Memphis TN Homes for Rent

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Type:
Single Family-Detached
Sq.Ft.:
1,199
Status:
Active
Beds:
3
Lot size:
0.34 Acres
Year built:
1957
Baths:
1.00
MLS#:
10199600
Subdivision:
ALTA VISTA 2ND ADDN

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.

Type:
Single Family-Detached
Sq.Ft.:
1,599
Status:
Active
Beds:
4
Lot size:
0.23 Acres
Year built:
1959
Baths:
2.10
MLS#:
10199542
Subdivision:
PLEASANT VALLEY

ADDITIONAL INFORMATION

Type:
Single Family-Detached
Sq.Ft.:
1,199
Status:
Active
Beds:
3
Lot size:
0.21 Acres
Year built:
1951
Baths:
1.00
MLS#:
10199503
Subdivision:
OAK GROVE PARK RE S/D OF PT GRAHAM HE

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.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1.06 Acres
Baths:
MLS#:
10199456
Subdivision:
MOUNTAIN TERRACE

ADDITIONAL INFORMATION

Double lot, with some trees on the property, sewer tap for the property included (savings of appx. $12,500 with the city and build approval ready) AND a brand new, never used before SEWER LINE leading all the way to the middle of the property (additional $10,000 savings!). Preferred to be sold with other properties in the package (all properties: 2237 Clifton (lot), 0(2241) Clifton (lot), 2251 Clifton (lot), 2257 Clifton (As-is SFR), 2271 Clifton (double lot), 2774 Mt Terrace (double lot)). Refer to the attached photo for more detailed or publicly accessible data for the lot(s). This is a Owner Agent listing. No appointments needed for viewing, official TAR offers to email included in the Info Sheet that's attached to the Documents section of the MLS. Package Sale preferred.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1.21 Acres
Baths:
MLS#:
10199455
Subdivision:
HIGHLAND GARDENS

ADDITIONAL INFORMATION

Deep Double Lot, with some trees on the property, sewer tap for the property included (savings of appx. $12,500 with the city and build approval ready). Preferred to be sold with other properties in the package (all properties: 2237 Clifton (lot), 0(2241) Clifton (lot), 2251 Clifton (lot), 2257 Clifton (As-is SFR), 2271 Clifton (double lot), 2774 Mt Terrace (double lot)). Refer to the attached photo for more detailed or publicly accessible data for the lot(s). This is a Owner Agent listing. No appointments needed for viewing, official TAR offers to email included in the Info Sheet that's attached to the Documents section of the MLS. Package Sale preferred.

Type:
Single Family-Detached
Sq.Ft.:
1,999
Status:
Active
Beds:
5
Lot size:
0.58 Acres
Year built:
1945
Baths:
2.00
MLS#:
10199415
Subdivision:
HIGHLAND GARDENS

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.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1975
Baths:
MLS#:
10199365
Subdivision:
ARDMORE FARMS

ADDITIONAL INFORMATION

Price Reduction! This has been a church property, but could also be turned into a community center, or a daycare / school, etc.. Lots of space with a good size fenced lot. A sanctuary seating about 120, plus a fellowship hall downstairs; a kitchen area, two sets of restrooms (one set upstairs and one set downstairs). Room for children area / nursery and a separate office. Gated, completely fenced in lot with plenty of room for additional parking. Property needs a full rehab, but is priced accordingly.

Type:
Single Family-Detached
Sq.Ft.:
1,199
Status:
Active
Beds:
3
Lot size:
0.12 Acres
Year built:
1960
Baths:
1.00
MLS#:
10199286
Subdivision:
RIDGEGROVE B

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.

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1953
Baths:
MLS#:
10199183
Subdivision:
Shirley Park First Addition

ADDITIONAL INFORMATION

Vacant Tri-Plex now available. Both 1br 1ba units are rent ready. The 3br unit needs renovated. Vacant, easy to show! Selling As-Is. No owner/creative financing.

Type:
Single Family-Detached
Sq.Ft.:
999
Status:
Active
Beds:
2
Lot size:
0.23 Acres
Year built:
1951
Baths:
1.00
MLS#:
10199133
Subdivision:
POINT DE VUE

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 !!!!!

Type:
Single Family-Detached
Sq.Ft.:
1,599
Status:
Active
Beds:
4
Lot size:
0.42 Acres
Year built:
1948
Baths:
1.00
MLS#:
10198683
Subdivision:
SHIRLEY PARK FIRST ADDITION

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!

