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Memphis, TN Homes for Sale under $200,000

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  • /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
  • /10

    $115,000

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

    693 Bonwood Ave, Memphis, TN 38109

    Beautiful brick home on corner lot for sale in Whiteahven. Wood and tile flooring throughout. Central heat and air with gas cooking. Large corner lot with chain link fence. Stove and fridge included but not warranted. Lease signed for $1025 per month November 1st move in.

    Jimmy Kennedy KAIZEN Realty, LLC

    693 Bonwood Ave, Memphis, TN 38109
  • /5

    $195,900

    • Land
    • 1.7 Acres
    • $115,235 per Acre

    7846 Players Club Pkwy, Memphis, TN 38119

    PRICE DROP!

    Amy Alaina Diamond Properties, Inc.

    7846 Players Club Pkwy, Memphis, TN 38119
  • /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, the University of Memphis (U of M), and Christian Brothers University (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

    MeYucca Rayner Crye-Leike, Inc., REALTORS

    2663 Central Terrace Unit 30, Memphis, TN 38111
  • /11

    $135,000

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

    3286 Amselle Cir, Memphis, TN 38127

    This beautifully renovated home checks all the boxes for investors and residents alike. This property easily meets the coveted 1% rule, with tenants currently paying $1,400/month and the home listed at just $140,000. Inside, you’ll find tasteful updates throughout, including a modernized kitchen and a refreshed bathroom that add both style and functionality. Set on a quiet street, this home

    Stephanie Taylor Sowell, Realtors

    3286 Amselle Cir, Memphis, TN 38127
  • /7

    $159,900

    • 3 Beds
    • 2 Baths
    • 1,535 Sq Ft

    3547 Spottswood Ave, Memphis, TN 38111

    A great opportunity in the U of M area. Updated Duplex featuring a 2 bedroom 1 bath unit with washer and dryer connections as well as a one bedroom and one bath unit. The 1/1 is recently vacant, it could be a great way to live in one side and rent the other.

    Ashley Gillihan Coldwell Banker Collins-Maury

    3547 Spottswood Ave, Memphis, TN 38111
  • /18

    $120,000

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

    1839 S Orleans St, Memphis, TN 38106

    This property is currently tenant-occupied at $1,200 per month with no lease in place, and it can be delivered vacant or with the tenant in place at the buyer’s preference. Recent improvements include a new HVAC system 2023, a new hot water heater 2024 and an updated kitchen with new cabinets and countertops. The entire home has also been freshly painted inside and out, providing a clean and

    Arath Luevano Fast Track Realty, LLC

    1839 S Orleans St, Memphis, TN 38106
  • /23

    $142,500

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

    1370 Isabelle St, Memphis, TN 38122

    INVESTORS ONLY! Tenant occupied property currently rented at $1265 . Home is professionally managed (lease, ledger, repair history available). Seller just did a rent ready rehab in 2025. Home has a very nice floor plan, covered parking, brick exterior, plus it was rehabbed by the management company prior to the tenant moving inside in August 2025. This could be a great long term hold and a great

    Tyler Tapley Crye-Leike, Inc., REALTORS

    1370 Isabelle St, Memphis, TN 38122
  • /14

    $112,900

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

    4627 Crystal Springs Dr, Memphis, TN 38128

    Lovely 4 bedroom 1 & a half bathroom home that is being priced to sell. This home could actually be converted to a 5 bedroom home rather easily which would be an added bonus! Home needs repairs but could be worth a lot of money once fixed up. Many homes in this area are being rehabbed and sold for more money. Immediate occupancy available. ONLINE VIDEO AVAILABLE UPON REQUEST. Roof appears to be

    Tyler Tapley Crye-Leike, Inc., REALTORS

    4627 Crystal Springs Dr, Memphis, TN 38128
  • /18

    $160,000

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

    4563 Violet Ave, Memphis, TN 38122

    This Charming Single-Family home offers a smart investment or comfortable residence in a convenient Memphis location. The efficient floor plan maximizes living space, and the location places you moments from the Summer Ave, everyday shopping, schools, and major connectors for an easy commute. Currently rented for $1,000/month on a month-to-month lease, the property will be delivered vacant at

