3-Bedroom Houses in 38109 under $200,000

• 

  

  /2

  $119,900

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

  222 Delta Rd, Memphis, TN 38109

  Great Turnkey Investment Opportunity exceeding the 1% rule in the Acklena Land Company Block! Drive by ONLY! Tenant occupied. DO NOT DISTURB THE TENANT! Leased at $1,380/month until October 2026. Cash tenant. Make offers contingent on inspection. Copy of the lease available upon request. Fully Renovated in 2023, Ask your agent to see prior MLS listing ID's for inside pics.

  

  Jordan Ray

  eXp Realty, LLC

  (901) 676-9141

  222 Delta Rd, Memphis, TN 38109
• 

  

  

  /21

  $175,000

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

  519 Dreger Ave, Memphis, TN 38109

  Updated & Move-In Ready! This charming Memphis home has just been freshened up with a modern, neutral look. The sellers have repainted the interior, replacing the former gray tones with a clean, crisp white that enhances the natural light and creates a bright, inviting atmosphere. The hardwood floors have been beautifully restored to their natural color and finished with a rich stain, giving the

  

  Samiha Alward

  Keller Williams

  (901) 883-7161

  519 Dreger Ave, Memphis, TN 38109
• 

  

  

  /15

  $128,900

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

  3953 Hedgerow Dr, Memphis, TN 38109

  Are you ready for a move in ready home? This home qualifies for DPA/ City of Memphis program. Three bedrooms, 1 full bath, living room, eat in kitchen, and a den. Home has AC unit (3 years old) and one window unit for even more comfort. The roof is only 8 years old. Come see why you will love this spacious home.

  Andre Pruitt TRG Real Estate Services, LLC

  3953 Hedgerow Dr, Memphis, TN 38109
• 

  

  

  /5

  $129,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4039 Trevathan Cir, Memphis, TN 38109

  Investor Special! This tenant-occupied property offers 3 bedrooms, 1 bathroom, and a versatile den—perfect for use as an additional bedroom, office, or lounge area. Currently leased at $1,350/month and professionally managed, it's a turnkey addition to any investment portfolio. The lease expires 2/13/2026. Conveniently located just 18 minutes from Downtown Memphis and 17 minutes from Midtown.

  Raven Henderson KAIZEN Realty, LLC

  4039 Trevathan Cir, Memphis, TN 38109
• 

  

  

  /25

  $129,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  5341 Bradcliff St, Memphis, TN 38109

  First time buyers or investors...check out this move-in ready 3 bedroom one bath under $130K. Updated lighting, flooring, and bath. Attractive neutral colors throughout. Exterior was painted approximately one year ago. Nice curb appeal with a carport. Nice and neat! Just south of Holmes Rd. and Tulane Rd.

  Mike Ward Crye-Leike, Inc., REALTORS

  5341 Bradcliff St, Memphis, TN 38109
• 

  

  /15

  $135,000

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

  507 Tonto Rd, Memphis, TN 38109

  This beautiful home has been completely renovated!!! It features smooth ceilings, updated gold fixtures throughout the home, new paint on the interior and exterior, new hot water tank, brand new stainless steel kitchen appliances, and the original hardwood floors have been revitalized!!! The kitchen and bathroom were completely gutted on this home, so everything is brand new!!! The kitchen and

  Joye Martin Miller Martin Realty

  507 Tonto Rd, Memphis, TN 38109
• 

  

  /8

  $139,900

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

  3829 Ford Rd, Memphis, TN 38109

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $935 per month and is on a lease from 4/01/2025 until 03/31/2026. This property was newly renovated in 2023 and received a new hot water heater, new furnace, and new HVAC system as well. In 2023, the property also received new flooring, doors, security doors, fresh paint throughout, and a newly

  Mark Hart Reedy & Company, REALTORS

  3829 Ford Rd, Memphis, TN 38109
• 

  

  /12

  $135,000

  • 3 Beds
  • 1.5 Baths
  • 1,000+ Sq Ft

  171 Loraine Rd, Memphis, TN 38109

  REDUCED!!! Nice Home located in an Established Neighborhood. Home needs some updating, but there are many amenities. 3 Bdrms - 1.5 baths, LR, Den, Quaint kitchen with eat-in area, laundry room and fenced backyard. Sellers are leaving the furniture for Buyer including stove, fridge and deep freezer "as is". Fresh coat of paint over the paneled walls would create a New LOOK to shine with the

