Memphis TN Real Estate & Homes for Sale

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Beds:
2
Baths:
1.00
Sq.Ft.:
1,199
Status:
Active
MLS#:
10199845
Type:
Single Family-Detached
Subdivision:
ORCHARD CREST
Lot size:
0.25 Acres
Year built:
1950
A broker reciprocity listing Courtesy: Keller Williams Caleb Hall
View additional info

ADDITIONAL INFORMATION

Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $800/mo. Professionally managed. Lease expires on 7/31/2026

Beds:
2
Baths:
1.00
Sq.Ft.:
999
Status:
Active
MLS#:
10199844
Type:
Single Family-Detached
Subdivision:
ORCHARD CREST
Lot size:
0.23 Acres
Year built:
1950
A broker reciprocity listing Courtesy: Keller Williams Caleb Hall
View additional info

ADDITIONAL INFORMATION

Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $750/mo. Professionally managed. Lease expires on 7/30/25.

Beds:
4
Baths:
1.00
Sq.Ft.:
1,399
Status:
Active
MLS#:
10199843
Type:
Single Family-Detached
Subdivision:
ORCHARD CREST
Lot size:
0.24 Acres
Year built:
1950
A broker reciprocity listing Courtesy: Keller Williams Caleb Hall
View additional info

ADDITIONAL INFORMATION

Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $1,176.00/mo. Professionally managed. Lease expires on 8/30/2025.

Beds:
3
Baths:
1.00
Sq.Ft.:
999
Status:
Active
MLS#:
10199852
Type:
Single Family-Detached
Subdivision:
PATRICIA HEIGHTS SEC B BLK 16
Lot size:
0.32 Acres
Year built:
1952
A broker reciprocity listing Courtesy: Keller Williams Caleb Hall
View additional info

ADDITIONAL INFORMATION

Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $725/mo. Professionally managed. Lease expires on 8/30/25

Beds:
3
Baths:
1.00
Sq.Ft.:
1,199
Status:
Active
MLS#:
10199600
Type:
Single Family-Detached
Subdivision:
ALTA VISTA 2ND ADDN
Lot size:
0.34 Acres
Year built:
1957
A broker reciprocity listing Courtesy: Keller Williams Ellecia Hayes
View additional info

ADDITIONAL INFORMATION

Check out this excellent cashflow opportunity in Frayser! Total reno completed in 2019 including detached garage roof, HVAC and updated circuit breaker. Hardwood throughout. Tenant in place at $900/month and would like to stay. Property in good condition! PLEASE DO NOT DISTURB OR APPROACH! NO SHOWINGS PRIOR TO ACCEPTED OFFER! Selling as-is! EMD/Seller to close with Bradsher Alpert Stuart, PLLC. Send POF & asso docs with all offers.

Beds:
4
Baths:
2.10
Sq.Ft.:
1,599
Status:
Active
MLS#:
10199542
Type:
Single Family-Detached
Subdivision:
PLEASANT VALLEY
Lot size:
0.23 Acres
Year built:
1959
A broker reciprocity listing Courtesy: KAIZEN Realty, LLC Fredrick Sengstacke
View additional info

ADDITIONAL INFORMATION

Beds:
3
Baths:
1.00
Sq.Ft.:
1,199
Status:
Active
MLS#:
10199503
Type:
Single Family-Detached
Subdivision:
OAK GROVE PARK RE S/D OF PT GRAHAM HE
Lot size:
0.21 Acres
Year built:
1951
A broker reciprocity listing Courtesy: CrestCore Realty MphsBrokerage Dean Harris
View additional info

ADDITIONAL INFORMATION

Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $1,150/month. The lease ends on 10/31/2025. Completely renovated last August 2024. New energy efficient windows throughout, new AC, new appliances, new flooring, new bathroom, refurbished and newly painted kitchen and new stainless steel appliances. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

