Memphis, TN Homes under $154,000

/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
/9
$142,950
- 3 Beds
- 2 Baths
- 1,400+ Sq Ft
3585 Millard Rd, Memphis, TN 38109

Amazing Investment Opportunity! This is a FULLY renovated 3 bedroom 2 bath home with open living area. Updated kitchen, flooring, interior and exterior paint and much more! NEW EVERYTHING! Currently tenant occupied with monthly income of $1415. Simply take a look at the pictures of this project! This is perfect for the next investor to take advantage of a dependable tenant with immediate income!

Realis Sanders Keller Williams

3585 Millard Rd, Memphis, TN 38109
/2
$50,000
- Land
- 0.38 Acre
- $131,579 per Acre
951 N 7th St, Memphis, TN 38107

Great investment opportunity in an up and coming neighborhood.

Joshua Moss KAIZEN Realty, LLC

951 N 7th St, Memphis, TN 38107
/22
$140,000
- 2 Beds
- 1 Bath
- 1,400+ Sq Ft
686 Looney Ave, Memphis, TN 38107

This 2 bed, 1 bath home delivers the perfect mix of comfort, location, and long-term value just one minute from the heart of Downtown Memphis. Whether you're a first-time buyer or working at St. Jude or Bass Pro, this home places you right in the path of growth. With new construction, restaurants, and major development all around, the area is rapidly transforming. Built with quality materials and

Sabaria Dean Fast Track Realty, LLC

686 Looney Ave, Memphis, TN 38107
/7
$115,000
- 3 Beds
- 1 Bath
- 800+ Sq Ft
4503 Beacon Hill Dr, Memphis, TN 38127

Welcome to 4503 Beacon Hill Drive! This tenant-occupied 3-bedroom, 1-bath home features hard surface flooring throughout, a spacious living area, and a modern kitchen with large shaker cabinets. All bedrooms are on one level, with a separate dining area and central heat and air for year-round comfort. Enjoy a large fenced backyard and a driveway pad for off-street parking. Perfect for a first

James Wachob Foundation Property Management

4503 Beacon Hill Dr, Memphis, TN 38127
/10
$90,000
- 3 Beds
- 2 Baths
- 1,800+ Sq Ft
1577 Kendale Ave, Memphis, TN 38106

AS IS WHERE IS NO WARRANTY

Cynthia Murrell The Regal Group

1577 Kendale Ave, Memphis, TN 38106
/11
$50,000
- 3 Beds
- 1 Bath
- 800+ Sq Ft
2381 Lindbergh Rd, Memphis, TN 38114

Lovely 2 bedroom home with bonus room (that could be a third bedroom or office) that is being offered at a great price. Home needs some repairs but could be worth a lot of money once rehabbed. This could be a great primary residence or investment/rental property. ONLINE VIDEO AVAILABLE UPON REQUEST. Nice layout and some upgrades have already been done. Immediate occupancy available plus plenty

Tyler Tapley Crye-Leike, Inc., REALTORS

2381 Lindbergh Rd, Memphis, TN 38114
/15
$70,000
- 3 Beds
- 2.5 Baths
- 1,400+ Sq Ft
3218 Thirteen Colony Mall Unit 1A, Memphis, TN 38115

MULTIPLE PROPERTY PORTFOLIO CAN ONLY BE BOUGHT IN BULK, TOTAL PRICE IS 439.5K Four investment properties available. Seller is seeking bulk offers. 3218 Thirteen Colony Mall #1A -- 3 beds, 2.1 baths, currently rented at $895, lease expires 7/30/ 2026 recent repairs, in good condition, hoa is $225/mo. 1936 Frisco -- 3 beds, 1 bath, new roof and hvac in 2021, currently rented for $895/mo. 3789

Tyler Tapley Crye-Leike, Inc., REALTORS

3218 Thirteen Colony Mall Unit 1A, Memphis, TN 38115
/20
$75,000
- 3 Beds
- 1 Bath
- 1,200+ Sq Ft
1936 Frisco Ave, Memphis, TN 38114

