1,235

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

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  • /2

    $7,800

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

    260 W Mckellar Ave, Memphis, TN 38109

    Residential lot available. Could make a great site for a home or community garden. 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. Seller will only accept cash offers.

    Tyler Tapley Crye-Leike, Inc., REALTORS

    260 W Mckellar Ave, Memphis, TN 38109
  • /2

    $16,900

    • Land
    • 0.11 Acre
    • $153,636 per Acre

    0 Dunnavant St Unit 10199375, Memphis, TN 38106

    Great build site! Support new construction in this area. Buyer to verify all utilities and perform any and all due diligence. Selling AS-IS / WHERE IS

    Dawn Kinard Welch Realty, LLC

    0 Dunnavant St Unit 10199375, Memphis, TN 38106
  • /6

    $100,000

    • 3 Beds
    • 1.5 Baths
    • 1,501 Sq Ft

    3935 N Trezevant St, Memphis, TN 38127

    This well-located single-family home in the established Frayser area offers a solid opportunity for homeowners or investors seeking space, character, and potential. Situated on a generous lot in the Brookmeade Gardens subdivision, the property is vacant and ready for immediate possession. A spacious floor plan with a functional layout. One fireplace that adds warmth and character. Quiet

    Juliette Moore Crye-Leike, Inc., REALTORS

    3935 N Trezevant St, Memphis, TN 38127
  • /2

    $75,000

    • 3 Beds
    • 2.5 Baths
    • 1,526 Sq Ft

    6443 Kirby Trees Place, Memphis, TN 38115

    This is part of a five condo deal (3336, 3338, 3344, 6443 Kirby Trees and 5211 Flowering Peach) for $375,000.00. Units may be sold individually for $75,000.00 Unit is occupied at $1,450.00 per month. Priced to SELL!!!!!

    Frank Colvett REMAX Experts

    6443 Kirby Trees Place, Memphis, TN 38115
  • /18

    $109,950

    • 3 Beds
    • 2.5 Baths
    • 1,400+ Sq Ft

    3388 Lord Dunmore Cove, Memphis, TN 38134

    Well maintained 3 bed/2.5 bath condo in Bartlett! Pretty wood laminate floor in living areas ~ Main bedroom offers walk-in closet & full bath. Full hallbath. Huge attic space with attic pulldown. Private fenced patio.

    KC Lam Cordova Realty, Inc.

    3388 Lord Dunmore Cove, Memphis, TN 38134
  • /2

    $6,500

    • Land
    • 0.09 Acre
    • $72,222 per Acre

    1414 Nicholas St, Memphis, TN 38107

    With affordable prices, prime location near downtown, and a neighborhood full of history + growth potential, this slice of heaven is the perfect spot to design your future from the ground up. pc# 039018 00024 Midtown is leveling up! A $310M project from Mississippi Boulevard Christian Church + Meharry Medical College is coming soon.

    Karen Walker Epique Realty

    1414 Nicholas St, Memphis, TN 38107
  • /2

    $44,900

    • Land
    • 0.13 Acre
    • $345,385 per Acre

    1789 Euclid Ave, Memphis, TN 38114

    This Lot is one block west of Mclean. it is 60 feet wide and could accommodate 2 new homes. Lot is level, all utilities are at the street. Seller is a Licensed Real Estate Agent.

    Chris Garland Crye-Leike, Inc., REALTORS

    1789 Euclid Ave, Memphis, TN 38114
  • /2

    $5,000

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

    0 James St, Memphis, TN 38106

    Seller also selling 1318 James (Parcel ID: 026028 00021) 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

    0 James St, Memphis, TN 38106
  • /5

    $100,000

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

    2220 Hillside Ave, Memphis, TN 38127

    Updated 3BR/1BA Investment Gem in Frayser! Quiet street, solid cash flow, and major upgrades: electrical, plumbing, HVAC, roof, and driveway. Features tile shower, spacious bedrooms, and central heat/air. Lot spans 0.36 acres with driveway pad. Ideal for investors or first-time buyers. Part of a 4-property package deal: • 1660 S Wellington St – $79,000 • 1823 Cedarhurst Ave – $83,000 • 2607

