Cheap homes for sale & real estate in 38114, TN

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ABOUT THIS HOME
Cheap Home for sale in 38114, TN:
AS-IS spacious brick bungalow home. Needs remodeling. Seller can manage renovation with $40K budget in escrow, delivering turnkey product matching finishes shown in “E-Renovation” photos. Lucrative investor opportunity with a flexible path: rehab yourself or secure completed turnkey. Buyer to verify all info. Cash/Hard Money only. POF required with offer. Terms of escrow and renovation management to be included in the purchase agreement. Owner financing available, ask listing agent for details!

$39,100

3 beds1 bath— sq ft

2149 Wabash Dr, Memphis, TN 38114

4,356 sq ft lot • Built 1930 • Listed 65 days

ABOUT THIS HOME
Cheap Home for sale in 38114, TN:
REDUCED $10,000!! Large good looking home with 4 bedrooms and 2 full baths--2 bedrooms up and 2 bedrooms down. Living and dining room plus and eat in kitchen with an island! Central air and heat. Separate laundry room. Larger primary bedroom with a luxury bath and a walk in closet all on a HUGE lot! Big storage building with attached chicken coop! Priced to sell immediately! MOTIVATED SELLER!!!

$134,950

4 beds2 baths— sq ft

2763 Fizer Rd, Memphis, TN 38114

0.25 acre lot • Built 1945 • Listed 65 days

ABOUT THIS HOME
Cheap Home for sale in 38114, TN:
Investors! Welcome to a lovely 1 Bed/1 Bath rental that is cash flowing at $695 per month! Located close to entertainment and commerce, this neighborhood is prime for growth. The current lease runs through 11/30/2025, so don't miss this opportunity to expand your portfolio! This unit is part of a package of 18 properties.

$56,750

1 bed1 bath— sq ft

2868 Choctaw Ave, Memphis, TN 38114

3,049 sq ft lot • Built 1920 • Listed 66 days

ABOUT THIS HOME
Cheap Home for sale in 38114, TN:
This well-maintained 3 bedroom, 2 bath home is a turn-key opportunity for investors! Recent updates include vinyl flooring, new doors, and upgraded plumbing and electrical systems. The property is tenant-occupied with a lease in place at $1,300 per month through September 30, 2026, offering stable, long-term cash flow. * Please note-No showings until an accepted offer.

$135,000

3 beds2 baths— sq ft

835 Josephine St, Memphis, TN 38114

Vinyl flooring • New doors • Upgraded plumbing

ABOUT THIS HOME
Cheap Home for sale in 38114, TN:
3 Bedroom 1 bath home. Great Investment Property. Property to be sold As-Is.

