92

Homes in 38111 under $200,000

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  • /8

    $109,500

    • 2 Beds
    • 1 Bath
    • 894 Sq Ft

    3271 Seminole Rd, Memphis, TN 38111

    Great starter home for a first-time homebuyer. Featuring 2 bedrooms, 1 bath, with a large living room. Seller financing is offered.

    Tammy Coleman Legendary Realty

    3271 Seminole Rd, Memphis, TN 38111
  • /4

    $110,000

    • 2 Beds
    • 1 Bath
    • 858 Sq Ft

    3636 Spottswood Ave Unit 3, Memphis, TN 38111

    INVESTMENT OPPORTUNITY! This 2 bd/1ba condo is currently tenant occupied. Rented for $1150/mo. Right across the street from the University of Memphis! LVP throughout, new water heater, fresh paint, new cabinets, and electrical outlets have been updated. Start cash flowing right away. Showings only with an acceptable offer.

    Kelly Day SimpliHOM

    3636 Spottswood Ave Unit 3, Memphis, TN 38111
  • /15

    $165,000

    New Construction
    • 3 Beds
    • 2 Baths
    • 1,030 Sq Ft

    820 Semmes St, Memphis, TN 38111

    Three-bedroom, 2-bathroom home available to low- to moderate-income first-time homebuyers. NO investors. The buyer must meet the HUD 2025 80% AMI total household income requirement. See info in MLS docs. One-year builder's home warranty offered. $25k downpayment assistance is available.

    Tammy Coleman Legendary Realty

    820 Semmes St, Memphis, TN 38111
  • /2

    $199,000

    • Land
    • 18,295 Sq Ft
    • $473,810 per Acre

    3545 Walnut Grove Rd, Memphis, TN 38111

    This is a great development opportunity or the chance to build your dream home. Great location, level lot with some trees. This is one of two lots that are available.

    Linda Sowell Sowell, Realtors

    3545 Walnut Grove Rd, Memphis, TN 38111
  • /14

    $199,000

    $16K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 833 Sq Ft

    420 Josephine St, Memphis, TN 38111

    Step into this beautifully remodeled 2-bedroom, 2-bath home, where modern updates meet everyday comfort. This move-in-ready property features fresh paint, stylish new fixtures, brand-new flooring, and a fully renovated primary suite with an added bathroom and spacious walk-in closet. Additional highlights include a detached shop, new HVAC system, new water heater, and a private backyard perfect

    Margie Brown Epique Realty

    420 Josephine St, Memphis, TN 38111
  • /30

    $199,900

    • 3 Beds
    • 2 Baths
    • 1,233 Sq Ft

    752 Watson St, Memphis, TN 38111

    Located just blocks from the University of Memphis, this charming brick home offers 3 bedrooms, 2 baths, plus an office or flex space. Hardwood floors run throughout much of the home, while the functional layout provides comfortable everyday living with flexible space to work from home, study, or host guests. The kitchen pairs vintage character with practicality, featuring classic metal cabinetry

    Kristi Ryan Coldwell Banker Collins-Maury

    752 Watson St, Memphis, TN 38111
  • /18

    $169,000

    • 2 Beds
    • 1 Bath
    • 927 Sq Ft

    3174 Chisca Ave, Memphis, TN 38111

    Complete renovation in 2021! This charming 2-bedroom, 1-bath home with all appliances included is the perfect opportunity for a first-time homeowner or investor. Ideally located just minutes from the University of Memphis and all the dining, shopping, and entertainment of Highland Row. The home was fully renovated in 2021 and features a new roof, new central HVAC system, and an updated kitchen

    Horace Profit 4 Success Realty, LLC

    3174 Chisca Ave, Memphis, TN 38111
  • /25

    $188,000

    Open Sun 1PM - 3PM $25K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 2,146 Sq Ft

    580 S Greer St, Memphis, TN 38111

    Wonderful Chickasaw Gardens Location, Original tile entry and Entry closet/mail room. Large Living Room with Natural Wood Floors. Kitchen has new stainless refrigerator, Stove, Microwave and granite ctops. Large Dining Room with Laundry room with hook ups for W & D. Large bedrooms with ample closet space. Big backyard with covered backporch area. Detached One Car Carport or Storage room.

    Jennifer Boyd Heritage Homes Co.

    580 S Greer St, Memphis, TN 38111
  • /18

    $165,000

    New Construction
    • 3 Beds
    • 2 Baths
    • 1,030 Sq Ft

    828 Semmes St, Memphis, TN 38111

    One of two "Evening Rose Cottages" of the new Camellia Cottage development, which features a 3-bedroom 2-bath cottage. Available to low-to-moderate income first-time homebuyers. NO investors. One-year builder's home warranty offered. $25k downpayment assistance is available. Range/oven and dishwasher will be installed before closing.

