Memphis, TN Homes for Sale under $500,000

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  $445,900

  • 4 Beds
  • 2.5 Baths
  • 2,200+ Sq Ft

  1855 Oliver Ave, Memphis, TN 38114

  You don't want to miss this 1912 Bungalow styled gem. Located in the heart of Memphis, this home is completely renovated and is currently used as an Airbnb. Home can be purchased fully furnished. NEW HOT WATER TANK, NEW HVAC, NEW FENCE in backyard. Bathrooms feature rain can shower heads. Primary bedroom feature three rain can shower heads and walk in closet. Did we mention the 4th bedroom/Bonus

  

  Reginald Harris

  Harris Realty Services

  (901) 673-3366

  1855 Oliver Ave, Memphis, TN 38114
• Explore Memphis

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  /34

  $475,000

  • 4 Beds
  • 3 Baths
  • 3,200+ Sq Ft

  4931 Princeton Grove, Memphis, TN 38117

  Luxury without the premium price tag! Gated, secure Princeton Grove Cv, East Memphis. Custom built in 2006, 4-bed/3-bath w/ bonus room; guest bedroom down. Prime spot mins from I-240, top schools, parks, dining & shopping—15 mins to Downtown or Germantown. Updated w/ new paint in & out, refinished floors downstairs, hardwood floors & new carpet up, plus LED lighting. Spacious primary suite

  

  Todd Adams

  Keller Williams

  (901) 716-8798

  4931 Princeton Grove, Memphis, TN 38117
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  /40

  $475,000

  • 5 Beds
  • 6 Baths
  • 3,998 Sq Ft

  201 Stonewall St, Memphis, TN 38112

  Timeless Southern Charm Meets Modern Income Potential! Discover this exquisite 1916 Craftsman duplex at 201 Stonewall in the heart of Midtown Memphis' prestigious Historic Evergreen District. 4K sq ft of gracious living space, this Southern classic boasts gleaming hardwood floors, stunning leaded glass windows, soaring 10-ft ceilings and expansive front porches & upper/lower patios framed by

  

  Todd Adams

  Keller Williams

  (901) 673-8108

  201 Stonewall St, Memphis, TN 38112
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  /40

  $434,000

  • 4 Beds
  • 2.5 Baths
  • 3,360 Sq Ft

  6487 Wells Fields Cove, Memphis, TN 38135

  Welcome to a beautifully refreshed property featuring a freshly painted interior and -new carpet in all bedrooms and staircase. This home offers 4 bedrooms on the main level with a spacious bonus room upstairs. Perfect for a playroom or media space. Relax in the primary suite complete with its own cozy fireplace and a generous walk-in-closet. You'll also enjoy a second fireplace in the family

  

  Francine Simon

  Epique Realty

  (901) 660-4963

  6487 Wells Fields Cove, Memphis, TN 38135
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  /26

  $419,900

  • 3 Beds
  • 2.5 Baths
  • 2,454 Sq Ft

  1358 Island Shore Dr, Memphis, TN 38103

  Simply amazing and move-in ready, this thoughtfully updated 3-bedroom, 2.5-bath home with an oversized third-floor bonus room is a true Island gem. Wide-plank laminate flooring flows throughout the main level, paired with smooth 9-foot ceilings that create an open, airy feel. The inviting front living area opens to the hearth room and a spacious, entertainer-friendly kitchen featuring a large

  

  Steve Boysen

  Crye-Leike, Inc., REALTORS

  (901) 621-5360

  1358 Island Shore Dr, Memphis, TN 38103
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  /6

  $400,000

  • Land
  • 0.91 Acre
  • $439,560 per Acre

  7543 Highway 70 E, Memphis, TN 38133

  Commercial land approximately .91 acres located in Bartlett TN near Police Station and YMCA. Level lot with some trees. Great location for business with existing parking lot located next door to Taco Bell and Fat Larrys BBQ. Lot acreage listed on accessor site as 1.24 acres but survey shows 0.913 acres

  