  Erma Williams Crye-Leike, Inc., REALTORS

  171 Loraine Rd, Memphis, TN 38109
• 

  

  /15

  $130,000

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

  1852 Swift St, Memphis, TN 38109

  $0 Down Payment Required for Qualified Buyers! Updated 3 Bed, 2 Bath Home with Carport, $130,000, 1540 Sq Ft. Whether you're a first-time homebuyer or a savvy investor, this charming 3-bedroom, 2-bath home is a must-see! Priced at $130,000 and offering 1,540 sq ft of living space, this property is move-in ready with updates throughout, and the home recently appraised at $148,000! Do not disturb

  Courtney Staples Keller Williams

  1852 Swift St, Memphis, TN 38109
• 

  

  /23

  $140,000

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

  3590 Weaver Rd, Memphis, TN 38109

  Charming Move-In Ready Home with Spacious Rooms under $150K! Welcome to this beautiful budget-friendly gem, generously sized rooms, fresh updates, large living area. The home sits on a well-kept lot with a private backyard and a screened porch. Back on the market-No fault of the seller.

  Flor Bernal Crye-Leike, Inc., REALTORS

  3590 Weaver Rd, Memphis, TN 38109
• 

  

  /19

  $148,000

  • 3 Beds
  • 2 Baths
  • 1,800+ Sq Ft

  468 Braycliff Ave, Memphis, TN 38109

  Delightful 3-bedroom, 2-bath home offering comfort, functionality, and plenty of potential. Inside, you’ll find a living room perfect for relaxing, a versatile den ideal for a home office or guest space, and a practical kitchen ready for your personal touch. Step outside to a generously sized yard with room for gardening, play, or outdoor gatherings. Priced to sell and being sold as is, this

  Shavona Davis United Real Estate Mid South

  468 Braycliff Ave, Memphis, TN 38109
• 

  

  /16

  $127,100

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3667 Southland St, Memphis, TN 38109

  Terrific investment opportunity. Professionally managed and cash flowing property. Deposit is $900. Rent is $1271/mo. Lease expires 07/29/25 Professionally managed by Renshaw. Lease and ledger are available upon request. Seller has multiple properties for sale. Can buy individucally or in bulk. All properties are professionally managed. The addresses are 3667 Southland, 1364 Viscoscia, 3263

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3667 Southland St, Memphis, TN 38109
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  /2

  $132,900

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

  79 E Shelby Dr, Memphis, TN 38109

  This home was renovated 3 years ago. This is perfect for a first time home buyer, or investor, looking to make good rental income. Tenant just moved out. Will be ready to show starting 04/21/2025.

  Joye Martin Miller Martin Realty

  79 E Shelby Dr, Memphis, TN 38109
• 

  

  /5

  $105,000

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

  4097 Mossville St, Memphis, TN 38109

  INVESTORS ONLY! Tenant occupied property. Charming 3 Bed 1Bath home that is currently rented at $841 per month. Home is professionally managed by a local property management company. This is a great investment property to add to any portfolio. Seller is also selling 3271 Morningside ($50k), 3791 Marvin ($93k), 2933 Radford ($85k) and 1898 McLemore. No Creative Or Owner Financed Offers. No

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4097 Mossville St, Memphis, TN 38109
• 

  

  /30

  $124,900

  • 3 Beds
  • 1.5 Baths
  • 1,000+ Sq Ft

  123 Loraine Rd, Memphis, TN 38109

  Investor opportunity in a strong rental market! This all-brick, low-maintenance, charming 3-bedroom, 1.5-bath home offers 1,080 sq. ft. of living space on a fenced 0.15-acre lot. Features include central heat and air, newer dimensional roof, updated electrical panel with room to expand, new thermostat, Kwikset SmartKey exterior locks, new LED lighting throughout, new switches/outlets/GFIs, and

  Heath Gooch STIXNBRIX

  123 Loraine Rd, Memphis, TN 38109
• 

  

