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

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  /5

  $105,000

  • 3 Beds
  • 1.5 Baths
  • 1,670 Sq Ft

  3382 Frayser School Dr, Memphis, TN 38127

  Solid 3-bedroom, 1.5-bath brick ranch built in 1957 with approximately 1,600 sq ft, featuring hardwood, tile and carpet floors, a carport, and a generous 0.38-acre lot in the vibrant Frayser neighborhood. TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Leased through 01/31/2027 at $1,165/month.

  James Wachob Foundation Property Management

  3382 Frayser School Dr, Memphis, TN 38127
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  /11

  $146,550

  • 3 Beds
  • 1.5 Baths
  • 1,297 Sq Ft

  4467 Mayo Ave, Memphis, TN 38128

  Charming 3BR/2BA brick home on a spacious 0.38-acre lot in Raleigh. Features include hardwood floors, a formal living room, cozy den, and a functional kitchen/dining layout. Enjoy a 2-car attached garage, central HVAC, and a large backyard with endless potential. A solid, well-kept home in an established neighborhood—perfect for buyers or investors.

  LaTonya Hammond Lawrence Johnson, REALTORS

  4467 Mayo Ave, Memphis, TN 38128
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  /35

  $109,900

  • 3 Beds
  • 1.5 Baths
  • 14,094 Sq Ft

  2518 Corning Ave, Memphis, TN 38127

  Charming Single-Story Home in Frayser! This 3-bedroom, 1.5 bath home offers a spacious living area and functional layout all on one level. It also has another room that can be used as a 4th bedroom or study. Enjoy cozy evenings by the fireplace and cook with ease in the well-appointed kitchen. Perfect for families or investors, this property sits in a quiet neighborhood with street parking.

  Tiffany Jones Trelora Realty

  2518 Corning Ave, Memphis, TN 38127
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  /12

  $115,000

  • 3 Beds
  • 1 Bath
  • 1,354 Sq Ft

  3439 Hester Ave, Memphis, TN 38111

  Don’t miss this incredible opportunity to own a spacious home at an unbeatable price! Conveniently located near 240, this property offers both comfort and accessibility. Inside, you’ll find a separate living room and dining room, along with a large den just off the kitchen, providing plenty of space for relaxing or gathering with family. The oversized third bedroom offers flexibility. Outside,

  Vanessa Grandberry New Home Realty

  3439 Hester Ave, Memphis, TN 38111
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  /17

  $175,000

  • 3 Beds
  • 1.5 Baths
  • 1,656 Sq Ft

  1155 Sledge Ave, Memphis, TN 38104

  Don't miss your chance to own a piece of Midtown. 1155 Sledge Ave is a rare opportunity to get into a thriving neighborhood at the right price. A brand new roof and new windows are already in place now the interior is your blank canvas. Finish it as your dream home, a cash-flowing rental, an Airbnb, or a flip that commands top dollar. Bring your contractor and schedule a tour today!

  Sabaria Dean Fast Track Realty, LLC

  1155 Sledge Ave, Memphis, TN 38104
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  /12

  $189,000

  • 3 Beds
  • 2 Baths
  • 1,215 Sq Ft

  4029 Hermitage Dr, Memphis, TN 38116

  ** Totally Renovated** Beautiful home, Large master Bedroom, 3 bed, 2 Bathrooms, this property has a ton of luxury upgrades including totally renovated kitchen and bathrooms including new flooring throughout the home, new cabinets, stone countertops, all new fixtures. All new windows

  Cortney Lester Franchise Realty, LLC

  4029 Hermitage Dr, Memphis, TN 38116
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  /12

  $124,900

  • 3 Beds
  • 1.5 Baths
  • 1,364 Sq Ft

  3641 Gillie St, Memphis, TN 38127

  Do not miss this wonderful opportunity in Berclair! This property has a fresh rehab and would be suitable for an owner occupant or an investor. The property is centrally located near tons of jobs and commerce and you can be anywhere in the city in 15 min. No wholesaler or assignment of contract offers will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3641 Gillie St, Memphis, TN 38127
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  /18

  $199,000

  • 3 Beds
  • 2 Baths
  • 1,216 Sq Ft

  648 Loeb St, Memphis, TN 38111

  Great starter home or investment opportunity near the University of Memphis. 3 bedroom 2 bath home with a fully renovated kitchen. Large front and back yards with enough space to build a guesthouse with a separate driveway. Large screened in porch and a small detached garage. Original hardwood floors that have been refinished in the last 5 years. Central HVAC, stainless steel kitchen appliances

