1,262

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

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  • /6

    $140,000

    • 4 Beds
    • 2 Baths
    • 1,571 Sq Ft

    4138 Macon Rd, Memphis, TN 38122

    Calling all investors interested in a massive home of 2,000 plus square feet with potential for income!!! Come on out and check out this canvas readyfor your artwork for yourself!!! Property will be sold AS-IS. SELLER WILL NOT MAKE ANY REPAIRS!!!!

    Agent Photo

    Randell Richmond

    eXp Realty, LLC

    (901) 329-8574

    4138 Macon Rd, Memphis, TN 38122
  • /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

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 808-8522

    923 Joel Ave, Memphis, TN 38127
  • /3

    $10,400

    • Land
    • 0.17 Acre
    • $61,176 per Acre

    1743 Eldridge Ave, Memphis, TN 38108

    Prime build-ready lot—freshly demo’d and cleared, utilities nearby, and ready for your next new construction or investment project! Located in a neighborhood surrounded by redevelopment, this site is ideal for builders, developers, or investors seeking a strong ROI. All the groundwork is done—just bring your plans and start building. Perfect opportunity for a custom home, multi-unit build, or

    Agent Photo

    Patrice Williams-Wooten

    Keller Williams

    (901) 657-2513

    1743 Eldridge Ave, Memphis, TN 38108
  • /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.

    Agent Photo

    Jo Mathes

    Pinnacle Realty

    (901) 563-3243

    0 12th Rd, Memphis, TN 38109
  • /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

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 669-4348

    1030 Floyd Ave, Memphis, TN 38127
  • /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

    Agent Photo

    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

    Agent Photo

    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!

    Agent Photo

    Paul Perry

    Crye-Leike of MS

    (901) 295-3633

    4087 Weaver Rd, Memphis, TN 38109
  • /2

    $101,080

    • 2 Beds
    • 1 Bath
    • 784 Sq Ft

    4233 Riviera Rd, Memphis, TN 38108

    Renovated rental property with an active lease in place. Currently leased at $650 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 660-9952

    4233 Riviera Rd, Memphis, TN 38108
  • /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.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 621-8434

    823 Par Ave, Memphis, TN 38127
  • /2

    $118,370

    • 2 Beds
    • 1 Bath
    • 720 Sq Ft

    3817 Chelsea Ave, Memphis, TN 38108

    Renovated rental property with an active lease in place. Currently leased at $700 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 499-2962

    3817 Chelsea Ave, Memphis, TN 38108
  • /2

    $105,070

    • 2 Beds
    • 1 Bath
    • 772 Sq Ft

    3740 E Mallory Ave, Memphis, TN 38111

    Renovated rental property with an active lease in place. Currently leased at $700 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 657-5925

    3740 E Mallory Ave, Memphis, TN 38111
  • /2

    $140,980

    • 2 Beds
    • 1 Bath
    • 1,079 Sq Ft

    3437 Vernon Ave, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $900 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 621-5607

    3437 Vernon Ave, Memphis, TN 38122
  • /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

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 910-0283

    974 Joel Ave, Memphis, TN 38127
  • /2

    $146,300

    • 3 Beds
    • 1 Bath
    • 1,074 Sq Ft

    1771 Wells Station Rd, Memphis, TN 38108

    Renovated rental property with an active lease in place. Currently leased at $750 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 329-8645

    1771 Wells Station Rd, Memphis, TN 38108
  • /2

    $85,000

    • 3 Beds
    • 1 Bath
    • 928 Sq Ft

    3259 Mckell Dr, Memphis, TN 38127

    Charming home located on a quiet street in Memphis. This property offers comfortable living with a functional layout, generous yard space, and convenient access to major roads, shopping, and local amenities. A great opportunity for homeowners or investors alike. Tenant occupied at 850/month until 2/2/27

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 673-2679

    3259 Mckell Dr, Memphis, TN 38127
  • /2

    $120,400

    • 3 Beds
    • 1 Bath
    • 854 Sq Ft

    4623 Sunnybrook St, Memphis, TN 38127

    Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

    Agent Photo

    Patrice Williams-Wooten

    Keller Williams

    (901) 554-4971

    4623 Sunnybrook St, Memphis, TN 38127
  • /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.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 617-7502

    646 Semple Ave, Memphis, TN 38127
  • /2

    $145,400

    • 4 Beds
    • 2 Baths
    • 1,568 Sq Ft

    2620 Maverick Ave, Memphis, TN 38127

    Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

    Agent Photo

    Patrice Williams-Wooten

    Keller Williams

    (901) 660-8007

    2620 Maverick 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

    Agent Photo

    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

    Agent Photo

    Austin Hall

    Evernest Too, LLC

    (901) 660-3947

    1384 Melrose Cove, Memphis, TN 38106
  • /2

    $144,970

    • 3 Beds
    • 1 Bath
    • 796 Sq Ft

    1456 Orr St, Memphis, TN 38108

    Renovated rental property with an active lease in place. Currently leased at $1,000 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 668-8558

