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

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  /20

  $149,900

  • 3 Beds
  • 2.5 Baths
  • 1,901 Sq Ft

  5275 Scottsdale Ave Unit 9, Memphis, TN 38118

  Welcome to this beautifully remodeled townhouse, a true rare jewel offering over 1,900 square feet of thoughtfully designed living space. Step inside to discover three spacious bedrooms and two and a half baths, along with 2 distinct living areas that make this home truly special — a separate living room, dining room, and a cozy hearth room that adds warmth and charm you’ll fall in love with.

  Kenya Harrison Infinity Group REALTORS, Inc.

  5275 Scottsdale Ave Unit 9, Memphis, TN 38118
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  /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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  /2

  $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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  /5

  $15,995

  • Land
  • 0.25 Acre
  • $63,980 per Acre

  0 Dublin Ave Unit LOTS 20 & 21 LAST TW, Memphis, TN 38114

  Buyers/investors build your personal home or brand-new rental property on this beautiful green lot! This is truly the promised land of opportunity and no other area compares to this exclusive subdivision in Magnolia. Last lot for sale in this subdivision! Private showings available.

  Mitanni Spruill The Spruill Agency, LLC

  0 Dublin Ave Unit LOTS 20 & 21 LAST TW, Memphis, TN 38114
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  /2

  $150,000

  • 3 Beds
  • 2 Baths
  • 1,400+ Sq Ft

  6799 Ross Ridge Dr, Memphis, TN 38141

  Well-kept 3 bed 2 bath townhouse. Features a bright front living room, open dining/kitchen, and functional layout with the primary bedroom downstairs and additional bedrooms upstairs. Flooring is a mix of tile and carpet. Great starter or investment property. Currently rented, do not disturb tenants. Offers must be submitted before any showings.

  Cesar Lara Fast Track Realty, LLC

  6799 Ross Ridge Dr, Memphis, TN 38141
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  /2

  $15,000

  • Land
  • 0.06 Acre
  • $250,000 per Acre

  271 Richmond Ave, Memphis, TN 38106

  Lot for sale perfect for building your next investment property. Already has sewer, electrical access, and drains on land. $15,000 for 7 lots is the steal of a lifetime.

  Calvin Mathews Harris & Harris Realty Group

  271 Richmond Ave, Memphis, TN 38106
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  /17

  $79,900

  • 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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  /27

  $130,000

  • 2 Beds
  • 1 Bath
  • 881 Sq Ft

  1110 Robin Hood Ln, Memphis, TN 38111

  Spotless inside and out—move-in ready! This charming brick home sits on a large corner lot and features 2 bedrooms, 1 bath, and a detached single carport. All kitchen appliances remain. Bright, inviting spaces with durable flooring and plenty of natural light throughout. The exterior offers a well-kept yard, fenced back area, and mature trees providing shade and privacy. Roof is approximately 8

  Erica Martin Real Estate Agency

  1110 Robin Hood Ln, Memphis, TN 38111
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  /2

  $8,000

  • Land
  • 0.07 Acre
  • $114,286 per Acre

  1337 Wilson St, Memphis, TN 38106

  A great location by Jesse Turner and Bellevue Park with a baseball diamond and tennis facility. Plus a short distance to all downtown amenities. An excellent opportunity to build an investment property. This lot is being sold individually or as a bundle with four other properties. (379 E Trigg Ave, Memphis, TN 38106, 1124 Decatur St (this lot is pending), Memphis, TN 38107, 1333 Wilson St,

  Rueben Rodocker Home Boss Realty

  1337 Wilson St, Memphis, TN 38106
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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
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  /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...

  Mae Moore Grand Point Realty, LLC

  1105 N Watkins St, Memphis, TN 38107
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  /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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  /2

  $12,000

  • Land
  • 0.13 Acre
  • $92,308 per Acre

  1219 Fiber Rd, Memphis, TN 38109

  Wonda McGowan McGowan Homes & R/E Services

  1219 Fiber Rd, Memphis, TN 38109
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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
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  /36

  $139,500

  • 4 Beds
  • 2.5 Baths
  • 1,746 Sq Ft

  306 S Parkway E, Memphis, TN 38106

  Check out this move-in ready and completely renovated, impressive 4-bedroom, 2.5-bath home offering over 1,700 square feet of beautifully updated living space and the peace of mind buyers are looking for. The home features brand-new major systems throughout, including electrical, plumbing, roof, flooring, air conditioner, water heater, and more! The open-concept layout creates a bright, welcoming

  Andres Garcia Fast Track Realty, LLC

  306 S Parkway E, Memphis, TN 38106
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  /2

  $5,000

  • Land
  • 0.15 Acre
  • $33,333 per Acre

  379 E Trigg Ave, Memphis, TN 38106

  A good sized lot with a short walk to AB Hill Elementary School. All downtown amenities within a short drive. A great opportunity to build an investment property. This lot is being sold individually or as a bundle with four other properties. (379 E Trigg Ave, Memphis, TN 38106, 1124 Decatur St (this lot is pending), Memphis, TN 38107, 1333 Wilson St, Memphis, TN 38106, 1337 Wilson St, Memphis,

  Rueben Rodocker Home Boss Realty

  379 E Trigg Ave, Memphis, TN 38106
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  /2

  $89,995

  • 2 Beds
  • 1 Bath
  • 714 Sq Ft

  251 N Montgomery St, Memphis, TN 38104

  Super cute midtown stone house. Make this your own design. Interior has not been finished. Home cannot qualify for FHA/VA/conventional.

