Memphis, TN Homes for Sale under $100,000

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  /20

  $97,000

  $18K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,000 Sq Ft

  1075 Kney St, Memphis, TN 38107

  This is a perfect starter home / Investment property. Home has been renovated and is move in ready! 3 bedrooms/1 bathroom. First month's rent waived!! Book a tour today!

  

  Leaser Coleman

  Empire Realty, LLC

  1075 Kney St, Memphis, TN 38107
• Explore Memphis

• 

  

  

  /18

  $67,900

  $2K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,140 Sq Ft

  3981 Grahamdale Cir Unit 3981B, Memphis, TN 38122

  Welcome to market 3981 Grahamdale Circle in the Grahamwood community. This low-maintence 2-bedroom, 2-bath home offers 1140 square feet of functional living space. Rentals are permitted, offering flexibility for owner-occupants or investors seeking income potential. This semi open concept floorplan features a spacious living room and dining room combo with a cozy fireplace, breakfast bar and

  

  Raychel Day

  Renshaw Company, REALTORS

  3981 Grahamdale Cir Unit 3981B, Memphis, TN 38122
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  /14

  $78,500

  • 1 Bed
  • 1 Bath
  • 667 Sq Ft

  635 Patterson St Unit 4, Memphis, TN 38111

  Why rent when you can own! Call for financing options. Walking distance to the University of Memphis and local resturants. Upstairs units. 1 bedroom/1 bath. Bedroom and living area is spacious. Sliding door with outside patio area. Parking spaces included. Laundry facilities at complex. Condo fees only $130/mo. HOA replaces all this roofs and repaved the parking lot in 2025.

  

  Scott Carrier

  Keller Williams

  635 Patterson St Unit 4, Memphis, TN 38111
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  /15

  $84,901

  $8K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 825 Sq Ft

  1633 Orr St, Memphis, TN 38108

  Check out this cute move in ready 2 bedroom home! Perfect for an owner occupant or an investor. No seller financing. No assignable offers.

  

  Walter Jones

  BEST Real Estate Company

  1633 Orr St, Memphis, TN 38108
• 

  

  /2

  $95,000

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,008 Sq Ft

  1541 Patton St, Memphis, TN 38106

  This home has been renovated and is move in ready! This would make a nice first time buyer home. Three bedrooms and two bathrooms.

  

  Leaser Coleman

  Empire Realty, LLC

  1541 Patton St, Memphis, TN 38106
• 

  

  /18

  $77,900

  $2K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,344 Sq Ft

  3967 Grahamdale Cir Unit 3967B, Memphis, TN 38122

  Welcome to market 3967 Grahamdale Circle in the Grahamwood community. This low-maintence 3-bedroom, 2-bath home offers 1344 square feet of functional living space. Rentals are permitted, offering flexibility for owner-occupants or investors seeking income potential. This semi open concept floorplan features a spacious living room and dining room combo with a cozy fireplace, breakfast bar kitchen,

  

  Raychel Day

  Renshaw Company, REALTORS

  3967 Grahamdale Cir Unit 3967B, Memphis, TN 38122
• 

  

  /25

  $96,550

  • 1 Bed
  • 1 Bath
  • 710 Sq Ft

  2277 Union Ave Unit 206, Memphis, TN 38104

  Generous room sizes, premium recent updates, and a prime Midtown location make this well-maintained condominium at The Mayfair an appealing option for buyers seeking low-maintenance living. Unlike many units, the spacious rooms provide flexibility for larger furniture or a home office. Major updates include a brand-new, energy-efficient dual-zone ductless mini-split HVAC system (2026) with a

  

  Edwin Scruggs

  BHHS Taliesyn Realty

  2277 Union Ave Unit 206, Memphis, TN 38104
• 

  

  /13

  $79,900

  • 3 Beds
  • 1 Bath
  • 1,022 Sq Ft

  498 Tuton Cove, Memphis, TN 38109

  Calling all investors and handy homeowners! This property offers incredible potential with only minimal work needed to make it shine. Whether you're looking to add a valuable asset to your investment portfolio or create your dream home, this is the opportunity you've been waiting for. Bring your vision and creativity—this home is a blank canvas ready for your personal touch. Don't miss your

  

  Jo Mathes

  Pinnacle Realty

  498 Tuton Cove, Memphis, TN 38109
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  /2

  $47,000

  $8K PRICE DROP

  • 2 Beds
  • 1 Bath

  2001 Belmar St, Memphis, TN 38106

  Great for investors. Roof is under 2 years of age. Property vacant so just go and show.

