Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions

Filters

Price

Price Range

$
  • $0
  • $50,000
  • $100,000
  • $150,000
  • $200,000
  • $250,000
  • $300,000
  • $350,000
  • $400,000
  • $450,000
  • $500,000
  • $550,000
  • $600,000
  • $650,000
  • $700,000
  • $750,000
  • $800,000
  • $850,000
  • $900,000
  • $950,000
  • $1M
  • $1.25M
  • $1.5M
  • $1.75M
  • $2M
  • $2.25M
  • $2.5M
  • $2.75M
  • $3M
  • $4M
  • $5M+
$
  • $0
  • $50,000
  • $100,000
  • $150,000
  • $200,000
  • $250,000
  • $300,000
  • $350,000
  • $400,000
  • $450,000
  • $500,000
  • $550,000
  • $600,000
  • $650,000
  • $700,000
  • $750,000
  • $800,000
  • $850,000
  • $900,000
  • $950,000
  • $1M
  • $1.25M
  • $1.5M
  • $1.75M
  • $2M
  • $2.25M
  • $2.5M
  • $2.75M
  • $3M
  • $4M
  • $5M+
Beds/Baths

Bedrooms

Bathrooms

For Sale

Status

Property Type (6)

Property Type

More

Square Feet

Lot Size

Year Built

Projected Rent

Cash on Cash Return

Monthly Cash Flow

Cap Rate

Copied

38138 Investment Properties for Sale

Browse homes for sale and investment properties in 38138. Refine your search by price, property type, or more.

94 out of 100 properties for sale in 38138

Limited Results Shown

Create a free account, or log in to reveal all property listings and enjoy the complete experience.

Property photo
Active
MemphisTN

$549,900

5 bds | 3 ba | 0 sqft | built 1982
2949 Meadow Wood Cv, Germantown, TN 38138
$-869
Cash flow
-8.2%
Cash-on-Cash Return

3.8%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
MemphisTN

$474,900

4 bds | 2.1 ba | 0 sqft | built 1979
8091 Ridgetown Ln, Germantown, TN 38138
$-693
Cash flow
-7.6%
Cash-on-Cash Return

3.9%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
MemphisTN

$639,000

4 bds | 3 ba | 0 sqft | built 1999
3049 Oakleigh Manor Cv, Germantown, TN 38138
$-954
Cash flow
-7.8%
Cash-on-Cash Return

3.9%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
MemphisTN

$562,000

4 bds | 3.1 ba | 0 sqft | built 1999
3085 Oakleigh Manor Cv, Germantown, TN 38138
$-1,016
Cash flow
-9.4%
Cash-on-Cash Return

3.5%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
MemphisTN

$775,000

5 bds | 4.1 ba | 0 sqft | built 1992
8813 Three Chimneys Dr E, Germantown, TN 38138
$-2,206
Cash flow
-14.9%
Cash-on-Cash Return

2.3%
Cap rate
0.4%
Rent to Value Ratio
Property photo
Active
MemphisTN

$425,000

4 bds | 3.1 ba | 0 sqft | built 1982
7251 Jermyn Cv, Germantown, TN 38138
$-513
Cash flow
-6.3%
Cash-on-Cash Return

4.2%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
MemphisTN

$485,000

5 bds | 3 ba | 0 sqft | built 1978
1604 Riverdale Rd, Germantown, TN 38138
$-450
Cash flow
-4.8%
Cash-on-Cash Return

4.6%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MemphisTN

$350,000

2 bds | 2 ba | 0 sqft | built 1973
1714 Fiddlers Elbow Dr, Germantown, TN 38138
$-475
Cash flow
-7.1%
Cash-on-Cash Return

4.0%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
MemphisTN

$1,100,000

4 bds | 4.5 ba | 0 sqft | built 2012
2840 Rue Jordan Cv, Germantown, TN 38138
$-2,364
Cash flow
-11.2%
Cash-on-Cash Return

3.1%
Cap rate
0.5%
Rent to Value Ratio
Property photo
Active
MemphisTN

$1,050,000

4 bds | 4.5 ba | 0 sqft | built 2015
1915 Wellton Dr, Germantown, TN 38138
$-2,405
Cash flow
-12.0%
Cash-on-Cash Return

2.9%
Cap rate
0.5%
Rent to Value Ratio
Property photo
Active
MemphisTN

$509,900

4 bds | 2.5 ba | 0 sqft | built 1975
6992 Corsica Dr, Germantown, TN 38138
$-911
Cash flow
-9.3%
Cash-on-Cash Return

3.5%
Cap rate
0.5%
Rent to Value Ratio
Property photo
Active
MemphisTN

$550,000

4 bds | 2.5 ba | 0 sqft | built 1975
7086 Mc Vay Rd, Germantown, TN 38138
$-1,158
Cash flow
-11.0%
Cash-on-Cash Return

3.2%
Cap rate
0.5%
Rent to Value Ratio
Property photo
Active
MemphisTN

$399,000

4 bds | 3 ba | 0 sqft | built 1972
2133 Cranbrook Dr, Germantown, TN 38138
$-360
Cash flow
-4.7%
Cash-on-Cash Return

4.6%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MemphisTN

$437,900

4 bds | 2.1 ba | 0 sqft | built 1977
2485 Regents Walk, Germantown, TN 38138
$-177
Cash flow
-2.1%
Cash-on-Cash Return

5.2%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MemphisTN

$575,000

5 bds | 3 ba | 0 sqft | built 1972
2188 Cornwall St, Germantown, TN 38138
$-488
Cash flow
-4.4%
Cash-on-Cash Return

4.7%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MemphisTN

$570,000

4 bds | 3.1 ba | 0 sqft | built 1979
2784 Fox Creek Dr, Germantown, TN 38138
$-409
Cash flow
-3.7%
Cash-on-Cash Return

