Cheap homes for sale & real estate in 38186, TN

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ABOUT THIS HOME
Cheap Home for sale in 38186, TN:
Great home close to Graceland!

$269,000

4 beds3 baths— sq ft

3836 Birchleaf Rd, Memphis, TN 38116

0.39 acre lot • Garage • Built 1972

ABOUT THIS HOME
Cheap Home for sale in 38186, TN:
Charming and move-in ready! This well-maintained 3-bedroom home features beautiful hardwood floors throughout, offering a warm and timeless feel in every room. Two major upgrades have already been taken care of for you — a new roof (2021) and new HVAC system (2021) — giving peace of mind and helping keep future maintenance costs low. Spacious layout, great natural light, and a convenient location near shopping, schools, and interstate access. Perfect for a homeowner or investor looking for a solid, updated property. Don’t miss this one!

$194,900

3 beds2 baths— sq ft

4506 Faronia Rd, Memphis, TN 38116

Convenient location • Hardwood floors • New roof

ABOUT THIS HOME
Cheap Home for sale in 38186, TN:
Great Flip Opportunity or Value Add property located behind Graceland. 1900 Sq. Ft. 4 Bed, 2 Bath home. 2-year-old roof, the exterior is in excellent condition! New LVP floors throughout, except bathrooms and kitchen. Original hardwood floors and stair treads located upstairs. The interior needs some TLC but will carry an ARV of $240K-$250K.

$175,000

4 beds2 baths— sq ft

3629 Huckleberry St, Memphis, TN 38116

2 year old roof • New lvp floors • 0.23 acre lot

ABOUT THIS HOME
Cheap Home for sale in 38186, TN:
INVESTOR'S ONLY! As-Is Cash Sale. Only ONE block from Graceland! Perfect for a renovation your way. You may even want to maintain the 50's vibe of this home! All bedrooms on one level (no stairs). Primary bedroom is large with attached half bathroom. Could be an excellent vacay rental, fix & flip, or primary residence. No wholesalers or assignments! Ask your REALTOR® for special information.

$100,000

3 beds1.5 baths— sq ft

3921 Royal Oaks Dr, Memphis, TN 38116

0.27 acre lot • 2 parking spots • Built 1955

ABOUT THIS HOME
Cheap Home for sale in 38186, TN:
Discover comfort, character, and convenience in this charming home located just minutes from Elvis Presley’s iconic Graceland! Beautiful curb appeal welcomes you with towering shade trees, a low-maintenance brick exterior, and a 2-car garage. Inside, a bright living room features a cozy fireplace and a wall of windows and opens to the dining room with a custom round window. The den offers a second fireplace and original hardwood floors and leads into a spacious kitchen with stainless steel appliances and plenty of cabinet space. The nearby laundry room includes a sink, pantry, and door to the backyard. Down the hall is a large primary bedroom with walk-in closet and private bath, plus

$210,000

3 beds3 baths— sq ft

1250 Old Hickory Rd, Memphis, TN 38116

Brick exterior • Custom round window • Cozy fireplace

Property at 4029 Hermitage Dr, Memphis, TN 38116, 3 beds, 2 baths

$199,000

3 beds2 baths— sq ft

4029 Hermitage Dr, Memphis, TN 38116

Property at 4785 Dianne Dr, Memphis, TN 38116, 4 beds, 2 baths

$199,901

4 beds2 baths1,732 sq ft

4785 Dianne Dr, Memphis, TN 38116

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 3643 W Big Bend Dr, Memphis, TN 38116, 3 beds, 1.5 baths

