Real Estate Investment Properties for Sale in Tennessee

Looking for investment property in Tennessee with high ROI ?

Explore a variety of short-term homes & houses in Tennessee. Invest wisely with VRBO & Tennessee 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 Tennessee

Q: Which city in Tennessee to invest in for highest ROI on long term rental properties in 2025

In 2025, Hendersonis the best city to buy investment properties. Find more investment properties today!

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
283 Barger Hollow Road Blountville, TN Welcome home to this spacious 4-bedroom retreat with a home office, nestled on 2 expansive...	4 beds \| 3 baths \| 4,969 sq.ft.	$650,000	Airbnb cash on cash: 1.98% Traditional cash on cash: 2.32% Airbnb Rental Income: $3021 Traditional Rental Income: $2533 Airbnb ROI: 1.98% Traditional ROI: 2.32%
3172 JOFFRE Memphis, TN Affordable, Updated, and Full of Charm â Perfect for First-Time Buyers, Students, or Inv...	3 beds \| 2 baths \| N/A	$289,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 4.72% Airbnb Rental Income: $1470 Traditional Rental Income: $2028 Airbnb ROI: 1.07% Traditional ROI: 4.72%
78 BOARDWALK Savannah, TN Waterfront living at its best! On Pickwick Lake!! This Home Comes with your own Covered Bo...	3 beds \| 4 baths \| N/A	$350,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 9.37% Airbnb Rental Income: $1050 Traditional Rental Income: $3660 Airbnb ROI: 0.32% Traditional ROI: 9.37%
1921 OLIVER Memphis, TN Charming Craftsman in the heart of Cooper-Young! This beautifully updated home features a ...	3 beds \| 3 baths \| N/A	$350,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 5.04% Airbnb Rental Income: $1276 Traditional Rental Income: $2519 Airbnb ROI: 0.04% Traditional ROI: 5.04%
4842 MAPLE WALK Lakeland, TN Oakwood Grove's finest! Enjoy a neighborhood with ponds for fishing and trails for walking...	4 beds \| 3 baths \| N/A	$675,000	Airbnb cash on cash: 0.75% Traditional cash on cash: 2.51% Airbnb Rental Income: $2319 Traditional Rental Income: $2850 Airbnb ROI: 0.75% Traditional ROI: 2.51%
706 N BELVEDERE Memphis, TN Looking for a home that blends character, comfort, and convenience? This beautifully maint...	3 beds \| 2 baths \| N/A	$243,000	Airbnb cash on cash: 0.81% Traditional cash on cash: 5.53% Airbnb Rental Income: $1276 Traditional Rental Income: $1959 Airbnb ROI: 0.81% Traditional ROI: 5.53%
2789 ARBOR LANE Memphis, TN Check out this beautiful, well-maintained home on a cul-de-sac off Appling Rd. 3 bedroom 2...	3 beds \| 2 baths \| N/A	$240,000	Airbnb cash on cash: 3.27% Traditional cash on cash: 6.35% Airbnb Rental Income: $1770 Traditional Rental Income: $1983 Airbnb ROI: 3.27% Traditional ROI: 6.35%
935 County Road 229 Niota, TN Newly renovated single-level home in McMinn County! This property offers a 2,380 square fo...	3 beds \| 2 baths \| 2,380 sq.ft.	$449,900	Airbnb cash on cash: 0.21% Traditional cash on cash: 6.35% Airbnb Rental Income: $1062 Traditional Rental Income: $3282 Airbnb ROI: 0.21% Traditional ROI: 6.35%
4018 Obar Drive Chattanooga, TN Home is also listed with neighboring lot 307 at MLS # 1518322. Nestled at the end of a ser...	5 beds \| 5 baths \| 6,284 sq.ft.	$1,800,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 0.99% Airbnb Rental Income: $2956 Traditional Rental Income: $4593 Airbnb ROI: -0.4% Traditional ROI: 0.99%
