Cheap homes for sale & real estate in Raleigh, TN

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ABOUT THIS HOME
Cheap Home for sale in Raleigh, TN:
Ready for your next project? This house needs a little of everything to bring it back to life, but the bones are great. Ideal for investors looking for their next buy and hold. Will make a great investment property. Sellers are investors and have never seen the property. Property is priced below market to reflect needed updates. Utilities have been requested. Buyers to perform their due diligence. Sold AS-IS. Seller will not make repairs. This property may need foundation repairs. Engineering report available.

$179,900

3 beds2 baths— sq ft

5322 Adney Gap Cv, Memphis, TN 38134

0.27 acre lot • Garage • Built 1972

HOT HOME

ABOUT THIS HOME
Cheap Home for sale in Raleigh, TN:
Fantastic home and ready for a new family! Carpet and tile throughout with fresh paint. Neutral colors and a blank palette, ready for your own personal touches. Fenced backyard with an awesome deck. Easy to show and easy to view! Let's make this your new home today!

$229,000

4 beds2 baths— sq ft

2111 Rock Ridge Rd, Memphis, TN 38134

Awesome deck • Fenced backyard • 0.31 acre lot

ABOUT THIS HOME
Cheap Home for sale in Raleigh, TN:
Welcome to this generous 4-bedroom, 2-bathroom home offering plenty of space and a great canvas for updates and personalization! Perfect for investors or homeowners looking to customize their dream home. Roof is 2 years old. Hot water heater is 1 year old. Large fenced back yard. This home is priced to reflect its condition and offers excellent potential for equity growth after improvements. Ideal for buyers looking for space, character, and a project to make their own.

$190,000

4 beds2 baths— sq ft

3241 Scheibler Rd, Memphis, TN 38128

Den/great room • Living room • Dining room

ABOUT THIS HOME
Cheap Home for sale in Raleigh, TN:
Spacious 3-bedroom, 1.5-bath single-family home featuring an inviting, open floorplan designed for comfortable living and entertaining. The home offers generous living areas filled with natural light, well-sized bedrooms, and a functional layout. Step outside to a large backyard—perfect for gatherings, gardening, or future outdoor enhancements. A wonderful opportunity to enjoy space, flexibility, and everyday comfort.

$114,900

3 beds1.5 baths— sq ft

4014 Kerwin Dr, Memphis, TN 38128

Open floorplan • Large backyard • Functional layout

$90,000

3 beds2.5 baths— sq ft

3637 Haughton Ln #2, Memphis, TN 38128

Garage • Built 1974 • Listed 5 days

Property at 4309 Beechcliff Ln, Memphis, TN 38128, 5 beds, 3 baths

$239,901

5 beds3 baths2,200 sq ft

4309 Beechcliff Ln, Memphis, TN 38128

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 4065 Haliburton St, Memphis, TN 38128, 3 beds, 1.5 baths

$159,900

3 beds1.5 baths— sq ft

4065 Haliburton St, Memphis, TN 38128

Property at 3179 Coleman Rd, Memphis, TN 38128, 3 beds, 2 baths

$189,000

3 beds2 baths— sq ft

3179 Coleman Rd, Memphis, TN 38128

Property at 3432 Tellico Dr, Memphis, TN 38128, 3 beds, 1 bath

$128,800

3 beds1 bath— sq ft

3432 Tellico Dr, Memphis, TN 38128

Property at 3496 Lynchburg St, Memphis, TN 38135, 3 beds, 2 baths

$225,000

3 beds2 baths— sq ft

3496 Lynchburg St, Memphis, TN 38135

Property at 4689 Raleigh-lagrange Rd, Memphis, TN 38128, 4 beds, 1.5 baths

$149,900

4 beds1.5 baths— sq ft

4689 Raleigh-lagrange Rd, Memphis, TN 38128

Property at 5013 Scheibler Rd Unit C1, Memphis, TN 38128, 2 beds, 2 baths

$169,000

2 beds2 baths— sq ft

5013 Scheibler Rd Unit C1, Memphis, TN 38128

Property at 4053 Haliburton St, Memphis, TN 38128, 3 beds, 1.5 baths

$160,000

3 beds1.5 baths— sq ft

4053 Haliburton St, Memphis, TN 38128

Property at 3593 Beechollow Dr #3593, Memphis, TN 38128, 2 beds, 2 baths

$35,000

2 beds2 baths— sq ft

3593 Beechollow Dr #3593, Memphis, TN 38128

Property at 3046 Carnoustie Cv, Memphis, TN 38128, 4 beds, 3 baths

$229,900

4 beds3 baths— sq ft

3046 Carnoustie Cv, Memphis, TN 38128

Property at 4376 Coleman Rd, Memphis, TN 38128, 4 beds, 2 baths

$239,000

4 beds2 baths— sq ft

4376 Coleman Rd, Memphis, TN 38128

Property at 3010 Falkirk Rd, Memphis, TN 38128, 3 beds, 2 baths

$208,900

3 beds2 baths— sq ft

3010 Falkirk Rd, Memphis, TN 38128

Property at 4227 Oxbow Cv, Memphis, TN 38128, 3 beds, 2.5 baths

$179,900

3 beds2.5 baths— sq ft

4227 Oxbow Cv, Memphis, TN 38128

Property at 3669 Trudy Cv, Memphis, TN 38128, 3 beds, 1 bath

$109,900

3 beds1 bath— sq ft

3669 Trudy Cv, Memphis, TN 38128

Property at 4757 Northfield Cir, Memphis, TN 38128, 3 beds, 2 baths

$185,000

3 beds2 baths— sq ft

4757 Northfield Cir, Memphis, TN 38128

Property at 3941 Stillwood Dr, Memphis, TN 38128, 3 beds, 2 baths

$149,500

3 beds2 baths— sq ft

3941 Stillwood Dr, Memphis, TN 38128

Property at 4639 Addington Dr, Memphis, TN 38128, 3 beds, 2.5 baths

$136,000

3 beds2.5 baths— sq ft

4639 Addington Dr, Memphis, TN 38128

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 1845 Quail Valley Dr #1845, Memphis, TN 38134, 3 beds, 2.5 baths

$105,000

3 beds2.5 baths— sq ft

1845 Quail Valley Dr #1845, Memphis, TN 38134

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 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 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 3625 Beechollow Dr, Memphis, TN 38128, 3 beds, 2.5 baths

$115,000

3 beds2.5 baths1,800 sq ft

3625 Beechollow Dr, Memphis, TN 38128

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

$200,000

3 beds2 baths— sq ft

3620 Archwood Dr, Memphis, TN 38128

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Cheap Homes for Sale in Raleigh

There are currently 162 cheap homes for sale in Raleigh at a median listing price of $185K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Raleigh stay on the market for 52 days. Popular neighborhoods include Jackson, East Memphis, High Point Terrace, Midtown, and Cordova. This map is refreshed with the newest listings in Raleigh every 15 minutes.

In the past month, 27 homes have been sold in Raleigh. In addition to houses in Raleigh, there were also 5 condos, 4 townhouses, and 1 multi-family unit for sale in Raleigh last month. Find your dream home in Raleigh 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 Raleigh are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Raleigh. If you're looking to sell your home in the Raleigh area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Raleigh 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 Wed Dec 24 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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