The median home value in Memphis, TN is $185,250.
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 $185,250.
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!
Opportunity knocks! This cozy 2-bedroom, 1-bathroom home is a great investment or starter property. The kitchen and bathroom have been updated, but the rest of the home is ready for your finishing touches. Currently tenant occupied. (Do not disturb tenant) Whether you're looking for a rental income property or your next project, this one has potential! Sold as-is, so bring your vision and make it shine.
This charming Tudor-style home in sought-after Hein Park offers incredible potential at a price that reflects the updates and upgrades needed. Boasting 3 spacious bedrooms and 3 bathrooms, the home features expansive living and dining areas perfect for entertaining. The updated kitchen still provides a solid foundation for your personal touch, while the large lot presents endless possibilities for expansion or outdoor living. With some work already completed, this property is ready for the next owner to bring it to its full potential. Donâ??t miss the opportunity to create your dream home in a prime location! Located close to everything Midtown and Downtown has to offer in a beautiful park like neighborhood.
Charming 1922 home in Evergreen Historic District featuring 4 bedroom, 2 bath, bonus room, renovated kitchen, updated bathrooms, hardwood floors, architectural details including arched doorways, an inviting fireplace, and a great entertaining layout, secured backyard w/ amazing stamped stone patio, 2 car garage with wrkshp, and conveniently located close to restaurants, Crosstown, Williamson Park and Overton Park, Lovitt Shell, and the Zoo. Seller is motivated.
Open House:
Sunday, 1/12 2:00-4:00PM
Beautiful & Unique home in the Evergreen Historic District. Walkable - Crosstown, Zoo, Shell. Attached full size renovated apartment to main home. Convert to single family, leave as investment rental, or expand main home & still have rental income. Relaxing wrap around front porch. Renovated kitchen & updated baths. Stunning hardwood floors & turn of the century craftsman millwork. 3BR/2BA in main home. Expansive windows with inviting open plan. Apt. features full kitchen, pvt entrance, 2BR/2BA.
Investor Alert: This 3 bed / 2 bath home in the Overton Park Heights subdivision is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. Seller will sell properties as a package or in various smaller packages.
Total Renovation!!! This newly remodeled 3 bed 2.5 bath Midtown home is move in ready for you and your family. Located a couple blocks from The Broad Ave District and a mile from Overton Square! All updates are under two years old from the roof, HVAC, flooring and more! You will be amazed at the new contemporary floor plan that was created on this project. Check it out!!! Offer Instructions attached. EM to Preferred Title & Escrow LLC 7894 Winchester Road Memphis, TN 38125
This classic midtown 4 plex has been recently rehabbed. The units are large 1 bedrooms with central heating and air. The property has been operated as a short term rental with Air B & B with average monthly rental of over 3000 per month per unit. Drive by only. Please do not disturb residents.
Fully renovated 5 bedroom 3 bath home in Overton Park Heights. Will be vacant and ready to move in at closing.
Conveniently located near the Memphis Zoo, and Rhodes College in the heart of midtown, this 1 bedroom 1 bath is located on the main level right by the lobby! Includes an additional storage room, guest quarters available, and 12th floor community room with rooftop access. Includes laundry room, fitness room, pool and more! 24 hour security. Within walking distance to Rhodes College. HOA fee covers all utilities! Don't miss this only 1 bedroom condo on the market in Parkway House!
This stunning modernized cottage in the heart of Memphis, Tennessee, is a true gem! Nestled in the historic Central Gardens neighborhood, this 5- bedroom, 3- bathroom offers the perfect blend of classic charm and contemporary updates. This property has modern upgrades and fully updated with new appliances. The home includes a guest home, complete with its own kitchen, den, and full bathroom with a shower-ideal for generating rental income, hosting guests, and the pool creates an oasis. Seller also agrees to enclose the pool, if potential client requests. It is in a perfect location close to all of Memphis's finest Universities, Colleges, and the Theological Seminary. Vast restaurants and shopping in close proximity!! Don't miss all this beautiful home entails.
