Price Reduced Homes for Sale in Memphis, TN

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  /32

  $367,000

  $8K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,573 Sq Ft

  3651 Philwood Ave, Memphis, TN 38122

  New price!! Located in the heart of High Point Terrace in East Memphis, Tennessee, this meticulously maintained 3-bedroom, 2-bath home blends timeless Midtown charm with thoughtful updates and exceptional functionality all with a new price! Original hardwood floors, newer windows, plantation shutters, a new roof, and beautifully organized spaces create a home that’s as practical as it is

  Dana Whitworth Crye-Leike, Inc., REALTORS

  3651 Philwood Ave, Memphis, TN 38122
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  /37

  $200,000

  $15K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 1,675 Sq Ft

  863 S Yates Rd Unit 3, Memphis, TN 38120

  Location, location, location! This beautifully updated & freshly painted condo in desirable Yates Village offers convenience to everything—shopping, restaurants, and the interstate—making it easy to get anywhere in minutes. The renovated island kitchen features granite countertops, oven, microwave, refrigerator, and opens to living spaces with hardwood floors throughout and smooth ceilings. The

  Allyson Avera Crye-Leike, Inc., REALTORS

  863 S Yates Rd Unit 3, Memphis, TN 38120
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  /25

  $220,000

  Open Sun 2PM - 4PM $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,318 Sq Ft

  7139 Hillshire Dr, Memphis, TN 38133

  Move right into this updated 3 bedroom, 2 full bathroom home! With over 1,300 square feet, this home blends unique character with modern updates. The renovated kitchen features updated cabinetry, countertops, and hardware, while both bathrooms have been tastefully remodeled with tile flooring, updated showers, new lighting, and fresh finishes. New luxury vinyl plank flooring, fresh interior

  Natalie Murphy MidSouth Residential, LLC

  7139 Hillshire Dr, Memphis, TN 38133
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  /24

  $239,900

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,175 Sq Ft

  1157 Colonial Rd, Memphis, TN 38117

  Move-in Ready! This beautifully updated 3BR/1BA home features a 2 car garage, nail down hardwood floors throughout, abundant natural light, and a sunny sunroom that's perfect for a home office. Fresh interior paint, an updated bath with new lighting and sink, plus a new HVAC system (2023) make this home truly turnkey. Enjoy outdoor living in the large, level, fully fenced backyard with fresh

  Ward Walthal Marx-Bensdorf, REALTORS

  1157 Colonial Rd, Memphis, TN 38117
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  /18

  $84,500

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,626 Sq Ft

  1371 S Parkway E, Memphis, TN 38106

  Come check out this 3 bed, 1 bath home featuring original hardwood floors and a roof in good condition. The property needs a little TLC, including some structural work, and is priced accordingly for the right buyer or investor.

  Antonio Walton The Home Partners Realty

  1371 S Parkway E, Memphis, TN 38106
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  /34

  $375,000

  $24K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 3,436 Sq Ft

  1850 Wood Oak Dr, Cordova, TN 38016

  Welcome to 1850 Wood Oak Dr, where timeless style meets generous living space in the heart of Cordova. Nestled on nearly half an acre in an established neighborhood, this spacious 4-bedroom, 2.5-bath home offers a comfortable living designed for both everyday life and entertaining. Step inside to discover an inviting floor plan featuring multiple living and gathering spaces, abundant natural

  Jason Wallace Keller Williams Realty

  1850 Wood Oak Dr, Cordova, TN 38016
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  /18

  $229,000

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,331 Sq Ft

  1727 Vesey Ave, Memphis, TN 38114

  Welcome to this charming renovated three bedroom home in Memphis' beloved Cooper Young Historic District! From the inviting front porch and swing, step inside to a spacious, open floorplan featuring smooth ceilings and beautiful wood look tile perfect for everyday living and entertaining. The updated kitchen offers plenty of storage with a large pantry, along with a disposal, gas range and

  Brenda Abide United Real Estate Mid South

  1727 Vesey Ave, Memphis, TN 38114
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  /18

  $99,000

  $31K PRICE DROP

  • 4 Beds
  • 1 Bath
  • 1,218 Sq Ft

  855 Hilton St, Memphis, TN 38114

  Price Improvement! Home is vacant and easy to show! Investors, this is a great addition to your portfolio! Remodeled 4 bedroom, 1 bathroom home previously rented (2025-2026) through Section 8 for $1250. New furnace (2023), new AC condenser (2023), new flooring (2023), new roof (2022), water heater (2025), and gas stove replaced in 2025. Records available upon request.

