Cheap homes for sale & real estate in Memphis, TN

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NEW 3 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Memphis, TN:
This well-located single-family home in the established Frayser area offers a solid opportunity for homeowners or investors seeking space, character, and potential. Situated on a generous lot in the Brookmeade Gardens subdivision, the property is vacant and ready for immediate possession. A spacious floor plan with a functional layout. One fireplace that adds warmth and character. Quiet residential street within an established neighborhood. This property presents a strong value-add opportunity in a convenient Memphis location, suitable for renovation, rental, or owner occupancy. With its classic single-story design, sizable lot, and desirable subdivision, it is well-positioned for future po

$100,000

3 beds1.5 baths— sq ft

3935 N Trezevant Ln, Memphis, TN 38127

Vacant property • Frayser area • One fireplace

NEW 15 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Memphis, TN:
Charming, well maintained 3 bedroom, 2 bath single-level home built in 2011. Enjoy a relaxing front porch. This home offers a cozy, functional floor plan. Includes a storage building for extra space.

$140,000

3 beds2 baths— sq ft

717 Hilyard Ln, Memphis, TN 38126

Front porch • Storage building • 5,662 sq ft lot

NEW 16 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Memphis, TN:
Last minute holiday shopping? What a get in the Cooper-Young Historic District! This FOUR bedroom, THREE bathroom, early 20th century bungalow was completely modernized in 2020 and has all the updates and perks you could possible want! Step up to the welcoming porch and come in to gleaming real wood floors and an open plan. The kitchen is the centerpiece and features bar seating, stainless appliances, quartz countertops, gas range, built-in microwave, custom vent hood, pot filler, spacious pantry, and a little pet nook under the stairs. You'll also find a large primary suite with his-and-her vanities, dual shower heads, tons of storage, generously sized walk-in closet, and windows looking o

$429,000

4 beds3 baths— sq ft

1925 Evelyn Ave, Memphis, TN 38104

Stainless appliances • Real wood floors • Open plan

NEW 18 HRS AGO

$54,900

3 beds1 bath— sq ft

256 Delta Rd, Memphis, TN 38109

7,840 sq ft lot • Built 1961

NEW 22 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Memphis, TN:
Investors! Welcome to a lovely 3 Bed/1.5 Bath rental that is cash flowing at $940 per month! Located close to entertainment and commerce, this neighborhood is prime for growth. The current lease runs through 5/7/2026, so don't miss this opportunity to expand your portfolio! No showings without an accepted offer.

$89,000

3 beds1.5 baths— sq ft

5003 Deneen Dr, Memphis, TN 38109

0.24 acre lot • Built 1986

Property at 8259 Scarlet Oaks Cv, Cordova, TN 38018, 4 beds, 2.5 baths

$339,000

4 beds2.5 baths— sq ft

8259 Scarlet Oaks Cv, Cordova, TN 38018

Property at 1435 Silver St, Memphis, TN 38106, 2 beds, 1 bath

$79,000

2 beds1 bath— sq ft

1435 Silver St, Memphis, TN 38106

Property at 3798 Kennings Dr, Memphis, TN 38125, 4 beds, 2 baths

$235,000

4 beds2 baths— sq ft

3798 Kennings Dr, Memphis, TN 38125

Property at 3604 Sunrise St, Memphis, TN 38127, 3 beds, 1 bath

$75,000

3 beds1 bath— sq ft

3604 Sunrise St, Memphis, TN 38127

Property at 1863 Marjorie St, Memphis, TN 38106, 2 beds, 1 bath

$89,000

2 beds1 bath— sq ft

1863 Marjorie St, Memphis, TN 38106

Property at 170 S Greer St, Memphis, TN 38111, 2 beds, 1 bath

$170,000

2 beds1 bath— sq ft

170 S Greer St, Memphis, TN 38111

Property at 814 Colonial Rd, Memphis, TN 38117, 3 beds, 1 bath

$152,000

3 beds1 bath— sq ft

814 Colonial Rd, Memphis, TN 38117

Property at 1251 Lamar Ave, Memphis, TN 38104, 3 beds, 1 bath

$107,500

3 beds1 bath1,390 sq ft

1251 Lamar Ave, Memphis, TN 38104

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 1898 E Mclemore Ave, Memphis, TN 38114, 4 beds, 2 baths

