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

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  /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

  

  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

  

  Caleb Hall

  Keller Williams

  (901) 660-7130

  885 Restbrook Ave, Memphis, TN 38127
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  /13

  $87,000

  • 2 Beds
  • 1 Bath
  • 728 Sq Ft

  1458 Stevenson St, Memphis, TN 38106

  This 2 bed single family home in Memphis offers a move in ready layout on a generous corner lot, answering the common buyer question about finding an affordable home with space to enjoy outdoors. This 728 sqft single family home built in 1948 and set on a 6,464 sqft lot that provides a big backyard and room to relax or create outdoor space that fits your lifestyle. Inside, hardwood flooring runs

  

  Christopher Lucas

  eXp Realty, LLC

  (901) 675-6780

  1458 Stevenson St, Memphis, TN 38106
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  /5

  $100,000

  • Land
  • 5 Acres
  • $20,000 per Acre

  987 S Weaver Rd, Memphis, TN 38109

  5 lots for a total of 5+ acres 987 Weaver Rd, 0 Little Weaver LN, 0 Mitchell Rd, 0 Little Weaver Rd, 927 Little Weaver LN

  

  Jason Miller

  eXp Realty

  (901) 582-6256

  987 S Weaver Rd, Memphis, TN 38109
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  /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.

  

  Caleb Hall

  Keller Williams

  (901) 676-8794

  842 Restbrook Ave, Memphis, TN 38127
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  /2

  $101,450

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3553 Randolph 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 $850/mo. Professionally managed. Lease expires on 12/31/25

  

  Caleb Hall

  Keller Williams

  (901) 763-6496

  3553 Randolph St, Memphis, TN 38127
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  /2

  $76,000

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

  598 Orchard Ave, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Now vacant as of 1/31/26. Professionally managed.

  

  Caleb Hall

  Keller Williams

  (901) 660-2613

  598 Orchard Ave, Memphis, TN 38127
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  /2

  $95,000

  • 3 Beds
  • 1 Bath
  • 1,325 Sq Ft

  3014 Spottswood Ave, Memphis, TN 38111

  TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Property is rented for $1,295/month & month-to-month. 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 4432 Sunny View Dr 38127. The seller can sell the properties as a package or individually. Contact a local realtor and

  

  Jordan Ray

  eXp Realty, LLC

  (901) 665-3944

  3014 Spottswood Ave, Memphis, TN 38111
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  /39

  $80,000

  • 3 Beds
  • 2 Baths
  • 1,250 Sq Ft

  1297 Aubra Rd, Memphis, TN 38111

  AS IS Sale. This property is located in a great neighborhood and Hot Zip Code!!! Its perfect in the best condition to make it your Perfect Project!!! The flooring is very solid with Original hardwood flooing throughout. Seller is Motivated to sell and will Entertain all Reasonable offers! Please do your Due Diligence up front, since the property is vacant and no utilites are on. Seller prefers

  

  Tara Woodley

  Zach Taylor Real Estate

  (901) 660-8515

  1297 Aubra Rd, Memphis, TN 38111
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  /4

  $124,900

  • 3 Beds
  • 2 Baths
  • 1,066 Sq Ft

  804 Keel Ave, Memphis, TN 38107

  804 Keel Ave, Memphis, TN Turnkey in Memphis priced at $124,900. This tenant-occupied property is currently renting for $1,175 per month , providing immediate cash flow for investors. Ideal for buy-and-hold investors seeking steady income in the Memphis rental market. Do not disturb tenant. Showings upon accepted offer only.

  

  Austin Hall

  Evernest Too, LLC

  (901) 295-4642

  804 Keel Ave, Memphis, TN 38107
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  /2

  $113,250

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3633 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 $725/mo. Professionally managed. Lease expires on 8/30/25

  

  Caleb Hall

  Keller Williams

  (901) 617-7953

  3633 Early St, Memphis, TN 38127
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  /2

  $115,710

  • 2 Beds
  • 1 Bath
  • 827 Sq Ft

  3323 Farmville Rd, Memphis, TN 38122

  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.

  

  Caleb Hall

  Keller Williams

  (901) 627-3812

  3323 Farmville Rd, Memphis, TN 38122
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  /2

  $139,999

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

  1218 Ethel St, Memphis, TN 38114

  Great investment opportunity! Each unit offers 4 bedrooms and 2 bathrooms. Some repairs are needed to bring these spacious units to their full potential, making them ideal for any investor portfolio. All offers must include proof of funds. This unit can be sold individually or with 1218 Ethel.

  

  Rasheedah Jones

  Dreamteam Realty Co

  (901) 660-4250

  1218 Ethel St, Memphis, TN 38114
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  /9

  $100,000

  • 3 Beds
  • 1 Bath
  • 1,024 Sq Ft

  3421 Piney Woods Ave, Memphis, TN 38118

  3 bedroom 1 bath home in East Whitehaven Park being sold as-is. 10 min from the Memphis internation Airport and FedEx. 15 min from Graceland. Solid bones, needs TLC.

