Real Estate Investment Properties for Sale in Erwin, NC

Looking for investment property in Erwin, NC with high ROI ?

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

Memphis Investment Property for Sale in Erwin, NC

Search for Memphis Investment Property for Sale in Erwin, North Carolina. Browse all of Mashvisor’s Memphis Investment Property listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 45 Memphis Investment Property listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
105 E I Street Erwin, NC Charming Bungalow in Historic Erwin Mills - Move-In Ready! Welcome home to this beautifull...	2 beds \| 2 baths \| 1,170 sq.ft.	$189,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 6.35% Airbnb Rental Income: $656 Traditional Rental Income: $1523 Airbnb ROI: -0.13% Traditional ROI: 6.35%
303 Denim Drive Erwin, NC PRICE RECENTLY REDUCED. Do not pass up this charming move-in ready house in the heart of a...	3 beds \| 2 baths \| 1,365 sq.ft.	$239,000	Airbnb cash on cash: 1.1% Traditional cash on cash: 4.27% Airbnb Rental Income: $1132 Traditional Rental Income: $1471 Airbnb ROI: 1.1% Traditional ROI: 4.27%
406 S 16th Street Erwin, NC Don't miss this beautifully updated home that perfectly blends comfort, style, and modern ...	3 beds \| 2 baths \| 1,504 sq.ft.	$237,500	Airbnb cash on cash: 1.38% Traditional cash on cash: 6.13% Airbnb Rental Income: $1132 Traditional Rental Income: $1823 Airbnb ROI: 1.38% Traditional ROI: 6.13%
73 Waters Edge Drive Erwin, NC Your Riverfront Escape Awaits! Imagine waking up to the peaceful sounds of the Cape Fear R...	4 beds \| 3 baths \| 2,235 sq.ft.	$275,000	Airbnb cash on cash: 2.2% Traditional cash on cash: 5.66% Airbnb Rental Income: $1522 Traditional Rental Income: $1977 Airbnb ROI: 2.2% Traditional ROI: 5.66%
408 W F Street Erwin, NC This home has so much potential. The home has amble space with 3 bedrooms, 3 updated bathr...	3 beds \| 3 baths \| 1,280 sq.ft.	$125,000	Airbnb cash on cash: 3.79% Traditional cash on cash: 8.6% Airbnb Rental Income: $1132 Traditional Rental Income: $1334 Airbnb ROI: 3.79% Traditional ROI: 8.6%
407 N 14th Street Erwin, NC There are houses... and then there are homes that just feel right the moment you see them....	2 beds \| 1 baths \| 1,071 sq.ft.	$187,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 4.06% Airbnb Rental Income: $656 Traditional Rental Income: $1140 Airbnb ROI: -0.34% Traditional ROI: 4.06%
301 S 7th Street Erwin, NC Living in the heart of Erwin! This brick home offers space! 5 bedrooms, 4 full bathrooms, ...	5 beds \| 4 baths \| 3,887 sq.ft.	$350,000	Airbnb cash on cash: 4.59% Traditional cash on cash: 7.3% Airbnb Rental Income: $2903 Traditional Rental Income: $3119 Airbnb ROI: 4.59% Traditional ROI: 7.3%
202 N 6th Street Erwin, NC Beautiful 3BR/2BA home built in 2021 on a spacious 0.61-acre lot. Enjoy low-maintenance li...	3 beds \| 2 baths \| 1,621 sq.ft.	$310,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 3.44% Airbnb Rental Income: $1132 Traditional Rental Income: $1667 Airbnb ROI: 0.32% Traditional ROI: 3.44%
301 E H Street Erwin, NC Step into timeless elegance with this beautifully preserved historic gem, built in 1903-a ...	5 beds \| 4 baths \| 3,666 sq.ft.	$450,000	Airbnb cash on cash: 3.28% Traditional cash on cash: 5.39% Airbnb Rental Income: $2903 Traditional Rental Income: $3118 Airbnb ROI: 3.28% Traditional ROI: 5.39%
