1,521

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

Section Image
  • /5

    $109,900

    • 4 Beds
    • 2 Baths
    • 1,350 Sq Ft

    181 Hayden Place, Memphis, TN 38111

    This duplex is located in a community of duplexes. The home is easy to view and won't last long. 2-bedroom 1 bath on each side. Large lot with plenty of opportunity for cash flow. Please view before submitting offer. Please contact listing agent to view.

    Micah Layman Ware Jones, REALTORS

    181 Hayden Place, Memphis, TN 38111
  • /2

    $82,500

    • 2 Beds
    • 1 Bath
    • 893 Sq Ft

    3706 Townes Ave, Memphis, TN 38122

    DRIVE BY ONLY DO NOT DISTURB TENANTS. Currently rented for $880 per month to a good paying tenant. Once you have driven by make your offerand after acceptance we will get you inside to inspect. Excellent income producing property or family home.

    Jimmie Tapley Crye-Leike, Inc., REALTORS

    3706 Townes Ave, Memphis, TN 38122
  • /39

    $130,000

    • 3 Beds
    • 1 Bath
    • 1,402 Sq Ft

    3083 Cherry Rd, Memphis, TN 38118

    per seller roof about 3 years old, water heater is about 2 years old, 3 bedrooms + an extra room could be a 4th room, now is 1 bath (seller said used to have the half restroom.)

    Ngoc Quach Germantown Properties

    3083 Cherry Rd, Memphis, TN 38118
  • /4

    $75,000

    • Land
    • 40,075 Sq Ft
    • $81,522 per Acre

    Mt. Moriah Road Extension, Memphis, TN 38115

    .92 +/- Acre Commercial Site Proximity to Highway 385 and Interstate 240 Prime Visibility on Busy Mt Moriah Commercial Corridor Between Family Dollar and Studio 6 Hotel Strong Traffic Counts and Daytime Population in the Area Ideal for Retail, Service, or Small Commercial User Utilities and Infrastructure Available Along Mt Moriah Rd Excellent Signage and Branding Opportunity on Main Corridor

    Edward Durnil Tranzon Asset Advisors

    Mt. Moriah Road Extension, Memphis, TN 38115
  • /2

    $85,000

    • 2 Beds
    • 1 Bath
    • 769 Sq Ft

    1652 Victor St, Memphis, TN 38106

    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

    1652 Victor St, Memphis, TN 38106
  • /10

    $139,000

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

    1366 Austin St, Memphis, TN 38108

    Huge Price Improvement! Attention Investors: Beat the 1% rule! 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

    Angelita Parham KAIZEN Realty, LLC

    1366 Austin St, Memphis, TN 38108
  • /15

    $85,000

    • 2 Beds
    • 1 Bath
    • 890 Sq Ft

    108 N Belvedere Blvd Unit 12, Memphis, TN 38104

    Move in ready! Can be sold furnished! This FULLY RENOVATED condo was previously a short term rental (STR) generating approx. $1500 per month and is now ready for new tenants or an owner-occupant! ALL appliances stay! Refrigerator included ~ Gas cooking ~ combo washer/dryer ~ dishwasher. Monthly maintenance is $162 and includes some utilities. *Attention Investors* This unit can be sold as a

    Lauren Waites Real Estate Agency

    108 N Belvedere Blvd Unit 12, Memphis, TN 38104
  • /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
  • /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
  • /7

    $89,000

    • 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
  • /21

    $134,900

    • 4 Beds
    • 2 Baths
    • 2,909 Sq Ft

    1287 S Parkway E, Memphis, TN 38106

    Welcome to 1287 S Parkway in Memphis, TN 38106—a spacious 4-bedroom home in South Memphis offering 2,900 plus square feet of living space. This large Memphis home is perfect for buyers seeking affordable housing in Memphis, multi-generational living, or a strong investment property opportunity. Featuring a flexible layout with generously sized rooms, this property is ideal for a large family

    Eric Crutcher Doorstep Realty

    1287 S Parkway E, Memphis, TN 38106
  • /12

    $87,900

    • 2 Beds
    • 1 Bath
    • 1,182 Sq Ft

    3372 Buchanan Ave, Memphis, TN 38122

    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

    3372 Buchanan Ave, Memphis, TN 38122
  • /12

    $125,000

    • 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
  • /29

    $99,000

    • 3 Beds
    • 2 Baths
    • 1,945 Sq Ft

    1763 Edward Ave, Memphis, TN 38107

    Investor opportunity! Priced for a quick sale, this 3-bedroom, 2-bath home is being sold as-is. Features 2 private driveways and is located near Snowden School/Vollentine Elementary, Grandview Heights Middle, and Manassas High School. The surrounding area is seeing exciting renovations and growth—don’t miss your chance to invest.

    Raven Henderson KAIZEN Realty, LLC

    1763 Edward Ave, Memphis, TN 38107
  • /7

    $140,000

    • Land
    • 7.1 Acres
    • $19,718 per Acre

    0 S Third Unit 8, Memphis, TN 38109

    Located along iconic S Third St/US-61, also known as historic Blues Highway, this 7.1-acre tract presents a rare opportunity to secure a highly visible, well-positioned piece of land in one of Memphis’s most recognizable corridors. With approximately 353 feet of frontage along S Third St and about 1,137 feet of frontage on Westview Rd, the property offers outstanding access, strong street

    Elijah King Coldwell Banker Commercial Kinard Realty

    0 S Third Unit 8, Memphis, TN 38109
  • /2

    $9,000

    • Land
    • 3,484 Sq Ft
    • $112,500 per Acre

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

    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 S Lauderdale St Unit S PT 7, Memphis, TN 38103
  • /4

    $10,000

    • Land
    • 11,761 Sq Ft
    • $37,037 per Acre

    380 Outer Pkwy, Memphis, TN 38109

    Great corner lot opportunity for investors, builders, or future homeowners. Zoned for single-family residential. Drive by anytime to view.

