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

• 

  

  

  /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
• 

  

  

  /21

  $135,900

  • 2 Beds
  • 2 Baths
  • 1,150 Sq Ft

  2277 Union Ave Unit 401, Memphis, TN 38104

  Freshly painted and facing south, this charming 2/2 is easy and ready to move into. The Mayfair offers a wonderful location in a building only for owner occupants. Swimming pool and plenty of parking, covered and uncovered, are offered.

  David Da Ponte Sowell, Realtors

  2277 Union Ave Unit 401, Memphis, TN 38104
• 

  

  

  /15

  $136,000

  • 2 Beds
  • 1 Bath
  • 1,215 Sq Ft

  855 Dickinson St, Memphis, TN 38107

  Super cute 2 Bedroom 1 bath on very large corner lot. Brick exterior, lovely wide front porch~ Hardwood floors~ Newer Central Heat and air and windows~~This property may qualify for Seller Financing (Vendee)OWNED BY THE SECRETARY OF VETERAN AFFAIRS. If property was built prior to 1978, Lead Based Paint Potentially Exists.

  Scott Housewirth Crye-Leike Inc., REALTORS

  855 Dickinson St, Memphis, TN 38107
• 

  

  

  /30

  $104,900

  • 3 Beds
  • 1.5 Baths
  • 1,178 Sq Ft

  3639 Kerwin Dr, Memphis, TN 38128

  Built in 1979, this single-level brick ranch showcases the long horizontal silhouette and structural symmetry characteristic of late-1970s residential design. The 1,178-square-foot interior is anchored by a centralized living room where a prominent brick masonry fireplace serves as the architectural focal point. The floor plan is designed for maximum efficiency, cleanly dividing the active

  Carl Purifoy Trelora Realty

  3639 Kerwin Dr, Memphis, TN 38128
• 

  

  /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
• 

  /2

  $6,000

  • Land
  • 6,534 Sq Ft
  • $40,000 per Acre

  1566 Humber St, Memphis, TN 38106

  Build your dream home on this beautiful residential lot located in an established subdivision! This ready-to-build property offers the convenience of utilities available at the street, making the building process even easier. Enjoy the perfect blend of neighborhood living and convenience, with easy access to shopping, dining, schools, and major roadways. Don't miss this opportunity to create the

  Jeff Goff Keller Williams

  1566 Humber St, Memphis, TN 38106
• 

  

  /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

  $82,900

  $7K PRICE DROP

  • 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
• 

  /2

  $5,000

  • Land
  • 3,484 Sq Ft
  • $62,500 per Acre

  0 S Lauderdale St Unit 10227597, Memphis, TN 38103

  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 inareas experiencing continuedrevitalization and strong rental demand. Portfolio includes the following properties:

  Austin Rowe Onward Real Estate

  0 S Lauderdale St Unit 10227597, Memphis, TN 38103
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  /4

  $38,000

  $12K PRICE DROP

  • Land
  • 7,840 Sq Ft
  • $211,111 per Acre

  0 Vance Ave, Memphis, TN 38103

  Vacant, cleared, and level commercial lot near Downtown Memphis ready for development! 893 Vance offers a flexible infill site with CMU-3 zoning, allowing for a wide range of potential commercial or mixed-use possibilities. Convenient access to nearby major corridors makes this a practical, central option for an investor, owner-user, or developer. Property is sold as-is. Buyer to verify zoning,

  Elliot Cerezo The Home Partners Realty

  0 Vance Ave, Memphis, TN 38103
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  /2

  $12,000

  • Land
  • 3,049 Sq Ft
  • $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
• 

  /2

  $8,450

  • Land
  • 6,534 Sq Ft
  • $56,333 per Acre

  1396 Nicholas St, Memphis, TN 38107

  Minutes from downtown, this parcel of land is where a buyer can plant roots. Get it Today. pc# 039017 00017 Just miles away: Mississippi Boulevard Christian Church + Meharry Medical College launch a $310M Midtown makeover—big growth is coming!

