Mallory Heights, TN homes for sale & real estate

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2059 Rile St, Memphis, TN 38109
2059 Rile St, Memphis, TN 38109
2059 Rile St, Memphis, TN 38109
ABOUT THIS HOME
Mallory Heights, TN Homes for Sale
Owner/Agent: Check out this 2-bedroom home with a large fenced-in yard! This turn-key property is tenant-occupied, paying $997 monthly (Section 8). Lease expires 4/30/2026. New water heater, flooring, and central air/heat with updated duct-work and insulation. No showings without an accepted offer. Do not disturb tenants. No wholesaling or assignments. This could be a great buy-and-hold investment and meets the 1% market rent rule.

$99,000

2 beds1 bath— sq ft

2059 Rile St, Memphis, TN 38109

4,791 sq ft lot • Car-dependent

33 E Fernwood Ave, Memphis, TN 38109
33 E Fernwood Ave, Memphis, TN 38109
33 E Fernwood Ave, Memphis, TN 38109
ABOUT THIS HOME
Mallory Heights, TN Homes for Sale
Investment opportunity. Professionally managed and tenant occupied DUPLEX. Each unit is 2 bedrooms and 1 bathroom and brick exterior (4 bedrooms 2 full bathrooms total). Addresses are 33 & 35 E. Fernwood. The market rent is probably $900 or more per unit ($1800 or more) and the current rent is $1045. Property is fully rented out and professionally managed (leases, ledgers, repair history in place). 100% occupied property. Rents are $550/mo and $495/mo with leases ending 12/31/25 and 8/31/25. One unit was recently rehabbed within the last 12 months. Property has hardwood floors and very convenient location.

$125,000

4 beds2 baths— sq ft

33 E Fernwood Ave, Memphis, TN 38109

Car-dependent

2136 Rile St, Memphis, TN 38109
2136 Rile St, Memphis, TN 38109
2136 Rile St, Memphis, TN 38109
ABOUT THIS HOME
Mallory Heights, TN Homes for Sale
Calling all investors to look at this beautiful home with tons of potential, listed I just $35,000. You can add your next rental property to your portfolio. VIEW BEFORE SUBMITTING OFFER

$35,000

3 beds2 baths— sq ft

2136 Rile St, Memphis, TN 38109

4,791 sq ft lot • Car-dependent

2076 Farrington St, Memphis, TN 38109
2076 Farrington St, Memphis, TN 38109
2076 Farrington St, Memphis, TN 38109
ABOUT THIS HOME
Mallory Heights, TN Homes for Sale
Investment property available. Distressed home near many industrial facilities / employers. Property has curb cut. Cash offers preferred. Please do due diligence before submitting an offer. No creative or owner financed offers. No wholesale or assignment

$18,000

2 beds1 bath— sq ft

2076 Farrington St, Memphis, TN 38109

4,791 sq ft lot • Car-dependent

260 W Davant Ave, Memphis, TN 38109
260 W Davant Ave, Memphis, TN 38109
260 W Davant Ave, Memphis, TN 38109
ABOUT THIS HOME
Mallory Heights, TN Homes for Sale
Investors Only. Tenant occupied property for sale! Don't disturb tenants! Rehabbed Home. Rent is $1500/mo. Could be a great addition to your rental portfolio if you are an investor. Seller selling multiple properties in addition to this property and some of the homes have Section 8 tenants (Government Subsidized) with guaranteed rents in place (please ask and verify prior to making offer)! Nothing to do but collect rent! Seller has multiple properties for sale! Bulk sale offers preferred (may sell individually). Addresses are: 260 W. Davant, 1772 Preston, 3135 Woodrow, 909-911 Lewis, 2108 Griggs, 1675-1677 Oakwood. Cash or conventional offers only. No wholesalers, no assignments, no subje

$149,000

4 beds1.5 baths— sq ft

260 W Davant Ave, Memphis, TN 38109

6,534 sq ft lot • Car-dependent

Property at 6 W Norwood Ave, Memphis, TN 38109, 3 beds, 2 baths

$139,900

3 beds2 baths— sq ft

6 W Norwood Ave, Memphis, TN 38109

Property at 123 E Fernwood Ave, Memphis, TN 38109, 3 beds, 1.5 baths

$135,000

3 beds1.5 baths— sq ft

123 E Fernwood Ave, Memphis, TN 38109

Property at 324 Outer Pkwy, Memphis, TN 38109, 3 beds, 1 bath

$44,900

3 beds1 bath— sq ft

324 Outer Pkwy, Memphis, TN 38109

Property at 45 E Davant Ave, Memphis, TN 38109, 3 beds, 1 bath

$68,000

3 beds1 bath— sq ft

45 E Davant Ave, Memphis, TN 38109

Property at 163 W Mckellar Ave, Memphis, TN 38109, 2 beds, 1 bath

$64,000

2 beds1 bath— sq ft

163 W Mckellar Ave, Memphis, TN 38109

Property at 20 W Davant St W, Memphis, TN 38109

$7,000

— beds— baths— sq ft

20 W Davant St W, Memphis, TN 38109

Property at 248 W Davant Ave W, Memphis, TN 38109

$3,500

— beds— baths— sq ft

248 W Davant Ave W, Memphis, TN 38109

Property at 2073 Florida St, Memphis, TN 38109

$10,000

— beds— baths— sq ft

2073 Florida St, Memphis, TN 38109

Property at 274 W Mckellar Ave, Memphis, TN 38109

$7,800

— beds— baths— sq ft

274 W Mckellar Ave, Memphis, TN 38109

Property at 260 W Mckellar Ave, Memphis, TN 38109

$7,800

— beds— baths— sq ft

260 W Mckellar Ave, Memphis, TN 38109

Property at 32 W Davant Ave, Memphis, TN 38109

$10,000

— beds— baths— sq ft

32 W Davant Ave, Memphis, TN 38109

Property at 175 E Davant Ave, Memphis, TN 38109

$10,000

— beds— baths— sq ft

175 E Davant Ave, Memphis, TN 38109

Property at 0 E Fernwood Ave, Memphis, TN 38109

$12,000

— beds— baths— sq ft

0 E Fernwood Ave, Memphis, TN 38109

Property at 0 Fernwood Ave, Memphis, TN 38109

$22,000

— beds— baths— sq ft

0 Fernwood Ave, Memphis, TN 38109

Property at 247 W Frank Ave, Memphis, TN 38109

$7,500

— beds— baths— sq ft

247 W Frank Ave, Memphis, TN 38109

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Nearby homes that match your criteria

