Cheap homes for sale & real estate in 38108, TN

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ABOUT THIS HOME
Cheap Home for sale in 38108, TN:
Great owner occupant or investor special. 2 bedrooms, spacious living room, quaint dining room, gas stove in kitchen, hardwood floors, large backyard with storage shed, corner lot.

$39,900

2 beds1 bath— sq ft

2178 Shannon Ave, Memphis, TN 38108

Large backyard • Storage shed • Gas stove

ABOUT THIS HOME
Cheap Home for sale in 38108, TN:
Welcome to 3021 Chelsea Ave, where space, updates, and convenience come together. This new construction 4-bedroom, 2.5-bath home offers a generous floor plan with room to spread out and enjoy. The kitchen comes equipped with a microwave and dishwasher, and washer/dryer hookups add everyday ease. Located less than half a mile from Douglass Elementary and Douglass High School, this home delivers practical features, recent improvements, and a location that makes daily routines simple.

$179,000

4 beds2.5 baths— sq ft

3021 Chelsea Ave, Memphis, TN 38108

Washer dryer hookups • 4,356 sq ft lot • Built 2023

ABOUT THIS HOME
Cheap Home for sale in 38108, TN:
Welcome to 4202 Reed Ave, a 2-bedroom, 1-bathroom home offering a functional layout and a solid starting point for customization. The home features comfortable living areas and a practical floor plan that provides plenty of opportunity for updates and improvements. Whether you’re a buyer looking to add your personal touch or an investor seeking value-add potential, this property offers flexibility and room to grow. Additionally, the property includes a livable detached unit in the back, offering extra versatility and potential for additional income, guest accommodations, or flexible use. With the right vision, this property can truly be transformed into something special.

$124,900

2 beds1 bath— sq ft

4202 Reed Ave, Memphis, TN 38108

Practical floor plan • Functional layout • 0.23 acre lot

ABOUT THIS HOME
Cheap Home for sale in 38108, TN:
Three bedroom, one-and-a-half-bath investment property featuring a brand-new roof. Great opportunity for investors seeking strong rental potential or a remodel project. Property being sold as-is. Cash Only.

$23,000

3 beds1.5 baths— sq ft

2536 Calvert Ave, Memphis, TN 38108

Brand-new roof • 5,662 sq ft lot • Built 1951

ABOUT THIS HOME
Cheap Home for sale in 38108, TN:
Great investment opportunity or chance to add a unit to your rental portfolio. Property is being sold-as.

$69,900

2 beds1 bath— sq ft

1718 Walter St, Memphis, TN 38108

6,969 sq ft lot • Built 1951 • Listed 14 days

Property at 1621 Maplewood St, Memphis, TN 38108, 2 beds, 1 bath

$90,000

2 beds1 bath— sq ft

1621 Maplewood St, Memphis, TN 38108

Property at 952 Barbara Ave, Memphis, TN 38108, 2 beds, 1 bath

$109,900

2 beds1 bath— sq ft

952 Barbara Ave, Memphis, TN 38108

Property at 2492 Heard Ave, Memphis, TN 38108, 4 beds, 1 bath

$35,000

4 beds1 bath1,075 sq ft

2492 Heard Ave, Memphis, TN 38108

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 1502 N Merton St, Memphis, TN 38108, 3 beds, 1 bath

