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

• 

  

  

  /25

  $104,900

  • 3 Beds
  • 1 Bath
  • 1,038 Sq Ft

  1257 Deer Trail Ln, Memphis, TN 38109

  Tranquil, inviting home offers(3% Closing costs w/full price offer) 3 bedrooms, separate living room & den off the kitchen. Crisp & clean with fresh new interior & exterior paint, new light fixtures, a one car garage for your favorite automobile. Be the king or queen of your first home. Priced to sell yesterday!! So take a tour today. **Central air unit to be reinstalled**.

  Robert Farris Crye-Leike, Inc., REALTORS

  1257 Deer Trail Ln, Memphis, TN 38109
• 

  

  /2

  $12,000

  • Land
  • 0.14 Acre
  • $85,714 per Acre

  693 Barrett Place, Memphis, TN 38107

  Vacant lot, perfect for development, flat and ready to build on. Utilities available at the street.

  Rob Thompson Bluff City Realty Group, LLC

  693 Barrett Place, Memphis, TN 38107
• 

  

  

  /23

  $80,000

  • 2 Beds
  • 1 Bath
  • 1,248 Sq Ft

  2601 Jackson Ave, Memphis, TN 38108

  Welcome to this prime investment opportunity located on an expansive one-third acre+ corner lot. The property currently features a two-bedroom, one-bath bungalow that offers the option to either fully renovate and restore or to redevelop the site entirely. Zoning variance and initial plan approvals are already in place for the construction of a four-plex multifamily residential building. The

  Michael Valenza eXp Realty, LLC

  2601 Jackson Ave, Memphis, TN 38108
• 

  

  /2

  $12,000

  • Land
  • 0.8 Acre
  • $15,000 per Acre

  0 Felton Rd, Memphis, TN 38128

  Beautiful wooded residential lot!!

  Jessica Willis EXIT Realty Gateway South

  0 Felton Rd, Memphis, TN 38128
• 

  

  /2

  $90,000

  • Land
  • 11.53 Acres
  • $7,806 per Acre

  4487 Weaver Rd S, Memphis, TN 38109

  EXCELLENT FOR NEW HOME CONSTRUCTION........GREAT FRONTAGE ON WEAVER ROAD......(2) PARCELS ALMOST 12 ACRES.... .25 ACRES ALREADY CLEARED AND READY FOR BUILDING.

  Georgia Torrance Torrance Real Estate

  4487 Weaver Rd S, Memphis, TN 38109
• 

  /2

  $12,500

  • Land
  • 0.16 Acre
  • $78,125 per Acre

  664 E Alston Ave, Memphis, TN 38126

  Prime land opportunity! Discover the perfect spot for your next project! This spacious lot offers endless possibilities | whether you're looking to build your dream home, invest, or develop. Located in a desirable area with easy access to amenities, this is a rare opportunity you don't want to miss! Contact us today for details! Owner / Agent

  James Wachob Foundation Property Management

  664 E Alston Ave, Memphis, TN 38126
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  /2

  $7,000

  • Land
  • 0.1 Acre
  • $70,000 per Acre

  1491 Oriole St, Memphis, TN 38108

  Great opportunity to build home. Area surrounded by new development. This property was purchased on a tax sale. Being sold as a vacant lot.

  Connie Farina C21 Home First, REALTORS

  1491 Oriole St, Memphis, TN 38108
• 

  

  /5

  $70,000

  • 3 Beds
  • 1 Bath
  • 1,052 Sq Ft

  3211 Ford Rd, Memphis, TN 38109

  Possible investment property; fixer upper

  James Harvey Jr Keller Williams

  3211 Ford Rd, Memphis, TN 38109
• 

  /2

  $15,000

  • Land
  • 0.25 Acre
  • $60,000 per Acre

  1740 W Dodd Rd, Memphis, TN 38109

  Nice lot! Come build your new house!

  Myles Wilson Keller Williams

  1740 W Dodd Rd, Memphis, TN 38109
• 

  /2

  $25,000

  • Land
  • 0.09 Acre
  • $277,778 per Acre

  995 Seattle St, Memphis, TN 38114

  Vacant 40x100 lot in the Rozelle neighborhood. Flat lot and ready to build on. R-6 (H) zoning. Two other lots in the neighborhood also listed.