  Karen Walker Epique Realty

  1396 Nicholas St, Memphis, TN 38107
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  /2

  $10,000

  • Land
  • 3,920 Sq Ft
  • $111,111 per Acre

  2169 Marble Ave, Memphis, TN 38108

  Vacant lot with previous history of residence

  Corey Seymore Crye-Leike, Inc., REALTORS

  2169 Marble Ave, Memphis, TN 38108
• 

  

  /11

  $134,900

  $10K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,276 Sq Ft

  2859 Nathan Ave, Memphis, TN 38112

  Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No wholesaler or assignment of contract offers will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  2859 Nathan Ave, Memphis, TN 38112
• 

  

  /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
• 

  

  /12

  $95,000

  • 3 Beds
  • 1 Bath
  • 1,281 Sq Ft

  4178 Clydesdale Dr, Memphis, TN 38109

  ATTENTION INVESTORS! MOTIVATED SELLER, READY TO MAKE A DEAL! Quality Tenant-occupied property that would make an excellent addition to your portfolio. Currently rented for $925/month, tenant just renewed their lease until 7/31/2027. Tenant has occupied the property since July 2024 and has an excellent payment history. Professional management in place, nothing to do but pick it up and start

  Jeremy Veldman KAIZEN Realty, LLC

  4178 Clydesdale Dr, Memphis, TN 38109
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  /7

  $89,900

  • 3 Beds
  • 1 Bath
  • 1,145 Sq Ft

  3814 Windcrest Rd, Memphis, TN 38116

  The home features a functional layout with well-proportioned living spaces designed for comfort and everyday use. Interior areas provide flexibility for a variety of furnishing and design preferences, allowing buyers to tailor the space to their needs. The exterior includes a residential lot with outdoor potential for landscaping, recreation, or future improvements. Convenient access to major

  LaQuita Jordan Trelora Realty

  3814 Windcrest Rd, Memphis, TN 38116
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  /17

  $119,500

  $6K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 910 Sq Ft

  3589 Covington Pike Unit 116, Memphis, TN 38128

  BEAUTIFUL! 55+ Independent Living, Gated Condo Community +ATRIUM! 2 BR/ 2 BA unit, completely updated with new paint, granite counters, flooring, baths and appliances. FIRST FLOOR (Pet Friendly!), gorgeous window and patio views, one step outside into wooded picnic area. Close and easy access to private parking, downstairs laundry and trash disposal. Amenities INCLUDE: 24/7 on-duty staff and

  Michael Bryan Bryan Realty Group

  3589 Covington Pike Unit 116, Memphis, TN 38128
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  /11

  $99,900

  • 3 Beds
  • 1 Bath
  • 1,068 Sq Ft

  1198 Canary Ln, Memphis, TN 38109

  Tenant-occupied 3 bed with a charming brick exterior. Inside, your tenant will enjoy low-maintenance plank flooring in kitchen and living areas, tile in the baths and cozy carpet in the bedrooms. The fenced backyard offers space for entertaining friends and family. This property is an excellent addition to any investment portfolio, with a tenant in place. Professionally managed for added peace of

  Camela Henke Enterprise, REALTORS

  1198 Canary Ln, Memphis, TN 38109
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  /25

  $149,000

  • 2 Beds
  • 2 Baths
  • 875 Sq Ft

  6744 Quail Hollow Ct Unit 1, Memphis, TN 38120

  Beautifully updated first-floor flat offering 2 bedrooms and 2 full bathrooms in a convenient location within the community. Fresh paint and smooth ceilings throughout create a clean, modern feel, while new luxury vinyl plank flooring extends throughout the entire condo. The renovated kitchen features new granite countertops and updated appliances, and both bathrooms have been tastefully

  Jon Dickens The Firm

  6744 Quail Hollow Ct Unit 1, Memphis, TN 38120
• 

  

  /13

  $39,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,050 Sq Ft

  2495 Winnona Ave, Memphis, TN 38108

  This great investment will not last long. Easy to view. Plenty of space with 2 living rooms. With all offers please submit proof of funds or commitment letter. The seller would prefer buyer view interior before making any offers. The kitchen is an open floor plan.

  Micah Layman Ware Jones, REALTORS

  2495 Winnona Ave, Memphis, TN 38108
• 

  

  /5

  $148,000

  $2K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,040 Sq Ft

  4302 Rosswood Dr, Memphis, TN 38128

  This well maintained 3-bedroom,2- bath home offers a spacious and functional floor plan designed for comfortable living. Enjoy a bright living area, welcome front porch a front - load garage and a generous yard with plenty of space for outdoor activities.