  Garrett Sapp Halloran Realty Group

  648 Loeb St, Memphis, TN 38111
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  /12

  $104,900

  • 3 Beds
  • 1 Bath
  • 952 Sq Ft

  3278 N Watkins St, Memphis, TN 38127

  This property would be great for an owner-occupant or an investor in the area. Freshly rehabbed and ready for a move-in! This property is near jobs, commerce and shopping and easy access to Highway 240. No wholesaler or assignment of contract offers will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3278 N Watkins St, Memphis, TN 38127
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  /25

  $162,000

  • 3 Beds
  • 1.5 Baths
  • 1,569 Sq Ft

  3014 Curtis St, Memphis, TN 38118

  Welcome to this Move-In Ready Gem! Prepare to fall in love with a must-see home that has been beautifully maintained inside and out, nestled in a quiet, convenient location near schools and shopping. This inviting 3-bedroom, 1 full and 1 half bath home offers both a blend of comfort and character with a living room and spacious den—perfect for relaxing or entertaining. Plenty of natural light

  Sherry Doaty KAIZEN Realty, LLC

  3014 Curtis St, Memphis, TN 38118
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  /26

  $187,500

  • 3 Beds
  • 2 Baths
  • 1,328 Sq Ft

  3438 Faxon Ave, Memphis, TN 38122

  Wonderful Home for Sale 3 Bedrooms, 2 Bathroom, features 3 spacious bedrooms, . It includes a wood kitchen with an open concept layout, seamlessly connected to the living areas for a warm and inviting feel. Additionally, the property: offers a completely fenced garden.

  Itzel Sanchez Bustamante Keller Williams

  3438 Faxon Ave, Memphis, TN 38122
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  /13

  $129,000

  • 3 Beds
  • 1.5 Baths
  • 1,218 Sq Ft

  1084 Rutland Rd, Memphis, TN 38114

  Investor special in East Memphis! Ideal for any investor looking for cash flowing properties with little maintenance as home was turnkey in the past few years. Tenant in place paying $1045 and been there for 5 plus years! Current lease ends in September. All capex items replaced in 2020. Call listing agent for details. Access upon accepted offer. Do not disturb tenants.

  Andrew Akins CB Properties of Memphis, LLC

  1084 Rutland Rd, Memphis, TN 38114
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  /10

  $117,000

  • 3 Beds
  • 1 Bath
  • 882 Sq Ft

  580 Blackhawk Rd, Memphis, TN 38109

  Wonderful home for sell at a great price. Well maintained three bedroom one bathroom home in a great location. This home features NO carpet, large back yard, vinyl and tile flooring throughout, low maintenance brick exterior, modern light fixtures and so much more. Book your tour today! This would make a lovely home or wonderful investment property! Seller also has 3043 Coleman Ave for sell.

  William Haynes Crye-Leike, Inc., REALTORS

  580 Blackhawk Rd, Memphis, TN 38109
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  /31

  $150,000

  • 3 Beds
  • 1 Bath
  • 1,025 Sq Ft

  3800 Allandale Ln, Memphis, TN 38111

  PROPERTY CAN BE PURCHASED USING LOAN THATS 100% financing, $0 DOWN & LENDER PAID CLOSING COSTS (Buyer must qualify) ABSOLUTELY AMAZING REMODELED 3 BEDROOM HOME OPEN FLOOR PLAN ON LARGE CORNER FENCED IN LOT WITH SINGLE CAR GARAGE. Exceptional opportunity to live in Sherwood Forest in this move -in ready home positioned on one of the large lots. Great place to play, garden and what an exceptional

  Carrie Benitone Ware Jones, REALTORS

  3800 Allandale Ln, Memphis, TN 38111
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  /17

  $178,800

  • 3 Beds
  • 1.5 Baths
  • 1,210 Sq Ft

  4835 Dianne Dr, Memphis, TN 38116

  This Home Is located, where cuteness meets charm! This home combines timeless elegance with modern updates, designed to impress even the most discerning buyers. Featuring thoughtful refreshments like fresh paint, updated lighting & modernized spaces, that balances comfort with style. The kitchen boast with the right amount of aesthetics, all while transitioning into a comfy & cozy living/great

  Tarsha Coleman BEST Real Estate Company

  4835 Dianne Dr, Memphis, TN 38116
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  /17

  $149,000

  • 3 Beds
  • 2 Baths
  • 1,086 Sq Ft

  3462 Carrington Rd, Memphis, TN 38111

  Fully renovated 3 bed, 2 bath home in the heart of Memphis! Updated kitchen, modern finishes, and spacious layout. Perfect for first-time buyers or investors. Convenient location near shopping, dining, and major roads. Move in ready, schedule your showing today!

