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

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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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  /4

  $12,500

  • Land
  • 20,908 Sq Ft
  • $26,042 per Acre

  3024 Sax Rd, Memphis, TN 38109

  CASH ONLY – Investor/Builder Opportunity! Unlock the potential of 9 residential lots offered as a package for $60,500. This is a rare chance to secure multiple infill parcels across Memphis with strong upside for new construction or long-term investment. Ideal for builders looking to scale quickly or investors seeking affordable entry points with room for appreciation. Properties included: Glen

  Silvana Piadade eXp Realty, LLC

  3024 Sax Rd, Memphis, TN 38109
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  /11

  $144,900

  • 2 Beds
  • 2 Baths
  • 1,360 Sq Ft

  4788 Bowen Ave, Memphis, TN 38122

  Great investment opportunity with consistent rental income . Currently vacant and many updates have been made. Listing agent owns property. Call Earl for an appointment or any questions.AS-IS. More pictures to be added.

  Earl Dillard Dillard Realty

  4788 Bowen Ave, Memphis, TN 38122
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  /34

  $109,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,563 Sq Ft

  3837 Voltaire Ave, Memphis, TN 38128

  Welcome home to this charming 3-bedroom, 2-bathroom brick ranch in the established Nam Ni Estates of Raleigh. Spanning 1,554 sq. ft., this well-maintained residence features a traditional layout with a spacious den anchored by a cozy fireplace. The floor plan includes a formal living area and an eat-in kitchen, perfect for everyday living. Enjoy a large, level backyard situated on nearly a

  Carl Purifoy Trelora Realty

  3837 Voltaire Ave, Memphis, TN 38128
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  /5

  $14,995

  • Land
  • 10,890 Sq Ft
  • $59,980 per Acre

  0 Dublin Dr Unit LOTS 20 & 21 LAST TW, Memphis, TN 38114

  Buyers/investors build your personal home or brand-new rental property on this beautiful green lot! This is truly the promised land of opportunity and no other area compares to this exclusive subdivision in Magnolia. Last lot for sale in this subdivision! Private showings available.

  Mitanni Spruill The Spruill Agency, LLC

  0 Dublin Dr Unit LOTS 20 & 21 LAST TW, Memphis, TN 38114
• 

  

  /13

  $110,000

  • 3 Beds
  • 1 Bath
  • 1,631 Sq Ft

  2886 Overton Crossing St, Memphis, TN 38127

  3 bed, 1 bath with a lot of the heavy lifting already done. Rental comps for $1400/$1500/mo. Currently tenant occupied but will be vacant at closing. The bathroom, plumbing, HVAC/AC, foundation, and a bedroom have all been remodeled, including new ceiling work in that space. Electrical has also been redone by the seller. Kitchen comes with brand-new appliances the seller purchased herself —

  Marissa Miller The Stamps Real Estate Company

  2886 Overton Crossing St, Memphis, TN 38127
• 

  

  /10

  $133,200

  $7K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,078 Sq Ft

  4391 Shadowline Cove, Memphis, TN 38109

  Improved pricing. Fully renovated 3-bedroom home located in a cove! Features include updated flooring, fresh paint, modern lighting, upgraded kitchen and bath, and a large kitchen with ample cabinet and counter space. Move-in ready with stylish finishes throughout. Qualifies for 100% financing.

  Victoria Brown 4 Success Realty, LLC

  4391 Shadowline Cove, Memphis, TN 38109
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  /5

  $30,000

  $20K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 864 Sq Ft

  736 Alaska St, Memphis, TN 38107

  **** GREAT INVESTMENT**** 3 BEDROOMS, 1 BATH, EAT IN KITCHEN & LIVING ROOM ****** CAUTION******* CAUTION****** ******ONE ROOM IS DAMADGED FROM FALLEN BRANCH****** **** "CASH SALE/ AS IS " **BUYER MUST REMOVE ALL ITEMS FROM HOUSE **** THE COMMUNITY IS BEING REVITALIZED. **** ***PLEASE DO ALL INSPECTIONS UP FRONT. BEFORE SENDING OFFERS. ***

  Mary Owens Crye-Leike, Inc., REALTORS

  736 Alaska St, Memphis, TN 38107
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  /20

  $109,900

  $10K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,553 Sq Ft

  3958 Bishops Bridge Rd, Memphis, TN 38118

  Charming and spacious 1.5-story traditional home in the established Oakhaven community. This 1,553 sq. ft. residence features 4 generously sized bedrooms and 2 full bathrooms, offering a versatile layout perfect for growing families. The main level includes a formal living room, a cozy den, and two bedrooms. Upstairs, find two additional bedrooms for added privacy. Enjoy original character with

