Homes in 38127 under $200,000

• 

  

  

  /18

  $119,900

  • 3 Beds
  • 1 Bath
  • 970 Sq Ft

  1680 Haywood Ave, Memphis, TN 38127

  Property is rented at $995 through 3/31/27. Property received a full renovation in late 2023. Notable updates include new HVAC (2023), new roof (2023), new water heater (gas - 2023), fully renovated kitchen and hall bath. Full scope of work available upon request. Tenant ledger available upon signed contract.

  Adam Thornton Marathon REALTORS, LLC

  1680 Haywood Ave, Memphis, TN 38127
• 

  

  

  /11

  $150,000

  • 3 Beds
  • 2 Baths
  • 1,997 Sq Ft

  2004 Saint Elmo Ave, Memphis, TN 38127

  A MUST SEE!!! Back on the Market!!! TOTALLY RENOVATED!!! Perfect for a first time home buyer!!! No Wholesalers. All offers must be accompanied by proof of funds or a preapproval letter. Video available upon request.

  Shirley Rhynes-Hawkins BEST Real Estate Company

  2004 Saint Elmo Ave, Memphis, TN 38127
• 

  

  

  /14

  $119,900

  • 3 Beds
  • 1 Bath
  • 1,006 Sq Ft

  5319 Braden Dr, Memphis, TN 38127

  INVESTORS ONLY!!! Lovely 3bed 1 bath home just rented out. This could be a great addition to your portfolio. Home was substantially repaired in 2023. Roof, A/C, and water heater should all be less than 5 years old. No sign in the yard. Please do not disturb or approach the tenant. Professionally managed --- Leases, ledgers repair history available upon request. NO SHOWINGS WITHOUT AN ACCEPTED

  Tyler Tapley Crye-Leike, Inc., REALTORS

  5319 Braden Dr, Memphis, TN 38127
• 

  

  

  /10

  $107,000

  • 3 Beds
  • 1 Bath
  • 854 Sq Ft

  4530 Beacon Hill Dr, Memphis, TN 38127

  Fully renovated 3-bedroom, 1-bath home featuring a new roof, windows, flooring, fresh interior and exterior paint, updated bathroom, and new light fixtures throughout. Property is associated with 2851 Carnes Ave and may be purchased individually or as a package. No seller financing or contract assignments. Don’t miss this opportunity!

  Bernard Evans 4 Success Realty, LLC

  4530 Beacon Hill Dr, Memphis, TN 38127
• 

  

  

  /12

  $107,000

  • 3 Beds
  • 1 Bath
  • 1,104 Sq Ft

  2171 Corning Ave, Memphis, TN 38127

  Welcome to 2171 Corning Ave, Memphis, TN 38127! This 3-bedroom, 1-bath home features hard-surface flooring throughout and a bright, spacious living area. The modern kitchen offers large shaker-style cabinets with space for appliances, combining style and functionality. Enjoy year-round comfort with central heat and air, plus the convenience of covered parking. The large fenced backyard provides

  James Wachob Foundation Property Management

  2171 Corning Ave, Memphis, TN 38127
• 

  

  /15

  $110,000

  • 2 Beds
  • 1.5 Baths
  • 1,030 Sq Ft

  2080 Sharon Ln, Memphis, TN 38127

  Great home in great location! This property was fully rehabbed in 2023 and these pictures are from the most recent rent ready. This property was currently rented for $1,135 but the current tenant is being evicted. This is priced at the 1% rent to price and will be an excellent addition for the savvy investor and also equity locked in at purchase. No showings without accepted offer and please do

  Stephen Akindona Kairos Realty

  2080 Sharon Ln, Memphis, TN 38127
• 

  