  Claire Gold Bridge Realty Memphis

  251 N Montgomery St, Memphis, TN 38104
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  /18

  $95,000

  • 3 Beds
  • 2.5 Baths
  • 1,600+ Sq Ft

  3629 Chesterwood Dr Unit 77, Memphis, TN 38118

  Fantastic spacious 3 Bedroom 2 1/2 Bath Townhome w/covered parking. Fully renovated!!! Fenced patio enclosed with new fence., security doors. Home is tenant occupied, and on month-to-month lease. This home is great for first time home buyers.

  Janice Mathis eXp Realty, LLC

  3629 Chesterwood Dr Unit 77, Memphis, TN 38118
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  /26

  $110,000

  • 3 Beds
  • 1 Bath
  • 1,359 Sq Ft

  2762 Overton Crossing St, Memphis, TN 38127

  Charming 3-bed, 1-bath haven! Recently remodeled bathroom features a luxurious whirlpool tub, separate shower with stylish tile backsplash. Renovated kitchen boasts granite countertops, sleek tile flooring. Fresh paint graces the living room with beautiful hardwood floors throughout. Open den seamlessly connects to the kitchen. Your dream home awaits!

  larrian currie One Stop Global Realty

  2762 Overton Crossing St, Memphis, TN 38127
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  /2

  $15,000

  • Land
  • 0.07 Acre
  • $214,286 per Acre

  273 Richmond Ave, Memphis, TN 38106

  Lot for sale perfect for building your next investment property. Already has sewer, electrical access, and drains on land. $15,000 for 7 lots is the steal of a lifetime.

  Calvin Mathews Harris & Harris Realty Group

  273 Richmond Ave, Memphis, TN 38106
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  /30

  $89,900

  • 3 Beds
  • 1 Bath
  • 1,270 Sq Ft

  2036 Saint Elmo Ave, Memphis, TN 38127

  Charming 3-bedroom home in Frayser! Welcome to 2036 St Elmo Ave, a cozy 1-story home featuring 3 comfortable bedrooms and 1 full bath. This property offers a functional layout, bright living spaces, and a spacious yard perfect for outdoor enjoyment. Conveniently located near schools, shopping, and major routes, it’s a great option for first-time buyers or investors looking for a solid addition to

  Alexis Martz Trelora Realty

  2036 Saint Elmo Ave, Memphis, TN 38127
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  /23

  $120,000 Pre-Foreclosure

  • 2 Beds
  • 1 Bath
  • 952 Sq Ft

  3787 Rhodes Ave, Memphis, TN 38111

  LOOKING FOR INVESTORS GREAT PROPERTY TO ADD TO YOUR PORTFOLIO. Great Home in the U of M area With Separate Garage / Workshop All appliances including washer & dryer included NEW Fenced back yard separate storage building behind garage Currently on Lease with option to Purchase $1300 % year Ballon. Contact Listing agent for details

  Lisa Burks Adaro Realty, Inc.

  3787 Rhodes Ave, Memphis, TN 38111
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  /20

  $129,000

  • 2 Beds
  • 2 Baths
  • 1,421 Sq Ft

  958 Birch St, Memphis, TN 38108

  ATTENTION INVESTORS! This spacious 3 bedroom 2 bathroom house will make an excellent addition to your portfolio! Completely refurbished and rented for $1,150/month and under professional management. Home features spacious den with fireplace, separate dining room, large master bedroom with convenient exterior access, large upstairs storage area, and much more! Conveniently located 1 mile from

  Jeremy Veldman KAIZEN Realty, LLC

  958 Birch St, Memphis, TN 38108
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  /2

  $128,700

  • 2 Beds
  • 2.5 Baths
  • 1,501 Sq Ft

  5865 Jardin Place, Memphis, TN 38141

  Refer to RealtyBid for showing, property, and auction details.

  Brian Brockman Bang Realty

  5865 Jardin Place, Memphis, TN 38141
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  /33

  $89,900

  • 3 Beds
  • 1 Bath
  • 1,044 Sq Ft

  2449 Labonte Dr, Memphis, TN 38127

  Welcome home! This charming 3-bed, 1-bath single-family residence features beautiful hardwood floors throughout and an inviting layout filled with natural light. Enjoy the expansive yard—perfect for gardening, gatherings, or future expansion. A wonderful opportunity to own a comfortable, well-kept home with plenty of outdoor space.

