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

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  /2

  $98,000

  • 2 Beds
  • 1 Bath
  • 886 Sq Ft

  2775 Windsor Pkwy, Memphis, TN 38127

  Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1 baths. Currently renting for $1,450 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over

  Harry Samuels Pinnacle Realty

  2775 Windsor Pkwy, Memphis, TN 38127
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  /12

  $79,900

  • 3 Beds
  • 1 Bath
  • 1,096 Sq Ft

  2701 Frayser Blvd, Memphis, TN 38127

  3bed 1bath home that is priced to sell. Home is being sold AS-IS. It was previously rehabbed and needs minor repairs, but could be worth a lot of money (over $100k once rehabbed). There are several updates already done including: several new windows throughout, new kitchen counter tops, new kitchen cabinets, title backsplash, new vent-a-hood, new vinyl plank flooring, and an updated bathroom.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2701 Frayser Blvd, Memphis, TN 38127
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  /2

  $60,000

  • Land
  • 7,405 Sq Ft
  • $352,941 per Acre

  1417 Court Ave, Memphis, TN 38104

  Great opportunity to build or invest on this spacious lot in a convenient Memphis location. Existing home on the property is not livable and is being sold as-is, where-is, with no value given to the structure. Ideal for new construction, redevelopment, or a tear-down project. Utilities already available on site, offering added value for your future plans. Excellent potential for builders,

  Crystal Mitchell Renshaw Company, REALTORS

  1417 Court Ave, Memphis, TN 38104
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  /13

  $120,000

  • 4 Beds
  • 2 Baths
  • 1,260 Sq Ft

  560 W Peebles Rd, Memphis, TN 38109

  Really nice 4bed 2bath home. Home has brand new kitchen (new kitchen counter tops, new sink, new tile, new cabinets) Tons of space for buyers. Brick and stone exterior with a nice front porch. Another awesome bonus---This home qualifies for special 100% financing for owner occupant buyers! FHA/VA/ Conventional offers welcome! Seller also selling 2229 Zanone, 2442 Manchester, and 2701 Frayser, and

  Tyler Tapley Crye-Leike, Inc., REALTORS

  560 W Peebles Rd, Memphis, TN 38109
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  /3

  $100,000

  • 2 Beds
  • 1 Bath
  • 1,108 Sq Ft

  3533 Douglass Ave, Memphis, TN 38111

  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

  3533 Douglass Ave, Memphis, TN 38111
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  /8

  $105,000

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

  4826 Leonard Rd, Memphis, TN 38109

  4 bedroom 1.5 Bath Home~~with No Maintenance exterior and Single carport~~ Central HVAC~~Luxury Vinyl Thru-out~~This property is eligible to Owner Occupants only under the First Look Initiative for first 30 days

  Scott Housewirth Crye-Leike Inc., REALTORS

  4826 Leonard Rd, Memphis, TN 38109
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  /19

  $99,900

  • 4 Beds
  • 2.5 Baths
  • 1,604 Sq Ft

  900 W Shelby Dr, Memphis, TN 38109

  Well-maintained 4BR/2.5BA brick ranch on a level corner lot in Westwood Downs. Features over 1,600 sq. ft. of living space including a formal living room, den with brick parquet flooring, and a private primary suite. Exterior highlights include a 2-car carport and a fenced backyard with a patio. Conveniently located near I-55 and local amenities.

  Alexis Martz Trelora Realty

  900 W Shelby Dr, Memphis, TN 38109
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  /13

  $90,000

  • 3 Beds
  • 1 Bath
  • 1,061 Sq Ft

  2028 Amity Ave, Memphis, TN 38108

  This property is almost completely renovated. Seller has already completed, new plumbing, new electrical, new roof, new floor, freshly painted, new cabinets. Schedule your tour today. This can be your next cash cow.

  Keino Spring Harris & Harris Realty Group

  2028 Amity Ave, Memphis, TN 38108
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  /8

  $97,000

  • 2 Beds
  • 1 Bath
  • 826 Sq Ft

  2119 Pendleton St, Memphis, TN 38114

  INVESTOR SPECIAL! Tenant-occupied and producing $865/month. Professionally managed. Fully renovated in 2022 with key mechanicals replaced, plus 2025 updates before current tenant move-in. Lease active until 8/31/26. Reports available. Showings only after accepted offer. No wholesale or creative terms.

