Memphis, TN Homes for Sale under $400,000

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  /35

  $144,900

  • 4 Beds
  • 3 Baths
  • 2,102 Sq Ft

  961 N Dunlap St, Memphis, TN 38107

  Great investment opportunity to own an income-producing duplex with immediate cash flow and additional upside potential. One unit is currently rented for $1,000 per month, while the other unit is vacant and fully renovated, offering the opportunity to secure a new tenant at a potentially higher market rent. The flexible setup makes this property ideal for investors looking to add a cash-flowing

  Tyler Bowman Weichert, REALTORS-BenchMark

  961 N Dunlap St, Memphis, TN 38107
• 

  

  

  /3

  $129,900

  • 3 Beds
  • 2 Baths
  • 1,000+ Sq Ft

  3465 Spottswood Ave, Memphis, TN 38111

  Terrific investment opportunity! Professionally managed and tenant occupied home for sale. Hard to find 3 bedroom 2 bathroom home with bonus room (at this price point). Currently rented for $950/mo with a $950 security deposit on file (rental upside since it is a 3/2 with a bonus room). Lease ends 2/28/26. Home is steps away from the University of Memphis and is a great long term hold. Values are

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3465 Spottswood Ave, Memphis, TN 38111
• 

  

  /2

  $120,000

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

  1210 Dogwood Dr, Memphis, TN 38111

  Cash flowing investment opportunity! Long term tenant in place paying $1125/mo. No showings without accepted offer.

  Caleb Parr Renshaw Company, REALTORS

  1210 Dogwood Dr, Memphis, TN 38111
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  /35

  $299,900

  $29K PRICE DROP

  • 5 Beds
  • 2.5 Baths
  • 2,334 Sq Ft

  6812 Abelia Hill Cove, Memphis, TN 38135

  Sought-after Bartlett home with an inground pool! This spacious home features a garage conversion that provides a versatile downstairs bedroom, perfect for guests, a home office, or multi-generational living. The primary suite is privately located upstairs, offering a peaceful retreat. Fresh interior paint gives the home a bright, updated feel. Step outside to a fenced backyard designed for

  Amber McCloud Fast Track Realty, LLC

  6812 Abelia Hill Cove, Memphis, TN 38135
• 

  

  

  /36

  $385,000

  $10K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 2,126 Sq Ft

  144 Magnolia Dr, Memphis, TN 38117

  Charming, updated home offering nearly 2,200 square feet in sought-after Pidgeon Estates, with the space, character and extras that are hard to find in East Memphis! Beautiful hardwood floors and abundant natural light flow throughout, with multiple living spaces and a flexible 3-bedroom floor plan. The renovated kitchen features stainless steel appliances, generous workspace and storage, while

  Lexie Hicks Johnston Coldwell Banker Collins-Maury

  144 Magnolia Dr, Memphis, TN 38117
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  /6

  $100,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,300 Sq Ft

  287 George St, Memphis, TN 38109

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $995 per month and is on a lease from 10/01/2025 - 09/30/2026. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

  Alex Evans Reedy & Company, REALTORS

  287 George St, Memphis, TN 38109
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  /34

  $265,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,847 Sq Ft

  710 Rosemary Ln, Memphis, TN 38104

  Discover this absolutely charming residence located in one of the best areas of Central Gardens. The spacious eat-in kitchen is perfect for family gatherings and entertaining. The inviting living room features a cozy fireplace, enhancing the home’s warmth. The dining room provides a lovely space for meals and celebrations. Both bedrooms are generously sized, offering comfort and convenience. This

  Leigh Martin Hobson, REALTORS

  710 Rosemary Ln, Memphis, TN 38104
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  /28

  $208,500

  $16K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 2,400+ Sq Ft

  6043 Harvest Hill Cove, Memphis, TN 38141

  Charming 4 bedrooms 3 bath home located in the Ridgeway Estates Subdivision~2 BR/2 BA down ~ 2 BR/1 BA up ~ Huge Bedrooms ~ Lots of Space ~ Spacious Backyard with Fence ~ Well-maintained Home, carpet, laminate flooring, Wood fence, furnace / HVAC, lighting, long driveway, and much more ~ Separate dining, kitchen, and breakfast area ~ Shed in back to remain ~ Original construction 1976;

  Juliette Moore Crye-Leike, Inc., REALTORS

  6043 Harvest Hill Cove, Memphis, TN 38141
• 

  

  /29

  $279,900

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

  600 S Main St Unit 303, Memphis, TN 38103

  Stunning 2 bedroom, 2 bath corner unit condo in the South Main Historic District of Downtown Memphis! This modern unit features an open-concept layout, tons of windows with abundant natural light, and a gourmet kitchen with stainless steel appliances. The spacious primary suite offers a walk-in closet and luxurious en-suite bath. Just steps from shopping, dining, and public transport!

