Homes for Sale in Memphis, TN with 3-Bedrooms under $200,000

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  /3

  $170,000

  • 3 Beds
  • 2 Baths
  • 1,365 Sq Ft

  3889 Birchmeadow Cove, Memphis, TN 38115

  INVESTERS ONLY!!! Hot investment opportunity. Tenant occupied 3bed 2bath home rented at $1370/mo. This could be a great addition to your rental portfolio. Professionally managed property by Renshaw. LEASE AND LEDGER AVAILABLE UPON REQUEST. No sign in the yard. Please do not disturb or approach the tenant. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Seller selling 2860 Castleman St, 3011 Christine Rd,

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3889 Birchmeadow Cove, Memphis, TN 38115
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  /18

  $140,000

  • 3 Beds
  • 1.5 Baths
  • 1,225 Sq Ft

  3300 Keystone Ave, Memphis, TN 38128

  Video Tour Online. Welcome home to this fully renovated 3BR / 1.5BA property in Fairfield Estates. Updates include new cabinets, new lighting fixtures, new carpet, new tile flooring, ceiling fans, new dishwasher, & an updated kitchen. The large den features exposed beamed ceilings, creating a warm & inviting space ideal for relaxing or entertaining. Ample living space, added storage, & a

  Lucille Wallace Integrated Assets

  3300 Keystone Ave, Memphis, TN 38128
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  /18

  $160,000

  • 3 Beds
  • 2 Baths
  • 1,422 Sq Ft

  3165 Hopkins Ave, Memphis, TN 38112

  Welcome to 3165 Hopkins Avenue in Memphis! This 3-bedroom, 2-bath home features hard-surface flooring throughout, a bright and spacious living area, and a modern kitchen with large shaker-style cabinets and space for appliances. Enjoy a large fenced backyard with additional storage—perfect for outdoor living. Central heating and air provide year-round comfort. Don’t miss out!

  James Wachob Foundation Property Management

  3165 Hopkins Ave, Memphis, TN 38112
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  /12

  $130,000

  • 3 Beds
  • 2 Baths
  • 1,292 Sq Ft

  3471 Gowan Dr, Memphis, TN 38127

  Welcome to 3471 Gowan Drive, Memphis, TN 38127! This charming 3-bedroom, 2-bath home combines comfort and style. Enjoy a bright, open living area with hard-surface flooring, a modern kitchen with large shaker-style cabinets and space for appliances, and a spacious fenced backyard perfect for entertaining. Additional features include a 2-car garage and central heat and air for year-round comfort.

  James Wachob Foundation Property Management

  3471 Gowan Dr, Memphis, TN 38127
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  /12

  $107,000

  • 3 Beds
  • 1 Bath
  • 816 Sq Ft

  396 W Holmes Rd, Memphis, TN 38109

  INVESTORS ONLY! Tenant occupied 3 bed 1 bath home. This could be a great addition to your rental portfolio. Seller also selling 396 W. Holmes, 356 Delta, 3461 Dagget, 693 Bonwood, and 4897 Southaven (Can buy in bulk or individually). No sign in the yard. Please do not disturb or approach the tenant. No Creative Or Owner Financed Offers. No Wholesale Or Assignment.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  396 W Holmes Rd, Memphis, TN 38109
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  /30

  $142,500

  • 3 Beds
  • 2 Baths
  • 1,923 Sq Ft

  4094 Auburn Rd, Memphis, TN 38116

  This charming brick ranch offers spacious one-level living with 3 bedrooms and 2 baths. The expansive living and dining areas provide flexibility for everyday living or entertaining. The bright kitchen features white cabinetry, ample counter space. Generously sized bedrooms include ample closet space. A dedicated laundry area and bonus storage room add convenience. Outside, the large, partially

