Cheap homes for sale & real estate in 38115, TN

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ABOUT THIS HOME
Cheap Home for sale in 38115, TN:
Discover this thoughtfully updated condo, offering a practical blend of style and convenience. Designed for a turn-key lifestyle, the home features a refreshed interior with contemporary updates that prioritize everyday functionality and comfort. The kitchen serves as a reliable centerpiece, featuring durable granite countertops and a suite of new stainless steel appliances. The ample counter space and clean finishes provide a solid foundation for daily use and easy maintenance. Throughout the home, the open-concept living area is filled with natural light, highlighting the updated flooring and a fresh, neutral color palette. A standout feature is the $6,000 continued upgrade credit provide

$185,900

3 beds2.5 baths— sq ft

3173 Tulip Poplar Dr N #3173, Memphis, TN 38115

Garage • Pool • Built 1973

ABOUT THIS HOME
Cheap Home for sale in 38115, TN:
INVESTERS ONLY!!! Hot investment opportunity. Tenant occupied 3bed 2bath home rented at $1370/mo. This could be a great addition to your rental portfolio. Professionally managed property by Renshaw. LEASE AND LEDGER AVAILABLE UPON REQUEST. No sign in the yard. Please do not disturb or approach the tenant. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Seller selling 2860 Castleman St, 3011 Christine Rd, 3733 Brompton Rd, 3889 Birchmeadow Cv, 3063 Christine Rd, and 3104 Kingsgate. Can be bought in 4-6 property packages. Kingsgate, both Christine's, and Brompton are available individually with acceptable offer. No wholesalers, no assignments, no creative financing or subject to offers please.

$170,000

3 beds2 baths— sq ft

3889 Birchmeadow Cv, Memphis, TN 38115

0.3 acre lot • Built 1982 • Listed 218 days

ABOUT THIS HOME
Cheap Home for sale in 38115, TN:
Package sale 3755 3bed/1.5 bath & 3760 Cambridge Station Dr. 2bed/1.5 bath. Tenant occupied in 3755, great investment opportunity or home purchase. Call agent for more information and showings.

$62,833

3 beds1.5 baths— sq ft

3755 Cambridge Station Dr #3755, Memphis, TN 38115

Built 1975 • Listed 72 days

ABOUT THIS HOME
Cheap Home for sale in 38115, TN:
Great tenant occupied home. Rent is $1,075/mo. Lease until July 2026. Two story great room with fireplace, wood laminate floors, newer roof, water heater & HVAC system, granite. Bed/Bath up, Bed/Bath down, Loft area up. Screened-in patio, fenced-in backyard.

$123,900

2 beds2 baths— sq ft

6543 Fern Creek Dr, Memphis, TN 38115

Newer roof • Screened-in patio • Water heater

ABOUT THIS HOME
Cheap Home for sale in 38115, TN:
Great tenant occupied home! Rent is $1,100/mo. Leased until July 2026. Two large bedrooms - one upstairs and one down. Screened-in patio overlooking fenced-in backyard. Backs up to trees = privacy! Large spaces, fireplace, soaring ceilings! Water Heater 2020, Roof ~2015.

$114,000

2 beds2 baths— sq ft

3717 Deer Forest Dr, Memphis, TN 38115

Backs up to trees • Screened-in patio • Soaring ceilings

Property at 6090 Selkirk Dr, Memphis, TN 38115, 3 beds, 2 baths

$195,000

3 beds2 baths— sq ft

6090 Selkirk Dr, Memphis, TN 38115

Property at 5997 Lofty Oak Rd #5997, Memphis, TN 38115, 3 beds, 2.5 baths

$85,000

3 beds2.5 baths— sq ft

5997 Lofty Oak Rd #5997, Memphis, TN 38115

Property at 5955 Ponderosa Pine Trl #5955, Memphis, TN 38115, 3 beds, 2.5 baths

$117,000

3 beds2.5 baths— sq ft

5955 Ponderosa Pine Trl #5955, Memphis, TN 38115

Property at 3725 Wax Myrtle Dr, Memphis, TN 38115, 2 beds, 1.5 baths

$108,000

2 beds1.5 baths— sq ft

3725 Wax Myrtle 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 3764 Cambridge Station Dr #3764, Memphis, TN 38115, 2 beds, 1.5 baths

$54,990

2 beds1.5 baths— sq ft

3764 Cambridge Station Dr #3764, 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 5995 Lofty Oak Dr #5995, Memphis, TN 38115, 3 beds, 2.5 baths

$148,000

3 beds2.5 baths— sq ft

5995 Lofty Oak Dr #5995, Memphis, TN 38115

Property at 3067 Clarke Rd, Memphis, TN 38115, 4 beds, 2 baths

$145,000

4 beds2 baths2,074 sq ft

3067 Clarke Rd, Memphis, TN 38115

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 6289 Kirby Downs Dr, Memphis, TN 38115, 2 beds, 1.5 baths

$123,000

2 beds1.5 baths1,334 sq ft

6289 Kirby Downs Dr, Memphis, TN 38115

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 5273 Flowering Peach Dr #5273, Memphis, TN 38115, 2 beds, 1.5 baths

$39,990

2 beds1.5 baths960 sq ft

5273 Flowering Peach Dr #5273, Memphis, TN 38115

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 3443 S Mendenhall Rd, Memphis, TN 38115

$20,000

Land0.33 acre (lot)

3443 S Mendenhall Rd, Memphis, TN 38115

Property at 3451 Ridgeway Rd, Memphis, TN 38115

$175,000

Land1.40 acres (lot)

3451 Ridgeway Rd, Memphis, TN 38115

Property at 6040 Winchester Rd, Memphis, TN 38115

$60,000

Land0.88 acre (lot)

6040 Winchester Rd, Memphis, TN 38115

Property at 2849 S Mendenhall Rd, Memphis, TN 38115

$30,000

Land0.23 acre (lot)

2849 S Mendenhall Rd, Memphis, TN 38115

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Cheap Homes for Sale in 38115

There are currently 61 cheap homes for sale in 38115 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 38115 stay on the market for 85 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 28 condos, 7 townhouses, and 1 multi-family unit for sale in 38115 last month. 38115 is a minimally walkable zip code in Tennessee 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 Sun Aug 23 2026. 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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