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

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  $150,000

  $19K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,103 Sq Ft

  1107 McEvers Rd, Memphis, TN 38111

  Check out this cozy 2 bedroom 1 bath bungalow in the heart of the University of Memphis area on a large lot. Over 1,100 sq. ft. of living space featuring hardwood floors, fresh paint inside/out, a renovated bathroom, new windows, new HVAC, new roof, and much more. All appliances to stay including washer and dryer.

  Fredrick Cunningham Keller Williams

  1107 McEvers Rd, Memphis, TN 38111
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  $119,000

  $9K PRICE DROP

  • 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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  $7,500

  • Land
  • 6,969 Sq Ft
  • $46,875 per Acre

  0 Agnes Ave, Memphis, TN 38104

  Great opportunity to build a home or investment property on this vacant lot in Memphis. Buyer to verify lot dimensions, zoning, utilities, and any building requirements. Convenient access to major roadways and local amenities.

  Crystal Mitchell Renshaw Company, REALTORS

  0 Agnes Ave, Memphis, TN 38104
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  $119,900

  • Land
  • 41.55 Acres
  • $2,886 per Acre

  0 Northaven Dr, Memphis, TN 38127

  Over 41 acres of wooded land in the Northhaven community. Ten minute drive to Shelby Forest State Park.

  Robert Grisham Bluff City Realty Group, LLC

  0 Northaven Dr, Memphis, TN 38127
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  /2

  $19,000

  • Land
  • 10,018 Sq Ft
  • $82,609 per Acre

  1720 Airways Blvd, Memphis, TN 38114

  Excellent location for new construction. Conveniently located!

  Terrance Hill eXp Realty, LLC

  1720 Airways Blvd, Memphis, TN 38114
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  /2

  $136,500

  $6K PRICE DROP

  • 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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  $84,900

  $20K PRICE DROP

  • 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.

  LaQuita Jordan Trelora Realty

  2588 Wellons Ave, Memphis, TN 38127
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  $98,850

  $16K PRICE DROP

  • 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. Owner is getting property for the new owner.

  Douglas Bentley Good Shepherds Realty & Invest

  1737 S Trezevant St, Memphis, TN 38114
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  /2

  $4,000

  • Land
  • 5,662 Sq Ft
  • $30,769 per Acre

  1047 Latham St, Memphis, TN 38106

  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 inareas experiencing continued revitalization and strong rental demand. Portfolio includes the following properties:

  Austin Rowe Onward Real Estate

  1047 Latham St, Memphis, TN 38106
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  /7

  $135,000

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

  2552 Ogden Ave, Memphis, TN 38112

  Tenant-occupied property generating $1200/month with a lease in place through July 2028, including a price increase to $1,260 starting Aug. 2027, 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. The property is professionally managed and offers strong rental potential

  Bradley Puckett CB Properties of Memphis, LLC

  2552 Ogden 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 CCIM Braden, Braden & Braden LLC

  597 Alabama Ave, Memphis, TN 38105
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  $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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  /15

  $104,500

  • 3 Beds
  • 2 Baths
  • 1,616 Sq Ft

  812 S Greer St, Memphis, TN 38111

  Perfect BRRRR or flip opportunity for investors looking in the desirable 38111 zip code near U of M! Home was recently vacated by a long-term tenant. HVAC is 2018 and roof less than 10 years old. Agent owned. Call listing agent for details!

  Andrew Akins CB Properties of Memphis, LLC

  812 S Greer St, Memphis, TN 38111
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  $19,200

  $2K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,188 Sq Ft

  1436 College St, Memphis, TN 38106

  If you have been looking for a project, look at this one! Three bedroom, one bathroom. Home is uninhabitable at this time. Being sold for lot value. RESERVE AUCTION PROPERTY- Property sold “AS-IS” without contingencies, repairs, warranties, guarantees or representation as to listing accuracy, property information, photo or other depiction included or described herein. Inspect before bidding.

  Lori Brown Realhome Services & Solutions

  1436 College St, Memphis, TN 38106
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  $150,000

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 999 Sq Ft

  2675 Woodlawn Terrace, Memphis, TN 38127

  Welcome to this charming 3-bedroom, 2-bath home nestled in a quiet, established neighborhood. From the inviting front porch—perfect for relaxing with your morning coffee or unwinding in the evening—to the spacious backyard ideal for entertaining, gardening, or play, this home offers comfort both inside and out. With plenty of living space and a warm, welcoming atmosphere, it's the perfect place

  Karla Fayne Keller Williams

  2675 Woodlawn Terrace, Memphis, TN 38127
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  $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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  $75,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 696 Sq Ft

  4051 Chelsea Ave, Memphis, TN 38108

  THIS IS NICE 2 BEDROOM AND 1 BATH HOME THAT OFFERS LARGE BACKYARD AND LOCATED ACROSS THE STREET FROM RAILROAD TRACK. THIS HOME WAS UPDATED IN PREVIOUS YEARS AND OFFERS LARGE BEDROOMS.

  Juan Brooks Process Realty Services

  4051 Chelsea Ave, Memphis, TN 38108
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  /27

  $105,000

  $10K PRICE DROP

  • 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

  $5K PRICE DROP

  • 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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