Memphis, TN Homes under $200,000

• 

  

  

  /24

  $119,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  975 Norfleet Ave, Memphis, TN 38109

  Don't miss out on this 3 bedroom / 1 bath home just a short walk to Chickasaw Middle School. Very nice size fenced corner lot! Minutes from I-55 & downtown Memphis area. This property is perfect for investors and homeowners alike. This is being sold " as is / where is"

  Dawn Kinard Welch Realty, LLC

  975 Norfleet Ave, Memphis, TN 38109
• 

  

  

  /15

  $189,900

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

  1604 Wilson Rd, Memphis, TN 38116

  $5000 towards Buyers closing cost and pre pays Beautiful, remodeled home, 4-bedroom 2 bath in White Haven 38116.  Open floor plan combining family room, dining room and Kitchen. New roof, HVAC, Furnace, and windows. LVT and Tile flooring, modern doors and fixtures, Granite Counter tops throughout. Do not miss out on this beautiful home!

  Brett Bernard The Stamps Real Estate Company

  1604 Wilson Rd, Memphis, TN 38116
• 

  

  

  /35

  $118,000

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

  4004 Ridgedale St, Memphis, TN 38127

  Brick 3/1.5; CH/A; Double carport; Roof-2 yrs old; New windows; New bathroom and kitchen. Property is in good condition and requires very little; Property is vacant and will not require much to move in. Previously rented for $1500/ month. MAAR data is incorrect on sq. footage and bedrooms. Also available from same owner: 2782 Mojave, 2775 W. Hickory Bluff, 1065 Berclair. May be bought

  Lowell Brister Leco Realty, Inc.

  4004 Ridgedale St, Memphis, TN 38127
• 

  

  

  /12

  $195,000

  • 2 Beds
  • 2 Baths
  • 2,170 Sq Ft

  3709 Firethorne Dr, Memphis, TN 38115

  Great property for your investment portfolio or move into one side and keep renting out the other. Great curb appeal. Separate driveways for each side. Spacious backyard.

  John Quinn REMAX Experts

  3709 Firethorne Dr, Memphis, TN 38115
• 

  

  

  /10

  $159,000

  • 3 Beds
  • 2 Baths
  • 2,482 Sq Ft

  3191 Ashwood St, Memphis, TN 38118

  Great opportunity with this 6-bedroom, 4-bath duplex in the Parkway Village neighborhood. Each unit has over 1,000 square feet of living space with central heating and air conditioning. Secure a comfortable home with great total income potential of $2325+. Both sides currently rented.

  John Quinn REMAX Experts

  3191 Ashwood St, Memphis, TN 38118
• 

  /2

  $165,000

  • 3 Beds
  • 2 Baths
  • 1,695 Sq Ft

  4029 Saint Elmo Ave, Memphis, TN 38128

  Home selling as-is. Large home in super location priced to sell now. Must have commitment letter with all offers for a loan or proof of funds for cash offers.

  Malcolm Settles BEST Real Estate Company

  4029 Saint Elmo Ave, Memphis, TN 38128
• 

  

  /17

  $175,000

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

  873 N Mcneil St, Memphis, TN 38107

  Make an appointment to check out this wonderful, charming home in the historic Vollintine Evergeen district! The home features central heat and air, a renovated bathroom and kitchen, and a huge living room that has dining space as well. Other features are a nice backyard, screen-in front porch, wooden floors, smooth ceilings, and nice kitchen appliances. The location allows quick commuting to

  Graham Winchester Hobson, REALTORS

  873 N Mcneil St, Memphis, TN 38107
• 

  

  /3

  $109,000

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

  1622 Elvis Presley Blvd, Memphis, TN 38106

  This property is now vacant but was operating as a Cash Flowing Rooming House with 6 rooms rented out. Seller has made several updates to this home which has a newer HVAC, New Hot Water Heater, new interior paint and some new windows. Motivated seller will look at all offers including owner and creative financing. Call listing agent for more details and additional photos.

