Homes for sale under $400k in Memphis, TN

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ABOUT THIS HOME
Homes for sale under $400k in Memphis, TN
Gorgeous 2-story home in prestigious South Bluff, a gated downtown Memphis community with a neighborhood pool! Built in 1999, this 1700+ SF home offers a spacious den with hardwood floors and Staley built-ins, plus smooth ceilings throughout. The formal dining room is perfect for intimate dinners. The kitchen features ample cabinetry and natural light. Upstairs you'll find two large bedrooms, each with updated private baths and generous walk-in closets—plus two additional closets in the primary. Newer carpet upstairs and pull-down attic stairs for extra storage. Enjoy coffee on the covered front porch or host evening cookouts on the backyard deck. Attached 2-car garage. Close to South

$400,000

2 beds2.5 baths— sq ft

557 Rienzi Dr, Memphis, TN 38103

Formal dining room • Neighborhood pool • Spacious den

ABOUT THIS HOME
Homes for sale under $400k in Memphis, TN
MOVE IN READY in Midtown! Sellers spent over $150k in updates since 2021 & now are relocating out of state and hate to leave! AMAZING kitchen with new cabinets, quartzite counters and backsplash, induction cooktop & coffee bar ~ New roof ~ All new Andersen windows ~ Both HVAC units replaced ~ New water heater ~ Updated electrical ~ Fiber internet ~ Joists replaced in crawl space ~ New custom front door ~ Custom window treatments ~ New backyard fence and more! Bedroom upstairs has HUGE walk-in closet with window seat! Awesome floorplan with laundry on main floor & pantry - rare in Midtown! Driveway gate ~ Security system ~ Detached shed with new siding & paint ~ Plays

$400,000

4 beds2 baths— sq ft

1621 Linden Ave, Memphis, TN 38104

Induction cooktop • Quartzite counters • New cabinets

ABOUT THIS HOME
Homes for sale under $400k in Memphis, TN
Rare Gem in Central Gardens-Historic Queen Anne Cottage. Step into a piece of Memphis history with one of the few remaining Queen Annes in CG. This single level 3 bedroom, 2 bath features 12 foot ceilings, long wide hallways, hardwood floors and 3 decorative fireplaces. Spacious kitchen, screened porch, sprawling deck and . 29 acre lot to enjoy peaceful outdoor living. There is a 3 car carport and electric gate. 2 newer HVAC systems. Converted to duplex in WW1 then back to single family. Beauty

$400,000

3 beds2 baths— sq ft

1785 Glenwood Pl, Memphis, TN 38104

One level home • Spacious kitchen • Versatile floor plan

ABOUT THIS HOME
Homes for sale under $400k in Memphis, TN
Wow! MASSIVE PRICE DROP! Let's celebrate the season with a new address! Take advantage of this incredible new price in a desirable neighborhood. Great location and now PRICED TO MOVE fast! Seller says SELL! Property is qualified for 100% finance. No City Taxes!! This home offers 4 bedroom and 3.5 bath located in the beautiful sought out Walnut Garden subdivision. This home offers a spacious living room, formal dining room and a great kitchen, breakfast area and keeping hearth room for entertainment. The large primary suite has a big spa bath with a separate shower along with a spacious walk-in closet. Each additional bedroom is generously sized. Bonus room is located on the upper level. Thi

$400,000

4 beds3.5 baths— sq ft

335 Walnut Gardens Dr, Cordova, TN 38018

Great kitchen • Formal dining room • Keeping room

$400,000

4 beds3.5 baths— sq ft

8859 Plantation Trail Cv, Cordova, TN 38018

Formal dining room • Living room • Peaceful cove

Property at 110 Vance Ave, Memphis, TN 38103, 2 beds, 2.5 baths

$400,000

2 beds2.5 baths— sq ft

110 Vance Ave, Memphis, TN 38103

Property at 1636 Stablemill Cv, Cordova, TN 38016, 4 beds, 2.5 baths

$400,000

4 beds2.5 baths— sq ft

1636 Stablemill Cv, Cordova, TN 38016

Property at 663 Moss Rd, Memphis, TN 38117, 5 beds, 3 baths

$399,999

5 beds3 baths— sq ft

663 Moss Rd, Memphis, TN 38117

Property at 918 Harbor View Dr, Memphis, TN 38103, 3 beds, 2.5 baths

$399,999

3 beds2.5 baths— sq ft

918 Harbor View Dr, Memphis, TN 38103

Property at 1286 Overton Park Ave, Memphis, TN 38104, 5 beds, 3.5 baths

$399,999

5 beds3.5 baths— sq ft

1286 Overton Park Ave, Memphis, TN 38104

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 7524 Bronze Dr, Memphis, TN 38125, 5 beds, 3 baths