  

  Nicole Sykes

  The Home Partners Realty

  2001 Belmar St, Memphis, TN 38106
• 

  

  /4

  $25,000

  • Land
  • 1.93 Acres
  • $12,953 per Acre

  1307 W Raines Rd, Memphis, TN 38109

  Take a look at this parcel of land the possibilities are unlimited the land is walkable and can be cleared off ! build your dream home or build multiple homes your choice drive by and take a look and start planning. Need a builder let me know. Drive by and call me for details

  

  Frances Anderson

  Crye-Leike, Inc., REALTORS

  1307 W Raines Rd, Memphis, TN 38109
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  /6

  $90,000

  $5K PRICE DROP

  • Land
  • 2,613 Sq Ft
  • $1,500,000 per Acre

  1394 Club Gardens Place, Memphis, TN 38104

  Recently developed Luxury Gated Townhome Community located in the heart of Midtown Memphis. Lots 1 and 2 are sold together listed at $90,000 each and selling for a total Sales Price of $180,000.00. Street Addresses are 1394 Club Gardens for LOT 1 and 1396 Club Gardens for LOT 2. Subdivision Restrictions require the homes on Lot 1 and Lot 2 to be constructed at the same time. See Plans attached in

  

  Skip Miller

  Morris Realty & Auction, LLC

  1394 Club Gardens Place, Memphis, TN 38104
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  /37

  $30,000

  $12K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,108 Sq Ft

  2157 Wabash Ave, Memphis, TN 38114

  AS IS Sale-Calling all Investors and Flippers! This 3-bedroom, 1.5-bath home is packed with potential and located on a quiet dead-end street, offering privacy and minimal traffic. Perfect for your next renovation project or buy-and-hold investment. This property needs work but has solid upside for the right buyer. Home features One Full Bath + 1 Half Bath, located on Quiet Dead End Street, Great

  

  Tara Woodley

  Zach Taylor Real Estate

  2157 Wabash Ave, Memphis, TN 38114
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  /2

  $46,000

  • 2 Beds
  • 2 Baths
  • 1,079 Sq Ft

  4721 Queens Lace Ct Unit 56, Memphis, TN 38118

  Motivated seller! Bring all offers! This nice 2-bedroom, 2-bathroom condo offers a spacious and functional layout. The unit features an open living room and dining room area, kitchen, in-unit laundry, and ample natural light throughout. Both bedrooms are generously sized. Property need some work.

  

  Vashti Parson

  C21 Patterson & Assoc. Real Es

  4721 Queens Lace Ct Unit 56, Memphis, TN 38118
• 

  /2

  $4,000

  • Land
  • 6,969 Sq Ft
  • $25,000 per Acre

  358 E Lucy Ave, Memphis, TN 38106

  

  Africa McCloy

  Crye-Leike, Inc., REALTORS

  358 E Lucy Ave, Memphis, TN 38106
• 

  

  /10

  $99,901

  • 3 Beds
  • 1 Bath
  • 895 Sq Ft

  4215 Boyce Ave, Memphis, TN 38111

  Amazing opportunity under 100K. Why rent when you can own? 3 bedroom 1 bath home in then heart of 38111. Equal housing opportunity. Se habla espanol.

  

  Pablo Pereyra

  901, REALTORS

  4215 Boyce Ave, Memphis, TN 38111
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  /10

  $99,901

  • 3 Beds
  • 1.5 Baths
  • 1,139 Sq Ft

  3183 Benjestown Rd, Memphis, TN 38127

  Rare investment opportunity to buy under 100K. Currently rented through 2027. Recently updated and renovated. Property is being offered as a package of 3 properties, all under 100K each.

  

  Pablo Pereyra

  901, REALTORS

  3183 Benjestown Rd, Memphis, TN 38127
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  /3

  $100,000

  • 4 Beds
  • 2 Baths
  • 1,901 Sq Ft

  3562 Fuller Rd, Memphis, TN 38118

  INVESTORS ONLY!! DO NOT DISTURB TENANT. Nice 4/2 sits on two lots currently rented for $1150/months. House is in great condition. Showings only with an accepted offer. Tenant is month to month. No wholesalers, no assignments, no creative financing or subject to offers please. Seller also selling 1023 Springdale, 1373 Semmes unit 2 & 766 Los Angeles (Can buy individually or in bulk).

