Homes in 38111 under $200,000

• 

  

  

  /21

  $110,000

  • 2 Beds
  • 1 Bath
  • 875 Sq Ft

  1146 Echles St, Memphis, TN 38111

  Cash-flowing at $1,050/month. Resident has been here several years and would like to stay. Just passed Section-8/MHA inspection! House is in great shape and maintenance has been minimal. No inspections without accepted contract. Tenant rights, do not disturb. Great opportunity for steady

  Mario Jaramillo Highland Realty Services

  1146 Echles St, Memphis, TN 38111
• 

  

  

  /14

  $134,900

  • 2 Beds
  • 1 Bath
  • 929 Sq Ft

  842 S Graham St, Memphis, TN 38111

  Quiet neighborhood. Beautiful wood work inside. Newly refinished hardwoods, interior and exterior paint. Nice deck overlooking the large fenced backyard. Great for relaxing.

  Les Jones Brookfield Properties, Inc.

  842 S Graham St, Memphis, TN 38111
• 

  

  

  /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
• 

  

  

  /13

  $100,000

  • 2 Beds
  • 1 Bath
  • 908 Sq Ft

  1023 Parkland Rd, Memphis, TN 38111

  Excellent opportunity for buyers seeking steady rental income $1,000/month rent | Lease ends 12/01/2026. Stable tenant, strong rental demand, and great passive income potential. Situated on a generous 0.25-acre lot, just minutes from the University of Memphis. Lease and Ledger available on request.

  Lakesha Lilly Leatherwood The Home Partners Realty

  1023 Parkland Rd, Memphis, TN 38111
• 

  

  

  /13

  $119,000

  • 3 Beds
  • 1.5 Baths
  • 1,044 Sq Ft

  4021 Southlawn Ave, Memphis, TN 38111

  RENTAL PROPERTY. TENANT RIGHTS. DO NOT DISTURB TENANTS!!! DRIVE-BY ONLY!!! No sign on property. Monthly rent is $995. Text or call listing agent for more details. No showings without an accepted offer.

  Brook Loper 901 Properties

  4021 Southlawn Ave, Memphis, TN 38111
• 

  

  /23

  $135,000

  • 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
• 

  

  /19

  $158,000

  • 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
• 

  

  /6

  $175,000

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

  3654 Kearney Ave, Memphis, TN 38111

  Awesome East Memphis Duplex for sale! One side rented ($850/mo.), the other will be vacant effective Feb 2026. Very close to the University of Memphis. Great long-term investment property. Or you could live in one side and collect rent in the other (house hack). FHA, VA, Conventional offers welcome. This is a great location with a large yard. ONLINE VIDEO AVALAIABLE UPON REQUEST. Property is

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3654 Kearney Ave, Memphis, TN 38111
• 

  

  /10

  $150,000

  • 3 Beds
  • 2 Baths
  • 1,302 Sq Ft

  3680 Marion Ave, Memphis, TN 38111

  Investors or first-time home buyers dream all the hard work is done. Just need some trim paint and doors re-hung. Three bedrooms, two baths and laundry closet. New roof 2024, new Hvac 2025, new and refurbished floors 2025, new gas water heater 2025, new windows 2024, new gas stove still in box, new kitchen cabinets, bathrooms remodeled, backdoor and screen door new.

  Nancy Williams Weichert, REALTORS-BenchMark

  3680 Marion Ave, Memphis, TN 38111
• 

  

  /25

  $119,900

  • 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
• 

  

  /7

  $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
• 

  

  /23

  $169,800

  • 3 Beds
  • 1 Bath
  • 1,255 Sq Ft

  3753 Friar Tuck Rd, Memphis, TN 38111

  Investors, first time homebuyers.... Great opportunity to own a move in ready house at such a great price! Freshly painted and in truly move in condition! Beautiful hardwood floors, wood blinds throughout, updated kitchen and bath. Updates include new HVAC in 2022, H2O tank 2022, Blown Insulation 2024. Minutes to the University of Memphis. Quiet street tucked in the middle of Sherwood Forest

  Alison Restivo The Restivo Group, REALTORS

  3753 Friar Tuck Rd, Memphis, TN 38111
• 

  /2

  $199,000

  • Land
  • 0.42 Acre
  • $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
• 

  

