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

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  /2

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,070 Sq Ft

  4844 Newton Dr, Memphis, TN 38109

  Welcome to 4844 Newton, a solid 3 bedroom, 1 bath investment property with a long-term, reliable tenant already in place and wishing to remain after the sale. Currently rented at $1,150/month, this home delivers immediate cash flow with minimal interruption. A perfect fit for investors seeking stable income in a strong rental market. Serious inquiries only. Proof of funds required for all

  Jessica Wright Key Connect Group, LLC

  4844 Newton Dr, Memphis, TN 38109
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  /9

  $120,000

  • 4 Beds
  • 2 Baths
  • 1,410 Sq Ft

  2436 Whitney Ave, Memphis, TN 38127

  TURNKEY RENTAL! $1400/MO INCOME- 14% Annual ROI- 1-YEAR WARRANTY INCLUDED! Fully rehabbed inside and out, 4 bed 2 bath property features a new roof, updated electrical panel, fresh exterior paint, new flooring, modernized kitchen and bathrooms, plus new HVAC, furnace, and hot water heater. Please Note: Tenant-occupied – DO NOT DISTURB. Showings/inspections only with accepted offer. No wholesalers

  Brett Bernard The Stamps Real Estate Company

  2436 Whitney Ave, Memphis, TN 38127
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  /2

  $15,000

  • Land
  • 0.32 Acre
  • $46,875 per Acre

  3076 Travis Rd, Memphis, TN 38109

  Great opportunity for development in a sought after area. Regular residential lot available for sale. Buyer to verify all utilities, zoning and feasibility. No creative or owner financing.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3076 Travis Rd, Memphis, TN 38109
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  /3

  $5,000

  • Land
  • 0.14 Acre
  • $35,714 per Acre

  0 W Lloyd Cir, Memphis, TN 38108

  Lots available for your spring building program! Approx 10 lots are available in this area. Call Listing Agent for complete list. Buyer to do all due diligence, sold AS-IS WHERE-IS

  Dawn Kinard Welch Realty, LLC

  0 W Lloyd Cir, Memphis, TN 38108
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  /4

  $89,900

  • 4 Beds
  • 2 Baths
  • 1,406 Sq Ft

  3483 Julia St, Memphis, TN 38127

  INVESTORS ONLY!! Tenant occupied 4 bed 2 bath home. Currently rented at $745/mo. This could be a great addition to your rental portfolio. Professionally managed by Mid South Home Rentals. Seller also selling 1575 Jay ($79,900) and 3536/3538 Christine ($155,000). Can buy in bulk or individually. Make all offers contingent on interior access (no showings until an accepted offer). No sign in the

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3483 Julia St, Memphis, TN 38127
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  /2

  $55,000

  • Land
  • 2.98 Acres
  • $18,456 per Acre

  3366 E Shelby Dr, Memphis, TN 38118

  Prime Development Opportunity with 2.98 Acres in Memphis~Rare opportunity for Developers, Builders, and Investors Alike~Versatile Property Offers the Perfect Setting for Residential Construction, Small Community Development, or Other Creative Projects~Just Minutes from Mississippi’s Vibrant Shopping, Dining, and Retail Hubs~Zoned for Residential and Flexible Use

  Jennifer Carstensen Real Estate Agency

  3366 E Shelby Dr, Memphis, TN 38118
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  /11

  $38,000

  • 3 Beds
  • 1 Bath
  • 1,147 Sq Ft

  57 W Frank Ave, Memphis, TN 38109

  Investor special! This property has been completely gutted and is ready for your next renovation project. The hard work of demo is already done — now it’s a blank canvas for your vision. Whether you’re looking to flip, rent, or rebuild, this home offers endless potential. Sold as-is. Bring your tools and creativity to transform this property into your next investment success!

