Real Estate Investment Properties for Sale in Tennessee

Looking for investment property in Tennessee with high ROI ?

Explore a variety of short-term homes & houses in Tennessee. Invest wisely with VRBO & Tennessee Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Tennessee

Q: Which city in Tennessee to invest in for highest ROI on long term rental properties in 2024

In 2024, Hendersonis the best city to buy investment properties. Find more investment properties today!

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
8040 Maple Run Lane Knoxville, TN Located on a quiet cul-de-sac near South Northshore Drive, this beautiful colonial feature...	3 beds \| 3 baths \| 2,279 sq.ft.	$499,900	Airbnb cash on cash: 2.63% Traditional cash on cash: 3.71% Airbnb Rental Income: $2486 Traditional Rental Income: $2390 Airbnb ROI: 2.63% Traditional ROI: 3.71%
114 Windsor Dr Sparta, TN Location, Location! This home offers room to grow. Additional room by laundry that could b...	2 beds \| 2 baths \| 1,188 sq.ft.	$219,900	Airbnb cash on cash: 3.66% Traditional cash on cash: 7.37% Airbnb Rental Income: $1678 Traditional Rental Income: $1983 Airbnb ROI: 3.66% Traditional ROI: 7.37%
405 HARPER Atoka, TN Beautiful 4 bed 3.5 bath home complete with inground swimming pool, large covered patio, o...	4 beds \| 4 baths \| N/A	$509,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.56% Airbnb Rental Income: $null Traditional Rental Income: $3478 Airbnb ROI: N/A Traditional ROI: 5.56%
185 BRANCH ESTATE Savannah, TN Absolutely beautiful all brick home w/ 4Br, 3.5Ba located in restricted area only 3 miles ...	4 beds \| 4 baths \| N/A	$579,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.08% Airbnb Rental Income: $null Traditional Rental Income: $3589 Airbnb ROI: N/A Traditional ROI: 5.08%
4520 FLAMINGO Memphis, TN Motivated Seller! This remarkable 4 bed/2 bath landscaped home in Colonial Acres has hit t...	4 beds \| 2 baths \| N/A	$305,000	Airbnb cash on cash: 6.96% Traditional cash on cash: 5.25% Airbnb Rental Income: $3467 Traditional Rental Income: $2210 Airbnb ROI: 6.96% Traditional ROI: 5.25%
12647 Sandburg Lane Knoxville, TN Located in West Knoxville, this beautiful home is warm and inviting from the moment you dr...	4 beds \| 3 baths \| 2,490 sq.ft.	$580,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.07% Airbnb Rental Income: $null Traditional Rental Income: $2507 Airbnb ROI: N/A Traditional ROI: 3.07%
1507 Yuma Ct murfreesboro, TN Beautiful home located in Cul-de-sac. This home is Move In Ready! Hardwood flooring downst...	3 beds \| 3 baths \| 2,167 sq.ft.	$449,900	Airbnb cash on cash: 3.47% Traditional cash on cash: 3.63% Airbnb Rental Income: $2806 Traditional Rental Income: $2217 Airbnb ROI: 3.47% Traditional ROI: 3.63%
471 S REESE Memphis, TN Wonderful cottage on a sought after block! Spacious rooms and three full baths!! Master su...	3 beds \| 3 baths \| N/A	$369,000	Airbnb cash on cash: 3.28% Traditional cash on cash: 3.55% Airbnb Rental Income: $2594 Traditional Rental Income: $2065 Airbnb ROI: 3.28% Traditional ROI: 3.55%
1002 S WILLETT Memphis, TN Check out this 3 bedroom, 2 bath Midtown Gem! This completely renovated home is a definite...	3 beds \| 2 baths \| N/A	$239,900	Airbnb cash on cash: 7.18% Traditional cash on cash: 5.8% Airbnb Rental Income: $2646 Traditional Rental Income: $1703 Airbnb ROI: 7.18% Traditional ROI: 5.8%