MULTIPLE PROPERTY PORTFOLIO CAN ONLY BE BOUGHT IN BULK, TOTAL PRICE IS 439.5K Four investment properties available. Seller is seeking bulk offers. 3218 Thirteen Colony Mall #1A -- 3 beds, 2.1 baths, currently vacant, recent repairs, in good condition, hoa is $225/mo. 1936 Frisco -- 3 beds, 1 bath, new roof and hvac in 2021, currently rented for $795/mo. lease is MTM. 3789 Fairoaks -- 4 beds, 1

Tyler Tapley Crye-Leike, Inc., REALTORS

1936 Frisco Ave, Memphis, TN 38114
/9
$125,000
- 4 Beds
- 1 Bath
- 1,000+ Sq Ft
3789 Fairoaks Ave, Memphis, TN 38122

MULTIPLE PROPERTY PORTFOLIO CAN ONLY BE BOUGHT IN BULK, TOTAL PRICE IS 439.5K Four investment properties available. Seller is seeking bulk offers. 3218 Thirteen Colony Mall #1A -- 3 beds, 2.1 baths, currently vacant, recent repairs, in good condition, hoa is $225/mo. 1936 Frisco -- 3 beds, 1 bath, new roof and hvac in 2021, currently rented for $795/mo. lease is MTM. 3789 Fairoaks -- 4 beds, 1

Tyler Tapley Crye-Leike, Inc., REALTORS

3789 Fairoaks Ave, Memphis, TN 38122
/9
$119,900
- 3 Beds
- 2 Baths
- 1,200+ Sq Ft
1318 Glenn St, Memphis, TN 38106

Welcome to your dream home reimagined! This beautifully remodeled residence blends modern elegance with timeless charm, offering the perfect balance of comfort, style, and functionality. Featuring 3 bedrooms and 2 full bathrooms. New flooring, Cabinets, all updated bathrooms and much more. Schedule a showing today!

Ali Nawaz KAIZEN Realty, LLC

1318 Glenn St, Memphis, TN 38106
/19
$119,900
- 3 Beds
- 1 Bath
- 800+ Sq Ft
559 Hemsley Ave, Memphis, TN 38109

Wonderful 3 bedroom 1 bathroom home with covered parking being offered at a great price. Home is in MOVE-IN CONDITION and has been well maintained. Tons of updates and special features including luxury vinyl plank flooring, new interior paint, updated kitchen and bathroom, plus gas cooking, etc. Seller open to helping with closing costs, providing a home warranty, and purchasing a brand new

Tyler Tapley Crye-Leike, Inc., REALTORS

559 Hemsley Ave, Memphis, TN 38109
/3
$44,900
- Land
- 0.30 Acre
- $149,667 per Acre
0 Clearwood Rd, Memphis, TN 38134

Great lot in the Raleigh/Bartlett area for a New Build. Great neighborhood and great schools!

Christopher Lowrie Bluff City Realty Group, LLC

0 Clearwood Rd, Memphis, TN 38134
/18
$117,900
- 3 Beds
- 1 Bath
- 800+ Sq Ft
3026 Johnson Ave, Memphis, TN 38112

Lovely three bed one bath home with plenty of updates in MOVE-IN CONDITION. Exterior has low maintenance brick exterior plus security doors and small backyard (perfect for pets). The kitchen has been thoughtfully updated with newer cabinets and stainless steel appliances. The interior has an updated bathroom, luxury vinyl plank flooring, new interior paint, plus central heating and air. FHA/

Tyler Tapley Crye-Leike, Inc., REALTORS

3026 Johnson Ave, Memphis, TN 38112
/15
$109,000
- 3 Beds
- 1 Bath
- 800+ Sq Ft
5010 Mike Dr, Memphis, TN 38127

***NO CITY TAXES!!!****This beautiful home has been fully renovated! It has new paint, new flooring, new island and cabinetry in the kitchen, new bathroom tiles and vanities, new carpet, new laminate hardwood in the common areas, all appliances stay, including refrigerator, washer and dryer! This home is located in a quiet cove and has a spacious and private backyard with a shed.

