Cheap homes for sale & real estate in 38127, TN

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ABOUT THIS HOME
Cheap Home for sale in 38127, TN:
Back on the market with a price improvement! Extensively renovated with over $100,000 in upgrades, this property has been thoughtfully transformed inside and out. The open layout creates a smooth transition between the main living areas, offering a welcoming and functional design. The kitchen is a standout with brand-new appliances, a 6-burner gas range, and a pot filler that adds both style and convenience. Spacious walk-in closets provide comfort, while the tankless water heater adds efficiency and the brand-new roof brings lasting peace of mind. Enjoy mornings on the covered front porch, evenings on the covered back porch, or step onto the upstairs balcony to take in the view. Located ju

$399,999

4 beds3.5 baths— sq ft

Brand new appliances • Pot filler • New roof

6224 Benjestown Rd, Memphis, TN 38127

ABOUT THIS HOME
Cheap Home for sale in 38127, TN:
ATTENTION INVESTORS! This 3 bedroom, 1 bathroom brick home was recently refreshed and is rented for $1,050/month. Lease is good until 11/30/2026. Tenant is current with rent and pays on time each month. Home features spacious den with fireplace, 1 car garage, walk up attic for convenient storage, large back yard, convenient location and many other amenities that will keep this home in consistent demand for tenants and homeowners alike! Professionally managed, do not disturb tenant. Tenant ledger and maintenance report available upon request. Showings only with an accepted offer. No wholesale, owner financing, or creative financing offers.

$125,000

2 beds1.5 baths— sq ft

Walk up attic • Brick home • Large back yard

3100 Signal St, Memphis, TN 38127

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 $1005/month. The lease ends on 4/30/2027. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

$109,900

3 beds1 bath— sq ft

0.23 acre lot • Built 1954 • Listed 134 days

3302 N Watkins St, Memphis, TN 38127

ABOUT THIS HOME
Cheap Home for sale in 38127, TN:
currently tenant-occupied, with tenants paying $600 per month on a month-to-month basis. Please do not disturb the tenants. No interior showings will be allowed until an offer has been accepted.

$65,900

3 beds1 bath— sq ft

6,969 sq ft lot • Parking • Built 1992

5192 Braden Dr, Memphis, TN 38127

ABOUT THIS HOME
Cheap Home for sale in 38127, TN:
Well-maintained home in 38127. Contact the agent for showings. Please respect the owner privacy. Investor offers accepted. Home is being sold as is. Home should qualify for FHA, VA, and conventional loans.

