Cheap homes for sale & real estate in University District, TN

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ABOUT THIS HOME
Cheap Home for sale in University District, 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 University District, 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 University District, TN:
New Construction – now underway! 4 bed, 2 bath, 1,384 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.

$210,000

4 beds2 baths— sq ft

1879 Ezell St, Memphis, TN 38111

8,276 sq ft lot • Built 2025 • Listed 59 days

3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in University District, 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 University District, TN:
This is 2 bedroom 2 bath home with large bedrooms. This home has fenced in backyard and located a few minutes from gas, shopping, entertainment and highway access. This property is owned by the US Department of HUD. HUD homes are sold as-is and are managed by Olympusams. HUD CASE# 482-416078, and this property is (UI) which is UNINSURED, so inspections completed at buyer's expense when bid accepted. Looking to make an offer on this home, go to HUD Home Store find a HUD registered agent and have them to make the offer for you on this nice home.

$38,700

2 beds2 baths— sq ft

2849 Harvard Ave, Memphis, TN 38112

Fenced in backyard • 4,791 sq ft lot • Built 1974

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 165 Picardy Pl, Memphis, TN 38111, 4 beds, 2 baths

$399,000

4 beds2 baths— sq ft

165 Picardy Pl, Memphis, TN 38111

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 4777 Audubon View Cir #3004, Memphis, TN 38117, 1 bed, 1 bath

$135,000

1 bed1 bath— sq ft

4777 Audubon View Cir #3004, Memphis, TN 38117

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 2868 Choctaw Ave, Memphis, TN 38114, 1 bed, 1 bath

$56,750

1 bed1 bath— sq ft

2868 Choctaw Ave, Memphis, TN 38114

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 1422 Titus Rd, Memphis, TN 38111, 3 beds, 1 bath

$120,000

3 beds1 bath— sq ft

1422 Titus Rd, Memphis, TN 38111

Property at 4861 Verne Rd N, Memphis, TN 38117, 3 beds, 1 bath

$169,900

3 beds1 bath— sq ft

4861 Verne Rd N, Memphis, TN 38117

Property at 835 Josephine St, Memphis, TN 38114, 3 beds, 2 baths

$135,000

3 beds2 baths— sq ft

835 Josephine St, Memphis, TN 38114

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 1597 Marcia Rd, Memphis, TN 38117, 3 beds, 1 bath

$179,999

3 beds1 bath— sq ft

1597 Marcia Rd, Memphis, TN 38117

Property at 411 Hodges St, Memphis, TN 38111, 2 beds, 2 baths

$74,900

2 beds2 baths— sq ft

411 Hodges 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 378 Caraway Cv #378, Memphis, TN 38117, 2 beds, 2.5 baths

$299,000

2 beds2.5 baths— sq ft

378 Caraway Cv #378, Memphis, TN 38117

Property at 2894 Midland Ave, Memphis, TN 38111, 2 beds, 1.5 baths

$199,900

2 beds1.5 baths— sq ft

2894 Midland Ave, Memphis, TN 38111

Property at 4776 Audubon View Cir #1, Memphis, TN 38117, 2 beds, 2 baths

$159,900

2 beds2 baths— sq ft

4776 Audubon View Cir #1, Memphis, TN 38117

Property at 294 Aurora Cir, Memphis, TN 38111, 3 beds, 1 bath

$319,000

3 beds1 bath— sq ft

294 Aurora Cir, Memphis, TN 38111

Property at 1776 Dorrie Ln, Memphis, TN 38117, 3 beds, 1.5 baths

$190,000

3 beds1.5 baths— sq ft

1776 Dorrie Ln, Memphis, TN 38117

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 131 N Mendenhall Rd, Memphis, TN 38117, 3 beds, 2 baths

$295,000

3 beds2 baths— sq ft

131 N Mendenhall Rd, Memphis, TN 38117

Property at 4237 Hilldale Ave, Memphis, TN 38117, 3 beds, 1.5 baths

$279,500

3 beds1.5 baths— sq ft

4237 Hilldale Ave, Memphis, TN 38117

Property at 2663 Central Terrace Rd #30, Memphis, TN 38111, 2 beds, 2.5 baths

$150,000

2 beds2.5 baths— sq ft

2663 Central Terrace Rd #30, Memphis, TN 38111

Property at 4416 Boyce Rd, Memphis, TN 38117, 3 beds, 2 baths

$229,000

3 beds2 baths— sq ft

4416 Boyce Rd, Memphis, TN 38117

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 812 Creekside Dr #2, Memphis, TN 38117, 1 bed, 1 bath

$165,000

1 bed1 bath— sq ft

812 Creekside Dr #2, Memphis, TN 38117

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 4151 Barfield Rd, Memphis, TN 38117, 4 beds, 2 baths

$442,900

4 beds2 baths— sq ft

4151 Barfield Rd, Memphis, TN 38117

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Cheap Homes for Sale in University District

There are currently 311 cheap homes for sale in University District at a median listing price of $261K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in University District stay on the market for 77 days and receive 1 offers. Popular neighborhoods include Cooper Young, East Memphis, High Point Terrace, Midtown, and Cordova. This map is refreshed with the newest listings in University District every 15 minutes.

In the past month, 67 homes have been sold in University District. In addition to houses in University District, there were also 72 condos, 3 townhouses, and 24 multi-family units for sale in University District last month. Find your dream home in University 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 University District are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in University District. If you're looking to sell your home in the University District area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in University 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 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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