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

• 

  

  /2

  $20,000

  • Land
  • 0.26 Acre
  • $76,923 per Acre

  944 Tully St, Memphis, TN 38107

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

  Crystal Mitchell Renshaw Company, REALTORS

  944 Tully St, Memphis, TN 38107
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  /2

  $9,500

  • Land
  • 0.13 Acre
  • $73,077 per Acre

  1440 Woodward St, Memphis, TN 38106

  Single family lot itself holds strong value with plenty of rehabs and new construction happening nearby. No seller disclosures.

  Donnie Morrow eXp Realty, LLC

  1440 Woodward St, Memphis, TN 38106
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  /11

  $100,000

  • 4 Beds
  • 1 Bath
  • 1,514 Sq Ft

  1617 Maplewood St, Memphis, TN 38108

  Updated and spacious and ready for you to move in, 1617 Maplewood is a home priced for now, but will be a great buy for years to come. Has a large living room, 3 bedrooms, and an additional room at the rear of the home that can be used as a pantry, office, or 2nd bedroom. The home also features a large eat in kitchen and a spacious backyard.

  Adrian Henning KAIZEN Realty, LLC

  1617 Maplewood St, Memphis, TN 38108
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  /16

  $115,000

  • 3 Beds
  • 2 Baths
  • 1,769 Sq Ft

  3904 Glencoe Dr, Memphis, TN 38115

  Attention savvy buyers! This 3-bedroom, 2-bath townhome is a diamond in the rough. Featuring a functional layout with an attached carport and a large living area centered around a classic fireplace, the potential here is endless. With two bedrooms located on the upper level for added privacy, this home is ready for your personal touch. Being sold as-is—bring your vision and make this rare find

  Courtney Read Vylla Home

  3904 Glencoe Dr, Memphis, TN 38115
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  /9

  $46,250

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  1883 Cedarhurst Ave, Memphis, TN 38127

  Lovely 2 bedroom 1 bathroom home with covered parking being offered at a great price. Seller has made several repairs already and home has a nice floor plan. Could be a great primary residence, investment property, buy & hold rental, or BRRRR property. ONLINE VIDEO AVAILABLE UPON REQUEST. Cash offers only. Many homes in this area are being rehabbed & sold for more money (house on same street sold

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1883 Cedarhurst Ave, Memphis, TN 38127
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  /8

  $101,900

  • 2 Beds
  • 1 Bath
  • 826 Sq Ft

  2119 Pendleton St, Memphis, TN 38114

  INVESTOR SPECIAL! Tenant-occupied and producing $865/month. Professionally managed. Fully renovated in 2022 with key mechanicals replaced, plus 2025 updates before current tenant move-in. Lease active until 8/31/26. Reports available. Showings only after accepted offer. No wholesale or creative terms.

  Jeremy Veldman KAIZEN Realty, LLC

  2119 Pendleton St, Memphis, TN 38114
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  /2

  $85,000

  • 2 Beds
  • 1 Bath
  • 1,193 Sq Ft

  643 McDavitt Place, Memphis, TN 38107

  Dená Austill Crye-Leike of MS, Inc.

  643 McDavitt Place, Memphis, TN 38107
• 

  

  /13

  $88,000

  • 3 Beds
  • 1 Bath
  • 980 Sq Ft

  2807 Alpena Ave, Memphis, TN 38127

  Investment Property 3/1, hardwood floors, Tile Kitchen & Bath newer, Stove provided at closing, Gas stove, Gas HWT, Roof aprox 10 years old Selling As Is. Tenant Occupied

  Jennifer Boyd Heritage Homes Co.

  2807 Alpena Ave, Memphis, TN 38127
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  /15

  $79,900

  • 3 Beds
  • 1 Bath
  • 600+ Sq Ft

  931 Calvin Rd, Memphis, TN 38109

  Welcome to 931 Calvin Rd! This beautifully renovated home is move-in ready and perfect for a first-time buyer or savvy investor. Step inside to find fresh updates throughout, including new flooring, modern fixtures, and a bright, open layout that makes every space feel inviting. The kitchen has been updated with sleek finishes, offering plenty of cabinet and counter space for everyday living.

