2,145

Memphis, TN Homes for Sale under $400,000

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  • /37

    $250,000

    • 3 Beds
    • 2 Baths
    • 1,426 Sq Ft

    4005 Long Creek Rd, Memphis, TN 38125

    Welcome home to this beautifully styled and well-maintained 3-bedroom, 2-bath home located in the heart of Southeast Memphis with only One TAX (County). This home offers a perfect blend of comfort, functionality, and bold modern design. Step inside to a spacious great room featuring rich wood flooring, a cozy fireplace, and eye-catching red, black, and gray accents that create a warm and inviting

    Agent Photo

    Tara Woodley

    Zach Taylor Real Estate

    4005 Long Creek Rd, Memphis, TN 38125
  • /9

    $135,000

    • 2 Beds
    • 2 Baths
    • 1,050 Sq Ft

    2982 Shannon Ave, Memphis, TN 38108

    Come see this awesome duplex ! One side is vacant. One side is tenant occupied at $750 a little below market rent of $800-850 per side. Long term tenant and low maintenance brick exterior ! Total rents should be about $1550-1600 a great ROI after expenses. Ready to rent and vacant side can be shown. No showings on tenant occupied side without contract. Do not Disturb Tenants. No sign in yard.

    Agent Photo

    Pablo Pereyra

    901, REALTORS

    2982 Shannon Ave, Memphis, TN 38108
  • /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.

    Agent Photo

    Caleb Hall

    Keller Williams

    1543 Stacey St, Memphis, TN 38108
  • /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.

    Agent Photo

    Caleb Hall

    Keller Williams

    801 Isabelle St, Memphis, TN 38122
  • /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.

    Agent Photo

    Caleb Hall

    Keller Williams

    3768 Faxon Ave, Memphis, TN 38122
  • /8

    $275,000

    • Land
    • 5.58 Acres
    • $49,283 per Acre

    0 Airways Blvd Unit 28350086, Memphis, TN 38114

    5.58 acres at corner of Airways Blvd and Pecan Circle

    Agent Photo

    Jason Miller

    eXp Realty

    0 Airways Blvd Unit 28350086, Memphis, TN 38114
  • /24

    $285,000

    $40K PRICE DROP
    • 4 Beds
    • 1.5 Baths
    • 2,493 Sq Ft

    790 Colonial Rd, Memphis, TN 38117

    CASH ONLY / AS-IS / RARE EAST MEMPHIS INFILL OPPORTUNITY. Unlock a rare chance to secure a nearly 1 acre property - the largest lot on Colonial between Park and Poplar. This elevated 0.88-acre parcel sits in one of East Memphis' most established and desirable areas, surrounded by condos, townhomes, and long-standing residential communities. The 1903 farmhouse is being sold AS-IS, with value

    Agent Photo

    Michelle Shaver-Simpson

    Crye-Leike, Inc., REALTORS

    790 Colonial Rd, Memphis, TN 38117
  • /11

    $100,000

    $25K PRICE INCREASE
    • 2 Beds
    • 2 Baths
    • 1,395 Sq Ft

    2365 Dexter Ave, Memphis, TN 38108

    Check out this awesome value-add investment! This duplex features 1 bed and 1 bath on each side. Total monthly rent is $1200/month. Both sides have new heat/cool window units. No viewing until a contract is in place...do not disturb occupants. No seller financing, no wholesalers, no creative financing.

    Agent Photo

    Haydn Wiseman

    Cahltrep Realty, LLC

    2365 Dexter Ave, Memphis, TN 38108
  • /38

    $215,900

    • 3 Beds
    • 2 Baths
    • 1,892 Sq Ft

    137 Champa Ave, Memphis, TN 38109

    Space Space & more Space!! Come and see it to believe it. Step into this huge beautifully maintained 3 bedroom, 2 full bath home that offers a spacious split floor plan across 1,850+ sq. ft. of comfortable living. The home boasts three oversized bedrooms with boundless potential. The kitchen features gleaming stainless steel appliances and premium black granite countertops. A spacious great

    Agent Photo

    Nicole Sykes

    The Home Partners Realty

    137 Champa Ave, Memphis, TN 38109
  • /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.

    Agent Photo

    Caleb Hall

    Keller Williams

    3126 Crump Ave, Memphis, TN 38112
  • /19

    $100,000

    • 2 Beds
    • 1 Bath
    • 725 Sq Ft

    1984 N Dianne Cir, Memphis, TN 38114

    Looking to add to your Investment Portfolio, here you go!!! Check out this 2 Bedroom 1 bath, Newly Renovated throughout with Appliances, Central AC and Heat. Please DO NOT DISTURB TENANT, Rented for $1000 per month through Section 8, Lease started 8/2026. *** Please Drive by to make offers and View with a Seller Accepted Offer only.*** Cash Buyers must Show Valid Proof of funds, Loans are

    Agent Photo

    Tara Woodley

    Zach Taylor Real Estate

    1984 N Dianne Cir, Memphis, TN 38114
  • /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.

    Agent Photo

    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.

