Cheap homes for sale & real estate in 38117, TN

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ABOUT THIS HOME
Cheap Home for sale in 38117, TN:
Welcome to one of Colonial Acres' most distinctive homes! Full of warmth, character, and thoughtfully curated design details, this move-in-ready home offers a refreshing alternative to the ordinary. The beautiful kitchen opens to comfortable living spaces designed for everyday living and entertaining. Step outside to a spacious, fully fenced backyard with room to relax, garden, or let pets play. Major updates provide peace of mind, including a 2021 HVAC system, updated plumbing in the primary bathroom, newer appliances, and a 2021 water heater. Located in the heart of desirable Colonial Acres, you'll enjoy convenient access to parks, shopping, restaurants, and everything East Memphis has to

$209,000

3 beds2 baths— sq ft

4762 Quince Rd, Memphis, TN 38117

Spacious backyard • Water heater • Brand new fence

ABOUT THIS HOME
Cheap Home for sale in 38117, TN:
Beautiful park-like setting at 4827 Princeton Rd. in East Memphis. Home and pool are sold in as-is condition. House is most likely a tear-down. Perfect opportunity to renovate, build, or subdivide. A rare find with great potential in a serene location. Property owned by First Horizon bank. Sold AS IS. Lot dimensions are approximate.

$350,000

4 beds4 baths— sq ft

4827 Princeton Rd, Memphis, TN 38117

1.36 acre lot • 3 parking spots • Pool

ABOUT THIS HOME
Cheap Home for sale in 38117, TN:
Welcome to 1526 Vera Cruz, a charming East Memphis home nestled in the desirable Colonial Acres neighborhood! This 3-bedroom home offers beautiful hardwood floors, a renovated kitchen with granite countertops, smooth ceilings, and a versatile bonus office space. Enjoy a spacious fenced backyard, detached garage with workshop space, and plenty of room to relax or entertain. Conveniently located near some of East Memphis’ favorite shopping, dining, and everyday amenities, this home combines classic charm with thoughtful updates in a location you'll love.

$260,000

3 beds1.5 baths— sq ft

1526 Vera Cruz St, Memphis, TN 38117

Bonus office space • Renovated kitchen • Granite countertops

FLOOR PLAN

ABOUT THIS HOME
Cheap Home for sale in 38117, TN:
Adorable turnkey home in prime location on a peaceful street! This beautifully updated 3-bedroom, 2-bath home features lovely hardwood floors throughout, a beautifully renovated, light & airy kitchen completed in 2024, and updated baths. The fabulous laundry/mudroom adds everyday convenience, while the large cedar closet provides excellent storage. The floor plan offers a warm and comfortable living room as well as a separate living area which offers flexible options as a den, office, playroom, or sunroom. Additional improvements include a new HVAC system in 2021 and freshly painted interior and exterior trim in 2025. Enjoy the large, fenced backyard, perfect for entertaining, pets, o

$325,000

3 beds2 baths— sq ft

4681 Crossover Ln, Memphis, TN 38117

Turnkey home • Laundry mudroom • Large cedar closet

FLOOR PLAN

ABOUT THIS HOME
Cheap Home for sale in 38117, TN:
Freedom looks different for everyone. Sometimes it's simply having a home that works with your life instead of asking your life to work around it. This immaculate home offers a split floor plan that creates space to come together without giving up privacy. Step outside and the possibilities expand. Alongside the main home is a detached apartment with its own private backyard, creating an income generating space for a long term or short term rental, a private home office, guest space, or room for family. And when the day is done, the backyard offers mature trees, a beautiful patio, and space to simply enjoy being home. This property doesn't tell you how to live. It gives you the freedom to d

