Memphis, TN Homes for Sale under $400,000

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  /2

  $125,020

  • 2 Beds
  • 1 Bath
  • 672 Sq Ft

  3734 Townes Ave, Memphis, TN 38122

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

  

  Caleb Hall

  Keller Williams

  3734 Townes Ave, Memphis, TN 38122
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  /2

  $139,000

  $16K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,621 Sq Ft

  1472 E Holmes Rd, Memphis, TN 38116

  Investor Opportunity – Turnkey Rental with Long-Term Tenant Located at 1472 E Holmes Rd, Memphis, TN, this income-producing property is a solid addition to any rental portfolio. Currently generating $1,185/month in rent, this home offers immediate cash flow with a reliable tenant in place for over 10 years—a rare and valuable advantage for investors seeking stability. This property minimizes

  

  Austin Hall

  Evernest Too, LLC

  1472 E Holmes Rd, Memphis, TN 38116
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  /29

  $244,900

  $5K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,506 Sq Ft

  4356 Cedar Hills Rd, Memphis, TN 38135

  Welcome home to this charming and move-in-ready 4-bedroom, 2-bath residence, all conveniently situated on one level. Nestled in a peaceful community with the advantage of county taxes only, this home offers the perfect blend of comfort, convenience, and value. Enjoy beautiful views of Spring Lake from the front of the property and a beautifully manicured yard that enhances its curb appeal.

  

  Jo Mathes

  Pinnacle Realty

  4356 Cedar Hills Rd, Memphis, TN 38135
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  /2

  $159,000

  $13K PRICE INCREASE

  • 3 Beds
  • 1 Bath
  • 1,344 Sq Ft

  683 Hudson St, Memphis, TN 38112

  Renovated rental property with an active lease in place. Currently leased at $975 month to month. No creative finance offers.

  

  Caleb Hall

  Keller Williams

  683 Hudson St, Memphis, TN 38112
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  /2

  $211,470

  • 4 Beds
  • 2 Baths
  • 1,597 Sq Ft

  1925 Davis Cir, Memphis, TN 38128

  Renovated rental property with an active lease in place. Currently leased at $800 and the tenant is month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  1925 Davis Cir, Memphis, TN 38128
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  /2

  $147,630

  • 2 Beds
  • 1 Bath
  • 916 Sq Ft

  3561 Orchi Rd, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $1,000 with a lease expiration of 03/31/2026. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  3561 Orchi Rd, Memphis, TN 38108
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  /19

  $117,900

  $2K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 935 Sq Ft

  829 Josephine St, Memphis, TN 38114

  Welcome home to this charming renovated 2 BR + 1 Bath home with modern updates throughout. This move-in ready home features fresh interior & exterior paint, new vinyl wood flooring, and updated interior & exterior light fixtures. The kitchen has been refreshed with white shaker cabinets & new countertops, offering a clean and functional space. The bathroom includes a new vanity and updated

  

  Raychel Day

  Renshaw Company, REALTORS

  829 Josephine St, Memphis, TN 38114
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  /2

  $170,240

  • 3 Beds
  • 1 Bath
  • 1,400 Sq Ft

  1905 Sierra St, Memphis, TN 38128

  Renovated rental property with an active lease in place. Currently leased at $1,195 with a lease expiration of 11/31/2026. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  1905 Sierra St, Memphis, TN 38128
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  /2

  $164,920

  • 3 Beds
  • 1 Bath
  • 1,316 Sq Ft

  3299 Bowen Ave, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $1,000 with a lease expiration of 06/31/2026. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  3299 Bowen Ave, Memphis, TN 38122
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  /2

  $148,960

  • 3 Beds
  • 1 Bath
  • 974 Sq Ft

  3954 Berkshire Ave, Memphis, TN 38108

  Renovated rental property with an active lease in place. Currently leased at $725 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  3954 Berkshire Ave, Memphis, TN 38108
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  /2

