Investment homes for sale in Memphis.
Memphis, Tennessee, is a thriving city with a growing economy and a strong job market. This makes it a great place to invest in real estate, especially with the many attractive investment properties currently for sale.
For Sale $185,000 - Brand New Build 4 Bed, 2 Bath Home in Memphis - Ready Soon!
1531 Hamilton St, Memphis, TN 38114
- 4 Bedrooms
- 2 Bathrooms
- 1385 sqft
- New Build
- Unoccupied
- Available Mid-March 2025
- MHA Monthly Rent: $1850-1950
House Description: Step into the future with this stunning 4-bedroom, 2-bath gem at 1531 Hamilton St, Memphis! Offering a spacious 1,385 sqft of modern luxury, this freshly built home will be available by mid-March 2025 and is waiting for the perfect residents to bring it to life. From its open-concept layout to quality finishes, every inch of this home is designed for comfort and style. With projected rents between $1,850 and $1,950, it’s not just a beautiful place to live but also a smart investment. Secure a spot in Memphis’s blossoming real estate scene with this gorgeous property!
Stylish 4 Bed, 2 Bath New Build at 1527 Hamilton St, Memphis, TN 38114 - For Sale $185,000
1527 Hamilton St, Memphis, TN 38114
- 4 Bedrooms
- 2 Bathrooms
- 1385 sqft
- New Build
- Unoccupied
- Available Mid-March 2025
- MHA Monthly Rent: $1850-1950
House Description: This stylish new build at 1527 Hamilton St, Memphis, offers four spacious bedrooms and two bathrooms across 1,385 sqft. Ready for move-in by mid-March 2025, this unoccupied property combines contemporary design with practical space for families or investors. With rental rates ranging from $1,850 to $1,950, this home presents a prime opportunity in Memphis's active housing market.
4 Bed, 2 Bath Spacious New Build in Memphis, TN 38114 - Affordable For Sale $185,000
1523 Hamilton St, Memphis, TN 38114
- 4 Bedrooms
- 2 Bathrooms
- 1385 sqft
- New Build
- Unoccupied
- Available Mid-March 2025
- MHA Monthly Rent: $1850-1950
House Description: Discover a soon to be completed brand-new 4-bedroom, 2-bath home at 1523 Hamilton St, Memphis. This 1,385 sqft property boasts modern design and generous living spaces, perfect for families or investors. Set to be available by mid-March 2025, this unoccupied residence offers a blend of style and convenience. With rental potential from $1,850 to $1,950, it presents an attractive opportunity in Memphis’s thriving real estate market.
New Build 4 Bed, 2 Bath Home in Memphis in Memphis, TN 38114 - For Sale $185,000
733 Cella St, Memphis, TN 38114
- 4 Bedrooms
- 2 Bathrooms
- 1385 sqft
- New Build
- Unoccupied
- Available Mid-March 2025
- MHA Monthly Rent: $1850-1950
House Description: This newly built 4-bedroom, 2-bath home at 733 Cella St, Memphis, offers 1,385 sqft of modern living space. Perfectly designed for comfort and functionality, this unoccupied property will be available in mid-March 2025. With top-notch finishes, spacious rooms, and a layout ideal for families or those looking for extra room, it’s a rare find in the Memphis real estate market. Projected rent ranges from $1,850 to $1,950, making this property an excellent investment or personal residence.
3 bed, 1 bath House for Sale - 5280 Broken Oak Dr, Memphis, TN 38127 | $130,000
5280 Broken Oak Dr, Memphis, TN 38127
- 3 Bedrooms
- 1 Bathroom
- 1032 sqft
- Fully Rehabbed
- Currently Vacant
- MHA Monthly Rent: $1300-1400
House Description: Fully rehabbed 3-bedroom, 1-bathroom home for sale in the heart of Frayser, Memphis! This 1,032 sq ft property features a brand-new kitchen, updated floors, renovated bathroom, and fresh interior and exterior paint. Located on a quiet street in a rapidly growing area, this move-in-ready home is perfect for buyers looking for quality and convenience. Includes a 1-year builder warranty for peace of mind. *Note: No wholesalers, assignments, or owner financing accepted. Priced at $130,000. Ideal for those seeking a turnkey property in a promising Memphis neighborhood!