    Tammy Coleman Legendary Realty

    828 Semmes St, Memphis, TN 38111
  • /14

    $172,000

    • 4 Beds
    • 2 Baths
    • 1,419 Sq Ft

    3671 Barron Ave, Memphis, TN 38111

    Turnkey investment opportunity with strong projected rental potential at an estimated $1,570/month ($18,840 annually), offering solid upside for investors. Estimated monthly cash flow of $210.74 with a projected 5.11% cash-on-cash return (pro forma). Welcome to 3671 Barron Ave, a refreshed vacant 4BR/2BA home in the high-demand 38111 zip code. Features include hardwood flooring throughout,

    James Wachob Foundation Property Management

    3671 Barron Ave, Memphis, TN 38111
  • /16

    $115,000

    • 2 Beds
    • 1 Bath
    • 831 Sq Ft

    3515 Vanuys Rd, Memphis, TN 38111

    Charming 2-bedroom, 1-bath home located at 3515 Vanuys Rd, just minutes from the University of Memphis, local restaurants, and shopping. This property features hardwood floors, updated finishes, a detached garage, and a spacious backyard deck for outdoor enjoyment. Approved for the City of Memphis Down Payment Assistance Program, eligible buyers may receive up to $25,000 toward down payment and

    Sabaria Dean Fast Track Realty, LLC

    3515 Vanuys Rd, Memphis, TN 38111
  • /24

    $160,000

    • 2 Beds
    • 1 Bath
    • 892 Sq Ft

    835 Watson St, Memphis, TN 38111

    TENANT OCCUPIED. Charming 2-bedroom, 1-bath home just a short walk from the University of Memphis. Offering 900 sq ft of comfortable living space, it features a bright sunroom off the living area—perfect for relaxing or displaying plants. Hardwood floors run throughout, complementing a modern kitchen with plenty of cabinet and counter space. The bathroom is tastefully updated with tiled floors

    Joshua Moss KAIZEN Realty, LLC

    835 Watson St, Memphis, TN 38111
  • /16

    $110,000

    • 2 Beds
    • 1 Bath
    • 1,080 Sq Ft

    3771 Sturgeon Ave, Memphis, TN 38111

    Welcome to 3771 Sturgeon Ave! This charming 3BR/1.5BA Memphis home features hard-surface flooring, a bright living area, functional kitchen, and a spacious fenced backyard perfect for entertaining or relaxing. A detached storage building with an additional half bath adds versatility for a workshop, office, or extra storage. Conveniently located near shopping, dining, schools, and major

    Stephen Akindona Kairos Realty

    3771 Sturgeon Ave, Memphis, TN 38111
  • /7

    $116,500

    New Construction $49K PRICE DROP
    • 1 Bed
    • 1 Bath
    • 687 Sq Ft

    818 Semmes St, Memphis, TN 38111

    Beautiful one-bedroom, one-bathroom cottage with an office known as "Merigold Cottage" is now available for first-time homebuyers only. NO investors. Buyer must meet HUD 2025 80% AMI total household income eligibility. See info in MLS docs. The Seller is offering a one-year builder's warranty, and $25K downpayment assistance is also available. Range/oven and dishwasher will be installed before

    Tammy Coleman Legendary Realty

    818 Semmes St, Memphis, TN 38111
  • /23

    $129,900

    $10K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 864 Sq Ft

    1120 Parkland Rd, Memphis, TN 38111

    Welcome to 1120 Parkland Rd, Memphis, TN 38111—a warm and inviting home ready for a new family to create lasting memories. Situated in a generous .25-acre lot, this beautifully updated 2-bedroom, 1-bath home also includes a versatile office space with its own private entry, perfect for a home office, playroom, or guest area. The home has been thoughtfully renovated with a new roof, new windows, a

    Cecilia Fernandez The Home Partners Realty

    1120 Parkland Rd, Memphis, TN 38111
  • /3

    $119,900

    • 2 Beds
    • 1 Bath
    • 840 Sq Ft

    3325 Douglass Ave, Memphis, TN 38111

    Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No wholesaler or assignment of contract offers will be accepted. No showings without an accepted offer.

