Memphis, TN Homes for Sale under $200,000

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  /10

  $80,000

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

  675 Miles Dr, Memphis, TN 38111

  OWNER FINANCING AVAILABLE! Great Investment Opportunity! Gated Community! 2 Bedroom Townhouse. Common Laundry Room. Two Blocks from the University of Memphis. 1 Block from The Highland Strip with Food, Bars and Shopping. Cosmetic work needed, but a Steal at this price. Sold "as is". Other properties available. Could be sold as a package deal.

  Danny Lipsey Keller Williams

  675 Miles Dr, Memphis, TN 38111
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  /29

  $199,900

  • 2 Beds
  • 2 Baths
  • 1,081 Sq Ft

  109 N Main St Unit 1212, Memphis, TN 38103

  Experience the best of downtown Memphis from this 12th-floor 2BR, 2BA condo just steps from bars, restaurants, and scenic parks along the Mississippi River. Enjoy daily sunsets and skyline views from the building’s rooftop terrace, complete with new gas grills perfect for entertaining. Amenities include a fitness center, indoor pool, hot tub, event room with river and city views, and a cozy

  Tyler Bowman Weichert, REALTORS-BenchMark

  109 N Main St Unit 1212, Memphis, TN 38103
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  /30

  $64,900

  $35K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 988 Sq Ft

  4212 Falcon Dr, Memphis, TN 38109

  Welcome home! This well-maintained 3-bedroom, 1-bath single-family home offers comfortable living and a generously sized backyard—perfect for outdoor gatherings, pets, or simply relaxing. Schedule a showing today.

  Alexis Martz Trelora Realty

  4212 Falcon Dr, Memphis, TN 38109
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  /2

  $9,900

  $10K PRICE DROP

  • Land
  • 6,098 Sq Ft
  • $70,714 per Acre

  0 Whitman Ave, Memphis, TN 38112

  Lot is to the right of 2636 Whitman.

  Crystal Mitchell Renshaw Company, REALTORS

  0 Whitman Ave, Memphis, TN 38112
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  /2

  $120,000

  • 3 Beds
  • 1 Bath
  • 1,026 Sq Ft

  3822 E Victory Heights Ln, Memphis, TN 38118

  INVESTORS: LOOK NO FURTHER! Long term tenant. This is part of an eight home package (1641 Graham; 1658, 1662 and 1674 Sailors; 3822, 3679, 3685, 3671 Victory Heights). Units may be sold individually. Unit is occupied at $950.00 per month. Priced to SELL!!!!!

  Frank Colvett REMAX Experts

  3822 E Victory Heights Ln, Memphis, TN 38118
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  /17

  $139,900

  • 3 Beds
  • 2 Baths
  • 1,419 Sq Ft

  1563 Railton Rd, Memphis, TN 38111

  Wonderful & Charming 3BR/2BA Home. Huge Primary Bedroom & Ample Natural Light Throughout. Spacious Kitchen w/Lots of Cabinet Space, Granite Counters & Beautiful Tiled Floors Throughout. Move-In Ready w/Thoughtful Updates Throughout. Renovated bathrooms. Inviting Large Living Room w/Abundant Light & Spacious Dining Room Perfect for Entertaining. Ideally Located Just Minutes from The University of

  Frank Newson BEST Real Estate Company

  1563 Railton Rd, Memphis, TN 38111
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  /3

  $170,000

  • 3 Beds
  • 2 Baths
  • 1,720 Sq Ft

  4395 Ann Arbor Ln, Memphis, TN 38128

  INVESTERS ONLY! Tenant occupied 3 bed 2 bath home. Rent is $1000/mo. Professionally managed. This is a great investment property to add to any portfolio. Lease and ledger available upon request. No Creative or Owner Financed Offers. No Wholesale or Assignment. No sign in the yard. Please do not disturb or approach the tenant. Seller also selling 599 Blackhawk, 4973 Longtree, and 80 E. Bodley (Can

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4395 Ann Arbor Ln, Memphis, TN 38128
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  /13

  $130,000

  • 3 Beds
  • 1.5 Baths
  • 1,024 Sq Ft

  936 Olympic St, Memphis, TN 38107

  936 Olympic is a beautifully renovated 3-bedroom, 1.1-bath home that’s move-in ready for its next owner! This home features hardwood floorsthroughout and modern updates, including granite countertops and a functional layout perfect for everyday living. The primary bedroom includes a convenient half bathwith washer and dryer connections, adding extra comfort and practicality. This property is

  Tonja Pryor Keller Williams

  936 Olympic St, Memphis, TN 38107
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  /2

  $33,000

  $6K PRICE DROP

  • Land
  • 29,620 Sq Ft
  • $48,529 per Acre

  0 Warford St, Memphis, TN 38018

  Great opportunity to own a beautiful parcel of land close to the highway.

