Homes for sale under $150k in Memphis, TN

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ABOUT THIS HOME
Homes for sale under $150k in Memphis, TN
Property selling as follows: As-Is Where-Is. Entire house has been renovated. New wood fence around property. This cute house just got a makeover! It has a new roof, so it’s all set for any weather. Inside, there are two bedrooms and one bathroom, all redone and looking great. The floors are new everywhere in the house, making it feel fresh. The kitchen has shiny new appliances, ready for you to use.

$99,975

2 beds1 bath— sq ft

726 E Gage Ave E, Memphis, TN 38106

7,405 sq ft lot • Built 1945 • Listed 7 days

ABOUT THIS HOME
Homes for sale under $150k in Memphis, TN
Discover a great opportunity with this 3-bedroom, 1.5-bath home featuring a single-car attached carport and a durable brick exterior. Situated on a fenced backyard, this property offers privacy and space for outdoor enjoyment. Being sold AS-IS, this home is ideal for both owner-occupants looking to personalize their space and investors seeking a solid addition to their rental portfolio. Don’t miss the chance to make this versatile property yours!

$99,950

3 beds1.5 baths— sq ft

3877 Kipling Ave, Memphis, TN 38128

Brick exterior • Attached carport • Fenced backyard

ABOUT THIS HOME
Homes for sale under $150k in Memphis, TN
Step into this beautifully renovated 3-bedroom, 2-bath home offering modern upgrades, stylish finishes, and a layout designed for comfortable living. Every detail has been refreshed, from flooring and paint to kitchen and bath updates, making it truly move-in ready. Perfectly located near local shopping and dining, this home also provides quick access to the interstate and is just minutes from downtown, offering unmatched convenience for work, school, and entertainment. Qualified buyers may also take advantage of down payment assistance, making this an exceptional opportunity to own a like-new home in a desirable, central location. Don’t miss out—schedule your private tour today

$99,900

3 beds2 baths— sq ft

224 Ingle St, Memphis, TN 38109

Stylish finishes • Move-in ready • Renovated home

ABOUT THIS HOME
Homes for sale under $150k in Memphis, TN
Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No blind offers and no wholesaler or assignment of contract offers will be accepted.

$99,900

3 beds1.5 baths— sq ft

5072 Blacksmith Dr, Memphis, TN 38127

6,969 sq ft lot • Built 1972 • Listed 112 days

ABOUT THIS HOME
Homes for sale under $150k in Memphis, TN
Older home with a complete remodel. New windows, interior & exterior paint, kit, bath, laminate flooring, lighting, insulation, stud walls, sheetrock, new shingles, much of the plumbing and electrical. Updated HVAC system, duck work, appliances include range hood, stove, refrigerator, garbage disposal, AS IS. * * * * RENTED SECTION 8 FOR $1365 PER MONTH. SHOWING AFTER OFFER HAS BEEN ACCEPTED.

$99,900

4 beds1 bath— sq ft

1410 South Ave, Memphis, TN 38106

Complete remodel • Exterior paint • Laminate flooring

Property at 3162 Periwinkle St, Memphis, TN 38127, 3 beds, 1 bath

$99,900

3 beds1 bath— sq ft

3162 Periwinkle St, Memphis, TN 38127

Property at 949 W Raines Rd, Memphis, TN 38109, 4 beds, 1.5 baths

$99,900

4 beds1.5 baths— sq ft

949 W Raines Rd, Memphis, TN 38109

Property at 2705 Mcmurray St, Memphis, TN 38118, 2 beds, 1 bath

$99,900

2 beds1 bath— sq ft

2705 Mcmurray St, Memphis, TN 38118

Property at 1499 Hamilton St, Memphis, TN 38114, 3 beds, 1 bath

$99,900

3 beds1 bath— sq ft

1499 Hamilton St, Memphis, TN 38114

Property at 2144 St Elmo Ave, Memphis, TN 38127, 3 beds, 1 bath

$99,900

3 beds1 bath— sq ft

2144 St Elmo Ave, Memphis, TN 38127

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 1809 Grovehaven Cir #1809, Memphis, TN 38116, 2 beds, 1.5 baths

