The median home value in Memphis, TN is $191,000.
This is
higher than
the county median home value of $131,400.
The national median home value is $219,700.
The average price of homes sold in Memphis, TN is $191,000.
Approximately 63.54% of Memphis homes are owned,
compared to 27.21% rented, while
9.24% 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!
Discover a remarkable opportunity to acquire 20+ acres of prime land located just minutes away from Memphis Airport and FedEx World Hub, also offering easy access to railways and major highways. Ample space for various development possibilities, donâ??t miss this unique chance to own a substantial piece of land in Memphis.
Investor resale. Tenant Occupied with new lease. Do not approach tenant! New water heater and AC unit installed 09/2024.
Fantastic investment opportunity in the Shelby area. This 3br/1.1 bath single-family home is in the 38118 area. Cash flowing with a monthly rental amount of $1,065/month. The lease ends on 01/31/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.
Lovely 3 bedroom 2 bathroom home with new interior paint, new carpet, new vinyl plank floors, plus roof is less than 2 years old! Large home with big backyard, covered parking, huge den, plus OPEN FLOOR PLAN (perfect for entertaining). Seller open to installing a new stove with acceptable offer plus helping with closing costs & providing a home warranty. Home is in good shape! FHA/VA/ Conventional buyers are welcome! Home qualifies for special 100% financing plus $25K City of Memphis DPA!
What a great property for an investor - 2 long-term tenants in place, room to grow rents & do work if you want to BRRRR it. The Seller says it's one of their best-performing properties as the rents just come in every month with no issues. One side is rented for $575 & the other is $705, can be $1100+/side with some updating with an ARV of around $220-240,000! Great area, by a school & on a cove - it will be an awesome addition to your portfolio! *No seller-financing or wholesaler offers.*
**Totally Renovated** This property has been renovated from top to bottom and includes new tile throughout the home, new cabinets, stone countertops, refinished original hard wood floors, all new fixtures and will also include new stainless steel appliances.
Please do not disturb tenant. Excellent investment opportunity. Single family home being sold with a tenant in place. Tenants rights apply. Do not disturb tenants. No showings without an accepted offer. Call with any questions.
Please do not disturb tenant. Excellent investment opportunity. Single family home being sold with a tenant in place. Tenants rights apply. Do not disturb tenants. No showings without an accepted offer. Call with any questions.
Three bedroom one and a half bath home in MOVE-IN CONDITION. Home has new interior/exterior paint, new carpet, new LVP, new vent hood, painted cabinets, & new countertops. Seller to help with closing costs, home warranty & provide new stove & new A/C with acceptable offer. FHA/VA/Conventional offers welcome! Home has covered parking and large back yard! Home qualifies for 100% financing through City of Memphis DPA (25k). Nothing to do but move-in! Nice home on one level!
REO PROPERTY - Buyer to remove tenant, seller will deliver clear and marketable title. No showings. Do not disturb tenant
A beautifully RENOVATED house comes with LOT OF UPDATES , nested in a well established neighborhood and with a HUGE GREAT ROOM and living room separate dining room, FRESHLY PAINTED INSIDE OUT with NEW FLOOR, NO CARPET, UPDATED BATHROOMS, UPDATED KITCHEN with QUARTZ COUNTER TOPS, SS NEW APPLIANCES, NEW LIGHT FIXTURES, new HARDWARE, -SUN ROOM - at the back with a private wood fence, two separate door car garage. Must go see!
Great investment property. Currently rented at $975 on a month to month lease. No showing until a contract.
Beautifully renovated 3 bedroom/1.5 bath home on one level! Pretty laminate hardwood & updates fixtures in living room & kitchen ~ Covered entry opens to the bright, spacious living room ~ Eat-in kitchen offers painted cabinets, stainless steel appliances, and pretty counter tops ~ Large main bedroom with great natural light & attached half bath ~ Updated light fixture & vanity in both baths ~ Big backyard! Great for an investment property or owner occupant. Move-in Ready. This is a must see!
4 bedroom/1 bath home on one level: The roof was re-done in 2022. HVAC & Water heater were replaced in 2020. Covered from entry ~ Good-sized rooms ~ Separate living room and dining room ~ 4th bedroom with laundry closet off of the kitchen. Property does need TLC, some exterior work, and landscaping done.
Great Residence or Perfect Investment Property! Fully Furnished with high quality, unique furniture, accessories, tv's, kitchen appliances, W&D, dishes & more! Everything stays & is waiting for a new owner! New AC, Roof, both baths upgraded with new tile and fixtures, flooring, furniture with fine linens and bedspreads, unique decor including paintings, lighting and artifacts. Close to the MEM AP, shopping and expressways. Don't let this one slip by!
Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38118 area. Cash flowing with a monthly rental amount of $824.25/month. The lease ends on 11/30/24. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.
Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $960 per month and is on a lease until 5/31/2025. This property was fully renovated in 2023 and a new furnace, HVAC and hot water heater were installed at that time. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.
3-bedroom, 2-bath home perfect for investors or first-time buyers! Large living areas, complete with great room, den, and kitchen dining combo. On a large lot with a carport AND a storage room. Close to shopping, restaurants and public transportation.
Great investment property, being sold AS-IS.
Introducing an exceptional opportunity! This expansive 9+acre lot presents an ideal canvas for a variety of residential developments. Strategically located in close proximity to an Amazon plant and other major employment facilities, this prime piece of land offers immense potential for both single-family housing and multi-unit projects. Just a few feet from existing single residential properties, the location presents a unique investment prospect for developers and homebuilders alike!
Fantastic investment opportunity in the Shelby area. This 4br/2.1 bath single-family home is in the 38118 area. Cash flowing with a monthly rental amount of $1,300/month. The lease ends on 05/31/2025. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.
Spacious 4 bed 2 full bath property with den and living room. Property has 2 car garage in back yard with a lot of parking space would be great for investor or owner occupant. Lot of repairs done recently including siding repairs, window repairs, roof repairs, and full painting on interior walls doors and trim throughout property to make property move in ready. Property is being sold as is.
Great religious facility with daycare operations for up to 25 children. Not far from I-240 and great visibility on Knight Arnold. Church can seat up to 150 people. Large parking lot and 1.2 acre lot. Selling Church AS IS! No repairs! Since Daycare is in operation, hours to show property will be limited to 5:30 pm - 6 pm or Sat. between 9-11 am.