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Memphis, TN Homes for Sale under $200,000

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  • /32

    $195,000

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

    3274 Gaylord Ln, Memphis, TN 38118

    A Memphis gem with flexible living and timeless charm. 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 blends charm with modern updates. The plumbing has already been replaced (to the street), offering peace of mind for years to come. Enjoy a flexible

    Agent Photo

    Sherry Harbur

    Harbur Realty

    (901) 459-2778

    3274 Gaylord Ln, Memphis, TN 38118
  • /30

    $190,000

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

    3339 S Perkins Rd, Memphis, TN 38118

    Call your favorite Real Estate Agent now and schedule an appointment to tour this lovely home! 3 bedrooms, 2 bathrooms, spacious kitchen with dining area. Separate Laundry Room. Beautiful pool. Private backyard for relaxing. Seller requests only pre approved buyers tour the home. Llame su Agente de Bienes Raices favorito y programar una cita a ver esta casa. 3 dormitorios, 2 banos, amplia

    Agent Photo

    Monica Mauricio

    REMAX Experts

    (901) 554-4132

    3339 S Perkins Rd, Memphis, TN 38118
  • /15

    $178,400

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

    3449 Carrington Rd, Memphis, TN 38111

    Come check out this fully remodeled, beautifully updated and renovated. Three-bedroom, two-bath home. Located in the highly sought-after 38111 neighborhood this home puts you steps away from the University of Memphis and the Children’s Museum — so whether you're into higher education or finger painting, you're covered. Inside, you'll find modern finishes, clean lines with an open concept layout

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    Vivian Denogean

    Fast Track Realty, LLC

    (901) 660-7822

    3449 Carrington Rd, Memphis, TN 38111
  • /19

    $166,300

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

    857 Pope St, Memphis, TN 38112

    This beautifully renovated and updated 3-bedroom, 2-bathroom home is centrally located—just a 10-minute drive from the Memphis Zoo, the Botanical Gardens, and all the places you’ll swear you’ll visit soon. Featuring modern upgrades throughout, this home is move-in ready—meaning you can skip the endless "weekend projects" and just enjoy your space. Schedule your showing today.

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    Vivian Denogean

    Fast Track Realty, LLC

    (901) 883-6066

    857 Pope St, Memphis, TN 38112
  • /33

    $200,000

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

    1778 Evelyn Ave, Memphis, TN 38114

    WOW! Cozy Bungalow in Midtown's Cooper Young area with lots of Fabulous Natural Light! Enjoy Newer 30-yr Architectural Roof, Newer Windows, Fresh Neutral Paint, Blinds, Wood Laminate Floors through-out,(Newer Carpet & only in Bedrooms), 3 Bedrooms/2 Remodeled Baths and Smiling Front Porch just waiting for your future Swing! Great Flow from Front Living Room to Formal Dining or 2nd Flex Living

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    C. Lauren Jones

    Crye-Leike, Inc., REALTORS

    (901) 329-8400

    1778 Evelyn Ave, Memphis, TN 38114
  • /14

    $165,000

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

    2974 New London, Memphis, TN 38115

    Welcome home to this well-cared-for 2-bedroom, 2.5-bath gem. Both bedrooms feature their own full bathrooms for privacy, while the convenient half-bath off the main living area is perfect for guests. Move-in ready, clean and neutral just add your personal style. Ideally situated in Memphis 38115 close to Hickory Ridge, Parkway Village, shopping centers, and major roadways for an easy commute.

    Agent Photo

    Vivian Denogean

    Fast Track Realty, LLC

    (901) 657-3417

    2974 New London, Memphis, TN 38115
  • /13

    $115,000

    • 2 Beds
    • 1 Bath
    • 600+ Sq Ft

    3215 University St, Memphis, TN 38127

    Welcome to your future favorite home, or investment property. This beautifully updated two-bedroom, one-bath home blends modern finishes with fresh upgrades, all nestled in a friendly Memphis neighborhood. With two comfy bedrooms and modern bathroom elegantly renovated with a clean, contemporary feel. Light-filled living spaces that feel cozy but current ideal for relaxing, working, or hosting.

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    Vivian Denogean

    Fast Track Realty, LLC

    (901) 673-7739

    3215 University St, Memphis, TN 38127
  • /18

    $124,900

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

    3159 Overton Crossing St, Memphis, TN 38127

    Welcome to 3159 Overton Crossing Street — a spacious 3-bedroom, 1-bath home in Memphis. This property features a functional floor plan with a bright living area, an eat-in kitchen, and generous bedroom sizes. The large backyard offers plenty of space for outdoor enjoyment or future landscaping. Recent updates include fresh paint and flooring, giving the home a move-in ready feel while still

    Agent Photo

    Paul Hearn

    eXp Realty

    (901) 445-6776

    3159 Overton Crossing St, Memphis, TN 38127
  • /24

    $189,901

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

    3600 Powell Ave, Memphis, TN 38122

    A Berclair Beauty! Welcome to 38122 finest: Massive back yard, brick built, 4 bedroom home with granite kitchen and bonus room. Three downstairs bedrooms one up, now with its own AC mini-split system, bathroom and a finished walk-in attic. Hurry... wont last! Private 360 3D tours available upon request. Se habla espanol, Equal Housing Opportunity.