Within 1 mile

1866 Kansas St, Memphis, TN 38109
1866 Kansas St, Memphis, TN 38109
1866 Kansas St, Memphis, TN 38109
ABOUT THIS HOME
Mallory Heights, TN Homes for Sale
Ready to show and go. Needs a little TLC. Great opportunity!!

$45,000

2 beds1.5 baths— sq ft

1866 Kansas St, Memphis, TN 38109

5,662 sq ft lot • Car-dependent

237 Modder Ave, Memphis, TN 38109
237 Modder Ave, Memphis, TN 38109
237 Modder Ave, Memphis, TN 38109
ABOUT THIS HOME
Mallory Heights, TN Homes for Sale
* * Excellent Investment Opportunity – 2BR/1BA Home * * Investors, take note! This * * 2-bedroom, 1-bathroom * * property is a fantastic opportunity to expand your portfolio. Whether you're looking for a * * fix-and-flip * * or a * * buy-and-hold rental * * , this home has great potential. * * Key Features: * * - 2 Spacious Bedrooms - 1 Full Bathroom - Great Floor Plan with Investment Potential - Convenient Location Close to Schools, Shopping, and Public Transit - Strong Rental Market in the Area With some TLC, this property can generate strong rental income or be transformed into a charming starter home. Don’t miss out on this chance to invest i

$50,000

2 beds1 bath— sq ft

237 Modder Ave, Memphis, TN 38109

4,791 sq ft lot • Car-dependent

123 Majuba Dr, Memphis, TN 38109
123 Majuba Dr, Memphis, TN 38109
123 Majuba Dr, Memphis, TN 38109
ABOUT THIS HOME
Mallory Heights, TN Homes for Sale
Four 1-Bedroom, 1-Bathroom Units are an excellent investment opportunity! Each unit is move-in ready with central heating and air conditioning. Separate gas and water connections for each unit; Individual washer and dryer connections; Dedicated parking pads for all units; New roof, electrical, and plumbing; Newly installed windows for energy efficiency; Low maintenance! ALL of the units are occupied, rent is $700/month. This property promises a reliable cash flow and a well-maintained, low-effort investment!

$269,900

4 beds— baths— sq ft

123 Majuba Dr, Memphis, TN 38109

Car-dependent

177 Modder Ave, Memphis, TN 38109
177 Modder Ave, Memphis, TN 38109
177 Modder Ave, Memphis, TN 38109
ABOUT THIS HOME
Mallory Heights, TN Homes for Sale
Calling all investors! HUGE PRICE DROP. .. .Great Opportunity. This home is for sale! Needs repairs but could be worth a lot of money once fixed up. Some repairs have been completed and the electrical is currently on! Can fix it up and sell for a lot of money or keep it and live in it. Many homes in this area are being rehabbed & sold for more money! ONLINE VIDEO AVAILABLE UPON REQUEST. No wholesalers or assignments and no creative financing. Seller is also selling 324 Outer Parkway (can buy them individually or in bulk). Cash offers only, please do inspections up front.

$44,900

3 beds1 bath— sq ft

177 Modder Ave, Memphis, TN 38109

4,791 sq ft lot • Car-dependent

2240 S Main St S, Memphis, TN 38109
2240 S Main St S, Memphis, TN 38109
ABOUT THIS HOME
Mallory Heights, TN Homes for Sale
Here is a nice lot to build your forever home, or make a great investment property in New South Memphis. Houses are being rehabbed in some of the areas. So buy and hold would be great as well.

$5,000

— beds— baths— sq ft

2240 S Main St S, Memphis, TN 38109

3,049 sq ft lot • Car-dependent

1872 Rile St, Memphis, TN 38109
ABOUT THIS HOME
Mallory Heights, TN Homes for Sale
Lot For Sale! Close to Riverside Blvd and Riverview Schools. So much Potential! Check it out today! Buyers do your own Due Diligence.

$9,000

— beds— baths— sq ft

1872 Rile St, Memphis, TN 38109

3,920 sq ft lot • Car-dependent

Average home prices near Mallory Heights, TN

Cities

Neighborhoods

Downtown Memphis homes for sale
$309,900
Sixty Point One Ward homes for sale
$124,000
West Junction homes for sale
$150,000
Victor-Kerr homes for sale
$68,500
Longview Heights Civic Club homes for sale
$129,000
Riverside homes for sale
$85,000
Destiny Unlimited homes for sale
$89,900
South Memphis homes for sale
$93,000
Whitehaven homes for sale
$172,500
Riverview homes for sale
$79,950

Mallory Heights, TN real estate trends

All Home Types trends in Mallory Heights, TN

Median Sale Price
# of Homes Sold
Median Days on Market

All Home Types

Median Sale Price (All Home Types)

$34,500

+72.5% YoY | Apr 2025

1 year
3 year
5 year

Based on Redfin calculations of home data from MLS and/or public records.

Location

Data

Apr 2025

Growth

% YoY

Mallory Heights, TN

$34,500

+72.5%

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