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

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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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  /28

  $55,000 Pre-Foreclosure

  • 2 Beds
  • 1.5 Baths
  • 1,126 Sq Ft

  3554 Morning Dew Ct Unit 11, Memphis, TN 38118

  This condo is located in a great location! It's just minutes from the Memphis Airport, Mississippi state line, Whitehaven area expressway and more! This would make a great rental or first time home for a buyer! It has fresh paint, new LVP flooring, new countertops, light fixtures, new refrigerator and dishwasher! Seller has done most of the renovation, but there is still some work to be done.

  Verna Littleton Fast Track Realty, LLC

  3554 Morning Dew Ct Unit 11, Memphis, TN 38118
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  /5

  $95,000

  • 2 Beds
  • 1 Bath
  • 701 Sq Ft

  2081 Hubert Ave, Memphis, TN 38108

  Nice, clean 2BR home rented for $950. per month with one year lease. No blind offers, wholesalers or assigns. Please do not disturb tenant. Stove, microwave, refrigerator and stacked W/D stay. Home has aluminum siding, low maintenance! Front and rear security doors. Roof replaced 2025. There is a main wall heat unit and 2 smaller units in bedrooms. 2 window units stay. All window treatments stay.

  Becca Dickerson Sowell, Realtors

  2081 Hubert Ave, Memphis, TN 38108
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  /27

  $149,000

  • 1 Bed
  • 1 Bath
  • 848 Sq Ft

  245 Madison Ave Unit 705, Memphis, TN 38103

  Top floor unit in a great downtown location. Walk to restaurants and local attractions. Bare concrete floors, exposed brick walls, high ceilings, and lots of light from large East facing windows. Laundry in unit, large walk in closet, and open floorplan. Does not qualify for FHA financing, investors welcome.

  Linda Sowell Sowell, Realtors

  245 Madison Ave Unit 705, Memphis, TN 38103
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  /3

  $130,000

  • 3 Beds
  • 1.5 Baths
  • 1,024 Sq Ft

  936 Olympic St, Memphis, TN 38107

  936 Olympic is a beautifully renovated 3-bedroom, 1.1-bath home that’s move-in ready for its next owner! This home features hardwood floors throughout and modern updates, including granite countertops and a functional layout perfect for everyday living. The primary bedroom includes a convenient half bath with washer and dryer connections, adding extra comfort and practicality. This property is

  Tonja Pryor Assured Real Estate Services

  936 Olympic St, Memphis, TN 38107
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  /19

  $119,900

  • 3 Beds
  • 1 Bath
  • 1,158 Sq Ft

  641 E Mckellar Ave, Memphis, TN 38106

  Home has been totally renovated , with re-finished hardwood floor , updated bathroom . Home has 3 br down and an extra room upstairs that could be study or game room.

  Trina Payne Performance, REALTORS

  641 E Mckellar Ave, Memphis, TN 38106
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  /2

  $30,000

  • 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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  /4

  $150,000

  • Land
  • 10,454 Sq Ft
  • $625,000 per Acre

  2180 Elvis Presley Blvd, Memphis, TN 38106

  This lot is offered with a lot of 1349 Eloise and 0 Mallory, vacant lots behind 2180 Elvis Presley. ALL TO BE SOLD TOGETHER.

  Sonja Hester Progressive Realty Services

  2180 Elvis Presley Blvd, Memphis, TN 38106
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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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  /7

  $99,900

  • 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

  Christopher Stjernholm Trelora Realty

  1422 Abernathy Rd, Memphis, TN 38116
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  /2

  $47,500

  • 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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  /11

  $129,900

  • 4 Beds
  • 1 Bath
  • 1,104 Sq Ft

  2292 Redwood Ave, Memphis, TN 38108

  Adorable 4 bedroom, 1 bath split level home full of charm and character. This home features hardwood floors throughout and a functional layout that offers flexibility for a variety of living needs. Fresh paint inside and out gives the home a clean, updated feel, making it move in ready. With spacious bedrooms and a comfortable flow, this property is ideal for everyday living. Whether you are

  Crystal Mitchell Renshaw Company, REALTORS

  2292 Redwood Ave, Memphis, TN 38108
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  /32

  $99,900

  • 3 Beds
  • 1 Bath
  • 1,341 Sq Ft

  3741 Ridgemont Rd, Memphis, TN 38128

  Move-In Ready 3-Bed Ranch! Single-story home with 3 bedrooms, 1 bath, and cozy fireplace. Spacious kitchen & dining area, 1,200+ sq ft of living space, and 0.19-acre yard. Driveway parking and quiet neighborhood near highways, schools, and shopping. Perfect for first-time buyers or investors!

