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
727 TCB Boulevard Memphis, IN Come check out this like new 1.5 story home in the beautiful neighborhood of Kingsland Fie...	4 beds \| 3 baths \| 3,322 sq.ft.	$489,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.91% Airbnb Rental Income: $null Traditional Rental Income: $2990 Airbnb ROI: N/A Traditional ROI: 4.91%
5522 Village Lane Memphis, IN WOW...DON'T MISS OUT ON THIS MOVE IN READY HOME THAT IS PRICED UNDER ASSESSED VALUE..THIS ...	3 beds \| 3 baths \| 3,526 sq.ft.	$316,900	Airbnb cash on cash: 2.65% Traditional cash on cash: 5.59% Airbnb Rental Income: $1812 Traditional Rental Income: $2198 Airbnb ROI: 2.65% Traditional ROI: 5.59%
5709 Harmony Woods Memphis, IN * ASK ABOUT OUR RATE BUYDOWN AND NO CLOSING COSTS OPTIONS.MOVE-IN READY Everyone loves ...	3 beds \| 2 baths \| 1,425 sq.ft.	$289,900	Airbnb cash on cash: 2.62% Traditional cash on cash: 5.44% Airbnb Rental Income: $1812 Traditional Rental Income: $2090 Airbnb ROI: 2.62% Traditional ROI: 5.44%
5707 Harmony Woods 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.	$289,900	Airbnb cash on cash: 2.62% Traditional cash on cash: 5.44% Airbnb Rental Income: $1812 Traditional Rental Income: $2090 Airbnb ROI: 2.62% Traditional ROI: 5.44%
5706 Harmony Woods Memphis, IN * ASK ABOUT OUR RATE BUYDOWN AND NO CLOSING COSTS OPTIONS. MOVE-IN READY This beautiful...	3 beds \| 2 baths \| 1,285 sq.ft.	$269,900	Airbnb cash on cash: 2.95% Traditional cash on cash: 5.54% Airbnb Rental Income: $1812 Traditional Rental Income: $1981 Airbnb ROI: 2.95% Traditional ROI: 5.54%
5703 Harmony Woods Memphis, IN * ASK ABOUT OUR RATE BUYDOWN AND NO CLOSING COSTS OPTIONS. MOVE-IN READY Experience the ...	3 beds \| 2 baths \| 1,425 sq.ft.	$289,900	Airbnb cash on cash: 2.6% Traditional cash on cash: 5.45% Airbnb Rental Income: $1812 Traditional Rental Income: $2097 Airbnb ROI: 2.6% Traditional ROI: 5.45%
5712 Harmony Woods 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.	$269,900	Airbnb cash on cash: 2.95% Traditional cash on cash: 5.59% Airbnb Rental Income: $1812 Traditional Rental Income: $1994 Airbnb ROI: 2.95% Traditional ROI: 5.59%
5708 Harmony Woods Memphis, IN * ASK ABOUT OUR RATE BUYDOWN AND NO CLOSING COSTS OPTIONS. MOVE-IN READY Introducing Th...	3 beds \| 2 baths \| 1,305 sq.ft.	$269,900	Airbnb cash on cash: 2.95% Traditional cash on cash: 5.62% Airbnb Rental Income: $1812 Traditional Rental Income: $2003 Airbnb ROI: 2.95% Traditional ROI: 5.62%
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.	$339,900	Airbnb cash on cash: 1.94% Traditional cash on cash: 4.83% Airbnb Rental Income: $1812 Traditional Rental Income: $2242 Airbnb ROI: 1.94% Traditional ROI: 4.83%
2222 Pine Tree Lane Memphis, IN Ask about our Rate Buydown and No Closing Costs Options * Estimated completion date is Ear...	4 beds \| 3 baths \| 2,090 sq.ft.	$379,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.27% Airbnb Rental Income: $null Traditional Rental Income: $2651 Airbnb ROI: N/A Traditional ROI: 5.27%
13961 Deer Run Trace #LOT 401 Memphis, IN We are PROUD to announce that ASB Homes is now in DEERFIELD CROSSING! Featuring The "Allen...	3 beds \| 2 baths \| 1,472 sq.ft.	$309,900	Airbnb cash on cash: 2.37% Traditional cash on cash: 5.29% Airbnb Rental Income: $1812 Traditional Rental Income: $2174 Airbnb ROI: 2.37% Traditional ROI: 5.29%
2224 Pine Tree Lane Memphis, IN Ask about our Rate Buydown and No Closing Costs Options * Estimated completion date is Lat...	4 beds \| 3 baths \| 2,090 sq.ft.	$379,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.28% Airbnb Rental Income: $null Traditional Rental Income: $2654 Airbnb ROI: N/A Traditional ROI: 5.28%
1717 Stricker Rd Memphis, IN Motivated Seller! LENDER INCENTIVE- qualified buyer can choose funds toward closing costs ...	5 beds \| 5 baths \| 4,506 sq.ft.	$579,500	Airbnb cash on cash: N/A Traditional cash on cash: 8.86% Airbnb Rental Income: $null Traditional Rental Income: $5629 Airbnb ROI: N/A Traditional ROI: 8.86%
116 Guernsey Farms Lane Memphis, IN Discover the perfect blend of space, comfort, and outdoor living with this stunning 4-bedr...	4 beds \| 3 baths \| 3,963 sq.ft.	$649,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.57% Airbnb Rental Income: $null Traditional Rental Income: $3091 Airbnb ROI: N/A Traditional ROI: 3.57%
2201 Pine Tree Lane #LOT 135 Memphis, IN Introducing The "ALLEN" Plan in ASB's newest development of FAIRVIEW FARM! This gorgeous 3...	3 beds \| 2 baths \| 1,436 sq.ft.	$289,900	Airbnb cash on cash: 2.57% Traditional cash on cash: 5.8% Airbnb Rental Income: $1812 Traditional Rental Income: $2202 Airbnb ROI: 2.57% Traditional ROI: 5.8%
2205 Pine Tree Lane #LOT 137 Memphis, IN Quality built by ASB! The "Brooklynn" Plan in FAIRVIEW FARM for which is right on the edge...	4 beds \| 3 baths \| 2,323 sq.ft.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.94% Airbnb Rental Income: $null Traditional Rental Income: $2818 Airbnb ROI: N/A Traditional ROI: 5.94%
13954 Deer Run Trace #LOT 425 Memphis, IN Estimated completion end of October We are PROUD to announce that ASB Homes is now in DE...	3 beds \| 2 baths \| 1,472 sq.ft.	$319,900	Airbnb cash on cash: 2.24% Traditional cash on cash: 5.19% Airbnb Rental Income: $1812 Traditional Rental Income: $2210 Airbnb ROI: 2.24% Traditional ROI: 5.19%
13257 Early Sunset Drive Memphis, IN Why wait to build when you can own this BETTER THAN NEW 4 bedroom, 3 full bath home thatâ...	4 beds \| 3 baths \| 1,864 sq.ft.	$315,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.64% Airbnb Rental Income: $null Traditional Rental Income: $2579 Airbnb ROI: N/A Traditional ROI: 5.64%
13952 Deer Run Trace #LOT 424 Memphis, IN Estimated completion November 2025 Introducing the Emerson floor plan by ASB Homes in th...	3 beds \| 2 baths \| 1,553 sq.ft.	$314,900	Airbnb cash on cash: 2.3% Traditional cash on cash: 5.66% Airbnb Rental Income: $1812 Traditional Rental Income: $2315 Airbnb ROI: 2.3% Traditional ROI: 5.66%
14025 Deerfield Court Memphis, IN Adorable, attainable, and bring the boxes ready. ALL-BRICK 3 bed, 2 bath ranch in Deerfie...	3 beds \| 2 baths \| 1,238 sq.ft.	$254,900	Airbnb cash on cash: 3.45% Traditional cash on cash: 6.44% Airbnb Rental Income: $1812 Traditional Rental Income: $2040 Airbnb ROI: 3.45% Traditional ROI: 6.44%

