Memphis, TN Homes for Sale under $400,000

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  /26

  $249,900

  $50K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 2,284 Sq Ft

  5308 Park Ave, Memphis, TN 38119

  BACK ON THE MARKET!! Rare Opportunity in the Highly Desirable Park Estates Area Welcome to this absolutely perfect Park Estates home, ideally suited for today’s market. Centrally located in the heart of Memphis, Tennessee, this beautifully updated townhouse offers the convenience and lifestyle today’s buyers are seeking. This home features 3 bedrooms and 2.5 bathrooms, with the half bath

  

  Valencia Gathwright

  Keller Williams

  5308 Park Ave, Memphis, TN 38119
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  /40

  $279,900

  • 3 Beds
  • 2 Baths
  • 1,319 Sq Ft

  1020 Sandra St, Memphis, TN 38122

  This unique property offers a rare opportunity, presenting a versatile layout ideal for owner occupants or potential multi-tenant rental income. The main house first floor is 1320+/- sq ft and the finished attic space has a full bathroom, making it a great addition to this home that was recently updated with fresh paint and newly renovated kitchen and bathrooms. Just out of the backdoor, is a

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  1020 Sandra St, Memphis, TN 38122
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  /20

  $285,000

  $30K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,944 Sq Ft

  4153 Brookhill Ln, Memphis, TN 38135

  NEW PRICE! SELLER WILL PAY BUYERS closing Don’t overlook this standout opportunity in the highly desirable East hill community. Located in a walkable neighborhood with a grammar school just down the street, this beautifully updated 3-bedroom, 2-bath home offers both comfort and convenience. Fresh interior paint, stunning new wide-plank laminate flooring, and plush new carpet in the bedrooms

  

  Steve Boysen

  Crye-Leike, Inc., REALTORS

  4153 Brookhill Ln, Memphis, TN 38135
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  /26

  $218,000

  $7K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,152 Sq Ft

  1011 Philadelphia St, Memphis, TN 38104

  Spacious and renovated 3 bedroom 2 bath in Historically Hip Cooper Young. Features renovated kitchen with granite countertops, updated appliances, restored cabinetry, and brand new fresh tile. The home also features ceiling fans throughout, new and fresh tile in bathrooms, private and spacious side yard, a roof less than 3 years old, and an overall well maintained and cared for house. Book your

  

  Corey Steinberg

  River City Land Co., LLC

  1011 Philadelphia St, Memphis, TN 38104
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  /35

  $364,900

  $14K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,668 Sq Ft

  3630 Highland Park Place, Memphis, TN 38111

  Check out this gem in the heart of Highpoint Terrace featuring a lovely Living Room with cozy updated gas-log fireplace, a beautifully chandeliered Dining Room, a nicely appointed Kitchen and adjoining Laundry/Utility Rooms, 3 Bedrooms and 2 Bathrooms--(3rd bedroom has been used as a Sunroom and a Primary Bedroom in the past.) Outside, you will see the converted Garage that was used as an Office;

  

  Mary McCall

  Burch Realty Group

  3630 Highland Park Place, Memphis, TN 38111
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  /13

  $139,998

  $10K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 1,014 Sq Ft

  1898 Poplar Woods Cir E, Germantown, TN 38138

  Discover low-maintenance living in the heart of Germantown! This move-in ready townhouse features fresh interior paint, two spacious bedrooms, washer/dryer hook-up, and kitchen appliances. Near shopping, dining, and entertainment, this is a great opportunity for first-time buyers, downsizers, or investors. Seller may consider a kitchen island update with an acceptable full-price offer. Call today

  

  Rasheedah Jones

  Dreamteam Realty Co

  1898 Poplar Woods Cir E, Germantown, TN 38138
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  /21

  $270,000

  $5K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,734 Sq Ft

  7436 Appling Club Cir Unit 122, Cordova, TN 38016

  Come see this beautifully updated condo in The Oaks at Appling! The current owners have thoughtfully renovated nearly every corner of this home. Enjoy engineered hardwood and porcelain tile flooring throughout, fully remodeled bathrooms, fresh interior paint, and gorgeous granite countertops in the kitchen. One of the home's most unique features is the garage screen door, which transforms the

  

  Julianne Carney

  Keller Williams

  7436 Appling Club Cir Unit 122, Cordova, TN 38016
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  /2

  $158,270

  • 2 Beds
  • 1 Bath
  • 1,062 Sq Ft

  3796 Longfellow Rd, Memphis, TN 38108

  Renovated rental property with an active lease in place. Current rent is $1,000 a month with a lease expiration of 12/31/26. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  3796 Longfellow Rd, Memphis, TN 38108
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  /2

  $198,170

  • 4 Beds
  • 2 Baths
  • 1,458 Sq Ft

  2132 Brookline Rd, Memphis, TN 38128

  Renovated rental property with an active lease in place. Currently leased at $1,300 month to month. No creative finance offers.

