Cheap homes for sale & real estate in 38145, TN

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ABOUT THIS HOME
Cheap Home for sale in 38145, TN:
Live in the heart of it all with this spacious 2 bed, 2 bath condo located just off iconic Main Street in the heart of downtown! This beautifully maintained unit offers an open layout complete with a cozy fireplace and tons of natural light, perfect for entertaining or simply relaxing in style. Enjoy the ultimate staycation lifestyle—walk to your favorite restaurants, shops, festivals, Redbirds Stadium, and FedEx Forum. From Memphis in May to Trolley Night and the Farmer’s Market, everything you love about downtown is right outside your door. All appliances plus washer and dryer remain, making this move-in ready gem even more convenient, so you can move right in and start enjoyi

$259,900

2 beds2 baths— sq ft

600 S Main St #101, Memphis, TN 38103

Move-in ready • Natural light • Open layout

ABOUT THIS HOME
Cheap Home for sale in 38145, TN:
Premier Gated Community in Downtown Memphis! This united is located on the 10th floor in the highly sought after River Towers! This gated building has 24 hour security guard, pool, tennis court, outdoor grilling area, workout room, gated pet area, catering kitchen boardroom and ample common spaces for entertaining! The monthly maintenance fee include all utilities!! Great Place to relax and watch the River and the boats as the pass.

$170,000

1 bed1 bath— sq ft

655 Riverside Dr Unit 1008A, Memphis, TN 38103

Gated community • Tennis court • Workout room

ABOUT THIS HOME
Cheap Home for sale in 38145, TN:
Property tenant occupied. Great investment opportunity in the Uptown Memphis area. Sold as is. Part of a package of homes can be sold individually or together: 948 Pearce, 506 Sixth, 671 McDavitt, 676 Looney, 680 Looney, 688 Looney, 692 Looney, 784 Looney, 876 N Third, 2227 Clayton, and 226 Chelsea ave. No wholesaler or assignment of contract offers will be accepted.

$75,000

2 beds2 baths— sq ft

784 Looney Ave, Memphis, TN 38107

2,613 sq ft lot • Built 1927 • Listed 480 days

ABOUT THIS HOME
Cheap Home for sale in 38145, TN:
Property tenant occupied. Great investment opportunity in the Uptown Memphis area. Sold as is. Part of a package of homes can be sold individually or together: 948 Pearce, 506 Sixth, 671 McDavitt, 676 Looney, 680 Looney, 688 Looney, 692 Looney, 784 Looney, 876 N Third, 2227 Clayton, and 226 Chelsea ave. No wholesaler or assignment of contract offers will be accepted.

$75,000

2 beds1 bath— sq ft

692 Looney Ave, Memphis, TN 38107

3,920 sq ft lot • Built 1900 • Listed 480 days

ABOUT THIS HOME
Cheap Home for sale in 38145, TN:
A Great Investment Opportunity. If you're looking for your next project this is it. Downtown location near the medical district with lots of opportunity. In the center of everything you would need. The opportunities currently in downtown consist of downtown revitalization, historic renovations, and the potential for high-yield, residential, or commercial projects in a business-friendly area. TN is a tax-advantageous state. A great place homeowner, if you’re looking for a home to renovate and call your own. The downtown lifestyle is one to explore where you can truly work live and play. New Kitchen Cabinet installed by home depot, stove/own and ventahood, painted, New Window throughout

$184,900

3 beds1 bath— sq ft

212 Leath St, Memphis, TN 38105

New kitchen cabinet • Medical district • Historic renovations

Property at 206 Leath St, Memphis, TN 38105, 3 beds, 1 bath

$184,900

3 beds1 bath— sq ft

206 Leath St, Memphis, TN 38105

Property at 671 Mcdavitt Pl, Memphis, TN 38107, 2 beds, 1 bath

$100,000

2 beds1 bath— sq ft

671 Mcdavitt Pl, Memphis, TN 38107

Property at 717 Riverside Dr #207, Memphis, TN 38103, 1 bed, 2 baths

$369,900

1 bed2 baths— sq ft

717 Riverside Dr #207, Memphis, TN 38103

Property at 676 Looney Ave, Memphis, TN 38107, 2 beds, 1 bath

$80,000

2 beds1 bath— sq ft

676 Looney Ave, Memphis, TN 38107

Property at 1023 Forrest Ave, Memphis, TN 38105, 4 beds, 2 baths

$324,900

4 beds2 baths1,926 sq ft

1023 Forrest Ave, Memphis, TN 38105

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 688 S Main St, Memphis, TN 38103, 3 beds, 2.5 baths

$425,000

3 beds2.5 baths2,396 sq ft

688 S Main St, Memphis, TN 38103

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 226 Greenlaw Ave, Memphis, TN 38105, 2 beds, 1 bath

$150,000

2 beds1 bath725 sq ft

226 Greenlaw Ave, Memphis, TN 38105

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 985 Forrest Ave, Memphis, TN 38105, 4 beds, 1.5 baths

