Memphis TN Homes for Rent

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Type:
Single Family-Detached
Sq.Ft.:
1,199
Status:
Active
Beds:
3
Lot size:
0.18 Acres
Year built:
1948
Baths:
2.00
MLS#:
10199647
Subdivision:
FLIPPIN

ADDITIONAL INFORMATION

INVESTORS ONLY! Tenant occupied property being marketed to investors. This home could be a wonderful addition to your portfolio. Home was substantially renovated in 2022 with a new HVAC system and several other upgrades in Spring 2025 and is currently rented at $1025 per month. This property is professionally managed (lease, ledger, repair history available upon request). This property is leased until 4/11/26. Very good price for a 3 bedroom 2 bathroom home. No sign in the yard. Do not approach or disturb tenant. No access without an accepted offer. Could be a great addition to your rental portfolio. Seller is not interested in owner financing or creative financing offers...cash or conventional offers only.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.35 Acres
Baths:
MLS#:
10199306
Subdivision:
HIGHWAY 61

ADDITIONAL INFORMATION

Commercial Lot/Land available on S Third St., great business opportunity.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.64 Acres
Baths:
MLS#:
10199299
Subdivision:
BARTON HEIGHTS 1ST ADDN

ADDITIONAL INFORMATION

Commercial Lot/Land available on S Third Street. Great business opportunity.

Type:
Single Family
Sq.Ft.:
999
Status:
Active
Beds:
4
Year built:
1971
Baths:
1.00
MLS#:
10198906
Subdivision:
CARRINGTON JONES

ADDITIONAL INFORMATION

This four-bedroom home offers original hardwood floor throughout the main living areas. This home has a traditional and comfortable living space. The home features an updated bathroom and kitchen. Large fenced-in yard, providing a secure and private space perfect for outdoor enjoyment or letting pets roam freely. Large Garage and exterior storage shed in the back yard.

Type:
Single Family-Detached
Sq.Ft.:
1,599
Status:
Active
Beds:
4
Lot size:
0.17 Acres
Year built:
1936
Baths:
1.00
MLS#:
10198883
Subdivision:
NEW SOUTH MEMPHIS BLK 3

ADDITIONAL INFORMATION

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 Memphisâ?? 38109 ZIP â?? a high-demand rental area minutes from Downtown, Surrounded by active investor activity and long-term community growth, Section 8 rental comps in the area average $1,400/month, with consistent demand for 4-bedroom units. This property offers a chance to build equity and generate reliable rental income in a growing submarket. Perfect for a buy-and-hold investor or someone looking to build a small rental portfolio. Being sold as-is.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.09 Acres
Baths:
MLS#:
10198803
Subdivision:
DONOHUE

ADDITIONAL INFORMATION

Great location for a new construction possible duplex! Lot is being sold "AS-IS/WHERE-IS" Buyer to perform any due diligence deemed necessary.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.43 Acres
Baths:
MLS#:
10199032
Subdivision:
ALTA HEIGHTS

ADDITIONAL INFORMATION

Land to build that home you always wanted. .43 acres. Seller says make him an offer he can't refuse.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
2.1 Acres
Baths:
MLS#:
10198754

ADDITIONAL INFORMATION

Over 2 acres available in a prime commercial location. This is the perfect location to build your new commercial building. Perfect for an existing or future business!

Type:
Single Family-Detached
Sq.Ft.:
1,399
Status:
Active
Beds:
4
Lot size:
0.18 Acres
Year built:
2025
Baths:
2.00
MLS#:
10198650
Subdivision:
LAKEVIEW GARDENS SECTION D

ADDITIONAL INFORMATION

New construction in Memphis! This 4-bedroom, 2-bathroom home features 1,343 sq ft of heated living space with a modern open layout, quality finishes, and energy-efficient design. A great opportunity for investors in a growing neighborhood.

Type:
Single Family-Detached
Sq.Ft.:
1,199
Status:
Active
Beds:
4
Lot size:
0.22 Acres
Year built:
1969
Baths:
2.00
MLS#:
10198632
Subdivision:
J E WALKER HOMES

ADDITIONAL INFORMATION

New construction in Memphis! This 4-bedroom, 2-bathroom home features 1,343 sq ft of heated living space with a modern open layout, quality finishes, and energy-efficient design. A great opportunity for investors in a growing neighborhood.

