Cheap homes for sale & real estate in Parkway Village, TN

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NEW 20 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Parkway Village, TN:
2 bed 2 bath Memphis Condo! Needs some updating, but comes with a Brand new Hot Water Heater, new Furnace installed 1 year ago, new Condenser installed in 2022. Strong potential with room to add value. Don't miss this great opportunity!

$48,000

2 beds2 baths— sq ft

2833 Los Gatos Ct #1, Memphis, TN 38115

New furnace • Hot water heater • New condenser

NEW 22 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Parkway Village, TN:
Great turn-key investment property! This 4 bed, 1 bath ranch-style home has been fully rehabbed and is ready to go. Features include a one-car carport, a fully fenced-in large yard, an exterior storage room, and a location on a quiet street.

$104,900

4 beds1 bath— sq ft

3479 Point Pleasant Pl, Memphis, TN 38118

Quiet street • Fully rehabbed • One-car carport

ABOUT THIS HOME
Cheap Home for sale in Parkway Village, TN:
This lovely 4-bedroom, 1.5 -bath ranch-style home greets you with a large front yard and inviting curb appeal. Inside, you'll find a comfortable layout ideal for everyday living. Perfect for first-time buyers or anyone seeking single-story convenience, this home blends comfort, charm, and modern touches.

$139,900

4 beds1.5 baths— sq ft

3860 Castleman St, Memphis, TN 38118

8,276 sq ft lot • Parking • Built 1971

ABOUT THIS HOME
Cheap Home for sale in Parkway Village, TN:
This ranch style home features 3 beds, 2 bath. Boasting great bones and endless potential. Sit on the front porch enjoying the outdoors. Great for an investor or first time homebuyer. Seller will have new condenser installed with acceptable offer and working on getting window replaced.

$129,900

3 beds2 baths— sq ft

4066 Berrywood Ave, Memphis, TN 38118

Front porch • New condenser • Window replaced

VIDEO TOUR

ABOUT THIS HOME
Cheap Home for sale in Parkway Village, TN:
This condo is located in a great location! It's just minutes from the Memphis Airport, Mississippi state line, Whitehaven area expressway and more! This would make a great rental or first time home for a buyer! It has fresh paint, new LVP flooring, new countertops, light fixtures, new refrigerator and dishwasher! Seller has done most of the renovation, but there is still some work to be done. Call listing agent for more info. Call today for a personal tour. (No wholesalers or seller financing offers)

$60,000

2 beds1.5 baths— sq ft

3554 Morning Dew Ct #11, Memphis, TN 38118

Fresh paint • Great location • New refrigerator

Property at 3219 Holly Berry Dr, Memphis, TN 38118, 4 beds, 2 baths

$165,000

4 beds2 baths— sq ft

3219 Holly Berry Dr, Memphis, TN 38118

Property at 5128 Jessie Lee Ln, Memphis, TN 38118, 3 beds, 2 baths

$165,000

3 beds2 baths— sq ft

5128 Jessie Lee Ln, Memphis, TN 38118

Property at 4729 Wild Plum Dr #112, Memphis, TN 38118, 2 beds, 1.5 baths

$65,000

2 beds1.5 baths— sq ft

4729 Wild Plum Dr #112, Memphis, TN 38118

Property at 4731 Wild Plum Dr #112, Memphis, TN 38118, 3 beds, 1.5 baths

$72,000

3 beds1.5 baths— sq ft

4731 Wild Plum Dr #112, Memphis, TN 38118

Property at 5211 Flowering Peach Dr, Memphis, TN 38115, 3 beds, 1.5 baths

$75,000

3 beds1.5 baths— sq ft

5211 Flowering Peach Dr, Memphis, TN 38115

Property at 4650 Blanding Ave, Memphis, TN 38118, 4 beds, 2 baths

$220,000

4 beds2 baths— sq ft

4650 Blanding Ave, Memphis, TN 38118

Property at 3082 Bluffdale St, Memphis, TN 38118, 3 beds, 2 baths

$149,900

3 beds2 baths— sq ft

3082 Bluffdale St, Memphis, TN 38118

Property at 5841 Foxdale Rd, Memphis, TN 38115, 3 beds, 2 baths

$209,000

3 beds2 baths— sq ft

5841 Foxdale Rd, Memphis, TN 38115

Property at 2967 Meadowfair Rd, Memphis, TN 38118, 3 beds, 2 baths

$139,000

3 beds2 baths— sq ft

2967 Meadowfair Rd, Memphis, TN 38118

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 5407 Riverdale Rd, Memphis, TN 38141, 3 beds, 2 baths

