Cheap homes for sale & real estate in 38120, TN

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ABOUT THIS HOME
Cheap Home for sale in 38120, TN:
A Hidden Gem in the Heart of East Memphis! Discover one of East Memphis' best-kept secrets in the charming Fountain Pointe community! Enjoy the perfect combination of peaceful neighborhood living and unbeatable convenience, just minutes from some of Memphis' best shopping, dining, entertainment, and everyday amenities. With easy access to Poplar Avenue, major thoroughfares, and everything East Memphis has to offer, this location is hard to beat! Tucked inside a gated community, this beautifully renovated 3-bedroom, 2-bath home offers approximately 1,995 square feet of stylish living space. Enjoy a stunning updated kitchen, refreshed bathrooms, new flooring, spacious living areas, and beauti

$369,900

3 beds2.5 baths— sq ft

400 Fountain Lake Dr, Memphis, TN 38120

Gated community • New flooring • Refreshed bathrooms

FLOOR PLAN

ABOUT THIS HOME
Cheap Home for sale in 38120, TN:
East Memphis charm at its finest! Nestled in a peaceful cove, 507 Melody Lane is a rare find offering timeless character, beautiful updates, and exceptional outdoor living! This 3BR/2BA home features newly refinished original hardwoods, gorgeous bay windows, and abundant natural light. The kitchen boasts granite countertops and an island, opening to a light-filled den with a brand new manual gas fireplace- chimney has been rebuilt at top and relined. The newly renovated solid wood covered carport is an entertainer’s dream, complemented by a beautiful brick patio, fully fenced and gated spacious backyard with brand new, two room storage area adds incredible versatility! Additional upgr

$445,000

3 beds2 baths— sq ft

507 Melody Ln, Memphis, TN 38120

Granite countertops • Light filled den • Gorgeous bay windows

FLOOR PLAN

ABOUT THIS HOME
Cheap Home for sale in 38120, TN:
Out of the box in all the best ways, this one level Mid Century Modern is full of character, light, and unforgettable spaces. Vaulted ceilings, exposed wood beams, and walls of windows showcase the bold architectural style that makes mid century homes so special. The sunroom steals the show with backyard views and incredible natural light. The flexible layout includes 3 bedrooms, 3 full bathrooms, plus a separate office space. Even better, there are two true primary suites. The beautifully landscaped backyard feels like a private retreat with natural rock features, mature trees, and perfect hammock spots. Even the attached 2 car garage adds charm with its decorative open brickwork. All of t

$425,000

3 beds3 baths— sq ft

41 E Yates Rd, Memphis, TN 38120

Walls of windows • Exposed wood beams • Natural light

FLOOR PLAN

ABOUT THIS HOME
Cheap Home for sale in 38120, TN:
Adorable 3-bedroom, 1.5-bath home situated on a generously sized lot in a prime East Memphis location! Nestled in a quiet, established neighborhood, this charming home offers beautiful hardwood floors throughout, spacious rooms, and a wonderful floor plan. The updated kitchen provides both style and functionality, while the oversized 15x17 den offers plenty of room for relaxing, entertaining, or gathering with friends and family. Additional improvements include a new electrical panel for added peace of mind. Enjoy the convenience of being within walking distance to Richland Elementary and White Station Middle School, with shopping, dining, and entertainment just minutes away. A fantastic op

