966

Memphis, TN Homes for Sale under $200,000

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  • /2

    $119,900

    • 3 Beds
    • 1 Bath
    • 1,511 Sq Ft

    2714 Nix Cove, Memphis, TN 38127

    Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38127 area. Cash flowing with a monthly rentalamount of $1,250/month, month to month. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language willbe accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    2714 Nix Cove, Memphis, TN 38127
  • /19

    $189,000 New Construction

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

    12 E Emory Rd, Memphis, TN 38109

    Brand new construction! This 3-BD/2 FULL BATH split bedroom home has it all! Great curb appeal, awesome floorplan, large backyard great for entertaining, gardening, or leisure. Beautiful wood laminate floors in each living area. Primary bedroom w/ensuite bathroom. Earthtone colors and natural lighting throughout, den and a kitchen w/ample storage space, and new appliances. Showings start

    Kelbert Fagan Crye-Leike, Inc., REALTORS

    12 E Emory Rd, Memphis, TN 38109
  • /2

    $115,000

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

    1797 Dupont Ave, Memphis, TN 38127

    Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1.5 baths. Currently renting for $1,350 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over 15 other rental houses available also.

    Harry Samuels Pinnacle Realty

    1797 Dupont Ave, Memphis, TN 38127
  • /12

    $125,000

    • 3 Beds
    • 1 Bath
    • 1,053 Sq Ft

    1017 Gordon St, Memphis, TN 38122

    Cozy 3 bedroom, 1 bathroom home featuring comfortable living space and a decent-sized backyard, perfect for relaxing, grilling, or letting the kids and dogs run. A great place to call home.

    Crystal Mitchell Renshaw Company, REALTORS

    1017 Gordon St, Memphis, TN 38122
  • /6

    $139,874

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

    4195 Cedartree Dr, Memphis, TN 38141

    BACK ON MARKET 10/26 BUYER FINANCING FAILED What a great start to Homeownership or to build your portfolio!!! This beautifully renovated 2 bedroom 2 FULL bath town home (END UNIT) QUALIFIES for 100% financing & DPA programs. Close to shopping, restaurants & entertainment in both Memphis & Desoto County...this would make the PERFECT home or investment! Downstairs features a family room with a cozy

    Tijuana Wallace Keller Williams

    4195 Cedartree Dr, Memphis, TN 38141
  • /10

    $172,000

    • 10 Beds
    • 3,301 Sq Ft

    488 Laclede Ave, Memphis, TN 38126

    Well kept and effecient 10 bedroom rooming house. Currently vacant but sellers have tenants on stand by.

    Christopher Batts C21 Patterson & Assoc. Real Es

    488 Laclede Ave, Memphis, TN 38126
  • /9

    $119,900

    • 3 Beds
    • 1.5 Baths
    • 985 Sq Ft

    3679 Glenburee Cove, Memphis, TN 38109

    Instant cash flow, zero hassle. This fully renovated 3BR/1.5BA home is truly turnkey with major upgrades throughout—new HVAC, fresh paint inside and out, updated kitchen and baths, new flooring, and improved systems for low-maintenance ownership. Professionally managed and already leased at $992/month through 7/31/26, delivering reliable income from Day 1. Buy today, get paid tomorrow. Perfect

    Will Morgan Marathon REALTORS, LLC

    3679 Glenburee Cove, Memphis, TN 38109
  • /13

    $117,500

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

    449 Fernwood Ave, Memphis, TN 38106

    INVESTORY ONLY! Tenant occupied and professionally managed home. This could be a great addition to your investment portfolio. Currently rent for $1470/mo with a $1395 deposit on file. Lease ends 3/31/26. Large home. Many homes in this area are being rehabbed and sold for more money. Lease, ledger, and payment/repair history are available upon request. Do not approach or disturb tenant. No

