Cheap homes for sale & real estate in Memphis, TN

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ABOUT THIS HOME
Cheap Home for sale in Memphis, TN:
Possible investment property; fixer upper

$70,000

3 beds1 bath— sq ft

3211 Ford Rd, Memphis, TN 38109

8,276 sq ft lot • Built 1983 • Listed 12 days

ABOUT THIS HOME
Cheap Home for sale in Memphis, TN:
A rare opportunity in Belle Meade on the highly sought-after Grove Park Rd! This property is being offered "as is" and presents incredible potential for a renovation or investment project. With 3 bedrooms, 2 bathrooms, and multiple living spaces—including a separate living room, dining room, and den—this home offers a versatile layout and two fireplaces for added character. Situated on a generous lot, there’s ample space for expansion or additional rooms. Bring your contractor, explore the possibilities, and envision the transformation. Opportunities like this in Belle Meade don’t come around often! May consider leasing $2500 mo

$424,900

3 beds2 baths— sq ft

244 S Grove Park Rd, Memphis, TN 38117

Generous lot • Dining room • Separate living room

ABOUT THIS HOME
Cheap Home for sale in Memphis, TN:
Step into timeless charm with this stunning 1BR/1BA condo in the heart of Downtown on historic Cotton Row. Featuring soaring 12-foot ceilings and original hardwood floors, this residence blends timeless character with modern convenience. All on one level, the open layout offers both comfort and style, perfect for entertaining or relaxing. Location is unbeatable—just one block from Main Street and four blocks from the vibrant Beale Street Entertainment District, you’ll have dining, shopping, and nightlife at your doorstep. Whether you’re seeking a chic urban retreat or a prime investment opportunity, this condo delivers the best of city living with unmatched walkability and

$125,000

1 bed1 bath— sq ft

107 S Front St #41, Memphis, TN 38103

Open layout • 12 foot ceilings • Built 1910

ABOUT THIS HOME
Cheap Home for sale in Memphis, TN:
Super cute & lovingly maintained! Fantastic floorplan with den open to eat-in kitchen! NEWER HVAC & Roof! Formal living & formal dining rooms! Cozy wood-burning fireplace in den! Primary bedroom w/ walk-in closet & en suite bathroom! Dedicated laundry room! Appliances can stay! HUGE floored attic! Great lot with large backyard & patio! Close-knit neighborhood! ESTATE SALE Weekend of Dec 5!

$200,000

3 beds2 baths— sq ft

3620 Archwood Dr, Memphis, TN 38128

Newer roof • Walk-in closet • Eat-in kitchen

ABOUT THIS HOME
Cheap Home for sale in Memphis, TN:
REDUCED!!! FHA appraisal required repairs includes replacing all exterior wood and painting have been completed. Interior newly painted. Alcy Park Subdivision. Beautiful tri-level home with gorgeous hardwood floors throughout. Living room / dining room combo. Three bedroom, 2 full baths. Den with woodburning fireplace. The kitchen features new cabinets, granite counter tops. Washer and dryer remains "as is". Laundy room and large pantry. Seller made extensive repairs to the plumbing in the laundry area. 2 car carport, covered patio is great for afternoon spring and summer grilling. New water heater, HVAC approximately 7 yrs. Termite contract and 1yr warranty. Closing cost must b

$150,000

3 beds2 baths— sq ft

2386 Bridgeport Dr, Memphis, TN 38114

New cabinets • Covered patio • Granite counter tops

Property at 1373 Mcmillan St, Memphis, TN 38106, 4 beds, 3 baths

$30,000

4 beds3 baths— sq ft

1373 Mcmillan St, Memphis, TN 38106

Property at 1164 Brady Hollow Ln, Cordova, TN 38016, 3 beds, 2 baths

$195,000

3 beds2 baths— sq ft

1164 Brady Hollow Ln, Cordova, TN 38016

Property at 740 Loeb St, Memphis, TN 38111, 3 beds, 1 bath

$169,000

3 beds1 bath— sq ft

740 Loeb St, Memphis, TN 38111

Property at 3110 Sunrise St, Memphis, TN 38127, 3 beds, 1 bath

$88,000

3 beds1 bath— sq ft

3110 Sunrise St, Memphis, TN 38127

Property at 3442 Wythe Rd, Memphis, TN 38134, 4 beds, 3 baths

$225,000

4 beds3 baths— sq ft

3442 Wythe Rd, Memphis, TN 38134

Property at 2282 Central Ave, Memphis, TN 38104, 2 beds, 1.5 baths

$325,000

2 beds1.5 baths— sq ft

2282 Central Ave, Memphis, TN 38104

Property at 3592 Epping Hills Cv, Memphis, TN 38128, 4 beds, 3 baths

$369,900

4 beds3 baths— sq ft

3592 Epping Hills Cv, Memphis, TN 38128

Property at 6730 Birch Run Dr, Memphis, TN 38115, 3 beds, 2 baths

$195,000

3 beds2 baths— sq ft

6730 Birch Run Dr, Memphis, TN 38115

Property at 1920 Manila Ave, Memphis, TN 38114, 3 beds, 2 baths

$314,999

3 beds2 baths— sq ft

1920 Manila Ave, Memphis, TN 38114

Property at 1240 Louisville Ave, Memphis, TN 38107, 3 beds, 2 baths

$70,000

3 beds2 baths1,879 sq ft

1240 Louisville Ave, Memphis, TN 38107

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 4550 Durbin Ave, Memphis, TN 38122, 3 beds, 1 bath