Beds:
5
Baths:
2.00
Sq.Ft.:
1,999
Status:
Active
MLS#:
10199415
Type:
Single Family-Detached
Subdivision:
HIGHLAND GARDENS
Lot size:
0.58 Acres
Year built:
1945
A broker reciprocity listing Courtesy: BEST Real Estate Company Tomo Oblak
View additional info

ADDITIONAL INFORMATION

This is an As-Is Single Family House spanning over 1,925 SqFt and with 5 bedrooms and two bathrooms, this is a great Fix and Flip, BRRRR or Homeowner fixup opportunity. Property was previously reframed inside, has no sheetrock, flooring or appliances in the structure at the moment. This is an owner agent listing, feel free to contact BrokerBay for showings. Property is located on a large 0.59 lot and can be sold as a package with adjacent four lots (0, 2237, 2251 and 2271 Clifton Ave) with combined size big enough for a development. Very low taxes. Close to elementary and high schools, private and quick access to the major roads and highway. Serious on-market offers only.

Beds:
3
Baths:
1.00
Sq.Ft.:
1,199
Status:
Active
MLS#:
10199286
Type:
Single Family-Detached
Subdivision:
RIDGEGROVE B
Lot size:
0.12 Acres
Year built:
1960
A broker reciprocity listing Courtesy: KAIZEN Realty, LLC Jeremy Veldman
View additional info

ADDITIONAL INFORMATION

Investment Property better than the 1% Rule! Well-maintained 3-bedroom, 1-bathroom home currently leased to a reliable long-term tenant at $895/month, with a renewed lease in place through May 2026. The property underwent a full renovation in 2022, and a new water heater was installed in 2024. Professionally managed, with maintenance records and tenant ledger available upon request. Please do not disturb the tenant. No wholesale, seller, or creative financing offers.

Beds:
2
Baths:
1.00
Sq.Ft.:
999
Status:
Active
MLS#:
10199133
Type:
Single Family-Detached
Subdivision:
POINT DE VUE
Lot size:
0.23 Acres
Year built:
1951
A broker reciprocity listing Courtesy: KAIZEN Realty, LLC Timothy Stewart
View additional info

ADDITIONAL INFORMATION

Excellent opportunity for first time home buyer or investors looking to add to their portfolio of rental. This property offers immediate cash flow potential and a long-term value. This is a very nice 2 bed, 1 bath house, it is completely fenced. The roof is 4 years old. It has central heat and air (the air side is not cooling) not sure why. All this house needs is a little TLC !!!!!

Beds:
4
Baths:
1.00
Sq.Ft.:
1,599
Status:
Active
MLS#:
10198683
Type:
Single Family-Detached
Subdivision:
SHIRLEY PARK FIRST ADDITION
Lot size:
0.42 Acres
Year built:
1948
A broker reciprocity listing Courtesy: Keller Williams Realis Sanders
View additional info

ADDITIONAL INFORMATION

Investment opportunity! 4 bedroom 1 bath brick veneer property. Home has had updated HVAC system, flooring, and interior painting. Inspection and showing scheduled upon offer negotiations. Please do not disturb the tenant. Great add to your real estate portfolio!

Beds:
3
Baths:
1.00
Sq.Ft.:
1,199
Status:
Active
MLS#:
10198419
Type:
Single Family-Detached
Subdivision:
FRAYSER VIEW S/D OF LOTS 24 & 25
Lot size:
0.22 Acres
Year built:
1956
A broker reciprocity listing Courtesy: KAIZEN Realty, LLC Alissa Anderson
View additional info

ADDITIONAL INFORMATION

RENTED for $1350 per month! Tenant pays all utilities! Great for cash flow Turn Key Rental Investment Property Owner provides 1 year warranty that covers everything. Something other turn key properties aren't offering. Home has been tastefully and completely remodeled. Will provide great returns for years to come. Add this to your portfolio today!

