Memphis TN Homes for Sale

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Type:
Single Family-Detached
Sq.Ft.:
999
Status:
NEW LISTING
Beds:
3
Lot size:
0.16 Acres
Year built:
2000
Baths:
1.10
MLS#:
10185617
Subdivision:
OVERTON & GROSVENOR

ADDITIONAL INFORMATION

Three bedroom 1 & a half bathroom house built in 2000 being offered for sale. Home is currently tenant occupied. Rented at $725 and tenant is MTM. Investors only. Could be a great addition to your rental portfolio. Home is professionally managed. We have leases, ledgers, and repair history available. Cash offers only! Do not disturb or approach the tenant. No wholesalers, no creative financing or owner financing.

Type:
Single Family-Detached
Sq.Ft.:
1,399
Status:
Active
Beds:
3
Lot size:
0.15 Acres
Year built:
1922
Baths:
1.00
MLS#:
10185242
Subdivision:
DIVINE-HILL

ADDITIONAL INFORMATION

Investment opportunity in the Shelby area. 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.:
1,599
Status:
Active
Beds:
5
Lot size:
0.21 Acres
Year built:
1912
Baths:
2.00
MLS#:
10184385
Subdivision:
WILSON

ADDITIONAL INFORMATION

Exceptional opportunity for investors seeking income-generating properties! This fully renovated gem offers a lucrative mid-term income potential, capable of over $5000.00 per month in earning potential. 5 bedrooms and 2 bathrooms, this property has undergone extensive updates, including a newer roof, updated electrical, plumbing, & HVAC systems. Fresh and modern interior, complete with all-new paint, flooring, & more. Seasoned investor or a newcomer to the market, don't miss out on this deal.

Type:
Single Family-Detached
Sq.Ft.:
1,399
Status:
Active
Beds:
4
Lot size:
0.14 Acres
Year built:
2003
Baths:
2.00
MLS#:
10183411
Subdivision:
ELIZ MOORE

ADDITIONAL INFORMATION

Great investment opportunity! This 4 Bedroom 2 bath home on a quiet street featuring LVP flooring downstairs and carpet upstairs. Renovations are needed and reflected in the sale price. Professionally and locally managed. The owner would bundle with another cashflowing property.

Type:
Single Family-Detached
Sq.Ft.:
1,399
Status:
Active
Beds:
4
Lot size:
0.1 Acres
Year built:
2004
Baths:
2.10
MLS#:
10179960
Subdivision:
LEMOYNE GARDEN PD PHASE 1 AREA A-3

ADDITIONAL INFORMATION

Type:
Single Family-Detached
Sq.Ft.:
1,999
Status:
Active
Beds:
4
Lot size:
0.1 Acres
Year built:
1912
Baths:
2.00
MLS#:
10178741
Subdivision:
WILLIAMS

ADDITIONAL INFORMATION

Investor Special. Price includes two properties offered together. 574 & 578 McKinley, right next to each other on a corner. 578 McKinley is a single family home with over 1800 sq footage. Lower level semi-renovated. 574 McKinley is Second is a duplex. Great Properties to add to a rental portfolio. Easy to show with the exception of the tenant occupied side. 3 minutes from Fed Forum in downtown Memphis. Zone for Multi-family. Single family can easily rent as a single home or rooming home.

Type:
Single Family-Detached
Sq.Ft.:
1,399
Status:
Active
Beds:
3
Lot size:
0.18 Acres
Year built:
1917
Baths:
2.00
MLS#:
10168024
Subdivision:
ALSTON

ADDITIONAL INFORMATION

Investor Special! This cash cow is tenant occupied with rent at $1200 a month. The home has fully renovated with new tile floors, new paint, fully updated bathrooms/ kitchen, new roof and plumbing! Add this asset with over a 13% cap rate to your portfolio today!

Type:
Single Family-Detached
Sq.Ft.:
1,199
Status:
Active
Beds:
2
Year built:
1912
Baths:
1.00
MLS#:
10149580
Subdivision:
SEDGWICK & NESBIT

ADDITIONAL INFORMATION

This home is minutes away from downtown. Has been completely renovated. It has a 3-year-old roof, all new windows, ceiling fans in bedrooms, porcelain tile flooring, surveillance cameras, and has a large central unit for the residence. The home is a 2/1 and has a 2-unit building located in the rear and need to be finished, but great for rental to generate passive income. The home and the units are separated by a concrete patio. Great opportunity for investors in the area downtown.

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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 2024 Memphis Area Association of REALTORS. All rights reserved.



