Memphis, TN Homes under $200,000

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  /28

  $199,900

  • 1 Bed
  • 1 Bath
  • 1,000+ Sq Ft

  510 City House Ct Unit 205, Memphis, TN 38103

  Renovated\Modern Bath\Investment Opportunity\Don't miss this stunning 1bed with LARGE FLEX ROOM: located just steps from the river, restaurants & theaters! Enjoy peace of mind in this GATED controlled-access community ,reserved parking and elevator access to your unit. Step inside to a spacious open-concept living area with 10-ft smooth ceilings, hardwood floors, built-in bookshelves, gas

  Dona Tippett Tippett & Associates Realty

  510 City House Ct Unit 205, Memphis, TN 38103
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  /17

  $172,500

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

  3549 Marion Ave, Memphis, TN 38111

  Motivated Seller!! 2 Bedroom/3 FULL bathroom home that is a great opportunity for a turn key investment property or owner occupant. FRESH Interior & exterior paint throughout, Beautiful hardwood floors, new flooring in kitchen & ba's, Big backyard with deck. WALK To University Of Memphis!!!! Also conveniently located just walking distance to restaurants and shopping and the Highland Strip. Newer

  Elizabeth Gant REMAX Experts

  3549 Marion Ave, Memphis, TN 38111
• 

  

  

  /21

  $128,900

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

  5431 Brush Everhard St Unit PD, Memphis, TN 38134

  Move in ready condo in Bartlett now available! 2 bedroom and 2 full and 1 half bath! These are excellent investment properties here or owner occupants. Vacant, easy to show!

  Caleb Parr Renshaw Company, REALTORS

  5431 Brush Everhard St Unit PD, Memphis, TN 38134
• 

  

  

  /23

  $199,900

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  802 N Mclean Blvd, Memphis, TN 38107

  Located in the heart of the Historic Vollentine/Evergreen sits this charming single family home with 2 Bedroom and 1 Full bath ~ A Smart Alternative to Tradition Student Housing at Rhodes College ~ Original hardwood throughout ~ New roof 2022 ~ New back deck 2023 ~ Screened in back porch with remote control fan ~ Fresh paint inside ~ Easy maintenance vinyl siding ~ Beautifully landscaped backyard

  Brahim Lamghari Crye-Leike, Inc., REALTORS

  802 N Mclean Blvd, Memphis, TN 38107
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  /26

  $129,000 Open Sun 2PM - 3:30PM

  • 1 Bed
  • 1 Bath
  • 600+ Sq Ft

  109 N Main St Unit 412, Memphis, TN 38103

  Downtown living at its finest! This spacious true one-bedroom is a short skip away from the river, Bass Pro, and fabulous restaurants. The historic Claridge House offers exclusive amenities, such as a weekday onsite manager, a rooftop deck with 2 grills and breathtaking river views. Enjoy stunning bridge views from your condo, enhancing the vibrant city experience. Indulge in relaxation with the

  Pam Beall Crye-Leike, Inc., REALTORS

  109 N Main St Unit 412, Memphis, TN 38103
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  /25

  $169,900

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

  3442 Carrington Rd, Memphis, TN 38111

  Back ON THE MARKET!!!! *Totally Remodel* With that new home feel. Waiting for your growing family. This home is a gem shining like a diamond. Perfect location just minutes from U of M, nice restaurants and shopping. FHA, Cash or Conventional.

