Cheap homes for sale & real estate in 38150, TN

168 homes

Sort:

Recommended

ABOUT THIS HOME
Cheap Home for sale in 38150, TN:
Great opportunity for an owner occupant or an investor. This traditional 3 bed 2 bath home offer an open concept as well as an open floor plan. The spacious gated backyard and parking great for entreating. The home is located in the Galloway Park subdivision, just minutes away from St. Jude Hospital and downtown Memphis. Home is owner occupied and requires a 24hr notice to show. Schedule your showing today!!!!!!!!

$260,000

3 beds2 baths— sq ft

980 Faxon Ave, Memphis, TN 38105

Gated backyard • Open concept • Parking

ABOUT THIS HOME
Cheap Home for sale in 38150, TN:
Versatile Property: Condo Plus Office Business and Residence Combined This property offers an exceptional opportunity to combine business and living spaces in one convenient location. The condo is currently set up for medical services, featuring: • Three exam rooms equipped with storage cabinets and granite countertops • A bright and welcoming reception area • A light-filled waiting room • Two baths The second level idown enhances versatility with: • Two offices • A work area • A studio apartment that includes: • A full kitchen • Living area • Full bath • Washer and dryer All furniture and appliances are included, ensuring a seamles

$325,000

3 beds2.5 baths— sq ft

95 S Main St S #102, Memphis, TN 38103

Waiting room • Two offices • Three exam rooms

ABOUT THIS HOME
Cheap Home for sale in 38150, TN:
Cash Flowing Duplex! Currently tenant occupied both sides for Unit 1 $997/month and Unit 2 $1074/month with VA tenants. HVAC system was replaced last year in both units. Don't miss out on this great opportunity.

$190,000

4 beds2 baths— sq ft

884 Breedlove St, Memphis, TN 38107

Built 1915 • Listed 137 days

ABOUT THIS HOME
Cheap Home for sale in 38150, TN:
Stunning 2 bedroom, 2 bath corner unit condo in the South Main Historic District of Downtown Memphis! This modern unit features an open-concept layout, tons of windows with abundant natural light, and a gourmet kitchen with stainless steel appliances. The spacious primary suite offers a walk-in closet and luxurious en-suite bath. Just steps from shopping, dining, and public transport!

$279,900

2 beds2 baths— sq ft

600 S Main St #303, Memphis, TN 38103

Walk-in closet • Gourmet kitchen • Corner unit

ABOUT THIS HOME
Cheap Home for sale in 38150, TN:
Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No wholesaler or assignment of contract offers will be accepted.