  Cesar Lara Fast Track Realty, LLC

  3462 Carrington Rd, Memphis, TN 38111
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  /11

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,082 Sq Ft

  2232 Amethyst Cove, Memphis, TN 38127

  Excellent investment opportunity in the desirable Georgian Woods Subdivision! Situated on a premium corner lot in a quiet cove, this property offers strong rental appeal and long-term value. Recently updated in 2025, the home features modern luxury vinyl plank (LVP) flooring, updated countertops, sleek black hardware, and a new water heater, providing a fresh and low-maintenance interior. The

  Trevor Wallace Crye-Leike, Inc., REALTORS

  2232 Amethyst Cove, Memphis, TN 38127
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  /14

  $135,000

  • 3 Beds
  • 2 Baths
  • 1,858 Sq Ft

  1908 Macaulay Ave, Memphis, TN 38127

  3BR 2Bath1858 Sq Ft, well maintained home. Has a large yard, in a great neighborhood next to Georgian Park! Currently rented $1,200 per month, with lease expiring November 2026. DO NOT DISTURB TENANT!

  Brett Bernard The Stamps Real Estate Company

  1908 Macaulay Ave, Memphis, TN 38127
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  /14

  $102,500

  • 3 Beds
  • 1 Bath
  • 1,222 Sq Ft

  1450 Lambert St, Memphis, TN 38108

  INvestor Alert! An awesome opportunity to add to your portfolio. This cozy home spans 1,222 square feet and features three bedrooms and one bathroom, offering ample living space without breaking the bank. Located at the quiet end of a cove, the property promises a peaceful living environment, a single-family house available for purchase, ideally suited for buyers looking for a budget-friendly

  James Johnson KAIZEN Realty, LLC

  1450 Lambert St, Memphis, TN 38108
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  /39

  $130,000

  • 3 Beds
  • 1 Bath
  • 1,402 Sq Ft

  3083 Cherry Rd, Memphis, TN 38118

  per seller roof about 3 years old, water heater is about 2 years old, 3 bedrooms + an extra room could be a 4th room, now is 1 bath (seller said used to have the half restroom.)

  Ngoc Quach Germantown Properties

  3083 Cherry Rd, Memphis, TN 38118
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  /30

  $130,000

  • 3 Beds
  • 1 Bath
  • 975 Sq Ft

  1068 Buckner Rd, Memphis, TN 38122

  Solid brick 3 bed, 1 bath home in the Berclair area offering strong potential for investors and owner-occupants alike. Utilities are on, and a substantial amount of renovation materials are already on-site and included with the sale—estimated to bring the home to approximately 80% completion. At 975 sqft, the property features a functional layout on a level lot with a spacious backyard and

  Elliot Cerezo The Home Partners Realty

  1068 Buckner Rd, Memphis, TN 38122
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  /17

  $125,000

  • 3 Beds
  • 2 Baths
  • 1,048 Sq Ft

  2120 Curry Ave, Memphis, TN 38108

  Beautifully renovated and move-in ready! This charming home features 3 spacious bedrooms and 2 full bathrooms across 1,048 sq ft of thoughtfully updated living space. Built in 1998 and completely refreshed, it offers modern comfort with peace of mind. Enjoy a brand-new HVAC system and new hot water heater, ensuring efficiency and reliability for years to come. No Carpet. Plus, a 1-year home

  Tamara Davenport Keller Williams

  2120 Curry Ave, Memphis, TN 38108
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  /25

  $149,000

  • 3 Beds
  • 1 Bath
  • 1,599 Sq Ft

  2405 Forest Ave, Memphis, TN 38112

  Charm and character abound throughout this Classic Midtown home where traditional meets Bungalow. The open floor plan is accentuated by tall ceilings, beautiful mill work and gleaming hardwood floors. Home features 3 bedrooms, 1 bath, gracious living spaces, a large updated kitchen with butler's panty, spacious laundry/mudroom, and office. The chef's kitchen provides a gas range, pantry, and

  Jordan Schieffler Ware Jones, REALTORS

  2405 Forest Ave, Memphis, TN 38112
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  /32

  $104,900

  • 3 Beds
  • 1 Bath
  • 1,083 Sq Ft

  4537 Whiteside St, Memphis, TN 38109

  This solid brick and vinyl residence, built in 1971, offers a functional 3-bedroom, 1-bathroom floor plan encompassing 1,083 sqft. The interior layout is well-suited for efficient living, while the exterior features an attached 1-car garage for secure parking and additional storage. The home is situated on a level 0.195-acre lot in the White Haven/Fairley area, providing a manageable and

