Cheap homes for sale & real estate in 38127, TN

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NEW 4 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in 38127, TN:
Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $975/month. The lease ends on 10/31/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

$124,900

3 beds1 bath— sq ft

3158 Madeline Cir, Memphis, TN 38127

0.3 acre lot • Built 1955

NEW 7 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in 38127, TN:
INVESTORS ONLY!! Tenant occupied 4 bed 2 bath home. Currently rented at $745/mo. Seller also selling 1575 Jay ($79,900) and 3536/3538 Christine ($155,000). Can buy in bulk or individually.

$89,900

4 beds2 baths— sq ft

3483 Julia St, Memphis, TN 38127

8,276 sq ft lot • Parking • Built 1960

NEW 8 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in 38127, TN:
INVESTORS ONLY! Tenant occupied 2 bed 1 bath home. Currently rented at $885/mo. Seller also selling 3483 Julia ($89,900) and 3536/3538 Christine ($155,000). Can buy in bulk or individually. No Creative Or Owner Financed Offers. No Wholesale Or Assignment.

$79,900

2 beds1 bath— sq ft

1573 Jay Cv, Memphis, TN 38127

0.31 acre lot • Built 1954

NEW 10 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in 38127, TN:
Attention savvy investors. Don't miss this turnkey investment property with a reliable tenant already in place, offering instant rental income of $850 monthly. Or tenant will need 30 days to vacate

$79,900

2 beds1 bath— sq ft

1916 Tulsa Ave, Memphis, TN 38127

0.32 acre lot • Parking • Built 1955

NEW 13 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in 38127, TN:
Cute 2 Bedroom 1 Bath home with no maintenance aluminum exterior. Some updates, bath, kitchen and flooring. This property may qualify for Seller Financing (Vendee) see attached documents. OWNED BY THE SECRETARY OF VETERAN AFFAIRS. If property was built prior to 1978, Lead Based Paint Potentially Exists. Property being Sold AS-IS~~May not meet FHA Requirements

