South Memphis Homes for Sale

• 

  

  

  /9

  $61,500

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  337 W Waldorf Ave, Memphis, TN 38109

  SELLING AS-IS.

  Carlotta White 4 Success Realty, LLC

  337 W Waldorf Ave, Memphis, TN 38109
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• 

  

  

  /19

  $69,900

  • 4 Beds
  • 2 Baths
  • 2,200+ Sq Ft

  1546 Marjorie St, Memphis, TN 38106

  Spacious Income-Producing Property in South Memphis! Investor's dream! This 4-bedroom, 2-bath home offers over 2,000 sq. ft. of living space with a formal living room and dining room—ideal for comfortable living and entertaining. Currently tenant-occupied with a solid lease in place through May 2026 at $1,050/month, this property is a great addition to any rental portfolio. Conveniently located

  Cassandra Bell-Warren 4 Success Realty, LLC

  1546 Marjorie St, Memphis, TN 38106
• 

  

  

  /16

  $58,750

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  1827 S Orleans St, Memphis, TN 38106

  Lovely 2 bedroom 1 bathroom home with hardwood floors. This home could be converted to a 3 bedroom easily. Utilities are on! ONLINE VIDEO AVAILABLE UPON REQUEST. Nice location and floor plan. Could be a great long term rental or a wonderful primary residence. Home needs minor repairs but could be rehabbed pretty quickly. Several homes in this area are being rehabbed and sold for more money.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1827 S Orleans St, Memphis, TN 38106
• 

  

  /2

  $16,900

  • Land
  • 0.17 Acre
  • $99,412 per Acre

  0 Edith Ave, Memphis, TN 38106

  Great build site! Support new construction in this area. Buyer to verify all utilities and perform any and all due diligence prior to closing. Selling AS IS -WHERE IS

  Dawn Kinard Welch Realty, LLC

  0 Edith Ave, Memphis, TN 38106
• 

  

  

  /3

  $65,625

  • 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
• 

  

  /6

  $68,250

  • 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
• 

  

  /6

  $61,280

  • 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
• 

  

  /4

  $314,895

  • 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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  /9

  $25,000

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

  674 Edith Ave, Memphis, TN 38126

  AS IS SALE CASH AND CONVENTIONAL LOANS ONLY PLEASE VIEW THE PROPERTY PRIOR TO SENDING OVER ANY OFFERS *back on the market as of July 2nd*

  Veronique Horton Keller Williams

  674 Edith Ave, Memphis, TN 38126
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  /5

  $5,000

  • Land
  • 0.20 Acre
  • $25,000 per Acre

  335 Outer Pkwy, Memphis, TN 38109

  Residential corner lot.ready for building or investment property. Proof of funding required.

  Linda Catchings Crye-Leike, Inc., REALTORS

  335 Outer Pkwy, Memphis, TN 38109
• 

  

  /4

  $35,000

  • 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
• 

  

  /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
• 

  /2

  $7,000

  • Land
  • 0.20 Acre
  • $35,000 per Acre

  1497 Kansas St, Memphis, TN 38109

  Builders/Investors get your building plan underway! Vacant Lot! Perfect Lot for a Single Family or Duplex! Buyer to conduct all due diligence, selling AS-IS WHERE-IS. PLEASE contact listing agent for more information.

  Shuntae Brown The Home Partners Realty

  1497 Kansas St, Memphis, TN 38109
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  /8

  $7,450

  • Land
  • 0.16 Acre
  • $46,562 per Acre

  0 Sherwood Ave, Memphis, TN 38106

  This is a great lot to build a home on! It is conveniently located next door to a daycare center, with several churches in the area. A fire station is located less than half a mile away. This quiet, cozy lot is shady with a nice bit of sunlight shining its way! It could possibly be used as a picnic rental area, or possibly used as a rental for holiday events. Tucked away neatly near other

  Pariss Smith, BPS, REALTOR KAIZEN Realty, LLC

  0 Sherwood Ave, Memphis, TN 38106
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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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  /2

  $12,500

  • Land
  • 0.17 Acre
  • $73,529 per Acre

  670 E Alston Ave, Memphis, TN 38126

  Prime land opportunity! Discover the perfect spot for your next project! This spacious lot offers endless possibilities | whether you're looking to build your dream home, invest, or develop. Located in a desirable area with easy access to amenities, this is a rare opportunity you don't want to miss! Contact us today for details! Owner / Agent

