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:
Tenant occupied - no showings without an accepted contract. This is a great investment opportunity. Currently, it rents for $1,499 a month, and the lease will end on 7/31/2027. It can be sold separately or as a package deal along with 572 Watson, 582 Watson, and 3739 Spottswood.

$200,000

3 beds1 bath— sq ft

3863 Spottswood Ave, Memphis, TN 38111

0.34 acre lot • Built 1945 • Listed 113 days

ABOUT THIS HOME
Cheap Home for sale in University District, TN:
Tenant occupied - no showings without an accepted contract. This is a great investment opportunity. Currently, it rents for $1,750 a month, and the lease will end on 7/31/2025. It can be sold separately or as a package deal along with 572 Watson St, 582 Watson St, and 3863 Spottswood Ave.

$215,000

3 beds2 baths— sq ft

3739 Spottswood Ave, Memphis, TN 38111

9,147 sq ft lot • Parking • Built 1935

ABOUT THIS HOME
Cheap Home for sale in University District, TN:
Tenant occupied - no showings without an accepted contract. This is a great investment opportunity. Currently, it rents for $1,560 a month, and the lease will end on 3/31/2026. It can be sold separately or as a package deal along with 582 Watson, 3739 Spottswood, and 3863 Spottswood.

$200,000

3 beds2 baths— sq ft

572 Watson St, Memphis, TN 38111

8,276 sq ft lot • Built 1952 • Listed 113 days

ABOUT THIS HOME
Cheap Home for sale in University District, TN:
Tenant occupied - no showings without an accepted contract. This is a great investment opportunity. Currently, it rents for $1,575 a month, and the lease will end on 12/31/2025. It can be sold separately or as a package deal along with 572 Watson, 3739 Spottswood, and 3863 Spottswood.

$200,000

2 beds2 baths— sq ft

582 Watson St, Memphis, TN 38111

8,712 sq ft lot • Built 1922 • Listed 113 days

3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in University District, TN:
Welcome to 4382 Charleswood Ave—a beautifully updated 3BR, 2BA ranch in Memphis that’s ready for you to enjoy from day one. Imagine cozy evenings in the vaulted great room with its gas fireplace and built-in shelves, or cooking in the open kitchen with granite counters while friends gather nearby. Step outside to a huge deck, fire pit, and a spacious corner lot perfect for play or relaxing weekends. The hardwood-floored front room is ideal for reading, music, or game night. The primary suite features a renovated bath with walk-in shower, plus you’ll love the replacement windows, laundry room, storage shed, and one-car garage. Located near the Greenline and zoned for White