107 N 12th Street Erwin, NC Welcome to the 4 bedroom, 3 full baths, 2 story home located in Erwin! Walk-in on luxury v...	4 beds \| 3 baths \| 1,837 sq.ft.	$225,000	Airbnb cash on cash: 2.8% Traditional cash on cash: 7.44% Airbnb Rental Income: $1522 Traditional Rental Income: $2068 Airbnb ROI: 2.8% Traditional ROI: 7.44%
104 Josey Williams Road Erwin, NC Looking for a large lot with plenty of garage space? Does a nearly new home with a 3 car a...	3 beds \| 2 baths \| 1,981 sq.ft.	$465,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 2.92% Airbnb Rental Income: $1132 Traditional Rental Income: $2021 Airbnb ROI: 0.01% Traditional ROI: 2.92%
176 Josey Williams Road Erwin, NC Seller is offering $5,000 closing costs assistance with an accepted offer!! Welcome to the...	4 beds \| 3 baths \| 2,212 sq.ft.	$480,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 2.66% Airbnb Rental Income: $1522 Traditional Rental Income: $2109 Airbnb ROI: 0.36% Traditional ROI: 2.66%
79 Ramble Falls Lane Erwin, NC STUNNING 3-BEDROOM HOME WITH FLEX ROOM IN THE HIGHLY DESIRABLE WILDWOOD SUBDIVISION OF ERW...	3 beds \| 2 baths \| 1,699 sq.ft.	$320,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 3.83% Airbnb Rental Income: $1132 Traditional Rental Income: $1754 Airbnb ROI: 0.5% Traditional ROI: 3.83%
124 Don Ron Road Erwin, NC Must see this 3029 sq/ft barndominium with attached 3400 sq. ft. garage with two roll up d...	3 beds \| 3 baths \| 3,029 sq.ft.	$449,900	Airbnb cash on cash: -0.36% Traditional cash on cash: 4.69% Airbnb Rental Income: $1132 Traditional Rental Income: $2881 Airbnb ROI: -0.36% Traditional ROI: 4.69%
123 Maple Drive Erwin, NC New Construction at Forest Hills entrance sign features 3 bedrooms, 2 baths, gas log firep...	3 beds \| 2 baths \| 1,849 sq.ft.	$335,600	Airbnb cash on cash: 0.26% Traditional cash on cash: 3.61% Airbnb Rental Income: $1132 Traditional Rental Income: $1811 Airbnb ROI: 0.26% Traditional ROI: 3.61%
726 W M Street Erwin, NC This beautifully updated 3-bedroom, 1-bath home is move-in ready and full of character. St...	3 beds \| 1 baths \| 1,424 sq.ft.	$179,000	Airbnb cash on cash: 2.28% Traditional cash on cash: 6.23% Airbnb Rental Income: $1132 Traditional Rental Income: $1427 Airbnb ROI: 2.28% Traditional ROI: 6.23%
602 Wondertown Drive Erwin, NC Enjoy this charming and peaceful 3 bedroom & 2 bath home. Beautifully landscaped yard with...	3 beds \| 2 baths \| 1,296 sq.ft.	$199,900	Airbnb cash on cash: 1.73% Traditional cash on cash: 4.69% Airbnb Rental Income: $1132 Traditional Rental Income: $1316 Airbnb ROI: 1.73% Traditional ROI: 4.69%
712 W J Street Erwin, NC MOTIVATED TO SELL! If you are looking for a good sturdy house, in a quiet area, with a nic...	3 beds \| 2 baths \| 1,275 sq.ft.	$244,000	Airbnb cash on cash: 1.33% Traditional cash on cash: 4.18% Airbnb Rental Income: $1132 Traditional Rental Income: $1411 Airbnb ROI: 1.33% Traditional ROI: 4.18%
610 Maynard Lake Road Erwin, NC Enjoy the peace and privacy of this 12.46-acre property tucked away off the road. The 2,37...	3 beds \| 2 baths \| 2,379 sq.ft.	$689,000	Airbnb cash on cash: -0.24% Traditional cash on cash: 1.05% Airbnb Rental Income: $1132 Traditional Rental Income: $1582 Airbnb ROI: -0.24% Traditional ROI: 1.05%
