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.

Investment Property for Sale in Memphis, TN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
505 EASTBOURNE Memphis, TN Beautifully renovated 4 bed, 2 bath home in the heart of East Memphis! This move-in ready ...	4 beds \| 2 baths \| N/A	$379,900	Airbnb cash on cash: 1.65% Traditional cash on cash: 3.68% Airbnb Rental Income: $1962 Traditional Rental Income: $2167 Airbnb ROI: 1.65% Traditional ROI: 3.68%
3889 BIRCHMEADOW Memphis, TN INVESTERS ONLY!!! Hot investment opportunity. Tenant occupied 3bed 2bath home rented at $...	3 beds \| 2 baths \| N/A	$170,000	Airbnb cash on cash: 2.85% Traditional cash on cash: 8.52% Airbnb Rental Income: $1303 Traditional Rental Income: $1816 Airbnb ROI: 2.85% Traditional ROI: 8.52%
2099 BLACK OAK Memphis, TN ABSOLUTELY STUNNING UPDATED HOME IN THE SOUGHT AFTER GREENTREES SUBDIVISION. THIS HOME FEA...	4 beds \| 4 baths \| N/A	$574,900	Airbnb cash on cash: 1.98% Traditional cash on cash: 4.48% Airbnb Rental Income: $2872 Traditional Rental Income: $3547 Airbnb ROI: 1.98% Traditional ROI: 4.48%
540 ELLSWORTH Memphis, TN Great new attractive price! Step into this delightful East Buntyn bungalow brimming with w...	2 beds \| 2 baths \| N/A	$319,900	Airbnb cash on cash: -0.66% Traditional cash on cash: 4% Airbnb Rental Income: $907 Traditional Rental Income: $1971 Airbnb ROI: -0.66% Traditional ROI: 4%
471 S REESE Memphis, TN This storybook East Buntyn bungalow is full of charm and natural light. With 3 bedrooms an...	3 beds \| 3 baths \| N/A	$349,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 3.65% Airbnb Rental Income: $1189 Traditional Rental Income: $2065 Airbnb ROI: -0.2% Traditional ROI: 3.65%
440 N FRONT #202 Memphis, TN This 2 bedroom, 1.5 bathroom apartment is conveniently located directly across from Bass P...	2 beds \| 2 baths \| N/A	$189,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 5.45% Airbnb Rental Income: $833 Traditional Rental Income: $1505 Airbnb ROI: -0.11% Traditional ROI: 5.45%
1002 S WILLETT Memphis, TN Don't miss this beautiful home situated in the city's medical district this is a Gem!	3 beds \| 2 baths \| N/A	$215,000	Airbnb cash on cash: 1.51% Traditional cash on cash: 6.54% Airbnb Rental Income: $1041 Traditional Rental Income: $1703 Airbnb ROI: 1.51% Traditional ROI: 6.54%
8423 WOOD MANOR Memphis, TN Well-built and well-maintained Garner-Built Magnolia Home. 3BR/2.5 Baths with Primary BR d...	3 beds \| 3 baths \| N/A	$379,000	Airbnb cash on cash: -1.17% Traditional cash on cash: 3.91% Airbnb Rental Income: $863 Traditional Rental Income: $2340 Airbnb ROI: -1.17% Traditional ROI: 3.91%
8645 MEADOW GREEN Memphis, TN Great price for this home located in one of Cordovaâs most loved neighborhoods! This 4BR...	4 beds \| 3 baths \| N/A	$325,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 6.26% Airbnb Rental Income: $1253 Traditional Rental Income: $2758 Airbnb ROI: 0.03% Traditional ROI: 6.26%
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	$1,050,000	Airbnb cash on cash: -0.94% Traditional cash on cash: 2.48% Airbnb Rental Income: $1962 Traditional Rental Income: $4789 Airbnb ROI: -0.94% Traditional ROI: 2.48%
1943 MILBREY Memphis, TN Updated home with modern finishes throughout, including new lighting, flooring, paint- in ...	4 beds \| 4 baths \| N/A	$359,900	Airbnb cash on cash: -0.13% Traditional cash on cash: 7.5% Airbnb Rental Income: $1253 Traditional Rental Income: $3434 Airbnb ROI: -0.13% Traditional ROI: 7.5%
3070 GUERNSEY Memphis, TN Renovated rental property with an active lease in place. Currently leased at $1,275 with a...	3 beds \| 1 baths \| N/A	$176,890	Airbnb cash on cash: 0.38% Traditional cash on cash: 6.35% Airbnb Rental Income: $708 Traditional Rental Income: $1406 Airbnb ROI: 0.38% Traditional ROI: 6.35%
3446 FOX MEADOWS Memphis, TN Beautiful Brick Home in Great Fox Meadows Location! Newly Renovated 3 Bedroom 2 Bathroom,...	3 beds \| 2 baths \| N/A	$229,900	Airbnb cash on cash: 1.77% Traditional cash on cash: 6.58% Airbnb Rental Income: $1303 Traditional Rental Income: $1945 Airbnb ROI: 1.77% Traditional ROI: 6.58%
