1,521

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

Section Image
  • /13

    $99,000

    • 4 Beds
    • 2 Baths
    • 1,227 Sq Ft

    3569 Russelwood Dr, Memphis, TN 38128

    4 bedroom, 2 bath home offers a functional layout with lots of potential. Whether you're a owner occupant ready to add a few splashes and personal touches to make this home your own or a investor looking for your next opportunity, this property presents great possibilities! This home is being sold in as is condition.

    Fredrick Cunningham Keller Williams

    3569 Russelwood Dr, Memphis, TN 38128
  • /17

    $84,999

    • 3 Beds
    • 1 Bath
    • 819 Sq Ft

    1688 Pendleton St, Memphis, TN 38114

    Wonderful 2 bedroom one bathroom home that has several recent upgrades and wonderful features including: exposed brick wall, updated kitchen, downstairs basement, painted wood exterior, large side porch, big backyard, etc. This home has a huge upstairs that could be a bonus room or extra storage area. ONLINE VIDEO AVAILABLE. Utilities are currently on and immediate possession is available. Seller

    Tyler Tapley Crye-Leike, Inc., REALTORS

    1688 Pendleton St, Memphis, TN 38114
  • /15

    $129,000

    • 3 Beds
    • 1 Bath
    • 1,220 Sq Ft

    3491 Hallbrook St, Memphis, TN 38127

    Beautiful home for first time home buyers. New windows, interior doors, new tile flooring, some hardwood floors, updated bathroom, updated kitchen, new patio, freshly painted interior and exterior. very large backyard great for family gatherings.

    Michelle Batts KAIZEN Realty, LLC

    3491 Hallbrook St, Memphis, TN 38127
  • /9

    $18,000

    • Land
    • 7,405 Sq Ft
    • $105,882 per Acre

    1539 Marjorie St, Memphis, TN 38106

    Discover the perfect opportunity to build your dream home or investment property. This lot offers convenient access to existing plumbing and electricity, saving you time and money during development. The property provides easy access to major roads, schools, and local amenities—ideal for both homeowners and builders.

    Danielle Adkins Harris Realty Services

    1539 Marjorie St, Memphis, TN 38106
  • /35

    $49,800

    • 3 Beds
    • 2 Baths
    • 1,138 Sq Ft

    5091 Clinton Rd, Memphis, TN 38109

    Great value-add opportunity in the Coro Lake neighborhood, located right next to new construction with strong upside potential. This 3-bedroom, 2-bath property requires a medium to heavy rehab, including a new roof, siding, carpet, paint, and updated electrical wiring. The water heater and AC are approximately 10 years old. Ideal for experienced investors looking to renovate and capitalize on

    Henry Pineda Fast Track Realty, LLC

    5091 Clinton Rd, Memphis, TN 38109
  • /31

    $94,900

    • 3 Beds
    • 1 Bath
    • 1,092 Sq Ft

    608 Northaven Dr, Memphis, TN 38127

    This classic 1,092 sqft brick residence, built in 1971, offers a functional 3-bedroom, 1-bathroom layout in the Northaven community. The interior features original hardwood flooring throughout the main living areas and bedrooms, providing a timeless and durable finish. The home includes a dedicated driveway for convenient off-street parking. The exterior space is a highlight, featuring a large

    Alexis Martz Trelora Realty

    608 Northaven Dr, Memphis, TN 38127
  • /28

    $134,000

    • 2 Beds
    • 1.5 Baths
    • 1,088 Sq Ft

    5718 Quince Rd Unit 10, Memphis, TN 38119

    Move-in ready & beautifully updated 2 BR, 1.5 BA condo in the heart of East Memphis! Fresh paint throughout, NEW Scotch guard carpet w/premium pad, & LVT flooring in kitchen & upstairs bath. Kitchen features NEW Bosch whisper-quiet dishwasher, side-by-side fridge w/ ice & water, cooktop oven, & NEW high-capacity water heater. NEW high-efficiency HVAC system (compressor & furnace), NEW window

