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

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ABOUT THIS HOME
Cheap Home for sale in South City, TN:
Excellent opportunity for builders or future homeowners! This property provides a great foundation for your next project, whether you’re looking to build a personal residence or an investment home. Located near downtown Memphis, this lot offers convenient access to shopping, dining, schools, and major roadways. Positioned in an area experiencing new growth and revitalization, it’s the right mix of location, value, and potential. Bring your plans and make your vision a reality!

$39,000

— beds— baths— sq ft

500 E Georgia Ave, Memphis, TN 38126

5,662 sq ft lot • Listed 28 days

ABOUT THIS HOME
Cheap Home for sale in South City, TN:
Great Vacant Lot Downtown. Close to Wiseacre Brewery. Ripe For Development. Possible Owner Financing!

$40,000

— beds— baths— sq ft

317 E Georgia Ave, Memphis, TN 38126

Vacant lot • Ripe for development • Downtown

ABOUT THIS HOME
Cheap Home for sale in South City, TN:
Great Downtown Development Opportunity! Incentives available through Downtown Memphis Commission.

$25,000

— beds— baths— sq ft

475 E Georgia Ave, Memphis, TN 38126

6,969 sq ft lot • Listed 38 days

ABOUT THIS HOME
Cheap Home for sale in South City, TN:
Great development opportunity in Downtown Memphis. 2 lot package Deal 471 & 475 E Georgia Ave. Right next to newly developed South City and Historical GE Patterson.

$25,000

— beds— baths— sq ft

471 E Georgia Ave, Memphis, TN 38126

Lot package • 6,098 sq ft lot • Listed 38 days

ABOUT THIS HOME
Cheap Home for sale in South City, TN:
Great parcel of land for a developer or investor! Willing to sell as a bundle with other lots.

$12,500

— beds— baths— sq ft

Driver St, Memphis, TN 38126

3,049 sq ft lot • Listed 401 days

Property at 641 S Danny Thomas Blvd, Memphis, TN 38126

$299,900

— beds— baths— sq ft

641 S Danny Thomas Blvd, Memphis, TN 38126

Property at 743 E Pontotoc Ave, Memphis, TN 38126

$75,000

— beds— baths— sq ft

743 E Pontotoc Ave, Memphis, TN 38126

$12,500

— beds— baths— sq ft

Wicks St, Memphis, TN 38126

Property at 648 E Pontotoc Ave, Memphis, TN 38126

$440,000

— beds— baths— sq ft

648 E Pontotoc Ave, Memphis, TN 38126

Property at 640 E Pontotoc Ave, Memphis, TN 38126

$37,000

— beds— baths— sq ft

640 E Pontotoc Ave, Memphis, TN 38126

Property at 705 E Pontotoc Ave, Memphis, TN 38126

$225,000

— beds— baths— sq ft

705 E Pontotoc Ave, Memphis, TN 38126

Property at 679 E Pontotoc Ave, Memphis, TN 38126

$142,000

— beds— baths— sq ft

679 E Pontotoc Ave, Memphis, TN 38126

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ABOUT THIS HOME
Cheap Home for sale in South City, TN:
This investment property is seeking to be the newest addition to a lucky investors portfolio! currently rented at $1200 a month with no renovation needed. Home was completely updated from a 2 year old roof, new plumbing, and updated kitchen. What are you waiting for? No wholesale or assignment offers

$89,500

3 beds2 baths— sq ft

862 S Lauderdale St, Memphis, TN 38126

2 year old roof • New plumbing • Updated kitchen

$180,000

3 beds2 baths— sq ft

620 Williams Ave, Memphis, TN 38126

Built 2025 • Listed 15 days

ABOUT THIS HOME
Cheap Home for sale in South City, TN:
Downtown living at its best! This 2/2.5 bath townhome has NO HOA, COMES FURNISHED, so SHORT TERM RENTALS ARE ALLOWED! Home features open floor plan, roof top porch, 2 car covered garage.

$420,000

2 beds2.5 baths— sq ft

49 Vance Ave #49, Memphis, TN 38103

Roof top porch • Comes furnished • No hoa

ABOUT THIS HOME
Cheap Home for sale in South City, TN:
Step into timeless charm with this stunning 1BR/1BA condo in the heart of Downtown on historic Cotton Row. Featuring soaring 12-foot ceilings and original hardwood floors, this residence blends timeless character with modern convenience. All on one level, the open layout offers both comfort and style, perfect for entertaining or relaxing. Location is unbeatable—just one block from Main Street and four blocks from the vibrant Beale Street Entertainment District, you’ll have dining, shopping, and nightlife at your doorstep. Whether you’re seeking a chic urban retreat or a prime investment opportunity, this condo delivers the best of city living with unmatched walkability and

