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

• 

  

  

  /31

  $149,900

  • 2 Beds
  • 2 Baths
  • 1,150 Sq Ft

  2277 Union Ave Unit 611, Memphis, TN 38104

  Corner unit 2BR/2BA Mayfair condo in Midtown Memphis with sunlit southern-exposure balcony, shimmering pool, elegant lobby, convenient mail center and laundry room, plus available covered parking. Steps from Overton Square, top restaurants, and Fresh Market for effortless everyday living, and all on one level. Some photos are virtually staged to illustrate furnishing potential and layout.

  Thomas Murphree Marx-Bensdorf, REALTORS

  2277 Union Ave Unit 611, Memphis, TN 38104
• 

  

  

  /7

  $79,000

  $2K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 962 Sq Ft

  3554 N Watkins St, Memphis, TN 38127

  Great opportunity with some work needed- ARV-$125,000 Market rent $1100.00. New roof and interior in 2024. Property to be sold in AS IS condition with no repairs to me made by the Seller. Please schedule a showing with Broker Bay or call Brett Bernard for more information.

  Brett Bernard The Stamps Real Estate Company

  3554 N Watkins St, Memphis, TN 38127
• 

  

  /2

  $58,000

  • Land
  • 14,374 Sq Ft
  • $175,758 per Acre

  2065 Pamela Dr, 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

  2065 Pamela Dr, Memphis, TN 38127
• 

  

  

  /11

  $125,000

  • 2 Beds
  • 1 Bath
  • 824 Sq Ft

  4064 Truman Ave, Memphis, TN 38108

  Seller finance. All property facts to be verified.

  ANDRES NORENA eXp Realty, LLC

  4064 Truman Ave, Memphis, TN 38108
• 

  

  

  /7

  $72,000

  $17K PRICE DROP

  • 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
• 

  /2

  $27,500

  • Land
  • 6,969 Sq Ft
  • $171,875 per Acre

  0 Jennette St, Memphis, TN 38126

  SOLD AS A PACKAGE DEAL! Attention investors, builders, and developers! Don't miss this unique opportunity to acquire 17 parcels of land being offered as one package. Whether you're looking to expand your investment portfolio, develop multiple homesites, or secure land for future growth, this package offers incredible potential. Included Parcels: 813 Coahoma 964 Wellington 951 Driver 650 Jeanette

  Chinna Prude C21 Patterson & Assoc. Real Es

  0 Jennette St, Memphis, TN 38126
• 

  

  /25

  $85,000

  • 3 Beds
  • 2 Baths
  • 1,480 Sq Ft

  2324 Shasta Ave, Memphis, TN 38108

  Rehab ready! This 1480-square-foot, 3-bedroom, 2-bathroom property is the ideal project for investors or buyers looking to customize a home with much of the foundational demo and heavy construction already completed. Positioned in a strong, steady-demand Memphis submarket, this home offers an efficient layout and a smart canvas to maximize your after-repair value (ARV). No wholesalers or contract

  Shae Roberts Advantage Property Management

  2324 Shasta Ave, Memphis, TN 38108
• 

  /2

  $7,000

  $3K PRICE DROP

  • 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
• 

  /2

  $10,000

  • 3 Beds
  • 1 Bath
  • 1,370 Sq Ft

  1427 Latham St, Memphis, TN 38106

  ATTENTION BUILDERS & INVESTORS! Home is considered a tear down and is being sold for land value only. Excellent opportunity to redevelop. Property is being sold AS-IS.

