Cheap homes for sale & real estate in Jackson-University Area, TN

198 homes

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ABOUT THIS HOME
Cheap Home for sale in Jackson-University Area, TN:
Exciting opportunity for an affordable 3 bedroom 1 bath home in East Memphis. Spaciousness and convenience, all in one package. You will especially love the private den and huge back yard. This home has been lovingly owned by the same family for 37 years. Just needs a few cosmetic updates to be perfect for new owners.

$175,000

3 beds1 bath— sq ft

1263 S Perkins Rd, Memphis, TN 38117

Private den • Huge back yard • 9,147 sq ft lot

ABOUT THIS HOME
Cheap Home for sale in Jackson-University Area, TN:
Charming 2-bedroom, 1-bath home located at 3515 Vanuys Rd, just minutes from the University of Memphis, local restaurants, and shopping. This property features hardwood floors, updated finishes, a detached garage, and a spacious backyard deck for outdoor enjoyment. Approved for the City of Memphis Down Payment Assistance Program, eligible buyers may receive up to $25,000 toward down payment and closing costs.

$145,000

2 beds1 bath— sq ft

3515 Vanuys Rd, Memphis, TN 38111

Local restaurants • Shopping • Hardwood floors

COMING SOON

ABOUT THIS HOME
Cheap Home for sale in Jackson-University Area, TN:
New Construction – now underway! 4 bed, 2 bath, 1,463 heated sq ft. Estimated completion November 1, 2025. Showings allowed during construction. Buyers who go under contract early may have the opportunity to select finishes like paint, flooring, and lighting. Contact listing agent for floor plans, renderings, and weekly progress updates.

$220,000

4 beds2 baths— sq ft

3423 Carrington Dr, Memphis, TN 38111

8,276 sq ft lot • Built 2025 • Listed 58 days

3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in Jackson-University Area, TN:
Step into this beautifully updated 2-bedroom, 2-bathroom apartment at The Edinborough, a controlled-access community with the peace of mind of 24-hour on-site security guards. This home features all new floors, light fixtures, and stainless steel appliances—including a refrigerator—making it completely move-in ready. Enjoy nice views right from your window, adding a touch of charm to your everyday living. The Edinborough offers an impressive list of amenities, including a pool, fitness center, library, gated parking, and more. With easy access to Buster’s, Highland Row, and The University of Memphis, the location can’t be beat. Whether you’re a first-time buyer

$169,000

2 beds2 baths— sq ft

232 S Highland St #409, Memphis, TN 38111

New floors • Light fixtures • Gated parking

ABOUT THIS HOME
Cheap Home for sale in Jackson-University Area, TN:
Large 2 bedroom/ 1 bath with attached 1 car carport, in the Binghampton area. Available to move-in immediately. Separate living room, dining room, and family room. Fireplaces in living room and family room, hardwood floors throughout. Office/work area off the kitchen. It needs some updating but is priced accordingly. Large lot and good curb appeal at an affordable price. EM $2,000 and proof of funds required with all offers.