    Tracie Benetz Emmett Baird Realty, LLC

    5718 Quince Rd Unit 10, Memphis, TN 38119
  • /2

    $107,500 Coming Soon

    • 3 Beds
    • 1 Bath
    • 1,390 Sq Ft

    1251 Lamar Ave, Memphis, TN 38104

    Make this home your project. Complete rehab needed. AS-IS

    Andre Pruitt TRG Real Estate Services LLC

    1251 Lamar Ave, Memphis, TN 38104
  • /21

    $54,990

    • 2 Beds
    • 1.5 Baths
    • 800+ Sq Ft

    3764 Cambridge Station Dr Unit 7, Memphis, TN 38115

    Nice, beatutiful and well kept 2bedroom 2bathroom townhome in Cambridge Condominium. Brand new window air conditioners installed (2026),brand new refrigerator (2026) with 4 years warranty and a nice size backyard for bbq's and nice gatherings. Unit is freshly painted and kitchen cabinets had been renewed. Low taxes and low HOA dues

    Jonathan Minerick homecoin.com

    3764 Cambridge Station Dr Unit 7, Memphis, TN 38115
  • /14

    $15,000

    • 2 Beds
    • 1 Bath
    • 1,056 Sq Ft

    1353 Mcmillan St, Memphis, TN 38106

    Seller started the renovations but decided to sell it now due to other projects. New roof, new duct work, new windows, new floor beams. Seller also has new furnace that he will provide the new buyer and all the sheetrock stays with the house.

    Keino Spring Harris & Harris Realty Group

    1353 Mcmillan St, Memphis, TN 38106
  • /9

    $130,000

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

    5207 Breckenwood Dr, Memphis, TN 38127

    FHA & VA Approved- ONE YEAR BUILDER WARRANTY. TENANT PLACEMENT and Property management available for Investors- MHA RENT $1500.- 3 BR 1.5 Bath home fully renovated- new roof, exterior paint, bathrooms and kitchen, new condenser, new furnace, hot water heater, lighting, and fixtures. No owner finance or wholesalers. Home is currently vacant- contact Brett Bernard for showings.

    Brett Bernard The Stamps Real Estate Company

    5207 Breckenwood Dr, Memphis, TN 38127
  • /14

    $69,900

    • 2 Beds
    • 1 Bath
    • 936 Sq Ft

    689 Baltimore St, Memphis, TN 38114

    Excellent investment opportunity in Orange Mound. Seller just did a rent ready.

    Caleb Parr Renshaw Company, REALTORS

    689 Baltimore St, Memphis, TN 38114
  • /12

    $59,900

    • 2 Beds
    • 1 Bath
    • 1,110 Sq Ft

    1338 Dunnavant St, Memphis, TN 38106

    Charming 2bed 1bath home with a good floorplan, large fenced yard, located minutes away from multiple parks and the interstate. This can be a great Primary residence or investment property. Home is located on a quiet street. Offered at an excellent price. Many homes in this area are being rehabbed and sold for more money. ONLINE VIDEO AVALABLE ON REQUEST. CASH OFFERS ONLY. Please do all

    Tyler Tapley Crye-Leike, Inc., REALTORS

    1338 Dunnavant St, Memphis, TN 38106
  • /2

    $36,000

    • 4 Beds
    • 1 Bath
    • 1,148 Sq Ft

    2331 Staten Ave, Memphis, TN 38108

    4 bedrooms 1 bath, need complete renovation

    Christine Abston REMAX Experts

    2331 Staten Ave, Memphis, TN 38108
  • /15

    $79,900

    • 3 Beds
    • 2 Baths
    • 1,088 Sq Ft

    2743 Woodlawn Terrace, Memphis, TN 38127

    Move in ready! 3 Bedroom 2 bath home with updated Kitchen and baths! Laminate floors thru out. Private Shaded large lot. Ready to add to your portfolio~~ will not go FHA.

    Scott Housewirth Crye-Leike Inc., REALTORS

    2743 Woodlawn Terrace, Memphis, TN 38127
  • /2

    $29,999

    • Land
    • 5,662 Sq Ft
    • $230,762 per Acre

    307 Leath St, Memphis, TN 38105

    A Great Investment Opportunity. If you're looking for your next project this is it. Downtown location near the medical district with lots of opportunity. In the center of everything you would need. The opportunities currently in downtown consist of downtown revitalization, historic renovations, and the potential for high-yield, residential, or commercial projects in a business-friendly area. TN

    Lisa Nelson Exit Wise Master-Builders Real

    307 Leath St, Memphis, TN 38105
  • /8

    $120,500

    • 2 Beds
    • 2 Baths
    • 1,092 Sq Ft

    706 Lester St, Memphis, TN 38112

    Turnkey rental in Binghampton ready to be added to your portfolio! 1br units each side, one side leased for $599 from 02/2026-02/2027 and other side $600 from 03/2026-03/2027! Minutes away from Overton Park, tons of shopping, dining and amenities along Summer and Broad Ave, also easy access to I-40. Please don’t disturb tenants and make all offers contingent upon inspection.

