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

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  /2

  $70,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  842 Restbrook 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 $800/mo. Professionally managed. Lease expires on 11/30/25.

  

  Caleb Hall

  Keller Williams

  (901) 676-8794

  842 Restbrook Ave, Memphis, TN 38127
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  /2

  $100,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3553 Randolph St, 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 $850/mo. Professionally managed. Lease expires on 12/31/25

  

  Caleb Hall

  Keller Williams

  (901) 763-6496

  3553 Randolph St, Memphis, TN 38127
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  /2

  $75,000

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

  598 Orchard 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. Now vacant as of 1/31/26. Professionally managed.

  

  Caleb Hall

  Keller Williams

  (901) 660-2613

  598 Orchard Ave, Memphis, TN 38127
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  /16

  $144,900

  • 3 Beds
  • 2 Baths
  • 1,777 Sq Ft

  5360 Haleville Rd, Memphis, TN 38116

  Well-maintained single-story brick home in Eason Hills. This 3-bedroom, 2-bathroom residence features over 1,700 sq. ft. of living space, including a massive living room and functional dining area. Highlights include updated flooring and counters, a private primary suite, and a large, level, fenced-in backyard. Includes a 1-car carport and extra parking pad. Near Whitehaven schools and amenities.

  Alexis Martz Trelora Realty

  5360 Haleville Rd, Memphis, TN 38116
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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

  $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

  $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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  /15

  $95,000

  • 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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  /33

  $119,900

  • 3 Beds
  • 2 Baths
  • 1,941 Sq Ft

  3398 Scenic Hwy, Memphis, TN 38128

  Constructed in 1955, this 1,941 sqft single-story residence features a classic brick veneer exterior situated on a spacious 0.403-acre lot. The interior floor plan includes 3 bedrooms and 2 bathrooms, highlighted by original hardwood flooring throughout. The functional layout offers expansive living spaces and traditional features, providing a blend of mid-century charm and utility. Year-round

  Tiffany Jones Trelora Realty

  3398 Scenic Hwy, Memphis, TN 38128
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  $119,000

  • 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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  $99,900

  • 3 Beds
  • 1.5 Baths
  • 1,278 Sq Ft

  4566 Weaver Rd, Memphis, TN 38109

  Located in the Westwood Downs subdivision, this 3-bedroom, 1.5-bathroom traditional ranch-style home features 1,278 sq. ft. of living space. Built in 1961, the interior includes a separate living room, a spacious kitchen with a breakfast area, a separate den and an 11x11 laundry room. The flooring consists of a combination of tile and carpeting. Exterior features include a brick veneer finish,

  Alexis Martz Trelora Realty

  4566 Weaver Rd, Memphis, TN 38109
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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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  /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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  $99,900

  • 4 Beds
  • 2 Baths
  • 1,681 Sq Ft

  1947 Tulsa Ave, Memphis, TN 38127

  This 1,681 sq. ft. single-story residence in the Minor Terrace subdivision offers a versatile and spacious layout. The interior features four well-proportioned bedrooms and two full bathrooms, including a primary suite with a tile-floored bathroom and a 27x11 family rm. The heart of the home includes an updated kitchen and a separate den that provides flexible space for a home office, recreation,

  Alexis Martz Trelora Realty

  1947 Tulsa Ave, Memphis, TN 38127
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  $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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  $94,900

  • 3 Beds
  • 1.5 Baths
  • 1,418 Sq Ft

  3773 Schoolfield Rd, Memphis, TN 38127

  Charming brick veneer home in a well-established Frayser neighborhood. Features 3 bedrooms, 1.5 baths, spacious living areas, and a functional kitchen. Enjoy a level, landscaped lot with fenced backyard, front porch, and rear patio—perfect for outdoor living. Includes 2-car garage and additional storage. Convenient location near schools, parks, and major roadways. Move-in ready and full of

  Alexis Martz Trelora Realty

  3773 Schoolfield Rd, Memphis, TN 38127
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  /15

  $114,900

  • 3 Beds
  • 1 Bath
  • 1,180 Sq Ft

  4597 Windward Dr, Memphis, TN 38109

  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

  4597 Windward Dr, Memphis, TN 38109
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  /13

  $100,000

  • 3 Beds
  • 1 Bath
  • 838 Sq Ft

  1871 Gooch Rd, Memphis, TN 38109

  Charming 4-bedroom, 1-bath home situated on a spacious 1.3-acre lot. This property offers a beautifully updated kitchen and bathroom, blending modern convenience with comfortable living. All flooring throughout the home is durable and stylish luxury vinyl plank, providing a cohesive look and easy maintenance. The home also features a handicap-accessible ramp for added ease and functionality. With

  Allyson Avera Crye-Leike, Inc., REALTORS

  1871 Gooch Rd, Memphis, TN 38109
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  $116,000

  • 3 Beds
  • 1 Bath
  • 1,036 Sq Ft

  603 Western Park Dr, Memphis, TN 38109

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $845 per month and is on a lease from 5/1/2025 until 4/30/2026. A renewal has been sent to the tenant, but they have not signed it yet. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

  Alex Evans Reedy & Company, REALTORS

  603 Western Park Dr, Memphis, TN 38109
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  /2

  $99,000

  • 3 Beds
  • 1 Bath
  • 1,027 Sq Ft

  3244 Baskin St, Memphis, TN 38127

  Welcome to 3244 Baskin Street in Memphis! This 3-bedroom, 1-bath property offers a solid opportunity for investors looking to grow their portfolio. Featuring a functional layout with comfortable living space and well-sized bedrooms, this home is well-suited for consistent rental income and long-term value. The spacious yard provides additional potential for improvements and added returns.