  Eric Crutcher Doorstep Realty

  931 Calvin Rd, Memphis, TN 38109
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  /31

  $89,900

  • 2 Beds
  • 1 Bath
  • 904 Sq Ft

  1068 Mount Vernon Rd, Memphis, TN 38111

  Charming single-family ranch offering 2 bedrooms and 1 bath with a functional, single-level layout. The home features generously sized bedrooms, ample natural light, and a spacious living area ideal for everyday living and entertaining. Enjoy a large backyard with plenty of room for outdoor activities, gardening, or future expansion. Conveniently located and full of potential—this home is a great

  Alexis Martz Trelora Realty

  1068 Mount Vernon Rd, Memphis, TN 38111
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  /16

  $122,500

  • 3 Beds
  • 2 Baths
  • 1,007 Sq Ft

  778 N Montgomery St, Memphis, TN 38107

  Tenant occupied. Do not disturb tenants. This newly renovated gem is 7 minutes from downtown and 7 minutes from midtown. It comes completely renovated with new roof, HVAC and water heater. No creative financing

  Jerry Duckett eXp Realty, LLC

  778 N Montgomery St, Memphis, TN 38107
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  /2

  $5,000

  • Land
  • 0.08 Acre
  • $62,500 per Acre

  1401 Latham St, Memphis, TN 38106

  Builders/Investors get your building plan underway! Buyer to conduct all due diligence, selling AS-IS WHERE-IS. PLEASE contact listing agent for more information on this & other active lots

  Dawn Kinard Welch Realty, LLC

  1401 Latham St, Memphis, TN 38106
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  /6

  $45,000

  • 2 Beds
  • 1 Bath
  • 1,600+ Sq Ft

  3043 Sax Rd, Memphis, TN 38109

  Investor Special – Motivated Seller! This property sits on a large lot and is being sold AS-IS. It’s a full rehab opportunity for the right buyer with vision! Whether you’re looking for your next flip, rental project, or a chance to build equity from the ground up, this home is priced to move. Seller did replace the roof

  Tanika Bland BEST Real Estate Company

  3043 Sax Rd, Memphis, TN 38109
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  /19

  $100,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  53 N Belvedere Blvd Unit 5, Memphis, TN 38104

  Four "Belvedere Gardens" Units for sale as a package deal for $360,000. Individual Prices available. Two 2-bedroom units and two 1-bedroom units available. Three furnished units are at 108 N Belvedere. THIS UNIT is $100,000 on its own. Unfurnished. 2 BR - 1 Bath - First floor flat. Central heat/air. refrigerator and range included. Gated entry to building. You may drive by, but parking is

  Felix Bishop Crye-Leike, Inc., REALTORS

  53 N Belvedere Blvd Unit 5, Memphis, TN 38104
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  /30

  $99,900

  • 2 Beds
  • 2.5 Baths
  • 1,392 Sq Ft

  5581 Crepe Myrtle Dr, Memphis, TN 38115

  Welcome to this beautifully maintained 2-bedroom, 2.5-bathroom home featuring an open-concept floor plan that’s perfect for both everyday living and entertaining. The bright, airy living space is filled with natural light, offering a seamless flow from the living room to the dining area and kitchen. The well-appointed kitchen includes modern appliances and ample counter space, ideal for cooking

  Alexis Martz Trelora Realty

  5581 Crepe Myrtle Dr, Memphis, TN 38115
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  /2

  $7,500

  • Land
  • 0.08 Acre
  • $93,750 per Acre

  1289 Michigan St, Memphis, TN 38106

  Nice lot! Come build your new house!

