Homes in 38127 under $200,000

• 

  

  

  /19

  $125,000

  • 3 Beds
  • 1 Bath
  • 992 Sq Ft

  2158 Pueblo Ave, Memphis, TN 38127

  Take advantage of powerful homebuyer programs that can make ownership more affordable than ever, including potential 0% down payment options & first-time buyer assistance through CCM Smart Start with up to $5,250 available as a grant that does not have to be repaid. Located in one of the quietest pockets of Frayser in 38127, this move-in ready 3-bedroom, 1-bath home offers just under 1,000 square

  

  Jordan Ray

  eXp Realty, LLC

  (901) 660-5595

  2158 Pueblo Ave, Memphis, TN 38127
• 

  

  

  /26

  $155,000

  • 3 Beds
  • 2 Baths
  • 1,466 Sq Ft

  2535 Clearpark Dr, Memphis, TN 38127

  Move-in ready and affordably priced, this charming 3-bedroom, 2-bathroom home offers comfort and convenience for any lifestyle. The large backyard is perfect for entertaining or relaxing outdoors. Don't miss this incredible opportunity to own a beautiful home that is ready for you to move right in!!

  

  Randell Richmond

  eXp Realty, LLC

  (901) 235-2694

  2535 Clearpark Dr, Memphis, TN 38127
• 

  

  /2

  $150,000

  • 4 Beds
  • 2 Baths
  • 1,415 Sq Ft

  4432 Sunny View Dr, Memphis, TN 38127

  TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Property is rented for $1,556/month & the lease ends on 11/30/2026. Section 8 tenant. MHA pays 100% of tenant rent. 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 3014 Spottswood Ave 38111. The seller can sell the properties as a

  

  Jordan Ray

  eXp Realty, LLC

  (901) 668-5443

  4432 Sunny View Dr, Memphis, TN 38127
• 

  

  /2

  $140,000

  • 4 Beds
  • 1.5 Baths
  • 1,708 Sq Ft

  2381 Hillside Ave, Memphis, TN 38127

  Move-in ready 4-bedroom, 1.5-bath home offering approximately 1,700 square feet of living space on a spacious 0.33-acre lot. This property features a functional floor plan with generously sized bedrooms and comfortable living areas, making it ideal for both homeowners and investors. The home includes a large yard with plenty of space for outdoor activities, along with convenient covered parking.

  

  Caleb Hall

  Keller Williams

  (901) 698-3192

  2381 Hillside Ave, Memphis, TN 38127
• 

  

  /2

  $104,990

  • 3 Beds
  • 1 Bath
  • 1,005 Sq Ft

  916 Carrolton Ave, Memphis, TN 38127

  Do not disturb tenant! Home currently under two year lease. Perfect investment property with solid tenant!

  

  Leaser Coleman

  Empire Realty, LLC

  (901) 445-8464

  916 Carrolton Ave, Memphis, TN 38127
• 

  /2

  $120,400

  • 3 Beds
  • 1 Bath
  • 853 Sq Ft

  2575 Dakar Ave, Memphis, TN 38127

  Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

  

  Patrice Williams-Wooten

  Keller Williams

  (901) 445-9050

  2575 Dakar Ave, Memphis, TN 38127
• 

  /2

  $120,400

  • 3 Beds
  • 1 Bath
  • 854 Sq Ft

  4623 Sunnybrook St, Memphis, TN 38127

  Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

  

  Patrice Williams-Wooten

  Keller Williams

  (901) 554-4971

  4623 Sunnybrook St, Memphis, TN 38127
• 

  /2

  $120,400

  • 3 Beds
  • 1 Bath
  • 842 Sq Ft

  4464 Range Line Rd, Memphis, TN 38127

  Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

  

  Patrice Williams-Wooten

  Keller Williams

  (901) 675-6625

  4464 Range Line Rd, Memphis, TN 38127
• 

  /2

  $120,400

  • 3 Beds
  • 1 Bath
  • 852 Sq Ft

  4511 Range Line Rd, Memphis, TN 38127

  Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal, bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

  

  Patrice Williams-Wooten

  Keller Williams

  (901) 582-8643

  4511 Range Line Rd, Memphis, TN 38127
• 

  /2

  $120,400

  • 3 Beds
  • 1 Bath
  • 853 Sq Ft

  4537 Suncrest Dr, Memphis, TN 38127

  Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

  