Type:
Single Family-Detached
Sq.Ft.:
1,399
Status:
Active
Beds:
4
Lot size:
0.16 Acres
Year built:
2025
Baths:
2.00
MLS#:
10198619
Subdivision:
CHICKASAW VILLAGE

ADDITIONAL INFORMATION

Brand new construction built in 2025 by a reputable builderâ??this home features 4 spacious bedrooms, 2 full baths, living room, dining room, and a functional kitchen layout. Everything is NEW: LVP flooring, sheetrock and paint, HVAC (to be installed before inspections), plumbing, electrical, hardware, and 30-year architectural shingle roof. Includes a concrete driveway, freshly sodded front yard, fully fenced backyard with seed and straw, and new landscaping. Central HVAC will be installed only at the time of Occupancy. Ideal for first-time buyers or build-to-rent investors. Additional inventory available!

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
2.06 Acres
Baths:
MLS#:
10198570
Subdivision:
BARTON HEIGHTS 2ND ADDN

ADDITIONAL INFORMATION

PRIME DEVELOPMENT OPPORTUNITY! This corner lot includes three adjacent parcels being sold together, offering a total of approximately 2.06 acres. Currently zoned R-6 Residential, these lots present an exceptional opportunity for consolidation and possible rezoning to commercial use. Located on a visible corner with high traffic and excellent access, this property is ideal for a variety of potential developments such as retail, office or mixed use. Don't miss the chance to invest in a growing area with incredible upside potential. Buyer to conduct all due diligence, Selling AS-IS WHERE-IS. Total three lots available for sale. 129 Brooks Rd. 3155 Redbud Road 3163 Redbud Road Call me for more information.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.2 Acres
Baths:
MLS#:
10198618
Subdivision:
Garretts/Riverview Subdiv

ADDITIONAL INFORMATION

Residential corner lot that is ready for building. All infrastructure in place. Great investment property. Proof of funding required.

Type:
Single Family-Detached
Sq.Ft.:
1,999
Status:
Active
Beds:
3
Lot size:
0.19 Acres
Year built:
1971
Baths:
2.00
MLS#:
10198217
Subdivision:
TULANE RD

ADDITIONAL INFORMATION

Delightful 3-bedroom, 2-bath home offering comfort, functionality, and plenty of potential. Inside, youâ??ll find a living room perfect for relaxing, a versatile den ideal for a home office or guest space, and a practical kitchen ready for your personal touch. Step outside to a generously sized yard with room for gardening, play, or outdoor gatherings. Priced to sell and being sold as is, this property is a fantastic opportunity for first time homeowners or investors looking to customize and add value.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.2 Acres
Baths:
MLS#:
10198103
Subdivision:
FLIPPIN

ADDITIONAL INFORMATION

Builders/Investors get your building plan underway! Vacant Lot! Perfect Lot for a Single Family or Duplex! Buyer to conduct all due diligence, selling AS-IS WHERE-IS. PLEASE contact listing agent for more information.

Type:
Single Family-Detached
Sq.Ft.:
999
Status:
Active
Beds:
3
Year built:
1970
Baths:
1.00
MLS#:
10197916
Subdivision:
Indian Hills

ADDITIONAL INFORMATION

NEWLY RENOVATED! This home features new flooring thru-out, new kitchen counter tops & cabinets, vent a hood, huge fenced backyard and etc.. This beautiful home is cheaper than rent and will be perfect for a first time homebuyer or perfect for an investor that wants to add to their portfolio. Tenant occupied. Currently paying $1250/mth. Lease ends August 31, 2025.

Type:
Single Family-Detached
Sq.Ft.:
1,399
Status:
Active
Beds:
3
Lot size:
0.22 Acres
Year built:
1949
Baths:
2.00
MLS#:
10197777
Subdivision:
PISGAH HEIGHTS UNRECORDED

ADDITIONAL INFORMATION

RECENTLY REHABBED & READY TO GO! Painted brick home with 3 bedrooms and 2 bathrooms that is tenant occupied. This is a turnkey investment sale that is currently rented at $850. Professionally managed property (lease, ledger, work order and payment history available upon request). ONLINE VIDEO AVAILABLE UPON REQUEST. Nice floor plan with large kitchen and den plus huge primary bathroom. Seller just installed new interior paint, new window blinds, and new flooring (January 2025). The primary bedroom has an attached bathroom that has been updated and has double vanity sinks. Huge laundry room. Massive walk in closet. No owner financing or creative financing. No wholesalers or assignments.