  Myles Wilson Keller Williams

  1289 Michigan St, Memphis, TN 38106
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  /6

  $70,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  3597 Baine Ave, Memphis, TN 38111

  Investor opportunity in Highland Heights! This 2-bed, 1-bath brick home offers approx. 875 sq ft of living space on a 7,405 sq ft lot. Built in 1953, it features wood laminate and tile flooring, central HVAC, a fenced yard, and driveway parking. Currently rented for $850/month. Property is offered as part of a discounted investment package with: • 48 W Belle Haven Rd – $76,000 • 140 Cedar Ave –

  Curtis Bleeker KAIZEN Realty, LLC

  3597 Baine Ave, Memphis, TN 38111
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  /4

  $75,000

  • 2 Beds
  • 1 Bath
  • 1,287 Sq Ft

  1696 Kendale Ave, Memphis, TN 38106

  Great income-producing opportunity in the Glenview Historic District. This tenant-occupied 2BR/1BA property offers immediate cash flow. Property is professionally managed. Please do not disturb tenant or trespass. No showings prior to accepted contract. All offers to be made contingent upon inspection.

  Karla Fayne Keller Williams

  1696 Kendale Ave, Memphis, TN 38106
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  /15

  $103,000

  • 3 Beds
  • 1 Bath
  • 953 Sq Ft

  2955 Tudor St, Memphis, TN 38127

  Great Investment Opportunity!!!

  Ashleigh Lovan Keller Williams

  2955 Tudor St, Memphis, TN 38127
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  /24

  $105,000

  • 1 Bed
  • 1 Bath
  • 759 Sq Ft

  1960 N Parkway Unit 605, Memphis, TN 38112

  Single bedroom unit available in the Parkway House! known for its beautiful design and location in the heart of everything Memphis this property is perfect for those who want to be close to the Memphis Zoo, Parks and plenty of your favorite food places along with the famous Rhodes College Campus . A single bedroom unit does not come around often so come give it a look!

  James Hooker Tiger Realty

  1960 N Parkway Unit 605, Memphis, TN 38112
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  /2

  $125,000

  • 4 Beds
  • 2 Baths
  • 1,109 Sq Ft

  3236 Park Ave, Memphis, TN 38111

  THIS HOME IS TENANT OCCUPIED!!! DO NOT DISTURB TENATS!!! All offers must be accepted prior to any inspections. Please call listing agent for information and showing instructions. Offer instructions are in documents.

  Henry Booth Omni, REALTORS

  3236 Park Ave, Memphis, TN 38111
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  /14

  $149,800

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

  796 S Graham St, Memphis, TN 38111

  Tenant Occupied with Tenant's Rights, Buyer to verify Room Sizes, Big Back Yard, Tenants Lease Can be Renewed or Tenant is agreeable to break the lease if the new owner wants to occupy. Appointments must be scheduled with tenants Notice. Big Back Yard, Close to the College

  Jason Arms Memphis Area Rentals

  796 S Graham St, Memphis, TN 38111
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  /9

  $119,900

  • 3 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  1318 Glenn St, Memphis, TN 38106

  Welcome to your dream home reimagined! This beautifully remodeled residence blends modern elegance with timeless charm, offering the perfect balance of comfort, style, and functionality. Featuring 3 bedrooms and 2 full bathrooms. New flooring, Cabinets, all updated bathrooms and much more. Schedule a showing today! Special offer for Investors: Owner financing available with 75000K down payment.

  Ali Nawaz KAIZEN Realty, LLC

  1318 Glenn St, Memphis, TN 38106
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  /27

  $136,500

  • 3 Beds
  • 2 Baths
  • 1,447 Sq Ft

  1873 Grovehaven Dr, Memphis, TN 38116

  Charming older brick home with great bones, offering 3 bedrooms & 2 full bathrooms in a settled neighborhood near Memphis International Airport. Features include real marble flooring in the foyer, hardwood floors in hallway & bedrooms, a separate formal dining room, den, & living room for flexible living space. All windows replaced just one year ago. Elongated driveway leads to a detached 2-car

