Cheap homes for sale & real estate in 38107, TN

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NEW 27 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in 38107, TN:
This dreamy storybook cottage with 3 bedrooms and 3 baths has it all including 2 bedrooms and 2 full baths on the first floor! Spacious light filled rooms, hardwoods, fireplace, built-in bookcases, abundant windows (many are new), detached garage/shop with electricity, security gate. Newer HVAC & Tankless Water Heater, Walking distance to the Memphis Zoo, Overton Park, Rhodes College, and Greenline.

$319,999

3 beds3 baths— sq ft

735 Hawthorne St, Memphis, TN 38107

Security gate • Detached garage • 6,098 sq ft lot

NEW 34 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in 38107, TN:
Historic mixed with modern upscale charm: Evergreen Historic District, near bustling Sears Cross Town. Fully fenced back yard-replaced in 2025, refinished attached deck. Interior features open floor plan, original refinished hard wood floors, granite counter tops throughout, original brick fireplace, Modern fixtures, and lighting with a mix of Victorian charm. All furniture and appliances are available to buyers. Home will be available for showing beginning 12-27-2025.

$225,000

2 beds1 bath— sq ft

1469 Lyndale Ave, Memphis, TN 38107

Open floor plan • Granite counter tops • Modern fixtures

ABOUT THIS HOME
Cheap Home for sale in 38107, TN:
Fantastic investment opportunity in the Shelby area. This 2br/1 bath single-family home is in the 38107 area. With a monthly rental amount of $850/month. The lease ends on 8/15/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

$89,900

2 beds1 bath— sq ft

961 Joseph Pl, Memphis, TN 38107

6,098 sq ft lot • Built 1922 • Listed 3 days

ABOUT THIS HOME
Cheap Home for sale in 38107, TN:
Fully renovated exterior with major improvements already completed. This single-family home features a brand-new roof, new windows, and new siding, and much more providing peace of mind and long-term durability for the next owner. The exterior has been freshly updated and holds strong curb appeal with a covered front porch and spacious lot. The interior is ready for renovation, making this an ideal opportunity for investors or buyers looking to customize the space to their own taste. With the big-ticket exterior items already handled, this property allows you to focus your budget on interior finishes and layout. Great for a fix-and-flip, rental investment, or value-add project. Property is

$57,500

3 beds1.5 baths1,549 sq ft

1141 Coker St, Memphis, TN 38107

Covered front porch • New siding • Spacious lot

Listing provided by REALTRACS as Distributed by MLS Grid

ABOUT THIS HOME
Cheap Home for sale in 38107, TN:
936 Olympic is a 3-bedroom, 1.1-bath home currently undergoing a full renovation. Once complete, the property will feature modern updates throughout along with washer and dryer connections for added convenience. This is a great opportunity for a buyer to secure a home while renovations are in progress and enjoy the finished result. More details to come as the remodel is completed.

$140,000

3 beds1.5 baths— sq ft

936 Olympic Ave, Memphis, TN 38107

Modern updates • Full renovation • 2,613 sq ft lot

Property at 937 Speed St, Memphis, TN 38107, 2 beds, 1 bath

$80,000

2 beds1 bath— sq ft

937 Speed St, Memphis, TN 38107

Property at 934 Alaska St, Memphis, TN 38107, 3 beds, 2 baths

$90,000

3 beds2 baths— sq ft

934 Alaska St, Memphis, TN 38107

$285,000

5 beds2 baths— sq ft

914 N Auburndale St, Memphis, TN 38107

Property at 640 E Hastings Cir, Memphis, TN 38107, 3 beds, 1.5 baths

$125,000

3 beds1.5 baths— sq ft

640 E Hastings Cir, Memphis, TN 38107

Property at 1890 Tutwiler Ave, Memphis, TN 38107, 3 beds, 2 baths

$309,000

3 beds2 baths— sq ft

1890 Tutwiler Ave, Memphis, TN 38107

Property at 1048 N Avalon St, Memphis, TN 38107, 3 beds, 2 baths

$197,500

3 beds2 baths— sq ft

1048 N Avalon St, Memphis, TN 38107

Property at 804 Keel Ave, Memphis, TN 38107, 3 beds, 2 baths

$124,900

3 beds2 baths— sq ft

804 Keel Ave, Memphis, TN 38107

Property at 954 Joseph Pl, Memphis, TN 38107, 3 beds, 1 bath

$60,000

3 beds1 bath— sq ft

954 Joseph Pl, Memphis, TN 38107

Property at 1323 Smith Ave, Memphis, TN 38107, 2 beds, 1 bath

$19,000

2 beds1 bath— sq ft

1323 Smith Ave, Memphis, TN 38107

Property at 1366 Snowden Ave, Memphis, TN 38107, 2 beds, 1 bath

$92,500

2 beds1 bath— sq ft

1366 Snowden Ave, Memphis, TN 38107

Property at 797 University St, Memphis, TN 38107, 2 beds, 1 bath

$180,000

2 beds1 bath— sq ft

797 University St, Memphis, TN 38107

Property at 840 Garland Ave, Memphis, TN 38107, 3 beds, 2 baths

$220,000

3 beds2 baths1,624 sq ft

840 Garland Ave, Memphis, TN 38107

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 1090 Lewis St, Memphis, TN 38107, 2 beds, 1 bath

