Cheap homes for sale & real estate in Memphis, TN

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ABOUT THIS HOME
Cheap Home for sale in Memphis, TN:
Beautifully renovated 4 bed, 2 bath home in the heart of East Memphis! This move-in ready property features luxury vinyl plank flooring, new light fixtures, and a fully updated kitchen with brand-new cabinets and granite countertops. The spacious living room offers a cozy electric fireplace perfect for relaxing evenings. Both bathrooms have been redesigned with stylish vanities and modern tile work in the showers and floors. Step outside to a large private backyard with a deck—ideal for entertaining or unwinding. A perfect blend of comfort, style, and convenience—don’t miss this one!

$394,900

4 beds2 baths— sq ft

505 Eastbourne Pl, Memphis, TN 38117

Private backyard • Redesigned bathrooms • Updated kitchen

ABOUT THIS HOME
Cheap Home for sale in Memphis, TN:
Fire-damaged property being sold AS-IS . No repairs, warranties, or contingencies will be accepted. No interior access or inspections allowed. Buyers should perform all due diligence before submitting an offer. Great opportunity for investors looking for a rebuild or lot project.

$10,000

3 beds1 bath— sq ft

842 Carson St, Memphis, TN 38111

Built 1920 • Listed 5 days

ABOUT THIS HOME
Cheap Home for sale in Memphis, TN:
Move-in ready 2BR/2BA home featuring fresh paint, new flooring, updated lightening throughout, and a brand-new deck ideal for relaxing or entertaining. This bright and clean home offers a comfortable, easy-flow layout with well-maintained interiors. Located directly across the street from a park, it provides a great outdoor space for walks and recreation. Close to shopping, schools, and major routes for added convenience. A wonderful opportunity for any buyer seeking quality in a great area.

$175,000

2 beds2 baths— sq ft

5197 Kimbark Woods Dr, Memphis, TN 38134

Brand-new deck • New flooring • Updated lightening

ABOUT THIS HOME
Cheap Home for sale in Memphis, TN:
Welcome to this beautiful home in The South Bluffs, one of Downtown Memphis’ premier gated communities just steps from the Mississippi River. This home combines style, comfort, and convenience, featuring hardwood floors throughout the main level, spacious living areas, and a perfect indoor-outdoor flow ideal for entertaining. A large private side porch opens to a cozy patio between the home and the detached two-car garage, connected by a covered walkway. Upstairs, both bedrooms offer private balconies and en-suite baths, while the primary suite showcases a stunning spa-like renovated bathroom with a double vanity and luxury finishes. Enjoy resort-style amenities including a pool, tenn

$399,900

2 beds2.5 baths— sq ft

533 Rienzi Dr, Memphis, TN 38103

Private balconies • Private side porch • Covered walkway

ABOUT THIS HOME
Cheap Home for sale in Memphis, TN:
Charming and move-in ready! This well-maintained 3-bedroom home features beautiful hardwood floors throughout, offering a warm and timeless feel in every room. Two major upgrades have already been taken care of for you — a new roof (2021) and new HVAC system (2021) — giving peace of mind and helping keep future maintenance costs low. Spacious layout, great natural light, and a convenient location near shopping, schools, and interstate access. Perfect for a homeowner or investor looking for a solid, updated property. Don’t miss this one!

