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Memphis, TN Homes under $200,000

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  • /19

    $166,500

    • 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.

    Agent Photo

    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
  • /3

    $154,900

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

    846 Garland St, Memphis, TN 38107

    Investor special — needs work, but the upside’s real. Great bones and solid location in the Vollintine-Evergreen Historical District! Not for the weekend warrior, but perfect for a value-add play. Run your numbers and bring your contractor. This property invites a transformative approach with a targeted vision to realize its full potential. Bring ALL offers.

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    Jordan Ray

    eXp Realty, LLC

    (901) 621-8125

    846 Garland St, Memphis, TN 38107
  • /27

    $199,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    5055 Wingdale Rd, Memphis, TN 38117

    Fully 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, 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. The

    Agent Photo

    Amanda Lester

    NextHome Cornerstone Realty

    (901) 350-4896

    5055 Wingdale Rd, Memphis, TN 38117
  • /26

    $150,000

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

    1930 Tahiti Ln, Memphis, TN 38117

    3 bedroom house with 2 baths, Carport with storage plus large covered patio in backyard. Fenced yard.

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    Sherry Harbur

    Harbur Realty

    (901) 554-4714

    1930 Tahiti Ln, Memphis, TN 38117
  • /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

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    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!

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    Steve Luong

    eXp Realty, LLC

    (901) 675-7957

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

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    Sherry Harbur

    Harbur Realty

    (901) 459-2778

    3274 Gaylord Ln, Memphis, TN 38118
  • /30

    $195,000

    • 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

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    Monica Mauricio

    REMAX Experts

    (901) 554-4132

    3339 S Perkins Rd, Memphis, TN 38118
  • /34

    $174,900

    • 1 Bed
    • 1 Bath
    • 600+ Sq Ft

    109 N Main St Unit 601, Memphis, TN 38103

    Moody Vibes. Historic Charm. Sleek Perfection. Welcome to Unit 601 at the Historic Claridge Building—a moody, modern 1-bedroom masterpiece nestled in the heart of downtown Memphis. This sleek city retreat offers the perfect blend of historic character and contemporary luxury. Full remodel 2024 Step inside and feel the vibe: Dramatic finishes, unique layout that's designed to impress. The chef’s

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    Chasity Blackburn

    Blackburn & Co

    (901) 660-9236

    109 N Main St Unit 601, Memphis, TN 38103
  • /15

    $178,500

    • 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
  • /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

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    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

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    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.

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    Caleb Hall

    Keller Williams

    (901) 617-7502

    646 Semple Ave, Memphis, TN 38127
  • /2

    $126,000

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

    644 Burdette 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 11/14/25

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    Caleb Hall

    Keller Williams

    (901) 668-6109

    644 Burdette 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.

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    Caleb Hall

    Keller Williams

    (901) 665-3175

    518 Burlington Cir, Memphis, TN 38127
  • /2

    $105,000

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

    2941 Carrington Rd, Memphis, TN 38114

    This excellent, recently updated bungalow is centrally located! The roof, central HVAC, flooring, and paint were all updated in 2021. This tenant-occupied investment opportunity is near the University of Memphis and is within walking distance to the University of Memphis Early Childhood Academy. DO NOT DISTURB TENANTS and no showings without an accepted offer. Cash-flowing and ready for a new

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    Kristy Cannon

    Keller Williams

    (901) 675-6956

    2941 Carrington Rd, Memphis, TN 38114
  • /2

    $100,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    3460 Lamphier Ave, Memphis, TN 38122

    This completely renovated 3 bedroom 1 bathroom rental will make the perfect investment property. Tenant occupied current rent is $895. Please do not Disturb Tenant. No showings without an accepted offer. No wholesale offers or assignments.

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    Kristy Cannon

    Keller Williams

    (901) 657-3935

    3460 Lamphier Ave, Memphis, TN 38122
  • /2

    $105,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    1083 W Walthal Cir, Memphis, TN 38111

    Professionally managed. Rents for $1035. Architectural roof. Vinyl siding. Do not approach or disturb tenants. No showings without an accepted offer. No wholesale or assignment offers.

