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

• 

  

  /2

  $10,000

  • Land
  • 5,662 Sq Ft
  • $76,923 per Acre

  2691 Byrd Ave, Memphis, TN 38114

  Raw land, perfect for development, low traffic residential area. Come build your dream home! Lot of possibilities. Owner is also 1882 Mitchell. Property is being offered at a good price and is on a quiet street. Could be a great long term hold. Property was previously bought at a tax sale, title insurance may be difficult to obtain (you can make offer contingent on obtaining title insurance).

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2691 Byrd Ave, Memphis, TN 38114
• 

  

  /2

  $12,000

  • Land
  • 15,681 Sq Ft
  • $33,333 per Acre

  208 E Biscayne Rd, Memphis, TN 38109

  Great opportunity to build or invest in South Memphis! Level lot in a quiet neighborhood, just minutes from I-55 and downtown. Convenient to schools, parks, and local amenities. Perfect for a new build, rental, or long-term hold.

  Joshua Moss KAIZEN Realty, LLC

  208 E Biscayne Rd, Memphis, TN 38109
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  /5

  $90,000

  • 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
• 

  

  /2

  $89,000

  • 2 Beds
  • 1 Bath
  • 1,280 Sq Ft

  1373 Russwood Rd, Memphis, TN 38108

  This investment property is rented for $850/mo. Incredible opportunity available with tremendous cash flow and huge potential upside! 21 property package available. Homes can be bought individually or in bulk. Total portfolio list price is $2.525M, total current rent is $17,785/mo, total est market rent is $26,365, est ARV of full package is $3.155M. All homes are professionally managed. Most all

  William Haynes Crye-Leike, Inc., REALTORS

  1373 Russwood Rd, Memphis, TN 38108
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  /13

  $126,000

  • 3 Beds
  • 2 Baths
  • 1,217 Sq Ft

  2638 Hawkins Mill Rd, Memphis, TN 38127

  Charming, move-in ready 3-bedroom, 2-bath home in a well-established neighborhood known for its friendly community and convenient living. Perfect for first-time buyers or those looking to downsize without sacrificing comfort, this home offers both functionality and room to grow. Recent updates provide peace of mind, including an 8-year-old roof, interior A/C unit less than 5 years old, and a hot

  Pat Edwards-Sipp BenchMark REALTORS, LLC

  2638 Hawkins Mill Rd, Memphis, TN 38127
• 

  

  /33

  $114,900

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

  4553 Neely Rd, Memphis, TN 38109

  Welcome to this charming 1960s-built ranch that perfectly blends classic character with essential modern comforts. Spanning 1,280 square feet, this meticulously maintained 3-bedroom, 2-bathroom home features gorgeous original hardwood flooring throughout the main living areas, adds a warm and timeless aesthetic. The heart of the home is the spacious kitchen and dining combination, complete with

  Christopher Stjernholm Trelora Realty

  4553 Neely Rd, Memphis, TN 38109
• 

  

  /23

  $150,000 Pre-Foreclosure

  • 3 Beds
  • 2 Baths
  • 1,838 Sq Ft

  1418 Tutwiler Ave, Memphis, TN 38107

  Great Investment opportunity near Crosstown. This home has lots of potential, just needs a little TLC. Property being sold as-is

  Amanda Kirkman KAIZEN Realty, LLC

  1418 Tutwiler Ave, Memphis, TN 38107
• 

  

  /5

  $80,000

  • 2 Beds
  • 2 Baths
  • 909 Sq Ft

  3589 Covington Pike Unit 424, Memphis, TN 38128

  Excellent 55+ Independent Living Condominium Community for those 55 and older. Great 2 bedroom 2 bath. Amenities included in maintenance fee: utilities, cable tv, bi-weekly housekeeping, maintenance inside as well as outside, grounds, some meals in restaurant, pest control, termite contract, activities program, 24-hour staff on duty, gated, 24-hour emergency maintenance and more.