  Jo Mathes Pinnacle Realty

  3442 Carrington Rd, Memphis, TN 38111
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  /12

  $130,000

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

  2464 Rammesses Ave, Memphis, TN 38127

  Excellent investment with tenants already in place paying $1075. 3br/2ba. Do Not Disturb Tenants. Also see 4120 Mountain Terrace

  Jason Wallace Keller Williams Realty

  2464 Rammesses Ave, Memphis, TN 38127
• 

  

  /17

  $140,000

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

  4120 Mountain Terrace St, Memphis, TN 38127

  Excellent investment with tenants already in place paying $1100. 3br/2ba. Do Not Disturb Tenants. Also see 2464 Rammesses AV

  Jason Wallace Keller Williams Realty

  4120 Mountain Terrace St, Memphis, TN 38127
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  /9

  $155,000

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

  2663 Central Terrace Unit 30, Memphis, TN 38111

  Stylish 2- Bedroom Condo in Prime East Memphis Location. Welcome to 2663 Central Terrace, a beautifully designed 2-bedbroom, 3-bathroom Condo located in highly desirable East Memphis area. This charming two story home offers modern living with both bedrooms conveniently situated upstairs, each with its own private bathroom making it perfect for added privacy and comfort. Call for your personal

  Kenya Jones Bespoke Realty

  2663 Central Terrace Unit 30, Memphis, TN 38111
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  /9

  $119,900

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

  3578 Hazelwood Ave, Memphis, TN 38122

  Great property for an investor/renter. This investment opportunity features 3 bedrooms and 1 bath. Home comes fully renovated with fresh paint throughout, new kitchen countertops, new cabinet hardware, new plumbing fixtures, central air and heat etc.. Needs a little updating but would make a great rental!

  Jennifer Little KAIZEN Realty, LLC

  3578 Hazelwood Ave, Memphis, TN 38122
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  /8

  $125,000

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

  4335 Ford Rd, Memphis, TN 38109

  Come and check out this beautiful brick home! It’s a 3 bed 1 bath home With updates throughout. It has new flooring, fresh new look in the bathroom with new tile surround and a brand new roof. Come check this one out for yourself and be impressed! This home qualifies for 100% financing and closing costs assistance. This could be a low move-in cost option!

  Michelle Hayes Thomas Hayes Homes and Realty, Inc

  4335 Ford Rd, Memphis, TN 38109
• 

  

  /21

  $129,900

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

  1646 Clancy St, Memphis, TN 38106

  This charming 3-bedroom, 1-bathroom home is ideal for first-time home buyers or savvy investors looking for a turn-key ready property. This move-in ready gem has been thoughtfully updated from top to bottom, offering peace of mind and modern comfort. Recent upgrades include a brand-new 3-ton HVAC system, all-new plumbing throughout, a durable 30-year roof, new flooring, fresh interior paint, and

  Courtney Clark Keller Williams

  1646 Clancy St, Memphis, TN 38106
• 

  

  /21

  $184,900

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

  113 Pettite Cove, Memphis, TN 38109

  Don’t miss this rare opportunity to own a truly move-in ready home. Schedule a tour today and see how this fresh renovation can be your next chapter in Memphis living! Qualified buyers may receive up to $15,000 in assistance with approved lenders and programs. Great opportunity for buyers seeking affordability with support. Seller will consider doing a one year lease.

  Charlene Bailey Exit Realty Blues City

  113 Pettite Cove, Memphis, TN 38109
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  /19

  $124,900

  • 1 Bed
  • 1 Bath
  • 600+ Sq Ft

  10 S Idlewild St Unit 4, Memphis, TN 38104

  Discover the charm of this quaint gated condo community in Midtown! This top-floor, 1 bed, 1 bath unit features modern updates, including sleek flooring and stylish finishes. Includes fridge, stove, and dishwasher-all only 1 year old! Enjoy the privacy of a second-story location with a shared foyer entrance for just four units. Conveniently located near grocery stores, restaurants, and

  Randi Lynn KAIZEN Realty, LLC

  10 S Idlewild St Unit 4, Memphis, TN 38104
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  /15

  $109,500

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  2540 Malone Ave, Memphis, TN 38114

  Super cute 2 bedroom 1 bathroom home with low maintenance exterior and large detached workshop! Home would be a great primary residence or investment property! This home is in move-in condition and it has new interior paint, new exterior paint, nice looking roof (with no known issues), nice floor plan with new carpet, updated bathroom and kitchen, light fixtures that have been updated. Home

  Tyler Tapley Crye-Leike, Inc., REALTORS

  2540 Malone Ave, Memphis, TN 38114
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  /10

  $100,000

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

  1535 Southern Ave, Memphis, TN 38114

  Lots of potential for this investor special! Currently being marketed for rent!

