Most Affordable Homes for Sale in Memphis, TN Right Now
Last updated: July 30, 2025
Memphis has a median home sale price of $215K, a 13.1% increase from last year. Homes stay on the market for an average of 61 days and receive an average of 1 offers.
About this home
Back on market, buyer got cold feet. Investment opportunity available. Brick and wood 3 bedroom home. Please do due diligence before submitting offers. Cash offers preferred. No creative or owner financed offers. No wholesale or assignment.
About this home
Great Investment Property - Selling in "AS-IS" Condition.
About this home
Back on the Market! No fault of the seller — buyer financing fell through. Investor Special!
About this home
Property has been burned and view with cautionary measures.
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
Great investment opportunity! This home needs to be demolished per the city due to fire damage. this property has a new sidewalk, driveway, and new sewer line. Owner financing available. owner/agent
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
CALLING ALL INVESTORS!!! CHECK OUT THIS GREAT PROPERTY ON GREENWOOD ST. FULL REHAD NEEDED-PERFECT FOR YOUR NEXT FLIP OR RENTAL PROJECT!
About this home
Rehab opportunity! AS IS Court Ordered Receiver's Sale. Sale price will be determined by high bid at auction August 15, 2025, Noon, at the southwest corner steps of Shelby County Courthouse. Buyer must be approved by court prior to sale as a Qualified Buyer in order to bid. Deadline to apply as a qualified buyer, noon August 13, 2025. List price is for search purposes only. Ten percent deposit due at auction, balance at confirmation hearing, bond or rehab escrow required at closing.
About this home
BACK ON MARKET - Seller recently made several updates to make the property structurally sound again. This property still in need of a full cosmetic rehab and could be a great flip opportunity as well as a profitable rental investment. Walking distance to parks as well as close interstate access. Please do all due diligence and inspections before presenting an offer. Seller recently put on a brand new roof. Call Broker Bay for showing appointments and listing agent with any questions.
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