Duplex for Sale - 499 Baltimore Street, Memphis, TN 38111 | $160,000
499 Baltimore Street, Memphis, TN 38111
- 1 or 2 Bedrooms each unit
- 1 Bathroom each unit
- 1300 sqft each unit
- Remodeled - Many NEW Updates
- Currently Vacant
- Monthly Rent: $900-1000 each unit
House Description: DUPLEX- Excellent addition to your rental portfolio. Remodeled and rent ready in August 2024. Can be rented as a 1/1 or 2/1. Market rent $900-1000/month. Appraised 10-15-2024 for $171,000. New roof, HVAC, Furnace, Hot water heater, New flooring, interior paint, new bathrooms and kitchens. Don't miss out on this excellent investment opportunity!
4 Bed, 1 Bath House For Sale in Memphis – 3878 Sybil Street | $110,000
3878 Sybil Street, Memphis, TN 38127
- 4 Bedrooms
- 1 Bathroom
- 1649 sqft
- Beautifully Remodeled
- Currently Vacant
House Description: A great opportunity, this 4 bedroom, 1 bathroom home offers a high-standard of living throughout. The home is beautifully remodeled and is location in a great location. Don't miss out on this excellent opportunity!
Cash-Flowing, 2 Bed, 2 Bath Investment Property For Sale in Memphis – 1496 Beaver Trail Drive | $138,000
1496 Beaver Trail Drive, Memphis, TN 38016
- 2 Bedrooms
- 2 Bathroom
- 1002 sqft
- Beautifully Remodeled
- Tenant Occupied
- Monthly Rent: $1395
House Description: This is a fantastic cash-flowing opportunity! Located in a prime area, this 2-bedroom, 2-bathroom home is tenant-occupied, generating $1,395 per month until September 2025. Priced at $138,000, this property offers a solid return on investment with reliable rental income. The home is well-maintained and in a great location, making it a perfect addition to your rental portfolio. Please note, no showings will be scheduled without an accepted offer, and tenants are not to be disturbed. Don't miss out on this excellent investment opportunity!
Beautifully Remodeled, 3 bed, 1 bath Home For Sale in Memphis – 3238 Highland Park Place | $190,000
3238 Highland Park Place, Memphis, TN 38111
- 3 Bedrooms
- 1 Bathroom
- 1300 sqft
- Beautifully Remodeled
- Currently Vacant
House Description: 3238 Highland Park Place, a beautifully remodeled 3-bedroom, 1-bath home in the heart of East Memphis' sought-after Chickasaw Gardens neighborhood. Priced at $190,000, this 1,300 sq ft property features an updated kitchen opening to the dining room, a renovated bathroom, new flooring, lighting, and fresh paint inside and out. The original fireplace with new gas logs adds a cozy touch, while the large fenced backyard and deck offer great outdoor space. This vacant, move-in ready home is perfect for buyers seeking charm, modern updates, and a prime Memphis location.
Newly Remodeled 3-Bed Home for Sale in Memphis' Vollintine Historic District – $240,000
892 East Drive, Memphis, TN 38108
- 3 Bedrooms
- 1 Bathroom
- 1785 sqft
- Stylish new flooring
- Sought-after Vollintine Historic District
House Description: Looking for a beautiful home in Memphis? Check out 892 East Drive, a newly remodeled 3-bedroom, 1-bathroom property in the highly sought-after Vollintine Historic District! Priced at just $240,000, this 1,785 sq ft home boasts a brand new roof, modern kitchen, updated bathroom, and stylish new flooring. Enjoy the historic Memphis charm with a spacious master bedroom featuring a separate sitting area, a large family room, and a fenced backyard perfect for outdoor living. Don’t miss out on this stunning property—schedule your viewing today and make this Memphis gem your new home!
$152,900 - 4 bed, 2 bath, 1-year Home Warranty. MHA $1595-1695/month, Memphis, 38127
5089 Bowdoin Drive, Memphis, TN 38127
- 4 Bedrooms
- 2 Bathroom
- 1250 sqft
- New flooring & fresh paint.
- Seller will provide 1-year home warranty.
- MHA Monthly Rent: $1595-1695
House Description: Beautiful 4 bedroom, 2 bath home BUILT IN 2022! Seller will provide a 1-year home warranty. Home is on a quiet dead-end street. Great addition to your client’s rental portfolio! MHA rent range $1595-$1695. Brand new LVP flooring and fresh paint. NO WHOLESALERS, OWNER FINANCING OR ASSIGNMENTS.
$365k - 4 Bedroom + Bonus Room, 3 Full Bathrooms, Fully Renovated - Memphis, TN 38125
4786 Bethay Dr Memphis, TN 38125
- 4 Bedrooms + Bonus Room
- 3 Bathrooms
- Corner Lot. Large Backyard.