  Alexis Martz Trelora Realty

  4094 Auburn Rd, Memphis, TN 38116
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  /9

  $169,500

  • 3 Beds
  • 2 Baths
  • 1,999 Sq Ft

  4947 Demeter Cove, Memphis, TN 38118

  MULTIPLE PROPERTY PORTFOLIO CAN ONLY BE BOUGHT IN BULK, TOTAL PRICE IS 436,900 Four investment properties available. Seller is seeking bulk offers. Investors only! 3218 Thirteen Colony Mall #1A -- 3 beds, 2.1 baths, currently rented at $895, lease expires 7/31/2026, recent repairs, in good condition, HOA is $225/mo. 1936 Frisco -- 3 beds, 1 bath, new roof and hvac in 2021, currently rented for

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4947 Demeter Cove, Memphis, TN 38118
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  /20

  $135,000

  • 3 Beds
  • 2 Baths
  • 1,125 Sq Ft

  835 Josephine St, Memphis, TN 38114

  This well-maintained 3-bedroom, 2 bath home is now available! Move In Ready for an owner occupant or an investment property! Recent updates include vinyl flooring, new doors, and upgraded plumbing and electrical systems. *Furnishings Virtually Staged

  Mia Atkinson eXp Realty, LLC

  835 Josephine St, Memphis, TN 38114
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  /30

  $189,000

  • 3 Beds
  • 2 Baths
  • 2,915 Sq Ft

  1057 Whitehaven Ln, Memphis, TN 38116

  Spacious 3-bedroom, 2-bath two-story home situated on a massive lot. Built in 1938, this property showcases distinctive architectural details from its era, offering character you don’t find in modern construction. Ample shed and storage space provide excellent functionality. A solid opportunity for investors or buyers seeking a starter home with room to grow. Gorgeous sun room!

  Amanda Kirkman KAIZEN Realty, LLC

  1057 Whitehaven Ln, Memphis, TN 38116
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  /12

  $145,000

  • 3 Beds
  • 1 Bath
  • 1,000 Sq Ft

  1711 Myrna Ln, Memphis, TN 38117

  Great rental or SFR, 3/1, hardwood floors, renovated 2 years ago with brand new roof, new electric panel, new appliances, cabinets, w/d, large fenced backyard, large screened back porch. Owner Agent.

  Pennie Heath Bluff City Realty Group, LLC

  1711 Myrna Ln, Memphis, TN 38117
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  /25

  $160,000

  • 3 Beds
  • 2 Baths
  • 1,270 Sq Ft

  3913 Oak Branch Cir E, Memphis, TN 38135

  Welcome to 3913 Oak Branch, a beautifully maintained home tucked away in 38135 with county tax only! This inviting residence offers a functional layout with comfortable living spaces designed for both everyday living and entertaining. The home features spacious bedrooms, ample closet storage, and a bright, open feel enhanced by natural light throughout. The kitchen provides generous cabinet and

  Eric Crutcher Doorstep Realty

  3913 Oak Branch Cir E, Memphis, TN 38135
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  /16

  $130,000

  • 3 Beds
  • 1 Bath
  • 911 Sq Ft

  3323 Henry Ave, Memphis, TN 38122

  Move in ready and thoughtfully updated, this charming home offers peace of mind with a five year roof and an HVAC system approximately six years old. Inside, the hardwood floors have been professionally refinished, restoring their natural beauty and warmth. Exterior improvements include all new siding, a welcoming front porch, and fresh interior and exterior paint that give the home a clean and

  Arath Luevano Fast Track Realty, LLC

  3323 Henry Ave, Memphis, TN 38122
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  /13

  $120,000

  • 3 Beds
  • 2 Baths
  • 1,196 Sq Ft

  1545 Oakwood St, Memphis, TN 38108

  Turnkey investment opportunity with immediate cash flow! This fully renovated 3-bedroom, 2-bath home is tenant occupied and currently generating $1,300 per month, offering strong returns from day one. With a list price of $120,000, this property exceeds the 1% rule, making it an attractive option for investors seeking solid ROI and positive cash flow. Renovated from the studs, updates include new

