Cheap homes for sale & real estate in 38197, TN

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ABOUT THIS HOME
Cheap Home for sale in 38197, TN:
NEW PRICE UPDATE WITH MOTIVATED SELLER!!!! This is a beautiful four-bedroom, two-bath home located in Germantown, featuring fresh paint, an updated kitchen, and stunning flooring throughout. The home offers a spacious eat-in kitchen, a beautifully landscaped yard, and a fully fenced backyard. It’s truly move-in ready and conveniently located near plenty of shopping and a nearby park!! Motivated Seller!!

$360,000

4 beds2 baths— sq ft

2531 Mimosa Tree Dr, Germantown, TN 38138

Updated kitchen • Nearby park • 0.27 acre lot

ABOUT THIS HOME
Cheap Home for sale in 38197, TN:
2 Bedroom 1.5 Bath in lovely gated Chatham Village Condos Being Sold AS-IS~~ Downstairs has no sheetrock from prior broken pipe~~Rehab needed~~ Potential galore~~T.

$106,900

2 beds1.5 baths— sq ft

1228 Bristol Dr #1228, Memphis, TN 38119

Community pool • Built 1968 • Listed 100 days

ABOUT THIS HOME
Cheap Home for sale in 38197, TN:
Wonderful large cond - upstairs - 2 bedroom - 2 bath flat with large Den New carpet, new paint Move in Ready and easy to see- Minutes from Germantown Great location

$124,000

2 beds2 baths— sq ft

6774 Enchanted Oak Pl #4, Memphis, TN 38120

Parking • Community pool • Built 1978

ABOUT THIS HOME
Cheap Home for sale in 38197, TN:
Welcome Home to this beautifully updated residence in the desirable Green Trees neighborhood of East Memphis! Move-in ready, features an updated kitchen, bathrooms and stylish new flooring throughout. Fresh interior and exterior paint, large floor-to-ceiling windows flood the home with natural light. Spacious rooms include a formal dining room, living room, office, laundry room and a huge den/playroom perfect for family gatherings. The primary suite is generously sized and located downstairs with updated finishes. Upstairs, 2 additional bedrooms w/ great closet space, bathroom complete the layout. Outdoor living shines, fenced backyard, electric security gate, 2-car garage w/ storage, back

$424,999

3 beds3 baths— sq ft

6735 Poplar Pike, Memphis, TN 38119

Formal dining room • New flooring • Huge den/playroom

FLOOR PLAN

ABOUT THIS HOME
Cheap Home for sale in 38197, TN:
Excellent investment opportunity! Well-maintained duplex in Colonial Acres featuring two 2-bedroom, 1.5-bath units. One unit is vacant and rent-ready with an updated kitchen, fresh interior paint, and new carpet in the bedrooms, providing an ideal opportunity for an owner-occupant or immediate lease-up. The second unit is occupied by a month-to-month tenant ($1,295/month), offering current income with future flexibility. Both units share a fenced backyard, providing outdoor space for tenants to enjoy. Conveniently located near shopping, dining, and major commuter routes. Whether you're looking to add to your portfolio or live in one unit while generating rental income from the other, this p

