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Price Reduced Homes for Sale in Memphis, TN

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  • /26

    $259,900

    $40K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 2,274 Sq Ft

    2006 Felix Ave, Memphis, TN 38104

    3 Bedroom 2 Bath Bungalow with huge front porch in Cooper Young. Detached garage with 1 bedroom/1 bath apartment above.~ Lovely Hardwoods and High Ceilings. All New Plumbing thruout house & from Street. Being sold AS-IS~ Some of the Images in this listing have been digitally altered.

    Scott Housewirth Crye-Leike Inc., REALTORS

    2006 Felix Ave, Memphis, TN 38104
  • /3

    $479,900

    $45K PRICE DROP
    • Land
    • 3.55 Acres
    • $135,183 per Acre

    4104 Austin Peay Hwy, Memphis, TN 38128

    Location: East side of Austin Peay Hwy, approximately 489 ft south of Egypt Central Rd, Memphis, TN Total Site: ~ 3.55 acres (combined with adjacent parcel) CMU-2 (Commercial Mixed-Use 2), Development / commercial land This corridor is less than a mile from Methodist North Hospital and sits along a busy commercial route with significant traffic volume. 23,000 vehicles per day, giving the site

    Nataraja Krishnaraju Crye-Leike, Inc., REALTORS

    4104 Austin Peay Hwy, Memphis, TN 38128
  • /14

    $119,900

    $10K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,494 Sq Ft

    3505 Coleman Rd, Memphis, TN 38128

    Don’t miss this inviting 1-story home featuring 3 bedrooms, a 1-car attached carport, and a comfortable, functional layout. The living room features a fireplace, creating a cozy space for relaxing or entertaining. Enjoy the enclosed back porch overlooking a spacious fenced backyard with plenty of room for outdoor activities. Schedule your showing today! One or more photos may have been virtually

    Adam Woodring Mainstay Brokerage, LLC

    3505 Coleman Rd, Memphis, TN 38128
  • /6

    $89,000

    $10K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 720 Sq Ft

    1986 Dupont Ave, Memphis, TN 38127

    INVESTORS ONLY! Tenant occupied property that would make an excellent addition to your portfolio. Renovated in August 2026 and rented for $835/month to a tenant that moved in 9/1/2026. Lease is secured until 8/31/2027. Roof and water heater were replaced in 2020. Brand new HVAC installed in December 2023. Professional management in place, nothing to do but pick it up and start collecting rent! No

    Jeremy Veldman KAIZEN Realty, LLC

    1986 Dupont Ave, Memphis, TN 38127
  • /24

    $114,900

    $10K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,880 Sq Ft

    3954 Chelsea Hill Dr, Memphis, TN 38128

    Don't miss this inviting 1.5-story home featuring 3 bedrooms and a comfortable, functional layout with plenty of living space. A fireplace adds a cozy touch to the main living area, while the 2-car carport provides convenient covered parking. With 1,880 square feet of living space, this home offers plenty of room for everyday living and entertaining. Schedule your showing today! One or more

    Michelle Woodland Mainstay Brokerage, LLC

    3954 Chelsea Hill Dr, Memphis, TN 38128
  • /12

    $79,000

    $1K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 854 Sq Ft

    4530 Beacon Hill Dr, Memphis, TN 38127

    Why rent when you can own? This well-maintained one-level home offers an affordable opportunity to enjoy the benefits of home ownership without taking on a major renovation project. The spacious layout is designed for everyday living, with durable new luxury vinyl plank flooring in the main living areas and plenty of natural light throughout. The kitchen has been refreshed with new cabinets and

    Melissa Blume Thompson eXp Realty

    4530 Beacon Hill Dr, Memphis, TN 38127
  • /2

    $68,500

    $3K PRICE DROP
    • Land
    • 10,018 Sq Ft
    • $297,826 per Acre

    8259 Rockcreek Pkwy, Memphis, TN 38016

    Ready for your new home. Quick closing and zoned for suburban home.

    Marceline Williams LPT Realty, LLC

    8259 Rockcreek Pkwy, Memphis, TN 38016
  • /27

    $139,900

    $8K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,456 Sq Ft

    4386 Melwood St, Memphis, TN 38109

    Looking for a move-in ready home with updates, space, and exciting growth all around? This beautifully updated 4-bedroom, 2-bath home in the heart of Westwood is one you don't want to miss! Renovated kitchen, Updated bathrooms Brand new roof, Spacious floor plan Huge yard perfect for entertaining, gardening, or family gatherings Covered parking for added convenience Location Highlights: Situated

    Cassandra Bell-Warren 4 Success Realty, LLC

    4386 Melwood St, Memphis, TN 38109
  • /15

    $142,900

    $12K PRICE DROP
    • 4 Beds
    • 1 Bath
    • 1,252 Sq Ft

    1706 Echles St, Memphis, TN 38111

    Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No wholesaler or assignment of contract offers will be accepted. Rent-ready. A new dishwasher and stove are soon to be installed.

