Cheap homes for sale & real estate in Raleigh, TN

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ABOUT THIS HOME
Cheap Home for sale in Raleigh, TN:
Super Cute 2 bedroom 1 Bath Down ~~New Exterior paint and roof~~Detached double carport/garage~~hardwood floors in bedrooms and living room/ dining room combo~~Big eat in kitchen ~ additional sqftg upstairs is finished with 2 more rooms but stairs are very steep ~ No Central heat and air~

$130,000

3 beds2 baths— sq ft

4564 Stage Rd, Memphis, TN 38128

New exterior paint • Big eat in kitchen • Hardwood floors

COMING SOON

ABOUT THIS HOME
Cheap Home for sale in Raleigh, TN:
MHA RENT $1650-$1750 per month- Great Investment!- Brand new 4BR 2Bath with Carport- Maintenance free siding- LVT floors- Full 1 Year Builder Warranty. House currently under construction, to be completed in 90 days. Photos are of finished home- same building and floor plan. Photos to be updated upon completion. Accepting early preconstruction offers. No Wholesalers or owner financed offers.

$175,000

4 beds2 baths— sq ft

3703 Parfet Cv, Memphis, TN 38128

3,920 sq ft lot • Parking • Built 2025

COMING SOON

ABOUT THIS HOME
Cheap Home for sale in Raleigh, TN:
Planned new construction by a reputable local builder with 20+ years of experience. The LAURENTIUS plan offers 4 bedrooms, 2 full baths, and 1,340 Heated SqFt on a single level with a 1-car carport on the right and a slab foundation. Modern floor plan with brand new kitchen and baths, LVP flooring, and contemporary fixtures and hardware. 30-year architectural roof shingles and central HVAC (installation scheduled at time of occupancy post closing). Concrete driveway and professional landscaping per plan. Listing photos and renderings may include the model home (see disclosures on attachments). Your representative can provide you with additional information about this home, including, but no

$230,000

4 beds2 baths— sq ft

3936 Timberwood Dr, Memphis, TN 38128

Slab foundation • Brand new kitchen • New construction

ABOUT THIS HOME
Cheap Home for sale in Raleigh, TN:
Investors only! This property is fully rented, 100% occupied. It is a 2bed 2bath rented at $1075/mo. Do not approach or disturb tenants. No showings without an accepted offer. Seller is also selling 1580/1582 Marjorie ($100k), and 1623/1625 Galveston ($130k). This could be an excellent addition to your portfolio. Seller will only review cash or conventional offers only (no wholesalers, no assignments, no creative financing, no owner financing, no subject to offers).

$130,000

2 beds2 baths— sq ft

2205 Oldfield Dr, Memphis, TN 38134

3,920 sq ft lot • Built 1985 • Listed 98 days

ABOUT THIS HOME
Cheap Home for sale in Raleigh, TN:
SECLUDED AND QUIET CONDOMINIUM COMPLEX CLOSER TO RALIEGH/BARTLETT, LOW HOA FEES! Super affordable! Spacious and sunny, 3 bedroom 2 and 1/2 bath townhouse condo. All appliances stay. Convenient to Summer and Sycamore View area shopping with easy access to I-40 and Southwest Tennessee Community College. New LVP flooring downstairs, all hardwood upstairs.

