Memphis, TN Homes for Sale under $200,000

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  /7

  $129,000

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

  4876 Cottonwood Rd, Memphis, TN 38118

  Back on Market - REDUCED PRICE $ Investor Dream... House in Good Condition just need a little TLC No FHA or VA contracts As-Is Sale owner will not make repairs... Need AC Service and new water heater. Occupied by owner...no lock box, Make offer subject to Inspection Do not approach property without appointment

  ANTHONY WILLOUGHBY Germantown Luxury Homes, LLC

  4876 Cottonwood Rd, Memphis, TN 38118
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  /32

  $117,000

  • 3 Beds
  • 2.5 Baths
  • 1,635 Sq Ft

  4040 Graham Oaks Ct Unit 21, Memphis, TN 38122

  Discover this updated, move-in ready two-story condo offering modern comfort and a functional layout. Recent updated with new carpet upstairs and an updated primary bathroom, adding fresh style and value. The main level features a spacious great room with an easy flow into the kitchen, dining area, and in the hallway a convenient half bath. A layout ideal for everyday living and entertaining.

  Courtney Staples Keller Williams

  4040 Graham Oaks Ct Unit 21, Memphis, TN 38122
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  /27

  $150,000

  • 3 Beds
  • 1 Bath
  • 1,189 Sq Ft

  3392 Radford Rd, Memphis, TN 38111

  Looking for value and move-in peace of mind? This home just got even better! Seller is installing a brand-new ALL-IN-ONE front-loading washer & dryer combo for the new buyer to enjoy. And here's the cherry on top, with a full-price offer, a brand-new HVAC system will also be installed before closing! Don’t miss this opportunity to own a charming, move-in-ready home with major upgrades already

  Miltha Martinez eXp Realty, LLC

  3392 Radford Rd, Memphis, TN 38111
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  /23

  $189,900 New Construction

  • 4 Beds
  • 2 Baths
  • 1,660 Sq Ft

  2234 E Alcy Rd, Memphis, TN 38114

  Exciting Opportunity in Memphis: Brand New 4 Bedroom, 2 Bath Home at 2234 E Alcy, 38114! This stunning new construction boasts a unique floor plan with the primary bedroom downstairs and 3 additional bedrooms upstairs. The modern open layout features beautiful white cabinets, upgraded hardware, and easy-to-clean stained concrete flooring downstairs. Conveniently located with quick access to

  Dawn Kinard Welch Realty, LLC

  2234 E Alcy Rd, Memphis, TN 38114
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  /27

  $164,900

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

  2277 Union Ave Unit 502, Memphis, TN 38104

  Fully Renovated! Move-In Ready! Beautiful Granite Counter Tops and Maple Kraftmaid Cabinets. Tile and Slate Floors in the Kitchen and Bathrooms. GE Profile Appliances, Refrigerator Included. Luxurious Deluxe Showers. Beautiful New Floors in the Bedrooms and Living Room, 2019. New Custom Vertical Blinds with Blackout Feature, 2023. Building features a Pool, Party Room w/ Kitchen, Laundry Room and

  John Paul Privette River Realty, LLC

  2277 Union Ave Unit 502, Memphis, TN 38104
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  /25

  $139,999

  • 2 Beds
  • 2 Baths
  • 1,170 Sq Ft

  1960 N Parkway Unit 1110, Memphis, TN 38112

  modern and renovated corner unit in the famous Parkway House! If you were wondering what living in midtown is like than this home is the one! With a balcony that faces East you have a beautiful view that shows the sunrise over the exalting Rhodes College campus with a full view over the Memphis Zoo. The kitchen and bathrooms are full of quartz, modern tile, and complimented with beautiful

  James Hooker Tiger Realty

  1960 N Parkway Unit 1110, Memphis, TN 38112
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  /14

  $175,000 New Construction

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

  5046 Breckenwood 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. No Wholesalers or owner financed offers.

  Brett Bernard The Stamps Real Estate Company

  5046 Breckenwood Dr, Memphis, TN 38127
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  /5

  $120,000

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

  944 Alice Ave, Memphis, TN 38106

  Charming home located in Memphis, TN, offering a welcoming atmosphere with its spacious living areas and abundant natural light. The property features 4 bedrooms and 2 bathrooms, providing ample space for all your needs. Enjoy the convenience of a well-appointed kitchen, a cozy living room, and a lovely backyard appropriate for outdoor activities. The home is situated in a friendly neighborhood

