Memphis, TN Homes under $154,000

/6
$98,500
- 3 Beds
- 1 Bath
- 1,400+ Sq Ft
801 Spring St, Memphis, TN 38112

Rented for $950 a month! Stabilized investment property with long term tenant in place. **Renovated Kitchen, new roof, new exterior siding, wood repair, and paint. Please do not disturb the tenant, all showings and inspections to be done with contract in place. Owner Agent.

Robert Stone Marathon REALTORS, LLC

801 Spring St, Memphis, TN 38112
/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
/2
$100,000
- 3 Beds
- 1 Bath
- 800+ Sq Ft
3889 Danny Ave, Memphis, TN 38111

Investor Special! Enjoy instant cash flow from day one with minimal management required. Recent updates ensure low maintenance, and the property sits on a quiet street with strong rental demand. Please do not disturb tenants. Showings available with accepted offer.

Courtney Clark Keller Williams

3889 Danny Ave, Memphis, TN 38111
/2
$55,000
- Land
- 0.82 Acre
- $67,073 per Acre
3646 Democrat Rd, Memphis, TN 38118

This .82 Acre lot is being sold along with 3628 Democrat for a package deal. Regular shaped and zoned RU-3 which allow for various uses including SFH, Multifamily Homes, Manufactured homes, Assist Living and more. Contact me for more information. Bring all offers

John Cornes Braden, Braden & Braden LLC

3646 Democrat Rd, Memphis, TN 38118
/2
$55,000
- Land
- 0.82 Acre
- $67,073 per Acre
3628 Democrat Rd, Memphis, TN 38118

This .82 Acre lot is being sold along with 3628 Democrat for a package deal. Regular shaped and zoned RU-3 which allow for various uses including SFH, Multifamily Homes, Manufactured homes, Assist Living and more. Contact me for more information. Bring all offers

John Cornes Braden, Braden & Braden LLC

3628 Democrat Rd, Memphis, TN 38118
/8
$125,000
- 3 Beds
- 1 Bath
- 1,000+ Sq Ft
1382 Mary Jane Ave, Memphis, TN 38116

Welcome to 1382 Mary Jane Avenue, Memphis, TN 38116! This charming 3-bedroom, 1-bath home offers comfortable living with stylish updates and solid investment potential. Enjoy hard surface flooring throughout, a bright and airy living area, and a modern kitchen featuring large shaker cabinets. Central heat and air provide year-round comfort, while the spacious, fully fenced backyard is perfect for

James Wachob Foundation Property Management

1382 Mary Jane Ave, Memphis, TN 38116
/12
$90,000
- 2 Beds
- 1.5 Baths
- 1,000+ Sq Ft
1244 Englewood St, Memphis, TN 38106

Charming two bedroom one bath home. This home has been renovated to include new paint, updated kitchen and bathroom, new carpet, and new tile. This home is adorable for a home owner or to add to an investment portfolio.

Crystal Mitchell Renshaw Company, REALTORS

1244 Englewood St, Memphis, TN 38106
/19
$138,900
- 3 Beds
- 1 Bath
- 1,000+ Sq Ft
1078 E Walthal Cir, Memphis, TN 38111

Lovely move in ready home in East Memphis! Minutes from U of M. Recent improvements include, refinished HW floors, updated kitchen and bath. Light fixtures, and a new roof. Relax on the oversized front porch! Vacant, easy to show! No owner/creative financing.

