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

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  /2

  $93,000

  $29K PRICE INCREASE

  • 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

  

  Caleb Hall

  Keller Williams

  1033 Cindy Ln, Memphis, TN 38127
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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

  $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

  

  Jordan Ray

  eXp Realty, LLC

  1479 Oriole St, Memphis, TN 38108
• 

  

  /2

  $79,000

  $25K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  918 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 4/1/27

  

  Caleb Hall

  Keller Williams

  918 Joel Ave, Memphis, TN 38127
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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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  /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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  /2

  $139,000

  $16K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,621 Sq Ft

  1472 E Holmes Rd, Memphis, TN 38116

  Investor Opportunity – Turnkey Rental with Long-Term Tenant Located at 1472 E Holmes Rd, Memphis, TN, this income-producing property is a solid addition to any rental portfolio. Currently generating $1,185/month in rent, this home offers immediate cash flow with a reliable tenant in place for over 10 years—a rare and valuable advantage for investors seeking stability. This property minimizes

  

  Austin Hall

  Evernest Too, LLC

  1472 E Holmes Rd, Memphis, TN 38116
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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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  /8

  $149,901

  • 4 Beds
  • 2 Baths
  • 1,735 Sq Ft

  4444 & 4446 Sumners Wells Rd, Memphis, TN 38118

  Investor opportunity! Fully occupied duplex generating immediate rental income with both units leased at $790 per month. This brick duplex features two well-maintained units with updated flooring, neutral paint colors, and functional layouts that appeal to long-term residents. Conveniently located near major roadways, shopping, dining, and employment centers. Whether you're looking to expand your

  

  Dylan Johnson

  901, REALTORS

  4444 & 4446 Sumners Wells Rd, Memphis, TN 38118
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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

  $117,900

  $2K 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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  /9

  $25,000

  $13K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  2139 Lyon Ave, Memphis, TN 38108

  Fantastic Investment Opportunity In Hyde Park neighborhood! AS-IS! No wholesalers! No seller financing! Cash or Hard Money offers only! The seller is looking for offers with no inspection contingencies since the property is vacant and can be viewed anytime. Rental rates for the area are $750 - $1,100/month. VIDEO AVAILABLE UPON REQUEST!

  

  Jordan Ray

  eXp Realty, LLC

  2139 Lyon Ave, Memphis, TN 38108
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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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  /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

  $65,000

  $55K PRICE DROP

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

  1060 Forrest Ave, Memphis, TN 38105

  Great investment opportunity-Investors this is one for the books! Located Downtown and minutes from the Medical District. As-Is Sale. Bring all offers!

  

  Tammy Taylor

  KAIZEN Realty, LLC

  1060 Forrest Ave, Memphis, TN 38105
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  /2

  $114,000

  $4K PRICE DROP

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

  828 Floyd 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 $875/mo. Professionally managed. Lease expires on 4/1/2027.

  

  Caleb Hall

  Keller Williams

  828 Floyd Ave, Memphis, TN 38127
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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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  /11

  $130,000

  $5K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,107 Sq Ft

  2452 Saratoga Ave, Memphis, TN 38114

  INVESTOR ALERT! Turnkey, tenant-occupied duplex with strong cash flow, exceeding the 1% rule. Both units leased at $700/month. Memphis continues to attract investor demand due to affordable price points and solid rent-to-price ratios. No assignable offers. No seller financing. Drive by only. Do not disturb tenants. Showings only with accepted contract.

  

  Walter Jones

  BEST Real Estate Company

  2452 Saratoga Ave, Memphis, TN 38114
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  /16

  $29,000

  • 3 Beds
  • 1 Bath
  • 1,056 Sq Ft

  2243 Clarksdale Ave, Memphis, TN 38108

  Great investment opportunity on this 3/1 brick bungalow in Hyde Park with established neighbors. Built in 1952 as a duplex, the home was converted to single family and offers good space. Nice size kitchen, laundry & bedrooms, with heart of pine flooring under vinyl. All kitchen appliances & portable AC unit convey, as well as a newer gas water heater (not installed). Roof is 4 years old! NEW

  

  Paige Arnold

  Crye-Leike, Inc., REALTORS

  2243 Clarksdale Ave, Memphis, TN 38108
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  /2

  $74,000

  $4K PRICE DROP

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

  607 Burlington 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 $800/mo. Professionally managed. Lease expires on 7/31/2026

  

  Caleb Hall

  Keller Williams

  607 Burlington Cir, Memphis, TN 38127
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  /15

  $135,000

  • 3 Beds
  • 2 Baths
  • 1,420 Sq Ft

  2939 Mountain Terrace St, Memphis, TN 38127

  Step into this inviting 3-bedroom, 2-bath home nestled in a peaceful, established neighborhood. From the moment you arrive, you’ll feel the warmth and care that’s gone into maintaining this lovely property. The bright living area is filled with natural light — perfect for relaxing or spending time with family. The kitchen offers plenty of cabinet space and a layout that makes cooking easy and

