Homes in 38109 under $200,000

• 

  

  

  /24

  $100,000

  • 3 Beds
  • 1 Bath
  • 948 Sq Ft

  686 Delta Rd, Memphis, TN 38109

  TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Property is rented for $795/month & the lease expires 4/30/2027. Cash tenant. Copy of the lease available upon request. No showings without an accepted contract. Make offers contingent on inspection. Being sold as a package along with 3432 Radford 38111, 5090 Belfast 38127, 686 Delta 38109, 782 Frayser 38127, 4401 Guildhall 38128, & 3651 N

  

  Jordan Ray

  eXp Realty, LLC

  (901) 660-9403

  686 Delta Rd, Memphis, TN 38109
• 

  

  

  /12

  $100,000

  • 4 Beds
  • 1.5 Baths
  • 1,138 Sq Ft

  1001 Canary Ln, Memphis, TN 38109

  Forget the "fixer-upper" nightmares—this is a Fresh Start. Once a disaster zone, this property has been stripped of the junk and prepped for a total transformation. We’ve cleared the canvas so you can paint the profit. The Heavy Lifting is Done: New Roof & Eaves: Recently replaced to seal the envelope and protect your investment. Clean Slate: All broken appliances, rotted cabinets, and old

  

  Jason Miller

  eXp Realty, LLC

  (901) 909-4120

  1001 Canary Ln, Memphis, TN 38109
• 

  

  

  /14

  $135,000

  • 3 Beds
  • 1 Bath
  • 1,489 Sq Ft

  516 Jeanne Dr, Memphis, TN 38109

  Renovated in 2024, this income-producing property is a strong opportunity for investors seeking a turnkey, rent-ready asset with professional management already in place. The home offers a functional layout featuring a spacious living area, updated finishes, and well-sized bedrooms designed for comfortable living. Exterior highlights include a large backyard and ample parking, adding to long-term

  

  Amy Woods

  Crye-Leike, Inc., REALTORS

  (901) 617-7346

  516 Jeanne Dr, Memphis, TN 38109
• 

  

  

  /26

  $165,000

  • 3 Beds
  • 2 Baths
  • 1,934 Sq Ft

  4428 Namur Cove, Memphis, TN 38109

  VERY MOTIVATED SELLER !! SELLERS WILLING TO PAY $5000.00 TOWARDS BUYER'S CLOSING COSTS. 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

  

  Darcus Payne

  Keller Williams

  (901) 668-5336

  4428 Namur Cove, Memphis, TN 38109
• 

  

  

  /5

  $100,000

  • Land
  • 5 Acres
  • $20,000 per Acre

  987 S Weaver Rd, Memphis, TN 38109

  5 lots for a total of 5+ acres 987 Weaver Rd, 0 Little Weaver LN, 0 Mitchell Rd, 0 Little Weaver Rd, 927 Little Weaver LN

  

  Jason Miller

  eXp Realty

  (901) 582-6256

  987 S Weaver Rd, Memphis, TN 38109
• 

  

  /26

  $189,900

  • Land
  • 27.73 Acres
  • $6,848 per Acre

  0 Horn Lake Rd Unit 25756508, Memphis, TN 38109

  Memphis, TN, Shelby Co., 27 +/- acres, $189,900! Beautiful wooded acreage on Horne Lake Road! Preserved by a conservation easement! Perfect natural estate to build your dream home! Call or email Mike Newsome for details.

  Mike Newsome U S Land & Farms, LLC

  0 Horn Lake Rd Unit 25756508, Memphis, TN 38109
• 

  

  /8

  $135,000

  • 4 Beds
  • 1 Bath
  • 1,092 Sq Ft

  3198 Millwood Rd, Memphis, TN 38109

  Tenant Occupied. Please Do not disturb Tenant Beautifully renovated home. Brand New Floors and paint. This home has a huge backyard for gatherings and/or entertaining. Spacious home with lots of upgrades.

