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

• 

  

  /2

  $23,000

  • Land
  • 0.16 Acre
  • $143,750 per Acre

  1676 Walker Ave, Memphis, TN 38114

  Excellent lot for sale in Glenview. This lot is zoned Residential and backs up to 996 Rozelle, both are for sale but can be sold individually.

  Amanda Kirkman KAIZEN Realty, LLC

  1676 Walker Ave, Memphis, TN 38114
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  /14

  $139,900

  • 4 Beds
  • 2 Baths
  • 1,647 Sq Ft

  2721 Nix Cove, Memphis, TN 38127

  Recent rehab in past 2 years. Tenant occupied currently rented for $1,395 month. Valid lease until 9/26. Pictures are after rehab and before tenant. Great turn key rental.

  Joe King Marathon REALTORS, LLC

  2721 Nix Cove, Memphis, TN 38127
• 

  

  

  /17

  $84,999

  • 3 Beds
  • 1 Bath
  • 819 Sq Ft

  1688 Pendleton St, Memphis, TN 38114

  Wonderful 2 bedroom one bathroom home that has several recent upgrades and wonderful features including: exposed brick wall, updated kitchen, downstairs basement, painted wood exterior, large side porch, big backyard, etc. This home has a huge upstairs that could be a bonus room or extra storage area. ONLINE VIDEO AVAILABLE. Utilities are currently on and immediate possession is available. Seller

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1688 Pendleton St, Memphis, TN 38114
• 

  

  /2

  $75,000

  • 3 Beds
  • 1 Bath
  • 1,218 Sq Ft

  1086 E Trigg Ave, Memphis, TN 38106

  This investment offers an opportunity with a tenant already in place and generating monthly income of $950. It provides immediate cash flow at closing, making it ideal for both new and experienced investors seeking a stable addition to your portfolio. This property delivers reliable performance and long-term potential. Professional management is available if desired, allowing for a seamless and

  Terrance Hill eXp Realty, LLC

  1086 E Trigg Ave, Memphis, TN 38106
• 

  

  

  /21

  $56,990

  • 2 Beds
  • 1.5 Baths
  • 800+ Sq Ft

  3764 Cambridge Station Dr Unit 7, Memphis, TN 38115

  Nice, beautiful and well kept 2bedroom 2bathroom townhome in Cambridge Condo's. But it can be as well for owner occupancies, your choice. Nice size backyard for BBQ and small gatherings, unit is freshly painted and kitchen cabinets had been renewed. Low taxes and low HOA fees.

  Jonathan Minerick homecoin.com

  3764 Cambridge Station Dr Unit 7, Memphis, TN 38115
• 

  

  /9

  $145,000

  • 3 Beds
  • 1.5 Baths
  • 1,127 Sq Ft

  5207 Breckenwood Dr, Memphis, TN 38127

  1% CASH FLOW- ONE YEAR BUILDER WARRANTY and TENANT PLACEMENT. MHA RENT $1500.- 3 BR 1.5 Bath home fully renovated- new roof, exterior paint, bathrooms and kitchen, new condenser, new furnace, hot water heater, lighting, and fixtures. Can be sold as a pkg with the following MLS listings: 10212251, 10212252, 10212253, 10212255. No owner finance or wholesalers. Home is currently vacant- contact

  Brett Bernard The Stamps Real Estate Company

  5207 Breckenwood Dr, Memphis, TN 38127
• 

  

  /14

  $74,900

  • 2 Beds
  • 1 Bath
  • 936 Sq Ft

  689 Baltimore St, Memphis, TN 38114

  Excellent investment opportunity in Orange Mound. Seller just did a rent ready.

  Caleb Parr Renshaw Company, REALTORS

  689 Baltimore St, Memphis, TN 38114
• 

  

  /12

  $59,900

  • 2 Beds
  • 1 Bath
  • 1,110 Sq Ft

  1338 Dunnavant St, Memphis, TN 38106

  Charming 2bed 1bath home with a good floorplan, large fenced yard, located minutes away from multiple parks and the interstate. This can be a great Primary residence or investment property. Home is located on a quiet street. Offered at an excellent price. Many homes in this area are being rehabbed and sold for more money. ONLINE VIDEO AVALABLE ON REQUEST. CASH OFFERS ONLY. Please do all

