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

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  /6

  $50,000

  • 2 Beds
  • 1 Bath
  • 1,295 Sq Ft

  140 Cedar Ave, Memphis, TN 38107

  Fantastic investment opportunity or starter home in Memphis! Built in 1923, this classic 2-bedroom, 1-bath home offers an impressively spacious 1,295 sq. ft. of living space on a 40x140 lot. Featuring a functional 5-room layout with all bedrooms on the main level, this property is full of character and potential. Situated in a convenient location with quick access to I-40, downtown, and local

  Curtis Bleeker KAIZEN Realty, LLC

  140 Cedar Ave, Memphis, TN 38107
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  /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
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  /2

  $4,000

  $1K PRICE DROP

  • 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
• 

  

  

  /19

  $125,000

  • 2 Beds
  • 1 Bath
  • 710 Sq Ft

  3088 Manhattan Ave, Memphis, TN 38112

  *INVESTOR ALERT* Cash flowing at $825/mo with 2/yr lease until 2028! Full rehab completed in 2025. An inviting Midtown gem just minutes from the vibrant Cooper-Young district! This charming 2-bedroom, 1-bath property offers 700+ square feet of stylish living space, perfect for those seeking comfort and convenience in one of Memphis’s most sought-after neighborhoods. You’ll also find local

  Marcus Boles Epique Realty

  3088 Manhattan Ave, Memphis, TN 38112
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  /7

  $119,900

  • 4 Beds
  • 1 Bath
  • 1,092 Sq Ft

  2402 Shasta Ave, Memphis, TN 38108

  Great opportunity for investors or first time homebuyers. This 2 bedroom, 1 bathroom home offers comfortable living with plenty of potential to make it your own. Whether you're looking to add to your rental portfolio or purchase an affordable home, this property is worth a look.

  Crystal Mitchell Renshaw Company, REALTORS

  2402 Shasta Ave, Memphis, TN 38108
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  /2

  $9,000

  $2K PRICE DROP

  • 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
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  /29

  $148,959

  $32K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,095 Sq Ft

  2971 Dearing Rd, Memphis, TN 38118

  Don’t miss this inviting 1-story home featuring 3 bedrooms and 1 bathroom with a comfortable layout designed for everyday living. The main living area offers a welcoming space for relaxing or entertaining, while the kitchen provides everyday functionality with easy flow to the dining area. The bedrooms offer flexible space for guests, a home office, or hobbies. One or more photo(s) was virtually

  Vicki Testerman Mainstay Brokerage, LLC

  2971 Dearing Rd, Memphis, TN 38118
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  /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
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  /14

  $133,500

  • 3 Beds
  • 1 Bath
  • 1,025 Sq Ft

  5162 Broken Oak Dr, Memphis, TN 38127

  INVESTORS ONLY! Tenant occupied property that would make an excellent addition to your portfolio. Charming 3 bedroom brick home rented for $995/month with a lease secured until 12/31/2026. Tenant moved in 12/19/2025. Home was completely renovated in 2024 including new roof, new HVAC, new water heater, new carpet, paint, bathroom and kitchen updates and more! Professional management in place,

  Jeremy Veldman KAIZEN Realty, LLC

  5162 Broken Oak Dr, Memphis, TN 38127
• 

  

  /19

  $30,000

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

  1214 Weakley Ave, Memphis, TN 38107

  Come one come all investors!! This is your opportunity to start with a blank slate on a duplex that's been converted to a single family home. Not interested in a single family and prefer a duplex? Simply convert it back by removing the brick and voila! Hurry up and buy this one before someone else does.