  Rodney Porter Assured Real Estate Services

  3198 Millwood Rd, Memphis, TN 38109
• 

  

  /15

  $125,000

  • 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

  $130,000

  • 3 Beds
  • 1 Bath
  • 1,100 Sq Ft

  3678 Glenburee Cove, Memphis, TN 38109

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $1118 per month and is on a lease from 4/1/2024 until 3/31/2027. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

  Alex Evans Reedy & Company, REALTORS

  3678 Glenburee Cove, Memphis, TN 38109
• 

  

  /36

  $119,900

  • 2 Beds
  • 2 Baths
  • 2,666 Sq Ft

  61 E Fernwood Ave, Memphis, TN 38109

  Discover the enduring appeal of this 1940s-built 1.5-story residence, a 2 bed (with bonus rm!) 2 ba home that stands as a testament to quality craftsmanship and thoughtful design. Spanning a versatile layout on a level lot framed by mature perimeter trees, this well maintained property boasts gorgeous original hardwood flooring throughout the main level, creating a warm and timeless aesthetic.

  Tiffany Jones Trelora Realty

  61 E Fernwood Ave, Memphis, TN 38109
• 

  /2

  $127,900

  • 3 Beds
  • 1 Bath
  • 1,058 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
• 

  

  /3

  $120,000

  • 4 Beds
  • 1.5 Baths
  • 1,234 Sq Ft

  599 Blackhawk Rd, Memphis, TN 38109

  INVESTERS ONLY. Tenant occupied 4 bed 1.5 bath home. Rent is $1177/mo. Professionally managed. This is a great investment property to add to any portfolio. Lease and ledger available upon request. No Creative or Owner Financed Offers. No Wholesale or Assignment. No sign in the yard. Please do not disturb or approach the tenant. Seller also selling 4973 Longtree, 4395 Ann Arbor, and 80 E. Bodley

  Tyler Tapley Crye-Leike, Inc., REALTORS

  599 Blackhawk Rd, Memphis, TN 38109
• 

  

  /33

  $119,900

  • 3 Beds
  • 2 Baths
  • 1,280 Sq Ft

  4553 Neely Rd, Memphis, TN 38109

  Welcome to this charming 1960s-built ranch that perfectly blends classic character with essential modern comforts. Spanning 1,280 square feet, this meticulously maintained 3-bedroom, 2-bathroom home features gorgeous original hardwood flooring throughout the main living areas, adds a warm and timeless aesthetic. The heart of the home is the spacious kitchen and dining combination, complete with

  Tiffany Jones Trelora Realty

  4553 Neely Rd, Memphis, TN 38109
• 

  

  /13

  $125,000

  • 4 Beds
  • 2 Baths
  • 1,300 Sq Ft

  5001 Frankie Ln, Memphis, TN 38109

  A cute home, an excellent investment property opportunity or for a buyer looking for the perfect fixer upper. A split bedroom floorplan, with 2 bedrooms down and 2 bedrooms upstairs. Seller has done a minor refresh with new interior paint and new laminate flooring. Five minutes from the interstate and local shopping. A block away from the Links at Whitehaven Golf and Country Club.

  Linitra Washington KAIZEN Realty, LLC

  5001 Frankie Ln, Memphis, TN 38109
• 

  

  /11

  $119,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  433 Dixie Rd, Memphis, TN 38109

  Investors only! This property could be a great addition to your investment portfolio. Property is professionally managed. No sign. No wholesalers, no assignments, no creative financing, no owner financing, no blind offers! Cash or conventional offers only! DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Owner/Agent

  James Wachob Foundation Property Management

  433 Dixie Rd, Memphis, TN 38109
• 

  

  /9

  $119,900

  • 3 Beds
  • 1.5 Baths
  • 985 Sq Ft

  3679 Glenburee Cove, Memphis, TN 38109

  Instant cash flow, zero hassle. This fully renovated 3BR/1.5BA home is truly turnkey with major upgrades throughout—new HVAC, fresh paint inside and out, updated kitchen and baths, new flooring, and improved systems for low-maintenance ownership. Professionally managed and already leased at $992/month through 7/31/26, delivering reliable income from Day 1. Buy today, get paid tomorrow. Perfect

  Will Morgan Marathon REALTORS, LLC

  3679 Glenburee Cove, 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
• 

  

  /9

  $120,000

  • 3 Beds
  • 1 Bath
  • 816 Sq Ft

  220 Elder Rd, Memphis, TN 38109

  Newly Renovated Property! Great opportunity for an investor or homebuyer! The property is currently unoccupied and readily available for viewing. This property is currently being professionally managed by Reedy and Company. Whether you're an owner-occupant or investor, this opportunity is open to you. No wholesale or creative financing offers.

