38115, TN homes for sale & real estate

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3725 Wax Myrtle Dr, Memphis, TN 38115
3725 Wax Myrtle Dr, Memphis, TN 38115
3725 Wax Myrtle Dr, Memphis, TN 38115
ABOUT THIS HOME
38115, TN Homes for Sale
Investor Opportunity – 3725 Wax Myrtle Dr. , Memphis, TN This 2-bedroom, 1.1-bath condo is a fantastic addition to any investment portfolio, offering instant cash flow with a tenant already in place. Leased through 10/31/2025 at $975/month, this property provides steady income from day one. The well-maintained interior features a spacious living and dining area, a functional kitchen with ample cabinet space, and two generously sized bedrooms. A full bathroom upstairs and a convenient half-bath downstairs cater to tenant comfort. Outside, the private patio offers a relaxing outdoor space. Located in a desirable Memphis neighborhood near shopping, dining, and major highways, this proper

$115,000

2 beds1.5 baths— sq ft

3725 Wax Myrtle Dr, Memphis, TN 38115

2,613 sq ft lot • Car-dependent

3743 Cambridge Station Dr #3743, Memphis, TN 38115
3743 Cambridge Station Dr #3743, Memphis, TN 38115
3743 Cambridge Station Dr #3743, Memphis, TN 38115
ABOUT THIS HOME
38115, TN Homes for Sale
This home has been newly renovated and features 2 bedrooms, 1.5 bathroom, and offers approximately 990 square feet of living space. Tenant Occupied. Do not approach tenant.

$79,999

2 beds1.5 baths— sq ft

3743 Cambridge Station Dr #3743, Memphis, TN 38115

Somewhat walkable

5995 Lofty Oak Dr #5995, Memphis, TN 38115
5995 Lofty Oak Dr #5995, Memphis, TN 38115
5995 Lofty Oak Dr #5995, Memphis, TN 38115
ABOUT THIS HOME
38115, TN Homes for Sale
GREAT INVESTMENT OPPORTUNITY! INVESTORS ONLY, DO NOT DISTURB TENANT. SFH Rented for $1,425/month, professionally managed. Lease expires 7/31/2025. Tenant moved in 7/31/2024. Completely renovated in May 2024 including brand new AC condenser, brand new furnace & A-coil. Spacious kitchen with brand new counter tops, large master bedroom, refurbished bathrooms with tile surround shower, attached garage, attached storage room and much more! HOA = $200/month. Showings only with accepted offer.

$148,000

3 beds2.5 baths— sq ft

5995 Lofty Oak Dr #5995, Memphis, TN 38115

9,583 sq ft lot • Somewhat walkable

3451 Ridgeway Rd, Memphis, TN 38115
3451 Ridgeway Rd, Memphis, TN 38115
3451 Ridgeway Rd, Memphis, TN 38115
ABOUT THIS HOME
38115, TN Homes for Sale
This CMU-1 Commercially zoned lot is 1.4 +/- Acres in a great location with nearby Apartment communities, single family homes, businesses and churches. Great Road frontage and visabillity! Seller willing to entertain Owner-Financing option

$175,000

— beds— baths— sq ft

3451 Ridgeway Rd, Memphis, TN 38115

1.4 acre lot • Car-dependent

6040 Winchester Rd, Memphis, TN 38115
6040 Winchester Rd, Memphis, TN 38115
6040 Winchester Rd, Memphis, TN 38115
ABOUT THIS HOME
38115, TN Homes for Sale
Zoned Commercial this lot is in a prime location on one of the busiest streets in Memphis, Winchester Rd. Thousands of car pass by here daily. Zoning allows for office space, single tenant or mixed use. Great for Retail, Car Wash+More Property priced below tax appraisal for quick sale!

$60,000

— beds— baths— sq ft

6040 Winchester Rd, Memphis, TN 38115

0.88 acre lot • Somewhat walkable

Property at 4425 S Mendenhall Rd, Memphis, TN 38141

$250,000

— beds— baths— sq ft

4425 S Mendenhall Rd, Memphis, TN 38141

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Average home prices near 38115, TN

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38115, TN real estate trends

All Home Types trends in 38115, TN

Median Sale Price
# of Homes Sold
Median Days on Market

All Home Types

Median Sale Price (All Home Types)

$158,500

+2.3% 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

38115, TN

$158,500

+2.3%

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