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

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  $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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  /2

  $75,900

  • 2 Beds
  • 1 Bath
  • 1,020 Sq Ft

  961 Joseph Place, Memphis, TN 38107

  Fantastic investment opportunity in the Shelby area. This 2br/1 bath single-family home is in the 38107 area. With a monthly rental amount of $850/month. The lease ends on 8/15/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  961 Joseph Place, Memphis, TN 38107
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  /5

  $120,000

  • 4 Beds
  • 2 Baths
  • 1,000+ Sq Ft

  944 Alice Ave, Memphis, TN 38106

  Charming home located in Memphis, TN, offering a welcoming atmosphere with its spacious living areas and abundant natural light. The property features 4 bedrooms and 2 bathrooms, providing ample space for all your needs. Enjoy the convenience of a well-appointed kitchen, a cozy living room, and a lovely backyard appropriate for outdoor activities. The home is situated in a friendly neighborhood

  Steven Koleno Beycome Brokerage Realty LLC

  944 Alice Ave, Memphis, TN 38106
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  /2

  $7,000

  • Land
  • 3,920 Sq Ft
  • $77,778 per Acre

  1391 College St, Memphis, TN 38106

  This area is more than an address—it’s the heartbeat of culture and soul. From the legendary Stax Museum and iconic Beale Street to the inspiring National Civil Rights Museum, every corner hums with history, music, and meaning. Just miles away: Mississippi Boulevard Christian Church + Meharry Medical College launch a $310M Midtown makeover—big growth is coming! Parcel # - 014037 00009

  Karen Walker Epique Realty

  1391 College St, Memphis, TN 38106
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  /2

  $105,000

  • 3 Beds
  • 1 Bath
  • 1,020 Sq Ft

  1863 Willow Wood Ave, Memphis, TN 38127

  Welcome to 1863 Willow Wood Avenue in Memphis! This 3-bedroom, 1-bath property offers a strong opportunity for investors seeking a solid addition to their portfolio. Featuring a functional layout with spacious living areas and well-sized bedrooms, this home is well-suited for steady rental income and long-term value. The property also includes a sizable yard with potential for future improvements

  James Wachob Foundation Property Management

  1863 Willow Wood Ave, Memphis, TN 38127
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  /3

  $54,400

  • 2 Beds
  • 1 Bath
  • 793 Sq Ft

  1983 Hubert Ave, Memphis, TN 38108

  Investors! Welcome to a lovely 2 Bed/1 Bath rental that is cash flowing at $725 per month! Located close to entertainment and commerce, this neighborhood is prime for growth. The current lease runs through 07/01/2026, so don't miss this opportunity to expand your portfolio!

  Joshua Cooper Sowell, Realtors

  1983 Hubert Ave, Memphis, TN 38108
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  /2

  $4,200

  • Land
  • 3,484 Sq Ft
  • $52,500 per Acre

  47 W Gage Ave, Memphis, TN 38109

  Cleared vacant land for sale, ready for development with level terrain and convenient street access. Seller financing options available. Previously bought in tax sale. buyer responsible for endorsement fee.

  Virgil Pryor Harris Realty Services

  47 W Gage Ave, Memphis, TN 38109
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  $77,500

  • 3 Beds
  • 1.5 Baths
  • 1,238 Sq Ft

  3637 Neely Rd, Memphis, TN 38109

  Welcome to this beautifully maintained 3-bedroom, 1.5-bathroom single-family home. Featuring gleaming hardwood floors throughout, this home offers both warmth and character. The large backyard provides ample space for outdoor activities and gatherings, making it perfect for entertaining. With generous living spaces, well-appointed bedrooms, and updated bathrooms, this home is a perfect blend of

  Alexis Martz Trelora Realty

  3637 Neely Rd, Memphis, TN 38109
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  /2

  $9,000

  • Land
  • 5,227 Sq Ft
  • $75,000 per Acre

  829 Porter St, Memphis, TN 38126

  Portfolio List Price: $185,000 Rare opportunity to acquire a portfolio of infill land parcels across established and growing Memphis neighborhoods, ideal for new construction, build-to-rent communities, or long-term investment. Several parcels are clustered, allowing for scalable or phased development strategies in areas experiencing continued revitalization and strong rental demand. Portfolio

  Austin Rowe Onward Real Estate

  829 Porter St, Memphis, TN 38126
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  /2

  $88,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3711 Wolf Trail Dr, Memphis, TN 38128

  PACKAGE SALE. FOUR properties. DRIVE-BY ONLY!!! No sign on properties. TENANT RIGHTS. DO NOT DISTURB TENANTS!!! Package includes 3711 Wolf Trail Cv, 3763 Clearbrook St, 4616 Blanding Dr and 4243 Sunnyslope. All properties rented & occupied. Total purchase price is $479,600. Combined monthly rent collected $4482. Text or call listing agent for more details. Properties NOT being sold separately. No