  Trey Foster Emmett Baird Realty, LLC

  600 S Main St Unit 303, Memphis, TN 38103
• 

  

  /28

  $259,000

  • 3 Beds
  • 2 Baths
  • 1,558 Sq Ft

  3968 Wandering Way, Memphis, TN 38115

  Welcome Home!!! Home features 3 bedrooms/2 bath ...Hardwood throughout(seller will be installing wood in the remaing two bedrooms) nice size level backyard.

  Mae Moore Crye-Leike, Inc., REALTORS

  3968 Wandering Way, Memphis, TN 38115
• 

  /2

  $250,000

  • Land
  • 20.31 Acres
  • $12,309 per Acre

  00 Walnut Grove Rd, Cordova, TN 38018

  20.31 acres in a great location right off of Walnut Grove behind Grays Hollow subdivision. Some acreage being farmed.

  Debbie Nixon Crye-Leike, Inc., REALTORS

  00 Walnut Grove Rd, Cordova, TN 38018
• 

  

  /9

  $252,000

  • 4 Beds
  • 2 Baths
  • 1,910 Sq Ft

  1062 Rozelle St, Memphis, TN 38114

  Discover the epitome of historic charm and modern elegance in this renovated home, near Cooper Young. The open kitchen, adorned with granite countertops, blends contemporary design with functionality. A dedicated laundry area adds convenience, while the sunroom brings natural light. and relish the peace of mind that comes with new plumbing, electrical, and light fixtures. This turnkey residence

  Donnie Ellis 4 Success Realty, LLC

  1062 Rozelle St, Memphis, TN 38114
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  /11

  $125,000

  • 3 Beds
  • 1 Bath
  • 808 Sq Ft

  3567 Daggett Rd, Memphis, TN 38109

  Looking for an affordable home or your next investment opportunity? This 3-bedroom, 1-bath home offers several recent updates, including fresh interior paint, a new roof (2023), water heater (2023), and new attic insulation for improved energy efficiency. Previously rented for $1,350 per month, this property has a proven rental history and strong income potential. The seller will install a new

  Lisa Hendrickson Groome & Co.

  3567 Daggett Rd, Memphis, TN 38109
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  /8

  $160,000

  • 3 Beds
  • 2 Baths
  • 1,482 Sq Ft

  5225 Apollo St, Memphis, TN 38116

  Cash flowing property for sale in Whitehaven! Home is leased for $1400 by a housing tenant. Lease ends January 2027 and is professionally managed. Call listing agent for details. Do not disturb tenants and access granted upon accepted offer.

  Andrew Akins CB Properties of Memphis, LLC

  5225 Apollo St, Memphis, TN 38116
• 

  

  /15

  $109,900

  • 2 Beds
  • 1 Bath
  • 808 Sq Ft

  1443 Wrenwood St, Memphis, TN 38122

  Leased and cash flowing rental. This well-maintained property features easy maintenance with LVP flooring and some recent updates throughout, offering a functional layout and comfortable living spaces.

  Michael Valenza eXp Realty, LLC

  1443 Wrenwood St, Memphis, TN 38122
• 

  

  /27

  $135,000

  • 2 Beds
  • 1 Bath
  • 906 Sq Ft

  210 S Mclean Blvd Unit 8, Memphis, TN 38104

  Enjoy convenient Midtown living in this clean, move-in-ready 2-bedroom, 1-bath upstairs condo located in the heart of Memphis. The inviting open floor plan features beautiful hardwood floors throughout the living and dining areas, along with an updated kitchen. The gated community offers one covered parking space, interior common areas perfect for visiting with neighbors, and a beautiful

  Lauren Criswell Crye-Leike, Inc., REALTORS

  210 S Mclean Blvd Unit 8, Memphis, TN 38104
• 

  

  /21

  $150,000

  • 4 Beds
  • 2 Baths
  • 1,303 Sq Ft

  823 Marianna St, Memphis, TN 38114

  Beautifully renovated 4 bedroom, 2 bath home, boasts new vinyl windows, new LVP flooring, brand new appliances, kitchen cabinets and countertops! New roof, new plumbing, electrical, central heat and air system and hot water tank make this home just like new! This home will qualify for 100% financing with no PMI. Plus, a government grant up to $6000. Please call today for more info!