- 1,800-1,999 sqft
- Completely Renovated.
House Description: This gorgeous 4-bedroom, 3-full-bathroom home, with a bonus room that can serve as a 5th bedroom, has been completely renovated from top to bottom. The kitchen features brand-new granite countertops, a stainless steel sink, tile flooring, and a stylish backsplash. It comes equipped with stainless steel appliances, including a range/oven, microwave vent hood, and dishwasher. The bathrooms have been modernized with new tile and vanities. Throughout the home, you'll find refinished hardwood floors in the living and entry areas, new carpet, updated light fixtures, plumbing fixtures, door hardware, and a fresh coat of paint. The heating and air system has been upgraded to accommodate the newly finished bonus room. Exterior upgrades include a brand-new roof, siding, landscaping, and exterior paint. Situated on a corner lot, this home boasts a huge backyard with a privacy wood fence. Don't miss out on this beautifully upgraded property! Seller to pay 6% of Buyer’s FHA Closing Costs and Prepaids.
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For Sale $125K - Renovated 3BR, 1.5BA, 1,051sqft Investment Home in Memphis, TN 38128
3790 Tessland Rd, Memphis, TN 38128
- 3 Bedrooms
- 1.5 Bathroom
- 1,051 sqft
- Rent-Ready Remodel.
- Vacant & ready for occupancy.
- MHA Monthly Rent: $1395-1495
House Description: This is a charming home, thoughtfully upgraded for modern living, and featuring 3 bedrooms and 1.5 baths. This is an ideal investment property and has recent rent-ready enhancements, including a brand-new furnace and hot water heater, improvements such as fresh flooring and interior paint ensure immediate appeal to potential tenants. With a rent range of $1395-$1495 under the Memphis Housing Authority (MHA) program, this property offers a stable income stream. Listed for sale at an attractive price point of $125K, it presents an enticing opportunity for investors seeking both rental income and long-term appreciation.
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$72k - 3 bed, 1 bath house currently occupied for rent $950/month Memphis, 38127
3257 Millington Rd, Memphis, TN 38127
- 3 Bedrooms
- 1 Bathroom
- 1208 sqft
- Tenant Occupied.
- Monthly Rent: $950
House Description: Invest in this $72k 3-bed, 1-bath house, currently rented at $950/month. Secure tenant on a month-to-month lease. No wholesalers. Inspections only with accepted offer. Opportunity to buy with 3617 Millington Dr, which is also rented at $950/month. Don't miss this solid investment with immediate rental income! Please DO NOT DISTURB the tenant.
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Fully Remodeled 5-Bed, 2-Bath Home For Sale in Memphis – 2820 Range Line Rd | $195,000
2820 Range Line Road, Memphis, TN 38127
- 3 Bedrooms
- 2 Bathroom
- 2449 sqft
- $2000 Appliance Credit
- New HVAC system installed before closing
House Description: Check out this stunning, fully remodeled 5-bedroom, 2-bathroom property at 2820 Range Line Road, Memphis, TN 38127, listed at just $195,000. Spanning 2,449 sq ft, this spacious home is perfect for a growing family. The luxurious kitchen features gorgeous Quartzite countertops, brand-new cabinets, and a $2,000 appliance credit! The large master bedroom includes a modern ensuite bath, and the entire home has fresh paint, new floors, and updated fixtures throughout. Located in the desirable Sky Lake Community, this home is ready for you with a new HVAC system to be installed before closing. Don't miss this rare opportunity to own a beautiful home in Memphis!
$138,000 for sale - Great investment opportunity - 3 bed, 1.5 bath house in Memphis, 38127
1699 Paullus Ave, Memphis, Tn 38127
- 3 Bedrooms
- 1.5 Bathrooms
- 1000-1199 sqft
- Full Remodel
- 1-year builder warranty
- MHA Tenant: $1400 a month
This fully remodeled 3-bedroom, 2-bathroom home is the perfect real estate investment opportunity! Priced at just $138,000, this property comes with a 1-year builder warranty that offers peace of mind. A tenant is already in place, paying $1,400 per month under MHA, providing immediate rental income. With modern upgrades throughout, this home is an excellent choice for investors seeking turnkey properties with reliable returns. Whether you're a seasoned investor or looking to start building wealth in real estate, this is a prime opportunity! For more details, contact Brett Bernard. Contact Brett Bernard for showings at 901-692-7401.
