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

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  • /2

    $171,570

    • 3 Beds
    • 1 Bath
    • 2,000 Sq Ft

    2050 Tant Rd, Memphis, TN 38128

    Renovated rental property with an active lease in place. Currently leased at $1,200 with a lease expiration of 3/31/26. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 660-4206

    2050 Tant Rd, Memphis, TN 38128
  • /2

    $120,400

    • 3 Beds
    • 1 Bath
    • 853 Sq Ft

    2575 Dakar Ave, Memphis, TN 38127

    Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

    Agent Photo

    Patrice Williams-Wooten

    Keller Williams

    (901) 445-9050

    2575 Dakar Ave, Memphis, TN 38127
  • /2

    $120,400

    • 3 Beds
    • 1 Bath
    • 854 Sq Ft

    4623 Sunnybrook St, Memphis, TN 38127

    Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

    Agent Photo

    Patrice Williams-Wooten

    Keller Williams

    (901) 554-4971

    4623 Sunnybrook St, Memphis, TN 38127
  • /2

    $120,400

    • 3 Beds
    • 1 Bath
    • 842 Sq Ft

    4464 Range Line Rd, Memphis, TN 38127

    Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

    Agent Photo

    Patrice Williams-Wooten

    Keller Williams

    (901) 675-6625

    4464 Range Line Rd, Memphis, TN 38127
  • /2

    $120,400

    • 3 Beds
    • 1 Bath
    • 852 Sq Ft

    4511 Range Line Rd, Memphis, TN 38127

    Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal, bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

    Agent Photo

    Patrice Williams-Wooten

    Keller Williams

    (901) 582-8643

    4511 Range Line Rd, Memphis, TN 38127
  • /2

    $120,400

    • 3 Beds
    • 1 Bath
    • 853 Sq Ft

    4537 Suncrest Dr, Memphis, TN 38127

    Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

    Agent Photo

    Patrice Williams-Wooten

    Keller Williams

    (901) 668-8883

    4537 Suncrest Dr, Memphis, TN 38127
  • /2

    $120,400

    • 3 Beds
    • 1 Bath
    • 854 Sq Ft

    4511 Beacon Hill Dr, Memphis, TN 38127

    Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

    Agent Photo

    Patrice Williams-Wooten

    Keller Williams

    (901) 675-6020

    4511 Beacon Hill Dr, Memphis, TN 38127
  • /2

    $120,400

    • 3 Beds
    • 1 Bath
    • 852 Sq Ft

    4485 Beacon Hill Dr, Memphis, TN 38127

    Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

    Agent Photo

    Patrice Williams-Wooten

    Keller Williams

    (901) 657-6692

    4485 Beacon Hill Dr, Memphis, TN 38127
  • /2

    $120,400

    • 3 Beds
    • 1 Bath
    • 852 Sq Ft

    4520 Beacon Hill Dr, Memphis, TN 38127

    Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

    Agent Photo

    Patrice Williams-Wooten

    Keller Williams

    (901) 673-2937

    4520 Beacon Hill Dr, Memphis, TN 38127
  • /2

    $120,400

    • 3 Beds
    • 1 Bath
    • 1,138 Sq Ft

    4494 Beacon Hill Cove, Memphis, TN 38127

    Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

    Agent Photo

    Patrice Williams-Wooten

    Keller Williams

    (901) 621-5730

    4494 Beacon Hill Cove, Memphis, TN 38127
  • /2

    $120,400

    • 3 Beds
    • 1 Bath
    • 856 Sq Ft

    4502 Beacon Hill Cove, Memphis, TN 38127

    Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

    Agent Photo

    Patrice Williams-Wooten

    Keller Williams

    (901) 660-9585

    4502 Beacon Hill Cove, Memphis, TN 38127
  • /2

    $114,000

    • 3 Beds
    • 1 Bath
    • 1,200+ Sq Ft

    828 Floyd Ave, Memphis, TN 38127

    Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $875/mo. Professionally managed. Lease expires on 4/1/2027.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 902-5053

    828 Floyd Ave, Memphis, TN 38127
  • /2

    $102,750

    • 3 Beds
    • 1 Bath
    • 1,000+ Sq Ft

    1030 Floyd Ave, Memphis, TN 38127

    Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $950/mo. Professionally managed. Lease expires on 1/30/26