$224,900

3 beds1.5 baths— sq ft

307 Montelo Rd, Memphis, TN 38120

Oversized den • Generously sized lot • Updated kitchen

OPEN SUN, 11AM TO 1PMFLOOR PLAN

$345,000

3 beds2.5 baths— sq ft

5705 Normandy Rd, Memphis, TN 38120

0.27 acre lot • Garage • Built 1960

Property at 5262 Southwood Dr, Memphis, TN 38120, 4 beds, 2 baths

$429,900

4 beds2 baths— sq ft

5262 Southwood Dr, Memphis, TN 38120

Property at 6761 Quail Hollow Ct #3, Memphis, TN 38120, 1 bed, 1 bath

$79,000

1 bed1 bath— sq ft

6761 Quail Hollow Ct #3, Memphis, TN 38120

Property at 1528 Eastridge Dr, Memphis, TN 38120, 4 beds, 3 baths

$389,999

4 beds3 baths— sq ft

1528 Eastridge Dr, Memphis, TN 38120

Property at 261 N Yates Rd, Memphis, TN 38120, 3 beds, 2 baths

$319,500

3 beds2 baths— sq ft

261 N Yates Rd, Memphis, TN 38120

Property at 5492 Mesquite Rd, Memphis, TN 38120, 4 beds, 2 baths

$315,000

4 beds2 baths— sq ft

5492 Mesquite Rd, Memphis, TN 38120

Property at 5699 Normandy Rd, Memphis, TN 38120, 4 beds, 3.5 baths

$360,000

4 beds3.5 baths— sq ft

5699 Normandy Rd, Memphis, TN 38120

Property at 160 Sylben Cv, Memphis, TN 38120, 3 beds, 2.5 baths

$379,900

3 beds2.5 baths— sq ft

160 Sylben Cv, Memphis, TN 38120

Property at 5739 Ashbriar Ave, Memphis, TN 38120, 3 beds, 2 baths

$349,900

3 beds2 baths— sq ft

5739 Ashbriar Ave, Memphis, TN 38120

Property at 5491 Laurie Ln, Memphis, TN 38120, 3 beds, 2.5 baths

$340,000

3 beds2.5 baths— sq ft

5491 Laurie Ln, Memphis, TN 38120

Property at 6744 Quail Hollow Ct #1, Memphis, TN 38120, 2 beds, 2 baths

$145,000

2 beds2 baths— sq ft

6744 Quail Hollow Ct #1, Memphis, TN 38120

Property at 5524 Fountain Bay Dr, Memphis, TN 38120, 4 beds, 2.5 baths

$349,000

4 beds2.5 baths— sq ft

5524 Fountain Bay Dr, Memphis, TN 38120

Property at 1000 Murray Hill Ln #101, Memphis, TN 38120, 2 beds, 2.5 baths

$330,000

2 beds2.5 baths— sq ft

1000 Murray Hill Ln #101, Memphis, TN 38120

Property at 255 Aviva Dr, Memphis, TN 38120, 3 beds, 3 baths

$319,900

3 beds3 baths— sq ft

255 Aviva Dr, Memphis, TN 38120

Property at 871 S Yates Rd #1, Memphis, TN 38120, 3 beds, 2.5 baths

$226,000

3 beds2.5 baths— sq ft

871 S Yates Rd #1, Memphis, TN 38120

Property at 1500 Kirby Pkwy, Memphis, TN 38120, 5 beds, 3.5 baths

$399,999

5 beds3.5 baths— sq ft

1500 Kirby Pkwy, Memphis, TN 38120

Property at 5362 Wilton Ave, Memphis, TN 38120, 3 beds, 2 baths

$347,950

3 beds2 baths— sq ft

5362 Wilton Ave, Memphis, TN 38120

Property at 867 S Yates Rd #1, Memphis, TN 38120, 2 beds, 2.5 baths

$199,500

2 beds2.5 baths— sq ft

867 S Yates Rd #1, Memphis, TN 38120

Property at 5560 Fountain Bay Dr, Memphis, TN 38120, 3 beds, 2 baths

$325,000

3 beds2 baths— sq ft

5560 Fountain Bay Dr, Memphis, TN 38120

Property at 6684 Whispering Oak Pl #1, Memphis, TN 38120, 2 beds, 2 baths

$110,000

2 beds2 baths— sq ft

6684 Whispering Oak Pl #1, Memphis, TN 38120

Property at 863 S Yates Rd #3, Memphis, TN 38120, 3 beds, 2.5 baths

$200,000

3 beds2.5 baths— sq ft

863 S Yates Rd #3, Memphis, TN 38120

Property at 6705 Majestic Oak Pl #4, Memphis, TN 38120, 2 beds, 2 baths

$95,000

2 beds2 baths— sq ft

6705 Majestic Oak Pl #4, Memphis, TN 38120

Property at 6668 Monmouth Dr, Memphis, TN 38120, 4 beds, 3.5 baths

$439,000

4 beds3.5 baths— sq ft

6668 Monmouth Dr, Memphis, TN 38120