  Alexis Martz Trelora Realty

  2449 Labonte Dr, Memphis, TN 38127
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  /2

  $40,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  3271 Morningside St, Memphis, TN 38127

  Two bedroom 1 bathroom home in Frayser community that is priced to sell. Home is located on a quiet street. Cash offers only. Home needs repairs. ONLINE VIDEO AVAILABLE UPON REQUEST. This could be a very nice property once fully rehabbed. Home has some nice features including an excellent floorplan, big backyard, security doors, updated bathroom, etc. Seller is selling multiple properties

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3271 Morningside St, Memphis, TN 38127
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  /2

  $12,500

  • Land
  • 0.07 Acre
  • $178,571 per Acre

  0 Driver St, Memphis, TN 38126

  Great parcel of land for a developer or investor! Willing to sell as a bundle with other lots.

  Chinna Prude-Anderson C21 Patterson & Assoc. Real Es

  0 Driver St, Memphis, TN 38126
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  /2

  $4,500

  • Land
  • 0.06 Acre
  • $75,000 per Acre

  1642 Patton St, Memphis, TN 38106

  Invest where the city’s history meets its future—38106 is cash flow with character. The time is Now. Waiting might be too late. pc# 035105 00012 Just miles away: Mississippi Boulevard Christian Church + Meharry Medical College launch a $310M Midtown makeover—big growth is coming!

  Karen Walker Epique Realty

  1642 Patton St, Memphis, TN 38106
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  /2

  $119,900

  • 3 Beds
  • 1 Bath
  • 1,511 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 rentalamount of $1,250/month. Lease ends on 03/31/2025. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language willbe accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  2714 Nix Cove, Memphis, TN 38127
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  /5

  $72,000

  • 2 Beds
  • 1 Bath
  • 600+ Sq Ft

  1971 Boyle Ave, Memphis, TN 38114

  Welcome to 1971 Boyle Avenue, Memphis, TN 38114! This 2-bedroom, 1-bath home blends comfort and practicality—ideal for both homeowners and investors. Inside, you'll find durable LVP flooring and a bright, open living area perfect for hosting or relaxing. The modern kitchen offers generous storage with large shaker cabinets. Additional features include window A/C units and a spacious fenced

  James Wachob Foundation Property Management

  1971 Boyle Ave, Memphis, TN 38114
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  /26

  $135,000

  • 2 Beds
  • 1.5 Baths
  • 1,000+ Sq Ft

  1960 N Parkway Unit 109, Memphis, TN 38112

  New Hardwood Floors, Bathroom Remodeled, Kitchen Remodeled, Half Bath Updated, Super High Ceilings in this First Floor Unit! Beautirul New Appliances and Cabinets in Super Great Kitchen!!!! All Window Treatments Were Custom Made! (Furniture Currently in the Unit May Be Available for Sale as Seller has Moved to Furnished Living Center).. Maint Fee includes Utilities, Building Insurance,

  Bill Malone Crye-Leike, Inc., REALTORS

  1960 N Parkway Unit 109, Memphis, TN 38112
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  /2

  $115,000

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

  1797 Dupont Ave, Memphis, TN 38127

  Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1.5 baths. Currently renting for $1,350 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over 15 other rental houses available also.

  Harry Samuels Pinnacle Realty

  1797 Dupont Ave, Memphis, TN 38127
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  /6

  $139,874

  • 2 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  4195 Cedartree Dr, Memphis, TN 38141

  BACK ON MARKET 10/26 BUYER FINANCING FAILED What a great start to Homeownership or to build your portfolio!!! This beautifully renovated 2 bedroom 2 FULL bath town home (END UNIT) QUALIFIES for 100% financing & DPA programs. Close to shopping, restaurants & entertainment in both Memphis & Desoto County...this would make the PERFECT home or investment! Downstairs features a family room with a cozy

  Tijuana Wallace Keller Williams

  4195 Cedartree Dr, Memphis, TN 38141
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  /2

  $5,000

  • Land
  • 0.32 Acre
  • $15,625 per Acre

  0 Haisch Rd, Memphis, TN 38127

  Empty Lot.

  James Harvey Jr Keller Williams

  0 Haisch Rd, Memphis, TN 38127
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  /13

  $121,000

  • 5 Beds
  • 2.5 Baths
  • 2,200+ Sq Ft

  449 Fernwood Ave, Memphis, TN 38106

  INVESTORY ONLY! Tenant occupied and professionally managed home. This could be a great addition to your investment portfolio. Currently rent for $1470/mo with a $1395 deposit on file. Lease ends 3/31/26. Large home. Many homes in this area are being rehabbed and sold for more money. Lease, ledger, and payment/repair history are available upon request. Do not approach or disturb tenant. No

  Tyler Tapley Crye-Leike, Inc., REALTORS

  449 Fernwood Ave, Memphis, TN 38106
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  /23

  $99,975

  • 2 Beds
  • 1 Bath
  • 1,061 Sq Ft

  726 E Gage Ave, Memphis, TN 38106

  Property selling as follows: As-Is Where-Is. Entire house has been renovated. New wood fence around property. This cute house just got a makeover! It has a new roof, so it’s all set for any weather. Inside, there are two bedrooms and one bathroom, all redone and looking great. The floors are new everywhere in the house, making it feel fresh. The kitchen has shiny new appliances, ready for you to

  KC Lam Cordova Realty, Inc.

  726 E Gage Ave, Memphis, TN 38106

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