    Dean Harris CrestCore Realty MphsBrokerage

    1706 Echles St, Memphis, TN 38111
  • /16

    $219,000

    $10K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,907 Sq Ft

    831 N Avalon St, Memphis, TN 38107

    Charming home located in Vollintine Evergreen* 3 Bedrooms 2.1 Baths * Formal Living & Dining Room* Kitchen with Breakfast room and Large pantry *Huge bonus room up with half bath can be used as a 2nd Primary* Hardwood throughout* Washer/Dryer/Refrigerator remain* Central heat & air* Fenced yard*

    Crystal Mitchell Crye-Leike Inc., REALTORS

    831 N Avalon St, Memphis, TN 38107
  • /3

    $119,900

    $30K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,344 Sq Ft

    961 N Highland St, Memphis, TN 38122

    Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No wholesaler or assignment of contract offers will be accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    961 N Highland St, Memphis, TN 38122
  • /40

    $415,000

    $13K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 3,306 Sq Ft

    6117 Yorkhill Dr, Memphis, TN 38135

    Spacious home located in the heart of Bartlett! Enjoy sought after Bartlett Schools, along with a spacious yard & amazing neighborhood. This home features separate living room, dining room, downstairs office & kids playroom w/built in fort downstairs, along with an additional upstairs bonus room w/separate staircase. Large kitchen w/island, granite countertops, tile backsplash, new cooktop &

    Jessica Brown REMAX Experts

    6117 Yorkhill Dr, Memphis, TN 38135
  • /12

    $99,900

    $25K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,105 Sq Ft

    3463 Tutwiler Ave, Memphis, TN 38122

    Expand your investment portfolio with this excellent rental opportunity. Situated in a desirable rental market, this property offers convenient access to shopping, dining, major employers, and other local amenities. Please note that wholesale offers and contract assignments will not be considered.

    Dean Harris CrestCore Realty MphsBrokerage

    3463 Tutwiler Ave, Memphis, TN 38122
  • /26

    $215,000

    $6K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,189 Sq Ft

    774 E Prescott Cir, Memphis, TN 38111

    Ready for its next owner! Just minutes from the University of Memphis, this property offers flexibility, value, and income potential all in one package. Featuring a 2 bed / 1 bath main home plus a detached studio/in-law suite complete with its own kitchen and bathroom, it's ideal for investors, house hackers, or anyone looking for extra space. The property includes separate living quarters, an

    Juan Torres Fast Track Realty, LLC

    774 E Prescott Cir, Memphis, TN 38111
  • /13

    $210,000

    $26K PRICE DROP
    • 4 Beds
    • 1,725 Sq Ft

    155 N Merton St, Memphis, TN 38112

    Fully renovated duplex offering an excellent turnkey investment opportunity. Renovated in 2023, this property features two 2-bedroom, 1-bath units with a total of 1,725 SF. Providing immediate rental income totaling $2,235 per month. Built in 1947 and updated with modern finishes while maintaining its character. A great opportunity to add a cash-flowing property to your investment portfolio.

    Jonathan Minerick homecoin.com

    155 N Merton St, Memphis, TN 38112
  • /19

    $74,900

    $5K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,043 Sq Ft

    5037 Blacksmith Dr, Memphis, TN 38127

    Charming 3-bedroom, 1-bath home in Memphis featuring a functional layout with comfortable living spaces and updated flooring that includes wood laminate and carpeted areas. The kitchen offers convenient access to the dining and living areas, creating an easy flow for everyday living. Spacious bedrooms provide flexibility for family, guests, or a home office. The property includes public water and

    Carl Purifoy Trelora Realty

    5037 Blacksmith Dr, Memphis, TN 38127
  • /15

    $269,900

    $10K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,562 Sq Ft

    6793 Coral Hill Dr, Memphis, TN 38135

    Charming 4-bed, 2-bath home in Bartlett offering ~1,500+ sq ft of comfortable living. Features a spacious layout with living area, den, dining room, and cozy fireplace. Recently updated with modern touches, plus a large backyard on a generous lot—perfect for relaxing or entertaining. Located in the established Easthill community.

