Real Estate Investment Properties for Sale in Memphis, IN

Looking for investment property in Memphis, IN with high ROI ?

Explore a variety of short-term homes & houses in Memphis, IN. Invest wisely with VRBO & Memphis, IN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Memphis, IN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2403 Johnson Pass Memphis, IN Welcome to this stunning 2024-built home in the desirable Fairview Farms Subdivision! Pric...	3 beds \| 2 baths \| 1,215 sq.ft.	$274,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.35% Airbnb Rental Income: $null Traditional Rental Income: $1981 Airbnb ROI: N/A Traditional ROI: 5.35%
2216 Pine Tree Lane Memphis, IN Welcome to Fairview Farms, one of the area's most Sought-After Communities! This Stunning ...	4 beds \| 3 baths \| 2,681 sq.ft.	$479,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.14% Airbnb Rental Income: $null Traditional Rental Income: $2802 Airbnb ROI: N/A Traditional ROI: 4.14%
5709 Harmony Woods LOT#1001 Memphis, IN Eligible for USDA Rural Housing (if you qualify). You could own this home with no money do...	3 beds \| 2 baths \| 1,425 sq.ft.	$284,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.56% Airbnb Rental Income: $null Traditional Rental Income: $2090 Airbnb ROI: N/A Traditional ROI: 5.56%
5707 Harmony Woods LOT#1002 Memphis, IN * ASK ABOUT OUR RATE BUYDOWN AND NO CLOSING COSTS OPTIONS.* MOVE-IN READY* This beautiful...	3 beds \| 2 baths \| 1,400 sq.ft.	$284,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.56% Airbnb Rental Income: $null Traditional Rental Income: $2090 Airbnb ROI: N/A Traditional ROI: 5.56%
5706 Harmony Woods LOT#1023 Memphis, IN ASK ABOUT OUR INTEREST RATE BUYDOWN AND NO CLOSING COSTS OPTIONS. First year could be as l...	3 beds \| 2 baths \| 1,285 sq.ft.	$264,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.67% Airbnb Rental Income: $null Traditional Rental Income: $1981 Airbnb ROI: N/A Traditional ROI: 5.67%
5703 Harmony Woods LOT#1004 Memphis, IN ASK ABOUT OUR RATE BUYDOWN AND NO CLOSING COSTS OPTIONS. MOVE-IN READY* Experience the I...	3 beds \| 2 baths \| 1,425 sq.ft.	$284,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.57% Airbnb Rental Income: $null Traditional Rental Income: $2097 Airbnb ROI: N/A Traditional ROI: 5.57%
5712 Harmony Woods LOT#1025 Memphis, IN * ASK ABOUT OUR RATE BUYDOWN AND NO CLOSING COSTS OPTIONS. MOVE-IN READY This beautifu...	3 beds \| 2 baths \| 1,285 sq.ft.	$264,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.72% Airbnb Rental Income: $null Traditional Rental Income: $1994 Airbnb ROI: N/A Traditional ROI: 5.72%
5708 Harmony Woods LOT#1024 Memphis, IN 100% financing through USDA Rural Housing or VA... You could own this brand new home with ...	3 beds \| 2 baths \| 1,305 sq.ft.	$257,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.98% Airbnb Rental Income: $null Traditional Rental Income: $2003 Airbnb ROI: N/A Traditional ROI: 5.98%
833 Kings Court Memphis, IN Come check out The Whithaven Plan in Kingsland Fields! This floor plan is a gorgeous 3 bed...	3 beds \| 2 baths \| 1,563 sq.ft.	$329,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.08% Airbnb Rental Income: $null Traditional Rental Income: $2242 Airbnb ROI: N/A Traditional ROI: 5.08%
2222 Pine Tree Lane LOT#112 Memphis, IN Welcome to the âNew Libertyâ plan with 2090 sq ft of finished living space designed fo...	4 beds \| 3 baths \| 2,090 sq.ft.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.46% Airbnb Rental Income: $null Traditional Rental Income: $2651 Airbnb ROI: N/A Traditional ROI: 5.46%
13954 Deer Run Trace #LOT 425 Memphis, IN BUILDER WILL PROVIDE UP TO $5,000 TOWARDS BUYERS CLOSING COST WITH PREFERRED LENDER *Est...	3 beds \| 2 baths \| 1,472 sq.ft.	$309,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.42% Airbnb Rental Income: $null Traditional Rental Income: $2210 Airbnb ROI: N/A Traditional ROI: 5.42%