  Heath West

  Crye-Leike, Inc., REALTORS

  (901) 669-3561

  7543 Highway 70 E, Memphis, TN 38133
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  /40

  $489,000

  • 4 Beds
  • 3 Baths
  • 2,800+ Sq Ft

  65 Laverne Ln, Memphis, TN 38117

  This stunning home in East Memphis stands out as one of the best-maintained properties in the area. It features a new roof installed in 2023, a full house generator set for 2024, brand new windows, a recently re-tucked fireplace, and new leaf guards. Woodland Tree Service has cared for the trees annually. All appliances are less than five years old! The layout includes three bedrooms, with the

  

  Leigh Martin

  Hobson, REALTORS

  (901) 459-3206

  65 Laverne Ln, Memphis, TN 38117
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  /39

  $458,000

  • 6 Beds
  • 3 Baths
  • 2,400+ Sq Ft

  245 W Edwin Cir, Memphis, TN 38104

  Memphis' perfect short term rental home! Come see this fully renovated 4 bed/ 2 bath home that features a brand newly built back house that is a comfortable 2 bed/1 bath with stylish touches. You can live in the front house and rent out the back, or run them both as a short term rental to maximize profits. One of the closest short term rentals to the Liberty Bowl, the newly built Memphis Sport &

  

  Corey Steinberg

  River City Land Co., LLC

  (901) 899-1874

  245 W Edwin Cir, Memphis, TN 38104
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  /15

  $400,000

  • Land
  • 9.31 Acres
  • $42,965 per Acre

  3794 Horn Lake Rd, Memphis, TN 38109

  Welcome to 9.3 acres of natural beauty! This property is filled with mature hardwoods and offers a versatile landscape with a mix of open space in the front and serene wooded areas in the back. Its prime location provides quick access to Downtown Memphis, North Mississippi, and Tunica casinos—all within easy driving distance. With plenty of road frontage and secluded sections, this land is ideal

  

  Ken Cannon

  Crye-Leike of MS, Inc.

  (901) 403-8274

  3794 Horn Lake Rd, Memphis, TN 38109
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  /17

  $429,999

  • 3 Beds
  • 2.5 Baths
  • 2,601 Sq Ft

  1413 Island Town Dr, Memphis, TN 38103

  Check out the curb appeal on this one! Welcome to this stunning home in the picturesque Riverpoint subdivision on scenic Mud Island. This absolutely adorable 3 bedroom + bonus, 2.5 bath property is ready to welcome you. The main level features a spacious open layout with wood floors, 9’ ceilings, great room, and an inviting eat-in kitchen with island bar seating, walk-in pantry, and an attached

  

  April Bryan

  Bryan Realty Group

  (901) 621-8189

  1413 Island Town Dr, Memphis, TN 38103
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  /31

  $400,000

  • 4 Beds
  • 3 Baths
  • 2,950 Sq Ft

  5382 Bentley Place, Memphis, TN 38120

  Newer home in the heart of East Memphis? Conveniently located home. Tucked away in a coveted neighborhood with no through traffic—offering both privacy and peace while still being close to everything the city has to offer. Rare find in East Memphis! Three full bathrooms! Walk-in closets and ample storage! The primary bedroom is located downstairs, along with a second bedroom in a private hallway

  

  Meleah Thurmond-Edwards

  KAIZEN Realty, LLC

  (901) 716-8522

  5382 Bentley Place, Memphis, TN 38120
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  /40

  $435,000

  • 6 Beds
  • 5.5 Baths
  • 4,175 Sq Ft

  309 S Dudley St, Memphis, TN 38104

  Timeless Southern Elegance! Historic American Foursquare rich in character, featuring a grand foyer with double staircase, soaring ceilings, and spacious, light-filled rooms that reflect classic Southern architecture. A sweeping front porch welcomes you into a home full of historic charm and period presence. Five bedrooms each offer private en-suite baths, while a dedicated office with separate

  

  Meleah Thurmond-Edwards

  KAIZEN Realty, LLC

  (901) 582-7190

  309 S Dudley St, Memphis, TN 38104
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  $415,000

  • 4 Beds
  • 2 Baths
  • 2,045 Sq Ft

  158 N Willett St, Memphis, TN 38104

  ?? Turnkey Memphis-Themed Airbnb with Pickleball Court, Hot Tub & Tesla Charger 158 N Willett St, Memphis, TN Welcome to a one-of-a-kind, income-producing Airbnb in the heart of Memphis! This fully furnished, professionally designed property blends Southern charm with modern amenities—perfect for short-term rental investors or house hackers looking for a standout property. ?? Property Highlights:

