Cheap homes for sale & real estate in 38159, TN

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ABOUT THIS HOME
Cheap Home for sale in 38159, TN:
Experience the charm of classic city living in this top-floor, 3 bed, 2.5 bath walk-up on Main Street—reminiscent of iconic New York-style residences, full of character & elevated views. Situated in the vibrant heart of Downtown Memphis, this one-of-a-kind condo offers spectacular cityscape vistas through floor-to-ceiling windows & immerses you in the rich, authentic feel of a bygone era. Inside, enjoy an open-concept layout with restoration hardwood floors, exposed brick walls, high ceilings, and timeless furnishings. Two private balconies provide sweeping West & North views, including a stunning look down tree-lined Main Street—a picturesque setting that capt

$449,000

3 beds2.5 baths— sq ft

107 Madison Ave #401, Memphis, TN 38103

Private balconies • Exposed brick walls • Sweeping views

ABOUT THIS HOME
Cheap Home for sale in 38159, TN:
Beautifully renovated 4BR/3BA home located just minutes from Downtown Memphis! This spacious and stylish property offers modern updates and a prime location near shopping, dining, and entertainment. A perfect blend of comfort and convenience-don't miss your chance to call it home!!

$215,000

4 beds3 baths— sq ft

510 Leath St, Memphis, TN 38105

Built 1921 • Listed 189 days

ABOUT THIS HOME
Cheap Home for sale in 38159, TN:
Downtown Home. This home is a gem. Freshly painted inside-out! All bedrooms are on the main level. Washer, Dryer, Electric Stove, Microwave, Refrigerator, Dishwasher, carpet, tiled floors in kitchen and baths. Downtown location close to Harbor Town, FedEx Forum, Redbirds, St. Jude, and all of the Midtown entertainment!

$185,000

2 beds2 baths— sq ft

269 Looney Ave, Memphis, TN 38107

Main level • Microwave • Refrigerator

ABOUT THIS HOME
Cheap Home for sale in 38159, TN:
Fantastic 3 Bedroom or 2 bedroom plus Office. This unit is on the 4th floor at Cityhouse Condos with a great view of the City Skyline from the Private Balcony. All new paint and new carpet in bedrooms. This unit is spacious, with Gas Fireplace in Living room, Gas Cooking, Laundry/Pantry Combo and 2.5 baths! Unit comes with One assigned parking space in the garage. The HOA has extra parking spaces that can be rented if available and there is a garage next door to rent additional parking if needed. Condo has rooftop deck and small exercise room in the lobby area.

$334,500

3 beds2.5 baths— sq ft

510 Cityhouse Ct #406, Memphis, TN 38103

Rooftop deck • City skyline view • Private balcony

ABOUT THIS HOME
Cheap Home for sale in 38159, TN:
Nestled in the iconic South Main District of downtown Memphis is this unique 1 bedroom, 1 bath condo. This stylish condo features exposed brick walls and rustic wooden beam accents bringing warmth and character to the space. Designed with an open floor plan, this condo offers durable laminate wood flooring. The kitchen features gas cooking, a pantry and breakfast bar. The primary bedroom includes double closets providing ample storage. A Murphy bed adds flexibility for guests and creative use of space. Enjoy the community courtyard located on the exterior grounds. An additional designated storage area is included with this unit located in the basement. Two gated parking spaces are also prov

$214,900

1 bed1 bath— sq ft

137 E G E Patterson Ave #204, Memphis, TN 38103

Exposed brick walls • Open floor plan • Gas cooking

Property at 95 S Main St S #102, Memphis, TN 38103, 3 beds, 2.5 baths

$424,900

3 beds2.5 baths— sq ft

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

Property at 506 N Sixth St, Memphis, TN 38105, 3 beds, 1 bath

$105,000

3 beds1 bath— sq ft

506 N Sixth 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 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 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 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 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 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 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 380 N Island Dr #105, Memphis, TN 38103, 2 beds, 2 baths

