Cheap homes for sale & real estate in 38117, TN

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NEW 9 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in 38117, TN:
Experience a prime short-term rental investment opportunity with this turnkey Colonial Acres home, offering strong cash-on-cash potential and a proven rental track record. Newly updated and thoughtfully maintained, the property is being sold fully furnished for a seamless transition to its next owner or investor. Beyond its performance as a STR, the home also delivers charm, comfort, and modern updates throughout. Whether you're seeking to grow your portfolio or purchase a ready-to-go home with income potential, this one checks every box. Rent roll is available upon request for qualified buyers.

$295,000

3 beds1 bath— sq ft

4843 Verne Rd, Memphis, TN 38117

Modern updates • Fully furnished • 7,405 sq ft lot

ABOUT THIS HOME
Cheap Home for sale in 38117, TN:
Charming 3 bedroom, 2.5 bath home in sought after East Memphis location. Primary bedroom down with hardwood floors and bath with double vanities, separate shower and tub. Separate den and dining room. Eat-in kitchen with cook top range, island and pantry. Two bedrooms up. Smooth ceilings throughout. Rear loading garage. Roof 7 years old. More photos coming.

$398,500

3 beds2.5 baths— sq ft

344 Greenway Pl, Memphis, TN 38117

Separate tub • Separate shower • Eat-in kitchen

ABOUT THIS HOME
Cheap Home for sale in 38117, TN:
Beautifully renovated 4 bed, 2 bath home in the heart of East Memphis! This move-in ready property features luxury vinyl plank flooring, new light fixtures, and a fully updated kitchen with brand-new cabinets and granite countertops. The spacious living room offers a cozy electric fireplace perfect for relaxing evenings. Both bathrooms have been redesigned with stylish vanities and modern tile work in the showers and floors. Step outside to a large private backyard with a deck—ideal for entertaining or unwinding. A perfect blend of comfort, style, and convenience—don’t miss this one!

$394,900

4 beds2 baths— sq ft

505 Eastbourne Pl, Memphis, TN 38117

Private backyard • Redesigned bathrooms • Updated kitchen

NEW 30 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in 38117, TN:
Freshly updated and move-in ready, this charming home features new interior paint throughout and comes complete with all major appliances—including the washer, dryer, and kitchen appliances. The layout offers comfortable living spaces, good natural light, and easy functionality. Outside, enjoy a fully fenced backyard ideal for pets, gardening, or outdoor relaxing. A one-car carport provides convenient covered parking. A solid, low-maintenance home in a convenient Memphis location perfect for a homeowner or investor.

$169,900

3 beds1 bath— sq ft

1554 Hopewell St, Memphis, TN 38117

New interior paint • One-car carport • 7,840 sq ft lot

ABOUT THIS HOME
Cheap Home for sale in 38117, TN:
Welcome to this freshly remodeled 4-bedroom, 1.5-bath home designed for comfort and simplicity. Natural light brightens the newly painted interior, highlighting modern finishes and all-new lighting. The kitchen features quartz countertops, new cabinets, with lighting, and a practical layout that makes cooking easy. The bedrooms offer plenty of comfortable space, and the open floor plan makes everyday living and entertaining effortless. Move-in ready and updated throughout, this home is ready for its next owner. Schedule your private showing today. Owner/Agent

