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
2221 Thistlewood Dr Nashville, TN 2221 Thistlewood Dr, Nashville, TN 37216 \| Single Family Residential	4 beds \| 3 baths \| 2,098 sq.ft.	$759,900	Airbnb cash on cash: 0.64% Traditional cash on cash: 2.58% Airbnb Rental Income: $2330 Traditional Rental Income: $3128 Airbnb ROI: 0.64% Traditional ROI: 2.58%
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	$278,000	Airbnb cash on cash: 0.89% Traditional cash on cash: 4.94% Airbnb Rental Income: $1386 Traditional Rental Income: $2028 Airbnb ROI: 0.89% Traditional ROI: 4.94%
731 N WALNUT WOODS Memphis, TN Beautifully maintained home with major updates throughout for peace of mind and modern com...	2 beds \| 3 baths \| N/A	$208,500	Airbnb cash on cash: 0.9% Traditional cash on cash: 7.12% Airbnb Rental Income: $1083 Traditional Rental Income: $1945 Airbnb ROI: 0.9% Traditional ROI: 7.12%
540 ELLSWORTH Memphis, TN Open Sun Nov 9, from 2-3:30pm. Step into this delightful East Buntyn bungalow brimming wit...	3 beds \| 2 baths \| N/A	$339,900	Airbnb cash on cash: 0.35% Traditional cash on cash: 3.5% Airbnb Rental Income: $1386 Traditional Rental Income: $1971 Airbnb ROI: 0.35% Traditional ROI: 3.5%
706 N BELVEDERE Memphis, TN Looking for a home that blends character, comfort, and convenience? This beautifully maint...	3 beds \| 2 baths \| N/A	$230,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 5.89% Airbnb Rental Income: $1134 Traditional Rental Income: $1959 Airbnb ROI: 0.37% Traditional ROI: 5.89%
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	$230,000	Airbnb cash on cash: 2.64% Traditional cash on cash: 6.66% Airbnb Rental Income: $1557 Traditional Rental Income: $1983 Airbnb ROI: 2.64% Traditional ROI: 6.66%
241 BARONNE #24 Memphis, TN Enjoy easy, all-on-one-floor living in this Woodlands home that was JUST beautifully and t...	3 beds \| 3 baths \| N/A	$725,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 1.61% Airbnb Rental Income: $1386 Traditional Rental Income: $2355 Airbnb ROI: -0.44% Traditional ROI: 1.61%
718 Rindlewood Lane Maryville, TN REDUCED! This is an amazing opportunity to get a gorgeous home inside Maryville City at a ...	4 beds \| N/A baths \| 3,165 sq.ft.	$669,900	Airbnb cash on cash: 0.77% Traditional cash on cash: 2.09% Airbnb Rental Income: $2164 Traditional Rental Income: $2443 Airbnb ROI: 0.77% Traditional ROI: 2.09%
225 North Avalon St Memphis, TN Located in the walkable Evergreen neighborhood, this lovely home is less than a mile to hi...	4 beds \| 3 baths \| N/A	$449,900	Airbnb cash on cash: -0.58% Traditional cash on cash: 4.8% Airbnb Rental Income: $909 Traditional Rental Income: $2833 Airbnb ROI: -0.58% Traditional ROI: 4.8%
1002 S WILLETT Memphis, TN Don't miss this beautiful home situated in the city's medical district this is a Gem!	3 beds \| 1 baths \| N/A	$225,900	Airbnb cash on cash: 1.76% Traditional cash on cash: 6.19% Airbnb Rental Income: $1134 Traditional Rental Income: $1703 Airbnb ROI: 1.76% Traditional ROI: 6.19%
717 Douglas Drive Rogersville, TN This charming ranch home offers the perfect blend of character and convenience. Step insid...	2 beds \| 2 baths \| 1,255 sq.ft.	$244,997	Airbnb cash on cash: 3.25% Traditional cash on cash: 5.38% Airbnb Rental Income: $1593 Traditional Rental Income: $1631 Airbnb ROI: 3.25% Traditional ROI: 5.38%
4018 Obar Drive Chattanooga, TN Executive home in the desirable Black Creek golf course community overlooking the 2nd gree...	5 beds \| N/A baths \| 6,102 sq.ft.	$1,795,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.88% Airbnb Rental Income: $null Traditional Rental Income: $4593 Airbnb ROI: N/A Traditional ROI: 0.88%
