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

• 

  

  

  /4

  $5,000

  • Land
  • 0.31 Acre
  • $16,129 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
• 

  

  

  /22

  $134,950

  • 4 Beds
  • 2 Baths
  • 1,656 Sq Ft

  2763 Fizer Rd, Memphis, TN 38114

  REDUCED $10,000!! Large good looking home with 4 bedrooms and 2 full baths--2 bedrooms up and 2 bedrooms down. Living and dining room plus and eat in kitchen with an island! Central air and heat. Separate laundry room. Larger primary bedroom with a luxury bath and a walk in closet all on a HUGE lot! Big storage building with attached chicken coop! Priced to sell immediately! MOTIVATED SELLER!!!

  Jimmie Tapley Crye-Leike, Inc., REALTORS

  2763 Fizer Rd, Memphis, TN 38114
• 

  

  

  /12

  $108,000

  • 2 Beds
  • 1.5 Baths
  • 1,333 Sq Ft

  3725 Wax Myrtle Dr, Memphis, TN 38115

  Welcome to 3725 Wax Myrtle Dr., Memphis, TN. This 2-bedroom, 1.5-bath home offers comfort, convenience, and reliable long-term value ideal for both investors and homeowners. Inside, you’ll find a spacious living and dining area with great natural light, plus a functional kitchen with ample cabinet storage. Upstairs, two generously sized bedrooms provide comfortable living space, complemented by a

  James Wachob Foundation Property Management

  3725 Wax Myrtle Dr, Memphis, TN 38115
• 

  

  

  /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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  /3

  $29,900

  • Land
  • 0.11 Acre
  • $271,818 per Acre

  1618 Davis St, Memphis, TN 38108

  James Walker REMAX Experts

  1618 Davis St, Memphis, TN 38108
• 

  /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
• 

  /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
• 

  /2

  $9,500

  • Land
  • 0.25 Acre
  • $38,000 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
• 

  

  /25

  $131,500

  • 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
• 

  

  /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
• 

  

  /26

  $149,900

  • 4 Beds
  • 3 Baths
  • 2,102 Sq Ft

  961 N Dunlap St, Memphis, TN 38107

  Great opportunity to own an income-producing duplex in an up-and-coming area with strong growth and rental demand. Both units are currently vacant, giving the new owner a rare chance to set market rents immediately and maximize cash flow from day one. One unit has been completely remodeled, making it highly attractive to tenants, while the second unit offers solid rental potential with room to

  Tyler Bowman Weichert, REALTORS-BenchMark

  961 N Dunlap St, Memphis, TN 38107
• 

  

  /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
• 

  

  /15

  $54,900

  • 3 Beds
  • 1 Bath
  • 1,137 Sq Ft

  915 Annie St, Memphis, TN 38107

  INVESTOR SPECIAL!!! This 3-bedroom home offers a strong value-add opportunity in a growing area where increased investor activity is driving rising property values and rental rates. The property is in need of a full rehab, but the most critical work has already been addressed. The home has undergone a complete structural rebuild, including new concrete footings, floor joists, walls, ceiling

  Tyler Bowman Weichert, REALTORS-BenchMark

  915 Annie St, Memphis, TN 38107
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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
• 

  

  /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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  /9

  $104,000

  • 3 Beds
  • 2 Baths
  • 1,265 Sq Ft

  768 Laurel St, Memphis, TN 38114

  GREAT INVESTMENT OPPORTUNITY! Spacious 3-bedroom, 2-bathroom home situated on a desirable corner lot, currently rented for $935/month with a lease in place through 8/31/2026. The property was refurbished in summer 2025 and features a generous living room, eat-in kitchen, 3 spacious bedrooms, and a 1-car carport. Well-positioned corner lot adds to its appeal. Professionally managed—please do not

  Jeremy Veldman KAIZEN Realty, LLC

  768 Laurel St, Memphis, TN 38114
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  /17

  $125,000

  • 2 Beds
  • 1.5 Baths
  • 1,173 Sq Ft

  3797 Deer Forest Dr, Memphis, TN 38115

  Wonderful Home for Sale – 2 Bedrooms, 1 Bathroom, features 2 spacious bedrooms, . It includes a wood kitchen with an open-concept layout, seamlessly connected to the living areas for a warm and inviting feel. Additionally, the property: offers a completely fenced garden.

  Itzel Sanchez Bustamante Keller Williams

  3797 Deer Forest Dr, Memphis, TN 38115
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  /31

  $94,900

  • 4 Beds
  • 1 Bath
  • 1,320 Sq Ft

  3649 Mcduff Ave, Memphis, TN 38111

  This inviting Memphis home offers a practical and comfortable layout with multiple living spaces perfect for everyday living. The property features well-proportioned bedrooms, two bathrooms, and a kitchen designed for efficiency and convenience. Natural light fills the interior, highlighting the home’s functional flow. Enjoy outdoor space ideal for relaxation or entertaining. Conveniently located

  Alexis Martz Trelora Realty

  3649 Mcduff Ave, Memphis, TN 38111
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  /2

  $63,500

  • 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
• 

  

  /20

  $109,900

  • 2 Beds
  • 1 Bath
  • 1,000 Sq Ft

  3757 Faxon Ave, Memphis, TN 38122

  Lovely move-in ready 2br 1ba in Berclair now available! This would make an excellent investment opportunity or an owner/occupant. The owner just did a refresh if the inside. Vacant, easy to show! This is an opportunity zone and qualifies for 100% financing if you're an owner/occupant!

