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

• 

  

  /2

  $37,000

  • Land
  • 0.68 Acre
  • $54,412 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
• 

  

  

  /3

  $10,000

  • Land
  • 0.22 Acre
  • $45,455 per Acre

  1437 Silver St, Memphis, TN 38106

  Large lot at the corner of Silver and Kerr. Bring your home plans and make this one your own. Priced well for builders looking for their next development. Drive by to view any time.

  Rebecca Edwards Keller Williams

  1437 Silver St, Memphis, TN 38106
• 

  

  /2

  $14,000

  • Land
  • 0.14 Acre
  • $100,000 per Acre

  2885 Carnes Ave, Memphis, TN 38114

  Investor’s opportunity! This ±0.14-acre lot is priced to move. Perfect for builders or investors seeking an affordable project. The property is well-positioned with easy access to main roads and local amenities. Bring your vision and explore the potential!

  Sondretta Graham Keller Williams

  2885 Carnes Ave, Memphis, TN 38114
• 

  

  /2

  $52,000

  • 3 Beds
  • 1 Bath
  • 999 Sq Ft

  5187 Braden Dr, Memphis, TN 38127

  5187 Braden Drive is a single-family home included in a multi-property investment package—an excellent opportunity for investors looking to expand their portfolio. This property offers strong rental potential and long-term appreciation, making it a valuable addition to any investment strategy. Conveniently located near major roads, shopping, and everyday amenities, it’s well-positioned to attract

  Lauren Cansler Crye-Leike, Inc., REALTORS

  5187 Braden Dr, Memphis, TN 38127
• 

  

  /2

  $15,000

  • Land
  • 0.13 Acre
  • $115,385 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
• 

  /2

  $51,000

  • 4 Beds
  • 2 Baths
  • 1,320 Sq Ft

  1335 Barbour St, Memphis, TN 38106

  Can be sold apart of a 14 house package or separately. Great opportunity for rental income. Reach out to agent for more information on property & package! MOTIVATED SELLER!

  Mahmoud 'Mac' El-Aina Pinnacle Realty

  1335 Barbour St, Memphis, TN 38106
• 

  

  /15

  $139,900

  • 4 Beds
  • 1.5 Baths
  • 1,548 Sq Ft

  3767 Kipling Ave, Memphis, TN 38128

  Fantastic home and ready for a new family! Tile and NEW carpet throughout with fresh paint. Neutral colors and a blank palette, ready for your own personal touches. Fenced backyard with workshop!! Easy to show and easy to view! Let's make this your new home today!

  Ryan Woolbright Premier Realty Group, LLC

  3767 Kipling Ave, Memphis, TN 38128
• 

  /2

  $40,000

  • Land
  • 0.11 Acre
  • $363,636 per Acre

  52 Angelus St, Memphis, TN 38104

  Incredible opportunity to own two adjoining lots in the heart of Midtown — 46 and 52 Angelus St. These properties are surrounded by new construction and located next door to a stunning modern condo building. The area continues to grow rapidly, making this a perfect location for your next development project or investment. Centrally located and just minutes from dining, shopping, and entertainment

  Crystal Mitchell Renshaw Company, REALTORS

  52 Angelus St, Memphis, TN 38104
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  /2

  $34,000

  • Land
  • 0.16 Acre
  • $212,500 per Acre

  2046 Lamar Ave, Memphis, TN 38114

  PRIME DEVELOPMENT OPPORTUNITY. This strategically positioned parcel offers excellent visibility and high traffic counts along one of the city’s major commercial corridors. Convenient access to downtown Memphis, major highways, and established nearby businesses, this site provides exceptional potential for future growth. Don’t miss the chance to secure a valuable piece of property in an area

  Darnell McCurdy Crye-Leike, Inc., REALTORS

  2046 Lamar Ave, Memphis, TN 38114
• 

  

  /15

  $149,900

  • 2 Beds
  • 1 Bath
  • 1,182 Sq Ft

  989 Wingfield Rd, Memphis, TN 38122

  Welcome to this charming 2 bed, 1 bath home in the desirable Berclair area. Features authentic hardwood flooring, a beautifully updated bathroom with new shower and floor tile, and a modern kitchen boasting new cabinets and granite countertops. Enjoy a spacious private backyard perfect for relaxation and entertaining. Don't miss out on this lovely home!

  Joshua Moss KAIZEN Realty, LLC

  989 Wingfield Rd, Memphis, TN 38122
• 

  

  /8

  $75,000

  • Studio
  • 4 Baths
  • 2,222 Sq Ft

  1314 S Willett St, Memphis, TN 38106

  Property is currently a house church. Property was converted from a duplex to religious use.

