Homes in 38106 under $200,000

• 

  

  

  /22

  $127,000

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

  407 S Parkway E, Memphis, TN 38106

  Cozy home boasts 2-bedrooms, 1-bath perfect for a small family or couple. Inside be greeted by a nicely renovated kitchen, tile flooring, new cabinets & countertops, kitchen appliances included. Diningroom provides an inviting space to gather with loved ones. Highlight of the home is the remodeled bathroom, tile flooring & modern fixtures. Throughout you'll find Stylish laminate floors that are

  

  Patricia Richmond-Young

  Coldwell Banker Collins-Maury

  (901) 627-3278

  407 S Parkway E, Memphis, TN 38106
• 

  

  

  /11

  $130,000

  • 4 Beds
  • 2 Baths
  • 1,000+ Sq Ft

  1562 Victor St, Memphis, TN 38106

  Rehab partially completed. Property being sold as-is. Some updates have been started, but the project is unfinished. Good potential for investors or buyers looking to complete the work. Buyer to do their own due diligence. No repairs or warranties offered.

  

  Walter Jones

  BEST Real Estate Company

  (901) 673-3800

  1562 Victor St, Memphis, TN 38106
• 

  

  

  /13

  $159,000

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

  1148 Severson Ave, Memphis, TN 38106

  Discover this beautifully renovated 4-bedroom, 1-bathroom single-family home, an excellent turnkey investment with strong rental income already in place. Property Highlights: Fully Renovated: New roof, HVAC system, and hot water tank installed – all major systems updated for peace of mind. Modern Upgrades: Brand new luxury vinyl plank (LVP) flooring throughout, updated kitchen with modern

  Jerry Harris KAIZEN Realty, LLC

  1148 Severson Ave, Memphis, TN 38106
• 

  

  

  /16

  $139,900

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

  1148 Rozelle St, Memphis, TN 38106

  Move in ready 3/1 that backs up to Glenview Park! Close to to Cooper-Young! Vacant, easy to show!

  Caleb Parr Renshaw Company, REALTORS

  1148 Rozelle St, Memphis, TN 38106
• 

  

  

  /20

  $150,000

  • 4 Beds
  • 3 Baths
  • 1,200+ Sq Ft

  2377 Warren St, Memphis, TN 38106

  Welcome to this beautifully renovated 3-bedroom, 2-bathroom home that blends modern updates with thoughtful design. Every detail has been updated, offering a turnkey experience for the next lucky owner. The open-concept living area features updated flooring, fresh paint, and a modern kitchen with sleek finishes. One of the standout features of this property is the detached garage, which has been

  Caleb Hall Keller Williams

  2377 Warren St, Memphis, TN 38106
• 

  

  /10

  $139,900

  • 4 Beds
  • 2 Baths
  • 1,400+ Sq Ft

  1531 South Ave, Memphis, TN 38106

  This charming 4-bedroom, 2-bath home is full of potential and versatility—perfect for investors or owner-occupants alike. The spacious floor plan features a flexible layout, generous living areas, and plenty of natural light. Recent improvements within the last two years add modern touches and increased appeal. Conveniently located just minutes from downtown Memphis with easy access to major

  Warnett Nixon Assured Real Estate Services

  1531 South Ave, Memphis, TN 38106
• 

  

  /19

  $150,000

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

  1100 Rozelle St, Memphis, TN 38106

  nvestor Alert! 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, and a fully remodeled

  Caleb Hall Keller Williams

  1100 Rozelle St, Memphis, TN 38106
• 

  

  /6

  $140,000

  • 2 Beds
  • 2 Baths
  • 1,000+ Sq Ft

  1659 Southern Ave, Memphis, TN 38114

  Investor Alert! This fully renovated duplex is a cash flow dream! Whether you're looking for a solid rental investment or a multi-generational living solution, this property checks all the boxes. Each unit boasts modern finishes, fresh flooring, updated kitchens, and stylish bathrooms. A brand-new privacy fence enhances curb appeal and security. Don’t miss this opportunity to own a beautifully

  Melody Freeman Kairos Realty

  1659 Southern Ave, Memphis, TN 38114
• 

  

  /22

  $158,900

  • 3 Beds
  • 1 Bath
  • 1,400+ Sq Ft

  1708 Glenview Ave, Memphis, TN 38106

  Glenview historic district Fixer-Upper Opportunity-Bring Your Vision! Looking for a home that you can make your own? This 3 beds 1 bath home is a diamond in the rough, perfect for owner occupant buyers ready to roll up their sleeves! Yes, it needs repairs, but with an FHA 203(k) rehab loan, you can purchase AND renovate with one convenient loan! You can totally remodel the kitchen, bathroom,

  Melody Jaramillo Realty International, Inc.