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1338 Dunnavant St, Memphis, TN 38106
• 

  

  /22

  $129,900

  • 4 Beds
  • 2 Baths
  • 1,769 Sq Ft

  645 Mcwhirter Ave, Memphis, TN 38127

  Wonderful Duplex that is currently Vacant. NO CITY TAXES. ONLINE VIDEO AVAILABLE UPON REQUEST. This can be a great investment property for you. Could also live on one side and rent the other if wanted. Market rent is $900/side. Tenants pay all utilities. Each unit has new paint and is in rent-ready condition. RARE OPPERTUNITY (Not many duplexes in this area, can generate a lot of positive

  Tyler Tapley Crye-Leike, Inc., REALTORS

  645 Mcwhirter Ave, Memphis, TN 38127
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  /2

  $90,000

  • 4 Beds
  • 1.5 Baths
  • 1,200 Sq Ft

  4664 Sugar Creek Rd, Memphis, TN 38118

  This 4-bedroom, 1-bath home sits on a corner lot and offers strong upside potential. Property needs renovation and is being sold As-Is. Utilities are off and will not be turned on for inspections. Cash buyers only – proof of funds required with all offers. Great opportunity!

  Melissa Baines Keller Williams

  4664 Sugar Creek Rd, Memphis, TN 38118
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  /8

  $120,500

  • 2 Beds
  • 2 Baths
  • 1,092 Sq Ft

  706 Lester St, Memphis, TN 38112

  Turnkey rental in Binghampton ready to be added to your portfolio! 1br units each side, both vacant but were leased at $600/mo! Minutes away from Overton Park, tons of shopping, dining and amenities along Summer and Broad Ave, also easy access to I-40. Please don’t disturb tenants and make all offers contingent upon inspection.

  Duane Kinnard Tri-Leake Realty

  706 Lester St, Memphis, TN 38112
• 

  

  /30

  $134,900

  • 4 Beds
  • 1.5 Baths
  • 1,044 Sq Ft

  3860 Castleman St, Memphis, TN 38118

  This lovely 4-bedroom, 1.5 -bath ranch-style home greets you with a large front yard and inviting curb appeal. Inside, you'll find a comfortable layout ideal for everyday living. Perfect for first-time buyers or anyone seeking single-story convenience, this home blends comfort, charm, and modern touches.

  Alexis Martz Trelora Realty

  3860 Castleman St, Memphis, TN 38118
• 

  

  /13

  $79,900

  • 4 Beds
  • 2.5 Baths
  • 2,290 Sq Ft

  1490 Lockhaven Ave, Memphis, TN 38106

  4 bedroom 2.5 bathrooms brick exterior on dead end street. large parking pad. Great investment property to add to your portfolio, please do not disturb the tenant, showing time can be arranged with tenant approval.

  Ed Engelke United Real Estate Mid South

  1490 Lockhaven Ave, Memphis, TN 38106
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  /2

  $5,000

  • Land
  • 0.4 Acre
  • $12,500 per Acre

  2955 Northgate St, Memphis, TN 38127

  This is a bulk package of 3 parcels to be sold together only. 883 Whitney Parcel ID# 069024 00002 and 877 Whitney Parcel ID# 069024 0000, and 2955 Northgate St Parcel ID# 069021 00006

  Michelle Shelton The Peyton Co., Inc., REALTORS

  2955 Northgate St, Memphis, TN 38127
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  /2

  $9,000

  • Land
  • 0.17 Acre
  • $52,941 per Acre

  1612 Winston Dr, Memphis, TN 38127

  ?? Build Your Dream Home on This Prime Vacant Lot! ?? ?? Location: Subdivision ANS, Winston Dr ?? Lot Size: 7,800 SQ FT (Approx. 65.39 ft x 60 ft x 142 ft x 116 ft) ?? Total Acres: 0.179 This beautiful, ready-to-build lot is waiting for you! With 7,800 square feet, you'll have plenty of space to create your perfect home or investment property. Nestled in the desirable ANS Subdivision on Winston

  Jerry Harris TRG Real Estate Services, LLC

  1612 Winston Dr, Memphis, TN 38127
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  /2

  $37,000

  • Land
  • 0.12 Acre
  • $308,333 per Acre

  640 E Pontotoc Ave, Memphis, TN 38126

  Great Vacant Home lot to build new construction for sale or for rent. Lot is 43x128. We have 24 other lots available on this street as well for sale in smaller groups or buy them all.

