1,461

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

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  • /11

    $120,000

    • 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
  • /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

    $62,500

    • 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
  • /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. 21 property package available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied. Many of these homes have had significant rehab done in the

    William Haynes Crye-Leike, Inc., REALTORS

    3270 Abbottsford Ave, Memphis, TN 38128
  • /2

    $10,000

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

    0 E Alston Ave, Memphis, TN 38126

    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 includes the following

    Austin Rowe Onward Real Estate

    0 E Alston Ave, Memphis, TN 38126
  • /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
  • /13

    $124,900

    • 3 Beds
    • 1 Bath
    • 1,081 Sq Ft

    838 Crockett Place, Memphis, TN 38107

    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 wholesaler or assignment of contract offers will be accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    838 Crockett Place, Memphis, TN 38107
  • /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

    $7,000

    • Land
    • 0.11 Acre
    • $63,636 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
  • /7

    $68,500

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft

    3001 Walnut Grove Rd Unit 4, Memphis, TN 38111

    Bright, move-in-ready 2-bedroom, 1-bath upstairs unit in a secure, gated community with a peaceful courtyard setting. Features include a brand-new bathroom, updated kitchen tile, new windows, and beautifully refinished hardwood floors throughout. Enjoy a private outdoor patio and a welcoming community atmosphere with courtyard, fire pit, and gazebo. The monthly HOA of $350 covers water, sewer,

    Susanne Flynn Flynn Realty

    3001 Walnut Grove Rd Unit 4, Memphis, TN 38111
  • /31

    $99,900

    • 3 Beds
    • 1 Bath
    • 1,031 Sq Ft

    4089 Meadow Dr, Memphis, TN 38111

    Charming single-family home featuring 3 bedrooms and 1 bathroom with a functional layout. Enjoy a spacious backyard perfect for outdoor activities, entertaining, or future expansion. Great opportunity.

    Alexis Martz Trelora Realty

    4089 Meadow Dr, Memphis, TN 38111
  • /9

    $24,900

    • 2 Beds
    • 1 Bath
    • 768 Sq Ft

    427 W Brooks Rd, Memphis, TN 38109

    Great opportunity for investors or buyers looking to add value. This 2 bed/1 bath home offers solid potential for renovation and future upside. Property is being sold as is. Proof of funds required with all offers.

    Courtney Read Vylla Home

    427 W Brooks Rd, Memphis, TN 38109
  • /10

    $149,000

    • 4 Beds
    • 1 Bath
    • 1,066 Sq Ft

    1366 Austin St, Memphis, TN 38108

    Updated 4-bedroom, 1-bath home recently vacated. Previously rented with a Section 8 tenant, this property presents a great opportunity for investors looking to place a new tenant and generate rental income. The home offers a functional layout with four bedrooms, providing plenty of space and flexibility. Recent updates add value and make it easier to prepare for the next occupant. Whether you're

    Angelita Parham KAIZEN Realty, LLC

    1366 Austin St, Memphis, TN 38108
  • /2

    $90,000

    • 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
  • /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
  • /30

    $117,500

    • 3 Beds
    • 2 Baths
    • 996 Sq Ft

    3084 Pershing Ave, Memphis, TN 38112

    Beautifully renovated 3 bed, 2 full bath turn-key home featuring a spacious laundry room and large driveway with ample parking. Extra-large backyard perfect for entertaining or pets. Prime central location just minutes to the University of Memphis, Memphis Zoo, and Memphis International Airport. Completely renovated in 2021 and freshly updated again in 2026 for peace of mind. Ideal primary

    Daniel Demers Sell Your Home Services, LLC

    3084 Pershing Ave, Memphis, TN 38112
  • /15

    $105,000

    • 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
  • /12

    $130,000

    • 3 Beds
    • 2 Baths
    • 1,292 Sq Ft

    3471 Gowan Dr, Memphis, TN 38127

    Welcome to 3471 Gowan Drive, Memphis, TN 38127! This charming 3-bedroom, 2-bath home combines comfort and style. Enjoy a bright, open living area with hard-surface flooring, a modern kitchen with large shaker-style cabinets and space for appliances, and a spacious fenced backyard perfect for entertaining. Additional features include a 2-car garage and central heat and air for year-round comfort.

    James Wachob Foundation Property Management

    3471 Gowan Dr, Memphis, TN 38127
  • /2

    $9,000

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

    0 S Lauderdale St Unit S PT 7, Memphis, TN 38103

    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 includes the following

    Austin Rowe Onward Real Estate

    0 S Lauderdale St Unit S PT 7, Memphis, TN 38103
  • /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
  • /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
  • /2

    $10,000

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

    1102 S Orleans St Unit S PT 7, Memphis, TN 38126

    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 includes the following

    Austin Rowe Onward Real Estate

    1102 S Orleans St Unit S PT 7, Memphis, TN 38126
  • /32

    $104,900

    • 3 Beds
    • 1.5 Baths
    • 1,220 Sq Ft

    5320 Plover Dr, Memphis, TN 38127

    Welcome to 5320 Plover Dr in Memphis! This charming one-story brick single-family home offers wonderful curb appeal and a 1-car carport, all set on a beautiful lot with a wood privacy-fenced backyard. The yard provides plenty of space for gardening, entertaining, or even adding a swing set, and the front is ready for your favorite landscaping to enhance the home’s charm even more. Inside, the

    Tiffany Jones Trelora Realty

    5320 Plover Dr, Memphis, TN 38127
  • /31

    $129,900

    • 3 Beds
    • 2 Baths
    • 1,294 Sq Ft

    4480 Kerwin Dr, Memphis, TN 38128

    Welcome Home! This home features a 3 bed, 2 bath split floor plan with an attached two car garage. Upon entering you are welcomed to the living area with a vaulted ceiling and a fireplace (boarded up). The kitchen features cut outs to the living room that allows for a spacious feel. Kitchen features refrigerator, dishwasher, a stove / oven combination. Primary bedroom features attached bath.

