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

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  $149,900

  • 3 Beds
  • 2 Baths
  • 1,297 Sq Ft

  3082 Bluffdale St, Memphis, TN 38118

  Available now! Great home for homeowner or investor. Newly renovated and move-in ready. Spacious eat-in kitchen with dining room, separate living room, hardwood throughout, 2 car carport, large fenced-in backyard. Convenient location. House has just been freshly painted (Nov 2025) and cleaned and is move-in ready! Call today!

  Jeremy Veldman KAIZEN Realty, LLC

  3082 Bluffdale St, Memphis, TN 38118
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  $145,000

  • 4 Beds
  • 2 Baths
  • 1,392 Sq Ft

  2283 Cassie Ave, Memphis, TN 38127

  1% CASH FLOW- ONE YEAR BUILDER WARRANTY and TENANT PLACEMENT. MHA RENT $1450.00- 4 BR 2 Bath home fully renovated, completed 1-15-2026. New roof, exterior paint, new floors, bathrooms, and kitchen, LVT and tile flooring, new condenser, new furnace, hot water heater, lighting, and fixtures. Can be sold as a pkg with the following MLS listings: 10212251, 10212252, 10212254, 10212255. No owner

  Brett Bernard The Stamps Real Estate Company

  2283 Cassie Ave, Memphis, TN 38127
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  $26,000

  • 3 Beds
  • 2 Baths
  • 967 Sq Ft

  1339 Stonewall St, Memphis, TN 38108

  This 3-bedroom, 2-bath property offers a opportunity for buyers or investors seeking a customizable space. Featuring a flexible layout, this home is ready for your vision and creativity. Ideal for renovation, redesign, or a personalized build out. Whether you’re looking to invest or create a home tailored to your style, this property delivers outstanding potential.

  Jonathan Nunez Fast Track Realty, LLC

  1339 Stonewall St, Memphis, TN 38108
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  /5

  $69,900

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

  4472 Rachael Rd, Memphis, TN 38127

  Why do the 1% rule when you can do better! Property rented out for $1000/month on a month-to-month. Charming 3 bedroom, 1 bath home in a quiet neighborhood that offers immediate cash flow. HVAC, electrical and plumbing upgrades done 3 years ago. Roof is 1 year old. No showings without accepted offer. DO NOT DISTURB TENANT. Sale is as-is.

  Farris Ibrahim Renshaw Company, REALTORS

  4472 Rachael Rd, Memphis, TN 38127
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  $125,000

  • 3 Beds
  • 1 Bath
  • 1,126 Sq Ft

  3447 Cook Rd, Memphis, TN 38109

  Fully renovated home in South Memphis near Downtown and the Airport. Ideal for an investor looking to add a cash-flowing, low-maintenance investment property to their portfolio. Call the listing agent for more information.

  Bradley Puckett CB Properties of Memphis, LLC

  3447 Cook Rd, Memphis, TN 38109
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  $8,000

  • Land
  • 1.7 Acres
  • $4,706 per Acre

  0 Felton Rd, Memphis, TN 38128

  Excellent opportunity to build in a developed neighborhood. These two adjacent lots offer approximately 1.7 acres combined (just under an acre each), providing plenty of space for your vision. Whether you’re considering a custom home, investment build, or future development, this property offers flexibility and potential in a convenient Memphis location. Purchase one lot or secure both for added

  Daniel Demers Sell Your Home Services, LLC

  0 Felton Rd, Memphis, TN 38128
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  $28,850

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  1404 Preston St, Memphis, TN 38106

  PRICE REDUCED OWNER MOTIVATED! GREAT INVESTMENT OR FIRST TIME HOMEBUYERS. HOME BEING SOLD AS-IS WHERE-IS WITH NO EXPRESSED WARRANTIES. SELLER(S) HAS OTHER PROPERTIES. IF YOUR BUYER SHOULD PURCHASE BOTH PROPERTIES AT 1 TIME SELLER(S) WILL OFFER A DISCOUNT CHECKOUT 3909 FIZER (LAND) CALL NOW, SELLERS ARE MOTIVATED

  Helen Jackson Good Shepherds Realty & Invest

  1404 Preston St, Memphis, TN 38106
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  $48,000

  • 1 Bed
  • 1 Bath
  • 696 Sq Ft

  2829 Los Gatos Ct Unit 1, Memphis, TN 38115

  Sold as-is. Perfect opportunity for a very nice 1B 1BA downstairs flat. Beautifully renovated BA .Washer and dryer connection. All appliances including refrigerator stays. Conveniently close to I-240 and TN-385. Tenant occupied paying $845/mo. Lease runs through Oct. 2026. Please Do Not Disturb tenants. No showing without an accepted offer. Lender required repairs only. Cash or Conventional only!

  Tenia McIntosh REMAX Experts

  2829 Los Gatos Ct Unit 1, Memphis, TN 38115
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  $140,000

  • 2 Beds
  • 1 Bath
  • 883 Sq Ft

  4635 Monaco Rd, Memphis, TN 38117

  Terrific Colonial Acres opportunity! This lovely 3/1 home features adorable curb appeal, beautiful hardwood floors throughout, updated lights and fixtures, a terrific floor plan, a great back yard and so much more! The property was remodeled in 2024 and is being offered at a great price! Seller has multiple properties for sale: Please see documents for details.