    Dean Harris CrestCore Realty MphsBrokerage

    3325 Douglass Ave, Memphis, TN 38111
  • /30

    $109,900

    • 3 Beds
    • 2 Baths
    • 1,353 Sq Ft

    4055 Kimball Ave, Memphis, TN 38111

    Well-maintained 3-bedroom, 2-bath home offering comfortable living with a functional layout and plenty of space to make your own. This property features inviting living areas, spacious bedrooms, and a kitchen designed for everyday convenience. Whether you’re a first-time buyer, downsizing, or searching for an investment opportunity, this home offers great potential and value. Don’t miss your

    Christopher Stjernholm Trelora Realty

    4055 Kimball Ave, Memphis, TN 38111
  • /15

    $135,000

    $15K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,482 Sq Ft

    3726 Friar Tuck Rd, Memphis, TN 38111

    Welcome to this charming 3-bedroom, 1-bathroom craftsman home, located in the vibrant heart of the U of M district in Memphis, TN. This home boasts an updated kitchen complete with quartz countertops, a gas stove, and an eat-in area for your convenience. The bathroom has also been updated, ensuring modern comfort and style. The hardwood floors throughout the home add a touch of elegance and

    Palmer Gardner CrestCore Realty MphsBrokerage

    3726 Friar Tuck Rd, Memphis, TN 38111
  • /40

    $179,900

    $20K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,418 Sq Ft

    273 W Central Park St Unit 1, Memphis, TN 38111

    Centrally located on Tiger Lane near the Jr League, University of Memphis, Highland Strip, Poplar Plaza & Overton Square with quick access to restaurants, shopping & entertainment. Minutes to Cooper-Young, the Pink Palace, Zoo, parks, tennis courts & golf courses. This 1st-floor condo offers an open floor plan w/2 large bedrooms, 2 baths, a sep. den & dining, walk-in closet, wood floors, a large

    Glenn McDonald Integrated Assets

    273 W Central Park St Unit 1, Memphis, TN 38111
  • /25

    $119,900

    $20K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,524 Sq Ft

    3386 Hadley Rd, Memphis, TN 38111

    Move-In Ready and Full of Charm! Welcome to 3386 Hadley Rd, a beautifully refreshed 3-bedroom, 2-bath home that’s ready for its new owner. Step inside to discover a freshly painted interior with a clean, neutral color palette that complements any style and creates a bright, welcoming atmosphere. The home features attractive laminate flooring throughout, offering both durability and modern appeal.

    Ricky Cooper Realty Capital Management, LLC

    3386 Hadley Rd, Memphis, TN 38111
  • /21

    $157,500

    $2K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,255 Sq Ft

    3753 Friar Tuck Rd, Memphis, TN 38111

    100% financing through Renasant Bank for qualified Buyers. Adorable 3/1 tucked on a quiet street in East Memphis. A few minutes from The U of Memphis. Home was renovated in 2021. Beautiful hardwood floors, updated kitchen with quartz countertops, fresh paint (2026), wood blinds throughout, HVAC and hot water tank replaced in 2022, updated bathroom, walk up attic, updated light fixtures and...

    Alison Restivo The Restivo Group, REALTORS

    3753 Friar Tuck Rd, Memphis, TN 38111
  • /20

    $190,000

    $25K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,800+ Sq Ft

    3739 Spottswood Ave, Memphis, TN 38111

    Tenant occupied - no showings without an accepted contract. This is a great investment opportunity. Currently, it rents for $1,750 a month, and the lease will end on 7/31/2025. It can be sold separately or as a package deal along with 582 Watson St.

    Crystal Mitchell Renshaw Company, REALTORS

    3739 Spottswood Ave, Memphis, TN 38111
  • /12

    $138,000

    $27K PRICE DROP
    • 4 Beds
    • 1 Bath
    • 1,400+ Sq Ft

    1558 Patterson St, Memphis, TN 38111

    REDUCED -Tenant Occupied , Lease will expire Nov 19, 2026, Rent $1,500 month House remodeled 1 year ago by owner Write offer contingent on Inspection Central air & Heating Beautiful Hardwood floors, 1 car carport with extra parking REDUCED PRICE!!

    ANTHONY WILLOUGHBY Germantown Luxury Homes, LLC

    1558 Patterson St, Memphis, TN 38111
  • /8

    $129,000

    $10K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,000+ Sq Ft

    3298 Spottswood Ave, Memphis, TN 38111

    This delightful, recently renovated 2-bedroom, 1-bathroom home features modern amenities and stylish finishes, making it ideal for comfortable living. Near the University of Memphis, offering convenience. New roof, updated kitchen/bathroom, and beautiful hardwood floors. Spacious backyard, ideal for gatherings. Prime location, this property is perfect for first-time buyers or investors seeking

