Cheap homes for sale & real estate in Raleigh, TN

160 homes

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NEW CONSTRUCTION

$154,900

3 beds2 baths1,310 sq ft

4704 Porter Gray Ln, Memphis, TN 38128

Clubhouse • Open concept • Community pool

Listing provided by Zillow

NEW CONSTRUCTION

$164,900

3 beds2 baths1,310 sq ft

4053 Hinge Gate Ln, Memphis, TN 38128

Fitness center • Clubhouse • Community pool

Listing provided by Zillow

ABOUT THIS HOME
Cheap Home for sale in Raleigh, TN:
Investors only! Tenant occupied property available in Raleigh. Four bedroom one and a half bathroom home that would be a perfect addition to your rental portfolio. Home is professionally managed (lease, ledger, and repair history available upon request). Home was rehabbed in Spring 2025 and is in good shape! ONLINE VIDEO AVAILALBE UPON REQUEST. Home is currently rented at $1150. Property is located near the brand new Amazon & Nike warehouse facilities! Great long term location with stable job opportunities. Photos are from Spring 2025 (prior to tenant moving inside the property). No sign in the yard, make offers contingent on interior inspection. No wholesalers or assignments, seller

$135,000

4 beds1.5 baths— sq ft

3401 Bradcrest Ave, Memphis, TN 38128

Rehabbed in spring • Near nike warehouse • 7,840 sq ft lot

NEW CONSTRUCTION

ABOUT THIS HOME
Cheap Home for sale in Raleigh, TN:
Nestled on the north side of Memphis, Raleigh is a vibrant neighborhood in Shelby County with a rich history and growing community, This area boast a unique landscape defined by rolling hills mature oak and elm trees, and stunning foliage. Maple Floor plan features 4 Bedrooms and 2.5 Baths.

$349,900

4 beds2.5 baths— sq ft

2819 Epping Crest Cv, Memphis, TN 38128

Garage • Built 2025 • Listed 258 days

NEW CONSTRUCTION

ABOUT THIS HOME
Cheap Home for sale in Raleigh, TN:
Nestled on the north side of Memphis, Raleigh is a vibrant neighborhood in Shelby County with a rich history and growing community, This area boast a unique landscape defined by rolling hills mature oak and elm trees, and stunning foliage. Maple Floor plan features 4 Bedrooms and 2.5 Baths.

$359,900

4 beds3 baths— sq ft

2823 Epping Crest Cv, Memphis, TN 38128

Rolling hills • Vibrant neighborhood • Unique landscape

Property at 2795 Epping Crest Dr, Memphis, TN 38128, 4 beds, 3 baths

$359,900

4 beds3 baths— sq ft

2795 Epping Crest Dr, Memphis, TN 38128

Property at 3313 Earl Dr, Memphis, TN 38128, 3 beds, 2 baths

$185,000

3 beds2 baths— sq ft

3313 Earl Dr, Memphis, TN 38128

Property at Champion 2876 Allentown Plan, Memphis, TN 38128, 3 beds, 2 baths

$108,652

3 beds2 baths1,220 sq ft

Champion 2876 Allentown Plan, Memphis, TN 38128

Listing provided by Zillow

Property at 4876 Chumbler Dr, Memphis, TN 38128, 3 beds, 2 baths

$108,652

3 beds2 baths1,220 sq ft

4876 Chumbler Dr, Memphis, TN 38128

Listing provided by Zillow

Property at 4050 Hinge Gate Ln, Memphis, TN 38128, 3 beds, 2 baths

$134,900

3 beds2 baths1,420 sq ft

4050 Hinge Gate Ln, Memphis, TN 38128

Listing provided by Zillow

Property at Clayton 40 River Bluff Estates Plan, Memphis, TN 38128, 3 beds, 2 baths

$134,900

3 beds2 baths1,420 sq ft

Clayton 40 River Bluff Estates Plan, Memphis, TN 38128

Listing provided by Zillow

Property at 4062 Hinge Gate Ln, Memphis, TN 38128, 3 beds, 2 baths

$139,702

3 beds2 baths1,420 sq ft

4062 Hinge Gate Ln, Memphis, TN 38128

Listing provided by Zillow

Property at Clayton 42 River Bluff Estates Plan, Memphis, TN 38128, 3 beds, 2 baths

