Memphis TN Homes for Rent

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Type:
Single Family-Detached
Sq.Ft.:
1,199
Status:
Active
Beds:
2
Lot size:
0.18 Acres
Year built:
1940
Baths:
1.00
MLS#:
10189205
Subdivision:
RUGBY FOURTH ADDITION

ADDITIONAL INFORMATION

Priced below appraised value of $75,000. This 2-bedroom, 1-bath home offers a fantastic opportunity for investors or an individual. Additional room that could be used as a third room. The home features a practical layout, spacious yard, and close access to local amenities. This property has been a great income generator for the seller and an opportunity to add to your portfolio. Three additional properties are available to purchase as a package. (2141 Clifton, 1823 Portland Ave, and 1928 Cedarhurst) Properties are available for showings after a bound contract.

Type:
Single Family-Detached
Sq.Ft.:
1,399
Status:
Active
Beds:
3
Lot size:
0.16 Acres
Year built:
1968
Baths:
1.10
MLS#:
10189146
Subdivision:
SOUTHWOOD MANOR

ADDITIONAL INFORMATION

Fantastic investment opportunity in the Shelby area. This 3br/1.1 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $1,000/month. Currently on month to month. 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.:
999
Status:
Active
Beds:
3
Lot size:
0.32 Acres
Year built:
1952
Baths:
1.00
MLS#:
10189140
Subdivision:
PATRICIA HEIGHTS SEC F BLK 15

ADDITIONAL INFORMATION

Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $950/month. The lease ends on 02/28/2025. 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.:
1,199
Status:
Active
Beds:
3
Lot size:
0.23 Acres
Year built:
1958
Baths:
1.00
MLS#:
10189139
Subdivision:
WOODLAND ESTATES SEC A

ADDITIONAL INFORMATION

Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $723/month. The lease ends on 09/30/2025. 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.:
1,199
Status:
Active
Beds:
3
Lot size:
0.24 Acres
Year built:
1980
Baths:
1.00
MLS#:
10189138
Subdivision:
CEDARWOOD SEC J

ADDITIONAL INFORMATION

Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $841/month. The lease ends on 04/30/2025. 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.:
1,199
Status:
Active
Beds:
3
Lot size:
0.28 Acres
Year built:
1973
Baths:
1.00
MLS#:
10189133
Subdivision:
BRECKENWOOD SEC F

ADDITIONAL INFORMATION

Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No blind offers and no wholesaler or assignment of contract offers will be accepted.

Type:
Single Family
Sq.Ft.:
1,140
Status:
Active
Beds:
3
Lot size:
0.12 Acres
Year built:
1946
Baths:
1.00
MLS#:
2785773
Subdivision:
Jefferson Park

ADDITIONAL INFORMATION

Handyman Special! Come add your special touch and turn this house into a home. This property offers great potential for an investor looking to expand their portfolio for a rental and/or flip. With a central location in a good neighborhood, it is ready to be renovated or repurposed to maximize returns.

Type:
Single Family-Detached
Sq.Ft.:
1,199
Status:
Active
Beds:
3
Lot size:
0.22 Acres
Year built:
1956
Baths:
1.00
MLS#:
10189105
Subdivision:
FRAYSER VIEW S/D OF LOTS 24 & 25

ADDITIONAL INFORMATION

Great all brick 3 bed 1 bath fully renovated home! Tastefully done renovation featuring new HVAC, water heater, LVP flooring, 6 panel doors, double pane vinyl window, and a tiled bathroom. You'll love relaxing in your great fenced in back yard. Check out the large open kitchen plan and beautiful white cabinetry! The home has TONS of natural light coming in from everywhere. This home qualifies for the Pinnacle 100 program which is great for newer home owners! The owner is also offering a 1 year warranty on the home and tenant placement for market rent potentially around $1500 per month if you are looking to purchase a turn key rental property. This home will not disappoint!

