Memphis, TN Homes for Sale under $200,000

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  /15

  $129,900

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

  5245 Villa Del Rey Dr, Memphis, TN 38116

  Fantastic home and ready for a new family! Tile/carpet and hardwood throughout with fresh paint. Neutral colors and a blank palette, ready for your own personal touches. Shaded, fenced backyard, low maintenance!! Easy to show and easy to view! Let's make this your new home today!

  Ryan Woolbright Premier Realty Group, LLC

  5245 Villa Del Rey Dr, Memphis, TN 38116
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  /39

  $164,000

  • 1 Bed
  • 1 Bath
  • 600+ Sq Ft

  2195 Poplar Ave Unit 306, Memphis, TN 38104

  **Motivated Seller!!** Step into the heart of Midtown with this charming PET-FRIENDLY, 1-bedroom, 1-bath condo at 2195 Poplar Avenue. Just across from Overton Park, this home offers the perfect balance of city living and everyday comfort. Inside, you’ll find granite countertops, fresh carpet, and a thoughtful layout with multiple closets for extra storage. The convenience of an in-unit washer and

  Christy Palmer BHHS McLemore & Co., Realty

  2195 Poplar Ave Unit 306, Memphis, TN 38104
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  /9

  $140,000

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

  1992 Driftwood Ave, Memphis, TN 38127

  Great Investment Opportunity! This fully rehabbed 3-bedroom, 2-bath home is already tenant-occupied, making it an excellent turnkey investment. Property tours are available only with an accepted offer. Don’t miss out on this income-producing opportunity! Do not disturb tenant

  Erika Dean Agba Crye-Leike, Inc., REALTORS

  1992 Driftwood Ave, Memphis, TN 38127
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  /4

  $150,000

  • Land
  • 0.31 Acre
  • $483,871 per Acre

  4305 Haverhill Rd, Memphis, TN 38111

  Set on a generous ~103' x 140' (0.31 acre) homesite in one of East Memphis’ most established neighborhoods, this property offers the opportunity to design and build the residence you’ve always envisioned. The mature setting and enduring character of the community make this level lot an ideal canvas for your plans. Homesites of this quality and location are a rare find in East Memphis—an

  Kenneth Koleyni Renshaw Company, REALTORS

  4305 Haverhill Rd, Memphis, TN 38111
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  /22

  $134,950

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

  2763 Fizer Rd, Memphis, TN 38114

  REDUCED $10,000!! Large good looking home with 4 bedrooms and 2 full baths--2 bedrooms up and 2 bedrooms down. Living and dining room plus and eat in kitchen with an island! Central air and heat. Separate laundry room. Larger primary bedroom with a luxury bath and a walk in closet all on a HUGE lot! Big storage building with attached chicken coop! Priced to sell immediately! MOTIVATED SELLER!!!

  Jimmie Tapley Crye-Leike, Inc., REALTORS

  2763 Fizer Rd, Memphis, TN 38114
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  /13

  $169,900

  • 4 Beds
  • 2 Baths
  • 1,601 Sq Ft

  3113 Yale Ave, Memphis, TN 38112

  Exceptional Investment Opportunity in 38112! Just 3 minutes from the newly developed Tillman Cove Apartments and Lester Community Center, this updated duplex is ideally situated in the heart of the Binghampton Redevelopment District. Each unit features 2 bedrooms and 1 bathroom, with fresh paint and brand-new flooring throughout. Both units are occupied with a total rent income of $1,700. Unit 1

  Raven Henderson KAIZEN Realty, LLC

  3113 Yale Ave, Memphis, TN 38112
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  /3

  $129,900

  • 4 Beds
  • 2 Baths
  • 1,350 Sq Ft

  159 Hayden Place, Memphis, TN 38111

  Great Investment Opportunity - Duplex in Memphis This 2 bed, 1 bath per side duplex is being sold as-is and is perfect for investors looking to add value and maximize rental income. The exterior is already completed with new siding, paint, new roof, and new windows. Strong rental demand in the area makes this an excellent opportunity to rehab and hold, or renovate and resell. PROPERTY BEING SOLD

  Joshua Moss KAIZEN Realty, LLC

  159 Hayden Place, Memphis, TN 38111
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  /25

  $179,900

  • 3 Beds
  • 1.5 Baths

  982 Giaroli St, Memphis, TN 38122

  Freshly painted interior and exterior with neutral colors throughout. Recent improvements include new LVP in the bedrooms and living area, new light fixtures, new stove and dishwasher, new countertops and more. This house is adorable and in move in condition. Being sold AS IS.