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	$179,900	Airbnb cash on cash: 0.56% Traditional cash on cash: 7.88% Airbnb Rental Income: $909 Traditional Rental Income: $1823 Airbnb ROI: 0.56% Traditional ROI: 7.88%
1832 TALISKER Cordova, TN Welcome to Glen Lakes â a beautiful, gated community known for its serene ponds, walking...	4 beds \| 3 baths \| N/A	$312,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 5.33% Airbnb Rental Income: $1013 Traditional Rental Income: $2138 Airbnb ROI: 0.28% Traditional ROI: 5.33%
1713 Cardinal Drive Gatlinburg, TN If you've been searching for the perfect blend of seclusion, style, and convenience, welco...	3 beds \| N/A baths \| 2,624 sq.ft.	$864,900	Airbnb cash on cash: 0.04% Traditional cash on cash: 2.05% Airbnb Rental Income: $1487 Traditional Rental Income: $2675 Airbnb ROI: 0.04% 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: 0.8% Traditional cash on cash: 3.32% Airbnb Rental Income: $1165 Traditional Rental Income: $1248 Airbnb ROI: 0.8% 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: -0.27% Traditional cash on cash: 0.6% Airbnb Rental Income: $1487 Traditional Rental Income: $1296 Airbnb ROI: -0.27% 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 \| N/A baths \| 1,160 sq.ft.	$465,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 1.99% Airbnb Rental Income: $1313 Traditional Rental Income: $1564 Airbnb ROI: 0.48% Traditional ROI: 1.99%
1536 Zurich Rd Gatlinburg, TN Welcome to Swiss Bear Haus, a beautifully maintained three bedroom, two bath chalet with a...	3 beds \| 2 baths \| 1,644 sq.ft.	$737,900	Airbnb cash on cash: 0.13% Traditional cash on cash: 1.39% Airbnb Rental Income: $1487 Traditional Rental Income: $1915 Airbnb ROI: 0.13% Traditional ROI: 1.39%
918 Elm Road Gatlinburg, TN Charming Gatlinburg Retreat! This well-maintained home at 918 Elm Rd offers the perfect bl...	3 beds \| N/A baths \| 3,624 sq.ft.	$1,950,000	Airbnb cash on cash: -0.69% Traditional cash on cash: -0.26% Airbnb Rental Income: $1487 Traditional Rental Income: $1824 Airbnb ROI: -0.69% Traditional ROI: -0.26%
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: 0.31% Traditional cash on cash: 0.71% Airbnb Rental Income: $1313 Traditional Rental Income: $1108 Airbnb ROI: 0.31% Traditional ROI: 0.71%
1130 Ski View Drive unit: 115 #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: 1.16% Traditional cash on cash: 2.63% Airbnb Rental Income: $1313 Traditional Rental Income: $1377 Airbnb ROI: 1.16% 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: 1.28% Traditional cash on cash: 0.61% Airbnb Rental Income: $1399 Traditional Rental Income: $789 Airbnb ROI: 1.28% Traditional ROI: 0.61%
221 Chimney Tops Way Gatlinburg, TN Luxury Mountain Retreat with Indoor Pool - Prime Gatlinburg Location!Welcome to 221 Chimne...	4 beds \| 5 baths \| 2,496 sq.ft.	$1,030,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 2.47% Airbnb Rental Income: $1710 Traditional Rental Income: $3474 Airbnb ROI: 0.14% Traditional ROI: 2.47%
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.	$769,000	Airbnb cash on cash: -0.56% Traditional cash on cash: 2.13% Airbnb Rental Income: $1313 Traditional Rental Income: $2833 Airbnb ROI: -0.56% Traditional ROI: 2.13%
565 Galloway Lane Gatlinburg, TN Take a look at this charming one bedroom, one and a half bathroom cabin that sleeps four i...	1 beds \| N/A baths \| 1,872 sq.ft.	$499,000	Airbnb cash on cash: 0.2% Traditional cash on cash: 1.96% Airbnb Rental Income: $1319 Traditional Rental Income: $1732 Airbnb ROI: 0.2% Traditional ROI: 1.96%
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	$159,500	Airbnb cash on cash: -2.36% Traditional cash on cash: 8.13% Airbnb Rental Income: $447 Traditional Rental Income: $1781 Airbnb ROI: -2.36% Traditional ROI: 8.13%