    Duane Kinnard Tri-Leake Realty

    706 Lester St, Memphis, TN 38112
  • /30

    $124,900

    • 4 Beds
    • 1.5 Baths
    • 1,044 Sq Ft

    3860 Castleman St, Memphis, TN 38118

    This lovely 4-bedroom, 1.5 -bath ranch-style home greets you with a large front yard and inviting curb appeal. Inside, you'll find a comfortable layout ideal for everyday living. Perfect for first-time buyers or anyone seeking single-story convenience, this home blends comfort, charm, and modern touches.

    Alexis Martz Trelora Realty

    3860 Castleman St, Memphis, TN 38118
  • /2

    $48,500

    • 3 Beds
    • 1 Bath
    • 936 Sq Ft

    1366 Eloise Rd, Memphis, TN 38106

    This vacant property is ready for a new owner and a renovation. This is a great investment opportunity in a prime area for growth. This property is ready for a new owner to realize it's full potential. Call for a private showing!

    Joshua Cooper Sowell, Realtors

    1366 Eloise Rd, Memphis, TN 38106
  • /17

    $45,000

    • 4 Beds
    • 2.5 Baths
    • 2,290 Sq Ft

    1490 Lockhaven Ave, Memphis, TN 38106

    "Online auction only" 4-bedroom 2.5 bathrooms brick exterior on dead end street. large parking pad. Great investment property to add to your portfolio

    Ed Engelke United Real Estate Mid South

    1490 Lockhaven Ave, Memphis, TN 38106
  • /10

    $105,000

    • 3 Beds
    • 2 Baths
    • 1,340 Sq Ft

    2888 Mercer Dr, Memphis, TN 38127

    Property is being sold in an as is condition, and the condition is unknown and may include defects, possible health or safety hazards, or debris, or be located in a Special Flood Hazard Area. Proof of Funds Required. The seller requires that the high bidder be able to demonstrate proof of funds or financing pre-qualification within 24 hours of the auction. Buyer must obtain a pre-qualification

    JERRY EMERSON KING Williams & Williams Real Estate Auctions

    2888 Mercer Dr, Memphis, TN 38127
  • /15

    $75,000

    • 3 Beds
    • 1 Bath
    • 780 Sq Ft

    931 Calvin Rd, Memphis, TN 38109

    Welcome to 931 Calvin Rd! This beautifully renovated home is move-in ready and perfect for a first-time buyer or savvy investor. Step inside to find fresh updates throughout, including new flooring, modern fixtures, and a bright, open layout that makes every space feel inviting. The kitchen has been updated with sleek finishes, offering plenty of cabinet and counter space for everyday living.

    Eric Crutcher Doorstep Realty

    931 Calvin Rd, Memphis, TN 38109
  • /2

    $4,000

    • Land
    • 17,424 Sq Ft
    • $10,000 per Acre

    2955 Northgate St, Memphis, TN 38127

    This is a bulk package of 3 parcels to be sold together only. 883 Whitney Parcel ID# 069024 00002 and 877 Whitney Parcel ID# 069024 0000, and 2955 Northgate St Parcel ID# 069021 00006

    Michelle Shelton The Peyton Co., Inc., REALTORS

    2955 Northgate St, Memphis, TN 38127
  • /37

    $79,900

    • 3 Beds
    • 1 Bath
    • 960 Sq Ft

    4118 Westmont Rd, Memphis, TN 38109

    This 960-square-foot brick residence in the Westmont subdivision features a traditional 3-bedroom, 1-bathroom layout. Built in 1965, the interior is finished with original hardwood flooring throughout the living areas and bedrooms. The kitchen includes durable tile flooring and dedicated washer and dryer connections for added convenience. A wrought iron security screen door provides an extra

    Alexis Martz Trelora Realty

    4118 Westmont Rd, Memphis, TN 38109
  • /2

    $9,000

    • Land
    • 7,405 Sq Ft
    • $52,941 per Acre

    1612 Winston Dr, Memphis, TN 38127

    ?? Build Your Dream Home on This Prime Vacant Lot! ?? ?? Location: Subdivision ANS, Winston Dr ?? Lot Size: 7,800 SQ FT (Approx. 65.39 ft x 60 ft x 142 ft x 116 ft) ?? Total Acres: 0.179 This beautiful, ready-to-build lot is waiting for you! With 7,800 square feet, you'll have plenty of space to create your perfect home or investment property. Nestled in the desirable ANS Subdivision on Winston

