1,236

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

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  • /3

    $84,900

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

    3509 Pine Ridge Ln, Memphis, TN 38118

    Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No blind offers and no wholesaler or assignment of contract offers will be accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    3509 Pine Ridge Ln, Memphis, TN 38118
  • /2

    $65,000

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

    1234 Smith Ave, Memphis, TN 38107

    Versatile duplex offering one bed/one bath per side, each with $500–$600 rent potential. Stay as a duplex or combine into one home. Perfect for savvy investors or DIY buyers! Ideal for investors seeking rental income or buyers looking to customize. Sold “as is”; All showings require 24–48-hour notice; do not disturb current tenants

    Camilla Moss KAIZEN Realty, LLC

    1234 Smith Ave, Memphis, TN 38107
  • /6

    $70,000

    • Land
    • 0.05 Acre
    • $1,400,000 per Acre

    2046 E York St, Memphis, TN 38104

    Great lot right in the heart of development. Close to restaurants and brewery. Get in on all the development going on in this area. Possible Owner Financing!

    Bruce Johnson mlsAssist

    2046 E York St, Memphis, TN 38104
  • /4

    $150,000

    • Land
    • 0.53 Acre
    • $283,019 per Acre

    4150 E Shelby Dr, Memphis, TN 38118

    Lot located on end of Damascus at Shelby Dr. Good frontage with natural drainage. Adjacent to an industrial office. Access to gas/water/elec. Owner would like to sell one, two or all three parcels together. Make us an offer.

    Jimmie Tapley Crye-Leike, Inc., REALTORS

    4150 E Shelby Dr, Memphis, TN 38118
  • /13

    $30,000

    • 4 Beds
    • 3 Baths
    • 1,942 Sq Ft

    1373 Mcmillan St, Memphis, TN 38106

    Matt Mitchell Reid, REALTORS

    1373 Mcmillan St, Memphis, TN 38106
  • /8

    $119,900

    • 3 Beds
    • 2 Baths
    • 1,241 Sq Ft

    6523 Wimble Rd, Memphis, TN 38134

    Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No blind offers and no wholesaler or assignment of contract offers will be accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    6523 Wimble Rd, Memphis, TN 38134
  • /21

    $120,000

    • 3 Beds
    • 1.5 Baths
    • 1,064 Sq Ft

    5387 Cedar Bluff Dr, Memphis, TN 38127

    Welcome to this move-in ready 3-bedroom, 1.5 bath home priced to sell. Enjoy a bright, practical floor plan and a large backyard ieeal for gatherings or pets. An affordable option that delivers both indoor comfort and outdoor space-don't miss this one!

    Randell Richmond eXp Realty, LLC

    5387 Cedar Bluff Dr, Memphis, TN 38127
  • /33

    $99,900

    • 4 Beds
    • 2 Baths
    • 1,519 Sq Ft

    1730 S Sutton Dr, Memphis, TN 38127

    This well-maintained 4-bedroom home features a single-level layout with all bedrooms located on the main floor. The interior includes a bright living area with ample natural light and a functional kitchen designed for everyday use. The rooms provide comfortable space for a variety of arrangements, and the flooring and finishes support easy maintenance. The exterior includes a spacious yard with

    Alexis Martz Trelora Realty

    1730 S Sutton Dr, Memphis, TN 38127
  • /18

    $90,000

    • 3 Beds
    • 2 Baths
    • 1,039 Sq Ft

    934 Alaska St, Memphis, TN 38107

    If you’re looking for modern living with city convenience, this refreshed 3 bed 2 bath home is worth a look. Inside, you will find fresh paint, new flooring, updated lighting, and a modern kitchen with new cabinetry and countertops. Both bathrooms have been renovated with clean, contemporary finishes, offering comfort and functionality. The practical layout provides generous living space, while

    Laurie Cooper Real Estate Agency

    934 Alaska St, Memphis, TN 38107
  • /3

    $12,000

    • 1 Bed
    • 1 Bath
    • 350 Sq Ft

    773 Alma St, Memphis, TN 38107

    Brick 1 bedroom 1 bath to be sold as a package with 775 alma St. No Wholesalers, No Seller Finance !

