1,263

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

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  • /2

    $70,000

    • 2 Beds
    • 1 Bath
    • 991 Sq Ft

    2481 Browning Ave, Memphis, TN 38114

    Turnkey 2-bed/1-bath single-family home in 38114, currently tenant-occupied and delivering steady income. Current tenant pays 2 months in advance. Recent improvements include a Professionally managed for hands-off ownership, this property provides immediate returns with long-term upside.

    James Harvey Jr Keller Williams

    2481 Browning Ave, Memphis, TN 38114
  • /2

    $35,000

    • Land
    • 0.12 Acre
    • $291,667 per Acre

    1608 Netherwood Ave, Memphis, TN 38106

    Vacant lot in the Glenview neighborhood. Flat lot and ready to build on. Utilities service from rear of lot. R-6 (H) zoning. Two other lots in the neighborhood also listed.

    Rob Thompson Bluff City Realty Group, LLC

    1608 Netherwood Ave, Memphis, TN 38106
  • /2

    $5,500

    • Land
    • 0.17 Acre
    • $32,353 per Acre

    1271 College St, Memphis, TN 38106

    Vacant lot can be viewed anytime. Cleared and ready to build on. The lot can be sold individually or together with 1271 College St, 925 Fold Pl, 1079 Orleans, 1087 Orleans, 1089 Orleans, 1105 Orleans and 0 Azalia St for additional purchase.

    Pam Beall Crye-Leike, Inc., REALTORS

    1271 College St, Memphis, TN 38106
  • /2

    $109,150

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    3696 Parfet Cove, Memphis, TN 38128

    Welcome to 3696 Parfet Cove. This charming 3-bedroom, 1-bathroom home presents a solid investment opportunity. Located on a quiet cove, the property features a functional layout, low-maintenance design, and strong rental appeal. With a stable tenant in place and consistent cash flow, this is a turnkey addition to any investment portfolio. TENANTED PROPERTY – DO NOT APPROACH OR DISTURB TENANTS. No

    James Wachob Foundation Property Management

    3696 Parfet Cove, Memphis, TN 38128
  • /2

    $5,000

    • Land
    • 0.07 Acre
    • $71,429 per Acre

    0 S 3rd St, Memphis, TN 38103

    Commercial Lot/Land available, great business opportunity.

    Jeff Goff Keller Williams

    0 S 3rd St, Memphis, TN 38103
  • /9

    $140,000

    • 3 Beds
    • 1 Bath
    • 1,200+ Sq Ft

    1992 Driftwood Ave, Memphis, TN 38127

    Great Investment Opportunity! This fully rehabbed 3-bedroom, 2-bath home is already tenant-occupied, making it an excellent turnkey investment. Property tours are available only with an accepted offer. Don’t miss out on this income-producing opportunity! Do not disturb tenant

    Erika Dean Agba Crye-Leike, Inc., REALTORS

    1992 Driftwood Ave, Memphis, TN 38127
  • /2

    $85,000

    • 4 Beds
    • 2 Baths
    • 1,360 Sq Ft

    489 Orchard Ave, Memphis, TN 38127

    Property is tenant occupied. DO NOT DISTURB TENANT. Fantastic addition to an investment portfolio.

    Ashleigh Lovan Keller Williams

    489 Orchard Ave, Memphis, TN 38127
  • /2

    $78,800

    • Land
    • 0.17 Acre
    • $463,529 per Acre

    1056 Roland St, Memphis, TN 38114

    3 - 50 x 150 Vacant Home Lots - 1056, 1060 and 1064 Roland Street. Ready to build. Seller is a licensed Real Estate Agent

    Chris Garland Crye-Leike, Inc., REALTORS

    1056 Roland St, Memphis, TN 38114
  • /2

    $90,000

    • Land
    • 0.25 Acre
    • $360,000 per Acre

    4539 Weaver Rd SW, Memphis, TN 38109

    TWO (2) PARCELS....OVER 12 ACRES..... GREAT LOCATION FOR BUILDING NEW AFFORDAABLE HOUSING IN SOUTHWEST SHELBY COUNTYT..... EXCELLENT FRONTAGE!!! PRICE REDUCED!!!

    Georgia Torrance Torrance Real Estate

    4539 Weaver Rd SW, Memphis, TN 38109
  • /26

    $65,000

    • 1 Bed
    • 1 Bath
    • 870 Sq Ft

    1960 N Parkway Unit 411, Memphis, TN 38112

    A Beautifully maintained 1-bedroom, 1-bath condo HVAC and heat 2024 (HOA Care) water heater 2024 , nestled in the heart of Memphis’ desirable Evergreen Historic District. This top-floor unit offers abundant natural light, hardwood floors, and vintage charm with modern updates. Enjoy a spacious living area, a cozy bedroom retreat, and a well-appointed kitchen perfect for everyday living. Located

    Suliman Hazama KAIZEN Realty, LLC

    1960 N Parkway Unit 411, Memphis, TN 38112
  • /18

    $89,900

    • 3 Beds
    • 1 Bath
    • 1,255 Sq Ft

    3507 Kimball Ave, Memphis, TN 38111

    Three-bedroom one bath home, recent replaced exterior siding, floor plan has living room, den, kitchen, 3 bedrooms (one does not have closet). Property has exterior security doors, Great starter home or investment property.

