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Memphis, TN Homes for Sale under $200,000

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  • /5

    $139,000

    • 3 Beds
    • 1 Bath
    • 1,448 Sq Ft

    884 Kensington Place, Memphis, TN 38107

    Welcome to 884 Kensington Place, a Tudor-inspired 1930s charmer in the heart of the beloved Vollintine Evergreen community. This warm and inviting 3-bedroom, 1-bath home features beautiful original hardwood floors, classic millwork, and thoughtful architectural character throughout. Enjoy the ambiance and flow created by graceful French doors, adding style and light to the main living areas. The

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    Rasheedah Jones

    Dreamteam Realty Co

    (901) 660-5483

    884 Kensington Place, Memphis, TN 38107
  • /20

    $160,000

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

    1592 Southern Ave, Memphis, TN 38114

    Beautifully renovated 3-bedroom, 2-bath home located near the vibrant Cooper-Young area. This charming property features modern updates throughout and a newly installed wooden privacy fence in the back of the property-perfect for relaxing or entertaining. Don't miss this move-in ready gem in a prime location!

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    Randell Richmond

    eXp Realty, LLC

    (901) 668-5891

    1592 Southern Ave, Memphis, TN 38114
  • /22

    $199,000

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

    4416 Boyce Rd, Memphis, TN 38117

    Great home with so many improvements. A few are: Improved workshop with garage 25x40 approximately 1000sf, new garage door with remote, new hot water heater, updated kitchen, dbl ss sink, stained floors and vinyl floors, new hardware, shower heads, faucets, blinds, painted interior and exterior, landscaped, new gate, new auto door locks, new ceiling in den with shiplap, gas cooking, two year old

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    Stephen Mansour

    KAIZEN Realty, LLC

    (901) 445-7266

    4416 Boyce Rd, Memphis, TN 38117
  • /40

    $199,000

    • 3 Beds
    • 2 Baths
    • 1,194 Sq Ft

    6777 Silver Oak Place Unit 6777, Memphis, TN 38120

    Stylish, move-in-ready 3BR/2BA townhouse in Whispering Oaks Condominiums — ideal for young professionals wanting low-maintenance living with modern updates and unbeatable convenience. Major upgrades include a NEW roof and HVAC, giving peace of mind and long-term value. Inside, you’ll find sleek quartz countertops in the kitchen and baths, stainless steel appliances, and durable LVP flooring and

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    Michelle Shaver-Simpson

    Crye-Leike, Inc., REALTORS

    (901) 657-5096

    6777 Silver Oak Place Unit 6777, Memphis, TN 38120
  • /39

    $135,000

    • 2 Beds
    • 1.5 Baths
    • 1,322 Sq Ft

    6320 Kirby Downs Dr, Memphis, TN 38115

    Check out this Beautifully renovated Corner lot , 2-Bedroom, 1.5 bath, 2 Story home located in the highly sought after East Memphis area. This home features Living Room/ Dinning Room Combo, Eat in Kitchen , brand new appliances and a spacious great room with a cozy fireplace, perfect for entertaining. The laundry area is conveniently located upstairs, adding ease to everyday life and living.

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    Tara Woodley

    Zach Taylor Real Estate

    (901) 657-3868

    6320 Kirby Downs Dr, Memphis, TN 38115
  • /32

    $175,000

    • 4 Beds
    • 3 Baths
    • 1,849 Sq Ft

    3274 Gaylord Ln, Memphis, TN 38118

    A Memphis gem with flexible living and split bedroom plan. This spacious 4-bedroom, 3-bath Memphis home is move-in ready and waiting for new energy. Newly refinished hardwood floors, fresh paint throughout, and a brand-new dishwasher, this property welcomes the next family home. The plumbing has already been replaced (to the street), offering peace of mind for years to come. Enjoy a flexible

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    Sherry Harbur

    Harbur Realty

    (901) 660-4209

    3274 Gaylord Ln, Memphis, TN 38118
  • /25

    $200,000

    • 3 Beds
    • 2 Baths
    • 1,270 Sq Ft

    6254 Brightwood Dr, Memphis, TN 38134

    “Welcome home to this charming 3-bedroom, 2-bath property nestled in a quiet neighborhood! Perfect for families, this home offers a spacious living room with plenty of natural light, cozy bedrooms, and an updated kitchen featuring ample cabinet space for all your storage needs. The large, fenced backyard is ideal for kids, pets, and outdoor entertaining. Close to Shelby Farms, White Station