  

  Austin Hall

  Evernest Too, LLC

  (901) 557-4523

  158 N Willett St, Memphis, TN 38104
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  /39

  $455,000

  • 2 Beds
  • 4 Baths
  • 2,288 Sq Ft

  462 Frontline Cove, Memphis, TN 38103

  Live, work, and entertain in the heart of Downtown Memphis. This modern 2-bedroom, 2.5-bath townhome offers over 2,200 square feet of flexible living space—including a bonus room suited for a home office, gym, or guest retreat. The open-concept main level features polished concrete floors, a sleek contemporary kitchen with stainless steel appliances, ample cabinetry, and a large island perfect

  

  Charles Harris

  Coldwell Banker Collins-Maury

  (901) 554-8080

  462 Frontline Cove, Memphis, TN 38103
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  /35

  $460,000

  • 4 Beds
  • 2.5 Baths
  • 2,699 Sq Ft

  8259 San Augustine Ln, Germantown, TN 38138

  Gorgeous, updated, light-filled home in desirable Germantown Station! Spacious, open concept kitchen and living room, walk-in pantry, beautiful hardwood and tile floors, newer windows, plantation Shutters, Bonus room, spacious primary bath with vaulted ceiling and skylight. All just steps from a neighborhood park with playground, golf course, and pond. Beautifully landscaped with fenced backyard.

  

  Stephen Mansour

  KAIZEN Realty, LLC

  (901) 329-3796

  8259 San Augustine Ln, Germantown, TN 38138
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  /30

  $429,500

  • 3 Beds
  • 2.5 Baths
  • 1,551 Sq Ft

  1290 Isle Pointe Dr, Memphis, TN 38103

  Fantastic Home overlooking large and open green space. Wonderful renovation. Knockout Kitchen with Quartz Countertops. Soft close cabinets, stainless steel appliances. Renovated Bathrooms. Primary suite with walk-in closets, double vanities, free standing tub, walk-in shower. Walk-in attic, roof 5 years old. You will Love this Home. This one's a Winner!!!

  Richard Travers Crye-Leike, Inc., REALTORS

  1290 Isle Pointe Dr, Memphis, TN 38103
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  $499,900 Open Sun 2PM - 4PM

  • 5 Beds
  • 4 Baths
  • 4,051 Sq Ft

  5016 Rivercrest Ln, Memphis, TN 38135

  Meticulously maintained 5-bedroom, 4-bath home offers @4,000 sq ft of beautifully updated living with over $300,000 in upgrades PLUS whole house generator. Featuring a desirable 2 car garage, this home impresses the moment you walk in. The home boasts rich hardwood floors and fully renovated kitchen equipped with 5 eye gas cooking, & Bosch dishwasher—perfect for both everyday living and

  Jon Moultrie Enterprise, REALTORS

  5016 Rivercrest Ln, Memphis, TN 38135
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  /4

  $450,000

  • 4 Beds
  • 3 Baths
  • 2,555 Sq Ft

  6188 Frances Wood Dr, Memphis, TN 38135

  Entertaining family and friends will be a joy in this spacious, gorgeous dwelling in the Bartlett area. This house offers a breakfast bar, a large den, a deck, and an above-ground pool. The owners made this house a home, and your clients will love it. Contact the agent, Sharon Gray with any questions.

  Sharon Gray Heritage Homes Co.

  6188 Frances Wood Dr, Memphis, TN 38135
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  $475,000

  • 4 Beds
  • 2 Baths
  • 2,807 Sq Ft

  2031 Central Ave, Memphis, TN 38104

  Charming 1930 Midtown gem just steps from the heart of Cooper-Young! This spacious 4-bedroom, 2-bath home blends timeless character with modern updates. The recently renovated kitchen and bathrooms pair beautifully with the home's original details including tall ceilings, refinished hardwood floors, and unique vintage textured glass features that add warmth and personality throughout. Enjoy

  Nicole Bernal Bluff City Realty Group, LLC

  2031 Central Ave, Memphis, TN 38104
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  /3

  $500,000

  • Land
  • 0.65 Acre
  • $769,231 per Acre

  10070 U S Highway 64, Lakeland, TN 38002

  Commercial Land on Hwy 64 in Lakeland. Old house on property. Do not disturb tenants. Great exposure. Adjacent parcel available as well.

