Refine Search
Sort by
$155,000
3 Beds 2 Baths 10225239 MLS
ATTENTION INVESTORS! Tenant occupied property that would make an excellent addition to your rental portfolio. This 4 bedroom, 2 bathroom brick home is rented for $1,525/month to a Section 8 tenant with a lease secured until June 30, 2027. Tenant moved in July 1, 2025 and just renewed their lease for another 12 months. Roof, AC Condenser, Furnace replaced July 2020. Water heater replaced September 2022. Home was refreshed in 2025 and features new carpet, fresh paint, a spacious living room and bonus room that can serve as a 4th bedroom, covered parking and a spacious fenced-in backyard. Priced to sell near the desired 1% Rule. Seller is also selling 3962 Sloan St and 2919 Bede Rd (you can buy them individually or in bulk). Please do not disturb the tenant. Tenant ledger, lease and maintenance report are available upon request. No wholesalers, assignments or creative or owner financing.

1864 Macaulay Ave, Memphis

$130,000
4 Beds 2 Baths 10224807 MLS
VA/FHA Approved home! Seller offering rate buy down on DSCR loans for this property and a 1 year everything warranty also 4 bed, 2 bath brick home in Memphis fully renovated, this property is generating income from day one. No rehab costs, no holding costs while you wait on repairs, just collect the rent checks from the property manager! This home is rented at $1195 on an annual Section 8 lease putting your potential gross yield in the 10-12% range at asking price. (do your own due diligence) Solid numbers for a single-family buy and hold. The brick construction means low exterior maintenance and durability that newer vinyl sided homes can't match. Updates are already done, so your capital goes toward acquiring the asset, not fixing it. Memphis continues to attract investors with its low entry prices, strong rental demand, and landlord-friendly Tennessee laws like no rent control, straightforward eviction process, and no state income tax.

194 E Biscayne Rd, Memphis

$164,000
3 Beds 1.1 Baths 10223297 MLS
ATTENTION INVESTORS!! This brick home is rented for $1,525/month to a Section 8 tenant with a lease secured until January 31, 2027. Home features spacious living room, updated eat-in kitchen, 3 spacious bedrooms and a large bonus room in back (could be marketed as a 4 bedroom for rental), back deck and large fenced-in backyard. Renovated in November 2025. Crawlspace is encapsulated. Laminate hardwood throughout, brand new carpet in bonus room. Stable cash flow and a good blend of investor and owner occupants in the area make this an attractive investment for anyone looking to add value to their portfolio! Lease and rent rolls available upon request. No seller financing, creative financing or wholesale offers. Professionally managed, do not disturb tenant.

3962 Sloan St, Memphis

$299,900
10217072 MLS
Investor opportunity! Six unit multifamily property consisting of 6 2bed/1bath units with approximately 3,888 total square feet. Each unit has individual utilities, helping reduce owner expenses. Six units offer upside: 4 are currently under rented & 2 are vacant. There is immediate value add and potential to boost cash flow! Units #1, #3, and #5 have been renovated, adding to the property’s appeal and rental potential. Unit #5 is rent ready, while Unit #2 was recently vacated and freshly painted. Unit #4 was renovated about two years ago and remains in good condition. Unit #6 has a long term tenant. Four units are equipped with gas wall heaters and two units feature newer hardwired electric heaters. *Current rents: Unit 1: $650, Unit 2: Vacant, Unit 3: $992 (Section 8), Unit 4: $600, Unit 5: Rent Ready, Unit 6: $525. Strong investment opportunity with value add potential.

736 Richmond Ave, Memphis

$324,900
4 Beds 2.1 Baths 10214908 MLS
Spacious 4 bedroom, 2.5 bath home on a huge fenced-in lot with an office or flex space. Updates include both HVAC units replaced in 2022, a tankless water heater, fence added in 2024, and leaf-guard gutters with a transferable lifetime warranty for added peace of mind. Inside you’ll find soft-close cabinetry and fireplaces in both the living room and kitchen, creating warm, inviting spaces. Enjoy outdoor living with a screened porch and separate patio with recently rebuilt pergola overlooking the expansive backyard. . Located in a high-demand area experiencing consistent appreciation and strong rental growth, this home is ideal for a growing family or a savvy investor seeking long-term upside. This is a relocation sale and will require all relocation documents to be signed along with contract. Call listing agent for a private tour today!

7705 Lynx Run Cv, Memphis

$164,900
3 Beds 2 Baths 10195995 MLS
This turnkey rental features new LVP flooring throughout, a full interior repaint, updated LED lighting, outlets, switches, and wall plates, and new pre-hung doors in every room. Two fully renovated bathrooms boast new tubs, tile, vanities, and fixtures. The kitchen remodel includes shaker cabinets, Formica counters, a new sink, and vent hood, with walls opened for a modern layout. Exterior updates include a fresh Gauntlet Grey paint with white trim, repaired siding, concrete, and roofing, all-new exterior doors with smart locks, a new mailbox, refreshed landscaping with mulch and flower beds, and fence and shed repairs. Additional upgrades include a new 40-gallon water heater, serviced HVAC (2017), new thermostat, smoke and CO detectors, and fire extinguisher. Deep cleaned and ready for Section 8 inspection, this property is ideal for a long-term hold in a stable market. TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Owner/Agent

1041 Richland Dr, Memphis

Some or all of the listings displayed may not belong to the firm whose website is being visited

board logo

Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.