Memphis, TN Homes for Sale under $400,000

• 

  

  /2

  $149,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,286 Sq Ft

  4566 Fawn Hollow Cove, Memphis, TN 38141

  Motivated seller offering an occupied, income-producing investment property—currently rented at $1,425/month with an active lease through 9/30/2026. Available individually or as part of a portfolio with strong-performing assets. 4305 Creekbed Cv. listed at $155,000 rented at $1169 and 4529 Country Brook Dr. listed at $150,000 and rented at $1350. Sold AS-IS. Do not disturb tenant. Inspection

  James Johnson Crestcore Realty, LLC

  4566 Fawn Hollow Cove, Memphis, TN 38141
• 

  

  

  /24

  $280,000

  Open Sat 1PM - 3PM $45K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,666 Sq Ft

  683 N Mclean Blvd, Memphis, TN 38107

  Step into the heart of the Vollintine-Evergreen Historic District with this enchanting three-bedroom, one-bath gem. Perfectly blending vintage character with modern efficiency, this home features a brand-new tankless water heater and electrical upgrades. Gorgeous hardwood flooring, incredible living spaces, and a spacious kitchen, a rare find for the area, boasting an abundance of cabinetry and

  Maureen Fraser John Green & Co., REALTORS

  683 N Mclean Blvd, Memphis, TN 38107
• 

  

  

  /25

  $239,000

  • 2 Beds
  • 1 Bath
  • 1,394 Sq Ft

  2562 Sam Cooper Blvd, Memphis, TN 38112

  Live, Work & Create in the Broad Avenue Arts District! This versatile mixed-use property offers approximately 1,400 sq. ft. with 2 enclosed bedrooms, 1 full bath, full kitchen, and flexible living/dining areas ideal for conference rooms or shared workspaces. Zoned for residential, office, and retail use, it’s perfect for entrepreneurs seeking a true live/work environment. Features include gated

  Chris Garland Crye-Leike, Inc., REALTORS

  2562 Sam Cooper Blvd, Memphis, TN 38112
• 

  

  

  /19

  $190,000

  $40K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,596 Sq Ft

  570 Marianna St, Memphis, TN 38111

  Don't miss this charming 1-story home featuring 4 bedrooms and 2 bathrooms with a spacious layout designed for comfortable everyday living. The inviting living areas provide plenty of room for relaxing or entertaining, while the functional floor plan offers flexibility for a variety of lifestyles. The generously sized bedrooms provide space for family, guests, or a home office. Enjoy the

  Vicki Testerman Mainstay Brokerage, LLC

  570 Marianna St, Memphis, TN 38111
• 

  

  

  /22

  $195,000

  $20K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,197 Sq Ft

  3512 Rockwood Ave, Memphis, TN 38122

  This beautifully remodeled home features 3 spacious bedrooms and 2 bathrooms. Recent upgrades include a remodeled roof, new fencing, renovated bathrooms, updated flooring, fresh interior and exterior paint, a newly improved driveway, and ceramic tile floors throughout. Enjoy the spacious 26 x 30 ft. porch, perfect for relaxing or entertaining. Additionally, the property offers a completely fenced

  Itzel Sanchez Bustamante Keller Williams

  3512 Rockwood Ave, Memphis, TN 38122
• 

  

  /5

  $150,000

  • 2 Beds
  • 1 Bath
  • 891 Sq Ft

  1180 Russwood Rd, Memphis, TN 38122

  Great investment opportunity in an established Memphis neighborhood. This 4 sided brick home was built in 1951 on a spacious 0.24 acre lot and was fully renovated turnkey in 2022, giving investors a truly ready asset with none of the guesswork. Currently rented for instant cash flow, with rent roll available upon request. Enjoy a beautiful screened in patio, perfect for relaxing evenings, along

  Bradley Puckett Reedy & Company, REALTORS

  1180 Russwood Rd, Memphis, TN 38122
• 

  

  /13

  $119,000

  • 4 Beds
  • 1 Bath
  • 1,052 Sq Ft

  1889 Marjorie St, Memphis, TN 38106

  Recently updated 4 bedroom, 1 bath home in a great location. Do not miss out on this opportunity!