163 Maple Drive Erwin, NC Brand new construction ready to move in when you are ready. Features three bedrooms, two a...	3 beds \| 2 baths \| 1,576 sq.ft.	$309,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 2.32% Airbnb Rental Income: $1132 Traditional Rental Income: $1299 Airbnb ROI: 0.44% Traditional ROI: 2.32%
1807 Horseshoe Bend Road Erwin, NC Rural area 4 bedrooms, 3 bath home. Large lot, master br separate from other 3 bedrooms. L...	4 beds \| 3 baths \| 2,128 sq.ft.	$189,900	Airbnb cash on cash: 3.88% Traditional cash on cash: 8.83% Airbnb Rental Income: $1522 Traditional Rental Income: $1972 Airbnb ROI: 3.88% Traditional ROI: 8.83%
305 N 10th Street Erwin, NC Great location close to shpg & 95! Charming 3 bdrm - 2 bath - Ranch style remodeled home~ ...	3 beds \| 2 baths \| 1,200 sq.ft.	$220,000	Airbnb cash on cash: 1.6% Traditional cash on cash: 6.17% Airbnb Rental Income: $1132 Traditional Rental Income: $1708 Airbnb ROI: 1.6% Traditional ROI: 6.17%
102 N 17th Street Erwin, NC SPACIOUS 3BED/2BATH COZY RANCH HOME IN ERWIN! FEATURING A LARGE FRONT PORCH AND RECENT UPG...	3 beds \| 2 baths \| 1,300 sq.ft.	$175,000	Airbnb cash on cash: 2.13% Traditional cash on cash: 7.46% Airbnb Rental Income: $1132 Traditional Rental Income: $1643 Airbnb ROI: 2.13% Traditional ROI: 7.46%
235 Iris Bryant Road Erwin, NC MAJOR PRICE REDUCTION! Seller Says SELL! ***AFFORDABLE RANCH HOME with Detached WORKSHOP...	3 beds \| 2 baths \| 1,801 sq.ft.	$249,900	Airbnb cash on cash: 0.93% Traditional cash on cash: 5.05% Airbnb Rental Income: $1132 Traditional Rental Income: $1727 Airbnb ROI: 0.93% Traditional ROI: 5.05%
207 2nd Street Erwin, NC Excellent investment opportunity under appraisal value - $75,000! this 1 bedroom, 1-bath s...	1 beds \| 1 baths \| 780 sq.ft.	$75,000	Airbnb cash on cash: 2.27% Traditional cash on cash: 10.21% Airbnb Rental Income: $701 Traditional Rental Income: $983 Airbnb ROI: 2.27% Traditional ROI: 10.21%
109 Hawks Croft Court Erwin, NC Nice 3 bedroom 2 bath home in rural subdivision, large open family room to kitchen and din...	3 beds \| 2 baths \| 1,650 sq.ft.	$266,900	Airbnb cash on cash: 0.82% Traditional cash on cash: 5.39% Airbnb Rental Income: $1132 Traditional Rental Income: $1907 Airbnb ROI: 0.82% Traditional ROI: 5.39%
392 Monroe Lane Erwin, NC Brand new manufactured home situated on a spacious .49-acre lot. This 2-bedroom, 2-full-ba...	2 beds \| 2 baths \| 1,289 sq.ft.	$229,900	Airbnb cash on cash: 0.17% Traditional cash on cash: 5.6% Airbnb Rental Income: $656 Traditional Rental Income: $1540 Airbnb ROI: 0.17% Traditional ROI: 5.6%
1000 Butler Drive Erwin, NC Single family owned well maintained Brick home. 3 Bedroom 2 Bathroom open floor plan. Grea...	3 beds \| 2 baths \| 1,240 sq.ft.	$219,500	Airbnb cash on cash: 2.13% Traditional cash on cash: 6.2% Airbnb Rental Income: $1132 Traditional Rental Income: $1600 Airbnb ROI: 2.13% Traditional ROI: 6.2%
207 4TH Street Erwin, NC The Hunter floor plan is officially underway with a projected completion date of April 202...	4 beds \| 3 baths \| 2,042 sq.ft.	$329,999	Airbnb cash on cash: 1.35% Traditional cash on cash: 4.17% Airbnb Rental Income: $1522 Traditional Rental Income: $1954 Airbnb ROI: 1.35% Traditional ROI: 4.17%
205 4TH Street Erwin, NC Welcome to this exquisite new construction by LA Residential, designed with a modern open-...	3 beds \| 3 baths \| 1,602 sq.ft.	$299,999	Airbnb cash on cash: 0.55% Traditional cash on cash: 4.04% Airbnb Rental Income: $1132 Traditional Rental Income: $1740 Airbnb ROI: 0.55% Traditional ROI: 4.04%
