an open kitchen offer charm with upside. New paint and new flooring throughout.

    Sabaria Dean Fast Track Realty, LLC

    732 E Davant Ave, Memphis, TN 38106

Showing Results 1 - 40, Page 1 of 5

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.
Is South Memphis, TN a safe neighborhood?
South Memphis, TN is less safe than the average neighborhood in the United States. It received a crime score of 10 out of 10.
How much do you need to make to afford a house in South Memphis?
The median home price in South Memphis is $85,000. If you put a 20% down payment of $17,000 and had a 30-year fixed mortgage with an interest rate of 6.21%, your estimated principal and interest payment would be $420 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $18K 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:
What are the best private schools in South Memphis?
The best private schools that serve South Memphis are:
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 1% in the last 12 months.

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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