Most Affordable Homes for Sale in Memphis, TN Right Now
Last updated: September 13, 2025
Memphis has a median home sale price of $185K, a 7.9% increase from last year. Homes stay on the market for an average of 67 days and receive an average of 1 offers.
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Property has been burned and view with cautionary measures.
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Great Investment Property - Selling in "AS-IS" Condition.
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Back on the Market! No fault of the seller — buyer financing fell through. Investor Special!
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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!
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Investor special! Experienced investor needed. No utilities. Sold AS-IS. No representations, guarantees or warranties made by agent or seller. Do not disturb city notices. Great potential for an investor with vision. Great rental rates in the area.
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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. * Fire-damaged property *
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Attention investors and DIY enthusiasts! Multiple exit strategies: finish this remodel then either flip, rent or move in! Home being sold as is. Cash preferred but will consider financed all offers.
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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
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PACKAGE SALE ONLY TO INCLUDE ALL PROPERIES FOR LIST PRICE OF $225,000: Addresses Included in sale- 3037 St. Cloud Place, 3038 St. Cloud Place, 3046 St. Clair Place, 3047 St. Cloud Place, 3052 St. Croix Place, 3061 St. Croix Place, 3063 St. Cloud Place, 3065 St. Cloud Place, 3069 St. Clair Place, 3073 St. Cloud Place, 3074 St. Cloud Place, 3048 St Cloud Place. Varying condition. 3 Tenant occupied properties (3074 St. Cloud - $600, 3063 St. Cloud Pl- $600, and 3038 St. Cloud Place- $575) Units in need of repairs and in varying conditions. Being sold As-is. Some have new exterior paint and roofs. When renovated, nice investment potential. Call to schedule showing.
About this home
PACKAGE SALE ONLY TO INCLUDE ALL PROPERIES FOR LIST PRICE OF $225,000: Addresses Included in sale- 3037 St. Cloud Place, 3038 St. Cloud Place, 3046 St. Clair Place, 3047 St. Cloud Place, 3052 St. Croix Place, 3061 St. Croix Place, 3063 St. Cloud Place, 3065 St. Cloud Place, 3069 St. Clair Place, 3073 St. Cloud Place, 3074 St. Cloud Place, 3048 St Cloud Place. Varying condition. 3 Tenant occupied properties (3074 St. Cloud - $600, 3063 St. Cloud Pl- $600, and 3038 St. Cloud Place- $575) Units in need of repairs and in varying conditions. Being sold As-is. Some have new exterior paint and roofs. When renovated, nice investment potential. Call to schedule showing.
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