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

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  /4

  $35,000

  • Land
  • 1.02 Acres
  • $34,314 per Acre

  3429 Range Line Rd, Memphis, TN 38127

  Beautiful lot in the city limits. High traffic area with the possibility of changing to commercial use. Motivated Seller BRING ALL OFFERS!!!

  Timika Montes de Oca Adaro Realty, Inc.

  3429 Range Line Rd, Memphis, TN 38127
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  /6

  $65,000

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

  1299 Dunnavant St, Memphis, TN 38106

  Investment Opportunity! Property being sold AS-IS. All showing for this property must be scheduled through Listing agent. Exterior has been freshly painted & all new windows too. Property needs complete interior rehabbing. Home is part of a 5 home portfolio package or can be purchase individually too. The other local listed addresses are rented. The addresses are: 3119 Allison Ave, 2851 Carnes

  Bernard Evans 4 Success Realty, LLC

  1299 Dunnavant St, Memphis, TN 38106
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  /10

  $134,900

  • 3 Beds
  • 1 Bath
  • 1,056 Sq Ft

  2272 Hubbard Ave, Memphis, TN 38108

  Beautifully and Fully renovated!!! Nothing to do but move in or add to your investment portfolio! New roof. New kitchen. New baths. Fresh Paint inside & out. New windows. New HVAC system. New flooring throughout. New lighting. Schedule your appointment today!

  LaJuana Miller KAIZEN Realty, LLC

  2272 Hubbard Ave, Memphis, TN 38108
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  /25

  $144,900

  • 3 Beds
  • 1.5 Baths
  • 1,194 Sq Ft

  986 Lagrange Ave, Memphis, TN 38107

  Charming 3 bedroom low-maintenance brick home with fresh updates inside and out. The exterior and interior have been freshly painted in modern, neutral colors, creating a clean and inviting look. Inside, new luxury vinyl plank flooring runs through all main living spaces for style and durability, while the bedrooms feature plush new carpet and pad for comfort. The kitchen shines with new

  Camela Henke Enterprise, REALTORS

  986 Lagrange Ave, Memphis, TN 38107
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  /22

  $125,000

  • 3 Beds
  • 1.5 Baths
  • 1,600 Sq Ft

  3570 Hallbrook St, Memphis, TN 38127

  **NO WHOLESELLERS!!** Exceptional Investment Opportunity! Discover a charming property situated on a huge desirable lot, featuring 3 spacious bedrooms, a full bathroom, an inviting living room, a cozy den, nice eat-in kitchen, laundry room and more. The original hardwood floors add character and warmth, making it an ideal canvas for your personal touch. Located in a welcoming neighborhood close

  Tonji Cromwell eXp Realty, LLC

  3570 Hallbrook St, Memphis, TN 38127
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  /2

  $5,000

  • Land
  • 0.16 Acre
  • $31,250 per Acre

  268 E Olive Ave, Memphis, TN 38106

  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

  268 E Olive Ave, Memphis, TN 38106
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  /12

  $89,900

  • 3 Beds
  • 1 Bath
  • 1,080 Sq Ft

  1656 Barton St, Memphis, TN 38106

  Discover this freshly updated 3 bedroom, 1 bathroom single story home offering a clean, move-in-ready feel from the moment you walk in. The interior has been refreshed with new paint throughout, giving the home a bright and welcoming vibe. The living area flows easily into the kitchen, creating a functional layout perfect for everyday living. All three bedrooms offer comfortable space and

  Garth Ward eXp Realty, LLC

  1656 Barton St, Memphis, TN 38106
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  /2

  $15,000

  • Land
  • 0.07 Acre
  • $214,286 per Acre

  481 E E H Crump Blvd, Memphis, TN 38126

  Commercial Mixed use vacant lot close to Downtown Memphis! Good location for a business located on a high traffic street with easy access to expressway. Minutes from downtown Memphis, LeMoyne-Owen College, Four Way Grill, Stax Museum and minutes from the Arkansas bridge. Call your favorite agent today!

