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:
First floor unit with easy access in and out, and you don't have to use the elevators! Seller will consider short term OWNER FINANCING at a favorable rate for qualified buyers with significan down payment. Renovated 2 bedrom, 2 bath unit n the GROUND FLOOR with 2 private patios, hardwood and new carpet; new appliances; new bathroom vanities; and granite. Enjy the Pool, gym, grilling area, 24 HOUR FRONT DOOR ATTENDANT; and GATED PARKING. Walk to the Greenline or Highpoint Pizza and grocery. Convenient to East Memphis and the expressway. FUN building with lots of social opportunities if you desire. Seller to pay assessment with acceptable offer/contract. Non-rental development. No pets

$129,500

2 beds2 baths— sq ft

475 N Highland St Unit 1K, Memphis, TN 38122

Private patios • New appliances • Pool

ABOUT THIS HOME
Cheap Home for sale in University District, TN:
This charming gem near Chickasaw Gardens is just minutes away from the University, East Memphis, & Cooper-Young. 2 bedrooms, 2 bathroom, + bonus room upstairs. Large living room with gas fireplace. Spacious kitchen with granite countertops and skylight. Upstairs loft bonus room with full bathroom and new carpet. French drain installed in backyard in 2020. Screened in porch added in 2021. New hot water tank in 2022. Oversized garage got a new roof and new garage door in 2023. New AC condenser unit in 2025.

$245,000

2 beds2 baths— sq ft

117 S Humes St, Memphis, TN 38111

New hot water tank • Skylight in kitchen • Screened porch added

$239,900

2 beds2.5 baths— sq ft

2954 Southern Ave #2954, Memphis, TN 38111

Garage • Built 1968 • Listed 572 days

ABOUT THIS HOME
Cheap Home for sale in University District, TN:
Charming, recently updated 3br, 1.5ba home in the heart of East Memphis! Updated kitchen including new cabinets, fixtures, and flooring. New AC unit August 2024. New LVP flooring in kitchen, pantry, laundry room, and den. Lots of room with a Living Room, separate Dining Room, Breakfast Room, and large Den, over 1,500 square feet. New extra long driveway. Close to shopping, restaurants, and interstate. Come see this beautiful home today! * * * No owner financing available * * *

$175,000

3 beds1.5 baths— sq ft

1485 Ivy Rd, Memphis, TN 38117

0.23 acre lot • Built 1956 • Listed 639 days

ABOUT THIS HOME
Cheap Home for sale in University District, TN:
Safe and secure with 24 hour guard service. This unit was a 3 bedroom that was completely renovated 4 years ago and is now a large 2 bedroom. Perfect for entertaining featuring a large living area with a wet bar. 3 balconies with one overlooking the outdoor pool and Chickasaw Country Club. Secure parking is $15 monthly. Party room with kitchen. Exercise room. Guest rental units are available.

$195,000

2 beds3 baths— sq ft

475 N Highland Ave Unit 3G, Memphis, TN 38122

Community pool • Built 1970 • Listed 640 days

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 316 St Nick Dr, Memphis, TN 38117

$340,000

— beds— baths— sq ft

316 St Nick Dr, Memphis, TN 38117

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 648 Haynes St, Memphis, TN 38111

$38,200

— beds— baths— sq ft

648 Haynes St, Memphis, TN 38111

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 876 Inez St, Memphis, TN 38111

$14,000

— beds— baths— sq ft

876 Inez St, Memphis, TN 38111

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 494 Haynes St, Memphis, TN 38111

$78,500

— beds— baths— sq ft

494 Haynes St, Memphis, TN 38111

Property at 0 Yale Ave, Memphis, TN 38112

$14,999

— beds— baths— sq ft

0 Yale Ave, Memphis, TN 38112

Property at 883 Drake Manor Cv, Memphis, TN 38117

$165,000

— beds— baths— sq ft

883 Drake Manor Cv, Memphis, TN 38117

Property at 4640 Chickasaw Rd, Memphis, TN 38117

$250,000

— beds— baths— sq ft

4640 Chickasaw Rd, Memphis, TN 38117

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 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 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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