Cheap homes for sale & real estate in Depot Planning District, TN

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NEW 3 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Depot Planning District, TN:
Great investment opportunity! Each unit offers 3 bedrooms and 2 bathrooms. Some repairs are needed to bring these spacious units to their full potential, making them ideal for any investor portfolio. Inspection day Nov 1, 2025 10-11:30 am This unit can be sold individually or as a package with 1239 Ethel and 1218 Ethel.

$139,999

8 beds4 baths— sq ft

1240 Ethel St, Memphis, TN 38114

Built 2013

NEW 2 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Depot Planning District, TN:
Outstanding opportunity for investors seeking a property that is already cash flowing with a tenant in place. Currently leased at $1,100 per month, this home provides immediate income and stability from day one. The property is, making it well positioned for consistent returns. With professional management available if needed, this is a true turnkey investment that allows for a smooth and hassle-free ownership experience.

$75,000

4 beds2 baths— sq ft

1345 Gold Ave, Memphis, TN 38106

5,227 sq ft lot • Parking • Built 1950

NEW 3 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Depot Planning District, TN:
Great investment opportunity! Each unit offers 3 bedrooms and 2 bathrooms. Some repairs are needed to bring these spacious units to their full potential, making them ideal for any investor portfolio. Inspection day Nov. 1, 2025, 10am-11:30 am. All offers must include proof of funds. This unit can be sold individually or as a package with 1239 Ethel and 1218 Ethel.

$139,999

8 beds4 baths— sq ft

1218 Ethel St, Memphis, TN 38114

Built 2013

NEW 3 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Depot Planning District, TN:
Excellent addition to your portfolio with this rent ready 3 bed, 2 bath with 2 large separate living spaces! Recently renovated. Newer roof, HVAC, andwater heater. Driveway parking in a quiet neighborhood. Close to jobs, restaurants and all amenities. Currently marketing for a tenant with an expected rent of $1,300.Could go high with MHA.

$114,900

3 beds2 baths— sq ft

1560 Cane Rd, Memphis, TN 38106

Hvac • Newer roof • Water heater

NEW 8 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Depot Planning District, TN:
Beautifully renovated turn key duplex in the Heart of the Cooper Young Historic District. New kitchens and bathrooms while still preserving that Midtown charm. Walking distance to Cooper Young's restaurants, bars, and the arts district. Currently operating as an Air BNB. Last years rental income was about $44,500. See attached P & L. One side is a studio with a bath and the other side is a one bedroom one bath with a second studio bedroom. Perfect for short term or long term rental with strong demand. Sold furnished.

