Memphis, TN Homes under $200,000

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  /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
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  /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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  /11

  $125,000

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

  4219 Coventry Dr, Memphis, TN 38127

  Back on the market at no fault of the seller! Beautiful 3BR/2BA Home, fully renovated. Gorgeous Stone Fireplace in Great Room, hardwood floors and neutral colors throughout. Huge backyard with a 220-Wired Workshop for extra storage. Front and back yard gated. A must see, won't last long! Qualifies for Down Payment Assistance up to $25,000!!!

  Lavertra Stewart C21 Patterson & Assoc. Real Es

  4219 Coventry Dr, Memphis, TN 38127
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  /12

  $179,000

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

  3393 Brownbark Dr, Memphis, TN 38115

  This is a great home for first time home buyer. All buyers welcome.

  Michelle Hayes Thomas Hayes Homes and Realty, Inc

  3393 Brownbark Dr, Memphis, TN 38115
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  /14

  $180,000

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

  5028 Elton Cove, Memphis, TN 38109

  NEW PRICE ADJUSTMENT! Charming Move in Ready Home with 3 bedrooms and 2 baths. Spacious living room w/fireplace. Remodeled Bathroom & Kitchen, new light fixtures. Tenant occupied. Tenants are on a month to month payment. Please do not disturb the tenants. Showings by appointment only.

  Vuanita Jones-McArthur BEST Real Estate Company

  5028 Elton Cove, Memphis, TN 38109
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  /17

  $155,000

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

  4227 Bayliss Ave, Memphis, TN 38108

  If you are looking to expand your investment portfolio look no further! With 3 bedrooms and 2 full baths it would make a great owner occupant home as well! Special financing options apply! Seller offering concessions to all qualified buyers! What an opportunity!

  Dana Whitworth Crye-Leike, Inc., REALTORS

  4227 Bayliss Ave, Memphis, TN 38108
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  /8

  $125,000

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

  1382 Mary Jane Ave, Memphis, TN 38116

  Welcome to 1382 Mary Jane Avenue, Memphis, TN 38116! This charming 3-bedroom, 1-bath home offers comfortable living with stylish updates and solid investment potential. Enjoy hard surface flooring throughout, a bright and airy living area, and a modern kitchen featuring large shaker cabinets. Central heat and air provide year-round comfort, while the spacious, fully fenced backyard is perfect for

  James Wachob Foundation Property Management

  1382 Mary Jane Ave, Memphis, TN 38116
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  /13

  $175,900

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

  839 Woodlawn St, Memphis, TN 38107

  BRING ALL OFFERS! Price Improvement! Find your haven in this meticulously maintained home, showcasing 2 spacious bedrooms with plush carpet, walk-in closets, and beautiful hardwood floors in common areas. With its abundance of natural light from expansive windows, a fenced in yard, covered patio and an inviting wrap around front porch, this home is the ultimate retreat for relaxation and

  Andriona Thomas Renshaw Company, REALTORS

  839 Woodlawn St, Memphis, TN 38107
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  /22

  $166,000

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

  3831 Hermitage Dr, Memphis, TN 38116

  Discover comfort and charm in this beautifully maintained 3-bedroom, 2-bath home nestled in a quiet, established neighborhood. Featuring spacious living areas, original hardwood floors, and an updated kitchen, this home offers both character and functionality. Enjoy a large backyard perfect for entertaining or relaxing evenings. Conveniently located near schools, shopping, and major highways—this

  Marquis Jones KAIZEN Realty, LLC

  3831 Hermitage Dr, Memphis, TN 38116
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  /15

  $165,000

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

  760 E Mckellar Ave, Memphis, TN 38106

  Newly renovated in 2024, this 3 bedroom/ 2 full bath home is a MUST SEE! A yard lover's dream with plenty of room for backyard entertaining or patio relaxation. Great for 1st time homebuyers or investors. Tenant occupied until August 2025 @ $1200/mth. Please do not disturb the tenant. Call agent for showings prior to August 2025. Sentrilock Box will be available August 2025, appointments through

  Toyraine Smith Grand Point Realty, LLC

  760 E Mckellar Ave, Memphis, TN 38106
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  /9

  $109,900

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

  3421 Piney Woods Ave, Memphis, TN 38118

  3 bedroom 1 bath home in East Whitehaven Park being sold as-is. 10 min from the Memphis internation Airport and FedEx. 15 min from Graceland. Solid bones, needs TLC.

