Cheap homes for sale & real estate in 38118, TN

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ABOUT THIS HOME
Cheap Home for sale in 38118, TN:
Greatl property currently occupied. 2 large bedrooms up with 1.5 bath. Recently paintes throughout. New carpet and new dishwasher. .

$45,000

2 beds1.5 baths— sq ft

Built 1974 • Listed 77 days

4729 Columbine Ct #38, Memphis, TN 38118

FLOOR PLAN

ABOUT THIS HOME
Cheap Home for sale in 38118, TN:
Welcome to this charming single-story home featuring 3 bedrooms and 2 full baths on a spacious 0.24-acre lot. Offering 1,258 square feet of living space, this well-designed residence provides comfortable everyday living with a functional floor plan and ample natural light. Built in 1959, the property includes covered parking and a generous yard with plenty of room for outdoor enjoyment. Conveniently located near schools, shopping, dining, and major commuter routes.

$124,900

3 beds2 baths— sq ft

Covered parking • Generous yard • Single story home

3081 Boxdale St, Memphis, TN 38118

ABOUT THIS HOME
Cheap Home for sale in 38118, TN:
Welcome to 3554 Morning Dew Ct, Memphis, TN 38118! Located in the peaceful Parkway Village neighborhood, this charming single-family home offers a delightful blend of comfort and convenience. Enjoy easy access to major roads such as Perkins Rd and Winchester Rd, placing you just minutes away from an array of shopping, dining, and entertainment options. While this home is a fixer-upper, it already features new flooring in the kitchen, providing a great starting point for your renovations. With its prime location and potential for customization, this property offers an excellent opportunity to create your home or investment.

$55,000

2 beds1.5 baths— sq ft

Built 1974 • Listed 68 days

3554 Morning Dew Ct #11, Memphis, TN 38118

FOR SALE BY OWNER

ABOUT THIS HOME
Cheap Home for sale in 38118, TN:
Completed rehabbed condo with renter paying 1000 a month

$73,000

2 beds2 baths1,182 sq ft

Built 1974 • Listed 79 days

4734 Dandelion Ct, Memphis, TN 38118

ABOUT THIS HOME
Cheap Home for sale in 38118, TN:
Price Improvement! Cash flowing property to add to their portfolio! Home is currently rented and being professionally managed. Lease ends in March 2027. Current rent is $1325 a month. Home was updated in 2025! Call listing agent for details. Access upon accepted offer. Do not Disturb tenants!

