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

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  /8

  $110,000

  • 3 Beds
  • 1 Bath
  • 1,233 Sq Ft

  4693 Royal Ridge Dr, Memphis, TN 38128

  House renovated two years ago. Roof, flooring, paint all 2 years old. Property is located minutes from Amazon and Nike. Being sold As-Is. Cash or Conventional only. Please use attached documents. Closing with Execel Title & Escrow Pamela Webster.

  Melody Martin 4 Success Realty, LLC

  4693 Royal Ridge Dr, Memphis, TN 38128
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  /15

  $179,900

  • 3 Beds
  • 2 Baths
  • 1,410 Sq Ft

  3872 Philsdale Ave, Memphis, TN 38111

  Great family home close to everything on quiet street no through traffic! Home is completely updated everything new and appliances. Hurry a three bedroom two bath under 200k is hard to find and move in ready with huge back yard!

  dave scott BHHS Taliesyn Realty

  3872 Philsdale Ave, Memphis, TN 38111
• 

  

  

  /27

  $192,500

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

  3566 Monessen Dr, Memphis, TN 38128

  A very well maintained, move-in ready 3 bedroom, 1 1/2 Bathroom home! Large workshop with electricity and large fenced backyard. Updated full bath and beautiful solid wood floors throughout. An additional living space that could serve as another living room/den, bonus room, or extra bedroom. A great move-in ready owner occupant home or a nice investment property for rental portfolio! Call your

  Melissa Reed BHHS McLemore & Co. Realty

  3566 Monessen Dr, Memphis, TN 38128
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  /12

  $129,000

  • 3 Beds
  • 2 Baths
  • 1,559 Sq Ft

  1069 McEvers Rd, Memphis, TN 38111

  This Is It! Great opportunity to for owner occupant or investor! Three bedroom, Two bath brick home in the desirable area featuring a spacious layout with a living room, separate dining area, and comfortable den ideal that is ideal for entertaining or relaxing. Several rooms with hardwood floors. Located in an established neighborhood, the property offers a welcoming front porch and large

  Pat Edwards-Sipp BenchMark REALTORS, LLC

  1069 McEvers Rd, Memphis, TN 38111
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  /16

  $179,900

  • 3 Beds
  • 2 Baths
  • 1,361 Sq Ft

  4788 Hunters Glen Cove, Memphis, TN 38128

  3 bedroom 2 bath, 2 car garage in a quiet cove. Excellent for first time home buyer or an investor. With its spacious layout and unique amenities, it’s a fantastic opportunity to create your dream living space. COUNTY TAXES ONLY. Available for THDA and special grants - ask about them! Located near the Naval base, medical facilities, and shopping centers, convenience and accessibility are at your

  Tracy Duggan Real Broker

  4788 Hunters Glen Cove, Memphis, TN 38128
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  /35

  $114,900

  • 3 Beds
  • 1 Bath
  • 1,079 Sq Ft

  965 Goodman St, Memphis, TN 38111

  This 1,079 sq. ft. brick veneer ranch-style residence is located in the established Sherwood Forest community of East Memphis. Built in 1948, the home offers a classic three-bedroom, one-bathroom floorplan characterized by original architectural details and refinished hardwood flooring throughout the main living areas and bedrooms. The interior features a central living room that flows into a

  Tiffany Jones Trelora Realty

  965 Goodman St, Memphis, TN 38111
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  /7

  $180,000

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

  3741 Faxon Ave, Memphis, TN 38122

  Turnkey investment opportunity in the heart of Memphis. This renovated 3 bedroom 2 bathroom property at 3741 Faxon Ave is tenant occupied and currently leased at $1,445 per month through 01-01-2028, providing strong and stable cash flow from day one. The tenant has a $1,445 security deposit in place, adding an extra layer of protection for the new owner. This is a great option for investors