  Jason Miller eXp Realty, LLC

  3421 Piney Woods Ave, Memphis, TN 38118
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  /12

  $169,000

  • 1 Bed
  • 1 Bath
  • 600+ Sq Ft

  92 S Main St Unit 202, Memphis, TN 38103

  Live in the heart of downtown Memphis! This stylish 1-bedroom, 1-bath condo offers unbeatable access to the city’s best attractions—just a short walk to the Orpheum, Beale Street, FedEx Forum, museums, restaurants and DGX grocery store. Inside, enjoy brand-new exotic acacia engineered wood flooring with upgraded subflooring, fresh paint, and a stunning brick accent wall with views over South

  Elizabeth Fair Bryan Realty Group

  92 S Main St Unit 202, Memphis, TN 38103
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  /15

  $166,000

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

  4335 N Grand Cedar Ln, Memphis, TN 38128

  Spacious three-bedroom, two-bathroom ranch located in the Cedar Ridge Plantation neighborhood of Memphis. This home features a larger floorplan than most in the area, offering ample potential for customization. The living room includes a cozy fireplace, and the kitchen is equipped with black appliances. Being sold as-is, this property is perfect for investors or buyers looking to add personal

  Robert Salmons Entera Realty

  4335 N Grand Cedar Ln, Memphis, TN 38128
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  /29

  $195,500

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

  839 Garland St, Memphis, TN 38107

  Welcome Home!! This cute bungalow style home has been beautifully remodeled and is just a rock throw from Crosstown Concourse and minutesaway from downtown and midtown. Refinished original hardwood floors, updated bathroom, central HVAC, roof, and hot water tank are amongst some of the manyrecent repairs. This 3Bed/1Bath with separate living & dining rooms, screened in porch, and a detached

  Darius Basken Keller Williams

  839 Garland St, Memphis, TN 38107
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  /31

  $144,900

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

  4472 Cedar Ridge Ln, Memphis, TN 38128

  Spacious and inviting 3 bedroom, 2 bath home featuring generously sized rooms and a versatile, open layout. Neutral colors throughout offer a clean, modern backdrop ready for your personal touch. Low-maintenance flooring in main living areas provides both durability and style. The kitchen boasts ample countertop space, perfect for meal prep, entertaining, or everyday living. A comfortable,

  Camela Henke Enterprise, REALTORS

  4472 Cedar Ridge Ln, Memphis, TN 38128
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  /2

  $129,900

  • 3 Beds
  • 1 Bath
  • 1,400+ 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 rental amount of $1,250/month. Currently on month to month. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  2714 Nix Cove, Memphis, TN 38127
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  /8

  $117,900

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

  1869 S Lauderdale St, Memphis, TN 38106

  Turnkey Investment Opportunity! This beautifully updated single-family home is leased to a dependable long-term tenant at $1,000/month through June 2026. Renovations completed in April 2022 include a brand new roof, AC condenser, furnace & A-coil, water heater, plus a modern kitchen and remodeled bathrooms. Professionally managed with well-documented maintenance and tenant history. Showings with

  Jeremy Veldman KAIZEN Realty, LLC

  1869 S Lauderdale St, Memphis, TN 38106
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  /19

  $109,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4264 Double Tree Rd, Memphis, TN 38109

  Perfect for investor or homebuyer . Beautifully renovated 3bed, 1bath gem on a large corner lot, perfect for homebuyers or investors. Step into move in ready living with a bright open layout, updated kitchen, and modern finishes throughout. The oversized yard offers endless potential for entertaining, gardening, or future expansion. Located in a quiet, convenient neighborhood close to schools,

  Cali Neal KAIZEN Realty, LLC

  4264 Double Tree Rd, Memphis, TN 38109
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  /3

  $129,900

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

  3465 Spottswood Ave, Memphis, TN 38111

  Terrific investment opportunity! Professionally managed and tenant occupied home for sale. Hard to find 3 bedroom 2 bathroom home with bonus room (at this price point). Currently rented for $950/mo with a $950 security deposit on file (rental upside since it is a 3/2 with a bonus room). Lease ends 2/28/26. Home is steps away from the University of Memphis and is a great long term hold. Values

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3465 Spottswood Ave, Memphis, TN 38111
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  /10

  $135,000

  • 1 Bed
  • 1 Bath
  • 1,306 Sq Ft

  1450 Oaklawn St, Memphis, TN 38114

  DUPLEX! RENTED BOTH SIDES- $1425.00. Duplex in growing 38114. New roof, Exterior Paint, New wood fence, HVAC condensers, Full interior remodel, New Kitchen and Bath. Excellent addition to your rental portfolio, excellent cash flow.

  Brett Bernard The Stamps Real Estate Company

  1450 Oaklawn St, Memphis, TN 38114
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  /8

  $185,000

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

  269 Looney Ave, Memphis, TN 38107

  Downtown Home. This home is a gem. All bedrooms are on the main level. Washer, Dryer, Electric Stove, Microwave, Refrigerator, Dishwasher, carpet, tiled floors in kitchen and baths. Downtown location close to Harbor Town, FedEx Forum, Redbirds, St. Jude, and all of the Midtown entertainment!