4015 N GALLOWAY Memphis, TN BACK ON MARKET! This classic 1940 East Memphis cottage in Red Acres has been transformed o...	4 beds \| 4 baths \| N/A	$879,000	Airbnb cash on cash: -0.74% Traditional cash on cash: 2.15% Airbnb Rental Income: $1962 Traditional Rental Income: $3807 Airbnb ROI: -0.74% Traditional ROI: 2.15%
2293 JACKSON Memphis, TN If you're looking for a 3 bedroom, 2 bathroom home in midtown with a HUGE backyard--at a g...	3 beds \| 2 baths \| N/A	$224,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 6.33% Airbnb Rental Income: $1041 Traditional Rental Income: $1953 Airbnb ROI: 0.32% Traditional ROI: 6.33%
1372 ISLAND TOWN Memphis, TN 1372 Island Town Dr, Memphis, TN \| Harbor Town on Mud Island 4-bedroom, 2.5-bath home with...	4 beds \| 3 baths \| N/A	$420,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 3.7% Airbnb Rental Income: $2207 Traditional Rental Income: $2556 Airbnb ROI: 1.39% Traditional ROI: 3.7%
2680 CENTRAL TERRACE #10 Memphis, TN Beautifully updated 2-bedroom, 2.5-bath condo offering comfort, privacy, and convenience. ...	2 beds \| 3 baths \| N/A	$145,000	Airbnb cash on cash: -1.38% Traditional cash on cash: 10.62% Airbnb Rental Income: $504 Traditional Rental Income: $1897 Airbnb ROI: -1.38% Traditional ROI: 10.62%
1215 MT MORIAH Memphis, TN Price Improvement! Charming 3 bedroom, 1 bathroom home on a corner lot in Colonial Acres. ...	3 beds \| 1 baths \| N/A	$189,000	Airbnb cash on cash: 1.62% Traditional cash on cash: 5.62% Airbnb Rental Income: $1189 Traditional Rental Income: $1520 Airbnb ROI: 1.62% Traditional ROI: 5.62%
4710 CROSSOVER Memphis, TN Charming East Memphis, Mid Century, brick ranch in desirable Colonial Acres! This 3BR/2BA ...	3 beds \| 3 baths \| N/A	$400,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 3.99% Airbnb Rental Income: $1189 Traditional Rental Income: $2446 Airbnb ROI: -0.4% Traditional ROI: 3.99%
207 N GOODLETT Memphis, TN Discover this beautifully maintained mid-century modern ranch offering three bedrooms, two...	3 beds \| 3 baths \| N/A	$415,000	Airbnb cash on cash: -0.55% Traditional cash on cash: 3.83% Airbnb Rental Income: $1189 Traditional Rental Income: $2506 Airbnb ROI: -0.55% Traditional ROI: 3.83%
63 N MERTON Memphis, TN Centrally located Midtown home. 3BR/2BA home. Enter into a large center hallway. Arch...	3 beds \| 2 baths \| N/A	$279,900	Airbnb cash on cash: -0.06% Traditional cash on cash: 3.92% Airbnb Rental Income: $1041 Traditional Rental Income: $1729 Airbnb ROI: -0.06% Traditional ROI: 3.92%
532 S BELVEDERE Memphis, TN Colonial Revival on one of Memphis' most sought after streets. All the charm and character...	3 beds \| 3 baths \| N/A	$559,000	Airbnb cash on cash: -1.72% Traditional cash on cash: 1.8% Airbnb Rental Income: $1041 Traditional Rental Income: $2515 Airbnb ROI: -1.72% Traditional ROI: 1.8%
777 S PRESCOTT Memphis, TN Calling all investors, tenant occupied property currently rented at $1345 a month with lea...	3 beds \| 2 baths \| N/A	$150,000	Airbnb cash on cash: 3.27% Traditional cash on cash: 11.01% Airbnb Rental Income: $1189 Traditional Rental Income: $1913 Airbnb ROI: 3.27% Traditional ROI: 11.01%
1383 S WHITE STATION Memphis, TN Charming painted brick in Colonial Acres ~ move in ready and full of character. The amount...	3 beds \| 3 baths \| N/A	$297,000	Airbnb cash on cash: 0.2% Traditional cash on cash: 4.25% Airbnb Rental Income: $1189 Traditional Rental Income: $1934 Airbnb ROI: 0.2% Traditional ROI: 4.25%
1080 BLYTHE Memphis, TN Step into sleek, modern living just steps from historic Cooper-Young. This nearly-new home...	3 beds \| 3 baths \| N/A	$380,000	Airbnb cash on cash: -0.98% Traditional cash on cash: 3.85% Airbnb Rental Income: $1041 Traditional Rental Income: $2399 Airbnb ROI: -0.98% Traditional ROI: 3.85%
4808 QUINCE Memphis, TN Gorgeous updated home in sought after Colonial Acres. Beautiful hardwood floors! Modern, l...	4 beds \| 2 baths \| N/A	$225,888	Airbnb cash on cash: 4.24% Traditional cash on cash: 4.46% Airbnb Rental Income: $1962 Traditional Rental Income: $1493 Airbnb ROI: 4.24% Traditional ROI: 4.46%
19 S MERTON Memphis, TN This adorable home offers a charming 3-bedroom main house filled with cozy, inviting space...	4 beds \| 2 baths \| N/A	$250,000	Airbnb cash on cash: 0.54% Traditional cash on cash: 7.51% Airbnb Rental Income: $1128 Traditional Rental Income: $2399 Airbnb ROI: 0.54% Traditional ROI: 7.51%
