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

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  /16

  $115,900

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

  1148 Rozelle St, Memphis, TN 38106

  Move in ready 3/1 that backs up to Glenview Park! Close to to Cooper-Young! Vacant, easy to show! No owner/creative financing.

  Caleb Parr Renshaw Company, REALTORS

  1148 Rozelle St, Memphis, TN 38106
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  /8

  $85,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  1493 Ragan St, Memphis, TN 38106

  PRICE REDUCTION This is a beautiful brick starter home for your family. Home features 2 bedrooms, living room dining room combo, updated bath, updated kitchen, large back yard, nice enclosed front porch, fenced back yard and single carport with storage space Home is sold "AS IS" Call Broker Bay for appointment

  Greta Jones KAIZEN Realty, LLC

  1493 Ragan St, Memphis, TN 38106
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  /10

  $109,000

  • 3 Beds
  • 1 Bath
  • 882 Sq Ft

  580 Blackhawk Rd, Memphis, TN 38109

  Wonderful home for sell at a great price. Well maintained three bedroom one bathroom home in a great location. This home features NO carpet, large back yard, vinyl and tile flooring throughout, low maintenance brick exterior, modern light fixtures and so much more. Book your tour today! This would make a lovely home or wonderful investment property! Seller also has 3043 Coleman Ave for sell.

  William Haynes Crye-Leike, Inc., REALTORS

  580 Blackhawk Rd, Memphis, TN 38109
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  /11

  $90,000

  • 2 Beds
  • 1 Bath
  • 813 Sq Ft

  3043 Coleman Ave, Memphis, TN 38112

  Great home at a great price! This home features hardwood floors, two bedrooms, a large kitchen, a detached garage, a great location, no carpet and a ton of charm! Book your tour today for this great opportunity. This would make a wonderful home or investment property. Seller also has 580 Blackhawk Rd available for sell.

  William Haynes Crye-Leike, Inc., REALTORS

  3043 Coleman Ave, Memphis, TN 38112
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  /5

  $80,000

  • 2 Beds
  • 1 Bath
  • 600+ Sq Ft

  1428 Smythe Ave Unit 58, Memphis, TN 38114

  OWNER FINANCING AVAILABLE!! 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

  James Wachob Foundation Property Management

  1428 Smythe Ave Unit 58, Memphis, TN 38114
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  /2

  $149,900

  • 3 Beds
  • 2 Baths
  • 1,286 Sq Ft

  4566 Fawn Hollow Cove, Memphis, TN 38141

  Motivated seller offering an occupied, income-producing investment property—currently rented at $1,425/month with an active lease through 9/30/2026. Available individually or as part of a portfolio with strong-performing assets. 4305 Creekbed Cv. listed at $155,000 rented at $1169 and 4529 Country Brook Dr. listed at $150,000 and rented at $1350. Sold AS-IS. Do not disturb tenant. Inspection

  James Johnson Crestcore Realty, LLC

  4566 Fawn Hollow Cove, Memphis, TN 38141
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  /35

  $129,900

  • 3 Beds
  • 2 Baths
  • 1,280 Sq Ft

  3372 Spring Shadow Dr, Memphis, TN 38118

  Contemporary 3-bedroom, 2-bathroom ranch in the established Easthaven community. This move-in-ready 1,316 sq. ft. home features a functional open layout, cozy stone fireplace, and a private 1-car garage. Situated on a manageable 0.18-acre lot with a timeless partial-stone exterior. Ideal for those seeking a blend of classic Memphis charm and modern convenience. Schedule your showing today!

  Alexis Martz Trelora Realty

  3372 Spring Shadow Dr, Memphis, TN 38118
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  /2

  $30,000

  • Land
  • 5,227 Sq Ft
  • $250,000 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
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  /13

  $119,000

  • 4 Beds
  • 1 Bath
  • 1,052 Sq Ft

  1889 Marjorie St, Memphis, TN 38106

  Recently updated 4 bedroom, 1 bath home in a great location. Do not miss out on this opportunity!