  Mark Wilson Coldwell Banker Collins-Maury

  1545 Oakwood St, Memphis, TN 38108
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  /2

  $110,000

  • 3 Beds
  • 1 Bath
  • 995 Sq Ft

  5163 Pickett Cove, Memphis, TN 38109

  1% CASH FLOW- RENT $995.00.- 3 BR 1 Bath home Rehabbed in late 2024- New roof, exterior paint, new floors, bathrooms, and kitchen, LVT and tile flooring, new condenser, new furnace, hot water heater, lighting, and fixtures. No owner finance or wholesalers. Inspection with accepted offer- DO NOT DISTURB TENANTS-

  Brett Bernard The Stamps Real Estate Company

  5163 Pickett Cove, Memphis, TN 38109
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  /18

  $175,000

  • 3 Beds
  • 2 Baths
  • 1,731 Sq Ft

  4463 Sandy Park Dr, Memphis, TN 38141

  Welcome to this charming, newly renovated throughout home located in the desirable Sandy Park community of Memphis. This property features a refreshed interior designed for comfortable, modern living with a functional layout and inviting spaces. Conveniently situated near shopping, dining, schools, and major roadways, it offers both accessibility and neighborhood appeal. Whether you’re a

  Michael Nix eXp Realty, LLC

  4463 Sandy Park Dr, Memphis, TN 38141
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  /3

  $170,000

  • 3 Beds
  • 2 Baths
  • 1,720 Sq Ft

  4395 Ann Arbor Ln, Memphis, TN 38128

  INVESTERS ONLY! Tenant occupied 3 bed 2 bath home. Rent is $1000/mo. Professionally managed. This is a great investment property to add to any portfolio. Lease and ledger available upon request. No Creative or Owner Financed Offers. No Wholesale or Assignment. No sign in the yard. Please do not disturb or approach the tenant. Seller also selling 599 Blackhawk, 4973 Longtree, and 80 E. Bodley (Can

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4395 Ann Arbor Ln, Memphis, TN 38128
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  /25

  $119,900

  • 3 Beds
  • 2 Baths
  • 1,524 Sq Ft

  3386 Hadley Rd, Memphis, TN 38111

  Move-In Ready and Full of Charm! Welcome to 3386 Hadley Rd, a beautifully refreshed 3-bedroom, 2-bath home that’s ready for its new owner. Step inside to discover a freshly painted interior with a clean, neutral color palette that complements any style and creates a bright, welcoming atmosphere. The home features attractive laminate flooring throughout, offering both durability and modern appeal.

  Ricky Cooper Realty Capital Management, LLC

  3386 Hadley Rd, Memphis, TN 38111
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  $149,500

  • 3 Beds
  • 2 Baths
  • 1,816 Sq Ft

  1114 Brownlee Rd, Memphis, TN 38116

  Investors or homeowners Welcome home to 1114 Brownlee Rd in the heart of Memphis! This charming 3-bedroom, 2-bath home has been freshly updated and is move-in ready. Step inside to find brand-new carpet and fresh paint throughout, creating a clean, bright, and inviting feel from the moment you enter. Enjoy relaxing mornings or evenings on the nice front porch, and take advantage of the large

  Ricky Cooper Realty Capital Management, LLC

  1114 Brownlee Rd, Memphis, TN 38116
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  /11

  $115,000

  • 3 Beds
  • 1 Bath
  • 1,260 Sq Ft

  3705 Suzanne Dr, Memphis, TN 38127

  Prime Investment Opportunity in Frayser, TN! This 3-bedroom, 1-bathroom brick home is a solid addition to any rental portfolio. Located in Frayser, this property offers strong rental potential and consistent cash flow opportunities. With its durable brick construction, low-maintenance exterior, and practical layout, this home is ideal for long-term returns. Property is sold AS-IS. Unit needs a

  James Johnson Crestcore Realty, LLC

  3705 Suzanne Dr, Memphis, TN 38127
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  /20

  $186,900

  • 3 Beds
  • 1 Bath
  • 1,281 Sq Ft

  5165 Sea Shore Rd, Memphis, TN 38109

  This beautiful home right by Robco Lake has been completely overhauled! The kitchen has been expanded and remodeled, with new cabinets & stone countertops in a contrasting black and white. The eat-in area of the kitchen sits by a glass patio door overlooking the backyard. The old carport entry has been expanded to a dedicated dining room as well, so there is a lot of social space here! All new

  Randall Weatherall Memphis Metro Realty

  5165 Sea Shore Rd, Memphis, TN 38109
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  /31

  $174,900

  • 3 Beds
  • 2 Baths
  • 1,481 Sq Ft

  3970 Patte Ann Dr, Memphis, TN 38116

  Great home close to Graceland, Memphis International Airport and all of the conveniences.

