3 Bedroom homes for sale & real estate in 38122, TN

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ABOUT THIS HOME
3 Bedroom Homes for Sale in 38122, TN
This “as is” home is ready for you to make it your own. Recent improvements include a new roof, hot water heater, carpet, fresh paint, and a refinished carport. Featuring a 3-bedroom, 1-bath layout combines classic character with modern updates, offering a bright, open living area, a versatile den/great room used as a dining and family space and a spacious laundry/utility room.

$138,200

3 beds1 bath— sq ft

Renovated • Hidden pocket • Walking distance

599 Isabelle St, Memphis, TN 38122

ABOUT THIS HOME
3 Bedroom Homes for Sale in 38122, TN
Turnkey investment opportunity in the heart of Memphis. This renovated 3 bedroom 2 bathroom property at 3741 Faxon Ave is tenant occupied and currently leased at $1,445 per month through 01-01-2028, providing strong and stable cash flow from day one. The tenant has a $1,445 security deposit in place, adding an extra layer of protection for the new owner. This is a great option for investors looking to expand their portfolio with secured income already in place for the next several years. Located in a convenient area with easy access to major roads, shopping, and local amenities. Interior pictures are available upon request. Do not disturb tenant.

$180,000

3 beds2 baths— sq ft

Strong cash flow • Secured income • Easy access

3741 Faxon Ave, Memphis, TN 38122

ABOUT THIS HOME
3 Bedroom Homes for Sale in 38122, TN
This all brick 2- bedroom, 1 bonus room, 1 bath neighborhood home is being offered together with five other income producing single-family homes. The home is rented for $1,200.00 per month. This is a pristine opportunity for a new investor to enter into the Rental / Investment real estate space or a "bundle deal" for a seasoned investor - Steady Income and Great Returns! Home can use a light-level rehab for no deferred maintenance. Owner has professional contractors available to complete rehab for "hands-off" investment! Other homes are 967 Maria, 973 Maria, 2312 Wellons (Memphis TN), 2184 Ashland (Southaven, MS), 6467 Tulane (Horn Lake, MS) (three of the six homes are t

$184,800

3 beds1 bath— sq ft

7,840 sq ft lot • Built 1948 • Listed 168 days

1185 Wrenwood St, Memphis, TN 38122

ABOUT THIS HOME
3 Bedroom Homes for Sale in 38122, TN
Excellent opportunity to purchase a property in the 38122 zip code. The owner has updated the HVAC system, the roof, and the flooring. Property being sold as-is. Don’t not disturb tenants… currently rented for $1,000.00 monthly.

$124,999

3 beds1.5 baths— sq ft

Updated hvac system • Updated roof • Updated flooring

1108 N Holmes St N, Memphis, TN 38122

ABOUT THIS HOME
3 Bedroom Homes for Sale in 38122, TN
Renovated rental property with an active lease in place. Currently leased at $1,000 with a lease expiration of 07/31/2026. No creative finance offers. This home is part of a 103 home package.

$156,940

3 beds1 bath— sq ft

6,534 sq ft lot • Built 1954 • Listed 227 days

1241 Holliday St, Memphis, TN 38122

Property at 4037 Graham Oaks Court Ct E #30, Memphis, TN 38122, 3 beds, 2.5 baths