$145,000 for sale - Investor's Dream – Fully Remodeled 3 bed home with Tenant in Place
3645 W. Sutton Ave, Memphis, TN 38127
- 3 Bedrooms
- 1.5 Bathrooms
- 1000-1199 sqft
- Full Remodel
- 1-year builder warranty
- MHA Tenant: $1450 a month
For just $145K, this beautifully remodeled 3-bedroom, 1.5-bath home is an outstanding real estate investment opportunity. Featuring a full remodel and covered by a 1-year builder's warranty, this property offers peace of mind and immediate income potential. The seller has already placed a tenant through MHA, generating $1,450 monthly rent. This is a turnkey rental property, perfect for investors seeking consistent returns in an appreciating market. Don’t miss your chance to invest in a property that's ready to generate cash flow from day one! For more details, contact Brett Bernard. Contact Brett Bernard for showings at 901-692-7401.
$68,000 for sale - Great investment opportunity - 3 bed, 1 bath house in Memphis, 38127
2167 Pamela Dr, Memphis, TN 38127
- 3 Bedrooms
- 1 Bathroom
- 1199 sqft
- Established Neighborhood
A great investment opportunity, this 3-bedroom, 1-bathroom home in a thriving rental neighborhood. Don’t miss this fantastic opportunity! For more details, contact Brett Bernard. Contact Brett Bernard for showings at 901-692-7401.
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$167,500 for sale - New Construction: 4 bed, 2 bath house in Memphis, 38127
1568 Paullus Ave, Memphis, TN 38127
- 4 Bedrooms
- 2 Bathroom
- 1290 sqft
- Brand New Construction
- 1-Year Builder Warranty
Brand new construction under contract for $167,500 in a rapidly expanding rental neighborhood! This exquisite 4-bedroom, 2-bathroom residence showcases polished concrete floors and gorgeous countertops in the kitchen, embodying modern elegance. The home includes a 1-Year Builder's Warranty, ensuring peace of mind. Don't miss this exceptional opportunity! For more details, contact Brett Bernard.Contact Brett Bernard for showings at 901-692-7401. Please note: no blind offers, wholesalers, or assignment contracts will be considered.
$167,500 for sale - New Construction: 4 bed, 2 bath house in Memphis, 38127
3632 Debby Dr, Memphis, TN 38127
- 4 Bedrooms
- 2 Bathroom
- 1290 sqft
- Brand New Construction
- 1-Year Builder Warranty
Discover this brand-new 4-bedroom, 2-bathroom home in Memphis' thriving rental neighborhood. With an open-concept layout, modern kitchen, and spacious bedrooms, it's perfect for families and investors alike. Enjoy peace of mind with a 1-Year Builder's Warranty. Don’t miss this fantastic opportunity! For more details, contact Brett Bernard.Contact Brett Bernard for showings at 901-692-7401. Please note: no blind offers, wholesalers, or assignment contracts will be considered.
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$140k - Remodeled 3 bed, 1 bath, Seller Will Secure MHA Tenant at $1400-1450/month, Memphis, 38127
5389 Beaverton Dr, Memphis, TN 38127
- 3 Bedrooms
- 1 Bathroom
- 975 sqft
- Fully Rehabbed.
- Seller will secure MHA Tenant
- MHA Monthly Rent: $1400-1450
House Description: This fully renovated 3-bedroom, 1-bathroom home is located in one of the fastest-growing rental markets in Memphis. Nestled in a quiet cul-de-sac within a burgeoning neighborhood, this house boasts several upgrades, including a new roof, new luxury vinyl tile (LVT) flooring, new carpet, and a brand-new kitchen. The property also comes with a 1-year builder warranty for added peace of mind. The seller will secure a tenant through the Memphis Housing Authority (MHA) with a rental rate of $1,400 to $1,450 per month. Contact Brett Bernard for showings at 901-692-7401. Please note: no blind offers, wholesalers, or assignment contracts will be considered.
$185K - New Build - 4 bed, 2 bath house for sale in Memphis, TN 381114!
733 Bey St, Memphis, TN 38114
- 4 Bedrooms
- 2 Bathroom
- 1,347 sqft
- New Construction
- Estimated Completion August 2024
- Section-8 Approved
- MHA Monthly Rent: $1,800 to $1,850
House Description: This stunning 4-bedroom, 2-bathroom new build residence boasts 1,347 square feet of modern living space, offering comfort and style in every corner. Situated in a highly sought-after area, you'll have easy access to local amenities, schools, and entertainment. From the ground up, this home features all-new construction, ensuring top-notch quality and contemporary design. With MHA rent comps ranging from $1,800 to $1,850 per month, this property presents a fantastic investment opportunity. Peace of mind comes standard with a one-year builder's warranty, ensuring your new home is protected. Currently under construction, this home is on track for completion by August 2024. Don't miss out on this incredible opportunity to own a brand-new home in a great location!