Memphis Real Estate

The median home value in Memphis, TN is $148,300. 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 $148,300. 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 38126 has a population of 634,139. Memphis 38126 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 38126 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 38126 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

    N/A
  • # Active listings

    52
    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
A B Hill Elementary PK - 05 285 12.7 38106
Alton Elementary PK - 05 339 14.7 38106
Belle Forest Community School PK - 05 1,153 20.9 38115
Bruce Elementary PK - 05 339 14.5 38104
Caldwell-Guthrie Elementary PK - 05 531 16.1 38107
Carnes Elementary PK - 05 262 17.5 38105
Circles of Success Learning Academy KG - 05 246 27.3 38106
Cordova Elementary PK - 05 678 15.4 38106
Cummings School PK - 08 577 15.8 38106
Florida-Kansas Elementary PK - 05 266 15.8 38106
Hamilton Elementary PK - 05 560 17.5 38106
Ida B Wells Academy KG - 08 203 11.3 38126
Idlewild Elementary KG - 05 471 16 38104
KIPP Memphis Collegiate Elementary KG - 02 353 16.8 38107
Larose Elementary PK - 05 409 16.4 38126
Lincoln Elementary PK - 05 295 15.7 38106
Macon-Hall Elementary PK - 05 1,156 18.7 38016
Memphis College Preparatory KG - 04 288 15.2 38105
Peabody Elementary PK - 05 407 14.6 38104
Vollentine Elementary PK - 05 291 13.9 38107

Middle Schools near Memphis, TN

School Grades Students P/T Ratio ZIP
City University Boys Preparatory 06 - 08 73 12.2 38106
Colonial Middle School 06 - 08 1,092 17.4 38117
Corry Middle School 06 - 08 0 38106
Dubois High School of Teacher Education 09 - 12 0 38106
Dubois Middle of Leadership Public Policy 06 - 08 120 22.6 38106
Hamilton Middle School 06 - 08 411 15.9 38106
Hickory Ridge Middle School 06 - 08 902 19 38115
Highland Oaks Middle 06 - 08 786 20.1 38125
Kate Bond Middle 06 - 08 1,213 20.6 38133
South Side Middle 06 - 08 300 16.7 38106
Vance Middle School 06 - 08 0 38126
White Station Middle School 06 - 08 1,312 18.2 38120

High Schools near Memphis, TN

School Grades Students P/T Ratio ZIP
B T Washington High School 06 - 12 583 16.3 38126
Bolton High School 09 - 12 1,878 20.3 38002
City University School of Liberal Arts 09 - 12 290 18.9 38106
Cordova High School 09 - 12 2,039 21 38016
Dubois High of Leadership Public Policy 09 - 12 14 5.2 38106
Germantown High School 09 - 12 2,001 21.9 38138
Hamilton High School 09 - 12 725 25 38106
Hollis F. Price Middle College High School 09 - 12 117 9.8 38126
MCS Prep. School - Southwest 09 - 12 0 0 38106
Memphis Health Careers Academy 09 - 12 92 8.8 38106
White Station High School 08 - 12 2,330 22.8 38117
Whitehaven High School 09 - 12 1,852 19.6 38116

Ungraded Schools near Memphis, TN

School Grades Students P/T Ratio ZIP
* East Career Technology Center 07 - 12 0 0 38111
* Kansas Career and Technical Center 09 - 12 0 38106
* Kingsbury Vocational School 10 - 12 0 0 38122
* Memphis Adult High School 09 - 12 362 36.2 38111
* Sheffield Career and Technical Center 10 - 12 0 0 38118
* Southwest Career and Technical School 10 - 12 0 0 38109
* Trezevant Career and Technical School 09 - 12 0 0 38127
Avon Lenox School KG - 12 137 10.5 38117
Freedom Preparatory Academy 06 - 10 472 18.1 38109
Martin Luther King Transition Center KG - 12 867 86.7 38126
Memphis Academy of Science Engineering Middle/High 06 - 12 389 21.6 38103
Memphis Rise Academy 06 - 12 95 19 38122
Memphis School of Excellence 06 - 12 452 19.1 38141
Memphis Virtual School 06 - 12 97 8.1 38108
New Consortium of Law and Business 06 - 12 219 14.4 38134
Shrine School PK - 12 133 9.5 38118
Snowden School PK - 10 1,529 17.8 38112
Soulsville Charter School 06 - 12 632 14.7 38106
Woodstock High School 06 - 10 339 20.1 38053

Demographics near Memphis, TN 38126

Metric Zip Code City
Neighborhood Type Suburban
Population 634,139 929,178
Population Density 1,998 1,217
Median Age 34.2 35.7
People per Household 2.5 2.6
Median Household Income 43,981 55,015
Average Income per Capita 28,258 33,287