$39,000

2 beds1 bath— sq ft

2131 Clifton Ave, Memphis, TN 38127

Updates flooring • Updates kitchen • Updates bath

Property at 3651 N Trezevant St, Memphis, TN 38127, 4 beds, 2 baths

$150,000

4 beds2 baths— sq ft

3651 N Trezevant St, Memphis, TN 38127

Property at 782 Frayser Dr, Memphis, TN 38127, 4 beds, 1.5 baths

$75,000

4 beds1.5 baths— sq ft

782 Frayser Dr, Memphis, TN 38127

Property at 5090 Belfast Dr, Memphis, TN 38127, 3 beds, 1 bath

$100,000

3 beds1 bath— sq ft

5090 Belfast Dr, Memphis, TN 38127

Property at 759 Brandywine Blvd, Memphis, TN 38127, 3 beds, 1 bath

$105,000

3 beds1 bath— sq ft

759 Brandywine Blvd, Memphis, TN 38127

Property at 1414 Greendale Ave, Memphis, TN 38127, 3 beds, 1 bath

$125,000

3 beds1 bath— sq ft

1414 Greendale Ave, Memphis, TN 38127

Property at 3110 Sunrise St, Memphis, TN 38127, 3 beds, 1 bath

$88,000

3 beds1 bath— sq ft

3110 Sunrise St, Memphis, TN 38127

Property at 1786 Woodburn Dr, Memphis, TN 38127, 3 beds, 2 baths

$99,900

3 beds2 baths— sq ft

1786 Woodburn Dr, Memphis, TN 38127

Property at 3076 Harvester Ln, Memphis, TN 38127, 4 beds, 2 baths

$90,000

4 beds2 baths— sq ft

3076 Harvester Ln, Memphis, TN 38127

Property at 2714 Nix Cv, Memphis, TN 38127, 3 beds, 1 bath

$119,900

3 beds1 bath— sq ft

2714 Nix Cv, Memphis, TN 38127

Property at 2198 Hillside Ave, Memphis, TN 38127, 3 beds, 1 bath

$97,500

3 beds1 bath— sq ft

2198 Hillside Ave, Memphis, TN 38127

Property at 981 Floyd Ave, Memphis, TN 38127, 2 beds, 1 bath

$73,000

2 beds1 bath— sq ft

981 Floyd Ave, Memphis, TN 38127

Property at 1275 Canfield Ave, Memphis, TN 38127, 3 beds, 2 baths

$125,000

3 beds2 baths— sq ft

1275 Canfield Ave, Memphis, TN 38127

Property at 2436 Chattering Ln, Memphis, TN 38127, 3 beds, 1 bath

$129,900

3 beds1 bath— sq ft

2436 Chattering Ln, Memphis, TN 38127

Property at 3111 Sunrise St, Memphis, TN 38127, 2 beds, 1 bath

$40,000

2 beds1 bath— sq ft

3111 Sunrise St, Memphis, TN 38127

Property at 3563 England St, Memphis, TN 38127, 3 beds, 1 bath

$124,900

3 beds1 bath— sq ft

3563 England St, Memphis, TN 38127

Property at 3300 Benjestown Rd, Memphis, TN 38127, 3 beds, 1.5 baths

$99,624

3 beds1.5 baths— sq ft

3300 Benjestown Rd, Memphis, TN 38127

Property at 2733 Woodland Hills Cv, Memphis, TN 38127, 2 beds, 2 baths

$125,000

2 beds2 baths— sq ft

2733 Woodland Hills Cv, Memphis, TN 38127

Property at 1910 Whitney Ave, Memphis, TN 38127, 3 beds, 2 baths

$120,684

3 beds2 baths— sq ft

1910 Whitney Ave, Memphis, TN 38127

Property at 4146 University St, Memphis, TN 38127, 3 beds, 1 bath

$98,330

3 beds1 bath— sq ft

4146 University St, Memphis, TN 38127

Property at 2510 Smith Ridge Rd, Memphis, TN 38127, 3 beds, 1 bath

$119,900

3 beds1 bath— sq ft

2510 Smith Ridge Rd, Memphis, TN 38127

Property at 1743 Cleoford Ave, Memphis, TN 38127, 2 beds, 1 bath

$64,900

2 beds1 bath— sq ft

1743 Cleoford Ave, Memphis, TN 38127

Property at 901 Chesterton Dr, Memphis, TN 38127, 3 beds, 1 bath

$126,000

3 beds1 bath— sq ft

901 Chesterton Dr, Memphis, TN 38127

Property at 5002 Benjestown Rd, Memphis, TN 38127, 4 beds, 2 baths

$239,000

4 beds2 baths— sq ft

5002 Benjestown Rd, Memphis, TN 38127

Property at 2442 Haisch Rd, Memphis, TN 38127, 3 beds, 1 bath

$50,000

3 beds1 bath— sq ft

2442 Haisch Rd, Memphis, TN 38127

Property at 2034 Driftwood Ave, Memphis, TN 38127, 2 beds, 1 bath

$90,000

2 beds1 bath— sq ft

2034 Driftwood Ave, Memphis, TN 38127

Property at 2313 Nunnelee Ave, Memphis, TN 38127, 3 beds, 1 bath

$69,900

3 beds1 bath— sq ft

2313 Nunnelee Ave, Memphis, TN 38127

Property at 3615 Gowan Dr, Memphis, TN 38127, 3 beds, 1.5 baths

$105,900

3 beds1.5 baths— sq ft

3615 Gowan Dr, Memphis, TN 38127

Property at 3091 Range Line Rd, Memphis, TN 38127, 3 beds, 2.5 baths

$90,000

3 beds2.5 baths— sq ft

3091 Range Line Rd, Memphis, TN 38127

Property at 3644 Sunrise St, Memphis, TN 38127, 3 beds, 2 baths

$145,000

3 beds2 baths— sq ft

3644 Sunrise St, Memphis, TN 38127

Property at 936 Chesterton Dr, Memphis, TN 38127, 3 beds, 1.5 baths

$125,000

3 beds1.5 baths— sq ft

936 Chesterton Dr, Memphis, TN 38127

Property at 3521 Denver St, Memphis, TN 38127, 3 beds, 1 bath

$76,500

3 beds1 bath— sq ft

3521 Denver St, Memphis, TN 38127

Property at 2986 Spring Hill Dr, Memphis, TN 38127, 3 beds, 2 baths

$158,000

3 beds2 baths— sq ft

2986 Spring Hill Dr, Memphis, TN 38127

Property at 1429 Greendale Ave, Memphis, TN 38127, 4 beds, 2 baths

$175,000

4 beds2 baths— sq ft

1429 Greendale Ave, Memphis, TN 38127

Property at 1870 Coventry Dr, Memphis, TN 38127, 3 beds, 2 baths

$130,000

3 beds2 baths— sq ft

1870 Coventry Dr, Memphis, TN 38127

Property at 2762 Overton Crossing Rd, Memphis, TN 38127, 3 beds, 1 bath

$110,000

3 beds1 bath1,359 sq ft

2762 Overton Crossing Rd, Memphis, TN 38127

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 3255 Amselle Cir Cir, Memphis, TN 38127, 3 beds, 1 bath

$120,000

3 beds1 bath— sq ft

3255 Amselle Cir Cir, Memphis, TN 38127

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Cheap Homes for Sale in 38127

There are currently 290 cheap homes for sale in 38127 at a median listing price of $106K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 38127 stay on the market for 91 days. This map is refreshed with the newest listings in 38127 every 15 minutes.

In the past month, 36 homes have been sold in 38127. In addition to houses in 38127, there was also 1 condo, 3 townhouses, and 7 multi-family units for sale in 38127 last month. Find your dream home in 38127 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 38127 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 38127. If you're looking to sell your home in the 38127 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 38127 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 Tue Nov 25 2025. 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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