  April Mallory KAIZEN Realty, LLC

  1427 Latham St, Memphis, TN 38106
• 

  

  /4

  $12,000

  $6K PRICE DROP

  • 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
• 

  /2

  $4,950

  • Land
  • 2,613 Sq Ft
  • $82,500 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
• 

  

  /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
• 

  

  /13

  $74,000

  $15K PRICE DROP

  • 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
• 

  

  /15

  $99,900

  • 3 Beds
  • 2 Baths
  • 988 Sq Ft

  3296 Madewell St, Memphis, TN 38127

  Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No wholesaler or assignment of contract offers will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3296 Madewell St, Memphis, TN 38127
• 

  /2

  $7,500

  • Land
  • 2,178 Sq Ft
  • $150,000 per Acre

  0 Red Oak Ave, Memphis, TN 38112

  Great opportunity to build a home or investment property on this vacant lot in Memphis. Buyer to verify lot dimensions, zoning, utilities, and any building requirements. Convenient access to major roadways and local amenities.

  Crystal Mitchell Renshaw Company, REALTORS

  0 Red Oak Ave, Memphis, TN 38112
• 

  

  /16

  $140,000

  $10K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,358 Sq Ft

  4502 Cottonwood Rd, Memphis, TN 38118

  ATTENTION INVESTORS!! Great rental property. DRIVE-BY-ONLY! No Sign on Property. TENANT RIGHTS. Text or Call Listing Agent for more details. NO SHOWINGS WITHOUT ACCEPTED OFFER! DO NOT DISTURB TENANTS!!! Presently under 2 year lease ending 2028 for $1245 monthly. New hot water heater, new H/A. Owner replaced carpetand repainted. Corner lot. Features 3 bedrooms, LR, DR, eat in kitchen,sunroom, plus

  Terrence Johnson eXp Realty, LLC

  4502 Cottonwood Rd, Memphis, TN 38118
• 

  /2

  $74,900

  • 3 Beds
  • 1.5 Baths
  • 1,260 Sq Ft

  3599 Ramill Rd, Memphis, TN 38128

  Bring your vision & creativity to this charming home in a mature neighborhood for a great fix & flip or portfolio add! Property is being sold "AS-IS" and can be updated to your liking. This home has a solid structure and layout and is conveniently located near shopping and schools. Cash or conventional only. Will not go FHA. Don't miss out on this exciting opportunity! Contact Listing Agent for

  Taneisha Lomax C21 Patterson & Assoc. Real Es

  3599 Ramill Rd, Memphis, TN 38128
• 

  /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
• 

  /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
• 

  

  /11

  $40,800

  $4K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 960 Sq Ft

  2822 Los Gatos Ct Unit 2, Memphis, TN 38115

  Nice Condo located near golf course in The Hamlet Condo, walking distance to school, shopping and more. Hardwood floors, upstairs unit located in cove.

  ?? ? Reliable Realty & Property Mgt

  2822 Los Gatos Ct Unit 2, Memphis, TN 38115
• 

  /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

  $75,000

  $5K PRICE DROP

  • Land
  • 3.9 Acres
  • $19,231 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
• 

  

  /15

  $79,900

  $8K PRICE DROP

  • 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.

  Joe Payne The Peyton Co., Inc., REALTORS

  4282 Westmont Rd, Memphis, TN 38109
• 

  /2

  $90,000

  • 3 Beds
  • 1 Bath
  • 962 Sq Ft

  2190 Gayle Ave, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $995 per month. This asset can also be purchased as part of a larger investment package totaling $3,766,500, providing an exceptional opportunity for buyers seeking a strong portfolio addition.

  Fred Sengstacke KAIZEN Realty, LLC

  2190 Gayle Ave, Memphis, TN 38127
• 

  

  /5

  $79,000

  $8K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 916 Sq Ft

  3867 W Valley Cir, Memphis, TN 38109

  This corner lot home has good potential to be a rental. being sold "as-is". If you are looking to add another property to your portfolio this would be a good one. Close to stores, restaurants, schools new Community Impact Center being built on Third St.