  Alexis Martz Trelora Realty

  3741 Ridgemont Rd, Memphis, TN 38128
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  /2

  $149,900

  • 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
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  /2

  $110,000

  • 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
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  /15

  $136,500

  • 3 Beds
  • 2.5 Baths
  • 1,800+ Sq Ft

  5281 Scottsdale Ave Unit 6, Memphis, TN 38118

  Move in Ready or Rent ready. 3 bedrooms, 2.5 baths. Open concept.

  Greg Renfrow NextHome Cornerstone Realty

  5281 Scottsdale Ave Unit 6, Memphis, TN 38118
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  /14

  $119,000

  • 3 Beds
  • 1 Bath
  • 993 Sq Ft

  5083 Carterville Place, Memphis, TN 38127

  Price improvement!!! Charming 3 bedroom 1 bath renovated home in Northaven, great value for owner occupant, Move-in ready! New roof in 2024. Freshly painted, new light fixtures, and check out the kitchen! House is vacant, no curtains/rods/decor or furniture. There are some photos here that have been virtually staged. This home qualifies for special 100% financing for owner occupant buyers so call

  Saprina Bowman Crye-Leike, Inc., REALTORS

  5083 Carterville Place, Memphis, TN 38127
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  /6

  $89,000

  • 3 Beds
  • 1 Bath
  • 1,014 Sq Ft

  535 E Shelby Dr, Memphis, TN 38109

  Completely renovated home featuring new AC, roof & HWH, updated kitchen and any deferred maintenance items. Perfect for first time home buyers or investors. Rented for $925 and lease ends July 2026. Can be bought individually or in a package of updated homes from teh seller. The renovation performed is designed to reduce owner/ investor maintenance. Need a Quick Sell? Will take them "as is"

  Andrew Akins CB Properties of Memphis, LLC

  535 E Shelby Dr, Memphis, TN 38109
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  /2

  $139,500

  • 5 Beds
  • 2.5 Baths
  • 3,346 Sq Ft

  1443 S Parkway E, Memphis, TN 38106

  One owner home, a diamond in the rough, mostly hardwood flooring will need major rehab, over 3000 sq ft

  Howard Averyhart The Peyton Co., Inc., REALTORS

  1443 S Parkway E, Memphis, TN 38106
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  /2

  $79,000

  • 3 Beds
  • 1.5 Baths
  • 1,366 Sq Ft

  988 Michael Cove, Memphis, TN 38116

  Opportunity knocks with this income-producing property priced well below market value due to the repairs and updates needed. Being sold AS IS this 3-bedroom, 1.5-bath home already has a long-term tenant in place, offering immediate cash flow from day one. Currently rented at $950/month, the tenant has occupied the property since March 2015 and is currently on a month-to-month lease with a strong

  Deborah Williams 4 Success Realty, LLC

  988 Michael Cove, Memphis, TN 38116
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  /32

  $104,900

  • 3 Beds
  • 1.5 Baths
  • 1,150 Sq Ft

  2588 Wellons Ave, Memphis, TN 38127

  Move-in ready 3BR, 1.5BA brick ranch in Memphis. This 1,150 sq. ft. home features a cozy fireplace, fresh paint, and updated flooring throughout. Efficient layout includes a primary bedroom with private half-bath and a spacious eat-in kitchen. Situated on a level lot with central HVAC and off-street parking. Conveniently located near local schools—perfect for homeowners or investors. Sold as-is.

  Alexis Martz Trelora Realty

  2588 Wellons Ave, Memphis, TN 38127
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  /21

  $114,850

  • 2 Beds
  • 2 Baths
  • 1,320 Sq Ft

  1737 S Trezevant St, Memphis, TN 38114

  Great opportunity to own an income producing duplex in prime location close to FedEx and Memphis Airport. Convenient to bus line and shopping. Renovated bathroom, laminated floors and more. Great investment for anyone seeking steady income.

