GRACELAND Homes under $250,000

GRACELAND Homes under $250,000

Welcome to Graceland, a charming subdivision nestled in the heart of Memphis, Tennessee, within the vibrant Shelby County. This delightful community offers a unique blend of Southern charm and modern convenience, making it an ideal place for families, first-time homebuyers, and anyone looking to enjoy the rich culture of Memphis.

One of the standout features of Graceland is its affordability. With homes available for under $250,000, this subdivision provides an excellent opportunity for those looking to invest in their first home or downsize without compromising on quality. The homes in Graceland boast a variety of styles, from cozy cottages to spacious family residences, ensuring that there is something to suit every taste and lifestyle.

Living in Graceland means you are just a stone's throw away from the iconic attractions that Memphis is famous for. Enjoy a leisurely stroll through the nearby parks, explore local shops, or indulge in the delectable cuisine that the city has to offer. With easy access to major highways, commuting to downtown Memphis or other parts of the city is a breeze, making Graceland a convenient choice for professionals and families alike.

In addition to its prime location and affordable housing, Graceland fosters a strong sense of community. Neighbors become friends, and families create lasting memories in this welcoming environment. Whether you’re hosting a barbecue in your backyard or joining a neighborhood event, you’ll find that life in Graceland is filled with warmth and camaraderie.

Discover the charm and affordability of Graceland today – your dream home awaits!

Newest GRACELAND Homes under $250,000

1311 Randall Dr, Memphis
$165,000
3 Beds ⋅ 2 Baths ⋅ 10232132 MLS
Great Opportunity in Whitehaven! Freshly painted, hardwood floors, corner lot, 3 bedrooms, 2 baths! Call today!

1311 Randall Dr, Memphis

Listing courtesy of REI Nation Real Estate Service.

4056 Hermitage Dr, Memphis
$144,000
3 Beds ⋅ 2 Baths ⋅ 10231964 MLS
MORE THAN HALF AN ACRE. ONE LEVEL. PLENTY OF POSSIBILITIES! Discover 4056 Hermitage Drive, a three-bedroom home offering classic character and room to spread out. Separate living, dining, and breakfast rooms provide space for everyday meals, gatherings, and relaxing evenings. Hardwood flooring in portions of the home adds warmth, while a kitchen pantry keeps essentials close at hand. Enjoy a level .57-acre lot with trees, chain-link fencing, a two car carport. Space inside, space outside, and an opportunity to make it your own—schedule your showing today!

4056 Hermitage Dr, Memphis

Listing courtesy of Bespoke Realty.

1586 E Raines Rd, Memphis
$249,000
3 Beds ⋅ 2.2 Baths ⋅ 10231749 MLS
Nice spacious home to add to your portfolio or with minor upgrades/repairs make it move-in ready. Nice size rooms, F/P in Den, separate DR, three bedrooms and two full baths with a jack & jill bath. Two car carport and nice fenced back yard. Corner Lot with Big front Yard. "SOLD AS IS - NO WARRANTY". Presently being rented month to month. Do Not Disturb Tenants. No showings without an acceptable contract. Email offers to: ermawill@bellsouth.net. EM to be held at Stanley & Rainey, PC. Call Agent for additional information.

1586 E Raines Rd, Memphis

Listing courtesy of Crye-Leike, Inc., REALTORS.

3759 Maulden Dr, Memphis
$180,000
3 Beds ⋅ 2 Baths ⋅ 10231411 MLS
This 3-bedroom, 2-bath home offers a comfortable and functional layout with spacious living areas and a kitchen designed for everyday living. The bedrooms provide comfortable space, while the overall layout offers plenty of potential to make the home your own. Whether you’re looking for a place to call home or an opportunity to add your personal touches, this property is worth a look. The seller is offering a 1-year home warranty with an acceptable offer. Schedule your showing today!

3759 Maulden Dr, Memphis

Listing courtesy of Crye-Leike, Inc., REALTORS.

3970 Patte Ann Dr, Memphis
$174,900
3 Beds ⋅ 2 Baths ⋅ 10231037 MLS
Great home close to Graceland, Memphis International Airport and all of the conveniences.

3970 Patte Ann Dr, Memphis

Listing courtesy of Southeast Investors, LLC.

4064 Hermitage Dr, Memphis
$130,000
3 Beds ⋅ 1.1 Baths ⋅ 10228485 MLS
3 bedroom, 1 and a half bath home in the Graceland area that has been updated throughout. Porch, fenced yard, and 1 car carport.

4064 Hermitage Dr, Memphis

Listing courtesy of eXp Realty, LLC.

1479 Old Hickory Rd, Memphis
$139,900
3 Beds ⋅ 2 Baths ⋅ 10226683 MLS
Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No wholesaler or assignment of contract offers will be accepted.

1479 Old Hickory Rd, Memphis

Listing courtesy of CrestCore Realty MphsBrokerage.

1403 Old Hickory Rd, Memphis
$129,900
3 Beds ⋅ 2.1 Baths ⋅ 10222699 MLS
Charming single-story ranch home located in the established Whitehaven neighborhood of Memphis. Spanning 2,139 square feet, this residence features a classic layout with 3 bedrooms and 2 full bathrooms. Outside, the property sits on a spacious, level lot measuring over half an acre with mature trees, a driveway pad, and an attached carport. This home is being Sold AS-IS.

1403 Old Hickory Rd, Memphis

Listing courtesy of Trelora Realty.

3639 Huckleberry St, Memphis
$248,500
4 Beds ⋅ 2.1 Baths ⋅ 10222362 MLS
ONLY$2500 total move in is all you need to close this deal. Must hurry before money is all gone. You do not need to be a first time homebuyer. You can verify with my lender. Loan application in the documents. Now you can own your own 4 bedroom home in the quiet area of Whitehaven .That’s right ONLY $2500 TOTAL MOVE IN COSTS. LETS GET MOVED IN BEFORE THANKGIVING.

3639 Huckleberry St, Memphis

Listing courtesy of The Peyton Co., Inc., REALTORS.

3612 Hazelhedge Dr, Memphis
$229,500
4 Beds ⋅ 3 Baths ⋅ 10215096 MLS
Cash-flowing 2025 fully renovated property with government-backed income stream! This tenant-occupied home is currently rented at $1,839 per month, with most of the payment secured through the Section 8 program — a major strength for investors seeking consistent and predictable returns. Immediate income, established tenancy, and minimal downtime risk make this a smart portfolio addition. Opportunities like this don’t last long! Improvements include a new HVAC system, new gas water heater, new security doors, new roof, fully renovated kitchen, fully renovated bathrooms, and more!

3612 Hazelhedge Dr, Memphis

Listing courtesy of Marathon REALTORS, LLC.

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