  Brendan Barriere Pinnacle Realty

  0 Warford St, Memphis, TN 38018
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  /17

  $125,000

  • 3 Beds
  • 1.5 Baths
  • 1,689 Sq Ft

  3642 Gillie St, Memphis, TN 38127

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $1100 per month and is on a lease from 1/02/2026 until 7/1/2027. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

  Alex Evans Reedy & Company, REALTORS

  3642 Gillie St, Memphis, TN 38127
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  /16

  $140,000

  $35K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,405 Sq Ft

  3540 Marion Ave, Memphis, TN 38111

  30k price reduction! Awesome opportunity available in Colonial Heights just moments from the University of Memphis. This four bedroom two bathroom home could make a great home, rental or flip! Priced below ARV! This property features low maintenance vinyl flooring, modern light fixtures, a true primary suite, a great looking roof, and a great back yard. Multiple properties available. Homes can be

  William Haynes Crye-Leike, Inc., REALTORS

  3540 Marion Ave, Memphis, TN 38111
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  /7

  $89,900

  $3K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,004 Sq Ft

  950 Norfleet Ave, Memphis, TN 38109

  INVESTERS ONLY!!! Tenant occupied 3bed 2 bath home currently rented for $1035/mo. Home is professionally managed by Reedy. This could be a great addition to your portfolio. Roof was replaced in 2023. No sign in the yard. Please do not disturb or approach the tenant. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. No Creative Or Owner Financed Offers. No Wholesale Or Assignment.

  Tyler Tapley Crye-Leike, Inc., REALTORS

  950 Norfleet Ave, Memphis, TN 38109
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  /2

  $60,000

  • 3 Beds
  • 1 Bath
  • 1,001 Sq Ft

  759 Brandywine Blvd, Memphis, TN 38127

  Great opportunity to own a solid 3-bedroom, 1-bath investment property. Perfect for rental income or a fix-and-flip project. Features include a spacious layout, potential for upgrades, and a strong rental market nearby. Don’t miss out on this promising investment. Please include proof of funds.

  Lakesha Lilly Leatherwood The Home Partners Realty

  759 Brandywine Blvd, Memphis, TN 38127
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  /9

  $104,900

  $25K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,088 Sq Ft

  4788 Royal Elm Cove, Memphis, TN 38128

  Charming and move-in ready, 4788 Royal Elm Cv offers low-maintenance living in a convenient Memphis location. Featuring a New roof in 2022 and new paint/LVP in 2026. This cozy 3-bedroom, 2-bath home features an efficient single-level layout with approximately 1,148 square feet of living space, a comfortable living area with fireplace, and a functional kitchen perfect for everyday living. Nestled

  Matt Mitchell Reid, REALTORS

  4788 Royal Elm Cove, Memphis, TN 38128
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  /2

  $14,500

  • Land
  • 5,662 Sq Ft
  • $111,538 per Acre

  4850 Stage Rd, Memphis, TN 38128

  Looking for a chance to own a property that can be developed as residential or commercial? Here is your chance to buy it. With plenty of road frontage this just may be the spot for next investment!

  James Hooker Tiger Realty

  4850 Stage Rd, Memphis, TN 38128
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  /12

  $185,000

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

  853 Hanley St, Memphis, TN 38114

  Beautiful property in a great location! RENTED MHA $1849.00 per month- New home built in 2024 in growing market near university of Memphis- 4 Bed, 2 Bath home features polished concrete floors- 5 panel doors- modern lighting, bath rooms and interior finishes. DO NOT DISTURB TENANT

  Brett Bernard The Stamps Real Estate Company

  853 Hanley St, Memphis, TN 38114
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  /7

  $46,900

  $8K PRICE DROP

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

  2161 Howell Ave, Memphis, TN 38108

  Nice, brick building with 2 x 1/1 units with off-street parking all makes for a great combo to win long-term with this duplex! Both sides are fixed up and rent-ready with one side having new LVP flooring. Once they're occupied, it should be making a combined $1000/month - returns you don't see very often anymore! With $499/month income right now, this one should be profitable from day 1 for you!