$235,000

4 beds1.5 baths— sq ft

1784 Sea Isle Rd, Memphis, TN 38117

Remodeled • Quartz countertops • Practical layout

Property at 1220 S White Station Rd, Memphis, TN 38117, 4 beds, 2 baths

$190,000

4 beds2 baths— sq ft

1220 S White Station Rd, Memphis, TN 38117

Property at 5034 Quince Rd, Memphis, TN 38117, 3 beds, 1.5 baths

$225,000

3 beds1.5 baths— sq ft

5034 Quince Rd, Memphis, TN 38117

Property at 5194 Warfield Cv, Memphis, TN 38117, 3 beds, 2 baths

$269,900

3 beds2 baths— sq ft

5194 Warfield Cv, Memphis, TN 38117

Property at 5126 Sea Isle Rd, Memphis, TN 38117, 3 beds, 1 bath

$220,000

3 beds1 bath— sq ft

5126 Sea Isle Rd, Memphis, TN 38117

Property at 4433 Mallory Ave, Memphis, TN 38117, 3 beds, 2.5 baths

$199,000

3 beds2.5 baths— sq ft

4433 Mallory Ave, Memphis, TN 38117

Property at 244 S Grove Park Rd, Memphis, TN 38117, 3 beds, 2 baths

$424,900

3 beds2 baths— sq ft

244 S Grove Park Rd, Memphis, TN 38117

Property at 35 W Bendel Cir, Memphis, TN 38117, 3 beds, 2 baths

$399,000

3 beds2 baths— sq ft

35 W Bendel Cir, Memphis, TN 38117

Property at 5188 Gwynne Rd, Memphis, TN 38117, 4 beds, 2 baths

$399,000

4 beds2 baths— sq ft

5188 Gwynne Rd, Memphis, TN 38117

Property at 4400 Poplar Ave #21, Memphis, TN 38117, 1 bed, 1.5 baths

$135,000

1 bed1.5 baths— sq ft

4400 Poplar Ave #21, Memphis, TN 38117

Property at 1085 Paul Pl, Memphis, TN 38117, 3 beds, 1.5 baths

$280,000

3 beds1.5 baths— sq ft

1085 Paul Pl, Memphis, TN 38117

Property at 484 Kingsgate Cv, Memphis, TN 38117, 3 beds, 2.5 baths

$395,000

3 beds2.5 baths— sq ft

484 Kingsgate Cv, Memphis, TN 38117

Property at 482 Jack Kramer Dr, Memphis, TN 38117, 3 beds, 2.5 baths

$229,900

3 beds2.5 baths— sq ft

482 Jack Kramer Dr, Memphis, TN 38117

Property at 663 Moss Rd, Memphis, TN 38117, 5 beds, 3 baths

$399,999

5 beds3 baths— sq ft

663 Moss Rd, Memphis, TN 38117

Property at 1219 S White Station Rd, Memphis, TN 38117, 3 beds, 1 bath

$179,000

3 beds1 bath— sq ft

1219 S White Station Rd, Memphis, TN 38117

Property at 4888 Verne Rd, Memphis, TN 38117, 4 beds, 2 baths

$330,000

4 beds2 baths— sq ft

4888 Verne Rd, Memphis, TN 38117

Property at 4927 Hampshire Ave, Memphis, TN 38117, 3 beds, 2 baths

$268,900

3 beds2 baths— sq ft

4927 Hampshire Ave, Memphis, TN 38117

Property at 1433 Dearing Rd, Memphis, TN 38117, 3 beds, 2 baths

$240,000

3 beds2 baths— sq ft

1433 Dearing Rd, Memphis, TN 38117

Property at 4797 Helene St, Memphis, TN 38117, 3 beds, 2 baths

$169,900

3 beds2 baths— sq ft

4797 Helene St, Memphis, TN 38117

Property at 1442 Walton Rd, Memphis, TN 38117, 3 beds, 1.5 baths

$199,800

3 beds1.5 baths— sq ft

1442 Walton Rd, Memphis, TN 38117

Property at 4780 Amboy Rd, Memphis, TN 38117, 2 beds, 1.5 baths

$255,000

2 beds1.5 baths— sq ft

4780 Amboy Rd, Memphis, TN 38117

Property at 4939 Verosa Ave, Memphis, TN 38117, 3 beds, 1 bath

$238,000

3 beds1 bath— sq ft

4939 Verosa Ave, Memphis, TN 38117

Property at 726 Hedgegrove Dr #3, Memphis, TN 38117, 2 beds, 1 bath

$215,000

2 beds1 bath— sq ft

726 Hedgegrove Dr #3, Memphis, TN 38117

Property at 1044 Kings Park Dr, Memphis, TN 38117, 3 beds, 2 baths

$325,000

3 beds2 baths— sq ft

1044 Kings Park Dr, Memphis, TN 38117

Property at 4908 Shifri Ave #4908, Memphis, TN 38117, 3 beds, 1.5 baths

$180,000

3 beds1.5 baths— sq ft

4908 Shifri Ave #4908, Memphis, TN 38117

Property at 364 Clawson Cv, Memphis, TN 38117, 4 beds, 3 baths

$449,900

4 beds3 baths— sq ft

364 Clawson Cv, Memphis, TN 38117

Property at 1269 W Perkins Rd, Memphis, TN 38117, 4 beds, 2 baths

$325,000

4 beds2 baths— sq ft

1269 W Perkins Rd, Memphis, TN 38117

Property at 1456 Woodston Rd, Memphis, TN 38117, 3 beds, 1 bath

$250,000

3 beds1 bath— sq ft

1456 Woodston Rd, Memphis, TN 38117

Property at 453 S Perkins Rd S Unit 453-1, Memphis, TN 38117, 3 beds, 3 baths

$220,000

3 beds3 baths— sq ft

453 S Perkins Rd S Unit 453-1, Memphis, TN 38117

Property at 1118 Perkins Ter, Memphis, TN 38117, 3 beds, 2 baths

$295,000

3 beds2 baths— sq ft

1118 Perkins Ter, Memphis, TN 38117

Property at 5170 Meadowcrest Cir, Memphis, TN 38117, 3 beds, 2 baths

$290,000

3 beds2 baths— sq ft

5170 Meadowcrest Cir, Memphis, TN 38117

Property at 1435 W Flamingo Dr, Memphis, TN 38117, 3 beds, 2 baths

$249,900

3 beds2 baths— sq ft

1435 W Flamingo Dr, Memphis, TN 38117

Property at 4472 Fair Meadow Rd S, Memphis, TN 38117, 3 beds, 2 baths

$279,000

3 beds2 baths— sq ft

4472 Fair Meadow Rd S, Memphis, TN 38117

Property at 4471 Jamaica Ave, Memphis, TN 38117, 4 beds, 2 baths

$199,000

4 beds2 baths— sq ft

4471 Jamaica Ave, Memphis, TN 38117

Property at 5094 Alrose Ave, Memphis, TN 38117, 2 beds, 2 baths

$250,000

2 beds2 baths— sq ft

5094 Alrose Ave, Memphis, TN 38117

Property at 1261 Marcia Rd, Memphis, TN 38117, 3 beds, 1 bath

$204,900

3 beds1 bath— sq ft

1261 Marcia Rd, Memphis, TN 38117

Property at 5157 S Angela Rd, Memphis, TN 38117, 3 beds, 2 baths

$415,000

3 beds2 baths— sq ft

5157 S Angela Rd, Memphis, TN 38117

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Cheap Homes for Sale in 38117

There are currently 138 cheap homes for sale in 38117 at a median listing price of $317K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 38117 stay on the market for 63 days and receive 1 offers. This map is refreshed with the newest listings in 38117 every 15 minutes.

In the past month, 41 homes have been sold in 38117. In addition to houses in 38117, there were also 26 condos, 3 townhouses, and 1 multi-family unit for sale in 38117 last month. 38117 is a minimally walkable zip code in Shelby County with a Walk Score of 35. 38117 is home to approximately 26,175 people and 17,632 jobs. Find your dream home in 38117 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 38117 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 38117. If you're looking to sell your home in the 38117 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 38117 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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