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Homes in 38109 under $200,000

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  • /4

    $150,000

    • Land
    • 21,780 Sq Ft
    • $300,000 per Acre

    0 E Shelby Dr, Memphis, TN 38109

    Lot located on end of Damascus at Shelby Dr. Good frontage with natural drainage. Adjacent to an industrial office. Access to gas/water/elec. Owner would like to sell one, two or all three parcels together. Make us an offer.

    Jimmie Tapley Crye-Leike, Inc., REALTORS

    0 E Shelby Dr, Memphis, TN 38109
  • /4

    $119,000

    • Land
    • 7.44 Acres
    • $15,995 per Acre

    1374 W Holmes Rd, Memphis, TN 38109

    Development Opportunity: 7.44-Acre Residential Tract | 1374 W Holmes Rd, Memphis Unlock the potential of this shovel-ready 7.44-acre development site located in a high-demand pocket of Southwest Memphis. Zoned R-6 (Residential Single-Family - 6), this property is perfectly positioned for a residential infill project to address the city’s critical need for new housing stock. Development Potential:

    William Patton National Land Realty, LLC

    1374 W Holmes Rd, Memphis, TN 38109
  • /2

    $105,000

    • 3 Beds
    • 1 Bath
    • 1,333 Sq Ft

    132 Majuba Ave, Memphis, TN 38109

    Excellent investment opportunity in Memphis, TN featuring three single-family homes being offered individually or as a portfolio. Properties are being listed separately but may be purchased together as an investment package. 346 Modder Ave – Currently tenant-occupied, providing immediate cash flow. 132 Majuba St – Currently vacant and will require some repairs prior to occupancy, offering

    Bridget Jordan Epique Realty

    132 Majuba Ave, Memphis, TN 38109
  • /10

    $169,900 New Construction

    • 4 Beds
    • 2 Baths
    • 1,500 Sq Ft

    382 Carbon Dr, Memphis, TN 38109

    Be the first to live in this newly built jewel. First time home owner's dream home.

    Markey Granberry C21 Patterson & Assoc. Real Es

    382 Carbon Dr, Memphis, TN 38109
  • /31

    $169,900

    • 4 Beds
    • 2.5 Baths
    • 2,006 Sq Ft

    4859 Ortie Dr, Memphis, TN 38109

    Welcome to this spacious 4-bed, 2.5bath home offering generous living space in a well-established Whitehaven neighborhood. Inside, you’ll find an open layout with room for everyday living and entertaining, including a large kitchen area and plenty of natural light throughout. The home features comfortable bedrooms and multiple living areas. Step outside to enjoy a spacious backyard with many

    Tiffany Jones Trelora Realty

    4859 Ortie Dr, Memphis, TN 38109
  • /34

    $124,900

    • 3 Beds
    • 3 Baths
    • 1,457 Sq Ft

    4286 Tonawanda St, Memphis, TN 38109

    Classic brick ranch in Westwood Heights! This 4-bed, 1.5-bath home features a spacious 1,460 sq. ft. layout with a cozy fireplace and functional floor plan. Enjoy a generous 0.16-acre lot, covered carport, and extra parking pad. Perfect for homeowners or investors seeking a solid, low-maintenance property. Turnkey and ready for your finishing touches!

    Tiffany Jones Trelora Realty

    4286 Tonawanda St, Memphis, TN 38109
  • /7

    $117,900

    • 3 Beds
    • 1 Bath
    • 849 Sq Ft

    896 Leacrest Ave, Memphis, TN 38109

    Completely renovated home with resident on a 2-year lease at $915 in year 1 and $965 in year 2. Home was turnkey in 2026 to help minimize investor risk. Our repairs & updates make this a great investment property to maximize cash flow. Can be bought individually or part of a package of fully renovated homes. Need a Quick Sell? We are always looking to buy homes "as is" without inspection and will

    Andrew Akins CB Properties of Memphis, LLC

    896 Leacrest Ave, Memphis, TN 38109
  • /19

    $100,000

    • 3 Beds
    • 1.5 Baths
    • 1,197 Sq Ft

    307 Summerwood Ave, Memphis, TN 38109

    Well-maintained home in the growing Whitehaven/Graceland area with strong fundamentals. Brand new roof (under 6 months), AC, heater, and water heater (2–3 years), vinyl siding with brick accents, double-pane windows, copper plumbing, updated electrical, 2023 appliances, fresh paint, new carpet over original hardwood, and bath updates. Major maintenance and mechanicals are complete, offering

    Daniel Demers Sell Your Home Services, LLC

    307 Summerwood Ave, Memphis, TN 38109
  • /2

    $100,000

    • Land
    • 4,356 Sq Ft
    • $1,000,000 per Acre

    0 Old Horn Lake Rd Unit 10211045, Memphis, TN 38109

    Zoned for multifamily use, this lot offers a great opportunity for investment or development. Convenient location with easy access to nearby amenities. Ready for your next project.