  /30

  $162,000

  • 4 Beds
  • 2 Baths
  • 1,298 Sq Ft

  3858 Ajanders Dr, Memphis, TN 38127

  Welcome home! This charming 4-bedroom ranch offers comfort, space, and versatility--perfect for first-time buyers or anyone ready to settle in. Abundant natural light and brand-new windows throughout create a bright, welcoming atmosphere. The open floorplan is ideal for everyday living, with a spacious living room flowing seamlessly into the kitchen and adjoining dining nook, making it easy to

  Phil Hopewell Results MLS REALTORS

  3858 Ajanders Dr, Memphis, TN 38127
• 

  

  /29

  $155,000

  • 4 Beds
  • 2 Baths
  • 1,104 Sq Ft

  5328 Clinchport Cir, Memphis, TN 38127

  MHFA RENTAL AT $1550 per month!! 1% CASH FLOW- ONE YEAR BUILDER WARRANTY, Tenant in annual lease 4 BR 2 Bath home fully renovated in super-hot and growing rental market! New roof, exterior paint, new floors, bathrooms, and kitchen- LVP, tile and carpet- new condenser, furnace, hot water heater, lighting, and fixtures. No owner finance or wholesalers. contact Alissa for showing!

  Alissa Anderson KAIZEN Realty, LLC

  5328 Clinchport Cir, Memphis, TN 38127
• 

  

  /21

  $129,500

  • 3 Beds
  • 2 Baths
  • 1,833 Sq Ft

  1026 Cindy Ln, Memphis, TN 38127

  Great home in great location! This property was fully rehabbed in 2023 and these pictures are from the most recent rent ready. This property is currently rented for $1,295 and is cash flowing from day 1. This is priced at the 1% rent to price and will be an excellent addition for the savvy investor and also equity locked in at purchase. No showings without accepted offer and please do not disturb

  Stephen Akindona Kairos Realty

  1026 Cindy Ln, Memphis, TN 38127
• 

  

  /10

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,108 Sq Ft

  818 Margie Dr, Memphis, TN 38127

  Solid brick home with fresh interior paint, new kitchen countertops, and tile flooring in the kitchen. The property features a fenced front yard with a secure gate, offering added privacy.

  Wei Zhai eXp Realty, LLC

  818 Margie Dr, Memphis, TN 38127
• 

  

  /9

  $112,900

  • Land
  • 20.66 Acres
  • $5,465 per Acre

  0 Old Millington Rd, Memphis, TN 38127

  Discover an unmatched outdoor opportunity situated directly on the northwest edge of Memphis. This premier hunting and recreational tract offers the rare combination of high-caliber wildlife habitat and incredible urban convenience, allowing you to be in your deer stand just minutes after leaving downtown or East Memphis. Key Features & Habitat Elite Wildlife Location: The property adjoins

  William Patton National Land Realty, LLC

  0 Old Millington Rd, Memphis, TN 38127
• 

  

  /14

  $139,900

  • 4 Beds
  • 2 Baths
  • 1,647 Sq Ft

  2721 Nix Cove, Memphis, TN 38127

  Recent rehab in past 2 years. Tenant occupied currently rented for $1,395 month. Valid lease until 9/26. Pictures are after rehab and before tenant. Great turn key rental.

  Joe King Marathon REALTORS, LLC

  2721 Nix Cove, Memphis, TN 38127
• 

  

  /13

  $124,900

  • 3 Beds
  • 1 Bath
  • 1,284 Sq Ft

  5140 N Circle Rd, Memphis, TN 38127

  Great recent rehab done a couple of years ago. Tenant occupied currently rented for $1095 a month until 3/26. Pictures are after rehab and before tenant. Great turn key rental with tenant already in place.

  Joe King Marathon REALTORS, LLC

  5140 N Circle Rd, Memphis, TN 38127
• 

  

  /12

  $130,000

  • 3 Beds
  • 2 Baths
  • 1,292 Sq Ft

  3471 Gowan Dr, Memphis, TN 38127

  Welcome to 3471 Gowan Drive, Memphis, TN 38127! This charming 3-bedroom, 2-bath home combines comfort and style. Enjoy a bright, open living area with hard-surface flooring, a modern kitchen with large shaker-style cabinets and space for appliances, and a spacious fenced backyard perfect for entertaining. Additional features include a 2-car garage and central heat and air for year-round comfort.

