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Studio to 3 Bedroom Homes for Sale in South Memphis

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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
  • /9

    $80,000

    • 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
  • /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
  • /21

    $270,000 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,750 Sq Ft

    1109 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

    1109 Walker Ave, Memphis, TN 38106
  • /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
  • /11

    $29,400

    • 3 Beds
    • 2 Baths
    • 1,280 Sq Ft

    1587 Florida St, Memphis, TN 38109

    Value add opportunity! Rehab was started but not completed — materials are still on-site and ready for the next investor to pick up where things left off. The home has solid bones and a flexible layout featuring around 6 rooms, offering plenty of creative exit strategies whether you plan to flip, rent, or BRRRR. Has great potential once finished. Seller owns many properties and is open to

    Elliot Cerezo The Home Partners Realty

    1587 Florida St, Memphis, TN 38109
  • /5

    $179,900 New Construction

    • 3 Beds
    • 2 Baths
    • 1,108 Sq Ft

    1249 Marksman St, Memphis, TN 38106

    Step inside and discover the perfect blend of style, comfort, and opportunity with this stunning new build by Premium Enterprise. Currently under construction, this home has a modern open concept design 3 bedrooms and 2 full baths. Qualified buyers can take advantage of 100% financing options, along with multiple down payment assistance programs that can be combined for an even smoother path to

    Kenya Harrison Infinity Group REALTORS, Inc.

    1249 Marksman St, Memphis, TN 38106
  • /23

    $97,500

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

    171 E Frank Ave, Memphis, TN 38109

    This 3BR / 1&1/2 bath home could also be used as a 4 Bedroom home. Roof is less than 3 years old, has Central A/H and new Water Heater installed. Hardwood floors in the living areas, LVP in the kitchen. Renovated in 2022. Has a nice, level back yard that's great for pets, kids playing, family gatherings or quiet times. Less than 10 minutes to downtown Memphis and 10 Minutes to the Memphis

    John Cornes Braden, Braden & Braden LLC

    171 E Frank Ave, Memphis, TN 38109
  • /3

    $45,000

    • 3 Beds
    • 2 Baths
    • 1,190 Sq Ft

    1599 Miller St, Memphis, TN 38106

    Investment Opportunity!! All investors, contractors, and house flippers this one is ready for your transformation. Hard work is done with demo complete leaving a clean slate to bring your design. Great Bones. Willing to negotiate.

    Jeremy Moore C21 Patterson & Assoc. Real Es

    1599 Miller St, Memphis, TN 38106
  • /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
  • /18

    $120,000

    • 3 Beds
    • 2 Baths
    • 1,800+ Sq Ft

    1839 S Orleans St, Memphis, TN 38106

    This property is currently tenant-occupied at $1,200 per month with no lease in place, and it can be delivered vacant or with the tenant in place at the buyer’s preference. Recent improvements include a new HVAC system 2023, a new hot water heater 2024 and an updated kitchen with new cabinets and countertops. The entire home has also been freshly painted inside and out, providing a clean and

    Arath Luevano Fast Track Realty, LLC

    1839 S Orleans 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
  • /11

    $106,500

    • 3 Beds
    • 2 Baths
    • 936 Sq Ft

    160 Silverage Ave, Memphis, TN 38109

    Step into this freshly renovated 3-bedroom, 2-bath home where every detail has been thoughtfully updated. Featuring brand-new cabinets, modern flooring, and a bright, inviting layout, this home is perfect for those looking for style and comfort. With renovated bathrooms and a fresh, neutral color palette throughout, all that’s left is to move in and make it yours. Investor Bonus: Tenants are

    Jonathan Nunez Fast Track Realty, LLC

    160 Silverage Ave, Memphis, TN 38109
  • /16

    $130,000

    • 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
  • /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
  • /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
  • /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
  • /9

    $108,000

    • 3 Beds
    • 1 Bath
    • 938 Sq Ft

    247 Modder Ave, Memphis, TN 38109

    GREAT INVESTMENT OPPORTUNITY! This 3 bedroom, 1 bathroom home is rented for $950/month and under professional management. Lease is good until 7/31/2026. Totally renovated in 2023 including new roof, new HVAC, new carpet, cabinets, window fixtures, and much more! Tenant ledger and maintenance report available upon request. Please do not disturb tenant.

    Jeremy Veldman KAIZEN Realty, LLC

    247 Modder 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
  • /2

    $95,000

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

    1238 Marksman St, Memphis, TN 38106

    Charming home conveniently located just 8 minutes from downtown Memphis and 7 minutes from the Medical District. Nestled near LeMoyne-Owen College, this property offers easy access to local restaurants, shopping, and entertainment. With private outside parking and a warm, welcoming atmosphere, it’s the perfect place to enjoy comfort and convenience in the heart of Memphis.

    Jalisa Calhoun eXp Realty

    1238 Marksman St, 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
  • /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
  • /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
  • /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
  • /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
  • /15

    $130,000

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

    1852 Swift St, Memphis, TN 38109

    Appraised at $148K, offered at only $130K! Tenant in place paying $1,250/mo. Strong rental return or move-in ready home with built-in equity.Updated 3 Bed, 2 Bath Home with Carport, 1540 Sq Ft. of living space. Whether you're a first-time homebuyer or a savvy investor, this charming 3-bedroom, 2-bath home is a must-see! This property is move-in ready with updates throughout, and the home recently

    Courtney Staples Keller Williams

    1852 Swift St, Memphis, TN 38109
  • /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
  • /2

    $75,000

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

    1026 Shawnee Cir, Memphis, TN 38106

    Stone exterior, 3 bedroom 2 bath home. Spacious living room and den. Large and spacious backyard. Occupied, please call listing agent for details. great investment opportunity.

    Quincy Harris Crye-Leike, Inc., REALTORS

    1026 Shawnee Cir, 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
  • /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
  • /15

    $44,900

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

    324 Outer Pkwy, Memphis, TN 38109

    Calling all investor buyers! HUGE PRICE DROP! This 3 bedroom home is currently available and is an excellent long term hold! Home has a nice layout & is on a corner lot! ONLINE VIDEO AVAILABLE UPON REQUEST! Many homes in this area are being rehabbed and sold for more money. Owner is also selling 177 Modder (can buy them individually or in bulk). Cash offers only. No wholesale or

    Tyler Tapley Crye-Leike, Inc., REALTORS

    324 Outer Pkwy, Memphis, TN 38109
  • /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

    $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
  • /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
  • /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

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