  

  Caleb Hall

  Keller Williams

  2132 Brookline Rd, Memphis, TN 38128
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  /2

  $150,290

  • 3 Beds
  • 1 Bath
  • 1,021 Sq Ft

  3504 Buchanan Ave, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $900 with a lease expiration of 09/31/2026. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  3504 Buchanan Ave, Memphis, TN 38122
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  /2

  $195,510

  • 3 Beds
  • 1.5 Baths
  • 1,106 Sq Ft

  4207 Brenmar Ave, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $1,200 with a lease expiration of 10/31/2026. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  4207 Brenmar Ave, Memphis, TN 38122
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  /11

  $130,000

  $5K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,107 Sq Ft

  2452 Saratoga Ave, Memphis, TN 38114

  INVESTOR ALERT! Turnkey, tenant-occupied duplex with strong cash flow, exceeding the 1% rule. Both units leased at $700/month. Memphis continues to attract investor demand due to affordable price points and solid rent-to-price ratios. No assignable offers. No seller financing. Drive by only. Do not disturb tenants. Showings only with accepted contract.

  

  Walter Jones

  BEST Real Estate Company

  2452 Saratoga Ave, Memphis, TN 38114
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  /31

  $375,000

  $20K PRICE DROP

  • 2 Beds
  • 2.5 Baths
  • 1,736 Sq Ft

  2124 Jefferson Ave, Memphis, TN 38104

  Stunning 3 story modern townhome in the heart of Overton Square. First floor is carport and flex outdoor space with one car garage. Second floor is open living space with luxury kitchen with large island and walk-in pantry. There is a half bath on the second floor. There is also a large balcony over looking the neighborhood. The third floor has a luxury primary suite with a walk-in closet and

  

  Leigh Martin

  Hobson, REALTORS

  2124 Jefferson Ave, Memphis, TN 38104
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  /15

  $129,900

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,420 Sq Ft

  2939 Mountain Terrace St, Memphis, TN 38127

  Step into this inviting 3-bedroom, 2-bath home nestled in a peaceful, established neighborhood. From the moment you arrive, you’ll feel the warmth and care that’s gone into maintaining this lovely property. The bright living area is filled with natural light — perfect for relaxing or spending time with family. The kitchen offers plenty of cabinet space and a layout that makes cooking easy and

  

  Zachary Churchey

  Churchey Realty

  2939 Mountain Terrace St, Memphis, TN 38127
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  /2

  $126,350

  • 3 Beds
  • 1 Bath
  • 1,418 Sq Ft

  3348 Lamphier Ave, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $1050 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  3348 Lamphier Ave, Memphis, TN 38122
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  /20

  $215,900

  $14K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,310 Sq Ft

  1903 Capri Rd, Memphis, TN 38117

  Welcome to market this charming home located in the sought after colonial acres community. Recently updated home offers 1310 square feet of open living space. Spacious layout includes living room complete with a wet bar perfect for entertaining. Kitchen with a granite countertops, high quality cabinets, stainless steel appliances, and a large breakfast bar with additional storage. 3 spacious

  

  Raychel Day

  Renshaw Company, REALTORS

  1903 Capri Rd, Memphis, TN 38117
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  /2

  $121,030

  • 3 Beds
  • 1 Bath
  • 1,193 Sq Ft

  3818 Grey Rd, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $750 with a lease expiration of 08/31/2026. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  3818 Grey Rd, Memphis, TN 38108
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  /2

  $192,850

  • 3 Beds
  • 1 Bath
  • 1,468 Sq Ft

  1286 Gherald St, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $1,250 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  1286 Gherald St, Memphis, TN 38122
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  /19

  $144,900

  $15K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,404 Sq Ft

  4253 Cottonwood Rd, Memphis, TN 38118

  Great opportunity for homeowners or investors! This vacant property is move-in ready and offers strong potential as a primary residence or rental investment. Conveniently located with easy access to shopping, dining, and major roadways. Whether you’re looking for your next home or a property to add to your portfolio, this one is worth a look. Schedule your showing today!

