Real Estate Investments for Sale in Memphis, TN With High ROI

Are you looking for a vacation rental in Memphis, TN? Look no further! We have a wide variety of vacation available for sale, including beachfront condos, mountain single-family homes, townhouses, vacation homes and everything in between.

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.

Investment Property for Sale in Memphis, TN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3172 JOFFRE Memphis, TN Beautiful 3bed/2bath home in sought-after area near MOSH, UofM & Highland strip. Full reno...	3 beds \| 2 baths \| N/A	$300,000	Airbnb cash on cash: 5.76% Traditional cash on cash: 4.61% Airbnb Rental Income: $3049 Traditional Rental Income: $2028 Airbnb ROI: 5.76% Traditional ROI: 4.61%
4550 VERNE Memphis, TN 3 BEDS - 2 FULL BATHS - 2 CAR GARAGE!! Seller is Motivated! Newly Renovated and Move-In Re...	3 beds \| 2 baths \| N/A	$224,900	Airbnb cash on cash: 8.3% Traditional cash on cash: 6.53% Airbnb Rental Income: $3049 Traditional Rental Income: $1974 Airbnb ROI: 8.3% Traditional ROI: 6.53%
4520 FLAMINGO Memphis, TN Motivated Seller! This remarkable 4 bed/2 bath landscaped home in Colonial Acres has hit t...	4 beds \| 2 baths \| N/A	$315,000	Airbnb cash on cash: 8.04% Traditional cash on cash: 5.45% Airbnb Rental Income: $3940 Traditional Rental Income: $2326 Airbnb ROI: 8.04% Traditional ROI: 5.45%
1002 S WILLETT Memphis, TN Check out this 3 bedroom, 2 bath Midtown Gem! This completely renovated home is a definite...	3 beds \| 2 baths \| N/A	$259,900	Airbnb cash on cash: 6.52% Traditional cash on cash: 6.15% Airbnb Rental Income: $2634 Traditional Rental Income: $1915 Airbnb ROI: 6.52% Traditional ROI: 6.15%
3646 AUTUMN Memphis, TN Nestled on a quiet street in one of Memphisâ hottest neighborhoods, High Point Terrace, ...	3 beds \| 1 baths \| N/A	$299,900	Airbnb cash on cash: 3.14% Traditional cash on cash: 3.16% Airbnb Rental Income: $2134 Traditional Rental Income: $1594 Airbnb ROI: 3.14% Traditional ROI: 3.16%
528 S MCLEAN Memphis, TN A truly rare opportunity to own this Central Gardens gem! With timeless elegance and histo...	4 beds \| 3 baths \| N/A	$438,000	Airbnb cash on cash: 5.6% Traditional cash on cash: 4.28% Airbnb Rental Income: $4373 Traditional Rental Income: $2912 Airbnb ROI: 5.6% Traditional ROI: 4.28%
2954 SOUTHERN #2954 Memphis, TN	2 beds \| 3 baths \| N/A	$295,000	Airbnb cash on cash: 2.12% Traditional cash on cash: 5.53% Airbnb Rental Income: $1741 Traditional Rental Income: $2208 Airbnb ROI: 2.12% Traditional ROI: 5.53%
245 S MENDENHALL Memphis, TN Charming and eclectic 3-bedroom, 2-bath home on South Mendenhall Rd, between Poplar Ave an...	3 beds \| 2 baths \| N/A	$576,500	Airbnb cash on cash: 2.03% Traditional cash on cash: 1.39% Airbnb Rental Income: $3049 Traditional Rental Income: $2011 Airbnb ROI: 2.03% Traditional ROI: 1.39%
5272 BOSWELL Memphis, TN Welcome to 5272 Boswell Rd! This spacious 4BR/ 3BA home in East Memphis has so much to off...	4 beds \| 3 baths \| N/A	$294,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.22% Airbnb Rental Income: $null Traditional Rental Income: $2201 Airbnb ROI: N/A Traditional ROI: 5.22%
