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

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  /17

  $150,000

  • 3 Beds
  • 1 Bath
  • 1,218 Sq Ft

  3636 E Mallory Ave, Memphis, TN 38111

  Charming and fully renovated, this move in ready home at 3636 E. Mallory Ave blends modern updates with everyday comfort. Featuring 3 spacious bedrooms and 1 beautifully updated bathroom, this home offers 1,069 square feet of thoughtfully refreshed living space on a solid slab foundation. The renovated kitchen and bath add contemporary appeal, while central air and heat keep the home comfortable

  Jennifer Little KAIZEN Realty, LLC

  3636 E Mallory Ave, Memphis, TN 38111
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  /11

  $144,900

  • 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
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  /29

  $74,900

  • 3 Beds
  • 1 Bath
  • 1,270 Sq Ft

  2036 Saint Elmo Ave, Memphis, TN 38127

  Charming 3-bedroom home in Frayser! Welcome to 2036 St Elmo Ave, a cozy 1-story home featuring 3 comfortable bedrooms and 1 full bath. This property offers a functional layout, bright living spaces, and a spacious yard perfect for outdoor enjoyment. Conveniently located near schools, shopping, and major routes, it’s a great option for first-time buyers or investors looking for a solid addition to

  Alexis Martz Trelora Realty

  2036 Saint Elmo Ave, Memphis, TN 38127
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  /34

  $94,900

  • 3 Beds
  • 1 Bath
  • 1,311 Sq Ft

  1886 Corning Ave, Memphis, TN 38127

  Constructed in 1955, this 1,311 sqft single-story residence features a durable brick exterior and the convenience of an attached carport. The interior floor plan includes 3 bedrooms and 1 bathroom, providing a functional layout with bright living areas. Comfort is maintained year-round with a central heating and air conditioning system. Situated on an expansive 0.344 acre level lot, the home has

  Alexis Martz Trelora Realty

  1886 Corning Ave, Memphis, TN 38127
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  /33

  $149,900

  • 3 Beds
  • 2 Baths
  • 1,916 Sq Ft

  3265 Brakebill Cove, Memphis, TN 38116

  Located on a quiet cul-de-sac in the Graves Road subdivision, this classic brick-veneer residence offers a spacious 1,916 square foot floorplan on a level 0.229-acre (9975 sqft) lot. Built in 1967, the interior features three bedrooms and two full bathrooms, highlighted by a traditional layout that includes a formal dining room and a dedicated breakfast nook conveniently located off the kitchen.

  Alexis Martz Trelora Realty

  3265 Brakebill Cove, Memphis, TN 38116
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  /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
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  /30

  $64,900

  • 3 Beds
  • 1 Bath
  • 1,044 Sq Ft

  2449 Labonte Dr, Memphis, TN 38127

  Welcome home! This charming 3-bed, 1-bath single-family residence features beautiful hardwood floors throughout and an inviting layout filled with natural light. Enjoy the expansive yard—perfect for gardening, gatherings, or future expansion. A wonderful opportunity to own a comfortable, well-kept home with plenty of outdoor space.

  Alexis Martz Trelora Realty

  2449 Labonte Dr, Memphis, TN 38127
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  /2

  $10,500

  • Land
  • 3,049 Sq Ft
  • $150,000 per Acre

  0 Driver St, Memphis, TN 38126

  Great parcel of land for a developer or investor! Willing to sell as a bundle with other lots.

  Chinna Prude C21 Patterson & Assoc. Real Es

  0 Driver St, Memphis, TN 38126
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  /35

  $89,900

  • 3 Beds
  • 1 Bath
  • 1,110 Sq Ft

  3613 Debby Dr, Memphis, TN 38127

  Welcome to your serene oasis in the heart of Memphis! This charming single-story ranch home offers an inviting blend of comfort and convenience. Boasting three well-appointed bedrooms, this residence is perfect for families or anyone seeking a spacious retreat. The thoughtfully designed layout features one full bathroom, ensuring every space is both practical and comfortable. Step inside to

  Alexis Martz Trelora Realty

  3613 Debby Dr, Memphis, TN 38127
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  /12

  $89,000

  • 3 Beds
  • 1 Bath
  • 925 Sq Ft

  1872 Portland Ave, Memphis, TN 38127

  Wonderful, Move-In Ready 3BR/1BA Home in Memphis~Tenant Occupied at $895/Month~Lease Begins April 1, 2026 for 2 Years~Property Fully Renovated in 2020~Renovations Included New Furnace & New Central AC~Repairs Just Completed After Tenant Moved Out Including Fresh Interior Paint Throughout~Wood Floors Everywhere, No Carpet~Large Corner Lot