$160,000

3 beds1 bath— sq ft

4550 Durbin Ave, Memphis, TN 38122

Property at 1011 Philadelphia St, Memphis, TN 38104, 3 beds, 2 baths

$224,900

3 beds2 baths— sq ft

1011 Philadelphia St, Memphis, TN 38104

Property at 9039 Stonedale Dr, Cordova, TN 38018, 4 beds, 3 baths

$419,900

4 beds3 baths— sq ft

9039 Stonedale Dr, Cordova, TN 38018

Property at 89 W Carolina Ave W, Memphis, TN 38103, 2 beds, 2.5 baths

$349,999

2 beds2.5 baths— sq ft

89 W Carolina Ave W, Memphis, TN 38103

Property at 3240 N Waynoka Cir N, Memphis, TN 38111, 3 beds, 2 baths

$229,000

3 beds2 baths— sq ft

3240 N Waynoka Cir N, Memphis, TN 38111

Property at 1786 Woodburn Dr, Memphis, TN 38127, 3 beds, 2 baths

$99,900

3 beds2 baths— sq ft

1786 Woodburn Dr, Memphis, TN 38127

Property at 4515 Stony Point Dr, Memphis, TN 38141, 5 beds, 3 baths

$259,000

5 beds3 baths— sq ft

4515 Stony Point Dr, Memphis, TN 38141

Property at 1278 Edith Ave, Memphis, TN 38106, 4 beds, 2 baths

$149,900

4 beds2 baths— sq ft

1278 Edith Ave, Memphis, TN 38106

Property at 1452 Castalia St, Memphis, TN 38114, 2 beds, 1 bath

$115,000

2 beds1 bath— sq ft

1452 Castalia St, Memphis, TN 38114

Property at 680 Harbor Bend Rd #203, Memphis, TN 38103, 1 bed, 1 bath

$275,000

1 bed1 bath— sq ft

680 Harbor Bend Rd #203, Memphis, TN 38103

Property at 6975 Ashaway Cv, Memphis, TN 38119, 4 beds, 3 baths

$210,000

4 beds3 baths— sq ft

6975 Ashaway Cv, Memphis, TN 38119

Property at 721 Litty Ct #201, Memphis, TN 38103, 1 bed, 1.5 baths

$250,000

1 bed1.5 baths— sq ft

721 Litty Ct #201, Memphis, TN 38103

Property at 2879 Bannockburn Rd, Memphis, TN 38128, 3 beds, 2 baths

$195,900

3 beds2 baths— sq ft

2879 Bannockburn Rd, Memphis, TN 38128

Property at 1414 Horace St, Memphis, TN 38106, 3 beds, 1.5 baths

$45,000

3 beds1.5 baths— sq ft

1414 Horace St, Memphis, TN 38106

Property at 7801 Shadowland Dr, Memphis, TN 38125, 3 beds, 2 baths

$150,000

3 beds2 baths— sq ft

7801 Shadowland Dr, Memphis, TN 38125

Property at 3076 Harvester Ln, Memphis, TN 38127, 4 beds, 2 baths

$90,000

4 beds2 baths— sq ft

3076 Harvester Ln, Memphis, TN 38127

Property at 1960 N Parkway Ave #901, Memphis, TN 38112, 2 beds, 2 baths

$130,000

2 beds2 baths— sq ft

1960 N Parkway Ave #901, Memphis, TN 38112

Property at 4360 Bluebell St, Memphis, TN 38109, 4 beds, 1 bath

$89,900

4 beds1 bath— sq ft

4360 Bluebell St, Memphis, TN 38109

Property at 4850 Applestone St, Memphis, TN 38109, 3 beds, 1 bath

$98,850

3 beds1 bath— sq ft

4850 Applestone St, Memphis, TN 38109

Property at 5531 Alladin Ave, Memphis, TN 38120, 3 beds, 2 baths

$390,000

3 beds2 baths— sq ft

5531 Alladin Ave, Memphis, TN 38120

Property at 1277 Snowden Ave, Memphis, TN 38107, 4 beds, 2 baths

$129,900

4 beds2 baths— sq ft

1277 Snowden Ave, Memphis, TN 38107

Property at 734 Spring St, Memphis, TN 38112, 2 beds, 1 bath

$99,900

2 beds1 bath— sq ft

734 Spring St, Memphis, TN 38112

Property at 3587 Cowden Ave, Memphis, TN 38111, 3 beds, 2 baths

$399,901

3 beds2 baths— sq ft

3587 Cowden Ave, Memphis, TN 38111

Property at 7475 Kingsland Dr, Memphis, TN 38125, 3 beds, 2.5 baths

$289,000

3 beds2.5 baths— sq ft

7475 Kingsland Dr, Memphis, TN 38125

Property at 2617 Hale Ave, Memphis, TN 38112, 6 beds, 3 baths

$250,000

6 beds3 baths— sq ft

2617 Hale Ave, Memphis, TN 38112

Property at 5151 Wooddale Ave, Memphis, TN 38118, 3 beds, 2 baths

$155,900

3 beds2 baths— sq ft

5151 Wooddale Ave, Memphis, TN 38118

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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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