$214,900

4 beds1.5 baths2,508 sq ft

985 Forrest Ave, Memphis, TN 38105

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 269 E Alston Ave, Memphis, TN 38126

$8,500

Land6,534 sq ft (lot)

269 E Alston Ave, Memphis, TN 38126

Property at 265 E Alston Ave, Memphis, TN 38126

$8,500

Land6,534 sq ft (lot)

265 E Alston Ave, Memphis, TN 38126

Property at 430 N Front St, Memphis, TN 38103

$280,000

Land0.25 acre (lot)

430 N Front St, Memphis, TN 38103

Property at 0 Agnes Ave, Memphis, TN 38104

$7,500

Land6,969 sq ft (lot)

0 Agnes Ave, Memphis, TN 38104

Property at 0 Wicks St, Memphis, TN 38126

$27,500

Land1,306 sq ft (lot)

0 Wicks St, Memphis, TN 38126

Property at 0 Ioka Ave, Memphis, TN 38126

$12,000

Land6,098 sq ft (lot)

0 Ioka Ave, Memphis, TN 38126

Property at 857 Ioka Ave, Memphis, TN 38126

$12,000

Land6,098 sq ft (lot)

857 Ioka Ave, Memphis, TN 38126

Property at 762 Leath St, Memphis, TN 38107

$12,000

Land3,484 sq ft (lot)

762 Leath St, Memphis, TN 38107

Property at 561 Exchange Ave, Memphis, TN 38105

$29,000

Land5,227 sq ft (lot)

561 Exchange Ave, Memphis, TN 38105

Property at 114 Founders Ln, Memphis, TN 38103

$295,000

Land0.26 acre (lot)

114 Founders Ln, Memphis, TN 38103

Property at 583 E E H Crump Blvd, Memphis, TN 38126

$40,000

Land0.40 acre (lot)

583 E E H Crump Blvd, Memphis, TN 38126

Property at 597 Alabama Ave, Memphis, TN 38105

$85,000

Land0.29 acre (lot)

597 Alabama Ave, Memphis, TN 38105

Property at 0 Vance Ave SE, Memphis, TN 38103

$250,000

Land6,969 sq ft (lot)

0 Vance Ave SE, Memphis, TN 38103

Property at 0 N Second St, Memphis, TN 38107

$5,000

Land0.48 acre (lot)

0 N Second St, Memphis, TN 38107

Property at 264 E Alston Ave, Memphis, TN 38126

$8,500

Land4,791 sq ft (lot)

264 E Alston Ave, Memphis, TN 38126

Property at 307 Leath St, Memphis, TN 38105

$29,999

Land5,662 sq ft (lot)

307 Leath St, Memphis, TN 38105

Property at 475 E Georgia Ave, Memphis, TN 38126

$25,000

Land6,969 sq ft (lot)

475 E Georgia Ave, Memphis, TN 38126

Property at 646 E Alston Ave, Memphis, TN 38126

$20,000

Land0.44 acre (lot)

646 E Alston Ave, Memphis, TN 38126

Property at 705 E Pontotoc Ave, Memphis, TN 38126

$225,000

Land0.94 acre (lot)

705 E Pontotoc Ave, Memphis, TN 38126

Property at 743 E Pontotoc Ave, Memphis, TN 38126

$75,000

Land6,969 sq ft (lot)

743 E Pontotoc Ave, Memphis, TN 38126

Property at 679 E Pontotoc Ave, Memphis, TN 38126

$142,000

Land0.42 acre (lot)

679 E Pontotoc Ave, Memphis, TN 38126

Property at 811 Porter St, Memphis, TN 38126

$9,300

Land3,049 sq ft (lot)

811 Porter St, Memphis, TN 38126

Property at 0 N Orleans St, Memphis, TN 38105

$145,000

Land0.27 acre (lot)

0 N Orleans St, Memphis, TN 38105

Property at 500 E Georgia Ave, Memphis, TN 38126

$38,900

Land5,662 sq ft (lot)

500 E Georgia Ave, Memphis, TN 38126

Property at 998 J W Williams Ln, Memphis, TN 38105

$12,500

Land3,049 sq ft (lot)

998 J W Williams Ln, Memphis, TN 38105

Property at 688 Looney Ave, Memphis, TN 38107

$40,000

Land3,920 sq ft (lot)

688 Looney Ave, Memphis, TN 38107

Property at 648 E Pontotoc Ave, Memphis, TN 38126

$440,000

Land1.66 acres (lot)

648 E Pontotoc Ave, Memphis, TN 38126

Property at 735 Mississippi Blvd, Memphis, TN 38126

$5,000

Land3,484 sq ft (lot)

735 Mississippi Blvd, Memphis, TN 38126

Listing provided by REALTRACS as Distributed by MLS Grid

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Cheap Homes for Sale in 38145

There are currently 172 cheap homes for sale in 38145. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. This map is refreshed with the newest listings in 38145 every 15 minutes.

Find your dream home in 38145 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 38145 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 38145. If you're looking to sell your home in the 38145 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 38145 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 Aug 27 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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