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

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  /7

  $135,000

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

  867 E Alcy Rd, Memphis, TN 38106

  Improved 2.16 acres featuring utilities in place, elevated terrain, and partial clearing, located in a private, quiet rural area just minutes from Graceland and major interstate access—a rare combination of peaceful seclusion and prime connectivity.

  Tina Dugan Keller Williams

  867 E Alcy Rd, Memphis, TN 38106
• 

  

  /2

  $8,500

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

  0 Douglass Ave, Memphis, TN 38114

  Vacant lot! Seller's motivated. Thanks for showing.

  Eddie Parker Crye-Leike, Inc., REALTORS

  0 Douglass Ave, Memphis, TN 38114
• 

  

  

  /6

  $88,000

  • Land
  • 0.32 Acre
  • $275,000 per Acre

  8215 Shady Fern Cove, Cordova, TN 38018

  Nice lovely lot in a cove. Location right off Walnut Grove. No HOA

  Ralph Harvey List With Freedom.Com, Inc.

  8215 Shady Fern Cove, Cordova, TN 38018
• 

  

  

  /12

  $85,000

  • 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
• 

  

  

  /15

  $103,000

  • 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

  $29,900

  • 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
• 

  

  /19

  $119,900

  • 3 Beds
  • 1.5 Baths
  • 1,160 Sq Ft

  1270 Chickamauga Ave, Memphis, TN 38109

  Lovely 3 bedroom 1 and a half bathroom brick home all one one level! This home was just rehabbed in 2026 and is ready for a new owner! Wonderful home with new interior paint, low maintenance flooring, with excellent floor plan including: den, dining room, large laundry room, and open kitchen concept (perfect for entertaining). This home has an extra large primary bedroom with private half

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1270 Chickamauga Ave, Memphis, TN 38109
• 

  

  /9

  $149,774

  • 3 Beds
  • 2 Baths
  • 1,098 Sq Ft

  4355 Cleopatra Dr, Memphis, TN 38128

  Updated 3 bedroom / 2 bath single story home with fireplace in living room & great backyard! Fresh interior & exterior paint with new Luxury Plank Vinyl flooring. New roof in 2024. Updated & move-in ready!

  Phillip Kemp Reed & Associates of Tenn, LLC

  4355 Cleopatra Dr, Memphis, TN 38128
• 

  

  /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
• 

  

  /17

  $110,000

  • 2 Beds
  • 1 Bath
  • 834 Sq Ft

  1580 Marianna St, Memphis, TN 38114

  HVAC TO BE INSTALLED BEFORE CLOSING. GREAT FOR INVESMENT OR OWNER OCUPPIED. EASY TO SHOW. LET'S MAKE A DEAL!!!!

  Landra Pryor Crye-Leike, Inc., REALTORS

  1580 Marianna St, Memphis, TN 38114
• 

  

  /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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  /2

  $7,500

  • Land
  • 0.07 Acre
  • $107,143 per Acre

  1417 N Bellevue Blvd, Memphis, TN 38107

  Nice lot! Come build your new house!

  Myles Wilson Keller Williams

  1417 N Bellevue Blvd, Memphis, TN 38107
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  /16

  $130,000

  • 3 Beds
  • 1 Bath
  • 911 Sq Ft

  3323 Henry Ave, Memphis, TN 38122

  Move in ready and thoughtfully updated, this charming home offers peace of mind with a five year roof and an HVAC system approximately six years old. Inside, the hardwood floors have been professionally refinished, restoring their natural beauty and warmth. Exterior improvements include all new siding, a welcoming front porch, and fresh interior and exterior paint that give the home a clean and

  Arath Luevano Fast Track Realty, LLC

  3323 Henry Ave, Memphis, TN 38122
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  /2

  $7,000

  • 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

  $140,000

  • 4 Beds
  • 2 Baths
  • 1,593 Sq Ft

  3196 Princeton Ave, Memphis, TN 38112

  Great opportunity to own an income-producing duplex! 2-bed/1-bath on each side currently renting for $750/unit. Conventional, VA, and FHA offers are welcome; tenant-occupied; showing allowed only after offer acceptance. DO NOT DISTURB TENANTS

  Kim Harper Groome & Co.

