Cheap homes for sale & real estate in Downtown Memphis, TN

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ABOUT THIS HOME
Cheap Home for sale in Downtown Memphis, TN:
Welcome to this beautiful home in The South Bluffs, one of Downtown Memphis’ premier gated communities just steps from the Mississippi River. This home combines style, comfort, and convenience, featuring hardwood floors throughout the main level, spacious living areas, and a perfect indoor-outdoor flow ideal for entertaining. A large private side porch opens to a cozy patio between the home and the detached two-car garage, connected by a covered walkway. Upstairs, both bedrooms offer private balconies and en-suite baths, while the primary suite showcases a stunning spa-like renovated bathroom with a double vanity and luxury finishes. Enjoy resort-style amenities including a pool, tenn

$399,900

2 beds2.5 baths— sq ft

533 Rienzi Dr, Memphis, TN 38103

Private balconies • Private side porch • Covered walkway

ABOUT THIS HOME
Cheap Home for sale in Downtown Memphis, TN:
Spacious 3rd Floor condo overlooking Court Square Park and Main Street. Updated counters and stainless appliances in Kitchen. Both Bathrooms have a Bidet. This condo has tons of natural light, great views, New HVAC in 2021 and a Custom Closet in Primary Bedroom. The rooftop deck has 2 levels, very spacious. views in all directions, great M Bridge Views and Sunsets are spectacular! Great location walkable to all Downtown has to Offer. Parking can be rented in one of multiple garages within a block of the building! Dont miss the great value for the spacious Condo!

$229,900

2 beds2 baths— sq ft

10 N Main St #301, Memphis, TN 38103

3rd floor condo • Rooftop deck • Bidet in bathrooms

NEW 1 DAY AGOVIDEO TOUR

ABOUT THIS HOME
Cheap Home for sale in Downtown Memphis, TN:
Fabulous condo in the sought after Lofts building, originally built in 1909. Enormous windows fill the space with natural light, enhanced by electric shades. The open living area offers flexible layout options perfect for entertaining or carving out a home office. Enjoy a well appointed kitchen with bar seating or a dining area ideal for casual snacks or elegant holiday spreads. The large walk-in closet features upgraded shelving, and the pretty bath is thoughtfully designed. A separate laundry closet includes a washer, dryer, and ample storage. Located in the historic South Main Arts District, you’re a stones throw from shopping, restaurants, and South Point Grocery, with quick acces

$300,000

1 bed1 bath— sq ft

505 Tennessee St #213, Memphis, TN 38103

Full gym • Enormous windows • Stunning rooftop

ABOUT THIS HOME
Cheap Home for sale in Downtown Memphis, TN:
2BR/2BA condo near the river with partial river views! Features include hardwood floors in the main living area, tile in baths, and new upgraded spill-proof carpet installed by Home Depot (2024). Kitchen offers granite counters and a gas range, and HOA includes gas. Washer, dryer & refrigerator remain. Unit includes a rare storage unit, plus 1 covered garage space (#10) and 1 secured parking space (#101). Building amenities: rooftop with Downtown views, grills, and gym. Move-in ready and minutes from Memphis riverfront attractions!

$269,900

2 beds2 baths— sq ft

648 Riverside Dr #407, Memphis, TN 38103

2 parking spots • Built 1932 • Listed 3 days

ABOUT THIS HOME
Cheap Home for sale in Downtown Memphis, TN:
Step into timeless charm with this stunning 1BR/1BA condo in the heart of Downtown on historic Cotton Row. Featuring soaring 12-foot ceilings and original hardwood floors, this residence blends timeless character with modern convenience. All on one level, the open layout offers both comfort and style, perfect for entertaining or relaxing. Location is unbeatable—just one block from Main Street and four blocks from the vibrant Beale Street Entertainment District, you’ll have dining, shopping, and nightlife at your doorstep. Whether you’re seeking a chic urban retreat or a prime investment opportunity, this condo delivers the best of city living with unmatched walkability and

