Most Affordable Homes for Sale in Memphis, TN Right Now
Last updated: January 2, 2026
Memphis has a median home sale price of $185K, a 8.8% increase from last year. Homes stay on the market for an average of 78 days and receive an average of 1 offers.
About this home
Investor special! This 3 bed, 1.5 bath townhome is completely gutted and may have fire damage—ready for your next flip or rental project. Sold AS-IS with no utilities on. Buyer to verify all info. Cash only. Great potential for the right investor!
About this home
Burned down, build your own home or rental property.
About this home
Three bedroom Home that is priced to sell! Located on a quiet street. Cash offers only! Home needs repairs but could be worth a lot once rehabbed and repaired. Excellent long-term rental, fix and flip option, or just buy it. .. rehab it. .. and live in it! Very convenient location and less than 30 minutes from several amenities. Seller won't make repairs. Property being sold as-is, where-is.
About this home
Brick 1 bedroom 1 bath to be sold as a package with 775 alma St. No Wholesalers, No Seller Finance !
About this home
Selling as is. Cash offers only!! Needs extensive work and will not qualify for most loans. Good opportunity for a fix and flip or fix and live in. Drive by go inside and then make your cash offer.
About this home
Excellent Investment Opportunity in Memphis This 2-bedroom, 1-bath home offers strong potential for investors looking for a full renovation project. The property requires significant repairs inside and out, giving you complete flexibility to redesign and add value. With a spacious yard, classic brick exterior, and proximity to downtown and major redevelopment zones, this home is a prime candidate for a fix-and-flip, rental renovation, or new-construction project. Being sold as-is. Cash or investor financing preferred.
About this home
Investment property available. Distressed home near many industrial facilities / employers. Property has curb cut. Cash offers preferred. Please do due diligence before submitting an offer. No creative or owner financed offers. No wholesale or assignment
About this home
Welcome to 2151 Goff Ave! Remodeling has just begun — feel free to buy as is and use our renovation template, or with $30K in a well-managed renovation project, you can own a thoughtfully designed home just like the finished concept shown in the listing photos. Pictures are renderings — the house does not look like this and is currently being cleared out. The home is set to feature modern IKEA of Memphis finishes, giving it a clean, contemporary feel. Price will increase as renovations continue and improvements are completed — secure it now while the upside is still on the table! Seller owns many properties and is open to discounts for creative package deals. Owner financing available. Please ask listing agent for details. Property will be sold as is. Proof of funds required with all offers. Terms of escrow and renovation management to be included in the purchase agreement. Owner financing available, ask listing agent for details!
About this home
Investor special! Property is completely gutted and ready for renovation. Perfect opportunity for investors, flippers, or buyers looking to customize a home from the ground up. Listed at $20,000 with major demo work already completed. Reconfigure the layout to your needs and add value your way. Property sold as-is. Buyer to verify all information. Videos available upon request.
About this home
Investor special! This 3 bed, 1.5 bath townhouse is being sold AS-IS and is perfect for those looking to renovate and add value. Some remodeling has already been started, giving you a head start on the transformation. Property needs work and is not move-in ready—ideal for cash buyers only. With the right vision and updates, this home has great potential. Don’t miss this opportunity to bring it back to life!
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