  Douglas Bentley Good Shepherds Realty & Invest

  1737 S Trezevant St, Memphis, TN 38114
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  /11

  $10,750

  • Land
  • 5,662 Sq Ft
  • $82,692 per Acre

  1428 S Orleans St, Memphis, TN 38106

  Beautiful Park View! Prime vacant building lot directly across from Southside Park. Less than a block away, brand-new single-family homes are being built, adding amazing value to the area. Gas, water, sewer, and electric are available at the street, with a driveway approach already in place. This lot is ready for your vision — view anytime! Don’t miss your opportunity. Call today!

  Brad Beall Crye-Leike, Inc., REALTORS

  1428 S Orleans St, Memphis, TN 38106
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  /2

  $30,000

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

  1601 N Hollywood St, Memphis, TN 38108

  Tennille Tucker

  1601 N Hollywood St, Memphis, TN 38108
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  /2

  $135,000

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

  2552 Ogden Ave, Memphis, TN 38112

  Tenant-occupied property generating $1,150/month with a lease in place through July 2026, providing immediate and stable cash flow. This is a great opportunity for investors looking to add a performing asset to their portfolio without the hassle of vacancy or lease-up. Property is professionally managed and offers strong rental potential in a high-demand area. Please do not disturb the resident.

  Bradley Puckett CB Properties of Memphis, LLC

  2552 Ogden Ave, Memphis, TN 38112
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  /15

  $110,000

  • 2 Beds
  • 1.5 Baths
  • 1,030 Sq Ft

  2080 Sharon Ln, Memphis, TN 38127

  Great home in great location! This property was fully rehabbed in 2023 and these pictures are from the most recent rent ready. This property was currently rented for $1,135 but the current tenant is being evicted. This is priced at the 1% rent to price and will be an excellent addition for the savvy investor and also equity locked in at purchase. No showings without accepted offer and please do

  Stephen Akindona Kairos Realty

  2080 Sharon Ln, Memphis, TN 38127
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  /33

  $79,000

  • 1 Bed
  • 1 Bath
  • 950 Sq Ft

  3080 Walnut Grove Rd Unit 404, Memphis, TN 38111

  1 bedroom, 1 bathroom condo with generous storage, covered balcony facing north (optimal in hotter months) with great sunsets, one gated, covered parking space. Appliances as shown in photos are available to be included with purchase (such as refrigerator, stacked washer-dryer). Living/dining combination approximately 14'x27'. Common area amenities: pool, nicely furnished lobby, laundry room,

  Brian Rogers Epique Realty

  3080 Walnut Grove Rd Unit 404, Memphis, TN 38111
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  /4

  $50,000

  • 3 Beds
  • 1.5 Baths
  • 1,400+ 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

  $79,000

  • Land
  • 6,098 Sq Ft
  • $564,286 per Acre

  2529 Harvard Ave, Memphis, TN 38112

  Vacant residential lot in an established Midtown location near the University of Memphis. Ideal for new construction or investment. Convenient access to Poplar Ave, shopping, dining, and major routes. Buyer to verify zoning, utilities, lot dimensions, and building requirements. Property sold AS-IS. Vacant lot. Drive by anytime.

  Cesar Lara Fast Track Realty, LLC

  2529 Harvard Ave, Memphis, TN 38112
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  /2

  $85,000

  • Land
  • 12,632 Sq Ft
  • $293,103 per Acre

  597 Alabama Ave, Memphis, TN 38105

  This sale includes 3 parcels. 597 Alabama, 0 Exchange (parcel # 001125 00018) and 604 Exchange. Great opportunity for development near St Jude and Downtown Memphis! Zoned MU. Drive by today!

  John Cornes Braden, Braden & Braden LLC

  597 Alabama Ave, Memphis, TN 38105
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  /8

  $98,900

  • 2 Beds
  • 1 Bath
  • 816 Sq Ft

  4711 Dalton Rd, Memphis, TN 38109

  INVESTORS ONLY!!! Lovely 2bed 1bath home currently rented at $895/mo. This property is professionally managed. Lease and ledger available upon request. This could be a great addition to your portfolio. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. No sign in yard. Please do not disturb or approach the tenant. No Creative Or Owner Financed Offers. No Wholesale Or Assignment. Seller also selling 4039

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4711 Dalton Rd, Memphis, TN 38109
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  /2

  $79,900

  • 2 Beds
  • 1 Bath
  • 726 Sq Ft

  1999 Sipes Ave, Memphis, TN 38127

  Investment opportunity waiting for you! Professionally managed and tenant occupied home. Property is currently rented for $700/mo. Video walk through available upon request. Do not approach or disturb tenant. No showings without an accepted offer.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1999 Sipes Ave, Memphis, TN 38127
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  /32

  $79,900

  • 3 Beds
  • 1 Bath
  • 832 Sq Ft

  4277 Falcon Cove, Memphis, TN 38109

  Charming single-story home nestled on a quiet cove in the Whitehaven area! This property offers a spacious layout with great potential, perfect for homeowners or investors alike. Conveniently located just minutes from Graceland, major roads, shopping, and dining. Enjoy a peaceful setting with easy access to everything Memphis has to offer—don’t miss this opportunity!

