Memphis, TN Homes under $154,000

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  /7

  $97,000

  • 2 Beds
  • 1 Bath
  • 600+ Sq Ft

  1860 Hearst Ave, Memphis, TN 38114

  Investment property available and could be a great addition to your portfolio. Tenant occupied. Very nice & clean 2 bedroom / 1 bath home is a perfect investment opportunity! Newly renovated 2021 and currently leased until Sept. 2025..... including new roof, AC, furnace, A-coil, & water heater.

  Bruce Milner eXp Realty, LLC

  1860 Hearst Ave, Memphis, TN 38114
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  /11

  $135,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3411 Rockwood Ave, Memphis, TN 38122

  This charming recently renovated home is now available for sale and is currently tenant-occupied, generating $1,200/month in rental income. The home features an updated bathroom, an electric stove, electric water heater, and a gas furnace—combining comfort with efficiency. The roof is only 4 years old, offering peace of mind for years to come. Whether you’re looking to grow your rental portfolio

  Kendrick Garcia Fast Track Realty, LLC

  3411 Rockwood Ave, Memphis, TN 38122
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  /27

  $146,000

  • 2 Beds
  • 1.5 Baths
  • 800+ Sq Ft

  5904 Roxbury Dr Unit 5904, Memphis, TN 38119

  Welcome to Chatham Village, nestled in the heart of East Memphis! This charming, gated community offers convenience and comfort—just minutes from top shopping, dining, and entertainment options. This move-in ready condo features vinyl hardwood flooring throughout, brand-new carpet on the stairs, fresh paint, and a private fenced-in stone patio—perfect for outdoor relaxation. The previous owner

  Grant Colton Real Estate Agency

  5904 Roxbury Dr Unit 5904, Memphis, TN 38119
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  /11

  $99,900

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

  430 Craft Rd, Memphis, TN 38109

  Charming one-level ranch in a quiet, secluded neighborhood—just minutes from city amenities! Priced under $100K, this move-in ready 3BR/2BA home offers central heat and air, hardwood floors throughout, and an updated master bath with whirlpool tub and separate shower. Enjoy ultimate privacy with a large fenced backyard, wood deck, and mature trees. All bedrooms are on the main level, and the home

  Zakiyyah Langford MLE Realty, LLC

  430 Craft Rd, Memphis, TN 38109
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  /18

  $110,000

  • 3 Beds
  • 2 Baths
  • 800+ Sq Ft

  1630 Pillow St, Memphis, TN 38106

  Don't miss out on this beautifully renovated 3-bedroom, 2-bathroom home in the heart of South Memphis! Featuring modern upgrades throughout, spacious living areas, and a stylish kitchen, this home offers both comfort and convenience. Priced to sell--schedule your showing today before it's gone!

  Randell Richmond eXp Realty, LLC

  1630 Pillow St, Memphis, TN 38106
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  /14

  $75,000

  • 1 Bed
  • 1 Bath
  • 600+ Sq Ft

  1960 N Parkway Unit 105, Memphis, TN 38112

  Awesome 1 bedroom 1 bath condo on the main lobby on the 1st floor. New carpet throughout home. Monthly fee covers utilities (including HVAC and hot water), gated community, pest control, extra storage in basement. and laundry room one story below. Enjoy onsite amenities: penthouse party room w/ beautiful views, pool, 24hr security, controlled access. Located near lots of great restaurants,

  Kerry Satterfield Faith Management & Realty Grou

  1960 N Parkway Unit 105, Memphis, TN 38112
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  /19

  $145,000

  • 5 Beds
  • 2 Baths
  • 1,887 Sq Ft

  432 N Montgomery St, Memphis, TN 38104

  Cash Only – No Wholesalers or Creative Financing Property is boarded and secured with star-bit screws – access must be scheduled through Broker Bay. ARV estimated at $245K+ depending on scope of rehab. One Side 2/1 other 3/1. Average Rents are $1275 for 3/1 $1110 for 2/1 Great opportunity for investors looking for their next flip or rental!

