Cheap homes for sale & real estate in 38127, TN

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ABOUT THIS HOME
Cheap Home for sale in 38127, TN:
Wonderful 4 Bedroom, 1 Bath home in great shape. Currently rented @ $1050/month. Market Rent $1350. House was remodeled in 2022, new interior, new bathroom, kitchen, roof, HVAC, Furnace, and hot water heater. Do not disturb tenant, all offer contingent on inspection. No wholesale or owner finance offers will be considered.

$105,000

4 beds1 bath— sq ft

890 Dawn Dr, Memphis, TN 38127

New kitchen • New bathroom • New hvac

ABOUT THIS HOME
Cheap Home for sale in 38127, TN:
Newly Renovated Property! Great opportunity for an investor or homebuyer! The property is currently unoccupied and readily available for viewing. This property is currently being professionally managed by Reedy and Company. Whether you're an owner-occupant or investor, this opportunity is open to you. No wholesale or creative financing offers.

$119,900

3 beds1 bath— sq ft

5387 Cornstalk Dr, Memphis, TN 38127

6,969 sq ft lot • Parking • Built 1976

ABOUT THIS HOME
Cheap Home for sale in 38127, TN:
Investment Opportunity – 3 Bed, 2 Bath Tenant-Occupied Property Great opportunity to start or expand your real estate portfolio with this income-producing property! This 3-bedroom, 2-bath home is currently tenant-occupied, offering immediate rental income. Please note: Property is tenant-occupied. No showings will be scheduled without an accepted offer. Don’t miss out on this turnkey investment!

$110,000

3 beds2 baths— sq ft

3296 Madewell St, Memphis, TN 38127

0.33 acre lot • Built 1953 • Listed 126 days

ABOUT THIS HOME
Cheap Home for sale in 38127, TN:
Charming One-Level Brick Home in Cedarwood Subdivision! Welcome to this well-maintained 3-bedroom, 1-bath home nestled in the quiet Cedarwood neighborhood of Northaven. Freshly painted throughout and move-in ready, this home offers the ease of single-level living with a spacious, functional layout. Enjoy two separate living areas—perfect for entertaining or relaxing—and a dedicated dining space ideal for hosting family meals or game nights. The 17x13 Great Room feels bright and open, featuring a built-in entertainment center that adds both style and function. Situated on a peaceful lot with no neighbors to the side or directly behind, you'll appreciate the extra privacy and qui

$115,000

3 beds1 bath1,434 sq ft

980 N Circle Rd, Memphis, TN 38127

One level brick home • Covered parking • Short stroll to park

ABOUT THIS HOME
Cheap Home for sale in 38127, TN:
Amazing Opportunity with this 3 bed 1 1/2 bath afforable rental home investment; great addition to any portfolio or perfect 1st rental! Checks all boxes! 1600 sqft with very spacious rooms, including a step down den area with a fire place - provides for plush family living and great desirability! Brand New cabinets and A/C unit within last 3 years! Large lot for family usagae! Long-term tenant in place. $1,050.00 monthly rent - below market rate. Do Not Disturb Tenant in any way. Drive-by only. No showing until contract signed. Owner/Agent Relationship