  Michael Bryan Bryan Realty Group

  3589 Covington Pike Unit 424, Memphis, TN 38128
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  /7

  $84,000

  • 2 Beds
  • 1 Bath
  • 752 Sq Ft

  4072 Leroy Ave, Memphis, TN 38108

  Wonderful Home for Sale – 2 Bedrooms, 1 Bathroom, features 2 spacious bedrooms, the property: offers a completely fenced garden.Lease ends November 30, 2026 $700.00 per month Cash Flowing

  Itzel Sanchez Bustamante Keller Williams

  4072 Leroy Ave, Memphis, TN 38108
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  /2

  $7,000

  • Land
  • 3,049 Sq Ft
  • $100,000 per Acre

  598 Arrington Ave, Memphis, TN 38107

  Great lot for new construction. This lot is leveled with street access and curb cut

  Crystal Mitchell Renshaw Company, REALTORS

  598 Arrington Ave, Memphis, TN 38107
• 

  

  /4

  $18,000

  • 2 Beds
  • 1 Bath
  • 674 Sq Ft

  740 Marble Ave, Memphis, TN 38107

  This home could be yours. Gated home by Manassas High School. Close to downtown Memphis. Investors, add this home to your portfolio. Partially burned. Please don't enter, if you do, enter at your own risk.

  Andre Pruitt TRG Real Estate Services, LLC

  740 Marble Ave, Memphis, TN 38107
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  /2

  $95,000

  • 3 Beds
  • 1 Bath
  • 1,001 Sq Ft

  759 Brandywine Blvd, Memphis, TN 38127

  Great opportunity to own a solid 3-bedroom, 1-bath investment property. Perfect for rental income or a fix-and-flip project. Features include a spacious layout, potential for upgrades, and a strong rental market nearby. Don’t miss out on this promising investment. Please include proof of funds.

  Lakesha Lilly Leatherwood The Home Partners Realty

  759 Brandywine Blvd, Memphis, TN 38127
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  /2

  $5,000

  • Land
  • 2,613 Sq Ft
  • $83,333 per Acre

  1421 College St, Memphis, TN 38106

  Live in the heartbeat of Memphis: music, culture, and history at every corner. Don't miss out on the chance to make history in south Memphis! Wow what a great opportunity. pc# 014037 00042 Just miles away: Mississippi Boulevard Christian Church + Meharry Medical College launch a $310M Midtown makeover—big growth is coming!

  Karen Walker Epique Realty

  1421 College St, Memphis, TN 38106
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  /4

  $145,000

  • 3 Beds
  • 1 Bath
  • 1,107 Sq Ft

  553 Josephine St, Memphis, TN 38111

  Potential Short Sale!! Home in need of repair Beautiful Home! Perfect for first time homebuyers or empty nesters. Located near University of Memphis and Midtown that’s full of restaurants shopping. Schedule your showings today

  Travis Patterson C21 Patterson & Assoc. Real Es

  553 Josephine St, Memphis, TN 38111
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  /13

  $74,000

  • 2 Beds
  • 1 Bath
  • 819 Sq Ft

  1863 Marjorie St, Memphis, TN 38106

  Great cash flowing home. 2 bed, 1 bath property available! Currently MHA tenant occupied at $1136/month. Do not disturb tenants! AC Unit installed 2025, Heater installed 2024. Do not miss out on this one!

  Marissa Miller The Stamps Real Estate Company

  1863 Marjorie St, Memphis, TN 38106
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  /11

  $98,000

  • 2 Beds
  • 1 Bath
  • 1,043 Sq Ft

  3580 Allandale Ln, Memphis, TN 38111

  REDUCED!!! REDUCED !!! University of Memphis area. Seller says sell. This cute cottage home features new laminate floor in one bedroom, fresh interior paint. Separate living room with laminate floors. No carpet surfaces. Nice kitchen with gas oven, refrigerator, washer and dryer included. Cute cottage home for first time homebuyer or investor. Lovely Sherwood Forest Walking distance to schools.

