1,521

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

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  • /3

    $10,500

    • Land
    • 4,791 Sq Ft
    • $95,455 per Acre

    2212 Marble Ave, Memphis, TN 38108

    Builders/Investors this one is for YOU!!! Prime vacant corner lot located at 2212 Marble Ave. Suitable for new construction or investment. This lot is located in an established neighborhood with easy access to schools, shopping, and major roadways. Don't miss this opportunity to build in a thriving community

    Agent Photo

    Nicole Sykes

    The Home Partners Realty

    (901) 719-0580

    2212 Marble Ave, Memphis, TN 38108
  • /2

    $88,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    908 Restbrook Ave, Memphis, TN 38127

    Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $725/mo. Professionally managed. Lease expires on 4/24/26

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 617-7626

    908 Restbrook Ave, Memphis, TN 38127
  • /3

    $145,000

    • Land

    8599 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

    Agent Photo

    Anna Thomas

    Keller Williams

    (901) 675-7130

    8599 Geiberger Dr, Memphis, TN 38016
  • /2

    $89,999

    • 2 Beds
    • 1 Bath
    • 600+ Sq Ft

    1045 Carrolton Ave, Memphis, TN 38127

    Buyer Failed financing, price under appraised value. Part of a 39 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 4/4/26

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 657-1902

    1045 Carrolton Ave, Memphis, TN 38127
  • /2

    $152,000

    • 3 Beds
    • 2 Baths
    • 1,466 Sq Ft

    1164 National St, Memphis, TN 38122

    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) 883-5672

    1164 National St, Memphis, TN 38122
  • /2

    $140,980

    • 2 Beds
    • 1 Bath
    • 1,227 Sq Ft

    1150 Biltmore St, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $950 with a lease expiration of 03/31/2026. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 445-8043

    1150 Biltmore St, Memphis, TN 38122
  • /2

    $102,000

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft

    3176 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 $775/mo. Professionally managed. Lease expires on 8/30/25

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 673-2392

    3176 Benjestown Rd, Memphis, TN 38127
  • /2

    $140,000

    • Land
    • 6,098 Sq Ft
    • $1,000,000 per Acre

    5045 Henry Heights Dr, Memphis, TN 38117

    Build your dream home on Lot 8 in the gated Princeton Heights community in the heart of East Memphis! This vacant lot is situated on the end of the quiet street. At 0.14 acre, you'll have some space for backyard entertainment along with easy maintenance. All existing homes were built by Chris Tedder, known for exceptional craftsmanship & style. Looking for something different? Bring your own

    Agent Photo

    Julie Upchurch

    McWaters & Associates

    (901) 657-4352

    5045 Henry Heights Dr, Memphis, TN 38117
  • /22

    $11,000

    • Land
    • 4,791 Sq Ft
    • $100,000 per Acre

    651 S Parkway E, Memphis, TN 38106

    Nice lot with a brick building on the corner of S Parkway E. and S. Orleans for sale or rent. Close to shopping, restaurants, and much more. Property can be viewed at any time. Owner/Agent Property. Utilities nearby. The neighbor has been maintaining the property and will be moving his wood fence back to his property line, then the brick building that is part of the property will be fully

    Agent Photo

    Ken Cannon

    Crye-Leike of MS, Inc.

    (901) 657-6245

    651 S Parkway E, Memphis, TN 38106
  • /2

    $113,000

    • 4 Beds
    • 2 Baths
    • 1,800+ Sq Ft

    854 Carrolton Ave, Memphis, TN 38127

    Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Vacant as of 1/31/26.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 673-2982

    854 Carrolton Ave, Memphis, TN 38127
  • /14

    $135,000

    • 3 Beds
    • 1 Bath
    • 1,489 Sq Ft

    516 Jeanne Dr, Memphis, TN 38109

    Renovated in 2024, this income-producing property is a strong opportunity for investors seeking a turnkey, rent-ready asset with professional management already in place. The home offers a functional layout featuring a spacious living area, updated finishes, and well-sized bedrooms designed for comfortable living. Exterior highlights include a large backyard and ample parking, adding to long-term