  Marissa Miller The Stamps Real Estate Company

  1889 Marjorie St, Memphis, TN 38106
• 

  

  /32

  $345,000

  • 6 Beds
  • 3 Baths
  • 3,204 Sq Ft

  1901 Linden Ave, Memphis, TN 38104

  Great Duplex in Central Gardens. Upstairs unit is 3 bedrooms / 2 baths with sunroom, large living room & laundry room. Downstairs is 3 bedrooms / 1bath and laundry. Bottom unit is now vacant and upstairs is month to month long term tenant. Parking in back. Roof one year old. Listed as a Duplex and a Single Family Home in the MLS.

  Tammy Bunnell Crye-Leike, Inc., REALTORS

  1901 Linden Ave, Memphis, TN 38104
• 

  

  /10

  $104,000

  $16K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,156 Sq Ft

  2100 Stovall Ave, Memphis, TN 38108

  Fully renovated home that is perfect for your next investment. Freshly painted, new floors, water heater, roof and many other upgrades. Schedule your showing today. Property is rented for $950

  Keino Spring Harris & Harris Realty Group

  2100 Stovall Ave, Memphis, TN 38108
• 

  

  /27

  $299,999

  $15K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,416 Sq Ft

  2187 Nelson Ave, Memphis, TN 38104

  Charming 3 bedroom/2 bath bungalow in a fantastic Midtown location, just moments from shops and restaurants. This inviting home features a welcoming front porch and beautifully refinished hardwood floors throughout. The updated kitchen opens to a functional scullery, offering both style and practicality. Renovated bathrooms include a classic clawfoot tub and a newly added rear bath. Currently

  Lynda Baddour Ware Jones, REALTORS

  2187 Nelson Ave, Memphis, TN 38104
• 

  

  /11

  $139,900

  $9K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,357 Sq Ft

  1507 Oakwood St, Memphis, TN 38108

  1507/1509 Oakwood - Turnkey Duplex Investment Opportunity Well-maintained and recently updated duplex offering immediate income potential. One side is currently rented at $775/month, and the other side is vacant with a prospective tenant expected to move in within the next couple of weeks at approximately $800/month. This property has been fixed up and is positioned for strong cash flow with

  Jonathan Nunez Fast Track Realty, LLC

  1507 Oakwood St, Memphis, TN 38108
• 

  

  /12

  $122,000

  • 3 Beds
  • 2 Baths
  • 1,330 Sq Ft

  4109 Knob Dr, Memphis, TN 38127

  GREAT INVESTOR OPPORTUNITY!!! NEW ROOF, NEW PAIINT, NEW LIGHT FIXTURES, NEW HVAC, NW WATER HEATER, NEW FLOORING, AND MORE.

  Fredrick Cunningham Keller Williams

  4109 Knob Dr, Memphis, TN 38127
• 

  

  /14

  $129,900

  • 3 Beds
  • 2 Baths
  • 1,619 Sq Ft

  6173 Blue Willow Cove, Memphis, TN 38141

  FAILED OFFER~~Brick 3 Bedroom 2 Bath in Ridgeway Estates~~ Very big Vaulted Greatroom with fireplace ~~Close to Schools and shopping~~Eat in kitchen ~~laundry room~~Will not go FHA~~Nice yard~~

  Scott Housewirth Crye-Leike Inc., REALTORS

  6173 Blue Willow Cove, Memphis, TN 38141
• 

  

  /29

  $130,000

  $30K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,198 Sq Ft

  3066 Redbud Rd, Memphis, TN 38109

  Investment opportunity with two separate units and strong rent potential!! Unit 3066 has been updated and is 3 bedrooms and 2 baths, offering increased livable space (Bonus Room) and higher rent capacity. Unit 3068 requires repairs and updates. After renovations, each unit is projected to lease for approximately $1,400–$1,550 per month with Section 8, based on current area rental rates. Property

