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

• 

  

  /2

  $74,900 Pre-Foreclosure

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

  3704 Ridgemont Ave, Memphis, TN 38128

  Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38128 area. Cash flowing with a monthly rental amount of $725/month. Currently on month to month. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3704 Ridgemont Ave, Memphis, TN 38128
• 

  

  /2

  $92,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3711 Wolf Trail Dr, Memphis, TN 38128

  PACKAGE SALE. Six properties. DRIVE-BY ONLY!!! No sign on properties. TENANT RIGHTS. DO NOT DISTURB TENANTS!!! Package includes 3421 Adrick Rd, 4616 Blanding Dr, 4243 Sunnyslope, 2865 Danville Cv and 3763 Clearbrook St. All properties rented & occupied. Total purchase price is $848,000. Combined monthly rent collected $6502. Text or call listing agent for more details. Properties NOT being sold

  Brook Loper 901 Properties

  3711 Wolf Trail Dr, Memphis, TN 38128
• 

  

  

  /3

  $20,000

  • Land
  • 0.48 Acre
  • $41,667 per Acre

  0 N 2nd St, Memphis, TN 38103

  This is a package of two parcels for $33,000. Parcel ID# 039030 00001C (this listing) and parcel ID# 039031 00004C (land to the north) Seller does not have a survey or any additional documentation. Pictures of lot are approximate. Buyer to do their own due diligence.

  Debbie Holtermann Coldwell Banker Collins-Maury

  0 N 2nd St, Memphis, TN 38103
• 

  

  

  /24

  $90,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  151 N Belvedere Blvd Unit 22, Memphis, TN 38104

  Turnkey Midtown investment property with tenant in place at $815/month, providing immediate income from day one. Well-maintained 2BR/1BA upper-level unit with functional layout and updated flooring. HOA covers exterior maintenance, water, trash, common areas, and building insurance, creating a low-maintenance, predictable investment. Located minutes from Overton Park, Crosstown, public transit,

  Philip Blayde Keller Williams

  151 N Belvedere Blvd Unit 22, Memphis, TN 38104
• 

  

  /2

  $98,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  293 Carbon Rd, Memphis, TN 38109

  Great investment opportunity in this rental income producing house. It has 2 bedrooms and 1 baths. Currently renting for $950 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Eight other rental houses available also.

  Harry Samuels Pinnacle Realty

  293 Carbon Rd, Memphis, TN 38109
• 

  

  /9

  $122,000

  • 3 Beds
  • 1.5 Baths
  • 1,317 Sq Ft

  3256 Denver St, Memphis, TN 38127

  INVESTORS ONLY! MULTIPLE PROPERTY PORTFOLIO Seller prefers bulk offers but will look at individual offers. Tenant occupied property available for sale. Professionally managed by Foundation Property Management. Lease and ledger available upon request. Currently rented for $1,075/month through 2/7/2027. No creative or owner financed offers. No wholesalers or assignments. Do not disturb or approach

  James Wachob Foundation Property Management

  3256 Denver St, Memphis, TN 38127
• 

  /2

  $107,500

  • 3 Beds
  • 1 Bath
  • 1,390 Sq Ft

  1251 Lamar Ave, Memphis, TN 38104

  Make this home your project. Complete rehab needed. AS-IS

  Andre Pruitt TRG Real Estate Services, LLC

  1251 Lamar Ave, Memphis, TN 38104
• 

  

  /3

  $50,000

  • Land
  • 3.78 Acres
  • $13,228 per Acre

  0 Washington Rd, Memphis, TN 38028

  Great strip of land between Washington Rd and Seward Rd with frontage along both.

  Frank Colvett REMAX Experts

  0 Washington Rd, Memphis, TN 38028
• 

  

  /32

  $84,900

  • 3 Beds
  • 1 Bath
  • 854 Sq Ft

  963 Leacrest Ave, Memphis, TN 38109

  Welcome to this charming 3-bed, 1-bath ranch featuring a beautifully updated kitchen and modern flooring throughout. Enjoy a bright, open layout and a spacious front yard perfect for outdoor living, gardening, or play. This well-maintained single-family home offers comfortable one-level living in a convenient location—move-in ready and full of potential!