  Major Smith Deberry-Smith Realty LLC

  269 Looney Ave, Memphis, TN 38107
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  /13

  $100,900

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

  5130 Pickett Cove, Memphis, TN 38109

  Welcome to 5130 Pickett Cove—a warm and inviting 3-bedroom, 1-bath single-family home nestled in a quiet, friendly neighborhood in Memphis, TN 38109. This well-kept residence offers a comfortable layout with classic hardwood floors, climate control with air conditioning and heat, and window coverings throughout. Additional features include a carport, mirrors, and stylish interior touches. Whether

  James Wachob Foundation Property Management

  5130 Pickett Cove, Memphis, TN 38109
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  /7

  $125,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3276 Ashland St, Memphis, TN 38127

  Status: Fully rehabbed and ready for tenants, this property features freshly painted gray porch and stairs, driveway crack repair, cleared landscaping, and fence and stump removal. Exterior wood, lighting, and crawl space fencing have been repaired. Inside, enjoy all-new flooring with subfloor repairs, drywall and cabinet updates, door and window lock repairs, and painted/tuned kitchen cabinets.

  James Wachob Foundation Property Management

  3276 Ashland St, Memphis, TN 38127
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  /6

  $189,900

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

  4603 Deer Valley Rd, Memphis, TN 38109

  Fully modernized, cash flowing property. This updated property features new security doors, mailbox, and light fixtures, full exterior paint (excluding brick), new shutters, wood and siding repairs, and fresh landscaping with mulch, flower beds, and debris removal. A new 30-year roof with drip edge has been installed, along with concrete crack repairs and pressure washing. Interior highlights

  James Wachob Foundation Property Management

  4603 Deer Valley Rd, Memphis, TN 38109
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  /22

  $140,000

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

  686 Looney Ave, Memphis, TN 38107

  This 2 bed, 1 bath home delivers the perfect mix of comfort, location, and long-term value just one minute from the heart of Downtown Memphis. Whether you're a first-time buyer or working at St. Jude or Bass Pro, this home places you right in the path of growth. With new construction, restaurants, and major development all around, the area is rapidly transforming. Built with quality materials and

  Sabaria Dean Fast Track Realty, LLC

  686 Looney Ave, Memphis, TN 38107
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  /7

  $115,000

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  4503 Beacon Hill Dr, Memphis, TN 38127

  Welcome to 4503 Beacon Hill Drive! This tenant-occupied 3-bedroom, 1-bath home features hard surface flooring throughout, a spacious living area, and a modern kitchen with large shaker cabinets. All bedrooms are on one level, with a separate dining area and central heat and air for year-round comfort. Enjoy a large fenced backyard and a driveway pad for off-street parking. Perfect for a first

  James Wachob Foundation Property Management

  4503 Beacon Hill Dr, Memphis, TN 38127
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  /23

  $159,000

  • 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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  /13

  $195,000

  • 4 Beds
  • 2,460 Sq Ft

  877 Polk Ave, Memphis, TN 38126

  Investor special on this 4plex offers an excellent investment opportunity. Each unit features 1 bedroom and 1 bathroom, with standard renovations completed to make the property rent-ready. The property is being sold as-is and can be delivered vacant, providing flexibility for the new owner. Previously appraised for $215k and is back on the market due to no fault of the seller. Currently, one unit

  Cali Neal KAIZEN Realty, LLC

  877 Polk Ave, Memphis, TN 38126
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  /9

  $125,000

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

  3789 Fairoaks Ave, Memphis, TN 38122

  MULTIPLE PROPERTY PORTFOLIO CAN ONLY BE BOUGHT IN BULK, TOTAL PRICE IS 439.5K Four investment properties available. Seller is seeking bulk offers. 3218 Thirteen Colony Mall #1A -- 3 beds, 2.1 baths, currently vacant, recent repairs, in good condition, hoa is $225/mo. 1936 Frisco -- 3 beds, 1 bath, new roof and hvac in 2021, currently rented for $795/mo. lease is MTM. 3789 Fairoaks -- 4 beds, 1

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3789 Fairoaks Ave, Memphis, TN 38122
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  /9

  $119,900

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

  1318 Glenn St, Memphis, TN 38106

  Welcome to your dream home reimagined! This beautifully remodeled residence blends modern elegance with timeless charm, offering the perfect balance of comfort, style, and functionality. Featuring 3 bedrooms and 2 full bathrooms. New flooring, Cabinets, all updated bathrooms and much more. Schedule a showing today!