2428 Johnson Pass LOT#235 Memphis, IN Ask about our Rate Buydown and No Closing Costs Options * Estimated completion date is Lat...	3 beds \| 2 baths \| 1,390 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.53% Airbnb Rental Income: $null Traditional Rental Income: $2198 Airbnb ROI: N/A Traditional ROI: 5.53%
2426 Johnson Pass #LOT 236 Memphis, IN BUILDER WILL PROVIDE UP TO $5,000 TOWARDS BUYERS CLOSING COST WITH PREFERRED LENDER ESTI...	3 beds \| 2 baths \| 1,446 sq.ft.	$304,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.59% Airbnb Rental Income: $null Traditional Rental Income: $2249 Airbnb ROI: N/A Traditional ROI: 5.59%
2424 Johnson Pass #LOT 237 Memphis, IN BUILDER WILL PROVIDE UP TO $5,000 TOWARDS BUYERS CLOSING COST WITH PREFERRED LENDER ESTI...	4 beds \| 2 baths \| 1,787 sq.ft.	$344,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.35% Airbnb Rental Income: $null Traditional Rental Income: $2446 Airbnb ROI: N/A Traditional ROI: 5.35%
2608 Vineyard Way #LOT 227 Memphis, IN BUILDER WILL PROVIDE UP TO $5,000 TOWARDS BUYERS CLOSING COST WITH PREFERRED LENDER ESTI...	4 beds \| 3 baths \| 2,194 sq.ft.	$384,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.58% Airbnb Rental Income: $null Traditional Rental Income: $2797 Airbnb ROI: N/A Traditional ROI: 5.58%
2618 Vineyard Way LOT 232 Memphis, IN * ASK ABOUT OUR RATE BUYDOWN AND NO CLOSING COSTS OPTIONS.* Estimated Completion is Late D...	3 beds \| 2 baths \| 1,425 sq.ft.	$304,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.41% Airbnb Rental Income: $null Traditional Rental Income: $2198 Airbnb ROI: N/A Traditional ROI: 5.41%
2030 Fairview Farm Drive LOT 219 Memphis, IN ASK ABOUT OUR RATE BUYDOWN AND NO CLOSING COSTS OPTIONS. Estimated Completion is Late J...	3 beds \| 2 baths \| 1,425 sq.ft.	$309,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.33% Airbnb Rental Income: $null Traditional Rental Income: $2207 Airbnb ROI: N/A Traditional ROI: 5.33%
2617 Vineyard Way #LOT 210 Memphis, IN BUILDER WILL PROVIDE UP TO $5,000 TOWARDS BUYERS CLOSING COST WITH PREFERRED LENDER ESTI...	4 beds \| 3 baths \| 2,359 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.48% Airbnb Rental Income: $null Traditional Rental Income: $2860 Airbnb ROI: N/A Traditional ROI: 5.48%
2615 Vineyard Way #LOT 211 Memphis, IN BUILDER WILL PROVIDE UP TO $5,000 TOWARDS BUYERS CLOSING COST WITH PREFERRED LENDER ESTI...	4 beds \| 3 baths \| 2,156 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.48% Airbnb Rental Income: $null Traditional Rental Income: $2795 Airbnb ROI: N/A Traditional ROI: 5.48%
2616 Vineyard Way LOT 231 Memphis, IN Ask about our Rate Buydown and No Closing Costs Options * Estimated completion date is Ear...	3 beds \| 2 baths \| 1,390 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.53% Airbnb Rental Income: $null Traditional Rental Income: $2196 Airbnb ROI: N/A Traditional ROI: 5.53%
2610 Vineyard Way #LOT 228 Memphis, IN BUILDER WILL PROVIDE UP TO $5,000 TOWARDS BUYERS CLOSING COST WITH PREFERRED LENDER*The ...	4 beds \| 3 baths \| 2,231 sq.ft.	$374,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.9% Airbnb Rental Income: $null Traditional Rental Income: $2841 Airbnb ROI: N/A Traditional ROI: 5.9%
5503 Harmony Woods Memphis, IN Welcome to this beautifully updated home in the highly desirable Harmony Woods subdivision...	3 beds \| 2 baths \| 1,323 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.29% Airbnb Rental Income: $null Traditional Rental Income: $1964 Airbnb ROI: N/A Traditional ROI: 6.29%
13955 Deer Run Trace #LOT 404 Memphis, IN BUILDER WILL PROVIDE UP TO $5,000 TOWARDS BUYERS CLOSING COST WITH PREFERRED LENDER *Est...	4 beds \| 3 baths \| 2,274 sq.ft.	$394,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.6% Airbnb Rental Income: $null Traditional Rental Income: $2848 Airbnb ROI: N/A Traditional ROI: 5.6%
13969 Deerfield Crossing Memphis, IN Charming & beautifully designed ranch in Memphis, IN! This 1,648 sq. ft. split floor plan ...	3 beds \| 2 baths \| 1,648 sq.ft.	$314,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.05% Airbnb Rental Income: $null Traditional Rental Income: $2373 Airbnb ROI: N/A Traditional ROI: 6.05%

