Homes for sale under $400k in Memphis, TN

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ABOUT THIS HOME
Homes for sale under $400k in Memphis, TN
Be part of a historic Midtown street’s revival w/ this 5BR/4BA home that blends timeless character w/ modern updates in the heart of the Evergreen Historic District. Inside, you’ll find smooth ceilings, crown molding, updated windows, hardwood floors, & cozy window seats. The living room boasts a stone fireplace, coffered ceilings, & built-ins flowing seamlessly into a spacious dining room. The kitchen offers granite counters, a walk-in pantry, & appliances (2015) that stay, plus a large laundry room & full bath nearby. Upstairs features 4 roomy bedrooms, 2 updated baths w/ separate vanities, & versatile flex space. The third-floor second en suite inclu

$350,000

5 beds4 baths— sq ft

122 N Evergreen St, Memphis, TN 38104

Window seats • Updated windows • Travertine tile

ABOUT THIS HOME
Homes for sale under $400k in Memphis, TN
Gated Community surrounded by Colonial Golf Course. This home has so many beautiful updates and high-end finishes. Kitchen and primary bath were totally gutted and all new installed. Top end appliance, love the built in Miele Coffee machine! Check out the pics and video, stunning! Wood look tile flooring throughout the home, very durable and easy maintenance. Backyard is full of beautiful foliage! Privacy fence is newer as well. Just move into this one without any worries.

$350,000

3 beds2.5 baths— sq ft

2461 Eagleridge Ln, Cordova, TN 38016

Gated community • Colonial golf course • High-end finishes

ABOUT THIS HOME
Homes for sale under $400k in Memphis, TN
Welcome to Aspire where Harbor town living is at its finest! End unit with two wrap-around balconies offering stunning views of the Mississippi River Bridge and dog park, plus a third grilling balcony off the kitchen. This beautifully renovated two-story home features new flooring, luxury bathroom finishes, and an open layout with two bedrooms each with a private bath and a half bath for guests. Recent updates include fresh paint, a newer roof. Two-car garage with extra storage completes this exceptional downtown residence.

$350,000

2 beds2.5 baths— sq ft

380 N Island Dr #314, Memphis, TN 38103

Grilling balcony • Private bath • Stunning views

ABOUT THIS HOME
Homes for sale under $400k in Memphis, TN
Don't miss this charming gem in Harbor View on Mud Island! Just minutes from downtown Memphis, you'll enjoy easy access to top dining, entertainment, and riverfront trails perfect for walking or biking. Mud Island offers the convenience of its own restaurants and grocery store, all within a vibrant, close-knit community. This updated and inviting home is full of potential- ideal for anyone looking to settle into alively, scenic enighborhood with the perfect mix of city life and outdoor beauty. Make it yours and experience the BEST of Memphis living!

$350,000

2 beds2 baths— sq ft

1066 Island Pl E, Memphis, TN 38103

Mud island • Downtown memphis • Riverfront trails

ABOUT THIS HOME
Homes for sale under $400k in Memphis, TN
Looking for space?, this beautiful home offers 5 bedrooms and 4 bathrooms plus a pool and fenced backyard. Two suites with private baths upstairs, 3 bedrooms down, all custom tile, new paint, new pool liner. The kitchen features granite counter tops, smooth ceilings in various rooms, recessed lights, new light fixtures. There is an additional bathroom outside by the pool. Nice established neighborhood, county taxes only. Easy to show.

$350,000

5 beds4 baths— sq ft

6770 Shoreline Cir, Memphis, TN 38141

Custom tile • Granite counter tops • Fenced backyard

Property at 1561 Cedar Farms Cv, Cordova, TN 38016, 4 beds, 2.5 baths

$350,000

4 beds2.5 baths— sq ft

1561 Cedar Farms Cv, Cordova, TN 38016

Property at 295 Garland St, Memphis, TN 38104, 4 beds, 3 baths

$350,000

4 beds3 baths— sq ft

295 Garland St, Memphis, TN 38104

Property at 1345 Island Shore Dr, Memphis, TN 38103, 3 beds, 2.5 baths

$350,000

3 beds2.5 baths— sq ft

1345 Island Shore Dr, Memphis, TN 38103

Property at 2725 Covington Pike Rd, Memphis, TN 38128, 3 beds, 3 baths

$350,000

3 beds3 baths— sq ft

2725 Covington Pike Rd, Memphis, TN 38128

Property at 1250 E Island Pl, Memphis, TN 38103, 3 beds, 2.5 baths

$350,000

3 beds2.5 baths— sq ft

1250 E Island Pl, Memphis, TN 38103

Property at 2831 Epping Crest Cv, Memphis, TN 38128, 4 beds, 2.5 baths

$349,999

4 beds2.5 baths— sq ft

2831 Epping Crest Cv, Memphis, TN 38128

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 Simmons Plan, Memphis, TN 38018, 3 beds, 2.5 baths