  Alexis Martz Trelora Realty

  963 Leacrest Ave, Memphis, TN 38109
• 

  

  /12

  $110,000

  • 3 Beds
  • 1 Bath
  • 1,052 Sq Ft

  1941 Clifton Ave, Memphis, TN 38127

  Built 1985, 3 bed 1 bath investment property. All tile floors, recently painted interior. new blinds.

  Justin Thorne HomePlace Real Estate

  1941 Clifton Ave, Memphis, TN 38127
• 

  /2

  $89,900

  • 3 Beds
  • 1 Bath
  • 994 Sq Ft

  3912 Callahan Dr, Memphis, TN 38127

  Great home for a investor or first time home owner. Solid brick home. Being sold as is but in good move in condition. Recent rent ready rehab.

  Joe King Marathon REALTORS, LLC

  3912 Callahan Dr, Memphis, TN 38127
• 

  /2

  $5,500

  • Land
  • 0.08 Acre
  • $68,750 per Acre

  1079 S Orleans St, Memphis, TN 38126

  Vacant lot can be viewed anytime. Cleared and ready to build on. The lot can be sold individually or together with 1271 College St, 925 Fold Pl, 1079 Orleans, 1087 Orleans, 1089 Orleans, 1105 Orleans and 0 Azalia St for additional purchase.

  Pam Beall Crye-Leike, Inc., REALTORS

  1079 S Orleans St, Memphis, TN 38126
• 

  

  /18

  $150,000

  • 2 Beds
  • 1 Bath
  • 1,131 Sq Ft

  3579 Powell Ave, Memphis, TN 38122

  Furniture's are virtual staging to see potential. Roof only 4 years old, beautifully updated home in the heart of High Point Terrace! This charming 2-bedroom property features fresh interior paint, refinished floors, an updated kitchen and bath, and a spacious layout filled with natural light. Enjoy a large fenced backyard, perfect for pets or outdoor entertaining. Conveniently located just

  David Truong eXp Realty, LLC

  3579 Powell Ave, Memphis, TN 38122
• 

  

  /29

  $125,000

  • 3 Beds
  • 1.5 Baths
  • 1,267 Sq Ft

  4417 Cimmaron Dr, Memphis, TN 38109

  Beautiful three bedrooms, one in half bath home featuring a separate living room, den & eat in kitchen. Offers brick & wood exterior. All appliances will remain with the property. The home also boasts new carpet & fresh paint. Fenced backyard, storage room & storage building. Will go FHA or VA. Must see!!! No blind offers or assignments.

  Jimmie Hopson Crye-Leike, Inc., REALTORS

  4417 Cimmaron Dr, Memphis, TN 38109
• 

  /2

  $151,900

  • Land
  • 2.87 Acres
  • $52,927 per Acre

  4375 S Highway 61, Memphis, TN 38109

  VACANT LAND!!!!! WAITING YOUR VISION, HAS GREAT POTENTIAL NO SIGN DRIVE BY AND SEND ME YOR OFFER!

  Rosa Anderson Adaro Realty, Inc.

  4375 S Highway 61, Memphis, TN 38109
• 

  

  /9

  $149,900

  • 3 Beds
  • 2 Baths
  • 1,297 Sq Ft

  3082 Bluffdale St, Memphis, TN 38118

  Available now! Great home for homeowner or investor. Newly renovated. Spacious eat-in kitchen with dining room, separate living room, hardwood throughout, 2 car carport, large fenced-in backyard. Convenient location. House has just been freshly painted (Nov 2025) and cleaned and is move-in ready! Call today!