  Aaron Ivey eXp Realty

  855 Hilton St, Memphis, TN 38114
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  /4

  $13,499

  $12K PRICE DROP

  • Land
  • 7,405 Sq Ft
  • $79,406 per Acre

  538 King Rd, Memphis, TN 38109

  A great lot in an up and coming area! Foundation from old building still on lot for easy building! Drive out anytime!

  Amy Patterson Crye-Leike, Inc., REALTORS

  538 King Rd, Memphis, TN 38109
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  /25

  $265,000

  $5K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 2,028 Sq Ft

  5466 Cottonwood Rd, Memphis, TN 38115

  Fall in love with this spacious 4 bed 3 bath home!! The rooms are large and the home and the yard are a great size for entertaining family and friends. This home has been renovated with beautiful finishes. This home also boast a living room dining room combo, eat in Kitchen and den. Master down with private full bath and second bedroom down with access to another full bath. 2 bedrooms up have

  Michelle Hayes Thomas Hayes Homes and Realty, Inc

  5466 Cottonwood Rd, Memphis, TN 38115
• 

  

  /22

  $225,000

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,267 Sq Ft

  1426 Vera Cruz St, Memphis, TN 38117

  Welcome to 1426 Vera Cruz in the highly sought-after Colonial Acres neighborhood! The heart of the home is the stunning kitchen, which was completely stripped down to the studs and fully renovated in 2020. It features premium new quartz countertops, custom cabinetry, durable new sheetrock, stylish tile flooring, and modern appliances. This 3-bedroom, 2 full-bath home has beautiful hardwood floors

  Chris Meyer Crye-Leike, Inc., REALTORS

  1426 Vera Cruz St, Memphis, TN 38117
• 

  

  /23

  $264,999

  $15K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 2,436 Sq Ft

  946 Roland St, Memphis, TN 38114

  Beautifully and completely remodeled 4-bedroom, 3-bathroom home offering 2,436 sq. ft. of living space on a 7,405 sq. ft. lot. Everything is new and fully updated throughout, providing a fresh, modern feel from the moment you walk in. This move-in-ready home is a must-see!

  Donnie Morrow eXp Realty, LLC

  946 Roland St, Memphis, TN 38114
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  /8

  $105,900

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,146 Sq Ft

  4511 Sumners Wells Rd, Memphis, TN 38118

  Fred Sengstacke KAIZEN Realty, LLC

  4511 Sumners Wells Rd, Memphis, TN 38118
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  /3

  $5,000

  $1K PRICE DROP

  • Land
  • 4,356 Sq Ft
  • $50,000 per Acre

  118 Dover Ave, Memphis, TN 38106

  Vacant level lot for sale, utilities available. Seller offering owner finance at $1,000 down and starting at $269 a month. Individually sold but part of package of lots. Previously bought in tax sale. buyer responsible for endorsement fee

  Virgil Pryor Harris Realty Services

  118 Dover Ave, Memphis, TN 38106
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  /25

  $154,000

  $11K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,203 Sq Ft

  6812 Meadow Chase Ln, Memphis, TN 38115

  PRICE IMPROVEMENT!! Welcome to comfort and convenience! End the summer in your cozy 2bed/2bath home. This is the perfect opportunity for first-time homebuyers and turnkey investors. This home is move-in ready. This abode has only had 1 owner and has never been rented. Appliances can stay with an accepted offer. This gem is great if you are looking to downsize to a manageable, yet spacious home.

  Aubrey Dunlap Infinity Group REALTORS, Inc.

  6812 Meadow Chase Ln, Memphis, TN 38115
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  /30

  $225,000

  $10K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 2,410 Sq Ft

  3018 Scotland Rd, Memphis, TN 38128

  Spacious 2-story home featuring 4 bedrooms, 2 bathrooms, and a 2-car garage with plenty of room throughout. The home offers a functional layout with generous living spaces and a fireplace in the living room. Situated on a spacious lot with plenty of outdoor space, this property offers a great opportunity to add your personal touches. Some areas of the home may need repairs and updates. Schedule

  Adam Woodring Mainstay Brokerage, LLC

  3018 Scotland Rd, Memphis, TN 38128
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  /2

  $3,000

  $7K PRICE DROP

  • Land
  • 4,791 Sq Ft
  • $27,273 per Acre

  1191 Wellington St, Memphis, TN 38106

  The neighborhood is characterized by quiet streets, mature trees, and a welcoming community, making it an excellent choice for both investment and personal use. This package deal includes lots 1187 S. Wellington and 443 Simpson. The lots combine over 9,000 sq.ft. of space. This deal won't last long. Bring your best offer.