  Brandon Ackerman Keller Williams

  823 Marianna St, Memphis, TN 38114
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  /21

  $179,900

  $10K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 2,084 Sq Ft

  4709 Raleigh Lagrange Rd, Memphis, TN 38128

  Discover comfort in this spacious 4-bedroom, 2-bathroom home in the heart of Memphis. With 2,082 square feet of living space, this residence offers a functional layout perfect for any lifestyle. Enjoy generous room sizes and a welcoming atmosphere, along with easy access to Covington Pike, I-40, schools, and shopping.

  Carl Purifoy Trelora Realty

  4709 Raleigh Lagrange Rd, Memphis, TN 38128
• 

  

  /19

  $225,000

  New Construction $11K PRICE INCREASE

  • 4 Beds
  • 2 Baths
  • 1,410 Sq Ft

  3118 Arrendale St, Memphis, TN 38118

  New construction, fully completed and never occupied. This home features a 3 bedroom, 2 bathroom layout with 1161 heated sq ft. Move-in ready. Contact the listing agent for floor plans, additional details, or to schedule a showing.

  Cesar Lara Fast Track Realty, LLC

  3118 Arrendale St, Memphis, TN 38118
• 

  

  /25

  $159,900

  • 4 Beds
  • 2 Baths
  • 1,350 Sq Ft

  2235 Shannon Ave, Memphis, TN 38108

  Great investment opportunity. The seller started to renovations. Some repairs still needed. Own your first investment. Can be sold separate or as a package.

  Lisa Nelson Exit Wise Master-Builders Real

  2235 Shannon Ave, Memphis, TN 38108
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  /13

  $117,900

  $1K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,147 Sq Ft

  223 Charter Ave, Memphis, TN 38109

  Investor's Dream! Don't miss this newly renovated (2023) income producing property featuring 3 bedrooms and 1 bathroom. Currently tenant occupied at $1,000 per month, with the lease in place through November 30, 2026, providing immediate cash flow for investors. Conveniently located within walking distance of public transportation, grocery stores, and nearby schools, including Geeter K-8 School

  Raven Henderson KAIZEN Realty, LLC

  223 Charter Ave, Memphis, TN 38109
• 

  

  /29

  $398,900

  $1K PRICE DROP

  • 5 Beds
  • 2.5 Baths
  • 2,708 Sq Ft

  56 S Sanga Rd, Memphis, TN 38018

  Sleek, modern and new...updated colors, only 1 year old! Inside you will find a modern & uncluttered picture of stress-free living with a spacious primary bedroom to accommodate lots of furniture & a state-of-the-art primary bathroom w/rain shower & soaking tub at the center of it all, while a nice custom closet adorns the left wall! Check out the galley-styled kitchen with granite countertops &

  Sheryl Wells Crye-Leike, Inc., REALTORS

  56 S Sanga Rd, Memphis, TN 38018
• 

  

  /23

  $110,000

  • 4 Beds
  • 1.5 Baths
  • 2,176 Sq Ft

  1817 Baldwin Ave, Memphis, TN 38127

  Whether you're looking to expand your investment portfolio or purchase your first home, this property is worth a look! This spacious 4-bedroom, 1.5-bath home is conveniently located just minutes from Millington and sits on a generously sized corner lot. Inside, you'll find neutral paint colors throughout, a large den, a separate living room, and a dedicated laundry room, offering plenty of space

  Verna Littleton Fast Track Realty, LLC

  1817 Baldwin Ave, Memphis, TN 38127
• 

  

  /25

  $339,800

  • 4 Beds
  • 2.5 Baths
  • 2,714 Sq Ft

  2033 Westbriar Dr, Cordova, TN 38016

  NEW PRICE- $339,800! Spacious 4-bedroom, 2.5-bath home in Cordova offering over 2700 sq. ft. of living space! Enjoy a flexible floor plan, double-sided fireplace, built-in bookshelf/shelving, generous bedrooms and large backyard with plenty of room to enjoy. Recent improvements include newer roof, siding and plumbing, plus new carpet upstairs. Great home in a convenient location! This home offers

  Candice Freeman Keller Williams

  2033 Westbriar Dr, Cordova, TN 38016
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  /26

  $299,000

  $26K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,435 Sq Ft

  4981 Verosa Ave, Memphis, TN 38117

  Welcome home to this charming 3-bedroom, 1.5-bath home in the heart of East Memphis! Featuring an inviting open floor plan, this home offers the perfect blend of comfortable everyday living and effortless entertaining. The spacious living and dining areas flow seamlessly into the updated kitchen, creating a bright and welcoming space for family and friends. All three bedrooms are generously

