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South Memphis Houses under $300,000

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    $300,000

    • 4 Beds
    • 2,106 Sq Ft

    123 Majuba Ave, Memphis, TN 38109

    Four 1-Bedroom, 1-Bathroom Units are an excellent investment opportunity! Each unit is move-in ready with central heating and air conditioning. Separate gas and water connections for each unit; Individual washer and dryer connections; Dedicated parking pads for all units; New roof, electrical, and plumbing; Newly installed windows for energy efficiency; Low maintenance! ALL of the units are

    Tonji Cromwell eXp Realty, LLC

    123 Majuba Ave, Memphis, TN 38109
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    $259,999

    • 2 Beds
    • 1,560 Sq Ft

    259 Maryland Ave, Memphis, TN 38126

    Cash flow like crazy!!! Renovation is now complete. Investment will be completely leased by closing. Gross potential rent is $3,610/month.

    Randall Garrett Franchise Realty, LLC

    259 Maryland Ave, Memphis, TN 38126
  • /27

    $299,900

    • 7 Beds

    470 Walker Ave Unit 3, Memphis, TN 38126

    This home is minutes away from downtown. Has been completely renovated. It has a 3-year-old roof, all new windows, ceiling fans in bedrooms, porcelain tile flooring, surveillance cameras, and has a large central unit for the residence. The home is a 2/1 and has a 2-unit building located in the rear and need to be finished, but great for rental to generate passive income. The home and the

    Tammy Owens Harris Realty Services

    470 Walker Ave Unit 3, Memphis, TN 38126
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    $240,000 New Construction

    • 4 Beds
    • 2 Baths
    • 1,400+ Sq Ft

    1061 Shaw Place, Memphis, TN 38126

    Welcome to Shaw Place Development—a new residential community in South Memphis offering 12 beautifully crafted 3 & 4 bedroom, 2 bathroom homes, all priced under $250,000. These homes feature 10 ft ceilings throughout, 1400–1600 sq ft of well-designed living space, durable tile flooring, stainless steel appliances, kitchen islands with pendant lighting, energy-efficient windows and doors, and

    Charlene Bailey Exit Realty Blues City

    1061 Shaw Place, Memphis, TN 38126
  • /2

    $240,000 New Construction

    • 4 Beds
    • 2 Baths
    • 1,400+ Sq Ft

    1069 Shaw Place, Memphis, TN 38126

    12 beautifully crafted 3 & 4 bedroom, 2 bathroom homes, all priced under $250,000. These homes feature 10 ft ceilings throughout, 1400–1600 sq ft of well-designed living space, durable tile flooring, stainless steel appliances, kitchen islands with pendant lighting, energy-efficient windows and doors, and concrete driveways. Located directly across from LeMoyne-Owen College and just minutes from

    1069 Shaw Place, Memphis, TN 38126
  • /2

    $230,000 New Construction

    • 3 Beds
    • 2 Baths
    • 1,400+ Sq Ft

    1067 Shaw Place, Memphis, TN 38126

    Welcome to Shaw Place Development—a new residential community in South Memphis offering 12 beautifully crafted 3 & 4 bedroom, 2 bathroom homes, all priced under $250,000. These homes feature 10 ft ceilings throughout, 1400–1600 sq ft of well-designed living space, durable tile flooring, stainless steel appliances, kitchen islands with pendant lighting, energy-efficient windows and doors, and

    1067 Shaw Place, Memphis, TN 38126
  • /2

    $230,000 New Construction

    • 3 Beds
    • 2 Baths
    • 1,400+ Sq Ft

    1055 Shaw Place, Memphis, TN 38126

    Memphis offering 12 beautifully crafted 3 & 4 bedroom, 2 bathroom homes, all priced under $250,000. These homes feature 10 ft ceilings throughout, 1400–1600 sq ft of well-designed living space, durable tile flooring, stainless steel appliances, kitchen islands with pendant lighting, energy-efficient windows and doors, and concrete driveways. Located directly across from LeMoyne-Owen College and

    1055 Shaw Place, Memphis, TN 38126

Home Trends in South Memphis, TN

Home Trends

Median Price (12 Mo)
$57,500
Median Single Family Price
$69,000
Median 2 Bedroom Price
$57,000
Average Price Per Sq Ft
$66
Number of Homes for Sale
69
Last 12 months Home Sales
143
Months of Supply
5.80
Median List Price
$79,950
Median Discount From 1st List Price
10%
Median Home Sale Price YoY Change
5%
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