Cheap homes for sale & real estate in 38106, TN

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ABOUT THIS HOME
Cheap Home for sale in 38106, TN:
Attention investors! This residential property is now available being sold as-is. This property offer strong value-add potential for fix-and-flip, rental portfolios, or long-term hold strategies. The following properties can be bought at a discounted rate: 1393 Michigan St 1399 Michigan St 1401 Michigan St Buy one or bundle all three for a potential discounted package deal. Highlights: • Sold as-is • Investor friendly • Value-add opportunity • Bundle pricing considered for multiple purchases

$75,000

3 beds2 baths— sq ft

Built 1939 • Listed 155 days

1399 Michigan St, Memphis, TN 38106

ABOUT THIS HOME
Cheap Home for sale in 38106, TN:
* INVESTOR ALERT * Cash flowing at $1,650/mo with 2/yr lease until 2028! Full rehab completed in 2025. An inviting Midtown gem just minutes from the vibrant Cooper-Young district! This charming 4-bedroom, 2-bath DUPLEX offers 1,800+ square feet of stylish living space, perfect for those seeking comfort and convenience in one of Memphis’s most sought-after neighborhoods. You’ll also find local favorites like Otherlands Coffee Bar, Central BBQ, and the Memphis Made Brewing Co. nearby. With easy access to Overton Park, the Memphis Zoo, and downtown Open floor plan with gleaming hardwood floors and abundant natural light. Spacious living area flows seamlessly into a modern kitc

$185,000

4 beds2 baths— sq ft

Updated appliances • Spacious living area • Ample cabinet space

754 E Trigg Ave, Memphis, TN 38106

ABOUT THIS HOME
Cheap Home for sale in 38106, TN:
This home has been renovated and is move in ready! This would make a nice first time buyer home. Three bedrooms and two bathrooms.

$95,000

3 beds2 baths— sq ft

3,049 sq ft lot • Built 1953 • Listed 168 days

1541 Patton St, Memphis, TN 38106

$215,000

4 beds2 baths— sq ft

Laminate wood floors • Covered carport • 7,405 sq ft lot

1551 Cane Rd, Memphis, TN 38106

ABOUT THIS HOME
Cheap Home for sale in 38106, TN:
Charming 2bed 1bath home with a good floorplan, large fenced yard, located minutes away from multiple parks and the interstate. This can be a great Primary residence or investment property. Home is located on a quiet street. Offered at an excellent price. Many homes in this area are being rehabbed and sold for more money. ONLINE VIDEO AVALABLE ON REQUEST. CASH OFFERS ONLY. Please do all inspections up front, No Creative Or Owner Financed Offers. No Wholesale Or Assignment.

