Cheap homes for sale & real estate in 38194, TN

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ABOUT THIS HOME
Cheap Home for sale in 38194, TN:
Expand your investment portfolio with this excellent rental opportunity. Situated in a desirable rental market, this property offers convenient access to shopping, dining, major employers, and other local amenities. Please note that wholesale offers and contract assignments will not be considered.

$139,900

5 beds2 baths— sq ft

3764 Cazassa Rd, Memphis, TN 38116

8,712 sq ft lot • Parking • Built 1959

ABOUT THIS HOME
Cheap Home for sale in 38194, TN:
Lovely 3 bedroom 1 bathroom home that was just rehabbed in August 2026! Great brick home with covered parking, durable laminate flooring, new carpet in bedrooms, central heat and air, new interior paint, and a nice floorplan. Backyard is fully fenced (pet friendly). Roof looks to be in good condition. This could be a great long term rental, or primary residence. Seller is willing to help with closing costs, provide a new gas stove with an acceptable offer. This home qualifies for special 100% financing incentives thru Renasant Bank! FHA/ VA/ Conventional buyers welcome! As an added bonus. .. seller is offering a 1 year home warranty thru American Home Shield (AHS). Come view this home tod

$100,000

3 beds1 bath— sq ft

2601 Darlene St, Memphis, TN 38106

Covered parking • New carpet • Central heat and air

ABOUT THIS HOME
Cheap Home for sale in 38194, TN:
3bedroom 2 bathrooms New Roof & water heater. HVAC 10 years old , now vacant. No subject to offers, no blind offers. seller motivated. Contact listing agent for access.

$70,000

3 beds2 baths— sq ft

1246 Gausco Rd, Memphis, TN 38106

7,405 sq ft lot • Built 1952 • Listed 8 days

ABOUT THIS HOME
Cheap Home for sale in 38194, TN:
Turnkey Tenant-Occupied Rental at 2473 Joy Ln — $1,085/mo Cash-flowing single-family investment property with a tenant already in place paying $1,085/month, offering immediate income for investors seeking a stabilized, hands-off asset. Recently renovated in 2025, this home combines updated condition with dependable rental performance — meaning lower near-term capital expenditure and strong tenant appeal. The property is professionally managed, making it an ideal fit for out-of-state or hands-off investors who want steady returns without the day-to-day operational burden. With a tenant in place and management already handling the details, this is a true plug-and-play addition to

$100,000

3 beds1 bath— sq ft

2473 Joy Ln, Memphis, TN 38114

Recently renovated • Built 1954 • Listed 7 days

ABOUT THIS HOME
Cheap Home for sale in 38194, 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.