    Tyler Tapley Crye-Leike, Inc., REALTORS

    449 Fernwood Ave, Memphis, TN 38106
  • /12

    $129,900

    • 3 Beds
    • 1.5 Baths
    • 922 Sq Ft

    2955 Lake Park Rd, Memphis, TN 38127

    This move-in-ready home offers a great opportunity for both investors and owner-occupants. Situated on a desirable corner lot, the property is conveniently located just minutes from major employment centers, including the Amazon and Nike facilities. New construction across the street highlights ongoing growth and reinvestment in the surrounding area, adding to the long-term appeal of this

    Jackson Gillihan Coldwell Banker Collins-Maury

    2955 Lake Park Rd, Memphis, TN 38127
  • /36

    $160,000

    • 2 Beds
    • 2 Baths
    • 1,338 Sq Ft

    5013 Scheibler Rd Unit C1, Memphis, TN 38128

    A rare chance to own one of the cottages at Lutheran Village. This condo community is for residents 55 yrs and older. HOA fee includes 6 dinners a month with the option for add on meals, basic cable, 1 cleaning every other week, Shuttle to and from grocery store. Owner's amenities include access to fitness area, beauty shop, and guest room. There is a flex room that could be used as a 3rd bedroom

    Amanda Kirkman KAIZEN Realty, LLC

    5013 Scheibler Rd Unit C1, Memphis, TN 38128
  • /20

    $120,684

    • 3 Beds
    • 2 Baths
    • 1,488 Sq Ft

    1910 Whitney Ave, Memphis, TN 38127

    Beautifully Renovated & Move-In Ready – 1910 Whitney Welcome to 1910 Whitney, a beautifully renovated home offering modern updates and comfortable living. This property has been thoughtfully upgraded with fresh paint, updated flooring, improved lighting, and stylish fixtures throughout. The kitchen has been renovated with modern finishes, providing a great space for everyday living and

    Shaneathia Armstrong C21 Patterson & Assoc. Real Es

    1910 Whitney Ave, Memphis, TN 38127
  • /23

    $130,000

    • 2 Beds
    • 1 Bath
    • 759 Sq Ft

    2881 Tutwiler Ave, Memphis, TN 38112

    Extensively rebuilt and taken down to the frame, this home features all new major systems — including roof, HVAC, electrical, and plumbing. The original brick exterior preserves its character while everything inside is brand new. This beautifully designed 2-bedroom, 1-bath offers a modern kitchen with new appliances throughout. Enjoy a spacious backyard with a brand-new fence and metal gate for

    Gloria De Leon Fast Track Realty, LLC

    2881 Tutwiler Ave, Memphis, TN 38112
  • /2

    $140,000

    • 4 Beds
    • 2 Baths
    • 1,592 Sq Ft

    3264 Yale 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 after offer acceptance. DO NOT DISTURB TENANTS

    Kim Harper Groome & Co.

    3264 Yale Ave, Memphis, TN 38112
  • /4

    $150,000

    • Land
    • 1.43 Acres
    • $104,895 per Acre

    10972 U S Highway 64, Arlington, TN 38002

    BACK ON THE MARKET. For sale is the total of 1.43 acres for the lots located at 10972 and 10982. The property was rezoned as general commercial. There is about 261 feet of road frontage. Electrical and water are at the street. Soil map has been done for septic permit application.

    Elena Holcomb John Green & Co., REALTORS

    10972 U S Highway 64, Arlington, TN 38002
  • /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
  • /2

    $159,900

    • 4 Beds
    • 2 Baths
    • 1,742 Sq Ft

    2629 Tutwiler Ave, Memphis, TN 38112

    Fantastic investment opportunity in the Shelby area. This 4br/2 bath Duplex is in the 38112 area. Unit 2629 occupied for $848/month. Unit 2631 is vacant. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    2629 Tutwiler Ave, Memphis, TN 38112
  • /32

    $150,000

    • 3 Beds
    • 1.5 Baths
    • 1,354 Sq Ft

    1343 Dove St, Memphis, TN 38127

    1% CASH FLOW- ONE YEAR BUILDER WARRANTY . RENTED MHA $1450.00- 3 BR 2 Bath home fully renovated in 2025- New roof, exterior paint, new floors, bathrooms, and kitchen, LVT and tile flooring, new condenser, new furnace, hot water heater, lighting, and fixtures. Can be sold as a pkg with the following MLS listings: 10212251, 10212253, 10212254, 10212255. Some photos are staged. No owner finance or