    Saber Alshoja Fast Track Realty, LLC

    4563 Violet Ave, Memphis, TN 38122
  • /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
  • /13

    $120,000

    • 4 Beds
    • 2 Baths
    • 1,200+ 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
  • /30

    $189,500

    • 2 Beds
    • 1 Bath
    • 1,075 Sq Ft

    4381 Janice Ave, Memphis, TN 38122

    Freshly updated 2 bed 1 bath home in Berclair. Nice functional kitchen with eat in space, door to carport & back screened in porch. Brand new carpet & LVP floors. New tile in Bathroom, New fixtures, fresh paint, lovely peaceful back yard - turn key! Excellent storage options in the back. Perfect home with ease of ownership. New appliances in kitchen (Range/Dishwasher). Lovely home inside and out.

    Andrew Magdovitz Rick Baer Realty

    4381 Janice Ave, Memphis, TN 38122
  • /11

    $179,900

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

    1328 Old Hickory Rd, Memphis, TN 38116

    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. Owner Agent.

    Dean Harris CrestCore Realty MphsBrokerage

    1328 Old Hickory Rd, Memphis, TN 38116
  • /5

    $118,500

    • 3 Beds
    • 1.5 Baths
    • 1,670 Sq Ft

    3382 Frayser School Dr, Memphis, TN 38127

    Solid 3-bedroom, 1.5-bath brick ranch built in 1957 with approximately 1,600 sq ft, featuring hardwood, tile and carpet floors, a carport, and a generous 0.38-acre lot in the vibrant Frayser neighborhood. TENANTED PROPERTY: DO NOT APPROACH OR DISTURB TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER. Leased through 1/31/2026 at $1,125/month.

    James Wachob Foundation Property Management

    3382 Frayser School Dr, Memphis, TN 38127
  • /14

    $120,000

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

    850 Carol Ann Cove, Memphis, TN 38127

    Welcome home to this charming 4-bedroom, 1-bath residence nestled in a quiet Memphis neighborhood. Offering both comfort and convenience, this property is ideal for first-time buyers, families, or investors looking for solid rental potential. Inside, you’ll find a functional layout with four spacious bedrooms, a bright living area, and a well-kept kitchen ready for your personal touch. Step

    Olena Chambers KAIZEN Realty, LLC

    850 Carol Ann Cove, Memphis, TN 38127
  • /16

    $134,900

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

    4188 Time St, Memphis, TN 38128

    Come add your personal touch to this super cute, well-maintained home! Offering 3 bedrooms & 1 full bath nestled on a great sized lot! This home features a separate living room, nice size kitchen with large eat-in area, and a separate laundry area. All appliances will stay!! French Doors in the breakfast area open to a small patio accompanied by a private, fenced backyard, fit for hosting some

    Terryn Offiong TOP Realtors & Associates LLC

    4188 Time St, Memphis, TN 38128
  • /30

    $139,000

    • 2 Beds
    • 2 Baths
    • 800+ Sq Ft

    6784 Quail Hollow Ct Unit 2, Memphis, TN 38120

    East Memphis Whispering Oaks Condo. 2 bedroom,2 bath upstairs unit. Ample size living room and dining room combination. Refrigerator, stove, washer, dryer included. Neighborhood swimming pool. Ideal location near restaurants, shopping, and the new Standard being built around the corner with more restaurants and shopping. Freshly painted and 2 year old HVAC. Easy to show.