  Alison Restivo The Restivo Group, REALTORS

  982 Giaroli St, Memphis, TN 38122
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  /2

  $137,500

  • 4 Beds
  • 2 Baths
  • 1,350 Sq Ft

  178 Hayden Place, Memphis, TN 38111

  Great Investment Opportunity - Duplex in Memphis This 2 bed, 1 bath per side duplex is being sold as-is and is perfect for investors looking to add value and maximize rental income. The exterior is already completed with new siding, new roof, and new windows. Strong rental demand in the area makes this an excellent opportunity to rehab and hold, or renovate and resell. PROPERTY BEING SOLD AS IS.

  Joshua Moss KAIZEN Realty, LLC

  178 Hayden Place, Memphis, TN 38111
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  /13

  $124,400

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

  1560 Cane Rd, Memphis, TN 38106

  Excellent addition to your portfolio with this rent ready 3 bed, 2 bath with 2 large separate living spaces! Recently renovated. Newer roof, HVAC, and water heater. Driveway parking in a quiet neighborhood. Close to jobs, restaurants and all amenities. Currently marketing for a tenant with an expected rent of $1,300. Could go high with MHA. Do not miss out on this one!

  Nicholas Gibson The Stamps Real Estate Company

  1560 Cane Rd, Memphis, TN 38106
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  /27

  $200,000

  • 1 Bath
  • 800+ Sq Ft

  505 Tennessee St Unit 407, Memphis, TN 38103

  Spacious Studio loft in the infamous Lofts at South Bluffs! Huge walk-in closet, bathroom with shower/soaking tub and plenty of room in the living space for bed, couch and soft seating. Engineered wood floors, over 12-foot ceilings with exposed brick wall on the south side of the condo, and thick timber support columns to accent the original finishes of the building from 1909. Originally Orgill

  Mike Parker The Firm

  505 Tennessee St Unit 407, Memphis, TN 38103
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  /19

  $160,000

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

  2892 Saint Elmo Ave, Memphis, TN 38127

  Welcome to 2892 St. Elmo Ave, a beautifully renovated 3 bedroom, 2 full bathroom home located in the heart of Frayser. This exquisite home offers a perfect blend of modern amenities and classic charm, making it an ideal choice for aspiring homeowners. This home is also located in a majority-minority census tract, making the opportunity of down payment assistance programs available to most

  Anthony Prince Harris Realty Services

  2892 Saint Elmo Ave, Memphis, TN 38127
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  /12

  $169,900

  • 4 Beds
  • 2 Baths
  • 1,590 Sq Ft

  3107 Yale Ave, Memphis, TN 38112

  Exceptional Investment Opportunity in 38112! Just 3 minutes from the newly developed Tillman Cove Apartments and Lester Community Center, this updated duplex is ideally situated in the heart of the Binghampton Redevelopment District. Each unit features 2 bedrooms and 1 bathroom, with fresh paint and brand-new flooring throughout. Both units became vacant as of September 2025 and are currently

  Raven Henderson KAIZEN Realty, LLC

  3107 Yale Ave, Memphis, TN 38112
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  /27

  $195,000

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

  4400 Poplar Ave Unit 25, Memphis, TN 38117

  Welcome to The Marsonne ! First floor flat and gated community. Renovated kitchen with beautiful cabinets and white quartz countertops and stainless steel appliances. Hall bathroom has subway tile and was renovated in 2021. Spacious bedrooms with luxury vinyl planked flooring. The perfect East Memphis location in a gated community. Charming courtyard and pool. 1 assigned covered parking space

  Andria Hamilton McWaters & Associates

  4400 Poplar Ave Unit 25, Memphis, TN 38117
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  /3

  $140,000

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

  4675 Raleigh Lagrange Rd, Memphis, TN 38128

  CALLING ALL INVESTORS! Cash flowing 4 bed 1 bath in a great location. Currently tenant occupied on a month-to-month lease at $1395/month. Do not miss out on this immediate cash flowing opportunity!