    Virgil Pryor Harris Realty Services

    773 Alma St, Memphis, TN 38107
  • /10

    $109,900

    • 2 Beds
    • 1 Bath
    • 902 Sq Ft

    952 Barbara Dr, Memphis, TN 38108

    Charming all-brick home that has been renovated and is move-in ready! The seller will install a brand-new stove and central heating & air conditioning before closing. Just minutes from midtown, Overton Park, shopping, dining, and easy access to the expressway. This one is a must-see! Please schedule showings through Broker Bay.

    Robert Stone Keller Williams

    952 Barbara Dr, Memphis, TN 38108
  • /4

    $68,000

    • 2 Beds
    • 1 Bath
    • 784 Sq Ft

    642 Lagrange Park Cove, Memphis, TN 38111

    INVESTORS ONLY! Tenant occupied property being marketed to investors. This can be a great addition to your rental portfolio. Property is Professionally managed by Mid South Home Rentals. Currently rented at $795/mo. ONLINE VIDEO AVAILABLE UPON REQUEST. No sign. PLEASE DO NOT APPROACH OR DISTURB TENANT. Make all offers contingent on an interior inspection. No wholesalers, no assignments, seller is

    Tyler Tapley Crye-Leike, Inc., REALTORS

    642 Lagrange Park Cove, Memphis, TN 38111
  • /20

    $77,000 Coming Soon

    • 2 Beds
    • 2 Baths

    103 Lucy Ave, Memphis, TN 38106

    "Investment opportunity! 2-bed, 2-bath house with long-term paying tenants. Also available as part of a 5-home package deal, all leased to a business serving the mentally challenged. All homes are on the same street next door to each other. 97, 103,111,119, and 123 Lucy Ave, plus some vacant lots for sale. Don't miss this unique chance!". Call for now before it's sold.

    larrian currie One Stop Global Realty

    103 Lucy Ave, Memphis, TN 38106
  • /2

    $24,500

    • Land
    • 0.18 Acre
    • $136,111 per Acre

    1040 Rozelle St, Memphis, TN 38114

    Opportunity to build your next investment property or home.

    Andre Pruitt TRG Real Estate Services, LLC

    1040 Rozelle St, Memphis, TN 38114
  • /25

    $89,900

    • 3 Beds
    • 1 Bath
    • 1,180 Sq Ft

    695 Harahan Rd, Memphis, TN 38109

    Welcome Home!!! A charming 3-bedroom, 1-bathroom residence with nearly 1,200 sq ft of living space. Ideal for first-time buyers or investors looking for value. Reach out to schedule your private showing.

    Devarrio Lakes Keller Williams

    695 Harahan Rd, Memphis, TN 38109
  • /2

    $10,000

    • Land
    • 0.13 Acre
    • $76,923 per Acre

    2691 Byrd Ave, Memphis, TN 38114

    Raw land, perfect for development, low traffic residential area. Come build your dream home! Lot of possibilities. Owner is also 1882 Mitchell. Property is being offered at a good price and is on a quiet street. Could be a great long term hold. Property was previously bought at a tax sale, title insurance may be difficult to obtain (you can make offer contingent on obtaining title insurance).

    Tyler Tapley Crye-Leike, Inc., REALTORS

    2691 Byrd Ave, Memphis, TN 38114
  • /2

    $12,000

    • Land
    • 0.36 Acre
    • $33,333 per Acre

    208 E Biscayne Rd, Memphis, TN 38109

    Great opportunity to build or invest in South Memphis! Level lot in a quiet neighborhood, just minutes from I-55 and downtown. Convenient to schools, parks, and local amenities. Perfect for a new build, rental, or long-term hold.

