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Memphis, TN Homes under $200,000

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  • /23

    $179,900

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

    6005 Tiffany Rd, Memphis, TN 38134

    Tenant-occupied 3 bed, 2 bath home with a charming stone and wood exterior. Inside, your tenant will enjoy a spacious great room with soaring ceilings and a striking stone fireplace. The home features low-maintenance vinyl plank flooring in living areas, tile in the kitchen, baths, and laundry, and cozy carpet in the bedrooms. The fenced backyard offers space for entertaining friends and family.

    Camela Henke Enterprise, REALTORS

    6005 Tiffany Rd, Memphis, TN 38134
  • /15

    $125,000

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft

    1456 N Hollywood St, Memphis, TN 38108

    ADORABLE BUNGALOW, completely renovated in 2022. 2 bedroom with a bonus space. 2022 Renovation includes: New roof, new kitchen, new bathroom, new central HVAC system, beautiful new flooring, new lighting, new wood privacy fence with room to park in the fenced area, new windows and Security doors. Fantastic addition to your investment portfolio or excellent home for a buyer. Make an appointment to

    LaJuana Miller KAIZEN Realty, LLC

    1456 N Hollywood St, Memphis, TN 38108
  • /14

    $169,900

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

    1062 N Parkway, Memphis, TN 38105

    Fully renovated and full of charm! This 3 bed, 1 bath home sits just minutes from Crosstown Concourse, giving you easy access to all the best parts of Midtown. The kitchen has been completely redone including granite countertops, brand new cabinets, and new floor tile. The bathroom’s been fully updated as well with all new vanities, shower tile, light fixtures and more. You'll find beautiful,

    Joshua Moss KAIZEN Realty, LLC

    1062 N Parkway, Memphis, TN 38105
  • /8

    $120,000

    • 4 Beds
    • 1 Bath
    • 800+ Sq Ft

    4005 Sewanee Rd, Memphis, TN 38109

    This four-bedroom home offers original hardwood floor throughout the main living areas. This home has a traditional and comfortable living space. The home features an updated bathroom and kitchen. Large fenced-in yard, providing a secure and private space perfect for outdoor enjoyment or letting pets roam freely. Large Garage and exterior storage shed in the back yard.

    DonAngela Johnson Crye-Leike, Inc., REALTORS

    4005 Sewanee Rd, Memphis, TN 38109
  • /10

    $118,500

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

    1274 Railton Rd, Memphis, TN 38111

    Lease Purchase with Option to Buy, Price Improvement. Excellent starter home or investment property. Property to be SOLD AS IS NO REPAIRS. This two-bedroom bath offers a formal living and dining combination, an eat-in kitchen, and a large den that could be converted into a primary bedroom and bath. Updates, interior painted, new carpet, and new kitchen cabinets in 2022.

    Patricia Didlake Didlake Realty Group, LLC

    1274 Railton Rd, Memphis, TN 38111
  • /13

    $124,900

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

    3115 S Wesley Ct, Memphis, TN 38119

    Great investment opportunity. Long term tenant occupied. This home is being marketed to investors. One Level Townhome in East Memphis on the edge of G'town. Newer roof, cove, large yard. Tenant occupied, do not disturb. Viewing with acceptable contract only. Seller prefers as is sale.

    Violetta Couture Crye-Leike, Inc., REALTORS

    3115 S Wesley Ct, Memphis, TN 38119
  • /11

    $184,000

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

    6989 Cherry Blossom Dr, Memphis, TN 38133

    Three-bedroom, two-bathroom home that needs some TLC, featuring a versatile den that could be converted into a fourth bedroom. The property includes a one-car garage and a spacious, fenced-in backyard—ideal for outdoor living. Located in a quiet cul-de-sac, it offers added privacy and a serene setting.

    Robert Salmons Entera Realty

    6989 Cherry Blossom Dr, Memphis, TN 38133
  • /10

    $184,000

    • 5 Beds
    • 3.5 Baths
    • 2,200+ Sq Ft

    4915 Foxhall Cove, Memphis, TN 38118

    Five-bedroom, 3.5-bathroom fixer-upper located on a quiet cul-de-sac. This spacious home offers a large floorplan, ideal for those looking to transform it into a flip project or investment property. With plenty of potential, this is a great opportunity for the right buyer.

