SHERWOOD FOREST Homes for Sale

SHERWOOD FOREST Homes for Sale

Welcome to Sherwood Forest, a charming subdivision nestled in the heart of Memphis, Tennessee. This sought-after community is located in Shelby County, offering residents a peaceful and picturesque setting to call home.

Sherwood Forest is a true hidden gem, boasting a variety of homes for sale that cater to different preferences and lifestyles. From cozy bungalows to spacious family homes, there is something for everyone in this lovely neighborhood. With tree-lined streets and well-maintained properties, Sherwood Forest exudes a welcoming atmosphere that is perfect for families, young professionals, and retirees alike.

In addition to its tranquil surroundings, Sherwood Forest is conveniently located near a range of amenities, including shopping centers, restaurants, parks, and schools. Residents can enjoy easy access to all that Memphis has to offer while still being able to retreat to the peacefulness of their own community.

Whether you are looking for a place to settle down or are interested in making a sound investment, Sherwood Forest is the perfect place to find your dream home. Don't miss out on the opportunity to be a part of this wonderful community - browse our listings of homes for sale in Sherwood Forest today and start your journey towards finding your perfect home.

Newest SHERWOOD FOREST Homes for Sale

$210,000
4 Beds ⋅ 2 Baths ⋅ 10229723 MLS
Fully renovated 4 bedroom, 2 bath home with a rare split floor plan — hard to find and highly requested for the privacy it gives. The kitchen and living area are oversized and open to each other, built for entertaining. Refinished hardwood floors and granite countertops run throughout, and both bathrooms have been completely renovated. New roof and HVAC system are BRAND NEW!!! Bonus, large deck in the back yard. Set on a quiet street within walking distance of the University of Memphis, this is a strong fit for owner-occupants or investors. A true turnkey property: nothing left to update, just move in.

1126 Will Scarlet Rd, Memphis
$349,500
5 Beds ⋅ 3.1 Baths ⋅ 10229635 MLS
Prime investment opportunity near the University of Memphis! Built in 2018, this spacious 5-bedroom, 3.5-bathroom home generates $4,500+ in average monthly gross income as a top-performing short-term rental. Property Highlights: Proven Cash Flow: Currently operating as a high-earning Airbnb with an experienced property manager willing to stay on for the new buyer—offering true passive income from day one! Modern Build: Built in 2018 with high ceilings, energy-efficient spray foam insulation, durable finishes, and low maintenance costs. Functional Layout: 5 bedrooms and 3.5 baths provide maximum capacity for short-term guests, groups, or student housing. Expansive Backyard: Massive private yard featuring a gated drive with parking space for multiple vehicles. Location: Minutes from the U of M campus, dining, shopping, and fast access to I-240. Option to negotiate furniture and keep current management in place for a seamless transition. Contact today for details or to schedule a p

1071 Getwell Rd, Memphis
$129,901
3 Beds ⋅ 1 Baths ⋅ 10228843 MLS
Investor special or the perfect place to call home! This move-in ready 3-bedroom home offers a spacious, fully fenced backyard and an excellent location close to shopping, dining, and schools. Conveniently located near Sherwood Elementary, Sherwood Middle, and Melrose High School, this property is ideal for homeowners and investors alike. With online sources estimating rental potential around $1,400 per month, this home presents a fantastic opportunity to add to your portfolio or purchase as your first home. Schedule your showing today!

3723 Wilshire Ave, Memphis
$129,000
2 Beds ⋅ 1 Baths ⋅ 10227454 MLS
Charming, easy-care living in the heart of Sherwood Forest! This move-in-ready 2-bedroom, 1-bathroom home features a functional 802 sq. ft. layout with 5 total rooms, offering a comfortable and cozy flow throughout. Enjoy low-maintenance single-story living complete with covered carport parking. Situated on a 50x120 lot in a prime Memphis location close to local amenities, the University of Memphis, Audubon Park, dining, and main thoroughfares. Whether you're looking for an affordable starter home or a turnkey addition to your investment portfolio, 1121 Will Scarlet is a must-see!

1121 Will Scarlet Rd, Memphis
$159,000
4 Beds ⋅ 2 Baths ⋅ 10225622 MLS
Welcome to a beautifully maintained home in the heart of East Memphis! Major updates completed in 2019 include a new roof, HVAC system, and water heater, giving you peace of mind for years to come. The home offers a warm, inviting layout. Located just minutes from the University of Memphis, Shelby Farms Park, and the Memphis Botanic Garden, this home is perfectly positioned near some of the city's top attractions, shopping, dining, and entertainment. Don’t miss your chance to own a well cared for property! Home is currently tenant occupied paying $1,650 a month, lease ends 1/01/2027.

