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

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  /12

  $119,900

  • 3 Beds
  • 1 Bath
  • 1,350 Sq Ft

  4898 Dianne Dr, Memphis, TN 38116

  Nestled in the vibrant Red Oaks neighborhood of South Memphis, 4898 Dianne Dr offers timeless mid-century appeal, perfect for investors or owner-occupants. This single-family gem spans ~1,300 sq ft with 3 cozy bedrooms—ideal for comfortable living or a savvy investment.

  Matt Holt Premier Realty Group, LLC

  4898 Dianne Dr, Memphis, TN 38116
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  /2

  $7,500

  • Land
  • 0.37 Acre
  • $20,270 per Acre

  51 W Brooks Rd, Memphis, TN 38109

  Nice lot! Come build your new house!

  Myles Wilson Keller Williams

  51 W Brooks Rd, Memphis, TN 38109
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  /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
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  /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
• 

  

  /2

  $20,000

  • Land
  • 0.16 Acre
  • $125,000 per Acre

  0 Agnes Place, Memphis, TN 38104

  Great opportunity to build or invest in the heart of Midtown! Located just minutes from Cooper-Young and Overton Square, this lot offers excellent potential for new construction or long-term hold. Quiet street with convenient access to dining, entertainment, and major routes.

  Joshua Moss KAIZEN Realty, LLC

  0 Agnes Place, Memphis, TN 38104
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  /30

  $109,000

  • 3 Beds
  • 1.5 Baths
  • 1,158 Sq Ft

  757 Alice Ave, Memphis, TN 38106

  This home offers a great opportunity for both first-time buyers willing to put in some work and investors looking for a solid project. This 3 bedroom fixer features a functional layout with plenty of room to update and make it your own. With repairs and cosmetic upgrades, the home can quickly build equity or serve as a strong rental or flip. Ideal for a cash deal, it’s investor friendly while

  Daniel Demers Sell Your Home Services, LLC

  757 Alice Ave, Memphis, TN 38106
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  /2

  $10,000

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

  1579 Southern Ave, Memphis, TN 38114

  Nice lot! Come build your new house!

  Myles Wilson Keller Williams

  1579 Southern Ave, Memphis, TN 38114
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  /16

  $40,000

  • 2 Beds
  • 1 Bath
  • 998 Sq Ft

  2267 Marble Ave, Memphis, TN 38108

  Seller financing option available on this 2-bedroom, 1-bathroom home where renovations have already been started, including new windows, siding, and flooring. The property still needs a full renovation to bring it back to its full potential. Being sold as-is, cash offers only. A great opportunity for investors looking to purchase and complete the project or explore seller financing options. Reach

  Juan Torres Fast Track Realty, LLC

  2267 Marble Ave, Memphis, TN 38108
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  /2

  $127,900

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

  79 E Shelby Dr, Memphis, TN 38109

  This home was renovated 3 years ago. This is perfect for a first time home buyer, or investor, looking to make good rental income. Tenant just moved out. Will be ready to show starting 04/21/2025.

  Joye Martin Miller Martin Realty

  79 E Shelby Dr, Memphis, TN 38109
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  /30

  $99,900

  • 3 Beds
  • 1 Bath
  • 1,729 Sq Ft

  1940 Driftwood Ave, Memphis, TN 38127

  Charming 3-bedroom, 1-bath home offering nearly 1,800 square feet of comfortable living space on a spacious lot in a quiet Memphis neighborhood. This well-kept residence features a large living area, a cozy den, and a functional kitchen with plenty of cabinet space. The generous yard provides room for outdoor enjoyment, gardening, or future enhancements, while the covered parking adds everyday

  Alexis Martz Trelora Realty

  1940 Driftwood Ave, Memphis, TN 38127
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  /3

  $7,500

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

  26 E Bodley Ave, Memphis, TN 38109

  Great Investment Property - Selling in "AS-IS" Condition.

  Lesia Harris REMAX Experts

  26 E Bodley Ave, Memphis, TN 38109
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  /32

  $95,000

  • 2 Beds
  • 2 Baths
  • 1,600+ Sq Ft

  232 S Highland St Unit 1005, Memphis, TN 38111

  Freshly painted, condo with smooth ceilings, new carpet, 2 bedroom, 2 bath spacious rooms in the heart of Memphis, close to shopping, restaurants & U of M. Gated parking, in ground pool, garden like well maintained commons areas, party room w/ kitchen, 24/7 security, and exercise room Condo has huge windows allowing natural light and views of lovely sunsets.