  Stephanie Moss BEST Real Estate Company

  1191 Wellington St, Memphis, TN 38106
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  /16

  $219,900

  $30K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,477 Sq Ft

  6744 Bainbridge Dr, Memphis, TN 38119

  This Beautifully Renovated home is truly move-in ready, Offering the perfect blend of style and comfort from top to bottom. Step inside to find fresh paint throughout setting a bright, clean backdrop for every room. The Heart of the home is the stunning renovated kitchen, featuring a brand-new island, updated fixtures, and stylish new tile; all flowing Seamlessly into the open concept great room.

  Fred Sengstacke KAIZEN Realty, LLC

  6744 Bainbridge Dr, Memphis, TN 38119
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  /28

  $255,000

  $34K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,506 Sq Ft

  945 Faxon Ave, Memphis, TN 38105

  Welcome to this newly renovated 3-bedroom, 1.5-bathroom home offering comfort and style throughout. Inside, you’ll find fresh updates and well-sized bedrooms that provide plenty of space to relax and unwind. The thoughtful renovations give the home a bright, refreshed feel while maintaining a warm and inviting atmosphere. Step outside to enjoy the charming front porch—perfect for morning coffee

  Jeff Goff Keller Williams

  945 Faxon Ave, Memphis, TN 38105
• 

  

  /22

  $145,000

  $9K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,349 Sq Ft

  4445 Don St, Memphis, TN 38109

  Step into this beautifully refreshed 3-bedroom, 2-bath home in the heart of Memphis! Featuring new carpet, fresh paint, and an inviting updated screened in patio perfect for relaxing or entertaining, this home is move-in ready and full of charm. Enjoy a spacious layout with comfortable living areas and a backyard ideal for gatherings. Whether you’re a first-time buyer or looking to upgrade, this

  Tia Jennings Keller Williams

  4445 Don St, Memphis, TN 38109
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  /32

  $459,000

  $10K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 2,270 Sq Ft

  4611 Shady Grove Rd, Memphis, TN 38117

  Charming, well-maintained East Memphis brick home on a convenient street that offers incredible privacy and a surprisingly secluded feel with no immediate neighbors. This property exudes quality and fine attention to detail, featuring gorgeous hardwood floors, pegged hardwoods in the den, neutral paint, smooth ceilings, and spacious rooms throughout. One level floor plan with an updated kitchen

  Scott Perryman The Porter Group

  4611 Shady Grove Rd, Memphis, TN 38117
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  /34

  $339,900

  $20K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,948 Sq Ft

  166 S Holmes St, Memphis, TN 38111

  PRICE IMPROVEMENT - Adorable East Memphis home with a Cottage Feel - Fully Renovated and move-in ready - 2 Story Entry Foyer with staircase and stained glass windows - large Living Room with tall smooth ceilings and working gas fireplace - Dining Room overlooks a beautiful sunroom with lots of windows - Kitchen has been fully renovated with new gas stove, new water heater and disposal in 2025,

  Bob Geabhart Crye-Leike, Inc., REALTORS

  166 S Holmes St, Memphis, TN 38111
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  /16

  $269,000

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,339 Sq Ft

  294 Mcelroy Rd, Memphis, TN 38120

  This terrific location backing up to White Station Middle School sets the stage for this beautifully updated 3BR/2BA painted brick home. My smart and conscientious friend did a great job of making the home, which he inherited within the family, a new perfect showplace. Gleaming, newly refinished hardwood floors, a redesigned Kitchen with new appliances & countertops, one cute original bath in

  Jimmy Reed Marx-Bensdorf, REALTORS

  294 Mcelroy Rd, Memphis, TN 38120
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  /25

  $269,900

  $5K PRICE DROP

  • 5 Beds
  • 3 Baths
  • 3,000 Sq Ft

  5276 Cresser St, Memphis, TN 38116

  Welcome home to this beautifully designed 5-bedroom, 3-bathroom residence offering the perfect combination of space, comfort, and convenience. With a generous floor plan, this home provides plenty of room for growing families, multigenerational living, or anyone who loves to entertain. Step inside to discover spacious living areas, well-sized bedrooms, and a functional layout designed for

  Gene Adams Realty International, Inc.

