Memphis, TN Homes for Sale under $200,000

• 

  

  

  /12

  $139,900

  • 4 Beds
  • 2 Baths
  • 1,452 Sq Ft

  1783 Danville Rd, Memphis, TN 38117

  REDUCED $5,000!! Corporate owned home selling as is. Good looking home with 3 bedrooms and 2 full baths plus a living room, dining room, and an extra room that could be a den or 4th bedroom. Priced far below market to sell now. Excellent opportunity for a great fix and flip or wonderful family home. lOOKING FOR CASH SALES. No FHA or VA loans except FHA rehab loan. No owner financing, blind offers

  Jimmie Tapley Crye-Leike, Inc., REALTORS

  1783 Danville Rd, Memphis, TN 38117
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  /28

  $148,000

  • 1 Bed
  • 1 Bath
  • 707 Sq Ft

  66 Monroe Ave Unit 405, Memphis, TN 38103

  Live the downtown lifestyle in the iconic historic Shrine Building! This beautifully appointed condo is offered furnished or unfurnished, making it a flexible, move-in-ready option for students, professionals, or urban enthusiasts. Enjoy resort-style amenities including 24-hour controlled access, Olympic-size indoor pool, sauna, fitness area, and a rooftop retreat with seating and gas

  Sherianne Bangham BHHS Taliesyn Realty

  66 Monroe Ave Unit 405, Memphis, TN 38103
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  /13

  $110,000

  • 4 Beds
  • 2 Baths
  • 1,368 Sq Ft

  445 Lipford St, Memphis, TN 38112

  Price Improvement! Rooms and space galore! This 4 bed 2 bath shotgun style bungalow is ready for a new owner. Completely renovated in 2021 with new roof, new siding, new windows, new central heat and air, new hot water, new laminate flooring, updated kitchen and baths, this home is practically new. With proximity to the Broad Ave Arts District, the newly built Lester Community Center, as well as

  Joshua Cooper Sowell, Realtors

  445 Lipford St, Memphis, TN 38112
• 

  

  

  /12

  $115,000

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

  668 Westview Rd, Memphis, TN 38109

  Being sold AS-IS. Nice 3-bedroom, 1- bathroom home on a 0.71-acre lot that offers privacy. Rent ready for investors. One highlight of this property is the large den/great room. Lot is large enough for a garden, garage and/or storage building. The seller welcomes all offers.

  Sharon Harris Keller Williams

  668 Westview Rd, Memphis, TN 38109
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  /31

  $147,500

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

  1212 Bristol Dr, Memphis, TN 38119

  End Unit Townhome in Chatham Village has two bedroom, one and a half baths. Excellent value, this condominium includes refrigerator, private patio for cookouts or relaxing, kitchen w/ breakfast bar opens to a dining room and large living room w/ hardwood floors down, primary bedroom has double closets, carpet upstairs, updated full bath, the laundry closet in the up foyer and there is attic space

  Amirio Armour Armour and Associates Realty L

  1212 Bristol Dr, Memphis, TN 38119
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  /12

  $140,000

  • 2 Beds
  • 1 Bath
  • 1,116 Sq Ft

  4125 Michael Rd, Memphis, TN 38116

  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.

  Alex Evans Reedy & Company, REALTORS

  4125 Michael Rd, Memphis, TN 38116
• 

  

  /18

  $165,000 New Construction

  • 4 Beds
  • 2 Baths
  • 1,319 Sq Ft

  4367 Suncrest Dr, Memphis, TN 38127

  $5000 BUYER CREDIT for closing costs and prepaids!!! BRAND NEW CONSTRUCTION! INVESTOR SPECIAL! Low maintenance. 4 bed 2bathroom in a great location! One year Builder's Warranty included. Hardi-Plank exterior, Double Insulated Windows. Interior features include Low Maintenance stained concrete floors, custom kitchen cabinets and bathroom vanities with granite counter-tops, upgraded plumbing and

  Brett Bernard The Stamps Real Estate Company

  4367 Suncrest Dr, Memphis, TN 38127
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  /15

  $120,000

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

  668 Spring St, Memphis, TN 38112

  Charming home near the restaurants and shops of Broad Street! Come see what this adorable home has to offer. As-is Sale