  Andriona Thomas C21 Patterson & Assoc. Real Es

  1873 Grovehaven Dr, Memphis, TN 38116
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  /2

  $7,500

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

  0 Ryder Ave, Memphis, TN 38106

  Nice corner lot at the SE corner of Ryder Ave & Greenwood. Great build site! Support new construction in this area. Buyer to verify all utilities and perform any and all due diligence prior to closing. Selling AS-WHERE IS

  Dawn Kinard Welch Realty, LLC

  0 Ryder Ave, Memphis, TN 38106
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  /21

  $148,000

  • 3 Beds
  • 2.5 Baths
  • 1,600+ Sq Ft

  5995 Lofty Oak Rd, Memphis, TN 38115

  GREAT INVESTMENT OPPORTUNITY! INVESTORS ONLY, DO NOT DISTURB TENANT. SFH Rented for $1,425/month, professionally managed. Lease expires 7/31/2025. Tenant moved in 7/31/2024. Completely renovated in May 2024 including brand new AC condenser, brand new furnace & A-coil. Spacious kitchen with brand new counter tops, large master bedroom, refurbished bathrooms with tile surround shower, attached

  Jeremy Veldman KAIZEN Realty, LLC

  5995 Lofty Oak Rd, Memphis, TN 38115
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  /13

  $129,900

  • 4 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  1721 W Silver St, Memphis, TN 38106

  Fully renovated and completely turnkey, this rent-ready property features fresh exterior paint, siding and porch updates, new front porch posts, smart locks, a new entry door, updated lighting, a brand-new HVAC system with cage, rebuilt rear stairs, and cleared landscaping. Inside, enjoy modern hardwood flooring, full drywall repair, interior repaint, updated LED lighting, new kitchen cabinets,

  James Wachob Foundation Property Management

  1721 W Silver St, Memphis, TN 38106
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  /2

  $140,000

  • 4 Beds
  • 2 Baths
  • 1,593 Sq Ft

  3258 Yale Ave, Memphis, TN 38112

  Great opportunity to own an income-producing duplex! 2-bed/1-bath on each side currently renting for $750/unit. Conventional, VA, and FHA offers are welcome; tenant-occupied; showing allowed only after offer acceptance. DO NOT DISTURB TENANTS

  Kim Harper Groome & Co.

  3258 Yale Ave, Memphis, TN 38112
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  /13

  $80,000

  • 2 Beds
  • 1 Bath
  • 648 Sq Ft

  2105 Farrington St, Memphis, TN 38109

  Michelle Batts KAIZEN Realty, LLC

  2105 Farrington St, Memphis, TN 38109
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  /2

  $10,000

  • Land
  • 0.14 Acre
  • $71,429 per Acre

  1579 Southern Ave, Memphis, TN 38114

  Nice lot! Come build your new house!

  Myles Wilson Keller Williams

  1579 Southern Ave, Memphis, TN 38114
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  /7

  $105,000

  • 3 Beds
  • 1 Bath
  • 1,174 Sq Ft

  1137 Kney St, Memphis, TN 38107

  Well maintained investment property! Property is currently tenant occupied paying $950/month. Spacious 3 bedroom 1 bathroom home. Please do not disturb tenant.

  Kendrick Garcia Fast Track Realty, LLC

  1137 Kney St, Memphis, TN 38107
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  /11

  $115,000

  • 3 Beds
  • 1 Bath
  • 1,231 Sq Ft

  745 Kippley St, Memphis, TN 38112

  TENANT-OCCUPIED! DRIVE-BY ONLY! NO SHOWING WITHOUT AN ACCEPTED OFFER! DO NOT DISTURB TENANTS! TENANTS' RIGHTS! This 3 bd/ 1 ba rental property was completely refurbished in 2023, as shown in the pictures. The property is professionally managed, with the current lease expiring in January 2026. The monthly rent is $950. The property is being sold AS-IS, WHERE-IS.

