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

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  /18

  $75,000

  • 3 Beds
  • 1 Bath
  • 875 Sq Ft

  3604 Sunrise St, Memphis, TN 38127

  This semi renovated property has new exterior siding, trim, paint, roof, and windows. The interior is new....new flooring LVP flooring throughout, fresh paint interior, new bathroom and kitchen! It still needs HVAC, water heater, and electrical fixtures. There are no utilities and seller will not turn on utilities. Please do your due diligence prior to submitting an offer. No wholesalers, seller

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  (901) 665-2446

  3604 Sunrise St, Memphis, TN 38127
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  /29

  $94,500

  • 3 Beds
  • 2 Baths
  • 1,400+ Sq Ft

  4787 Townhouse Way, Memphis, TN 38118

  Newly Renovated Condo located in East Memphis. Section 8 Tenant in place for $997, MHA Approved on 9/30/25. Property is 3 Bedrooms 2 baths, 1 Bedroom downstairs and 2 Upstairs. Property was Purchased in a Tax Sale, Seller has owned the property less than a Year (Buyer Must close with Saddle Creek Only) Title Insurance can possibly be Purchased with an Attached Risk Endorsement Policy. This

  

  Tara Woodley

  Zach Taylor Real Estate

  (901) 295-3713

  4787 Townhouse Way, Memphis, TN 38118
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  /2

  $100,000

  • 2 Beds
  • 1 Bath
  • 1,200+ Sq Ft

  1060 Forrest Ave, Memphis, TN 38105

  Great investment opportunity-Investors this is one for the books! Located Downtown and minutes from the Medical District. As-Is Sale. Bring all offers!

  

  Tammy Taylor

  KAIZEN Realty, LLC

  (901) 660-5421

  1060 Forrest Ave, Memphis, TN 38105
• 

  

  /2

  $118,000

  • 3 Beds
  • 1 Bath
  • 1,200+ Sq Ft

  828 Floyd Ave, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $825/mo. Professionally managed. Lease expires on 3/30/26.

  

  Caleb Hall

  Keller Williams

  (901) 902-5053

  828 Floyd Ave, Memphis, TN 38127
• 

  

  /2

  $103,000

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

  3294 Benjestown Rd, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $900/mo. Professionally managed. Lease expires on 1/30/26

  

  Caleb Hall

  Keller Williams

  (901) 676-8719

  3294 Benjestown Rd, Memphis, TN 38127
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  /7

  $50,000

  • Land
  • 0.11 Acre
  • $454,545 per Acre

  1902 E Mclemore Ave, Memphis, TN 38114

  Bring All Offers! GLENVIEW! This cleared lot is ready for your new construction build. The seller has already developed two neighboring properties adjacent to 1902 E. McLemore, providing an ideal reference for design, value, and build potential. Architectural plans and a recent appraisal have been completed and are included in the sales price, offering a turnkey opportunity for builders or

  

  Realis Sanders

  Keller Williams

  (901) 445-8505

  1902 E Mclemore Ave, Memphis, TN 38114
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  /2

  $78,000

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

  607 Burlington Cir, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $800/mo. Professionally managed. Lease expires on 7/31/2026

  

  Caleb Hall

  Keller Williams

  (901) 675-6680

  607 Burlington Cir, Memphis, TN 38127
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  /9

  $12,000

  • Land
  • 0.16 Acre
  • $75,000 per Acre

  761 Nonconnah Rd, Memphis, TN 38109

  CORNER LOT for sale with lease to own option! Come see this beautiful corner lot and decide how you want to use this vacant land. The lot is located in a developed neighborhood and is close to restaurants, stores, shopping, and more. This sale is for land only. This is an Owner/Agent Property that is being sold "as is" and was purchased through a tax sale.

  

  Ken Cannon

  Crye-Leike of MS, Inc.