  Jose Adan Leal Garcia Fast Track Realty, LLC

  3741 Faxon Ave, Memphis, TN 38122
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  /9

  $155,000

  • 3 Beds
  • 1.5 Baths
  • 1,253 Sq Ft

  3011 Beauchamp Dr, Memphis, TN 38118

  Solid investment opportunity in Memphis. This 3 bedroom 1.5 bathroom property at 3011 Beauchamp Dr is tenant occupied and currently rented for $984.95 per month, providing immediate income for an investor looking to add to their portfolio. With steady cash flow already in place, this property offers a practical option for both new and experienced investors seeking rental income. Located in an

  Jose Adan Leal Garcia Fast Track Realty, LLC

  3011 Beauchamp Dr, Memphis, TN 38118
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  /20

  $199,000

  • 3 Beds
  • 1.5 Baths
  • 1,380 Sq Ft

  5209 Yale Rd, Memphis, TN 38134

  quThis charming home in Memphis is a must see! The kitchen has been beautifully updated with new cabinets, a stunning backsplash, and new appliances, plus a large open breakfast area perfect for morning coffee. The spacious great room features a cozy fireplace, creating the ideal space to relax in the evenings or gather with family and friends. You’ll also love the generous dining room and

  Vicki Spiecha REMAX Experts

  5209 Yale Rd, Memphis, TN 38134
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  /10

  $105,000

  • 3 Beds
  • 1 Bath
  • 946 Sq Ft

  3342 Ashland St, Memphis, TN 38127

  Welcome to 3342 Ashland Street, Memphis, TN 38127! This cozy 3-bedroom, 1-bathroom home features hard-surface flooring throughout, a bright and spacious living area, and a modern kitchen with large shaker cabinets and space for appliances. Enjoy the convenience of a covered carport and a large fenced backyard, perfect for outdoor living. Don’t miss out! TENANTED PROPERTY: DO NOT APPROACH OR

  James Wachob Foundation Property Management

  3342 Ashland St, Memphis, TN 38127
• 

  

  /22

  $164,000

  • 3 Beds
  • 2 Baths
  • 1,353 Sq Ft

  3073 Coleman Ave, Memphis, TN 38112

  Completely renovated and move in ready! This beautifully updated home features 3 bedrooms, 2 bathrooms, and a huge bonus room offering flexible use as a 4th bedroom, office, or additional living space. Recent renovations include new roof, new ductwork, new insulation, new flooring throughout, updated cabinets, and more providing peace of mind for years to come. Ideal for first time homebuyers or

  Arath Luevano Fast Track Realty, LLC

  3073 Coleman Ave, Memphis, TN 38112
• 

  

  /19

  $100,000

  • 3 Beds
  • 1.5 Baths
  • 1,197 Sq Ft

  307 Summerwood Ave, Memphis, TN 38109

  Well-maintained home in the growing Whitehaven/Graceland area with strong fundamentals. Brand new roof (under 6 months), AC, heater, and water heater (2–3 years), vinyl siding with brick accents, double-pane windows, copper plumbing, updated electrical, 2023 appliances, fresh paint, new carpet over original hardwood, and bath updates. Major maintenance and mechanicals are complete, offering

  Daniel Demers Sell Your Home Services, LLC

  307 Summerwood Ave, Memphis, TN 38109
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  /13

  $119,000

  • 3 Beds
  • 2 Baths
  • 1,045 Sq Ft

  687 Creekstone Cir, Memphis, TN 38127

  Welcome to 687 Creekstone Circle, Memphis, TN 38127! This 3-bedroom, 2-bath home features hard-surface flooring throughout, a bright and spacious living area, and a modern kitchen with large shaker cabinets and space for appliances. Enjoy central heat and air, window coverings, and mirrors throughout, plus a fenced backyard perfect for outdoor living. TENANTED PROPERTY: DO NOT APPROACH OR DISTURB

  James Wachob Foundation Property Management

  687 Creekstone Cir, Memphis, TN 38127
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  /16

  $114,900

  • 3 Beds
  • 1 Bath
  • 1,004 Sq Ft

  1593 E Holmes Rd, Memphis, TN 38116

  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.

