Cheap homes for sale & real estate in Shelby County, TN

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ABOUT THIS HOME
Cheap Home for sale in Shelby County, TN:
Take a look at this investment opportunity. Tenant occupied. Please don't disturb the tenant. Offer subject to inspection. Current rent is $975.00 lease ends in February 2026. Investors look at your opportunity to add to your invest portfolio or become a new investor. This could be a possible owner occupied property with tenant lease ending February. Great 3 bedrooms 2 full bathrooms and one half bathroom. Kitchen , living room, with dining area. Refrigerator, stove/oven, washer & dryer don't stay with the property. Owner did some renovations 3 to 4 years ago- new carpet, lament wood flooring, painting, open pass through window in Kitchen, update bathroom vanities. Call with any quest

$105,000

3 beds2.5 baths— sq ft

1845 Quail Valley Dr #1845, Memphis, TN 38134

New carpet • Renovations • $185 HOA

ABOUT THIS HOME
Cheap Home for sale in Shelby County, TN:
Move-In Ready 4 Bedroom, 2 Bath Home Near Nike & Amazon! This solid all-brick home is built for low-maintenance living, featuring LVP flooring throughout and central HVAC for year-round comfort. The layout gives you plenty of room to spread out, and the fenced, oversized backyard is ready for pets, play, or weekend gatherings. Clean, simple, and easy to make your own—just move in and start decorating. Perfect for homeowners or investors looking for a no-nonsense property in a convenient location.

$179,000

4 beds2 baths— sq ft

3480 Tallyho Rd, Memphis, TN 38128

Move-in ready • Central hvac • Lvp flooring

3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in Shelby County, TN:
Investment opportunity. Close to Nike and Amazon. New updates include electrical, and systems, new flooring, new roof. Two-Car garage. Large storage area. Storage shed in the back. Two larger bedrooms upstairs and two bedrooms downstairs. Call listing agent for more information.

$135,000

4 beds2 baths— sq ft

3131 Peggy Rd, Memphis, TN 38128

Large storage area • New flooring • Storage shed

NEW CONSTRUCTION

ABOUT THIS HOME
Cheap Home for sale in Shelby County, TN:
New construction in the Raleigh–Frayser area. This full brick home is well built and includes several thoughtful upgrades. The property features energy-efficient insulation, luxury vinyl plank flooring downstairs, and quartz countertops, with oil rubbed bronzed colored faucets in both the kitchen and bathrooms. The kitchen also offers wood cabinets with soft-close doors and drawers, stainless steel appliances, and wood shelving instead of wire shelving. The living room includes a gas fireplace, and each room has ceiling fans along with LED recessed lighting for a bright, comfortable feel. Out back, a covered porch provides a nice place to relax or grill. This home offers solid constru

$265,000

4 beds2.5 baths— sq ft

4394 Oaks Royal Dr, Memphis, TN 38128

Quartz countertops • Soft close doors • 6,534 sq ft lot

NEW CONSTRUCTION

ABOUT THIS HOME
Cheap Home for sale in Shelby County, TN:
First-time homebuyer alert! This newly constructed home is available exclusively to low to moderate-income first-time homebuyers. No investors. 4-bedroom, 2-bath home with a 1-year builder warranty located in a quiet neighborhood in the Oakhaven area. Features 9-foot ceilings, wood laminate flooring throughout, and a storage room in the carport. The range/oven, dishwasher, and microwave will be installed before closing. One-year builder warranty. Downpayment assistance is available. Home is near the park, which is great for leisure walks and family outings. Just 10 minutes away from the Southaven area for great shopping and eating.