1931 MANILA Memphis, TN Welcome to this nice 3/4 bedroom home with lots of hard wood throughout. Big greatroom (17...	4 beds \| 1 baths \| N/A	$185,000	Airbnb cash on cash: 2.96% Traditional cash on cash: 7.64% Airbnb Rental Income: $1425 Traditional Rental Income: $1823 Airbnb ROI: 2.96% Traditional ROI: 7.64%
121 Inman Rd Sweetwater, TN Gorgeous Renovated Ranch Home On A Level Lot*Inviting Front Porch Perfect For Comfort And ...	3 beds \| 2 baths \| 1,536 sq.ft.	$329,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.43% Airbnb Rental Income: $null Traditional Rental Income: $1842 Airbnb ROI: N/A Traditional ROI: 4.43%
1713 Cardinal Drive Gatlinburg, TN If you've been searching for the perfect blend of seclusion, style, and convenience, welco...	3 beds \| 3 baths \| 2,624 sq.ft.	$864,900	Airbnb cash on cash: 0.71% Traditional cash on cash: 2.05% Airbnb Rental Income: $2140 Traditional Rental Income: $2675 Airbnb ROI: 0.71% Traditional ROI: 2.05%
500 Paragon Mills Road Nashville, TN Renovated condo in South Nashville features 2 bedrooms, 1 bath. Open living/dining room an...	2 beds \| 1 baths \| 958 sq.ft.	$194,999	Airbnb cash on cash: 2.59% Traditional cash on cash: 3.32% Airbnb Rental Income: $1562 Traditional Rental Income: $1248 Airbnb ROI: 2.59% Traditional ROI: 3.32%
1260 Ski View Dr unit: 3308 #3308 Gatlinburg, TN Welcome to ''The Loft'', a beautifully designed three-bedroom, two-bath condominium in The...	3 beds \| 2 baths \| 906 sq.ft.	$299,900	Airbnb cash on cash: 1.66% Traditional cash on cash: 0.6% Airbnb Rental Income: $2140 Traditional Rental Income: $1296 Airbnb ROI: 1.66% Traditional ROI: 0.6%
662 Morning Mist Way Gatlinburg, TN This mountain retreat is located in the vibrant Arts and Crafts District of Gatlinburg. Yo...	2 beds \| 3 baths \| 1,160 sq.ft.	$499,999	Airbnb cash on cash: 0.79% Traditional cash on cash: 2.26% Airbnb Rental Income: $1545 Traditional Rental Income: $1786 Airbnb ROI: 0.79% Traditional ROI: 2.26%
609 Sunset Lane Gatlinburg, TN This charming 3-bedroom, 2-bath chalet is in the Heart of the Smokies and centrally locate...	3 beds \| 2 baths \| 1,344 sq.ft.	$488,500	Airbnb cash on cash: 1.88% Traditional cash on cash: 1.96% Airbnb Rental Income: $2140 Traditional Rental Income: $1629 Airbnb ROI: 1.88% Traditional ROI: 1.96%
1110 Ski Mtn Road Gatlinburg, TN Nestled on a private lot with a tranquil stream, hot tub, and gazebo, this property offers...	3 beds \| 4 baths \| 2,566 sq.ft.	$839,000	Airbnb cash on cash: 0.65% Traditional cash on cash: 2.22% Airbnb Rental Income: $2140 Traditional Rental Income: $2820 Airbnb ROI: 0.65% Traditional ROI: 2.22%
415 Matterhorn Drive Gatlinburg, TN AMAZING INVESTMENT OPPORTUNITY!!! STRU PERMIT IN HAND FROM THE SEVIER COUNTY FIRE MARSHAL'...	3 beds \| N/A baths \| 4,971 sq.ft.	$1,399,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 1.69% Airbnb Rental Income: $2140 Traditional Rental Income: $4028 Airbnb ROI: -0.19% Traditional ROI: 1.69%
727 Mountain Stream Way Gatlinburg, TN Welcome to Daydreamer's Delight. This is a beautiful, 3 level cabin in the always popular ...	2 beds \| 3 baths \| 2,574 sq.ft.	$799,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 2.01% Airbnb Rental Income: $1545 Traditional Rental Income: $2833 Airbnb ROI: -0.32% Traditional ROI: 2.01%