  Dean Harris CrestCore Realty MphsBrokerage

  1593 E Holmes Rd, Memphis, TN 38116
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  /2

  $114,900

  • 3 Beds
  • 1 Bath
  • 979 Sq Ft

  4224 Arrowhead Rd, Memphis, TN 38118

  Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38118 area. Cash flowing with a monthly rental amount of $1,100/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

  4224 Arrowhead Rd, Memphis, TN 38118
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  /16

  $179,900

  • 3 Beds
  • 1 Bath
  • 969 Sq Ft

  1570 Dearing Rd, Memphis, TN 38117

  Open House Sunday 1-2:30pm. Welcome home! This adorable ranch style home is ready for a new owner. Completely renovated top to bottom in 2018, this home stands out with beautiful hardwood floors throughout, renovated kitchen and bath with stone tops, 7 year old roof and hvac, 1 year old hot water, a 1 car carport, and a large fenced backyard with storage shed and newly poured patio. This home is

  Joshua Cooper Sowell, Realtors

  1570 Dearing Rd, Memphis, TN 38117
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  /20

  $185,000

  • 3 Beds
  • 2 Baths
  • 1,577 Sq Ft

  5244 Marynelle Cove, Memphis, TN 38116

  Check out this newly rehabbed home in Whitehaven! This quiet and established neighborhood comes separate living and dining spaces, family room, wood burning fireplace, and large backyard for entertaining and/or gardening! Minutes away from schools of all grade levels, medical facilities, shopping, dining and entertainment being just less than 10 minutes from Southaven, MS! All appliances included

  Duane Kinnard Tri-Leake Realty

  5244 Marynelle Cove, Memphis, TN 38116
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  /21

  $129,900

  • 3 Beds
  • 1.5 Baths
  • 916 Sq Ft

  4187 Boyce Ave, Memphis, TN 38111

  Incredible opportunity to own a renovated home under $150,000. Perfect for a first-time buyer or investment property. This 3 bedroom, 1.5 bath home features a huge backyard plus an extra driveway and rear pad ideal for a future shop or workshop. Fresh exterior paint and updated landscaping create great curb appeal. Inside, the home has been completely refreshed with new paint throughout and all

  Camela Henke Enterprise, REALTORS

  4187 Boyce Ave, Memphis, TN 38111
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  /18

  $170,000

  • 3 Beds
  • 1 Bath
  • 940 Sq Ft

  4439 Dunn Ave, Memphis, TN 38117

  This CHARMING 3 bedroom, 1 bathroom home is nestled in a peaceful neighborhood in East Memphis. Plenty of space, including 2 outdoor storage areas. With WELL-DESIGNED living space, this home blends CLASSIC charm with modern Comforts. Includes NEW MARBLE INSPIRED SHOWER and a NEW 2025 ROOF a Large YARD, and laundry closet. Located near shopping, dining, and parks, this home provides Convenient

  Shelbe Ramsey KAIZEN Realty, LLC

  4439 Dunn Ave, Memphis, TN 38117
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  /13

  $126,000 Open Sun 2PM - 4PM

  • 3 Beds
  • 2 Baths
  • 1,217 Sq Ft

  2638 Hawkins Mill Rd, Memphis, TN 38127

  Charming, move-in ready 3-bedroom, 2-bath home in a well-established neighborhood known for its friendly community and convenient living. Perfect for first-time buyers or those looking to downsize without sacrificing comfort, this home offers both functionality and room to grow. Recent updates provide peace of mind, including an 8-year-old roof, interior A/C unit less than 5 years old, and a hot

  Pat Edwards-Sipp BenchMark REALTORS, LLC

  2638 Hawkins Mill Rd, Memphis, TN 38127
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  /10

  $109,900

  • 3 Beds
  • 2 Baths
  • 1,104 Sq Ft

  3189 W Shirley Cir, Memphis, TN 38127

  More Than Meets the Eye! 3BR/2BA Brick Home on a Huge .61 Acre Lot Looking for a solid home with more space than the average find? Check out this one. Home has been updated to include two full bathrooms and some surprising storage! Highlights: Bonus Storage: Primary bedroom is a standard, comfortable size, but it comes with a big perk—two large walk-in closets. No more fighting over hanger space!