    Joshua Moss KAIZEN Realty, LLC

    208 E Biscayne Rd, Memphis, TN 38109
  • /15

    $152,000

    • 3 Beds
    • 1 Bath
    • 1,430 Sq Ft

    814 Colonial Rd, Memphis, TN 38117

    Great Investor Opportunity! Selling As-Is and Needs some TLC! Cash buyers only.

    Elizabeth Hendricks Groome & Co.

    814 Colonial Rd, Memphis, TN 38117
  • /2

    $69,000

    • 4 Beds
    • 1 Bath
    • 1,123 Sq Ft

    1276 Saxon Ave, Memphis, TN 38106

    *** OPPORTUNITY In Memphis !!** This 4-bedroom, 1-bath home offers excellent POTENTIAL. With a functional layout and a manageable footprint. Partially renovated with a great opportunity to make this home more personal. It is ideal, as well for a fantastic investment opportunity. Located in a convenient area near amenities and major highways. Don't miss out on adding this gem to your portfolio.

    Tina Dugan Keller Williams

    1276 Saxon Ave, Memphis, TN 38106
  • /2

    $19,900

    • Land
    • 0.63 Acre
    • $31,587 per Acre

    3536 Winston Dr, Memphis, TN 38127

    Great lot for new construction. This lot is leveled with street access

    Crystal Mitchell Renshaw Company, REALTORS

    3536 Winston Dr, Memphis, TN 38127
  • /18

    $114,900

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

    4625 White Fox St, Memphis, TN 38109

    Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No blind offers and no wholesaler or assignment of contract offers will be accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    4625 White Fox St, Memphis, TN 38109
  • /2

    $7,000

    • Land
    • 0.07 Acre
    • $100,000 per Acre

    598 Arrington Ave, Memphis, TN 38107

    Great lot for new construction. This lot is leveled with street access and curb cut

    Crystal Mitchell Renshaw Company, REALTORS

    598 Arrington Ave, Memphis, TN 38107
  • /40

    $133,800

    • 2 Beds
    • 2 Baths
    • 1,200+ Sq Ft

    232 S Highland St Unit 608, Memphis, TN 38111

    "The Edinborough" is the lifestyle that you want to live in the heart of Memphis with a 24/7 Doorman. ( 3% closing costs help w/ a full price offer)This exclusive 2 bedroom, 2 bath condominium has a 6th floor corner view of the swimming pool. Close to White Station Schools & The University of Memphis. Lots of countertop & cabinet space in kitchen. New hot water heater, new floor in dr, new

    Robert Farris Crye-Leike, Inc., REALTORS

    232 S Highland St Unit 608, Memphis, TN 38111
  • /10

    $99,000

    • 3 Beds
    • 1 Bath
    • 1,021 Sq Ft

    493 Tonawanda Cove, Memphis, TN 38109

    This great investor opportunity is located in a quiet cove in the Westwood area. The vacant 3-bedroom, 1-bath home will be sold AS-IS. The unit will need a little TLC to get it into market shape but the detached "double" garage that is over 644 square feet is something to see.

    James Johnson Crestcore Realty, LLC

    493 Tonawanda Cove, Memphis, TN 38109
  • /2

    $5,000

    • Land
    • 0.06 Acre
    • $83,333 per Acre

    1421 College St, Memphis, TN 38106

    Live in the heartbeat of Memphis: music, culture, and history at every corner. Don't miss out on the chance to make history in south Memphis! Wow what a great opportunity. pc# 014037 00042 Just miles away: Mississippi Boulevard Christian Church + Meharry Medical College launch a $310M Midtown makeover—big growth is coming!

    Karen Walker Epique Realty

    1421 College St, Memphis, TN 38106
  • /2

    $130,000

    • 4 Beds
    • 1.5 Baths
    • 1,160 Sq Ft

    4826 Leonard Rd, Memphis, TN 38109

    PROPERTY BEING SOLD WITH NO INTERIOR ACCESS PRIOR TO CLOSE**DO NOT TRESSPASS OR CONTACT OCCUPANTS**House is being sold AS-IS thru Auction Means~~4 bedroom 1.5 Baths, with Single carport.