92 S MAIN #307 Memphis, TN Charming 1 bed/1.5 bath condo available at The One One O'Six Lofts downtown with controlle...	1 beds \| 2 baths \| N/A	$185,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 6.91% Airbnb Rental Income: $730 Traditional Rental Income: $1781 Airbnb ROI: -0.83% Traditional ROI: 6.91%
158 N WILLETT Memphis, TN This high-performing Midtown bungalow in the Evergreen Historic District isnât just char...	4 beds \| 2 baths \| N/A	$480,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 2.9% Airbnb Rental Income: $1425 Traditional Rental Income: $2314 Airbnb ROI: -0.03% Traditional ROI: 2.9%
6108 SELKIRK Memphis, TN Beautiful house 3 bedrooms 2 baths ~ Freshly painted interior & exterior ~ Master bedroom ...	3 beds \| 2 baths \| N/A	$199,000	Airbnb cash on cash: 4.25% Traditional cash on cash: 7.68% Airbnb Rental Income: $1756 Traditional Rental Income: $1921 Airbnb ROI: 4.25% Traditional ROI: 7.68%
1111 N WATKINS Memphis, TN DO NOT MISS THE DEAL COMPLETELY RENOVATED 4BDRM/2BATHS FOYER LIVRM/DININGRM COMBINATION HE...	4 beds \| 2 baths \| N/A	$185,000	Airbnb cash on cash: 3.66% Traditional cash on cash: 10.42% Airbnb Rental Income: $1425 Traditional Rental Income: $2188 Airbnb ROI: 3.66% Traditional ROI: 10.42%
371 W CHERRY Memphis, TN Fabulous custom gated home in Belle Meade with luxury details throughout! Perfect for ente...	4 beds \| 5 baths \| N/A	$1,260,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 1.9% Airbnb Rental Income: $2139 Traditional Rental Income: $4789 Airbnb ROI: -0.82% Traditional ROI: 1.9%
113 HARBOR TOWN #301 Memphis, TN Rare opportunity in the heart of Harbor Town's commercial district! Amazing 2 Bedroom 2 Ba...	2 beds \| 2 baths \| N/A	$299,900	Airbnb cash on cash: -0.18% Traditional cash on cash: 2.45% Airbnb Rental Income: $1189 Traditional Rental Income: $1547 Airbnb ROI: -0.18% Traditional ROI: 2.45%
2954 SOUTHERN #2954 Memphis, TN	2 beds \| 3 baths \| N/A	$239,900	Airbnb cash on cash: 1.2% Traditional cash on cash: 7.67% Airbnb Rental Income: $1299 Traditional Rental Income: $2360 Airbnb ROI: 1.2% Traditional ROI: 7.67%
3408 CLEARBROOK Memphis, TN Newly Renovated Property! Great opportunity for an investor or homebuyer! The property is ...	3 beds \| 2 baths \| N/A	$159,900	Airbnb cash on cash: 5.01% Traditional cash on cash: 10.27% Airbnb Rental Income: $1594 Traditional Rental Income: $1943 Airbnb ROI: 5.01% Traditional ROI: 10.27%
2588 Carters Valley Road Surgoinsville, TN Endless Possibilities on This Unique Property! Looking for more than just a home? This ...	2 beds \| 3 baths \| 1,080 sq.ft.	$475,000	Airbnb cash on cash: 0.71% Traditional cash on cash: 2.17% Airbnb Rental Income: $1624 Traditional Rental Income: $1816 Airbnb ROI: 0.71% Traditional ROI: 2.17%
2312 Woodrow Drive Knoxville, TN Don't miss this 95 yr old beauty loaded with character! Lovingly taken care of and updated...	3 beds \| 2 baths \| 1,796 sq.ft.	$375,000	Airbnb cash on cash: 2.05% Traditional cash on cash: 4.32% Airbnb Rental Income: $1832 Traditional Rental Income: $2136 Airbnb ROI: 2.05% Traditional ROI: 4.32%
4635 Harsch St Knoxville, TN Two Homes, One Property - Minutes from Downtown Knoxville! Welcome to 4635 Harsch St, a...	3 beds \| 2 baths \| 1,384 sq.ft.	$324,900	Airbnb cash on cash: 1.92% Traditional cash on cash: 4.54% Airbnb Rental Income: $1527 Traditional Rental Income: $1884 Airbnb ROI: 1.92% Traditional ROI: 4.54%