  Luke VanHoose Fast Track Realty, LLC

  4981 Verosa Ave, Memphis, TN 38117
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  /36

  $245,000

  • 3 Beds
  • 2 Baths
  • 1,274 Sq Ft

  4101 Long Creek Rd, Memphis, TN 38125

  Charming 3-bedroom, 2-bath home in Southeast Memphis! This single-story residence features approximately 1,274 square feet of living space, a functional floor plan, and a 2-car garage. Conveniently located near schools, shopping, dining, and major commuter routes. Recently updated with extensive interior and exterior improvements, including repaired drywall, fresh paint on walls, ceilings, and

  Jeanette Lin Pinnacle Realty

  4101 Long Creek Rd, Memphis, TN 38125
• 

  

  /19

  $155,108

  $4K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 944 Sq Ft

  597 Buck St, Memphis, TN 38111

  Newly updated home wihin WALKING distance to the U of M campus! Great opportunity for an homebuyer or investor! Move-in ready 2BR+ office, 1BA, with NEW carpets throughout & Fresh paint in/out. New HVAC & windows in 2018. New 30-yr architectural style roof in 2015. Outside, you'll find a detached, wired one-car garage, providing extra storage, workspace, or parking. Priced at just $159,108, this

  Chris Meyer Crye-Leike, Inc., REALTORS

  597 Buck St, Memphis, TN 38111
• 

  

  /16

  $225,000

  $25K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,842 Sq Ft

  1072 N Evergreen St, Memphis, TN 38107

  Cash-flowing duplex in the sought-after Volintine Evergreen Historic District — live in one unit while the other helps cover your mortgage, or hold both as a turnkey investment. Each unit offers 2 bedrooms, 1 bath, and a functional layout, and both are now leased on new 1-year terms, delivering immediate, documented rental income from day one — $1,950/month combined. Approx. $30K+ in recent

  Erica Martin Real Estate Agency

  1072 N Evergreen St, Memphis, TN 38107
• 

  

  /16

  $269,000

  $20K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,415 Sq Ft

  7264 Gail Dr, Memphis, TN 38133

  Adorable 3 bedroom, 2 bath home on corner lot in quiet neighborhood of Cherry Valley Subdivison of Barlett. Vaulted Livingroom with fireplace. Has a 14x20 Sunroom added on. Large fenced backyard with plenty room to play. This home has lifetime windows, roof approx five years old and heating and air approx. five years old. Reduced $20,000 for quick sale.

  Ray Archer Real Estate Mart of TN, Inc.

  7264 Gail Dr, Memphis, TN 38133
• 

  

  /10

  $110,000

  • 3 Beds
  • 1 Bath
  • 1,577 Sq Ft

  244 N Bellevue Blvd, Memphis, TN 38105

  Tenant occupied. Please do not disturb tenant. Showings by appointment only. Contact listing agent for additional information, showing instructions, and lease details. Charming 1925 bungalow featuring 3 bedrooms, 1 bath, approximately 1,577 SF, original hardwood floors, built-in bookshelves, decorative fireplace, sunroom, and spacious living areas. Conveniently located near Midtown, Downtown,

  Palmer Gardner CrestCore Realty MphsBrokerage

  244 N Bellevue Blvd, Memphis, TN 38105
• 

  

  /28

  $215,000

  • 3 Beds
  • 1.5 Baths
  • 1,176 Sq Ft

  5113 Helene Rd, Memphis, TN 38117

  Great investment opportunity! This newly remodeled 3-bedroom, 1.5-bath home features fresh paint throughout and an updated, move-in-ready interior. A great opportunity for an investor looking to add a tenant-occupied property to their rental portfolio. Property is being sold subject to tenant’s rights. Please do not disturb the tenant. All showings and access must be coordinated in accordance

  Dustie Zvolanek Red Maple Realty

  5113 Helene Rd, Memphis, TN 38117
• 

  

  /25

  $214,000

  $6K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 2,260 Sq Ft

  3263 Glen Logan Rd, Memphis, TN 38134

  Move-In ready 4br 2ba split level now available! Conveniently located new Bartlett. 4br 2ba, nice fenced in yard with a nice deck. Solid surface flooring. Brick exterior. New roof and fresh paint inside and out. Vacant, easy to show. Owner/Agent

  Caleb Parr Renshaw Company, REALTORS

  3263 Glen Logan Rd, Memphis, TN 38134
• 

  

  /18

  $209,000

  $1K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 995 Sq Ft

  4762 Quince Rd, Memphis, TN 38117

  Welcome to one of Colonial Acres' most distinctive homes! Full of warmth, character, and thoughtfully curated design details, this move-in-ready home offers a refreshing alternative to the ordinary. The beautiful kitchen opens to comfortable living spaces designed for everyday living and entertaining. Step outside to a spacious, fully fenced backyard with room to relax, garden, or let pets play.