  Calvin Mathews Harris & Harris Realty Group

  1214 Weakley Ave, Memphis, TN 38107
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  /20

  $50,000

  $18K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 850 Sq Ft

  3001 Walnut Grove Rd Unit 4, Memphis, TN 38111

  Rare opportunity to own this unique property just 5 minutes from U of M and 10 minutes from the medical center. This is a two bedroom one bath upstairs unit with tastefully renovated kitchen and bath, lovely refinished hardwood floors and new windows. All furniture can stay. Secure gated property with security gates. It is a CO-OP not a Condo. NO long or short term RENTALS are allowed in the

  Jane Baker Sowell, Realtors

  3001 Walnut Grove Rd Unit 4, Memphis, TN 38111
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  /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
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  /2

  $75,000

  $20K PRICE DROP

  • 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
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  /14

  $135,500

  $10K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,692 Sq Ft

  3784 Mccain Rd, Memphis, TN 38109

  Almost 1,700 sf with a great floor plan that includes 4 bedrooms and 2 full baths. 3 bedrooms and 1 bath are at the front of the house. The primary bedroom and bath are in the rear of the house. The kitchen and baths have been updated. There is also a large family room with gas log fireplace. The sliding door in the family room opens to a covered patio. The house needs some cosmetic updating and

  Mike Dalton Crye-Leike, Inc., REALTORS

  3784 Mccain Rd, Memphis, TN 38109
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  /11

  $119,000

  • 3 Beds
  • 1 Bath
  • 1,207 Sq Ft

  5025 Berta Rd, Memphis, TN 38109

  CALLING ALL INVESTORS!!! Seller is willing to sell this property as part of a package with 2961-2963 GRENADIER CV/Vacant and 389 W MITCHELL RD/Occupied at a REDUCED PRICE. Contact co-listing or your agent for more info! Currently leased at $1,125/mo through 05/31/2027, rent roll & lease available upon request. DO NOT DISTURB TENANTS. No showings without accepted offer. Well-maintained 3BR/1BA

  James Wachob Foundation Property Management

  5025 Berta Rd, Memphis, TN 38109
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  /11

  $118,000

  $12K PRICE DROP

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

  556 Melton Ave, Memphis, TN 38109

  CALLING ALL INVESTORS!!! Seller is willing to sell this property as part of a package with 3677 BISON ST/ Occupied at a REDUCED PRICE. Contact co-listing or your agent for more info! Currently leased at $1,275 per month through 07/31/2026, rent roll & lease available upon request. DO NOT DISTURB TENANTS. No showings without accepted offer. Featuring a functional layout, spacious living areas, and

  James Wachob Foundation Property Management

  556 Melton Ave, Memphis, TN 38109
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  /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
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  /5

  $62,000

  • 2 Beds
  • 1 Bath
  • 1,004 Sq Ft

  1660 S Wellington St, Memphis, TN 38106

  Fantastic addition to your real estate portfolio! This classic 1926-built, 2-bedroom, 1-bath single-family home offers 1,004 sq. ft. of comfortable living space on a deep 50x211 lot. Featuring a functional 5-room, single-story layout, this property is full of potential. Located in South Memphis with quick, convenient access to I-240 and McLemore Ave. Tenant occupied—ideal for an investor looking

  Curtis Bleeker KAIZEN Realty, LLC

  1660 S Wellington St, Memphis, TN 38106
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  /8

  $125,000

  • 2 Beds
  • 1 Bath
  • 1,358 Sq Ft

  950 Birch St, Memphis, TN 38108

  Tenant-occupied investment property with immediate rental income potential. This 3-bedroom, 1-bath home offers a practical layout, spacious living areas, and a large backyard. Conveniently located near everyday amenities and major transportation corridors. Do not disturb tenant. Contact listing agent for additional information.

  Palmer Gardner CrestCore Realty MphsBrokerage

  950 Birch St, Memphis, TN 38108
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  /6

  $35,000

  $19K PRICE DROP

  • 4 Beds
  • 2 Baths

  1070 Overton Park Ave, Memphis, TN 38105

  An investor's dream! A total of 4 duplexes with a great room, 2 bedrooms, one bath and kitchen. Located in a cove, these homes would be ideal for investors with an eye for rehabbing functional homes in need of cosmetic upgrades. Located minutes away from downtown and midtown, homeowners will have ample choices for entertaining family and friends. Property being sold AS IS and all units must be

  Felicia Carey Crye-Leike, Inc., REALTORS

  1070 Overton Park Ave, Memphis, TN 38105
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  /2

  $80,000

  • 3 Beds
  • 1 Bath
  • 1,165 Sq Ft

  3697 Wolf Trail Dr, Memphis, TN 38128

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $700 per month. This asset can also be purchased as part of a larger investment package totaling $3,766,500, providing an exceptional opportunity for buyers seeking a strong portfolio addition.

