Cheap homes for sale & real estate in 38128, TN

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ABOUT THIS HOME
Cheap Home for sale in 38128, TN:
Welcome to this beautifully maintained 3-bedroom, 2-bath property nestled in a quiet, established neighborhood in Raleigh on a corner lot. Step inside to find a spacious living area, a cozy brick fireplace, and a formal dinning room perfect for gatherings and entertaining guest. Enjoy the patio and fenced backyard, ideal for relaxing afternoons, pets or summer barbeques. Lots of available storage. Minutes from shopping and I-40. Looking for a well-kept home - Look no further! Room square footage is approximate.

$255,000

3 beds2 baths— sq ft

4851 Rolling Meadows Dr, Memphis, TN 38128

Formal dining room • Cozy brick fireplace • Patio

ABOUT THIS HOME
Cheap Home for sale in 38128, TN:
tenant occupied investment property, do not disturb tenant. Tenant's rights apply. showings only permitted with accepted offer. Interior photos depict condition before current tenant occupancy.

$125,000

4 beds1 bath— sq ft

3614 Trudy Cv, Memphis, TN 38128

6,098 sq ft lot • Built 1970 • Listed 45 days

ABOUT THIS HOME
Cheap Home for sale in 38128, TN:
Solid rental property in Raleigh. Roof replaced wiithin the last 8 years, hvac, water heater, and other improvements done a little over a year ago. Tenant occupied $1050 per month.

$120,000

3 beds1.5 baths— sq ft

4071 Kerwin Dr, Memphis, TN 38128

Hvac • Improvements • Water heater

ABOUT THIS HOME
Cheap Home for sale in 38128, TN:
Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $975 per month and is on a lease from 4/01/2025 until 03/31/2026. This property was newly renovated in 2019 and a new furnace and central A/C were installed at that time. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

$115,000

3 beds1 bath— sq ft

3693 Windermere Dr, Memphis, TN 38128

New furnace • Central a/c • Newly renovated

ABOUT THIS HOME
Cheap Home for sale in 38128, TN:
Excellent 55+ Independent Living Condominium Community for those 55 and older. Great 1 bedroom 1 bath - pick your wall color and flooring in the bedroom! Amenities included in maintenance fee: utilities, cable tv, bi-weekly housekeeping, maintenance inside as well as outside, grounds, some meals in restaurant, pest control, termite contract, activities program, 24-hour staff on duty, gated, 24-hour emergency maintenance and more.

