Cheap homes for sale & real estate in New Chicago, TN

18 homes

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ABOUT THIS HOME
Cheap Home for sale in New Chicago, TN:
Historic brick home, formerly a boarding house with 4 bedrooms. Needs full renovation. Solid structure and great potential. No Wholesalers, No Seller Finance !

$41,000

3 beds1 bath— sq ft

1212 Capital Ave, Memphis, TN 38107

6,534 sq ft lot • Built 1947 • Listed 2 days

ABOUT THIS HOME
Cheap Home for sale in New Chicago, TN:
Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No wholesaler or assignment of contract offers will be accepted. There are 2 duplexes in one lot/parcel. 1275/1277 Smith and 1281/1283 Smith. 1277 Smith - $500 rent / month to month lease 1275 Smith - Vacant 1281 Smith - $650 rent / month to month lease 1283 Smith - $500 rent / Lease until October 21, 2026

$189,900

6 beds4 baths— sq ft

1277 Smith Ave, Memphis, TN 38107

Built 1995 • Listed 3 days

ABOUT THIS HOME
Cheap Home for sale in New Chicago, TN:
Investment property, tenant rights. Don't approach.

$70,000

3 beds2 baths1,879 sq ft

1240 Louisville Ave, Memphis, TN 38107

5,227 sq ft lot • Built 1968

Listing provided by REALTRACS as Distributed by MLS Grid

ABOUT THIS HOME
Cheap Home for sale in New Chicago, TN:
This well-maintained 3-bedroom, 1-bath home is a solid rental property with consistent income. The current tenant has a strong history of on-time payments, providing reliable cash flow. Inside, the home is clean and cared for, with no major maintenance issues. The exterior and yard are also kept in good condition, reflecting pride of occupancy. This property is an excellent turnkey investment opportunity. These are the most recent pictures of the interior. Interior maybe in different condition.

$110,000

3 beds1 bath— sq ft

1137 Kney St, Memphis, TN 38107

5,662 sq ft lot • Parking • Built 1920

ABOUT THIS HOME
Cheap Home for sale in New Chicago, TN:
Great investment property. Needs full rehab Perfect for rental or rooming housing

$30,000

2 beds1 bath671 sq ft

1253 Capital Dr, Memphis, TN 38107

3,049 sq ft lot • Built 1949

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 1014 N Dunlap St, Memphis, TN 38107, 3 beds, 2 baths

$67,250

3 beds2 baths— sq ft

1014 N Dunlap St, Memphis, TN 38107

Property at 964 Chelsea Ave, Memphis, TN 38107, 3 beds, 1 bath

$255,000

3 beds1 bath— sq ft

964 Chelsea Ave, Memphis, TN 38107

Property at 943 N Manassas St, Memphis, TN 38107, 2 beds, 1 bath

$135,000

2 beds1 bath— sq ft

943 N Manassas St, Memphis, TN 38107

Property at 879 Tully St, Memphis, TN 38107, 3 beds, 1 bath

$90,000

3 beds1 bath— sq ft

879 Tully St, Memphis, TN 38107

Property at 1124 Decatur St, Memphis, TN 38107

$5,000

— beds— baths— sq ft

1124 Decatur St, Memphis, TN 38107

Property at 1417 N Bellevue Blvd, Memphis, TN 38107

$7,500

— beds— baths— sq ft

1417 N Bellevue Blvd, Memphis, TN 38107

Property at 944 Tully St, Memphis, TN 38107

$20,000

— beds— baths— sq ft

944 Tully St, Memphis, TN 38107

Property at 937 Tully St, Memphis, TN 38107

$20,000

— beds— baths— sq ft

937 Tully St, Memphis, TN 38107

Property at 935 Tully St, Memphis, TN 38107

$20,000

— beds— baths— sq ft

935 Tully St, Memphis, TN 38107

Property at 933 Tully St, Memphis, TN 38107

$20,000

— beds— baths— sq ft

933 Tully St, Memphis, TN 38107

Property at 707 Wortham Ave, Memphis, TN 38107

$20,000

— beds— baths— sq ft

707 Wortham Ave, Memphis, TN 38107

Property at 0 Clyde Ave, Memphis, TN 38107

$5,000

— beds— baths— sq ft

0 Clyde Ave, Memphis, TN 38107

Property at 1431 N Bellevue Blvd, Memphis, TN 38107

$7,500

— beds— baths— sq ft

1431 N Bellevue Blvd, Memphis, TN 38107

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ABOUT THIS HOME
Cheap Home for sale in New Chicago, TN:
7-bedroom rooming home Vacant as of now. Sold as is. 773 Alma can be sold as a package.

$70,000

4 beds2 baths— sq ft

775 Alma St, Memphis, TN 38107

2,613 sq ft lot • Parking • Built 1922

ABOUT THIS HOME
Cheap Home for sale in New Chicago, TN:
Brick 1 bedroom 1 bath can be sold as a package with 775 alma St. No Wholesalers, No Seller Finance !

$12,000

1 bed1 bath— sq ft

773 Alma St, Memphis, TN 38107

2,613 sq ft lot • Built 1934 • Listed 2 days

ABOUT THIS HOME
Cheap Home for sale in New Chicago, TN:
Charming Midtown Bungalow in Historic Vollintine-Evergreen! Full of character and ideally situated near Crosstown Concourse, Rhodes College, and just minutes from the Medical Center and Downtown. This inviting 3-bedroom, 2-bath home offers hardwood floors, tile in the kitchen, bathrooms, and sunroom, plus a screened-in front porch perfect for relaxing. Recent updates include in 2021 a roof, new HVAC system, and tankless water heater for peace of mind. The modern kitchen is fully equipped with a stove/oven, microwave, refrigerator, and dishwasher — and the washer and dryer stay! Gated rear parking adds both convenience and security.