    Harry Samuels Pinnacle Realty

    6784 Quail Hollow Ct Unit 2, Memphis, TN 38120
  • /20

    $150,000

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

    3393 Berea Rd, Memphis, TN 38109

    This gorgeous fully updated home has been thoughthfully renovated from top to bottom to reflect today's style. Brand new flooring, paint, and a stunning Kitchen featuring abundant cabinetry, eye catching butcher block countertops, and a whimsical backsplash. New appliances will be installed before closing and a new HVAC unit will be installed before closing. Perfect starter home or fantastic

    James Harvey Jr Keller Williams

    3393 Berea Rd, Memphis, TN 38109
  • /4

    $187,900

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

    1622 Beaver Trail Dr, Cordova, TN 38016

    Check out this 3 bedroom, 2 bath townhouse. Located in a quiet neighborhood in the heart of Cordova, this brick home has a lot of space for the bucks. Huge great room has cozy brick fireplace. Kitchen has lots of storage space! Master bedroom has walk-in closet! Neighborhood pool and tennis courts included! Don't miss this one before it sells! Bring all offer. Do not disturb tenant. Offer

    KC Lam Cordova Realty, Inc.

    1622 Beaver Trail Dr, Cordova, TN 38016
  • /10

    $165,000

    • 6 Beds
    • 4 Baths
    • 2,802 Sq Ft

    3754 Maple Leaf Cove, Memphis, TN 38115

    BACK ON THE MARKET! Investment opportunity in Memphis! This duplex offers 3 bedrooms and 1.5 bathrooms with durable vinyl flooring and stylish granite countertops. Property is currently leased. Please do not disturb tenants. Priced to sell, this is an excellent chance for investors or buyers seeking income potential in a strong rental market. Don’t miss out on this value-packed property!

    Marquis Jones KAIZEN Realty, LLC

    3754 Maple Leaf Cove, Memphis, TN 38115
  • /18

    $169,900

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

    1705 Port Oak Place Unit 1705, Memphis, TN 38120

    Welcome to this spacious 3-bedroom, 2-bathroom townhouse, located in Whispering Oaks Condominiums. Perfect as a primary residence or an investment opportunity, this home offers an inviting layout with wood laminate flooring on the main level, stainless steel appliances, large vaulted ceilings in the living area, and a convenient first-floor bedroom. Residents enjoy access to three community

    Court Satterfield Faith Management & Realty Grou

    1705 Port Oak Place Unit 1705, Memphis, TN 38120
  • /5

    $164,900

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

    3480 Cloudland Dr, Memphis, TN 38118

    Home has been renovated with new 30 year arc roof. New flooring, paint appliances. Ready to move in!

    Isaac Fisher Redkey Realty

    3480 Cloudland Dr, Memphis, TN 38118
  • /25

    $200,000

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

    2301 Rosehaven Ave, Memphis, TN 38127

    This Lovely home is Back on the Market. Financing fell through for the buyers opening your opportunity to own this Beautifully totally renovated 3 bedroom 2 full bath in a Mature 38127 Neighborhood. Home as been renovated From roof to floor waiting for you to call it home. Newly painted with hardwood and tile on the floors. Give me a call today for a tour. A virtual tour is available upon

    Rodney Porter Assured Real Estate Services

    2301 Rosehaven Ave, Memphis, TN 38127
  • /2

    $108,000

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

    3992 Brompton Rd, Memphis, TN 38118

    For Investors Only! Great addition to your rental portfolio! This property is tenant-occupied and generating $950/month in rental income with a lease secured through March 31, 2027. Long-term stability with no vacancies in sight. Please note: no wholesalers or creative financing. Showings available only with an accepted offer.

    Thomas Zettergren Premier Realty Group, LLC

    3992 Brompton Rd, Memphis, TN 38118
  • /19

    $180,000

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

    4351 Spring Oak Cove, Memphis, TN 38125

    Here's your chance to flip in an area that is HOT with investors and owner-occupants! Right in a school zone and only a mile from Costco and other major shopping, the location can't be beat. House had a tenant move out after 11 years, so it will need work - it will not go FHA/VA in its current condition. The house has been discounted to account for the work needed, but once it's refreshed, it

    Randall Weatherall Memphis Metro Realty

    4351 Spring Oak Cove, Memphis, TN 38125
  • /28

    $167,000

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

    3681 Natalie Dr, Memphis, TN 38128

    Welcome home to 3681 Natalie Dr! This charming 3-bedroom, 2-bath home features a bright and inviting living area, a spacious kitchen with plenty of storage, and a backyard perfect for gatherings. Conveniently located near shopping, schools and easy access to major highways, this home offers both comfort and convenience.

