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

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  /10

  $123,699

  $6K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 868 Sq Ft

  185 Vernelle Ave, Memphis, TN 38109

  Improved Pricing: This fully renovated home delivers modern comfort and standout value from the moment you arrive. Inside, you’ll find an updated kitchen with fresh finishes, a remodeled bathroom, and brand-new LVP flooring that ties the space together with a clean, contemporary feel. The entire home (interior and exterior) has been painted, giving it a crisp, like-new look throughout. Outside,

  Victoria Brown 4 Success Realty, LLC

  185 Vernelle Ave, Memphis, TN 38109
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  /12

  $125,000

  • 4 Beds
  • 2 Baths
  • 1,209 Sq Ft

  1167 Fiber Rd, Memphis, TN 38109

  Excellent investment opportunity featuring 4 bedrooms, 2 bathrooms, and approximately 1,209 sq ft of living space. This property offers strong rental potential with estimated monthly income ranging from $1,150–$1,275. A great option for investors looking to add cash-flow potential to their portfolio. Spacious layout, solid income opportunity, and long-term investment value make this property one

  James Johnson Crestcore Realty, LLC

  1167 Fiber Rd, Memphis, TN 38109
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  /25

  $142,000

  $7K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,599 Sq Ft

  2405 Forest Ave, Memphis, TN 38112

  Charm and character abound throughout this Classic Midtown home where traditional meets Bungalow. The open floor plan is accentuated by tall ceilings, beautiful mill work and gleaming hardwood floors. Home features 3 bedrooms, 1 bath, gracious living spaces, a large updated kitchen with butler's panty, spacious laundry/mudroom, and office. The chef's kitchen provides a gas range, pantry, and

  Jordan Schieffler Ware Jones, REALTORS

  2405 Forest Ave, Memphis, TN 38112
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  /2

  $13,500

  • Land
  • 5,227 Sq Ft
  • $112,500 per Acre

  1538 Standridge St, Memphis, TN 38108

  Lot dimensions are 40x135, 0.124 acres, can accommodate up to a triplex. Professionally demolished, leveled, and ready for your ideas! Cash offers only, no contract assignments, and quick close preferred. Please do all due diligence before presenting an offer.

  Tyler Bowman Weichert, REALTORS-BenchMark

  1538 Standridge St, Memphis, TN 38108
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  /2

  $55,000

  $17K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 992 Sq Ft

  1483 Swift St, Memphis, TN 38109

  2 bedrooms brick home. Owner wants to retire. Selling As IS. Bring reasonable offers please. Drive by and make an offer contingent upon a satisfactory showing or inspection. Need a little TLC

  Christine Abston REMAX Experts

  1483 Swift St, Memphis, TN 38109
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  /2

  $19,000

  $1K PRICE DROP

  • Land
  • 14,374 Sq Ft
  • $57,576 per Acre

  877 Whitney Ave, Memphis, TN 38127

  This is a bulk package of 3 parcels to be sold together only. 883 Whitney Parcel ID# 069024 00002 and 877 Whitney Parcel ID# 069024 0000, and 2955 Northgate St Parcel ID# 069021 00006

  Michelle Shelton The Peyton Co., Inc., REALTORS

  877 Whitney Ave, Memphis, TN 38127
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  /8

  $114,900

  $5K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,599 Sq Ft

  4178 Crain Rd, Memphis, TN 38128

  Great opportunity for investors or buyers. Split level home offers solid potential for renovation & future upside. Property is being sold as is. Proof of funds required with all offers. BUYER'S AGENT TO PAY A $200.00 OFFER MANAGEMENT FEE AT CLOSING OF ANY ACCEPTED OFFER.

  Courtney Read Vylla Home

  4178 Crain Rd, Memphis, TN 38128
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  /13

  $110,000

  $19K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,218 Sq Ft

  1084 Rutland Rd, Memphis, TN 38114

  Price Improvement! Investor special in East Memphis! Ideal for any investor looking for a flip opportunity or BRRRR deal. Recently vacated. All capex items replaced in 2020. Call listing agent for details. Access upon accepted offer. Do not disturb tenants.