  /11

  $148,800

  • 4 Beds
  • 2 Baths
  • 1,421 Sq Ft

  1387 Oak Ridge Dr, Memphis, TN 38111

  Now with a private mother-in-law suite! This East Memphis home offers a rare setup with a separate-entrance suite—perfect for extended family, guests, or income potential. Enjoy flexible living with privacy built in, whether you need space for relatives, a home office, or a rental option. Conveniently located near shopping, dining, and everyday essentials, this home delivers versatility that’s

  Bill Pointer Get Listed

  1387 Oak Ridge Dr, Memphis, TN 38111
• 

  

  /4

  $140,000

  • Land
  • 0.31 Acre
  • $451,613 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
• 

  

  /15

  $103,000

  • 2 Beds
  • 1.5 Baths
  • 1,054 Sq Ft

  3445 Pruett Ct, Memphis, TN 38111

  Gated Condo Complex located mins from the University of Memphis and Highland Strip. This 2bed/1.5 bath could make a great investment for an investor or home for an owner occupant. Living Room, Dining Area, and Fenced in Patio Area. HOA is $140 monthly and covers exterior maintenance repairs, property insurance, landscaping & grounds cleaning, pest control, water/sewer for property, utilities for

  Monica Bynum Crye-Leike, Inc., REALTORS

  3445 Pruett Ct, Memphis, TN 38111
• 

  

  /11

  $105,000

  • 2 Beds
  • 1.5 Baths
  • 1,054 Sq Ft

  3438 Spottswood Ave, Memphis, TN 38111

  Beautiful townhouse condo with 2 bedrooms and 1.5 baths. Very close to the action! Right off the Highland Strip and blocks away from the University of Memphis campus. Can be purchased for rental. HOA: monthly fee is $140/unit & covers: exterior maintenance repairs; HOA property insurance; landscaping & grounds cleaning; pest control; water/sewer for property; utilities for exterior lights &

  Adam Watson Keller Williams

  3438 Spottswood Ave, Memphis, TN 38111
• 

  /2

  $164,900

  • 4 Beds
  • 2 Baths
  • 2,376 Sq Ft

  3548 Carrington Rd, Memphis, TN 38111

  High-end investment opportunity by the U of M! This house was purchased in 2023 as, essentially, a full rehab, but the owner continued to do some much-needed work to it to get it rent-ready and to put the finishing touches on! It's such a great property in the University of Memphis area and a RARE 4/2! A/C replaced Oct. 25, with new cage. New fence installed 2024, along with roof repair and

  Randall Weatherall Memphis Metro Realty

  3548 Carrington Rd, Memphis, TN 38111
• 

  

  /40

  $179,900

  • 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
• 

  

  /12

  $175,000

  • 3 Beds
  • 1 Bath
  • 1,164 Sq Ft

  766 Buck St, Memphis, TN 38111

  Seize this excellent investment opportunity in the vibrant Normal Station neighborhood! This charming 3-bedroom, 1-bathroom home offers both immediate rental income and future potential. For the past 2 years, property has been leased for $1,350 per month, this property provides a reliable revenue stream. Its prime location ensures easy access to the University of Memphis, Botanical Gardens, and

  Brittany Denny The Firm

  766 Buck St, Memphis, TN 38111
• 

  

  /14

  $158,900

  • 4 Beds
  • 2 Baths
  • 1,670 Sq Ft

  1505 Titus Rd, Memphis, TN 38111

  INVESTOR SPECIAL would work great to add to your portfolio! This 4 Bedroom 2 Home Also also has an above Ground Pool. There is also a MIL quarters out back with 2 bedrooms 1 bath! This has 800 Sq Ft. New Windows, 2 Year 30 Year Shingle Roof!! with New Turbins! Upgraded Ceramic Tile! Do Not Approach the House... Tenants rights. MO to Mo: Front Room $850/mo, Next Room $750/mo Back MIL Quarters for

  Jennifer Clark Tiger Realty

  1505 Titus Rd, Memphis, TN 38111
• 

  

  /13

  $134,000

  • 7 Beds
  • 8 Baths
  • 2,000 Sq Ft

  1497 Titus Rd, Memphis, TN 38111

  OPPORTUNITY KNOCKS! INVESTOR SPECIAL.... This home currently has 7 Bedrooms and 8 Bathrooms, an In-Ground Pool 16x35!! This would make a Great Air Bnb or short-term Rental Opportunity Game Room, Separate Den, Dining Room, and Kitchen with an island. This home needs to be converted into a 2000 square ft 4 bedroom 3 bathroom. Don't miss out! The Property Next Door is also for Sale! Make your

  Jennifer Clark Tiger Realty

  1497 Titus Rd, Memphis, TN 38111
• 

  

  /16

  $149,800

  • 3 Beds
  • 1.5 Baths
  • 1,265 Sq Ft

  1809 Cherry Rd, Memphis, TN 38117

  Come see this beautiful move-in ready home! Freshly painted interior and big back yard. Perfect for a family to move right in!

