Cheap homes for sale & real estate in 38107, TN

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ABOUT THIS HOME
Cheap Home for sale in 38107, TN:
Welcome to 995 North Avalon! This spacious 3-bedroom, 2-bath home offers a comfortable single-level layout with a separate dining area, partial carpeting, and central heating and air. You'll love the inviting front porch, ample natural light, and convenient driveway pad for off-street parking. Located in a quiet North Memphis neighborhood just minutes from parks, grocery stores, daycare centers, and dining options. TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Currently leased at $1,850/month through 09/04/2027.

$234,999

3 beds2 baths— sq ft

995 N Avalon St, Memphis, TN 38107

5,662 sq ft lot • Built 2022 • Listed 252 days

ABOUT THIS HOME
Cheap Home for sale in 38107, TN:
This rare 4-bedroom, 3-bathroom gem in the sought-after Rainbow Circle area is almost ready to welcome its new owners! Offering spacious living and modern comforts, this home is a true find in a prime location. With more pictures coming soon, don’t miss your chance to see this beautiful property before it’s gone. Stay tuned for updates, or schedule a private showing today!

$380,000

4 beds3 baths— sq ft

1856 Monticello Dr, Memphis, TN 38107

8,712 sq ft lot • 2 parking spots • Built 1942

ABOUT THIS HOME
Cheap Home for sale in 38107, TN:
Make an appointment today to check out this wonderful, charming home in the historic Vollintine Evergeen district! The home features central heat/air, a renovated bathroom and kitchen (appliances stay), and a large, open living room with a dining area. Other features include a spacious backyard, a screen-in front porch, solid wooden floors, smooth ceilings, and nice kitchen appliances. Lots of sunlight! The location allows quick commuting to anywhere in midtown or downtown. Close proximity to the Crosstown Concourse as well!

$159,000

3 beds1 bath— sq ft

873 N Mcneil St, Memphis, TN 38107

Renovated bathroom • Wooden floors • Huge living room

NEW CONSTRUCTION

ABOUT THIS HOME
Cheap Home for sale in 38107, TN:
PRICE REDUCED!!! MOVE-IN READY!!! Explore the beautiful new homes on Watkins Street in the historic Stonewall-Klondike. This affordable new construction offers a split floor plan, open concept, granite counters, 10ft ceilings, and 8ft exterior doors. Enjoy a covered extended porch and porte co·chère driveway. With 3 bedrooms, 2.5 baths, a great room, separate laundry, and plenty of natural light. Appliances include a stove, microwave, dishwasher, and Generac generator. Many home buyer opportunities available-Schedule your visit today!

$240,000

3 beds2.5 baths— sq ft

819 N Watkins St, Memphis, TN 38107

Open concept • Split floor plan • Natural light

NEW CONSTRUCTION

ABOUT THIS HOME
Cheap Home for sale in 38107, TN:
PRICE REDUCED!!! MOVE-IN READY. .. Explore the beautiful new homes on Watkins Street in the historic Stonewall-Klondike! This affordable new construction offers a spacious split floor plan, granite counters, 10ft ceilings, and 8ft exterior doors. Enjoy a covered extended porch and Porte co·chère driveway. With 3 bedrooms, 2.5 baths, a great room, separate laundry, and plenty of natural light. Appliances include a stove, microwave, dishwasher, and Generac generator. Many home buyer opportunities available-Schedule your visit today!

