Cheap homes for sale & real estate in 38106, TN

174 homes

Sort:

Recommended

NEW CONSTRUCTION

ABOUT THIS HOME
Cheap Home for sale in 38106, TN:
This new 3 bedroom, 2 full baths with a fireplace offers you the opportunity to have an open concept home. Fenced in backyard, wood flooring, granite counter-tops, a large master bedroom, large master closet and more. Stop by today and see why this home was made for you. Qualifies for the City of Memphis DPA program $25,000. Seller offering closing cost

$205,000

3 beds2 baths1,802 sq ft

1616 Foster Ave, Memphis, TN 38106

6,969 sq ft lot • 2 parking spots • Built 2023

Listing provided by REALTRACS as Distributed by MLS Grid

ABOUT THIS HOME
Cheap Home for sale in 38106, TN:
* * * OPPORTUNITY In Memphis !! * * This 4-bedroom, 1-bath home offers excellent POTENTIAL. With a functional layout and a manageable footprint. Partially renovated with a great opportunity to make this home more personal. It is ideal, as well for a fantastic investment opportunity. Located in a convenient area near amenities and major highways. Don't miss out on adding this gem to your portfolio.

$69,000

4 beds1 bath— sq ft

1276 Saxon Ave, Memphis, TN 38106

9,147 sq ft lot • Built 2002 • Listed 55 days

ABOUT THIS HOME
Cheap Home for sale in 38106, TN:
Stunning Fully Rehabbed 2-Bedroom Retreat in a Serene Neighborhood Discover your dream home in this meticulously renovated 2-bedroom, 1-bath gem, nestled in a peaceful, family-friendly neighborhood. Perfect for a small family, a bachelor, or a downsizing couple, this charming residence blends modern luxury with timeless character. Step inside to find gleaming original hardwood floors that add warmth and elegance to every room. The brand-new kitchen is a chef’s delight, featuring sleek cabinetry, top-of-the-line appliances, and stylish finishes that make meal prep a joy. The luxurious bathroom is a spa-inspired haven, boasting high-end fixtures, contemporary design, and a soothing ambi

$115,000

2 beds1 bath— sq ft

1872 Benning St, Memphis, TN 38106

Fully rehabbed • High-end fixtures • Brand-new kitchen

ABOUT THIS HOME
Cheap Home for sale in 38106, TN:
Welcome to this quaint cozy two bedroom home! This home features a spacious living room and dining room right off of the kitchen, two spacious bedroom, a nice full bathroom and separate storage room in the back. Owner has done optional upgrades including new lighting package, tile floors in kitchen and bathroom and new laminate flooring in the storage room. Large backyard provide ample space for pets or family gatherings. Move-in ready for a homeowner or an investor looking to add to their portfolio! Call today.

$88,000

2 beds1 bath— sq ft

442 Jacklyn Ave, Memphis, TN 38106

Tile floors • New lighting package • Spacious bedroom

ABOUT THIS HOME
Cheap Home for sale in 38106, TN:
Great investment opportunity! This 4-unit multi-family property is PRICED TO SELL and features 2 ea. 1 bedroom/1 bath downstairs and 2 ea. upstairs. 2 units are occupied so no showings without an appointment. 2 will need rehabbed. Property sold AS-IS. Parking area in the rear. Full rehab estimate is $320,000.

