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

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  /9

  $65,000

  • 2 Beds
  • 1 Bath
  • 715 Sq Ft

  2344 Warren St, Memphis, TN 38106

  Turnkey investment opportunity in the heart of South Memphis! This renovated 3-bedroom, 1-bath home at 2344 Warren St, Memphis, TN 38106 is cash-flow ready with projected rental income of $950 per month. Priced at just $65,000, this property offers strong returns for both new and seasoned investors. Features include updated flooring, fresh paint, spacious living areas, and a large yard.

  

  Austin Hall

  Evernest Too, LLC

  2344 Warren St, Memphis, TN 38106
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  /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

  

  Tonya McDowell

  The Stamps Real Estate Company

  0 Coker St, Memphis, TN 38107
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  /2

  $149,000

  $29K PRICE INCREASE

  • 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.

  

  Caleb Hall

  Keller Williams

  702 Atlantic St, Memphis, TN 38112
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  /2

  $142,310

  • 1 Bed
  • 1,155 Sq Ft

  1057 N Holmes St, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $900 with a lease expiration of 11/31/2026. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  1057 N Holmes St, Memphis, TN 38122
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  /2

  $146,300

  • 2 Beds
  • 1 Bath
  • 1,028 Sq Ft

  3592 Kendrick Rd, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $600 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  3592 Kendrick Rd, Memphis, TN 38108
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  /4

  $119,900

  $3K PRICE DROP

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

  804 Keel Ave, Memphis, TN 38107

  Turnkey single-family rental opportunity in the growing North Memphis market! This well-maintained home at 804 Keel Ave, Memphis, TN is currently tenant occupied and generating $1,175 per month in rental income, making it an ideal cash-flow investment for both new and experienced investors. Listed at $122,900, this property offers strong rental performance with immediate income potential from day

  

  Austin Hall

  Evernest Too, LLC

  804 Keel Ave, Memphis, TN 38107
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  /8

  $89,000

  • 2 Beds
  • 1 Bath
  • 1,076 Sq Ft

  1487 Swift St, Memphis, TN 38109

  Renovated in 2023, this income-producing property is an excellent opportunity for investors seeking a rent-ready asset with professional management already in place. Featuring a functional floor plan with a spacious living room, separate dining area, decorative fireplace, and a dedicated laundry room, this home also offers a covered front porch and a large backyard—appealing features for

  

  Amy Woods

  Crye-Leike, Inc., REALTORS

  1487 Swift St, Memphis, TN 38109
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  /16

  $89,000

  • 3 Beds
  • 2 Baths
  • 1,470 Sq Ft

  4801 James Kent Ct, Memphis, TN 38118

  ?? INVESTMENT OPPORTUNITY – 4801 James Kent Ct, Memphis, TN Investor alert! Don't miss this unique split-level townhouse in Memphis offering immediate rental income with additional upside. ?? Asking Price: $85,000 obo Investment Highlights: Bottom floor currently tenant-occupied at $750/month Split-townhouse layout provides excellent flexibility for investors Opportunity to increase cash flow

  

  Austin Hall

  Evernest Too, LLC

  4801 James Kent Ct, Memphis, TN 38118
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  /2

  $125,020

  • 2 Beds
  • 1 Bath
  • 672 Sq Ft

  3734 Townes Ave, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $700 month to month. No creative finance offers.

  

  Caleb Hall

  Keller Williams

  3734 Townes Ave, Memphis, TN 38122
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  /12

  $45,000

  • 3 Beds
  • 1 Bath
  • 1,352 Sq Ft

  880 Juliet Ave, Memphis, TN 38127

  HUD-owned property being sold As-Is. FHA Uninsurable (UI), but eligible for FHA 203(k) renovation financing—an excellent opportunity for owner-occupants looking to customize a home or investors seeking value-add potential. Cash and conventional financing are also welcome. Buyer to verify all information, including square footage, lot size, schools, utilities, HOA (if applicable), and property

  

  Michael Tally

  Tally Real Estate Group, LLC

  880 Juliet Ave, Memphis, TN 38127
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  /2

  $40,000

  • 2 Beds
  • 2.5 Baths
  • 1,358 Sq Ft

  2800 Mojave Place Unit 173, Memphis, TN 38115

  TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Being sold AS-IS. Property is rented for $855/month. No showings without an accepted contract. Make offers contingent on inspection. Great opportunity for building your portfolio with massive cashflow! Being sold in a Memphis investor portfolio which includes 5655 Encino Cove, Apt 1, 38115; 5660 Los Gatos Dr, Apt 2, 38115, 5698 Los Gatos Dr,

  

  Jordan Ray

  eXp Realty, LLC

  2800 Mojave Place Unit 173, Memphis, TN 38115
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  /2

  $147,630

  • 2 Beds
  • 1 Bath
  • 916 Sq Ft

  3561 Orchi Rd, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $1,000 with a lease expiration of 03/31/2026. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  3561 Orchi Rd, Memphis, TN 38108
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  /2

  $6,000

  • Land
  • 4,356 Sq Ft
  • $60,000 per Acre

  356 Cambridge Ave, Memphis, TN 38106

  Lot ready to be developed. Just drive by.

