Cheap homes for sale & real estate in 38151, TN

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ABOUT THIS HOME
Cheap Home for sale in 38151, TN:
Charming 1940 bungalow featuring 2 bedrooms and 2 baths in a convenient Memphis location. Situated near Jackson Avenue and East Parkway, this home offers easy access to Midtown, North Memphis, Overton Park, Sam Cooper Boulevard, downtown, with lots of shopping, dining and entertainment options. Whether you're looking to expand your investment portfolio or create a place to call home, this property offers character, flexibility, and potential. Tenant is currently on a month-to-month lease. DO NOT DISTURB TENANT. No showings until an offer is accepted. Offers should include an inspection contingency.

$158,900

2 beds2 baths— sq ft

930 East Dr, Memphis, TN 38108

6,969 sq ft lot • Built 1940 • Listed 154 days

ABOUT THIS HOME
Cheap Home for sale in 38151, TN:
Investor Opportunity – Income-Producing Duplex Great investment opportunity! These duplex features two 1BR/1BA units. One unit is currently occupied on a month-to-month lease generating $550 on a year lease, providing immediate rental income, while the second unit is vacant and move-in ready. Ideal for investors or owner-occupants looking to live in one unit and rent the other. Convenient layout with low-maintenance management. Property is being sold AS-IS.

$185,000

2 beds2 baths— sq ft

1774 Crump Ave Unit A, Memphis, TN 38107

Two 1br 1ba units • Sold as is • Vacant move-in ready

ABOUT THIS HOME
Cheap Home for sale in 38151, TN:
CHARMING 2BR/2BATH VECA-MARKED HOME. WALKING DISTANCE TO RHODES COLLEGE, OVERTON PARK, MEMPHIS ZOO, AND BROAD AVENUE COMMERCIAL DISTRICT, THIS HOME IS PERFECT FOR YOU. RECENT UPDATES TO THE ELECTRICAL, PLUMBING, and OUTDOOR DECK, MAKES THIS HOME EVEN MORE ATTRACTIVE. IDEAL HOME FOR THE RETIREE OR WORKING PROFESSIONAL. HOME PRICED TO SALE AS-IS.

$185,000

2 beds2 baths— sq ft

2061 Vollintine Ave, Memphis, TN 38107

Outdoor deck • 0.24 acre lot • Built 1938

ABOUT THIS HOME
Cheap Home for sale in 38151, TN:
Price Improvement. Reduced by $25k. Motivated seller due to relocation. Historic Vollentine-Evergreen Neighborhood. Charming 3bd/2ba home within walking distance to Memphis Zoo, Rhodes College, Snowden Elementary, Greenline, and so much more! Amazing sunroom, wonderful wooden deck for entertaining+free standing wired studio/exercise room. All appliances stay. Very well maintained and updated.

$264,500

3 beds2 baths— sq ft

1805 Mignon Ave, Memphis, TN 38107

Updated • Exercise room • Sunroom

ABOUT THIS HOME
Cheap Home for sale in 38151, TN:
Buyer failed to close! Their loss is your opportunity! Great investment opportunity! Two duplexes available in terrific condition! These properties are rented for a combined rent of $1845/mo with room to grow as one unit is rented for free to Seller's friend! Professionally managed this property has a had a ton of updates and repairs over the past few years. Two duplexes on one parcel. No showings without an accepted offer. Do not approach or disturb tenants. No creative or seller finance or wholesale. Seller has multiple duplexes on Bingham that can be bought individually or in bulk.

$235,000

4 beds2 baths— sq ft

857 N Bingham St, Memphis, TN 38108

Built 1953 • Listed 181 days

Property at 3275 Macon Rd, Memphis, TN 38122, 2 beds, 2 baths

$150,290

2 beds2 baths— sq ft

3275 Macon Rd, Memphis, TN 38122

Property at 3084 Guernsey Ave, Memphis, TN 38112, 2 beds, 1 bath

$135,000

2 beds1 bath— sq ft

3084 Guernsey Ave, Memphis, TN 38112

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 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 452 Lipford St, Memphis, TN 38112, 2 beds, 1 bath