    Tiffany Jones Trelora Realty

    4480 Kerwin Dr, Memphis, TN 38128
  • /2

    $9,000

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

    707 S Lauderdale St, Memphis, TN 38126

    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 includes the following

    Austin Rowe Onward Real Estate

    707 S Lauderdale St, Memphis, TN 38126
  • /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
  • /4

    $9,900

    • Land
    • 0.1 Acre
    • $99,000 per Acre

    0 Gill Ave, Memphis, TN 38106

    Perfect for Investors looking to build a rental property! This lot is located minutes from expressway, Stax Museum, LeMoyne Owen College, Graceland , Midtown and Downtown! This lot is also walking distance to Hamilton High School and Hamilton K-8 school! Call today for more info!

    Verna Littleton Fast Track Realty, LLC

    0 Gill Ave, Memphis, TN 38106
  • /24

    $133,500

    • 2 Beds
    • 1 Bath
    • 1,266 Sq Ft

    1014 Maury St, Memphis, TN 38107

    Fully furnished and ready for you to settle into a perfect blend of Historic charm with 21st-century updates. This 1014 Maury St. 2 Bedroom 1 bath home in the Vollentine/Evergreen Historic District features a Great price and an unbeatable package of updates. Enjoy the warmth of original hardwood floors that flow into a bright, renovated kitchen with ceramic tile. With an HVAC system only about a

    Donnie Morrow eXp Realty, LLC

    1014 Maury St, Memphis, TN 38107
  • /2

    $120,000

    • 3 Beds
    • 2 Baths
    • 1,102 Sq Ft

    1674 Sailors St, Memphis, TN 38108

    INVESTORS: LOOK NO FURTHER! Long term tenant. This is part of an eight home package (1641 Graham; 1658, 1662 and 1674 Sailors; 3822, 3679, 3685, 3671 Victory Heights). Units may be sold individually. Unit is occupied at $1,200.00 per month. Priced to SELL!!!!!

    Frank Colvett REMAX Experts

    1674 Sailors St, Memphis, TN 38108
  • /9

    $80,000

    • 2 Beds
    • 1.5 Baths
    • 1,054 Sq Ft

    675 Miles Dr, Memphis, TN 38111

    Great Investment Opportunity! Gated Community! 2 Bedroom Townhouse. Common Laundry Room. Two Blocks from the University of Memphis. 1 Block from The Highland Strip with Food, Bars and Shopping. Cosmetic work needed, but a Steal at this price. Sold "as is". Other properties available. Could be sold as a package deal.

    Danny Lipsey Keller Williams

    675 Miles Dr, Memphis, TN 38111
  • /30

    $89,900

    • 3 Beds
    • 1 Bath
    • 988 Sq Ft

    4212 Falcon Dr, Memphis, TN 38109

    Welcome home! This well-maintained 3-bedroom, 1-bath single-family home offers comfortable living and a generously sized backyard—perfect for outdoor gatherings, pets, or simply relaxing. Schedule a showing today.

    Alexis Martz Trelora Realty

    4212 Falcon Dr, Memphis, TN 38109
  • /2

    $12,000

    • Land
    • 0.13 Acre
    • $92,308 per Acre

    1204 Nora Rd, Memphis, TN 38109

    Excellent building opportunity; lot in prime location. Public utilities are available at the site. Ideal for builders and ready for new project to begin.

    Jonathan Minerick homecoin.com

    1204 Nora Rd, Memphis, TN 38109
  • /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
  • /2

    $75,000

    • 4 Beds
    • 2 Baths
    • 1,597 Sq Ft

    1345 Gold Ave, Memphis, TN 38106

    Outstanding opportunity for investors seeking a property that is already cash flowing with a tenant in place. Currently leased at $1,100 per month, this home provides immediate income and stability from day one. The property is, making it well positioned for consistent returns. With professional management available if needed, this is a true turnkey investment that allows for a smooth and

    Terrance Hill eXp Realty, LLC

    1345 Gold Ave, Memphis, TN 38106
  • /24

    $79,900

    • 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
  • /2

    $120,000

    • 3 Beds
    • 1 Bath
    • 1,026 Sq Ft

    3822 E Victory Heights Ln, Memphis, TN 38118

    INVESTORS: LOOK NO FURTHER! Long term tenant. This is part of an eight home package (1641 Graham; 1658, 1662 and 1674 Sailors; 3822, 3679, 3685, 3671 Victory Heights). Units may be sold individually. Unit is occupied at $950.00 per month. Priced to SELL!!!!!

    Frank Colvett REMAX Experts

    3822 E Victory Heights Ln, Memphis, TN 38118
  • /17

    $139,900

    • 3 Beds
    • 2 Baths
    • 1,419 Sq Ft

    1563 Railton Rd, Memphis, TN 38111

    Wonderful & Charming 3BR/2BA Home. Huge Primary Bedroom & Ample Natural Light Throughout. Spacious Kitchen w/Lots of Cabinet Space, Granite Counters & Beautiful Tiled Floors Throughout. Move-In Ready w/Thoughtful Updates Throughout. Renovated bathrooms. Inviting Large Living Room w/Abundant Light & Spacious Dining Room Perfect for Entertaining. Ideally Located Just Minutes from The University of

    Frank Newson BEST Real Estate Company

    1563 Railton Rd, Memphis, TN 38111

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