$125,000

3 beds2.5 baths— sq ft

1751 Fox Hunt Ln #1751, Memphis, TN 38134

2 parking spots • Built 1976 • Listed 99 days

Property at 3885 E Lakemont Dr, Memphis, TN 38128, 4 beds, 3 baths

$355,000

4 beds3 baths— sq ft

3885 E Lakemont Dr, Memphis, TN 38128

Property at 3726 Royal Wood Dr, Memphis, TN 38128, 3 beds, 1 bath

$64,900

3 beds1 bath— sq ft

3726 Royal Wood Dr, Memphis, TN 38128

Property at 3021 Whitney Ave, Memphis, TN 38128, 4 beds, 3 baths

$294,000

4 beds3 baths— sq ft

3021 Whitney Ave, Memphis, TN 38128

Property at 3704 Ridgemont Cv, Memphis, TN 38128, 3 beds, 1 bath

$74,900

3 beds1 bath— sq ft

3704 Ridgemont Cv, Memphis, TN 38128

Property at 3621 Royal Wood Dr, Memphis, TN 38128, 3 beds, 1 bath

$64,900

3 beds1 bath— sq ft

3621 Royal Wood Dr, Memphis, TN 38128

Property at 2050 Olive Bark Cv, Memphis, TN 38134, 3 beds, 2.5 baths

$209,900

3 beds2.5 baths— sq ft

2050 Olive Bark Cv, Memphis, TN 38134

Property at 3762 Berry Ln, Memphis, TN 38128, 3 beds, 1 bath

$104,500

3 beds1 bath— sq ft

3762 Berry Ln, Memphis, TN 38128

Property at 3294 Gatewood Dr, Memphis, TN 38134, 3 beds, 2 baths

$232,499

3 beds2 baths— sq ft

3294 Gatewood Dr, Memphis, TN 38134

Property at 2795 E Hickory Blf, Memphis, TN 38128, 3 beds, 2.5 baths

$124,900

3 beds2.5 baths— sq ft

2795 E Hickory Blf, Memphis, TN 38128

Property at 1970 Adney Gap Dr, Memphis, TN 38134, 4 beds, 3 baths

$283,000

4 beds3 baths— sq ft

1970 Adney Gap Dr, Memphis, TN 38134

Property at 3358 Brockcrest Cv, Memphis, TN 38128, 4 beds, 1.5 baths

$139,900

4 beds1.5 baths— sq ft

3358 Brockcrest Cv, Memphis, TN 38128

Property at 5577 Falling Bark Dr, Memphis, TN 38134, 3 beds, 2.5 baths

$242,000

3 beds2.5 baths— sq ft

5577 Falling Bark Dr, Memphis, TN 38134

Property at 4709 Old Raleigh Millington Dr, Memphis, TN 38128, 5 beds, 2.5 baths

$204,500

5 beds2.5 baths— sq ft

4709 Old Raleigh Millington Dr, Memphis, TN 38128

Property at 4136 Hampton Manor Ln, Memphis, TN 38128, 4 beds, 2.5 baths

$220,000

4 beds2.5 baths— sq ft

4136 Hampton Manor Ln, Memphis, TN 38128

Property at 4626 St Elmo Ave, Memphis, TN 38128, 5 beds, 3.5 baths

$208,000

5 beds3.5 baths— sq ft

4626 St Elmo Ave, Memphis, TN 38128

Property at 4479 Raleigh-millington Rd, Memphis, TN 38128, 4 beds, 2 baths

$245,900

4 beds2 baths— sq ft

4479 Raleigh-millington Rd, Memphis, TN 38128

Property at 3213 Covington Pike, Memphis, TN 38128, 3 beds, 2 baths

$215,000

3 beds2 baths— sq ft

3213 Covington Pike, Memphis, TN 38128

Property at 3860 Capricorn Cv, Memphis, TN 38128, 3 beds, 2 baths

$170,000

3 beds2 baths— sq ft

3860 Capricorn Cv, Memphis, TN 38128

Property at Clayton 73 River Bluff Estates Plan, Memphis, TN 38128, 3 beds, 2 baths

$154,900

3 beds2 baths1,310 sq ft

Clayton 73 River Bluff Estates Plan, Memphis, TN 38128

Listing provided by Zillow

Property at Clayton 77 River Bluff Estates Plan, Memphis, TN 38128, 3 beds, 2 baths

$156,900

3 beds2 baths1,310 sq ft

Clayton 77 River Bluff Estates Plan, Memphis, TN 38128

Listing provided by Zillow

Property at Champion 76 River Bluff Estates Plan, Memphis, TN 38128, 3 beds, 2 baths

$164,900

3 beds2 baths1,310 sq ft

Champion 76 River Bluff Estates Plan, Memphis, TN 38128

Listing provided by Zillow

Property at Clayton 100 River Bluff Estates Plan, Q6uy8a Memphis, TN 38128, 3 beds, 2 baths