  

  Jo Mathes

  Pinnacle Realty

  356 Cambridge Ave, Memphis, TN 38106
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  /19

  $115,900

  $4K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 935 Sq Ft

  829 Josephine St, Memphis, TN 38114

  Welcome home to this charming renovated 2 BR + 1 Bath home with modern updates throughout. This move-in ready home features fresh interior & exterior paint, new vinyl wood flooring, and updated interior & exterior light fixtures. The kitchen has been refreshed with white shaker cabinets & new countertops, offering a clean and functional space. The bathroom includes a new vanity and updated

  

  Raychel Day

  Renshaw Company, REALTORS

  829 Josephine St, Memphis, TN 38114
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  /2

  $148,960

  • 3 Beds
  • 1 Bath
  • 974 Sq Ft

  3954 Berkshire Ave, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $725 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  3954 Berkshire Ave, Memphis, TN 38108
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  /24

  $89,900

  $10K PRICE DROP

  • Land
  • 25,264 Sq Ft
  • $155,000 per Acre

  9385 Greybear Cove, Unincorporated, TN 38018

  Lots,Lots, & more LOTS! (18 to be exact) Here is A rare Opportunity in Shelby County outside the city limits. Discover the perfect setting for your dream home in this beautiful, private gated community. With 18 lots to choose from, you can select the ideal homesite that fits your vision. Enjoy the convenience of city water and sewer, while benefiting from being located in an unincorporated area.

  

  John Stamps

  The Stamps Real Estate Company

  9385 Greybear Cove, Unincorporated, TN 38018
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  /24

  $130,000

  • 4 Beds
  • 2 Baths
  • 1,630 Sq Ft

  3554 Tutwiler Ave, Memphis, TN 38122

  Opportunity is knocking! Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this charming duplex is packed with potential. Situated on a spacious. lot, this property offers approximately 1,630 square feet with a total of 4 bedrooms and 2 bathrooms, providing flexibility for a variety of living or investment strategies.

  

  Bang Nguyen

  REMAX Experts

  3554 Tutwiler Ave, Memphis, TN 38122
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  /16

  $99,901

  • 3 Beds
  • 1 Bath
  • 1,102 Sq Ft

  1561 W Dianne Cir, Memphis, TN 38114

  Rare investment opportunity to buy under 100K. Currently rented through 2027. Recently updated and renovated. Property is being offered as a package of 3 properties, all under 100K each. Reach to our listing firm 901 REALTORS, for this and other great properties in the Memphis Area.

  

  Pablo Pereyra

  901, REALTORS

  1561 W Dianne Cir, Memphis, TN 38114
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  /2

  $146,000

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

  4117 Grey Rd, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $1,100 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  4117 Grey Rd, Memphis, TN 38108
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  /2

  $150,290

  • 3 Beds
  • 1 Bath
  • 1,021 Sq Ft

  3504 Buchanan Ave, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $900 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

  3504 Buchanan Ave, Memphis, TN 38122
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  /21

  $66,000

  • Land
  • 3.77 Acres
  • $17,507 per Acre

  Lakehurst Dr, Memphis, TN 38128

  Discover the potential of this beautiful 3.77 acre wooded property located on Lakehurst Drive in the Forest Lake Neighborhood in Memphis, Tennessee. Featuring mature timber and a peaceful natural setting, this Shelby County property offers an excellent opportunity to build your dream home, create a private retreat, or invest in land with outstanding potential.Conveniently located just

  Payton Shinault Smalltown Hunting Properties & Real Estate

  Lakehurst Dr, Memphis, TN 38128
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  /2

  $19,887

  • Land
  • 1 Acre
  • $19,887 per Acre

  687 W Peebles Rd, Memphis, TN 38109

  This listing is for the assignment of my equitable interest in a purchase agreement. Buyer will purchase my contract rights and close through the designated title company. Package deal with 582 W Peebles rd.Total price is 19,887. Each property is roughly .25 acres.Buildable lots.Zoning - CMU-1 for bothAny questions reach out.Cell - 828 303 6846

