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

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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

  $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. Can be sold together with MLS #'s 10199306,10198754,10199305,10199299

  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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  /3

  $149,900

  • 4 Beds
  • 2 Baths
  • 1,344 Sq Ft

  961 N Highland St, Memphis, TN 38122

  Fantastic investment opportunity in the Shelby area. Cash flowing with a monthly rental amount of $750 & $875/month. The lease ends on 07/31/2026 & 08/31/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  961 N Highland St, Memphis, TN 38122
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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
• 

  

  /19

  $118,900

  • 2 Beds
  • 1 Bath
  • 935 Sq Ft

  829 Josephine St, Memphis, TN 38114

  Welcome home to this charming renovated 2 BR + 1 Bath home with modern updates throughout. This move-in ready home features fresh interior & exterior paint, new vinyl wood flooring, and updated interior & exterior light fixtures. The kitchen has been refreshed with white shaker cabinets & new countertops, offering a clean and functional space. The bathroom includes a new vanity and updated

  Raychel Day Renshaw Company, REALTORS

  829 Josephine St, Memphis, TN 38114
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  /8

  $120,000

  • 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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  /2

  $9,000

  • Land
  • 0.08 Acre
  • $112,500 per Acre

  707 S Lauderdale St Unit 51, Memphis, TN 38126

  Rare opportunity to acquire a portfolio of infill land parcels across established and growing Memphis neighborhoods, ideal for new construction, build-to-rent communities, or long-term investment. Several parcels are clustered, allowing for scalable or phased development strategies in areas experiencing continued revitalization and strong rental demand. Portfolio includes the following

  Austin Rowe Onward Real Estate

  707 S Lauderdale St Unit 51, Memphis, TN 38126
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  /3

  $150,000

  • 5 Beds
  • 2 Baths
  • 1,946 Sq Ft

  3422 Tutwiler Ave, Memphis, TN 38122

  Turnkey duplex offering strong income potential. One unit features 2 bedrooms and 1 bath, while the other offers 3 bedrooms and 1 bath, providing flexible rental options. Both units were updated in 2025 prior to current tenants moving in, including fresh interior and exterior paint, updated countertops, new flooring, and other modern touches. Property is currently tenant occupied and cash

  Michael Valenza eXp Realty, LLC

  3422 Tutwiler Ave, Memphis, TN 38122
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  /3

  $89,900

  • 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.

  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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  /20

  $122,999

  • 3 Beds
  • 2 Baths
  • 1,439 Sq Ft

  1503 Haywood Ave, Memphis, TN 38127

  Tenant Occupied, No Showings without accepted offer. Home Sits on Little Less than a 1/2 Acre, Offers Closed in Exterior Room for Outside Entertaining, with small Fish Pond. Washroom. Recently Renovated Kitchen. Living Room and Oversized Den. Conveniently Located with Easy Access to Millington and Downtown Memphis. No Wholesalers - No Assignment Options. Motivated Seller

  Jason Hunter Hunter Management, LLC

  1503 Haywood Ave, 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
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  /6

  $30,000

  • 2 Beds
  • 1 Bath
  • 900 Sq Ft

  1112 Coppock St, Memphis, TN 38107

  Located at 1112 Coppock St, this 2-bedroom, 1-bathroom home is a great opportunity for investors looking to add to their rental portfolio or complete a renovation project. This property is being sold as-is and is priced to sell.

  Geraldine Lewis Keller Williams

  1112 Coppock St, Memphis, TN 38107
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  /13

  $140,000

  • 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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  /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 Crye-Leike, Inc., REALTORS

  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

  Builders / Investors get your building plans ready! Lot sold "AS IS - WHERE IS." Buyer to conduct due diligence. Please submit Pre-Approval / Proof of Funds with offer. NO WHOLESALE OFFER OR TRANSFER OF CONTRACT. Seller has one additional lot for sale. 3415 S. Outlet Road, Memphis, TN 38109. MLS# 10216230. **Forbid showing and negotiation with seller.**

  Wonda McGowan McGowan Homes & R/E Services

  1219 Fiber Rd, Memphis, TN 38109
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  /37

  $149,990

  • 4 Beds
  • 2 Baths
  • 1,516 Sq Ft

  1404 Cameron St, Memphis, TN 38106

  Great opportunity for a First Time Buyer and cheaper than renting. This home has been refreshed and ready for a new buyer. Features 4 Bedrooms, 2 Baths, Hardwood / Broken tile flooring. Detached garage for plenty of storage space. Show and Sell today. Won't last long.

  Daryl Lewis Infinity Group REALTORS, Inc.

  1404 Cameron St, Memphis, TN 38106
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  /8

  $109,500

  • 2 Beds
  • 1 Bath
  • 894 Sq Ft

  3271 Seminole Rd, Memphis, TN 38111

  Great starter home for a first-time homebuyer. Featuring 2 bedrooms, 1 bath, with a large living room. Seller financing is offered.