  Sonja Hester Progressive Realty Services

  1314 S Willett St, Memphis, TN 38106
• 

  

  /10

  $118,500

  • 2 Beds
  • 1 Bath
  • 1,400+ Sq Ft

  1274 Railton Rd, Memphis, TN 38111

  Investment property. Property to be SOLD AS IS NO REPAIRS. This two-bedroom bath offers a formal living and dining combination, an eat-in kitchen, and a large den that could be converted into a primary bedroom and bath. Updates, interior painted, new carpet, and new kitchen cabinets in 2022. Tenant Occupied 12 month lease

  Patricia Didlake Didlake Realty Group, LLC

  1274 Railton Rd, Memphis, TN 38111
• 

  

  /4

  $20,000

  • Land
  • 0.8 Acre
  • $25,000 per Acre

  29 Felton Rd, Memphis, TN 38128

  Prime vacant residential lot on Felton Rd in North Memphis! Perfect spot to build your dream home, a rental property, or hold as a long-term investment. Flat, open parcel with utilities nearby and easy access to Hwy 51, downtown Memphis, parks, and schools. Located in a quiet, growing neighborhood with strong demand for new construction. Buyer to verify zoning, utilities, and lot dimensions.

  Ralph Harvey List With Freedom.Com, Inc.

  29 Felton Rd, Memphis, TN 38128
• 

  

  /5

  $150,000

  • 4 Beds
  • 2 Baths
  • 1,026 Sq Ft

  1536 Cella St, Memphis, TN 38114

  Investor Opportunity! Tenant-occupied through October 2026 at approximately $1,300/month. Fully rehabbed in 2023 with renovated bathrooms, updated kitchen with built-in cabinets, and washer/dryer hookup. Newer HVAC and furnace installed October 2024. Energy-efficient doors and windows throughout. Professionally managed, with tenant responsible for lawn care and all utilities. Low property taxes

  Jeff Goff Keller Williams

  1536 Cella St, Memphis, TN 38114
• 

  /2

  $105,000

  • 3 Beds
  • 1 Bath
  • 1,516 Sq Ft

  1946 Willow Wood Ave, Memphis, TN 38127

  Incredible investment opportunity available with tremendous cash flow and huge potential upside! This home is rented for $995/mo with a market rent of $1200/mo. 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 past few years. This could

  William Haynes Crye-Leike, Inc., REALTORS

  1946 Willow Wood Ave, Memphis, TN 38127
• 

  /2

  $9,000

  • Land
  • 0.12 Acre
  • $75,000 per Acre

  258 Gaston Ave, Memphis, TN 38106

  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

  258 Gaston Ave, Memphis, TN 38106
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  /33

  $14,900

  • 4 Beds
  • 1.5 Baths
  • 1,589 Sq Ft

  1562 Preston St, Memphis, TN 38106

  4 bed, 1.5 bath property in heavily distressed condition—ideal for investors seeking a full gut rehab opportunity. Property shows significant deferred maintenance and will require extensive repairs throughout, including major interior and exterior work. Sold as-is with no repairs. Seller is highly motivated.

  Henry Pineda Fast Track Realty, LLC

  1562 Preston St, Memphis, TN 38106
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  /16

  $146,900

  • 4 Beds
  • 1 Bath
  • 1,540 Sq Ft

  808 Mohawk Ave, Memphis, TN 38109

  This property is currently tenant occupied, please do not disturb the tenant! The property has undergone a recent renovation in 20205. New HVAC (2025), new furnace (2025), roof is in good condition, hot water heater is 2019, and renovated kitchen and bathroom.

  Lauren McNary Marathon REALTORS, LLC

  808 Mohawk Ave, Memphis, TN 38109
• 

  

  /20

  $134,900

  • 2 Beds
  • 1 Bath
  • 873 Sq Ft

  556 Lundee St, Memphis, TN 38111

  Fantastic investment opportunity in the Shelby area. This 2br/1 bath single-family home is in the 38111 area. Cash flowing with a monthly rental amount of $995/month. Currently on MTM. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  556 Lundee St, Memphis, TN 38111
• 

  

  /15

  $135,000

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

  507 Tonto Rd, Memphis, TN 38109

  This beautiful home has been completely renovated!!! It features smooth ceilings, updated gold fixtures throughout the home, new paint on the interior and exterior, new hot water tank, brand new stainless steel kitchen appliances, and the original hardwood floors have been revitalized!!! The kitchen and bathroom were completely gutted on this home, so everything is brand new!!! The kitchen and

  Joye Martin Miller Martin Realty

  507 Tonto Rd, Memphis, TN 38109
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  /2

  $23,500

  • Land
  • 0.11 Acre
  • $213,636 per Acre

  801 Cella St, Memphis, TN 38114

  Great lot! Ready to build your next home or investment property.