  Connie Davis Lawrence Johnson, REALTORS

  1622 Elvis Presley Blvd, Memphis, TN 38106
• 

  

  /18

  $100,000

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

  27 W Peebles Rd, Memphis, TN 38109

  Imagine the possibilities in this 4-bedroom, 2-bathroom home on a lovely corner lot. With a spacious full-sized basement equipped with washer/dryer connections, a large attic for storage, and updated flooring in some areas, this property offers the foundation for your vision. The recently installed water heater adds a practical touch. Sold as-is, this home is ready for someone with creativity and

  Kristen Bogard Crye-Leike, Inc., REALTORS

  27 W Peebles Rd, Memphis, TN 38109
• 

  

  /32

  $119,999

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

  232 S Highland St Unit 1005, Memphis, TN 38111

  Freshly painted, condo with smooth ceilings, new carpet, 2 bedroom, 2 bath spacious rooms in the heart of Memphis, close to shopping, restaurants & U of M. Gated parking, in ground pool, garden like well maintained commons areas, party room w/ kitchen, 24/7 security, and exercise room Condo has huge windows allowing natural light and views of lovely sunsets.

  Laurie McBride Connors Ware Jones, REALTORS

  232 S Highland St Unit 1005, Memphis, TN 38111
• 

  

  /25

  $199,900

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

  4507 Verne Rd, Memphis, TN 38117

  Hurry RARE Parkside Manor 1-Story in Colonial Acres w/Screened Patio (19x12). Vintage Screen Door off Patio leads to pass thru of Carport too! Charming 3BR/1BA New HVAC and Ductwork, Updated Kitchen, Some new energy efficient Windows, Mostly Original Hardwood, Gas Cooking, Den w/Built-in Shelving and Brand New Carpet, Living/Dining Rm Combo Separate Laundry/Office area. Custom Built Raised

  Samuel Sloane Home River

  4507 Verne Rd, Memphis, TN 38117
• 

  

  /12

  $105,000

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

  1753 Winston Dr, Memphis, TN 38127

  Great investment opportunity. Tenant occupied, cash flowing and professionally managed rental property available. Currently rented for $975/mo with a $1005 deposit on file. Lease expires 9/30/25. Do not approach or disturb tenant. No showings without an accepted offer. No wholesale, assignment, creative finance or seller finance. Seller also selling: 3110 Aden, 3243 13 Colony #2B, 2705 McMurray,

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1753 Winston Dr, Memphis, TN 38127
• 

  

  /20

  $149,900

  • 3 Beds
  • 3 Baths
  • 1,602 Sq Ft

  334 W Fay Ave, Memphis, TN 38109

  Totally renovated, 3br, 3 full ba home with tons of upgrades. New plumbering throughout, new electric wiring throughout, new windows, except lv rm and dn rm. New flooring in kit, hallway and living area in guest house. New cabinets, countertops, doors, blinds, vanities, and ceiling fans, and light fixtures. Also marble tile in the baths. The roof is only 2yrs old, The heat and AC units are new.

  Leroy Watkins Crye-Leike, Inc., REALTORS

  334 W Fay Ave, Memphis, TN 38109
• 

  

  /9

  $169,900

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

  6568 Pine Top Cir S, Memphis, TN 38141

  Fantastic investment opportunity in the Shelby area. This 3br/2 bath single-family home is in the 38141 area. Cash flowing with a monthly rental amount of $1,450/month. The lease ends on 4/16/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  6568 Pine Top Cir S, Memphis, TN 38141
• 

  

  /15

  $179,000

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

  1413 Court Ave, Memphis, TN 38104

  If you're in search of a project or investment property with great potential, this is the one for you! Located just minutes from the Medical District and less than a mile from Midtown, this home sits on a desirable corner lot. With a recent -new roof and siding already in place, this property is ready for its finishing touches. Endless possibilities await, whether you're envisioning an office

  Allen Nason Keller Williams

  1413 Court Ave, Memphis, TN 38104
• 

  

  /16

  $118,000

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

  303 Fields Ave, Memphis, TN 38109

  Completely renovated property with all new major systems. Home features a spacious master suite with full bathroom, great family and dining area potential spaces, and large backyard to entertain. Great for first time homebuyer or investor!