  Laurie McBride Connors Ware Jones, REALTORS

  232 S Highland St Unit 1005, Memphis, TN 38111
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  /2

  $35,000

  • Land
  • 0.43 Acre
  • $81,395 per Acre

  1097 W Raines Rd, Memphis, TN 38109

  Prime Vacant Lot in Southwest Memphis! Discover an excellent opportunity to build in a well-established residential area of Memphis. Located on W Raines Road, this vacant lot offers great visibility, convenient access, and a versatile layout suitable for your next home, rental property, or long-term investment. This level, buildable parcel features road frontage on a paved street, with nearby

  Darnell McCurdy Crye-Leike, Inc., REALTORS

  1097 W Raines Rd, Memphis, TN 38109
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  /23

  $141,900

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

  1370 Isabelle St, Memphis, TN 38122

  INVESTORS ONLY! Tenant occupied property currently rented at $1265 . Home is professionally managed (lease, ledger, repair history available). Seller just did a rent ready rehab in 2025. Home has a very nice floor plan, covered parking, brick exterior, plus it was rehabbed by the management company prior to the tenant moving inside in August 2025. This could be a great long term hold and a great

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1370 Isabelle St, Memphis, TN 38122
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  /2

  $9,900

  • Land
  • 0.14 Acre
  • $70,714 per Acre

  0 Whitman Ave, Memphis, TN 38112

  Lot is to the right of 2636 Whitman.

  Crystal Mitchell Renshaw Company, REALTORS

  0 Whitman Ave, Memphis, TN 38112
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  /17

  $124,900

  • 3 Beds
  • 2 Baths
  • 1,276 Sq Ft

  1993 Burnham Ave, Memphis, TN 38127

  Welcome to 1993 Burnham Ave! This beautifully maintained 3-bed, 2-bath home is truly move-in ready, offering generous living spaces and smart, practical updates throughout. Enjoy peace of mind with a brand-new roof, upgraded HVAC system, and abundant storage options. Designed for everyday comfort and convenience, this home is ready to fit your lifestyle. Come see it for yourself, schedule your

  Jonathan Nunez Fast Track Realty, LLC

  1993 Burnham Ave, Memphis, TN 38127
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  /14

  $49,400

  • 3 Beds
  • 1 Bath
  • 900 Sq Ft

  1056 Seattle St, Memphis, TN 38114

  Welcome to 1056 Seattle Street — a clean, well-kept 3-bedroom, 1-bath home offering easy living and promising upside in a rapidly developing pocket of 38114. Inside, you’ll find a tidy 900 sq ft layout that’s been extremely well maintained—move-in ready or the perfect low-effort rental. A property across the street recently sold for $47,000 in rough condition, and another just a couple blocks

  Elliot Cerezo The Home Partners Realty

  1056 Seattle St, Memphis, TN 38114
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  /20

  $85,000

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

  2189 Lisa Ave, Memphis, TN 38127

  This 3-bedroom, 1-bath home is a fantastic opportunity in a well-established Memphis neighborhood. Conveniently located this property offers easy access to everything you need. This property is perfect for first-time buyers looking for affordability and opportunity in the Memphis market. Don’t miss your chance to own this promising property!

  Cesar Lara Fast Track Realty, LLC

  2189 Lisa Ave, Memphis, TN 38127
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  /24

  $89,900

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

  1480 Warford St, Memphis, TN 38108

  Explore 1480 Warford St, a cozy and welcoming home in Memphis. With a new roof for added durability, and sleek vinyl flooring throughout, this home offers a modern, low-maintenance lifestyle. Fresh interior and exterior paint add to its charm. Schedule your showing today!

  Jonathan Nunez Fast Track Realty, LLC

  1480 Warford St, Memphis, TN 38108
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  /2

  $37,000

  • Land
  • 0.68 Acre
  • $54,412 per Acre

  0 Warford St, Memphis, TN 38018

  Great opportunity to own a beautiful parcel of land close to the highway.

  Brendan Barriere Pinnacle Realty

  0 Warford St, Memphis, TN 38018
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  /3

  $10,000

  • Land
  • 0.22 Acre
  • $45,455 per Acre

  1437 Silver St, Memphis, TN 38106

  Large lot at the corner of Silver and Kerr. Bring your home plans and make this one your own. Priced well for builders looking for their next development. Drive by to view any time.

  Rebecca Edwards Keller Williams

  1437 Silver St, Memphis, TN 38106
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  /13

  $58,000

  • 2 Beds
  • 2 Baths
  • 984 Sq Ft

  1524 Tayner St, Memphis, TN 38108

  Fixer upper in North Memphis perfect for investors or home owners looking to supplement income! One side is occupied at $450 month to month and other side is vacant and in need of tlc. Please don’t disturb tenants and make offers contingent upon inspection.