  Crystal Mitchell Renshaw Company, REALTORS

  801 Cella St, Memphis, TN 38114
• 

  

  /20

  $139,900

  • 2 Beds
  • 1.5 Baths
  • 1,103 Sq Ft

  5906 Noyes Ct Unit 4, Memphis, TN 38119

  Super cute condo in gated community. Move-in ready! Freshly Painted Throughout and an updated deck. This charming home has a new HVAC system and fresh new blinds throughout. Located in a welcoming community with a recently renovated neighborhood pool. You'll love the neighborhood's friendly vibe and planned activities like BBQ's and holiday dinners. Don't miss your chance to own a home that's not

  Alli Clark Keller Williams

  5906 Noyes Ct Unit 4, Memphis, TN 38119
• 

  

  /30

  $119,900

  • 3 Beds
  • 2 Baths
  • 1,051 Sq Ft

  4066 Berrywood Ave, Memphis, TN 38118

  This ranch style home features 3 beds, 2 bath. Boasting great bones and endless potential. Sit on the front porch enjoying the outdoors. Great for an investor or first time homebuyer. Seller will have new condenser installed with acceptable offer and working on getting window replaced.

  Alexis Martz Trelora Realty

  4066 Berrywood Ave, Memphis, TN 38118
• 

  

  /22

  $149,900

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

  1531 Netherwood Ave, Memphis, TN 38106

  Fully renovated, turnkey rental. This home features a new 30-year roof, exterior paint, updated lighting, and smart locks. Exterior updates include a new mailbox, crawl space panels, siding and window repairs, landscaping cleanup, painted porch and railings, and fence removal. Inside offers fresh paint, LED lighting, blinds, hardware, and repaired walls, outlets, and doors. Safety is enhanced

  James Wachob Foundation Property Management

  1531 Netherwood Ave, Memphis, TN 38106
• 

  

  /9

  $105,000

  • 2 Beds
  • 1 Bath
  • 1,101 Sq Ft

  1521 Hope St, Memphis, TN 38111

  TENANT OCCUPIED!! DRIVE BY ONLY DO NOT CONTACT TENANT! AFTER DRIVING BY AND ONCE OFFER IS ACCEPTED WE WILL GET YOU INSIDE HOUSE FOR YOUR INSPECTION. CURRENTLY RENTED FOR $900/ MONTH. CALL LISTING AGENT FOR MORE INFORMATION.ENOVATED. This home was redone after a fire a few years ago and is in good condition. Photos are from prior to this tenant moving into the houise. No owner financing will be

  Jimmie Tapley Crye-Leike, Inc., REALTORS

  1521 Hope St, Memphis, TN 38111
• 

  /2

  $100,000

  • 2 Beds
  • 1 Bath
  • 797 Sq Ft

  1658 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 $850.00 per month. Priced to SELL!!!!!

  Frank Colvett REMAX Experts

  1658 Sailors St, Memphis, TN 38108
• 

  

  /33

  $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
• 

  

  /3

  $9,500

  • Land
  • 0.8 Acre
  • $11,875 per Acre

  0 Felton Rd, Memphis, TN 38128

  Beautiful wooded residential lot!!

  Jessica Willis Gateway South Real Estate

  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
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  /5

  $60,000

  • 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
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  /36

  $124,900

  • 2 Beds
  • 2 Baths
  • 2,666 Sq Ft

  61 E Fernwood Ave, Memphis, TN 38109

  Discover the enduring appeal of this 1940s-built 1.5-story residence, a 2 bed (with bonus rm!) 2 ba home that stands as a testament to quality craftsmanship and thoughtful design. Spanning a versatile layout on a level lot framed by mature perimeter trees, this well maintained property boasts gorgeous original hardwood flooring throughout the main level, creating a warm and timeless aesthetic.

  Tiffany Jones Trelora Realty

  61 E Fernwood Ave, 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
• 

  

  /3

  $10,000

  • Land
  • 0.38 Acre
  • $26,316 per Acre

  3492 Hallbrook St, Memphis, TN 38127

  Buildable lot. Close to Denver Elementary School and shopping. The Nike Factory and Amazon Warehouse are nearby.

  Javanha Davis Adaro Realty, Inc.

  3492 Hallbrook St, Memphis, TN 38127
• 

  

  /6

  $105,000

  • 3 Beds
  • 1 Bath
  • 1,300 Sq Ft

  287 George St, Memphis, TN 38109

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $995 per month and is on a lease from 10/01/2025 - 09/30/2026. 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

  287 George St, Memphis, TN 38109
• 

  /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
• 

  /2

  $10,000

  • Land
  • 0.07 Acre
  • $142,857 per Acre

  0 Mississippi Blvd, Memphis, TN 38106

  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 Mississippi Blvd, Memphis, TN 38106

Showing Results 281 - 320, Page 8 of 18