1,263

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

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  • /2

    $139,500

    • 5 Beds
    • 2.5 Baths
    • 3,346 Sq Ft

    1443 S Parkway E, Memphis, TN 38106

    One owner home, a diamond in the rough, mostly hardwood flooring will need major rehab, over 3000 sq ft

    Howard Averyhart The Peyton Co., Inc., REALTORS

    1443 S Parkway E, Memphis, TN 38106
  • /21

    $114,000

    • 2 Beds
    • 1 Bath
    • 864 Sq Ft

    711 S Graham St, Memphis, TN 38111

    Tenant just vacated 2BR/1BA home in very popular Normal School Place neighborhood. Central Heat and Air, hardwood floors and fenced yard. Unique sewer encroachment allows investors to enter this subdivision at considerable discount. Owner/agent

    Jerry Couloubaritsis Mid-South Realty, Inc.

    711 S Graham St, Memphis, TN 38111
  • /12

    $60,000

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft

    105 N Belvedere Blvd Unit 6, Memphis, TN 38104

    Awesome opportunity in Midtown for an investor or owner occupant! This second-story condo features gas cooking and in-unit washer and dryer. For those looking for an investment property, this unit was previously rented for $1,075 per month. PACKAGE OPPORTUNITY! Seller would consider selling with: 45 N Belvedere #108, tenant occupied paying $550 per month on a month-to-month lease listed for $40k;

    Lauren Waites Real Estate Agency

    105 N Belvedere Blvd Unit 6, Memphis, TN 38104
  • /11

    $12,500

    • Land
    • 0.13 Acre
    • $96,154 per Acre

    1428 S Orleans St, Memphis, TN 38106

    Beautiful Park View! Prime vacant building lot directly across from Southside Park. Less than a block away, brand-new single-family homes are being built, adding amazing value to the area. Gas, water, sewer, and electric are available at the street, with a driveway approach already in place. This lot is ready for your vision — view anytime! Don’t miss your opportunity. Call today!

    Brad Beall Crye-Leike, Inc., REALTORS

    1428 S Orleans St, Memphis, TN 38106
  • /2

    $30,000

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

    1601 N Hollywood St, Memphis, TN 38108

    Tennille Tucker

    1601 N Hollywood St, Memphis, TN 38108
  • /15

    $110,000

    • 2 Beds
    • 1.5 Baths
    • 1,030 Sq Ft

    2080 Sharon Ln, Memphis, TN 38127

    Great home in great location! This property was fully rehabbed in 2023 and these pictures are from the most recent rent ready. This property was currently rented for $1,135 but the current tenant is being evicted. This is priced at the 1% rent to price and will be an excellent addition for the savvy investor and also equity locked in at purchase. No showings without accepted offer and please do

    Stephen Akindona Kairos Realty

    2080 Sharon Ln, Memphis, TN 38127
  • /35

    $85,000

    • 1 Bed
    • 1 Bath
    • 950 Sq Ft

    3080 Walnut Grove Rd Unit 404, Memphis, TN 38111

    1 bedroom, 1 bathroom condo with generous storage, covered balcony facing north (optimal in hotter months) with great sunsets, one gated, covered parking space. Appliances as shown in photos are available to be included with purchase (such as refrigerator, stacked washer-dryer). Living/dining combination approximately 14'x27'. Common area amenities: pool, nicely furnished lobby, laundry room,

    Brian Rogers Epique Realty

    3080 Walnut Grove Rd Unit 404, Memphis, TN 38111
  • /6

    $145,000

    • 3 Beds
    • 2 Baths
    • 2,187 Sq Ft

    780 N Trezevant St, Memphis, TN 38112

    A wonderful investment opportunity - this home has a fabulous layout - A Den and Formal Livingroom, Eat in Kitchen and Dining Room, plus a lovely sunroom all on the first floor! The top floor has a large primary and two additional bedrooms. Sitting in close proximity to Overton Park and the Zoo as well as Rhodes College. The home is being sold as is but offers incredible potential to customize to

    Abigail Modarressi Crye-Leike, Inc., REALTORS

    780 N Trezevant St, Memphis, TN 38112
  • /4

    $50,000

    • 3 Beds
    • 1.5 Baths
    • 1,400+ Sq Ft

    1661 Humber St, Memphis, TN 38106

    3 bedroom 1.5 Bath Home. Looking for a fixer upper. Ask About Financing that can cover for Purchase and Renovations. Selling As Is. Seller is also Selling 2 more lots on the same street, 1661 Humber (Lot with Framed work) and 1658 Humber (Vacant lot). Let us know if you have any questions!