Joseph Doughton KAIZEN Realty, LLC

5010 Mike Dr, Memphis, TN 38127
/8
$100,000
- 3 Beds
- 1.5 Baths
- 1,000+ Sq Ft
2176 Burnham Cove, Memphis, TN 38127

TENANT OCCUPIED! DRIVE-BY ONLY! HOME BEING SOLD AS-IS! NO SHOWINGS WITHOUT AN ACCEPTED OFFER!! The property is presently rented out for $850 per month with an existing lease until 2/26. The home features 3bd / 1.1ba, new floors, a new HVAC system, and a new water heater installed 2/25. A 1-year home warranty is in place until 1/26 through Home Choice Warranty.

Allen Noah KAIZEN Realty, LLC

2176 Burnham Cove, Memphis, TN 38127
/9
$115,000
- 3 Beds
- 2 Baths
- 1,000+ Sq Ft
3092 Johnson Ave, Memphis, TN 38112

Move-in ready 3-bedroom, 2-bath home in a fast growing Memphis neighborhood. Ideal for an owner-occupant or investor seeking day one cash flow with strong upside potential. Easily convert the second front room into a 4th bedroom for added value. Conveniently located within walking distance to major new developments currently under construction including the new Lester Community Center, a 219-unit

Michael Valenza eXp Realty, LLC

3092 Johnson Ave, Memphis, TN 38112
/17
$115,000
- 3 Beds
- 1 Bath
- 1,000+ Sq Ft
3602 Gowan Dr, Memphis, TN 38127

Investor Alert! No Sign on property. VERY RARE almost 3⁄4 Acre rental property with 1 RENOVATED Bath! 3 Large Bedrooms! Kitchen w/16 Cabinets and Eat-In area. Laundry Room. Lot Size is 70/79.39 X 154.76/148.56 - .71 Acre...and everyone else has well under that. So, if you’re looking for open spaces, THIS IS IT!

Elizabeth Amodeo Marx-Bensdorf, REALTORS

3602 Gowan Dr, Memphis, TN 38127
/18
$150,000
- 3 Beds
- 2 Baths
- 1,000+ Sq Ft
2304 Longstreet Dr, Memphis, TN 38114

Great Starter Home Opportunity! Discover the potential of this charming 3-bedroom, 2-bathroom single-family home nestled in the Parkway Woods neighborhood of Memphis. Situated on an expansive 11,325 sq ft lot, this property offers ample space for outdoor activities and future enhancements.This home boasts hardwood and tile flooring throughout, providing a warm and inviting atmosphere. The

Richard Tatum C21 Patterson & Assoc. Real Es

2304 Longstreet Dr, Memphis, TN 38114
/9
$50,000
- Land
- 0.41 Acre
- $121,951 per Acre
1804 South Pkwy E, Memphis, TN 38114

Historic District Lot – Ready to Build! Rare opportunity to own a cleared, build-ready lot in a prestigious historic district. Landmarks approval secured, and a full set of construction plans is included. Great for builders, investors, or homeowners looking to create something special. Don't miss this turnkey development opportunity.

Jonathan Minerick homecoin.com

1804 South Pkwy E, Memphis, TN 38114
/16
$89,000
- 2 Beds
- 1 Bath
- 600+ Sq Ft
852 Marianna St, Memphis, TN 38114

This updated home features new wood laminate floors, a 3-year-old roof, new plumbing, a fully renovated bathroom, and updated light fixtures. The kitchen has brand-new cabinets and fixtures, plus a new water heater. Central heat and air are in place but not currently connected to a unit—buyer will need to install a new HVAC or use window units. A great opportunity to finish it your way with major

Donnie Morrow eXp Realty, LLC

852 Marianna St, Memphis, TN 38114
/3
$65,999
- 3 Beds
- 1 Bath
- 1,800+ Sq Ft
376 S Parkway E, Memphis, TN 38106

SOLD AS IS

John Amaefula REMAX Experts

376 S Parkway E, Memphis, TN 38106
/29
$90,000
- 3 Beds
- 2 Baths
- 1,400+ Sq Ft
2345 Shasta Ave, Memphis, TN 38108

3 bed, 2 bath, Built in 2003, Recently rehabbed. Previously rented at $1100/month. Ask about the $5K seller credit available! Updates include new kitchen cabinets, countertops, sink, and fixtures, plus bathroom vanities, toilets, and plumbing fixtures. Fresh paint throughout, LVP in living, kitchen, and hall. Painted concrete in bedrooms for low-maintenance durability. Perfect for investors

