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$210,000
4 Beds ⋅ 2 Baths ⋅ 10229723 MLS
Fully renovated 4 bedroom, 2 bath home with a rare split floor plan — hard to find and highly requested for the privacy it gives. The kitchen and living area are oversized and open to each other, built for entertaining. Refinished hardwood floors and granite countertops run throughout, and both bathrooms have been completely renovated. New roof and HVAC system are BRAND NEW!!! Bonus, large deck in the back yard. Set on a quiet street within walking distance of the University of Memphis, this is a strong fit for owner-occupants or investors. A true turnkey property: nothing left to update, just move in.

1126 Will Scarlet Rd, Memphis

Listing courtesy of Highland Realty Services.

$105,000
4 Beds ⋅ 2 Baths ⋅ 10838846 MLS
Solid 3-bedroom, 2-bath single-family investment opportunity offering approximately 1,486 sq. ft. on a roughly 0.23-acre lot in Macon's Sherwood Forest subdivision. The home features single-level living, a carport, public water and sewer connection, and convenient access to Macon's major roads, shopping, employment and everyday amenities. A strong candidate for an investor seeking a rental, renovation, or value-add opportunity. Buyer should independently verify all property information and condition.

2401 Shea Drive, Macon

Listing courtesy of UC Premier Properties.

$349,500
5 Beds ⋅ 3.1 Baths ⋅ 10229635 MLS
Prime investment opportunity near the University of Memphis! Built in 2018, this spacious 5-bedroom, 3.5-bathroom home generates $4,500+ in average monthly gross income as a top-performing short-term rental. Property Highlights: Proven Cash Flow: Currently operating as a high-earning Airbnb with an experienced property manager willing to stay on for the new buyer—offering true passive income from day one! Modern Build: Built in 2018 with high ceilings, energy-efficient spray foam insulation, durable finishes, and low maintenance costs. Functional Layout: 5 bedrooms and 3.5 baths provide maximum capacity for short-term guests, groups, or student housing. Expansive Backyard: Massive private yard featuring a gated drive with parking space for multiple vehicles. Location: Minutes from the U of M campus, dining, shopping, and fast access to I-240. Option to negotiate furniture and keep current management in place for a seamless transition. Contact today for details or to schedule a p

1071 Getwell Rd, Memphis

Listing courtesy of Elm RE Investment.

$129,901
3 Beds ⋅ 1 Baths ⋅ 10228843 MLS
Investor special or the perfect place to call home! This move-in ready 3-bedroom home offers a spacious, fully fenced backyard and an excellent location close to shopping, dining, and schools. Conveniently located near Sherwood Elementary, Sherwood Middle, and Melrose High School, this property is ideal for homeowners and investors alike. With online sources estimating rental potential around $1,400 per month, this home presents a fantastic opportunity to add to your portfolio or purchase as your first home. Schedule your showing today!

3723 Wilshire Ave, Memphis

Listing courtesy of 901, REALTORS.

$129,000
2 Beds ⋅ 1 Baths ⋅ 10227454 MLS
Charming, easy-care living in the heart of Sherwood Forest! This move-in-ready 2-bedroom, 1-bathroom home features a functional 802 sq. ft. layout with 5 total rooms, offering a comfortable and cozy flow throughout. Enjoy low-maintenance single-story living complete with covered carport parking. Situated on a 50x120 lot in a prime Memphis location close to local amenities, the University of Memphis, Audubon Park, dining, and main thoroughfares. Whether you're looking for an affordable starter home or a turnkey addition to your investment portfolio, 1121 Will Scarlet is a must-see!

1121 Will Scarlet Rd, Memphis

Listing courtesy of Collier REALTORS.

$159,000
4 Beds ⋅ 2 Baths ⋅ 10225622 MLS
Welcome to a beautifully maintained home in the heart of East Memphis! Major updates completed in 2019 include a new roof, HVAC system, and water heater, giving you peace of mind for years to come. The home offers a warm, inviting layout. Located just minutes from the University of Memphis, Shelby Farms Park, and the Memphis Botanic Garden, this home is perfectly positioned near some of the city's top attractions, shopping, dining, and entertainment. Don’t miss your chance to own a well cared for property! Home is currently tenant occupied paying $1,650 a month, lease ends 1/01/2027.

3704 Friar Tuck Rd, Memphis

Listing courtesy of Fast Track Realty, LLC.

$105,000
2 Beds ⋅ 1 Baths ⋅ 10224652 MLS
Tenant occupied – do not disturb tenant. Charming brick home featuring 2 bedrooms, 1 bathroom, and a detached garage with bonus space above. Situated on a spacious lot in a convenient Memphis location, this property offers a strong investment opportunity with immediate rental income potential and long-term upside. Contact listing agent for additional information.

3764 Healey St, Memphis

Listing courtesy of CrestCore Realty MphsBrokerage.

$145,000
2 Beds ⋅ 1 Baths ⋅ 10224399 MLS
Check out this cozy 2 bedroom 1 bath bungalow in the heart of the University of Memphis area on a large lot. Over 1,100 sq. ft. of living space featuring hardwood floors, fresh paint inside/out, a renovated bathroom, new windows, new HVAC, new roof, and much more. All appliances to stay including washer and dryer.

1107 Mcevers Rd, Memphis

Listing courtesy of Keller Williams.