$110,000

4 beds2 baths— sq ft

1898 E Mclemore Ave, Memphis, TN 38114

Property at 2654 Kimball Ave, Memphis, TN 38114, 3 beds, 1 bath

$49,000

3 beds1 bath— sq ft

2654 Kimball Ave, Memphis, TN 38114

Property at 5180 Water Point Dr, Memphis, TN 38141, 3 beds, 2 baths

$254,000

3 beds2 baths— sq ft

5180 Water Point Dr, Memphis, TN 38141

Property at 957 Zenith Cv S, Cordova, TN 38018, 3 beds, 2 baths

$234,000

3 beds2 baths— sq ft

957 Zenith Cv S, Cordova, TN 38018

Property at 904 N Ball Ave, Memphis, TN 38106, 3 beds, 1 bath

$90,000

3 beds1 bath— sq ft

904 N Ball Ave, Memphis, TN 38106

Property at 1439 Menager Rd, Memphis, TN 38106, 3 beds, 2 baths

$59,000

3 beds2 baths— sq ft

1439 Menager Rd, Memphis, TN 38106

Property at 689 Baltimore St, Memphis, TN 38114, 2 beds, 1 bath

$75,000

2 beds1 bath— sq ft

689 Baltimore St, Memphis, TN 38114

Property at 4948 Knight Arnold Rd, Memphis, TN 38118, 4 beds, 1 bath

$189,900

4 beds1 bath— sq ft

4948 Knight Arnold Rd, Memphis, TN 38118

Property at 3768 Alma Dr, Memphis, TN 38127, 3 beds, 2 baths

$95,000

3 beds2 baths— sq ft

3768 Alma Dr, Memphis, TN 38127

Property at 7875 Brady Creek Cv, Cordova, TN 38016, 3 beds, 2 baths

$195,000

3 beds2 baths— sq ft

7875 Brady Creek Cv, Cordova, TN 38016

Property at 5676 W Antwerp Ave, Memphis, TN 38135, 3 beds, 2.5 baths

$279,900

3 beds2.5 baths— sq ft

5676 W Antwerp Ave, Memphis, TN 38135

Property at 4072 N Walnut Grove Cir, Memphis, TN 38117, 3 beds, 2 baths

$380,000

3 beds2 baths— sq ft

4072 N Walnut Grove Cir, Memphis, TN 38117

Property at 1092 Talley Pl, Memphis, TN 38106, 3 beds, 2 baths

$79,900

3 beds2 baths— sq ft

1092 Talley Pl, Memphis, TN 38106

Property at 2667 Barron Ave, Memphis, TN 38114, 4 beds, 2 baths

$119,500

4 beds2 baths— sq ft

2667 Barron Ave, Memphis, TN 38114

Property at 5692 Ballenmoor Dr, Memphis, TN 38141, 3 beds, 2 baths

$164,900

3 beds2 baths— sq ft

5692 Ballenmoor Dr, Memphis, TN 38141

Property at 1321 Merrycrest Dr, Memphis, TN 38111, 3 beds, 1.5 baths

$144,900

3 beds1.5 baths— sq ft

1321 Merrycrest Dr, Memphis, TN 38111

Property at 2354 N Beecham Pl, Cordova, TN 38016, 4 beds, 2.5 baths

$365,000

4 beds2.5 baths— sq ft

2354 N Beecham Pl, Cordova, TN 38016

Property at 1304 Carol Dr, Memphis, TN 38116, 4 beds, 2 baths

$171,000

4 beds2 baths— sq ft

1304 Carol Dr, Memphis, TN 38116

Property at 1196 Central Ave, Memphis, TN 38104, 3 beds, 1 bath

$225,000

3 beds1 bath— sq ft

1196 Central Ave, Memphis, TN 38104

Property at 105 N Holmes St, Memphis, TN 38111, 4 beds, 2 baths

$249,000

4 beds2 baths— sq ft

105 N Holmes St, Memphis, TN 38111

Property at 5955 Ponderosa Pine Trl #5955, Memphis, TN 38115, 3 beds, 2.5 baths

$130,000

3 beds2.5 baths— sq ft

5955 Ponderosa Pine Trl #5955, Memphis, TN 38115

Property at 432 Bruins Trce, Cordova, TN 38018, 3 beds, 2 baths

$230,000

3 beds2 baths— sq ft

432 Bruins Trce, Cordova, TN 38018

Property at 3241 Scheibler Rd, Memphis, TN 38128, 4 beds, 2 baths

$190,000

4 beds2 baths— sq ft

3241 Scheibler Rd, Memphis, TN 38128

Property at 2178 Shannon Ave, Memphis, TN 38108, 2 beds, 1 bath

$39,900

2 beds1 bath— sq ft

2178 Shannon Ave, Memphis, TN 38108

Property at 5322 Adney Gap Cv, Memphis, TN 38134, 3 beds, 2 baths

$179,900

3 beds2 baths— sq ft

5322 Adney Gap Cv, Memphis, TN 38134

Property at 735 Hawthorne St, Memphis, TN 38107, 3 beds, 3 baths

$319,999

3 beds3 baths— sq ft

735 Hawthorne St, Memphis, TN 38107

Property at 548 Wesley Woods Dr, Cordova, TN 38018, 3 beds, 2 baths

$289,900

3 beds2 baths— sq ft

548 Wesley Woods Dr, Cordova, TN 38018

Property at 5231 Newton Oak Cir, Memphis, TN 38117, 4 beds, 2.5 baths

$376,000

4 beds2.5 baths— sq ft

5231 Newton Oak Cir, Memphis, TN 38117

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.

Cheap Homes for Sale in Memphis

There are currently 2436 cheap homes for sale in Memphis at a median listing price of $193K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Memphis stay on the market for 78 days and receive 1 offers. Popular neighborhoods include Downtown Memphis, East Memphis, Midtown, Cordova, and Mud Island. This map is refreshed with the newest listings in Memphis every 15 minutes.

In the past month, 427 homes have been sold in Memphis. In addition to houses in Memphis, there were also 331 condos, 69 townhouses, and 97 multi-family units for sale in Memphis last month. Memphis is a minimally walkable city in Shelby County with a Walk Score of 35. Memphis is home to approximately 647,889 people and 401,774 jobs. Find your dream home in Memphis using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Memphis are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Memphis. Our Memphis real estate stats and trends will give you more information about home buying and selling trends in Memphis. If you're looking to sell your home in the Memphis area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Memphis with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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Based on information submitted to the MLS GRID as of Wed Dec 24 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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