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.
Great opportunity for an investor or an owner occupant! Some TLC required!
Beautiful house 2 bedrooms 2 baths ~ Ready to move in ~Open concept ~ Fully remodeled~New floors ~ new windows ~ new baths~ Freshly painted exterior & interior~ Big back yard! Come see this house today !
House gutted to the studs & rebuilt! 9 foot ceilings throughout plus vaulted kitchen area. Exterior walls foamed & insulated as well as ceilings & attic. New hi-end replacement windows throughout with a life-time warranty, new roof & gutters & solar tunnel, new plumbing & electric. Water-line & sewer line were replaced! Beautiful nail down white oak hardwoods! Smooth ceilings! LED lighting throughout! New HVAC & tankless HWH. Re-worked detached garage. New 12x20 deck. Fully fenced backyard. Lovely kitchen with quartz, new cabinets & appliances including washer/dryer! Beautiful exterior stone re-grouted. Neighborhood experiencing a lot of revitalization as well as some new builds! Walk to Brewster Elementary and The Broad Avenue district as well as Overton Park. Easy access to Sam Cooper and the Interstate. 100% financing available at 5.5% or 5.65%. Call for additional info on this special financing!
Ready for your next project? 605 N. Hollywood is a wonderful brick home with covered parking & tons of other amenities. Owner has replaced most of the the windows, installed a new roof, new flooring, updated the bathrooms, installed a security door, and done tons of other upgrades (all within the last few years). Home needs repairs & being sold as-is. ONLINE VIDEO AVAILABLE UPON REQUEST. Cash or hard money loans only. Could be worth a lot of money once fully rehabbed. Great opportunity for an investor, fix & flipper, or someone wanting to buy and live in a house at a good price. No creative or owner financing available, no wholesalers or assignments.
Nestled in midtown's Evergreen Historic District, this charming property is a short walk to dinner at Tonica or Ecco on Overton Park. Also, walking distance to the Crosstown Concourse, Overton Park Shell and Memphis Zoo.The home boasts of 2 renovated bathrooms, a carport, a newly built walk-in closet and a large deck in its fenced backyard. New roof- 1 year old, HVAC just over 2 years old.
Location, location, location ! Midtown duplex is within walking distance of Overton Park, Broad Ave restaurants, and multiple new apartment buildings. 1 bedroom/ 1 bath on each side 1669 total sf per tax assessor record. Both sides are vacant so it's ready for your remodeling. Unit 1 has power on currently, and will need cosmetic repairs. Unit 2 had a kitchen fire, so it will need a COMPLETE renovation. Work that has been completed on Unit 2 include: brand new vinyl windows all around, new electrical panel installed and inspected and power is on to the panel with a temp outlet. Unpainted brick exterior is in good shape. Double driveways and lot size 50 x 125. Fully boarded up and new security chain link fence on the property. Sold as-is, prefer closing within 21 days $1,000 Earnest Money. POF required with all offers.
House on a small hill in a historic midtown neighborhood. Street is quiet, and not a cut-through. Big front porch space! Brand new shingles on roof. Freshly painted inside and out. Termite bond. Radiator heat throughout with a brand new water heater. Gas stove in kitchen. Refrigerator included. Brand new vent hood in kitchen. All appliances function properly. Wooden trim and wooden floors throughout. Shared driveway, but one can turn right into a private parking space behind the house. Also lots of street parking available. Nice backyard space that backs up to Williamson Park. Wooden shed in backyard. Spacious attic that could be used for a massive amount of storage, or even an art/music studio space. In the Snowden and Central school district. Great buyer opportunity in a historic neighborhood!
Investors, this is the perfect addition to your portfolio! New roof, low-maintenance brick exterior, stained concrete floors, fully updated bathrooms and kitchen, Central HVAC, with new condensing unit included, and fenced backyard! Vacant and easy to show!