3847 Post Oak Circle Cookeville, TN Discover your dream home with this all-brick gem on 2.6 serene acres, conveniently located...	3 beds \| 3 baths \| 3,160 sq.ft.	$395,000	Airbnb cash on cash: 4.19% Traditional cash on cash: 6.12% Airbnb Rental Income: $2960 Traditional Rental Income: $2992 Airbnb ROI: 4.19% Traditional ROI: 6.12%
2756 Southwinds Circle Sevierville, TN Seller offering concessions to BUY DOWN POINTS. This will lower your interest rate, so no ...	4 beds \| 3 baths \| 2,980 sq.ft.	$519,690	Airbnb cash on cash: N/A Traditional cash on cash: 4.36% Airbnb Rental Income: $null Traditional Rental Income: $2824 Airbnb ROI: N/A Traditional ROI: 4.36%
327 W Marine Rd Knoxville, TN Sitting on 1.4 acres of unrestricted land with county only taxes, just 15 minutes from dow...	4 beds \| 2 baths \| 2,182 sq.ft.	$340,000	Airbnb cash on cash: 4.94% Traditional cash on cash: 5.19% Airbnb Rental Income: $2704 Traditional Rental Income: $2143 Airbnb ROI: 4.94% Traditional ROI: 5.19%
500 Paragon Mills Road Nashville, TN Renovated condo in South Nashville features 2 bedrooms, 1 bath. Open living/dining room an...	2 beds \| 1 baths \| 958 sq.ft.	$214,000	Airbnb cash on cash: 5.23% Traditional cash on cash: 2.95% Airbnb Rental Income: $2280 Traditional Rental Income: $1248 Airbnb ROI: 5.23% Traditional ROI: 2.95%
2442 Woodbine Avenue Knoxville, TN Classic character prevails in this popular Park City Craftsman style home. Spacious porch ...	2 beds \| 1 baths \| 1,132 sq.ft.	$319,900	Airbnb cash on cash: 3.95% Traditional cash on cash: 3.14% Airbnb Rental Income: $2276 Traditional Rental Income: $1464 Airbnb ROI: 3.95% Traditional ROI: 3.14%
228 Cedar Place Row Nashville, TN 228 Cedar Place Row, Nashville, TN 37221 \| Single Family Residential	3 beds \| 2 baths \| 2,163 sq.ft.	$549,900	Airbnb cash on cash: 3.89% Traditional cash on cash: 2.02% Airbnb Rental Income: $3960 Traditional Rental Income: $2150 Airbnb ROI: 3.89% Traditional ROI: 2.02%
1704 Hidden Hills Rd #207 Gatlinburg, TN This beautifully maintained contemporary 1 level unit is updated and move-in- ready. Quiet...	2 beds \| 2 baths \| 2,447 sq.ft.	$549,900	Airbnb cash on cash: 1.1% Traditional cash on cash: 1.66% Airbnb Rental Income: $2498 Traditional Rental Income: $2176 Airbnb ROI: 1.1% Traditional ROI: 1.66%
606 Thatta Way Gatlinburg, TN Discover the perfect blend of privacy and location with this spacious 4-bedroom, 5-bathroo...	3 beds \| 5 baths \| 3,785 sq.ft.	$799,000	Airbnb cash on cash: 2.53% Traditional cash on cash: 2.16% Airbnb Rental Income: $3831 Traditional Rental Income: $2733 Airbnb ROI: 2.53% Traditional ROI: 2.16%
415 Matterhorn Drive Gatlinburg, TN AMAZING INVESTMENT OPPORTUNITY!!! This MASSIVE (nearly 5,000 sqft) turn-key custom built c...	3 beds \| 5 baths \| 4,971 sq.ft.	$1,449,000	Airbnb cash on cash: 0.83% Traditional cash on cash: 1.59% Airbnb Rental Income: $3831 Traditional Rental Income: $4028 Airbnb ROI: 0.83% Traditional ROI: 1.59%
1004B Clay St Nashville, TN 1004B Clay St, Nashville, TN 37208 \| Single Family Residential	3 beds \| 2 baths \| 1,560 sq.ft.	$515,000	Airbnb cash on cash: 4.63% Traditional cash on cash: 1.57% Airbnb Rental Income: $4002 Traditional Rental Income: $1670 Airbnb ROI: 4.63% Traditional ROI: 1.57%
