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

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  /2

  $8,500

  • Land
  • 12,632 Sq Ft
  • $29,310 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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  /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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  /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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  /7

  $130,000

  • 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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  /25

  $123,000

  • 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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  /14

  $135,000

  • 3 Beds
  • 2 Baths
  • 1,858 Sq Ft

  1908 Macaulay Ave, Memphis, TN 38127

  3BR 2Bath1858 Sq Ft, well maintained home. Has a large yard, in a great neighborhood next to Georgian Park! Currently rented $1,200 per month, with lease expiring November 2026. DO NOT DISTURB TENANT!

  Brett Bernard The Stamps Real Estate Company

  1908 Macaulay Ave, Memphis, TN 38127
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  /9

  $82,900

  • 2 Beds
  • 1 Bath
  • 756 Sq Ft

  4338 Deborah Ave, Memphis, TN 38108

  Attention Investors!!! You have the ability to buy 10 cash flowing rental properties at one time! This property is part of a package of 10 rental houses for sale. Houses are not sold separately. No wholesaler or assignment of contract offers will be accepted. These properties are all professionally managed. Video is available upon request and please do not disturb any tenants. Owner-Agent

  Dean Harris CrestCore Realty MphsBrokerage

  4338 Deborah Ave, Memphis, TN 38108
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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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  /26

  $90,000

  • 1 Bed
  • 1 Bath
  • 100+ Sq Ft

  108 N Belvedere Blvd Unit 33, Memphis, TN 38104

  Four "Belvedere Gardens" Units for sale as a package deal for $360,000. Individual Prices available. Two 2-bedroom units and two 1-bedroom units available. Three furnished units are at 108 N Belvedere. THIS UNIT is $90,000 on its own. Fully furnished 1-BR & 1 Bath - First floor flat, including kitchen needs, bedding, linens and accessories. Central heat/air. refrigerator and range included. Gated

  Felix Bishop Crye-Leike, Inc., REALTORS

  108 N Belvedere Blvd Unit 33, Memphis, TN 38104
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  /2

  $31,000

  • 4 Beds
  • 1 Bath
  • 1,401 Sq Ft

  2396 Hubbard Ave, Memphis, TN 38108

  Property selling as is ~ Needs a lot of repairs ~ As is offers only ~ No wholesale offer

  Itzel Sanchez Bustamante Keller Williams

  2396 Hubbard Ave, Memphis, TN 38108
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  /14

  $94,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  3189 Morningside St, Memphis, TN 38127

  Newly remodeled home, with a spacious yard. Priced to sell!

  Claudia Routh TRG Real Estate Services, LLC

  3189 Morningside St, Memphis, TN 38127
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  /31

  $84,900

  • 3 Beds
  • 1.5 Baths
  • 929 Sq Ft

  4239 Coventry Dr, Memphis, TN 38127

  Charming 3-bedroom, 1.5-bath brick ranch in the Belover Woods community. This move-in-ready home features a functional single-level layout with a spacious kitchen and dedicated living area. Highlights include a 2-car carport, a private rear patio, and central HVAC. Conveniently located near local transit corridors for easy commuting. Perfect for first-time buyers or investors looking for a solid

  Alexis Martz Trelora Realty

  4239 Coventry Dr, Memphis, TN 38127
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  /37

  $121,500

  • 1 Bed
  • 1 Bath
  • 676 Sq Ft

  109 N Main St Unit 710, Memphis, TN 38103

  Welcome to this true one-bedroom high-rise condo offering comfort, convenience, and an unbeatable downtown lifestyle. This thoughtfully designed residence features a fully renovated bathroom with a new modern vanity and an updated tile shower/tub combination. Recently replaced hardwood flooring runs throughout the unit, creating a clean, cohesive look. Enjoy secure, attached parking with direct

  Tracie Gaia BHHS McLemore & Co., Realty

  109 N Main St Unit 710, Memphis, TN 38103
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  /27

  $134,900

  • 3 Beds
  • 1.5 Baths
  • 1,279 Sq Ft

  727 Crescent Rd, Memphis, TN 38116

  Well-maintained brick home featuring a desirable open floor plan with a spacious layout ideal for everyday living and entertaining. The kitchen and bathrooms are finished with granite countertops, complemented by new appliances for a modern touch. This home offers a great combination of functionality, durability, and style—move-in ready and easy to maintain.

  Marija Tomic ResiAmerica, Inc.