Caleb Parr Renshaw Company, REALTORS

1078 E Walthal Cir, Memphis, TN 38111
/3
$14,867
- Land
- 0.29 Acre
- $51,266 per Acre
3909 Fizer Ave, Memphis, TN 38111

GREAT LOCATION GREAT INVESTMENT LAND ONLY SELLER(S) HAS OTHER PROPERTIES FOR SALE LOCATED AT 1404 PRESTON

Helen Jackson Good Shepherds Realty & Invest

3909 Fizer Ave, Memphis, TN 38111
/14
$49,670
- 3 Beds
- 1 Bath
- 1,400+ Sq Ft
1264 Mississippi Blvd, Memphis, TN 38106

THIS IS A RESIDENTIAL HOME, THAT'S IN A COMMERCIAL AREA, 3 BD.RM, 1 BA., SEP. LIV. RM, KIT, AND LAUNDRY RM. WITH PREMINANT STAIRS LEADING UP TO EXPANDABLE AREA IN ATTIC IT ALSO HAS A BASEMENT FOR YOUR USE. IT GIVES YOU ALL TYPES OF POSSIBILITIES AND POTENTIALS. LOCATED AROUND BEAUTY SHOPS, YMCA, FUNERAL HOME, APPROX. 1 BLOCK FROM 4 WAY GRILL & STAX RECORDING STIDIO JUST USE YOUR AMAGINATION,

Helen Jackson Good Shepherds Realty & Invest

1264 Mississippi Blvd, Memphis, TN 38106
/26
$70,000
- 2 Beds
- 1.5 Baths
- 1,000+ Sq Ft
4731 Wild Plum Ct Unit 113, Memphis, TN 38118

BACK ON THE MARKET/FINANCING FELL THROUGH. MOVE IN READY!! This cute 2 level condo is perfect as an investment property OR for a homeowner who doesn't need/want a lot of space or yard to maintain. This freshly painted unit has 2 bedrooms, both upstairs, 1 full bath upstairs, 1/2 bath downstairs. NO carpet, as flooring is laminant wood and tile. The eat-in kitchen has stove, refrigerator and

Lisa Todd KAIZEN Realty, LLC

4731 Wild Plum Ct Unit 113, Memphis, TN 38118
/9
$109,900
- 3 Beds
- 1 Bath
- 1,000+ Sq Ft
3421 Piney Woods Ave, Memphis, TN 38118

3 bedroom 1 bath home in East Whitehaven Park being sold as-is. 10 min from the Memphis internation Airport and FedEx. 15 min from Graceland. Solid bones, needs TLC.

Jason Miller eXp Realty, LLC

3421 Piney Woods Ave, Memphis, TN 38118
/9
$80,000
- 3 Beds
- 1 Bath
- 1,000+ Sq Ft
3641 University St, Memphis, TN 38127

This 3 bedroom, 1 bath home offers a good curb appeal and makes an excellent first home purchase.

Donnie Morrow eXp Realty, LLC

3641 University St, Memphis, TN 38127
/15
$59,000
- 2 Beds
- 1 Bath
- 800+ Sq Ft
3064 Meadowbrook Rd, Memphis, TN 38109

Looking for your next project? Look no further! This home offers a fresh start for your vision. Stripped down to the studs this home sits on a huge corner lot which is a little over half an acre! Videos available upon request. Home is currently in environmental court, seller is willing to owner finance it with no less than 35,000 down and no more than a 2 year term.

Arath Luevano Fast Track Realty, LLC

3064 Meadowbrook Rd, Memphis, TN 38109
/9
$144,900
- 3 Beds
- 2 Baths
- 1,000+ Sq Ft
5647 Maple Tree Dr, Memphis, TN 38115

DO NOT DISTURB TENANTS. DRIVE BY ONLY, INTERIOR INSPECTION ONLY AFTER A FULLY BOUND CONTRACT IS IN PLACE, AS IS SALE ,3 BEDROOM 2 BATH . TENANT IS MONTH TO MONTH , RENT IS $1200

Ana Dohogne KAIZEN Realty, LLC

5647 Maple Tree Dr, Memphis, TN 38115
/12
$82,900
- 2 Beds
- 2 Baths
- 1,000+ Sq Ft
3970 Grahamdale Cir Unit 3970A, Memphis, TN 38122

Great condo in Grahamwood Condominiums for owner occupant or investor to add to their portfolio. Complex has inviting neighborhood pool and lovely park like grounds. Great kitchen with breakfast bar over looking living and dining room. Living features fireplace and sliding doors to your private fenced in patio. Upstairs has two nice size bedrooms with plenty of closet space. You will also have

Ben Strauch Skyline Realty

3970 Grahamdale Cir Unit 3970A, Memphis, TN 38122
/4
$5,000
- Land
- 0.21 Acre
- $23,810 per Acre
0 Durham Ave, Memphis, TN 38127

Great opportunity for investor/builder. Listed below appraised value. Lots 03 and 04 available.