  

  Jason Miller

  eXp Realty, LLC

  (901) 668-6751

  3421 Piney Woods Ave, Memphis, TN 38118
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  /2

  $93,500

  • 2 Beds
  • 1 Bath
  • 792 Sq Ft

  831 Alice Ave, Memphis, TN 38106

  Awesome investment property! Tenant occupied at $1175/month until July 31, 2026. Professionally managed by RJ Property Management. Lease and ledger are available upon request. Seller has another property for sale and will sell individually or as a package. The other address is 663 Lucy Ave. Both properties occupied. Do not disturb tenants. No viewings until accepted offer in place. NO seller

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  (901) 660-9423

  831 Alice Ave, Memphis, TN 38106
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  /2

  $134,330

  • 2 Beds
  • 1 Bath
  • 939 Sq Ft

  1710 Mcnair St, Memphis, TN 38108

  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.

  

  Caleb Hall

  Keller Williams

  (901) 716-8058

  1710 Mcnair St, Memphis, TN 38108
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  /2

  $60,000

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

  4721 Queens Lace Ct Unit 56, Memphis, TN 38118

  Back on the Market! This nice 2-bedroom, 2-bathroom condo offers a spacious and functional layout. The unit features an open living room and dining room area, kitchen, in-unit laundry, and ample natural light throughout. Both bedrooms are generously sized.

  

  Vashti Parson

  C21 Patterson & Assoc. Real Es

  (901) 673-8122

  4721 Queens Lace Ct Unit 56, Memphis, TN 38118
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  /2

  $90,000

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

  3267 Millington 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 $700/mo. Professionally managed. Lease expires on 9/20/25

  

  Caleb Hall

  Keller Williams

  (901) 446-3468

  3267 Millington Rd, Memphis, TN 38127
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  /14

  $144,500

  • 4 Beds
  • 2 Baths
  • 1,300 Sq Ft

  3736 W Donna Dr, Memphis, TN 37127

  Welcome home to this charming four bedroom two bath home with a unique floor plan and huge fenced in back yard for entertaining. Primary bedroom with a private bath, one bath in hallway. Home has been renovated!

  

  Leaser Coleman

  Empire Realty, LLC

  (629) 263-7576

  3736 W Donna Dr, Memphis, TN 37127
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  /2

  $143,640

  • 3 Beds
  • 1 Bath
  • 1,119 Sq Ft

  3803 Rhodes Ave, Memphis, TN 38111

  Renovated rental property with an active lease in place. Currently leased at $1,150 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 668-8878

  3803 Rhodes Ave, Memphis, TN 38111
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  /2

  $140,980

  • 2 Beds
  • 1 Bath
  • 1,018 Sq Ft

  4123 Ronnie Rd, Memphis, TN 38128

  Renovated rental property with an active lease in place. Currently leased at $975 with a lease expiration of 09/31/2026. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 675-6372

  4123 Ronnie Rd, Memphis, TN 38128
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  /14

  $120,000

  • 3 Beds
  • 1 Bath
  • 900 Sq Ft

  3290 Valley Stream Cove, Memphis, TN 38128

  Very solid investment opportunity in 38128! Completely renovated in 2024 prior to tenant move-in! TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Property is rented for $1,150/month & the lease expires 1/1/2027. Section 8 tenant. Copy of the lease available upon request. No showings without an accepted contract. Make offers contingent on inspection. Listing photos & video taken after

  

  Jordan Ray

  eXp Realty, LLC

  (901) 563-3598

  3290 Valley Stream Cove, Memphis, TN 38128
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  /2

  $140,980

  • 3 Beds
  • 2 Baths
  • 1,040 Sq Ft

  1755 Atlas St, 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.

  

  Caleb Hall

  Keller Williams

  (901) 668-7984

  1755 Atlas St, Memphis, TN 38108
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  /8

  $99,000

  • 4 Beds
  • 1 Bath
  • 1,124 Sq Ft

  344 Dixie Rd, Memphis, TN 38109

  LARGE LOT WITH A STORAGE SHED, LARGE PATIO AND FOUR BEDROOMS. PRICED TO SELL. AC WILL BE INSTALLED AT CLOSING.

