31

Raleigh Homes under $200,000

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  • /16

    $189,000

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

    3594 Kipling Ave, Memphis, TN 38128

    Nestled in the quiet beautiful neighborhood is this 4-bedroom, 1.5-bathroom home in 38128 offers space, comfort, and just enough character to make you feel right at home—without trying too hard. The layout includes four bedrooms and with 1.5 bathrooms and is conveniently and centrally located. To help you envision the possibilities, we’ve included digitally staged photos. No, the furniture

    Agent Photo

    Vivian Denogean

    Fast Track Realty, LLC

    (901) 627-3155

    3594 Kipling Ave, Memphis, TN 38128
  • /17

    $129,999

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

    1726 Fox Hunt Ln Unit 21, Memphis, TN 38134

    This move-in ready condo features 3 bedrooms and 2.5 bathrooms. The AC unit and water heater were recently replaced, and there's new hardwood flooring and paint in all bedrooms. Items to remain with home includes Refrigerator and Washer & Dryer. Don't miss this fully equipped home. Schedule your showing today!

    Agent Photo

    Steve Luong

    eXp Realty, LLC

    (901) 675-7957

    1726 Fox Hunt Ln Unit 21, Memphis, TN 38134
  • /2

    $185,400

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

    2591 Bay Pointe Cir E, Memphis, TN 38128

    Investor Alert: This 3 bed / 2 bath home in the Bay Point Cottage subdivision is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof installed in 2024. Seller will sell properties as a package or in various smaller packages.

    Agent Photo

    Daniel Johnson

    Keller Williams

    (901) 902-4218

    2591 Bay Pointe Cir E, Memphis, TN 38128
  • /2

    $156,800

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

    4193 Riche Rd, Memphis, TN 38128

    Investor Alert: This 3 bed / 1 bath home in the Riche Hills subdivision is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof installed in 2024. Seller will sell properties as a package or in various smaller packages.

    Agent Photo

    Daniel Johnson

    Keller Williams

    (901) 403-6268

    4193 Riche Rd, Memphis, TN 38128
  • /7

    $159,000

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

    3850 Brandy Ave, Memphis, TN 38128

    Come take a look at this wonderful home. This property has been fully renovated from the studs, as close to new construction as you can get. This property has new windows, al new interior and exterior doors, new HVAC, new hot water tank, all new electrical (fully rewired, new panel, new wall devices and lighting). Both master and hall bath are fully renovated. Then kitchen features stainless

    Patrick Townsend REMAX Experts

    3850 Brandy Ave, Memphis, TN 38128
  • /26

    $175,000

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

    3485 Panbrook Cove, Memphis, TN 38128

    Beautiful 3 Bedroom 1 1/2 Bath brick home has been so well maintained. It has new wood laminate floors, fresh paint and the Heat and Air is less than a year old. Attached double carport and nice fenced back yard. Convenient kitchen opens to the breakfast room and den. Fireplace has a raised hearth. New energy efficient double pane windows! Located on the corner of a quiet cove, Close to

    Pat Goldstein Crye-Leike, Inc., REALTORS

    3485 Panbrook Cove, Memphis, TN 38128
  • /15

    $189,900

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

    3099 Joslyn St, Memphis, TN 38128

    Charming 4-Bedroom, 2-Bath Home with Endless Potential – Prime Location! This spacious 4-bedroom, 2 full bath home is the perfect opportunity for buyers looking to add their personal touch. With a little TLC, this property can truly shine! Located in a highly desirable area, it offers unbeatable convenience to shopping, top-rated schools, medical facilities, and more. Whether you're a first-time

    Jovett Thomas Crye-Leike, Inc., REALTORS

    3099 Joslyn St, Memphis, TN 38128
  • /28

    $185,000

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

    3675 Naylor Dr, Memphis, TN 38128

    Cute move in ready 3 bedroom home & home qualifies for a $10,000 down payment assistance grant! You will love the new flooring, fresh paint, new kitchen cabinets, amazing tile work, new HVAC, and large fenced back yard! Located off of Austin Peay & Yale, this home is convenient to the new Raleigh Civic center featuring the public library, skate park, walking trail, & pond. Great quiet location.