  Victoria Young Robinson TRG Real Estate Services, LLC

  303 Fields Ave, Memphis, TN 38109
• 

  

  /12

  $118,000

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

  1545 Oakwood St, Memphis, TN 38108

  Investors!! Looking for that perfect turnkey rental? Complete remodel down to the studs in 2018! New Roof and Windows, all new plumbing and electrical, new HVAC and water heater. All new flooring and brand new updated kitchen and baths. Currently rented for $1000 a month Section 8/MHA. Drive by only, do not disturb tenant. Perfect opportunity to add a turnkey, cash flowing property to your

  Mark Wilson Coldwell Banker Collins-Maury

  1545 Oakwood St, Memphis, TN 38108
• 

  

  /38

  $184,900

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

  1906 Pennel Rd, Memphis, TN 38116

  Unique California Style Contemporary brick hse in Whitehaven w/3 bedroom, 2 baths, den w/cathedral type ceiling, big living/dining rm, kit w/island & sink separate the cooking area, 2 car garage, updated baths & more. While eating, enjoy dusk to dawn outdoor lighting. Seller will entertain reasonable offers & leave all appliances. Lawrence Johnson Realtors hold earnest money. No Wholesale or

  Tjuania Redmond Lawrence Johnson, REALTORS

  1906 Pennel Rd, Memphis, TN 38116
• 

  

  /14

  $110,000

  • 1 Bath
  • 100+ Sq Ft

  109 N Main St Unit 708, Memphis, TN 38103

  You ready to live the downtown life or have a crash pad for the weekends and special events? Look no further than this Condo in the heart of downtown Memphis. Hardwood wood floors, updated lighting, fresh paint, storm windows, stainless appliances all in top shape! Close proximity to the river, U of M Law School, FedEx Forum, wonderful restaurants, new Art Museum, the Orpheum and more. Secure

  Scott Thurmer Emmett Baird Realty, LLC

  109 N Main St Unit 708, Memphis, TN 38103
• 

  

  /5

  $115,000

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

  4205 Fizer Ave, Memphis, TN 38111

  Investors only! Tenant occupied property that could be a great addition to your rental/investment portfolio. Home has additional parking pad (for additional cars), hardwood floors, and a nice floorplan. Nice tenant who would like to continue to stay. Currently rented at$875 and tenant is MTM. Property is professionally managed (lease, ledger, and work order history available upon request). ONLINE

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4205 Fizer Ave, Memphis, TN 38111
• 

  

  /6

  $109,900

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

  1253 Dogwood Dr, Memphis, TN 38111

  Investors only! Tenant occupied property that could be a great addition to your rental/investment portfolio. Home has 3 bedrooms,, covered parking, and on a corner lot with large laundry area. Rented at $875, tenant is MTM. Property is professionally managed (lease, ledger, and work order history available upon request). ONLINE VIDEO AVAILABLE UPON REQUEST. Seller has multiple properties for sale

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1253 Dogwood Dr, Memphis, TN 38111
• 

  

  /24

  $125,000

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

  3699 Skylark Dr, Memphis, TN 38109

  4BR/2BA Home qualifies for 100% financing UP TO A $4,00 GRANT FOR DOWN PAYMENT AND CLOSING COSTS. W/APRVD LNDR and qualified buyer. SEE AGENT FOR MORE INFORMATION. 2 BEDS DOWN 2 BEDS UP Great opportunity for first time home buyers. This 4-bed-2 bath offers plenty of space.. ONE BATH UP AND ONE BATH DOWN. Located in an established neighborhood. The home sits on a good-sized lot with a backyard

  Tony Lavelle BHHS McLemore & Co. Realty

  3699 Skylark Dr, Memphis, TN 38109
• 

  

  /12

  $199,900

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

  929 N Watkins St, Memphis, TN 38107

  Charming Historic Home with Rental & Airbnb Potential! Priced to Sell!! 3BR/2BA home in Historic Vollintine-Evergreen! Featuring original hardwood floors, elegant archways, and lots of natural light, ideal for families, young professionals, or investors, it offers strong rental/Airbnb potential. Will need some touch ups but provides opportunity to add your personal style. Can come partially

  Keilon Morton Harris Realty Services

  929 N Watkins St, Memphis, TN 38107
• 

  

  /17

  $180,000

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

  4260 Balboa Cir Unit 26B, Memphis, TN 38116

  This condo is being totally renovated. Will be like new Completed gutted from a fire damage and totally rebuild. You may even have the opportunity to make some selections. This home will feature 3 bdrms & 2.5 bathrooms..a 2 car gargage. It's in a great location...minutes the expressways and Fedex. This home should be completed by the end of April. Just in time for grant money. Call me for

  Francyetta Seward C21 Patterson & Assoc. Real Es

  4260 Balboa Cir Unit 26B, Memphis, TN 38116
• 

  