  5276 Cresser St, Memphis, TN 38116
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  /24

  $219,800

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 2,100 Sq Ft

  2371 Parkway Place, Memphis, TN 38112

  Open House Sunday, August 30 from 2pm-5pm! Enjoy peace of mind with a brand-new roof backed by a 15-year warranty in this classic Craftsman-style Midtown home! 2,000+ square feet of living space, including a bonus room great as an in-home gym or game room, a charming sunroom, and tons of character throughout. Conveniently located minutes from Overton Square, Overton Park, the Memphis Zoo,

  Erin Cole Keller Williams

  2371 Parkway Place, Memphis, TN 38112
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  /32

  $210,000

  $30K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,457 Sq Ft

  4491 Garnett Rd, Memphis, TN 38117

  PRICED TO SELL! Turn-KEY Ready!! A thoughtfully updated home with very generously sized rooms throughout. The massive 27x12 master suite features a newly updated en-suite bathroom with a large walk-in shower and dual closets. The spacious guest bedroom also includes two closets for ample storage. Updated kitchen with new soft-close cabinetry that extends to the ceiling, gleaming granite

  Carlye Tulley eXp Realty, LLC

  4491 Garnett Rd, Memphis, TN 38117
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  /34

  $324,999

  $20K PRICE DROP

  • 6 Beds
  • 2 Baths
  • 2,588 Sq Ft

  1517 Court Ave, Memphis, TN 38104

  Rare investment opportunity in Memphis's Central Gardens area: a fully tenant-occupied duplex offering established rental income and true turnkey appeal. Built in 1910, offering approx. 2,588 SF with two spacious 3BR/1BA units, each with a combined living/dining layout and separate closed kitchen. Flooring mix of hardwood, LVP, tile, carpet, and laminate. Downstairs unit renovated with all-new

  Erica Martin Real Estate Agency

  1517 Court Ave, Memphis, TN 38104
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  /28

  $198,500

  $16K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,512 Sq Ft

  6042 Whisper Valley Dr, Memphis, TN 38141

  Charming 3 bedroom 2 bath home with fresh updates. The interior has been freshly painted in modern, neutral colors, creating a clean and inviting look. Inside, new luxury vinyl plank flooring runs through all main living spaces for style and durability, while the bedrooms feature plush new carpet and pad for comfort. The kitchen shines with new granite countertops. Thoughtful upgrades continue

  Camela Henke Enterprise, REALTORS

  6042 Whisper Valley Dr, Memphis, TN 38141
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  /3

  $5,000

  $1K PRICE DROP

  • Land
  • 4,356 Sq Ft
  • $50,000 per Acre

  142 W Davant Ave, Memphis, TN 38109

  Vacant level lot for sale, utilities available. Seller offering owner finance at $1,000 down and starting at $269 a month. Individually sold but part of package of lots. Buyer responsible for any endorsement fees.

  Virgil Pryor Harris Realty Services

  142 W Davant Ave, Memphis, TN 38109
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  /15

  $70,000

  $8K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,032 Sq Ft

  1752 Eldridge Ave, Memphis, TN 38108

  This 3-bedroom, 1-bathroom cottage in the 38108 zip code is the perfect candidate for a high-velocity portfolio addition. The home features partial renovations and is located in one of Memphis's most consistent rental submarkets. Priced to move quickly to a cash or non-contingent buyer. Seize the opportunity to finish the mechanicals and capture immediate equity. Cash or hard money preferred,

  Shae Roberts Advantage Property Management

  1752 Eldridge Ave, Memphis, TN 38108
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  /18

  $59,000

  $20K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,259 Sq Ft

  2352 Shasta Ave, Memphis, TN 38108

  Welcome to this charming newly built home featuring 3 bedrooms and 2 bathrooms, ideally located in a quiet neighborhood. All major work has been completed—just a few final touches remain! EVERYTHING IS NEW! Conveniently located near shopping, dining, schools, and major roadways. Whether you’re looking for your next home or an investment opportunity, this property offers plenty of potential. Don’t

  Anna Palazola Crye-Leike, Inc., REALTORS

  2352 Shasta Ave, Memphis, TN 38108
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  /14

  $285,000

  $14K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 2,820 Sq Ft

  6888 Kingham Cove, Memphis, TN 38119

  PRICED TO SELL! Welcome to 6888 Kingham Cove, a beautifully maintained 4-bedroom, 2.5-bath home nestled on a quiet cove in the heart of East Memphis. Offering approximately 2,820 square feet of living space, this home features updated bathrooms, new upstairs flooring, a spacious eat-in kitchen, and multiple living areas perfect for entertaining, working from home, or relaxing with family. Enjoy

