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.

Townhouses for Sale in Germantown, TN

Search for Townhouse for Sale in Germantown, 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 4 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
1937 INNSBRUCK Dr #46 Germantown, TN UPDATED CONDO IN THE HEART OF GERMANTOWN! New carpet, fresh paint, granite and quartz coun...	3 beds \| 3 baths \| 1,505 sq.ft.	$239,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 6.82% Airbnb Rental Income: $880 Traditional Rental Income: $1968 Airbnb ROI: 0.52% Traditional ROI: 6.82%
1654 SHADOW MOSS Ln #22 Germantown, TN Experience completely updated living in this beautifully renovated 3 Bed, 2 and a 1/2 Bath...	3 beds \| 3 baths \| 2,008 sq.ft.	$359,900	Airbnb cash on cash: -0.26% Traditional cash on cash: 4.62% Airbnb Rental Income: $880 Traditional Rental Income: $2194 Airbnb ROI: -0.26% Traditional ROI: 4.62%
1674 E RAVENHILL Dr #49 Germantown, TN Beautiful townhouse-style condo in the desirable Kimbrough Forest Condominium Association ...	3 beds \| 3 baths \| 2,026 sq.ft.	$340,000	Airbnb cash on cash: -0.22% Traditional cash on cash: 5.31% Airbnb Rental Income: $880 Traditional Rental Income: $2313 Airbnb ROI: -0.22% Traditional ROI: 5.31%
1906 Allenby Rd #16 Germantown, TN Experience refined living at 1906 Allenby Rd Unit 16, nestled in one of Germantown's most ...	3 beds \| 2 baths \| 1,583 sq.ft.	$264,900	Airbnb cash on cash: 0.15% Traditional cash on cash: 4.84% Airbnb Rental Income: $880 Traditional Rental Income: $1739 Airbnb ROI: 0.15% Traditional ROI: 4.84%
Other Investment Properties for Sale in Germantown
6592 S Poplar Woods Cir S #1 Germantown , TN Welcome to 6592 Poplar Woods Circle in Germantown, Tennessee, a 2-bedroom, 2-bath condo of...	2 beds \| 2 baths \| 1,304 sq.ft.	$155,000	Airbnb cash on cash: 1.65% Traditional cash on cash: 7.85% Airbnb Rental Income: $942 Traditional Rental Income: $1529 Airbnb ROI: 1.65% Traditional ROI: 7.85%
1842 Enclave Green Ln W Germantown , TN Experience low-maintenance luxury living in this spacious 4-bedroom, 3-bath home featuring...	4 beds \| 3 baths \| 4,537 sq.ft.	$875,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 1.69% Airbnb Rental Income: $1933 Traditional Rental Income: $2810 Airbnb ROI: -0.01% Traditional ROI: 1.69%
1595 Poplar Estates Pkwy Germantown , TN Assumable VA loan with a 2.49% interest rate. this stunning 4-bedroom, 3-bath home is full...	4 beds \| 3 baths \| 3,213 sq.ft.	$450,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 4.9% Airbnb Rental Income: $1933 Traditional Rental Income: $2943 Airbnb ROI: 1.39% Traditional ROI: 4.9%
2966 Tamerlane Ln Germantown , TN Completely renovated and move-in ready! This charming 4-bedroom, 2.5-bath home features NE...	4 beds \| 2 baths \| 2,828 sq.ft.	$399,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 4.92% Airbnb Rental Income: $1933 Traditional Rental Income: $2702 Airbnb ROI: 1.7% Traditional ROI: 4.92%
2247 OTTERBURN Ln Germantown , TN Back on the market due to absolutely no fault of the sellers! The previous buyer's financi...	4 beds \| 5 baths \| 5,512 sq.ft.	$699,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 6.13% Airbnb Rental Income: $1933 Traditional Rental Income: $5263 Airbnb ROI: 0.23% Traditional ROI: 6.13%
1380 Poplar Estates Pkwy Germantown , TN Fall in love with this stunning 5BR/3BA retreat on a lush corner lot, where every detail i...	5 beds \| 3 baths \| 2,774 sq.ft.	$504,999	Airbnb cash on cash: 1.17% Traditional cash on cash: 4.09% Airbnb Rental Income: $1923 Traditional Rental Income: $2805 Airbnb ROI: 1.17% Traditional ROI: 4.09%
7471 Germantown Sq Germantown , TN Turnkey condo in the heart of Germantown - easily the standout in the complex! Thoughtfull...	2 beds \| 2 baths \| 1,274 sq.ft.	$264,900	Airbnb cash on cash: 0.33% Traditional cash on cash: 5.64% Airbnb Rental Income: $942 Traditional Rental Income: $1923 Airbnb ROI: 0.33% Traditional ROI: 5.64%
6997 Fords Station Rd #16 Germantown , TN Beautiful Germantown condominium with 4 bedrooms, 2.1 bathrooms featuring fresh updates th...	4 beds \| 2 baths \| 2,243 sq.ft.	$296,900	Airbnb cash on cash: 3.17% Traditional cash on cash: 3.97% Airbnb Rental Income: $1933 Traditional Rental Income: $1645 Airbnb ROI: 3.17% Traditional ROI: 3.97%
8422 Poplar Pike Germantown , TN Welcome home to this beautifully updated Germantown gem! The entire first level boasts stu...	4 beds \| 3 baths \| 3,653 sq.ft.	$549,900	Airbnb cash on cash: 1.07% Traditional cash on cash: 5.21% Airbnb Rental Income: $1933 Traditional Rental Income: $3549 Airbnb ROI: 1.07% Traditional ROI: 5.21%
6976 Country Rd #34 Germantown , TN New roof coming soon. Best price in Germantown! Pool out the front door for your summer fu...	2 beds \| 2 baths \| 1,870 sq.ft.	$250,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 6.76% Airbnb Rental Income: $942 Traditional Rental Income: $2076 Airbnb ROI: 0.49% Traditional ROI: 6.76%
1675 S Ravenhill Dr #19 Germantown , TN Rare opportunity in sought-after Kimbrough Forest Condominiums in Germantown! This hard-to...	2 beds \| 2 baths \| 1,584 sq.ft.	$274,900	Airbnb cash on cash: 0.21% Traditional cash on cash: 3.71% Airbnb Rental Income: $942 Traditional Rental Income: $1502 Airbnb ROI: 0.21% Traditional ROI: 3.71%
9143 Cheatham Ln W Germantown , TN Completed in May 2024 by Griffin Elkington Builder, this stunning Germantown home offers 5...	5 beds \| 4 baths \| 5,354 sq.ft.	$1,275,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 3.27% Airbnb Rental Income: $1923 Traditional Rental Income: $6245 Airbnb ROI: -0.81% Traditional ROI: 3.27%
1793 Hayden Rd Germantown , TN Expansive 4BR/3BA home situated on a large lot in desirable Germantown Heights. Completely...	4 beds \| 3 baths \| 2,983 sq.ft.	$499,000	Airbnb cash on cash: 1.15% Traditional cash on cash: 3.65% Airbnb Rental Income: $1933 Traditional Rental Income: $2659 Airbnb ROI: 1.15% Traditional ROI: 3.65%
3077 Poplar Grove Ln Germantown , TN NEW PRICE. Welcome to this beautifully updated 4 bedroom home (plus a 19x14 bonus room) ne...	4 beds \| 2 baths \| 3,533 sq.ft.	$599,500	Airbnb cash on cash: 0.73% Traditional cash on cash: 4.02% Airbnb Rental Income: $1933 Traditional Rental Income: $3259 Airbnb ROI: 0.73% Traditional ROI: 4.02%
1815 Boulinwood Ln Germantown , TN Welcome to 1815 Boulinwood Ln-perfectly positioned in the heart of Germantown just minutes...	4 beds \| 2 baths \| 2,498 sq.ft.	$415,000	Airbnb cash on cash: 1.75% Traditional cash on cash: 5.98% Airbnb Rental Income: $1933 Traditional Rental Income: $3087 Airbnb ROI: 1.75% Traditional ROI: 5.98%