    Agent Photo

    Amy Woods

    Crye-Leike, Inc., REALTORS

    (901) 617-7346

    516 Jeanne Dr, Memphis, TN 38109
  • /31

    $100,000

    • 2 Beds
    • 1 Bath
    • 1,203 Sq Ft

    929 N Mcneil St, Memphis, TN 38107

    Beautiful 2BR/1BA home offers a great investment opportunity in the Vollintine-Evergreen area. Featuring approx. 1,203 sq. ft. of living space, this property includes a separate living room, central heating and cooling.The large backyard provides great space for relaxing, gardening, pets, or future projects. Conveniently located near Rhodes College, Crosstown Concourse, Overton Park, and popular

    Agent Photo

    Edwin Scruggs

    BHHS Taliesyn Realty

    (901) 657-2311

    929 N Mcneil St, Memphis, TN 38107
  • /2

    $78,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    931 Carrolton Ave, Memphis, TN 38127

    Buyer Failed financing, price under appraised value. Part of a 39 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 5/14/27

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 445-6629

    931 Carrolton Ave, Memphis, TN 38127
  • /6

    $140,000

    • 3 Beds
    • 1 Bath
    • 1,001 Sq Ft

    4154 Hobson Rd, Memphis, TN 38128

    Don't miss this FULLY RENOVATED Starter home. Offers 3 BR - 1 BTH, open LR/DR, combination. NEW EVERTHING from TOP to BOTTOM. CALL TODAY!!

    Agent Photo

    Gerald Williams

    KAIZEN Realty, LLC

    (901) 716-9436

    4154 Hobson Rd, Memphis, TN 38128
  • /2

    $125,020

    • 2 Beds
    • 1 Bath
    • 983 Sq Ft

    1231 Victor Dr, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $800 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 665-3784

    1231 Victor Dr, Memphis, TN 38122
  • /36

    $58,000

    • 4 Beds
    • 1 Bath
    • 1,102 Sq Ft

    237 W Frank Ave, Memphis, TN 38109

    No wholesale,no assignment contracts and no owner financing. Perfect for investors.Opportunity knocks with this brick home full of potential! This property features hardwood flooring, multiple living spaces, a covered front porch, security doors/window bars, and a fenced yard. Home does need repairs and updates throughout, including flooring, cosmetic improvements, and general maintenance, making

    Agent Photo

    Angela Watson

    Skyline Realty

    (901) 676-8350

    237 W Frank Ave, Memphis, TN 38109
  • /6

    $128,000

    • 3 Beds
    • 2.5 Baths
    • 1,485 Sq Ft

    5573 Pleasant View Rd Unit 35, Memphis, TN 38134

    Perfect opportunity for a savvy buyer! Wonderfully located condo offered at a great price. This 3-bedroom, 2.5-bath home features a spacious and functional layout, including a breakfast bar, two separate den/living areas, and a cozy fireplace in the main living room. Enjoy outdoor living with a private, fenced patio, plus the convenience of covered parking for two vehicles. Additional highlights

    Agent Photo

    Kyle Couvion

    Reid, REALTORS

    (901) 295-3974

    5573 Pleasant View Rd Unit 35, Memphis, TN 38134
  • /15

    $149,977

    • Land
    • 2.96 Acres
    • $50,668 per Acre

    5259 Stage Rd, Memphis, TN 38134

    PRIME R-10 DEVELOPMENT OPPORTUNITY2.96 Acres | 5259 Stage Road$149,977 | 6-12 Home SitesTHE NUMBERS SPEAK FOR THEMSELVESLand cost per lot: $20,625 to $41,250 depending on density (6 to 12 homes)In a market where Bartlett median home prices hit $353,900 and inventory sits at only 202 homes, can you afford to pass on land at these prices?Quick ROI scenario (10

    Agent Photo

    Jason Miller

    eXp Realty

    (901) 621-8540

    5259 Stage Rd, Memphis, TN 38134
  • /2

    $114,380

    • 2 Beds
    • 1 Bath
    • 700 Sq Ft

    452 Lipford St, Memphis, TN 38112

    Renovated rental property with an active lease in place. Currently leased at $775 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 472-7059