  Shanequa Hardin Herenton Homes, LLC

  6888 Kingham Cove, Memphis, TN 38119
• 

  

  /23

  $84,900

  $15K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,110 Sq Ft

  3921 Raleigh Millington Rd, Memphis, TN 38128

  Welcome to 3921 Raleigh Millington Road, a property offering space, convenience, and potential in a well-established Memphis location. This home features a functional layout with comfortable living areas designed for everyday living and entertaining. Natural light fills the interior, creating a bright and inviting atmosphere throughout. The kitchen provides ample room for meal preparation and

  LaQuita Jordan Trelora Realty

  3921 Raleigh Millington Rd, Memphis, TN 38128
• 

  /2

  $85,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,018 Sq Ft

  3667 Moccasin Cove, Memphis, TN 38109

  Investor opportunity! This 3-bedroom, 1-bath brick home is situated in a quiet cove and offers an opportunity to add an income-producing property to your portfolio. The home features central HVAC and is currently tenant occupied through September 30, 2026, at $775 per month. Whether you're looking to expand an existing rental portfolio or acquire your next investment property, this property

  Shae Roberts Advantage Property Management

  3667 Moccasin Cove, Memphis, TN 38109
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  /20

  $235,000

  $70K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,444 Sq Ft

  2150 Vollintine Ave, Memphis, TN 38108

  PRICE IMPROVEMENT! Beautifully updated and meticulously maintained, this charming home is located in a highly sought-after, established historic neighborhood. Featuring rich hardwood floors and elegant tile throughout, the interior showcases tasteful color palettes that create a warm and inviting atmosphere. Enjoy excellent curb appeal and a spacious, fully fenced backyard with a large, level

  KaTrina Kelly-Isom 4 Success Realty, LLC

  2150 Vollintine Ave, Memphis, TN 38108
• 

  /2

  $3,000

  $7K PRICE DROP

  • Land
  • 3,049 Sq Ft
  • $42,857 per Acre

  1187 Wellington St, Memphis, TN 38106

  The neighborhood is characterized by quiet streets, mature trees, and a welcoming community, making it an excellent choice for both investment and personal use. This package deal includes lots 1191 S. Wellington and 443 Simpson. The lots combine over 9,000 sq.ft. of space. This deal won't last long. Bring your best offer.

  Stephanie Moss BEST Real Estate Company

  1187 Wellington St, Memphis, TN 38106
• 

  

  /22

  $149,900

  $5K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,474 Sq Ft

  3186 S Edgeware Rd, Memphis, TN 38118

  Lovely 4 bedroom 2 bathroom home that was just rehabbed! Home has several recent updates including: exterior wood repair, new interior paint, durable laminate flooring, new fixtures, central heat and air, plus updated bathrooms. FHA/ VA/ Conventional buyers welcome! Seller is willing to help with closing costs and offer a stove credit with an acceptable offer. Home qualifies for special $100%

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3186 S Edgeware Rd, Memphis, TN 38118
• 

  

  /23

  $119,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,470 Sq Ft

  4998 Penwood Cove, Memphis, TN 38118

  Beautifully maintained 3-bedroom, 2-bath home nestled in a quiet cove in Memphis! This charming property features a spacious living area, functional kitchen with ample cabinet space, comfortable bedrooms, and an attached 2-car garage. Conveniently located near shopping, dining, schools, and major roadways.

  LaQuita Jordan Trelora Realty

  4998 Penwood Cove, Memphis, TN 38118
• 

  

  /3

  $99,900

  $25K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 971 Sq Ft

  3302 N Watkins St, Memphis, TN 38127

  Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $1005/month. The lease ends on 4/30/2027. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3302 N Watkins St, Memphis, TN 38127
• 

  

  /24

  $249,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,554 Sq Ft

  1023 Hunters Point Dr, Cordova, TN 38018

  Ready to stop renting and start building equity? This move-in-ready Cordova home may be the opportunity you've been waiting for, with special financing options potentially available for qualified buyers. Owned and cared for by the same family for more than 30 years, the home features fresh paint, new carpet, genuine hardwood floors, warm wood accents, and a renovated primary bath with a skylight.

  Kathy Krueger Coldwell Banker Collins-Maury Southaven

  1023 Hunters Point Dr, Cordova, TN 38018

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