    Brett Bernard The Stamps Real Estate Company

    1343 Dove St, Memphis, TN 38127
  • /8

    $114,000

    • 3 Beds
    • 1 Bath
    • 1,023 Sq Ft

    1560 Delano Ave, Memphis, TN 38127

    INVESTORS ONLY! MULTIPLE PROPERTY PORTFOLIO Seller prefers bulk offers but will look at individual offers. Tenant occupied property available for sale. Professionally managed by Foundation Property Management. Lease and ledger available upon request. Currently rented for $950/month through 10/30/2027. No creative or owner financed offers. No wholesalers or assignments. Do not disturb or approach

    James Wachob Foundation Property Management

    1560 Delano Ave, Memphis, TN 38127
  • /27

    $150,000

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

    2663 Central Terrace Unit 30, Memphis, TN 38111

    Welcome to a prime unit in Villas at Chickasaw Condominiums, your secure, gated retreat in the heart of Midtown just minutes from the Liberty Bowl Stadium, U of M, and CBU! This stylish condo is designed for modern living. The main level boasts an open-concept living and dining area, complemented by a stunning kitchen featuring a central island, stainless steel appliances, updated lighting, and a

    MeYucca Rayner Crye-Leike, Inc., REALTORS

    2663 Central Terrace Unit 30, Memphis, TN 38111
  • /8

    $120,900

    • 3 Beds
    • 1 Bath
    • 1,146 Sq Ft

    4511 Sumners Wells Rd, Memphis, TN 38118

    Great 3-bedroom 2 bath home with great price. A must see.

    Fred Sengstacke KAIZEN Realty, LLC

    4511 Sumners Wells Rd, Memphis, TN 38118
  • /14

    $139,900

    • 4 Beds
    • 2 Baths
    • 1,647 Sq Ft

    2721 Nix Cove, Memphis, TN 38127

    Recent rehab in past 2 years. Tenant occupied currently rented for $1,395 month. Valid lease until 9/26. Pictures are after rehab and before tenant. Great turn key rental.

    Joe King Marathon REALTORS, LLC

    2721 Nix Cove, Memphis, TN 38127
  • /9

    $124,000

    • 4 Beds
    • 2 Baths
    • 1,227 Sq Ft

    3569 Russelwood Dr, Memphis, TN 38128

    Great opportunity in Timber Lake Subdivision! This 4 bedroom, 2 bath home offers a functional layout with lots of potential. Whether you're a owner occupant ready to add a few splashes and personal touches to make this home your own or a investor looking for your next opportunity, this property presents great possibilities! This home is being sold in as is condition.

    Fredrick Cunningham Keller Williams

    3569 Russelwood Dr, Memphis, TN 38128
  • /34

    $174,000

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

    516 E Raines Rd, Memphis, TN 38109

    6-bed, 2.5-bath home in Whitehaven with tons of potential! The main house offers 4 beds, 1.5 baths, updated front windows, and a 2-year-old roof. Enjoy a spacious in-and-out front driveway and a huge backyard. The separate in-law suite features 2 beds, 1 full bath, LR, kitchen, its own address, and private parking pad. Sq Ft is estimated so buyer must do own due diligence. Previously used as a

    Lucinda George BenchMark REALTORS, LLC

    516 E Raines Rd, Memphis, TN 38109
  • /28

    $200,000

    • 3 Beds
    • 2 Baths
    • 1,304 Sq Ft

    1253 S Barksdale St, Memphis, TN 38114

    This charming Tudor-style bungalow has been perfectly renovated and sits just blocks from Cooper-Young’s restaurants, breweries, and boutiques. Step through the inviting covered porch into the living room with arched doorways, refinished hardwood floors, and a gas fireplace. The remodeled kitchen showcases white shaker cabinets, granite countertops and stainless steel appliances. Stylish updated