  Alex Evans Reedy & Company, REALTORS

  220 Elder Rd, Memphis, TN 38109
• 

  

  /20

  $122,500

  • 3 Beds
  • 1 Bath
  • 897 Sq Ft

  4900 Berta Rd, Memphis, TN 38109

  Complete Renovated/3-Bedroom, 1-bathroom home. Home has new interior/exterior paint, new LVP flooring throughout all living areas, a new kitchen with painted cabinets, new countertops, a new stainless-steel dishwasher, and a brand-new 5-burner gas stove. The bathroom was also completely updated with new tile, vanity, plumbing fixtures, and toilet, plus new doorknobs, ceiling fans, closet doors,

  Heath Gooch STIXNBRIX

  4900 Berta Rd, Memphis, TN 38109
• 

  

  /13

  $120,000

  • 3 Beds
  • 2 Baths
  • 1,536 Sq Ft

  4775 Stacey Rd, Memphis, TN 38109

  Immediate Equity!- Rented Long term tenant $1200 MHA- Tenant takes excellent care of the home-Great investment- ARV- $155,000-$165,000. Fresh exterior paint and New Roof in 2025- Eaves/Overhangs wrapped in vinyl- This is an excellent opportunity for equity and cash flow. Do not disturb tenant, inspection with accepted offers only.

  Brett Bernard The Stamps Real Estate Company

  4775 Stacey Rd, Memphis, TN 38109
• 

  

  /32

  $119,900

  • 4 Beds
  • 1 Bath
  • 1,161 Sq Ft

  671 Whiteside Cove, Memphis, TN 38109

  Charming 4-bed, 1-bath brick ranch tucked away in a quiet Kenrick subdivision cove! This move-in-ready home features 1,161 sq. ft. of updated living space, modern wood-look flooring, and a fresh neutral palette. Highlights include a large eat-in kitchen and four well-proportioned bedrooms. Situated on a generous 0.21-acre lot with a massive backyard and private paved driveway. Incredible value

  Tiffany Jones Trelora Realty

  671 Whiteside Cove, Memphis, TN 38109
• 

  

  /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
• 

  

  /20

  $186,900

  • 3 Beds
  • 1 Bath
  • 1,281 Sq Ft

  5165 Sea Shore Rd, Memphis, TN 38109

  This beautiful home right by Robco Lake has been completely overhauled! The kitchen has been expanded and remodeled, with new cabinets & stone countertops in a contrasting black and white. The eat-in area of the kitchen sits by a glass patio door overlooking the backyard. The old carport entry has been expanded to a dedicated dining room as well, so there is a lot of social space here! All new

  Randall Weatherall Memphis Metro Realty

  5165 Sea Shore Rd, Memphis, TN 38109
• 

  

  /15

  $114,900

  • 3 Beds
  • 1 Bath
  • 1,180 Sq Ft

  4597 Windward Dr, Memphis, TN 38109

  Newly Renovated Property! Great opportunity for an investor or homebuyer! The property is currently unoccupied and readily available for viewing. This property is currently being professionally managed by Reedy and Company. Whether you're an owner-occupant or investor, this opportunity is open to you. No wholesale or creative financing offers.

  Alex Evans Reedy & Company, REALTORS

  4597 Windward Dr, Memphis, TN 38109
• 

  

  /9

  $116,000

  • 3 Beds
  • 1 Bath
  • 1,036 Sq Ft

  603 Western Park Dr, Memphis, TN 38109

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $845 per month and is on a lease from 5/1/2025 until 4/30/2026. 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 financing offers. No showings without an accepted offer.