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    Edwin Scruggs

    BHHS Taliesyn Realty

    (901) 668-8454

    6254 Brightwood Dr, Memphis, TN 38134
  • /16

    $150,000

    • 3 Beds
    • 2 Baths
    • 1,114 Sq Ft

    3213 Ridgemont Ave, Memphis, TN 38128

    Turnkey-ready, fully modernized, and loaded with upgrades—this charming 3BR/2BA home is truly move-in ready and perfect for first-time buyers, growing families, or investors! Step inside to a functional layout with spacious rooms, inviting living and dining areas, and beautiful flooring throughout. The updated kitchen offers plenty of storage and counter space, plus ALL appliances convey,

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    Katrina Smith

    Keller Williams

    (901) 599-2867

    3213 Ridgemont Ave, Memphis, TN 38128
  • /30

    $115,000

    • 3 Beds
    • 1 Bath
    • 1,434 Sq Ft

    980 N Circle Rd, Memphis, TN 38127

    Charming One-Level Brick Home in Cedarwood Subdivision!Welcome to this well-maintained 3-bedroom, 1-bath home nestled in the quiet Cedarwood neighborhood of Northaven. Freshly painted throughout and move-in ready, this home offers the ease of single-level living with a spacious, functional layout.Enjoy two separate living areas—perfect for entertaining or relaxing—and a dedicated

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    Amy McLemore

    Total Realty Source

    (901) 582-5761

    980 N Circle Rd, Memphis, TN 38127
  • /14

    $109,500

    • 4 Beds
    • 2 Baths
    • 1,691 Sq Ft

    2667 Barron Ave, Memphis, TN 38114

    Well priced and move in ready, this 4 bedroom 2 bath home offers central heat and air and 1691 square feet. Ideal entry level opportunity for an owner occupant or an investor. The large partially finished upstairs area provides flexibility for storage or future conversion into additional living space. Recent improvements include a new roof and gutters in March 2024, exterior paint in 2024, fresh

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    Walter Jones

    BEST Real Estate Company

    (901) 665-3762

    2667 Barron Ave, Memphis, TN 38114
  • /10

    $125,000

    • 3 Beds
    • 1.5 Baths
    • 1,421 Sq Ft

    3279 Hanna Dr, Memphis, TN 38128

    This 3-bedroom, 1.5-bath home features a functional layout with comfortable living space throughout. The property offers a spacious living area, generously sized bedrooms, and a convenient half bath for guests. With solid bones and room for updates, this home presents a great opportunity to add value and make it your own. Conveniently located near schools, shopping, and major roadways for easy

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    Michael Tally

    Tally Real Estate Group, LLC

    (901) 698-6950

    3279 Hanna Dr, Memphis, TN 38128
  • /20

    $179,000

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

    3524 Autumn Ave, Memphis, TN 38122

    Your next project! This one is so cute.. All Brick exterior and new roof~~hardwood floors~~Needs to be finished~~ Huge front porch , great area close to the University, huge shaded back yard. 2 bedrooms 1 bath. So Much potential here! Cash offers only. Hurry!

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    Juan Casem

    Crye-Leike Inc., REALTORS

    (901) 660-8691

    3524 Autumn Ave, Memphis, TN 38122
  • /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!!

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    Randell Richmond

    eXp Realty, LLC

    (901) 235-2694

    2535 Clearpark Dr, Memphis, TN 38127
  • /22

    $140,000

    • 2 Beds
    • 1.5 Baths
    • 1,150 Sq Ft

    1220 Chamberlain Dr Unit 4, Memphis, TN 38119

    Great Condo in East Memphis' Chatham Village, the upstairs flat has 2 bed/ 1.5 bath LR DR outdoor covered patio/deck. Convenient t to St Francis, Regalia Park Place This condo has new paint, new floors, an open kitchen, gated parking, is clean and ready to move in. Community laundry room on site for your use. Private covered patio for outdoor living just off the living room.

