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

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  /2

  $87,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  994 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 6/30/25

  

  Caleb Hall

  Keller Williams

  (901) 673-8560

  994 Joel Ave, Memphis, TN 38127
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  /2

  $120,400

  • 3 Beds
  • 1 Bath
  • 852 Sq Ft

  4485 Beacon Hill Dr, 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) 657-6692

  4485 Beacon Hill Dr, Memphis, TN 38127
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  /16

  $147,500

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

  4776 Audubon View Cir Unit 1, Memphis, TN 38117

  NEW PRICE! LOCATION! LOCATION! LOCATION!!! Two-bedroom, two-bath downstairs flat in desirable Audubon Square, a secure, gated amenity-filled community in East Memphis. Spacious living area with fireplace, original kitchen cabinetry, and functional baths ready for your updates and personal touch. Priced to sell, this unit offers excellent potential for the buyer seeking value in a prime location.

  

  Margie Oneal

  REMAX Experts

  (901) 587-9417

  4776 Audubon View Cir Unit 1, Memphis, TN 38117
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  /2

  $104,500

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  1013 Par 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 $700/mo. Professionally managed. Lease expires on 3/30/26

  

  Caleb Hall

  Keller Williams

  (901) 459-3938

  1013 Par Ave, Memphis, TN 38127
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  /11

  $48,999

  • 2 Beds
  • 1 Bath
  • 816 Sq Ft

  1880 Whitney Ave, Memphis, TN 38127

  Needs some very minor exterior work. A solid investment opportunity. I also have quotes available on request. Owner/agent

  

  Caleb Hall

  Keller Williams

  (901) 669-5605

  1880 Whitney Ave, Memphis, TN 38127
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  /2

  $136,990

  • 2 Beds
  • 1 Bath
  • 961 Sq Ft

  3965 Canterbury Dr, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $700 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 669-3626

  3965 Canterbury Dr, Memphis, TN 38122
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  /2

  $120,400

  • 3 Beds
  • 1 Bath
  • 852 Sq Ft

  4520 Beacon Hill Dr, 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) 673-2937

  4520 Beacon Hill Dr, Memphis, TN 38127
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  /2

  $151,620

  • 3 Beds
  • 1.5 Baths
  • 960 Sq Ft

  3912 Berkshire Ave, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $1,000 with a lease expiration of 05/31/2026. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  (901) 617-4853

  3912 Berkshire Ave, Memphis, TN 38108
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  /2

  $99,350

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3594 Dumas St, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Now Vacant as of 1/31/2026

  

  Caleb Hall

  Keller Williams

  (901) 883-7909

  3594 Dumas St, Memphis, TN 38127
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  /20

  $96,500

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

  3594 Sunrise St, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Easy to show. Has been professionally managed.

  

  Caleb Hall

  Keller Williams

  (901) 675-6749

  3594 Sunrise St, Memphis, TN 38127
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  /2

  $90,000

  • 2 Beds
  • 1 Bath
  • 846 Sq Ft

  3438 Ardmore St, Memphis, TN 38127

  Welcome to 3438 Ardmore Ave in Memphis—a charming home with thoughtful updates and move-in ready appeal. This property features freshly painted cabinets that brighten the kitchen and living space, along with a brand new AC unit installed in July 2025, providing comfort and efficiency for years to come. A great opportunity for homeowners or investors looking for a well-maintained Memphis property

  

  Caleb Hall

  Keller Williams

  (901) 350-5188

  3438 Ardmore St, Memphis, TN 38127
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  /3

  $31,500

  • Land
  • 0.7 Acre
  • $45,000 per Acre

  3725 Cherry Rd, Memphis, TN 38118

  Commercial vacant lot in Memphis, TN with EMP (Light Employment) zoning. This 0.7-acre parcel is well suited for office space, flex/light industrial use, or commercial parking. All utilities are available for hookup, including public sewer, public water, and electric. Convenient location with easy access to major roadways, making it a strong option for owner-users or investors.

