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

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  /32

  $89,900

  $5K PRICE DROP

  • 4 Beds
  • 1.5 Baths
  • 1,135 Sq Ft

  5092 Breckenwood Dr, Memphis, TN 38127

  Move-in ready 3-bedroom, 1.5-bath ranch in Northaven. This home features hardwood flooring throughout, a primary suite with a private half-bath, and a functional kitchen. The exterior includes a covered carport and a large, fully fenced backyard. Perfect for first-time buyers or investors seeking a solid, well-maintained property.

  Alexis Martz Trelora Realty

  5092 Breckenwood Dr, Memphis, TN 38127
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  /10

  $95,000

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 946 Sq Ft

  3342 Ashland St, Memphis, TN 38127

  This property is leased at $895 per month ($10,740 annually) through 03/10/2028, with a cash-on-cash return of 6.00% and a monthly cash flow of $147.44. "All investment figures are estimates and verified independently by buyer." Investor-ready single-family home in Memphis offering strong rental demand and long-term value potential. The property features a functional layout, durable finishes, and

  James Wachob Foundation Property Management

  3342 Ashland St, Memphis, TN 38127
• 

  

  /2

  $90,000

  • 3 Beds
  • 1 Bath
  • 1,074 Sq Ft

  3621 University St, Memphis, TN 38127

  Robert Anderson Grace Realty Company

  3621 University St, Memphis, TN 38127
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  /6

  $130,000

  • Land
  • 2.08 Acres
  • $62,500 per Acre

  0 E Holmes Rd Unit 10202561, Memphis, TN 38109

  Build Your Dream Home on 2.08 Acres of Pure Possibility! Tucked away is this 2.08-acre lot offering the perfect canvas to bring your vision to life. Whether you're dreaming of a custom estate, a charming farmhouse, or a modern retreat, this spacious parcel provides room to spread out and breathe. Enjoy the privacy of a large lot with plenty of space for a garden, workshop, or outdoor living

  Melissa Blume Thompson eXp Realty

  0 E Holmes Rd Unit 10202561, Memphis, TN 38109
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  /2

  $115,000

  • 2 Beds
  • 1 Bath
  • 1,145 Sq Ft

  1797 Dupont Ave, Memphis, TN 38127

  Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1.5 baths. Currently renting for $1,495 per month. so as not to disturb tenants inspection scheduled after an accepted offer.

  Harry Samuels Pinnacle Realty

  1797 Dupont Ave, Memphis, TN 38127
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  /6

  $40,000

  $10K PRICE DROP

  • Land
  • 17,424 Sq Ft
  • $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
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  /4

  $4,500

  • Land
  • 4,791 Sq Ft
  • $40,909 per Acre

  136 W Norwood Ave, Memphis, TN 38109

  CASH ONLY – Investor/Builder Opportunity! Unlock the potential of 9 residential lots offered as a package for $60,500. This is a rare chance to secure multiple infill parcels across Memphis with strong upside for new construction or long-term investment. Ideal for builders looking to scale quickly or investors seeking affordable entry points with room for appreciation. Properties included: Glen

  Silvana Piadade eXp Realty, LLC

  136 W Norwood Ave, Memphis, TN 38109
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  /2

  $139,000

  • 3 Beds
  • 1 Bath
  • 864 Sq Ft

  3554 Venable Rd, Memphis, TN 38118

  Great investment opportunity in the Oakhaven area. This brick property features 3 bedrooms, 1 bathroom, and an attached carport, making it the ideal project for those looking to remodel and maximize value. It's a home with great potential that needs some repairs, perfect for customizing to your liking. Owner Financing is available! Gran oportunidad de inversión en la zona de Oakhaven. Esta

  Trevor Day My Casa My House

  3554 Venable Rd, Memphis, TN 38118
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  /23

  $149,500

  $3K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,113 Sq Ft

  3687 Bedford Ln, Memphis, TN 38118

  Welcome to this beautifully updated 3-bedroom, 1.5-bath home offering exceptional value for first-time buyers, downsizers, and investors alike. The spacious living and dining room combination provides plenty of room for entertaining and everyday living. Recent updates include new lower kitchen cabinets, faux marble countertops, new sink with gooseneck faucet, white subway tile backsplash, updated

  Bryant Smith THE PROFESSIONAL AGENCY

  3687 Bedford Ln, Memphis, TN 38118
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  /12

  $80,000

  • 3 Beds
  • 1 Bath
  • 854 Sq Ft

  4530 Beacon Hill Dr, Memphis, TN 38127

  Why rent when you can own? This well-maintained one-level home offers an affordable opportunity to enjoy the benefits of home ownership without taking on a major renovation project. The spacious layout is designed for everyday living, with durable new luxury vinyl plank flooring in the main living areas and plenty of natural light throughout. The kitchen has been refreshed with new cabinets and

  Melissa Blume Thompson eXp Realty

  4530 Beacon Hill Dr, Memphis, TN 38127
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  /2

  $45,000

  • Land
  • 38,768 Sq Ft
  • $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
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  /20