Type:
Single Family-Detached
Sq.Ft.:
799
Status:
Active
Beds:
2
Lot size:
0.11 Acres
Year built:
1958
Baths:
1.00
MLS#:
10197717
Subdivision:
GARRETTS REVISED PLAN OF GOODMAN BROS

ADDITIONAL INFORMATION

Owner/Agent: Check out this 2-bedroom home with a large fenced-in yard! This turn-key property is tenant-occupied, paying $997 monthly (Section 8). Lease expires 4/30/2026. New water heater, flooring, and central air/heat with updated duct-work and insulation. No showings without an accepted offer. Do not disturb tenants. No wholesaling or assignments. This could be a great buy-and-hold investment and meets the 1% market rent rule.

Type:
Single Family-Detached
Sq.Ft.:
1,399
Status:
Active
Beds:
3
Lot size:
0.13 Acres
Year built:
2006
Baths:
2.00
MLS#:
10197604
Subdivision:
HORN LAKE GARDENS

ADDITIONAL INFORMATION

NEW PRICE ADJUSTMENT! Charming Move in Ready Home with 3 bedrooms and 2 baths. Spacious living room w/fireplace. Remodeled Bathroom & Kitchen, new light fixtures. Tenant occupied. Tenants are on a month to month payment. Please do not disturb the tenants. Showings by appointment only.

Type:
Single Family-Detached
Sq.Ft.:
799
Status:
Active
Beds:
2
Lot size:
0.06 Acres
Year built:
1930
Baths:
1.00
MLS#:
10197577
Subdivision:
S FT PICKERING BLK 9

ADDITIONAL INFORMATION

House needs complete renovation. House has been gutted to the floor joists. (Proceed with Caution) . House has no utilities etc.

Type:
Single Family
Sq.Ft.:
999
Status:
Active
Beds:
2
Year built:
1945
Baths:
1.00
MLS#:
10197374
Subdivision:
Belmont

ADDITIONAL INFORMATION

Looking for your next project? Look no further! This home offers a fresh start for your vision. Stripped down to the studs this home sits on a huge corner lot which is a little over half an acre! Videos available upon request. Home is currently in environmental court.

Type:
Single Family-Detached
Sq.Ft.:
999
Status:
Active
Beds:
3
Lot size:
0.23 Acres
Year built:
1972
Baths:
1.00
MLS#:
10197115
Subdivision:
HOLIDAY HEIGHTS BLK F

ADDITIONAL INFORMATION

Perfect for investor or homebuyer . Beautifully renovated 3bed, 1bath gem on a large corner lot, perfect for homebuyers or investors. Step into move in ready living with a bright open layout, updated kitchen, and modern finishes throughout. The oversized yard offers endless potential for entertaining, gardening, or future expansion. Located in a quiet, convenient neighborhood close to schools, shops, and parks, this home blends comfort with opportunity. Best of all, it qualifies for 100% financing making ownership more accessible than ever. Whether you're looking to settle in or grow your portfolio, this property delivers lifestyle, value, and ease. No seller financing!

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.37 Acres
Baths:
MLS#:
10196945
Subdivision:
BANNEKER ESTATES PD

ADDITIONAL INFORMATION

One of a few remaining lots available in the Elegant Banneker Estates. A gated community with beautiful Stately Homes. Listed at a bargain price! Call for details.

Type:
Single Family-Detached
Sq.Ft.:
999
Status:
Active
Beds:
3
Lot size:
0.17 Acres
Year built:
1968
Baths:
1.00
MLS#:
10196463
Subdivision:
WHITEHAVEN MEADOWS

ADDITIONAL INFORMATION

Wonderful 3 bedroom 1 bathroom home with covered parking being offered at a great price. Home is in MOVE-IN CONDITION and has been well maintained. Tons of updates and special features including luxury vinyl plank flooring, new interior paint, updated kitchen and bathroom, plus gas cooking, etc. Seller open to helping with closing costs, providing a home warranty, and purchasing a brand new stove with acceptable offer. FHA/ VA/ Conventional offers welcome! Home qualifies for special 100% financing incentives for home buyers through Pinnacle Bank and First Horizon. Nothing to do but move-in! No wholesalers, no creative or owner financing offers.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1964
Baths:
MLS#:
10196286
Subdivision:
Sedgewick Industrial

ADDITIONAL INFORMATION

An opportunity like no other! This former nightlife hotspot, though recently affected by fire, holds incredible potential for investors, developers, or entrepreneurs looking for a blank slate. With its prime location and open layout, this space is ready for restoration or reinvention. Whether you're envisioning a revitalized entertainment venue, a fresh concept, or a complete transformation, this property is priced to sell and waiting for the right vision to bring it back to life. Serious inquiries onlyâ??turn this challenge into your next success!

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126–150 of 214 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 $86,000. 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 $86,000. 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

    $86,000
    15.5% change since last quarter
  • # Active listings

    214
    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