  Jeremy Veldman KAIZEN Realty, LLC

  2119 Pendleton St, Memphis, TN 38114
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  /2

  $90,000

  • 2 Beds
  • 1 Bath
  • 640 Sq Ft

  3679 Victory Heights Ln S, Memphis, TN 38118

  INVESTORS: LOOK NO FURTHER! Long term tenant. This is part of an eight home package (1641 Graham; 1658, 1662 and 1674 Sailors; 3822, 3679, 3685, 3671 Victory Heights). Units may be sold individually. Unit is occupied at $900.00 per month. Priced to SELL!!!!!

  Frank Colvett REMAX Experts

  3679 Victory Heights Ln S, Memphis, TN 38118
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  /2

  $8,000

  • Land
  • 1,742 Sq Ft
  • $200,000 per Acre

  783 Mississippi Blvd, Memphis, TN 38126

  Portfolio List Price: $185,000 Rare opportunity to acquire a portfolio of infill land parcels across established and growing Memphis neighborhoods, ideal for new construction, build-to-rent communities, or long-term investment. Several parcels are clustered, allowing for scalable or phased development strategies in areas experiencing continued revitalization and strong rental demand. Portfolio

  Austin Rowe Onward Real Estate

  783 Mississippi Blvd, Memphis, TN 38126
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  /32

  $114,900

  • 1 Bed
  • 1 Bath
  • 846 Sq Ft

  437 Monroe Ave Unit 105, Memphis, TN 38103

  One story contemporary condo with open floor plan and high ceilings. One covered parking space and one uncovered, as well as on street parking. There is a large secured storage space included. Conveniently located to downtown and the medical district. Walkable to restaurants and AutoZone Park. Don't miss this opportunity!

  Linda Sowell Sowell, Realtors

  437 Monroe Ave Unit 105, Memphis, TN 38103
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  /31

  $74,900

  • 2 Beds
  • 1 Bath
  • 904 Sq Ft

  1068 Mount Vernon Rd, Memphis, TN 38111

  Charming single-family ranch offering 2 bedrooms and 1 bath with a functional, single-level layout. The home features generously sized bedrooms, ample natural light, and a spacious living area ideal for everyday living and entertaining. Enjoy a large backyard with plenty of room for outdoor activities, gardening, or future expansion. Conveniently located and full of potential—this home is a great

  Alexis Martz Trelora Realty

  1068 Mount Vernon Rd, Memphis, TN 38111
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  /33

  $99,900

  • 2 Beds
  • 1 Bath
  • 920 Sq Ft

  4278 Leatherwood Ave, Memphis, TN 38111

  Welcome to 4278 Leatherwood Ave in Memphis! This charming brick single-family home offers wonderful curb appeal, a detached garage, and a fenced yard on a spacious lot. The yard provides plenty of room for gardening, entertaining, adding a swing set, or all of the above. Flowerbeds in the front are just waiting for your favorite landscaping to make the home truly shine. Inside, you’ll find a

  Tiffany Jones Trelora Realty

  4278 Leatherwood Ave, Memphis, TN 38111
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  /2

  $5,000

  • Land
  • 3,484 Sq Ft
  • $62,500 per Acre

  1401 Latham St, Memphis, TN 38106

  Builders/Investors get your building plan underway! Buyer to conduct all due diligence, selling AS-IS WHERE-IS. PLEASE contact listing agent for more information on this & other active lots

  Dawn Kinard Welch Realty, LLC

  1401 Latham St, Memphis, TN 38106
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  /15

  $82,900

  • 3 Beds
  • 1 Bath
  • 975 Sq Ft

  3230 Ardmore St, Memphis, TN 38127

  Investor special! This is an AS-IS only offering. Seller will not make repairs. No wholesale / assignment contracts will be considered. Priced to sell!!