  (901) 883-6958

  761 Nonconnah Rd, Memphis, TN 38109
• 

  

  /20

  $103,000

  • 2 Beds
  • 1.5 Baths
  • 1,044 Sq Ft

  2344 N Orchid Dr Unit 33, Memphis, TN 38114

  This well maintained 2 bed, 1.5 bath condo in Orchid Manor was completely renovated and updated in 2022. With all of the upgrades done, it will be an awesome investment property for the new owner or fantastic owner occupant property. It has new bathrooms, an updated kitchen with appliances, low maintenance vinyl plank flooring in the the living area and kitchen, with carpet in the bedrooms. The

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  (901) 621-5079

  2344 N Orchid Dr Unit 33, Memphis, TN 38114
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  /11

  $120,000

  • 3 Beds
  • 2 Baths
  • 1,706 Sq Ft

  3221 Melbourne St, Memphis, TN 38127

  Move-in Ready & Priced to Sell! This well-maintained 3BR/2BA home sits on a spacious corner cove lot and offers a fantastic blend of comfort, space, and value. Inside, enjoy a bright living room plus a huge 18x29' den, perfect for gatherings, a playroom, or a second living space. The cozy layout and modern updates make this home ideal for families and first-time buyers alike. A convenient one-car

  

  Heath West

  Crye-Leike, Inc., REALTORS

  (901) 425-0797

  3221 Melbourne St, Memphis, TN 38127
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  /2

  $110,000

  • 3 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  4825 Bridgedale Ave, Memphis, TN 38118

  Great Investment Property! Being sold AS-IS! No wholesalers! ARV is $175K. Market rents are $1,400 - $1,600. Drive by ONLY! Tenant occupied. DO NOT DISTURB THE TENANT! Leased at $1,150/month until 3/31/2026. Cash tenant. Make offers contingent on inspection. Copy of the lease & ledger available upon request. Make your offer today!

  

  Jordan Ray

  eXp Realty, LLC

  (901) 504-3843

  4825 Bridgedale Ave, Memphis, TN 38118
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  /2

  $65,000

  • Land
  • 0.53 Acre
  • $122,642 per Acre

  2011 Woodchase Cove, Cordova, TN 38016

  Rare find lot in the exclusive Woodchase Subdivision. Priced to sell!

  

  William Mitchell

  Crye-Leike, Inc., REALTORS

  (901) 641-1852

  2011 Woodchase Cove, Cordova, TN 38016
• 

  

  /17

  $125,000

  • 3 Beds
  • 1 Bath
  • 975 Sq Ft

  3284 Parham St, Memphis, TN 38127

  Welcome home! This awesome Move-in ready property would be great for owner occupants and investors alike. This 3 bed, 1 bath home features fresh paint, beautiful hardwood floors, and updated bathroom and kitchen! The two-car garage is huge and has an additional workshop/storage space. Schedule your viewing today before this one is gone!

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  (901) 675-5689

  3284 Parham St, Memphis, TN 38127
• 

  

  /19

  $125,000

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

  1100 Rozelle St, Memphis, TN 38106

  nvestor Alert! This fully renovated 3-bedroom, 1-bathroom home is the perfect addition to your portfolio. With all the heavy lifting already done, this property is ready to generate immediate cash flow or serve as a low-maintenance, long-term hold. Recent updates include brand-new flooring, fresh paint, modern fixtures, a completely updated kitchen with new appliances, and a fully remodeled

  

  Caleb Hall

  Keller Williams

  (901) 445-8139

  1100 Rozelle St, Memphis, TN 38106
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  /2

  $82,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  603 Burlington Cir, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $750/mo. Professionally managed. Lease expires on 7/30/25.

  

  Caleb Hall

  Keller Williams

  (901) 665-2674

  603 Burlington Cir, Memphis, TN 38127
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  /9

  $144,000

  • 5 Beds
  • 1.5 Baths
  • 3,400+ Sq Ft

  1276 Carr Ave, Memphis, TN 38104

  Charming Historic District Opportunity! This spacious 5-bedroom, 1.5-bath home offers timeless character and classic architecture in one of Memphis’ sought-after historic neighborhoods. Featuring generous room sizes, original details, and a functional layout, this property is brimming with potential. While it does need some TLC, it’s a fantastic opportunity for those looking to restore and

  

  Michael Tally

  Tally Real Estate Group, LLC

  (901) 660-3757

  1276 Carr Ave, Memphis, TN 38104
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  /3

  $150,000

  • Land

  8607 Geiberger Dr, Memphis, TN 38016

  *** There are very few Golf Course lots available in Memphis and we have 2 for sale*** Come to the beautiful new gated community on the famous picturesque Colonial Country Club, the home of a nationally recognized 18-hole championship course that hosted more than 30 PGA events and crowned great golfers such as Jack Nicklaus, Gary Player and Lee Trevino. These stunning lots directly back up to #1