  Steven Koleno Beycome Brokerage Realty LLC

  944 Alice Ave, Memphis, TN 38106
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  /7

  $132,000

  • 2 Beds
  • 2 Baths
  • 1,050 Sq Ft

  4207 Hickory Grove Dr, Memphis, TN 38141

  Outstanding Investment Opportunity! This charming 2-bedroom, 2-bath brick home is currently leased for $1,150/month and is professionally managed. The lease will expire or renew on April 1, 2026, and the tenant has been in residence since April 2024, consistently making timely payments. The home boasts a spacious den with a cozy fireplace, a kitchen with a breakfast area, and a generous master

  Jeremy Veldman KAIZEN Realty, LLC

  4207 Hickory Grove Dr, Memphis, TN 38141
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  /9

  $137,500 New Construction

  • 4 Beds
  • 2 Baths
  • 1,101 Sq Ft

  4372 Ryan St, Memphis, TN 38127

  Affordable living in an established neighborhood—this newly built home brings comfort, style, and value together in one inviting package. Offering 4 bedrooms and 2 full baths, this thoughtful layout is perfect for everyday living and room to grow. You’ll love the wood laminate flooring throughout, bringing a clean and polished look to every space. The modern kitchen features beautiful granite

  Tanika Bland BEST Real Estate Company

  4372 Ryan St, Memphis, TN 38127
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  /40

  $199,000

  • 1 Bed
  • 1 Bath
  • 800+ Sq Ft

  420 S Front St Unit 306, Memphis, TN 38103

  Experience Downtown living in this sleek downtown condo - walking distance to the Riverfront, bars, restaurants, FedEx Forum, Farmers Market & Malco Theatre. 1 bedroom unit with walk in closet. No carpet - all hardwood, wood laminate & tile floors. Exposed beam & brick in living room. Enjoy views of the mighty Mississippi river & bridge from your condo. Kitchen w/granite countertops & stainless

  Jessica Brown REMAX Experts

  420 S Front St Unit 306, Memphis, TN 38103
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  /15

  $150,000

  • 2 Beds
  • 2 Baths
  • 1,050 Sq Ft

  2162 Griggs Ave, Memphis, TN 38108

  Fantastic investment opportunity or ideal owner-occupant setup! This updated duplex features (2) 1BR/1BA units, each with spacious living rooms and kitchens (12x11 & 12x10). Both units boast luxury vinyl plank flooring in living and bedroom areas, tile in kitchens and baths, plus modern kitchens and updated baths with tile surrounds. Additional highlights include double-pane vinyl windows,

  Mark Wilson Coldwell Banker Collins-Maury

  2162 Griggs Ave, Memphis, TN 38108
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  /14

  $169,500 Open Sat 11AM - 2PM

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

  581 Gilleas Rd, Memphis, TN 38109

  Open house Saturday, January 3rd, 11:00 a.m.-2:00 p.m.! New construction! Currently being built! Estimated completion date is October 30th, 2025! 1,000 sq ft! 3 Bedrooms, 2 Bathrooms, wood plank flooring, concrete driveway, central AC/Heat, large lot, etc... Builder will provide refrigerator & stove. Builder also will pay $2,500 towards the buyer's closing cost with accepted offer. Hurry and

  Myles Wilson Keller Williams

  581 Gilleas Rd, Memphis, TN 38109
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  /9

  $122,000

  • 3 Beds
  • 1.5 Baths
  • 1,317 Sq Ft

  3256 Denver St, 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 $1,075/month through 2/7/2027. No creative or owner financed offers. No wholesalers or assignments. Do not disturb or approach

  James Wachob Foundation Property Management

  3256 Denver St, Memphis, TN 38127
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  /2

  $107,500

  • 3 Beds
  • 1 Bath
  • 1,390 Sq Ft

  1251 Lamar Ave, Memphis, TN 38104

  Make this home your project. Complete rehab needed. AS-IS

  Andre Pruitt TRG Real Estate Services, LLC

  1251 Lamar Ave, Memphis, TN 38104
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  /7

  $145,000

  • 4 Beds
  • 2 Baths
  • 1,940 Sq Ft

  3021 S Mendenhall Rd, Memphis, TN 38115

  Sitting at over 2,000 sq ft with 4 bedrooms and 2 bathrooms, this home hosts endless potential for gain following some TLC!!! Do not miss your chance to check out this canvas ready for your paint brush!!! Home is to be sold AS-IS!!! All due diligence is to be performed by buyer prior to closing. Conventional or cash only!!!