    Robert Salmons Entera Realty

    4915 Foxhall Cove, Memphis, TN 38118
  • /37

    $124,500

    • 1 Bed
    • 1 Bath
    • 1,000+ Sq Ft

    475 N Highland St Unit 3H, Memphis, TN 38122

    One of the best high rise condos! Secure parking, 24 hour guard & loads of amenities. Lovely pool with covered patio & grilling area overlooking Chickasaw Golf course. Nice workout facilities. party room with kitchen. This one has been completely renovated and updated! Lovely kitchen and bath. Wood floors. Fireplace & shutters! Storage space in basement. 2 guest suites available for rent. Call

    Deborah Mays Hobson, REALTORS

    475 N Highland St Unit 3H, Memphis, TN 38122
  • /7

    $123,999

    • 2 Beds
    • 1 Bath
    • 600+ Sq Ft

    2758 Smith Haven Dr, Memphis, TN 38114

    Step into this beautifully renovated home in the historic Bethel Grove neighborhood, updated in 2022 with a new roof, HVAC, flooring, and siding—move-in ready! Enjoy two spacious bedrooms and a full bath, all nestled on a generous lot that offers plenty of outdoor space with a shed in the back.

    Virgil Pryor Harris Realty Services

    2758 Smith Haven Dr, Memphis, TN 38114
  • /34

    $199,000

    • 1 Bed
    • 1 Bath
    • 800+ Sq Ft

    3277 Spottswood Ave, Memphis, TN 38111

    Charming and cozy 1-bedroom, 1-bathroom one-story cottage tucked away at the rear of the lot for added privacy. This well-kept home features a warm living area with a fireplace and an inviting layout. The spacious front yard is ideal for gardening and outdoor relaxation, offering ample sunlight and ample room to grow. A long driveway provides ample off-street parking, and the fully fenced yard

    LaKendrea Hall Epique Realty

    3277 Spottswood Ave, Memphis, TN 38111
  • /4

    $134,000

    • Land
    • 2.10 Acres
    • $63,810 per Acre

    4501 S 3rd St, Memphis, TN 38109

    Over 2 acres available in a prime commercial location. This is the perfect location to build your new commercial building. Perfect for an existing or future business!

    Jeff Goff Keller Williams

    4501 S 3rd St, Memphis, TN 38109
  • /9

    $125,500

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

    494 E Raines Rd, Memphis, TN 38109

    Investor Special in Whitehaven for sale! Home recently updated with new flooring, lighting and paint. New HVAC in 2024 and new roof! With our renovations, this will reduce overall maintenance on the home! Home is professionally managed and currently occupied on a two-year lease at $1025 in year one and $1075 in year 2! Lease ends May 2027. Call listing agent for details. Do not disturb

    Andrew Akins CB Properties of Memphis, LLC

    494 E Raines Rd, Memphis, TN 38109
  • /13

    $139,500

    • 3 Beds
    • 1 Bath

    1048 Avon Rd, Memphis, TN 38122

    New Price Improvement!! One of Berclair's Nice Dwellings! ESTATE SALE!! "AS IS" freshly painted inside. Traditional Aluminum/Vinyl Siding, Living Room, Dining Room, Den, 3 Bedrooms, 1 Bath, Entry Hall w/Pantry, Central Heat. Features, Fenced backyard & Storage building. Look No Further This is the ONE. NO BLIND OFFERS - NON ASSIGNABILITY per SELLLER. Thanks

    Eddie Parker Crye-Leike, Inc., REALTORS

    1048 Avon Rd, Memphis, TN 38122
  • /17

    $130,000

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

    5422 Gatehouse Dr Unit 5422, Memphis, TN 38134

    Spacious 2-level condo featuring 3 bedrooms and 2.5 bathrooms (including a renovated primary bath tub). The bedrooms are located on the second level, while the kitchen, half bath, living room, washer hookup, and dining room are downstairs. All kitchen appliances are included (except the microwave), and the unit comes with a decent-sized patio area with a storage closet. Located in the highly

    Miltha Martinez eXp Realty, LLC

    5422 Gatehouse Dr Unit 5422, Memphis, TN 38134
  • /10

    $195,000

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

    4585 S Berrypick Ln, Memphis, TN 38141

    Very Nice starter Home or Rental.3 Bedrooms, 2 Baths, Kitchen with eat-in area. There is a small fenced in Backyard plus a huge detached garage/Workshop. House is neat and clean and is in good shape.

