Cheap homes for sale & real estate in South Memphis, TN

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ABOUT THIS HOME
Cheap Home for sale in South Memphis, TN:
Investor alert! 1660 S Wellington St is a 2-bed, 1-bath brick home in South Memphis with hardwood floors, central heat, and a fenced backyard on a spacious 0.24-acre lot. Built in 1926, this traditional-style property offers 1,100 sq ft of potential and sits on a quiet street near local amenities. Features include a fireplace, separate living/dining rooms, and wrought iron security doors. Vacant and easy to show—ideal for renovation or rental. This property is being sold as part of a multi-home package deal. Additional properties include: 1823 Cedarhurst Ave – $83,000, 2220 Hillside Ave – $100,000, and 2607 Barron Ave – $497,000. Contact agent for full details.

$79,000

2 beds1 bath— sq ft

1660 S Wellington St, Memphis, TN 38106

0.24 acre lot • Built 1926 • Listed 84 days

ABOUT THIS HOME
Cheap Home for sale in South Memphis, TN:
Investor alert! This 2-bed, 1-bath South Memphis bungalow offers 1,136 sq ft of potential. Built in 1920, it features a spacious living room, separate dining, and sits on a 5,662 sq ft lot. Currently rented for $765/month, with a Rent Zestimate® of $923/month. Minutes from Elvis Presley Blvd and South Parkway West. Driveway parking, mature trees, and classic charm. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. DO NOT DISTURB TENANTS. Property is part of a discounted investor package with: • 3597 Baine Ave – $76,000 • 48 W Belle Haven Rd – $76,000 • 140 Cedar Ave – $66,000

$71,000

2 beds1 bath— sq ft

1514 S Willett St, Memphis, TN 38106

Separate dining • Classic charm • Driveway parking

ABOUT THIS HOME
Cheap Home for sale in South Memphis, TN:
Investor-friendly 3 bed, 1 bath home on an elongated lot in South Memphis. Features include tile flooring, central heat and air, gas water heater, fresh interior paint (6 months old), concrete drive pad, and backyard shed. Located near Southgate Shopping Center, T. O. Fuller State Park, and minutes from downtown with easy access to I-55. Tenant occupied—do not disturb. Showings only with accepted offer. Offered as part of a 4-property package: 1698 Rayner St ($90,000), 1715 Whitney Ave ($82,000), 690 Hazelwood Rd ($88,000), and 3506 Kendrick Rd ($57,000). Discount offered with packaged sale. Strong rental potential in a growing area.

$90,000

3 beds1 bath— sq ft

1698 Rayner St, Memphis, TN 38106

Expansive lot • Gas water heater • Concrete drive pad

ABOUT THIS HOME
Cheap Home for sale in South Memphis, TN:
INVESTOR'S WANTED: Exciting Fix & Flip Opportunity in Memphis, TN with strong ROI potential. 3 bed, 2 bath with 1,150 sqft and 7,650 sqft lot, built in 1946. Property will be delivered completely cleaned out of all clutter seen in photos. Interested in a package deal and doing two flips side-by-side? The property directly across the street is also available (1407 Eloise Rd).

$34,500

3 beds2 baths1,150 sq ft

1408 Eloise Rd, Memphis, TN 38106

7,840 sq ft lot • Built 1946

Listing provided by REALTRACS as Distributed by MLS Grid

ABOUT THIS HOME
Cheap Home for sale in South Memphis, TN:
This 3BR / 1 & 1/2 bath home could also be used as a 4 Bedroom home. Roof is less than 3 years old, has Central A/H and new Water Heater installed. Hardwood floors in the living areas, LVP in the kitchen. Renovated in 2022. Has a nice, level back yard that's great for pets, kids playing, family gatherings or quiet times. Less than 10 minutes to downtown Memphis and 10 Minutes to the Memphis Airport/ FedEx. Great location on a quiet street w/ seasoned home owners. Priced to sell. No wholesale offers. owner. agent

