Cheap homes for sale & real estate in 38111, TN

Cheap Home for sale in 38111, TN:

Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38111 area. Cash flowing with a monthly rental amount of $1,040/month. The lease ends on 2/28/2027. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

Cheap Home for sale in 38111, TN:

TENANT OCCUPIED. Charming 2-bedroom, 1-bath home just a short walk from the University of Memphis. Offering 900 sq ft of comfortable living space, it features a bright sunroom off the living area—perfect for relaxing or displaying plants. Hardwood floors run throughout, complementing a modern kitchen with plenty of cabinet and counter space. The bathroom is tastefully updated with tiled floors and a tiled shower. Outside, enjoy a fenced backyard with a spacious deck, ideal for entertaining or unwinding. No showings without accepted offer

Cheap Home for sale in 38111, TN:

Beautifully updated 2-bedroom, 2.5-bath condo offering comfort, privacy, and convenience. The interior features attractive bamboo flooring throughout the downstairs living area. Both bedrooms are located upstairs and each has its own private full bathroom, making this layout ideal for roommates, guests, or a comfortable work-from-home setup. A convenient half bath is located downstairs for visitors. While the exterior of the complex is currently undergoing improvements, the NEW property manager and HOA are actively working on a plan that includes a new entry gate (June 2026), fresh exterior paint, new gutters, , and reopening the community pool in 2027. These planned updates are expected to

Cheap Home for sale in 38111, TN:

This is a great investment opportunity. Was currently rented for $1,200 a month. It can be sold separately or as a package deal along with 3739 Spottswood. Please do not disturb the tenant. No showings without an accepted contract.