Property at 5250 Sequoia Ave, Memphis, TN 38120, 3 beds, 2 baths

$309,500

3 beds2 baths— sq ft

5250 Sequoia Ave, Memphis, TN 38120

Property at 855 S Yates Rd #3, Memphis, TN 38120, 2 beds, 2.5 baths

$225,000

2 beds2.5 baths— sq ft

855 S Yates Rd #3, Memphis, TN 38120

Property at 6774 Enchanted Oak Pl #4, Memphis, TN 38120, 2 beds, 2 baths

$122,000

2 beds2 baths— sq ft

6774 Enchanted Oak Pl #4, Memphis, TN 38120

Property at 379 Mcelroy Rd, Memphis, TN 38120, 4 beds, 3 baths

$374,900

4 beds3 baths— sq ft

379 Mcelroy Rd, Memphis, TN 38120

Property at 6692 Whispering Oak Pl #2, Memphis, TN 38120, 1 bed, 1 bath

$99,000

1 bed1 bath— sq ft

6692 Whispering Oak Pl #2, Memphis, TN 38120

Property at 5737 Buxbriar Ave, Memphis, TN 38120, 4 beds, 2.5 baths

$325,000

4 beds2.5 baths— sq ft

5737 Buxbriar Ave, Memphis, TN 38120

Property at 728 Eventide Dr #728, Memphis, TN 38120, 3 beds, 2.5 baths

$449,000

3 beds2.5 baths— sq ft

728 Eventide Dr #728, Memphis, TN 38120

Property at 294 Mcelroy Rd, Memphis, TN 38120, 3 beds, 2 baths

$269,000

3 beds2 baths— sq ft

294 Mcelroy Rd, Memphis, TN 38120

Property at 716 Eventide Dr #716, Memphis, TN 38120, 4 beds, 2.5 baths

$345,000

4 beds2.5 baths— sq ft

716 Eventide Dr #716, Memphis, TN 38120

Property at 496 Melody Ln, Memphis, TN 38120, 3 beds, 2 baths

$448,500

3 beds2 baths— sq ft

496 Melody Ln, Memphis, TN 38120

Property at 5483 Brantford Rd, Memphis, TN 38120, 3 beds, 2 baths

$439,500

3 beds2 baths— sq ft

5483 Brantford Rd, Memphis, TN 38120

Property at 5251 Princeton Road Ext, Memphis, TN 38120, 3 beds, 2 baths

$319,900

3 beds2 baths— sq ft

5251 Princeton Road Ext, Memphis, TN 38120

Property at 5680 N Angela Rd, Memphis, TN 38120, 4 beds, 3.5 baths

$440,000

4 beds3.5 baths3,634 sq ft

5680 N Angela Rd, Memphis, TN 38120

Listing provided by REALTRACS

Property at 1082 River Green Cv N, Memphis, TN 38120

$225,000

Land1.10 acres (lot)

1082 River Green Cv N, Memphis, TN 38120

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Cheap Homes for Sale in 38120

There are currently 44 cheap homes for sale in 38120 at a median listing price of $445K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 38120 stay on the market for 79 days. This map is refreshed with the newest listings in 38120 every 15 minutes.

In the past month, 24 homes have been sold in 38120. In addition to houses in 38120, there were also 19 condos, 1 townhouse, and 0 multi-family units for sale in 38120 last month. 38120 is a not walkable zip code in Tennessee with a Walk Score of 20. 38120 is home to approximately 14,472 people and 24,096 jobs. Find your dream home in 38120 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 38120 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 38120. If you're looking to sell your home in the 38120 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 38120 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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Listing information provided in part by Realtracs for personal, non-commercial use by viewers of this site and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed by Realtracs. All information should be independently reviewed and verified for accuracy. Copyright © Realtracs Sun Oct 25 2026. All rights reserved.

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