Homes in 38106 under $200,000

Dont miss your opportunity to grab this Duplex Investment property near the University of Memphis. One side that is currently occupied and the seller is working to occupy the other side at market rent. This property is centrally located near tons of jobs and commerce with the ability to be anywhere in the city in 15 minutes. Unit 1657 is occupied with monthly rent of $795.00, lease ends on

Dean Harris CrestCore Realty MphsBrokerage

INVESTORS ONLY! Turnkey, cash-flowing duplex generating $1,460/month with long-term, reliable tenants in place. Unit 508 rents for $650 (tenant since 12/1/2018; lease through 11/30/2026). Unit 510 rents for $810 (tenant since 12/1/2023; lease through 12/31/2026). Both tenants are current with excellent payment history. Renovated in 2018 with a new roof, HVAC, water heater, and cosmetic updates.

Jeremy Veldman KAIZEN Realty, LLC

Welcome to 1287 S Parkway in Memphis, TN 38106—a spacious 4-bedroom home in South Memphis offering 2,900 plus square feet of living space. This large Memphis home is perfect for buyers seeking affordable housing in Memphis, multi-generational living, or a strong investment property opportunity. Featuring a flexible layout with generously sized rooms, this property is ideal for a large family

Eric Crutcher Doorstep Realty

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

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

Great opportunity for a First Time Buyer and cheaper than renting. This home has been refreshed and ready for a new buyer. Features 4 Bedrooms, 2 Baths, Hardwood / Broken tile flooring. Detached garage for plenty of storage space. Show and Sell today. Won't last long.

Daryl Lewis Infinity Group REALTORS, Inc.

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

Welcome home! Fully renovated 3 bed, 2 bath home featuring an open-concept layout and modern finishes throughout. Major system upgrades include all new electrical, plumbing, and HVAC (2024). Updated kitchen with new cabinets, countertops, backsplash, and stainless steel appliances. Both bathrooms have been fully remodeled. New luxury vinyl flooring throughout—no carpet! Exterior improvements

Uriel Salas United Real Estate Mid South

Fully renovated and move-in ready, newly updated, offering a fresh start with extensive updates throughout. Buyers will appreciate the clean, modern finishes and the feeling of essentially “like-new” living inside an established setting. With nearly everything updated inside and outside, this property offers the rare opportunity to own a dramatically improved home without the wait or uncertainty

Elizabeth Castillo BEST Real Estate Company

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

DPA accepted. This is your opportunity to own your home.

Andre Pruitt TRG Real Estate Services, LLC

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

Donita Ingram-Brim Doorstep Realty

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

Home has been totally renovated , with re-finished hardwood floor , updated bathroom . Home has 3 br down and an extra room upstairs that could be study or game room.

Trina Payne Performance, REALTORS

This home is a great opportunity for a short term rental located close to the Stax Museum. Home features 3 bedrooms, 2 bathrooms and includes the lot next to it. The open floor plan connects the living areas, while natural light creates a warm atmosphere. The renovated kitchen features modern lighting and updated appliances. House was previously a 4 bedroom and can easily be converted back.

Cristian Amparan The Home Partners Realty

One owner home, a diamond in the rough, mostly hardwood flooring will need major rehab, over 3000 sq ft

Howard Averyhart The Peyton Co., Inc., REALTORS

BACK ON THE MARKET! CONTRACT FAILED THROUGH NO FAULT OF SELLER. Perfect for Investors and First Time Buyers! This home is located minutes from expressway, Stax Museum, LeMoyne Owen College, Graceland , Midtown and Downtown! This home is also walking distance to Hamilton High School and Hamilton K-8 school! The home has been totally renovated and is ready to rent or move in! Fresh paint inside and

Verna Littleton Fast Track Realty, LLC

**New** If you need appliances or help with closing, please ask! Owner is willing to help a buyer on a budget! Recently updated throughout with modern finishes, LVP flooring, and refreshed paint. Spacious living area, functional kitchen with updated appliances, and comfortable bedrooms Perfect for owner/occupant or investor!