Beds:
3
Baths:
1.00
Sq.Ft.:
1,399
Status:
Active
MLS#:
10198012
Type:
Single Family-Detached
Subdivision:
MINOR TERRACE
Lot size:
0.32 Acres
Year built:
1960
A broker reciprocity listing Courtesy: CrestCore Realty MphsBrokerage Dean Harris
View additional info

ADDITIONAL INFORMATION

Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No blind offers and no wholesaler or assignment of contract offers will be accepted.

Beds:
3
Baths:
1.00
Sq.Ft.:
999
Status:
Active
MLS#:
10197321
Type:
Single Family-Detached
Subdivision:
FRAYSER HILLS
Lot size:
0.23 Acres
Year built:
1957
A broker reciprocity listing Courtesy: Memphis Metro Realty Randall Weatherall
View additional info

ADDITIONAL INFORMATION

Tons of capex spending done in the last two years - new HVAC, new water heater, new roof, new bathtub plumbing, and a crawlspace vapor barrier! This house is ready to perform in your portfolio for years and years to come. Currently rented for $1000/month to a multi-year tenant, it's primed to start cashflowing for you day one, as well. No showings until accepted contract; buyer to verify all facts. No seller-financing/"creative" offers.

Beds:
3
Baths:
1.00
Sq.Ft.:
1,599
Status:
Active
MLS#:
10197208
Type:
Single Family-Detached
Subdivision:
RANGE HILLS RE S/D OF PT LOTS 2-3 & 4
Lot size:
0.2 Acres
Year built:
1961
A broker reciprocity listing Courtesy: CrestCore Realty MphsBrokerage Dean Harris
View additional info

ADDITIONAL INFORMATION

Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $1,250/month. Currently on month to month. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

Beds:
3
Baths:
1.00
Sq.Ft.:
999
Status:
Active
MLS#:
10196674
Type:
Single Family-Detached
Subdivision:
BRECKENWOOD
Lot size:
0.21 Acres
Year built:
1972
A broker reciprocity listing Courtesy: Foundation Property Management James Wachob
View additional info

ADDITIONAL INFORMATION

ATTENTION INVESTORS! This Turnkey property has been fully renovated and is leased for $1050 through 9/28/2026. PROFESSIONAL PROPERTY MANAGEMENT IN PLACE. DO NOT APPROACH OR DISTURB THE TENANTS, NO SHOWINGS OF TENANT-OCCUPIED PROPERTIES WITHOUT AN ACCEPTED OFFER. Owner/Agent

Beds:
3
Baths:
1.00
Sq.Ft.:
999
Status:
Active
MLS#:
10196692
Type:
Single Family-Detached
Subdivision:
FRAYSER HILLS
Lot size:
0.26 Acres
Year built:
1954
A broker reciprocity listing Courtesy: Foundation Property Management James Wachob
View additional info

ADDITIONAL INFORMATION

Fully renovated and tenanted. This home offers INSTANT CASHFLOW, strong curb appeal & freshly painted inside and out, updated landscaping, Inside features all-new flooring, upgraded kitchen and bathroom, brand-new HVAC, NEW water heater. This property is perfect for investors seeking reliable, long-term income. Professional Property Management, in place. TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Currently leased at $1050/month thru 4/2/2027 PROFESSIONAL PROPERTY MANAGEMENT IN PLACE.

Beds:
3
Baths:
2.00
Sq.Ft.:
1,199
Status:
Active
MLS#:
10196698
Type:
Single Family-Detached
Subdivision:
NORTHWOOD VILLAGE
Lot size:
0.23 Acres
Year built:
1956
A broker reciprocity listing Courtesy: Foundation Property Management James Wachob
View additional info

ADDITIONAL INFORMATION

Turnkey Investment with Instant Cash Flow! Fully renovated and leased with a seasoned tenant in place, this property is professionally managed by a trusted local investment firm. Inside, youâ??ll find bright, spacious living with hard-surface flooring, an upgraded kitchen, and modernized bathrooms. Professional property management in place. The property is currently leased at $1,195/month through 9/3/27. Do not approach or disturb tenants. No showings without an accepted offer. Owner/Agent.