  Allen Noah KAIZEN Realty, LLC

  745 Kippley St, Memphis, TN 38112
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  /20

  $110,000

  • 3 Beds
  • 1 Bath
  • 1,162 Sq Ft

  1229 Marlin Rd, Memphis, TN 38116

  Awesome chance to buy a great-looking home in Whitehaven - just fix up the inside and get it occupied! This performed very well for the owner, with a great multi-year tenant; they are selling to invest in their local market. This house is very unique, with a large back yard, screened-in sun porch, separate dining and living rooms and a garage! All of this makes for a really nice addition to any

  Randall Weatherall Memphis Metro Realty

  1229 Marlin Rd, Memphis, TN 38116
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  /14

  $67,000

  • 3 Beds
  • 1 Bath
  • 1,721 Sq Ft

  460 Fox Valley Dr, Memphis, TN 38127

  Calling ALL Investors!! This 3 Bedroom 1 Bathroom Home is ready for experienced renovators!! Add to your Portfolio.. this could also make a Great Rent and Hold Asset once it has been revitalized. There was a tree that fell on the left side, so the house has sustained some structural damage. The Roof on the left side has been replaced. The Interior on the left side remains unfinished. Selling

  Jennifer Clark KAIZEN Realty, LLC

  460 Fox Valley Dr, Memphis, TN 38127
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  /8

  $99,000

  • 3 Beds
  • 2 Baths
  • 1,598 Sq Ft

  2416 Verdun St, Memphis, TN 38114

  Property is being sold in an "as is" condition, and the condition is unknown and may include defects, possible health or safety hazards, or debris, or be located in a Special Flood Hazard Area. Proof of Funds Required. The seller requires that the high bidder be able to demonstrate proof of funds or financing pre-qualification within 24 hours of the auction. Buyer must obtain a

  JERRY EMERSON KING Williams & Williams Real Estate Auctions

  2416 Verdun St, Memphis, TN 38114
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  /16

  $129,250

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

  1148 Rozelle St, Memphis, TN 38106

  Move in ready 3/1 that backs up to Glenview Park! Close to to Cooper-Young! Vacant, easy to show! No owner/creative financing.

  Caleb Parr Renshaw Company, REALTORS

  1148 Rozelle St, Memphis, TN 38106
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  /8

  $85,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  1493 Ragan St, Memphis, TN 38106

  PRICE REDUCTION This is a beautiful brick starter home for your family. Home features 2 bedrooms, living room dining room combo, updated bath, updated kitchen, large back yard, nice enclosed front porch, fenced back yard and single carport with storage space Home is sold "AS IS" Call Broker Bay for appointment

  Greta Jones KAIZEN Realty, LLC

  1493 Ragan St, Memphis, TN 38106
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  /22

  $85,000

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

  2048 Benton St, Memphis, TN 38106

  Charming 2-bedroom, 1-bath home with direct backyard access to The Links at Pine Hill Golf Course! This property is full of potential—perfect for investment or as your next renovation project. Inside, you'll find a separate living room and dining room, laminate flooring in the main living areas, and cozy carpet in the bedrooms. The home also includes washer and dryer connections for added

  Linitra Washington KAIZEN Realty, LLC

  2048 Benton St, Memphis, TN 38106
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  /5

  $80,000

  • 2 Beds
  • 1 Bath
  • 600+ Sq Ft

  1428 Smythe Ave Unit 58, Memphis, TN 38114

  OWNER FINANCING AVAILABLE!! Welcome to 1428 Smythe Avenue—a well-maintained 2-bedroom, 1-bath home offering comfort, charm, and functionality. This tenant-occupied property presents a great opportunity for both homeowners and investors, with potential for immediate rental income or future occupancy. Enjoy original hardwood floors, air conditioning and heat, ceiling fans, window coverings, and

  James Wachob Foundation Property Management

  1428 Smythe Ave Unit 58, Memphis, TN 38114
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  /2

  $19,500

  • 2 Beds
  • 1 Bath
  • 993 Sq Ft

  1592 Sydney St, Memphis, TN 38108

  Perfect for investor! Being sold as-is. Call listing agent for more information.

  Madelyn Winstead Real Estate Agency

  1592 Sydney St, Memphis, TN 38108

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