    Curtis Bleeker KAIZEN Realty, LLC

    2220 Hillside Ave, Memphis, TN 38127
  • /2

    $110,000

    • 3 Beds
    • 1.5 Baths
    • 1,187 Sq Ft

    3566 Ladue St, Memphis, TN 38127

    This property is ready. Hardwood throughout, upgraded units, heating and air and roof. 3 bedrooms and 1.5 baths. Don’t miss this next opportunity to live in established brick home with large picture window, large backyard and shed.

    Marceline Williams LPT Realty, LLC

    3566 Ladue St, Memphis, TN 38127
  • /38

    $130,000

    • 2 Beds
    • 2 Baths
    • 1,234 Sq Ft

    1960 N Parkway Unit 901, Memphis, TN 38112

    Don’t miss this rare corner unit in the Historic Parkway House Condominiums at 1960 N. Parkway. Perched on the 9th floor, Unit 901 (can't get much more Memphis than that) is filled with natural light and offers spectacular panoramic views of Memphis and its lush tree canopy. This spacious 2-bedroom residence features concrete floors throughout, a large great room, a generous dining area, a

    Amanda Lott BHHS McLemore & Co., Realty

    1960 N Parkway Unit 901, Memphis, TN 38112
  • /2

    $5,000

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

    1301 Englewood St, Memphis, TN 38106

    Ready to Build Don’t miss this prime residential lot at 1301 Englewood the perfect spot for your dream home or your next investment property. This lot offers great potential in a growing area, giving you the opportunity to design and build exactly what you need.

    Jonathan Minerick homecoin.com

    1301 Englewood St, Memphis, TN 38106
  • /3

    $140,000

    • 3 Beds
    • 2 Baths
    • 1,171 Sq Ft

    4572 Summer Creek Cove, Memphis, TN 38141

    Income producing investment property currently tenant-occupied, month-to-month, bringing 1005.00 per month in rent. Great addition to any portfolio! No showings without an accepted offer.

    Flor Bernal Crye-Leike, Inc., REALTORS

    4572 Summer Creek Cove, Memphis, TN 38141
  • /22

    $144,000

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

    3788 Bishops Bridge Rd, Memphis, TN 38118

    Welcome to this 3 bed, 1 bath home featuring a great layout with a spacious eat-in kitchen, a large living room ideal for entertaining, and a generous laundry room/pantry for extra storage and convenience. The covered porch provides additional gathering space and overlooks a big backyard with a sizable storage shed. Located across the street from a school with quick access to the interstate, the

    Lawson Roberts KAIZEN Realty, LLC

    3788 Bishops Bridge Rd, Memphis, TN 38118
  • /2

    $5,500

    • Land
    • 0.07 Acre
    • $78,571 per Acre

    279 Weaver Ave, Memphis, TN 38106

    Culture, community, and a place to crash after the Grizzlies game—38106 is home with a vibe. Get your game on here. Don't let this land pass you by! pc# 035105 00004 Just miles away: Mississippi Boulevard Christian Church + Meharry Medical College launch a $310M Midtown makeover—big growth is coming!

    Karen Walker Epique Realty

    279 Weaver Ave, Memphis, TN 38106
  • /24

    $100,000

    • 2 Beds
    • 2 Baths
    • 1,204 Sq Ft

    767 Semmes St, Memphis, TN 38111

    -This property is eligible under the First Look Initiative. All Owner Occupant offers will be responded to after 7 days on the market and Investor offers will be responded to after 30 days. However, all offers can be submitted during the First Look period. -All offers must be entered through propoffers.com. -An offer management fee of $200 (plus sales tax, where applicable) is charged by Pyramid

    Chris Mosby ResiAmerica, Inc.