Beds:
3
Baths:
1.00
Sq.Ft.:
999
Status:
Active
MLS#:
10196550
Type:
Single Family-Detached
Subdivision:
RIDGEGROVE SEC G
Lot size:
0.14 Acres
Year built:
1961
A broker reciprocity listing Courtesy: Foundation Property Management James Wachob
View additional info

ADDITIONAL INFORMATION

Welcome to 4503 Beacon Hill Drive! This tenant-occupied 3-bedroom, 1-bath home features hard surface flooring throughout, a spacious living area, and a modern kitchen with large shaker cabinets. All bedrooms are on one level, with a separate dining area and central heat and air for year-round comfort. Enjoy a large fenced backyard and a driveway pad for off-street parking. Perfect for a first time homeowner or a great additional to your rental portfolio. Don't miss this one!! TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Currently leased at $875/month through May 19, 2026. Great investment opportunity with steady cash flow.

Beds:
2
Baths:
1.00
Sq.Ft.:
799
Status:
Active
MLS#:
10196250
Type:
Single Family-Detached
Subdivision:
RUGBY 2ND ADD
Lot size:
0.2 Acres
Year built:
1951
A broker reciprocity listing Courtesy: CrestCore Realty MphsBrokerage Dean Harris
View additional info

ADDITIONAL INFORMATION

Fantastic investment opportunity in the Shelby area. This 2br/1 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $800/month. The lease ends on 03/31/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

Beds:
3
Baths:
2.00
Sq.Ft.:
1,399
Status:
Active
MLS#:
10196248
Type:
Single Family-Detached
Subdivision:
GEORGIAN HILLS BLK H
Lot size:
0.33 Acres
Year built:
1958
A broker reciprocity listing Courtesy: CrestCore Realty MphsBrokerage Dean Harris
View additional info

ADDITIONAL INFORMATION

Fantastic investment opportunity in the Shelby area. This 3br/2 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $1,100/month. The lease ends on 01/30/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

Beds:
3
Baths:
1.00
Sq.Ft.:
999
Status:
Active
MLS#:
10195261
Type:
Single Family-Detached
Subdivision:
RIDGEGROVE B
Lot size:
0.12 Acres
Year built:
1960
A broker reciprocity listing Courtesy: Grand Point Realty, LLC Mae Moore
View additional info

ADDITIONAL INFORMATION

3 beds/ 1 bath perfect for investor...home does need rehabbing..As-is-where-is...seller will accept back-up offers.

Beds:
2
Baths:
1.00
Sq.Ft.:
999
Status:
Active
MLS#:
10195250
Type:
Single Family-Detached
Subdivision:
RUGBY FIFTH ADDITION
Lot size:
0.14 Acres
Year built:
1948
A broker reciprocity listing Courtesy: KAIZEN Realty, LLC Joseph Doughton
View additional info

ADDITIONAL INFORMATION

NEW PRICE !! Totally Renovated Home in move in condition. New Roof, New Hardwood Floors, New Paint Inside and Outside and New Hot Water Heater. Owner to Install 3 New A/C Units. Kitchen has been updated!

Beds:
3
Baths:
1.10
Sq.Ft.:
1,599
Status:
Active
MLS#:
10194959
Type:
Single Family-Detached
Subdivision:
VISTA GRANDE
Lot size:
0.32 Acres
Year built:
1957
A broker reciprocity listing Courtesy: Real Broker Karen Miller
View additional info

ADDITIONAL INFORMATION

This 3BR/1.1BA home is the perfect property to add to your investment portfolio or to make your own home. Tenant has lived in this home for 8 years and is completely up to date on all payments. Currently rents for $975/month. PLEASE DO NOT DISTURB TENANT! All showings/inspections will be coordinated after offer acceptance. Please call with any questions!