3950 Cherokee Woods Way #204 Knoxville, TN Welcome to one of the most sought-after communities in Knoxville! Rare opportunity to own ...	2 beds \| 3 baths \| 1,152 sq.ft.	$369,900	Airbnb cash on cash: -0.02% Traditional cash on cash: 1.87% Airbnb Rental Income: $1307 Traditional Rental Income: $1556 Airbnb ROI: -0.02% Traditional ROI: 1.87%
3148 Wilderness Rd Knoxville, TN Welcome to this fully renovated North Knoxville ranch, where comfort meets modern convenie...	3 beds \| 2 baths \| 1,530 sq.ft.	$325,000	Airbnb cash on cash: 2.32% Traditional cash on cash: 4.04% Airbnb Rental Income: $1735 Traditional Rental Income: $1784 Airbnb ROI: 2.32% Traditional ROI: 4.04%
5821 Matalin Lane Knoxville, TN Welcome to this stunning, move-in-ready 2-story home that offers the perfect blend of comf...	3 beds \| 3 baths \| 1,987 sq.ft.	$384,900	Airbnb cash on cash: 1.9% Traditional cash on cash: 4.49% Airbnb Rental Income: $1735 Traditional Rental Income: $2192 Airbnb ROI: 1.9% Traditional ROI: 4.49%
4921 Willow Bluff Circle Knoxville, TN Welcome to this beautifully maintained condo where pride of ownership shinesâMrs. Clean ...	2 beds \| 2 baths \| 1,428 sq.ft.	$349,900	Airbnb cash on cash: -0.05% Traditional cash on cash: 3.15% Airbnb Rental Income: $1330 Traditional Rental Income: $1971 Airbnb ROI: -0.05% Traditional ROI: 3.15%
7338 Bonny Kate Drive Knoxville, TN Welcome to 7338 Bonny Kate Dr â a solid 3 bedroom, 1.5 bathroom home with over 1,100 sq ...	3 beds \| 2 baths \| 1,104 sq.ft.	$249,900	Airbnb cash on cash: 2.99% Traditional cash on cash: 4.68% Airbnb Rental Income: $1527 Traditional Rental Income: $1483 Airbnb ROI: 2.99% Traditional ROI: 4.68%
105 Leake Ave 1 Nashville, TN Commanding the top floor of one of Nashville's most desirable high-rise buildings, this di...	2 beds \| 2 baths \| 2,275 sq.ft.	$1,019,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 0.58% Airbnb Rental Income: $1714 Traditional Rental Income: $2124 Airbnb ROI: -0.35% Traditional ROI: 0.58%
130 Lookout Pointe #130 Johnson City, TN Discover unparalleled single-level living in this meticulously upgraded condominium in Joh...	4 beds \| 2 baths \| 1,792 sq.ft.	$405,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.35% Airbnb Rental Income: $null Traditional Rental Income: $2664 Airbnb ROI: N/A Traditional ROI: 4.35%
1434 GARRETT PLACE Gatlinburg, TN Amazing VIEWS from Three Bears Den, nestled in the beautiful mountains overlooking Ober Ga...	3 beds \| 3 baths \| 1,664 sq.ft.	$599,995	Airbnb cash on cash: 1.4% Traditional cash on cash: 2.91% Airbnb Rental Income: $2140 Traditional Rental Income: $2440 Airbnb ROI: 1.4% Traditional ROI: 2.91%
339 Robin Lane Gatlinburg, TN Welcome to 339 Robin Lane, a beautifully remodeled mountain retreat nestled just minutes f...	4 beds \| N/A baths \| 3,200 sq.ft.	$995,000	Airbnb cash on cash: 1.06% Traditional cash on cash: 1.42% Airbnb Rental Income: $2738 Traditional Rental Income: $2428 Airbnb ROI: 1.06% Traditional ROI: 1.42%
3537 OAKLEY Memphis, TN Beautifully renovated home in sought-after High Point Terrace! The updated kitchen feature...	3 beds \| 4 baths \| N/A	$425,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 5.64% Airbnb Rental Income: $1470 Traditional Rental Income: $3332 Airbnb ROI: -0.13% Traditional ROI: 5.64%