  Marissa Miller The Stamps Real Estate Company

  1889 Marjorie St, Memphis, TN 38106
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  /5

  $67,999

  • 2 Beds
  • 1 Bath
  • 674 Sq Ft

  2059 Rile St, Memphis, TN 38109

  Owner/Agent – Investor Special! Turnkey rental tenant occupied paying $997/month and is month to month. This beautifully renovated 2-bedroom home features brand new vinyl flooring, updated lighting, central air & heating system, a new water heater, and a fenced-in yard. A solid investment opportunity with guaranteed income from day one! Showings with an accepted offer. Seller will not consider

  Victoria Brown 4 Success Realty, LLC

  2059 Rile St, Memphis, TN 38109
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  /11

  $139,900

  • 4 Beds
  • 2 Baths
  • 1,357 Sq Ft

  1507 Oakwood St, Memphis, TN 38108

  1507/1509 Oakwood - Turnkey Duplex Investment Opportunity Well-maintained and recently updated duplex offering immediate income potential. One side is currently rented at $775/month, and the other side is vacant with a prospective tenant expected to move in within the next couple of weeks at approximately $800/month. This property has been fixed up and is positioned for strong cash flow with

  Jonathan Nunez Fast Track Realty, LLC

  1507 Oakwood St, Memphis, TN 38108
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  /14

  $129,900

  • 3 Beds
  • 2 Baths
  • 1,619 Sq Ft

  6173 Blue Willow Cove, Memphis, TN 38141

  Brick 3 Bedroom 2 Bath in Ridgeway Estates~~ Very big Vaulted Greatroom with fireplace ~~Close to Schools and shopping~~Eat in kitchen ~~laundry room~~Will not go FHA~~Nice yard~~

  Scott Housewirth Crye-Leike Inc., REALTORS

  6173 Blue Willow Cove, Memphis, TN 38141
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  /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
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  /2

  $5,000

  • Land
  • 3,049 Sq Ft
  • $71,429 per Acre

  0 S 3rd St, Memphis, TN 38103

  Commercial Lot/Land available, great business opportunity. Can be sold together with MLS #'s 10199306,10199303,10198754,10199299

  Jeff Goff Keller Williams

  0 S 3rd St, Memphis, TN 38103
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  /2

  $115,000

  • 2 Beds
  • 1 Bath
  • 816 Sq Ft

  3517 N Watkins St, Memphis, TN 38127

  Investment opportunity. 3 bedr. 1 bath. .$1,450 per month rent

  Harry Samuels Pinnacle Realty

  3517 N Watkins St, Memphis, TN 38127
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  /2

  $84,000

  • 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
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  /2

  $78,800

  • Land
  • 7,405 Sq Ft
  • $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
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  /2

  $90,000

  • Land
  • 10,890 Sq Ft
  • $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
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  /2

  $8,000

  • Land
  • 3,484 Sq Ft
  • $100,000 per Acre

  739 Mississippi Blvd Unit 42, 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

  739 Mississippi Blvd Unit 42, Memphis, TN 38126
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  /14

  $102,500

  • 3 Beds
  • 1 Bath
  • 1,222 Sq Ft

  1450 Lambert St, Memphis, TN 38108

  INvestor Alert! An awesome opportunity to add to your portfolio. This cozy home spans 1,222 square feet and features three bedrooms and one bathroom, offering ample living space without breaking the bank. Located at the quiet end of a cove, the property promises a peaceful living environment, a single-family house available for purchase, ideally suited for buyers looking for a budget-friendly

  James Johnson KAIZEN Realty, LLC

  1450 Lambert St, Memphis, TN 38108
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  /28

  $125,000

  • 1 Bed
  • 1 Bath
  • 741 Sq Ft

  1960 N Parkway Unit 205, Memphis, TN 38112

  Amazing Remodeled Unit on the Second Floor!!!! Beautifully Designed One Bedroom condo Furnished, and Offers a perfect blend of Space, Natural Light, Convenience, and Effortless Urban Living! New Flooring, Updated Kitchen Surfaces, Oven, Dishwasher, Updated Bathroom! Has HUGE Walk In Closet and Spacious Bedroom!!! The Maintenance Fee includes Water and Electric, Building Insurance, 24/7 Access

  Bill Malone Crye-Leike, Inc., REALTORS

  1960 N Parkway Unit 205, Memphis, TN 38112
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  /12

  $60,000

  • 2 Beds
  • 1 Bath
  • 810 Sq Ft

  105 N Belvedere Blvd Unit 6, Memphis, TN 38104

  Awesome opportunity in Midtown for an investor or owner occupant! This second-story condo features gas cooking and in-unit washer and dryer. For those looking for an investment property, this unit was previously rented for $1,075 per month. PACKAGE OPPORTUNITY! Seller would consider selling with: 45 N Belvedere #108, tenant occupied paying $550 per month on a month-to-month lease listed for $40k;

  Lauren Waites Real Estate Agency

  105 N Belvedere Blvd Unit 6, Memphis, TN 38104
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  /7

  $99,900

  • 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
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  /2