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    Tonya McDowell

    The Stamps Real Estate Company

    (901) 250-8595

    1220 Chamberlain Dr Unit 4, Memphis, TN 38119
  • /23

    $180,000

    • 3 Beds
    • 1 Bath
    • 1,542 Sq Ft

    1009 McEvers Rd, Memphis, TN 38111

    Just minutes from the University of Memphis. The property features a handicap-accessible front ramp, offering added convenience and accessibility. Rental Details: ?? Market Rent: $1,260/month ?? Section 8 Welcome: Approved rental rate up to $1,780 ? Accessibility: Handicap ramp at front entrance ?? Location Perk: Near the University of Memphis ?? Type: Single-family residential home This home is

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    Austin Hall

    Evernest Too, LLC

    (901) 698-3839

    1009 McEvers Rd, Memphis, TN 38111
  • /24

    $105,000

    • 3 Beds
    • 1 Bath
    • 948 Sq Ft

    686 Delta Rd, Memphis, TN 38109

    Get up to $25,000 toward your first home! Move in with the City of Memphis' Citywide DPA program! Charming 3-bedroom, 1-bathroom home offering 948 square feet of comfortable living space on a peaceful street. This well-maintained property presents an excellent opportunity for first-time buyers ready to put down roots or savvy investors seeking solid returns. The thoughtfully designed layout

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    Jordan Ray

    eXp Realty, LLC

    (901) 660-9403

    686 Delta Rd, Memphis, TN 38109
  • /31

    $129,450

    • 2 Beds
    • 2 Baths
    • 959 Sq Ft

    232 S Highland St Unit 905, Memphis, TN 38111

    Remodeled condo! Fantastic location in a sought after building with a 24 hour security guard. A few upgrades include gorgeous plantation blinds, granite kitchen counters, premium soft close shaker style kitchen cabinets, new doors, new paint, a newly remodeled master bathroom and a walk in master bedroom closet. This low maintenance condo complex also offers a work out facility and pool. The

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    Kendra Bell

    Crye-Leike, Inc., REALTORS

    (901) 669-6429

    232 S Highland St Unit 905, Memphis, TN 38111
  • /40

    $103,000

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

    3340 Kirby Trees Place Unit 18, Memphis, TN 38115

    Newly Renovated Condo located in East Memphis with 4 Bedrooms , 3 baths with an Office Space. Condo is Huge-almost 2000 sqft. Spacious Property was previously rented for $1650 a month. Property was Purchased in a Tax Sale. Title Insurance is available with a Risk Endorsement Policy through Saddle Creek Title. Seller prefers Cash Sale offers. ****Must Present a Valid Proof of Funds*** Sorry No

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    Tara Woodley

    Zach Taylor Real Estate

    (901) 902-4249

    3340 Kirby Trees Place Unit 18, Memphis, TN 38115
  • /22

    $160,000

    • 2 Beds
    • 1 Bath
    • 1,158 Sq Ft

    719 Echles St, Memphis, TN 38111

    This charming two-bedroom, one-bath home is located within walking distance of The University of Memphis and is truly move-in ready. It features fresh interior paint, brand-new carpet, a completely renovated bathroom, and a brand-new AC unit for added comfort and peace of mind. Conveniently situated near tons of shopping, dining, and everyday amenities, this home offers both comfort and location

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    Ronald Sandefer

    Emmett Baird Realty, LLC

    (901) 245-5412

    719 Echles St, Memphis, TN 38111
  • /19

    $179,999

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

    1597 Marcia Rd, Memphis, TN 38117

    This charming ranch-style home welcomes you with a front porch perfect for chatting with the neighbors. Inside, you will find 3 bedrooms and 1 full bathroom and versatile living spaces including an office area, dining room, and a spacious living room. Fresh interior paint, crown molding, and hardwood floors create a bright and inviting feel throughout. The efficient gallery-style kitchen offers a

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    Christine DeColli

    Marx-Bensdorf, REALTORS

    (901) 445-9070

    1597 Marcia Rd, Memphis, TN 38117
  • /2

    $167,580

    • 2 Beds
    • 1 Bath
    • 895 Sq Ft

    3768 Faxon Ave, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $1,250 with a lease expiration of 07/31/2026. No creative finance offers. This home is part of a 103 home package.

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    Caleb Hall

    Keller Williams

    (901) 617-7638

    3768 Faxon Ave, Memphis, TN 38122
  • /2

    $115,297

    • 3 Beds
    • 1 Bath
    • 1,267 Sq Ft

    1388 Preston St, Memphis, TN 38106

    This is a nice family home on a corner lot with a large covered porch.