  /12

  $110,000

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

  4509 Double Tree Rd, Memphis, TN 38109

  Excellent opportunity to start investing or add to your current portfolio. Have a look

  Tia Jennings Keller Williams

  4509 Double Tree Rd, Memphis, TN 38109
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  /26

  $170,000

  • 3 Beds
  • 2 Baths
  • 1,800+ Sq Ft

  4428 Namur Cove, Memphis, TN 38109

  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 and double French doors that open out onto the backyard patio. The kitchen has some

  Darcus Payne Keller Williams

  4428 Namur Cove, Memphis, TN 38109
• 

  

  /22

  $112,000

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

  4849 Hodge Rd, Memphis, TN 38109

  Investor Special! This property sits on a spacious 1-acre lot and offers great rental potential. Some major updates already completed include new windows (2023), updated electrical panel & plumbing (approx. 3 years ago), and a 2-year-old hot water tank. The home also features an enclosed carport. Needs a little TLC to make it shine! Don’t miss this opportunity to own a solid investment! Property

  Chelena Allen BenchMark REALTORS, LLC

  4849 Hodge Rd, Memphis, TN 38109
• 

  

  /10

  $115,000

  • 3 Beds
  • 1 Bath

  518 Jenson Rd, Memphis, TN 38109

  Updates like a newly construction home. New roof, HVAC system installed, new interior & exterior paint. Granite counters Pre- inspection completed. New Kitchen Appliances installed prior to closing. Schedule your tour before it’s gone!" Nestled in the charming White Haven-Coro Lake neighborhood, this beautifully updated single-family home blends mid-century character with modern comforts.

  Tina Smith PottersHouse Realty, LLC

  518 Jenson Rd, Memphis, TN 38109
• 

  

  /24

  $120,000

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

  303 Fields Ave, Memphis, TN 38109

  This 3 bed, 2 bath home offers peace of mind with a brand-new roof, HVAC, water heater, exterior paint, privacy fence, and all-new kitchen appliances. The layout features two oversized bedrooms, including one with double closets and a spacious walk-in. Enjoy the generous backyard, perfect for relaxing, entertaining, or letting kids and pets play. Seller is open to including large furniture items

  Gloria De Leon Fast Track Realty, LLC

  303 Fields Ave, Memphis, TN 38109
• 

  

  /21

  $110,000

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

  3932 Dearborn St, Memphis, TN 38109

  Looking for a charming little haven that checks all your boxes? This 3-bedroom, 1-bathroom home is calling your name! Would also make a great Investment property. The layout is super convenient with a single-story design, making it perfect for anyone who wants easy living. Got laundry? No problem! Washer and dryer connections are ready to go. Ready to make this house your home? Don't miss out

  Jeff Goff Keller Williams

  3932 Dearborn St, Memphis, TN 38109
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  /8

  $125,000

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

  668 Westview Rd, Memphis, TN 38109

  Welcome to this charming 3-bedroom, 1- bathroom home situated on a generous 0.71-acre lot, offering ample space for outdoor activities and entertaining. A highlight of this property is the large den/great room addition, perfect for creating your ideal family room, home office, or play area. The floor layout allows for natural light to flow throughout the living spaces, enhancing the warm and

  Sharon Harris Keller Williams

  668 Westview Rd, Memphis, TN 38109
• 

  

  /18

  $115,000

  • 3 Beds
  • 2 Baths
  • 800+ Sq Ft

  4334 Melwood St, Memphis, TN 38109

  Home has been recently renovated. New flooring, new roof, painted throughout interior of home. Last rental amount $1100 A must see.

