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

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  /18

  $144,900

  • 2 Beds
  • 1 Bath
  • 1,131 Sq Ft

  3579 Powell Ave, Memphis, TN 38122

  Furniture's are virtual staging to see potential. Roof only 4 years old, beautifully updated home in the heart of High Point Terrace! This charming 2-bedroom property features fresh interior paint, refinished floors, an updated kitchen and bath, and a spacious layout filled with natural light. Enjoy a large fenced backyard, perfect for pets or outdoor entertaining. Conveniently located just

  David Truong eXp Realty, LLC

  3579 Powell Ave, Memphis, TN 38122
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  /15

  $90,000

  • 2 Beds
  • 1 Bath
  • 902 Sq Ft

  952 Barbara Dr, Memphis, TN 38108

  1% CASH FLOW- ONE YEAR WARRANTY- MHA RENT $952.00- 2 BR 1 Bath home fully renovated in great rental market- new roof, exterior paint, new floors, bathrooms, and kitchen, LVT and tile flooring, new condenser, new furnace, hot water heater, lighting, and fixtures. No owner finance or wholesalers. Do not disturb tenant- Showing with accepted offer.

  Brett Bernard The Stamps Real Estate Company

  952 Barbara Dr, Memphis, TN 38108
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  /9

  $149,900

  • 3 Beds
  • 2 Baths
  • 1,297 Sq Ft

  3082 Bluffdale St, Memphis, TN 38118

  Available now! Great home for homeowner or investor. Newly renovated. Spacious eat-in kitchen with dining room, separate living room, hardwood throughout, 2 car carport, large fenced-in backyard. Convenient location. House has just been freshly painted (Nov 2025) and cleaned and is move-in ready! Call today!

  Jeremy Veldman KAIZEN Realty, LLC

  3082 Bluffdale St, Memphis, TN 38118
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  /15

  $142,499

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

  4378 Sherrycrest Cove, Memphis, TN 38128

  $5,500 CREDIT FOR ROOF! Welcome to 4387 Sherry crest – a charming, move-in ready home perfect for first-time buyers, families, or investors! This well-maintained property features 3 spacious bedrooms and 2 full bathrooms, offering comfort and functionality. Enjoy cooking in the updated kitchen with stylish farm-style countertops, and entertain in the inviting living and dining rooms that offer

  Mahmoud 'Mac' El-Aina Pinnacle Realty

  4378 Sherrycrest Cove, Memphis, TN 38128
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  /3

  $145,000

  • 4 Beds
  • 2 Baths
  • 1,392 Sq Ft

  2283 Cassie Ave, Memphis, TN 38127

  1% CASH FLOW- ONE YEAR BUILDER WARRANTY and TENANT PLACEMENT. MHA RENT $1450.00- 4 BR 2 Bath home fully renovated, completed 1-15-2026. New roof, exterior paint, new floors, bathrooms, and kitchen, LVT and tile flooring, new condenser, new furnace, hot water heater, lighting, and fixtures. Can be sold as a pkg with the following MLS listings: 10212251, 10212252, 10212254, 10212255. No owner

  Brett Bernard The Stamps Real Estate Company

  2283 Cassie Ave, Memphis, TN 38127
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  /2

  $90,000

  • 2 Beds
  • 2 Baths
  • 1,062 Sq Ft

  829 N Dunlap St, Casper, TN 82609

  Fantastic investment opportunity in the Shelby area. This 2br/2 bath Duplex is in the 38107 area. Cash flowing with a monthly rental amount of $700 for unit 829, unit 831 is vacant. The lease ends on 09/13/2025. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  829 N Dunlap St, Casper, TN 82609
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  /13

  $30,000

  • 3 Beds
  • 2 Baths
  • 967 Sq Ft

  1339 Stonewall St, Memphis, TN 38108

  This 3-bedroom, 2-bath property offers a opportunity for buyers or investors seeking a customizable space. Featuring a flexible layout, this home is ready for your vision and creativity. Ideal for renovation, redesign, or a personalized build out. Whether you’re looking to invest or create a home tailored to your style, this property delivers outstanding potential.

