Cheap homes for sale & real estate in 38107, TN

Cheap Home for sale in 38107, TN:

Excellent investment opportunity in the heart of Midtown! This duplex features spacious units with generous bedrooms, large living areas, hardwood floors, abundant natural light, and classic Memphis charm. Ideal for investors or owner-occupants looking to offset their mortgage with rental income. Conveniently located just minutes from Downtown, Crosstown Concourse, Overton Park, Rhodes College, dining, shopping, and entertainment. Whether you're expanding your portfolio or purchasing your first income-producing property, 703 N. Evergreen offers location, character, and outstanding investment potential. Schedule your showing today!

Cheap Home for sale in 38107, TN:

Charming home located in Vollintine Evergreen * 3 Bedrooms 2.1 Baths * Formal Living & Dining Room * Kitchen with Breakfast room and Large pantry * Huge bonus room up with half bath can be used as a 2nd Primary * Hardwood throughout * Washer/Dryer/Refrigerator remain * Central heat & air * Fenced yard *

Cheap Home for sale in 38107, TN:

Great investment opportunity to own an income-producing duplex with immediate cash flow and additional upside potential. One unit is currently rented for $1,000 per month, while the other unit is vacant and fully renovated, offering the opportunity to secure a new tenant at a potentially higher market rent. The flexible setup makes this property ideal for investors looking to add a cash-flowing duplex to their portfolio or for a future owner-occupant looking to live in one unit while generating rental income from the other. Listed at just $144,900, this property offers an attractive combination of existing income, rental upside, and long-term investment potential. PLEASE DO NOT DISTURB TENA

Cheap Home for sale in 38107, TN:

Fully renovated income-producing duplex offering an excellent opportunity for investors seeking a low-maintenance, cash-flowing asset in a central Memphis location. Just minutes from both downtown and midtown, this all-brick property completed a major renovation in 2023 and is ready to perform from day one. Each side features a comfortable 1 bedroom / 1 bathroom layout with central heat and air. The units are mirror-matched at $915/month each, for a gross potential rent of $1,830/month ($21,960/year). One side is already leased to a tenant in place at $915, while the opposite side is currently being marketed at the same rate — giving a new owner immediate income plus upside as the sec