  Anna Kelly Trinity Management, LLC

  4334 Melwood St, Memphis, TN 38109
• 

  

  /11

  $109,500

  • 3 Beds
  • 2 Baths
  • 800+ Sq Ft

  160 Silverage Ave, Memphis, TN 38109

  Step into this freshly renovated 3-bedroom, 2-bath home where every detail has been thoughtfully updated. Featuring brand-new cabinets, modern flooring, and a bright, inviting layout, this home is perfect for those looking for style and comfort. With renovated bathrooms and a fresh, neutral color palette throughout, all that’s left is to move in and make it yours. Investor Bonus: Tenants are

  Jonathan Nunez Fast Track Realty, LLC

  160 Silverage Ave, Memphis, TN 38109
• 

  

  /13

  $115,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4826 Peace St, Memphis, TN 38109

  3 bedroom, 1 bath. Previously renovated home. New furnace, washer and dryer connection in the kitchen. Spacious front yard and backyard. Storage/workshop area under the carport. Previous tenant created some cosmetic damage. Would like to sell "as is"

  Christy Flatley Tiger Realty

  4826 Peace St, Memphis, TN 38109
• 

  

  /15

  $115,126

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

  1578 Kansas St, Memphis, TN 38109

  Price Reduced. Investors don’t miss this charming home that blends comfort, convenience, and value! Step into the enclosed front screen porch—perfect for relaxing year-round. Inside, you’ll find three spacious bedrooms and two full bathrooms, along with beautiful hardwood flooring throughout. The home features a brand-new HVAC unit and new vinyl windows, offering energy efficiency and peace of

  Area Mays KAIZEN Realty, LLC

  1578 Kansas St, Memphis, TN 38109
• 

  

  /22

  $112,000

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

  1662 Monsarrat St, Memphis, TN 38109

  INVESTORS ONLY! Tenant occupied property being marketed to investors. This home could be a wonderful addition to your portfolio. Home was substantially renovated in 2022 with a new HVAC system and several other upgrades in Spring 2025 and is currently rented at $1025 per month. This property is professionally managed (lease, ledger, repair history available upon request). This property is

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1662 Monsarrat St, Memphis, TN 38109
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  /8

  $112,900

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

  4989 Neely Rd, Memphis, TN 38109

  Investment Opportunity to add to your portfolio. Tenant occupied on two-year lease at $985 this year and $1035 next year. Home was updated recently with new LVP in common areas, carpet in bedrooms, updated kitchen with new cabinets and counter tops and updated bathroom! New paint and lighting! Need a Quick Sell? We are always looking for homes to buy. Will take them "as is" without

  Andrew Akins CB Properties of Memphis, LLC

  4989 Neely Rd, Memphis, TN 38109
• 

  

  /11

  $148,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3807 Glenburee St, Memphis, TN 38109

  NEWLY RENOVATED! This home features new flooring thru-out, new kitchen counter tops & cabinets, vent a hood, huge fenced backyard and etc.. This beautiful home is cheaper than rent and will be perfect for a first time homebuyer or perfect for an investor that wants to add to their portfolio. Tenant occupied. Currently paying $1250/mth. Lease ends August 31, 2025.

  Raquel Curry KAIZEN Realty, LLC

  3807 Glenburee St, Memphis, TN 38109
• 

  

  /27

  $120,000

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

  858 Eyers Rd, Memphis, TN 38109

  RECENTLY REHABBED & READY TO GO! Painted brick home with 3 bedrooms and 2 bathrooms that is tenant occupied. This is a turnkey investment sale that is currently rented at $850. Professionally managed property (lease, ledger, work order and payment history available upon request). ONLINE VIDEO AVAILABLE UPON REQUEST. Nice floor plan with large kitchen and den plus huge primary bathroom. Seller

  Tyler Tapley Crye-Leike, Inc., REALTORS

  858 Eyers Rd, Memphis, TN 38109
• 

  

  /14

  $180,000

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

  5028 Elton Cove, Memphis, TN 38109

  NEW PRICE ADJUSTMENT! Charming Move in Ready Home with 3 bedrooms and 2 baths. Spacious living room w/fireplace. Remodeled Bathroom & Kitchen, new light fixtures. Tenant occupied. Tenants are on a month to month payment. Please do not disturb the tenants. Showings by appointment only.