  Jennifer Carstensen Real Estate Agency

  1872 Portland Ave, Memphis, TN 38127
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  /11

  $102,900

  • 3 Beds
  • 1 Bath
  • 1,041 Sq Ft

  3723 Wayne Ave, Memphis, TN 38122

  Attention Investors!!! You have the ability to buy 10 cash flowing rental properties at one time! This property is part of a package of 10 rental houses for sale. Houses are not sold separately. No wholesaler or assignment of contract offers will be accepted. These properties are all professionally managed. Video is available upon request and please do not disturb any tenants. Owner-Agent

  Dean Harris CrestCore Realty MphsBrokerage

  3723 Wayne Ave, Memphis, TN 38122
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  /16

  $80,000

  • 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
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  /2

  $119,900

  • 3 Beds
  • 1 Bath
  • 1,511 Sq Ft

  2714 Nix Cove, Memphis, TN 38127

  Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38127 area. Cash flowing with a monthly rentalamount of $1,250/month, month to month. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language willbe accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  2714 Nix Cove, Memphis, TN 38127
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  /5

  $72,000

  • 2 Beds
  • 1 Bath
  • 600+ Sq Ft

  1971 Boyle Ave, Memphis, TN 38114

  Welcome to 1971 Boyle Avenue, Memphis, TN 38114! This 2-bedroom, 1-bath home blends comfort and practicality—ideal for both homeowners and investors. Inside, you'll find durable LVP flooring and a bright, open living area perfect for hosting or relaxing. The modern kitchen offers generous storage with large shaker cabinets. Additional features include window A/C units and a spacious fenced

  James Wachob Foundation Property Management

  1971 Boyle Ave, Memphis, TN 38114
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  /35

  $119,900

  • 4 Beds
  • 1.5 Baths
  • 1,680 Sq Ft

  3047 S Edgeware Rd, Memphis, TN 38118

  Spacious 4-bedroom brick home on a massive 0.35-acre lot in Kensington Gardens! This well-maintained property features over 1,600 sq ft of living space, a functional layout, and the added convenience of both a 1-car garage and a carport. Perfectly situated near Oakhaven amenities and major transit routes, this home offers incredible potential for owners and investors alike. A must-see Memphis gem!

  Tiffany Jones Trelora Realty

  3047 S Edgeware Rd, Memphis, TN 38118
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  /26

  $124,500

  • 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

  $79,900

  • 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!

  Alexis Martz Trelora Realty

  794 Margie Dr, Memphis, TN 38127
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  /14

  $119,900

  • 3 Beds
  • 1 Bath
  • 1,053 Sq Ft

  1017 Gordon St, Memphis, TN 38122

  Cozy 3 bedroom, 1 bathroom home featuring comfortable living space and a decent-sized backyard, perfect for relaxing, grilling, or letting the kids and dogs run. A great place to call home.

  Crystal Mitchell Renshaw Company, REALTORS

  1017 Gordon St, Memphis, TN 38122
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  /30

  $109,900

  • 3 Beds
  • 2 Baths
  • 1,539 Sq Ft

  134 W Holmes Rd, Memphis, TN 38109

  Move-in ready 3BR/2BA Whitehaven ranch! Single-story layout with spacious living, dining, and den/great room. Kitchen with functional space for everyday living. All bedrooms on main level. 2-car garage, 0.33-acre lot, and prime location near schools, shopping, and major routes. Affordable, convenient, and full of potential—don’t miss it!

  Christopher Stjernholm Trelora Realty

  134 W Holmes Rd, Memphis, TN 38109
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  /6

  $139,874

  • 2 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  4195 Cedartree Dr, Memphis, TN 38141

  TENANT OCCUPIED BACK ON MARKET BUYER FINANCING What a great start to Homeownership or to build your portfolio!!! This beautifully renovated 2 bedroom 2 FULL bath town home (END UNIT) QUALIFIES for 100% financing & DPA programs. Close to shopping, restaurants & entertainment in both Memphis & Desoto County...this would make the PERFECT home or investment! Downstairs features a family room with a

  Tijuana Wallace Keller Williams

  4195 Cedartree Dr, Memphis, TN 38141
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  /4

  $110,000

  • 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
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  /36

  $139,000

  • 2 Beds
  • 2 Baths
  • 1,338 Sq Ft

  5013 Scheibler Rd Unit C1, Memphis, TN 38128

  A rare chance to own one of the cottages at Lutheran Village. This condo community is for residents 55 yrs and older. HOA fee includes 6 dinners a month with the option for add on meals, basic cable, 1 cleaning every other week, Shuttle to and from grocery store. Owner's amenities include access to fitness area, beauty shop, and guest room. There is a flex room that could be used as a 3rd bedroom

  Amanda Kirkman KAIZEN Realty, LLC

  5013 Scheibler Rd Unit C1, Memphis, TN 38128
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  /23

  $89,900

  • 2 Beds
  • 1 Bath
  • 1,061 Sq Ft

  726 E Gage Ave, Memphis, TN 38106

  Entire house has been renovated. New wood fence around property. This cute house just got a makeover! It has a new roof, so it’s all set for any weather. Inside, there are two bedrooms and one bathroom, all redone and looking great. The floors are new everywhere in the house, making it feel fresh. The kitchen has shiny new appliances, ready for you to use.