  

  Blake Clothier

  Premier Realty Group, LLC

  4253 Cottonwood Rd, Memphis, TN 38118
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  /2

  $159,000

  $49K PRICE INCREASE

  • 2 Beds
  • 1 Bath
  • 962 Sq Ft

  1543 Stacey St, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $975 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  1543 Stacey St, Memphis, TN 38108
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  /2

  $219,450

  • 3 Beds
  • 2 Baths
  • 1,399 Sq Ft

  801 Isabelle St, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $850 month to month. No creative financing offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  801 Isabelle St, Memphis, TN 38122
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  /2

  $167,580

  • 2 Beds
  • 1 Bath
  • 895 Sq Ft

  3768 Faxon Ave, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $1,250 with a lease expiration of 07/31/2026. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  3768 Faxon Ave, Memphis, TN 38122
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  /31

  $180,000

  $15K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,821 Sq Ft

  6128 Raintree Dr, Memphis, TN 38115

  Renovated 3 bedroom 2 bath home in Ridgeway Estates. Ridgeway Estates boasts a prime location with easy access to major highways like Interstates 40, 69, 55, 240, and 269. with nearby parks and recreational facilities available.

  

  Jason Miller

  eXp Realty, LLC

  6128 Raintree Dr, Memphis, TN 38115
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  /39

  $285,000

  $40K PRICE DROP

  • 4 Beds
  • 1.5 Baths
  • 2,493 Sq Ft

  790 Colonial Rd, Memphis, TN 38117

  ***CASH ONLY / AS-IS SALE / EAST MEMPHIS OPPORTUNITY*** Unique prospect to own NEARLY AN ACRE - LARGEST LOT ON COLONIAL BETWEEN PARK AND POPLAR. Located in one of East Memphis's most established areas, surrounded by desirable condo and townhome communities that attract buyers seeking convenience and low-maintenance living. The existing 1903 home is being sold as-is, making this an ideal

  

  Michelle Shaver-Simpson

  Crye-Leike, Inc., REALTORS

  790 Colonial Rd, Memphis, TN 38117
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  /36

  $200,000

  $50K PRICE DROP

  • 4 Beds
  • 3.5 Baths
  • 2,591 Sq Ft

  8405 Brownstone Ln Unit 56, Cordova, TN 38016

  Beautifully updated and move-in ready, this spacious condo features an open floor plan, modern finishes, and abundant natural light. The renovated kitchen offers sleek countertops, custom cabinetry, and stainless-steel appliances. Four generous bedrooms include a stylish primary suite with a spa-like bathroom. All bathrooms have been tastefully upgraded, with a convenient half bath for guests.

  

  Caleb Hall

  Keller Williams

  8405 Brownstone Ln Unit 56, Cordova, TN 38016
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  /2

  $155,000

  • Land
  • 6,969 Sq Ft
  • $968,750 per Acre

  507 Henry Heights Dr, Memphis, TN 38117

  Build your dream home on Lot 17 in the gated Princeton Heights community in the heart of East Memphis! This vacant lot is situated on the end of the quiet street. At 0.16 acre (one of the largest lots), you'll have some space for backyard entertainment along with easy maintenance. All existing homes were built by Chris Tedder, known for exceptional craftsmanship & style. Looking for something

  

  Julie Upchurch

  McWaters & Associates

  507 Henry Heights Dr, Memphis, TN 38117
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  /7

  $204,500

  • 5 Beds
  • 2.5 Baths
  • 1,754 Sq Ft

  4709 Old Raleigh Millington Rd, Memphis, TN 38128

  RARE 5 BR property in Raleigh - Don't Miss It! Freshly renovated home features ALL NEW FLOORING - fresh INTERIOR and EXTERIOR PAINT - NEW HVAC System - NEW Windows and more! Seller providing a $2500 Appliance package (STOVE - DISHWASHER - GARBAGE DISPOSAL).

  

  Gerald Williams

  KAIZEN Realty, LLC

  4709 Old Raleigh Millington Rd, Memphis, TN 38128
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  /34

  $344,900

  • 4 Beds
  • 2.5 Baths
  • 2,443 Sq Ft

  8671 Beckenham Dr, Cordova, TN 38016

  Welcome home to this beautifully refreshed 4-bedroom, 2.5-bath home in the heart of Cordova! Move-in ready with a brand-new roof, fresh interior and exterior paint, new flooring, and updated appliances, this home offers the perfect blend of comfort and style. The spacious floor plan features generous living areas, comfortable bedrooms, and plenty of room to gather, entertain, or simply relax.

  

  Petra Walker

  KAIZEN Realty, LLC

  8671 Beckenham Dr, Cordova, TN 38016
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  /2

  $152,950

  • 2 Beds
  • 1 Bath
  • 990 Sq Ft

  3126 Crump Ave, Memphis, TN 38112

  Renovated rental property with an active lease in place. Currently leased at $____ with a lease expiration of ____. No creative finance offers.