  1708 Glenview Ave, Memphis, TN 38106
• 

  

  /16

  $135,000

  • 3 Beds
  • 1.5 Baths
  • 1,200+ Sq Ft

  478 E Davant Ave, Memphis, TN 38106

  This home has been renovated and ready for a new owner. It has three bedrooms and one and a half bathrooms. Located on a corner lot.

  Esther Guy BenchMark REALTORS, LLC

  478 E Davant Ave, Memphis, TN 38106
• 

  

  /28

  $140,000

  • 6 Beds
  • 4 Baths
  • 2,400+ Sq Ft

  1025 Wichita Ave, Memphis, TN 38106

  Great for a rooming house

  Gabrielle Rowe eXp Realty, LLC

  1025 Wichita Ave, Memphis, TN 38106
• 

  

  /19

  $155,000

  • 4 Beds
  • 1.5 Baths
  • 1,800+ Sq Ft

  1571 E Mclemore Ave, Memphis, TN 38106

  Check out this 4 Bedroom 2 Bathroom home! In the heart of Magnolia Terrace! Over 1800 sq ft of Charm, near Rozelle and Hamilton Schools. Check out that updated Bathroom! You could use this as a Personal home, or a Rental! Wonderful opportunities abound! Call to make your appointment today!

  Jennifer Clark KAIZEN Realty, LLC

  1571 E Mclemore Ave, Memphis, TN 38106
• 

  /2

  $135,000

  • 3 Beds
  • 2 Baths
  • 2,464 Sq Ft

  1611 South Pkwy E, Memphis, TN 38106

  Investor’s Dream! Duplex with Strong Potential – 3BR/1.5BA + 2BR/1.5BA Opportunity knocks with this income-producing duplex offering great bones and major potential! Located in a convenient area, this property features two spacious units—one side with 3 bedrooms and 1.5 baths, and the other with 2 bedrooms and 1.5 baths. Each unit offers a functional layout, separate entrances, and individual

  Caleb Hall Keller Williams

  1611 South Pkwy E, Memphis, TN 38106
• 

  

  /13

  $119,900

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

  1593 Waverly Ave, Memphis, TN 38106

  Well maintained 2BR/1BA brick home in the Glenview Historic District. Hardwood floors throughout. Tile in kitchen and bathroom. Central heat & air. Office area off both bedrooms. Separate laundry room. Fenced in backyard.

  Robert Grisham Bluff City Realty Group, LLC

  1593 Waverly Ave, Memphis, TN 38106
• 

  

  /15

  $165,000

  • 3 Beds
  • 2 Baths
  • 1,400+ Sq Ft

  760 E Mckellar Ave, Memphis, TN 38106

  Newly renovated in 2024, this 3 bedroom/ 2 full bath home is a MUST SEE! A yard lover's dream with plenty of room for backyard entertaining or patio relaxation. Great for 1st time homebuyers or investors. Tenant occupied until October 2025 @ $1200/mth. Please do not disturb the tenant. Call agent for showings.

  Toyraine Smith Grand Point Realty, LLC

  760 E Mckellar Ave, Memphis, TN 38106
• 

  

  /8

  $117,900

  • 2 Beds
  • 2 Baths
  • 1,000+ Sq Ft

  1869 S Lauderdale St, Memphis, TN 38106

  Turnkey Investment Opportunity! This beautifully updated single-family home is leased to a dependable long-term tenant at $1,000/month through June 2026. Renovations completed in April 2022 include a brand new roof, AC condenser, furnace & A-coil, water heater, plus a modern kitchen and remodeled bathrooms. Professionally managed with well-documented maintenance and tenant history. Showings with

  Jeremy Veldman KAIZEN Realty, LLC

  1869 S Lauderdale St, Memphis, TN 38106
• 

  

  /9

  $119,900

  • 3 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  1318 Glenn St, Memphis, TN 38106

  Welcome to your dream home reimagined! This beautifully remodeled residence blends modern elegance with timeless charm, offering the perfect balance of comfort, style, and functionality. Featuring 3 bedrooms and 2 full bathrooms. New flooring, Cabinets, all updated bathrooms and much more. Schedule a showing today!

