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 2026

In 2026, Hendersonis the best city to buy investment properties. Find more investment properties today!

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
577 Pitt Road Kingsport, TN Don't miss your chance to own this charming log cabin on beautiful Patrick Henry Lake--whe...	4 beds \| 2 baths \| 2,178 sq.ft.	$475,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 4.25% Airbnb Rental Income: $1384 Traditional Rental Income: $2598 Airbnb ROI: 0.57% Traditional ROI: 4.25%
1450 WALTON Memphis, TN Cutest starter home in East Memphis! Granite countertops and ceiling-height cabinets shine...	2 beds \| 1 baths \| N/A	$225,000	Airbnb cash on cash: 0.24% Traditional cash on cash: 4.55% Airbnb Rental Income: $989 Traditional Rental Income: $1554 Airbnb ROI: 0.24% Traditional ROI: 4.55%
505 EASTBOURNE Memphis, TN Beautifully renovated 4 bed, 2 bath home in the heart of East Memphis! This move-in ready ...	4 beds \| 2 baths \| N/A	$349,900	Airbnb cash on cash: 2.35% Traditional cash on cash: 4.07% Airbnb Rental Income: $2148 Traditional Rental Income: $2167 Airbnb ROI: 2.35% Traditional ROI: 4.07%
3889 BIRCHMEADOW Memphis, TN INVESTERS ONLY!!! Hot investment opportunity. Tenant occupied 3bed 2bath home rented at $...	3 beds \| 2 baths \| N/A	$170,000	Airbnb cash on cash: 2.81% Traditional cash on cash: 8.52% Airbnb Rental Income: $1296 Traditional Rental Income: $1816 Airbnb ROI: 2.81% Traditional ROI: 8.52%
2099 BLACK OAK Memphis, TN ABSOLUTELY STUNNING UPDATED HOME IN THE SOUGHT AFTER GREENTREES SUBDIVISION. THIS HOME FEA...	4 beds \| 4 baths \| N/A	$574,900	Airbnb cash on cash: -0.18% Traditional cash on cash: 4.48% Airbnb Rental Income: $1479 Traditional Rental Income: $3547 Airbnb ROI: -0.18% Traditional ROI: 4.48%
540 ELLSWORTH Memphis, TN Great new attractive price! Step into this delightful East Buntyn bungalow brimming with w...	2 beds \| 2 baths \| N/A	$319,700	Airbnb cash on cash: -0.44% Traditional cash on cash: 4.01% Airbnb Rental Income: $989 Traditional Rental Income: $1971 Airbnb ROI: -0.44% Traditional ROI: 4.01%
8477 SHADY ELM Cordova, TN Step into this beautifully maintained 3-bedroom, 2-bath home featuring a spacious bonus ro...	3 beds \| 2 baths \| N/A	$293,000	Airbnb cash on cash: -0.22% Traditional cash on cash: 4.35% Airbnb Rental Income: $1004 Traditional Rental Income: $1908 Airbnb ROI: -0.22% Traditional ROI: 4.35%
620 Lovers Lane Greeneville, TN Excellent income-producing 7-unit Class B investment property in a peaceful country settin...	9 beds \| 7 baths \| 4,766 sq.ft.	$589,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.42% Airbnb Rental Income: $null Traditional Rental Income: $5544 Airbnb ROI: N/A Traditional ROI: 8.42%
471 S REESE Memphis, TN Price improvement! Come see this storybook East Buntyn bungalow today! Filled with charm a...	3 beds \| 3 baths \| N/A	$339,900	Airbnb cash on cash: -0.2% Traditional cash on cash: 3.78% Airbnb Rental Income: $1182 Traditional Rental Income: $2065 Airbnb ROI: -0.2% Traditional ROI: 3.78%
1002 S WILLETT Memphis, TN Don't miss this beautiful home situated in the city's medical district this is a Gem!	3 beds \| 2 baths \| N/A	$215,000	Airbnb cash on cash: 1.51% Traditional cash on cash: 6.54% Airbnb Rental Income: $1041 Traditional Rental Income: $1703 Airbnb ROI: 1.51% Traditional ROI: 6.54%
884 DRAKE MANOR Memphis, TN Awesome Heart of East Memphis locationâjust minutes from shopping, theaters, top schools...	4 beds \| 4 baths \| N/A	$795,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 1.99% Airbnb Rental Income: $2148 Traditional Rental Income: $3333 Airbnb ROI: -0.35% Traditional ROI: 1.99%
3467 Caywood Road Dandridge, TN ********MOTIVATED SELLER******* ***THIS HOME IS PRICED TO SELL***** Magnificen...	3 beds \| 4 baths \| 4,027 sq.ft.	$999,000	Airbnb cash on cash: -0.64% Traditional cash on cash: 1.51% Airbnb Rental Income: $1209 Traditional Rental Income: $2817 Airbnb ROI: -0.64% Traditional ROI: 1.51%
65 Lakeshore Terrace #21 Crab Orchard, TN Enjoy breathtaking waterfront views the moment you walk into this beautifully maintained 1...	2 beds \| 2 baths \| 1,380 sq.ft.	$239,999	Airbnb cash on cash: 0.93% Traditional cash on cash: 4.15% Airbnb Rental Income: $1237 Traditional Rental Income: $1572 Airbnb ROI: 0.93% Traditional ROI: 4.15%