$139,900

3 beds2 baths— sq ft

1479 Old Hickory Rd, Memphis, TN 38116

0.41 acre lot • 2 parking spots • Built 1958

Property at 1717 Berwind Rd, Memphis, TN 38116, 3 beds, 1.5 baths

$175,000

3 beds1.5 baths— sq ft

1717 Berwind Rd, Memphis, TN 38116

Property at 1762 Wendy Dr, Memphis, TN 38114, 4 beds, 2 baths

$171,000

4 beds2 baths— sq ft

1762 Wendy Dr, Memphis, TN 38114

Property at 3629 Huckleberry St, Memphis, TN 38116, 4 beds, 2 baths

$233,500

4 beds2 baths— sq ft

3629 Huckleberry St, Memphis, TN 38116

Property at 1404 Old Hickory Rd, Memphis, TN 38116-4318, 3 beds, 3 baths

$134,900

3 beds3 baths— sq ft

1404 Old Hickory Rd, Memphis, TN 38116-4318

Property at 3639 Huckleberry St, Memphis, TN 38116, 4 beds, 2.5 baths

$252,500

4 beds2.5 baths— sq ft

3639 Huckleberry St, Memphis, TN 38116

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

$178,900

3 beds1.5 baths— sq ft

3643 W Big Bend Dr, Memphis, TN 38116

Property at 2569 Rozelle St, Memphis, TN 38114, 3 beds, 1.5 baths

$139,000

3 beds1.5 baths— sq ft

2569 Rozelle St, Memphis, TN 38114

Property at 2518 Manchester Rd, Memphis, TN 38114, 3 beds, 1 bath

$125,000

3 beds1 bath— sq ft

2518 Manchester Rd, Memphis, TN 38114

Property at 1944 Croydon Ave, Memphis, TN 38116, 4 beds, 2 baths

$156,000

4 beds2 baths— sq ft

1944 Croydon Ave, Memphis, TN 38116

Property at 2404 Hernando Rd, Memphis, TN 38106, 3 beds, 1 bath

$60,274

3 beds1 bath— sq ft

2404 Hernando Rd, Memphis, TN 38106

Property at 1951 Colfax Ave, Memphis, TN 38116, 3 beds, 1.5 baths

$208,900

3 beds1.5 baths— sq ft

1951 Colfax Ave, Memphis, TN 38116

Property at 1403 Old Hickory Rd, Memphis, TN 38116, 3 beds, 2.5 baths

$139,900

3 beds2.5 baths— sq ft

1403 Old Hickory Rd, Memphis, TN 38116

Property at 3710 Hermitage Dr, Memphis, TN 38116, 3 beds, 2 baths

$129,900

3 beds2 baths— sq ft

3710 Hermitage Dr, Memphis, TN 38116

Property at 3612 Hazelhedge Dr, Memphis, TN 38116, 4 beds, 3 baths

$229,900

4 beds3 baths— sq ft

3612 Hazelhedge Dr, Memphis, TN 38116

Property at 1510 Gausco Rd, Memphis, TN 38106, 3 beds, 1 bath

$95,000

3 beds1 bath— sq ft

1510 Gausco Rd, Memphis, TN 38106

Property at 1370 Alcy Rd, Memphis, TN 38106, 3 beds, 1 bath

$80,000

3 beds1 bath— sq ft

1370 Alcy Rd, Memphis, TN 38106

Property at 2394 Warren St, Memphis, TN 38106, 2 beds, 1 bath

$45,000

2 beds1 bath— sq ft

2394 Warren St, Memphis, TN 38106

Property at 2344 Warren St, Memphis, TN 38106, 2 beds, 1 bath

$65,000

2 beds1 bath— sq ft

2344 Warren St, Memphis, TN 38106

Property at 2196 Ketchum Rd, Memphis, TN 38114, 4 beds, 2 baths

$130,000

4 beds2 baths— sq ft

2196 Ketchum Rd, Memphis, TN 38114

Property at 2352 Verdun Cv, Memphis, TN 38114, 3 beds, 1 bath

$79,900

3 beds1 bath— sq ft

2352 Verdun Cv, Memphis, TN 38114

Property at 1217 Carlton Rd, Memphis, TN 38106, 3 beds, 2 baths

$169,900

3 beds2 baths— sq ft

1217 Carlton Rd, Memphis, TN 38106

Property at 1229 Gausco Rd, Memphis, TN 38106

$58,000

Land9,583 sq ft (lot)

1229 Gausco Rd, Memphis, TN 38106

Property at 2944 Millbranch Rd, Memphis, TN 38116

$200,000

Land3.33 acres (lot)

2944 Millbranch Rd, Memphis, TN 38116

Property at 2308 Ketchum Rd, Memphis, TN 38114

$6,900

Land0.27 acre (lot)

2308 Ketchum Rd, Memphis, TN 38114

Property at 0 Pecan Cir, Memphis, TN 38114

$30,000

Land2.48 acres (lot)

0 Pecan Cir, Memphis, TN 38114

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 0 West Hollyford Rd, Memphis, TN 38114

$29,900

Land0.64 acre (lot)

0 West Hollyford Rd, Memphis, TN 38114

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 0 Lindbergh Rd, Memphis, TN 38114

$16,900

Land6,490 sq ft (lot)

0 Lindbergh Rd, Memphis, TN 38114

Listing provided by REALTRACS as Distributed by MLS Grid

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Cheap Homes for Sale in 38194

There are currently 32 cheap homes for sale in 38194. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. This map is refreshed with the newest listings in 38194 every 15 minutes.

Find your dream home in 38194 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 38194 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 38194. If you're looking to sell your home in the 38194 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 38194 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 Sat Aug 22 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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