  Donnie Morrow eXp Realty, LLC

  3066 Redbud Rd, Memphis, TN 38109
• 

  /2

  $115,000

  $20K PRICE INCREASE

  • 2 Beds
  • 1 Bath
  • 816 Sq Ft

  3517 N Watkins St, Memphis, TN 38127

  Investment opportunity. 3 bedr. 1 bath. .$1,450 per month rent

  Harry Samuels Pinnacle Realty

  3517 N Watkins St, Memphis, TN 38127
• 

  

  /37

  $260,000

  $29K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 2,813 Sq Ft

  1700 Faxon Ave, Memphis, TN 38112

  $15,000 REDUCTION - Great for Investors, Great Victorian Family home OR excellent for College students, Conveniently located near Rhodes College, the Crosstown Concourse and Broad Avenue Developments, Overton Park Square, Memphis Zoo and it is move in ready, 2813sf very spacious, loaded with amazing Midtown charm! High ceilings, lots of Millwork, hardwood down, Wood laminate up, 2 fireplaces in

  Betty Carter Crye-Leike, Inc., REALTORS

  1700 Faxon Ave, Memphis, TN 38112
• 

  

  /7

  $175,000

  • 3 Beds
  • 1 Bath
  • 1,027 Sq Ft

  4524 Flamingo Rd, Memphis, TN 38117

  Great home in Colonial Acres! 3 BR, 1 BA with 1,027 sqft with hardwood floors throughout. HVAC replaced in 2024. Condenser 2021, Roof 2020, Appliances 2022, Hot Water Heater 2023. Turnkey rental investment home priced right. Monthly rent is $1,500 with potential for more. DO NOT DISTURB TENANTS. Inspections will be scheduled with accepted contract. Current tenant lease ends July 31, 2026. Call

  Robert Hyde Ware Jones, REALTORS

  4524 Flamingo Rd, Memphis, TN 38117
• 

  

  /32

  $333,900

  • 3 Beds
  • 2.5 Baths
  • 1,719 Sq Ft

  510 City House Ct Unit 406, Memphis, TN 38103

  Fantastic 3 Bedroom or 2 bedroom plus Office. This unit is on the 4th floor at Cityhouse Condos with a great view of the City Skyline from the Private Balcony. All new paint and new carpet in bedrooms. This unit is spacious, with Gas Fireplace in Living room, Gas Cooking, Laundry/Pantry Combo and 2.5 baths! Unit comes with One assigned parking space in the garage. The HOA has extra parking spaces

  Chris Garland Crye-Leike, Inc., REALTORS

  510 City House Ct Unit 406, Memphis, TN 38103
• 

  

  /5

  $210,000

  New Construction

  • 4 Beds
  • 2 Baths
  • 1,422 Sq Ft

  1879 Ezell St, Memphis, TN 38111

  New Construction – now underway! 4 bed, 2 bath, 1,384 heated sq ft. Estimated completion November 1, 2025. Showings allowed during construction. Buyers who go under contract early may have the opportunity to select finishes like paint, flooring, and lighting. Contact listing agent for floor plans, renderings, and weekly progress updates.

  Cesar Lara Fast Track Realty, LLC

  1879 Ezell St, Memphis, TN 38111
• 

  

  /17

  $125,000

  • 3 Beds
  • 1.5 Baths
  • 1,309 Sq Ft

  4897 Manson Rd, Memphis, TN 38109

  Welcome to 4897 Manson! This three-bedroom, one-and-a-half-bath home offers plenty of functional living space, including a separate living room and formal dining room. The stove and refrigerator will remain for the buyer, making move-in a little easier. Step outside to the covered front patio—perfect for grilling, relaxing, or enjoying a little time outdoors. An 11x10 mud/storage room provides