  3196 Princeton Ave, Memphis, TN 38112
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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
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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

  $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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  /6

  $40,000

  • Land
  • 0.4 Acre
  • $100,000 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
• 

  /2

  $90,000

  • 3 Beds
  • 1 Bath
  • 1,038 Sq Ft

  3203 Seminole Rd, Memphis, TN 38111

  Investor opportunity! Charming 2-bedroom, 1-bath single-family home on a large lot in Memphis (38111). Property currently tenant-occupied — do not disturb. Sold AS-IS, no showings. Perfect for investors or buyers looking for a renovation project. Buyer to verify all information including square footage, lot size, and property condition.

  Kayla Luu eXp Realty, LLC

  3203 Seminole Rd, Memphis, TN 38111
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  /2

  $28,000

  • Land
  • 0.13 Acre
  • $215,385 per Acre

  2646 Deadrick Ave, Memphis, TN 38114

  Bring all reasonable offers!

  Joye Martin Miller Martin Realty

  2646 Deadrick Ave, Memphis, TN 38114
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  /8

  $130,000

  • 2 Beds
  • 2.5 Baths
  • 1,404 Sq Ft

  781 Chatwood Cove, Memphis, TN 38122

  Conveniently located duplex with two 2-bedroom, 1.5-bath units, both currently occupied. Great investment opportunity! Combined or individual offers on the units are welcome.

  John Quinn REMAX Experts

  781 Chatwood Cove, Memphis, TN 38122
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  /13

  $58,900

  • 1 Bed
  • 1 Bath
  • 600+ Sq Ft

  2277 Union Ave Unit 304, Memphis, TN 38104

  Price Reduction, great price plus seller will give $2000 for updates! Looking for condo living at an affordable price? Here it is! This one-bedroom condo has lots of amenities: a meeting room downstairs with a kitchen available to owners for parties or meetings, spa, pool, downstairs laundry, guest bathrooms, 2 lobbies to hang out in. Owner parking and additional parking for guests. Keith Collins

  Vanessa Marshall BenchMark REALTORS, LLC

  2277 Union Ave Unit 304, Memphis, TN 38104
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  /2

  $94,900

  • 2 Beds
  • 1 Bath
  • 844 Sq Ft

  2741 Margot St, Memphis, TN 38118

  Fantastic investment opportunity in the Shelby area. This 2br/1 bath single-family home is in the 38118 area. Cash flowing with a monthly rental amount of $995/month. The lease ends on 8/31/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted. Seller is only interested in selling the properties as a package. (3304 Sweet

  Dean Harris CrestCore Realty MphsBrokerage

  2741 Margot St, Memphis, TN 38118
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  /17

  $74,900

  • 4 Beds
  • 1 Bath
  • 1,100 Sq Ft

  1367 Hyde Park Blvd, Memphis, TN 38108

  Affordable 4-bedroom home with plenty of charm and potential! Inside, you’ll find a comfortable floor plan ready for your finishing touches. Perfect for those looking to invest, downsize, or personalize their next home. Don’t miss the opportunity to make it your own!

  Jonathan Nunez Fast Track Realty, LLC

  1367 Hyde Park Blvd, Memphis, TN 38108
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  /7

  $129,900

  • 3 Beds
  • 1 Bath
  • 1,086 Sq Ft

  2436 Chattering Ln, Memphis, TN 38127

  Excellent Turnkey Investment Opportunity! This beautifully renovated 3 bedroom, 1 bathroom home was fully updated in 2023 and offers true peace of mind for any investor. Major improvements include a brand-new roof, HVAC system, and water heater—ensuring long-term durability and low maintenance costs. Inside, the home features modern and stylish updates throughout, creating an attractive living

