Real Estate Investment Properties for Sale in Memphis, TN

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

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

Townhouses for Sale in Memphis, TN

Search for Townhouse for Sale in Memphis, Tennessee. Browse all of Mashvisor’s Townhouse listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 39 Townhouse 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
6910 Petworth Rd #6910 Memphis, TN Stunning updated 3BR 2.5BA Townhome in highly desired Germantown Village. This spacious to...	3 beds \| 2 baths \| N/A	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.63% Airbnb Rental Income: $null Traditional Rental Income: $2081 Airbnb ROI: N/A Traditional ROI: 5.63%
4195 Cedartree Dr Memphis, TN BACK ON MARKET 10/26 BUYER FINANCING FAILED What a great start to Homeownership or to b...	2 beds \| 2 baths \| N/A	$139,874	Airbnb cash on cash: -0.34% Traditional cash on cash: 8.27% Airbnb Rental Income: $575 Traditional Rental Income: $1445 Airbnb ROI: -0.34% Traditional ROI: 8.27%
448 Tennessee St Memphis, TN Meticulously Maintained!! Wonderful Location! Premier Corner Unit! 2 Car Garage/Secured Pa...	2 beds \| 2 baths \| N/A	$419,900	Airbnb cash on cash: -0.67% Traditional cash on cash: 3.6% Airbnb Rental Income: $1079 Traditional Rental Income: $2394 Airbnb ROI: -0.67% Traditional ROI: 3.6%
5476 E East End Village Dr Memphis, TN East End Village is an exclusive community of 26 luxury townhomes in the heart of East Mem...	2 beds \| 2 baths \| N/A	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.18% Airbnb Rental Income: $null Traditional Rental Income: $2361 Airbnb ROI: N/A Traditional ROI: 4.18%
5480 Park Ave Memphis, TN East End Village is an exclusive community of 26 luxury townhomes in the heart of East Mem...	3 beds \| 2 baths \| N/A	$485,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.2% Airbnb Rental Income: $null Traditional Rental Income: $2838 Airbnb ROI: N/A Traditional ROI: 4.2%
2275 Edgewood Cv Memphis, TN PRICE REDUCED! Located in the lovely and convenient Lennox neighborhood at Union & East Pa...	2 beds \| 2 baths \| N/A	$219,500	Airbnb cash on cash: -2.39% Traditional cash on cash: 5.75% Airbnb Rental Income: $504 Traditional Rental Income: $1924 Airbnb ROI: -2.39% Traditional ROI: 5.75%
573 S Front St Memphis, TN Rare opportunity to own a fantastic townhome in the sought after South Main area of downto...	3 beds \| 3 baths \| N/A	$595,000	Airbnb cash on cash: -0.95% Traditional cash on cash: 1.46% Airbnb Rental Income: $1410 Traditional Rental Income: $2328 Airbnb ROI: -0.95% Traditional ROI: 1.46%
38 Angelus St Memphis, TN This beautifully modern townhome offers 3 spacious bedrooms, 2 stylish bathrooms, and an o...	3 beds \| 2 baths \| N/A	$299,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 6.37% Airbnb Rental Income: $756 Traditional Rental Income: $2364 Airbnb ROI: -0.46% Traditional ROI: 6.37%
6918 Talcott Ln Memphis, TN This is our model/office for Union Depot, it is not currently for sale. Pricing for the to...	3 beds \| 2 baths \| N/A	$315,730	Airbnb cash on cash: 0.44% Traditional cash on cash: 5.83% Airbnb Rental Income: $1104 Traditional Rental Income: $2330 Airbnb ROI: 0.44% Traditional ROI: 5.83%
5393 Alladin Ave #5 Memphis, TN The Charleston Brownstonesâ5 levels, a private elevator, and elevated designer finishes....	3 beds \| 3 baths \| N/A	$1,500,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.73% Airbnb Rental Income: $null Traditional Rental Income: $3817 Airbnb ROI: N/A Traditional ROI: 0.73%
104 Vance Ave Memphis, TN Awesome Townhome on Corner of S Main and Vance in the Heart of the South Main District. 3 ...	3 beds \| 2 baths \| N/A	$549,000	Airbnb cash on cash: -0.63% Traditional cash on cash: 2.08% Airbnb Rental Income: $1410 Traditional Rental Income: $2373 Airbnb ROI: -0.63% Traditional ROI: 2.08%
6896 Talcott Ln Memphis, TN Our next townhomes are officially under construction! Same floor plan as our on-site fully...	3 beds \| 2 baths \| N/A	$295,330	Airbnb cash on cash: -0.96% Traditional cash on cash: 5.75% Airbnb Rental Income: $818 Traditional Rental Income: $2358 Airbnb ROI: -0.96% Traditional ROI: 5.75%