  Randall Weatherall Memphis Metro Realty

  2161 Howell Ave, Memphis, TN 38108
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  /2

  $40,000

  • Land
  • 4,791 Sq Ft
  • $363,636 per Acre

  52 Angelus St, Memphis, TN 38104

  Incredible opportunity to own two adjoining lots in the heart of Midtown — 46 and 52 Angelus St. These properties are surrounded by new construction and located next door to a stunning modern condo building. The area continues to grow rapidly, making this a perfect location for your next development project or investment. Centrally located and just minutes from dining, shopping, and entertainment

  Crystal Mitchell Renshaw Company, REALTORS

  52 Angelus St, Memphis, TN 38104
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  /31

  $89,900

  $10K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,032 Sq Ft

  3608 Cane Ridge Dr, Memphis, TN 38109

  Cozy 3-bedroom, 1.5-bathroom single-family home located in the desirable Southland Hills subdivision. This traditional 1,032 sq. ft. residence features a blend of wood laminate and tile flooring, a spacious dine-in kitchen, and an updated bathroom. Exterior highlights include durable brick veneer and aluminum/steel siding, a chain-fenced yard, and a convenient 1-car front-load garage with an

  Christopher Stjernholm Trelora Realty

  3608 Cane Ridge Dr, Memphis, TN 38109
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  /2

  $119,500

  $6K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,168 Sq Ft

  4797 Northfield Cir, Memphis, TN 38128

  Terrific investment opportunity! Tenant occupied, currently rented for $1295/mo. Professionally managed. Home has been well maintained with some recent repairs and a good looking roof. Three bedroom, two bathroom with central heat and air and low maintenance vinyl siding. Conveniently located near schools, shopping and John F. Kennedy Park. Multiple properties for sale, can be bought in bulk or

  William Haynes Crye-Leike, Inc., REALTORS

  4797 Northfield Cir, Memphis, TN 38128
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  /4

  $159,900

  • 4 Beds
  • 2 Baths
  • 1,748 Sq Ft

  2641 Tutwiler Ave, Memphis, TN 38112

  Fantastic investment opportunity in the Shelby area. This 4br/2 bath Duplex is in the 38112 area. Unit 2641 occupied for $840/month. The lease ends on 7/31/2026. Unit 2643 is occupied for $839/month. The lease ends on 2/28/2027. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  2641 Tutwiler Ave, Memphis, TN 38112
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  /9

  $129,900

  • 4 Beds
  • 1 Bath
  • 1,088 Sq Ft

  3114 Cherry Rd, Memphis, TN 38118

  Beautiful 4 bedroom 1 bath home with large back yard on a quite street. Home has great charm a must see.

  Fred Sengstacke KAIZEN Realty, LLC

  3114 Cherry Rd, Memphis, TN 38118
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  /13

  $179,000

  $9K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 878 Sq Ft

  66 Monroe Ave Unit 1008, Memphis, TN 38103

  Do you remember that famous song by Marc Cohn...."Walking in Memphis"? How about Memphis, Tennessee by Johnny Rivers? These catchy tunes barely scratch the surface as to how much fun you would have if you lived in this awesome condo in the heart of Memphis, Tennessee. Walk to fabulous restaurants, Memphis Redbirds baseball, Tom Lee Park, Beale Street Entertainment district and in the very near

  Cathleen Black Marx-Bensdorf, REALTORS

  66 Monroe Ave Unit 1008, Memphis, TN 38103
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  /2

  $158,900

  • 2 Beds
  • 2 Baths
  • 1,355 Sq Ft

  930 East Dr, Memphis, TN 38108

  Charming 1940 bungalow featuring 2 bedrooms and 2 baths in a convenient Memphis location. Situated near Jackson Avenue and East Parkway, this home offers easy access to Midtown, North Memphis, Overton Park, Sam Cooper Boulevard, downtown, with lots of shopping, dining and entertainment options. Whether you're looking to expand your investment portfolio or create a place to call home, this