  Andrew Akins CB Properties of Memphis, LLC

  1084 Rutland Rd, Memphis, TN 38114
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  /35

  $109,900

  • 3 Beds
  • 2 Baths
  • 1,108 Sq Ft

  3944 Timberwood Dr, Memphis, TN 38128

  Charming 3-bedroom, 2-bath ranch home offering comfortable one-level living and a warm, inviting atmosphere. This well-maintained home features a functional layout with spacious living areas, cozy bedrooms, and plenty of natural light throughout. The kitchen offers ample cabinet and counter space, making everyday living and entertaining easy. Step outside to enjoy the beautifully fenced backyard

  Tiffany Jones Trelora Realty

  3944 Timberwood Dr, Memphis, TN 38128
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  /13

  $123,900

  $1K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,429 Sq Ft

  6543 Fern Creek Dr, Memphis, TN 38115

  Great tenant occupied home. Rent is $1,075/mo. Lease until July 2026. Two story great room with fireplace, wood laminate floors, newer roof, water heater & HVAC system, granite. Bed/Bath up, Bed/Bath down, Loft area up. Screened-in patio, fenced-in backyard.

  Brandon Smith Smith Family Real Estate, LLC

  6543 Fern Creek Dr, Memphis, TN 38115
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  /2

  $109,000

  • 4 Beds
  • 2 Baths
  • 1,769 Sq Ft

  635 Mcwhirter Ave, Memphis, TN 38127

  BOTH UNITS ARE TENANT OCCUPIED!!! DO NOT DISTURB THE TENANTS!!!! All offers must be accepted prior to any inspections. Please call the listing agent for information and showing instructions. 635 McWirter cureently rents for $600 a month and 637 McWhirter rents for $785 a month. Offer instructions are in the documents tab. Listing agent to hold earnest money.

  Henry Booth Omni, REALTORS

  635 Mcwhirter Ave, Memphis, TN 38127
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  /13

  $95,000

  $5K PRICE DROP

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

  1887 N Graham St, Memphis, TN 38108

  Charming Brick Home with Oversized Garage in a Prime Memphis Location 1887 N Graham | Memphis, TN | 2 Bed | 2 Bath Don’t miss this solid brick beauty offering the perfect blend of comfort, character, and convenience! This well-maintained 2-bedroom, 2-bathroom home features a classic brick exterior built to last, keeping you cool in the summer and cozy in the winter — along with central heat and

  Caleb Parr Renshaw Company, REALTORS

  1887 N Graham St, Memphis, TN 38108
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  /16

  $79,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,032 Sq Ft

  4047 Chelsea Ave, Memphis, TN 38108

  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 wholesaler or assignment of contract offers will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  4047 Chelsea Ave, Memphis, TN 38108
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  /12

  $135,000

  $7K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,076 Sq Ft

  1284 Merrycrest Dr, Memphis, TN 38111

  3 bedroom brick home in move in condition ready for its new owners. Conveniently located to freeway, places of worship and more. Large backyard.Appliances stay. Call your favorite real estate agent today for a private showing. Seller requests only pre approved buyers tour property. Seller says roof replaced 2020, Windows replaced 2021, Electrical 2024, A/C 2019. Move-in ready.

  Monica Mauricio REMAX Experts

  1284 Merrycrest Dr, Memphis, TN 38111
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  /5

  $102,000

  $3K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,670 Sq Ft

  3382 Frayser School Dr, Memphis, TN 38127

  This property is leased at $1,165 per month ($13,980 annually) through 01/31/2027, with a cash-on-cash return of 9.57% and a monthly cash flow of $255.11. "All investment figures are estimates and verified independently by buyer." Turnkey investment opportunity with strong potential. This well-maintained property features recent updates including a newer roof, updated HVAC system, refreshed