  Jamie Green River City Land Co., LLC

  3230 Ardmore St, Memphis, TN 38127
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  /16

  $42,500

  • 3 Beds
  • 1.5 Baths
  • 1,721 Sq Ft

  460 Fox Valley Dr, Memphis, TN 38127

  Owner/agent - selling as is where is Call to schedule a showing

  Reginald Williams BROC Properties

  460 Fox Valley Dr, Memphis, TN 38127
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  /2

  $4,500

  • Land
  • 5,227 Sq Ft
  • $37,500 per Acre

  1462 Standridge St, Memphis, TN 38108

  CASH ONLY – Investor/Builder Opportunity! Unlock the potential of 9 residential lots offered as a package for $60,500. This is a rare chance to secure multiple infill parcels across Memphis with strong upside for new construction or long-term investment. Ideal for builders looking to scale quickly or investors seeking affordable entry points with room for appreciation. Properties included: Glen

  Silvana Piadade eXp Realty, LLC

  1462 Standridge St, Memphis, TN 38108
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  /34

  $74,900

  • 2 Beds
  • 1 Bath
  • 920 Sq Ft

  4167 Windermere Rd, Memphis, TN 38128

  This 2-bedroom, 1-bathroom 920 sqft brick ranch features a practical layout highlighted by an open, shared kitchen and dining space and a living room centered around an efficient, wood-burning stove fireplace. The interior includes hardwood flooring in the main living areas with comfortable carpeting in the bedrooms, while the central heating and cooling system provides comfort throughout the

  Alexis Martz Trelora Realty

  4167 Windermere Rd, Memphis, TN 38128
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  /10

  $45,000

  • 2 Beds
  • 1 Bath
  • 1,600+ Sq Ft

  3043 Sax Rd, Memphis, TN 38109

  Investor Special – Motivated Seller! This property sits on a large lot and is being sold AS-IS. It’s a full rehab opportunity for the right buyer with vision! Whether you’re looking for your next flip, rental project, or a chance to build equity from the ground up, this home is priced to move. Seller did replace the roof

  Tanika Bland BEST Real Estate Company

  3043 Sax Rd, Memphis, TN 38109
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  /3

  $95,000

  • 3 Beds
  • 1 Bath
  • 1,115 Sq Ft

  4612 Newton Dr, Memphis, TN 38109

  INVESTORS ONLY!!! Lovely 3bed 1bath Brick home currently rented for $895/mo with covered parking. This could be a great addition to your portfolio. Professionally managed. No sign in yard, please do not disturb tenants. Lease and Ledger available upon request. ONLINE VIDEO AVAILABLE UPON REQUEST. No creative or owner financed offers. No wholesale or assignment.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4612 Newton Dr, Memphis, TN 38109
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  /19

  $100,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  53 N Belvedere Blvd Unit 5, Memphis, TN 38104

  Four "Belvedere Gardens" Units for sale as a package deal for $360,000. Individual Prices available. Two 2-bedroom units and two 1-bedroom units available. Three furnished units are at 108 N Belvedere. THIS UNIT is $100,000 on its own. Unfurnished. 2 BR - 1 Bath - First floor flat. Central heat/air. refrigerator and range included. Gated entry to building. You may drive by, but parking is

  Felix Bishop Crye-Leike, Inc., REALTORS

  53 N Belvedere Blvd Unit 5, Memphis, TN 38104
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  /4

  $4,500

  • Land
  • 10,018 Sq Ft
  • $19,565 per Acre

  2129 Yazoo St, Memphis, TN 38106

  CASH ONLY – Investor/Builder Opportunity! Unlock the potential of 9 residential lots offered as a package for $60,500. This is a rare chance to secure multiple infill parcels across Memphis with strong upside for new construction or long-term investment. Ideal for builders looking to scale quickly or investors seeking affordable entry points with room for appreciation. Properties included: Glen

  Silvana Piadade eXp Realty, LLC

  2129 Yazoo St, Memphis, TN 38106
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  /22

  $100,000

  • 3 Beds
  • 2 Baths
  • 1,087 Sq Ft

  366 Granville Ave, Memphis, TN 38109

  Wonderful 3 bedroom 2 bathroom home on extra-large corner lot. Home has covered parking and a fenced back yard (perfect for pets). Home has new interior paint, updated flooring, large kitchen with painted cabinets. Seller willing to install a new gas stove with acceptable offer. This home has a large mud room that also be used as an oversized pantry! Home is in nice condition and Seller is

