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

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  /15

  $126,900

  $3K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 936 Sq Ft

  4301 University St, Memphis, TN 38127

  Discover this beautiful three-bedroom, one-bath home, fully renovated from top to bottom 1 year ago. This property features a brand-new roof, fresh paint inside and out, and stylish new light fixtures.Laminate flooring in the kitchen and throughout all the bedrooms, enhancing the home's modern appeal. The renovated bathroom offers both style and comfort. Situated on a charming corner lot, this

  Fred Sengstacke KAIZEN Realty, LLC

  4301 University St, Memphis, TN 38127
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  /12

  $52,000

  $20K PRICE DROP

  • Land
  • 1.83 Acres
  • $28,415 per Acre

  00 Raleigh Millington Rd, Memphis, TN 38128

  Almost 2 acres in a great location.

  Alex Da Ponte Sowell, Realtors

  00 Raleigh Millington Rd, Memphis, TN 38128
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  /15

  $125,000

  • 2 Beds
  • 2 Baths
  • 817 Sq Ft

  6747 Quail Hollow Ct Unit 2, Memphis, TN 38120

  Great second floor 2 bedroom 2 bath flat in heart of East Memphis - Poplar and Kirby and Neshoba Minutes from Germantown - parks- shopping - restaurants Wonderful Location New floors and fresh paint - New stainless Fridge and oven New Granite countertops New washer and dryer included Why rent when you can own.. come see today !!! Move In Ready - Immediate Occupancy

  David Kam KAIZEN Realty, LLC

  6747 Quail Hollow Ct Unit 2, Memphis, TN 38120
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  /12

  $135,000

  • 3 Beds
  • 2 Baths
  • 1,451 Sq Ft

  3746 Clarke Rd, Memphis, TN 38115

  Contemporary 3 bedroom 2 bath ready for your magic touch! Very large lot. Vaulted Greatroom w/ FP. Lots of windows. Needs full makeover. Cash or Rehab offers only. Owner Occupant offers will be responded to after 7 days on the market and Investor offers responded after 30 days.

  Scott Housewirth Crye-Leike Inc., REALTORS

  3746 Clarke Rd, Memphis, TN 38115
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  /23

  $149,900

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 809 Sq Ft

  2981 N Radford Rd, Memphis, TN 38114

  Newly renovated and move-in ready! This updated home is perfect for first-time homebuyers or investors seeking a turnkey opportunity. Recent improvements include a new HVAC system, new windows, luxury vinyl plank flooring throughout, modern light fixtures, and a stylish kitchen featuring new cabinetry and updated finishes. The beautifully renovated bathroom offers attractive tilework, and a

  Cali Neal KAIZEN Realty, LLC

  2981 N Radford Rd, Memphis, TN 38114
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  /25

  $115,000

  • 1 Bed
  • 1 Bath
  • 487 Sq Ft

  109 N Main St Unit 808, Memphis, TN 38103

  Live in the heart of downtown Memphis at the historic Claridge House on North Main! This freshly painted cozy studio condo offers stunning north-facing views of the city skyline and the iconic Pyramid. Enjoy a bright, open layout with updated modern lighting, a stylish backsplash, and brand-new kitchen appliances. The building is rich in amenities, including an indoor pool, gym, storage, rooftop

  Donnie Morrow eXp Realty, LLC

  109 N Main St Unit 808, Memphis, TN 38103
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  /2

  $134,900

  $20K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,232 Sq Ft

  4305 Creekbed Cove, Memphis, TN 38141

  Motivated seller offering a recently vacated property in 38141. A rehab will be needed. Available individually or as part of a portfolio with strong-performing assets. 4566 Fawn Hollow Cv. listed at $160,000 and rented at $1425. This is a great opportunity to expand your rental portfolio. Sold AS-IS. Viewings can be scheduled with the listing agent.

  James Johnson Crestcore Realty, LLC

  4305 Creekbed Cove, Memphis, TN 38141
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  /13

  $99,000

  $25K PRICE DROP

  • 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
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  /17

  $75,000

  $10K PRICE DROP

  • 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
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  /13

  $149,950

  $5K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,321 Sq Ft

  3873 Dante Ave, Memphis, TN 38128

  Move-in ready investment or owner-occupant opportunity! Currently tenant occupied with Section 8 income at $1,350/month but could potentially be owner-occupied in the future. No major repairs needed. FHA, VA & conventional financing considered. Features flexible living space, strong rental history & convenient Memphis location near shopping, schools & major roads. Great cash flow potential for

  Glenn McDonald Integrated Assets

  3873 Dante Ave, Memphis, TN 38128
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  /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
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  /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
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  /11

  $145,000

  • 2 Beds
  • 1 Bath
  • 1,385 Sq Ft

  745 Holly St, Memphis, TN 38112

  Rare English cottage gem on the quietest st in the Hein Park/Rhodes college area! Home is tip top updated electrical and new roof and refinished floors. Home was lovingly cared for over the years. Move in ready but ready to update to your tastes Home just appraised for $169k by Howard Davis Appraisals and could easily jump to $200k with updates. So priced to walk into instant equity. Hurry won't

  dave scott BHHS Taliesyn Realty

  745 Holly St, Memphis, TN 38112
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  /10

  $95,500

  • 3 Beds
  • 2 Baths
  • 1,552 Sq Ft

  4585 Double Tree Rd, Memphis, TN 38109

  The property features central heat and air, a roof approximately 10 years old, and reported good electrical and plumbing systems. Interior updates are needed, including kitchen and bathroom renovations, along with general cosmetic improvements, making this a great value-add opportunity for investors looking to increase equity and rental income. Sold as is no contingencies.