  727 Crescent Rd, Memphis, TN 38116
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  /2

  $9,000

  • Land
  • 5,227 Sq Ft
  • $75,000 per Acre

  749 Bullington Ave, Memphis, TN 38106

  Portfolio List Price: $185,000 Rare opportunity to acquire a portfolio of infill land parcels across established and growing Memphis neighborhoods, ideal for new construction, build-to-rent communities, or long-term investment. Several parcels are clustered, allowing for scalable or phased development strategies in areas experiencing continued revitalization and strong rental demand. Portfolio

  Austin Rowe Onward Real Estate

  749 Bullington Ave, Memphis, TN 38106
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  /2

  $130,000

  • 3 Beds
  • 1 Bath
  • 962 Sq Ft

  1236 Darlow St, Memphis, TN 38122

  Charming 3 bed 1 bath home in 38122. Features a bright living area, functional kitchen, and spacious bedrooms. Large yard perfect for outdoor living. Conveniently located near shopping, dining, schools, and major roads. Great starter or investment property. Currently occupied on a month to month lease, do not disturb tenants. Offers must be submitted before any showings.

  Cesar Lara Fast Track Realty, LLC

  1236 Darlow St, Memphis, TN 38122
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  /2

  $5,000

  • 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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  /19

  $130,000

  • 2 Beds
  • 2.5 Baths
  • 1,477 Sq Ft

  3722 Fern Ridge Rd, Memphis, TN 38115

  Located in the desirable Deer Creek community, this townhome offers a fantastic opportunity for buyers looking to add value. Featuring 2 bedrooms, each with a private bathroom, plus a half bath downstairs for guests, the layout is both functional and convenient. The home includes a spacious great room with a fireplace, wet bar, and built-in shelving, perfect for entertaining or relaxing. The

  Ben Strauch Skyline Realty

  3722 Fern Ridge Rd, Memphis, TN 38115
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  /12

  $54,400

  • 2 Beds
  • 1 Bath
  • 943 Sq Ft

  90 E Trigg Ave, Memphis, TN 38106

  Investor Opportunity on this freshly remodeled home! New tenant with 1 year lease through 4/30/27. Rent is $695/mo. Professionally managed. Located close to entertainment and commerce, this neighborhood is prime for growth.

  Joshua Cooper Sowell, Realtors

  90 E Trigg Ave, Memphis, TN 38106
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  /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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  /11

  $149,900

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

  3844 Ajanders Dr, Memphis, TN 38127

  **********Tenant occupied – please do not disturb tenant. No showings without an accepted offer. ************ 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

  Ben Strauch Skyline Realty

  3844 Ajanders Dr, Memphis, TN 38127
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  /3

  $10,000

  • Land
  • 3,484 Sq Ft
  • $125,000 per Acre

  1329 Michigan St, Memphis, TN 38106

  Prime opportunity to build in an established South Memphis neighborhood! This vacant residential lot offers a great opportunity for builders, investors, or future homeowners looking to create something new. Conveniently located with easy access to major roadways, schools, and local amenities. Utilities available in the area (buyer to verify). Whether you're planning a primary residence or

  Donnie Morrow eXp Realty, LLC

  1329 Michigan St, Memphis, TN 38106
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  /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
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  /24

  $149,900

  • 3 Beds
  • 1.5 Baths
  • 1,600 Sq Ft

  3570 Hallbrook St, Memphis, TN 38127

  ****NO WHOLESALERS!!*** Charming 3BR/1.5BA home on a large lot featuring original hardwood floors, an inviting living room, cozy den, eat-in kitchen, and laundry room. Updates include new countertops, flooring, and fresh paint. New carport slab poured; stove and dishwasher to be installed prior to closing. Great opportunity in a prime location—won’t last long! All offers must include proof of

  Tonji Cromwell eXp Realty, LLC

  3570 Hallbrook St, Memphis, TN 38127
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  /2

  $5,000

  • 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
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  /15

  $89,900

  • 4 Beds
  • 1.5 Baths
  • 1,251 Sq Ft

  2618 Durham Ave, Memphis, TN 38127

  Located in the established community of Frayser, this 4-bedroom, 1.5-bath home offers strong potential for investors or buyers looking to add value. Conveniently situated near major employers, including Nike and Amazon, this property is ideal for rental income or a strategic portfolio addition. The home features three bedrooms downstairs, providing a functional and flexible layout. Durable LVP

  Ben Strauch Skyline Realty

  2618 Durham Ave, Memphis, TN 38127
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  /6

  $74,900

  • Land
  • 10,890 Sq Ft
  • $299,600 per Acre

  920 N Front St, Memphis, TN 38107

  New Price Alert!!! Great lot for future growth of downtown Memphis. Zoned I-L (EMP), perfect for industrial, storage, or flex space use. Excellent opportunity for investors looking to capitalize on the continued expansion and redevelopment of the downtown corridor. Prime location near downtown with strong potential for future appreciation.

