38104 Homes under $300,000

Welcome to the vibrant and eclectic neighborhood of 38104, nestled in the heart of Memphis, Tennessee! This zip code is a treasure trove of rich culture, historic charm, and community spirit, making it a perfect place for those seeking a dynamic lifestyle without breaking the bank.

In 38104, you’ll find a delightful mix of architectural styles, from charming bungalows to modern townhouses, all reflecting the area's unique character. The best part? Many of these homes are available for under $300,000, making it an ideal market for first-time homebuyers, young professionals, and families looking to settle down in a thriving community.

Living in 38104 means embracing the Memphis way of life. With its close proximity to downtown, residents enjoy easy access to a variety of dining, shopping, and entertainment options. Explore the local art scene, indulge in mouthwatering Southern cuisine, or take a leisurely stroll along the picturesque streets lined with lush trees and friendly neighbors.

Nature lovers will appreciate the nearby parks and green spaces, perfect for weekend picnics or morning jogs. Plus, the community is known for its vibrant events and festivals that celebrate the rich cultural heritage of Memphis, bringing residents together in a spirit of camaraderie and fun.

So whether you're looking for your first home or a cozy retreat in a lively urban setting, 38104 offers an array of affordable options that cater to all lifestyles. Come discover what makes this neighborhood so special and find your dream home today!

Newest 38104 Homes under $300,000

$225,000

2 Beds ⋅ 1 Baths ⋅ 3612165 MLS ⋅ ACTIVE Status ⋅ 0.13 Acres ⋅ 38104 Zip Code

If you think you've seen it, think again! Extensive repairs (call for more info) and a fresh new look with new hardwoods throughout most of the home! Charming, corner lot bungalow in Cooper Young, just a stone's throw from your favorite hangouts! Curl up on the porch swing with a book in hand or mosey around the corner for some live music, this home offers both quiet living and the ability to keep a pulse on the action. Kitchen features SS appliances, generous cabinet and counter space, and tons of natural light. Renovated bathroom with plumbing in place for a tub. 10' ceilings throughout. Fresh interior paint. HVAC replaced in 2021. Den has a door and a closet and could easily be a 3rd bedroom. Cute already but still teeming with potential, this one has a proven track record as a rental and would be great for owner occupants and investors alike! Quick possession possible. Some pictures have been digitally staged to provide inspiration.

1016 S Cox St, Memphis

$72,500

2 Beds ⋅ 1 Baths ⋅ 3598481 MLS ⋅ ACTIVE Status ⋅ 0.03 Acres ⋅ 38104 Zip Code

Attention Investors! This cash-flowing renovated condo is currently rented for $975/mo through 06/30/2027. Professionally managed. CASH-FLOWING PACKAGE OPPORTUNITY! Can be sold with: 108 N Belvedere Blvd #12 &#18 for $72,500 each, both medium term rentals generating approx $1500/mo. each & furnished; 45 N Belvedere #108 for $32,500 w/ tenant on a month-to-month lease paying $550 per month; and 105 N Belvedere #6, a vacant 2 bedroom unit with in-unit laundry listed for $52,500. Monthly maintenance on each unit is $162 and includes some utilities.

108 N Belvedere Blvd Unit 22, Memphis

$52,500

2 Beds ⋅ 1 Baths ⋅ 3598473 MLS ⋅ ACTIVE Status ⋅ 0.04 Acres ⋅ 38104 Zip Code

Awesome opportunity in Midtown for an investor or owner occupant! This second-story condo features gas cooking and in-unit washer and dryer. For those looking for an investment property, this unit was previously rented for $1,075 per month. PACKAGE OPPORTUNITY! Seller would consider selling with: 45 N Belvedere #108, tenant occupied paying $550 per month on a month-to-month lease listed for $32,500; 108 N Belvedere #12 and #18, MTRs generating ~$1500/mo EACH, listed for $72,500 EACH; 108 N Belvedere #22, professionally managed & rented for $975/mo through 6/30/2027, listed for $72,500. Monthly maintenance for all units is $162 and includes some utilities.

105 N Belvedere Blvd Unit 6, Memphis

$199,999

3 Beds ⋅ 1 Baths ⋅ 3593494 MLS ⋅ ACTIVE Status ⋅ 0.2 Acres ⋅ 38104 Zip Code

Home completed updated! Set your appointment for your new home or next investment property. Close to downtown and all colleges/universities. This would make a great home for first-time buyers or college students.

1251 Lamar Ave, Memphis

$260,000

4 Beds ⋅ 2 Baths ⋅ 3511183 MLS ⋅ ACTIVE Status ⋅ 0.173 Acres ⋅ 38104 Zip Code

Investor Opportunity! Spacious property offering exceptional upside. Ideal for a fix-and-flip or rental with strong equity potential. Sold as-is. Don't miss this high-value investment opportunity!

1945 Nelson Ave, Memphis

$107,500

3 Beds ⋅ 1 Baths ⋅ 3068060 MLS ⋅ COMING SOON Status ⋅ 0.21 Acres ⋅ 38104 Zip Code

Make this home your project. Complete rehab needed. AS-IS

1251 Lamar Ave, Memphis

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.

38104 Homes under $300,000

Newest 38104 Homes under $300,000

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