$125,000

1 bed1 bath— sq ft

107 S Front St #41, Memphis, TN 38103

Open layout • 12 foot ceilings • Built 1910

Property at 109 N Main St Unit C-6, Memphis, TN 38103, 7 beds, 2 baths

$150,000

7 beds2 baths— sq ft

109 N Main St Unit C-6, Memphis, TN 38103

Property at 621 Denmark Dr #202, Memphis, TN 38103, 2 beds, 2.5 baths

$189,999

2 beds2.5 baths— sq ft

621 Denmark Dr #202, Memphis, TN 38103

Property at 415 S Front St #112, Memphis, TN 38103, 1 bed, 1.5 baths

$278,000

1 bed1.5 baths— sq ft

415 S Front St #112, Memphis, TN 38103

Property at 1033 Forrest Ave, Memphis, TN 38105, 3 beds, 1 bath

$134,900

3 beds1 bath— sq ft

1033 Forrest Ave, Memphis, TN 38105

Property at 604 Madewood Dr, Memphis, TN 38103, 3 beds, 2.5 baths

$416,500

3 beds2.5 baths— sq ft

604 Madewood Dr, Memphis, TN 38103

Property at 655 Riverside Dr Unit 708A, Memphis, TN 38103, 1 bed, 1 bath

$212,000

1 bed1 bath— sq ft

655 Riverside Dr Unit 708A, Memphis, TN 38103

Property at 655 S Riverside Dr #202, Memphis, TN 38103, 2 beds, 2 baths

$325,000

2 beds2 baths— sq ft

655 S Riverside Dr #202, Memphis, TN 38103

Property at 89 W Carolina Ave W, Memphis, TN 38103, 2 beds, 2.5 baths

$349,999

2 beds2.5 baths— sq ft

89 W Carolina Ave W, Memphis, TN 38103

Property at 308 N Manassas St, Memphis, TN 38105, 2 beds, 2 baths

$59,900

2 beds2 baths— sq ft

308 N Manassas St, Memphis, TN 38105

Property at 50 Gayoso Ave #306, Memphis, TN 38103, 1 bed, 2 baths

$224,900

1 bed2 baths— sq ft

50 Gayoso Ave #306, Memphis, TN 38103

Property at 435 S Front St #303, Memphis, TN 38103, 2 beds, 2 baths

$395,900

2 beds2 baths— sq ft

435 S Front St #303, Memphis, TN 38103

Property at 66 Monroe Ave #1007, Memphis, TN 38103, 1 bed, 1.5 baths

$174,900

1 bed1.5 baths— sq ft

66 Monroe Ave #1007, Memphis, TN 38103

Property at 66 Monroe Ave #504, Memphis, TN 38103, 1 bed, 1 bath

$185,000

1 bed1 bath— sq ft

66 Monroe Ave #504, Memphis, TN 38103

Property at 665 Tennessee St #301, Memphis, TN 38103, 2 beds, 2 baths

$285,000

2 beds2 baths— sq ft

665 Tennessee St #301, Memphis, TN 38103

Property at 57 W Georgia Ave, Memphis, TN 38103, 2 beds, 2.5 baths

$280,000

2 beds2.5 baths1,407 sq ft

57 W Georgia Ave, Memphis, TN 38103

Property at 600 Tennessee St #108, Memphis, TN 38103, 3 beds, 3.5 baths

$280,000

3 beds3.5 baths— sq ft

600 Tennessee St #108, Memphis, TN 38103

Property at 721 Litty Ct #201, Memphis, TN 38103, 1 bed, 1.5 baths

$250,000

1 bed1.5 baths— sq ft

721 Litty Ct #201, Memphis, TN 38103

Property at 49 Vance Ave #49, Memphis, TN 38103, 2 beds, 2.5 baths

$420,000

2 beds2.5 baths— sq ft

49 Vance Ave #49, Memphis, TN 38103

Property at 107 S Court Ave #303, Memphis, TN 38103, 2 beds, 2 baths

$245,000

2 beds2 baths— sq ft

107 S Court Ave #303, Memphis, TN 38103

Property at 107 S Front St #36, Memphis, TN 38103, 2 beds, 1 bath

$275,000

2 beds1 bath— sq ft

107 S Front St #36, Memphis, TN 38103

Property at 648 S Riverside Dr #411, Memphis, TN 38103, 1 bed, 1 bath

$219,900

1 bed1 bath— sq ft

648 S Riverside Dr #411, Memphis, TN 38103

Property at 485 S Front St #201, Memphis, TN 38103, 1 bed, 1.5 baths

$189,000

1 bed1.5 baths— sq ft