  $174,230

  • 2 Beds
  • 1 Bath
  • 1,000 Sq Ft

  4942 Byron Rd, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $1,225 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  4942 Byron Rd, Memphis, TN 38122
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  /2

  $176,890

  • 3 Beds
  • 1 Bath
  • 1,412 Sq Ft

  3070 Guernsey Ave, Memphis, TN 38112

  Renovated rental property with an active lease in place. Currently leased at $1,275 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

  3070 Guernsey Ave, Memphis, TN 38112
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  /20

  $325,000

  $25K PRICE DROP

  • Land
  • 4.56 Acres
  • $71,272 per Acre

  0 Rocky Cannon Rd Unit 12, Cordova, TN 38018

  NO CITY TAXES! Discover the perfect canvas for your dream home on this stunning 4.56-acre lot in Fox Hollow Farms. Embrace the tranquility of country living with no city taxes, while enjoying the convenience of nearby amenities. This enchanting property features a stocked lake, bordered by mature trees, nestled in a serene cove. Utilities are at the street, offering an ideal setting for your

  

  Elizabeth Duke

  The Firm | Memphis Real Estate

  0 Rocky Cannon Rd Unit 12, Cordova, TN 38018
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  /35

  $263,900

  $6K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 2,065 Sq Ft

  1271 Harbert Ave, Memphis, TN 38104

  This charming 1916 bungalow-style fixer-upper in the heart of desirable Midtown Memphis offers tremendous potential for investors, flippers, or homeowners seeking a rewarding renovation project. Boasting 3 bedrooms and 1 bathroom across approximately 2,065 square feet of living space, this single-family home sits on a generous lot, providing ample room for expansion, a larger backyard oasis, or

  

  Joseph Cummings

  Epique Realty

  1271 Harbert Ave, Memphis, TN 38104
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  /2

  $179,550

  • 3 Beds
  • 1 Bath
  • 1,548 Sq Ft

  3570 Faxon Ave, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $980 month to month. No creative finance offers.

  

  Caleb Hall

  Keller Williams

  3570 Faxon Ave, Memphis, TN 38122
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  /10

  $170,000

  $5K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 800+ Sq Ft

  655 S Riverside Dr Unit 1008A, Memphis, TN 38103

  Premier Gated Community in Downtown Memphis! This united is located on the 10th floor in the highly sought after River Towers! This gated building has 24 hour security guard, pool, tennis court, outdoor grilling area, workout room, gated pet area, catering kitchen boardroom and ample common spaces for entertaining! The monthly maintenance fee include all utilities!! Great Place to relax and watch

  

  Michael Ford

  Coldwell Banker Heritage Homes

  655 S Riverside Dr Unit 1008A, Memphis, TN 38103
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  /2

  $146,000

  • 3 Beds
  • 2 Baths
  • 1,451 Sq Ft

  4117 Grey Rd, Memphis, TN 38108

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

  

  Caleb Hall

  Keller Williams

  4117 Grey Rd, Memphis, TN 38108
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  /2

  $180,880

  • 3 Beds
  • 2 Baths
  • 1,498 Sq Ft

  1195 Wingfield Rd, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $925 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  1195 Wingfield Rd, Memphis, TN 38122
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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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  /39

  $230,000

  Open Sun 2PM - 4PM

  • 3 Beds
  • 1.5 Baths
  • 1,065 Sq Ft

  4777 Parkside Ave, Memphis, TN 38117

  Move right in! This impeccably maintained, tastefully updated home is loaded with recent improvements, including a brand-new roof, renovated kitchen with new appliances and acacia butcher block countertops, refinished hardwood floors, fresh interior paint throughout, and a new deck. Additional updates include a 2024 tankless water heater, and the new washer & dryer remain. Exceptional storage

  

  Fontaine Albritton

  Crye-Leike, Inc., REALTORS

  4777 Parkside Ave, Memphis, TN 38117
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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

Showing Results 121 - 160, Page 4 of 18