Real Estate investment in Tennessee

There are 18,771 properties available for sale in the state of Tennessee. Henderson, Old Hickory and Franklin are the best rental property markets in Tennessee. The average median price of properties for sale in these cities are $1,188,283 and the average price per square foot is $0. Their average monthly cash on cash return is 3.33%.

Tennessee Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 18,771 investment properties available for sale in Tennessee.

In 2025, Henderson is the best city to buy investment properties. Find more investment properties today!

In 2025, Henderson (7%) and Old Hickory (2%) has the highest cash on cash return for long term rentals in Tennessee.

Your search for investment property begins and ends here

Investment Property for Sale in Tennessee

283 Barger Hollow Road

Blountville, TN

4 beds | 3 baths | 4,969 sq.ft.

$650,000

Airbnb cash on cash: 1.98%

Traditional cash on cash: 2.32%

Airbnb Rental Income: $3021

Traditional Rental Income: $2533

Airbnb ROI: 1.98%

Traditional ROI: 2.32%

3172 JOFFRE

Memphis, TN

3 beds | 2 baths | N/A

$289,000

Airbnb cash on cash: 1.07%

Traditional cash on cash: 4.72%

Airbnb Rental Income: $1470

Traditional Rental Income: $2028

Airbnb ROI: 1.07%

Traditional ROI: 4.72%

78 BOARDWALK

Savannah, TN

3 beds | 4 baths | N/A

$350,000

Airbnb cash on cash: 0.32%

Traditional cash on cash: 9.37%

Airbnb Rental Income: $1050

Traditional Rental Income: $3660

Airbnb ROI: 0.32%

Traditional ROI: 9.37%

1921 OLIVER

Memphis, TN

3 beds | 3 baths | N/A

$350,000

Airbnb cash on cash: 0.04%

Traditional cash on cash: 5.04%

Airbnb Rental Income: $1276

Traditional Rental Income: $2519

Airbnb ROI: 0.04%

Traditional ROI: 5.04%

4842 MAPLE WALK

Lakeland, TN

4 beds | 3 baths | N/A

$675,000

Airbnb cash on cash: 0.75%

Traditional cash on cash: 2.51%

Airbnb Rental Income: $2319

Traditional Rental Income: $2850

Airbnb ROI: 0.75%

Traditional ROI: 2.51%

706 N BELVEDERE

Memphis, TN

3 beds | 2 baths | N/A

$243,000

Airbnb cash on cash: 0.81%

Traditional cash on cash: 5.53%

Airbnb Rental Income: $1276

Traditional Rental Income: $1959

Airbnb ROI: 0.81%

Traditional ROI: 5.53%

2789 ARBOR LANE

Memphis, TN

3 beds | 2 baths | N/A

$240,000

Airbnb cash on cash: 3.27%

Traditional cash on cash: 6.35%

Airbnb Rental Income: $1770

Traditional Rental Income: $1983

Airbnb ROI: 3.27%

Traditional ROI: 6.35%

935 County Road 229

Niota, TN

3 beds | 2 baths | 2,380 sq.ft.

$449,900

Airbnb cash on cash: 0.21%

Traditional cash on cash: 6.35%

Airbnb Rental Income: $1062

Traditional Rental Income: $3282

Airbnb ROI: 0.21%