    Jan Jones Groome & Co.

    3675 Naylor Dr, Memphis, TN 38128
  • /19

    $180,000

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

    3860 Capricorn Cove, Memphis, TN 38128

    Relax on the Front Porch that stretches across the front of this Lovely renovated 3 Bedroom 2 Bath home! Very open floor plan has a super spacious Great Room. Move-In ready with Gleaming hardwood Floors, Renovated bathrooms, and Fresh Paint. Everything has been done, all you have to do is move in. Or it would make a super investment property. Located on a level, corner lot. Very easy to care

    Pat Goldstein Crye-Leike, Inc., REALTORS

    3860 Capricorn Cove, Memphis, TN 38128
  • /24

    $164,901

    • 4 Beds
    • 2.5 Baths
    • 1,600+ Sq Ft

    3287 Leschallas Dr, Memphis, TN 38128

    Investor special or sweat equity win! This East Memphis gem isn’t perfect, but it’s got great bones and even better potential. With 3 beds, 2 baths, and a solid layout, it’s the kind of place that just needs some cosmetic love to shine. Whether you’re looking to add to your rental portfolio or flip for profit, this one’s a low-risk, high-upside opportunity. For owner-occupants, it’s a rare chance

    Jeffrey Howard Bluff City Realty Group, LLC

    3287 Leschallas Dr, Memphis, TN 38128
  • /5

    $155,000

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

    4603 Buffer Dr, Memphis, TN 38128

    Investor Alert! Renovated 3 bed, 2 bath home in Raleigh—tenant in place paying $1,275/month (month-to-month). Updates in 2019 include roof, HVAC, bathrooms, and water heater. Great cash-flowing property. Call listing agent for details—please do not disturb tenant.

    Jeanette Lin Pinnacle Realty

    4603 Buffer Dr, Memphis, TN 38128
  • /9

    $185,000

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

    3524 James Rd, Memphis, TN 38128

    Large 5 acre residential lot that can be converted to commercial use. Great investment opportunity for development.

    Michael Bryan Bryan Realty Group

    3524 James Rd, Memphis, TN 38128
  • /36

    $164,900

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

    4235 Trudy St, Memphis, TN 38128

    ROOFING 2 YEARS OLD. HEATING UNIT 1.5 YEARS OLD. Welcome to this beautifully renovated 3-bedroom home! With fresh updates throughout, this charming property features a spacious living room perfect for relaxing or entertaining. Enjoy the outdoors in the lovely yard, offering plenty of space for gardening, play, or simply unwinding. This move-in-ready home is a must-see—schedule your showing today!

    Gabriell Thomas BHHS McLemore & Co., Realty

    4235 Trudy St, Memphis, TN 38128
  • /5

    $158,000

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

    4788 Bent Ct, Memphis, TN 38128

    Investors only! Wonderful tenant occupied property that can be added to your rental portfolio! Currently rented at $925 & located in Raleigh! Do not disturb or approach tenants. No sign in yard. Seller selling multiple properties (can buy individually or in bulk). Most properties are in Raleigh, Berclair, Nutbush, & Midtown! Addresses are 4788 Bent Ct, 1008 McEevers, 4393 Aloha, 1304 Tutwiler,

    Tyler Tapley Crye-Leike, Inc., REALTORS

    4788 Bent Ct, Memphis, TN 38128
  • /21

    $161,500

    • 3 Beds
    • 2 Baths
    • 1,600+ Sq Ft

    4632 Plato Ave, Memphis, TN 38128

    Welcome to this charming home located in the desirable Raleigh Manor Subdivision. This 3-bedroom, 2-bathroom residence offers classic comfort with a brick and vinyl exterior and an attached double carport. Inside, you'll find hardwood floors in the bedrooms and ceramic tile in the kitchen and bathrooms for easy maintenance and timeless appeal. The spacious den features a cozy fireplace, perfect