  Dawn Kinard Welch Realty, LLC

  930 East Dr, Memphis, TN 38108
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  /2

  $38,900

  $1K PRICE DROP

  • Land
  • 2.43 Acres
  • $16,008 per Acre

  0 E Holmes Rd Unit 10222370, Memphis, TN 38109

  Terrance Hill eXp Realty, LLC

  0 E Holmes Rd Unit 10222370, Memphis, TN 38109
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  /6

  $114,900

  $20K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,594 Sq Ft

  3846 Camelia Cove, Memphis, TN 38115

  3-bed, 2-bath brick ranch in a quiet Heritage Colony cove. 1,594 sq. ft. layout featuring a spacious den with fireplace, formal living and dining rooms, and a private primary suite. Low-maintenance exterior on a level lot. Convenient access to schools and I-240. Ideal for homeowners or investors.

  Christopher Stjernholm Trelora Realty

  3846 Camelia Cove, Memphis, TN 38115
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  /2

  $105,000

  • 3 Beds
  • 1 Bath
  • 1,516 Sq Ft

  1946 Willow Wood Ave, Memphis, TN 38127

  Incredible investment opportunity available with tremendous cash flow and huge potential upside! This home is rented for $995/mo with a market rent of $1200/mo. Multiple properties available. Homes can be bought individually or in bulk. All homes are professionally managed. Most all of these are tenant occupied AND have value add upside. Many of these homes have had significant rehab done in the

  William Haynes Crye-Leike, Inc., REALTORS

  1946 Willow Wood Ave, Memphis, TN 38127
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  /2

  $4,000

  $7K PRICE DROP

  • Land
  • 5,227 Sq Ft
  • $33,333 per Acre

  258 Gaston Ave, Memphis, TN 38106

  Portfolio List Price: $185,000 Rare opportunity to acquire a portfolio of infill land parcels across established and growing Memphis neighborhoods, ideal for new construction, build-to-rent communities, or long-term investment. Several parcels are clustered, allowing for scalable or phased development strategies in areas experiencing continued revitalization and strong rental demand. Portfolio

  Austin Rowe Onward Real Estate

  258 Gaston Ave, Memphis, TN 38106
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  /20

  $134,900

  • 2 Beds
  • 1 Bath
  • 873 Sq Ft

  556 Lundee St, Memphis, TN 38111

  Fantastic investment opportunity in the Shelby area. This 2br/1 bath single-family home is in the 38111 area. Cash flowing with a monthly rental amount of $995/month. Currently on MTM. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  556 Lundee St, Memphis, TN 38111
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  /15

  $119,900

  $15K PRICE DROP

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

  507 Tonto Rd, Memphis, TN 38109

  This beautiful home has been completely renovated!!! It features smooth ceilings, updated gold fixtures throughout the home, new paint on the interior and exterior, new hot water tank, brand new stainless steel kitchen appliances, and the original hardwood floors have been revitalized!!! The kitchen and bathroom were completely gutted on this home, so everything is brand new!!! The kitchen and

  Joye Martin Miller Martin Realty

  507 Tonto Rd, Memphis, TN 38109
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  /17

  $105,000

  $20K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,048 Sq Ft

  2120 Curry Ave, Memphis, TN 38108

  Beautifully renovated and move-in ready! This charming home features 3 spacious bedrooms and 2 full bathrooms across 1,048 sq ft of thoughtfully updated living space. Built in 1998 and completely refreshed, it offers modern comfort with peace of mind. Enjoy a brand-new HVAC system and new hot water heater, ensuring efficiency and reliability for years to come. No Carpet. Plus, a 1-year home

  Tamara Davenport Keller Williams

  2120 Curry Ave, Memphis, TN 38108
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  /8

  $130,000

  • 3 Beds
  • 1 Bath
  • 1,100 Sq Ft

  3678 Glenburee Cove, Memphis, TN 38109

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $1118 per month and is on a lease from 4/1/2024 until 3/31/2027. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

  Alex Evans Reedy & Company, REALTORS

  3678 Glenburee Cove, Memphis, TN 38109
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  /14

  $155,000

  • 2 Beds
  • 1 Bath
  • 816 Sq Ft

  4390 Willow Rd, Memphis, TN 38117

  Cute and Cozy Bungalow Lifestyle. Check out this recently rehabbed home! 2 bed/1 bath, very nicely done! In the sought after neighborhood of Colonial Acres. Great starter home, empty nesters, or Investment. Currently tenant occupied, Showings available upon accepted offer to purchase.