  LaKetha Thompson TRG Real Estate Services, LLC

  4302 Rosswood Dr, Memphis, TN 38128
• 

  

  /16

  $74,000

  $11K PRICE DROP

  • 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
• 

  

  /13

  $110,000

  $6K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 964 Sq Ft

  803 Cavalier Dr, Memphis, TN 38109

  WELCOME TO WESTWOOD! This recently renovated home has been prepared just for you, whether you are a first-time homebuyer or a downsizer. Three right-sized bedrooms with good closet space make this the perfect place to call home. Laminate wood floors throughout make it easy to keep this space clean. The kitchen is equipped with an electric stove, with washer and dryer connections, giving you the

  Shanita Johnson SAIJ Real Estate Company

  803 Cavalier Dr, Memphis, TN 38109
• 

  /2

  $125,000

  • Land
  • 14,810 Sq Ft
  • $367,647 per Acre

  955 Circle Rd, Memphis, TN 38127

  Great opportunity to acquire three adjacent parcels being sold together: 945 N Circle Rd, 949 N Circle Rd, and 955 N Circle Cir, Memphis, TN 38127. Offering approximately 1+ acre of combined land, this assemblage provides excellent potential for investors, builders, developers, or those seeking additional space for future development. Conveniently located in North Memphis with easy access to

  Ali Nawaz KAIZEN Realty, LLC

  955 Circle Rd, Memphis, TN 38127
• 

  

  /15

  $130,000

  $10K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,173 Sq Ft

  4202 Stormy St, Memphis, TN 38128

  ATTENTION INVESTORS!! Great rental property. DRIVE-BY-ONLY! No Sign on Property. TENANT RIGHTS. Text or Call Listing Agent for more details. NO SHOWINGS WITHOUT ACCEPTED OFFER! DO NOT DISTURB TENANTS!!! Presently under 2 year lease ending September 2026 for $1195 monthly. Single family home that contains 1,163 sq ft and was built in 1966. Features 3 bedrooms, LR, DR, eat in kitchen,sunroom, plus

  Terrence Johnson eXp Realty, LLC

  4202 Stormy St, Memphis, TN 38128
• 

  

  /26

  $99,900

  $50K PRICE DROP

  • 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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  /32

  $64,900

  $20K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,004 Sq Ft

  794 Margie Dr, Memphis, TN 38127

  Charming 3-bedroom, 1-bath ranch in a quiet Memphis neighborhood! This single-story home features a spacious living room, functional kitchen, and an attached carport. Perfect for first-time buyers or investors, the property offers easy access to I-240 and local amenities. Don’t miss this opportunity to own a piece of Shelby County real estate!

  Thee Gaines Trelora Realty

  794 Margie Dr, Memphis, TN 38127
• 

  /2

  $74,000

  • 2 Beds
  • 1 Bath
  • 968 Sq Ft

  1715 Whitney Ave, Memphis, TN 38127

  Fantastic Frayser Investment Opportunity on a Sprawling Lot! Investors and savvy buyers, don't miss out on 1715 Whitney Avenue! This solid 1949-built detached single-family home features 2 comfortable bedrooms, 1 bathroom, and a functional 5-room layout stretching across 968 sq. ft. of living space. A massive selling point for this property is the incredible 0.40-acre lot ($100 \times 175$ ft),

  Curtis Bleeker KAIZEN Realty, LLC

  1715 Whitney Ave, Memphis, TN 38127
• 

  

  /4

  $99,000

  $11K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 858 Sq Ft

  3636 Spottswood Ave Unit 3, Memphis, TN 38111

  INVESTMENT OPPORTUNITY! This 2 bd/1ba condo is currently tenant occupied. Rented for $1150/mo. Right across the street from the University of Memphis! LVP throughout, new water heater, fresh paint, new cabinets, and electrical outlets have been updated. Start cash flowing right away. Showings only with an acceptable offer.

  Kelly Day SimpliHOM

  3636 Spottswood Ave Unit 3, Memphis, TN 38111
• 

  /2

  $7,500

  • Land
  • 5,662 Sq Ft
  • $57,692 per Acre

  7 W Dempster Ave, Memphis, TN 38109

  Investor & builder alert! Prime opportunity to build in a rapidly developing area of Memphis. Located at 7 W Dempster, this level, completely vacant lot is ready for your next project. With extensive new construction nearby and exciting new developments unfolding downtown, this location offers immense growth potential. Perfect for a lucrative cash-flow rental, a high-yield short-term

  Taylor Shaw Grand Point Realty, LLC

  7 W Dempster Ave, Memphis, TN 38109
• 

  /2

  $90,000

  • 3 Beds
  • 1 Bath
  • 1,004 Sq Ft

  3679 Suzanne Dr, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $1,014 per month. This asset can also be purchased as part of a larger investment package totaling $3,766,500, providing an exceptional opportunity for buyers seeking a strong portfolio addition.