  Duane Kinnard Tri-Leake Realty

  1524 Tayner St, Memphis, TN 38108
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  /10

  $97,000

  • 3 Beds
  • 1 Bath
  • 1,400+ Sq Ft

  3035 Phyllis Ln, Memphis, TN 38118

  Great investment opportunity! This professionally managed, tenant occupied property features newer roof and gutters (2022) and other recent repairs. The property is currently rented to a long term tenant for $1040/mo. The tenant is a great, timely payer and the lease expires 06/26. The property is brick, has covered parking and it has central heat and air. It is conveniently located in East

  William Haynes Crye-Leike, Inc., REALTORS

  3035 Phyllis Ln, Memphis, TN 38118
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  /21

  $139,900

  • 4 Beds
  • 1.5 Baths
  • 1,800+ Sq Ft

  3358 Brockcrest Cove, Memphis, TN 38128

  Investors Only! Don't Disturb Tenants! Offer contingent upon inspections. Near Nike & Amazon! You don't want to miss this 4 bed (bonus room)/1.5 bath in a Cove! This home has a newer roof, updated tile flooring in baths, LVP flooring, newer countertops in kitchen, spacious den w/fireplace, living room, dining area in kitchen, carport, storage room, and patio area in backyard. Professionally

  Monica Bynum Crye-Leike, Inc., REALTORS

  3358 Brockcrest Cove, Memphis, TN 38128
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  /2

  $75,000

  • Land
  • 9.02 Acres
  • $8,315 per Acre

  00 Tchulahoma Rd, Memphis, TN 38118

  9.02 acres of land off Tchulahoma Rd! This wooded lot is in a prime location, just minutes from the airport, Mississippi state line, and Amazon Plant. Great opportunity for a developer or a homebuilder looking to grow in a perfectly located area. Drive by and check it out!

  Juan Torres Fast Track Realty, LLC

  00 Tchulahoma Rd, Memphis, TN 38118
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  /2

  $97,000

  • 3 Beds
  • 1.5 Baths
  • 1,154 Sq Ft

  2831 Redwing Rd, Memphis, TN 38118

  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. Leased at $850 per month on a month-to-month basis. No creative or owner financed offers. No wholesalers or assignments. Do not disturb or approach

  James Wachob Foundation Property Management

  2831 Redwing Rd, Memphis, TN 38118
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  /11

  $67,850

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  2548 Sunny Hill Dr, Memphis, TN 38127

  Investor Dream or Great Home for Potential Home whose looking for low monthly payments. Move-in Ready. Conveniently located close to schools, shopping centers and interstate. Idea property for City of Memphis(DPA) or THDA Program. Seller will help with buyer's closing costs. Schedule a private showing.

  Douglas Bentley Good Shepherds Realty & Invest

  2548 Sunny Hill Dr, Memphis, TN 38127
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  /34

  $84,900

  • 4 Beds
  • 1 Bath
  • 1,048 Sq Ft

  4360 Bluebell St, Memphis, TN 38109

  This 4-bedroom, 1-bath home offers a great opportunity for owner occupant buyers or investors looking to add value. Featuring a spacious lot. This property has endless potential. Whether you're looking to renovate and flip or customize for your own needs, this home is a worthwhile project in a convenient location.

  Alexis Martz Trelora Realty

  4360 Bluebell St, Memphis, TN 38109
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  /2

  $40,000

  • Land
  • 0.11 Acre
  • $363,636 per Acre

  52 Angelus St, Memphis, TN 38104

  Incredible opportunity to own two adjoining lots in the heart of Midtown — 46 and 52 Angelus St. These properties are surrounded by new construction and located next door to a stunning modern condo building. The area continues to grow rapidly, making this a perfect location for your next development project or investment. Centrally located and just minutes from dining, shopping, and entertainment

  Crystal Mitchell Renshaw Company, REALTORS

  52 Angelus St, Memphis, TN 38104
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  /2

  $34,000

  • Land
  • 0.16 Acre
  • $212,500 per Acre

  2046 Lamar Ave, Memphis, TN 38114

  PRIME DEVELOPMENT OPPORTUNITY. This strategically positioned parcel offers excellent visibility and high traffic counts along one of the city’s major commercial corridors. Convenient access to downtown Memphis, major highways, and established nearby businesses, this site provides exceptional potential for future growth. Don’t miss the chance to secure a valuable piece of property in an area

  Darnell McCurdy Crye-Leike, Inc., REALTORS

  2046 Lamar Ave, Memphis, TN 38114
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  /2

  $12,000

  • Land
  • 0.34 Acre
  • $35,294 per Acre

  3247 Charlotte Rd, Memphis, TN 38109

  Builders/Investors get your building plans ready! Lot sold "AS IS - WHERE IS." Buyer to conduct due diligence. Also available vacant lot 3233 Charlotte Rd. Please submit pre-approval letter / Proof of Funds with offer.