$300,000

4 beds3 baths— sq ft

5659 Hinton Pl, Memphis, TN 38119

Updated kitchen • Outdoor space • Fenced backyard

Property at 7024 Country Rd #7, Germantown, TN 38138, 3 beds, 2.5 baths

$274,900

3 beds2.5 baths— sq ft

7024 Country Rd #7, Germantown, TN 38138

Property at 5726 Quince Rd #4, Memphis, TN 38119, 2 beds, 1.5 baths

$109,000

2 beds1.5 baths— sq ft

5726 Quince Rd #4, Memphis, TN 38119

Property at 2308 Hickory Forest Dr, Memphis, TN 38119, 4 beds, 3 baths

$425,000

4 beds3 baths— sq ft

2308 Hickory Forest Dr, Memphis, TN 38119

Property at 728 Eventide Dr #728, Memphis, TN 38120, 3 beds, 2.5 baths

$449,000

3 beds2.5 baths— sq ft

728 Eventide Dr #728, Memphis, TN 38120

Property at 5696 Quince Rd #1, Memphis, TN 38119, 2 beds, 1.5 baths

$114,900

2 beds1.5 baths— sq ft

5696 Quince Rd #1, Memphis, TN 38119

Property at 716 Eventide Dr #716, Memphis, TN 38120, 4 beds, 2.5 baths

$345,500

4 beds2.5 baths— sq ft

716 Eventide Dr #716, Memphis, TN 38120

Property at 6705 Majestic Oak Pl #4, Memphis, TN 38120, 2 beds, 2 baths

$100,000

2 beds2 baths— sq ft

6705 Majestic Oak Pl #4, Memphis, TN 38120

Property at 6976 Country Rd #34, Germantown, TN 38138, 2 beds, 2.5 baths

$249,900

2 beds2.5 baths— sq ft

6976 Country Rd #34, Germantown, TN 38138

Property at 6692 Whispering Oak Pl #3, Memphis, TN 38120, 1 bed, 1 bath

$105,000

1 bed1 bath— sq ft

6692 Whispering Oak Pl #3, Memphis, TN 38120

Property at 5882 Macleod Dr, Memphis, TN 38119, 4 beds, 2.5 baths

$280,000

4 beds2.5 baths— sq ft

5882 Macleod Dr, Memphis, TN 38119

Property at 6905 Petworth Rd #6905, Memphis, TN 38119, 3 beds, 2.5 baths

$249,000

3 beds2.5 baths— sq ft

6905 Petworth Rd #6905, Memphis, TN 38119

Property at 1202 Middle Court Ct #101, Memphis, TN 38119, 1 bed, 1 bath

$94,900

1 bed1 bath— sq ft

1202 Middle Court Ct #101, Memphis, TN 38119

Property at 6767 Meadow Oak Pl #3, Memphis, TN 38120, 2 beds, 2 baths

$140,000

2 beds2 baths— sq ft

6767 Meadow Oak Pl #3, Memphis, TN 38120

Property at 6997 Fords Station Rd #16, Germantown, TN 38138, 4 beds, 2.5 baths

$296,900

4 beds2.5 baths— sq ft

6997 Fords Station Rd #16, Germantown, TN 38138

Property at 1220 Chamberlain Dr #4, Memphis, TN 38119, 2 beds, 1.5 baths

$129,000

2 beds1.5 baths— sq ft

1220 Chamberlain Dr #4, Memphis, TN 38119

Property at 2523 Syon Dr, Memphis, TN 38119, 8 beds, 5 baths

$379,000

8 beds5 baths6,204 sq ft

2523 Syon Dr, Memphis, TN 38119

Listing provided by REALTRACS as Distributed by MLS Grid

Property at 6650 Wynne Oak Cv, Memphis, TN 38119

$125,000

Land5,662 sq ft (lot)

6650 Wynne Oak Cv, Memphis, TN 38119

Property at 7017 Western Ave, Germantown, TN 38138

$300,000

Land2.02 acres (lot)

7017 Western Ave, Germantown, TN 38138

Property at 2201 Sunset Rd, Germantown, TN 38138

$180,000

Land0.45 acre (lot)

2201 Sunset Rd, Germantown, TN 38138

Property at 6986 Western Ave, Germantown, TN 38138

$350,000

Land2.03 acres (lot)

6986 Western Ave, Germantown, TN 38138

Property at 0 Western Ave, Memphis, TN 38138

$350,000

Land2.57 acres (lot)

0 Western Ave, Memphis, TN 38138

Property at 1308 Heron Oaks Cove Cv, Memphis, TN 38120

$449,000

Land0.78 acre (lot)

1308 Heron Oaks Cove Cv, Memphis, TN 38120

Property at 1338 Heron Oaks Cove Cv, Memphis, TN 38120

$449,000

Land0.75 acre (lot)

1338 Heron Oaks Cove Cv, Memphis, TN 38120

Property at 9121 Oldfield Ln, Memphis, TN 38138

$250,000

Land0.57 acre (lot)

9121 Oldfield Ln, Memphis, TN 38138

Property at 9102 Oldfield Ln, Memphis, TN 38138

$250,000

Land0.75 acre (lot)

9102 Oldfield Ln, Memphis, TN 38138

Property at 9196 Oldfield Cv, Memphis, TN 38138

$250,000

Land0.33 acre (lot)

9196 Oldfield Cv, Memphis, TN 38138

Property at 9135 Oldfield Ln, Memphis, TN 38138

$250,000

Land0.33 acre (lot)

9135 Oldfield Ln, Memphis, TN 38138

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Cheap Homes for Sale in 38197

There are currently 73 cheap homes for sale in 38197. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. This map is refreshed with the newest listings in 38197 every 15 minutes.

Find your dream home in 38197 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 38197 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 38197. If you're looking to sell your home in the 38197 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 38197 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 Mon Sep 14 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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