  

  Stephen Mansour

  KAIZEN Realty, LLC

  (901) 673-2612

  344 Dixie Rd, Memphis, TN 38109
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  /2

  $8,000

  • Land
  • 0.17 Acre
  • $47,059 per Acre

  268 W Mckellar Ave, Memphis, TN 38109

  

  Tonya McDowell

  The Stamps Real Estate Company

  (901) 710-0604

  268 W Mckellar Ave, Memphis, TN 38109
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  /2

  $144,000

  • 2 Beds
  • 1 Bath
  • 1,244 Sq Ft

  3358 Coleman Ave, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $800 a month. No creative finance offers.

  

  Caleb Hall

  Keller Williams

  (901) 657-1478

  3358 Coleman Ave, Memphis, TN 38122
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  /2

  $129,000

  • 2 Beds
  • 1 Bath
  • 696 Sq Ft

  1799 Walter St, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $850 month to month. No creative finance offers.

  

  Caleb Hall

  Keller Williams

  (901) 445-7877

  1799 Walter St, Memphis, TN 38108
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  /26

  $58,000

  • 3 Beds
  • 2 Baths
  • 962 Sq Ft

  2397 Shasta Ave, Memphis, TN 38108

  This property is being SOLD AS IS. Great Property with Good Bones and Perfect for Investor or Owner Occupant. Property was recently rented for $900 per month. Tenant has moved. Property was built as a Duplex and could be converted at some point. Property is Vacant, Seller prefers buyers to do their own Due Diligence upfront and make Offers with NO Contingency. A Soft rehab was done when the

  

  Tara Woodley

  Zach Taylor Real Estate

  (901) 459-2102

  2397 Shasta Ave, Memphis, TN 38108
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  /2

  $113,050

  • 2 Beds
  • 1 Bath
  • 997 Sq Ft

  1009 Hudson St, Memphis, TN 38112

  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.

  

  Caleb Hall

  Keller Williams

  (901) 582-8931

  1009 Hudson St, Memphis, TN 38112
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  /12

  $100,000

  • 4 Beds
  • 1.5 Baths
  • 1,138 Sq Ft

  1001 Canary Ln, Memphis, TN 38109

  Forget the "fixer-upper" nightmares—this is a Fresh Start. Once a disaster zone, this property has been stripped of the junk and prepped for a total transformation. We’ve cleared the canvas so you can paint the profit. The Heavy Lifting is Done: New Roof & Eaves: Recently replaced to seal the envelope and protect your investment. Clean Slate: All broken appliances, rotted cabinets, and old

  

  Jason Miller

  eXp Realty, LLC

  (901) 909-4120

  1001 Canary Ln, Memphis, TN 38109
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  /4

  $25,000

  • Land
  • 1.93 Acres
  • $12,953 per Acre

  1307 W Raines Rd, Memphis, TN 38109

  Take a look at this parcel of land the possibilities are unlimited build your dream home or build multiple homes your choice drive by and take a look and start planning. Need a builder let me know. Drive by.

  

  Frances Anderson

  Crye-Leike, Inc., REALTORS

  (901) 719-1723

  1307 W Raines Rd, Memphis, TN 38109
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  /2

  $151,620

  • 3 Beds
  • 2 Baths
  • 1,516 Sq Ft

  1669 Villa 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.

  

  Caleb Hall

  Keller Williams

  (901) 698-6819

  1669 Villa Rd, Memphis, TN 38108
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  /2

  $130,000

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

  518 Burlington Cir, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Vacant as of 1/31/26

  

  Caleb Hall

  Keller Williams

  (901) 665-3175

  518 Burlington Cir, Memphis, TN 38127
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  /2

  $115,900

  • 4 Beds
  • 1 Bath
  • 1,293 Sq Ft

  599 Huron Ave, Memphis, TN 38107

  Do Not Disturb. This property is occupied. Perfect for an investor!

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 673-2874

  599 Huron Ave, Memphis, TN 38107
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  /32

  $99,000

  • 4 Beds
  • 2.5 Baths
  • 2,436 Sq Ft

  946 Roland St, Memphis, TN 38114

  Investors/Flippers here is an excellent opportunity to add to your portfolio or to start a new one. 4 Bedroom 2.5 Bathroom. Being Sold As-Is Where-Is.

  

  Petra Walker

  KAIZEN Realty, LLC

  (901) 676-7851

  946 Roland St, Memphis, TN 38114
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  /3

  $11,500

  • Land
  • 0.11 Acre
  • $104,545 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

  

  Nicole Sykes

  The Home Partners Realty

  (901) 719-0580

  2212 Marble Ave, Memphis, TN 38108
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  /2

  $102,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  908 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 $725/mo. Professionally managed. Lease expires on 4/24/26

  

  Caleb Hall

  Keller Williams

  (901) 617-7626

  908 Restbrook Ave, Memphis, TN 38127
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  /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

  

  Anna Thomas

  Keller Williams

  (901) 675-7130

  8599 Geiberger Dr, Memphis, TN 38016
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  /2

  $92,500

  • 2 Beds
  • 1 Bath
  • 600+ Sq Ft

  1045 Carrolton 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 4/4/26

  

  Caleb Hall

  Keller Williams

  (901) 657-1902

  1045 Carrolton Ave, Memphis, TN 38127
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  /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.

  

  Caleb Hall

  Keller Williams

  (901) 883-5672

  1164 National St, Memphis, TN 38122

Showing Results 121 - 160, Page 4 of 18