939 Tavistock Way Knoxville, TN New paint and lighting! Motivated seller!! Beautifully designed condo. Features formal din...	3 beds \| 2 baths \| 1,826 sq.ft.	$389,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 3.01% Airbnb Rental Income: $1293 Traditional Rental Income: $2009 Airbnb ROI: -0.06% Traditional ROI: 3.01%
6101 Sunnyside Rd Philadelphia, TN Fully remodeled farmhouse dating back to pre-civil war era with 3 brick thick exterior con...	3 beds \| 3 baths \| 2,778 sq.ft.	$900,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.05% Airbnb Rental Income: $null Traditional Rental Income: $2804 Airbnb ROI: N/A Traditional ROI: 2.05%
4018 Obar Drive Chattanooga, TN Executive home in the desirable Black Creek golf course community overlooking the 2nd gree...	5 beds \| 5 baths \| 6,102 sq.ft.	$1,700,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.99% Airbnb Rental Income: $null Traditional Rental Income: $4593 Airbnb ROI: N/A 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: 1.33% Traditional cash on cash: 7.64% Airbnb Rental Income: $1081 Traditional Rental Income: $1823 Airbnb ROI: 1.33% Traditional ROI: 7.64%
1260 Ski View Dr #3308 Gatlinburg, TN Welcome to ''The Loft'', a beautifully designed three-bedroom, two-bath condominium in The...	3 beds \| 2 baths \| 906 sq.ft.	$294,900	Airbnb cash on cash: -0.34% Traditional cash on cash: 0.63% Airbnb Rental Income: $1458 Traditional Rental Income: $1296 Airbnb ROI: -0.34% Traditional ROI: 0.63%
856 Resort Way Gatlinburg, TN Beautiful 3 bedroom, 3 bath, 2 half bath luxury rental cabin, located in Gatlinburg's prem...	3 beds \| 3 baths \| 2,704 sq.ft.	$899,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 1.07% Airbnb Rental Income: $1458 Traditional Rental Income: $2364 Airbnb ROI: -0.53% Traditional ROI: 1.07%
1536 Zurich Rd Gatlinburg, TN High-Performing Short-Term Rental Opportunity with Projected Annual Income of $80,000 to $...	3 beds \| 2 baths \| 1,644 sq.ft.	$654,900	Airbnb cash on cash: 0.23% Traditional cash on cash: 1.68% Airbnb Rental Income: $1458 Traditional Rental Income: $1915 Airbnb ROI: 0.23% Traditional ROI: 1.68%
1110 Ski Mtn Rd Gatlinburg, TN Perched on a private lot in Gatlinburg, this cabin chalet is fully immersed in awe-inspiri...	3 beds \| 3 baths \| 2,346 sq.ft.	$630,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 1.72% Airbnb Rental Income: $1458 Traditional Rental Income: $1944 Airbnb ROI: 0.16% Traditional ROI: 1.72%
1886 Acorn Branch Ln Gatlinburg, TN 1886 Acorn Branch Ln, Gatlinburg, TN 37738 \| Single Family Residential	6 beds \| 6 baths \| 8,974 sq.ft.	$3,600,000	Airbnb cash on cash: -1.31% Traditional cash on cash: 0.01% Airbnb Rental Income: $1917 Traditional Rental Income: $5826 Airbnb ROI: -1.31% Traditional ROI: 0.01%
918 Elm Road Gatlinburg, TN Charming Gatlinburg Retreat! This well-maintained home at 918 Elm Rd offers the perfect bl...	3 beds \| 5 baths \| 3,624 sq.ft.	$1,850,000	Airbnb cash on cash: -0.69% Traditional cash on cash: -0.22% Airbnb Rental Income: $1458 Traditional Rental Income: $1824 Airbnb ROI: -0.69% Traditional ROI: -0.22%
913 Ski Mountain Road Gatlinburg, TN Charming A-Frame Chalet Cabin, Secluded Retreat Near Town & Attractions Escape to this bea...	2 beds \| 3 baths \| 1,040 sq.ft.	$549,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 0.71% Airbnb Rental Income: $1214 Traditional Rental Income: $1108 Airbnb ROI: 0.15% Traditional ROI: 0.71%
415 Matterhorn Dr Gatlinburg, TN AMAZING INVESTMENT OPPORTUNITY!!! STRU PERMIT IN HAND FROM THE SEVIER COUNTY FIRE MARSHAL'...	6 beds \| 4 baths \| 4,971 sq.ft.	$1,280,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 1.93% Airbnb Rental Income: $1917 Traditional Rental Income: $4028 Airbnb ROI: -0.27% Traditional ROI: 1.93%
1130 Ski View Drive #115 Gatlinburg, TN Discover the perfect Gatlinburg getaway in this recently renovated, spacious retreat, just...	2 beds \| 2 baths \| 1,443 sq.ft.	$340,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 2.63% Airbnb Rental Income: $1214 Traditional Rental Income: $1377 Airbnb ROI: 0.9% Traditional ROI: 2.63%