  Glen Bascom Bascom Realty

  10070 U S Highway 64, Lakeland, TN 38002
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  /31

  $469,000

  • 5 Beds
  • 3 Baths
  • 3,330 Sq Ft

  4533 Dee Rd, Memphis, TN 38117

  Beautifully Renovated Home in Kings Park in the heart of East Memphis! So much living space! Fresh paint throughout, 3 gorgeous renovated bathrooms (2025-26) with zero entry showers. Updated spacious kitchen:new quartz countertops, new backsplash, new kitchen flooring. Scullery/laundry room of your dreams! with storage galore and a wall of pantries. Dining room, hearth room with wood burning fire

  Cindy Leavell Marx-Bensdorf, REALTORS

  4533 Dee Rd, Memphis, TN 38117
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  $465,000

  • 4 Beds
  • 2.5 Baths
  • 3,315 Sq Ft

  1399 Poplar Ridge Dr, Memphis, TN 38120

  Welcome home to this well maintained TRUE 4 bedroom home with a GIANT playroom! Downstairs has 2 separate living spaces PLUS a separate dining room. Primary bathroom was renovated in 2024. Brand new roof last month (March 2026), fresh paint throughout, new carpet, new windows. 2 Bryant condensers are 2015, 2 Bryant furnaces 2005. 50 gallon water heater 2023. Turnkey backyard chicken farm and

  Brian Lurie Crye-Leike, Inc., REALTORS

  1399 Poplar Ridge Dr, Memphis, TN 38120
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  $400,000

  • 3 Beds
  • 2.5 Baths
  • 3,193 Sq Ft

  4710 Crossover Ln, Memphis, TN 38117

  Charming East Memphis, Mid Century, brick ranch in desirable Colonial Acres! This 3BR/2BA home offers hardwood floors, abundant natural light, and a spacious layout with a large bonus/den area. Spacious kitchen opens to comfortable living spaces ideal for everyday living and entertaining. Enjoy a fenced backyard with room to relax or gather. Conveniently located near parks, shopping, dining, and

  Taylor Lewis Renshaw Company, REALTORS

  4710 Crossover Ln, Memphis, TN 38117
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  $436,400

  • 2 Beds
  • 2 Baths
  • 1,345 Sq Ft

  717 S Riverside Dr Unit 603, Memphis, TN 38103

  Perfection on the Sixth Floor of the Artesian, this 2 Bedroom, 2 Bath & Flex Room Condo has all the views & space anyone could want! The open floor plan allows for river views from every room. The modern kitchen design is perfect for the home chef or entertaining friends with an abundance of storage, black solid surface countertops & stainless steel appliances. The "flex" space can serve as a

  Lillian Jones Ware Jones, REALTORS

  717 S Riverside Dr Unit 603, Memphis, TN 38103
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  $425,000 Open Sat 1PM - 3PM

  • 5 Beds
  • 3 Baths
  • 2,623 Sq Ft

  264 Barry Rd, Memphis, TN 38117

  OPEN HOUSE APRIL 11 FROM 1-3PM! Welcome to 264 Barry Rd in the heart of East Memphis—a rare one-level home that truly has it all. With 5 bedrooms and 3 full baths, this spacious layout offers comfort, flexibility, and room to grow. Fresh interior paint, smooth ceilings, and hardwood floors throughout create a clean, inviting feel. The sunny kitchen features a triple window over the sink, double

  Melissa Blume Thompson eXp Realty

  264 Barry Rd, Memphis, TN 38117
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  $445,000

  • 4 Beds
  • 2 Baths
  • 2,767 Sq Ft

  5185 Mary Starnes Dr, Memphis, TN 38117

  Welcome to 5185 Mary Starnes Drive in Memphis—a well-loved 4-bedroom home full of character and charm. This home offers a traditional layout with a formal living room, a comfortable den/family room, and an additional flexible space that could serve as a sunroom or second living area. The fourth bedroom is located upstairs along with a bonus area, providing options for a home office, hobby space,