  KC Lam Cordova Realty, Inc.

  726 E Gage Ave, Memphis, TN 38106
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  /7

  $110,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3075 Debby St, Memphis, TN 38127

  Welcome to 3075 Debby Street, Memphis, TN 38127! This 3-bedroom, 1-bath home combines charm and modern updates, featuring hard surface flooring throughout and a bright, spacious living area. The kitchen boasts large shaker cabinets, while central heat and air provide year-round comfort. The large fenced backyard is ideal for outdoor activities or entertaining. Fully tenanted, this property offers

  James Wachob Foundation Property Management

  3075 Debby St, Memphis, TN 38127
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  /33

  $99,900

  • 3 Beds
  • 2 Baths
  • 1,106 Sq Ft

  3877 Black Forest Dr, Memphis, TN 38128

  Welcome to this efficiently designed 1,106 sq. ft. ranch in the quiet Timberlake community. This move-in-ready home offers a clean and modern aesthetic, beginning with a dedicated 3x10 foyer entryway that leads into an impressively large 18x14 living room—perfect for versatile furniture arrangements and entertaining. The interior features a thoughtful mix of finishes, including beautiful

  Tiffany Jones Trelora Realty

  3877 Black Forest Dr, Memphis, TN 38128
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  /33

  $99,900

  • 3 Beds
  • 1 Bath
  • 1,118 Sq Ft

  3627 Trudy Cove, Memphis, TN 38128

  Great opportunity in a quiet Memphis neighborhood! This home features a functional layout with comfortable living space and strong potential for updates or investment. Situated on a spacious lot with a convenient location near schools, shopping, dining, and major roadways for easy access across the city. Ideal for investors or first-time buyers looking to add value. Don’t miss the potential this

  Christopher Stjernholm Trelora Realty

  3627 Trudy Cove, Memphis, TN 38128
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  /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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  /34

  $84,900

  • 3 Beds
  • 1 Bath
  • 1,026 Sq Ft

  2525 Wellons Ave, Memphis, TN 38127

  Welcome to this well-crafted 1990s ranch-style home, featuring a durable, mostly brick exterior accented with low-maintenance vinyl. The interior welcomes you with timeless hardwood flooring that flows throughout the three bedrooms and common areas. This traditional floor plan offers distinct, separate spaces for the living room, formal dining area, and a functional kitchen, providing a sense of

  Christopher Stjernholm Trelora Realty

  2525 Wellons Ave, Memphis, TN 38127
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  /11

  $120,000

  • 3 Beds
  • 2 Baths

  564 W Peebles Rd, Memphis, TN 38109

  TWO FOR ONE SPECIAL! Front house is 2bed 1bath, PLUS there is a rear detached 1bed 1bath unit rented for $400/mo. Seller has done a lot of repairs/upgrades in main home including: New Kitchen (new countertops, new tile, new cabinets) fresh interior/exterior paint, new flooring, upgraded bathrooms. Home qualifies for special 100% financing for owner occupant buyers. FHA/VA/Conventional offers

  Tyler Tapley Crye-Leike, Inc., REALTORS

  564 W Peebles Rd, Memphis, TN 38109
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  /2

  $136,000

  • 3 Beds
  • 1.5 Baths
  • 1,341 Sq Ft

  4199 Genyth Ave, Memphis, TN 38128

  DO NOT DISTURB TENANTS. Drive by ONLY. This property has a tenant paying $1325.00 a month. Inspection with accepted binded agreement. Tenant on month-to-month lease agreement.

  Erica Reed Crye-Leike, Inc., REALTORS

  4199 Genyth Ave, Memphis, TN 38128
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  /4

  $150,000

  • Land
  • 1.43 Acres
  • $104,895 per Acre

  10972 U S Highway 64, Arlington, TN 38002

  BACK ON THE MARKET. For sale is the total of 1.43 acres for the lots located at 10972 and 10982. The property was rezoned as general commercial. There is about 261 feet of road frontage. Electrical and water are at the street. Soil map has been done for septic permit application.

