Market snapshot
This report covers ZIP 38112, Memphis, TN. Demographic and housing figures blend U.S. Census ACS 5-year estimates with current rental listings. Flip-activity figures come from public county records of real estate transactions in the last 12 months, filtered to exclude wholesale deals, family transfers, and new construction.
Flipper activity in ZIP 38112
In the last 12 months, 12 properties in ZIP 38112 were bought and resold by investors, matching a real-flip profile (28 to 540 day hold, purchase of $25K or more, no new construction, rebuilds, iBuyers or multi-parcel sales; money-losing flips included). The typical flip cleared $42K in gross margin before rehab, carrying, and closing costs, with a median hold time of 116 days.
Top flippers in the zip
| Rank | Flipper / LLC | Flips |
|---|---|---|
| 1 | BEN DUKE BUILDER LLC | 2 |
| 2 | REI CAPITAL LLC | 1 |
| 3 | BROAD STREET RRP LLC | 1 |
| 4 | GP BUYERHOUSE | 1 |
| 5 | SOUTHERN SPECIALTY PROPERTIES LLC | 1 |
Recent example
2485 PRINCETON AVE, MEMPHIS, TN, 38112 · REI CAPITAL LLC
Bought $50,000, sold $50,000 (N/A), held 111 days.
Recent investor purchases in ZIP 38112
72 investor purchases in ZIP 38112 in the last 6 months, at a median price of $75K. 33% were all-cash. These are the investors competing for deals in this zip right now.
| Date | Property | Investor | Price | Paid with |
|---|---|---|---|---|
| Oct 27, 2026 | 752 N BINGHAM ST | RL RPD LLC | $84K | Cash |
| Oct 26, 2026 | 2275 JACKSON AVE | SUN MOON & STARS INC | $142K | Financed |
| Oct 8, 2026 | 2405 PARKWAY PL | MDM INVESTMENTS OF MEMPHIS LLC | $100K | Financed |
| Sep 29, 2026 | 2460 FAXON | ALPHA JACK LLC | $20K | Cash |
| Sep 25, 2026 | 593 HARRELL ST | GRODT LLC | $65K | Financed |
| Sep 24, 2026 | 746 LIPFORD ST | MEMPHIS PASSIVE 1 LLC | $26K | Financed |
| Sep 23, 2026 | 807 KIPPLEY ST | GRODT LLC | $72K | Financed |
| Sep 23, 2026 | 2863 CREST AVE | TNMEM 55 LLC | $50K | Financed |
| Sep 22, 2026 | 2612 UNION AVE | INNOVATION DEAL INVEST LLC | $65K | Financed |
| Sep 21, 2026 | 2645 WHITMAN AVE | LB-TIKI SERIES VI TRUST | $72K | Cash |
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More of Memphis
See every zip, the latest investor purchases and flips across the city on the Memphis, TN fix-and-flip market report.
See every flip in 38112, with full buyer and deal details
The full tool shows every flip transaction with buyer entity, exact purchase price, sale price, margin, and hold time. Plus the complete flipper leaderboard, comps for any address, rental analysis, and our T1F Market Score.
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About this data
Flip transactions: Pulled from public county recording records via SFR Analytics. Filtered to investor purchases resold 28 to 540 days later (shorter holds are wholesale or assignment deals). New construction, rebuilds, iBuyers, homebuilders, multi-parcel sales, family transfers and purchases under $25K are excluded. Money-losing flips are included, so margins reflect the real range of outcomes.
Gross margin: Sale price minus purchase price. Does not include rehab, carrying, or closing costs. Use our Deal Calculator to model full project returns.
Demographics and rent: Population, median household income, and median home value from U.S. Census ACS 5-year estimates (2022). Rental figures reflect current listings from SFR Analytics.
Why we built this: Tier One Funding is a direct bridge and fix-and-flip lender. We built this free tool because flippers kept asking us, "What are the real numbers in my market?" and there was no free answer that wasn't buried behind a paywall. Use the data to decide where to buy, then call us when you need bridge capital.