  Jason Cousar Southeast Investors, LLC

  3970 Patte Ann Dr, Memphis, TN 38116
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  /9

  $145,000

  • 3 Beds
  • 1.5 Baths
  • 1,127 Sq Ft

  5207 Breckenwood Dr, Memphis, TN 38127

  1% CASH FLOW- ONE YEAR BUILDER WARRANTY and TENANT PLACEMENT. MHA RENT $1500.- 3 BR 1.5 Bath home fully renovated- new roof, exterior paint, bathrooms and kitchen, new condenser, new furnace, hot water heater, lighting, and fixtures. Can be sold as a pkg with the following MLS listings: 10212251, 10212252, 10212253, 10212255. No owner finance or wholesalers. Home is currently vacant- contact

  Brett Bernard The Stamps Real Estate Company

  5207 Breckenwood Dr, Memphis, TN 38127
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  /9

  $100,000

  • 3 Beds
  • 1 Bath
  • 853 Sq Ft

  2961 Southwall Cove, Memphis, TN 38114

  Great opportunity for investors or buyers looking to add value! This property is being sold as-is and offers strong potential as a rental or renovation project. Conveniently located near major roads, shopping, and employment centers, this home provides easy access to everything Memphis has to offer. Whether you’re looking for a long-term rental, fix-and-hold, or flip opportunity, 2961 Southwall

  Alex Evans Reedy & Company, REALTORS

  2961 Southwall Cove, Memphis, TN 38114
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  /17

  $109,000

  • 3 Beds
  • 1 Bath
  • 1,039 Sq Ft

  1503 Swift St, Memphis, TN 38109

  MOTIVATED SELLER! Perfect for first-time buyers or empty nesters This gorgeous, renovated home is located within a ten-minute drive of downtown Memphis and West Memphis. This home offers new flooring throughout. The interior & exterior have been newly painted, and it features new cabinets, interior & exterior lighting, ceiling fans, and windows. The Seller will convert the shower to a bathtub at

  KaTrina Kelly-Isom 4 Success Realty, LLC

  1503 Swift St, Memphis, TN 38109
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  /30

  $115,000

  • 3 Beds
  • 1 Bath
  • 952 Sq Ft

  4566 Range Line Rd, Memphis, TN 38127

  1% CASH FLOW- ONE YEAR BUILDER WARRANTY! RENTED MHA $1150.00- 3 BR 1 Bath home fully renovated in 2025- New roof, exterior paint, new floors, bathrooms, and kitchen, LVT and tile flooring, new condenser, new furnace, hot water heater, lighting, and fixtures. Can be sold as a pkg with the following MLS listings: 10212251, 10212252, 10212253, 10212254. Some photos are staged. No owner finance or

  Brett Bernard The Stamps Real Estate Company

  4566 Range Line Rd, Memphis, TN 38127
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  /31

  $148,000

  • 3 Beds
  • 1 Bath
  • 990 Sq Ft

  3716 Ridgemont Rd, Memphis, TN 38128

  1% CASH FLOW- ONE YEAR BUILDER WARRANTY. RENTED MHA $1400.00/month- 3 BR 1 Bath home fully renovated in 2025- New roof, exterior paint, new floors, bathrooms and kitchen, LVT and tile flooring, new condenser, new furnace, hot water heater, lighting, and fixtures. Can be sold as a pkg with the following MLS listings: 10212252, 10212253, 10212254, 10212255. Some photos may be staged. No owner