  Nancy Moore Crye-Leike, Inc., REALTORS

  4897 Manson Rd, Memphis, TN 38109
• 

  

  /35

  $315,000

  • 3 Beds
  • 2.5 Baths
  • 2,218 Sq Ft

  2309 Hickory Path Dr, Cordova, TN 38016

  Welcome Home to this beautiful updated 3-bedroom, 2.5 bath home offering the perfect blend of modern comfort, thoughtful upgrades and outdoor living. The stylish kitchen designed for everyday living & entertaining featuring custom cabinetry w/ convenient pull-out shelving & drawer inserts, SS appliances, gas double oven range w/one convection oven, ample workspace to prepare multiple dishes with

  Victory Neal Crye-Leike, Inc., REALTORS

  2309 Hickory Path Dr, Cordova, TN 38016
• 

  

  /13

  $210,000

  • 3 Beds
  • 2 Baths
  • 1,934 Sq Ft

  5355 Rock Ridge Rd S, Memphis, TN 38134

  Add this one to your Investment Portfolio! Great Home, Great Area!! 3 Bedrooms, 2 Full Baths with a Bonus Room. All Hardwood & Tile. This home is Occupied by a Tenant and An Accepted Contract will be needed to Schedule a Showing.

  Sheila Ridgway 901, REALTORS

  5355 Rock Ridge Rd S, Memphis, TN 38134
• 

  

  /33

  $153,000

  • 2 Beds
  • 1 Bath
  • 806 Sq Ft

  66 Monroe Ave Unit 304, Memphis, TN 38103

  Experience the best of Downtown Memphis living in this beautifully maintained condo in the historic Shrine Building. This 2-bedroom, 1-bath residence offers an open-concept layout with hardwood floors, a spacious kitchen with breakfast bar, and abundant natural light. Residents enjoy access to desirable amenities including a rooftop deck with Mississippi River views, fitness center, pool, sauna,

  Courtney Clark Keller Williams

  66 Monroe Ave Unit 304, Memphis, TN 38103
• 

  

  /14

  $102,500

  • 3 Beds
  • 1 Bath
  • 1,222 Sq Ft

  1450 Lambert St, Memphis, TN 38108

  INvestor Alert! An awesome opportunity to add to your portfolio. This cozy home spans 1,222 square feet and features three bedrooms and one bathroom, offering ample living space without breaking the bank. Located at the quiet end of a cove, the property promises a peaceful living environment, a single-family house available for purchase, ideally suited for buyers looking for a budget-friendly

  James Johnson KAIZEN Realty, LLC

  1450 Lambert St, Memphis, TN 38108
• 

  

  /28

  $125,000

  • 1 Bed
  • 1 Bath
  • 741 Sq Ft

  1960 N Parkway Unit 205, Memphis, TN 38112

  Amazing Remodeled Unit on the Second Floor!!!! Beautifully Designed One Bedroom condo Furnished, and Offers a perfect blend of Space, Natural Light, Convenience, and Effortless Urban Living! New Flooring, Updated Kitchen Surfaces, Oven, Dishwasher, Updated Bathroom! Has HUGE Walk In Closet and Spacious Bedroom!!! The Maintenance Fee includes Water and Electric, Building Insurance, 24/7 Access

  Bill Malone Crye-Leike, Inc., REALTORS

  1960 N Parkway Unit 205, Memphis, TN 38112
• 

  

  /20

  $240,000

  • 4 Beds
  • 2 Baths
  • 2,122 Sq Ft

  4393 Manor Brier Dr, Memphis, TN 38125

  Opportunity awaits with this spacious 4-bedroom, 2-bath home featuring a 2-car garage in an established community. This diamond in the rough offers a generous floor plan and plenty of potential for investors, renovators, or buyers looking to add their personal touch. Conveniently located near shopping, dining, transportation, houses of worship, parks, and other everyday lifestyle amenities, the

  Sherry Cole John Green & Co., REALTORS

  4393 Manor Brier Dr, Memphis, TN 38125
• 

  