  Jonathan Nunez Fast Track Realty, LLC

  1339 Stonewall St, Memphis, TN 38108
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  /5

  $69,900

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

  4472 Rachael Rd, Memphis, TN 38127

  Why do the 1% rule when you can do better! Property rented out for $1000/month on a month-to-month. Charming 3 bedroom, 1 bath home in a quiet neighborhood that offers immediate cash flow. HVAC, electrical and plumbing upgrades done 3 years ago. Roof is 1 year old. No showings without accepted offer. DO NOT DISTURB TENANT. Sale is as-is.

  Farris Ibrahim Renshaw Company, REALTORS

  4472 Rachael Rd, Memphis, TN 38127
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  /2

  $8,000

  • Land
  • 1.7 Acres
  • $4,706 per Acre

  0 Felton Rd, Memphis, TN 38128

  Excellent opportunity to build in a developed neighborhood. These two adjacent lots offer approximately 1.7 acres combined (just under an acre each), providing plenty of space for your vision. Whether you’re considering a custom home, investment build, or future development, this property offers flexibility and potential in a convenient Memphis location. Purchase one lot or secure both for added

  Daniel Demers Sell Your Home Services, LLC

  0 Felton Rd, Memphis, TN 38128
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  /2

  $35,670

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  1404 Preston St, Memphis, TN 38106

  PRICE REDUCED OWNER MOTIVATED! GREAT INVESTMENT OR FIRST TIME HOMEBUYERS. HOME BEING SOLD AS-IS WHERE-IS WITH NO EXPRESSED WARRANTIES. SELLER(S) HAS OTHER PROPERTIES. IF YOUR BUYER SHOULD PURCHASE BOTH PROPERTIES AT 1 TIME SELLER(S) WILL OFFER A DISCOUNT CHECKOUT 3909 FIZER (LAND) CALL NOW, SELLERS ARE MOTIVATED

  Helen Jackson Good Shepherds Realty & Invest

  1404 Preston St, Memphis, TN 38106
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  /8

  $50,000

  • 1 Bed
  • 1 Bath
  • 696 Sq Ft

  2829 Los Gatos Ct Unit 1, Memphis, TN 38115

  Sold as-is. Perfect opportunity for a very nice 1B 1BA downstairs flat. Beautifully renovated BA .Washer and dryer connection. All appliances including refrigerator stays. Conveniently close to I-240 and TN-385. Tenant occupied paying $845/mo. Lease runs through Oct. 2026. Please Do Not Disturb tenants. No showing without an accepted offer. Lender required repairs only. Cash or Conventional only!

  Tenia McIntosh REMAX Experts

  2829 Los Gatos Ct Unit 1, Memphis, TN 38115
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  /17

  $59,150

  • 2 Beds
  • 1 Bath
  • 760 Sq Ft

  2305 Eldridge Ave, Memphis, TN 38108

  Turn-key rental with bonus lot included. New roof (2020) and full remodel (2024). A qualified tenant at $850/mo has a signed lease and security deposit in place to begin occupancy after closing—immediate cash flow that exceeds the 1% rule. Currently vacant—easy to show. Extra lot offers flexibility for parking/yard or future build. Buyer to verify all information. 2301 Eldridge Ave conveys with

  Elliot Cerezo The Home Partners Realty

  2305 Eldridge Ave, Memphis, TN 38108
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  /30

  $64,900

  • 3 Beds
  • 1 Bath
  • 1,051 Sq Ft

  3420 Forrester Rd, Memphis, TN 38109

  Welcome home to this charming single-family ranch featuring 3 bedrooms and 1 full bath. Enjoy an inviting open floor plan with great natural light throughout. The spacious backyard offers endless possibilities—perfect for entertaining, gardening, or future expansion.

  Alexis Martz Trelora Realty

  3420 Forrester Rd, Memphis, TN 38109
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  /5

  $104,900

  • 4 Beds
  • 2 Baths
  • 1,350 Sq Ft

  173 Hayden Place, Memphis, TN 38111

  Discover the perfect blend of potential and comfort in this spacious duplex, ideal for homeowners or investors. Prime Location in Binghampton area has seen revitalization efforts in recent years, with community development projects and new businesses emerging. Conveniently situated near schools, shopping, and major transit routes. Modern improvements in key areas, including refreshed flooring,

  Barry Less Leco Realty, Inc.

