Cheap homes for sale & real estate in 38151, TN

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ABOUT THIS HOME
Cheap Home for sale in 38151, TN:
Corner unit 2BR/2BA Mayfair condo in Midtown Memphis with sunlit southern-exposure balcony, shimmering pool, elegant lobby, convenient mail center and laundry room, plus available covered parking. Steps from Overton Square, top restaurants, and Fresh Market for effortless everyday living, and all on one level. Some photos are virtually staged to illustrate furnishing potential and layout.

$149,900

2 beds2 baths— sq ft

2277 Union Ave #611, Memphis, TN 38104

Laundry room • Elegant lobby • Shimmering pool

ABOUT THIS HOME
Cheap Home for sale in 38151, TN:
BACK ON MKT: Owner's financing available Conds, this one 45 N. Belvedere #102 leased @ $850.00 and one at 151 N Belvedere #24., leased @$875.00. Can purchase as a Package or purchase separately. Pictures shows the renovation before leasing. Owner wants quick sell. Call to inspect. advance notification required.

$64,000

2 beds1 bath— sq ft

45 N Belvedere Blvd NE #102, Memphis, TN 38104

Built 1963 • Listed 217 days

ABOUT THIS HOME
Cheap Home for sale in 38151, TN:
Check out this awesome value-add investment! This duplex features 1 bed and 1 bath on each side. Total monthly rent is $1200/month. Both sides have new heat/cool window units. No viewing until a contract is in place. .. do not disturb occupants. No seller financing, no wholesalers, no creative financing.

$100,000

2 beds2 baths— sq ft

2365 Dexter Ave, Memphis, TN 38108

Built 1956 • Listed 126 days

ABOUT THIS HOME
Cheap Home for sale in 38151, TN:
Rare mixed-use corner property in the heart of Midtown Memphis offering exceptional flexibility for investors, business owners, & owner-occupants with rental income. May Qualify for the First Time Home Buyers Program with down payment assistance. This fully renovated property consists of two units totaling approximately 3,934 square feet & is currently classified as multifamily residential, with prior Special Use Permit approval for commercial use. 2417 has 6 spacious rms, full kitchen, laundry rm. & 3 full ba. 2421 has 4 spacious rms, full kit, laundry, 1 full bath & 2 half ba. near Memphis Zoo, Rhodes College & convenient access to Downtown Memphis, excellent s

$339,850

7 beds5 baths— sq ft

2417 Jackson Ave, Memphis, TN 38112

Full kitchen • Laundry room • Two units

ABOUT THIS HOME
Cheap Home for sale in 38151, TN:
Discover a charming historic gem in the coveted Vollintine-Evergreen district, minutes from Rhodes College. This home, bursting with character, boasts classic midtown features like tall ceilings, intricate mouldings, gorgeous arched doorways, glass doorknobs, and stunning built-in shelves. Hardwood floors flow throughout the main level, which includes a defined, cozy, and embellished spaces and 3 bedrooms with tons of flexibility. Upstairs, find a large, open space and full bath that offers primary suite potential, an ultimate guests quarters, and so many possibilities! The property also features a gated parking, a 2-car carport, and a fully fenced backyard. A true classic midtown residence