  James Wachob Foundation Property Management

  3244 Baskin St, Memphis, TN 38127
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  /19

  $99,000

  • 3 Beds
  • 2.5 Baths
  • 1,600+ Sq Ft

  4037 Graham Oaks Ct Unit 30, Memphis, TN 38122

  Nice two-story, 3 bed 2.5 bath Condo. This property is perfect for a first time home buyer or someone looking to down size with less maintenance. Offering family room with fireplace that opens into a renovated kitchen with stainless steel appliances. Brand new vinyl flooring down stairs and carpeted bedrooms up. Primary bedroom has a newly renovated bathroom and private balcony. Come check it out!

  Tracy Jackson Ray Keller Williams

  4037 Graham Oaks Ct Unit 30, Memphis, TN 38122
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  /13

  $104,900

  • 3 Beds
  • 1 Bath
  • 1,081 Sq Ft

  838 Crockett Place, Memphis, TN 38107

  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

  838 Crockett Place, Memphis, TN 38107
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  /16

  $110,000

  • 2 Beds
  • 1 Bath
  • 1,241 Sq Ft

  3816 Allandale Ln, Memphis, TN 38111

  This well-maintained 2-bedroom, 1-bath property is a fantastic investment opportunity, featuring a reliable, long-term tenant who has called it home for over 10 years. The tenant is in good standing and currently pays $875 per month, offering immediate, consistent income from day one. Even better, the rent is below market value, presenting clear potential for future increases and improved

  Tracy Jefferson Crye-Leike, Inc., REALTORS

  3816 Allandale Ln, Memphis, TN 38111
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  /31

  $94,900

  • 3 Beds
  • 1 Bath
  • 1,031 Sq Ft

  4089 Meadow Dr, Memphis, TN 38111

  Charming single-family home featuring 3 bedrooms and 1 bathroom with a functional layout. Enjoy a spacious backyard perfect for outdoor activities, entertaining, or future expansion. Great opportunity.

  Alexis Martz Trelora Realty

  4089 Meadow Dr, Memphis, TN 38111
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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

  $99,900

  • 4 Beds
  • 2 Baths
  • 1,363 Sq Ft

  1898 E Mclemore Ave, Memphis, TN 38114

  Charming 3BR/2BA Home w/ Bonus Room~Property Recently Vacated~Professionally Managed by Local PM Company~Seller is also selling 3791 Marvin ($80k), 2933 N Radford ($70k) and 2933 N Radford ($70,000). Seller is not interested in creative financing offers or owner financing offers.

  Jennifer Carstensen Real Estate Agency

  1898 E Mclemore Ave, Memphis, TN 38114
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  $129,900

  • 4 Beds
  • 2 Baths
  • 2,338 Sq Ft

  1570 E Mclemore Ave, Memphis, TN 38106

  Don’t miss your chance to own this charming property bordering the desirable Historic Glenview community. This home features 3 bedrooms and 2 full baths, along with an additional flexible room on the side of the home that could easily serve as a 4th bedroom, office, or bonus space. Previously renovated by the prior owner and operated as a successful Airbnb, this property offers excellent

  Chris Mosby ResiAmerica, Inc.

  1570 E Mclemore Ave, Memphis, TN 38106
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  /2

  $5,000

  • 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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  $68,000

  • 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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  /2

  $34,500

  • 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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  /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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  $84,900

  • 3 Beds
  • 1 Bath
  • 990 Sq Ft

  4177 University St, Memphis, TN 38127

  Welcome to this charming 1970s ranch featuring a timeless brick and vinyl exterior. The front of the home is highlighted by a series of large, arched windows that flood the interior with natural light. Inside, you will find original hardwood flooring throughout the main living areas and all three bedrooms. The floor plan features a seamless flow between the kitchen and dining areas, creating an

  Christopher Stjernholm Trelora Realty

  4177 University St, Memphis, TN 38127
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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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  /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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  /18

  $30,000

  • 4 Beds
  • 1.5 Baths
  • 1,444 Sq Ft

  18 E Mitchell Rd, Memphis, TN 38109

  Home in need of full renovation with potential to redesign the floorplan. Mostly gutted kitchen and bathrooms. Some walls have been removed to create an open plan. Former owner used the property as a church but, it is still zoned residential and can easily be renovated back to a 4/2. Calling experienced investors or skilled buyers to take a look. Reimagine this investment property featuring 1444

  Jason Wallace Keller Williams Realty

  18 E Mitchell Rd, Memphis, TN 38109
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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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  $12,500

  • 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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  /3

  $29,000

  • Land
  • 6,534 Sq Ft
  • $193,333 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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  $24,300

  • 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

Showing Results 161 - 200, Page 5 of 18