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

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  /2

  $64,900 Pre-Foreclosure

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3621 Royal Wood Dr, Memphis, TN 38128

  Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No blind offers and no wholesaler or assignment of contract offers will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3621 Royal Wood Dr, Memphis, TN 38128
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  /2

  $115,000

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

  404 Stoneham Rd, Memphis, TN 38109

  Welcome to 404 Stoneham. This 3 bed 1 bath home features a tile floor in the bathroom and LVP flooring in the kitchen. Lighting fixtures, lighting packages, new hardware on kitchen, new vent hood, cabinets cozy and spacious living room, large front and backyard, and many more features! TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Currently leased

  James Wachob Foundation Property Management

  404 Stoneham Rd, Memphis, TN 38109
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  /10

  $115,000

  • 3 Beds
  • 1 Bath
  • 1,229 Sq Ft

  3693 Windermere Rd, Memphis, TN 38128

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $975 per month and is on a lease from 4/01/2025 until 03/31/2026. This property was newly renovated in 2019 and a new furnace and central A/C were installed at that time. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No

  Mark Hart Reedy & Company, REALTORS

  3693 Windermere Rd, Memphis, TN 38128
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  /2

  $5,000

  • Land
  • 0.05 Acre
  • $100,000 per Acre

  1312 James St, Memphis, TN 38106

  Seller also selling 0 James (Parcel ID: 026028 00025) and 1318 James (Parcel ID: 026028 00021), can buy in bulk or individually. No Creative Or Owner Financed Offers. No Wholesale Or Assignment.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1312 James St, Memphis, TN 38106
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  /2

  $25,000

  • 2 Beds
  • 1 Bath
  • 600+ Sq Ft

  245 Kirk Ave, Memphis, TN 38109

  House needs complete renovation. House has been gutted to the floor joists. (Proceed with Caution) . House has no utilities etc.

  Jabari Bailey The Bailey Company Realty, Inc

  245 Kirk Ave, Memphis, TN 38109
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  /2

  $75,000

  • 3 Beds
  • 1 Bath
  • 1,299 Sq Ft

  1398 Leflore Place, Memphis, TN 38106

  This three-bedroom home is a strong investment opportunity offering reliable monthly rental income of $950. The property is tenant-occupied and already cash flowing, providing immediate returns for the new owner. With a practical layout and consistent rental history, this home is well positioned as a low-maintenance addition to any portfolio. Ideal for both first-time and seasoned investors,

  Terrance Hill eXp Realty, LLC

  1398 Leflore Place, Memphis, TN 38106
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  /2

  $6,200

  • Land
  • 0.1 Acre
  • $62,000 per Acre

  0 Nicholas St, Memphis, TN 38107

  Historic charm + future growth = purchasing this plot of land is the Memphis move. Contact me ASAP to make this land yours! pc# 039017 00018 Big things are happening! Mississippi Boulevard Christian Church & Meharry Medical College unveil a $310M Midtown redevelopment just miles away.

  Karen Walker Epique Realty

  0 Nicholas St, Memphis, TN 38107
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  /12

  $60,000

  • 3 Beds
  • 4 Baths
  • 800+ Sq Ft

  3430 Shiloh Dr, Memphis, TN 38127

  Cute all Brick 3 Bedroom 1 Bath home with single carport.. Some updates, newer roof, kitchen and flooring. This property may qualify for Seller Financing (Vendee) see attached documents. OWNED BY THE SECRETARY OF VETERAN AFFAIRS. If property was built prior to 1978, Lead Based Paint Potentially Exists. Property being Sold AS-IS~~May not meet FHA Requirements

  Scott Housewirth Crye-Leike Inc., REALTORS

  3430 Shiloh Dr, Memphis, TN 38127
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  /13

  $69,900

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

  752 Castle St, Memphis, TN 38107

  Great investment opportunity! This property has been recently renovated and only needs your finishing touches. Would make a great family home or produce a profitable rental return in a neighborhood where rental rates are rising at a fast pace. Call listing agent with any questions and Broker Bay for showings.

