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:
Hurry! Large classic New Orleans style home. .. in move in condition! 5 bedrooms and 1.5 baths with a remodeled kitchen and baths. Central air and furnace! New carpet! New kitchen counter top! New water heater! Great family home or income producing property. SPECIAL FINANCING available--up to $25,000 (see attachment for details). MOTIVATED SELLER!! No Seller financing offers; no blind offers.

$127,000

5 beds1.5 baths— sq ft

578 N Hollywood St, Memphis, TN 38112

Remodeled kitchen • Remodeled baths • 5,662 sq ft lot

ABOUT THIS HOME
Cheap Home for sale in Jackson-University Area, TN:
Professionally managed, tenant occupied property with many recent updates. Currently rented for $895/mo. Lease, ledger, and repair history available upon request. This could be a great long term rental and an excellent addition to your investment portfolio. Seller have spent over $15K in repairs/upgrades in the last 3 years on the property. No showings without an accepted offer. Sellers are only interested in cash or conventional offers from a bank. No creative financing, no owner financing or subject to offers please. No wholesalers or assignments.

$85,000

2 beds1 bath— sq ft

3482 Hadley Rd, Memphis, TN 38111

8,276 sq ft lot • Built 1920 • Listed 196 days

ABOUT THIS HOME
Cheap Home for sale in Jackson-University Area, TN:
Welcome to this beautifully updated single-family ranch-style home, offering comfort, charm, and modern touches throughout. This inviting residence features spacious kitchen w/ attractive countertops, modern cabinetry, and lovely LVP flooring. Sizeable bedrooms w/ ceiling fans offer plenty of room and additional storage space. Primary bedroom features private bath. Step outside to a generously sized & fully fenced backyard, complete with a covered patio—ideal for outdoor gatherings! Nearby a plethora of amenities, including the University of Memphis and the Memphis Zoo. Currently tenant-occupied, this property is a great opportunity for both investors and future homeowners.

$149,999

3 beds2 baths— sq ft

3157 Johnson Ave, Memphis, TN 38112

Modern cabinetry • Lovely lvp flooring • Private bath

$178,000

3 beds2 baths— sq ft

3449 Carrington Ave, Memphis, TN 38111

Fully remodeled • Open concept layout • 8,276 sq ft lot

ABOUT THIS HOME
Cheap Home for sale in Jackson-University Area, TN:
This delightful, recently renovated 2-bedroom, 1-bathroom home features modern amenities and stylish finishes, making it ideal for comfortable living. Near the University of Memphis, offering convenience. New roof, updated kitchen/bathroom, and beautiful hardwood floors. Spacious backyard, ideal for gatherings. Prime location, this property is perfect for first-time buyers or investors seeking rental opportunities.