  Crystal Mitchell Renshaw Company, REALTORS

  432 N Montgomery St, Memphis, TN 38104
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  /16

  $84,999

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  1688 Pendleton St, Memphis, TN 38114

  Wonderful 2 bedroom one bathroom home that has several recent upgrades and wonderful features including: exposed brick wall, updated kitchen, downstairs basement, painted wood exterior, large side porch, big backyard, etc. This home has a huge upstairs that could be a bonus room or extra storage area. ONLINE VIDEO AVAILABLE. Utilities are currently on and immediate possession is available.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1688 Pendleton St, Memphis, TN 38114
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  /6

  $25,000

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

  1557 Preston St, Memphis, TN 38106

  Investor Special! Large home that is being offered at a great price. Property needs repairs but could be worth a lot of money once fixed up. Home has a nice floor plan, hardwood floors, fireplace, and huge kitchen. ONLINE VIDEO AVAILABLE UPON REQUEST. Please go view the house and then make your offer with no inspection or financing contingencies. Seller is not interested in owner financing,

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1557 Preston St, Memphis, TN 38106
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  /9

  $61,500

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  337 W Waldorf Ave, Memphis, TN 38109

  SELLING AS-IS.

  Carlotta White 4 Success Realty, LLC

  337 W Waldorf Ave, Memphis, TN 38109
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  /32

  $150,000

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

  3362 Carrington Rd, Memphis, TN 38111

  Excellent investment property located just minutes from the University of Memphis. This 1,911 sq ft home features 4 bedrooms and 3 full bathrooms, offering strong rental appeal for student housing or long-term tenants. The layout is spacious and functional, with updated kitchen and baths, generous living areas, and ample natural light. Off-street parking and a low-maintenance yard add to the

  Rochelle Bouchard Keller Williams

  3362 Carrington Rd, Memphis, TN 38111
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  /9

  $117,250

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

  3430 Dobbin Ferry Ave, Memphis, TN 38118

  Welcome to 3430 Dobbin Ferry Ave, this home is located on a quiet street in Parkway Village and features 3 beds, 1bath, and offers approximately 1,005 square feet of living space! Could be perfect for a first time homeowner or a great additional to your rental portfolio. TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Currently leased at $1095/month

  James Wachob Foundation Property Management

  3430 Dobbin Ferry Ave, Memphis, TN 38118
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  /11

  $117,400

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

  1553 Paullus Ave, Memphis, TN 38127

  Welcome to 1553 Paullus Ave, a cute 3-bedroom, 1.5-bath brick home perfect for a first time homeowner or a great additional to your rental portfolio. Don't miss this one!! TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Currently leased at $925/month.

  James Wachob Foundation Property Management

  1553 Paullus Ave, Memphis, TN 38127
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  /19

  $69,900

  • 4 Beds
  • 2 Baths
  • 2,200+ Sq Ft

  1546 Marjorie St, Memphis, TN 38106

  Spacious Income-Producing Property in South Memphis! Investor's dream! This 4-bedroom, 2-bath home offers over 2,000 sq. ft. of living space with a formal living room and dining room—ideal for comfortable living and entertaining. Currently tenant-occupied with a solid lease in place through May 2026 at $1,050/month, this property is a great addition to any rental portfolio. Conveniently located

  Cassandra Bell-Warren 4 Success Realty, LLC

  1546 Marjorie St, Memphis, TN 38106
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  /18

  $139,900

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

  760 Whitney Ave, Memphis, TN 38127

  Look no further!!! This beautiful remodel is waiting on a family to come and call it home! This home features 3 bedrooms, 2 full baths, eat in kitchen, breakfast bar, and separate laundry room! This home has new floors, new bathrooms, renovated kitchen, and a modern finish! This home is one minute from I-40, 5 minutes from the new Frayser library and park! Seller will assist with buyers closing

  Joye Martin Miller Martin Realty

  760 Whitney Ave, Memphis, TN 38127
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  /2

  $125,000

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

  4093 Navaho Ave, Memphis, TN 38118

  Great investment opportunity. Currently rented for $850/month. Roof is roughly 12 years old and in good shape. All major systems and the roof are newer and in good condition. Tenant has excellent payment history. Freshly painted in 2024. Seller has also listed 3790 Mallory. We can schedule showings.