  173 Hayden Place, Memphis, TN 38111
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  /2

  $6,000

  • Land
  • 0.09 Acre
  • $66,667 per Acre

  499 E Waldorf Ave, Memphis, TN 38106

  Perfect level lot for Single Family Residence

  Mae Moore Grand Point Realty, LLC

  499 E Waldorf Ave, Memphis, TN 38106
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  /2

  $4,000

  • Land
  • 0.11 Acre
  • $36,364 per Acre

  2010 Amity Ave, Memphis, TN 38108

  Vacant lot, on which to build your next home, in established neighborhood.

  Rebecca Edwards Keller Williams

  2010 Amity Ave, Memphis, TN 38108
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  /9

  $109,900

  • 3 Beds
  • 4.5 Baths
  • 1,000+ Sq Ft

  1640 Portland Ave, Memphis, TN 38127

  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 blind offers and no wholesaler or assignment of contract offers will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  1640 Portland Ave, Memphis, TN 38127
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  /14

  $79,900

  • 3 Beds
  • 1.5 Baths
  • 1,304 Sq Ft

  275 Flynn Rd, Memphis, TN 38109

  great investment property being sold in current "as is " condition with no repairs being done....Home is located in Waler Homes just off Old Horn Lake, offering 3 bedrooms and 1.5 bath. There is a living room, dining area, large den and a separate laundry room. This home sits on nice size corner lot with double carport with ample storage.

  Ben Strauch Skyline Realty

  275 Flynn Rd, Memphis, TN 38109
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  /2

  $75,000

  • Land
  • 0.16 Acre
  • $468,750 per Acre

  743 E Pontotoc Ave, Memphis, TN 38126

  This listing is for 2 home lots. 743 E Pontotoc Ave is just one of the 2 lots. Zoning is RU-4 on these lots. Buyer can building single family homes or possibly combine lots to build Multifamily. Call agent to get a flyer with a detailed map of the lots.Total Acreage of the 2 lots is .31 acres. We have 23 other lots in the immediate area offered in various group sizes.

  Chris Garland Crye-Leike, Inc., REALTORS

  743 E Pontotoc Ave, Memphis, TN 38126
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  /10

  $65,000

  • 2 Beds
  • 1 Bath
  • 675 Sq Ft

  862 Mosby Ave, Memphis, TN 38105

  Investor Alert: High-Potential Brick Shell in Medical District Attention serious investors - this 2-bedroom, 1-bath brick home offers a premier location-driven opportunity near I-40 and the Le Bonheur Children’s Hospital medical district. The property requires a full rehab and is being sold strictly Cash Only and As-Is, with no warranties provided. No assignments or wholesale inquiries. Once

  Tjuania Redmond Lawrence Johnson, REALTORS

  862 Mosby Ave, Memphis, TN 38105
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  /2

  $5,000

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

  1318 James St, Memphis, TN 38106

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

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1318 James St, Memphis, TN 38106
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  /2

  $60,000

  • Land
  • 0.19 Acre
  • $315,789 per Acre

  2811 Frayser Blvd, Memphis, TN 38127

  Location Location Location! Suitable for many uses. Not far from Nika and Amazon. Don't miss out on this opportunity! **SCHEDULE YOUR PRIVATE SHOWING TODAY! BRING ALL OFFERS!!!** Other available lots 2777 Frayser Blvd. Parcel: 072107-00068 and 2793 Frayser Blvd. Parcel: 072107-00066

  Timika Montes de Oca Adaro Realty, Inc.

  2811 Frayser Blvd, Memphis, TN 38127
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  /2

  $4,250

  • Land
  • 0.08 Acre
  • $53,125 per Acre

  927 Crockett Place, Memphis, TN 38107

  UPTOWN LOT Ready to go!! Nice and flat with utilities at the road ready to build. Lots of new developments and property improvements going on in this area. Less than 10 minutes from downtown and convenient to I-40. Swing by anytime and take a look!

  Brad Beall Crye-Leike, Inc., REALTORS

  927 Crockett Place, Memphis, TN 38107
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  /2

  $124,900

  • 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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  /3

  $35,000

  • 2 Beds
  • 1 Bath
  • 700 Sq Ft

  123 W Frank Ave, Memphis, TN 38109

  2BR/1BA Investment Opportunity! This AS-IS property features a brand-new roof, providing a strong start for your next rehab project. The interior needs a full renovation, offering the perfect blank slate to add value and customize finishes. Ideal for investors or contractors looking to capitalize on a solid structure. Rental comps in the area average around $800 p/mo.