  Laura Grace Pope Bluff City Realty Group, LLC

  4762 Quince Rd, Memphis, TN 38117
• 

  /2

  $158,900

  $16K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,278 Sq Ft

  3588 Kearney Ave, Memphis, TN 38111

  Incredible investment opportunity available with tremendous cash flow and huge potential upside! This property is currently rented for $1450/mo. 21 property package available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied. Many of these homes have had significant rehab done in the past few years. This could be an amazing

  William Haynes Crye-Leike, Inc., REALTORS

  3588 Kearney Ave, Memphis, TN 38111
• 

  

  /19

  $219,999

  $9K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 1,551 Sq Ft

  742 Hedgegrove Dr Unit 4703, Memphis, TN 38117

  Welcome to this FULLY RENOVATED, stunning 2-bedroom, 1.5-bath condo in the highly sought-after Audubon Square community. Completely renovated with timeless finishes, this move-in ready home features NEW hardwood flooring, carpet, and tile throughout. Beautifully updated kitchen showcases QUARTZ countertops, CUSTOM SPECIAL-ORDER cabinetry, modern finishes, and both bathrooms have been tastefully

  Kelsey Proutey Groome & Co.

  742 Hedgegrove Dr Unit 4703, Memphis, TN 38117
• 

  

  /17

  $110,000

  • 2 Beds
  • 2 Baths
  • 1,269 Sq Ft

  2006 Quinn Ave, Memphis, TN 38114

  INVESTORS ONLY!!! Lovely 2bed 2bath home currently rented at $1095/mo. This could be a great addition to your portfolio. Property was substantially rehabbed in 2022. Roof, A/C and water heater should all be less than 5 years old. No sign in the yard. Please do not disturb or approach the tenant. Professionally managed --- Leases, ledgers repair history available upon request. NO SHOWINGS WITHOUT

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2006 Quinn Ave, Memphis, TN 38114
• 

  

  /27

  $268,000

  Open Sat 12PM - 2PM

  • 3 Beds
  • 2 Baths
  • 1,593 Sq Ft

  4632 Leatherwood Ave, Memphis, TN 38117

  Rare Colonial Acres opportunity with detached guest house near the University of Memphis. Main house offers 1,593 sq ft with 3 bedrooms and 1 full bath, featuring an updated kitchen with vaulted ceiling, exposed beams, granite countertops, custom cabinetry, tile backsplash, stainless appliances, gas range, and beverage bar with cooler. Major updates include roof, HVAC, water heater, and windows.

  Erica Martin Real Estate Agency

  4632 Leatherwood Ave, Memphis, TN 38117
• 

  

  /14

  $169,750

  $9K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,617 Sq Ft

  4580 Cottonwood Rd, Memphis, TN 38118

  Price Improvement! Completely updated home in Parkway Village ideal for an owner occupant or first-time home buyer. Will go Conventional, FHA or VA. With the recent updates like new flooring throughout, kitchen cabinetry and updated bath the new owner is moving into a low maintenance home. Versatile bonus room with closet to provide flexible options for variety of lifestyles. Could be used as a

  Andrew Akins CB Properties of Memphis, LLC

  4580 Cottonwood Rd, Memphis, TN 38118
• 

  

  /16

  $134,500

  • 3 Beds
  • 2 Baths
  • 1,517 Sq Ft

  814 N Merton St, Memphis, TN 38112

  Contract contingency View inside then deposit if continue. No wholesale, No Creative Financing, No seller financing, carry back or creative financing. Need Preapproval or Proof of fund before offers. For Investors ONLY. ALREADY LEASED FOR $1100 manage by Licensed Property Management with $100 a month of management fee. Low taxes and insurance. Updated some of the Virtual Staging for you to see

  David Truong eXp Realty, LLC

  814 N Merton St, Memphis, TN 38112
• 

  

  /10

  $123,099

  $7K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 868 Sq Ft

  185 Vernelle Ave, Memphis, TN 38109

  Turn-Key/Improved Pricing: Turnkey ready. Tenant occupied paying $1225. This fully renovated home delivers modern comfort and standout value from the moment you arrive. Inside, you’ll find an updated kitchen with fresh finishes, a remodeled bathroom, and brand-new LVP flooring that ties the space together with a clean, contemporary feel. The entire home (interior and exterior) has been painted,

  Victoria Brown 4 Success Realty, LLC

  185 Vernelle Ave, Memphis, TN 38109

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