Scott Tomlinson eXp Realty

This spacious layout features 3 oversized bedrooms, a separate den used an oversized bedroom, formal dining, and a cozy living room with fireplace. Hardwood floors and an open kitchen offer charm with upside. New paint and new flooring throughout.

Sabaria Dean Fast Track Realty, LLC

Step inside and discover the perfect blend of style, comfort, and opportunity with this stunning new build by Premium Enterprise. This gem has a modern open concept design with 3 bedrooms and 2 full baths gorgoeous stain concerete floors. Buyers can take advantage of 100% financing options, along with multiple down payment assistance programs that can be combined for an even smoother path to

Kenya Harrison Infinity Group REALTORS, Inc.

Charming home located in Memphis, TN, offering a welcoming atmosphere with its spacious living areas and abundant natural light. The property features 4 bedrooms and 2 bathrooms, providing ample space for all your needs. Enjoy the convenience of a well-appointed kitchen, a cozy living room, and a lovely backyard appropriate for outdoor activities. The home is situated in a friendly neighborhood

Steven Koleno Beycome Brokerage Realty LLC

RARE OPPORTUNITY! 2 Homes, 1 Deal – Endless Potential! Two houses on one property at 1025 Wichita Ave – sitting on 1/3 of an acre! Main Home: 4 BR, 2 BA with primary suite downstairs Guest Home: 2 BR, 2 BA with soaring ceilings + loft living area New roofs on both homes! Both homes have fire damage, but some work has already been done—this property just needs the right touch to complete the

Tondia Shotwell-Bouie Crye-Leike, Inc., REALTORS

Move in ready 3/1 that backs up to Glenview Park! Close to to Cooper-Young! Vacant, easy to show! No owner/creative financing.

Caleb Parr Renshaw Company, REALTORS

Fully renovated, turnkey rental. This home features a new 30-year roof, exterior paint, updated lighting, and smart locks. Exterior updates include a new mailbox, crawl space panels, siding and window repairs, landscaping cleanup, painted porch and railings, and fence removal. Inside offers fresh paint, LED lighting, blinds, hardware, and repaired walls, outlets, and doors. Safety is enhanced

James Wachob Foundation Property Management

INVESTOR SPECIALS......DRIVE BY ONLY...TENANT OCCUPIED...DO NOT DISTURB TENANT...THIS IS A VERY NICE 3-BEDROOM 2.5-BATH HOME. INCOME PRODUCING PROPERTY. FINANCIALS WILL BE PROVIDED UPON OFFERS RECEIVED.

Sherita McCray Assured Real Estate Services

DO NOT DISTURB THE TENANTS!!! Looking to add to your portfolio. This duplex brings in $1200 a month ($600 each side) This 1-bedroom and 1-bath duplex has tenants on both sides. These units were freshly painted about a year ago.

Sherita McCray Assured Real Estate Services

Great opportunity to own a nearly finished renovation in an up-and-coming area of South Memphis. This property is still under construction, allowing the next owner to add final touches and maximize value. Major systems have already been updated, including new electrical and plumbing, providing a solid foundation for completion. Ideal for investors or owner-occupants looking to customize their

Zakiyyah Langford MLE Realty, LLC

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

Preston Butts Coldwell Banker Collins-Maury

Beautiful new construction in a very nice and quiet block of South Memphis. The home features three bedrooms and two full bathrooms, a primary bedroom, a spacious laundry room, a large open-concept living room, dining room, and a kitchen with soft-close shaker cabinets, quartz countertops, a large island, and a separate pantry.

Jonathan Minerick homecoin.com

Don’t miss your chance to own this charming property bordering the desirable Historic Glenview community. This home features 3 bedrooms and 2 full baths, along with an additional flexible room on the side of the home that could easily serve as a 4th bedroom, office, or bonus space. Previously renovated by the prior owner and operated as a successful Airbnb, this property offers excellent

Chris Mosby ResiAmerica, Inc.

Property being sold as is - where is. Great investment opportunity on this all brick 4 unit apartment building. All units are 2 bedroom 1 bath units. Some units have wood floors, vinyl floors or concrete floors. All units have the same floor plan. Building offers parking in the rear!

Matt Wood Chamberwood Realty Group