Real Estate investment in Memphis, IN

There are 32 properties for sale in the city of Memphis . The median list price in Memphis is $315,400 and the average price per square foot is $163. In September 2025, the average monthly cash on cash return in Memphis is 5.00%. The average monthly rental income in Memphis is $2,226.

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

There are 32 investment properties available for sale in Memphis.

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

The ROI for Long-Term is higher than the Short-Term in Memphis with average rental income of $2,226.

Your search for investment property begins and ends here

Investment Property for Sale in Memphis, IN

727 TCB Boulevard

Memphis, IN

4 beds | 3 baths | 3,322 sq.ft.

$489,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.91%

Airbnb Rental Income: $null

Traditional Rental Income: $2990

Airbnb ROI: N/A

Traditional ROI: 4.91%

5522 Village Lane

Memphis, IN

3 beds | 3 baths | 3,526 sq.ft.

$316,900

Airbnb cash on cash: 2.65%

Traditional cash on cash: 5.59%

Airbnb Rental Income: $1812

Traditional Rental Income: $2198

Airbnb ROI: 2.65%

Traditional ROI: 5.59%

5709 Harmony Woods

Memphis, IN

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

$289,900

Airbnb cash on cash: 2.62%

Traditional cash on cash: 5.44%

Airbnb Rental Income: $1812

Traditional Rental Income: $2090

Airbnb ROI: 2.62%

Traditional ROI: 5.44%

5707 Harmony Woods

Memphis, IN

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

$289,900

Airbnb cash on cash: 2.62%

Traditional cash on cash: 5.44%

Airbnb Rental Income: $1812

Traditional Rental Income: $2090

Airbnb ROI: 2.62%

Traditional ROI: 5.44%

5706 Harmony Woods

Memphis, IN

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

$269,900

Airbnb cash on cash: 2.95%

Traditional cash on cash: 5.54%

Airbnb Rental Income: $1812

Traditional Rental Income: $1981

Airbnb ROI: 2.95%

Traditional ROI: 5.54%

5703 Harmony Woods

Memphis, IN

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

$289,900

Airbnb cash on cash: 2.6%

Traditional cash on cash: 5.45%

Airbnb Rental Income: $1812

Traditional Rental Income: $2097

Airbnb ROI: 2.6%

Traditional ROI: 5.45%

5712 Harmony Woods

Memphis, IN

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

$269,900

Airbnb cash on cash: 2.95%

Traditional cash on cash: 5.59%

Airbnb Rental Income: $1812

Traditional Rental Income: $1994

Airbnb ROI: 2.95%

Traditional ROI: 5.59%

5708 Harmony Woods

Memphis, IN

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

$269,900

Airbnb cash on cash: 2.95%

Traditional cash on cash: 5.62%

Airbnb Rental Income: $1812

Traditional Rental Income: $2003

Airbnb ROI: 2.95%