  Jeff Goff Keller Williams

  57 W Frank Ave, Memphis, TN 38109
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  /4

  $30,000

  • 3 Beds
  • 1 Bath
  • 1,357 Sq Ft

  830 Alida Ave, Memphis, TN 38106

  Investor Special! Burnout property — do not enter, unsafe inside. View from exterior only and make your best offer! Cash or hard money buyers — proof of funds required with all offers. Sold as-is.

  Jay McMiller RE/MAX Realty Group

  830 Alida Ave, Memphis, TN 38106
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  /14

  $150,000

  • 1 Bed
  • 1 Bath
  • 600+ Sq Ft

  10 S Idlewild St Unit 2, Memphis, TN 38104

  Nestled within a prestigious Midtown gated community, this beautifully appointed one-bedroom, one-bathroom condo offers the perfect blend of comfort, style, and security. Ideal for those seeking a low-maintenance lifestyle, this residence provides a serene retreat with modern conveniences.The open-concept living space is bathed in natural light, featuring high ceilings, sleek hand-scraped

  David Fraser John Green & Co., REALTORS

  10 S Idlewild St Unit 2, Memphis, TN 38104
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  /23

  $97,000 Pre-Foreclosure

  • 1 Bath
  • 100+ Sq Ft

  109 N Main St Unit 708, Memphis, TN 38103

  Hardwood wood floors, updated lighting, fresh paint, storm windows, stainless steel appliances, all in top shape! proximity to the river, U of M Law School, FedEx Forum, wonderful restaurants, new Art Museum, the Orpheum, and more. Secure building, rooftop deck with fabulous views and grills for your use, a fully equipped gym, indoor pool and hot tub, and a Balinese room for entertaining. Sellers

  Scott Thurmer Emmett Baird Realty, LLC

  109 N Main St Unit 708, Memphis, TN 38103
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  /2

  $10,500

  • Land
  • 0.11 Acre
  • $95,455 per Acre

  1816 Kerr Ave, Memphis, TN 38114

  Call listing agent for complete up to date list, Great area for new construction. Buyer to do any and all due diligence, This lot was bought through tax sale. Seller has 5 lots for sale, call listing agent for complete list. Selling "AS-IS WHERE-IS" -

  Dawn Kinard Welch Realty, LLC

  1816 Kerr Ave, Memphis, TN 38114
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  /12

  $129,500

  • 3 Beds
  • 1 Bath
  • 1,063 Sq Ft

  3914 Schoolfield Rd, Memphis, TN 38127

  Completely Renovated & Move-In Ready! Step into modern comfort in this beautifully renovated 3-bedroom, 1-bath home featuring laminate wood flooring throughout and a fully updated kitchen and bath. The kitchen comes equipped with appliances, perfect for first-time buyers or those seeking turnkey convenience. Enjoy peace of mind with brand-new HVAC, roof, plumbing, and electrical...everything has

  Patrice Williams-Wooten Keller Williams

  3914 Schoolfield Rd, Memphis, TN 38127
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  /2

  $7,800

  • Land
  • 0.17 Acre
  • $45,882 per Acre

  274 W Mckellar Ave, Memphis, TN 38109

  274 W McKellar residential lot available. Could make a great site for a home, community garden, parking spot for a large truck, etc. Excellent opportunity to build your own dream home! Minutes from downtown. This could be an amazing opportunity for an exciting development! Don't miss your opportunity today! Cash offers only. Buyer to verify all zoning, utilities and feasibility.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  274 W Mckellar Ave, Memphis, TN 38109
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  /11

  $90,000

  • 2 Beds
  • 1.5 Baths
  • 1,148 Sq Ft

  141 N Auburndale St, Memphis, TN 38104

  A great investment opportunity!!! Rare find in Midtown! 2 BR/1.5 Bath Condo! Move In Ready !!!