  Marissa Miller The Stamps Real Estate Company

  4675 Raleigh Lagrange Rd, Memphis, TN 38128
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  /22

  $199,900

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

  5340 Shady Ridge Cove, Memphis, TN 38141

  Move-In Ready 3BR/2BA – Fully Renovated & No City Taxes! This beautifully renovated home is move-in ready with upgrades inside and out! • Brand-new roof & air conditioning • New storm doors & security cameras • Durable luxury vinyl plank flooring • Modern kitchen with new countertops • All-new stainless-steel appliances: Refrigerator, Stove, Dishwasher, Washer & Dryer. All

  Tamara Davenport Keller Williams

  5340 Shady Ridge Cove, Memphis, TN 38141
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  /27

  $180,000

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

  1960 N Parkway Unit 1208, Memphis, TN 38112

  Located on the fully renovated 12th floor, this updated 2 bedroom/2 bath condo offers spectacular panoramic views of Downtown and the Memphis Zoo. Key features include: updated Champion windows and sliding glass doors, gleaming parquet flooring throughout living room dining room and kitchen, with brand-new vinyl plank flooring in the bedroom and office/2nd bedroom. Expansive walk-in

  Meredith Coughlin Keller Williams

  1960 N Parkway Unit 1208, Memphis, TN 38112
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  /27

  $130,000

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

  5696 Quince Rd Unit 1, Memphis, TN 38119

  Nestled in vibrant East Memphis this delightful 2-bedroon 1.1 bath condo offers a freshly painted interior in neutral tones. Brand new luxury vinyl plank floors in the Great room and upstairs hall providing low maintenance, ideal for a busy lifestyle. The kitchen features a breakfast bar and eat-in area. The bedrooms are generously sized with new carpet. 2 designated parking spots are directly

  George Langston Crye-Leike, Inc., REALTORS

  5696 Quince Rd Unit 1, Memphis, TN 38119
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  /27

  $169,900

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

  2277 Union Ave Unit 502, Memphis, TN 38104

  Fully Renovated! Move-In Ready! Beautiful Granite Counter Tops and Maple Kraftmaid Cabinets. Tile and Slate Floors in the Kitchen and Bathrooms. GE Profile Appliances, Refrigerator Included. Luxurious Deluxe Showers. Beautiful New Floors in the Bedrooms and Living Room, 2019. New Custom Vertical Blinds with Blackout Feature, 2023. Building features a Pool, Party Room w/ Kitchen, Laundry Room and

  John Paul Privette River Realty, LLC

  2277 Union Ave Unit 502, Memphis, TN 38104
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  /9

  $115,000

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

  4897 Southaven Rd, Memphis, TN 38109

  Great Whitehaven home for sale!!! Tile and wood laminite flooring throughout, Large kitchen and with plenty of cabinet space. Brick home in wooded setting. Excelllent place to call home!!!

  Jimmy Kennedy KAIZEN Realty, LLC

  4897 Southaven Rd, Memphis, TN 38109
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  /24

  $140,000

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

  1220 Chamberlain Dr Unit 1, Memphis, TN 38119

  First Floor Flat in Gated Chatham Village! Great Location in East Memphis~ Minutes to Restaurants, Interstate, Theaters, Hospital and Parks ~ Hardwood Floors in Living Room ~ Covered Patio ~ Open Floor Plan ~ Separate Laundry Room ~ Ample Kitchen Cabinets ~ Pool ~ Clubhouse ~ Ready to Occupy and add your personal touch!

  Taj Schuerman Keller Williams Realty

  1220 Chamberlain Dr Unit 1, Memphis, TN 38119
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  /16

  $135,000

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

  835 Josephine St, Memphis, TN 38114

  This well-maintained 3 bedroom, 2 bath home is a turn-key opportunity for investors! Recent updates include vinyl flooring, new doors, and upgraded plumbing and electrical systems. The property is tenant-occupied with a lease in place at $1,300 per month through September 30, 2026, offering stable, long-term cash flow. *Please note-No showings until an accepted offer.

  Mia Atkinson eXp Realty, LLC

  835 Josephine St, Memphis, TN 38114
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  /17

  $169,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4861 Verne Rd, Memphis, TN 38117

  OPEN HOUSE 9/23- PRICE REDUCED! A 100% loan is available to qualified buyers. Gorgeous home with a huge backyard that's move in ready. Over the last five years, this home has undergone significant improvements, including the replacement of the roof, a complete upgrade of the HVAC system, and the installation of a brand-new water heater. Even the main sewer line to the home has been replaced!

  Leigh Logan Crye-Leike, Inc., REALTORS

  4861 Verne Rd, Memphis, TN 38117
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  /11

  $120,000

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

  1422 Titus Rd, Memphis, TN 38111

  Investors dream! Home is 3 bedrooms 1 bath, living and dining rooms. Hardwood floors, new roof, low maintenance siding and brick, new fenced backyard and deck. Updated kitchen and bathroom. Huge refrigerator in dining room, tenants' choice, space available in kitchen! Washer dryer connections in kitchen also. Secure Parking.