Real Estate investment in Memphis, IN

There are 28 properties for sale in the city of Memphis . The median list price in Memphis is $304,900 and the average price per square foot is $187. In December 2025, the average monthly cash on cash return in Memphis is 6.00%. The average monthly rental income in Memphis is $2,203.

Memphis, IN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 28 investment properties available for sale in Memphis.

In 2025, the best neighborhood to buy investment property is Memphis.

The ROI for Short-Term is higher than the Long-Term in Memphis with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Memphis, IN

2403 Johnson Pass

Memphis, IN

3 beds | 2 baths | 1,215 sq.ft.

$274,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.35%

Airbnb Rental Income: $null

Traditional Rental Income: $1981

Airbnb ROI: N/A

Traditional ROI: 5.35%

2216 Pine Tree Lane

Memphis, IN

4 beds | 3 baths | 2,681 sq.ft.

$479,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.14%

Airbnb Rental Income: $null

Traditional Rental Income: $2802

Airbnb ROI: N/A

Traditional ROI: 4.14%

5709 Harmony Woods LOT#1001

Memphis, IN

3 beds | 2 baths | 1,425 sq.ft.

$284,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.56%

Airbnb Rental Income: $null

Traditional Rental Income: $2090

Airbnb ROI: N/A

Traditional ROI: 5.56%

5707 Harmony Woods LOT#1002

Memphis, IN

3 beds | 2 baths | 1,400 sq.ft.

$284,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.56%

Airbnb Rental Income: $null

Traditional Rental Income: $2090

Airbnb ROI: N/A

Traditional ROI: 5.56%

5706 Harmony Woods LOT#1023

Memphis, IN

3 beds | 2 baths | 1,285 sq.ft.

$264,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.67%

Airbnb Rental Income: $null

Traditional Rental Income: $1981

Airbnb ROI: N/A

Traditional ROI: 5.67%

5703 Harmony Woods LOT#1004

Memphis, IN

3 beds | 2 baths | 1,425 sq.ft.

$284,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.57%

Airbnb Rental Income: $null

Traditional Rental Income: $2097

Airbnb ROI: N/A

Traditional ROI: 5.57%

5712 Harmony Woods LOT#1025

Memphis, IN

3 beds | 2 baths | 1,285 sq.ft.

$264,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.72%

Airbnb Rental Income: $null

Traditional Rental Income: $1994

Airbnb ROI: N/A

Traditional ROI: 5.72%

5708 Harmony Woods LOT#1024

Memphis, IN

3 beds | 2 baths | 1,305 sq.ft.

$257,500

Airbnb cash on cash: N/A

Traditional cash on cash: 5.98%

Airbnb Rental Income: $null

Traditional Rental Income: $2003

Airbnb ROI: N/A