648 RIVERSIDE #207 Memphis, TN [648 Riverside] #207 \| 2 Bedroom + 2 Full Bath \| Loft Living + High Ceilings \| Huge Closet...	2 beds \| 2 baths \| N/A	$249,990	Airbnb cash on cash: -0.57% Traditional cash on cash: 4.84% Airbnb Rental Income: $833 Traditional Rental Income: $1784 Airbnb ROI: -0.57% Traditional ROI: 4.84%
1864 WALKER Memphis, TN Adorable, renovated bungalow in historic Cooper Young Neighborhood. This home offers curb ...	3 beds \| 2 baths \| N/A	$305,000	Airbnb cash on cash: -0.64% Traditional cash on cash: 3.84% Airbnb Rental Income: $1041 Traditional Rental Income: $1965 Airbnb ROI: -0.64% Traditional ROI: 3.84%
248 N YATES Memphis, TN Great Opportunity at $249,900 â Move-In Potential! This 3-bedroom, 2-bath home is situa...	3 beds \| 2 baths \| N/A	$249,900	Airbnb cash on cash: -1.78% Traditional cash on cash: 5.1% Airbnb Rental Income: $573 Traditional Rental Income: $1912 Airbnb ROI: -1.78% Traditional ROI: 5.1%
5457 QUINCE Memphis, TN Come take a look at this gorgeous, centrally located home!!! With wood floors throughout, ...	3 beds \| 2 baths \| N/A	$260,000	Airbnb cash on cash: -1.55% Traditional cash on cash: 4.93% Airbnb Rental Income: $573 Traditional Rental Income: $1879 Airbnb ROI: -1.55% Traditional ROI: 4.93%
210 N AVALON Memphis, TN Gorgeous Midtown bungalow for sale, original hardwood floors throughout. This home has an ...	5 beds \| 4 baths \| N/A	$425,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 7.57% Airbnb Rental Income: $1327 Traditional Rental Income: $4071 Airbnb ROI: -0.35% Traditional ROI: 7.57%
5036 PARKSIDE Memphis, TN The cutest home in Colonial Acres is ready to impress! This charming 3 bedroom, 1 bath hom...	3 beds \| 1 baths \| N/A	$227,900	Airbnb cash on cash: 1.01% Traditional cash on cash: 4.12% Airbnb Rental Income: $1189 Traditional Rental Income: $1473 Airbnb ROI: 1.01% Traditional ROI: 4.12%
3442 KNIGHT Memphis, TN Newly Renovated Property! Great opportunity for an investor or homebuyer! The property is ...	3 beds \| 2 baths \| N/A	$179,900	Airbnb cash on cash: 1.8% Traditional cash on cash: 7.96% Airbnb Rental Income: $1133 Traditional Rental Income: $1809 Airbnb ROI: 1.8% Traditional ROI: 7.96%
942 HARBOR BEND Memphis, TN Beautifully renovated home in the sought-after Harbor Town community! Enjoy a sophisticate...	3 beds \| 3 baths \| N/A	$449,900	Airbnb cash on cash: -0.04% Traditional cash on cash: 3.15% Airbnb Rental Income: $1462 Traditional Rental Income: $2374 Airbnb ROI: -0.04% Traditional ROI: 3.15%
2483 EAGLERIDGE Memphis, TN GATED COMMUNITY- 3 Bedroom & 2 Full Baths, All on one Level, 9' smooth ceilings w/crown mo...	3 beds \| 2 baths \| N/A	$315,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 3.88% Airbnb Rental Income: $863 Traditional Rental Income: $1919 Airbnb ROI: -0.81% Traditional ROI: 3.88%
506 MCDERMITT Memphis, TN This home features beautiful hardwood floors throughout and an updated kitchen with granit...	3 beds \| 2 baths \| N/A	$199,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 6.9% Airbnb Rental Income: $708 Traditional Rental Income: $1841 Airbnb ROI: -0.72% Traditional ROI: 6.9%
4525 SEQUOIA Memphis, TN This perfectly remodeled home has been completely transformed with a gourmet kitchen that ...	4 beds \| 3 baths \| N/A	$550,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 3.25% Airbnb Rental Income: $1962 Traditional Rental Income: $2870 Airbnb ROI: 0.48% Traditional ROI: 3.25%
5082 PARKSIDE Memphis, TN Cute as can be! Updated 3-bedroom 1 bath home in Colonial Acres! New granite counter tops...	3 beds \| 1 baths \| N/A	$219,900	Airbnb cash on cash: 0.98% Traditional cash on cash: 4.21% Airbnb Rental Income: $1189 Traditional Rental Income: $1474 Airbnb ROI: 0.98% Traditional ROI: 4.21%
8750 PLAYERS Memphis, TN In the GATED & GUARDED neighborhood of Southwind, home of the Fedex St.Jude World Cup Cham...	4 beds \| 9 baths \| N/A	$1,990,000	Airbnb cash on cash: -1.81% Traditional cash on cash: 1.23% Airbnb Rental Income: $1567 Traditional Rental Income: $6737 Airbnb ROI: -1.81% Traditional ROI: 1.23%