Courtney Staples Keller Williams

2345 Shasta Ave, Memphis, TN 38108
/10
$98,500
- 3 Beds
- 2.5 Baths
- 1,600+ Sq Ft
3172 Tulip Poplar Dr Unit 30, Memphis, TN 38115

Nice brick 3bd/2.5 bath Townhouse with 2 car garage and plenty of space. Could be a Airbnb

Reginald RL Pruitt Assured Real Estate Services

3172 Tulip Poplar Dr Unit 30, Memphis, TN 38115
/18
$60,000
- 2 Beds
- 1.5 Baths
- 1,000+ Sq Ft
3554 Morning Dew Ct Unit 11, Memphis, TN 38118

Welcome to 3554 Morning Dew Ct, Memphis, TN 38118! Located in the peaceful Parkway Village neighborhood, this charming single-family home offers a delightful blend of comfort and convenience. Enjoy easy access to major roads such as Perkins Rd and Winchester Rd, placing you just minutes away from an array of shopping, dining, and entertainment options. While this home is a fixer-upper, it already

William Maben Epique Realty

3554 Morning Dew Ct Unit 11, Memphis, TN 38118
/24
$119,900
- 2 Beds
- 2 Baths
- 1,200+ Sq Ft
475 N Highland St Unit 10J, Memphis, TN 38122

Brilliant 10th floor Northwest facing condo with balcony that overlooks both the condo's pool and Chickasaw Country Club. Balcony accessible from both the living room and the second bedroom. All new paint in this 2 bedroom, 2 bath unit on the 10th floor of the unique Fairway Towers. Complex includes a swimming pool, gym, and grilling areas around pool deck. Each unit has a storage closet in the

Donnie Morrow eXp Realty, LLC

475 N Highland St Unit 10J, Memphis, TN 38122
/2
$89,900
- 2 Beds
- 1 Bath
- 600+ Sq Ft
3982 Overton Crossing St, 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 $800/month. The lease ends on 03/31/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

Dean Harris CrestCore Realty MphsBrokerage

3982 Overton Crossing St, Memphis, TN 38127
/2
$119,900
- 3 Beds
- 2 Baths
- 1,200+ Sq Ft
1975 Wellons Ave, Memphis, TN 38127

Fantastic investment opportunity in the Shelby area. This 3br/2 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $1,100/month. The lease ends on 01/30/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

Dean Harris CrestCore Realty MphsBrokerage

1975 Wellons Ave, Memphis, TN 38127
/2
$100,000
- Land
- 0.71 Acre
- $140,845 per Acre
707 Craft Rd, Memphis, TN 38116

Prime opportunity in Memphis! This .717-acre corner lot at 707 Craft Road offers excellent visibility and access—perfect for a variety of potential uses. Zoned for residential or possible commercial development (buyer to verify), this spacious parcel is ideal for a custom home, duplex, small business, or even a community-focused project like a daycare or place of worship. Located in an

Romond McClinton Crye-Leike, Inc., REALTORS

707 Craft Rd, Memphis, TN 38116
/7
$39,000
- 2 Beds
- 1 Bath
- 600+ Sq Ft
1540 Gabay St, Memphis, TN 38106

Nice cozy home tucked away on a decent street! Occupied by a long term tenant paying $725! Property Will need updated plumbing as well as cosmetic repairs! Property will be delivered vacant.