  Lilian Nguyen KAIZEN Realty, LLC

  141 N Auburndale St, Memphis, TN 38104
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  /2

  $90,000

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

  1584 Carpenter St, Memphis, TN 38108

  Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1 baths. Currently renting for $1,451 per month. so as not to disturb tenants inspection scheduled after an accepted offer.

  Harry Samuels Pinnacle Realty

  1584 Carpenter St, Memphis, TN 38108
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  /12

  $59,000

  • 3 Beds
  • 2 Baths
  • 1,148 Sq Ft

  1439 Menager Rd, Memphis, TN 38106

  2 bed 2 bath home with some recent renovation completed. Updated roof, and flooring, Selling "as is"

  Ed Engelke United Real Estate Mid South

  1439 Menager Rd, Memphis, TN 38106
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  /4

  $12,000

  • Land
  • 0.31 Acre
  • $38,710 per Acre

  3097 Harvester Ln, Memphis, TN 38127

  Nice .31 acre lot Great home site!

  Debbie Holtermann Coldwell Banker Collins-Maury

  3097 Harvester Ln, Memphis, TN 38127
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  /2

  $110,000

  • 3 Beds
  • 2 Baths
  • 1,004 Sq Ft

  3296 Madewell St, Memphis, TN 38127

  Investment Opportunity – 3 Bed, 2 Bath Tenant-Occupied Property Great opportunity to start or expand your real estate portfolio with this income-producing property! This 3-bedroom, 2-bath home is currently tenant-occupied, offering immediate rental income. Please note: Property is tenant-occupied. No showings will be scheduled without an accepted offer. Don’t miss out on this turnkey investment!

  Tina Andrade Fast Track Realty

  3296 Madewell St, Memphis, TN 38127
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  /2

  $134,500

  • 4 Beds
  • 1 Bath
  • 858 Sq Ft

  4498 Beacon Hill Cove, 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

  4498 Beacon Hill Cove, Memphis, TN 38127
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  /2

  $7,500

  • Land
  • 0.07 Acre
  • $107,143 per Acre

  1417 N Bellevue Blvd, Memphis, TN 38107

  Nice lot! Come build your new house!

  Myles Wilson Keller Williams

  1417 N Bellevue Blvd, Memphis, TN 38107
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  /8

  $127,800

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

  3516 Suzanne Dr, Memphis, TN 38127

  Terrific investment opportunity. Professionally managed and cash flowing property. Deposit is $900. Rent is $1278/mo. Lease is m2m. Professionally managed by Renshaw. Lease and ledger are available upon request. Seller has multiple properties for sale. Can buy individucally or in bulk. All properties are professionally managed. The addresses are 3667 Southland, 1364 Viscoscia, 3263 Sunrise, 3516

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3516 Suzanne Dr, Memphis, TN 38127
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  /11

  $110,000

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

  1557 Ontario Ave, Memphis, TN 38127

  Check out this excellent cashflow opportunity in Frayser! Total reno completed in 2019 including detached garage roof, HVAC and updated circuit breaker. Hardwood throughout. Tenant in place at $900/month and would like to stay. Property in good condition! PLEASE DO NOT DISTURB OR APPROACH! NO SHOWINGS PRIOR TO ACCEPTED OFFER! Selling as-is! EMD/Seller to close with Bradsher Alpert Stuart, PLLC.

  Ellecia Hayes Keller Williams

  1557 Ontario Ave, Memphis, TN 38127
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  /2

  $15,000

  • Land
  • 0.52 Acre
  • $28,846 per Acre

  1370 W North Dr, Memphis, TN 38109

  Marija Tomic ResiAmerica, Inc.

  1370 W North Dr, Memphis, TN 38109
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  /2

  $3,800

  • Land
  • 0.08 Acre
  • $47,500 per Acre

  1100 S Orleans St, Memphis, TN 38126

  vacant lot for sale under $10k.