  Bobby DelGuercio

  687 W Peebles Rd, Memphis, TN 38109
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  /2

  $5,000

  $7K PRICE DROP

  • Land
  • 14,810 Sq Ft
  • $14,706 per Acre

  55 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

  55 E Brooks Rd, Memphis, TN 38109
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  /20

  $145,000

  • 3 Beds
  • 2 Baths
  • 1,500 Sq Ft

  3764 Hanna Dr, Memphis, TN 38128

  Welcome to this charming 3-bedroom, 2-bathroom brick ranch offering 1,500 square feet of comfortable single-level living. Inside, you'll find rich wood-look flooring throughout the main living areas, complemented by crown molding and chair rail detailing that add a polished touch. The kitchen offers plenty of white cabinetry and ample counter space, perfect for everyday cooking. Both bathrooms

  Ryan Harrell Premier Realty Group, LLC

  3764 Hanna Dr, Memphis, TN 38128
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  /35

  $59,900

  $8K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 745 Sq Ft

  2997 Walnut Grove Rd Unit 3, Memphis, TN 38111

  Experience Gated Living in a quiet community for an unbelievably affordable price. Walnut Grove Co-op is Truly a little gem of a community hidden in East Memphis. Two bedrooms, 1 bath, with hardwood floors and renovated kitchen. This unit has 1 new high eff. HVAC system 2024 furnace and compressor. New gas hot water heater 2022, high efficiency storm windows throughout, new kitchen cabinets,

  Jeff Bennett Hobson, REALTORS

  2997 Walnut Grove Rd Unit 3, Memphis, TN 38111
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  /16

  $115,000

  • 2 Beds
  • 1 Bath
  • 886 Sq Ft

  801 Bowen Cir, Memphis, TN 38122

  Move-in ready and packed with value, this charming 2-bedroom, 1-bath home is the perfect opportunity for first-time homebuyers, downsizers, or investors looking to add a solid property to their portfolio. Conveniently located just off Summer Avenue near Highland Heights, you'll enjoy easy access to shopping, restaurants, schools, major employers, I-40, and everything Memphis has to offer. Inside,

  Aaron Ivey eXp Realty

  801 Bowen Cir, Memphis, TN 38122
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  /40

  $140,000

  $12K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 1,825 Sq Ft

  2688 Browning Ave, Memphis, TN 38114

  WANT TO MAKE MONEY OWNING AN AIRBNB? HERES YOUR CHANCE! Welcome to 2688 Browning Ave! This charming 4-bedroom, 3-bath traditional home offers a polished and versatile layout! Step inside to a freshly painted interior featuring two bedrooms on the main level for added convenience. The inviting living area is highlighted by a cozy brick fireplace and new windows that fill the home with natural

  James Wachob Foundation Property Management

  2688 Browning Ave, Memphis, TN 38114
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  /25

  $125,000

  • 2 Beds
  • 1.5 Baths
  • 1,008 Sq Ft

  2854 Douglass Ave, Memphis, TN 38114

  Built in 2022, this beautifully crafted home offers the perfect blend of modern style, comfort, and convenience in the heart of the historic Orange Mound community. Inside, you'll find 2 spacious bedrooms, 1.5 baths, a bright sun porch, and luxury vinyl plank flooring throughout. The eat-in kitchen features beautiful butcher block countertops, while the primary suite includes generous closet

  Patrice Williams-Wooten Keller Williams

  2854 Douglass Ave, Memphis, TN 38114
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  /2

  $80,000

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

  948 Pearce St, Memphis, TN 38107

  Property tenant occupied. Great investment opportunity in the Uptown Memphis area. Sold as is. Part of a package of homes can be sold individually or together: 948 Pearce, 506 Sixth, 671 McDavitt, 676 Looney, 680 Looney, 688 Looney, 692 Looney, 784 Looney, 876 N Third, 2227 Clayton, and 226 Chelsea ave. No wholesaler or assignment of contract offers will be accepted.

  Virgil Pryor Harris Realty Services

  948 Pearce St, Memphis, TN 38107
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  /2

  $129,000

  • 3 Beds
  • 2 Baths
  • 1,159 Sq Ft

  3872 Windermere Rd, Memphis, TN 38128

  Tenant occupied. Do no disturb. Currently rented for $1150 month until February 2027. Can be shown with accepted offer.