  James Johnson Crestcore Realty, LLC

  123 W Frank Ave, Memphis, TN 38109
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  /29

  $145,000

  • 3 Beds
  • 2 Baths
  • 1,728 Sq Ft

  5064 Knight Arnold Rd, Memphis, TN 38118

  Check out this solid two story, 3 bedroom, 2 bath home that has been in the same family for over 50 years. This is not a flip, it is a true opportunity. The home has great bones and no major issues known, making it the perfect canvas to turn into your dream home. Enjoy a fully fenced yard and peace of mind with new windows installed just two years ago. If you have vision and want a home with

  Tina Andrade Fast Track Realty, LLC

  5064 Knight Arnold Rd, Memphis, TN 38118
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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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  /15

  $73,000

  • 3 Beds
  • 1.5 Baths
  • 1,127 Sq Ft

  5075 Bowdoin Dr, Memphis, TN 38127

  3-bedroom, 1.5-bath home with a large great room, fireplace, carport, and fenced yard. Brick and vinyl exterior. Good value for the price; needs some TLC.

  Haider Tiwana KAIZEN Realty, LLC

  5075 Bowdoin Dr, Memphis, TN 38127
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  /6

  $134,900

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  4064 Reed Ave, Memphis, TN 38108

  Investors only! This property could be a great addition to your investment portfolio. Property is professionally managed. No sign. No wholesalers, no assignments, no creative financing, no owner financing, no blind offers! Cash or conventional offers only! DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Owner/Agent

  James Wachob Foundation Property Management

  4064 Reed Ave, Memphis, TN 38108
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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). Can buy in bulk or individually. Make all offers contingent on interior access (no showings until an accepted offer). No sign in the yard. Please do not disturb or

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3483 Julia St, Memphis, TN 38127
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  /4

  $39,900

  • 2 Beds
  • 1 Bath
  • 790 Sq Ft

  2002 Cloverdale Dr, Memphis, TN 38114

  Opportunity awaits at this house for investors, renovators, or buyers looking for a full rehab project. This property is being sold as-is and requires significant repairs and updating throughout, including interior finishes and mechanical systems. The home features a functional layout and sits on a spacious lot in an established neighborhood, offering strong potential for a renovation or

  Gregory Griffin Franchise Realty, LLC

  2002 Cloverdale Dr, Memphis, TN 38114
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  /4

  $25,000

  • 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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  /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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  /3

  $47,000

  • 2 Beds
  • 1 Bath
  • 1,272 Sq Ft

  1250 S Orleans St, Memphis, TN 38106

  Charming 2BR/1BA home in South Memphis, just minutes from Stax and the heart of Soulsville. Built in 1943, this property features hardwood flooring, a separate living room, dining area, and a welcoming front porch. Some rehab has already been completed, offering a head start for investors or homeowners looking to add personal touches. Situated on a 4,356 sq ft lot with 36x131.75 dimensions, this

  Curtis Bleeker KAIZEN Realty, LLC

  1250 S Orleans St, Memphis, TN 38106
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  /13

  $124,900

  • 3 Beds
  • 1 Bath
  • 1,284 Sq Ft

  5140 N Circle Rd, Memphis, TN 38127

  Great recent rehab done a couple of years ago. Tenant occupied currently rented for $1095 a month until 3/26. Pictures are after rehab and before tenant. Great turn key rental with tenant already in place.

  Joe King Marathon REALTORS, LLC

  5140 N Circle 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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  /19

  $139,000

  • 3 Beds
  • 2 Baths
  • 1,282 Sq Ft

  2967 Meadowfair Rd, Memphis, TN 38118

  Calling all renovators, investors and visionaries! This 3-bedroom, 2-bath home is packed with potential and ready for its next chapter. With solid bones, a functional layout it offers the perfect canvas to bring your design ideas to life. If you’re looking for a rewarding fixer-upper opportunity, this is the one. A little vision and TLC will go a long way!

  Samantha Ward Fast Track Realty, LLC

  2967 Meadowfair Rd, Memphis, TN 38118
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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

Showing Results 601 - 640, Page 16 of 18