$194,900

3 beds2 baths— sq ft

4506 Faronia Rd, Memphis, TN 38116

Convenient location • Hardwood floors • New roof

Property at 2234 E Alcy Rd, Memphis, TN 38114, 4 beds, 2 baths

$189,900

4 beds2 baths— sq ft

2234 E Alcy Rd, Memphis, TN 38114

Property at 2367 Kingsley Ave, Memphis, TN 38127, 3 beds, 1.5 baths

$95,000

3 beds1.5 baths— sq ft

2367 Kingsley Ave, Memphis, TN 38127

Property at 1210 Vernon Cv, Memphis, TN 38122, 3 beds, 2 baths

$225,000

3 beds2 baths— sq ft

1210 Vernon Cv, Memphis, TN 38122

Property at 141 N Auburndale St N #141, Memphis, TN 38104, 2 beds, 1.5 baths

$90,000

2 beds1.5 baths— sq ft

141 N Auburndale St N #141, Memphis, TN 38104

Property at 2881 Tutwiler Ave, Memphis, TN 38112, 2 beds, 1 bath

$135,000

2 beds1 bath— sq ft

2881 Tutwiler Ave, Memphis, TN 38112

Property at 1323 Island Ridge Dr, Memphis, TN 38103, 3 beds, 2.5 baths

$409,000

3 beds2.5 baths— sq ft

1323 Island Ridge Dr, Memphis, TN 38103

Property at 3761 Station Way #3761, Memphis, TN 38115, 2 beds, 1.5 baths

$35,000

2 beds1.5 baths— sq ft

3761 Station Way #3761, Memphis, TN 38115

Property at 5243 Zodiac Rd, Memphis, TN 38118, 4 beds, 2 baths

$200,000

4 beds2 baths— sq ft

5243 Zodiac Rd, Memphis, TN 38118

Property at 1723 Brookside Dr, Germantown, TN 38138, 4 beds, 2.5 baths

$419,000

4 beds2.5 baths— sq ft

1723 Brookside Dr, Germantown, TN 38138

Property at 108 N Belvedere Blvd #12, Memphis, TN 38104, 2 beds, 1 bath

$85,000

2 beds1 bath— sq ft

108 N Belvedere Blvd #12, Memphis, TN 38104

Property at 505 Tennessee St #213, Memphis, TN 38103, 1 bed, 1 bath

$300,000

1 bed1 bath— sq ft

505 Tennessee St #213, Memphis, TN 38103

Property at 7211 Butterfly Dr, Memphis, TN 38133, 3 beds, 2 baths

$229,000

3 beds2 baths— sq ft

7211 Butterfly Dr, Memphis, TN 38133

Property at 775 Alma St, Memphis, TN 38107, 4 beds, 2 baths

$70,000

4 beds2 baths— sq ft

775 Alma St, Memphis, TN 38107

Property at 4843 Verne Rd, Memphis, TN 38117, 3 beds, 1 bath

$295,000

3 beds1 bath— sq ft

4843 Verne Rd, Memphis, TN 38117

Property at 3480 Tallyho Rd, Memphis, TN 38128, 4 beds, 2 baths

$179,000

4 beds2 baths— sq ft

3480 Tallyho Rd, Memphis, TN 38128

Property at 1260 Cherrydale Cv, Memphis, TN 38111, 4 beds, 2.5 baths

$310,000

4 beds2.5 baths— sq ft

1260 Cherrydale Cv, Memphis, TN 38111

Property at 3483 Julia St, Memphis, TN 38127, 4 beds, 2 baths

$89,900

4 beds2 baths— sq ft

3483 Julia St, Memphis, TN 38127

Property at 6336 Limewood Ave, Memphis, TN 38134, 4 beds, 2 baths

$239,900

4 beds2 baths— sq ft

6336 Limewood Ave, Memphis, TN 38134

Property at 224 Ingle St, Memphis, TN 38109, 3 beds, 2 baths

$99,900

3 beds2 baths— sq ft

224 Ingle St, Memphis, TN 38109

Property at 5136 Rolling Fields Dr, Memphis, TN 38134, 3 beds, 1.5 baths

$219,900

3 beds1.5 baths— sq ft

5136 Rolling Fields Dr, Memphis, TN 38134

Property at 176 Plainview St, Memphis, TN 38111, 2 beds, 2 baths

$259,000

2 beds2 baths— sq ft

176 Plainview St, Memphis, TN 38111

Property at 108 N Belvedere Blvd #22, Memphis, TN 38104, 2 beds, 1 bath

$85,000

2 beds1 bath— sq ft

108 N Belvedere Blvd #22, Memphis, TN 38104

Property at 1554 Hopewell St, Memphis, TN 38117, 3 beds, 1 bath

$169,900

3 beds1 bath— sq ft

1554 Hopewell St, Memphis, TN 38117

Property at 4625 White Fox Dr, Memphis, TN 38109, 3 beds, 1.5 baths

$114,900

3 beds1.5 baths— sq ft

4625 White Fox Dr, Memphis, TN 38109

Property at 1212 Capital Ave, Memphis, TN 38107, 3 beds, 1 bath

$41,000

3 beds1 bath— sq ft

1212 Capital Ave, Memphis, TN 38107

Property at 108 N Belvedere Blvd #18, Memphis, TN 38104, 2 beds, 1 bath

$85,000

2 beds1 bath— sq ft

108 N Belvedere Blvd #18, Memphis, TN 38104

Property at 1257 Deer Trail Ln, Memphis, TN 38109, 3 beds, 1 bath

$104,900

3 beds1 bath— sq ft

1257 Deer Trail Ln, Memphis, TN 38109

Property at 4386 Oaks Royal Dr, Memphis, TN 38128, 4 beds, 2.5 baths

$265,000

4 beds2.5 baths— sq ft

4386 Oaks Royal Dr, Memphis, TN 38128

Property at 3536 Christine Rd, Memphis, TN 38118, 4 beds, 3 baths

$155,000

4 beds3 baths— sq ft

3536 Christine Rd, Memphis, TN 38118

Property at 5700 Chapman Ave, Memphis, TN 38119, 3 beds, 2 baths

$275,000

3 beds2 baths— sq ft

5700 Chapman Ave, Memphis, TN 38119

Property at 1220 S White Station Rd, Memphis, TN 38117, 4 beds, 2 baths

$190,000

4 beds2 baths— sq ft

1220 S White Station Rd, Memphis, TN 38117

Property at 3634 Autumn Ave, Memphis, TN 38122, 3 beds, 1 bath

$244,000

3 beds1 bath— sq ft

3634 Autumn Ave, Memphis, TN 38122

Property at 1277 Smith Ave, Memphis, TN 38107, 6 beds, 4 baths

$189,900

6 beds4 baths— sq ft

1277 Smith Ave, Memphis, TN 38107

Property at 3100 Cowden Ave, Memphis, TN 38111, 3 beds, 1 bath

$250,000

3 beds1 bath— sq ft

3100 Cowden Ave, Memphis, TN 38111

Property at 4511 Sumners Wells Rd, Memphis, TN 38118, 3 beds, 1 bath

$129,900

3 beds1 bath— sq ft

4511 Sumners Wells Rd, Memphis, TN 38118

Property at 3780 Mallory Rd, Memphis, TN 38111, 2 beds, 1 bath

$99,900

2 beds1 bath— sq ft

3780 Mallory Rd, Memphis, TN 38111

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Cheap Homes for Sale in Memphis

There are currently 2593 cheap homes for sale in Memphis at a median listing price of $191K. 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 77 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, 502 homes have been sold in Memphis. In addition to houses in Memphis, there were also 345 condos, 57 townhouses, and 104 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 Mon Dec 01 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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