Memphis TN Homes for Rent

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Type:
Single Family-Detached
Sq.Ft.:
1,599
Status:
Active
Beds:
3
Lot size:
0.15 Acres
Year built:
1947
Baths:
2.00
MLS#:
10202396
Subdivision:
FORDHURST

ADDITIONAL INFORMATION

MOTIVATED SELLER! This 3 bed, 2 bath home offers peace of mind with a brand-new roof, HVAC, water heater, exterior paint, privacy fence, and all-new kitchen appliances. The layout features two oversized bedrooms, including one with double closets and a spacious walk-in. Enjoy the generous backyard, perfect for relaxing, entertaining, or letting kids and pets play. Seller is open to including large furniture items (such as couches, bed sets, TVs, and dining table) with an acceptable offer. Whether youâ??re a first-time buyer or looking for a turnkey Airbnb opportunity, this home checks all the boxes! AS-IS SALE!

Type:
Single Family-Detached
Sq.Ft.:
999
Status:
Active
Beds:
3
Lot size:
0.15 Acres
Year built:
1952
Baths:
1.00
MLS#:
10202333
Subdivision:
CHICKASAW VILLAGE 2ND ADDN

ADDITIONAL INFORMATION

Turnkey Investor Opportunity! 3 Bed/ 1 bath single-family home sits on a quiet cul-de-sac just minutes from the Fedex Hub and international airport! Major updates completed in 2022 including the roof, HVAC and new sewer lines/ drains, plus a new water heater in 2019--offering peace of mind for years to come. Currently vacant and could be ideal for a BRRRR! Contact listing agent today for details.

Type:
Single Family-Detached
Sq.Ft.:
1,199
Status:
Active
Beds:
2
Lot size:
0.18 Acres
Year built:
1947
Baths:
1.00
MLS#:
10202234
Subdivision:
MCGEHEE & PILLEY RE BLK 40

ADDITIONAL INFORMATION

Investor-Friendly Cashflow Opportunity! Just steps from the beautiful 10-acre Belz Park, this 1185 sq foot home is a 2 Bed and 1 bath single-family home (with option of 3rd BR upstairs) is a solid, income-producing property. Recent upgrades include a roof under 7 years old, NEW HVAC (2021), and new water (2020). Home is professionally managed and leased through August 2026 with tenant paying $895 a month. Call listing agent for details. Please do not disturb tenants!

Type:
Single Family-Detached
Sq.Ft.:
1,199
Status:
Active
Beds:
3
Lot size:
0.15 Acres
Year built:
1969
Baths:
1.00
MLS#:
10202211
Subdivision:
INDIAN HILLS

ADDITIONAL INFORMATION

Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $935 per month and is on a lease from 4/01/2025 until 03/31/2026. This property was newly renovated in 2023 and received a new hot water heater, new furnace, and new HVAC system as well. In 2023, the property also received new flooring, doors, security doors, fresh paint throughout, and a newly renovated kitchen. Seller will consider a trade for a property located in either Memphis, TN, or Denver, CO. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

Type:
Single Family-Detached
Sq.Ft.:
1,199
Status:
Active
Beds:
3
Lot size:
0.16 Acres
Year built:
1970
Baths:
1.10
MLS#:
10202207
Subdivision:
SMITH-TURLEY REV

ADDITIONAL INFORMATION

REDUCED!!! Nice Home located in an Established Neighborhood. Home needs some updating, but there are many amenities. 3 Bdrms - 1.5 baths, LR, Den, Quaint kitchen with eat-in area, laundry room and fenced backyard. Sellers are leaving the furniture for Buyer including stove, fridge and deep freezer "as is". Fresh coat of paint over the paneled walls would create a New LOOK to shine with the hardwood floors. This is a Steal for First Time Home Buyers. Call for your Showing Today. SELLERS ARE PACKING!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1982
Baths:
MLS#:
10202176
Subdivision:
PARKER

ADDITIONAL INFORMATION

This building-is presently being used as a religious building. Location in a beautiful quiet neighborhood.

Type:
Single Family-Detached
Sq.Ft.:
1,599
Status:
Active
Beds:
3
Lot size:
0.12 Acres
Year built:
1952
Baths:
2.00
MLS#:
10201956
Subdivision:
ARCADIAN HILL

ADDITIONAL INFORMATION

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 appraised at $148,000! Do not disturb tenants.

Type:
Single Family
Sq.Ft.:
1,599
Status:
Active
Beds:
4
Lot size:
0.19 Acres
Year built:
1970
Baths:
2.00
MLS#:
10201912
Subdivision:
ACKLENA LAND COMPANY

ADDITIONAL INFORMATION

The property currently have been updated new roof, new doors, new window, new fence, new hvac system, newly painted interior/exterior, new water heater , updated plumbing. Please contact listing with any questions. Show proof of funds with offer.