$320,000

4 beds3 baths— sq ft

2059 Oliver Ave, Memphis, TN 38104

New kitchens • Renovated duplex • Sold furnished

Property at 2954 Southern Ave #2954, Memphis, TN 38111, 2 beds, 2.5 baths

$239,900

2 beds2.5 baths— sq ft

2954 Southern Ave #2954, Memphis, TN 38111

Property at 1521 Hope St, Memphis, TN 38111, 2 beds, 1 bath

$105,000

2 beds1 bath— sq ft

1521 Hope St, Memphis, TN 38111

Property at 1322 Partee Cv, Memphis, TN 38111, 3 beds, 2.5 baths

$249,000

3 beds2.5 baths— sq ft

1322 Partee Cv, Memphis, TN 38111

Property at 2557 Select Ave, Memphis, TN 38114, 4 beds, 2 baths

$125,000

4 beds2 baths— sq ft

2557 Select Ave, Memphis, TN 38114

Property at 2035 Central Ave, Memphis, TN 38104, 3 beds, 2.5 baths

$399,000

3 beds2.5 baths— sq ft

2035 Central Ave, Memphis, TN 38104

Property at 5 S Alicia Dr, Memphis, TN 38112, 3 beds, 3 baths

$340,000

3 beds3 baths— sq ft

5 S Alicia Dr, Memphis, TN 38112

Property at 1387 Oak Ridge Dr, Memphis, TN 38111, 4 beds, 2 baths

$169,450

4 beds2 baths— sq ft

1387 Oak Ridge Dr, Memphis, TN 38111

Property at 2734 Garden Ln, Memphis, TN 38111, 3 beds, 2 baths

$285,000

3 beds2 baths— sq ft

2734 Garden Ln, Memphis, TN 38111

Property at 1407 Gill St, Memphis, TN 38106, 3 beds, 2 baths

$100,000

3 beds2 baths— sq ft

1407 Gill St, Memphis, TN 38106

Property at 1394 Chadwick Cir, Memphis, TN 38114, 4 beds, 2 baths

$205,000

4 beds2 baths— sq ft

1394 Chadwick Cir, Memphis, TN 38114

Property at 1353 Gill St, Memphis, TN 38106, 3 beds, 2 baths

$100,000

3 beds2 baths— sq ft

1353 Gill St, Memphis, TN 38106

Property at 41 S Fenwick Rd, Memphis, TN 38111, 3 beds, 1 bath

$175,000

3 beds1 bath— sq ft

41 S Fenwick Rd, Memphis, TN 38111

Property at 2136 Sparks St, Memphis, TN 38106, 3 beds, 1 bath

$55,000

3 beds1 bath— sq ft

2136 Sparks St, Memphis, TN 38106

Property at 1925 Evelyn Ave, Memphis, TN 38104, 4 beds, 3 baths

$429,000

4 beds3 baths— sq ft

1925 Evelyn Ave, Memphis, TN 38104

Property at 1248 Sledge Ave, Memphis, TN 38104, 4 beds, 2 baths

$365,000

4 beds2 baths— sq ft

1248 Sledge Ave, Memphis, TN 38104

Property at 1400 Silver Ave, Memphis, TN 38106, 3 beds, 2 baths

$20,000

3 beds2 baths— sq ft

1400 Silver Ave, Memphis, TN 38106

Property at 1435 Silver St, Memphis, TN 38106, 2 beds, 1 bath

$79,000

2 beds1 bath— sq ft

1435 Silver St, Memphis, TN 38106

Property at 830 David St, Memphis, TN 38114, 4 beds, 2 baths

$204,999

4 beds2 baths— sq ft

830 David St, Memphis, TN 38114

Property at 1251 Lamar Ave, Memphis, TN 38104, 3 beds, 1 bath

$107,500

3 beds1 bath1,390 sq ft

1251 Lamar Ave, Memphis, TN 38104

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 1898 E Mclemore Ave, Memphis, TN 38114, 4 beds, 2 baths

$110,000

4 beds2 baths— sq ft

1898 E Mclemore Ave, Memphis, TN 38114

Property at 2654 Kimball Ave, Memphis, TN 38114, 3 beds, 1 bath

$49,000

3 beds1 bath— sq ft

2654 Kimball Ave, Memphis, TN 38114

Property at 1439 Menager Rd, Memphis, TN 38106, 3 beds, 2 baths

$59,000

3 beds2 baths— sq ft

1439 Menager Rd, Memphis, TN 38106

Property at 689 Baltimore St, Memphis, TN 38114, 2 beds, 1 bath

$75,000

2 beds1 bath— sq ft

689 Baltimore St, Memphis, TN 38114

Property at 2667 Barron Ave, Memphis, TN 38114, 4 beds, 2 baths

$119,500

4 beds2 baths— sq ft

2667 Barron Ave, Memphis, TN 38114

Property at 1321 Merrycrest Dr, Memphis, TN 38111, 3 beds, 1.5 baths

$144,900

3 beds1.5 baths— sq ft

1321 Merrycrest Dr, Memphis, TN 38111

Property at 909 S Mclean Blvd, Memphis, TN 38114, 6 beds, 4 baths

$379,000

6 beds4 baths— sq ft

909 S Mclean Blvd, Memphis, TN 38114

Property at 1570 Waverly Ave, Memphis, TN 38106, 3 beds, 2 baths

$125,000

3 beds2 baths— sq ft

1570 Waverly Ave, Memphis, TN 38106

Property at 2736 Dunn Ave, Memphis, TN 38114, 3 beds, 1 bath

$89,000

3 beds1 bath— sq ft

2736 Dunn Ave, Memphis, TN 38114

Property at 1736 Euclid Ave, Memphis, TN 38114, 4 beds, 2 baths

$395,000

4 beds2 baths— sq ft

1736 Euclid Ave, Memphis, TN 38114

Property at 1621 Kendale Ave, Memphis, TN 38106, 3 beds, 1 bath

$72,800

3 beds1 bath— sq ft

1621 Kendale Ave, Memphis, TN 38106

Property at 1314 S Willett St S, Memphis, TN 38106, 3 baths

$75,000

0 beds3 baths— sq ft

1314 S Willett St S, Memphis, TN 38106

Property at 2107 Worthington Cir, Memphis, TN 38114, 4 beds, 3 baths

$130,000

4 beds3 baths— sq ft

2107 Worthington Cir, Memphis, TN 38114

Property at 2344 N Orchid Dr #33, Memphis, TN 38114, 2 beds, 1.5 baths

$103,000

2 beds1.5 baths— sq ft

2344 N Orchid Dr #33, Memphis, TN 38114

Property at 406 S Fenwick Rd, Memphis, TN 38111, 3 beds, 2 baths

$219,900

3 beds2 baths— sq ft

406 S Fenwick Rd, Memphis, TN 38111

Property at 2119 Pendleton St, Memphis, TN 38114, 2 beds, 1 bath

$101,900

2 beds1 bath— sq ft

2119 Pendleton St, Memphis, TN 38114

Property at 2737 Fizer Rd, Memphis, TN 38114, 3 beds, 1 bath

$120,000

3 beds1 bath— sq ft

2737 Fizer Rd, Memphis, TN 38114

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Cheap Homes for Sale in Depot Planning District

There are currently 234 cheap homes for sale in Depot Planning District at a median listing price of $158K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Depot Planning District stay on the market for 76 days and receive 1 offers. Popular neighborhoods include Downtown Memphis, Cooper Young, East Memphis, High Point Terrace, and Midtown. This map is refreshed with the newest listings in Depot Planning District every 15 minutes.

In the past month, 39 homes have been sold in Depot Planning District. In addition to houses in Depot Planning District, there were also 7 condos, 1 townhouse, and 27 multi-family units for sale in Depot Planning District last month. Find your dream home in Depot Planning District 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 Depot Planning District are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Depot Planning District. If you're looking to sell your home in the Depot Planning District area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Depot Planning District 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 Tue Jan 06 2026. 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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