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 669-4348

    1030 Floyd Ave, Memphis, TN 38127
  • /2

    $100,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    3553 Randolph St, Memphis, TN 38127

    Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $850/mo. Professionally managed. Lease expires on 12/31/25

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 763-6496

    3553 Randolph St, Memphis, TN 38127
  • /2

    $113,000

    • 3 Beds
    • 1 Bath
    • 1,000+ Sq Ft

    646 Semple Ave, Memphis, TN 38127

    Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $850/mo. Professionally managed. Lease expires on 12/31/25.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 617-7502

    646 Semple Ave, Memphis, TN 38127
  • /2

    $104,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    3633 Early St, Memphis, TN 38127

    Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $725/mo. Professionally managed. Lease expires on 8/30/25

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 617-7953

    3633 Early St, Memphis, TN 38127
  • /2

    $175,205

    • 3 Beds
    • 2 Baths
    • 1,600+ Sq Ft

    6656 Millgrove Park Dr, Memphis, TN 38135

    Listing Agent has not entered this property. Property occupied by unaffiliated parties. No showings or access whatsoever while listed. Seller will only consider all cash offers with no contingencies. Property will be sold occupied. No Buyer Inspections or contract with occupants at any time.

    Agent Photo

    Matthew Ford

    The Carter Group LLC, REALTORS

    (901) 808-7134

    6656 Millgrove Park Dr, Memphis, TN 38135
  • /15

    $115,000

    • 3 Beds
    • 1 Bath
    • 1,402 Sq Ft

    599 Lester St, Memphis, TN 38112

    FIXER UPPER – COMMERCIAL ZONING in 38112! 3BR/1BA home with strong investment potential. Property is being sold with an additional .137-acre adjacent parcel—totaling approx. .274 acres, offering great opportunity for investors or builders to redevelop, expand, or create their own vision. Property sits across from a football field with endless potential. Property is being sold AS-IS. No blind

    Agent Photo

    Katrina Smith

    Keller Williams

    (901) 698-8379

    599 Lester St, Memphis, TN 38112
  • /31

    $195,000

    • 3 Beds
    • 2 Baths
    • 1,821 Sq Ft

    6128 Raintree Dr, Memphis, TN 38115

    Renovated 3 bedroom 2 bath home in Ridgeway Estates. Ridgeway Estates boasts a prime location with easy access to major highways like Interstates 40, 69, 55, 240, and 269. with nearby parks and recreational facilities available.

    Agent Photo

    Jason Miller

    eXp Realty, LLC

    (901) 621-5815

    6128 Raintree Dr, Memphis, TN 38115
  • /19

    $155,000

    • 3 Beds
    • 2 Baths
    • 1,404 Sq Ft

    4253 Cottonwood Rd, Memphis, TN 38118

    Great opportunity for homeowners or investors! This vacant property is move-in ready and offers strong potential as a primary residence or rental investment. Conveniently located with easy access to shopping, dining, and major roadways. Whether you’re looking for your next home or a property to add to your portfolio, this one is worth a look. Schedule your showing today!

    Agent Photo

    Blake Clothier

    Premier Realty Group, LLC

    (901) 899-6659

    4253 Cottonwood Rd, Memphis, TN 38118
  • /26

    $155,000

    • 3 Beds
    • 1.5 Baths
    • 1,056 Sq Ft

    4193 Riche Rd, Memphis, TN 38128

    This inviting 3-bedroom, 1.5-bathroom residence offers comfortable living in a quiet, low-traffic neighborhood. Beautiful hardwood floors flow throughout the home, complementing the spacious living room, formal dining room, and eat-in kitchen. The kitchen and full bathroom have been refreshed with new LVT flooring, cabinets, and countertops for a modern, low-maintenance feel. Enjoy a newer roof

    Agent Photo

    Daniel Johnson

    SimpliHOM

    (901) 668-8460

    4193 Riche Rd, Memphis, TN 38128
  • /23

    $160,000

    • 3 Beds
    • 2 Baths
    • 1,205 Sq Ft

    4575 Buffer Dr, Memphis, TN 38128

    Welcome home. This cozy 3 bed, 2 bath home is an awesome investment property The living room features high vaulted ceilings with a fireplace as the center piece, and has access to the covered patio. It features central heating and air, plus ceiling fans in each room, LVP flooring throughout, updated bathrooms, a pantry in the kitchen, a breakfast bar, and a nice sized shed in the fenced in back