$114,380

2 beds1 bath— sq ft

452 Lipford St, Memphis, TN 38112

Property at 2601 Jackson Ave, Memphis, TN 38108, 2 beds, 1 bath

$80,000

2 beds1 bath— sq ft

2601 Jackson Ave, Memphis, TN 38108

Property at 958 Birch St, Memphis, TN 38108, 2 beds, 2 baths

$129,000

2 beds2 baths— sq ft

958 Birch St, Memphis, TN 38108

Property at 226 N Hollywood St N, Memphis, TN 38112, 3 beds, 2 baths

$250,000

3 beds2 baths— sq ft

226 N Hollywood St N, Memphis, TN 38112

Property at 1057 N Holmes St, Memphis, TN 38122, 1 bed, 2 baths

$142,310

1 bed2 baths— sq ft

1057 N Holmes St, Memphis, TN 38122

Property at 1009 Hudson St, Memphis, TN 38112, 2 beds, 1 bath

$113,050

2 beds1 bath— sq ft

1009 Hudson St, Memphis, TN 38112

Property at 3079 Henry Ave, Memphis, TN 38112, 3 beds, 2 baths

$176,890

3 beds2 baths— sq ft

3079 Henry Ave, Memphis, TN 38112

Property at 108 N Belvedere Blvd #34, Memphis, TN 38104, 1 bed, 1 bath

$90,000

1 bed1 bath— sq ft

108 N Belvedere Blvd #34, Memphis, TN 38104

Property at 683 Hudson St, Memphis, TN 38112, 3 beds, 1 bath

$159,000

3 beds1 bath— sq ft

683 Hudson St, Memphis, TN 38112

Property at 724 N Holmes St, Memphis, TN 38122, 2 beds, 1 bath

$125,000

2 beds1 bath— sq ft

724 N Holmes St, Memphis, TN 38122

Property at 873 Biggs St, Memphis, TN 38108, 3 beds, 2 baths

$169,000

3 beds2 baths— sq ft

873 Biggs St, Memphis, TN 38108

Property at 2534 Selman Ave, Memphis, TN 38112, 3 beds, 2 baths

$179,550

3 beds2 baths— sq ft

2534 Selman Ave, Memphis, TN 38112

Property at 2270 Devoy Ave, Memphis, TN 38108, 3 beds, 1 bath

$156,940

3 beds1 bath— sq ft

2270 Devoy Ave, Memphis, TN 38108

Property at 3126 Crump Ave, Memphis, TN 38112, 2 beds, 1 bath

$152,950

2 beds1 bath— sq ft

3126 Crump Ave, Memphis, TN 38112

Property at 702 Atlantic St, Memphis, TN 38112, 3 beds, 1 bath

$149,000

3 beds1 bath— sq ft

702 Atlantic St, Memphis, TN 38112

Property at 3299 Bowen Ave, Memphis, TN 38122, 3 beds, 1 bath

$164,920

3 beds1 bath— sq ft

3299 Bowen Ave, Memphis, TN 38122

Property at 886 N Bingham St, Memphis, TN 38108, 2 beds, 1 bath

$148,960

2 beds1 bath— sq ft

886 N Bingham St, Memphis, TN 38108

Property at 3070 Guernsey Ave, Memphis, TN 38112, 3 beds, 1 bath

$176,890

3 beds1 bath— sq ft

3070 Guernsey Ave, Memphis, TN 38112

Property at 816 Charles Pl, Memphis, TN 38112, 6 beds, 2.5 baths

$399,000

6 beds2.5 baths2,314 sq ft

816 Charles Pl, Memphis, TN 38112

Listing provided by REALTRACS

Property at 668 Hawthorne St, Memphis, TN 38107, 4 beds, 2 baths

$359,900

4 beds2 baths2,147 sq ft

668 Hawthorne St, Memphis, TN 38107

Listing provided by REALTRACS

Property at 3189 Highland Park Pl, Memphis, TN 38111, 4 beds, 3 baths

$274,900

4 beds3 baths2,324 sq ft

3189 Highland Park Pl, Memphis, TN 38111

Listing provided by REALTRACS

Property at 105 N Belvedere Blvd #6, Memphis, TN 38104, 2 beds, 1 bath

$52,500

2 beds1 bath810 sq ft

105 N Belvedere Blvd #6, Memphis, TN 38104

Listing provided by REALTRACS

Property at 45 N Belvedere Blvd #108, Memphis, TN 38104, 2 beds, 1 bath

$32,500

2 beds1 bath880 sq ft

45 N Belvedere Blvd #108, Memphis, TN 38104

Listing provided by REALTRACS

Property at 108 N Belvedere Blvd #22, Memphis, TN 38104, 2 beds, 1 bath

$72,500

2 beds1 bath860 sq ft

108 N Belvedere Blvd #22, Memphis, TN 38104

Listing provided by REALTRACS

Property at 108 N Belvedere Blvd #12, Memphis, TN 38104, 2 beds, 1 bath

$72,500

2 beds1 bath890 sq ft

108 N Belvedere Blvd #12, Memphis, TN 38104

Listing provided by REALTRACS

Property at 108 N Belvedere Blvd #18, Memphis, TN 38104, 2 beds, 1 bath

$72,500

2 beds1 bath895 sq ft

108 N Belvedere Blvd #18, Memphis, TN 38104

Listing provided by REALTRACS

Property at 33 N Merton St, Memphis, TN 38112, 3 beds, 2.5 baths

$209,900

3 beds2.5 baths1,730 sq ft

33 N Merton St, Memphis, TN 38112

Listing provided by REALTRACS

Property at 1029 University St, Memphis, TN 38107, 3 beds, 2 baths

$249,999

3 beds2 baths1,596 sq ft

1029 University St, Memphis, TN 38107

Listing provided by REALTRACS

Property at 2425 Forrest Ave, Memphis, TN 38112

$29,000

Land6,534 sq ft (lot)

2425 Forrest Ave, Memphis, TN 38112

Property at 0 Red Oak Ave, Memphis, TN 38112

$7,500

Land2,178 sq ft (lot)

0 Red Oak Ave, Memphis, TN 38112

Property at 2521 Dexter Ave, Memphis, TN 38108

$10,000

Land4,791 sq ft (lot)

2521 Dexter Ave, Memphis, TN 38108

Property at 0 Whitman Ave, Memphis, TN 38112

$9,900

Land6,098 sq ft (lot)

0 Whitman Ave, Memphis, TN 38112

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Cheap Homes for Sale in 38151

There are currently 211 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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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.

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