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

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  /28

  $109,999

  • 3 Beds
  • 1 Bath
  • 1,053 Sq Ft

  856 White Clover Ln, Memphis, TN 38109

  Don't miss this inviting 1-story home featuring 3 bedrooms, 1 bathroom, and a 1-car attached carport. The functional floor plan offers comfortable living spaces with plenty of potential to make it your own. The bright living area provides a welcoming space for relaxing or entertaining, while the kitchen offers ample cabinet and counter space for everyday convenience. The generously sized bedrooms

  Vicki Testerman Mainstay Brokerage, LLC

  856 White Clover Ln, Memphis, TN 38109
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  /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
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  /17

  $105,000

  $20K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,048 Sq Ft

  2120 Curry Ave, Memphis, TN 38108

  Beautifully renovated and move-in ready! This charming home features 3 spacious bedrooms and 2 full bathrooms across 1,048 sq ft of thoughtfully updated living space. Built in 1998 and completely refreshed, it offers modern comfort with peace of mind. Enjoy a brand-new HVAC system and new hot water heater, ensuring efficiency and reliability for years to come. No Carpet. Plus, a 1-year home

  Tamara Davenport Keller Williams

  2120 Curry Ave, Memphis, TN 38108
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  /2

  $80,000

  • 3 Beds
  • 1 Bath
  • 1,159 Sq Ft

  1512 Frayser Blvd, Memphis, TN 38127

  Showings will be permitted only after an accepted offer, do not disturb tenants. The property currently rents for $725 per month. This asset can also be purchased as part of a larger investment package totaling $3,766,500, providing an exceptional opportunity for buyers seeking a strong portfolio addition.

  Fred Sengstacke KAIZEN Realty, LLC

  1512 Frayser Blvd, Memphis, TN 38127
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  /18

  $84,900

  • 3 Beds
  • 1.5 Baths
  • 1,469 Sq Ft

  3736 Range Line Rd, Memphis, TN 38127

  Traditional single-story residential property located in the North Memphis/Frayser area of Shelby County. This single-family ranch-style home offers 1,469 square feet of main-level interior livable space, configured with 3 dedicated bedrooms and 1.5 bathrooms. The layout incorporates hardwood flooring surfaces, a centralized kitchen footprint with an integrated eat-in dining area, and dedicated

  Carl Purifoy Trelora Realty

  3736 Range Line Rd, Memphis, TN 38127
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  /14

  $139,900

  $15K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 816 Sq Ft

  4390 Willow Rd, Memphis, TN 38117

  Cute and Cozy Bungalow Lifestyle. Check out this recently rehabbed home! 2 bed/1 bath, very nicely done! In the sought after neighborhood of Colonial Acres. Great starter home, empty nesters, or Investment. Currently tenant occupied, Showings available upon accepted offer to purchase.

  Rene stehle Keller Williams

  4390 Willow Rd, Memphis, TN 38117
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  /16

  $124,900

  • 3 Beds
  • 1 Bath
  • 925 Sq Ft

  1018 Goodman St, Memphis, TN 38111

  Beautiful 3 bedroom, 1 bathroom home with a functional layout and plenty of charm. Features include spacious living areas, updated finishes, and a bright kitchen with ample cabinet space. Enjoy a large backyard perfect for entertaining, relaxing, or pets. Conveniently located near shopping, dining, and schools. Great opportunity for a first time buyer, investor, or anyone looking for affordable

  Crystal Mitchell Renshaw Company, REALTORS

  1018 Goodman St, Memphis, TN 38111
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  /2

  $22,500

  $1K PRICE DROP

  • Land
  • 4,791 Sq Ft
  • $204,545 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
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  /6