  Randall Wilder Sowell, Realtors

  1422 Titus Rd, Memphis, TN 38111
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  /32

  $200,000

  • 1 Bed
  • 1 Bath
  • 1,000+ Sq Ft

  200 Wagner Place Unit 507, Memphis, TN 38103

  Enjoy downtown living with panoramic Mississippi River views from this bright, open one-bedroom condo at 200 Wagner Place. Perched on the 5th floor, this west-facing unit offers a front-row seat to sunsets and direct views of Tom Lee Park and the Mighty Mississippi. The floor plan includes a spacious living area, private balcony, and an open-concept kitchen with breakfast bar seating. Large

  Amanda Lott BHHS McLemore & Co., Realty

  200 Wagner Place Unit 507, Memphis, TN 38103
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  /14

  $149,900

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

  796 S Graham St, Memphis, TN 38111

  Tenant Occupied with Tenant's Rights, Buyer to verify Room Sizes, Big Back Yard, Tenants Lease Can be Renewed or Tenant is agreeable to break the lease if the new owner wants to occupy. Appointments must be scheduled with tenants Notice. Big Back Yard, Close to the College

  Jason Arms Memphis Area Rentals

  796 S Graham St, Memphis, TN 38111
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  /9

  $115,000

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

  4218 Wagon Wheel Dr, Memphis, TN 38127

  INVESTORS ONLY! This 3bed 2bath home is tenant occupied and currently being rented at $1100/mo. This is a great investment property to add to any portfolio. It was built in 1990! Many homes in this area are being rehabbed and sold for a lot of money. ONLINE VIDEO AVALIBLE UPON REQUEST. Home is professionally managed (lease, ledger, and repair history available upon request). No Creative Or

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4218 Wagon Wheel Dr, Memphis, TN 38127
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  /27

  $125,000

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

  3356 Coachouse Cove, Memphis, TN 38134

  Move-in ready and low-maintenance living in the heart of Bartlett! This 3BR, 2.5BA home features all bedrooms upstairs with two full baths, while the main level includes a spacious den, dining area, half bath, and laundry room. Enjoy a fenced patio—perfect for entertaining—with direct access to oversized parking just behind the home. Recent updates include nearly new carpet (less than a year old)

  Erica Martin Real Estate Agency

  3356 Coachouse Cove, Memphis, TN 38134
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  /25

  $190,000

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

  1776 Dorrie Ln, Memphis, TN 38117

  Attention investors! Add this cash-flowing Section 8 rental property to your portfolio! Current owner spent nearly $40k on updates since in 2022: NEW ROOF, FULLY RENOVATED BATHROOMS, ALL NEW interior paint, NEW kitchen cabinets & countertops, NEW washer, dryer, dishwasher, garbage disposal, sink, ceiling fans and more! All hardwood floors & tile - NO CARPET! Awesome one-level floorplan with

  Lauren Waites Real Estate Agency

  1776 Dorrie Ln, Memphis, TN 38117
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  /5

  $120,000

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

  944 Alice Ave, Memphis, TN 38106

  Charming home located in Memphis, TN, offering a welcoming atmosphere with its spacious living areas and abundant natural light. The property features 4 bedrooms and 2 bathrooms, providing ample space for all your needs. Enjoy the convenience of a well-appointed kitchen, a cozy living room, and a lovely backyard appropriate for outdoor activities. The home is situated in a friendly neighborhood

  Kevin Gioia Beycome Brokerage Realty LLC

  944 Alice Ave, Memphis, TN 38106
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  /17

  $115,000

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

  3441 Piney Woods Ave, Memphis, TN 38118

  MOVE-IN READY for your picky buyers! New Roof, Beautiful Renovated 3BR brick home. Renovated Kitchen with beautiful back-splash, breakfast bar, refrigerator and stove stays. Updated bathroom, laundry room addition, fresh paint and new flooring throughout, new lighting fixtures and ceiling fans throughout. Central Heat and Air with 1 additional mini-split unit for extra heating and cooling.

  Nikiya Copney BEST Real Estate Company

  3441 Piney Woods Ave, Memphis, TN 38118
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  /11

  $119,900

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

  3240 Boxdale St, Memphis, TN 38118

  Excellent investment opportunity!!!! Property being sold AS-IS. Large 3 bedroom 2 bath house! Priced well below market value and with updates this home can be a great investment property!