  Caleb Parr Renshaw Company, REALTORS

  3757 Faxon Ave, Memphis, TN 38122
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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
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  /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
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  /8

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,243 Sq Ft

  3969 N Trezevant St, Memphis, TN 38127

  INVESTORS ONLY – TURNKEY CASH FLOW! Solid 3-bedroom, 1-bath brick property generating $995/month in rental income with a long-term, reliable tenant in place. Lease renewed through 10/31/2026, with a proven on-time payment history since 2017. Low-maintenance brick exterior, spacious eat-in kitchen, comfortable living room, three well-sized bedrooms, and desirable corner lot. Professionally managed

  Jeremy Veldman KAIZEN Realty, LLC

  3969 N Trezevant St, Memphis, TN 38127
• 

  /2

  $125,000

  • 3 Beds
  • 2 Baths
  • 1,217 Sq Ft

  4473 Longtree Ave, Memphis, TN 38128

  INVESTERS ONLY! Lovely 3 bed 2 bath home currently rented for $1100/mo. Professionally managed by Cicely Buckley. Unincorporated Shelby County (No City Taxes, which helps with your ROI). Cash Offers Only. No Creative or Owner Financed Offers. No Wholesale or Assignment. Seller also selling 599 Blackhawk, 4394 Janssen, 4973 Longtree, 4395 Ann Arbor, 80 E. Bodley (Can buy in bulk or individually)

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4473 Longtree Ave, Memphis, TN 38128
• 

  

  /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

  $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
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  /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
• 

  

  /20

  $74,900

  • 3 Beds
  • 1 Bath
  • 1,276 Sq Ft

  1936 Frisco Ave, Memphis, TN 38114

  MULTIPLE PROPERTY PORTFOLIO CAN ONLY BE BOUGHT IN BULK, TOTAL PRICE IS 436,900. Four investment properties available. Seller is seeking bulk offers. 3218 Thirteen Colony Mall #1A -- 3 beds, 2.1 baths, currently vacant, recent repairs, in good condition, hoa is $225/mo. 1936 Frisco -- 3 beds, 1 bath, new roof and hvac in 2021, currently rented for $795/mo. lease is MTM. 3789 Fairoaks -- 4 beds, 1

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1936 Frisco Ave, Memphis, TN 38114
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  /5

  $85,000

  • 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
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  /2

  $99,000

  • 4 Beds
  • 1 Bath
  • 1,085 Sq Ft

  1766 Eldridge Ave, Memphis, TN 38108

  Great Investment opportunity!. This 4 bedroom 1 bath home is currently rented and is ready to be added to your portfolio. Don't miss your opportunity to invest in this established neighborhood. This home has been recently renovated!

  Matt Holder Burch Realty Group

  1766 Eldridge Ave, Memphis, TN 38108
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  /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
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  /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
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  /13

  $145,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  2974 Waverly Ave, Memphis, TN 38111

  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

  2974 Waverly Ave, Memphis, TN 38111
• 

  

  /22

  $139,000

  • 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 Renshaw Company, REALTORS

  3788 Bishops Bridge Rd, Memphis, TN 38118
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  /8

  $50,000

  • 3 Beds
  • 1 Bath
  • 1,204 Sq Ft

  2136 Sparks St, Memphis, TN 38106

  Antonio Walton The Home Partners Realty

  2136 Sparks St, Memphis, TN 38106
• 

  /2

  $69,900

  • 3 Beds
  • 1 Bath
  • 1,015 Sq Ft

  584 Benham Ave, Memphis, TN 38127

  Great investment opportunity on Benham Ave! This tenant-occupied property is currently rented at $1,000 per month with a lease in place through 11/1/2026, providing stable cash flow from day one. Conveniently located with easy access to major roads, shopping, and schools. Ideal for investors looking to add a performing rental to their portfolio. Please do not disturb the tenant.

  Kenisha Martin JK Homes & Realty Services

  584 Benham Ave, Memphis, TN 38127
• 

  

  /6

  $85,000

  • 3 Beds
  • 1 Bath
  • 960 Sq Ft

  2601 Darlene St, Memphis, TN 38106

  Terrific investment opportunity. Investors only! Tenant occupied. Professionally managed. Currently rented for $900/month. Lease and ledger available upon request. Tenant occupied home with covered parking. Roof looks to be in good condition. This could be a great buy and hold. ONLINE VIDEO AVAILABLE UPON REQUEST. Do not approach or disturb tenant. No showings without an accepted offer. No

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2601 Darlene St, Memphis, TN 38106
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  /24

  $90,000

  • 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

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