3646 AUTUMN Memphis, TN Nestled on a quiet street in one of Memphisâ hottest neighborhoods, High Point Terrace, ...	3 beds \| 1 baths \| N/A	$299,900	Airbnb cash on cash: 3.94% Traditional cash on cash: 2.6% Airbnb Rental Income: $2402 Traditional Rental Income: $1437 Airbnb ROI: 3.94% Traditional ROI: 2.6%
1844 OLIVER Memphis, TN Beautiful midtown house with 4 bedrooms and 2.5 baths with hardwood floors throughout. Sta...	4 beds \| 3 baths \| N/A	$325,000	Airbnb cash on cash: 6.59% Traditional cash on cash: 6.29% Airbnb Rental Income: $3498 Traditional Rental Income: $2634 Airbnb ROI: 6.59% Traditional ROI: 6.29%
528 S MCLEAN Memphis, TN A truly rare opportunity to own this Central Gardens gem! With timeless elegance and histo...	4 beds \| 3 baths \| N/A	$409,000	Airbnb cash on cash: 4.16% Traditional cash on cash: 4.91% Airbnb Rental Income: $3498 Traditional Rental Income: $3014 Airbnb ROI: 4.16% Traditional ROI: 4.91%
2954 SOUTHERN #2954 Memphis, TN	2 beds \| 3 baths \| N/A	$250,000	Airbnb cash on cash: 3.97% Traditional cash on cash: 7.33% Airbnb Rental Income: $2107 Traditional Rental Income: $2360 Airbnb ROI: 3.97% Traditional ROI: 7.33%
245 S MENDENHALL Memphis, TN Charming and eclectic 3-bedroom, 2-bath home on South Mendenhall Rd, between Poplar Ave an...	3 beds \| 2 baths \| N/A	$575,000	Airbnb cash on cash: 1.33% Traditional cash on cash: 0.89% Airbnb Rental Income: $2594 Traditional Rental Income: $1736 Airbnb ROI: 1.33% Traditional ROI: 0.89%
4945 MINDEN Memphis, TN All the charm your Buyers are looking for can be found in this East Memphis home for under...	3 beds \| 2 baths \| N/A	$379,000	Airbnb cash on cash: 3.03% Traditional cash on cash: 3.08% Airbnb Rental Income: $2594 Traditional Rental Income: $1992 Airbnb ROI: 3.03% Traditional ROI: 3.08%
27 N FENWICK Memphis, TN Come check out this two bedroom one bathroom cottage style home in beautiful Chickasaw Gar...	2 beds \| 1 baths \| N/A	$194,900	Airbnb cash on cash: 4.53% Traditional cash on cash: 3.33% Airbnb Rental Income: $1861 Traditional Rental Income: $1140 Airbnb ROI: 4.53% Traditional ROI: 3.33%
530 Brewer St Athens, TN Nestled in the heart of town, this beautiful brick single-level ranch home offers the perf...	3 beds \| 2 baths \| 2,084 sq.ft.	$268,000	Airbnb cash on cash: 2.93% Traditional cash on cash: 8.1% Airbnb Rental Income: $1668 Traditional Rental Income: $2509 Airbnb ROI: 2.93% Traditional ROI: 8.1%
3488 Little Dry Run Road Butler, TN Back On the Market, no fault due to the sellers, home inspection done, a great report, tit...	3 beds \| 2 baths \| 1,600 sq.ft.	$185,000	Airbnb cash on cash: 4.95% Traditional cash on cash: 8.9% Airbnb Rental Income: $1743 Traditional Rental Income: $1958 Airbnb ROI: 4.95% Traditional ROI: 8.9%
106 Belmont Avenue Mount Carmel, TN Welcome home to this charming brick ranch offering the perfect blend of comfort, practical...	3 beds \| 2 baths \| 1,305 sq.ft.	$249,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.57% Airbnb Rental Income: $null Traditional Rental Income: $1710 Airbnb ROI: N/A Traditional ROI: 5.57%
317 Circle Drive Baxter, TN Nestled in the heart of Baxter, TN, this beautifully updated 3 BR, 2 BA home boasts 1,458 ...	3 beds \| 2 baths \| 1,458 sq.ft.	$264,998	Airbnb cash on cash: N/A Traditional cash on cash: 6.92% Airbnb Rental Income: $null Traditional Rental Income: $2251 Airbnb ROI: N/A Traditional ROI: 6.92%