  James Wachob Foundation Property Management

  3471 Gowan Dr, Memphis, TN 38127
• 

  

  /31

  $155,000

  • 4 Beds
  • 1.5 Baths
  • 1,278 Sq Ft

  5052 Blacksmith Dr, Memphis, TN 38127

  New Tenant moving in Feb 1st! MHFA RENTAL AT $1550 per month!! 1% CASH FLOW- ONE YEAR BUILDER WARRANTY 4 BR 1.5 Bath home fully renovated in super-hot and growing rental market! New roof, exterior paint, new floors, bathrooms, and kitchen- LVP, tile and carpet- new condenser, furnace, hot water heater, lighting, and fixtures. No owner finance or wholesalers. Home is currently vacant until tenant

  Alissa Anderson KAIZEN Realty, LLC

  5052 Blacksmith Dr, Memphis, TN 38127
• 

  

  /8

  $120,000

  • 3 Beds
  • 1 Bath
  • 1,285 Sq Ft

  2310 Theda Ave, Memphis, TN 38127

  ***PRICE CORRECTION*** Great addition to your investment portfolio. Three bedroom, one bath with an additional room that could potentially be used as a 4th bedroom. Large master suite with walk in closet. Large covered back patio. Covered parking in front. Substantially remodeled since 2023 including bathroom, kitchen cabinets and countertops, interior paint, doors, window latches and drain line.

  William Haynes Crye-Leike, Inc., REALTORS

  2310 Theda Ave, Memphis, TN 38127
• 

  

  /11

  $115,000

  • 3 Beds
  • 1 Bath
  • 1,260 Sq Ft

  3705 Suzanne Dr, Memphis, TN 38127

  Prime Investment Opportunity in Frayser, TN! This 3-bedroom, 1-bathroom brick home is a solid addition to any rental portfolio. Located in Frayser, this property offers strong rental potential and consistent cash flow opportunities. With its durable brick construction, low-maintenance exterior, and practical layout, this home is ideal for long-term returns. Property is sold AS-IS. Unit needs a

  James Johnson Crestcore Realty, LLC

  3705 Suzanne Dr, Memphis, TN 38127
• 

  

  /9

  $145,000

  • 3 Beds
  • 1.5 Baths
  • 1,127 Sq Ft

  5207 Breckenwood Dr, Memphis, TN 38127

  1% CASH FLOW- ONE YEAR BUILDER WARRANTY and TENANT PLACEMENT. MHA RENT $1500.- 3 BR 1.5 Bath home fully renovated- new roof, exterior paint, bathrooms and kitchen, new condenser, new furnace, hot water heater, lighting, and fixtures. Can be sold as a pkg with the following MLS listings: 10212251, 10212252, 10212253, 10212255. No owner finance or wholesalers. Home is currently vacant- contact

  Brett Bernard The Stamps Real Estate Company

  5207 Breckenwood Dr, Memphis, TN 38127
• 

  

  /3

  $145,000

  • 4 Beds
  • 2 Baths
  • 1,392 Sq Ft

  2283 Cassie Ave, Memphis, TN 38127

  1% CASH FLOW- ONE YEAR BUILDER WARRANTY and TENANT PLACEMENT. MHA RENT $1450.00- 4 BR 2 Bath home fully renovated, completed 1-15-2026. New roof, exterior paint, new floors, bathrooms, and kitchen, LVT and tile flooring, new condenser, new furnace, hot water heater, lighting, and fixtures. Can be sold as a pkg with the following MLS listings: 10212251, 10212252, 10212254, 10212255. No owner

  Brett Bernard The Stamps Real Estate Company

  2283 Cassie Ave, Memphis, TN 38127
• 

  