  Frank Colvett REMAX Experts

  1809 Cherry Rd, Memphis, TN 38117
• 

  

  /26

  $165,000

  • 3 Beds
  • 1 Bath
  • 1,136 Sq Ft

  740 Loeb St, Memphis, TN 38111

  Welcome to this spacious 3-bedroom, 1-bath home just minutes from the University of Memphis. Whether you’re a college student, looking for a primary residence, or seeking a solid investment property, this home checks all the boxes. Enjoy an inviting layout with hardwood floors throughout, a bonus room with laundry, a carport, and a large fenced in backyard. The roof is only 7 years old. Come see

  Court Satterfield Faith Management & Realty Grou

  740 Loeb St, Memphis, TN 38111
• 

  

  /18

  $189,900

  • 4 Beds
  • 2 Baths
  • 2,156 Sq Ft

  3844 Wilshire Rd, Memphis, TN 38111

  Here's your chance to own a renovated 4br 2ba, including the 1br 1ba efficiency attached in Sherwood Forrest. Very close to U of M. The efficiency apartment is currently tenant occupied at $900/mo. The 4br 2ba is vacant and easy to show. Showing of the occupied unit will be only after accepted offer. Great house-hack opportunity!

  Caleb Parr Renshaw Company, REALTORS

  3844 Wilshire Rd, Memphis, TN 38111
• 

  

  /12

  $105,000

  • 2 Beds
  • 1 Bath
  • 847 Sq Ft

  3792 Dunn Ave, Memphis, TN 38111

  INVESTERS ONLY! Tenant occupied lovely 2Bed 1Bath home in East Memphis. Rent is $895/mo. Home was rehabbed within the last 18 months before the current tenant moved in. Seller installed new central A/C, new water heater, new interior/exterior paint, updated tile floors, new bathroom fixtures, refinished hardwood floors, new countertops, new light fixtures, plus huge backyard. Could be a great

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3792 Dunn Ave, Memphis, TN 38111
• 

  

  /25

  $195,000

  • 3 Beds
  • 1 Bath
  • 1,158 Sq Ft

  3256 N Waynoka Cir, Memphis, TN 38111

  Charming 3-bedroom, 1-bath home in a fantastic East Memphis location—just moments from the Greenline, local parks, and shopping. This home has brand new HVAC, windows, and Crawl Space Enclosure. A wonderful opportunity for first-time buyers or investors seeking a quality East Memphis rental. Inside, you’ll find beautiful hardwood floors and smooth ceilings throughout, creating a warm and inviting

  Amanda Lott BHHS McLemore & Co., Realty

  3256 N Waynoka Cir, Memphis, TN 38111
• 

  

  /24

  $118,900

  • 3 Beds
  • 2 Baths
  • 1,272 Sq Ft

  1309 Semmes St, Memphis, TN 38111

  Investor opportunity in a very strong rental market! This home offers a 3-bedroom, 2-bath split floor plan and 1,319 sq. ft. of living space on a fenced 0.25-acre lot. Features include central heat and air, newer dimensional roof, updated electrical panel with room to expand, new thermostat, central heat and air, new LED lighting throughout. Interior highlights include a spacious den, a large

  Heath Gooch STIXNBRIX

  1309 Semmes St, Memphis, TN 38111
• 

  

  /28

  $183,900

  • 3 Beds
  • 1 Bath
  • 1,272 Sq Ft

  991 McEvers Rd, Memphis, TN 38111

  Great home with more loads of space. Living room dinning room combination with 3 nice size bedrooms. Home has new paint and luxury wood laminate flooring. All systems including roof have been replaced in the last few years. Permeant attic stairs to attic space and two bonus rooms - small closet upstairs could be for additional bedroom. Nice size yard with large patio are and single garage that