    Ed Engelke United Real Estate Mid South

    4632 Plato Ave, Memphis, TN 38128
  • /14

    $100,000

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

    3979 Longsneck Ave, Memphis, TN 38128

    Investor Special – Fixer Upper Opportunity! This 3-bedroom, 2-bath home with a 1-car garage is ready for a full remodel and priced accordingly. Sold AS-IS—seller will make no repairs. Ideal for cash buyers looking for their next project. NEW architectural roof already in place. No creative financing, owner financing, wholesaling, or assignments will be considered. Buyers, please complete all

    Tracie Benetz Emmett Baird Realty, LLC

    3979 Longsneck Ave, Memphis, TN 38128
  • /15

    $119,900

    • 3 Beds
    • 1.5 Baths
    • 1,200+ Sq Ft

    3907 Bowmar Cove, Memphis, TN 38128

    Tenant-occupied 3 bed with a charming brick exterior. Inside, your tenant will enjoy low-maintenance plank flooring in kitchen and living areas, tile in the baths and cozy carpet in the bedrooms. The fenced backyard offers space for entertaining friends and family. This property is an excellent addition to any investment portfolio, with a reliable tenant in place; leased through April 2026.

    Camela Henke Enterprise, REALTORS

    3907 Bowmar Cove, Memphis, TN 38128
  • /19

    $162,000

    • 3 Beds
    • 2.5 Baths
    • 1,600+ Sq Ft

    1757 Fox Hunt Ln, Memphis, TN 38134

    Fully renovated 3BR/2.5BA townhouse with nearly 200 more sq ft than similar units. Just minutes from I-40, I-240, Summer Ave & Sam Cooper. Features spacious living room, updated flooring, fresh paint, modern finishes, and a smart layout ideal for first-time buyers or small families. New roof, 2-year-old windows, and 1-year-old appliances included. Prime location with quick access to all of

    Julio Prieto Pinnacle Realty

    1757 Fox Hunt Ln, Memphis, TN 38134
  • /22

    $169,000

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

    2568 Parkview Dr, Memphis, TN 38128

    Welcome to this charming and fully renovated 3-bedroom, 2-bathroom home that effortlessly combines modern elegance with comfortable living. As you step inside, you’ll immediately notice the bright and open floor plan, thoughtfully designed to create a welcoming atmosphere filled with natural light. Every inch of this home has been meticulously updated with high-quality finishes and attention to

    Brooke Boone Harris & Harris Realty Group

    2568 Parkview Dr, Memphis, TN 38128
  • /20

    $185,000

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

    3313 Earl Dr, Memphis, TN 38128

    Great Investment Opportunity in Raleigh! This all-brick, 3-bedroom, 1.5-bath home is a fantastic investment opportunity in a prime location! Situated near shopping centers, grocery stores, and just minutes from Nike and the newly developed Amazon Warehouse—a major addition to the area—this property offers both convenience and potential. Inside, you'll find original hardwood floors in the living

    Lesia Harris REMAX Experts

    3313 Earl Dr, Memphis, TN 38128
  • /16

    $128,000

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

    3837 Tessland Rd, Memphis, TN 38128

    Price improvement Charming 3-Bedroom, 1-Bathroom Newly Renovated Brick Home. This beautifully updated home features 3 spacious bedrooms and 1 modern bathroom. Enjoy the fresh, contemporary feel with new light fixtures throughout, as well as updated vanities in the bathroom. The kitchen has been thoughtfully renovated with stylish finishes and plenty of storage space. Perfect for those

    Crystell Harris Harris & Harris Realty Group

    3837 Tessland Rd, Memphis, TN 38128
  • /14

    $116,000

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

    2805 W Hickory Bluff, Memphis, TN 38128

    Investors only! Wonderful tenant occupied property that can be added to your rental portfolio! Currently rented at $840 and seller is selling multiple properties on this street (all are on Hickory Bluff)! These are attached units but no HOA! No sign in yard. Seller selling multiple properties (can buy individually or in bulk). Most properties are in Raleigh, Berclair, Nutbush, & Midtown! These

    Tyler Tapley Crye-Leike, Inc., REALTORS

    2805 W Hickory Bluff, Memphis, TN 38128
  • /5

    $116,000

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

    2811 E Hickory Bluff, Memphis, TN 38128

    Investors only! Wonderful tenant occupied property that can be added to your rental portfolio! Currently rented at $895 and seller is selling multiple properties on this street (all are on Hickory Bluff)! These are attached units but no HOA! No neighbor on one side, one story flat, all bedrooms down large yard! No sign in yard. Seller selling multiple properties (can buy individually or in bulk).

