Cheap homes for sale & real estate in 38116, TN

74 homes

Sort:

Recommended

NEW 29 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in 38116, TN:
Looking for your perfect home this is it, a perfect home with hardwood floors through out and 2 bedrooms with carpet, tile floors a 2 car garage roof is less than 10 years old spacious yard with covered patio area in the back great for relaxing , morning coffee or barb-b-ques with the family! Spacious living room Dining room combination. A den with fireplace, kitchen has granite counter tops with appliances included stove , dishwasher, microwave and refrigerator stays. Breakfast area Sellers are offering a First American Eagle Premier 1 year warranty already in place and the home also will qualify for down payment assistance. Call me for details or call your favorite agent and take a lo

$180,000

3 beds2 baths— sq ft

1955 Nellie Rd, Memphis, TN 38116

Tile floors • Covered patio • Appliances included

NEW 21 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in 38116, TN:
Nice spacious home to add to your portfolio or with minor upgrades/repairs make it move-in ready. Nice size rooms, F/P in Den, separate DR, three bedrooms and two full baths with a jack & jill bath. Two car carport and nice fenced back yard. Corner Lot with Big front Yard. "SOLD AS IS - NO WARRANTY". Presently being rented month to month. Do Not Disturb Tenants. No showings without an acceptable contract. Email offers to: ermawill@bellsouth.net. EM to be held at Stanley & Rainey, PC. Call Agent for additional information.

$249,000

3 beds3 baths— sq ft

1586 E Raines Rd, Memphis, TN 38116

Fenced back yard • Big front yard • Corner lot

ABOUT THIS HOME
Cheap Home for sale in 38116, TN:
Awesome possibilities and endless potential on this 4 bedroom, 2 bath home just mins from Graceland. Tons of sq feet, large rooms, seperate living room, dining room, and Den with fireplace plus a 2 car garage! Would make a great rental or airbnb, or make it your dream home! Beuatiful hardwood floors throughout. Home needs major renovation so it's priced well below market value! No blind offers and no wholesale or assigments. No seller financing.

$137,500

4 beds2 baths— sq ft

3909 Birchleaf Rd, Memphis, TN 38116

0.25 acre lot • Garage • Built 1961

FLOOR PLAN

ABOUT THIS HOME
Cheap Home for sale in 38116, TN:
This 3-bedroom, 2-bath home offers a comfortable and functional layout with spacious living areas and a kitchen designed for everyday living. The bedrooms provide comfortable space, while the overall layout offers plenty of potential to make the home your own. Whether you’re looking for a place to call home or an opportunity to add your personal touches, this property is worth a look. The seller is offering a 1-year home warranty with an acceptable offer. Schedule your showing today!

$180,000

3 beds2 baths— sq ft

3759 Maulden Dr, Memphis, TN 38116

0.25 acre lot • 2 parking spots • Built 1959

ABOUT THIS HOME
Cheap Home for sale in 38116, TN:
Welcome to 665 Brakebill Ave! This well-maintained brick home offers a spacious and comfortable layout with plenty of room to enjoy. The generously sized kitchen features granite countertops, a large center island, ample cabinet and counter space, and plenty of room for gathering and entertaining. A sunroom provides additional living space and is the perfect spot to relax while overlooking the nice backyard. The home has been well cared for and offers a functional floor plan with spacious living areas throughout. With its classic brick exterior, inviting yard, and move-in-ready condition, this home is ready for its new owner.

