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Memphis, TN Short Sale Homes for Sale

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    $348,999

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

    1064 Philadelphia St, Memphis, TN 38104

    INVESTOR ALERT & VA LOAN ADVANTAGE! Assumable VA loan at 5.5%! Short Sale. Outstanding value in the Cooper Young Historic District. Newer-build home. Low-maintenance, move-in ready, and filled with Midtown charm, this property suits both value-conscious first-time buyers and investors pursuing strong rental yield near desirable city amenities. Come enjoy one of Memphis’s most sought-after

    Erica Martin Real Estate Agency

    1064 Philadelphia St, Memphis, TN 38104
  • /2

    $240,000

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

    1999 Peabody Ave, Memphis, TN 38104

    This is an attempt at a short sale. This is an investor special. The home needs some work. The work is "almost" exclusively cosmetic though. If you are looking for a fixer upper than this one may be just what you are looking for. ask your agent for interior pictures from the last sale to see what the property looked like in good condition. Cash or conventional loans only. Will not go FHA or VA

    Jaime Osborn Weichert, REALTORS-BenchMark

    1999 Peabody Ave, Memphis, TN 38104
  • /15

    $280,000

    • 3 Beds
    • 2 Baths
    • 1,536 Sq Ft

    1600 Estate Dr, Memphis, TN 38119

    Currently rented for $1850 a month through September 2026. Renovated tastefully home greets you with fantastic curb appeal. HOME FEELS MUCH BIGGER THAN LISTED SQ FT, you'll find an inviting open floor plan featuring 3 bedrooms and 2 full baths. Recent updates include a brand-new roof, a new fence, new windows, a new HVAC system, and beautifully updated bathrooms. The home boasts gleaming hardwood

    Eric Bell REMAX Experts

    1600 Estate Dr, Memphis, TN 38119
  • /2

    $135,000

    • 4 Beds
    • 1.5 Baths
    • 2,064 Sq Ft

    342 N Mcneil St, Memphis, TN 38112

    Fix and Flip located in Historic Evergreen neighborhood. LOCATION LOCATION LOCATION! Investor opportunity! Conveniently located between Crosstown Concourse and Overton Park. Property sold AS IS. No blind offers, no wholesalers, no creative financing. Video of the property upon request. Note: appliances are NOT included in sale

    Kevin Woods Crye-Leike, Inc., REALTORS

    342 N Mcneil St, Memphis, TN 38112
  • /17

    $184,000

    • 4 Beds
    • 2 Baths
    • 1,800+ Sq Ft

    4551 Tammy Ln, Memphis, TN 38116

    Welcome to a spacious 4-bedroom, 2-bath home offering ~1,865 sq. ft. of comfortable living. Built in 1964, this classic brick-veneer residence sits on a generous 0.35-acre lot with carport parking and a large driveway. Inside, enjoy a traditional floor plan highlighted by a cozy fireplace, flexible living spaces, and hardwood/laminate flooring. The expansive lot offers room for gardening, outdoor

    Stephanie Bobo Crye-Leike, Inc., REALTORS

    4551 Tammy Ln, Memphis, TN 38116
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    $585,000

    • 5 Beds
    • 3.5 Baths
    • 3,800+ Sq Ft

    9325 Beaver Valley Ln, Cordova, TN 38018

    Now a short sale! Welcome to this stunning home located in the prestigious Randle Woods subdivision! Serene oasis backyard w/ sparkling in ground pool! Perfect for entertaining! No city taxes! 5 Bedrooms/ 3.5 Baths, Huge kitchen w/ island, Separate spacious Living Room & Hearth Room, Gleaming hardwood floors, 2 new Carrier AC units, 2 new iron front & side doors, new main pool pump, new attic

    Myles Wilson Keller Williams

    9325 Beaver Valley Ln, Cordova, TN 38018

Home Trends in Memphis, TN

Housing Trends

Median Sale Price
$200,000
Median Single Family Sale Price
$200,000
Median Townhouse Sale Price
$397,000
Median 2 Bedroom Sale Price
$154,000
Median 1 Bedroom Sale Price
$143,500
Average Price Per Sq Ft
$133
Number of Homes for Sale
2,142
Last 12 months Home Sales
6,138
Months of Supply
4.20
Median List Price
$210,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
6%
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