Memphis, TN Homes for Sale under $500,000

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  /2

  $221,900

  $18K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,565 Sq Ft

  4950 Pheasant Ridge Cove, Memphis, TN 38141

  INVESTMENT OPPORTUNITY! Don't miss this excellent investment opportunity to own a well-maintained 3-bedroom, 2-bath home in the desirable Village of Pheasant Run! This property features a spacious recreation room, durable laminate wood flooring throughout, and major system updates already completed, including: New HVAC System (2023) Roof Replaced (2022) The home is tenant-occupied with a

  

  Realis Sanders

  Keller Williams

  4950 Pheasant Ridge Cove, Memphis, TN 38141
• Explore Memphis

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  /23

  $251,000

  $14K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 2,321 Sq Ft

  3639 Huckleberry St, Memphis, TN 38116

  PRICE IMPROVEMENT All painting is complete; we still have a few blinds to put, up waiting on a shipment to come. A very nice 4 bedroom, 2.5 bath home with double garage and extra parking pad that would be great for an RV. Never worry about utilities being off again with a generic. All appliances to stay like the refrigerate, washer and dryer, built-in microwave and stove outdoor grill and fridge.

  

  Oliver Peyton

  The Peyton Co., Inc., REALTORS

  3639 Huckleberry St, Memphis, TN 38116
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  /40

  $368,400

  $7K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 1,742 Sq Ft

  1124 Misty Isle Dr, Memphis, TN 38103

  WELCOME TO THE RIVER! Luxury meets effortless living in this beautifully renovated home where nothing has been left undone! Step inside to a fresh, modern interior featuring smooth ceilings, high end lighting package, fresh paint, a brand-new kitchen, beautifully updated bathrooms, and all-new appliances that stay with the home. Major improvements include a new HVAC system and newer roof, giving

  

  Chasity Blackburn

  Blackburn & Co

  1124 Misty Isle Dr, Memphis, TN 38103
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  /22

  $325,000

  $24K PRICE DROP

  • 3 Beds
  • 3 Baths
  • 1,988 Sq Ft

  471 S Reese St, Memphis, TN 38111

  Almost $15,000 price reduction!! Come see this storybook East Buntyn bungalow! Filled with charm and natural light, this inviting home offers 3 bedrooms & 3 full baths, along with generously sized rooms that create an open, airy feel throughout. Gorgeous hardwood floors flow through the home. Step outside to a picture-perfect front porch, complete with a swing. The property also offers a massive

  

  Julianne Carney

  Keller Williams

  471 S Reese St, Memphis, TN 38111
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  $435,000

  $8K PRICE DROP

  • 2 Beds
  • 2.5 Baths
  • 1,425 Sq Ft

  79 Harbor Village Dr, Memphis, TN 38103

  VIEWS, UPDATED & MOVE-IN READY! Enjoy views of the Mississippi River from the upper screened porch of this beautifully updated 2-bedroom, 2.5-bath home. The main level features engineered hardwood floors, a gas fireplace, and a completely updated kitchen with new cabinets, countertops, backsplash, sink and appliances. Step outside to the refreshed fenced-in patio with a new gate-perfect for

  

  Christine DeColli

  Marx-Bensdorf, REALTORS

  79 Harbor Village Dr, Memphis, TN 38103
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  /30

  $279,999

  $20K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 3,273 Sq Ft

  981 N Mclean Blvd, Memphis, TN 38107

  Rare Find • Over 3,200 Sq. Ft. • 4 Bedrooms • 2½ Baths • Over Half-Acre Lot in Vollintine-Evergreen Filled with natural light and timeless character, this classic all-brick home offers historic charm with the space today’s lifestyle demands. Lovingly maintained by the same family since 1972, it features original architectural details, a renovated primary bath & a new roof (2024). The spacious

  

  Rasheedah Jones

  Dreamteam Realty Co

  981 N Mclean Blvd, Memphis, TN 38107
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  /22

  $224,900

  $10K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,130 Sq Ft

  4926 Marianne Ln, Memphis, TN 38117

  Welcome home to this beautifully maintained 3-bedroom, 1.5-bath home that offers the perfect blend of comfort, style, and low-maintenance living. The inviting layout features a cozy living room, an updated full bath, a refreshed kitchen, and a generously sized laundry room that adds everyday convenience. Hard-surface flooring throughout creates a seamless, modern look while making upkeep a

  