  Jeremy Veldman KAIZEN Realty, LLC

  3082 Bluffdale St, Memphis, TN 38118
• 

  

  /15

  $142,999

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

  4378 Sherrycrest Cove, Memphis, TN 38128

  $5,500 CREDIT FOR ROOF! Welcome to 4387 Sherry crest – a charming, move-in ready home perfect for first-time buyers, families, or investors! This well-maintained property features 3 spacious bedrooms and 2 full bathrooms, offering comfort and functionality. Enjoy cooking in the updated kitchen with stylish farm-style countertops, and entertain in the inviting living and dining rooms that offer

  Mahmoud 'Mac' El-Aina Pinnacle Realty

  4378 Sherrycrest Cove, Memphis, TN 38128
• 

  /2

  $90,000

  • 2 Beds
  • 2 Baths
  • 1,062 Sq Ft

  829 N Dunlap St, Casper, TN 82609

  Fantastic investment opportunity in the Shelby area. This 2br/2 bath Duplex is in the 38107 area. Cash flowing with a monthly rental amount of $700 for unit 829, unit 831 is vacant. The lease ends on 09/13/2025. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  829 N Dunlap St, Casper, TN 82609
• 

  

  /5

  $69,900

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

  4472 Rachael Rd, Memphis, TN 38127

  Why do the 1% rule when you can do better! Property rented out for $1000/month on a month-to-month. Charming 3 bedroom, 1 bath home in a quiet neighborhood that offers immediate cash flow. HVAC, electrical and plumbing upgrades done 3 years ago. Roof is 1 year old. No showings without accepted offer. DO NOT DISTURB TENANT. Sale is as-is.

  Farris Ibrahim Renshaw Company, REALTORS

  4472 Rachael Rd, Memphis, TN 38127
• 

  

  /20

  $116,500

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

  1247 Vistaview Cove, Memphis, TN 38127

  Investment opportunity. Tenant occupied property available for sale. Investors only. Brick home with three bedrooms, one and a half baths and covered parking on a quiet street. Professionally managed, lease and ledger available upon request. Currently rented for $1095/mo. Seller is also has 449 Fernwood, 1675 Haywood & 3245 Sinclair (can buy these houses in bulk or individually). All properties

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1247 Vistaview Cove, Memphis, TN 38127
• 

  /2

  $35,670

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  1404 Preston St, Memphis, TN 38106

  PRICE REDUCED OWNER MOTIVATED! GREAT INVESTMENT OR FIRST TIME HOMEBUYERS. HOME BEING SOLD AS-IS WHERE-IS WITH NO EXPRESSED WARRANTIES. SELLER(S) HAS OTHER PROPERTIES. IF YOUR BUYER SHOULD PURCHASE BOTH PROPERTIES AT 1 TIME SELLER(S) WILL OFFER A DISCOUNT CHECKOUT 3909 FIZER (LAND) CALL NOW, SELLERS ARE MOTIVATED

  Helen Jackson Good Shepherds Realty & Invest

  1404 Preston St, Memphis, TN 38106
• 

  

  /8

  $50,000

  • 1 Bed
  • 1 Bath
  • 696 Sq Ft

  2829 Los Gatos Ct Unit 1, Memphis, TN 38115

  Sold as-is. Perfect opportunity for a very nice 1B 1BA downstairs flat. Beautifully renovated BA .Washer and dryer connection. All appliances including refrigerator stays. Conveniently close to I-240 and TN-385. Tenant occupied paying $845/mo. Lease runs through Oct. 2026. Please Do Not Disturb tenants. No showing without an accepted offer. Lender required repairs only. Cash or Conventional only!

  Tenia McIntosh REMAX Experts

  2829 Los Gatos Ct Unit 1, Memphis, TN 38115
• 

  

  /30

  $79,900

  • 3 Beds
  • 1 Bath
  • 1,051 Sq Ft

  3420 Forrester Rd, Memphis, TN 38109

  Welcome home to this charming single-family ranch featuring 3 bedrooms and 1 full bath. Enjoy an inviting open floor plan with great natural light throughout. The spacious backyard offers endless possibilities—perfect for entertaining, gardening, or future expansion.