$14,900

2 beds1 bath816 sq ft

1090 Lewis St, Memphis, TN 38107

Property at 1234 Smith Ave Ave, Memphis, TN 38107, 2 beds, 2 baths

$65,000

2 beds2 baths— sq ft

1234 Smith Ave Ave, Memphis, TN 38107

Property at 775 Alma St, Memphis, TN 38107, 4 beds, 2 baths

$70,000

4 beds2 baths— sq ft

775 Alma St, Memphis, TN 38107

Property at 773 Alma St, Memphis, TN 38107, 1 bed, 1 bath

$12,000

1 bed1 bath— sq ft

773 Alma St, Memphis, TN 38107

Property at 1212 Capital Ave, Memphis, TN 38107, 3 beds, 1 bath

$41,000

3 beds1 bath— sq ft

1212 Capital Ave, Memphis, TN 38107

Property at 1277 Smith Ave, Memphis, TN 38107, 6 beds, 4 baths

$189,900

6 beds4 baths— sq ft

1277 Smith Ave, Memphis, TN 38107

Property at 1277 Snowden Ave, Memphis, TN 38107, 4 beds, 2 baths

$129,900

4 beds2 baths— sq ft

1277 Snowden Ave, Memphis, TN 38107

Property at 1137 Kney St, Memphis, TN 38107, 3 beds, 1 bath

$110,000

3 beds1 bath— sq ft

1137 Kney St, Memphis, TN 38107

Property at 884 Kensington Pl, Memphis, TN 38107, 3 beds, 1 bath

$149,900

3 beds1 bath— sq ft

884 Kensington Pl, Memphis, TN 38107

Property at 1114 N Watkins St, Memphis, TN 38107, 3 beds, 2 baths

$187,000

3 beds2 baths— sq ft

1114 N Watkins St, Memphis, TN 38107

Property at 930 N Belvedere Blvd, Memphis, TN 38107, 3 beds, 2 baths

$234,900

3 beds2 baths— sq ft

930 N Belvedere Blvd, Memphis, TN 38107

Property at 834 Crockett St, Memphis, TN 38107, 2 beds, 1 bath

$28,599

2 beds1 bath— sq ft

834 Crockett St, Memphis, TN 38107

Property at 975 N Avalon St, Memphis, TN 38107, 3 beds, 1 bath

$129,900

3 beds1 bath— sq ft

975 N Avalon St, Memphis, TN 38107

Property at 729 N Belvedere St, Memphis, TN 38107, 3 beds, 1 bath

$250,000

3 beds1 bath— sq ft

729 N Belvedere St, Memphis, TN 38107

Property at 1038 Rainbow Dr, Memphis, TN 38107, 4 beds, 2.5 baths

$314,900

4 beds2.5 baths— sq ft

1038 Rainbow Dr, Memphis, TN 38107

Property at 740 N Willett St, Memphis, TN 38107, 3 beds, 2 baths

$229,000

3 beds2 baths— sq ft

740 N Willett St, Memphis, TN 38107

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

$34,500

2 beds1 bath— sq ft

795 Alma St, Memphis, TN 38107

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

$47,900

3 beds1 bath— sq ft

768 Ayers St, Memphis, TN 38107

Property at 1054 Lagrange Ave, Memphis, TN 38107, 4 beds, 2 baths

$198,000

4 beds2 baths— sq ft

1054 Lagrange Ave, Memphis, TN 38107

Property at 1576 Tutwiler Ave, Memphis, TN 38107, 2 beds, 1 bath

$180,000

2 beds1 bath— sq ft

1576 Tutwiler Ave, 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 1051 Lagrange Ave Unit 1051-1053, Memphis, TN 38107, 2 beds, 2 baths

$85,000

2 beds2 baths— sq ft

1051 Lagrange Ave Unit 1051-1053, Memphis, TN 38107

Property at 1976 Lyndale St, Memphis, TN 38107, 3 beds, 2 baths

$335,900

3 beds2 baths— sq ft

1976 Lyndale St, Memphis, TN 38107

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Cheap Homes for Sale in 38107

There are currently 117 cheap homes for sale in 38107 at a median listing price of $167K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 38107 stay on the market for 104 days. This map is refreshed with the newest listings in 38107 every 15 minutes.

In the past month, 9 homes have been sold in 38107. In addition to houses in 38107, there were also 0 condos, 0 townhouses, and 7 multi-family units for sale in 38107 last month. 38107 is a minimally walkable zip code in Shelby County with a Walk Score of 47. 38107 is home to approximately 17,473 people and 2,686 jobs. Find your dream home in 38107 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 38107 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 38107. If you're looking to sell your home in the 38107 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 38107 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 Dec 21 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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