  Rob Thompson Bluff City Realty Group, LLC

  995 Seattle St, Memphis, TN 38114
• 

  

  /4

  $20,000

  • Land
  • 0.34 Acre
  • $58,824 per Acre

  3550 Orchi Rd, Memphis, TN 38108

  Lots available for your spring building program! Approx 10 lots are available in this area. Call Listing Agent for complete list. Buyer to do all due diligence, sold AS-IS WHERE-IS

  Dawn Kinard Welch Realty, LLC

  3550 Orchi Rd, Memphis, TN 38108
• 

  

  /3

  $129,900

  • 3 Beds
  • 2 Baths
  • 1,000+ Sq Ft

  3465 Spottswood Ave, Memphis, TN 38111

  Terrific investment opportunity! Professionally managed and tenant occupied home for sale. Hard to find 3 bedroom 2 bathroom home with bonus room (at this price point). Currently rented for $950/mo with a $950 security deposit on file (rental upside since it is a 3/2 with a bonus room). Lease ends 2/28/26. Home is steps away from the University of Memphis and is a great long term hold. Values are

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3465 Spottswood Ave, Memphis, TN 38111
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  /2

  $6,000

  • Land
  • 0.16 Acre
  • $37,500 per Acre

  394 Laclede Ave, Memphis, TN 38126

  Perfect level lot for Single Family Residence

  Mae Moore Grand Point Realty, LLC

  394 Laclede Ave, Memphis, TN 38126
• 

  /2

  $10,000

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

  1585 Southern Ave, Memphis, TN 38114

  Nice Lot! Come build your new house!

  Myles Wilson Keller Williams

  1585 Southern Ave, Memphis, TN 38114
• 

  /2

  $12,500

  • Land
  • 0.13 Acre
  • $96,154 per Acre

  2530 Calvert Ave, Memphis, TN 38108

  Prime land opportunity! Discover the perfect spot for your next project! This spacious lot offers endless possibilities | whether you're looking to build your dream home, invest, or develop. Located in a desirable area with easy access to amenities, this is a rare opportunity you don't want to miss! Contact us today for details! Owner / Agent

  James Wachob Foundation Property Management

  2530 Calvert Ave, Memphis, TN 38108
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  /2

  $15,000

  • Land
  • 0.09 Acre
  • $166,667 per Acre

  652 Tillman St, Memphis, TN 38111

  The lot is a nice size for multiple or single family housing. It's a good place to build affordable housing. It is covenient to availabe services on Summer.

  Dianne Wilson-Hayden Crye-Leike, Inc., REALTORS

  652 Tillman St, Memphis, TN 38111
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  /2

  $75,000

  • 3 Beds
  • 2.5 Baths
  • 1,447 Sq Ft

  3336 Kirby Trees Place Unit 16, Memphis, TN 38115

  This is part of a five condo deal (3336, 3338, 3344, 6443 Kirby Trees and 5211 Flowering Peach) for $375,000.00. Units may be sold individually for $75,000.00 Unit is occupied at $1,450.00 per month. Priced to SELL!!!!!

  Frank Colvett REMAX Experts

  3336 Kirby Trees Place Unit 16, Memphis, TN 38115
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  /2

  $49,900

  • Land
  • 1.02 Acres
  • $48,922 per Acre

  305 Nicolet Dr, Memphis, TN 38109

  If your client wants an exceptional 1 full acre of land to build their new dream home in a quiet, beautiful and GATED community, this is where they want to build. This land is well worth the investment. Remember: IT IS ABSOLUTELY BEAUTIFUL AND A PERFECT PLACE TO BUILD A DREAM HOME IN A SECURE, MATURE & WELCOMING COMMUNITY!!

  Lori Miller 4 Success Realty, LLC

  305 Nicolet Dr, Memphis, TN 38109
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  /15

  $94,900

  • 3 Beds
  • 1.5 Baths
  • 1,400+ Sq Ft

  1820 Saint Elmo Ave, Memphis, TN 38127

  THIS PROPERTY WILL NOT GO FHA/VA. LOOKING FOR A NICE 3 BEDROOM HOME IN THE FRAYSER AREA? THIS MAY BE AN OPTION. CLOSE TO BUS LINE AND ENTERTAINMENT,GAS, HIGHWAY AND INTERSTATE ACCESS FIVE MINUTES AWAY.

  Juan Brooks Process Realty Services

  1820 Saint Elmo Ave, Memphis, TN 38127
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  /2

  $59,900

  • 3 Beds
  • 2 Baths
  • 1,548 Sq Ft

  672 E Davant Ave, Memphis, TN 38106

  Great investment home that needs some work. Currently boarded.