$205,000

3 beds1.5 baths— sq ft

3643 W Big Bend Dr, Memphis, TN 38116

Property at 1681 Janis Dr, Memphis, TN 38116, 3 beds, 2 baths

$239,900

3 beds2 baths— sq ft

1681 Janis Dr, Memphis, TN 38116

Property at 1288 Davidson Dr, Memphis, TN 38116, 3 beds, 1.5 baths

$160,000

3 beds1.5 baths— sq ft

1288 Davidson Dr, Memphis, TN 38116

Property at 1381 Laudeen Dr, Memphis, TN 38116, 3 beds, 1.5 baths

$145,000

3 beds1.5 baths— sq ft

1381 Laudeen Dr, Memphis, TN 38116

Property at 3665 Summer Shade Cv, Memphis, TN 38116, 5 beds, 3 baths

$255,000

5 beds3 baths— sq ft

3665 Summer Shade Cv, Memphis, TN 38116

Property at 1341 Carol Dr, Memphis, TN 38116, 3 beds, 1.5 baths

$169,900

3 beds1.5 baths— sq ft

1341 Carol Dr, Memphis, TN 38116

Property at 936 Brownlee Rd, Memphis, TN 38116, 4 beds, 2 baths

$250,000

4 beds2 baths— sq ft

936 Brownlee Rd, Memphis, TN 38116

Property at 1185 Timothy Dr, Memphis, TN 38116, 3 beds, 2 baths

$189,900

3 beds2 baths— sq ft

1185 Timothy Dr, Memphis, TN 38116

Property at 4307 Sidney Rd, Memphis, TN 38116, 3 beds, 2 baths

$154,000

3 beds2 baths— sq ft

4307 Sidney Rd, Memphis, TN 38116

Property at 1718 Borden Dr, Memphis, TN 38116, 3 beds, 2 baths

$170,000

3 beds2 baths— sq ft

1718 Borden Dr, Memphis, TN 38116

Property at 3687 Windcrest Rd, Memphis, TN 38116, 3 beds, 1 bath

$94,900

3 beds1 bath— sq ft

3687 Windcrest Rd, Memphis, TN 38116

Property at 4025 E Whitehaven Park Cir, Memphis, TN 38116, 3 beds, 2 baths

$196,800

3 beds2 baths— sq ft

4025 E Whitehaven Park Cir, Memphis, TN 38116

Property at 1308 E Raines Rd, Memphis, TN 38116, 3 beds, 2.5 baths

$149,900

3 beds2.5 baths— sq ft

1308 E Raines Rd, Memphis, TN 38116

Property at 1911 E Shelby Dr, Memphis, TN 38116, 3 beds, 1 bath

$124,000

3 beds1 bath— sq ft

1911 E Shelby Dr, Memphis, TN 38116

Property at 1278 Davidson Dr, Memphis, TN 38116, 2 beds, 2 baths

$220,000

2 beds2 baths— sq ft

1278 Davidson Dr, Memphis, TN 38116

Property at 4262 Balboa Cir #4262, Memphis, TN 38116, 3 beds, 2.5 baths

$195,000

3 beds2.5 baths— sq ft

4262 Balboa Cir #4262, Memphis, TN 38116

Property at 4551 Tammy Ln, Memphis, TN 38116, 4 beds, 2 baths

$184,000

4 beds2 baths— sq ft

4551 Tammy Ln, Memphis, TN 38116

Property at 4344 Paula Dr, Memphis, TN 38116, 4 beds, 2.5 baths

$234,900

4 beds2.5 baths— sq ft

4344 Paula Dr, Memphis, TN 38116

Property at 1328 Old Hickory Rd, Memphis, TN 38116, 4 beds, 2.5 baths

$179,900

4 beds2.5 baths— sq ft

1328 Old Hickory Rd, Memphis, TN 38116

Property at 4748 Mickey Dr, Memphis, TN 38116, 4 beds, 2 baths

$219,000

4 beds2 baths— sq ft

4748 Mickey Dr, Memphis, TN 38116

Property at 3700 Lakeview Rd, Memphis, TN 38116, 9 beds, 5.5 baths

$359,000

9 beds5.5 baths— sq ft

3700 Lakeview Rd, Memphis, TN 38116

Property at 1268 Royal Oaks Cv, Memphis, TN 38116, 2 beds, 2 baths

$76,400

2 beds2 baths— sq ft

1268 Royal Oaks Cv, Memphis, TN 38116

Property at 1809 Grovehaven Cir #1809, Memphis, TN 38116, 2 beds, 1.5 baths

$99,900

2 beds1.5 baths— sq ft

1809 Grovehaven Cir #1809, Memphis, TN 38116

Property at 1759 Club Green Dr #67, Memphis, TN 38116, 3 beds, 2.5 baths

$73,000

3 beds2.5 baths— sq ft

1759 Club Green Dr #67, Memphis, TN 38116

Property at 3693 Hermitage Dr, Memphis, TN 38116, 4 beds, 3 baths

$145,000

4 beds3 baths— sq ft

3693 Hermitage Dr, Memphis, TN 38116

Property at 1358 Old Hickory Rd, Memphis, TN 38116, 3 beds, 2 baths

$188,000

3 beds2 baths— sq ft

1358 Old Hickory Rd, Memphis, TN 38116

Property at 720 Rosebanks Rd, Memphis, TN 38116, 3 beds, 2 baths

$169,900

3 beds2 baths— sq ft

720 Rosebanks Rd, Memphis, TN 38116

Property at 2093 Wooden Heart Ct #27, Memphis, TN 38116, 3 beds, 2.5 baths

$75,000

3 beds2.5 baths— sq ft

2093 Wooden Heart Ct #27, Memphis, TN 38116

Property at 899 Craft Rd, Memphis, TN 38116, 2 beds, 2 baths

$166,000

2 beds2 baths— sq ft

899 Craft Rd, Memphis, TN 38116

Property at 4232 Ambrose Dr, Memphis, TN 38116, 4 beds, 2 baths

$251,000

4 beds2 baths— sq ft

4232 Ambrose Dr, Memphis, TN 38116

Property at 1049 Hale Rd, Memphis, TN 38116, 3 beds, 1 bath

$139,000

3 beds1 bath— sq ft

1049 Hale Rd, Memphis, TN 38116

Property at 1971 Francisco St, Memphis, TN 38116

$45,000

— beds— baths— sq ft

1971 Francisco St, Memphis, TN 38116

Property at 0 Linwood Rd, Memphis, TN 38116

$20,000

— beds— baths— sq ft

0 Linwood Rd, Memphis, TN 38116

Property at 707 Craft Rd, Memphis, TN 38116

$100,000

— beds— baths— sq ft

707 Craft Rd, Memphis, TN 38116

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Cheap Homes for Sale in 38186

There are currently 41 cheap homes for sale in 38186. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. This map is refreshed with the newest listings in 38186 every 15 minutes.

Find your dream home in 38186 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 38186 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 38186. If you're looking to sell your home in the 38186 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 38186 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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