  April Bryan

  Bryan Realty Group

  4926 Marianne Ln, Memphis, TN 38117
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  /40

  $439,999

  $35K PRICE DROP

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

  201 Stonewall St, Memphis, TN 38112

  Timeless Southern Charm Meets Modern Income Potential! Rare bonus: Verified double lot offers prime subdivision potential to add another duplex. The 1916 Craftsman duplex at 201 Stonewall in the heart of Midtown Memphis' Historic Evergreen District. 4K sq ft of living space, this Southern classic w/ original hardwood floors, stunning leaded glass windows, soaring 10-ft ceilings and expansive

  

  Todd Adams

  Keller Williams

  201 Stonewall St, Memphis, TN 38112
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  /31

  $299,900

  • 4 Beds
  • 2.5 Baths
  • 2,377 Sq Ft

  2811 McVay Trail Dr, Memphis, TN 38119

  This stunning 4 bedroom, 2.5 bath home near Germantown and Hwy 385, features an updated kitchen, updated bathrooms, fresh paint throughout, and a gigantic bonus room that could serve as an office, media room, or a 5th bedroom. Outside you will find an awesome covered patio overlooking the huge fenced back yard, and a partially finished shed/workshop. Schedule your viewing today to see what all

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  2811 McVay Trail Dr, Memphis, TN 38119
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  /13

  $210,000

  New Construction

  • 3 Beds
  • 2.5 Baths
  • 1,519 Sq Ft

  1380 S Orleans St, Memphis, TN 38106

  New Homes in the Heart of South Memphis Find the perfect blend of modern comfort and prime location at Lincoln Park. These thoughtfully designed homes offer: 3 spacious bedrooms 2.5 bathrooms Covered front porch and patio Stainless steel appliances Community Park with walking trail Easy access to Downtown Memphis and the Medical District Each home has same floor plan with varying upgraded

  

  Tammy Taylor

  KAIZEN Realty, LLC

  1380 S Orleans St, Memphis, TN 38106
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  /29

  $250,000

  • 3 Beds
  • 2 Baths
  • 1,405 Sq Ft

  226 N Hollywood St, Memphis, TN 38112

  Welcome to 226 N Hollywood, a fully renovated 3-bedroom, 2-bath home that blends modern comfort with classic charm. Step inside to an open and inviting floor plan featuring fresh paint, updated flooring, and abundant natural light throughout. The brand-new kitchen boasts stylish countertops, contemporary cabinetry, and new appliances—perfect for cooking and entertaining. Both bathrooms have been

  

  Bang Nguyen

  REMAX Experts

  226 N Hollywood St, Memphis, TN 38112
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  /2

  $216,790

  • 3 Beds
  • 1 Bath
  • 1,308 Sq Ft

  4746 Violet Ave, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $1,350 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

  4746 Violet Ave, Memphis, TN 38122
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  /22

  $325,000

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 2,327 Sq Ft

  1496 Teal Wing Ln, Cordova, TN 38016

  OPEN SAT- 08-29- 12:00-2:00-BACK ON THE MARKET AT NO FAULT OF THE SELLER- NEW PRICE- Step up to this beautifully maintained 3-bedroom, 2-bath home on a stunning, heavily landscaped corner lot in sought-after Hunters Hollow. From the moment you arrive, the charming painted brick exterior and lush front and side yards create unforgettable curb appeal, complimented by an elevated covered patio

  

  Steve Boysen

  Crye-Leike, Inc., REALTORS

  1496 Teal Wing Ln, Cordova, TN 38016
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  $355,000

  $22K PRICE DROP

  • 5 Beds
  • 3 Baths
  • 3,180 Sq Ft

  7038 Baintree Cove, Memphis, TN 38119

  If your family is in need of space, don't miss this house! Room for everyone! Two bedrooms down, three bedrooms up.(note room sizes!) This home has 3 full baths. Kitchen has new dishwasher and a double oven range. Relax in the sunroom that has sliding windows (that come with a warranty). Entertain and cookout on the covered back porch and huge covered deck. Private fenced yard with a storage

  

  Sherry Hulen

  Crye-Leike, Inc., REALTORS

  7038 Baintree Cove, Memphis, TN 38119
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  $335,000

  $20K PRICE DROP

  • 2 Beds
  • 2.5 Baths
  • 1,530 Sq Ft

  4 Mina Ave, Memphis, TN 38103

  **NOT a condo- Qualifies for FHA & traditional financing! ALLOWS for short term & long term rentals!** Awesome Downtown Memphis location with your own private patio + 2 car garage. End-unit brownstone on a quiet street- walkable to S. Main District, Beale St, Tom Lee Park, TN Brewery, & some of Memphis' best restaurants & entertainment spots. 1st story features hardwood floors, spacious dining &