  Sophia Cordova Fink Property Solutions

  3725 Cherry Rd, Memphis, TN 38118
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  /10

  $75,000

  • 2 Beds
  • 2 Baths
  • 924 Sq Ft

  1975 Cloverdale Dr, Memphis, TN 38114

  Great opportunity! Featuring: Living/Dining Combo, 2 bedrooms, 2 baths, Fenced yard, Central heating and air. Solid bones-perfect for investors or buyers ready to add personal touches. Ideal for Cash, or possible conventional financing. AS-IS sale, tons of potential to make it your own or Investment.

  Darlene Butler The Peyton Co., Inc., REALTORS

  1975 Cloverdale Dr, Memphis, TN 38114
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  /41

  $29,900

  • Land
  • 5.34 Acres
  • $5,599 per Acre

  S Weaver Rd, Memphis, TN 38109

  Interested in this property? Call, text, or email us today for more details!(540) 824-3372 Feel free to visit the property any time, no need to set up an appointment, this property has no address.Subscribe to email alerts by texting your e-mail address to (541) 375-0012 and be the first to know when we get a great deal in.By texting (541) 375-0012 you authorize Country Land

  Luke Harris Country Land Sellers

  S Weaver Rd, Memphis, TN 38109
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  /11

  $140,000

  • 3 Beds
  • 2.5 Baths
  • 1,824 Sq Ft

  1419 Worthington St, Memphis, TN 38114

  Great opportunity! Featuring: Beautiful curb appeal, Living/Dining Combo, Huge Den, 3 bedroom, 3 full baths, Huge Backyard. Solid bones-perfect for investors or buyers ready to add personal touches. Ideal for cash buyers, or possible conventional financing. AS-IS sale, tons of potential to make it your own or Investment. Easy to show!

  Darlene Butler The Peyton Co., Inc., REALTORS

  1419 Worthington St, Memphis, TN 38114
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  /2

  $5,000

  • Land
  • 0.34 Acre
  • $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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  /21

  $90,000

  • 2 Beds
  • 1 Bath
  • 1,204 Sq Ft

  3391 Rockwood Ave, Memphis, TN 38122

  Investor Opportunity – Rental-Ready Value-Add Property Attention investors and portfolio builders — this property presents a strong opportunity for steady rental income and long-term portfolio growth. Featuring a spacious layout with multiple bedrooms, defined living and dining areas, and generous natural light throughout, the home offers the functionality tenants consistently seek. Several

  Cristian Amparan The Home Partners Realty

  3391 Rockwood Ave, Memphis, TN 38122
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  /2

  $35,000

  • 3 Beds
  • 1 Bath
  • 1,353 Sq Ft

  1509 Preston St, Memphis, TN 38106

  This vacant property is ready for a new owner and a full overhaul. This is a great investment opportunity in a prime area for growth. Previously rented long term for $600/mo, this property is ready for a new owner to realize it's full potential. Call for a private showing!

  Joshua Cooper Sowell, Realtors

  1509 Preston St, Memphis, TN 38106
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  /4

  $118,000

  • 4 Beds
  • 1.5 Baths
  • 1,600+ Sq Ft

  2249 Stephanie Ave, Memphis, TN 38127

  Great investor property. Renovated with tenant. New Floors, New Paint, Updated Fixtures. Rent amount $1,346.00.

  Jeremy Moore C21 Patterson & Assoc. Real Es

  2249 Stephanie Ave, Memphis, TN 38127
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  /11

  $99,995

  • 2 Beds
  • 1 Bath
  • 894 Sq Ft

  3393 Carrington Rd, Memphis, TN 38111

  Investor friendly home! Or first time homebuyer! Fully remodeled with brand new roof, windows, bathroom, kitchen, and appliances. Currently occupied but will be vacant at closing! Do not disturb tenant. Showing after accepted offer only. 1 year home warranty offered!

  Alden Dixon Grant & Co., REALTORS

  3393 Carrington Rd, Memphis, TN 38111
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  /40

  $152,000

  • 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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  /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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  /39

  $125,000

  • 2 Beds
  • 1.5 Baths
  • 1,703 Sq Ft

  2202 Central Ave, Memphis, TN 38104

  Great Midtown Memphis Investment Opportunity! Seller says "Sell it!"