  Phyllis Law 2 Rivers Realty, LLC

  3189 W Shirley Cir, Memphis, TN 38127
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  /30

  $114,900

  • 3 Beds
  • 2 Baths
  • 996 Sq Ft

  3084 Pershing Ave, Memphis, TN 38112

  Beautifully renovated 3 bed, 2 full bath turn-key home featuring a spacious laundry room and large driveway with ample parking. Extra-large backyard perfect for entertaining or pets. Prime central location just minutes to the University of Memphis, Memphis Zoo, and Memphis International Airport. Completely renovated in 2021 and freshly updated again in 2026 for peace of mind. Ideal primary

  Daniel Demers Sell Your Home Services, LLC

  3084 Pershing Ave, Memphis, TN 38112
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  /5

  $129,900

  • 3 Beds
  • 1 Bath
  • 1,045 Sq Ft

  5061 Stacey Rd, Memphis, TN 38109

  TENANT-OCCUPIED INVESTMENT PROPERTY! Charming 3BR/1BA home generating $1,095/month with a recently renewed lease through 2/28/2027. Situated on a quiet street, the property features a functional, low-maintenance layout ideal for long-term tenancy. Professionally managed, truly turnkey income. Maintenance report and tenant ledger available upon request. Please do not disturb tenant.

  Jeremy Veldman KAIZEN Realty, LLC

  5061 Stacey Rd, Memphis, TN 38109
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  /14

  $159,500

  • 3 Beds
  • 1 Bath
  • 1,017 Sq Ft

  2922 Walker Ave, Memphis, TN 38111

  Charming 2 bedroom, 1 bathroom home featuring brand new flooring and fresh interior paint throughout. This move-in ready property offers a bright, refreshed feel and comfortable living spaces perfect for first-time buyers, downsizers, or investors. Owner/agent.

  Qazi Ahmad Renshaw Company, REALTORS

  2922 Walker Ave, Memphis, TN 38111
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  /2

  $170,000

  • 3 Beds
  • 2 Baths
  • 1,278 Sq Ft

  3588 Kearney Ave, Memphis, TN 38111

  Incredible investment opportunity available with tremendous cash flow and huge potential upside! This property is currently rented for $1450/mo. 21 property package available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied. Many of these homes have had significant rehab done in the past few years. This could be an amazing

  William Haynes Crye-Leike, Inc., REALTORS

  3588 Kearney Ave, Memphis, TN 38111
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  /5

  $134,900

  • 3 Beds
  • 2 Baths
  • 1,074 Sq Ft

  2505 Durham Ave, Memphis, TN 38127

  Fantastic investment opportunity in the Shelby area. This 3br/2 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $1,259/month. The lease ends on 1/31/27. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  2505 Durham Ave, Memphis, TN 38127
• 

  

  /22

  $189,900

  • 3 Beds
  • 2 Baths
  • 1,340 Sq Ft

  1449 Lyndale Ave, Memphis, TN 38107

  **ASK ABOUT FORGIVABLE GRANT / LOWERED INTEREST RATE THROUGH RENASANT BANK!** Welcome to 1449 Lyndale Ave — a beautifully renovated 1920 bungalow blending historic charm with modern peace of mind. This 3-bedroom, 2-bath home offers approximately 1,300 square feet of completely updated, turnkey living. Major improvements include new roof, windows, and a full interior renovation in 2021, plus new