    Ed Engelke United Real Estate Mid South

    3507 Kimball Ave, Memphis, TN 38111
  • /7

    $107,900

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    4857 Shayne Ln, Memphis, TN 38109

    Welcome to 4857 Shayne Ln, Memphis, Tennessee 38109! This versatile 3-bedroom, 1-bath home offers a great opportunity for both investors and homeowners. Featuring stylish LVP floors throughout, a spacious living area, and a modern kitchen with sleek white shaker cabinets, it’s a perfect blend of comfort and functionality. Central heating and air ensure year-round comfort, and the large fenced

    James Wachob Foundation Property Management

    4857 Shayne Ln, Memphis, TN 38109
  • /9

    $20,000

    • 3 Beds
    • 1.5 Baths
    • 1,056 Sq Ft

    3072 Saint Croix Place Unit 91, Memphis, TN 38127

    Investor special! This 3 bed, 1.5 bath townhouse is being sold AS-IS and is perfect for those looking to renovate and add value. Some remodeling has already been started, giving you a head start on the transformation. Property needs work and is not move-in ready—ideal for cash buyers only. With the right vision and updates, this home has great potential. Don’t miss this opportunity to bring it

    LaKendrea Hall Epique Realty

    3072 Saint Croix Place Unit 91, Memphis, TN 38127
  • /27

    $68,500

    • 1 Bed
    • 1 Bath
    • 600+ Sq Ft

    232 S Highland St Unit 109, Memphis, TN 38111

    First floor flat with lots of natural light, updated floors ,new carpet and walk in closet. Convenient to Midtown, East Memphis, and I-40; walking distance to University of Memphis. Secure building features gated parking, pool, exercise room, and party room with full kitchen. Priced to sell, and very easy to show.

    Linda Sowell Sowell, Realtors

    232 S Highland St Unit 109, Memphis, TN 38111
  • /12

    $130,000

    • 2 Beds
    • 1.5 Baths
    • 1,404 Sq Ft

    779 Chatwood Cove, Memphis, TN 38122

    Conveniently located duplex with two 2-bedroom, 1.5-bath units, both currently occupied. Great investment opportunity! Combined or individual offers on the units are welcome.

    John Quinn REMAX Experts

    779 Chatwood Cove, Memphis, TN 38122
  • /7

    $110,000

    • 3 Beds
    • 1 Bath
    • 1,038 Sq Ft

    3825 Range Line Rd, Memphis, TN 38127

    Very nicely updated home on corner lot with large fenced back yard. Great starter home or a perfect house for retirement. Freshly painted inside with new wood flooring in living room/dining room, and new carpet in all bedrooms. New refrigerator and dishwasher in kitchen. New ceiling fans and light fixtures throughout. Call with questions or for an appointment today.

    Larry Alexander REMAX Experts

    3825 Range Line Rd, Memphis, TN 38127
  • /2

    $20,000

    • Land
    • 0.38 Acre
    • $52,632 per Acre

    0 Linwood Rd, Memphis, TN 38116

    Michelle Shelton The Peyton Co., Inc., REALTORS

    0 Linwood Rd, Memphis, TN 38116
  • /2

    $5,000

    • Land
    • 0.11 Acre
    • $45,455 per Acre

    1342 Latham St, Memphis, TN 38106

    Richard Tatum C21 Patterson & Assoc. Real Es

    1342 Latham St, Memphis, TN 38106
  • /23

    $139,500

    • 3 Beds
    • 1 Bath
    • 1,441 Sq Ft

    3219 Nathan Ave, Memphis, TN 38112

    Great home in great location! This property was fully rehabbed in 2023 and these pictures are from the most recent rent ready. This property is currently rented for $1,395 and is cash flowing from day 1. This is priced at the 1% rent to price and will be an excellent addition for the savvy investor and also equity locked in at purchase. No showings without accepted offer and please do not disturb

    Stephen Akindona Kairos Realty

    3219 Nathan Ave, Memphis, TN 38112
  • /13

    $126,000

    • 3 Beds
    • 1 Bath
    • 1,030 Sq Ft

    901 Chesterton Dr, Memphis, TN 38127

    Beautifully updated 3BR/1BA home at 901 Chesterton Rd—currently tenant-occupied and producing rental income. Recent updates include exterior paint; repaired siding, soffit, fascia, porch, and concrete; new exterior lighting; fenced backyard; and refreshed landscaping with new plants and mulch. Interior improvements feature new flooring, drywall and ceiling repairs, fresh paint throughout, updated

