Cheap homes for sale & real estate in 38106, TN

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ABOUT THIS HOME
Cheap Home for sale in 38106, TN:
Fully renovated and completely turnkey, this rent-ready property features fresh exterior paint, siding and porch updates, new front porch posts, smart locks, a new entry door, updated lighting, a brand-new HVAC system with cage, rebuilt rear stairs, and cleared landscaping. Inside, enjoy modern hardwood flooring, full drywall repair, interior repaint, updated LED lighting, new kitchen cabinets, countertops, and a vintage sink. Bathroom upgrades include a new toilet, fan, GFCI, light fixture, and painted vanity. Additional improvements include a new 40-gallon water heater, attic insulation, washer box replacement, CO and smoke detectors, and all outlets and wall plates replaced. Attic cleane

$129,900

4 beds2 baths— sq ft

1721 W Silver St, Memphis, TN 38106

Full renovation • Turnkey ready • 6,534 sq ft lot

ABOUT THIS HOME
Cheap Home for sale in 38106, TN:
PRICE REDUCTION This is a beautiful brick starter home for your family. Home features 2 bedrooms, living room dining room combo, updated bath, updated kitchen, large back yard, nice enclosed front porch, fenced back yard and single carport with storage space Home is sold "AS IS" Call Broker Bay for appointment

$85,000

2 beds1 bath— sq ft

1493 Ragan St, Memphis, TN 38106

Updated bath • Fenced back yard • Large back yard

ABOUT THIS HOME
Cheap Home for sale in 38106, TN:
Tenant Occupied! Do not disturb tenants! Offers Contingent Upon Inspections. Grab this Renovated Quadplex! 2bed/1bath with 2 occupied Section 8 tenants and 2 vacant units. Two occupied units rented at $1050. This complex was renovated in 2023. Roof, Exterior & Interior painted, Updated Laminate Flooring, Renovated Kitchens & Baths, New Light Fixtures, Each Unit Has Mini Splits for Heating & Cooling. Professionally Managed (Lease, Ledgers, Maintenance History, & Pics at Request). Pictures of units are before tenants moved in. No wholesalers, assignments, or creative financing.

$315,000

8 beds— baths— sq ft

285 Lucy Ave, Memphis, TN 38106

Renovated kitchens • Renovated quadplex • Renovated baths

ABOUT THIS HOME
Cheap Home for sale in 38106, TN:
This 3 Bedroom 1 Bath home has great potential for an owner-occupant or investor. The current Tenant is renting from Month to Month. It features hardwood flooring, 10-foot ceilings, a fireplace, large rooms, and a great front porch. The HVAC is 3 years old, and the Plumbing was upgraded 5 years ago. The Kitchen and Bathroom have been renovated. This home also has a separate 1-bedroom 1-bath Bonus house in the back that needs renovating. The Bonus house can generate additional rental income. The Main house is being rented for $1000/month. These homes are being sold "As Is".

$79,000

3 beds1 bath— sq ft

538 E Davant Ave, Memphis, TN 38106

Hardwood floor • 10 ft ceilings • Front porch

$29,900

2 beds1 bath782 sq ft

1473 Carlton Rd, Memphis, TN 38106

0.39 acre lot • 2 parking spots • Built 1959

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 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 1318 Glen St, Memphis, TN 38106, 3 beds, 2 baths

