Real Estate Investment Properties for Sale in Germantown, TN

Looking for investment property in Germantown, TN with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2247 OTTERBURN Germantown, TN On the Water in Gated Glenalden! Lakefront home in a highly sought-after, guarded commun...	4 beds \| 5 baths \| N/A	$699,000	Airbnb cash on cash: -0.95% Traditional cash on cash: 5.55% Airbnb Rental Income: $1585 Traditional Rental Income: $5370 Airbnb ROI: -0.95% Traditional ROI: 5.55%
6592 S POPLAR WOODS #1 Germantown, TN Welcome to 6592 Poplar Woods Circle in Germantown, Tennessee, a 2-bedroom, 2-bath condo of...	2 beds \| 2 baths \| N/A	$167,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 6.93% Airbnb Rental Income: $758 Traditional Rental Income: $1529 Airbnb ROI: 0.1% Traditional ROI: 6.93%
8467 ROTHCHILD #34 Germantown, TN This is an over the top cute urban chic! Exposed beam columns & trim. Awesome barn door gr...	2 beds \| 2 baths \| N/A	$255,000	Airbnb cash on cash: -0.6% Traditional cash on cash: 4.9% Airbnb Rental Income: $758 Traditional Rental Income: $1768 Airbnb ROI: -0.6% Traditional ROI: 4.9%
1971 ALDER BRANCH Germantown, TN Thoughtfully updated with over $30,000 in recent improvements, this home blends modern com...	4 beds \| 3 baths \| N/A	$500,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 3.59% Airbnb Rental Income: $1585 Traditional Rental Income: $2760 Airbnb ROI: 0.11% Traditional ROI: 3.59%
1766 DICKENS Germantown, TN Price Adjusted! MOTIVATED SELLERS! This is move-in-ready home offers incredible space at a...	4 beds \| 4 baths \| N/A	$867,000	Airbnb cash on cash: -0.8% Traditional cash on cash: 2.51% Airbnb Rental Income: $1585 Traditional Rental Income: $3802 Airbnb ROI: -0.8% Traditional ROI: 2.51%
2543 BIRCHTREE Germantown, TN Well maintained 4BR/2BA home in a highly desirable Germantown location zoned for Houston H...	4 beds \| 2 baths \| N/A	$379,900	Airbnb cash on cash: 0.92% Traditional cash on cash: 4.13% Airbnb Rental Income: $1585 Traditional Rental Income: $2279 Airbnb ROI: 0.92% Traditional ROI: 4.13%
8441 SHERMAN OAKS Germantown, TN Beautifully updated home in a prime locationâjust a short walk to Farmington Elementary ...	4 beds \| 3 baths \| N/A	$479,900	Airbnb cash on cash: 0.26% Traditional cash on cash: 3.88% Airbnb Rental Income: $1585 Traditional Rental Income: $2756 Airbnb ROI: 0.26% Traditional ROI: 3.88%
2971 SANDY CREEK Germantown, TN Open Sunday, 5/17 2-4PM! Welcome to this spacious Germantown gemâan inviting one-story h...	4 beds \| 3 baths \| N/A	$435,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 4.46% Airbnb Rental Income: $1585 Traditional Rental Income: $2786 Airbnb ROI: 0.4% Traditional ROI: 4.46%
2095 NEWFIELDS Germantown, TN Amazing 4BR 2.5 BA or 3+ BONUS. w/ renovated kitchen & bathrooms. Kitchen has granite coun...	3 beds \| 3 baths \| N/A	$469,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 3.07% Airbnb Rental Income: $1155 Traditional Rental Income: $2347 Airbnb ROI: -0.51% Traditional ROI: 3.07%
2110 WOODSIDE Germantown, TN Tons of Updates! Roof 2020, Garage Door 2020, Tankless HWH 2021, Furnace 2024, Granite 202...	4 beds \| 3 baths \| N/A	$410,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 4.87% Airbnb Rental Income: $1585 Traditional Rental Income: $2754 Airbnb ROI: 0.64% Traditional ROI: 4.87%
1654 SHADOW MOSS #22 Germantown, TN Experience completely updated living in this beautifully renovated 3 Bed, 2 and a 1/2 Bath...	3 beds \| 3 baths \| N/A	$359,900	Airbnb cash on cash: 0.02% Traditional cash on cash: 4.53% Airbnb Rental Income: $1155 Traditional Rental Income: $2299 Airbnb ROI: 0.02% Traditional ROI: 4.53%
1655 KIMBROUGH #1655 Germantown, TN Charming 3 Bedroom, 2.5 Bath Townhouse located in the heart of Germantown. This well-maint...	3 beds \| 3 baths \| N/A	$389,000	Airbnb cash on cash: -0.12% Traditional cash on cash: 4.12% Airbnb Rental Income: $1155 Traditional Rental Income: $2320 Airbnb ROI: -0.12% Traditional ROI: 4.12%
2447 BIRCHTREE Germantown, TN Located in a quiet Germantown neighborhood, this updated and renovated home will be the pe...	4 beds \| 3 baths \| N/A	$400,000	Airbnb cash on cash: 0.56% Traditional cash on cash: 4.89% Airbnb Rental Income: $1585 Traditional Rental Income: $2755 Airbnb ROI: 0.56% Traditional ROI: 4.89%