    767 Semmes St, Memphis, TN 38111
  • /27

    $109,000

    • 3 Beds
    • 2 Baths
    • 1,216 Sq Ft

    3646 Overton Crossing St, Memphis, TN 38127

    Nicely upkept and recently updated 3 Bed 2 Bath home perfect for owner occupants or investors looking to add to their portfolio. LVP flooring throughout, ring doorbell camera, range, washer and dryer included. Large corner lot with partially fenced yard and plenty of parking.

    Michael Valenza eXp Realty, LLC

    3646 Overton Crossing St, Memphis, TN 38127
  • /7

    $24,500

    • Land
    • 0.72 Acre
    • $34,028 per Acre

    280 Bullington Ave, Memphis, TN 38106

    Opportunity is here! 7 lots available on 1 parcel. If you're looking to develop & build in this area then look no further. Lots 6, 7, 8, 9, 10, 11, 12 and the East 5 feet of Lot 13. Location is near Stax Museum. Don't let this chance pass you by~

    Angela Cage Harris & Harris Realty Group

    280 Bullington Ave, Memphis, TN 38106
  • /15

    $85,900

    • 2 Beds
    • 1 Bath
    • 968 Sq Ft

    1349 Longcrest Rd, Memphis, TN 38109

    Cash-Flowing investment opportunity by Coro Lake in Whitehaven. Leased through October 2026! Tenant paying $900/mo. No showings without accepted offer.

    Caleb Parr Renshaw Company, REALTORS

    1349 Longcrest Rd, Memphis, TN 38109
  • /25

    $76,000

    • 3 Beds
    • 1 Bath
    • 1,200+ Sq Ft

    1823 Cedarhurst Ave, Memphis, TN 38127

    Charming 3BR/1BA Colonial in Frayser with updated laminate and vinyl flooring throughout—no carpet! This single-story home features a spacious living/dining combo, central gas heat, and a large 7,840 sq ft lot with mature trees and a 2-car driveway pad. Located near Frayser Park and local amenities. Part of a 4-property investment package: 2220 Hillside Ave ($100K), 2607 Barron Ave ($497K), and

    Curtis Bleeker KAIZEN Realty, LLC

    1823 Cedarhurst Ave, Memphis, TN 38127
  • /2

    $87,000

    • 3 Beds
    • 1 Bath
    • 980 Sq Ft

    880 Rutgers Rd, Memphis, TN 38106

    Investment Property

    James Harvey Jr Keller Williams

    880 Rutgers Rd, Memphis, TN 38106
  • /2

    $120,000

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

    497 Elmfield Cove, Memphis, TN 38127

    Home is tenant occupied. PLEASE DO NOT DISTURB THE TENANT. Please call for showing.Proof of funds and acceptable offer must be received before showing home.

    Terry White Advantage Property Management

    497 Elmfield Cove, Memphis, TN 38127
  • /12

    $100,000

    • 3 Beds
    • 1 Bath
    • 1,134 Sq Ft

    5378 Beaverton Dr, Memphis, TN 38127

    Nice 3 bedroom 1 bathroom home that was just recently rehabbed in Fall 2025 and is being offered at a great price. Home has new interior paint, new flooring, new fixtures, plus NO CITY TAXES. This could be a great primary residence or a nice long term investment property if an investor wanted to buy it and rent it. Brick exterior and roof appears to be in good shape. Nothing to do but move-in!

    Tyler Tapley Crye-Leike, Inc., REALTORS

    5378 Beaverton Dr, Memphis, TN 38127
  • /17

    $134,900

    • 3 Beds
    • 1 Bath
    • 1,059 Sq Ft

    190 E Fernwood Ave, Memphis, TN 38109

    This beautiful home has been completely updated from top to bottom! It features a new 30-year architectural roof, fresh paint inside and out, updated lighting, and beautiful commercial-grade, low-maintenance waterproof LVP flooring. The bathroom has been fully renovated with new tile, vanity, tub, mirror, and lighting. The kitchen boasts brand-new cabinets with soft-close drawers, new

