Cheap homes for sale & real estate in 38109, TN

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ABOUT THIS HOME
Cheap Home for sale in 38109, TN:
Price Improvement! Flexible buyer assistance with a competitive offer! Immaculate and Move-In Ready! Beautifully refreshed home showcasing refinished original hardwood floors, a bright open kitchen with new white shaker cabinets, marble look countertops, and modern tile baths with sleek black fixtures. The spacious kitchen is perfect for cooking and entertaining, while the private side yard offers a quiet spot for morning coffee or pets. Enjoy a large fenced backyard ideal for BBQs and gatherings. A brand-new HVAC system will be installed at closing for comfort and peace of mind. This FHA ready home shows true pride of ownership and offers the perfect mix of modern updates, character, and c

$169,900

3 beds1.5 baths— sq ft

4512 Applegate Rd, Memphis, TN 38109

Modern tile baths • Private side yard • Bright open kitchen

ABOUT THIS HOME
Cheap Home for sale in 38109, TN:
Step into this freshly renovated 3-bedroom, 2-bath home where every detail has been thoughtfully updated. Featuring brand-new cabinets, modern flooring, and a bright, inviting layout, this home is perfect for those looking for style and comfort. With renovated bathrooms and a fresh, neutral color palette throughout, all that’s left is to move in and make it yours. Investor Bonus: Tenants are currently in place, paying $1,300/month under a newly signed lease offering immediate rental income.

$106,500

3 beds2 baths— sq ft

160 Silverage Ave, Memphis, TN 38109

Brand-new cabinets • Modern flooring • Renovated bathrooms

ABOUT THIS HOME
Cheap Home for sale in 38109, TN:
Check out this 3-bedroom, 2-bath home featuring a living room, dining room, and a spacious den/great room. Enjoy wood flooring and carpet in select areas. Perfect for an owner-occupant or a great addition to your investment portfolio!

$125,000

3 beds2 baths— sq ft

54 Bonita Dr, Memphis, TN 38109

6,534 sq ft lot • Built 1979 • Listed 40 days

ABOUT THIS HOME
Cheap Home for sale in 38109, TN:
This beautiful home has been completely updated from top to bottom! It features a new 30-year architectural roof, fresh paint inside and out, updated lighting, and beautiful commercial-grade, low-maintenance waterproof LVP flooring. The bathroom has been fully renovated with new tile, vanity, tub, mirror, and lighting. The kitchen boasts brand-new cabinets with soft-close drawers, new countertops, and built-in stainless steel microwave and dishwasher. A brand-new stainless steel stove and AC system will be installed before closing with an acceptable offer. Additional updates include new windows and an upgraded electrical system. Enjoy the convenience of nearby public transportation, a cove

$134,900

3 beds1 bath— sq ft

190 E Fernwood Ave E, Memphis, TN 38109

Covered front porch • 0.32 acre lot • Built 1947

ABOUT THIS HOME
Cheap Home for sale in 38109, TN:
LARGE LOT WITH A STORAGE SHED, LARGE PATIO AND FOUR BEDROOMS. PRICED TO SELL. AC WILL BE INSTALLED AT CLOSING.

$105,000

4 beds1 bath— sq ft

344 Dixie Rd, Memphis, TN 38109

Large patio • Storage shed • 0.52 acre lot

Property at 247 Modder Ave, Memphis, TN 38109, 3 beds, 1 bath

$108,000

3 beds1 bath— sq ft

247 Modder Ave, Memphis, TN 38109

Property at 4233 Glenbrook Dr, Memphis, TN 38109, 3 beds, 1 bath

$118,000

3 beds1 bath— sq ft

4233 Glenbrook Dr, Memphis, TN 38109

Property at 3492 Neely Rd, Memphis, TN 38109, 3 beds, 1.5 baths

$140,000

3 beds1.5 baths— sq ft

3492 Neely Rd, Memphis, TN 38109

Property at 2100 Riverside Blvd, Memphis, TN 38109, 3 beds, 1 bath

$55,000

3 beds1 bath— sq ft

2100 Riverside Blvd, Memphis, TN 38109

Property at 3953 Hedgerow Dr, Memphis, TN 38109, 3 beds, 1 bath

$118,500

3 beds1 bath1,253 sq ft

3953 Hedgerow Dr, Memphis, TN 38109

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 4886 Bilco Ave, Memphis, TN 38109, 5 beds, 3 baths

