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

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  /8

  $125,000

  • 2 Beds
  • 1.5 Baths
  • 1,369 Sq Ft

  3100 Signal St, Memphis, TN 38127

  ATTENTION INVESTORS! This 3 bedroom, 1 bathroom brick home was recently refreshed and is rented for $1,050/month. Lease is good until 11/30/2026. Tenant is current with rent and pays on time each month. Home features spacious den with fireplace, 1 car garage, walk up attic for convenient storage, large back yard, convenient location and many other amenities that will keep this home in consistent

  Jeremy Veldman KAIZEN Realty, LLC

  3100 Signal St, Memphis, TN 38127
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  /2

  $149,900

  $10K PRICE DROP

  • 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

  $109,900

  $20K PRICE DROP

  • 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!

  Thee Gaines Trelora Realty

  3372 Spring Shadow Dr, Memphis, TN 38118
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  /13

  $90,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 908 Sq Ft

  1023 Parkland Rd, Memphis, TN 38111

  Excellent opportunity for buyers seeking steady rental income $1,000/month rent | Lease ends 12/01/2026. Stable tenant, strong rental demand, and great passive income potential. Situated on a generous 0.25-acre lot, just minutes from the University of Memphis. Lease and Ledger available on request.

  Lakesha Lilly Leatherwood The Home Partners Realty

  1023 Parkland Rd, Memphis, TN 38111
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  /2

  $30,000

  $5K PRICE DROP

  • 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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  /15

  $42,000

  • 1 Bed
  • 1 Bath
  • 686 Sq Ft

  2868 Choctaw Ave, Memphis, TN 38114

  Investors! Welcome to a lovely 1 Bed/1 Bath rental that is cash flowing at $695 per month! Located close to entertainment and commerce, this neighborhood is prime for growth. The current lease is for $725/mo and runs through 10/31/2026, so don't miss this opportunity to expand your portfolio!

  Joshua Cooper Sowell, Realtors

  2868 Choctaw Ave, Memphis, TN 38114
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  /10

  $110,000

  $10K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,156 Sq Ft

  2100 Stovall Ave, Memphis, TN 38108

  Fully renovated home that is perfect for your next investment. Freshly painted, new floors, water heater, roof and many other upgrades. Schedule your showing today. Property is rented for $950

  Keino Spring Harris & Harris Realty Group

  2100 Stovall Ave, Memphis, TN 38108
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  /11

  $139,900

  $9K PRICE DROP

  • 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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  /12

  $122,000

  • 3 Beds
  • 2 Baths
  • 1,330 Sq Ft

  4109 Knob Dr, Memphis, TN 38127

  GREAT INVESTOR OPPORTUNITY!!! NEW ROOF, NEW PAIINT, NEW LIGHT FIXTURES, NEW HVAC, NW WATER HEATER, NEW FLOORING, AND MORE.

  Fredrick Cunningham Keller Williams

  4109 Knob Dr, Memphis, TN 38127
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  /14

  $129,900

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

  6173 Blue Willow Cove, Memphis, TN 38141

  FAILED OFFER~~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

  $95,000

  $14K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3696 Parfet Cove, Memphis, TN 38128

  Currently leased at $955 per month through 02/28/2027. Investor opportunity featuring a well-maintained 3-bedroom, 1-bath home with a functional single-level layout. This property offers a low-maintenance design, separate dining area, central heat and air, and a traditional floor plan that supports everyday living. The home appears to be in solid condition with good curb appeal and a clean,

  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

  $20K PRICE INCREASE

  • 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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  /29

  $130,000

  $30K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,198 Sq Ft

  3066 Redbud Rd, Memphis, TN 38109

  Investment opportunity with two separate units and strong rent potential!! Unit 3066 has been updated and is 3 bedrooms and 2 baths, offering increased livable space (Bonus Room) and higher rent capacity. Unit 3068 requires repairs and updates. After renovations, each unit is projected to lease for approximately $1,400–$1,550 per month with Section 8, based on current area rental rates. Property

  Donnie Morrow eXp Realty, LLC

  3066 Redbud Rd, Memphis, TN 38109
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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

  $20K PRICE DROP

  • 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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  /19

  $74,900

  • 3 Beds
  • 1 Bath
  • 1,142 Sq Ft

  3700 Ridgemont Rd, Memphis, TN 38128

  Step into this charming 1-story home featuring 3 bedrooms and a 1-car detached garage, ideally situated on a cul-de-sac. The functional floor plan offers comfortable living spaces with plenty of natural light and flexibility for everyday living. The cul-de-sac location provides added privacy and reduced traffic, making it a great place to enjoy the outdoors. With its inviting layout and excellent