Type:
Single Family-Detached
Sq.Ft.:
999
Status:
Active
Beds:
3
Lot size:
0.12 Acres
Year built:
1961
Baths:
1.00
MLS#:
10189107
Subdivision:
RIDGEGROVE B

ADDITIONAL INFORMATION

Welcome home to this perfect redone from head to toe home on Range Line Rd! This home boasts a new roof, hvac, water heater, electric, plumbing and all finishes! Speaking of finishes, this home has LVP flooring, shaker cabinets and brushed bronze hardware, the option for a gas or electric range, laundry hookups and beautiful carpet in the bedrooms. You won't find a better starter home or turn key rental property than this one! You won't have to do a thing to this home with the 1 year warranty that covers everything from top to bottom and if you choose to use this for a rental, they will place your first tenant for you. The fenced in yard will be a dream come true for all your outdoor adventures. This home qualifies for the pinnacle 100 program as well if you qualify which makes buying this home a no brainer! Take a peek today! Seller is providing 1 year warranty and tenant placement with potential rent of $1300-$1350 per month

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
4.45 Acres
Baths:
MLS#:
10189089
Subdivision:
MEMPHIS & HOPEFIELD

ADDITIONAL INFORMATION

Rural lot in Northern Shelby County.

Type:
Single Family-Detached
Sq.Ft.:
1,599
Status:
Active
Beds:
3
Lot size:
0.31 Acres
Year built:
1957
Baths:
2.00
MLS#:
10189099
Subdivision:
NORTH ALTA VISTA 4TH ADDITION

ADDITIONAL INFORMATION

You'll love all the natural light, fresh paint, large den, & separate living room. The original, refinished hardwood floors are stunning. The kitchen, has new flooring, painted cabinets, & beautiful new countertops. Both bathrooms have been completely remodeled - beautiful tile, new vanities, new lights. This home has a closed patio overlooking a huge back yard. Bar & Stools go w/ property.

Type:
Single Family-Detached
Sq.Ft.:
999
Status:
Active
Beds:
2
Lot size:
0.19 Acres
Year built:
1931
Baths:
1.00
MLS#:
10188994
Subdivision:
RUGBY 3RD

ADDITIONAL INFORMATION

This 2-bedroom, 1-bath home offers a fantastic opportunity for investors. With previous rents at $788/month, itâ??s already proven to generate income, making it a solid investment option. The home features a practical layout, spacious yard, and close access to local amenities. This property is ideal for those who want to renovate and add value or move in and make it their own at an affordable price. If youâ??re looking for your next investment, this property has plenty of potential! Part of a package purchase 2141 Clifton Ave, 1823 Portland Ave, and 1928 Cedarhurst.

Type:
Single Family-Detached
Sq.Ft.:
1,199
Status:
Active
Beds:
2
Lot size:
0.35 Acres
Year built:
1928
Baths:
1.00
MLS#:
10188993
Subdivision:
RUGBY THIRD ADDITION

ADDITIONAL INFORMATION

This 2-bedroom, 1-bath home offers a fantastic opportunity for investors. With previous rents at $788/month, itâ??s already proven to generate income, making it a solid investment option. The home features a practical layout, spacious yard, and close access to local amenities. This property is ideal for those who want to renovate and add value or move in and make it their own at an affordable price. If youâ??re looking for your next investment, this property has plenty of potential! Part of a package purchase 2141 Clifton Ave, 1823 Portland Ave, and 1928 Cedarhurst.

Type:
Single Family-Detached
Sq.Ft.:
999
Status:
Active
Beds:
2
Lot size:
0.24 Acres
Year built:
1948
Baths:
1.00
MLS#:
10188992
Subdivision:
00507C01

ADDITIONAL INFORMATION

This 2-bedroom, 1-bath home offers a fantastic opportunity for investors. With previous rents at $788/month, itâ??s already proven to generate income, making it a solid investment option. The home features a practical layout, spacious yard, and close access to local amenities. This property is ideal for those who want to renovate and add value or move in and make it their own at an affordable price. If youâ??re looking for your next investment, this property has plenty of potential! Part of a package purchase 2141 Clifton Ave, 1823 Portland Ave, and 1928 Cedarhurst.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
20 Acres
Baths:
MLS#:
10189088
Subdivision:
Neighborhood: 00502A00 /N Suzore S-Boals E Powers

ADDITIONAL INFORMATION

Rural land in Shelby County.

