7 Bedroom Multigenerational Homes for Sale in Memphis, TN Under $150K

There is 1 single family home for sale in Memphis, TN for $149,999, with 7 bedrooms and 3 bathrooms.

Cooper-Young is a historic arts district in Midtown Memphis, lined with early-twentieth-century bungalows and cottages on tree-shaded streets. Young Avenue draws people to its restaurants and shops, and the Mississippi River and the Downtown core lie a short drive west. Midtown's wide green spaces, including Overton Park, sit within easy reach of the neighborhood.

Daily life here is built around short trips. Downtown Memphis, with its Beale Street music scene and the Mississippi riverfront, is a quick drive west, and Overton Park and the Memphis Zoo make an easy weekend outing. Buyers should check school zoning for each address with Shelby County Schools, since assignments change across the city, and should have older electrical and plumbing systems inspected before buying.

1 home · starting from

$149,999

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Good to know

Buying in Memphis

The questions buyers ask us most about this collection.

Is Cooper-Young a good neighborhood for a multigenerational household?

Cooper-Young is a walkable historic district with a mix of older homes, sidewalks and nearby shops, which many families value. Larger older homes here are often laid out to hold separate living areas, so extended family members can share a house while keeping some privacy. Walking to neighborhood restaurants and shops is part of the daily appeal for households with grandparents or adult children.

How far is Cooper-Young from downtown Memphis?

Cooper-Young sits in Midtown, so downtown Memphis is a short drive west rather than a long commute. Many residents also reach the Mississippi riverfront and Beale Street without needing a highway. Traffic on the main roads can slow trips during rush hour, so buyers should test the drive at the times they will use it.

What should buyers check before buying an older home in Midtown Memphis?

Homes built in the early twentieth century often need updates to wiring, plumbing and foundations. A licensed home inspector familiar with older Memphis housing can point out issues that a standard inspection may miss. Buyers should also ask about any past renovations and whether permits were pulled for them.

Which school district serves the Cooper-Young area?

Public schools in this part of Memphis are run by Shelby County Schools. Assignments can differ from one address to the next, so families should confirm zoning directly with the district before making an offer. Charter and magnet options may also be available for some students.

What is there to do near Cooper-Young besides dining?

Overton Park is one of the largest green spaces in Midtown and includes the Memphis Zoo and the Brooks Museum of Art. Residents also use nearby trails and open lawns for weekend walks and picnics. The mix of parks and local shops gives the area a relaxed pace for everyday life.

Can homes in Midtown Memphis be converted for more than one household?

Many larger older homes in Midtown have floor plans that lend themselves to multiple living spaces. Any conversion or rental of rooms must follow Memphis zoning rules and building codes, so buyers should check with the city before planning changes. A local real estate professional or attorney can explain what is allowed on a specific street.