  Tiffany Jones Trelora Realty

  4537 Whiteside St, Memphis, TN 38109
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  /18

  $128,000

  • 3 Beds
  • 1 Bath
  • 1,026 Sq Ft

  5163 Broken Oak Dr, Memphis, TN 38127

  Move in ready! Freshly painted inside and out. Whether you want an investment property or you want a home for first time buyers or others, come and check this one out. You will see 3 photos with furniture and more that are virtually staged. This home qualifies for special 100% financing for owner occupant buyers so call Saprina Bowman to get details and if you need someone to show it to you.

  Saprina Bowman Crye-Leike, Inc., REALTORS

  5163 Broken Oak Dr, Memphis, TN 38127
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  /34

  $109,900

  • 3 Beds
  • 1 Bath
  • 1,044 Sq Ft

  4033 Clearpool Circle Rd, Memphis, TN 38118

  This 1,044 sqft residence, built in 1950, features a traditional 3-bedroom, 1-bathroom interior in the Parkway Village area. Original hardwood flooring spans the living spaces, accented by a character-filled arched entryway that leads from the living room into the kitchen and dining area. The living room is anchored by a focal point stone and large brick fireplace. The kitchen and dining room are

  Tiffany Jones Trelora Realty

  4033 Clearpool Circle Rd, Memphis, TN 38118
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  /16

  $130,000

  • 3 Beds
  • 2 Baths
  • 1,712 Sq Ft

  632 N Montgomery St, Memphis, TN 38107

  Charming half of a duplex located in a convenient Memphis location. This property offers a great opportunity for both investors and owner-occupants, featuring a functional layout with comfortable living spaces and strong rental potential. Each side of the duplex is individually maintained, allowing for independent ownership and flexibility. This price is for both units - 632 Montgomery and 1244

  Palmer Gardner CrestCore Realty MphsBrokerage

  632 N Montgomery St, Memphis, TN 38107
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  /9

  $144,900

  • 3 Beds
  • 1.5 Baths
  • 1,122 Sq Ft

  4905 Fernbrook Dr, Memphis, TN 38118

  Well-maintained 3-bedroom, 1.5-bath home with long-term tenant occupancy. This property presents a great opportunity for investors seeking immediate income or buyers planning for future occupancy. Home has been consistently cared for and offers a functional layout in a convenient location near schools and shopping. Showings by appointment only with advance notice. Please do not disturb tenant.

  Taneisha Lomax C21 Patterson & Assoc. Real Es

  4905 Fernbrook Dr, Memphis, TN 38118
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  /33

  $109,900

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

  5126 Brushwood Dr, Memphis, TN 38109

  Charming South Memphis home located in the desirable Whitehaven area! This well-maintained 3-bedroom, 2-bath, one-story residence features a comfortable layout, spacious living areas, and is nestled in a quiet, established neighborhood. Conveniently situated near Elvis Presley Blvd, schools, shopping, and local amenities, this home offers both comfort and accessibility. Perfect for first-time

  Tiffany Jones Trelora Realty

  5126 Brushwood Dr, Memphis, TN 38109
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  /33

  $129,900

  • 3 Beds
  • 1.5 Baths
  • 1,386 Sq Ft

  3581 Lehi Dr, Memphis, TN 38128

  This well-maintained 1,386 sqft residence, built in 1963, offers a functional 3-bedroom, 1.5-bathroom layout in the Raleigh/Singleton area. The interior features original hardwood flooring throughout the main living spaces and bedrooms, complemented by durable tile flooring in the kitchen. Washer/Dryer hook-ups in the kitchen for convenience. The exterior is finished with low-maintenance vinyl

  Tiffany Jones Trelora Realty

  3581 Lehi Dr, Memphis, TN 38128
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  /12

  $200,000

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

  6090 Selkirk Dr, Memphis, TN 38115

  Check out this 3 bedroom, 2 bath home in Memphis. Primary has a walk-in closet. Large fenced in backyard. Call for appointment.

