38112, TN homes for sale & real estate

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ABOUT THIS HOME
38112, TN Homes for Sale
Welcome to this prime investment opportunity located on an expansive one-third acre+ corner lot. The property currently features a two-bedroom, one-bath bungalow that offers the option to either fully renovate and restore or to redevelop the site entirely. Zoning variance and initial plan approvals are already in place for the construction of a four-plex multifamily residential building. The approved concept includes four units, each approximately 1,000 square feet, with three bedrooms and two baths per unit. The next phase of development will include a property survey and full architectural plans, after which pricing will be adjusted to reflect progress and value added to the project. Secu

$80,000

2 beds1 bath— sq ft

2601 Jackson Ave, Memphis, TN 38108

City approvals made • Zoning variance • Expansive corner lot

ABOUT THIS HOME
38112, TN Homes for Sale
Renovated rental property with an active lease in place. Currently leased at $750 month to month. No creative finance offers. This home is part of a 103 home package.

$113,050

2 beds1 bath— sq ft

1009 Hudson St, Memphis, TN 38112

7,840 sq ft lot • Parking • Built 1947

ABOUT THIS HOME
38112, TN Homes for Sale
Contract contingency View inside then deposit if continue. No wholesale, No Creative Financing, No seller financing, carry back or creative financing. Need Preapproval or Proof of fund before offers. For Investors ONLY. ALREADY LEASED FOR $1200 manage by owner over 2 years. Low taxes and insurance. Updated some of the Virtual Staging for you to see the potential of the property. Sellers Done all repairs Turnkeys for another Investors. Check with your loan originator about no income and no tax return verify program available. This will go for Debt Service Coverage Ratio

$134,500

2 beds1.5 baths— sq ft

635 N Merton Ave, Memphis, TN 38112

5,662 sq ft lot • Built 1930 • Listed 361 days

ABOUT THIS HOME
38112, TN Homes for Sale
Renovated rental property with an active lease in place. Currently leased at $1,150 with a lease expiration of 07/31/2026. No creative finance offers. This home is part of a 103 home package.

$179,550

3 beds2 baths— sq ft

2534 Selman Ave, Memphis, TN 38112

7,405 sq ft lot • Parking • Built 1948

ABOUT THIS HOME
38112, TN Homes for Sale
Renovated rental property with an active lease in place. Currently leased at $795 month to month. No creative finance offers. This home is part of a 103 home package.

$149,000

3 beds1 bath— sq ft

702 Atlantic St, Memphis, TN 38112

7,405 sq ft lot • Parking • Built 1922

Property at 3079 Henry Ave, Memphis, TN 38112, 3 beds, 2 baths

$176,890

3 beds2 baths— sq ft

3079 Henry Ave, Memphis, TN 38112

Property at 683 Hudson St, Memphis, TN 38112, 3 beds, 1 bath

$159,000

3 beds1 bath— sq ft

683 Hudson St, Memphis, TN 38112

Property at 1057 N Holmes St, Memphis, TN 38122, 1 bed, 2 baths

$142,310

1 bed2 baths— sq ft

1057 N Holmes St, Memphis, TN 38122

Property at 3126 Crump Ave, Memphis, TN 38112, 2 beds, 1 bath

$152,950

2 beds1 bath— sq ft

3126 Crump Ave, Memphis, TN 38112

Property at 3070 Guernsey Ave, Memphis, TN 38112, 3 beds, 1 bath

$176,890

3 beds1 bath— sq ft

3070 Guernsey Ave, Memphis, TN 38112

Property at 816 Charles Pl, Memphis, TN 38112, 6 beds, 2.5 baths

$399,000

6 beds2.5 baths2,314 sq ft

816 Charles Pl, Memphis, TN 38112

Listing provided by REALTRACS

Property at 193 N Hollywood St, Memphis, TN 38112, 3 beds, 1 bath

$223,500

3 beds1 bath1,337 sq ft

193 N Hollywood St, Memphis, TN 38112

Listing provided by REALTRACS

Property at 33 S Bingham St, Memphis, TN 38112, 3 beds, 1 bath

$80,000

3 beds1 bath1,624 sq ft

33 S Bingham St, Memphis, TN 38112

Listing provided by REALTRACS

Property at 33 N Merton St, Memphis, TN 38112, 3 beds, 2.5 baths

$209,900

3 beds2.5 baths1,730 sq ft

33 N Merton St, Memphis, TN 38112

Listing provided by REALTRACS

Property at 2425 Forrest Ave, Memphis, TN 38112

$29,000

Land6,534 sq ft (lot)

2425 Forrest Ave, Memphis, TN 38112

Property at 0 Red Oak Ave, Memphis, TN 38112

$7,500

Land2,178 sq ft (lot)

0 Red Oak Ave, Memphis, TN 38112

Property at 0 Broad Ave, Memphis, TN 38112

$150,000

Land3,484 sq ft (lot)

0 Broad Ave, Memphis, TN 38112

Property at 0 Whitman Ave, Memphis, TN 38112

$9,900

Land6,098 sq ft (lot)

0 Whitman Ave, Memphis, TN 38112

Property at 2638 Ogden Ave, Memphis, TN 38112

$5,000

Land9,147 sq ft (lot)

2638 Ogden Ave, Memphis, TN 38112

Property at 652 Tillman St, Memphis, TN 38112

$25,000

Land3,920 sq ft (lot)

652 Tillman St, Memphis, TN 38112

Property at 321 Harrell St, Memphis, TN 38112

$28,000

Land5,227 sq ft (lot)

321 Harrell St, Memphis, TN 38112

Property at 317 Harrell St, Memphis, TN 38112

$28,000

Land5,227 sq ft (lot)

317 Harrell St, Memphis, TN 38112

Viewing page 3 of 3

Average home prices near 38112, TN

Cities

Zip Codes

38112, TN real estate trends

All Home Types trends in 38112, TN

Median Sale Price
# of Homes Sold
Median Days on Market

All Home Types

Median Sale Price (All Home Types)

$159,953

-18.0% YoY | Sep 2026

1 year
3 year
5 year

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

Location

Data

Sep 2026

Growth

% YoY

38112, TN

$159,953

-18.0%

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Listing information provided in part by Realtracs for personal, non-commercial use by viewers of this site and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed by Realtracs. All information should be independently reviewed and verified for accuracy. Copyright © Realtracs Tue Oct 27 2026. All rights reserved.

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