203 4TH Street Erwin, NC New Construction in ERWIN, NC. Built by LA Residential, the Cooper floor plan offers 3 bed...	3 beds \| 3 baths \| 1,888 sq.ft.	$319,999	Airbnb cash on cash: 0.36% Traditional cash on cash: 4.09% Airbnb Rental Income: $1132 Traditional Rental Income: $1876 Airbnb ROI: 0.36% Traditional ROI: 4.09%
112 Morgan Street Erwin, NC Wood-burning fireplace, an open yard, and no HOA immediately position this 3-bedroom, 2-ba...	3 beds \| 2 baths \| 1,543 sq.ft.	$205,000	Airbnb cash on cash: 1.77% Traditional cash on cash: 4.65% Airbnb Rental Income: $1132 Traditional Rental Income: $1314 Airbnb ROI: 1.77% Traditional ROI: 4.65%
66 Cedarbranch Way unit: 192 Erwin, NC Discover new construction at Mason's Mill in Erwin, conveniently located near US-421 and I...	4 beds \| 2 baths \| 2,078 sq.ft.	$309,900	Airbnb cash on cash: 1.39% Traditional cash on cash: 3.64% Airbnb Rental Income: $1522 Traditional Rental Income: $1736 Airbnb ROI: 1.39% Traditional ROI: 3.64%
49 Cypress Hollow Lane unit: 118P Erwin, NC Build your dream semi-custom home at Mason's Mill in Erwin, conveniently located near US-4...	3 beds \| 2 baths \| 1,603 sq.ft.	$274,900	Airbnb cash on cash: 0.54% Traditional cash on cash: 3.93% Airbnb Rental Income: $1132 Traditional Rental Income: $1632 Airbnb ROI: 0.54% Traditional ROI: 3.93%
100 E C Street Erwin, NC NICE 3 BEDROOM, 3 BATH HOME OFFERED. SITUATED ON A CORNER LOT, THIS HOME FEATURES SPACIOUS...	3 beds \| 3 baths \| 1,890 sq.ft.	$296,500	Airbnb cash on cash: 0.66% Traditional cash on cash: 5.12% Airbnb Rental Income: $1132 Traditional Rental Income: $1999 Airbnb ROI: 0.66% Traditional ROI: 5.12%
87 Hawks Croft Court Erwin, NC Welcome to 87 Hawks Croft Ct, Erwin, NC 28339 -- where modern comfort meets small-town cha...	3 beds \| 2 baths \| 1,546 sq.ft.	$305,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 4.38% Airbnb Rental Income: $1132 Traditional Rental Income: $1837 Airbnb ROI: 0.6% Traditional ROI: 4.38%
100 E Street Erwin, NC Charming home on a corner lot! This 3 bedroom, 2 bath home offers 1,439 sq ft of comfortab...	3 beds \| 2 baths \| 1,439 sq.ft.	$189,000	Airbnb cash on cash: 1.85% Traditional cash on cash: 6.92% Airbnb Rental Income: $1132 Traditional Rental Income: $1665 Airbnb ROI: 1.85% Traditional ROI: 6.92%
84 Rainy Beck Way Erwin, NC The kind of home that just feels right the moment you enter. From the moment you're inside...	3 beds \| 3 baths \| 2,007 sq.ft.	$340,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 3.92% Airbnb Rental Income: $1132 Traditional Rental Income: $1955 Airbnb ROI: 0.16% Traditional ROI: 3.92%
204 W E Street Erwin, NC Charming 3BR/2BA home perfect for first-time buyers! Move-in ready with fresh interior pai...	3 beds \| 2 baths \| 1,279 sq.ft.	$195,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 9.33% Airbnb Rental Income: $1132 Traditional Rental Income: $2160 Airbnb ROI: 1.74% Traditional ROI: 9.33%
105 Cedarbranch Way unit: 183P Erwin, NC Build your dream semi-custom home at Mason's Mill in Erwin, conveniently located near US-4...	3 beds \| 2 baths \| 2,983 sq.ft.	$339,900	Airbnb cash on cash: 0.24% Traditional cash on cash: 3.48% Airbnb Rental Income: $1132 Traditional Rental Income: $1789 Airbnb ROI: 0.24% Traditional ROI: 3.48%

