1,576

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

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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
  • /14

    $135,500

    $10K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,692 Sq Ft

    3784 Mccain Rd, Memphis, TN 38109

    Almost 1,700 sf with a great floor plan that includes 4 bedrooms and 2 full baths. 3 bedrooms and 1 bath are at the front of the house. The primary bedroom and bath are in the rear of the house. The kitchen and baths have been updated. There is also a large family room with gas log fireplace. The sliding door in the family room opens to a covered patio. The house needs some cosmetic updating and

    Mike Dalton Crye-Leike, Inc., REALTORS

    3784 Mccain Rd, Memphis, TN 38109
  • /15

    $65,000

    • 3 Beds
    • 1 Bath
    • 1,230 Sq Ft

    2757 Steele St, Memphis, TN 38127

    Large 3 bedroom home with living room, den, dining room, and detached storage building with garage. Home has wood floors and it is being offered at a great price. Home has big front yard and very convenient location. Excellent opportunity to buy this home at a great price, rehab it and flip it, BRRRR it, or just make it your primary residence. Utilities are on. ONLINE VIDEO AVAILABLE UPON

    Tyler Tapley Crye-Leike, Inc., REALTORS

    2757 Steele St, Memphis, TN 38127
  • /11

    $118,000

    $12K PRICE DROP
    • 4 Beds
    • 1.5 Baths
    • 1,481 Sq Ft

    556 Melton Ave, Memphis, TN 38109

    This property is leased at $1,275 per month ($15,300 annually) through 07/31/2026, with a cash-on-cash return of 6.17% and a monthly cash flow of $200.37. "All investment figures are estimates and verified independently by buyer." Investor-friendly single-family opportunity in Memphis offering strong rental potential and long-term appreciation. The home features a functional layout with spacious

    James Wachob Foundation Property Management

    556 Melton Ave, Memphis, TN 38109
  • /3

    $31,000

    $3K PRICE DROP
    • 4 Beds
    • 1 Bath
    • 1,398 Sq Ft

    1311 Englewood St, Memphis, TN 38106

    Priced to sell. Sold as-is. 4-bedroom home with a bonus room. Seller started renovations but did not finish; repairs needed. Will not qualify for FHA or VA financing.

    Virgil Pryor Harris Realty Services

    1311 Englewood St, Memphis, TN 38106
  • /2

    $10,000

    • Land
    • 7,840 Sq Ft
    • $55,556 per Acre

    0 Clifton Ave, Memphis, TN 38127

    Excellent opportunity for investors or builders to develop on this Memphis lot. Ideal for a new construction rental or resale property, with a convenient location close to everyday amenities and easy access to major highways.

    Crystal Mitchell Renshaw Company, REALTORS

    0 Clifton Ave, Memphis, TN 38127
  • /8

    $125,000

    • 2 Beds
    • 1 Bath
    • 1,358 Sq Ft

    950 Birch St, Memphis, TN 38108

    Tenant-occupied investment property with immediate rental income potential. This 3-bedroom, 1-bath home offers a practical layout, spacious living areas, and a large backyard. Conveniently located near everyday amenities and major transportation corridors. Do not disturb tenant. Contact listing agent for additional information.

    Palmer Gardner CrestCore Realty MphsBrokerage

    950 Birch St, Memphis, TN 38108
  • /2

    $9,500

    • Land
    • 5,662 Sq Ft
    • $73,077 per Acre

    1440 Woodward St, Memphis, TN 38106

    Single family lot itself holds strong value with plenty of rehabs and new construction happening nearby. No seller disclosures.

    Donnie Morrow eXp Realty, LLC

    1440 Woodward St, Memphis, TN 38106
  • /27

    $125,000

    • 4 Beds
    • 2 Baths
    • 1,437 Sq Ft

    5315 Braden Dr, Memphis, TN 38127

    Seller offering to pay 3% of buyer’s closing costs with an acceptable offer! Walk into this fully renovated 4-bedroom, 2-bathroom home with no city taxes and a layout that feels open and inviting from the start. The interior features all new flooring, brand-new windows, and fresh paint throughout, giving the home a clean, updated feel. The kitchen has been completely redone with new cabinets,

    Juan Torres Fast Track Realty, LLC

    5315 Braden Dr, Memphis, TN 38127
  • /5

    $99,900

    • 3 Beds
    • 1 Bath
    • 860 Sq Ft

    827 Par Ave, Memphis, TN 38127

    INVESTORS ONLY!!! Lovely 3bed 1 bath home currently rented at $950/mo. This could be a great addition to your portfolio. Home was substantially rehabbed in 2022. Roof, A/C, and water heater should all be less than 10 years old. No sign in the yard. Please do not disturb or approach the tenant. Professionally managed --- Leases, ledgers repair history available upon request. NO SHOWINGS WITHOUT AN

    Tyler Tapley Crye-Leike, Inc., REALTORS

    827 Par Ave, Memphis, TN 38127
  • /15

    $109,900

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

    810 Northaven Dr, Memphis, TN 38127

    Great Investment Property! County Taxes Only! Professionally Managed! Investors only, tenant occupied don't disturb tenants.Pictures are before tenant moved in. 3bd/1bath renovated in 2022 with new tile floors, updated bathroom, new cabinets & countertops in kitchen, and fenced corner lot. Currently rented at $1050 and tenant in lease until 8/2026. Could be a great investment to your portfolio or

    Monica Bynum Crye-Leike, Inc., REALTORS

    810 Northaven Dr, Memphis, TN 38127
  • /7

    $85,000

    • 3 Beds
    • 1 Bath
    • 1,300 Sq Ft

    2331 Dexter Ave, Memphis, TN 38108

    Sherry Scott-Chambers Crye-Leike, Inc., REALTORS

    2331 Dexter Ave, Memphis, TN 38108
  • /6

    $9,900

    $89K PRICE DROP
    • Land
    • 7,405 Sq Ft
    • $58,235 per Acre

    66 E Gage Ave, Memphis, TN 38109

    Vacant residential corner lot at E Gage Ave and Shelby St in South Memphis. Approx. 50 X 150 lot, about 7,500 sq ft, Lot 24 Block 16, South Memphis Land Co Westside Subdivision. Frontage on E Gage Ave in an established residential area.

    Christine Eisenberg Continental Real Estate Group

    66 E Gage Ave, Memphis, TN 38109
  • /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
  • /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
  • /2

    $30,000

    $10K PRICE INCREASE
    • 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
  • /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
  • /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
  • /4

    $36,000

    • 3 Beds
    • 1.5 Baths
    • 1,547 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
  • /30

    $84,900

    $15K PRICE DROP
    • 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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