Cheap homes for sale & real estate in Memphis, TN

2,315 homes

Sort:

Recommended

NEW 8 HRS AGOVIDEO TOUR

ABOUT THIS HOME
Cheap Home for sale in Memphis, TN:
High-end taste & Quality meet affordability in this property! Beautiful 5BED/3BATH Corner Lot Home boasting 2905 SqFt inside hugs you in all the right places w/ perfect floor plan! Welcomed by NEW exquisite lighting throughout & oversized living room/den. UPGRADE Galore as every shower & sink has NEW plumbing & NEW porcelain tile on floors, walls along w/ soap box trimmed out by black aluminum. Each bedroom boasts LARGE rooms! Marble in the kitchen w/ stone backsplash & NEW Calcatta Quartz in all baths. NEW Paint, NEW Carpet & Tile, NEW Water Heater (2025), Newer Roof (2023). Property also has extended driveway, pergola over concrete pad patio, & det

$379,900

5 beds3 baths— sq ft

1947 Mt Badon Ln, Cordova, TN 38016

New porcelain tile • New plumbing • Stone backsplash

NEW 7 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Memphis, TN:
Fabulous home in Harbor Town proper for under 400k! Recent improvements include: Fresh paint on the exterior and interior. Refinished hardwood floors on the first floor for a light and airy look overlooking a front porch and private backyard. New designer carpet in both bedrooms and loft, which would make a wonderful office , study . .. Private balcony off both bedrooms and third floor bonus room. Move in condition!

$399,500

2 beds2.5 baths— sq ft

931 Harbor View St, Memphis, TN 38103

Fresh paint • Private backyard • Private balcony

NEW 10 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Memphis, TN:
Now with a private mother-in-law suite! This East Memphis home offers a rare setup with a separate-entrance suite—perfect for extended family, guests, or income potential. Enjoy flexible living with privacy built in, whether you need space for relatives, a home office, or a rental option. Conveniently located near shopping, dining, and everyday essentials, this home delivers versatility that’s hard to find. One property. Multiple possibilities.

$169,450

4 beds2 baths— sq ft

1387 Oak Ridge Dr, Memphis, TN 38111

Rental option • Conveniently located • Home office

NEW 11 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Memphis, TN:
Are you looking for your next project? This is the opportunity you have been waiting for. This brick home was recently remodeled on the exterior with new paint, roof and windows, along with new plumbing all in October 2024. However, the home was demolished on the interior and re-framed. It's just waiting for your finishing touches. GREAT investment opportunity. SOLD-AS-IS, CASH offers only. When fully renovated, it could possibly sell for up to $130,000. THIS HOME IS NOW BOARDED UP--BRING A SCREW DRIVER WITH A TORX BIT.

$48,000

0 beds— baths— sq ft

1489 Boxwood St, Memphis, TN 38108

New plumbing • Recently remodeled • New paint

NEW 11 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Memphis, TN:
Rental Move-In Ready 1/20/26! Under Renovation. Showings are welcome! Upgraded luxury vinyl plank floors. Upgraded light fixtures and ceiling fans. Interior paint. Gorgeous layout. Refrigerator, Dishwasher, Electric Cooktop Range, and Microwave all included. Sought-after community. Please contact agent to schedule a viewing and application instructions. OWNER/AGENT!