  Jo Ann Langlois 901 Properties

  668 Spring St, Memphis, TN 38112
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  /17

  $165,000

  • 1 Bed
  • 1 Bath
  • 800+ Sq Ft

  812 Creekside Dr Unit 2, Memphis, TN 38117

  Charming 1-Bedroom, 1-Bath Condo in East Memphis --- This cozy condo is ideal for students or anyone ready to downsize without compromising on comfort. Located in a gated community with beautifully landscaped grounds and access to amenities, this condo offers a peaceful, low-maintenance living space. Fresh updates throughout and a home warranty provide added value and peace of mind. Call your

  Ali Abu-Khraybeh Renshaw Company, REALTORS

  812 Creekside Dr Unit 2, Memphis, TN 38117
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  /7

  $135,000

  • Land
  • 2.16 Acres
  • $62,500 per Acre

  867 E Alcy Rd, Memphis, TN 38106

  Improved 2.16 acres featuring utilities in place, elevated terrain, and partial clearing, located in a private, quiet rural area just minutes from Graceland and major interstate access—a rare combination of peaceful seclusion and prime connectivity.

  Tina Dugan Keller Williams

  867 E Alcy Rd, Memphis, TN 38106
• 

  

  /27

  $170,000

  • 3 Beds
  • 2 Baths
  • 1,064 Sq Ft

  4006 Oakshire Cove, Memphis, TN 38109

  This newly constructed home will be complete by the end of January 2026. It is 1 of 10 slated for the Whitehaven - Levi / Westwood Community, and features 3 bedrooms and 2 baths, and Stainless Steel Appliance Package (refrigerator, stove, dishwasher, and microwave), which are standard with every home. See attached flyer for more information about the property. Let us help you qualify and start on

  Daryl Lewis Infinity Group REALTORS, Inc.

  4006 Oakshire Cove, Memphis, TN 38109
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  /15

  $103,000

  • 2 Beds
  • 1.5 Baths
  • 1,054 Sq Ft

  3445 Pruett Ct, Memphis, TN 38111

  Gated Condo Complex located mins from the University of Memphis and Highland Strip. This 2bed/1.5 bath could make a great investment for an investor or home for an owner occupant. Living Room, Dining Area, and Fenced in Patio Area. HOA is $140 monthly and covers exterior maintenance repairs, property insurance, landscaping & grounds cleaning, pest control, water/sewer for property, utilities for

  Monica Bynum Crye-Leike, Inc., REALTORS

  3445 Pruett Ct, Memphis, TN 38111
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  /19

  $117,500

  • 3 Beds
  • 1.5 Baths
  • 1,160 Sq Ft

  1270 Chickamauga Ave, Memphis, TN 38109

  Lovely 3 bedroom 1 and a half bathroom brick home all one one level! This home was just rehabbed in 2026 and is ready for a new owner! Wonderful home with new interior paint, low maintenance flooring, with excellent floor plan including: den, dining room, large laundry room, and open kitchen concept (perfect for entertaining). This home has an extra large primary bedroom with private half

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1270 Chickamauga Ave, Memphis, TN 38109
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  /9

  $149,774

  • 3 Beds
  • 2 Baths
  • 1,098 Sq Ft

  4355 Cleopatra Dr, Memphis, TN 38128

  Updated 3 bedroom / 2 bath single story home with fireplace in living room & great backyard! Fresh interior & exterior paint with new Luxury Plank Vinyl flooring. New roof in 2024. Updated & move-in ready!

  Phillip Kemp Reed & Associates of Tenn, LLC

  4355 Cleopatra Dr, Memphis, TN 38128
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  /28

  $179,000

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

  210 S Mclean Blvd Unit 12, Memphis, TN 38104

  Spacious 3 Bedroom 2 Bath Condo in Midtown's Crescent Place offers the perfect blend of charm, comfort and convenience. Located in the heart of the Central Garden Historic District, this light-filled 3 BR/2BA condo offers an open great room, kitchen and private primary suite. Two additional bedrooms share a second full bath. Enjoy the beautiful interior courtyard and stone outdoor courtyard with

  Kim Finney Dream Maker Realty, LLC

  210 S Mclean Blvd Unit 12, Memphis, TN 38104
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  /17

  $110,000

  • 2 Beds
  • 1 Bath
  • 834 Sq Ft

  1580 Marianna St, Memphis, TN 38114

  HVAC TO BE INSTALLED BEFORE CLOSING. GREAT FOR INVESMENT OR OWNER OCUPPIED. EASY TO SHOW. LET'S MAKE A DEAL!!!!