$97,500

3 beds1.5 baths— sq ft

171 E Frank Ave, Memphis, TN 38109

Lvp in kitchen • Great location • New water heater

Property at 2410 Hollyford Rd, Memphis, TN 38114, 3 beds, 1 bath

$105,000

3 beds1 bath— sq ft

2410 Hollyford Rd, Memphis, TN 38114

Property at 1554 Pillow St, Memphis, TN 38106, 2 beds, 1 bath

$28,000

2 beds1 bath— sq ft

1554 Pillow St, Memphis, TN 38106

Property at 770 Cherokee Ave, Memphis, TN 38106, 3 beds, 2 baths

$169,900

3 beds2 baths— sq ft

770 Cherokee Ave, Memphis, TN 38106

Property at 1238 Marksman St St, Memphis, TN 38106, 3 beds, 2 baths

$95,000

3 beds2 baths— sq ft

1238 Marksman St St, Memphis, TN 38106

Property at 2196 Ketchum Rd, Memphis, TN 38114, 4 beds, 2 baths

$129,000

4 beds2 baths— sq ft

2196 Ketchum Rd, Memphis, TN 38114

Property at 488 Laclede Ave, Memphis, TN 38126, 10 beds, 6 baths

$189,000

10 beds6 baths— sq ft

488 Laclede Ave, Memphis, TN 38126

Property at 1372 South Ave, Memphis, TN 38106, 2 beds, 1 bath

$85,000

2 beds1 bath— sq ft

1372 South Ave, Memphis, TN 38106

Property at 1971 Boyle Ave, Memphis, TN 38114, 2 beds, 1 bath

$72,000

2 beds1 bath— sq ft

1971 Boyle Ave, Memphis, TN 38114

Property at 1400 Willie Mitchell Blvd S, Memphis, TN 38106, 8 beds, 3 baths

$50,000

8 beds3 baths— sq ft

1400 Willie Mitchell Blvd S, Memphis, TN 38106

Property at 1661 Humber St, Memphis, TN 38106, 3 beds, 1.5 baths

$50,000

3 beds1.5 baths— sq ft

1661 Humber St, Memphis, TN 38106

Property at 1852 Swift St, Memphis, TN 38109, 3 beds, 2 baths

$130,000

3 beds2 baths— sq ft

1852 Swift St, Memphis, TN 38109

Property at 26 E Bodley Ave, Memphis, TN 38109, 2 beds, 1 bath

$7,500

2 beds1 bath— sq ft

26 E Bodley Ave, Memphis, TN 38109

Property at 358 Fields Ave, Memphis, TN 38109, 4 beds, 1.5 baths

$49,900

4 beds1.5 baths— sq ft

358 Fields Ave, Memphis, TN 38109

Property at 1420 Cameron Dr, Memphis, TN 38106, 2 beds, 1 bath

$89,900

2 beds1 bath— sq ft

1420 Cameron Dr, Memphis, TN 38106

Property at 96 Modder Ave, Memphis, TN 38109, 2 beds, 2 baths

$118,000

2 beds2 baths— sq ft

96 Modder Ave, Memphis, TN 38109

Property at 1322 Sardis Dr, Memphis, TN 38106, 3 beds, 1 bath

$80,000

3 beds1 bath— sq ft

1322 Sardis Dr, Memphis, TN 38106

Property at 613 Wicks Ave, Memphis, TN 38126, 2 beds, 1 bath

$50,000

2 beds1 bath— sq ft

613 Wicks Ave, Memphis, TN 38126

Property at 1260 Greenwood St, Memphis, TN 38106, 3 beds, 1 bath

$96,000

3 beds1 bath— sq ft

1260 Greenwood St, Memphis, TN 38106

Property at 1093 Saxon Ave, Memphis, TN 38106, 2 beds, 1 bath

$69,500

2 beds1 bath— sq ft

1093 Saxon Ave, Memphis, TN 38106

Property at 2048 Benton St, Memphis, TN 38106, 2 beds, 1 bath

$85,000

2 beds1 bath— sq ft

2048 Benton St, Memphis, TN 38106

Property at 115 E Dempster Ave, Memphis, TN 38109, 4 beds, 1 bath

$39,500

4 beds1 bath— sq ft

115 E Dempster Ave, Memphis, TN 38109

Property at 1721 W Silver St, Memphis, TN 38106, 4 beds, 2 baths

$129,900

4 beds2 baths— sq ft