1898 WICKLOW Germantown, TN Welcome to this rare zero lot line home in the highly desirable Wicklow community! This ch...	3 beds \| 2 baths \| N/A	$415,000	Airbnb cash on cash: -1.18% Traditional cash on cash: 1.56% Airbnb Rental Income: $1155 Traditional Rental Income: $1841 Airbnb ROI: -1.18% Traditional ROI: 1.56%
7471 GERMANTOWN Germantown, TN Turnkey condo in the heart of Germantown - easily the standout in the complex! Thoughtfull...	2 beds \| 3 baths \| N/A	$270,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 5.08% Airbnb Rental Income: $758 Traditional Rental Income: $1923 Airbnb ROI: -0.73% Traditional ROI: 5.08%
8193 KIMBROOK Germantown, TN Are you looking for a home with a PRIMARY BEDROOM SUITE UP AND DOWN? If so, then here you ...	4 beds \| 4 baths \| N/A	$514,900	Airbnb cash on cash: 0.06% Traditional cash on cash: 4.99% Airbnb Rental Income: $1585 Traditional Rental Income: $3501 Airbnb ROI: 0.06% Traditional ROI: 4.99%
8422 POPLAR Germantown, TN Welcome home to this beautifully updated Germantown gem! The entire first level boasts stu...	4 beds \| 4 baths \| N/A	$549,900	Airbnb cash on cash: 0.22% Traditional cash on cash: 4.93% Airbnb Rental Income: $1585 Traditional Rental Income: $3549 Airbnb ROI: 0.22% Traditional ROI: 4.93%
6976 COUNTRY #34 Germantown, TN New roof coming soon. Germantown condo under $270,000, yes please! Pool out the front door...	2 beds \| 3 baths \| N/A	$269,900	Airbnb cash on cash: -0.53% Traditional cash on cash: 5.88% Airbnb Rental Income: $758 Traditional Rental Income: $2076 Airbnb ROI: -0.53% Traditional ROI: 5.88%
1675 S RAVENHILL #19 Germantown, TN Rare opportunity in sought-after Kimbrough Forest Condominiums in Germantown! This hard-to...	2 beds \| 2 baths \| N/A	$274,900	Airbnb cash on cash: -0.86% Traditional cash on cash: 3.88% Airbnb Rental Income: $758 Traditional Rental Income: $1672 Airbnb ROI: -0.86% Traditional ROI: 3.88%
2960 S GERMANTOWN Germantown, TN Price Reduction. Recently complete renovation inside and out. Open design den kitchen dini...	5 beds \| 4 baths \| N/A	$549,900	Airbnb cash on cash: -0.04% Traditional cash on cash: 4.95% Airbnb Rental Income: $1558 Traditional Rental Income: $3672 Airbnb ROI: -0.04% Traditional ROI: 4.95%
9143 CHEATHAM Germantown, TN Completed in May 2024 by Griffin Elkington Builder, this stunning Germantown home offers 5...	5 beds \| 5 baths \| N/A	$1,275,000	Airbnb cash on cash: -1.5% Traditional cash on cash: 2.83% Airbnb Rental Income: $1558 Traditional Rental Income: $6245 Airbnb ROI: -1.5% Traditional ROI: 2.83%
9354 HAWTHORN HILL Germantown, TN Wonderful updating & remodeling in highly desirable Duntreath Subd. off Johnson Rd near Wo...	4 beds \| 3 baths \| N/A	$538,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 3.96% Airbnb Rental Income: $1585 Traditional Rental Income: $3085 Airbnb ROI: 0.08% Traditional ROI: 3.96%
3077 POPLAR GROVE Germantown, TN Welcome to this beautifully updated 4 bedroom home (plus a 19x14 bonus room) nestled in th...	4 beds \| 3 baths \| N/A	$615,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 3.48% Airbnb Rental Income: $1585 Traditional Rental Income: $3259 Airbnb ROI: -0.23% Traditional ROI: 3.48%
1815 BOULINWOOD Germantown, TN Welcome to 1815 Boulinwood Lnâperfectly positioned in the heart of Germantown just minut...	4 beds \| 3 baths \| N/A	$425,000	Airbnb cash on cash: 0.58% Traditional cash on cash: 5.49% Airbnb Rental Income: $1585 Traditional Rental Income: $3087 Airbnb ROI: 0.58% Traditional ROI: 5.49%
2060 N ARDEN LANDING Germantown, TN Best location at the end of the cove. Quiet and private overlooking the lake and walking t...	4 beds \| 3 baths \| N/A	$799,500	Airbnb cash on cash: -0.51% Traditional cash on cash: 1.86% Airbnb Rental Income: $1585 Traditional Rental Income: $2894 Airbnb ROI: -0.51% Traditional ROI: 1.86%
9140 CHEATHAM Germantown, TN Located in a prestigious gated Germantown community, this custom home by Frank Gusmus & ar...	5 beds \| 4 baths \| N/A	$1,150,000	Airbnb cash on cash: -0.75% Traditional cash on cash: 1.64% Airbnb Rental Income: $1558 Traditional Rental Income: $3674 Airbnb ROI: -0.75% Traditional ROI: 1.64%