  

  Zachary Churchey

  Churchey Realty

  2939 Mountain Terrace St, Memphis, TN 38127
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  /2

  $126,350

  • 3 Beds
  • 1 Bath
  • 1,418 Sq Ft

  3348 Lamphier Ave, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $1050 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  3348 Lamphier Ave, Memphis, TN 38122
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  /16

  $99,901

  $15K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 918 Sq Ft

  2877 Brewer Ave, Memphis, TN 38114

  PRICE DROP! One Percent (1%) Rule still alive in Memphis! Completely remodeled micro-mansion paying rented making cashflow. . Special financing for first time investors available with 20% down, ask listing firm for details.

  

  Pablo Pereyra

  901, REALTORS

  2877 Brewer Ave, Memphis, TN 38114
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  /2

  $121,030

  • 3 Beds
  • 1 Bath
  • 1,193 Sq Ft

  3818 Grey Rd, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $750 with a lease expiration of 08/31/2026. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  3818 Grey Rd, Memphis, TN 38108
• 

  

  /19

  $144,900

  $15K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,404 Sq Ft

  4253 Cottonwood Rd, Memphis, TN 38118

  Great opportunity for homeowners or investors! This vacant property is move-in ready and offers strong potential as a primary residence or rental investment. Conveniently located with easy access to shopping, dining, and major roadways. Whether you’re looking for your next home or a property to add to your portfolio, this one is worth a look. Schedule your showing today!

  

  Blake Clothier

  Premier Realty Group, LLC

  4253 Cottonwood Rd, Memphis, TN 38118
• 

  /2

  $99,750

  • 2 Beds
  • 1 Bath
  • 825 Sq Ft

  3620 S Lloyd Cir, Memphis, TN 38108

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

  

  Caleb Hall

  Keller Williams

  3620 S Lloyd Cir, Memphis, TN 38108
• 

  /2

  $6,000

  $2K PRICE DROP

  • Land
  • 7,405 Sq Ft
  • $35,294 per Acre

  267 W Mckellar Ave, Memphis, TN 38109

  Buyer to do their own due diligence. Please drive by the lot and feel free to walk the property. Cash offers only please. No seller financing.

  

  Tonya McDowell

  The Stamps Real Estate Company

  267 W Mckellar Ave, Memphis, TN 38109
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  /7

  $95,000

  • 3 Beds
  • 1.5 Baths
  • 1,081 Sq Ft

  1758 Woodburn Dr, Memphis, TN 38127

  

  Austin Hall

  Evernest Too, LLC

  1758 Woodburn Dr, Memphis, TN 38127
• 

  /2

  $81,000

  $1K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  603 Burlington 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 $750/mo. Professionally managed. Lease expires on 7/30/25.

  

  Caleb Hall

  Keller Williams

  603 Burlington Cir, Memphis, TN 38127
• 

  /2

  $65,000

  $50K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,267 Sq Ft

  1388 Preston St, Memphis, TN 38106

  This is a nice family home on a corner lot with a large covered porch.

  

  Leaser Coleman

  Empire Realty, LLC

  1388 Preston St, Memphis, TN 38106
• 

  /2

  $152,950

  • 2 Beds
  • 1 Bath
  • 990 Sq Ft

  3126 Crump Ave, Memphis, TN 38112

  Renovated rental property with an active lease in place. Currently leased at $____ with a lease expiration of ____. No creative finance offers.

  

  Caleb Hall

  Keller Williams

  3126 Crump Ave, Memphis, TN 38112
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  /3

  $150,000

  • Land

  8607 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

  8607 Geiberger Dr, Memphis, TN 38016
• 

  /2

  $122,360

  • 2 Beds
  • 1 Bath
  • 876 Sq Ft

  3640 Dunn Ave, Memphis, TN 38111

  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

  3640 Dunn Ave, Memphis, TN 38111
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  /24

  $145,000

  • 3 Beds
  • 1.5 Baths
  • 1,053 Sq Ft

  3580 Ramill Rd, Memphis, TN 38128

  Turnkey opportunity at 3580 Ramill Rd—ideal for both investors and owner-occupants. This well-maintained home features a functional layout, solid major systems, and minimal deferred maintenance, making for a low-hassle purchase. Investors will appreciate the strong rental potential and consistent demand in the area, while homebuyers will love the move-in ready condition and comfortable living

  

  Blake Clothier

  Premier Realty Group, LLC

  3580 Ramill Rd, Memphis, TN 38128
• 

  /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

  

  Caleb Hall

  Keller Williams

  923 Joel Ave, Memphis, TN 38127

Showing Results 121 - 160, Page 4 of 18