    Courtney Staples Keller Williams

    1661 Humber St, Memphis, TN 38106
  • /2

    $15,000

    • Land
    • 1 Acre
    • $15,000 per Acre

    0 Cook 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 two additional lots for sale. Can be sold as a package or separate. MLS# 10213917 and MLS# 10210080. **Forbid showing and negotiation with seller.**

    Wonda McGowan McGowan Homes & R/E Services

    0 Cook Rd, Memphis, TN 38109
  • /2

    $85,000

    • Land
    • 0.14 Acre
    • $607,143 per Acre

    2529 Harvard Ave, Memphis, TN 38112

    Vacant residential lot in an established Midtown location near the University of Memphis. Ideal for new construction or investment. Convenient access to Poplar Ave, shopping, dining, and major routes. Buyer to verify zoning, utilities, lot dimensions, and building requirements. Property sold AS-IS. Vacant lot. Drive by anytime.

    Cesar Lara Fast Track Realty, LLC

    2529 Harvard Ave, Memphis, TN 38112
  • /7

    $100,000

    • 4 Beds
    • 2 Baths
    • 1,798 Sq Ft

    2679 Woodlawn Terrace, Memphis, TN 38127

    Price correction! Awesome investment opportunity! This could be an excellent multifamily addition to your portfolio. Seller is open to seller finance with acceptable offer. Tenant occupied and professionally managed DUPLEX! Currently rented for $900/$550. Nice corner lot. Long time tenants. Do not approach or disturb tenants. No showings without an accepted offer. No wholesale or assignment.

    William Haynes Crye-Leike, Inc., REALTORS

    2679 Woodlawn Terrace, Memphis, TN 38127
  • /2

    $79,900

    • 2 Beds
    • 1 Bath
    • 726 Sq Ft

    1999 Sipes Ave, Memphis, TN 38127

    Investment opportunity waiting for you! Professionally managed and tenant occupied home. Property is currently rented for $700/mo. Video walk through available upon request. Do not approach or disturb tenant. No showings without an accepted offer.

    Tyler Tapley Crye-Leike, Inc., REALTORS

    1999 Sipes Ave, Memphis, TN 38127
  • /6

    $15,000

    • Land
    • 0.05 Acre
    • $300,000 per Acre

    0 James St, Memphis, TN 38106

    Seller selling 0 James (Parcel ID: 026028 00025), 1312 (Parcel ID: 026028 00024) and 1318 James (Parcel ID: 026028 00021), can buy in bulk or individually. No Creative Or Owner Financed Offers. No Wholesale Or Assignment.

    Tyler Tapley Crye-Leike, Inc., REALTORS

    0 James St, Memphis, TN 38106
  • /24

    $115,000

    • 1 Bed
    • 1 Bath
    • 848 Sq Ft

    1206 Bristol Dr Unit 202, Memphis, TN 38119

    Perfect 1BR/1BA Condo in Gated Community with a brand new Pool. This beautifully maintained 1 bedroom, 1 bathroom condo located in the gated Chatham Village, conveniently next to St. Francis Hospital. This community offers amenities including a pool, all while maintaining the privacy and security of HOA-managed living. Open living and dining area features wood laminate floors, creating a warm and

    Jeff Goff Keller Williams

    1206 Bristol Dr Unit 202, Memphis, TN 38119
  • /7

    $89,000

    • 4 Beds
    • 1 Bath
    • 903 Sq Ft

    3461 Daggett Rd, Memphis, TN 38109

    4 bed 1 bath home priced to sell. Home needs repairs but could be worth a lot of money once rehabbed. Right next to brand new construction. Many homes in this area are being rehabbed and sold for more money. CASH offers only. Seller will not make repairs, property being sold AS-IS. ONLINE VIDEO AVAILABLE UPON REQUEST. No Creative or Owner Financed Offers. No Wholesale or Assignment. Excellent fix