620 Lampwick Lane Knoxville, TN Do not miss this beauty; an enchanting 4-bedroom, 2.5-bathroom home nestled in the heart o...	4 beds \| 3 baths \| 2,510 sq.ft.	$465,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.69% Airbnb Rental Income: $null Traditional Rental Income: $2491 Airbnb ROI: N/A Traditional ROI: 3.69%
3208 Quiet Way Knoxville, TN Welcome Home to this Templeton Court Condo! Clean, Bright and Warm... This Move In Ready 2...	2 beds \| 2 baths \| 1,080 sq.ft.	$207,000	Airbnb cash on cash: 3.75% Traditional cash on cash: 4.78% Airbnb Rental Income: $1665 Traditional Rental Income: $1401 Airbnb ROI: 3.75% Traditional ROI: 4.78%
5709 Lyons View Pike #5206 Knoxville, TN Welcome home to a completely remodeled Condo with $80k+ spent by Seller on the remodel. El...	1 beds \| 1 baths \| 612 sq.ft.	$199,000	Airbnb cash on cash: 3.26% Traditional cash on cash: 2.21% Airbnb Rental Income: $1686 Traditional Rental Income: $1018 Airbnb ROI: 3.26% Traditional ROI: 2.21%
9767 Falcon Crest Drive Ooltewah, TN Nothing to do but move into this beautifully updated one level home on almost a half acre ...	3 beds \| 2 baths \| 1,542 sq.ft.	$349,900	Airbnb cash on cash: 4.61% Traditional cash on cash: 4.54% Airbnb Rental Income: $2693 Traditional Rental Income: $2034 Airbnb ROI: 4.61% Traditional ROI: 4.54%
1709 Cherokee Road #304 Johnson City, TN Move in ready! Luxury townhouse in prime Johnson City location, minutes away from ETSU, JC...	2 beds \| 3 baths \| 1,989 sq.ft.	$259,900	Airbnb cash on cash: 4% Traditional cash on cash: 7.26% Airbnb Rental Income: $2111 Traditional Rental Income: $2368 Airbnb ROI: 4% Traditional ROI: 7.26%
701 West Locust Street #30 Johnson City, TN Charming Renovated Condo in the Heart of the Tree Streets Discover the perfect blend of...	2 beds \| 2 baths \| 760 sq.ft.	$189,999	Airbnb cash on cash: 5.63% Traditional cash on cash: 5.55% Airbnb Rental Income: $2036 Traditional Rental Income: $1493 Airbnb ROI: 5.63% Traditional ROI: 5.55%
1434 GARRETT PLACE Gatlinburg, TN Amazing VIEWS from Three Bears Den, nestled in the beautiful mountains overlooking Ober G...	3 beds \| 3 baths \| 1,664 sq.ft.	$599,995	Airbnb cash on cash: 3.91% Traditional cash on cash: 2.91% Airbnb Rental Income: $3831 Traditional Rental Income: $2440 Airbnb ROI: 3.91% Traditional ROI: 2.91%
1200 Colonial Union City, TN Wow! This 4BR, 3BA all on one floor home will blow you away with the open floor plan, huge...	4 beds \| 3 baths \| 5,169 sq.ft.	$395,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.08% Airbnb Rental Income: $null Traditional Rental Income: $3329 Airbnb ROI: N/A Traditional ROI: 7.08%
1449 Forest Union City, TN Stunning Colonial-Style 4-Bedroom, 3-Bath Home in Sherwood Hills. Plantation Shutters and ...	4 beds \| 3 baths \| 3,811 sq.ft.	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.99% Airbnb Rental Income: $null Traditional Rental Income: $2956 Airbnb ROI: N/A Traditional ROI: 4.99%
5637 Autumn Creek Drive Knoxville, TN This charming 3 bedroom and 2.5 bath home with 1,910 sq' features engineered hardwood on t...	3 beds \| 3 baths \| 1,910 sq.ft.	$373,900	Airbnb cash on cash: 4.71% Traditional cash on cash: 4.14% Airbnb Rental Income: $3082 Traditional Rental Income: $2180 Airbnb ROI: 4.71% Traditional ROI: 4.14%