$104,900

4 beds1 bath— sq ft

838 Crockett St, Memphis, TN 38107

6,534 sq ft lot • Built 1974 • Listed 240 days

Property at 896 Orphanage Ave, Memphis, TN 38107, 4 beds, 2 baths

$200,000

4 beds2 baths— sq ft

896 Orphanage Ave, Memphis, TN 38107

Property at 680 Looney Ave, Memphis, TN 38107, 3 beds, 1 bath

$80,000

3 beds1 bath— sq ft

680 Looney Ave, Memphis, TN 38107

Property at 505 Tennessee St #224, Memphis, TN 38103, 1 bed, 1 bath

$309,900

1 bed1 bath— sq ft

505 Tennessee St #224, Memphis, TN 38103

Property at 66 Monroe #1004 Ave #1004, Memphis, TN 38103, 2 beds, 2 baths

$369,000

2 beds2 baths— sq ft

66 Monroe #1004 Ave #1004, Memphis, TN 38103

Property at 127 Madison Ave #602, Memphis, TN 38103, 2 beds, 2 baths

$215,000

2 beds2 baths— sq ft

127 Madison Ave #602, Memphis, TN 38103

Property at 995 Forrest Ave, Memphis, TN 38105, 3 beds, 2 baths

$315,000

3 beds2 baths— sq ft

995 Forrest Ave, Memphis, TN 38105

Property at 784 Looney Ave, Memphis, TN 38107, 2 beds, 2 baths

$75,000

2 beds2 baths— sq ft

784 Looney Ave, Memphis, TN 38107

Property at 692 Looney Ave, Memphis, TN 38107, 2 beds, 1 bath

$75,000

2 beds1 bath— sq ft

692 Looney Ave, Memphis, TN 38107

Property at 876 N Third St, Memphis, TN 38107, 6 beds, 2 baths

$135,000

6 beds2 baths— sq ft

876 N Third St, Memphis, TN 38107

Property at 948 Pearce St, Memphis, TN 38107, 4 beds, 1 bath

$80,000

4 beds1 bath— sq ft

948 Pearce St, Memphis, TN 38107

Property at 945 Faxon Ave, Memphis, TN 38105, 3 beds, 1.5 baths

$255,000

3 beds1.5 baths— sq ft

945 Faxon Ave, 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 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 1051 Lagrange Ave Unit 1051-1053, Memphis, TN 38107, 2 beds, 2 baths

$85,000

2 beds2 baths— sq ft

1051 Lagrange Ave Unit 1051-1053, Memphis, TN 38107

Property at 1039 Lagrange Ave, Memphis, TN 38107, 4 beds, 2 baths

$198,000

4 beds2 baths— sq ft

1039 Lagrange Ave, Memphis, TN 38107

Property at 109 N Main St #1202, Memphis, TN 38103, 1 bed, 1 bath

$95,000

1 bed1 bath433 sq ft

109 N Main St #1202, Memphis, TN 38103

Listing provided by REALTRACS

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

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

$385,000

3 beds2.5 baths2,396 sq ft

688 S Main St, Memphis, TN 38103

Listing provided by REALTRACS

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

Property at 693 Leath St, Memphis, TN 38107

$15,000

Land7,405 sq ft (lot)

693 Leath St, Memphis, TN 38107

Property at 618 Bb King Blvd, Memphis, TN 38126

$299,000

Land0.97 acre (lot)

618 Bb King Blvd, 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 561 Exchange Ave, Memphis, TN 38105

$29,000

Land5,227 sq ft (lot)

561 Exchange Ave, Memphis, TN 38105

Property at 891 Keel Ave, Memphis, TN 38107

$12,000

Land1,306 sq ft (lot)

891 Keel Ave, Memphis, TN 38107

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 597 Alabama Ave, Memphis, TN 38105

$85,000

Land0.29 acre (lot)

597 Alabama Ave, 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 927 Crockett St, Memphis, TN 38107

$3,800

Land3,484 sq ft (lot)

927 Crockett St, Memphis, TN 38107

Property at 226 Chelsea Ave, Memphis, TN 38107

$300,000

Land0.52 acre (lot)

226 Chelsea Ave, Memphis, TN 38107

Property at 0 N Orleans St, Memphis, TN 38105

$145,000

Land0.27 acre (lot)

0 N Orleans St, Memphis, TN 38105

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 933 Tully St, Memphis, TN 38107

$20,000

Land4,791 sq ft (lot)

933 Tully St, Memphis, TN 38107

Property at 305 Ayers St, Memphis, TN 38105

$20,000

Land3,484 sq ft (lot)

305 Ayers St, 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 679 E Pontotoc Ave, Memphis, TN 38126

$142,000

Land0.42 acre (lot)

679 E Pontotoc Ave, Memphis, TN 38126

Viewing page 4 of 5

Cheap Homes for Sale in 38150

There are currently 168 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.

More real estate resources for 38150, TN

Cities

Nearby Zip Codes

Nearby Zip Codes with Cheap Homes

Nearby Cities with Cheap Homes

More to explore in 38150, TN

How to buy a house in 38150, TN

How much house can I afford?

How to buy a house in 10 steps

First-time homebuyer's guide

See more home buying guides

Popular Markets in Tennessee

Listing information provided in part by Realtracs for personal, non-commercial use by viewers of this site and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed by Realtracs. All information should be independently reviewed and verified for accuracy. Copyright © Realtracs Fri Nov 06 2026. All rights reserved.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

Redfin Brokerage Licenses

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.