Homes in 38109 under $200,000

• 

  

  

  /23

  $175,000

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

  519 Dreger Ave, Memphis, TN 38109

  Charming One-Level Living in Whitehaven! Discover this well-maintained 3-bedroom, 2-bath home in the Whitehaven area. This single-level residence offers spacious living with a welcoming great room featuring a cozy fireplace. The traditional eat-in kitchen is ideal for casual dining, and hardwood floors add warmth and character throughout. Enjoy a nice-sized lot with a generous backyard and a

  

  Samiha Alward

  Keller Williams

  (901) 883-7161

  519 Dreger Ave, Memphis, TN 38109
• 

  

  /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
• 

  

  

  /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
• 

  

  

  /24

  $135,000

  • 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
• 

  

  

  /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 new

  Mark Hart Reedy & Company, REALTORS

  3829 Ford Rd, Memphis, TN 38109
• 

  

  /23

  $139,900

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

  171 Loraine Rd, Memphis, TN 38109

  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 Diamond to shine with the hardwood

  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
• 

  

  /8

  $145,000

  • 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
• 

  

  /15

  $130,000

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

  1578 Kansas St, Memphis, TN 38109

  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 mind. Enjoy the

  Area Mays KAIZEN Realty, LLC

  1578 Kansas St, 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
• 

  

  /11

  $130,000

  • 2 Beds
  • 1 Bath
  • 1,350 Sq Ft

  284 Ingle Ave, Memphis, TN 38109

  BACK ON THE MARKET!!! NO FAULT OF THE SELLER OR THE PROPERTY!! LOOK NO MORE! WHAT A GREAT INVESTMENT TO ADD TO YOUR PORTFOLIO. COMPLETELY RENOVATED DUPLEX! Both sides occupied with a positive monthly income $1,348. 1yr lease in place for both tenants. Both sides were completely renovated in June 2024. New kitchen, flooring, bathrooms, paint, water heaters, HVAC systems. This one won't last! NO

  Stephanie Moss BEST Real Estate Company

  284 Ingle Ave, Memphis, TN 38109
• 

  /2

  $134,000

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

  4658 Honeysuckle Ln, Memphis, TN 38109

  Property for Sale As--Is for this price . It is in very good shape , only needs minor repairs . Has hardwood Floors thru-out , both baths have been updated , a previous front loading garage has been enclosed to form 4th br or large den . Side loading garage has been added so there is 2-Car covered parking . Solar powered Iron gate to enclosed back yard.

  John Payne Performance, REALTORS

  4658 Honeysuckle Ln, Memphis, TN 38109
• 

  /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
• 

  

  /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

  $200,000

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

  726 Harahan Rd, Memphis, TN 38109

  This charming one-story brick home features a bright living room perfect for entertaining and relaxing. The open kitchen offers a great space for cooking. The private primary suite includes a spacious bathroom. A second bedroom sits near a full guest bath, while two more bedrooms down the hall provide space for family or work. Out back, enjoy a yard—perfect for relaxing or entertaining. Vinyl

  Donnie Morrow eXp Realty, LLC

  726 Harahan Rd, Memphis, TN 38109
• 

  

  /6

  $130,000

  • Land
  • 2.08 Acres
  • $62,500 per Acre

  0 E Holmes Rd Unit 10202561, Memphis, TN 38109

  Build Your Dream Home on 2.08 Acres of Pure Possibility! Tucked away is this 2.08-acre lot offering the perfect canvas to bring your vision to life. Whether you're dreaming of a custom estate, a charming farmhouse, or a modern retreat, this spacious parcel provides room to spread out and breathe. Enjoy the privacy of a large lot with plenty of space for a garden, workshop, or outdoor living

  Melissa Blume Thompson eXp Realty

  0 E Holmes Rd Unit 10202561, Memphis, TN 38109
• 

  

  /26

  $125,000

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

  4838 Applestone St, Memphis, TN 38109

  Welcome home! Perfect starter home for a first time home buyer! Newer wood laminate flooring, screened in patio in backyard, huge storage building already wired with electricity, newer AC condenser, etc... Hurry and schedule your private showing before it's gone!