Type:
Single Family-Detached
Sq.Ft.:
799
Status:
Active
Beds:
2
Lot size:
0.28 Acres
Year built:
1935
Baths:
1.00
MLS#:
10201678
Subdivision:
KABAKOFF

ADDITIONAL INFORMATION

INVESTOR SPECIAL!! Must See, this two bedroom home, one bath, fenced backyard with workshop and storage building. Being SOLD "as is" needs work. NO BLIND OFFERS per SELLER. NON-ASSIGNABILITY offers per SELLER.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1 Acres
Baths:
MLS#:
10201572
Subdivision:
Hilldale

ADDITIONAL INFORMATION

BLUEPRINTS/PLANS HAVE ALREADY BEEN APPROVED TO BUILD HERE! Buyers/investors build your personal home on this beautiful green lot! This is truly the promised land of opportunity and no other area compares to this exclusive subdivision in Hilldale. Last lot for sale in this subdivision! Private showings available.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
3.64 Acres
Baths:
MLS#:
10201512
Subdivision:
Memphis

ADDITIONAL INFORMATION

Prime 3.64-Acre CMU-1 Development Siteâ??830?W?Raines?Rd., Memphis, TN Seize a rare opportunity to shape one of Whitehavenâ??s most visible corridors. This expansive 3.64-acre tract enjoys CMU-1 (Commercial Mixed-Use) zoningâ??Memphisâ?? flexible designation that welcomes retail, restaurant, office, medical, light industrial, multifamily, and live-work concepts (subject to site plan approval). A former 2,016?sq?ft structure has already been cleared, saving you demolition costs and delivering a clean, shovel-ready canvas. CMU-1 zoning supports a broad spectrum of commercial and mixed-use projects, allowing you to pivot with market demand. High-traffic frontage on W?Raines?Rd. just west of Elvis Presley?Blvd./US-51â??minutes to Memphis International Airport, I-55, and Graceland.

Type:
Single Family-Detached
Sq.Ft.:
1,199
Status:
Active
Beds:
3
Lot size:
0.2 Acres
Year built:
1959
Baths:
1.00
MLS#:
10201725
Subdivision:
WESTWOOD MEADOWS

ADDITIONAL INFORMATION

Looking for a charming little haven that checks all your boxes? This 3-bedroom, 1-bathroom home is calling your name! Would also make a great Investment property. The layout is super convenient with a single-story design, making it perfect for anyone who wants easy living. Got laundry? No problem! Washer and dryer connections are ready to go. Ready to make this house your home? Don't miss out on this gem! *No "subject to" or owner finance offers.

Type:
Single Family-Detached
Sq.Ft.:
2,199
Status:
Active
Beds:
3
Lot size:
0.71 Acres
Year built:
1955
Baths:
1.00
MLS#:
10201484
Subdivision:
ASHMORE RE

ADDITIONAL INFORMATION

AS-IS INVESTMENT PROPERTY 3-bedroom, 1- bathroom home situated on a 0.71-acre lot. Approx 2000 sq ft. Rental ready. A highlight of this property is the large den/great room addition. The seller welcomes all offers.

Type:
Single Family-Detached
Sq.Ft.:
1,599
Status:
Active
Beds:
6
Lot size:
0.42 Acres
Year built:
1953
Baths:
2.10
MLS#:
10201456
Subdivision:
NONE LISTED

ADDITIONAL INFORMATION

REDUCED for quick sale! Well-maintained 6-bed, 2.5-bath home in Whitehaven with tons of potential! The main house offers 4 beds, 1.5 baths, updated front windows, and a 2-year-old roof. Enjoy a spacious in-and-out front driveway and a huge backyard. The separate in-law suite features 2 beds, 1 full bath, LR, kitchen, its own address, and private parking padâ??perfect for rental income or multigenerational living. Previously used as a commercial tax office. SOLD AS IS. Ideal for investors seeking dual income or homeowners looking to rent part of the home. No owner financing. Donâ??t miss this versatile opportunity! Seller will need to remain in the property 30 days after closing. For appointments please contact Broker Bay who will make arrangements with the Seller to show the property. No sign / no keybox available.