  Verna Littleton Fast Track Realty, LLC

  481 E E H Crump Blvd, Memphis, TN 38126
• 

  

  /13

  $128,800

  • 3 Beds
  • 1 Bath
  • 984 Sq Ft

  3432 Tellico Dr, Memphis, TN 38128

  Newly Renovated Property! Great opportunity for an investor or homebuyer! The property is currently unoccupied and readily available for viewing. This property is currently being professionally managed by Reedy and Company. Whether you're an owner-occupant or investor, this opportunity is open to you. No wholesale or creative financing offers.

  Alex Evans Reedy & Company, REALTORS

  3432 Tellico Dr, Memphis, TN 38128
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  /16

  $120,000

  • 3 Beds
  • 2 Baths
  • 2,093 Sq Ft

  1294 S Barksdale St, Memphis, TN 38114

  Investor/rehab opportunity! This 1.5-story Tudor Revival home offers 3 bedrooms, 2 bathrooms, and a dedicated office with a large closet that could serve as a 4th bedroom. Enjoy the sunken sitting room off the dining room, perfect for additional living space. The home features a detached garage and sits on a generous lot. Needs full renovation including roof, HVAC, plumbing, and electrical

  Laura Lovelace Crye-Leike, Inc., REALTORS

  1294 S Barksdale St, Memphis, TN 38114
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  /25

  $34,900

  • Land
  • 5.34 Acres
  • $6,536 per Acre

  0 Weaver Rd, Memphis, TN 38109

  Build your future on this R-6 zoned property near Memphis! With public water and sewer available, and electricity at the nearest street, this property is ready for development. No HOA or deed restrictions mean you have the freedom to design your ideal home or investment project. It’s also subdividable, offering excellent potential for growth. Enjoy the best of Memphis living—just 22 minutes to

  Daniel Demers Sell Your Home Services, LLC

  0 Weaver Rd, Memphis, TN 38109
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  /4

  $60,000

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

  3607 Orange Blossom Ct Unit 66, Memphis, TN 38118

  East Memphis condo perfect for investors or owner occupants! Property is currently tenant occupied but they will vacate at closing! Minutes from the Airport and Industrial/logistic facilities for employment! Please make all offers contingent upon inspection!

  Duane Kinnard Tri-Leake Realty

  3607 Orange Blossom Ct Unit 66, Memphis, TN 38118
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  /2

  $84,900

  • 4 Beds
  • 2 Baths
  • 1,425 Sq Ft

  698 E Mclemore Ave, Memphis, TN 38106

  Fantastic investment opportunity in the Shelby area. This 4br/2 bath Duplex is in the 38106 area. With a monthly rental amount of $370 & $615/month. MTM and other unit lease ends on 2/28/26. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  698 E Mclemore Ave, Memphis, TN 38106
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  /2

  $10,000

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

  2073 Florida St, Memphis, TN 38109

  Perfect level lot for Single Family Residence

  Mae Moore Grand Point Realty, LLC

  2073 Florida St, Memphis, TN 38109
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  /15

  $114,900

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

  994 N Perkins Rd, Memphis, TN 38122

  3 Bedroom all Brick home with New Roof in great Macon/Stratford area. Exterior in good shape ~~ interior needs TLC . Bonus room on back~~ Hardwood Floors. Deep Level Lot. Owner Occupants will be prioritized~~HUD's First look Period for first 30 Days.

  Scott Housewirth Crye-Leike Inc., REALTORS

  994 N Perkins Rd, Memphis, TN 38122
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  /13

  $21,000

  • 3 Beds
  • 1.5 Baths
  • 1,074 Sq Ft

  3076 Saint Croix Place Unit 92, Memphis, TN 38127

  Investor special! This 3 bed, 1.5 bath townhouse is being sold AS-IS and is perfect for those looking to renovate and add value. Some remodeling has already been started, giving you a head start on the transformation. Property needs work and is not move-in ready—ideal for cash buyers only. With the right vision and updates, this home has great potential. Don’t miss this opportunity to bring it

  LaKendrea Hall Epique Realty

  3076 Saint Croix Place Unit 92, Memphis, TN 38127
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  /9

  $139,500

  • 3 Beds
  • 2 Baths
  • 1,324 Sq Ft

  2747 Merle St, Memphis, TN 38118

  **OCCUPIED PROPERTY**DO NOT DISTURB** Freshley rehabbed rental for sale. New roof, HVAC, Kitchen, Windows, Bath fixtures and more. This property is currently rented at $1,175.00. No showings without bound contract. EMD is $2500 due 2 days after contract is bound, to be held by Saddle Creek Title in Memphis, max of 7 days inspection. Pics are from just before the rehab was fully completed.