4015 N GALLOWAY Memphis, TN Built as a charming cottage in 1940 on what was then the outskirts of Memphis, this proper...	4 beds \| 4 baths \| N/A	$999,000	Airbnb cash on cash: 1.11% Traditional cash on cash: 2.05% Airbnb Rental Income: $3940 Traditional Rental Income: $3968 Airbnb ROI: 1.11% Traditional ROI: 2.05%
6461 SWEET BERRY Memphis, TN Open House Sunday, Oct. 6th 2024 from 2-4 pm! Come see this beautiful home in the Village ...	4 beds \| 3 baths \| N/A	$569,000	Airbnb cash on cash: 5.41% Traditional cash on cash: 3.11% Airbnb Rental Income: $5048 Traditional Rental Income: $2797 Airbnb ROI: 5.41% Traditional ROI: 3.11%
4254 BOXWOOD GREEN Memphis, TN Beautiful French-style home in gated Boxwood Green subdivision. Located in the heart of ea...	4 beds \| 5 baths \| N/A	$769,000	Airbnb cash on cash: 1.76% Traditional cash on cash: 3.88% Airbnb Rental Income: $3940 Traditional Rental Income: $4609 Airbnb ROI: 1.76% Traditional ROI: 3.88%
1334 BEAVER TRAIL Memphis, TN This 3 bed, 2 bath beauty features a fantastic split floor plan with a luxurious primary b...	3 beds \| 2 baths \| N/A	$265,000	Airbnb cash on cash: 7.95% Traditional cash on cash: 5.66% Airbnb Rental Income: $3363 Traditional Rental Income: $2040 Airbnb ROI: 7.95% Traditional ROI: 5.66%
4124 HEDGE HILLS Memphis, TN Charming three bedroom home in sought-after Pidgeon Estates neighborhood. Two bedrooms, t...	3 beds \| 3 baths \| N/A	$425,000	Airbnb cash on cash: 3.49% Traditional cash on cash: 3.99% Airbnb Rental Income: $3049 Traditional Rental Income: $2552 Airbnb ROI: 3.49% Traditional ROI: 3.99%
1300 MULLINS STATION Memphis, TN Located on 4 tree-covered acres, this lovely 2BR 1 BA cottage offers a peaceful retreat ju...	2 beds \| 1 baths \| N/A	$275,000	Airbnb cash on cash: 4.82% Traditional cash on cash: 3.41% Airbnb Rental Income: $2411 Traditional Rental Income: $1455 Airbnb ROI: 4.82% Traditional ROI: 3.41%
137 E G E PATTERSON #303 Memphis, TN Experience the vibrant South Main Arts District in this loft-style mid-rise condo. This 2-...	2 beds \| 2 baths \| N/A	$325,000	Airbnb cash on cash: 3.05% Traditional cash on cash: 3.47% Airbnb Rental Income: $2310 Traditional Rental Income: $1865 Airbnb ROI: 3.05% Traditional ROI: 3.47%
700 CLANLO Memphis, TN Impeccable home in the secluded group behind Historic Clanlo Mansion. The gracious spaces ...	3 beds \| 4 baths \| N/A	$629,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 2.64% Airbnb Rental Income: $2634 Traditional Rental Income: $2988 Airbnb ROI: 0.97% Traditional ROI: 2.64%
127 MADISON #202 Memphis, TN Experience downtown luxury at its finest! This expansive two-bedroom condo boasts stunning...	2 beds \| 2 baths \| N/A	$295,000	Airbnb cash on cash: 3.7% Traditional cash on cash: 5.08% Airbnb Rental Income: $2310 Traditional Rental Income: $2118 Airbnb ROI: 3.7% Traditional ROI: 5.08%
3588 AURORA Memphis, TN Discover your own little slice of heaven in this charming bungalow. With its peaceful and ...	3 beds \| 1 baths \| N/A	$334,400	Airbnb cash on cash: 4.84% Traditional cash on cash: 2.36% Airbnb Rental Income: $3049 Traditional Rental Income: $1571 Airbnb ROI: 4.84% Traditional ROI: 2.36%