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    Kristy Cannon

    Keller Williams

    (901) 660-5028

    1083 W Walthal Cir, Memphis, TN 38111
  • /2

    $125,000

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

    2252 Devoy Ave, Memphis, TN 38108

    Build your investment portfolio. Great OWNER-OCCUPIED home marketed in a package with 3 other homes 1052 Seymour, 1058 Seymour, 2320 Devoy within walking distance. 1.5 miles from Rhodes College and 1.9 miles from Evergreen Historic District. DO NOT DISTURB OWNER OCCUPANT. As Is Sell.

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    Tammy Taylor

    KAIZEN Realty, LLC

    (901) 673-8165

    2252 Devoy Ave, Memphis, TN 38108
  • /2

    $145,000

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

    1052 Seymour St, Memphis, TN 38108

    Build your investment portfolio. Great OWNER-OCCUPIED home marketed in a package with 3 other homes 1058 Seymour, 2252 Devoy, 2320 Devoy within walking distance. 1.5 miles from Rhodes College and 1.9 miles from Evergreen Historic District. DO NOT DISTURB OWNER OCCUPANT. As Is Sell.

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    Tammy Taylor

    KAIZEN Realty, LLC

    (901) 627-3629

    1052 Seymour St, Memphis, TN 38108
  • /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.

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    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.

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    Daniel Johnson

    Keller Williams

    (901) 403-6268

    4193 Riche Rd, Memphis, TN 38128
  • /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
  • /2

    $115,000

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

    1797 Dupont Ave, Memphis, TN 38127

    Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1.5 baths. Currently renting for $1,350 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over 15 other rental houses available also.

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    Harry Samuels

    Pinnacle Realty

    (901) 668-6924

    1797 Dupont Ave, Memphis, TN 38127
  • /2

    $100,000

    • 2 Beds
    • 1 Bath
    • 100+ Sq Ft

    1862 Dupont Ave, Memphis, TN 38127

    Great investment opportunity in this rental income producing house. It has 2 bedrooms and 1 baths. Currently renting for $1,200 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over 15 other rental houses available also.

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    Harry Samuels

    Pinnacle Realty

    (901) 657-4105

    1862 Dupont Ave, 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.

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    Pablo Pereyra

    901, REALTORS

    (901) 621-3623

    3600 Powell Ave, Memphis, TN 38122
  • /10

    $158,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    3143 S Lafayette Cir, Memphis, TN 38111

    Welcome to 3143 S Lafayette Cir. a charming 3-bedroom East Memphis home with timeless appeal and endless potential. Featuring original hardwood floors throughout, with living room, dedicated dining room, and an attached carport for convenient parking. The fenced backyard is perfect for pets or play. Whether you're an investor searching for your next opportunity or an owner-occupant looking to

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    Amanda Lester

    NextHome Cornerstone Realty

    (901) 669-6627

    3143 S Lafayette Cir, Memphis, TN 38111
  • /15

    $139,000

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

    2196 Ketchum Rd, Memphis, TN 38114

    You'll the privacy on this one, no neighbors right on top of you. Easy access to I240. 4 bedroom/2 full baths. New paint, windows, refinished floors, new AC will be installed at closing. Nice size home and lot for the money, cheaper than rent. It was leased at $1700/mo but you can own is for much less. Call for details.

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    Scott Carrier

    Keller Williams

    (901) 660-8718

    2196 Ketchum Rd, Memphis, TN 38114
  • /9

    $160,000

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

    596 Burdette Ave, Memphis, TN 38127

    Discover this lovely 3-bedroom, 1.5-bathroom home located in a great neighborhood, featuring covered parking and a spacious corner lot. The home also boasts brand new windows, adding to its appeal and energy efficiency. This property qualifies for special financing options through the City of Memphis. Don’t miss your chance—schedule a showing today! This opportunity won’t last long

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    Lakesha Lilly Leatherwood

    The Home Partners Realty

    (901) 673-2452

    596 Burdette Ave, Memphis, TN 38127
  • /37

    $116,000

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

    2606 Wellons Ave, Memphis, TN 38127

    AS IS Sale-Great Opportunity to Rent as Investment. Property has a Spacious Living/Dining Room Combo, Laundry Room, New Flooring, 3 bedrooms, 1 Full Bath and 1/2 bath and a Deck on the back. CASH ONLY. Cash Buyers must show Proof of Funds. Sorry No Wholesalers or Creative Financing will be Accepted. New Paint and New Flooring. Seller also Selling 2531 Redvers, 38127. Seller will not Turn on