3549 MARION Memphis, TN This 2 bedroom 3 bath beauty has been updated and is move in ready! Updated bathrooms, fre...	2 beds \| 3 baths \| N/A	$157,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 11.47% Airbnb Rental Income: $787 Traditional Rental Income: $2170 Airbnb ROI: 0.12% Traditional ROI: 11.47%
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	$1,170,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 2.13% Airbnb Rental Income: $2131 Traditional Rental Income: $4789 Airbnb ROI: -0.82% Traditional ROI: 2.13%
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: -0.37% Traditional cash on cash: 2.45% Airbnb Rental Income: $1126 Traditional Rental Income: $1547 Airbnb ROI: -0.37% Traditional ROI: 2.45%
215 S REESE Memphis, TN Experience the perfect blend of style & comfort in this newer-built East Memphis 3 bedroom...	3 beds \| 2 baths \| N/A	$349,900	Airbnb cash on cash: 0.19% Traditional cash on cash: 2.94% Airbnb Rental Income: $1386 Traditional Rental Income: $1871 Airbnb ROI: 0.19% Traditional ROI: 2.94%
2954 SOUTHERN #2954 Memphis, TN	2 beds \| 3 baths \| N/A	$239,900	Airbnb cash on cash: -0.68% Traditional cash on cash: 7.67% Airbnb Rental Income: $787 Traditional Rental Income: $2360 Airbnb ROI: -0.68% Traditional ROI: 7.67%
2535 YALE Memphis, TN ATTENTION!! Back on Market. Investor Buyer had difficulty getting his contruction financin...	3 beds \| 2 baths \| N/A	$165,000	Airbnb cash on cash: 2.6% Traditional cash on cash: 9.21% Airbnb Rental Income: $1134 Traditional Rental Income: $1796 Airbnb ROI: 2.6% Traditional ROI: 9.21%
3176 YALE Memphis, TN Updated Duplex in Eastern Heights â Prime Investment Opportunity in 38112! Located just ...	4 beds \| 2 baths \| N/A	$179,900	Airbnb cash on cash: 2.2% Traditional cash on cash: 10.45% Airbnb Rental Income: $1134 Traditional Rental Income: $2170 Airbnb ROI: 2.2% Traditional ROI: 10.45%
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.	$2,275,000	Airbnb cash on cash: -0.66% Traditional cash on cash: -0.32% Airbnb Rental Income: $1575 Traditional Rental Income: $1827 Airbnb ROI: -0.66% Traditional ROI: -0.32%
2588 Carters Valley Road Surgoinsville, TN Endless Possibilities - Live, Work & Dream on This Unique Property! Looking for more than ...	2 beds \| 4 baths \| 2,880 sq.ft.	$425,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 3.16% Airbnb Rental Income: $950 Traditional Rental Income: $1816 Airbnb ROI: 0.11% Traditional ROI: 3.16%
2308 Yorkcrest Drive Knoxville, TN ALL BRICK RANCER ON LEVEL LOT New roof 2024. HVAC motor replaced 2023, unit serviced regul...	3 beds \| 2 baths \| 1,250 sq.ft.	$364,000	Airbnb cash on cash: 0.24% Traditional cash on cash: 4.1% Airbnb Rental Income: $1013 Traditional Rental Income: $1974 Airbnb ROI: 0.24% Traditional ROI: 4.1%
2312 Woodrow Drive Knoxville, TN Don't miss this 95 yr old beauty loaded with character! Lovingly taken care of and updated...	3 beds \| N/A baths \| 1,796 sq.ft.	$350,000	Airbnb cash on cash: 0.66% Traditional cash on cash: 4.7% Airbnb Rental Income: $1198 Traditional Rental Income: $2136 Airbnb ROI: 0.66% Traditional ROI: 4.7%
1609 Long Street Chattanooga, TN Live in the heart of Chattanooga's vibrant Southside at this stylish and well-located cond...	1 beds \| 1 baths \| 740 sq.ft.	$309,900	Airbnb cash on cash: 0.64% Traditional cash on cash: 1.98% Airbnb Rental Income: $1321 Traditional Rental Income: $1302 Airbnb ROI: 0.64% Traditional ROI: 1.98%
130 Lookout Pointe unit: 130 #130 Johnson City, TN Discover unparalleled single-level living in this meticulously upgraded condominium in Joh...	4 beds \| 2 baths \| 1,792 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.34% Airbnb Rental Income: $null Traditional Rental Income: $2664 Airbnb ROI: N/A Traditional ROI: 4.34%