  

  Julie Upchurch

  McWaters & Associates

  4 Mina Ave, Memphis, TN 38103
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  $355,000

  • 5 Beds
  • 3 Baths
  • 2,840 Sq Ft

  4801 Bradfield Run, Memphis, TN 38125

  Check out this spacious 5-bedroom, 3 full bathroom single-family brick home in Bradfield subdivision with County taxes only! New upstairs AC. New kitchen appliances. Fresh Paint throughout. New carpet and laminate flooring., Primary bathroom on the main floor, a fenced-in yard, and an attached 2 car garage with new epoxy floors.

  

  Jason Miller

  eXp Realty, LLC

  4801 Bradfield Run, Memphis, TN 38125
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  $299,900

  $10K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 2,583 Sq Ft

  3990 Clubview Dr, Memphis, TN 38125

  Welcome home to this beautiful and spacious 4-bedroom, 2.5-bath residence offering over 2,500 square feet of comfortable living space in a highly desirable Southeast Memphis location. This well-maintained home features a versatile floor plan with generous living and dining areas, perfect for both everyday living and entertaining. The large kitchen offers plenty of cabinet and counter space, while

  

  Blake Clothier

  Premier Realty Group, LLC

  3990 Clubview Dr, Memphis, TN 38125
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  $345,000

  • 3 Beds
  • 2 Baths
  • 1,839 Sq Ft

  164 S Reese St, Memphis, TN 38111

  Brand new carpet! Meticulously cared for townhouse at Joffre Place has everything you need and more. The outside is picturesque and is accented by beautiful landscaping in full bloom, Japanese maples and other perennials lead to private courtyard. Step inside the front door to a 2 story den and living room. Spacious primary bedroom down with double vanity bathroom. Wonderfully updated kitchen

  

  Scott Gresham

  Ware Jones, REALTORS

  164 S Reese St, Memphis, TN 38111
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  $279,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,923 Sq Ft

  5583 Liberty Ridge Cove, Memphis, TN 38125

  Enjoy no city taxes in this lovely well maintained 3 Bedroom 2 bath corner lot home in South Oak Subdivision. Make an appointment to see today.

  

  Jason Miller

  eXp Realty, LLC

  5583 Liberty Ridge Cove, Memphis, TN 38125
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  $425,000

  $25K PRICE DROP

  • 3 Beds
  • 4 Baths
  • 3,169 Sq Ft

  6735 Poplar Pike, Memphis, TN 38119

  Welcome Home to this beautifully updated residence in the desirable Green Trees neighborhood of East Memphis! Move-in ready, features an updated kitchen, bathrooms and stylish new flooring throughout. Fresh interior and exterior paint, large floor-to-ceiling windows flood the home with natural light. Spacious rooms include a formal dining room, living room, office, laundry room and a huge

  

  Todd Adams

  Keller Williams

  6735 Poplar Pike, Memphis, TN 38119
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  $267,900

  $7K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,414 Sq Ft

  296 N White Station Rd, Memphis, TN 38117

  Please send all offers to: stephenmansour1@cs.com See attached documents for disclosures and offer information.

  

  Stephen Mansour

  KAIZEN Realty, LLC

  296 N White Station Rd, Memphis, TN 38117
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  /30

  $399,000

  • 4 Beds
  • 2 Baths
  • 2,110 Sq Ft

  158 N Willett St, Memphis, TN 38104

  Turnkey Memphis-Themed Airbnb with Pickleball Court, Hot Tub & Tesla Charger - furnishings included 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. ??

  

  Austin Hall

  Evernest Too, LLC

  158 N Willett St, Memphis, TN 38104
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  /2

  $231,420

  • 3 Beds
  • 1 Bath
  • 1,335 Sq Ft

  1438 Snowden Ave, Memphis, TN 38107

  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

  1438 Snowden Ave, Memphis, TN 38107
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  /40

  $249,900

  • 3 Beds
  • 2 Baths
  • 1,611 Sq Ft

  961 N Barksdale St, Memphis, TN 38107

  Charming 1930 Tudor Revival tucked away on a quiet dead-end street in the beloved Vollintine-Evergreen Historic District. This 3-bedroom, 2-bath home is filled with timeless character, featuring a welcoming Ogee styled front entry, beautiful natural moldings, original solid oak hardwood floors, and a handsome original brick fireplace with custom cedar mantle. Formal living and dining rooms flow