$360,000

3 beds2 baths— sq ft

4382 Charleswood Ave, Memphis, TN 38117

Vaulted great room • Large corner lot • Gas fireplace

Property at 520 Ellsworth St, Memphis, TN 38111, 3 beds, 2 baths

$319,000

3 beds2 baths— sq ft

520 Ellsworth St, Memphis, TN 38111

Property at 1771 Tahiti Ln, Memphis, TN 38117, 4 beds, 2 baths

$174,900

4 beds2 baths— sq ft

1771 Tahiti Ln, Memphis, TN 38117

Property at 3119 Allison Ave, Memphis, TN 38112, 2 beds, 1 bath

$75,000

2 beds1 bath— sq ft

3119 Allison Ave, Memphis, TN 38112

Property at 2851 Carnes Ave, Memphis, TN 38114, 3 beds, 2 baths

$110,000

3 beds2 baths— sq ft

2851 Carnes Ave, Memphis, TN 38114

Property at 232 S Highland St #706, Memphis, TN 38111, 1 bed, 1 bath

$62,500

1 bed1 bath— sq ft

232 S Highland St #706, Memphis, TN 38111

Property at 4821 S Kingsgate Pl, Memphis, TN 38117, 3 beds, 3.5 baths

$399,500

3 beds3.5 baths— sq ft

4821 S Kingsgate Pl, Memphis, TN 38117

Property at 84 N Holmes St, Memphis, TN 38111, 4 beds, 2 baths

$299,950

4 beds2 baths— sq ft

84 N Holmes St, Memphis, TN 38111

Property at 487 Lundee St, Memphis, TN 38111, 3 beds, 2 baths

$109,900

3 beds2 baths— sq ft

487 Lundee St, Memphis, TN 38111

Property at 475 N Highland St Unit 8H, Memphis, TN 38122, 1 bed, 1 bath

$135,000

1 bed1 bath— sq ft

475 N Highland St Unit 8H, Memphis, TN 38122

Property at 232 S Highland St #505, Memphis, TN 38111, 2 beds, 2 baths

$124,000

2 beds2 baths— sq ft

232 S Highland St #505, Memphis, TN 38111

Property at 3172 Joffre Ave, Memphis, TN 38111, 3 beds, 2 baths

$275,000

3 beds2 baths— sq ft

3172 Joffre Ave, Memphis, TN 38111

Property at 3520 Central Ave #207, Memphis, TN 38111, 3 beds, 3.5 baths

$399,000

3 beds3.5 baths— sq ft

3520 Central Ave #207, Memphis, TN 38111

Property at 3330 Highland Park Pl, Memphis, TN 38111, 2 beds, 1 bath

$199,000

2 beds1 bath— sq ft

3330 Highland Park Pl, Memphis, TN 38111

Property at 3160 Wilcox Ave, Memphis, TN 38111, 3 beds, 2.5 baths

$397,000

3 beds2.5 baths— sq ft

3160 Wilcox Ave, Memphis, TN 38111

Property at 475 N Highland Ave Unit 12A B, Memphis, TN 38122, 2 beds, 2.5 baths

$225,000

2 beds2.5 baths— sq ft

475 N Highland Ave Unit 12A B, Memphis, TN 38122

Property at 886 Echles St, Memphis, TN 38111, 3 beds, 1 bath

$150,000

3 beds1 bath— sq ft

886 Echles St, Memphis, TN 38111

Property at 505 S Prescott St, Memphis, TN 38111, 2 beds, 1 bath

$214,500

2 beds1 bath— sq ft

505 S Prescott St, Memphis, TN 38111

Property at 232 S Highland St #707, Memphis, TN 38111, 1 bed, 1 bath

$78,000

1 bed1 bath— sq ft

232 S Highland St #707, Memphis, TN 38111

Property at 475 N Highland St Unit 2K, Memphis, TN 38122, 2 beds, 2 baths

$95,000

2 beds2 baths— sq ft

475 N Highland St Unit 2K, Memphis, TN 38122

Property at 232 S Highland St #608, Memphis, TN 38111, 2 beds, 2 baths

$133,900

2 beds2 baths— sq ft

232 S Highland St #608, Memphis, TN 38111

Property at 3267 Allison Ave, Memphis, TN 38112, 4 beds, 2 baths

$159,900

4 beds2 baths— sq ft

3267 Allison Ave, Memphis, TN 38112

Property at 3556 Philwood Ave, Memphis, TN 38122, 3 beds, 1 bath

$265,000

3 beds1 bath— sq ft

3556 Philwood Ave, Memphis, TN 38122

Property at 767 Semmes St, Memphis, TN 38111, 2 beds, 2 baths

$100,000

2 beds2 baths— sq ft

767 Semmes St, Memphis, TN 38111

Property at 3145 Wilcox Ave, Memphis, TN 38111, 3 beds, 2 baths

$340,000

3 beds2 baths— sq ft

3145 Wilcox Ave, Memphis, TN 38111

Property at 21 N Fenwick Rd, Memphis, TN 38111, 3 beds, 2 baths

$229,000

3 beds2 baths— sq ft

21 N Fenwick Rd, Memphis, TN 38111

Property at 435 N Highland St #2, Memphis, TN 38122, 3 beds, 2.5 baths

$194,000

3 beds2.5 baths— sq ft

435 N Highland St #2, Memphis, TN 38122

Property at 473 Vaughn Rd, Memphis, TN 38122, 4 beds, 2 baths

$239,900

4 beds2 baths— sq ft

473 Vaughn Rd, Memphis, TN 38122

Property at 258 S Holmes St, Memphis, TN 38111, 3 beds, 2 baths

$285,000

3 beds2 baths— sq ft

258 S Holmes St, Memphis, TN 38111

Property at 3749 Shirlwood Ave, Memphis, TN 38122, 3 beds, 2 baths

$335,000

3 beds2 baths— sq ft

3749 Shirlwood Ave, Memphis, TN 38122

Property at 1864 Denison St, Memphis, TN 38111, 3 beds, 1.5 baths

$189,000

3 beds1.5 baths— sq ft

1864 Denison St, Memphis, TN 38111

Property at 3595 Johnwood Dr, Memphis, TN 38122, 2 beds, 1 bath

$245,000

2 beds1 bath— sq ft

3595 Johnwood Dr, Memphis, TN 38122

Property at 365 Lundee Pl, Memphis, TN 38111, 2 beds, 2 baths

$245,000

2 beds2 baths— sq ft

365 Lundee Pl, Memphis, TN 38111

Property at 3725 Spottswood Ave, Memphis, TN 38111, 4 beds, 2 baths

$289,500

4 beds2 baths— sq ft

3725 Spottswood Ave, Memphis, TN 38111

Property at 4502 Quince Rd, Memphis, TN 38117, 3 beds, 1 bath

$205,000

3 beds1 bath— sq ft

4502 Quince Rd, Memphis, TN 38117

Property at 2580 Oxford Ave, Memphis, TN 38112, 3 beds, 2 baths

$309,900

3 beds2 baths— sq ft

2580 Oxford Ave, Memphis, TN 38112

Property at 149 Palisade St, Memphis, TN 38111, 3 beds, 2 baths

$359,500

3 beds2 baths— sq ft

149 Palisade St, Memphis, TN 38111

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Cheap Homes for Sale in University District

There are currently 309 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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