  Wonda McGowan McGowan Homes & R/E Services

  3247 Charlotte Rd, Memphis, TN 38109
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  /8

  $75,000

  • Studio
  • 4 Baths
  • 2,222 Sq Ft

  1314 S Willett St, Memphis, TN 38106

  Property is currently a house church. Property was converted from a duplex to religious use.

  Sonja Hester Progressive Realty Services

  1314 S Willett St, Memphis, TN 38106
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  /10

  $118,500

  • 2 Beds
  • 1 Bath
  • 1,400+ Sq Ft

  1274 Railton Rd, Memphis, TN 38111

  Investment property. Property to be SOLD AS IS NO REPAIRS. This two-bedroom bath offers a formal living and dining combination, an eat-in kitchen, and a large den that could be converted into a primary bedroom and bath. Updates, interior painted, new carpet, and new kitchen cabinets in 2022. Tenant Occupied 12 month lease

  Patricia Didlake Didlake Realty Group, LLC

  1274 Railton Rd, Memphis, TN 38111
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  /4

  $20,000

  • Land
  • 0.8 Acre
  • $25,000 per Acre

  29 Felton Rd, Memphis, TN 38128

  Prime vacant residential lot on Felton Rd in North Memphis! Perfect spot to build your dream home, a rental property, or hold as a long-term investment. Flat, open parcel with utilities nearby and easy access to Hwy 51, downtown Memphis, parks, and schools. Located in a quiet, growing neighborhood with strong demand for new construction. Buyer to verify zoning, utilities, and lot dimensions.

  Ralph Harvey List With Freedom.Com, Inc.

  29 Felton Rd, Memphis, TN 38128
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  /15

  $135,000

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

  507 Tonto Rd, Memphis, TN 38109

  This beautiful home has been completely renovated!!! It features smooth ceilings, updated gold fixtures throughout the home, new paint on the interior and exterior, new hot water tank, brand new stainless steel kitchen appliances, and the original hardwood floors have been revitalized!!! The kitchen and bathroom were completely gutted on this home, so everything is brand new!!! The kitchen and

  Joye Martin Miller Martin Realty

  507 Tonto Rd, Memphis, TN 38109
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  /2

  $23,500

  • Land
  • 0.11 Acre
  • $213,636 per Acre

  801 Cella St, Memphis, TN 38114

  Great lot! Ready to build your next home or investment property.

  Crystal Mitchell Renshaw Company, REALTORS

  801 Cella St, Memphis, TN 38114
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  /9

  $65,000

  • 2 Beds
  • 1.5 Baths
  • 1,429 Sq Ft

  4729 Wild Plum Ct Unit 112, Memphis, TN 38118

  AWESOME INVESTOR OPPORTUNITY!! 2 Bed , 1.5 bath. This property has been refurbished and ready for your family or tenant. This property can be bought as a package deal with 4729 Wild Plum Ct, which is directly next door. PROPERTY IS BEING SOLD AS-IS

  Kevin Brown eXp Realty, LLC

  4729 Wild Plum Ct Unit 112, Memphis, TN 38118
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  /31

  $129,900

  • 3 Beds
  • 2 Baths
  • 1,051 Sq Ft

  4066 Berrywood Ave, Memphis, TN 38118

  This ranch style home features 3 beds, 2 bath. Boasting great bones and endless potential. Sit on the front porch enjoying the outdoors. Great for an investor or first time homebuyer. Seller will have new condenser installed with acceptable offer and working on getting window replaced.

  Alexis Martz Trelora Realty

  4066 Berrywood Ave, Memphis, TN 38118
• 

  

  /13

  $154,000

  • 3 Beds
  • 2 Baths
  • 1,266 Sq Ft

  4307 Sidney Rd, Memphis, TN 38116

  Lenzell Clark Braden, Braden & Braden LLC

  4307 Sidney Rd, Memphis, TN 38116
• 

  

  /3

  $130,000

  • 3 Beds
  • 1 Bath
  • 1,236 Sq Ft

  1047 N Highland St, Memphis, TN 38122

  Charming 3-Bedroom Home with a Two Car Garage. Investment opportunity. Tenant occupied home. Tenant is currently paying $1265/mo. Professionally managed (Lease, ledger, and repair history available upon request). This could be a great addition to your rental portfolio and could be a great long term hold. Do not approach or disturb tenant. No showings without an accepted offer.

  Timothy Smith REMAX Experts

  1047 N Highland St, Memphis, TN 38122

Showing Results 201 - 240, Page 6 of 18