  Brett Bernard The Stamps Real Estate Company

  3716 Ridgemont Rd, Memphis, TN 38128
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  /8

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,243 Sq Ft

  3969 N Trezevant St, Memphis, TN 38127

  INVESTORS ONLY – TURNKEY CASH FLOW! Solid 3-bedroom, 1-bath brick property generating $995/month in rental income with a long-term, reliable tenant in place. Lease renewed through 10/31/2026, with a proven on-time payment history since 2017. Low-maintenance brick exterior, spacious eat-in kitchen, comfortable living room, three well-sized bedrooms, and desirable corner lot. Professionally managed

  Jeremy Veldman KAIZEN Realty, LLC

  3969 N Trezevant St, Memphis, TN 38127
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  /23

  $169,800

  • 3 Beds
  • 1 Bath
  • 1,255 Sq Ft

  3753 Friar Tuck Rd, Memphis, TN 38111

  Investors, first time homebuyers.... Great opportunity to own a move in ready house at such a great price! Freshly painted and in truly move in condition! Beautiful hardwood floors, wood blinds throughout, updated kitchen and bath. Updates include new HVAC in 2022, H2O tank 2022, Blown Insulation 2024. Minutes to the University of Memphis. Quiet street tucked in the middle of Sherwood Forest

  Alison Restivo The Restivo Group, REALTORS

  3753 Friar Tuck Rd, Memphis, TN 38111
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  /13

  $144,900

  • 3 Beds
  • 2.5 Baths
  • 1,574 Sq Ft

  443 N Highland St Unit 2, Memphis, TN 38122

  Discover a great opportunity in East Memphis. This 3 bedroom, 2.5 bath unit at 443 Highland St Apt 2 is being sold as-is and is ready for your updates and personal touch. Located within 10 minutes from the Liberty Bowl, U of M, and Cooper-Young, this property offers unbeatable convenience. Perfect for anyone looking to add instant equity. Don’t miss it!

  Joshua Moss KAIZEN Realty, LLC

  443 N Highland St Unit 2, Memphis, TN 38122
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  /22

  $110,000

  • 3 Beds
  • 2 Baths
  • 1,072 Sq Ft

  1662 Monsarrat St, Memphis, TN 38109

  INVESTORS ONLY! Tenant occupied property being marketed to investors. This home could be a wonderful addition to your portfolio. Home was substantially renovated in 2022 with a new HVAC system and several other upgrades in Spring 2025 and is currently rented at $1075 per month. This property is professionally managed (lease, ledger, repair history available upon request). Very good price for a 3

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1662 Monsarrat St, Memphis, TN 38109
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  /24

  $169,900

  • 3 Beds
  • 3 Baths
  • 1,876 Sq Ft

  475 N Highland St Unit 3F, Memphis, TN 38122

  Motivated out-of-town owner will consider any reasonable offer! Experience high-rise living in this spacious 3-bedroom, 3-bath condo featuring three private balconies with stunning views. The open layout offers generous living space, ideal for both everyday comfort and entertaining. Residents enjoy 24-hour security, an outdoor swimming pool, grilling area, party room with full kitchen, fitness

  Brad Beall Crye-Leike, Inc., REALTORS

  475 N Highland St Unit 3F, Memphis, TN 38122
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  /26

  $154,900

  • 3 Beds
  • 2 Baths
  • 1,385 Sq Ft

  3780 Joest Dr, Memphis, TN 38127

  Welcome to 3780 Joest Dr, Memphis, TN—a beautifully newly renovated 3 bedroom, 2 bathroom home offering modern finishes and move-in ready comfort. Enjoy luxury vinyl plank flooring throughout, creating a seamless and stylish look. Both bathrooms have been fully updated with all-new shower tile, floor tile, and modern vanities. The kitchen shines with brand-new cabinets, granite countertops, and

  Joshua Moss KAIZEN Realty, LLC

  3780 Joest Dr, Memphis, TN 38127
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  /5

  $100,000

  • 3 Beds
  • 2 Baths
  • 984 Sq Ft

  1353 Gill Ave, Memphis, TN 38106

  There is additional home on the property with 1bed/1bath kitchenette and living room.

