Memphis, TN · Curated MLS Search

Turnkey Rental Homes in Memphis, TN

An editorially curated view of every active turnkey rental homes listing in Memphis, TN. Updated in real time from the local MLS, presented without the noise.

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Memphis Market — Turnkey Rental Homes Comparison

Live MLS data — citywide vs. Turnkey Rental Homes

Memphis
Turnkey Rental Homes
inventory
Active Listings
3,269
1
Sold (Past 6 Mo.)
3,049
1
Under Contract
675
0
pricing
Avg. List Price
$244,168
—
Cost / Sq. Ft.
$182
—
typical home
Living Area
3,155 ft²
—
Avg. Beds
3.0
—
Avg. Baths
1.8
—
Days on Market
135
—

Turnkey Rental Homes in Memphis: Market Data

Data as of (MLS snapshot; listings below update live)

As of October 19, 2026, Groome & Co Realtors' review of MLS data shows 1 active listing for Memphis turnkey rental homes. Listings like these do not come up often in Memphis. Over the past six months, 1 listing in this search sold. In a market this small, a listing alert is the most reliable way to hear about the next one.

Turnkey Rental Homes in Memphis, TN, October 19, 2026
MeasureValue
Active listings1
Sold, past six months1

Market questions

How many Memphis turnkey rental homes are for sale?

There was 1 active listing for Memphis turnkey rental homes as of October 19, 2026, based on Groome & Co Realtors' review of MLS data.

How many Memphis turnkey rental homes sold in the past six months?

There was 1 sale of Memphis turnkey rental homes in the six months before October 19, 2026.

Listing data courtesy of the Memphis Area Association of REALTORS®.

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View All Memphis TN Turnkey Rental Homes Listings

2978 Millers Pond Dr, Memphis
$185,500
2 Beds ⋅ 1 Baths ⋅ 10220161 MLS
Completely renovated and move-in ready, this beautifully updated 2-bedroom home offers effortless living in a secure gated community. Every detail has been thoughtfully refreshed, creating a modern, stylish space perfect for comfortable everyday living or a low-maintenance lifestyle. Enjoy the rare opportunity of an assumable FHA mortgage with an interest rate below 3%, providing significant savings for qualified buyers. The open and inviting layout maximizes space and natural light, while updated finishes throughout give the home a fresh, contemporary feel. Located in a well-maintained community with NO RENTALS allowed, this property offers added stability and pride of ownership ideal for those seeking a true residential environment. Whether you’re downsizing, purchasing your first home, or simply looking for a turnkey property in a gated setting, this is the perfect place to call home. Schedule your showing today!

2978 Millers Pond Dr, Memphis
84 N Holmes St, Memphis
$265,000
4 Beds ⋅ 2 Baths ⋅ 10214058 MLS
Turnkey Duplex | Fully Renovated | STR Income + House Hack Opportunity Freestanding duplex featuring two spacious 2 bed / 1 bath units, fully renovated in 2023 and currently operating as successful short-term rentals with strong cash flow. Each unit offers modern finishes, private entrances, and dedicated outdoor space, creating the perfect setup for guests, long-term tenants, or an owner-occupant. Major upgrades completed in 2023 include: ? New electrical ? New plumbing ? New HVAC systems ? New roof ? New water heaters ? New flooring ? New countertops & cabinets Ideal for investors or savvy buyers looking to house hack — live in one unit while renting the other to significantly offset or potentially cover your mortgage. Flexible investment options: • Continue operating as short-term rentals (STRs) • Convert to long-term rentals (LTRs) • Live in one side and rent the other Located in a high-demand area with proven rental performance, this property is 100% turnkey and income-ready.

84 N Holmes St, Memphis
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