  Alex Evans Reedy & Company, REALTORS

  603 Western Park Dr, Memphis, TN 38109
• 

  

  /7

  $149,000

  • Land
  • 7.1 Acres
  • $20,986 per Acre

  0 S Third Unit 8, Memphis, TN 38109

  Located along iconic S Third St/US-61, also known as historic Blues Highway, this 7.1-acre tract presents a rare opportunity to secure a highly visible, well-positioned piece of land in one of Memphis’s most recognizable corridors. With approximately 353 feet of frontage along S Third St and about 1,137 feet of frontage on Westview Rd, the property offers outstanding access, strong street

  Elijah King Coldwell Banker Commercial Kinard Realty

  0 S Third Unit 8, Memphis, TN 38109
• 

  

  /10

  $164,000

  • 4 Beds
  • 2 Baths
  • 1,762 Sq Ft

  4995 Horn Lake Rd, Memphis, TN 38109

  One of Lakeview Garden's Finest! Beautiful brick/stone veneer exterior home on over 1/2 acre corner lot. Enjoy touring this 4-Bedrooms, 2-Baths, Cozy Den w/stone fireplace w/ hardwood and tile flooring, comfortable eat-in Kitchen, separate laundry room, monitored security system. Refrigerator, stove and microwave to stay. To many extras to name. Hurry! will not last long. Two car garage.

  Eddie Parker Crye-Leike, Inc., REALTORS

  4995 Horn Lake Rd, Memphis, TN 38109
• 

  

  /16

  $146,900

  • 4 Beds
  • 1 Bath
  • 1,540 Sq Ft

  808 Mohawk Ave, Memphis, TN 38109

  This property is currently tenant occupied, please do not disturb the tenant! The property has undergone a recent renovation in 20205. New HVAC (2025), new furnace (2025), roof is in good condition, hot water heater is 2019, and renovated kitchen and bathroom.

  Lauren McNary Marathon REALTORS, LLC

  808 Mohawk Ave, Memphis, TN 38109
• 

  

  /6

  $105,000

  • 3 Beds
  • 1 Bath
  • 1,300 Sq Ft

  287 George St, Memphis, TN 38109

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $995 per month and is on a lease from 10/01/2025 - 09/30/2026. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

  Alex Evans Reedy & Company, REALTORS

  287 George St, Memphis, TN 38109
• 

  

  /8

  $105,000

  • 4 Beds
  • 1.5 Baths
  • 1,160 Sq Ft

  4826 Leonard Rd, Memphis, TN 38109

  4 bedroom 1.5 Bath Home~~with No Maintenance exterior and Single carport~~ Central HVAC~~Luxury Vinyl Thru-out~~This property is eligible to Owner Occupants only under the First Look Initiative for first 30 days

  Scott Housewirth Crye-Leike Inc., REALTORS

  4826 Leonard Rd, Memphis, TN 38109
• 

  

  /22

  $110,000

  • 3 Beds
  • 2 Baths
  • 1,087 Sq Ft

  366 Granville Ave, Memphis, TN 38109

  Wonderful 3 bedroom 2 bathroom home on extra-large corner lot. Home has covered parking and a fenced back yard (perfect for pets). Home has new interior paint, updated flooring, large kitchen with painted cabinets. Seller willing to install a new gas stove with acceptable offer. This home has a large mud room that also be used as an oversized pantry! Home is in nice condition and Seller is

  Tyler Tapley Crye-Leike, Inc., REALTORS

  366 Granville Ave, Memphis, TN 38109
• 

  /2

  $200,000

  • Land
  • 58.62 Acres
  • $3,412 per Acre

  0 Cessna Rd, Memphis, TN 38109

  A developer's dream, farm/industrial land for all of the seasons crops; or the ideal location for a homestead. Over 58 acres to create it your own. Drive by anytime. Make an offer. See offer instructions in documents or 9013642317

  Raelynn Dorsey Adaro Realty, Inc.

  0 Cessna Rd, Memphis, TN 38109
• 

  

  /10

  $117,000

  • 3 Beds
  • 1 Bath
  • 882 Sq Ft

  580 Blackhawk Rd, Memphis, TN 38109

  Wonderful home for sell at a great price. Well maintained three bedroom one bathroom home in a great location. This home features NO carpet, large back yard, vinyl and tile flooring throughout, low maintenance brick exterior, modern light fixtures and so much more. Book your tour today! This would make a lovely home or wonderful investment property! Seller also has 3043 Coleman Ave for sell.