$399,900

5 beds3 baths— sq ft

7524 Bronze Dr, Memphis, TN 38125

Property at 87 N Highland St, Memphis, TN 38111, 3 beds, 2.5 baths

$399,900

3 beds2.5 baths— sq ft

87 N Highland St, Memphis, TN 38111

Property at 533 Rienzi Dr, Memphis, TN 38103, 2 beds, 2.5 baths

$399,900

2 beds2.5 baths— sq ft

533 Rienzi Dr, Memphis, TN 38103

Property at 82 Stonewall St, Memphis, TN 38104, 5 beds, 2.5 baths

$399,900

5 beds2.5 baths— sq ft

82 Stonewall St, Memphis, TN 38104

Property at 1009 Rozelle St, Memphis, TN 38114, 14 beds

$399,800

14 beds— baths— sq ft

1009 Rozelle St, Memphis, TN 38114

Property at 3553 Oakley Ave, Memphis, TN 38111, 3 beds, 2 baths

$399,500

3 beds2 baths— sq ft

3553 Oakley Ave, Memphis, TN 38111

Property at 4821 S Kingsgate Pl, Memphis, TN 38117, 3 beds, 3.5 baths

$399,500

3 beds3.5 baths— sq ft

4821 S Kingsgate Pl, Memphis, TN 38117

Property at 3659 Highland Park Pl, Memphis, TN 38111, 3 beds, 2 baths

$399,000

3 beds2 baths— sq ft

3659 Highland Park Pl, Memphis, TN 38111

Property at 3520 Central Ave #207, Memphis, TN 38111, 3 beds, 3.5 baths

$399,000

3 beds3.5 baths— sq ft

3520 Central Ave #207, Memphis, TN 38111

Property at 717 Riverside Dr #1104, Memphis, TN 38103, 2 beds, 2 baths

$399,000

2 beds2 baths— sq ft

717 Riverside Dr #1104, Memphis, TN 38103

Property at 1227 Isle View Dr, Memphis, TN 38103, 3 beds, 2.5 baths

$399,000

3 beds2.5 baths— sq ft

1227 Isle View Dr, Memphis, TN 38103

Property at The Lenox Plan, Ri9aom Memphis, TN 38119, 2 beds, 2.5 baths

$399,000

2 beds2.5 baths1,594 sq ft

The Lenox Plan, Ri9aom Memphis, TN 38119

Listing provided by Zillow

Property at 8668 Stablemill Ln, Cordova, TN 38016, 4 beds, 3.5 baths

$399,000

4 beds3.5 baths— sq ft

8668 Stablemill Ln, Cordova, TN 38016

Property at 35 W Bendel Cir, Memphis, TN 38117, 3 beds, 2 baths

$399,000

3 beds2 baths— sq ft

35 W Bendel Cir, Memphis, TN 38117

Property at 335 Riverbluff Pl #3, Memphis, TN 38103, 2 beds, 2.5 baths

$399,000

2 beds2.5 baths— sq ft

335 Riverbluff Pl #3, Memphis, TN 38103

Property at 5188 Gwynne Rd, Memphis, TN 38117, 4 beds, 2 baths

$399,000

4 beds2 baths— sq ft

5188 Gwynne Rd, Memphis, TN 38117

Property at 717 Riverside Dr #401, Memphis, TN 38103, 2 beds, 2 baths

$399,000

2 beds2 baths— sq ft

717 Riverside Dr #401, Memphis, TN 38103

Property at 275 Island Village Dr, Memphis, TN 38103, 4 beds, 2.5 baths

$399,000

4 beds2.5 baths— sq ft

275 Island Village Dr, Memphis, TN 38103

Property at 936 S Cox St, Memphis, TN 38104, 3 beds, 2.5 baths

$399,000

3 beds2.5 baths— sq ft

936 S Cox St, Memphis, TN 38104

Property at 5476 E East End Village Dr, Memphis, TN 38119, 2 beds, 2.5 baths

$399,000

2 beds2.5 baths— sq ft

5476 E East End Village Dr, Memphis, TN 38119

Property at 165 Picardy Pl, Memphis, TN 38111, 4 beds, 2 baths

$399,000

4 beds2 baths— sq ft

165 Picardy Pl, Memphis, TN 38111

Property at 344 Greenway Pl, Memphis, TN 38117, 3 beds, 2.5 baths

$398,500

3 beds2.5 baths— sq ft

344 Greenway Pl, Memphis, TN 38117

Property at 356 Clove Dr, Memphis, TN 38117, 3 beds, 2.5 baths

$397,500

3 beds2.5 baths— sq ft

356 Clove Dr, Memphis, TN 38117

Property at 3160 Wilcox Ave, Memphis, TN 38111, 3 beds, 2.5 baths

$397,000

3 beds2.5 baths— sq ft

3160 Wilcox Ave, Memphis, TN 38111

Property at 435 S Front St #303, Memphis, TN 38103, 2 beds, 2 baths

$395,900

2 beds2 baths— sq ft

435 S Front St #303, Memphis, TN 38103

Property at 2652 Misty Woods Cv S, Cordova, TN 38016, 4 beds, 2.5 baths

$395,000

4 beds2.5 baths— sq ft

2652 Misty Woods Cv S, Cordova, TN 38016

Property at 4736 All Spice Dr #4736, Memphis, TN 38117, 2 beds, 2.5 baths

$395,000

2 beds2.5 baths— sq ft

4736 All Spice Dr #4736, Memphis, TN 38117

Property at 4023 Hilldale Ave, Memphis, TN 38117, 3 beds, 2 baths

$395,000

3 beds2 baths— sq ft

4023 Hilldale Ave, Memphis, TN 38117

Property at 2011 Kirby Pkwy, Memphis, TN 38119, 3 beds, 2 baths

$395,000

3 beds2 baths— sq ft

2011 Kirby Pkwy, Memphis, TN 38119

Property at 8497 Bergen Cv, Cordova, TN 38018, 5 beds, 3.5 baths

$395,000

5 beds3.5 baths— sq ft

8497 Bergen Cv, Cordova, TN 38018

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Homes for sale under $400k in Memphis

There are currently 2112 homes for sale under $400k 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 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 Sun Nov 30 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 $400k in Memphis, TN

Homes for sale under $400k in Memphis

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