  /30

  $115,000

  • 3 Beds
  • 1 Bath
  • 952 Sq Ft

  4566 Range Line Rd, Memphis, TN 38127

  1% CASH FLOW- ONE YEAR BUILDER WARRANTY! RENTED MHA $1150.00- 3 BR 1 Bath home fully renovated in 2025- New roof, exterior paint, new floors, bathrooms, and kitchen, LVT and tile flooring, new condenser, new furnace, hot water heater, lighting, and fixtures. Can be sold as a pkg with the following MLS listings: 10212251, 10212252, 10212253, 10212254. Some photos are staged. No owner finance or

  Brett Bernard The Stamps Real Estate Company

  4566 Range Line Rd, Memphis, TN 38127
• 

  

  /8

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,243 Sq Ft

  3969 N Trezevant St, Memphis, TN 38127

  INVESTORS ONLY – TURNKEY CASH FLOW! Solid 3-bedroom, 1-bath brick property generating $995/month in rental income with a long-term, reliable tenant in place. Lease renewed through 10/31/2026, with a proven on-time payment history since 2017. Low-maintenance brick exterior, spacious eat-in kitchen, comfortable living room, three well-sized bedrooms, and desirable corner lot. Professionally managed

  Jeremy Veldman KAIZEN Realty, LLC

  3969 N Trezevant St, Memphis, TN 38127
• 

  

  /26

  $154,900

  • 3 Beds
  • 2 Baths
  • 1,385 Sq Ft

  3780 Joest Dr, Memphis, TN 38127

  Welcome to 3780 Joest Dr, Memphis, TN—a beautifully newly renovated 3 bedroom, 2 bathroom home offering modern finishes and move-in ready comfort. Enjoy luxury vinyl plank flooring throughout, creating a seamless and stylish look. Both bathrooms have been fully updated with all-new shower tile, floor tile, and modern vanities. The kitchen shines with brand-new cabinets, granite countertops, and

  Joshua Moss KAIZEN Realty, LLC

  3780 Joest Dr, Memphis, TN 38127
• 

  

  /13

  $140,000

  • 5 Beds
  • 1.5 Baths
  • 1,580 Sq Ft

  5235 Braden Dr, Memphis, TN 38127

  5-bedroom, 1.5-bath home delivers a layout that’s hard to find in today’s market. With multiple bedrooms, this property offers flexibility for large households, multigenerational living, home offices, or income-producing strategies Whether you’re a homeowner looking for room to grow or an investor seeking a high-bedroom-count property with strong rental potential, this home checks the boxes.

  Tia Jennings Keller Williams

  5235 Braden Dr, Memphis, TN 38127
• 

  

  /14

  $128,000

  • 3 Beds
  • 1 Bath
  • 993 Sq Ft

  5083 Carterville Place, Memphis, TN 38127

  Charming 3 bedroom 1 bath renovated home in Northaven, great for owner occupant or investor, Move-in ready! New roof in 2024. Freshly painted, new light fixtures, and check out the kitchen! House is vacant, no curtains/rods/decor or furniture. There are some photos here that have been virtually staged. This home qualifies for special 100% financing for owner occupant buyers so call Saprina Bowman

  Saprina Bowman Crye-Leike, Inc., REALTORS

  5083 Carterville Place, Memphis, TN 38127
• 

  /2

  $110,000

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

  3566 Ladue St, Memphis, TN 38127

  This property is ready. Hardwood throughout, upgraded units, heating and air and roof. 3 bedrooms and 1.5 baths. Don’t miss this next opportunity to live in established brick home with large picture window, large backyard and shed.

  Marceline Williams LPT Realty, LLC

  3566 Ladue St, Memphis, TN 38127
• 

  

  /12

  $110,000

  • 3 Beds
  • 1 Bath
  • 1,052 Sq Ft

  1941 Clifton Ave, Memphis, TN 38127

  Built 1985, 3 bed 1 bath investment property. All tile floors, recently painted interior. new blinds.