9221 LIGGON GREEN Germantown, TN Beautiful Home in Sought after Enclave. Open and Airy with beautiful hardwood floors! Cook...	5 beds \| 4 baths \| N/A	$725,000	Airbnb cash on cash: -0.78% Traditional cash on cash: 0.07% Airbnb Rental Income: $1558 Traditional Rental Income: $1685 Airbnb ROI: -0.78% Traditional ROI: 0.07%
7545 WHEATLEY Germantown, TN HURRY-unbelievable space! 4 or 5 bedrooms and 3 1/2 baths! Fabulous primary suite with of...	4 beds \| 4 baths \| N/A	$450,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 6.19% Airbnb Rental Income: $1585 Traditional Rental Income: $3547 Airbnb ROI: 0.46% Traditional ROI: 6.19%
9121 CHEATHAM Germantown, TN Extraordinary New Home By Griffin Elkington In The Latest Gated Subdivision Of Germantown....	5 beds \| 5 baths \| N/A	$1,225,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 2.33% Airbnb Rental Income: $1558 Traditional Rental Income: $4828 Airbnb ROI: -0.93% Traditional ROI: 2.33%
1822 DRAGONFLY #79 Germantown, TN Don't Miss This West Rock Cutie! 2 BR 2 1/2 Baths-Great Open Floorplan-Heart of Germantown...	2 beds \| 3 baths \| N/A	$230,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 4.38% Airbnb Rental Income: $758 Traditional Rental Income: $1497 Airbnb ROI: -0.46% Traditional ROI: 4.38%
1835 BRIERBROOK Germantown, TN Your private paradise awaits at 1835 Brierbrook Road! This 3BR, 2BA Germantown gem is ful...	3 beds \| 2 baths \| N/A	$395,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 3.19% Airbnb Rental Income: $1155 Traditional Rental Income: $2032 Airbnb ROI: -0.21% Traditional ROI: 3.19%
8225 BEEKMAN Germantown, TN Attractive price for highly sought after Kimbrough Woods neighborhood. This nostalgic neig...	4 beds \| 3 baths \| N/A	$599,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 2.97% Airbnb Rental Income: $1585 Traditional Rental Income: $2965 Airbnb ROI: -0.31% Traditional ROI: 2.97%
7574 TAGG Germantown, TN Price cut! Motivated SELLER. Some photos are virtually staged. This home truly has it all...	5 beds \| 5 baths \| N/A	$885,000	Airbnb cash on cash: -1.08% Traditional cash on cash: 0.76% Airbnb Rental Income: $1558 Traditional Rental Income: $2629 Airbnb ROI: -1.08% Traditional ROI: 0.76%
8451 OLD ELM Germantown, TN Best value in Germantown! Tucked in a quiet Germantown cove and packed with updates, this ...	4 beds \| 3 baths \| N/A	$584,900	Airbnb cash on cash: 0.04% Traditional cash on cash: 3.03% Airbnb Rental Income: $1585 Traditional Rental Income: $2765 Airbnb ROI: 0.04% Traditional ROI: 3.03%
3181 CHAPEL WOODS Germantown, TN Stunning 4-bedroom, 3.5-bath home in the heart of Germantown, convenient to shops, dining...	4 beds \| 4 baths \| N/A	$1,200,000	Airbnb cash on cash: -1.47% Traditional cash on cash: -0.75% Airbnb Rental Income: $1585 Traditional Rental Income: $1927 Airbnb ROI: -1.47% Traditional ROI: -0.75%
9168 SYCAMORE CREEK Germantown, TN Rare opportunity in one of Germantownâs most established neighborhoods. Located on a qui...	4 beds \| 3 baths \| N/A	$490,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 1.24% Airbnb Rental Income: $1585 Traditional Rental Income: $1645 Airbnb ROI: 0.12% Traditional ROI: 1.24%
7024 COUNTRY Germantown, TN Lovely condo with spacious rooms. Has been well maintained. Spacious Bedrooms up. Large wa...	3 beds \| 3 baths \| N/A	$274,990	Airbnb cash on cash: 0.72% Traditional cash on cash: 6.67% Airbnb Rental Income: $1155 Traditional Rental Income: $2317 Airbnb ROI: 0.72% Traditional ROI: 6.67%
2108 PRESTWICK Germantown, TN Welcome to 2108 Prestwick Dr. in the sought-after Duntreath neighborhood! This beautifully...	3 beds \| 3 baths \| N/A	$520,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 3.69% Airbnb Rental Income: $1155 Traditional Rental Income: $2818 Airbnb ROI: -0.51% Traditional ROI: 3.69%
6960 COUNTRY Germantown, TN Qualify for $6,000 Down Payment plus CLOSING COST!! MOTIVATED SELLER selling family condo....	4 beds \| 3 baths \| N/A	$289,900	Airbnb cash on cash: 2.11% Traditional cash on cash: 5.5% Airbnb Rental Income: $1585 Traditional Rental Income: $2056 Airbnb ROI: 2.11% Traditional ROI: 5.5%
8441 SANDY BERRY Germantown, TN Donât miss this incredible opportunity in the heart of Germantown! NEW LOW PRICE $499,90...	4 beds \| 4 baths \| N/A	$499,900	Airbnb cash on cash: 0.23% Traditional cash on cash: 2.34% Airbnb Rental Income: $1585 Traditional Rental Income: $2118 Airbnb ROI: 0.23% Traditional ROI: 2.34%