$296,000

3 beds3 baths— sq ft

1639 Colonial Rd, Memphis, TN 38117

Beautiful patio • Detached apartment • Private backyard

Property at 866 Colonial Rd, Memphis, TN 38117, 3 beds, 1 bath

$189,900

3 beds1 bath— sq ft

866 Colonial Rd, Memphis, TN 38117

Property at 4725 Mint Dr #4725, Memphis, TN 38117, 2 beds, 2.5 baths

$395,000

2 beds2.5 baths— sq ft

4725 Mint Dr #4725, Memphis, TN 38117

Property at 252 Barry Rd, Memphis, TN 38117, 3 beds, 2 baths

$410,000

3 beds2 baths— sq ft

252 Barry Rd, Memphis, TN 38117

Property at 5304 Quince Rd, Memphis, TN 38117, 3 beds, 2 baths

$212,000

3 beds2 baths— sq ft

5304 Quince Rd, Memphis, TN 38117

Property at 1185 Wheaton St, Memphis, TN 38117, 4 beds, 3 baths

$325,000

4 beds3 baths— sq ft

1185 Wheaton St, Memphis, TN 38117

Property at 4308 Hilldale Ave, Memphis, TN 38117, 3 beds, 2 baths

$243,000

3 beds2 baths— sq ft

4308 Hilldale Ave, Memphis, TN 38117

Property at 427 S Perkins Rd Unit 427-1, Memphis, TN 38117, 3 beds, 2.5 baths

$224,000

3 beds2.5 baths— sq ft

427 S Perkins Rd Unit 427-1, Memphis, TN 38117

Property at 5137 Whitehall Ave, Memphis, TN 38117, 4 beds, 2 baths

$299,900

4 beds2 baths— sq ft

5137 Whitehall Ave, Memphis, TN 38117

Property at 4651 Flamingo Dr, Memphis, TN 38117, 3 beds, 1 bath

$184,000

3 beds1 bath— sq ft

4651 Flamingo Dr, Memphis, TN 38117

Property at 4967 Newhaven Ave, Memphis, TN 38117, 3 beds, 2 baths

$289,900

3 beds2 baths— sq ft

4967 Newhaven Ave, Memphis, TN 38117

Property at 53 W Walnut Grove Cir, Memphis, TN 38117, 3 beds, 2 baths

$410,000

3 beds2 baths— sq ft

53 W Walnut Grove Cir, Memphis, TN 38117

Property at 1369 Marcia Rd, Memphis, TN 38117, 3 beds, 2 baths

$229,000

3 beds2 baths— sq ft

1369 Marcia Rd, Memphis, TN 38117

Property at 1548 S Perkins Rd, Memphis, TN 38117, 3 beds, 1 bath

$164,900

3 beds1 bath— sq ft

1548 S Perkins Rd, Memphis, TN 38117

Property at 732 Forest Lake Dr, Memphis, TN 38117, 3 beds, 2 baths

$232,000

3 beds2 baths— sq ft

732 Forest Lake Dr, Memphis, TN 38117

Property at 4856 Princeton Rd, Memphis, TN 38117, 3 beds, 2 baths

$419,900

3 beds2 baths— sq ft

4856 Princeton Rd, Memphis, TN 38117

Property at 514 N White Station Rd, Memphis, TN 38117, 3 beds, 1.5 baths

$239,500

3 beds1.5 baths— sq ft

514 N White Station Rd, Memphis, TN 38117

Property at 4856 Kaye Rd, Memphis, TN 38117, 4 beds, 3 baths

$339,900

4 beds3 baths— sq ft

4856 Kaye Rd, Memphis, TN 38117

Property at 4491 Dunn Rd, Memphis, TN 38117, 4 beds, 2 baths

$185,000

4 beds2 baths— sq ft

4491 Dunn Rd, Memphis, TN 38117

Property at 4390 Willow Rd, Memphis, TN 38117, 2 beds, 1 bath

$139,900

2 beds1 bath— sq ft

4390 Willow Rd, Memphis, TN 38117

Property at 1055 Woodview Dr, Memphis, TN 38117, 3 beds, 2 baths

$289,900

3 beds2 baths— sq ft

1055 Woodview Dr, Memphis, TN 38117

Property at 405 S Perkins Rd #430, Memphis, TN 38117, 2 beds, 2 baths

$300,000

2 beds2 baths— sq ft

405 S Perkins Rd #430, Memphis, TN 38117

Property at 312 N Fernway Rd, Memphis, TN 38117, 4 beds, 2 baths

$265,900

4 beds2 baths— sq ft

312 N Fernway Rd, Memphis, TN 38117

Property at 1134 Dearing Rd, Memphis, TN 38117, 3 beds, 2 baths

$231,800

3 beds2 baths— sq ft

1134 Dearing Rd, Memphis, TN 38117

Property at 5021 Sequoia Ave, Memphis, TN 38117, 3 beds, 2 baths

$255,000

3 beds2 baths— sq ft

5021 Sequoia Ave, Memphis, TN 38117

Property at 4928 Willow Rd, Memphis, TN 38117, 3 beds, 1 bath

$183,750

3 beds1 bath— sq ft

4928 Willow Rd, Memphis, TN 38117

Property at 209 Leonora Dr, Memphis, TN 38117, 3 beds, 2 baths

$354,500

3 beds2 baths— sq ft

209 Leonora Dr, Memphis, TN 38117

Property at 4124 Hedge Hills Ave, Memphis, TN 38117, 3 beds, 3 baths

$409,900

3 beds3 baths— sq ft

4124 Hedge Hills Ave, Memphis, TN 38117

Property at 1072 W West Perkins Rd, Memphis, TN 38117, 3 beds, 2 baths

$265,000

3 beds2 baths— sq ft

1072 W West Perkins Rd, Memphis, TN 38117

Property at 1343 Dearing Rd, Memphis, TN 38117, 3 beds, 1 bath

$199,900

3 beds1 bath— sq ft

1343 Dearing Rd, Memphis, TN 38117

Property at 4788 Amboy Rd, Memphis, TN 38117, 3 beds, 2 baths

$325,000

3 beds2 baths— sq ft

4788 Amboy Rd, Memphis, TN 38117

Property at 4563 Dearing Rd, Memphis, TN 38117, 3 beds, 2 baths

$209,900

3 beds2 baths— sq ft

4563 Dearing Rd, Memphis, TN 38117

Property at 5042 Princeton Rd, Memphis, TN 38117, 3 beds, 2 baths

$294,900

3 beds2 baths— sq ft

5042 Princeton Rd, Memphis, TN 38117

Property at 5026 Flamingo Rd, Memphis, TN 38117, 3 beds, 2 baths

$240,000

3 beds2 baths— sq ft

5026 Flamingo Rd, Memphis, TN 38117

Property at 5100 Sequoia Ave, Memphis, TN 38117, 3 beds, 2 baths

$319,900

3 beds2 baths— sq ft

5100 Sequoia Ave, Memphis, TN 38117

Property at 5144 Mason Rd, Memphis, TN 38117, 3 beds, 2 baths

$295,000

3 beds2 baths— sq ft

5144 Mason Rd, Memphis, TN 38117

Property at 4883 Kimball Rd, Memphis, TN 38117, 3 beds, 1 bath

$174,500

3 beds1 bath— sq ft

4883 Kimball Rd, Memphis, TN 38117

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Cheap Homes for Sale in 38117

There are currently 166 cheap homes for sale in 38117 at a median listing price of $290K. 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 71 days and receive 1 offers. This map is refreshed with the newest listings in 38117 every 15 minutes.

In the past month, 50 homes have been sold in 38117. In addition to houses in 38117, there were also 25 condos, 3 townhouses, and 1 multi-family unit for sale in 38117 last month. 38117 is a minimally walkable zip code in Tennessee 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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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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