  William Haynes Crye-Leike, Inc., REALTORS

  580 Blackhawk Rd, Memphis, TN 38109
• 

  

  /29

  $160,000

  • 3 Beds
  • 2 Baths
  • 1,198 Sq Ft

  3066 Redbud Rd, Memphis, TN 38109

  Investment opportunity with two separate units and strong rent potential!! Unit 3066 has been updated and is 3 bedrooms and 2 baths, offering increased livable space (Bonus Room) and higher rent capacity. Unit 3068 requires repairs and updates. After renovations, each unit is projected to lease for approximately $1,400–$1,550 per month with Section 8, based on current area rental rates. Property

  Donnie Morrow eXp Realty, LLC

  3066 Redbud Rd, Memphis, TN 38109
• 

  

  /15

  $157,000

  • 3 Beds
  • 2 Baths
  • 1,301 Sq Ft

  5051 Tulane Rd, Memphis, TN 38109

  Beautifully renovated 3 bed, 2 bath home offering fresh finishes and thoughtful updates throughout. This move-in-ready property features a bright interior with new flooring, fresh paint, updated lighting, new blinds, and repaired drywall for a clean, modern feel. The kitchen has been refreshed with new countertops, sink, faucet, repainted cabinets, and new hardware, while both bathrooms include

  James Wachob Foundation Property Management

  5051 Tulane Rd, Memphis, TN 38109
• 

  

  /6

  $164,700 New Construction

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

  589 Gilleas Rd, Memphis, TN 38109

  New construction! 3 Bedrooms, 2 Baths, large lot, central AC/Heat, all electric appliances etc... Construction will be completed within 30 days of an accepted offer.

  Myles Wilson Keller Williams

  589 Gilleas Rd, Memphis, TN 38109
• 

  

  /22

  $105,000

  • 3 Beds
  • 2 Baths
  • 1,705 Sq Ft

  3158 Ford Rd, Memphis, TN 38109

  Solid brick 3-bedroom, 2-bath home with great bones and a spacious layout. Sitting beautifully on a private, level lot with a large backyard perfect for outdoor living with a covered patio ready for gatherings or quiet evenings. Inside you’ll find a functional floor plan with room to personalize and update to your style. Whether you're a first-time buyer looking to build equity or an investor

  Elliot Cerezo The Home Partners Realty

  3158 Ford Rd, Memphis, TN 38109
• 

  

  /27

  $110,000

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

  668 Westview Rd, Memphis, TN 38109

  Being sold AS-IS. Nice 3-bedroom, 1- bathroom home on a 0.71-acre lot that offers privacy. Rent ready for investors. One highlight of this property is the large den/great room. Lot is large enough for a garden, garage and/or storage building. The seller welcomes all offers.

  Sharon Harris Keller Williams

  668 Westview Rd, Memphis, TN 38109
• 

  

  /22

  $153,900

  • 3 Beds
  • 2 Baths
  • 1,349 Sq Ft

  4445 Don St, Memphis, TN 38109

  Step into this beautifully refreshed 3-bedroom, 2-bath home in the heart of Memphis! Featuring new carpet, fresh paint, and an inviting updated screened in patio perfect for relaxing or entertaining, this home is move-in ready and full of charm. Enjoy a spacious layout with comfortable living areas and a backyard ideal for gatherings. Whether you’re a first-time buyer or looking to upgrade, this

  Tia Jennings Keller Williams

  4445 Don St, Memphis, TN 38109
• 

  

  /19

  $109,000

  • 3 Beds
  • 1.5 Baths
  • 1,160 Sq Ft

  1270 Chickamauga Ave, Memphis, TN 38109

  Lovely 3 bedroom 1 and a half bathroom brick home all one one level! This home was just rehabbed in 2026 and is ready for a new owner! Wonderful home with new interior paint, low maintenance flooring, with excellent floor plan including: den, dining room, large laundry room, and open kitchen concept (perfect for entertaining). This home has an extra large primary bedroom with private half

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1270 Chickamauga Ave, Memphis, TN 38109

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