  Adam Underwood Crye-Leike, Inc., REALTORS

  4093 Navaho Ave, Memphis, TN 38118
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  /7

  $99,000

  • 2 Beds
  • 1 Bath
  • 600+ Sq Ft

  3790 E Mallory Ave, Memphis, TN 38111

  Great investment opportunity. Currently rented for $850/month. Roof is roughly 12 years old and in good shape. All major systems and the roof are newer and in good condition. Tenant has excellent payment history. Freshly painted in 2024. We can schedule showings.

  Adam Underwood Crye-Leike, Inc., REALTORS

  3790 E Mallory Ave, Memphis, TN 38111
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  /4

  $145,000

  • 5 Beds
  • 2 Baths
  • 1,800+ Sq Ft

  1522 Frayser Blvd, Memphis, TN 38127

  Terrific investment opportunity! Tenant occupied, currently rented for $1395/mo. Professionally managed. Home has been well maintained with some recent repairs and a good looking roof. Five bedroom, two bathroom brick property with central heat and air. DO NOT APPROACH OR DISTURB TENANTS. NO INTERIOR ACCESS WITHOUT AN ACCEPTED OFFER.

  William Haynes Crye-Leike, Inc., REALTORS

  1522 Frayser Blvd, Memphis, TN 38127
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  /5

  $28,599

  • 2 Beds
  • 1 Bath
  • 700 Sq Ft

  834 Crockett St, Memphis, TN 38107

  This is a 2 bedroom 1 bathroom home with gas cooking being priced to sell. One of the most affordable houses in the area. Lot of house for the money. Could be a great primary residence or investment property. Cash offers only, please do inspections upfront. Property being sold as-is. Seller won't make repairs or remove any of the debris or furnishings. Once rehabbed this home could be worth a

  Tyler Tapley Crye-Leike, Inc., REALTORS

  834 Crockett St, Memphis, TN 38107
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  /2

  $45,000

  • 2 Beds
  • 2 Baths
  • 800+ Sq Ft

  1501 Hamilton St, Memphis, TN 38114

  great property will need some works, most of the remodel is complete must call owner agent

  Izaac Merriweather Gold Star Real Estate

  1501 Hamilton St, Memphis, TN 38114
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  /15

  $90,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  1946 Quinn Ave, Memphis, TN 38114

  Cash flowing investment opportunity! Low maintenance brick exterior. Current lease is through 1/31/2026. Tenant paying $950/mo. No showings without accepted offer.

  Caleb Parr Renshaw Company, REALTORS

  1946 Quinn Ave, Memphis, TN 38114
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  /4

  $14,000

  • Land
  • 0.64 Acre
  • $21,875 per Acre

  0 Ridgemont Dr, Memphis, TN 38128

  Build your dream home on this wooded lot on a hill on .64 Acres, backing up to more wooded land in the Raleigh area of Memphis. Address Next door to the property is 3845 Ridgemont. This property doesn't have an address. 2 sets of light gas and water utilities have already been added to property for 2 new homes. Call today for a private showing. No Sign. There is a light pole and fire hydrant in

  Venus Miller eXp Realty, LLC

  0 Ridgemont Dr, Memphis, TN 38128
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  /18

  $79,500

  • 1 Bed
  • 1 Bath
  • 600+ Sq Ft

  6787 Quail Hollow Ct Unit 4, Memphis, TN 38120

  Welcome to Whispering Oaks! This 1-bedroom, 1-bath condo located in East Memphis offers a spacious living area, large bedroom and natural light throughout. Whether you're a first-time buyer, investor, or downsizer, this is a great opportunity to customize and renovate to your own style. Don't miss this opportunity to build equity in a prime location. Earnest money payable to and held by Shelley