NOTE: If you have an interest in new build houses like this property, please contact Jeff McKnett today to learn more.
$150K - 3 bed, 2 bath house for sale in Memphis, TN 38127 - Cash flowing with tenant!
2891 Vine Avenue, Memphis, TN 38127
- 3 Bedrooms
- 2 Bathroom
- 1,600 sqft
- Fully Remodeled.
- Section-8 Approved.
- Vacant & Tenant Moving-In within days.
- MHA Monthly Rent: $1786
House Description: Enhance your portfolio with this beautifully remodeled 3 bedroom, 2 bathroom home situated on a spacious lot. Experience immediate and robust cash flow, thanks to a secure lease with a MHA tenant generating $1,786 per month. This turnkey property is perfect for stepping into instant income. Enjoy the charm of front and back covered porches, an expansive living area, and an oversized master suite complete with a vast walk-in closet. Freshly updated, the home boasts new flooring, fresh paint, modern cabinets, and sleek countertops, along with two elegantly renovated bathrooms. This large lot offers peace and privacy. Perfect for investors seeking a property that combines immediate returns with long-term value.
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$140k Duplex Investment for Sale - 2 bed, 1 bath each side, remodeled - Memphis, TN 38127
2908-2910 Elbert Dr, Memphis, TN 38127
- 2 Bedrooms
- 1 Bathroom
- 885 sqft
- Fully Remodeled
- Tenant Ready: 4/10/2024
- Monthly Rent: $850 ⓘMonthly rent estimate based upon rental comparisons for this property.
NOTE: Information is for each side of duplex.
House Description: This is an amazing investment opportunity in Memphis, TN, with this newly remodeled duplex located in the 38127 ZIP code. This property offers two units, each featuring a 2 bedroom, 1 bathroom layout across 885 sqft of living space. Rent ready by April 10, 2024, both sides have been extensively updated with new flooring, fresh paint, and numerous enhancements to cater to modern living standards. Priced at $140K and currently vacant, this duplex presents a compelling cash flow potential with market rents at $850 per side, totaling $1,700 per month. Don't miss out on this turnkey investment poised for immediate occupancy and profitability.
For Sale $145K - 3 bed, 1 bath, remodeled home in Memphis, TN 38127 - Ideal for investor or homeowner!
5300 Beaverton Dr, Memphis, TN 38127
- 3 Bedrooms
- 1 Bathroom
- 975 sqft
- Fully Remodeled.
- Meets FHA Guidlines.
- Vacant and Move-In Ready.
- MHA Monthly Rent: $1450
House Description: This remodeled home is a gem for new homeowners or investors, offering three bedrooms and a modernized bathroom. Fresh exterior paint creates an inviting first impression, while the interior features a new HVAC for comfort and a contemporary kitchen appealing to food lovers. Significant updates to the bathroom, flooring, and fresh interior paint enhance the living space’s harmony. Ideal for first-time buyers, it meets FHA standards and promises investors a good return with a $1,450 monthly rent potential. The seller is actively seeking to place a MHA tenant. The real beauty of this home can be seen in-person and interested parties should contact Brett Bernard. Text Brett at 901-692-7401 for showings. Some photographs are staged.
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For Sale $145K - 3 bed, 2 bath, tastefully renovated brick house in Memphis, TN 38127
1567 Rolling Hills Dr, Memphis, TN 38127
- 3 Bedrooms
- 2 Bathroom
- 1,199 sqft
- Fully Remodeled.
- Meets FHA Guidlines.
- Vacant and Move-In Ready.
- MHA Monthly Rent: $1450
House Description: This tastefully renovated brick home merges modern aesthetics with functionality. It boasts 3 bedrooms, 2 bathrooms, and significant renovations including a new roof, exterior paint, and updated HVAC, furnace, and hot water heater for improved efficiency and comfort. The interior features a modern kitchen, updated bathrooms, new flooring, and vibrant paint, creating a welcoming environment. This house is ideal for first-time buyers and this home meets FHA guidelines, simplifying the buying process. For investors, its $1,450 monthly rental potential via the MHA program offers attractive returns. The seller is actively seeking to place a MHA tenant. Text Brett at 901-692-7401 or Nick at 901-692-3272 for showings. Some photographs are staged.
