Cheap homes for sale & real estate in Frayser-Raleigh Pd, TN

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ABOUT THIS HOME
Cheap Home for sale in Frayser-Raleigh Pd, TN:
This well-maintained 4-bedroom home features a single-level layout with all bedrooms located on the main floor. The interior includes a bright living area with ample natural light and a functional kitchen designed for everyday use. The rooms provide comfortable space for a variety of arrangements, and the flooring and finishes support easy maintenance. The exterior includes a spacious yard with room for outdoor activities, gardening, or additional landscaping options. Located in the Frayser area of Memphis, the property provides proximity to major roadways, local services, and neighborhood amenities, supporting convenient access to daily needs. This home’s layout, lot size, and practi

$99,900

4 beds2 baths— sq ft

1730 S Sutton Dr, Memphis, TN 38127

Functional kitchen • Spacious yard • Local services

ABOUT THIS HOME
Cheap Home for sale in Frayser-Raleigh Pd, TN:
Here is your chance to own a great investment property with a little TLC needed to add major equity. Out of town flipper bought the home and almost completed the work before going belly up. Their loss could be your gain today. Bank says SELL!

$120,000

4 beds3 baths— sq ft

3660 Overton Crossing St, Memphis, TN 38127

0.4 acre lot • 2 parking spots • Built 1933

ABOUT THIS HOME
Cheap Home for sale in Frayser-Raleigh Pd, TN:
Investment Opportunity – 3 Bed, 2 Bath Tenant-Occupied Property Great opportunity to start or expand your real estate portfolio with this income-producing property! This 3-bedroom, 2-bath home is currently tenant-occupied, offering immediate rental income. Please note: Property is tenant-occupied. No showings will be scheduled without an accepted offer. Don’t miss out on this turnkey investment!

$110,000

3 beds2 baths1,004 sq ft

3296 Madewell St, Memphis, TN 38127

0.33 acre lot • Built 1953

Listing provided by REALTRACS as Distributed by MLS Grid

ABOUT THIS HOME
Cheap Home for sale in Frayser-Raleigh Pd, TN:
Welcome to 1993 Burnham Ave! This beautifully maintained 3-bed, 2-bath home is truly move-in ready, offering generous living spaces and smart, practical updates throughout. Enjoy peace of mind with a brand-new roof, upgraded HVAC system, and abundant storage options. Designed for everyday comfort and convenience, this home is ready to fit your lifestyle. Come see it for yourself, schedule your showing today!

$124,900

3 beds2 baths— sq ft

1993 Burnham Ave, Memphis, TN 38127

Upgraded hvac system • Brand-new roof • 0.31 acre lot

ABOUT THIS HOME
Cheap Home for sale in Frayser-Raleigh Pd, TN:
Investors only! Wonderful opportunity to buy this 3 bedroom 2.5 bathroom home in Raleigh area. Home has a nice floor plan with large den, plus primary bedroom & private bathroom downstairs and 2 large bedrooms upstairs. ONLINE VIDEO AVAILABLE UPON REQUEST. Cash or hard money offers only. No wholesalers, no assignments, no blind offers. Please do all inspections up front. This property is being offered at a good price and many homes in this area are being repaired and sold for more money. Several newly built homes are nearby. This is near the new Amazon and Nike distribution facilities as well! Could be a great primary residence or investment property. Awesome fix and flip, long term r