$123,000

2 beds1 bath— sq ft

2370 Faxon Ave, Memphis, TN 38112

Fireplaces • Attached carport • Separate dining room

Property at 2849 Harvard Ave, Memphis, TN 38112, 2 beds, 2 baths

$38,700

2 beds2 baths— sq ft

2849 Harvard Ave, Memphis, TN 38112

Property at 580 S Greer St, Memphis, TN 38111, 3 beds, 2 baths

$240,000

3 beds2 baths— sq ft

580 S Greer St, Memphis, TN 38111

Property at 4614 Perkins Cv, Memphis, TN 38117, 3 beds, 2.5 baths

$285,000

3 beds2.5 baths— sq ft

4614 Perkins Cv, Memphis, TN 38117

Property at 178 Hayden Pl, Memphis, TN 38111, 4 beds, 2 baths

$137,500

4 beds2 baths— sq ft

178 Hayden Pl, Memphis, TN 38111

Property at 159 Hayden Pl, Memphis, TN 38111, 4 beds, 2 baths

$129,900

4 beds2 baths— sq ft

159 Hayden Pl, Memphis, TN 38111

Property at 3107 Yale Ave, Memphis, TN 38112, 4 beds, 2 baths

$168,900

4 beds2 baths— sq ft

3107 Yale Ave, Memphis, TN 38112

Property at 83 W Lafayette Cir, Memphis, TN 38111, 3 beds, 2 baths

$275,000

3 beds2 baths— sq ft

83 W Lafayette Cir, Memphis, TN 38111

Property at 4400 Poplar Ave #25, Memphis, TN 38117, 2 beds, 2 baths

$195,000

2 beds2 baths— sq ft

4400 Poplar Ave #25, Memphis, TN 38117

Property at 453 S Perkins Rd S Unit 453-1, Memphis, TN 38117, 3 beds, 3 baths

$220,000

3 beds3 baths— sq ft

453 S Perkins Rd S Unit 453-1, Memphis, TN 38117

Property at 796 S Graham St, Memphis, TN 38111, 3 beds, 1 bath

$149,900

3 beds1 bath— sq ft

796 S Graham St, Memphis, TN 38111

Property at 215 S Reese St, Memphis, TN 38111, 3 beds, 2 baths

$349,900

3 beds2 baths— sq ft

215 S Reese St, Memphis, TN 38111

Property at 3176 Yale Ave, Memphis, TN 38112, 4 beds, 2 baths

$178,900

4 beds2 baths— sq ft

3176 Yale Ave, Memphis, TN 38112

Property at 185 N Bingham St, Memphis, TN 38112, 2 beds, 1 bath

$129,000

2 beds1 bath— sq ft

185 N Bingham St, Memphis, TN 38112

Property at 2458 Harvard Ave, Memphis, TN 38112, 3 beds, 1 bath

$240,000

3 beds1 bath— sq ft

2458 Harvard Ave, Memphis, TN 38112

Property at 397 S Prescott St S, Memphis, TN 38111, 3 beds, 1 bath

$299,850

3 beds1 bath— sq ft

397 S Prescott St S, Memphis, TN 38111

Property at 839 S Graham St, Memphis, TN 38111, 2 beds, 1 bath

$155,000

2 beds1 bath— sq ft

839 S Graham St, Memphis, TN 38111

Property at 803 Shotwell St, Memphis, TN 38111, 2 beds, 2 baths

$175,000

2 beds2 baths— sq ft

803 Shotwell St, Memphis, TN 38111

Property at 232 S South Highland Ave #806, Memphis, TN 38111, 1 bed, 1 bath

$90,000

1 bed1 bath— sq ft

232 S South Highland Ave #806, Memphis, TN 38111

Property at 4286 Poplar Ave, Memphis, TN 38117, 3 beds, 2.5 baths

$394,900

3 beds2.5 baths— sq ft

4286 Poplar Ave, Memphis, TN 38117

Property at 3330 Midland Dr, Memphis, TN 38111, 3 beds, 2 baths

$335,000

3 beds2 baths— sq ft

3330 Midland Dr, Memphis, TN 38111

Property at 87 N Highland St, Memphis, TN 38111, 3 beds, 2.5 baths

$399,900

3 beds2.5 baths— sq ft

87 N Highland St, Memphis, TN 38111

Property at 455 S Perkins Rd #3, Memphis, TN 38117, 2 beds, 2 baths

$222,000

2 beds2 baths— sq ft

455 S Perkins Rd #3, Memphis, TN 38117

Property at 4506 Verne Rd, Memphis, TN 38117, 4 beds, 2 baths

$315,000

4 beds2 baths— sq ft

4506 Verne Rd, Memphis, TN 38117

Property at 3520 Central Ave #303, Memphis, TN 38111, 1 bed, 1.5 baths

$215,000

1 bed1.5 baths— sq ft

3520 Central Ave #303, Memphis, TN 38111

Property at 3672 Maid Marian Ln, Memphis, TN 38111, 2 beds, 2 baths

$119,900

2 beds2 baths— sq ft

3672 Maid Marian Ln, Memphis, TN 38111

Property at 247 S Greer St, Memphis, TN 38111, 4 beds, 2.5 baths

$450,000

4 beds2.5 baths— sq ft

247 S Greer St, Memphis, TN 38111

Property at 781 S Graham St, Memphis, TN 38111, 5 beds, 2 baths

$268,000

5 beds2 baths— sq ft

781 S Graham St, Memphis, TN 38111

Property at 200 Alexander St, Memphis, TN 38111, 3 beds, 2 baths

$359,900

3 beds2 baths— sq ft

200 Alexander St, Memphis, TN 38111

Property at 405 S Perkins Rd #430, Memphis, TN 38117, 2 beds, 2 baths

$324,900

2 beds2 baths— sq ft

405 S Perkins Rd #430, Memphis, TN 38117

Property at 3025 Waynoka Ave, Memphis, TN 38111, 4 beds, 2 baths

$269,900

4 beds2 baths— sq ft

3025 Waynoka Ave, Memphis, TN 38111

Property at 3520 Central Ave #103, Memphis, TN 38111, 1 bed, 1.5 baths

$225,000

1 bed1.5 baths— sq ft

3520 Central Ave #103, Memphis, TN 38111

Property at 232 S Highland St #109, Memphis, TN 38111, 1 bed, 1 bath

$68,500

1 bed1 bath— sq ft

232 S Highland St #109, Memphis, TN 38111

Property at 1086 Perkins Ter, Memphis, TN 38117, 3 beds, 2 baths

$274,900

3 beds2 baths— sq ft

1086 Perkins Ter, Memphis, TN 38117

Property at 1009 Mcevers Rd, Memphis, TN 38111, 3 beds, 1.5 baths

$184,900

3 beds1.5 baths— sq ft

1009 Mcevers Rd, Memphis, TN 38111

Property at 3080 Walnut Grove Rd #305, Memphis, TN 38111, 1 bed, 1 bath

$99,500

1 bed1 bath— sq ft

3080 Walnut Grove Rd #305, Memphis, TN 38111

Property at 427 S Perkins Dr Unit 427-2, Memphis, TN 38117, 3 beds, 2.5 baths

$190,900

3 beds2.5 baths— sq ft

427 S Perkins Dr Unit 427-2, Memphis, TN 38117

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Cheap Homes for Sale in Jackson-University Area

There are currently 198 cheap homes for sale in Jackson-University Area at a median listing price of $212K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Jackson-University Area stay on the market for 70 days and receive 1 offers. Popular neighborhoods include Downtown Memphis, East Memphis, High Point Terrace, Midtown, and Cordova. This map is refreshed with the newest listings in Jackson-University Area every 15 minutes.

In the past month, 38 homes have been sold in Jackson-University Area. In addition to houses in Jackson-University Area, there were also 36 condos, 2 townhouses, and 27 multi-family units for sale in Jackson-University Area last month. Find your dream home in Jackson-University Area 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 Jackson-University Area are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Jackson-University Area. If you're looking to sell your home in the Jackson-University Area area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Jackson-University Area 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 Thu Nov 27 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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