  Toni Withers Stewart Crye-Leike, Inc., REALTORS

  3580 Allandale Ln, Memphis, TN 38111
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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
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  /2

  $114,900

  • 3 Beds
  • 1 Bath
  • 979 Sq Ft

  4224 Arrowhead Rd, Memphis, TN 38118

  Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38118 area. Cash flowing with a monthly rental amount of $1,100/month. The lease ends on 2/28/2027. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  4224 Arrowhead Rd, Memphis, TN 38118
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  /2

  $12,500

  • Land
  • 7,405 Sq Ft
  • $73,529 per Acre

  670 E Alston Ave, Memphis, TN 38126

  Prime land opportunity! Discover the perfect spot for your next project! This spacious lot offers endless possibilities | whether you're looking to build your dream home, invest, or develop. Located in a desirable area with easy access to amenities, this is a rare opportunity you don't want to miss! Contact us today for details! Owner / Agent

  James Wachob Foundation Property Management

  670 E Alston Ave, Memphis, TN 38126
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  /2

  $15,000

  • Land
  • 31,363 Sq Ft
  • $20,833 per Acre

  00 Blackburn Ave, Memphis, TN 38127

  This lot is on the right. The other lot next to is also available and can be purchased together as a package deal or separately. Both can be built on and have access to all major public utilities. Show anytime. Sign in area with lots.

  Latonya Wilson Keller Williams

  00 Blackburn Ave, Memphis, TN 38127
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  /2

  $45,000

  • Land
  • 1,742 Sq Ft
  • $1,125,000 per Acre

  387 Leath St, Memphis, TN 38105

  James Walker REMAX Experts

  387 Leath St, Memphis, TN 38105
• 

  

  /9

  $80,000

  • Land
  • 3.9 Acres
  • $20,513 per Acre

  0 W Shelby Dr, Memphis, TN 38109

  Prime opportunity to acquire approximately 3.9 acres of commercially zoned mixed-use land in Southwest Memphis! Located on West Shelby Drive with approximately 270 feet of road frontage, this property offers excellent visibility and accessibility for a variety of development opportunities. Positioned near the intersection of Shelby Drive and Weaver Road and directly across from Dalstrom Park,

  April Davis KAIZEN Realty, LLC

  0 W Shelby Dr, Memphis, TN 38109
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  /2

  $88,000

  • 3 Beds
  • 1 Bath
  • 854 Sq Ft

  4282 Westmont Rd, Memphis, TN 38109

  This well maintained home is perfect for starters. Hardwood floors in hall and bedrooms, beautiful title in kitchen, carpet in Livingroom. C/A and heat, fenced in back yard, washer & Dryer connections. This home is move in ready. Pictures to follow.

  Joe Payne The Peyton Co., Inc., REALTORS

  4282 Westmont Rd, Memphis, TN 38109
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  /16

  $115,000

  • 3 Beds
  • 1.5 Baths
  • 1,016 Sq Ft

  2380 Hillside Ave, Memphis, TN 38127

  Great brick home with a fully fenced large yard, features a 2-car carport with a spacious storage room. Acclaim double hung windows installed in 2025 in bedrooms, half bath and living room, aluminum storm door installed in 2023, and beautiful hardwood floors throughout living room, hallway and primary bedroom and 2nd bedroom. Roof is 6 years old. Refrigerator and stove to remain AS-IS (working

  Ana Ortiz Perales REMAX Experts

  2380 Hillside Ave, Memphis, TN 38127
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  /2

  $17,000

  • Land
  • 5,662 Sq Ft
  • $130,769 per Acre

  1141 Breedlove St, Memphis, TN 38107

  Great Investment opportunity!! Jump in on the ground floor of the huge development project slated for Klondike. Northside High School is being transformed by a 78 million redevelopment into a community hub, very similar to Crosstown's revival.

  Michelle Koeppen Ware Jones, REALTORS

  1141 Breedlove St, Memphis, TN 38107
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  /21

  $51,500

  • 3 Beds
  • 1 Bath
  • 1,092 Sq Ft

  714 Spring St, Memphis, TN 38112

  Investor Special! Prime Fix & Flip Opportunity! Vacant property ready for a full renovation. Ideal for experienced investors looking for next value-add project. Property requires updates to all major systems and full cosmetic rehab — perfect for a complete transformation. Strong ARV potential based on recent renovated sales in the area. Great opportunity to maximize equity through a full remodel.