    Nyssa Kizer Regency Realty, LLC

    3681 Natalie Dr, Memphis, TN 38128
  • /23

    $155,000

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

    2388 Forest Ave, Memphis, TN 38112

    This charming Duplex is right across the street from Overton Park and Zoo! Each unit is 1bed 1bath (2bed, 2bath total). Unit #2388 is currently vacant, while Unit #2390 is rented for $750/mo. Property is professionally managed by Ryan Lubin (Lubin Property Management).. ONLINE VIDEO AVAILABLE UPON REQUEST. Home has hardwood floors, gas cooking, large backyard, and tons of other amenities. Seller

    Tyler Tapley Crye-Leike, Inc., REALTORS

    2388 Forest Ave, Memphis, TN 38112
  • /5

    $100,000

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

    4097 Mossville St, Memphis, TN 38109

    INVESTORS ONLY! Tenant occupied property. Charming 3 Bed 1Bath home that is currently rented at $841 per month. Home is professionally managed by a local property management company. This is a great investment property to add to any portfolio. Seller is also selling 3271 Morningside ($50k), 3791 Marvin ($93k), 2933 Radford ($85k) and 1898 McLemore. No Creative Or Owner Financed Offers. No

    Tyler Tapley Crye-Leike, Inc., REALTORS

    4097 Mossville St, Memphis, TN 38109
  • /28

    $147,500

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

    5696 Quince Rd Unit 3, Memphis, TN 38119

    Open House 11-8-25 1pm-2:30pm Looking for comfy, convenient, and cute? This East Memphis condo checks all the boxes! With 2 bedrooms, 2 baths, and 1,250 sq ft of well-planned space, you’ll love the flow and feel of this East Memphis gem. Enjoy newer laminate floors, an eat-in kitchen with a view of your own private fenced patio, and all of the appliances are included, even the washer and dryer. A

    Carmen Prince Crye-Leike, Inc., REALTORS

    5696 Quince Rd Unit 3, Memphis, TN 38119
  • /18

    $189,500

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

    1052 Faxon Ave, Memphis, TN 38105

    Newly renovated Tudor in desired Speedway Terrace. This 3 bdrms/2 bthrms home has great curb appeal. People love this large covered porches. Beautiful hardwood floors through-out & tile floors in the wet areas. Beautiful quartz counter tops & back splash to compliment this open light kitchen. This home features an open Living room and separate dining room. Lots of windows and space in this home.

    Francyetta Seward C21 Patterson & Assoc. Real Es

    1052 Faxon Ave, Memphis, TN 38105
  • /22

    $189,900

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

    1826 Norfolk St, Memphis, TN 38106

    TENANT OCCUPIED - Welcome to this beautiful 2025 built 4 bedroom, 2 bath home, a great opportunity to own something completely new! Featuring luxury vinyl flooring, Quartz countertops, and modern finishes throughout, this home combines comfort and durability with style. The floor plan offers a spacious living area, a separate laundry room, and the primary bedroom comes complete with a full

    Joshua Moss KAIZEN Realty, LLC

    1826 Norfolk St, Memphis, TN 38106
  • /22

    $152,000

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

    4757 Bluff Wood Cove, Memphis, TN 38128

    Step into style and comfort with this gorgeous 3 bedroom, 2 bath home in the up and coming Raleigh area! Built in 2022, this modern gem is completely turn-key and ready for your arrival. The open-concept creates the perfect backdrop for entertaining, while the large backyard is ready for pets and play. Don't miss your chance to own a like-new home!!!