  Christopher Stjernholm Trelora Realty

  4277 Falcon Cove, Memphis, TN 38109
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  /6

  $15,000

  • Land
  • 2,178 Sq Ft
  • $300,000 per Acre

  0 James St, Memphis, TN 38106

  Seller selling 0 James (Parcel ID: 026028 00025), 1312 (Parcel ID: 026028 00024) and 1318 James (Parcel ID: 026028 00021), 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
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  /31

  $98,500

  • 1 Bed
  • 1 Bath
  • 692 Sq Ft

  2277 Union Ave Unit 408, Memphis, TN 38104

  Conveniently located in the heart of Midtown Memphis. Secure condo is just steps away from Fresh Market, Overton Square, Overton Park and Cooper Young area. This 1 bedroom condo is move in ready with fresh paint, new luxury vinyl flooring throughout the unit, open floor plan, private balcony and a spacious walk-in closet. The Mayfair Condo offers many amenities: Pool w/ Patio and Grilling Area,

  Kim Finney Dream Maker Realty, LLC

  2277 Union Ave Unit 408, Memphis, TN 38104
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  /24

  $109,000

  • 1 Bed
  • 1 Bath
  • 848 Sq Ft

  1206 Bristol Dr Unit 202, Memphis, TN 38119

  Perfect 1BR/1BA Condo in Gated Community with a brand new Pool. This beautifully maintained 1 bedroom, 1 bathroom condo located in the gated Chatham Village, conveniently next to St. Francis Hospital. This community offers amenities including a pool, all while maintaining the privacy and security of HOA-managed living. Open living and dining area features wood laminate floors, creating a warm and

  Jeff Goff Keller Williams

  1206 Bristol Dr Unit 202, Memphis, TN 38119
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  /7

  $84,000

  • 4 Beds
  • 1 Bath
  • 903 Sq Ft

  3461 Daggett Rd, Memphis, TN 38109

  4 bed 1 bath home priced to sell. Home needs repairs but could be worth a lot of money once rehabbed. Right next to brand new construction. Many homes in this area are being rehabbed and sold for more money. CASH offers only. Seller will not make repairs, property being sold AS-IS. ONLINE VIDEO AVAILABLE UPON REQUEST. No Creative or Owner Financed Offers. No Wholesale or Assignment. Excellent fix

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3461 Daggett Rd, Memphis, TN 38109
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  /2

  $10,000

  • Land
  • 4,356 Sq Ft
  • $100,000 per Acre

  1201 Wellington St, Memphis, TN 38106

  Mature neighborhood with no HOA requirement. This lot has plenty of potential for your next investment. Don't miss out. Motivated Seller!

  Stephanie Moss BEST Real Estate Company

  1201 Wellington St, Memphis, TN 38106
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  /4

  $80,000

  • 3 Beds
  • 1 Bath
  • 936 Sq Ft

  23 Fields Ave, Memphis, TN 38109

  3-bedroom, 1-bath home with great potential, just needs a little TLC. Major updates already completed, including new plumbing, roof, and electrical. The owner is offering two additional properties as part of a package deal, or they can be purchased individually: 3273 Steele and 1871 Thrift. This is an excellent opportunity for investors looking to expand their portfolio. Property is being sold

  Candice Hardaway Keller Williams

  23 Fields Ave, Memphis, TN 38109
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  /25

  $139,999

  • 2 Beds
  • 2 Baths
  • 1,170 Sq Ft

  1960 N Parkway Unit 1110, Memphis, TN 38112

  modern and renovated corner unit in the famous Parkway House! If you were wondering what living in midtown is like than this home is the one! With a balcony that faces East you have a beautiful view that shows the sunrise over the exalting Rhodes College campus with a full view over the Memphis Zoo. The kitchen and bathrooms are full of quartz, modern tile, and complimented with beautiful

  James Hooker Tiger Realty

  1960 N Parkway Unit 1110, Memphis, TN 38112

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