3704 Friar Tuck Rd, Memphis
$105,000
2 Beds ⋅ 1 Baths ⋅ 10224652 MLS
Tenant occupied – do not disturb tenant. Charming brick home featuring 2 bedrooms, 1 bathroom, and a detached garage with bonus space above. Situated on a spacious lot in a convenient Memphis location, this property offers a strong investment opportunity with immediate rental income potential and long-term upside. Contact listing agent for additional information.

3764 Healey St, Memphis
$145,000
2 Beds ⋅ 1 Baths ⋅ 10224399 MLS
Check out this cozy 2 bedroom 1 bath bungalow in the heart of the University of Memphis area on a large lot. Over 1,100 sq. ft. of living space featuring hardwood floors, fresh paint inside/out, a renovated bathroom, new windows, new HVAC, new roof, and much more. All appliances to stay including washer and dryer.

1107 Mcevers Rd, Memphis
$185,000
4 Beds ⋅ 2 Baths ⋅ 10223595 MLS
Here's your chance to own a renovated 4br 2ba, including the 1br 1ba efficiency attached in Sherwood Forrest. Very close to U of M. The efficiency apartment is currently tenant occupied at $900/mo. The 3br 1ba main house is vacant and easy to show. Showing of the occupied unit will be only after accepted offer. Great house-hack opportunity!

3844 Wilshire Rd, Memphis
$135,000
3 Beds ⋅ 1 Baths ⋅ 10223258 MLS
"OWNER AGENT, NEW REDUCED PRICE! Great opportunity at 3663 Park Ave. This 3BR/1BA residential-zoned property offers strong potential for small business use, subject to your Re-Zoning approval. Excellent option for an owner-user, investor, or homeowner looking for a visible property with future upside. Central HVAC, New roof was installed last Aug 2025, fresh paint. Fenced backyard with a great built in Deck. Close to U of M, Mediterranean grocery, shopping center and Highland Strip. "All the major repairs have been completed!"

3663 Park Ave, Memphis
$229,000
4 Beds ⋅ 2 Baths ⋅ 10223218 MLS
Brand-New Construction Near the University of Memphis Welcome to this beautifully built 4-bedroom, 2-bathroom new construction home, ideally located just minutes from the University of Memphis. Featuring durable, low-maintenance solid surface flooring throughout, this home offers modern style and easy upkeep from the moment you walk in. The open, functional layout makes it a perfect fit for first-time homebuyers ready to put down roots, or for investors looking to capitalize on strong, steady rental demand in one of Memphis's most active student and professional corridors. Centrally located, you'll enjoy quick access to shopping, dining, and everyday conveniences, with the entire city within easy reach. New construction means peace of mind — no deferred maintenance, just a clean slate and years of worry-free ownership ahead. Whether you're buying your first home or adding to your portfolio, this one checks all the boxes. Schedule your showing today! Owner/Agent

3721 Huntingdon Ln, Memphis
$190,000
3 Beds ⋅ 2 Baths ⋅ 10222937 MLS
Beautifully maintained brick home in the established Sherwood Forest neighborhood featuring 3 bedrooms and 2 full baths. This home offers timeless hardwood floors, abundant natural light, and spacious rooms throughout. The oversized primary suite includes a private bath and large walk-in closet. The kitchen features gas cooking, a large pantry, and opens to a flexible bonus room perfect for an office, breakfast area, playroom, sunroom or den. Enjoy a formal dining room, inviting living room, and a large fenced backyard with excellent privacy. Wonderful floor plan, great curb appeal, and an excellent opportunity for both homeowners and investors. Tenant occupied but tenants will vacate. Owner/Agent.

961 Little John Rd, Memphis
$175,000
2 Beds ⋅ 1 Baths ⋅ 10222899 MLS
Well maintained investment property in the Sherwood Forest neighborhood. Front house has 2bedrooms - 1bath, living and dining room adequate living space. Back house offers 2-stories 1bedroom, 1bath full size kitchen laundry area and a walk out deck Great rental or AirBNB. Front house is currently tenant occupied.

3522 Stuart Rd, Memphis
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