  /20

  $205,000

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,388 Sq Ft

  6742 Norfield Dr, Memphis, TN 38115

  Beautiful house 3 bedrooms 2 bath ~ New kitchen ~ Brick chimney ~ Open concept ~ New flooring ~ Freshly painted interior & exterior ~ 2 car garage ~Big back yard ~ Stove , Fridge

  Adam Watson Keller Williams

  6742 Norfield Dr, Memphis, TN 38115
• 

  

  /13

  $185,000

  $13K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,260 Sq Ft

  1774 Crump Ave Unit A, Memphis, TN 38107

  Investor Opportunity – Income-Producing Duplex Great investment opportunity! These duplex features two 1BR/1BA units. One unit is currently occupied on a month-to-month lease generating $550 on a year lease, providing immediate rental income, while the second unit is vacant and move-in ready. Ideal for investors or owner-occupants looking to live in one unit and rent the other. Convenient layout

  LaTonya Hammond Lawrence Johnson, REALTORS

  1774 Crump Ave Unit A, Memphis, TN 38107
• 

  

  /12

  $155,900

  • 3 Beds
  • 1.5 Baths
  • 1,830 Sq Ft

  2624 Courtney Dr, Memphis, TN 38128

  This 3-bedroom, 2.5 bath home features a functional layout with functional living space throughout. Enjoy a large bonus bedroom on the lower level with a separate bathroom and standup shower. With solid bones and room for updates, this home offers a great opportunity to add value and make it your own. Conveniently located near schools, shopping, and major roadways for easy access. Property is

  Makayla Metcalf-Martin Keller Williams

  2624 Courtney Dr, Memphis, TN 38128
• 

  

  /26

  $349,900

  $50K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,806 Sq Ft

  116 S Front St Unit 201, Memphis, TN 38103

  Arguably one of the best locations in downtown Memphis, this spacious New York-style warehouse walk-up loft places you right in the center of it all. Just one block from Main Street, Tom Lee Park, AutoZone, and the Memphis Brooks Museum, and only steps from Beale Street, FedExForum, and the Peabody. The Orpheum is two blocks away, with easy interstate access nearby and surrounded by top

  Adam Kalin Keller Williams

  116 S Front St Unit 201, Memphis, TN 38103
• 

  

  /11

  $155,000

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

  3294 Lockmeade Dr, Memphis, TN 38127

  Renovated, New windows, Roof, and Paint. Property is currently being rented. Owner is selling As-Is, No Owner Financing.

  Ruby Cardenas Keller Williams

  3294 Lockmeade Dr, Memphis, TN 38127
• 

  

  /40

  $225,000

  • 2 Beds
  • 2 Baths
  • 1,472 Sq Ft

  378 N Willett St, Memphis, TN 38112

  Fantastic opportunity in the heart of Midtown! Whether you are looking to owner occupy one side and rent the other or add a solid investment property to your portfolio, this duplex is full of potential. Both sides are identical and offer 1 bedroom, 1 bath, gas cooking and heat, plus all appliances remain including 2 window units per side. With approximately 1,472 total square feet, the property

  Amanda Lott BHHS McLemore & Co., Realty

  378 N Willett St, Memphis, TN 38112
• 

  

  /10

  $119,000

  $7K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,030 Sq Ft

  901 Chesterton Dr, Memphis, TN 38127

  This property is leased at $975 per month through 02/05/2027. Comprehensively renovated with a focus on durability and efficiency, this property offers strong long-term rental appeal. Key improvements include a new HVAC condenser, fully updated kitchen with new cabinetry and fixtures, repaired and refreshed flooring, and extensive interior drywall and paint work. Exterior upgrades feature full

  James Wachob Foundation Property Management

  901 Chesterton Dr, Memphis, TN 38127
• 

  