  Elena Holcomb John Green & Co., REALTORS

  10972 U S Highway 64, Arlington, TN 38002
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  /35

  $89,900

  • 3 Beds
  • 1 Bath
  • 1,218 Sq Ft

  3603 Windermere Rd, Memphis, TN 38128

  Great opportunity in the established Timberlake community! This 3-bedroom, 1-bath brick ranch features an efficient layout with a cozy fireplace and a private carport. Situated on a level lot with no HOA, it offers a solid foundation for homeowners or investors. Conveniently located near Austin Peay Hwy and I-40 for easy commuting.

  Tiffany Jones Trelora Realty

  3603 Windermere Rd, Memphis, TN 38128
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  /2

  $7,250

  • Land
  • 18,295 Sq Ft
  • $17,262 per Acre

  3602 Silas Rd, Memphis, TN 38109

  Great opportunity for builders & investors. Lot is zones R-6, single family residential. Purchase this lot 0 Silas and 3602 Silas as a package deal or individually. Go by and check out this great opportunity.

  Angelita Parham KAIZEN Realty, LLC

  3602 Silas Rd, Memphis, TN 38109
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  /33

  $84,900

  • 3 Beds
  • 1 Bath
  • 1,264 Sq Ft

  3535 Hallbrook St, Memphis, TN 38127

  This charming 3-bedroom, 1-bathroom ranch-style home is situated on a spacious 0.29-acre level lot in the established Hallbrook subdivision. The functional 884 sq. ft. floorplan is significantly enhanced by the addition of a generous family room, a large, versatile bonus room and a 10x8 utility room with laundry hook-ups. The interior features a traditional layout with a separate den area, while

  Tiffany Jones Trelora Realty

  3535 Hallbrook St, Memphis, TN 38127
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  /12

  $52,000

  • Land
  • 1.83 Acres
  • $28,415 per Acre

  00 Raleigh Millington Rd, Memphis, TN 38128

  Almost 2 acres in a great location.

  Alex Da Ponte Sowell, Realtors

  00 Raleigh Millington Rd, Memphis, TN 38128
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  /3

  $28,500

  • 2 Beds
  • 1 Bath
  • 1,120 Sq Ft

  33 E Geeter Rd, Memphis, TN 38109

  House is burned and has no value and will be demolished by seller, value is in the land. Lot next door is included in price.

  Dorethia Bandy Legendary Realty

  33 E Geeter Rd, Memphis, TN 38109
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  /25

  $115,000

  • 1 Bed
  • 1 Bath
  • 487 Sq Ft

  109 N Main St Unit 808, Memphis, TN 38103

  Live in the heart of downtown Memphis at the historic Claridge House on North Main! This freshly painted cozy studio condo offers stunning north-facing views of the city skyline and the iconic Pyramid. Enjoy a bright, open layout with updated modern lighting, a stylish backsplash, and brand-new kitchen appliances. The building is rich in amenities, including an indoor pool, gym, storage, rooftop

  Donnie Morrow eXp Realty, LLC

  109 N Main St Unit 808, Memphis, TN 38103
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  /32

  $99,900

  • 3 Beds
  • 1 Bath
  • 1,481 Sq Ft

  2224 Wellons Ave, Memphis, TN 38127

  Spacious 3-bedroom, 1-bathroom brick ranch in the heart of Frayser on 0.29 acres. This 1,481 sq. ft. single-story home features a functional floor plan with all bedrooms on the main level. Inside, you will find gleaming dark hardwoods throughout the main living areas and carpeted bedrooms for comfort. The home also features a dedicated laundry room with washer and dryer hookups for convenience.

  Alexis Martz Trelora Realty

  2224 Wellons Ave, Memphis, TN 38127
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  /2

  $144,900

  • 3 Beds
  • 2 Baths
  • 1,232 Sq Ft

  4305 Creekbed Cove, Memphis, TN 38141

  Motivated seller offering an occupied, income-producing investment property—currently rented at $1,169/month with lease through 4/30/2026. Available individually or as part of a portfolio with strong-performing assets. 4566 Fawn Hollow Cv. listed at $160,000 and rented at $1425. Sold AS-IS. Do not disturb tenant. Inspection granted with accepted offer. Great opportunity to expand your rental

  James Johnson Crestcore Realty, LLC

  4305 Creekbed Cove, Memphis, TN 38141
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  /33

  $36,000

  • 3 Beds
  • 2 Baths
  • 1,188 Sq Ft

  714 Edith Ave, Memphis, TN 38126

  Investor opportunity in Memphis 38126. This 3 bedroom, 2 bathroom single family home with 1,188 sqft on a 0.199 acre lot and was built in 2000. The property requires a full renovation and is being conveyed strictly AS-IS. Framing and foundation are structurally sound. Central HVAC, city water, city sewer, and natural gas are available at the property. The lot reportedly accommodates an additional

  Steven Koleno Beycome Brokerage Realty, LLC

  714 Edith Ave, Memphis, TN 38126

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