  Joe King Marathon REALTORS, LLC

  672 E Davant Ave, Memphis, TN 38106
• 

  /2

  $55,000

  • Land
  • 0.82 Acre
  • $67,073 per Acre

  3646 Democrat Rd, Memphis, TN 38118

  This .82 Acre lot is being sold along with 3628 Democrat for a package deal. Regular shaped and zoned RU-3 which allow for various uses including SFH, Multifamily Homes, Manufactured homes, Assist Living and more. Contact me for more information. Bring all offers

  John Cornes Braden, Braden & Braden LLC

  3646 Democrat Rd, Memphis, TN 38118
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  /16

  $149,900

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

  6463 Frosty Leaf Dr, Memphis, TN 38141

  3 BR | 2 BA | Covered Patio | Huge Fenced Yard Priced to sell FAST—this charming 3-bed, 2-bath home is ready for your vision! Step inside to spacious living areas, a functional layout, and tons of potential. The large covered patio overlooks a fully fenced backyard—perfect for pets, play, or future outdoor oasis. Needs TLC but brimming with opportunity for investors or owner-occupants

  Matt Holt Premier Realty Group, LLC

  6463 Frosty Leaf Dr, Memphis, TN 38141
• 

  

  /17

  $139,999

  • 4 Beds
  • 1 Bath
  • 1,611 Sq Ft

  1165 Cannon St, Memphis, TN 38106

  Step into this fully renovated 4-bedroom, 1-bath. This home is over 1600 sqft. featuring modern updates while maintaining its classic character. The layout flows beautifully from the living area into a stylish kitchen with updated cabinetry, and plenty of counter space. Spacious bedrooms and updated bathroom offer comfort and functionality for the whole family. Maintenance free exterior.

  Stephanie Moss BEST Real Estate Company

  1165 Cannon St, Memphis, TN 38106
• 

  

  /10

  $32,000

  • 3 Beds
  • 1 Bath
  • 1,040 Sq Ft

  1719 Fields Rd, Memphis, TN 38109

  Investor Special! This 3 Bedroom 1 Bathroom Home would be Great to add to your portfolio! With over 2.5 Acres, the possibilities are endless. Selling AS-IS. NO Wholesale, Assignments or Seller Finance Offers will be accepted. Make your appointment today!

  Jennifer Clark KAIZEN Realty, LLC

  1719 Fields Rd, Memphis, TN 38109
• 

  /2

  $84,900

  • 3 Beds
  • 1 Bath
  • 1,200+ Sq Ft

  3453 Denver St, Memphis, TN 38127

  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 blind offers and no wholesaler or assignment of contract offers will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3453 Denver St, Memphis, TN 38127
• 

  /2

  $80,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  680 Looney Ave, Memphis, TN 38107

  Vacant. 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

  680 Looney Ave, Memphis, TN 38107
• 

  

  /14

  $112,900

  • 4 Beds
  • 1.5 Baths
  • 1,200+ Sq Ft

  4627 Crystal Springs Dr, Memphis, TN 38128

  Lovely 4 bedroom 1 & a half bathroom home that is being priced to sell. This home could actually be converted to a 5 bedroom home rather easily which would be an added bonus! Home needs repairs but could be worth a lot of money once fixed up. Many homes in this area are being rehabbed and sold for more money. Immediate occupancy available. ONLINE VIDEO AVAILABLE UPON REQUEST. Roof appears to be

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4627 Crystal Springs Dr, Memphis, TN 38128
• 

  

  /20

  $134,900

  • 3 Beds
  • 2 Baths
  • 1,517 Sq Ft

  814 N Merton St, Memphis, TN 38112

  Contract contingency View inside then deposit if continue. No wholesale, No Creative Financing, No seller financing, carry back or creative financing. Need Preapproval or Proof of fund before offers. For Investors ONLY. ALREADY LEASED FOR $1100 manage by Licensed Property Management with $100 a month of management fee. Low taxes and insurance. Updated some of the Virtual Staging for you to see

  David Truong eXp Realty, LLC

  814 N Merton St, Memphis, TN 38112
• 

  

  /4

  $5,000

  • Land
  • 0.21 Acre
  • $23,810 per Acre

  0 Durham Ave, Memphis, TN 38127

  Great opportunity for investor/builder. Listed below appraised value. Lots 03 and 04 available.

  Brittan Robbins Real Broker

  0 Durham Ave, Memphis, TN 38127
• 

  /2

  $13,500

  • Land
  • 0.12 Acre
  • $112,500 per Acre

  1538 Standridge St, Memphis, TN 38108

  Lot dimensions are 40x135, 0.124 acres, can accommodate up to a triplex. Professionally demolished, leveled, and ready for your ideas! Cash offers only, no contract assignments, and quick close preferred. Please do all due diligence before presenting an offer.