6894 Talcott Ln Memphis, TN Our next townhomes are officially under construction! Same floor plan as our on-site fully...	3 beds \| 2 baths \| N/A	$295,795	Airbnb cash on cash: -0.96% Traditional cash on cash: 5.74% Airbnb Rental Income: $818 Traditional Rental Income: $2358 Airbnb ROI: -0.96% Traditional ROI: 5.74%
6890 Talcott Ln Memphis, TN Our next townhomes are officially under construction! Same floor plan as our on-site fully...	3 beds \| 2 baths \| N/A	$288,910	Airbnb cash on cash: -0.94% Traditional cash on cash: 5.91% Airbnb Rental Income: $818 Traditional Rental Income: $2358 Airbnb ROI: -0.94% Traditional ROI: 5.91%
6888 Talcott Ln Memphis, TN Our next townhomes are officially under construction! Same floor plan as our on-site fully...	3 beds \| 2 baths \| N/A	$303,880	Airbnb cash on cash: -0.98% Traditional cash on cash: 5.54% Airbnb Rental Income: $818 Traditional Rental Income: $2358 Airbnb ROI: -0.98% Traditional ROI: 5.54%
6886 Talcott Ln Memphis, TN Our next townhomes are officially under construction! Same floor plan as our on-site fully...	3 beds \| 2 baths \| N/A	$307,585	Airbnb cash on cash: -0.99% Traditional cash on cash: 5.46% Airbnb Rental Income: $818 Traditional Rental Income: $2358 Airbnb ROI: -0.99% Traditional ROI: 5.46%
3046 Portage Dr Memphis, TN Our next townhomes are officially under construction! Primary Suite downstairs! Â½ Bath fo...	3 beds \| 2 baths \| N/A	$347,675	Airbnb cash on cash: -0.34% Traditional cash on cash: 4.63% Airbnb Rental Income: $1104 Traditional Rental Income: $2356 Airbnb ROI: -0.34% Traditional ROI: 4.63%
3048 Portage Dr Memphis, TN Our next townhomes are officially under construction! Primary Suite downstairs! Â½ Bath fo...	3 beds \| 2 baths \| N/A	$319,690	Airbnb cash on cash: -0.22% Traditional cash on cash: 5.18% Airbnb Rental Income: $1104 Traditional Rental Income: $2356 Airbnb ROI: -0.22% Traditional ROI: 5.18%
262 Bremington Pl Memphis, TN NEW PRICE, SO NICE! Modern Updates in this stunning 3-Bedroom Zero Lot Line Home with Cus...	3 beds \| 2 baths \| N/A	$489,900	Airbnb cash on cash: -0.97% Traditional cash on cash: 2.52% Airbnb Rental Income: $1425 Traditional Rental Income: $2598 Airbnb ROI: -0.97% Traditional ROI: 2.52%
5474 Park Ave Memphis, TN East End Village is an exclusive community of 26 luxury townhomes in the heart of East Mem...	3 beds \| 2 baths \| N/A	$485,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.41% Airbnb Rental Income: $null Traditional Rental Income: $2482 Airbnb ROI: N/A Traditional ROI: 3.41%
1401 Club Gardens Pl Memphis, TN Newly constructed luxury Townhome located in the heart of Midtown Memphis' newest 12 home ...	3 beds \| 3 baths \| N/A	$775,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 2.78% Airbnb Rental Income: $756 Traditional Rental Income: $2970 Airbnb ROI: -0.72% Traditional ROI: 2.78%
1403 Club Gardens Pl Memphis, TN Newly constructed luxury 4 bedroom 4 and 1 half bath Townhome located in the heart of Midt...	3 beds \| 3 baths \| N/A	$775,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 4.58% Airbnb Rental Income: $756 Traditional Rental Income: $4271 Airbnb ROI: -0.72% Traditional ROI: 4.58%
3050 Portage Dr Memphis, TN Our next townhomes are officially under construction! Primary Suite downstairs! Â½ Bath fo...	3 beds \| 2 baths \| N/A	$340,365	Airbnb cash on cash: 0.53% Traditional cash on cash: 4.76% Airbnb Rental Income: $1425 Traditional Rental Income: $2351 Airbnb ROI: 0.53% Traditional ROI: 4.76%
3052 Portage Dr Memphis, TN Our next townhomes are officially under construction! Primary Suite downstairs! Â½ Bath fo...	3 beds \| 2 baths \| N/A	$342,855	Airbnb cash on cash: -0.32% Traditional cash on cash: 4.72% Airbnb Rental Income: $1104 Traditional Rental Income: $2354 Airbnb ROI: -0.32% Traditional ROI: 4.72%
3054 Portage Dr Memphis, TN Our next townhomes are officially under construction! Primary Suite downstairs! Â½ Bath fo...	3 beds \| 2 baths \| N/A	$320,175	Airbnb cash on cash: -0.22% Traditional cash on cash: 5.17% Airbnb Rental Income: $1104 Traditional Rental Income: $2354 Airbnb ROI: -0.22% Traditional ROI: 5.17%