For Sale $128K - 3 bed, 2 bath Investment home in Memphis, TN 38109
1438 Reata Pass, Memphis, TN 38109
- 3 Bedrooms
- 2 Bathroom
- 1,199 sqft
- Fully Remodeled
- Leased to MHA tenant.
- MHA Monthly Rent: $1300
House Description: Nestled in a sought-after neighborhood, this captivating 3-bedroom, 2-bathroom home presents an irresistible investment opportunity, boasting a current MHA tenancy at $1,300 per month. This property combines the allure of immediate, steady income with the charm of a location that's both convenient and desirable. The well-maintained residence features a thoughtful layout, designed to offer comfort and functionality to its occupants. While the home is currently tenant-occupied, ensuring a seamless income stream from day one, prospective buyers are kindly asked to respect the privacy and peace of the tenant by refraining from disturbing them. This investment is not just about acquiring a property; it's about embracing the potential for long-term growth in a prime area. For more information and to explore the possibilities this property has to offer, interested parties are encouraged to pursue further inquiries without disrupting the tranquility of the current occupants. NOTE: PLEASE DO NOT DISTURB THE TENANT!
For Sale $155K - 4 bed, 2 bath, Great Rental Investment in Memphis, TN 38128
3743 Windermere Rd, Memphis, TN 38128
- 4 Bedrooms
- 2 Bathroom
- 1,413 sqft
- Fully Remodeled
- MHA Monthly Rent: $1583
House Description: Excellent addition to your rental portfolio in the hot Raleigh area close to industry and revitalized areas. The house has been completely remodeled to include new roof, siding, energy efficient vinyl windows, new kitchen cabinets, new flooring, new fixtures, and a new driveway. New appliances and hvac condenser will be installed at closing or tenant placement. MHA tenant locked in and ready to move in at $1,583 per month. Pending MHA inspection. Don’t miss this opportunity for a cash flowing completely remodeled property. Contact Nick Gibson for showings or questions.
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For Sale $130K - Renovated & New Roof 3 bed, 1 bath, Rental Investment in Memphis, TN 38127
3207 University St, Memphis, TN 38127
- 3 Bedrooms
- 1 Bathroom
- 1,000 sqft
- New Roof and Remodeled.
- Tenant Occupied.
- MHA Monthly Rent: $1450
House Description: Here's a beautifully remodeled 3 bathroom, 1 bathroom home priced at an affordable $130,000. Ideal for investors, this property boasts a modern and stylish design that's ready to welcome you and your tenants. Peace of mind comes standard with a brand-new roof, providing years of worry-free ownership and added protection against the elements. This home has MHA rent of $1,450/month and presents an excellent investment opportunity.
For Sale $170K - Renovated 4BR, 1.5BA, 1,354sqft Rental Investment in Memphis, TN 38108
1399 Gherald St, Memphis, TN 38108
- 4 Bedrooms
- 1.5 Bathroom
- 1,354 sqft
- Rent-Ready Remodel.
- Leased to MHA Tenant
- MHA Monthly Rent: $1789
House Description: This property offers a unique investment opportunity in the vibrant, expanding Memphis rental market. The house has undergone significant updates, featuring four bedrooms, one full bathroom, and one half-bathroom across 1,354 square feet of living space. Highlights include newly installed flooring, as well as renovated kitchen and bathrooms, enhancing the home's appeal and functionality. It comes fully equipped with all necessary appliances, ensuring a move-in ready experience for tenants. Currently leased to a Municipal Housing Authority (MHA) tenant at $1,789.00 per month. Priced at $170,000, this property represents an excellent investment for those looking to enter or expand within the real estate market.
For Sale $150K - Renovated 4BR, 2BA, 1,451sqft Investment Home in Memphis, TN 38127
2478 Rammesses Ave, Memphis, TN 38127
- 4 Bedrooms
- 2 Bathroom
- 1,451 sqft
- Completely Remodeled
- Vacant & MHA tenant moving in March 5th, 2024.
- MHA Monthly Rent: $1500
House Description: Meticulously renovated investment property in Memphis for sale. Boasting a comprehensive overhaul, this home showcases brand-new flooring, a fresh coat of paint, and upgraded HVAC and hot water systems. Every detail has been thoughtfully attended to, ensuring a modern and inviting living space. With an MHA tenant scheduled to move in on March 5, 2024, generating a solid rental income of $1500 monthly, this property presents a reliable investment opportunity. Situated in a prime location, residents will appreciate the convenience of nearby amenities and transportation options. Whether you're a seasoned investor or new to the market, this turnkey property offers both comfort and profitability.