  $139,900

  • 3 Beds
  • 2 Baths
  • 1,608 Sq Ft

  3042 Curtis St, Memphis, TN 38118

  Charming all-brick ranch with soaring vaulted ceilings and rustic exposed wood beams that give this home real character. The open-concept living and dining area features a stunning full brick accent wall and flows into the spacious eat-in kitchen. Spacious bedrooms offer beautiful hardwood floors and great natural light. The primary bedroom features an en-suite half bath. Mature trees and solid

  Jennifer Carstensen Real Estate Agency

  3042 Curtis St, Memphis, TN 38118
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  /13

  $118,500

  • 1 Bed
  • 1 Bath
  • 667 Sq Ft

  109 N Main St Unit 410, Memphis, TN 38103

  Updated condo just minutes away from restaurants, shopping, hospitals, schools, and more! Wood floors throughout, updated kitchen with backsplash and stainless steel appliances and more. Same floor laundry, onsite management, cleaning services, and a business center. The amenities include hot tub, pool, access to rooftop, 24/7 Exercise Facility, On-site Storage, Penthouse Party Room Parking is

  Daniel Demers Sell Your Home Services, LLC

  109 N Main St Unit 410, Memphis, TN 38103
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  /6

  $81,500

  $3K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 870 Sq Ft

  3475 Hester Ave, Memphis, TN 38111

  Cash flowing property in the desirable 38111 zip code. Home has a long standing housing tenant that is paying $950. Current lease ends in July 2026. Professionally managed. Access upon accepted offer. Call listing agent for details.

  Andrew Akins CB Properties of Memphis, LLC

  3475 Hester Ave, 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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  /6

  $92,000

  • 2 Beds
  • 1 Bath
  • 747 Sq Ft

  2545 Spottswood Ave, Memphis, TN 38114

  Turnkey cash flowing investment opportunity. Generating $1,000 per month with lease in place until 4/2027. Annual gross income 12,000 offering approximately 12.6 percent gross yield at current list price. Fully renovated. New A/C and Furnace. Low maintenance asset positioned for immediate return.Perfect for DSCR LOAN Option or Cash Buyer. Owner Financing Available ***DO NOT DISTURB TENANT*** Sold

  Tiffany Brown The Home Partners Realty

  2545 Spottswood Ave, Memphis, TN 38114
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  /8

  $120,000

  $10K PRICE DROP

  • 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

  $20,000

  • Land
  • 9,147 Sq Ft
  • $95,238 per Acre

  1054 Atlantic St, Memphis, TN 38112

  Builder/developer opportunity featuring 41 RU-1 zoned infill parcels in Memphis, TN. Parcels are primarily clustered along Atlantic St, Crump Ave, and Henry Ave and were previously improved with duplexes. Ideal for experienced builders, infill developers, or phased build-to-rent communities. Opportunity for economies of scale with bulk acquisition pricing available.

  Jonathan Minerick homecoin.com

  1054 Atlantic St, Memphis, TN 38112
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  /2

  $7,650

  $3K PRICE DROP

  • Land
  • 3,484 Sq Ft
  • $95,625 per Acre

  707 S Lauderdale St Unit 51, Memphis, TN 38126

  Portfolio List Price: $185,000 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

  Austin Rowe Onward Real Estate

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

  $130,000

  $20K PRICE DROP

  • 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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  /2

  $125,000

  • Land
  • 9.15 Acres
  • $13,661 per Acre

  0 W St Elmo Ave Unit 10224507, Memphis, TN 38128

  Property is zoned for single family residential. The property is over 9 acres.

  Jabari Bailey The Bailey Company Realty, Inc

  0 W St Elmo Ave Unit 10224507, Memphis, TN 38128
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  /2

  $6,000

  • Land
  • 7,405 Sq Ft
  • $35,294 per Acre

  1384 Nicholas St, Memphis, TN 38107

  Whether you’re a first-time homebuyer looking to build equity or a family wanting both community and convenience, this land will offer a unique chance to own a piece of Memphis history while investing in its future. pc# 039017 00019C Just miles away: Mississippi Boulevard Christian Church + Meharry Medical College launch a $310M Midtown makeover—big growth is coming!

  Karen Walker Epique Realty

  1384 Nicholas St, Memphis, TN 38107
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  /3

  $86,400

  $9K PRICE DROP

  • 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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  /13

  $55,000

  • 3 Beds
  • 1 Bath
  • 1,348 Sq Ft

  1117 Breedlove St, Memphis, TN 38107

  Property is boarded up, agent will need to bring a drill to remove boards. No showings without accepted offer. Property needs TLC and is being sold AS IS. Seller will not connect utilities. This property has a projected monthly rent of $1,050 ($12,600 annually), an estimated cash-on-cash return of 29.70%, and an expected monthly cash flow of $501.19. "all investment figures are estimates and

  James Wachob Foundation Property Management

  1117 Breedlove St, Memphis, TN 38107
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  /17

  $74,900

  $10K PRICE DROP

  • 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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  /6

  $25,000

  $5K PRICE DROP

  • 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

  $10K PRICE DROP

  • 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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  /18