  Fred Sengstacke KAIZEN Realty, LLC

  3697 Wolf Trail Dr, Memphis, TN 38128
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  /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
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  /32

  $149,900

  $25K PRICE DROP

  • 2 Beds
  • 2.5 Baths
  • 1,394 Sq Ft

  1609 Red Barn Dr, Cordova, TN 38016

  Charming 2BR, 2.5BA Single Family Zero Lot Line in the Country Hills community. This well-maintained home features a spacious 23x12 living room, separate dining area, and a functional kitchen. The primary suite offers generous 15x12 dimensions, complemented by a comfortable second bedroom. Enjoy a low-maintenance slab foundation, brick veneer exterior, and a front-load garage. Mandatory HOA

  Thee Gaines Trelora Realty

  1609 Red Barn Dr, Cordova, TN 38016
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  /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
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  /22

  $28,000

  • 2 Beds
  • 1 Bath
  • 928 Sq Ft

  767 Roanoke Ave, Memphis, TN 38106

  Check out your next investment deal in the heart of beautiful South Memphis. This home has already had the plumbing and electrical rough-in completed and approved. Development is happening all around this home. New ADU's being built right behind this home so the value is there.

  Calvin Mathews Harris & Harris Realty Group

  767 Roanoke Ave, Memphis, TN 38106
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  /7

  $85,000

  • 3 Beds
  • 1 Bath
  • 1,300 Sq Ft

  2331 Dexter Ave, Memphis, TN 38108

  Sherry Scott-Chambers Crye-Leike, Inc., REALTORS

  2331 Dexter Ave, Memphis, TN 38108
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  /2

  $27,500

  • Land
  • 3,920 Sq Ft
  • $305,556 per Acre

  483 Walker Ave, Memphis, TN 38126

  SOLD AS A PACKAGE DEAL! Attention investors, builders, and developers! Don't miss this unique opportunity to acquire 17 parcels of land being offered as one package. Whether you're looking to expand your investment portfolio, develop multiple homesites, or secure land for future growth, this package offers incredible potential. Included Parcels: 813 Coahoma 964 Wellington 951 Driver 650 Jeanette

  Chinna Prude C21 Patterson & Assoc. Real Es

  483 Walker Ave, Memphis, TN 38126
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  /6

  $8,900

  $90K PRICE DROP

  • Land
  • 7,405 Sq Ft
  • $52,353 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
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  /2

  $95,000

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

  1665 Cameron St, Memphis, TN 38106

  INVESTOR SPECIALS.....DRIVE BY ONLY..DO NOT DISTURB THE TENANTS...THE DUPLEX HAS 2 BEDROOMS AND 1 FULL BATH ON BOTH SIDES...FINANCIALS WILL BE PROVIDED UPON ACCEPTANCE OF THE OFFER BY THE OWNER.

  Sherita McCray Assured Real Estate Services

  1665 Cameron St, Memphis, TN 38106
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  /8

  $72,000

  • 3 Beds
  • 1 Bath
  • 816 Sq Ft

  1698 Rayner St, Memphis, TN 38106

  Superb Investment Opportunity — Tenant Occupied Welcome to 1698 Rayner Street! This cozy 3-bedroom, 1-bathroom single-family home offers 816 sq. ft. of single-story living on a sprawling 0.22-acre lot. Location Highlights: Minutes from Glenview Park, Stax Museum, Payne's Bar-B-Que, and the Cooper-Young entertainment district. Quick interstate access via I-240, Lamar, and South Parkway! PLEASE

  Curtis Bleeker KAIZEN Realty, LLC

  1698 Rayner St, Memphis, TN 38106
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  /2

  $30,000

  $10K PRICE INCREASE

  • Land
  • 5,662 Sq Ft
  • $230,769 per Acre

  1737 Vesey Ave, Memphis, TN 38114

  Vacant 40x150 lot in the Rozelle neighborhood. Flat lot and ready to build on. R-6 (H) zoning. Two other lots in the neighborhood also listed.

