Cheap homes for sale & real estate in 38111, TN

184 homes

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NEW 2 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in 38111, TN:
Fantastic investment opportunity in the Shelby area. This 2br/1 bath single-family home is in the 38111 area. Cash flowing with a monthly rental amount of $955/month. The lease ends on 02/28/26. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

$99,900

2 beds1 bath— sq ft

3780 Mallory Rd, Memphis, TN 38111

6,534 sq ft lot • Parking • Built 1950

NEW 20 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in 38111, TN:
Fire-damaged property being sold AS-IS . No repairs, warranties, or contingencies will be accepted. No interior access or inspections allowed. Buyers should perform all due diligence before submitting an offer. Great opportunity for investors looking for a rebuild or lot project.

$10,000

3 beds1 bath— sq ft

842 Carson St, Memphis, TN 38111

Built 1920

NEW 18 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in 38111, TN:
Adorable Bungalow-Renovated Top to Bottom has Modern Updates & Charm Galore-2 BR 2 Bath+Bonus/Flex Room+Unfinished Guest House (with all utilities-yes plumbing) Open Concept-Chef's Kitchen-Seated Breakfast Bar-Gas Cooking-Office Nook-Large Primary with Gorgeous Ensuite Bath-Large Shower & Closet-Great Bonus/Flex Room Down with Huge Closet (Work Out/Studio/Den/Play) 1 BR/LR/Kitchen/Bath Guest House is Waiting for Your Finishes-Systems Approx Age: Roof 3 Years-Water Heater 3 Years-HVAC 4 Years-New Electrical-New Finishes Throughout-Turnkey-Great Price! Great Location-Near Greenline, U of M, Restaurants & Entertainment! SELLER WILL FINISH GUEST HOUSE FOR ADDITIONAL CHARGE

$259,000

2 beds2 baths— sq ft

176 Plainview St, Memphis, TN 38111

Renovated • Modern updates • Open concept

ABOUT THIS HOME
Cheap Home for sale in 38111, TN:
Super cute street appeal on this all Brick ranch 2 Bedroom 2 Bath with Den, large Eat in kitchen, needs the interior redone ~~and new roof~~ Large lot ~~Will not go FHA~~Cash or rehab loan only!

$79,900

3 beds2 baths— sq ft

3085 Hoskins Rd, Memphis, TN 38111

0.33 acre lot • Parking • Built 1958

HOT HOME

ABOUT THIS HOME
Cheap Home for sale in 38111, TN:
Priced to sell! Move-in ready 4BR/3BA in Sherwood Forest with 2,134 SF and a functional layout for families, work-from-home setups, or investors. The main level includes a large living room, separate dining area, remodeled kitchen with breakfast nook, laundry room, and a spacious family room. Two bedrooms and two full baths are on the main level, including the primary bedroom. Upstairs are two additional bedrooms with a shared full bath, offering privacy for kids, guests, or roommates. Interior updates include fresh paint throughout, a remodeled kitchen, hardwood and laminate flooring, and new blinds. Fenced backyard for pets and outdoor use. FHA, conventional, and cash buyers welcome. Stro

