Studio to 4 Bedroom Homes for Sale in South Memphis

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  /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
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• 

  

  

  /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
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  /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
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  /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
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  /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
• 

  

  /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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  /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
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  /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
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  /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
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  /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
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  /4

  $275,000

  • 4 Beds
  • 2,713 Sq Ft

  1535 Gaither St Unit 1-4, Memphis, TN 38106

  Great investment opportunity! This 4-unit multi-family property is PRICED TO SELL and features 2 ea. 1 bedroom/1 bath downstairs and 2 ea. upstairs. 2 units are occupied so no showings without an appointment. 2 will need rehabbed. Property sold AS-IS. Parking area in the rear. Full rehab estimate is $320,000.

  James Johnson Crestcore Realty, LLC

  1535 Gaither St Unit 1-4, Memphis, TN 38106
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  /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
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  /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
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  /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
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  /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
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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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  /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
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  /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
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  /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
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  /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
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  /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
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  /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
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  /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
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  /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
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  /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
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  /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
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  /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
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  /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
• 

  /2

  $39,500

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

  115 E Dempster Ave, Memphis, TN 38109

  4-bedroom, 1-bath investment property priced at just $49,500. With an estimated $27,000 in repairs, this home is ideal for investors seeking a solid value-add project with strong cash flow potential. Key Highlights: Located in Memphis’ 38109 ZIP — a high-demand rental area minutes from Downtown, Surrounded by active investor activity and long-term community growth, Section 8 rental comps in the

  Jennifer Carstensen Real Estate Agency

  115 E Dempster Ave, Memphis, TN 38109
• 

  

  /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

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