  Ali Nawaz KAIZEN Realty, LLC

  1318 Glenn St, Memphis, TN 38106
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  /19

  $119,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  559 Hemsley Ave, Memphis, TN 38109

  Wonderful 3 bedroom 1 bathroom home with covered parking being offered at a great price. Home is in MOVE-IN CONDITION and has been well maintained. Tons of updates and special features including luxury vinyl plank flooring, new interior paint, updated kitchen and bathroom, plus gas cooking, etc. Seller open to helping with closing costs, providing a home warranty, and purchasing a brand new

  Tyler Tapley Crye-Leike, Inc., REALTORS

  559 Hemsley Ave, Memphis, TN 38109
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  /18

  $117,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3026 Johnson Ave, Memphis, TN 38112

  Lovely three bed one bath home with plenty of updates in MOVE-IN CONDITION. Exterior has low maintenance brick exterior plus security doors and small backyard (perfect for pets). The kitchen has been thoughtfully updated with newer cabinets and stainless steel appliances. The interior has an updated bathroom, luxury vinyl plank flooring, new interior paint, plus central heating and air. FHA/

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3026 Johnson Ave, Memphis, TN 38112
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  /18

  $150,000

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

  2304 Longstreet Dr, Memphis, TN 38114

  Great Starter Home Opportunity! Discover the potential of this charming 3-bedroom, 2-bathroom single-family home nestled in the Parkway Woods neighborhood of Memphis. Situated on an expansive 11,325 sq ft lot, this property offers ample space for outdoor activities and future enhancements.This home boasts hardwood and tile flooring throughout, providing a warm and inviting atmosphere. The

  Richard Tatum C21 Patterson & Assoc. Real Es

  2304 Longstreet Dr, Memphis, TN 38114
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  /19

  $169,000

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

  3157 Johnson Ave, Memphis, TN 38112

  Welcome to this beautifully updated single-family ranch-style home, offering comfort, charm, and modern touches throughout. This inviting residence features spacious kitchen w/attractive countertops, modern cabinetry, and lovely LVP flooring. Sizeable bedrooms w/ceiling fans offer plenty of room and additional storage space. Primary bedroom features private bath. Step outside to a generously

  Christopher Stjernholm Trelora Realty

  3157 Johnson Ave, Memphis, TN 38112
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  /24

  $119,900

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

  475 N Highland St Unit 10J, Memphis, TN 38122

  Brilliant 10th floor Northwest facing condo with balcony that overlooks both the condo's pool and Chickasaw Country Club. Balcony accessible from both the living room and the second bedroom. All new paint in this 2 bedroom, 2 bath unit on the 10th floor of the unique Fairway Towers. Complex includes a swimming pool, gym, and grilling areas around pool deck. Each unit has a storage closet in the

  Donnie Morrow eXp Realty, LLC

  475 N Highland St Unit 10J, Memphis, TN 38122
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  /2

  $119,900

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

  1975 Wellons Ave, Memphis, TN 38127

  Fantastic investment opportunity in the Shelby area. This 3br/2 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $1,100/month. The lease ends on 01/30/2026. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  1975 Wellons Ave, Memphis, TN 38127
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  /7

  $149,900

  • 2 Beds
  • 1 Bath
  • 1,344 Sq Ft

  961 N Highland St, Memphis, TN 38122

  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

  961 N Highland St, Memphis, TN 38122
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  /3

  $100,000

  • Land
  • 0.71 Acre
  • $140,845 per Acre

  707 Craft Rd, Memphis, TN 38116

  Prime opportunity in Memphis! This .717-acre corner lot at 707 Craft Road offers excellent visibility and access—perfect for a variety of potential uses. Zoned for residential or possible commercial development (buyer to verify), this spacious parcel is ideal for a custom home, duplex, small business, or even a community-focused project like a daycare or place of worship. Located in an

  Romond McClinton Crye-Leike, Inc., REALTORS

  707 Craft Rd, Memphis, TN 38116
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  /7

  $195,000

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

  2980 Ridgeway Rd, Memphis, TN 38115

  Spacious and well-located, this 4-bedroom, 2-bath home in the heart of Hickory Hill offers nearly 2,000 sq ft of living space and perfect for families or investors looking to invest in an area with strong rental demand being located approximately 5 miles from the Fed Ex headquarters. New AC unit going in!

  Ashley Claunch Premier Realty Group, LLC

  2980 Ridgeway Rd, Memphis, TN 38115
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  /25

  $115,000

  • 1 Bed
  • 1 Bath
  • 100+ Sq Ft

  109 N Main St Unit 808, Memphis, TN 38103

  Live in the heart of downtown Memphis at the historic Claridge House on North Main! This cozy studio condo offers stunning north-facing views of the city skyline and the iconic Pyramid. Enjoy a bright, open layout with updated modern lighting, a stylish backsplash, and brand-new kitchen appliances. The building is rich in amenities, including an indoor pool, rooftop patio with grills and dining

  Donnie Morrow eXp Realty, LLC

  109 N Main St Unit 808, Memphis, TN 38103

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