$154,000

3 beds2 baths— sq ft

7,840 sq ft lot • Parking • Built 1971

3064 Greenbranch Dr, Memphis, TN 38118

Property at 2872 Churchill St, Memphis, TN 38118, 3 beds, 1 bath

$131,000

3 beds1 bath— sq ft

2872 Churchill St, Memphis, TN 38118

Property at 3220 Gina Dr, Memphis, TN 38118, 5 beds, 2 baths

$194,900

5 beds2 baths— sq ft

3220 Gina Dr, Memphis, TN 38118

Property at 3896 Christine Garden Rd E, Memphis, TN 38118, 4 beds, 2 baths

$205,000

4 beds2 baths— sq ft

3896 Christine Garden Rd E, Memphis, TN 38118

Property at 2911 Claudette Rd, Memphis, TN 38118, 3 beds, 1 bath

$109,900

3 beds1 bath— sq ft

2911 Claudette Rd, Memphis, TN 38118

Property at 3562 Fuller Rd, Memphis, TN 38118, 4 beds, 2 baths

$100,000

4 beds2 baths— sq ft

3562 Fuller Rd, Memphis, TN 38118

Property at 3614 Tchulahoma Rd, Memphis, TN 38118, 4 beds, 3 baths

$180,000

4 beds3 baths— sq ft

3614 Tchulahoma Rd, Memphis, TN 38118

Property at 5134 Scottsdale Ave, Memphis, TN 38118, 4 beds, 2 baths

$145,000

4 beds2 baths— sq ft

5134 Scottsdale Ave, Memphis, TN 38118

Property at 3294 E Oak Side Dr, Memphis, TN 38118, 4 beds, 2 baths

$230,000

4 beds2 baths— sq ft

3294 E Oak Side Dr, Memphis, TN 38118

Property at 2717 Merle St, Memphis, TN 38118, 2 beds, 1 bath

$120,000

2 beds1 bath— sq ft

2717 Merle St, Memphis, TN 38118

Property at 3157 Morningview Dr, Memphis, TN 38118, 3 beds, 2 baths

$119,900

3 beds2 baths— sq ft

3157 Morningview Dr, Memphis, TN 38118

Property at 4915 Foxhall Cv, Memphis, TN 38118, 5 beds, 3.5 baths

$130,000

5 beds3.5 baths— sq ft

4915 Foxhall Cv, Memphis, TN 38118

Property at 3451 Birdsong Ferry Rd, Memphis, TN 38118, 2 beds, 1 bath

$69,900

2 beds1 bath— sq ft

3451 Birdsong Ferry Rd, Memphis, TN 38118

Property at 4845 Summerview Ave, Memphis, TN 38118, 4 beds, 2 baths

$210,000

4 beds2 baths— sq ft

4845 Summerview Ave, Memphis, TN 38118

Property at 3454 Mckenzie St, Memphis, TN 38118, 3 beds, 2 baths

$149,900

3 beds2 baths— sq ft

3454 Mckenzie St, Memphis, TN 38118

Property at 3452 Dobbin Ferry Ave, Memphis, TN 38118, 4 beds, 1.5 baths

$94,900

4 beds1.5 baths— sq ft

3452 Dobbin Ferry Ave, Memphis, TN 38118

Property at 4795 Winchester Rd, Memphis, TN 38118, 2 beds, 1.5 baths

$114,900

2 beds1.5 baths— sq ft

4795 Winchester Rd, Memphis, TN 38118

Property at 2747 Merle St, Memphis, TN 38118, 3 beds, 2 baths

$105,000

3 beds2 baths— sq ft

2747 Merle St, Memphis, TN 38118

Property at 3220 Christine Rd, Memphis, TN 38118, 4 beds, 2 baths

$129,900

4 beds2 baths— sq ft

3220 Christine Rd, Memphis, TN 38118

Property at 2971 Dearing Rd, Memphis, TN 38118, 3 beds, 1 bath

$148,959

3 beds1 bath— sq ft

2971 Dearing Rd, Memphis, TN 38118

Property at 3421 Piney Woods Ave, Memphis, TN 38118, 3 beds, 1 bath

$100,000

3 beds1 bath— sq ft

3421 Piney Woods Ave, Memphis, TN 38118

Property at 3980 Sloan St, Memphis, TN 38118, 4 beds, 2 baths

$164,900

4 beds2 baths— sq ft

3980 Sloan St, Memphis, TN 38118

Property at 2988 Clearbrook St, Memphis, TN 38118, 3 beds, 2 baths

$151,000

3 beds2 baths— sq ft

2988 Clearbrook St, Memphis, TN 38118

Property at 3606 Orange Blossom Ct #61, Memphis, TN 38118, 2 beds, 2 baths

$65,000

2 beds2 baths— sq ft

3606 Orange Blossom Ct #61, Memphis, TN 38118

Property at 3048 Kingsgate Ave, Memphis, TN 38118, 3 beds, 1.5 baths

$139,900

3 beds1.5 baths— sq ft

3048 Kingsgate Ave, Memphis, TN 38118

Property at 4787 Townhouse Way, Memphis, TN 38118, 3 beds, 2 baths

$89,000

3 beds2 baths— sq ft

4787 Townhouse Way, Memphis, TN 38118

Property at 3083 Cherry Rd, Memphis, TN 38118, 3 beds, 1 bath

$130,000

3 beds1 bath— sq ft

3083 Cherry Rd, Memphis, TN 38118

Property at 4905 Fernbrook Dr, Memphis, TN 38118, 3 beds, 1.5 baths

$138,000

3 beds1.5 baths— sq ft

4905 Fernbrook Dr, Memphis, TN 38118

Property at 3618 Shoreham Dr, Memphis, TN 38118, 3 beds, 2 baths

$159,900

3 beds2 baths— sq ft

3618 Shoreham Dr, Memphis, TN 38118

Property at 3399 Beech Grove Rd, Memphis, TN 38118, 3 beds, 1 bath

$136,000

3 beds1 bath— sq ft

3399 Beech Grove Rd, Memphis, TN 38118

Property at 2860 Castleman St, Memphis, TN 38118, 4 beds, 2 baths

$180,000

4 beds2 baths— sq ft

2860 Castleman St, Memphis, TN 38118

Property at 4528 Sugar Creek Rd, Memphis, TN 38118, 3 beds, 1 bath

$99,900

3 beds1 bath— sq ft

4528 Sugar Creek Rd, Memphis, TN 38118

Property at 3763 Clearbrook St, Memphis, TN 38118, 3 beds, 1.5 baths

$103,900

3 beds1.5 baths— sq ft

3763 Clearbrook St, Memphis, TN 38118

Property at 2741 Margot St, Memphis, TN 38118, 2 beds, 1 bath

$86,400

2 beds1 bath— sq ft

2741 Margot St, Memphis, TN 38118

Property at 3011 Beauchamp Dr, Memphis, TN 38118, 3 beds, 1.5 baths

$150,000

3 beds1.5 baths— sq ft

3011 Beauchamp Dr, Memphis, TN 38118

Property at 3733 Brompton Ave, Memphis, TN 38118, 4 beds, 1.5 baths

$135,000

4 beds1.5 baths— sq ft

3733 Brompton Ave, Memphis, TN 38118

Property at 4154 Arrowhead Rd, Memphis, TN 38118, 3 beds, 2 baths

$180,880

3 beds2 baths— sq ft

4154 Arrowhead Rd, Memphis, TN 38118

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Cheap Homes for Sale in 38118

There are currently 102 cheap homes for sale in 38118 at a median listing price of $132K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 38118 stay on the market for 57 days. This map is refreshed with the newest listings in 38118 every 15 minutes.

In the past month, 17 homes have been sold in 38118. In addition to houses in 38118, there were also 11 condos, 3 townhouses, and 7 multi-family units for sale in 38118 last month. 38118 is a minimally walkable zip code in Tennessee with a Walk Score of 35. 38118 is home to approximately 41,741 people and 66,422 jobs. Find your dream home in 38118 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 38118 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 38118. If you're looking to sell your home in the 38118 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 38118 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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