  Chris Garland Crye-Leike, Inc., REALTORS

  640 E Pontotoc Ave, Memphis, TN 38126
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  /13

  $144,900

  • 3 Beds
  • 2.5 Baths
  • 1,574 Sq Ft

  443 N Highland St Unit 2, Memphis, TN 38122

  Discover a great opportunity in East Memphis. This 3 bedroom, 2.5 bath unit at 443 Highland St Apt 2 is being sold as-is and is ready for your updates and personal touch. Located within 10 minutes from the Liberty Bowl, U of M, and Cooper-Young, this property offers unbeatable convenience. Perfect for anyone looking to add instant equity. Don’t miss it!

  Joshua Moss KAIZEN Realty, LLC

  443 N Highland St Unit 2, Memphis, TN 38122
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  /30

  $114,900

  • 3 Beds
  • 1.5 Baths
  • 1,306 Sq Ft

  3270 Frayser View Dr, Memphis, TN 38127

  Welcome to 3270 Frayser View Dr in Memphis, TN! This one-story home features 3 comfortable bedrooms and 1.5 bathrooms, offering a practical and inviting layout. Enjoy both a spacious living room and a separate family room, perfect for entertaining, relaxing, or creating flexible living spaces. The single-level design makes everyday living easy and accessible.

  Alexis Martz Trelora Realty

  3270 Frayser View Dr, Memphis, TN 38127
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  /2

  $20,000

  • Land
  • 0.11 Acre
  • $181,818 per Acre

  935 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

  935 Tully St, Memphis, TN 38107
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  /11

  $130,000

  • 4 Beds
  • 1.5 Baths
  • 1,481 Sq Ft

  556 Melton Ave, Memphis, TN 38109

  Welcome to 556 Melton Avenue, a spacious 4-bedroom, 1.5-bath home offering comfort and functionality. The property features hardwood and tile flooring throughout, central heat and air with climate control, and window coverings. The kitchen includes a vent-a-hood, and the home also offers a fenced yard for outdoor enjoyment. Don't miss out! TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO

  James Wachob Foundation Property Management

  556 Melton Ave, Memphis, TN 38109
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  /5

  $65,000

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

  1514 S Willett St, Memphis, TN 38106

  Investor alert! This 2-bed, 1-bath South Memphis bungalow offers 1,136 sq ft of potential. Built in 1920, it features a spacious living room, separate dining, and sits on a 5,662 sq ft lot. Currently rented for $765/month, with a Rent Zestimate® of $923/month. Minutes from Elvis Presley Blvd and South Parkway West. Driveway parking, mature trees, and classic charm. NO SHOWINGS WITHOUT AN ACCEPTED

  Curtis Bleeker KAIZEN Realty, LLC

  1514 S Willett St, Memphis, TN 38106
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  /25

  $74,901

  • 2 Beds
  • 1 Bath
  • 745 Sq Ft

  2993 Walnut Grove Rd Unit 2, Memphis, TN 38111

  Low maintenance? Centrally located? Phenomenal price? AND with a ground unit??? This is the one! A great and cute space that would be a perfect spot for the right owner. 2 bedrooms and 1 bathroom all on the ground floor. Kitchen appliances included. Gas cooking as well! A fantastic courtyard and pet area. A great community feel, complete with firepit and a sitting area. Washer and dryer in unit

  Jeffrey Howard Bluff City Realty Group, LLC

  2993 Walnut Grove Rd Unit 2, Memphis, TN 38111
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  /10

  $70,000

  • 2 Beds
  • 1 Bath
  • 702 Sq Ft

  2616 Whitman Ave, Memphis, TN 38112

  Two bedroom home perfect for first time home buyers and or investors. The Seller is not willing to do any repairs . The house was recently updated. New roof 1-2 yrs old. Very quiet neighborhood. Cash, Conv.

  Carolyn Randolph Crye-Leike, Inc., REALTORS

  2616 Whitman Ave, Memphis, TN 38112
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  /10

  $70,000

  • 4 Beds
  • 2 Baths
  • 2,076 Sq Ft

  775 Alma St, Memphis, TN 38107

  7-bedroom rooming home Vacant as of now. Sold as is. 773 Alma to be sold as a package.