  Tyler Bowman Weichert, REALTORS-BenchMark

  1538 Standridge St, Memphis, TN 38108
• 

  /2

  $20,000

  • Land
  • 0.33 Acre
  • $60,606 per Acre

  877 Whitney Ave, Memphis, TN 38127

  This is a bulk package of 3 parcels to be sold together only. 883 Whitney Parcel ID# 069024 00002 and 877 Whitney Parcel ID# 069024 0000, and 2955 Northgate St Parcel ID# 069021 00006

  Michelle Shelton The Peyton Co., Inc., REALTORS

  877 Whitney Ave, Memphis, TN 38127
• 

  

  /17

  $110,000

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

  1898 E Mclemore Ave, Memphis, TN 38114

  Lovely 3 bedroom 2 bathroom home that also has a fourth room (that could be a bonus room or fourth bedroom). Nice home that has central heat and air. Very rare to find this many bedrooms and bathrooms being offered at such a great price. Home needs minor repairs but overall in nice shape, could qualify for a loan. ONLINE VIDEO AVAILABLE UPON REQUEST. Very convenient location with large front

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1898 E Mclemore Ave, Memphis, TN 38114
• 

  

  /13

  $130,000

  • 3 Beds
  • 1 Bath
  • 1,008 Sq Ft

  2737 Fizer Rd, Memphis, TN 38114

  Beautifully renovated, this charming home offers three bedrooms and one bathroom. The inviting living and dinning areas have been refreshed with modern finishes. Enjoy the convenience of a newly renovated laundry room and a spacious, fenced backyard- ideal for relaxation, play, or entertaining. The home has brand new plumbing and electrical systems, along with updated cabinets and countertops for

  Raven Miller The Home Partners Realty

  2737 Fizer Rd, Memphis, TN 38114
• 

  

  /13

  $124,900

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

  6543 Fern Creek Dr, Memphis, TN 38115

  Great tenant occupied home. Rent is $1,075/mo. Lease until July 2026. Two story great room with fireplace, wood laminate floors, newer roof, water heater & HVAC system, granite. Bed/Bath up, Bed/Bath down, Loft area up. Screened-in patio, fenced-in backyard.

  Brandon Smith Smith Family Real Estate, LLC

  6543 Fern Creek Dr, Memphis, TN 38115
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  /26

  $62,500

  • 1 Bed
  • 1 Bath
  • 600+ Sq Ft

  232 S Highland St Unit 706, Memphis, TN 38111

  Located is a Super Location So Close to Many Many Places ! Shopping, Schools, Universities, Sporting Areas and Parks! It needs some updating, and is priced accordingly. Building Has 24/7 Door Person on Duty, Beautiful Pool, Great Community Rooms, Library, Exercise Room, and Laundry on each Floor...Parking is Not Included in the Maint Fee, On-Site Storage Is Available. Guest Room Available on the

  Bill Malone Crye-Leike, Inc., REALTORS

  232 S Highland St Unit 706, Memphis, TN 38111
• 

  

  /4

  $150,000

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

  3461 Lichterman Rd, Memphis, TN 38115

  Investors only! Tenant occupied property being marketed to investors. Could be a great addition to your rental portfolio. Large home with multiple bedrooms and bathrooms. Please do not disturb or approach the tenant. Professionally managed. Property is currently rented at $1500 and rent is scheduled to increase to $1600 10/1/2025. No sign in the yard. Seller is also selling 4022 Cochese which is

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3461 Lichterman Rd, Memphis, TN 38115
• 

  /2

  $127,116

  • 3 Beds
  • 1.5 Baths
  • 64 Sq Ft

  3279 Hanna Dr, Memphis, TN 38128

  See RealtyBid for property, auction, and access information.

  Brian Brockman Bang Realty

  3279 Hanna Dr, Memphis, TN 38128
• 

  

  /4

  $49,900

  • Land
  • 0.43 Acre
  • $116,047 per Acre

  2798 Stage Center Dr, Memphis, TN 38134

  In the heart of Bartlett! Excellent location just one block off Stage Rd on Stage Center Dr. Ideal location for office building. Priced to sell!

  Jim Norman Keller Williams

  2798 Stage Center Dr, Memphis, TN 38134
• 

  

  /3

  $11,000

  • Land
  • 0.27 Acre
  • $40,741 per Acre

  380 Outer Pkwy, Memphis, TN 38109

  Investors & Builders-Nice Corner lot to build a home. Go by anytime and take a look.

  Angelita Parham KAIZEN Realty, LLC

  380 Outer Pkwy, Memphis, TN 38109
• 

  /2

  $29,900

  • Land
  • 0.11 Acre
  • $271,818 per Acre

  1311 Faxon Ave, Memphis, TN 38104

  Vacant Lot in Speedway Terrace – Prime Investment Opportunity! Surrounded by multiple new construction projects, this lot is in a rapidly growing area just 8 minutes from Downtown Memphis and 2 minutes from the Crosstown Concourse Building with some new build homes selling for $240K+. Please reach out today if interested!

  Joshua Moss KAIZEN Realty, LLC

  1311 Faxon Ave, Memphis, TN 38104

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