Duane Kinnard Tri-Leake Realty

1540 Gabay St, Memphis, TN 38106
/25
$115,000
- 1 Bed
- 1 Bath
- 100+ Sq Ft
109 N Main St Unit 808, Memphis, TN 38103

Live in the heart of downtown Memphis at the historic Claridge House on North Main! This cozy studio condo offers stunning north-facing views of the city skyline and the iconic Pyramid. Enjoy a bright, open layout with updated modern lighting, a stylish backsplash, and brand-new kitchen appliances. The building is rich in amenities, including an indoor pool, rooftop patio with grills and dining

Donnie Morrow eXp Realty, LLC

109 N Main St Unit 808, Memphis, TN 38103
/8
$73,900
- 4 Beds
- 1 Bath
- 1,400+ Sq Ft
2928 Semmes St, Memphis, TN 38114

**OCCUPIED PROPERTY**DO NOT DISTURB TENANTS** We do prosecute** Long time rental available. Currently rented at $1005. New roof only a few weeks ago. Currently has central heat only. This property won't last long. No showings without bound contract. EMD is $2500 due 2 days after contract is bound, to be held by Saddle Creek Title in Memphis, max of 7 days inspection. No contract

Daniel Sturdivant Bluff City Management, LLC

2928 Semmes St, Memphis, TN 38114
/15
$99,900
- 3 Beds
- 2 Baths
- 1,200+ Sq Ft
1678 Alta Vista Ave, Memphis, TN 38127

Great solid stone home. Perfect for a investor. Recent rehab and a rent ready.

Joe King Marathon REALTORS, LLC

1678 Alta Vista Ave, Memphis, TN 38127
/13
$115,000
- 2 Beds
- 1 Bath
- 1,641 Sq Ft
33 E Fernwood Ave, Memphis, TN 38109

Investment opportunity. Professionally managed and tenant occupied DUPLEX. Each unit is 2 bedrooms and 1 bathroom and brick exterior (4 bedrooms 2 full bathrooms total). Addresses are 33 & 35 E. Fernwood. The market rent is probably $900 or more per unit ($1800 or more) and the current rent is $1045. Property is fully rented out and professionally managed (leases, ledgers, repair history in

Tyler Tapley Crye-Leike, Inc., REALTORS

33 E Fernwood Ave, Memphis, TN 38109
/3
$40,000
- 2 Beds
- 1 Bath
- 1,200+ Sq Ft
268 E Alston Ave, Memphis, TN 38126

RENOVATIONS NEEDED!! Unlock exceptional potential with this investor special, situated less than 5 minutes from the vibrant heart of Downtown Memphis! This 3-bedroom, 1-bathroom property, available vacant at closing, presents an ideal blank slate for your next lucrative rental venture. Imagine the possibilities within easy reach of top-tier restaurants, diverse entertainment options, the historic

Clarenda Hurd Keller Williams

268 E Alston Ave, Memphis, TN 38126
/23
$126,000
- 1 Bed
- 1 Bath
- 600+ Sq Ft
109 N Main St Unit 611, Memphis, TN 38103

Unique unit is now available at the Claridge house, this recently renovated 1 bed/ 1 bath condo has its own washer and dryer. Stunning rooftop views, and minutes away from the river, Claridge house has so much history and charm. Fitness center in basement. Pool and hot tub on second floor. Great for the working professional, or for those needing a getaway spot downtown! All appliances to stay.

Amanda Kirkman KAIZEN Realty, LLC

109 N Main St Unit 611, Memphis, TN 38103
/10
$45,000
- Land
- 0.41 Acre
- $109,756 per Acre
3171 Celt Cove, Memphis, TN 38118

Vacant Lot Near Memphis Airport, cleared and ready to go. Located in a quiet cove surrounded by well-kept homes. Great spot to build your new home or investment property. Clean lot, great location, easy access to everything. Drive by and check it out!

Juan Torres Fast Track Realty, LLC

3171 Celt Cove, Memphis, TN 38118
/23
$85,000
- 2 Beds
- 2 Baths
- 1,000+ Sq Ft
3962 Grahamdale Cir Unit 3962A, Memphis, TN 38122

Come fall in love with the hidden gem community of The Grahamwood Condominiums. This condo features 2 Bedrooms and 2 Bathrooms and also right next to community pool for super convenience during those hot summer months. Downstairs you will find the gallery style Kitchen with wall opening to the Dining Area. The Great Room has wood burning fireplace and connects to the Dining Area. Downstairs

Andrew Musashe The Jander Group, Inc.

3962 Grahamdale Cir Unit 3962A, Memphis, TN 38122

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