4204 Hickory Grove Dr Memphis, TN An excellent opportunity for homeownership or expanding your investment portfolio! This we...	2 beds \| 2 baths \| N/A	$156,498	Airbnb cash on cash: -0.37% Traditional cash on cash: 8.71% Airbnb Rental Income: $575 Traditional Rental Income: $1647 Airbnb ROI: -0.37% Traditional ROI: 8.71%
5476 Park Ave Memphis, TN East End Village is an exclusive community of 26 luxury townhomes in the heart of East Mem...	3 beds \| 3 baths \| N/A	$485,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.93% Airbnb Rental Income: $null Traditional Rental Income: $2480 Airbnb ROI: N/A Traditional ROI: 3.93%
473 Frontline Cv Memphis, TN Experience modern, chic living in the heart of Downtown Memphis in this stunning townhome ...	3 beds \| 3 baths \| N/A	$475,000	Airbnb cash on cash: -1.16% Traditional cash on cash: 3.45% Airbnb Rental Income: $1410 Traditional Rental Income: $3036 Airbnb ROI: -1.16% Traditional ROI: 3.45%
555 S Front St Memphis, TN 555 S Front St, Memphis, TN 38103 \| Townhouse	3 beds \| 3 baths \| 2,520 sq.ft.	$497,500	Airbnb cash on cash: -0.26% Traditional cash on cash: 2.11% Airbnb Rental Income: $1410 Traditional Rental Income: $2092 Airbnb ROI: -0.26% Traditional ROI: 2.11%
273 W Central Park Ave #1 Memphis, TN 273 W Central Park Ave #1, Memphis, TN 38111 \| Townhouse	2 beds \| 2 baths \| 1,418 sq.ft.	$199,900	Airbnb cash on cash: 0.36% Traditional cash on cash: 4.39% Airbnb Rental Income: $808 Traditional Rental Income: $1249 Airbnb ROI: 0.36% Traditional ROI: 4.39%
1845 Quail Valley Dr #1845 Memphis, TN 1845 Quail Valley Dr #1845, Memphis, TN 38134 \| Townhouse	3 beds \| 2 baths \| N/A	$105,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 7.79% Airbnb Rental Income: $855 Traditional Rental Income: $1266 Airbnb ROI: 0.5% Traditional ROI: 7.79%
344 Greenway Pl Memphis, TN 344 Greenway Pl, Memphis, TN 38117 \| Townhouse	3 beds \| 2 baths \| N/A	$398,500	Airbnb cash on cash: 0.29% Traditional cash on cash: 1.1% Airbnb Rental Income: $1425 Traditional Rental Income: $1303 Airbnb ROI: 0.29% Traditional ROI: 1.1%
49 Vance Ave #49 Memphis, TN 49 Vance Ave #49, Memphis, TN 38103 \| Townhouse	2 beds \| 2 baths \| N/A	$420,000	Airbnb cash on cash: -0.14% Traditional cash on cash: 1.2% Airbnb Rental Income: $1079 Traditional Rental Income: $1236 Airbnb ROI: -0.14% Traditional ROI: 1.2%
2273 Edgewood Cv #2273 Memphis, TN 2273 Edgewood Cv #2273, Memphis, TN 38104 \| Townhouse	2 beds \| 1 baths \| N/A	$230,000	Airbnb cash on cash: -1.07% Traditional cash on cash: 1.26% Airbnb Rental Income: $504 Traditional Rental Income: $739 Airbnb ROI: -1.07% Traditional ROI: 1.26%
6543 Fern Creek Dr Memphis, TN 6543 Fern Creek Dr, Memphis, TN 38115 \| Townhouse	2 beds \| 2 baths \| N/A	$124,900	Airbnb cash on cash: -0.07% Traditional cash on cash: 6.17% Airbnb Rental Income: $575 Traditional Rental Income: $1041 Airbnb ROI: -0.07% Traditional ROI: 6.17%
6604 Gazebo Cv Memphis, TN 6604 Gazebo Cv, Memphis, TN 38115 \| Townhouse	2 beds \| 2 baths \| N/A	$124,900	Airbnb cash on cash: -0.07% Traditional cash on cash: 6.38% Airbnb Rental Income: $575 Traditional Rental Income: $1066 Airbnb ROI: -0.07% Traditional ROI: 6.38%
928 Harbor View Dr Memphis, TN 928 Harbor View Dr, Memphis, TN 38103 \| Townhouse	3 beds \| 2 baths \| N/A	$439,500	Airbnb cash on cash: -0.06% Traditional cash on cash: 0.76% Airbnb Rental Income: $1410 Traditional Rental Income: $1324 Airbnb ROI: -0.06% Traditional ROI: 0.76%
1636 Central Ave Memphis, TN	3 beds \| 2 baths \| N/A	$325,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 2.14% Airbnb Rental Income: $756 Traditional Rental Income: $1267 Airbnb ROI: -0.57% Traditional ROI: 2.14%
6452 Macon Rd Memphis, TN 6452 Macon Rd, Memphis, TN 38134 \| Townhouse	3 beds \| 1 baths \| 1,505 sq.ft.	$157,000	Airbnb cash on cash: 2.55% Traditional cash on cash: 8.51% Airbnb Rental Income: $1104 Traditional Rental Income: $1626 Airbnb ROI: 2.55% Traditional ROI: 8.51%