4504 PRINCETON Memphis, TN * OPEN HOUSE * this Saturday, 10/4/2024, at 2PM - 4PM & Sunday, 10/5/2024 @ 1 - 3 PM. Stun...	5 beds \| 4 baths \| N/A	$650,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.42% Airbnb Rental Income: $null Traditional Rental Income: $3602 Airbnb ROI: N/A Traditional ROI: 3.42%
1004 GROUSE MEADOW Memphis, TN SELLER IS SELLING THIS HOME "AS IS". The following is a list of things the seller has done...	3 beds \| 2 baths \| N/A	$255,000	Airbnb cash on cash: 8.39% Traditional cash on cash: 5.48% Airbnb Rental Income: $3363 Traditional Rental Income: $1913 Airbnb ROI: 8.39% Traditional ROI: 5.48%
465 S MAIN #302 Memphis, TN Spacious 2 Bedroom 2 Bath plus 13x11 flex room that could be dining, office or another bed...	2 beds \| 2 baths \| N/A	$349,000	Airbnb cash on cash: 2.65% Traditional cash on cash: 4.01% Airbnb Rental Income: $2310 Traditional Rental Income: $2181 Airbnb ROI: 2.65% Traditional ROI: 4.01%
301 MEADVALE Memphis, TN NEW HOT WATER HEATER & HVAC! 3 bed 2 bath with an office/4th bedroom all on one floor in a...	3 beds \| 2 baths \| N/A	$317,500	Airbnb cash on cash: 5.41% Traditional cash on cash: 3.93% Airbnb Rental Income: $3049 Traditional Rental Income: $1908 Airbnb ROI: 5.41% Traditional ROI: 3.93%
333 WINTER OAK Memphis, TN WOW! Words escape us to describe this unique modernistic 1-stry, very special home in a tu...	3 beds \| 7 baths \| N/A	$1,875,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 0.59% Airbnb Rental Income: $3667 Traditional Rental Income: $4829 Airbnb ROI: -0.53% Traditional ROI: 0.59%
1290 CHERRY Memphis, TN 100% FINANCING AVAILABLE!! Gorgeous mid-century gem on a beautifully-landscaped corner lot...	3 beds \| 2 baths \| N/A	$310,000	Airbnb cash on cash: 5.59% Traditional cash on cash: 4.16% Airbnb Rental Income: $3049 Traditional Rental Income: $1937 Airbnb ROI: 5.59% Traditional ROI: 4.16%
426 N FRONT #302 Memphis, TN Welcome to Harbor Lights Condominiums in Downtown Memphis! This stunning 3-bedroom, 2.5-ba...	3 beds \| 3 baths \| N/A	$275,000	Airbnb cash on cash: 6.43% Traditional cash on cash: 6.4% Airbnb Rental Income: $3068 Traditional Rental Income: $2360 Airbnb ROI: 6.43% Traditional ROI: 6.4%
67 E LAFAYETTE Memphis, TN Renovated adorable little cottage. Open Kitchen for great flow and entertaining with break...	2 beds \| 1 baths \| N/A	$224,500	Airbnb cash on cash: 3.39% Traditional cash on cash: 3.71% Airbnb Rental Income: $1741 Traditional Rental Income: $1330 Airbnb ROI: 3.39% Traditional ROI: 3.71%
1400 RANDALL Memphis, TN This Whitehaven gem is 1.1 miles from Graceland. The location is ideal for an Airbnb or ow...	3 beds \| 2 baths \| N/A	$249,900	Airbnb cash on cash: 2.77% Traditional cash on cash: 6.13% Airbnb Rental Income: $1620 Traditional Rental Income: $1953 Airbnb ROI: 2.77% Traditional ROI: 6.13%
101 TOULOUSE Memphis, TN Great Downtown Neighborhood.. Large spacious rooms, high ceilings Dining Room with smooth ...	3 beds \| 3 baths \| N/A	$449,900	Airbnb cash on cash: 2.95% Traditional cash on cash: 3.98% Airbnb Rental Income: $3068 Traditional Rental Income: $2805 Airbnb ROI: 2.95% Traditional ROI: 3.98%
4526 BOGART Memphis, TN Fantastic investment opportunity, 4 bedrooms, 2 baths, cash flowing. Rent is $1,310/month ...	4 beds \| 2 baths \| N/A	$180,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.56% Airbnb Rental Income: $null Traditional Rental Income: $2230 Airbnb ROI: N/A Traditional ROI: 10.56%