  Randell Richmond eXp Realty, LLC

  3021 S Mendenhall Rd, Memphis, TN 38115
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  /8

  $188,000

  • Land
  • 0.23 Acre
  • $817,391 per Acre

  3511 Windgarden Cove, Memphis, TN 38125

  Rare opportunity!! This lot is located in a highly sought after gated golf course community, a perfect place to build your dream home! Walking distance to the 18th green and TPC clubhouse, It is just minutes away from shopping, dining, and schools.

  Tony Cai eXp Realty, LLC

  3511 Windgarden Cove, Memphis, TN 38125
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  /12

  $110,000

  • 3 Beds
  • 1 Bath
  • 1,052 Sq Ft

  1941 Clifton Ave, Memphis, TN 38127

  Built 1985, 3 bed 1 bath investment property. All tile floors, recently painted interior. new blinds.

  Justin Thorne HomePlace Real Estate

  1941 Clifton Ave, Memphis, TN 38127
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  /9

  $190,500 New Construction

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

  388 Bonnell Ave, Memphis, TN 38109

  Perfect investment opportunity! Tenant pays $1450 Home Features - Freshly painted throughout - LVP floors throughout - Bright and spacious living area - New and modern kitchen with white shaker cabinets and a Vent-A-hood - Central heat and air for cooling system - Large backyard for outdoor activities or for pets. - Conveniently located near The Links at Whitehaven Golf Course, Fairley

  Alexsia Carwell MidSouth Residential, LLC

  388 Bonnell Ave, Memphis, TN 38109
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  /23

  $185,000

  • 3 Beds
  • 2 Baths
  • 1,737 Sq Ft

  4400 Poplar Ave Unit 38, Memphis, TN 38117

  Gated East Memphis Condo. Perfect Location Convenient to Shopping and Restaurants. Upstairs 3BR / 2 Bath Unit. Freshly painted throughout. New Carpet. Eat-In Kitchen. Massvie Living Room Overlooking Courtyard. Dining Room. Primary BR is EXLG W/ Dbl Closets. 1 Covered Parking Space. No Rentals Allowed

  Allyson Avera Crye-Leike, Inc., REALTORS

  4400 Poplar Ave Unit 38, Memphis, TN 38117
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  /18

  $150,000

  • 2 Beds
  • 1 Bath
  • 1,131 Sq Ft

  3579 Powell Ave, Memphis, TN 38122

  Furniture's are virtual staging to see potential. Roof only 4 years old, beautifully updated home in the heart of High Point Terrace! This charming 2-bedroom property features fresh interior paint, refinished floors, an updated kitchen and bath, and a spacious layout filled with natural light. Enjoy a large fenced backyard, perfect for pets or outdoor entertaining. Conveniently located just

  David Truong eXp Realty, LLC

  3579 Powell Ave, Memphis, TN 38122
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  /2

  $151,900

  • Land
  • 2.87 Acres
  • $52,927 per Acre

  4375 S Highway 61, Memphis, TN 38109

  VACANT LAND!!!!! WAITING YOUR VISION, HAS GREAT POTENTIAL NO SIGN DRIVE BY AND SEND ME YOR OFFER!

  Rosa Anderson Adaro Realty, Inc.

  4375 S Highway 61, Memphis, TN 38109
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  /14

  $190,000 New Construction

  • 3 Beds
  • 2 Baths
  • 1,256 Sq Ft

  808 Marechalneil St, Memphis, TN 38114

  Brand-new 3 bed, 2 bath home — modern open floor plan, energy-efficient, and move-in ready! 1,256 sq. ft. of open living space, tall ceilings, and energy-efficient features. The kitchen island flows into the living area, perfect for entertaining. Built on a durable slab foundation with a welcoming front porch, this home is move-in ready and offers great value to buyers.

  Jonathan Minerick homecoin.com

  808 Marechalneil St, Memphis, TN 38114
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  /26

  $189,000

  • 3 Beds
  • 1 Bath
  • 1,000 Sq Ft

  524 Mineral Rd, Memphis, TN 38120

  This one won't last long! Cute 3 bedroom, 1 bath home in the Richland Elementary district. A great starter home or investment property. Hardwood floors, updated cabinets and countertops. Gas cooking. Large laundry room. A huge fenced backyard with storage building. Schedule your showing today!

