1,263

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

Section Image
  • /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
  • /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
  • /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
  • /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

    $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
  • /13

    $150,000

    • 3 Beds
    • 2 Baths
    • 1,213 Sq Ft

    4349 Castle Heights Dr, Memphis, TN 38141

    Solid 3 bed, 2 bath home in an established Memphis neighborhood. Tenant occupied currently, but will be delivered vacant at closing. Functional layout with comfortable living space. Brick exterior with covered front porch and carport. Works well for an owner-occupant or an investor looking for a straightforward property with room to add value. Don't miss out on this great opportunity!

    Marissa Miller The Stamps Real Estate Company

    4349 Castle Heights Dr, Memphis, TN 38141
  • /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
  • /3

    $94,900

    • 2 Beds
    • 1 Bath
    • 964 Sq Ft

    1243 Dyer Place, Memphis, TN 38122

    Great investment property in nice Berclair neighborhood with long term tenant. Central HVAC, hardwood floors, smooth ceilings, storage shed, fenced back yard. Please do not disturb or approach the tenant.No sign in the yard. Make all offers contingent on an inspection. Seller will not look at owner financing or subject to offers. No assignments or wholesalers.

    Michael Frizzell Grind City Realty

    1243 Dyer Place, Memphis, TN 38122
  • /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
  • /2

    $127,900

    • 3 Beds
    • 1 Bath
    • 1,058 Sq Ft

    79 E Shelby Dr, Memphis, TN 38109

    This home was renovated 3 years ago. This is perfect for a first time home buyer, or investor, looking to make good rental income. Tenant just moved out. Will be ready to show starting 04/21/2025.

    Joye Martin Miller Martin Realty

    79 E Shelby Dr, Memphis, TN 38109
  • /10

    $50,000

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft

    292 Decatur St, Memphis, TN 38105

    Great investment opportunity! This 2-bedroom, 1-bath home offers strong potential for rental or renovation. Property is being sold as-is and priced accordingly. Ideal for investors or buyers looking for a value play. Convenient location with quick access to downtown, medical district, and major highways. No repairs to be made by seller. Cash or conventional offers preferred.

    Sasmita Kar Keller Williams

    292 Decatur St, Memphis, TN 38105
  • /19

    $149,900

    • 3 Beds
    • 2 Baths
    • 1,341 Sq Ft

    1131 Rozelle St, Memphis, TN 38106

    Investor Opportunity! Cash-flowing, tenant-occupied three-bed, two-bath home in Memphis, Tennessee. Recently updated throughout with modern finishes, newer flooring, and refreshed paint. Spacious living area, functional kitchen with updated appliances, and comfortable bedrooms Perfect for investors seeking turnkey rental income. TENANT RIGHTS! Property is tenant occupied- please do not disturb

    Scott Tomlinson eXp Realty

    1131 Rozelle St, Memphis, TN 38106
  • /2

    $7,500

    • Land
    • 0.37 Acre
    • $20,270 per Acre

    51 W Brooks Rd, Memphis, TN 38109

    Nice lot! Come build your new house!

    Myles Wilson Keller Williams

    51 W Brooks Rd, Memphis, TN 38109
  • /17

    $119,000

    • 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
  • /17

    $110,000

    • 2 Beds
    • 2 Baths
    • 1,269 Sq Ft

    2006 Quinn Ave, Memphis, TN 38114

    INVESTORS ONLY!!! Lovely 2bed 2bath home currently rented at $1095/mo. This could be a great addition to your portfolio. Property was substantially rehabbed in 2022. Roof, A/C and water heater should all be less than 5 years old. No sign in the yard. Please do not disturb or approach the tenant. Professionally managed --- Leases, ledgers repair history available upon request. NO SHOWINGS WITHOUT

    Tyler Tapley Crye-Leike, Inc., REALTORS

    2006 Quinn Ave, Memphis, TN 38114
  • /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
  • /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

    $70,000

    • 2 Beds
    • 1 Bath
    • 992 Sq Ft

    1483 Swift St, Memphis, TN 38109

    2 bedrooms brick home. Owner wants to retire. Selling As IS. Bring reasonable offers please. Drive by and make an offer contingent upon a satisfactory showing or inspection. Need a little TLC

    Christine Abston REMAX Experts

    1483 Swift St, Memphis, TN 38109
  • /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
  • /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
  • /26

    $59,500

    • 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
  • /15

    $27,500

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

    1423 S Willett St, Memphis, TN 38106

    Motivated Seller! Freshly Painted, Large Single Family Residence, Standard Interior Renovations Needed, All Debris, and Trash Removed, Clean Slate for Renovations to start, Selling as is, No Assignment of Contract

    Steven Koleno Beycome Brokerage Realty LLC

    1423 S Willett St, Memphis, TN 38106
  • /2

    $125,000

    • 4 Beds
    • 2 Baths
    • 1,220 Sq Ft

    2662 Orman Ave, Memphis, TN 38127

    Please do not disturb tenant. 4br/2ba home with access to everything you desire in the area. Detached garage for parking or additional storage. Fenced backyard.