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1974
Baths:
MLS#:
10198597
Subdivision:
SCHOOLFIELD-FRAYSER BLVD

ADDITIONAL INFORMATION

Location Location Location! High Traffic Area! Within walking distance of Nike and Amazon. Building is almost 5,000 square feet and sits on almost .93 acre of land with plenty of parking! Includes all current light fixtures, window treatments, equipment, appliances, and furnishings. FULLY OPERATIONAL!! Suitable for many uses. Don't miss out on this opportunity! Formerly used as a restaurant and party venue! **SCHEDULE YOUR PRIVATE SHOWING TODAY! BRING ALL OFFERS!!!**

Type:
Single Family-Detached
Sq.Ft.:
1,199
Status:
Active
Beds:
3
Lot size:
0.22 Acres
Year built:
1956
Baths:
1.00
MLS#:
10198419
Subdivision:
FRAYSER VIEW S/D OF LOTS 24 & 25

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!

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1977
Baths:
MLS#:
10198155
Subdivision:
FRAYSER CENTER

ADDITIONAL INFORMATION

Two car lifts, 80 gal air compressor, one tire changing machines, one air rigs, all tools, 3 offices, 1 bath, 1 ac, 2 bays 8', cash register, furniture forbreak room, upstairs inventory room Do not disturb the current operating business owner.

Type:
Single Family-Detached
Sq.Ft.:
1,399
Status:
Active
Beds:
3
Lot size:
0.32 Acres
Year built:
1960
Baths:
1.00
MLS#:
10198012
Subdivision:
MINOR TERRACE

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.

Type:
Single Family-Detached
Sq.Ft.:
999
Status:
Active
Beds:
3
Lot size:
0.23 Acres
Year built:
1957
Baths:
1.00
MLS#:
10197321
Subdivision:
FRAYSER HILLS

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.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.21 Acres
Baths:
MLS#:
10197248
Subdivision:
GEORGIAN WOODS SEC E

ADDITIONAL INFORMATION

Great opportunity for investor/builder. Listed below appraised value. Lots 03 and 04 available.

Type:
Single Family-Detached
Sq.Ft.:
1,599
Status:
Active
Beds:
3
Lot size:
0.2 Acres
Year built:
1961
Baths:
1.00
MLS#:
10197208
Subdivision:
RANGE HILLS RE S/D OF PT LOTS 2-3 & 4

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.

Type:
Single Family-Detached
Sq.Ft.:
999
Status:
Active
Beds:
3
Lot size:
0.21 Acres
Year built:
1972
Baths:
1.00
MLS#:
10196674
Subdivision:
BRECKENWOOD

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

Type:
Single Family-Detached
Sq.Ft.:
999
Status:
Active
Beds:
3
Lot size:
0.26 Acres
Year built:
1954
Baths:
1.00
MLS#:
10196692
Subdivision:
FRAYSER HILLS

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.

Type:
Single Family-Detached
Sq.Ft.:
1,199
Status:
Active
Beds:
3
Lot size:
0.23 Acres
Year built:
1956
Baths:
2.00
MLS#:
10196698
Subdivision:
NORTHWOOD VILLAGE

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.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.33 Acres
Baths:
MLS#:
10196597
Subdivision:
Neighborhood: 00502B51 /Ss Whitney Ave Cor Northga

ADDITIONAL INFORMATION

This is a bulk package of 3 parcels to be sold together only. 883 Whitney Parcel ID# 069024 00002 and 877 Whitney Parcel ID# 069024 0000, and 2955 Northgate St Parcel ID# 069021 00006

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.4 Acres
Baths:
MLS#:
10196595
Subdivision:
Unknown

ADDITIONAL INFORMATION

This is a bulk package of 3 parcels to be sold together only. 883 Whitney Parcel ID# 069024 00002 and 877 Whitney Parcel ID# 069024 0000, and 2955 Northgate St Parcel ID# 069021 00006

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.74 Acres
Baths:
MLS#:
10196598
Subdivision:
Neighborhood: 00502B51 /Ss Whitney Ave Rd 287.62

ADDITIONAL INFORMATION

This is a bulk package of 3 parcels to be sold together only. 883 Whitney Parcel ID# 069024 00002 and 877 Whitney Parcel ID# 069024 0000, and 2955 Northgate St Parcel ID# 069021 00006

Type:
Single Family-Detached
Sq.Ft.:
999
Status:
Active
Beds:
3
Lot size:
0.14 Acres
Year built:
1961
Baths:
1.00
MLS#:
10196550
Subdivision:
RIDGEGROVE SEC G

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.

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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 $120,000. 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 $120,000. 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 38127 has 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 Real Estate Market Conditions

  • Median sales price

    $120,000
    15.5% change since last quarter
  • # Active listings

    308
    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
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

School 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

School 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

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

Demographics near Memphis, TN 38127

Metric Zip Code City
Neighborhood Type Suburban Suburban
Population 44,943 634,139
Population Density 1,196 1,998
Median Age 31.3 34.2
People per Household 2.9 2.5
Median Household Income 32,933 43,981
Average Income per Capita 16,827 28,258