  Landra Pryor Crye-Leike, Inc., REALTORS

  1580 Marianna St, Memphis, TN 38114
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  /14

  $125,000

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

  1781 Woodburn Dr, Memphis, TN 38127

  Terrific investment opportunity. Professionally managed and cash flowing property. Rent is $1100/mo. Lease is m2m. Professionally managed by Renshaw. Lease and ledger are available upon request. Seller has multiple properties for sale. Can buy individucally or in bulk. All properties are professionally managed. The addresses are 3667 Southland, 1364 Viscoscia, 3263 Sunrise, 3516 Suzanne, 1781

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1781 Woodburn Dr, Memphis, TN 38127
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  /16

  $130,000

  • 3 Beds
  • 1 Bath
  • 911 Sq Ft

  3323 Henry Ave, Memphis, TN 38122

  Move in ready and thoughtfully updated, this charming home offers peace of mind with a five year roof and an HVAC system approximately six years old. Inside, the hardwood floors have been professionally refinished, restoring their natural beauty and warmth. Exterior improvements include all new siding, a welcoming front porch, and fresh interior and exterior paint that give the home a clean and

  Arath Luevano Fast Track Realty, LLC

  3323 Henry Ave, Memphis, TN 38122
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  /2

  $175,000

  • Land
  • 0.66 Acre
  • $265,152 per Acre

  270 Ellawood Ln, Collierville, TN 38107

  Beautiful one-half acre lot in the Collierville Historic District. A very rare find. Just off a quiet cove. Lot is mostly wooded and is perfect for your dream home. This lot is one of two. Collierville Schools. Utilities at the street.

  Craig Smith Banyan Tree, REALTORS

  270 Ellawood Ln, Collierville, TN 38107
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  /2

  $140,000

  • 4 Beds
  • 2 Baths
  • 1,593 Sq Ft

  3196 Princeton Ave, Memphis, TN 38112

  Great opportunity to own an income-producing duplex! 2-bed/1-bath on each side currently renting for $750/unit. Conventional, VA, and FHA offers are welcome; tenant-occupied; showing allowed only after offer acceptance. DO NOT DISTURB TENANTS

  Kim Harper Groome & Co.

  3196 Princeton Ave, Memphis, TN 38112
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  /13

  $124,900

  • 3 Beds
  • 1.5 Baths
  • 1,409 Sq Ft

  3203 Aden St, Memphis, TN 38127

  SPACIOUS 3/2 brick home loaded with potential! Large living room and dining room, separate living area next to kitchen, 3 spacious bedroom and large fenced-in backyard! Needs minor TLC. Would make an excellent starter home for a family or a great addition to your investment property portfolio! Motivated seller is ready to make a deal. No owner financing, wholesale, or creative offers.

  Jeremy Veldman KAIZEN Realty, LLC

  3203 Aden St, Memphis, TN 38127
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  /6

  $130,000

  • Land
  • 2.08 Acres
  • $62,500 per Acre

  0 E Holmes Rd Unit 10202561, Memphis, TN 38109

  Build Your Dream Home on 2.08 Acres of Pure Possibility! Tucked away is this 2.08-acre lot offering the perfect canvas to bring your vision to life. Whether you're dreaming of a custom estate, a charming farmhouse, or a modern retreat, this spacious parcel provides room to spread out and breathe. Enjoy the privacy of a large lot with plenty of space for a garden, workshop, or outdoor living

  Melissa Blume Thompson eXp Realty

  0 E Holmes Rd Unit 10202561, Memphis, TN 38109
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  /19

  $139,000

  • 3 Beds
  • 1 Bath
  • 1,062 Sq Ft

  4928 Willow Rd, Memphis, TN 38117

  This house has lots of updates BUT it needs finishing touches. This house has 3 bedrooms and 1 bath. It has hardwood floors (need refinishing) It has an oversized parking pad and a carport for covered parking. It has an updated electric panel. It has a new heater but no outside air unit. Roof is 2 years old. New water heater. Owner Agent. This home probably won't go FHA so please no FHA or VA

  James Anson Underwood Crye-Leike, Inc., REALTORS

  4928 Willow Rd, Memphis, TN 38117
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  /2

  $150,000

  • 2 Beds
  • 1 Bath
  • 855 Sq Ft

  839 S Graham St, Memphis, TN 38111

  Great Investment Opportunity near the University of Memphis. No showing until the home is under contract. Make offer contingent on Inspection. Current tenant pays $950/mo...