$150,000

4 beds2 baths— sq ft

0.23 acre lot • Built 1964 • Listed 110 days

3784 Brookmeade St, Memphis, TN 38127

Property at 1864 Macaulay Ave, Memphis, TN 38127, 3 beds, 2 baths

$155,000

3 beds2 baths— sq ft

1864 Macaulay Ave, Memphis, TN 38127

Property at 3215 University St, Memphis, TN 38127, 2 beds, 1 bath

$135,000

2 beds1 bath— sq ft

3215 University St, Memphis, TN 38127

Property at 3685 Irma St, Memphis, TN 38127, 3 beds, 1 bath

$105,000

3 beds1 bath— sq ft

3685 Irma St, Memphis, TN 38127

Property at 3240 Mario St, Memphis, TN 38127, 3 beds, 1 bath

$99,000

3 beds1 bath— sq ft

3240 Mario St, Memphis, TN 38127

Property at 2287 Pamela Dr, Memphis, TN 38127, 3 beds, 1.5 baths

$122,000

3 beds1.5 baths— sq ft

2287 Pamela Dr, Memphis, TN 38127

Property at 945 Floyd Ave, Memphis, TN 38127, 3 beds, 2 baths

$117,000

3 beds2 baths— sq ft

945 Floyd Ave, Memphis, TN 38127

Property at 1703 Corning Ave, Memphis, TN 38127, 3 beds, 1 bath

$94,900

3 beds1 bath— sq ft

1703 Corning Ave, Memphis, TN 38127

Property at 1522 Frayser Blvd, Memphis, TN 38127, 5 beds, 2 baths

$127,000

5 beds2 baths— sq ft

1522 Frayser Blvd, Memphis, TN 38127

Property at 2077 Willow Wood Ave, Memphis, TN 38127, 3 beds, 1.5 baths

$145,000

3 beds1.5 baths— sq ft

2077 Willow Wood Ave, Memphis, TN 38127

Property at 3240 N Watkins St, Memphis, TN 38127, 3 beds, 1 bath

$80,000

3 beds1 bath— sq ft

3240 N Watkins St, Memphis, TN 38127

Property at 5162 Broken Oak Dr, Memphis, TN 38127, 3 beds, 1 bath

$133,500

3 beds1 bath— sq ft

5162 Broken Oak Dr, Memphis, TN 38127

Property at 1150 Finch Dr, Memphis, TN 38127, 3 beds, 2 baths

$174,900

3 beds2 baths— sq ft

1150 Finch Dr, Memphis, TN 38127

Property at 3674 Mountain Ter, Memphis, TN 38127, 3 beds, 1 bath

$94,000

3 beds1 bath— sq ft

3674 Mountain Ter, Memphis, TN 38127

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

$65,000

2 beds1 bath— sq ft

2034 Driftwood Ave, Memphis, TN 38127

Property at 3077 Signal St, Memphis, TN 38127, 3 beds, 1 bath

$81,650

3 beds1 bath— sq ft

3077 Signal St, Memphis, TN 38127

Property at 3844 Ajanders Dr, Memphis, TN 38127, 4 beds, 2 baths

$144,900

4 beds2 baths— sq ft

3844 Ajanders Dr, Memphis, TN 38127

Property at 706 Northaven Dr, Memphis, TN 38127, 3 beds, 1 bath

$117,901

3 beds1 bath— sq ft

706 Northaven Dr, Memphis, TN 38127

Property at 2189 Lisa Ave, Memphis, TN 38127, 3 beds, 1 bath

$79,900

3 beds1 bath— sq ft

2189 Lisa Ave, Memphis, TN 38127

Property at 4109 Knob Dr, Memphis, TN 38127, 3 beds, 2 baths

$122,000

3 beds2 baths— sq ft

4109 Knob Dr, Memphis, TN 38127

Property at 4100 Cliffdale St, Memphis, TN 38127, 3 beds, 1.5 baths

$94,900

3 beds1.5 baths— sq ft

4100 Cliffdale St, Memphis, TN 38127

Property at 3736 W Donna Dr, Memphis, TN 37127, 4 beds, 2 baths

$130,000

4 beds2 baths— sq ft

3736 W Donna Dr, Memphis, TN 37127

Property at 4094 Knob Dr, Memphis, TN 38127, 3 beds, 1.5 baths

$104,900

3 beds1.5 baths— sq ft

4094 Knob Dr, Memphis, TN 38127

Property at 5323 Plover Dr, Memphis, TN 38127, 3 beds, 1 bath

$94,900

3 beds1 bath— sq ft

5323 Plover Dr, Memphis, TN 38127

Property at 3581 Gowan Dr, Memphis, TN 38127, 3 beds, 1.5 baths

$119,000

3 beds1.5 baths— sq ft

3581 Gowan Dr, Memphis, TN 38127

Property at 4499 Range Line Rd, Memphis, TN 38127, 3 beds, 1 bath

$75,000

3 beds1 bath— sq ft

4499 Range Line Rd, Memphis, TN 38127

Property at 4406 Ryan St, Memphis, TN 38127, 3 beds, 2 baths

$145,000

3 beds2 baths— sq ft

4406 Ryan St, Memphis, TN 38127

Property at 3832 Lake Park Cv, Memphis, TN 38127, 4 beds, 2 baths

$125,000

4 beds2 baths— sq ft

3832 Lake Park Cv, Memphis, TN 38127

Property at 919 Chesterton Dr, Memphis, TN 38127, 3 beds, 1.5 baths

$129,900

3 beds1.5 baths— sq ft

919 Chesterton Dr, Memphis, TN 38127

Property at 2984 Benjestown Rd, Memphis, TN 38127, 4 beds, 1 bath

$60,000

4 beds1 bath— sq ft

2984 Benjestown Rd, Memphis, TN 38127

Property at 3108 Mensi St, Memphis, TN 38127, 3 beds, 2 baths

$158,000

3 beds2 baths— sq ft

3108 Mensi St, Memphis, TN 38127

Property at 2850 Manndale Ave, Memphis, TN 38127, 3 beds, 1.5 baths

$225,900

3 beds1.5 baths— sq ft

2850 Manndale Ave, Memphis, TN 38127

Property at 1946 Willow Wood Ave, Memphis, TN 38127, 3 beds, 1 bath

$103,900

3 beds1 bath— sq ft

1946 Willow Wood Ave, Memphis, TN 38127

Property at 3740 Ladue St, Memphis, TN 38127, 3 beds, 1 bath

$97,500

3 beds1 bath— sq ft

3740 Ladue St, Memphis, TN 38127

Property at 827 Par Ave, Memphis, TN 38127, 3 beds, 1 bath

$99,900

3 beds1 bath— sq ft

827 Par Ave, Memphis, TN 38127

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

$119,000

3 beds1 bath— sq ft

901 Chesterton Dr, Memphis, TN 38127

Property at 2380 Hillside Ave, Memphis, TN 38127, 3 beds, 1.5 baths

$115,000

3 beds1.5 baths— sq ft

2380 Hillside Ave, Memphis, TN 38127

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Cheap Homes for Sale in 38127

There are currently 279 cheap homes for sale in 38127 at a median listing price of $95K. 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 85 days. This map is refreshed with the newest listings in 38127 every 15 minutes.

In the past month, 77 homes have been sold in 38127. In addition to houses in 38127, there was also 1 condo, 3 townhouses, and 4 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 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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