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$185K - New Construction - 4BR/2BA, 1348 sq ft, Awesome Investment Opportunity in Memphis
781 Hanley St, Memphis, TN 38114
- 4 Bedrooms
- 2 Bathroom
- 1,348 sqft
- Under Construction: Est. May 1st, 2024
- New Construction + 1 year Builder Warranty!
- MHA Monthly Rent: $1895
House Description: Seize this fantastic investment opportunity! Discover this newly built property that comes with a 1-year warranty from the builder. With a market price of $185,000, the home spans 1,348 sq ft and offers 4 bedrooms and 2 bathrooms. It features high-quality finishes that exceed market standards, including a tile backsplash, polished concrete flooring, contemporary 5-panel doors, modern lighting fixtures, and elegant tile & glass showers, making it a standout property. The property's modern design enhances its attractiveness. A tenant is already lined up to occupy the premises, with a rental agreement through MHA at $1,895 per month, guaranteeing immediate investment returns.
$140K - Beautifully Renovated 3BR/1BA Investment House, Memphis, TN 38127 for sale!
3094 Vista Grande Dr, Memphis, TN 38127
- 3 Bedrooms
- 2 Bathroom
- 1,400 sqft
- Completely Remodeled + 1 year Builder Warranty!
- Tenant Occupied.
- Monthly Rent: $1400
House Description: This residence has undergone an extensive renovation, meticulously upgraded to encompass modern conveniences and sophisticated living standards. The interior features newly installed flooring, chosen for its elegance and resilience, complemented by a state-of-the-art HVAC system, furnace, and hot water heater to ensure optimal comfort and energy efficiency throughout the year. The exterior boasts an expansive, fenced garden, offering a serene and private setting for outdoor leisure time. Furthermore, the property is secured with a 1-year builder's warranty, affording purchasers assurance and peace of mind. This home is the perfect addition for discerning investors seeking a harmonious blend of contemporary amenities and modern comforts. It stands as a testament to quality craftsmanship and thoughtful design, promising a sanctuary of refined living. This property is tenant occupied at $1,400 a month.
$185K - New Construction - 4BR/2BA, 1348 sq ft, Prime Investment Opportunity in Memphis
853 Hanley St, Memphis, TN 38114
- 4 Bedrooms
- 2 Bathroom
- 1,348 sqft
- New Construction + 1 year Builder Warranty!
- MHA Monthly Rent: $1795
House Description: A prime opportunity for investors! Explore this brand-new construction offering a 1-year builder warranty. Priced at $185,000, this property boasts 1348 sq ft, featuring 4 bedrooms and 2 baths. With above-market finishes including tile backsplash, polished concrete floors, 5-panel doors, modern lighting, and stylish tile & glass showers, this residence stands out. The modern elevation adds to its appeal. Currently, a tenant is ready to move in at $1,795-1,895 per month through MHA, ensuring immediate returns on your investment. Don't miss out on this lucrative investment with a strong rental income potential!
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$95K - Fully Renovated 3BR/1BA Investment Property, Ideal Rental Income Opportunity!
46 E Frank Ave, Memphis, TN 38109
- 3 Bedrooms
- 1 Bathroom
- 1,014 sqft
- Completely remodeled.
House Description: Exceptional investment opportunity for rental property! This 3-bedroom, 1-bathroom gem spans 1014 square feet and has undergone a complete remodel, ensuring a modern and attractive living space for potential tenants. Priced at an attractive $95,000.00, this property presents a compelling option for investors seeking a well-priced, renovated rental property to add to their portfolio. Don't miss out on this lucrative investment with great potential for rental income.
$125K - 3BR/1BA house, 1100sqft, Renovation in Progress, $1,295 Rent - Memphis, TN 38108
1634 Orr St, Memphis, TN 38108
- 3 Bedrooms
- 1 Bathroom
- 1100 sqft
- Vacant & Ready for Occupancy.
- Monthly Rent: $1295 ⓘMonthly rent estimate based upon rental comparisons for this property.
House Description: This investment opportunity features a 3-bedroom, 1-bath property spanning 1100 sqft. The vacant home is currently undergoing renovations, promising an upgraded and appealing rental space. With rent comps at $1,295 per month, this property presents a lucrative prospect for investors seeking steady rental income. Priced attractively at $125,000, it combines affordability with potential returns, making it an ideal addition to any rental property portfolio. Act now to secure a promising asset in the thriving real estate market.