$154,500

3 beds1.5 baths— sq ft

1834 St Elmo St, Memphis, TN 38127

Step down den area • Fire place • A/c unit

Property at 2766 Overton Crossing Rd, Memphis, TN 38127, 3 beds, 1 bath

$109,900

3 beds1 bath— sq ft

2766 Overton Crossing Rd, Memphis, TN 38127

Property at 3113 Kingston St, Memphis, TN 38127, 2 beds, 1 bath

$63,500

2 beds1 bath— sq ft

3113 Kingston St, Memphis, TN 38127

Property at 1045 Carrolton Ave, Memphis, TN 38127, 2 beds, 1 bath

$92,500

2 beds1 bath— sq ft

1045 Carrolton Ave, Memphis, TN 38127

Property at 3522 Mark Twain St, Memphis, TN 38127, 3 beds, 1.5 baths

$97,900

3 beds1.5 baths— sq ft

3522 Mark Twain St, Memphis, TN 38127

Property at 4178 Cliffdale St, Memphis, TN 38127, 4 beds, 1 bath

$89,900

4 beds1 bath— sq ft

4178 Cliffdale St, Memphis, TN 38127

Property at 1651 Corning Ave, Memphis, TN 38127, 3 beds, 1 bath

$85,000

3 beds1 bath— sq ft

1651 Corning Ave, Memphis, TN 38127

Property at 3358 Beechmont St, Memphis, TN 38127, 3 beds, 1 bath

$115,000

3 beds1 bath— sq ft

3358 Beechmont St, Memphis, TN 38127

Property at 2127 Pamela Ave, Memphis, TN 38127, 3 beds, 1 bath

$94,000

3 beds1 bath— sq ft

2127 Pamela Ave, Memphis, TN 38127

Property at 2310 Theda Ave, Memphis, TN 38127, 3 beds, 1 bath

$132,000

3 beds1 bath— sq ft

2310 Theda Ave, Memphis, TN 38127

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

$90,000

3 beds1 bath— sq ft

2189 Lisa Ave, Memphis, TN 38127

Property at 5382 Beaverton Dr, Memphis, TN 38127, 3 beds, 1 bath

$119,900

3 beds1 bath— sq ft

5382 Beaverton Dr, Memphis, TN 38127

Property at 3276 Ashland St, Memphis, TN 38127, 3 beds, 1 bath

$125,000

3 beds1 bath— sq ft

3276 Ashland St, Memphis, TN 38127

Property at 5423 Breckenwood Dr, Memphis, TN 38127, 3 beds, 1.5 baths

$111,000

3 beds1.5 baths— sq ft

5423 Breckenwood Dr, Memphis, TN 38127

Property at 5096 Belfast Dr, Memphis, TN 38127, 3 beds, 1 bath

$79,900

3 beds1 bath— sq ft

5096 Belfast Dr, Memphis, TN 38127

Property at 2011 Lauretta Ave, Memphis, TN 38127, 3 beds, 2 baths

$129,900

3 beds2 baths— sq ft

2011 Lauretta Ave, Memphis, TN 38127

Property at 828 Floyd Ave, Memphis, TN 38127, 3 beds, 1 bath

$118,000

3 beds1 bath— sq ft

828 Floyd Ave, Memphis, TN 38127

Property at 851 Floyd Ave, Memphis, TN 38127, 3 beds, 2 baths

$109,000

3 beds2 baths— sq ft

851 Floyd Ave, Memphis, TN 38127

Property at 1030 Floyd Ave, Memphis, TN 38127, 3 beds, 1 bath

$103,750

3 beds1 bath— sq ft

1030 Floyd Ave, Memphis, TN 38127

Property at 931 Carrolton Ave, Memphis, TN 38127, 3 beds, 1 bath

$99,500

3 beds1 bath— sq ft

931 Carrolton Ave, Memphis, TN 38127

Property at 908 Par Ave, Memphis, TN 38127, 3 beds, 1 bath

$112,500

3 beds1 bath— sq ft

908 Par Ave, Memphis, TN 38127

Property at 1013 Par Ave, Memphis, TN 38127, 3 beds, 1 bath

$104,500

3 beds1 bath— sq ft

1013 Par Ave, Memphis, TN 38127

Property at 921 Par Ave, Memphis, TN 38127, 3 beds, 1 bath

$83,000

3 beds1 bath— sq ft

921 Par Ave, Memphis, TN 38127

Property at 894 Par Ave, Memphis, TN 38127, 3 beds, 1 bath

$106,000

3 beds1 bath— sq ft

894 Par Ave, Memphis, TN 38127

Property at 823 Par Ave, Memphis, TN 38127, 4 beds, 1.5 baths

$129,000

4 beds1.5 baths— sq ft

823 Par Ave, Memphis, TN 38127

Property at 854 Carrolton Ave, Memphis, TN 38127, 4 beds, 2 baths

$123,000

4 beds2 baths— sq ft

854 Carrolton Ave, Memphis, TN 38127

Property at 994 Joel Ave, Memphis, TN 38127, 3 beds, 1 bath

$87,000

3 beds1 bath— sq ft

994 Joel Ave, Memphis, TN 38127

Property at 991 Joel Ave, Memphis, TN 38127, 3 beds, 1 bath

$101,500

3 beds1 bath— sq ft

991 Joel Ave, Memphis, TN 38127

Property at 951 Joel Ave, Memphis, TN 38127, 4 beds, 1 bath

$127,000

4 beds1 bath— sq ft

951 Joel Ave, Memphis, TN 38127

Property at 974 Joel Ave, Memphis, TN 38127, 3 beds, 1 bath

$96,000

3 beds1 bath— sq ft

974 Joel Ave, Memphis, TN 38127

Property at 923 Joel Ave, Memphis, TN 38127, 2 beds, 1 bath

$92,000

2 beds1 bath— sq ft

923 Joel Ave, Memphis, TN 38127

Property at 918 Joel Ave, Memphis, TN 38127, 3 beds, 1 bath

$104,000

3 beds1 bath— sq ft

918 Joel Ave, Memphis, TN 38127

Property at 885 Restbrook Ave, Memphis, TN 38127, 3 beds, 1 bath

$115,900

3 beds1 bath— sq ft

885 Restbrook Ave, Memphis, TN 38127

Property at 908 Restbrook Ave, Memphis, TN 38127, 3 beds, 1 bath

$102,000

3 beds1 bath— sq ft

908 Restbrook Ave, Memphis, TN 38127

Property at 842 Restbrook Ave, Memphis, TN 38127, 2 beds, 1 bath

$71,000

2 beds1 bath— sq ft

842 Restbrook Ave, Memphis, TN 38127

Property at 835 Restbrook Ave, Memphis, TN 38127, 3 beds, 1 bath

$107,000

3 beds1 bath— sq ft

835 Restbrook Ave, Memphis, TN 38127

Property at 803 Par Ave, Memphis, TN 38127, 3 beds, 1 bath

$109,500

3 beds1 bath— sq ft

803 Par Ave, Memphis, TN 38127

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Cheap Homes for Sale in 38127

There are currently 289 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 Thu Nov 27 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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