Cheap homes for sale & real estate in 38128, TN

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ABOUT THIS HOME
Cheap Home for sale in 38128, TN:
PRICE Adjustment!!!!! AND HELP WITH CLOSING!!!! Seller will pay 3% of purchase price towards buyer's closing cost. 1 Bedroom 1 Bath Condo is located on the first floor with a walk up entrance. Newly updated with vinyl plank floors and updated bath and kitchen area. They take care of the maintenance, Utilities , basic cable and more. If your looking for a relaxed living with all the perks its right here. The large Atrium is a gathering spot for games and activities. There is a dining room for evening meals if you choose. You can have a pet in this unit. size is limited to 30lbs at maturity for dogs and limit of two. Other animals are permitted. see attached rules and regulation in listing. T

$69,000

1 bed1 bath— sq ft

3589 Covington Pike #112, Memphis, TN 38128

Updated bath • Large atrium • Dining room

ABOUT THIS HOME
Cheap Home for sale in 38128, TN:
Spacious duplex investment opportunity in the Raleigh area featuring two units, each offering 3 bedrooms and 2 baths. Current scheduled monthly income is $2,600. Both units are tenant occupied — please do not disturb tenants. Great opportunity for investors looking to expand their portfolio with additional duplexes coming available soon in the area. Conveniently located near shopping, dining, and major commuter routes. Working on updates for the property in the next couple of weeks.

$250,000

6 beds4 baths— sq ft

3334 Fairbanks St, Memphis, TN 38128

Tenant occupied • Built 1974 • Listed 106 days

ABOUT THIS HOME
Cheap Home for sale in 38128, TN:
Rare opportunity to make your very own! Home sits on close to 1.4 acres in the Lakewood Hills subdivision. Neighborhood with lake access. Over 3400 square feet. 6 bedroom home. Selling as-is. Great bones. Great investment opportunity!

$315,000

6 beds3 baths— sq ft

3327 Homewood Dr, Memphis, TN 38128

1.4 acres • Lake access • 1.25 acre lot

ABOUT THIS HOME
Cheap Home for sale in 38128, TN:
Welcome to this charming and well-maintained single-family home located in a quiet, established Memphis neighborhood. This inviting 3-bedroom, 1-bathroom residence offers a functional layout perfect for comfortable living. The home features a bright living area, a cozy kitchen space, and a convenient carport for private parking. Perfectly situated near major thoroughfares for an easy commute.

$94,900

3 beds1 bath— sq ft

3712 Wolf Trail Dr, Memphis, TN 38128

Cozy kitchen space • Bright living area • Easy commute

FLOOR PLAN

ABOUT THIS HOME
Cheap Home for sale in 38128, TN:
Discover comfort in this spacious 4-bedroom, 2-bathroom home in the heart of Memphis. With 2,082 square feet of living space, this residence offers a functional layout perfect for any lifestyle. Enjoy generous room sizes and a welcoming atmosphere, along with easy access to Covington Pike, I-40, schools, and shopping.

$179,900

4 beds2.5 baths— sq ft

4709 Raleigh-lagrange Rd, Memphis, TN 38128

8,276 sq ft lot • 2 parking spots • Built 1964

Property at 3728 Merritt St, Memphis, TN 38128, 3 beds, 2 baths

$150,000

3 beds2 baths— sq ft

3728 Merritt St, Memphis, TN 38128

Property at 4786 Bluff Wood Cv, Memphis, TN 38128, 3 beds, 1 bath

$64,900

3 beds1 bath— sq ft

4786 Bluff Wood Cv, Memphis, TN 38128

Property at 3217 Joslyn St, Memphis, TN 38128, 5 beds, 3 baths

$275,900

5 beds3 baths— sq ft

3217 Joslyn St, Memphis, TN 38128

Property at 5033 Scheibler Rd Unit D3, Memphis, TN 38128, 2 beds, 2 baths

$149,000

2 beds2 baths— sq ft

5033 Scheibler Rd Unit D3, Memphis, TN 38128

Property at 4431 Shadow Leaf Cv N, Memphis, TN 38128, 3 beds, 2 baths

$152,000

3 beds2 baths— sq ft

4431 Shadow Leaf Cv N, Memphis, TN 38128

Property at 3589 Covington Pike #116, Memphis, TN 38128, 2 beds, 2 baths

$119,500

2 beds2 baths— sq ft

3589 Covington Pike #116, Memphis, TN 38128

Property at 3272 Egypt-central Dr, Memphis, TN 38128, 3 beds, 1 bath

$94,900

3 beds1 bath— sq ft

3272 Egypt-central Dr, Memphis, TN 38128

Property at 4054 Stillwood Dr, Memphis, TN 38128, 3 beds, 2 baths

$215,000

3 beds2 baths— sq ft

4054 Stillwood Dr, Memphis, TN 38128

Property at 3842 Tessland Rd, Memphis, TN 38128, 3 beds, 1 bath

$94,900

3 beds1 bath— sq ft

3842 Tessland Rd, Memphis, TN 38128

Property at 3834 Windermere Dr, Memphis, TN 38128, 3 beds, 2 baths

$134,900

3 beds2 baths— sq ft

3834 Windermere Dr, Memphis, TN 38128

Property at 3878 Windermere Rd, Memphis, TN 38128, 3 beds, 2 baths

$120,450

3 beds2 baths— sq ft

3878 Windermere Rd, Memphis, TN 38128

Property at 2515 Parkview Dr, Memphis, TN 38128, 3 beds, 2 baths

$167,000

3 beds2 baths— sq ft

2515 Parkview Dr, Memphis, TN 38128

Property at Winston Homebuilders 3938 Allentown Plan, Memphis, TN 38128, 3 beds, 2 baths

