Single Family Home for sale by owner in Memphis, TN 38114. Outstanding Investment Rental Property! Immediate cash flow. Potential 18% return on investment. Priced for quick sale, 38.5% below BPO of $58,000. Renter with 1 year lease, $595/mo till 6/11. 2 BR, 1BA. 1262 sq. ft. Cute little house in a rental area!... See site for full property details.