  Ali Nawaz KAIZEN Realty, LLC

  1318 Glenn St, Memphis, TN 38106
• 

  

  /19

  $118,000

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

  1243 Newark Ave, Memphis, TN 38106

  ~Beautiful house 3 bedrooms 1 bath ~ Ready to move in ~ New HVAC ~ New floors ~ New water heater ~ ~ Accessible big backyard ~ Come see this home today!!

  Itzel Sanchez Bustamante Keller Williams

  1243 Newark Ave, Memphis, TN 38106
• 

  

  /13

  $124,900

  • 5 Beds
  • 2.5 Baths
  • 2,200+ Sq Ft

  449 Fernwood Ave, Memphis, TN 38106

  INVESTORY ONLY! Tenant occupied and professionally managed home. This could be a great addition to your investment portfolio. Currently rent for $1470/mo with a $1395 deposit on file. Lease ends 3/31/26. Large home. Many homes in this area are being rehabbed and sold for more money. Lease, ledger, and payment/repair history are available upon request. Do not approach or disturb tenant. No

  Tyler Tapley Crye-Leike, Inc., REALTORS

  449 Fernwood Ave, Memphis, TN 38106
• 

  

  /14

  $129,000

  • 3 Beds
  • 1.5 Baths
  • 1,200+ Sq Ft

  2112 Benton St, Memphis, TN 38106

  Charming fully renovated home with modern updates with classic charm. This stunning property features an open floor plan, creating a bright and airy atmosphere perfect for entertaining or everyday living. Spacious living room and cozy sitting area, offering plenty of space to relax and unwind. The large kitchen with ample counter space, and stylish cabinetry. Inviting front porch,large yard.

  Crystal Mitchell Renshaw Company, REALTORS

  2112 Benton St, Memphis, TN 38106
• 

  

  /21

  $129,900

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

  1646 Clancy St, Memphis, TN 38106

  This charming 3-bedroom, 1-bathroom home is ideal for first-time home buyers or savvy investors looking for a turn-key ready property. This move-in ready gem has been thoughtfully updated from top to bottom, offering peace of mind and modern comfort. Recent upgrades include a brand-new 3-ton HVAC system, all-new plumbing throughout, a durable 30-year roof, new flooring, fresh interior paint, and

  Courtney Clark Keller Williams

  1646 Clancy St, Memphis, TN 38106
• 

  

  /10

  $100,000

  • 3 Beds
  • 1 Bath
  • 1,400+ Sq Ft

  1535 Southern Ave, Memphis, TN 38114

  Lots of potential for this investor special! Currently being marketed for rent!

  Alissa Fowler CrestCore Realty MphsBrokerage

  1535 Southern Ave, Memphis, TN 38114
• 

  

  /17

  $175,000

  • 3 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  1131 Rozelle St, Memphis, TN 38106

  Minutes away from Cooper Young and Overton Square. Located in Glenview, This home has been beautifully renovated and great for entertaining. This is a 3 bed 2 bath home with an open floor plan. Island in the kitchen, New cabinets, light fixtures, and countertops. LVP flooring throughout the property. Huge backyard. This one available for 100% financing through Cadence Bank.

  Antonio Walton The Home Partners Realty

  1131 Rozelle St, Memphis, TN 38106
• 

  

  /5

  $165,000

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

  281 Bond Ave, Memphis, TN 38106

  INVESTORS, this one is for you. Cash flowing rental property with guaranteed income! Monthly rent of $1,441 is 100% covered by Section 8. Lease ends on 9/30/2025. Minimal maintenance brick home under 20 years old, with a responsible tenant happily in place. Let this be the next step in your investing journey. DO NOT DISTURB TENANTS. No showings without an accepted offer.