  

  Caleb Hall

  Keller Williams

  3126 Crump Ave, Memphis, TN 38112
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  /3

  $150,000

  • Land

  8607 Geiberger Dr, Memphis, TN 38016

  *** There are very few Golf Course lots available in Memphis and we have 2 for sale*** Come to the beautiful new gated community on the famous picturesque Colonial Country Club, the home of a nationally recognized 18-hole championship course that hosted more than 30 PGA events and crowned great golfers such as Jack Nicklaus, Gary Player and Lee Trevino. These stunning lots directly back up to #1

  

  Anna Thomas

  Keller Williams

  8607 Geiberger Dr, Memphis, TN 38016
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  /2

  $122,360

  • 2 Beds
  • 1 Bath
  • 876 Sq Ft

  3640 Dunn Ave, Memphis, TN 38111

  Renovated rental property with an active lease in place. Currently leased at $750 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  3640 Dunn Ave, Memphis, TN 38111
• 

  /2

  $167,580

  • 2 Beds
  • 1.5 Baths
  • 1,219 Sq Ft

  1194 Wingfield Rd, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $1,100 with a lease expiration of 05/31/2026. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  1194 Wingfield Rd, Memphis, TN 38122
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  /18

  $179,900

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,064 Sq Ft

  3579 Carnes Ave, Memphis, TN 38111

  Charming 2 bedroom 1 Bath cottage located on a safe street walking distance to the U of M campus. This home has been totally renovated 4 years ago for the owners son to attend College. Features include a totally New Kitchen and bathroom. New floors, smoothed ceilings, New hot water heater, New heating and Air, New Electrical panel. Outside of the house was completly painted with a New roof. The

  

  John Stamps

  The Stamps Real Estate Company

  3579 Carnes Ave, Memphis, TN 38111
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  /24

  $145,000

  • 3 Beds
  • 1.5 Baths
  • 1,053 Sq Ft

  3580 Ramill Rd, Memphis, TN 38128

  Turnkey opportunity at 3580 Ramill Rd—ideal for both investors and owner-occupants. This well-maintained home features a functional layout, solid major systems, and minimal deferred maintenance, making for a low-hassle purchase. Investors will appreciate the strong rental potential and consistent demand in the area, while homebuyers will love the move-in ready condition and comfortable living

  

  Blake Clothier

  Premier Realty Group, LLC

  3580 Ramill Rd, Memphis, TN 38128
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  /24

  $160,000

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

  5181 Cana Rd, Memphis, TN 38109

  This renovated home in Westwood Shores has it all. This 3-bedroom, 1.5-bathroom gem has been updated, featuring gorgeous refinished hardwood floors throughout the living spaces along with LVP in the kitchen and dining area. The entire home, inside and out, has fresh paint. The new, updated bathrooms are a nice addition to this already beautiful home. Peace of mind comes easy with a brand new

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  5181 Cana Rd, Memphis, TN 38109
• 

  

  /20

  $294,800

  • 4 Beds
  • 2 Baths
  • 2,013 Sq Ft

  7935 Memphis Arlington Rd, Memphis, TN 38133

  Well maintained 4 BR, 2 BA Bartlett home. Move In Ready! Bartlett Schools. Close to Shopping Primary and extra bedroom downstairs. 2 bedrooms and full bath up with walk-in attic access. Wood laminate flooring down with living room and dining room combination and a separate den with Wood Burning Fireplace with Gas connection. Appliances remain. 9x6 laundry room with pantry. Storage room off of the

  

  Skip Miller

  Morris Realty & Auction, LLC

  7935 Memphis Arlington Rd, Memphis, TN 38133
• 

  /2

  $172,900

  • 2 Beds
  • 1 Bath
  • 828 Sq Ft

  4395 Ferndale Rd, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $1,150 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  4395 Ferndale Rd, Memphis, TN 38122
• 

  /2

  $160,930

  • 3 Beds
  • 1 Bath
  • 1,011 Sq Ft

  4368 Macon Rd, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $1000 with a lease expiration of 09/31/2026.This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  4368 Macon Rd, Memphis, TN 38122
• 

  /2

  $158,270

  • 2 Beds
  • 1 Bath
  • 1,056 Sq Ft

  1474 Orr St, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $1,125 with a lease expiration of 05/31/2026. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  1474 Orr St, Memphis, TN 38108
• 

  /2

  $156,940

  • 3 Beds
  • 1 Bath
  • 911 Sq Ft

  1241 Holliday St, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $1,000 with a lease expiration of 07/31/2026. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  1241 Holliday St, Memphis, TN 38122

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