    1456 Orr St, Memphis, TN 38108
  • /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.

    Agent Photo

    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

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 673-8560

    994 Joel Ave, Memphis, TN 38127
  • /2

    $120,400

    • 3 Beds
    • 1 Bath
    • 852 Sq Ft

    4485 Beacon Hill Dr, Memphis, TN 38127

    Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

    Agent Photo

    Patrice Williams-Wooten

    Keller Williams

    (901) 657-6692

    4485 Beacon Hill Dr, Memphis, TN 38127
  • /16

    $149,900

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

    4776 Audubon View Cir Unit 1, Memphis, TN 38117

    NEW PRICE! LOCATION! LOCATION! LOCATION!!! Two-bedroom, two-bath downstairs flat in desirable Audubon Square, a secure, amenity-filled community in East Memphis. Spacious living area with fireplace, original kitchen cabinetry, and functional baths ready for your updates and personal touch. Priced to sell, this unit offers excellent potential for the buyer seeking value in a prime location. Three

    Agent Photo

    Margie Oneal

    REMAX Experts

    (901) 587-9417

    4776 Audubon View Cir Unit 1, Memphis, TN 38117
  • /2

    $134,330

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft

    4166 Summer Ave, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $750 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 329-3871

    4166 Summer Ave, Memphis, TN 38122
  • /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

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 459-3938

    1013 Par Ave, Memphis, TN 38127
  • /11

    $55,000

    • 2 Beds
    • 1 Bath
    • 816 Sq Ft

    1880 Whitney Ave, Memphis, TN 38127

    Needs some very minor exterior work. A solid investment opportunity. I also have quotes available on request. Owner/agent

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 669-5605

    1880 Whitney Ave, Memphis, TN 38127
  • /2

    $136,990

    • 2 Beds
    • 1 Bath
    • 961 Sq Ft

    3965 Canterbury Dr, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $700 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 669-3626

    3965 Canterbury Dr, Memphis, TN 38122
  • /2

    $120,400

    • 3 Beds
    • 1 Bath
    • 852 Sq Ft

    4520 Beacon Hill Dr, Memphis, TN 38127

    Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

    Agent Photo

    Patrice Williams-Wooten

    Keller Williams

    (901) 673-2937

    4520 Beacon Hill Dr, Memphis, TN 38127
  • /2

    $151,620

    • 3 Beds
    • 1.5 Baths
    • 960 Sq Ft

    3912 Berkshire Ave, Memphis, TN 38108

    Renovated rental property with an active lease in place. Currently leased at $1,000 with a lease expiration of 05/31/2026. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 617-4853

    3912 Berkshire Ave, Memphis, TN 38108
  • /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

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 883-7909

    3594 Dumas St, Memphis, TN 38127
  • /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.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 675-6749

    3594 Sunrise St, Memphis, TN 38127
  • /2

    $120,400

    • 3 Beds
    • 1 Bath
    • 1,138 Sq Ft

    4494 Beacon Hill Cove, Memphis, TN 38127

    Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

    Agent Photo

    Patrice Williams-Wooten

    Keller Williams

    (901) 621-5730

    4494 Beacon Hill Cove, Memphis, TN 38127
  • /11

    $122,400

    • 3 Beds
    • 1 Bath
    • 850 Sq Ft

    4446 Range Line Rd, Memphis, TN 38127

    Stylishly Renovated Gem! Perched gracefully on a hill, this completely renovated 3-bedroom, 1-bath home offers a perfect blend of charm and modern upgrades. Step inside to discover new finishes throughout, from sleek flooring to a beautifully updated kitchen and bath. Enjoy year-round comfort with new HVAC, roof, and electrical systems, plus covered parking for added convenience. The elevated

    Agent Photo

    Patrice Williams-Wooten

    Keller Williams

    (901) 445-9190

    4446 Range Line Rd, Memphis, TN 38127
  • /2

    $120,400

    • 3 Beds
    • 1 Bath
    • 856 Sq Ft

    4502 Beacon Hill Cove, Memphis, TN 38127

    Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

    Agent Photo

    Patrice Williams-Wooten

    Keller Williams

    (901) 660-9585

    4502 Beacon Hill Cove, Memphis, TN 38127
  • /2

    $115,900

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    885 Restbrook 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 $800/mo. Professionally managed. Lease expires on 3/10/26

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 660-7130

    885 Restbrook Ave, Memphis, TN 38127
  • /4

    $149,000

    • 3 Beds
    • 2 Baths
    • 1,474 Sq Ft

    3455 Rosamond Ave, Memphis, TN 38122

    Agent Photo

    Vivian Denogean

    Fast Track Realty, LLC

    (901) 660-5997

    3455 Rosamond Ave, Memphis, TN 38122
  • /2

    $71,000

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft

    842 Restbrook 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 $800/mo. Professionally managed. Lease expires on 11/30/25.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 676-8794

    842 Restbrook Ave, Memphis, TN 38127

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