485 S Front St #201, Memphis, TN 38103

Property at 945 Faxon Ave, Memphis, TN 38105, 3 beds, 1.5 baths

$289,000

3 beds1.5 baths— sq ft

945 Faxon Ave, Memphis, TN 38105

Property at 655 Riverside Dr Unit 205A, Memphis, TN 38103, 1 bed, 1 bath

$169,900

1 bed1 bath— sq ft

655 Riverside Dr Unit 205A, Memphis, TN 38103

Property at 380 N Island Dr #314, Memphis, TN 38103, 2 beds, 2.5 baths

$350,000

2 beds2.5 baths— sq ft

380 N Island Dr #314, Memphis, TN 38103

Property at 665 Tennessee St #411, Memphis, TN 38103, 2 beds, 2 baths

$248,500

2 beds2 baths— sq ft

665 Tennessee St #411, Memphis, TN 38103

Property at 717 Riverside Dr #207, Memphis, TN 38103, 1 bed, 2 baths

$385,000

1 bed2 baths— sq ft

717 Riverside Dr #207, Memphis, TN 38103

Property at 110 Vance Ave, Memphis, TN 38103, 2 beds, 2.5 baths

$400,000

2 beds2.5 baths— sq ft

110 Vance Ave, Memphis, TN 38103

Property at 720 Litty Ct #104, Memphis, TN 38103, 2 beds, 2 baths

$235,000

2 beds2 baths— sq ft

720 Litty Ct #104, Memphis, TN 38103

Property at 66 Monroe Ave #304, Memphis, TN 38103, 2 beds, 1 bath

$179,000

2 beds1 bath— sq ft

66 Monroe Ave #304, Memphis, TN 38103

Property at 930 Faxon Ave, Memphis, TN 38105, 3 beds, 2 baths

$90,000

3 beds2 baths1,754 sq ft

930 Faxon Ave, Memphis, TN 38105

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 1023 Forrest Ave, Memphis, TN 38105, 4 beds, 2 baths

$350,000

4 beds2 baths— sq ft

1023 Forrest Ave, Memphis, TN 38105

Property at 75 Shoemaker Ct #102, Memphis, TN 38103, 2 beds, 3 baths

$259,900

2 beds3 baths— sq ft

75 Shoemaker Ct #102, Memphis, TN 38103

Property at 648 Riverside Dr #309, Memphis, TN 38103, 1 bed, 1 bath

$200,000

1 bed1 bath— sq ft

648 Riverside Dr #309, Memphis, TN 38103

Property at 465 S Main St #303, Memphis, TN 38103, 2 beds, 2 baths

$349,000

2 beds2 baths— sq ft

465 S Main St #303, Memphis, TN 38103

Property at 505 Tennessee St #407, Memphis, TN 38103, 1 bath

$200,000

0 beds1 bath— sq ft

505 Tennessee St #407, Memphis, TN 38103

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Cheap Homes for Sale in Downtown Memphis

There are currently 127 cheap homes for sale in Downtown Memphis at a median listing price of $285K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Downtown Memphis stay on the market for 128 days. Popular neighborhoods include Cooper Young, Harbor Town, Midtown, Mud Island, and Central Gardens. This map is refreshed with the newest listings in Downtown Memphis every 15 minutes.

In the past month, 17 homes have been sold in Downtown Memphis. In addition to houses in Downtown Memphis, there were also 114 condos, 4 townhouses, and 2 multi-family units for sale in Downtown Memphis last month. Find your dream home in Downtown Memphis 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 Downtown Memphis are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Downtown Memphis. If you're looking to sell your home in the Downtown Memphis area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Downtown Memphis 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 Fri Nov 28 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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