    Agent Photo

    Pablo Pereyra

    901, REALTORS

    (901) 621-3623

    3600 Powell Ave, Memphis, TN 38122
  • /27

    $178,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    5055 Wingdale Rd, Memphis, TN 38117

    Renovated + Priced to Sell in East Memphis! This move-in-ready 3BR/1BA home offers the perfect blend of charm and modern updates. Renovated July 2025, includes brand-new central air & ductwork, gas water heater, refinished original hardwood floors, and a completely redone kitchen with granite countertops, stainless gas stove, vent hood, dishwasher, new cabinets, tile floors, and updated lighting.

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    Amanda Lester

    NextHome Cornerstone Realty

    (901) 350-4896

    5055 Wingdale Rd, Memphis, TN 38117
  • /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
  • /40

    $200,000

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

    814 Thistledown Dr Unit 1206, Memphis, TN 38117

    Rare opportunity in Audubon Square! This corner-unit townhome condo features 3 bedrooms, 2.5 baths, an attached garage plus private parking at your front door. Enjoy a fenced patio out back and a shared patio near the mailboxes just steps away. Inside, you’ll find spacious rooms, ample closets, and built-in shelving for extra storage. The gated community offers resort-style amenities including a

    Agent Photo

    Sherry Harbur

    Harbur Realty

    (901) 660-9511

    814 Thistledown Dr Unit 1206, Memphis, TN 38117
  • /38

    $160,000

    • 1 Bed
    • 1.5 Baths
    • 1,200+ Sq Ft

    585 S Greer St Unit 303, Memphis, TN 38111

    Spacious 1-Bedroom Condo in Recently Renovated Country Club Tower Welcome to Country Club Tower Condos! This 3rd-floor unit offers a spacious 1-bedroom, 1.5-bath floorplan in a gated community with security, pool, and party room. Conveniently located near the University of Memphis, this home combines comfort with a prime location. Inside, you’ll find a large bedroom suite with full bath,

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    Sherry Harbur

    Harbur Realty

    (901) 641-1794

    585 S Greer St Unit 303, Memphis, TN 38111
  • /18

    $179,999

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

    1597 Marcia Rd, Memphis, TN 38117

    This charming ranch-style home offers a classic blend of brick and siding, with a welcoming front porch complete with a cozy bench (staging purposes only) for relaxing outdoors. Inside, you’ll find 3 bedrooms, 1 full bath, and versatile living spaces including an office area, a dining room, and a spacious living room. The freshly painted interior with crown molding feels bright and inviting,

    Agent Photo

    Christine DeColli

    Marx-Bensdorf, REALTORS

    (901) 499-4731

    1597 Marcia Rd, Memphis, TN 38117
  • /2

    $112,500

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    908 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 $700/mo. Professionally managed. Lease expires on 5/30/25

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    Caleb Hall

    Keller Williams

    (901) 808-8026

    908 Par Ave, Memphis, TN 38127
  • /2

    $104,500

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    1013 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 $700/mo. Professionally managed. Lease expires on 3/30/26

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    Caleb Hall

    Keller Williams

    (901) 459-3938

    1013 Par Ave, Memphis, TN 38127
  • /2

    $106,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    894 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 $750/mo. Professionally managed. Lease expires on 8/31/25

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 660-9748

    894 Par Ave, Memphis, TN 38127
  • /2

    $129,000

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

    823 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 3/18/26.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 621-8434

    823 Par Ave, Memphis, TN 38127
  • /2

    $123,000

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

    854 Carrolton 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 $800/mo. Professionally managed. Lease expires on 8/30/25

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 673-2982

    854 Carrolton Ave, Memphis, TN 38127
  • /2

    $101,500

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    991 Joel 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 $700/mo. Professionally managed. Lease expires on 9/30/25

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 460-9062

    991 Joel Ave, Memphis, TN 38127
  • /2

    $127,000

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

    951 Joel 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 $800/mo. Professionally managed. Lease expires on 8/30/25

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 617-7556

    951 Joel Ave, Memphis, TN 38127
  • /2

    $104,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    918 Joel 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 $725/mo. Professionally managed. Lease expires on 1/30/26

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 621-7520

    918 Joel Ave, Memphis, TN 38127
  • /2

    $115,900

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    885 Restbrook 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 $800/mo. Professionally managed. Lease expires on 3/10/26

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 660-7130

    885 Restbrook Ave, Memphis, TN 38127
  • /2

    $102,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    908 Restbrook 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 $725/mo. Professionally managed. Lease expires on 4/24/26

