Memphis, TN Homes for Sale under $100,000

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  /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
• Explore Memphis

• 

  

  

  /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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  /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
• 

  

  

  /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
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  /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
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  /5

  $100,000

  • Land
  • 5 Acres
  • $20,000 per Acre

  987 S Weaver Rd, Memphis, TN 38109

  5 lots for a total of 5+ acres 987 Weaver Rd, 0 Little Weaver LN, 0 Mitchell Rd, 0 Little Weaver Rd, 927 Little Weaver LN

  

  Jason Miller

  eXp Realty

  987 S Weaver Rd, Memphis, TN 38109
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  /2

  $69,900

  $1K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  842 Restbrook Ave, Memphis, TN 38127

  Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $800/mo. Professionally managed. Lease expires on 11/30/25.

  

  Caleb Hall

  Keller Williams

  842 Restbrook Ave, Memphis, TN 38127
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  /2

  $85,000

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,325 Sq Ft

  3014 Spottswood Ave, Memphis, TN 38111

  Buyer Failed To Submit Earnest Money! TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Property is rented for $995/month, lease ends 6/2/2027. Cash tenant. Copy of the lease available upon request. No showings without an accepted contract. Make offers contingent on inspection. Contact a local realtor and make your offer today!

  

  Jordan Ray

  eXp Realty, LLC

  3014 Spottswood Ave, Memphis, TN 38111
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  /11

  $78,000

  $3K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 808 Sq Ft

  572 Burlington Cir, Memphis, TN 38127

  Here's a perfect opportunity to purchase a cash flowing property.Calling all investors! This income-producing 2-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 $725 per mo. ***DO

  

  Tara Woodley

  Zach Taylor Real Estate

  572 Burlington Cir, Memphis, TN 38127
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  /13

  $80,000

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,600 Sq Ft

  3240 N Watkins St, Memphis, TN 38127

  Great opportunity! This property is currently zoned for commercial use and is ready to operate, but it can be converted to residential use by making interior modifications to meet residential code requirements. This property already features many important updates, including a new roof, HVAC system, water heater, fresh interior and exterior paint, an updated electrical system with new interior

  

  Africa McCloy

  Crye-Leike, Inc., REALTORS

  3240 N Watkins St, Memphis, TN 38127
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  /2

  $75,000

  $3K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 744 Sq Ft

  1373 Semmes St Unit 2, Memphis, TN 38114

  INVESTORS ONLY!! DO NOT DISTURB TENANT. Nice2/1 brick unit 2 is for sale only. currently rented for $800/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, 3562 Fuller, & 766 Los Angeles (Can buy individually or in bulk).

  

  Charlene Bailey

  Bespoke Realty

  1373 Semmes St Unit 2, Memphis, TN 38114
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  /11

  $67,000

  • 2 Beds
  • 1 Bath
  • 728 Sq Ft

  1458 Stevenson St, Memphis, TN 38106

  This 2 bed single family home in Memphis offers a move in ready layout on a generous corner lot, answering the common buyer question about finding an affordable home with space to enjoy outdoors. This 728 sqft single family home built in 1948 and set on a 6,464 sqft lot that provides a big backyard and room to relax or create outdoor space that fits your lifestyle. Inside, hardwood flooring runs

  

  Christopher Lucas

  eXp Realty, LLC

  1458 Stevenson St, Memphis, TN 38106
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  /2

  $70,000

  • 2 Beds
  • 1 Bath
  • 720 Sq Ft

  163 W Mckellar Ave, Memphis, TN 38109

  Great investment opportunity! Property is currently tenant-occupied with monthly rent of $785, providing income from day one and performing above the 1% rule based on the current asking price. Property may be purchased individually or as part of a package with additional investment properties located at 2859 Invergarry Memphis, TN 38128, and 4081 Berkshire Avenue, Memphis, TN 38108. Seller will

  

  Vivian Denogean

  Fast Track Realty, LLC

  163 W Mckellar Ave, Memphis, TN 38109
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  /9

  $100,000

  • 3 Beds
  • 1 Bath
  • 1,024 Sq Ft

  3421 Piney Woods Ave, Memphis, TN 38118

  3 bedroom 1 bath home in East Whitehaven Park being sold as-is. 10 min from the Memphis internation Airport and FedEx. 15 min from Graceland. Solid bones, needs TLC.

  

  Jason Miller

  eXp Realty, LLC

  3421 Piney Woods Ave, Memphis, TN 38118
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  /2

  $6,000

  $2K PRICE DROP

  • Land
  • 7,405 Sq Ft
  • $35,294 per Acre

  268 W Mckellar Ave, Memphis, TN 38109

  

  Tonya McDowell

  The Stamps Real Estate Company

  268 W Mckellar Ave, Memphis, TN 38109
• 

  

  /23

  $99,000

  • 2 Beds
  • 2 Baths
  • 1,535 Sq Ft

  2928 Overton Crossing St, Memphis, TN 38127

  Investor opportunity being sold AS-IS. 2-bedroom, 2-bath home requiring repairs and renovation. Property offers potential for investors, rehabbers, or buyers seeking a value-add project. In need of roughly 25k-35k of cosmetic repairs Do not disturb tenants

  

  Reginald Harris

  Harris Realty Services

  2928 Overton Crossing St, Memphis, TN 38127
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  /26

  $52,000

  $6K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 962 Sq Ft

  2397 Shasta Ave, Memphis, TN 38108

  This property is being SOLD AS IS. Great Property with Good Bones and Perfect for Invest Property is rented for or, Cash Flowing; $850 per month. Property was built as a Duplex and could be converted at some point. Property is rented. ***DO NOT DISTURB TENANT*** A Soft rehab was done when the Seller Purchased it. No Wholesalers, No Assignments, No Seller Financing and No Creative Financing and No

  

  Tara Woodley

  Zach Taylor Real Estate

  2397 Shasta Ave, Memphis, TN 38108
• 

  

  /12

  $100,000

  • 4 Beds
  • 1.5 Baths
  • 1,138 Sq Ft

  1001 Canary Ln, Memphis, TN 38109

  Forget the "fixer-upper" nightmares—this is a Fresh Start. Once a disaster zone, this property has been stripped of the junk and prepped for a total transformation. We’ve cleared the canvas so you can paint the profit. The Heavy Lifting is Done: New Roof & Eaves: Recently replaced to seal the envelope and protect your investment. Clean Slate: All broken appliances, rotted cabinets, and old

  

  Jason Miller

  eXp Realty, LLC

  1001 Canary Ln, 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
• 

  

  /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
• 

  

  /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
• 

  /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
• 

  /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
• 

  

  /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

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