$154,900

3 beds2 baths— sq ft

665 Brakebill Ave, Memphis, TN 38116

Large center island • Sunroom • Nice backyard

Property at 1710 Goodhaven Dr, Memphis, TN 38116, 3 beds, 3 baths

$215,000

3 beds3 baths— sq ft

1710 Goodhaven Dr, Memphis, TN 38116

Property at 989 S Whitehaven Park Cir, Memphis, TN 38116, 4 beds, 1.5 baths

$167,000

4 beds1.5 baths— sq ft

989 S Whitehaven Park Cir, Memphis, TN 38116

Property at 1995 Francisco Blvd, Memphis, TN 38116, 3 beds, 2 baths

$124,900

3 beds2 baths— sq ft

1995 Francisco Blvd, Memphis, TN 38116

Property at 5439 Santa Barbara St, Memphis, TN 38116, 3 beds, 2 baths

$100,000

3 beds2 baths— sq ft

5439 Santa Barbara St, Memphis, TN 38116

Property at 1623 Hutson Rd, Memphis, TN 38116, 4 beds, 2 baths

$219,900

4 beds2 baths— sq ft

1623 Hutson Rd, Memphis, TN 38116

Property at 1785 Homedale Ave, Memphis, TN 38116, 4 beds, 3 baths

$99,900

4 beds3 baths— sq ft

1785 Homedale Ave, Memphis, TN 38116

Property at 3913 Paula St, Memphis, TN 38116, 3 beds, 2 baths

$175,000

3 beds2 baths— sq ft

3913 Paula St, Memphis, TN 38116

Property at 1429 Timothy Dr W, Memphis, TN 38116, 3 beds, 2 baths

$259,900

3 beds2 baths— sq ft

1429 Timothy Dr W, Memphis, TN 38116

Property at 3970 Patte Ann Dr, Memphis, TN 38116, 3 beds, 2 baths

$174,900

3 beds2 baths— sq ft

3970 Patte Ann Dr, Memphis, TN 38116

Property at 1929 Goodhaven Dr, Memphis, TN 38116, 3 beds, 2 baths

$215,000

3 beds2 baths— sq ft

1929 Goodhaven Dr, Memphis, TN 38116

Property at 4374 Ridgewood Rd, Memphis, TN 38116, 3 beds, 2 baths

$114,900

3 beds2 baths— sq ft

4374 Ridgewood Rd, Memphis, TN 38116

Property at 3286 Dogwood Ln, Memphis, TN 38116, 3 beds, 2 baths

$205,000

3 beds2 baths— sq ft

3286 Dogwood Ln, Memphis, TN 38116

Property at 5303 Villa Del Rey Dr, Memphis, TN 38116, 3 beds, 2 baths

$180,000

3 beds2 baths— sq ft

5303 Villa Del Rey Dr, Memphis, TN 38116

Property at 988 Michael Cv, Memphis, TN 38116, 3 beds, 1.5 baths

$167,000

3 beds1.5 baths— sq ft

988 Michael Cv, Memphis, TN 38116

Property at 4368 Gardenview Dr, Memphis, TN 38116, 3 beds, 1.5 baths

$149,000

3 beds1.5 baths— sq ft

4368 Gardenview Dr, Memphis, TN 38116

Property at 5073 Whitworth Rd, Memphis, TN 38116, 3 beds, 2 baths

$185,000

3 beds2 baths— sq ft

5073 Whitworth Rd, Memphis, TN 38116

Property at 3252 Brakebill Cv, Memphis, TN 38116, 4 beds, 2 baths

$218,900

4 beds2 baths— sq ft

3252 Brakebill Cv, Memphis, TN 38116

Property at 3438 Fontaine Dr, Memphis, TN 38116, 3 beds, 2 baths

$259,900

3 beds2 baths— sq ft

3438 Fontaine Dr, Memphis, TN 38116

Property at 5273 Chatfield Dr #5273, Memphis, TN 38116, 3 beds, 2.5 baths

$124,900

3 beds2.5 baths— sq ft

5273 Chatfield Dr #5273, Memphis, TN 38116

Property at 5597 Loch Lomond Dr, Memphis, TN 38116, 3 beds, 1 bath

$94,900

3 beds1 bath— sq ft

5597 Loch Lomond Dr, Memphis, TN 38116

Property at 5350 Lochinvar Rd, Memphis, TN 38116, 3 beds, 1 bath

$75,900

3 beds1 bath— sq ft

5350 Lochinvar Rd, Memphis, TN 38116

Property at 5247 Loch Lomond Rd, Memphis, TN 38116, 2 beds, 1 bath

$74,900

2 beds1 bath— sq ft

5247 Loch Lomond Rd, Memphis, TN 38116

Property at 4516 Paula Dr, Memphis, TN 38116, 4 beds, 2.5 baths

$229,900

4 beds2.5 baths— sq ft