  $35,000

  $8K PRICE INCREASE

  • 4 Beds
  • 2 Baths

  1066 Overton Park Ave, Memphis, TN 38105

  An investor's dream! A total of 4 duplexes with a great room, 2 bedrooms, one bath and kitchen. Located in a cove, these homes would be ideal for investors with an eye for rehabbing functional homes in need of cosmetic upgrades. Located minutes away from downtown and midtown, homeowners will have ample choices for entertaining family and friends. Property being sold AS IS and all units must be

  Felicia Carey Crye-Leike, Inc., REALTORS

  1066 Overton Park Ave, Memphis, TN 38105
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  /15

  $89,900

  • 3 Beds
  • 1 Bath
  • 1,196 Sq Ft

  2 E Paxton Ln, Memphis, TN 38109

  Well-maintained 3-bedroom, 1-bath single-story home offering approximately 1,196 square feet of functional living space. This inviting residence features a bright and spacious living room, an eat-in kitchen with abundant cabinetry and generous workspace, and a practical floor plan that maximizes comfort and efficiency. Outside, the generous lot provides a large backyard with plenty of space for

  Carl Purifoy Trelora Realty

  2 E Paxton Ln, Memphis, TN 38109
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  /22

  $145,900

  $14K PRICE DROP

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

  1531 Netherwood Ave, Memphis, TN 38106

  This property is at $1,195 per month through 3/31/2028. Fully renovated rental property designed for durability and long-term performance. Key improvements include a new 30-year architectural roof, double-pane aluminum windows, and a recently installed water heater. Interior upgrades feature new hard-surface flooring, an updated kitchen with new countertops and fixtures, and a fully renovated

  James Wachob Foundation Property Management

  1531 Netherwood Ave, Memphis, TN 38106
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  /10

  $47,900

  $4K PRICE DROP

  • Land
  • 3.31 Acres
  • $14,471 per Acre

  1163 W Raines Rd, Memphis, TN 38109

  Prime Development Opportunity | 3.31 Acres *Boundaries- For illustrative purposes only. Drawn boundaries are approximate Rare opportunity to secure 3.31 acres with direct access to Main Street, making it an excellent candidate for residential development or a custom private estate. With approximate lot dimensions of 300 x 400, this parcel offers ample space and flexibility for a variety of future

  Terrance Hill eXp Realty, LLC

  1163 W Raines Rd, Memphis, TN 38109
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  /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
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  /7

  $79,000

  • 3 Beds
  • 1 Bath
  • 845 Sq Ft

  927 N 3rd St, Memphis, TN 38107

  Investors special 3/1 move in ready previously rented for $900 rent roll available.

  Cynthia Edwards Grand Point Realty, LLC

  927 N 3rd St, Memphis, TN 38107
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  /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
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  /2

  $90,000

  $20K PRICE DROP

  • 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
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  /2

  $12,500

  • Land
  • 6,969 Sq Ft
  • $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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  /31

  $79,900

  $20K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 976 Sq Ft

  624 Mohawk Ave, Memphis, TN 38109

  Move-in ready 3BR/1BA gem in Chickasaw Village! Featuring fresh paint, updated kitchen and bath, and classic hardwood floors. This efficient layout offers a low-maintenance crawl space foundation and central HVAC. Perfectly situated near T.O. Fuller State Park—ideal for first-time buyers or investors seeking a turnkey rental.

  Thee Gaines Trelora Realty

  624 Mohawk Ave, Memphis, TN 38109
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  /2

  $7,000

  $4K PRICE INCREASE

  • Land
  • 4,356 Sq Ft
  • $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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  /40

  $116,000

  • 4 Beds
  • 3 Baths
  • 1,892 Sq Ft

  3132 Lamphier Ave, Memphis, TN 38112

  4-bedroom, 3-bathroom home well-designed living space, providing plenty of room for family, guests, or entertaining. The spacious floor plan features generous living areas, a functional kitchen with ample cabinet and counter space, and comfortable bedrooms designed for everyday living. Backyard that's perfect for relaxing, grilling, or creating your own outdoor retreat. Conveniently located near