  

  Paige Arnold

  Crye-Leike, Inc., REALTORS

  961 N Barksdale St, Memphis, TN 38107
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  /29

  $215,000

  • 4 Beds
  • 2.5 Baths
  • 1,900 Sq Ft

  6606 Shaker Ln, Memphis, TN 38141

  Welcome to 6606 Shaker Lane—a spacious, well-maintained traditional home offering a flexible layout and plenty of room to spread out! The inviting great room features a classic brick fireplace and flows easily into the formal dining room and eat-in kitchen, complete with abundant cabinetry, generous counter space, tile backsplash and a sunny breakfast area. Upstairs, the large primary suite

  

  Aubrey Tilson

  Crye-Leike, Inc., REALTORS

  6606 Shaker Ln, Memphis, TN 38141
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  $320,000

  • 4 Beds
  • 2.5 Baths
  • 2,297 Sq Ft

  8747 Grandbury Place, Cordova, TN 38016

  Beautifully updated 4-bedroom, 2.5-bath home that is completely move-in ready! This home features all-new flooring throughout, an updated kitchen, updated primary bathroom, a spacious primary suite, new fixtures throughout, and a NEW ROOF! Fresh, modern updates make this home ready for its new owners. Nothing left to do but move in and enjoy! OWNER/AGENT

  

  Ronald Sandefer

  Emmett Baird Realty, LLC

  8747 Grandbury Place, Cordova, TN 38016
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  /11

  $205,000

  • 2 Beds
  • 2 Baths
  • 1,512 Sq Ft

  1615 Sorghum Mill Dr, Cordova, TN 38016

  Owner just put $7000 into improvements. New carpet, Interior paint, New Security front door, Exterior wood repair, landscaping, screen removal and much more. Located in a nice quite neighborhood in Cordova close to everything. Priced to sell with a lovely fenced backyard with a patio.This is an investor property with a wonderful tenant paying on time. Cap rate at this price is 8%.

  

  Stephen Mansour

  KAIZEN Realty, LLC

  1615 Sorghum Mill Dr, Cordova, TN 38016
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  /25

  $215,000

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

  7078 Tulip Trail Dr, Memphis, TN 38133

  Welcome to 7078 Tulip Trail, a charming 3-bedroom, 1.5-bath home in Memphis, TN, offering comfortable one-level living on a large corner lot. This inviting residence features a spacious living room perfect for family gatherings, a functional eat-in kitchen for casual meals, and a bright bonus sunroom that adds versatile living space ideal for relaxation or entertaining. Pride of ownership shines

  

  Daniel Johnson

  SimpliHOM

  7078 Tulip Trail Dr, Memphis, TN 38133
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  /2

  $204,820

  • 3 Beds
  • 2 Baths
  • 2,719 Sq Ft

  878 N Highland St, Memphis, TN 38122

  Renovated rental property with an active lease in place. Currently leased at $875 month to month. No creative finance offers. This home is part of a 103 home package.

  

  Caleb Hall

  Keller Williams

  878 N Highland St, Memphis, TN 38122
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  /35

  $400,000

  • 4 Beds
  • 3 Baths
  • 2,378 Sq Ft

  1947 Peabody Ave, Memphis, TN 38104

  Located in the heart of Central Gardens, one of Memphis' most historic and sought-after neighborhoods, this 4BR/3BA home offers the perfect blend of character, flexibility, and location. Whether you're searching for a primary residence or an investment property, this floor plan delivers. The main level features two bedrooms, a dedicated office, and spacious living areas, while upstairs offers two

  

  Max Rubenstein

  Marx-Bensdorf, REALTORS

  1947 Peabody Ave, Memphis, TN 38104
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  $394,900

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,841 Sq Ft

  3038 Yates St, Memphis, TN 38134

  Guest house, pool, gated.. say no more! Impressive outdoor living spaces in Bartlett, just walking distance to Bartlett High School. Situated on a beautifully landscaped lot with mature trees and exceptional curb appeal, the backyard is designed for both everyday enjoyment and unforgettable entertaining. Enjoy multiple decks, a covered gazebo area, a stunning pool, and expansive outdoor spaces

  

  Chasity Blackburn

  Blackburn & Co

  3038 Yates St, Memphis, TN 38134
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  /40

  $289,000

  $11K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,586 Sq Ft

  405 S Perkins Rd Unit 430, Memphis, TN 38117

  Top floor at the Terraces at Laurelwood, and the location is the whole point — one turn off Poplar, across from Sprouts, walk to Laurelwood. 1,586 square feet, all on one level, elevator to your door. Two bedrooms, two full baths, both recently redone. The primary bath has a walk-in shower. Open living and dining with a wood-burning fireplace, new luxury vinyl plank throughout, fresh paint,