  Carol Dupree Crye-Leike, Inc., REALTORS

  991 McEvers Rd, Memphis, TN 38111
• 

  

  /21

  $169,000

  • 3 Beds
  • 1 Bath
  • 1,353 Sq Ft

  3244 Spottswood Ave, Memphis, TN 38111

  Charming home located in the heart of Memphis. This home features 3 bedrooms and 1 bathroom, providing a comfortable and spacious living space. Upon entering, you are welcomed by a cozy living area with hardwood floors, large windows, and a fireplace. The open-concept layout leads into the well-appointed kitchen, which includes plenty of cabinet space. There is a two-car garage located at the

  Jessica Ennis Renshaw Company, REALTORS

  3244 Spottswood Ave, Memphis, TN 38111
• 

  

  /27

  $150,000

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

  2663 Central Terrace Unit 30, Memphis, TN 38111

  Welcome to a prime unit in Villas at Chickasaw Condominiums, your secure, gated retreat in the heart of Midtown just minutes from the Liberty Bowl Stadium, U of M, and CBU! This stylish condo is designed for modern living. The main level boasts an open-concept living and dining area, complemented by a stunning kitchen featuring a central island, stainless steel appliances, updated lighting, and a

  MeYucca Rayner Crye-Leike, Inc., REALTORS

  2663 Central Terrace Unit 30, Memphis, TN 38111
• 

  /2

  $109,900

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

  3672 Maid Marian Ln, Memphis, TN 38111

  Fantastic investment opportunity in the Shelby area. This 2br/2 bath single-family home is in the 38111 area. Cash flowing with a monthly rental amount of $935/month. The lease ends on 02/28/2027. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3672 Maid Marian Ln, Memphis, TN 38111
• 

  

  /12

  $138,000

  • 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
• 

  

  /13

  $145,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  2974 Waverly Ave, Memphis, TN 38111

  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

  2974 Waverly Ave, Memphis, TN 38111
• 

  

  /20

  $175,000

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

  582 Watson St, Memphis, TN 38111

  Tenant occupied - no showings without an accepted contract. This is a great investment opportunity. Currently, it rents for $1,575 a month, and the lease will end on 12/31/2025. It can be sold separately or as a package deal along with 572 Watson, 3739 Spottswood, and 3863 Spottswood.

  Crystal Mitchell Renshaw Company, REALTORS

  582 Watson St, Memphis, TN 38111
• 

  

  /20

  $190,000

  • 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 572 Watson St, 582 Watson St, and 3863 Spottswood Ave.

  Crystal Mitchell Renshaw Company, REALTORS

  3739 Spottswood Ave, Memphis, TN 38111
• 

  

  /40

  $133,800

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

  232 S Highland St Unit 608, Memphis, TN 38111

  "The Edinborough" is the lifestyle that you want to live in the heart of Memphis with a 24/7 Doorman. ( 3% closing costs help w/ a full price offer)This exclusive 2 bedroom, 2 bath condominium has a 6th floor corner view of the swimming pool. Close to White Station Schools & The University of Memphis. Lots of countertop & cabinet space in kitchen. New hot water heater, new floor in dr, new

  Robert Farris Crye-Leike, Inc., REALTORS

  232 S Highland St Unit 608, Memphis, TN 38111
• 

  

  /3

  $129,900

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

  3465 Spottswood Ave, Memphis, TN 38111

  Terrific investment opportunity! Professionally managed and tenant occupied home for sale. Hard to find 3 bedroom 2 bathroom home with bonus room (at this price point). Currently rented for $950/mo with a $950 security deposit on file (rental upside since it is a 3/2 with a bonus room). Lease ends 2/28/26. Home is steps away from the University of Memphis and is a great long term hold. Values are

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3465 Spottswood Ave, Memphis, TN 38111
• 

  

  /8

  $137,000

  • 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
• 

  /2

  $150,000

  • 3 Beds
  • 2 Baths
  • 1,663 Sq Ft

  777 S Prescott St, Memphis, TN 38111

  Calling all investors, tenant occupied property currently rented at $1345 a month with lease sending 04/30/2026, with professional management in place. Add this spacious 3 bed/ 2 bath home with garage to your investment portfolio for only 150k in East Memphis.

  Amanda Kirkman KAIZEN Realty, LLC

  777 S Prescott St, Memphis, TN 38111

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