  James Wachob Foundation Property Management

  670 E Alston Ave, Memphis, TN 38126
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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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  /4

  $649,900

  • Land
  • 1.41 Acres
  • $460,922 per Acre

  169 E Virginia Ave, Memphis, TN 38106

  Rare Downtown Development Opportunity! This 1.4-acre lot, located between B.B. King Blvd and E.E.H. Crump Blvd, is a blank canvas in the heart of downtown. Previously home to a warehouse, the site is now cleared and ready for your vision—whether it’s a multifamily project, shopping center, or mixed-use development. Large parcels like this are hard to come by. Don’t miss your chance to build

  Zahra Sultan eXp Realty, LLC

  169 E Virginia Ave, Memphis, TN 38106
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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
• 

  

  /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
• 

  

  /39

  $700,000

  • 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
• 

  

  /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
• 

  

  /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
• 

  

  /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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  /3

  $14,999

  • Land
  • 0.07 Acre
  • $214,271 per Acre

  811 Porter St, Memphis, TN 38126

  Prime building opportunity! 38126 lot, 3,310 sq ft, with convenient access to utilities.

  Virgil Pryor Harris Realty Services

  811 Porter St, Memphis, TN 38126
• 

  

  /13

  $115,000

  • 6 Beds
  • 1,330 Sq Ft

  228 Kirk Ave, Memphis, TN 38109

  Beautifully updated duplex offering 4 bedrooms and 2 bathrooms across a total of 1,325 sqft. Located just a short 3-minute drive from McKellar Lake, this property combines convenience with charm. Each side has been thoughtfully renovated with brand new vinyl flooring, modern tile work, and fully updated bathrooms. Fresh paint inside and out enhances its curb appeal, while new windows provide

  Kevin Gioia Beycome Brokerage Realty LLC

  228 Kirk Ave, Memphis, TN 38109
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  /25

  $199,900

  • 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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  /6

  $188,000

  • 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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  /4

  $8,000

  • Land
  • 0.13 Acre
  • $61,538 per Acre

  661 Eads Ave, Memphis, TN 38106

  Investor-friendly opportunity in the heart of Memphis! 661 Eads Ave is a great property for renovation or redevelopment. Located in an established neighborhood with easy access to downtown, major highways, and local amenities. Whether you're looking to flip, rent, or build, this lot is full of potential. Act fast—opportunities like this don’t last long!

  Shanice Williams KAIZEN Realty, LLC

  661 Eads Ave, Memphis, TN 38106
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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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  /7

  $5,500

  • Land
  • 0.26 Acre
  • $21,154 per Acre

  1480 Marjorie St, Memphis, TN 38106

  HUGE LOT! Grab this oversized .26 acre beautiful sweeping lot while you can! Don’t wait, this area is up and coming and many developments happening! Prime land ready for building. Vacant lot can be viewed anytime. City water, sewer, gas and electric available. Cleared and ready to build on!

  Brad Beall Crye-Leike, Inc., REALTORS

  1480 Marjorie St, 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
• 

  

  /4

  $17,500

  • 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
• 

  /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
• 

  

  /5

  $165,000

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

  281 Bond Ave, Memphis, TN 38106

  INVESTORS, this one is for you. Cash flowing rental property with guaranteed income! Monthly rent of $1,441 is 100% covered by Section 8. Lease ends on 9/30/2025. Minimal maintenance brick home under 20 years old, with a responsible tenant happily in place. Let this be the next step in your investing journey. DO NOT DISTURB TENANTS. No showings without an accepted offer.

  Joseph Johnson BEST Real Estate Company

  281 Bond Ave, Memphis, TN 38106
• 

  

  /11

  $65,000

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

  1659 Gaither St, Memphis, TN 38106

  Big house in popular investment area! It's nearly rent-ready now, so you can absolutely come in and do a few more finishing touches to satisfy Section 8 requirements for insane cashflow! Market rent in this neighborhood for this type of house is $1100 or so, and Sec. 8 can reach up to about $1400 - for the price, you can finally get a deal that makes sense in this market! Buyer to verify all

  Randall Weatherall Memphis Metro Realty

  1659 Gaither St, Memphis, TN 38106
• 

  

  /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
• 

  

  /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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