  Joseph Johnson BEST Real Estate Company

  281 Bond Ave, Memphis, TN 38106
• 

  

  /21

  $119,000 Open Sun 2PM - 4PM

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

  726 E Gage Ave, Memphis, TN 38106

  ***Just added New Privacy Fence around the property****This cute house just got a makeover! It has a new roof, so it’s all set for any weather. Inside, there are two bedrooms and one bathroom, all redone and looking great. The floors are new everywhere in the house, making it feel fresh. The kitchen has shiny new appliances, ready for you to use. It’s a great pick for first-time homebuyers or

  Samiha Alward Keller Williams

  726 E Gage Ave, Memphis, TN 38106
• 

  /2

  $110,000

  • 3 Beds
  • 1 Bath
  • 1,800+ Sq Ft

  1646 Foster Ave, Memphis, TN 38106

  Opportunity Knocks! Excellent fix and flip option. Home is located on a corner lot and has had major improvements/updates. Could be worth a lot of money once fully rehabbed. Property is vacant. Seller has done exterior repairs plus new flooring and new interior paint. Many homes in this area/location are being rehabbed and sold for more money. Could be a great primary residence or investment

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1646 Foster Ave, Memphis, TN 38106
• 

  

  /11

  $124,000

  • 3 Beds
  • 1 Bath
  • 1,400+ Sq Ft

  1054 E Alcy Rd, Memphis, TN 38106

  Great Investment Opportunity! Rehab has already begun on this property, making it the perfect project for investors looking to add value. Featuring beautiful real hardwood floors throughout, this home is priced low for a quick sale. Don’t miss out on the chance to turn this property into a fantastic investment. Make it your next project today!

  Kiara Bridges J Hunter Realty

  1054 E Alcy Rd, Memphis, TN 38106
• 

  

  /4

  $119,900

  • 2 Beds
  • 1 Bath

  1772 Preston St, Memphis, TN 38106

  Investors Only. Tenant occupied property for sale! Don't disturb tenants! Rehabbed Home. Rent is $1200/mo. Could be a great addition to your rental portfolio if you are an investor. Seller selling multiple properties in addition to this property and some of the homes have Section 8 tenants (Government Subsidized) with guaranteed rents in place (please ask and verify prior to making offer)!

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1772 Preston St, Memphis, TN 38106
• 

  

  /3

  $105,000

  • 3 Beds
  • 2 Baths
  • 1,400+ Sq Ft

  1622 Elvis Presley Blvd, Memphis, TN 38106

  Back on the market and price is reduced!! Nice investment property with equity and good potential monthly cash flow. The main house has 3 bedrooms, a bonus room, kitchen and a full bathroom. There is a converted private side with a bedroom, living room and a full bathroom. Seller has made several updates to this home which has a newer HVAC, new Hot Water Heater, new interior Paint and some new

  Connie Davis Lawrence Johnson, REALTORS

  1622 Elvis Presley Blvd, Memphis, TN 38106
• 

  

  /24

  $199,900

  • 5 Beds
  • 4 Baths
  • 3,800+ Sq Ft

  1358 S Parkway Ave E, Memphis, TN 38104

  OPEN HOUSE SUNDAY MAY 11 from 2-4 PM. INSTANT EQUITY! Priced to SELL at less than $50/ sq. ft. Beautiful, Classic and Well Maintained 1951 Brick home on three levels. Almost 4000SF! Mostly Fenced Backyard. Central Heat and Air. Gorgeous lot! On a beautiful Boulevard street. Large Living/ Dining Rm combination with FP. Breakfast Room. Family Rm on main flr w/ FP. Incredible original kitchen and

  Van Preston KAIZEN Realty, LLC

  1358 S Parkway Ave E, Memphis, TN 38104
• 

  

  /11

  $119,999

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  1601 Glenview Ave, Memphis, TN 38106

  This 2-bedroom, 1-bath home is perfect for investors or first-time buyers. Newly renovated. Instant equity. Conveniently located near major highways and local amenities. Don’t miss this affordable gem—schedule your showing today! Owner/Agent seller.

  Carlos Thomas Epique Realty

  1601 Glenview Ave, Memphis, TN 38106
• 

  

  /12

  $129,900

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

  1410 South Ave, Memphis, TN 38106

  Older home with a complete remodel. New windows, interior & exterior paint, kit, bath, laminate flooring, lighting, insulation, stud walls, sheetrock, new shingles, much of the plumbing and electrical. Updated HVAC system, duck work, appliances include range hood, stove, refrigerator, garbage disposal. ****RENTED SECTION 8 FOR $1365 PER MONTH. SHOWING AFTER OFFER HAS BEEN ACCEPTED.