  Alexis Martz Trelora Realty

  3420 Forrester Rd, Memphis, TN 38109
• 

  

  /11

  $25,000

  • 5 Beds
  • 2.5 Baths
  • 2,694 Sq Ft

  1065 S 4th St, Memphis, TN 38126

  Large home being offered at a significant discount. This home has 5 bedrooms and could be worth a lot of money once fixed up. Home is located on a quiet street. Handyman special! Lot of money for the price (excellent price per square foot). Possible Fix and Flip Opportunity. Cash offers only. No neighbor on one side. Please do inspections up front. Seller is also selling 2389 Park (Commercial),

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1065 S 4th St, Memphis, TN 38126
• 

  /2

  $75,000

  • 4 Beds
  • 2 Baths
  • 1,597 Sq Ft

  1345 Gold Ave, Memphis, TN 38106

  Outstanding opportunity for investors seeking a property that is already cash flowing with a tenant in place. Currently leased at $1,100 per month, this home provides immediate income and stability from day one. The property is, making it well positioned for consistent returns. With professional management available if needed, this is a true turnkey investment that allows for a smooth and

  Terrance Hill eXp Realty, LLC

  1345 Gold Ave, Memphis, TN 38106
• 

  /2

  $16,900

  • Land
  • 0.17 Acre
  • $99,412 per Acre

  0 Edith Ave, Memphis, TN 38106

  Great build site! Support new construction in this area. Buyer to verify all utilities and perform any and all due diligence prior to closing. Selling AS IS -WHERE IS

  Dawn Kinard Welch Realty, LLC

  0 Edith Ave, Memphis, TN 38106
• 

  

  /5

  $104,900

  • 4 Beds
  • 2 Baths
  • 1,350 Sq Ft

  173 Hayden Place, Memphis, TN 38111

  Discover the perfect blend of potential and comfort in this spacious duplex, ideal for homeowners or investors. Prime Location in Binghampton area has seen revitalization efforts in recent years, with community development projects and new businesses emerging. Conveniently situated near schools, shopping, and major transit routes. Modern improvements in key areas, including refreshed flooring,

  Barry Less Leco Realty, Inc.

  173 Hayden Place, Memphis, TN 38111
• 

  /2

  $6,000

  • Land
  • 0.09 Acre
  • $66,667 per Acre

  499 E Waldorf Ave, Memphis, TN 38106

  Perfect level lot for Single Family Residence

  Mae Moore Grand Point Realty, LLC

  499 E Waldorf Ave, Memphis, TN 38106
• 

  /2

  $4,000

  • Land
  • 0.11 Acre
  • $36,364 per Acre

  2010 Amity Ave, Memphis, TN 38108

  Vacant lot, on which to build your next home, in established neighborhood.

  Rebecca Edwards Keller Williams

  2010 Amity Ave, Memphis, TN 38108
• 

  /2

  $124,500

  • 3 Beds
  • 1 Bath
  • 854 Sq Ft

  4511 Beacon Hill Dr, Memphis, TN 38127

  Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

  Patrice Williams-Wooten Keller Williams

  4511 Beacon Hill Dr, Memphis, TN 38127
• 

  

  /3

  $80,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  761 Harahan Rd, Memphis, TN 38109

  Investment Home. Three-bedroom, one-bathroom home is a strong investment opportunity offering reliable monthly rental income. The property is tenant-occupied and already cash flowing, providing immediate returns for the new owner. With a practical layout and consistent rental history, this home is well positioned as a low-maintenance addition to any portfolio.

  Terrance Hill eXp Realty, LLC

  761 Harahan Rd, Memphis, TN 38109
• 

  

  /5

  $79,900

  • 2 Beds
  • 1 Bath
  • 720 Sq Ft

  1916 Tulsa Ave, Memphis, TN 38127

  Attention savvy investors. Don't miss this turnkey investment property with a reliable tenant already in place, offering instant rental income of $850 monthly. Or tenant will need 30 days to vacate

  Treyanna Martin The Home Partners Realty

  1916 Tulsa Ave, Memphis, TN 38127
• 

  

  /6

  $57,000

  • 2 Beds
  • 1 Bath
  • 600+ Sq Ft

  3506 Kendrick Rd, Memphis, TN 38108

  3506 Kendrick Rd is a charming 2-bedroom, 1-bath Colonial-style home located in the Union Villa subdivision of Memphis. Built in 1950, this single-story property features laminate wood flooring, an eat-in kitchen with washer/dryer connections, and a wall-mounted heating unit. The home includes wood/composite windows and sits on a 7,405 sq ft lot with road frontage. Conveniently located near