  Tyler Tapley Crye-Leike, Inc., REALTORS

  366 Granville Ave, Memphis, TN 38109
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  /31

  $84,000

  • 3 Beds
  • 1 Bath
  • 1,136 Sq Ft

  3487 Overton Crossing St, Memphis, TN 38127

  Welcome to 3487 Overton Crossing St in Memphis! This charming brick single-family home offers inviting curb appeal with a covered front entry and the convenience of a 1-car carport. Inside, the home features neutral colors and abundant natural light, creating a bright and comfortable atmosphere throughout. The layout includes three bedrooms and one full bathroom, along with a welcoming living

  Tiffany Jones Trelora Realty

  3487 Overton Crossing St, Memphis, TN 38127
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  /7

  $49,000

  • 2 Beds
  • 1.5 Baths
  • 978 Sq Ft

  3754 Cambridge Station Dr Unit F2, Memphis, TN 38115

  Tenant occupied at $850/mo, and leased through 3/31/27. Investor Special! This recently updated 2 Bed/1.1 bath condo is ready to cashflow. Central heat and air! Now is the perfect opportunity to upgrade your portfolio!

  Joshua Cooper Sowell, Realtors

  3754 Cambridge Station Dr Unit F2, Memphis, TN 38115
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  /3

  $45,500

  • 3 Beds
  • 2 Baths
  • 1,928 Sq Ft

  872 Stafford Ave, Memphis, TN 38106

  Large 3/2 with 10ft ceilings in Soulsville Complete Rehab, but Diamond in the Rough Investor Special !!!

  Reginald RL Pruitt Assured Real Estate Services

  872 Stafford Ave, Memphis, TN 38106
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  /2

  $70,000

  • 2 Beds
  • 1 Bath
  • 835 Sq Ft

  2340 Hernando Rd, Memphis, TN 38106

  2 bedroom, 1 bath home with a spacious backyard. Tenant-occupied Section 8 rental producing $1,150/month in guaranteed income with a stable tenant in place. Tenant utilizes an additional room as a third bedroom, though it is not officially classified. Interior access permitted only after an accepted contract, contingent upon interior inspection, to minimize disruption to the tenant. Please do not

  LaTonya Hammond Lawrence Johnson, REALTORS

  2340 Hernando Rd, Memphis, TN 38106
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  /35

  $149,900

  • 3 Beds
  • 2 Baths
  • 1,639 Sq Ft

  3800 James Rd, Memphis, TN 38128

  Welcome to this charming 1971-built ranch that perfectly blends good bones with classic character and essential modern comforts. On 0.289 acres, and spanning over 1,600 square feet of living space, this meticulously maintained 3-bedroom, 2-bathroom home boasts gorgeous original hardwood flooring throughout the main living areas, creating a warm and timeless aesthetic. The heart of the home is the

  Alexis Martz Trelora Realty

  3800 James Rd, Memphis, TN 38128
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  /15

  $98,000

  • 3 Beds
  • 1 Bath
  • 953 Sq Ft

  2955 Tudor St, Memphis, TN 38127

  Great Investment Opportunity!!!

  Ashleigh Lovan Keller Williams

  2955 Tudor St, Memphis, TN 38127
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  /2

  $125,000

  • 4 Beds
  • 2 Baths
  • 1,109 Sq Ft

  3236 Park Ave, Memphis, TN 38111

  THIS HOME IS TENANT OCCUPIED!!! DO NOT DISTURB TENATS!!! All offers must be accepted prior to any inspections. Please call listing agent for information and showing instructions. Offer instructions are in documents.

  Henry Booth Omni, REALTORS

  3236 Park Ave, Memphis, TN 38111
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  /2

  $130,000

  • 4 Beds
  • 1 Bath
  • 1,188 Sq Ft

  3671 S Victory Heights Ln, Memphis, TN 38118

  INVESTORS: LOOK NO FURTHER! Long term tenant. This is part of an eight home package (1641 Graham; 1658, 1662 and 1674 Sailors; 3822, 3679, 3685, 3671 Victory Heights). Units may be sold individually. Unit is occupied at $1,300.00 per month. Priced to SELL!!!!!