  Cal Aycock KAIZEN Realty, LLC

  1410 South Ave, Memphis, TN 38106
• 

  

  /39

  $200,000

  • 4 Beds
  • 3 Baths
  • 3,200+ Sq Ft

  1674 S Parkway E, Memphis, TN 38106

  Sale price reduce to $62.50 per square feet. Whether you’re searching for a primary residence, an investment property, or a lucrative Airbnb opportunity, this custom-built gem has it all! Situated on a prestigious over half-acre lot, this stunning home boasts over 3,000 sq. ft. of living space - 4 bedrooms and three bathrooms - a spacious living room, a cozy den, a formal dining room, a large

  Area Mays KAIZEN Realty, LLC

  1674 S Parkway E, Memphis, TN 38106
• 

  

  /12

  $127,000

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

  1499 Ragan St, Memphis, TN 38106

  Totally renovated!!!! Floors, Kitchen, Bathrooms New fixtures and more Come see it!!!! Temporally Tenant occupied month to month

  Mayra Viscaya Fast Track Realty, LLC

  1499 Ragan St, Memphis, TN 38106
• 

  

  /16

  $185,000

  • 3 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  1616 Kendale Ave, Memphis, TN 38106

  Step into the charm of this beautifully maintained 3-bedroom, 2-bathroom home located in the desirable Glenview historic district. Featuring fresh paint throughout, this home blends classic character with modern comfort. Gorgeous hardwood floors add warmth and elegance, while a dedicated laundry room and pantry provide everyday convenience. Fenced backyard for enhanced privacy. Enjoy spacious

  Joye Miller Crye-Leike, Inc., REALTORS

  1616 Kendale Ave, Memphis, TN 38106
• 

  /2

  $150,000

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

  1388 Gaither St, Memphis, TN 38106

  Investor Opportunity!!! Bring all Offers!! Cash flow rental property with tenants already!! Long term tenants have a garden. The first level is 3 bedrooms and Bath, the second level (below) is 4 bedrooms and Bath. DO NOT DISTURB TENANTS, NO SHOWINGS WITHOUT ACCEPTED OFFER, NO WHOLESALE/ASSIGNMENT OF CONTRACT OFFERS. PROOF OF FUNDS!!!! No repairs, as-is. No sign in yard

  Cheryl Henderson-Banks Crye-Leike, Inc., REALTORS

  1388 Gaither St, Memphis, TN 38106
• 

  /2

  $105,000

  • 3 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  1463 Ragan St, Memphis, TN 38106

  This property is already collecting income. It rents for $800.00 and tenants have lived here for 10 years, rent has not been raised. It can be raised bythe new owner. Please do not disturb tenants. Will show property when an accepted offer is received. Please do not disturb tenants. Will show interior upon accepted offer.

  Elbert Carr Crye-Leike, Inc., REALTORS

  1463 Ragan St, Memphis, TN 38106
• 

  /2

  $119,900

  • 1 Bed
  • 1 Bath
  • 960 Sq Ft

  1463 Effie Rd, Memphis, TN 38106

  DO NOT THE TENANT! This duplex offers a potential rental income of $1400! It features one bedroom and one bathroom. The units have been renovated and are ready for a prospective new owner.

  Sherita McCray Assured Real Estate Services

  1463 Effie Rd, Memphis, TN 38106
• 

  /2

  $129,000

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

  1814 Marjorie St, Memphis, TN 38106

  Welcome to this charming 3-bedroom, 2.5-bath home located in a quiet, desirable neighborhood! The property features a spacious layout, perfect for both everyday living and entertaining. Enjoy the convenience of an open kitchen and dining area, a large living room with plenty of natural light, and a cozy backyard for relaxation or gatherings. The master bedroom includes full bath, while the two

  Ali Nawaz KAIZEN Realty, LLC

  1814 Marjorie St, Memphis, TN 38106
• 

  /2

  $179,000 New Construction

  • 3 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  484 Lucy Ave, Memphis, TN 38106

  **Brand New Construction Under $200,000 – 3 Beds, 2 Baths** Discover this rare opportunity to own a brand new home in the heart of the 38106 zip code, set for completion by May 2025 or possibly sooner! This charming home offers 3 bedrooms and 2 full baths, perfect for modern living. Enjoy an open-concept floor plan featuring a spacious living area that flows seamlessly into the kitchen,

  Tina Smith PottersHouse Realty, LLC

  484 Lucy Ave, Memphis, TN 38106

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