$247,500

4 beds2.5 baths— sq ft

929 University St, Memphis, TN 38107

Glass doorknobs • Historic gem • Tall ceilings

Property at 2331 Dexter Ave, Memphis, TN 38108, 3 beds, 1 bath

$85,000

3 beds1 bath— sq ft

2331 Dexter Ave, Memphis, TN 38108

Property at 1868/1870 Vollintine Ave, Memphis, TN 38107, 4 beds, 2 baths

$254,250

4 beds2 baths— sq ft

1868/1870 Vollintine Ave, Memphis, TN 38107

Property at 19 S Merton St, Memphis, TN 38112, 4 beds, 2 baths

$225,000

4 beds2 baths— sq ft

19 S Merton St, Memphis, TN 38112

Property at 2428 Vollintine Ave, Memphis, TN 38108, 2 beds, 2 baths

$162,000

2 beds2 baths— sq ft

2428 Vollintine Ave, Memphis, TN 38108

Property at 1774 Crump Ave Unit A, Memphis, TN 38107, 2 beds, 2 baths

$185,000

2 beds2 baths— sq ft

1774 Crump Ave Unit A, Memphis, TN 38107

Property at 3080 Walnut Grove Rd #107, Memphis, TN 38111, 2 beds, 2 baths

$155,000

2 beds2 baths— sq ft

3080 Walnut Grove Rd #107, Memphis, TN 38111

Property at 21 N Fenwick Rd, Memphis, TN 38111, 3 beds, 2 baths

$204,400

3 beds2 baths— sq ft

21 N Fenwick Rd, Memphis, TN 38111

Property at 2997 Walnut Grove Rd #3, Memphis, TN 38111, 2 beds, 1 bath

$59,900

2 beds1 bath— sq ft

2997 Walnut Grove Rd #3, Memphis, TN 38111

Property at 3045 Allison Ave, Memphis, TN 38112, 4 beds, 2 baths

$158,270

4 beds2 baths— sq ft

3045 Allison Ave, Memphis, TN 38112

Property at 724 Center Dr, Memphis, TN 38112, 5 beds, 3 baths

$439,000

5 beds3 baths— sq ft

724 Center Dr, Memphis, TN 38112

Property at 1960 N Parkway Ave #511, Memphis, TN 38112, 1 bed, 1 bath

$125,000

1 bed1 bath— sq ft

1960 N Parkway Ave #511, Memphis, TN 38112

Property at 2195 Poplar Ave #304, Memphis, TN 38104, 2 beds, 2 baths

$249,900

2 beds2 baths— sq ft

2195 Poplar Ave #304, Memphis, TN 38104

Property at 3117 Pacific Ave, Memphis, TN 38112, 4 beds, 2 baths

$135,000

4 beds2 baths— sq ft

3117 Pacific Ave, Memphis, TN 38112

Property at 2552 Everett Ave, Memphis, TN 38112, 4 beds, 2 baths

$259,000

4 beds2 baths— sq ft

2552 Everett Ave, Memphis, TN 38112

Property at 1805 Mignon Ave, Memphis, TN 38107, 3 beds, 2 baths

$279,900

3 beds2 baths— sq ft

1805 Mignon Ave, Memphis, TN 38107

Property at 585 E Parkway Pkwy S #23, Memphis, TN 38104, 2 beds, 1 bath

$120,000

2 beds1 bath— sq ft

585 E Parkway Pkwy S #23, Memphis, TN 38104

Property at 869 N Bingham St, Memphis, TN 38108, 4 beds, 2 baths

$125,000

4 beds2 baths— sq ft

869 N Bingham St, Memphis, TN 38108

Property at 930 East Dr, Memphis, TN 38108, 2 beds, 2 baths

$158,900

2 beds2 baths— sq ft

930 East Dr, Memphis, TN 38108

Property at 141 N Auburndale St N #141, Memphis, TN 38104, 2 beds, 1.5 baths

$90,000

2 beds1.5 baths— sq ft

141 N Auburndale St N #141, Memphis, TN 38104

Property at 217 N Hollywood St, Memphis, TN 38112, 2 beds, 2 baths

$240,000

2 beds2 baths— sq ft

217 N Hollywood St, Memphis, TN 38112

Property at 96 N Evergreen St, Memphis, TN 38104, 4 beds, 2 baths

$319,000

4 beds2 baths— sq ft

96 N Evergreen St, Memphis, TN 38104

Property at 2552 Ogden Ave, Memphis, TN 38112, 3 beds, 2 baths

$135,000

3 beds2 baths— sq ft

2552 Ogden Ave, Memphis, TN 38112

Property at 1960 N Parkway Ave #205, Memphis, TN 38112, 1 bed, 1 bath

$125,000

1 bed1 bath— sq ft

1960 N Parkway Ave #205, Memphis, TN 38112

Property at 3043 Coleman Ave, Memphis, TN 38112, 2 beds, 1 bath

$85,000

2 beds1 bath— sq ft

3043 Coleman Ave, Memphis, TN 38112

Property at 788 N N Hollywood St, Memphis, TN 38112, 4 beds, 2 baths

$194,000

4 beds2 baths— sq ft

788 N N Hollywood St, Memphis, TN 38112

Property at 865 N Bingham St, Memphis, TN 38108, 4 beds, 2 baths

$125,000

4 beds2 baths— sq ft

865 N Bingham St, Memphis, TN 38108

Property at 814 N Merton St, Memphis, TN 38112, 3 beds, 2 baths

$134,500

3 beds2 baths— sq ft

814 N Merton St, Memphis, TN 38112

Property at 1072 N Evergreen St, Memphis, TN 38107, 4 beds, 2 baths

$225,000

4 beds2 baths— sq ft

1072 N Evergreen St, Memphis, TN 38107

Property at 635 N Merton Ave, Memphis, TN 38112, 2 beds, 1.5 baths

$134,500

2 beds1.5 baths— sq ft

635 N Merton Ave, Memphis, TN 38112

Property at 1108 N Holmes St N, Memphis, TN 38122, 3 beds, 1.5 baths

$124,999

3 beds1.5 baths— sq ft

1108 N Holmes St N, Memphis, TN 38122

Property at 950 Birch St, Memphis, TN 38108, 2 beds, 1 bath

$125,000

2 beds1 bath— sq ft

950 Birch St, Memphis, TN 38108

Property at 2061 Vollintine Ave, Memphis, TN 38107, 2 beds, 2 baths

$185,000

2 beds2 baths— sq ft

2061 Vollintine Ave, Memphis, TN 38107

Property at 2195 Poplar Ave #207, Memphis, TN 38104, 1 bed, 1 bath

$155,000

1 bed1 bath— sq ft

2195 Poplar Ave #207, Memphis, TN 38104

Property at 857 N Bingham St, Memphis, TN 38108, 4 beds, 2 baths

$235,000

4 beds2 baths— sq ft

857 N Bingham St, Memphis, TN 38108

Property at 585 E Parkway Pkwy #34, Memphis, TN 38104, 2 beds, 1 bath

$125,000

2 beds1 bath— sq ft

585 E Parkway Pkwy #34, Memphis, TN 38104

Property at 2297 Jackson Ave, Memphis, TN 38112, 3 beds, 2 baths

$240,500

3 beds2 baths— sq ft

2297 Jackson Ave, Memphis, TN 38112

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Cheap Homes for Sale in 38151

There are currently 214 cheap homes for sale in 38151. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. This map is refreshed with the newest listings in 38151 every 15 minutes.

Find your dream home in 38151 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 38151 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 38151. If you're looking to sell your home in the 38151 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 38151 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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