    Billy Price Crye-Leike, Inc., REALTORS

    4585 S Berrypick Ln, Memphis, TN 38141
  • /17

    $129,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    2427 Vandale Ave, Memphis, TN 38108

    Fully renovated 3 BR/1BA home in Memphis! Features include quartz countertops in the kitchen, a luxury spa-like bathroom, and a new flooring throughout- no carpet, brand new windows. Enjoy peace of mind with a brand new roof and HVAC system. The backyard is fully enclosed with a new wood privacy fence and a gated iron fence for private parking. Move-in ready and perfect for modern living. Don't

    Flor Bernal Crye-Leike, Inc., REALTORS

    2427 Vandale Ave, Memphis, TN 38108
  • /10

    $150,000

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

    1761 S Perkins Rd, Memphis, TN 38117

    Newly Renovated Property! Great opportunity for an investor or homebuyer! The property is currently unoccupied and readily available for viewing. This property is currently being professionally managed by Reedy and Company. Whether you're an owner-occupant or investor, this opportunity is open to you. No wholesale or creative financing offers.

    Mark Hart Reedy & Company, REALTORS

    1761 S Perkins Rd, Memphis, TN 38117
  • /19

    $180,000

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

    3860 Capricorn Cove, Memphis, TN 38128

    Relax on the Front Porch that stretches across the front of this Lovely renovated 3 Bedroom 2 Bath home! Very open floor plan has a super spacious Great Room. Move-In ready with Gleaming hardwood Floors, Renovated bathrooms, and Fresh Paint. Everything has been done, all you have to do is move in. Or it would make a super investment property. Located on a level, corner lot. Very easy to care

    Pat Goldstein Crye-Leike, Inc., REALTORS

    3860 Capricorn Cove, Memphis, TN 38128
  • /8

    $112,900

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

    4221 Argonne St, Memphis, TN 38127

    Investor special! This three-bedroom, two-bathroom home sits in a quiet Frayser neighborhood on a spacious corner lot , offered at a discounted price point making it a prime investment opportunity for portfolio expansion. Featuring solid construction and a large yard, this property offers long-term rental potential in an established community. Listed at a discounted rate, it’s priced to sell as

    Oksana Piven BEST Real Estate Company

    4221 Argonne St, Memphis, TN 38127
  • /9

    $139,900

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

    1021 Chelsea Ave, Memphis, TN 38107

    4 Bedroom Rooming house, owner modified rooms to 8 + extra attic area. Running for several years, presently mostly occupied. Fully furnished and equipped. Ideal for investor seeking higher than normal returns. Add this to your investment portfolio to diversify from the typical rentals!

    Jonathan Minerick homecoin.com

    1021 Chelsea Ave, Memphis, TN 38107
  • /28

    $184,900

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft

    41 N Bingham St, Memphis, TN 38112

    *** 2,500 in concessions towards buyers closing cost*** Beautifully updated 2-bedroom home with basement featuring new HVAC, updated plumbing, and granite countertops. Enjoy modern touches like LED lighting, luxury vinyl floors, new windows, and new siding. The large fenced backyard offers privacy, a storage shed, and plenty of space for outdoor living. Located in a great, convenient area, this

    Tony Payne Keller Williams

    41 N Bingham St, Memphis, TN 38112
  • /27

    $145,500

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

    3314 Frayser View Dr, Memphis, TN 38127

    NEW TENANT MOVING IN AT $1342 per month! Great Turn Key Investment Owner provides 1 year warranty that covers everything. Something other turn key properties aren't offering. Home has been tastefully and completely remodeled. Will provide great returns for years to come. Add this to your portfolio today!

    Alissa Anderson KAIZEN Realty, LLC

    3314 Frayser View Dr, Memphis, TN 38127
  • /12

    $125,000

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

    179 Appleton Ave, Memphis, TN 38109

    Charming 3 bedroom, 1 bath affordable starter home. Perfect for investors or buyers looking to customize and add value. Property is being sold AS IS. Don't miss this great opportunity! Call your REALTOR TODAY!!!