730 Wiley Oakley Dr Gatlinburg, TN 730 Wiley Oakley Dr, Gatlinburg, TN 37738 \| Other	N/A beds \| N/A baths \| 2,910 sq.ft.	$299,500	Airbnb cash on cash: 2.12% Traditional cash on cash: 0.61% Airbnb Rental Income: $1683 Traditional Rental Income: $789 Airbnb ROI: 2.12% Traditional ROI: 0.61%
727 Mountain Stream Way Gatlinburg, TN Daydreamer's Delight is a stunning three level cabin with over 2,500 sq ft located in the ...	2 beds \| 3 baths \| 2,574 sq.ft.	$750,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 1.95% Airbnb Rental Income: $1214 Traditional Rental Income: $2833 Airbnb ROI: -0.93% Traditional ROI: 1.95%
8645 MEADOW GREEN Memphis, TN OPEN HOUSE Sunday, 4/26 3-4:30pm. Another PRICE DROP on this spacious home located in one ...	4 beds \| 3 baths \| N/A	$315,000	Airbnb cash on cash: 0.07% Traditional cash on cash: 6.49% Airbnb Rental Income: $1253 Traditional Rental Income: $2758 Airbnb ROI: 0.07% Traditional ROI: 6.49%
2309 Washington Ave Knoxville, TN Owner/Agent - Agent's primary home of 8 years This four-bedroom craftsman invites you into...	4 beds \| 3 baths \| 2,455 sq.ft.	$600,000	Airbnb cash on cash: 0.67% Traditional cash on cash: 3.64% Airbnb Rental Income: $1665 Traditional Rental Income: $2862 Airbnb ROI: 0.67% Traditional ROI: 3.64%
14 Windsor Point Crossville, TN	2 beds \| 3 baths \| 2,165 sq.ft.	$584,500	Airbnb cash on cash: -0.73% Traditional cash on cash: 2.56% Airbnb Rental Income: $733 Traditional Rental Income: $2220 Airbnb ROI: -0.73% Traditional ROI: 2.56%
1044 BRUCE Memphis, TN BRAND NEW 40 YEAR ROOF!!! This is one of the rarest finds in Cooper-Young. This house has ...	2 beds \| 1 baths \| N/A	$300,000	Airbnb cash on cash: -1.47% Traditional cash on cash: 2.44% Airbnb Rental Income: $487 Traditional Rental Income: $1320 Airbnb ROI: -1.47% Traditional ROI: 2.44%
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	$990,000	Airbnb cash on cash: -0.77% Traditional cash on cash: 2.69% Airbnb Rental Income: $2148 Traditional Rental Income: $4789 Airbnb ROI: -0.77% Traditional ROI: 2.69%
3070 GUERNSEY Memphis, TN Renovated rental property with an active lease in place. Currently leased at $1,275 with a...	3 beds \| 1 baths \| N/A	$176,890	Airbnb cash on cash: 0.76% Traditional cash on cash: 6.35% Airbnb Rental Income: $786 Traditional Rental Income: $1406 Airbnb ROI: 0.76% Traditional ROI: 6.35%
1255 Shuler Rd Townsend, TN Come check out this one-of-a-kind property that'll take your breath away in the highly des...	2 beds \| 2 baths \| 1,872 sq.ft.	$1,999,000	Airbnb cash on cash: -0.73% Traditional cash on cash: -0.23% Airbnb Rental Income: $1317 Traditional Rental Income: $1827 Airbnb ROI: -0.73% Traditional ROI: -0.23%
8 Lake Harbor Court Johnson City, TN Gorgeous lakefront home in the exclusive Lake Harbor Estates community. This custom built ...	4 beds \| 5 baths \| 4,177 sq.ft.	$1,850,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.62% Airbnb Rental Income: $null Traditional Rental Income: $5118 Airbnb ROI: N/A Traditional ROI: 1.62%
85 Jaybird Lane Greeneville, TN Charming brick ranch with a finished basement nestled on 2.3 acres in beautiful Greene Cou...	5 beds \| 3 baths \| 3,728 sq.ft.	$489,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.64% Airbnb Rental Income: $null Traditional Rental Income: $2762 Airbnb ROI: N/A Traditional ROI: 4.64%
2588 Carters Valley Road Surgoinsville, TN Live. Work. Invest. A Truly One-of-a-Kind Opportunity in Northeast Tennessee! If you've be...	2 beds \| 4 baths \| 2,880 sq.ft.	$399,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 3.43% Airbnb Rental Income: $662 Traditional Rental Income: $1816 Airbnb ROI: -0.46% Traditional ROI: 3.43%
31 Hickory Point Jonesborough, TN Welcome to this beautifully updated 5-bedroom home tucked away on a quiet cul-de-sac, offe...	5 beds \| 5 baths \| 4,565 sq.ft.	$749,800	Airbnb cash on cash: N/A Traditional cash on cash: 5.13% Airbnb Rental Income: $null Traditional Rental Income: $4583 Airbnb ROI: N/A Traditional ROI: 5.13%
4116 Fox Run Court Kingsport, TN Meticulously maintained and thoughtfully updated, this sprawling ranch home offers excepti...	4 beds \| 4 baths \| 4,500 sq.ft.	$864,000	Airbnb cash on cash: -0.14% Traditional cash on cash: 2.79% Airbnb Rental Income: $1384 Traditional Rental Income: $3323 Airbnb ROI: -0.14% Traditional ROI: 2.79%