    Crystal Mitchell Renshaw Company, REALTORS

    3298 Spottswood Ave, Memphis, TN 38111
  • /29

    $155,000

    • 3 Beds
    • 2 Baths
    • 993 Sq Ft

    1557 Hope St, Memphis, TN 38111

    Welcome to 1557 Hope St, a beautifully fully renovated 3 bedroom, 2 bath home offering modern style, comfort, and excellent investment potential. This move-in ready property features fresh paint, updated flooring, modern fixtures, and a bright, inviting layout designed for both everyday living and entertaining. The renovated kitchen showcases stylish finishes, updated cabinetry, and beautiful

    Jonathan Nunez Fast Track Realty, LLC

    1557 Hope St, Memphis, TN 38111
  • /2

    $113,000

    $12K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,350 Sq Ft

    961 Aubra Rd, Memphis, TN 38111

    Welcome to 961 Aubra Road, a well-maintained 2-bedroom, 1-bath home offering comfort and efficiency. This inviting residence features hardwood and tile flooring throughout, ceiling fans, and window coverings, creating a bright and welcoming atmosphere. Enjoy year-round comfort with heating, air conditioning, and climate control. Don't miss out! TENANTED PROPERTY: DO NOT APPROACH OR DISTURB

    James Wachob Foundation Property Management

    961 Aubra Rd, Memphis, TN 38111
  • /2

    $135,000

    $25K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,394 Sq Ft

    3682 Kearney Ave, Memphis, TN 38111

    20k Price reduction! Incredible investment opportunity available with tremendous cash flow and huge potential upside! This property is currently rented for $1195/mo with a market rent of $1500/mo. Multiple properties available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied AND have value add upside. Many of these homes

    William Haynes Crye-Leike, Inc., REALTORS

    3682 Kearney Ave, Memphis, TN 38111
  • /31

    $145,000

    • 2 Beds
    • 2.5 Baths
    • 1,416 Sq Ft

    2680 Central Terrace Unit 10, Memphis, TN 38111

    Beautifully updated 2-bedroom, 2.5-bath condo offering comfort, privacy, and convenience. The interior features attractive bamboo flooring throughout the downstairs living area. Both bedrooms are located upstairs and each has its own private full bathroom, making this layout ideal for roommates, guests, or a comfortable work-from-home setup. A convenient half bath is located downstairs for

    Diane Benson Malkin Marx-Bensdorf, REALTORS

    2680 Central Terrace Unit 10, Memphis, TN 38111
  • /17

    $191,000

    New Construction
    • 3 Beds
    • 2 Baths
    • 1,350 Sq Ft

    3275 Seminole Rd, Memphis, TN 38111

    back on the market - Beautiful newly constructed 3-bedroom, 2-bathroom home with luxury wood laminate floors throughout. Available to low-to-moderate income first-time homebuyers. NO investors. $25k downpayment assistance is available.

    Tammy Coleman Legendary Realty

    3275 Seminole Rd, Memphis, TN 38111
  • /13

    $124,900

    • 2 Beds
    • 1 Bath
    • 815 Sq Ft

    3334 Sharpe Ave, Memphis, TN 38111

    Fully renovated and income-producing property currently rented at $1,100/month, offering immediate cash flow for investors and landlords. This home has been updated inside and out, minimizing maintenance and capital expenditures for years to come. Interior features include luxury vinyl plank flooring, modern light fixtures, and ceiling fans with remotes throughout. The kitchen has been completely

    Joshua Moss KAIZEN Realty, LLC

    3334 Sharpe Ave, Memphis, TN 38111
  • /2

    $120,000

    • 2 Beds
    • 1 Bath
    • 864 Sq Ft

    3591 Kearney Ave, Memphis, TN 38111

    Incredible investment opportunity available with tremendous cash flow and huge potential upside! This property is currently rented for $945/mo. Multiple properties available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied AND have value add upside. Many of these homes have had significant rehab done in the past few years.

    William Haynes Crye-Leike, Inc., REALTORS

    3591 Kearney Ave, Memphis, TN 38111
  • /24

    $125,000

    $15K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,116 Sq Ft

    3767 Mandalay Dr, Memphis, TN 38111

    Fully renovated and move in ready, this versatile home offers 4 bedrooms and 1.5 baths . Beautifully updated with smooth ceilings, LVP flooring throughout, and porcelain tile in the kitchen. Enjoy a spacious kitchen plus dining area perfect for everyday living and entertaining, along with a spacious separate laundry room for added convenience. Whether you’re a homeowner seeking flexibility or an