  Rob Thompson Bluff City Realty Group, LLC

  1737 Vesey Ave, Memphis, TN 38114
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  /2

  $30,000

  • Land
  • 15,246 Sq Ft
  • $85,714 per Acre

  3621 S 3rd St, Memphis, TN 38109

  Commercial Lot/Land available on S Third St., great business opportunity. Can be sold together with MLS #'s 10198754,10199303,10199305,10199299

  Jeff Goff Keller Williams

  3621 S 3rd St, Memphis, TN 38109
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  /4

  $36,000

  • 3 Beds
  • 1.5 Baths
  • 1,547 Sq Ft

  1661 Humber St, Memphis, TN 38106

  3 bedroom 1.5 Bath Home. Looking for a fixer upper. Ask About Financing that can cover for Purchase and Renovations. Selling As Is. Let us know if you have any questions!

  Courtney Staples Keller Williams

  1661 Humber St, Memphis, TN 38106
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  /2

  $95,000

  • 3 Beds
  • 1 Bath
  • 1,376 Sq Ft

  3628 England St, Memphis, TN 38127

  Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1 baths. Currently renting for $800 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over 15 other rental houses available also.

  Harry Samuels Pinnacle Realty

  3628 England St, Memphis, TN 38127
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  /30

  $69,900

  $30K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 979 Sq Ft

  1422 Abernathy Rd, Memphis, TN 38116

  Discover this fantastic investment or starter home opportunity in the heart of the Whitehaven community! This solid 3-bedroom, 1 bathroom brick ranch offers a spacious 979 sq. ft. layout with a separate living room, dining area, and a cozy den perfect for family gatherings. The home sits on a generous, level lot with a fully fenced backyard, offering plenty of privacy and space for outdoor

  Thee Gaines Trelora Realty

  1422 Abernathy Rd, Memphis, TN 38116
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  /2

  $47,500

  $8K PRICE DROP

  • Land
  • 1.31 Acres
  • $36,260 per Acre

  3539 Schoolfield Rd, Memphis, TN 38127

  Location Location Location! This lot is now available! A little over an acre of land. Suitable for many uses. Not far from Nike and Amazon. Don't miss out on this opportunity! BRING ALL OFFERS!!!** Parcel: 072106-00039C

  Brittan Robbins Real Broker

  3539 Schoolfield Rd, Memphis, TN 38127
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  /2

  $149,900

  • 3 Beds
  • 2 Baths
  • 1,100 Sq Ft

  3189 Ridgemont Rd, Memphis, TN 38128

  Tenant Occupied, Please Do Not Disturb Tenant. Showing with accepted contract, make all offers contingent upon viewing.

  Tony Cai, CCIM eXp Realty, LLC

  3189 Ridgemont Rd, Memphis, TN 38128
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  /2

  $139,900

  $10K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 1,909 Sq Ft

  311 E Shelby Dr, Memphis, TN 38109

  A fantastic opportunity to add an income producing property to your portfolio. Property is leased for $1515 until 4/16/27. Sale is as-is. No showings until accepted offer. DO NOT DISTURB TENANT.

  Farris Ibrahim Renshaw Company, REALTORS

  311 E Shelby Dr, Memphis, TN 38109
• 

  

  /18

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,050 Sq Ft

  3065 Sax Rd, Memphis, TN 38109

  Move-in ready and full of charm! This is beautifully renovated 3-bedrooms, 1-bath home is the perfect starter home or addition to your investment portfolio. Features include smooth ceilings, a fully updated bathroom, brand-new roof for added peace of mind. The functional layout offers comfortable living with modern updates throughout. Situated on a spacious lot and priced to sell at just $125,000

  Flor Bernal Crye-Leike, Inc., REALTORS

  3065 Sax Rd, Memphis, TN 38109
• 

  /2

  $109,900

  • 3 Beds
  • 1 Bath
  • 1,100 Sq Ft

  416 Carbon Cove, Memphis, TN 38109

  Low maintenance brick home with newer roof, fenced yard in a cove. Tenant occupied...DO NOT disturb tenant. Under lease until August 2027. Inspections will be scheduled once a contract is in place. No wholesalers/assignments. Professionally managed by Reedy & Company.

  Weesie Percer Keller Williams

  416 Carbon Cove, Memphis, TN 38109

Showing Results 641 - 680, Page 17 of 18