  Myles Wilson Keller Williams

  4838 Applestone St, Memphis, TN 38109
• 

  

  /12

  $104,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4355 Melwood St, Memphis, TN 38109

  Turnkey Investor Opportunity! 3 Bed/ 1 bath single-family home sits on a quiet cul-de-sac just minutes from the Fedex Hub and international airport! Major updates completed in 2022 including the roof, HVAC and new sewer lines/ drains, plus a new water heater in 2019--offering peace of mind for years to come. Currently professionally managed and leased through February 2025 to a tenant paying

  Andrew Akins CB Properties of Memphis, LLC

  4355 Melwood St, Memphis, TN 38109
• 

  

  /12

  $185,000

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

  324 E Raines Rd, Memphis, TN 38109

  Renovated property two years. Features hardwood floors, laminate flooring, large kitchen, and bathroom. Two bedrooms downstairs and two bedrooms upstairs. It's a must see. Contact Brokerbay for showings.

  Melody Martin 4 Success Realty, LLC

  324 E Raines Rd, Memphis, TN 38109
• 

  

  /19

  $169,900

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

  4605 Whitepine St, Memphis, TN 38109

  Completely Renovated 3BR/1.5BA Home! Move-in ready with tons of updates! Brand new flooring, cabinets, and bathrooms. Fresh paint throughout both inside and out. Spacious fenced backyard perfect for pets, or entertaining. Located in a quiet, established neighborhood. Don’t miss this one!

  Allen Nason Keller Williams

  4605 Whitepine St, Memphis, TN 38109
• 

  

  /11

  $149,000

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

  444 Honduras Dr, Memphis, TN 38109

  The property new roof, new doors, new window, new fence, new hvac system, newly painted interior/exterior, new water heater , updated plumbing. Please contact listing with any questions. Show proof of funds with offer.

  Murtaza Ali-Juma REMAX Experts

  444 Honduras Dr, Memphis, TN 38109
• 

  

  /7

  $150,000

  • Land
  • 3.64 Acres
  • $41,209 per Acre

  830 W Raines Rd, Memphis, TN 38109

  Prime 3.64-Acre CMU-1 Development Site—830?W?Raines?Rd., Memphis, TN Seize a rare opportunity to shape one of Whitehaven’s most visible corridors. This expansive 3.64-acre tract enjoys CMU-1 (Commercial Mixed-Use) zoning—Memphis’ flexible designation that welcomes retail, restaurant, office, medical, light industrial, multifamily, and live-work concepts (subject to site plan approval). A former

  Kenneth Woods eXp Realty, LLC

  830 W Raines Rd, Memphis, TN 38109
• 

  

  /21

  $120,000

  • 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
• 

  

  /30

  $200,000

  • 6 Beds
  • 2.5 Baths
  • 1,400+ Sq Ft

  516 E Raines Rd, Memphis, TN 38109

  Well-maintained 6-bed, 2.5-bath home in Whitehaven with tons of potential! The main house offers 4 beds, 1.5 baths, updated front windows, and a 2-year-old roof. Enjoy a spacious in-and-out front driveway and a huge backyard. The separate in-law suite features 2 beds, 1 full bath, LR, kitchen, its own address, and private parking pad—perfect for rental income or multigenerational living.

  Lucinda George BenchMark REALTORS, LLC

  516 E Raines 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
• 

  

  /12

  $125,000

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

  96 Modder Ave, Memphis, TN 38109

  Check out this super cute 2 bedroom, 2 full bathroom home located in the heart of South Memphis—just minutes from downtown! Perfect for a first-time homebuyer or savvy investor, this property is already tenant-occupied with a lease in place through August 2025, offering immediate rental income potential. Recent updates make this home even more attractive! Prime location near downtown Tenant lease

  Chinna Prude-Anderson C21 Patterson & Assoc. Real Es

  96 Modder Ave, Memphis, TN 38109
• 

  

  /11

  $109,900

  • 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
• 

  

  /8

  $104,900

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

  390 Sullivan Dr, Memphis, TN 38109

  What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be

  Dean Harris CrestCore Realty MphsBrokerage

  390 Sullivan Dr, Memphis, TN 38109
• 

  