$89,999

3 beds2.5 baths— sq ft

4037 Graham Oaks Court Ct E #30, Memphis, TN 38122

Property at 943 Waring Rd, Memphis, TN 38122, 3 beds, 1 bath

$167,580

3 beds1 bath— sq ft

943 Waring Rd, Memphis, TN 38122

Property at 1327 W Victor Dr, Memphis, TN 38122, 3 beds, 1 bath

$145,000

3 beds1 bath— sq ft

1327 W Victor Dr, Memphis, TN 38122

Property at 4207 Brenmar Dr, Memphis, TN 38122, 3 beds, 1.5 baths

$195,510

3 beds1.5 baths— sq ft

4207 Brenmar Dr, Memphis, TN 38122

Property at 4287 Elaine Ave, Memphis, TN 38122, 3 beds, 1 bath

$176,890

3 beds1 bath— sq ft

4287 Elaine Ave, Memphis, TN 38122

Property at 1195 Wingfield St, Memphis, TN 38122, 3 beds, 2 baths

$180,880

3 beds2 baths— sq ft

1195 Wingfield St, Memphis, TN 38122

Property at 3348 Lamphier Ave, Memphis, TN 38122, 3 beds, 1 bath

$126,350

3 beds1 bath— sq ft

3348 Lamphier Ave, Memphis, TN 38122

Property at 1286 Gherald St, Memphis, TN 38122, 3 beds, 1 bath

$192,850

3 beds1 bath— sq ft

1286 Gherald St, Memphis, TN 38122

Property at 4368 Macon Rd, Memphis, TN 38122, 3 beds, 1 bath

$160,930

3 beds1 bath— sq ft

4368 Macon Rd, Memphis, TN 38122

Property at 3504 Buchanan Ave, Memphis, TN 38122, 3 beds, 1 bath

$150,290

3 beds1 bath— sq ft

3504 Buchanan Ave, Memphis, TN 38122

Property at 1163 Gordon St, Memphis, TN 38122, 3 beds, 2 baths

$184,870

3 beds2 baths— sq ft

1163 Gordon St, Memphis, TN 38122

Property at 848 N Highland St, Memphis, TN 38122, 3 beds, 1.5 baths

$166,250

3 beds1.5 baths— sq ft

848 N Highland St, Memphis, TN 38122

Property at 4079 Philwood Dr, Memphis, TN 38122, 3 beds, 1 bath

$240,000

3 beds1 bath— sq ft

4079 Philwood Dr, Memphis, TN 38122

Property at 3570 Faxon Ave, Memphis, TN 38122, 3 beds, 1 bath

$179,550

3 beds1 bath— sq ft

3570 Faxon Ave, Memphis, TN 38122

Property at 878 N Highland St, Memphis, TN 38122, 3 beds, 2 baths

$204,820

3 beds2 baths— sq ft

878 N Highland St, Memphis, TN 38122

Property at 801 Isabelle St, Memphis, TN 38122, 3 beds, 2 baths

$219,450

3 beds2 baths— sq ft

801 Isabelle St, Memphis, TN 38122

Property at 4746 Violet Ave, Memphis, TN 38122, 3 beds, 1 bath

$216,790

3 beds1 bath— sq ft

4746 Violet Ave, Memphis, TN 38122

Property at 1164 National St, Memphis, TN 38122, 3 beds, 2 baths

$152,000

3 beds2 baths— sq ft

1164 National St, Memphis, TN 38122

Property at 1006 Gordon St, Memphis, TN 38122, 3 beds, 1 bath

$174,230

3 beds1 bath— sq ft

1006 Gordon St, Memphis, TN 38122

Property at 3299 Bowen Ave, Memphis, TN 38122, 3 beds, 1 bath

$164,920

3 beds1 bath— sq ft

3299 Bowen Ave, Memphis, TN 38122

Property at 3967 Grahamdale Cir Unit 3967B, Memphis, TN 38122, 3 beds, 2 baths

$77,900

3 beds2 baths1,344 sq ft

3967 Grahamdale Cir Unit 3967B, Memphis, TN 38122

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 3989 Grahamdale Cir Unit 3989A, Memphis, TN 38122, 3 beds, 2 baths

$77,900

3 beds2 baths1,362 sq ft

3989 Grahamdale Cir Unit 3989A, Memphis, TN 38122

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 3601 Mayfair Ave, Memphis, TN 38122, 3 beds, 1 bath

$149,000

3 beds1 bath— sq ft

3601 Mayfair Ave, Memphis, TN 38122

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3 Bedroom Homes for Sale in 38122

There are currently 69 3 bedroom homes in 38122. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 38122 stay on the market for 106 days and receive 1 offers. This map is refreshed with the newest listings in 38122 every 15 minutes.

In the past month, 31 homes have been sold in 38122. In addition to houses in 38122, there were also 21 condos, 3 townhouses, and 9 multi-family units for sale in 38122 last month. 38122 is a minimally walkable zip code in Tennessee with a Walk Score of 45. 38122 is home to approximately 25,261 people and 5,951 jobs. Find your dream home in 38122 using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in 38122 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 38122. If you're looking to sell your home in the 38122 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 38122 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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Based on information submitted to the MLS GRID as of Thu Sep 03 2026. 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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