4.8%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MemphisTN

$495,000

4 bds | 2.1 ba | 0 sqft | built 1988
7594 Stout Rd, Germantown, TN 38138
$-828
Cash flow
-8.7%
Cash-on-Cash Return

3.7%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
MemphisTN

$434,900

4 bds | 2 ba | 0 sqft | built 1972
1551 Holly Hill Dr, Germantown, TN 38138
$-665
Cash flow
-8.0%
Cash-on-Cash Return

3.8%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
MemphisTN

$435,000

4 bds | 2.1 ba | 0 sqft | built 1978
7237 Creathwood Cv, Germantown, TN 38138
$-442
Cash flow
-5.3%
Cash-on-Cash Return

4.5%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
MemphisTN

$614,900

5 bds | 4 ba | 0 sqft | built 2004
3011 Oakleigh Manor Ln, Germantown, TN 38138
$-1,366
Cash flow
-11.6%
Cash-on-Cash Return

3.0%
Cap rate
0.5%
Rent to Value Ratio
Property photo
Active
MemphisTN

$224,900

2 bds | 2.1 ba | 0 sqft | built 1973
7503 Bavarian Dr, Germantown, TN 38138
$30
Cash flow
0.7%
Cash-on-Cash Return

5.8%
Cap rate
0.8%
Rent to Value Ratio
Property photo
Active
MemphisTN

$269,900

2 bds | 2.1 ba | 0 sqft | built 1974
7469 S Germantown Sq, Germantown, TN 38138
$-99
Cash flow
-1.9%
Cash-on-Cash Return

5.2%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MemphisTN

$594,900

4 bds | 3.1 ba | 0 sqft | built 1979
2707 Brook Bridge Cv, Germantown, TN 38138
$-762
Cash flow
-6.7%
Cash-on-Cash Return

4.1%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
MemphisTN

$475,000

6 bds | 3.1 ba | 0 sqft | built 1979
1829 E Churchill Downs, Germantown, TN 38138
$-604
Cash flow
-6.6%
Cash-on-Cash Return

4.2%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
MemphisTN

$975,000

6 bds | 3.1 ba | 0 sqft | built 2003
7571 Tagg Dr, Germantown, TN 38138
$-2,366
Cash flow
-12.7%
Cash-on-Cash Return

2.8%
Cap rate
0.5%
Rent to Value Ratio
Property photo
Active
MemphisTN

$345,000

4 bds | 3 ba | 0 sqft | built 1974
1676 Miller Farms Rd, Germantown, TN 38138
$-200
Cash flow
-3.0%
Cash-on-Cash Return

5.0%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MemphisTN

$435,000

4 bds | 2.1 ba | 0 sqft | built 1974
1914 Malabar Dr, Germantown, TN 38138
$-635
Cash flow
-7.6%
Cash-on-Cash Return

3.9%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
MemphisTN

$499,900

4 bds | 2.1 ba | 0 sqft | built 1978
8285 Honey Tree Cv, Germantown, TN 38138
$-759
Cash flow
-7.9%
Cash-on-Cash Return

3.9%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
MemphisTN

$232,500

2 bds | 2 ba | 0 sqft | built 1970
1841 Eagle Branch Cv, Germantown, TN 38138
$-169
Cash flow
-3.8%
Cash-on-Cash Return

4.8%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MemphisTN

$615,000

6 bds | 3.1 ba | 0 sqft | built 2005
3179 Steeplegate Dr, Germantown, TN 38138
$-708
Cash flow
-6.0%
Cash-on-Cash Return

4.3%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MemphisTN

$509,500

5 bds | 3.1 ba | 0 sqft | built 1998
2921 Crye Crest Cv, Germantown, TN 38138
$-829
Cash flow
-8.5%
Cash-on-Cash Return

3.7%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
MemphisTN

$365,000

5 bds | 3 ba | 0 sqft | built 1969
6985 Corsica Dr, Germantown, TN 38138
$-249
Cash flow
-3.6%
Cash-on-Cash Return

4.9%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MemphisTN

$595,000

4 bds | 2.1 ba | 0 sqft | built 1983
2994 Oakleigh Ln, Germantown, TN 38138
$-1,054
Cash flow
-9.2%
Cash-on-Cash Return

3.6%
Cap rate
0.5%
Rent to Value Ratio
Property photo
Active
MemphisTN

$484,000

5 bds | 2.1 ba | 0 sqft | built 1979
2884 Billy Cross Dr, Germantown, TN 38138
$-855
Cash flow
-9.2%
Cash-on-Cash Return

3.6%
Cap rate
0.5%
Rent to Value Ratio
Property photo
Active
MemphisTN

$411,900

3 bds | 3.1 ba | 0 sqft | built 1986
7235 Neshoba Cir, Germantown, TN 38138
$-551
Cash flow
-7.0%
Cash-on-Cash Return

4.1%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MemphisTN

$395,000

4 bds | 2.1 ba | 0 sqft | built 1971
7247 Great Oaks Rd, Germantown, TN 38138
$-329
Cash flow
-4.3%
Cash-on-Cash Return

4.7%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MemphisTN

$397,900

4 bds | 2.1 ba | 0 sqft | built 1964
6922 Brookside Cv, Germantown, TN 38138
$-735
Cash flow
-9.6%
Cash-on-Cash Return

3.5%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
MemphisTN

$629,000

5 bds | 3 ba | 0 sqft | built 1978
2548 Cedarwood Dr, Germantown, TN 38138
$-949
Cash flow
-7.9%
Cash-on-Cash Return

3.9%
Cap rate
0.6%
Rent to Value Ratio