  Alissa Fowler CrestCore Realty MphsBrokerage

  1535 Southern Ave, Memphis, TN 38114
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  /26

  $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
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  /26

  $165,000

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

  475 N Highland St Unit 5B, Memphis, TN 38122

  REDUCED TO SELL!! Updated 3 bedroom/3 bath condo in desirable Fairway Towers. 24 hr Security, gorgeous lobby, meeting, exercise rooms & fabulous pool. End unit. Open floor plan. Bamboo floors. Granite, SS in kitchen. LED recessed lighting. New Pella doors w/ built-in blinds and windows. Customized walk-in closets. On demand hot water. 2 balconies. Surround sound throughout. Lighted built-ins in

  Hedda Schwartz KAIZEN Realty, LLC

  475 N Highland St Unit 5B, Memphis, TN 38122
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  /19

  $175,000

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

  2535 Yale Ave, Memphis, TN 38112

  ATTENTION!! Opportunity to revitalize and make some $$. Much work has already been started. Finish to you specifications. Kitchen Cabinets installed, electrical & plumbing work was permitted & almost completed. Framing complete for BR & bath up. Two lots included in this sale. New windows throughout.

  Sue Stinson-Turner Crye-Leike, Inc., REALTORS

  2535 Yale Ave, Memphis, TN 38112
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  /12

  $134,000

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

  5730 Quince Rd Unit 5, Memphis, TN 38119

  This townhouse is currently rented for $1500 per month. Recently updated with appliances, new granite countertops, new tiled bathrooms, paint, carpet and lights fixtures. This townhouse is centrally located near shopping, schools and the interstate. Neighborhood pool is close to this unit. owner/agent Investors only for this tenant occupied townhouse.

  Adam Watson Keller Williams

  5730 Quince Rd Unit 5, Memphis, TN 38119
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  /17

  $175,000

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

  1131 Rozelle St, Memphis, TN 38106

  Minutes away from Cooper Young and Overton Square. Located in Glenview, This home has been beautifully renovated and great for entertaining. This is a 3 bed 2 bath home with an open floor plan. Island in the kitchen, New cabinets, light fixtures, and countertops. LVP flooring throughout the property. Huge backyard. This one available for 100% financing through Cadence Bank.

  Antonio Walton The Home Partners Realty

  1131 Rozelle St, Memphis, TN 38106
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  /5

  $165,000

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

  281 Bond Ave, Memphis, TN 38106

  INVESTORS, this one is for you. Cash flowing rental property with guaranteed income! Monthly rent of $1,441 is 100% covered by Section 8. Lease ends on 9/30/2025. Minimal maintenance brick home under 20 years old, with a responsible tenant happily in place. Let this be the next step in your investing journey. DO NOT DISTURB TENANTS. No showings without an accepted offer.

  Joseph Johnson BEST Real Estate Company

  281 Bond Ave, Memphis, TN 38106
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  /26

  $180,000

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

  825 Merrywood Glen Unit 4, Memphis, TN 38117

  Welcome to this spacious 2-bedroom, 2-bath condo in the well-maintained Audubon Square community. This upstairs unit features two private balconies—one off the living room, perfect for entertaining, and one off the primary bedroom, ideal for relaxing. The living area is open yet cozy with a wood-burning fireplace and great natural light. The kitchen offers updated white cabinets, large tile

  Dena Austill Crye-Leike of MS, Inc.