  Patrice Williams-Wooten

  Keller Williams

  (901) 668-8883

  4537 Suncrest Dr, Memphis, TN 38127
• 

  /2

  $120,400

  • 3 Beds
  • 1 Bath
  • 854 Sq Ft

  4511 Beacon Hill Dr, Memphis, TN 38127

  Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

  

  Patrice Williams-Wooten

  Keller Williams

  (901) 675-6020

  4511 Beacon Hill Dr, Memphis, TN 38127
• 

  /2

  $130,400

  • 4 Beds
  • 1 Bath
  • 858 Sq Ft

  4498 Beacon Hill Cove, Memphis, TN 38127

  Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

  

  Patrice Williams-Wooten

  Keller Williams

  (901) 883-7574

  4498 Beacon Hill Cove, Memphis, TN 38127
• 

  /2

  $145,400

  • 4 Beds
  • 2 Baths
  • 1,568 Sq Ft

  2620 Maverick Ave, Memphis, TN 38127

  Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

  

  Patrice Williams-Wooten

  Keller Williams

  (901) 660-8007

  2620 Maverick Ave, Memphis, TN 38127
• 

  /2

  $120,400

  • 3 Beds
  • 1 Bath
  • 852 Sq Ft

  4485 Beacon Hill Dr, Memphis, TN 38127

  Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

  

  Patrice Williams-Wooten

  Keller Williams

  (901) 657-6692

  4485 Beacon Hill Dr, Memphis, TN 38127
• 

  /2

  $120,400

  • 3 Beds
  • 1 Bath
  • 852 Sq Ft

  4520 Beacon Hill Dr, Memphis, TN 38127

  Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

  

  Patrice Williams-Wooten

  Keller Williams

  (901) 673-2937

  4520 Beacon Hill Dr, Memphis, TN 38127
• 

  /2

  $120,400

  • 3 Beds
  • 1 Bath
  • 1,138 Sq Ft

  4494 Beacon Hill Cove, Memphis, TN 38127

  Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

  

  Patrice Williams-Wooten

  Keller Williams

  (901) 621-5730

  4494 Beacon Hill Cove, Memphis, TN 38127
• 

  /2

  $120,400

  • 3 Beds
  • 1 Bath
  • 856 Sq Ft

  4502 Beacon Hill Cove, Memphis, TN 38127

  Calling investors looking to build their rental portfolio! Cash flowing, turn-key property. Seller prefers to sell as a 12-property package deal bringing in over $10k per month. 9 of the 12 properties have tenants in place with leases that end October 2026. Seller may consider selling separately. Tenant rights. Do not disturb tenants. No showings without an accepted offer. See MLS docs for other

  

  Patrice Williams-Wooten

  Keller Williams

  (901) 660-9585

  4502 Beacon Hill Cove, Memphis, TN 38127
• 

  /2

  $100,000

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

  851 Floyd Ave, Memphis, TN 38127

  Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Vacant as of 1/31/26

  

  Caleb Hall

  Keller Williams

  (901) 668-6238

  851 Floyd Ave, Memphis, TN 38127
• 

  /2

  $113,000

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

  854 Carrolton Ave, Memphis, TN 38127

  Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Vacant as of 1/31/26.

  

  Caleb Hall

  Keller Williams

  (901) 673-2982

  854 Carrolton Ave, Memphis, TN 38127
• 

  /2

  $114,000

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

  828 Floyd Ave, Memphis, TN 38127

  Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $825/mo. Professionally managed. Lease expires on 3/30/26.

  

  Caleb Hall

  Keller Williams

  (901) 902-5053

  828 Floyd Ave, Memphis, TN 38127
• 

  /2

  $102,750

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

  1030 Floyd Ave, Memphis, TN 38127

  Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $950/mo. Professionally managed. Lease expires on 1/30/26

  

  Caleb Hall

  Keller Williams

  (901) 669-4348

  1030 Floyd Ave, Memphis, TN 38127
• 

  /2

  $116,000

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

  823 Par Ave, Memphis, TN 38127

  Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $1,100/mo. Professionally managed. Lease expires on 3/18/26.