  Tyler Bowman Weichert, REALTORS-BenchMark

  752 Castle St, Memphis, TN 38107
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  /12

  $99,900

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

  4509 Double Tree Rd, Memphis, TN 38109

  Excellent opportunity to start investing or add to your current portfolio. Have a look

  Tia Jennings Keller Williams

  4509 Double Tree Rd, Memphis, TN 38109
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  /6

  $105,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  2410 W Hollyford Rd, Memphis, TN 38114

  Investors only! This property could be a great addition to your investment portfolio. Property is professionally managed. No sign. No wholesalers, no assignments, no creative financing, no owner financing, no blind offers! Cash or conventional offers only! TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Currently leased at $950/month through

  James Wachob Foundation Property Management

  2410 W Hollyford Rd, Memphis, TN 38114
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  /11

  $115,000

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

  990 N Avalon St, Memphis, TN 38107

  Tenant occupied. Do not approach or disturb tenant. No showings until offer has been accepted. Part of portfolio - see attached docs for full list. Current rent: $1135.

  Michael Bryan Bryan Realty Group

  990 N Avalon St, Memphis, TN 38107
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  /31

  $109,900

  • 3 Beds
  • 1 Bath
  • 1,170 Sq Ft

  3669 Trudy Cove, Memphis, TN 38128

  This charming single-level home blends fresh updates with classic simplicity, offering a welcoming layout ideal for comfortable living. Inside, the home features a spacious living area with wood-style flooring and a subtle step-up accent that leads into a bright dining space. The kitchen is equipped with white cabinetry, ample counter space, and black appliances. Multiple bedrooms are spread

  Alexis Martz Trelora Realty

  3669 Trudy Cove, Memphis, TN 38128
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  /12

  $75,000

  • 3 Beds
  • 1 Bath
  • 1,134 Sq Ft

  2025 Clarksdale Ave, Memphis, TN 38108

  Opportunity knocks! This 3-bedroom, 1-bath gem is nestled in a neighborhood undergoing exciting revitalization, making it a smart buy for homeowners and investors alike. Most renovations are already complete, offering a fresh and inviting interior while leaving room for your personal touch. This home is being sold as-is and priced for a quick sale. Whether you're looking to settle in a growing

  Cassandra Bell-Warren 4 Success Realty, LLC

  2025 Clarksdale Ave, Memphis, TN 38108
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  /2

  $85,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  2764 Burns Ave, Memphis, TN 38114

  Investment opportunity. Seller is liquidating her portfolio. Tenant occupied. Please do not disturb tenants. All appts will be made thru the agent. 2 bdrm & 1 Bthrm home with lots of potential. Long term Tenant has been paying $600. a month. She's also selling 2768 Burns Ave. & 2481 Kimball Ave. She will possible offer a package deal. Please call me for more details.

  Francyetta Seward C21 Patterson & Assoc. Real Es

  2764 Burns Ave, Memphis, TN 38114
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  /3

  $32,000

  • Land
  • 0.15 Acre
  • $213,333 per Acre

  2425 Forrest Ave, Memphis, TN 38112

  Build your dream home on this fantastic midtown lot. Convenient location close to Sam Cooper and North Parkway. Steps away from Overton Park which includes a 9 hole golf course, the Overton Park Shell, and the Memphis Zoo. Make this lot yours today!

  Diane Benson Malkin Marx-Bensdorf, REALTORS

  2425 Forrest Ave, Memphis, TN 38112
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  /2

  $17,500

  • Land
  • 0.29 Acre
  • $60,345 per Acre

  71 E Geeter Rd, Memphis, TN 38109

  Great lot for development or investment located in a residential area. This lot is near local gas stations and restaurants.