  Elizabeth Glosson Fast Track Realty, LLC

  6787 Quail Hollow Ct Unit 4, Memphis, TN 38120
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  /10

  $122,500

  • 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 in air. It is conveniently located in East

  William Haynes Crye-Leike, Inc., REALTORS

  3035 Phyllis Ln, Memphis, TN 38118
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  /11

  $115,000

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

  990 N Avalon St, Memphis, TN 38107

  Tenant occupied. Do not approach or disturb tenant. No showings until offer has been accepted. Part of portfolio - see attached docs for full list. Current rent: $1135.

  Michael Bryan Bryan Realty Group

  990 N Avalon St, Memphis, TN 38107
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  /2

  $10,000

  • Land
  • 0.69 Acre
  • $14,493 per Acre

  754 Flynn Rd, Memphis, TN 38109

  A Well-manicured lot pruned to perfection for the right buyer. Show and sell.

  Tynja Green Fast Track Realty, LLC

  754 Flynn Rd, Memphis, TN 38109
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  /10

  $125,000

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

  1499 Hamilton St, Memphis, TN 38114

  great property for first time buyer ready to go

  Izaac Merriweather Gold Star Real Estate

  1499 Hamilton St, Memphis, TN 38114
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  /2

  $20,000

  • Land
  • 0.66 Acre
  • $30,303 per Acre

  0 Rozelle St Unit 10199706, Memphis, TN 38106

  This 0.7 acre lot is an excellent opportunity for anyone looking to build a home in a peaceful residential area. The lot is located in a neighborhood thatis zoned for residential use, ensuring that the privacy and serenity of the area is maintained. The plot is flat and mostly cleared, making it easy to beginbuilding.Whether you're looking to upgrade your lifestyle or invest in a valuable piece

  Lyndon Baskin Harris & Harris Realty Group

  0 Rozelle St Unit 10199706, Memphis, TN 38106
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  /10

  $144,900

  • 4 Beds
  • 2 Baths
  • 1,400+ Sq Ft

  3816 Cedar Path Dr, Memphis, TN 38115

  What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be

  Dean Harris CrestCore Realty MphsBrokerage

  3816 Cedar Path Dr, Memphis, TN 38115
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  /10

  $79,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  2158 Pueblo Ave, Memphis, TN 38127

  What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be

  Dean Harris CrestCore Realty MphsBrokerage

  2158 Pueblo Ave, Memphis, TN 38127
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  /2

  $30,000

  • Land
  • 0.91 Acre
  • $32,967 per Acre

  3580 Winston Dr, Memphis, TN 38127

  Just Under an Acre – Ready to Build! This beautifully shaded lot offers just under an acre of space, with utilities conveniently available at the street. It's the perfect spot to build your dream home! Enjoy a peaceful setting with quick access to Hwy 51, making commuting easy. Plus, you're just minutes from shopping, dining, and everyday conveniences. Don’t miss this great opportunity to own a

  Tina Andrade Fast Track Realty, LLC

  3580 Winston Dr, Memphis, TN 38127
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  /8

  $65,000

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

  1043 Pearce St, Memphis, TN 38107

  Charming 2 BR Brick home. Hardwood floors, Front Porch and fenced yard. Would be perfect owner occupant first home OR a great cash flowing rental.