  Virgil Pryor Harris Realty Services

  1100 S Orleans St, Memphis, TN 38126
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  /2

  $5,000

  • Land
  • 0.09 Acre
  • $55,556 per Acre

  1533 S Orleans St, Memphis, TN 38106

  Builders/Investors get your building plan underway! Buyer to conduct all due diligence, selling AS-IS WHERE-IS. PLEASE contact listing agent for more information on this & other active lots

  Dawn Kinard Welch Realty, LLC

  1533 S Orleans St, Memphis, TN 38106
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  /2

  $7,000

  • Land
  • 0.25 Acre
  • $28,000 per Acre

  2126 Labelle St, Memphis, TN 38114

  Vacant lot suitable for building your dream home.

  Scott Housewirth Crye-Leike Inc., REALTORS

  2126 Labelle St, Memphis, TN 38114
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  /5

  $14,200

  • Land
  • 0.43 Acre
  • $33,023 per Acre

  386 Dixie Rd, Memphis, TN 38109

  Land to build that home you always wanted. .43 acres. Seller says make him an offer he can't refuse.

  Christine Abston REMAX Experts

  386 Dixie Rd, Memphis, TN 38109
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  /2

  $113,680

  • 3 Beds
  • 1.5 Baths
  • 1,634 Sq Ft

  887 Bramblewood Ln, Memphis, TN 38109

  Can be purchased as part of a 7-home portfolio. Great opportunity for investors. Tenant occupied. No showings on Thursdays. Tenant prefers to be present for all showings. 2-hour notice required.

  Shaneathia Armstrong C21 Patterson & Assoc. Real Es

  887 Bramblewood Ln, Memphis, TN 38109
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  /27

  $95,000

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

  475 N Highland St Unit 2K, Memphis, TN 38122

  Condo Living at it's best! 24 Hour security with front door attendant, exercise room, party room with kitchen, pool with large covered patio, community BBQ pit & grilling area. 2 Guest suites available for rent. Covered secure parking $20 a month, not included in the $510 maintenance fee. Ready for your personal touches to make this one your own... which is reflected in list price. Interior has

  Carol Iverson Crye-Leike, Inc., REALTORS

  475 N Highland St Unit 2K, Memphis, TN 38122
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  /25

  $144,800

  • 1 Bed
  • 1 Bath
  • 718 Sq Ft

  109 N Main St Unit 1207, Memphis, TN 38103

  Experience downtown living at its finest in this 12th-floor one-bedroom, one-bath condominium at the Claridge House in Memphis. This inviting residence features a comfortable living room and kitchen, all elevated above the city to capture natural light and scenic views. Located just steps from popular bars, restaurants, and scenic parks along the Mississippi River, this condo offers an unbeatable

  Vicki Blackwell Crye-Leike, Inc., REALTORS

  109 N Main St Unit 1207, Memphis, TN 38103
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  /30

  $137,000

  • 3 Beds
  • 2 Baths
  • 1,356 Sq Ft

  3537 Deerwood Ave, Memphis, TN 38111

  This charming single family home located at 3537 Deerwood Ave in Memphis, TN was built in 1955. It features 2 bathrooms, a finished area of 1,356 sq.ft., and sits on a spacious lot measuring 6,578 sq.ft. With a cozy feel and ample living space, this property is perfect for those looking for a comfortable and inviting home in a desirable neighborhood.

  Daniel Demers Sell Your Home Services LLC

  3537 Deerwood Ave, Memphis, TN 38111
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  /2

  $145,000

  • 3 Beds
  • 1 Bath
  • 1,372 Sq Ft

  385 Walker Ave, Memphis, TN 38126

  This home has already undergone significant updates and is ready for the next owner to complete the finishing touches. Much of the hard work is done—simply bring your vision to finish out the remaining areas and make it your own. Whether you’re an investor looking for your next project or a buyer wanting to customize a nearly completed renovation, this property offers exceptional potential at a