  

  Caleb Hall

  Keller Williams

  (901) 621-8434

  823 Par Ave, Memphis, TN 38127
• 

  /2

  $110,000

  • 4 Beds
  • 1 Bath
  • 1,600+ Sq Ft

  951 Joel Ave, Memphis, TN 38127

  Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $800/mo. Professionally managed. Lease expires on 8/30/25

  

  Caleb Hall

  Keller Williams

  (901) 617-7556

  951 Joel Ave, Memphis, TN 38127
• 

  /2

  $102,000

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

  3294 Benjestown Rd, Memphis, TN 38127

  Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Vacant as of 1/31/26

  

  Caleb Hall

  Keller Williams

  (901) 676-8719

  3294 Benjestown Rd, Memphis, TN 38127
• 

  /2

  $108,500

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

  803 Par Ave, Memphis, TN 38127

  Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $1,100/mo. Professionally managed. Lease expires on 3/30/26

  

  Caleb Hall

  Keller Williams

  (901) 668-6064

  803 Par Ave, Memphis, TN 38127
• 

  /2

  $100,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3553 Randolph St, Memphis, TN 38127

  Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $850/mo. Professionally managed. Lease expires on 12/31/25

  

  Caleb Hall

  Keller Williams

  (901) 763-6496

  3553 Randolph St, Memphis, TN 38127
• 

  /2

  $102,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  3176 Benjestown Rd, Memphis, TN 38127

  Part of a 49 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $775/mo. Professionally managed. Lease expires on 8/30/25

  

  Caleb Hall

  Keller Williams

  (901) 673-2392

  3176 Benjestown Rd, Memphis, TN 38127
• 

  /2

  $113,000

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

  646 Semple Ave, Memphis, TN 38127

  Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $850/mo. Professionally managed. Lease expires on 12/31/25.

  

  Caleb Hall

  Keller Williams

  (901) 617-7502

  646 Semple Ave, Memphis, TN 38127
• 

  /2

  $104,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3633 Early St, Memphis, TN 38127

  Buyer Failed financing, price under appraised value. Part of a 39 Home package all in 38127! Excellent investment property! Meticulously maintained . Newer roof. Tenant Occupied. No showings without accepted offer. Current rent is $725/mo. Professionally managed. Lease expires on 8/30/25

  

  Caleb Hall

  Keller Williams

  (901) 617-7953

  3633 Early St, Memphis, TN 38127
• 

  

  /14

  $144,500

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

  3736 W Donna Dr, Memphis, TN 37127

  Welcome home to this charming four bedroom two bath home with a unique floor plan and huge fenced in back yard for entertaining. Primary bedroom with a private bath, one bath in hallway. Home has been renovated!

  

  Leaser Coleman

  Empire Realty, LLC

  (629) 263-7576

  3736 W Donna Dr, Memphis, TN 37127
• 

  

  /17

  $109,900

  • 3 Beds
  • 1 Bath
  • 975 Sq Ft

  3284 Parham St, Memphis, TN 38127

  Welcome home! This awesome Move-in ready property would be great for owner occupants and investors alike. This 3 bed, 1 bath home features fresh paint, beautiful hardwood floors, and updated bathroom and kitchen! The two-car garage is huge and has an additional workshop/storage space. Schedule your viewing today before this one is gone!

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  (901) 675-5689

  3284 Parham St, Memphis, TN 38127
• 

  

  /20

  $162,000

  • 3 Beds
  • 1.5 Baths
  • 1,293 Sq Ft

  2869 Dumbarton Oaks Dr, Memphis, TN 38127

  Enjoy lake living in a peaceful community where you can fish or boat daily. This home has been completely renovated and features a modern kitchen with stone countertops. Marble finish tile gives an elegant and modern look to the space. There are two living spaces, allowing flexibility for using this home to accommodate your needs. The bathrooms have been handsomely renovated and this home is like

  

  Meleah Thurmond-Edwards

  KAIZEN Realty, LLC

  (901) 675-6716

  2869 Dumbarton Oaks Dr, Memphis, TN 38127
• 

  

  /12

  $125,800

  • 3 Beds
  • 1 Bath
  • 1,063 Sq Ft

  3914 Schoolfield Rd, Memphis, TN 38127

  Completely Renovated & Move-In Ready! Step into modern comfort in this beautifully renovated 3-bedroom, 1-bath home featuring laminate wood flooring throughout and a fully updated kitchen and bath. The kitchen comes equipped with appliances, perfect for first-time buyers or those seeking turnkey convenience. Enjoy peace of mind with brand-new HVAC, roof, plumbing, and electrical...everything has

  