    James Wachob Foundation Property Management

    901 Chesterton Dr, Memphis, TN 38127
  • /7

    $125,000

    • 4 Beds
    • 2 Baths
    • 1,263 Sq Ft

    1902 Farrington St, Memphis, TN 38109

    INVESTORS ONLY! Tenant occupied 4 bed 2 bath home. Currently rented at $1550/mo. This could be a great addition to your rental portfolio. Seller also selling 1902 Farrington and 905 Annie (Can buy individually or in bulk). No sign in the yard. Please do not disturb or approach the tenant. Professionally managed. No Creative Or Owner Financed Offers. No Wholesale Or Assignment.

    Tyler Tapley Crye-Leike, Inc., REALTORS

    1902 Farrington St, Memphis, TN 38109
  • /3

    $120,000

    • 4 Beds
    • 1.5 Baths
    • 1,234 Sq Ft

    599 Blackhawk Rd, Memphis, TN 38109

    INVESTERS ONLY. Tenant occupied 4 bed 1.5 bath home. Rent is $1177/mo. Professionally managed. This is a great investment property to add to any portfolio. Lease and ledger available upon request. No Creative or Owner Financed Offers. No Wholesale or Assignment. No sign in the yard. Please do not disturb or approach the tenant. Seller also selling 599 Blackhawk, 4394 Janssen, 4973 Longtree, 4395

    Tyler Tapley Crye-Leike, Inc., REALTORS

    599 Blackhawk Rd, Memphis, TN 38109
  • /11

    $93,000

    • 4 Beds
    • 2 Baths
    • 2,342 Sq Ft

    1534 E Raines Rd, Memphis, TN 38116

    Austin Rowe Onward Real Estate

    1534 E Raines Rd, Memphis, TN 38116
  • /2

    $60,000

    • 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
  • /13

    $69,000

    • 2 Beds
    • 1 Bath
    • 783 Sq Ft

    2681 Dunn Ave, Memphis, TN 38114

    Low Maintenance Home with Hardwood Floors and Tile ~ Vinyl Siding ~ Open Kitchen ~ Tiled Shower Walls~ Large Backyard ~ Ideal for First Time Home Buyer or Investment Property~ Rent Range $795

    Taj Schuerman Keller Williams Realty

    2681 Dunn Ave, Memphis, TN 38114
  • /6

    $60,000

    • Land
    • 0.05 Acre
    • $1,200,000 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
  • /19

    $125,000

    • 6 Beds
    • 4 Baths
    • 2,550 Sq Ft

    1864 Driftwood Ave, Memphis, TN 38127

    Wonderful home in Frayser on a great street! 6 bedrooms (2 up) and 4 full bathrooms! Large deck out back, wood fenced, recently updated. Stop by and see this beautiful home before it's gone! Now showing! More pictures coming soon

    Zach Thomas Sell901 Real Estate

    1864 Driftwood Ave, Memphis, TN 38127
  • /13

    $29,000

    • 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
  • /32

    $89,900

    • 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
  • /21

    $59,000

    • 2 Beds
    • 1.5 Baths
    • 1,560 Sq Ft

    2109 Wooden Heart Ct, Memphis, TN 38116

    Well-maintained 2-bedroom, 1.5-bath townhome in a convenient location close to shopping, dining, and major routes. Features include a cozy fireplace, covered carport, and functional layout with comfortable living space. Ideal for owner-occupants or investors. Priced to sell—don't miss this opportunity for an easy, low-maintenance property.

    Kristy Trewhitt Keller Williams - Athens

    2109 Wooden Heart Ct, Memphis, TN 38116
  • /18

    $89,000

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

    934 Alaska St, Memphis, TN 38107

    This property qualifies for City of Memphis Down Payment Assistance. 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

    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
  • /4

    $60,000

    • 2 Beds
    • 1 Bath
    • 784 Sq Ft

    642 Lagrange Park Cove, Memphis, TN 38111

    INVESTORS ONLY! Great price on this property in 38111 that is near the University of Memphis! Tenant occupied property being marketed to investors only. 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. Nice, long

    Tyler Tapley Crye-Leike, Inc., REALTORS

    642 Lagrange Park Cove, Memphis, TN 38111
  • /2

    $22,000

    • Land
    • 0.18 Acre
    • $122,222 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
  • /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
  • /5

    $100,000

    • 3 Beds
    • 2 Baths
    • 984 Sq Ft

    1353 Gill Ave, Memphis, TN 38106

    There is additional home on the property with 1bed/1bath kitchenette and living room.

    Donita Ingram-Brim Doorstep Realty

    1353 Gill Ave, Memphis, TN 38106
  • /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

Showing Results 361 - 400, Page 10 of 18

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