  

  Charlene Bailey

  Bespoke Realty

  3562 Fuller Rd, Memphis, TN 38118
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  /2

  $90,000

  • 2 Beds
  • 1 Bath
  • 846 Sq Ft

  3438 Ardmore St, Memphis, TN 38127

  Welcome to 3438 Ardmore Ave in Memphis—a charming home with thoughtful updates and move-in ready appeal. This property features freshly painted cabinets that brighten the kitchen and living space, along with a brand new AC unit installed in July 2025, providing comfort and efficiency for years to come. A great opportunity for homeowners or investors looking for a well-maintained Memphis property

  

  Caleb Hall

  Keller Williams

  3438 Ardmore St, Memphis, TN 38127
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  /2

  $95,000

  • 2 Beds
  • 1 Bath
  • 922 Sq Ft

  552 Stanley Dr, Memphis, TN 38122

  Great investment property. Sold in "As Is" condition. 2 Bed, 1 bath, original hardwood floors. Sun/office room could be an addition bedroom? Fenced in large backyard. Carport and HUGE SHOP / storage building. Updated HVAC Carrier unit.

  

  Todd Adams

  Keller Williams

  552 Stanley Dr, Memphis, TN 38122
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  /31

  $100,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,203 Sq Ft

  929 N Mcneil St, Memphis, TN 38107

  Beautiful 2BR/1BA home offers a great investment opportunity in the Vollintine-Evergreen area. Featuring approx. 1,203 sq. ft. of living space, this property includes a separate living room, central heating and cooling.The large backyard provides great space for relaxing, gardening, pets, or future projects. Conveniently located near Rhodes College, Crosstown Concourse, Overton Park, and popular

  

  Edwin Scruggs

  BHHS Taliesyn Realty

  929 N Mcneil St, Memphis, TN 38107
• 

  /2

  $49,999

  $9K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,125 Sq Ft

  2394 Shasta Ave, Memphis, TN 38108

  Great opportunity for investors or buyers looking for a renovation project! This brick home features 3 bedrooms and 1.5 bathrooms and offers plenty of potential with the right vision and updates. The property does need renovations, making it an ideal opportunity to customize, renovate, and add value. For the rehabbers out there, this will qualify for 100% financing once rehabbed to the new buyer.

  

  Caleb Hall

  Keller Williams

  2394 Shasta Ave, Memphis, TN 38108
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  /2

  $35,000

  $5K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 660 Sq Ft

  5698 Los Gatos Dr Unit 101U, Memphis, TN 38115

  TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Being sold AS-IS. Property is rented for $745/month. No showings without an accepted contract. Make offers contingent on inspection. Great opportunity for building your portfolio with massive cashflow! Being sold in a Memphis investor portfolio which includes 5655 Encino Cove, Apt 1, 38115; 5660 Los Gatos Dr, Apt 2, 38115, 5698 Los Gatos Dr,

  

  Jordan Ray

  eXp Realty, LLC

  5698 Los Gatos Dr Unit 101U, Memphis, TN 38115
• 

  

  /13

  $70,000

  $3K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 974 Sq Ft

  1561 Preston St, Memphis, TN 38106

  Here's a perfect opportunity to purchase a cash flowing property.Calling all investors! This income-producing 3-bedroom, 1-bath home is the perfect addition to your rental portfolio. Featuring strong cash flow potential, spacious living areas, and a functional floor plan, this property is already set up to generate consistent monthly income. Property is occupied by a tenant at $695 per mo. ***DO

  

  Tara Woodley

  Zach Taylor Real Estate

  1561 Preston St, Memphis, TN 38106
• 

  /2

  $35,000

  $5K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 696 Sq Ft

  5660 Los Gatos Dr Unit 2, Memphis, TN 38115

  TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Being sold AS-IS. Property is rented for $740/month. No showings without an accepted contract. Make offers contingent on inspection. Great opportunity for building your portfolio with massive cashflow! Being sold in a Memphis investor portfolio which includes 5655 Encino Cove, Apt 1, 38115; 5660 Los Gatos Dr, Apt 2, 38115, 5698 Los Gatos Dr,

  