Real Estate investment in Tennessee

There are 20,091 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 $239,133 and the average price per square foot is $0. Their average monthly cash on cash return is 6.33%.

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

There are 20,091 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 Memphis (7%) 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

2221 Thistlewood Dr

Nashville, TN

4 beds | 3 baths | 2,098 sq.ft.

$759,900

Airbnb cash on cash: 0.64%

Traditional cash on cash: 2.58%

Airbnb Rental Income: $2330

Traditional Rental Income: $3128

Airbnb ROI: 0.64%

Traditional ROI: 2.58%

3172 JOFFRE

Memphis, TN

3 beds | 2 baths | N/A

$278,000

Airbnb cash on cash: 0.89%

Traditional cash on cash: 4.94%

Airbnb Rental Income: $1386

Traditional Rental Income: $2028

Airbnb ROI: 0.89%

Traditional ROI: 4.94%

731 N WALNUT WOODS

Memphis, TN

2 beds | 3 baths | N/A

$208,500

Airbnb cash on cash: 0.9%

Traditional cash on cash: 7.12%

Airbnb Rental Income: $1083

Traditional Rental Income: $1945

Airbnb ROI: 0.9%

Traditional ROI: 7.12%

540 ELLSWORTH

Memphis, TN

3 beds | 2 baths | N/A

$339,900

Airbnb cash on cash: 0.35%

Traditional cash on cash: 3.5%

Airbnb Rental Income: $1386

Traditional Rental Income: $1971

Airbnb ROI: 0.35%

Traditional ROI: 3.5%

706 N BELVEDERE

Memphis, TN

3 beds | 2 baths | N/A

$230,000

Airbnb cash on cash: 0.37%

Traditional cash on cash: 5.89%

Airbnb Rental Income: $1134

Traditional Rental Income: $1959

Airbnb ROI: 0.37%

Traditional ROI: 5.89%

2789 ARBOR LANE

Memphis, TN

3 beds | 2 baths | N/A

$230,000

Airbnb cash on cash: 2.64%

Traditional cash on cash: 6.66%

Airbnb Rental Income: $1557

Traditional Rental Income: $1983

Airbnb ROI: 2.64%

Traditional ROI: 6.66%

241 BARONNE #24

Memphis, TN

3 beds | 3 baths | N/A

$725,000

Airbnb cash on cash: -0.44%

Traditional cash on cash: 1.61%

Airbnb Rental Income: $1386

Traditional Rental Income: $2355

Airbnb ROI: -0.44%

Traditional ROI: 1.61%

718 Rindlewood Lane

Maryville, TN

4 beds | N/A baths | 3,165 sq.ft.

$669,900

Airbnb cash on cash: 0.77%

Traditional cash on cash: 2.09%

Airbnb Rental Income: $2164

Traditional Rental Income: $2443

Airbnb ROI: 0.77%