  Ludora Cooper Prime Realty & Investments

  3867 W Valley Cir, Memphis, TN 38109
• 

  

  /16

  $115,000

  $5K PRICE DROP

  • 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
• 

  /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
• 

  

  /9

  $65,000

  • 2 Beds
  • 1 Bath
  • 840 Sq Ft

  1616 Harmen St, Memphis, TN 38108

  Attention Investors and Rehabbers! Opportunity awaits at 1616 Harmen St. This property needs substantial renovation but offers strong upside potential for those looking to add value. Conveniently located near major transportation routes, including I-40, this home could be an excellent addition to an investment portfolio, rental inventory, or fix-and-flip project. Sold as-is. Cash or renovation

  Silvana Piadade eXp Realty, LLC

  1616 Harmen St, Memphis, TN 38108
• 

  

  /3

  $49,900

  • 2 Beds
  • 2 Baths
  • 955 Sq Ft

  2789 Sonora Dr Unit 1, Memphis, TN 38115

  Turnkey investment opportunity! This tenant-occupied 2-bedroom, 2-bath condo is generating $850 per month in rental income and is ideal for investors looking to add to their portfolio. Located in The Hamlets community, this one-level condo offers approximately 960 square feet, a functional floor plan and patio. The HOA covers exterior maintenance, helping reduce ownership responsibilities.

  Tanika Bland BEST Real Estate Company

  2789 Sonora Dr Unit 1, Memphis, TN 38115
• 

  

  /18

  $89,500

  • 3 Beds
  • 1 Bath
  • 1,626 Sq Ft

  1371 S Parkway E, Memphis, TN 38106

  Come check out this 3 bed, 1 bath home featuring original hardwood floors and a roof in good condition. The property needs a little TLC, including some structural work, and is priced accordingly for the right buyer or investor.

  Antonio Walton The Home Partners Realty

  1371 S Parkway E, Memphis, TN 38106
• 

  /2

  $85,000

  • 3 Beds
  • 2 Baths
  • 1,409 Sq Ft

  3592 N Trezevant St, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $755 per month. This asset can also be purchased as part of a larger investment package totaling $3,766,500, providing an exceptional opportunity for buyers seeking a strong portfolio addition.

  Fred Sengstacke KAIZEN Realty, LLC

  3592 N Trezevant St, Memphis, TN 38127
• 

  

  /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

  $114,000

  $16K PRICE DROP

  • 4 Beds
  • 1 Bath
  • 1,218 Sq Ft

  855 Hilton St, Memphis, TN 38114

  Price Improvement! 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

  Aaron Ivey eXp Realty

  855 Hilton St, Memphis, TN 38114
• 

  

  /10

  $91,400

  $9K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,162 Sq Ft

  3246 Chisca Ave, Memphis, TN 38111

  Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38111 area. Cash flowing with a monthly rental amount of $1,040/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

  3246 Chisca Ave, Memphis, TN 38111
• 

  

  /4

  $13,699

  $11K PRICE DROP

  • Land
  • 7,405 Sq Ft
  • $80,582 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
• 

  

  /5

  $55,000

  • 3 Beds
  • 1 Bath
  • 946 Sq Ft

  2323 Shasta Ave, Memphis, TN 38108

  This 3bed 1bath home needs repairs, but is priced accordingly. Home has a big front porch, and durable laminate flooring. The roof looks like it was recently replaced. Home was substantially upgraded a few years ago, but now needs repairs, ONLINE VIDEO AVAILABLE UPON REQUEST. It could be worth a lot of money once rehabbed. Home next door was recently rehabbed, home across the street is in the

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2323 Shasta Ave, Memphis, TN 38108
• 

  

  /7

  $135,000

  $5K PRICE DROP

  • 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
• 

  

  /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
• 

  /2

  $102,000

  $3K PRICE DROP

  • 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
• 

  

  /3

  $6,000

  • Land
  • 4,356 Sq Ft
  • $60,000 per Acre

  118 Dover Ave, Memphis, TN 38106

  Vacant level lot for sale, utilities available. Seller offering owner finance at $1,000 down and starting at $269 a month. Individually sold but part of package of lots. Previously bought in tax sale. buyer responsible for endorsement fee

  Virgil Pryor Harris Realty Services

  118 Dover Ave, Memphis, TN 38106

Showing Results 441 - 480, Page 12 of 18