  Matt Holt Premier Realty Group, LLC

  3240 Boxdale St, Memphis, TN 38118
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  /21

  $158,000

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

  1371 S Parkway E, Memphis, TN 38106

  Charming Four-Side Brick Bungalow with New Roof in Prime Location! This solid, brick bungalow is nestled in a peaceful, tree-lined boulevard on South Parkway East, offering the perfect blend of tranquility and convenience. Located just minutes from the vibrant Poplar and Cooper-Young neighborhoods, you can enjoy all the best amenities and attractions at half the price! With a brand-new roof and

  Shavondra Patton LPT Realty, LLC

  1371 S Parkway E, Memphis, TN 38106
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  /36

  $199,900 Open Sun 3:30PM - 5:30PM

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

  2894 Midland Ave, Memphis, TN 38111

  Open House Sunday 11/16 3:30-5:30~ Sweet brick house in great Midtown location! Spacious 2 bdrm/1.5 bath w/ extra rooms- seven rooms in total. Sunroom/ office with big wrap around windows, huge den with half bath adjacent, separate dining & living room. Hardwood floors, central heat & air, ceiling fans, 1 yr old roof. Huge sunken den with MidCentury Modern feel. Good separation between shared

  Brenda Gibney 901 Real Estate Services

  2894 Midland Ave, Memphis, TN 38111
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  /30

  $185,000

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

  4245 MacKham Cove, Memphis, TN 38118

  Fresh, Fabulous, and Ready for YOU! Welcome to 4245 Mackham Cove, where style meets comfort. This fully renovated home has been beautifully updated from top to bottom—think modern finishes, bright spaces, and a layout perfect for everyday living. Whether you’re a first-time homebuyer or ready for something new, this move-in ready gem is waiting to be yours. Schedule your showing today and fall in

  Travis Patterson C21 Patterson & Assoc. Real Es

  4245 MacKham Cove, Memphis, TN 38118
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  /15

  $111,900

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

  6723 Majestic Oak Place, Memphis, TN 38120

  Refreshed condo in 38120. 2 bedrooms and 1.5 bathrooms. Fresh paint. New HVAC 2023. Both bedrooms are up. Community pool. Walk to shopping and restaurants. It is a great community close to Poplar and Kirby. Comes with fridge, stove and it has a washer/ dryer in the unit so you don't have to leave to do laundry. There is small, private fenced in area for a grill or to put pets outside. The

  James Anson Underwood Crye-Leike, Inc., REALTORS

  6723 Majestic Oak Place, Memphis, TN 38120
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  /19

  $179,900

  • 4 Beds
  • 2 Baths
  • 1,650 Sq Ft

  3176 Yale Ave, Memphis, TN 38112

  Updated Duplex in Eastern Heights – Prime Investment Opportunity in 38112! Located just 8 minutes from Midtown and 13 minutes from Downtown Memphis, this recently renovated duplex sits in the heart of the Binghampton Redevelopment District. Each unit offers 2 bedrooms and 1 bathroom, with fresh paint and new flooring throughout. One unit is currently leased at $900/month through 11/30/2025, while

  Raven Henderson KAIZEN Realty, LLC

  3176 Yale Ave, Memphis, TN 38112
• 

  

  /13

  $139,000

  • 2 Beds
  • 1 Bath
  • 800+ Sq Ft

  2421 Avery Ave, Memphis, TN 38112

  CBU PARENTS! Why throw money away on rent, when you could earn equity and/or income?! 2BR/1BA home within 100 yds of CBU's back entrance, features and updated bathroom and 1 car garage currently used as a storage shed/workshop.

  Jake Lawhead Ware Jones, REALTORS

  2421 Avery Ave, Memphis, TN 38112
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  /10

  $171,000

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

  4333 Tutwiler Ave, Memphis, TN 38122

  Welcome to 4333 Tutwiler Avenue, an exquisitely maintained 3-bedroom, 1-bath home nestled in the heart of Memphis, TN. This charming residence seamlessly blends classic architectural character with modern updates, offering a move-in-ready opportunity for homeowners and a turnkey investment for savvy investors. Step inside to find beautifully finished hardwood and tile floors, updated climate

  James Wachob Foundation Property Management

  4333 Tutwiler Ave, Memphis, TN 38122
• 

  

  /25

  $114,900

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

  766 E Person Ave, Memphis, TN 38106

  Tenant-occupied 3 bed with a charming brick exterior. Inside, your tenant will enjoy low-maintenance floors in living areas, tile in the kitchen and baths, and cozy carpet in the bedrooms. The fenced backyard offers space for entertaining friends and family. This property is an excellent addition to any investment portfolio since it already has a tenant in place. Property is leased through

  Camela Henke Enterprise, REALTORS

  766 E Person Ave, Memphis, TN 38106

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