  Lance Walker Walker Auctions

  2202 Central Ave, Memphis, TN 38104
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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-bedroom, 1-bath home features tile flooring in the bathroom and LVP flooring in the kitchen. Updates include modern lighting fixtures and hardware, refreshed kitchen cabinetry, and a new vent hood. Enjoy a cozy yet spacious living room, large front and backyard, and many more features! TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN

  James Wachob Foundation Property Management

  404 Stoneham Rd, Memphis, TN 38109
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  /2

  $130,000

  • 3 Beds
  • 2 Baths
  • 1,415 Sq Ft

  1618 Ellsworth St, Memphis, TN 38111

  Excellent investor opportunity in a convenient Memphis location! This well-maintained home offers 3 bedrooms, and an open floor plan that appeals to long-term renters. Most recent updates include a newer water heater (2023). Reliable tenant is in place, currently paying $1250 per month, with a lease secured through June 2026, offering immediate and stable rental income. Tenant would prefer to

  Lisa Hendrickson Groome & Co.

  1618 Ellsworth St, Memphis, TN 38111
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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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  /15

  $115,000

  • 3 Beds
  • 1 Bath
  • 1,294 Sq Ft

  777 Archie Dr, Memphis, TN 38127

  Roof 2021, ac & heat 2001. Move-in ready.

  Catherine Horton Crye-Leike, Inc., REALTORS

  777 Archie Dr, 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
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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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  /19

  $120,000

  • 2 Beds
  • 1 Bath
  • 810 Sq Ft

  585 E Parkway S Unit 23, Memphis, TN 38104

  Outstanding opportunity to get into the midtown market at unreal price! Quiet, hidden property on Harbert, off E Parkway. Rarely available topurchase. 2bd/1bath with patio and parking. Perfect for students at CBU, UM, UT. Walk to restaurants/entertainment. So much to love! Must see. HOA $200/month.

  Alex Turner Hobson, REALTORS

  585 E Parkway S Unit 23, Memphis, TN 38104
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  /12

  $63,750

  • 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

  $10,000

  • Land
  • 0.29 Acre
  • $34,483 per Acre

  71 E Geeter Rd, Memphis, TN 38109

  Great lot for development or investment located in a residential area.

  Kelbert Fagan Crye-Leike, Inc., REALTORS

  71 E Geeter Rd, Memphis, TN 38109
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  /2

  $110,000

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

  1167 Gordon St, Memphis, TN 38122

  Three Bedroom Home for Sale. Located just West of Homer off Macon. Brick home on Cove Lot. Features Hardwood Floors, Central Heat and Air,Nice Size Kitchen, Split Bedroom, and More. Tenant occupied $1050/ month. Please no wholesale, assignment. or owner finance offers.

  Jimmy Kennedy Trek Property Management

  1167 Gordon St, Memphis, TN 38122
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  /17

  $129,900

  • 2 Beds
  • 1 Bath
  • 854 Sq Ft

  3589 Faxon Ave, Memphis, TN 38122

  Turnkey & Totally Transformed — Move-In Ready Memphis gem! 3589 Faxon Ave | Memphis, TN | 2 Bed | 1 Bath Why buy old when you can have NEW? This beautifully renovated 2-bedroom, 1-bathroom home with a detached garage was taken down to the studs and brought back to life in 2021 — meaning all the big-ticket items have already been done for you! Step inside and feel the difference. Refinished

  Caleb Parr Renshaw Company, REALTORS

  3589 Faxon Ave, Memphis, TN 38122
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  /8

  $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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  /3

  $134,900

  • 3 Beds
  • 2 Baths
  • 1,562 Sq Ft

  3956 Argonne St, Memphis, TN 38127

  Fantastic investment opportunity in the Shelby area. This 3br/2 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $1,280/month. The lease ends on 05/31/26. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3956 Argonne St, Memphis, TN 38127
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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. ONLINE VIDEO AVAILABLE UPON REQUEST. Seller also selling: 3243 13 Colony #2B.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2705 Mcmurray St, Memphis, TN 38118
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  /6

  $10,999

  • Land
  • 0.27 Acre
  • $40,737 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

Showing Results 161 - 200, Page 5 of 18