  Brook Loper 901 Properties

  3711 Wolf Trail Dr, Memphis, TN 38128
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  $79,900

  • 3 Beds
  • 1 Bath
  • 1,003 Sq Ft

  401 Bonita Dr, Memphis, TN 38109

  Welcome to 401 Bonita Dr in Memphis! This single-family ranch-style home offers a great opportunity to make it your own. Featuring 3 bedrooms and 1 bathroom, the home includes hardwood and laminate flooring, neutral colors, and plenty of natural light throughout. The kitchen is ready for your personal touch—bring your favorite appliances or consider a full remodel to create the cooking space

  Christopher Stjernholm Trelora Realty

  401 Bonita Dr, Memphis, TN 38109
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  /2

  $70,000

  • 3 Beds
  • 1 Bath
  • 850 Sq Ft

  1409 Gold Ave, Memphis, TN 38106

  PERFECT FOR AN INVESTOR-TENANT OCCUPIED WITH A 24-HOUR NOTICE TO SHOW; TENANT WITH NEW LEASE PAYING $1,000 A MONTH. PROPERTY HAS BEEN RENOVATED. CAN BE SOLD AS A PACKAGE WITH 1402 GOLD ST, 2394 WARREN ST AND 3552 MOUNTAIN TERRACE.

  Brooke Boone Harris & Harris Realty Group

  1409 Gold Ave, Memphis, TN 38106
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  /3

  $5,000

  • Land
  • 20,908 Sq Ft
  • $10,417 per Acre

  0 N 2nd St, Memphis, TN 38103

  This is a package of two parcels for $33,000. Parcel ID# 039030 00001C (this listing) and parcel ID# 039031 00004C (land to the north) Seller does not have a survey or any additional documentation. Pictures of lot are approximate. Buyer to do their own due diligence.

  Debbie Holtermann Coldwell Banker Collins-Maury

  0 N 2nd St, Memphis, TN 38103
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  /14

  $79,900

  • 2 Beds
  • 1 Bath
  • 1,233 Sq Ft

  761 Moon St, Memphis, TN 38111

  Investor special priced to sell!! This 1,200+ SF home offers incredible potential for an investor or owner occupant looking to add value with cosmetic updates. Whether you're searching for your next flip, long term rental, student housing opportunity, or future family home, this property checks all the boxes. Located just minutes from the University of Memphis, the area continues to see strong

  Tyler Bowman Weichert, REALTORS-BenchMark

  761 Moon St, Memphis, TN 38111
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  /3

  $65,000

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

  3606 Orange Blossom Ct Unit 61, Memphis, TN 38118

  Cozy and charming 2 bed 2 bath condo. This home has a pantry, laundry area, living room with fireplace, dining area and private patio. This home has additional parking on the front.

  Kimberly Leake Tri-Leake Realty

  3606 Orange Blossom Ct Unit 61, Memphis, TN 38118
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  /16

  $70,000

  • 3 Beds
  • 1 Bath
  • 836 Sq Ft

  1510 Hindman Ave, Memphis, TN 38127

  Great 3 Bedroom, 1 Bath starter home, investment home or single family home. Needs painted, and new flooring installed. Can make this one how you want it! Call me today to view this home.

  Jennifer Boyd Heritage Homes Co.

  1510 Hindman Ave, Memphis, TN 38127
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  /2

  $29,900

  • Land
  • 27,747 Sq Ft
  • $46,939 per Acre

  0 W Hollyford Rd, Memphis, TN 38114

  Parcel ID 06011300000150

  Kristy Liles eXp Realty

  0 W Hollyford Rd, Memphis, TN 38114
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  /6

  $89,900

  • 3 Beds
  • 1 Bath
  • 1,039 Sq Ft

  4324 Falcon Dr, Memphis, TN 38109

  Investor Special! This 3-bed, 1-bath brick ranch in Coro Lake is a prime candidate for your next portfolio addition. Features include original hardwoods, an eat-in kitchen, and an attached 1-car carport. Sold as-is—bring your vision and cash offers to this high-potential Chickasaw Village opportunity.

  Alexis Martz Trelora Realty

  4324 Falcon Dr, Memphis, TN 38109
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  /3

  $135,000

  • 4 Beds
  • 2 Baths
  • 1,635 Sq Ft

  1170 Shadowline Dr, Memphis, TN 38109

  Great opportunity to add to your investment portfolio. This low-maintenance brick 4 bedroom, 2 bath home is tenant occupied and professionally managed. Current tenant has been in place since February 2018 at $1,250/month with a security deposit of $895. Lease is in place through February 28, 2027. Property is being sold as-is with tenant in place. Showings will be scheduled after an accepted

  Camela Henke Enterprise, REALTORS

  1170 Shadowline Dr, Memphis, TN 38109
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  /34

  $109,900

  • 3 Beds
  • 1 Bath
  • 1,044 Sq Ft

  4033 Clearpool Circle Rd, Memphis, TN 38118

  This 1,044 sqft residence, built in 1950, features a traditional 3-bedroom, 1-bathroom interior in the Parkway Village area. Original hardwood flooring spans the living spaces, accented by a character-filled arched entryway that leads from the living room into the kitchen and dining area. The living room is anchored by a focal point stone and large brick fireplace. The kitchen and dining room are

  Tiffany Jones Trelora Realty

  4033 Clearpool Circle Rd, Memphis, TN 38118

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