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    Leaser Coleman

    Empire Realty, LLC

    (901) 479-0734

    1388 Preston St, Memphis, TN 38106
  • /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

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    Patrice Williams-Wooten

    Keller Williams

    (901) 716-8055

    3914 Schoolfield Rd, Memphis, TN 38127
  • /2

    $155,000

    • Land
    • 0.16 Acre
    • $968,750 per Acre

    507 Henry Heights Dr, Memphis, TN 38117

    Build your dream home on Lot 17 in the gated Princeton Heights community in the heart of East Memphis! This vacant lot is situated on the end of the quiet street. At 0.16 acre (one of the largest lots), you'll have some space for backyard entertainment along with easy maintenance. All existing homes were built by Chris Tedder, known for exceptional craftsmanship & style. Looking for something

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    Julie Upchurch

    McWaters & Associates

    (901) 673-5774

    507 Henry Heights Dr, Memphis, TN 38117
  • /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

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    Patrice Williams-Wooten

    Keller Williams

    (901) 883-7574

    4498 Beacon Hill Cove, Memphis, TN 38127
  • /2

    $152,950

    • 2 Beds
    • 1 Bath
    • 990 Sq Ft

    3126 Crump Ave, Memphis, TN 38112

    Renovated rental property with an active lease in place. Currently leased at $____ with a lease expiration of ____. No creative finance offers.

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    Caleb Hall

    Keller Williams

    (901) 694-8973

    3126 Crump Ave, Memphis, TN 38112
  • /3

    $150,000

    • Land

    8607 Geiberger Dr, Memphis, TN 38016

    *** There are very few Golf Course lots available in Memphis and we have 2 for sale*** Come to the beautiful new gated community on the famous picturesque Colonial Country Club, the home of a nationally recognized 18-hole championship course that hosted more than 30 PGA events and crowned great golfers such as Jack Nicklaus, Gary Player and Lee Trevino. These stunning lots directly back up to #1

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    Anna Thomas

    Keller Williams

    (901) 665-2185

    8607 Geiberger Dr, Memphis, TN 38016
  • /2

    $122,360

    • 2 Beds
    • 1 Bath
    • 876 Sq Ft

    3640 Dunn Ave, Memphis, TN 38111

    Renovated rental property with an active lease in place. Currently leased at $750 month to month. No creative finance offers. This home is part of a 103 home package.

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    Caleb Hall

    Keller Williams

    (901) 554-4811

    3640 Dunn Ave, Memphis, TN 38111
  • /2

    $167,580

    • 2 Beds
    • 1.5 Baths
    • 1,219 Sq Ft

    1194 Wingfield Rd, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $1,100 with a lease expiration of 05/31/2026. No creative finance offers. This home is part of a 103 home package.

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    Caleb Hall

    Keller Williams

    (901) 675-6601

    1194 Wingfield Rd, Memphis, TN 38122
  • /20

    $125,000

    • 3 Beds
    • 2.5 Baths
    • 1,867 Sq Ft

    3406 Cristil St Unit 31, Memphis, TN 38118

    Spacious townhome in a peaceful East Memphis neighborhood featuring 3 bedrooms and 2.5 baths. Updates include new carpet in all bedrooms and laminate wood flooring in the den. Functional layout with comfortable living space, conveniently located near shopping, dining, and everyday amenities.

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    Randell Richmond

    eXp Realty, LLC

    (901) 296-9554

    3406 Cristil St Unit 31, Memphis, TN 38118
  • /6

    $140,000

    • 4 Beds
    • 2 Baths
    • 1,571 Sq Ft

    4138 Macon Rd, Memphis, TN 38122

    Calling all investors interested in a massive home of 2,000 plus square feet with potential for income!!! Come on out and check out this canvas readyfor your artwork for yourself!!! Property will be sold AS-IS. SELLER WILL NOT MAKE ANY REPAIRS!!!!

