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

• 

  

  

  /12

  $149,900

  • 4 Beds
  • 2 Baths
  • 1,452 Sq Ft

  1783 Danville Rd, Memphis, TN 38117

  Corporate owned home selling as is. Good looking home with 3 bedrooms and 2 full baths plus a living room, dining room, and an extra room that could be a den or 4th bedroom. Priced far below market to sell now. Excellent opportunity for a great fix and flip or wonderful family home. No FHA or VA loans except FHA rehab loan. No owner financing, blind offers or creative financing allowed.

  Jimmie Tapley Crye-Leike, Inc., REALTORS

  1783 Danville Rd, Memphis, TN 38117
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  /2

  $15,000

  • Land
  • 0.06 Acre
  • $250,000 per Acre

  265 Richmond Ave, Memphis, TN 38106

  Lot for sale perfect for building your next investment property. Already has sewer, electrical access, and drains on land. $15,000 for 7 lots is the steal of a lifetime.

  Calvin Mathews Harris & Harris Realty Group

  265 Richmond Ave, Memphis, TN 38106
• 

  

  

  /10

  $72,000

  • 3 Beds
  • 1.5 Baths
  • 1,429 Sq Ft

  4731 Wild Plum Ct Unit 112, Memphis, TN 38118

  AWESOME INVESTOR OPPORTUNITY!! 3bedroom 1.5 bath This property has been freshly renovated and ready for your family or tenant. This can be bought as a package deal with 4731 Wild Plum Ct which is directly next door. PROPERTY IS BEING SOLD AS-IS.

  Kevin Brown eXp Realty, LLC

  4731 Wild Plum Ct Unit 112, Memphis, TN 38118
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  /4

  $15,000

  • 2 Beds
  • 1 Bath
  • 600+ Sq Ft

  2076 Farrington St, Memphis, TN 38109

  Investment property available. Distressed home near many industrial facilities / employers. Property has curb cut. Cash offers preferred. Please do due diligence before submitting an offer. No creative or owner financed offers. No wholesale or assignment

  William Haynes Crye-Leike, Inc., REALTORS

  2076 Farrington St, Memphis, TN 38109
• 

  

  /2

  $4,200

  • Land
  • 0.13 Acre
  • $32,308 per Acre

  1593 Humber St, Memphis, TN 38106

  Cleared vacant land for sale, ready for development with level terrain and convenient street access. Seller financing options available

  Virgil Pryor Harris Realty Services

  1593 Humber St, Memphis, TN 38106
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  /12

  $115,000

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

  668 Westview Rd, Memphis, TN 38109

  Being sold AS-IS. Nice 3-bedroom, 1- bathroom home on a 0.71-acre lot that offers privacy. Rent ready for investors. One highlight of this property is the large den/great room. Lot is large enough for a garden, garage and/or storage building. The seller welcomes all offers.

  Sharon Harris Keller Williams

  668 Westview Rd, Memphis, TN 38109
• 

  

  /13

  $115,000

  • 4 Beds
  • 2 Baths
  • 1,368 Sq Ft

  445 Lipford St, Memphis, TN 38112

  Price Improvement! Rooms and space galore! This 4 bed 2 bath shotgun style bungalow is ready for a new owner. Completely renovated in 2021 with new roof, new siding, new windows, new central heat and air, new hot water, new laminate flooring, updated kitchen and baths, this home is practically new. With proximity to the Broad Ave Arts District, the newly built Lester Community Center, as well as

  Joshua Cooper Sowell, Realtors

  445 Lipford St, Memphis, TN 38112
• 

  

  /13

  $60,000

  • 1 Bed
  • 1 Bath
  • 600+ Sq Ft

  1649 Pillow St, Memphis, TN 38106

  Property has been updated and renovated! Very cute home with new roof, fresh paint interior and exterior paint, brand new windows just installed, new laminate flooring, new tile flooring in the kitchen, new kitchen cabinets, new refrigerator and stove, new bathroom. Wheelchair ramp recently installed, can be removed.