  Daniel Demers Sell Your Home Services, LLC

  714 Spring St, Memphis, TN 38112
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  /2

  $77,500

  • 3 Beds
  • 1 Bath
  • 1,014 Sq Ft

  3791 Marvin St, Memphis, TN 38127

  Charming 3BR/1BA Home~Currently Tenant Occupied~Tenant's Rent is $800/mo~Professionally Managed by Local PM Company~Seller is also selling 2933 N Radford ($70k), 4097 Mossville($90k) and 1898 McLemore ($107,500). Seller is not interested in creative financing offers or owner financing offers. Please do not disturb tenants. Write offer contingent on viewing/inspections.

  Jennifer Carstensen Real Estate Agency

  3791 Marvin St, Memphis, TN 38127
• 

  

  /22

  $105,000

  • 3 Beds
  • 2 Baths
  • 1,705 Sq Ft

  3158 Ford Rd, Memphis, TN 38109

  Solid brick 3-bedroom, 2-bath home with great bones and a spacious layout. Sitting beautifully on a private, level lot with a large backyard perfect for outdoor living with a covered patio ready for gatherings or quiet evenings. Inside you’ll find a functional floor plan with room to personalize and update to your style. Whether you're a first-time buyer looking to build equity or an investor

  Elliot Cerezo The Home Partners Realty

  3158 Ford Rd, Memphis, TN 38109
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  /5

  $65,000

  • 2 Beds
  • 1 Bath
  • 908 Sq Ft

  2768 Burns Ave, Memphis, TN 38114

  Investment opportunity. Seller is liquidating her portfolio. Tenant occupied. Please do not disturb tenants. All appts will be made thru the agent. 2 bdrm & 1 Bthrm home with lots of potential. Long term Tenant has been paying $600. a month. She's also selling 2764 Burns Ave. & 2481 Kimball Ave. She will possible offer a package deal. Please call me for more details.

  Francyetta Seward C21 Patterson & Assoc. Real Es

  2768 Burns Ave, Memphis, TN 38114
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  /13

  $125,000

  • 4 Beds
  • 2 Baths
  • 1,300 Sq Ft

  5001 Frankie Ln, Memphis, TN 38109

  AINVESTOR"S SPECIAL!!! TENANT in place with rental income. A cute home, an excellent investment property opportunity or for a buyer looking for the perfect fixer upper. A split bedroom floorplan, with 2 bedrooms down and 2 bedrooms upstairs. Seller has done a minor refresh with new interior paint and new laminate flooring. Five minutes from the interstate and local shopping. A block away from the

  Linitra Washington KAIZEN Realty, LLC

  5001 Frankie Ln, Memphis, TN 38109
• 

  

  /22

  $129,900

  • 4 Beds
  • 1 Bath
  • 1,218 Sq Ft

  855 Hilton St, Memphis, TN 38114

  Tenant's rights-DO NOT disturb tenant. Investors, this is a great addition to your portfolio! Professionally managed, remodeled 4 bedroom, 1 bathroom home currently renting through Section 8 for $1250, but rental amount is currently in renegotiation with MHA-call for updates. New furnace (2022), new AC condenser (2022), new roof (2022), water heater (2022), and gas stove replaced in 2024. Rent

  Aaron Ivey eXp Realty

  855 Hilton St, Memphis, TN 38114
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  /17

  $65,000 Coming Soon

  • 3 Beds
  • 2 Baths
  • 1,685 Sq Ft

  4797 Myrlen Dr, Memphis, TN 38118

  Great investment with cash flow. Welcome to this charming 3-bedroom, 2-bath condo nestled in the heart of East Memphis! Each bedroom is generously sized, and the two full bathrooms provide convenience for all. Enjoy the outdoors with a private, fenced-in patio – perfect for relaxing or hosting gatherings. With two covered parking spaces. Home is leased for $1,000 a month, lease ends 03/2026.

  larrian currie One Stop Global Realty

  4797 Myrlen Dr, Memphis, TN 38118
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  /4

  $14,998

  • Land
  • 7,405 Sq Ft
  • $88,224 per Acre

  538 King Rd, Memphis, TN 38109

  A great lot in an up and coming area! Foundation from old building still on lot for easy building! Drive out anytime!