  Kelbert Fagan Crye-Leike, Inc., REALTORS

  71 E Geeter Rd, Memphis, TN 38109
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  /7

  $23,000

  • 3 Beds
  • 1.5 Baths
  • 1,195 Sq Ft

  2536 Calvert Ave, Memphis, TN 38108

  Three bedroom, one-and-a-half-bath investment property featuring a brand-new roof. Great opportunity for investors seeking strong rental potential or a remodel project. Property being sold as-is. Cash Only.

  Gaby Harsanyi Adaro Realty, Inc.

  2536 Calvert Ave, Memphis, TN 38108
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  /8

  $71,600

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  45 N Belvedere Blvd Unit 102, Memphis, TN 38104

  2 (two) Conds, one at 151 N. Belvedere #24, MLS 1020386 and one at 45 N Belvedere #102. Both conds leased. One at $850 per mo and one at $875. Can purchase as a Pkg or separately. Pictures shows the renovation before leasing. Owner wants quick sell and Owner's financing available. Call to inspect. advance notification required.

  Christine Abston REMAX Experts

  45 N Belvedere Blvd Unit 102, Memphis, TN 38104
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  /20

  $125,000

  • 4 Beds
  • 2 Baths
  • 1,451 Sq Ft

  423 Laclede Ave, Memphis, TN 38126

  Great Investment Opportunity! This 4 bedroom, 2 bathroom home offers solid potential for a rental portfolio or a profitable flip. Featuring a functional layout with a comfortable living area and well-sized bedrooms. This property is ready for your personal touches. Whether you’re looking to renovate or hold as a long-term rental, the possibilities are endless. Conveniently located near local

  Jeff Goff Keller Williams

  423 Laclede Ave, Memphis, TN 38126
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  /6

  $130,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  1318 Breedlove St, Memphis, TN 38107

  Sold with Land Parcels 040004 00001 an 040007 00007 Contact the Listing agent to view.

  Jackie Braden Braden, Braden & Braden LLC

  1318 Breedlove St, Memphis, TN 38107
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  /5

  $75,000

  • 3 Beds
  • 1 Bath
  • 1,335 Sq Ft

  1336 James St, Memphis, TN 38106

  Perfect home for first time buyer and/or add to your portfolio for investment....home being sold as is. 3 bedrooms/1 bath. Tenant occupied/Drive by only/do not disturb tenant

  Mae Moore Grand Point Realty, LLC

  1336 James St, Memphis, TN 38106
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  /13

  $99,900

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  2705 Mcmurray St, Memphis, TN 38118

  Terrific investment opportunity. Tenant occupied, cash flowing and professionally managed home. Currently rented for $955/mo with a $925 deposit on file. Lease expires 05/31/26. Do not approach or disturb tenant, no showings without an accepted offer. No wholesale, assignment, seller finance or creative finance. Seller also selling: 3110 Aden, 3243 13 Colony #2B, 2705 McMurray, 1753 S Winston.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2705 Mcmurray St, Memphis, TN 38118
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  /6

  $12,500

  • Land
  • 0.27 Acre
  • $46,296 per Acre

  2308 Ketchum Rd, Memphis, TN 38114

  Commercial lot opportunity for the savvy investor. 0.27 acres on a corner lot very near I-240 and Airways. Nearby properties include a large apartment complex, hotel, restaurants, and neighborhood services. Drive by anytime to view. Contact your favorite real estate agent to submit an offer today!

  Rebecca Edwards Keller Williams

  2308 Ketchum Rd, Memphis, TN 38114
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  /9

  $110,000

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

  2851 Carnes Ave, Memphis, TN 38114

  Investment Opportunity! Property being sold AS-IS. Do not disturb tenants. No showing until offer is accepted. Home is part of a 5 home portfolio package or can be purchase individually too. The other local addresses are 3119 Allison Ave, 4530 Beacon Hill Dr, 1153 and 1299 Dunnavant St.