Real Estate investment in Germantown, TN

There are 120 properties for sale in the city of Germantown . The median list price in Germantown is $517,500 and the average price per square foot is $208. In May 2026, the average monthly cash on cash return in Germantown is 4.00%. The average monthly rental income in Germantown is $2,766.

Germantown, TN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 120 investment properties available for sale in Germantown.

In 2026, the best neighborhood to buy investment property is Germantown.

The ROI for Short-Term is higher than the Long-Term in Germantown with average rental income of $1,558.

Your search for investment property begins and ends here

Investment Property for Sale in Germantown, TN

2247 OTTERBURN

Germantown, TN

4 beds | 5 baths | N/A

$699,000

Airbnb cash on cash: -0.95%

Traditional cash on cash: 5.55%

Airbnb Rental Income: $1585

Traditional Rental Income: $5370

Airbnb ROI: -0.95%

Traditional ROI: 5.55%

6592 S POPLAR WOODS #1

Germantown, TN

2 beds | 2 baths | N/A

$167,000

Airbnb cash on cash: 0.1%

Traditional cash on cash: 6.93%

Airbnb Rental Income: $758

Traditional Rental Income: $1529

Airbnb ROI: 0.1%

Traditional ROI: 6.93%

8467 ROTHCHILD #34

Germantown, TN

2 beds | 2 baths | N/A

$255,000

Airbnb cash on cash: -0.6%

Traditional cash on cash: 4.9%

Airbnb Rental Income: $758

Traditional Rental Income: $1768

Airbnb ROI: -0.6%

Traditional ROI: 4.9%

1971 ALDER BRANCH

Germantown, TN

4 beds | 3 baths | N/A

$500,000

Airbnb cash on cash: 0.11%

Traditional cash on cash: 3.59%

Airbnb Rental Income: $1585

Traditional Rental Income: $2760

Airbnb ROI: 0.11%

Traditional ROI: 3.59%

1766 DICKENS

Germantown, TN

4 beds | 4 baths | N/A

$867,000

Airbnb cash on cash: -0.8%

Traditional cash on cash: 2.51%

Airbnb Rental Income: $1585

Traditional Rental Income: $3802

Airbnb ROI: -0.8%

Traditional ROI: 2.51%

2543 BIRCHTREE

Germantown, TN

4 beds | 2 baths | N/A

$379,900

Airbnb cash on cash: 0.92%

Traditional cash on cash: 4.13%

Airbnb Rental Income: $1585

Traditional Rental Income: $2279

Airbnb ROI: 0.92%

Traditional ROI: 4.13%

8441 SHERMAN OAKS

Germantown, TN

4 beds | 3 baths | N/A

$479,900

Airbnb cash on cash: 0.26%

Traditional cash on cash: 3.88%

Airbnb Rental Income: $1585

Traditional Rental Income: $2756

Airbnb ROI: 0.26%

Traditional ROI: 3.88%

2971 SANDY CREEK

Germantown, TN

4 beds | 3 baths | N/A

$435,000

Airbnb cash on cash: 0.4%

Traditional cash on cash: 4.46%

Airbnb Rental Income: $1585

Traditional Rental Income: $2786

Airbnb ROI: 0.4%