    Larry Jackson KAIZEN Realty, LLC

    380 Outer Pkwy, Memphis, TN 38109
  • /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
    • 29,185 Sq Ft
    • $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
    • 6,969 Sq Ft
    • $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

    $9,000

    • Land
    • 3,484 Sq Ft
    • $112,500 per Acre

    1102 S Orleans St Unit S PT 7, 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

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

    $94,900

    • 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

    Christopher Stjernholm Trelora Realty

    5320 Plover Dr, Memphis, TN 38127
  • /17

    $120,000

    • 3 Beds
    • 1.5 Baths
    • 1,357 Sq Ft

    4090 Longhollow Dr, Memphis, TN 38128

    THIS GEM NESTLED IN TWIN LAKES SUBDIVISION IS A GREAT OPPORTUNITY FOR A INVESTOR LOOKING FOR THEIR NEXT FLIP OR A OWNER OCCUPANT SEEKING A DIAMOND TO POLLISH AND CALL IT HOME. AS IS SALE. THIS PROPERTY WILL NOT GO FHA. NO WHOLESALERS, NO CREATIVE FINANCNG, NO BLIND OFFERS, AND NO ASSIGNMENTS. SELLER IS CLOSING WITH HOME SURETY AND THEY WILL HOLD EARNEST MONEY. USE DISCLOSURES INCLUDED. EMAIL

    Fredrick Cunningham Keller Williams

    4090 Longhollow Dr, Memphis, TN 38128
  • /2

    $9,000

    • Land
    • 3,484 Sq Ft
    • $112,500 per Acre

    707 S Lauderdale St, 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

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

    $9,900

    • Land
    • 4,356 Sq Ft
    • $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
  • /2

    $90,000

    • 2 Beds
    • 1 Bath
    • 1,197 Sq Ft

    1584 Carpenter St, Memphis, TN 38108

    Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1 baths. Currently renting for $1,450 per month. so as not to disturb tenants inspection scheduled after an accepted offer.

    Harry Samuels Pinnacle Realty

    1584 Carpenter St, Memphis, TN 38108
  • /2

    $75,000

    • 2 Beds
    • 1.5 Baths
    • 1,160 Sq Ft

    2481 Kimball Ave, Memphis, TN 38114

    Investment opportunity. Seller is liquidating her portfolio. Tenant occupied. Please do not disturb tenants. All appts will be made thru the agent. 2 bdrm & 1 Bthrm home with lots of potential. Long term Tenant has been paying $600. a month. She's also selling 2768 Burns Ave. & 2764 Burns Ave. She will possible offer a package deal. Please call me for more details.

    Francyetta Seward C21 Patterson & Assoc. Real Es

    2481 Kimball Ave, Memphis, TN 38114
  • /35

    $94,900

    • 3 Beds
    • 1 Bath
    • 1,033 Sq Ft

    4736 Applestone St, Memphis, TN 38109

    Built in 1971, this 936 sqft residence offers a functional 3-bedroom, 1-bathroom layout in the White Haven/Fairley area. The exterior features a classic pillared covered porch entryway and a convenient attached carport. Inside, you will find original hardwood flooring throughout the main living areas and bedrooms, with durable tile in the kitchen. The floor plan includes an integrated kitchen and

    Christopher Stjernholm Trelora Realty

    4736 Applestone St, Memphis, TN 38109
  • /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

    $74,900

    • 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

    $9,900

    • Land
    • 6,098 Sq Ft
    • $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

    $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
  • /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
  • /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
  • /2

    $35,000

    • Land
    • 29,620 Sq Ft
    • $51,471 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
  • /17

    $125,000

    • 3 Beds
    • 1.5 Baths
    • 1,689 Sq Ft

    3642 Gillie St, Memphis, TN 38127

    Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $1100 per month and is on a lease from 1/02/2026 until 7/1/2027. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

    Alex Evans Reedy & Company, REALTORS

    3642 Gillie St, Memphis, TN 38127
  • /2

    $140,000

    • 4 Beds
    • 2 Baths
    • 1,405 Sq Ft

    3540 Marion Ave, Memphis, TN 38111

    30k price reduction! Incredible investment opportunity available with tremendous cash flow and huge potential upside! Property is currently rented for $1375/mo. 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 significant rehab done in the

    William Haynes Crye-Leike, Inc., REALTORS

    3540 Marion Ave, Memphis, TN 38111
  • /7

    $92,900

    • 3 Beds
    • 1 Bath
    • 1,004 Sq Ft

    950 Norfleet Ave, Memphis, TN 38109

    INVESTERS ONLY!!! Tenant occupied 3bed 2 bath home currently rented for $1035/mo. Home is professionally managed by Reedy. This could be a great addition to your portfolio. No sign in the yard. Please do not disturb or approach the tenant. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. No Creative Or Owner Financed Offers. No Wholesale Or Assignment.

    Tyler Tapley Crye-Leike, Inc., REALTORS

    950 Norfleet Ave, Memphis, TN 38109
  • /2

    $14,500

    • Land
    • 5,662 Sq Ft
    • $111,538 per Acre

    4850 Stage Rd, Memphis, TN 38128

    Looking for a chance to own a property that can be developed as residential or commercial? Here is your chance to buy it. With plenty of road frontage this just may be the spot for next investment!

    James Hooker Tiger Realty

    4850 Stage Rd, Memphis, TN 38128

Showing Results 241 - 280, Page 7 of 18

How to Buy a Home How to Finance a Home How to Sell a Home