  William Haynes Crye-Leike, Inc., REALTORS

  4635 Monaco Rd, Memphis, TN 38117
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  $130,000

  • 2 Beds
  • 1 Bath
  • 883 Sq Ft

  4672 Given Ave, Memphis, TN 38122

  Great investment opportunity. Active lease in place. Do not disturb tenant. Inspection to be made once offer has been accepted. Currently leased at $1,200 with a lease expiration of 10/31/2026. No creative finance offers. No sign in yard. Property is 2 bedrooms, 1 bathroom, spacious living room that opens to dining area. Fully kitchen with stove, fridge dishwasher, washer and dryer. The primary

  Jon Dickens The Firm

  4672 Given Ave, Memphis, TN 38122
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  $109,900

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

  1640 Portland Ave, Memphis, TN 38127

  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

  1640 Portland Ave, Memphis, TN 38127
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  $75,000

  • Land
  • 0.16 Acre
  • $468,750 per Acre

  743 E Pontotoc Ave, Memphis, TN 38126

  This listing is for 2 home lots. 743 E Pontotoc Ave is just one of the 2 lots. Zoning is RU-4 on these lots. Buyer can building single family homes or possibly combine lots to build Multifamily. Call agent to get a flyer with a detailed map of the lots.Total Acreage of the 2 lots is .31 acres. We have 23 other lots in the immediate area offered in various group sizes.

  Chris Garland Crye-Leike, Inc., REALTORS

  743 E Pontotoc Ave, Memphis, TN 38126
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  $50,000

  • 2 Beds
  • 1 Bath
  • 675 Sq Ft

  862 Mosby Ave, Memphis, TN 38105

  Investor Alert: High-Potential Brick Shell in Medical District Attention serious investors - this 2-bedroom, 1-bath brick home offers a premier location-driven opportunity near I-40 and the Le Bonheur Children’s Hospital medical district. The property requires a full rehab and is being sold strictly Cash Only and As-Is, with no warranties provided. No assignments or wholesale inquiries. Once

  Tjuania Redmond Lawrence Johnson, REALTORS

  862 Mosby Ave, Memphis, TN 38105
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  $5,000

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

  1318 James St, Memphis, TN 38106

  Seller also selling 0 James (Parcel ID: 026028 00025) 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

  1318 James St, Memphis, TN 38106
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  $60,000

  • Land
  • 0.19 Acre
  • $315,789 per Acre

  2811 Frayser Blvd, Memphis, TN 38127

  Location Location Location! Suitable for many uses. Not far from Nika and Amazon. Don't miss out on this opportunity! **SCHEDULE YOUR PRIVATE SHOWING TODAY! BRING ALL OFFERS!!!** Other available lots 2777 Frayser Blvd. Parcel: 072107-00068 and 2793 Frayser Blvd. Parcel: 072107-00066

  Timika Montes de Oca Adaro Realty, Inc.

  2811 Frayser Blvd, Memphis, TN 38127
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  /2

  $3,995

  • Land
  • 0.08 Acre
  • $49,938 per Acre

  927 Crockett Place, Memphis, TN 38107

  UPTOWN LOT Ready to go!! Nice and flat with utilities at the road ready to build. Lots of new developments and property improvements going on in this area. Less than 10 minutes from downtown and convenient to I-40. Swing by anytime and take a look!

  Brad Beall Crye-Leike, Inc., REALTORS

  927 Crockett Place, Memphis, TN 38107
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  $124,900

  • 3 Beds
  • 1 Bath
  • 1,070 Sq Ft

  4844 Newton Dr, Memphis, TN 38109

  Welcome to 4844 Newton, a solid 3 bedroom, 1 bath investment property with a long-term, reliable tenant already in place and wishing to remain after the sale. Currently rented at $1,150/month, this home delivers immediate cash flow with minimal interruption. A perfect fit for investors seeking stable income in a strong rental market. Serious inquiries only. Proof of funds required for all

  Jessica Wright Key Connect Group, LLC

  4844 Newton Dr, Memphis, TN 38109
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  $35,000

  • 2 Beds
  • 1 Bath
  • 700 Sq Ft

  123 W Frank Ave, Memphis, TN 38109

  2BR/1BA Investment Opportunity! This AS-IS property features a brand-new roof, providing a strong start for your next rehab project. The interior needs a full renovation, offering the perfect blank slate to add value and customize finishes. Ideal for investors or contractors looking to capitalize on a solid structure. Rental comps in the area average around $800 p/mo.

  James Johnson Crestcore Realty, LLC

  123 W Frank Ave, Memphis, TN 38109
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  $145,000

  • 3 Beds
  • 2 Baths
  • 1,728 Sq Ft

  5064 Knight Arnold Rd, Memphis, TN 38118

  Check out this solid two story, 3 bedroom, 2 bath home that has been in the same family for over 50 years. This is not a flip, it is a true opportunity. The home has great bones and no major issues known, making it the perfect canvas to turn into your dream home. Enjoy a fully fenced yard and peace of mind with new windows installed just two years ago. If you have vision and want a home with

  Tina Andrade Fast Track Realty, LLC

  5064 Knight Arnold Rd, Memphis, TN 38118
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  $15,000

  • Land
  • 0.32 Acre
  • $46,875 per Acre

  3076 Travis Rd, Memphis, TN 38109

  Great opportunity for development in a sought after area. Regular residential lot available for sale. Buyer to verify all utilities, zoning and feasibility. No creative or owner financing.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3076 Travis Rd, Memphis, TN 38109

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