  Deborah Posada Envision Realty, LLC

  1043 Pearce St, Memphis, TN 38107
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  /26

  $145,000

  • 2 Beds
  • 1 Bath
  • 1,660 Sq Ft

  3172 Yale Ave, Memphis, TN 38112

  Investors only! Fully rented brick duplex that is 100% occupied. Roof is less than 5 years old. Property is professionally managed (lease, ledger, repair history available upon request). Addresses are 3172/ 3174 Yale and each unit is 2 bedrooms & 1 bathroom. Seller just completed $10K worth of rent ready repairs at 3174 Yale. Tenant occupied brick duplex. 3172 is rented for $650 per month and

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3172 Yale Ave, Memphis, TN 38112
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  /6

  $105,000

  • 1 Bed
  • 1 Bath
  • 919 Sq Ft

  2606 Deadrick Ave, Memphis, TN 38114

  Investors only! Tenant occupied brick duplex that is 100% rented and being marketed to investors. Both sides are currently rented for $550/mo and $550/mo. ($1100 total rent). Each unit is 1 bedroom 1 bathroom and brick exterior. Many properties in this area are being rehabbed and sold for more money. Professionally managed (lease, ledger, repair history available upon request). Could possibly

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2606 Deadrick Ave, Memphis, TN 38114
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  /16

  $58,750

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  1827 S Orleans St, Memphis, TN 38106

  Lovely 2 bedroom 1 bathroom home with hardwood floors. This home could be converted to a 3 bedroom easily. Utilities are on! ONLINE VIDEO AVAILABLE UPON REQUEST. Nice location and floor plan. Could be a great long term rental or a wonderful primary residence. Home needs minor repairs but could be rehabbed pretty quickly. Several homes in this area are being rehabbed and sold for more money.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1827 S Orleans St, Memphis, TN 38106
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  /17

  $70,000

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

  3536 Kendrick Rd, Memphis, TN 38108

  This charming home has been meticulously gutted and rebuilt to the studs, offering a blank canvas for your customization dreams. This property beckons those with a vision for transformation.

  Cristian Amparan The Home Partners Realty

  3536 Kendrick Rd, Memphis, TN 38108
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  /22

  $112,000

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

  1662 Monsarrat St, Memphis, TN 38109

  INVESTORS ONLY! Tenant occupied property being marketed to investors. This home could be a wonderful addition to your portfolio. Home was substantially renovated in 2022 with a new HVAC system and several other upgrades in Spring 2025.. This property is professionally managed (lease, ledger, repair history available upon request). This property is leased until 4/11/26. Very good price for a 3

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1662 Monsarrat St, Memphis, TN 38109
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  /8

  $100,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  1493 Ragan St, Memphis, TN 38106

  This is a beautiful brick starter home for your family. Home features 2 bedrooms, living room dining room combo, updated bath, updated kitchen, large back yard, nice enclosed front porch, fenced back yard and single carport with storage space Home is sold "AS IS" Call Broker Bay for appointment

  Greta Jones KAIZEN Realty, LLC

  1493 Ragan St, Memphis, TN 38106
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  /11

  $120,000

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

  1557 Ontario Ave, Memphis, TN 38127

  Check out this excellent cashflow opportunity in Frayser! Total reno completed in 2019 including detached garage roof, HVAC and updated circuit breaker. Hardwood throughout. Tenant in place at $900/month and would like to stay. Property in good condition! PLEASE DO NOT DISTURB OR APPROACH! NO SHOWINGS PRIOR TO ACCEPTED OFFER! Selling as-is! EMD/Seller to close with Bradsher Alpert Stuart, PLLC.

  Ellecia Hayes Keller Williams

  1557 Ontario Ave, Memphis, TN 38127
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  /16

  $126,900

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

  1601 Semmes St, Memphis, TN 38114

  Fully renovated 2-bedroom, 1-bath home featuring a brand-new roof, HVAC system, and hot water tank. The kitchen has been completely updated with modern finishes, and the bathroom is fully renovated with fresh, clean design. Beautiful hardwood floors run throughout the entire home, adding warmth and character. Freshly painted inside and out, this home is move-in ready and offers a clean, modern

  Fred Sengstacke KAIZEN Realty, LLC

  1601 Semmes St, Memphis, TN 38114

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