    Wei Zhai eXp Realty, LLC

    190 E Fernwood Ave, Memphis, TN 38109
  • /16

    $44,900

    • 3 Beds
    • 1 Bath
    • 1,200+ Sq Ft

    177 Modder Ave, Memphis, TN 38109

    Calling all investors! HUGE PRICE DROP....Great Opportunity. This home is for sale! Needs repairs but could be worth a lot of money once fixed up. Some repairs have been completed and the electrical is currently on! Can fix it up and sell for a lot of money or keep it and live in it. Many homes in this area are being rehabbed & sold for more money! ONLINE VIDEO AVAILABLE UPON REQUEST. No

    Tyler Tapley Crye-Leike, Inc., REALTORS

    177 Modder Ave, Memphis, TN 38109
  • /2

    $115,000

    • 2 Beds
    • 1 Bath
    • 1,288 Sq Ft

    1452 Castalia St, Memphis, TN 38114

    INVESTOR SPECIAL!!! Investors are welcomed!!! Perfect for investors who want a fully renovated home to added to their portfolio!! Tenant set to move Jan 2026. Home was fully rehabbed in 2022 with numerous upgrades including new flooring throughout, new windows, updated bathroom, new fixtures, new HVAC system and new water heater. Guaranteed income with minimal maintenance needs.

    Ivana Johnson Coldwell Banker Collins-Maury

    1452 Castalia St, Memphis, TN 38114
  • /7

    $115,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    4503 Beacon Hill Dr, Memphis, TN 38127

    Welcome to 4503 Beacon Hill Drive! This tenant-occupied 3-bedroom, 1-bath home features hard surface flooring throughout, a spacious living area, and a modern kitchen with large shaker cabinets. All bedrooms are on one level, with a separate dining area and central heat and air for year-round comfort. Enjoy a large fenced backyard and a driveway pad for off-street parking. Perfect for a first

    James Wachob Foundation Property Management

    4503 Beacon Hill Dr, Memphis, TN 38127
  • /12

    $65,000

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft

    1577 Alta Vista Ave, Memphis, TN 38127

    This 2-bedroom, 1-bath home sits on a spacious .40-acre lot and offers great potential as an investment property. The home is in need of repairs and updates but provides a solid opportunity for renovation or rental income. With ample outdoor space, there is room for expansion, gardening, or creating a private outdoor retreat. Perfect for investors or buyers looking for a project, this property

    Gabrielle Rowe eXp Realty, LLC

    1577 Alta Vista Ave, Memphis, TN 38127
  • /15

    $87,500

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    3230 Ardmore St, Memphis, TN 38127

    Investor special! This is an AS-IS only offering. Seller will not make repairs. No wholesale / assignment contracts will be considered. Priced to sell!!

    Jamie Green River City Land Co., LLC

    3230 Ardmore St, Memphis, TN 38127
  • /14

    $72,800

    • 3 Beds
    • 1 Bath
    • 1,414 Sq Ft

    1621 Kendale Ave, Memphis, TN 38106

    This is an as-is sale. Repairs are not negotiable. Seller prefers all cash offers with no contingencies, but will consider all offers presented. Seller will review offers December 24. Property will not qualify for FHA or VA financing in current condition. Property requires interior and exterior repairs.

    Matthew Ford The Carter Group LLC, REALTORS

    1621 Kendale Ave, Memphis, TN 38106
  • /31

    $116,500

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

    3245 Sinclair St, Memphis, TN 38127

    Investment opportunity. Tenant occupied property available for sale. Investors only. Brick home with three bedrooms, one and a half baths and covered parking on a quiet street. Professionally managed, lease and ledger available upon request. Currently rented for $1095/mo. Seller is also has 449 Fernwood, 1675 Haywood, 1247 Vistaview, (can buy these homes in bulk or individually). Property was

