Memphis TN Homes for Rent

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Type:
Single Family-Detached
Sq.Ft.:
1,399
Status:
Active
Beds:
3
Lot size:
0.27 Acres
Year built:
1963
Baths:
1.10
MLS#:
10204786
Subdivision:
ST ELMO 5TH ADDITION

ADDITIONAL INFORMATION

Calling all INVESTORS! Come check out this fully brick home, in a quite neighborhood. Just needs a little TLC

Type:
Single Family-Detached
Sq.Ft.:
1,399
Status:
Active
Beds:
3
Lot size:
0.24 Acres
Year built:
1963
Baths:
1.10
MLS#:
10203737
Subdivision:
FRAYSER VISTA 2ND ADDN RE

ADDITIONAL INFORMATION

This is a great investment to add to your portfolio. Home has been professionally renovated to like new condition. Tenant paying $1450 per month on an annual lease, professionally managed. Tenant is great! Pays all utilities and manages the yard. Seller provided 1 year warranty to make ownership easy.

Type:
Single Family-Detached
Sq.Ft.:
1,399
Status:
Active
Beds:
4
Lot size:
0.08 Acres
Year built:
1987
Baths:
2.00
MLS#:
10203705
Subdivision:
CEDARWOOD

ADDITIONAL INFORMATION

Investors only! This property could be a great addition to your investment portfolio. Property is professionally managed. No sign. No wholesalers, no assignments, no creative financing, no owner financing, no blind offers! Cash or conventional offers only! 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:
0.22 Acres
Baths:
MLS#:
10203660
Subdivision:
ARCHER ROAD

ADDITIONAL INFORMATION

Vacant lot ready for your next building project! Lot next door (1142 Frayser) is also available. Sold as is.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.22 Acres
Baths:
MLS#:
10203658
Subdivision:
ARCHER ROAD

ADDITIONAL INFORMATION

Vacant lot ready for your next building project! Lot next door (1148 Frayser) is also available. Sold as is.

Type:
Single Family-Detached
Sq.Ft.:
999
Status:
Active
Beds:
2
Lot size:
0.24 Acres
Year built:
1950
Baths:
1.00
MLS#:
10203512
Subdivision:
SHIRLEY PARK FIRST ADDITION

ADDITIONAL INFORMATION

Newly remodeled home, with a spacious yard. Priced to sell!

Type:
Single Family-Detached
Sq.Ft.:
1,199
Status:
Active
Beds:
3
Lot size:
0.18 Acres
Year built:
1960
Baths:
1.00
MLS#:
10203427
Subdivision:
HAMMOND HILLS BLK A

ADDITIONAL INFORMATION

Investor special! This 3-bedroom, 1-bath home in the Frayser area is tenant occupied and producing consistent rental income. Features a functional floor plan, low-maintenance brick exterior, and a strong rental history. Start earning from day one with this income-producing property! Don't miss this one!! Additional photos available upon request. TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Currently leased at $800/month through 7/31/2027.

Type:
Single Family-Detached
Sq.Ft.:
1,599
Status:
Active
Beds:
3
Lot size:
0.37 Acres
Year built:
1956
Baths:
1.10
MLS#:
10203372
Subdivision:
GEORGIAN HILLS BLK B

ADDITIONAL INFORMATION

THIS PROPERTY WILL NOT GO FHA/VA. LOOKING FOR A NICE 3 BEDROOM HOME IN THE FRAYSER AREA? THIS MAY BE AN OPTION. CLOSE TO BUS LINE AND ENTERTAINMENT,GAS, HIGHWAY AND INTERSTATE ACCESS FIVE MINUTES AWAY.

Type:
Single Family-Detached
Sq.Ft.:
1,599
Status:
Active
Beds:
3
Lot size:
4.71 Acres
Year built:
1962
Baths:
2.00
MLS#:
10203812
Subdivision:
Unknown

ADDITIONAL INFORMATION

Your very own piece of Heaven. Beautiful landscaped 4 acres in Shelby Forest to spread out upon. Home has been beautifully updated from top to bottom. Be sure to look at all the pictures. E.E.Jeter school for the kiddos. Drive stress free to downtown Memphis in 15-20 minutes or head north to Millington & NSA.

