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
8259 SAN AUGUSTINE Germantown, TN Gorgeous, updated, light-filled home in desirable Germantown Station! Spacious, open conce...	4 beds \| 3 baths \| N/A	$460,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.08% Airbnb Rental Income: $null Traditional Rental Income: $2740 Airbnb ROI: N/A Traditional ROI: 4.08%
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	$750,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.11% Airbnb Rental Income: $null Traditional Rental Income: $5370 Airbnb ROI: N/A Traditional ROI: 5.11%
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: N/A Traditional cash on cash: 7.06% Airbnb Rental Income: $null Traditional Rental Income: $1551 Airbnb ROI: N/A Traditional ROI: 7.06%
1309 BROOKSIDE Germantown, TN Welcome to a beautifully renovated home in the incredible Riverdale and Houston School dis...	4 beds \| 3 baths \| N/A	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.59% Airbnb Rental Income: $null Traditional Rental Income: $2741 Airbnb ROI: N/A Traditional ROI: 4.59%
1964 PRESTWICK Germantown, TN Welcome to this exceptional 4BR/2.5 BA home in the highly sought after Duntreath neighborh...	4 beds \| 3 baths \| N/A	$474,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.99% Airbnb Rental Income: $null Traditional Rental Income: $2762 Airbnb ROI: N/A Traditional ROI: 3.99%
2971 SANDY CREEK Germantown, TN Welcome to this spacious Germantown gemâan inviting one-story home designed for comfort ...	4 beds \| 3 baths \| N/A	$439,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.4% Airbnb Rental Income: $null Traditional Rental Income: $2786 Airbnb ROI: N/A Traditional ROI: 4.4%
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	$479,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.78% Airbnb Rental Income: $null Traditional Rental Income: $2254 Airbnb ROI: N/A Traditional ROI: 2.78%
2110 WOODSIDE Germantown, TN Tons of Updates! Minutes from all your necessities, this spacious 4bd (primary down)/2.5 b...	4 beds \| 3 baths \| N/A	$420,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.73% Airbnb Rental Income: $null Traditional Rental Income: $2754 Airbnb ROI: N/A Traditional ROI: 4.73%
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	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.39% Airbnb Rental Income: $null Traditional Rental Income: $2299 Airbnb ROI: N/A Traditional ROI: 4.39%
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: N/A Traditional cash on cash: 4.89% Airbnb Rental Income: $null Traditional Rental Income: $2755 Airbnb ROI: N/A 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	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.5% Airbnb Rental Income: $null Traditional Rental Income: $1841 Airbnb ROI: N/A Traditional ROI: 1.5%
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	$524,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.88% Airbnb Rental Income: $null Traditional Rental Income: $3501 Airbnb ROI: N/A Traditional ROI: 4.88%
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: N/A Traditional cash on cash: 4.93% Airbnb Rental Income: $null Traditional Rental Income: $3549 Airbnb ROI: N/A Traditional ROI: 4.93%
6976 COUNTRY #34 Germantown, TN Germantown under $270,000! Pool out the front door. 2 bedroom, 2 1/2 Bath townhome in high...	2 beds \| 3 baths \| N/A	$269,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.88% Airbnb Rental Income: $null Traditional Rental Income: $2076 Airbnb ROI: N/A Traditional ROI: 5.88%
2973 OAKLEIGH Germantown, TN Beautiful Renovation in the sought after Germantown Oakleigh neighborhood with a Pool!! Br...	4 beds \| 5 baths \| N/A	$625,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.62% Airbnb Rental Income: $null Traditional Rental Income: $4008 Airbnb ROI: N/A Traditional ROI: 4.62%
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	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.42% Airbnb Rental Income: $null Traditional Rental Income: $1551 Airbnb ROI: N/A Traditional ROI: 3.42%
2960 S GERMANTOWN Germantown, TN Move in ready. Recently complete renovation inside and out. Open design den kitchen dining...	5 beds \| 4 baths \| N/A	$569,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.75% Airbnb Rental Income: $null Traditional Rental Income: $3672 Airbnb ROI: N/A Traditional ROI: 4.75%
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: N/A Traditional cash on cash: 2.83% Airbnb Rental Income: $null Traditional Rental Income: $6245 Airbnb ROI: N/A Traditional ROI: 2.83%
2495 YESTER OAKS Germantown, TN Beautiful home in a gorgeous setting. Inground pool. Large BR's. HDWD flooring through out...	4 beds \| 6 baths \| N/A	$525,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.56% Airbnb Rental Income: $null Traditional Rental Income: $3923 Airbnb ROI: N/A Traditional ROI: 5.56%
2915 ELM RIDGE Germantown, TN Incredible 1 story charming home on quiet cove. Picturesque setting with lush landscape. N...	3 beds \| 2 baths \| N/A	$419,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.89% Airbnb Rental Income: $null Traditional Rental Income: $2031 Airbnb ROI: N/A Traditional ROI: 2.89%