    Tyler Tapley Crye-Leike, Inc., REALTORS

    3245 Sinclair St, Memphis, TN 38127
  • /14

    $49,670

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

    1264 Mississippi Blvd, Memphis, TN 38106

    THIS IS A RESIDENTIAL HOME, THAT'S IN A COMMERCIAL AREA, 3 BD.RM, 1 BA., SEP. LIV. RM, KIT, AND LAUNDRY RM. WITH PREMINANT STAIRS LEADING UP TO EXPANDABLE AREA IN ATTIC IT ALSO HAS A BASEMENT FOR YOUR USE. IT GIVES YOU ALL TYPES OF POSSIBILITIES AND POTENTIALS. LOCATED AROUND BEAUTY SHOPS, YMCA, FUNERAL HOME, APPROX. 1 BLOCK FROM 4 WAY GRILL & STAX RECORDING STIDIO JUST USE YOUR AMAGINATION,

    Helen Jackson Good Shepherds Realty & Invest

    1264 Mississippi Blvd, Memphis, TN 38106
  • /2

    $5,050

    • Land
    • 0.08 Acre
    • $63,125 per Acre

    1824 Rozelle St, Memphis, TN 38106

    Available vacant lot. Also selling 1832 Rozelle.

    Virgil Pryor Harris Realty Services

    1824 Rozelle St, Memphis, TN 38106
  • /15

    $95,000

    • 2 Beds
    • 1 Bath
    • 896 Sq Ft

    2540 Malone Ave, Memphis, TN 38114

    INVESTERS ONLY!! Tenant occupied super cute 2Bed 1Bath home with low maintenance exterior and large detached workshop! Rent is $890/mo. Home will be a great addition to your portfolio and is professionally managed by Reedy and Company. This home was rehabbed within the last 18 months before the current tenant moved in. It has new interior paint, new exterior paint, nice looking roof (with no

    Tyler Tapley Crye-Leike, Inc., REALTORS

    2540 Malone Ave, Memphis, TN 38114
  • /18

    $119,900

    • 3 Beds
    • 2 Baths
    • 1,241 Sq Ft

    6521 Wimble Rd, Memphis, TN 38134

    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

    6521 Wimble Rd, Memphis, TN 38134
  • /11

    $59,900

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

    5299 Airview Rd, Memphis, TN 38109

    Great addition to your portfolio. 2 bedroom 1 bath with bonus room in South Memphis. Extremely large lot. Hurry Great price!

    Scott Housewirth Crye-Leike Inc., REALTORS

    5299 Airview Rd, Memphis, TN 38109
  • /2

    $5,500

    • Land
    • 0.08 Acre
    • $68,750 per Acre

    1105 S Orleans St, Memphis, TN 38126

    Vacant lot can be viewed anytime. Cleared and ready to build on. The lot can be sold individually or together with 1271 College St, 925 Fold Pl, 1079 Orleans, 1087 Orleans, 1089 Orleans, 1105 Orleans and 0 Azalia St for additional purchase.

    Pam Beall Crye-Leike, Inc., REALTORS

    1105 S Orleans St, Memphis, TN 38126
  • /2

    $34,000

    • Land
    • 0.12 Acre
    • $283,333 per Acre

    321 Harrell St, Memphis, TN 38112

    One of two lots in this location; northern most lot. Clear, ready to build lot.

    Brook Loper 901 Properties

    321 Harrell St, Memphis, TN 38112
  • /2

    $13,000

    • Land
    • 0.79 Acre
    • $16,456 per Acre

    1896 Hicks Rd, Memphis, TN 38109

    0.79 of an acre

    Veronique Horton Keller Williams

    1896 Hicks Rd, Memphis, TN 38109
  • /3

    $11,400

    • Land
    • 0.17 Acre
    • $67,059 per Acre

    1743 Eldridge Ave, Memphis, TN 38108

    Prime build-ready lot—freshly demo’d and cleared, utilities nearby, and ready for your next new construction or investment project! Located in a neighborhood surrounded by redevelopment, this site is ideal for builders, developers, or investors seeking a strong ROI. All the groundwork is done—just bring your plans and start building. Perfect opportunity for a custom home, multi-unit build, or

    Patrice Williams-Wooten Keller Williams

    1743 Eldridge Ave, Memphis, TN 38108

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