  Justin Thorne HomePlace Real Estate

  1941 Clifton Ave, Memphis, TN 38127
• 

  

  /24

  $149,900

  • 3 Beds
  • 1.5 Baths
  • 1,600 Sq Ft

  3570 Hallbrook St, Memphis, TN 38127

  ****NO WHOLESALERS!!*** Charming 3BR/1.5BA home on a large lot featuring original hardwood floors, an inviting living room, cozy den, eat-in kitchen, and laundry room. Updates include new countertops, flooring, and fresh paint. New carport slab poured; stove and dishwasher to be installed prior to closing. Great opportunity in a prime location—won’t last long! All offers must include proof of

  Tonji Cromwell eXp Realty, LLC

  3570 Hallbrook St, Memphis, TN 38127
• 

  

  /15

  $102,000

  • 3 Beds
  • 1 Bath
  • 953 Sq Ft

  2955 Tudor St, Memphis, TN 38127

  Great Investment Opportunity!!!

  Ashleigh Lovan Keller Williams

  2955 Tudor St, Memphis, TN 38127
• 

  

  /3

  $124,900

  • 3 Beds
  • 1 Bath
  • 936 Sq Ft

  3158 Madeline Cir, Memphis, TN 38127

  Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $975/month. The lease ends on 10/31/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3158 Madeline Cir, Memphis, TN 38127
• 

  /2

  $119,900

  • 3 Beds
  • 1 Bath
  • 1,511 Sq Ft

  2714 Nix Cove, Memphis, TN 38127

  Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38127 area. Cash flowing with a monthly rentalamount of $1,250/month, month to month. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language willbe accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  2714 Nix Cove, Memphis, TN 38127
• 

  

  /7

  $129,900

  • 3 Beds
  • 1 Bath
  • 1,086 Sq Ft

  2436 Chattering Ln, Memphis, TN 38127

  Excellent Turnkey Investment Opportunity! This beautifully renovated 3 bedroom, 1 bathroom home was fully updated in 2023 and offers true peace of mind for any investor. Major improvements include a brand-new roof, HVAC system, and water heater—ensuring long-term durability and low maintenance costs. Inside, the home features modern and stylish updates throughout, creating an attractive living

  Jeff Goff Keller Williams

  2436 Chattering Ln, Memphis, TN 38127
• 

  

  /19

  $125,000

  • 3 Beds
  • 2 Baths
  • 1,816 Sq Ft

  1275 Canfield Ave, Memphis, TN 38127

  Tenant occupied. Do not disturb tenants. Inspection/showing only upon accepted offer. Home was renovated in 2017. Multiple living rooms! Great kitchen. Home is much more spacious than it appears from the street. Nice, level, large backyard.

  Claire Gold Bridge Realty Memphis

  1275 Canfield Ave, Memphis, TN 38127
• 

  

  /13

  $126,000

  • 3 Beds
  • 1 Bath
  • 1,030 Sq Ft

  901 Chesterton Dr, Memphis, TN 38127

  Beautifully updated 3BR/1BA home at 901 Chesterton Rd—currently tenant-occupied and producing rental income. Recent updates include exterior paint; repaired siding, soffit, fascia, porch, and concrete; new exterior lighting; fenced backyard; and refreshed landscaping with new plants and mulch. Interior improvements feature new flooring, drywall and ceiling repairs, fresh paint throughout, updated

  James Wachob Foundation Property Management

  901 Chesterton Dr, Memphis, TN 38127
• 

  

  /28

  $110,000

  • 3 Beds
  • 1.5 Baths
  • 1,613 Sq Ft

  936 Chesterton Dr, Memphis, TN 38127

  Great Owner occupant or Investment Opportunity! This charming 3-bedroom, 1.5-bath home is ready for its new owner. Enjoy a traditional layout featuring a separate living room, dining room, and a spacious den—perfect for relaxing or entertaining. Situated on a large corner lot, the property offers a fenced backyard and a patio ideal for outdoor gatherings. Additional highlights include a one-car