  Amy Patterson Crye-Leike, Inc., REALTORS

  538 King Rd, Memphis, TN 38109
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  /38

  $144,900

  • 3 Beds
  • 1.5 Baths
  • 1,889 Sq Ft

  1748 Hester Rd, Memphis, TN 38116

  Welcome to 1748 Hester Rd in Memphis! This charming brick ranch-style home offers great curb appeal with a covered front entry and convenient driveway parking. Inside, the home features neutral colors and abundant natural light throughout. The spacious living room is highlighted by a beautiful brick fireplace and includes two walk-in closets, perfect for storing games, crafts, or extra household

  Christopher Stjernholm Trelora Realty

  1748 Hester Rd, Memphis, TN 38116
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  /8

  $122,200

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

  1382 Mary Jane Ave, Memphis, TN 38116

  Welcome to 1382 Mary Jane Avenue, Memphis, TN 38116! This charming 3-bedroom, 1-bath home offers comfortable living with stylish updates and solid investment potential. Enjoy hard surface flooring throughout, a bright and airy living area, and a modern kitchen featuring large shaker cabinets. Central heat and air provide year-round comfort, while the spacious, fully fenced backyard is perfect for

  James Wachob Foundation Property Management

  1382 Mary Jane Ave, Memphis, TN 38116
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  /7

  $140,000

  • 2 Beds
  • 2 Baths
  • 1,108 Sq Ft

  3755 Fairmont Ave, Memphis, TN 38122

  Turnkey duplex investment opportunity at 3755 Fairmont in Memphis! This income-producing property features two units, one unit is currently rented at $650/month, delivering immediate cash flow from day one. Ideal for investors seeking steady returns, the property offers strong rental demand in a consistently performing market. Each unit provides comfortable living space, making it attractive to

  Stephen Akindona Kairos Realty

  3755 Fairmont Ave, Memphis, TN 38122
• 

  

  /9

  $75,000

  • 3 Beds
  • 1 Bath
  • 1,158 Sq Ft

  3110 Sunrise St, Memphis, TN 38127

  Great property to add to your portfolio-clean, 3 bed, 1 bath. Property is vacant. Solid surface flooring throughout. Large Kitchen w/washer & dryer outlets. Market rent $1100.

  Thomas Blanche Northpoint Asset Management, L

  3110 Sunrise St, Memphis, TN 38127
• 

  

  /8

  $20,000

  • Land
  • 15,681 Sq Ft
  • $55,556 per Acre

  0 Oaks Royal Dr, Memphis, TN 38128

  Back on the Market! Ridgemont Trails Subdivision - one corner lot left on this subdivision 0.36 ac, irregular shape, ready for your next project. Phase I was built in 2006 through 2023. Home values in this subdivision fluctuate from $195K to $260K. Utilities ready.

  Silvana Piadade eXp Realty, LLC

  0 Oaks Royal Dr, Memphis, TN 38128
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  /2

  $105,000

  • 2 Beds
  • 2 Baths
  • 960 Sq Ft

  1463 Effie Rd, Memphis, TN 38106

  DO NOT DISTURB THE TENANTS!!! Looking to add to your portfolio. This duplex brings in $1200 a month ($600 each side) This 1-bedroom and 1-bath duplex has tenants on both sides. These units were freshly painted about a year ago.

  Sherita McCray Assured Real Estate Services

  1463 Effie Rd, Memphis, TN 38106
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  /4

  $7,000

  • Land
  • 26,136 Sq Ft
  • $11,667 per Acre

  0 Niese St, Memphis, TN 38106

  **NEW PRICE**Over half an acre lot with all the utilities situated behind the Original Colletta's Italian Restaurant in a residential area. Seller will consider Owner Financing. No appointment needed, can view at any time.

  Sonja Tulacz Crye-Leike, Inc., REALTORS

  0 Niese St, Memphis, TN 38106

Showing Results 441 - 480, Page 12 of 18