    Agent Photo

    Caleb Hall

    Keller Williams

    1194 Wingfield Rd, Memphis, TN 38122
  • /18

    $169,900

    $20K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,064 Sq Ft

    3579 Carnes Ave, Memphis, TN 38111

    CONTRACT FAILED and it AVALIBLE again!! Dont miss this 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

    Agent Photo

    John Stamps

    The Stamps Real Estate Company

    3579 Carnes Ave, Memphis, TN 38111
  • /2

    $125,000

    • 2 Beds
    • 1 Bath
    • 918 Sq Ft

    2022 Boyle Ave, Memphis, TN 38114

    Agent Photo

    Leaser Coleman

    Empire Realty, LLC

    2022 Boyle Ave, Memphis, TN 38114
  • /24

    $139,900

    $5K PRICE DROP
    • 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

    Agent Photo

    Blake Clothier

    Premier Realty Group, LLC

    3580 Ramill Rd, Memphis, TN 38128
  • /6

    $145,000

    $5K PRICE DROP
    • Land
    • 27,007 Sq Ft
    • $233,871 per Acre

    3183 N Thomas St, Memphis, TN 38127

    CMU -1- Commercial Mixed Use-1 - Former car lot. .62 acres. Two parcels to be sold as one sale; not to be separated. This is a fenced parking lot, w/ the slab where an existing building stood, that has been removed. This is a great location to build your brand. Directly across the street is the Northgate Shopping Center with National anchors: AutoZone, Subway. One block to the South is a newly

    Agent Photo

    Todd Adams

    Keller Williams

    3183 N Thomas St, Memphis, TN 38127
  • /24

    $139,900

    $20K PRICE DROP
    • 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

    Agent Photo

    Haydn Wiseman

    Cahltrep Realty, LLC

    5181 Cana Rd, Memphis, TN 38109
  • /16

    $184,901

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

    705 Semmes St, Memphis, TN 38111

    TWO WORDS: "CASH" - "FLOW". Don't miss a fantastic duplex investment opportunity here in the heart of Memphis! This fully remodeled property features a 2/1 bath unit as well as a 1/1 bath unit, both currently occupied, providing immediate rental income at $2100 a month! Whether you're looking to expand your investment portfolio or take advantage of a house hacking opportunity by living in one

    Agent Photo

    Dylan Johnson

    901, REALTORS

    705 Semmes St, Memphis, TN 38111
  • /27

    $240,000

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

    4928 Phipps Dr, Memphis, TN 38125

    MOTIVATED SELLER! This charming 3-bedroom home offers great potential and is ready for its next owner. Featuring a desirable split-bedroom floor plan, brand-new carpet, and a nice corner lot, this property is an excellent opportunity for a first-time homebuyer or anyone looking to add their own personal touches. The home needs some TLC, but the possibilities are endless! Bring your vision and

    Agent Photo

    Darcus Payne

    Keller Williams

    4928 Phipps Dr, Memphis, TN 38125
  • /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.

    Agent Photo

    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.

    Agent Photo

    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.

    Agent Photo

    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.

    Agent Photo

    Caleb Hall

    Keller Williams

    1241 Holliday St, Memphis, TN 38122
  • /2

    $101,080

    • 2 Beds
    • 1 Bath
    • 784 Sq Ft

    4233 Riviera Rd, Memphis, TN 38108

    Renovated rental property with an active lease in place. Currently leased at $650 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    4233 Riviera Rd, Memphis, TN 38108
  • /2

    $125,000

    $9K PRICE INCREASE
    • 2 Beds
    • 1 Bath
    • 940 Sq Ft

    724 N Holmes St, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $975 with a lease expiration of 12/31/2026. No creative finance offers.

    Agent Photo

    Caleb Hall

    Keller Williams

    724 N Holmes St, Memphis, TN 38122
  • /2

    $159,000

    $43K PRICE INCREASE
    • 3 Beds
    • 1.5 Baths
    • 1,001 Sq Ft

    1481 Stacey St, Memphis, TN 38108

    Renovated rental property with an active lease in place. Currently leased at $860 month to month. No creative finance offers.

    Agent Photo

    Caleb Hall

    Keller Williams

    1481 Stacey St, Memphis, TN 38108
  • /2

    $118,370

    • 2 Beds
    • 1 Bath
    • 720 Sq Ft

    3817 Chelsea Ave, Memphis, TN 38108

    Renovated rental property with an active lease in place. Currently leased at $700 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    3817 Chelsea Ave, Memphis, TN 38108
  • /2

    $105,070

    • 2 Beds
    • 1 Bath
    • 772 Sq Ft

    3740 E Mallory Ave, Memphis, TN 38111

    Renovated rental property with an active lease in place. Currently leased at $700 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    3740 E Mallory Ave, Memphis, TN 38111
  • /2

    $140,980

    • 2 Beds
    • 1 Bath
    • 1,079 Sq Ft

    3437 Vernon Ave, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $900 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    3437 Vernon Ave, Memphis, TN 38122
  • /2

    $146,300

    • 3 Beds
    • 1 Bath
    • 1,074 Sq Ft

    1771 Wells Station Rd, Memphis, TN 38108

    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.