  Fred Sengstacke KAIZEN Realty, LLC

  3679 Suzanne Dr, Memphis, TN 38127
• 

  

  /20

  $94,900

  • 3 Beds
  • 1 Bath
  • 1,194 Sq Ft

  3712 Wolf Trail Dr, Memphis, TN 38128

  Welcome to this charming and well-maintained single-family home located in a quiet, established Memphis neighborhood. This inviting 3-bedroom, 1-bathroom residence offers a functional layout perfect for comfortable living. The home features a bright living area, a cozy kitchen space, and a convenient carport for private parking. Perfectly situated near major thoroughfares for an easy commute.

  Carl Purifoy Trelora Realty

  3712 Wolf Trail Dr, Memphis, TN 38128
• 

  

  /12

  $149,000

  $20K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,149 Sq Ft

  5033 Scheibler Rd Unit D3, Memphis, TN 38128

  Rare opportunity to own a private cottage in the highly sought-after Atrium & Cottages at Lutheran Village, a vibrant 55+ independent living community. This well-maintained home features spacious living areas, a flexible bonus room ideal for an office, hobby room, or potential third bedroom, plus a private patio and attached garage. Enjoy a worry-free lifestyle with HOA amenities that include

  Michael Bryan Bryan Realty Group

  5033 Scheibler Rd Unit D3, Memphis, TN 38128
• 

  

  /13

  $65,000

  • 3 Beds
  • 1.5 Baths
  • 1,137 Sq Ft

  743 S Prescott St, Memphis, TN 38111

  3 Bedroom 1.5 Bath with Single Garage very close to University of Memphis~~ Very big yard~~Central Heat & Air~~Hardwood Floors

  Scott Housewirth Crye-Leike Inc., REALTORS

  743 S Prescott St, Memphis, TN 38111
• 

  

  /33

  $149,900

  $30K PRICE DROP

  • 3 Beds
  • 3 Baths
  • 1,794 Sq Ft

  1404 Old Hickory Rd, Memphis, TN 38116

  This single-story, brick-veneer ranch-style residence is situated on a level 0.491-acre lot within the Nam Ni Estates subdivision. Built in 1971, the home features a 3-bedroom, 3-bathroom floorplan. The interior layout includes a primary living space and a dedicated 20x18 family room. A central fireplace is located within the dining room area. The utility features include a dedicated 6x6 laundry

  LaQuita Jordan Trelora Realty

  1404 Old Hickory Rd, Memphis, TN 38116
• 

  

  /10

  $110,000

  $15K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3075 Debby St, Memphis, TN 38127

  Currently leased at $975/month through 03/03/2027. Updated 3BR, 1BA home with a newer roof, HVAC, water heater, updated electrical and plumbing, vinyl flooring, shaker-style cabinetry, updated countertops, central heat and air, and a fenced backyard. Convenient to Lucie E. Campbell Elementary, Grandview Heights Middle, Trezevant High, Kroger, Methodist University Hospital, I-40, and major

  James Wachob Foundation Property Management

  3075 Debby St, Memphis, TN 38127
• 

  

  /11

  $60,000

  $11K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 952 Sq Ft

  3760 Cambridge Station Dr, Memphis, TN 38115

  Package condo deal 3755 3bed/1.5bath & 3760 Cambridge Dr. All bedrooms upstairs. Great opportunity for owners or investors. 3760 is 2 bed/1.5 bath Possible rent up to $1,300/Month. Lockbox. Showings 15 mins. prior. Code 1906.

  John Cornes CCIM Braden, Braden & Braden LLC

  3760 Cambridge Station Dr, Memphis, TN 38115
• 

  /2

  $60,274

  • 3 Beds
  • 1 Bath
  • 962 Sq Ft

  2404 Hernando Rd, Memphis, TN 38106

  Investment opportunity. Current tenants (2) have lived in home for approximately 2 years.

  Dianne Wilson-Hayden Crye-Leike, Inc., REALTORS

  2404 Hernando Rd, Memphis, TN 38106
• 

  /2

  $12,000

  • Land
  • 2,178 Sq Ft
  • $240,000 per Acre

  0 Red Oak St, Memphis, TN 38112

  Vacant residential parcel. Buildable lot with nearby homes and community amenities. Convenient location near local shopping, schools, and transportation. Utilities available nearby (buyer to verify). Ideal for custom home building or investment.

  Joshua Moss KAIZEN Realty, LLC

  0 Red Oak St, Memphis, TN 38112

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