$50,000

3 beds1 bath— sq ft

1502 N Merton St, Memphis, TN 38108

Property at 1448 May St, Memphis, TN 38108, 3 beds, 1.5 baths

$54,000

3 beds1.5 baths— sq ft

1448 May St, Memphis, TN 38108

Property at 3596 Kendrick Rd, Memphis, TN 38108, 2 beds, 1 bath

$114,900

2 beds1 bath— sq ft

3596 Kendrick Rd, Memphis, TN 38108

Property at 2025 Clarksdale Ave, Memphis, TN 38108, 3 beds, 1 bath

$75,000

3 beds1 bath— sq ft

2025 Clarksdale Ave, Memphis, TN 38108

Property at 2291 Norman Ave, Memphis, TN 38108, 2 beds, 1 bath

$84,000

2 beds1 bath— sq ft

2291 Norman Ave, Memphis, TN 38108

Property at 1524 Tayner St, Memphis, TN 38108, 2 beds, 2 baths

$58,000

2 beds2 baths— sq ft

1524 Tayner St, Memphis, TN 38108

Property at 1617 Maplewood St, Memphis, TN 38108, 4 beds, 1 bath

$110,000

4 beds1 bath— sq ft

1617 Maplewood St, Memphis, TN 38108

Property at 2267 Marble Ave, Memphis, TN 38108, 2 beds, 1 bath

$40,000

2 beds1 bath— sq ft

2267 Marble Ave, Memphis, TN 38108

Property at 1701 Harrison St, Memphis, TN 38108, 2 beds, 2 baths

$43,400

2 beds2 baths— sq ft

1701 Harrison St, Memphis, TN 38108

Property at 2272 Hubbard Dr, Memphis, TN 38108, 3 beds, 1 bath

$134,900

3 beds1 bath— sq ft

2272 Hubbard Dr, Memphis, TN 38108

Property at 4161 Grey Rd, Memphis, TN 38108, 4 beds, 3 baths

$264,000

4 beds3 baths— sq ft

4161 Grey Rd, Memphis, TN 38108

Property at 1103 Springdale St, Memphis, TN 38108, 4 beds, 1 bath

$69,000

4 beds1 bath— sq ft

1103 Springdale St, Memphis, TN 38108

Property at 2257 Eldridge Ave, Memphis, TN 38108

$6,500

0 beds— baths— sq ft

2257 Eldridge Ave, Memphis, TN 38108

Property at 3623 N Lloyd Cir, Memphis, TN 38108, 3 beds, 1 bath

$104,900

3 beds1 bath— sq ft

3623 N Lloyd Cir, Memphis, TN 38108

Property at 3622 N Lloyd Cir, Memphis, TN 38108, 2 beds, 1 bath

$99,900

2 beds1 bath— sq ft

3622 N Lloyd Cir, Memphis, TN 38108

Property at 1367 Hyde Park Blvd, Memphis, TN 38108, 4 beds, 1 bath

$79,900

4 beds1 bath— sq ft

1367 Hyde Park Blvd, Memphis, TN 38108

Property at 1079 Ramona Dr, Memphis, TN 38108, 4 beds, 2 baths

$225,000

4 beds2 baths— sq ft

1079 Ramona Dr, Memphis, TN 38108

Property at 958 Birch St, Memphis, TN 38108, 2 beds, 2 baths

$129,000

2 beds2 baths— sq ft

958 Birch St, Memphis, TN 38108

Property at 2163 Alameda Ave, Memphis, TN 38108, 4 beds, 2 baths

$259,900

4 beds2 baths— sq ft

2163 Alameda Ave, Memphis, TN 38108

Property at 3063 Calvert Ave, Memphis, TN 38108, 3 beds, 2 baths

$54,900

3 beds2 baths— sq ft

3063 Calvert Ave, Memphis, TN 38108

Property at 1559 Harrison St, Memphis, TN 38108, 3 beds, 1 bath

$45,000

3 beds1 bath— sq ft

1559 Harrison St, Memphis, TN 38108

Property at 3506 Kendrick Rd, Memphis, TN 38108, 2 beds, 1 bath

$57,000

2 beds1 bath— sq ft

3506 Kendrick Rd, Memphis, TN 38108

Property at 1338 N Willett St, Memphis, TN 38108, 2 beds, 1 bath

$65,000

2 beds1 bath— sq ft

1338 N Willett St, Memphis, TN 38108

Property at 2162 Griggs Ave, Memphis, TN 38108, 2 beds, 2 baths

$150,000

2 beds2 baths— sq ft

2162 Griggs Ave, Memphis, TN 38108

Property at 1773 Greenview Cir, Memphis, TN 38108, 3 beds, 1 bath

$125,900

3 beds1 bath— sq ft

1773 Greenview Cir, Memphis, TN 38108

Property at 3731 Whittier Rd, Memphis, TN 38108, 3 beds, 2 baths

$165,000

3 beds2 baths— sq ft

3731 Whittier Rd, Memphis, TN 38108

Property at 4134 Leroy Ave, Memphis, TN 38108, 3 beds, 1 bath

$115,000

3 beds1 bath— sq ft

4134 Leroy Ave, Memphis, TN 38108

Property at 2982 Shannon Ave, Memphis, TN 38108, 2 beds, 2 baths

$119,900

2 beds2 baths— sq ft

2982 Shannon Ave, Memphis, TN 38108

Property at 1453 N Merton St, Memphis, TN 38108, 3 beds, 1 bath

$110,000

3 beds1 bath— sq ft

1453 N Merton St, Memphis, TN 38108

Property at 2139 Lyon Ave, Memphis, TN 38108, 2 beds, 1 bath

$25,000

2 beds1 bath— sq ft

2139 Lyon Ave, Memphis, TN 38108

Property at 3701 Whittier Rd, Memphis, TN 38108, 3 beds, 2 baths

$165,000

3 beds2 baths— sq ft

3701 Whittier Rd, Memphis, TN 38108

Property at 3758 Longfellow Rd, Memphis, TN 38108, 3 beds, 2 baths

$165,000

3 beds2 baths— sq ft

3758 Longfellow Rd, Memphis, TN 38108

Property at 2331 Staten St, Memphis, TN 38108, 4 beds, 1 bath

$41,500

4 beds1 bath— sq ft

2331 Staten St, Memphis, TN 38108

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Cheap Homes for Sale in 38108

There are currently 73 cheap homes for sale in 38108 at a median listing price of $89K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 38108 stay on the market for 72 days. This map is refreshed with the newest listings in 38108 every 15 minutes.

In the past month, 10 homes have been sold in 38108. In addition to houses in 38108, there was also 1 condo, 0 townhouses, and 9 multi-family units for sale in 38108 last month. 38108 is a minimally walkable zip code in Shelby County with a Walk Score of 33. 38108 is home to approximately 18,677 people and 3,903 jobs. Find your dream home in 38108 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 38108 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 38108. If you're looking to sell your home in the 38108 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 38108 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 Fri Dec 26 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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