  Daniel Sturdivant Bluff City Management, LLC

  2747 Merle St, Memphis, TN 38118
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  /28

  $139,000

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

  1492 Faxon Ave, Memphis, TN 38104

  Looking for your next project? This is it! Welcome to 1492 Faxon Ave- a historic 4 bedroom, 3 bath home on a corner lot in the vibrant heart of Midtown. Home features spacious den with fireplace, separate dining room, sun room, 2 bedrooms and 2 full baths down, 2 bedrooms and 1 full bath up. Ideally located just a couple of blocks from the Crosstown Concourse and only 5 minutes from the Medical

  Jeremy Veldman KAIZEN Realty, LLC

  1492 Faxon Ave, Memphis, TN 38104
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  /11

  $136,000

  • 3 Beds
  • 2.5 Baths
  • 1,479 Sq Ft

  4639 Addington Dr, Memphis, TN 38128

  Investors only! Wonderful opportunity to buy this 3 bedroom 2.5 bathroom home in Raleigh area. Home has a nice floor plan with large den, plus primary bedroom & private bathroom downstairs and 2 large bedrooms upstairs. ONLINE VIDEO AVAILABLE UPON REQUEST. Cash or hard money offers only. No wholesalers, no assignments, no blind offers. Please do all inspections up front. This property is being

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4639 Addington Dr, Memphis, TN 38128
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  /24

  $114,900

  • 3 Beds
  • 1 Bath
  • 1,060 Sq Ft

  3307 Guernsey Ave, Memphis, TN 38122

  Discover this beautifully renovated 3-bedroom, 1-bath home nestled in the Highland Heights neighborhood. Featuring modern updates throughout, this charming residence offers an open and inviting living space. The fenced yard provides privacy and a safe outdoor area, perfect for gatherings or pets. Step outside onto the inviting deck—ideal for entertaining or relaxing on warm summer evenings. Don’t

  Jeff Bennett Hobson, REALTORS

  3307 Guernsey Ave, Memphis, TN 38122
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  /2

  $10,000

  • Land
  • 0.11 Acre
  • $90,909 per Acre

  2521 Dexter Ave, Memphis, TN 38108

  Prime Vacant Lot Opportunity in Memphis! Don’t miss this excellent opportunity to own a spacious vacant lot located at 2521 Dexter Road in the heart of Memphis, TN. This property offers the perfect setting to build your dream home or investment property in an established residential area. Zoned for single-family use, the lot provides convenient access to nearby schools, parks, shopping, and major

  Maurice Savage Sr TRG Real Estate Services, LLC

  2521 Dexter Ave, Memphis, TN 38108
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  /5

  $119,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  5387 Cornstalk Cove, Memphis, TN 38127

  Newly Renovated Property! Great opportunity for an investor or homebuyer! The property is currently unoccupied and readily available for viewing. This property is currently being professionally managed by Reedy and Company. Whether you're an owner-occupant or investor, this opportunity is open to you. No wholesale or creative financing offers.

  Mark Hart Reedy & Company, REALTORS

  5387 Cornstalk Cove, Memphis, TN 38127
• 

  

  /22

  $104,499 Pre-Foreclosure

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

  3762 Berry Ln, Memphis, TN 38128

  Excellent starter home, or investment opportunity in Raleigh! Very quiet area across from a church. 3br 1ba, on over an acre lot! Vacant, easy to show! Home qualifies for 901 Home Loans program. Up to 97% financing with 6% fixed interest rate! Min credit score of 600! Feel free to reach out with any questions! No owner/creative financing.