  LaJuana Miller KAIZEN Realty, LLC

  1649 Pillow St, Memphis, TN 38106
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  /5

  $128,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4039 Trevathan Cir, Memphis, TN 38109

  Investor Special! This tenant-occupied property offers 3 bedrooms, 1 bathroom, and a versatile den—perfect for use as an additional bedroom, office, or lounge area. Currently leased at $1,350/month and professionally managed, it's a turnkey addition to any investment portfolio. The lease expires 2/13/2026. Conveniently located just 18 minutes from Downtown Memphis and 17 minutes from Midtown.

  Raven Henderson KAIZEN Realty, LLC

  4039 Trevathan Cir, Memphis, TN 38109
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  /7

  $107,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  11 W Rollins Rd, Memphis, TN 38109

  Turnkey investment available. Fully Renovated 3BR Home on a Large Lot. Tenant occupied at $1,025/mo. Professionally managed. 2023 Renovation: New roof, windows, floors, kitchen, bath, paint, fixtures. Modern LVP flooring, updated kitchen with new cabinetry + countertops. Spacious backyard on large lot — perfect for pets or entertaining. Located near schools, parks, and major employers. Located

  William Haynes Crye-Leike, Inc., REALTORS

  11 W Rollins Rd, Memphis, TN 38109
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  /9

  $8,500

  • Land
  • 0.17 Acre
  • $50,000 per Acre

  1334 Mcmillan St, Memphis, TN 38106

  Nine lots for sale in the South Memphis area within a mile radius from each other. Lots can be purchased individually or in a package. 42 E TRIGG, 38106, 02403900016 - 7.5k 102 E TRIGG, 38106, 02405600032 - 7.5k 441 E TRIGG, 38106, 01305600001- 7.5k 1334 S MCMILLAN, 38106, 011038 00004 - 8.5k 93 LUCY, 38106, 02405800003 - 7.5k 1403 S DRIVER, 38106, 02505600015 - 8.5k 1227 PHILLIPS, 38106,

  Jonathan Minerick homecoin.com

  1334 Mcmillan St, Memphis, TN 38106
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  /32

  $135,000

  • 3 Beds
  • 1 Bath
  • 1,039 Sq Ft

  3531 Randolph St, Memphis, TN 38127

  Welcome to 3531 Randolph, Memphis, TN 38127! This charming single-family home is nestled in the heart of the Frayser neighborhood, offering both comfort and convenience. Step inside to discover a spacious living area filled with natural light, perfect for relaxing or entertaining guests. The home features 3 bedrooms and 1 bathroom, making it ideal for families or first-time buyers. Enjoy a large

  Bridget Jordan Epique Realty

  3531 Randolph St, Memphis, TN 38127
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  /15

  $130,000

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

  668 Spring St, Memphis, TN 38112

  Charming home near the restaurants and shops of Broad Street! Come see what this adorable home has to offer. As-is Sale

  Jo Ann Langlois 901 Properties

  668 Spring St, Memphis, TN 38112
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  /17

  $52,250

  • 2 Beds
  • 1 Bath
  • 875 Sq Ft

  1509 Ragan St, Memphis, TN 38106

  Welcome to your new home with a little tlc this could be yours. Investors are welcome. Close to downtown Memphis. Five minutes from the expressway. With the opportunity to grow in an expanding neighborhood. don't miss out on this amazing chance. It won't last long.

  Lee Williams Crye-Leike, Inc., REALTORS

  1509 Ragan St, Memphis, TN 38106
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  /2

  $8,500

  • Land
  • 0.06 Acre
  • $141,667 per Acre

  0 Douglass Ave, Memphis, TN 38114

  Vacant lot, located at 2842 Douglass & Laurel St. Seller's motivated. Thanks for showing. Will Co-Op

  Eddie Parker Crye-Leike, Inc., REALTORS

  0 Douglass Ave, Memphis, TN 38114
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  /17

  $77,000 Coming Soon

  • 2 Beds
  • 2 Baths

  119 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

  119 Lucy Ave, Memphis, TN 38106
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  /12

  $90,000

  • 4 Beds
  • 1 Bath
  • 1,148 Sq Ft

  4967 Newton Rd, Memphis, TN 38109

  Cute Brick 4 Bedroom 1 bath with single carport in Whitehaven~ Central Heat and Air~~Some upgrades ~~Large Lot~~Will Not Go FHA~~Call Listing agent for details