Real Estate investment in Tennessee

There are 14,934 properties available for sale in the state of Tennessee. Henderson, Old Hickory and Franklin are the best rental property markets in Tennessee. The average median price of properties for sale in these cities are $599,167 and the average price per square foot is $0. Their average monthly cash on cash return is 5.00%.

Tennessee Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 14,934 investment properties available for sale in Tennessee.

In 2024, Henderson is the best city to buy investment properties. Find more investment properties today!

In 2024, Henderson (8%) and Old Hickory (5%) has the highest cash on cash return for long term rentals in Tennessee.

Your search for investment property begins and ends here

Investment Property for Sale in Tennessee

8040 Maple Run Lane

Knoxville, TN

3 beds | 3 baths | 2,279 sq.ft.

$499,900

Airbnb cash on cash: 2.63%

Traditional cash on cash: 3.71%

Airbnb Rental Income: $2486

Traditional Rental Income: $2390

Airbnb ROI: 2.63%

Traditional ROI: 3.71%

114 Windsor Dr

Sparta, TN

2 beds | 2 baths | 1,188 sq.ft.

$219,900

Airbnb cash on cash: 3.66%

Traditional cash on cash: 7.37%

Airbnb Rental Income: $1678

Traditional Rental Income: $1983

Airbnb ROI: 3.66%

Traditional ROI: 7.37%

405 HARPER

Atoka, TN

4 beds | 4 baths | N/A

$509,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.56%

Airbnb Rental Income: $null

Traditional Rental Income: $3478

Airbnb ROI: N/A

Traditional ROI: 5.56%

185 BRANCH ESTATE

Savannah, TN

4 beds | 4 baths | N/A

$579,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.08%

Airbnb Rental Income: $null

Traditional Rental Income: $3589

Airbnb ROI: N/A

Traditional ROI: 5.08%

4520 FLAMINGO

Memphis, TN

4 beds | 2 baths | N/A

$305,000

Airbnb cash on cash: 6.96%

Traditional cash on cash: 5.25%

Airbnb Rental Income: $3467

Traditional Rental Income: $2210

Airbnb ROI: 6.96%

Traditional ROI: 5.25%

12647 Sandburg Lane

Knoxville, TN

4 beds | 3 baths | 2,490 sq.ft.

$580,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.07%

Airbnb Rental Income: $null

Traditional Rental Income: $2507

Airbnb ROI: N/A

Traditional ROI: 3.07%

1507 Yuma Ct

murfreesboro, TN

3 beds | 3 baths | 2,167 sq.ft.

$449,900

Airbnb cash on cash: 3.47%

Traditional cash on cash: 3.63%

Airbnb Rental Income: $2806

Traditional Rental Income: $2217

Airbnb ROI: 3.47%

Traditional ROI: 3.63%

471 S REESE

Memphis, TN

3 beds | 3 baths | N/A

$369,000

Airbnb cash on cash: 3.28%

Traditional cash on cash: 3.55%

Airbnb Rental Income: $2594

Traditional Rental Income: $2065

Airbnb ROI: 3.28%