Your search for investment property begins and ends here

Townhouses for Sale in Germantown, TN

1937 INNSBRUCK Dr #46

Germantown, TN

3 beds | 3 baths | 1,505 sq.ft.

$239,000

Airbnb cash on cash: 0.52%

Traditional cash on cash: 6.82%

Airbnb Rental Income: $880

Traditional Rental Income: $1968

Airbnb ROI: 0.52%

Traditional ROI: 6.82%

1654 SHADOW MOSS Ln #22

Germantown, TN

3 beds | 3 baths | 2,008 sq.ft.

$359,900

Airbnb cash on cash: -0.26%

Traditional cash on cash: 4.62%

Airbnb Rental Income: $880

Traditional Rental Income: $2194

Airbnb ROI: -0.26%

Traditional ROI: 4.62%

1674 E RAVENHILL Dr #49

Germantown, TN

3 beds | 3 baths | 2,026 sq.ft.

$340,000

Airbnb cash on cash: -0.22%

Traditional cash on cash: 5.31%

Airbnb Rental Income: $880

Traditional Rental Income: $2313

Airbnb ROI: -0.22%

Traditional ROI: 5.31%

1906 Allenby Rd #16

Germantown, TN

3 beds | 2 baths | 1,583 sq.ft.

$264,900

Airbnb cash on cash: 0.15%

Traditional cash on cash: 4.84%

Airbnb Rental Income: $880

Traditional Rental Income: $1739

Airbnb ROI: 0.15%

Traditional ROI: 4.84%

Other Investment Properties for Sale in Germantown

Germantown , TN

2 beds | 2 baths | 1,304 sq.ft.

$155,000

Airbnb cash on cash: 1.65%

Traditional cash on cash: 7.85%

Airbnb Rental Income: $942

Traditional Rental Income: $1529

Airbnb ROI: 1.65%

Traditional ROI: 7.85%

Germantown , TN

4 beds | 3 baths | 4,537 sq.ft.

$875,000

Airbnb cash on cash: -0.01%

Traditional cash on cash: 1.69%

Airbnb Rental Income: $1933

Traditional Rental Income: $2810

Airbnb ROI: -0.01%

Traditional ROI: 1.69%

Germantown , TN

4 beds | 3 baths | 3,213 sq.ft.

$450,000

Airbnb cash on cash: 1.39%

Traditional cash on cash: 4.9%

Airbnb Rental Income: $1933

Traditional Rental Income: $2943

Airbnb ROI: 1.39%

Traditional ROI: 4.9%

Germantown , TN

4 beds | 2 baths | 2,828 sq.ft.

$399,000

Airbnb cash on cash: 1.7%

Traditional cash on cash: 4.92%

Airbnb Rental Income: $1933

Traditional Rental Income: $2702

Airbnb ROI: 1.7%

Traditional ROI: 4.92%

Germantown , TN

4 beds | 5 baths | 5,512 sq.ft.