    Meredith Vezina Keller Williams

    1253 S Barksdale St, Memphis, TN 38114
  • /4

    $190,000 New Construction

    • 3 Beds
    • 2 Baths
    • 1,157 Sq Ft

    2742 Frisco Ave, Memphis, TN 38114

    Jonathan Minerick homecoin.com

    2742 Frisco Ave, Memphis, TN 38114
  • /2

    $170,000

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

    3421 Adrick Rd, Memphis, TN 38128

    PACKAGE SALE. THREE properties. DRIVE-BY ONLY!!! No sign on properties. TENANT RIGHTS. DO NOT DISTURB TENANTS!!! Package includes 3711 Wolf Trail Dr, 3421 Adrick Rd and 4243 Sunnyslope. All properties rented & occupied. Total purchase price is $415,000. Combined monthly rent collected $3140. Text or call listing agent for more details. Properties NOT being sold separately. No showings without an

    Brook Loper 901 Properties

    3421 Adrick Rd, Memphis, TN 38128
  • /9

    $145,000

    • 3 Beds
    • 1.5 Baths
    • 1,127 Sq Ft

    5207 Breckenwood Dr, Memphis, TN 38127

    1% CASH FLOW- ONE YEAR BUILDER WARRANTY and TENANT PLACEMENT. MHA RENT $1500.- 3 BR 1.5 Bath home fully renovated- new roof, exterior paint, bathrooms and kitchen, new condenser, new furnace, hot water heater, lighting, and fixtures. Can be sold as a pkg with the following MLS listings: 10212251, 10212252, 10212253, 10212255. No owner finance or wholesalers. Home is currently vacant- contact

    Brett Bernard The Stamps Real Estate Company

    5207 Breckenwood Dr, Memphis, TN 38127
  • /15

    $165,000 New Construction

    • 3 Beds
    • 2 Baths
    • 1,030 Sq Ft

    820 Semmes St, Memphis, TN 38111

    Tammy Coleman Legendary Realty

    820 Semmes St, Memphis, TN 38111
  • /22

    $129,900

    • 4 Beds
    • 2 Baths
    • 1,769 Sq Ft

    645 Mcwhirter Ave, Memphis, TN 38127

    Wonderful Duplex that is currently Vacant. NO CITY TAXES. ONLINE VIDEO AVAILABLE UPON REQUEST. This can be a great investment property for you. Could also live on one side and rent the other if wanted. Market rent is $900/side. Tenants pay all utilities. Each unit has new paint and is in rent-ready condition. RARE OPPERTUNITY (Not many duplexes in this area, can generate a lot of positive

    Tyler Tapley Crye-Leike, Inc., REALTORS

    645 Mcwhirter Ave, Memphis, TN 38127
  • /8

    $120,500

    • 2 Beds
    • 2 Baths
    • 1,092 Sq Ft

    706 Lester St, Memphis, TN 38112

    Turnkey rental in Binghampton ready to be added to your portfolio! 1br units each side, both vacant but were leased at $600/mo! Minutes away from Overton Park, tons of shopping, dining and amenities along Summer and Broad Ave, also easy access to I-40. Please don’t disturb tenants and make all offers contingent upon inspection.

    Duane Kinnard Tri-Leake Realty

    706 Lester St, Memphis, TN 38112
  • /30

    $134,900

    • 4 Beds
    • 1.5 Baths
    • 1,044 Sq Ft

    3860 Castleman St, Memphis, TN 38118

    This lovely 4-bedroom, 1.5 -bath ranch-style home greets you with a large front yard and inviting curb appeal. Inside, you'll find a comfortable layout ideal for everyday living. Perfect for first-time buyers or anyone seeking single-story convenience, this home blends comfort, charm, and modern touches.

