Riverside, TN homes for sale & real estate

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115 E Dempster Ave, Memphis, TN 38109
ABOUT THIS HOME
Riverside, TN Homes for Sale
4-bedroom, 1-bath investment property priced at just $49,500. With an estimated $27,000 in repairs, this home is ideal for investors seeking a solid value-add project with strong cash flow potential. Key Highlights: Located in Memphis’ 38109 ZIP — a high-demand rental area minutes from Downtown, Surrounded by active investor activity and long-term community growth, Section 8 rental comps in the area average $1,400/month, with consistent demand for 4-bedroom units. This property offers a chance to build equity and generate reliable rental income in a growing submarket. Perfect for a buy-and-hold investor or someone looking to build a small rental portfolio. Being sold as-is.

$49,500

4 beds1 bath— sq ft

115 E Dempster Ave, Memphis, TN 38109

7,405 sq ft lot • Car-dependent

1866 Kansas St, Memphis, TN 38109
1866 Kansas St, Memphis, TN 38109
1866 Kansas St, Memphis, TN 38109
ABOUT THIS HOME
Riverside, 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

2059 Rile St, Memphis, TN 38109
2059 Rile St, Memphis, TN 38109
2059 Rile St, Memphis, TN 38109
ABOUT THIS HOME
Riverside, 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

245 Kirk Ave, Memphis, TN 38109
ABOUT THIS HOME
Riverside, TN Homes for Sale
House needs complete renovation. House has been gutted to the floor joists. (Proceed with Caution) . House has no utilities etc.

$25,000

2 beds1 bath— sq ft

245 Kirk Ave, Memphis, TN 38109

2,613 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
Riverside, 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

Property at 1572 Hanauer St, Memphis, TN 38109, 12 beds

$700,000

12 beds— baths— sq ft

1572 Hanauer St, Memphis, TN 38109

Property at 228 Kirk Ave, Memphis, TN 38109, 6 beds

$116,500

6 beds— baths— sq ft

228 Kirk Ave, Memphis, TN 38109

Property at 253 Silverage Ave, Memphis, TN 38109, 3 beds, 2 baths

$75,000

3 beds2 baths— sq ft

253 Silverage Ave, Memphis, TN 38109

Property at 237 Modder Ave, Memphis, TN 38109, 2 beds, 1 bath

$50,000

2 beds1 bath— sq ft

237 Modder Ave, Memphis, TN 38109

Property at 1783 Bismark St, Memphis, TN 38109, 1 bed, 1 bath

$188,000

1 bed1 bath— sq ft

1783 Bismark St, Memphis, TN 38109

Property at 2076 Farrington St, Memphis, TN 38109, 2 beds, 1 bath

$18,000

2 beds1 bath— sq ft

2076 Farrington St, Memphis, TN 38109

Property at 160 Silverage St, Memphis, TN 38109, 3 beds, 1.5 baths

$108,900

3 beds1.5 baths— sq ft

160 Silverage St, Memphis, TN 38109

Property at 123 Majuba Dr, Memphis, TN 38109, 4 beds

$269,900

4 beds— baths— sq ft

123 Majuba Dr, Memphis, TN 38109

Property at 260 W Davant Ave, Memphis, TN 38109, 4 beds, 1.5 baths

$149,000

4 beds1.5 baths— sq ft

260 W Davant Ave, Memphis, TN 38109

Property at 334 W Fay St, Memphis, TN 38109, 3 beds, 3 baths

$149,900

3 beds3 baths— sq ft

334 W Fay St, Memphis, TN 38109

Property at 331 W Dison Ave, Memphis, TN 38109, 1 bed, 1 bath

$48,000

1 bed1 bath— sq ft

331 W Dison Ave, Memphis, TN 38109

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 W Frank St, Memphis, TN 38109, 2 beds, 1 bath

$17,000

2 beds1 bath— sq ft

123 W Frank St, 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 177 Modder Ave, Memphis, TN 38109, 3 beds, 1 bath

$44,900

3 beds1 bath— sq ft

177 Modder Ave, Memphis, TN 38109

Property at 284 Ingle Ave, Memphis, TN 38109, 4 beds, 2 baths

$130,000

4 beds2 baths— sq ft

284 Ingle Ave, Memphis, TN 38109

Property at 145 Field Ave, Memphis, TN 38109

$4,990

— beds— baths— sq ft

145 Field Ave, Memphis, TN 38109

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 1631 Monsarrat St, Memphis, TN 38109

$16,000

— beds— baths— sq ft

1631 Monsarrat St, Memphis, TN 38109

Property at 335 W Outer Parkway Dr, Memphis, TN 38109

$5,000

— beds— baths— sq ft

335 W Outer Parkway Dr, Memphis, TN 38109

Property at 1497 Kansas St, Memphis, TN 38109

$7,000

— beds— baths— sq ft

1497 Kansas St, Memphis, TN 38109

Property at 0 Sherwood Ave, Memphis, TN 38106

$20,000

— beds— baths— sq ft

0 Sherwood Ave, Memphis, TN 38106

Property at 0 Riverside Dr, Memphis, TN 38109

$10,900

— beds— baths— sq ft

0 Riverside Dr, Memphis, TN 38109

Property at 342 Fields Ave, Memphis, TN 38109

$10,900

— beds— baths— sq ft

342 Fields Ave, Memphis, TN 38109

Property at 338 Fields Ave, Memphis, TN 38109

$10,900

— beds— baths— sq ft

338 Fields Ave, Memphis, TN 38109

Property at 328 Fields Ave, Memphis, TN 38109

$10,900

— beds— baths— sq ft

328 Fields 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 58 W Burdock Ave, Memphis, TN 38109

$5,000

— beds— baths— sq ft

58 W Burdock Ave, 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 1872 Rile St, Memphis, TN 38109

$9,000

— beds— baths— sq ft

1872 Rile St, 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 284 Modder St, Memphis, TN 38109

$6,000

— beds— baths— sq ft

284 Modder 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

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Average home prices near Riverside, TN

Cities

Neighborhoods

Downtown Memphis homes for sale
$309,900
South Bluffs homes for sale
$484,500
South City homes for sale
$492,500
Destiny Unlimited homes for sale
$89,900
Midtown homes for sale
$316,500
South Memphis homes for sale
$91,500
Whitehaven homes for sale
$172,500
Riverview homes for sale
$74,500
Linden homes for sale

Riverside, TN real estate trends

All Home Types trends in Riverside, TN

Median Sale Price
# of Homes Sold
Median Days on Market

All Home Types

Median Sale Price (All Home Types)

$45,330

+5.4% YoY | May 2025

1 year
3 year
5 year

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

Location

Data

May 2025

Growth

% YoY

Riverside, TN

$45,330

+5.4%

See more Riverside, TN market insights

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How to buy a house in Riverside, TN

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Popular Markets in Tennessee

Based on information submitted to the MLS GRID as of Sat Jun 14 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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