$137,000

2 beds1 bath— sq ft

3298 Spottswood Ave, Memphis, TN 38111

Large front porch • Modern amenities • Recently renovated

Property at 4576 Amboy Rd, Memphis, TN 38117, 3 beds, 2.5 baths

$300,000

3 beds2.5 baths— sq ft

4576 Amboy Rd, Memphis, TN 38117

Property at 3113 Allison Ave, Memphis, TN 38112, 3 beds, 2 baths

$225,000

3 beds2 baths— sq ft

3113 Allison Ave, Memphis, TN 38112

Property at 749 Echles Ct, Memphis, TN 38111, 5 beds, 3 baths

$329,000

5 beds3 baths— sq ft

749 Echles Ct, Memphis, TN 38111

Property at 857 Pope St, Memphis, TN 38112, 3 beds, 2 baths

$166,300

3 beds2 baths— sq ft

857 Pope St, Memphis, TN 38112

Property at 3779 Spottswood Ave, Memphis, TN 38111, 3 beds, 1 bath

$224,000

3 beds1 bath— sq ft

3779 Spottswood Ave, Memphis, TN 38111

Property at 232 S Highland St #1005, Memphis, TN 38111, 2 beds, 2 baths

$95,000

2 beds2 baths— sq ft

232 S Highland St #1005, Memphis, TN 38111

Property at 3520 Central Ave #310, Memphis, TN 38111, 2 beds, 2.5 baths

$318,900

2 beds2.5 baths— sq ft

3520 Central Ave #310, Memphis, TN 38111

Property at 1218 Merrycrest Dr, Memphis, TN 38111, 3 beds, 3 baths

$359,500

3 beds3 baths— sq ft

1218 Merrycrest Dr, Memphis, TN 38111

Property at 131 Eastview Dr, Memphis, TN 38111, 4 beds, 2 baths

$220,000

4 beds2 baths— sq ft

131 Eastview Dr, Memphis, TN 38111

Property at 605 N Hollywood Ave, Memphis, TN 38112, 4 beds, 2 baths

$129,000

4 beds2 baths— sq ft

605 N Hollywood Ave, Memphis, TN 38112

Property at 3117 Pacific Ave, Memphis, TN 38112, 4 beds, 2 baths

$149,750

4 beds2 baths— sq ft

3117 Pacific Ave, Memphis, TN 38112

Property at 958 Semmes Ave, Memphis, TN 38111, 2 beds, 1 bath

$95,000

2 beds1 bath— sq ft

958 Semmes Ave, Memphis, TN 38111

Property at 745 Los Angeles St, Memphis, TN 38112

$4,800

— beds— baths— sq ft

745 Los Angeles St, Memphis, TN 38112

Property at 2425 Forrest Ave, Memphis, TN 38112

$38,000

— beds— baths— sq ft

2425 Forrest Ave, Memphis, TN 38112

Property at 317 Harrell St, Memphis, TN 38112

$34,000

— beds— baths— sq ft

317 Harrell St, Memphis, TN 38112

Property at 321 Harrell St, Memphis, TN 38112

$34,000

— beds— baths— sq ft

321 Harrell St, Memphis, TN 38112

Property at 3046 Mcadoo Ave, Memphis, TN 38112

$10,000

— beds— baths— sq ft

3046 Mcadoo Ave, Memphis, TN 38112

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 4305 Haverhill Rd, Memphis, TN 38111

$140,000

— beds— baths— sq ft

4305 Haverhill Rd, Memphis, TN 38111

Property at 4522 Park Ave, Memphis, TN 38117

$350,000

— beds— baths— sq ft

4522 Park Ave, Memphis, TN 38117

Property at 0 Yale Ave, Memphis, TN 38112

$14,999

— beds— baths— sq ft

0 Yale Ave, Memphis, TN 38112

Property at 3346 Faxon Ave, Memphis, TN 38122

$35,000

— beds— baths— sq ft

3346 Faxon Ave, Memphis, TN 38122

Property at 883 Drake Manor Cv, Memphis, TN 38117

$165,000

— beds— baths— sq ft

883 Drake Manor Cv, Memphis, TN 38117

Property at 652 Tillman St, Memphis, TN 38112

$15,000

— beds— baths— sq ft

652 Tillman St, Memphis, TN 38112

Property at 3131 Barron Ave, Memphis, TN 38111

$35,000

— beds— baths— sq ft

3131 Barron Ave, Memphis, TN 38111

Property at 328 Williford St, Memphis, TN 38112

$48,900

— beds— baths— sq ft

328 Williford St, Memphis, TN 38112

Property at 0 Whitman Ave, Memphis, TN 38112

$9,900

— beds— baths— sq ft

0 Whitman Ave, Memphis, TN 38112

Property at 3545 Walnut Grove Rd, Memphis, TN 38111

$199,000

— beds— baths— sq ft

3545 Walnut Grove Rd, Memphis, TN 38111

Property at 2638 Ogden Ave, Memphis, TN 38112

$5,000

— beds— baths— sq ft

2638 Ogden Ave, Memphis, TN 38112

Property at 3553 Walnut Grove Rd Lot 2, Memphis, TN 38111

$189,000

— beds— baths— sq ft

3553 Walnut Grove Rd Lot 2, Memphis, TN 38111

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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 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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