  $20,000

  • Land
  • 16,552 Sq Ft
  • $52,632 per Acre

  0 Linwood Rd, Memphis, TN 38116

  Michelle Shelton The Peyton Co., Inc., REALTORS

  0 Linwood Rd, Memphis, TN 38116
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  /22

  $145,000

  • 11 Beds
  • 3,780 Sq Ft

  249 Caldwell Ave, Memphis, TN 38107

  No showings without an accepted offer. Offers must be contingent upon inspections. Please do not disturb tenants. Property is family occupied; no leases available. Cash or Conventional financing only. Property sold AS-IS, will be delivered vacant. Originally 8 - 1BR/1-BA units, now believed to be reconfigured into 2 units (3BR/2BA), 2 units (2BR/2BA), and 1 unit (1BR/1BA). Buyer to verify unit

  Cynthia Murrell The Regal Group

  249 Caldwell Ave, Memphis, TN 38107
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  /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
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  /10

  $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
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  /6

  $75,000

  • 3 Beds
  • 2 Baths

  1399 Michigan St, Memphis, TN 38106

  Attention investors! This residential property is now available being sold as-is. This property offer strong value-add potential for fix-and-flip, rental portfolios, or long-term hold strategies. The following properties can be bought at a discounted rate: 1393 Michigan St 1399 Michigan St 1401 Michigan St Buy one or bundle all three for a potential discounted package deal. Highlights: • Sold

  Evelyn McCormick C21 Patterson & Assoc. Real Es

  1399 Michigan St, Memphis, TN 38106
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  /2

  $9,000

  • Land
  • 5,227 Sq Ft
  • $75,000 per Acre

  258 Gaston Ave Unit 6, 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

  258 Gaston Ave Unit 6, Memphis, TN 38106
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  /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 4973 Longtree, 4395 Ann Arbor, and 80 E. Bodley

  Tyler Tapley Crye-Leike, Inc., REALTORS

  599 Blackhawk Rd, Memphis, TN 38109
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  /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
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  /10

  $115,000

  • 3 Beds
  • 2 Baths
  • 1,130 Sq Ft

  3534 Marion Ave, Memphis, TN 38111

  Incredible investment opportunity available with huge potential upside! Market rent is over $1000 ARV is over 160k! 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 had significant rehab done in the past few years. This could be an amazing

  William Haynes Crye-Leike, Inc., REALTORS

  3534 Marion Ave, Memphis, TN 38111
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  /6

  $60,000

  • Land
  • 2,178 Sq Ft
  • $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
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  /34

  $94,900

  • 3 Beds
  • 2 Baths
  • 1,097 Sq Ft

  4067 Grantham Rd, Memphis, TN 38109

  Constructed in 1953, this 1,097 sqft single-story residence features a brick and vinyl exterior situated on a spacious 0.395-acre corner lot. The interior floor plan includes 3 bedrooms and 2 bathrooms, highlighted by original hardwood flooring throughout the main living areas and bedrooms. The kitchen provides a functional workspace and includes a 6x9 breakfast nook, which leads to a dedicated

  Tiffany Jones Trelora Realty

  4067 Grantham Rd, Memphis, TN 38109
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  /32

  $79,900

  • 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
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  /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
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  /11

  $149,900

  • 2 Beds
  • 1 Bath
  • 1,015 Sq Ft

  2634 Harvard Ave, Memphis, TN 38112

  TENANT OCCUPIED. Welcome to your dream home in East Memphis-Colonial-Yorkshire! This 2-bedroom, 1-bath rental offers stylish, modern living with beautiful wood plank flooring throughout. The updated kitchen features quartz countertops, white shaker cabinets, and stainless steel appliances. The bathroom showcases marble-style tile, quartz counters, and designer lighting. Energy-efficient systems

  Joshua Moss KAIZEN Realty, LLC

  2634 Harvard Ave, Memphis, TN 38112
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  /9

  $90,000

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

  679 Miles Dr, Memphis, TN 38111

  Great Investment Opportunity! Gated Community! 2 Bedroom Townhouse. Common Laundry Room. 2 Blocks from the University of Memphis. 1 Block from the Highland Strip with Food, Bars & Shopping. Cosmetic work needed, but a Steal at this Price. Sold "as is". Other properties available for a possible package deal.

  Danny Lipsey Keller Williams

  679 Miles Dr, Memphis, TN 38111
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  /2

  $22,000

  • Land
  • 7,840 Sq Ft
  • $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

  $9,000

  • Land
  • 11,761 Sq Ft
  • $33,333 per Acre

  1303 S Orleans 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

  1303 S Orleans St, Memphis, TN 38106

Showing Results 401 - 440, Page 11 of 18