$80,000

3 beds1 bath— sq ft

1578 Southern Ave, Memphis, TN 38114

5,662 sq ft lot • Built 1926 • Listed 72 days

Property at 2621 Dunn Ave, Memphis, TN 38114, 3 beds, 2 baths

$175,000

3 beds2 baths— sq ft

2621 Dunn Ave, Memphis, TN 38114

Property at 2607 Barron Ave, Memphis, TN 38114, 3 beds, 1 bath

$97,000

3 beds1 bath— sq ft

2607 Barron Ave, Memphis, TN 38114

Property at 2933 N Radford Rd, Memphis, TN 38114, 2 beds, 1 bath

$75,000

2 beds1 bath— sq ft

2933 N Radford Rd, Memphis, TN 38114

Property at 2589 Browning Ave, Memphis, TN 38114, 3 beds, 2 baths

$182,000

3 beds2 baths— sq ft

2589 Browning Ave, Memphis, TN 38114

Property at 2901 N Harris Cir, Memphis, TN 38114, 2 beds, 1 bath

$65,000

2 beds1 bath— sq ft

2901 N Harris Cir, Memphis, TN 38114

Property at 2811 Ketchum Rd, Memphis, TN 38114, 6 beds, 2 baths

$84,400

6 beds2 baths— sq ft

2811 Ketchum Rd, Memphis, TN 38114

Property at 1793 Evelyn Ave, Memphis, TN 38114, 2 beds, 1 bath

$74,900

2 beds1 bath— sq ft

1793 Evelyn Ave, Memphis, TN 38114

Property at 1855 Oliver Ave, Memphis, TN 38114, 4 beds, 2.5 baths

$445,900

4 beds2.5 baths— sq ft

1855 Oliver Ave, Memphis, TN 38114

Property at 1931 Manila Ave, Memphis, TN 38114, 4 beds, 1 bath

$179,900

4 beds1 bath— sq ft

1931 Manila Ave, Memphis, TN 38114

Property at 2410 Hollyford Rd, Memphis, TN 38114, 3 beds, 1 bath

$105,000

3 beds1 bath— sq ft

2410 Hollyford Rd, Memphis, TN 38114

Property at 1653 Nelson Ave, Memphis, TN 38114, 4 beds, 2 baths

$264,900

4 beds2 baths— sq ft

1653 Nelson Ave, Memphis, TN 38114

Property at 2851 Carnes Ave, Memphis, TN 38114, 3 beds, 2 baths

$110,000

3 beds2 baths— sq ft

2851 Carnes Ave, Memphis, TN 38114

Property at 1800 Foster Ave, Memphis, TN 38114, 5 beds

$254,900

5 beds— baths— sq ft

1800 Foster Ave, Memphis, TN 38114

Property at 2196 Ketchum Rd, Memphis, TN 38114, 4 beds, 2 baths

$129,000

4 beds2 baths— sq ft

2196 Ketchum Rd, Memphis, TN 38114

Property at 2235 Charjean St, Memphis, TN 38114, 3 beds, 1 bath

$79,900

3 beds1 bath— sq ft

2235 Charjean St, Memphis, TN 38114

Property at 1825 Foster Ave, Memphis, TN 38114, 3 beds, 3 baths

$315,000

3 beds3 baths— sq ft

1825 Foster Ave, Memphis, TN 38114

Property at 1971 Boyle Ave, Memphis, TN 38114, 2 beds, 1 bath

$72,000

2 beds1 bath— sq ft

1971 Boyle Ave, Memphis, TN 38114

Property at 1866 Evelyn Ave, Memphis, TN 38114, 3 beds, 1 bath

$219,000

3 beds1 bath— sq ft

1866 Evelyn Ave, Memphis, TN 38114

Property at 1401 Alamo St, Memphis, TN 38114, 3 beds, 1 bath

$134,900

3 beds1 bath— sq ft

1401 Alamo St, Memphis, TN 38114

Property at 1609-1611 Hugenot St, Memphis, TN 38114, 4 beds, 2 baths

$165,000

4 beds2 baths— sq ft

1609-1611 Hugenot St, Memphis, TN 38114

Property at 1592 Southern Ave, Memphis, TN 38114, 3 beds, 2 baths

$160,000

3 beds2 baths— sq ft

1592 Southern Ave, Memphis, TN 38114

Property at 1928 Brandon Cir, Memphis, TN 38114, 2 beds, 1 bath

$115,000

2 beds1 bath— sq ft

1928 Brandon Cir, Memphis, TN 38114

Property at 2314 Pendleton St, Memphis, TN 38114, 3 beds, 1 bath

$92,000

3 beds1 bath— sq ft

2314 Pendleton St, Memphis, TN 38114

Property at 1680 Euclid Ave, Memphis, TN 38114, 3 beds, 2 baths

$264,000

3 beds2 baths— sq ft

1680 Euclid Ave, Memphis, TN 38114

Property at 1394 Chadwick Cir, Memphis, TN 38114, 4 beds, 2 baths

$205,000

4 beds2 baths— sq ft

1394 Chadwick Cir, Memphis, TN 38114

Property at 2758 Smith Haven Dr, Memphis, TN 38114, 2 beds, 1 bath

$108,000

2 beds1 bath— sq ft

2758 Smith Haven Dr, Memphis, TN 38114

Property at 1701 Vesey Ave, Memphis, TN 38114, 3 beds, 2 baths

$230,000

3 beds2 baths— sq ft

1701 Vesey Ave, Memphis, TN 38114

Property at 950 Melrose St, Memphis, TN 38114, 3 beds, 1 bath

$99,000

3 beds1 bath— sq ft

950 Melrose St, Memphis, TN 38114

Property at 1428 Smythe Ave #58, Memphis, TN 38114, 2 beds, 1 bath

$85,000

2 beds1 bath— sq ft

1428 Smythe Ave #58, Memphis, TN 38114

Property at 2764 Burns Ave, Memphis, TN 38114, 2 beds, 1 bath

$85,000

2 beds1 bath— sq ft

2764 Burns Ave, Memphis, TN 38114

Property at 2768 Burns Ave, Memphis, TN 38114, 2 beds, 1 bath

$65,000

2 beds1 bath— sq ft

2768 Burns Ave, Memphis, TN 38114

Property at 2481 Kimball Ave, Memphis, TN 38114, 2 beds, 1.5 baths

$85,000

2 beds1.5 baths— sq ft

2481 Kimball Ave, Memphis, TN 38114

Property at 1893 Felix Ave, Memphis, TN 38114, 3 beds, 2 baths

$325,000

3 beds2 baths— sq ft

1893 Felix Ave, Memphis, TN 38114

Property at 1417 Semmes St #26, Memphis, TN 38114, 2 beds, 1 bath

$75,000

2 beds1 bath— sq ft

1417 Semmes St #26, Memphis, TN 38114

Property at 2452 Pecan Cir, Memphis, TN 38114, 3 beds, 1 bath

$100,000

3 beds1 bath— sq ft

2452 Pecan Cir, Memphis, TN 38114

Property at 2904 Barron Ave, Memphis, TN 38114, 3 beds, 2 baths

$162,000

3 beds2 baths— sq ft

2904 Barron Ave, Memphis, TN 38114

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Cheap Homes for Sale in 38114

There are currently 124 cheap homes for sale in 38114 at a median listing price of $133K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 38114 stay on the market for 92 days. This map is refreshed with the newest listings in 38114 every 15 minutes.

In the past month, 11 homes have been sold in 38114. In addition to houses in 38114, there was also 1 condo, 1 townhouse, and 12 multi-family units for sale in 38114 last month. 38114 is a minimally walkable zip code in Shelby County with a Walk Score of 43. 38114 is home to approximately 26,865 people and 4,324 jobs. Find your dream home in 38114 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 38114 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 38114. If you're looking to sell your home in the 38114 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 38114 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 Sat Nov 29 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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