    Karen Walker Epique Realty

    6793 Coral Hill Dr, Memphis, TN 38135
  • /29

    $230,000

    $10K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,675 Sq Ft

    871 S Yates Rd Unit 1, Memphis, TN 38120

    Welcome home to this beautifully maintained condominium in the East Memphis gated community of Yates Village. This move-in-ready home features fresh interior paint and brand-new carpet throughout. The kitchen comes fully equipped with a refrigerator, stove, dishwasher, microwave, washer, and dryer—all included. The spacious living room and bedroom each feature a mounted TV that will remain with

    Theresa Lucas C21 Patterson & Assoc. Real Es

    871 S Yates Rd Unit 1, Memphis, TN 38120
  • /27

    $300,000

    $5K PRICE DROP
    • 5 Beds
    • 5 Baths
    • 3,000 Sq Ft

    383 Shofner Ave, Memphis, TN 38109

    A must see beautiful custom renovated 2 story hm. Open concept, Natural lighting LR,DR,DEN great for entertaining. Stunning modern eat in kitchen. BN Rm/office. All Appliances stay. LG gate backyard with Deck/Patio. Appt Broker Bay Owner occupied (1hr notice when book) NO SHOES WHEN SHOWING Shoe covers are provided by sales. HOME SOLD AS IS! OPEN HOUSE JUNE 14TH from 2 to 4pm

    Dinah Slaughter Harris Realty Services

    383 Shofner Ave, Memphis, TN 38109
  • /11

    $91,900

    $5K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 936 Sq Ft

    160 Silverage Ave, Memphis, TN 38109

    Welcome to this beautifully renovated 3-bedroom, 2-bathroom home where modern upgrades meet effortless living. Every detail has been thoughtfully refreshed, from sleek new cabinetry and stylish flooring to bright, open living spaces designed to feel warm and inviting. Enjoy fully updated bathrooms, afresh contemporary color palette, and a clean, move-in-ready finish that appeals to today’s

    Jonathan Nunez Fast Track Realty, LLC

    160 Silverage Ave, Memphis, TN 38109
  • /40

    $390,000

    $20K PRICE DROP
    • 5 Beds
    • 2.5 Baths
    • 3,914 Sq Ft

    3779 Mendel Dr, Memphis, TN 38135

    $10,000 in buyers closing expenses!!! Need a home with LOTS of space without breaking the bank? This one delivers! Located in the Gailyn Ridge subdivision, this 5-bedroom home offers an incredible amount of square footage and flexibility at a price that’s hard to beat. With a large sunroom/flex space, formal dining room, massive great room, and dedicated office, there’s room for everyone and

    Alissa Dunn Coldwell Banker Collins-Maury

    3779 Mendel Dr, Memphis, TN 38135
  • /35

    $395,000

    $45K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 2,887 Sq Ft

    3264 Patricia Ellen Dr, Memphis, TN 38133

    The one buyers keep asking for: one level living, split floor plan, no expensive surprises. Newer roof and $25k in new windows on front of house. Freshly painted interior and functional layout that offers privacy and easy everyday living. Big ticket improvements are already handled with a new roof + upgraded roof decking, gutter guards, an abundance of insulation added, and new windows along

    Sarah Flack The Firm

    3264 Patricia Ellen Dr, Memphis, TN 38133
  • /15

    $116,000

    $20K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,215 Sq Ft

    855 Dickinson St, Memphis, TN 38107

    Super cute 2 Bedroom 1 bath on very large corner lot. Brick exterior, lovely wide front porch~ Hardwood floors~ Newer Central Heat and air and windows~~This property may qualify for Seller Financing (Vendee)OWNED BY THE SECRETARY OF VETERAN AFFAIRS. If property was built prior to 1978, Lead Based Paint Potentially Exists.

    Scott Housewirth Crye-Leike Inc., REALTORS

    855 Dickinson St, Memphis, TN 38107
  • /40

    $378,900

    $6K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 2,256 Sq Ft

    32 S Century St, Memphis, TN 38111

    Nestled on an idyllic, tree-lined street, 32 S Century St. stands out above other homes with its custom-tailored kitchen renovation, classically remodeled bathrooms, large rooms throughout and flex spaces for entertaining and relaxing. Fenced in backyard with a gated driveway and carport. Come see this East Memphis gem. This home qualifies for lower interest rates and free down payment money