Type:
Single Family-Detached
Sq.Ft.:
1,199
Status:
Active
Beds:
3
Lot size:
0.09 Acres
Year built:
1965
Baths:
1.00
MLS#:
10203181
Subdivision:
WESTWOOD MANOR SEC B

ADDITIONAL INFORMATION

This is one you just can't miss....Great starter home on larger corner lot with covered parking and storage room for the extras. Built in bookcase separates the living room from the eat in kitchen dining area.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1977
Baths:
MLS#:
10202989
Subdivision:
SMITH BONNIE B

ADDITIONAL INFORMATION

Over 2,300 SF of CMU-1 zoned commercial space in a high-traffic, high-visibility area of Frayser. Fully tenanted and cash-flowing with tons of potential. Interior fully remodeled within the past 11 years, roof replaced within the last 8 years, and a new AC condenser added in the 3 years. Versatile layout includes a spacious high-ceiling rear area, multiple front offices, kitchen, and storage. Ideal for retail, office, or service-based use. Located on N Watkins near other businesses and residential neighborhoods with strong local demographics. Prime opportunity for investors or owner-users. Drive-by visibility, convenient parking, and updated systems make this a turnkey property in a growing market. Donâ??t miss your chance to secure this value-packed commercial asset!

Type:
Single Family-Detached
Sq.Ft.:
999
Status:
Active
Beds:
3
Lot size:
0.12 Acres
Year built:
1960
Baths:
1.00
MLS#:
10202760
Subdivision:
RIDGEGROVE B

ADDITIONAL INFORMATION

Charming 3-bedroom, 1 bathroom home that has been recently completely rehab! This gem features all new roof, windows, and flooring too. All exterior and interior freshly painted. Updated bathroom with contemporary fixtures. All light fixtures have been updated too. A central heat/cooling system is included with the price too. Don't miss out on this beautifully renovated home! Home is part of a 6 home portfolio package or can be purchase individually too. The other local properties are rented and located at: 937 Speed St, 3119 Allison Ave, 2851 Carnes Ave, 1153 & 1299 Dunnavant St. Do not disturb tenants. No showing until offer is accepted on the rented units.

Type:
Single Family-Detached
Sq.Ft.:
1,199
Status:
Active
Beds:
3
Lot size:
0.18 Acres
Year built:
1972
Baths:
1.00
MLS#:
10202634
Subdivision:
NORTHAVEN BLK A

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 $870/month. The lease ends on 10/31/2025. 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.:
799
Status:
Active
Beds:
2
Lot size:
0.27 Acres
Year built:
1949
Baths:
1.00
MLS#:
10202400
Subdivision:
Unknown

ADDITIONAL INFORMATION

Don't miss out on this great investment opportunity this property offers 2 bedrooms and 1 bath. The property offers tremendous potential. Schedule your showing today. Detached garage in back. Big backyard!!

Type:
Single Family-Detached
Sq.Ft.:
1,199
Status:
Active
Beds:
3
Lot size:
0.21 Acres
Year built:
1956
Baths:
1.00
MLS#:
10202318
Subdivision:
WESTWOOD MANOR SEC B

ADDITIONAL INFORMATION

Investment opportunity. Brick 3 bed/1bath, tenant occupied home. The property is professionally managed and well kept. Do not approach or disturb the tenant. No showings without an accepted offer. Current rent $1346/month 100% MHA. Next rent renewal is December 2025.

Type:
Single Family-Detached
Sq.Ft.:
1,799
Status:
Active
Beds:
3
Lot size:
0.32 Acres
Year built:
1957
Baths:
1.10
MLS#:
10202309
Subdivision:
LAMBELLE HEIGHTS

ADDITIONAL INFORMATION

3 Bedroom 1.5 Bath Brick Home~~Separate Living Room, Dining Room and large Den~~Eat In Kitchen~~Hardwood Floors~~ No maintenance Vinyl Exterior~~~Ready to add to your portfolio~~ Will not qualify for FHA~~~This property is eligible under the First Look Initiative which expires after 30 full days on market for owner occupants~~

Type:
Single Family-Detached
Sq.Ft.:
1,199
Status:
Active
Beds:
3
Lot size:
0.24 Acres
Year built:
1965
Baths:
1.00
MLS#:
10202127
Subdivision:
BROOKMEADE PARK

ADDITIONAL INFORMATION

Nice renovated home in the Brookemeade neighborhood of Frayser. This move-in ready, ranch style home blends modern updates with southern charm. This 3 bed 1 bath home has its own laundry room (which saves space) covered parking, and a huge fenced backyard. Inside there's a cozy living room full of natural light as well as a dining room. Enjoy tile flooring throughout and a bright eat-in kitchen. Also, ALL appliances stay! Outside, the spacious backyard provides endless potential for outdoor living. The home is a great opportunity for first time homebuyers or investors alike. Better photos on the way. No sign in yard. Please see scheduling inspections. Contact listing agent for any additional questions.