  Jordan Ray

  eXp Realty, LLC

  5660 Los Gatos Dr Unit 2, Memphis, TN 38115
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  /8

  $77,900

  $2K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,362 Sq Ft

  3989 Grahamdale Cir Unit 3989A, Memphis, TN 38122

  Welcome to market 3989 Grahamdale Circle in the Grahamwood community. This low-maintence 3-bedroom, 2-bath home offers 1344 square feet of functional living space. Rentals are permitted, offering flexibility for owner-occupants or investors seeking income potential. This semi open concept floorplan features a spacious living room and dining room combo with a cozy fireplace, breakfast bar kitchen,

  

  Raychel Day

  Renshaw Company, REALTORS

  3989 Grahamdale Cir Unit 3989A, Memphis, TN 38122
• 

  

  /13

  $99,000

  $29K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 1,485 Sq Ft

  5573 Pleasant View Rd Unit 35, Memphis, TN 38134

  Perfect opportunity for a savvy buyer! Wonderfully located condo offered at a great price. This 3-bedroom, 2.5-bath home features a spacious and functional layout, including a breakfast bar, two separate den/living areas, and a cozy fireplace in the main living room. Enjoy outdoor living with a private, fenced patio, plus the convenience of covered parking for two vehicles. Additional highlights

  

  Kyle Couvion

  Reid, REALTORS

  5573 Pleasant View Rd Unit 35, Memphis, TN 38134
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  /29

  $89,000

  $1K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,471 Sq Ft

  4787 Townhouse Way, Memphis, TN 38118

  *** Do Not Disturb Tenant*** Newly Renovated Condo located in East Memphis. Section 8 Tenant in place for $997, MHA Approved on 9/30/25. Property is 3 Bedrooms 2 baths, 1 Bedroom downstairs and 2 Upstairs. Property was Purchased in a Tax Sale, Seller has owned the property less than a Year (Buyer Must close with Saddle Creek Only) Title Insurance can possibly be Purchased with an Attached Risk

  

  Tara Woodley

  Zach Taylor Real Estate

  4787 Townhouse Way, Memphis, TN 38118
• 

  

  /3

  $35,000

  • Land
  • 26,136 Sq Ft
  • $58,333 per Acre

  1133 Saunders Ave, Memphis, TN 38127

  Looking for investor, business owners or home owners. Nice level lot. Will take all cash. Drive by and take a look.

  

  Jo Mathes

  Pinnacle Realty

  1133 Saunders Ave, Memphis, TN 38127
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  /9

  $65,000

  • 2 Beds
  • 1 Bath
  • 715 Sq Ft

  2344 Warren St, Memphis, TN 38106

  Turnkey investment opportunity in the heart of South Memphis! This renovated 3-bedroom, 1-bath home at 2344 Warren St, Memphis, TN 38106 is cash-flow ready with projected rental income of $950 per month. Priced at just $65,000, this property offers strong returns for both new and seasoned investors. Features include updated flooring, fresh paint, spacious living areas, and a large yard.

  

  Austin Hall

  Evernest Too, LLC

  2344 Warren St, Memphis, TN 38106
• 

  /2

  $18,000

  • Land
  • 3,049 Sq Ft
  • $257,143 per Acre

  0 Coker St, Memphis, TN 38107

  Nice infill opportunity on Coker St. Established neighborhood with surrounding homes. Lot offers potential for residential development. Buyer to independently confirm all pertinent information. Seller Financing Possible

  

  Tonya McDowell

  The Stamps Real Estate Company

  0 Coker St, Memphis, TN 38107
• 

  

  /20

  $85,000

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

  4789 Townhouse Way, Memphis, TN 38118

  Comfortable, functional, and full of character, this 3-bedroom, 2-bath townhome is ready to welcome its next owner! The two-level floor plan features updated flooring throughout much of the home and a spacious great room anchored by a striking floor-to-ceiling stone fireplace. The kitchen offers a functional layout with white cabinetry and a convenient pass-through connecting to the living area.