  

  Anna Thomas

  Keller Williams

  (901) 665-2185

  8607 Geiberger Dr, Memphis, TN 38016
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  /15

  $120,750

  • 4 Beds
  • 1 Bath
  • 1,399 Sq Ft

  778 N Merton St, Memphis, TN 38112

  778 N Merton Memphis, TN 38112 $120,750 Excellent cash-flowing investment opportunity in Memphis! This 4 bedroom, 1 bathroom property is tenant-occupied and currently renting for $1,175 per month, providing immediate rental income from day one. The home offers a spacious floor plan with strong rental demand, making it a solid addition to any buy-and-hold portfolio. Also, this home offers a

  

  Austin Hall

  Evernest Too, LLC

  (901) 665-3104

  778 N Merton St, Memphis, TN 38112
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  /2

  $5,500

  • Land
  • 0.1 Acre
  • $55,000 per Acre

  120 Dover Ave, Memphis, TN 38106

  Great investment opportunity in a quiet neighborhood. This .10-acre land parcel offers a blank slate to design and build a home tailored to your unique preferences.

  

  Katrina Smith

  Keller Williams

  (901) 673-3792

  120 Dover Ave, Memphis, TN 38106
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  /2

  $92,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  923 Joel Ave, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $750/mo. Professionally managed. Lease expires on 8/30/25

  

  Caleb Hall

  Keller Williams

  (901) 808-8522

  923 Joel Ave, Memphis, TN 38127
• 

  /2

  $50,000

  • Land
  • 2.48 Acres
  • $20,161 per Acre

  0 12th Rd, Memphis, TN 38109

  Excellent Opportunity for Home Owner's or Investor's. Prime location for new development. Plumbing & electricity all ready in place. Property had a former home. This is a great build site 2.48 Acres. For showing drive by.

  

  Jo Mathes

  Pinnacle Realty

  (901) 563-3243

  0 12th Rd, Memphis, TN 38109
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  /2

  $103,750

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

  1030 Floyd Ave, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $950/mo. Professionally managed. Lease expires on 1/30/26

  

  Caleb Hall

  Keller Williams

  (901) 669-4348

  1030 Floyd Ave, Memphis, TN 38127
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  /2

  $145,000

  • 8 Beds
  • 4 Baths
  • 2,784 Sq Ft

  1240 Ethel St, Memphis, TN 38114

  Great investment opportunity! Each unit offers 3 bedrooms and 2 bathrooms. Some repairs are needed to bring these spacious units to their full potential, making them ideal for any investor portfolio. Inspection day Nov 1, 2025 10-11:30 am This unit can be sold individually or as a package with 1239 Ethel and 1218 Ethel.

  

  Rasheedah Jones

  Dreamteam Realty Co

  (901) 665-7724

  1240 Ethel St, Memphis, TN 38114
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  /2

  $109,500

  • 3 Beds
  • 1 Bath
  • 1,200+ Sq Ft

  803 Par Ave, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $1,100/mo. Professionally managed. Lease expires on 3/30/26

  

  Caleb Hall

  Keller Williams

  (901) 668-6064

  803 Par Ave, Memphis, TN 38127
• 

  /2

  $86,500

  • 3 Beds
  • 1 Bath
  • 1,400+ Sq Ft

  3643 Early St, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $750/mo. Professionally managed. Lease expires on 8/30/25

  

  Caleb Hall

  Keller Williams

  (901) 582-8529

  3643 Early St, Memphis, TN 38127
• 

  /2

  $24,900

  • Land
  • 1.64 Acres
  • $15,183 per Acre

  4087 Weaver Rd, Memphis, TN 38109

  Build your dream home on this beautiful 1.64-acre lot! The property offers plenty of space for your custom home, shop, or pool — with room to breathe and enjoy country living just minutes from town. Utilities available at the road and site is ready for construction. Bring your plans and make this your forever homesite!

  

  Paul Perry

  Crye-Leike of MS

  (901) 295-3633

  4087 Weaver Rd, Memphis, TN 38109
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  /2

  $129,000

  • 4 Beds
  • 1.5 Baths
  • 1,400+ Sq Ft

  823 Par Ave, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $1,100/mo. Professionally managed. Lease expires on 3/18/26.