  Bernard Evans 4 Success Realty, LLC

  2851 Carnes Ave, Memphis, TN 38114
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  /24

  $87,000

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

  386 Mcfarland Dr, Memphis, TN 38109

  This property presents a fantastic opportunity for investors, renovators, or buyers looking to bring their vision to life. Located in Memphis, this home is being sold as-is with no warranties or repairs offered by the seller. Whether you’re seeking a project to add value, rental potential, or a chance to create your own space, this property offers plenty of possibilities. With its location and

  Kelly Day SimpliHOM

  386 Mcfarland Dr, Memphis, TN 38109
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  /2

  $10,000

  • Land
  • 0.14 Acre
  • $71,429 per Acre

  1615 Southern Ave, Memphis, TN 38114

  Nice Lot! Come build your new house!

  Myles Wilson Keller Williams

  1615 Southern Ave, Memphis, TN 38114
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  /22

  $152,000

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

  4757 Bluff Wood Cove, Memphis, TN 38128

  Step into style and comfort with this gorgeous 3 bedroom, 2 bath home in the up and coming Raleigh area! Built in 2022, this modern gem is completely turn-key and ready for your arrival. The open-concept creates the perfect backdrop for entertaining, while the large backyard is ready for pets and play. Don't miss your chance to own a like-new home!!!

  Randell Richmond eXp Realty, LLC

  4757 Bluff Wood Cove, Memphis, TN 38128
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  /7

  $60,000

  • 4 Beds
  • 1 Bath
  • 1,272 Sq Ft

  2984 Benjestown Rd, Memphis, TN 38127

  Four bedroom one bathroom home on quiet street that is being offered at a great price. Property being sold as-is, cash offers only. This home could be worth a lot of money once rehabbed. Super convenient location that is near stores, restaurants, and other amenities. Many homes in this area are being rehabbed and sold for more money. Could be a great primary residence or investment property. Home

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2984 Benjestown Rd, Memphis, TN 38127
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  /16

  $86,900

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

  3967 Grahamdale Cir Unit 3967B, Memphis, TN 38122

  Tenant Occupied 3 bed 2 bath. Rents for $1200/Mo New Paint and seller is willing to provide a $1000 carpet allowance with a full price offer. 1/3 of a package deal with 3989A and 3981A. Large Community Pool. No Subject-to offers. No Wholesalerss

  Raychel Day C21 Patterson & Assoc. Real Es

  3967 Grahamdale Cir Unit 3967B, Memphis, TN 38122
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  /15

  $129,900

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

  2011 Lauretta Ave, Memphis, TN 38127

  Turnkey Investment with Instant Cash Flow! Fully renovated and leased with a seasoned tenant in place, this property is professionally managed by a trusted local investment firm. Inside, you’ll find bright, spacious living with hard-surface flooring, an upgraded kitchen, and modernized bathrooms. Professional property management in place. The property is currently leased at $1,195/month through

  James Wachob Foundation Property Management

  2011 Lauretta Ave, Memphis, TN 38127
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  /26

  $90,000

  • 1 Bed
  • 1 Bath
  • 100+ Sq Ft

  108 N Belvedere Blvd Unit 33, Memphis, TN 38104

  Four "Belvedere Gardens" Units for sale as a package deal for $360,000. Individual Prices available. Two 2-bedroom units and two 1-bedroom units available. Three furnished units are at 108 N Belvedere. THIS UNIT is $90,000 on its own. Fully furnished 1-BR & 1 Bath - First floor flat, including kitchen needs, bedding, linens and accessories. Central heat/air. refrigerator and range included.

  Felix Bishop Crye-Leike, Inc., REALTORS

  108 N Belvedere Blvd Unit 33, Memphis, TN 38104
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  /14

  $94,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  3189 Morningside St, Memphis, TN 38127

  Newly remodeled home, with a spacious yard. Priced to sell!