$119,900

3 beds2 baths— sq ft

1318 Glen St, Memphis, TN 38106

Property at 376 S Parkway St, Memphis, TN 38106, 3 beds, 1 bath

$65,999

3 beds1 bath— sq ft

376 S Parkway 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 760 Richmond Ave, Memphis, TN 38106, 8 beds

$300,000

8 beds— baths— sq ft

760 Richmond Ave, Memphis, TN 38106

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

$121,000

5 beds2.5 baths— sq ft

449 Fernwood Ave, Memphis, TN 38106

Property at 1100 Rozelle St, Memphis, TN 38106, 3 beds, 1 bath

$125,000

3 beds1 bath— sq ft

1100 Rozelle St, Memphis, TN 38106

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

$45,000

3 beds1 bath— sq ft

525 E Dison Ave, Memphis, TN 38106

Property at 478 E Davant Ave, Memphis, TN 38106, 3 beds, 1.5 baths

$130,000

3 beds1.5 baths— sq ft

478 E Davant Ave, Memphis, TN 38106

Property at 1374 Rayner St, Memphis, TN 38106, 2 beds, 2 baths

$69,900

2 beds2 baths— sq ft

1374 Rayner St, Memphis, TN 38106

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

$99,900

4 beds1 bath— sq ft

1410 South Ave, Memphis, TN 38106

Property at 1481 Oaklawn St, Memphis, TN 38114, 4 beds, 2 baths

$184,000

4 beds2 baths— sq ft

1481 Oaklawn St, Memphis, TN 38114

Property at 1399 South Ave, Memphis, TN 38106, 3 beds, 1 bath

$40,000

3 beds1 bath— sq ft

1399 South Ave, Memphis, TN 38106

Property at 2601 Darlene St, Memphis, TN 38106, 3 beds, 1 bath

$72,000

3 beds1 bath— sq ft

2601 Darlene St, Memphis, TN 38106

Property at 280 Bullington Ave, Memphis, TN 38106

$24,500

— beds— baths— sq ft

280 Bullington Ave, Memphis, TN 38106

Property at 1374 Dow Pl, Memphis, TN 38106

$7,500

— beds— baths— sq ft

1374 Dow Pl, Memphis, TN 38106

Property at 1607 S Lauderdale St, Memphis, TN 38106

$5,100

— beds— baths— sq ft

1607 S Lauderdale St, Memphis, TN 38106

Property at 1411 Cummings St, Memphis, TN 38106

$5,100

— beds— baths— sq ft

1411 Cummings St, Memphis, TN 38106

Property at 283 E Burdock Ave, Memphis, TN 38106

$5,000

— beds— baths— sq ft

283 E Burdock Ave, Memphis, TN 38106

Property at 1299 Horace St, Memphis, TN 38106

$11,250

— beds— baths— sq ft

1299 Horace St, Memphis, TN 38106

Property at 325 Cambridge Ave, Memphis, TN 38106

$11,250

— beds— baths— sq ft

325 Cambridge Ave, Memphis, TN 38106

Property at 320 Cambridge Ave, Memphis, TN 38106

$11,250

— beds— baths— sq ft

320 Cambridge Ave, Memphis, TN 38106

Property at 1312 James St, Memphis, TN 38106

$5,000

— beds— baths— sq ft

1312 James St, Memphis, TN 38106

Property at 0 James St, Memphis, TN 38106

$5,000

— beds— baths— sq ft

0 James St, Memphis, TN 38106

Property at 1318 James St, Memphis, TN 38106

$5,000

— beds— baths— sq ft

1318 James St, Memphis, TN 38106

Property at 1642 Netherwood Ave, Memphis, TN 38106

$35,000

— beds— baths— sq ft

1642 Netherwood Ave, Memphis, TN 38106

Property at 1608 Netherwood Ave, Memphis, TN 38106

$35,000

— beds— baths— sq ft

1608 Netherwood Ave, Memphis, TN 38106

Property at 1593 Humber St, Memphis, TN 38106

$4,900

— beds— baths— sq ft

1593 Humber St, Memphis, TN 38106

Property at 1301 Englewood St, Memphis, TN 38106

$5,000

— beds— baths— sq ft

1301 Englewood St, Memphis, TN 38106

Property at 1437 Silver St, Memphis, TN 38106

$10,000

— beds— baths— sq ft

1437 Silver St, Memphis, TN 38106

Property at 1197 James St, Memphis, TN 38106

$10,000

— beds— baths— sq ft

1197 James St, Memphis, TN 38106

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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.

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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.

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