  Sarah Flack The Firm

  1449 Lyndale Ave, Memphis, TN 38107
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  /14

  $114,800

  • 3 Beds
  • 1 Bath
  • 1,026 Sq Ft

  1532 Silver St, Memphis, TN 38106

  Fully Renovated & Move-In Ready! Welcome to this beautifully renovated 3 bedroom, 1 bath brick home situated on a spacious corner lot. Renovated from top to bottom, this home offers peace of mind and modern finishes throughout. Step inside to find solid surface LVP flooring and tile throughout — no carpet! The updated kitchen features stylish finishes and flows seamlessly into the living spaces,

  Caleb Parr Renshaw Company, REALTORS

  1532 Silver St, Memphis, TN 38106
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  /9

  $179,000

  • 3 Beds
  • 2 Baths
  • 1,448 Sq Ft

  5918 Julian Ct Unit 1, Memphis, TN 38119

  Rare opportunity to own a 3-bedroom, 2-bath ground-floor end unit in the well-established Chatham Village Condominiums, located in the heart of East Memphis just off Park Avenue. This spacious condo offers a highly desirable layout with generously sized bedrooms and a comfortable living area ideal for both everyday living and entertaining. As an end unit, the home enjoys added privacy. The

  James Harvey Jr Keller Williams

  5918 Julian Ct Unit 1, Memphis, TN 38119
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  /10

  $150,000

  • 3 Beds
  • 1 Bath
  • 1,348 Sq Ft

  3625 Bowen Ave, Memphis, TN 38122

  Great investment opportunity. Active lease in place with long term tenant since 2020. Do not disturb tenant. Inspection to be made once offer has been accepted. Currently leased at $1,000 with a lease expiration of 12/31/2026.No creative finance offers. No sign in yard. Property is 3 bedrooms, 1 bathroom, hardwood floors in all living areas and bedrooms. Laminate floors in kitchen and tile in

  Jon Dickens The Firm

  3625 Bowen Ave, Memphis, TN 38122
• 

  

  /12

  $100,000

  • 3 Beds
  • 1 Bath
  • 1,134 Sq Ft

  5378 Beaverton Dr, Memphis, TN 38127

  INVESTERS ONLY!!! Nice 3 bedroom 1 bathroom home currently being rented for $850/mo. Home was substantially rehabbed in 2026 and is in good condition. Brick exterior and roof appears to be in good shape. This property is professionally managed and has NO CITY TAXES. This could be a great addition to your portfolio. No sign in the yard. Please do not disturb or approach the tenant.ONLINE VIDEO

  Tyler Tapley Crye-Leike, Inc., REALTORS

  5378 Beaverton Dr, Memphis, TN 38127
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  /17

  $159,900

  • 3 Beds
  • 1 Bath
  • 981 Sq Ft

  1494 Raymore Rd, Memphis, TN 38117

  Well-maintained brick home featuring hardwood floors throughout and a recently updated bathroom with new tile. The roof and HVAC were replaced four years ago, providing added peace of mind. The fenced backyard offers privacy and usable outdoor space. While modest in size, this home combines classic character with practical updates, making it a solid option for a primary residence or investment

  Marija Tomic ResiAmerica, Inc.

  1494 Raymore Rd, Memphis, TN 38117
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  /12

  $134,900

  • 3 Beds
  • 1 Bath
  • 1,166 Sq Ft

  4891 Dianne Dr, Memphis, TN 38116

  Move-in ready and fully updated, this 3-bedroom, 1-bath home is situated in a mature, established neighborhood with convenient access to nearby shopping, dining, and major employers. The property offers a large backyard ideal for outdoor living or entertaining. The seller will include all furnishings and appliances at no additional cost, conveyed as-is with no warranty, making this a true turnkey