$214,900

3 beds2 baths— sq ft

5407 Riverdale Rd, Memphis, TN 38141

Property at 5243 Zodiac Rd, Memphis, TN 38118, 4 beds, 2 baths

$210,000

4 beds2 baths— sq ft

5243 Zodiac Rd, Memphis, TN 38118

Property at 3331 Chancellor St, Memphis, TN 38118, 3 beds, 2 baths

$209,000

3 beds2 baths— sq ft

3331 Chancellor St, Memphis, TN 38118

Property at 4580 Cottonwood Rd, Memphis, TN 38118, 3 beds, 2 baths

$105,000

3 beds2 baths— sq ft

4580 Cottonwood Rd, Memphis, TN 38118

Property at 3472 Castleman St, Memphis, TN 38118, 3 beds, 2 baths

$200,000

3 beds2 baths— sq ft

3472 Castleman St, Memphis, TN 38118

Property at 4511 Sumners Wells Rd, Memphis, TN 38118, 3 beds, 1 bath

$129,900

3 beds1 bath— sq ft

4511 Sumners Wells Rd, Memphis, TN 38118

Property at 5599 Fox Meadows Cv, Memphis, TN 38115, 4 beds, 2 baths

$210,000

4 beds2 baths— sq ft

5599 Fox Meadows Cv, Memphis, TN 38115

Property at 3016 Croley Dr, Memphis, TN 38118, 3 beds, 1.5 baths

$180,000

3 beds1.5 baths— sq ft

3016 Croley Dr, Memphis, TN 38118

Property at 4898 Knight Arnold Rd, Memphis, TN 38118, 3 beds, 2 baths

$134,900

3 beds2 baths— sq ft

4898 Knight Arnold Rd, Memphis, TN 38118

Property at 4528 Sugar Creek Rd, Memphis, TN 38118, 3 beds, 1 bath

$129,900

3 beds1 bath— sq ft

4528 Sugar Creek Rd, Memphis, TN 38118

Property at 4797 Myrlen Dr, Memphis, TN 38118, 3 beds, 2 baths

$65,000

3 beds2 baths1,685 sq ft

4797 Myrlen Dr, Memphis, TN 38118

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 3382 Woodhollow Dr Unit 3382/3384, Memphis, TN 38118, 3 beds, 2 baths

$170,000

3 beds2 baths— sq ft

3382 Woodhollow Dr Unit 3382/3384, Memphis, TN 38118

Property at 3193 Rendezvous Ln, Memphis, TN 38118, 3 beds, 1.5 baths

$149,900

3 beds1.5 baths— sq ft

3193 Rendezvous Ln, Memphis, TN 38118

Property at 3419 Freland Dr, Memphis, TN 38118, 3 beds, 2 baths

$145,000

3 beds2 baths— sq ft

3419 Freland Dr, Memphis, TN 38118

Property at 5273 Flowering Peach Dr #5273, Memphis, TN 38115, 2 beds, 1.5 baths

$46,990

2 beds1.5 baths— sq ft

5273 Flowering Peach Dr #5273, Memphis, TN 38115

Property at 6616 Cross Oak Cv, Memphis, TN 38141, 3 beds, 2 baths

$215,000

3 beds2 baths— sq ft

6616 Cross Oak Cv, Memphis, TN 38141

Property at 5275 Scottsdale Ave #9, Memphis, TN 38118, 3 beds, 2.5 baths

$149,900

3 beds2.5 baths— sq ft

5275 Scottsdale Ave #9, Memphis, TN 38118

Property at 4721 Queens Lace Ct #56, Memphis, TN 38118, 2 beds, 2 baths

$65,000

2 beds2 baths— sq ft

4721 Queens Lace Ct #56, Memphis, TN 38118

Property at 3804 High Bridge Ct #41, Memphis, TN 38118, 2 beds, 1.5 baths

$14,800

2 beds1.5 baths— sq ft

3804 High Bridge Ct #41, Memphis, TN 38118

Property at 4809 Bridgedale Ave, Memphis, TN 38118, 3 beds, 2 baths

$194,900

3 beds2 baths— sq ft

4809 Bridgedale Ave, Memphis, TN 38118

Property at 2747 Merle St, Memphis, TN 38118, 3 beds, 2 baths

$139,500

3 beds2 baths— sq ft

2747 Merle St, Memphis, TN 38118

Property at 5259 Zodiac Rd, Memphis, TN 38118, 4 beds, 2 baths

$210,000

4 beds2 baths— sq ft

5259 Zodiac Rd, Memphis, TN 38118

Property at 5253 Zodiac Rd, Memphis, TN 38118, 4 beds, 2 baths

$210,000

4 beds2 baths— sq ft

5253 Zodiac Rd, Memphis, TN 38118

Property at 5263 Zodiac Rd, Memphis, TN 38118, 4 beds, 2 baths

$210,000

4 beds2 baths— sq ft

5263 Zodiac Rd, Memphis, TN 38118

Property at 5284 Flowering Peach Dr #5284, Memphis, TN 38115, 2 beds, 1.5 baths

$70,000

2 beds1.5 baths— sq ft

5284 Flowering Peach Dr #5284, Memphis, TN 38115

Property at 4003 Comanche Rd, Memphis, TN 38118, 3 beds, 2.5 baths

$125,000

3 beds2.5 baths— sq ft

4003 Comanche Rd, Memphis, TN 38118

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Cheap Homes for Sale in Parkway Village

There are currently 105 cheap homes for sale in Parkway Village at a median listing price of $137K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Parkway Village stay on the market for 72 days and receive 1 offers. Popular neighborhoods include East Memphis, Midtown, South Memphis, Whitehaven, and University of Memphis. This map is refreshed with the newest listings in Parkway Village every 15 minutes.

In the past month, 25 homes have been sold in Parkway Village. In addition to houses in Parkway Village, there were also 34 condos, 4 townhouses, and 4 multi-family units for sale in Parkway Village last month. Find your dream home in Parkway Village 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 Parkway Village are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Parkway Village. If you're looking to sell your home in the Parkway Village area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Parkway Village 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 Sat Dec 06 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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