  Vicki Testerman Mainstay Brokerage, LLC

  3700 Ridgemont Rd, Memphis, TN 38128
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  /2

  $8,950

  • Land
  • 6,969 Sq Ft
  • $55,938 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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  $153,000

  • 2 Beds
  • 1 Bath
  • 806 Sq Ft

  66 Monroe Ave Unit 304, Memphis, TN 38103

  Experience the best of Downtown Memphis living in this beautifully maintained condo in the historic Shrine Building. This 2-bedroom, 1-bath residence offers an open-concept layout with hardwood floors, a spacious kitchen with breakfast bar, and abundant natural light. Residents enjoy access to desirable amenities including a rooftop deck with Mississippi River views, fitness center, pool, sauna,

  Courtney Clark Keller Williams

  66 Monroe Ave Unit 304, Memphis, TN 38103
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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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  /2

  $58,000

  • Land
  • 6,969 Sq Ft
  • $362,500 per Acre

  5041 Carterville Place, Memphis, TN 38127

  FIVE residential parcels being offered as a package for only $58,000!! This package includes Properties located at: 301 Flynn Rd. Memphis 38109 5033 Carterville Pl. Memphis 38127 5041 Carterville Pl. Memphis 38127 2065 Pamela Dr. Memphis 38127 1229 Gausco Rd. Memphis 38106 (the two partials on Carterville are adjoining) This package presents a great opportunity for investors, builders or buyers

  Rolanda Smith eXp Realty, LLC

  5041 Carterville Place, Memphis, TN 38127
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  /10

  $126,000

  • 3 Beds
  • 1 Bath
  • 1,030 Sq Ft

  901 Chesterton Dr, Memphis, TN 38127

  This property is leased at $975 per month through 02/05/2027. Comprehensively renovated with a focus on durability and efficiency, this property offers strong long-term rental appeal. Key improvements include a new HVAC condenser, fully updated kitchen with new cabinetry and fixtures, repaired and refreshed flooring, and extensive interior drywall and paint work. Exterior upgrades feature full

  James Wachob Foundation Property Management

  901 Chesterton Dr, Memphis, TN 38127
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  /6

  $94,900

  • 3 Beds
  • 1 Bath
  • 1,061 Sq Ft

  3902 Edenburg Dr, Memphis, TN 38127

  This well-maintained 1963 residence features a comfortable layout, original character, and a spacious, fully-fenced backyard perfect for outdoor living. Conveniently located near major highways, shopping, and dining, this home is ready for your personal touch.

  Carl Purifoy Trelora Realty

  3902 Edenburg Dr, Memphis, TN 38127
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  /10

  $114,975

  $3K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,290 Sq Ft

  2574 Saint Elmo Ave, Memphis, TN 38127

  New Lease to begin on 07/15/2026 until 07/14/2027 at $1,100. This modernized 3-bedroom, 1.5-bath home offers immediate rental income. Features include hard-surface flooring, an updated kitchen with shaker-style cabinets, bright living areas, and a fenced backyard. Conveniently located near Southwest Tennessee Community College, Libertas School of Memphis, grocery stores, neighborhood parks, and

  James Wachob Foundation Property Management

  2574 Saint Elmo Ave, 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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  /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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  /20

  $150,000

  • 1 Bed
  • 1 Bath
  • 880 Sq Ft

  821 Merrywood Glen Unit 1, Memphis, TN 38117

  Move-in ready 1-bedroom, 1-bath condo in the gated Audubon Square community in the heart of East Memphis. This low-maintenance unit features all-new wood flooring, fresh paint, ample closet space, and an updated bathroom with subway tile. Refrigerator and stack washer/dryer are included. Sliding glass doors open to a covered patio. Residents enjoy three pools, tennis courts, a clubhouse, walking

  John Moore Marx-Bensdorf, REALTORS

  821 Merrywood Glen Unit 1, Memphis, TN 38117
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  /6

  $129,900

  • 3 Beds
  • 1 Bath
  • 965 Sq Ft

  646 Leacrest Ave, Memphis, TN 38109

  You wouldn't be looking at this if you weren't searching for a new home—and congratulations, you may have just found it. Welcome to this refreshed 3-bedroom, 1-bath home in Chickasaw Village, offering the perfect blend of comfort, value, and opportunity. Whether you're a first-time homebuyer or an expanding family looking for more space, this move-in ready home is ready for its next chapter.

