Cheap homes for sale & real estate in 38115, TN

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NEW 22 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in 38115, TN:
Welcome to this well-designed 3BR/2BA home offering comfortable and versatile living spaces. Enjoy a separate living and dining room, plus a spacious den with a fireplace, providing a warm central gathering area. A large sunroom adds extra space for relaxing or entertaining year-round. The home also includes a cozy office space located off the laundry room, ideal for work at home or organization. Washer, dryer, and refrigerator will remain. This property provides functionality and room to make it your own. No blind offers, wholesalers or assignments.

$225,000

3 beds2 baths— sq ft

3462 Fox Meadows Rd, Memphis, TN 38115

Large sunroom • Cozy office space • 0.26 acre lot

NEW

ABOUT THIS HOME
Cheap Home for sale in 38115, TN:
PRICED TO SELL. Agent bring your buyers to this 2bedrooms 2bathrooms property. Very little TLC needed on this GEM to make shine back again. New kitchen sink plumbing installed 2025, new smoke detector with 10yrs lithium battery 2025, window air conditiners and fence has been completed repaired 2025. Very little work this unit will shine back as a star. Rents for $855 - $955. Low taxes, Low HOA. Laundry hookups in unit.

$46,990

2 beds1.5 baths960 sq ft

5273 Flowering Peach Dr #5273, Memphis, TN 38115

2 parking spots • Built 1974

Listing provided by REALTRACS as Distributed by MLS Grid

ABOUT THIS HOME
Cheap Home for sale in 38115, TN:
Sold as-is. Perfect opportunity for a very nice 1B 1BA downstairs flat. Beautifully renovated BA . Washer and dryer connection. All appliances including refrigerator stays. Conveniently close to I-240 and TN-385. Tenant occupied paying $845/mo. Lease runs through Oct. 2026. Please Do Not Disturb tenants. No showing without an accepted offer. Lender require repairs only. Cash or Conventional only!

$50,000

1 bed1 bath— sq ft

2829 Los Gatos Ct #1, Memphis, TN 38115

Renovated ba • Community pool • Built 1973

ABOUT THIS HOME
Cheap Home for sale in 38115, TN:
Don't miss out on this FULLY REHABBED 3 BR 2 BT JEWEL - THIS SUPER CLEAN PROPERTY FEATURES NEW FLOORING and PAINT THROUGHOUT, BEAUTIFUL LAWN, HUGH EAT IN KITCHEN, GREAT RM W/ VAULTED CEILING & WOODBURNING FP

$199,500

3 beds2 baths— sq ft

3856 Innsbrook Dr, Memphis, TN 38115

Fully rehabbed • Hugh eat in kitchen • New flooring

ABOUT THIS HOME
Cheap Home for sale in 38115, TN:
2 bed 2 bath Memphis Condo! Needs some updating, but comes with a Brand new Hot Water Heater, new Furnace installed 1 year ago, new Condenser installed in 2022. Strong potential with room to add value. Don't miss this great opportunity!