  825 Merrywood Glen Unit 4, Memphis, TN 38117
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  /6

  $164,990

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

  2056 Goodhaven Dr, Memphis, TN 38116

  Spacious four bedroom and two bath home is conveniently located only minutes from I-55. Close to shopping and schools. Roof is 8yrs. Wood floors downstairs and upstairs are in good condition. Just submit your offer and I will send it over to the seller in ample time. No delays! Ready to sell! This property is great for an investor.

  Walter Gipson Keller Williams

  2056 Goodhaven Dr, Memphis, TN 38116
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  /7

  $119,000

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

  3617 Millington Rd, Memphis, TN 38127

  3 bedroom, 1 bath with bonus room / flex space. Large lot and remodeled kitchen, fresh paint and new flooring throughout. Good addition to your investment portfolio. Currently tenant occupied at $1,300/month. No showings without accepted offer. Do not disturb tenant! Great area Close to Amazon and Nike Facilities. Don't miss out on this great opportunity!

  Nicholas Gibson The Stamps Real Estate Company

  3617 Millington Rd, Memphis, TN 38127
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  /14

  $107,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  321 Elder Rd, Memphis, TN 38109

  Perfect home for a investor or first time home owner. Great street with new construction and rehabs. This is move in ready short of appliances.

  Joe King Marathon REALTORS, LLC

  321 Elder Rd, Memphis, TN 38109
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  /30

  $154,900

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

  1009 University St, Memphis, TN 38107

  Awesome home very close to Rhodes college. This home has been recently remodeled and is move in ready! Great price for an appreciating area in Memphis!

  Stephen Akindona Kairos Realty

  1009 University St, Memphis, TN 38107
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  /2

  $156,000

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

  1129 Catalina St, Memphis, TN 38111

  Check out this great opportunity for an investment Duplex! 2 bed 1 bath on each side Side 1 is currently tenant occupied and is undergoing an eviction Side 2 is vacant Do not disturb tenants. No showings until accepted contract Call list agent with any questions

  Tina Sandoval Evernest Too, LLC

  1129 Catalina St, Memphis, TN 38111
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  /13

  $200,000

  • 2 Beds
  • 1 Bath
  • 1,760 Sq Ft

  2287 S Parkway E, Memphis, TN 38114

  LOOK NO MORE! WHAT A GREAT INVESTMENT TO ADD TO YOUR PORTFOLIO. COMPLETE TURN-KEY DUPLEX! One side occupied with a long-term tenant monthly income $675. Other side vacant and completely updated in March 2025. New kitchen, flooring, bathrooms, paint, water heaters, HVAC systems. This one won't last! NO WHOLESALERS OR ASSIGNMENTS.

  Stephanie Moss BEST Real Estate Company

  2287 S Parkway E, Memphis, TN 38114
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  /18

  $166,000

  • 3 Beds
  • 1 Bath
  • 1,800+ Sq Ft

  4346 Benjestown Rd, Memphis, TN 38127

  Fully Renovated Home on Over an Acre – Secluded Country Living! This beautifully renovated home sits on over an acre, offering the perfect blend of modern upgrades and peaceful country living. No detail has been overlooked in this top-to-bottom transformation, featuring a new roof and decking, new rafters, and updated flooring with sturdy new beams. Enjoy the convenience of brand-new plumbing,

  Crystal Mitchell Renshaw Company, REALTORS

  4346 Benjestown Rd, Memphis, TN 38127
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  /7

  $112,500

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4857 Shayne Ln, Memphis, TN 38109

  Fully renovated 3BR 1BA home to include LVP flooring, fresh paint throughout, a fenced backyard, painted cabinets and security doors.

  James Wachob Foundation Property Management

  4857 Shayne Ln, Memphis, TN 38109
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  /8

  $109,000

  • 3 Beds
  • 2 Baths
  • 800+ Sq Ft

  2115 Howell Ave, Memphis, TN 38108

  Fully renovated property with instant cashflow! Property is leased through 3/14/2027 with $950/ month rent. Professionally and locally managed! Ask your favorite realtor for the scope of work today! No showings without an accepted offer.