Type:
Single Family-Detached
Sq.Ft.:
1,599
Status:
Active
Beds:
2
Year built:
1964
Baths:
2.00
MLS#:
10189226
Subdivision:
GWYNNS HAWKINS MILL RD

ADDITIONAL INFORMATION

Type:
Industrial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1988
Baths:
MLS#:
10188803
Subdivision:
Unknown

ADDITIONAL INFORMATION

1200 Sq Ft Garage/Shop, Lift, Compressor, 16x16 Garage Door, HVAC unit 1.5 years old, New Electrical Box, New LED lighting, New Roof, Covered Parking with New Awning, one full bath and one-half bath. 680 Sq Ft of Office Space with full Kitchen.

Type:
Single Family-Detached
Sq.Ft.:
1,199
Status:
Active
Beds:
3
Lot size:
0.35 Acres
Year built:
1948
Baths:
1.00
MLS#:
10188785
Subdivision:
RUGBY FOURTH ADDITION

ADDITIONAL INFORMATION

***Great opportunity for owner/occupant and investors*** This well-built, charming home sits on a spacious corner lot across from newly built homes and has it all. It is a 3bed/1bath home that has just been fully renovated offering an updated kitchen and bathroom, new LPV floors in the kitchen and large separate laundry room, newly finished original hardwood throughout the rest, a brand-new HVAC system, updated water heater, updated lighting and fresh paint. The third bedroom has beautiful built-in book cases and could be used as a cozy study. It also features an enclosed front porch, side deck, sizable side /back yard with covered patio/outdoor fire pit, a generous garage with workshop and a double drive, you can easily entertain guests or enjoy private outside activitiesâ?¦. This property is ready for the next occupant!!!!! So come check out this unique opportunity that offer so much.

Type:
Single Family-Detached
Sq.Ft.:
1,399
Status:
Active
Beds:
3
Lot size:
0.2 Acres
Year built:
1949
Baths:
1.00
MLS#:
10188843
Subdivision:
RUGBY SECOND ADDITION

ADDITIONAL INFORMATION

GREAT INVESTMENT OPPORTUNITY! This 3 bedroom, 1 bathroom home has been rented to the same tenant for 3 years. Rented for $895/month, lease is good until 11/30/2025. Home was completely renovated in August 2021 including- brand new AC condenser, furnace & A-coil, water heater, brand new kitchen countertops, plumbing fixtures, carpet, and much more! Maintenance records, rehab scope of work and tenant payment history available upon request. Professionally managed, do not disturb tenant. No showings without an accepted offer

Type:
Single Family-Detached
Sq.Ft.:
1,199
Status:
Active
Beds:
3
Year built:
1972
Baths:
1.00
MLS#:
10188787
Subdivision:
SCHOOLFIELD ST ELMO

ADDITIONAL INFORMATION

This home features 3 bedrooms with eat in kitchen, den, and big backyard. Home is being sold "As Is" but in good condition for HOME or INVESTMENT. Can show anytime! Call LA for appointments.

Type:
Single Family-Detached
Sq.Ft.:
999
Status:
Active
Beds:
3
Lot size:
0.17 Acres
Year built:
1960
Baths:
1.00
MLS#:
10188639
Subdivision:
FRAYSER GROVE FIRST ADDN

ADDITIONAL INFORMATION

Welcome to this charming 3 bedroom, 1 bathroom home located in a quiet neighborhood of Memphis. This cozy home offers a spacious living room with plenty of natural light, perfect for family gatherings or relaxing after a long day. The kitchen features ample cabinet space, sleek countertops, and modern appliances, ideal for preparing your favorite meals. The three well-sized bedrooms provide plenty of closet space, while the full bathroom is conveniently located for easy access. The large, fenced-in backyard is perfect for outdoor activities,

Type:
Single Family-Detached
Sq.Ft.:
1,599
Status:
Active
Beds:
3
Lot size:
0.46 Acres
Year built:
1963
Baths:
2.00
MLS#:
10188613
Subdivision:
OAK GROVE PARK RE S/D OF PT GRAHAM HE