$99,900

2 beds1.5 baths— sq ft

1809 Grovehaven Cir #1809, Memphis, TN 38116

Property at 6734 Quail Hollow Ct #1, Memphis, TN 38120, 1 bed, 1 bath

$99,900

1 bed1 bath— sq ft

6734 Quail Hollow Ct #1, Memphis, TN 38120

Property at 1346 Mcmillan St, Memphis, TN 38106, 2 beds, 1 bath

$99,900

2 beds1 bath— sq ft

1346 Mcmillan St, Memphis, TN 38106

Property at 1198 Canary Ln, Memphis, TN 38109, 3 beds, 1 bath

$99,900

3 beds1 bath— sq ft

1198 Canary Ln, Memphis, TN 38109

Property at 3418 Elk Point Dr, Memphis, TN 38128, 3 beds, 1 bath

$99,900

3 beds1 bath— sq ft

3418 Elk Point Dr, Memphis, TN 38128

Property at 1730 S Sutton Dr, Memphis, TN 38127, 4 beds, 2 baths

$99,900

4 beds2 baths— sq ft

1730 S Sutton Dr, Memphis, TN 38127

Property at 3655 Townes Ave, Memphis, TN 38122, 3 beds, 1 bath

$99,900

3 beds1 bath— sq ft

3655 Townes Ave, Memphis, TN 38122

Property at 3622 N Lloyd Cir, Memphis, TN 38108, 2 beds, 1 bath

$99,900

2 beds1 bath— sq ft

3622 N Lloyd Cir, Memphis, TN 38108

Property at 4509 Double Tree Rd, Memphis, TN 38109, 3 beds, 1 bath

$99,900

3 beds1 bath— sq ft

4509 Double Tree Rd, Memphis, TN 38109

Property at 1940 Driftwood Ave, Memphis, TN 38127, 3 beds, 1 bath

$99,900

3 beds1 bath— sq ft

1940 Driftwood Ave, Memphis, TN 38127

Property at 3300 Benjestown Rd, Memphis, TN 38127, 3 beds, 1.5 baths

$99,624

3 beds1.5 baths— sq ft

3300 Benjestown Rd, Memphis, TN 38127

Property at 3080 Walnut Grove Rd #305, Memphis, TN 38111, 1 bed, 1 bath

$99,500

1 bed1 bath— sq ft

3080 Walnut Grove Rd #305, Memphis, TN 38111

Property at 931 Carrolton Ave, Memphis, TN 38127, 3 beds, 1 bath

$99,500

3 beds1 bath— sq ft

931 Carrolton Ave, Memphis, TN 38127

Property at 5647 Maple Tree Dr, Memphis, TN 38115, 3 beds, 2 baths

$99,500

3 beds2 baths— sq ft

5647 Maple Tree Dr, Memphis, TN 38115

Property at 3594 Dumas St, Memphis, TN 38127, 3 beds, 1 bath

$99,350

3 beds1 bath— sq ft

3594 Dumas St, Memphis, TN 38127

Property at 493 Tonawanda Cv, Memphis, TN 38109, 3 beds, 1 bath

$99,000

3 beds1 bath— sq ft

493 Tonawanda Cv, Memphis, TN 38109

Property at 3038 Overton Crossing Rd, Memphis, TN 38127, 2 beds, 1.5 baths

$99,000

2 beds1.5 baths— sq ft

3038 Overton Crossing Rd, Memphis, TN 38127

Property at 1534 E Raines Rd, Memphis, TN 38116, 4 beds, 2 baths

$99,000

4 beds2 baths2,342 sq ft

1534 E Raines Rd, Memphis, TN 38116

Listing provided by REALTRACS as Distributed by MLS Grid

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 646 Western Park Dr, Memphis, TN 38109, 3 beds, 1 bath

$98,500

3 beds1 bath— sq ft

646 Western Park Dr, Memphis, TN 38109

Property at 4146 University St, Memphis, TN 38127, 3 beds, 1 bath

$98,330

3 beds1 bath— sq ft

4146 University St, Memphis, TN 38127

Property at 293 Carbon Rd, Memphis, TN 38109, 3 beds, 1 bath

$98,000

3 beds1 bath— sq ft

293 Carbon Rd, Memphis, TN 38109

Property at 3522 Mark Twain St, Memphis, TN 38127, 3 beds, 1.5 baths

$97,900

3 beds1.5 baths— sq ft

3522 Mark Twain St, Memphis, TN 38127

Property at 171 E Frank Ave, Memphis, TN 38109, 3 beds, 1.5 baths

$97,500

3 beds1.5 baths— sq ft

171 E Frank Ave, Memphis, TN 38109

Property at 3035 Phyllis Ln, Memphis, TN 38118, 3 beds, 1 bath

$97,000

3 beds1 bath— sq ft

3035 Phyllis Ln, Memphis, TN 38118

Property at 109 N Main St #708, Memphis, TN 38103, 1 bath

$97,000

0 beds1 bath— sq ft

109 N Main St #708, Memphis, TN 38103

Property at 2831 Redwing Rd, Memphis, TN 38118, 3 beds, 1.5 baths

$97,000

3 beds1.5 baths— sq ft

2831 Redwing Rd, Memphis, TN 38118

Property at 2607 Barron Ave, Memphis, TN 38114, 3 beds, 1 bath

$97,000

3 beds1 bath— sq ft

2607 Barron Ave, Memphis, TN 38114

Property at 3594 Sunrise St, Memphis, TN 38127, 4 beds, 2 baths

$96,500

4 beds2 baths— sq ft

3594 Sunrise St, Memphis, TN 38127

Property at 1907 Kingsley Ave, Memphis, TN 38127, 3 beds, 1.5 baths

$96,200

3 beds1.5 baths— sq ft

1907 Kingsley Ave, Memphis, TN 38127

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Homes for sale under $150k in Memphis

There are currently 895 homes for sale under $150k in Memphis. 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 Thu Dec 25 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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Homes for sale under $150k in Memphis, TN

Homes for sale under $150k in Memphis

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