$139,702

3 beds2 baths1,420 sq ft

Clayton 42 River Bluff Estates Plan, Memphis, TN 38128

Listing provided by Zillow

Property at 3696 Parfet Cv, Memphis, TN 38128, 3 beds, 1 bath

$109,150

3 beds1 bath— sq ft

3696 Parfet Cv, Memphis, TN 38128

Property at Clayton 8849 Allentown Plan, Memphis, TN 38128, 3 beds, 2 baths

$150,075

3 beds2 baths990 sq ft

Clayton 8849 Allentown Plan, Memphis, TN 38128

Listing provided by Zillow

Property at 3371 Emmons Rd, Memphis, TN 38128, 3 beds, 2 baths

$280,000

3 beds2 baths— sq ft

3371 Emmons Rd, Memphis, TN 38128

Property at 3781 Austin Peay Hwy, Memphis, TN 38128

$49,900

— beds— baths— sq ft

3781 Austin Peay Hwy, Memphis, TN 38128

Property at 00 Raleigh-lagrange Rd, Memphis, TN 38128

$70,000

— beds— baths— sq ft

00 Raleigh-lagrange Rd, Memphis, TN 38128

Property at 29 Felton Rd, Memphis, TN 38128

$20,000

— beds— baths— sq ft

29 Felton Rd, Memphis, TN 38128

Property at 5105 Pleasant View Rd, Memphis, TN 38134

$150,000

— beds— baths— sq ft

5105 Pleasant View Rd, Memphis, TN 38134

Property at Helmsdale Rd, Memphis, TN 38128

$39,000

— beds— baths— sq ft

Helmsdale Rd, Memphis, TN 38128

$39,000

— beds— baths— sq ft

Helmsdale Rd, Memphis, TN 38128

Property at Taransay Rd, Memphis, TN 38128

$39,000

— beds— baths— sq ft

Taransay Rd, Memphis, TN 38128

Property at 5259 Stage Rd, Bartlett, TN 38134

$199,700

— beds— baths— sq ft

5259 Stage Rd, Bartlett, TN 38134

Property at 0 Allen Rd, Memphis, TN 38128

$42,000

— beds— baths— sq ft

0 Allen Rd, Memphis, TN 38128

Property at 0 Raleigh-millington Rd, Memphis, TN 38128

$350,000

— beds— baths— sq ft

0 Raleigh-millington Rd, Memphis, TN 38128

Property at Ridgemont Rd, Memphis, TN 38128

$14,000

— beds— baths— sq ft

Ridgemont Rd, Memphis, TN 38128

Property at 4030 Saint Elmo Ave, Memphis, TN 38128

$180,000

0 beds— baths— sq ft

4030 Saint Elmo Ave, Memphis, TN 38128

Property at 3005 Frayser-raleigh Rd, Memphis, TN 38128

$275,000

— beds— baths— sq ft

3005 Frayser-raleigh Rd, Memphis, TN 38128

Property at Egypt Central Rd, Memphis, TN 38128

$450,000

— beds— baths— sq ft

Egypt Central Rd, Memphis, TN 38128

Property at 0 Blackwell St, Bartlett, TN 38134

$70,000

— beds— baths— sq ft

0 Blackwell St, Bartlett, TN 38134

Property at 2892 Clearwood Rd, Memphis, TN 38134

$68,800

— beds— baths— sq ft

2892 Clearwood Rd, Memphis, TN 38134

Property at Clayton 102 River Bluff Estates Plan, P5x85m Memphis, TN 38128, 3 beds, 2 baths

$172,500

3 beds2 baths1,344 sq ft

Clayton 102 River Bluff Estates Plan, P5x85m Memphis, TN 38128

Listing provided by Zillow

Property at Champion 33 River Bluff Estates Plan, Ea3uu8 Memphis, TN 38128, 3 beds, 2 baths

$154,900

3 beds2 baths1,182 sq ft

Champion 33 River Bluff Estates Plan, Ea3uu8 Memphis, TN 38128

Listing provided by Zillow

Property at Clayton 106 River Bluff Estates Plan, N41rzp Memphis, TN 38128, 3 beds, 2 baths

$172,500

3 beds2 baths1,344 sq ft

Clayton 106 River Bluff Estates Plan, N41rzp Memphis, TN 38128

Listing provided by Zillow

Property at 2987 Frayser-raleigh Rd, Memphis, TN 38128

$275,000

— beds— baths— sq ft

2987 Frayser-raleigh Rd, Memphis, TN 38128

Property at 2995 Frayser-raleigh Rd, Memphis, TN 38128

$275,000

— beds— baths— sq ft

2995 Frayser-raleigh Rd, Memphis, TN 38128

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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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