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

• 

  

  

  /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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  /40

  $85,000

  • 4 Beds
  • 2 Baths
  • 1,974 Sq Ft

  12 E Peebles Rd, Memphis, TN 38109

  Spacious 4- bedroom, 2 full bath home offering 1974 sq. ft. of living space on a 0.45 acre lot. Hardwood floors and stained concrete throughout with a functional floor plan and generous room sizes. Home needs a little TLC, making it a great opportunity for buyers looking to personalize and build equity or investors looking to build a portfolio. Sold as-is.

  Karla Fayne Keller Williams

  12 E Peebles Rd, Memphis, TN 38109
• 

  

  

  /8

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,285 Sq Ft

  2310 Theda Ave, Memphis, TN 38127

  Great addition to your investment portfolio. Three bedroom, one bath with an additional room that could potentially be used as a 4th bedroom. Large master suite with walk in closet. Large covered back patio. Covered parking in front. Substantially remodeled since 2023 including bathroom, kitchen cabinets and countertops, interior paint, doors, window latches and drain line. Currently tenant

  William Haynes Crye-Leike, Inc., REALTORS

  2310 Theda Ave, Memphis, TN 38127
• 

  

  

  /23

  $57,900

  • 3 Beds
  • 1 Bath
  • 841 Sq Ft

  933 Leacrest Ave, Memphis, TN 38109

  The property needs some updates and repairs, but offers a solid layout and a great chance to add value. Located in a strong rental area, this home would make an excellent addition to an investor’s portfolio or a smart option for a small family looking to customize a home to their taste. Being sold AS-IS, allowing buyers to bring their vision and make it their own. With the right improvements,

  Chris Mosby ResiAmerica, Inc.

  933 Leacrest Ave, Memphis, TN 38109
• 

  

  /2

  $19,900

  • Land
  • 0.15 Acre
  • $132,667 per Acre

  3717 E Mallory Ave, Memphis, TN 38111

  Vacant lot to build your dream home.

  Nataraja Krishnaraju Crye-Leike, Inc., REALTORS

  3717 E Mallory Ave, Memphis, TN 38111
• 

  /2

  $40,000

  • 4 Beds
  • 2 Baths
  • 1,190 Sq Ft

  1599 Miller St, Memphis, TN 38106

  Completely gutted 4-bedroom, 2-bath home. This property is a blank slate and will require a full interior rehab. The home needs HVAC and plumbing, while the electrical is intact. The interior has been fully gutted. Estimated $40,000 max to complete the interior rehab (buyer to verify). With the right vision, this property has strong upside. ARV is approximately $125,000. Perfect for investors,

  Crystal Mitchell Renshaw Company, REALTORS

  1599 Miller St, Memphis, TN 38106
• 

  

  /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
• 

  

  /25

  $139,900

  • 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
• 

  

  /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
• 

  

  /12

  $79,900

  • 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
• 

  /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

  $105,000

  • 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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  /4

  $58,000

  • 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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  /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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  /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
• 

  

  /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
• 

  

  /13

  $20,000

  • 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
• 

  

  /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
• 

  

  /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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  /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
• 

  

  /12

  $60,000

  • 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
• 

  

  /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
• 

  /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
• 

  

  /19

  $115,000

  • 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
• 

  

  /3

  $139,900

  • 3 Beds
  • 2 Baths
  • 1,161 Sq Ft

  1232 Vaughn Rd, Memphis, TN 38122

  Amiee Mathis Sowards & Associates, REALTORS

  1232 Vaughn Rd, Memphis, TN 38122
• 

  

  /16

  $129,900

  • 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
• 

  /2

  $7,500

  • Land
  • 0.11 Acre
  • $68,182 per Acre

  1115 Walk Place, Memphis, TN 38106

  Build small houses or big houses. Its doesn't matter along as you build. Drive by today and make him an offer. Thanks. Acres .11 * 1115 Walk Pl.; land has utilities, water and sewage access

  Christine Abston REMAX Experts

  1115 Walk Place, Memphis, TN 38106
• 

  /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
• 

  

  /15

  $50,000

  • 2 Beds
  • 1 Bath
  • 810 Sq Ft

  2739 Frisco Ave, Memphis, TN 38114

  This large lot home has 2 bed 1 bath and offers an investors blank canvas. The home will need to be trashed-out and we have a crew that can help. This will be @ buyer expense. The seller is selling the home as is where is. Easy to show. The home is priced to sell and the home won't last long. Must view the interior before seller will accept offer. Buyer must provide proof of funds with all offers

  Micah Layman Ware Jones, REALTORS

  2739 Frisco Ave, Memphis, TN 38114
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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
• 

  

  /15

  $110,000

  • 3 Beds
  • 2 Baths
  • 1,547 Sq Ft

  778 Atlantic St, Memphis, TN 38112

  This 3 bedroom, 2 bathroom home offers a solid floor plan and tons of potential for the right buyer. Featuring original hardwood floors in the living room, a spacious den perfect for entertaining, and a small bonus room that can be used as an office, playroom, or extra storage.The hallway bathroom has been renovated, and all appliances will remain with the home. The backyard is fully chain-fenced

  Mirella Bautista The Home Partners Realty

  778 Atlantic St, Memphis, TN 38112
• 

  

  /13

  $50,000

  • 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
• 

  

  /7

  $104,000

  • 3 Beds
  • 1 Bath
  • 1,582 Sq Ft

  1439 Pillow St, Memphis, TN 38106

  Make this your next rental property! Located walking distance to two schools, five minutes from the expressway and ten minutes from Midtown and Downtown! There have been several updates to this property such as new roof in 2022, fresh paint, new plumbing, 5 year old water heater, new front door and security door, new flooring, new kitchen cabinets, new sink , new light fixtures just to name a

  Verna Littleton Fast Track Realty, LLC

  1439 Pillow St, Memphis, TN 38106
• 

  

  /9

  $99,900

  • 3 Beds
  • 2 Baths
  • 1,157 Sq Ft

  224 Ingle Ave, Memphis, TN 38109

  Step into this beautifully renovated 3-bedroom, 2-bath home offering modern upgrades, stylish finishes, and a layout designed for comfortable living. Every detail has been refreshed, from flooring and paint to kitchen and bath updates, making it truly move-in ready. Perfectly located near local shopping and dining, this home also provides quick access to the interstate and is just minutes from

  Gene Adams Realty International, Inc.

  224 Ingle Ave, Memphis, TN 38109
• 

  

  /3

  $9,600

  • Land
  • 0.67 Acre
  • $14,328 per Acre

  999 W Raines Rd, Memphis, TN 38109

  Large vacant lot that is ready for your home plans. You have so many possibilities to make this over 1/2 an acre lot your own!

  Rebecca Edwards Keller Williams

  999 W Raines Rd, Memphis, TN 38109

Showing Results 201 - 240, Page 6 of 18