    Crystal Mitchell Renshaw Company, REALTORS

    0 Old Horn Lake Rd Unit 10211045, Memphis, TN 38109
  • /13

    $130,000

    • 3 Beds
    • 2 Baths
    • 1,495 Sq Ft

    3499 Rochester Rd, Memphis, TN 38109

    Turn-key opportunity for a homeowner or investor! This well-maintained home features new carpet and fresh interior paint, making it move-in ready. Major updates in 2018 include the roof, HVAC (AC/Furnace), and A-coil replaced. The home offers 3 bedrooms and 2 full baths, along with a spacious great room that provides plenty of room for relaxing or entertaining. Ample living space makes it perfect

    Catherine Horton Crye-Leike, Inc., REALTORS

    3499 Rochester Rd, Memphis, TN 38109
  • /19

    $109,900

    • 3 Beds
    • 1 Bath
    • 1,013 Sq Ft

    3829 Ford Rd, Memphis, TN 38109

    This home is priced to SELL and the seller is Motivated! Welcome to 3829 Ford Rd, a move in ready 3 bedroom, 1 bath home that offers comfort today with room to add value over time. The layout flows easily from the living area into the updated kitchen with sleek countertops, great storage, and practical everyday function. Major 2023 improvements include the HVAC, water heater, and flooring, along

    James Wachob Foundation Property Management

    3829 Ford Rd, Memphis, TN 38109
  • /13

    $127,500

    • 3 Beds
    • 1 Bath
    • 898 Sq Ft

    370 Lillian Dr, Memphis, TN 38109

    Georgia Torrance Torrance Real Estate

    370 Lillian Dr, Memphis, TN 38109
  • /8

    $199,500

    • 4 Beds
    • 2 Baths
    • 1,423 Sq Ft

    565 Hemsley Ave, Memphis, TN 38109

    Great investment opportunity! Tenant-occupied 4-bedroom, 2-bath home generating immediate rental income. This property features a functional layout and spacious lot, making it a solid addition to any portfolio. Conveniently located near schools, shopping, and major roadways. TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Leased through 12/26/2026 at

    James Wachob Foundation Property Management

    565 Hemsley Ave, Memphis, TN 38109
  • /10

    $145,000

    • 4 Beds
    • 1 Bath
    • 1,298 Sq Ft

    5133 Stacey Rd, Memphis, TN 38109

    Investor special! This 4-bedroom, 1-bath home is full of potential and ready for your vision. Being sold as-is, this property offers a great opportunity for a fix-and-flip or long-term rental. Spacious layout with solid bones, generous lot size, and strong rental potential.

    Amanda Kirkman KAIZEN Realty, LLC

    5133 Stacey Rd, Memphis, TN 38109
  • /15

    $125,000

    • 3 Beds
    • 2 Baths
    • 1,316 Sq Ft

    309 Inwood Dr, Memphis, TN 38109

    Welcome to this well-maintained 3-bedroom, 2 full bathroom home in desirable Whitehaven, offering easy access to I-55 and nearby DeSoto County. Perfectly situated on a corner lot, this home combines convenience, space, and modern updates. Inside, you’ll find a renovated kitchen and bathrooms featuring new cabinets, countertops, and updated vanities. Hardwood floors run through most of the home,

    Ben Strauch Skyline Realty

    309 Inwood Dr, Memphis, TN 38109
  • /11

    $109,000

    • 4 Beds
    • 1 Bath
    • 1,181 Sq Ft

    5057 Gill Rd, Memphis, TN 38109

    4BD/1BA home freshly updated and move in ready with nice flooring throughout, fresh paint interior, kitchen has new faucet and new countertops, eat in dining area, pantry or can be a storage closet. Coming to the exterior, it is partial brick and hardy board siding for low maintenance. A generously sized front and the back yard is large enough to plant a garden. This home is close to schools and

    Diane Stribling Coldwell Banker Collins-Maury

    5057 Gill Rd, Memphis, TN 38109
  • /20

    $101,000

    • 3 Beds
    • 1 Bath
    • 1,036 Sq Ft

    1088 Western Park Dr, Memphis, TN 38109

    Nice upscale family home.

    Shirley Kay Harris Crye-Leike, Inc., REALTORS

    1088 Western Park Dr, Memphis, TN 38109
  • /32

    $109,900

    • 4 Beds
    • 2 Baths
    • 1,475 Sq Ft

    1111 Canary Ln, Memphis, TN 38109

    This spacious two-story home at 1111 Canary Lane in Memphis, TN 38109 offers 4 bedrooms and 2 full bathrooms, providing plenty of room for comfortable living. The thoughtfully designed layout features a welcoming living area that flows into the dining space and kitchen, creating an ideal setting for both everyday life and entertaining. With bedrooms distributed across two levels, the home offers

    Tiffany Jones Trelora Realty

    1111 Canary Ln, Memphis, TN 38109
  • /18

    $129,500

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

    560 W Peebles Rd, Memphis, TN 38109

    Step into this fully updated 4-bedroom, 2-bath brick home that’s move-in ready and built to impress. The freshly renovated kitchen and baths offer modern style and function, while luxury vinyl plank flooring flows seamlessly throughout for a clean, durable finish. The low-maintenance brick exterior makes ownership effortless. This home is perfect as a primary residence or for an owner-occupant

    Caleb Parr Renshaw Company, REALTORS

    560 W Peebles Rd, Memphis, TN 38109
  • /2

    $193,000

    • Land
    • 21.4 Acres
    • $9,019 per Acre

    0 Western Park Dr, Memphis, TN 38109

    21.4 acres for sale. Time to build your next community or get permission to change the land to commercial from the city. The opportunity for this land is unbelievable.

    Andre Pruitt TRG Real Estate Services, LLC

    0 Western Park Dr, Memphis, TN 38109
  • /12

    $115,000

    • 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 on a month to month, offering immediate rental income potential. Previous updates make this home even more attractive! Prime location near downtown! Great investment opportunity or

    Chinna Prude C21 Patterson & Assoc. Real Es

    96 Modder Ave, Memphis, TN 38109

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