  Joshua Hisaw Keller Williams

  3872 Windermere Rd, Memphis, TN 38128
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  /2

  $8,500

  • Land
  • 1,742 Sq Ft
  • $212,500 per Acre

  564 Plum Ave, Memphis, TN 38107

  Vacant lot with Industrial (IH) Zoning

  Corey Seymore Crye-Leike, Inc., REALTORS

  564 Plum Ave, Memphis, TN 38107
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  /2

  $5,000

  • Land
  • 2,178 Sq Ft
  • $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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  /9

  $105,000

  $5K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 757 Sq Ft

  6692 Whispering Oak Place Unit 3, Memphis, TN 38120

  $5K PRICE IMPROVEMENT!! Perfect alternative to renting! This charming ground-level 1-bedroom, 1-bath condo with a versatile study is nestled in a lovely community on the edge of Germantown. The open floor plan features beautiful luxury vinyl plank flooring throughout, with tile in the kitchen and bath for easy maintenance. The study offers the perfect space for a home office, reading nook, or

  Kim Jones Faith Management & Realty Grou

  6692 Whispering Oak Place Unit 3, Memphis, TN 38120
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  /2

  $150,000

  • 3 Beds
  • 1.5 Baths
  • 1,354 Sq Ft

  4577 Bogart St, Memphis, TN 38116

  Add a performing rental to your portfolio with this 3-bedroom, 1.5-bath home offering approximately 1,355 square feet of living space. Currently leased at $1,200 per month, this property provides immediate income from day one, making it an attractive option for both seasoned and first-time investors. The home features a functional floor plan, spacious living areas, and a large lot with room to

  Garth Ward eXp Realty, LLC

  4577 Bogart St, Memphis, TN 38116
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  /9

  $135,000

  • 3 Beds
  • 2 Baths
  • 1,092 Sq Ft

  818 Crockett St, Memphis, TN 38107

  Renovated 3 BD 2 bath, New HVAC, New hot water tank and most windows replaced Perfect for Investors to add an additional rental to your investment portfolio. This charming property features fresh interior paint, new flooring, updated kitchen and baths, turnkey property with great potential. Large yard and conveniently located. Don't miss out on this opportunity.

  Chastity Wamble Moss Real Estate

  818 Crockett St, Memphis, TN 38107
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  /2

  $5,000

  • Land
  • 4,356 Sq Ft
  • $50,000 per Acre

  598 Williams Ave, Memphis, TN 38126

  Great opportunity to build on a vacant residential lot in Memphis. Convenient location with easy access to shopping, dining, and major roadways. Buyer to verify lot size, utilities, zoning, and any building requirements.

  Crystal Mitchell Renshaw Company, REALTORS

  598 Williams Ave, Memphis, TN 38126
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  /2

  $79,900

  • 2 Beds
  • 1.5 Baths
  • 1,013 Sq Ft

  3737 Wyndance Cove, Memphis, TN 38135

  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 wholesaler or assignment of contract offers will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3737 Wyndance Cove, Memphis, TN 38135
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  /9

  $124,900

  $9K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,399 Sq Ft

  895 Enfield Rd, Memphis, TN 38116

  Welcome home to this charming Whitehaven property featuring 2 bedrooms, 1 full bath, and a spacious 2-car garage. Conveniently located near shopping centers, restaurants, public transportation, and major roadways, this well-maintained home offers both comfort and accessibility. Pride of ownership shows throughout, making this property a great opportunity for homeowners or investors

  David Anthony KAIZEN Realty, LLC

  895 Enfield Rd, Memphis, TN 38116
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  /12

  $84,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 925 Sq Ft

  1872 Portland Ave, Memphis, TN 38127

  Wonderful, Move-In Ready 3BR/1BA Home in Memphis~Tenant Occupied at $895/Month~Lease Begins April 1, 2026 for 2 Years~Property Fully Renovated in 2020~Renovations Included New Furnace & New Central AC~Repairs Just Completed After Tenant Moved Out Including Fresh Interior Paint Throughout~Wood Floors Everywhere, No Carpet~Large Corner Lot

  Jennifer Carstensen Real Estate Agency

  1872 Portland Ave, Memphis, TN 38127
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  /10

  $75,000

  • 3 Beds
  • 1 Bath
  • 1,035 Sq Ft

  4499 Range Line Rd, Memphis, TN 38127

  ATTENTION INVESTORS! PRICE REDUCED! GREAT CASH FLOW OPPORTUNITY! Tenant-occupied 3BR/1BA home renting for $895/month with a stable long-term tenant and lease through May 2026. Renovated in 2022 with new floors, updated kitchen and bath, fresh paint, and much more! Water heater replaced in 2024; roof approx. 5 years old. Professionally managed, maintenance report and tenant ledger available upon

  Jeremy Veldman KAIZEN Realty, LLC

  4499 Range Line Rd, Memphis, TN 38127

Showing Results 121 - 160, Page 4 of 18