  Patrice Williams-Wooten

  Keller Williams

  (901) 716-8055

  3914 Schoolfield Rd, Memphis, TN 38127
• 

  

  /11

  $122,400

  • 3 Beds
  • 1 Bath
  • 850 Sq Ft

  4446 Range Line Rd, Memphis, TN 38127

  Stylishly Renovated Gem! Perched gracefully on a hill, this completely renovated 3-bedroom, 1-bath home offers a perfect blend of charm and modern upgrades. Step inside to discover new finishes throughout, from sleek flooring to a beautifully updated kitchen and bath. Enjoy year-round comfort with new HVAC, roof, and electrical systems, plus covered parking for added convenience. The elevated

  

  Patrice Williams-Wooten

  Keller Williams

  (901) 445-9190

  4446 Range Line Rd, Memphis, TN 38127
• 

  

  /6

  $185,000

  • 3 Beds
  • 2 Baths
  • 2,056 Sq Ft

  284 Singingwood Dr, Memphis, TN 38127

  Welcome to 284 Singingwood Drive, a 4-bedroom, 2-bath home with a practical, comfortable layout. The living and dining areas are bright and open, providing space for everyday living. The bedrooms are spacious enough for family, guests, or a home office. The home features an enclosed sunroom, offering a casual spot to enjoy the backyard while staying sheltered. Outside, a private backyard provides

  Jonathan Nunez Fast Track Realty, LLC

  284 Singingwood Dr, Memphis, TN 38127
• 

  

  /19

  $125,000

  • 4 Beds
  • 1.5 Baths
  • 1,326 Sq Ft

  3154 Branch St, Memphis, TN 38127

  Move in ready 4 bedroom, 1.5-bath home! The most recent tenants have moved out, and the property is ready for a new investor or owner-occupant. Recent updates include a new roof, fresh paint, brand-new luxury vinyl plank flooring throughout the living areas and bedrooms, and tile flooring in the kitchen, bathrooms, and laundry room. All appliances will remain and convey as-is. Both bathrooms have

  Juan Torres Fast Track Realty, LLC

  3154 Branch St, Memphis, TN 38127
• 

  

  /40

  $100,000

  • 3 Beds
  • 1.5 Baths
  • 1,275 Sq Ft

  4100 Cliffdale St, Memphis, TN 38127

  Turnkey investment opportunity in the heart of 38127! This tenant-occupied 3-bedroom, 1.5-bath home offers immediate cash flow with a current rental rate of $1,050/month. Featuring a functional layout and a convenient carport, this property is ideal for investors looking to expand their portfolio with a performing asset. Located in a stable rental area with consistent demand, this home provides

  Caleb Parr Renshaw Company, REALTORS

  4100 Cliffdale St, Memphis, TN 38127
• 

  

  /12

  $134,900

  • 3 Beds
  • 1.5 Baths
  • 1,187 Sq Ft

  919 Chesterton Dr, Memphis, TN 38127

  Turnkey investment opportunity with immediate cash flow! This well-maintained property is tenant-occupied and currently generating $1,350/month, offering strong and stable income from day one. Tenant has been in place since October 2025, providing consistent rental history and reduced vacancy risk. Located in an unincorporated area with low county taxes, this property benefits from lower

  David Truong eXp Realty, LLC

  919 Chesterton Dr, Memphis, TN 38127
• 

  

  /34

  $104,900

  • 3 Beds
  • 1.5 Baths
  • 1,463 Sq Ft

  3251 Aden St, Memphis, TN 38127

  Welcome to this inviting 3-bedroom, 1-bathroom traditional home located in the established Frayser community. This property offers a practical layout with a spacious living room that flows into a dedicated dining area, perfect for family gatherings. The interior features neutral tones and durable flooring throughout, providing a move-in-ready canvas for its next owner.

  Tiffany Jones Trelora Realty

  3251 Aden St, Memphis, TN 38127
• 

  

  /5

  $105,000

  • 3 Beds
  • 1.5 Baths
  • 1,670 Sq Ft

  3382 Frayser School Dr, Memphis, TN 38127

  Solid 3-bedroom, 1.5-bath brick ranch built in 1957 with approximately 1,600 sq ft, featuring hardwood, tile and carpet floors, a carport, and a generous 0.38-acre lot in the vibrant Frayser neighborhood.

  James Wachob Foundation Property Management

  3382 Frayser School Dr, Memphis, TN 38127

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