  Frank Colvett REMAX Experts

  3671 S Victory Heights Ln, Memphis, TN 38118
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  /2

  $48,500

  • 3 Beds
  • 1.5 Baths
  • 1,566 Sq Ft

  1531 Oakwood St, Memphis, TN 38108

  This vacant property is ready for a new owner and a renovation. This is a great investment opportunity in a prime area for growth. This property is ready for a new owner to realize it's full potential. Call for a private showing!

  Joshua Cooper Sowell, Realtors

  1531 Oakwood St, Memphis, TN 38108
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  /2

  $5,000

  • Land
  • 4,356 Sq Ft
  • $50,000 per Acre

  0 Ryder Ave, Memphis, TN 38106

  Nice corner lot at the SE corner of Ryder Ave & Greenwood. Great build site! Support new construction in this area. Buyer to verify all utilities and perform any and all due diligence prior to closing. Selling AS-WHERE IS

  Dawn Kinard Welch Realty, LLC

  0 Ryder Ave, Memphis, TN 38106
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  /21

  $148,000

  • 3 Beds
  • 2.5 Baths
  • 1,600+ Sq Ft

  5995 Lofty Oak Rd, Memphis, TN 38115

  GREAT INVESTMENT OPPORTUNITY! INVESTORS ONLY, DO NOT DISTURB TENANT. SFH Rented for $1,425/month, professionally managed. Lease expires 7/31/2026. Tenant moved in 7/31/2024. Completely renovated in May 2024 including brand new AC condenser, brand new furnace & A-coil. Spacious kitchen with brand new counter tops, large master bedroom, refurbished bathrooms with tile surround shower, attached

  Jeremy Veldman KAIZEN Realty, LLC

  5995 Lofty Oak Rd, Memphis, TN 38115
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  /34

  $104,900

  • 3 Beds
  • 1 Bath
  • 1,150 Sq Ft

  1510 Bonnie Dr, Memphis, TN 38116

  Charming 3-bedroom, 1-bath brick home in the heart of Whitehaven. Features include a functional kitchen, a spacious 1150 sqft open living/dining floorplan, and all bedrooms on one level. The home has gleaming hardwood floors and washer/dryer hookups in the kitchen for convenience. Outside, the exterior has an attached 1-car carport, a level backyard with a lush green yard and a cozy patio for

  Alexis Martz Trelora Realty

  1510 Bonnie Dr, Memphis, TN 38116
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  /13

  $65,900

  • 2 Beds
  • 1 Bath
  • 648 Sq Ft

  2105 Farrington St, Memphis, TN 38109

  Michelle Batts KAIZEN Realty, LLC

  2105 Farrington St, Memphis, TN 38109
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  /30

  $130,000

  • 3 Beds
  • 1 Bath
  • 975 Sq Ft

  1068 Buckner Rd, Memphis, TN 38122

  Solid brick 3 bed, 1 bath home in the Berclair area offering strong potential for investors and owner-occupants alike. Utilities are on, and a substantial amount of renovation materials are already on-site and included with the sale—estimated to bring the home to approximately 80% completion. At 975 sqft, the property features a functional layout on a level lot with a spacious backyard and

  Elliot Cerezo The Home Partners Realty

  1068 Buckner Rd, Memphis, TN 38122
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  /2

  $15,000

  • Land
  • 6,098 Sq Ft
  • $107,143 per Acre

  1579 Southern Ave, Memphis, TN 38114

  Nice lot! Come build your new house!

  Myles Wilson Keller Williams

  1579 Southern Ave, Memphis, TN 38114
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  /2

  $99,900

  • 4 Beds
  • 1 Bath
  • 1,375 Sq Ft

  1748 Eldridge Ave, Memphis, TN 38108

  Fantastic investment opportunity in the Shelby area. This 4br/1 bath single-family home is in the 38108 area. Cash flowing with a monthly rental amount of $995/month. The lease ends on 4/30/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  1748 Eldridge Ave, Memphis, TN 38108

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