$2,300

4 beds3 baths— sq ft

4929 S Whitfall Cv S, Memphis, TN 38125

Light fixtures • Ceiling fans • Dishwasher

Property at 505 Eastbourne Pl, Memphis, TN 38117, 4 beds, 2 baths

$394,900

4 beds2 baths— sq ft

505 Eastbourne Pl, Memphis, TN 38117

Property at 5504 Elmhurst Ave, Memphis, TN 38115, 3 beds, 2.5 baths

$180,000

3 beds2.5 baths— sq ft

5504 Elmhurst Ave, Memphis, TN 38115

Property at 2033 Westbriar Dr, Cordova, TN 38016, 4 beds, 2.5 baths

$354,900

4 beds2.5 baths— sq ft

2033 Westbriar Dr, Cordova, TN 38016

Property at 2950 Boyington Cove Cv, Lakeland, TN 38002, 5 beds, 3 baths

$315,000

5 beds3 baths— sq ft

2950 Boyington Cove Cv, Lakeland, TN 38002

Property at 3687 Bedford Ln, Memphis, TN 38118, 3 beds, 1.5 baths

$149,500

3 beds1.5 baths— sq ft

3687 Bedford Ln, Memphis, TN 38118

Property at 3904 August Moon Cv, Memphis, TN 38135, 3 beds, 2 baths

$299,500

3 beds2 baths— sq ft

3904 August Moon Cv, Memphis, TN 38135

Property at 761 Harahan St, Memphis, TN 38109, 3 beds, 1 bath

$80,000

3 beds1 bath— sq ft

761 Harahan St, Memphis, TN 38109

Property at 4544 Sugar Creek Dr, Memphis, TN 38118, 3 beds, 1 bath

$120,000

3 beds1 bath— sq ft

4544 Sugar Creek Dr, Memphis, TN 38118

Property at 3780 Joest Dr, Memphis, TN 38127, 3 beds, 2 baths

$154,900

3 beds2 baths— sq ft

3780 Joest Dr, Memphis, TN 38127

Property at 8785 Cedar Mills Cir, Cordova, TN 38016, 3 beds, 2.5 baths

$285,000

3 beds2.5 baths— sq ft

8785 Cedar Mills Cir, Cordova, TN 38016

Property at 4040 Graham Oaks Ct #21, Memphis, TN 38122, 3 beds, 2.5 baths

$117,000

3 beds2.5 baths— sq ft

4040 Graham Oaks Ct #21, Memphis, TN 38122

Property at 3181 Brookmeade St, Memphis, TN 38127, 3 beds, 2 baths

$70,000

3 beds2 baths— sq ft

3181 Brookmeade St, Memphis, TN 38127

Property at 4316 Barry Meadows Cv, Memphis, TN 38125, 3 beds, 2.5 baths

$220,000

3 beds2.5 baths— sq ft

4316 Barry Meadows Cv, Memphis, TN 38125

Property at 1407 Gill St, Memphis, TN 38106, 3 beds, 2 baths

$100,000

3 beds2 baths— sq ft

1407 Gill St, Memphis, TN 38106

Property at 8518 Chimneyrock Blvd, Cordova, TN 38016, 4 beds, 2 baths

$299,000

4 beds2 baths— sq ft

8518 Chimneyrock Blvd, Cordova, TN 38016

Property at 1353 Gill St, Memphis, TN 38106, 3 beds, 2 baths

$100,000

3 beds2 baths— sq ft

1353 Gill St, Memphis, TN 38106

Property at 271 Williford St, Memphis, TN 38112, 4 beds, 2 baths

$235,000

4 beds2 baths— sq ft

271 Williford St, Memphis, TN 38112

Property at 739 N Auburndale St, Memphis, TN 38107, 3 beds, 1 bath

$269,000

3 beds1 bath— sq ft

739 N Auburndale St, Memphis, TN 38107

Property at 3787 S Swan Ridge Cir, Memphis, TN 38122, 3 beds, 2 baths

$280,000

3 beds2 baths— sq ft

3787 S Swan Ridge Cir, Memphis, TN 38122

Property at 1931 Stone Bridge Dr, Memphis, TN 38134, 3 beds, 2 baths

$219,000

3 beds2 baths— sq ft

1931 Stone Bridge Dr, Memphis, TN 38134

Property at 4933 Flamingo Rd, Memphis, TN 38117, 3 beds, 1.5 baths

$235,000

3 beds1.5 baths— sq ft

4933 Flamingo Rd, Memphis, TN 38117

Property at 731 Litty Ct #204, Memphis, TN 38103, 2 beds, 2 baths

$229,000

2 beds2 baths— sq ft

731 Litty Ct #204, Memphis, TN 38103

Property at 1531 Beaver Trail Dr, Cordova, TN 38016, 2 beds, 2 baths

$189,500

2 beds2 baths— sq ft

1531 Beaver Trail Dr, Cordova, TN 38016

Property at 5235 Braden Dr, Memphis, TN 38127, 5 beds, 1.5 baths

$150,000

5 beds1.5 baths— sq ft

5235 Braden Dr, Memphis, TN 38127

Property at 9754 E Ryner Dr E, Cordova, TN 38018, 3 beds, 2.5 baths

$424,900

3 beds2.5 baths— sq ft

9754 E Ryner Dr E, Cordova, TN 38018

Property at 1727 Goodhaven Dr, Memphis, TN 38116, 3 beds, 1.5 baths

$159,900

3 beds1.5 baths— sq ft

1727 Goodhaven Dr, Memphis, TN 38116

Property at 818 Semmes St, Memphis, TN 38111, 1 bed, 1 bath

$116,500

1 bed1 bath— sq ft

818 Semmes St, Memphis, TN 38111

Property at 820 Semmes St, Memphis, TN 38111, 3 beds, 2 baths

$165,000

3 beds2 baths— sq ft

820 Semmes St, Memphis, TN 38111

Property at 460 Fox Valley Dr, Memphis, TN 38127, 3 beds, 1 bath

$67,000

3 beds1 bath1,721 sq ft

460 Fox Valley Dr, Memphis, TN 38127

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 5395 Cessna Rd, Memphis, TN 38109, 3 beds, 1 bath

$11,900

3 beds1 bath— sq ft

5395 Cessna Rd, Memphis, TN 38109

Property at 7901 Deer Trail Ln, Memphis, TN 38133, 3 beds, 2 baths

$280,000

3 beds2 baths— sq ft

7901 Deer Trail Ln, Memphis, TN 38133

Property at 8067 Kerry Dr, Cordova, TN 38018, 3 beds, 2 baths

$299,000

3 beds2 baths— sq ft

8067 Kerry Dr, Cordova, TN 38018

Property at 5 S Alicia Dr, Memphis, TN 38112, 3 beds, 3 baths

$340,000

3 beds3 baths— sq ft

5 S Alicia Dr, Memphis, TN 38112

Property at 275 Flynn Rd, Memphis, TN 38109, 3 beds, 1.5 baths

$79,900

3 beds1.5 baths— sq ft

275 Flynn Rd, Memphis, TN 38109

Property at 2136 Sparks St, Memphis, TN 38106, 3 beds, 1 bath

$55,000

3 beds1 bath— sq ft

2136 Sparks St, Memphis, TN 38106

Property at 1014 Maury St, Memphis, TN 38107, 2 beds, 1 bath

$135,000

2 beds1 bath— sq ft

1014 Maury St, Memphis, TN 38107

Viewing page 1 of 9

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 2026 Georgia MLS. All rights reserved.

Cheap Homes for Sale in Memphis

There are currently 2315 cheap homes for sale in Memphis at a median listing price of $192K. 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 332 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.

More real estate resources for Memphis, TN

Neighborhoods

Zip Codes

Nearby Cities

Nearby Cities with Cheap Homes

Nearby Neighborhoods with Cheap Homes

More to explore in Memphis, TN

Featured
Price

How to buy a house in Memphis, TN

How much house can I afford?

How to buy a house in 10 steps

First-time homebuyer's guide

See more home buying guides

Popular Markets in Tennessee

Based on information submitted to the MLS GRID as of Fri Jan 02 2026. 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.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.