$48,000

2 beds2 baths— sq ft

2833 Los Gatos Ct #1, Memphis, TN 38115

New furnace • Hot water heater • New condenser

Property at 5581 Crepe Myrtle Dr, Memphis, TN 38115, 2 beds, 2.5 baths

$114,900

2 beds2.5 baths— sq ft

5581 Crepe Myrtle Dr, Memphis, TN 38115

Property at 6443 Kirby Trees Pl, Memphis, TN 38115, 3 beds, 2.5 baths

$75,000

3 beds2.5 baths— sq ft

6443 Kirby Trees Pl, Memphis, TN 38115

Property at 5211 Flowering Peach Dr, Memphis, TN 38115, 3 beds, 1.5 baths

$75,000

3 beds1.5 baths— sq ft

5211 Flowering Peach Dr, Memphis, TN 38115

Property at 3344 Kirby Trees Pl, Memphis, TN 38115, 4 beds, 2 baths

$75,000

4 beds2 baths— sq ft

3344 Kirby Trees Pl, Memphis, TN 38115

Property at 3338 Kirby Trees Pl, Memphis, TN 38115, 3 beds, 2 baths

$75,000

3 beds2 baths— sq ft

3338 Kirby Trees Pl, Memphis, TN 38115

Property at 3336 Kirby Trees Pl, Memphis, TN 38115, 3 beds, 2.5 baths

$75,000

3 beds2.5 baths— sq ft

3336 Kirby Trees Pl, Memphis, TN 38115

Property at 3761 Station Way #3761, Memphis, TN 38115, 2 beds, 1.5 baths

$35,000

2 beds1.5 baths— sq ft

3761 Station Way #3761, Memphis, TN 38115

Property at 5841 Foxdale Rd, Memphis, TN 38115, 3 beds, 2 baths

$209,000

3 beds2 baths— sq ft

5841 Foxdale Rd, Memphis, TN 38115

Property at 6730 Birch Run Dr, Memphis, TN 38115, 3 beds, 2 baths

$195,000

3 beds2 baths— sq ft

6730 Birch Run Dr, Memphis, TN 38115

Property at 6294 Scarletcrest Ln, Memphis, TN 38115, 3 beds, 2 baths

$230,000

3 beds2 baths— sq ft

6294 Scarletcrest Ln, Memphis, TN 38115

Property at 4073 Silverleaf Rd, Memphis, TN 38115, 3 beds, 2 baths

$179,900

3 beds2 baths— sq ft

4073 Silverleaf Rd, Memphis, TN 38115

Property at 3798 Clarke Rd, Memphis, TN 38115, 6 beds, 4 baths

$180,000

6 beds4 baths— sq ft

3798 Clarke Rd, Memphis, TN 38115

Property at 6480 Wildwind Dr, Memphis, TN 38115, 3 beds, 2 baths

$189,900

3 beds2 baths— sq ft

6480 Wildwind Dr, Memphis, TN 38115

Property at 6543 Fern Creek Dr, Memphis, TN 38115, 2 beds, 2 baths

$124,900

2 beds2 baths— sq ft

6543 Fern Creek Dr, Memphis, TN 38115

Property at 3717 Deer Forest Dr, Memphis, TN 38115, 2 beds, 2 baths

$115,000

2 beds2 baths— sq ft

3717 Deer Forest Dr, Memphis, TN 38115

Property at 6604 Gazebo Cv, Memphis, TN 38115, 2 beds, 2.5 baths

$124,900

2 beds2.5 baths— sq ft

6604 Gazebo Cv, Memphis, TN 38115

Property at 5599 Fox Meadows Cv, Memphis, TN 38115, 4 beds, 2 baths

$210,000

4 beds2 baths— sq ft

5599 Fox Meadows Cv, Memphis, TN 38115

Property at 5647 Maple Tree Dr, Memphis, TN 38115, 3 beds, 2 baths

$99,500

3 beds2 baths— sq ft

5647 Maple Tree Dr, Memphis, TN 38115

Property at 6731 Starkenburg Ln, Memphis, TN 38115, 4 beds, 2 baths

$219,900

4 beds2 baths— sq ft

6731 Starkenburg Ln, Memphis, TN 38115

Property at 6605 Red Birch Dr, Memphis, TN 38115, 3 beds, 2 baths

$219,000

3 beds2 baths— sq ft

6605 Red Birch Dr, Memphis, TN 38115

Property at 3831 Innsbrook Dr, Memphis, TN 38115, 3 beds, 2 baths

$199,900

3 beds2 baths— sq ft

3831 Innsbrook Dr, Memphis, TN 38115

Property at 6330 Thistlebrook Dr, Memphis, TN 38115, 4 beds, 2.5 baths

$232,000

4 beds2.5 baths— sq ft

6330 Thistlebrook Dr, Memphis, TN 38115

Property at 3787 Silver Chalice Dr, Memphis, TN 38115, 3 beds, 2 baths

$218,000

3 beds2 baths— sq ft

3787 Silver Chalice Dr, Memphis, TN 38115

Property at 3218 Thirteen Colony Mall St, Memphis, TN 38115, 4 beds, 2.5 baths

$36,000

4 beds2.5 baths— sq ft

3218 Thirteen Colony Mall St, Memphis, TN 38115

Property at 3803 S Mendenhall Rd, Memphis, TN 38115, 3 beds, 1.5 baths

$36,000

3 beds1.5 baths— sq ft

3803 S Mendenhall Rd, Memphis, TN 38115

Property at 3756 Cambridge Station Dr #3756, Memphis, TN 38115, 2 beds, 1.5 baths

$39,000

2 beds1.5 baths— sq ft

3756 Cambridge Station Dr #3756, Memphis, TN 38115

Property at 5284 Flowering Peach Dr #5284, Memphis, TN 38115, 2 beds, 1.5 baths

$70,000

2 beds1.5 baths— sq ft

5284 Flowering Peach Dr #5284, Memphis, TN 38115

Property at 3257 Clarke Rd, Memphis, TN 38115, 4 beds, 2.5 baths

$278,000

4 beds2.5 baths— sq ft

3257 Clarke Rd, Memphis, TN 38115

Property at 6030 Mingle Dr, Memphis, TN 38115, 3 beds, 2 baths

$199,500

3 beds2 baths— sq ft

6030 Mingle Dr, Memphis, TN 38115

Property at 5715 Maple Tree Dr, Memphis, TN 38115, 4 beds, 2 baths

$210,000

4 beds2 baths— sq ft

5715 Maple Tree Dr, Memphis, TN 38115

Property at 6435 Kirby Trees Dr #6435, Memphis, TN 38115, 3 beds, 2.5 baths

$55,000

3 beds2.5 baths— sq ft

6435 Kirby Trees Dr #6435, Memphis, TN 38115

Property at 3754 Cambridge Station Dr #3754, Memphis, TN 38115, 2 beds, 1.5 baths

$58,375

2 beds1.5 baths— sq ft

3754 Cambridge Station Dr #3754, Memphis, TN 38115

Property at 3793 Station Way #3793, Memphis, TN 38115, 3 beds, 1.5 baths

$66,250

3 beds1.5 baths— sq ft

3793 Station Way #3793, Memphis, TN 38115

Property at 6128 Raintree Dr, Memphis, TN 38115, 3 beds, 2 baths

$195,000

3 beds2 baths— sq ft

6128 Raintree Dr, Memphis, TN 38115

Property at 3764 Cambridge Station Dr #3764, Memphis, TN 38115, 2 beds, 1.5 baths

$56,990

2 beds1.5 baths— sq ft

3764 Cambridge Station Dr #3764, Memphis, TN 38115

Property at 3446 Fox Meadows Rd, Memphis, TN 38115, 3 beds, 2 baths

$239,900

3 beds2 baths— sq ft

3446 Fox Meadows Rd, Memphis, TN 38115

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Cheap Homes for Sale in 38115

There are currently 57 cheap homes for sale in 38115 at a median listing price of $125K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 38115 stay on the market for 77 days. This map is refreshed with the newest listings in 38115 every 15 minutes.

In the past month, 15 homes have been sold in 38115. In addition to houses in 38115, there were also 39 condos, 6 townhouses, and 3 multi-family units for sale in 38115 last month. 38115 is a minimally walkable zip code in Shelby County with a Walk Score of 41. 38115 is home to approximately 38,968 people and 18,303 jobs. Find your dream home in 38115 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 38115 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 38115. If you're looking to sell your home in the 38115 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 38115 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 Dec 13 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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