  Allison Brents 901, REALTORS

  385 Walker Ave, Memphis, TN 38126
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  /3

  $35,000

  • 3 Beds
  • 1 Bath
  • 1,400+ Sq Ft

  1273 Edith Ave, Memphis, TN 38106

  This vacant 3-bedroom, 1-bath home is a diamond in the rough waiting for the right buyer to bring it back to life. Located in an up-and-coming area with plenty of room for improvement, this property offers a solid structure, generous lot size, and endless potential for renovation. Home is being sold as-is and will require renovations throughout — perfect for those with a creative eye and

  Shane Bryant Keller Williams

  1273 Edith Ave, Memphis, TN 38106
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  /18

  $54,900

  • 3 Beds
  • 2 Baths
  • 1,020 Sq Ft

  3063 Calvert Ave, Memphis, TN 38108

  Opportunity awaits! This charming home is ready for the next owners to bring their vision to life. A blank canvas, this property is the perfect chance to customize and create the home the way you envision.

  Javonne Grandison eXp Realty, LLC

  3063 Calvert Ave, Memphis, TN 38108
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  /15

  $144,900

  • 3 Beds
  • 1.5 Baths
  • 1,606 Sq Ft

  1321 Merrycrest Dr, Memphis, TN 38111

  Huge 3 bedroom 1.5 Bath House, Separate Living Room, Large Den with fireplace, Bonus Room Upstairs. Central Heat and Air, Hardwood Floors except Kitchen and Bathrooms, Floored attic for Extra Storage. Fenced In Backyard. Convenient Location and very close to University of Memphis. An incredible opportunity for buyers looking to add their own personal touch.

  Ahmed Feroze The Stamps Real Estate Company

  1321 Merrycrest Dr, Memphis, TN 38111
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  /2

  $5,000

  • Land
  • 0.82 Acre
  • $6,098 per Acre

  3273 S Gill Rd, Memphis, TN 38109

  Builders/Investors get your building plan underway! Buyer to conduct all due diligence, selling AS-IS WHERE-IS.

  Dawn Kinard Welch Realty, LLC

  3273 S Gill Rd, Memphis, TN 38109
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  /11

  $99,900

  • 3 Beds
  • 1 Bath
  • 1,000+ 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; leased through May 31, 2026.

  Camela Henke Enterprise, REALTORS

  1198 Canary Ln, Memphis, TN 38109
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  /27

  $150,000

  • 1 Bed
  • 1 Bath
  • 880 Sq Ft

  730 Hedgegrove Dr Unit 4407, Memphis, TN 38117

  Welcome to Audubon Square, a gated East Memphis community with wonderful amenities that include 3 pools, 2 tennis courts & a clubhouse! This well-maintained 1-bed, 1- bath condo provides comfort, style & convenience. Highlights include a new HVAC system, updated bathroom, spacious living area with wood flooring, and a cozy dining nook. The kitchen features ample cabinet space and recessed

  Meredith Vezina Keller Williams

  730 Hedgegrove Dr Unit 4407, Memphis, TN 38117
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  /2

  $69,000

  • 4 Beds
  • 1 Bath
  • 1,050 Sq Ft

  1103 Springdale St, Memphis, TN 38108

  4 Bedroom, Tenant Occupied, brick home. Roof 2023. Central HVAC. Current rent: $725. Minutes from Rhodes College, Memphis Zoo and Overton Park. Elementary school just a short walk down the street. Perfect addition to your rental portfolio!! Do Not Disturb tenant!! Make offers contingent on inspections.

  LaJuana Miller KAIZEN Realty, LLC

  1103 Springdale St, Memphis, TN 38108
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  /2

  $9,000

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

  1872 Rile St, Memphis, TN 38109

  Lot For Sale! Close to Riverside Blvd and Riverview Schools. So much Potential! Check it out today! Buyers do your own Due Diligence.

  Jennifer Clark KAIZEN Realty, LLC

  1872 Rile St, Memphis, TN 38109

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