  Diane Peterson Keller Williams

  524 Mineral Rd, Memphis, TN 38120
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  /9

  $149,900

  • 3 Beds
  • 2 Baths
  • 1,297 Sq Ft

  3082 Bluffdale St, Memphis, TN 38118

  Available now! Great home for homeowner or investor. Newly renovated. Spacious eat-in kitchen with dining room, separate living room, hardwood throughout, 2 car carport, large fenced-in backyard. Convenient location. House has just been freshly painted (Nov 2025) and cleaned and is move-in ready! Call today!

  Jeremy Veldman KAIZEN Realty, LLC

  3082 Bluffdale St, Memphis, TN 38118
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  /27

  $200,000

  • 1 Bath
  • 800+ Sq Ft

  505 Tennessee St Unit 407, Memphis, TN 38103

  Spacious Studio loft in the infamous Lofts at South Bluffs! Huge walk-in closet, bathroom with shower/soaking tub and plenty of room in the living space for bed, couch and soft seating. Engineered wood floors, over 12-foot ceilings with exposed brick wall on the south side of the condo, and thick timber support columns to accent the original finishes of the building from 1909. Originally Orgill

  Mike Parker The Firm

  505 Tennessee St Unit 407, Memphis, TN 38103
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  /15

  $142,999

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

  4378 Sherrycrest Cove, Memphis, TN 38128

  $5,500 CREDIT FOR ROOF! Welcome to 4387 Sherry crest – a charming, move-in ready home perfect for first-time buyers, families, or investors! This well-maintained property features 3 spacious bedrooms and 2 full bathrooms, offering comfort and functionality. Enjoy cooking in the updated kitchen with stylish farm-style countertops, and entertain in the inviting living and dining rooms that offer

  Mahmoud 'Mac' El-Aina Pinnacle Realty

  4378 Sherrycrest Cove, Memphis, TN 38128
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  /31

  $195,000

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

  109 N Main St Unit 1105, Memphis, TN 38103

  Fully updated downtown condo! Enjoy the view from this bright, open, corner oasis, then relax in the pool or soak in the hot tub before grilling dinner on the rooftop patio. This unit has its own washer & dryer, ample storage, furnished bedrooms, and refinished hardwood floors throughout (all appliances remain). Building amenities include pool, hot tub, workout room, rooftop patio, and event

  Rollin Rosatti Crye-Leike, Inc., REALTORS

  109 N Main St Unit 1105, Memphis, TN 38103
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  /13

  $165,000 New Construction

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

  3758 Longfellow Rd, Memphis, TN 38108

  RENTS MHA-$1700 per month! Beautiful 3 bed, 2 bath Brand New Construction! Comes with a 1 Year Builder Home Warranty. LVP flooring throughout, granite. Beautiful finishes and fixtures. Also, a Great Starter home! Please use Offer Information Sheet when writing your Offer. NOTE: No Owner Financing or Wholesalers. Pictures are of Model Home. This home is the exact same floor plan, square footage,

  Brett Bernard The Stamps Real Estate Company

  3758 Longfellow Rd, Memphis, TN 38108
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  /12

  $175,000

  • 3 Beds
  • 1 Bath
  • 1,164 Sq Ft

  766 Buck St, Memphis, TN 38111

  Seize this excellent investment opportunity in the vibrant Normal Station neighborhood! This charming 3-bedroom, 1-bathroom home offers both immediate rental income and future potential. For the past 2 years, property has been leased for $1,350 per month, this property provides a reliable revenue stream. Its prime location ensures easy access to the University of Memphis, Botanical Gardens, and

  Brittany Denny The Firm

  766 Buck St, Memphis, TN 38111
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  /26

  $165,000

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

  475 N Highland St Unit 5B, Memphis, TN 38122

  REDUCED TO SELL!! Updated 3 bedroom/3 bath condo in desirable Fairway Towers. 24 hr Security, gorgeous lobby, meeting, exercise rooms & fabulous pool. End unit. Open floor plan. Bamboo floors. Granite, SS in kitchen. LED recessed lighting. New Pella doors w/ built-in blinds and windows. Customized walk-in closets. On demand hot water. 2 balconies. Surround sound throughout. Lighted built-ins in

  Hedda Schwartz KAIZEN Realty, LLC

  475 N Highland St Unit 5B, Memphis, TN 38122
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  /20

  $116,500

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

  1247 Vistaview Cove, Memphis, TN 38127

  Investment opportunity. Tenant occupied property available for sale. Investors only. Brick home with three bedrooms, one and a half baths and covered parking on a quiet street. Professionally managed, lease and ledger available upon request. Currently rented for $1095/mo. Seller is also has 449 Fernwood, 1675 Haywood & 3245 Sinclair (can buy these houses in bulk or individually). All properties

  Tyler Tapley Crye-Leike, Inc., REALTORS

  1247 Vistaview Cove, Memphis, TN 38127
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  /20

  $160,000

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

  1592 Southern Ave, Memphis, TN 38114

  Beautifully renovated 3-bedroom, 2-bath home located near the vibrant Cooper-Young area. This charming property features modern updates throughout and a newly installed wooden privacy fence in the back of the property-perfect for relaxing or entertaining. Don't miss this move-in ready gem in a prime location!