  /21

  $199,900

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

  946 Lee Ave, Memphis, TN 38107

  Welcome to your next home, It has been totally renovated grom top to bottom. Its just waiting on you its next owner. It has a large living room dining room combo brand new kitchen appliances and the laundry room is located right next to the kitchen. New tile throughout granite countertops range hood over the oven

  Lee Williams Crye-Leike, Inc., REALTORS

  946 Lee Ave, Memphis, TN 38107
• 

  

  /12

  $175,000

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

  5975 Whisper Valley Dr, Memphis, TN 38141

  This home is a 3 Bedroom, 2 Bath with hardwood floors and tile throughout, Vaulted ceilings, Separate Living Room and Dining area, Updated kitchen, Newly painted interior, Fireplace, and Spacious backyard with outdoor grill. Open-concept ready for your own creative design. Starter Home or Great investment opportunity!

  Lisa Madison KAIZEN Realty, LLC

  5975 Whisper Valley Dr, Memphis, TN 38141
• 

  

  /12

  $109,500

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  3812 Rhodes Ave, Memphis, TN 38111

  CLEAN AND COZY, SINGLE FAMILY HOME HAS BEEN UPGRADED WITH NEW PAINT, NEW BEDROOM CARPET, AND ALL-NEW FIXTURES IN THE KITCHEN AND BATHROOM. HOME ALSO FEATURES FENCED BACK YARD, CENTRAL AIR/HEAT, AND SECURITY SYSTEM. CALL LISTING AGENT FOR MORE INFORMATION, OR TO SCHEDULE A SHOWING APPOINTMENT.

  Sandra J Karns River City Real Estate

  3812 Rhodes Ave, Memphis, TN 38111
• 

  

  /31

  $169,000

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

  3235 Chisca Ave, Memphis, TN 38111

  PRICE REDUCED! Gorgeous, fully renovated in 2022, home blending modern style & timeless charm near UofM Campus! This home stuns with a dark blue exterior, lush landscaping & a new roof. A long driveway leads to a detached 1-car carport with storage room & Ring camera. The large fenced backyard with a patio is perfect for outdoor fun. Step inside from the covered porch to a bright living & dining

  Josie Robinson Crye-Leike, Inc., REALTORS

  3235 Chisca Ave, Memphis, TN 38111
• 

  /2

  $105,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  621 Orchard Ave, Memphis, TN 38127

  Section 8 turnkey cash flowing rental. Current Section Tenant's Two Bedroom Voucher Pays $1106 Monthly Rent. That is 1.22% Rent to Price Ratio Using the One Percent Rule Scale! New 30 year dimensional roof, fresh interior and exterior paint. New central heating and air conditioning, new water heater. New LVP flooring, new kitchen cabinets & countertops. Updated bathroom with new ceramic tile,

  Melody Jaramillo Realty International, Inc.

  621 Orchard Ave, Memphis, TN 38127
• 

  

  /25

  $139,900

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

  5841 Park Ave Unit 1, Memphis, TN 38119

  Beautiful two story END unit in a gated East Memphis community. Centrally located only minutes from great restaurants, shopping and easy access to Poplar and 240. Relax in the rear fenced in patio or take a stroll in the green space around the outside. Spacious updated kitchen with granite counter tops, tile floors and recessed lights. Large living room with half bath downstairs. Upstairs is

  Donna Ellett Weichert, REALTORS-BenchMark

  5841 Park Ave Unit 1, Memphis, TN 38119
• 

  

  /3

  $180,000

  • 3 Beds
  • 1 Bath
  • 1,051 Sq Ft

  4253 Westover Ave, Memphis, TN 38108

  Welcome to 4253 Westover Ave, Memphis, TN 38108 a fantastic opportunity to own a well-maintained 3-bedroom, 1-bathroom home in a convenient location. Whether you are looking for a primary residence or an investment property, this home has plenty to offer. Currently Tenant Occupied, home will be vacant before closing. Offer Acceptance Required prior to viewing. Buyers final decision to be made

  Cecilia Fernandez The Home Partners Realty

  4253 Westover Ave, Memphis, TN 38108
• 

  

  /25

  $180,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  3786 Tutwiler Ave, Memphis, TN 38122