  Evett Furr D. C. A. Realty, LLC

  920 N Front St, Memphis, TN 38107
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  /4

  $60,000

  • 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 at $950 month to month! 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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  /2

  $5,500

  • 3 Beds
  • 1 Bath
  • 910 Sq Ft

  2426 Hunter Ave, Memphis, TN 38108

  BURN OUT- Sold As-Is

  Sonja Hester Progressive Realty Services

  2426 Hunter Ave, Memphis, TN 38108
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  /8

  $136,000

  • 3 Beds
  • 1 Bath
  • 1,034 Sq Ft

  3399 Beech Grove Rd, Memphis, TN 38118

  INVESTORS ONLY! Turnkey, tenant-occupied property generating $1,050/month with lease secured through 10/31/2026. Tenant has occupied the property since October 2024, with automatic lease renewal unless either party provides notice to terminate. Fully renovated in summer 2023, including new roof, HVAC, water heater, updated plumbing and electrical, and cosmetic upgrades. Professionally

  Jeremy Veldman KAIZEN Realty, LLC

  3399 Beech Grove Rd, Memphis, TN 38118
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  /10

  $79,900

  • 3 Beds
  • 1 Bath
  • 1,224 Sq Ft

  1997 Driftwood Ave, Memphis, TN 38127

  Great opportunity to finish and make this home your own! This 3BR/1BA property offers over 1,200 sq ft of living space with several updates already started. The kitchen and bathroom have been partially renovated, and some of the flooring has been updated, giving you a solid head start on the rehab. With the major improvements underway, this home is ready for a buyer to step in and complete the

  Will Morgan Marathon REALTORS, LLC

  1997 Driftwood Ave, Memphis, TN 38127
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  /2

  $10,000

  • Land
  • 4,791 Sq Ft
  • $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
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  /2

  $89,000

  • 3 Beds
  • 1 Bath
  • 926 Sq Ft

  3270 Abbottsford Ave, Memphis, TN 38128

  Incredible investment opportunity available with tremendous cash flow and huge potential upside! This home is rented for $875/mo with a market rent of $1200. Tenant in place since 2020. Multiple properties available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied AND have value add upside. Many of these homes have had

  William Haynes Crye-Leike, Inc., REALTORS

  3270 Abbottsford Ave, Memphis, TN 38128
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  /2

  $9,000

  • Land
  • 7,405 Sq Ft
  • $52,941 per Acre

  0 E Alston Ave, Memphis, TN 38126

  Portfolio List Price: $185,000 Rare opportunity to acquire a portfolio of infill land parcels across established and growing Memphis neighborhoods, ideal for new construction, build-to-rent communities, or long-term investment. Several parcels are clustered, allowing for scalable or phased development strategies in areas experiencing continued revitalization and strong rental demand. Portfolio

  Austin Rowe Onward Real Estate

  0 E Alston Ave, Memphis, TN 38126
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  /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
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  /2

  $30,000

  • Land
  • 5,662 Sq Ft
  • $230,769 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
• 

  

  /5

  $4,500

  • Land
  • 9,583 Sq Ft
  • $20,455 per Acre

  244 W Davant Ave, 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

  244 W Davant Ave, Memphis, TN 38109
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  /2

  $6,900

  • Land
  • 4,791 Sq Ft
  • $62,727 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
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  /6

  $149,000

  • 4 Beds
  • 2 Baths
  • 1,007 Sq Ft

  2506 Winnona Ave, Memphis, TN 38108

  Huge Price Improvement! Attention Investors: Beat 1% rule! Renovated 4-bedroom-1-bath home with Section 8 tenant. This property presents a great opportunity for investors looking to generate rental income. The home offers a functional layout with four bedrooms, providing plenty of space and flexibility. Whether you're expanding your rental portfolio or looking for a property with strong income

  Angelita Parham KAIZEN Realty, LLC

  2506 Winnona Ave, Memphis, TN 38108

Showing Results 201 - 240, Page 6 of 18