$172,500

3 beds2 baths1,344 sq ft

Clayton 100 River Bluff Estates Plan, Q6uy8a Memphis, TN 38128

Listing provided by Zillow

Property at Champion 34 River Bluff Estates Plan, Drmzsw Memphis, TN 38128, 2 beds, 2 baths

$157,900

2 beds2 baths1,568 sq ft

Champion 34 River Bluff Estates Plan, Drmzsw Memphis, TN 38128

Listing provided by Zillow

Property at Champion 30 River Bluff Estates Plan, Memphis, TN 38128, 3 beds, 2 baths

$150,900

3 beds2 baths1,344 sq ft

Champion 30 River Bluff Estates Plan, Memphis, TN 38128

Listing provided by Zillow

Property at Champion 29 River Bluff Estates Plan, R3teqz Memphis, TN 38128, 3 beds, 2 baths

$154,900

3 beds2 baths1,182 sq ft

Champion 29 River Bluff Estates Plan, R3teqz Memphis, TN 38128

Listing provided by Zillow

Property at Champion 26 River Bluff Estates Plan, Sn7zuz Memphis, TN 38128, 2 beds, 2 baths

$157,900

2 beds2 baths1,568 sq ft

Champion 26 River Bluff Estates Plan, Sn7zuz Memphis, TN 38128

Listing provided by Zillow

Property at Champion 32 River Bluff Estates Plan, Eskpvk Memphis, TN 38128, 3 beds, 2 baths

$150,900

3 beds2 baths1,344 sq ft

Champion 32 River Bluff Estates Plan, Eskpvk Memphis, TN 38128

Listing provided by Zillow

Property at 4698 Porter Gray Ln, Memphis, TN 38128, 3 beds, 2 baths

$158,900

3 beds2 baths1,310 sq ft

4698 Porter Gray Ln, Memphis, TN 38128

Listing provided by Zillow

Property at Champion 74 River Bluff Estates Plan, Memphis, TN 38128, 3 beds, 2 baths

$158,900

3 beds2 baths1,310 sq ft

Champion 74 River Bluff Estates Plan, Memphis, TN 38128

Listing provided by Zillow

Property at 2831 Epping Crest Cv, Memphis, TN 38128, 4 beds, 2.5 baths

$349,999

4 beds2.5 baths— sq ft

2831 Epping Crest Cv, Memphis, TN 38128

Property at 2803 Epping Crest Dr Dr, Memphis, TN 38128, 4 beds, 2.5 baths

$359,999

4 beds2.5 baths— sq ft

2803 Epping Crest Dr Dr, Memphis, TN 38128

Property at 2832 Epping Crest Cv, Memphis, TN 38128, 3 beds, 2.5 baths

$339,999

3 beds2.5 baths— sq ft

2832 Epping Crest Cv, Memphis, TN 38128

Property at 3524 James Rd, Memphis, TN 38128, 2 beds, 1 bath

$185,000

2 beds1 bath— sq ft

3524 James Rd, Memphis, TN 38128

Property at 5366 Craigmont Dr, Memphis, TN 38134, 3 beds, 2 baths

$275,000

3 beds2 baths— sq ft

5366 Craigmont Dr, Memphis, TN 38134

Property at 4132 Magee Cv, Memphis, TN 38128, 3 beds, 2 baths

$25,000

3 beds2 baths1,100 sq ft

4132 Magee Cv, Memphis, TN 38128

Listing provided by Zillow

Property at 4059 Hinge Gate Ln, Memphis, TN 38128, 3 beds, 2 baths

$156,900

3 beds2 baths1,310 sq ft

4059 Hinge Gate Ln, Memphis, TN 38128

Listing provided by Zillow

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Cheap Homes for Sale in Raleigh

There are currently 160 cheap homes for sale in Raleigh at a median listing price of $182K. 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 60 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, 31 homes have been sold in Raleigh. In addition to houses in Raleigh, there were also 7 condos, 3 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 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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