Your search for investment property begins and ends here

Memphis Investment Property for Sale in Erwin, NC

105 E I Street

Erwin, NC

2 beds | 2 baths | 1,170 sq.ft.

$189,000

Airbnb cash on cash: -0.13%

Traditional cash on cash: 6.35%

Airbnb Rental Income: $656

Traditional Rental Income: $1523

Airbnb ROI: -0.13%

Traditional ROI: 6.35%

303 Denim Drive

Erwin, NC

3 beds | 2 baths | 1,365 sq.ft.

$239,000

Airbnb cash on cash: 1.1%

Traditional cash on cash: 4.27%

Airbnb Rental Income: $1132

Traditional Rental Income: $1471

Airbnb ROI: 1.1%

Traditional ROI: 4.27%

406 S 16th Street

Erwin, NC

3 beds | 2 baths | 1,504 sq.ft.

$237,500

Airbnb cash on cash: 1.38%

Traditional cash on cash: 6.13%

Airbnb Rental Income: $1132

Traditional Rental Income: $1823

Airbnb ROI: 1.38%

Traditional ROI: 6.13%

73 Waters Edge Drive

Erwin, NC

4 beds | 3 baths | 2,235 sq.ft.

$275,000

Airbnb cash on cash: 2.2%

Traditional cash on cash: 5.66%

Airbnb Rental Income: $1522

Traditional Rental Income: $1977

Airbnb ROI: 2.2%

Traditional ROI: 5.66%

408 W F Street

Erwin, NC

3 beds | 3 baths | 1,280 sq.ft.

$125,000

Airbnb cash on cash: 3.79%

Traditional cash on cash: 8.6%

Airbnb Rental Income: $1132

Traditional Rental Income: $1334

Airbnb ROI: 3.79%

Traditional ROI: 8.6%

407 N 14th Street

Erwin, NC

2 beds | 1 baths | 1,071 sq.ft.

$187,000

Airbnb cash on cash: -0.34%

Traditional cash on cash: 4.06%

Airbnb Rental Income: $656

Traditional Rental Income: $1140

Airbnb ROI: -0.34%

Traditional ROI: 4.06%

301 S 7th Street

Erwin, NC

5 beds | 4 baths | 3,887 sq.ft.

$350,000

Airbnb cash on cash: 4.59%

Traditional cash on cash: 7.3%

Airbnb Rental Income: $2903

Traditional Rental Income: $3119

Airbnb ROI: 4.59%

Traditional ROI: 7.3%

202 N 6th Street

Erwin, NC

3 beds | 2 baths | 1,621 sq.ft.

$310,000

Airbnb cash on cash: 0.32%

Traditional cash on cash: 3.44%

Airbnb Rental Income: $1132

Traditional Rental Income: $1667

Airbnb ROI: 0.32%