    Alexis Martz Trelora Realty

    3860 Castleman St, Memphis, TN 38118
  • /10

    $105,000

    • 3 Beds
    • 2 Baths
    • 1,340 Sq Ft

    2888 Mercer Dr, Memphis, TN 38127

    Property is being sold in an as is condition, and the condition is unknown and may include defects, possible health or safety hazards, or debris, or be located in a Special Flood Hazard Area. Proof of Funds Required. The seller requires that the high bidder be able to demonstrate proof of funds or financing pre-qualification within 24 hours of the auction. Buyer must obtain a pre-qualification

    JERRY EMERSON KING Williams & Williams Real Estate Auctions

    2888 Mercer Dr, Memphis, TN 38127
  • /2

    $170,000

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

    803 Shotwell St, Memphis, TN 38111

    Great Investment Opportunity near University of Memphis. Covered Parking. No showings until the home is under contract. Make offer contingent on inspection. Current tenant paying $1,000/mo..

    Danny Lipsey Keller Williams

    803 Shotwell St, Memphis, TN 38111
  • /15

    $174,900

    • 3 Beds
    • 1.5 Baths
    • 1,220 Sq Ft

    1188 Garden Rd, Memphis, TN 38134

    Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No blind offers and no wholesaler or assignment of contract offers will be accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    1188 Garden Rd, Memphis, TN 38134
  • /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
  • /13

    $144,900

    • 3 Beds
    • 2.5 Baths
    • 1,574 Sq Ft

    443 N Highland St Unit 2, Memphis, TN 38122

    Discover a great opportunity in East Memphis. This 3 bedroom, 2.5 bath unit at 443 Highland St Apt 2 is being sold as-is and is ready for your updates and personal touch. Located within 10 minutes from the Liberty Bowl, U of M, and Cooper-Young, this property offers unbeatable convenience. Perfect for anyone looking to add instant equity. Don’t miss it!

    Joshua Moss KAIZEN Realty, LLC

    443 N Highland St Unit 2, Memphis, TN 38122
  • /30

    $114,900

    • 3 Beds
    • 1.5 Baths
    • 1,306 Sq Ft

    3270 Frayser View Dr, Memphis, TN 38127

    Welcome to 3270 Frayser View Dr in Memphis, TN! This one-story home features 3 comfortable bedrooms and 1.5 bathrooms, offering a practical and inviting layout. Enjoy both a spacious living room and a separate family room, perfect for entertaining, relaxing, or creating flexible living spaces. The single-level design makes everyday living easy and accessible.

    Alexis Martz Trelora Realty

    3270 Frayser View Dr, Memphis, TN 38127
  • /4

    $185,000

    • Land
    • 0.91 Acre
    • $203,297 per Acre

    7999 Club Center Dr, Memphis, TN 38016

    Prime Commercial Lot in High-Traffic Cordova Location! Excellent opportunity to own a high-visibility commercial lot in the heart of Cordova! This prime piece of real estate is perfectly situated across the street from a bustling retail shopping center, Cordova Skating Center, Cordova Bowling Center, and Raleigh Tire Auto Service—ensuring maximum exposure and foot traffic for your future

    Audrey Davis REMAX Experts

    7999 Club Center Dr, Memphis, TN 38016
  • /2

    $196,000

    • 3 Beds
    • 1 Bath
    • 1,199 Sq Ft

    1744 Dearing Rd, Memphis, TN 38117

    This home blends classic charm with modern updates. This property has a living room and a bonus family room. The primary bedroom is a nice retreat, and the two additional bedrooms provide versatility for guests, home office, or a personal gym. Enjoy outdoor living in the spacious backyard, where the covered side patio offers a nice gathering spot. Perfect for families or investors

    Dawn Kinard Welch Realty, LLC

    1744 Dearing Rd, Memphis, TN 38117
  • /11

    $130,000

    • 4 Beds
    • 1.5 Baths
    • 1,481 Sq Ft

    556 Melton Ave, Memphis, TN 38109

    Welcome to 556 Melton Avenue, a spacious 4-bedroom, 1.5-bath home offering comfort and functionality. The property features hardwood and tile flooring throughout, central heat and air with climate control, and window coverings. The kitchen includes a vent-a-hood, and the home also offers a fenced yard for outdoor enjoyment. Don't miss out! TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO

    James Wachob Foundation Property Management

    556 Melton Ave, Memphis, TN 38109

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