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    Tara Woodley

    Zach Taylor Real Estate

    (901) 582-8468

    2606 Wellons Ave, Memphis, TN 38127
  • /28

    $109,000

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

    2531 Redvers Ave, Memphis, TN 38127

    AS IS SALE-Great for Investor/Rental. Property has Fresh Interior Paint and New Flooring. Home has 3 Bedrooms and 2 Full Baths, Kitchen Great Room and Laundry Room with Spacious Front/Backyard. CASH ONLY, Cash Buyers Must Show Proof of Funds. Sorry No Wholesalers or Creative Financing. Seller prefers a Quick Close!!! Seller will Not Turn On Utilities for Inspections. Buyer Must turn on

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    Tara Woodley

    Zach Taylor Real Estate

    (901) 657-1679

    2531 Redvers Ave, Memphis, TN 38127
  • /14

    $185,000

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

    822 Eastern Dr, Memphis, TN 38122

    Well kept 3 bedroom, 1.5 bath in Kingbury area. Perfect home for small family who wants a large backyard for play in a quiet neighborhood. Home has a formal living room and a Great Room off of the kitchen. Lots of options.

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    Daniel Johnson

    Keller Williams

    (901) 657-2536

    822 Eastern Dr, Memphis, TN 38122
  • /24

    $190,000

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

    5753 Riverhead Ave, Memphis, TN 38135

    Back on the market at no fault to the seller. Welcome to this 3-bedroom, 2-bath gem nestled on a spacious lot with a large yard perfect for outdoor entertaining, gardening, or future expansion. This home offers a fantastic opportunity for first-time buyers looking to build equity or savvy investors seeking their next project. Inside, you'll find a functional layout with good bones and plenty of

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    Caleb Hall

    Keller Williams

    (901) 675-6885

    5753 Riverhead Ave, Memphis, TN 38135
  • /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
  • /20

    $139,000

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

    4189 Chippewa Rd, Memphis, TN 38118

    Great opportunity in Memphis! This property has had recent renovations including updated flooring, fresh paint, and more. Functional layout with strong rental potential or a great option for a primary residence. Conveniently located near shopping, schools, and major roadways. Don’t miss your chance to add this one to your portfolio or make it your own!

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    Blake Clothier

    Premier Realty Group, LLC

    (901) 446-3068

    4189 Chippewa Rd, Memphis, TN 38118
  • /28

    $110,000

    • 1 Bed
    • 1 Bath
    • 100+ Sq Ft

    109 N Main St Unit 1202, Memphis, TN 38103

    Spacious Studio with brick accent wall, river view, walk in closet and large kitchen. Ready to make it yours!

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    Sherry Harbur

    Harbur Realty

    (901) 621-4791

    109 N Main St Unit 1202, Memphis, TN 38103
  • /28

    $199,900

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

    3635 Cromwell Cove, Memphis, TN 38118

    Very nice renovated 4 bedroom 2.5 bathroom home with 2 living areas, dining room area, laundry room, and a great back yard.

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    Bill Murdock

    Crye-Leike of MS

    (901) 621-7470

    3635 Cromwell Cove, Memphis, TN 38118
  • /3

    $150,000

    • Land

    8607 Geiberger Dr, Memphis, TN 38016

    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. This stunning lot directly backs up to #1 fairway and is the ideal setting to bring your dream home to life. Wake up to the serene beauty of

    Agent Photo

    Anna Thomas

    Keller Williams

    (901) 665-2185

    8607 Geiberger Dr, Memphis, TN 38016
  • /3

    $145,000

    • Land

    8599 Geiberger Dr, Memphis, TN 38016

    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. This stunning lot directly backs up to #1 fairway and is the ideal setting to bring your dream home to life. Wake up to the serene beauty of

    Agent Photo

    Anna Thomas

    Keller Williams

    (901) 675-7130

    8599 Geiberger Dr, Memphis, TN 38016

Showing Results 1 - 40, Page 1 of 18

Home Trends in Memphis, TN

Housing Trends

Median Sale Price
$270,000
Median Single Family Sale Price
$314,999
Median Townhouse Sale Price
$251,250
Median 2 Bedroom Sale Price
$210,000
Median 1 Bedroom Sale Price
$239,000
Average Price Per Sq Ft
$201
Number of Homes for Sale
112
Last 12 months Home Sales
654
Months of Supply
2.10
Median List Price
$299,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
36%
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