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    Randell Richmond

    eXp Realty, LLC

    (901) 329-8574

    4138 Macon Rd, Memphis, TN 38122
  • /34

    $130,000

    • 3 Beds
    • 1 Bath
    • 1,335 Sq Ft

    4261 Boyce Rd, Memphis, TN 38117

    Freshly painted inside and out! You'll find extra space, and outdoor living in this 3 bedroom home that delivers more than you expect. Large, solid expansion and flexible living space in a convenient 38111 location. Enjoy a 15x12 screened-in porch perfect for morning coffee or relaxing evenings protected from the Memphis mosquitos! Detached and wired workshop offers ideal space for hobbies,

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    Kimmer Plunk

    Centric Realty LLC

    (901) 660-9498

    4261 Boyce Rd, Memphis, TN 38117
  • /14

    $169,000

    • 3 Beds
    • 2 Baths
    • 1,432 Sq Ft

    3553 Rhodes Ave, Memphis, TN 38111

    Pretty, French provisional style home. Totally remodeled inside with new lightning, cabinets and countertops. Living room and den open up to make your entertaining area huge. An additional 2 car detached carport with workshop. Perfect starter home. This one won't last long.

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    William Mitchell

    Crye-Leike, Inc., REALTORS

    (901) 660-8453

    3553 Rhodes Ave, Memphis, TN 38111
  • /14

    $110,000

    • 3 Beds
    • 1 Bath
    • 1,563 Sq Ft

    930 N Idlewild St, Memphis, TN 38107

    Are you looking for the cutest cottage in Midtown’s historic district? This charming gem is located in the highly desirable Vollintine Historic District and is full of character and potential. With just a little TLC, this home can truly shine. Featuring 3 bedrooms and 1 full bath, this cozy cottage is ideal for a first-time homebuyer or an investor looking for a great rental opportunity. The

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    Valencia Gathwright

    Keller Williams

    (901) 446-2708

    930 N Idlewild St, Memphis, TN 38107
  • /2

    $103,750

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

    1030 Floyd Ave, 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 $950/mo. Professionally managed. Lease expires on 1/30/26

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    Caleb Hall

    Keller Williams

    (901) 669-4348

    1030 Floyd Ave, Memphis, TN 38127
  • /2

    $172,900

    • 2 Beds
    • 1 Bath
    • 828 Sq Ft

    4395 Ferndale Rd, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $1,150 month to month. No creative finance offers. This home is part of a 103 home package.

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    Caleb Hall

    Keller Williams

    (901) 245-5264

    4395 Ferndale Rd, Memphis, TN 38122
  • /2

    $109,500

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

    803 Par Ave, 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 $1,100/mo. Professionally managed. Lease expires on 3/30/26

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    Caleb Hall

    Keller Williams

    (901) 668-6064

    803 Par Ave, Memphis, TN 38127
  • /2

    $160,930

    • 3 Beds
    • 1 Bath
    • 1,011 Sq Ft

    4368 Macon Rd, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $1000 with a lease expiration of 09/31/2026.This home is part of a 103 home package.

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    Caleb Hall

    Keller Williams

    (901) 657-4111

    4368 Macon Rd, Memphis, TN 38122
  • /2

    $156,940

    • 3 Beds
    • 1 Bath
    • 911 Sq Ft

    1241 Holliday St, Memphis, TN 38122

    Renovated rental property with an active lease in place. Currently leased at $1,000 with a lease expiration of 07/31/2026. No creative finance offers. This home is part of a 103 home package.

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    Caleb Hall

    Keller Williams

    (901) 660-8823

    1241 Holliday St, Memphis, TN 38122
  • /2

    $158,270

    • 2 Beds
    • 1 Bath
    • 1,056 Sq Ft

    1474 Orr St, Memphis, TN 38108

    Renovated rental property with an active lease in place. Currently leased at $1,125 with a lease expiration of 05/31/2026. No creative finance offers. This home is part of a 103 home package.

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    Caleb Hall

    Keller Williams

    (901) 445-6790

    1474 Orr St, Memphis, TN 38108

Showing Results 1 - 40, Page 1 of 18

Home Trends in Memphis, TN

Housing Trends

Median Sale Price
$200,000
Median Single Family Sale Price
$198,000
Median Townhouse Sale Price
$400,000
Median 2 Bedroom Sale Price
$149,900
Median 1 Bedroom Sale Price
$140,154
Average Price Per Sq Ft
$132
Number of Homes for Sale
2,159
Last 12 months Home Sales
6,670
Months of Supply
3.90
Median List Price
$205,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
7%
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