    Jerry Harris TRG Real Estate Services, LLC

    1612 Winston Dr, Memphis, TN 38127
  • /40

    $109,900

    • 3 Beds
    • 1 Bath
    • 1,186 Sq Ft

    3845 Tessland Rd, Memphis, TN 38128

    Raleigh Brick Ranch! 3BR/2BA move-in ready home featuring ~1,200 sq. ft. of clean, functional living space. Highlights include a spacious eat-in kitchen, central HVAC, and a level, fully fenced backyard. Prime location near schools and easy highway access. No HOA—perfect for homeowners or investors!

    Tiffany Jones Trelora Realty

    3845 Tessland Rd, Memphis, TN 38128
  • /2

    $37,000

    • Land
    • 5,227 Sq Ft
    • $308,333 per Acre

    640 E Pontotoc Ave, Memphis, TN 38126

    Great Vacant Home lot to build new construction for sale or for rent. Lot is 43x128. We have 24 other lots available on this street as well for sale in smaller groups or buy them all.

    Chris Garland Crye-Leike, Inc., REALTORS

    640 E Pontotoc Ave, Memphis, TN 38126
  • /13

    $144,900

    • 3 Beds
    • 2.5 Baths
    • 1,574 Sq Ft

    443 N Highland St Unit 2, Memphis, TN 38122

    Discover a great opportunity in East Memphis. This 3 bedroom, 2.5 bath unit at 443 Highland St Apt 2 is being sold as-is and is ready for your updates and personal touch. Located within 10 minutes from the Liberty Bowl, U of M, and Cooper-Young, this property offers unbeatable convenience. Perfect for anyone looking to add instant equity. Don’t miss it!

    Joshua Moss KAIZEN Realty, LLC

    443 N Highland St Unit 2, Memphis, TN 38122
  • /2

    $20,000

    • Land
    • 4,791 Sq Ft
    • $181,818 per Acre

    935 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

    935 Tully St, Memphis, TN 38107
  • /2

    $80,000

    • 2 Beds
    • 1 Bath
    • 744 Sq Ft

    486 Sanford Rd, Memphis, TN 38109

    INVESTOR SPECIAL – Turnkey Rental Opportunity In Whitehaven! Great income-producing property with tenant in place paying $800/month. Major updates completed within the last few years, including a new roof, windows, kitchen, bathroom, and flooring - minimizing immediate capital expenses. This is a solid addition to any rental portfolio.

    Houston Richmond C21 Patterson & Assoc. Real Es

    486 Sanford Rd, Memphis, TN 38109
  • /11

    $118,000

    • 4 Beds
    • 1.5 Baths
    • 1,481 Sq Ft

    556 Melton Ave, Memphis, TN 38109

    Welcome to 556 Melton Avenue, a spacious 4-bedroom, 1.5-bath home offering comfort and functionality. The property features hardwood and tile flooring throughout, central heat and air with climate control, and window coverings. The kitchen includes a vent hood with space for appliances, and the home also offers a fenced yard for outdoor enjoyment. Don’t miss out! TENANTED PROPERTY: DO NOT

    James Wachob Foundation Property Management

    556 Melton Ave, Memphis, TN 38109
  • /3

    $32,000

    • 4 Beds
    • 1 Bath
    • 1,398 Sq Ft

    1311 Englewood St, Memphis, TN 38106

    Priced to sell. Sold as-is. 4-bedroom home with a bonus room. Seller started renovations but did not finish; repairs needed. Will not qualify for FHA or VA financing.

    Virgil Pryor Harris Realty Services

    1311 Englewood St, Memphis, TN 38106
  • /2

    $10,000

    • Land
    • 7,840 Sq Ft
    • $55,556 per Acre

    0 Clifton Ave, Memphis, TN 38127

    Excellent opportunity for investors or builders to develop on this Memphis lot. Ideal for a new construction rental or resale property, with a convenient location close to everyday amenities and easy access to major highways.