  Caleb Parr Renshaw Company, REALTORS

  3762 Berry Ln, Memphis, TN 38128
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  /12

  $65,000

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

  3394 Point Pleasant Ave, Memphis, TN 38118

  Great potential in this brick, living room, kitchen, three bedrooms, 1 bath and a large fenced back yard ideal for family fun and bar b ques. Don't miss this jewel!

  Carol Tate Tate Realty and Construction

  3394 Point Pleasant Ave, Memphis, TN 38118
• 

  

  /22

  $54,900

  • 3 Beds
  • 1 Bath
  • 902 Sq Ft

  256 Delta Rd, Memphis, TN 38109

  Charming 3-bedroom, 1-bath brick home with solid construction and plenty of potential. This home offers a durable brick exterior and a layout that’s ready for your personal touch. While some updates may be desired, the property has good bones and presents a wonderful opportunity for an investor or owner-occupant looking to build equity through improvements. Property is being offered as-is,

  Chris Mosby ResiAmerica, Inc.

  256 Delta Rd, Memphis, TN 38109
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  /5

  $134,000

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

  3758 Oak Shade Cove, Memphis, TN 38118

  Great investment opportunity! Property was renovated in 2023 with updated LVP flooring, new doors and interior paint. This property is turn key with a tenant in place. Please do not disturb tenant.

  John Quinn REMAX Experts

  3758 Oak Shade Cove, Memphis, TN 38118
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  /2

  $75,000

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

  784 Looney Ave, 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

  784 Looney Ave, Memphis, TN 38107
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  /9

  $92,000

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

  3110 Aden St, Memphis, TN 38127

  Great investment opportunity. Tenant occupied, cash flowing and professionally managed property. Currently rented for $880/mo with a $850 security deposit. Lease expires 3/31/2026. 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

  3110 Aden St, Memphis, TN 38127
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  /4

  $7,000

  • Land
  • 0.34 Acre
  • $20,588 per Acre

  2441 Haisch Rd, Memphis, TN 38127

  Unlock the potential of this 0.34 acre lot! Come build your dream home! Great addition to your portfolio for inverstors! Bring an offer!

  Tonya Manning Groome & Co.

  2441 Haisch Rd, Memphis, TN 38127
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  /16

  $135,000

  • 2 Beds
  • 1 Bath
  • 872 Sq Ft

  3510 Vernon Ave, Memphis, TN 38122

  Beautiful Newly Remodeled Home – 2 Bedrooms, 1 Bathroom Recent upgrades include: New roofing New drywall (sheetrock) throughout Updated plumbing and electrical systems This charming home has been completely remodeled from top to bottom, offering modern comfort and style. The property features 2 spacious bedrooms and 1 fully renovated bathroom, ideal for small families, couples, or anyone looking

  Itzel Sanchez Bustamante Keller Williams

  3510 Vernon Ave, Memphis, TN 38122
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  /2

  $35,000

  • Land
  • 0.13 Acre
  • $269,231 per Acre

  1642 Netherwood Ave, Memphis, TN 38106

  Vacant lot in the Glenview neighborhood. Flat lot and ready to build on. Utilities service from rear of lot. R-6 (H) zoning. Two other lots in the neighborhood also listed.

  Rob Thompson Bluff City Realty Group, LLC

  1642 Netherwood Ave, Memphis, TN 38106
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  /17

  $125,000

  • 1 Bed
  • 1 Bath
  • 703 Sq Ft

  107 S Front St Unit 41, Memphis, TN 38103

  Step into timeless charm with this stunning 1BR/1BA condo in the heart of Downtown on historic Cotton Row. Featuring soaring 12-foot ceilings and original hardwood floors, this residence blends timeless character with modern convenience. All on one level, the open layout offers both comfort and style, perfect for entertaining or relaxing. Location is unbeatable—just one block from Main Street and

  Mike Parker The Firm

  107 S Front St Unit 41, Memphis, TN 38103
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  /20

  $94,900

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

  4909 Neely Rd, Memphis, TN 38109

  THIS PROPERTY WILL NOT GO FHA/VA. THIS IS BRICK 3 BEDROOM 2 BATH HOME WITH FENCED IN BACKYARD. INSIDE IS A VERY SPACIOUS HOME WITH ORIGINAL HARDWOOD FLOORS. SHOPPING, GAS, ENTERTAINMENT ONLY A FEW MINUTES FROM THE FRONT DOOR OF THIS HOME.