Brittan Robbins Real Broker

0 Durham Ave, Memphis, TN 38127
/10
$93,000
- 2 Beds
- 1 Bath
- 600+ Sq Ft
361 Jacklyn Ave, Memphis, TN 38106

Great investment property. Motivated seller. Perfect for first time homeowner.

Cynthia Edwards Grand Point Realty, LLC

361 Jacklyn Ave, Memphis, TN 38106
/31
$149,900
- 3 Beds
- 2 Baths
- 1,400+ Sq Ft
4472 Cedar Ridge Ln, Memphis, TN 38128

Spacious and inviting 3 bedroom, 2 bath home featuring generously sized rooms and a versatile, open layout. Neutral colors throughout offer a clean, modern backdrop ready for your personal touch. Low-maintenance flooring in main living areas provides both durability and style. The kitchen boasts ample countertop space, perfect for meal prep, entertaining, or everyday living. A comfortable,

Camela Henke Enterprise, REALTORS

4472 Cedar Ridge Ln, Memphis, TN 38128
/14
$84,900
- 3 Beds
- 1 Bath
- 1,000+ Sq Ft
2811 Carnes Ave, Memphis, TN 38114

This awesome rental in Orange Mound just got fixed up! It's currently on the market for rent as well. Close to Melrose High and only minutes from major roads, it's a great potential addition to your portfolio! Orange Mound has attracted flippers and turnkey companies for several years now, so values and rents are climbing well. Grab your Agent and go check it out for yourself. Seller is

Randall Weatherall Memphis Metro Realty

2811 Carnes Ave, Memphis, TN 38114
/2
$129,900
- 3 Beds
- 1 Bath
- 1,400+ Sq Ft
2714 Nix Cove, Memphis, TN 38127

Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $1,250/month. Currently on month to month. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

Dean Harris CrestCore Realty MphsBrokerage

2714 Nix Cove, Memphis, TN 38127
/10
$94,900
- 3 Beds
- 1 Bath
- 800+ Sq Ft
1591 Michael St, Memphis, TN 38111

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

1591 Michael St, Memphis, TN 38111
/9
$79,900
- 3 Beds
- 1 Bath
- 1,000+ Sq Ft
3170 Harvester Ln, Memphis, TN 38127

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

3170 Harvester Ln, Memphis, TN 38127
/8
$117,900
- 2 Beds
- 2 Baths
- 1,000+ Sq Ft
1869 S Lauderdale St, Memphis, TN 38106

Turnkey Investment Opportunity! This beautifully updated single-family home is leased to a dependable long-term tenant at $1,000/month through June 2026. Renovations completed in April 2022 include a brand new roof, AC condenser, furnace & A-coil, water heater, plus a modern kitchen and remodeled bathrooms. Professionally managed with well-documented maintenance and tenant history. Showings with

Jeremy Veldman KAIZEN Realty, LLC

1869 S Lauderdale St, Memphis, TN 38106
/15
$149,900
- 1 Bed
- 1 Bath
- 1,000+ Sq Ft
871 Creekside Dr Unit 407, Memphis, TN 38117

Looking for a move-in ready, quiet one bedroom condo in gated community? This may be what you are looking for. Tucked away in a private area of the complex this private one bedroom, one bath offers a spacious den, separate dining room, airy kitchen and updated bath, generously sized primary bedroom with two closets, private balcony with wooded view. Low maintenance fees, community swimming

Anna-Grace Williams Adaro Realty, Inc.