ADDITIONAL INFORMATION

This Oak Grove Park home has awesome SPACE for entertaining and outdoor activity! Over 1500 sf with 3 bdrms and 2 full baths! Some recent updates and painting. Inviting covered front porch. Two living areas - a den plus a tiled great room with a wood burning fireplace. Kitchen and breakfast room are also tiled. Open kitchen area has lots of storage and a new ventahood. The carport has an adjacent extended driveway for parking additional cars. Out back is a covered patio/storage area and a screened in porch! Fenced backyard has a driveway gate to a wonderful slab, perfect for a garage or workshop. Plenty of room, too, for extra parking or for your outdoor barbeques! Special downpayment financing available! Call your favorite agent to see today!

Type:
Single Family-Detached
Sq.Ft.:
1,599
Status:
Active
Beds:
3
Lot size:
0.48 Acres
Year built:
1949
Baths:
1.00
MLS#:
10188564
Subdivision:
ALTA VISTA 2ND ADDN

ADDITIONAL INFORMATION

Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $1,195/month. The lease ends on 12/31/2025. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted. Brand new exterior and interior paint, new kitchen, new LVP flooring throughout, except tile in bathroom, HVAC cage.

Type:
Single Family-Detached
Sq.Ft.:
999
Status:
Active
Beds:
3
Lot size:
0.16 Acres
Year built:
1971
Baths:
1.00
MLS#:
10188544
Subdivision:
MORTHAVEN BLK A

ADDITIONAL INFORMATION

Great investment opportunity. Tenant moved out 2 weeks ago and occupied the property for more than 8 years. HVAC and water heater are running at its best capacity. Home needs some updating/renovations but will make great rental property.

Type:
Single Family-Detached
Sq.Ft.:
1,399
Status:
Active
Beds:
4
Lot size:
0.24 Acres
Year built:
2025
Baths:
2.00
MLS#:
10188516
Subdivision:
ORCHARD CREST

ADDITIONAL INFORMATION

Investor special!! Low Maintenance, Brand New Construction! 4 bed 2 bathroom in a great location! One year Builder's Warranty included. Hardi-Plank exterior, Double Insulated Windows. Interior features include Low Maintenance stained concrete floors, custom kitchen cabinets and bathroom vanities with granite counter-tops, upgraded plumbing and light fixtures throughout. Stove/range, vent-a-hood, dishwasher and food disposal included. MHA rent comps $1,650-$1,750 per month. Do not miss out on this opportunity!

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26–50 of 174 properties displayed
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 2025 Memphis Area Association of REALTORS. All rights reserved.

Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

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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 38127 has a population of 634,139. Memphis 38127 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 38127 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 38127 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

    174
    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
Brookmeade Elementary PK - 05 316 16 38127
Corning Achievement Elementary PK - 05 312 18.4 38127
Denver Elementary PK - 05 596 19.9 38127
Frayser Achievement Elementary PK - 05 336 19.8 38127
Georgian Hills Achievement Elementary School PK - 05 358 21.1 38127
Hawkins Mill Elementary PK - 05 346 18.2 38127
Lucie E. Campbell Elementary PK - 05 369 16.8 38127
Northaven Elementary School PK - 08 351 9.8 38127
Westside Elementary PK - 05 319 15.9 38127
Whitney Achievement Elementary School PK - 05 446 22.5 38127

Middle Schools near Memphis, TN

School Grades Students P/T Ratio ZIP
Georgian Hills Middle School 06 - 08 310 18.8 38127
Grandview Heights Middle 06 - 08 703 32.7 38127
Westside Achievement Middle School 06 - 08 369 19.4 38127
Westside Middle 07 - 08 0 38127

High Schools near Memphis, TN

School Grades Students P/T Ratio ZIP
Martin Luther King Preparatory High School 09 - 12 602 38127
Memphis Business Academy High School 09 - 12 383 20.2 38127
Pathways in Education - TN 07 - 12 221 22.1 38127
Trezevant High School 09 - 12 578 30.4 38127

Ungraded Schools near Memphis, TN

School Grades Students P/T Ratio ZIP
* Trezevant Career and Technical School 09 - 12 0 0 38127

Demographics near Memphis, TN 38127

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