Type:
Single Family-Detached
Sq.Ft.:
999
Status:
Active
Beds:
3
Lot size:
0.3 Acres
Year built:
1958
Baths:
1.00
MLS#:
10201326
Subdivision:
AIRVIEW

ADDITIONAL INFORMATION

Lovely 3 bedroom 1 bathroom home that is in MOVE-IN CONDITION. Home has new interior/exterior paint, new flooring, plus brand new kitchen with painted cabinets, new countertops, and new dishwasher. The backyard is fully fenced (pet friendly) plus the home has new door knobs, new ceiling fans, new closet doors, new bathroom vanity, etc. Home also includes a brand new exterior A/C unit! Home recently had a FHA appraisal so your buyer won't have to pay for it! Home was inspected and appraised and is in wonderful condition. Seller has completed all repairs! This home qualifies for special 100% financing thru Pinnacle Bank for owner occupants! FHA/ VA/ Conventional buyers...please take a look at this house (you will love it). Seller willing to help with closing costs and provide a new stove with acceptable offer. Super cute home that has been updated but also located on a quiet street that is convenient to everything!

Type:
Single Family-Detached
Sq.Ft.:
1,399
Status:
Active
Beds:
2
Lot size:
0.11 Acres
Year built:
1925
Baths:
2.00
MLS#:
10201321
Subdivision:
SPION KOP BLK 6

ADDITIONAL INFORMATION

Check out this super cute 2 bedroom, 2 full bathroom home located in the heart of South Memphisâ??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 active until August 2025 Great investment opportunity or starter home Bring all offers!

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1991
Baths:
MLS#:
10201323
Subdivision:
GILLHAVEN

ADDITIONAL INFORMATION

Prime Corner Lot Car Wash with Expansion Potential located on a busy corner lot along one of Memphisâ?? main streets (Mitchell Rd / Winchester Rd), this high-visibility property presents a rare investment opportunity in a high-demand area. Currently operating as a 6-bay self-service car wash, this property also features an additional enclosed space that could be transformed into an automatic car wash, detail center, or repurposed entirely for a separate business venture. Formerly a gas station, the property still maintains gas infrastructure, offering a unique opportunity to reintroduce fuel service or explore other retail or service-based uses. With steady traffic flow, excellent street frontage, and a loyal local customer base, this location is ideal for a savvy investor or entrepreneur seeking multiple revenue streams.

Type:
Single Family-Detached
Sq.Ft.:
1,199
Status:
Active
Beds:
2
Lot size:
0.17 Acres
Year built:
1920
Baths:
1.00
MLS#:
10201708
Subdivision:
NEW SOUTH MEMPHIS BLK 2

ADDITIONAL INFORMATION

Great Investment Property - Selling in "AS-IS" Condition.

Type:
Single Family-Detached
Sq.Ft.:
1,199
Status:
Active
Beds:
3
Lot size:
0.4 Acres
Year built:
1957
Baths:
1.00
MLS#:
10201072
Subdivision:
WHITEHAVEN PARK 4TH ADDN

ADDITIONAL INFORMATION

What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be accepted.

Type:
Single Family-Detached
Sq.Ft.:
2,399
Status:
Active
Beds:
4
Lot size:
0.27 Acres
Year built:
1957
Baths:
1.10
MLS#:
10200808
Subdivision:
FORDHURST

ADDITIONAL INFORMATION

Opportunity awaits! Come see your next project brimming with equity. Although this home needs fixtures it has been staged with porcelain and stone in the bathrooms and Kitchen. Don't let this chance pass you by for the easiest fixer-upper on the market!

Type:
Single Family-Detached
Sq.Ft.:
999
Status:
Active
Beds:
3
Lot size:
0.24 Acres
Year built:
1961
Baths:
1.00
MLS#:
10200750
Subdivision:
LAKEVIEW GARDENS SEC B

ADDITIONAL INFORMATION

3 bedroom, 1 bath. Previously renovated home. New furnace, washer and dryer connection in the kitchen. Spacious front yard and backyard. Storage/workshop area under the carport. Previous tenant created some cosmetic damage. Would like to sell "as is"

Type:
Single Family-Detached
Sq.Ft.:
1,599
Status:
Active
Beds:
4
Lot size:
0.42 Acres
Year built:
1969
Baths:
1.10
MLS#:
10200707
Subdivision:
CHICKASAW VILLAGE 7TH ADDN

ADDITIONAL INFORMATION

4-bedroom, 1.5-bath home with brick and vinyl exterior located on a high-traffic, 4-lane road â?? ideal for buyers needing quick access to major routes or those considering a home-based business. The property offers a functional layout with generous living space and durable exterior finishes. Great potential as a rental or first home. High visibility and easy access make this an excellent opportunity for the right buyer. Schedule your showing today!