  Rene stehle Keller Williams

  4390 Willow Rd, Memphis, TN 38117
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  /16

  $124,900

  • 3 Beds
  • 1 Bath
  • 925 Sq Ft

  1018 Goodman St, Memphis, TN 38111

  Beautiful 3 bedroom, 1 bathroom home with a functional layout and plenty of charm. Features include spacious living areas, updated finishes, and a bright kitchen with ample cabinet space. Enjoy a large backyard perfect for entertaining, relaxing, or pets. Conveniently located near shopping, dining, and schools. Great opportunity for a first time buyer, investor, or anyone looking for affordable

  Crystal Mitchell Renshaw Company, REALTORS

  1018 Goodman St, Memphis, TN 38111
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  /2

  $22,500

  $1K PRICE DROP

  • Land
  • 4,791 Sq Ft
  • $204,545 per Acre

  801 Cella St, Memphis, TN 38114

  Great lot! Ready to build your next home or investment property.

  Crystal Mitchell Renshaw Company, REALTORS

  801 Cella St, Memphis, TN 38114
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  /8

  $99,000

  $18K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,412 Sq Ft

  3731 Helmwood St, Memphis, TN 38127

  Great starter home with 3 bedrooms, 1.5 baths, plus a Living room, den, and an extra room that can be a sun room or multi-purpose room. The low price is also great if you're looking for an investment property. This home has a deck on the back plus 2 storage spaces. Large fenced back yard. Just needs updating and a little love from a new owner. Backup purposes. Contract falling out.

  Vanessa Marshall BenchMark REALTORS, LLC

  3731 Helmwood St, Memphis, TN 38127
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  /2

  $53,750

  $27K PRICE INCREASE

  • 4 Beds
  • 2 Baths

  1066 Overton Park Ave, Memphis, TN 38105

  An investor's dream! A total of 4 duplexes with a great room, 2 bedrooms, one bath and kitchen. Located in a cove, these homes would be ideal for investors with an eye for rehabbing functional homes in need of cosmetic upgrades. Located minutes away from downtown and midtown, homeowners will have ample choices for entertaining family and friends.

  Felicia Carey Crye-Leike, Inc., REALTORS

  1066 Overton Park Ave, Memphis, TN 38105
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  /22

  $145,900

  $14K PRICE DROP

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

  1531 Netherwood Ave, Memphis, TN 38106

  This property is at $1,195 per month through 3/31/2028. Fully renovated rental property designed for durability and long-term performance. Key improvements include a new 30-year architectural roof, double-pane aluminum windows, and a recently installed water heater. Interior upgrades feature new hard-surface flooring, an updated kitchen with new countertops and fixtures, and a fully renovated

  James Wachob Foundation Property Management

  1531 Netherwood Ave, Memphis, TN 38106
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  /10

  $51,900

  • Land
  • 3.31 Acres
  • $15,680 per Acre

  1163 W Raines Rd, Memphis, TN 38109

  Prime Development Opportunity | 3.31 Acres *Boundaries- For illustrative purposes only. Drawn boundaries are approximate Rare opportunity to secure 3.31 acres with direct access to Main Street, making it an excellent candidate for residential development or a custom private estate. With approximate lot dimensions of 300 x 400, this parcel offers ample space and flexibility for a variety of future

  Terrance Hill eXp Realty, LLC

  1163 W Raines Rd, Memphis, TN 38109
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  /2

  $100,000

  • 2 Beds
  • 1 Bath
  • 797 Sq Ft

  1658 Sailors St, Memphis, TN 38108

  INVESTORS: LOOK NO FURTHER! Long term tenant. This is part of an eight home package (1641 Graham; 1658, 1662 and 1674 Sailors; 3822, 3679, 3685, 3671 Victory Heights). Units may be sold individually. Unit is occupied at $850.00 per month. Priced to SELL!!!!!

  Frank Colvett REMAX Experts

  1658 Sailors St, Memphis, TN 38108

Showing Results 361 - 400, Page 10 of 18