  Scott Housewirth Crye-Leike Inc., REALTORS

  4967 Newton Rd, Memphis, TN 38109
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  /33

  $132,500

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

  3909 Range Line Rd, Memphis, TN 38127

  Nice renovated home in the Brookemeade neighborhood of Frayser. This move-in ready, ranch style home blends modern updates with southern charm. This 3 bed 1 bath home has its own laundry room (which saves space) covered parking, and a huge fenced backyard. Inside there's a cozy living room full of natural light as well as a dining room. Enjoy tile flooring throughout and a bright eat-in kitchen.

  Adrian Henning KAIZEN Realty, LLC

  3909 Range Line Rd, Memphis, TN 38127
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  /15

  $105,000

  • 2 Beds
  • 1.5 Baths
  • 1,054 Sq Ft

  3445 Pruett Ct, Memphis, TN 38111

  Gated Condo Complex located mins from the University of Memphis and Highland Strip. This 2bed/1.5 bath could make a great investment for an investor or home for an owner occupant. Living Room, Dining Area, and Fenced in Patio Area. HOA is $140 monthly and covers exterior maintenance repairs, property insurance, landscaping & grounds cleaning, pest control, water/sewer for property, utilities for

  Monica Bynum Crye-Leike, Inc., REALTORS

  3445 Pruett Ct, Memphis, TN 38111
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  /2

  $33,300

  • 3 Beds
  • 1.5 Baths
  • 1,635 Sq Ft

  1239 S Wellington St, Memphis, TN 38106

  “This property is subject to the Freddie Mac First Look Initiative. The Freddie Mac First Look Initiative limits offers from being entertained during the first 20 days of listing to owner occupant and non-profit buyers. Investor offers will be responded to after the first look period ends on 01/08/2026.” 3 bedroom, 1.5 baths, needs updating, sold as-is.

  Sam Hanks Broker South Realty

  1239 S Wellington St, Memphis, TN 38106
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  /2

  $64,900

  • 2 Beds
  • 1 Bath
  • 703 Sq Ft

  1743 Cleoford Ave, Memphis, TN 38127

  Fantastic investment opportunity in the Shelby area. This 2br/1 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $825/month. The lease ends on 04/30/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  1743 Cleoford Ave, Memphis, TN 38127
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  /3

  $99,900

  • 2 Beds
  • 1 Bath
  • 858 Sq Ft

  3622 N Lloyd Cir, Memphis, TN 38108

  Discover 3622 N Lloyd Cir, a 2-bedroom, 1-bathroom home that’s already generating income at $1,100 per month. The current tenant is in place, giving investors a smooth, hassle-free start with instant cash flow. A practical layout and great investment fundamentals, this home is an excellent option for those looking to grow their portfolio or secure a property with built-in income.

  Jonathan Nunez Fast Track Realty, LLC

  3622 N Lloyd Cir, Memphis, TN 38108
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  /2

  $45,000

  • Land
  • 0.64 Acre
  • $70,312 per Acre

  0 S Third Unit 10199299, Memphis, TN 38109

  Commercial Lot/Land available on S Third Street. Great business opportunity.

  Jeff Goff Keller Williams

  0 S Third Unit 10199299, Memphis, TN 38109
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  /24

  $125,000

  • 3 Beds
  • 1.5 Baths
  • 1,169 Sq Ft

  640 Hastings Cir E, Memphis, TN 38107

  This beautifully renovated 3 bedroom, 1.5 bathroom home features fresh paint & stylish updates throughout. Enjoy tile & laminate wood flooring, ceiling fans, & modern fixtures & lighting that give the home a clean, contemporary feel. A separate dining room offers the perfect space for family meals or entertaining. The home also includes an attic with pull-down stairs, providing excellent