    Scott Housewirth Crye-Leike Inc., REALTORS

    4826 Leonard Rd, Memphis, TN 38109
  • /7

    $110,000

    • 3 Beds
    • 1 Bath
    • 1,174 Sq Ft

    1137 Kney St, Memphis, TN 38107

    This well-maintained 3-bedroom, 1-bath home is a solid rental property with consistent income. The current tenant has a strong history of on-time payments, providing reliable cash flow. Inside, the home is clean and cared for, with no major maintenance issues. The exterior and yard are also kept in good condition, reflecting pride of occupancy. This property is an excellent turnkey investment

    Kendrick Garcia Fast Track Realty, LLC

    1137 Kney St, Memphis, TN 38107
  • /13

    $89,000

    • 2 Beds
    • 1 Bath
    • 819 Sq Ft

    1863 Marjorie St, Memphis, TN 38106

    Great 2 bed, 1 bath property available! Will rent for $1136 MHA. AC Unit installed 2025, Heater installed 2024. Do not miss out on this one!

    Marissa Miller The Stamps Real Estate Company

    1863 Marjorie St, Memphis, TN 38106
  • /31

    $109,900

    • 3 Beds
    • 1 Bath
    • 983 Sq Ft

    5573 Millbranch Rd, Memphis, TN 38116

    This cute all brick ranch-style home features 3 bedrooms, 1 full bath, a carport with a storage closet. Boasting great bones and endless potential. Great for an investor or first time home buyer. Nice spacious backyard.

    Alexis Martz Trelora Realty

    5573 Millbranch Rd, Memphis, TN 38116
  • /11

    $120,000

    • 2 Beds
    • 1 Bath
    • 1,043 Sq Ft

    3580 Allandale Ln, Memphis, TN 38111

    REDUCED!!! Move in ready!!! Cute cottage home in sought after Sherwood Forest Subdivision. Great for first time homebuyer. Down Payment assistance may be available with local lenders. Recent interior paint and new laminate floor installed in bedroom. Close to schools, and interstate. Large fenced in back yard. Cute cottage home for first time homebuyer or investor. Lovely Sherwood Forest Walking

    Toni Withers Stewart Crye-Leike, Inc., REALTORS

    3580 Allandale Ln, Memphis, TN 38111
  • /7

    $145,000 New Construction

    • 3 Beds
    • 2 Baths
    • 1,195 Sq Ft

    3644 Sunrise St, Memphis, TN 38127

    Brand-new construction with tons of potential! This beautiful 3-bedroom, 2-bath home is approximately 90% complete and ready for your personal touch. Enjoy an open floor plan with great natural light and a spacious layout designed for comfortable living. Finish the final details exactly the way you like , flooring, fixtures, and paint, and make it your dream home. Conveniently located near parks,

    Patricia Padial KAIZEN Realty, LLC

    3644 Sunrise St, Memphis, TN 38127
  • /2

    $8,000

    • Land
    • 0.1 Acre
    • $80,000 per Acre

    1058 Patton St, Memphis, TN 38106

    A nice lot across the street from a park and community center. Nearby amenities include gas, restaurants and more. Zoning allows for a mix of housing types, including single-family, two-family, and multi-family dwellings. A great opportunity to build an investment property. This property is being sold individually or as a bundle with four other properties. (379 E Trigg Ave, Memphis, TN 38106,

    Rueben Rodocker Home Boss Realty

    1058 Patton St, Memphis, TN 38106
  • /2

    $12,500

    • Land
    • 0.17 Acre
    • $73,529 per Acre

    670 E Alston Ave, Memphis, TN 38126

    Prime land opportunity! Discover the perfect spot for your next project! This spacious lot offers endless possibilities | whether you're looking to build your dream home, invest, or develop. Located in a desirable area with easy access to amenities, this is a rare opportunity you don't want to miss! Contact us today for details! Owner / Agent