$125,000

1 bed1 bath— sq ft

107 S Front St #41, Memphis, TN 38103

Open layout • 12 foot ceilings • Built 1910

ABOUT THIS HOME
Cheap Home for sale in South City, TN:
Welcome home! This spacious, move-in ready 3BR, 2.5BA home is in excellent condition and full of updates. Step inside to a bright 2-story foyer that leads into a comfortable great room—perfect for relaxing after a long day. The eat-in kitchen features ample counter space, pantry, and stainless steel appliances including range, oven, microwave, dishwasher, and refrigerator. Enjoy your morning coffee in the cheerful breakfast area. The downstairs primary suite offers a private bath and walk-in closet. Upstairs you’ll find a versatile loft area ideal for a home office, plus two additional bedrooms and a shared bath. Fresh interior paint, new carpet, new gutters, landscaping, and a

$185,000

3 beds2.5 baths— sq ft

866 E Williams Ave, Memphis, TN 38126

2 story foyer • Eat in kitchen • Primary suite

ABOUT THIS HOME
Cheap Home for sale in South City, TN:
* Location, Location, LOCATION * 1Br/2Ba on the river, in the coveted Barton Flats condos in the historic Downtown core. Short distance to everything. STUNNING view of the river from the rooftop deck! High ceilings, spacious bathrooms, Extra storage space in basement. Beautiful pine wood floor, original brick & massive wood beams from 19th century! Low HOA fee at $279/month. * * * NO SHORT TERM RENTAL * * * Currently listed for rent at $1695 per month

$224,900

1 bed2 baths— sq ft

50 Gayoso Ave #306, Memphis, TN 38103

Extra storage space • Rooftop deck • Massive wood beams

Property at 107 S Front St #36, Memphis, TN 38103, 2 beds, 1 bath

$275,000

2 beds1 bath— sq ft

107 S Front St #36, Memphis, TN 38103

Property at 110 Vance Ave, Memphis, TN 38103, 2 beds, 2.5 baths

$400,000

2 beds2.5 baths— sq ft

110 Vance Ave, Memphis, TN 38103

Property at 200 Wagner Pl #507, Memphis, TN 38103, 1 bed, 1 bath

$200,000

1 bed1 bath— sq ft

200 Wagner Pl #507, Memphis, TN 38103

Property at 65 W Pontotoc Ave #102, Memphis, TN 38103, 2 beds, 2.5 baths

$299,000

2 beds2.5 baths— sq ft

65 W Pontotoc Ave #102, Memphis, TN 38103

Property at 65 E Pontotoc Ave #303, Memphis, TN 38103, 2 beds, 2.5 baths

$450,000

2 beds2.5 baths— sq ft

65 E Pontotoc Ave #303, Memphis, TN 38103

Property at 276 E Alston Ave, Memphis, TN 38126, 2 beds, 1 bath

$85,000

2 beds1 bath— sq ft

276 E Alston Ave, Memphis, TN 38126

Property at 437 Monroe Ave #111, Memphis, TN 38103, 1 bed, 1 bath

$109,900

1 bed1 bath— sq ft

437 Monroe Ave #111, Memphis, TN 38103

Property at 95 S Main St #101, Memphis, TN 38103, 3 beds, 4 baths

$350,000

3 beds4 baths— sq ft

95 S Main St #101, Memphis, TN 38103

Property at 200 Wagner Pl #706, Memphis, TN 38103, 2 beds, 2 baths

$248,900

2 beds2 baths— sq ft

200 Wagner Pl #706, Memphis, TN 38103

Property at 262 Wagner Pl #402, Memphis, TN 38103, 2 beds, 2 baths

$449,000

2 beds2 baths— sq ft

262 Wagner Pl #402, Memphis, TN 38103

Property at 107 S Front St S #34, Memphis, TN 38103, 2 beds, 1 bath

$185,000

2 beds1 bath— sq ft

107 S Front St S #34, Memphis, TN 38103

Property at 646 E Alston Ave, Memphis, TN 38126

$20,000

— beds— baths— sq ft

646 E Alston Ave, Memphis, TN 38126

Property at 481 E E H Crump Blvd, Memphis, TN 38126

$15,000

— beds— baths— sq ft

481 E E H Crump Blvd, Memphis, TN 38126

Property at 264 E Alston Ave, Memphis, TN 38126

$9,500

— beds— baths— sq ft

264 E Alston Ave, Memphis, TN 38126

Cheap Homes for Sale in South City

There are currently 12 cheap homes for sale in South City at a median listing price of $508K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in South City stay on the market for 123 days. Popular neighborhoods include Downtown Memphis, Cooper Young, Midtown, Mud Island, and Central Gardens. This map is refreshed with the newest listings in South City every 15 minutes.

In the past month, 3 homes have been sold in South City. In addition to houses in South City, there was also 1 condo, 1 townhouse, and 1 multi-family unit for sale in South City last month. Find your dream home in South City 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 City are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in South City. If you're looking to sell your home in the South City area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in South City with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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