$275,000

4 beds— baths— sq ft

1535 Gaither St Unit 1-4, Memphis, TN 38106

Built 1970 • Listed 56 days

Property at 672 E Davant Ave E, Memphis, TN 38106, 3 beds, 2 baths

$59,900

3 beds2 baths— sq ft

672 E Davant Ave E, Memphis, TN 38106

Property at 1560 Cane Rd, Memphis, TN 38106, 3 beds, 2 baths

$114,900

3 beds2 baths— sq ft

1560 Cane Rd, Memphis, TN 38106

Property at 396 Fernwood Ave, Memphis, TN 38106, 2 beds, 1 bath

$54,900

2 beds1 bath— sq ft

396 Fernwood Ave, Memphis, TN 38106

Property at 1305 Adelaide St, Memphis, TN 38106, 2 beds, 1 bath

$57,750

2 beds1 bath— sq ft

1305 Adelaide St, Memphis, TN 38106

Property at 90 E Trigg Ave, Memphis, TN 38106, 2 beds, 1 bath

$67,250

2 beds1 bath— sq ft

90 E Trigg Ave, Memphis, TN 38106

Property at 1273 Edith Ave, Memphis, TN 38106, 3 beds, 1 bath

$35,000

3 beds1 bath— sq ft

1273 Edith Ave, Memphis, TN 38106

Property at 1371 S Parkway St, Memphis, TN 38106, 3 beds, 1 bath

$158,000

3 beds1 bath— sq ft

1371 S Parkway St, Memphis, TN 38106

Property at 1385 Eloise Rd, Memphis, TN 38106, 2 beds, 1 bath

$39,900

2 beds1 bath— sq ft

1385 Eloise Rd, Memphis, TN 38106

Property at 944 Alice Ave, Memphis, TN 38106, 4 beds, 2 baths

$120,000

4 beds2 baths— sq ft

944 Alice Ave, Memphis, TN 38106

Property at 1026 Shawnee Cir, Memphis, TN 38106, 3 beds, 2 baths

$75,000

3 beds2 baths— sq ft

1026 Shawnee Cir, Memphis, TN 38106

Property at 1277 Englewood St, Memphis, TN 38106, 4 beds, 2 baths

$179,900

4 beds2 baths— sq ft

1277 Englewood St, Memphis, TN 38106

Property at 766 E Person Ave, Memphis, TN 38106, 3 beds, 2 baths

$114,900

3 beds2 baths— sq ft

766 E Person Ave, Memphis, TN 38106

Property at 1649 Pillow Rd, Memphis, TN 38106, 1 bed, 1 bath

$60,000

1 bed1 bath— sq ft

1649 Pillow Rd, Memphis, TN 38106

Property at 1839 Orleans St, Memphis, TN 38106, 3 beds, 2 baths

$120,000

3 beds2 baths— sq ft

1839 Orleans St, Memphis, TN 38106

Property at 1025 Wichita Ave, Memphis, TN 38106, 6 beds, 4 baths

$115,000

6 beds4 baths— sq ft

1025 Wichita Ave, Memphis, TN 38106

Property at 1826 Norfolk St, Memphis, TN 38106, 4 beds, 2 baths

$189,900

4 beds2 baths— sq ft

1826 Norfolk St, Memphis, TN 38106

Property at 1660 S Wellington St, Memphis, TN 38106, 2 beds, 1 bath

$79,000

2 beds1 bath— sq ft

1660 S Wellington St, Memphis, TN 38106

Property at 1514 S Willett St, Memphis, TN 38106, 2 beds, 1 bath

$71,000

2 beds1 bath— sq ft

1514 S Willett St, Memphis, TN 38106

Property at 1698 Rayner St, Memphis, TN 38106, 3 beds, 1 bath

$90,000

3 beds1 bath— sq ft

1698 Rayner St, Memphis, TN 38106

Property at 1148 Rozelle St, Memphis, TN 38106, 3 beds, 1 bath

$129,900

3 beds1 bath— sq ft

1148 Rozelle St, Memphis, TN 38106

Property at 1408 Eloise Rd, Memphis, TN 38106, 3 beds, 2 baths

$34,500

3 beds2 baths1,150 sq ft

1408 Eloise Rd, Memphis, TN 38106

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 1153 Dunnavant St, Memphis, TN 38106, 3 beds, 1 bath

$65,000

3 beds1 bath— sq ft

1153 Dunnavant St, Memphis, TN 38106

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 1299 Dunnavant St, Memphis, TN 38106, 3 beds, 1 bath

$65,000

3 beds1 bath— sq ft

1299 Dunnavant St, Memphis, TN 38106

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 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 1712 Glenview Ave, Memphis, TN 38106, 5 beds, 2 baths

$265,000

5 beds2 baths— sq ft

1712 Glenview Ave, 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 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 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 1589 E Mclemore Ave, Memphis, TN 38106, 3 beds, 1 bath

$179,900

3 beds1 bath— sq ft

1589 E Mclemore Ave, Memphis, TN 38106

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

Viewing page 2 of 5

Cheap Homes for Sale in 38106

There are currently 174 cheap homes for sale in 38106 at a median listing price of $82.45K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 38106 stay on the market for 89 days. This map is refreshed with the newest listings in 38106 every 15 minutes.

In the past month, 19 homes have been sold in 38106. In addition to houses in 38106, there was also 1 condo, 0 townhouses, and 9 multi-family units for sale in 38106 last month. 38106 is a minimally walkable zip code in Shelby County with a Walk Score of 37. 38106 is home to approximately 26,937 people and 7,609 jobs. Find your dream home in 38106 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 38106 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 38106. If you're looking to sell your home in the 38106 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 38106 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

More real estate resources for 38106, TN

Cities

Nearby Zip Codes

Nearby Zip Codes with Cheap Homes

Nearby Cities with Cheap Homes

More to explore in 38106, TN

How to buy a house in 38106, TN

How much house can I afford?

How to buy a house in 10 steps

First-time homebuyer's guide

See more home buying guides

Popular Markets in Tennessee

Based on information submitted to the MLS GRID as of Thu Nov 27 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.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.