  Rachelle Maier Crye-Leike, Inc., REALTORS

  5185 Mary Starnes Dr, Memphis, TN 38117
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  $425,000

  • 5 Beds
  • 3 Baths
  • 2,560 Sq Ft

  6105 Frances Wood Dr, Memphis, TN 38135

  Beautiful lakefront home with a gorgeous view, standout curb appeal, and a long list of meaningful updates. Luxury double front doors open to a warm, inviting interior featuring a hearth room and thoughtful details throughout. Recent improvements include a 2025 roof with architectural shingles and ridge vents, fresh paint, updated lighting and switches, and upstairs wood flooring replacing

  Aubrey Tilson Crye-Leike, Inc., REALTORS

  6105 Frances Wood Dr, Memphis, TN 38135
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  $450,000

  • Land
  • 0.7 Acre
  • $642,857 per Acre

  4948 Roane Rd, Memphis, TN 38117

  Nestled within a prestigious and highly sought-after enclave, this immaculate, cleared, and surveyed lot presents a rare opportunity to build a bespoke estate in one of the area’s most established communities. Situated on a quiet, dead-end cove, the property offers exceptional privacy and a serene setting surrounded by mature homes and landscaping. Utilities are already available at the street,

  Alex Turner Hobson, REALTORS

  4948 Roane Rd, Memphis, TN 38117
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  /23

  $425,000

  • 3 Beds
  • 3 Baths
  • 2,573 Sq Ft

  3490 Summerdale Dr, Memphis, TN 38133

  Wonderful family home on large corner lot just a block from Bartlett town park with greenbelt access. Home is clean, freshly painted, some new flooring, well maintained and ready for new owners. Primary bedroom plus 2 down, upstairs 21x15 can either be a playroom or upstairs private primary with full shower bath. Take note of gigantic walk-in attic, 9x7 laundry with built-in shelving, new luxury

  J. Gail Kapp Crye-Leike, Inc., REALTORS

  3490 Summerdale Dr, Memphis, TN 38133
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  /40

  $499,700

  • 4 Beds
  • 3.5 Baths
  • 3,527 Sq Ft

  1361 Vinton Ave, Memphis, TN 38104

  Picture yourself living in the charming Central Gardens in this spacious home full of character, warmth, and versatility! Offering over 3,500 square feet, this 4-bedroom, 3.5-bath home beautifully blends timeless charm with thoughtful updates. You’ll love the renovated kitchen, updated baths, beautiful hardwood floors, and inviting living spaces designed for both everyday living and entertaining.

  Lewis Marshall BHHS McLemore & Co., Realty

  1361 Vinton Ave, Memphis, TN 38104
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  /40

  $420,000

  • 4 Beds
  • 2.5 Baths
  • 2,586 Sq Ft

  1372 Island Town Dr, Memphis, TN 38103

  1372 Island Town Dr, Memphis, TN | Harbor Town on Mud Island 4-bedroom, 2.5-bath home with 2,586 sq ft in sought-after Harbor Town. Larger than typical neighborhood homes, this property features an oversized 18x23 bonus room ideal for a media room, home office, or gym. Open-concept main level with hardwood floors in kitchen and living areas. Rear-load 2-car garage preserves curb appeal and

  Chad Engelke United Real Estate Mid South

  1372 Island Town Dr, Memphis, TN 38103
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  /34

  $449,900

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

  5483 Brantford Ave, Memphis, TN 38120

  MOVE IN READY! Abundant natural light fills this beautifully designed one story home. This modern and newly renovated spacious layout provides the perfect gathering place for family and friends while maintaining a warm and cozy feel! The new, expanded eat in kitchen features a custom island with seating for three, complemented by a bright windowed breakfast room perfect for enjoying morning

  Robin Shainberg Rick Baer Realty

  5483 Brantford Ave, Memphis, TN 38120
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  /9

  $435,000

  • 6 Beds
  • 5 Baths
  • 3,166 Sq Ft

  1515 Madison Ave, Memphis, TN 38104

  Location! Location! Location! Mins from Midtown and Downtown. DON'T DISTURB TENANTS! This 5 unit complex is a great rental with gated parking. The main building includes 4 units and over the garage is another unit. The complex includes an on site laundry facility. There were updates to the complex in 2017 and 2019 which included a new roof, HVAC, and some units have updated flooring and

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1515 Madison Ave, Memphis, TN 38104
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  /39