    James Wachob Foundation Property Management

    670 E Alston Ave, Memphis, TN 38126
  • /9

    $115,000

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

    4218 Wagon Wheel Dr, Memphis, TN 38127

    INVESTORS ONLY! This 3bed 2bath home is tenant occupied and currently being rented at $1100/mo. This is a great investment property to add to any portfolio. It was built in 1990! Many homes in this area are being rehabbed and sold for a lot of money. ONLINE VIDEO AVALIBLE UPON REQUEST. Home is professionally managed (lease, ledger, and repair history available upon request). No Creative Or

    Tyler Tapley Crye-Leike, Inc., REALTORS

    4218 Wagon Wheel Dr, Memphis, TN 38127
  • /15

    $119,900

    • 3 Beds
    • 1.5 Baths
    • 1,200+ Sq Ft

    3270 Frayser View Dr, Memphis, TN 38127

    LOOKING FOR A NICE 3 BEDROOM HOME IN THE FRAYSER AREA? THIS MAY BE AN OPTION. THIS PROPERTY HAS SPACIOUS INTERIOR, AND CLOSE TO BUS LINE ,ENTERTAINMENT,GAS, HIGHWAY AND INTERSTATE ACCESS IS A FEW MINUTES AWAY.

    Juan Brooks Process Realty Services

    3270 Frayser View Dr, Memphis, TN 38127
  • /23

    $124,000

    • 3 Beds
    • 2 Baths
    • 1,705 Sq Ft

    3158 Ford Rd, Memphis, TN 38109

    Solid brick 3-bedroom, 2-bath home with great bones and a spacious layout. Sitting beautifully on a private, level lot with a large backyard perfect for outdoor living with a covered patio ready for gatherings or quiet evenings. Inside you’ll find a functional floor plan with room to personalize and update to your style. Whether you're a first-time buyer looking to build equity or an investor

    Elliot Cerezo The Home Partners Realty

    3158 Ford Rd, Memphis, TN 38109
  • /5

    $65,000

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft

    2768 Burns Ave, Memphis, TN 38114

    Investment opportunity. Seller is liquidating her portfolio. Tenant occupied. Please do not disturb tenants. All appts will be made thru the agent. 2 bdrm & 1 Bthrm home with lots of potential. Long term Tenant has been paying $600. a month. She's also selling 2764 Burns Ave. & 2481 Kimball Ave. She will possible offer a package deal. Please call me for more details.

    Francyetta Seward C21 Patterson & Assoc. Real Es

    2768 Burns Ave, Memphis, TN 38114
  • /3

    $25,000

    • Land
    • 0.17 Acre
    • $147,059 per Acre

    538 King Rd, Memphis, TN 38109

    A great lot in an up and coming area! Foundation from old building still on lot for easy building! Drive out anytime!

    Amy Patterson Crye-Leike, Inc., REALTORS

    538 King Rd, Memphis, TN 38109
  • /9

    $83,000

    • 3 Beds
    • 1 Bath
    • 1,158 Sq Ft

    3110 Sunrise St, Memphis, TN 38127

    Great property to add to your portfolio-clean, 3 bed, 1 bath. Property is vacant. Solid surface flooring throughout. Large Kitchen w/washer & dryer outlets. Market rent $1100.

    Thomas Blanche Northpoint Asset Management, L

    3110 Sunrise St, Memphis, TN 38127
  • /4

    $8,000

    • Land
    • 0.6 Acre
    • $13,333 per Acre

    0 Niese St, Memphis, TN 38106

    Over half an acre lot with all the utilities situated behind the Original Colletta's Italian Restaurant in a residential area. Seller will consider Owner Financing. No appointment needed, can view at any time.

    Sonja Tulacz Crye-Leike, Inc., REALTORS

    0 Niese St, Memphis, TN 38106

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