Homes in 38111 under $100,000

Experience Gated Living in a quiet community for an unbelievably affordable price. Walnut Grove Co-op is Truly a little gem of a community hidden in East Memphis. Two bedrooms, 1 bath, with hardwood floors and renovated kitchen. This unit has 1 new high eff. HVAC system 2024 furnace and compressor. New gas hot water heater 2022, high efficiency storm windows throughout, new kitchen cabinets,

Jeff Bennett Hobson, REALTORS

Charming single-family home featuring 3 bedrooms and 1 bathroom with a functional layout. Enjoy a spacious backyard perfect for outdoor activities, entertaining, or future expansion. Great opportunity.

Alexis Martz Trelora Realty

OWNER FINANCING AVAILABLE! Great Investment Opportunity! Gated Community! 2 Bedroom Townhouse. Common Laundry Room. Two Blocks from the University of Memphis. 1 Block from The Highland Strip with Food, Bars and Shopping. Cosmetic work needed, but a Steal at this price. Sold "as is". Other properties available. Could be sold as a package deal.

Danny Lipsey Keller Williams

Come see this 2 bedroom, 1 bath condo near the University of Memphis before school starts! This ground floor, single-story unit is perfect for an owner occupant or an investor. Anchored by the University, property values will always be stable. The previous owner has installed new floors and applied fresh paint throughout. The current owner has replaced the water heater! Allappliances remain. This

Jenna Williamson Green Bee Real Estate

Incredible investment opportunity available with tremendous cash flow and huge potential upside! This property is tenant occupied for $895/mo. 35k in rehab done to this property in the past year! Multiple properties available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied AND have value add upside. Many of these homes have

William Haynes Crye-Leike, Inc., REALTORS

OWNER FINANCING AVAILABLE! Great Investment Opportunity! Gated Community! 2 Bedroom Townhouse. Common Laundry Room. 2 Blocks from the University of Memphis. 1 Block from the Highland Strip with Food, Bars & Shopping. Cosmetic work needed, but a Steal at this Price. Sold "as is". Other properties available for a possible package deal.

Danny Lipsey Keller Williams

Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38111 area. Cash flowing with a monthly rental amount of $1,040/month. The lease ends on 2/28/2027. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

Dean Harris CrestCore Realty MphsBrokerage

Cash flowing property in the desirable 38111 zip code. Home has a long standing housing tenant that is paying $950. Current lease ends in July 2026. Professionally managed. Access upon accepted offer. Call listing agent for details.

Andrew Akins CB Properties of Memphis, LLC

Rare opportunity to own this unique property just 5 minutes from U of M and 10 minutes from the medical center. This is a two bedroom one bath upstairs unit with tastefully renovated kitchen and bath, lovely refinished hardwood floors and new windows. Secure gated property with security gates. It is a CO-OP not a Condo. NO long or short term RENTALS are allowed in the Walnut Grove Apartments.

Jane Baker Sowell, Realtors

Investor special priced to sell!! This 1,200+ SF home offers incredible potential for an investor or owner occupant looking to add value with cosmetic updates. Whether you're searching for your next flip, long term rental, student housing opportunity, or future family home, this property checks all the boxes. Located just minutes from the University of Memphis, the area continues to see strong

Tyler Bowman Weichert, REALTORS-BenchMark

2 BR 1 Bath –Sold "AS IS" - Market rent $1100.00. Rehabbed in late 2023- New roof, exterior paint, new floors, bathrooms, and kitchen, LVT and tile flooring, new condenser, new furnace, hot water heater, lighting, and fixtures. Can be sold as a pkg with the following MLS listings: 10212617, 10212607,10212610, 10212608, 10212615, 10212614, and 10212613. No owner finance or wholesalers.

Brett Bernard The Stamps Real Estate Company

Charming & Adorable 3BR/1BA Fully Renovated Cottage~Truly Move-In Ready w/Thoughtful Updates Throughout~Inviting Large Living Room w/Abundant Natural Light & Spacious Formal Dining Room Perfect for Entertaining~Spacious Kitchen w/Ample Cabinetry + Separate Laundry Room for Added Convenience~Three Generously Sized Bedrooms + Full Bath~Fresh Interior Paint & Wood Laminate Flooring

Jennifer Carstensen Real Estate Agency

Beautiful one-bedroom, one-bathroom cottage with an office known as "Merigold Cottage" is now available for first-time homebuyers only. NO investors. Buyer must meet HUD 2026 80% AMI total household income eligibility. See info in MLS docs. The Seller is offering $10K in down payment assistance. Range/oven and dishwasher will be installed before closing. HOA - $20 a month.