1721 W Silver St, Memphis, TN 38106

Property at 1493 Ragan St, Memphis, TN 38106, 2 beds, 1 bath

$85,000

2 beds1 bath— sq ft

1493 Ragan St, Memphis, TN 38106

Property at 1394 Chadwick Cir, Memphis, TN 38114, 4 beds, 2 baths

$205,000

4 beds2 baths— sq ft

1394 Chadwick Cir, Memphis, TN 38114

Property at 285 Lucy Ave, Memphis, TN 38106, 8 beds

$315,000

8 beds— baths— sq ft

285 Lucy Ave, Memphis, TN 38106

Property at 538 E Davant Ave, Memphis, TN 38106, 3 beds, 1 bath

$79,000

3 beds1 bath— sq ft

538 E Davant Ave, Memphis, TN 38106

Property at 487 Williams Ave, Memphis, TN 38126, 12 beds

$379,000

12 beds— baths— sq ft

487 Williams Ave, Memphis, TN 38126

Property at 1473 Carlton Rd, Memphis, TN 38106, 2 beds, 1 bath

$29,900

2 beds1 bath782 sq ft

1473 Carlton Rd, Memphis, TN 38106

Property at 119 Dove Ave, Memphis, TN 38106, 3 beds, 2 baths

$30,949

3 beds2 baths1,092 sq ft

119 Dove Ave, Memphis, TN 38106

Property at 245 Kirk Ave, Memphis, TN 38109, 2 beds, 1 bath

$25,000

2 beds1 bath— sq ft

245 Kirk Ave, Memphis, TN 38109

Property at 1092 Talley Pl, Memphis, TN 38106, 3 beds, 2 baths

$79,900

3 beds2 baths— sq ft

1092 Talley Pl, Memphis, TN 38106

Property at 1264 Mississippi Blvd, Memphis, TN 38106, 3 beds, 1 bath

$49,670

3 beds1 bath— sq ft

1264 Mississippi Blvd, Memphis, TN 38106

Property at 1404 Preston St, Memphis, TN 38106, 2 beds, 1 bath

$39,670

2 beds1 bath— sq ft

1404 Preston St, Memphis, TN 38106

Property at 361 Jacklyn Ave, Memphis, TN 38106, 2 beds, 1 bath

$83,000

2 beds1 bath— sq ft

361 Jacklyn Ave, Memphis, TN 38106

Property at 1869 S Lauderdale St, Memphis, TN 38106, 2 beds, 2 baths

$117,900

2 beds2 baths— sq ft

1869 S Lauderdale St, Memphis, TN 38106

Property at 362 Edith Ave, Memphis, TN 38126, 4 beds, 2 baths

$189,900

4 beds2 baths— sq ft

362 Edith Ave, Memphis, TN 38126

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Cheap Homes for Sale in South Memphis

There are currently 237 cheap homes for sale in South Memphis at a median listing price of $85K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in South Memphis stay on the market for 92 days. Popular neighborhoods include Downtown Memphis, Cooper Young, Midtown, Whitehaven, and Mud Island. This map is refreshed with the newest listings in South Memphis every 15 minutes.

In the past month, 22 homes have been sold in South Memphis. In addition to houses in South Memphis, there was also 1 condo, 1 townhouse, and 15 multi-family units for sale in South Memphis last month. Find your dream home in South Memphis 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 South Memphis are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in South Memphis. If you're looking to sell your home in the South Memphis area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in South Memphis 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 Sat Nov 29 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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