9354 HAWTHORN HILL Germantown, TN Wonderful updating & remodeling in highly desirable Duntreath Subd. off Johnson Rd near Wo...	4 beds \| 3 baths \| N/A	$566,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.72% Airbnb Rental Income: $null Traditional Rental Income: $3085 Airbnb ROI: N/A Traditional ROI: 3.72%
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: N/A Traditional cash on cash: 1.86% Airbnb Rental Income: $null Traditional Rental Income: $2894 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 1.64% Airbnb Rental Income: $null Traditional Rental Income: $3674 Airbnb ROI: N/A Traditional ROI: 1.64%
7150 WOODRIDGE Germantown, TN 5.25% assumable VA loan and you don't have to be a Veteran. Call for details. 5 bedroom/3 ...	5 beds \| 3 baths \| N/A	$443,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.91% Airbnb Rental Income: $null Traditional Rental Income: $2963 Airbnb ROI: N/A Traditional ROI: 4.91%
3116 CHAPEL WOODS Germantown, TN Discover exceptional new construction in sought-after Chapel Cove by veteran builder Eric ...	5 beds \| 6 baths \| N/A	$1,750,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.84% Airbnb Rental Income: $null Traditional Rental Income: $6617 Airbnb ROI: N/A Traditional ROI: 2.84%
9172 CHEATHAM Germantown, TN Germantown's newest gated development, Olde Field Green! Nestled in one of the most desira...	5 beds \| 5 baths \| N/A	$1,120,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.77% Airbnb Rental Income: $null Traditional Rental Income: $4760 Airbnb ROI: N/A Traditional ROI: 2.77%
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	$749,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.04% Airbnb Rental Income: $null Traditional Rental Income: $1685 Airbnb ROI: N/A Traditional ROI: 0.04%
1687 NESHOBA OAK Germantown, TN This exceptional residence combines refined design with high-end finishes and a prime, cen...	5 beds \| 5 baths \| N/A	$1,100,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.75% Airbnb Rental Income: $null Traditional Rental Income: $4642 Airbnb ROI: N/A Traditional ROI: 2.75%
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: N/A Traditional cash on cash: 6.19% Airbnb Rental Income: $null Traditional Rental Income: $3547 Airbnb ROI: N/A Traditional ROI: 6.19%
9248 LIGGON GREEN Germantown, TN Gorgeous 4BR/3.5 BA home with the Perfect Layoutâ2BR on the main level, including a luxu...	4 beds \| 4 baths \| N/A	$749,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.75% Airbnb Rental Income: $null Traditional Rental Income: $3454 Airbnb ROI: N/A Traditional ROI: 2.75%
2467 TURPINS GLEN Germantown, TN Beautiful 4BR/3.5BA home in sought-after Germantown, just steps from Howard McVay Park! En...	4 beds \| 4 baths \| N/A	$478,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.71% Airbnb Rental Income: $null Traditional Rental Income: $3521 Airbnb ROI: N/A Traditional ROI: 5.71%
9212 LIGGON GREEN Germantown, TN Beautifully designed home in Enclave Estates of Germantown offering a smart, spacious layo...	4 beds \| 4 baths \| N/A	$735,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.16% Airbnb Rental Income: $null Traditional Rental Income: $3715 Airbnb ROI: N/A Traditional ROI: 3.16%
2178 E GLENALDEN Germantown, TN Welcome to Lake living in the heart of Germantown! 4 Bedroom/3.5 Bath + Playroom Brick hom...	4 beds \| 4 baths \| N/A	$699,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.32% Airbnb Rental Income: $null Traditional Rental Income: $3512 Airbnb ROI: N/A Traditional ROI: 3.32%
9123 WILDER RUN Germantown, TN Completed January 2026 - New Luxury Home in Germantown, TN built by Smith & Linder Homes, ...	5 beds \| 6 baths \| N/A	$1,475,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.1% Airbnb Rental Income: $null Traditional Rental Income: $6769 Airbnb ROI: N/A Traditional ROI: 3.1%
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: N/A Traditional cash on cash: 2.33% Airbnb Rental Income: $null Traditional Rental Income: $4828 Airbnb ROI: N/A Traditional ROI: 2.33%
1948 CLARINGTON Germantown, TN Gorgeous, gated home in Germantown. Updated and Luxurious Nottoway home with more than 6,...	5 beds \| 7 baths \| N/A	$1,050,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.42% Airbnb Rental Income: $null Traditional Rental Income: $6453 Airbnb ROI: N/A Traditional ROI: 4.42%
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: N/A Traditional cash on cash: 3.19% Airbnb Rental Income: $null Traditional Rental Income: $2032 Airbnb ROI: N/A Traditional ROI: 3.19%
8225 BEEKMAN Germantown, TN Great price for highly sought after Kimbrough Woods neighborhood. This nostalgic neighborh...	4 beds \| 3 baths \| N/A	$645,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.69% Airbnb Rental Income: $null Traditional Rental Income: $2965 Airbnb ROI: N/A Traditional ROI: 2.69%
7574 TAGG Germantown, TN Some photos are virtually staged. This home truly has it all! Offering over 6,300 sqft. of...	5 beds \| 5 baths \| N/A	$899,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.73% Airbnb Rental Income: $null Traditional Rental Income: $2629 Airbnb ROI: N/A Traditional ROI: 0.73%
2243 W GLENALDEN Germantown, TN Say hello to your newly renovated 5BR/4.5Bath home in gated Glenalden. Move in ready. Kitc...	5 beds \| 5 baths \| N/A	$789,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.89% Airbnb Rental Income: $null Traditional Rental Income: $2296 Airbnb ROI: N/A Traditional ROI: 0.89%

