Affordable Homes for Sale in Memphis, TN under $154,000

• 

  

  

  /40

  $140,000

  • 4 Beds
  • 2 Baths
  • 1,300 Sq Ft

  1535 Standridge St, Memphis, TN 38108

  Turnkey move-in ready duplex for sale in 38108! Each side has 2 bed/1 bath units and can be rented as high as $750/month creating an opportunity for $1,500/month in gross rental income which exceeds the 1% rule! Great opportunity for building your portfolio with massive cashflow or a house-hack for those starter investors looking to offset their mortgage payment using VA or FHA with little to

  

  Jordan Ray

  eXp Realty, LLC

  (901) 668-7641

  1535 Standridge St, Memphis, TN 38108
• Explore Memphis

• 

  

  

  /19

  $117,000

  • 3 Beds
  • 1 Bath
  • 992 Sq Ft

  2158 Pueblo Ave, Memphis, TN 38127

  Take advantage of powerful homebuyer programs that can make ownership more affordable than ever, including potential 0% down payment options & first-time buyer assistance through CCM Smart Start with up to $5,250 available as a grant that does not have to be repaid. Located in one of the quietest pockets of Frayser in 38127, this move-in ready 3-bedroom, 1-bath home offers just under 1,000 square

  

  Jordan Ray

  eXp Realty, LLC

  (901) 660-5595

  2158 Pueblo Ave, Memphis, TN 38127
• 

  

  

  /37

  $140,000

  • 4 Beds
  • 2 Baths
  • 1,300 Sq Ft

  1531 Standridge St, Memphis, TN 38108

  Turnkey move-in ready duplex for sale in 38108! Each side has 2 bed/1 bath units and can be rented as high as $750/month creating an opportunity for $1,500/month in gross rental income which exceeds the 1% rule! Great opportunity for building your portfolio with massive cashflow or a house-hack for those starter investors looking to offset their mortgage payment using VA or FHA with little to

  

  Jordan Ray

  eXp Realty, LLC

  (901) 899-1159

  1531 Standridge St, Memphis, TN 38108
• 

  

  

  /11

  $105,000

  • 3 Beds
  • 1 Bath
  • 1,000 Sq Ft

  1075 Kney St, Memphis, TN 38107

  This is a perfect starter home / Investment property. Home has been renovated and is move in ready! 3 bedrooms/1 bathroom. First month's rent waived!! Book a tour today!

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 582-7113

  1075 Kney St, Memphis, TN 38107
• 

  

  

  /34

  $149,900

  • 1 Bed
  • 1 Bath
  • 831 Sq Ft

  109 N Main St Unit 806, Memphis, TN 38103

  This eighth floor condo offers amazing views of the city. A brand new renovated kitchen, 2026. Plenty of space and hardwood floors. This historic building has a multitude of amenities, including an indoor pool, elevator access, and rooftop lounging with stunning views of the Memphis bridge and the city skyline.

  

  Chasity Blackburn

  Blackburn & Co

  (901) 617-4515

  109 N Main St Unit 806, Memphis, TN 38103
• 

  /2

  $65,000

  • 3 Beds
  • 1 Bath
  • 1,070 Sq Ft

  2938 Conti Cove, Memphis, TN 38127

  A great investment property to rehab. Great location in a quite cove. Make your best offer.

  

  Jo Mathes

  Pinnacle Realty

  (901) 445-7715

  2938 Conti Cove, Memphis, TN 38127
• 

  

  /21

  $130,000

  • 4 Beds
  • 2 Baths
  • 1,325 Sq Ft

  1461 Boxwood St, Memphis, TN 38108

  TENANT OCCUPIED 1 SIDE, DO NOT DISTURB TENANT AT 1461 BOXWOOD. Property is rented for $650/month & the lease is month-to-month. Cash tenant. Copy of the lease available upon request. No showings at 1461 Boxwood without an accepted contract. Make offers contingent on inspection. 1463 Boxwood is vacant and available for showings. Great opportunity for building your portfolio with massive cashflow

  

  Jordan Ray

  eXp Realty, LLC

  (901) 459-5312

  1461 Boxwood St, Memphis, TN 38108
• 

  

  /22

  $140,000

  • 2 Beds
  • 1.5 Baths
  • 1,150 Sq Ft

  1220 Chamberlain Dr Unit 4, Memphis, TN 38119

  Great Condo in East Memphis' Chatham Village, the upstairs flat has 2 bed/ 1.5 bath LR DR outdoor covered patio/deck. Convenient t to St Francis, Regalia Park Place This condo has new paint, new floors, an open kitchen, gated parking, is clean and ready to move in. Community laundry room on site for your use. Private covered patio for outdoor living just off the living room.