$120K - Renovated 3BR/1BA House - $1,095 Rent - Memphis, TN 38128
3273 Egypt-Central Rd, Memphis, TN 38128
- 3 Bedrooms
- 2 Bathroom
- 1131 sqft
- Occuied by Tenant.
- Monthly Rent: $1200 ⓘActual monthly rent being paid by the current tenant.
House Description: Discover an enticing real estate investment opportunity with this 3-bedroom, 2-bathroom property spanning 1131 sqft. Currently tenanted at $1,200 per month, this residence promises a steady and reliable income stream. Priced attractively at $120,000, the property offers an excellent balance between affordability and potential return on investment. Its strategic location and with a tenant already in place, this opportunity provides investors with a hassle-free entry into the rental market.
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$120K - 4BR, 1.5BA house for sale - Remodeled. Current tenant at $1,300/mo - Memphis, TN 38127
3308 Cedar Springs Dr, Memphis, TN 38128
- 4 Bedrooms
- 1.5 Bathroom
- 1282 sqft
- Completely Remodeled.
- Occupied by Tenant.
- Monthly Rent: $1300 ⓘActual monthly rent paid by the current tenant.
House Description: Fully renovated 4-bed, 1.5-bath property spanning 1282 sqft. Boasting a modern makeover, this residence is currently tenanted, generating a steady $1,300 per month in rental income. The price of $120,000 positions this property as an ideal addition to any investor's portfolio. With a harmonious blend of affordability and reliable rental returns, this carefully remodeled house is ready to contribute to your financial success in the real estate market. Seize the chance to capitalize on a turnkey investment that promises both immediate and long-term gains.
For Sale $90K - 2BR, 1BA Remodeled house - Current tenant at $1,300/mo - Memphis, TN 38127
3377 Rockwood Ave, Memphis, TN 38122
- 2 Bedrooms
- 1 Bathroom
- 850 sqft
- Completely Remodeled.
- Occupied by Tenant.
- Monthly Rent: $1000 ⓘActual monthly rent paid by the current tenant.
House Description: Renovated 2-bedroom, 1-bathroom property spanning 850 sqft. Boasting a thorough remodel, this home is currently occupied, generating a monthly rent of $1,000. The modest price of $90,000 positions it as an appealing investment opportunity. Ideal for investors seeking immediate rental income and a turnkey property, this residence combines affordability with the potential for steady returns. Don't miss out on securing this attractively priced asset for your real estate portfolio, a promising addition for those aiming for consistent rental revenue.
$125K - 3BR, 1BA - Remodeled. Vacant. Rental Comp $1,295/mo - Memphis, TN 38127
3478 Suzanne Drive, Memphis, TN 38127
- 3 Bedrooms
- 1 Bathroom
- 1100 sqft
- Completely Remodeled.
- Vacant & Ready for Occupancy.
- Monthly Rent: $1295 ⓘMonthly rent estimate based upon rental comparisons for this property.
House Description: Remodeled 3-bedroom, 1-bathroom property, spanning 1100 sqft. The residence, recently revamped to meet modern standards, stands vacant, presenting a blank canvas for immediate occupancy or customization. Surrounding rent comparables indicate a lucrative potential monthly income of $1,295. Priced at $125,000, this property offers both affordability and income-generating possibilities. Add this high-value asset to your investment portfolio, combining strategic pricing and potential rental returns for a rewarding venture in the real estate market.
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Remodeled/Vacant - For Sale $125K - 3BR, 1BA - Rental Comp $1,247/mo - Memphis, TN 38128
4354 Shadcrest Rd, Memphis, TN 38128
- 3 Bedrooms
- 1.5 Bathroom
- 1200 sqft
- Completely Remodeled.
- Vacant & Ready for Occupancy.
- Monthly Rent: $1247 ⓘMonthly rent estimate based upon rental comparisons for this property.
House Description: A great opportunity to pick up this remodeled 3-bedroom, 1.5-bathroom property boasting 1200 sqft. Embrace the potential for immediate income. Comparable rents in the area support a monthly rate of $1,247, ensuring a lucrative return on investment. Priced at $125,000, this turnkey property combines modern appeal with financial opportunity, making it an ideal addition to any real estate investor's portfolio. Capitalize on both the revitalized aesthetics and the prospect of consistent rental income.
Ready to Buy?
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