  Tina Andrade Fast Track Realty, LLC

  936 Chesterton Dr, Memphis, TN 38127
• 

  

  /36

  $126,000

  • 3 Beds
  • 2 Baths
  • 996 Sq Ft

  1870 Coventry Dr, Memphis, TN 38127

  Welcome home to this inviting 3-bedroom, 2-bath property that blends comfort, convenience, and opportunity. From the moment you arrive, the charming front patio welcomes you — a perfect spot to relax and enjoy quiet mornings or peaceful evenings. Step inside to find an updated kitchen featuring modern touches, making daily routines simple and efficient. Each bedroom offers comfortable living

  Jeff Goff Keller Williams

  1870 Coventry Dr, Memphis, TN 38127
• 

  

  /27

  $109,000

  • 3 Beds
  • 2 Baths
  • 1,216 Sq Ft

  3646 Overton Crossing St, Memphis, TN 38127

  Nicely upkept and recently updated 3 Bed 2 Bath home perfect for investors looking to add to their portfolio. LVP flooring throughout, ring doorbell camera, range, new gas water tank, new furnace, newer condnsor and coil. Large corner lot with partially fenced yard and plenty of parking. Currently rented MHA on a new lease January 2026.

  Michael Valenza eXp Realty, LLC

  3646 Overton Crossing St, Memphis, TN 38127
• 

  

  /25

  $143,000

  • 4 Beds
  • 2 Baths
  • 1,437 Sq Ft

  5315 Braden Dr, Memphis, TN 38127

  Back on the market! Opportunity is back, no fault of the seller! Step into this beautifully renovated 4 bedroom, 2bathroom home with no City Taxes. Inside you’ll find all new flooring, brand-new windows, fresh paint inside and out, and an open-concept layout that welcomes you as soon as you walk in. The kitchen has been fully updated with new cabinets, countertops, and modern fixtures. Both

  Juan Torres Fast Track Realty, LLC

  5315 Braden Dr, Memphis, TN 38127
• 

  

  /14

  $104,800

  • 3 Beds
  • 1 Bath
  • 1,096 Sq Ft

  2701 Frayser Blvd, Memphis, TN 38127

  Completely Renovated & Move-In Ready! This charming 3BR, 1BA brick home has been fully updated from top to bottom. Features include a new roof, new windows, new flooring throughout, and an updated kitchen and bath. A new HVAC system will be installed prior to closing for added peace of mind. Perfect for an owner-occupant or investor looking for a turnkey property. Vacant and easy to show—schedule

  Caleb Parr Renshaw Company, REALTORS

  2701 Frayser Blvd, Memphis, TN 38127
• 

  

  /7

  $110,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3075 Debby St, Memphis, TN 38127

  Welcome to 3075 Debby Street, Memphis, TN 38127! This 3-bedroom, 1-bath home combines charm and modern updates, featuring hard surface flooring throughout and a bright, spacious living area. The kitchen boasts large shaker cabinets, while central heat and air provide year-round comfort. The large fenced backyard is ideal for outdoor activities or entertaining. Fully tenanted, this property offers

  James Wachob Foundation Property Management

  3075 Debby St, Memphis, TN 38127
• 

  

  /7

  $115,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4503 Beacon Hill Dr, Memphis, TN 38127

  Welcome to 4503 Beacon Hill Drive! This tenant-occupied 3-bedroom, 1-bath home features hard surface flooring throughout, a spacious living area, and a modern kitchen with large shaker cabinets. All bedrooms are on one level, with a separate dining area and central heat and air for year-round comfort. Enjoy a large fenced backyard and a driveway pad for off-street parking. Don't miss this one!!

  James Wachob Foundation Property Management

  4503 Beacon Hill Dr, Memphis, TN 38127

Showing Results 81 - 120, Page 3 of 4