  Carl Purifoy Trelora Realty

  3958 Bishops Bridge Rd, Memphis, TN 38118
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  /2

  $12,000

  • Land
  • 1,306 Sq Ft
  • $400,000 per Acre

  891 Keel Ave, Memphis, TN 38107

  Great opportunity to build on this residential lot located at 891 Keel Ave in Memphis, TN 38107. Whether you’re a builder, investor, or future homeowner, this property offers solid potential for new construction or your next investment project. Situated with convenient access to major roadways and surrounding Memphis areas, this lot provides a great chance to bring your vision to life. With

  Jonathan Nunez Fast Track Realty, LLC

  891 Keel Ave, Memphis, TN 38107
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  /2

  $151,000

  • 3 Beds
  • 2 Baths
  • 1,719 Sq Ft

  2988 Clearbrook St, Memphis, TN 38118

  Occupied home for sale in Parkway Village! Long standing tenant that is professionally managed. Home rents for $1150 and a housing tenant. Tenant has been there over 10 years! Ideal for an investor looking for a cash flowing property in a desirable Memphis neighborhood! Call listing agent for details. Do not disturb tenants. Access upon accepted offer.

  Andrew Akins CB Properties of Memphis, LLC

  2988 Clearbrook St, Memphis, TN 38118
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  /8

  $129,900

  • 3 Beds
  • 1 Bath
  • 991 Sq Ft

  4819 Rickard Rd, Memphis, TN 38116

  INVESTORS ONLY! Tenant occupied property that would be a great addition to your rental portfolio. Rented for $1,095/month with a lease secured until 8/31/2026. Home underwent a Get Ready renovation in 2025, including brand new carpet, fresh paint and touchups. Professionally managed, lease, ledger and maintenance report available upon request. No wholesale, owner financing, or creative offers.

  Jeremy Veldman KAIZEN Realty, LLC

  4819 Rickard Rd, Memphis, TN 38116
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  /2

  $80,000

  • 3 Beds
  • 1 Bath
  • 1,100 Sq Ft

  2607 Barron Ave, Memphis, TN 38114

  PLEASE DO NOT DISTURB THE TENANT. Fantastic investment opportunity or addition to your rental portfolio! Built in 1932, this classic 3-bedroom, 1-bath single-family home offers 1,100 sq. ft. of comfortable living space on a generous 0.25-acre lot (50x218) in the Cherokee subdivision (Barron Heights). Featuring a highly functional 6-room, single-story layout with all 3 bedrooms on the main level,

  Curtis Bleeker KAIZEN Realty, LLC

  2607 Barron Ave, Memphis, TN 38114
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  /2

  $39,900

  • Land
  • 13,503 Sq Ft
  • $128,710 per Acre

  3097 Harvester Ln, Memphis, TN 38127

  Nice lot to build a home. The size is .31 acre. Easy to Go and Show

  Tamisha Draper KAIZEN Realty, LLC

  3097 Harvester Ln, Memphis, TN 38127
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  /14

  $119,900

  • 3 Beds
  • 1 Bath
  • 1,006 Sq Ft

  5319 Braden Dr, Memphis, TN 38127

  INVESTORS ONLY!!! Lovely 3bed 1 bath home just rented out. This could be a great addition to your portfolio. Home was substantially repaired in 2023. Roof, A/C, and water heater should all be less than 5 years old. No sign in the yard. Please do not disturb or approach the tenant. Professionally managed --- Leases, ledgers repair history available upon request. NO SHOWINGS WITHOUT AN ACCEPTED

  Tyler Tapley Crye-Leike, Inc., REALTORS

  5319 Braden Dr, Memphis, TN 38127
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  /7

  $130,000

  $15K PRICE INCREASE

  • 3 Beds
  • 1.5 Baths
  • 1,281 Sq Ft

  2577 Achaean Ave, Memphis, TN 38127

  Wonderful investment property. If you are looking to start a portfolio or experienced investor this is the 3 bed 2 bathroom property for you. Long term tenant in place. NO SHOWING WITHOUT AN ACCEPTED CONTRACT. PROPERTY BEING SOLD AS-IS. No wholesale.

  Kevin Brown eXp Realty, LLC

  2577 Achaean Ave, Memphis, TN 38127
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  /2

  $85,000

  • 3 Beds
  • 1 Bath
  • 1,124 Sq Ft

  1724 Claire Ave, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $825 per month. This asset can also be purchased as part of a larger investment package totaling $3,766,500, providing an exceptional opportunity for buyers seeking a strong portfolio addition.