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 617-7626

    908 Restbrook Ave, Memphis, TN 38127
  • /2

    $107,000

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

    835 Restbrook 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 $725/mo. Professionally managed. Lease expires on 1/31/26.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 883-7699

    835 Restbrook Ave, Memphis, TN 38127
  • /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

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 668-6064

    803 Par Ave, Memphis, TN 38127
  • /2

    $103,000

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

    3294 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 $900/mo. Professionally managed. Lease expires on 1/30/26

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 676-8719

    3294 Benjestown Rd, Memphis, TN 38127
  • /2

    $101,450

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    3553 Randolph St, 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 $850/mo. Professionally managed. Lease expires on 12/31/25

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 763-6496

    3553 Randolph St, Memphis, TN 38127
  • /2

    $113,250

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    3633 Early St, 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 $725/mo. Professionally managed. Lease expires on 8/30/25

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 617-7953

    3633 Early 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

    Agent Photo

    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

    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 $850/mo. Professionally managed. Lease expires on 12/31/25.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 617-7502

    646 Semple Ave, Memphis, TN 38127
  • /2

    $130,000

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

    518 Burlington Cir, 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 $1,176.00/mo. Professionally managed. Lease expires on 8/30/2025.

    Agent Photo

    Caleb Hall

    Keller Williams

    (901) 665-3175

    518 Burlington Cir, Memphis, TN 38127
  • /2

    $169,100

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

    4301 Riche Rd, Memphis, TN 38128

    Investor Alert: This 3 bed / 2 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) 403-6460

    4301 Riche Rd, 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
  • /2

    $178,000

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

    724 Mcconnell St, Memphis, TN 38112

    Investor Alert: This 3 bed / 2 bath home in the Overton Park Heights subdivision is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. Seller will sell properties as a package or in various smaller packages.

    Agent Photo

    Daniel Johnson

    Keller Williams

    (901) 660-4989

    724 Mcconnell St, Memphis, TN 38112
  • /2

    $181,900

    • 3 Beds
    • 1 Bath
    • 1,400+ Sq Ft

    887 Sumter St, Memphis, TN 38122

    Investor Alert: This 3 bed / 2 bath home in the Bomprezzi neighborhood 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) 716-8379

    887 Sumter St, Memphis, TN 38122
  • /2

    $183,800

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

    4864 Cloister Ave, Memphis, TN 38118

    Investor Alert: This 3 bed / 2 bath home in the Winchester Gardens neighborhood is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. Seller will sell properties as a package or in various smaller packages.

    Agent Photo

    Daniel Johnson

    Keller Williams

    (901) 329-8300

    4864 Cloister Ave, Memphis, TN 38118
  • /2

    $100,000

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

    1060 Forrest Ave, Memphis, TN 38105

    Great investment opportunity-Investors this is one for the books! Located Downtown and minutes from the Medical District. As-Is Sale. Bring all offers!

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    Tammy Taylor

    KAIZEN Realty, LLC

    (901) 660-5421

    1060 Forrest Ave, Memphis, TN 38105
  • /37

    $125,000

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

    1413 Court Ave, Memphis, TN 38104

    Excellent 4 Bed/3 Bath Flip Opportunity With An ARV of $380K In The Evergreen Historical District! The Property Is Vacant & Can Be Viewed Anytime. Seller Makes No Representations/Warranties. Seller Has Never Occupied The Home. Seller Acquired The Property By Foreclosure & Has No Knowledge Of The Property. Property Sold AS-IS. No Financing Contingency - CASH or HARD MONEY only. VIDEO AVAILABLE

    Agent Photo

    Jordan Ray

    eXp Realty, LLC

    (901) 665-2242

    1413 Court Ave, Memphis, TN 38104
  • /5

    $189,000

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

    3440 Kirby Meadows Dr, Memphis, TN 38115

    20K PRICE REDUCTION! Huge amount of space and square footage for the price! Home has gone through foreclosure and is being sold as-is. Seller will not offer any repairs or concessions. Price reflects work that needs to be done. Please use offer info sheet and bank's purchase and sale agreement for all offers. Buyers and sellers will both close with Fidelity National Title.

    Agent Photo

    Kyle Couvion

    Reid, REALTORS

    (901) 665-2611

    3440 Kirby Meadows Dr, Memphis, TN 38115

Showing Results 1 - 40, Page 1 of 18

Home Trends in Memphis, TN

Housing Trends

Median Sale Price
$199,500
Median Single Family Sale Price
$203,000
Median Townhouse Sale Price
$423,000
Median 2 Bedroom Sale Price
$160,000
Median 1 Bedroom Sale Price
$140,000
Average Price Per Sq Ft
$135
Number of Homes for Sale
2,356
Last 12 months Home Sales
5,599
Months of Supply
5.00
Median List Price
$215,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
5%
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