Real Estate investment in Memphis, TN

There are 1,267 properties for sale in the city of Memphis . The median list price in Memphis is $195,505 and the average price per square foot is $120. In April 2026, the average monthly cash on cash return in Memphis is 6.00%. The average monthly rental income in Memphis is $1,711.

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

There are 1,267 investment properties available for sale in Memphis.

In 2026, the best neighborhood to buy investment property is Shelby Forest-Frayser.

The ROI for Long-Term is higher than the Short-Term in Memphis with average rental income of $1,711.

Your search for investment property begins and ends here

Investment Property for Sale in Memphis, TN

505 EASTBOURNE

Memphis, TN

4 beds | 2 baths | N/A

$379,900

Airbnb cash on cash: 1.65%

Traditional cash on cash: 3.68%

Airbnb Rental Income: $1962

Traditional Rental Income: $2167

Airbnb ROI: 1.65%

Traditional ROI: 3.68%

3889 BIRCHMEADOW

Memphis, TN

3 beds | 2 baths | N/A

$170,000

Airbnb cash on cash: 2.85%

Traditional cash on cash: 8.52%

Airbnb Rental Income: $1303

Traditional Rental Income: $1816

Airbnb ROI: 2.85%

Traditional ROI: 8.52%

2099 BLACK OAK

Memphis, TN

4 beds | 4 baths | N/A

$574,900

Airbnb cash on cash: 1.98%

Traditional cash on cash: 4.48%

Airbnb Rental Income: $2872

Traditional Rental Income: $3547

Airbnb ROI: 1.98%

Traditional ROI: 4.48%

540 ELLSWORTH

Memphis, TN

2 beds | 2 baths | N/A

$319,900

Airbnb cash on cash: -0.66%

Traditional cash on cash: 4%

Airbnb Rental Income: $907

Traditional Rental Income: $1971

Airbnb ROI: -0.66%

Traditional ROI: 4%

471 S REESE

Memphis, TN

3 beds | 3 baths | N/A

$349,000

Airbnb cash on cash: -0.2%

Traditional cash on cash: 3.65%

Airbnb Rental Income: $1189

Traditional Rental Income: $2065

Airbnb ROI: -0.2%

Traditional ROI: 3.65%

440 N FRONT #202

Memphis, TN

2 beds | 2 baths | N/A

$189,000

Airbnb cash on cash: -0.11%

Traditional cash on cash: 5.45%

Airbnb Rental Income: $833

Traditional Rental Income: $1505

Airbnb ROI: -0.11%

Traditional ROI: 5.45%

1002 S WILLETT

Memphis, TN

3 beds | 2 baths | N/A

$215,000

Airbnb cash on cash: 1.51%

Traditional cash on cash: 6.54%

Airbnb Rental Income: $1041

Traditional Rental Income: $1703

Airbnb ROI: 1.51%

Traditional ROI: 6.54%

8423 WOOD MANOR

Memphis, TN

3 beds | 3 baths | N/A

$379,000

Airbnb cash on cash: -1.17%

Traditional cash on cash: 3.91%

Airbnb Rental Income: $863

Traditional Rental Income: $2340

Airbnb ROI: -1.17%