    Cali Neal KAIZEN Realty, LLC

    3767 Mandalay Dr, Memphis, TN 38111
  • /2

    $120,000

    • 2 Beds
    • 1 Bath
    • 1,136 Sq Ft

    812 Normal Cir, Memphis, TN 38111

    Incredible investment opportunity available with tremendous cash flow and huge potential upside! This home is currently rented for $1095/mo with a market rent of $1200/mo. Multiple properties available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied AND have value add upside. Many of these homes have had significant rehab

    William Haynes Crye-Leike, Inc., REALTORS

    812 Normal Cir, Memphis, TN 38111
  • /19

    $158,000

    $11K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,333 Sq Ft

    3512 Wilshire Rd, Memphis, TN 38111

    Gorgeous studs in remodel! Excellent curb appeal! 4 bed/ 2 bath, fully fenced. Light oak LVP floors, smooth ceilings, updated kitchen and baths! New kitchen cabinets and subway tile. New roof and HVAC. Come see it for yourself!

    Amanda Kirkman KAIZEN Realty, LLC

    3512 Wilshire Rd, Memphis, TN 38111
  • /19

    $104,000

    $15K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,334 Sq Ft

    995 Echles St, Memphis, TN 38111

    OPEN HOUSES: Sat April 25 10am-1200pm. This home is lovely! It is full of character & opportunity. Priced for a quick sale. Step onto the enclosed front porch, a quintessential Southern feature, complete with a ceiling fan, and oversized multi-pane windows. Inside, you’ll find hardwood floors throughout most of the home, arched doorways connecting the living and dining areas, and painted accent

    Stacy Hobson J Hunter Realty

    995 Echles St, Memphis, TN 38111
  • /16

    $169,500

    • 3 Beds
    • 1 Bath
    • 1,123 Sq Ft

    3788 Allandale Ln, Memphis, TN 38111

    Charming 3 bedroom, 1 bath home with a functional layout and plenty of natural light throughout. Features include a spacious living area, updated kitchen, and a large backyard perfect for entertaining, pets, or relaxing evenings outdoors. Conveniently located near shopping, dining, and schools, this home is a great opportunity for first time buyers, investors, or anyone looking for comfortable

    Qazi Ahmad Renshaw Company, REALTORS

    3788 Allandale Ln, Memphis, TN 38111
  • /9

    $124,000

    • 2 Beds
    • 2 Baths
    • 918 Sq Ft

    232 S Highland St Unit 505, Memphis, TN 38111

    Nicely updated condo near University of Memphis, walkable dining and shopping also. Fifth floor view from three oversized windows, westward for sunsets, seasonal foliage and fireworks at the stadium. Updates include new kitchen-dining floor, new tile and step access in hall bath, ceiling fan and walk-in closet in each bedroom. New laundry facilities on every floor and updated lobby decor for a

    Larry Alexander REMAX Experts

    232 S Highland St Unit 505, Memphis, TN 38111
  • /34

    $119,900

    $15K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,239 Sq Ft

    3621 Vanuys Rd, Memphis, TN 38111

    Welcome to 3621 Vanuys Rd, a charming 3-bedroom, 1.5-bathroom ranch situated on a spacious and level 0.260-acre lot in the heart of the 38111 area. This property stands out with a unique and welcoming 16x6 formal entry foyer that leads into a thoughtfully designed interior. You'll find beautiful hardwoods throughout the main living spaces, providing a timeless and durable foundation. The bedrooms

    Christopher Stjernholm Trelora Realty

    3621 Vanuys Rd, Memphis, TN 38111
  • /13

    $135,000

    $10K PRICE DROP
    • Land
    • 24,829 Sq Ft
    • $236,842 per Acre

    3984 Douglass Ave, Memphis, TN 38111

    Fantastic development opportunity in the thriving Normal Station neighborhood. These two adjoining undeveloped parcels (046052 00041 & 046052 00042), identified as 3984 Douglass and 0 Douglass, are offered together, creating a rare chance to build in a high demand area steps from the University of Memphis. With strong rental demand, consistent appreciation, and limited buildable land nearby, this

    Linda Saunders BEST Real Estate Company

    3984 Douglass Ave, Memphis, TN 38111
  • /4

    $139,900

    • Land
    • 13,503 Sq Ft
    • $451,290 per Acre

    4305 Haverhill Rd, Memphis, TN 38111

    Set on a generous ~103' x 140' (0.31 acre) homesite in an established East Memphis neighborhood, this property offers the opportunity to design and build the residence you’ve always envisioned. The mature setting and enduring character of the community make this level lot an ideal canvas for your plans. Homesites of this quality and location are a rare find in East Memphis—an exceptional

    Kenneth Koleyni KeKo Realty, LLC

    4305 Haverhill Rd, Memphis, TN 38111

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