Type:
Single Family-Detached
Sq.Ft.:
999
Status:
Active
Beds:
3
Lot size:
0.18 Acres
Year built:
1967
Baths:
1.00
MLS#:
10200706
Subdivision:
WHITECAP VILLAGE

ADDITIONAL INFORMATION

Donâ??t miss this great opportunity! This 3-bedroom, 1-bath home sits on a cove lot, offering much potential. The exterior features a combination of durable brick and wood, while the interior boasts low-maintenance LVP and tile flooring throughout. Some appliances are included, making this a smart buy for investors or first-time homeowners. Whether you're looking to expand your rental portfolio or find your next home, this property has solid bones and great value. Schedule your showing today!

Type:
Single Family-Detached
Sq.Ft.:
1,399
Status:
Active
Beds:
4
Lot size:
0.13 Acres
Year built:
1973
Baths:
1.00
MLS#:
10200519
Subdivision:
MITCHELL RD SCHOOL SEC A

ADDITIONAL INFORMATION

Fantastic investment opportunity in the Shelby area. This 4br/1 bath single-family home is in the 38109 area. Cash flowing with a monthly rental amount of $1,100/month. The lease ends on 12/31/2025. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

Type:
Single Family-Detached
Sq.Ft.:
1,399
Status:
Active
Beds:
3
Lot size:
0.13 Acres
Year built:
1973
Baths:
2.00
MLS#:
10200448
Subdivision:
KERR

ADDITIONAL INFORMATION

Price Reduced. Investors donâ??t miss this charming home that blends comfort, convenience, and value! Step into the enclosed front screen porchâ??perfect for relaxing year-round. Inside, youâ??ll find three spacious bedrooms and two full bathrooms, along with beautiful hardwood flooring throughout. The home features a brand-new HVAC unit and new vinyl windows, offering energy efficiency and peace of mind. Enjoy the privacy of a fully fenced backyard with a storage shed for added convenience. Located just minutes from downtown Memphis, this home is a fantastic opportunity for an investor to add to their portfolio.

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101–125 of 217 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 2026 Memphis Area Association of REALTORS. All rights reserved.



Memphis Real Estate

The median home value in Memphis, TN is $87,500. This is lower than the county median home value of $206,500. The national median home value is $338,100. The average price of homes sold in Memphis, TN is $87,500. Approximately 40.23% of Memphis homes are owned, compared to 45.77% rented, while 14% are vacant. Memphis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Memphis real estate agent to arrange a tour today!

Memphis, Tennessee 38109 has a population of 634,139. Memphis 38109 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 38109 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 38109 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 Real Estate Market Conditions

  • Median sales price

    $87,500
    15.5% change since last quarter
  • # Active listings

    217
    30-day change

Memphis Schools and Demographics

Education near Memphis, TN

Metric 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

School Grades Students P/T Ratio ZIP
Double Tree Elementary PK - 05 364 14.8 38109
Fairley Elementary PK - 05 527 20.4 38109
Ford Road Elementary PK - 05 643 19.5 38109
Freedom Preparatory Academy Charter Elementary School PK - 05 180 45 38109
John P. Freeman Optional School KG - 08 538 13 38109
Levi Elementary PK - 05 478 20.1 38109
Manor Lake Elementary PK - 05 344 17.2 38109
Raineshaven Elementary PK - 05 470 16.2 38109
Riverview School PK - 08 350 19.6 38109
Westwood Elementary 02 - 05 225 25 38109

Middle Schools near Memphis, TN

School Grades Students P/T Ratio ZIP
Chickasaw Middle School 06 - 08 436 18.2 38109
Geeter Middle School 06 - 08 442 24.6 38109
KIPP Memphis University Middle 06 - 06 83 20.8 38109
Riverview Elementary PK - 05 0 38109
Westhaven Elementary PK - 05 0 38109

High Schools near Memphis, TN

School Grades Students P/T Ratio ZIP
Carver High School 09 - 12 248 11.8 38109
Fairley High School 09 - 12 599 38109
Mitchell High School 09 - 12 551 19.6 38109
Westwood High School 09 - 12 425 15.7 38109

Ungraded Schools near Memphis, TN

School Grades Students P/T Ratio ZIP
* Southwest Career and Technical School 10 - 12 0 0 38109
Freedom Preparatory Academy 06 - 10 472 18.1 38109

Demographics near Memphis, TN 38109

Metric Zip Code City
Neighborhood Type Suburban Suburban
Population 44,059 634,139
Population Density 655 1,998
Median Age 38.7 34.2
People per Household 2.8 2.5
Median Household Income 32,404 43,981
Average Income per Capita 18,940 28,258