  Donita Ingram-Brim Doorstep Realty

  1353 Gill Ave, Memphis, TN 38106
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  /4

  $100,000

  • 3 Beds
  • 2 Baths
  • 1,625 Sq Ft

  1407 Gill Ave, Memphis, TN 38106

  This is a nice brick 3bed/2ba home rare in this neighborhood. Must come and see. Neighborhood appears to be going through revitalization.

  Donita Ingram-Brim Doorstep Realty

  1407 Gill Ave, Memphis, TN 38106
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  /15

  $146,500

  • 3 Beds
  • 1.5 Baths
  • 1,113 Sq Ft

  3687 Bedford Ln, Memphis, TN 38118

  Welcome to this impeccably maintained, move-in ready home—an ideal opportunity for first-time buyers and savvy investors alike. This charming residence features 3 bedrooms and 1.5 baths, offering ample space for comfortable living. Enjoy a large living and dining room combo, perfect for entertaining or relaxing evenings at home. The kitchen and baths are finished with large-format tile, while

  Bryant Smith The Professional Agency

  3687 Bedford Ln, Memphis, TN 38118
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  /14

  $124,900

  • 3 Beds
  • 1 Bath
  • 993 Sq Ft

  5083 Carterville Place, Memphis, TN 38127

  Charming 3 bedroom 1 bath renovated home in Northaven, great for owner occupant or investor, Move-in ready! New roof in 2024. Freshly painted, new light fixtures, and check out the kitchen! House is vacant, no curtains/rods/decor or furniture. There are some photos here that have been virtually staged. This home qualifies for special 100% financing for owner occupant buyers so call Saprina Bowman

  Saprina Bowman Crye-Leike, Inc., REALTORS

  5083 Carterville Place, Memphis, TN 38127
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  /23

  $117,500

  • 3 Beds
  • 2.5 Baths
  • 1,680 Sq Ft

  5955 Ponderosa Pine Trail Unit 83, Memphis, TN 38115

  Price Improvement!! Motivated Seller!! Move-in ready and full of charm, this spacious 3-bedroom, 2.5-bath town home offers comfort, style, and convenience in a desirable location. The inviting great room features a cozy fireplace, creating the perfect focal point for relaxing evenings or entertaining guests. The functional floor plan provides generous living space with excellent flow between the

  Sherry Cole John Green & Co., REALTORS

  5955 Ponderosa Pine Trail Unit 83, Memphis, TN 38115
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  /15

  $179,900

  • 3 Beds
  • 2 Baths
  • 1,430 Sq Ft

  6379 S Fawn Hollow Cir, Memphis, TN 38141

  Fantastic investment opportunity in the Shelby area. This 3br/2 bath single-family home is in the 38141 area. Cash flowing with a monthly rental amount of $1,500/month. The lease ends on 2/28/2027. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  6379 S Fawn Hollow Cir, Memphis, TN 38141
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  /3

  $140,000

  • 3 Beds
  • 1.5 Baths
  • 1,024 Sq Ft

  936 Olympic St, Memphis, TN 38107

  936 Olympic is a beautifully renovated 3-bedroom, 1.1-bath home that’s move-in ready for its next owner! This home features hardwood floors throughout and modern updates, including granite countertops and a functional layout perfect for everyday living. The primary bedroom includes a convenient half bath with washer and dryer connections, adding extra comfort and practicality. This property is

  Tonja Pryor Assured Real Estate Services

  936 Olympic St, Memphis, TN 38107
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  /13

  $115,000

  • 3 Beds
  • 2.5 Baths
  • 1,462 Sq Ft

  179 Honduras Dr, Memphis, TN 38109

  WOW! $30,000 PRICE REDUCTION! Welcome to your future haven in the heart of Whitehaven, Memphis! This delightful 3-bedroom, 2.5-bathroom home offers an inviting escape for modern living. With 1,462 square feet of thoughtfully designed space above ground, plus a versatile basement waiting for your personal touch, this residence perfectly blends comfort and potential.

  Corey Seymore Crye-Leike, Inc., REALTORS

  179 Honduras Dr, Memphis, TN 38109

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