  Kevin Mills Lawrence Johnson, REALTORS

  4891 Dianne Dr, Memphis, TN 38116
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  /16

  $195,000

  • 3 Beds
  • 2 Baths
  • 1,347 Sq Ft

  4251 Riviera Rd, Memphis, TN 38108

  Modern Ranch with Character & Space Step into this beautifully updated single-story ranch featuring an inviting covered front entry, sleek black-and-white exterior, and an open-concept interior with stylish accent columns and durable flooring throughout. Move-in ready with a clean, contemporary feel—perfect for comfortable living and entertaining. Schedule your private showing today before it’s

  Juan Martinez eXp Realty, LLC

  4251 Riviera Rd, Memphis, TN 38108
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  /28

  $194,995

  • 3 Beds
  • 1.5 Baths
  • 1,368 Sq Ft

  1820 W Holmes Rd, Memphis, TN 38109

  Don’t miss your opportunity to tour this beautifully updated 3-bedroom home. Step inside to find a spacious living room and cozy den, perfect for both everyday living and entertaining. The interior showcases a blend of gorgeous hardwood, tile, and terrazzo floors throughout, adding charm and character to every room. Outside, enjoy the privacy of a fully fenced backyard—ideal for relaxing evenings

  Maria Townsend Crye-Leike, Inc., REALTORS

  1820 W Holmes Rd, Memphis, TN 38109
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  /26

  $162,500

  • 3 Beds
  • 2 Baths
  • 1,627 Sq Ft

  1204 Chamberlain Dr Unit 20, Memphis, TN 38119

  This condo is an upstairs flat with a private entrance at ground level. The spaciousness of this unit allows for numerous possibilities to suit your individual lifestyle. The 2-sided fireplace between the kitchen/dining area and the living room is a wonderful feature that adds to the enjoyment of these 2 areas. There is a separate laundry area adjacent to the kitchen. Covered parking is available

  Bill Bates Crye-Leike, Inc., REALTORS

  1204 Chamberlain Dr Unit 20, Memphis, TN 38119
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  /20

  $109,999

  • 3 Beds
  • 2 Baths
  • 1,439 Sq Ft

  1503 Haywood Ave, Memphis, TN 38127

  Occupied Home Sits on Little Less than a 1/2 Acre, Offers Closed in Exterior Room for Outside Entertaining, with small Fish Pond. Washroom. Recently Renovated Kitchen. Living Room and Oversized Den. Conveniently Located with Easy Access to Millington and Downtown Memphis. No Wholesalers - No Assignment Options. Motivated Seller !

  Jason Hunter Hunter Management, LLC

  1503 Haywood Ave, Memphis, TN 38127
• 

  

  /22

  $192,900

  • 3 Beds
  • 2 Baths
  • 1,783 Sq Ft

  1969 E Holmes Rd, Memphis, TN 38116

  The property is currently tenant occupied, please do not disturb the tenant. The property underwent a renovation in 20205. The HVAC is 2017 (coil is 2018), new furnace (2025), roof is in good condition, and new dishwasher.

  Lauren McNary Marathon REALTORS, LLC

  1969 E Holmes Rd, Memphis, TN 38116
• 

  

  /29

  $198,900

  • 3 Beds
  • 1.5 Baths
  • 953 Sq Ft

  506 Mcdermitt Rd, Memphis, TN 38120

  This home features beautiful hardwood floors throughout and an updated kitchen with granite countertops that opens seamlessly into the living room, creating an easy, connected flow for everyday living or entertaining. Major updates include a newer roof and HVAC system, giving peace of mind for years to come. Step outside to a huge, fully fenced backyard complete with a storage shed. All of these

  Tracy Duggan Real Broker

  506 Mcdermitt Rd, Memphis, TN 38120
• 

  

  /13

  $174,900

  • 3 Beds
  • 2 Baths
  • 1,193 Sq Ft

  4214 Meadow Valley Dr E, Memphis, TN 38141

  Tenant occupied. Valid lease until 1/28. Rented at $1,445 a month. This is a turnkey income producing rental that has recently been rehab. Pictures are after recent rehab.

  Joe King Marathon REALTORS, LLC

  4214 Meadow Valley Dr E, Memphis, TN 38141

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