    452 Lipford St, Memphis, TN 38112
  • /2

    $110,000

    • 4 Beds
    • 1 Bath
    • 1,600+ Sq Ft

    951 Joel Ave, Memphis, TN 38127

    Buyer Failed financing, price under appraised value. Part of a 39 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 4/2/27

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 617-7556

    951 Joel Ave, Memphis, TN 38127
  • /2

    $148,960

    • 2 Beds
    • 1 Bath
    • 791 Sq Ft

    886 N Bingham St, Memphis, TN 38108

    Renovated rental property with an active lease in place. Currently leased at $1,050 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 582-6433

    886 N Bingham St, Memphis, TN 38108
  • /2

    $92,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    991 Joel Ave, Memphis, TN 38127

    Buyer Failed financing, price under appraised value. Part of a 39 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 4/2/27

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 460-9062

    991 Joel Ave, Memphis, TN 38127
  • /2

    $147,000

    • 3 Beds
    • 1 Bath
    • 1,004 Sq Ft

    1711 Ronda St, Memphis, TN 38108

    Renovated rental property with an active lease in place. Currently leased at $825 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 883-6369

    1711 Ronda St, Memphis, TN 38108
  • /35

    $69,900

    • 3 Beds
    • 2 Baths
    • 1,395 Sq Ft

    3771 Mccain Rd, Memphis, TN 38109

    This solid 3-bed, 2-bath home with approximately 1,395 sq ft offers great potential and plenty of living space. Enjoy ample storage with two sheds and an attached garage, perfect for tools, equipment, or extra belongings. Conveniently located near shopping, schools, and major roads, this property provides both comfort and accessibility. Enjoy the sunroom in back with a private lot feel!

    Agent Photo

    Christy Cj Pace

    Pace Probity Asset Management

    (901) 673-5588

    3771 Mccain Rd, Memphis, TN 38109
  • /2

    $68,250

    • 2 Beds
    • 1 Bath
    • 600+ Sq Ft

    3021 Sunrise St, Memphis, TN 38127

    Buyer Failed financing, price under appraised value. Part of a 39 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) 660-3495

    3021 Sunrise St, Memphis, TN 38127
  • /2

    $118,370

    • 2 Beds
    • 1 Bath
    • 902 Sq Ft

    1946 Tant Rd, Memphis, TN 38128

    Renovated rental property with an active lease in place. Currently leased at $$750 with a lease expiration of 11/31/2026. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 459-2217

    1946 Tant Rd, Memphis, TN 38128
  • /2

    $78,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    894 Par Ave, Memphis, TN 38127

    Buyer Failed financing, price under appraised value. Part of a 39 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 8/31/25

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 660-9748

    894 Par Ave, Memphis, TN 38127
  • /2

    $78,000

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft

    942 Frayser Cir, Memphis, TN 38127

    Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $80/mo. Professionally managed. Lease expires on 4/1/27

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 456-7014

    942 Frayser Cir, Memphis, TN 38127
  • /2

    $150,290

    • 2 Beds
    • 2 Baths
    • 1,295 Sq Ft

    3275 Macon Rd, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $975 month to month. No creative finance offers.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 780-7208

    3275 Macon Rd, Memphis, TN 38122
  • /29

    $89,000

    • 3 Beds
    • 2 Baths
    • 1,471 Sq Ft

    4787 Townhouse Way, Memphis, TN 38118

    *** Do Not Disturb Tenant*** 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

    Agent Photo

    Tara Woodley

    Zach Taylor Real Estate

    (901) 445-9162

    4787 Townhouse Way, Memphis, TN 38118
  • /3

    $35,000

    • Land
    • 26,136 Sq Ft
    • $58,333 per Acre

    1133 Saunders Ave, Memphis, TN 38127

    Looking for investor, business owners or home owners. Nice level lot. Will take all cash. Drive by and take a look.