    Aaron Edwards Real Broker

    2662 Orman Ave, Memphis, TN 38127
  • /26

    $104,900

    • 3 Beds
    • 1 Bath
    • 911 Sq Ft

    4306 University St, Memphis, TN 38127

    This 3-bedroom, 1-bath, single-story home offers a functional layout with wood flooring and tile throughout. The property is in decent condition and provides comfortable living space all on one level. A solid option for homeowners or investors alike, with durable finishes and a practical floor plan.

    Alexis Martz Trelora Realty

    4306 University St, Memphis, TN 38127
  • /4

    $39,900

    • Land
    • 0.43 Acre
    • $92,791 per Acre

    2798 Stage Center Dr, Memphis, TN 38134

    Drastic Reduction! 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
  • /2

    $49,000

    • Land
    • 0.48 Acre
    • $102,083 per Acre

    4076 Oak Rd, Memphis, TN 38135

    Buildable Residential Lot in Bartlett – Crislip Manor Looking for a buildable residential lot in Bartlett? Look no further. Here's the cheapest in town. Rare opportunity to own a nearly half-acre residential lot (.48 acres) in the established Crislip Manor subdivision in Bartlett. Lot 1 offers approximately 66 feet of frontage and is ideal for a custom home build. Recorded subdivision plat (Plat

    Koby Drake Keller Williams

    4076 Oak Rd, Memphis, TN 38135
  • /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
  • /37

    $115,000

    • 6 Beds
    • 4 Baths
    • 3,800+ Sq Ft

    1025 Wichita Ave, Memphis, TN 38106

    RARE OPPORTUNITY! 2 Homes, 1 Deal – Endless Potential! Two houses on one property at 1025 Wichita Ave – sitting on 1/3 of an acre! Main Home: 4 BR, 2 BA with primary suite downstairs Guest Home: 2 BR, 2 BA with soaring ceilings + loft living area New roofs on both homes! Both homes have fire damage, but some work has already been done—this property just needs the right touch to complete the

    Tondia Shotwell-Bouie Crye-Leike, Inc., REALTORS

    1025 Wichita Ave, Memphis, TN 38106
  • /2

    $12,500

    • Land
    • 0.07 Acre
    • $178,571 per Acre

    998 J W Williams Ln, Memphis, TN 38105

    Residential lot near downtown. Great lot ready to build! Minutes from the newly renovated Tom Lee Park.

    Crystal Mitchell Renshaw Company, REALTORS

    998 J W Williams Ln, Memphis, TN 38105
  • /30

    $99,900

    • 3 Beds
    • 1 Bath
    • 1,025 Sq Ft

    2601 Saint Elmo Ave, Memphis, TN 38127

    Charming 3-bedroom, 1-bath single-family ranch offering easy one-level living. This open and inviting home features a warm, comfortable layout filled with natural light. Enjoy a large yard with plenty of space for outdoor entertaining, gardening, or future expansion. A wonderful opportunity to own a cozy home with room to grow.

    Alexis Martz Trelora Realty

    2601 Saint Elmo Ave, Memphis, TN 38127
  • /2

    $45,000

    • Land
    • 0.74 Acre
    • $60,811 per Acre

    1971 Francisco St, Memphis, TN 38116

    Land available in the heart of Whitehaven! This .0.74-acre lot offers a great opportunity for new development. Whether you're looking to build a single-family home or explore other possibilities, this spacious parcel is ready for your vision. Drive by and take a look!

    Charlita Foulks Harris Realty Services

    1971 Francisco St, Memphis, TN 38116
  • /13

    $105,000

    • 3 Beds
    • 1 Bath
    • 876 Sq Ft

    2581 Callie Rd, Memphis, TN 38127

    GREAT INVESTMENT OPPORTUNITY! This 3 bedroom, 1 bathroom home is rented for $975/month and under professional management. Lease is good until 5/31/2026. Tenant moved in 5/8/2025. Totally renovated in 2023 including new roof, new HVAC, new carpet, cabinets, window fixtures, and much more! Tenant ledger and maintenance report available upon request. Please do not disturb tenant.

    Jeremy Veldman KAIZEN Realty, LLC

    2581 Callie Rd, Memphis, TN 38127
  • /10

    $65,000

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

    2347 Norman Ave, Memphis, TN 38108

    Property being sold as is. Home is being offered at a great price but does need repairs. Cash offers only. No creative financing or owner financing. Once rehabbed this home could be worth a lot of money. Seller has already done many upgrades and repairs. Roof looks good and home was previously professionally managed. Cash offers only...no blind offers...please go view the home and make your offer

    Tyler Tapley Crye-Leike, Inc., REALTORS

    2347 Norman Ave, Memphis, TN 38108
  • /14

    $115,000

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

    850 Carol Ann Cove, Memphis, TN 38127

    Welcome home to this charming 4-bedroom, 1-bath residence nestled in a quiet Memphis neighborhood. Offering both comfort and convenience, this property is ideal for first-time buyers, families, or investors looking for solid rental potential. Inside, you’ll find a functional layout with four spacious bedrooms, a bright living area, and a well-kept kitchen ready for your personal touch. Step

    Olena Chambers KAIZEN Realty, LLC

    850 Carol Ann Cove, Memphis, TN 38127

Showing Results 281 - 320, Page 8 of 18

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