    Stephanie Robinson Hobson, REALTORS

    32 S Century St, Memphis, TN 38111
  • /20

    $69,900

    $10K PRICE DROP
    • 2 Beds
    • 1.5 Baths
    • 1,008 Sq Ft

    2814 E Hickory Bluff, Memphis, TN 38128

    Don’t miss this 2-bedroom townhouse offering a functional layout and a great opportunity to add your own personal touches. The main living area provides a comfortable space for relaxing or entertaining, while the kitchen features a convenient breakfast bar with additional seating and workspace. With a practical floor plan and plenty of potential, this home is ready for updates and TLC to restore

    Adam Woodring Mainstay Brokerage, LLC

    2814 E Hickory Bluff, Memphis, TN 38128
  • /39

    $329,850

    $21K PRICE DROP
    • 7 Beds
    • 6 Baths
    • 3,934 Sq Ft

    2417 Jackson Ave, Memphis, TN 38108

    Price reduced! Lease Purchase with 10% down, INCOME PRODUCING PROPERTY. Rare mixed-use corner property in the heart of Midtown Memphis offering exceptional flexibility for investors, business owners, & owner-occupants with rental income. May Qualify for the First Time Home Buyers Program with down payment assistance. This fully renovated property consists of two units totaling approximately 3,934

    Helen Jackson Good Shepherds Realty & Invest

    2417 Jackson Ave, Memphis, TN 38108
  • /12

    $125,000

    $10K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,011 Sq Ft

    5255 Broken Oak Dr, Memphis, TN 38127

    Cash-flow property: Completed renovated from top to bottom, everything rebuilt in 2024. Reliable tenant pays $1350/mo since Jan 2025. Quiet safe neighborhood. No city taxes! Owner is licensed agent. Do not disturb tenant.

    Jimmy Skefos Bel Air Properties, Inc.

    5255 Broken Oak Dr, Memphis, TN 38127
  • /19

    $174,900

    $5K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,894 Sq Ft

    894 Mississippi Blvd, Memphis, TN 38126

    Completely renovated from top to bottom, this move-in ready 4 bedroom, 2 bath home blends modern style with everyday comfort. Enjoy peace of mind with a new roof and new windows, along with quality updates throughout. The open concept layout creates an inviting space for entertaining and everyday living. The stunning kitchen features quartz countertops, a large island, designer lighting, and

    Jonathan Nunez Fast Track Realty, LLC

    894 Mississippi Blvd, Memphis, TN 38126
  • /7

    $74,900

    $15K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,145 Sq Ft

    3814 Windcrest Rd, Memphis, TN 38116

    The home features a functional layout with well-proportioned living spaces designed for comfort and everyday use. Interior areas provide flexibility for a variety of furnishing and design preferences, allowing buyers to tailor the space to their needs. The exterior includes a residential lot with outdoor potential for landscaping, recreation, or future improvements. Convenient access to major

    LaQuita Jordan Trelora Realty

    3814 Windcrest Rd, Memphis, TN 38116
  • /37

    $699,900

    $150K PRICE DROP
    • 5 Beds
    • 8 Baths
    • 6,408 Sq Ft

    470 Walnut Point Cove, Cordova, TN 38018

    Stunning five-bedroom, six full bath, two half bath brick home with all huge rooms with a lot of style and charm. Huge kitchen with huge island, large built-in bar off kitchen, two large farm sink and an eight-burner gas KitchenAid cooktop this is a kitchen chef's dream. Huge primary bedroom with large bath and huge custom walk-in closet with closet island. 21x20 two story entry hall. Large

    James Walker REMAX Experts

    470 Walnut Point Cove, Cordova, TN 38018
  • /17

    $112,800

    $12K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 910 Sq Ft

    3589 Covington Pike Unit 116, Memphis, TN 38128

    BEAUTIFUL! 55+ Independent Living, Gated Condo Community +ATRIUM! 2 BR/ 2 BA, END UNIT, completely updated with new paint, granite counters, flooring, baths and appliances. Desirable FIRST FLOOR (Pet Friendly!), gorgeous window and patio views, one step outside into wooded picnic area. Close and easy access to private parking, same floor laundry and trash disposal. Amenities INCLUDE: 24/7 on-duty

    Michael Bryan Bryan Realty Group

    3589 Covington Pike Unit 116, Memphis, TN 38128
  • /23

    $174,900

    $10K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,424 Sq Ft

    222 Leath St, Memphis, TN 38105

    Price drop..A Great Investment Opportunity. If you're looking for your next project this is it. Downtown location near the medical district with lots of opportunity. In the center of everything you would need. The opportunities currently in downtown consist of downtown revitalization, historic renovations, and the potential for high-yield, residential, or commercial projects in a