  Justin Lance Keller Williams

  640 Hastings Cir E, Memphis, TN 38107
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  /14

  $125,000

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

  1781 Woodburn Dr, Memphis, TN 38127

  Terrific investment opportunity. Professionally managed and cash flowing property. Rent is $1100/mo. Lease is m2m. Professionally managed by Renshaw. Lease and ledger are available upon request. Seller has multiple properties for sale. Can buy individucally or in bulk. All properties are professionally managed. The addresses are 3667 Southland, 1364 Viscoscia, 3263 Sunrise, 3516 Suzanne, 1781

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1781 Woodburn Dr, Memphis, TN 38127
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  /8

  $79,500

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4522 Sunny View Dr, Memphis, TN 38127

  Experience the tranquility of 4522 Sunny View Drive, a serene 3-bedroom, 1-bath residence nestled in the heart of Memphis, TN. This well-maintained home offers a perfect blend of comfort, charm, and peaceful surroundings—ideal for both investors seeking steady rental income and homeowners looking for a future residence. Inside, you'll find beautiful hardwood floors, a bright and inviting living

  James Wachob Foundation Property Management

  4522 Sunny View Dr, Memphis, TN 38127
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  /2

  $4,700

  • Land
  • 0.09 Acre
  • $52,222 per Acre

  1411 Cummings St, Memphis, TN 38106

  Cleared vacant land for sale, ready for development with level terrain and convenient street access. Owner financing options available. All offers welcome.

  Virgil Pryor Harris Realty Services

  1411 Cummings St, Memphis, TN 38106
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  /11

  $130,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  1502 Mary Jane Ave, Memphis, TN 38116

  Turnkey Rental | $1,080/mo | Lease in Place Until 5/2026 | Cap Rate ~7% | Priced to Sell. Cash Flowing Investment opportunity in the Whitehaven area. This 3br/1 bath single-family home is in the 38116. Cash flowing, currently rented at $1080/month. Current lease ends 05/2026. Showings with an accepted offer. Do not disturb tenants.

  Courtney Staples Keller Williams

  1502 Mary Jane Ave, Memphis, TN 38116
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  /2

  $8,000

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

  3055 Saint Croix Place Unit 74, Memphis, TN 38127

  Investor special! This 3 bed, 1.5 bath townhome is completely gutted and may have fire damage—ready for your next flip or rental project. Sold AS-IS with no utilities on. Buyer to verify all info. Cash only. Great potential for the right investor!

  LaKendrea Hall Epique Realty

  3055 Saint Croix Place Unit 74, Memphis, TN 38127
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  /2

  $8,500

  • Land
  • 0.16 Acre
  • $53,125 per Acre

  1391 Nicholas St, Memphis, TN 38107

  Why buy someone else’s dream when you can create your own? Vacant land in 38107 is your blank canvas! pc# 039019 00014 Growth alert: $310M Midtown redevelopment by Mississippi Boulevard Christian Church & Meharry Medical College—just minutes from this land!

  Karen Walker Epique Realty

  1391 Nicholas St, Memphis, TN 38107
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  /19

  $85,000

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

  1776 First Green Unit 21 Dr Unit 21, Memphis, TN 38116

  Investment Opportunity: This meticulously renovated 3-bedroom, 2.5-bathroom condo presents an excellent investment opportunity with a reliable, long-term tenant in place, currently paying $1,050 per month. Lease just renewed until 3/31/2026. Over the past three years, the owner has invested more than $47,000 in upgrades, including: Brand new HVAC system Full interior and exterior renovation New

  Jeremy Veldman KAIZEN Realty, LLC

  1776 First Green Unit 21 Dr Unit 21, Memphis, TN 38116
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  /3

  $39,900

  • 2 Beds
  • 1 Bath
  • 768 Sq Ft

  2178 Shannon Ave, Memphis, TN 38108

  Great owner occupant or investor special. 2 bedrooms, spacious living room, quaint dining room, gas stove in kitchen, hardwood floors, large backyard with storage shed, corner lot.