  

  Tonya McDowell

  The Stamps Real Estate Company

  (901) 250-8595

  1220 Chamberlain Dr Unit 4, Memphis, TN 38119
• 

  

  /13

  $64,800

  • 2 Beds
  • 1 Bath
  • 672 Sq Ft

  2152 S Hubert Cir, Memphis, TN 38108

  Priced for a quick sale! Check out this renovated 2 bedroom 1 bath home. Large corner lot, with detached storage building. Move in ready. Perfect for an owner occupant or investor.

  

  Walter Jones

  BEST Real Estate Company

  (901) 582-6901

  2152 S Hubert Cir, Memphis, TN 38108
• 

  

  /17

  $109,000

  • 4 Beds
  • 2 Baths
  • 1,100 Sq Ft

  1448 Menager Rd, Memphis, TN 38106

  This home has been renovated and has lots of space. Directly behind Hamilton High School. This property is great for a family or investor.

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 883-7341

  1448 Menager Rd, Memphis, TN 38106
• 

  

  /24

  $150,000

  • 4 Beds
  • 2 Baths
  • 1,872 Sq Ft

  1093 N Watkins St, Memphis, TN 38107

  SELLER WILL REPLACE ROOF! Spacious 4-bedroom, 2-bath home offering 1,872 square feet on a 0.22-acre lot in Memphis. This property features two large living areas, providing flexibility for entertaining, relaxing, or creating separate functional spaces. One living room includes a bar area that opens toward the kitchen, enhancing the layout and overall flow. Original hardwood floors add character

  

  Jordan Ray

  eXp Realty, LLC

  (901) 472-7123

  1093 N Watkins St, Memphis, TN 38107
• 

  

  /24

  $100,000

  • 3 Beds
  • 1 Bath
  • 948 Sq Ft

  686 Delta Rd, Memphis, TN 38109

  TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Property is rented for $795/month & the lease expires 4/30/2027. Cash tenant. Copy of the lease available upon request. No showings without an accepted contract. Make offers contingent on inspection. Being sold as a package along with 3432 Radford 38111, 5090 Belfast 38127, 686 Delta 38109, 782 Frayser 38127, 4401 Guildhall 38128, & 3651 N

  

  Jordan Ray

  eXp Realty, LLC

  (901) 660-9403

  686 Delta Rd, Memphis, TN 38109
• 

  

  /33

  $70,000

  • 2 Beds
  • 2 Baths
  • 1,140 Sq Ft

  3983 Grahamdale Cir Unit 3983A, Memphis, TN 38122

  Townhouse-style 2-BR, 2-BA condo in a convenient Memphis location offers a functional and inviting floorplan. Updates include new carpet and laminate flooring, providing a fresh interior feel. The kitchen features a pantry, breakfast bar that opens to the main living areas for everyday living and entertaining. The spacious great room includes a fireplace adding warmth and character. Outdoor r

  

  Sherry Harbur

  Harbur Realty

  (901) 267-5170

  3983 Grahamdale Cir Unit 3983A, Memphis, TN 38122
• 

  

  /39

  $54,500

  • 2 Beds
  • 1 Bath
  • 816 Sq Ft

  1965 Cloverdale Dr, Memphis, TN 38114

  AS IS Sale in a quiet neighborhood and established area. Great property for Investor or Owner Occupant with minor repairs, was just recently rented. Window Units and Appliances stay. NO Heat in place. Property is spacious with 2 bedrooms, 1 bath, Separate Living Room and Dining area, Spacious Kitchen. Seller will entertain all Reasonable Offers. NO Wholesalers and No Creative Financing. CASH

  