4516 Paula Dr, Memphis, TN 38116

Property at 703 Brakebill Ave, Memphis, TN 38116, 4 beds, 3 baths

$225,000

4 beds3 baths— sq ft

703 Brakebill Ave, Memphis, TN 38116

Property at 4532 Kassell Rd, Memphis, TN 38116, 3 beds, 2 baths

$230,000

3 beds2 baths— sq ft

4532 Kassell Rd, Memphis, TN 38116

Property at 3639 Huckleberry St, Memphis, TN 38116, 4 beds, 2.5 baths

$248,500

4 beds2.5 baths— sq ft

3639 Huckleberry St, Memphis, TN 38116

Property at 1313 Ryanwood Ave, Memphis, TN 38116, 3 beds, 2 baths

$166,000

3 beds2 baths— sq ft

1313 Ryanwood Ave, Memphis, TN 38116

Property at 2091 Wooden Heart Ct #26, Memphis, TN 38116, 3 beds, 2.5 baths

$85,000

3 beds2.5 baths— sq ft

2091 Wooden Heart Ct #26, Memphis, TN 38116

Property at 4254 Sidney Rd, Memphis, TN 38116, 3 beds, 1.5 baths

$89,900

3 beds1.5 baths— sq ft

4254 Sidney Rd, Memphis, TN 38116

Property at 875 Enfield Rd, Memphis, TN 38116, 3 beds, 2 baths

$159,500

3 beds2 baths— sq ft

875 Enfield Rd, Memphis, TN 38116

Property at 3920 Michael Rd, Memphis, TN 38116, 3 beds, 1 bath

$119,900

3 beds1 bath— sq ft

3920 Michael Rd, Memphis, TN 38116

Property at 1502 Mary Jane Ave, Memphis, TN 38116, 3 beds, 1 bath

$140,000

3 beds1 bath— sq ft

1502 Mary Jane Ave, Memphis, TN 38116

Property at 1733 Bender Rd, Memphis, TN 38116, 3 beds, 2 baths

$250,000

3 beds2 baths— sq ft

1733 Bender Rd, Memphis, TN 38116

Property at 4474 St Honore Cv, Memphis, TN 38116, 5 beds, 4 baths

$250,000

5 beds4 baths— sq ft

4474 St Honore Cv, Memphis, TN 38116

Property at 3814 Windcrest Rd, Memphis, TN 38116, 3 beds, 1 bath

$74,900

3 beds1 bath— sq ft

3814 Windcrest Rd, Memphis, TN 38116

Property at 4094 Auburn Rd, Memphis, TN 38116, 3 beds, 2 baths

$134,900

3 beds2 baths— sq ft

4094 Auburn Rd, Memphis, TN 38116

Viewing page 1 of 2

Cheap Homes for Sale in 38116

There are currently 74 cheap homes for sale in 38116 at a median listing price of $159K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 38116 stay on the market for 70 days. This map is refreshed with the newest listings in 38116 every 15 minutes.

In the past month, 26 homes have been sold in 38116. In addition to houses in 38116, there were also 3 condos, 4 townhouses, and 2 multi-family units for sale in 38116 last month. 38116 is a minimally walkable zip code in Tennessee with a Walk Score of 31. 38116 is home to approximately 40,330 people and 19,036 jobs. Find your dream home in 38116 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 38116 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 38116. If you're looking to sell your home in the 38116 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 38116 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

More real estate resources for 38116, TN

Cities

Nearby Zip Codes

Nearby Zip Codes with Cheap Homes

Nearby Cities with Cheap Homes

More to explore in 38116, TN

How to buy a house in 38116, TN

How much house can I afford?

How to buy a house in 10 steps

First-time homebuyer's guide

See more home buying guides

Popular Markets in Tennessee

Based on information submitted to the MLS GRID as of Mon Oct 05 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.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.