  Marceline Williams LPT Realty, LLC

  2178 Shannon Ave, Memphis, TN 38108
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  /13

  $129,900

  • 3 Beds
  • 1.5 Baths
  • 1,409 Sq Ft

  3203 Aden St, Memphis, TN 38127

  SPACIOUS 3/2 brick home loaded with potential! Large living room and dining room, separate living area next to kitchen, 3 spacious bedroom and large fenced-in backyard! Needs minor TLC. Would make an excellent starter home for a family or a great addition to your investment property portfolio! Motivated seller is ready to make a deal. No owner financing, wholesale, or creative offers.

  Jeremy Veldman KAIZEN Realty, LLC

  3203 Aden St, Memphis, TN 38127
• 

  

  /19

  $90,000

  • 3 Beds
  • 2.5 Baths
  • 1,843 Sq Ft

  3637 Haughton Ln Unit 2, Memphis, TN 38128

  Must-See Move-In Ready Condo! This spacious 3-bedroom, 2.1-bath condo offers 1,600 sq. ft. of comfortable living space. Perfect opportunity for cash buyers only. Enjoy a manageable $195 monthly HOA fee. Don’t miss out—call today to schedule your viewing!

  Lakesha Lilly Leatherwood The Home Partners Realty

  3637 Haughton Ln Unit 2, Memphis, TN 38128
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  /6

  $130,000

  • Land
  • 2.08 Acres
  • $62,500 per Acre

  0 E Holmes Rd Unit 10202561, Memphis, TN 38109

  Build Your Dream Home on 2.08 Acres of Pure Possibility! Tucked away is this 2.08-acre lot offering the perfect canvas to bring your vision to life. Whether you're dreaming of a custom estate, a charming farmhouse, or a modern retreat, this spacious parcel provides room to spread out and breathe. Enjoy the privacy of a large lot with plenty of space for a garden, workshop, or outdoor living

  Melissa Blume Thompson eXp Realty

  0 E Holmes Rd Unit 10202561, Memphis, TN 38109
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  /10

  $75,000

  • Land
  • 3.12 Acres
  • $24,038 per Acre

  4825 American Way, Memphis, TN 38118

  3.12 acres right in the action! Directly off of American Way and S Perkins intersection, this lot is wooded and currently zoned CMU-2. This size lot may be the last of its kind in this area so get it while you can! Surrounded by business to the N and a nice residential neighborhood to the S, this lot has dedicated access via Westmeade St. Experienced developers - here's your chance to build your

  Randall Weatherall Memphis Metro Realty

  4825 American Way, Memphis, TN 38118
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  /6

  $50,000

  • Land
  • 0.4 Acre
  • $125,000 per Acre

  583 E E H Crump Blvd, Memphis, TN 38126

  COMMERCIAL OPPORTUNITY! Vacant parcel available on major/busy street. Excellent visibility and multiple uses (Zoning Code: CMU-1-Commercial Mixed Use-1). Could be great for parking or storage and amazing price. Large amount of commercial businesses and users along this stretch. Lot of activity/ motorists drive by this property daily. Cash offers only! Buyer will need to confirm all zoning and

  Tyler Tapley Crye-Leike, Inc., REALTORS

  583 E E H Crump Blvd, Memphis, TN 38126
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  /2

  $80,000

  • Land
  • 8.54 Acres
  • $9,368 per Acre

  0 Coleman Rd, Memphis, TN 38128

  Drive by anytime.

  Flor Bernal Crye-Leike, Inc., REALTORS

  0 Coleman Rd, Memphis, TN 38128
• 

  /2

  $150,000

  • 2 Beds
  • 1 Bath
  • 855 Sq Ft

  839 S Graham St, Memphis, TN 38111

  Great Investment Opportunity near the University of Memphis. No showing until the home is under contract. Make offer contingent on Inspection. Current tenant pays $950/mo...

  Danny Lipsey Keller Williams

  839 S Graham St, Memphis, TN 38111
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  /2

  $45,000

  • Land
  • 0.89 Acre
  • $50,562 per Acre

  0 Airways Blvd Unit 10199303, Memphis, TN 38114

  Commercial Lot/Land available on Airways, Great business opportunity.

  Jeff Goff Keller Williams

  0 Airways Blvd Unit 10199303, Memphis, TN 38114

Showing Results 401 - 440, Page 11 of 18