  Tara Woodley

  Zach Taylor Real Estate

  (901) 669-6791

  1965 Cloverdale Dr, Memphis, TN 38114
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  /31

  $138,901

  • 4 Beds
  • 2 Baths
  • 1,699 Sq Ft

  2150 Albany Ave, Memphis, TN 38108

  Property is now clean and cleared into a contractor's dream. **Investor Special, minimal work to be done for a great cashflow addition** Home has all the right elements: area, HVAC, newer roof, hardwood floors, brick home, two separate baths. 'Fix and hold' and 'Fix and Flip' financing available. Equal housing opportunity

  

  Pablo Pereyra

  901, REALTORS

  (901) 665-2803

  2150 Albany Ave, Memphis, TN 38108
• 

  

  /40

  $88,500

  • 4 Beds
  • 2.5 Baths
  • 1,854 Sq Ft

  3340 Kirby Trees Place Unit 18, Memphis, TN 38115

  Newly Renovated Condo located in East Memphis with 4 Bedrooms , 3 baths with an Office Space. Condo is Huge-almost 2000 sqft. Spacious Property is now rented for $1650 a month, One year lease of March 1st,2026. Property was Purchased in a Tax Sale. Title Insurance is available with a Risk Endorsement Policy through Saddle Creek Title. Seller prefers Cash Sale offers. ****Must Present a Valid

  

  Tara Woodley

  Zach Taylor Real Estate

  (901) 657-4342

  3340 Kirby Trees Place Unit 18, Memphis, TN 38115
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  /31

  $125,000

  • 2 Beds
  • 2 Baths
  • 959 Sq Ft

  232 S Highland St Unit 905, Memphis, TN 38111

  Remodeled condo! Fantastic location in a sought after building with a 24 hour security guard. A few upgrades include gorgeous plantation blinds, granite kitchen counters, premium soft close shaker style kitchen cabinets, new doors, new paint, a newly remodeled master bathroom and a walk in master bedroom closet. This low maintenance condo complex also offers a work out facility and pool. The

  

  Kendra Bell

  Crye-Leike, Inc., REALTORS

  (901) 267-5128

  232 S Highland St Unit 905, Memphis, TN 38111
• 

  

  /21

  $130,000

  • 2 Beds
  • 2 Baths
  • 1,050 Sq Ft

  2217 Clayton Ave, Memphis, TN 38108

  TENANT OCCUPIED 1 SIDE, DO NOT DISTURB TENANT AT 2219 CLAYTON. Property is rented for $550/month & the lease expires 2/28/2027. Cash tenant. Copy of the lease available upon request. No showings at 2219 Clayton without an accepted contract. Make offers contingent on inspection. 2217 Clayton is vacant and available for showings. Great opportunity for building your portfolio with massive cashflow

  

  Jordan Ray

  eXp Realty, LLC

  (901) 589-7067

  2217 Clayton Ave, Memphis, TN 38108
• 

  

  /36

  $110,000

  • 2 Beds
  • 2 Baths
  • 1,008 Sq Ft

  2253 Marble Ave, Memphis, TN 38108

  TENANT OCCUPIED 1 SIDE, DO NOT DISTURB TENANT AT 2253 MARBLE. Property is rented for $595/month & the ends May 31st, 2027. Cash tenant. Copy of the lease available upon request. No showings at 2253 Marble without an accepted contract. Make offers contingent on inspection. 2255 Marble is vacant and available for showings. Great opportunity for building your portfolio with massive cashflow or a

  

  Jordan Ray

  eXp Realty, LLC

  (901) 445-7087

  2253 Marble Ave, Memphis, TN 38108
• 

  

  /37

  $122,000

  • 1 Bed
  • 1 Bath
  • 944 Sq Ft

  475 N Highland St Unit 3H, Memphis, TN 38122

  AS IS SALE---Welcome to 475 N Highland St #3H in the heart of Memphis! This well-maintained unit offers the perfect blend of comfort, convenience, and low-maintenance living. Featuring a spacious layout with abundant natural light, this home is ideal for both homeowners and investors alike. Enjoy a bright and inviting living area, a functional kitchen with ample cabinet space, and generously

  

  Tara Woodley

  Zach Taylor Real Estate

  (901) 295-5044

  475 N Highland St Unit 3H, Memphis, TN 38122
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  /39

  $137,500

  • 2 Beds
  • 1.5 Baths
  • 1,322 Sq Ft

  6320 Kirby Downs Dr, Memphis, TN 38115

  Check out this Beautifully renovated Corner lot , 2-Bedroom, 1.5 bath, 2 Story home located in the highly sought after East Memphis area. This home features Living Room/ Dinning Room Combo, Eat in Kitchen , brand new appliances and a spacious great room with a cozy fireplace, perfect for entertaining. The laundry area is conveniently located upstairs, adding ease to everyday life and living.