  Jay McMiller Bespoke Realty

  3132 Lamphier Ave, Memphis, TN 38112
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  /17

  $129,999

  • 3 Beds
  • 1.5 Baths
  • 1,138 Sq Ft

  1497 Titus Rd, Memphis, TN 38111

  Home presents a true full-gut renovation project for experienced investors, contractors, or fix-and-flip specialists. addition shows stud work and framing, offering a complete blank canvas with no guesswork needed for demo work. The property requires improvements throughout, including full mechanical system installations (HVAC, electrical, plumbing), dry walling, new flooring, and complete

  Henry Pineda Fast Track Realty, LLC

  1497 Titus Rd, Memphis, TN 38111
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  /36

  $89,900

  $35K PRICE DROP

  • 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.

  Thee Gaines Trelora Realty

  61 E Fernwood Ave, Memphis, TN 38109
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  /2

  $25,000

  • Land
  • 3,920 Sq Ft
  • $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
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  /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
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  /15

  $85,000

  $4K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 951 Sq Ft

  807 Kippley St, Memphis, TN 38112

  This clean 957 sq. ft. bungalow in the 38112-zip code represents a prime opportunity for an investor to secure a high-demand asset in a core Memphis rental pocket. The property features a newer roof alongside original hardwood floors that provide a solid foundation for a quality finish. With the majority of rent-ready items already addressed, the home requires only minor work to be market-ready,

  Shae Roberts Advantage Property Management

  807 Kippley St, Memphis, TN 38112
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  /6

  $100,000

  $5K PRICE DROP

  • 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
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  /3

  $13,899

  • Land
  • 4,356 Sq Ft
  • $138,990 per Acre

  869 Alaska St, Memphis, TN 38107

  Vacant level lot for sale, utilities available.

  Virgil Pryor Harris Realty Services

  869 Alaska St, Memphis, TN 38107
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  /13

  $135,000

  • 3 Beds
  • 2 Baths
  • 1,443 Sq Ft

  4974 Cromwell Ave, Memphis, TN 38118

  This home has great curb appeal and has a great low purchase price. This home needs just a little tlc to make it a beautiful updated home. It has 3 bed 2 full bath a living room, dining room, den and eat-in kitchen. It also has a large backyard with storage shed and situated on a nice size corner lot. This home could be great for owner occupants or investors. Sellers are still moving a few things

  Michelle Hayes Thomas Hayes Homes and Realty, Inc

  4974 Cromwell Ave, Memphis, TN 38118
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  /8

  $65,000

  $24K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 744 Sq Ft

  2034 Driftwood Ave, Memphis, TN 38127

  PRICE REDUCED!! Excellent investment opportunity (definitely satisfies the 1% rule for investors!) Tenant occupied property being marketed to investors. This can be a great addition to your rental portfolio. Property is Professionally managed by Reedy and Company. This 2 bed 1bath home is rented at $925/mo. Many homes in this area are being rehabbed and sold for more money. No sign. PLEASE DO NOT

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2034 Driftwood Ave, Memphis, TN 38127
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  /2

  $12,500

  • Land
  • 5,662 Sq Ft
  • $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
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  /2

  $25,000

  $15K PRICE INCREASE

  • Land
  • 3,920 Sq Ft
  • $277,778 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
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  /33

  $79,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,026 Sq Ft

  3317 Abbottsford Ave, Memphis, TN 38128

  This charming 1,026 sq. ft. ranch-style residence is situated in a well-established North Memphis community. Built in 1971, the home features a three-bedroom, one-bathroom floorplan. The interior layout includes a combination of hardwood flooring throughout the primary living areas and plush carpeting in all three bedrooms. A dedicated, 6x11 laundry room is positioned immediately off the dining

  Tiffany Jones Trelora Realty

  3317 Abbottsford Ave, Memphis, TN 38128
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  /11

  $125,000

  • 3 Beds
  • 1 Bath
  • 808 Sq Ft

  3567 Daggett Rd, Memphis, TN 38109

  Looking for an affordable home or your next investment opportunity? This 3-bedroom, 1-bath home offers several recent updates, including fresh interior paint, a new roof (2023), water heater (2023), and new attic insulation for improved energy efficiency. Previously rented for $1,350 per month, this property has a proven rental history and strong income potential. The seller will install a new

  Lisa Hendrickson Groome & Co.