  Tammy Coleman Legendary Realty

  3271 Seminole Rd, 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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  /28

  $120,000

  • 3 Beds
  • 1 Bath
  • 1,032 Sq Ft

  910 Annie St, Memphis, TN 38107

  Welcome to this charming 3 bedroom, 1 bathroom home featuring updated wood flooring and fresh paint throughout, giving the space a clean and inviting feel. The home offers a comfortable layout with plenty of natural light, creating a warm atmosphere from the moment you walk in. The updated flooring adds a modern touch while the neutral paint makes the home feel bright and move-in ready. With its

  Jeff Goff Keller Williams

  910 Annie St, Memphis, TN 38107
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  /6

  $109,000

  • 4 Beds
  • 2 Baths
  • 1,611 Sq Ft

  1165 Cannon St, Memphis, TN 38106

  Step into this fully renovated 4-bedroom, 1-bath. With new HVAC, roofing, electrical and plumbing completed in "2025". The home features modern updates with fresh maintenance free exterior. The interior layout flows beautifully from the living area into a stylish kitchen with updated cabinetry, and plenty of counter space. Spacious bedrooms and updated bathroom. Move-in ready. Seller is motivated.

  Stephanie Moss BEST Real Estate Company

  1165 Cannon St, Memphis, TN 38106
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  /22

  $115,000

  • 3 Beds
  • 2.5 Baths
  • 1,551 Sq Ft

  3157 Tulip Poplar Dr, Memphis, TN 38115

  Beautifully maintained 3-bedroom, 2.5-bath townhome featuring a 2-car detached garage and a private patio perfect for relaxing or entertaining. This home has been freshly painted, giving it a fresh, move-in-ready feel throughout. The spacious layout offers comfortable living with well-sized bedrooms and functional living areas. Conveniently centrally located near shopping, dining, and major

  KaTrina Kelly-Isom 4 Success Realty, LLC

  3157 Tulip Poplar Dr, Memphis, TN 38115
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  /2

  $90,000

  • 3 Beds
  • 1 Bath
  • 1,232 Sq Ft

  4097 Mossville St, Memphis, TN 38109

  Charming 3BR/1BA Home~Currently Tenant Occupied~Tenant's Rent is $891/mo~Professionally Managed by Local PM Company~Seller is also selling 3791 Marvin ($80k), 2933 N Radford ($70k) 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

  4097 Mossville St, Memphis, TN 38109
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  /2

  $12,000

  • Land
  • 0.07 Acre
  • $171,429 per Acre

  0 Mccomb Ave, Memphis, TN 38107

  Vacant lot for sale! Located on McComb Ave, this parcel offers a buildable site in a residential neighborhood. Close to local amenities and major roads. Buyer to verify zoning, utilities, and permitted uses. Perfect for new construction or investment.

  Joshua Moss KAIZEN Realty, LLC

  0 Mccomb Ave, Memphis, TN 38107
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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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  /16

  $130,000

  • 2 Beds
  • 1 Bath
  • 831 Sq Ft

  4408 Jamerson Rd, Memphis, TN 38122

  Great investment opportunity. No creative finance offers. No sign in yard. Property is 2 bedrooms, 1 bathroom, spacious living room that opens to dining area. Full kitchen with stove, fridge,washer hookup with dryer hookup in storage room. Property has hardwood floors throughout. Ceilings are smooth and walls have been freshly painted. Large fenced backyard!

  Jon Dickens The Firm

  4408 Jamerson Rd, Memphis, TN 38122
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  /29

  $82,500

  • 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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  /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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  /30

  $74,900

  • 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

  $10,500

  • Land
  • 0.07 Acre
  • $150,000 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 C21 Patterson & Assoc. Real Es

  0 Driver St, Memphis, TN 38126
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  /12

  $89,000

  • 3 Beds
  • 1 Bath
  • 925 Sq Ft

  1872 Portland Ave, Memphis, TN 38127

  Wonderful, Move-In Ready 3BR/1BA Home in Memphis~Previously Tenant Occupied for $975~Property Fully Renovated in 2020~Renovations Included New Furnace & New Central AC~Repairs Just Completed After Tenant Moved Out Including Fresh Interior Paint Throughout~Wood Floors Everywhere, No Carpet~Large Corner Lot

  Jennifer Carstensen Real Estate Agency

  1872 Portland Ave, Memphis, TN 38127
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  /16

  $85,000

  • 3 Beds
  • 1 Bath
  • 962 Sq Ft

  2815 Alvin Ave, Memphis, TN 38114

  Cute 3-bedroom one bath property in a cove. Kitchen and bath have both been updated. Hardwood and vinyl flooring throughout. Large backyard space great for entertaining. Would be great for either a first-time homeowner or an investor. Schedule your appointment today!!!!

  Karen Gray REMAX Experts

  2815 Alvin Ave, Memphis, TN 38114
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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, month to month. 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

  $129,000

  • 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, Termite

  Bill Malone Crye-Leike, Inc., REALTORS

  1960 N Parkway Unit 109, Memphis, TN 38112
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  /14

  $119,900

  • 3 Beds
  • 1 Bath
  • 1,053 Sq Ft

  1017 Gordon St, Memphis, TN 38122

  Cozy 3 bedroom, 1 bathroom home featuring comfortable living space and a decent-sized backyard, perfect for relaxing, grilling, or letting the kids and dogs run. A great place to call home.

  Crystal Mitchell Renshaw Company, REALTORS

  1017 Gordon St, Memphis, TN 38122

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