Your search for investment property begins and ends here

Townhouses for Sale in Memphis, TN

6910 Petworth Rd #6910

Memphis, TN

3 beds | 2 baths | N/A

$249,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.63%

Airbnb Rental Income: $null

Traditional Rental Income: $2081

Airbnb ROI: N/A

Traditional ROI: 5.63%

4195 Cedartree Dr

Memphis, TN

2 beds | 2 baths | N/A

$139,874

Airbnb cash on cash: -0.34%

Traditional cash on cash: 8.27%

Airbnb Rental Income: $575

Traditional Rental Income: $1445

Airbnb ROI: -0.34%

Traditional ROI: 8.27%

448 Tennessee St

Memphis, TN

2 beds | 2 baths | N/A

$419,900

Airbnb cash on cash: -0.67%

Traditional cash on cash: 3.6%

Airbnb Rental Income: $1079

Traditional Rental Income: $2394

Airbnb ROI: -0.67%

Traditional ROI: 3.6%

5476 E East End Village Dr

Memphis, TN

2 beds | 2 baths | N/A

$399,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.18%

Airbnb Rental Income: $null

Traditional Rental Income: $2361

Airbnb ROI: N/A

Traditional ROI: 4.18%

5480 Park Ave

Memphis, TN

3 beds | 2 baths | N/A

$485,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.2%

Airbnb Rental Income: $null

Traditional Rental Income: $2838

Airbnb ROI: N/A

Traditional ROI: 4.2%

2275 Edgewood Cv

Memphis, TN

2 beds | 2 baths | N/A

$219,500

Airbnb cash on cash: -2.39%

Traditional cash on cash: 5.75%

Airbnb Rental Income: $504

Traditional Rental Income: $1924

Airbnb ROI: -2.39%

Traditional ROI: 5.75%

573 S Front St

Memphis, TN

3 beds | 3 baths | N/A

$595,000

Airbnb cash on cash: -0.95%

Traditional cash on cash: 1.46%

Airbnb Rental Income: $1410

Traditional Rental Income: $2328

Airbnb ROI: -0.95%

Traditional ROI: 1.46%

38 Angelus St

Memphis, TN

3 beds | 2 baths | N/A

$299,000

Airbnb cash on cash: -0.46%

Traditional cash on cash: 6.37%

Airbnb Rental Income: $756

Traditional Rental Income: $2364

Airbnb ROI: -0.46%