    Tyler Tapley Crye-Leike, Inc., REALTORS

    3461 Daggett Rd, Memphis, TN 38109
  • /4

    $23,000

    • Land
    • 0.12 Acre
    • $191,667 per Acre

    996 Rozelle St, Memphis, TN 38114

    Excellent lot for sale in Glenview. This lot is zoned Residential and backs up to1676 Walker, both are for sale but can be sold individually

    Amanda Kirkman KAIZEN Realty, LLC

    996 Rozelle St, Memphis, TN 38114
  • /7

    $129,000

    • 3 Beds
    • 1.5 Baths
    • 1,200+ Sq Ft

    4876 Cottonwood Rd, Memphis, TN 38118

    Back on Market - REDUCED PRICE $ Investor Dream... House in Good Condition just need a little TLC No FHA or VA contracts As-Is Sale owner will not make repairs... Need AC Service and new water heater. Occupied by owner...no lock box, Make offer subject to Inspection Do not approach property without appointment

    ANTHONY WILLOUGHBY Germantown Luxury Homes, LLC

    4876 Cottonwood Rd, Memphis, TN 38118
  • /32

    $112,000

    • 3 Beds
    • 2.5 Baths
    • 1,635 Sq Ft

    4040 Graham Oaks Ct Unit 21, Memphis, TN 38122

    Price Improvement: Come bring your condo dreams to life with this two-story condo offering spacious and a functional layout. A little TLC and personal touches will go a long way with this home! It already has new carpet upstairs, updates to the primary bathroom, adding fresh style and value. The main level features a spacious great room with an easy flow into the kitchen, dining area, and in the

    Courtney Staples Keller Williams

    4040 Graham Oaks Ct Unit 21, Memphis, TN 38122
  • /27

    $150,000

    • 3 Beds
    • 1 Bath
    • 1,189 Sq Ft

    3392 Radford Rd, Memphis, TN 38111

    Looking for value and move-in peace of mind? This home just got even better! Seller is installing a brand-new ALL-IN-ONE front-loading washer & dryer combo for the new buyer to enjoy. And here's the cherry on top, with a full-price offer, a brand-new HVAC system will also be installed before closing! Don’t miss this opportunity to own a charming, move-in-ready home with major upgrades already

    Miltha Martinez eXp Realty, LLC

    3392 Radford Rd, Memphis, TN 38111
  • /25

    $139,999

    • 2 Beds
    • 2 Baths
    • 1,170 Sq Ft

    1960 N Parkway Unit 1110, Memphis, TN 38112

    modern and renovated corner unit in the famous Parkway House! If you were wondering what living in midtown is like than this home is the one! With a balcony that faces East you have a beautiful view that shows the sunrise over the exalting Rhodes College campus with a full view over the Memphis Zoo. The kitchen and bathrooms are full of quartz, modern tile, and complimented with beautiful

    James Hooker Tiger Realty

    1960 N Parkway Unit 1110, Memphis, TN 38112
  • /3

    $107,000

    • 3 Beds
    • 2 Baths
    • 1,172 Sq Ft

    2851 Carnes Ave, Memphis, TN 38114

    Investment Opportunity! Property being sold AS-IS. Home is associated with 4530 Beacon Hill as a portfolio package or can be purchase individually too.

    Bernard Evans 4 Success Realty, LLC

    2851 Carnes Ave, Memphis, TN 38114
  • /2

    $89,900

    • 2 Beds
    • 1 Bath
    • 1,020 Sq Ft

    961 Joseph Place, Memphis, TN 38107

    Fantastic investment opportunity in the Shelby area. This 2br/1 bath single-family home is in the 38107 area. With a monthly rental amount of $850/month. The lease ends on 8/15/2026. 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 Joseph Place, Memphis, TN 38107
  • /7

    $132,000

    • 2 Beds
    • 2 Baths
    • 1,050 Sq Ft

    4207 Hickory Grove Dr, Memphis, TN 38141

    Outstanding Investment Opportunity! This charming 2-bedroom, 2-bath brick home is currently leased for $1,150/month and is professionally managed. The lease will expire or renew on April 1, 2026, and the tenant has been in residence since April 2024, consistently making timely payments. The home boasts a spacious den with a cozy fireplace, a kitchen with a breakfast area, and a generous master