    Lisa Davis Rezults Realty LLC

    179 Appleton Ave, Memphis, TN 38109
  • /5

    $114,900

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

    1690 Berkshire Ave, Memphis, TN 38108

    INVESTORS ONLY! Great investment opportunity. Tenant occupied and professionally managed home for sale. Could be a great addition to your rental portfolio. Currently rented for $875/mo. Lease expires 6/30/26. ONLINE VIDEO AVAILABLE UPON REQUEST. Roof looks good, exterior is low maintenance siding. Long term tenant who loves living there and wants to stay. Home has central heat and window

    Tyler Tapley Crye-Leike, Inc., REALTORS

    1690 Berkshire Ave, Memphis, TN 38108
  • /13

    $200,000

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

    3094 Park Ave, Memphis, TN 38111

    This home is like new inside. It has new laminated floors, freshly painted throughout, new kitchen cabinets, everything new in bathroom, new heating and air systems, new windows and wrought iron doors. A new wood fence is being erected around the huge back yard. This property is zoned commercial, but can and is being used as residential as confirmed by the Memphis & Shelby County Code

    Joe Payne The Peyton Co., Inc., REALTORS

    3094 Park Ave, Memphis, TN 38111
  • /19

    $148,000

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

    468 Braycliff Ave, Memphis, TN 38109

    Delightful 3-bedroom, 2-bath home offering comfort, functionality, and plenty of potential. Inside, you’ll find a living room perfect for relaxing, a versatile den ideal for a home office or guest space, and a practical kitchen ready for your personal touch. Step outside to a generously sized yard with room for gardening, play, or outdoor gatherings. Priced to sell and being sold as is, this

    Shavona Davis United Real Estate Mid South

    468 Braycliff Ave, Memphis, TN 38109
  • /20

    $150,000

    • 3 Beds
    • 2 Baths
    • 800+ Sq Ft

    3215 Given Ave, Memphis, TN 38112

    This fully renovated bungalow is move-in ready and full of charm! With 3 bedrooms and now 2 full baths—including a brand-new full bath in the private primary suite—this home has been beautifully updated from top to bottom. It features new vinyl wood flooring in the main living areas and bedrooms, fresh tile in both updated bathrooms, and a fully remodeled kitchen. Updates also include a new

    Mario Jaramillo REMAX Experts

    3215 Given Ave, Memphis, TN 38112
  • /21

    $125,000

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft

    585 E Parkway S Unit 5, Memphis, TN 38104

    Outstanding opportunity to get into the midtown market at unreal price! Quiet, hidden property on Harbert, off E Parkway. Rarely available to purchase. 2bd/1bath with patio and parking. Ideal rental. Perfect for students at CBU, UM, UT. Walk to restaurants/entertainment. So much to love! Must see. HOA$200 This will not go conventional or FHA. Leaders Credit Union, Kelly Jones, can do a special

    Alex Turner Hobson, REALTORS

    585 E Parkway S Unit 5, Memphis, TN 38104
  • /7

    $160,000

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

    1737 Warner Ave, Memphis, TN 38127

    Only 2 years old! Open plan with 3 Bedrooms, 2 Full Bathrooms, a separate laundry room with cabinets, smooth ceilings, a kitchen with a full compliment of appliances, vinyl plank flooring, energy efficient windows, LED light fixtures, a covered front porch and more in an establish neighborhood!

    Terry Thomas Burch Realty Group

    1737 Warner Ave, Memphis, TN 38127
  • /19

    $119,000

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

    4772 James Kent Ct, Memphis, TN 38118

    SELLER FINANCING AVAILABLE! INVESTOR SPECIAL! DON'T MISS THIS OPPORTUNITY! The house can accomodate two tenants to be divided into 2 units with separate private entrances, separate bathrooms, and separate kitchens for an estimated $1,800 total or more in rent. $1,800 in rent would translate to a 12.3% minimum return annually. Property is currently rented to one tenant for $1,000 with a consistent

    Austin Hall Evernest Too, LLC

    4772 James Kent Ct, Memphis, TN 38118
  • /24

    $135,000

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

    5432 Burton Church Cove Unit 31B, Memphis, TN 38134

    Welcome home to this beautifully updated 3-bedroom, 2.5-bath condo nestled in the heart of Bartlett. Step inside to find fresh new flooring throughout, complemented by modern countertops and a fresh coat of paint that brightens every room. The bathrooms have been tastefully renovated with tile flooring and updated fixtures, offering both style and comfort. Light fixtures have also been upgraded

    Ronald Sandefer Emmett Baird Realty, LLC

    5432 Burton Church Cove Unit 31B, Memphis, TN 38134
  • /9

    $139,900

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

    1069 Mosby Rd, Memphis, TN 38116

    Nice starter home perfect for a small family 3 bedrooms, 2 full baths, freshly painted.