$200,000

4 beds2 baths— sq ft

5243 Zodiac Rd, Memphis, TN 38118

Storage room • Quiet neighborhood • Near the park

Property at 887 Dalemore Ln, Cordova, TN 38018, 3 beds, 2 baths

$255,000

3 beds2 baths— sq ft

887 Dalemore Ln, Cordova, TN 38018

Property at 1889 Allenby Rd, Germantown, TN 38139, 2 beds, 2 baths

$399,000

2 beds2 baths— sq ft

1889 Allenby Rd, Germantown, TN 38139

Property at 2171 Court St, Memphis, TN 38104, 2 beds, 2 baths

$250,000

2 beds2 baths— sq ft

2171 Court St, Memphis, TN 38104

Property at 7700 Old Brownsville Rd, Bartlett, TN 38002, 4 beds, 3.5 baths

$400,000

4 beds3.5 baths— sq ft

7700 Old Brownsville Rd, Bartlett, TN 38002

Property at 4386 Oaks Royal Dr, Memphis, TN 38128, 4 beds, 2.5 baths

$265,000

4 beds2.5 baths— sq ft

4386 Oaks Royal Dr, Memphis, TN 38128

Property at 5249 Zodiac Rd, Memphis, TN 38118, 4 beds, 2 baths

$200,000

4 beds2 baths— sq ft

5249 Zodiac Rd, Memphis, TN 38118

Property at 2367 Kingsley Ave, Memphis, TN 38127, 3 beds, 1.5 baths

$95,000

3 beds1.5 baths— sq ft

2367 Kingsley Ave, Memphis, TN 38127

Property at 3780 Mallory Rd, Memphis, TN 38111, 2 beds, 1 bath

$99,900

2 beds1 bath— sq ft

3780 Mallory Rd, Memphis, TN 38111

Property at 6038 Armistead St, Arlington, TN 38002, 4 beds, 2 baths

$378,900

4 beds2 baths— sq ft

6038 Armistead St, Arlington, TN 38002

Property at 4843 Verne Rd, Memphis, TN 38117, 3 beds, 1 bath

$295,000

3 beds1 bath— sq ft

4843 Verne Rd, Memphis, TN 38117

Property at 5803 Port Haven Rd, Millington, TN 38053, 4 beds, 2.5 baths

$239,900

4 beds2.5 baths— sq ft

5803 Port Haven Rd, Millington, TN 38053

Property at 7211 Butterfly Dr, Memphis, TN 38133, 3 beds, 2 baths

$229,000

3 beds2 baths— sq ft

7211 Butterfly Dr, Memphis, TN 38133

Property at 505 Tennessee St #213, Memphis, TN 38103, 1 bed, 1 bath

$300,000

1 bed1 bath— sq ft

505 Tennessee St #213, Memphis, TN 38103

Property at 5147 Hornsby Dr, Memphis, TN 38116, 4 beds, 2 baths

$135,000

4 beds2 baths— sq ft

5147 Hornsby Dr, Memphis, TN 38116

Property at 775 Alma St, Memphis, TN 38107, 4 beds, 2 baths

$70,000

4 beds2 baths— sq ft

775 Alma St, Memphis, TN 38107

Property at 773 Alma St, Memphis, TN 38107, 1 bed, 1 bath

$12,000

1 bed1 bath— sq ft

773 Alma St, Memphis, TN 38107

Property at 1212 Capital Ave, Memphis, TN 38107, 3 beds, 1 bath

$41,000

3 beds1 bath— sq ft

1212 Capital Ave, Memphis, TN 38107

Property at 9761 Misty Bay Cv, Arlington, TN 38002, 3 beds, 2 baths

$199,900

3 beds2 baths— sq ft

9761 Misty Bay Cv, Arlington, TN 38002

Property at 8174 Old Brownsville Rd, Arlington, TN 38002, 4 beds, 2 baths

$350,000

4 beds2 baths— sq ft

8174 Old Brownsville Rd, Arlington, TN 38002

Property at 7953 Woodford Ln, Germantown, TN 38138, 4 beds, 2 baths

$290,000

4 beds2 baths— sq ft

7953 Woodford Ln, Germantown, TN 38138

Property at 176 Plainview St, Memphis, TN 38111, 2 beds, 2 baths

$259,000

2 beds2 baths— sq ft

176 Plainview St, Memphis, TN 38111

Property at 842 Carson St, Memphis, TN 38111, 3 beds, 1 bath

$10,000

3 beds1 bath— sq ft

842 Carson St, Memphis, TN 38111

Property at 2534 Elmore Park Rd, Bartlett, TN 38134, 4 beds, 3 baths

$340,000

4 beds3 baths— sq ft

2534 Elmore Park Rd, Bartlett, TN 38134

Property at 141 N Auburndale St N #141, Memphis, TN 38104, 2 beds, 1.5 baths

$90,000

2 beds1.5 baths— sq ft

141 N Auburndale St N #141, Memphis, TN 38104

Property at 1723 Brookside Dr, Germantown, TN 38138, 4 beds, 2.5 baths

$419,000

4 beds2.5 baths— sq ft

1723 Brookside Dr, Germantown, TN 38138

Property at 3761 Station Way #3761, Memphis, TN 38115, 2 beds, 1.5 baths

$35,000

2 beds1.5 baths— sq ft

3761 Station Way #3761, Memphis, TN 38115

Property at 3836 Birchleaf Rd, Memphis, TN 38116, 4 beds, 3 baths

$269,000

4 beds3 baths— sq ft

3836 Birchleaf Rd, Memphis, TN 38116

Property at 23 Fields Ave, Memphis, TN 38109, 3 beds, 1 bath

$9,900

3 beds1 bath— sq ft

23 Fields Ave, Memphis, TN 38109

Property at 1220 S White Station Rd, Memphis, TN 38117, 4 beds, 2 baths

$190,000

4 beds2 baths— sq ft

1220 S White Station Rd, Memphis, TN 38117

Property at 3536 Christine Rd, Memphis, TN 38118, 4 beds, 3 baths

$155,000

4 beds3 baths— sq ft

3536 Christine Rd, Memphis, TN 38118

Property at 1554 Hopewell St, Memphis, TN 38117, 3 beds, 1 bath

$169,900

3 beds1 bath— sq ft

1554 Hopewell St, Memphis, TN 38117

Property at 7526 Willey Cv, Germantown, TN 38138, 5 beds, 3.5 baths

$435,000

5 beds3.5 baths— sq ft

7526 Willey Cv, Germantown, TN 38138

Property at 5700 Chapman Ave, Memphis, TN 38119, 3 beds, 2 baths

$275,000

3 beds2 baths— sq ft

5700 Chapman Ave, Memphis, TN 38119

Property at 3100 Cowden Ave, Memphis, TN 38111, 3 beds, 1 bath

$250,000

3 beds1 bath— sq ft

3100 Cowden Ave, Memphis, TN 38111

Property at 4506 Faronia Rd, Memphis, TN 38116, 3 beds, 2 baths

$194,900

3 beds2 baths— sq ft

4506 Faronia Rd, Memphis, TN 38116

Property at 281 N Willett St, Memphis, TN 38112, 4 beds, 2.5 baths

$249,000

4 beds2.5 baths— sq ft

281 N Willett St, Memphis, TN 38112

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Cheap Homes for Sale in Shelby County

There are currently 3145 cheap homes for sale in Shelby County at a median listing price of $265K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Shelby County stay on the market for 77 days and receive 2 offers. This map is refreshed with the newest listings in Shelby County every 15 minutes.

In the past month, 833 homes have been sold in Shelby County. In addition to houses in Shelby County, there were also 393 condos, 89 townhouses, and 106 multi-family units for sale in Shelby County last month. Find your dream home in Shelby County 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 Shelby County are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Shelby County. If you're looking to sell your home in the Shelby County area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Shelby County 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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