Memphis, TN Homes for Sale under $400,000

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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

  $125,000

  $10K 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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  /11

  $275,000

  $20K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,333 Sq Ft

  5153 Park Ave, Memphis, TN 38119

  Prime Southeast Corner Development Opportunity – High-Traffic Park & White Station Intersection! 5153 Park Ave, Memphis, TN – Southeast corner of Park Avenue and White Station Road in the heart of East Memphis. This 0.32-acre lot (14,254 sq ft, dimensions 115' x 155') boasts exceptional frontage with curb-cut entrances on both Park Ave and White Station Rd — ideal visibility and access! Currently

  

  Todd Adams

  Keller Williams

  5153 Park Ave, Memphis, TN 38119
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  /28

  $299,000

  $10K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,741 Sq Ft

  627 Watson St, Memphis, TN 38111

  Classic charm, thoughtful updates, and plenty of space inside and out define 627 Watson St. Conveniently located near the University of Memphis, Audubon Park, and the Memphis Botanic Garden, this 4-bedroom, 2-bath home offers timeless character with modern comfort. The main level features inviting living and dining areas, an updated kitchen with white cabinetry and stainless-steel appliances, two

  

  Charles Harris

  Coldwell Banker Collins-Maury

  627 Watson St, Memphis, TN 38111
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  /27

  $184,900

  • 3 Beds
  • 2 Baths
  • 1,113 Sq Ft

  7103 Tagen Dr, Memphis, TN 38133

  Come check out this wonderful Home ! Ready for move in and has a large fenced yard and workshop with beautiful landscaping. Close to Wolfchase and Bartlett , this is the perfect home with 3 large bedrooms and 2 bathroom, the primary walk in closet will delight along with the ensuite bathroom.

  

  Pablo Pereyra

  901, REALTORS

  7103 Tagen Dr, Memphis, TN 38133
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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

  Bealarza Group

  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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  /27

  $179,999

  $19K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,260 Sq Ft

  7 N Alicia Dr, Memphis, TN 38112

  Great Investment opportunity: 2 bed, 1 updated bath, updated kitchen, ac/plumbing /electrical in working order. *Seller is looking for a quick close. "As Is" Purchase. *Open Floor Plan. Fireplace in great room. Very Nice Updated Kitchen, SS gas stove, SS dishwasher, SS refrigerator. Custom built in whisky barrel bar. Bathroom is very custom, lots of shower heads, nice vanity, large toilet. This

  

  Todd Adams

  Keller Williams

  7 N Alicia Dr, Memphis, TN 38112
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  /16

  $102,000

  $8K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,241 Sq Ft

  663 Lucy Ave, Memphis, TN 38106

  This renovated 3 bed, 1 bath home features fresh paint and LVP throughout. It offers a covered front porch and nice sized shaded back yard, which would be great for entertaining. It has brand new wiring and fixtures throughout that should be trouble free for years to come. This property is in the heart of Soulsville just around the corner from The Stax Museum, the Stax Music Academy, and

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  663 Lucy Ave, Memphis, TN 38106
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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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  /25

  $250,000

  • 6 Beds
  • 3 Baths
  • 2,599 Sq Ft

  1210 Theodore St, Memphis, TN 38122

  6 bedroom 3 bath home in Stratford Heights Seller financing available with 25% down.

  

  Jason Miller

  eXp Realty, LLC

  1210 Theodore St, Memphis, TN 38122
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  /8

  $275,000

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

  0 Airways Blvd Unit 10227673, Memphis, TN 38114

  5.58 acres on with 466 ft of Airways Blvd road frontage including 2344 Pecan Circle. Parcels 060118 00081 & 060118 00075 sold together.

  

  Jason Miller

  eXp Realty, LLC

  0 Airways Blvd Unit 10227673, Memphis, TN 38114
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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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  /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

  

  Tara Woodley

  Zach Taylor Real Estate

  4005 Long Creek Rd, Memphis, TN 38125
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  /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.

  

  Pablo Pereyra

  901, REALTORS

  2982 Shannon Ave, Memphis, TN 38108
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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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  /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

  

  Jason Miller

  eXp Realty

  0 Airways Blvd Unit 28350086, Memphis, TN 38114
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  /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

  

  Michelle Shaver-Simpson

  Crye-Leike, Inc., REALTORS

  790 Colonial Rd, Memphis, TN 38117
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  /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.

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  2365 Dexter Ave, Memphis, TN 38108
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  /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

  

  Nicole Sykes

  The Home Partners Realty

  137 Champa Ave, Memphis, TN 38109
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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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  /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

  

  Tara Woodley

  Zach Taylor Real Estate

  1984 N Dianne Cir, Memphis, TN 38114
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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
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  /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

  $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

  

  John Stamps

  The Stamps Real Estate Company

  3579 Carnes Ave, Memphis, TN 38111
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  /2

  $125,000

  • 2 Beds
  • 1 Bath
  • 918 Sq Ft

  2022 Boyle Ave, Memphis, TN 38114

  

  Leaser Coleman

  Empire Realty, LLC

  2022 Boyle Ave, Memphis, TN 38114
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  /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

  

  Blake Clothier

  Premier Realty Group, LLC

  3580 Ramill Rd, Memphis, TN 38128
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  /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

  

  Todd Adams

  Keller Williams

  3183 N Thomas St, Memphis, TN 38127
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  /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

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  5181 Cana Rd, Memphis, TN 38109
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  /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

  

  Dylan Johnson

  901, REALTORS

  705 Semmes St, Memphis, TN 38111
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  /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

  

  Darcus Payne

  Keller Williams

  4928 Phipps Dr, Memphis, TN 38125
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  /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
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  /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
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  /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
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  /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
• 

  /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.

  

  Caleb Hall

  Keller Williams

  4233 Riviera Rd, Memphis, TN 38108
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  /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.

  

  Caleb Hall

  Keller Williams

  724 N Holmes St, Memphis, TN 38122

Showing Results 241 - 280, Page 7 of 18