  Fred Sengstacke KAIZEN Realty, LLC

  1724 Claire Ave, Memphis, TN 38127
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  /25

  $123,000

  $2K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 1,334 Sq Ft

  6289 Kirby Downs Dr, Memphis, TN 38115

  Wonderful 2BR/1.5BA Attached Town Home~Huge Great Room w/Brick Fireplace & Ample Natural Light~Spacious Eat-In Kitchen w/Lots of Cabinet Space, Granite Counters & Beautiful Tiled Floors~Laundry Closet and Half Bath Conveniently Located Off Kitchen~Upstairs You'll Find Two Large Bedrooms with Bathroom Between Them~Fenced-In Backyard~Seller is not interested in creative financing or seller

  Jennifer Carstensen Real Estate Agency

  6289 Kirby Downs Dr, Memphis, TN 38115
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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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  /37

  $17,000

  • 2 Beds
  • 1 Bath
  • 858 Sq Ft

  5085 Clinton Rd, Memphis, TN 38109

  2 bed / 1 bath rental property with strong upside potential. Property is tenant-occupied on a month-to-month lease (currently paying $500/month) and would likely stay if the buyer chooses. Full rehab needed – ideal for experienced investors looking for their next project. Great opportunity to add value and maximize returns.

  Henry Pineda Fast Track Realty, LLC

  5085 Clinton Rd, Memphis, TN 38109
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  /7

  $90,000

  • 2 Beds
  • 2 Baths
  • 1,050 Sq Ft

  1672 Clancy St, Memphis, TN 38106

  Two doors are always better than one! This brick duplex sits nicely on a corner lot. One side is rented at $685 and the lease ends 05/01/2027. The other side is vacant and ready to rent! It is also being marketed to rent for $685. There is a property management company in place. Close on this one and immediately start receiving rental income! Located minutes from downtown, midtown and expressway.

  Verna Littleton Fast Track Realty, LLC

  1672 Clancy St, Memphis, TN 38106
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  /30

  $145,000

  • 1 Bed
  • 1 Bath
  • 900 Sq Ft

  109 N Main St Unit 1103, Memphis, TN 38103

  A spacious light filled condominium with multiple community amenities, including a Rooftop, Private gym, swimming pool, and hot tub, as well as an in-house coffee shop. Upon entering the elegant lobby, you will see mailboxes and fob entry only elevators to take you up to level 11. Unit 1103 specifically boasts beautiful views of Main Street and lots of closet space.

  Ralph Harvey List With Freedom.Com, Inc.

  109 N Main St Unit 1103, Memphis, TN 38103
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  /8

  $135,000

  • 4 Beds
  • 1 Bath
  • 1,092 Sq Ft

  3198 Millwood Rd, Memphis, TN 38109

  Tenant Occupied. Please Do not disturb Tenant Beautifully renovated home. Brand New Floors and paint. This home has a huge backyard for gatherings and/or entertaining. Spacious home with lots of upgrades.

  Rodney Porter Assured Real Estate Services

  3198 Millwood Rd, Memphis, TN 38109
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  /4

  $19,500

  $6K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 588 Sq Ft

  748 King Rd, Memphis, TN 38109

  Property is currently not habitable and requires a full renovation or rebuild. Situated adjacent to newly constructed homes, this property offers strong upside potential for investors, builders, or developers looking to capitalize on the area's continued growth. Ideal for a fix-and-flip, new construction, or long-term investment. Serious inquiries only.

  Terrance Hill eXp Realty, LLC

  748 King Rd, Memphis, TN 38109
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  /15

  $75,000

  • 3 Beds
  • 1 Bath
  • 1,079 Sq Ft

  1436 Maplewood St, Memphis, TN 38108

  Solid 3-bedroom, 1-bathroom investor special in 38108. Featuring hardwood floors and a recently painted exterior, this asset is primed for a streamlined value-add turn. Priced to move quickly to a cash or non-contingent buyer. Cash or hard money preferred, as-is sale.

  Shae Roberts Advantage Property Management

  1436 Maplewood St, Memphis, TN 38108
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  /9

  $20,000

  $5K PRICE DROP

  • Land
  • 1.3 Acres
  • $15,385 per Acre

  . Jackson Pit Rd, Memphis, TN 38118

  Residential lot call for more info

  Itzel Sanchez Bustamante Keller Williams

  . Jackson Pit Rd, Memphis, TN 38118
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  /8

  $149,000

  • Land
  • 3.64 Acres
  • $40,934 per Acre

  830 W Raines Rd, Memphis, TN 38109

  Calling all investors and developers! This 3-acre mixed-use property is packed with potential. Whether you’re thinking retail, office, residential, or a creative mixed-use project, the possibilities are endless. Great location, great visibility, and plenty of room to bring your vision to life. Buyer to verify zoning, permitted uses, utilities, acreage, and all development requirements.