  Henry Pineda Fast Track Realty, LLC

  4585 Double Tree Rd, Memphis, TN 38109
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  /35

  $49,800

  $10K PRICE DROP

  • 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
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  /31

  $79,900

  $20K PRICE DROP

  • 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
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  /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
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  /21

  $54,990

  $2K PRICE DROP

  • 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
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  /4

  $30,000

  • 3 Beds
  • 1 Bath
  • 1,450 Sq Ft

  817 S Parkway E, Memphis, TN 38106

  Terrific Opportunity to buy this fixer upper! Once rehabbed this home could be worth a lot of money. Nice location that is convenient to everything. Home has a large front porch, big backyard, and ideal floor plan. Property being sold as-is, where-is. Could be a great long term rental or just fix it up and live in it! Seller won't make repairs. Please do all inspections up front...cash offers

  Tyler Tapley Crye-Leike, Inc., REALTORS

  817 S Parkway E, Memphis, TN 38106
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  /14

  $68,900

  $6K PRICE DROP

  • 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
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  /12

  $59,900

  $10K PRICE DROP

  • 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
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  /15

  $135,000

  New Construction $30K PRICE DROP

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

  820 Semmes St, Memphis, TN 38111

  Three-bedroom, 2-bathroom home available to low- to moderate-income first-time homebuyers. NO investors. The buyer must meet the HUD 2026 80% AMI total household income requirement. See info in MLS docs. $10k downpayment assistance is available.

  Tammy Coleman Legendary Realty

  820 Semmes St, Memphis, TN 38111
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  /2

  $33,000

  $7K PRICE DROP

  • 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
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  /15

  $74,900

  $5K PRICE DROP

  • 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
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  /11

  $150,000

  • 3 Beds
  • 1.5 Baths
  • 1,258 Sq Ft

  2292 Delray Ave, Memphis, TN 38127

  Looking to buy your first home or to add to your rental portfolio? Look no further! Renovated 3 bed, 1.5 bath home in a great location for future tenant opportunities. Fresh interior updates including new flooring, fresh paint, renovated bathrooms, and new light fixtures throughout. HVAC 2024 and HWH 2023. Functional floorplan all on one level with separate living room, kitchen and separate

  Shannan McWaters The Firm

  2292 Delray Ave, Memphis, TN 38127
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  /6

  $152,000

  • 3 Beds
  • 1.5 Baths
  • 1,131 Sq Ft

  938 Bramblewood Ln, Memphis, TN 38109

  Charming and updated home for sale on a corner lot in the Westwood Downs neighborhood. Conveniently located near schools, retail and eateries. Home is ideal for a first-time home buyer or even an investor looking for a cash flowing property that was turnkey just a few years back. Recently leased for $1150. Call listing agent for details.

  Andrew Akins CB Properties of Memphis, LLC

  938 Bramblewood Ln, Memphis, TN 38109
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  /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
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  /5

  $95,900

  $4K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 960 Sq Ft

  2155 Curry Ave, Memphis, TN 38108

  Occupied investment opportunity with immediate cash flow. This 3 bedroom, 2 bathroom property is tenant occupied with an active lease through 5/31/2027 and currently generating $1,050 per month in rental income. A great addition to any rental portfolio with steady income already in place. Whether you are a seasoned investor or looking to expand your holdings, this property offers strong

  James Johnson Crestcore Realty, LLC

  2155 Curry Ave, Memphis, TN 38108
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  /17

  $45,000

  $35K PRICE DROP

  • 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
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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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  /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
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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
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  /2

  $130,000

  $20K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,800 Sq Ft

  4059 New Willow Rd, Memphis, TN 38111

  Lovely home newly renovated with new pant inside with a bonus new roof! Enjoy the spacious living rm, oversized eat in kitchen with built in stainless steel appliances, 2 bedrooms, 1 bath, and a fenced back yard that is perfect for entertaining and home bar -b ques! Call now, this one won't last long.

  Carol Tate Tate Realty and Construction

  4059 New Willow Rd, Memphis, TN 38111
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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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  /40

  $94,900

  $15K PRICE DROP

  • 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
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  /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
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  /20

  $64,900

  $3K 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. Secure gated property with security gates. It is a CO-OP not a Condo. NO long or short term RENTALS are allowed in the Walnut Grove Apartments.

  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

  $80,000

  $15K 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

Showing Results 641 - 680, Page 17 of 18