$136,000

3 beds2.5 baths— sq ft

4639 Addington Dr, Memphis, TN 38128

7,405 sq ft lot • 2 parking spots • Built 2004

Property at 5197 Kimbark Woods Dr, Memphis, TN 38134, 2 beds, 2 baths

$169,900

2 beds2 baths— sq ft

5197 Kimbark Woods Dr, Memphis, TN 38134

Property at 2962 Whitney Ave, Memphis, TN 38128, 4 beds, 2 baths

$209,900

4 beds2 baths— sq ft

2962 Whitney Ave, Memphis, TN 38128

Property at 2749 N Lake Shore Dr, Memphis, TN 38127, 3 beds, 2.5 baths

$210,000

3 beds2.5 baths— sq ft

2749 N Lake Shore Dr, Memphis, TN 38127

Property at 2955 Tudor St, Memphis, TN 38127, 2 beds, 1 bath

$109,975

2 beds1 bath— sq ft

2955 Tudor St, Memphis, TN 38127

Property at 3480 Tallyho Rd, Memphis, TN 38128, 4 beds, 2 baths

$179,000

4 beds2 baths— sq ft

3480 Tallyho Rd, Memphis, TN 38128

Property at 3131 Peggy Rd, Memphis, TN 38128, 4 beds, 2 baths

$135,000

4 beds2 baths— sq ft

3131 Peggy Rd, Memphis, TN 38128

Property at 4394 Oaks Royal Dr, Memphis, TN 38128, 4 beds, 2.5 baths

$265,000

4 beds2.5 baths— sq ft

4394 Oaks Royal Dr, Memphis, TN 38128

Property at 4386 Oaks Royal Dr, Memphis, TN 38128, 4 beds, 2.5 baths

$265,000

4 beds2.5 baths— sq ft

4386 Oaks Royal Dr, Memphis, TN 38128

Property at 2367 Kingsley Ave, Memphis, TN 38127, 3 beds, 1.5 baths

$95,000

3 beds1.5 baths— sq ft

2367 Kingsley Ave, Memphis, TN 38127

Property at 5136 Rolling Fields Dr, Memphis, TN 38134, 3 beds, 1.5 baths

$219,900

3 beds1.5 baths— sq ft

5136 Rolling Fields Dr, Memphis, TN 38134

Property at 3158 Madeline Cir, Memphis, TN 38127, 3 beds, 1 bath

$124,900

3 beds1 bath— sq ft

3158 Madeline Cir, Memphis, TN 38127

Property at 3483 Julia St, Memphis, TN 38127, 4 beds, 2 baths

$89,900

4 beds2 baths— sq ft

3483 Julia St, Memphis, TN 38127

Property at 1573 Jay Cv, Memphis, TN 38127, 2 beds, 1 bath

$79,900

2 beds1 bath— sq ft

1573 Jay Cv, Memphis, TN 38127

Property at 1916 Tulsa Ave, Memphis, TN 38127, 2 beds, 1 bath

$79,900

2 beds1 bath— sq ft

1916 Tulsa Ave, Memphis, TN 38127

Property at 4841 Olds Ave, Memphis, TN 38128, 4 beds, 2 baths

$190,000

4 beds2 baths— sq ft

4841 Olds Ave, Memphis, TN 38128

Property at 2783 E Battle Creek Cv, Memphis, TN 38134, 4 beds, 2.5 baths

$259,900

4 beds2.5 baths— sq ft

2783 E Battle Creek Cv, Memphis, TN 38134

Property at 3287 Leschallas Dr, Memphis, TN 38128, 4 beds, 2.5 baths

$154,901

4 beds2.5 baths— sq ft

3287 Leschallas Dr, Memphis, TN 38128

Property at 3651 N Trezevant St, Memphis, TN 38127, 4 beds, 2 baths

$150,000

4 beds2 baths— sq ft

3651 N Trezevant St, Memphis, TN 38127

Property at 4401 Guildhall Dr, Memphis, TN 38128, 4 beds, 2 baths

$150,000

4 beds2 baths— sq ft

4401 Guildhall Dr, Memphis, TN 38128

Property at 782 Frayser Dr, Memphis, TN 38127, 4 beds, 1.5 baths

$75,000

4 beds1.5 baths— sq ft

782 Frayser Dr, Memphis, TN 38127

Property at 3418 Elk Point Dr, Memphis, TN 38128, 3 beds, 1 bath

$99,900

3 beds1 bath— sq ft

3418 Elk Point Dr, Memphis, TN 38128

Property at 3263 Glen Logan Dr, Memphis, TN 38134, 4 beds, 2 baths

$240,000

4 beds2 baths— sq ft

3263 Glen Logan Dr, Memphis, TN 38134