    Randell Richmond eXp Realty, LLC

    4757 Bluff Wood Cove, Memphis, TN 38128
  • /34

    $155,000

    • 2 Beds
    • 2 Baths
    • 1,635 Sq Ft

    2388 Forrest Ave, Memphis, TN 38112

    This charming Duplex is right across the street from Overton Park and Zoo! Each unit is 1bed 1bath (2bed, 2bath total). Unit #2388 is currently vacant, while Unit #2390 is rented for $750/mo. Property is professionally managed by Ryan Lubin (Lubin Property Management).. ONLINE VIDEO AVAILABLE UPON REQUEST. Home has hardwood floors, gas cooking, large backyard, and tons of other amenities. Seller

    Tyler Tapley Crye-Leike, Inc., REALTORS

    2388 Forrest Ave, Memphis, TN 38112
  • /8

    $129,000

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft

    185 N Bingham St, Memphis, TN 38112

    Investor’s dream on a double lot! This property offers incredible potential as a short-term rental, long-term hold, or future build opportunity. Featuring hardwood floors throughout and walkable access to the Broad Avenue Arts District, it’s perfectly positioned in one of Memphis’ most desirable neighborhoods. The rare double lot provides extra space and flexibility, making this a must-see for

    Molly Flynn Keller Williams

    185 N Bingham St, Memphis, TN 38112
  • /10

    $109,900

    • 2 Beds
    • 1 Bath
    • 800+ Sq Ft

    952 Barbara Dr, Memphis, TN 38108

    Charming all-brick home that has been renovated and is move-in ready! The seller will install a brand-new stove and central heating & air conditioning before closing. Just minutes from midtown, Overton Park, shopping, dining, and easy access to the expressway. This one is a must-see! Please schedule showings through Broker Bay.

    Robert Stone Keller Williams

    952 Barbara Dr, Memphis, TN 38108
  • /37

    $195,000 Open Sun 1PM - 2:30PM

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

    1584 Eastmoreland Ave Unit 3, Memphis, TN 38104

    Spacious, updated & light filled upstairs condo in the heart of Central Gardens! Classic architecture inside and out! 9' smooth ceilings, original nail down hardwood. Nice molding & built-ins. Wood burning fireplace! Replacement windows throughout, some casements with screens. Kitchen and bath updated. All appliances remain. Stove 3 yrs, washer/dryer 2 yrs, new dishwasher. HVAC & ductwork 5 yrs

    Deborah Mays Hobson, REALTORS

    1584 Eastmoreland Ave Unit 3, Memphis, TN 38104
  • /5

    $100,000

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

    2220 Hillside Ave, Memphis, TN 38127

    Updated 3BR/1BA Investment Gem in Frayser! Quiet street, solid cash flow, and major upgrades: electrical, plumbing, HVAC, roof, and driveway. Features tile shower, spacious bedrooms, and central heat/air. Lot spans 0.36 acres with driveway pad. Ideal for investors or first-time buyers. Part of a 4-property package deal: • 1660 S Wellington St – $79,000 • 1823 Cedarhurst Ave – $83,000 • 2607

    Curtis Bleeker KAIZEN Realty, LLC

    2220 Hillside Ave, Memphis, TN 38127
  • /19

    $199,500

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

    1322 Larkin Ave, Memphis, TN 38104

    Beautiful 3 bed, 2 bath home in the heart of Memphis! Located in a gated community, this gem features stunning solid surface floors throughout, a spacious layout, and a neighborhood you’ll love calling home. Move-in ready and packed with charm.

    Allen Nason Keller Williams

    1322 Larkin Ave, Memphis, TN 38104
  • /8

    $104,900

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

    5072 Blacksmith Dr, Memphis, TN 38127

    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

    5072 Blacksmith Dr, Memphis, TN 38127

Showing Results 401 - 440, Page 11 of 18

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