$65,000

1 bed1 bath— sq ft

3589 Covington Pike #214, Memphis, TN 38128

Utilities included • Cable tv included • Gated

Property at 2958 Glengarry Rd E, Memphis, TN 38128, 5 beds, 4.5 baths

$220,000

5 beds4.5 baths— sq ft

2958 Glengarry Rd E, Memphis, TN 38128

Property at 3899 Walsingham Dr, Memphis, TN 38128, 3 beds, 2 baths

$135,000

3 beds2 baths— sq ft

3899 Walsingham Dr, Memphis, TN 38128

Property at CLAYTON 9132 Allentown Plan, Memphis, TN 38128, 3 beds, 2 baths

$25,000

3 beds2 baths1,100 sq ft

CLAYTON 9132 Allentown Plan, Memphis, TN 38128

Listing provided by Zillow

Property at 3321 Earl Dr, Memphis, TN 38128, 3 beds, 3 baths

$210,000

3 beds3 baths— sq ft

3321 Earl Dr, Memphis, TN 38128

Property at 4378 Shadcrest Dr, Memphis, TN 38128, 3 beds, 1.5 baths

$147,000

3 beds1.5 baths— sq ft

4378 Shadcrest Dr, Memphis, TN 38128

Property at 3228 Whitney Ave, Memphis, TN 38128, 4 beds, 2 baths

$295,000

4 beds2 baths— sq ft

3228 Whitney Ave, Memphis, TN 38128

Property at 3875 Wordsworth Ave, Memphis, TN 38128, 4 beds, 1.5 baths

$109,900

4 beds1.5 baths— sq ft

3875 Wordsworth Ave, Memphis, TN 38128

Property at 4657 Christyshire Dr, Memphis, TN 38128, 3 beds, 2.5 baths

$176,500

3 beds2.5 baths— sq ft

4657 Christyshire Dr, Memphis, TN 38128

Property at 2023 Brighton Rd, Memphis, TN 38128, 2 beds, 1 bath

$80,000

2 beds1 bath— sq ft

2023 Brighton Rd, Memphis, TN 38128

Property at 2976 Scotland Rd, Memphis, TN 38128, 4 beds, 3 baths

$229,000

4 beds3 baths— sq ft

2976 Scotland Rd, Memphis, TN 38128

Property at 4378 Sherrycrest Cv, Memphis, TN 38128, 3 beds, 2 baths

$142,999

3 beds2 baths— sq ft

4378 Sherrycrest Cv, Memphis, TN 38128

Property at 3421 Adrick Rd, Memphis, TN 38128, 3 beds, 2 baths

$175,000

3 beds2 baths— sq ft

3421 Adrick Rd, Memphis, TN 38128

Property at 3711 Wolf Trail Dr, Memphis, TN 38128, 3 beds, 1 bath

$95,000

3 beds1 bath— sq ft

3711 Wolf Trail Dr, Memphis, TN 38128

Property at 4675 Raleigh-lagrange Rd, Memphis, TN 38128, 4 beds, 1.5 baths

$140,000

4 beds1.5 baths— sq ft

4675 Raleigh-lagrange Rd, Memphis, TN 38128

Property at 4040 Windermere Dr, Memphis, TN 38128, 3 beds, 1.5 baths

$129,900

3 beds1.5 baths— sq ft

4040 Windermere Dr, Memphis, TN 38128

Property at 3655 Haughton Ln #2, Memphis, TN 38128, 3 beds, 2.5 baths

$92,000

3 beds2.5 baths— sq ft

3655 Haughton Ln #2, Memphis, TN 38128

Property at 3914 Springfield Dr, Memphis, TN 38128, 4 beds, 2 baths

$315,000

4 beds2 baths— sq ft

3914 Springfield Dr, Memphis, TN 38128

Property at 3121 Glengarry Rd, Memphis, TN 38128, 3 beds, 2 baths

$239,901

3 beds2 baths— sq ft

3121 Glengarry Rd, Memphis, TN 38128

Property at 4627 Crystal Springs Dr, Memphis, TN 38128, 4 beds, 1.5 baths

$112,900

4 beds1.5 baths— sq ft

4627 Crystal Springs Dr, Memphis, TN 38128

Property at 4188 Time St, Memphis, TN 38128, 3 beds, 1 bath

$134,900

3 beds1 bath— sq ft

4188 Time St, Memphis, TN 38128

Property at 3681 Natalie Dr, Memphis, TN 38128, 3 beds, 2 baths

$167,000

3 beds2 baths— sq ft

3681 Natalie Dr, Memphis, TN 38128

Property at 4757 Bluff Wood Cv, Memphis, TN 38128, 3 beds, 2 baths

$152,000

3 beds2 baths— sq ft

4757 Bluff Wood Cv, Memphis, TN 38128

Property at 4100 Hitchcock Dr, Memphis, TN 38128, 3 beds, 2 baths

$149,900

3 beds2 baths— sq ft

4100 Hitchcock Dr, Memphis, TN 38128

Property at 4480 Tanbark Ave, Memphis, TN 38128, 3 beds, 2.5 baths

$225,850

3 beds2.5 baths— sq ft

4480 Tanbark Ave, Memphis, TN 38128

Property at 4564 Stage Rd, Memphis, TN 38128, 3 beds, 2 baths

$130,000

3 beds2 baths— sq ft

4564 Stage Rd, Memphis, TN 38128

Property at 3703 Parfet Cv, Memphis, TN 38128, 4 beds, 2 baths

$175,000

4 beds2 baths— sq ft

3703 Parfet Cv, Memphis, TN 38128

Property at 3936 Timberwood Dr, Memphis, TN 38128, 4 beds, 2 baths

$230,000

4 beds2 baths— sq ft

3936 Timberwood Dr, Memphis, TN 38128

Property at 3885 E Lakemont Dr, Memphis, TN 38128, 4 beds, 3 baths

$355,000

4 beds3 baths— sq ft

3885 E Lakemont Dr, Memphis, TN 38128

Property at 3726 Royal Wood Dr, Memphis, TN 38128, 3 beds, 1 bath

$64,900

3 beds1 bath— sq ft

3726 Royal Wood Dr, Memphis, TN 38128

Property at 3021 Whitney Ave, Memphis, TN 38128, 4 beds, 3 baths

$294,000

4 beds3 baths— sq ft

3021 Whitney Ave, Memphis, TN 38128

Property at 3704 Ridgemont Cv, Memphis, TN 38128, 3 beds, 1 bath

$74,900

3 beds1 bath— sq ft

3704 Ridgemont Cv, Memphis, TN 38128

Property at 3621 Royal Wood Dr, Memphis, TN 38128, 3 beds, 1 bath

$64,900

3 beds1 bath— sq ft

3621 Royal Wood Dr, Memphis, TN 38128

Property at 3762 Berry Ln, Memphis, TN 38128, 3 beds, 1 bath

$104,500

3 beds1 bath— sq ft

3762 Berry Ln, Memphis, TN 38128

Property at 2795 E Hickory Blf, Memphis, TN 38128, 3 beds, 2.5 baths

$124,900

3 beds2.5 baths— sq ft

2795 E Hickory Blf, Memphis, TN 38128

Property at 4409 E Hunters Glen Dr, Memphis, TN 38128, 3 beds, 2 baths

$170,000

3 beds2 baths— sq ft

4409 E Hunters Glen Dr, Memphis, TN 38128

Property at 3358 Brockcrest Cv, Memphis, TN 38128, 4 beds, 1.5 baths

$139,900

4 beds1.5 baths— sq ft

3358 Brockcrest Cv, Memphis, TN 38128

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Cheap Homes for Sale in 38128

There are currently 141 cheap homes for sale in 38128 at a median listing price of $165K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 38128 stay on the market for 62 days. This map is refreshed with the newest listings in 38128 every 15 minutes.

In the past month, 24 homes have been sold in 38128. In addition to houses in 38128, there were also 4 condos, 2 townhouses, and 1 multi-family unit for sale in 38128 last month. Find your dream home in 38128 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 38128 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 38128. If you're looking to sell your home in the 38128 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 38128 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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