    Agent Photo

    Haydn Wiseman

    Cahltrep Realty, LLC

    (901) 660-9808

    4575 Buffer Dr, Memphis, TN 38128
  • /16

    $109,901

    • 3 Beds
    • 1 Bath
    • 918 Sq Ft

    2877 Brewer Ave, Memphis, TN 38114

    Remodeled Memphis micro-mansion paying rent. Proof good things come in small, profitable packages. Special financing for first time investors available with 20% down, ask broker for details.

    Agent Photo

    Pablo Pereyra

    901, REALTORS

    (901) 716-9604

    2877 Brewer Ave, Memphis, TN 38114
  • /14

    $115,000

    • 3 Beds
    • 1 Bath
    • 900 Sq Ft

    3290 Valley Stream Cove, Memphis, TN 38128

    Very solid investment opportunity in 38128! Completely renovated in 2024 prior to tenant move-in! TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Property is rented for $1,150/month & the lease expires 1/1/2027. Section 8 tenant. Copy of the lease available upon request. No showings without an accepted contract. Make offers contingent on inspection. Listing photos & video taken after

    Agent Photo

    Jordan Ray

    eXp Realty, LLC

    (901) 563-3598

    3290 Valley Stream Cove, Memphis, TN 38128
  • /26

    $165,000

    • 3 Beds
    • 2 Baths
    • 1,934 Sq Ft

    4428 Namur Cove, Memphis, TN 38109

    VERY MOTIVATED SELLER !! SELLERS WILLING TO PAY $5000.00 TOWARDS BUYER'S CLOSING COSTS. Charming and well maintained 3 Bedroom 2 Bath home situated in quiet cove: Located in a well established neighborhood with many long time residents, this offer offers a warm blend of character and comfort. Inside you will find a formal Living Room and Dining room as well as a sizable Den featuring fireplace

    Agent Photo

    Darcus Payne

    Keller Williams

    (901) 668-5336

    4428 Namur Cove, Memphis, TN 38109
  • /9

    $100,000

    • 3 Beds
    • 1 Bath
    • 1,024 Sq Ft

    3421 Piney Woods Ave, Memphis, TN 38118

    3 bedroom 1 bath home in East Whitehaven Park being sold as-is. 10 min from the Memphis internation Airport and FedEx. 15 min from Graceland. Solid bones, needs TLC.

    Agent Photo

    Jason Miller

    eXp Realty, LLC

    (901) 668-6751

    3421 Piney Woods Ave, Memphis, TN 38118
  • /14

    $123,500

    • 3 Beds
    • 1 Bath
    • 1,372 Sq Ft

    385 Walker Ave, Memphis, TN 38126

    NEW ROOF, Electrical Panel, Wiring and plumbing ! New Flooring and Interior and Exterior Paint! Huge Windows and craftsman trip showcase this beautiful home located behind an Elementary School. Perfect Brrrr/ Flip Opportunity ! Addition unit boasts an oversize Utility/Laundry room. This is the perfect opportunity for contractor-savvy investors looking to step into an almost completed project.

    Agent Photo

    Allison Brents

    901, REALTORS

    (901) 910-0186

    385 Walker Ave, Memphis, TN 38126
  • /4

    $124,900

    • 3 Beds
    • 2 Baths
    • 1,066 Sq Ft

    804 Keel Ave, Memphis, TN 38107

    804 Keel Ave, Memphis, TN Turnkey in Memphis priced at $124,900. This tenant-occupied property is currently renting for $1,175 per month , providing immediate cash flow for investors. Ideal for buy-and-hold investors seeking steady income in the Memphis rental market. Do not disturb tenant. Showings upon accepted offer only.