    Jeremy Veldman KAIZEN Realty, LLC

    4207 Hickory Grove Dr, Memphis, TN 38141
  • /5

    $120,000

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

    944 Alice Ave, Memphis, TN 38106

    Charming home located in Memphis, TN, offering a welcoming atmosphere with its spacious living areas and abundant natural light. The property features 4 bedrooms and 2 bathrooms, providing ample space for all your needs. Enjoy the convenience of a well-appointed kitchen, a cozy living room, and a lovely backyard appropriate for outdoor activities. The home is situated in a friendly neighborhood

    Steven Koleno Beycome Brokerage Realty LLC

    944 Alice Ave, Memphis, TN 38106
  • /2

    $7,000

    • Land
    • 0.09 Acre
    • $77,778 per Acre

    1391 College St, Memphis, TN 38106

    This area is more than an address—it’s the heartbeat of culture and soul. From the legendary Stax Museum and iconic Beale Street to the inspiring National Civil Rights Museum, every corner hums with history, music, and meaning. Just miles away: Mississippi Boulevard Christian Church + Meharry Medical College launch a $310M Midtown makeover—big growth is coming! Parcel # - 014037 00009

    Karen Walker Epique Realty

    1391 College St, Memphis, TN 38106
  • /9

    $137,500 New Construction

    • 3 Beds
    • 2 Baths
    • 1,101 Sq Ft

    4372 Ryan St, Memphis, TN 38127

    Affordable living in an established neighborhood—this newly built home brings comfort, style, and value together in one inviting package. Offering 4 bedrooms and 2 full baths, this thoughtful layout is perfect for everyday living and room to grow. You’ll love the wood laminate flooring throughout, bringing a clean and polished look to every space. The modern kitchen features beautiful granite

    Tanika Bland BEST Real Estate Company

    4372 Ryan St, Memphis, TN 38127
  • /2

    $4,200

    • Land
    • 0.08 Acre
    • $52,500 per Acre

    47 W Gage Ave, Memphis, TN 38109

    Cleared vacant land for sale, ready for development with level terrain and convenient street access. Seller financing options available

    Virgil Pryor Harris Realty Services

    47 W Gage Ave, Memphis, TN 38109
  • /30

    $119,900

    • 3 Beds
    • 1.5 Baths
    • 1,238 Sq Ft

    3637 Neely Rd, Memphis, TN 38109

    Welcome to this beautifully maintained 3-bedroom, 1.5-bathroom single-family home. Featuring gleaming hardwood floors throughout, this home offers both warmth and character. The large backyard provides ample space for outdoor activities and gatherings, making it perfect for entertaining. With generous living spaces, well-appointed bedrooms, and updated bathrooms, this home is a perfect blend of

    Alexis Martz Trelora Realty

    3637 Neely Rd, Memphis, TN 38109
  • /2

    $90,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    3711 Wolf Trail Dr, Memphis, TN 38128

    PACKAGE SALE. THREE properties. DRIVE-BY ONLY!!! No sign on properties. TENANT RIGHTS. DO NOT DISTURB TENANTS!!! Package includes 3711 Wolf Trail Dr, 3421 Adrick Rd and 4243 Sunnyslope. All properties rented & occupied. Total purchase price is $415,000. Combined monthly rent collected $3140. Text or call listing agent for more details. Properties NOT being sold separately. No showings without an

    Brook Loper 901 Properties

    3711 Wolf Trail Dr, Memphis, TN 38128
  • /3

    $5,000

    • Land
    • 0.48 Acre
    • $10,417 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
  • /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
  • /2

    $29,900

    • Land
    • 0.64 Acre
    • $46,939 per Acre

    0 W Hollyford Rd, Memphis, TN 38114

    Parcel ID 06011300000150

    Kristy Liles eXp Realty

    0 W Hollyford Rd, Memphis, TN 38114
  • /11

    $150,000

    • 3 Beds
    • 2 Baths
    • 1,160 Sq Ft

    5840 Hickory Shadow Ln, Memphis, TN 38141

    This home offers 3 bedrooms, 2 bathrooms, den w/ fireplace, breakfast, patio area to enjoy. This property would make a great home or investment property. Property is being sold "as is". Property needs work.

    Benjamin Reed Reed & Associates of Tenn, LLC

    5840 Hickory Shadow Ln, Memphis, TN 38141
  • /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
  • /31

    $74,900

    • 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
  • /9

    $84,900

    • 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

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