Real Estate investment in Tennessee

There are 20,823 properties available for sale in the state of Tennessee. Henderson, Memphis and Charlotte are the best rental property markets in Tennessee. The average median price of properties for sale in these cities are $304,402 and the average price per square foot is $0. Their average monthly cash on cash return is 5.00%.

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

There are 20,823 investment properties available for sale in Tennessee.

In 2026, Henderson is the best city to buy investment properties. Find more investment properties today!

In 2026, Henderson (8%) and Memphis (6%) 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

577 Pitt Road

Kingsport, TN

4 beds | 2 baths | 2,178 sq.ft.

$475,000

Airbnb cash on cash: 0.57%

Traditional cash on cash: 4.25%

Airbnb Rental Income: $1384

Traditional Rental Income: $2598

Airbnb ROI: 0.57%

Traditional ROI: 4.25%

1450 WALTON

Memphis, TN

2 beds | 1 baths | N/A

$225,000

Airbnb cash on cash: 0.24%

Traditional cash on cash: 4.55%

Airbnb Rental Income: $989

Traditional Rental Income: $1554

Airbnb ROI: 0.24%

Traditional ROI: 4.55%

505 EASTBOURNE

Memphis, TN

4 beds | 2 baths | N/A

$349,900

Airbnb cash on cash: 2.35%

Traditional cash on cash: 4.07%

Airbnb Rental Income: $2148

Traditional Rental Income: $2167

Airbnb ROI: 2.35%

Traditional ROI: 4.07%

3889 BIRCHMEADOW

Memphis, TN

3 beds | 2 baths | N/A

$170,000

Airbnb cash on cash: 2.81%

Traditional cash on cash: 8.52%

Airbnb Rental Income: $1296

Traditional Rental Income: $1816

Airbnb ROI: 2.81%

Traditional ROI: 8.52%

2099 BLACK OAK

Memphis, TN

4 beds | 4 baths | N/A

$574,900

Airbnb cash on cash: -0.18%

Traditional cash on cash: 4.48%

Airbnb Rental Income: $1479

Traditional Rental Income: $3547

Airbnb ROI: -0.18%

Traditional ROI: 4.48%

540 ELLSWORTH

Memphis, TN

2 beds | 2 baths | N/A

$319,700

Airbnb cash on cash: -0.44%

Traditional cash on cash: 4.01%

Airbnb Rental Income: $989

Traditional Rental Income: $1971

Airbnb ROI: -0.44%

Traditional ROI: 4.01%

8477 SHADY ELM

Cordova, TN

3 beds | 2 baths | N/A

$293,000

Airbnb cash on cash: -0.22%

Traditional cash on cash: 4.35%

Airbnb Rental Income: $1004

Traditional Rental Income: $1908

Airbnb ROI: -0.22%

Traditional ROI: 4.35%

620 Lovers Lane

Greeneville, TN

9 beds | 7 baths | 4,766 sq.ft.

$589,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.42%

Airbnb Rental Income: $null

Traditional Rental Income: $5544

Airbnb ROI: N/A