  Jasmine Hawkins KAIZEN Realty, LLC

  830 W Raines Rd, Memphis, TN 38109
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  /7

  $65,000

  • 5 Beds
  • 2 Baths
  • 2,222 Sq Ft

  1314 S Willett St, Memphis, TN 38106

  This duplex was converted in a church. It can be converted back to a duplex. Property need a new roofand additional cosmetic work. Great investment for a rental

  Sonja Hester Progressive Realty Services

  1314 S Willett St, Memphis, TN 38106
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  /2

  $59,999

  • 3 Beds
  • 1 Bath
  • 875 Sq Ft

  771 Carrolton Ave, Memphis, TN 38127

  Investor Special. Rented with long term tenant. 3 Bedroom 1 bath home.

  Suzanne Smith Enterprise, REALTORS

  771 Carrolton Ave, Memphis, TN 38127
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  /16

  $104,900

  $10K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,181 Sq Ft

  3242 Markley St, Memphis, TN 38127

  Single-story conventional ranch residence situated within the Harvester Hills subdivision corridor of Memphis. This residence features a functional main-level footprint encompassing approximately 1,181 to 1,210 square feet of finished living space, including 3 bedrooms and up to 1.5 bathrooms. The interior floor plan incorporates a primary living area, carpeted flooring sections, and an adjacent

  Thee Gaines Trelora Realty

  3242 Markley St, Memphis, TN 38127
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  /2

  $5,000

  $7K PRICE DROP

  • Land
  • 16,117 Sq Ft
  • $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
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  /29

  $109,900

  • 1 Bath
  • 453 Sq Ft

  109 N Main St Unit 405, Memphis, TN 38103

  Experience the best of downtown Memphis from this affordable studio just steps from bars, restaurants, and scenic parks along the Mississippi River. Enjoy daily sunsets and skyline views from the building’s rooftop terrace, complete with new gas grills perfect for entertaining. Amenities include a fitness center, indoor pool, hot tub, event room with river and city views, and a cozy coffee shop

  Tyler Bowman Weichert, REALTORS-BenchMark

  109 N Main St Unit 405, Memphis, TN 38103
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  /4

  $35,000

  $5K PRICE DROP

  • 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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  /14

  $144,900

  $5K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,296 Sq Ft

  3844 Ajanders Dr, Memphis, TN 38127

  Well-maintained 4-year-old home conveniently located near major employers including Nike and Amazon. This 4-bedroom, 2-bath home features an open-concept living area that flows seamlessly into the kitchen, complete with a center island ideal for meal prep and gathering. The home also offers a spacious laundry room and durable stained concrete flooring throughout, providing both style and

  Ben Strauch Skyline Realty

  3844 Ajanders Dr, Memphis, TN 38127
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  /8

  $62,833

  $16K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,312 Sq Ft

  3755 Cambridge Station Dr Unit N1, Memphis, TN 38115

  Package sale 3755 3bed/1.5 bath & 3760 Cambridge Station Dr. 2bed/1.5 bath. Tenant occupied in 3755, great investment opportunity or home purchase. Call agent for more information and showings.

  John Cornes CCIM Braden, Braden & Braden LLC

  3755 Cambridge Station Dr Unit N1, Memphis, TN 38115
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  /34

  $74,900

  $25K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,018 Sq Ft

  1100 Western Park Dr, Memphis, TN 38109

  Welcome home to this charming 3-bedroom, 1-bathroom ranch-style residence located in the heart of the established Westwood neighborhood. Built in 19971 and spanning 1,018 square feet, this detached single-family home offers a functional, efficient layout. The interior features a welcoming living area and a bright, practical kitchen space, providing a solid foundation for your personal style and

  Thee Gaines Trelora Realty

  1100 Western Park Dr, Memphis, TN 38109
• 

  

  /10

  $150,000

  • 4 Beds
  • 2 Baths

  869 Pearce St, Memphis, TN 38107

  Cash flowing duplex near downtown! This property was recently renovated. Each side rented at $795/mo. Professional management already in place! No showings without accepted offer. Do not disturb tenants, drive by only.

  Caleb Parr Renshaw Company, REALTORS

  869 Pearce St, Memphis, TN 38107
• 

  

  /16

  $134,900

  • 3 Beds
  • 2 Baths
  • 1,076 Sq Ft

  3834 Windermere Rd, 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 wholesaler or assignment of contract offers will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3834 Windermere Rd, Memphis, TN 38128
• 

  

  /16

  $114,900

  • 3 Beds
  • 1 Bath
  • 1,004 Sq Ft

  1593 E Holmes Rd, Memphis, TN 38116

  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

  1593 E Holmes Rd, Memphis, TN 38116
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  /2

  $5,000

  $2K PRICE DROP

  • Land
  • 6,969 Sq Ft
  • $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

Showing Results 161 - 200, Page 5 of 18