$349,900

3 beds2.5 baths2,064 sq ft

Simmons Plan, Memphis, TN 38018

Listing provided by Zillow

Property at 215 S Reese St, Memphis, TN 38111, 3 beds, 2 baths

$349,900

3 beds2 baths— sq ft

215 S Reese St, Memphis, TN 38111

Property at 2819 Epping Crest Cv, Memphis, TN 38128, 4 beds, 2.5 baths

$349,900

4 beds2.5 baths— sq ft

2819 Epping Crest Cv, Memphis, TN 38128

Property at 7473 Kylan Dr, Memphis, TN 38125, 5 beds, 2.5 baths

$349,900

5 beds2.5 baths— sq ft

7473 Kylan Dr, Memphis, TN 38125

Property at 5313 Chickasaw Ave, Memphis, TN 38120, 4 beds, 2 baths

$349,900

4 beds2 baths— sq ft

5313 Chickasaw Ave, Memphis, TN 38120

Property at 768 Eventide Dr #768, Memphis, TN 38120, 3 beds, 2.5 baths

$349,900

3 beds2.5 baths— sq ft

768 Eventide Dr #768, Memphis, TN 38120

$349,900

3 beds2.5 baths1,967 sq ft

8663 Colleton Way #36, Cordova, TN 38018

Listing provided by Zillow

Property at 318 Richards Way Dr, Cordova, TN 38018, 4 beds, 2.5 baths

$349,900

4 beds2.5 baths— sq ft

318 Richards Way Dr, Cordova, TN 38018

Property at Hardin Plan, Cordova, TN 38018, 3 beds, 2.5 baths

$349,900

3 beds2.5 baths2,060 sq ft

Hardin Plan, Cordova, TN 38018

Listing provided by Zillow

Property at 8663 Colleton Way, Cordova, TN 38018, 3 beds, 2.5 baths

$349,900

3 beds2.5 baths— sq ft

8663 Colleton Way, Cordova, TN 38018

Property at 1036 River Isle Cv, Memphis, TN 38103, 3 beds, 2.5 baths

$349,900

3 beds2.5 baths— sq ft

1036 River Isle Cv, Memphis, TN 38103

Property at 424 N Willett St, Memphis, TN 38112, 3 beds, 2 baths

$349,900

3 beds2 baths— sq ft

424 N Willett St, Memphis, TN 38112

Property at 1794 York Ave, Memphis, TN 38104, 4 beds, 2 baths

$349,900

4 beds2 baths— sq ft

1794 York Ave, Memphis, TN 38104

Property at 465 S Main St #303, Memphis, TN 38103, 2 beds, 2 baths

$349,000

2 beds2 baths— sq ft

465 S Main St #303, Memphis, TN 38103

Property at 8766 Wood Mills Cv W, Cordova, TN 38016, 4 beds, 3 baths

$349,000

4 beds3 baths— sq ft

8766 Wood Mills Cv W, Cordova, TN 38016

Property at 4152 Barfield Rd, Memphis, TN 38117, 3 beds, 2 baths

$349,000

3 beds2 baths— sq ft

4152 Barfield Rd, Memphis, TN 38117

Property at 1354 Island Shore Dr, Memphis, TN 38103, 3 beds, 2.5 baths

$349,000

3 beds2.5 baths— sq ft

1354 Island Shore Dr, Memphis, TN 38103

Property at 1064 Philadelphia St, Memphis, TN 38104, 3 beds, 2.5 baths

$348,999

3 beds2.5 baths— sq ft

1064 Philadelphia St, Memphis, TN 38104

Property at 3539 Charleswood Ave, Memphis, TN 38122, 3 beds, 2 baths

$348,500

3 beds2 baths— sq ft

3539 Charleswood Ave, Memphis, TN 38122

Property at 2000 Westbriar Dr, Cordova, TN 38016, 4 beds, 2.5 baths

$345,900

4 beds2.5 baths— sq ft

2000 Westbriar Dr, Cordova, TN 38016

Property at 8952 Vorlich Cv, Cordova, TN 38016, 4 beds, 2.5 baths

$345,500

4 beds2.5 baths— sq ft

8952 Vorlich Cv, Cordova, TN 38016

Property at 251 S Holmes St S, Memphis, TN 38111, 3 beds, 2 baths

$345,000

3 beds2 baths— sq ft

251 S Holmes St S, Memphis, TN 38111

Property at 73 N Goodlett St, Memphis, TN 38117, 4 beds, 2 baths

$345,000

4 beds2 baths— sq ft

73 N Goodlett St, Memphis, TN 38117

Property at 7303 Winterbrook Ln, Cordova, TN 38018, 3 beds, 3 baths

$345,000

3 beds3 baths— sq ft

7303 Winterbrook Ln, Cordova, TN 38018

Property at 2997 Riverdale Rd, Germantown, TN 38119, 3 beds, 2 baths

$345,000

3 beds2 baths— sq ft

2997 Riverdale Rd, Germantown, TN 38119

Property at 1997 Harbert Ave, Memphis, TN 38104, 3 beds, 2 baths

$345,000

3 beds2 baths— sq ft

1997 Harbert Ave, Memphis, TN 38104

Property at Stewart Plan, Cordova, TN 38018, 3 beds, 2.5 baths

$344,900

3 beds2.5 baths2,001 sq ft

Stewart Plan, Cordova, TN 38018

Listing provided by Zillow

Property at 8749 N Abbotsbury Pl, Cordova, TN 38016, 4 beds, 3 baths

$344,900

4 beds3 baths— sq ft

8749 N Abbotsbury Pl, Cordova, TN 38016

Property at 2104 Vinton Ave, Memphis, TN 38104, 3 beds, 3 baths

$344,900

3 beds3 baths— sq ft

2104 Vinton Ave, Memphis, TN 38104

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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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