  Virgil Pryor Harris Realty Services

  775 Alma St, Memphis, TN 38107
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  /2

  $109,900

  • 3 Beds
  • 1 Bath
  • 983 Sq Ft

  3037 Brisdane St, Memphis, TN 38118

  Awesome rental chance in a really solid investment neighborhood - right off of S Perkins, by the interstate in Parkway Village! The tenant has been in the home since before the current owner purchased it, so it's been an awesome performer for him! Selling to clear up IRA funds for a new investment. No interior photos available, interior condition unknown, but good enough to pass MHA annuals.

  Randall Weatherall Memphis Metro Realty

  3037 Brisdane St, Memphis, TN 38118
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  /5

  $99,900

  • 3 Beds
  • 1 Bath
  • 860 Sq Ft

  827 Par Ave, Memphis, TN 38127

  INVESTORS ONLY!!! Lovely 3bed 1 bath home currently rented at $950/mo. This could be a great addition to your portfolio. Home was substantially rehabbed in 2022. Roof, A/C, and water heater should all be less than 10 years old. No sign in the yard. Please do not disturb or approach the tenant. Professionally managed --- Leases, ledgers repair history available upon request. NO SHOWINGS WITHOUT AN

  Tyler Tapley Crye-Leike, Inc., REALTORS

  827 Par Ave, Memphis, TN 38127
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  /7

  $125,000

  • 4 Beds
  • 1 Bath
  • 1,188 Sq Ft

  3614 Trudy Cove, Memphis, TN 38128

  tenant occupied investment property, do not disturb tenant. Tenant's rights apply. showings only permitted with accepted offer. Interior photos depict condition before current tenant occupancy.

  Justin Thorne HomePlace Real Estate

  3614 Trudy Cove, Memphis, TN 38128
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  /15

  $109,900

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

  810 Northaven Dr, Memphis, TN 38127

  Great Investment Property! County Taxes Only! Professionally Managed! Investors only, tenant occupied don't disturb tenants.Pictures are before tenant moved in. 3bd/1bath renovated in 2022 with new tile floors, updated bathroom, new cabinets & countertops in kitchen, and fenced corner lot. Currently rented at $1050 and tenant in lease until 8/2026. Could be a great investment to your portfolio or

  Monica Bynum Crye-Leike, Inc., REALTORS

  810 Northaven Dr, Memphis, TN 38127
• 

  

  /22

  $125,400

  • 3 Beds
  • 2.5 Baths
  • 1,876 Sq Ft

  3654 Haughton Ln Unit 2, Memphis, TN 38128

  Don't miss out on the hidden gem. 3 bedroom 2.5 bath Condo that has been pampered. New flooring thru out this spacious condo. It has a living room with a wet bar and a wood burning fire place. Separate dining area and also a den. Right off the kitchen is a bar counter top to sit and chill. Updated bathrooms. New windows. New paint and stairs. It has plenty of storage thru out with large closets

  Mark Logan Harris Realty Services

  3654 Haughton Ln Unit 2, Memphis, TN 38128
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  /28

  $60,000

  • 2 Beds
  • 1.5 Baths
  • 1,126 Sq Ft

  3554 Morning Dew Ct Unit 11, Memphis, TN 38118

  This condo is located in a great location! It's just minutes from the Memphis Airport, Mississippi state line, Whitehaven area expressway and more! This would make a great rental or first time home for a buyer! It has fresh paint, new LVP flooring, new countertops, light fixtures, new refrigerator and dishwasher! Seller has done most of the renovation, but there is still some work to be done.

  Verna Littleton Fast Track Realty, LLC

  3554 Morning Dew Ct Unit 11, Memphis, TN 38118
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  /9

  $108,000

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

  3040 S Edgeware Rd, Memphis, TN 38118

  Three bedroom two bathroom BRICK home on one level that is being offered at a great price. This home has a rear den that could be converted to a 4th bedroom if needed. ONLINE VIDEO AVAILABLE UPON REQUEST. Home has wood laminate floors, large backyard, inviting front porch, and an excellent floor plan. This could be a great primary residence or investment property. Excellent BRRRR opportunity or

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3040 S Edgeware Rd, Memphis, TN 38118
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  /3

  $140,000

  • 3 Beds
  • 1.5 Baths
  • 1,024 Sq Ft

  936 Olympic St, Memphis, TN 38107

  936 Olympic is a 3-bedroom, 1.1-bath home currently undergoing a full renovation. Once complete, the property will feature modern updates throughout along with washer and dryer connections for added convenience. This is a great opportunity for a buyer to secure a home while renovations are in progress and enjoy the finished result. More details to come as the remodel is completed.

