Homes for sale under $150k in Memphis, TN

Homes for sale under $150k in Memphis, TN

Get up to $25,000 toward your first home! Move in with the City of Memphis' Citywide DPA program! Charming 3-bedroom, 1-bathroom home offering 948 square feet of comfortable living space on a peaceful street. This well-maintained property presents an excellent opportunity for first-time buyers ready to put down roots or savvy investors seeking solid returns. The thoughtfully designed layout maximizes every square foot, creating a cozy yet functional environment. With rental potential reaching $1,300 monthly, this gem exceeds investment benchmarks while maintaining neighborhood charm. Being sold as a package along with 3432 Radford 38111, 5090 Belfast 38127, 686 Delta 38109, 782 Frayser 3812

Homes for sale under $150k in Memphis, TN

Excellent investment opportunity in Memphis, TN featuring three single-family homes being offered individually or as a portfolio. Properties are being listed separately but may be purchased together as an investment package. 346 Modder Ave – Currently tenant-occupied, providing immediate cash flow. 132 Majuba St – Currently vacant and will require some repairs prior to occupancy, offering value-add potential for investors. 125 E McKellar Ave – Vacant and ideal for an investor or owner-occupant. Portfolio Option: Purchase all three properties together for a total price of $315,000. This package provides flexibility for renovations, strong rental potential, and an excellent

Homes for sale under $150k in Memphis, TN

Great investment opportunity in Memphis! 157 Cedar Ave is a solid 3-bedroom, 2-bath home that is currently being used as a short-term rental. The property sits on a quiet street and offers a functional layout, a spacious lot, and strong rental potential. All furniture can be included at no additional cost if the buyer chooses to keep it, making this a flexible and turnkey investment option. Whether you're looking to expand your portfolio or begin your real estate investing journey, this home is a smart buy. Don’t miss your chance to unlock the value in this affordable, income-generating property. This could be your next big opportunity—or your new home!