    Maxine Conner BEST Real Estate Company

    1069 Mosby Rd, Memphis, TN 38116
  • /11

    $148,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    3807 Glenburee St, Memphis, TN 38109

    NEWLY RENOVATED! This home features new flooring thru-out, new kitchen counter tops & cabinets, vent a hood, huge fenced backyard and etc.. This beautiful home is cheaper than rent and will be perfect for a first time homebuyer or perfect for an investor that wants to add to their portfolio. Tenant occupied. Currently paying $1250/mth. Lease ends August 31, 2025.

    Raquel Curry KAIZEN Realty, LLC

    3807 Glenburee St, Memphis, TN 38109
  • /12

    $133,500

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft

    4864 Bowen Ave, Memphis, TN 38122

    Looking for a cute house to make your own or one to add to your investment portfolio ? this one has great bones, original hard wood flooring, tile kitchen and bath, nice fenced rear yard. selling "as is" seller is firm on price. Don't let this little gem get away ! call to day for a showing !

    Cari Dawson Hometown Realty

    4864 Bowen Ave, Memphis, TN 38122
  • /36

    $179,000

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

    1906 Vollintine Ave, Memphis, TN 38107

    Oh my goodness, what a great house this is!!! Looking for a classic Midtown home with the vintage flair intact, but everything important is new? Like a new roof, gutters, electrical, plumbing, HVAC, windows, kitchen, appliances & bath? How about a gorgeous vintage fireplace mantle, exposed brick, sconces, some vintage light fixtures, and gorgeous refinished hardwoods and moldings? This two

    Paige Arnold Crye-Leike, Inc., REALTORS

    1906 Vollintine Ave, Memphis, TN 38107
  • /9

    $169,500

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

    4947 Demeter Cove, Memphis, TN 38118

    MULTIPLE PROPERTY PORTFOLIO CAN ONLY BE BOUGHT IN BULK, TOTAL PRICE IS 439.5K Four investment properties available. Seller is seeking bulk offers. Investors only! 3218 Thirteen Colony Mall #1A -- 3 beds, 2.1 baths, currently rented at $895, lease expires 7/30/2026 recent repairs, in good condition, hoa is $225/mo. 1936 Frisco -- 3 beds, 1 bath, new roof and hvac in 2021, currently rented for

    Tyler Tapley Crye-Leike, Inc., REALTORS

    4947 Demeter Cove, Memphis, TN 38118
  • /27

    $120,000

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

    858 Eyers Rd, Memphis, TN 38109

    RECENTLY REHABBED & READY TO GO! Painted brick home with 3 bedrooms and 2 bathrooms that is tenant occupied. This is a turnkey investment sale that is currently rented at $850. Professionally managed property (lease, ledger, work order and payment history available upon request). ONLINE VIDEO AVAILABLE UPON REQUEST. Nice floor plan with large kitchen and den plus huge primary bathroom. Seller

    Tyler Tapley Crye-Leike, Inc., REALTORS

    858 Eyers Rd, Memphis, TN 38109
  • /5

    $160,000

    • Land
    • 4.41 Acres
    • $36,281 per Acre

    0 Mullins Station Rd, Memphis, TN 38134

    AMAZING Opportunity for a Developer! Lot 19 is 2.56 Acres and Lot 20 is 1.85 Acres Totaling 4.41 Acres. Lot 19 Parcel ID:089051 00149 and Lot 20 Parcel ID:089051 00155 are being sold together. Small storage area with a roof is on the property.

    Melissa Blume Thompson eXp Realty

    0 Mullins Station Rd, Memphis, TN 38134
  • /2

    $100,000

    • 3 Beds
    • 1 Bath
    • 800+ Sq Ft

    3889 Danny Ave, Memphis, TN 38111

    Investor Special! Enjoy instant cash flow from day one with minimal management required. Recent updates ensure low maintenance, and the property sits on a quiet street with strong rental demand. Please do not disturb tenants. Showings available with accepted offer.

    Courtney Clark Keller Williams

    3889 Danny Ave, Memphis, TN 38111

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