    Agent Photo

    Austin Hall

    Evernest Too, LLC

    (901) 295-4642

    804 Keel Ave, Memphis, TN 38107
  • /20

    $162,000

    • 3 Beds
    • 1.5 Baths
    • 1,293 Sq Ft

    2869 Dumbarton Oaks Dr, Memphis, TN 38127

    Enjoy lake living in a peaceful community where you can fish or boat daily. This home has been completely renovated and features a modern kitchen with stone countertops. Marble finish tile gives an elegant and modern look to the space. There are two living spaces, allowing flexibility for using this home to accommodate your needs. The bathrooms have been handsomely renovated and this home is like

    Agent Photo

    Meleah Thurmond-Edwards

    KAIZEN Realty, LLC

    (901) 675-6716

    2869 Dumbarton Oaks Dr, Memphis, TN 38127
  • /19

    $120,000

    • 3 Beds
    • 1 Bath
    • 1,000+ Sq Ft

    1100 Rozelle St, Memphis, TN 38106

    Tenant in place at $995 until 12/26/26. This fully renovated 3-bedroom, 1-bathroom home is the perfect addition to your portfolio. With all the heavy lifting already done, this property is ready to generate immediate cash flow or serve as a low-maintenance, long-term hold. Recent updates include brand-new flooring, fresh paint, modern fixtures, a completely updated kitchen with new appliances,

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 445-8139

    1100 Rozelle St, Memphis, TN 38106
  • /2

    $169,000

    • 3 Beds
    • 2 Baths
    • 1,260 Sq Ft

    873 Biggs St, Memphis, TN 38108

    Renovated rental property with an active lease in place. Currently leased at $1000 month to month. No creative finance offers.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 403-7656

    873 Biggs St, Memphis, TN 38108
  • /2

    $159,000

    • 3 Beds
    • 1 Bath
    • 1,344 Sq Ft

    683 Hudson St, Memphis, TN 38112

    Renovated rental property with an active lease in place. Currently leased at $975 month to month. No creative finance offers.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 716-7547

    683 Hudson St, Memphis, TN 38112
  • /2

    $179,550

    • 3 Beds
    • 1 Bath
    • 1,548 Sq Ft

    3570 Faxon Ave, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $980 month to month. No creative finance offers.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 660-8845

    3570 Faxon Ave, Memphis, TN 38122
  • /2

    $159,000

    • 3 Beds
    • 1.5 Baths
    • 1,001 Sq Ft

    1481 Stacey St, Memphis, TN 38108

    Renovated rental property with an active lease in place. Currently leased at $860 month to month. No creative finance offers.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 621-4629

    1481 Stacey St, Memphis, TN 38108
  • /2

    $149,000

    • 3 Beds
    • 1 Bath
    • 1,031 Sq Ft

    3601 Mayfair Ave, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $800 month to month. No creative finance offers.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 716-9084

    3601 Mayfair Ave, Memphis, TN 38122
  • /2

    $145,000

    • 3 Beds
    • 1 Bath
    • 921 Sq Ft

    1327 Victor Dr, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $1,100 month to month. No creative finance offers.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 660-3625

    1327 Victor Dr, Memphis, TN 38122
  • /2

    $166,250

    • 3 Beds
    • 1 Bath
    • 1,172 Sq Ft

    4058 Ward Ave, Memphis, TN 38108

    Renovated rental property with an active lease in place. Currently leased at $825 month to month. No creative finance offers.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 621-5452

    4058 Ward Ave, Memphis, TN 38108
  • /2

    $104,990

    • 3 Beds
    • 1 Bath
    • 1,005 Sq Ft

    916 Carrolton Ave, Memphis, TN 38127

    Do not disturb tenant! Home currently under two year lease. Perfect investment property with solid tenant!

    Agent Photo

    Leaser Coleman

    Empire Realty, LLC

    (901) 445-8464

    916 Carrolton Ave, Memphis, TN 38127
  • /2

    $176,890

    • 3 Beds
    • 1 Bath
    • 1,360 Sq Ft

    4287 Elaine Ave, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $1,200 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 979-9353

    4287 Elaine Ave, Memphis, TN 38122
  • /2

    $146,000

    • 3 Beds
    • 2 Baths
    • 1,451 Sq Ft

    4117 Grey Rd, Memphis, TN 38108

    Renovated rental property with an active lease in place. Currently leased at $1,100 month to month. No creative finance offers. This home is part of a 103 home package.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 669-4577

    4117 Grey Rd, Memphis, TN 38108

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