  

  Tara Woodley

  Zach Taylor Real Estate

  (901) 657-3868

  6320 Kirby Downs Dr, Memphis, TN 38115
• 

  /2

  $95,000

  • 3 Beds
  • 2 Baths
  • 1,008 Sq Ft

  1541 Patton St, Memphis, TN 38106

  This home has been renovated and is move in ready! This would make a nice first time buyer home. Three bedrooms and two bathrooms.

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 669-3692

  1541 Patton St, Memphis, TN 38106
• 

  

  /13

  $149,999

  • 2 Beds
  • 1.5 Baths
  • 1,014 Sq Ft

  1898 Poplar Woods Cir E, Germantown, TN 38138

  Welcome home to this well-maintained, move-in ready townhouse in the heart of Germantown. Fresh interior paint and well-maintained carpet create a clean, inviting feel throughout. The functional floor plan features two spacious bedrooms upstairs, while the main level offers a convenient half bath and in-unit laundry for everyday ease. Ideally located near dining, shopping, and entertainment, this

  

  Rasheedah Jones

  Dreamteam Realty Co

  (901) 350-2256

  1898 Poplar Woods Cir E, Germantown, TN 38138
• 

  /2

  $100,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3553 Randolph St, Memphis, TN 38127

  Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $850/mo. Professionally managed. Lease expires on 12/31/25

  

  Caleb Hall

  Keller Williams

  (901) 763-6496

  3553 Randolph St, Memphis, TN 38127
• 

  /2

  $75,000

  • 2 Beds
  • 1 Bath
  • 1,000+ Sq Ft

  598 Orchard Ave, Memphis, TN 38127

  Buyer failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Now vacant as of 1/31/26. Professionally managed.

  

  Caleb Hall

  Keller Williams

  (901) 660-2613

  598 Orchard Ave, Memphis, TN 38127
• 

  /2

  $95,000

  • 3 Beds
  • 1 Bath
  • 1,325 Sq Ft

  3014 Spottswood Ave, Memphis, TN 38111

  TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Property is rented for $1,295/month & month-to-month. Cash tenant. Copy of the lease available upon request. No showings without an accepted contract. Make offers contingent on inspection. Being sold as a package along with 4432 Sunny View Dr 38127. The seller can sell the properties as a package or individually. Contact a local realtor and

  

  Jordan Ray

  eXp Realty, LLC

  (901) 665-3944

  3014 Spottswood Ave, Memphis, TN 38111
• 

  

  /39

  $76,000

  • 3 Beds
  • 2 Baths
  • 1,250 Sq Ft

  1297 Aubra Rd, Memphis, TN 38111

  AS IS Sale. This property is located in a great neighborhood and Hot Zip Code!!! Its perfect in the best condition to make it your Perfect Project!!! The flooring is very solid with Original hardwood flooing throughout. Seller is Motivated to sell and will Entertain all Reasonable offers! Please do your Due Diligence up front, since the property is vacant and no utilites are on. Seller prefers

  

  Tara Woodley

  Zach Taylor Real Estate

  (901) 660-8515

  1297 Aubra Rd, Memphis, TN 38111
• 

  /2

  $104,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3633 Early St, Memphis, TN 38127

  Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $725/mo. Professionally managed. Lease expires on 8/30/25

  

  Caleb Hall

  Keller Williams

  (901) 617-7953

  3633 Early St, Memphis, TN 38127
• 

  /2

  $115,710

  • 2 Beds
  • 1 Bath
  • 827 Sq Ft

  3323 Farmville Rd, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $775 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 627-3812

  3323 Farmville Rd, Memphis, TN 38122
• 

  

  /9

  $100,000

  • 3 Beds
  • 1 Bath
  • 1,024 Sq Ft

  3421 Piney Woods Ave, Memphis, TN 38118

  3 bedroom 1 bath home in East Whitehaven Park being sold as-is. 10 min from the Memphis internation Airport and FedEx. 15 min from Graceland. Solid bones, needs TLC.

