Fairlawn, TN homes for sale & real estate

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ABOUT THIS HOME
Fairlawn, TN Homes for Sale
Remodeled Memphis micro-mansion paying rent. Proof good things come in small, profitable packages. Special financing for first time investors available with 20% down, ask broker for details.

$114,901

3 beds1 bath918 sq ft

2877 Brewer Ave, Memphis, TN 38114

9,583 sq ft lot • Parking • Built 1953

Listing provided by REALTRACS as Distributed by MLS Grid

COMING SOON

ABOUT THIS HOME
Fairlawn, TN Homes for Sale
New Construction – now underway! 3 bed, 2 bath, 1,000 heated sq ft. Estimated completion October 15, 2025. Showings allowed during construction. Buyers who go under contract early may have the opportunity to select finishes like paint, flooring, and lighting. Contact listing agent for floor plans, renderings, and weekly progress updates.

$175,000

3 beds2 baths— sq ft

2922 Semmes St, Memphis, TN 38114

8,276 sq ft lot • Built 1953 • Listed 63 days

ABOUT THIS HOME
Fairlawn, TN Homes for Sale
Turnkey Investment Property! Recently Renovated & Cash-Flowing! This 2-bedroom, 1-bath home was fully renovated in 2023 and is tenant-occupied, generating steady rental income. Updates include new flooring, fresh paint, kitchen and bathroom upgrades, and more, making it a low-maintenance, cash-flowing addition to your portfolio. Ideal for investors seeking immediate income with minimal upfront work. Don’t miss this opportunity to own a performing asset! Please send all offers to ambriaarnold@kw.com.

$115,000

2 beds1 bath— sq ft

1928 Brandon Cir, Memphis, TN 38114

Kitchen upgrades • Fresh paint • Bathroom upgrades

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Nearby homes that match your criteria

$119,900

3 beds2 baths— sq ft

1309 Semmes St, Memphis, TN 38111

0.25 acre lot • Built 1951 • Listed 22 days

ABOUT THIS HOME
Fairlawn, TN Homes for Sale
Move-In Ready! Cute and well-kept 2BD/1BA starter home—perfect for downsizing, investing, or first-time buyers. Nicely maintained yard, older home with charm, and ready for you today. Roof is about 7 years old, AC unit about 2 years old. Hot Water Heater Works but is old so will need to be replaced soon. Only $65,000 – Don’t miss this deal!

$65,000

2 beds1 bath— sq ft

2901 N Harris Cir, Memphis, TN 38114

Garage • Built 1948 • Listed 92 days

ABOUT THIS HOME
Fairlawn, TN Homes for Sale
RARE TRIPLE LOT with HUGE VALUE-ADD potential and PRICED TO SELL. This 6BR/2BA property offers approx. 2,100 SF and already has a MAJOR CAPITAL IMPROVEMENT completed, ALL-NEW ROOF in June 2025 (including roof, fascia, soffits, decking/plywood, and framing). Interior needs full renovation, but the LARGE FOOTPRINT and FLEXIBLE LAYOUT (multiple exterior entrances plus stair access to a SPACIOUS UNFINISHED ATTIC) open the door to CREATIVE STRATEGIES for MAXIMIZING RETURNS- finish the attic, add more bedrooms, or reconfigure into a MULTI-UNIT setup (subject to permits/approvals). Owner financing available, ask listing agent for details! Perfect candidate for BUY-AND-HOLD, FIX & FLIP, BR

$84,400

6 beds2 baths— sq ft

2811 Ketchum Rd, Memphis, TN 38114

Exterior upgrades • Roof system replaced • 0.25 acre lot

ABOUT THIS HOME
Fairlawn, TN Homes for Sale
Newly Renovated Property! Great opportunity for an investor or homebuyer! The property is currently unoccupied and readily available for viewing. This property is currently being professionally managed by Reedy and Company. Whether you're an owner-occupant or investor, this opportunity is open to you. No wholesale or creative financing offers.

$134,900

3 beds1 bath— sq ft

1401 Alamo St, Memphis, TN 38114

6,969 sq ft lot • Built 1951 • Listed 129 days

ABOUT THIS HOME
Fairlawn, TN Homes for Sale
Investment property available. This property could be a great addition to your portfolio. Tenant occupied, brick home on a corner lot with covered parking and a good looking roof. This property features new window units, a new bathroom, a den that could be used as a fourth bedroom and good curb appeal. It is currently rented for $950/mo to a well paying tenant. Do not disturb or approach the tenant. No showings without an accepted offer. Cash and conventional offers welcome.

$92,000

3 beds1 bath— sq ft

2314 Pendleton St, Memphis, TN 38114

New window units • Covered parking • New bathroom

ABOUT THIS HOME
Fairlawn, TN Homes for Sale
Step into this beautifully renovated home in the historic Bethel Grove neighborhood, updated in 2022 with a new roof, HVAC, flooring, and siding—move-in ready! Enjoy two spacious bedrooms and a full bath, all nestled on a generous lot that offers plenty of outdoor space with a shed in the back.

$108,000

2 beds1 bath— sq ft

2758 Smith Haven Dr, Memphis, TN 38114

Renovated home • New siding • New hvac

Property at 1428 Smythe Ave #58, Memphis, TN 38114, 2 beds, 1 bath

$85,000

2 beds1 bath— sq ft

1428 Smythe Ave #58, Memphis, TN 38114

Property at 2764 Burns Ave, Memphis, TN 38114, 2 beds, 1 bath

$85,000

2 beds1 bath— sq ft

2764 Burns Ave, Memphis, TN 38114

Property at 2768 Burns Ave, Memphis, TN 38114, 2 beds, 1 bath

$65,000

2 beds1 bath— sq ft

2768 Burns Ave, Memphis, TN 38114

Property at 1417 Semmes St #26, Memphis, TN 38114, 2 beds, 1 bath

$75,000

2 beds1 bath— sq ft

1417 Semmes St #26, Memphis, TN 38114

Property at 2810 Ketchum Rd, Memphis, TN 38114

$60,000

— beds— baths— sq ft

2810 Ketchum Rd, Memphis, TN 38114

Property at 2390 Scaper Dr, Memphis, TN 38114

$15,999

— beds— baths— sq ft

2390 Scaper Dr, Memphis, TN 38114

Average home prices near Fairlawn, TN

Cities

Neighborhoods

Parkway Village homes for sale
$145,000
East Buntyn homes for sale
$314,000
Messick Buntyn homes for sale
$119,950
Cooper Young homes for sale
$315,000
Hamilton homes for sale
$109,950
Glenview homes for sale
$200,000
Midtown homes for sale
$275,000
Cherokee homes for sale
$119,200
University of Memphis homes for sale
$133,900
Orange Mound homes for sale
$122,445

Fairlawn, TN real estate trends

$49.9K

Sale price

$61

Sale $/sq ft

Over list price

Days on market

Down payment

—

Total homes sold

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Popular Markets in Tennessee

Based on information submitted to the MLS GRID as of Sat Nov 29 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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