    Crystal Mitchell Renshaw Company, REALTORS

    0 Clifton Ave, Memphis, TN 38127
  • /32

    $99,900

    • 3 Beds
    • 1 Bath
    • 1,102 Sq Ft

    3325 Cedar Springs Dr, Memphis, TN 38128

    Welcome to 3325 Cedar Springs Dr in Memphis! This beautiful brick ranch-style single-family home offers wonderful curb appeal and an attached carport, all situated on a spacious lot with a fenced yard. The large backyard includes a concrete pad that’s perfect for creating a grill or outdoor dining space, with plenty of additional room for a garden, a swing set, or both. A front flowerbed is ready

    Christopher Stjernholm Trelora Realty

    3325 Cedar Springs Dr, Memphis, TN 38128
  • /15

    $69,900

    • 3 Beds
    • 2 Baths
    • 1,796 Sq Ft

    4440 Coleman Rd, Memphis, TN 38128

    True investment opportunity with high upside. This manufactured home in Memphis is for investors looking at a value-add project with strong potential. The home needs work, but the numbers make sense for a renovation project or rental portfolio addition. Features a spacious layout, a functional interior flow, and easy access to nearby amenities and services. Sold AS IS

    Jennifer Clark Tiger Realty

    4440 Coleman Rd, Memphis, TN 38128
  • /5

    $99,900

    • 3 Beds
    • 1 Bath
    • 860 Sq Ft

    827 Par Ave, Memphis, TN 38127

    INVESTORS ONLY!!! Lovely 3bed 1 bath home currently rented at $950/mo. This could be a great addition to your portfolio. Home was substantially rehabbed in 2022. Roof, A/C, and water heater should all be less than 10 years old. No sign in the yard. Please do not disturb or approach the tenant. Professionally managed --- Leases, ledgers repair history available upon request. NO SHOWINGS WITHOUT AN

    Tyler Tapley Crye-Leike, Inc., REALTORS

    827 Par Ave, Memphis, TN 38127
  • /15

    $109,900

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

    810 Northaven Dr, Memphis, TN 38127

    Great Investment Property! County Taxes Only! Professionally Managed! Investors only, tenant occupied don't disturb tenants.Pictures are before tenant moved in. 3bd/1bath renovated in 2022 with new tile floors, updated bathroom, new cabinets & countertops in kitchen, and fenced corner lot. Currently rented at $1050 and tenant in lease until 8/2026. Could be a great investment to your portfolio or

    Monica Bynum Crye-Leike, Inc., REALTORS

    810 Northaven Dr, Memphis, TN 38127
  • /22

    $104,400

    • 3 Beds
    • 2.5 Baths
    • 1,876 Sq Ft

    3654 Haughton Ln Unit 2, Memphis, TN 38128

    "Investors Only." Don't miss out on the hidden gem. 3 bedroom 2.5 bath Condo that has been pampered. New flooring thru out this spacious condo. It has a living room with a wet bar and a wood burning fire place. Separate dining area and also a den. Right off the kitchen is a bar counter top to sit and chill. Updated bathrooms. New windows, new patio doors, new flooring, new light fixtures and

    Mark Logan Harris Realty Services

    3654 Haughton Ln Unit 2, Memphis, TN 38128
  • /34

    $84,900

    • 3 Beds
    • 1.5 Baths
    • 1,166 Sq Ft

    3434 Seaforth Dr, Memphis, TN 38127

    Welcome to this inviting 3-bedroom, 1.5-bathroom ranch in the established Range Hills community. This home offers a thoughtful layout featuring durable hardwoods throughout the main living areas, classic tile in the kitchen, and cozy carpeting in the bedrooms. The heart of the home is the open kitchen and dining combination, which conveniently leads to a dedicated 8x6 laundry room—providing extra

    Christopher Stjernholm Trelora Realty

    3434 Seaforth Dr, Memphis, TN 38127
  • /6

    $9,900

    • Land
    • 7,405 Sq Ft
    • $58,235 per Acre

    66 E Gage Ave, Memphis, TN 38109

    Vacant residential corner lot at E Gage Ave and Shelby St in South Memphis. Approx. 50 X 150 lot, about 7,500 sq ft, Lot 24 Block 16, South Memphis Land Co Westside Subdivision. Frontage on E Gage Ave in an established residential area.

    Christine Eisenberg Continental Real Estate Group

    66 E Gage Ave, Memphis, TN 38109

Showing Results 601 - 640, Page 16 of 18

How to Buy a Home How to Finance a Home How to Sell a Home