  $469,800

  • 4 Beds
  • 2.5 Baths
  • 2,816 Sq Ft

  1680 Carruthers Place, Memphis, TN 38112

  What a charming home on a quiet dead-end street in highly sought-after Evergreen/Overton Park! This classic four-square offers 4 bedrooms, 2.5 baths, and a flowing layout with open kitchen, living, dining, and den, plus a spacious welcoming foyer. Light-filled interiors and generously sized bedrooms with great closet space throughout. The primary suite features a walk-in closet, built ins, double

  Tim Tanner Crye-Leike, Inc., REALTORS

  1680 Carruthers Place, Memphis, TN 38112
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  $454,900

  • 4 Beds
  • 2.5 Baths
  • 3,068 Sq Ft

  536 Lexington Park Cir E, Memphis, TN 38120

  Nestled in the heart of East Memphis, this beautifully updated home offers both charm and functionality—and opportunities like this don’t come along often. A fully renovated kitchen (2023) opens seamlessly to the breakfast room and dining area, creating an ideal flow for entertaining. Hardwood floors span the home, complemented by generously sized rooms and tall living room ceilings. Each bedroom

  Carrie Atkins Ware Jones, REALTORS

  536 Lexington Park Cir E, Memphis, TN 38120
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  $450,000

  • 4 Beds
  • 3 Baths
  • 2,475 Sq Ft

  2049 Felix Ave, Memphis, TN 38104

  Set in the heart of Cooper-Young, this home stands out for its historic charm & meaningful updates. A welcoming front porch creates instant curb appeal & the perfect place to relax, while inside you’ll find beautiful hardwood floors, tall ceilings, spacious living areas, & a striking double-sided brick fireplace that adds warmth & personality. Upstairs, the flex space is paired with an additional

  Meredith Vezina Keller Williams

  2049 Felix Ave, Memphis, TN 38104
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  /40

  $499,000 Open House 4/18

  • 6 Beds
  • 3.5 Baths
  • 3,145 Sq Ft

  5798 N Sunset Point, Memphis, TN 38135

  Welcome Home to this spacious, scenic, and move-in ready lakefront retreat. This beautiful home offers the perfect blend of space, comfort, and breathtaking views — ideal for full-time living or a weekend escape. Property Highlights: • 6 Bedrooms | 3.5 Bathrooms • Three Spacious Levels – Room for everyone to spread out • Multiple Living Areas – Perfect for entertaining or relaxing • Expansive

  Jennifer Wallace Collier REALTORS

  5798 N Sunset Point, Memphis, TN 38135
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  /26

  $439,000

  • 5 Beds
  • 2.5 Baths
  • 3,350 Sq Ft

  56 S Sanga Rd, Memphis, TN 38018

  . Nice new home . 5 bed room 2 and 1/2 bath . Come view this gorgeous homes . Good distance from neighbors and in close proximity to various reputable private and top public establishment.

  Ralph Harvey List With Freedom.Com, Inc.

  56 S Sanga Rd, Memphis, TN 38018
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  /32

  $455,000

  • 4 Beds
  • 2.5 Baths
  • 2,540 Sq Ft

  845 Reddoch St, Memphis, TN 38120

  Highly motivated and realistic Sellers...now is your time to get this Classic Mid-Century Modern on almost 1/2 acre with BRAND NEW ROOF that is ALL ON ONE LEVEL (2540sf) on a quiet, dead-end street. Updated/Renovated in (2007). 4 BR, 2.5 Baths Large Rooms with open concept living + Hardwoods and Smooth Ceilings! Rare 28x22 Hearth Room/Kitchen w/views of nature’s wonder thru updated Wall of

  Sheldon Rosengarten Marx-Bensdorf, REALTORS

  845 Reddoch St, Memphis, TN 38120
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  /30

  $489,000

  • 3 Beds
  • 4 Baths
  • 2,429 Sq Ft

  635 S Front St, Memphis, TN 38103

  Downtown Living at its finest! Beautifully maintained, like new end unit in a gated community offering a rare premium lot configuration and a more functional, spacious layout than typical Front Street homes. The open concept main level features stained concrete floors, a large kitchen island with bar seating, granite countertops, stainless steel appliances, soft close cabinetry, and a fireplace,

  Ward Walthal Marx-Bensdorf, REALTORS

  635 S Front St, Memphis, TN 38103

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