$199,999

5 beds3 baths— sq ft

4886 Bilco Ave, Memphis, TN 38109

Property at 547 Delta Rd, Memphis, TN 38109, 3 beds, 1 bath

$115,000

3 beds1 bath— sq ft

547 Delta Rd, Memphis, TN 38109

Property at 123 W Frank St, Memphis, TN 38109, 2 beds, 1 bath

$29,000

2 beds1 bath— sq ft

123 W Frank St, Memphis, TN 38109

Property at 5001 Frankie Ln, Memphis, TN 38109, 4 beds, 2 baths

$130,000

4 beds2 baths— sq ft

5001 Frankie Ln, Memphis, TN 38109

Property at 3571 Daggett Rd, Memphis, TN 38109, 3 beds, 2 baths

$135,000

3 beds2 baths— sq ft

3571 Daggett Rd, Memphis, TN 38109

Property at 5299 Airview Rd, Memphis, TN 38109, 2 beds, 1 bath

$64,900

2 beds1 bath— sq ft

5299 Airview Rd, Memphis, TN 38109

Property at 4897 Southaven Rd, Memphis, TN 38109, 4 beds, 1.5 baths

$115,000

4 beds1.5 baths— sq ft

4897 Southaven Rd, Memphis, TN 38109

Property at 5003 Deneen Dr, Memphis, TN 38109, 3 beds, 1.5 baths

$94,000

3 beds1.5 baths— sq ft

5003 Deneen Dr, Memphis, TN 38109

Property at 329 Stoneham Rd, Memphis, TN 38109, 3 beds, 1 bath

$82,500

3 beds1 bath— sq ft

329 Stoneham Rd, Memphis, TN 38109

Property at 3043 Sax Rd, Memphis, TN 38109, 2 beds, 1 bath

$39,000

2 beds1 bath— sq ft

3043 Sax Rd, Memphis, TN 38109

Property at 4570 Newton Dr, Memphis, TN 38109, 4 beds, 2 baths

$234,900

4 beds2 baths— sq ft

4570 Newton Dr, Memphis, TN 38109

Property at 3025 Ford Rd, Memphis, TN 38109, 2 beds, 1 bath

$90,000

2 beds1 bath— sq ft

3025 Ford Rd, Memphis, TN 38109

Property at 3461 Daggett Rd, Memphis, TN 38109, 3 beds, 1 bath

$115,000

3 beds1 bath— sq ft

3461 Daggett Rd, Memphis, TN 38109

Property at 693 Bonwood Ave, Memphis, TN 38109, 4 beds, 1 bath

$115,000

4 beds1 bath— sq ft

693 Bonwood Ave, Memphis, TN 38109

Property at 198 Loraine Rd, Memphis, TN 38109, 3 beds, 1 bath

$89,000

3 beds1 bath— sq ft

198 Loraine Rd, Memphis, TN 38109

Property at 3393 Berea Rd, Memphis, TN 38109, 3 beds, 1.5 baths

$150,000

3 beds1.5 baths— sq ft

3393 Berea Rd, Memphis, TN 38109

Property at 386 Mcfarland Dr, Memphis, TN 38109, 3 beds, 2 baths

$87,000

3 beds2 baths— sq ft

386 Mcfarland Dr, Memphis, TN 38109

Property at 4097 Mossville St, Memphis, TN 38109, 3 beds, 1 bath

$100,000

3 beds1 bath— sq ft

4097 Mossville St, Memphis, TN 38109

Property at 48 W Belle Haven Rd, Memphis, TN 38109, 2 beds, 1 bath

$76,000

2 beds1 bath— sq ft

48 W Belle Haven Rd, Memphis, TN 38109

Property at 380 Elder Rd, Memphis, TN 38109, 3 beds, 1 bath

$69,900

3 beds1 bath— sq ft

380 Elder Rd, Memphis, TN 38109

Property at 1198 Canary Ln, Memphis, TN 38109, 3 beds, 1 bath

$99,900

3 beds1 bath— sq ft

1198 Canary Ln, Memphis, TN 38109

Property at 931 Calvin Rd, Memphis, TN 38109, 3 beds, 1 bath

$84,900

3 beds1 bath— sq ft

931 Calvin Rd, Memphis, TN 38109

Property at 4959 Glenarm Cv, Memphis, TN 38109, 3 beds, 1 bath

$94,000

3 beds1 bath— sq ft

4959 Glenarm Cv, Memphis, TN 38109

Property at 690 Hazelwood Rd, Memphis, TN 38109, 3 beds, 1 bath

$88,000

3 beds1 bath— sq ft

690 Hazelwood Rd, Memphis, TN 38109

Property at 761 Harahan St, Memphis, TN 38109, 3 beds, 1 bath

$80,000

3 beds1 bath— sq ft

761 Harahan St, Memphis, TN 38109

Property at 4428 Namur Cv, Memphis, TN 38109, 3 beds, 2 baths

$170,000

3 beds2 baths— sq ft

4428 Namur Cv, Memphis, TN 38109

Property at 794 Nonconnah Rd, Memphis, TN 38109, 3 beds, 1 bath

$90,900

3 beds1 bath— sq ft

794 Nonconnah Rd, Memphis, TN 38109

Property at 564 W Peebles Rd, Memphis, TN 38109, 3 beds

$139,900

3 beds— baths— sq ft

564 W Peebles Rd, Memphis, TN 38109

Property at 560 W Peebles Rd, Memphis, TN 38109, 4 beds, 2 baths

$139,900

4 beds2 baths— sq ft

560 W Peebles Rd, Memphis, TN 38109

Property at 12 E Emory Rd, Memphis, TN 38109, 3 beds, 2 baths

$195,000

3 beds2 baths— sq ft

12 E Emory Rd, Memphis, TN 38109

Property at 253 E Raines Rd, Memphis, TN 38109, 3 beds, 1.5 baths

$119,900

3 beds1.5 baths— sq ft

253 E Raines Rd, Memphis, TN 38109

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Cheap Homes for Sale in 38109

There are currently 201 cheap homes for sale in 38109 at a median listing price of $115K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 38109 stay on the market for 73 days and receive 2 offers. This map is refreshed with the newest listings in 38109 every 15 minutes.

In the past month, 27 homes have been sold in 38109. In addition to houses in 38109, there were also 0 condos, 0 townhouses, and 5 multi-family units for sale in 38109 last month. 38109 is a not walkable zip code in Shelby County with a Walk Score of 21. 38109 is home to approximately 46,902 people and 5,822 jobs. Find your dream home in 38109 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 38109 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 38109. If you're looking to sell your home in the 38109 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 38109 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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