  Claudia Routh TRG Real Estate Services, LLC

  3189 Morningside St, Memphis, TN 38127
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  /18

  $139,900

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

  3484 Vernon Ave, Memphis, TN 38122

  Nice Duplex available. Great Investment earning property with 2 bedrooms/1 bath on the Left side and a 1 bedroom/1 bath on the Right side. New windows have been installed in 2 bedroom and 1 bedroom will have new windows soon. *No "subject to" or owner finance offers.

  Jeff Goff Keller Williams

  3484 Vernon Ave, Memphis, TN 38122
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  /9

  $80,000

  • 1 Bed
  • 1 Bath
  • 600+ Sq Ft

  232 S Highland St Unit 806, Memphis, TN 38111

  Just Reduced- $80,000! Your Modern 1-Bedroom Condo. This move-in ready home offers a modern look, updated appliances and a renovated master bathroom. Beyond the unit, this condo offers a sparkling community pool, covered parking and 24-hour security. The location is a major plus too: you're minutes from the University of Memphis! Perfect for anyone wanting quick access to campus. You will also be

  Jennifer Chalmers Faith First Realty

  232 S Highland St Unit 806, Memphis, TN 38111
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  /8

  $117,900

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

  1869 S Lauderdale St, Memphis, TN 38106

  Turnkey Investment Opportunity! This beautifully updated single-family home is leased to a dependable long-term tenant at $1,000/month through June 2026. Renovations completed in April 2022 include a brand new roof, AC condenser, furnace & A-coil, water heater, plus a modern kitchen and remodeled bathrooms. Professionally managed with well-documented maintenance and tenant history. Showings with

  Jeremy Veldman KAIZEN Realty, LLC

  1869 S Lauderdale St, Memphis, TN 38106
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  /17

  $28,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  1554 Pillow St, Memphis, TN 38106

  Investor’s Delight! Looking for your next investment opportunity in the heart of South Memphis? This 2-bedroom, 1-bathroom corner-lot home also features a small bonus room by the back door—perfect for an office, storage, or flex space. The property is ready for a full renovation and offers the ideal chance to build generational wealth and residual income. Don’t miss out—cash offers only! Owner

  Chinna Prude-Anderson C21 Patterson & Assoc. Real Es

  1554 Pillow St, Memphis, TN 38106
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  /2

  $130,000

  • 4 Beds
  • 3 Baths
  • 2,135 Sq Ft

  2107 Worthington Cir, Memphis, TN 38114

  This charming home is a fantastic opportunity for first-time homebuyers or investors looking to add a solid property to their portfolio. Located on a quiet, established street, the home offers comfort, functionality, and long-term value. Inside, you’ll find a practical layout with spacious living areas and plenty of natural light. The floor plan flows well for everyday living and provides

  Olena Chambers KAIZEN Realty, LLC

  2107 Worthington Cir, Memphis, TN 38114
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  /2

  $135,000

  • 3 Beds
  • 1 Bath
  • 962 Sq Ft

  1236 Darlow St, Memphis, TN 38122

  Charming 3 bed 1 bath home in 38122. Features a bright living area, functional kitchen, and spacious bedrooms. Large yard perfect for outdoor living. Conveniently located near shopping, dining, schools, and major roads. Great starter or investment property. Currently occupied on a month to month lease, do not disturb tenants. Offers must be submitted before any showings.

  Cesar Lara Fast Track Realty, LLC

  1236 Darlow St, Memphis, TN 38122
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  /2

  $5,000

  • Land
  • 0.37 Acre
  • $13,514 per Acre

  41 E Brooks Rd, Memphis, TN 38109

  Builders/Investors get your building plan underway! Buyer to conduct all due diligence, selling AS-IS WHERE-IS. PLEASE contact listing agent for more information on this & other active lots

  Dawn Kinard Welch Realty, LLC

  41 E Brooks Rd, Memphis, TN 38109

Showing Results 121 - 160, Page 4 of 18