    Agent Photo

    Caleb Hall

    Keller Williams

    1771 Wells Station Rd, Memphis, TN 38108
  • /2

    $220,780

    • 2 Beds
    • 2 Baths
    • 1,351 Sq Ft

    796 Isabelle St, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $1,350 with a lease expiration of 04/31/2026. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    796 Isabelle St, Memphis, TN 38122
  • /31

    $279,000

    • 3 Beds
    • 2 Baths
    • 1,374 Sq Ft

    1125 Marcia Rd, Memphis, TN 38117

    Welcome home to this beautiful brick ranch in Colonial Acres where the charm starts at the covered front porch and carries out to a private, fenced backyard where a 12x16 stained deck sits under a cedar pergola with cafe lights. Inside, hardwood floors run through every room, crown molding tops the main living spaces, and the open living and dining room leads right out to the deck. The kitchen

    Agent Photo

    Vivian Denogean

    Fast Track Realty, LLC

    1125 Marcia Rd, Memphis, TN 38117
  • /15

    $105,000

    $25K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,155 Sq Ft

    5096 Belfast Dr, Memphis, TN 38127

    BACK ON THE MARKET AT NO FAULT OF THE SELLER!! SIGNIFICANT PRICE REDUCTION- PRICED FOR A QUICK SALE !!Great-looking rehab - perfect for a first-time buyer (ask about USDA financing) or a smart investment opportunity. The seller has completed major updates, including a brand-new dimensional roof, fresh interior and exterior paint, new A/C condenser and furnace A-coil, updated fans and light

    Agent Photo

    Steve Boysen

    Crye-Leike, Inc., REALTORS

    5096 Belfast Dr, Memphis, TN 38127
  • /2

    $168,910

    • 3 Beds
    • 2 Baths
    • 1,230 Sq Ft

    4248 Truman Ave, Memphis, TN 38108

    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.

    Agent Photo

    Caleb Hall

    Keller Williams

    4248 Truman Ave, Memphis, TN 38108
  • /37

    $250,000

    $10K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,371 Sq Ft

    1526 Vera Cruz St, Memphis, TN 38117

    Welcome to 1526 Vera Cruz, a charming East Memphis home nestled in the desirable Colonial Acres neighborhood! This 3-bedroom home offers beautiful hardwood floors, a renovated kitchen with granite countertops, smooth ceilings, and a versatile bonus office space. Enjoy a spacious fenced backyard, detached garage with workshop space, and plenty of room to relax or entertain. Conveniently located

    Agent Photo

    Caleb Hall

    Keller Williams

    1526 Vera Cruz St, Memphis, TN 38117
  • /15

    $275,000

    • 3 Beds
    • 2.5 Baths
    • 1,800 Sq Ft

    2211 Stone Stream Cove, Cordova, TN 38016

    ?? **Just Listed – Fully Renovated in Memphis!** ? ?? **2211 Stone Stream, Memphis, TN** ?? **Offered at $275,000** Welcome home to this **beautifully renovated** property that's move-in ready from top to bottom! Every detail has been thoughtfully updated, offering modern finishes, stylish design, and the peace of mind that comes with a fresh renovation. ? **Property Highlights:** ?? Fully

    Agent Photo

    Austin Hall

    Evernest Too, LLC

    2211 Stone Stream Cove, Cordova, TN 38016
  • /2

    $149,000

    $15K PRICE INCREASE
    • 3 Beds
    • 1 Bath
    • 1,031 Sq Ft

    3601 Mayfair Ave, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $800 month to month. No creative finance offers.

    Agent Photo

    Caleb Hall

    Keller Williams

    3601 Mayfair Ave, Memphis, TN 38122
  • /2

    $144,970

    • 3 Beds
    • 1 Bath
    • 796 Sq Ft

    1456 Orr St, Memphis, TN 38108

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

    Agent Photo

    Caleb Hall

    Keller Williams

    1456 Orr St, Memphis, TN 38108
  • /5

    $117,901

    • 3 Beds
    • 1 Bath
    • 1,100 Sq Ft

    706 Northaven Dr, Memphis, TN 38127

    Investor Special!!! No showings until accepted offer. Wonderful tenant occupied property that can be added to your rental portfolio! Currently rented at $1,150 with the lease ending in July. This charming 3-bedroom, 1-bathroom home was completely updated only a few years ago. With new tile in the kitchen and an updated bathroom, this property easily provides the ability to host and entertain.

    Agent Photo

    Dylan Johnson

    901, REALTORS

    706 Northaven Dr, Memphis, TN 38127

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