  /21

  $205,000

  $15K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,068 Sq Ft

  2749 Colonial Towers Dr, Cordova, TN 38016

  Discover a well-maintained Cordova home offering comfort, convenience, and a motivated seller ready to make a deal. This property features a functional layout with spacious living areas, a bright kitchen, and comfortable bedrooms designed for everyday living. Enjoy a private backyard with room to relax or entertain. Perfectly positioned in an established neighborhood just moments from premier

  Donnie Morrow eXp Realty, LLC

  2749 Colonial Towers Dr, Cordova, TN 38016
• 

  

  /27

  $209,900

  $10K PRICE DROP

  • 6 Beds
  • 4 Baths
  • 4,080 Sq Ft

  925 N Parkway, Memphis, TN 38105

  Taylor Lewis Renshaw Company, REALTORS

  925 N Parkway, Memphis, TN 38105
• 

  

  /31

  $215,000

  $40K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,313 Sq Ft

  3912 Autumn Harvest Ln, Memphis, TN 38125

  NEW PRICE!!! Beautiful 3BR/2BA Home Near Lowrance K-8 School. *No City Tax, Close to TN-385 & Convenient! Walk to the Lowrance Road Park. Pretty & Very Cute Home with Open Floor Plan, Nice Great Room with fireplace, Open to the kitchen, Open to the Living Room with Dining Combination. *NO Carpets Home!!! New vinyl plank flooring in 2 bathrooms, New water-resistant flooring at hall way and

  Jing Chen Roachell Crye-Leike, Inc., REALTORS

  3912 Autumn Harvest Ln, Memphis, TN 38125
• 

  

  /10

  $108,999

  $9K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,290 Sq Ft

  2574 Saint Elmo Ave, Memphis, TN 38127

  ATTENTION INVESTORS! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 3-bedroom, 1-bath single-family home is currently generating $1,100/ month in rental income, with the current lease running through 07/14/2027. An opportunity to purchase an income-producing property with a tenant already in place. Please do not disturb the

  James Wachob Foundation Property Management

  2574 Saint Elmo Ave, Memphis, TN 38127
• 

  

  /35

  $259,900

  $19K PRICE DROP

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

  600 S Main St Unit 101, Memphis, TN 38103

  Live in the heart of it all with this spacious 2 bed, 2 bath condo located just off iconic Main Street in the heart of downtown! This beautifully maintained unit offers an open layout complete with a cozy fireplace and tons of natural light, perfect for entertaining or simply relaxing in style. Enjoy the ultimate staycation lifestyle—walk to your favorite restaurants, shops, festivals, Redbirds

  Brad Beall Crye-Leike, Inc., REALTORS

  600 S Main St Unit 101, Memphis, TN 38103
• 

  

  /15

  $237,405

  $12K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 2,505 Sq Ft

  4795 Rolling Meadows Dr, Memphis, TN 38128

  Come and See this Very Spacious 3 Bedroom/2Full Bath + 1 Half Bath Home with Large Bonus Room & Large Closets and Lots of Storage! Featuring a Cozy Fireplace with Plenty of Room to Relax, Grow and Entertain. Step into the Fully Fenced Backyard with Lots of Room for Outdoor Living & Gardening. Roof, HVAC, Furnace, HWH All New installed 2018 This home is Tenant Occupied.

  Sheila Ridgway 901, REALTORS

  4795 Rolling Meadows Dr, Memphis, TN 38128
• 

  

  /9

  $185,000

  • 4 Beds
  • 4 Baths
  • 2,709 Sq Ft

  996 University St, Memphis, TN 38107

  Great Occupied investment Opportunity! Duplex! This property is currently occupied by a tenant in one unit who is paying $895 per month and is on a lease from 4/15/2026 until 4/14/2028. The other unit is occupied by a tenant who has been in the home since 2020 and is on a lease until 4/30/26 - They are paying $885 per month and have been sent a renewal but it is not signed yet. There is

  Alex Evans Reedy & Company, REALTORS

  996 University St, Memphis, TN 38107

Showing Results 641 - 680, Page 17 of 18