$77,855

3 beds2 baths1,140 sq ft

Winston Homebuilders 3938 Allentown Plan, Memphis, TN 38128

Listing provided by Zillow

Property at 2840 Allen Rd, Memphis, TN 38128, 3 beds, 1 bath

$104,900

3 beds1 bath— sq ft

2840 Allen Rd, Memphis, TN 38128

Property at 3709 Dorado Cv, Memphis, TN 38128, 3 beds, 1 bath

$69,900

3 beds1 bath— sq ft

3709 Dorado Cv, Memphis, TN 38128

Property at 4054 Stowe St, Memphis, TN 38128, 3 beds, 1.5 baths

$110,000

3 beds1.5 baths— sq ft

4054 Stowe St, Memphis, TN 38128

Property at 3560 Bellwood Dr, Memphis, TN 38128, 3 beds, 2 baths

$179,000

3 beds2 baths— sq ft

3560 Bellwood Dr, Memphis, TN 38128

Property at 3357 Scenic Terrace Hwy, Memphis, TN 38128, 3 beds, 1 bath

$94,900

3 beds1 bath— sq ft

3357 Scenic Terrace Hwy, Memphis, TN 38128

Property at 3645 Twinmont St, Memphis, TN 38128, 3 beds, 2 baths

$145,000

3 beds2 baths— sq ft

3645 Twinmont St, Memphis, TN 38128

Property at 3212 Whitney Ave, Memphis, TN 38128, 6 beds, 3 baths

$298,900

6 beds3 baths— sq ft

3212 Whitney Ave, Memphis, TN 38128

Property at 4035 Pippin St, Memphis, TN 38128, 3 beds, 2 baths

$126,900

3 beds2 baths— sq ft

4035 Pippin St, Memphis, TN 38128

Property at 3270 Abbottsford Ave, Memphis, TN 38128, 3 beds, 1 bath

$87,900

3 beds1 bath— sq ft

3270 Abbottsford Ave, Memphis, TN 38128

Property at 3953 Otter Dr, Memphis, TN 38128, 5 beds, 3 baths

$320,000

5 beds3 baths— sq ft

3953 Otter Dr, Memphis, TN 38128

Property at 3872 Windermere Dr, Memphis, TN 38128, 3 beds, 2 baths

$119,900

3 beds2 baths— sq ft

3872 Windermere Dr, Memphis, TN 38128

Property at 4530 Spring Valley Dr, Memphis, TN 38128, 3 beds, 1 bath

$84,900

3 beds1 bath— sq ft

4530 Spring Valley Dr, Memphis, TN 38128

Property at 4060 Tessland Rd, Memphis, TN 38128, 4 beds, 2 baths

$139,900

4 beds2 baths— sq ft

4060 Tessland Rd, Memphis, TN 38128

Property at 3837 Voltaire Ave, Memphis, TN 38128, 3 beds, 2 baths

$109,900

3 beds2 baths— sq ft

3837 Voltaire Ave, Memphis, TN 38128

Property at 4773 Kitty Dr, Memphis, TN 38128, 4 beds, 3 baths

$275,000

4 beds3 baths— sq ft

4773 Kitty Dr, Memphis, TN 38128

Property at CLAYTON 925S Allentown Plan, Memphis, TN 38128, 3 beds, 2 baths

$49,900

3 beds2 baths1,280 sq ft

CLAYTON 925S Allentown Plan, Memphis, TN 38128

Listing provided by Zillow

Property at 4797 Northfield Cir, Memphis, TN 38128, 3 beds, 2 baths

$119,500

3 beds2 baths— sq ft

4797 Northfield Cir, Memphis, TN 38128

Property at 4795 Rolling Meadows Dr, Memphis, TN 38128, 3 beds, 2.5 baths

$237,405

3 beds2.5 baths— sq ft

4795 Rolling Meadows Dr, Memphis, TN 38128

Property at 3873 Dante Ave, Memphis, TN 38128, 3 beds, 1.5 baths

$149,950

3 beds1.5 baths— sq ft

3873 Dante Ave, Memphis, TN 38128

Property at 3580 Ramill Rd, Memphis, TN 38128, 3 beds, 1.5 baths

$139,900

3 beds1.5 baths— sq ft

3580 Ramill Rd, Memphis, TN 38128

Property at 3010 Falkirk Rd, Memphis, TN 38128, 3 beds, 2 baths

$200,899

3 beds2 baths— sq ft

3010 Falkirk Rd, Memphis, TN 38128

Property at 3485 Felton Rd, Memphis, TN 38128, 3 beds, 2 baths

$75,000

3 beds2 baths— sq ft

3485 Felton Rd, Memphis, TN 38128

Property at 4320 Northwood Hills Dr, Memphis, TN 38128, 3 beds, 2 baths

$239,999

3 beds2 baths— sq ft

4320 Northwood Hills Dr, Memphis, TN 38128

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Cheap Homes for Sale in 38128

There are currently 202 cheap homes for sale in 38128 at a median listing price of $145K. 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 69 days. This map is refreshed with the newest listings in 38128 every 15 minutes.

In the past month, 38 homes have been sold in 38128. In addition to houses in 38128, there were also 9 condos, 1 townhouse, 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 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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