  James Wachob Foundation Property Management

  2115 Howell Ave, Memphis, TN 38108
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  /35

  $120,000

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

  3726 Mart Rd, Memphis, TN 38109

  4 bedroom, 2 bath house fully renovated in 2025 with upgraded plumbing, roof replaced in 2023, new windows replaced in 2025! This home has vinyl flooring for easy maintenance, no carpet in the home. Fresh Paint on the inside. The bathrooms have been completely redone. Home includes a mud room / laundry room at the back entrance where the large observation on the rear deck is overlooking the

  Donnie Morrow eXp Realty, LLC

  3726 Mart Rd, Memphis, TN 38109
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  /15

  $145,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  4672 Tutwiler Ave, Memphis, TN 38122

  Adorable 2br 1ba home in a great location. Home has gorgeous hardwoods throughout, 2 nice size bedrooms, formal dining room, and functional kitchen (all appliances stay including stackable washer/dryer. Out back theres a 20x24 covered deck, huge yard, and a 27x13 workshop. Come take a look.

  Danny Freeman Crye-Leike, Inc., REALTORS

  4672 Tutwiler Ave, Memphis, TN 38122
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  /23

  $120,000

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

  576 Monteagle Dr, Memphis, TN 38109

  Nice 3-bedroom home. Set appointment with Brokerbay.

  Cheryl Muhammad Assured Real Estate Services

  576 Monteagle Dr, Memphis, TN 38109
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  /6

  $140,000

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

  1659 Southern Ave, Memphis, TN 38114

  Investor Alert! This fully renovated duplex is a cash flow dream! Whether you're looking for a solid rental investment or a multi-generational living solution, this property checks all the boxes. Each unit boasts modern finishes, fresh flooring, updated kitchens, and stylish bathrooms. A brand-new privacy fence enhances curb appeal and security. Don’t miss this opportunity to own a beautifully

  Melody Freeman Kairos Realty

  1659 Southern Ave, Memphis, TN 38114
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  /25

  $120,000

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

  5257 Weaver Rd, Memphis, TN 38109

  Whether looking for rental property or looking for a nice spot to build a new house, this property could be the idea location w/approximately 1.5 acres. This spacious split plan modular home w/3 bedroom, 2 baths, living & dining room combination, great room, eat-in-kitchen and laundry room has a lot of potential. The rooms are large and with repairs, upgrades, new HVAC system - could make a great

  Tjuania Redmond Lawrence Johnson, REALTORS

  5257 Weaver Rd, Memphis, TN 38109
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  /21

  $114,900

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

  726 E Gage Ave, Memphis, TN 38106

  ***Just added New Privacy Fence around the property****This cute house just got a makeover! It has a new roof, so it’s all set for any weather. Inside, there are two bedrooms and one bathroom, all redone and looking great. The floors are new everywhere in the house, making it feel fresh. The kitchen has shiny new appliances, ready for you to use. It’s a great pick for first-time homebuyers or

  Samiha Alward Keller Williams

  726 E Gage Ave, Memphis, TN 38106
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  /10

  $108,900

  • 3 Beds
  • 1.5 Baths
  • 800+ Sq Ft

  160 Silverage Ave, Memphis, TN 38109

  "Fresh" Newly Renovated 3bd/1.5bth home in South Memphis Motivated Seller New Roof Tenant In Place With $1300 Voucher

  Reginald RL Pruitt Assured Real Estate Services

  160 Silverage Ave, Memphis, TN 38109
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  /14

  $179,900

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

  4809 Bridgedale Ave, Memphis, TN 38118

  This fully renovated home features over 1800 sq/ft, 3 spacious bedrooms, Large eat in kitchen, and a separate den & living room.

  Preston Williams Regency Realty, LLC

  4809 Bridgedale Ave, Memphis, TN 38118

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