  Laszlo Nguyen Heckler eXp Realty, LLC

  646 Leacrest Ave, Memphis, TN 38109
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  $118,000

  • 1 Bed
  • 1 Bath
  • 676 Sq Ft

  109 N Main St Unit 710, Memphis, TN 38103

  Experience the best of downtown. Seller offering 6 months of HOA fees with an acceptable offer. This move-in-ready residence features recently installed hardwood flooring throughout and a fully renovated bathroom with a stylish vanity and tiled tub/shower combination. Enjoy the rare convenience of secure, attached parking with direct same-floor garage access. Take in peaceful northern views of

  Tracie Gaia BHHS McLemore & Co., Realty

  109 N Main St Unit 710, Memphis, TN 38103
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  /34

  $79,900

  $15K PRICE DROP

  • 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

  Carl Purifoy Trelora Realty

  4067 Grantham Rd, Memphis, TN 38109
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  /2

  $7,000

  $1K PRICE DROP

  • Land
  • 10,018 Sq Ft
  • $30,435 per Acre

  2005 S Dianne Cir, Memphis, TN 38114

  Land only, .23 /acre in Harlem Heights subdivision; Build your home in a thriving neighborhood! Call with questions.

  Rene stehle Keller Williams

  2005 S Dianne Cir, Memphis, TN 38114
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  /17

  $110,000

  $10K PRICE DROP

  • 4 Beds
  • 1 Bath
  • 1,158 Sq Ft

  741 E Trigg Ave, Memphis, TN 38106

  Meticulously renovated from top to bottom, this turnkey investment property is the perfect addition to any new or seasoned investor's portfolio. Nearly every major component has been updated, including a new roof, HVAC system and water heater, giving you peace of mind and minimal maintenance cost for years to come. The interior has been beautifully refreshed, creating a space tenants will love.

  Jacob Laurence Keller Williams

  741 E Trigg Ave, Memphis, TN 38106
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  /2

  $11,000

  • Land
  • 15,681 Sq Ft
  • $30,556 per Acre

  0 Woodlawn Terrace, Memphis, TN 38127

  Residential lot 56 with great potential in a convenient location. Buyer to verify zoning, utilities, and intended use. Lot 57 also for sale.

  Crystal Mitchell Renshaw Company, REALTORS

  0 Woodlawn Terrace, Memphis, TN 38127
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  /18

  $89,999

  $25K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 1,040 Sq Ft

  3080 Walnut Grove Rd Unit 306, Memphis, TN 38111

  Fantastic Condominium at The Commodore, a Midrise Condominium project. Midcentury vibes start as you drive in and enter into the beautifully designed lobby that welcomes your guest with great appeal. 3rd floor condominium facing the back of property for privacy and quietness w/ private balcony. 1 Bedroom 1 bath, great location. New bamboo wood flooring, New Paint and fixtures. Spa bathroom.

  John Brawner 1 Percent Lists Midsouth

  3080 Walnut Grove Rd Unit 306, Memphis, TN 38111
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  /2

  $20,500

  $15K PRICE DROP

  • Land
  • 7,840 Sq Ft
  • $113,889 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
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  /2

  $94,500

  • 3 Beds
  • 2.5 Baths
  • 1,366 Sq Ft

  5523 Quail Thicket Dr, Memphis, TN 38134

  Turnkey investment opportunity! This tenant-occupied 3-bedroom, 2.5-bath townhome is currently generating $1,200 per month in rental income, offering immediate cash flow for investors. Located in the established Quail Run Townhomes community, this approximately 1,365-square-foot home features a spacious two-story floor plan, a fireplace, covered parking, and a private fenced patio.

  Tanika Bland BEST Real Estate Company

  5523 Quail Thicket Dr, Memphis, TN 38134
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  /2

  $4,000

  • Land
  • 1,306 Sq Ft
  • $133,333 per Acre

  1645 Rayburn St, Memphis, TN 38106

  Excellent opportunity to build in Memphis! This cleared lot is priced to sell.

  Jonathan Minerick homecoin.com

  1645 Rayburn St, Memphis, TN 38106
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  /5

  $90,000

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 984 Sq Ft

  1353 Gill Ave, Memphis, TN 38106

  There is additional home on the property with 1bed/1bath kitchenette and living room.

  Donita Ingram-Brim Doorstep Realty

  1353 Gill Ave, Memphis, TN 38106

Showing Results 401 - 440, Page 11 of 18