  

  Caleb Hall

  Keller Williams

  (901) 621-8434

  823 Par Ave, Memphis, TN 38127
• 

  

  /34

  $94,000

  • 3 Beds
  • 2 Baths
  • 2,233 Sq Ft

  790 E Mallory Ave, Memphis, TN 38106

  Brick 3BR/2BA + bonus room home on a spacious corner lot with tons of potential. Perfect opportunity for investors or buyers looking for a renovation project. Home features a large living room, separate dining room, original hardwood floors, a spacious kitchen footprint, and a separate laundry/mudroom area. Exterior highlights include mature trees, a long driveway, and a detached 2-car garage.

  

  Angela Watson

  Skyline Realty

  (901) 460-6150

  790 E Mallory Ave, Memphis, TN 38106
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  /2

  $96,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  974 Joel Ave, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $825/mo. Professionally managed. Lease expires on 7/30/25

  

  Caleb Hall

  Keller Williams

  (901) 910-0283

  974 Joel Ave, Memphis, TN 38127
• 

  

  /15

  $140,000

  • 3 Beds
  • 1.5 Baths
  • 1,174 Sq Ft

  3492 Neely Rd, Memphis, TN 38109

  

  Jo Mathes

  Pinnacle Realty

  (901) 660-9214

  3492 Neely Rd, Memphis, TN 38109
• 

  /2

  $110,000

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

  3915 Bayliss Ave, Memphis, TN 38122

  Great Investment Opportunity!!! Occupied by a Great Tenant. Pays $750/month. No Showings Prior to Contract!

  

  Juan Casem

  Crye-Leike Inc., REALTORS

  (901) 883-6034

  3915 Bayliss Ave, Memphis, TN 38122
• 

  /2

  $113,000

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

  646 Semple Ave, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $850/mo. Professionally managed. Lease expires on 12/31/25.

  

  Caleb Hall

  Keller Williams

  (901) 617-7502

  646 Semple Ave, Memphis, TN 38127
• 

  /2

  $83,000

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

  921 Par Ave, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $1,000/mo. Professionally managed. Lease expires on 12/12/26

  

  Caleb Hall

  Keller Williams

  (901) 660-9965

  921 Par Ave, Memphis, TN 38127
• 

  /2

  $110,250

  • 3 Beds
  • 3 Baths
  • 2,117 Sq Ft

  1384 Melrose Cove, Memphis, TN 38106

  

  Austin Hall

  Evernest Too, LLC

  (901) 660-3947

  1384 Melrose Cove, Memphis, TN 38106
• 

  

  /13

  $63,500

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  3113 Kingston St, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Easy to show. Has been professionally managed.

  

  Caleb Hall

  Keller Williams

  (901) 657-2388

  3113 Kingston St, Memphis, TN 38127
• 

  /2

  $87,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  994 Joel Ave, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $750/mo. Professionally managed. Lease expires on 6/30/25

  

  Caleb Hall

  Keller Williams

  (901) 673-8560

  994 Joel Ave, Memphis, TN 38127
• 

  /2

  $104,500

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  1013 Par Ave, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $700/mo. Professionally managed. Lease expires on 3/30/26

  

  Caleb Hall

  Keller Williams

  (901) 459-3938

  1013 Par Ave, Memphis, TN 38127
• 

  /2

  $99,350

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3594 Dumas St, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $800/mo. Professionally managed. Lease expires on 10/30/25

  

  Caleb Hall

  Keller Williams

  (901) 883-7909

  3594 Dumas St, Memphis, TN 38127
• 

  

  /3

  $115,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4134 Leroy Ave, Memphis, TN 38108

  Great Investment Opportunity!!! Occupied by a Great Tenant. Pays $1,350/month. Lease Expires 9-30-25. 3Br's 1Ba w/metal roof. No Showings Prior to Contract!

  

  Juan Casem

  Crye-Leike Inc., REALTORS

  (901) 657-6543

  4134 Leroy Ave, Memphis, TN 38108
• 

  

  /20

  $96,500

  • 4 Beds
  • 2 Baths
  • 1,400+ Sq Ft

  3594 Sunrise St, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Easy to show. Has been professionally managed.

  

  Caleb Hall

  Keller Williams

  (901) 675-6749

  3594 Sunrise St, Memphis, TN 38127

Showing Results 41 - 80, Page 2 of 18