    Agent Photo

    Jo Mathes

    Pinnacle Realty

    (901) 660-9588

    1133 Saunders Ave, Memphis, TN 38127
  • /37

    $149,900

    • 1 Bed
    • 1 Bath
    • 720 Sq Ft

    109 N Main St Unit 612, Memphis, TN 38103

    Unlike many units in the building, this thoughtfully updated condo features an open kitchen that creates a brighter, more spacious feel. Welcome to the iconic Claridge House, once known as “The Grand Dame” of downtown Memphis and a historic gathering place for notable guests, including Elvis Presley. Unit 612 offers comfortable city living with an open layout connecting living, dining, and

    Agent Photo

    Edwin Scruggs

    BHHS Taliesyn Realty

    (901) 673-3378

    109 N Main St Unit 612, Memphis, TN 38103
  • /2

    $76,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    908 Par Ave, Memphis, TN 38127

    Buyer Failed financing, price under appraised value. Part of a 39 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 5/30/25

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 808-8026

    908 Par Ave, Memphis, TN 38127
  • /2

    $81,000

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

    835 Restbrook Ave, Memphis, TN 38127

    Buyer Failed financing, price under appraised value. Part of a 39 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 4/1/27

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 883-7699

    835 Restbrook Ave, Memphis, TN 38127
  • /2

    $93,000

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

    1033 Cindy Ln, Memphis, TN 38127

    Buyer Failed financing, price under appraised value. Part of a 39 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 10/31/25

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 446-4082

    1033 Cindy Ln, Memphis, TN 38127
  • /2

    $18,000

    • Land
    • 3,049 Sq Ft
    • $257,143 per Acre

    0 Coker St, Memphis, TN 38107

    Nice infill opportunity on Coker St. Established neighborhood with surrounding homes. Lot offers potential for residential development. Buyer to independently confirm all pertinent information. Seller Financing Possible

    Agent Photo

    Tonya McDowell

    The Stamps Real Estate Company

    (901) 669-7840

    0 Coker St, Memphis, TN 38107
  • /2

    $149,000

    • 3 Beds
    • 1 Bath
    • 1,511 Sq Ft

    702 Atlantic St, Memphis, TN 38112

    Renovated rental property with an active lease in place. Currently leased at $795 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 450-3755

    702 Atlantic St, Memphis, TN 38112
  • /2

    $140,000

    • 4 Beds
    • 2 Baths
    • 1,620 Sq Ft

    4401 Guildhall Dr, Memphis, TN 38128

    TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Property is rented for $1,465/month & the lease expires 6/30/2026. Cash tenant. Copy of the lease available upon request. No showings without an accepted contract. Make offers contingent on inspection. Being sold as a package along with 3432 Radford 38111, 5090 Belfast 38127, 686 Delta 38109, 782 Frayser 38127, 4401 Guildhall 38128, & 3651 N

    Agent Photo

    Jordan Ray

    eXp Realty, LLC

    (901) 621-4169

    4401 Guildhall Dr, Memphis, TN 38128
  • /28

    $129,000

    • 3 Beds
    • 1 Bath
    • 1,188 Sq Ft

    1105 Azalia St, Memphis, TN 38106

    Located in the heart of Memphis, just minutes from the iconic Stax Museum of American Soul Music, this beautifully updated home puts you within walking distance to culture, entertainment, and everything the vibrant downtown area has to offer. This home is truly move-in ready and “like new” throughout! Featuring a brand-new roof, new windows, and luxury vinyl plank flooring across the entire home.

    Agent Photo

    Valencia Gathwright

    Keller Williams

    (901) 719-1808

    1105 Azalia St, Memphis, TN 38106
  • /2

    $130,000

    • 4 Beds
    • 2 Baths
    • 1,125 Sq Ft

    1479 Oriole St, Memphis, TN 38108

    TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Property is rented for $1,275/month total gross monthly rent. Unit 1 (1477) is rented for $750/month. Section 8 tenant. Unit 2 (1479) is rented for $525/month. Cash tenant. Copy of leases available upon request. No showings without an accepted contract. Make offers contingent on inspection. Great opportunity for building your portfolio with

    Agent Photo

    Jordan Ray

    eXp Realty, LLC

    (901) 668-3516

    1479 Oriole St, Memphis, TN 38108

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