Type:
Single Family-Detached
Sq.Ft.:
1,199
Status:
Active
Beds:
3
Lot size:
0.2 Acres
Year built:
1970
Baths:
1.10
MLS#:
10202087
Subdivision:
HARVESTER HILLS

ADDITIONAL INFORMATION

Discover this lovely 3-bedroom, 1.5-bathroom home located in a great neighborhood, featuring covered parking and a spacious corner lot. The home also boasts brand new windows, adding to its appeal and energy efficiency. This property qualifies for special financing options through the City of Memphis. Donâ??t miss your chanceâ??schedule a showing today! This opportunity wonâ??t last long

Type:
Single Family-Detached
Sq.Ft.:
1,399
Status:
Active
Beds:
4
Lot size:
0.32 Acres
Year built:
1952
Baths:
1.00
MLS#:
10202019
Subdivision:
PATRICIA HEIGHTS SEC F BLK 13

ADDITIONAL INFORMATION

Wonderful 4 Bedroom, 1 Bath home in great shape. Currently rented @ $1050/month. Market Rent $1350. House was remodeled in 2022, new interior, new bathroom, kitchen, roof, HVAC, Furnace, and hot water heater. Do not disturb tenant, all offer contingent on inspection. No wholesale or owner finance offers will be considered.

Type:
Single Family-Detached
Sq.Ft.:
999
Status:
Active
Beds:
3
Lot size:
0.16 Acres
Year built:
1976
Baths:
1.00
MLS#:
10202017
Subdivision:
CEDARWOOD SEC G

ADDITIONAL INFORMATION

Newly Renovated Property! Great opportunity for an investor or homebuyer! The property is currently unoccupied and readily available for viewing. This property is currently being professionally managed by Reedy and Company. Whether you're an owner-occupant or investor, this opportunity is open to you. No wholesale or creative financing offers.

Type:
Single Family-Detached
Sq.Ft.:
999
Status:
Active
Beds:
3
Lot size:
0.23 Acres
Year built:
1954
Baths:
1.00
MLS#:
10202013
Subdivision:
FRAYSER HILLS

ADDITIONAL INFORMATION

Move-in ready! New Roof, Hot Water Heater, and AC.

Type:
Single Family
Sq.Ft.:
1,004
Status:
Active
Beds:
3
Lot size:
0.33 Acres
Year built:
1953
Baths:
2.00
MLS#:
3056635
Subdivision:
Frayser Manor

ADDITIONAL INFORMATION

Investment Opportunity – 3 Bed, 2 Bath Tenant-Occupied Property Great opportunity to start or expand your real estate portfolio with this income-producing property! This 3-bedroom, 2-bath home is currently tenant-occupied, offering immediate rental income. Please note: Property is tenant-occupied. No showings will be scheduled without an accepted offer. Don’t miss out on this turnkey investment!

Type:
Single Family-Detached
Sq.Ft.:
1,799
Status:
Active
Beds:
3
Lot size:
0.37 Acres
Year built:
1955
Baths:
1.10
MLS#:
10201605
Subdivision:
GEORGIAN HILLS BLK B

ADDITIONAL INFORMATION

Amazing Opportunity with this 3 bed 1 1/2 bath afforable rental home investment; great addition to any portfolio or perfect 1st rental! Checks all boxes! 1600 sqft with very spacious rooms, including a step down den area with a fire place - provides for plush family living and great desirability! Brand New cabinets and A/C unit within last 3 years! Large lot for family usagae! Long-term tenant in place. $1,050.00 monthly rent - below market rate. Do Not Disturb Tenant in any way. Drive-by only. No showing until contract signed. Owner/Agent Relationship

Type:
Single Family-Detached
Sq.Ft.:
999
Status:
Active
Beds:
3
Lot size:
0.35 Acres
Year built:
1959
Baths:
1.00
MLS#:
10201521
Subdivision:
ST ELMO THIRD ADDITION

ADDITIONAL INFORMATION

Welcome to 3969 Ridgedale Street, Memphis, TN 38127. A charming 3-bedroom, 1-bath home featuring hard surface flooring throughout, a bright and spacious living area, and an upgraded kitchen with shaker cabinets and a Vent-A-Hood. Enjoy year-round comfort with central heat and air. The home also includes a one-car carport and a large fenced backyard, perfect for outdoor activities. A great opportunity for homeowners or investors alike. TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Currently leased at $995/month through 6/8/2027.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
11.44 Acres
Baths:
MLS#:
10201449
Subdivision:
BEACON HILLS

ADDITIONAL INFORMATION

This lot, zoned R-6 Single Family Residential, offers direct access from Range Line Rd with no HOA or deed restrictions. City water, sewer, and nearby electricity make building easy. Located within Memphis city limits, just 20 minutes from downtown and close to parks, museums, golf courses, hiking trails, the famous Graceland, and the Lichterman Nature Center. Enjoy boating on the Mississippi River at Mud Island Park or explore Meeman-Shelby State Park just 20 minutes away.

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126–150 of 308 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.

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

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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