$185,000
4 Beds ⋅ 2 Baths ⋅ 10223595 MLS
Here's your chance to own a renovated 4br 2ba, including the 1br 1ba efficiency attached in Sherwood Forrest. Very close to U of M. The efficiency apartment is currently tenant occupied at $900/mo. The 3br 1ba main house is vacant and easy to show. Showing of the occupied unit will be only after accepted offer. Great house-hack opportunity!

3844 Wilshire Rd, Memphis

Listing courtesy of Renshaw Company, REALTORS.

$134,900
3 Beds ⋅ 1 Baths ⋅ 10223258 MLS
"OWNER AGENT, NEW REDUCED PRICE! Great opportunity at 3663 Park Ave. This 3BR/1BA residential-zoned property offers strong potential for small business use, subject to your Re-Zoning approval. Excellent option for an owner-user, investor, or homeowner looking for a visible property with future upside. Central HVAC, New roof was installed last Aug 2025, fresh paint. Fenced backyard with a great built in Deck. Close to U of M, Mediterranean grocery, shopping center and Highland Strip. "All the major repairs have been completed!"

3663 Park Ave, Memphis

Listing courtesy of Crye-Leike Commercial.

$229,000
4 Beds ⋅ 2 Baths ⋅ 10223218 MLS
Brand-New Construction Near the University of Memphis Welcome to this beautifully built 4-bedroom, 2-bathroom new construction home, ideally located just minutes from the University of Memphis. Featuring durable, low-maintenance solid surface flooring throughout, this home offers modern style and easy upkeep from the moment you walk in. The open, functional layout makes it a perfect fit for first-time homebuyers ready to put down roots, or for investors looking to capitalize on strong, steady rental demand in one of Memphis's most active student and professional corridors. Centrally located, you'll enjoy quick access to shopping, dining, and everyday conveniences, with the entire city within easy reach. New construction means peace of mind — no deferred maintenance, just a clean slate and years of worry-free ownership ahead. Whether you're buying your first home or adding to your portfolio, this one checks all the boxes. Schedule your showing today! Owner/Agent

3721 Huntingdon Ln, Memphis

Listing courtesy of Renshaw Company, REALTORS.

$190,000
3 Beds ⋅ 2 Baths ⋅ 10222937 MLS
Beautifully maintained brick home in the established Sherwood Forest neighborhood featuring 3 bedrooms and 2 full baths. This home offers timeless hardwood floors, abundant natural light, and spacious rooms throughout. The oversized primary suite includes a private bath and large walk-in closet. The kitchen features gas cooking, a large pantry, and opens to a flexible bonus room perfect for an office, breakfast area, playroom, sunroom or den. Enjoy a formal dining room, inviting living room, and a large fenced backyard with excellent privacy. Wonderful floor plan, great curb appeal, and an excellent opportunity for both homeowners and investors. Tenant occupied but tenants will vacate. Owner/Agent.

961 Little John Rd, Memphis

Listing courtesy of John Green & Co., REALTORS.

$175,000
2 Beds ⋅ 1 Baths ⋅ 10222899 MLS
Well maintained investment property in the Sherwood Forest neighborhood. Front house has 2bedrooms - 1bath, living and dining room adequate living space. Back house offers 2-stories 1bedroom, 1bath full size kitchen laundry area and a walk out deck Great rental or AirBNB. Front house is currently tenant occupied.

3522 Stuart Rd, Memphis

Listing courtesy of REMAX Experts.

$159,500
3 Beds ⋅ 1 Baths ⋅ 10222038 MLS
Charming 3 bedroom, 1 bath home with a functional layout and plenty of natural light throughout. Features include a spacious living area, updated kitchen, and a large backyard perfect for entertaining, pets, or relaxing evenings outdoors. Conveniently located near shopping, dining, and schools, this home is a great opportunity for first time buyers, investors, or anyone looking for comfortable living at an affordable price.

3788 Allandale Ln, Memphis

Listing courtesy of Renshaw Company, REALTORS.

$109,900
3 Beds ⋅ 1 Baths ⋅ 10215592 MLS
This 1,079 sq. ft. brick veneer ranch-style residence is located in the established Sherwood Forest community of East Memphis. Built in 1948, the home offers a classic three-bedroom, one-bathroom floorplan characterized by original architectural details and refinished hardwood flooring throughout the main living areas and bedrooms. The interior features a central living room that flows into a dedicated dining area and a functional kitchen with tile flooring. A standout feature of this property is the versatile sun porch, providing additional light-filled living space off the dining room. Situated on a level 0.20-acre lot with mature trees, the exterior includes a fenced backyard, and a private driveway for off-street parking. Located just 1.5 miles from the University of Memphis, this home offers close proximity to Audubon Park, local dining, and established transit corridors.

965 Goodman St, Memphis

Listing courtesy of Trelora Realty.

$178,900
3 Beds ⋅ 1 Baths ⋅ 10207234 MLS
Centrally located in East Memphis, this home is close to everything. Lots of potential with this home. Great open plan with more loads of space. Living room dinning room combination with 3 nice size bedrooms. Home has new paint and luxury wood laminate flooring. Roof has been replaced in the last few years. Permeant attic stairs to attic space and bonus or bedroom with closet upstairs and storage space. Nice size yard with large patio and single garage that makes wonderful storage space. All systems updated. CLOSING COSTS!!! CALL FOR DETAILS! Best deal on special financing with owners help with closing THIS HOME QUALIFIES FOR SPECIAL FINANCING! 2 POINT BUYDOW ON RATE AND $7500 CREDIT/Corner

991 Mcevers Rd, Memphis

Listing courtesy of Crye-Leike, Inc., REALTORS.

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