    Lisa Nelson Exit Wise Master-Builders Real

    222 Leath St, Memphis, TN 38105
  • /2

    $69,000

    $5K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 968 Sq Ft

    1715 Whitney Ave, Memphis, TN 38127

    Fantastic Frayser Investment Opportunity on a Sprawling Lot! Investors and savvy buyers, don't miss out on 1715 Whitney Avenue! This solid 1949-built detached single-family home features 2 comfortable bedrooms, 1 bathroom, and a functional 5-room layout stretching across 968 sq. ft. of living space. A massive selling point for this property is the incredible 0.40-acre lot ($100 \times 175$ ft),

    Curtis Bleeker KAIZEN Realty, LLC

    1715 Whitney Ave, Memphis, TN 38127
  • /10

    $150,000

    $35K PRICE DROP
    • 10 Beds
    • 3,301 Sq Ft

    488 Laclede Ave, Memphis, TN 38126

    Well kept and effecient 10 bedroom rooming house. Currently vacant but sellers have tenants on stand by.

    Christopher Batts C21 Patterson & Assoc. Real Es

    488 Laclede Ave, Memphis, TN 38126
  • /21

    $305,000

    $33K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,542 Sq Ft

    251 S Holmes St, Memphis, TN 38111

    MOTIVATED SELLER!!! Step into timeless charm with this beautiful 1940's - built home located in the heart of Memphis. This home is filled with decades of character. This property showcases many of the classic architectural details that make historic homes so special. Original hardwood floors, graceful arched doorways, and spacious living areas that creates a warm and inviting atmosphere full of

    Lizette Salameh BHHS McLemore & Co., Realty

    251 S Holmes St, Memphis, TN 38111
  • /29

    $319,975

    $5K PRICE DROP
    • 3 Beds
    • 3.5 Baths
    • 1,980 Sq Ft

    616 Denmark Dr Unit 106, Memphis, TN 38103

    Enjoy added peace of mind with a 1% mortgage-rate buydown, 1-year home warranty, and a 12-month Satisfaction Guarantee—love this home, or we’ll sell it for free!* Ask for full details. This three-story modern condo features three bedrooms, three-and-a-half bathrooms, a 2-car private garage, private dog park, and three private balconies. The primary suite offers a walk-in closet and a luxurious

    Joshua Hisaw Keller Williams

    616 Denmark Dr Unit 106, Memphis, TN 38103
  • /36

    $225,000

    $45K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 2,294 Sq Ft

    3280 Carnes Ave, Memphis, TN 38111

    Great investment opportunity!!! Fully renovated and move-in ready, this spacious home at 3280 Carnes offers 4 bedrooms plus a bonus room that could easily serve as a 5th bedroom. With two full bathrooms downstairs and a convenient half bath upstairs, the layout provides flexibility for families, guests, or work-from-home needs. Recent updates include fresh interior paint, new windows, and two

    Eric Earles Fast Track Realty, LLC

    3280 Carnes Ave, Memphis, TN 38111
  • /20

    $95,000

    $10K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 899 Sq Ft

    4150 Windermere Rd, Memphis, TN 38128

    Don't miss this inviting 1-story home featuring 3 bedrooms, 1 bathroom, and a 1-car attached carport with a functional layout designed for comfortable everyday living. The spacious living areas offer plenty of room to relax or entertain, while the well-designed floor plan provides flexibility to fit your needs. With its great potential and opportunity to add your personal touches, this home is

    Vicki Testerman Mainstay Brokerage, LLC

    4150 Windermere Rd, Memphis, TN 38128
  • /12

    $49,500

    $23K PRICE DROP
    • Land
    • 1.83 Acres
    • $27,049 per Acre

    00 Raleigh Millington Rd, Memphis, TN 38128

    Almost 2 acres in a great location.

    Alex Da Ponte Sowell, Realtors

    00 Raleigh Millington Rd, Memphis, TN 38128
  • /27

    $989,000

    $160K PRICE DROP
    • 4 Beds
    • 4.5 Baths
    • 4,600 Sq Ft

    217 W Goodwyn St, Memphis, TN 38111

    Built by renowned builder Hank Hill in 2003, this exceptional Tudor is everything you’ve been waiting for in sought-after Chickasaw Gardens! Offering approximately 4,600 square feet, this home features soaring 12-foot ceilings in both the living and dining rooms, abundant natural light, and hardwood floors throughout. The open kitchen boasts granite countertops, stainless steel appliances, and

    Lynda Baddour Ware Jones, REALTORS

    217 W Goodwyn St, Memphis, TN 38111

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