$162,500

4 beds2 baths— sq ft

3612 W Elkwood Cv W, Memphis, TN 38111

Hardwood flooring • Fresh paint • Remodeled kitchen

Property at 3100 Cowden Ave, Memphis, TN 38111, 3 beds, 1 bath

$250,000

3 beds1 bath— sq ft

3100 Cowden Ave, Memphis, TN 38111

Property at 1260 Cherrydale Cv, Memphis, TN 38111, 4 beds, 2.5 baths

$310,000

4 beds2.5 baths— sq ft

1260 Cherrydale Cv, Memphis, TN 38111

Property at 3717 Oakley Ave, Memphis, TN 38111, 2 beds, 1 bath

$299,900

2 beds1 bath— sq ft

3717 Oakley Ave, Memphis, TN 38111

Property at 3432 Radford Rd, Memphis, TN 38111, 3 beds, 1 bath

$75,000

3 beds1 bath— sq ft

3432 Radford Rd, Memphis, TN 38111

Property at 735 Kent St, Memphis, TN 38111, 2 beds, 1 bath

$74,900

2 beds1 bath— sq ft

735 Kent St, Memphis, TN 38111

Property at 540 Ellsworth St, Memphis, TN 38111, 3 beds, 2 baths

$337,900

3 beds2 baths— sq ft

540 Ellsworth St, Memphis, TN 38111

Property at 3080 Walnut Grove Rd #404, Memphis, TN 38111, 1 bed, 1 bath

$85,000

1 bed1 bath— sq ft

3080 Walnut Grove Rd #404, Memphis, TN 38111

Property at 1108 Semmes St, Memphis, TN 38111, 3 beds, 2 baths

$127,000

3 beds2 baths— sq ft

1108 Semmes St, Memphis, TN 38111

Property at 642 Lagrange Park Cv, Memphis, TN 38111, 2 beds, 1 bath

$68,000

2 beds1 bath— sq ft

642 Lagrange Park Cv, Memphis, TN 38111

Property at 1118 Robinhood Ln, Memphis, TN 38111, 4 beds, 2 baths

$169,000

4 beds2 baths— sq ft

1118 Robinhood Ln, Memphis, TN 38111

Property at 3587 Cowden Ave, Memphis, TN 38111, 3 beds, 2 baths

$399,901

3 beds2 baths— sq ft

3587 Cowden Ave, Memphis, TN 38111

Property at 181 Hayden Pl, Memphis, TN 38111, 4 beds, 2 baths

$114,900

4 beds2 baths— sq ft

181 Hayden Pl, Memphis, TN 38111

Property at 3391 Central Ave, Memphis, TN 38111, 3 beds, 2 baths

$329,000

3 beds2 baths— sq ft

3391 Central Ave, Memphis, TN 38111

Property at 3244 Highland Park Pl, Memphis, TN 38111, 3 beds, 2 baths

$259,900

3 beds2 baths— sq ft

3244 Highland Park Pl, Memphis, TN 38111

Property at 431 Alexander St, Memphis, TN 38111, 2 beds, 2 baths

$239,901

2 beds2 baths— sq ft

431 Alexander St, Memphis, TN 38111

Property at 1220 Brower St, Memphis, TN 38111, 3 beds, 2 baths

$153,900

3 beds2 baths— sq ft

1220 Brower St, Memphis, TN 38111

Property at 3080 Walnut Grove Rd #205, Memphis, TN 38111, 1 bed, 1 bath

$79,000

1 bed1 bath— sq ft

3080 Walnut Grove Rd #205, Memphis, TN 38111

Property at 3189 Highland Park Pl, Memphis, TN 38111, 5 beds, 3 baths

$319,900

5 beds3 baths— sq ft

3189 Highland Park Pl, Memphis, TN 38111

Property at 401 Goodland Cir, Memphis, TN 38111, 3 beds, 2.5 baths

$410,000

3 beds2.5 baths— sq ft

401 Goodland Cir, Memphis, TN 38111

Property at 3350 Highland Park Pl, Memphis, TN 38111, 3 beds, 2 baths

$339,000

3 beds2 baths— sq ft

3350 Highland Park Pl, Memphis, TN 38111

Property at 3792 Dunn Ave, Memphis, TN 38111, 2 beds, 1 bath

$105,000

2 beds1 bath— sq ft

3792 Dunn Ave, Memphis, TN 38111

Property at 740 Loeb St, Memphis, TN 38111, 3 beds, 1 bath

$169,000

3 beds1 bath— sq ft

740 Loeb St, Memphis, TN 38111

Property at 241 Marne St, Memphis, TN 38111, 3 beds, 2 baths

$350,000

3 beds2 baths— sq ft

241 Marne St, Memphis, TN 38111

Property at 112 S Greer St, Memphis, TN 38111, 3 beds, 1 bath

$239,900

3 beds1 bath— sq ft

112 S Greer St, Memphis, TN 38111

Property at 3727 Deerwood Cv, Memphis, TN 38111, 2 beds, 1 bath

$84,900

2 beds1 bath— sq ft

3727 Deerwood Cv, Memphis, TN 38111

Property at 3256 N Waynoka Cir, Memphis, TN 38111, 3 beds, 1 bath

$200,000

3 beds1 bath— sq ft

3256 N Waynoka Cir, Memphis, TN 38111

Property at 3240 N Waynoka Cir N, Memphis, TN 38111, 3 beds, 2 baths

$229,000

3 beds2 baths— sq ft

3240 N Waynoka Cir N, Memphis, TN 38111

Property at 1129 Catalina St, Memphis, TN 38111, 4 beds, 2 baths

$174,900

4 beds2 baths— sq ft

1129 Catalina St, Memphis, TN 38111

Property at 1110 Robin Hood Ln, Memphis, TN 38111, 2 beds, 1 bath

$130,000

2 beds1 bath— sq ft

1110 Robin Hood Ln, Memphis, TN 38111

Property at 207 Marne St, Memphis, TN 38111, 2 beds, 1 bath

$219,000

2 beds1 bath— sq ft

207 Marne St, Memphis, TN 38111

Property at 3115 S Lafayette Cir, Memphis, TN 38111, 2 beds, 2 baths

$324,000

2 beds2 baths— sq ft

3115 S Lafayette Cir, Memphis, TN 38111

Property at 3844 Wilshire Rd, Memphis, TN 38111, 4 beds, 3 baths

$199,800

4 beds3 baths— sq ft

3844 Wilshire Rd, Memphis, TN 38111

Property at 4211 Vann Ave, Memphis, TN 38111, 2 beds, 1 bath

$110,000

2 beds1 bath— sq ft

4211 Vann Ave, Memphis, TN 38111

Property at 3811 S Montclair Dr, Memphis, TN 38111, 2 beds, 1 bath

$300,000

2 beds1 bath— sq ft

3811 S Montclair Dr, Memphis, TN 38111

Property at 3580 Allandale Ln, Memphis, TN 38111, 2 beds, 1 bath

$120,000

2 beds1 bath— sq ft

3580 Allandale Ln, Memphis, TN 38111

Property at 181 Picardy Pl, Memphis, TN 38111, 2 beds, 2 baths

$259,000

2 beds2 baths— sq ft

181 Picardy Pl, Memphis, TN 38111

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Cheap Homes for Sale in 38111

There are currently 184 cheap homes for sale in 38111 at a median listing price of $212K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 38111 stay on the market for 63 days and receive 1 offers. This map is refreshed with the newest listings in 38111 every 15 minutes.

In the past month, 48 homes have been sold in 38111. In addition to houses in 38111, there were also 33 condos, 2 townhouses, and 17 multi-family units for sale in 38111 last month. 38111 is a minimally walkable zip code in Shelby County with a Walk Score of 44. 38111 is home to approximately 42,817 people and 13,222 jobs. Find your dream home in 38111 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 38111 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 38111. If you're looking to sell your home in the 38111 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 38111 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 Wed Nov 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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