464 S GREER Memphis, TN Welcome to this well maintained gem-get anywhere in town in minutes! Seller replaced the r...	2 beds \| 2 baths \| N/A	$249,900	Airbnb cash on cash: 2.7% Traditional cash on cash: 5.76% Airbnb Rental Income: $1741 Traditional Rental Income: $1984 Airbnb ROI: 2.7% Traditional ROI: 5.76%
380 N ISLAND #303 Memphis, TN Experience the vibrant lifestyle of Mud Island in this condo at 380 N Island Drive, Memphi...	2 beds \| 3 baths \| N/A	$349,900	Airbnb cash on cash: 2.8% Traditional cash on cash: 4.45% Airbnb Rental Income: $2310 Traditional Rental Income: $2279 Airbnb ROI: 2.8% Traditional ROI: 4.45%
1175 MT MORIAH Memphis, TN This spacious 4bed/2 bath home is located just 3 miles from University of Memphis in the l...	4 beds \| 2 baths \| N/A	$274,000	Airbnb cash on cash: 9.43% Traditional cash on cash: 6.2% Airbnb Rental Income: $3940 Traditional Rental Income: $2262 Airbnb ROI: 9.43% Traditional ROI: 6.2%
4703 CROSSOVER Memphis, TN This beautiful Ranch style home is located on a quiet tree-lined street in the heart of Ea...	3 beds \| 2 baths \| N/A	$329,000	Airbnb cash on cash: 5.1% Traditional cash on cash: 4.43% Airbnb Rental Income: $3049 Traditional Rental Income: $2145 Airbnb ROI: 5.1% Traditional ROI: 4.43%
129 TALBOT #202 Memphis, TN Nestled in the heart of Downtown Memphis, this fantastic 2 bed, 1 bath condo offers spacio...	2 beds \| 1 baths \| N/A	$240,000	Airbnb cash on cash: 5.26% Traditional cash on cash: 3.5% Airbnb Rental Income: $2310 Traditional Rental Income: $1337 Airbnb ROI: 5.26% Traditional ROI: 3.5%
8221 SHALLOW GLEN Memphis, TN This beautiful corner lot home is full of uniqueness and charm! It features a step down de...	4 beds \| 3 baths \| N/A	$269,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.13% Airbnb Rental Income: $null Traditional Rental Income: $2452 Airbnb ROI: N/A Traditional ROI: 7.13%
5038 WALNUT GROVE Memphis, TN This house is stunning, nestled on half an acre, this home boasts a beautiful southern fro...	3 beds \| 2 baths \| N/A	$410,000	Airbnb cash on cash: 3.55% Traditional cash on cash: 2.69% Airbnb Rental Income: $3049 Traditional Rental Income: $2022 Airbnb ROI: 3.55% Traditional ROI: 2.69%
79 HARBOR VILLAGE Memphis, TN Charming Home in the perfect location. Just steps from the river. This home offers wide & ...	2 beds \| 3 baths \| N/A	$389,000	Airbnb cash on cash: 2.26% Traditional cash on cash: 3.27% Airbnb Rental Income: $2310 Traditional Rental Income: $2103 Airbnb ROI: 2.26% Traditional ROI: 3.27%
648 RIVERSIDE #319 Memphis, TN Priced to sell! Motivated seller for this stunning 2BR/2BA Downtown Memphis condo. This ...	2 beds \| 2 baths \| N/A	$320,000	Airbnb cash on cash: 3.34% Traditional cash on cash: 3.14% Airbnb Rental Income: $2310 Traditional Rental Income: $1675 Airbnb ROI: 3.34% Traditional ROI: 3.14%
139 S GREER Memphis, TN Great home w/ expanded living room, interior paint, lots of space/updates. Replaced 25 ft ...	3 beds \| 2 baths \| N/A	$257,999	Airbnb cash on cash: 6.58% Traditional cash on cash: 5.1% Airbnb Rental Income: $3049 Traditional Rental Income: $1992 Airbnb ROI: 6.58% Traditional ROI: 5.1%