$240,000

3 beds2.5 baths— sq ft

855 N Watkins St, Memphis, TN 38107

Open concept • Split floor plan • Natural light

Property at 877 N Watkins St, Memphis, TN 38107, 3 beds, 2.5 baths

$240,000

3 beds2.5 baths— sq ft

877 N Watkins St, Memphis, TN 38107

Property at 1435 Snowden Ave, Memphis, TN 38107, 5 beds, 3 baths

$280,000

5 beds3 baths— sq ft

1435 Snowden Ave, Memphis, TN 38107

Property at 902 Looney Ave, Memphis, TN 38107

$32,000

— beds— baths— sq ft

902 Looney Ave, Memphis, TN 38107

Property at 693 Barrett Pl, Memphis, TN 38107

$12,000

— beds— baths— sq ft

693 Barrett Pl, Memphis, TN 38107

Property at 768 Pearce St, Memphis, TN 38107

$16,500

— beds— baths— sq ft

768 Pearce St, Memphis, TN 38107

Property at 1345 Nicholas St, Memphis, TN 38107

$8,000

— beds— baths— sq ft

1345 Nicholas St, Memphis, TN 38107

Property at 1391 Nicholas St, Memphis, TN 38107

$8,500

— beds— baths— sq ft

1391 Nicholas St, Memphis, TN 38107

Property at 1414 Nicholas St, Memphis, TN 38107

$6,500

— beds— baths— sq ft

1414 Nicholas St, Memphis, TN 38107

Property at 1384 Nicholas St, Memphis, TN 38107

$5,500

— beds— baths— sq ft

1384 Nicholas St, Memphis, TN 38107

Property at 1382 Nicholas St, Memphis, TN 38107

$7,500

— beds— baths— sq ft

1382 Nicholas St, Memphis, TN 38107

Property at 1124 Decatur St, Memphis, TN 38107

$5,000

— beds— baths— sq ft

1124 Decatur St, Memphis, TN 38107

Property at 0 Clyde Ave, Memphis, TN 38107

$5,000

— beds— baths— sq ft

0 Clyde Ave, Memphis, TN 38107

Property at 927 Crockett St, Memphis, TN 38107

$4,250

— beds— baths— sq ft

927 Crockett St, Memphis, TN 38107

Property at 951 Seventh St, Memphis, TN 38107

$50,000

— beds— baths— sq ft

951 Seventh St, Memphis, TN 38107

Property at 226 Chelsea Ave, Memphis, TN 38107

$300,000

— beds— baths— sq ft

226 Chelsea Ave, Memphis, TN 38107

Property at 688 Looney Ave, Memphis, TN 38107

$40,000

— beds— baths— sq ft

688 Looney Ave, Memphis, TN 38107

Property at 0 Leo Ave, Memphis, TN 38103

$13,000

— beds— baths— sq ft

0 Leo Ave, Memphis, TN 38103

Property at 598 E Arrington Ave E, Memphis, TN 38107

$7,000

— beds— baths— sq ft

598 E Arrington Ave E, Memphis, TN 38107

Property at 590 E Arrington Ave E, Memphis, TN 38107

$7,000

— beds— baths— sq ft

590 E Arrington Ave E, Memphis, TN 38107

Property at 1431 N Bellevue Blvd, Memphis, TN 38107

$7,500

— beds— baths— sq ft

1431 N Bellevue Blvd, Memphis, TN 38107

Property at 1417 N Bellevue Blvd, Memphis, TN 38107

$7,500

— beds— baths— sq ft

1417 N Bellevue Blvd, Memphis, TN 38107

Property at 944 Tully St, Memphis, TN 38107

$20,000

— beds— baths— sq ft

944 Tully St, Memphis, TN 38107

Property at 937 Tully St, Memphis, TN 38107

$20,000

— beds— baths— sq ft

937 Tully St, Memphis, TN 38107

Property at 933 Tully St, Memphis, TN 38107

$20,000

— beds— baths— sq ft

933 Tully St, Memphis, TN 38107

Property at 707 Wortham Ave, Memphis, TN 38107

$20,000

— beds— baths— sq ft

707 Wortham Ave, Memphis, TN 38107

Property at 0 Nicholas St, Memphis, TN 38107

$6,200

— beds— baths— sq ft

0 Nicholas St, Memphis, TN 38107

Property at 1396 Nicholas St, Memphis, TN 38107

$8,000

— beds— baths— sq ft

1396 Nicholas St, Memphis, TN 38107

Property at 1099 Seventh St, Memphis, TN 38107

$35,000

— beds— baths— sq ft

1099 Seventh St, Memphis, TN 38107

Property at 935 Tully St, Memphis, TN 38107

$20,000

— beds— baths— sq ft

935 Tully St, Memphis, TN 38107

Property at 1239 N Thomas St, Memphis, TN 38107

$40,000

— beds— baths— sq ft

1239 N Thomas 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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