  Completely renovated from top to bottom! This stunning home features all-new plumbing, electrical, flooring, ceilings, paint, roof, and HVAC—offering modern comfort and peace of mind. Currently operating as a successful short-term rental, the property grossed $30,835 in 2024, averaging $2,569 per month. Whether you're looking for a turnkey investment or a beautifully updated home, this one is a

  LaKendrea Hall Epique Realty

  3786 Tutwiler Ave, Memphis, TN 38122
• 

  

  /15

  $185,000

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

  2856 Allen Rd, Memphis, TN 38128

  $3,500 TOWARDS BUYERS CLOSING COSTS PAID BY SELLER. Quiet street in Raleigh across from Scenic Hills. Home has been fully renovated to include new roof, new paint throughout, new cabinetry, new LVT flooring throughout, new bathroom, new HVAC and lighting throughout. Good sized master bedroom. Oversized laundry room. All rooms feature new ceiling fans with lights. 2 car carport. Large covered

  Terry White Advantage Property Management

  2856 Allen Rd, Memphis, TN 38128
• 

  

  /18

  $179,900

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

  3749 Douglass Ave, Memphis, TN 38111

  This beautifully designed 4-bedroom, 2-bathroom residence features a spacious split floor plan, perfect for both entertaining and everyday living. Step inside to discover an inviting open layout that seamlessly connects the living room, kitchen, and dining areas, enhancing the sense of space and flow with gorgeous hardwood floors. New carpet in all four bedrooms. Natural light floods the

  Crystal Mitchell Renshaw Company, REALTORS

  3749 Douglass Ave, Memphis, TN 38111
• 

  

  /18

  $164,900

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

  670 Shotwell St, Memphis, TN 38111

  Adorable 3 br/1ba home on corner lot walking distance to UofM. Hardwood floors throughout the entire home. Fresh paint throughout the entire home. Large living room and dining room. Close to many amenities such as Audubon Park, Memphis Botanic Gardens, and Dixon Museum & Gardens. Fenced in parking in back of home.

  Crystal Mitchell Renshaw Company, REALTORS

  670 Shotwell St, Memphis, TN 38111
• 

  /2

  $118,000

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

  5240 Bitter Creek Dr, Memphis, TN 38127

  Home was rehabbed in 2022. Tenant in place. Don't disturb tenant or approach. Three-bedroom home, one bathroom. Large corner lot, fenced property. Rent can be raised, under market value of $1050.00 a month. Rent hasn't been raised.

  Andre Pruitt TRG Real Estate Services, LLC

  5240 Bitter Creek Dr, Memphis, TN 38127
• 

  

  /18

  $116,500

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4900 Berta Rd, Memphis, TN 38109

  Charming 3-Bedroom Home in Whitehaven This cozy 3-bedroom, 1-bathroom home is the perfect starter for any family! Featuring fresh exterior paint, it’s ready to move in and make your own. Inside, you’ll find brand-new cabinets, updated fixtures, and ceiling fans throughout to keep things comfortable. The home boasts modern flooring and a spacious, fenced yard, ideal for family outdoor

  Crystell Harris Harris & Harris Realty Group

  4900 Berta Rd, Memphis, TN 38109
• 

  

  /4

  $135,000

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

  1056 Walk Rd, Memphis, TN 38109

  Attention Investors. Great Cashflow property located at 1056 Walk Rd., rehabbed in January 2024. Located in a strong rental market. The property offers consistent subsidized income at $1,300 per month. The property is Professionally managed with a long term tenant. Tours will be provided with an accepted offer contingent on inspection.

  Tony Lavelle BHHS McLemore & Co. Realty

  1056 Walk Rd, Memphis, TN 38109
• 

  

  /17

  $163,000

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

  764 Garland St, Memphis, TN 38107

  Move-in ready! This charming 3-bedroom, 1.5-bathroom home is a turnkey property featuring modern updates and a functional layout. Perfect for comfortable living with no work needed—just unpack and enjoy!

  Caleb Hall Keller Williams

  764 Garland St, Memphis, TN 38107
• 

  /2

  $100,000

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

  1007 S Willett St, Memphis, TN 38114

  Investment opportunity with this 6 bedroom, 3 bath home in Midtown. Built in 1902! Home will be sold in as-is condition.

  Donnie Morrow eXp Realty, LLC

  1007 S Willett St, Memphis, TN 38114

Showing Results 361 - 400, Page 10 of 18