$220,000

3 beds2 baths— sq ft

840 Garland Ave, Memphis, TN 38107

Crosstown concourse • Medical center • Rhodes college

NEW CONSTRUCTION

ABOUT THIS HOME
Cheap Home for sale in New Chicago, TN:
This beautiful 3-bedroom, 2-bath home, can be 100% financed through Cadence Bank, is thoughtfully designed for modern living. Featuring architectural roof shingles backed by a 30-year manufacturer’s limited warranty, the residence combines durability with style. The primary bathroom impresses with double closets and his-and-hers vanities, providing ample space and convenience. With soaring 8-foot ceilings and energy-efficient windows, the home is bright and welcoming while helping to reduce utility costs. Additional features include a mailbox and doorbell with chime, complemented by a solar alarm system with floodlights, ensuring security and peace of mind. * * * Plus, the builder i

$192,000

3 beds2 baths— sq ft

1114 N Watkins St, Memphis, TN 38107

Double closets • Solar alarm system • Built 2025

ABOUT THIS HOME
Cheap Home for sale in New Chicago, TN:
This is a 2 bedroom 1 bathroom home with gas cooking being priced to sell. One of the most affordable houses in the area. Lot of house for the money. Could be a great primary residence or investment property. Cash offers only, please do inspections upfront. Property being sold as-is. Seller won't make repairs or remove any of the debris or furnishings. Once rehabbed this home could be worth a lot of money. No creative or owner financing. Please go view the home and make an offer with no inspection or financing contingencies (it is vacant). Immediate Occupancy available! Seller also selling 1688 Pendleton ($84,999).

$28,599

2 beds1 bath— sq ft

834 Crockett St, Memphis, TN 38107

3,049 sq ft lot • Built 1970 • Listed 22 days

ABOUT THIS HOME
Cheap Home for sale in New Chicago, TN:
Nice solid brick home that would be a great rental os for a home owner will to do some cosmetic work.

$129,900

3 beds1 bath— sq ft

975 N Avalon St, Memphis, TN 38107

5,662 sq ft lot • Built 1930 • Listed 23 days

Property at 815 N Avalon St, Memphis, TN 38107, 4 beds, 2 baths

$259,900

4 beds2 baths— sq ft

815 N Avalon St, Memphis, TN 38107

Property at 795 Alma St, Memphis, TN 38107, 2 beds, 1 bath

$39,000

2 beds1 bath— sq ft

795 Alma St, Memphis, TN 38107

Property at 768 Ayers St, Memphis, TN 38107, 3 beds, 1 bath

$49,400

3 beds1 bath— sq ft

768 Ayers St, Memphis, TN 38107

Property at 1003 Garland St, Memphis, TN 38107, 3 beds, 2 baths

$184,900

3 beds2 baths— sq ft

1003 Garland St, Memphis, TN 38107

Property at 708 Bethel Ave, Memphis, TN 38107, 4 beds, 2 baths

$229,500

4 beds2 baths— sq ft

708 Bethel Ave, Memphis, TN 38107

Property at 826 N Willett St, Memphis, TN 38107, 2 beds, 1 bath

$179,900

2 beds1 bath— sq ft

826 N Willett St, Memphis, TN 38107

Property at 813 N Dunlap St, Memphis, TN 38107, 4 beds, 2 baths

$105,000

4 beds2 baths— sq ft

813 N Dunlap St, Memphis, TN 38107

Property at 915 Garland St, Memphis, TN 38107, 3 beds, 2 baths

$199,900

3 beds2 baths— sq ft

915 Garland St, Memphis, TN 38107

Property at 969 Jehl Pl, Memphis, TN 38107, 3 beds, 1 bath

$51,500

3 beds1 bath— sq ft

969 Jehl Pl, Memphis, TN 38107

Property at 889 N Avalon St, Memphis, TN 38107, 4 beds, 1.5 baths

$243,000

4 beds1.5 baths— sq ft

889 N Avalon St, Memphis, TN 38107

Property at 829 N Dunlap St, Memphis, TN 38107, 2 beds, 2 baths

$90,000

2 beds2 baths— sq ft

829 N Dunlap St, Memphis, TN 38107

Property at 855 Garland St, Memphis, TN 38107, 3 beds, 2 baths

$215,000

3 beds2 baths— sq ft

855 Garland St, Memphis, TN 38107

Property at 768 Pearce St, Memphis, TN 38107

$16,500

— beds— baths— sq ft

768 Pearce St, Memphis, TN 38107

Property at 1345 Nicholas St, Memphis, TN 38107

$8,000

— beds— baths— sq ft

1345 Nicholas St, Memphis, TN 38107

Cheap Homes for Sale in New Chicago

There are currently 18 cheap homes for sale in New Chicago at a median listing price of $75K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in New Chicago stay on the market for 135 days. Popular neighborhoods include Downtown Memphis, Harbor Town, Midtown, Mud Island, and Central Gardens. This map is refreshed with the newest listings in New Chicago every 15 minutes.

In the past month, 1 home has been sold in New Chicago. In addition to houses in New Chicago, there were also 0 condos, 0 townhouses, and 1 multi-family unit for sale in New Chicago last month. Find your dream home in New Chicago 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 New Chicago are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in New Chicago. If you're looking to sell your home in the New Chicago area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in New Chicago 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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