  James Wachob Foundation Property Management

  3382 Frayser School Dr, Memphis, TN 38127
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  /2

  $7,650

  $3K PRICE DROP

  • Land
  • 5,662 Sq Ft
  • $58,846 per Acre

  1047 Latham St, Memphis, TN 38106

  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

  1047 Latham St, Memphis, TN 38106
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  /2

  $18,000

  • Land
  • 8,276 Sq Ft
  • $94,737 per Acre

  1117 S Somerville St, Memphis, TN 38106

  Lachoya Thompson C21 Patterson & Assoc. Real Es

  1117 S Somerville St, Memphis, TN 38106
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  /24

  $100,000

  • 2 Beds
  • 1 Bath
  • 858 Sq Ft

  3646 Spottswood Ave Unit 9, Memphis, TN 38111

  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

  3646 Spottswood Ave Unit 9, Memphis, TN 38111
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  /17

  $49,900

  $10K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,224 Sq Ft

  1081 Talley Place, Memphis, TN 38106

  Investor special in the heart of 38106! Duplex at 1079 & 1081 Talley Place offering two 1BR/1BA units, each featuring a separate entrance, great room, kitchen and private bedroom layout. Property includes wrought iron security doors, chain fenced backyard and individual front entries. Ideal opportunity for buy-and-hold investors, rental portfolio expansion, or value-add renovation project. Strong

  Melissa Blume Thompson eXp Realty

  1081 Talley Place, Memphis, TN 38106
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  /2

  $125,000

  • 4 Beds
  • 2 Baths
  • 1,220 Sq Ft

  2662 Orman Ave, Memphis, TN 38127

  Please do not disturb tenant. 4br/2ba home with access to everything you desire in the area. Detached garage for parking or additional storage. Fenced backyard.

  Aaron Edwards Real Broker

  2662 Orman Ave, Memphis, TN 38127
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  /37

  $100,000

  $15K PRICE DROP

  • 6 Beds
  • 4 Baths
  • 3,800+ Sq Ft

  1025 Wichita Ave, Memphis, TN 38106

  RARE OPPORTUNITY! 2 Homes, 1 Deal – Endless Potential! Two houses on one property at 1025 Wichita Ave – sitting on 1/3 of an acre! Main Home: 4 BR, 2 BA with primary suite downstairs Guest Home: 2 BR, 2 BA with soaring ceilings + loft living area New roofs on both homes! Both homes have fire damage, but some work has already been done—this property just needs the right touch to complete the

  Tondia Shotwell-Bouie Crye-Leike, Inc., REALTORS

  1025 Wichita Ave, Memphis, TN 38106
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  /2

  $12,500

  $8K PRICE DROP

  • Land
  • 3,049 Sq Ft
  • $178,571 per Acre

  998 J W Williams Ln, Memphis, TN 38105

  Residential lot near downtown. Great lot ready to build! Minutes from the newly renovated Tom Lee Park.

  Crystal Mitchell Renshaw Company, REALTORS

  998 J W Williams Ln, Memphis, TN 38105
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  /2

  $45,000

  • Land
  • 32,234 Sq Ft
  • $60,811 per Acre

  1971 Francisco St, Memphis, TN 38116

  Land available in the heart of Whitehaven! This .0.74-acre lot offers a great opportunity for new development. Whether you're looking to build a single-family home or explore other possibilities, this spacious parcel is ready for your vision. Drive by and take a look!

  Charlita Foulks Harris Realty Services

  1971 Francisco St, Memphis, TN 38116
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  /2

  $7,000

  • Land
  • 3,920 Sq Ft
  • $77,778 per Acre

  1414 Nicholas St, Memphis, TN 38107

  With affordable prices, prime location near downtown, and a neighborhood full of history + growth potential, this slice of heaven is the perfect spot to design your future from the ground up. pc# 039018 00024 Midtown is leveling up! A $310M project from Mississippi Boulevard Christian Church + Meharry Medical College is coming soon.

  Karen Walker Epique Realty

  1414 Nicholas St, Memphis, TN 38107
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  /14

  $89,900

  $25K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,026 Sq Ft

  1532 Silver St, Memphis, TN 38106

  Property has been vandalized. Cash or hard money only. Will need all systems replaced. Selling as-is

  Caleb Parr Renshaw Company, REALTORS

  1532 Silver St, Memphis, TN 38106
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  /2

  $99,000

  • 4 Beds
  • 2 Baths
  • 1,790 Sq Ft

  3802 University Cove, Memphis, TN 38127

  Great investment opportunity. This brick property is the ideal project for those looking to remodel and maximize value. It's a home with great potential that needs some repairs, perfect for customizing to your liking. Owner Financing is available! ¡Contamos con Financiamiento de Dueño (Seller Financing) disponible!