  

  Samiha Alward

  Keller Williams

  4789 Townhouse Way, Memphis, TN 38118
• 

  

  /8

  $89,000

  • 2 Beds
  • 1 Bath
  • 1,076 Sq Ft

  1487 Swift St, Memphis, TN 38109

  Renovated in 2023, this income-producing property is an excellent opportunity for investors seeking a rent-ready asset with professional management already in place. Featuring a functional floor plan with a spacious living room, separate dining area, decorative fireplace, and a dedicated laundry room, this home also offers a covered front porch and a large backyard—appealing features for

  

  Amy Woods

  Crye-Leike, Inc., REALTORS

  1487 Swift St, Memphis, TN 38109
• 

  

  /16

  $89,000

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

  4801 James Kent Ct, Memphis, TN 38118

  ?? INVESTMENT OPPORTUNITY – 4801 James Kent Ct, Memphis, TN Investor alert! Don't miss this unique split-level townhouse in Memphis offering immediate rental income with additional upside. ?? Asking Price: $85,000 obo Investment Highlights: Bottom floor currently tenant-occupied at $750/month Split-townhouse layout provides excellent flexibility for investors Opportunity to increase cash flow

  

  Austin Hall

  Evernest Too, LLC

  4801 James Kent Ct, Memphis, TN 38118
• 

  /2

  $4,000

  • Land
  • 7,405 Sq Ft
  • $23,529 per Acre

  349 Simpson Ave, Memphis, TN 38106

  

  Africa McCloy

  Crye-Leike, Inc., REALTORS

  349 Simpson Ave, Memphis, TN 38106
• 

  

  /12

  $45,000

  • 3 Beds
  • 1 Bath
  • 1,352 Sq Ft

  880 Juliet Ave, Memphis, TN 38127

  HUD-owned property being sold As-Is. FHA Uninsurable (UI), but eligible for FHA 203(k) renovation financing—an excellent opportunity for owner-occupants looking to customize a home or investors seeking value-add potential. Cash and conventional financing are also welcome. Buyer to verify all information, including square footage, lot size, schools, utilities, HOA (if applicable), and property

  

  Michael Tally

  Tally Real Estate Group, LLC

  880 Juliet Ave, Memphis, TN 38127
• 

  /2

  $6,000

  • Land
  • 4,356 Sq Ft
  • $60,000 per Acre

  356 Cambridge Ave, Memphis, TN 38106

  Lot ready to be developed. Just drive by.

  

  Jo Mathes

  Pinnacle Realty

  356 Cambridge Ave, Memphis, TN 38106
• 

  

  /24

  $89,900

  $10K PRICE DROP

  • Land
  • 25,264 Sq Ft
  • $155,000 per Acre

  9385 Greybear Cove, Unincorporated, TN 38018

  Lots,Lots, & more LOTS! (18 to be exact) Here is A rare Opportunity in Shelby County outside the city limits. Discover the perfect setting for your dream home in this beautiful, private gated community. With 18 lots to choose from, you can select the ideal homesite that fits your vision. Enjoy the convenience of city water and sewer, while benefiting from being located in an unincorporated area.

  

  John Stamps

  The Stamps Real Estate Company

  9385 Greybear Cove, Unincorporated, TN 38018
• 

  

  /16

  $99,901

  • 3 Beds
  • 1 Bath
  • 1,102 Sq Ft

  1561 W Dianne Cir, Memphis, TN 38114

  Rare investment opportunity to buy under 100K. Currently rented through 2027. Recently updated and renovated. Property is being offered as a package of 3 properties, all under 100K each. Reach to our listing firm 901 REALTORS, for this and other great properties in the Memphis Area.

  

  Pablo Pereyra

  901, REALTORS

  1561 W Dianne Cir, Memphis, TN 38114
• 

  

  /24

  $100,000

  • 2 Beds
  • 1 Bath
  • 894 Sq Ft

  2609 Dunn Ave, Memphis, TN 38114

  Welcome to this charming and affordable two-bedroom home, perfectly priced for a first-time homebuyer or an investor looking to expand their portfolio. The inviting front porch offers a warm welcome, and the newer roof provides added peace of mind. The property is currently tenant-occupied, and the tenant would love the opportunity to remain. Whether you’re searching for a place to call home or a

  

  Valencia Gathwright

  Keller Williams

  2609 Dunn Ave, Memphis, TN 38114
• 

  /2

  $99,750

  • 2 Beds
  • 1 Bath
  • 825 Sq Ft

  3620 S Lloyd Cir, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $700 month to month. No creative finance offers.

  

  Caleb Hall

  Keller Williams

  3620 S Lloyd Cir, Memphis, TN 38108

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