  Juan Brooks Process Realty Services

  4909 Neely Rd, Memphis, TN 38109
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  /9

  $97,900

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

  3522 Mark Twain St, Memphis, TN 38127

  What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be

  Dean Harris CrestCore Realty MphsBrokerage

  3522 Mark Twain St, Memphis, TN 38127
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  /2

  $106,000

  • 3 Beds
  • 1.5 Baths
  • 1,212 Sq Ft

  4058 Sandburg St, Memphis, TN 38128

  INVESTORS ONLY! MULTIPLE PROPERTY PORTFOLIO Seller prefers bulk offers but will look at individual offers. Tenant occupied property available for sale. Professionally managed by Foundation Property Management. Lease and ledger available upon request. Currently rented for $925/month on a month-to-month basis. No creative or owner financed offers. No wholesalers or assignments. Do not disturb or

  James Wachob Foundation Property Management

  4058 Sandburg St, Memphis, TN 38128
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  /2

  $95,000

  • 2 Beds
  • 1 Bath
  • 718 Sq Ft

  346 Modder Ave, Memphis, TN 38109

  Excellent investment opportunity in Memphis, TN featuring three single-family homes being offered individually or as a portfolio. Properties are being listed separately but may be purchased together as an investment package. 346 Modder Ave – Currently tenant-occupied, providing immediate cash flow. 132 Majuba St – Currently vacant and will require some repairs prior to occupancy, offering

  Bridget Jordan Epique Realty

  346 Modder Ave, Memphis, TN 38109
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  /10

  $105,000

  • 3 Beds
  • 1 Bath
  • 967 Sq Ft

  2512 Kenner Ave, Memphis, TN 38114

  GREAT INVESTMENT OPPORTUNITY! This 3 bedroom, 1 bathroom brick home is rented for $1,000/month, to a stable long-term tenant who has occupied the house for 5 years. Lease is good until 5/31/2026. Home was totally refurbished in 2020 and an annual inspection was completed in August 2025 (report available upon request). Another opportunity to add a stable cash flowing asset to your portfolio!

  Jeremy Veldman KAIZEN Realty, LLC

  2512 Kenner Ave, Memphis, TN 38114
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  /2

  $5,000

  • Land
  • 0.14 Acre
  • $35,714 per Acre

  0 Clyde Ave, Memphis, TN 38107

  Vacant land listing available! Seller is selling 3 total lots and would prefer to sell them in bulk (all three with a total price of $10.000). Will sell individually for $5000 per lot. Addresses are 2119 Farrington (Parcel ID is 05001500033), 0 Clyde (subject property Parcel ID is 02105900015) and another one at 0 Clyde (Parcel ID---02105900016). Cash offers only. Buyer to confirm zoning and

  Tyler Tapley Crye-Leike, Inc., REALTORS

  0 Clyde Ave, Memphis, TN 38107
• 

  

  /13

  $55,000

  • 2 Beds
  • 1 Bath
  • 870 Sq Ft

  755 Whitney Ave, Memphis, TN 38127

  Great investment opportunity!! Updated bathroom, low taxes. Property is tenant occupied and income producing, $695 monthly, lease ends 10/31/2026. No showings without accepted offer. No wholesalers, no seller financing available. Do not disturb tenant! Fantastic addition to your portfolio!

  LaJuana Miller KAIZEN Realty, LLC

  755 Whitney Ave, Memphis, TN 38127
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  /2

  $7,000

  • Land
  • 0.11 Acre
  • $63,636 per Acre

  275 Weaver Ave, Memphis, TN 38106

  Family living with a heartbeat—38106 offers culture, history, and community all in one place. You will love it here! pc# 035105 00003 Just miles away: Mississippi Boulevard Christian Church + Meharry Medical College launch a $310M Midtown makeover—big growth is coming!

  Karen Walker Epique Realty

  275 Weaver Ave, Memphis, TN 38106

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