Property at 3204 Ruskin Rd, Memphis, TN 38134, 3 beds, 2 baths

$254,000

3 beds2 baths— sq ft

3204 Ruskin Rd, Memphis, TN 38134

Property at 4390 Oaks Royal Dr, Memphis, TN 38128, 4 beds, 2.5 baths

$265,900

4 beds2.5 baths— sq ft

4390 Oaks Royal Dr, Memphis, TN 38128

Property at 3634 Raleigh Millington Rd, Memphis, TN 38128, 3 beds, 1.5 baths

$125,000

3 beds1.5 baths2,365 sq ft

3634 Raleigh Millington Rd, Memphis, TN 38128

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 1414 Greendale Ave, Memphis, TN 38127, 3 beds, 1 bath

$125,000

3 beds1 bath— sq ft

1414 Greendale Ave, Memphis, TN 38127

Property at 3620 Archwood Dr, Memphis, TN 38128, 3 beds, 2 baths

$200,000

3 beds2 baths— sq ft

3620 Archwood Dr, Memphis, TN 38128

Property at 3110 Sunrise St, Memphis, TN 38127, 3 beds, 1 bath

$83,000

3 beds1 bath— sq ft

3110 Sunrise St, Memphis, TN 38127

Property at 3442 Wythe Rd, Memphis, TN 38134, 4 beds, 3 baths

$219,000

4 beds3 baths— sq ft

3442 Wythe Rd, Memphis, TN 38134

Property at 3592 Epping Hills Cv, Memphis, TN 38128, 4 beds, 3 baths

$364,900

4 beds3 baths— sq ft

3592 Epping Hills Cv, Memphis, TN 38128

Property at 3076 Harvester Ln, Memphis, TN 38127, 4 beds, 2 baths

$90,000

4 beds2 baths— sq ft

3076 Harvester Ln, Memphis, TN 38127

Property at 2830 Suesand Dr, Memphis, TN 38128, 4 beds, 2 baths

$179,500

4 beds2 baths— sq ft

2830 Suesand Dr, Memphis, TN 38128

Property at 3877 Kipling Ave, Memphis, TN 38128, 3 beds, 1.5 baths

$99,950

3 beds1.5 baths— sq ft

3877 Kipling Ave, Memphis, TN 38128

Property at 4669 Christyshire Dr, Memphis, TN 38128, 3 beds, 2.5 baths

$116,000

3 beds2.5 baths— sq ft

4669 Christyshire Dr, Memphis, TN 38128

Property at 2714 Nix Cv, Memphis, TN 38127, 3 beds, 1 bath

$119,900

3 beds1 bath— sq ft

2714 Nix Cv, Memphis, TN 38127

Property at 2198 Hillside Ave, Memphis, TN 38127, 3 beds, 1 bath

$92,000

3 beds1 bath— sq ft

2198 Hillside Ave, Memphis, TN 38127

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Cheap Homes for Sale in Frayser-Raleigh Pd

There are currently 390 cheap homes for sale in Frayser-Raleigh Pd at a median listing price of $120K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Frayser-Raleigh Pd stay on the market for 79 days. Popular neighborhoods include Downtown Memphis, Raleigh, High Point Terrace, Midtown, and Mud Island. This map is refreshed with the newest listings in Frayser-Raleigh Pd every 15 minutes.

In the past month, 50 homes have been sold in Frayser-Raleigh Pd. In addition to houses in Frayser-Raleigh Pd, there were also 8 condos, 5 townhouses, and 6 multi-family units for sale in Frayser-Raleigh Pd last month. Find your dream home in Frayser-Raleigh Pd 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 Frayser-Raleigh Pd are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Frayser-Raleigh Pd. If you're looking to sell your home in the Frayser-Raleigh Pd area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Frayser-Raleigh Pd 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 Sun Dec 21 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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