871 Creekside Dr Unit 407, Memphis, TN 38117
/19
$114,900
- 3 Beds
- 1 Bath
- 800+ Sq Ft
4264 Double Tree Rd, Memphis, TN 38109

Perfect for investor or homebuyer . Beautifully renovated 3bed, 1bath gem on a large corner lot, perfect for homebuyers or investors. Step into move in ready living with a bright open layout, updated kitchen, and modern finishes throughout. The oversized yard offers endless potential for entertaining, gardening, or future expansion. Located in a quiet, convenient neighborhood close to schools,

Cali Neal KAIZEN Realty, LLC

4264 Double Tree Rd, Memphis, TN 38109
/12
$147,050
- 4 Beds
- 1.5 Baths
- 1,600+ Sq Ft
578 N Hollywood St, Memphis, TN 38112

DO NOT DISTURB TENANT. CALL FOR SHOWING. Tenant vacating 7/30. Large classic New Orleans style home...in move in condition! 5 bedrooms and 1.5 baths with a remodeled kitchen and baths. Central air and furnace and water heater. Currently rented for $1200 per month. Great family home or income producing property. SPECIAL FINANCING available--up to $25,000 (see attachment for details).

Jimmie Tapley Crye-Leike, Inc., REALTORS

578 N Hollywood St, Memphis, TN 38112
/11
$132,900
- 3 Beds
- 1 Bath
- 1,000+ Sq Ft
2232 Amethyst Cove, Memphis, TN 38127

This investment opportunity features 3 bedrooms and 1 bath. Home comes fully renovated with fresh paint throughout, new kitchen countertops, new cabinet hardware, new plumbing fixtures, central air and heat etc. Great property for an investor/renter.

Jennifer Little KAIZEN Realty, LLC

2232 Amethyst Cove, Memphis, TN 38127
/2
$5,500
- Land
- 0.08 Acre
- $68,750 per Acre
927 Crockett Place, Memphis, TN 38107

UPTOWN LOT Ready to go!! Nice and flat with utilities at the road ready to build. Lots of new developments and property improvements going on in this area. Less than 10 minutes from downtown and convenient to I-40. Swing by anytime and take a look!

Brad Beall Crye-Leike, Inc., REALTORS

927 Crockett Place, Memphis, TN 38107
/12
$115,000
- 3 Beds
- 1 Bath
- 1,000+ Sq Ft
950 Melrose St, Memphis, TN 38114

Grab this one before its gone. Limited renovations needed.

Cynthia Edwards Grand Point Realty, LLC

950 Melrose St, Memphis, TN 38114
/7
$47,500
- 2 Beds
- 1 Bath
- 600+ Sq Ft
1935 Dupont Ave, Memphis, TN 38127

2-bedroom 1 bath home that needs a little TLC. Home is being sold as is where is.

Fred Sengstacke KAIZEN Realty, LLC

1935 Dupont Ave, Memphis, TN 38127
/10
$135,000
- 1 Bed
- 1 Bath
- 1,306 Sq Ft
1450 Oaklawn St, Memphis, TN 38114

DUPLEX! RENTED BOTH SIDES- $1425.00. Duplex in growing 38114. New roof, Exterior Paint, New wood fence, HVAC condensers, Full interior remodel, New Kitchen and Bath. Excellent addition to your rental portfolio, excellent cash flow.

Brett Bernard The Stamps Real Estate Company

1450 Oaklawn St, Memphis, TN 38114
/4
$42,000
- 2 Beds
- 1 Bath
- 600+ Sq Ft
1050 Dawes Ave, Memphis, TN 38108

Investors, here is your next project. This property has new kitchen cabinets, roof was replaced on 2011, new tub installed in the bathroom, original hardwood floors, no central hvac, window units.