  

  Edwin Scruggs

  BHHS Taliesyn Realty

  405 S Perkins Rd Unit 430, Memphis, TN 38117
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  /8

  $350,000

  $50K PRICE DROP

  • Land
  • 39,639 Sq Ft
  • $384,615 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

  7543 Highway 70 E, Memphis, TN 38133
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  $212,000

  $18K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,367 Sq Ft

  5304 Quince Rd, Memphis, TN 38117

  Welcome home to this beautifully maintained 3-bedroom, 2-bath home in the highly desirable Country Club Estates! Featuring hardwood floors throughout, this home offers multiple living spaces including a spacious living room, separate den, and formal dining room—providing plenty of room for entertaining and everyday living. The updated kitchen includes newer appliances, including the refrigerator,

  

  Aubrey Tilson

  Crye-Leike, Inc., REALTORS

  5304 Quince Rd, Memphis, TN 38117
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  /40

  $363,000

  $12K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 3,011 Sq Ft

  1462 Carr Ave, Memphis, TN 38104

  Offering 3 bedrooms, 2 bathrooms, several bonus rooms, and two kitchens, this property provides a rare opportunity for a variety of living arrangements. One kitchen area could work beautifully for a mother-in-law suite, guest quarters, or flexible private space. Here you will find a flexible layout now functioning as a single-family residence. The layout offers unique possibilities for the next

  

  Amanda Lester

  NextHome Cornerstone Realty

  1462 Carr Ave, Memphis, TN 38104
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  /5

  $225,000

  • Land
  • 7.24 Acres
  • $31,077 per Acre

  4921 S Highway 61, Memphis, TN 38109

  Developed land zoned CMU-3, home removed from property, enhancing the overall appearance and usability of the site. This prime 7.24-acre commercial property is ideally located on a busy, high-traffic street, ensuring maximum visibility to a steady stream of potential customers. Your business will be impossible to miss! The land boasts excellent connectivity to major transportation routes offering

  

  Katrina Smith

  Keller Williams

  4921 S Highway 61, Memphis, TN 38109
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  /13

  $215,000

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,113 Sq Ft

  3575 Galloway Ave, Memphis, TN 38122

  High Point Terrace Charm! Rich in History! Solid brick bungalow-style home. Only two blocks from High Point Terrace hotspots. Walkable Neighborhood: Two blocks to Local Favorites: Grab a slice at Highpoint Pizza, dine at Cheffie's Cafe, grab drinks at The High Point Pub, or shop at High Point Grocery. Community Spirit: Iconic 4th of July parades, biannual High Point Arts Fairs & block parties.

  

  Steve Luong

  eXp Realty, LLC

  3575 Galloway Ave, Memphis, TN 38122
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  /33

  $209,500

  • 3 Beds
  • 1.5 Baths
  • 1,181 Sq Ft

  5408 Murff Ave, Memphis, TN 38119

  Move-in ready! This is a wonderful opportunity on a tucked away street in the Sea Isle Park/ Yorkshire area of East Memphis. This well-maintained brick home has 2 bedrooms plus a 3rd bed/flex-room that was previously used as a den (has closet & ability to to close off access from kitchen for private bedroom use). Hardwood floors throughout, an abundance of natural light, & lots of charm. Sliding

  

  Julie Upchurch

  McWaters & Associates

  5408 Murff Ave, Memphis, TN 38119
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  /14

  $244,900

  $15K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,753 Sq Ft

  6626 Finch Rd, Memphis, TN 38141

  

  Jo Mathes

  Pinnacle Realty

  6626 Finch Rd, Memphis, TN 38141
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  /38

  $335,000

  $5K PRICE DROP

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

  5336 N Rolling Oaks Dr, Memphis, TN 38119

  This highly sought after area of East Memphis is right across from Sea Isle Park. This 4BR/2BA home delivers location, space, and key updates. The open-concept layout features luxury vinyl plank flooring, with carpet in two bedrooms for added comfort. The updated kitchen comes fully equipped with all appliances. The primary bath has been renovated with modern finishes. A screened-in porch extends

  

  Charles Harris

  Coldwell Banker Collins-Maury

  5336 N Rolling Oaks Dr, Memphis, TN 38119

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