Memphis Homes under $600,000

Memphis Homes under $600,000

Welcome to Memphis, Tennessee, a vibrant city steeped in rich history and cultural diversity. Nestled in Shelby County, Memphis is renowned for its soulful music, delectable barbecue, and warm Southern hospitality. As the birthplace of blues and home to iconic landmarks like Beale Street and Graceland, this city offers a unique blend of artistic expression and historical significance.

For those seeking their dream home in this dynamic environment, Memphis presents an array of options, particularly for families and first-time buyers looking for homes under $600,000. The real estate market here is as diverse as its culture, with charming bungalows, modern townhomes, and spacious family residences available in various neighborhoods. From the historic districts of Midtown to the family-friendly suburbs of Germantown and Collierville, there’s a home for every taste and lifestyle.

Living in Memphis means embracing a community that celebrates its heritage while looking forward to the future. Residents enjoy access to top-notch schools, beautiful parks, and a thriving arts scene. Whether you’re exploring the vibrant nightlife, indulging in mouthwatering local cuisine, or enjoying a leisurely stroll along the Mississippi River, Memphis offers a lifestyle that is both exciting and fulfilling.

With homes under $600,000, you can find the perfect place to call your own in this remarkable city. Experience the charm and warmth of Memphis, where every neighborhood tells a story, and every home is a gateway to a new adventure. Your dream home awaits!

Newest Memphis Homes under $600,000

3010 Scotland Rd, Memphis
$150,000
3 Beds ⋅ 2 Baths ⋅ 10233258 MLS
Very well maintained 3 bedroom, 2 bath home in Scenic Hills! This home offers two living spaces and a dining room area. Recent improvements include a bathroom update and new water heater within the last year, plus an HVAC system replaced within the last five years. Enjoy original hardwood floors throughout and a spacious backyard with a detached shed for extra storage. Priced to reflect updates that may be needed, this home has great potential as a primary residence or investment property. Come take a look!

3010 Scotland Rd, Memphis
1650 Barton St, Memphis
$109,900
4 Beds ⋅ 1 Baths ⋅ 10233257 MLS
Investors — your next high-yield rental is here! Welcome to 1650 Barton St, a 4-bed, 1-bath home with 1,120 sq ft of rental-ready potential. This property previously rented for $1,667/month through MHA, making it a strong contender for anyone looking to expand their portfolio with reliable cash flow. The home is offered AS-IS, with repairs needed (no AC, two broken windows, and no appliances). Seller prefers cash and is open to reasonable offers. If you’re searching for a value-add opportunity with proven rental performance, this Memphis property deserves a spot in your portfolio.

1650 Barton St, Memphis
5856 Ridgehill Dr, Memphis
$159,900
3 Beds ⋅ 2 Baths ⋅ 10233253 MLS
BEAUTIFULLY RENOVATED & MOVE-IN READY! Discover this extensively renovated 3-bedroom, 2-bath home offering approximately 1,451 square feet of updated living space. Featuring a brand-new roof, beautiful luxury flooring, fresh interior and exterior paint, updated lighting, and modern finishes throughout. The renovated kitchen showcases new cabinetry, countertops, fixtures, and dishwasher, while both bathrooms feature updated fixtures and tilework. Major improvements include updated electrical, plumbing, HVAC, insulation, drywall, and interior doors. Exterior enhancements include refreshed landscaping and updated trim. Enjoy the comfort and convenience of a move-in-ready home with extensive improvements already completed. Schedule your private showing today!

5856 Ridgehill Dr, Memphis
5260 Helene Rd, Memphis
$250,000
4 Beds ⋅ 2 Baths ⋅ 10233251 MLS
Classic East Memphis Charm Meets Beautiful Modern Updates! Welcome to 5260 Helene Road, a completely renovated 4-bedroom, 2-bath home offering timeless character with today's modern conveniences! Beautifully refinished hardwood floors bring warmth and elegance throughout, while the updated kitchen shines with gorgeous quartz countertops, brand-new stainless steel appliances, and gas cooking. Both bathrooms have been tastefully refreshed with stylish tile flooring and new fixtures. The versatile floor plan features two bedrooms downstairs and two upstairs, offering flexibility for guests, a home office, or growing needs. Situated on a lovely corner/cove lot with mature trees, this home offers an established neighborhood feel and plenty of curb appeal. A covered one-car carport adds everyday convenience. With the renovations already complete, all that's left to do is move in and enjoy! Don't miss this East Memphis gem!