Silvana Piadade eXp Realty, LLC

1050 Dawes Ave, Memphis, TN 38108
/23
$86,500
- 2 Beds
- 1.5 Baths
- 1,000+ Sq Ft
5531 Quail Thicket Dr, Memphis, TN 38134

This awesome professionally managed turnkey rental opportunity with upside potential is a 2 bedroom, 1 1/2 bathroom home featuring a living room and huge den that opens into the sunroom and onto the private fenced patio out back, great for entertaining. Both bedrooms are upstairs, along with 1 full shared bathroom. With all new siding and wood outside, along with fresh paint, exterior maintenance

Haydn Wiseman Cahltrep Realty, LLC

5531 Quail Thicket Dr, Memphis, TN 38134
/3
$85,000
- 2 Beds
- 1 Bath
- 1,200+ Sq Ft
3482 Hadley Rd, Memphis, TN 38111

Professionally managed, tenant occupied property with many recent updates. Currently rented for $895/mo. Lease, ledger, and repair history available upon request. This could be a great long term rental and an excellent addition to your investment portfolio. Seller have spent over $15K in repairs/upgrades in the last 3 years on the property. No showings without an accepted offer. Sellers are

Tyler Tapley Crye-Leike, Inc., REALTORS

3482 Hadley Rd, Memphis, TN 38111
/7
$125,000
- 3 Beds
- 1 Bath
- 800+ Sq Ft
3276 Ashland St, Memphis, TN 38127

Status: Fully rehabbed and ready for tenants, this property features freshly painted gray porch and stairs, driveway crack repair, cleared landscaping, and fence and stump removal. Exterior wood, lighting, and crawl space fencing have been repaired. Inside, enjoy all-new flooring with subfloor repairs, drywall and cabinet updates, door and window lock repairs, and painted/tuned kitchen cabinets.

James Wachob Foundation Property Management

3276 Ashland St, Memphis, TN 38127
/10
$152,900
- 3 Beds
- 2 Baths
- 1,000+ Sq Ft
3141 Danville Rd, Memphis, TN 38118

Tenant in place with instant cash flow! Fully renovated and move-in ready, this home offers strong rental appeal with a new mailbox and yard trim, full exterior paint (excluding brick), black shutters, and smart locks. Updates include a new 30-year roof, repaired wood and siding, framed porch, new garage door, exterior lighting, and door weather stripping. Inside features fresh gray and white

James Wachob Foundation Property Management

3141 Danville Rd, Memphis, TN 38118
/5
$85,000
- 2 Beds
- 1 Bath
- 600+ Sq Ft
1428 Smythe Ave Unit 58, Memphis, TN 38114

Welcome to 1428 Smythe Avenue—a well-maintained 2-bedroom, 1-bath home offering comfort, charm, and functionality. This tenant-occupied property presents a great opportunity for both homeowners and investors, with potential for immediate rental income or future occupancy. Enjoy original hardwood floors, air conditioning and heat, ceiling fans, window coverings, and laundry hookups. The kitchen is

James Wachob Foundation Property Management

1428 Smythe Ave Unit 58, Memphis, TN 38114
/7
$152,000
- 4 Beds
- 2 Baths
- 1,400+ Sq Ft
5091 Cottonwood Rd, Memphis, TN 38118

The property has been updated with a new mailbox and house numbers, black iron paint, concrete crack repairs, curb repainting, and screen removal. Yard cleanup included mowing, trimming, and fence repairs. Interior updates feature full white painting, drywall repairs, and replacement of doors, trim, light fixtures, and appliances. Smart locks, new lighting, and plumbing fixtures were installed

James Wachob Foundation Property Management

5091 Cottonwood Rd, Memphis, TN 38118
/18
$79,000
- 2 Beds
- 1 Bath
- 1,073 Sq Ft
2369 Arlington Ave, Memphis, TN 38114

Investortunity! Hello this would make an excellent addition to anyone's rental portfolio, or great investment into your future as first time home buyer! Don't miss out on this gem Hard wood floors through out and excellent bonus space that could be used as 3rd bedroom don't wait call today for your personal Showing

Jim Stoneburner Honors Real Estate Services LLC

2369 Arlington Ave, Memphis, TN 38114

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