Real Estate investment in Memphis, TN

There are 861 properties for sale in the city of Memphis . The median list price in Memphis is $239,900 and the average price per square foot is $174. In October 2024, the average monthly cash on cash return in Memphis is 6.00%. The average monthly rental income in Memphis is $1,957.

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

There are 861 investment properties available for sale in Memphis.

In 2024, the best neighborhood to buy investment property is Shelby Forest-Frayser.

The ROI for Short-Term is higher than the Long-Term in Memphis with average rental income of $2,994.

Your search for investment property begins and ends here

Investment Property for Sale in Memphis, TN

3172 JOFFRE

Memphis, TN

3 beds | 2 baths | N/A

$300,000

Airbnb cash on cash: 5.76%

Traditional cash on cash: 4.61%

Airbnb Rental Income: $3049

Traditional Rental Income: $2028

Airbnb ROI: 5.76%

Traditional ROI: 4.61%

4550 VERNE

Memphis, TN

3 beds | 2 baths | N/A

$224,900

Airbnb cash on cash: 8.3%

Traditional cash on cash: 6.53%

Airbnb Rental Income: $3049

Traditional Rental Income: $1974

Airbnb ROI: 8.3%

Traditional ROI: 6.53%

4520 FLAMINGO

Memphis, TN

4 beds | 2 baths | N/A

$315,000

Airbnb cash on cash: 8.04%

Traditional cash on cash: 5.45%

Airbnb Rental Income: $3940

Traditional Rental Income: $2326

Airbnb ROI: 8.04%

Traditional ROI: 5.45%

1002 S WILLETT

Memphis, TN

3 beds | 2 baths | N/A

$259,900

Airbnb cash on cash: 6.52%

Traditional cash on cash: 6.15%

Airbnb Rental Income: $2634

Traditional Rental Income: $1915

Airbnb ROI: 6.52%

Traditional ROI: 6.15%

3646 AUTUMN

Memphis, TN

3 beds | 1 baths | N/A

$299,900

Airbnb cash on cash: 3.14%

Traditional cash on cash: 3.16%

Airbnb Rental Income: $2134

Traditional Rental Income: $1594

Airbnb ROI: 3.14%

Traditional ROI: 3.16%

528 S MCLEAN

Memphis, TN

4 beds | 3 baths | N/A

$438,000

Airbnb cash on cash: 5.6%

Traditional cash on cash: 4.28%

Airbnb Rental Income: $4373

Traditional Rental Income: $2912

Airbnb ROI: 5.6%

Traditional ROI: 4.28%

2954 SOUTHERN #2954

Memphis, TN

2 beds | 3 baths | N/A

$295,000

Airbnb cash on cash: 2.12%

Traditional cash on cash: 5.53%

Airbnb Rental Income: $1741

Traditional Rental Income: $2208

Airbnb ROI: 2.12%

Traditional ROI: 5.53%

245 S MENDENHALL

Memphis, TN

3 beds | 2 baths | N/A

$576,500

Airbnb cash on cash: 2.03%

Traditional cash on cash: 1.39%

Airbnb Rental Income: $3049

Traditional Rental Income: $2011

Airbnb ROI: 2.03%