  Danny Lipsey Keller Williams

  839 S Graham St, Memphis, TN 38111
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  /3

  $149,900

  • 4 Beds
  • 2 Baths
  • 1,344 Sq Ft

  961 N Highland St, Memphis, TN 38122

  Fantastic investment opportunity in the Shelby area. Cash flowing with a monthly rental amount of $750 & $875/month. The lease ends on 07/31/2026 & 08/31/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  961 N Highland St, Memphis, TN 38122
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  /8

  $120,000

  • 2 Beds
  • 2.5 Baths
  • 1,404 Sq Ft

  781 Chatwood Cove, Memphis, TN 38122

  Conveniently located duplex with two 2-bedroom, 1.5-bath units, both currently occupied. Great investment opportunity! Combined or individual offers on the units are welcome.

  John Quinn REMAX Experts

  781 Chatwood Cove, Memphis, TN 38122
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  /28

  $189,000

  • 3 Beds
  • 2 Baths
  • 1,589 Sq Ft

  3807 Guernsey Ave, Memphis, TN 38122

  Simply adorable and move-in ready in the desirable Wrenwood neighborhood! Spacious den addition, large primary suite with walk-in closet, and beautiful hardwood floors throughout. Separate living & dining rooms, and a fenced backyard—perfect for entertaining!

  Jeanette Lin Pinnacle Realty

  3807 Guernsey Ave, Memphis, TN 38122
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  /7

  $129,900

  • 3 Beds
  • 1 Bath
  • 1,086 Sq Ft

  2436 Chattering Ln, Memphis, TN 38127

  Excellent Turnkey Investment Opportunity! This beautifully renovated 3 bedroom, 1 bathroom home was fully updated in 2023 and offers true peace of mind for any investor. Major improvements include a brand-new roof, HVAC system, and water heater—ensuring long-term durability and low maintenance costs. Inside, the home features modern and stylish updates throughout, creating an attractive living

  Jeff Goff Keller Williams

  2436 Chattering Ln, Memphis, TN 38127
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  /20

  $129,999

  • 3 Beds
  • 2 Baths
  • 1,439 Sq Ft

  1503 Haywood Ave, Memphis, TN 38127

  Tenant Occupied, No Showings without accepted offer. Home Sits on Little Less than a 1/2 Acre, Offers Closed in Exterior Room for Outside Entertaining, with small Fish Pond. Washroom. Recently Renovated Kitchen. Living Room and Oversized Den. Conveniently Located with Easy Access to Millington and Downtown Memphis. No Wholesalers - No Assignment Options.

  Jason Hunter Hunter Management, LLC

  1503 Haywood Ave, Memphis, TN 38127
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  /2

  $150,000

  • Land
  • 1.26 Acres
  • $119,048 per Acre

  5105 Pleasant View Rd, Memphis, TN 38134

  Terrance Hill eXp Realty, LLC

  5105 Pleasant View Rd, Memphis, TN 38134
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  /13

  $145,000

  • 5 Beds
  • 1.5 Baths
  • 1,580 Sq Ft

  5235 Braden Dr, Memphis, TN 38127

  5-bedroom, 1.5-bath home delivers a layout that’s hard to find in today’s market. With multiple bedrooms, this property offers flexibility for large households, multigenerational living, home offices, or income-producing strategies Whether you’re a homeowner looking for room to grow or an investor seeking a high-bedroom-count property with strong rental potential, this home checks the boxes.

  Tia Jennings Keller Williams

  5235 Braden Dr, Memphis, TN 38127
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  /9

  $130,000

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

  1105 N Watkins St, Memphis, TN 38107

  4 beds/ 2 bath..Perfect for Investor...could be single residence and/or duplex...no blind offers

  Mae Moore Crye-Leike, Inc., REALTORS

  1105 N Watkins St, Memphis, TN 38107
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  /14

  $175,000 New Construction

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

  4438 Sunny View Dr, Memphis, TN 38127

  MHA RENT $1650-$1750 per month- Great Investment!- Brand new 4BR 2Bath with Carport- Maintenance free siding- LVT floors- Full 1 Year Builder Warranty. House currently under construction, to be completed in 90 days. Photos are of finished home- same building and floor plan. Photos to be updated upon completion. Accepting early preconstruction offers. Contact Brett Bernard for more information. No