Real Estate investment in Germantown, TN

There are 114 properties for sale in the city of Germantown . The median list price in Germantown is $524,500 and the average price per square foot is $144. In April 2026, the average monthly cash on cash return in Germantown is 3.00%. The average monthly rental income in Germantown is $2,758.

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

There are 114 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 $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Germantown, TN

8259 SAN AUGUSTINE

Germantown, TN

4 beds | 3 baths | N/A

$460,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.08%

Airbnb Rental Income: $null

Traditional Rental Income: $2740

Airbnb ROI: N/A

Traditional ROI: 4.08%

2247 OTTERBURN

Germantown, TN

4 beds | 5 baths | N/A

$750,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.11%

Airbnb Rental Income: $null

Traditional Rental Income: $5370

Airbnb ROI: N/A

Traditional ROI: 5.11%

6592 S POPLAR WOODS #1

Germantown, TN

2 beds | 2 baths | N/A

$167,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.06%

Airbnb Rental Income: $null

Traditional Rental Income: $1551

Airbnb ROI: N/A

Traditional ROI: 7.06%

1309 BROOKSIDE

Germantown, TN

4 beds | 3 baths | N/A

$425,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.59%

Airbnb Rental Income: $null

Traditional Rental Income: $2741

Airbnb ROI: N/A

Traditional ROI: 4.59%

1964 PRESTWICK

Germantown, TN

4 beds | 3 baths | N/A

$474,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.99%

Airbnb Rental Income: $null

Traditional Rental Income: $2762

Airbnb ROI: N/A

Traditional ROI: 3.99%

2971 SANDY CREEK

Germantown, TN

4 beds | 3 baths | N/A

$439,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.4%

Airbnb Rental Income: $null

Traditional Rental Income: $2786

Airbnb ROI: N/A

Traditional ROI: 4.4%

2095 NEWFIELDS

Germantown, TN

3 beds | 3 baths | N/A

$479,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.78%

Airbnb Rental Income: $null

Traditional Rental Income: $2254

Airbnb ROI: N/A

Traditional ROI: 2.78%

2110 WOODSIDE

Germantown, TN

4 beds | 3 baths | N/A

$420,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.73%

Airbnb Rental Income: $null

Traditional Rental Income: $2754

Airbnb ROI: N/A