  /11

  $115,000

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

  1148 Encanto Rd, Memphis, TN 38109

  HOME FEATURES BRAND NEW ROOF, NEW HVAC SYSTEM, 4 bedrooms and 1.5 bathrooms, Large fenced backyard. Home is a great opportunity for First Time Buyers and INVESTORS. HOME IS BEING SOLD AS-IS, THERE IS NOT SIGN IN THE YARD. ***BRING ALL OFFERS***

  Juanita Mosby BEST Real Estate Company

  1148 Encanto Rd, 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
• 

  

  /17

  $104,900

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

  949 W Raines Rd, Memphis, TN 38109

  4-bedroom, 1.5-bath home with brick and vinyl exterior located on a high-traffic, 4-lane road — ideal for buyers needing quick access to major routes or those considering a home-based business. The property offers a functional layout with generous living space and durable exterior finishes. Great potential as a rental or first home. High visibility and easy access make this an excellent

  Rae Ann Stimpson The Carter Group LLC, REALTORS

  949 W Raines Rd, Memphis, TN 38109
• 

  

  /15

  $104,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4638 Appleville St, Memphis, TN 38109

  Don’t miss this great opportunity! This 3-bedroom, 1-bath home sits on a cove lot, offering much potential. The exterior features a combination of durable brick and wood, while the interior boasts low-maintenance LVP and tile flooring throughout. Some appliances are included, making this a smart buy for investors or first-time homeowners. Whether you're looking to expand your rental portfolio or

  Rae Ann Stimpson The Carter Group LLC, REALTORS

  4638 Appleville St, Memphis, TN 38109
• 

  

  /23

  $145,000

  • 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
• 

  

  /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
• 

  

  /9

  $115,000

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

  331 Honduras Rd, Memphis, TN 38109

  This awesome 3-bedroom home has been renovated and is ready for move-in. This property has a new roof and new condenser It is a 3-bedroom 1 bath home with a renovated kitchen and bathroom. The house features hardwood flooring throughout and tile flooring in the kitchen and bathroom.

  Sherita McCray Assured Real Estate Services

  331 Honduras Rd, Memphis, TN 38109
• 

  

  /8

  $120,000

  • 4 Beds
  • 1 Bath
  • 800+ Sq Ft

  4005 Sewanee Rd, Memphis, TN 38109

  This four-bedroom home offers original hardwood floor throughout the main living areas. This home has a traditional and comfortable living space. The home features an updated bathroom and kitchen. Large fenced-in yard, providing a secure and private space perfect for outdoor enjoyment or letting pets roam freely. Large Garage and exterior storage shed in the back yard.

  DonAngela Johnson Crye-Leike, Inc., REALTORS

  4005 Sewanee Rd, Memphis, TN 38109
• 

  

  /4

  $134,000

  • Land
  • 2.10 Acres
  • $63,810 per Acre

  4501 S 3rd St, Memphis, TN 38109

  Over 2 acres available in a prime commercial location. This is the perfect location to build your new commercial building. Perfect for an existing or future business!

  Jeff Goff Keller Williams

  4501 S 3rd St, Memphis, TN 38109
• 

  

  /9

  $125,500

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

  494 E Raines Rd, Memphis, TN 38109

  Investor Special in Whitehaven for sale! Home recently updated with new flooring, lighting and paint. New HVAC in 2024 and new roof! With our renovations, this will reduce overall maintenance on the home! Home is professionally managed and currently occupied on a two-year lease at $1025 in year one and $1075 in year 2! Lease ends May 2027. Call listing agent for details. Do not disturb

  Andrew Akins CB Properties of Memphis, LLC

  494 E Raines Rd, Memphis, TN 38109
• 

  

  /12

  $125,000

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

  179 Appleton Ave, Memphis, TN 38109

  Charming 3 bedroom, 1 bath affordable starter home. Perfect for investors or buyers looking to customize and add value. Property is being sold AS IS. Don't miss this great opportunity! Call your REALTOR TODAY!!!

  Lisa Davis Rezults Realty LLC

  179 Appleton Ave, Memphis, TN 38109

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