  $119,000

  $9K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,026 Sq Ft

  5163 Broken Oak Dr, Memphis, TN 38127

  Price improvement on this adorable 3 bedroom 1 bath!!! Amazing opportunity with all the work done and extras included at this price and fully renovated. Move in ready! Freshly painted inside and out. Do you want a home where you are paying for your own place instead of paying a landlord? Come and check this one out. You will see 3 photos with furniture and more that are virtually staged. This

  Saprina Bowman Crye-Leike, Inc., REALTORS

  5163 Broken Oak Dr, Memphis, TN 38127
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  /2

  $20,000

  • Land
  • 4,791 Sq Ft
  • $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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  /9

  $100,000

  • 2 Beds
  • 1 Bath
  • 917 Sq Ft

  2716 Deadrick Ave, Memphis, TN 38114

  Great Occupied investment Opportunity! 2-Year Lease in Place! This property is currently occupied by a tenant who is paying $870 per month and is on a lease from 3/10/2026 until 3/09/2028. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

  Alex Evans Reedy & Company, REALTORS

  2716 Deadrick Ave, Memphis, TN 38114
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  /2

  $117,000

  $8K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,110 Sq Ft

  4376 Howardcrest Dr, Memphis, TN 38128

  DO NOT DISTURB TENANTS. Drive by ONLY. This property has a tenant paying $1200.00 a month. Inspection with accepted binded agreement. Tenant on month-to-month lease agreement.

  Erica Reed BEST Real Estate Company

  4376 Howardcrest Dr, Memphis, TN 38128
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  /7

  $152,000

  • 3 Beds
  • 2 Baths
  • 1,087 Sq Ft

  4431 Shadow Leaf Cove N, Memphis, TN 38128

  Beautiful and maintained home for sell in the Bishop Hills area in Raleigh. Home is tucked away in a quiet cove and is currently professionally managed and occupied. Current lease ends in August 2026 and rents for $1345. Home built in 2000. Roof is less than 5 years old. HVAC replaced in 2019 and HWH in 2023. No city taxes! Do not disturb tenants. Call listing agent for details. Access upon

  Andrew Akins CB Properties of Memphis, LLC

  4431 Shadow Leaf Cove N, Memphis, TN 38128
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  /37

  $119,990

  $30K PRICE DROP

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

  1404 Cameron St, Memphis, TN 38106

  Price Reduced. Owner says SELL. 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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  /2

  $20,000

  • Land
  • 8,712 Sq Ft
  • $100,000 per Acre

  883 S Willett St, Memphis, TN 38114

  Great opportunity to build on a vacant residential lot in Memphis. Convenient location with easy access to shopping, dining, and major roadways. Buyer to verify lot size, utilities, zoning, and any building requirements

  Crystal Mitchell Renshaw Company, REALTORS

  883 S Willett St, Memphis, TN 38114
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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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  /2

  $12,000

  • Land
  • 3,484 Sq Ft
  • $150,000 per Acre

  762 Leath St, Memphis, TN 38107

  Great opportunity to build on this residential lot located at 762 Leath St, in Memphis, TN 38107. Whether you’re a builder, investor, or future homeowner, this property offers solid potential for new construction or your next investment project. Situated with convenient access to major roadways and surrounding Memphis areas, this lot provides a great chance to bring your vision to life. With

  Jonathan Nunez Fast Track Realty, LLC

  762 Leath St, Memphis, TN 38107
• 

  

  /3

  $54,400

  • 2 Beds
  • 1 Bath
  • 793 Sq Ft

  1983 Hubert Ave, Memphis, TN 38108

  Investors! Welcome to a lovely 2 Bed/1 Bath rental that is cash flowing at $725 per month! Located close to entertainment and commerce, this neighborhood is prime for growth. The current lease runs through 07/01/2026, so don't miss this opportunity to expand your portfolio!

  Joshua Cooper Sowell, Realtors

  1983 Hubert Ave, Memphis, TN 38108
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  /4

  $4,500

  • Land
  • 4,356 Sq Ft
  • $45,000 per Acre

  0 Person W Unit 10218028, Memphis, TN 38109

  CASH ONLY – Investor/Builder Opportunity! Unlock the potential of 9 residential lots offered as a package for $60,500. This is a rare chance to secure multiple infill parcels across Memphis with strong upside for new construction or long-term investment. Ideal for builders looking to scale quickly or investors seeking affordable entry points with room for appreciation. Properties included: Glen

  Silvana Piadade eXp Realty, LLC

  0 Person W Unit 10218028, Memphis, TN 38109
• 

  

  /5

  $89,900

  • 3 Beds
  • 1 Bath
  • 960 Sq Ft

  3798 Ford Rd, Memphis, TN 38109

  This property will make a great first rental property or add to your rental portfolio! This property is perfect for DSCR financing! The section 8 tenant has been in the home since the owner purchased it in 2019! The monthly rent is $825 which is in line with the 1% rule that most investors look for. The lease is up 9/26/2026. This home is professionally managed. It is 3 minutes from Levi

  Verna Littleton Fast Track Realty, LLC

  3798 Ford Rd, Memphis, TN 38109

Showing Results 561 - 600, Page 15 of 18