Cheap homes for sale & real estate in 38150, TN

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NEW 12 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in 38150, TN:
Fully occupied multifamily investment opportunity just minutes from Downtown Memphis! This fourplex features four 2-bedroom/1-bath units with current scheduled rents totaling $3,275 per month/$39,300 annually. Recent improvements include the addition of washer/dryers for tenant convenience. The property also offers gated parking, with tenants responsible for electric, gas and trash and owner paying water. Conveniently located near shopping, dining and major highways with easy access to Downtown Memphis and the Bass Pro Pyramid. Offered at $399,999, this income-producing property provides an opportunity to add an established, fully occupied multifamily asset to your investment portfolio.

$399,999

8 beds— baths— sq ft

750 Chelsea Ave, Memphis, TN 38107

Fourplex • Near dining • Near shopping

NEW 34 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in 38150, TN:
Experience downtown Memphis living at its best in this stunning condo, 2 BR, 2 BA featuring some of the best skyline and Main Street views in the city. The open living area offers soaring ceilings and ample windows that wrap around the corner of the building with a view a view of the Memphis bridge. A private full bath and walk-in closets Enjoy premium amenities, including a rooftop deck with Mississippi River views, fitness center, event room, private storage, on-site coffee shop, and parking available in the connected garage. Located within walking distance of restaurants, parks, nightlife, and entertainment, and next to the $260 million redevelopment of 100 N. Main, this home offers styl

$245,000

2 beds2 baths— sq ft

109 N Main St #1401, Memphis, TN 38103

Skyline views • Rooftop deck • Fitness center

FLOOR PLAN

ABOUT THIS HOME
Cheap Home for sale in 38150, TN:
Stunning downtown townhome offering low-maintenance living in a prime location just steps from the river, FedExForum, Main Street, and some of Downtown Memphis’ best restaurants and entertainment! The thoughtfully designed floor plan features two spacious bedrooms, each with a private en suite full bath, plus a convenient half bath downstairs. A private 2-car garage provides the convenience and secure parking that’s hard to find downtown. Step outside to your peaceful private patio, perfect for morning coffee, unwinding at the end of the day, or entertaining friends and family. Residents also enjoy access to the beautiful community pool. The perfect combination of comfort, priva

$312,000

2 beds2.5 baths— sq ft

97 W Carolina Ave, Memphis, TN 38103

Community pool • Private patio • Prime location

ABOUT THIS HOME
Cheap Home for sale in 38150, TN:
Fully renovated income-producing duplex offering an excellent opportunity for investors seeking a low-maintenance, cash-flowing asset in a central Memphis location. Just minutes from both downtown and midtown, this all-brick property completed a major renovation in 2023 and is ready to perform from day one. Each side features a comfortable 1 bedroom / 1 bathroom layout with central heat and air. The units are mirror-matched at $915/month each, for a gross potential rent of $1,830/month ($21,960/year). One side is already leased to a tenant in place at $915, while the opposite side is currently being marketed at the same rate — giving a new owner immediate income plus upside as the sec