Welcome to 3184 Lamphier Ave, a beautifully renovated gem in the heart of Memphis! This charming home blends classic character with modern upgrades, offering a perfect retreat for any homeowner. Step into an newly renovated living space with fresh paint and stylish fixtures throughout. The kitchen is a chef's dream, featuring quartz countertops and sleek cabinetry. The 3 bedrooms are cozy and bright, while the bathrooms boast contemporary finishes, including updated vanities and tile work. Outside, enjoy a spacious backyard with new fencing that is perfect for relaxing or entertaining. Located in a convenient and vibrant neighborhood, with its thoughtful renovations and attention to detail, this gorgeous home is move-in ready and waiting for you to call it home. Donâ??t miss this opportunityâ??schedule your showing today!
Land Square Footage: 5576 - Lot Dimensions: 63.92/0 X 175/186.31 - Subdivision Name: BON AIR. The land surveyor's report has been completed, and the city has granted authorization to proceed with the construction. The property has an unusual right-angle shape and is situated adjacent to state property. Just one block away from Chickasaw Golf Club, and easy access to Sam Cooper BLVD of Interstate I-40/I-240. Walking distance to Shelby Farms Greenline.
This charming 4-bedroom historic house exudes warmth and character, offering spacious living areas, renovated kitchen with stainless steel appliances and marble countertops, hardwood floors throughout and oversized rooms overlooking the green scenery. Stepping outside, the backyard reveals an oasis by a beautiful pool surrounded by stone or brick decking that complements the historical aesthetic of the house. Tucked away in the backyard is a detached 300 sqft. studio that can be adapted to suit a variety of purposes. With its own entrance, kitchenette and bathroom, the studio offers a sense of independence and privacy, making it ideal for overnight guests or short term rental. Roof and HVAC was recently replaced. What truly sets this home apart is its location behind the Rhodes College, giving it a unique sense of belonging to the scholarly environment around it. The college campus, just a short walk away, might be visible from some windows, with the vibrant energy of students and faculty creating a dynamic atmosphere.
Great investment opportunity. Nice home that is on a large corner lot that would be a great primary residence or investment property. Home needs repairs but could be worth a lot of money once fixed up. Super convenient location! Home has a security door, newer hot water heater, and an excellent floor plan. ONLINE VIDEO AVAILABLE UPON REQUEST. Seller prefers a cash offer. Home is currently vacant (immediate occupancy). Home is being offered at a good price and has instant equity. No creative or owner financed offers. No wholesale or assignment. Please note that some photos are from when the owner rehabbed it and may not reflect the current condition of the property.
Investor Special near Broad Avenue and the Memphis Zoo near midtown. This Duplex is occupied for $1,390 with long standing tenants and professionally managed. Unit 1 is rented for $695 and the lease ends August 2026. Unit 2 is rented for $700 and the lease ends in August 2025. Unit 1 is a 2 bed and 1 bath unit and Unit 2 is a 2 bed and 2 bath unit. Duplex being sold "as is" and some TLC is needed. Do not Disturb tenants. Showing upon accepted offer. Call listing agent today!
Take a moment to explore this charming historic home, located in a sought-after neighborhood. This 1929 residence, originally a single-family home, offers incredible potential. With a simple re-installation of the stairway, it can be restored to its original 5-bedroom layout, plus additional living space. Spanning approximately 3,300 square feet, this home is well worth a closer look to fully appreciate what it has to offer. Once a 4-bedroom, 2-story single-family home, it has been thoughtfully modified to include a 2-bedroom, income-producing apartment on the upper level. The apartment features a full kitchen, breakfast nook, cozy fireplace, bath, laundry area, and bonus office space. The modifications were made in such a way that the home can easily be returned to its single-family configuration. Whether youâ??re seeking a spacious family home or envisioning possibilities like a multigenerational living setup, home office, art studio, or even a rental income option, this property o