  Tonja Pryor Assured Real Estate Services

  936 Olympic St, Memphis, TN 38107
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  /19

  $124,900

  • 3 Beds
  • 1 Bath
  • 1,158 Sq Ft

  641 E Mckellar Ave, Memphis, TN 38106

  Home has been totally renovated , with re-finished hardwood floor , updated bathroom . Home has 3 br down and an extra room upstairs that could be study or game room.

  Trina Payne Performance, REALTORS

  641 E Mckellar Ave, Memphis, TN 38106
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  /2

  $30,000

  • Land
  • 0.13 Acre
  • $230,769 per Acre

  1737 Vesey Ave, Memphis, TN 38114

  Vacant 40x150 lot in the Rozelle neighborhood. Flat lot and ready to build on. R-6 (H) zoning. Two other lots in the neighborhood also listed.

  Rob Thompson Bluff City Realty Group, LLC

  1737 Vesey Ave, Memphis, TN 38114
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  /4

  $150,000

  • Land
  • 0.24 Acre
  • $625,000 per Acre

  2180 Elvis Presley Blvd, Memphis, TN 38106

  This lot is offered with a lot of 1349 Eloise and 0 Mallory, vacant lots behind 2180 Elvis Presley. ALL TO BE SOLD TOGETHER.

  Sonja Hester Progressive Realty Services

  2180 Elvis Presley Blvd, Memphis, TN 38106
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  /2

  $30,000

  • Land
  • 0.35 Acre
  • $85,714 per Acre

  3621 S 3rd St, Memphis, TN 38109

  Commercial Lot/Land available on S Third St., great business opportunity.

  Jeff Goff Keller Williams

  3621 S 3rd St, Memphis, TN 38109
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  /2

  $47,500

  • Land
  • 1.31 Acres
  • $36,260 per Acre

  3539 Schoolfield Rd, Memphis, TN 38127

  Location Location Location! This lot is now available! A little over an acre of land. Suitable for many uses. Not far from Nike and Amazon. Don't miss out on this opportunity! BRING ALL OFFERS!!!** Parcel: 072106-00039C

  Brittan Robbins Real Broker

  3539 Schoolfield Rd, Memphis, TN 38127
• 

  

  /15

  $137,000

  • 3 Beds
  • 2.5 Baths
  • 1,800+ Sq Ft

  5281 Scottsdale Ave Unit 6, Memphis, TN 38118

  Move in Ready or Rent ready. 3 bedrooms, 2.5 baths. Open concept.

  Greg Renfrow NextHome Cornerstone Realty

  5281 Scottsdale Ave Unit 6, Memphis, TN 38118
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  /10

  $128,000

  • 3 Beds
  • 1 Bath
  • 993 Sq Ft

  5083 Carterville Place, Memphis, TN 38127

  Charming 3 bedroom 1 bath renovated home in Northaven, great for owner occupant or investor, Move-in ready! New roof in 2024. Freshly painted, new light fixtures, and check out the kitchen! This home qualifies for special 100% financing for owner occupant buyers so call Saprina Bowman to get details and if you need someone to show it to you. Owner has a home warranty that goes with home through

  Saprina Bowman Crye-Leike, Inc., REALTORS

  5083 Carterville Place, Memphis, TN 38127
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  /21

  $49,900

  • Land
  • 2.14 Acres
  • $23,318 per Acre

  3618 N Watkins St, Memphis, TN 38127

  PRICE REDUCED! Get 2 lots for the price of ONE! Great opportunity to secure a high traffic location for your business! This spot offers great visibility for your retail business, restaurant, car lot, nail shop, you name it! The location is the former home of Bergeron's Flower Shop, so it's believed to already be set up to have utilities running to it. Buyer to confirm. This lot MUST be sold with

  Kesha Hamilton Keller Williams

  3618 N Watkins St, Memphis, TN 38127

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