  Randell Richmond eXp Realty, LLC

  1592 Southern Ave, Memphis, TN 38114
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  /22

  $189,000

  • 3 Beds
  • 2 Baths
  • 1,976 Sq Ft

  3179 Coleman Rd, Memphis, TN 38128

  LOCATION! just minutes to I40, this one has 2 car garage and covered parking for RV/camper, an additional out building in rear yard, 3 bedrooms, 2 baths, roof is 2 years old, fresh paint on exterior and interior, no carpet downstairs, hardwood, laminate, upstairs has huge 10x12 finished room. This home has over 1900 heated sq feet...Good bones, neutral interior color....Come make this one your

  Cari Dawson Hometown Realty

  3179 Coleman Rd, Memphis, TN 38128
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  /5

  $104,900

  • 4 Beds
  • 2 Baths
  • 1,350 Sq Ft

  173 Hayden Place, Memphis, TN 38111

  Discover the perfect blend of potential and comfort in this spacious duplex, ideal for homeowners or investors. Prime Location in Binghampton area has seen revitalization efforts in recent years, with community development projects and new businesses emerging. Conveniently situated near schools, shopping, and major transit routes. Modern improvements in key areas, including refreshed flooring,

  Barry Less Leco Realty, Inc.

  173 Hayden Place, Memphis, TN 38111
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  /10

  $180,000

  • 3 Beds
  • 2 Baths
  • 1,336 Sq Ft

  3144 Hopkins Ave, Memphis, TN 38112

  Welcome home to 3144 Hopkins Ave, a beautifully updated 3-bedroom, 2-bath gem in the heart of East Memphis! Step inside to find an inviting open-concept living and dining space filled with natural light, perfect for both relaxing and entertaining. The kitchen offers ample cabinetry, modern appliances, and a convenient breakfast bar. The spacious primary suite features a private full bath and

  Courtney Clark Keller Williams

  3144 Hopkins Ave, Memphis, TN 38112
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  /34

  $194,000

  • 3 Beds
  • 2 Baths
  • 1,559 Sq Ft

  4025 E Whitehaven Park Cir, Memphis, TN 38116

  This Unique Style Home has been completely remodeled from inside-out.This 3 bedrm, 2 full bath home offers a spacious split floor plan w/oversized bedrooms. It offers just the right touch of elegance & style to satisfy any buyer type. The kitchen sparkles with stainless steel appliances & also boast w/ all new cabinetry. The kitchen also transitions into the lovely dining/breakfast & living area,

  Tarsha Coleman BEST Real Estate Company

  4025 E Whitehaven Park Cir, Memphis, TN 38116
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  /3

  $160,000

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

  1783 Parkway Terrace, Memphis, TN 38114

  Occupied Property Disclosure. Buyer acknowledges and understands that property herein is reported to be occupied. Buyer accepts responsibility for eviction, lease or rental negotiation, or other remediation, as Buyer finds necessary in order to clarify legal occupancy status. Buyer agrees to hold Seller, Williams & Williams, and its agents harmless from any and all results therein. Occupied

  JERRY EMERSON KING Williams & Williams Real Estate Auctions

  1783 Parkway Terrace, Memphis, TN 38114
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  /9

  $114,900

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

  1640 Portland Ave, Memphis, TN 38127

  Fantastic investment opportunity in the Shelby area. This 3br/4.1 bath single-family home is in the 38127 area. Cash flowing with a monthly rental amount of $1,150/month. The lease ends on 11/30/2025. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  1640 Portland Ave, Memphis, TN 38127
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  /18

  $165,000 New Construction

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

  828 Semmes St, Memphis, TN 38111

  One of two "Evening Rose Cottages" of the new Camellia Cottage development, which features a 3-bedroom 2-bath cottage. Available to low-to-moderate income first-time homebuyers. NO investors. One-year builder's home warranty offered. $25k downpayment assistance is available. Range/oven and dishwasher will be installed before closing.

  Tammy Coleman Legendary Realty

  828 Semmes St, Memphis, TN 38111

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