Beds:
6
Baths:
3.00
Sq.Ft.:
3,599
Status:
Active
MLS#:
10194670
Type:
Single Family-Detached
Subdivision:
ARDMORE FARMS
Lot size:
4.48 Acres
Year built:
1960
A broker reciprocity listing Courtesy: BHHS McLemore & Co., Realty Amanda Lott
View additional info

ADDITIONAL INFORMATION

Unique opportunity to own 4.48 treed, rolling acres with 2 homes that could definitely be income producing. One house is 2 bed 1 bath approx. 1200 sq feet, built in the 1930's has never been empty. Other house can not been seen from the street is nearly 3500 sq ft all on one level and was built in the 60's. It offers 4 bedrooms and 2 baths. The property would also make a great subdivision. Build houses for the ppl working at Amazon and Nike, minutes down the road. Value is in the land even though the homes could be rented with cosmetic updates. Large barn behind larger of the 2 homes.

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201–225 of 260 properties displayed
Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


All information provided is deemed reliable but is not guaranteed and should be independently verified. Such information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site is courtesy of the Memphis Area Association of Realtors Internet Data Exchange Program. Copyright 2025 Memphis Area Association of REALTORS. All rights reserved.



Memphis 38127 Real Estate

Memphis is located in Tennessee. Memphis, Tennessee 38127has a population of 634,139. Memphis 38127 is less family-centric than the surrounding county with 19.26% of the households containing married families with children. The county average for households married with children is 25.11%.

The median household income in Memphis, Tennessee 38127 is $43,981. The median household income for the surrounding county is $55,015 compared to the national median of $69,021. The median age of people living in Memphis 38127 is 34.2 years.

Memphis Weather

The average high temperature in July is 90.9 degrees, with an average low temperature in January of 30.3 degrees. The average rainfall is approximately 54.1 inches per year, with 3 inches of snow per year.

Memphis Map

Memphis Real Estate Market Conditions

  • Median sales price

    $105,000
    15.5%
    change since last quarter
  • # Active listings

    308
    30-day change

Memphis Schools and Demographics

Education near Memphis, TN

City County
High School Graduates 86.61 89.28
College Degree - 2 year 5.63 6.34
College Degree - 4 year 27.09 33.31
Graduate Degree 7.31 9.69
Expenditures per Student 12,225 12,225
Students per Teacher 15.8 15.8

Elementary Schools near Memphis, TN

Grades Students P/T Ratio ZIP
Brookmeade Elementary PK - 05 316 16 38127
Corning Achievement Elementary PK - 05 312 18.4 38127
Denver Elementary PK - 05 596 19.9 38127
Frayser Achievement Elementary PK - 05 336 19.8 38127
Georgian Hills Achievement Elementary School PK - 05 358 21.1 38127
Hawkins Mill Elementary PK - 05 346 18.2 38127
Lucie E. Campbell Elementary PK - 05 369 16.8 38127
Northaven Elementary School PK - 08 351 9.8 38127
Westside Elementary PK - 05 319 15.9 38127
Whitney Achievement Elementary School PK - 05 446 22.5 38127

Middle Schools near Memphis, TN

Grades Students P/T Ratio ZIP
Georgian Hills Middle School 06 - 08 310 18.8 38127
Grandview Heights Middle 06 - 08 703 32.7 38127
Westside Achievement Middle School 06 - 08 369 19.4 38127
Westside Middle 07 - 08 0 38127

High Schools near Memphis, TN

Grades Students P/T Ratio ZIP
Martin Luther King Preparatory High School 09 - 12 602 38127
Memphis Business Academy High School 09 - 12 383 20.2 38127
Pathways in Education - TN 07 - 12 221 22.1 38127
Trezevant High School 09 - 12 578 30.4 38127

Ungraded Schools near Memphis, TN

Grades Students P/T Ratio ZIP
* Trezevant Career and Technical School 09 - 12 0 0 38127

Demographics near Memphis, TN 38127

Zip Code City
Neighborhood Type Suburban
Population 634,139 929,178
Population Density 1,998 1,217
Median Age 34.2 35.7
People per Household 2.5 2.6
Median Household Income 43,981 55,015
Average Income per Capita 28,258 33,287

Real estate near Memphis