  

  Jason Miller

  eXp Realty, LLC

  (901) 668-6751

  3421 Piney Woods Ave, Memphis, TN 38118
• 

  /2

  $93,500

  • 2 Beds
  • 1 Bath
  • 792 Sq Ft

  831 Alice Ave, Memphis, TN 38106

  Awesome investment property! Tenant occupied at $1175/month until July 31, 2026. Professionally managed by RJ Property Management. Lease and ledger are available upon request. Seller has another property for sale and will sell individually or as a package. The other address is 663 Lucy Ave. Both properties occupied. Do not disturb tenants. No viewings until accepted offer in place. NO seller

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  (901) 660-9423

  831 Alice Ave, Memphis, TN 38106
• 

  /2

  $134,330

  • 2 Beds
  • 1 Bath
  • 939 Sq Ft

  1710 Mcnair St, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $800 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 716-8058

  1710 Mcnair St, Memphis, TN 38108
• 

  /2

  $55,000

  • 2 Beds
  • 2 Baths
  • 1,000+ Sq Ft

  4721 Queens Lace Ct Unit 56, Memphis, TN 38118

  Back on the Market! This nice 2-bedroom, 2-bathroom condo offers a spacious and functional layout. The unit features an open living room and dining room area, kitchen, in-unit laundry, and ample natural light throughout. Both bedrooms are generously sized.

  

  Vashti Parson

  C21 Patterson & Assoc. Real Es

  (901) 673-8122

  4721 Queens Lace Ct Unit 56, Memphis, TN 38118
• 

  /2

  $89,000

  • 2 Beds
  • 1 Bath
  • 1,000+ Sq Ft

  3267 Millington Rd, Memphis, TN 38127

  Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $700/mo. Professionally managed. Lease expires on 9/20/25

  

  Caleb Hall

  Keller Williams

  (901) 446-3468

  3267 Millington Rd, Memphis, TN 38127
• 

  

  /14

  $140,000

  • 4 Beds
  • 2 Baths
  • 1,300 Sq Ft

  3736 W Donna Dr, Memphis, TN 37127

  Welcome home to this charming four bedroom two bath home with a unique floor plan and huge fenced in back yard for entertaining. Primary bedroom with a private bath, one bath in hallway. Home has been renovated!

  

  Leaser Coleman

  Empire Realty, LLC

  (629) 263-7576

  3736 W Donna Dr, Memphis, TN 37127
• 

  /2

  $143,640

  • 3 Beds
  • 1 Bath
  • 1,119 Sq Ft

  3803 Rhodes Ave, Memphis, TN 38111

  Renovated rental property with an active lease in place. Currently leased at $1,150 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 668-8878

  3803 Rhodes Ave, Memphis, TN 38111
• 

  /2

  $140,980

  • 2 Beds
  • 1 Bath
  • 1,018 Sq Ft

  4123 Ronnie Rd, Memphis, TN 38128

  Renovated rental property with an active lease in place. Currently leased at $975 with a lease expiration of 09/31/2026. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 675-6372

  4123 Ronnie Rd, Memphis, TN 38128
• 

  

  /14

  $112,500

  • 3 Beds
  • 1 Bath
  • 900 Sq Ft

  3290 Valley Stream Cove, Memphis, TN 38128

  Turnkey property exceeding the 1% rule! Very solid investment opportunity in 38128! This property features a 3 bed/1 bath with a 1-car garage which is rare for the location and drives tenant demand! Completely renovated in 2024 prior to tenant move-in! TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Property is rented for $1,150/month & the lease expires 1/1/2027. Section 8 tenant. Copy of

  

  Jordan Ray

  eXp Realty, LLC

  (901) 563-3598

  3290 Valley Stream Cove, Memphis, TN 38128
• 

  /2

  $140,980

  • 3 Beds
  • 2 Baths
  • 1,040 Sq Ft

  1755 Atlas St, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $750 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 668-7984

  1755 Atlas St, Memphis, TN 38108
• 

  /2

  $8,000

  • Land
  • 7,405 Sq Ft
  • $47,059 per Acre

  268 W Mckellar Ave, Memphis, TN 38109

  

  Tonya McDowell

  The Stamps Real Estate Company

  (901) 710-0604

  268 W Mckellar Ave, Memphis, TN 38109

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