$150,000

2 beds2 baths— sq ft

893 Pearce St, Memphis, TN 38107

Fully renovated • Built 1950 • Listed 6 days

$219,900

6 beds4 baths— sq ft

925 N Parkway Pkwy, Memphis, TN 38105

7,405 sq ft lot • Built 1915 • Listed 8 days

Property at 369 Riverbluff Pl #3, Memphis, TN 38103, 2 beds, 2.5 baths

$399,000

2 beds2.5 baths— sq ft

369 Riverbluff Pl #3, Memphis, TN 38103

Property at 615 Denmark Dr #202, Memphis, TN 38103, 2 beds, 2.5 baths

$235,000

2 beds2.5 baths— sq ft

615 Denmark Dr #202, Memphis, TN 38103

Property at 127 Madison Ave #201, Memphis, TN 38103, 2 beds, 2 baths

$219,000

2 beds2 baths— sq ft

127 Madison Ave #201, Memphis, TN 38103

Property at 1062 Overton Park Ave, Memphis, TN 38105, 4 beds, 2 baths

$25,000

4 beds2 baths— sq ft

1062 Overton Park Ave, Memphis, TN 38105

Property at 561 Rienzi Dr, Memphis, TN 38103, 2 beds, 2.5 baths

$400,000

2 beds2.5 baths— sq ft

561 Rienzi Dr, Memphis, TN 38103

Property at 109 N Main St #710, Memphis, TN 38103, 1 bed, 1 bath

$118,000

1 bed1 bath— sq ft

109 N Main St #710, Memphis, TN 38103

Property at 505 Tennessee St #406, Memphis, TN 38103, 1 bed, 1 bath

$250,000

1 bed1 bath— sq ft

505 Tennessee St #406, Memphis, TN 38103

Property at 676 Marina Cottage Dr, Memphis, TN 38103, 2 beds, 2.5 baths

$389,900

2 beds2.5 baths— sq ft

676 Marina Cottage Dr, Memphis, TN 38103

Property at 200 Wagner Pl #206, Memphis, TN 38103, 2 beds, 2 baths

$335,000

2 beds2 baths— sq ft

200 Wagner Pl #206, Memphis, TN 38103

Property at 616 Denmark Dr #106, Memphis, TN 38103, 3 beds, 3.5 baths

$324,950

3 beds3.5 baths— sq ft

616 Denmark Dr #106, Memphis, TN 38103

Property at 66 Monroe Ave #601, Memphis, TN 38103, 1 bed, 1 bath

$175,000

1 bed1 bath— sq ft

66 Monroe Ave #601, Memphis, TN 38103

Property at 734 Lane Ave, Memphis, TN 38105, 6 beds

$249,000

6 beds— baths— sq ft

734 Lane Ave, Memphis, TN 38105

Property at 941 Galloway Ave, Memphis, TN 38105, 2 beds, 1 bath

$134,000

2 beds1 bath— sq ft

941 Galloway Ave, Memphis, TN 38105

Property at 71 Union Ave #102, Memphis, TN 38103, 1 bed, 1 bath

$164,500

1 bed1 bath— sq ft

71 Union Ave #102, Memphis, TN 38103

Property at 1068 Faxon Ave, Memphis, TN 38105, 4 beds, 2 baths

$249,900

4 beds2 baths— sq ft

1068 Faxon Ave, Memphis, TN 38105

Property at 420 S Front St #301, Memphis, TN 38103, 2 beds, 2 baths

$294,900

2 beds2 baths— sq ft

420 S Front St #301, Memphis, TN 38103

Property at 869 Pearce St, Memphis, TN 38107, 4 beds, 2 baths

$150,000

4 beds2 baths— sq ft

869 Pearce St, Memphis, TN 38107

Property at 680 Harbor Bend Rd #303, Memphis, TN 38103, 1 bed, 1 bath

$270,000

1 bed1 bath— sq ft

680 Harbor Bend Rd #303, Memphis, TN 38103

Property at 810 Seventh St, Memphis, TN 38107, 2 beds, 1 bath

$60,000

2 beds1 bath— sq ft

810 Seventh St, Memphis, TN 38107

Property at 127 W Carolina Ave, Memphis, TN 38103, 2 beds, 2.5 baths

$358,000

2 beds2.5 baths— sq ft

127 W Carolina Ave, Memphis, TN 38103

Property at 109 N Main St #405, Memphis, TN 38103, 1 bath

$109,900

Studio1 bath— sq ft

109 N Main St #405, Memphis, TN 38103

Property at 648 Riverside Dr #207, Memphis, TN 38103, 2 beds, 2 baths

$237,500

2 beds2 baths— sq ft

648 Riverside Dr #207, Memphis, TN 38103

Property at 66 Monroe Ave #304, Memphis, TN 38103, 2 beds, 1 bath

$153,000

2 beds1 bath— sq ft

66 Monroe Ave #304, Memphis, TN 38103

Property at 107 S Court Ave #303, Memphis, TN 38103, 2 beds, 2 baths

$225,000

2 beds2 baths— sq ft

107 S Court Ave #303, Memphis, TN 38103

Property at 109 N Main St #1602, Memphis, TN 38103, 1 bed, 1.5 baths

$249,900

1 bed1.5 baths— sq ft

109 N Main St #1602, Memphis, TN 38103

Property at 92 S Main St #307, Memphis, TN 38103, 1 bed, 1.5 baths

$154,500

1 bed1.5 baths— sq ft

92 S Main St #307, Memphis, TN 38103

Property at 1070 Overton Park Ave, Memphis, TN 38105, 4 beds, 2 baths

$25,000

4 beds2 baths— sq ft

1070 Overton Park Ave, Memphis, TN 38105

Property at 109 N Main St #610, Memphis, TN 38103, 1 bed, 1 bath

$90,000

1 bed1 bath— sq ft

109 N Main St #610, Memphis, TN 38103

Property at 915 Faxon Ave, Memphis, TN 38105, 3 beds, 2 baths

$239,999

3 beds2 baths— sq ft

915 Faxon Ave, Memphis, TN 38105

Property at 843 Lane Ave, Memphis, TN 38105, 2 beds, 2 baths

$179,900

2 beds2 baths— sq ft

843 Lane Ave, Memphis, TN 38105

Property at 712 N Fifth St, Memphis, TN 38107, 10 beds

$449,900

10 beds— baths— sq ft

712 N Fifth St, Memphis, TN 38107

Property at 637 Greenlaw Pl, Memphis, TN 38107, 3 beds, 2 baths

$249,900

3 beds2 baths— sq ft

637 Greenlaw Pl, Memphis, TN 38107

Property at 1074 Overton Park Ave, Memphis, TN 38105, 4 beds, 2 baths

$25,000

4 beds2 baths— sq ft

1074 Overton Park Ave, Memphis, TN 38105

Property at 818 Crockett St, Memphis, TN 38107, 3 beds, 2 baths

$135,000

3 beds2 baths— sq ft

818 Crockett St, Memphis, TN 38107

Property at 754 Crockett Pl N, Memphis, TN 38107, 4 beds, 2 baths

$216,000

4 beds2 baths— sq ft

754 Crockett Pl N, Memphis, TN 38107

Property at 107 S Front St #23, Memphis, TN 38103, 1 bed, 1 bath

$160,000

1 bed1 bath— sq ft

107 S Front St #23, Memphis, TN 38103

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Cheap Homes for Sale in 38150

There are currently 179 cheap homes for sale in 38150. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. This map is refreshed with the newest listings in 38150 every 15 minutes.

Find your dream home in 38150 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 38150 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 38150. If you're looking to sell your home in the 38150 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 38150 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 Fri Aug 21 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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