The median home value in Memphis, TN is $185,000.
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 $185,000.
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!
Great investment opportunity for buy and hold or to build on
Great investment opportunity to buy and hold or build on.
Prime vacant lot at 595 Stephens Pl, Memphis, TN 38126. Perfect for SFR new construction. Convenient location near downtown, offering excellent investment potential! Also selling 594 Stephens Pl (directly across the street).
Prime vacant lot at 594 Stephens Pl, Memphis, TN 38126. Perfect for SFR new construction. Convenient location near downtown, offering excellent investment potential! Also selling 595 Stephens Pl (directly across the street).
Investor opportunity! This 6-unit apartment building features five units leased at $800 each, with one vacant unit. Each unit has 2 bedrooms and 1 bathroom, and the property offers ample tenant parking. The roof was replaced in 2019, and central heat and air were updated in 2018. The sale includes an additional lot at 487 Walker Ave. Property is being sold as-is.
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.
Great parcel of land for a developer or investor! Willing to sell as a bundle with other lots.
Great parcel of land for a developer or investor! Willing to sell as a bundle with other lots.
Great parcel of land for a developer or investor! Willing to do a bundle deal!
GREAT PARCEL OF LAND FOR A DEVELOPER/INVESTOR!
This listing is for 25 home lots. 648 E Pontotoc Ave is just one of the 25 lots. Zoning is RU-4 on these lots. Buyer can building single family homes or possibly combine lots to build Multifamily. Call agent to get a flyer with a detailed map of the lots.Total Acreage of the 25 lots is 3.47 acres
Renovation is now complete. We are now marketing for lease. Gross potential rent is $3,610/month. Complete turnkey investment. Start making money day one!
2 Vacant Lots for investors to build on or for home buyer to build.
Vacant Lot for home buyer to build on.
Prime land ready for building. Just a skip away from downtown. Vacant lot can be viewed anytime. Cleared and ready to build on!
Here is a wonderful opportunity to add to your retail portfolio
DO NOT DISTURB TENANTS--Centrally located near Downtown Memphis, LeMoyne-Owen College, and the Stax Museum, this 5-Unit Garden apartment is sure to impress. New iron stairs on both ends were replaced March 2024. New roof, plumbing, electrical, and mechanical work completed January 2022. Currently 100% occupied. Annual scheduled rents of $38,820, with potential of $42,000 annual rents. Investors only, please call for more 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.
Please send all offers to agent.
Truly Cool & Unique Restaurant/Bar! Sweet Opportunity! Outstanding Event Venue Constructed of Multiple Silos! Seating for 60 in Main Dining/Bar area! Large Covered Seating Area Out Back! Courtyard, Stage area, Stone/Brick Smoking Pit! Waterfalls! Large Outdoor Gathering Area on lease from CSX Railroad-will transfer lease. Nice sized kitchen (approx 1,200 sq ft). Walk-in Coolers! Stand up Freezers! Flat top. Grill. Flatbread Oven. Prep Station. All Equipment Included...
Great opportunity to own a business in a busy traffic area! Formerly a restaurant and event center; this corner lot property has a large dining room, stage area, 2 bathrooms, office, and 3 additional offices upstairs. Roof is 1 year old and HVAC is 5 yrs old. Owner leaving all commercial grade appliances, including convection ovens, gas stoves, walk in cooler, and dining tables and chairs! Close to FedEx Forum, Beale St and surrounded by new construction!
Great location to build a home! Close to all of the downtown attractions!
Commercial Lot in high traffic area, across the street from beautiful multifamily complex. Minutes to downtown, FedExForum and South Main Art District, this property was purchased in tax sale, Buyer to perform all due diligence prior to closing. Being sold AS-WHERE IS.
Exceptional 42,000 sq. ft. CMU-1 property in Memphis's South City District, just outside downtown. Ideal for mixed-use development with newly added roof and flexible zoning. Perfectly situated near the Entertainment and Medical Districts, The South City District is rapidly evolving, making this an unparalleled investment opportunity. Seize the chance to be part of Memphisâ??s exciting transformation. Contact us today to explore how this property can become a key asset in your investment portfolio.