  Jeff Goff Keller Williams

  2436 Chattering Ln, Memphis, TN 38127
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  /2

  $150,000

  • Land
  • 1.26 Acres
  • $119,048 per Acre

  5105 Pleasant View Rd, Memphis, TN 38134

  Terrance Hill eXp Realty, LLC

  5105 Pleasant View Rd, Memphis, TN 38134
• 

  

  /13

  $145,000

  • 5 Beds
  • 1.5 Baths
  • 1,580 Sq Ft

  5235 Braden Dr, Memphis, TN 38127

  5-bedroom, 1.5-bath home delivers a layout that’s hard to find in today’s market. With multiple bedrooms, this property offers flexibility for large households, multigenerational living, home offices, or income-producing strategies Whether you’re a homeowner looking for room to grow or an investor seeking a high-bedroom-count property with strong rental potential, this home checks the boxes.

  Tia Jennings Keller Williams

  5235 Braden Dr, Memphis, TN 38127
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  /2

  $41,000

  • 3 Beds
  • 1 Bath
  • 1,143 Sq Ft

  1212 Capital Ave, Memphis, TN 38107

  Historic brick home, formerly a boarding house with 4 bedrooms. Needs full renovation. Solid structure and great potential. No Wholesalers, No Seller Finance !

  Virgil Pryor Harris Realty Services

  1212 Capital Ave, Memphis, TN 38107
• 

  

  /9

  $130,000

  • 4 Beds
  • 2 Baths
  • 1,600+ Sq Ft

  1105 N Watkins St, Memphis, TN 38107

  4 beds/ 2 bath..Perfect for Investor...could be single residence and/or duplex...no blind offers

  Mae Moore Grand Point Realty, LLC

  1105 N Watkins St, Memphis, TN 38107
• 

  /2

  $20,000

  • Land
  • 0.11 Acre
  • $181,818 per Acre

  933 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

  933 Tully St, Memphis, TN 38107
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  /15

  $92,000

  • 2 Beds
  • 1 Bath
  • 990 Sq Ft

  1755 Whitney Ave, Memphis, TN 38127

  TURNKEY RENTAL – $1,050/MO INCOME – 1-YEAR BUILDERS WARRANTY INCLUDED! Fully rehabbed inside and out, this 2 bed 1 bath property features a new roof, updated electrical panel, fresh exterior paint, new flooring, modernized kitchen and bathrooms, plus new HVAC, furnace, and hot water heater. Please Note: Tenant-occupied – DO NOT DISTURB. Showings/inspections only with accepted offer. No

  Brett Bernard The Stamps Real Estate Company

  1755 Whitney Ave, Memphis, TN 38127
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  /7

  $95,000

  • 2 Beds
  • 1 Bath
  • 100+ Sq Ft

  958 Semmes St, Memphis, TN 38111

  Investors Only! Tenant occupied property being marketed to investors. Professionally managed by Reedy & Company, lease, ledger, & repair history available upon request. Low maintenance vinyl siding exterior. This property was substantially rehabbed in late 2021 (big ticket items replaced) & rented at $900. This Turnkey property with a tenant would make a great addition to your investment

  Tyler Tapley Crye-Leike, Inc., REALTORS

  958 Semmes St, Memphis, TN 38111
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  /6

  $78,500

  • Land
  • 0.17 Acre
  • $461,765 per Acre

  494 Haynes St, Memphis, TN 38111

  Prime Corner Lot in Goodwyn Heights This well-maintained lot is cleared of overgrowth, including complete bamboo removal. Professionally trimmed trees and years of consistent mowing create a welcoming, park-like landscape. Zoned for single-family or duplex, the property offers excellent flexibility for your plans. A potential duplex layout is available in the documents. Note: A branch that has

  Darya Koplin BHHS McLemore & Co., Realty

  494 Haynes St, Memphis, TN 38111

Showing Results 441 - 480, Page 12 of 18