  Vuanita Jones-McArthur BEST Real Estate Company

  5028 Elton Cove, Memphis, TN 38109
• 

  

  /19

  $105,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4264 Double Tree Rd, Memphis, TN 38109

  Perfect for investor or homebuyer . Beautifully renovated 3bed, 1bath gem on a large corner lot, perfect for homebuyers or investors. Step into move in ready living with a bright open layout, updated kitchen, and modern finishes throughout. The oversized yard offers endless potential for entertaining, gardening, or future expansion. Located in a quiet, convenient neighborhood close to schools,

  Cali Neal KAIZEN Realty, LLC

  4264 Double Tree Rd, Memphis, TN 38109
• 

  

  /13

  $100,900

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

  5130 Pickett Cove, Memphis, TN 38109

  Welcome to 5130 Pickett Cove—a warm and inviting 3-bedroom, 1-bath single-family home nestled in a quiet, friendly neighborhood in Memphis, TN 38109. This well-kept residence offers a comfortable layout with classic hardwood floors, climate control with air conditioning and heat, and window coverings throughout. Additional features include a carport, mirrors, and stylish interior touches. Whether

  James Wachob Foundation Property Management

  5130 Pickett Cove, Memphis, TN 38109
• 

  

  /19

  $119,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  559 Hemsley Ave, Memphis, TN 38109

  Wonderful 3 bedroom 1 bathroom home with covered parking being offered at a great price. Home is in MOVE-IN CONDITION and has been well maintained. Tons of updates and special features including luxury vinyl plank flooring, new interior paint, updated kitchen and bathroom, plus gas cooking, etc. Seller open to helping with closing costs, providing a home warranty, and purchasing a brand new

  Tyler Tapley Crye-Leike, Inc., REALTORS

  559 Hemsley Ave, Memphis, TN 38109
• 

  

  /10

  $117,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  1010 Leacrest Ave, Memphis, TN 38109

  RENTED $1200 per month $1057 MHA, Appraised for $126,000 4/15/2025. Home completely remodeled: new roof, Exterior paint, Hot Water Heater, HVAC condenser and coil. New Fence. New interior Flooring, paint, bathroom and Kitchen. Lease in Documents. Do not miss out on this one!

  Brett Bernard The Stamps Real Estate Company

  1010 Leacrest Ave, Memphis, TN 38109
• 

  

  /8

  $109,000

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

  4335 Ford Rd, Memphis, TN 38109

  Come and check out this beautiful brick home! It’s a 3 bed 1 bath home With updates throughout. It has new flooring, fresh new look in the bathroom with new tile surround and a brand new roof. Come check this one out for yourself and be impressed! This home qualifies for 100% financing and closing costs assistance. Seller will do lease purchase with $3500 down and $1000 per month.

  Michelle Hayes Thomas Hayes Homes and Realty, Inc

  4335 Ford Rd, Memphis, TN 38109
• 

  

  /21

  $184,849

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

  113 Pettite Cove, Memphis, TN 38109

  Don’t miss this rare opportunity to own a truly move-in ready home. Schedule a tour today and see how this fresh renovation can be your next chapter in Memphis living! Qualified buyers may receive up to $15,000 in assistance with approved lenders and programs. Great opportunity for buyers seeking affordability with support. Seller will consider doing a one year lease.

  Charlene Bailey Exit Realty Blues City

  113 Pettite Cove, Memphis, TN 38109
• 

  

  /14

  $109,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4374 Ford Rd, Memphis, TN 38109

  *Last contract failed due to no fault of seller* Neat as a pin. Offers 3 bedrooms, 1 bath, separate living room & eat in kitchen. The interior has mostly laminate flooring & carpet in one bedroom. The exterior is brick & vinyl siding. Also has a 1 car attached carport. Must see!!!

  Jimmie Hopson Crye-Leike, Inc., REALTORS

  4374 Ford Rd, Memphis, TN 38109
• 

  

  /25

  $199,900

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

  

  /7

  $109,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  11 W Rollins Rd, Memphis, TN 38109

  Fully Renovated 3BR Home on a Large Lot. Tenant occupied at $1,025/mo. Professionally managed. 2023 Renovation: New roof, windows, floors, kitchen, bath, paint, fixtures. Modern LVP flooring, updated kitchen with new cabinetry + countertops. Spacious backyard on large lot — perfect for pets or entertaining. Located near schools, parks, and major employers. Located just minutes from: - FedEx &

  William Haynes Crye-Leike, Inc., REALTORS

  11 W Rollins Rd, Memphis, TN 38109

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