  Irwin Montgomery TRG Real Estate Services, LLC

  6090 Selkirk Dr, Memphis, TN 38115
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  /32

  $179,900

  • 3 Beds
  • 1.5 Baths
  • 1,959 Sq Ft

  4115 Fizer Ave, Memphis, TN 38111

  Charming one-story home featuring 4 bedrooms and a comfortable, functional layout. This property offers a spacious living area filled with natural light, a well-appointed kitchen with ample cabinet space, and generously sized bedrooms. The single-level design provides ease and convenience for everyday living. Enjoy a large yard with plenty of room for outdoor activities, entertaining, or future

  Tiffany Jones Trelora Realty

  4115 Fizer Ave, Memphis, TN 38111
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  /11

  $167,000

  • 3 Beds
  • 1.5 Baths
  • 2,676 Sq Ft

  1379 E Mclemore Ave, Memphis, TN 38106

  Opportunity awaits with this spacious 3-bedroom, 1.5-bath home situated on approximately 1.4 acres across two parcels! BRAND NEW HVAC installed December 2025. Water heater is approximately 2 years old. Roof installed July 2009. Built in 1903 and renovated in 1989, this home offers over 2,100+ sq ft, featuring a main living area, separate dining space, and a large step-down den/bonus room with

  Everine Johnson Keller Williams

  1379 E Mclemore Ave, Memphis, TN 38106
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  /24

  $174,900

  • 3 Beds
  • 1 Bath
  • 1,414 Sq Ft

  1621 Kendale Ave, Memphis, TN 38106

  A beautifully refreshed home in the heart of Memphis’ historic Glenview neighborhood. This freshly renovated 1-bedroom, 1-bath property offers 1,414 square feet of character, charm, and modern updates. Step inside to find a bright, open living space featuring refinished floors, a classic fireplace, and abundant natural light. The updated kitchen blends style and functionality with ample

  Austin Rowe Onward Real Estate

  1621 Kendale Ave, Memphis, TN 38106
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  /13

  $155,000

  • 3 Beds
  • 1 Bath
  • 848 Sq Ft

  3534 Rochester Rd, Memphis, TN 38109

  Move-In Ready & Full of Updates! Check out this beautifully maintained 3-bedroom, 1-bath home in immaculate condition! This home features brand-new flooring throughout, an updated bathroom with a stylish tile shower, new tub, and new toilet. You’ll also love the new countertops, updated light fixtures, and fresh paint that give the home a clean, modern feel. Step outside to enjoy a huge

  Kizzy Neder Lawrence Johnson, REALTORS

  3534 Rochester Rd, Memphis, TN 38109
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  /11

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,547 Sq Ft

  1871 Thrift Ave, Memphis, TN 38127

  Welcome to 1871 Thrift Ave, a charming single-story home full of potential and character. This 3-bedroom, 1-bath. Inside, you’ll find generously sized rooms, including comfortable bedrooms and a dining area, perfect for gatherings and everyday living. New plumbing, New roof, and New electric. The owner is offering a unique investment opportunity with the option to purchase this home as part of a

  Candice Hardaway Keller Williams

  1871 Thrift Ave, Memphis, TN 38127
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  /9

  $116,000

  • 3 Beds
  • 1 Bath
  • 1,036 Sq Ft

  603 Western Park Dr, Memphis, TN 38109

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $845 per month and is on a lease from 5/1/2025 until 4/30/2026. A renewal has been sent to the tenant, but they have not signed it yet. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

  Alex Evans Reedy & Company, REALTORS

  603 Western Park Dr, Memphis, TN 38109
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  /6

  $105,000

  • 3 Beds
  • 1 Bath
  • 1,300 Sq Ft

  287 George St, Memphis, TN 38109

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $995 per month and is on a lease from 10/01/2025 - 09/30/2026. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

  Alex Evans Reedy & Company, REALTORS

  287 George St, Memphis, TN 38109
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  /13

  $127,900

  • 3 Beds
  • 1 Bath
  • 1,005 Sq Ft

  5071 Neely Rd, Memphis, TN 38109

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $995 per month and is on a lease from 08/04/2025 - 08/03/2026. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

  Alex Evans Reedy & Company, REALTORS

  5071 Neely Rd, Memphis, TN 38109
• 

  

  /9

  $105,000

  • 3 Beds
  • 2 Baths
  • 1,149 Sq Ft

  761 Marywood St, Memphis, TN 38106

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $950 per month and is on a lease from 11/25/2024 until 11/30/2025. This tenant is currently on a month-to-month lease. A renewal has been sent to the tenant, but they have not signed it yet. There is professional property management in place with Reedy and Company. No wholesale or creative

  Alex Evans Reedy & Company, REALTORS

  761 Marywood St, Memphis, TN 38106

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