  3567 Daggett Rd, Memphis, TN 38109
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  /10

  $149,000

  $16K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,549 Sq Ft

  1382 S Parkway E, Memphis, TN 38106

  Fabulous brick home in move in condition featuring a spacious living room, dining room, 3 bedrooms, 2 renovated bath rooms, a large eat -in kitchen, and an oversized back yard that's ideal for entertaining. This home is a steal at $14900.00. Won't last long, call now!!

  Carol Tate Tate Realty and Construction

  1382 S Parkway E, Memphis, TN 38106
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  /15

  $109,900

  • 2 Beds
  • 1 Bath
  • 808 Sq Ft

  1443 Wrenwood St, Memphis, TN 38122

  Move-in ready 2 bed, 1 bath home located in the Nutbush area of Memphis. This well-maintained property features easy maintenance with LVP flooring and some recent updates throughout, offering a functional layout and comfortable living spaces. Enjoy a nice, flat yard with ample space for outdoor activities and entertaining. Ideal opportunity for investors or owner-occupants, including first-time

  Michael Valenza eXp Realty, LLC

  1443 Wrenwood St, Memphis, TN 38122
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  /27

  $135,000

  • 2 Beds
  • 1 Bath
  • 906 Sq Ft

  210 S Mclean Blvd Unit 8, Memphis, TN 38104

  Enjoy convenient Midtown living in this clean, move-in-ready 2-bedroom, 1-bath upstairs condo located in the heart of Memphis. The inviting open floor plan features beautiful hardwood floors throughout the living and dining areas, along with an updated kitchen. The gated community offers one covered parking space, interior common areas perfect for visiting with neighbors, and a beautiful

  Lauren Criswell Crye-Leike, Inc., REALTORS

  210 S Mclean Blvd Unit 8, Memphis, TN 38104
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  /21

  $74,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 930 Sq Ft

  3749 Wolf Trail Dr, Memphis, TN 38128

  Welcome to this charming property tucked away on Wolf Trail Dr in Memphis. This well-maintained residence offers a comfortable single-story layout with spacious living areas, natural light, and practical functionality throughout. The cozy kitchen provides ample cabinet space and flows easily into the dining area, making everyday living and entertaining convenient. Generously sized bedrooms offer

  Thee Gaines Trelora Realty

  3749 Wolf Trail Dr, Memphis, TN 38128
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  /2

  $55,000

  $55K PRICE DROP

  • Land
  • 35,719 Sq Ft
  • $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 CCIM Braden, Braden & Braden LLC

  3646 Democrat Rd, Memphis, TN 38118
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  /2

  $10,000

  • Land
  • 7,405 Sq Ft
  • $58,824 per Acre

  1197 Wilson St, Memphis, TN 38106

  Residential lot located in Memphis. Great opportunity for new construction or investment property. Convenient access to schools, shopping, dining, and major roadways.

  Jonathan Minerick homecoin.com

  1197 Wilson St, Memphis, TN 38106
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  /11

  $99,900

  • 3 Beds
  • 1.5 Baths
  • 1,475 Sq Ft

  3613 Brookmeade St, Memphis, TN 38127

  Take advantage of this outstanding income-producing investment! This rental property is located in a high-demand area with easy access to retail, restaurants, employment centers, and everyday conveniences, making it an attractive option for tenants. A fantastic addition to any investment portfolio. Please note that assignment contracts and wholesale offers will not be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3613 Brookmeade St, Memphis, TN 38127

Showing Results 281 - 320, Page 8 of 18