  Brett Bernard The Stamps Real Estate Company

  4438 Sunny View Dr, Memphis, TN 38127
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  /10

  $180,000

  • Land
  • 0.34 Acre
  • $529,412 per Acre

  1412 Madison Ave, Memphis, TN 38104

  Priced to sell! This lot is located in one of Midtown Memphis’ most recognizable and heavily traveled corridors, offering excellent visibility and consistent traffic ideal for business development or future investment. The property may be purchased individually or as part of a package with 1400 Madison Avenue. The total asking price for both properties (1400 & 1412 Madison Ave) is $455,000.

  Benjamin Winston KAIZEN Realty, LLC

  1412 Madison Ave, Memphis, TN 38104
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  /31

  $109,900

  • 3 Beds
  • 2 Baths
  • 1,494 Sq Ft

  1380 North Dr, Memphis, TN 38109

  3 bedroom, and 2 baths home set on a wooded lot, this one-level home offers a spacious layout. The interior features a bright living area with large windows. The kitchen includes white cabinetry, black appliances, and ceramic tile floors, with an adjacent dining area that flows into the living space. Each bedroom provides ample natural light and closet space, while the bathroom is finished with a

  Alexis Martz Trelora Realty

  1380 North Dr, Memphis, TN 38109
• 

  

  /23

  $120,000 Pre-Foreclosure

  • 2 Beds
  • 1 Bath
  • 952 Sq Ft

  3787 Rhodes Ave, Memphis, TN 38111

  LOOKING FOR INVESTORS GREAT PROPERTY TO ADD TO YOUR PORTFOLIO. Great Home in the U of M area With Separate Garage / Workshop All appliances including washer & dryer included NEW Fenced back & side yard separate storage building behind garage TENANT OCCUPIED Currently on Lease with option to Purchase $1300 % 5 year Balloon. Contact Listing agent for details on Lease/Purchased contract in place and

  Lisa Burks Adaro Realty, Inc.

  3787 Rhodes Ave, Memphis, TN 38111
• 

  

  /22

  $192,900

  • 3 Beds
  • 2 Baths
  • 1,783 Sq Ft

  1969 E Holmes Rd, Memphis, TN 38116

  The property is currently tenant occupied, please do not disturb the tenant. The property underwent a renovation in 20205. The HVAC is 2017 (coil is 2018), new furnace (2025), roof is in good condition, and new dishwasher.

  Lauren McNary Marathon REALTORS, LLC

  1969 E Holmes Rd, Memphis, TN 38116
• 

  

  /20

  $129,000

  • 2 Beds
  • 2 Baths
  • 1,421 Sq Ft

  958 Birch St, Memphis, TN 38108

  ATTENTION INVESTORS! This spacious 3 bedroom 2 bathroom house will make an excellent addition to your portfolio! Completely refurbished and rented for $1,150/month and under professional management. Home features spacious den with fireplace, separate dining room, large master bedroom with convenient exterior access, large upstairs storage area, and much more! Conveniently located 1 mile from

  Jeremy Veldman KAIZEN Realty, LLC

  958 Birch St, Memphis, TN 38108
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  /5

  $189,900

  • Land
  • 1.7 Acres
  • $111,706 per Acre

  7846 Players Club Pkwy, Memphis, TN 38119

  PRICE DROP!

  Amy Alaina Diamond Properties, Inc.

  7846 Players Club Pkwy, Memphis, TN 38119
• 

  /2

  $180,200

  • 4 Beds
  • 2 Baths
  • 2,491 Sq Ft

  4793 Boeingshire Dr, Memphis, TN 38116

  Here is a desirable four bedroom, two bathroom home with one bedroom upstairs. Attractive curb appeal and may need some repairs upon gaining access. Near airport and all necessary neighborhood amenities. Occupied Reserve Auction – NO ACCESS OR VIEWINGS of this property. Please DO NOT DISTURB the occupant. "As is" sale with no contingencies or inspections. Seller cannot guarantee occupancy. Buyer

  Lori Brown Realhome Services & Solutions

  4793 Boeingshire Dr, Memphis, TN 38116

Showing Results 361 - 400, Page 10 of 18