Drastically varying prices for Memphis, TN 38127 properties

[Jeff Young]

I'm looking into Memphis, TN for rental properties. I see some interesting deals, but I'm having trouble understanding how some properties sell for $90-125,000, then others on the same street only sell for $20-40,000. For example, 612 Leavert Ave, Memphis, TN 38127 AND 618 Leavert Ave, Memphis, TN 38127. $34,000 vs $132,000 respectively.

Are there any agents or property managers that can shed some light on this and/or show me some deals. I'm looking to buy rental properties in any cash flowing/appreciating market(s).