$339,000

2 beds2 baths— sq ft

380 N Island Dr #105, Memphis, TN 38103

Property at 557 Rienzi Dr, Memphis, TN 38103, 2 beds, 2.5 baths

$400,000

2 beds2.5 baths— sq ft

557 Rienzi Dr, Memphis, TN 38103

Property at 200 Wagner Pl #1103, Memphis, TN 38103, 2 beds, 2 baths

$360,000

2 beds2 baths— sq ft

200 Wagner Pl #1103, Memphis, TN 38103

Property at 879 Tully St, Memphis, TN 38107, 3 beds, 1 bath

$90,000

3 beds1 bath— sq ft

879 Tully St, Memphis, TN 38107

Property at 137 G E Patterson Ave #504, Memphis, TN 38103, 2 beds, 2 baths

$339,900

2 beds2 baths— sq ft

137 G E Patterson Ave #504, Memphis, TN 38103

Property at 510 Cityhouse Ct #205, Memphis, TN 38103, 1 bed, 1 bath

$194,900

1 bed1 bath— sq ft

510 Cityhouse Ct #205, Memphis, TN 38103

Property at 589 Madewood Dr, Memphis, TN 38103, 2 beds, 2.5 baths

$337,500

2 beds2.5 baths— sq ft

589 Madewood Dr, Memphis, TN 38103

Property at 408 S Front St #301, Memphis, TN 38103, 1 bed, 1 bath

$230,000

1 bed1 bath— sq ft

408 S Front St #301, Memphis, TN 38103

Property at 107 S Front St #45, Memphis, TN 38103, 2 beds, 2 baths

$269,000

2 beds2 baths— sq ft

107 S Front St #45, Memphis, TN 38103

Property at 655 Riverside Dr #1405, Memphis, TN 38103, 1 bed, 1 bath

$395,000

1 bed1 bath— sq ft

655 Riverside Dr #1405, Memphis, TN 38103

Property at 127 Madison Ave #701, Memphis, TN 38103, 2 beds, 2 baths

$274,900

2 beds2 baths— sq ft

127 Madison Ave #701, Memphis, TN 38103

Property at 200 Wagner St #604, Memphis, TN 38103, 2 beds, 2 baths

$264,900

2 beds2 baths— sq ft

200 Wagner St #604, Memphis, TN 38103

Property at 95 S Main St #204, Memphis, TN 38103, 1 bed, 1 bath

$239,000

1 bed1 bath— sq ft

95 S Main St #204, Memphis, TN 38103

Property at 335 Riverbluff Pl #3, Memphis, TN 38103, 2 beds, 2.5 baths

$399,000

2 beds2.5 baths— sq ft

335 Riverbluff Pl #3, Memphis, TN 38103

Property at 335 Riverbluff Pl #2, Memphis, TN 38103, 2 beds, 2.5 baths

$425,000

2 beds2.5 baths— sq ft

335 Riverbluff Pl #2, Memphis, TN 38103

Property at 229 Leath St, Memphis, TN 38105

$70,000

— beds— baths— sq ft

229 Leath St, Memphis, TN 38105

Property at 430 N Front St, Memphis, TN 38103

$350,000

— beds— baths— sq ft

430 N Front St, Memphis, TN 38103

Property at 768 Pearce St, Memphis, TN 38107

$16,500

— beds— baths— sq ft

768 Pearce St, Memphis, TN 38107

Property at 866 River Park Dr, Memphis, TN 38103

$399,000

— beds— baths— sq ft

866 River Park Dr, Memphis, TN 38103

Property at 951 Seventh St, Memphis, TN 38107

$50,000

— beds— baths— sq ft

951 Seventh St, Memphis, TN 38107

Property at 226 Chelsea Ave, Memphis, TN 38107

$300,000

— beds— baths— sq ft

226 Chelsea Ave, Memphis, TN 38107

Property at 688 Looney Ave, Memphis, TN 38107

$40,000

— beds— baths— sq ft

688 Looney Ave, Memphis, TN 38107

Property at 641 S Danny Thomas Blvd, Memphis, TN 38126

$299,900

— beds— baths— sq ft

641 S Danny Thomas Blvd, Memphis, TN 38126

Property at 743 E Pontotoc Ave, Memphis, TN 38126

$75,000

— beds— baths— sq ft

743 E Pontotoc Ave, Memphis, TN 38126

Property at 705 E Pontotoc Ave, Memphis, TN 38126

$225,000

— beds— baths— sq ft

705 E Pontotoc Ave, Memphis, TN 38126

Property at 679 E Pontotoc Ave, Memphis, TN 38126

$142,000

— beds— baths— sq ft

679 E Pontotoc Ave, Memphis, TN 38126

Property at 640 E Pontotoc Ave, Memphis, TN 38126

$37,000

— beds— baths— sq ft

640 E Pontotoc Ave, Memphis, TN 38126

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Cheap Homes for Sale in 38159

There are currently 130 cheap homes for sale in 38159. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. This map is refreshed with the newest listings in 38159 every 15 minutes.

Find your dream home in 38159 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 38159 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 38159. If you're looking to sell your home in the 38159 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 38159 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 Nov 28 2025. 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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