Tammy Coleman Legendary Realty

This property presents a unique investment opportunity for savvy investors. Recently affected by a fire, the interior has been completely gutted, and the studs have been repaired, providing a clean slate for renovation. The home is prepped and ready for sheetrock and flooring, offering the potential to customize the space to suit your vision. Whether you're looking to fix and flip or fix and

Shekila Shields KAIZEN Realty, LLC

Welcome to this unique 1st-floor flat in a cooperative community, offering low-maintenance living in a central location. This 2BD, 1BA unit features hardwood floors throughout and an updated kitchen, with appliances just one year old that stay. New windows provide added efficiency and natural light. Unlike a traditional condo, this co-op ownership means residents are part owners of the entire

Amy Foster Bryan Realty Group

Unlock the incredible potential of this 3-bedroom, 1-bath home situated on a spacious, tree-lined lot, PLUS an additional home located on the property, offering even more possibilities. This property is a rare find for investors and visionaries alike. Whether you're looking for your next flip, a multi-unit rental opportunity, or a property with space for extended living, this one delivers

Jonathan Nunez Fast Track Realty, LLC

Great Fixer Upper near the University of Memphis being offered at a wonderful price. Home has 3 bedrooms 2 bathrooms with large front porch, hardwood floors, gas cooking, big backyard, plenty of kitchen cabinets, and central heat and air. Home needs repairs. This home is estimated at over 1500 square feet! Please do all inspections up front. Cash offers only. ONLINE VIDEO AVAILABLE UPON REQUEST.

Monica Bynum Crye-Leike, Inc., REALTORS

Incredible investment opportunity available with tremendous cash flow and huge potential upside! This home is rented for $725/mo with a market rent of $1000/mo. Multiple properties available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied AND have value add upside. Many of these homes have had significant rehab done in the

William Haynes Crye-Leike, Inc., REALTORS

Incredible investment opportunity available with tremendous cash flow and huge potential upside! Current rent is $895/mo, market rent is $975/mo. Multiple properties available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied AND have value add upside. Many of these homes have had significant rehab done in the past few years.

William Haynes Crye-Leike, Inc., REALTORS

OWNER FINANCING AVAILABLE! Beautiful townhouse condo with 2 bedrooms and 1.5 baths. Very close to the action! Right off the Highland Strip and blocks away from the University of Memphis campus. Can be purchased for rental. HOA: monthly fee is $140/unit & covers: exterior maintenance repairs; HOA property insurance; landscaping & grounds cleaning; pest control; water/sewer for property; utilities

Adam Watson Keller Williams

Three bedroom one bathroom home being offered at a great price. Home is located near the University of Memphis. Home needs substantial repairs and it is being priced accordingly. Home has a large front porch and nice floor plan. Could be worth a lot of money once rehabbed. Property being sold as-is, where-is. No wholesalers, no assignments, please do all inspections up front.

Tyler Tapley Crye-Leike, Inc., REALTORS

Fantastic investment opportunity in the Shelby area. This 2br/2 bath single-family home is in the 38111 area. Cash flowing with a monthly rental amount of $935/month. The lease ends on 02/28/2027. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

Dean Harris CrestCore Realty MphsBrokerage

Fantastic investment opportunity in the Shelby area. This 2br/1 bath single-family home is in the 38111 area. Cash flowing with a monthly rental amount of $955/month. The lease ends on 02/28/27. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

Dean Harris CrestCore Realty MphsBrokerage

Charming 2 BR/1 Bath home for sale. This property offers excellent investment potential as a rental and is also a great opportunity for a first-time homebuyer. Don't miss the chance to own a home with both value and versatility.

David Maley Right Way Realty, LLC

This 2 bedroom and 1 bathroom home is a great to add to your portfolio, a starter for your portfolio, or if you are a first time home buyer. This home is located near Public Library on Poplar with all your shopping needs near by. This property is being sold AS-IS.

Donnie Ellis 4 Success Realty, LLC