  Curtis Bleeker KAIZEN Realty, LLC

  3506 Kendrick Rd, Memphis, TN 38108
• 

  

  /9

  $114,900

  • 3 Beds
  • 4.5 Baths
  • 1,000+ Sq Ft

  1640 Portland Ave, Memphis, TN 38127

  Fantastic investment opportunity in the Shelby area. This 3br/4.1 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $1,150/month. The lease ends on 11/30/2025. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  1640 Portland Ave, Memphis, TN 38127
• 

  /2

  $75,000

  • Land
  • 0.16 Acre
  • $468,750 per Acre

  743 E Pontotoc Ave, Memphis, TN 38126

  This listing is for 2 home lots. 743 E Pontotoc Ave is just one of the 2 lots. Zoning is RU-4 on these lots. Buyer can building single family homes or possibly combine lots to build Multifamily. Call agent to get a flyer with a detailed map of the lots.Total Acreage of the 2 lots is .31 acres. We have 23 other lots in the immediate area offered in various group sizes.

  Chris Garland Crye-Leike, Inc., REALTORS

  743 E Pontotoc Ave, Memphis, TN 38126
• 

  

  /34

  $125,000

  • 3 Beds
  • 1.5 Baths
  • 2,365 Sq Ft

  3634 Raleigh Millington Rd, Memphis, TN 38128

  This 3 bed 1.5 bath investor special is ready for someone who can see the potential and bring it back to life. The layout offers plenty of space to work with and the home already has features that buyers love, including a fenced in backyard and an inground pool. It needs some love throughout, which makes it a great option for anyone wanting to update a property and build equity. Cash or

  Kristy Harris eXp Realty

  3634 Raleigh Millington Rd, Memphis, TN 38128
• 

  /2

  $92,000

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

  2314 Pendleton St, Memphis, TN 38114

  Investment property available. This property could be a great addition to your portfolio. Tenant occupied, brick home on a corner lot with covered parking and a good looking roof. This property features new window units, a new bathroom, a den that could be used as a fourth bedroom and good curb appeal. It is currently rented for $950/mo to a well paying tenant. Do not disturb or approach the

  William Haynes Crye-Leike, Inc., REALTORS

  2314 Pendleton St, Memphis, TN 38114
• 

  /2

  $5,000

  • Land
  • 0.05 Acre
  • $100,000 per Acre

  1318 James St, Memphis, TN 38106

  Seller also selling 0 James (Parcel ID: 026028 00025) and 1312 James (Parcel ID: 026028 00024), can buy in bulk or individually. No Creative Or Owner Financed Offers. No Wholesale Or Assignment.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1318 James St, Memphis, TN 38106
• 

  /2

  $60,000

  • Land
  • 0.19 Acre
  • $315,789 per Acre

  2811 Frayser Blvd, Memphis, TN 38127

  Location Location Location! Suitable for many uses. Not far from Nika and Amazon. Don't miss out on this opportunity! **SCHEDULE YOUR PRIVATE SHOWING TODAY! BRING ALL OFFERS!!!** Other available lots 2777 Frayser Blvd. Parcel: 072107-00068 and 2793 Frayser Blvd. Parcel: 072107-00066

  Timika Montes de Oca Adaro Realty, Inc.

  2811 Frayser Blvd, Memphis, TN 38127
• 

  /2

  $4,250

  • Land
  • 0.08 Acre
  • $53,125 per Acre

  927 Crockett Place, Memphis, TN 38107

  UPTOWN LOT Ready to go!! Nice and flat with utilities at the road ready to build. Lots of new developments and property improvements going on in this area. Less than 10 minutes from downtown and convenient to I-40. Swing by anytime and take a look!

  Brad Beall Crye-Leike, Inc., REALTORS

  927 Crockett Place, Memphis, TN 38107

Showing Results 561 - 600, Page 15 of 18