$58,900

2 beds1 bath— sq ft

Quiet street • Large fenced yard • Multiple parks

1338 Dunnavant St, Memphis, TN 38106

Property at 629 E Trigg Ave, Memphis, TN 38106, 4 beds, 1 bath

$89,999

4 beds1 bath— sq ft

629 E Trigg Ave, Memphis, TN 38106

Property at 1561 Preston St, Memphis, TN 38106, 3 beds, 1 bath

$70,000

3 beds1 bath— sq ft

1561 Preston St, Memphis, TN 38106

Property at 1463 Effie Rd, Memphis, TN 38106, 2 beds, 2 baths

$99,000

2 beds2 baths— sq ft

1463 Effie Rd, Memphis, TN 38106

Property at 449 Fernwood Ave, Memphis, TN 38106, 5 beds, 2.5 baths

$117,900

5 beds2.5 baths— sq ft

449 Fernwood Ave, Memphis, TN 38106

Property at 575 E Dison Ave, Memphis, TN 38106, 4 beds, 1 bath

$129,400

4 beds1 bath— sq ft

575 E Dison Ave, Memphis, TN 38106

Property at 1511 Mcmillan St, Memphis, TN 38106, 3 beds, 1 bath

$120,000

3 beds1 bath— sq ft

1511 Mcmillan St, Memphis, TN 38106

Property at 1627 Barton St, Memphis, TN 38106, 8 beds, 4 baths

$215,000

8 beds4 baths— sq ft

1627 Barton St, Memphis, TN 38106

Property at 1478 Effie Cv, Memphis, TN 38106, 3 beds, 1 bath

$85,000

3 beds1 bath— sq ft

1478 Effie Cv, Memphis, TN 38106

Property at 508 E Dison Ave, Memphis, TN 38106, 4 beds, 2 baths

$144,900

4 beds2 baths— sq ft

508 E Dison Ave, Memphis, TN 38106

Property at 1448 Valse Rd, Memphis, TN 38106, 3 beds, 2 baths

$75,000

3 beds2 baths— sq ft

1448 Valse Rd, Memphis, TN 38106

Property at 1401 Michigan St, Memphis, TN 38106, 3 beds, 1 bath

$75,000

3 beds1 bath— sq ft

1401 Michigan St, Memphis, TN 38106

Property at 1411 Roberts Rd, Memphis, TN 38106, 3 beds, 1 bath

$160,000

3 beds1 bath— sq ft

1411 Roberts Rd, Memphis, TN 38106

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

$106,000

2 beds2 baths— sq ft

1869 S Lauderdale St, Memphis, TN 38106

Property at 2344 Warren St, Memphis, TN 38106, 2 beds, 1 bath

$65,000

2 beds1 bath— sq ft

2344 Warren St, Memphis, TN 38106

Property at 1410 South Ave, Memphis, TN 38106, 4 beds, 1 bath

$89,900

4 beds1 bath— sq ft

1410 South Ave, Memphis, TN 38106

Property at 1532 Silver St, Memphis, TN 38106, 3 beds, 1 bath

$89,900

3 beds1 bath— sq ft

1532 Silver St, Memphis, TN 38106

Property at 1407 Gill St, Memphis, TN 38106, 3 beds, 2 baths

$90,000

3 beds2 baths— sq ft

1407 Gill St, Memphis, TN 38106

Property at 1863 Marjorie St, Memphis, TN 38106, 2 beds, 1 bath

$74,000

2 beds1 bath— sq ft

1863 Marjorie St, Memphis, TN 38106

Property at 1681 Shadowlawn Blvd, Memphis, TN 38106, 3 beds, 1 bath

$135,000

3 beds1 bath— sq ft

1681 Shadowlawn Blvd, Memphis, TN 38106

Property at 1817 Wellington Ave, Memphis, TN 38106, 2 beds, 1 bath

$87,000

2 beds1 bath— sq ft

1817 Wellington Ave, Memphis, TN 38106

Property at 1380 S Orleans St, Memphis, TN 38106, 3 beds, 2.5 baths

$210,000

3 beds2.5 baths— sq ft

1380 S Orleans St, Memphis, TN 38106

Property at 1372 S Orleans St, Memphis, TN 38106, 3 beds, 2.5 baths

$210,000

3 beds2.5 baths— sq ft

1372 S Orleans St, Memphis, TN 38106

Property at 1388 Gaither Ave S, Memphis, TN 38106, 5 beds, 2 baths

$102,500

5 beds2 baths— sq ft

1388 Gaither Ave S, Memphis, TN 38106

Property at 1565 S Parkway Pkwy E, Memphis, TN 38106, 3 beds, 1 bath

$155,000

3 beds1 bath— sq ft

1565 S Parkway Pkwy E, Memphis, TN 38106

Property at 525 E Dison Ave, Memphis, TN 38106, 3 beds, 1 bath

$38,000

3 beds1 bath— sq ft

525 E Dison Ave, Memphis, TN 38106

Property at 1392 S Orleans St, Memphis, TN 38106, 3 beds, 2.5 baths

$210,000

3 beds2.5 baths— sq ft

1392 S Orleans St, Memphis, TN 38106

Property at 1531 Netherwood Ave, Memphis, TN 38106, 3 beds, 1 bath

$145,900

3 beds1 bath— sq ft

1531 Netherwood Ave, Memphis, TN 38106

Property at 1410 Lyceum Rd, Memphis, TN 38106, 4 beds, 2 baths

$124,900

4 beds2 baths— sq ft

1410 Lyceum Rd, Memphis, TN 38106

Property at 1353 Gill St, Memphis, TN 38106, 3 beds, 2 baths

$90,000

3 beds2 baths— sq ft

1353 Gill St, Memphis, TN 38106

Property at 1109 Walker Ave, Memphis, TN 38106, 3 beds, 2.5 baths

$270,000

3 beds2.5 baths— sq ft

1109 Walker Ave, Memphis, TN 38106

Property at 831 Alice Ave, Memphis, TN 38106, 2 beds, 1 bath

$88,500

2 beds1 bath— sq ft

831 Alice Ave, Memphis, TN 38106

Property at 1433 Rayner St, Memphis, TN 38106, 2 beds, 1 bath

$135,000

2 beds1 bath— sq ft

1433 Rayner St, Memphis, TN 38106

Property at 1435 Silver St, Memphis, TN 38106, 2 beds, 1 bath

$79,000

2 beds1 bath— sq ft

1435 Silver St, Memphis, TN 38106

Property at 1111 Walker Ave, Memphis, TN 38106, 3 beds, 2.5 baths

$270,000

3 beds2.5 baths— sq ft

1111 Walker Ave, Memphis, TN 38106

Property at 1217 Carlton Rd, Memphis, TN 38106, 3 beds, 2 baths

$169,900

3 beds2 baths— sq ft

1217 Carlton Rd, Memphis, TN 38106

Property at 635 E Mallory Ave, Memphis, TN 38106, 3 beds, 2 baths

$130,000

3 beds2 baths— sq ft

635 E Mallory Ave, Memphis, TN 38106

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Cheap Homes for Sale in 38106

There are currently 190 cheap homes for sale in 38106 at a median listing price of $89.9K. 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 94 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 12 multi-family units for sale in 38106 last month. 38106 is a minimally walkable zip code in Tennessee 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.

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Based on information submitted to the MLS GRID as of Sun Aug 23 2026. 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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