  Trevor Day My Casa My House

  3802 University Cove, Memphis, TN 38127
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  /36

  $139,900

  • 4 Beds
  • 1 Bath
  • 1,725 Sq Ft

  3391 Seaforth Dr, Memphis, TN 38127

  Spacious 4 bedroom, 1-bath brick home in Memphis. Featuring over 1,800 sq ft of living space, this residence includes a functional kitchen, cozy fireplace, and a versatile layout with a separate dining room. Enjoy a large, fenced backyard with a patio and an attached 1-car garage. Conveniently located near local schools and amenities. Perfect for those needing extra space and flexibility!

  Alexis Martz Trelora Realty

  3391 Seaforth Dr, Memphis, TN 38127
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  /6

  $9,900

  • 3 Beds
  • 1 Bath
  • 1,511 Sq Ft

  126 Lucy Ave, Memphis, TN 38106

  The property is sold As-Is, Where-Is. Seller has no knowledge, buyer should perform their due diligence and make their own assessments. THIS IS LARGE MAJORITY BRICK HOME LOCATED ON THE END OF A COVED STREET. WITH SOME TLC THIS PROPERTY COULD BECOME A DIAMOND IN THE ROUGH.

  Juan Brooks Process Realty Services

  126 Lucy Ave, Memphis, TN 38106
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  /15

  $99,900

  • 3 Beds
  • 1 Bath
  • 1,123 Sq Ft

  4530 Spring Valley Dr, Memphis, TN 38128

  Welcome to this move-in-ready 3-bedroom, 1-bathroom traditional ranch-style home in Memphis. Featuring a durable brick veneer exterior and 1,123 sq. ft. of efficient living space, this residence offers a perfect blend of comfort and utility. The interior boasts a mix of classic hardwood and durable tile flooring throughout. The property sits on a spacious 0.18-acre lot, providing a large backyard

  Alexis Martz Trelora Realty

  4530 Spring Valley Dr, Memphis, TN 38128
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  /2

  $20,000

  • Land
  • 11,325 Sq Ft
  • $76,923 per Acre

  944 Tully St, Memphis, TN 38107

  Residential lot in uptown near downtown. Great lot ready to build! Minutes from the newly renovated Tom Lee Park.

  Crystal Mitchell Renshaw Company, REALTORS

  944 Tully St, Memphis, TN 38107
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  /4

  $94,900

  • 3 Beds
  • 2 Baths
  • 1,103 Sq Ft

  4550 Spring Glen Dr, Memphis, TN 38128

  Fantastic investment opportunity in the Shelby area. This 3br/2 bath single-family home is in the 38128 area. Cash flowing with a monthly rental amount of $835/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

  4550 Spring Glen Dr, Memphis, TN 38128
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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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  /32

  $89,900

  • 3 Beds
  • 2 Baths
  • 1,025 Sq Ft

  645 Parkrose Rd, Memphis, TN 38109

  Charming single-story home featuring 3 bedrooms and 1 full bath in an established Memphis neighborhood. This property offers a functional layout with an eat-in kitchen, spacious living area, attached carport, and a level lot with driveway parking. This property is being sold AS-IS.

  Tiffany Jones Trelora Realty

  645 Parkrose Rd, Memphis, TN 38109
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  /13

  $119,000

  $1K PRICE DROP

  • 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

  $20K PRICE INCREASE

  • 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

  $100,000

  $20K PRICE DROP

  • 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~~Being sold thru Auction Means only~~ 5% Buyer premium charged to buyer at closing.

  Scott Housewirth Crye-Leike Inc., REALTORS

  4826 Leonard Rd, Memphis, TN 38109
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  /14

  $87,000

  $3K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,061 Sq Ft

  2028 Amity Ave, Memphis, TN 38108

  This property is truly move-in ready and offers an excellent opportunity for a homeowner or investor. While the home was listed during the renovation process, all work has now been completed. The home has been fully renovated from top to bottom, featuring new wiring, new plumbing, a new electrical panel, a new water heater, and a new roof, new floor and many others. A new home security system has

  Keino Spring Harris & Harris Realty Group

  2028 Amity Ave, Memphis, TN 38108
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  /8

  $97,000

  $5K PRICE DROP

  • 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

  $6,800

  $4K PRICE DROP

  • Land
  • 1,742 Sq Ft
  • $170,000 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

Showing Results 361 - 400, Page 10 of 18