5260 Helene Rd, Memphis
7522 Bevy Ridge Ln, Memphis
$280,000
4 Beds ⋅ 3 Baths ⋅ 10233246 MLS
Priced to Sell & No City Taxes! Well-maintained 4-bedroom, 3-bath home built in 2007, offering a great opportunity to build equity with your own cosmetic updates. The home features a desirable split floor plan, with the spacious primary suite on the main level and the additional bedrooms located upstairs. The primary bedroom includes large walk-in closets for plenty of storage. Recent updates include a new water heater and an HVAC system approximately 5 years old. The roof is over 10 years old but remains in good condition. With a solid foundation and plenty of potential to personalize, this home is a great opportunity for buyers looking for value in a well-maintained property with no city taxes.

7522 Bevy Ridge Ln, Memphis
3520 Central Ave Unit #209, Memphis
$299,900
2 Beds ⋅ 2 Baths ⋅ 10233245 MLS
Condo Living Near the University of Memphis! Located at 3520 Central Ave in the Tiger Lane area, this condo is just steps from the University of Memphis main campus. The property offers a secure building with security cameras throughout, a pet-friendly environment, and a convenient trash chute on every floor. The unit includes one private, covered parking space, plus additional parking for guests or a second vehicle. The HOA keeps the building and common areas spotless, making this an excellent option for anyone looking for convenience, security, and low-maintenance living in a great Memphis location. Contact your real estate professional today for more information or to schedule a private showing! Seller will consider a Lease option with the right terms. #MemphisRealEstate #UniversityOfMemphis #TigerLane #MemphisCondo #CondoForSale #HomeForSale #CondoMemphisForSale #leasethisCondomemphis #anthonymannierealtor #3520CentralAve209 #thelauralsmemphis

3520 Central Ave Unit #209, Memphis
3118 Chisca Ave, Memphis
$119,900
4 Beds ⋅ 2.1 Baths ⋅ 10233244 MLS
Full of character & opportunity, this 4-bedroom, 2.5-bath home offers plenty of room to spread out & is conveniently located near the University of Memphis! Beautiful hardwoods and new carpet add a fresh touch, while the generous bedroom count provides flexibility for a variety of living arrangements. Whether you're looking for a place to call home or your next investment, this property is perfect!

3118 Chisca Ave, Memphis
3607 Orange Blossom Ct, Memphis
$46,000
2 Beds ⋅ 2 Baths ⋅ 10233238 MLS
Great home or investment property. Well-maintained and ready to rent. Current tenants will be moving due to need for more space as family size has increased. Property is in great condition with no major repairs needed. Do not disturb tenants. No viewings until the property is under contract. Investor offers welcomed.

3607 Orange Blossom Ct, Memphis
2031 Central Ave, Memphis
$479,899
4 Beds ⋅ 2 Baths ⋅ 10233237 MLS
Classic Midtown charm meets thoughtful updates in a prime location! This inviting property offers flexibility for a future owner-occupant or an investor seeking rental income potential. Currently tenant-occupied on a month-to-month basis and generating income.

2031 Central Ave, Memphis
917 Pawnee Ave, Memphis
$72,500
3 Beds ⋅ 1 Baths ⋅ 10233234 MLS
Take a look! This 3 bed 1 bath home is ready for a new owner. It comes complete with central heating and air, a large private backyard, and plenty of space for a small family to enjoy. Investors are also welcome, as the home was previously rented for $950/mo. Call for your private showing today!

917 Pawnee Ave, Memphis
3981 Timber Trl, Memphis
$135,000
3 Beds ⋅ 2 Baths ⋅ 10233232 MLS
Cash Flowing home for sale! Any investor looking for a better than 1:1 ratio with an established tenant in Hickory Hill Area this home is ideal. Tenant is M2M and currently pays $1410 a month. Home professionally managed with ledger and maintenance records. Call listing agent for details. Do not disturb tenants. Access upon accepted offer.

3981 Timber Trl, Memphis
3926 E Christine Gardens Rd, Memphis
$139,000
4 Beds ⋅ 3 Baths ⋅ 10233231 MLS
Investor opportunity with strong potential for renovation and value-add. 4 bedroom 3 bath home with cosmetic updates needed. Property will be vacant at closing and features a roof installed in 2023, a 2-car garage, and a backyard storage shed. The interior and exterior will require updates, and the existing HVAC system is older and may need replacement. Property is being sold as-is. Showings are by appointment only. no wholesalers. Home will not go FHA, cash offers preferred.

3926 E Christine Gardens Rd, Memphis
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