    Tyler Tapley Crye-Leike, Inc., REALTORS

    2811 E Hickory Bluff, Memphis, TN 38128
  • /2

    $144,900

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

    3955 Stillwood Dr, Memphis, TN 38128

    Fantastic investment opportunity in the Shelby area. This 3br/2 bath single-family home is in the 38128 area. Cash flowing with a monthly rental amount of $1,287.50/month. The lease is on month to month. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    3955 Stillwood Dr, Memphis, TN 38128
  • /2

    $129,900

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

    3965 Plymouth Ave, Memphis, TN 38128

    Great turn key rental. New roof 4/2025. Currently rented for $1,295 a month with valid lease until 3/31/26.

    Joe King Marathon REALTORS, LLC

    3965 Plymouth Ave, Memphis, TN 38128
  • /2

    $129,900

    • 3 Beds
    • 1.5 Baths
    • 1,800+ Sq Ft

    3562 Monessen Dr, Memphis, TN 38128

    Great turn key rental. Tenant inn place paying $1,295 a month with valid lease until 11/30/2025

    Joe King Marathon REALTORS, LLC

    3562 Monessen Dr, Memphis, TN 38128
  • /2

    $109,150

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    3696 Parfet Cove, Memphis, TN 38128

    Welcome to 3696 Parfet Cove. This charming 3-bedroom, 1-bathroom home presents a solid investment opportunity. Located on a quiet cove, the property features a functional layout, low-maintenance design, and strong rental appeal. With a stable tenant in place and consistent cash flow, this is a turnkey addition to any investment portfolio. TENANTED PROPERTY – DO NOT APPROACH OR DISTURB TENANTS.

    James Wachob Foundation Property Management

    3696 Parfet Cove, Memphis, TN 38128
  • /2

    $150,000

    • Land
    • 1.26 Acres
    • $119,048 per Acre

    5105 Pleasant View Rd, Memphis, TN 38134

    Terrance Hill eXp Realty, LLC

    5105 Pleasant View Rd, Memphis, TN 38134
  • /10

    $109,000

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

    3844 Kerfield Dr, Memphis, TN 38128

    4 Bedroom 2 bath near Raleigh Egypt Schools ~~Super cute and has a new roof!! ~~Just Needs TLC ~~Will not qualify for FHA~~Owner Occupants will be prioritized~~HUD's First look Period for first 30 Days

    Scott Housewirth Crye-Leike Inc., REALTORS

    3844 Kerfield Dr, Memphis, TN 38128
  • /15

    $180,000

    • 3 Beds
    • 2 Baths
    • 2,600+ Sq Ft

    3751 N Lakewood Dr, Memphis, TN 38128

    Being sold thru auction means. There is a 5% buyer auction premium pursuant to the Auction participation agreement on all accepted offers. Soft Contemporary styling shows off this party inspired home with Massive living spaces, Open floor plan, tiled floors and View from rooms of the pool deck. Kitchen with island~~Luxury Primary Bathroom.. all needs Personal touches and updates~~Inground pool

    Scott Housewirth Crye-Leike Inc., REALTORS

    3751 N Lakewood Dr, Memphis, TN 38128
  • /2

    $127,116

    • 3 Beds
    • 1.5 Baths
    • 64 Sq Ft

    3279 Hanna Dr, Memphis, TN 38128

    See RealtyBid for property, auction, and access information.

    Brian Brockman Bang Realty

    3279 Hanna Dr, Memphis, TN 38128

Home Trends in Raleigh, TN

Housing Trends

Median Sale Price
$365,000
Median Single Family Sale Price
$389,900
Median Townhouse Sale Price
$355,000
Median 2 Bedroom Sale Price
$380,000
Median 1 Bedroom Sale Price
$315,000
Average Price Per Sq Ft
$263
Number of Homes for Sale
73
Last 12 months Home Sales
256
Months of Supply
3.40
Median List Price
$415,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-27%
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