The median home value in Memphis, TN is $198,000.
This is
higher than
the county median home value of $195,500.
The national median home value is $308,980.
The average price of homes sold in Memphis, TN is $198,000.
Approximately 64% of Memphis homes are owned,
compared to 28.25% rented, while
7.75% are vacant.
Memphis real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Memphis real estate agent to arrange a tour today!
Learn more about Memphis.
Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38109 area. Cash flowing with a monthly rental amount of $890/month. Currently MTM. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.
Investors only! Tenant occupied property being marketed to investors. Could be a great addition to your rental portfolio. Nice 3 bedroom 1 & a half bathroom home with painted kitchen cabinets, updated bathroom, & low maintenance flooring. Rented at $995 monthly. Seller just installed brand new Air Conditioner in May 2024 & replaced the sewer line with a licensed plumber, plus new interior paint, new window blinds, etc. ONLINE VIDEO AVAILABLE UPON REQUEST, Don't disturb tenant.
Experience the pinnacle of cozy living in this inviting 4-bedroom, 3-bathroom, plus a den, dining room and living room home. With over 2100 square feet of meticulously planned space, this home offers a blend of comfort and style. Nestled in a serene cove, the timeless brick exterior exudes enduring charm and strength. This residence has undergone a complete renovation, including a new roof, granite countertops, freshly refinished genuine hardwood floors, updated bathrooms, painting and more.
Fantastic Investment or Owner Occupant Opportunity in 38109. This 3BD 1BA property was updated in mid-2021. Could be a great starter home. If that's not what were looking for then this would be a great cash flowing investment. Call today for more info.
3bed/1bath with new roof, laminate flooring, and new interior paint. This could make a wonderful primary residence or investment sale. Many homes in this area are being rehabbed & sold for more money. Seller recently made some bathroom repairs/upgrades. ONLINE VIDEO AVAILABLE UPON REQUEST. Very convenient location on a quiet street. This is an As-Is sale. No wholesalers, blind offers, or assignments.
Discover this stunning, completely remodeled home with four spacious bedrooms. Enjoy modern upgrades, including electrical, plumbing, lighting, roof, flooring to name a few. This home qualifies for 100 percent financing.
Wonderful 2BR/1BA Home Renovated Throughout~Over 1 Acre Well Manicured Lot~Currently Tenant Occupied for $750/Month (Current Market Rate is $950/Month)~Please Do Not Disturb Tenants~Write Offer Contingent on Showing/Inspection
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.
Situated in a prime location in Memphis, this property features a classic design that blends well with the neighborhood. The exterior is well-maintained, ensuring great curb appeal. Inside, the thoughtful design provides a comfortable living space for the existing tenant.The property comes with a reliable tenant, currently paying $800 per month with room to increase. This guarantees an immediate and hassle-free income stream for investors
This two-bedroom, one-bathroom house is a prime investment opportunity. It needs cosmetic repairs but is sold as-is, making it a convenient project for investors. Located in a desirable neighborhood, with solid bones and potential for a great return on investment.
INVESTOR SPECIAL!! Cute 1BR/1BA home located in Southwest Memphis area off of Lotus Rd new U.S. 61 South. This quaint home has Primary Bedroom, shared Bathroom, Kitchen, Living Room and a small Sunroom off of the rear of the home with it's own small storage area as well. Lot is 0.6 Acres with a larger front yard and a smaller back yard. It is close to shopping and restaurants off of U.S. 61 as well. Home would be a great investment for those looking to buy more properties or 1st time homebuyer.
Welcome to Alta Heights! This 2 bed, 1 bath gem is a snug sanctuary of warmth and charm. This home features luxury vinyl flooring throughout, NEW oven, NEW units, ROOF apprx 3 years or less, and fresh paint. Need a starter home or an investment property? Well this might just be it for you.
Don't miss the opportunity to own this beautiful on a beautiful lot! This home offers newer architectural design. It has 3 bedrooms with 2 full Baths including a private bath in the master bedroom. This home also qualifies for 100% financing and several other first time home buyers programs. Check this home out today and be in your new home by the summer!
Great opportunity to be in a newly renovated home! This split-floor plan 4-bedroom 2 bath home located in a cul-de-sac. The kitchen and bathrooms are completely remodeled, new ceiling fans, blue tooth speaker in the primary bathroom, hardwood and laminate flooring throughout, interior has been freshly painted. The exterior has new siding and a fully fenced back yard for privacy and entertainment.
Newly Renovated Property! This property is great for an investor or homebuyer! There is professional property management in place with Reedy and Company who just completed a fresh turnover on the property. The property was also completely renovated in 2022 and got all new capex items including a Roof, HVAC, and Hot water heater. No wholesale or assignment.
Offer 3 bedrooms, 1 bath, eat in kitchen, dining & living room combo. Also has a 1 car attached carport & fenced backyard. Last contract failed!
Incredible Investment Opportunity! This property is currently occupied by a tenant that is on a lease from 3/26/2024 until 3/31/2025. The current tenant is paying $850 per month. This property is currently being professionally managed by Reedy and Company who just completed a fresh turnover before the tenant moved in. Now showings without an accepted offer. No wholesale or assignment.
Completely renovated in 2022! New kitchen & flooring! Roof only 4yrs! Nestled in the heart of a peaceful & friendly neighborhood, this handsome residence offers comfort, convenience, & a touch of classic elegance. As you approach, you'll be captivated by the picturesque curb appeal with a well-manicured lawn. The extended sun porch in the back is perfect for sipping morning coffee or enjoying the evening breeze.
TENANT OCCUPIED PROPERTY-- DO NOT DISTURB TENANTS!!! DRIVE BY ONLY IF INTERESTED ONCE YOUR OFFER IS ACCEPTED WE WILL GET YOU INSIDE TO INSPECT THE PROPERTY. If you do not like what you see we will return the earnest money. 3 bedrooms and 2 baths, Currently rented for $850 per month.
Tenant occupied property DO NOT APPROACH TENANT!! Drive by and then make your offer. After offer is accepted then we will arange for an inspection. If you do not like what you see after the inspection earnest money will be returned. 3 bedroom home that was recently rehabbed and is currently rented for $850/mo.
Fantastic investment opportunity! This duplex offers two bedrooms and one bath on each side, perfect for potential renters or for owner occupancy. Located less than 5 miles from downtown Memphis, this property presents an ideal location for easy access to city amenities. With some TLC and total renovations, this duplex has the potential to become a lucrative asset. Don't miss out on this chance to customize and maximize its potential! OWNER/AGENT NEEDS A FULL RENOVATION
Well maintained 4 bedroom/2 bathroom brick home located in the desireable Diamond Estates. Seller requires $1000 E/M, commitment letter from lender or proof of funds letter from bank. Seller will grant up to $15000 credit to be placed in escrow at closing to cover the cost of replacing the retainer wall and any lender required repair by a licensed contractor.
This home has been completely renovated. This is a MUST SEE! For showing appointments, call the listing agent.